SaskEnergy Second Quarter Report - September 30, 2021

Notes to the Condensed Consolidated Financial Statements (unaudited)

14.

DELIVERY REVENUE

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2021

2020

2021

2020

$

60 31

$

30 10

$

30 10

$

61 37

Basic monthly charge

Delivery revenue

-

3

Other

1

1

$

40

$

94

$

41

$

99

15.

TRANSPORTATION AND STORAGE REVENUE

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2021

2020

2021

2020

Transportation Firm Interruptible

$

47

$

92

$

42

$

86

1 1

2 1

1

2

Other

-

-

49

95

43

88

2

5

Storage

3

5

$

51

$

100

$

46

$

93

16.

NET FINANCE EXPENSES

For the Three Months Ended September 30,

For the Six Months Ended September 30,

2021

2020

2021

2020

(millions)

$

1 1

$

1 1

Debt retirement funds earnings

$

1 1

$

3 3

Finance income

-

-

Interest expense on short-term debt Interest expense on long-term debt Unwinding of discount on provisions

-

(1)

(14)

(29)

(14)

(28)

(2)

(3)

(1)

(2)

1

2

Borrowing costs capitalized to qualifying assets

-

1

(15) (14)

(30) (29)

Finance expenses

(15) (14)

(30) (27)

$

$

Net finance expenses

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.3 per cent during the period (March 31, 2021 - 3.4 per cent).

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