QUARTERLY FINANCIAL AND OPERATING HIGHLIGHTS
15 Months Ended March 31, 2016 1
2015-16 CONSOLIDATED FINANCIAL INFORMATION
Q1
Q2
Q3
Q4
Q5
($ millions) Total revenue Total expenses
275 220
145 146
141 161 (20)
247 196
262 236
1,070
959 111
Consolidated net income (loss) Market value adjustments
55
(1)
51 (6)
26
6
4
(7)
(21)
(24)
Income (loss) before unrealized market value adjustments
49 10 89 31
(5) 10 80 41
(13)
57 14 57 86
47 21 87 30
135
Dividends
10 34 56
65
Cash provided by operating activities
347 244
Capital expenditures
OPERATING HIGHLIGHTS Distribution
Volumes distributed (petajoules) Weather (compared to last 30 years)
61
36
34
55
61
247
1% warmer
5% warmer
2% warmer 13% warmer 14% warmer
9% warmer
Transmission
Volumes transported (petajoules)
90
62
65
83
94
394
12 Months Ended December 31, 2014 1
2014 CONSOLIDATED FINANCIAL INFORMATION
Q1
Q2
Q3
Q4
($ millions) Total revenue Total expenses
362 299
227 244 (17) (11)
214 221
305 377 (72) (99)
1,108 1,141
Consolidated net income (loss) Market value adjustments
63 24
(7)
(33) (80)
6
Income (loss) before unrealized market value adjustments
39
(6)
(13)
27
47 17
Dividends
6
3
5
3
Cash provided by operating activities
80 29
93 56
23
52
248 299
Capital expenditures
104
110
OPERATING HIGHLIGHTS Distribution
Volumes distributed (petajoules) Weather (compared to last 30 years)
66
35
27
56
184
17% colder
21% colder 10% warmer
2% warmer
9% colder
Transmission
Volumes transported (petajoules)
92
58
49
83
282
1 On November 30, 2015, the Government of Saskatchewan announced a change in the year end for CIC and its subsidiaries from December 31 to March 31, commencing with the 2015-16 fiscal year. Accordingly, for the 2015-16 fiscal year the Corporation reported a 15-month fiscal period ended March 31, 2016, shown here compared to a 12-month fiscal period ended December 31.
15
2015-16 ANNUAL REPORT SASKENERGY
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