CONTENTS
4 CORPORATE PROFILE
7 LETTER OF TRANSMITTAL
8 MINISTER’S MESSAGE
9 CHAIR’S MESSAGE
21
46
MANAGEMENT’S DISCUSSION & ANALYSIS 21 Introduction 21 Strategic Scorecard Measures 29 Industry Overview 31 Consolidated Financial Results 39 Liquidity and Capital Resources 40 Capital Expenditures 40 Outlook 42 Risk Management and Disclosure 44 Critical Accounting Policies and Estimates 45 Accounting Policy Changes
CONSOLIDATED FINANCIAL STATEMENTS 47 Management’s Responsibility for Consolidated Financial Statements 48 Management’s Report on Internal Control Over Financial Reporting 49 Independent Auditor’s Report 50 Consolidated Statement of Financial Position 51 Consolidated Statement of Comprehensive Income 52 Consolidated Statement of Changes in Equity 53 Consolidated Statement of Cash Flows 54 Notes to the Consolidated Financial Statements
To create a competitive advantage for Saskatchewan through safe, innovative energy solutions. VISION MISSION
Our team of engaged employees and business partners develops and delivers safe, reliable natural gas solutions that benefit our customers and Saskatchewan.
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