2015-16 SaskEnergy Annual Report

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the periods ended

15 Months Ended March 31, 2016

12 Months Ended December 31, 2014

Income before Unrealized Unrealized Market Value Market Value Adjustments Adjustments (Note 21)

Income before Unrealized Unrealized Market Value Market Value Adjustments Adjustments (Note 21)

(millions)

Notes

Total

Total

REVENUE Natural gas sales

22

$ 718

$ 11

$ 729

$ 565

$ (10)

$ 555

Delivery

232

– – – –

232

289 151

– – – –

289 151

Transportation and storage Customer capital contributions

98 33 16

98 33 16

16 23

61 14

61 14

Other

1,097

11

1,108

1,080

(10)

1,070

EXPENSES Natural gas purchases (net of change in inventory)

22

695

98

793

494 115 152 110

12

506 115 152 110

Employee benefits

92

– – – –

92

– – – –

Operating and maintenance Depreciation and amortization

126

126

25 26

83 11

83 11

Saskatchewan taxes

15

15

1,007

98

1,105

886 194

12

898 172

90

(87)

3

NET INCOME BEFORE THE FOLLOWING

(22)

Finance income Finance expenses

27 27 27

4

7 – 7

11

6

(2)

4

(48) (44)

(48) (37)

(62) (56)

(62) (58)

NET FINANCE EXPENSES

(2)

Other (losses) gains

28

1

1

(3)

(3)

TOTAL NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)

$ 47

$ (80)

$ (33)

$ 135

$ (24)

$ 111

(See accompanying notes)

51

2015-16 ANNUAL REPORT SASKENERGY

Made with FlippingBook Ebook Creator