Notes to the Condensed Consolidated Financial Statements (unaudited)
The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:
As at March 31, 2021 (audited)
As at June 30, 2021
(millions)
$
1
Cash
$
-
119 149
Trade and other receivables
165 136
Debt retirement funds
39
Fair value of derivative instrument assets
17
$
308
$
318
At June 30, 2021, the exposure to credit risk for trade receivables by type of customer was as follows:
As at June 30, 2021
As at March 31, 2021 (audited)
(millions)
$
59 40
Distribution customers
$
100
31
Transmission and storage customers
(5)
4
Asset optimization customers
25
Other customers
30
$
119
Trade and other receivables
$
165
7. ASSETS HELD FOR SALE As at June 30, 2021, non-current assets were classified as held for sale within the condensed consolidated statement of financial position. At June 30, 2021 the land and building assets are measured at carrying amount, which is also equal to their fair value less costs to sell and were no longer depreciated. The carrying amount of the land and building assets held for sale as at the end of the period was $4 million. A sale was finalized with regards to the assets on July 21, 2021.
p.22
Made with FlippingBook Ebook Creator