SaskEnergy First Quarter Report - June 30, 2021

Notes to the Condensed Consolidated Financial Statements (unaudited)

15. TRANSPORTATION AND STORAGE REVENUE

For the Three Months Ended June 30,

(millions)

2021

2020

Transportation Firm Interruptible

$

45

44

$

1

1

46

45

3

Storage

2

$

49

$

47

16. NET FINANCE EXPENSES

For the Three Months Ended June 30,

(millions)

2021

2020

$

- - -

$

2 2

Debt retirement funds earnings

Finance income

(1)

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

(15)

(14)

(1)

(1)

1

Borrowing costs capitalized to qualifying assets

1

(15)

Finance expenses

(15)

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

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