SaskEnergy First Quarter Report - March 31, 2015

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (unaudited)

Other Components of Equity

Retained Earnings

Equity Advances

Total

(millions)

Balance as at January 1, 2014

$

745

$

673

$

72

$

- - -

63

Comprehensive income

63

- -

(6)

Dividends

(6)

Balance as at March 31, 2014

$

802

$

730

$

72

$

-

Balance as at January 1, 2015

$

695

$

623

$

72

$

- - -

55

Comprehensive income

55

- -

(10)

Dividends

(10)

Balance as at March 31, 2015

$

740

$

668

$

72

$

-

(See accompanying notes)

14

2015 FIRST QUARTER REPORT

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