SaskEnergy Second Quarter Report - September 30, 2025

Notes to the Consolidated Financial Statements (unaudited)

12.

Delivery Revenue

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2025

2024

2025

2024

Basic monthly charge

$

37

$

36 11

$

73 32

$

72 34

Delivery revenue

9 1

Other

1

3

3

$

47

$

48

$

108

$

109

13.

Transportation and Storage Revenue

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2025

2024

2025

2024

Transportation Firm Interruptible

$

60

$

58

$

120

$

115

1 1

- -

3 1

2

Other

-

62

58

124

117

Storage

3

3

6

6

$

65

$

61

$

130

$

123

14.

Net Finance Expenses

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2025

2024

2025

2024

Debt retirement funds earnings

$

1 1

$

2 2

$

1 1

$

3 3

Finance income

Interest expense on leases

-

(1) (1)

-

(1) (3)

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

(2)

(3)

(17)

(18)

(35)

(35)

(1)

(1)

(3)

(3)

Borrowing costs capitalized to qualifying assets

1

-

2

1

Finance expenses

(19) (18)

(21) (19)

(39) (38)

(41) (38)

Net finance expenses

$

$

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.7 per cent during the period (September 30, 2024 – 3.9 per cent).

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