2017-18 SaskEnergy Annual Report

SASKENERGY 2017-18 ANNUAL REPORT

QUARTERLY FINANCIAL AND OPERATING HIGHLIGHTS

March 31, 2018

2017-18 Financial Highlights ($ millions)

Q1

Q2

Q3

Q4

912 768 144

Total revenue Total expenses

166 172

145 143

271 203

330 250

Consolidated net income (loss) Market value adjustments

(6)

2

68

81 27

34

2

(3)

8

Income (loss) before unrealized market value adjustments

110

(8)

5

60

54

39

Dividends

-

-

16 61 81

23

312 255

Cash provided by operating activities

73 37

39 65

139

Capital expenditures

72

OPERATING HIGHLIGHTS Distribution

219

Energy distributed (petajoules) Weather (compared to last 30 years)

37

37

66

79

5% colder

3% warmer

22% warmer

6% colder

9% colder

Transmission

350

Energy transported (petajoules)

68

76

100

106

March 31, 2017

2016-17 Financial Highlights ($ millions)

Q1

Q2

Q3

Q4

795 649 146

Total revenue Total expenses

118

146 140

233 162

298 283

64 54 57

Consolidated net income (loss) Market value adjustments

6

71 26

15

76

13

(20)

Income (loss) before unrealized market value adjustments

70

(3)

(7)

45

35

29

Dividends

-

-

14 39 72

15

225 198

Cash provided by operating activities

54 29

27 55

105

Capital expenditures

42

OPERATING HIGHLIGHTS Distribution

193

Energy distributed (petajoules) Weather (compared to last 30 years)

38

35

55

65

7% warmer 5% warmer 5% warmer 7% warmer

17% warmer

Transmission

326

Energy transported (petajoules)

65

74

90

97

10

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