2017-18 SaskEnergy Annual Report

CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Statement of Comprehensive Income FOR THE YEARS ENDED MARCH 31 2018 2017

Income Before Unrealized Market Value Adjust- ments

Income Before Unrealized Market Value Adjust- ments

Unrealized Market Value Adjust- ments (Note 19)

Unrealized Market Value Adjust- ments (Note 19)

(millions)

Notes

Total

Total

REVENUE Natural gas sales Delivery Transportation and storage Customer capital contributions Other EXPENSES Natural gas purchases (net of change in inventory) Employee benefits Operating and maintenance Depreciation and amortization Saskatchewan taxes Impairment loss on trade and other receivables

$

474 271 137 21 7 910 407 86 127 100 14 5 739

$

2 - - - - 2

$

476 271 137 21 7 912 375 86 127 100 14 5 707

20

$

364 240 134

$

(8) - - - - (8)

$

356 240 134

15

55 10

55 10

803

795

(32) - - - - - (32)

20

325 87 129

(84) - - - - - (84)

241 87 129

96 12 5

96 12 5

21

654

570

NET INCOME BEFORE THE FOLLOWING

171

34

205

149

76

225

2 (50) (48) (13)

- - - -

2 (50) (48) (13)

22 22 22 23

2 (48) (46) (33)

- - - -

2 (48) (46) (33)

Finance income Finance expenses

NET FINANCE EXPENSES

Other losses

TOTAL NET INCOME

$

110 $

34 $

144 $

70 $

76 $

146

ITEMS THAT CANNOT BE RECLASSIFIED BACK TO PROFIT OR LOSS Change in fair value of debt retirement funds designated as FVOCI

-

1

1

-

-

-

COMPREHENSIVE INCOME

$

110 $

35 $

145 $

70 $

76 $

146

(See accompanying notes)

47

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