SaskEnergy Second Quarter Report - September 30, 2022

Consolidated Financial Statements

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (unaudited)

September 30, 2022

March 31, 2022

(millions)

Notes

ASSETS Current assets Cash and cash equivalents

$

10

$

2

110

Trade and other receivables

199

89 19

Natural gas in storage held for resale

4

6

Inventory of supplies Assets held for sale

16

2

7 5

1

125 355

Fair value of derivative instruments

121 345

11 64

Right-of-use assets Intangible assets

13 69

2,948

Property, plant and equipment

8

2,944

151

Debt retirement funds

146

$

3,529

$

3,517

LIABILITIES AND PROVINCE'S EQUITY Current liabilities Short-term debt

320

$

337 124

$

98 13 31

Trade and other payables

Dividends payable Contract liability

11 15

4 3

Refund liability

4 4

Current portion of lease liability Fair value of derivative instruments

9 5

25

36

494

531

3 5 5

Employee future benefits

4 5 6

Deferred revenue

Lease liability

9

140

Provisions

178

1,648 2,295

Long-term debt

10

1,559 2,283

Province's equity Equity advances

22

22

(14)

Other components of equity

(8)

1,226 1,234

Retained earnings

1,220 1,234

$

3,529

$

3,517

The accompanying notes are an integral part of the condensed consolidated financial statements

16

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