SaskEnergy Second Quarter Report - September 30, 2022

Notes to the Consolidated Financial Statements (unaudited)

The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:

As at September 30, 2022

As at March 31, 2022

(millions)

$

10

Cash

$

2

110 151 125 396

Trade and other receivables

199 146 121 468

Debt retirement funds

Fair value of derivative instrument assets

$

$

At September 30, 2022, the exposure to credit risk for trade receivables by type of customer was as follows:

As at September 30, 2022

As at March 31, 2022

(millions)

$

51 31

$

133

Distribution customers

34

Transmission and storage customers

4

4

Asset optimization customers

24

28

Other customers

$

110

$

199

Trade and other receivables

7. ASSETS HELD FOR SALE As at September 30, 2022, non-current assets were classified as held for sale within the condensed consolidated statement of financial position. At September 30, 2022, the land and building assets are measured at carrying amount, which is also equal to their fair value less costs to sell and were no longer depreciated. The carrying amount of the land and building assets held for sale as at the end of the period was $2 million.

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