SaskEnergy Second Quarter Report - September 30, 2022

Financial and Operating Highlights

CONSOLIDATED FINANCIAL INFORMATION ($ millions)

Three months ended September 30,

Six months ended September 30,

2022

2022

2021

2021

43 61

100 118

Delivery

40 51

94

Transportation and storage

100

7

9

Commodity margin

1 4 3

2 5 7

15

21 10

Asset optimization margin Customer capital contributions Total revenue and margins

5

131

258

99 24 44 31

208

24 44 31

51 89 62 11

Employee benefits

51 85 61 10

Operating and maintenance Depreciation and amortization

7 1

Saskatchewan taxes

7

1

Recovery on trade and other receivables

-

(2)

18

35

Net finance expense

14

29

(1)

(1)

Other gains

(1)

(1)

Total expenses

124

248

119

233

7

10 15 25 96

Income (loss) before unrealized market value adjustments

(20)

(25)

17 24 23

Market value adjustments CONSOLIDATED NET INCOME Cash provided by operating activities Cash used in investing activities Cash provided by financing activities

37 17 38

52 27

102

(71)

(99)

(89)

(122)

47 13

11 19

49

19

Dividends declared

2

6

3,529 1,815 59.3%

Total assets Total net debt

3,385 1,683 58.8%

Debt ratio

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

2 2

7 8

2 2

6 8

Commercial

39 43

82 97

Industrial

41 45

82 96

Total

36% warmer 25% warmer

3% warmer

Weather (compared to last 30 years) Transmission energy (petajoules) Domestic

7% warmer

75 25

157

72

151

39

Export

8

10

Total

100

196

80

161

Cash used in Investing Activities $ millions

Income before MVA $ millions

Cash from Operations $ millions

100 150

(40) (20) 0 20

0 40 80 120

10

102

122

96

81

99

103

0 50

(18)

(25) 2021

2022

2021

2020

2022

2020

2022

2021

2020

3

Made with FlippingBook Ebook Creator