SaskEnergy Second Quarter Report - September 30, 2020

Consolidated Financial Statements

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at September 30, 2020 (unaudited)

As at March 31, 2020 (audited)

(millions)

Notes

Assets Current assets Cash and cash equivalents

$

5

$

1

Trade and other receivables

93 49 15

155

Natural gas in storage held for resale

4

13 13 11 15

Inventory of supplies Debt retirement funds

-

Fair value of derivative instruments

5

31

193

208

Right-of-use assets Intangible assets

14 73

15 73

Property, plant and equipment

2,797

2,801

Debt retirement funds

140

125

$

3,217

$

3,222

Liabilities and Province's equity Current liabilities Short-term debt

$

212

$

279 120

Trade and other payables

95

Dividends payable

3

2

Current portion of long-term debt

6

-

34 19

Contract liability Refund liability

32

7

7

Fair value of derivative instruments Current portion of lease liability

5 7

12

21

6

6

367

488

Lease liability

7

6 5

7 5

Employee future benefits

Provisions

238

292

Deferred revenue Long-term debt

5

5

6

1,485 2,106

1,325 2,122

Province's equity

Equity advances

72

72

Other components of equity

8

4

Retained earnings

1,031 1,111

1,024 1,100

$

3,217

$

3,222

(See accompanying notes)

2020-21 Second Quarter Report

18

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