SaskEnergy Second Quarter Report - September 30, 2020

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Six Months Ended September 30, 2020

For the Six Months Ended September 30, 2019

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Total

Total

(millions)

Notes

Revenue Natural gas sales

10 11 12

$

104

$

(5)

$

99 99 93 10

$

96 95 94 20

$

3

$

99 95 94 20

Delivery

99 93 10

- - -

- - -

Transportation and storage Customer capital contributions

306

(5)

301

305

3

308

Expenses Natural gas purchases (net of change in inventory)

10

107

(35)

72 47 77 57

86 43 76 53

30

116

Employee benefits

47 77 57

- - - - -

- - - - -

43 76 53

Operating and maintenance Depreciation and amortization

Saskatchewan taxes

9 2

9 2

9 1

9 1

Impairment loss on trade and other receivables

299

(35)

264

268

30

298

Net income before the following

7

30

37

37

(27)

10

Finance income Finance expenses

13 13 13

3

- - -

3

2

- - -

2

(30) (27)

(30) (27)

(29) (27)

(29) (27)

Net finance expenses

Other gains

2

-

2

-

-

-

Total net (loss) income

$

(18)

$

30

$

12

$

10

$

(27)

$

(17)

Items that may be reclassified back to profit or loss

Change in fair value of debt retirement funds designated as FVOCI

-

4

4

-

3

3

Comprehensive (loss) income

$

(18)

$

34

$

16

$

10

$

(24)

$

(14)

(See accompanying notes)

2020-21 Second Quarter Report

20

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