CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Six Months Ended September 30
(millions)
Notes
2020
2019
Operating activities Net income (loss)
$
12
$
(17)
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
9 9
(24)
27
(6)
-
Depreciation and amortization
57 27
53 27
Net finance expenses
13
Net gain on disposal of assets
(2) (1)
- -
Other non-cash items
63 18 81
90 19
Net change in non-cash working capital related to operations
Cash provided by operating activities
109
Investing activities Additions to intangible assets
(5)
(6)
Additions to property, plant and equipment
(97)
(154)
Net proceeds on disposal of assets
1
-
Decommissioning costs
(2)
(1)
Cash used in investing activities
(103)
(161)
Financing activities Debt retirement funds redemptions Debt retirement funds installments
12
-
(9)
(8)
Proceeds from long-term debt Repayment of short-term debt Repayment of long-term debt
6
160
161
(67) (34)
(34)
-
Repayment of principal on lease liability
7
(3)
(3)
Interest paid Dividends paid
(29)
(26) (43)
(4)
Cash used in financing activities
26
47
Increase (decrease) in cash and cash equivalents
$
4
$
(5)
Cash and cash equivalents, beginning of period Increase (decrease) in cash and cash equivalents
1 4
6
(5)
Cash and cash equivalents, end of period
$
5
$
1
2020-21 Second Quarter Report
22
Made with FlippingBook Ebook Creator