SaskEnergy First Quarter Report - June 30, 2025

Notes to the Consolidated Financial Statements (unaudited)

At June 30, 2025, the exposure to credit risk for trade receivables by type of customer was as follows:

As at June 30, 2025

As at March 31, 2025

(millions)

Distribution customers

$

30 39

$

94 39

Transmission and storage customers

Asset optimization customers

2

6

Other customers

29

32

Trade and other receivables

$

100

$

171

6.

Property, Plant and Equipment

Transmission

Computer Construction Hardware in Progress

(millions)

Total

Distribution and Storage Compression Other

COST Balance, April 1, 2024

$

2,063 $

1,899 $

522 $

215

$

23

$

119 $

4,841

Additions Disposals

133

57

17

35

1

328

571

(4)

(11)

(3)

(7)

- - - -

(1)

(26)

Adjustments Impairments

20

6

4

2

- -

32

- -

(1)

(4)

- -

(5)

Transfers

-

-

(243)

(243)

Balance, March 31, 2025

2,212

1,950

536

245

24

203

5,170

Additions Disposals

34

27

5

9

1

63

139

(1) (7)

(1) (1)

-

(1)

- - -

- -

(3) (9)

Adjustments

(1)

- -

Transfers

-

-

-

(76)

(76)

Balance, June 30, 2025

2,238

1,975

540

253

25

190

5,221

ACCUMULATED DEPRECIATION Balance, April 1, 2024

675

678

226

96

16

- - - - - - - -

1,691

Depreciation Adjustments

49

46

20

8 2

- - -

123

1

-

-

3

Disposals

(4)

(11)

(3)

(6)

(24)

Balance, March 31, 2025

721

713

243

100

16

1,793

Depreciation

13

11

5

2

- -

31

Disposals

(1)

(1)

-

(1)

(3)

Balance, June 30, 2025

733

723

248

101

16

1,821

CARRYING AMOUNTS Balance, March 31, 2025 Balance, June 30, 2025

$ $

1,491 $ 1,505 $

1,237 $ 1,252 $

293 $ 292 $

145 152

$ $

8 9

$ $

203 $ 190 $

3,377 3,400

22

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