SaskEnergy First Quarter Report - June 30, 2016

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Three Months Ended June 30, 2016

For the Three Months Ended June 30, 2015

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 8)

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 8)

Total

Total

(millions)

Notes

Revenue Natural gas sales

9

$

54 42 32

$

(14)

$

40 42 32

$

76 39 29

$

(4)

$

72 39 29

Delivery

- - - -

- - - -

Transportation and storage Customer capital contributions

12

2 2

2 2

2 3

2 3

Other

12

132

(14)

118

149

(4)

145

Expenses Natural gas purchases (net of change in inventory)

9

48 21 30 23

(68)

(20)

67 23 29 21

(12)

55 23 29 21

Employee benefits

- - - -

21 30 23

- - - -

Operating and maintenance Depreciation and amortization

Saskatchewan taxes

2

2

2

2

124

(68)

56 62

142

(12)

130

Income before the following

8

54

7

8

15

Finance income Finance expenses

1

3

4

1

(4)

(3)

(12) (11)

-

(12)

(13) (12)

-

(13) (16)

Net finance expenses

3

(8)

(4)

Total net income (loss) and comprehensive income (loss)

$

(3)

$

57

$

54

$

(5)

$

4

$

(1)

(See accompanying notes)

15

2016-17 FIRST QUARTER REPORT

Made with FlippingBook Ebook Creator