SaskEnergy First Quarter Report - June 30, 2022

Notes to the Consolidated Financial Statements (unaudited)

The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:

As at June 30, 2022

As at March 31, 2022

(millions)

11

$

Cash

2

$

132 149 113 405

Trade and other receivables

199 146 121 468

Debt retirement funds

Fair value of derivative instrument assets

$

$

At June 30, 2022, the exposure to credit risk for trade receivables by type of customer was as follows:

As at June 30, 2022

As at March 31, 2022

(millions)

$

77 28

Distribution customers

$

133

Transmission and storage customers

34

3

Asset optimization customers

4

24

Other customers

28

$

132

Trade and other receivables

$

199

7. ASSETS HELD FOR SALE As at June 30, 2022, non-current assets were classified as held for sale within the condensed consolidated statement of financial position. At June 30, 2022 the land and building assets are measured at carrying amount, which is also equal to their fair value less costs to sell and were no longer depreciated. The carrying amount of the land and building assets held for sale as at the end of the period was $1 million.

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