SaskEnergy 2018-19 Annual Report

SASKENERGY 2018-19 ANNUAL REPORT

11. PROPERTY, PLANT AND EQUIPMENT

Gathering, Treatment & Compression

Vehicles, Equipment & Other

Transmission & Storage

Computer Hardware

Construction in Progress

(millions)

Distribution

Total

COST Balance, April 1, 2017 Additions Disposals Impairment Transfers

51 $

3,241

$

1,430 $

1,217 $

364 $

160

$

19 $

511 (58) (16) (229)

100

89 (41) 11 -

31 (4) (27) -

12

2

277 - - (229)

(7) - -

(6) - -

- - -

Balance, March 31, 2018

3,449

1,523

1,276

364

166

21

99

640 (69) 12 (277)

Additions Disposals Impairment Transfers

159

64

96 (51) 13 -

29

3 (4)

289 (1) - (277)

(5) - -

(2) - -

(6) (1) -

- -

Balance, March 31, 2019 ACCUMULATED DEPRECIATION Balance, April 1, 2017

3,755

1,677

1,338

422

188

20

110

1,112

432

429

152

83

16

- - - - - - -

92 (23)

Depreciation Disposals

34

34 (11)

13

9 (6)

2

(5)

(1)

-

Balance, March 31, 2018

1,181

461

452

164

86 10 -

18

90 (3) (37)

Depreciation Adjustments Disposals

35 -

31 -

13 (3) (20)

1

- (4)

(4)

(2)

(7)

Balance, March 31, 2019 CARRYING AMOUNTS Balance, March 31, 2018 Balance, March 31, 2019

1,231

492

481

154

89

15

-

99 $

2,268

$

1,062 $

824 $

200 $

80

$

3

$

110 $

2,524

$

1,185 $

857 $

268 $

99

$

5

$

Included within the carrying amount for property, plant and equipment is $140 million (2018 - $100 million) related to decommissioning costs. The annualized composite rate of depreciation was 2.5 per cent during the period (2018 - 2.8 per cent). A $13 million impairment recovery was recorded as the Corporation sold its natural gas liquid extraction plant assets effective October 1, 2018. The impairment recovery has been recognized within other gains and losses.

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