SaskEnergy Second Quarter Report - September 30, 2016

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Six Months Ended September 30, 2016

For the Six Months Ended September 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

$

117

$

(8)

$

109

$

146

$

(7)

$

139

Delivery

77 65

- - - -

77 65

71 60 11

- - - -

71 60 11

Transportation and storage Customer capital contributions

8 5

8 5

Other

5

5

272

(8)

264

293

(7)

286

Expenses Natural gas purchases (net of change in inventory)

9

104

(74)

30 41 61 47

134

(9)

125

Employee benefits

41 61 47

- - - -

44 58 43

- - - -

44 58 43

Operating and maintenance Depreciation and amortization

Saskatchewan taxes

7

7

6

6

260

(74)

186

285

(9)

276

Income before the following

12

66

78

8

2

10

Finance income Finance expenses

1

4

5

2

(5)

(3)

(23) (22)

-

(23) (18)

(26) (24)

-

(26) (29)

Net finance expenses

4

(5)

Other losses

-

-

-

(2)

-

(2)

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

$

(10)

$

70

$

60

$

(18)

$

(3)

$

(21)

(See accompanying notes)

14

2016-17 SECOND QUARTER REPORT

Made with FlippingBook Ebook Creator