CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Six Months Ended September 30
(millions)
Notes
2016
2015
Operating activities Net income (loss) and comprehensive income (loss)
$
60
$
(21)
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
8 8
(52) (14)
(2)
-
Depreciation and amortization
47 18
43 29
Net finance expenses
Other losses on disposal of assets
-
2
59 22 81
51 63
Net change in non-cash working capital related to operations
10
Cash provided by operating activities
114
Investing activities Additions to intangible assets
(5)
(7)
Additions to property, plant and equipment
(81)
(94)
Decommissioning costs
(1)
-
Cash used in investing activities
(87)
(101)
Financing activities Debt retirement funds installments Debt retirement funds redemptions
(6)
(5)
10 80
-
Increase in short-term debt
29
Dividends paid
(21)
(20)
Proceeds from long-term debt Repayment of long-term debt
6 6
38
- -
(83) (23)
Interest paid
(26) (22)
Cash used in financing activities
(5)
Decrease in cash and cash equivalents
(11)
(9)
Cash and cash equivalents, beginning of period
11
10
Cash and cash equivalents, end of period
$
-
$
1
16
2016-17 SECOND QUARTER REPORT
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