SaskEnergy Second Quarter Report - September 30, 2016

FINANCIAL AND OPERATING HIGHLIGHTS

SaskEnergy Incorporated First Quarter Report

March 31, 2011

Three months ended September 30

Six months ended September 30

2016

2015

2016

2015

FINANCIAL HIGHLIGHTS ($ millions)

Total revenue

146

141

264

286

-

Total expenses

140

161

204

308

Consolidated net income (loss)

6

(20)

60

(22)

Market value adjustments

13

(7)

70

(3)

Income before unrealized market value adjustments

(7)

(13)

(10)

(19)

Dividends

-

10

-

20

Cash provided by operating activities

27

34

81

114

Capital expenditures

55

58

84

101

Total assets

2,518

2,375

Total net debt

1,201

1,146

Debt ratio

60.0%

62.2%

OPERATING HIGHLIGHTS

Distribution Volumes distributed (petajoules) Residential/Farm

2 3

3 2

6 7

7 6

Commercial

Industrial

30 35

29 34

60 73

57 70

Total

Weather (compared to last 30 years)

7% warmer

2% warmer

14% warmer

4% warmer

Transmission Volumes transported (petajoules) Domestic

60 14 74

56

124

114

Export

9

15

13

Total

65

139

127

2

2016-17 SECOND QUARTER REPORT

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