Financial and operating highlights Net income and dividends chart 2007 revenue chart 2007 expense chart 2007 gross electrical energy supplied chart

The financial section of the SaskPower Annual Report 2007 contains the report of management, auditors' report, consolidated financial statements/notes, five-year financial summary, five-year revenue statistics and five-year generating and operating statistics.

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FINANCIAL INDICATORS

(in millions)
2007
2006 Change
Revenue $ 1,469 $ 1,353 $ 116
Net income 138 93 45
Dividends 97 61 36
Capital expenditures 280 285 (5)
Gross long-term debt 2,565 2,515 50
     
Return on equity1 9.3% 6.4% 2.9%
Per cent debt ratio2 59.7% 61.0% (1.3)%
  1. Return on equity = (net income)/(average equity), where average equity = [(equity advances + retained earnings at year-end + equity advances + retained earnings at previous year-end) / 2].
  2. Per cent debt ratio = (debt)/(debt + equity), where debt = (long-term debt + current portion of long-term debt - debt retirement funds - cash and cash equivalents).

SASKPOWER SUBSIDIARIES' NET INCOME

(in millions)
2007
2006 Change
SaskPower International $ 19 $ 16 $ 3
NorthPoint Energy Solutions 13 18 (5)

OPERATING STATISTICS

(GWh)
2007
2006 Change
Saskatchewan electricity sales 17,923 17,400 523
Exports 851 480 371
Total electricity sales 18,774 17,880 894
     
Gross electricity supplied 20,571 19,714 857
Line losses (1,797) (1,834) 37
Net electricity supplied 18,774 17,880 894
     
Electricity trading purchases 1,909 1,672 237
Line losses (12) (23) 11
Electricity trading sales 1,897 1,649 248

One GWh is equivalent to the energy consumed by 125 typical houses in one year.