Released on July 13, 2016
SaskWater tabled its 2015-16 annual report with the Saskatchewan Legislative Assembly Clerks office today. Titled, Your Partner in Water: Building Infrastructure, the annual report provides an overview of the year’s activities and delivers the Crown corporation’s financial statements. SaskWater reported a net income of $7.4 million for the 15 month period January 1, 2015, to March 31, 2016.
“SaskWater has maintained a focus on successfully growing its business and that is reflected in this report,” Minister responsible for SaskWater Herb Cox said. “They have achieved a sustainable earnings level that has allowed the corporation to pay a dividend of $1.9 million for the first time since becoming a commercial Crown corporation.”
Highlights of SaskWater’s activities in 2015-16 included:
- Paying a dividend of $1.9 million to the province, the first since becoming a commercial Crown corporation.
- Delivering 55.7 billion litres of potable and non-potable water.
- Replacing five bridges on the Saskatoon Southeast Water Supply system canal.
- Substantial completion of the three year build of the Zelma East pipeline project to provide non-potable water for BHP Billiton’s Jansen mine. The pipeline is 92 km.
- Providing water services to 63 communities, nine rural municipalities, 85 rural pipeline groups, 16 industrial and approximately 236 commercial and domestic end-user customers.
SaskWater's annual report is available online at www.saskwater.com.
SaskWater is Saskatchewan’s commercial Crown water utility, helping communities, First Nations and industry gain access to reliable and professional water and wastewater services.
-30-
For more information, contact:
Courtney Mihalicz
SaskWater
Moose Jaw
Phone: 306-694-3940
Email: courtney.mihalica@saskwater.com
Cell: 306-630-8441
Gayle Zimmerman
SaskWater
Moose Jaw
Phone: 306-694-3729
Email: gayle.zimmerman@saskwater.com
Cell: 306-631-4930