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Annual Report 2022–23

Thumbnail of the 2022–2023 Annual Report.

Energy for life: 2022–2023 Annual Report

The 72nd Annual Report of the Manitoba Hydro-Electric Board, for the year ending March 31, 2023, is available to view, print, or save.

Corporate highlights

Length of
distribution lines1
75,909 km
Total revenue
(electric and gas)
$2.6 billion
Natural gas customers
Service area
650,000 km2
Length of
natural gas lines
10,771 km
Length of
transmission lines2
14,329 km
Electricity customers
Net income
$655 million
Communities with
natural gas service
Total electricity capability
6,054 megawatts
Total assets
$31.41 billion
Total debt
$24.61 billion
Full-time equivalent employees3
Export revenue
$1.1 billion

1 Includes all energized distribution lines rated < 100 kV.
2 Includes all energized transmission lines (AC or DC) rated ≥ 100 kV.
3 See page 121 for definition of full-time employees.