36 Million dollars -- that's the difference in net income for Manitoba Hydro.

Hydro has reported 52 million dollars for this year's first quarter as opposed to 88 million dollars a year ago.

Spokesperson Glenn Schneider notes this year is normal. He adds however it's still a positive financial result. Last year Manitoba Hydro set a record profit of 400 million dollars.

He attributes it to a good water season and increased export prices.