SEMPRA ENERGY | ||||||
Table C | ||||||
BUSINESS UNIT EARNINGS (Unaudited) | ||||||
Three Months Ended | ||||||
March 31 | ||||||
In Millions of Dollars | 2002 | 2001 | ||||
Earnings before Interest & Taxes | ||||||
California Utilities | ||||||
Southern California Gas | $ 119 | $ 116 | ||||
San Diego Gas & Electric | 120 | 128 | ||||
Total California Utilities | 239 | 244 | ||||
Global Enterprises | ||||||
Trading | 68 | 143 | ||||
Resources | (5) | 5 | ||||
International | 6 | 7 | ||||
Solutions | 3 | (8) | ||||
Other | 2 | 40 | ||||
Total Global Enterprises | 74 | 187 | ||||
Financial | (12) | (12) | ||||
Parent & Other | (22) | (19) | ||||
Consolidated EBIT | $ 279 | $ 400 | ||||
Net Income | ||||||
California Utilities | ||||||
Southern California Gas | $ 60 | $ 51 | ||||
San Diego Gas & Electric | 53 | 52 | ||||
Total California Utilities | 113 | 103 | ||||
Global Enterprises | ||||||
Trading | 42 | 86 | ||||
Resources | (3) | 4 | ||||
International | 8 | 5 | ||||
Solutions | 1 | (6) | ||||
Other | (1) | 13 | (1) | |||
Total Global Enterprises | 47 | 102 | ||||
Financial | 7 | 8 | ||||
Parent & Other (2) | (21) | (35) | ||||
Consolidated Net Income | $ 146 | $ 178 | ||||
(1) Includes $20 after-tax gain on the sale of Energy America. | ||||||
(2) Parent interest expense is not allocated to the business units. |
Sempra (SRE) 8-KSempra Energy Reports First-quarter 2002 Earnings
Filed: 30 Apr 02, 12:00am