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Exhibit 99
VIRGINIA ELECTRIC AND POWER COMPANY
CONDENSED CONSOLIDATED EARNINGS STATEMENT
(Unaudited)
Twelve Months Ended March 31, 2006 | |
(millions) | |
Operating Revenue | $5,687 |
Operating Expenses | 4,715 |
Income from operations | 972 |
Other income | 79 |
Interest and related charges | 329 |
Income before income taxes | 722 |
Income taxes | 255 |
Income from continuing operations | 467 |
Loss from discontinued operations (net of income tax benefit of $246) | (378) |
Cumulative effect of change in accounting principle (net of income taxes of $3) | (4) |
Net income | 85 |
Preferred Dividends | 16 |
Balance available for common stock | $ 69 |