EXHIBIT 99.4
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | | | | | |
| | Year Ended 12/31/09 | | | Quarter ended 12/31/09 | | | Quarter ended 09/30/09 | | | Quarter ended 06/30/09 | | | Quarter Ended 03/31/09 |
| | | | | |
Dominion Virginia Power | | | | | | | | | | | | | | |
Electric Distribution | | | | | | | | | | | | | | |
Operating revenue | | $1,210 | | | $284 | | | $314 | | | $294 | | | $318 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 398 | | | 107 | | | 97 | | | 94 | | | 99 |
Depreciation, depletion and amortization | | 278 | | | 71 | | | 70 | | | 69 | | | 68 |
Other | | 43 | | | 11 | | | 10 | | | 9 | | | 12 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $491 | | | $95 | | | $137 | | | $121 | | | $138 |
| | | | | |
Electric Transmission | | | | | | | | | | | | | | |
Operating revenue | | $302 | | | $86 | | | $74 | | | $70 | | | $72 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 119 | | | 37 | | | 30 | | | 25 | | | 27 |
Depreciation, depletion and amortization | | 42 | | | 12 | | | 11 | | | 11 | | | 9 |
Other | | (21 | ) | | (6 | ) | | (5 | ) | | (5 | ) | | (5) |
| | |
Earnings including noncontrolling interests before interest and taxes | | $162 | | | $43 | | | $38 | | | $40 | | | $41 |
| | | | | |
Dominion Retail | | | | | | | | | | | | | | |
Operating revenue | | $1,770 | | | $493 | | | $298 | | | $316 | | | $662 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 1,526 | | | 414 | | | 249 | | | 275 | | | 589 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 85 | | | 24 | | | 20 | | | 21 | | | 20 |
Depreciation, depletion and amortization | | 21 | | | 3 | | | 7 | | | 6 | | | 5 |
Other | | 8 | | | 2 | | | 2 | | | 2 | | | 3 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $130 | | | $51 | | | $20 | | | $14 | | | $46 |
| | | | | |
Segment Eliminations | | | | | | | | | | | | | | |
Operating revenue | | $0 | | | $0 | | | $0 | | | $0 | | | $0 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Depreciation, depletion and amortization | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $0 | | | $0 | | | $0 | | | $0 | | | $0 |
|
|
Dominion Virginia Power Total | | | | | | | | | | | | | | |
Operating revenue | | $3,281 | | | $863 | | | $686 | | | $680 | | | $1,052 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 1,527 | | | 414 | | | 249 | | | 275 | | | 589 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 602 | | | 168 | | | 148 | | | 140 | | | 146 |
Depreciation, depletion and amortization | | 341 | | | 85 | | | 88 | | | 86 | | | 82 |
Other | | 27 | | | 7 | | | 6 | | | 4 | | | 10 |
| | |
Earnings including noncontrolling interests before interest and taxes | | 784 | | | 189 | | | 195 | | | 175 | | | 225 |
Interest and related charges | | 159 | | | 39 | | | 42 | | | 39 | | | 39 |
Income taxes | | 233 | | | 56 | | | 56 | | | 52 | | | 69 |
Noncontrolling interests | | 8 | | | 2 | | | 2 | | | 2 | | | 2 |
| | |
Operating earnings contribution | | $384 | | | $92 | | | $95 | | | $82 | | | $115 |
Average shares outstanding, diluted | | 593.7 | | | 598.1 | | | 596.3 | | | 594.0 | | | 585.7 |
| | |
Operating earnings per share contribution | | $0.65 | | | $0.15 | | | $0.16 | | | $0.14 | | | $0.20 |
| | |
Notes:
- Commodity purchases = Electric fuel and other energy-related purchases + Purchased gas
- Other = Other Taxes - Other Income
- Operating segment contribution to operating earnings equals contribution to GAAP earnings
- Figures may not add due to rounding
Page 1 of 6
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | | | | | |
| | Year Ended 12/31/09 | | | Quarter ended 12/31/09 | | | Quarter ended 09/30/09 | | | Quarter ended 06/30/09 | | | Quarter Ended 03/31/09 |
| | | | | |
Dominion Energy | | | | | | | | | | | | | | |
Gas Distribution (DEO & HGI)1 | | | | | | | | | | | | | | |
Operating revenue | | $1,208 | | | $294 | | | $133 | | | $187 | | | $594 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 513 | | | 107 | | | 33 | | | 60 | | | 313 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 369 | | | 100 | | | 61 | | | 72 | | | 135 |
Depreciation, depletion and amortization | | 61 | | | 16 | | | 15 | | | 15 | | | 15 |
Other | | 100 | | | 29 | | | 11 | | | 15 | | | 44 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $165 | | | $42 | | | $12 | | | $23 | | | $87 |
| | | | | |
Gas Transmission | | | | | | | | | | | | | | |
Operating revenue | | $1,036 | | | $277 | | | $246 | | | $257 | | | $256 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 67 | | | 16 | | | 17 | | | 20 | | | 13 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 279 | | | 84 | | | 67 | | | 63 | | | 65 |
Depreciation, depletion and amortization | | 120 | | | 31 | | | 30 | | | 30 | | | 29 |
Other | | 27 | | | 8 | | | 8 | | | 6 | | | 6 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $542 | | | $138 | | | $123 | | | $137 | | | $144 |
| | | | | |
Producer Services | | | | | | | | | | | | | | |
Operating revenue | | $1,633 | | | $409 | | | $362 | | | $364 | | | $499 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 1,529 | | | 373 | | | 348 | | | 358 | | | 450 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 22 | | | 7 | | | 5 | | | 4 | | | 6 |
Depreciation, depletion and amortization | | 1 | | | 0 | | | 0 | | | 0 | | | 0 |
Other | | (5 | ) | | (1 | ) | | (1 | ) | | (2 | ) | | (2) |
| | |
Earnings including noncontrolling interests before interest and taxes | | $86 | | | $30 | | | $9 | | | $2 | | | $44 |
| | | | | |
E&P | | | | | | | | | | | | | | |
Operating revenue | | $315 | | | $80 | | | $69 | | | $70 | | | $95 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 1 | | | 0 | | | 0 | | | 0 | | | 0 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 69 | | | 19 | | | 18 | | | 16 | | | 16 |
Depreciation, depletion and amortization | | 76 | | | 17 | | | 16 | | | 16 | | | 26 |
Other | | 12 | | | 4 | | | 0 | | | 3 | | | 4 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $158 | | | $40 | | | $34 | | | $34 | | | $49 |
[Dominion Energy continued on following page]
Page 2 of 6
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | |
| | Year Ended 12/31/09 | | Quarter ended 12/31/09 | | Quarter ended 09/30/09 | | Quarter ended 06/30/09 | | Quarter Ended 03/31/09 |
| | | | | |
Dominion Energy (cont’d) | | | | | | | | | | |
Segment Eliminations1 | | | | | | | | | | |
Operating revenue | | ($381) | | ($98) | | ($95) | | ($93) | | ($95) |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | (377) | | (97) | | (94) | | (92) | | (94) |
Purchased electric capacity | | 0 | | 0 | | 0 | | 0 | | 0 |
Other operations and maintenance | | (4) | | (1) | | (1) | | (1) | | (1) |
Depreciation, depletion and amortization | | 0 | | 0 | | 0 | | 0 | | 0 |
Other | | 0 | | 0 | | 0 | | 0 | | 0 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $0 | | $0 | | $0 | | $0 | | $0 |
| | | | | | | | | | |
|
Dominion Energy Total1 | | | | | | | | | | |
Operating revenue | | $3,810 | | $962 | | $714 | | $785 | | $1,349 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 1,733 | | 400 | | 305 | | 347 | | 682 |
Purchased electric capacity | | 0 | | 0 | | 0 | | 0 | | 0 |
Other operations and maintenance | | 735 | | 209 | | 150 | | 155 | | 220 |
Depreciation, depletion and amortization | | 258 | | 64 | | 62 | | 62 | | 71 |
Other | | 135 | | 39 | | 18 | | 24 | | 53 |
| | |
Earnings including noncontrolling interests before interest and taxes | | 949 | | 250 | | 179 | | 197 | | 323 |
Interest and related charges | | 113 | | 28 | | 28 | | 29 | | 28 |
Income taxes | | 319 | | 77 | | 57 | | 66 | | 118 |
Noncontrolling interests | | 0 | | 0 | | 0 | | 0 | | 0 |
| | |
Operating earnings contribution | | $517 | | $145 | | $94 | | $102 | | $177 |
Average shares outstanding, diluted | | 593.7 | | 598.1 | | 596.3 | | 594.0 | | 585.7 |
| | |
Operating earnings per share contribution | | $0.87 | | $0.25 | | $0.16 | | $0.17 | | $0.30 |
| | |
1) | Our 2009 income statements have been recast due to Dominion management’s decision to retain Hope Gas, Inc. as part of Dominion Energy. |
Notes:
- Commodity purchases = Electric fuel and other energy-related purchases + Purchased gas
- Other = Other Taxes - Other Income
- Operating segment contribution to operating earnings equals contribution to GAAP earnings
- Figures may not add due to rounding
Page 3 of 6
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | |
| | Year Ended 12/31/09 | | Quarter ended 12/31/09 | | Quarter ended 09/30/09 | | Quarter ended 06/30/09 | | Quarter Ended 03/31/09 |
| | | | | |
Dominion Generation | | | | | | | | | | |
Utility Generation | | | | | | | | | | |
Operating revenue | | $5,552 | | $1,196 | | $1,563 | | $1,321 | | $1,473 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 2,835 | | 624 | | 739 | | 684 | | 789 |
Purchased electric capacity | | 409 | | 101 | | 95 | | 105 | | 108 |
Other operations and maintenance | | 1,021 | | 296 | | 219 | | 273 | | 233 |
Depreciation, depletion and amortization | | 320 | | 80 | | 81 | | 79 | | 80 |
Other | | 61 | | 6 | | 11 | | 22 | | 22 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $908 | | $89 | | $418 | | $158 | | $243 |
| | | | | |
Merchant Generation | | | | | | | | | | |
Operating revenue | | $3,199 | | $737 | | $813 | | $793 | | $855 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 792 | | 191 | | 186 | | 198 | | 216 |
Purchased electric capacity | | 2 | | 1 | | 1 | | 0 | | 0 |
Other operations and maintenance | | 915 | | 281 | | 216 | | 213 | | 205 |
Other | | 39 | | 16 | | 1 | | 9 | | 13 |
| | |
Earnings before interest, taxes and DD&A | | $1,451 | | $248 | | $409 | | $373 | | $421 |
Depreciation, depletion and amortization | | 172 | | 54 | | 38 | | 40 | | 40 |
| | |
Earnings including noncontrolling interests before interest and taxes | | $1,277 | | $194 | | $371 | | $333 | | $379 |
|
|
Dominion Generation Total | | | | | | | | | | |
Operating revenue | | $8,751 | | $1,933 | | $2,376 | | $2,114 | | $2,328 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 3,627 | | 815 | | 925 | | 882 | | 1,005 |
Purchased electric capacity | | 411 | | 102 | | 96 | | 105 | | 108 |
Other operations and maintenance | | 1,936 | | 577 | | 435 | | 486 | | 438 |
Depreciation, depletion and amortization | | 492 | | 134 | | 119 | | 119 | | 120 |
Other | | 100 | | 22 | | 12 | | 31 | | 35 |
| | |
Earnings including noncontrolling interests before interest and taxes | | 2,185 | | 283 | | 789 | | 491 | | 622 |
Interest and related charges | | 201 | | 48 | | 50 | | 54 | | 49 |
Income taxes | | 694 | | 49 | | 278 | | 165 | | 202 |
Noncontrolling interests | | 9 | | 3 | | 2 | | 2 | | 2 |
| | |
Operating earnings contribution | | $1,281 | | $183 | | $459 | | $270 | | $369 |
Average shares outstanding, diluted | | 593.7 | | 598.1 | | 596.3 | | 594.0 | | 585.7 |
| | |
Operating earnings per share contribution | | $2.16 | | $0.31 | | $0.77 | | $0.46 | | $0.63 |
| | |
Notes:
- Commodity purchases = Electric fuel and other energy-related purchases + Purchased gas
- Other = Other Taxes - Other Income
- Operating segment contribution to operating earnings equals contribution to GAAP earnings
- Figures may not add due to rounding
Page 4 of 6
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | | | | | |
| | Year Ended 12/31/09 | | | Quarter ended 12/31/09 | | | Quarter ended 09/30/09 | | | Quarter ended 06/30/09 | | | Quarter Ended 03/31/09 |
| | | | | | | | | | | | | | |
THIS SCHEDULE PRESENTS GAAP MEASURES OF REPORTED NET INCOME ATTRIBUTABLE TO DOMINION. |
PLEASE REFER TO THE FOLLOWING PAGE FOR THE OPERATING EARNINGS EQUIVALENT OF THIS SCHEDULE. |
| | | | | |
Corporate and Other1 | | | | | | | | | | | | | | |
Operating revenue | | 653 | | | (161 | ) | | 205 | | | 220 | | | 389 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 395 | | | 185 | | | 14 | | | 35 | | | 161 |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | 1,270 | | | 345 | | | 207 | | | 91 | | | 628 |
Depreciation, depletion and amortization | | 48 | | | 32 | | | 5 | | | 5 | | | 5 |
Other | | (70 | ) | | (32 | ) | | (83 | ) | | (49 | ) | | 95 |
| | |
Earnings including noncontrolling interests before interest and taxes | | (990 | ) | | (691 | ) | | 62 | | | 138 | | | (500) |
Interest and related charges | | 539 | | | 148 | | | 127 | | | 128 | | | 135 |
Income taxes | | (634 | ) | | (410 | ) | | (12 | ) | | 10 | | | (222) |
Noncontrolling interests | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
| | |
Corporate contribution to reported earnings | | ($895 | ) | | ($429 | ) | | ($53 | ) | | $0 | | | ($413) |
Average shares outstanding, diluted | | 593.7 | | | 598.1 | | | 596.3 | | | 594.0 | | | 585.7 |
| | |
Corporate reported earnings per share | | ($1.51 | ) | | ($0.72 | ) | | ($0.09 | ) | | ($0.01 | ) | | ($0.71) |
| | |
| | | | | |
Total Segment Eliminations and Adjustments1 | | | | | | | | | | | | | | |
Operating revenue | | (1,364 | ) | | (342 | ) | | (333 | ) | | (349 | ) | | (340) |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | (616 | ) | | (144 | ) | | (141 | ) | | (172 | ) | | (159) |
Purchased electric capacity | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other operations and maintenance | | (748 | ) | | (198 | ) | | (192 | ) | | (177 | ) | | (181) |
Depreciation, depletion and amortization | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Other | | 118 | | | 28 | | | 29 | | | 30 | | | 31 |
| | |
Earnings including noncontrolling interests before interest and taxes | | (118 | ) | | (28 | ) | | (29 | ) | | (30 | ) | | (31) |
Interest and related charges | | (118 | ) | | (28 | ) | | (29 | ) | | (30 | ) | | (31) |
Income taxes | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
Noncontrolling interests | | 0 | | | 0 | | | 0 | | | 0 | | | 0 |
| | |
Segment Eliminations contribution to reported earnings | | $0 | | | $0 | | | $0 | | | $0 | | | $0 |
Average shares outstanding, diluted | | 593.7 | | | 598.1 | | | 596.3 | | | 594.0 | | | 585.7 |
| | |
Segment Eliminations reported earnings per share | | $0.00 | | | $0.00 | | | $0.00 | | | $0.00 | | | $0.00 |
| | |
| | | | | |
Dominion Total | | | | | | | | | | | | | | |
Operating revenue | | 15,131 | | | 3,255 | | | 3,648 | | | 3,450 | | | 4,778 |
| | |
Expenses: | | | | | | | | | | | | | | |
Commodity purchases | | 6,666 | | | 1,670 | | | 1,351 | | | 1,366 | | | 2,279 |
Purchased electric capacity | | 411 | | | 102 | | | 96 | | | 105 | | | 108 |
Other operations and maintenance | | 3,795 | | | 1,100 | | | 748 | | | 697 | | | 1,250 |
Depreciation, depletion and amortization | | 1,139 | | | 315 | | | 274 | | | 271 | | | 279 |
Other taxes | | 491 | | | 118 | | | 107 | | | 109 | | | 157 |
| | |
Total operating expenses | | 12,502 | | | 3,305 | | | 2,576 | | | 2,548 | | | 4,073 |
| | |
Income from Operations | | 2,629 | | | (50 | ) | | 1,072 | | | 902 | | | 705 |
Other income (loss) | | 181 | | | 54 | | | 123 | | | 70 | | | (66) |
| | |
Income including noncontrolling interests before interest and taxes | | 2,810 | | | 4 | | | 1,195 | | | 972 | | | 639 |
Interest and related charges | | 894 | | | 236 | | | 217 | | | 221 | | | 220 |
Income taxes | | 612 | | | (228 | ) | | 380 | | | 293 | | | 167 |
Noncontrolling interests | | 17 | | | 5 | | | 4 | | | 4 | | | 4 |
| | |
Net Income attributable to Dominion | | 1,287 | | | (9 | ) | | 594 | | | 454 | | | 248 |
Average shares outstanding, diluted | | 593.7 | | | 598.1 | | | 596.3 | | | 594.0 | | | 585.7 |
| | |
Consolidated reported earnings per share | | $2.17 | | | ($0.01 | ) | | $1.00 | | | $0.76 | | | $0.42 |
| | |
1) | Our 2009 income statements have been recast due to Dominion management's decision to retain Hope Gas, Inc. as part of Dominion Energy. |
Notes:
- Commodity purchases = Electric fuel and other energy-related purchases + Purchased gas
- Other = Other Taxes - Other Income
- Figures may not add due to rounding
Page 5 of 6
Dominion
Unaudited Supplemental Summary of 2009 Operating Earnings
(millions, except per share amounts)
| | | | | | | | | | |
| | Year Ended 12/31/09 | | Quarter ended 12/31/09 | | Quarter ended 09/30/09 | | Quarter ended 06/30/09 | | Quarter Ended 03/31/09 |
| | | | | | | | | | |
THIS SCHEDULE PRESENTS MEASURES OF OPERATING EARNINGS THAT EXCLUDE CERTAIN ITEMS THAT ARE INCLUDED IN GAAP. PLEASE REFER TO THE PRECEDING PAGE FOR THE GAAP EQUIVALENT OF THIS SCHEDULE. |
| | | | | | | | | | |
Corporate and Other1 | | | | | | | | | | |
Operating revenue | | $683 | | $181 | | $171 | | $161 | | $170 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 4 | | 1 | | 1 | | 1 | | 1 |
Purchased electric capacity | | 0 | | 0 | | 0 | | 0 | | 0 |
Other operations and maintenance | | 681 | | 181 | | 172 | | 172 | | 156 |
Depreciation, depletion and amortization | | 29 | | 8 | | 7 | | 7 | | 7 |
Other | | (117) | | (34) | | (32) | | (32) | | (18) |
| | |
Earnings including noncontrolling interests before interest and taxes | | 86 | | 25 | | 23 | | 13 | | 24 |
Interest and related charges | | 533 | | 145 | | 126 | | 128 | | 134 |
Income taxes | | (207) | | (74) | | (46) | | (65) | | (23) |
Noncontrolling interests | | 0 | | 0 | | 0 | | 0 | | 0 |
| | |
Operating earnings contribution | | ($240) | | ($46) | | ($57) | | ($50) | | ($87) |
Average shares outstanding, diluted | | 593.7 | | 598.1 | | 596.3 | | 594.0 | | 585.7 |
| | |
Operating earnings per share contribution | | ($0.41) | | ($0.08) | | ($0.10) | | ($0.09) | | ($0.15) |
| | |
| | | | | |
Total Segment Eliminations and Adjustments1 | | | | | | | | | | |
Operating revenue | | ($1,283) | | ($323) | | ($317) | | ($334) | | ($309) |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | (537) | | (126) | | (126) | | (158) | | (128) |
Purchased electric capacity | | 0 | | 0 | | 0 | | 0 | | 0 |
Other operations and maintenance | | (746) | | (197) | | (191) | | (176) | | (181) |
Depreciation, depletion and amortization | | 0 | | 0 | | 0 | | 0 | | 0 |
Other | | 118 | | 28 | | 29 | | 30 | | 31 |
| | |
Earnings including noncontrolling interests before interest and taxes | | (118) | | (28) | | (29) | | (30) | | (31) |
Interest and related charges | | (118) | | (28) | | (29) | | (30) | | (31) |
Income taxes | | 0 | | 0 | | 0 | | 0 | | 0 |
Noncontrolling interests | | 0 | | 0 | | 0 | | 0 | | 0 |
| | |
Operating earnings contribution | | $0 | | $0 | | $0 | | $0 | | $0 |
Average shares outstanding, diluted | | 593.7 | | 598.1 | | 596.3 | | 594.0 | | 585.7 |
| | |
Operating earnings per share contribution | | $0.00 | | $0.00 | | $0.00 | | $0.00 | | $0.00 |
| | |
| | | | | |
Dominion Total1 | | | | | | | | | | |
Operating revenue | | $15,242 | | $3,617 | | $3,630 | | $3,406 | | $4,589 |
| | |
Expenses: | | | | | | | | | | |
Commodity purchases | | 6,354 | | 1,506 | | 1,353 | | 1,347 | | 2,149 |
Purchased electric capacity | | 411 | | 102 | | 96 | | 105 | | 107 |
Other operations and maintenance | | 3,208 | | 937 | | 714 | | 777 | | 780 |
Depreciation, depletion and amortization | | 1,120 | | 290 | | 276 | | 273 | | 280 |
Other | | 262 | | 63 | | 34 | | 58 | | 109 |
| | |
Earnings including noncontrolling interests before interest and taxes | | 3,887 | | 719 | | 1,157 | | 846 | | 1,164 |
Interest and related charges | | 889 | | 232 | | 217 | | 220 | | 219 |
Income taxes | | 1,039 | | 108 | | 346 | | 218 | | 367 |
Noncontrolling interests | | 17 | | 5 | | 4 | | 4 | | 4 |
| | |
Consolidated operating earnings | | $1,942 | | $374 | | $590 | | $404 | | $574 |
Average shares outstanding, diluted | | 593.7 | | 598.1 | | 596.3 | | 594.0 | | 585.7 |
| | |
Consolidated operating earnings per share | | $3.27 | | $0.63 | | $0.99 | | $0.68 | | $0.98 |
| | |
1) | Our 2009 income statements have been recast due to Dominion management's decision to retain Hope Gas, Inc. as part of Dominion Energy. |
Notes:
- Commodity purchases = Electric fuel and other energy-related purchases + Purchased gas
- Other = Other Taxes - Other Income
- Figures may not add due to rounding
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