San Diego Gas & Electric 8-K Results of Operations and Financial Condition

Exhibit 99.2

SEMPRA ENERGY
Table F (Unaudited)
Statement of Operations Data by Business Unit
Three Months Ended June 30, 2011
(Dollars in millions)	SDG&E	SoCalGas	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 697	$ 876	$ 268	$ 445		$ 159	$ (23)	$ 2,422
Cost of Sales and Other Expenses	(477)	(690)	(184)	(335)		(106)	1	(1,791)
Litigation Expense	(2)	(1)	(1)	-		(2)	-	(6)
Depreciation & Amortization	(105)	(82)	(18)	(26)		(12)	(5)	(248)
Equity (Losses) Earnings Recorded Before Income Tax	-	-	(1)	10		-	(2)	7
Other Income, Net	13	3	1	277	(1)	1	13	308
Income (Loss) Before Interest & Tax(2)	126	106	65	371		40	(16)	692
Net Interest Expense(3)	(32)	(19)	(3)	(12)		(10)	(33)	(109)
Income Tax (Expense) Benefit	(42)	(28)	(12)	(22)		(12)	24	(92)
Equity Earnings Recorded Net of Income Tax	-	-	-	8		-	-	8
Losses (Earnings) Attributable to Noncontrolling Interests	19	-	-	(8)		-	1	12
Earnings (Losses)	$ 71	$ 59	$ 50	$ 337		$ 18	$ (24)	$ 511
Three Months Ended June 30, 2010
(Dollars in millions)	SDG&E	SoCalGas	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 692	$ 834	$ 268	$ 75		$ 166	$ (27)	$ 2,008
Cost of Sales and Other Expenses	(458)	(638)	(197)	(54)		(123)	12	(1,458)
Litigation Adjustment (Expense)	7	(1)	(2)	(1)		(1)	(1)	1
Depreciation & Amortization	(95)	(77)	(16)	(10)		(13)	(4)	(215)
Equity (Losses) Earnings Recorded Before Income Tax	-	-	(1)	12		-	(19)	(8)
Other (Expense) Income, Net	(16)	2	6	(1)		-	17	8
Income (Loss) Before Interest & Tax(2)	130	120	58	21		29	(22)	336
Net Interest Expense(3)	(32)	(17)	-	(2)		(12)	(39)	(102)
Income Tax (Expense) Benefit	(44)	(34)	(6)	(7)		(4)	36	(59)
Equity Earnings Recorded Net of Income Tax	-	-	-	27		-	-	27
Losses (Earnings) Attributable to Noncontrolling Interests	21	-	-	-		-	(1)	20
Earnings (Losses)	$ 75	$ 69	$ 52	$ 39		$ 13	$ (26)	$ 222
(1) Includes gain of $277 million related to remeasurement of equity method investments.
(2) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(3)Net Interest Expense includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.

SEMPRA ENERGY
Table F (Unaudited)
Statement of Operations Data by Business Unit
Six Months Ended June 30, 2011
(Dollars in millions)	SDG&E	SoCalGas	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 1,537	$ 1,932	$ 537	$ 554		$ 345	$ (49)	$ 4,856
Cost of Sales and Other Expenses	(1,048)	(1,546)	(371)	(404)		(225)	10	(3,584)
Litigation Expense	(5)	(1)	(2)	-		(4)	(1)	(13)
Depreciation & Amortization	(208)	(163)	(37)	(39)		(25)	(7)	(479)
Equity Earnings (Losses) Recorded Before Income Tax	-	-	-	19		-	(11)	8
Other Income, Net	29	6	1	277	(1)	3	35	351
Income (Loss) Before Interest & Tax(2)	305	228	128	407		94	(23)	1,139
Net Interest Expense(3)	(69)	(36)	-	(18)		(20)	(73)	(216)
Income Tax (Expense) Benefit	(91)	(65)	(34)	(29)		(23)	41	(201)
Equity Earnings Recorded Net of Income Tax	-	-	-	39		-	-	39
Losses (Earnings) Attributable to Noncontrolling Interests	15	-	-	(8)		-	1	8
Earnings (Losses)	$ 160	$ 127	$ 94	$ 391		$ 51	$ (54)	$ 769
Six Months Ended June 30, 2010
(Dollars in millions)	SDG&E	SoCalGas	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 1,434	$ 2,016	$ 586	$ 185		$ 371	$ (50)	$ 4,542
Cost of Sales and Other Expenses	(963)	(1,611)	(450)	(132)		(259)	22	(3,393)
Litigation Expense	-	(1)	(141)	(1)		(2)	(22)	(167)
Depreciation & Amortization	(187)	(152)	(31)	(21)		(25)	(9)	(425)
Equity (Losses) Earnings Recorded Before Income Tax	-	-	(1)	22		-	(14)	7
Other (Expense) Income, Net	(16)	6	8	(2)		-	20	16
Income (Loss) Before Interest & Tax(2)	268	258	(29)	51		85	(53)	580
Net Interest Expense(3)	(64)	(34)	(2)	(7)		(24)	(78)	(209)
Income Tax (Expense) Benefit	(75)	(90)	32	(13)		(16)	45	(117)
Equity Earnings Recorded Net of Income Tax	-	-	-	46		-	-	46
Losses (Earnings) Attributable to Noncontrolling Interests	29	-	-	-		-	(1)	28
Earnings (Losses)	$ 158	$ 134	$ 1	$ 77		$ 45	$ (87)	$ 328
(1) Includes gain of $277 million related to remeasurement of equity method investments.
(2) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(3)Net Interest Expense includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.