Exhibit 99.5
CINERGY CORP.
BUSINESS SEGMENT EARNINGS DRIVER ANALYSIS
For the Quarter Ended September 30, 2003
(unaudited)
Energy Merchant |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | 0.34 |
|
|
|
|
| |
Employee retirement/severance and other charges |
| (0.04 | ) | |
Discontinued operations |
| 0.01 |
| |
Marketing, trading, and origination |
| (0.03 | ) | |
Generation and supply contracts |
| (0.04 | ) | |
Operating and administrative expenses |
| 0.03 |
| |
Other - net |
| 0.02 |
| |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | 0.29 |
|
|
|
|
| |
Regulated Operations |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | 0.44 |
|
|
|
|
| |
Weather |
| (0.11 | ) | |
Operating and administrative expenses |
| 0.07 |
| |
Financing and depreciation |
| (0.06 | ) | |
Other - net |
| 0.01 |
| |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | 0.35 |
|
|
|
|
| |
Power Technology & Infrastructure Services |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | (0.01 | ) |
|
|
|
| |
Operating results of investments |
| (0.01 | ) | |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | (0.02 | ) |
2002 has been reclassified to reflect Vestar’s move from PTIS to Energy Merchant
