Exhibit 99.7
CINERGY CORP.
BUSINESS SEGMENT EARNINGS DRIVER ANALYSIS
For the Year to Date September 30, 2003
(unaudited)
Energy Merchant |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | 0.58 |
|
|
|
|
| |
Cumulative effect of a change in accounting principles |
| 0.21 |
| |
Employee retirement/severance and other charges |
| 0.04 |
| |
Discontinued operations |
| 0.05 |
| |
Marketing, trading, and origination |
| 0.18 |
| |
Generation and supply contracts |
| 0.10 |
| |
Financing |
| (0.01 | ) | |
Other - net |
| 0.05 |
| |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | 1.20 |
|
|
|
|
| |
Regulated Operations |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | 1.05 |
|
|
|
|
| |
Employee retirement/severance and other charges |
| 0.14 |
| |
Weather |
| (0.08 | ) | |
Industrial sales - economy |
| (0.01 | ) | |
Other revenue |
| 0.02 |
| |
Operating and administrative expenses |
| (0.01 | ) | |
Financing and depreciation |
| (0.15 | ) | |
Other - net |
| (0.04 | ) | |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | 0.92 |
|
|
|
|
| |
Power Technology & Infrastructure Services |
|
|
| |
|
|
|
| |
Earnings Per Share - diluted - 2002 |
| $ | (0.08 | ) |
|
|
|
| |
Employee retirement/severance and other charges |
| 0.01 |
| |
Operating results of investments |
| (0.02 | ) | |
Mark-to-market valuation of technology investments |
| 0.01 |
| |
|
|
|
| |
Earnings Per Share - diluted - 2003 |
| $ | (0.08 | ) |
2002 has been reclassified to reflect Vestar’s move from PTIS to Energy Merchant
