Exhibit 99.4
CINERGY CORP.
RECONCILIATION OF GAAP EPS TO ADJUSTED EPS — 2005
(unaudited)
|
| Q1 |
| Q2 |
| Total |
| |||
Regulated Businesses |
|
|
|
|
|
|
| |||
EPS As Reported |
| $ | 0.39 |
| $ | 0.24 |
| $ | 0.63 |
|
Special Items: |
|
|
|
|
|
|
| |||
Merger and Severance Costs |
| — |
| 0.03 |
| 0.03 |
| |||
EPS Adjusted |
| $ | 0.39 |
| $ | 0.27 |
| $ | 0.66 |
|
|
|
|
|
|
|
|
| |||
Commercial Businesses |
|
|
|
|
|
|
| |||
EPS As Reported |
| $ | 0.23 |
| $ | 0.02 |
| $ | 0.25 |
|
Special Items: |
|
|
|
|
|
|
| |||
Merger and Severance Costs |
| — |
| 0.03 |
| 0.03 |
| |||
Mark-to-Market Effect on Asset Hedges |
| 0.12 |
| 0.04 |
| 0.16 |
| |||
EPS Adjusted |
| $ | 0.35 |
| $ | 0.09 |
| $ | 0.44 |
|
|
|
|
|
|
|
|
| |||
Power Technology & Infrastructure Services |
|
|
|
|
|
|
| |||
EPS As Reported |
| $ | (0.02 | ) | $ | (0.01 | ) | $ | (0.03 | ) |
Special Items: |
|
|
|
|
|
|
| |||
Merger and Severance Costs |
| 0.00 |
| 0.01 |
| $ | 0.01 |
| ||
EPS Adjusted |
| $ | (0.02 | ) | $ | — |
| $ | (0.02 | ) |
|
|
|
|
|
|
|
| |||
Cinergy Corp. |
|
|
|
|
|
|
| |||
EPS As Reported |
| $ | 0.60 |
| $ | 0.25 |
| $ | 0.85 |
|
Special Items |
| 0.12 |
| 0.11 |
| $ | 0.23 |
| ||
EPS Adjusted |
| $ | 0.72 |
| $ | 0.36 |
| $ | 1.08 |
|