Schedule 8
CINERGY CORP. | ||||||||
BUSINESS SEGMENT EARNINGS DRIVER ANALYSIS | ||||||||
For the Year to Date September 30, 2005 | ||||||||
(unaudited) | ||||||||
|
|
|
|
|
| |||
Regulated Businesses |
|
|
|
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2004 (Adjusted*) |
|
|
| $ | 0.98 |
| ||
|
|
|
|
|
| |||
Weather |
| 0.14 |
|
|
| |||
Electric and gas sales volumes |
| 0.03 |
|
|
| |||
Price increases |
| 0.23 |
|
|
| |||
Other margins |
| 0.02 |
|
|
| |||
Regulatory deferrals |
| 0.06 |
|
|
| |||
Regulatory transition charge amortization |
| (0.09 | ) |
|
| |||
Operation and maintenance |
| (0.05 | ) |
|
| |||
Depreciation |
| (0.10 | ) |
|
| |||
Financing and dilution |
| (0.13 | ) |
|
| |||
Other - net |
| 0.05 |
|
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2005 (Adjusted*) |
|
|
| $ | 1.14 |
| ||
|
|
|
|
|
| |||
Commercial Businesses |
|
|
|
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2004 (Adjusted*) |
|
|
| $ | 0.77 |
| ||
|
|
|
|
|
| |||
Weather |
| 0.03 |
|
|
| |||
Electric sales volumes |
| 0.02 |
|
|
| |||
Price increases |
| 0.10 |
|
|
| |||
Fuel costs |
| (0.09 | ) |
|
| |||
Optimization activities |
| 0.28 |
|
|
| |||
Operation and maintenance |
| (0.03 | ) |
|
| |||
Power marketing, trading and origination |
| 0.02 |
|
|
| |||
Gas marketing, trading and origination |
| (0.10 | ) |
|
| |||
Financing and dilution |
| (0.02 | ) |
|
| |||
Other - net |
| (0.05 | ) |
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2005 (Adjusted*) |
|
|
| $ | 0.93 |
| ||
|
|
|
|
|
| |||
Power Technology & Infrastructure Services |
|
|
|
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2004 (Adjusted*) |
|
|
| ($0.04 | ) | |||
|
|
|
|
|
| |||
Results of investments |
| 0.02 |
|
|
| |||
|
|
|
|
|
| |||
Earnings Per Share - diluted - 2005 (Adjusted*) |
|
|
| ($0.02 | ) | |||
|
|
|
|
|
| |||
|
* See Schedules 3 and 4 for a reconciliation to the most comparable GAAP measure. |