Southern California Gas Company PFD 6% (SOCGM) 8-K Sempra Energy Reports

SEMPRA ENERGY
Table F (Unaudited)
Statement of Operations Data by Business Unit
Three Months Ended September 30, 2010
(Dollars in millions)	SDG&E	SoCalGas	Commodities	Generation	Pipelines & Storage	LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 811	$ 776	$ 24	$ 269	$ 77	$ 183	$ (24)	$ 2,116
Cost of Sales and Other Expenses	(505)	(564)	(28)	(180)	(55)	(150)	13	(1,469)
Litigation Expense	(12)	-	-	(2)	-	(2)	(1)	(17)
Depreciation & Amortization	(96)	(78)	-	(16)	(11)	(13)	(4)	(218)
Equity Earnings (Losses) Recorded Before Income Tax	-	-	(281)	(1)	10	-	(1)	(273)
Other Income (Expense), Net	(2)	2	-	2	55	2	7	66
Income (Loss) Before Interest & Tax (1)	196	136	(285)	72	76	20	(10)	205
Net Interest (Expense) Income (2)	(39)	(16)	4	2	(6)	(12)	(41)	(108)
Income Tax (Expense) Benefit	(56)	(42)	147	(18)	(23)	(3)	27	32
Equity Losses Recorded Net of Income Tax	-	-	-	-	(4)	-	-	(4)
Losses Attributable to Noncontrolling Interests	5	-	-	-	-	-	1	6
Earnings (Losses)	$ 106	$ 78	$ (134)	$ 56	$ 43	$ 5	$ (23)	$ 131
Three Months Ended September 30, 2009
(Dollars in millions)	SDG&E	SoCalGas	Commodities	Generation	Pipelines & Storage	LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 773	$ 662	$ 24	$ 250	$ 98	$ 68	$ (22)	$ 1,853
Cost of Sales and Other Expenses	(518)	(457)	(23)	(167)	(73)	(60)	(2)	(1,300)
Litigation Expense	(2)	-	-	-	(1)	-	-	(3)
Depreciation & Amortization	(81)	(73)	-	(14)	(13)	(10)	(5)	(196)
Equity Earnings (Losses) Recorded Before Income Tax	-	-	105	4	18	-	(4)	123
Other Income (Expense), Net	1	(1)	-	(1)	-	-	25	24
Income (Loss) Before Interest & Tax (1)	173	131	106	72	29	(2)	(8)	501
Net Interest (Expense) Income (2)	(30)	(15)	(1)	1	(4)	(8)	(36)	(93)
Income Tax (Expense) Benefit	(53)	(42)	(30)	(30)	9	10	8	(128)
Equity Earnings Recorded Net of Income Tax	-	-	-	-	20	-	-	20
(Earnings) Losses Attributable to Noncontrolling Interests	18	-	-	-	-	-	(1)	17
Earnings (Losses)	$ 108	$ 74	$ 75	$ 43	$ 54	$ -	$ (37)	$ 317
(1) 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.
(2) 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
Nine Months Ended September 30, 2010
(Dollars in millions)	SDG&E	SoCalGas	Commodities	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 2,245	$ 2,792	$ 73	$ 806	$ 262		$ 554	$ (74)	$ 6,658
Cost of Sales and Other Expenses	(1,468)	(2,175)	(73)	(591)	(187)		(409)	41	(4,862)
Litigation Expense	(12)	(1)	(20)	(143)	(1)		(4)	(3)	(184)
Depreciation & Amortization	(283)	(230)	-	(47)	(32)		(38)	(13)	(643)
Equity Earnings (Losses) Recorded Before Income Tax	-	-	(290)	(2)	32		-	(6)	(266)
Other Income (Expense), Net	(18)	8	1	9	53		2	27	82
Income (Loss) Before Interest & Tax (1)	464	394	(309)	32	127		105	(28)	785
Net Interest (Expense) Income (2)	(103)	(50)	3	-	(13)		(36)	(118)	(317)
Income Tax (Expense) Benefit	(131)	(132)	167	19	(36)		(19)	47	(85)
Equity Earnings Recorded Net of Income Tax	-	-	-	-	42		-	-	42
Losses Attributable to Noncontrolling Interests	34	-	-	-	-		-	-	34
Earnings (Losses)	$ 264	$ 212	$ (139)	$ 51	$ 120		$ 50	$ (99)	$ 459
Nine Months Ended September 30, 2009
(Dollars in millions)	SDG&E	SoCalGas	Commodities	Generation	Pipelines & Storage		LNG	Consolidating Adjustments, Parent & Other	Total
Revenues	$ 2,136	$ 2,276	$ 50	$ 792	$ 328		$ 125	$ (57)	$ 5,650
Cost of Sales and Other Expenses	(1,443)	(1,696)	(49)	(551)	(376)	(3)	(141)	(9)	(4,265)
Litigation Adjustment (Expense)	6	(2)	-	-	(2)		(1)	(1)	-
Depreciation & Amortization	(239)	(220)	-	(43)	(32)		(23)	(11)	(568)
Equity Earnings (Losses) Recorded Before Income Tax	-	-	384	(2)	39		-	(10)	411
Other Income, Net	45	4	-	-	-		1	47	97
Income (Loss) Before Interest & Tax (1)	505	362	385	196	(43)		(39)	(41)	1,325
Net Interest Expense (2)	(78)	(49)	(7)	(1)	(10)		(12)	(91)	(248)
Income Tax (Expense) Benefit	(141)	(115)	(104)	(76)	26		32	51	(327)
Equity Earnings Recorded Net of Income Tax	-	-	-	-	59		-	-	59
(Earnings) Losses Attributable to Noncontrolling Interests	(9)	-	-	-	32		-	(1)	22
Earnings (Losses)	$ 277	$ 198	$ 274	$ 119	$ 64		$ (19)	$ (82)	$ 831
(1) 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.
(2) Net Interest Expense includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.
(3) Includes $132 million write-off of long-lived assets.