Exhibit 99
Form 10-Q
March 31, 2000
NATIONAL FUEL GAS
CONSOLIDATED STATEMENT OF INCOME
(UNAUDITED)
Twelve Months Ended
March 31,
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2000 1999
(Thousands of Dollars, Except Per
Common Share Amounts)
INCOME
Operating Revenues $1,334,345 $1,238,157
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Operating Expenses
Purchased Gas 440,130 401,429
Fuel Used in Heat and Electric Generation 54,674 57,108
Operation 309,466 288,352
Maintenance 23,625 24,532
Property, Franchise and Other Taxes 84,860 90,614
Depreciation, Depletion and Amortization 133,717 124,537
Income Taxes - Net 74,765 63,396
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1,121,237 1,049,968
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Operating Income 213,108 188,189
Other Income 11,293 15,425
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Income Before Interest Charges and
Minority Interest in Foreign Subsidiary 224,401 203,614
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Interest Charges
Interest on Long-Term Debt 64,847 63,723
Other Interest 25,958 22,822
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90,805 86,545
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Minority Interest in Foreign Subsidiary (1,404) (2,273)
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Net Income Available for Common Stock $ 132,192 $ 114,796
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Basic Earnings (Loss) Per Common Share
Net Income Available for Common Stock $ 3.40 $ 2.98
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Diluted Earnings (Loss) Per Common Share
Net Income Available for Common Stock $ 3.37 $ 2.96
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Weighted Average Common Shares Outstanding
Used in Basic Calculation 38,879,284 38,484,952
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Used in Diluted Calculation 39,267,569 38,822,817
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