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EX-99 - EXHIBIT 99.1 - SAN DIEGO GAS & ELECTRIC COex991.htm
8-K - FORM 8-K - SAN DIEGO GAS & ELECTRIC COsdge11052013.htm
Exhibit 99.2

Exhibit 99.2

         SEMPRA ENERGY

           Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$     1,063

 

$          807

 

$           364

 

$          188

 

$            25

 

$          212

 

$            (108)

 

 

$  2,551

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(674)

 

(552)

 

(286)

 

(117)

 

(10)

 

(211)

 

91

 

 

(1,759)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (Loss) on Sale of Assets

 

-

 

-

 

-

 

-

 

40

 

-

 

(1)

 

 

39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(126)

 

(100)

 

(14)

 

(16)

 

(5)

 

(20)

 

(5)

 

 

(286)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(10)

 

13

 

-

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

10

 

2

 

3

 

1

 

4

 

3

 

(7)

 

 

16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

273

 

157

 

67

 

56

 

44

 

(3)

 

(30)

 

 

564

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (2)

 

(55)

 

(17)

 

(5)

 

-

 

2

 

(8)

 

(54)

 

 

(137)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(84)

 

(38)

 

(16)

 

(16)

 

(9)

 

4

 

42

 

 

(117)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

-

 

-

 

-

 

8

 

-

 

-

 

-

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

(5)

 

-

 

(7)

 

(9)

 

-

 

-

 

(1)

 

 

(22)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$        129

 

$          102

 

$             39

 

$            39

 

$            37

 

$            (7)

 

$             (43)

 

 

$     296

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$     1,092

 

$          728

 

$           356

 

$          181

 

$            27

 

$          294

 

$            (171)

 

 

$  2,507

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(694)

 

(518)

 

(269)

 

(106)

 

(11)

 

(288)

 

159

 

 

(1,727)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(128)

 

(91)

 

(15)

 

(15)

 

(4)

 

(24)

 

(3)

 

 

(280)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Losses Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(6)

 

(87)

(3)

(1)

 

 

(94)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

5

 

6

 

5

 

6

 

(1)

 

3

 

20

 

 

44

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

275

 

125

 

77

 

66

 

5

 

(102)

 

4

 

 

450

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(51)

 

(17)

 

(3)

 

(3)

 

(4)

 

(11)

 

(34)

 

 

(123)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(38)

 

(37)

 

(27)

 

(31)

 

12

 

45

 

27

 

 

(49)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

-

 

-

 

-

 

10

 

-

 

-

 

-

 

 

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

(12)

 

-

 

(7)

 

-

 

-

 

-

 

(1)

 

 

(20)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$        174

 

$            71

 

$             40

 

$            42

 

$            13

 

$           (68)

 

$               (4)

 

 

$     268

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Management believes "Income (Loss) Before Interest & Tax" is a useful measurement of our segments' 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, Preferred Dividends of Subsidiaries and Call Premium on Preferred Stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Includes impairment loss of $100 million related to our investment in Rockies Express Pipeline LLC.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

         SEMPRA ENERGY

           Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$       3,066

 

$    2,694

 

$       1,119

 

$          519

 

$            76

 

$        683

 

$              (305)

 

 

$     7,852

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(1,943)

 

(1,997)

 

(877)

 

(342)

 

(37)

 

(623)

 

262

 

 

(5,557)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss From Plant Closure

 

(200)

 

-

 

-

 

-

 

-

 

-

 

-

 

 

(200)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain (Loss) on Sale of Assets

 

-

 

-

 

-

 

-

 

40

 

74

 

(1)

 

 

113

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(367)

 

(280)

 

(44)

 

(47)

 

(20)

 

(60)

 

(10)

 

 

(828)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(12)

 

33

 

-

 

 

21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

30

 

9

 

6

 

5

 

9

 

7

 

13

 

 

79

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

586

 

426

 

204

 

135

 

56

 

114

 

(41)

 

 

1,480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(153)

 

(53)

 

(9)

 

(4)

 

(8)

 

(23)

 

(156)

 

 

(406)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(147)

 

(107)

 

(50)

 

(44)

 

8

 

(35)

 

48

 

 

(327)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Net of Income Tax

 

-

 

-

 

(14)

 

27

 

-

 

-

 

-

 

 

13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

(1)

 

-

 

(21)

 

(18)

 

-

 

(1)

 

-

 

 

(41)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$          285

 

$       266

 

$          110

 

$            96

 

$            56

 

$          55

 

$              (149)

 

 

$       719

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$       2,706

 

$    2,328

 

$       1,061

 

$          435

 

$            49

 

$        761

 

$              (361)

 

 

$     6,979

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(1,730)

 

(1,727)

 

(820)

 

(247)

 

(21)

 

(729)

 

308

 

 

(4,966)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(359)

 

(268)

 

(42)

 

(46)

 

(10)

 

(69)

 

(9)

 

 

(803)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Losses Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(7)

 

(366)

(3)

(2)

 

 

(375)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

59

 

14

 

7

 

17

 

(1)

 

3

 

38

 

 

137

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

676

 

347

 

206

 

159

 

10

 

(400)

 

(26)

 

 

972

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(128)

 

(52)

 

(11)

 

(5)

 

(10)

 

(31)

 

(106)

 

 

(343)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(151)

 

(105)

 

(57)

 

(61)

 

47

 

171

 

108

 

 

(48)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

-

 

-

 

-

 

29

 

-

 

-

 

-

 

 

29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

(23)

 

-

 

(20)

 

-

 

-

 

-

 

(1)

 

 

(44)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$          374

 

$       190

 

$          118

 

$          122

 

$            47

 

$      (260)

 

$               (25)

 

 

$       566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Management believes "Income (Loss) Before Interest & Tax" is a useful measurement of our segments' 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, Preferred Dividends of Subsidiaries and Call Premium on Preferred Stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Includes impairment loss of $400 million related to our investment in Rockies Express Pipeline LLC.