SAN DIEGO GAS & ELECTRIC CO - FORM 8-K - EX-99 - EXHIBIT 99.2 - February 26, 2016

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SEMPRA ENERGY
                                  
Table F (Unaudited)
                                  
                                     
Statement of Operations Data by Segment
                              
                                     
Three Months Ended December 31, 2015
                              
                                     
 
 
 
(Dollars in millions)
  
 
 
SDG&E
    
 
 
SoCalGas
    
Sempra South
 American
 Utilities
    
 
Sempra
 Mexico
    
 
Sempra
 Renewables
    
 
Sempra
 Natural Gas
    
Consolidating Adjustments,
 Parent & Other
      
 
 
Total
                                     
Revenues
  
 $     1,051
  
 $       1,041
(1)
 $           393
  
 $          161
  
 $             6
  
 $          141
  
 $             (92)
    
 $  2,701
                                     
Cost of sales and other expenses
  
         (649)
  
            (715)
  
             (309)
  
            (101)
  
             (15)
  
            (153)
  
                 61
    
    (1,881)
                                     
Depreciation and amortization
  
         (158)
  
            (119)
  
               (13)
  
             (18)
  
               (1)
  
             (13)
  
                  (3)
    
       (325)
                                     
Plant closure adjustment
  
              5
  
                 -
  
                  -
  
                 -
  
                 -
  
                 -
  
                    -
    
           5
                                     
Gain on sale of asset
  
               -
  
                 -
  
                  -
  
                 -
  
                8
  
                 -
  
                    -
    
           8
                                     
Equity earnings (losses), before income tax
  
               -
  
                 -
  
                  -
  
                 -
  
                4
  
              25
  
                  (4)
    
          25
                                     
Other income, net
  
            10
  
                5
  
                  4
  
                9
  
                1
  
                 -
  
                   9
    
          38
                                     
Income (loss) before interest and tax (2)
  
          259
  
             212
  
                75
  
              51
  
                3
  
                 -
  
                (29)
    
        571
                                     
Net interest (expense) income (3)
  
           (49)
  
             (22)
  
                 (5)
  
               (3)
  
                1
  
                 -
  
                (61)
    
       (139)
                                     
Income tax (expense) benefit
  
           (67)
  
             (47)
(1)
               (17)
  
               (4)
  
              12
  
                1
  
                 57
    
         (65)
                                     
Equity  earnings, net of income tax
  
               -
  
                 -
  
                  -
  
              21
  
                 -
  
                 -
  
                    -
    
          21
                                     
Losses (earnings) attributable to noncontrolling interests
              1
  
                 -
  
                 (7)
  
             (12)
  
                 -
  
                 -
  
                  (1)
    
         (19)
                                     
Earnings (losses)
  
 $        144
  
 $          143
(1)
 $             46
  
 $            53
  
 $            16
  
 $             1
  
 $             (34)
    
 $     369
                                     
                                     
Three Months Ended December 31, 2014
                                  
                                     
 
 
 
(Dollars in millions)
    
 
 
SDG&E
    
 
 
SoCalGas
    
Sempra South
 American
 Utilities
    
 
Sempra
 Mexico
    
 
Sempra
 Renewables
    
 
Sempra
 Natural Gas
    
Consolidating Adjustments,
 Parent & Other
      
 
 
Total
                                     
Revenues
  
 $     1,046
  
 $          998
  
 $           387
  
 $          197
  
 $            10
  
 $          231
  
 $            (122)
    
 $  2,747
                                     
Cost of sales and other expenses
  
         (672)
  
            (771)
  
             (309)
  
            (137)
  
             (15)
  
            (232)
  
                 89
    
    (2,047)
                                     
Depreciation and amortization
  
         (135)
  
            (110)
  
               (14)
  
             (17)
  
               (1)
  
             (11)
  
                  (2)
    
       (290)
                                     
Plant closure loss
  
           (19)
  
                 -
  
                  -
  
                 -
  
                 -
  
                 -
  
                    -
    
         (19)
                                     
Gain on sale of equity interest
  
               -
  
                 -
  
                  -
  
                 -
  
              14
  
                 -
  
                    -
    
          14
                                     
Equity earnings (losses), before income tax
  
               -
  
                 -
  
                  -
  
                 -
  
                2
  
              18
  
                  (1)
    
          19
                                     
Other income (expense), net
  
            11
  
                7
  
                15
  
             (23)
  
                 -
  
                 -
  
                   9
    
          19
                                     
Income (loss) before interest and tax (2)
  
          231
  
             124
  
                79
  
              20
  
              10
  
                6
  
                (27)
    
        443
                                     
Net interest (expense) income (3)
  
           (50)
  
             (19)
  
                 (5)
  
               (2)
  
               (1)
  
                7
  
                (59)
    
       (129)
                                     
Income tax (expense) benefit
  
           (53)
  
             (29)
  
                  1
  
              32
  
                9
  
               (2)
  
                 33
    
          (9)
                                     
Equity earnings, net of income tax
  
               -
  
                 -
  
                  -
  
              16
  
                 -
  
                 -
  
                    -
    
          16
                                     
(Earnings) losses attributable to noncontrolling interests
               -
  
                 -
  
               (12)
  
             (13)
  
                 -
  
                 -
  
                   1
    
         (24)
                                     
Earnings (losses)
  
 $        128
  
 $            76
  
 $             63
  
 $            53
  
 $            18
  
 $            11
  
 $             (52)
    
 $     297
                                     
(1)
Reflects the impact of seasonalization at Southern California Gas as discussed on Table D.
              
                                     
(2)
Management believes Income (Loss) Before Interest and 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.
      
                                     
(3)
Includes interest income, interest expense and preferred dividends of subsidiary.
                  
                                     














SEMPRA ENERGY
                                  
Table F (Unaudited)
                                  
                                     
Statement of Operations Data by Segment
                              
                                     
Year Ended December 31, 2015
                                  
                                     
 
 
 
(Dollars in millions)
  
 
 
SDG&E
    
 
 
SoCalGas
    
Sempra South
 American
Utilities
    
 
Sempra
 Mexico
    
 
Sempra
 Renewables
    
 
Sempra
 Natural Gas
    
Consolidating Adjustments,
Parent & Other
      
 
 
Total
                                     
Revenues
  
 $     4,219
  
 $       3,489
  
 $         1,544
  
 $          669
  
 $            36
  
 $          653
  
 $            (379)
    
 $    10,231
                                     
Cost of sales and other expenses
  
       (2,583)
  
         (2,420)
  
          (1,232)
  
            (415)
  
             (51)
  
            (681)
  
               311
    
       (7,071)
                                     
Depreciation and amortization
  
         (604)
  
            (461)
  
               (50)
  
             (70)
  
               (6)
  
             (49)
  
                (10)
    
       (1,250)
                                     
Plant closure adjustment
  
            26
  
                 -
  
                  -
  
                 -
  
                 -
  
                 -
  
                    -
    
             26
                                     
Gain on sale of assets
  
               -
  
                 -
  
                  1
  
                 -
  
                8
  
              61
  
                    -
    
             70
                                     
Equity earnings (losses), before income tax
  
               -
  
                 -
  
                  -
  
                 -
  
              24
  
              84
  
                  (4)
    
           104
                                     
Other income, net
  
            36
  
              30
  
                22
  
              20
  
                2
  
                 -
  
                 16
    
           126
                                     
Income (loss) before interest and tax (1)
  
        1,094
  
             638
  
              285
  
             204
  
              13
  
              68
  
                (66)
    
        2,236
                                     
Net interest (expense) income (2)
  
         (204)
  
             (81)
  
               (13)
  
             (16)
  
                1
  
                3
  
              (223)
    
          (533)
                                     
Income tax (expense) benefit
  
         (284)
  
            (138)
  
               (67)
  
             (11)
  
              49
  
             (28)
  
               138
    
          (341)
                                     
Equity (losses) earnings, net of income tax
  
               -
  
                 -
  
                 (4)
  
              89
  
                 -
  
                 -
  
                    -
    
             85
                                     
(Earnings) losses attributable to noncontrolling interests
           (19)
  
                 -
  
               (26)
  
             (53)
  
                 -
  
                1
  
                  (1)
    
            (98)
                                     
Earnings (losses)
  
 $        587
  
 $          419
  
 $           175
  
 $          213
  
 $            63
  
 $            44
  
 $            (152)
    
 $      1,349
                                     
                                     
Year Ended December 31, 2014
                                  
                                     
 
 
 
(Dollars in millions)
    
 
 
SDG&E
    
 
 
SoCalGas
    
Sempra South
 American
 Utilities
    
 
Sempra
 Mexico
    
 
Sempra
 Renewables
    
 
Sempra
 Natural Gas
    
Consolidating Adjustments,
Parent & Other
      
 
 
Total
                                     
Revenues
  
 $     4,329
  
 $       3,855
  
 $         1,534
  
 $          818
  
 $            35
  
 $          979
  
 $            (515)
    
 $    11,035
                                     
Cost of sales and other expenses
  
       (2,834)
  
         (2,903)
  
          (1,225)
  
            (562)
  
             (51)
  
            (955)
  
               433
    
       (8,097)
                                     
Depreciation and amortization
  
         (530)
  
            (431)
  
               (55)
  
             (64)
  
               (5)
  
             (61)
  
                (10)
    
       (1,156)
                                     
Plant closure loss
  
             (6)
(3)
                 -
  
                  -
  
                 -
  
                 -
  
                 -
  
                    -
    
              (6)
                                     
Gain on sale of equity interests and assets
  
               -
  
                 -
  
                  2
  
              19
  
              41
  
                 -
  
                    -
    
             62
                                     
Equity earnings (losses), before income tax
  
               -
  
                 -
  
                  -
  
                 -
  
              20
  
              62
  
                  (1)
    
             81
                                     
Other income, net
  
            40
  
              20
  
                30
  
                4
  
                1
  
                2
  
                 40
    
           137
                                     
Income (loss) before interest and tax (1)
  
          999
  
             541
  
              286
  
             215
  
              41
  
              27
  
                (53)
    
        2,056
                                     
Net interest (expense) income(2)
  
         (202)
  
             (70)
  
               (19)
  
             (13)
  
               (4)
  
                4
  
              (229)
    
          (533)
                                     
Income tax (expense) benefit
  
         (270)
  
            (139)
  
               (58)
  
               (5)
  
              44
  
              20
  
               108
    
          (300)
                                     
Equity (losses) earnings, net of income tax
  
               -
  
                 -
  
                 (4)
  
              42
  
                 -
  
                 -
  
                    -
    
             38
                                     
(Earnings) losses attributable to noncontrolling interests
           (20)
  
                 -
  
               (33)
  
             (47)
  
                 -
  
               (1)
  
                   1
    
          (100)
                                     
Earnings (losses)
  
 $        507
  
 $          332
  
 $           172
  
 $          192
  
 $            81
  
 $            50
  
 $            (173)
    
 $      1,161
                                     
(1)
Management believes Income (Loss) Before Interest and 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)
Includes interest income, interest expense, and preferred dividends of subsidiary.
                  
                                     
(3)
After taxes, including a $17 million charge to reduce certain tax regulatory assets attributed to SONGS, the adjustment to loss from plant closure is a $21 million charge to earnings.