SEMPRA ENERGY - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - May 9, 2017

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         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENT OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,057

 
$
1,241

 
$
412

 
$
264

 
$
22

 
$
132

 
$
(97
)
 
 
$
3,031

Cost of sales and other expenses
(616
)
 
(800
)
 
(326
)
 
(121
)
 
(15
)
 
(128
)
 
81

 
 
(1,925
)
Depreciation and amortization
(163
)
 
(126
)
 
(13
)
 
(36
)
 
(9
)
 
(10
)
 
(3
)
 
 
(360
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
2

 
1

 
—

 
 
3

Other income, net
18

 
11

 
3

 
127

 
—

 
1

 
9

 
 
169

Income (loss) before interest and tax (1)
296

 
326

 
76

 
234

 
—

 
(4
)
 
(10
)
 
 
918

Net interest (expense) income (2)
(49
)
 
(25
)
 
(4
)
 
(30
)
 
(3
)
 
6

 
(58
)
 
 
(163
)
Income tax (expense) benefit
(90
)
 
(98
)
 
(19
)
 
(142
)
 
11

 
(1
)
 
44

 
 
(295
)
Equity earnings (losses), net of income tax
—

 
—

 
1

 
(9
)
 
—

 
—

 
—

 
 
(8
)
(Earnings) losses attributable to noncontrolling interests
(2
)
 
—

 
(7
)
 
(5
)
 
3

 
—

 
—

 
 
(11
)
Earnings (losses)
$
155

 
$
203

 
$
47

 
$
48

 
$
11

 
$
1

 
$
(24
)
 
 
$
441

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
991

 
$
1,033

 
$
400

 
$
138

 
$
7

 
$
130

 
$
(77
)
 
 
$
2,622

Cost of sales and other expenses
(596
)
 
(617
)
 
(329
)
 
(82
)
 
(13
)
 
(154
)
 
62

 
 
(1,729
)
Depreciation and amortization
(159
)
 
(122
)
 
(13
)
 
(17
)
 
(1
)
 
(13
)
 
(3
)
 
 
(328
)
Equity earnings (losses), before income tax
—

 
—

 
—

 
—

 
7

 
(29
)
 
—

 
 
(22
)
Other income, net
14

 
10

 
2

 
11

 
—

 
—

 
12

 
 
49

Income (loss) before interest and tax (1)
250

 
304

 
60

 
50

 
—

 
(66
)
 
(6
)
 
 
592

Net interest (expense) income (2)
(48
)
 
(22
)
 
(4
)
 
(2
)
 
1

 
4

 
(66
)
 
 
(137
)
Income tax (expense) benefit (3)
(65
)
 
(83
)
 
(14
)
 
(40
)
 
13

 
29

 
52

 
 
(108
)
Equity earnings, net of income tax
—

 
—

 
2

 
15

 
—

 
—

 
—

 
 
17

(Earnings) losses attributable to noncontrolling interests
(1
)
 
—

 
(6
)
 
(5
)
 
—

 
1

 
—

 
 
(11
)
Earnings (losses) (3)
$
136

 
$
199

 
$
38

 
$
18

 
$
14

 
$
(32
)
 
$
(20
)
 
 
$
353

 
 
(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)
As adjusted for the adoption of ASU 2016-09 as of January 1, 2016.
 
 
 



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