SEMPRA ENERGY - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - August 4, 2017

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         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,058

 
$
770

 
$
381

 
$
273

 
$
26

 
$
122

 
$
(97
)
 
 
$
2,533

Cost of sales and other expenses
(651
)
 
(549
)
 
(294
)
 
(130
)
 
(20
)
 
(71
)
 
78

 
 
(1,637
)
Depreciation and amortization
(166
)
 
(126
)
 
(13
)
 
(37
)
 
(10
)
 
(11
)
 
(5
)
 
 
(368
)
Impairment loss
—

 
—

 
—

 
(71
)
 
—

 
—

 
—

 
 
(71
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
16

 
2

 
—

 
 
18

Other income, net
15

 
9

 
2

 
60

 
1

 
—

 
4

 
 
91

Income (loss) before interest and tax (1)
256

 
104

 
76

 
95

 
13

 
42

 
(20
)
 
 
566

Net interest (expense) income (2)
(49
)
 
(27
)
 
(5
)
 
(17
)
 
(2
)
 
3

 
(55
)
 
 
(152
)
Income tax (expense) benefit
(54
)
 
(19
)
 
(20
)
 
(102
)
 
5

 
(18
)
 
41

 
 
(167
)
(Earnings) losses attributable to noncontrolling interests
(4
)
 
—

 
(6
)
 
15

 
7

 
—

 
—

 
 
12

Earnings (losses)
$
149

 
$
58

 
$
45

 
$
(9
)
 
$
23

 
$
27

 
$
(34
)
 
 
$
259

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
992

 
$
617

 
$
385

 
$
147

 
$
6

 
$
90

 
$
(81
)
 
 
$
2,156

Cost of sales and other expenses
(664
)
 
(495
)
 
(306
)
 
(86
)
 
(13
)
 
(336
)
 
66

 
 
(1,834
)
Depreciation and amortization
(158
)
 
(112
)
 
(14
)
 
(15
)
 
(2
)
 
(12
)
 
(1
)
 
 
(314
)
Impairment loss
—

 
(21
)
 
—

 
—

 
—

 
—

 
—

 
 
(21
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
11

 
3

 
—

 
 
14

Other income (expense), net
13

 
6

 
5

 
(15
)
 
1

 
1

 
12

 
 
23

Income (loss) before interest and tax (1)
183

 
(5
)
 
70

 
31

 
3

 
(254
)
 
(4
)
 
 
24

Net interest (expense) income (2)
(48
)
 
(25
)
 
(6
)
 
(3
)
 
—

 
7

 
(62
)
 
 
(137
)
Income tax (expense) benefit
(48
)
 
29

 
(15
)
 
12

 
9

 
99

 
20

 
 
106

Equity earnings, net of income tax
—

 
—

 
—

 
33

 
—

 
—

 
—

 
 
33

Losses (earnings) attributable to noncontrolling interests
13

 
—

 
(6
)
 
(16
)
 
—

 
(1
)
 
—

 
 
(10
)
Earnings (losses)
$
100

 
$
(1
)
 
$
43

 
$
57

 
$
12

 
$
(149
)
 
$
(46
)
 
 
$
16

 
 
(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.
 
 
 





         SEMPRA ENERGY
           Table F (Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,115

 
$
2,011

 
$
793

 
$
537

 
$
48

 
$
254

 
$
(194
)
 
 
$
5,564

Cost of sales and other expenses
(1,267
)
 
(1,349
)
 
(620
)
 
(251
)
 
(35
)
 
(199
)
 
159

 
 
(3,562
)
Depreciation and amortization
(329
)
 
(252
)
 
(26
)
 
(73
)
 
(19
)
 
(21
)
 
(8
)
 
 
(728
)
Impairment loss
—

 
—

 
—

 
(71
)
 
—

 
—

 
—

 
 
(71
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
18

 
3

 
—

 
 
21

Other income, net
33

 
20

 
5

 
187

 
1

 
1

 
13

 
 
260

Income (loss) before interest and tax (1)
552

 
430

 
152

 
329

 
13

 
38

 
(30
)
 
 
1,484

Net interest (expense) income (2)
(98
)
 
(52
)
 
(9
)
 
(47
)
 
(5
)
 
9

 
(113
)
 
 
(315
)
Income tax (expense) benefit
(144
)
 
(117
)
 
(39
)
 
(244
)
 
16

 
(19
)
 
85

 
 
(462
)
Equity earnings (losses), net of income tax
—

 
—

 
1

 
(9
)
 
—

 
—

 
—

 
 
(8
)
(Earnings) losses attributable to noncontrolling interests
(6
)
 
—

 
(13
)
 
10

 
10

 
—

 
—

 
 
1

Earnings (losses)
$
304

 
$
261

 
$
92

 
$
39

 
$
34

 
$
28

 
$
(58
)
 

$
700

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra South American Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG & Midstream
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,983

 
$
1,650

 
$
785

 
$
285

 
$
13

 
$
220

 
$
(158
)
 
 
$
4,778

Cost of sales and other expenses
(1,260
)
 
(1,111
)
 
(635
)
 
(168
)
 
(26
)
 
(490
)
 
128

 
 
(3,562
)
Depreciation and amortization
(317
)
 
(234
)
 
(27
)
 
(32
)
 
(3
)
 
(25
)
 
(4
)
 
 
(642
)
Impairment losses
—

 
(22
)
 
—

 
—

 
—

 
—

 
—

 
 
(22
)
Equity earnings (losses), before income tax
—

 
—

 
—

 
—

 
18

 
(26
)
 
—

 
 
(8
)
Other income (expense), net
27

 
16

 
7

 
(4
)
 
1

 
1

 
24

 
 
72

Income (loss) before interest and tax (1)
433

 
299

 
130

 
81

 
3

 
(320
)
 
(10
)
 
 
616

Net interest (expense) income (2)
(96
)
 
(47
)
 
(10
)
 
(5
)
 
1

 
11

 
(128
)
 
 
(274
)
Income tax (expense) benefit (3)
(113
)
 
(54
)
 
(29
)
 
(28
)
 
22

 
128

 
72

 
 
(2
)
Equity earnings, net of income tax
—

 
—

 
2

 
48

 
—

 
—

 
—

 
 
50

Losses (earnings) attributable to noncontrolling interests
12

 
—

 
(12
)
 
(21
)
 
—

 
—

 
—

 
 
(21
)
Earnings (losses) (3)
$
236

 
$
198

 
$
81

 
$
75

 
$
26

 
$
(181
)
 
$
(66
)
 
 
$
369

 
 
(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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