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EX-99.1 - EXHIBIT 99.1 - ANNUAL EARNINGS 2017 - PRESS RELEASE - VECTREN CORPa1231178k-exhibit991pressr.htm
8-K - 8-K - ANNUAL EARNINGS RELEASE FOR 2017 10-K - VECTREN CORPa8k-2017annualearningsrele.htm
EX-99.4 - EXHIBIT 99.4 ANNUAL EARNINGS RELEASE - FLS - VECTREN CORPa1231178k-exhibit994forwar.htm
EX-99.2 - EXHIBIT 99.2 - ANNUAL EARNINGS 2017 QFR - VECTREN CORPa1231178k-exhibit992qfr.htm
EXHIBIT 99.3

VECTREN CORPORATION
AND SUBSIDIARY COMPANIES
RECONCILIATION OF GAAP TO NON-GAAP MEASURES
(Unaudited - in millions, except per share amounts)
 
 
 
 
 
 
 
 
 
 
Twelve Months Ended December 31, 2017
(In millions, except EPS)
 
GAAP
Measure
Deferred Tax Revaluation
(Gain) / Loss
Operating Expense Charge
Non-GAAP Measure
Consolidated
 
 
 
 
 
Net Income
 
$
216.0

$
(45.3
)
$
45.3

$
216.0

Basic EPS
 
$
2.60

$
(0.55
)
$
0.55

$
2.60

 
 
 
 
 
 
 
Utility Group
 
 
 
 
 
Net Income
 
$
175.8

$
(23.2
)
$
23.2

$
175.8

Basic EPS
 
$
2.12

$
(0.28
)
$
0.28

$
2.12

 
 
 
 
 
 
 
 
Utility Group Segments
 
 
 
 
 
 
Gas Utility - Net Income
 
$
115.5

$
(27.3
)

$
88.2

 
Electric Utility - Net Income
 
$
75.2



$
75.2

 
Other Utility Operations - Net Income
$
(14.9
)
$
4.1

$
23.2

$
12.4

 
 
 
 
 
 
 
Nonutility Group
 
 
 
 
 
Net Income
 
$
41.1

$
(22.3
)
$
22.1

$
40.9

Basic EPS
 
$
0.49

$
(0.27
)
$
0.27

$
0.49

 
 
 
 
 
 
 
Corp & Other
 
 
 
 
 
Net Income
 
$
(0.9
)
$
0.2


$
(0.7
)
Basic EPS
 
$
(0.01
)


$
(0.01
)
 
 
 
 
 
 
 
Other Operating Expense
 
 
 
 
 
Consolidated
 
$
1,115.9


$
(69.7
)
$
1,046.2

   Utility Group
 
$
370.4


$
(35.7
)
$
334.70

 
 
 
 
 
 
 
Income Tax Expense
 
 
 
 
 
Consolidated
 
$
46.4

$
45.3

$
24.4

$
116.1

   Utility Group
 
$
60.7

$
23.2

$
12.5

$
96.4

   Nonutility Group
 
$
(13.5
)
$
22.3

$
11.9

$
20.7

   Corp & Other
 
$
(0.8
)
$
(0.2
)

$
(1.0
)