Attached files
file | filename |
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EX-99.1 - EXHIBIT 99.1 - ANNUAL EARNINGS 2017 - PRESS RELEASE - VECTREN CORP | a1231178k-exhibit991pressr.htm |
8-K - 8-K - ANNUAL EARNINGS RELEASE FOR 2017 10-K - VECTREN CORP | a8k-2017annualearningsrele.htm |
EX-99.4 - EXHIBIT 99.4 ANNUAL EARNINGS RELEASE - FLS - VECTREN CORP | a1231178k-exhibit994forwar.htm |
EX-99.2 - EXHIBIT 99.2 - ANNUAL EARNINGS 2017 QFR - VECTREN CORP | a1231178k-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 | ) |