SOUTHERN CALIFORNIA GAS CO - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - October 30, 2017

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         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 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
$
1,236

 
$
684

 
$
376

 
$
336

 
$
26

 
$
152

 
$
(131
)
 
 
$
2,679

Cost of sales and other expenses
(769
)
 
(542
)
 
(296
)
 
(153
)
 
(22
)
 
(154
)
 
104

 
 
(1,832
)
Depreciation and amortization
(170
)
 
(132
)
 
(14
)
 
(41
)
 
(9
)
 
(10
)
 
(2
)
 
 
(378
)
Impairments
(351
)
 
—

 
—

 
(1
)
 
—

 
—

 
—

 
 
(352
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
7

 
3

 
—

 
 
10

Other income, net
16

 
8

 
3

 
4

 
—

 
1

 
9

 
 
41

(Loss) income before interest and tax (1)
(38
)
 
18

 
69

 
145

 
2

 
(8
)
 
(20
)
 
 
168

Net interest (expense) income (2)
(53
)
 
(25
)
 
(4
)
 
(14
)
 
(2
)
 
5

 
(60
)
 
 
(153
)
Income tax benefit (expense)
72

 
14

 
(18
)
 
(34
)
 
9

 
2

 
39

 
 
84

Equity earnings, net of income tax
—

 
—

 
1

 
2

 
—

 
—

 
—

 
 
3

(Earnings) losses attributable to noncontrolling interests
(9
)
 
—

 
(6
)
 
(33
)
 
6

 
(3
)
 
—

 
 
(45
)
(Losses) earnings
$
(28
)
 
$
7

 
$
42

 
$
66

 
$
15

 
$
(4
)
 
$
(41
)
 
 
$
57

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 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
$
1,209

 
$
686

 
$
385

 
$
196

 
$
12

 
$
164

 
$
(117
)
 
 
$
2,535

Cost of sales and other expenses
(725
)
 
(526
)
 
(302
)
 
(121
)
 
(14
)
 
(163
)
 
101

 
 
(1,750
)
Depreciation and amortization
(161
)
 
(121
)
 
(14
)
 
(15
)
 
(1
)
 
(12
)
 
(4
)
 
 
(328
)
Impairments
—

 
(1
)
 
—

 
(131
)
 
—

 
—

 
—

 
 
(132
)
Gain on sale of assets
—

 
—

 
1

 
—

 
—

 
130

 
—

 
 
131

Equity earnings, before income tax
—

 
—

 
—

 
—

 
12

 
—

 
—

 
 
12

Remeasurement of equity method investment
—

 
—

 
—

 
617

 
—

 
—

 
—

 
 
617

Other income (expense), net
11

 
8

 
3

 
(7
)
 
—

 
1

 
10

 
 
26

Income (loss) before interest and tax (1)
334

 
46

 
73

 
539

 
9

 
120

 
(10
)
 
 
1,111

Net interest (expense) income (2)
(49
)
 
(25
)
 
(4
)
 
(3
)
 
1

 
8

 
(57
)
 
 
(129
)
Income tax (expense) benefit
(91
)
 
(21
)
 
(17
)
 
(142
)
 
7

 
(51
)
 
33

 
 
(282
)
Equity earnings, net of income tax
—

 
—

 
1

 
18

 
—

 
—

 
—

 
 
19

(Earnings) losses attributable to noncontrolling interests
(11
)
 
—

 
(7
)
 
(80
)
 
—

 
—

 
1

 
 
(97
)
Earnings (losses)
$
183

 
$
—

 
$
46

 
$
332

 
$
17

 
$
77

 
$
(33
)
 
 
$
622

 
 
(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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 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
$
3,351

 
$
2,695

 
$
1,169

 
$
873

 
$
74

 
$
406

 
$
(325
)
 
 
$
8,243

Cost of sales and other expenses
(2,036
)
 
(1,891
)
 
(916
)
 
(404
)
 
(57
)
 
(353
)
 
263

 
 
(5,394
)
Depreciation and amortization
(499
)
 
(384
)
 
(40
)
 
(114
)
 
(28
)
 
(31
)
 
(10
)
 
 
(1,106
)
Impairments
(351
)
 
—

 
—

 
(72
)
 
—

 
—

 
—

 
 
(423
)
Equity earnings, before income tax
—

 
—

 
—

 
—

 
25

 
6

 
—

 
 
31

Other income, net
49

 
28

 
8

 
191

 
1

 
2

 
22

 
 
301

Income (loss) before interest and tax (1)
514

 
448

 
221

 
474

 
15

 
30

 
(50
)
 
 
1,652

Net interest (expense) income (2)
(151
)
 
(77
)
 
(13
)
 
(61
)
 
(7
)
 
14

 
(173
)
 
 
(468
)
Income tax (expense) benefit
(72
)
 
(103
)
 
(57
)
 
(278
)
 
25

 
(17
)
 
124

 
 
(378
)
Equity earnings (losses), net of income tax
—

 
—

 
2

 
(7
)
 
—

 
—

 
—

 
 
(5
)
(Earnings) losses attributable to noncontrolling interests
(15
)
 
—

 
(19
)
 
(23
)
 
16

 
(3
)
 
—

 
 
(44
)
Earnings (losses)
$
276

 
$
268

 
$
134

 
$
105

 
$
49

 
$
24

 
$
(99
)
 

$
757

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 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
$
3,192

 
$
2,336

 
$
1,170

 
$
481

 
$
25

 
$
384

 
$
(275
)
 
 
$
7,313

Cost of sales and other expenses
(1,985
)
 
(1,637
)
 
(937
)
 
(289
)
 
(40
)
 
(653
)
 
229

 
 
(5,312
)
Depreciation and amortization
(478
)
 
(355
)
 
(41
)
 
(47
)
 
(4
)
 
(37
)
 
(8
)
 
 
(970
)
Impairments
—

 
(23
)
 
—

 
(131
)
 
—

 
—

 
—

 
 
(154
)
Gain on sale of assets
—

 
—

 
1

 
—

 
—

 
130

 
—

 
 
131

Equity earnings (losses), before income tax
—

 
—

 
—

 
—

 
30

 
(26
)
 
—

 
 
4

Remeasurement of equity method investment
—

 
—

 
—

 
617

 
—

 
—

 
—

 
 
617

Other income (expense), net
38

 
24

 
10

 
(11
)
 
1

 
2

 
34

 
 
98

Income (loss) before interest and tax (1)
767

 
345

 
203

 
620

 
12

 
(200
)
 
(20
)
 
 
1,727

Net interest (expense) income (2)
(145
)
 
(72
)
 
(14
)
 
(8
)
 
2

 
19

 
(185
)
 
 
(403
)
Income tax (expense) benefit
(204
)
 
(75
)
 
(46
)
 
(170
)
 
29

 
77

 
105

 
 
(284
)
Equity earnings, net of income tax
—

 
—

 
3

 
66

 
—

 
—

 
—

 
 
69

Losses (earnings) attributable to noncontrolling interests
1

 
—

 
(19
)
 
(101
)
 
—

 
—

 
1

 
 
(118
)
Earnings (losses)
$
419

 
$
198

 
$
127

 
$
407

 
$
43

 
$
(104
)
 
$
(99
)
 
 
$
991

 
 
(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.