EX-99.(D) 13 efhcorp-2012630xexhibit99d.htm ADJUSTED EBITDA RECONCILIATION ENERGY FUTURE INTERMEDIATE HOLDING COMPANY LLC EFHCorp-2012.6.30-Exhibit 99(d)


Exhibit 99(d)

Energy Future Intermediate Holding Company LLC Consolidated
Adjusted EBITDA Reconciliation
(millions of dollars)

 
Six Months Ended
June 30, 2012
 
Six Months Ended
June 30, 2011
 
Twelve Months Ended
June 30, 2012
 
Twelve Months Ended
June 30, 2011
Net income
$
190

 
$
207

 
$
400

 
$
395

Income tax expense
29

 
47

 
55

 
55

Interest expense and related charges
232

 
171

 
409

 
333

EBITDA
$
451

 
$
425

 
$
864

 
$
783

Oncor Holdings distributions
69

 
32

 
153

 
114

Interest income
(310
)
 
(303
)
 
(559
)
 
(507
)
Equity in earnings of unconsolidated subsidiary (net of tax)
(141
)
 
(122
)
 
(305
)
 
(276
)
Adjusted EBITDA per Incurrence Covenant
$
69

 
$
32

 
$
153

 
$
114

Add Oncor Adjusted EBITDA (reduced by Oncor Holdings distributions)
764

 
723

 
1,564

 
1,446

Adjusted EBITDA per Restricted Payments Covenant
$
833

 
$
755

 
$
1,717

 
$
1,560