EX-99.(D) 25 efh-2013331xexhibit99d.htm ADJUSTED EBITDA RECONCILIATION ENERGY FUTURE INTERMEDIATE HOLDING COMPANY LLC EFH-2013.3.31-Exhibit 99(d)


Exhibit 99(d)

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

 
Three Months Ended
March 31, 2013
 
Three Months Ended
March 31, 2012
 
Twelve Months Ended
March 31, 2013
 
Twelve Months Ended
March 31, 2012
Net income
$
131

 
$
86

 
$
360

 
$
413

Income tax expense
36

 
17

 
47

 
67

Interest expense and related charges
184

 
107

 
602

 
373

EBITDA
$
351

 
$
210

 
$
1,009

 
$
853

Oncor Holdings distributions of earnings
31

 
36

 
142

 
136

Interest income
(284
)
 
(153
)
 
(729
)
 
(560
)
Equity in earnings of unconsolidated subsidiary (net of tax)
(67
)
 
(57
)
 
(280
)
 
(293
)
Other
—

 
—

 
—

 
1

Adjusted EBITDA per Incurrence Covenant
$
31

 
$
36

 
$
142

 
$
137

Add Oncor Adjusted EBITDA (reduced by Oncor Holdings distributions)
384

 
350

 
1,634

 
1,537

Adjusted EBITDA per Restricted Payments Covenant
$
415

 
$
386

 
$
1,776

 
$
1,674