EX-99.D 10 efh-2013930xexhibit99d.htm ADJUSTED EBITDA RECONCILIATION ENERGY FUTURE INTERMEDIATE HOLDING COMPANY LLC EFH-2013.9.30-Exhibit 99(d)


Exhibit 99(d)

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

 
Nine Months Ended
September 30, 2013
 
Nine Months Ended
September 30, 2012
 
Twelve Months Ended
September 30, 2013
 
Twelve Months Ended
September 30, 2012
Net income
$
68

 
$
308

 
$
75

 
$
358

Income tax expense
(100
)
 
35

 
(108
)
 
36

Interest expense and related charges
566

 
368

 
724

 
457

EBITDA
$
534

 
$
711

 
$
691

 
$
851

Oncor Holdings distributions of earnings
148

 
100

 
195

 
152

Interest income
(284
)
 
(462
)
 
(420
)
 
(551
)
Equity in earnings of unconsolidated subsidiary (net of tax)
(255
)
 
(249
)
 
(276
)
 
(300
)
Restructuring and other (a)
5

 
—

 
5

 
—

Adjusted EBITDA per Incurrence Covenant
$
148

 
$
100

 
$
195

 
$
152

Add Oncor Adjusted EBITDA (reduced by Oncor Holdings distributions)
1,256

 
1,254

 
1,602

 
1,571

Adjusted EBITDA per Restricted Payments Covenant
$
1,404

 
$
1,354

 
$
1,797

 
$
1,723

___________
(a)
Restructuring and other in the nine and twelve months ended 2013 includes costs associated with EFH Corp.'s liability management program.