EX-99.D 27 efh-20131231xexhibit99d.htm ADJUSTED EBITDA RECONCILIATION ENERGY FUTURE INTERMEDIATE HOLDING COMPANY LLC EFH-2013.12.31-Exhibit 99(d)


Exhibit 99(d)

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

 
Year Ended December 31,
 
2013
 
2012
Net income (loss)
$
(102
)
 
$
315

Income tax (benefit) expense
(169
)
 
27

Interest expense and related charges
760

 
526

EBITDA
$
489

 
$
868

Oncor Holdings distributions of earnings
213

 
147

Interest income
(284
)
 
(598
)
Equity in earnings of unconsolidated subsidiary (net of tax)
(335
)
 
(270
)
Debt restructuring costs
20

 
—

Restructuring and other (a)
110

 
—

Adjusted EBITDA per Incurrence Covenant
$
213

 
$
147

Add Oncor Adjusted EBITDA (reduced by Oncor Holdings distributions)
1,643

 
1,600

Adjusted EBITDA per Restricted Payments Covenant
$
1,856

 
$
1,747

___________
(a)
Restructuring and other represents reserve for income taxes receivable from EFH Corp.