SEGMENTS OF BUSINESS (Tables)

3 Months Ended

Mar. 31, 2022

Information about SJI’s operations in different reportable operating segments is presented below (in thousands). All prior periods were revised to conform to the new segment alignment noted above.


	Three Months Ended March 31,
		2022		2021
Operating Revenues:
SJI Utilities:
SJG Utility Operations		$	322,263	$	251,399
ETG Utility Operations		176,236		157,545
Subtotal SJI Utilities		498,499		408,944
Energy Management:
Wholesale Energy Operations		327,497		261,910
Retail Services		2,069		3,896
Subtotal Energy Management		329,566		265,806
Energy Production:
Renewables		5,356		6,423
Decarbonization		—		—
Subtotal Energy Production		5,356		6,423
Corporate and Services		16,434		13,793
Subtotal		849,855		694,966
Intersegment Sales		(25,277)		(20,666)
Total Operating Revenues		$	824,578	$	674,300


	Three Months Ended March 31,
		2022		2021
Operating Income:
SJI Utilities:
SJG Utility Operations		$	125,702	$	118,842
ETG Utility Operations		59,284		58,020
Subtotal SJI Utilities		184,986		176,862
Energy Management:
Wholesale Energy Operations		17,451		17,308
Retail Services		1,179		(220)
Subtotal Energy Management		18,630		17,088
Energy Production:
Renewables		(580)		2,700
Decarbonization		(445)		—
Subtotal Energy Production		(1,025)		2,700
Corporate and Services		(3,991)		178
Total Operating Income		$	198,600	$	196,828


	Three Months Ended March 31,
		2022		2021

















Property Additions:
SJI Utilities:
SJG Utility Operations		$	51,146	$	53,409
ETG Utility Operations		51,603		41,130
Subtotal SJI Utilities		102,749		94,539
Energy Management:
Wholesale Energy Operations		—		—
Retail Services		—		—
Subtotal Energy Management		—		—
Energy Production:
Renewables		5,483		773
Decarbonization		17,321		836
Subtotal Energy Production		22,804		1,609
Midstream		—		4
Corporate and Services		1,518		744
Total Property Additions		$	127,071	$	96,896


	March 31, 2022		December 31, 2021
Identifiable Assets:
SJI Utilities:
SJG Utility Operations	$	3,784,373	$	3,767,897
ETG Utility Operations	2,852,249		2,788,465

Subtotal SJI Utilities	6,636,622		6,556,362
Energy Management:
Wholesale Energy Operations	281,716		278,995

Retail Services	20,179		25,741
Subtotal Energy Management	301,895		304,736
Energy Production:
Renewables	190,316		195,791
Decarbonization	195,091		138,787

Subtotal Energy Production	385,407		334,578
Midstream	4,517		8,970
Discontinued Operations	25		47
Corporate and Services	362,381		370,899
Intersegment Assets	(234,021)		(266,920)
Total Identifiable Assets	$	7,456,826	$	7,308,672