EX-99 14 dex99.htm EXHIBIT 99 Exhibit 99

Exhibit 99

DOMINION RESOURCES, INC.

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve  Months
Ended
June 30, 2010
 
(millions, except per share amounts)       

Operating Revenue

   $ 14,306  

Operating Expenses

     9,446  
        

Income from operations

     4,860  

Other income

     232  

Interest and related charges

     821  
        

Income before income tax expense including noncontrolling interests

   $ 4,271  

Income tax expense

     1,619  
        

Net income including noncontrolling interests

     2,652  

Loss from discontinued operations (including income tax benefit of $25)

     (114 )

Noncontrolling interests

     17  
        

Net income attributable to Dominion

   $ 2,521  
        

Amounts attributable to Dominion:

  

Income from continuing operations

   $ 2,635   

Loss from discontinued operations

     (114 )
        

Net income attributable to Dominion

   $ 2,521   
        

Earnings Per Common Share – Basic

  

Income from continuing operations

   $ 4.45  

Loss from discontinued operations

     (0.19 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 4.23  
        

Earnings Per Common Share – Diluted

  

Income from continuing operations

   $ 4.44  

Loss from discontinued operations

     (0.19 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 4.22  
        


Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve  Months
Ended
June 30, 2010
(millions)     

Operating Revenue

   $ 6,500

Operating Expenses

     5,720
      

Income from operations

     780

Other income

     115

Interest and related charges

     345
      

Income before income tax expense

     550

Income tax expense

     184
      

Net Income

     366

Preferred dividends

     17
      

Balance available for common stock

   $ 349