EX-99 12 dex99.htm CONDENSED CONSOLIDATED EARNINGS STATEMENTS Condensed consolidated earnings statements

Exhibit 99

DOMINION RESOURCES, INC.

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
March 31, 2011
 
(millions, except per share amounts)       

Operating Revenue

   $ 15,086  

Operating Expenses

     9,157  
        

Income from operations

     5,929  

Other income

     154  

Interest and related charges

     875  
        

Income before income tax expense including noncontrolling interests

   $ 5,208  

Income tax expense

     2,072  
        

Net income including noncontrolling interests

     3,136  

Loss from discontinued operations (including income tax benefit of $9)

     (6 )

Noncontrolling interests

     17  
        

Net income attributable to Dominion

   $ 3,113  
        

Amounts attributable to Dominion:

  

Income from continuing operations

   $ 3,119   

Loss from discontinued operations

     (6 )
        

Net income attributable to Dominion

   $ 3,113   
        

Earnings Per Common Share – Basic

  

Income from continuing operations

   $ 5.37  

Loss from discontinued operations

     (0.01 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 5.33  
        

Earnings Per Common Share – Diluted

  

Income from continuing operations

   $ 5.36  

Loss from discontinued operations

     (0.01 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 5.32  
        


Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
March 31, 2011
 
(millions)       

Operating Revenue

   $ 7,238  

Operating Expenses

     5,340  
        

Income from operations

     1,898  

Other income

     114  

Interest and related charges

     351  
        

Income before income tax expense

     1,661  

Income tax expense

     626  
        

Net Income

     1,035  

Preferred dividends

     17  
        

Balance available for common stock

   $ 1,018