EX-99 11 dex99.htm EXHIBIT 99 Exhibit 99

Exhibit 99

DOMINION RESOURCES, INC.

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
June 30, 2011
 

(millions, except per share amounts)

  

Operating Revenue

   $ 15,094  

Operating Expenses

     11,550  
        

Income from operations

     3,544  

Other income

     219  

Interest and related charges

     904  
        

Income before income tax expense including noncontrolling interests

   $ 2,859  

Income tax expense

     1,146  
        

Net income including noncontrolling interests

     1,713  

Loss from discontinued operations (including income tax benefit of $8)

     (7 )

Noncontrolling interests

     17  
        

Net income attributable to Dominion

   $ 1,689  
        

Amounts attributable to Dominion:

  

Income from continuing operations

   $ 1,696   

Loss from discontinued operations

     (7 )
        

Net income attributable to Dominion

   $ 1,689   
        

Earnings Per Common Share – Basic and Diluted

  

Income from continuing operations

   $ 2.95  

Loss from discontinued operations

     (0.01 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 2.91  
        


Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
June 30, 2011
 

(millions)

  

Operating Revenue

   $ 7,284  

Operating Expenses

     5,394  
        

Income from operations

     1,890  

Other income

     96  

Interest and related charges

     352  
        

Income before income tax expense

     1,634  

Income tax expense

     625  
        

Net Income

     1,009  

Preferred dividends

     17  
        

Balance available for common stock

   $ 992