Disclosures about Segments (Tables)

6 Months Ended

Jun. 30, 2011

Disclosures about Segments [Abstract]

Segment Information

SEGMENT INFORMATION FOR THE THREE MONTHS ENDED JUNE 30,

	CLECO					RECONCILING
2011 (THOUSANDS)	POWER			MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	260,485		$	-	$	-		$	-		$	260,485
Tolling operations		-			4,222		-			-			4,222
Other operations		12,453			7		526			(3	)		12,983
Electric customer credits		(4,822	)		-		-			-			(4,822	)
Affiliate revenue		348			12		13,075			(13,380	)		55
Operating revenue	$	268,464		$	4,241	$	13,601		$	(13,383	)	$	272,923
Depreciation	$	28,282		$	1,457	$	246		$	-		$	29,985
Interest charges	$	24,322		$	628	$	631		$	38		$	25,619
Interest income	$	168		$	-	$	(35	)	$	37		$	170
Equity income from investees, before tax	$	-		$	61,440	$	-		$	-		$	61,440
Federal and state income tax expense (benefit)	$	15,879		$	21,536	$	(895	)	$	-		$	36,520
Segment profit (1)	$	35,694		$	34,425	$	229		$	-		$	70,348
Additions to long-lived assets	$	35,185		$	122	$	611		$	-		$	35,918
Equity investment in investees	$	13,073		$	-	$	10		$	-		$	13,083
Total segment assets	$	3,779,401		$	233,099	$	225,981		$	(179,762	)	$	4,058,719
(1)Reconciliation of segment profit to consolidated profit:	Segment profit								$	70,348
	Unallocated items:
	Preferred dividends requirements, net of tax									15
	Preferred stock redemption costs, net of tax									112
	Net income applicable to common stock								$	70,221

	CLECO					RECONCILING
2010 (THOUSANDS)	POWER		MIDSTREAM			ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	261,101	$	-		$	-		$	-		$	261,101
Tolling operations		-		4,399			-			-			4,399
Other operations		9,755		1			492			(3	)		10,245
Affiliate revenue		344		13			12,011			(12,210	)		158
Operating revenue	$	271,200	$	4,413		$	12,503		$	(12,213	)	$	275,903
Depreciation	$	28,162	$	1,444		$	192		$	-		$	29,798
Interest charges	$	22,318	$	1,431		$	780		$	(11	)	$	24,518
Interest income	$	76	$	-		$	14		$	(10	)	$	80
Equity loss from investees, before tax	$	-	$	(1,129	)	$	-		$	-		$	(1,129	)
Federal and state income tax expense (benefit)	$	19,236	$	(1,241	)	$	(606	)	$	-		$	17,389
Segment profit (loss) (1)	$	39,089	$	(1,991	)	$	(1,913	)	$	1		$	35,186
Additions to long-lived assets	$	32,438	$	574		$	50		$	-		$	33,062
Equity investment in investees (2)	$	13,073	$	73,648		$	11		$	-		$	86,732
Total segment assets (2)	$	3,795,205	$	316,165		$	401,663		$	(351,623	)	$	4,161,410
(1)Reconciliation of segment profit to consolidated profit:	Segment profit								$	35,186
(2)Balances as of December 31, 2010	Unallocated items:
	Preferred dividends requirements, net of tax									12
	Net income applicable to common stock								$	35,174

SEGMENT INFORMATION FOR THE SIX MONTHS ENDED JUNE 30,

	CLECO					RECONCILING
2011 (THOUSANDS)	POWER			MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	498,953		$	-	$	-		$	-		$	498,953
Tolling operations		-			7,003		-			-			7,003
Other operations		24,696			7		1,010			(2	)		25,711
Electric customer credits		(5,256	)		-		-			-			(5,256	)
Affiliate revenue		694			45		24,096			(24,633	)		202
Operating revenue	$	519,087		$	7,055	$	25,106		$	(24,635	)	$	526,613
Depreciation	$	55,683		$	2,913	$	487		$	1		$	59,084
Interest charges	$	48,723		$	1,211	$	2,198		$	100		$	52,232
Interest income	$	281		$	1	$	(96	)	$	99		$	285
Equity income (loss) from investees, before tax	$	-		$	62,053	$	(1	)	$	-		$	62,052
Federal and state income tax expense (benefit)	$	30,279		$	20,853	$	(2,417	)	$	(1	)	$	48,714
Segment profit (1)	$	65,724		$	33,328	$	311		$	-		$	99,363
Additions to long-lived assets	$	75,914		$	1,128	$	671		$	-		$	77,713
Equity investment in investees	$	13,073		$	-	$	10		$	-		$	13,083
Total segment assets	$	3,779,401		$	233,099	$	225,981		$	(179,762	)	$	4,058,719
(1)Reconciliation of segment profit to consolidated profit:	Segment profit								$	99,363
	Unallocated items:
	Preferred dividends requirements, net of tax									26
	Preferred stock redemption costs, net of tax									112
	Net income applicable to common stock								$	99,225

	CLECO				RECONCILING
2010 (THOUSANDS)	POWER		MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	513,899	$	-	$	-		$	-		$	513,899
Tolling operations		-		11,863		-			-			11,863
Other operations		20,140		1		983			(5	)		21,119
Affiliate revenue		686		918		23,494			(23,791	)		1,307
Operating revenue	$	534,725	$	12,782	$	24,477		$	(23,796	)	$	548,188
Depreciation	$	50,808	$	2,887	$	356		$	-		$	54,051
Interest charges	$	41,060	$	4,863	$	1,626		$	(597	)	$	46,952
Interest income	$	234	$	-	$	605		$	(597	)	$	242
Equity income from investees, before tax	$	-	$	36,717	$	1		$	-		$	36,718
Gain on toll settlement	$	-	$	148,402	$	-		$	-		$	148,402
Federal and state income tax expense (benefit)	$	31,731	$	70,147	$	(4,622	)	$	-		$	97,256
Segment profit (1)	$	71,249	$	112,020	$	1,887		$	(1	)	$	185,155
Additions to long-lived assets	$	361,993	$	1,122	$	740		$	-		$	363,855
Equity investment in investees (2)	$	13,073	$	73,648	$	11		$	-		$	86,732
Total segment assets (2)	$	3,795,205	$	316,165	$	401,663		$	(351,623	)	$	4,161,410
(1)Reconciliation of segment profit to consolidated profit:	Segment profit							$	185,155
(2)Balances as of December 31, 2010	Unallocated items:
	Preferred dividends requirements, net of tax								23
	Net income applicable to common stock							$	185,132