Disclosures about Segments (Tables)

9 Months Ended

Sep. 30, 2011

Disclosures about Segments [Abstract]

Segment Information

SEGMENT INFORMATION FOR THE THREE MONTHS ENDED SEPTEMBER 30,

	CLECO				RECONCILING
2011 (THOUSANDS)	POWER		MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	324,532	$	-	$	-		$	-		$	324,532
Tolling operations		-		9,133		-			-			9,133
Other operations		15,565		1		500			(2	)		16,064
Electric customer credits		1,852		-		-			-			1,852
Affiliate revenue		347		-		13,448			(13,795	)		-
Operating revenue	$	342,296	$	9,134	$	13,948		$	(13,797	)	$	351,581
Depreciation	$	28,859	$	1,457	$	241		$	-		$	30,557
Interest charges	$	25,306	$	752	$	(308	)	$	29		$	25,779
Interest income	$	276	$	5	$	199		$	29		$	509
Equity loss from investees, before tax	$	-	$	-	$	(1	)	$	-		$	(1	)
Federal and state income tax expense (benefit)	$	31,656	$	444	$	(7,363	)	$	-		$	24,737
Segment profit	$	53,833	$	5,946	$	6,063		$	-		$	65,842
Additions to long-lived assets	$	76,213	$	4,074	$	81		$	-		$	80,368
Equity investment in investees	$	13,073	$	-	$	9		$	(1	)	$	13,081
Total segment assets	$	3,774,385	$	234,537	$	200,854		$	(138,235	)	$	4,071,541

	CLECO					RECONCILING
2010 (THOUSANDS)	POWER			MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	325,629		$	-	$	-		$	-		$	325,629
Tolling operations		-			11,153		-			-			11,153
Other operations		12,819			1		488			(3	)		13,305
Electric customer credits		(6,314	)		-		-			-			(6,314	)
Affiliate revenue		343			5		11,290			(11,519	)	$	119
Operating revenue	$	332,477		$	11,159	$	11,778		$	(11,522	)	$	343,892
Depreciation	$	27,133		$	1,446	$	268		$	-		$	28,847
Interest charges	$	16,044		$	1,109	$	7,949		$	(34	)	$	25,068
Interest income	$	117		$	-	$	44		$	(33	)	$	128
Equity income from investees, before tax	$	-		$	2,494	$	-		$	-		$	2,494
Federal and state income tax expense (benefit)	$	26,568		$	2,758	$	830		$	(1	)	$	30,155
Segment profit (loss) (1)	$	52,335		$	5,156	$	(7,879	)	$	-		$	49,612
Additions to long-lived assets	$	35,308		$	454	$	441		$	-		$	36,203
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								$	49,612
(2)Balances as of December 31, 2010	Unallocated items:
	Preferred dividends requirements, net of tax									12
	Net income applicable to common stock								$	49,600

SEGMENT INFORMATION FOR THE NINE MONTHS ENDED SEPTEMBER 30,

	CLECO					RECONCILING
2011 (THOUSANDS)	POWER			MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	823,484		$	-	$	-		$	-		$	823,484
Tolling operations		-			16,137		-			-			16,137
Other operations		40,261			8		1,511			(5	)		41,775
Electric customer credits		(3,405	)		-		-			-			(3,405	)
Affiliate revenue		1,041			45		37,544			(38,428	)		202
Operating revenue	$	861,381		$	16,190	$	39,055		$	(38,433	)	$	878,193
Depreciation	$	84,543		$	4,370	$	728		$	-		$	89,641
Interest charges	$	74,029		$	1,963	$	1,891		$	128		$	78,011
Interest income	$	557		$	6	$	103		$	128		$	794
Equity income (loss) from investees, before tax	$	-		$	62,053	$	(2	)	$	-		$	62,051
Federal and state income tax expense (benefit)	$	61,935		$	21,296	$	(9,781	)	$	1		$	73,451
Segment profit (1)	$	119,557		$	39,274	$	6,374		$	-		$	165,205
Additions to long-lived assets	$	152,082		$	5,202	$	749		$	-		$	158,033
Equity investment in investees	$	13,073		$	-	$	9		$	(1	)	$	13,081
Total segment assets	$	3,774,385		$	234,537	$	200,854		$	(138,235	)	$	4,071,541
(1)Reconciliation of segment profit to consolidated profit:	Segment profit								$	165,205
	Unallocated items:
	Preferred dividends requirements, net of tax									26
	Preferred stock redemption costs, net of tax									112
	Net income applicable to common stock								$	165,067

	CLECO					RECONCILING
2010 (THOUSANDS)	POWER			MIDSTREAM		ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	839,528		$	-	$	-		$	-		$	839,528
Tolling operations		-			23,016		-			-			23,016
Other operations		32,959			2		1,470			(6	)		34,425
Electric customer credits		(6,314	)		-		-			-			(6,314	)
Affiliate revenue		1,029			924		34,783			(35,310	)		1,426
Operating revenue	$	867,202		$	23,942	$	36,253		$	(35,316	)	$	892,081
Depreciation	$	77,941		$	4,334	$	624		$	-		$	82,899
Interest charges	$	57,104		$	5,972	$	9,575		$	(631	)	$	72,020
Interest income	$	351		$	-	$	649		$	(631	)	$	369
Equity income from investees, before tax	$	-		$	39,211	$	1		$	-		$	39,212
Gain on toll settlement	$	-		$	148,402	$	-		$	-		$	148,402
Federal and state income tax expense (benefit)	$	58,299		$	72,905	$	(3,793	)	$	-		$	127,411
Segment profit (loss) (1)	$	123,584		$	117,176	$	(5,992	)	$	-		$	234,768
Additions to long-lived assets	$	397,301		$	1,576	$	1,181		$	-		$	400,058
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								$	234,768
(2)Balances as of December 31, 2010	Unallocated items:
	Preferred dividends requirements, net of tax									35
	Net income applicable to common stock								$	234,733