Disclosures about Segments (Tables)

6 Months Ended

Jun. 30, 2012



SEGMENT INFORMATION FOR THE THREE MONTHS ENDED JUNE 30,
2012 (THOUSANDS)	CLECO POWER			MIDSTREAM			RECONCILING ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	228,293		$	—		$	—		$	—		$	228,293
Tolling operations	—			6,309			—			(6,309		)	—
Other operations	11,613			1			497			—			12,111
Electric customer credits	(281		)	—			—			—			(281		)
Affiliate revenue	342			—			13,590			(13,932		)	—
Operating revenue, net	$	239,967		$	6,310		$	14,087		$	(20,241	)	$	240,123
Depreciation	$	30,559		$	1,460		$	232		$	(1	)	$	32,250
Interest charges	$	20,805		$	(1,159	)	$	824		$	146		$	20,616
Interest income	$	(6	)	$	—		$	(141	)	$	144		$	(3	)
Federal and state income tax expense (benefit)	$	20,501		$	4,051		$	(4,031	)	$	(1	)	$	20,520
Segment profit	$	37,284		$	6,534		$	2,868		$	—		$	46,686
Additions to long-lived assets	$	55,614		$	6,025		$	482		$	—		$	62,121
Equity investment in investees	$	14,532		$	—		$	9		$	—		$	14,541
Total segment assets	$	3,704,786		$	218,073		$	189,000		$	(108,351	)	$	4,003,508



2011 (THOUSANDS)	CLECO POWER			MIDSTREAM		RECONCILING 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, net	$	268,464		$	4,241	$	13,601		$	(13,383	)	$	272,923
Depreciation	$	28,996		$	1,457	$	246		$	—		$	30,699
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 ⁽²⁾	$	14,532		$	—	$	8		$	—		$	14,540
Total segment assets ⁽²⁾	$	3,726,471		$	233,891	$	201,074		$	(111,234	)	$	4,050,202
⁽¹⁾ Reconciliation of segment profit to consolidated profit:	Segment profit								$	70,348
⁽²⁾ Balances as of December 31, 2011	Unallocated items:
	Preferred dividends requirements								15
	Preferred stock redemption costs								112
	Net income applicable to common stock								$	70,221



SEGMENT INFORMATION FOR THE SIX MONTHS ENDED JUNE 30,
2012 (THOUSANDS)	CLECO POWER		MIDSTREAM		RECONCILING ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	437,883	$	—	$	—		$	—		$	437,883
Tolling operations	—		7,543		—			(7,543		)	—
Other operations	22,062		1		994			(1		)	23,056
Electric customer credits	1,955		—		—			—			1,955
Affiliate revenue	687		—		25,197			(25,884		)	—
Operating revenue	$	462,587	$	7,544	$	26,191		$	(33,428	)	$	462,894
Depreciation	$	60,648	$	2,992	$	456		$	1		$	64,097
Interest charges	$	39,291	$	313	$	1,444		$	192		$	41,240
Interest income	$	23	$	—	$	(185	)	$	193		$	31
Equity income from investees, before tax	$	—	$	—	$	1		$	—		$	1
Federal and state income tax expense (benefit)	$	35,008	$	4,789	$	(5,866	)	$	(1	)	$	33,930
Segment profit	$	64,089	$	7,624	$	5,004		$	1		$	76,718
Additions to long-lived assets	$	106,002	$	2,223	$	869		$	—		$	109,094
Equity investment in investees	$	14,532	$	—	$	9		$	—		$	14,541
Total segment assets	$	3,704,786	$	218,073	$	189,000		$	(108,351	)	$	4,003,508



2011 (THOUSANDS)	CLECO POWER			MIDSTREAM		RECONCILING 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	$	57,111		$	2,913	$	487		$	1		$	60,512
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 (loss) ⁽¹⁾	$	65,724		$	33,328	$	311		$	—		$	99,363
Additions to long-lived assets	$	75,914		$	1,128	$	671		$	—		$	77,713
Equity investment in investees ⁽²⁾	$	14,532		$	—	$	8		$	—		$	14,540
Total segment assets ⁽²⁾	$	3,726,471		$	233,891	$	201,074		$	(111,234	)	$	4,050,202
⁽¹⁾ Reconciliation of segment profit to consolidated profit:	Segment profit								$	99,363
⁽²⁾ Balances as of December 31, 2011	Unallocated items:
	Preferred dividends requirements								26
	Preferred stock redemption costs								112
	Net income applicable to common stock								$	99,225

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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