The following tables present financial information for each of DPL’s reportable business segments:



$ in millions	Utility		Other			Adjustments and Eliminations			DPL Consolidated
Year ended December 31, 2015
Revenues from external customers	$	1,550.8	$	62.0		$	—		$	1,612.8
Intersegment revenues	1.5		4.2			(5.7		)	—
Total revenues	1,552.3		66.2			(5.7		)	1,612.8

Fuel	244.7		15.1			—			259.8
Purchased power	555.7		8.9			(2.0		)	562.6
Gross margin ^(a)	$	751.9	$	42.2		$	(3.7	)	$	790.4

Depreciation and amortization	$	138.2	$	(3.6	)	$	—		$	134.6
Goodwill impairment (Note 7)	$	—	$	317.0		$	—		$	317.0
Fixed asset impairment	$	—	$	—		$	—		$	—
Interest expense	$	30.9	$	87.6		$	(0.2	)	$	118.3
Income tax expense / (benefit)	$	35.1	$	(15.1	)	$	—		$	20.0
Net income / (loss) from continuing operations	$	106.4	$	(357.8	)	$	—		$	(251.4	)
Discontinued operations, net of tax	$	—	$	12.4		$	—		$	12.4
Net income / (loss)	$	106.4	$	(345.4	)	$	—		$	(239.0	)

Cash capital expenditures	$	127.0	$	10.2		$	—		$	137.2

Total assets (end of year) ^(b)	$	3,365.8	$	1,314.4		$	(1,339.4	)	$	3,340.8


(a)	For purposes of discussing operating results, we present and discuss gross margins. This format is useful to investors because it allows analysis and comparability of operating trends and includes the same information that is used by management to make decisions regarding our financial performance.


(b)	Includes assets held for sale related to the sale of DPLER.



$ in millions	Utility		Competitive Retail		Other			Adjustments and Eliminations			DPL Consolidated
Year ended December 31, 2014
Revenues from external customers	$	1,181.2	$	533.6	$	48.2		$	—		$	1,763.0
Intersegment revenues	487.1		—		5.5			(492.6		)	—
Total revenues	1,668.3		533.6		53.7			(492.6		)	1,763.0

Fuel	314.9		—		(10.4		)	—			304.5
Purchased power	582.4		491.8		7.5			(489.1		)	592.6
Amortization of intangibles	—		—		1.2			—			1.2
Gross margin ^(a)	$	771.0	$	41.8	$	55.4		$	(3.5	)	$	864.7

Depreciation and amortization	$	144.8	$	0.8	$	(5.8	)	$	—		$	139.8
Goodwill impairment (Note 7)	$	—	$	—	$	135.8		$	—		$	135.8
Fixed asset impairment	$	—	$	—	$	11.5		$	—		$	11.5
Interest expense	$	33.9	$	0.5	$	92.9		$	(0.7	)	$	126.6
Income tax expense / (benefit)	$	39.7	$	2.0	$	(23.5	)	$	—		$	18.2
Net income / (loss)	$	115.0	$	3.2	$	(192.8	)	$	—		$	(74.6	)

Cash capital expenditures	$	114.2	$	2.5	$	1.4		$	—		$	118.1

Total assets (end of year)	$	3,338.7	$	94.9	$	1,440.1		$	(1,295.9	)	$	3,577.8


(a)	For purposes of discussing operating results, we present and discuss gross margins. This format is useful to investors because it allows analysis and comparability of operating trends and includes the same information that is used by management to make decisions regarding our financial performance.



$ in millions	Utility		Competitive Retail		Other			Adjustments and Eliminations			DPL Consolidated
Year ended December 31, 2013
Revenues from external customers	$	1,098.2	$	511.6	$	27.1		$	—		$	1,636.9
Intersegment revenues	453.3		—		4.0			(457.3		)	—
Total revenues	1,551.5		511.6		31.1			(457.3		)	1,636.9

Fuel	362.5		—		4.2			—			366.7
Purchased power	381.9		459.7		1.1			(453.7		)	389.0
Amortization of intangibles	—		—		7.1			—			7.1
Gross margin ^(a)	$	807.1	$	51.9	$	18.7		$	(3.6	)	$	874.1

Depreciation and amortization	$	140.2	$	0.6	$	(7.9	)	$	—		$	132.9
Goodwill impairment (Note 7)	$	—	$	—	$	306.3		$	—		$	306.3
Fixed asset impairment	$	86.0	$	—	$	(59.8	)	$	—		$	26.2
Interest expense	$	37.2	$	0.5	$	86.9		$	(0.6	)	$	124.0
Income tax expense / (benefit)	$	18.6	$	4.2	$	(0.5	)	$	—		$	22.3
Net income / (loss)	$	83.6	$	6.6	$	(312.2	)	$	—		$	(222.0	)
					$	—
Cash capital expenditures	$	122.1	$	—	$	2.3		$	—		$	124.4

Total assets (end of year)	$	3,313.1	$	105.0	$	1,675.8		$	(1,372.4	)	$	3,721.5


(a)	For purposes of discussing operating results, we present and discuss gross margins. This format is useful to investors because it allows analysis and comparability of operating trends and includes the same information that is used by management to make decisions regarding our financial performance.