XML 15 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating revenues        
Electric, non-affiliates $ 157.8 $ 164.4 $ 328.7 $ 335.3
Electric, affiliates 41.5 43.5 82.4 87.6
Natural gas 19.0 20.9 64.2 82.0
Other 0.2 0.1 0.2 0.2
Total operating revenues 218.5 228.9 475.5 505.1
Operating expenses        
Electric fuel and purchased power, non-affiliates 3.4 3.1 6.3 5.0
Purchased power, affiliates 91.3 99.9 185.6 203.4
Cost of natural sold and transported 6.6 8.2 28.0 40.5
Operating and maintenance expenses 44.9 51.3 93.5 103.2
Conservation program expenses 3.2 3.1 6.3 6.0
Depreciation and amortization 38.8 34.4 77.4 68.5
Taxes (other than income taxes) 7.1 7.1 14.1 14.7
Total operating expenses 195.3 207.1 411.2 441.3
Operating income 23.2 21.8 64.3 63.8
Other expense, net (1.8) (0.3) (4.3) (0.6)
Allowance for funds used during construction — equity 1.4 0.9 2.5 1.4
Interest charges and financing costs        
Interest charges — includes other financing costs of $0.4, $0.3, $0.7 and $0.7, respectively 9.9 9.8 19.8 19.8
Other financing costs 0.4 0.3 0.7 0.7
Allowance for funds used during construction — debt (0.5) (0.3) (1.0) (0.6)
Total interest charges and financing costs 9.4 9.5 18.8 19.2
Income before income taxes 13.4 12.9 43.7 45.4
Income tax expense (benefit) 1.3 4.3 (2.0) 12.8
Net income $ 12.1 $ 8.6 $ 45.7 $ 32.6