EX-99 3 exhibit992.htm EXHIBIT 99.2 Sempra Energy Exhibit 99.2



SEMPRA ENERGY

 

 

 

Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Business Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $        631

 

 $          694

 

 $            13

 

 $         245

 

 $           98

 

 $           25

 

 $           (17)

 

 

 $ 1,689

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

         (438)

 

            (503)

 

             (14)

 

          (157)

 

          (209)

(1)

            (39)

 

              (11)

 

 

  (1,371)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

           (81)

 

             (75)

 

                  -

 

            (15)

 

              (9)

 

              (7)

 

                (2)

 

 

    (189)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains on Sale of Assets

 

              1

 

                 -

 

                  -

 

                -

 

                -

 

                -

 

                  2

 

 

          3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             126

 

              (6)

 

              11

 

                -

 

                (3)

 

 

      128

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

            27

 

                4

 

                  -

 

                1

 

                1

 

                1

 

                36

 

 

        70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          140

 

             120

 

             125

 

              68

 

          (108)

 

            (20)

 

                  5

 

 

      330

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (3)

 

           (22)

 

             (18)

 

               (3)

 

              (1)

 

              (3)

 

              (2)

 

              (28)

 

 

      (77)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (28)

 

             (37)

 

             (37)

 

            (34)

 

              29

 

              10

 

                  7

 

 

      (90)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              23

 

                -

 

                  -

 

 

        23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

           (20)

 

                 -

 

                  -

 

                -

 

              32

 

                -

 

                  -

 

 

        12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $         70

 

 $            65

 

 $            85

 

 $           33

 

 $         (27)

 

 $         (12)

 

 $           (16)

 

 

 $    198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $        754

 

 $       1,143

 

 $            16

 

 $         482

 

 $         118

 

 $             5

 

 $           (15)

 

 

 $ 2,503

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

         (564)

 

            (971)

 

             (43)

 

          (423)

 

          (114)

 

            (32)

 

                (7)

 

 

  (2,154)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

           (78)

 

             (71)

 

                  -

 

            (14)

 

              (3)

 

              (2)

 

                (3)

 

 

    (171)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain on Sale of Assets

 

               -

 

                 -

 

             109

 

                -

 

                -

 

                -

 

                  -

 

 

      109

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             146

 

                -

 

              12

 

                -

 

                (3)

 

 

      155

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

            20

 

                2

 

                  -

 

                1

 

                3

 

                -

 

                  6

 

 

        32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          132

 

             103

 

             228

 

              46

 

              16

 

            (29)

 

              (22)

 

 

      474

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (3)

 

           (21)

 

             (11)

 

               (4)

 

              (2)

 

                1

 

              (1)

 

                  7

 

 

      (31)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (35)

 

             (36)

 

             (94)

 

            (21)

 

            (11)

 

                2

 

                (7)

 

 

    (202)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              18

 

                -

 

                  -

 

 

        18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

           (15)

 

                 -

 

                  -

 

                -

 

                -

 

                -

 

                  -

 

 

      (15)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $         61

 

 $            56

 

 $           130

 

 $           23

 

 $           24

 

 $         (28)

 

 $           (22)

 

 

 $    244

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Includes $132 million write-off of long-lived assets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Net Interest (Expense) Income includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.






SEMPRA ENERGY

 

 

 

Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Business Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $     1,363

 

 $       1,614

 

 $            26

 

 $         542

 

 $         230

 

 $           57

 

 $           (35)

 

 

 $ 3,797

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

         (918)

 

         (1,241)

 

             (26)

 

          (384)

 

          (304)

(1)

            (82)

 

              (10)

 

 

  (2,965)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

         (158)

 

            (147)

 

                  -

 

            (29)

 

            (19)

 

            (13)

 

                (6)

 

 

    (372)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains on Sale of Assets

 

              1

 

                 -

 

                  -

 

                -

 

                -

 

                -

 

                  2

 

 

          3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             279

 

              (6)

 

              21

 

                -

 

                (6)

 

 

      288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

            44

 

                5

 

                  -

 

                1

 

                -

 

                1

 

                22

 

 

        73

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          332

 

             231

 

             279

 

            124

 

            (72)

 

            (37)

 

              (33)

 

 

      824

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (3)

 

           (48)

 

             (34)

 

               (6)

 

              (2)

 

              (6)

 

              (4)

 

              (55)

 

 

    (155)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (88)

 

             (73)

 

             (74)

 

            (46)

 

              17

 

              22

 

                43

 

 

    (199)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              39

 

                -

 

                    -

 

 

        39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

           (27)

 

                 -

 

                  -

 

                -

 

              32

 

                -

 

                  -

 

 

          5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        169

 

 $          124

 

 $           199

 

 $           76

 

 $           10

 

 $         (19)

 

 $           (45)

 

 

 $    514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $     1,500

 

 $       2,699

 

 $           473

 

 $         928

 

 $         211

 

 $           (5)

 

 $           (33)

 

 

 $ 5,773

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

       (1,107)

 

         (2,346)

 

           (395)

 

          (782)

 

          (202)

 

            (44)

 

                (7)

 

 

  (4,883)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

         (155)

 

            (142)

 

               (6)

 

            (28)

 

              (5)

 

              (2)

 

                (8)

 

 

    (346)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains on Sale of Assets

 

              3

 

                 -

 

             110

 

                2

 

                -

 

                -

 

                (1)

 

 

      114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             146

 

                2

 

              20

 

                -

 

                (7)

 

 

      161

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

            23

 

                2

 

                  -

 

                2

 

                3

 

              15

 

                  6

 

 

        51

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          264

 

             213

 

             328

 

            124

 

              27

 

            (36)

 

              (50)

 

 

      870

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (3)

 

           (47)

 

             (24)

 

               (9)

 

              (4)

 

                2

 

              (2)

 

                  5

 

 

      (79)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (67)

 

             (76)

 

           (133)

 

            (52)

 

            (15)

 

                1

 

                13

 

 

    (329)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                 3

 

                -

 

              36

 

                -

 

                  -

 

 

        39

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

           (15)

 

                 -

 

                  -

 

                -

 

                -

 

                -

 

                  -

 

 

      (15)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        135

 

 $          113

 

 $           189

 

 $           68

 

 $           50

 

 $         (37)

 

 $           (32)

 

 

 $    486

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Includes $132 million write-off of long-lived assets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Net Interest (Expense) Income includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.