EX-99 3 ex992.htm EXHIBIT 99.2 Exhibit 99.2


Exhibit 99.2


         SEMPRA ENERGY

           Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$     1,064

 

$          904

 

$           371

 

$          163

 

$            30

 

$          218

 

$             (99)

 

 

$  2,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(632)

 

(645)

 

(290)

 

(112)

 

(14)

 

(192)

 

79

 

 

(1,806)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss From Plant Closure

 

(200)

 

-

 

-

 

-

 

-

 

-

 

-

 

 

(200)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(107)

 

(80)

 

(15)

 

(15)

 

(7)

 

(20)

 

(3)

 

 

(247)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(3)

 

11

 

-

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

9

 

3

 

-

 

(5)

 

5

 

2

 

12

 

 

26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

134

 

182

 

66

 

31

 

11

 

19

 

(11)

 

 

432

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(50)

 

(19)

 

(2)

 

(3)

 

(5)

 

(3)

 

(53)

 

 

(135)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(12)

 

(45)

 

(17)

 

(2)

 

9

 

(6)

 

41

 

 

(32)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Net of Income Tax

 

-

 

-

 

(7)

 

8

 

-

 

-

 

-

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

(7)

 

-

 

(6)

 

(8)

 

-

 

(1)

 

1

 

 

(21)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$         65

 

$          118

 

$             34

 

$            26

 

$            15

 

$             9

 

$             (22)

 

 

$     245

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$        780

 

$          720

 

$           348

 

$          118

 

$            14

 

$          198

 

$             (89)

 

 

$  2,089

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(492)

 

(535)

 

(270)

 

(66)

 

(1)

 

(196)

 

69

 

 

(1,491)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(119)

 

(90)

 

(14)

 

(15)

 

(3)

 

(22)

 

(3)

 

 

(266)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Losses Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(2)

 

(290)

(3)

(1)

 

 

(293)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

24

 

4

 

-

 

(4)

 

-

 

-

 

(6)

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

193

 

99

 

64

 

33

 

8

 

(310)

 

(30)

 

 

57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (2)

 

(40)

 

(18)

 

(2)

 

1

 

(2)

 

(11)

 

(38)

 

 

(110)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(53)

 

(28)

 

(17)

 

5

 

18

 

128

 

65

 

 

118

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

-

 

-

 

-

 

8

 

-

 

-

 

-

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

(5)

 

-

 

(7)

 

-

 

-

 

-

 

1

 

 

(11)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$         95

 

$            53

 

$             38

 

$            47

 

$            24

 

$         (193)

 

$               (2)

 

 

$       62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Management believes "Income (Loss) Before Interest & Tax" is a useful measurement of our segments' 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Includes impairment loss of $300 million related to our investment in Rockies Express Pipeline LLC.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 









         SEMPRA ENERGY

           Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$       2,003

 

$    1,887

 

$          755

 

$           331

 

$            51

 

$         471

 

$               (197)

 

 

$     5,301

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(1,269)

 

(1,445)

 

(591)

 

(225)

 

(27)

 

(412)

 

171

 

 

(3,798)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss From Plant Closure

 

(200)

 

-

 

-

 

-

 

-

 

-

 

-

 

 

(200)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain on Sale of Asset

 

-

 

-

 

-

 

-

 

-

 

74

 

-

 

 

74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(241)

 

(180)

 

(30)

 

(31)

 

(15)

 

(40)

 

(5)

 

 

(542)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(2)

 

20

 

-

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

20

 

7

 

3

 

4

 

5

 

4

 

20

 

 

63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

313

 

269

 

137

 

79

 

12

 

117

 

(11)

 

 

916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(98)

 

(36)

 

(4)

 

(4)

 

(10)

 

(15)

 

(102)

 

 

(269)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(63)

 

(69)

 

(34)

 

(28)

 

17

 

(39)

 

6

 

 

(210)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity (Losses) Earnings Recorded Net of Income Tax

 

-

 

-

 

(14)

 

19

 

-

 

-

 

-

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Losses (Earnings) Attributable to Noncontrolling Interests

 

4

 

-

 

(14)

 

(9)

 

-

 

(1)

 

1

 

 

(19)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$          156

 

$       164

 

$            71

 

$            57

 

$            19

 

$          62

 

$               (106)

 

 

$        423

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Sempra South American Utilities

 

Sempra Mexico

 

Sempra Renewables

 

Sempra Natural Gas

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$       1,614

 

$    1,600

 

$          705

 

$           254

 

$            22

 

$         467

 

$               (190)

 

 

$     4,472

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

(1,036)

 

(1,209)

 

(551)

 

(141)

 

(10)

 

(441)

 

149

 

 

(3,239)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

(231)

 

(177)

 

(27)

 

(31)

 

(6)

 

(45)

 

(6)

 

 

(523)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Losses Recorded Before Income Tax

 

-

 

-

 

-

 

-

 

(1)

 

(279)

(3)

(1)

 

 

(281)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

54

 

8

 

2

 

11

 

-

 

-

 

18

 

 

93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

401

 

222

 

129

 

93

 

5

 

(298)

 

(30)

 

 

522

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (2)

 

(77)

 

(35)

 

(8)

 

(2)

 

(6)

 

(20)

 

(72)

 

 

(220)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

(113)

 

(68)

 

(30)

 

(30)

 

35

 

126

 

81

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

-

 

-

 

-

 

19

 

-

 

-

 

-

 

 

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Attributable to Noncontrolling Interests

 

(11)

 

-

 

(13)

 

-

 

-

 

-

 

-

 

 

(24)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

$          200

 

$       119

 

$            78

 

$            80

 

$            34

 

$        (192)

 

$                 (21)

 

 

$        298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Management believes "Income (Loss) Before Interest & Tax" is a useful measurement of our segments' 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Includes impairment loss of $300 million related to our investment in Rockies Express Pipeline LLC.