EX-99.5 6 a05-13803_1ex99d5.htm EX-99.5

Exhibit 99.5

CINERGY CORP.

RECONCILIATION OF GAAP EPS TO ADJUSTED EPS — 2004

(unaudited)

 

 

 

Q1

 

Q2

 

Total

 

Regulated Businesses

 

 

 

 

 

 

 

EPS As Reported

 

$

0.44

 

$

0.19

 

$

0.63

 

Special Items:

 

 

 

 

 

 

 

CIN-10 Implementation Costs

 

—

 

0.03

 

0.03

 

EPS Adjusted

 

$

0.44

 

$

0.22

 

$

0.66

 

 

 

 

 

 

 

 

 

Commercial Businesses

 

 

 

 

 

 

 

EPS As Reported

 

$

0.25

 

$

0.17

 

$

0.42

 

Special Items:

 

 

 

 

 

 

 

CIN-10 Implementation Costs and Other Charges

 

—

 

0.04

 

0.04

 

Mark-to-Market Effect on Asset Hedges

 

(0.05

)

0.02

 

(0.03

)

EPS Adjusted

 

$

0.20

 

$

0.23

 

$

0.43

 

 

 

 

 

 

 

 

 

Power Technology & Infrastructure Services

 

 

 

 

 

 

 

EPS As Reported

 

$

(0.12

)

$

(0.04

)

$

(0.16

)

Special Items:

 

 

 

 

 

 

 

Impairment Writedowns and

 

 

 

 

 

 

 

Other Charges

 

0.11

 

0.02

 

0.13

 

EPS Adjusted

 

$

(0.01

)

$

(0.02

)

$

(0.03

)

 

 

 

 

 

 

 

 

Cinergy Corp.

 

 

 

 

 

 

 

EPS As Reported

 

$

0.57

 

$

0.32

 

$

0.89

 

Special Items

 

0.06

 

0.11

 

0.17

 

EPS Adjusted

 

$

0.63

 

$

0.43

 

$

1.06

 

 

For 2004, the Regulated and Commercial segments have each been restated from prior presentations to reflect the reclassification of PSI’s off-system sales from the Commercial Businesses to the Regulated Businesses.