EX-99.7 8 a06-3914_1ex99d7.htm EXHIBIT 99.7

Exhibit 99.7

 

Schedule 6

 

CINERGY CORP.

BUSINESS SEGMENT EARNINGS DRIVER ANALYSIS

For the Quarter Ended December 31, 2005

(unaudited)

 

 

Regulated Businesses

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2004 (Adjusted*)

 

 

 

$

 0.45

 

 

 

 

 

 

 

Weather

 

0.02

 

 

 

Electric and gas sales volumes

 

0.07

 

 

 

Price Increases

 

0.02

 

 

 

Regulatory deferrals

 

0.02

 

 

 

Regulatory transition charge amortization

 

(0.06

)

 

 

Operation and maintenance

 

(0.02

)

 

 

Depreciation

 

(0.02

)

 

 

Taxes other than income taxes

 

(0.05

)

 

 

Financing and dilution

 

(0.04

)

 

 

Other - net

 

0.01

 

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2005 (Adjusted*)

 

 

 

$

 0.40

 

 

 

 

 

 

 

Commercial Businesses

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2004 (Adjusted*)

 

 

 

$

 0.27

 

 

 

 

 

 

 

Electric sales volumes

 

0.02

 

 

 

Price increases

 

0.10

 

 

 

Fuel costs

 

(0.03

)

 

 

Power marketing, trading and origination

 

0.03

 

 

 

Gas marketing, trading and origination

 

0.02

 

 

 

Financing and dilution

 

(0.05

)

 

 

Other - net

 

0.03

 

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2005 (Adjusted*)

 

 

 

$

 0.39

 

 

 

 

 

 

 

Power Technology & Infrastructure Services

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2004 (Adjusted*)

 

 

 

$

(0.01

)

 

 

 

 

 

 

Results of investments

 

(0.01

)

 

 

 

 

 

 

 

 

Earnings Per Share - diluted - 2005 (Adjusted*)

 

 

 

$

(0.02

)

 

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.

 

* See Schedules 3 and 4 for a reconciliation to the most comparable GAAP measure.