8-K 1 a4qform8-kpressrelease.htm 8-K 4QForm8-Kpressrelease

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549


FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 19, 2015

Commission
Registrant, State of Incorporation,
I.R.S. Employer
File Number
Address and Telephone Number
Identification No.
 
 
 
1-8809
SCANA Corporation
57-0784499
 
(a South Carolina corporation)
 
 
100 SCANA Parkway, Cayce, South Carolina 29033

 
 
(803) 217-9000

 
 
 
 
1-3375
South Carolina Electric & Gas Company
57-0248695
 
(a South Carolina corporation)
 
 
100 SCANA Parkway, Cayce, South Carolina 29033

 
 
(803) 217-9000

 


Not applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

q Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) q Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)



q Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) q Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

This combined Form 8-K is separately furnished by SCANA Corporation and South Carolina Electric & Gas Company. Information contained herein relating to any individual company is furnished by such company on its own behalf. Each company makes no representation as to information relating to the other company.




Item 2.02    RESULTS OF OPERATIONS AND FINANCIAL CONDITION


On February 19, 2015, SCANA Corporation (the Company) issued the press release attached hereto as Exhibit 99.1. The press release discloses the following non-GAAP measures: (1) estimated 2015 GAAP-adjusted earnings per share, (2) average annual growth rate target for GAAP-adjusted earnings per share and (3) 2014 GAAP-adjusted weather normalized earnings per share. Each of these non-GAAP measures excludes the effects of abnormal weather in the electric business. In addition, the non-GAAP measure for estimated 2015 GAAP-adjusted earnings per share excludes the estimated earnings per share expected to be recorded in the first quarter of 2015 from the sales of two subsidiaries.

The Company's management believes that these non-GAAP measures provide a meaningful representation of the Company's fundamental earnings power and can aid in performing period-over-period financial analysis and comparison with peer group data. In management's opinion, these non-GAAP measures serve as useful indicators of the financial results of the Company's primary businesses and as a basis for management's provision of earnings guidance and growth projections. In addition, management uses these non-GAAP measures in making resource allocation and other budgetary and operational decisions. These non-GAAP measures are not intended to replace the GAAP measures of earnings per share or average annual earnings per share growth rate, but are offered as supplements to those GAAP measures.

Item 9.01    FINANCIAL STATEMENTS AND EXHIBITS


(d)    Exhibits

Exhibit 99.1    Press release dated February 19, 2015.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The signature of each registrant shall be deemed to relate only to matters having reference to such registrant and any subsidiaries thereof.



 
 
SCANA Corporation
 
 
 
South Carolina Electric & Gas Company
 
 
 
(Registrants)
 
 
 
 
 
 
 
 
 
February 19, 2015
By:
/s/James E. Swan, IV
 
 
 
James E. Swan, IV
 
 
 
Controller
 
 
 
 
 

 




EXHIBIT INDEX


Number

99.1.     Press release dated February 19, 2015.