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South Jersey Gas Company Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues:        
Revenues $ 511,431 $ 311,828 $ 1,336,009 $ 986,128
Operating Expenses:        
Operations and Maintenance 62,791 62,881 141,769 132,984
Depreciation 34,181 33,031 68,138 64,843
Impairment Charges 1,897 0 1,897 0
Energy and Other Taxes 3,338 2,812 8,113 6,795
Total Operating Expenses 523,577 300,219 1,149,555 777,691
Operating (Loss) Income (12,146) 11,609 186,454 208,437
Other Income and Expense 2,891 3,592 5,494 5,660
Interest Charges (31,561) (31,185) (63,140) (62,644)
(Loss) Income from Continuing Operations (18,678) (96,660) 110,736 32,138
Income Taxes 22,067 4,702 (18,599) (37,067)
Net (Loss) Income (18,830) (96,740) 110,514 31,987
South Jersey Gas Company        
Operating Revenues:        
Revenues 122,602 91,215 444,865 342,614
Operating Expenses:        
Cost of Sales - (Excluding depreciation and amortization) 47,099 18,711 176,967 93,248
Operations and Maintenance 37,087 34,539 81,313 71,807
Depreciation 20,330 20,357 40,797 39,565
Impairment Charges 1,897 0 1,897 0
Energy and Other Taxes 1,363 1,139 3,363 2,683
Total Operating Expenses 107,776 74,746 304,337 207,303
Operating (Loss) Income 14,826 16,469 140,528 135,311
Other Income and Expense 981 1,486 2,520 3,101
Interest Charges (9,434) (9,613) (19,157) (19,338)
(Loss) Income from Continuing Operations 6,373 8,342 123,891 119,074
Income Taxes (1,532) (2,029) (30,408) (29,143)
Net (Loss) Income $ 4,841 $ 6,313 $ 93,483 $ 89,931