EX-99.2 3 ex99_2q12019earningstablef.htm EXHIBIT 99.2 Exhibit
Exhibit 99.2

 
         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utility
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,145

 
$
1,361

 
$
—

 
$
383

 
$
7

 
$
141

 
$
(139
)
 
 
$
2,898

Cost of sales and other expenses
(697
)
 
(913
)
 
—

 
(192
)
 
(11
)
 
(142
)
 
98

 
 
(1,857
)
Depreciation and amortization
(186
)
 
(147
)
 
—

 
(44
)
 
—

 
(2
)
 
(4
)
 
 
(383
)
Other income, net
22

 
16

 
—

 
19

 
—

 
—

 
25

 
 
82

Income (loss) before interest and tax(1)
284

 
317

 
—

 
166

 
(4
)
 
(3
)
 
(20
)
 
 
740

Net interest (expense) income
(102
)
 
(34
)
 
—

 
(11
)
 
7

 
10

 
(109
)
 
 
(239
)
Income tax (expense) benefit
(5
)
 
(19
)
 
—

 
(72
)
 
10

 
(4
)
 
48

 
 
(42
)
Equity earnings, net
—

 
—

 
94

 
2

 
3

 
2

 
—

 
 
101

Earnings attributable to noncontrolling interests
(1
)
 
—

 
—

 
(28
)
 
(3
)
 
—

 
—

 
 
(32
)
Preferred dividends
—

 
—

 
—

 
—

 
—

 
—

 
(36
)
 
 
(36
)
Earnings (losses) from continuing operations
$
176

 
$
264

 
$
94

 
$
57

 
$
13

 
$
5

 
$
(117
)
 
 
492

Loss from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(51
)
Earnings attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
441

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2018(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utility
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,055

 
$
1,126

 
$
—

 
$
308

 
$
25

 
$
104

 
$
(82
)
 
 
$
2,536

Cost of sales and other expenses
(641
)
 
(713
)
 
—

 
(129
)
 
(21
)
 
(102
)
 
60

 
 
(1,546
)
Depreciation and amortization
(166
)
 
(135
)
 
—

 
(43
)
 
(13
)
 
(11
)
 
(4
)
 
 
(372
)
Other income (expense), net
28

 
33

 
—

 
93

 
—

 
—

 
(2
)
 
 
152

Income (loss) before interest and tax(1)
276

 
311

 
—

 
229

 
(9
)
 
(9
)
 
(28
)
 
 
770

Net interest (expense) income
(51
)
 
(27
)
 
—

 
(15
)
 
(3
)
 
5

 
(86
)
 
 
(177
)
Income tax (expense) benefit
(56
)
 
(59
)
 
—

 
(155
)
 
7

 
(12
)
 
33

 
 
(242
)
Equity earnings (losses), net
—

 
—

 
15

 
(41
)
 
5

 
—

 
—

 
 
(21
)
Losses attributable to noncontrolling interests
1

 
—

 
—

 
2

 
21

 
—

 
—

 
 
24

Preferred dividends
—

 
—

 
—

 
—

 
—

 
—

 
(28
)
 
 
(28
)
Earnings (losses) from continuing operations
$
170

 
$
225

 
$
15

 
$
20

 
$
21

 
$
(16
)
 
$
(109
)
 
 
326

Earnings from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
21

Earnings attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
347

(1)
Management believes Income (Loss) Before Interest and 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)
Amounts have been retrospectively adjusted for discontinued operations.