Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Restated)
Gas Operations 172.97 100.35 131.60 355.33 295.26
Revenue 172.97 100.35 131.60 355.33 295.26
Other Non-Utility Revenue 788.08 432.54 746.96 1,323.89 911.03
Other Revenue, Total 788.08 432.54 746.96 1,323.89 911.03
Total Revenue 961.05 532.89 878.55 1,679.21 1,206.29
Fuel Purchased for Resale -- -- -- -- --
Cost of Revenue 59.45 42.94 57.38 102.06 94.10
Cost of Revenue, Total 59.45 42.94 57.38 102.06 94.10
Fuel Expense 183.70 171.71 228.38 274.43 257.44
Operations & Maintenance -- -- -- -- --
Selling/General/Administrative Expense 33.41 30.73 82.47 122.05 113.82
Labor & Related Expense 51.42 64.96 66.66 -- --
Selling/General/Administrative Expenses, Total 84.82 95.69 149.13 122.05 113.82
Research & Development 10.08 5.42 14.88 28.09 14.04
Depreciation 483.38 447.96 593.79 548.56 452.88
Depreciation/Amortization 483.38 447.96 593.79 548.56 452.88
Impairment-Assets Held for Use 1.67 220.65 1,292.31 416.80 13.91
Other Unusual Expense (Income) -13.01 -246.92 -26.57 2.64 0.98
Unusual Expense (Income) -11.34 -26.27 1,265.74 419.44 14.89
Property & Other Taxes -- -- -- -- --
Other Operating Expense 5.83 6.67 7.11 7.61 7.00
Other Operating Expenses, Total 5.83 6.67 7.11 7.61 7.00
Total Operating Expense 815.91 744.12 2,316.41 1,502.25 954.16
Operating Income 145.14 -211.23 -1,437.85 176.96 252.14
Interest Expense - Non-Operating -38.37 -37.00 -43.11 -37.77 -39.74
Interest Capitalized - Non-Operating 0.00 0.10 0.00 -- --
Interest Expense, Net Non-Operating -38.37 -36.90 -43.11 -37.77 -39.74
Interest Income (Expense), Net-Non-Operating, Total -38.37 -36.90 -43.11 -37.77 -39.74
Other Non-Operating Income (Expense) 0.62 0.98 0.22 1.18 3.80
Other, Net 0.62 0.98 0.22 1.18 3.80
Net Income Before Taxes 107.39 -247.15 -1,480.74 140.37 216.20
Income Tax – Total 48.40 -79.64 -535.01 40.73 74.32
Income After Tax 58.98 -167.51 -945.73 99.64 141.88
Net Income Before Extraordinary Items 58.98 -167.51 -945.73 99.64 141.88
Discontinued Operations -- 0.00 0.00 468.39 62.67
Extraordinary Item 247.84 -- -- -- --
Total Extraordinary Items 247.84 0.00 0.00 468.39 62.67
Net Income 306.83 -167.51 -945.73 568.03 204.55
Income Available to Common Excluding Extraordinary Items 58.98 -167.51 -945.73 99.64 141.88
Income Available to Common Stocks Including Extraordinary Items 306.83 -167.51 -945.73 568.03 204.55
Basic Weighted Average Shares 97.18 94.48 76.08 72.90 72.32
Basic EPS Excluding Extraordinary Items 0.61 -1.77 -12.43 1.37 1.96
Basic EPS Including Extraordinary Items 3.16 -1.77 -12.43 7.79 2.83
Dilution Adjustment -- -- -- 0.00 0.00
Diluted Net Income 306.83 -167.51 -945.73 568.03 204.55
Diluted Weighted Average Shares 97.71 94.48 76.08 73.27 72.47
Diluted EPS Excluding Extraordinary Items 0.60 -1.77 -12.43 1.36 1.96
Diluted EPS Including Extraordinary Items 3.14 -1.77 -12.43 7.75 2.82
DPS - Common Stock Primary Issue -- -- 0.06 0.47 0.58
Gross Dividends - Common Stock 0.00 0.00 6.07 34.30 41.99
Total Special Items -11.34 -26.27 1,265.74 419.44 14.89
Normalized Income Before Taxes 96.05 -273.42 -215.00 559.81 231.09
Effect of Special Items on Income Taxes -5.11 -9.19 443.01 121.70 5.12
Income Taxes Excluding Impact of Special Items 43.29 -88.83 -92.00 162.43 79.44
Normalized Income After Taxes 52.76 -184.59 -123.00 397.39 151.65
Normalized Income Available to Common 52.76 -184.59 -123.00 397.39 151.65
Basic Normalized EPS 0.54 -1.95 -1.62 5.45 2.10
Diluted Normalized EPS 0.54 -1.95 -1.62 5.42 2.09
Depreciation, Supplemental 483.38 447.96 593.79 548.56 452.88
Interest Expense, Supplemental 38.37 36.90 43.11 37.77 39.74
Interest Capitalized, Supplemental 0.00 -0.10 0.00 -- --
Rental Expense, Supplemental 20.80 22.60 23.70 24.10 25.00
Stock-Based Compensation, Supplemental 15.40 19.64 8.03 11.33 13.62
Research & Development Expense, Supplemental 10.08 5.42 14.88 28.09 14.04
Audit-Related Fees, Supplemental 1.40 1.29 1.45 1.99 1.84
Audit-Related Fees 0.06 0.09 0.25 1.55 0.22
Tax Fees, Supplemental 0.17 0.10 0.21 0.07 0.10
All Other Fees Paid to Auditor, Supplemental 0.00 -- 0.00 0.00 0.00
Operating Margin 15.10 -39.64 -163.66 10.54 20.90
Pretax Margin 11.17 -46.38 -168.54 8.36 17.92
Effective Tax Rate 45.07 -- -- 29.01 34.38
Net Profit Margin 6.14 -31.43 -107.65 5.93 11.76
Normalized EBIT 133.80 -237.50 -172.11 596.40 267.02
Normalized EBITDA 617.17 210.46 421.68 1,144.97 719.90
Current Tax - Domestic -92.24 -23.28 -- -- --
Current Tax - Local 0.53 0.83 -- -- --
Current Tax - Total -91.70 -22.45 -- -- --
Deferred Tax - Domestic 134.43 -62.21 -- -- --
Deferred Tax - Local 5.68 5.01 -- -- --
Deferred Tax - Total 140.11 -57.19 -- -- --
Income Tax - Total 48.40 -79.64 -- -- --
Interest Cost - Domestic 0.00 0.00 0.82 4.50 4.50
Service Cost - Domestic 0.00 0.00 0.00 6.81 5.20
Prior Service Cost - Domestic -- 0.00 0.00 0.20 0.25
Expected Return on Assets - Domestic -- 0.00 0.00 -4.39 -5.23
Actuarial Gains and Losses - Domestic -- 0.00 0.74 5.00 6.92
Curtailments & Settlements - Domestic 0.00 3.33 29.77 6.81 0.16
Transition Costs - Domestic -- -- -- -- --
Domestic Pension Plan Expense 0.00 3.33 31.32 18.93 11.79
Interest Cost - Post-Retirement 0.23 0.22 0.47 0.66 0.65
Service Cost - Post-Retirement 0.07 0.09 0.00 0.25 0.39
Prior Service Cost - Post-Retirement 0.45 0.47 -- -- --
Expected Return on Assets - Post-Retirement -0.25 -0.32 -0.46 -1.12 -0.79
Actuarial Gains and Losses - Post-Retirement 0.00 0.00 0.00 -0.65 -0.03
Curtailments & Settlements - Post-Retirement 0.00 -0.86 -- -- --
Transition Costs - Post-Retirement 0.00 0.00 0.00 0.04 0.23
Post-Retirement Plan Expense 0.50 -0.40 0.01 -0.82 0.45
Total Pension Expense 0.50 2.93 31.33 18.11 12.23
Discount Rate - Domestic 0.00 0.00 0.96 3.66 3.63
Discount Rate - Post-Retirement 4.30 4.37 4.25 4.88 4.36
Expected Rate of Return - Domestic -- 0.00 0.00 7.00 7.00
Expected Rate of Return - Post-Retirement 4.30 4.96 6.20 7.00 7.00
Compensation Rate - Domestic -- 0.00 0.00 3.63 3.71
Compensation Rate - Post-Retirement -- 0.00 0.00 3.60 3.70
Total Plan Interest Cost 0.23 0.22 1.28 5.16 5.14
Total Plan Service Cost 0.07 0.09 0.00 7.06 5.58
Total Plan Expected Return -0.25 -0.32 -0.46 -5.51 -6.01
Crude Oil, Avg. Production (Barrels/Day) 46,400.00 36,100.00 38,400.00 32,400.00 28,400.00
Crude Oil Production (Barrels) 16,951,000.00 13,213,000.00 14,023,000.00 11,814,000.00 10,364,000.00
Gas Liquids, Average Production (Barrels/Day) 14,290.00 9,523.81 11,904.76 11,904.76 9,523.81
Gas Liquids Production (Barrels) 5,254,760.00 892,857.14 4,064,285.71 4,102,380.95 3,233,333.33
Natural Gas, Average Production (Cubic Meters/Day) 2,602,608.00 2,104,176.00 2,761,200.00 4,548,192.00 4,508,544.00
Natural Gas, Average Sales Price per Cubic Meter 0.08 0.07 0.08 0.15 0.12
Natural Gas Production (Cubic Meters) 949,512,960.00 770,417,280.00 1,008,305,280.00 1,659,608,640.00 1,645,505,280.00
Oil Equivalent Production (Barrels/Day) 76,100.00 59,100.00 65,800.00 70,400.00 63,800.00
Exploration and Development Costs 911.64 439.09 1,021.94 1,381.11 1,090.99

In millions of USD (except for per share items)

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