EX-99 3 ex992.htm EXHIBIT 99.2 Exhibit 99.2



Exhibit 99.2

SEMPRA ENERGY

 

 

 

Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Business Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $        773

 

 $          662

 

 $            24

 

 $         250

 

 $           98

 

 $           68

 

 $           (22)

 

 

 $ 1,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

         (520)

 

            (457)

 

             (23)

 

          (167)

 

            (74)

 

            (60)

 

                (2)

 

 

  (1,303)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

           (81)

 

             (73)

 

                  -

 

            (14)

 

            (13)

 

            (10)

 

                (5)

 

 

    (196)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             105

 

                4

 

              18

 

                -

 

                (4)

 

 

      123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

              1

 

               (1)

 

                  -

 

              (1)

 

                -

 

                -

 

                25

 

 

        24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

          173

 

             131

 

             106

 

              72

 

              29

 

              (2)

 

                (8)

 

 

      501

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (2)

 

           (30)

 

             (15)

 

               (1)

 

                1

 

              (4)

 

              (8)

 

              (36)

 

 

      (93)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (53)

 

             (42)

 

             (30)

 

            (30)

 

                9

 

              10

 

                  8

 

 

    (128)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              20

 

                -

 

                   -

 

 

        20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

            18

 

                 -

 

                  -

 

                -

 

                -

 

                -

 

                (1)

 

 

        17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        108

 

 $            74

 

 $            75

 

 $           43

 

 $           54

 

 $              -

 

 $           (37)

 

 

 $    317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $        949

 

 $       1,077

 

 $            13

 

 $         498

 

 $         127

 

 $           49

 

 $           (21)

 

 

 $ 2,692

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

         (689)

 

            (879)

 

             (15)

 

          (349)

 

          (112)

 

            (31)

 

              (11)

 

 

  (2,086)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

           (68)

 

             (67)

 

                  -

 

            (14)

 

              (5)

 

              (6)

 

                (2)

 

 

    (162)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

               (4)

 

                8

 

              10

 

                -

 

                (4)

 

 

        10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

              3

 

               (1)

 

                  -

 

              (1)

 

              (2)

 

              (2)

 

              (18)

 

 

      (21)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (1)

 

          195

 

             130

 

               (6)

 

            142

 

              18

 

              10

 

              (56)

 

 

      433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (2)

 

           (25)

 

             (12)

 

               (3)

 

              (2)

 

                2

 

              (3)

 

              (14)

 

 

      (57)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

           (54)

 

             (41)

 

                 1

 

            (46)

 

              (5)

 

              (3)

 

                54

 

 

      (94)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              18

 

                -

 

                   -

 

 

        18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Losses Attributable to Noncontrolling Interests

 

              7

 

                 -

 

                  -

 

                -

 

                1

 

                -

 

                   -

 

 

          8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        123

 

 $            77

 

 $            (8)

 

 $           94

 

 $           34

 

 $             4

 

 $           (16)

 

 

 $    308

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' 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) Net Interest (Expense) Income includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.






SEMPRA ENERGY

 

 

 

Table F (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations Data by Business Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $     2,136

 

 $       2,276

 

 $            50

 

 $         792

 

 $         328

 

 $         125

 

 $           (57)

 

 

 $ 5,650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

       (1,437)

 

         (1,698)

 

             (49)

 

          (551)

 

          (378)

(1)

          (142)

 

              (10)

 

 

  (4,265)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

         (239)

 

            (220)

 

                  -

 

            (43)

 

            (32)

 

            (23)

 

              (11)

 

 

    (568)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             384

 

              (2)

 

              39

 

                -

 

              (10)

 

 

      411

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income, Net

 

            45

 

                4

 

                  -

 

                -

 

                -

 

                1

 

                47

 

 

        97

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          505

 

             362

 

             385

 

            196

 

            (43)

 

            (39)

 

              (41)

 

 

    1,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Expense (3)

 

           (78)

 

             (49)

 

               (7)

 

              (1)

 

            (10)

 

            (12)

 

              (91)

 

 

    (248)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

         (141)

 

            (115)

 

           (104)

 

            (76)

 

              26

 

              32

 

                51

 

 

    (327)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                  -

 

                -

 

              59

 

                -

 

                  -

 

 

        59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Earnings) Losses Attributable to Noncontrolling Interests

 

             (9)

 

                 -

 

                  -

 

                -

 

              32

 

                -

 

                (1)

 

 

        22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        277

 

 $          198

 

 $           274

 

 $         119

 

 $           64

 

 $         (19)

 

 $           (82)

 

 

 $    831

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

SDG&E

 

SoCalGas

 

Commodities

 

Generation

 

Pipelines & Storage

 

LNG

 

Consolidating Adjustments, Parent & Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

 $     2,449

 

 $       3,776

 

 $           486

 

 $       1,426

 

 $         338

 

 $           44

 

 $           (54)

 

 

 $ 8,465

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Sales and Other Expenses

 

       (1,796)

 

         (3,225)

 

           (410)

 

       (1,131)

 

          (314)

 

            (75)

 

              (18)

 

 

  (6,969)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation & Amortization

 

         (223)

 

            (209)

 

               (6)

 

            (42)

 

            (10)

 

              (8)

 

              (10)

 

 

    (508)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains (Losses) on Sale of Assets

 

              3

 

                 -

 

             110

 

                2

 

                -

 

                -

 

                (1)

 

 

      114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings (Losses) Recorded Before Income Tax

 

               -

 

                 -

 

             142

 

              10

 

              30

 

                -

 

              (11)

 

 

      171

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Income (Expense), Net

 

            26

 

                1

 

                  -

 

                1

 

                1

 

              13

 

              (12)

 

 

        30

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Interest & Tax (2)

 

          459

 

             343

 

             322

 

            266

 

              45

 

            (26)

 

            (106)

 

 

    1,303

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest (Expense) Income (3)

 

           (72)

 

             (36)

 

             (12)

 

              (6)

 

                4

 

              (5)

 

                (9)

 

 

    (136)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax (Expense) Benefit

 

         (121)

 

            (117)

 

           (132)

 

            (98)

 

            (20)

 

              (2)

 

                67

 

 

    (423)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity Earnings Recorded Net of Income Tax

 

               -

 

                 -

 

                 3

 

                -

 

              54

 

                -

 

                  -

 

 

        57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses) Attributable to Noncontrolling Interests

 

             (8)

 

                 -

 

                  -

 

                -

 

                1

 

                -

 

                  -

 

 

        (7)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Losses)

 

 $        258

 

 $          190

 

 $           181

 

 $         162

 

 $           84

 

 $         (33)

 

 $           (48)

 

 

 $    794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Includes $132 million write-off of long-lived assets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) Management believes "Income (Loss) before Interest & Tax" is a useful measurement of our business units' 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Net Interest (Expense) Income includes Interest Income, Interest Expense and Preferred Dividends of Subsidiaries.