EX-99 12 d720537dex99.htm EX-99 EX-99

Exhibit 99

DOMINION RESOURCES, INC.

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
March 31, 2014
 
(millions, except per share amounts)       

Operating Revenue

   $ 13,227  

Operating Expenses

     10,073  
  

 

 

 

Income from operations

     3,154  

Other income

     218  

Interest and related charges

     886  
  

 

 

 

Income before income tax expense including noncontrolling interests

   $ 2,486  

Income tax expense

     790  
  

 

 

 

Net income including noncontrolling interests

     1,696  

Loss from discontinued operations (including income tax benefit of $43)

     (92

Noncontrolling interests

     23  
  

 

 

 

Net income attributable to Dominion

   $ 1,581  
  

 

 

 

Amounts attributable to Dominion:

  

Income from continuing operations

   $ 1,673  

Loss from discontinued operations

     (92
  

 

 

 

Net income attributable to Dominion

   $ 1,581  
  

 

 

 

Earnings Per Common Share – Basic and Diluted

  

Income from continuing operations

   $ 2.92   

Loss from discontinued operations

     (0.16

Noncontrolling interests

     (0.04 )
  

 

 

 

Net income attributable to Dominion

   $ 2.72   
  

 

 

 


VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
March 31, 2014
 
(millions)       

Operating Revenue

   $ 7,498   

Operating Expenses

     5,334  
  

 

 

 

Income from operations

     2,164  

Other income

     76  

Interest and related charges

     383  
  

 

 

 

Income before income tax expense

     1,857  

Income tax expense

     682  
  

 

 

 

Net Income

     1,175  

Preferred dividends

     18  
  

 

 

 

Balance available for common stock

   $ 1,157