EX-99 12 nfg-20130331xex99.htm EX-99 2013 10Q Q2 Exhibit 99

 

 

 

 

 

 

 

 

Exhibit 99

 

 

 

 

 

 

 

 

 

 

 

 

 

NATIONAL FUEL GAS

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve Months Ended

 

 

 

March 31

(Thousands of Dollars)

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME

 

 

 

 

 

 

Operating Revenues

 

$

1,692,801 

 

$

1,651,745 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

Purchased Gas

 

 

406,595 

 

 

499,829 

Operation and Maintenance

 

 

413,325 

 

 

404,454 

Property, Franchise and Other Taxes

 

 

82,930 

 

 

88,074 

Depreciation, Depletion and Amortization

 

 

298,193 

 

 

238,901 

 

 

 

1,201,043 

 

 

1,231,258 

 

 

 

 

 

 

 

Operating Income

 

 

491,758 

 

 

420,487 

 

 

 

 

 

 

 

Other Income (Expense):

 

 

 

 

 

 

Interest Income

 

 

3,918 

 

 

3,261 

Other Income

 

 

4,645 

 

 

6,621 

Interest Expense on Long-Term Debt

 

 

(87,170)

 

 

(74,516)

Other Interest Expense

 

 

(3,809)

 

 

(3,723)

 

 

 

 

 

 

 

Income Before Income Taxes

 

 

409,342 

 

 

352,130 

 

 

 

 

 

 

 

Income Tax Expense

 

 

163,692 

 

 

139,792 

 

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

245,650 

 

$

212,338 

 

 

 

 

 

 

 

Earnings Per Common Share:

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

2.95 

 

$

2.56 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

2.93 

 

$

2.54 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding:

 

 

 

 

 

 

Used in Basic Calculation

 

 

83,355,109 

 

 

82,852,270 

 

 

 

 

 

 

 

Used in Diluted Calculation

 

 

83,928,901 

 

 

83,747,858