EX-99 12 nfg-20130630xex99.htm EX-99 2013 10Q Q3 Exhibit 99

 

 

 

 

 

 

 

 

Exhibit 99

 

 

 

 

 

 

 

 

 

 

 

 

 

NATIONAL FUEL GAS

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve Months Ended

 

 

 

June 30

(Thousands of Dollars)

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME

 

 

 

 

 

 

Operating Revenues

 

$

1,803,948 

 

$

1,599,626 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

Purchased Gas

 

 

451,599 

 

 

437,264 

Operation and Maintenance

 

 

428,073 

 

 

402,227 

Property, Franchise and Other Taxes

 

 

83,700 

 

 

88,326 

Depreciation, Depletion and Amortization

 

 

312,108 

 

 

255,835 

 

 

 

1,275,480 

 

 

1,183,652 

 

 

 

 

 

 

 

Operating Income

 

 

528,468 

 

 

415,974 

 

 

 

 

 

 

 

Other Income (Expense):

 

 

 

 

 

 

Interest Income

 

 

3,845 

 

 

3,327 

Other Income

 

 

4,723 

 

 

5,893 

Interest Expense on Long-Term Debt

 

 

(88,639)

 

 

(78,168)

Other Interest Expense

 

 

(4,285)

 

 

(3,392)

 

 

 

 

 

 

 

Income Before Income Taxes

 

 

444,112 

 

 

343,634 

 

 

 

 

 

 

 

Income Tax Expense

 

 

183,151 

 

 

135,003 

 

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

260,961 

 

$

208,631 

 

 

 

 

 

 

 

Earnings Per Common Share:

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

3.13 

 

$

2.51 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

Net Income Available for Common Stock

 

$

3.10 

 

$

2.49 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding:

 

 

 

 

 

 

Used in Basic Calculation

 

 

83,437,479 

 

 

82,986,564 

 

 

 

 

 

 

 

Used in Diluted Calculation

 

 

84,147,383 

 

 

83,717,869