EX-99 6 nfg-3312014xexhibit99.htm EXHIBIT NFG-3.31.2014-Exhibit 99


 
 
 
 
Exhibit 99
 
 
 
 
 
 
 
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
 
 
 
 
 
 
 
 

Twelve Months Ended

March 31,
(Thousands of Dollars)
2014
 
2013








INCOME



Operating Revenues
$
2,085,185


$
1,692,801


 

 
Operating Expenses
 

 
Purchased Gas
619,074


406,595

Operation and Maintenance
457,616


413,325

Property, Franchise and Other Taxes
86,713


82,930

Depreciation, Depletion and Amortization
357,488


298,193


1,520,891


1,201,043


 

 
Operating Income
564,294


491,758


 

 
Other Income (Expense):
 

 
Interest Income
3,760


3,918

Other Income
7,547


4,645

Interest Expense on Long-Term Debt
(91,691)


(87,170)

Other Interest Expense
(4,568)


(3,809)


 

 
Income Before Income Taxes
479,342


409,342


 

 
Income Tax Expense
195,542


163,692


 

 
Net Income Available for Common Stock
$
283,800


$
245,650


 

 
Earnings Per Common Share:
 

 
Basic:
 

 
Net Income Available for Common Stock
$
3.39


$
2.95


 

 
Diluted:
 

 
Net Income Available for Common Stock
$
3.35


$
2.93


 

 
Weighted Average Common Shares Outstanding:
 

 
Used in Basic Calculation
83,687,056


83,355,109


 

 
Used in Diluted Calculation
84,601,418


83,928,901