EX-99 11 dex99.htm EXHIBIT 99 Exhibit 99

 

Exhibit 99

DOMINION RESOURCES, INC.

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
September 30, 2010
 
(millions, except per share amounts)       

Operating Revenue

   $ 14,627  

Operating Expenses

     9,736  
        

Income from operations

     4,891  

Other income

     167  

Interest and related charges

     833  
        

Income before income tax expense including noncontrolling interests

   $ 4,225  

Income tax expense

     1,632  
        

Net income including noncontrolling interests

     2,593  

Loss from discontinued operations (including income tax benefit of $45)

     (74 )

Noncontrolling interests

     17  
        

Net income attributable to Dominion

   $ 2,502  
        

Amounts attributable to Dominion:

  

Income from continuing operations

   $ 2,576   

Loss from discontinued operations

     (74 )
        

Net income attributable to Dominion

   $ 2,502   
        

Earnings Per Common Share – Basic

  

Income from continuing operations

   $ 4.37  

Loss from discontinued operations

     (0.12 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 4.22  
        

Earnings Per Common Share – Diluted

  

Income from continuing operations

   $ 4.36  

Loss from discontinued operations

     (0.12 )

Noncontrolling interests

     (0.03 )
        

Net income attributable to Dominion

   $ 4.21  
        


 

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT

(Unaudited)

 

     Twelve Months
Ended
September 30, 2010
 
(millions)       

Operating Revenue

   $ 6,673  

Operating Expenses

     5,774  
        

Income from operations

     899  

Other income

     106  

Interest and related charges

     345  
        

Income before income tax expense

     660  

Income tax expense

     230  
        

Net Income

     430  

Preferred dividends

     17  
        

Balance available for common stock

   $ 413