XML 46 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues $ 372.9 $ 390.1 $ 867.4 $ 850.4
Cost of revenues:        
Fuel 54.4 60.8 130.8 150.8
Purchased power 120.6 138.4 314.8 312.5
Amortization of intangibles 0.0 0.3 0.0 0.6
Total cost of revenues 175.0 199.5 445.6 463.9
Gross margin 197.9 190.6 421.8 386.5
Operating expenses:        
Operation and maintenance 88.4 96.0 180.1 200.7
Depreciation and amortization 34.3 33.9 69.3 69.2
General taxes 22.9 21.5 47.0 49.1
Goodwill impairment 0.0 0.0 0.0 135.8
Fixed-asset impairment 0.0 0.0 0.0 11.5
Other (0.8) (0.3) (0.3) 1.4
Total operating expenses 144.8 151.1 296.1 467.7
Operating income / (loss) 53.1 39.5 125.7 (81.2)
Other income / (expense), net        
Investment income / (loss) 0.2 0.0 0.0 0.4
Interest expense (30.9) (31.9) (61.4) (62.7)
Other expense (0.2) (1.9) (0.7) (1.0)
Total other expense, net (30.9) (33.8) (62.1) (63.3)
Earnings / (loss) before income taxes 22.2 5.7 63.6 (144.5)
Income tax expense / (benefit) 0.5 (28.1) 13.2 70.7
Net income / (loss) 21.7 33.8 50.4 (215.2)
THE DAYTON POWER AND LIGHT COMPANY [Member]        
Revenues 352.1 365.5 813.4 797.6
Cost of revenues:        
Fuel 50.6 58.6 119.9 142.9
Purchased power 120.1 136.9 309.8 304.9
Total cost of revenues 170.7 195.5 429.7 447.8
Gross margin 181.4 170.0 383.7 349.8
Operating expenses:        
Operation and maintenance 83.2 84.6 167.1 180.0
Depreciation and amortization 34.2 35.3 68.9 71.8
General taxes 21.9 20.5 44.9 46.9
Other 0.0 1.1 0.4 1.4
Total operating expenses 139.3 141.5 281.3 300.1
Operating income / (loss) 42.1 28.5 102.4 49.7
Other income / (expense), net        
Investment income / (loss) 0.3 0.1 0.2 0.4
Interest expense (9.0) (8.3) (17.7) (16.1)
Other expense (0.1) (0.4) (0.3) (0.7)
Total other expense, net (8.8) (8.6) (17.8) (16.4)
Earnings / (loss) before income taxes 33.3 19.9 84.6 33.3
Income tax expense / (benefit) 9.4 6.0 24.2 10.0
Net income / (loss) 23.9 13.9 60.4 23.3
Dividends on preferred stock 0.2 0.2 0.4 0.4
Income attributable to common stock $ 23.7 $ 13.7 $ 60.0 $ 22.9