EX-99.2 3 ex99_2q22019earningstablef.htm EXHIBIT 99.2 Exhibit
Exhibit 99.2


 
         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,094

 
$
806

 
$
—

 
$
318

 
$
3

 
$
86

 
$
(77
)
 
 
$
2,230

Cost of sales and other expenses
(642
)
 
(599
)
 
—

 
(130
)
 
(9
)
 
(88
)
 
56

 
 
(1,412
)
Depreciation and amortization
(189
)
 
(148
)
 
—

 
(46
)
 
—

 
(3
)
 
(3
)
 
 
(389
)
Gain on sale of assets
—

 
—

 
—

 
—

 
61

 
—

 
5

 
 
66

Other income (expense), net
19

 
1

 
—

 
17

 
—

 
—

 
(9
)
 
 
28

Income (loss) before interest and tax(1)
282

 
60

 
—

 
159

 
55

 
(5
)
 
(28
)
 
 
523

Net interest (expense) income
(101
)
 
(33
)
 
—

 
(10
)
 
1

 
13

 
(107
)
 
 
(237
)
Income tax (expense) benefit
(35
)
 
4

 
—

 
(44
)
 
(14
)
 
(2
)
 
44

 
 
(47
)
Equity earnings (losses), net
—

 
—

 
113

 
4

 
2

 
—

 
(1
)
 
 
118

(Earnings) losses attributable to noncontrolling interests
(3
)
 
—

 
—

 
(36
)
 
2

 
—

 
—

 
 
(37
)
Preferred dividends
—

 
(1
)
 
—

 
—

 
—

 
—

 
(35
)
 
 
(36
)
Earnings (losses) from continuing operations
$
143

 
$
30

 
$
113

 
$
73

 
$
46

 
$
6

 
$
(127
)
 
 
284

Earnings from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
70

Earnings attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
354

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2018(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
1,051

 
$
772

 
$
—

 
$
310

 
$
40

 
$
79

 
$
(77
)
 
 
$
2,175

Cost of sales and other expenses
(667
)
 
(565
)
 
—

 
(123
)
 
(23
)
 
(91
)
 
54

 
 
(1,415
)
Depreciation and amortization
(169
)
 
(138
)
 
—

 
(43
)
 
(14
)
 
(11
)
 
(2
)
 
 
(377
)
Impairment losses
—

 
—

 
—

 
—

 
—

 
(1,300
)
 
—

 
 
(1,300
)
Other income (expense), net
25

 
13

 
—

 
(95
)
 
—

 
—

 
1

 
 
(56
)
Income (loss) before interest and tax(1)
240

 
82

 
—

 
49

 
3

 
(1,323
)
 
(24
)
 
 
(973
)
Net interest (expense) income
(52
)
 
(25
)
 
—

 
(14
)
 
(3
)
 
6

 
(122
)
 
 
(210
)
Income tax (expense) benefit
(42
)
 
(23
)
 
—

 
55

 
58

 
506

 
48

 
 
602

Equity earnings (losses), net
—

 
—

 
114

 
71

 
(187
)
 
1

 
(3
)
 
 
(4
)
(Earnings) losses attributable to noncontrolling interests
—

 
—

 
—

 
(64
)
 
20

 
46

 
—

 
 
2

Preferred dividends
—

 
(1
)
 
—

 
—

 
—

 
—

 
(25
)
 
 
(26
)
Earnings (losses) from continuing operations
$
146

 
$
33

 
$
114

 
$
97

 
$
(109
)
 
$
(764
)
 
$
(126
)
 
 
(609
)
Earnings from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
48

Losses attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
(561
)
(1)
Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(2)
Amounts have been retrospectively adjusted for discontinued operations.


Exhibit 99.2


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,239

 
$
2,167

 
$
—

 
$
701

 
$
10

 
$
227

 
$
(216
)
 
 
$
5,128

Cost of sales and other expenses
(1,339
)
 
(1,512
)
 
—

 
(322
)
 
(20
)
 
(230
)
 
154

 
 
(3,269
)
Depreciation and amortization
(375
)
 
(295
)
 
—

 
(90
)
 
—

 
(5
)
 
(7
)
 
 
(772
)
Gain on sale of assets
—

 
—

 
—

 
—

 
61

 
—

 
5

 
 
66

Other income, net
41

 
17

 
—

 
36

 
—

 
—

 
16

 
 
110

Income (loss) before interest and tax(1)
566

 
377

 
—

 
325

 
51

 
(8
)
 
(48
)
 
 
1,263

Net interest (expense) income
(203
)
 
(67
)
 
—

 
(21
)
 
8

 
23

 
(216
)
 
 
(476
)
Income tax (expense) benefit
(40
)
 
(15
)
 
—

 
(116
)
 
(4
)
 
(6
)
 
92

 
 
(89
)
Equity earnings (losses), net
—

 
—

 
207

 
6

 
5

 
2

 
(1
)
 
 
219

Earnings attributable to noncontrolling interests
(4
)
 
—

 
—

 
(64
)
 
(1
)
 
—

 
—

 
 
(69
)
Preferred dividends
—

 
(1
)
 
—

 
—

 
—

 
—

 
(71
)
 
 
(72
)
Earnings (losses) from continuing operations
$
319

 
$
294

 
$
207

 
$
130

 
$
59

 
$
11

 
$
(244
)
 

776

Earnings from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
19

Earnings attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 

 
$
795

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2018(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
SDG&E
 
SoCalGas
 
Sempra Texas Utilities
 
Sempra Mexico
 
Sempra Renewables
 
Sempra LNG
 
Consolidating Adjustments, Parent & Other
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,106

 
$
1,898

 
$
—

 
$
618

 
$
65

 
$
183

 
$
(159
)
 
 
$
4,711

Cost of sales and other expenses
(1,308
)
 
(1,278
)
 
—

 
(252
)
 
(44
)
 
(193
)
 
114

 
 
(2,961
)
Depreciation and amortization
(335
)
 
(273
)
 
—

 
(86
)
 
(27
)
 
(22
)
 
(6
)
 
 
(749
)
Impairment losses
—

 
—

 
—

 
—

 
—

 
(1,300
)
 
—

 
 
(1,300
)
Other income (expense), net
53

 
46

 
—

 
(2
)
 
—

 
—

 
(1
)
 
 
96

Income (loss) before interest and tax(1)
516

 
393

 
—

 
278

 
(6
)
 
(1,332
)
 
(52
)
 
 
(203
)
Net interest (expense) income
(103
)
 
(52
)
 
—

 
(29
)
 
(6
)
 
11

 
(208
)
 
 
(387
)
Income tax (expense) benefit
(98
)
 
(82
)
 
—

 
(100
)
 
65

 
494

 
81

 
 
360

Equity earnings (losses), net
—

 
—

 
129

 
30

 
(182
)
 
1

 
(3
)
 
 
(25
)
Losses (earnings) attributable to noncontrolling interests
1

 
—

 
—

 
(62
)
 
41

 
46

 
—

 
 
26

Preferred dividends
—

 
(1
)
 
—

 
—

 
—

 
—

 
(53
)
 
 
(54
)
Earnings (losses)
$
316

 
$
258

 
$
129

 
$
117

 
$
(88
)
 
$
(780
)
 
$
(235
)
 
 
(283
)
Earnings from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
69

Losses attributable to common shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
(214
)
(1)
Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(2)
Amounts have been retrospectively adjusted for discontinued operations.