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Income Statement
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- Earnings (5/18/15 *Est.)

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ED Income Statement

Click line-items for a historical chart and %
OPERATING REVENUES
Electric 2.14B
Gas 732M
Steam 375M
Non-utility 374M
TOTAL OPERATING REVENUES 3.62B
OPERATING EXPENSES
Purchased power 884M
Fuel 154M
Gas purchased for resale 262M
Other operations and maintenance 814M
Depreciation and amortization 279M
Taxes, other than income taxes 497M
TOTAL OPERATING EXPENSES 2.89B
OPERATING INCOME 726M
OTHER INCOME (DEDUCTIONS)
Investment and other income 5M
Allowance for equity funds used during construction 1M
Other deductions -2M
TOTAL OTHER INCOME (DEDUCTIONS) 4M
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 730M
INTEREST EXPENSE
Interest on long-term debt 156M
Other interest 4M
Allowance for borrowed funds used during construction -1M
NET INTEREST EXPENSE 161M
INCOME BEFORE INCOME TAX EXPENSE 569M
INCOME TAX EXPENSE 199M
NET INCOME
Preferred stock dividend requirements of subsidiary
Cumulative preferred dividends
NET INCOME FOR COMMON STOCK 370M
Net income for common stock per common share-basic 1.26
Net income for common stock per common share-diluted 1.26
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK 0.65
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (IN MILLIONS) 292.9M
AVERAGE NUMBER OF SHARES OUTSTANDING-DILUTED (IN MILLIONS) 293.9M
CECONY [Member]
OPERATING REVENUES
Electric 1.98B
Gas 655M
Steam 375M
TOTAL OPERATING REVENUES 3.01B
OPERATING EXPENSES
Purchased power 539M
Fuel 154M
Gas purchased for resale 198M
Other operations and maintenance 703M
Depreciation and amortization 257M
Taxes, other than income taxes 475M
TOTAL OPERATING EXPENSES 2.33B
OPERATING INCOME 684M
OTHER INCOME (DEDUCTIONS)
Investment and other income 2M
Allowance for equity funds used during construction 1M
Other deductions -2M
TOTAL OTHER INCOME (DEDUCTIONS) 1M
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 685M
INTEREST EXPENSE
Interest on long-term debt 141M
Other interest
Allowance for borrowed funds used during construction 0
NET INTEREST EXPENSE 145M
INCOME BEFORE INCOME TAX EXPENSE 540M
INCOME TAX EXPENSE 192M
NET INCOME
Cumulative preferred dividends
NET INCOME FOR COMMON STOCK 348M