Dominion Power 2007 Annual Report Download - page 110

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Notes to Consolidated Financial Statements, Continued
The following table presents segment information pertaining to our operations:
Year Ended December 31, DVP
Dominion
Energy
Dominion
Generation
Corporate
and
Other
Adjustments &
Eliminations
Consolidated
Total
(millions)
2007
Total revenue from external customers $2,757 $1,970 $7,606 $2,089 $ 1,252 $15,674
Intersegment revenue 140 1,525 135 596 (2,396) —
Total operating revenue 2,897 3,495 7,741 2,685 (1,144) 15,674
Depreciation, depletion and amortization 300 243 363 465 (3) 1,368
Equity in earnings of equity method investees 113 15 6 — 35
Interest income 14 32 67 172 (140) 145
Interest and related charges 147 109 264 795 (140) 1,175
Income tax expense 263 241 494 785 — 1,783
Extraordinary item, net of tax — — — (158) — (158)
Loss from discontinued operations, net of tax — — — (8) — (8)
Net income 415 387 756 981 — 2,539
Investment in equity method investees 6 97 181 47 — 331
Capital expenditures 564 937 1,026 1,445 — 3,972
Total assets (billions) 8.4 9.4 16.9 13.6 (9.2) 39.1
2006
Total revenue from external customers $2,514 $2,313 $6,971 $3,564 $ 935 $16,297
Intersegment revenue 76 1,218 137 621 (2,052) —
Total operating revenue 2,590 3,531 7,108 4,185 (1,117) 16,297
Depreciation, depletion and amortization 294 197 311 758 (3) 1,557
Equity in earnings of equity method investees 112 18 6 — 37
Interest income 11 26 65 100 (87) 115
Interest and related charges 143 118 259 595 (87) 1,028
Income tax expense 263 232 351 81 — 927
Loss from discontinued operations, net of tax — — — (150) — (150)
Net income 411 347 537 85 — 1,380
Investment in equity method investees 6 98 119 66 — 289
Capital expenditures 523 493 1,018 2,018 — 4,052
Total assets (billions) 7.8 8.4 16.1 25.2 (8.2) 49.3
2005
Total revenue from external customers $2,357 $2,783 $8,035 $3,320 $ 1,314 $17,809
Intersegment revenue 56 1,365 203 502 (2,126) —
Total operating revenue 2,413 4,148 8,238 3,822 (812) 17,809
Depreciation, depletion and amortization 282 180 351 548 (2) 1,359
Equity in earnings of equity method investees 113 21 8 — 43
Interest income 6 17 61 146 (138) 92
Interest and related charges 156 104 264 558 (138) 944
Income tax expense (benefit) 233 230 224 (114) — 573
Income from discontinued operations, net of tax —— — 6 — 6
Cumulative effect of change in accounting principle, net of tax — — — (6) — (6)
Net income (loss) 378 362 416 (123) — 1,033
At December 31, 2007, none of our long-lived assets and no significant percentage of our operating revenues were associated with inter-
national operations. As of December 31, 2006, approximately 2% of our total long-lived assets were associated with international oper-
ations. For the years ended December 31, 2006 and 2005, approximately 1% of our operating revenues were associated with international
operations.
108 Dominion 2007 Annual Report