Dominion Power 2007 Annual Report Download - page 29

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Dominion 2007 Annual Report 27
Reconciliation of Operating ROIC to Reported ROIC
2006 2007
Millions % Millions %
Invested capital—operating—13 mos. average $ 32,886 $ 29,113
Accumulated other comprehensive loss—13 mos. average (1,430) (190)
Invested capital—reported—13 mos. average* 31,456 28,923
Operating Earnings—Twelve months ended** 1,781 1,678
Reported Earnings—Twelve months ended 1,380 2,539
Interest and related charges—operating (after-tax) 646 589
Charges related to debt tender offer (after-tax) — 143
Interest and related charges—reported (after-tax) 646 732
Operating Earnings & Interest and related charges (after-tax)—
Twelve months ended 2,427 2,267
Return on invested capital—operating 7.4% 7.8%
Reported Earnings & Interest and related charges (after-tax)—
Twelve months ended 2,026 3,271
Return on invested capital—reported 6.4% 11.3%
* Comprised of total debt, subsidiary preferred stock, and common shareholders’ equity.
** See Reconciliation of Operating Earnings to Reported Earnings.
For factors that could cause actual results to differ, see
Forward-Looking Statements
,
Risk Factors
and
Market Risk Sensitive Instruments and Risk Management
in
Management’s Discussion and Analysis of
Financial Condition and Results of Operations
.