Duke Energy 2014 Annual Report Download - page 119
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99
PART II
DUKE ENERGY INDIANA, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
Years Ended December 31,
(in millions) 2014 2013 2012
Operating Revenues $ 3,175 $ 2,926 $ 2,717
Operating Expenses
Fuel used in electric generation and purchased power 1,259 1,131 1,088
Operation, maintenance and other 670 649 655
Depreciation and amortization 413 342 389
Property and other taxes 128 71 81
Impairment charges —— 579
Total operating expenses 2,470 2,193 2,792
Operating Income (Loss) 705 733 (75)
Other Income and Expenses, net 22 18 90
Interest Expense 171 170 138
Income (Loss) Before Income Taxes 556 581 (123)
Income Tax Expense (Benefi t) 197 223 (73)
Net Income (Loss) 359 358 (50)
Other Comprehensive Loss, net of tax
Reclassifi cation into earnings from cash fl ow hedges —(2) (2)
Comprehensive Income (Loss) $ 359 $ 356 $ (52)
See Notes to Consolidated Financial Statements