Dominion Power 2012 Annual Report Download - page 13

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2012SummaryAnnualReport Dominion Resources 15
Consolidated Financial Highlights
Year ended Dec. 31, 2012 2011 % Change
Financial Results (millions)
Operating revenue $ 13,093 $ 14,145 -7.4%
Operating expenses 11,937 11,251 6.1%
Amounts attributable to Dominion:
Income from continuing operations, net of tax 324 1,433 - 7 7.4%
Loss from discontinued operations, net of tax (22) (25) -12.0%
Reported earnings 302 1,408 -78.6%
Operating earnings*1,749 1,719 1.7%
Data per Common Share
Reported earnings $ 0.53 $ 2.45 -78.4%
Operating earnings*$ 3.05 $ 2.99 2.0%
Dividends paid $ 2.11 $ 1.97 7.1%
Market value (intraday high) $ 55.62 $ 53.59 3.8%
Market value (intraday low) $ 48.87 $ 42.06 16.2%
Market value (year-end) $ 51.80 $ 53.08 -2.4%
Book value (year-end) $ 18.34 $ 20.09 -8.7%
Market to book value (year-end) 2.82 2.64 6.8%
Financial Position (millions)
Total assets $ 46,838 $ 45,614 2.7%
Total debt 21,486 20,687 3.9%
Common shareholders’ equity 10,568 11,446 -7.7%
Equity market capitalization 29,842 30,241 -1.3%
Cash Flows (millions)
Net cash provided by operating activities $ 4,137 $ 2,983
Net cash used in investing activities (3,840) (3,321)
Net cash provided by (used in) financing activities (151) 378
Other Statistics (shares in millions)
Common shares outstanding–average, diluted 573.9 574.6
Common shares outstanding–year-end 576.1 569.7
Number of full-time employees 15,500 15,800
*Based on Non-GAAP Financial Measures. See page 22 for GAAP Reconciliations.
** Recast to reflect Salem Harbor and State Line as discontinued operations.
Operating Earnings*
Dollars per Share
*Based on Non-GAAP Financial Measures.
See page 22 for GAAP reconciliations.
2008– 2011 recast to reflect Salem Harbor and
State Line as discontinued operations.
*Does not include Corporate and Other.
08 09 10 11 12
3.09
3.30 3.29
2.99
2012 Operating Earnings Mix*
Regulated
80%
Unregulated
20%
Year-End Stock Price
Dollars per Share
**
3.05
08 09 10 11 12
35.84 38.92
42.72
53.08 51.80