Vectren 2013 Annual Report Download - page 36

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34
The following table reconciles consolidated net income, consolidated basic EPS, and Nonutility Group net income to those
results excluding Energy Marketing results.
Twelve Months Ended
December 31, 2013
(In millions, except EPS) GAAP
Measure Add back Energy
Marketing Losses Non-GAAP
Measure
Consolidated
Net Income $ 136.6 $ 37.5 $ 174.1
Basic EPS $ 1.66 $ 0.46 $ 2.12
Nonutility Group Net Income (Loss) $ (4.5) $ 37.5 $ 33.0
Twelve Months Ended
December 31, 2012
(In millions, except EPS) GAAP
Measure Add back Energy
Marketing Losses Non-GAAP
Measure
Consolidated
Net Income $ 159.0 $ 17.6 $ 176.6
Basic EPS $ 1.94 $ 0.21 $ 2.15
Nonutility Group Net Income $ 21.7 $ 17.6 $ 39.3
Twelve Months Ended
December 31, 2011
(In millions, except EPS) GAAP
Measure Add back Energy
Marketing Losses Non-GAAP
Measure
Consolidated
Net Income $ 141.6 $ 4.2 $ 145.8
Basic EPS $ 1.73 $ 0.05 $ 1.78
Nonutility Group Net Income $ 23.8 $ 4.2 $ 28.0
Detailed Discussion of Results of Operations
Following is a more detailed discussion of the results of operations of the Company’s Utility and Nonutility operations. The
detailed results of operations for these groups are presented and analyzed before the reclassification and elimination of certain
intersegment transactions necessary to consolidate those results into the Company’s Consolidated Statements of Income.