VELPO Financials 07/16/2014 05:53:11 Virginia Ele

VELPO Financials 07/16/2014 05:53:11
Virginia Electric & Power Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 7,295,000 7,226,000 7,246,000 7,219,000
Cost of Revenue 2,662,000 2,754,000 2,958,000 2,944,000
Gross Profit 4,633,000 4,472,000 4,288,000 4,275,000
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,700,000 1,698,000 1,965,000 1,963,000
Non-Recurring Items - - - -
Other 853,000 782,000 718,000 671,000
Operating Income 2,080,000 1,992,000 1,605,000 1,641,000
Income From Continuing Operations
Add'l Income/Expense Items 86,000 96,000 88,000 100,000
Earnings Before Interest and Tax 2,166,000 2,088,000 1,693,000 1,741,000
Interest Expense 369,000 385,000 331,000 347,000
Earnings Before Tax 1,797,000 1,703,000 1,362,000 1,394,000
Income Tax 659,000 653,000 540,000 542,000
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,138,000 1,050,000 822,000 852,000
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,138,000 1,050,000 822,000 852,000
Preferred Stock and Other Adjustments (17,000) (16,000) (17,000) (17,000)
Net Income Applicable to Common Shareholders 1,121,000 1,034,000 805,000 835,000