GLFPO Financials 07/16/2014 09:06:44 Gulf Power C
Post# of 3
Gulf Power Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,440,301 1,439,762 1,519,812 1,590,209
Cost of Revenue 927,934 933,217 1,064,135 1,120,133
Gross Profit 512,367 506,545 455,677 470,076
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 98,355 97,313 101,302 101,778
Non-Recurring Items - - - -
Other 149,009 141,038 129,651 121,498
Operating Income 265,003 268,194 224,724 246,800
Income From Continuing Operations
Add'l Income/Expense Items 2,823 3,402 5,902 4,325
Earnings Before Interest and Tax 267,826 271,596 230,626 251,125
Interest Expense 56,025 60,250 58,150 51,897
Earnings Before Tax 211,801 211,346 172,476 199,228
Income Tax 79,668 79,211 61,268 71,514
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 132,133 132,135 111,208 127,714
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 132,133 132,135 111,208 127,714
Preferred Stock and Other Adjustments (7,704) (6,203) (6,203) (6,203)
Net Income Applicable to Common Shareholders 124,429 125,932 105,005 121,511