SCEDP Financials 07/16/2014 17:11:25 Southern Cal

SCEDP Financials 07/16/2014 17:11:25
Southern California Edison Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 12,562,000 11,851,000 10,577,000 9,983,000
Cost of Revenue 8,307,000 7,683,000 6,743,000 6,584,000
Gross Profit 4,255,000 4,168,000 3,834,000 3,399,000
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 307,000 295,000 285,000 263,000
Non-Recurring Items 575,000 32,000 - -
Other 1,622,000 1,562,000 1,426,000 1,273,000
Operating Income 1,751,000 2,279,000 2,123,000 1,864,000
Income From Continuing Operations
Add'l Income/Expense Items 48,000 94,000 85,000 98,000
Earnings Before Interest and Tax 1,799,000 2,373,000 2,208,000 1,961,000
Interest Expense 520,000 499,000 463,000 429,000
Earnings Before Tax 1,279,000 1,874,000 1,745,000 1,532,000
Income Tax 279,000 214,000 601,000 440,000
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,000,000 1,660,000 1,144,000 1,092,000
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,000,000 1,660,000 1,144,000 1,092,000
Preferred Stock and Other Adjustments (100,000) (91,000) (59,000) (52,000)
Net Income Applicable to Common Shareholders 900,000 1,569,000 1,085,000 1,040,000