Sempra Energy Financial Highlights Q2-2022 slide image

Sempra Energy Financial Highlights Q2-2022

SEMPRA CALIFORNIA | SDG&E (Unaudited, dollars in millions) SDG&E GAAP Earnings Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 $ 176 $ 186 $ 410 $ 398 Q2-2022 earnings are lower than Q2-2021 earnings primarily due to: • $12M higher income tax expense primarily from flow-through items and lower associated regulatory revenues, and $9M higher interest expense, partially offset by $6M higher CPUC base operating margin, net of operating expenses, and $5M higher electric transmission margin SEMPRA 17
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