Adjusted Earnings and Adjusted EPS Presentation
Q3-2023 Financial Results
(Dollars and shares in millions, except EPS)
GAAP Earnings
Impact associated with Aliso Canyon litigation and regulatory matters
Three months ended
September 30,
Nine months ended
September 30,
2023
2022
2023
2022
721
(Unaudited)
$ 485 $ 2,293 $ 1,656
101
199
Equity losses from write-off of rate base disallowances resulting from PUCT's final order in Oncor's
comprehensive base rate review
Impact from foreign currency and inflation on monetary positions in Mexico
(36)
Net unrealized losses (gains) on derivatives
Net unrealized losses on contingent interest rate swap related to PA LNG Phase 1 project
Deferred income tax expense associated with change in indefinite reinvestment assertion related to
sale of NCI to ADIA
I I
སྱེ
44
166
89
38
(319)
108
17
120
Adjusted Earnings¹
$
685
$
622 $ 2,201 $ 2,172
Diluted Weighted-Average Common Shares Outstanding
GAAP EPS
Adjusted EPS1
632
632
632
633
$
1.14 $ 0.77 $
1.08 $ 0.98 $
3.63 $
2.62
3.48
$
3.43
1.
Improved third quarter results, as compared to prior period, driven by
utility growth and strong operational performance
See Appendix for information regarding non-GAAP financial measures and descriptions of adjustments.
SEMPRA 9View entire presentation