SEMPRA 5-Year Capital Plan
Adjusted Earnings and Adjusted EPS
(Unaudited)
(Dollars in millions, except EPS amounts; shares in thousands)
Sempra GAAP Earnings
Excluded items:
Pretax
amount
Income tax Non-
expense
controlling
(benefit)1 interests Earnings
Three months ended March 31, 2023
$
Pretax
amount
969
Income tax
Non-
(benefit) controlling
expense¹ interests Earnings
Three months ended March 31, 2022
$ 612
Impact associated with Aliso Canyon litigation
$
$
$
$
92 $
(26) $
Equity losses from a write-off of rate base disallowances resulting from the PUCT's final
order in Oncor's comprehensive base rate review
44
Impact from foreign currency and inflation on our monetary positions in Mexico
Net unrealized (gains) losses on commodity derivatives
25
135
(51)
109
25
70
(20)
(428)
85
126
(217)
88
(20)
(17)
85
66
75
51
Net unrealized losses on a contingent interest rate swap related to the PA LNG Phase 1
project
33
(6)
(10)
17
|
Deferred income tax expense associated with the change in our indefinite reinvestment
assertion related to the sale of NCI to ADIA
120
I
120
Sempra Adjusted Earnings
Diluted EPS:
$
922
$ 924
Weighted-average common shares outstanding, diluted
316,124
Sempra GAAP EPS
$
3.07
$
317,434
1.93
Sempra Adjusted EPS
$
2.92
$ 2.91
1.
Except for adjustments that are solely income tax, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. We record equity losses for our investment in Oncor Holdings
net of income tax.
SEMPRA 29View entire presentation