Investor Presentation - September 2021
Q3 FY21 contribution margin reconciliation to GAAP
(Millions)
Gas
Utility
Gas
Marketing
Other
Eliminations
Consolidated
Three months ended June 30, 2021
Operating Income (Loss) [GAAP]
$
35.6
$
(8.8)
$
6.4
$
33.2
Operation and maintenance
103.2
3.2
9.2
(3.6)
112.0
Depreciation and amortization
50.9
0.3
1.9
53.1
Taxes, other than income taxes
32.1
0.2
0.3
32.6
Less: Gross receipts tax expense
(17.9)
(17.9)
Contribution Margin [non-GAAP]
203.9
(5.1)
17.8
(3.6)
213.0
Natural gas costs
84.9
20.2
(8.2)
96.9
Gross receipts tax expense
17.9
17.9
Operating Revenues
$
306.7
$
15.1
$
17.8 $
(11.8)
$
327.8
Three months ended June 30, 2020
Operating Income (Loss) [GAAP]
$
20.4
$
18.2
$
(145.1) $
$
(106.5)
Operation and maintenance
115.5
2.2
10.5
(3.3)
124.9
Depreciation and amortization
47.8
0.2
2.1
50.1
Taxes, other than income taxes
31.7
0.2
(0.8)
31.1
Impairments
148.6
148.6
Less: Gross receipts tax expense
(17.2)
(0.1)
0.1
(17.2)
Contribution Margin [non-GAAP]
Natural gas costs
Gross receipts tax expense
Operating Revenues
198.2
20.7
15.4
(3.3)
231.0
90.6
(9.2)
0.1
(8.6)
72.9
17.2
0.1
(0.1)
17.2
$
306.0
$
11.6
$
15.4
$
(11.9)
$
321.1
38 Spire | Investor presentation - September 2021View entire presentation