Investor Presentation June 2021
Year-to-date results
Six months ended March 31,
Gas Utility
Gas Marketing
Other
Net Economic Earnings (NEE)
Adjustment pre-tax:
Missouri regulatory adjustment
Missouri ISRS provision
Fair value and timing adjustments
Income tax effect of adjustments²
Net Income [GAAP]
Average shares outstanding
Millions
Per diluted
common share¹
2021
2020
2021
2020
$ 236.1 $ 213.4
43.1
(6.7)
11.2
(8.8)
$ 272.5 $ 215.8
$
5.12 $ 4.06
9.0
0.18
(4.8)
(0.09)
(4.1)
(15.3)
(0.08)
(0.30)
(1.1)
4.9
(0.02)
0.10
$ 276.3 $ 200.6
$
5.20 $
3.77
51.7
51.1
¹Net economic earnings per share is calculated by replacing consolidated net income with consolidated net economic earnings in the GAAP diluted EPS calculation, which
includes reductions for cumulative preferred dividends and participating shares.
2Income taxes are calculated by applying federal, state, and local income tax rates applicable to ordinary income to the amounts of the pre-tax reconciling items and then
adding any estimated effects of enacted state or local income tax laws for periods before related effective date.
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