INTERSTATE POWER & LIGHT CO IPLDP Income Statement

Interstate power & light co (IPLDP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16
Revenues:
Electric utility
3,063	3,000	2,894	2,875
Gas utility
455	446	400	355
Other utility
46	48	47	48
Non-utility
82	39	39	40
Total revenues
3,647	3,534	3,382	3,320
Operating expenses:
Electric production fuel and purchased power
776	855	818	854
Electric transmission service
481	495	480	527
Cost of gas sold
221	232	211	194
Impairment of Long-Lived Assets Held-for-use
-	-	-	86
Other operation and maintenance
712	645	633	589
Depreciation and amortization
567	506	461	-
Depreciation and amortization
-	-	-	411
Taxes other than income taxes
110	104	105	102
Total operating expenses
2,870	2,840	2,711	2,765
Operating income
777	694	671	554
Other (income) and deductions:
Interest expense
272	247	215	196
Income (Loss) from Equity Method Investments
53	54	44	39
Allowance for funds used during construction
92	75	49	62
Other
-14	-7	-17	-16
Total other (income) and deductions
-141	-124	-138	-110
Income before income taxes
636	570	532	443
Income tax expense (benefit)
68	47	66	59
Income from continuing operations, net of tax
567	522	466	384
Income from discontinued operations, net of tax
0	0	1	-2
Net Income (Loss) Attributable to Parent
567	522	467	381
Preferred dividend requirements of Interstate Power and Light Company
10	10	10	10
Net Income (Loss) Available to Common Stockholders, Basic
557	512	457	371
Weighted average number of common shares outstanding:
Basic (in shares)
238	233	229	-
Diluted (in shares)
239	233	229	-
Weighted average number of common shares outstanding (basic and diluted) (in shares)
-	-	-	227
Earnings per weighted average common share attributable to Alliant Energy common shareowners:
Basic (in dollars per share)
2.34	2.19	1.99	-
Diluted (in dollars per share)
2.33	2.19	1.99	-
Income from continuing operations, net of tax (in dollars per share)
-	-	-	1.65
Loss from discontinued operations, net of tax (in dollars per share)
-	-	-	-0.01
Earnings per weighted average common share attributable to Alliant Energy common shareowners (basic and diluted) (in dollars per share)
-	-	-	1.64
Amounts attributable to common shareowners:
Income from continuing operations, net of tax
557	512	455	373
Income from discontinued operations, net of tax
0	0	1	-2
Net Income (Loss) Available to Common Stockholders, Basic
557	512	457	371
IPL [Member]
Electric utility
1,781	1,731	1,598	1,569
Gas utility
264	266	226	204
Other utility
44	45	45	46
Total revenues
2,089	2,042	1,870	1,820
Electric production fuel and purchased power
434	469	443	430
Electric transmission service
340	352	310	359
Cost of gas sold
119	129	115	111
Other operation and maintenance
404	402	396	376
Depreciation and amortization
326	283	245	-
Depreciation and amortization
-	-	-	210
Taxes other than income taxes
60	53	55	53
Total operating expenses
1,686	1,691	1,566	1,542
Operating income
402	350	304	277
Interest expense
126	119	112	103
Allowance for funds used during construction
49	42	31	52
Other
-6	-2	-7	-6
Total other (income) and deductions
-84	-79	-88	-57
Income before income taxes
318	271	216	219
Income tax expense (benefit)
24	-3	-10	-5
Net Income (Loss) Attributable to Parent
294	274	227	225
Preferred dividend requirements of Interstate Power and Light Company
10	10	10	10
Net Income (Loss) Available to Common Stockholders, Basic
284	264	216	215
Net Income (Loss) Available to Common Stockholders, Basic
284	264	216	215
WPL [Member]
Electric utility
1,282	1,269	1,295	1,305
Gas utility
191	180	174	151
Other utility
2	3	2	1
Total revenues
1,475	1,452	1,472	1,459
Electric production fuel and purchased power
342	386	374	423
Electric transmission service
141	142	170	168
Cost of gas sold
101	102	95	83
Other operation and maintenance
260	241	238	209
Depreciation and amortization
235	219	212	-
Depreciation and amortization
-	-	-	192
Taxes other than income taxes
46	47	46	44
Total operating expenses
1,128	1,139	1,139	1,121
Operating income
347	312	333	337
Interest expense
102	97	93	91
Income (Loss) from Equity Method Investments
-	-	-	39
Allowance for funds used during construction
43	33	18	10
Other
-6	-4	-9	-10
Total other (income) and deductions
-64	-68	-85	-51
Income before income taxes
282	244	248	286
Income tax expense (benefit)
49	36	61	93
Net Income (Loss) Attributable to Parent
233	208	186	192
Net income attributable to noncontrolling interest
-	-	-	2
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	190
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	190