Portland general electric company (POR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue, net

2,121

1,988

2,009

1,923

1,898

1,900

1,810

1,805

1,813

1,783

1,804

1,745

Alternative revenue programs, net of amortization

2

3

0

0

-

-

-

-

-

-

-

-

Total Revenues

2,123

1,991

2,009

1,923

-

-

-

-

-

-

-

-

Operating expenses:
Purchased power and fuel

614

571

592

617

661

713

757

726

760

829

944

878

Generation, transmission and distribution

323

292

309

286

266

257

225

211

201

174

178

169

Cascade Crossing transmission project

-

-

-

-

-

-

52

0

0

-

-

-

Administrative and other

290

271

260

240

241

227

219

216

218

186

179

190

Depreciation and amortization

409

382

345

321

305

301

248

248

227

238

211

208

Taxes other than income taxes

134

129

123

119

116

109

103

102

98

89

84

83

Total operating expenses

1,770

1,645

1,629

1,583

1,589

1,607

1,604

1,503

1,504

1,516

1,596

1,528

Income from operations

353

346

380

340

309

293

206

302

309

267

208

217

Interest expense, net

128

124

120

112

114

96

101

108

110

110

104

90

Other (loss) income:
Allowance for equity funds used during construction

10

11

12

21

21

37

13

6

5

13

18

9

Miscellaneous (loss) income, net

6

-4

1

-6

1

1

7

4

1

4

3

-14

Other (loss) income, net

16

7

13

15

22

38

20

10

6

17

21

-5

Income before income tax expense

241

229

273

243

217

235

125

204

205

174

125

122

Income tax expense

27

17

86

50

45

61

21

64

58

53

36

35

Net income

214

212

187

193

172

174

104

140

147

121

89

87

Less: net loss attributable to noncontrolling interest

-

-

-

-

-

-1

-1

-1

0

-4

-6

0

Net income attributable to Portland General Electric Company

-

-

-

-

-

175

105

141

147

125

95

87

Weighted-average common shares outstanding (in thousands):
Weighted Average Number of Shares Outstanding, Basic

89

89

89

88

84

78

76

75

75

75

72

62

Weighted Average Number of Shares Outstanding, Diluted

89

89

89

89

84

80

77

75

75

75

72

62

Earnings Per Share [Abstract]
Basic

2.39

2.38

2.10

2.17

2.05

2.24

1.36

1.87

1.95

-

-

1.39

Diluted

2.39

2.37

2.10

2.16

2.04

2.18

1.35

1.87

1.95

-

-

1.39

Earnings Per Share, Basic and Diluted

-

-

-

-

-

-

-

-

-

1.66

1.31

-

Dividends declared per common share

-

-

-

-

-

-

-

-

-

1.03

1.01

0.97