PORTLAND GENERAL ELECTRIC COMPANY POR Income Statement

Portland general electric company (POR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue, net
2,115	2,121	2,089	2,076	2,063	1,988	1,984	1,974	1,974	2,009	2,018	1,987	1,966	1,923	1,898	1,890	1,912	1,898	1,899	1,907	1,880	1,900	1,899	1,850	1,830	1,810	1,774	1,789	1,799	1,805	1,821	1,810	1,808	1,813	1,789	1,814	1,818	1,783	1,773	1,698	0	0	0
Alternative revenue programs, net of amortization
8	2	10	6	8	3	-2	-2	-2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenues
2,123	2,123	2,099	2,082	2,071	1,991	1,982	1,972	1,972	2,009	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Purchased power and fuel
588	614	600	621	620	571	569	567	581	592	605	601	609	617	626	627	649	661	675	696	690	713	747	735	749	757	731	723	723	726	748	748	761	760	761	782	799	829	838	819	0	0	0
Generation, transmission and distribution
319	323	321	315	300	292	286	287	297	309	322	318	301	286	273	268	270	266	268	264	265	257	237	231	228	225	227	222	209	211	207	208	212	201	194	186	177	174	169	170	0	0	0
Cascade Crossing transmission project
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Administrative and other
290	290	306	281	273	271	254	268	262	260	249	249	246	240	247	243	242	241	242	237	233	227	225	220	219	219	214	215	216	216	220	225	220	218	204	196	193	186	183	182	0	0	0
Depreciation and amortization
416	409	406	399	391	382	369	360	353	345	334	326	323	321	322	319	312	305	304	304	301	301	286	272	261	248	246	247	248	248	245	241	233	227	235	235	237	238	226	217	0	0	0
Taxes other than income taxes
135	134	135	132	130	129	124	123	123	123	124	123	122	119	119	118	116	116	113	112	111	109	106	106	104	103	104	101	102	102	101	102	100	98	96	94	91	89	87	85	0	0	0
Total operating expenses
1,748	1,770	1,768	1,748	1,714	1,645	1,602	1,605	1,616	1,629	1,634	1,617	1,601	1,583	1,587	1,575	1,589	1,589	1,602	1,613	1,600	1,607	1,601	1,564	1,613	1,604	1,574	1,560	1,498	1,503	1,521	1,524	1,526	1,504	1,490	1,493	1,497	1,516	1,503	1,473	0	0	0
Income from operations
375	353	331	334	357	346	380	367	356	380	384	370	365	340	311	315	323	309	297	294	280	293	298	286	217	206	200	229	301	302	300	286	282	309	299	321	321	267	270	225	0	0	0
Interest expense, net
129	128	126	125	125	124	123	122	121	120	120	118	115	112	110	110	111	114	111	106	101	96	97	99	101	101	101	103	105	108	110	110	111	110	110	110	108	110	107	106	0	0	0
Other (loss) income:
Allowance for equity funds used during construction
10	10	10	10	10	11	11	13	14	12	11	11	16	21	25	27	24	21	26	31	35	37	31	24	17	13	0	0	0	-	-	6	5	5	4	7	10	13	17	19	0	0	0
Miscellaneous (loss) income, net
0	6	1	-2	-1	-4	0	1	0	1	-5	-6	-5	-6	1	-1	-1	1	0	3	3	1	3	5	5	7	0	0	0	-	-	0	2	1	2	9	5	4	6	7	0	0	0
Other (loss) income, net
10	16	11	8	9	7	11	14	14	13	6	5	11	15	26	26	23	22	26	34	38	38	34	29	22	20	17	11	9	10	10	6	7	6	6	16	15	17	23	26	0	0	0
Income before income tax expense
256	241	216	217	241	229	268	259	249	273	270	257	261	243	227	231	235	217	212	222	217	235	235	216	138	125	116	137	205	204	200	182	178	205	195	227	228	174	186	145	0	0	0
Income tax expense
34	27	14	17	20	17	63	67	71	86	64	57	56	50	44	46	52	45	48	56	51	61	57	45	24	21	31	46	66	64	59	51	51	58	55	66	65	53	56	37	0	0	0
Net income
222	214	202	200	221	212	205	192	178	187	206	200	205	193	183	185	183	172	159	0	0	-	0	-	-	104	85	91	139	140	139	0	0	-	0	-	-	-	0	-	-	0	0
Other comprehensive Income
0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income
0	-	0	0	0	-	0	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
Less: net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-1	-1	-2	-2	-1	-1	0	0	-	0	-	-	-	0	-	-	0	0
Net income attributable to Portland General Electric Company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175	179	171	114	105	86	93	141	141	142	131	127	147	143	165	167	125	132	107	0	0	0
Weighted-average common shares outstanding (in thousands):
Weighted Average Number of Shares Outstanding, Basic
89	89	89	89	89	-	89	89	-	-	-	-	-	-	-	-	-	-	-	80	78	77	78	78	78	78	77	75	75	75	75	75	75	75	75	75	75	75	75	75	75	75	75
Weighted Average Number of Shares Outstanding, Diluted
89	89	89	89	89	-	89	89	-	-	-	-	-	-	-	-	-	-	-	80	81	81	80	80	80	79	78	75	75	76	75	75	75	75	75	75	75	75	75	75	75	75	75
Weighted-average common shares outstanding-basic and diluted (in thousands)
-	-	-	-	-	-	-	-	89	-	89	89	89	-	88	88	88	-	88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic
-	-	0.61	0.28	-	-	0.59	0.51	-	-	-	-	-	-	-	-	-	-	-	0.44	0.64	0.58	0.48	0.44	0.74	0.60	0.40	-0.29	0.65	-	-	-	-	-	-	-	-	-	0.65	0.32	0.36	0.43	0.31
Diluted
-	-	0.61	0.28	-	-	0.59	0.51	-	-	-	-	-	-	-	-	-	-	-	0.44	0.62	0.55	0.47	0.43	0.73	0.59	0.40	-0.29	0.65	-	-	-	-	-	-	-	-	-	0.65	0.32	0.36	0.43	0.31
Earnings Per Share, Basic and Diluted
0.91	-	-	-	0.82	-	-	-	0.72	-	0.44	0.36	0.82	-	0.38	0.42	0.68	-	0.40	-	-	-	-	-	-	-	-	-	-	-	0.50	0.34	0.65	-	0.36	0.29	0.92	-	-	-	-	-	-
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.34	0.34	0.32	-	0.32	0.32	0.30	-	0.30	0.30	0.28	-	0.28	0.28	0.27	-	0.27	0.27	0.27	-	0.27	0.27	0.26	-	0.26	0.26	0.26	0.26	0.26	0.26	0.25	0.25	0.25