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TECO Energy Reports Fourth-Quarter Results

Non-GAAP Results

There were no non-GAAP adjustments to net income in the fourth quarter or full-year periods of 2012 or 2011.

Segment Reporting

The table below includes TECO Energy segment information on a GAAP basis, which includes all charges and gains for the periods shown.

Segment Information

  3 months

ended Dec. 31

  12 months

ended Dec. 31

(millions)

Net Income Summary

2012

 

2011

2012

 

2011

Tampa Electric $ 36.2 $ 37.7 $ 193.1 $ 202.7
Peoples Gas System 7.1 7.2 34.1 32.6
TECO Coal 10.8 13.4 50.2 51.5
Parent & other   (8.5 )   (11.0 )   (31.4 )   (36.0 )
Net income from continuing operations

45.6

47.3

246.0

250.8

Discontinued operations   (0.5 )   5.9     (33.3 )   21.8  
Total net income attributable to TECO Energy

$

45.1

 

$

53.2

 

$

212.7

 

$

272.6

 
 

All amounts included in the operating company discussions below are after tax, unless otherwise noted.

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