Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 347

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 347
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(43)(43)(43)Noncontrolling interest activities:Contributions1,235 1,235 Distributions(297)(297)Balance at December 31, 2024$889 $13,520 $16,979 $(166)$31,222 $6,566 $37,788 

See Notes to Consolidated Financial Statements.

2024 Form 10-K  |  F-14

SAN DIEGO GAS & ELECTRIC COMPANYSTATEMENTS OF OPERATIONS(Dollars in millions) Years ended December 31, 202420232022Operating revenues:Electric$4,313 $4,349 $4,795 Natural gas1,028 1,248 1,043 Total operating revenues5,341 5,597 5,838 Operating expenses:Cost of electric fuel and purchased power308 445 994 Cost of natural gas242 532 363 Operation and maintenance1,692 1,846 1,677 Depreciation and amortization1,223 1,098 982 Franchise fees and other taxes402 381 373 Total operating expenses3,867 4,302 4,389 Operating income1,474 1,295 1,449 Other income, net90 97 92 Interest income5 15 5 Interest expense(525)(497)(449)Income before income taxes1,044 910 1,097 Income tax (expense) benefit(153)26 (182)Net income/Earnings attributable to common shares$891 $936 $915 

See Notes to Financial Statements.

2024 Form 10-K  |  F-15

SAN DIEGO GAS & ELECTRIC COMPANYSTATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Dollars in millions) Years ended December 31, 2024, 2023 and 2022 PretaxamountIncome tax (expense) benefitNet-of-taxamount2024: Net income$1,044 $(153)$891 Other comprehensive income (loss): Pension and other postretirement benefits(3)(1)(4)Total other comprehensive loss(3)(1)(4)Comprehensive income$1,041 $(154)$887 2023: Net income$910 $26 $936 Other comprehensive income (loss):Pension and other postretirement benefits(