Company: SREA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001032208-25-000027
Chunk: 8

Company: SEMPRA
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 8
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)Net cash provided by financing activities552 178 Increase in cash and cash equivalents607 243 Cash and cash equivalents, January 1— 50 Cash and cash equivalents, March 31$607 $293 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION  Interest payments, net of amounts capitalized$102 $107 SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES  Accrued capital expenditures for PP&E$199 $182 Increase in finance lease obligations capitalized to PP&E2 2 Decrease in ARO capitalized to PP&E6 — 

See Notes to Condensed Financial Statements.

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Table of Contents

SAN DIEGO GAS & ELECTRIC COMPANYCONDENSED STATEMENTS OF CHANGES IN SHAREHOLDER’S EQUITY(Dollars in millions) CommonstockRetainedearningsAccumulatedothercomprehensiveincome (loss)Totalshareholder'sequity(unaudited) Three months ended March 31, 2025Balance at December 31, 2024$1,660 $8,916 $(12)$10,564 Net income281 281 Balance at March 31, 2025$1,660 $9,197 $(12)$10,845 Three months ended March 31, 2024Balance at December 31, 2023$1,660 $8,250 $(8)$9,902 Net income223 223 Balance at March 31, 2024$1,660 $8,473 $(8)$10,125 

See Notes to Condensed Financial Statements.

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Table of Contents

SOUTHERN CALIFORNIA GAS COMPANYCONDENSED STATEMENTS OF OPERATIONS(Dollars in millions) Three months ended March 31,20252024 (unaudited)Operating revenues$2,020 $1,805 Operating expenses: Cost of natural gas415 465 Operation and maintenance757 613 Depreciation and amortization242 223 Franchise fees and other taxes79 74 Total operating expenses1,493 1,375 Operating income527 430 Other income, net42 47 Interest income2 2 Interest expense(90)(77)Income before income taxes481 402 Income tax expense(38)(43)Net income/Earnings attributable to