Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 16

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 16
---
 31, 2024$22 $2,316 $5,850 $(27)$8,161 Net income574 574 Other comprehensive income9 9 Dividends declared:Preferred stock ($1.13/share)(1)(1)Balance at September 30, 2025$22 $2,316 $6,423 $(18)$8,743 Nine months ended September 30, 2024Balance at December 31, 2023$22 $2,316 $5,095 $(23)$7,410 Net income476 476 Other comprehensive income2 2 Dividends declared:Preferred stock ($1.13/share)(1)(1)Balance at September 30, 2024$22 $2,316 $5,570 $(21)$7,887 

See Notes to Condensed Financial Statements.

28

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1. GENERAL INFORMATION AND OTHER FINANCIAL DATA

PRINCIPLES OF CONSOLIDATIONSempraSempra’s Condensed Consolidated Financial Statements include the accounts of Sempra, a California-based holding company, and its consolidated entities, which invest in, develop and operate energy infrastructure in North America, and provide electric and gas services to customers. Sempra has three operating and reportable segments, which we describe in Note 14. All references in these Notes to our reportable segments are not intended to refer to any legal entity with the same or similar name.SDG&ESDG&E’s common stock is wholly owned by Enova Corporation, which is a wholly owned subsidiary of Sempra. SDG&E is a regulated public utility that provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County. SDG&E has one operating and reportable segment.SoCalGasSoCalGas’ common stock is wholly owned by Pacific Enterprises, which is a wholly owned subsidiary of Sempra. SoCalGas is a regulated public natural gas distribution utility, serving customers throughout most of Southern California and part of central California. SoCalGas has one operating and reportable segment.BASIS OF PRESENTATIONThis is a combined report of Sempra, SDG&E and SoCalGas. We provide separate information for SDG&E and SoCalGas as required. We have eliminated intercompany accounts and transactions within Sempra’s Condensed Consolidated Financial Statements. We have prepared