DTE Energy 2007 Annual Report Download - page 10

Download and view the complete annual report

Please find page 10 of the 2007 DTE Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 30

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30

MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDER’S EQUITY
AND COMPREHENSIVE INCOME
(Dollars in Millions,
Common Stock
Retained
Accumulated
Other
Comprehensive
Shares in Thousands) Shares Amount Earnings Loss Total
Balance, December 31, 2004 10,300 $ 442 $ 350 $ (1) $ 791
Net income 13 13
Dividends declared on common stock
(50) (50)
Balance, December 31, 2005 10,300 442 313 (1) 754
Net income 52 52
Dividends declared on common stock
(50) (50)
Balance, December 31, 2006 10,300 442 315 (1) 756
Net income 71 71
Capital contribution 5 5
Dividends declared on common stock
(50) (50)
Balance, December 31, 2007 10,300 $ 447 $ 336 $ (1) $ 782
The following table displays comprehensive income:
(in Millions) 2007 2006 2005
Net income $ 71 $ 52 $ 13
Comprehensive income $ 71 $ 52 $ 13
See Notes to Consolidated Financial Statements
8