DTE Energy 2009 Annual Report Download - page 7

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5
MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF OPERATIONS
Year Ended December 31
(in Millions)
2009
2008
2007
Operating Revenues
$ 1,765
$ 2,115
$ 1,842
Operating Expenses
Cost of gas
1,037
1,351
1,139
Operation and maintenance
411
464
422
Depreciation and amortization
109
102
93
Taxes other than income
48
47
55
Asset gains, net
(30)
(26)
(3)
1,575
1,938
1,706
Operating Income
190
177
136
Other (Income) and Deductions
Interest expense
67
65
60
Interest income
(8)
(8)
(10)
Other income
(8)
(11)
(12)
Other expenses
6
13
4
57
59
42
Income Before Income Taxes
133
118
94
Income Tax Provision
40
38
23
Net Income
$ 93
$ 80
$ 71
See Notes to Consolidated Financial Statements