DTE Energy 2014 Annual Report Download - page 65

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



In December 2012, the Company sold its 100% equity interest in its Unconventional Gas Production business which consisted of gas and oil
production assets in the western Barnett and Marble Falls shale areas of Texas. The sale resulted in gross proceeds of approximately $255 million, which
resulted in a pre-tax loss of approximately $83 million ($55 million after tax). The activity of the discontinued business is shown below. The amounts
exclude general corporate overhead costs, and related tax effects, and no portion of corporate interest costs were allocated to discontinued operations.

Operating Revenues $ 55
Operation and maintenance 24
Depreciation, depletion and amortization 23
Taxes other than income 4
Asset (gains) losses, net 83
134
Operating Loss (79)
Other (Income) and Deductions 6
Loss Before Income Taxes (85)
Income Tax Benefit (29)
Net Loss Attributable to DTE Energy Company $ (56)
62