Disclosures about Segments (Tables)

12 Months Ended

Dec. 31, 2012



SEGMENT INFORMATION
2012 (THOUSANDS)	CLECO POWER			MIDSTREAM		RECONCILING ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	944,169		$	—	$	—		$	—		$	944,169
Tolling operations	—			25,559		—			(25,559		)	—
Other operations	48,156			3		1,998			1			50,158
Electric customer credits	(630		)	—		—			—			(630		)
Affiliate revenue	1,372			—		52,063			(53,435		)	—
Operating revenue, net	$	993,067		$	25,562	$	54,061		$	(78,993	)	$	993,697
Depreciation	$	125,486		$	6,006	$	916		$	(1	)	$	132,407
Interest charges	$	80,502		$	770	$	2,269		$	615		$	84,156
Interest income	$	333		$	—	$	(602	)	$	615		$	346
Federal and state income tax expense (benefit)	$	68,133		$	6,404	$	(9,210	)	$	—		$	65,327
Segment profit	$	146,848		$	9,155	$	7,645		$	—		$	163,648
Additions to long-lived assets	$	222,104		$	8,759	$	1,861		$	—		$	232,724
Equity investment in investees	$	14,532		$	—	$	8		$	—		$	14,540
Total segment assets	$	3,871,729		$	215,342	$	201,678		$	(141,400	)	$	4,147,349



2011 (THOUSANDS)	CLECO POWER			MIDSTREAM			RECONCILING ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	1,051,956		$	—		$	—		$	—		$	1,051,956
Tolling operations	—			19,004			—			—			19,004
Other operations	50,948			9			2,011			(6		)	52,962
Electric customer credits	(6,811		)	—			—			—			(6,811		)
Affiliate revenue	1,389			45			53,068			(54,300		)	202
Operating revenue, net	$	1,097,482		$	19,058		$	55,079		$	(54,306	)	$	1,117,313
Depreciation	$	115,634		$	5,872		$	1,072		$	—		$	122,578
Interest charges	$	97,090		$	(28,996	)	$	2,405		$	159		$	70,658
Interest income	$	630		$	25		$	77		$	159		$	891
Equity income from investees, before tax	$	—		$	62,053		$	(3	)	$	—		$	62,050
Federal and state income tax expense (benefit)	$	69,409		$	44,637		$	(11,149	)	$	—		$	102,897
Segment profit ⁽¹⁾	$	142,835		$	42,792		$	10,221		$	—		$	195,848
Additions to long-lived assets	$	201,980		$	8,437		$	1,278		$	—		$	211,695
Equity investment in investees	$	14,532		$	—		$	8		$	—		$	14,540
Total segment assets	$	3,726,471		$	233,891		$	201,074		$	(111,234	)	$	4,050,202
⁽¹⁾Reconciliation of segment profit to consolidated profit:	Segment profit									$	195,848
	Unallocated items:
	Preferred dividends requirements									26
	Preferred stock redemption costs									112
	Net income applicable to common stock									$	195,710



2010 (THOUSANDS)	CLECO POWER			MIDSTREAM		RECONCILING ITEMS			ELIMINATIONS			CONSOLIDATED
Revenue
Electric operations	$	1,086,102		$	—	$	—		$	—		$	1,086,102
Tolling operations	—			26,067		—			—			26,067
Other operations	42,578			3		1,959			(11		)	44,529
Electric customer credits	(9,596		)	—		—			—			(9,596		)
Affiliate revenue	1,371			960		47,924			(48,691		)	1,564
Operating revenue, net	$	1,120,455		$	27,030	$	49,883		$	(48,702	)	$	1,148,666
Depreciation	$	107,966		$	5,779	$	838		$	1		$	114,584
Interest charges	$	78,731		$	7,140	$	10,551		$	(646	)	$	95,776
Interest income	$	379		$	—	$	675		$	(645	)	$	409
Equity income from investees, before tax	$	—		$	38,848	$	1		$	—		$	38,849
Gain on toll settlement	$	—		$	148,402	$	—		$	—		$	148,402
Federal and state income tax expense (benefit)	$	75,107		$	71,255	$	(3,864	)	$	—		$	142,498
Segment profit (loss)⁽¹⁾	$	147,405		$	114,467	$	(6,480	)	$	(1	)	$	255,391
Additions to long-lived assets	$	449,052		$	2,113	$	2,056		$	—		$	453,221
Equity investment in investees	$	13,073		$	73,648	$	11		$	—		$	86,732
Total segment assets	$	3,795,227		$	316,166	$	401,663		$	(351,626	)	$	4,161,430
⁽¹⁾ Reconciliation of segment profit to consolidated profit:	Segment profit								$	255,391
	Unallocated items:
	Preferred dividends requirements								46
	Net income applicable to common stock								$	255,345

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

CLECO POWER LLC 10-K