Table of Contents ITEM 6. SELECTED FINANCIAL DATA As of or for the Year Ended December 31, 2011 20<strong>10</strong> 2009 2008 2007 (Millions of dollars, except statistics and per share amounts) <strong>SCANA</strong>: Statement of Income Data Operating Revenues $ 4,409 $ 4,601 $ 4,237 $ 5,319 $ 4,621 Operating Income $ 813 $ 768 $ 699 $ 7<strong>10</strong> $ 633 Other Expense $ (258) $ (233) $ (175) $ (176) $ (153) Preferred Stock Dividends $ — $ — $ (9) $ (7) $ (7) Income Available to Common Shareholders $ 387 $ 376 $ 348 $ 346 $ 320 Common Stock Data Weighted Average Common Shares Outstanding (Millions) 128.8 125.7 122.1 117.0 116.7 Basic Earnings Per Share $ 3.01 $ 2.99 $ 2.85 $ 2.95 $ 2.74 Diluted Earnings Per Share $ 2.97 $ 2.98 $ 2.85 $ 2.95 $ 2.74 Dividends Declared Per Share of Common Stock $ 1.94 $ 1.90 $ 1.88 $ 1.84 $ 1.76 Balance Sheet Data Utility Plant, Net $ <strong>10</strong>,047 $ 9,662 $ 9,009 $ 8,305 $ 7,538 Total Assets $ 13,534 $ 12,968 $ 12,094 $ 11,502 $ <strong>10</strong>,165 Total Equity $ 3,889 $ 3,702 $ 3,408 $ 3,045 $ 2,960 Short-term and Long-term Debt $ 5,306 $ 4,909 $ 4,846 $ 4,698 $ 3,852 Other Statistics Electric: Customers (Year-End) 664,196 660,580 654,766 649,571 639,258 Total sales (Million KWh) 24,188 24,884 23,<strong>10</strong>4 24,284 24,885 Generating capability-Net MW (Year-End) 5,642 5,645 5,611 5,695 5,749 Territorial peak demand-Net MW 4,885 4,735 4,557 4,789 4,926 Regulated Gas: Customers, excluding transportation (Year-End) 803,644 794,841 782,192 774,502 759,336 Sales, excluding transportation (Thousand Therms) 812,416 931,879 832,931 848,568 823,976 Transportation customers (Year-End) 492 491 482 474 446 Transportation volumes (Thousand Therms) 1,585,202 1,546,234 1,388,096 1,366,675 1,369,684 Retail Gas Marketing: Retail customers (Year-End) 455,258 464,123 455,198 459,250 484,565 Firm customer deliveries (Thousand Therms) 341,554 402,583 347,324 356,288 340,743 Nonregulated interruptible customer deliveries (Thousand Therms) 1,845,327 1,728,161 1,628,942 1,526,933 1,548,878 SCE&G: Statement of Income Data Operating Revenues $ 2,819 $ 2,815 $ 2,569 $ 2,816 $ 2,481 Operating Income $ 654 $ 604 $ 547 $ 559 $ 498 Other Expense $ (198) $ (170) $ (119) $ (122) $ (117) Preferred Stock Dividends $ — $ — $ (9) $ (7) $ (7) Earnings Available to Common Shareholders $ 306 $ 290 $ 272 $ 273 $ 245 Balance Sheet Data Utility Plant, Net $ 8,588 $ 8,198 $ 7,595 $ 6,905 $ 6,202 Total Assets $ 11,037 $ <strong>10</strong>,574 $ 9,813 $ 9,052 $ 7,977 Total Equity $ 3,773 $ 3,541 $ 3,259 $ 2,799 $ 2,711 Short-term and Long-term Debt $ 3,753 $ 3,440 $ 3,430 $ 3,320 $ 2,593 Other Statistics Electric: Customers (Year-End) 664,273 660,642 654,830 649,636 639,312 Total sales (Million KWh) 24,200 24,887 23,<strong>10</strong>7 24,287 24,888 Generating capability-Net MW (Year-End) 5,642 5,645 5,611 5,695 5,749 Territorial peak demand-Net MW 4,885 4,735 4,557 4,789 4,926 Regulated Gas: Customers, excluding transportation (Year-End) 316,683 313,346 309,687 307,074 302,469 Sales, excluding transportation (Thousand Therms) 407,073 447,057 399,752 416,075 407,204 Transportation customers (Year-End) 155 148 130 120 115 Transportation volumes (Thousand Therms) 192,492 190,931 217,750 64,034 27,113 28
Table of Contents <strong>SCANA</strong> CORPORATION Page Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 30 Overview 30 Results of Operations 33 Liquidity and Capital Resources 38 Environmental Matters 42 Regulatory Matters 45 Critical Accounting Policies and Estimates 46 Other Matters 48 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 51 Item 8. Financial Statements and Supplementary Data 53 Report of Independent Registered Public Accounting Firm 53 Consolidated Balance Sheets 54 Consolidated Statements of Income 56 Consolidated Statements of Cash Flows 57 Consolidated Statements of Changes in Common Equity and Comprehensive Income 58 Notes to Consolidated Financial Statements 59 29
- Page 1 and 2: Table of Contents UNITED STATES SEC
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- Page 21 and 22: Table of Contents • Uncertainties
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Table of Contents • 2011 vs 2010
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Table of Contents on its draws, whi
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Table of Contents ITEM 7A. QUANTITA
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Table of Contents ITEM 8. FINANCIAL
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Table of Contents December 31, (Mil
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Table of Contents NOTES TO CONSOLID
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Table of Contents $32.7 million, of
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Table of Contents 2. RATE AND OTHER
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Table of Contents Regulatory Assets
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Table of Contents 4. LONG-TERM AND
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Table of Contents The fair value of
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Table of Contents 8. EMPLOYEE BENEF
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Table of Contents Net Periodic Bene
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Table of Contents Nonvested shares
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Table of Contents Claims and Litiga
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Table of Contents Disclosure of Rep
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Table of Contents ITEM 9. CHANGES I
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Table of Contents SCE&G: Evaluation
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Table of Contents ITEM 14. PRINCIPA
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Table of Contents Schedule II—Val
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Table of Contents SIGNATURES Pursua
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Table of Contents Applicable to Exh
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Exhibit 12.01 SCANA CORPORATION CAL
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Exhibit 23.01 CONSENT OF INDEPENDEN
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Exhibit 24.01 POWER OF ATTORNEY KNO
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Exhibit 31.01 CERTIFICATION I, Kevi
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Exhibit 31.03 CERTIFICATION I, Kevi
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Exhibit 32.01 SCANA CORPORATION CER
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Exhibit 32.03 SOUTH CAROLINA ELECTR
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scg-20111231.xml
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scg-20111231_pre.xml