Piedmont Natural Gas Income Statement

Quarterly: January 2012 - October 2009 Previous Quarters
Annual

Income	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Revenue	471.84M	192.01M	197.27M	392.57M	652.06M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	251.60M	103.27M	115.31M	219.64M	422.05M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	220.24M	88.74M	81.96M	172.93M	230.01M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	67.02M	70.62M	62.56M	68.40M	62.16M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	26.18M	26.23M	26.13M	25.42M	25.05M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	344.80M	200.12M	204.00M	313.46M	509.25M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	127.04M	-8.109M	-6.722M	79.11M	142.80M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-1.274M	-8.335M	-8.61M	-0.803M	-3.477M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	125.77M	-16.44M	-15.33M	78.30M	139.33M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	49.54M	-6.867M	-6.629M	30.90M	54.89M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	76.23M	-9.577M	-8.703M	47.41M	84.44M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	76.23M	-9.577M	-8.703M	47.41M	84.44M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	76.23M	-9.577M	-8.703M	47.41M	84.44M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Average Shares to compute diluted EPS	72.43	72.27	72.01	72.06	72.51	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	72.13	72.06	72.01	71.82	72.19	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	1.06	-0.13	-0.12	0.66	1.17	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	1.05	-0.13	-0.12	0.66	1.16	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro