Tables and Figures

Financial | Production | Refining & Marketing | About the Financial Reporting System Companies | Overview of 2008 Markets

Financial Developments - Net Income and Profitability

Table 1. Consolidated Income Statement for FRS Companies,                2007-2008                 (Billion 2008 Dollars)
Income Statement Items	FRS Companies
	2007	2008	Percent Change 2007-2008
Operating Revenues	1,475.0	1,818.1	23.3
Operating Expenses	1,297.7	1,654.0	27.4
Operating Income (Revenues minus Expenses)	177.3	164.1	-7.4
Interest Expense	11.1	11.4	2.7
Other Revenue (Expense)	47.5	32.6	-31.3
Income Tax Expense	86.3	98.5	14.1
Net Income	127.4	86.9	-31.8
Net Income Excluding Special Items	124.5	143.4	15.2
Note: Sum of components may not equal total due to independent rounding. Percent changes were calculated from unrounded data.     NA= not available.
Source: Energy Information Administration Form EIA-28 (Financial Reporting System).