SOUTH JERSEY INDUSTRIES INC - FORM 8-K - EX-99 - EXHIBIT 99 - MEDIA FINANCIALS

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8-K - 8-K - Q1 2015 EARNINGS - SOUTH JERSEY INDUSTRIES INC	form8k-q12015earningsrelea.htm
EX-99 - EXHIBIT 99 - Q1 2015 PRESS RELEASE - SOUTH JERSEY INDUSTRIES INC	ex99-sjiq12015earningsrele.htm



SOURCE: STEPHEN H. CLARK			609-561-9000
		MARISSA TRAVALINE
COMPANY NAME: SOUTH JERSEY INDUSTRIES, INC.
MARKET: N
STOCK SYMBOL: SJI

		SOUTH JERSEY INDUSTRIES, INC. AND SUBSIDIARIES
		COMPARATIVE EARNINGS STATEMENTS
		(In Thousands Except for Per Share Data)
		UNAUDITED


			Three Months Ended
			March 31,
			2015	2014
Operating Revenues:
	Utility		$ 266,530	$ 210,329
	Nonutility		116,422	139,872

		Total Operating Revenues	382,952	350,201

Operating Expenses:
	Cost of Sales - (Excluding depreciation)
	- Utility		144,974	103,077
	- Nonutility		96,733	125,061
	Operations		41,861	39,350
	Maintenance		3,998	3,259
	Depreciation		16,819	14,991
	Energy and Other Taxes		2,196	1,953

		Total Operating Expenses	306,581	287,691

Operating Income			76,371	62,510

Other Income and Expense			2,241	2,368
Interest Charges			(8,601)	(7,084)

Income Before Income Taxes			70,011	57,794

Income Taxes			(16,613)	(11,869)
Equity in Earnings of Affiliated Companies			455	2,286

Income from Continuing Operations			53,853	48,211

Loss from Discontinued Operations - (Net of tax benefit)			(276)	(313)




		Net Income	$ 53,577	$ 47,898

Basic Earnings per Common Share:

	Continuing Operations		$ 0.79	$ 0.74
	Discontinued Operations		0	(0.01)

		Basic Earnings per Common Share	$ 0.79	$ 0.73

Average Shares of Common Stock Outstanding - Basic			68,397	65,530

Diluted Earnings per Common Share:

	Continuing Operations		$ 0.79	$ 0.74
	Discontinued Operations		0	(0.01)

		Diluted Earnings per Common Share	$ 0.79	$ 0.73

Average Shares of Common Stock Outstanding - Diluted			68,618	65,684

SOUTH JERSEY INDUSTRIES INC - FORM 8-K - EX-99 - EXHIBIT 99 - MEDIA FINANCIALS - May 8, 2015