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For the six months ended 30 June 2016, CMS Energy Corporation revenues decreased 8% to $3.17B. Net income increased 7% to $288M. Revenues reflect Electric Utility segment decrease of 50% to $1.02B, Gas Utility segment decrease of 79% to $271M. Net Income benefited from Electric Gen. Fuel decrease of 26% to $222M (expense), Maintenance and other operating expenses decrease of 4% to $569M (expense).
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 2111 | 1758 | 1430 | 1468 |
Gross Profit | ||||
Operating Income | 397 | 273 | 236 | 235 |
Net Income | 202 | 96 | 94 | 83 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 19198 | 19185 | 18381 | 17719 |
Total Liabilities | 15396 | 15515 | 14711 | 14074 |
Total Equity | 3802 | 3670 | 3670 | 3645 |
Period Ending: | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 760 | 1447 | 962 | 937 |
Cash From Investing Activities | -422 | -1910 | -1347 | -783 |
Cash From Financing Activities | -23 | 498 | 706 | 32 |
Net Change in Cash | 315 | 35 | 321 | 186 |
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