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National Grid plc$59.29($.20)(.34%)

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Income Statement for National Grid plc
(Amounts are in millions) 3/ 3/ 3/
Net Sales or Revenues $20,232.18 $19,655.26 $22,571.23
Cost of Goods Sold $15,598.01 $15,461.44 $16,471.10
Gross Profit $4,634.16 $4,193.82 $6,100.13
       
Research & Development Expense N/A $0.00 $0.00
Selling, General, & Admin. Expense N/A $0.00 $0.00
Income Before Depreciation $4,634.16 $4,193.82 $6,100.13
       
Depreciation, Depletion, Amortization N/A $0.00 $0.00
Non-Operating Income $151.24 $151.65 $120.96
Interest Expense $1,192.70 $1,490.32 $1,693.40
Pretax Income $3,592.70 $2,855.14 $4,527.69
       
Provision for Income Taxes ($1,172.80) $488.93 $654.07
Minority Interest $1.33 ($1.31) $4.48
Investment Gains (Losses) N/A $0.00 $0.00
Other Income N/A $0.00 $0.00
Income Before Extraordinaries $4,765.51 $2,366.21 $3,873.62
       
Extraordinary Items & Disc. Operations ($54.39) $7,822.88 $0.00
Net Income $4,709.79 $10,190.40 $3,869.14
       
Basic Earnings Per Share $6.81 $13.54 $5.62
Diluted Earnings Per Share $6.77 $13.48 $5.60
       
Weighted Average Basic Shares Outstanding N/A 689.91 691.46
Weighted Average Diluted Shares Outstanding N/A 689.91 691.46
       
Income Before Non-Recurring Items N/A $2,651.09 $3,599.35
Income From Non-Recurring Items N/A ($409.86) $309.25
Diluted Earnings Per Share before extras N/A $4.93 $5.20
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $5,250.32 $2,217.81 $2,463.41
Dividend Per Share (common) $7.77 $3.23 $3.59




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