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Exhibit 99
Form 10-Q
June 30, 2000
NATIONAL FUEL GAS
CONSOLIDATED STATEMENT OF INCOME
(UNAUDITED)
Twelve Months Ended
June 30,
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2000 1999
(Thousands of Dollars)
INCOME
Operating Revenues $1,375,345 $1,249,892
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Operating Expenses
Purchased Gas 470,564 400,791
Fuel Used in Heat and Electric Generation 55,040 54,988
Operation 312,736 308,169
Maintenance 23,582 23,846
Property, Franchise and Other Taxes 78,836 90,715
Depreciation, Depletion and Amortization 135,920 126,399
Income Taxes - Net 81,534 59,203
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1,158,212 1,064,111
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Operating Income 217,133 185,781
Other Income 12,077 11,358
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Income Before Interest Charges and
Minority Interest in Foreign Subsidiary 229,210 197,139
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Interest Charges
Interest on Long-Term Debt 66,218 65,267
Other Interest 26,841 22,626
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93,059 87,893
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Minority Interest in Foreign Subsidiary (1,331) (1,717)
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Net Income Available for Common Stock $ 134,820 $ 107,529
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Basic Earnings Per Common Share: $ 3.46 $ 2.79
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Diluted Earnings Per Common Share: $ 3.42 $ 2.76
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Weighted Average Common Shares Outstanding
Used in Basic Calculation 38,994,910 38,574,864
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Used in Diluted Calculation 39,414,923 38,917,221
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