DOMINION ENERGY SOUTH CAROLINA, INC. Financial Statements (2025 and earlier)

Company Profile

Business Address 400 OTARRE PARKWAY
CAYCE, SC 29033
State of Incorp. SC
Fiscal Year End December 31
Industry (SIC) 4931 - Electric and Other Services Combined (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,000  2,0004,0001,000
Cash and cash equivalent7,000  2,0004,0001,000
Receivables403,000599,000378,000383,000399,000596,000
Inventory, net of allowances, customer advances and progress billings88,00083,00080,00092,00092,00094,000
Inventory88,00083,00080,00092,00092,00094,000
Prepaid expense81,00091,000109,000121,00078,00084,000
Derivative instruments and hedges, assets73,00063,000  19,0009,000
Regulatory asset340,000299,000282,000310,000351,000444,000
Asset, held-for-sale, not part of disposal group    4,000  
Other current assets15,00016,00037,00038,00030,00023,000
Other undisclosed current assets323,000165,000298,000337,000312,000178,000
Total current assets:1,330,0001,316,0001,184,0001,287,0001,285,0001,429,000
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  3,000   6,000
Operating lease, right-of-use asset  20,000   18,000
Property, plant and equipment16,00016,00016,00016,00024,00024,000
Derivative instruments and hedges     236,000167,000
Regulated entity, other noncurrent assets3,696,0003,779,0003,686,0003,736,0003,437,0003,379,000
Other noncurrent assets    370,000  
Other undisclosed noncurrent assets12,076,00011,907,00011,644,00011,282,00010,925,00010,834,000
Total noncurrent assets:15,788,00015,725,00015,346,00015,404,00014,622,00014,428,000
TOTAL ASSETS:17,118,00017,041,00016,530,00016,691,00015,907,00015,857,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities364,000610,000438,000399,000287,000507,000
Accounts payable201,000273,000159,000189,000135,000180,000
Accrued liabilities163,000337,000279,000210,000152,000327,000
Debt210,000252,000125,000275,000210,000257,000
Derivative instruments and hedges, liabilities1,000     
Regulatory liability227,000201,000205,000230,000233,000205,000
Estimated litigation liability  7,000   3,000
Other liabilities159,000194,000198,000128,000133,000163,000
Other undisclosed current liabilities700,0001,077,0001,046,000825,0001,087,000815,000
Total current liabilities:1,661,0002,341,0002,012,0001,857,0001,950,0001,950,000
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,0002,0002,0004,452,0003,0004,000
Finance lease, liability2,0002,0002,0003,0003,0004,000
Other undisclosed long-term debt and lease obligation    4,449,000  
Liabilities, other than long-term debt3,730,0003,857,0003,826,0004,155,0003,532,0003,504,000
Asset retirement obligations1,142,0001,139,0001,178,0001,391,000734,000731,000
Liability, pension and other postretirement and postemployment benefits109,000109,000114,000114,000114,000115,000
Regulatory liability2,361,0002,488,0002,462,0002,575,0002,598,0002,579,000
Other liabilities112,000120,00072,00075,00086,00079,000
Derivative instruments and hedges, liabilities6,0001,000    
Other undisclosed noncurrent liabilities1,445,0001,407,0001,360,000(3,105,000)1,320,0001,314,000
Total noncurrent liabilities:5,177,0005,266,0005,188,0005,502,0004,855,0004,822,000
Other undisclosed liabilities4,898,0004,452,0004,452,0004,452,0004,222,0004,223,000
Total liabilities:11,736,00012,059,00011,652,00011,811,00011,027,00010,995,000
Equity
Equity, attributable to parent5,168,0004,776,0004,678,0004,685,0004,691,0004,679,000
Common stock4,338,0004,088,0004,088,0004,088,0004,088,0004,088,000
Accumulated other comprehensive loss(1,000)(1,000)(1,000)(1,000)(1,000)(1,000)
Retained earnings831,000689,000591,000598,000604,000592,000
Equity, attributable to noncontrolling interest214,000206,000200,000195,000189,000183,000
Total equity:5,382,0004,982,0004,878,0004,880,0004,880,0004,862,000
TOTAL LIABILITIES AND EQUITY:17,118,00017,041,00016,530,00016,691,00015,907,00015,857,000

Income Statement (P&L) ($ in thousands)

6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
Revenues
(gain on Disposition of Assets for Financial Service Operations)
 2,000 1,0001,000 
Other undisclosed gross profit  (16,000)   (20,000)
Gross profit: (14,000) 1,0001,000(20,000)
Operating expenses(24,000)(100,000)(56,000)(1,000)(7,000)(78,000)
Other undisclosed operating income262,000320,000236,000144,000170,000252,000
Operating income:238,000206,000180,000144,000164,000154,000
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
3,000 (3,000)1,0001,000(2,000)
Interest and debt expense(71,000)(73,000)(69,000)(67,000)(67,000)(64,000)
Income from continuing operations before income taxes:170,000133,000108,00078,00098,00088,000
Income tax expense(20,000)(29,000)(3,000)(15,000)(18,000)(17,000)
Net income:150,000104,000105,00063,00080,00071,000
Net loss attributable to noncontrolling interest(8,000)(6,000)(5,000)(6,000)(6,000)(6,000)
Other undisclosed net income attributable to parent  23,000   21,000
Net income available to common stockholders, diluted:142,000121,000100,00057,00074,00086,000

Comprehensive Income ($ in thousands)

6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
Net income:150,000104,000105,00063,00080,00071,000
Other undisclosed comprehensive income      1,000
Comprehensive income:150,000104,000105,00063,00080,00072,000
Comprehensive loss, net of tax, attributable to noncontrolling interest(8,000)(6,000)(5,000)(6,000)(6,000)(6,000)
Other undisclosed comprehensive income, net of tax, attributable to parent8,0006,0005,0006,0006,0006,000
Comprehensive income, net of tax, attributable to parent:150,000104,000105,00063,00080,00072,000

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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