## Founding Date | 1951 |

Piedmont Natural Gas Company is a subsidiary of Duke Energy

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.6b | 1.4b | 1.1b | 1.3b | 1.5b | 1.4b | 1.1b | 23.6b | 23.8b |

| 15% | (7%) | (16%) | ||||||

## Cost of goods sold | 6.8b | ||||||||

## Gross profit | 16.9b | ||||||||

| 71% | ||||||||

## General and administrative expense | 352.9m | 5.8b | 6.5b | ||||||

## Operating expense total | 414.3m | 430.6m | 449.7m | 477.3m | 510.3m | 542.3m | 352.9m | 5.8b | 12.2b |

## Depreciation and amortization | 7.0m | ||||||||

## EBIT | 138.3m | 143.0m | 125.7m | 144.2m | 179.9m | 185.0m | 225.4m | 5.8b | 4.7b |

| 9% | 10% | 11% | 11% | 12% | 13% | 20% | 25% | 20% |

## Interest expense | 43.7m | 44.0m | 20.1m | 24.9m | 54.7m | 68.6m | 68.6m | 2.0b | 2.1b |

## Interest income | 659.0k | 1.8m | 1.3m | 2.8m | 1.8m | 3.2m | |||

## Investment income | 28.9m | 24.0m | 23.9m | 26.1m | 32.8m | 34.5m | 28.6m | 119.0m | 83.0m |

## Pre tax profit | 185.9m | 198.1m | 220.4m | 238.6m | 227.2m | 317.4m | 4.3b | 3.1b | |

## Income tax expense | 21.8m | 77.0m | 78.2m | 85.9m | 94.8m | 90.2m | 124.2m | 1.2b | 448.0m |

## Net Income | 142.0m | 113.6m | 119.8m | 134.4m | 143.8m | 137.0m | 193.2m | 3.1b | 2.7b |