PG&E Corp
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 13, 2025
PCG$13.23+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF INCOME
| Year ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Operating Revenues | |||
| Electric | $17,811 | $17,424 | $15,060 |
| Natural gas | 6,608 | 7,004 | 6,620 |
| Total operating revenues | 24,419 | 24,428 | 21,680 |
| Operating Expenses | |||
| Cost of electricity | 2,261 | 2,443 | 2,756 |
| Cost of natural gas | 1,192 | 1,754 | 2,100 |
| Operating and maintenance | 11,787 | 11,913 | 9,725 |
| SB 901 securitization charges, net | 33 | 1,267 | 608 |
| Wildfire-related claims, net of recoveries | 94 | 64 | 237 |
| Wildfire Fund expense | 383 | 567 | 477 |
| Depreciation, amortization, and decommissioning | 4,189 | 3,738 | 3,856 |
| Total operating expenses | 19,939 | 21,746 | 19,759 |
| Operating Income | 4,480 | 2,682 | 1,921 |
| Interest income | 589 | 593 | 162 |
| Interest expense | (2,781) | (2,485) | (1,658) |
| Other income, net | 319 | 293 | 595 |
| Income Before Income Taxes | 2,607 | 1,083 | 1,020 |
| Income tax benefit | (105) | (1,461) | (1,206) |
| Net Income | 2,712 | 2,544 | 2,226 |
| Preferred stock dividend requirement | 14 | 14 | 14 |
| Income Available for Common Stock | $2,698 | $2,530 | $2,212 |
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