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NOTE 28 OPERATING SEGMENTS CAPITALIZED COSTS& Total Costs Incurred3 Results of Oper (1)7A CompanyOwned Reserves&R Standardized Measure of Discoun#V Standardized Measure of (1)& NOTE 30 QUARTERLY FINANCIAL AND PART IVX PART IV (1) SIGNATURESw SIGNATURES (1)& NonEmployee Directors146 Annual& Computation of Ratio of Earning% Subsidiaries of the Registrant!Subsidiaries of the (1)}QSubsidiaries of the (2) l  *  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??t!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007 OR Virginia   54-1229715$ (State or other jurisdiction  (I.R.S. Employer) !of incorporation or organization)  Identification No.)   120 Tredegar Street ~ jRichmond, Virginia0((Address of principal executive offices) (Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.xTv^%q=PF0*8X> @ l  =  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther 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(2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING 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Item    Page Number    Number Part I  ~   Business ~  1A.   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 ? ? ? ?333333@     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2{occ>DEW=PF0*8X> @               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ }  } $ }  } $ }  } $ }  } $ } } $ }                              DOMINION ENERGY INC /VA/ 10-K 02/28/20071)COMPANY-OWNED PROVED GAS AND OIL RESERVES      ~ Z ~ V ~ R   Proved  Total  Proved  Total  Proved  Total    Developed  Proved   Developed  Proved   Developed  Proved! Proved gas reserves (bcf)             U.S. ~ 5 ~ M ~ V8 ~ K ~ 8 ~ :KCanada~ ~ ~ ~  ~  z ~  !Total proved gas reserves~ 7~ BP~ 9~ M ~  9 ~  L%Proved oil reserves (000 bbl)     U.S.~ Z ~ F< ~ ~ *  ~  "< ~  Canada~ Vn~ ~ o~ b* ~   ~  ^9!Total proved oil reserves~  ~ -~ T ~ I  ~  " ~  z 0(Total proved gas and oil reserves (bcfe)~ H~  f~ >H~ a ~  FD ~  \$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8P ui]Q[ tL1aUI!=PF0*8X> @2     l  8  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } *} $ }  } $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007*"QUANTITIES OF GAS AND OIL PRODUCED  ~ Z ~ V ~ R Gas production (bcf)       U.S. ~  ~ N ~  Canada ~ B ~ > ~  Total gas production ~  ~  ~ r Oil production (000 bbl) U.S.~ u~ ~ Canada~ ~ v ~ v'Total oil production~ ΅~ ^~ ^+#Total gas and oil production (bcfe)~ N~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4|pdXBL~=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } } $ }  } $ } } $ }                          DOMINION ENERGY INC /VA/ 10-K 02/28/2007ACREAGE    Developed   Undeveloped   Acreage  Acreage   Gross  Net  Gross  Net  (thousands)              U.S.~ vD~ z+~ -~ :Canada~  ~ ~ V~ F Total~ N~ 2~ B5~ ~$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0smz>L=PF0*8X> @:     l  $a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGENET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }  } $ }  $      DOMINION ENERGY INC /VA/ 10-K 02/28/2007.&NET WELLS DRILLED IN THE CALENDAR YEAR  ~ Z ~ V ~ R  Exploratory:       U.S.        Productive ~  ~  ~  Dry ~  ~  ~  Total U.S.~ &~ 2~ :Canada Productive~  ?~  Dry~  ?~  Total Canada~  ?~ Total Exploratory~ ~ 2~  Development: U.S. Productive~ >~ 6~ f Dry~ ~ ~ F Total U.S.~ ~ ~ Canada Productive~ ~~ ~  Dry~ ~ ~  Total Canada~ ~ ~ Total Development~ N~ ~ F"Total wells drilled (net):~ ~ ~ "D lxl`TF-o K(gE !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDPOWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007.&NET WELLS DRILLED IN THE CALENDAR YEAR   Gross  Net  Gas wells:     U.S. ~ s ~   Canada ~ ~  ~ V Total gas wells ~ } ~ b Oil wells: U.S.~ ~  Canada~ ~ NTotal oil wells~ #~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2xl`TJo+~V=PF0*8X> @ l  KL,1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } a} $ } 0} $ } }  K      DOMINION ENERGY INC /VA/ 10-K 02/28/2007POWER GENERATION Plant  Location  Primary Fuel Type   Net Summer        Capability (Mw) Utility Generation         North Anna   Mineral, VA  Nuclear ~ V (a) Surry   Surry, VA  Nuclear ~   Mt. Storm Mt. Storm, WV Coal~  Chesterfield Chester, VA Coal~ J ChesapeakeChesapeake, VA Coal~ N Clover Clover, VA Coal~  (b)Yorktown Yorktown, VA Coal~  BremoBremo Bluff, VA Coal~  MecklenburgClarksville, VA Coal~ * North Branch Bayard, WV Coal~ * Altavista Altavista, VA Coal~  SouthamptonSouthampton, VA Coal~ Yorktown Yorktown, VA Oil~   Possum Point Dumfries, VA Oil~ J Gravel Neck (CT) Surry, VA Oil~ Darbytown (CT) Richmond, VA Oil~ BChesapeake (CT)Chesapeake, VA Oil~ Possum Point (CT) Dumfries, VA Oil~   Low Moor (CT) Covington, VA Oil~ Northern Neck (CT) Lively, VA Oil~ Dlvj ,9>KQY`ed !"#$%&'()*+,-./0123456789:;<=>? Kitty Hawk (CT)  Kitty Hawk, NC  Oil ~  !Remington (CT)!! Remington, VA! !Gas!~ ! !"Possum Point (CC)"" Dumfries, VA" "Gas"~ "N "(c)#Chesterfield (CC)## Chester, VA# #Gas#~ #6#$ Possum Point$$ Dumfries, VA$ $Gas$~ $$%Elizabeth River (CT)%%Chesapeake, VA% %Gas%~ %%&Ladysmith (CT)&& Ladysmith, VA& &Gas&~ &&'Bellmeade (CC)'' Richmond, VA' 'Gas'~ '' (Gordonsville Energy (CC)((Gordonsville, VA( (Gas(~ (j() Rosemary (CC)))Roanoke Rapids, NC) )Gas)~ ))*Gravel Neck (CT)** Surry, VA* *Gas*~ *J*+Darbytown (CT)++ Richmond, VA+ +Gas+~ +B+, Bath County,,Warm Springs, VA, ,Hydro,~ , ,(d)-Gaston--Roanoke Rapids, NC- -Hydro-~ --.Roanoke Rapids..Roanoke Rapids, NC. .Hydro.~ ../ Pittsylvania//Hurt, VA/ /Wood/~ /B/ 0Other00Various00Various0~ 0>01Purchased Capacity11111~ 1r 1 2Total Utility Generation22222~ 2r23Merchant Generation33333334 Millstone44 Waterford, CT44Nuclear4~ 4~ 4(e)5Kewaunee55 Kewaunee, WI55Nuclear5~ 556Kincaid66 Kincaid, IL6 6Coal6~ 667 Brayton Point77 Somerset, MA7 7Coal7~ 778 State Line88 Hammond, IN8 8Coal8~ 889 Salem Harbor99 Salem, MA9 9Coal9~ 99: Morgantown::Morgantown, WV: :Coal:~ :f :(f); Salem Harbor;; Salem, MA; ;Oil;~ ;;< Brayton Point<< Somerset, MA< <Oil<~ <<= Fairless (CC)==Fairless Hills, PA= =Gas=~ = =(c)> Elwood (CT)>> Elwood, IL> >Gas>~ >"  >(g)?Armstrong (CT)?? Shelocta, PA? ?Gas?~ ?  ?(h)D_l~y{thfb\m  % @ABCDEFGHIJ@ Troy (CT)@@ Luckey, OH@ @Gas@~ @b  @(h)AManchester (CC)AAProvidence, RIA AGasA~ AABPleasants (CT)BBSt. Mary?s, WVB BGasB~ B B(h) COtherCCVariousCCVariousC~ CFC!DTotal Merchant GenerationDDDDD~ DڠDETotal CapacityEEEEE~ EJEFG$H____________________________1I)Created by Morningstar Document Research.0J(http://documentresearch.morningstar.com/f =PF0*8X> @JJIIHH l  wKKV+bi  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } D w      DOMINION ENERGY INC /VA/ 10-K 02/28/2007,$EXECUTIVE OFFICERS OF THE REGISTRANT  Name and Age + #Business Experience Past Five Years" Thomas F. Farrell, II (52) - %President and Chief Executive Officer  / '(CEO) of Dominion Resources, Inc. (DRI)  2 *from January 2006 to date; Chairman of the  7 /Board of Directors and CEO of Virginia Electric1)and Power Company (VP) from February 20064,to date; Chairman of the Board of Directors,1)President and CEO of Consolidated Natural4,Gas Company (CNG) from January 2006 to date;0(Director of DRI from March 2005 to date;-%President and Chief Operating Officer2*(COO) of DRI from January 2004 to December3+2005; President and COO of CNG from January7/2004 to December 2005; Executive Vice President0(of DRI from March 1999 to December 2003;2*President and CEO of VP from December 20022*to December 2003; Executive Vice President2*of CNG from January 2000 to December 2003;1)CEO of VP from May 1999 to December 2002.Thomas N. Chewning (61)4,Executive Vice President and Chief Financial3+Officer (CFO) of DRI from May 1999 to date;/'Executive Vice President and CFO of CNGDK lznbV2|1CV s$7N6 !"#$%&'()*+,-./0123456789:;<=>?  1 )from January 2000 to date; Executive Vice!!2!*President and CFO of VP from February 2006"""to date.##$Eva S. Hardy (62)$1$)Executive Vice President?External Affairs%%1%)& Corporate Communications of DRI and CNG&&A&9from January 2007 to date; Senior Vice President?External''-'%Affairs & Corporate Communications of((1()DRI from May 1999 to December 2006 and of))1))CNG from September 1999 to December 2006.**+Jay L. Johnson (60)+/+'Executive Vice President of DRI and CNG,,1,)from December 2002 to date; President and--0-(COO?Delivery of VP from February 2006 to..3.+date; President and CEO of VP from December//4/,2002 to January 2006; Senior Vice President,00-0%Business Excellence, Dominion Energy,1121*Inc. (DEI) from September 2000 to December22~ 2J334Paul D. Koonce (47)424*Executive Vice President of DRI from April55.5&2006 to date; President and COO?Energy6646,of VP from February 2006 to date; CEO?Energy7707(of VP from January 2004 to January 2006;8808(CEO?Transmission of VP from January 200399991to December 2003; Senior Vice President?Portfolio::6:.Management of VP from January 2000 to December;;~ ;J<<=Mark F. McGettrick (49)=2=*Executive Vice President of DRI from April>>2>*2006 to date; President and COO?Generation??3?+of VP from February 2006 to date; PresidentDG le9!v6s'?Rl yS;@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@2@*and CEO?Generation of VP from January 2003AA.A&to January 2006; Senior Vice PresidentBB.B&and Chief Administrative Officer (CAO)CC2C*of DRI from January 2002 to December 2002;DD1D)President of Dominion Resources Services,EE/E'Inc. (DRS) from October 2002 to JanuaryFF~ FNGGHDuane C. Radtke (58)H/H'Executive Vice President of DRI and CNGII Ifrom April 2001 to date.JJKDavid A. Christian (52)K0K(Senior Vice President?Nuclear OperationsLL2L*and Chief Nuclear Officer of VP from AprilMMM 2000 to date.NNOMary C. Doswell (48)O1O)Senior Vice President and CAO of DRI fromPP/P'January 2003 to date; President and CEOQQ3Q+of DRS from January 2004 to date; PresidentRR2R*of DRS from January 2003 to December 2003;SS/S'Vice President?Billing and Credit of VPTT+T#from October 2001 to December 2002.UUVG. Scott Hetzer (50)V.V&Senior Vice President and Treasurer ofWW8W0DRI from May 1999 to date; Senior Vice PresidentXX0X(and Treasurer of VP and CNG from JanuaryYYY 2000 to date.ZZ[Steven A. Rogers (45)[2[*Senior Vice President and Chief Accounting\\4\,Officer of DRI, VP and CNG from January 2007]]5]-to date; Senior Vice President and Controller^^2^*of DRI and CNG from April 2006 to December__._&2006; Senior Vice President (PrincipalD lh8_GeMRrZ\+``abcdefghijklmnopqrstuv``2`*Accounting Officer) (PAO) of VP from Aprilaa.a&2006 to December 2006; Vice President,bb2b*Controller and PAO of DRI and CNG and Vicecc1c)President and PAO of VP from June 2000 toddd April 2006.eefJames L. Sanderlin (65)f7f/Senior Vice President?Law of DRI from Septembergg/g'1999 to date; Senior Vice President?Lawhh)h!of CNG from January 2000 to date.iijJames F. Stutts (62)j1j)Senior Vice President and General Counselkk5k-of DRI, VP and CNG from January 2007 to date;ll1l)Vice President and General Counsel of DRImm2m*from September 1997 to December 2006; Vicenn0n(President and General Counsel of VP fromoo5o-January 2002 to December 2006; Vice Presidentpp/p'and General Counsel of CNG from Januaryqqq2000 to December 2006.rs$t____________________________1u)Created by Morningstar Document Research.0v(http://documentresearch.morningstar.com/2phtu'?=PF0*8X> @vvuutt l  „  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGISISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } a} $ } m} $ } U} $ } } $ } } <                            DOMINION ENERGY INC /VA/ 10-K 02/28/2007-%ISSUER PURCHASES OF EQUITY SECURITIES    Period  (a)  (b)   (c)  (d)   Total  Average    Total Number  Maximum Number (or   Number  Price   of Shares (or Units) ! Approximate Dollar Value)    of Shares  Paid per   Purchased as Part % of Shares (or Units) that May    (or Units)  Share   of Publicly Announced " Yet Be Purchased under the Purchased (1) (or Unit)Plans or Programs (2)  Plans or Program 10/1/06 ? 10/31/06~ np= sS@ N/A  21,275,000 shares/$  1.72 billion11/1/06 ? 11/30/06~ Q8T@~   20,775,000 shares/$  1.68 billion12/1/06 ? 12/31/06~ }3fffffVV@~ ~ 2f3  15,738,572 shares/$  1.23 billion Total~ SRGz$V@~ ~ Q  15,738,572 shares/$  1.23 billion$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 ymaU;2|MY=PF0*8X> @         l  &#  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUEMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ }  } $ }  }  $ } } $ } U} $ }  } $ &      DOMINION ENERGY INC /VA/ 10-K 02/28/2007-%ISSUER PURCHASES OF EQUITY SECURITIES        2006 (1)   2005 (2)   2004 (3)   2003 (4)  ~ J , $(millions, except per share amounts)                      Operating revenue ~   ~   ~   ~   ~ > 0 (Income from continuing operations before  ~ n   ~ ^   ~    ~    ~ R 2*cumulative effect of changes in accounting principles.&Loss from discontinued operations, net~ &~   ~    ~ ~  of tax (5)2*Cumulative effect of changes in accounting ?~     ?  ~ . ?principles, net of tax Net income~ ~ &  ~    ~ ~ J0(Income from continuing operations beforezG@{Gz@   (\@  (\@ffffff@2*cumulative effect of changes in accounting)!principles per common share?basic)!Net income per common share?basic@)\(@   ffffff@  ~ ffffff@0(Income from continuing operations before@RQ@   @  @RQ@2*cumulative effect of changes in accounting+#principles per common share?diluted+#Net income per common share?dilutedq= ףp@~    = ףp=@  ~ HzG@ Dividends paid per shareGz@q= ףp@   @  p= ף@p= ף@ Total assets~ ~ 6  ~    ~ j~ eLong-term debt (6)~ ~   ~  N  ~ ~ rD?lymaUYwKpB eUy7k !"#$%5 -Preferred securities of subsidiary trusts (6)   ?    ?    ?    ?   ~  !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/Pd=PF0*8X> @j %%$$##         l  _  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)RESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ }  } $} $ } $} $ }                            DOMINION ENERGY INC /VA/ 10-K 02/28/2007EMPLOYEE BENEFIT PLANS          Increase in         Net Periodic Cost Actuarial Assumption   Change in   Pension  Other    Assumption   Benefits  Postretirement         Benefits&(millions, except percentages) Discount rateп %~ 6~ %Rate of return on plan assetsп %~ .~   "Healthcare cost trend rate~  % N/A~  z$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4J|pd{!y?3'=PF0*8X> @b            l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } '} $ }  } $ }  } $ } } $ } } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007RESULTS OF OPERATIONS       Year Ended ~ Z  $ Change ~ V  $ Change  ~ R  December 31, (millions, except EPS)                   Net Income ~  ~ n ~ & ~   ~ ( Diluted earnings per share (EPS)q= ףp@(\?~     (\ = ףp=@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|}qe+?9-!=PF0*8X> @j          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONSSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ }  } $ }  }  $ } } $ }  } $ }  } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007+#Analysis of Consolidated Operations      Year ended December 31, ~ Z   $ Change  ~ V   $ Change  ~ R   (millions)                      Operating Revenue ~   ~   ~   ~ *?  ~   Operating Expenses                    *"Electric fuel and energy purchases~ 2~   ~  H  ~ '~ :!#Purchased electric capacity~ ~   ~    ~ ~ .  Purchased gas~ -~ R  ~  =  ~ ~ -0(Other energy-related commodity purchases~ ~ >  ~    ~ J~ v( Other operations and maintenance~ B3~   ~  /  ~ ~ +0(Depreciation, depletion and amortization~ ~ F  ~    ~ ~ & Other taxes~ ~   ~     ~ ~  Other income~ ~   ~    ~ ~ $Interest and related charges~ ~   ~    ~ ~ zIncome tax expense~ b~ 2  ~  2   ~ .~  .&Loss from discontinued operations, net~ &~ F  ~    ~ B~ of tax$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@D{ocW[n\sK*rP8 =PF0*8X> @j          l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } U} $ }  }  $ } U} $ }  } $ } U} $ }  } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS       Year Ended ~ Z  ~ V  ~ R   December 31,   Net   Diluted   Net   Diluted   Net   Diluted    Income   EPS   Income   EPS   Income   EPS (millions, except EPS)                    Dominion Delivery~ ? ~    ?~ J(\?Dominion Energy~ RQ?  ~    (\?~ = ףp=?Dominion Generation~ f{Gz?  ~    333333?~ V(\? Dominion E&P~  zG?  ~    = ףp=?~ N ?"Primary operating segments~ ~Q@  ~  R  HzG@~ (\@ Corporate~   ~    (\~ (\ Consolidated~ q= ףp@ ~  &  ~ ~ = ףp=@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:-ui]1NAGX=PF0*8X> @                l  'C  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 8} $ }  } $ } y } $} $ }  } $ } y } $} $ }                               DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS     Year Ended December 31, ~ Z  % Change  ~ V  % Change  ~ R1 )Electricity delivered (million mwhrs) (1)  33333S@ ~  %  YT@ ~  % ~ :, $Degree days (electric service area):              Cooling (2) ~ V ~   ~  ~ "  ~   Heating (3) ~ 1 ~   ~ "; ~   ~ 97/Average electric delivery customer accounts (4)~ ^$~  ~ #~     ~  #Gas throughput (bcf):     Gas sales~ z~ ~ ~    ~  Gas transportation~  ?~ ~    ~  2*Heating degree days (gas service area) (3)~ Q~ ~ .\~    ~  RY4,Average gas delivery customer accounts (4) :     Gas sales~ j ~ ~ ~    ~  Gas transportation~  ~ j~ V ~    ~   4,Average nonregulated retail energy marketing~ *~ F~ *~    ~  customer accounts (4)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<ui]_(wAy@=PF0*8X> @   l   %_  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 2} $ } $} $ }  } $                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)         ! Regulated electric sales:        Weather~ {GzCustomer growth~ .Q? Other (1)~ >{Gz?#Regulated gas sales?weather~ Q뱿2*Major storm damage and service restoration~ Interest expense (2)~ QOther margins?gas (3)~ Q0(2005 North Carolina rate case settlement~ {Gz,$Nonregulated retail energy marketing~ (\?operations (4) Other~ {Gz?Share dilution ?Q)!Change in net income contribution~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/DQ lui]Q>XL&iOU=PF0*8X> @R     l  z  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ } U} $ }  } $                                 DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)          Interest expense (1) ~    {Gz ,$Salaries, wages and benefits expense~ {GzDepreciation expense~ QBad debt expense (2)~ {Gz!Regulated electric sales:Weather~ :{Gz?Customer growth~ .Q?#Regulated gas sales?weather~ "{Gz?0(2005 North Carolina rate case settlement~ {Gz? Other~  ?Share dilution ?)!Change in net income contribution~ )\($____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@v Dui]QS3&(sK=PF0*8X> @R       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } <(} $ } U} $ }  } $                            DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)          Gas transmission:        Other margins (1)~ )\(?Rate settlement (2)~ {GzProducer services (3)~ ^Q? Other~ {GzShare dilution ?{Gz)!Change in net income contribution~  ףp= ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6Kui]QFRPRF:=PF0*8X> @R     l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } +} $ } $} $ }  } $                             DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)          Producer services (1) ~     ףp= ? Economic hedges (2)~ ZQ?Cove Point (3)~ 6{Gz?( Gas transmission rate settlement~ ,$Salaries, wages and benefits expense~ Q Other~ {Gz?Share dilution ?{Gz)!Change in net income contribution~  ףp= ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ui]QRI#f=PF0*8X> @R       l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } -} $ }  } $ } y } $} $ }  } $ } y } $} $ }                          DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS      Year Ended ~ Z  % Change  ~ V  % Change  ~ R  December 31,- %Electricity supplied (million mwhrs):             Utility  S@ ~  %  YT@ ~  % ~ :  Merchant (1)  D@  ?   D@ ~    =@-%Degree days (electric utility service    area):Cooling~ V~ ~ ~  "  ~  Heating~ 1~ ~ ";~    ~  9$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2ui],u8sK=PF0*8X> @   l   A  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ } $} $ }  } $                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)         & Merchant generation margin (1) ~ ^   )\(? *"Unrecovered Virginia fuel expenses~ Q?!Regulated electric sales:Customer growth~ bQ?Weather~  ףp= ǿ Other (2)~ F?%Sales of emissions allowances~ bQ Energy supply margin (3)~ {GzOutage costs (4)~ Q,$Salaries, wages and benefits expense~ {Gz0(2005 North Carolina rate case settlement~ Q Other~  ?Share dilution ?Q)!Change in net income contribution~ Q?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D lui]QI.0"zjl`T,=PF0*8X> @R       l  !)  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } =} $ } U} $ }  } $ !                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)         * "Unrecovered Virginia fuel expenses ~    333333 ;3Energy marketing and risk management activities (1)~ :333333ÿ0(Interest and other financing expense (2)~ Rp= ף,$Salaries, wages and benefits expense~ r)\(&Merchant generation margin (3)~ ףp= ?%Sales of emissions allowances~ RQ? Energy supply margin (4)~ Q?!Regulated electric sales:Weather~ Q?Customer growth~ bQ?+#Purchased electric capacity expense~ )\(?0(2005 North Carolina rate case settlement~ *Q? Other~ Q뱿Share dilution ?)!Change in net income contribution~ .= ףp=ڿ$____________________________1)Created by Morningstar Document Research.Dg lui]QEjG68 v 0 (http://documentresearch.morningstar.com/H=PF0*8X> @R       l  !  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } y<} $ } U} $ } y } $} $ } U} $ } y } $} $ } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS      Year Ended December 31, ~ Z  % Change  ~ V  % Change  ~ R Gas production (bcf)  ~  ~ * %  ~ b ~  %  ~ F% Oil production (million bbls)   333338@ ~     .@ ~ 6    333333+@8 0Average realized prices without hedging results:                Gas (per mcf) (1)  Q@ ~    Q@ ~    (\@ Oil (per bbl)GzTK@~ * QH@ ~    QA@:2Average realized prices with hedging results (2) :     Gas (per mcf) (1))\(@~  Q@ ~  B  RQ@ Oil (per bbl)R@@~ . (\5>@ ~  R  \(9@DD&A (per mcfe)\(\?~ B Q? ~  6  ?80Average production (lifting) cost (per mcfe) (3) ףp= ?~   Q? ~  n  q= ףp?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 ui]Nky=PF0*8X> @J        l  6  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } <(} $ } $} $ }  } $                              DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)         " Gas and oil?production (1) ~ Z   zG? 'Business interruption insurance~  ףp= ?&Operations and maintenance (2)~ )\(?Gas and oil?prices~ 333333 DD&A~ zGz޿Interest expense (3)~  ףp=  Other~ {Gz?Share dilution ?{Gz)!Change in net income contribution~ (\?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/: ui]QM(*)+=PF0*8X> @R       l  O  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 1} $ }  } $ }  } $                              DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS   Increase (Decrease)    Amount   EPS  (millions, except EPS)         & Operations and maintenance (1) ~    = ףp=ڿ "Gas and oil?production (2)~ F(\տInterest expense (3)~ {GzGas and oil?prices~ Q?1)Business interruption insurance?Hurricane~ 333333? Ivan Other~ {Gz?Share dilution ?Q)!Change in net income contribution~ {GzĿ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:< ui]QI3}qI=PF0*8X> @R       l  f  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }  } $ } }  $ }                        DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS      Natural Gas  Oil Year  Hedged  Average  Hedged  Average    production   hedge price   production   hedge price   (bcf)   (per mcf)  (million bbls)   (per bbl)~ ^  fffff&l@  @ ~ *  Gz@@~ be@(\u @~   GzH@~ fLB@zG@333333?  ףp= R@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.)ui]o\$ =PF0*8X> @j          l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ } U} $ } U}  $ } U} $                            DOMINION ENERGY INC /VA/ 10-K 02/28/2007%SEGMENT RESULTS OF OPERATIONS      ~ Z  ~ V  ~ R & (millions, except EPS amounts)             0 (Specific items attributable to operating ~   ~   ~   segmentsDCI operations~ ~   ~   &Peaker discontinued operations~ &~   ~   )!Telecommunications operations (1) ?~   ~   "Other corporate operations~ ~ 2  ~   Total net expense~ ~   ~   !Earnings per share impact(\  (\ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 ui]C}S"sg?=PF0*8X> @b         l  җ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)SELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 8} $ } U} $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007:2SELECTED INFORMATION#151;ENERGY TRADING ACTIVITIES   Amount   (millions)     0 (Net unrealized loss at December 31, 2005 ~  / 'Contracts realized or otherwise settled  ~  during the period5-Net unrealized gain at inception of contracts ?#initiated during the period-%Change in unrealized gains and losses~ .&Changes in unrealized gains and losses ?7/attributable to changes in valuation techniques0(Net unrealized gain at December 31, 2006~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8l`TH *>Q|=PF0*8X> @2   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY T!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant 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INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } m)} $ } $} $ } }  $ } $} $ } } $ } } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007:2SELECTED INFORMATION#151;ENERGY TRADING ACTIVITIES       - %Maturity Based on Contract Settlement   or Delivery Date(s) Source of Fair Value  Less  1-2   2-3   3-5   In excess  Total   than 1  years   years   years   of 5 years   year (millions)     Actively-quoted (1)~ ~ ~      $? $?~ "Other external sources (2) ?~  ~     ~ ~ ~ *"Models and other valuation methods ? ?   ?    ? ? ? Total~ ~ ~    ~  ~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6 l`THL.H! =PF0*8X> @                 l  _  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1) CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the 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EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T 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and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 1} $ } $} $ } } $ } $                            DOMINION ENERGY INC /VA/ 10-K 02/28/2007 CREDIT RISK    Gross  Credit  Net   Credit   Collateral  Credit   Exposure     Exposure  (millions)          Investment grade (1)~ ^ ~ r~   Non-investment grade (2)~ ~  ~  No external ratings: -%Internally rated?investment grade (3)~ b~ ~  N1)Internally rated?non-investment grade (4)~  ?~   Total~ N~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6{o+]-)T=PF0*8X> @             l  \  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISKCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ }  } $ } $} $ } U} $ } U} $ } U       DOMINION ENERGY 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OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERM LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } U} $ } U} $ } U} $ } } $ } m       DOMINION ENERGY INC /VA/ 10-K 02/28/2007-%CREDIT FACILITIES AND SHORT-TERM DEBT      Company  Facility   Outstanding  Facility  Facility  Facility   Limit   Letters of  Capacity  Inception Date   Maturity Date      Credit   Remaining  (millions)                 CNG~ ~ f~ .   June 2004   June 2007 CNG~ ~   ?   August 2004   August 2009CNG (1)~ " ?~  "   December 2005   December 2010Totals~ B~ ~ N    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2< ymaUAD]9-!=PF0*8X> @             l  4  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1)Credit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } m)} $ } U} $ } y } $} $ } y } $ }                           DOMINION ENERGY INC /VA/ 10-K 02/28/2007LONG-TERM DEBT   Type   Principal  Rate   Maturity  Issuing Company    (millions)       * "Enhanced junior subordinated notes ~   333333@ % ~ J   Dominion  Senior notes  ~ B  variable  ~ b  Dominion* "Enhanced junior subordinated notes  ~   @ % ~ J   Dominion Senior notes~ ffffff@ %~   Dominion Senior notes~ ~  %~   Virginia Power Senior notes~  @ %~   Virginia Power#Total long-term debt issued~ J&  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2? xlHut6*=PF0*8X> @:       l   lP  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } a/} $ } } $ } I } $ } y       DOMINION ENERGY INC /VA/ 10-K 02/28/2007Credit Ratings   Fitch  Moody?s  Standard       & Poor?s Dominion Resources, Inc.      (  Senior unsecured debt securities  BBB+  Baa2  BBB+ #Junior subordinated debt securities  BBB  Baa3  BB+*"Enhanced junior subordinated notes BBB Baa3 BB+Commercial paper F2 P-2 A-2Virginia PowerMortgage bonds A A3 A?/'Senior unsecured (including tax-exempt) BBB+ Baa1 BBBdebt securities+#Junior subordinated debt securities BBB Baa2 BB+Preferred stock BBB Baa3 BB+Commercial paper F2 P-2 A-2 CNG( Senior unsecured debt securities BBB+ Baa1 BBB+#Junior subordinated debt securities BBB Baa2 BB+Commercial paper F2 P-2 A-2$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D lxlTih38bui]5=PF0*8X> @ l  d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit Ratings!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } I } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007Debt Covenants Company  Maximum  Actual   Ratio   Ratio (1) Dominion Resources, Inc.  65%  54% Virginia Power  65%  47% CNG  65%  47%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*~hxl0 @ l  !K  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ }  } $ }  } $ } } $ } } $ }  !      DOMINION ENERGY INC /VA/ 10-K 02/28/2007YQFuture Cash Payments for Contractual Obligations and Planned Capital Expenditures         Less than  1-3  3-5   More than  Total   1 year  years  years  5 years  (millions)           Long-term debt (1) ~ & ~  ~ .& ~   ~  Interest payments (2)  ~   ~   ~   ~ š  ~ Leases~ F~ f~    ~   ~ *"Purchase obligations (3) :     /'Purchased electric capacity for utility~ z~  ~     ~  ~" ~ ~? operations.&Fuel to be used for utility operations~ 6 ~  ~    ~   ~ &3+Fuel to be used for nonregulated operations~ r~ ~    ~   ~ Production handling~ ~ ~  j  ~   ~ j+#Pipeline transportation and storage~ V~ ~    ~  V ~ R 1)Energy commodity purchases for resale (4)~ V~ ~~  2  ~   ~  Other (5)~ J ~ ~    ~   ~  )!Other long-term liabilities (6) :     ,$Financial derivative?commodities (4)~  ~ ~       ? ~ )!Other contractual obligations (7)~ ~ R~  >    ? ~ ~Total cash payments~ m~ d~ T ~   r ~ B$____________________________1)Created by Morningstar Document Research.D<lMA5)iE8h1DZ 0 (http://documentresearch.morningstar.com/H=PF0*8X> @               l  >  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for ContraIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 8} $ } y       DOMINION ENERGY INC /VA/ 10-K 02/28/2007,$[THIS PAGE INTENTIONALLY LEFT BLANK]   Page No./ 'Report of Independent Registered Public ~  Accounting Firm- %Consolidated Statements of Income for ~ / 'the years ended December 31, 2006, 2005and 20043+Consolidated Balance Sheets at December 31,~  2006 and 20057/Consolidated Statements of Common Shareholders?~ 7/Equity and Comprehensive Income at December 31,2*2006, 2005 and 2004 and for the years then ended-%Consolidated Statements of Cash Flows~ 3+for the years ended December 31, 2006, 2005and 20042*Notes to Consolidated Financial Statements~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@DznbV2S MI5=PF0*8X> @ l  B{]6  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BL Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 1} $ }  } $ }  }  $ } } $ B                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007Income Statement     Year Ended December 31, ~ Z  ~ V  ~ R , $(millions, except per share amounts)              Operating Revenue ~   ~   ~   Operating Expenses            *"Electric fuel and energy purchases~ 2~ H  ~  :! #Purchased electric capacity~ ~   ~  .   Purchased gas~ -~ =  ~  - 0(Other energy-related commodity purchases~ ~   ~  v ( Other operations and maintenance~ B3~ /  ~  + 0(Depreciation, depletion and amortization~ ~   ~  &  Other taxes~ ~    ~    Total operating expenses~ F~   ~   Income from operations~ F4~ &  ~  *  Other income~ ~   ~   %Interest and related charges:    Interest expense~  ~ 2   ~  z  ,$Interest expense?junior subordinated~ ~   ~   notes payable (1)&Subsidiary preferred dividends~ B~ B  ~  B *"Total interest and related charges~ ~   ~  z 0(Income from continuing operations before~ &~   ~   income tax expenseD]lvj9m0l6tC$r  ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ?  Income tax expense  ~ b   ~ 2    ~   !Minority interest!!~ !!!! !?!! !  ! ?! 0"(Income from continuing operations before""~ "n"""~ "^"" " ~ " " 1#)cumulative effect of change in accounting$ principle.%&Loss from discontinued operations (net%%~ %&%%%~ %%% % ~ % % 1&)of income tax benefit of $100, $2 and $10-'%in 2006, 2005 and 2004, respectively)1()Cumulative effect of change in accounting(( (?(((~ ((( (  ( ?( /)'principle (net of income tax benefit of~ *+ Net Income+~ +++~ +&++ ~ + + (, Earnings Per Common Share?Basic:,,,,,,,,, , , , 0-(Income from continuing operations before--zG@---{Gz@-- - (\@- 1.)cumulative effect of change in accounting/ principle)0!Loss from discontinued operations000p= ף0000{Gz00 0 0 Q뱿0 11)Cumulative effect of change in accounting11 1?1111{Gz11 1  1 ?1 2 principle3 Net income33@333)\(@33 3 ffffff@3 *4"Earnings Per Common Share?Diluted:444444444 4 4 4 05(Income from continuing operations before55@555RQ@55 5 @5 16)cumulative effect of change in accounting7 principle)8!Loss from discontinued operations888p= ף8888{Gz88 8 8 Q뱿8 19)Cumulative effect of change in accounting99 9?9999{Gz99 9  9 ?9 : principle; Net income;;q= ףp@;;~ ;;; ; = ףp=@; '<Dividends paid per common share<<Gz@<<<q= ףp@<< < @< =>$?____________________________DlLY]O Y$@s^ Z%At_&@ A 1@)Created by Morningstar Document Research.0A(http://documentresearch.morningstar.com/=PF0*8X> @AA @@ ?? <<<<<< ;;;;;; 555555 333333 ------ ++++++     l  7P  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome StatementCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ }  } $ }  } $ 7                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007 Balance Sheet At December 31, ~ Z  ~ V   (millions)          ASSETS         Current Assets        !Cash and cash equivalents~ *~ J,$Customer receivables (less allowance~ n%~ 4-%for doubtful accounts of $26 and $38)-%Other receivables (less allowance for~ ~ ( doubtful accounts of $13 and $9) Inventories:Materials and supplies~ ~ " Fossil fuel~ ~  Gas stored~ ~ 6Derivative assets~ ~ 5Assets held for sale~ ~ Deferred income taxes~ ~  Prepayments~ ~  Other~ ~ v Total current assets~ ~~ F Investments+#Nuclear decommissioning trust funds~ +~ '%Available-for-sale securities~ ~ ~D lym<,'a57B==D ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6  Loans receivable, net  ~ >   ~ ~  !Other!!~ !R !!!~ !& !"Total investments""~ ";"""~ "6"%#Property, Plant and Equipment########%$Property, plant and equipment$$~ $ި$$$~ $>$+%#Accumulated depreciation, depletion%%~ %>"%%%~ %2%&and amortization0'(Total property, plant and equipment, net''~ ''''~ '2')(!Deferred Charges and Other Assets(((((((()Goodwill))~ )*C)))~ )*C)0*(Pension and other postretirement benefit**~ *z***~ **+assets,Derivative assets,,~ , ,,,~ ,,-Intangible assets--~ - ---~ - -.Regulatory assets..~ .n...~ . . /Other//~ / ///~ /& //0'Total deferred charges and other assets00~ 0r|000~ 001 Total assets1~ 111~ 16123$4____________________________15)Created by Morningstar Document Research.06(http://documentresearch.morningstar.com/2 {o(#ywznF=PF0*8X> @J 6655441111   l  6%  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U5} $ }  } $ }  } $ 6                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007#CONSOLIDATED BALANCE SHEETS At December 31, ~ Z  ~ V   (millions)         , $LIABILITIES AND SHAREHOLDERS? EQUITY         Current Liabilities        &Securities due within one year~ &~ j$Short-term debt~ r$~ JAccounts payable~ z!~ ++#Accrued interest, payroll and taxes~  ~  Derivative liabilities~ #~ _!Liabilities held for sale~  ? Other~  ~ !Total current liabilities~ v~ BLong-Term DebtLong-term debt~ ~ -%Junior subordinated notes payable to: Affiliates~ ~ " Other~ z  ?Total long-term debt~ ~ .&Deferred Credits and Other Liabilities0(Deferred income taxes and investment tax~ [~ Mcredits$Asset retirement obligations~ *~ &#D]lwk_. zmpm^pZ ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5  Derivative liabilities  ~     ~ > !Regulatory liabilities!!~ ! !!!~ !~ ! "Other""~ "6"""~ ""4#,Total deferred credits and other liabilities##~ #"###~ #&#$Total liabilities$$~ $3$$$~ $Z$/%'Commitments and Contingencies (see Note%%%%%%%%~ &^'Minority Interest''~ '^''' '?'.(&Subsidiary Preferred Stock Not Subject((~ ((((~ (()To Mandatory Redemption#*Common Shareholders? Equity********+Common stock?no par (1)++~ +ʯ+++~ +Z+,Other paid-in capital,,~ ,,,,~ ,,-Retained earnings--~ ----~ -:-,.$Accumulated other comprehensive loss..~ .^...~ ..)/!Total common shareholders? equity//~ ////~ /v/20*Total liabilities and shareholders? equity0~ 000~ 06012$3____________________________14)Created by Morningstar Document Research.05(http://documentresearch.morningstar.com/0 zbAztO=PF0*8X> @J 5544330000   l  c Pwp(  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETS Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 7} $ } } $ } U}  $ } $} $ }  } $ }  } $ }  } $ c      DOMINION ENERGY INC /VA/ 10-K 02/28/2007#CONSOLIDATED BALANCE SHEETS         Common Stock   Other   Retained    Accumulated   Total           Paid-In   Earnings   Other          Capital        Comprehensive   Shares   Amount            Income (Loss)    (millions)                    $Balance at December 31, 2003~ ~ ~    ~  z~ .~ Comprehensive income:      Net income     ~ ~ .&Net deferred derivative losses?hedging     ~ ~ +#activities, net of $632 tax benefit6.Net unrealized gains on investment securities,     ~ ~ net of $18 tax expense0(Foreign currency translation adjustments     ~ z~ z+#Amounts reclassified to net income:     5-Net realized losses on investment securities,     ~ ^~ ^net of $12 tax benefit1)Net derivative losses?hedging activities,     ~  ~  net of $407 tax benefit0(Foreign currency translation adjustments     ~ R~ R"Total comprehensive income     ~ ~ F~  2*Issuance of stock?equity-linked securities~ ~ v     ~ v-%Issuance of stock?employee and direct~ ~ :     ~ :Dlwk_?VWKol= !"#$%&'()*+,-./0123456789:;<=>? stock purchase plans0!(Stock awards and stock options exercised!~ !!!!~ !~!!! ! ! ! ! !!!!!!!!~ !~!0"((net of change in unearned compensation)2#*Cash settlement?forward equity transaction# #?###~ #### # # # # ########~ ##/$'Tax benefit from stock awards and stock$$$$$$$$$ ~ $ ~$ $ $ $$$$$$$$~ $~$%options exercised& Dividends&&&&&&&&& & & & & ~ &&&&&&&&~ &&$'Balance at December 31, 2004'~ 'R'''~ '"''' ~ ' r' ' ' ~ ''''~ 'r'''~ ''(Comprehensive income:((((((((( ( ( ( ( (((((((((() Net income))))))))) ) ) ) ) ~ )&)))))))~ )&).*&Net deferred derivative losses?hedging********* * * * * ****~ ****~ **-+%activities, net of $1,648 tax benefit6,.Net unrealized gains on investment securities,,,,,,,,,, , , , , ,,,,~ ,n,,,~ ,n,-net of $19 tax expense-.%Minimum pension liability adjustment,......... . . . . ....~ ....~ ../net of $3 tax expense00(Foreign currency translation adjustments000000000 0 0 0 0 0000~ 0*000~ 0*0+1#Amounts reclassified to net income:111111111 1 1 1 1 111111111142,Net realized gains on investment securities,222222222 2 2 2 2 2222~ 2222~ 223net of $8 tax expense14)Net derivative losses?hedging activities,444444444 4 4 4 4 4444~ 4444~ 445net of $723 tax benefit06(Foreign currency translation adjustments666666666 6 6 6 6 6666~ 6666~ 66"7Total comprehensive income777777777 7 7 7 7 ~ 7&777~ 7777~ 77-8%Issuance of stock?employee and direct8 8?888~ 8&888 8 8 8 8 88888888~ 8&89stock purchase plans0:(Stock awards and stock options exercised:~ ::::~ :::: : : : : ::::::::~ ::0;((net of change in unearned compensation)4<,Issuance of stock?forward equity transaction<~ <<<<~ <<<< < < < < <<<<<<<<~ <<'=Stock repurchase and retirement=~ ====~ ==== = = = = ========~ ==2>*Cash settlement?forward equity transaction> >?>>>~ >>>> > > > > >>>>>>>>~ >>/?'Tax benefit from stock awards and stock????????? ~ ? ~? ? ? ????????~ ?~?D# l^z2Tv*v)z0<@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@options exercised'ADividends and other adjustmentsAAAAAAAAA ~ A  A A A ~ AAAAAAAA~ AA$BBalance at December 31, 2005B~ BnBBB~ BZBBB ~ B B B B ~ B:BBB~ BBBB~ BvBCComprehensive income:CCCCCCCCC C C C C CCCCCCCCCCD Net incomeDDDDDDDDD D D D D ~ DDDDDDDD~ DD-E%Net deferred derivative gains?hedgingEEEEEEEEE E E E E EEEE~ EVEEE~ EVE+F#activities, net of $625 tax expense2G*Unrealized gains on investment securities,GGGGGGGGG G G G G GGGG~ GGGG~ GGHnet of $83 tax expense-I%Minimum pension liability adjustment,IIIIIIIII I I I I IIII~ I*III~ I*IJnet of $7 tax expense0K(Foreign currency translation adjustmentsKKKKKKKKK K K K K KKKK~ KKKK~ KK+L#Amounts reclassified to net income:LLLLLLLLL L L L L LLLLLLLLLL4M,Net realized gains on investment securities,MMMMMMMMM M M M M MMMM~ MMMM~ MMNnet of $6 tax expense1O)Net derivative losses?hedging activities,OOOOOOOOO O O O O OOOO~ OzOOO~ OzOPnet of $724 tax benefit"QTotal comprehensive incomeQQQQQQQQQ Q Q Q Q ~ QQQQ~ Q&QQQ~ Q:<Q-R%Issuance of stock?employee and directR~ RRRR~ R~RRR R R R R RRRRRRRR~ R~RSstock purchase plans0T(Stock awards and stock options exercisedT~ T TTT~ T>TTT T T T T TTTTTTTT~ T>T0U((net of change in unearned compensation)2V*Issuance of stock?equity-linked securitiesV~ VVVV~ V*VVV V V V V VVVVVVVV~ V*V'WStock repurchase and retirementW~ WWWW~ WWWW W W W W WWWWWWWW~ WW/X'Tax benefit from stock awards and stockXXXXXXXXX ~ X "X X X XXXXXXXX~ X"XYoptions exercised3Z+Adjustment to initially adopt SFAS No. 158,ZZZZZZZZZ Z Z Z Z ZZZZ~ ZZZZ~ ZZ[net of $239 tax benefit'\Dividends and other adjustments\\\\\\\\\ ~ \ \ \ \ ~ \\\\\\\\~ \\$]Balance at December 31, 2006]~ ]v]]~ ]ʯ]]~ ] ] ] ~ ] ]]~ ]^]]~ ]]^_DTlV!{- UT18o$PD`ab$`____________________________1a)Created by Morningstar Document Research.0b(http://documentresearch.morningstar.com/ (=PF0*8X> @bbaa``]]]] ]] ]]]]            l  ^R   dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1)Stockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } =} $ } U} $ } $}  $ } $} $ ^                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007 Cash Flows     Year Ended December 31, ~ Z  ~ V  ~ R   (millions)              Operating Activities              Net income ~   ~ &  ~  .&Adjustments to reconcile net income to    +#net cash from operating activities:1)Impairment of merchant generation peaking~  ?    ?  facilities0(Dominion Capital, Inc. impairment losses~ f~   ~  " ;3Charges related to pending sale of gas distribution~  ?    ?  subsidiaries.&Net realized and unrealized derivative~ :~ >  ~   (gains)/losses0(Depreciation, depletion and amortization~ .~    ~  f 0(Deferred income taxes and investment tax~ ~   ~    credits, net,$Gain on sale of emissions allowances~ ~   ~  v 'Other adjustments to net income~ ~ R  ~    Changes in:    Accounts receivable~  ~   ~    Inventories~ ~   ~   .&Deferred fuel and purchased gas costs,~ ~   ~  f Dl|p?Ud$ZB|_ ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ?  net0!(Pension and other postretirement benefit!!~ !!!!~ !~!! ! ~ ! ! "assets#Accounts payable##~ ####~ # ## # ~ # n# +$#Accrued interest, payroll and taxes$$~ $r$$$~ $N$$ $ ~ $ $ %Deferred revenue%%~ %%%%~ %%% % ~ % % -&%Margin deposit assets and liabilities&&~ &&&&~ &&& & ~ & & .'&Other operating assets and liabilities''~ ''''~ '2'' ' ~ ' ' 1()Net cash provided by operating activities((~ (>(((~ (((( ( ~ ( J+( )Investing Activities))))))))) ) ) ) -*%Plant construction and other property**~ ****~ *** * ~ * V* + additions6,.Additions to gas and oil properties, including,,~ ,,,,~ ,,, , ~ , , - acquisitions5.-Proceeds from sales of gas and oil properties..~ .&...~ .N .. . ~ . f . !/Acquisition of businesses//~ ////~ /N// /  / ?/ 20*Proceeds from sales of securities and loan00~ 0Z000~ 0 00 0 ~ 0 J0 *1"receivable collections and payoffs32+Purchases of securities and loan receivable22~ 2R222~ 222 2 ~ 2 Z2 3 originations24*Proceeds from sale of emissions allowances44~ 42444~ 444 4 ~ 4 4 35+Net proceeds from sale or disposal of other55~ 5Z555~ 5F55 5 ~ 5 ^5 6assets and investments971Advances to lessor for project under construction77 7?777 7?77 7 ~ 7 7 -8%Reimbursement from lessor for project88 8?888 8?88 8 ~ 8  8 9under construction :Other::~ ::::~ ::: : ~ : r: -;%Net cash used in investing activities;;~ ;j;;;~ ;;; ; ~ ; ; <Financing Activities<<<<<<<<< < < < 0=(Issuance (repayment) of short-term debt,==~ =& ===~ =V== = ~ = F=  >net"?Issuance of long-term debt??~ ?J&???~ ?#?? ? ~ ?  ? Dl'c%]6O*eG)_@ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] #@Repayment of long-term debt@@~ @@@@~ @@@ @ ~ @ @ /A'Repayment of notes payable to affiliateAA~ ARAAA A?AA A  A ?A  BIssuance of common stockBB~ B~BBB~ Bb BB B ~ B  B "CRepurchase of common stockCC~ CCCC~ CCC C  C ?C  DCommon dividend paymentsDD~ DDDD~ DDD D ~ D D  EOtherEE~ EEEE~ E6EE E ~ E E 0F(Net cash provided by (used in) financingFF~ FFFF~ F*FF F ~ F bF G activities8H0Increase (decrease) in cash and cash equivalentsHH~ HHHH~ HHH H ~ H H .I&Cash and cash equivalents at beginningII~ IJIII~ III I ~ I I Jof year4K,Cash and cash equivalents at end of year (1)K~ K:KK~ KJKK ~ K K +L#Supplemental Cash Flow Information:LLLLLLLLL L L L 1M)Cash paid (received) during the year for:MMMMMMMMM M M M /N'Interest and related charges, excludingN~ NbNN~ NNN ~ N zN Ocapitalized amountsP Income taxesPP~ PPPP~ P>PP P ~ P P 3Q+Noncash investing and financing activities:QQQQQQQQQ Q Q Q $RAccrued capital expendituresRR~ R RRR~ RrRR R ~ R R 2S*Assumption of debt related to acquisitionsSS S?SSS~ SSS S ~ S VS +T#of nonutility generating facilities0U(Proceeds held in escrow from sale of gasUU U?UUU U?UU U ~ U rU Vand oil properties0W(Dominion Capital, Inc. exchange of notesWW W?WWW~ W WW W  W ?W #XExchange of debt securitiesXX X?XXX X?XX X ~ X X YZ$[____________________________1\)Created by Morningstar Document Research.0](http://documentresearch.morningstar.com/@pDC|M,oF'y)2LyQ=PF0*8X> @z]] \\ [[ NNNNNN KKKKKK     l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 2} $ } $} $ } $} $                             DOMINION ENERGY INC /VA/ 10-K 02/28/2007 Stock-based Compensation Year Ended December 31, ~ V  ~ R , $(millions, except per share amounts)       Net income?as reported ~ &  ~  , $Add: actual stock-based compensation  ~ >   ~ *  expense, net of tax (1)2*Deduct: pro forma stock-based compensation~ ~ expense, net of taxNet income?pro forma~ "~ ^Basic EPS?as reported)\(@ffffff@Basic EPS?pro forma)\(@)\(@Diluted EPS?as reported~ = ףp=@Diluted EPS?pro forma~ @$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 znb P1P:q=PF0*8X> @Z      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } I"} $ }  } $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007%Property, Plant and Equipment  ~ Z ~ V ~ R  (percent)        Generation  (\@  RQ@  Q?  Transmission  = ףp=@  @  Gz@  Distribution  = ףp= @  Q @  Q @Storage@333333 @RQ@$Gas gathering and processingffffff@Gz@{Gz@General and otherzG@333333@Q@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0ui] RpX=PF0*8X> @ l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentShareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } !} $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007%Property, Plant and Equipment Asset  Estimated Useful   Lives# Merchant generation?nuclear   29 ? 44 years! Merchant generation?other   6 ? 40 years General and other   3 ? 25 years$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,\|ui]9B=PF0*8X> @ l  "9:  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U5} $ } U} $ } U}  $ } U} $ "                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007Shareholders' Equity       Prior to    Effect of    As Reported    adopting   Adopting    at December   SFAS   SFAS   31, 2006   No. 158   No. 158  (millions)          Assets:    0(Pension and other postretirement benefit~  ~ r ~  z assetsRegulatory assets~ R~   ~  n   Liabilities:    !Other current liabilities~  ~    ~    0(Deferred income taxes and investment tax~ F_~ F  ~  [ creditsRegulatory liabilities~ f ~ 6  ~    4,Other deferred credits and other liabilities~  ~ J  ~  6  Shareholders? Equity:    ,$Accumulated other comprehensive loss~ ~   ~  ^ $____________________________D@l~rf63[+E'Ft ! 1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!           l  O  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders EquityEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ } U} $ } U} $ } U                      DOMINION ENERGY INC /VA/ 10-K 02/28/2007QIEmployers#146; Accounting for Postretirement Benefits Other Than Pensions   ~ Z ~ V ~ R  (millions)          3 +Sale activity included in operating revenue ~   ~   ~ / 'Purchase activity included in operating  ~    ~ .   ~  expenses (1)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hUI=1_L[=PF0*8X> @J          l  f  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosNOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } +} $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007QIEmployers#146; Accounting for Postretirement Benefits Other Than Pensions Year Ended December 31, ~ V ~ R, $(millions, except per share amounts)        Net income?as reported ~ & ~  Net income?pro forma  ~ :  ~ Basic EPS?as reported)\(@ffffff@Basic EPS?pro forma= ףp=@RQ@Diluted EPS?as reported~ = ףp=@Diluted EPS?pro forma)\(@= ףp=@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2UI=1&@XpdX0=PF0*8X> @:     l  G  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } +} $ }  } $ }  } $ }                               DOMINION ENERGY INC /VA/ 10-K 02/28/2007!NOTE 6. OPERATING REVENUE  Year Ended December 31, ~ Z ~ V ~ R  (millions)           Electric sales:           Regulated ~ .U ~ V ~ P Nonregulated~ '~ /~   Gas sales:  Regulated~ ~ ~  : Nonregulated~ $~ -~  V ,$Other energy-related commodity sales~ ~ "~  &Gas transportation and storage~ ~ ~   Gas and oil production~ ~ ~   Other~ ~ F~  rTotal operating revenue~ ~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< ymaxcvmA=PF0*8X> @b           l  #ȡݢ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } a/} $ } $} $ } $}  $ } $} $ #                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007NOTE 7. INCOME TAXES     Year Ended December 31, ~ Z  ~ V  ~ R   (millions)             * "Income before provision for taxes:             U.S. ~ &  ~   ~  Non-U.S.~ b~ v  ~  j  Total~ &~   ~   Income tax expense:    Current    Federal~ ~   ~    State~ 2~   ~  B Non-U.S.~   ?  ~    Total current~ F~ .  ~  N Deferred    Federal~ f~ Z  ~     State~ &~   ~   Non-U.S.~ ~ >  ~  2 Total deferred (1)~ ^ ~ J  ~   /'Amortization of deferred investment tax~ ~   ~   credits Total income tax expense~ b~ 2  ~    Ddl~rf5CCPTZ4 ! " $ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @b "" !!      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ }  } $ }  } $ }  } $                               DOMINION ENERGY INC /VA/ 10-K 02/28/2007NOTE 7. INCOME TAXES  Year Ended December 31, ~ Z  ~ V  ~ R  U.S. statutory rate  35.0%   35.0%   35.0% . &Increases (reductions) resulting from:         0 (Recognition of deferred taxes - stock of  333333@   ?   ? " subsidiaries held for sale+#State taxes, net of federal benefit@ @333333? Preferred dividends?333333?333333? Valuation allowances~ ? 5-Other benefits and taxes - foreign operationsffffffٿ ? .&Amortization of investment tax creditsffffff /'Employee stock ownership plan deduction +#Employee pension and other benefits333333ӿ333333  Other, net333333ffffff? Effective tax rate 37.0% 35.9% 35.6% $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<W ~rfY!yS o \vjB=PF0*8X> @   l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } :} $ }  } $ }  } $ #                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007NOTE 7. INCOME TAXES As of December 31, ~ Z  ~ V   (millions)       Deferred income taxes:        (  Total deferred income tax assets ~   ~ >* - %Total deferred income tax liabilities  ~ l   ~ h 1)Total net deferred income tax liabilities~ "V~ z>$Total deferred income taxes:7/Depreciation method and plant basis differences~ ,~ +.&Gas and oil exploration and production~ *"~ related differences#Deferred state income taxes~  ~ 2Pension benefits~ ~  80Unrealized gains - available for sale securities~ ^~ f0(Recognition of deferred taxes - stock of~ F ?"subsidiaries held for sale%Partnership basis differences~ ~ %Loss and credit carryforwards~ ~ Derivative losses~ J~ Valuation allowances~ B~ N Other~ &~ N1)Total net deferred income tax liabilities~ "V~ z>D l~rf28"}^Si[b ! " $ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @j ""!!      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)NOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } :} $ } $} $ } U}  $ } $} $                               DOMINION ENERGY INC /VA/ 10-K 02/28/2007+#NOTE 8. HEDGE ACCOUNTING ACTIVITIES     Year Ended December 31, ~ Z  ~ V  ~ R   (millions)         8 0Portion of gains (losses) on hedging instruments            1 )determined to be ineffective and included in net income:Fair value hedges~ ~ J ~   Cash flow hedges (1)~ ~   ~  * Net ineffectiveness~ Z~  ~  " 80Portion of gains (losses) on hedging instruments    2*excluded from measurement of effectiveness#and included in net income:Fair value hedges (2)~ "~  ~   Cash flow hedges (3)~ ~   ~    Total~ ~   ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< {ocW&DA~=PF0*8X> @         l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVIT!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }  }  $ }                                DOMINION ENERGY INC /VA/ 10-K 02/28/2007+#NOTE 8. HEDGE ACCOUNTING ACTIVITIES     AOCI   Portion Expected   Maximum    After Tax   to be Reclassified   Term        to Earnings       during the Next        12 Months After Tax (millions)    Commodities:   Gas~ 6~    51 months Oil~ ~    36 months Electricity~ J~    36 months Interest rate~  ?   234 monthsForeign currency~ J~ &  9 months Total~ j~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>= 0{ocWLbEc%p=PF0*8X> @z           l   *  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING 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AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributNOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE 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RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM 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INVESTMENT SECURITIES       Equity Securities  Debt Securities   Fair   Unrealized  Fair   Unrealized   Value  Losses  Value  Losses  (millions)             Less than 12 months~ ~ F~  ~  12 months or more~ ~ "~    ~   Total~ :~ f~ Z ~  "$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0nth\dZ!l=PF0*8X> @               l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0.} $ } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007&NOTE 11. INVESTMENT SECURITIES   Amount  (millions)     Due in one year or less ~ - %Due after one year through five years  ~ b.&Due after five years through ten years~ Due after ten years~ 6 Total~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0th\,(`TH =PF0*8X> @2   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ } $} $ } $} $ } $                          DOMINION ENERGY INC /VA/ 10-K 02/28/2007&NOTE 11. INVESTMENT SECURITIES  Year Ended December 31, ~ Z ~ V ~ R  (millions)          & Available-for-sale securities:          Proceeds from sales ~  ~   ~ >Realized gains~ j~ ~  Realized losses~ 6~ ~  jTrading securities: Net unrealized gain~ &~ ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2th\sOV>m=PF0*8X> @J          l  (  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)NOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 7} $ }  } $ }  (      DOMINION ENERGY INC /VA/ 10-K 02/28/2007.&NOTE 12. PROPERTY, PLANT AND EQUIPMENT At December 31, ~ Z ~ V  (millions)      Utility:        Generation ~  ~  Transmission~ 8~ 7 Distribution~ "|~ bStorage~ V~  Nuclear fuel~ .~  $Gas gathering and processing~ ~ General and other~ ~ ~   Plant under construction~ ~  Total utility~ ~ Ƙ Nonutility:-%Exploration and production propertiesbeing amortized:Proved~ ~ &Unproved~ F~  6.Unproved exploration and production properties~ ~ not being amortized#Merchant generation?nuclear~ *~ V!Merchant generation?other~ ~~ 2 Nuclear fuel~ ~ D lxl`Tk_U.Q|*D% !"#$%&'0 (Other?including plant under construction  ~   ~ r!Total nonutility!!~ !!!~ !z+"#Total property, plant and equipment"~ "ި"~ ">#$$%____________________________1&)Created by Morningstar Document Research.0'(http://documentresearch.morningstar.com/u=PF0*8X> @J ''&&%%""""     l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } U} $ } U} $ } $} $ } $} $ } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007.&NOTE 12. PROPERTY, PLANT AND EQUIPMENT        Total ~ Z ~ V ~ R  Years               Prior  (millions)                " Property acquisition costs ~  ~  ~  ~ F ~ Exploration costs~ >~ ~  &  ~   ~ Capitalized interest~ ~~ ~  v  ~  b ~  Total~ ~ ~  ~  & ~ r$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0xl`TGq}qe==PF0*8X> @            l  M1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U} $ }  } $ }  } $ }                      DOMINION ENERGY INC /VA/ 10-K 02/28/2007.&NOTE 12. PROPERTY, PLANT AND EQUIPMENT  Year Ended December 31, ~ Z ~ V ~ R (Per Mcf Equivalent)           U.S. cost center  ffffff?  (\?  {Gz? Canadian cost center   Q@   Q?   zG?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*fhxl`Tk]=PF0*8X> @J          l  /N  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)Other Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ }  } $} $ }  } $} $ } } $} $ }  } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007$Jointly-Owned Power Stations         Bath County    North Anna   Clover    Millstone    Pumped   Power   Power   Power   Storage   Station   Station    Station (1)   Station& (millions, except percentages)              Ownership interest~  %V@ %  ~    % `W@ %Plant in service~ ~ : ~    ~ Z Accumulated depreciation~ ~   ~    ~  Nuclear fuel ?~ >    ?  ~ 0(Accumulated amortization of nuclear fuel ?~     ?  ~  Plant under construction~ *~   ~    ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 vj^-}R\j=PF0*8X> @            l  Kg  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power Stations!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ } U} $ } $} $ } U} $ } $                           DOMINION ENERGY INC /VA/ 10-K 02/28/2007Other Intangible Assets     At December 31, ~ Z ~ V   Gross   Accumulated  Gross   Accumulated   Carrying   Amortization  Carrying   Amortization   Amount     Amount  (millions)         &Software and software licenses~  ~ ~   ~  Emissions allowances~ ~ z~    ~   Other~ ~ ~    ~  z Total~ z~ ~  ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{ocxXv:G=PF0*8X> @                 l  &5  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } @} $ } $} $ } U &      DOMINION ENERGY INC /VA/ 10-K 02/28/20072*NOTE 14. REGULATORY ASSETS AND LIABILITIES At December 31, ~ Z ~ V  (millions)        Regulatory assets:       Unrecovered gas costs ~ . ~ %Regulatory assets?current (1)~ .~ 5-Unrecognized pension and other postretirement~  ?benefit costs (2)Customer bad debts (3)~ V~ -%RTO start-up costs and administration~ *~ fees (4)=5Deferred cost of fuel used in electric generation (5)~ "~ .&Other postretirement benefit costs (6)~ ~ B/'Income taxes recoverable through future~ ~  rates (7)-%Termination of certain power purchase~ Z~ bagreements (8) Other~ ~ %Regulatory assets?non-current~ n~  Total regulatory assets~ ~ Regulatory liabilities:0(Provision for future cost of removal (9)~  ~  Other (10)~ ~ D lth\PgCrshW=k !"#$%$ Total regulatory liabilities ~   ~  !"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/}dd=PF0*8X> @Z %%$$##       l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND LCNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U5} $ } $} $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007-%NOTE 15. ASSET RETIREMENT OBLIGATIONS   Amount   (millions)     4 ,Asset retirement obligations at December 31, ~ >#  2005 (1).&Obligations incurred during the period~ 2-%Obligations settled during the period~  Accretion~ -%Revisions in estimated cash flows (2)~  Other (3)~ v4,Asset retirement obligations at December 31,~ 22006 (1)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6ymaU3Xg =PF0*8X> @2   l  z  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGANOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $ } U} $ } U} $ } U} $ } U} $ } $                          DOMINION ENERGY INC /VA/ 10-K 02/28/2007CNG Credit Facilities     Facility    Outstanding  Facility  Facility Inception Date  Facility Maturity Date Limit    Letters of  Capacity     Credit   Remaining  (millions)           ~ ~ f~ .   June 2004   June 2007~ ~  ?   August 2004   August 2009~ "~  ?~ "   December 2005   December 2010~ B~ ~ N    $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2J}qe Gf+=PF0*8X> @             l  Gr8  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 7} $ }  } $} $ }  }  $ } } $ G                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007NOTE 18. LONG-TERM DEBT    At December 31, ~ Z  ~ Z  ~ V    Weighted   Average    Coupon (1)& (millions, except percentages)         !Dominion Resources, Inc.:   /'Unsecured Senior and Medium-Term Notes:   )!3.66% to 8.125%, due 2006 to 2010~  %~ ~  ! ,$5.0% to 7.195%, due 2012 to 2035 (2)333333@ %~ @ ~  < ( Variable rates, due 2006 to 2008(\@ %~  ~  2 -%Unsecured Equity-Linked Senior Notes, ? ~  * 5.75%, due 20083+Unsecured Convertible Senior Notes, 2.125%,~ r ~  r  due 2023 (3)3+Unsecured Junior Subordinated Notes Payable= ףp= @ %~  ~    0(to Affiliated Trusts, 7.83% to 8.4%, due 2027 to 20410(Enhanced Junior Subordinated Notes, 6.3%@ %~     ? to 7.5%, due 2066)!Consolidated Natural Gas Company:   6.Secured Bank Debt, Variable rate, due 2006 (4) ? ~   .&Unsecured Debentures and Senior Notes:   *"5.375% to 6.875%, due 2006 to 2011)\(@ %~ r ~  B DOl{ocF++lA 3e ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? (  5.0% to 6.875%, due 2013 to 2027  (\@ %  ~    ~  3!+Unsecured Junior Subordinated Notes Payable!!!!!~ !:!!! ~ ! :! +"#to Affiliated Trust, 7.8%, due 2041,#$Virginia Electric and Power Company:######### # # 3$+Secured First and Refunding Mortgage Bonds,$$$$$~ $^$$$ ~ $ ^$ %7.625%, due 2007 (5)6&.Secured Bank Debt, Variable rate, due 2007 (4)&&ffffff@ &%&&~ &&&& ~ & & /''Unsecured Senior and Medium-Term Notes:''''''''' ' ' '(4.5% to 5.75%, due 2006 to 2010((zG@ (%((~ (((( ~ ( ( ))!4.75% to 8.625%, due 2013 to 2036)){Gz@ )%))~ )R))) ~ )  ) 0*(Unsecured Callable and Puttable Enhanced*****~ **** ~ * * ++#Securities SM , 4.10%, due 2038 (6)",Tax-Exempt Financings: (7),,,,,,,,, , , -Variable rate, due 2008--Q @ -%--~ ---- ~ - - (. Variable rates, due 2015 to 2027.. ףp= @ .%..~ .&... ~ . &. (/ 4.95% to 7.65%, due 2007 to 2010//@ /%//~ //// ~ / / '02.3% to 7.55%, due 2014 to 203100Gz@ 0%00~ 0000 ~ 0 0 31+Unsecured Junior Subordinated Notes Payable11111~ 1r111 ~ 1 r1 -2%to Affiliated Trust, 7.375%, due 20423Dominion Energy, Inc.:333333333 3 3 04(Secured Senior Note, 7.33%, due 2020 (8)44444~ 4V444 ~ 4 z4 .5&Secured Bank Debt, Variable rates, due55555 5?555 ~ 5 n5 62006 (4),7$Tax-Exempt Financing, 5.0%, due 203677777~ 7777  7 ?7 8Dominion Capital, Inc.:888888888 8 8 &9Notes, 12.5%, due 2006 to 200899999~ 9999 ~ 9 9 0:(Senior Note, Variable rate, due 2017 (9)::Q@ :%::~ ::::  : ?: 3;+Dominion Resources Services, Inc. , Secured;;;;; ;?;;; ~ ; ; .<&Bank Debt, Variable rate, due 2006 (4)======~ ==== ~ =  = '>Fair value hedge valuation (10)>>>>>~ >>>> ~ > 2> (? Amounts due within one year (11)??333333@ ?%??~ ?J??? ~ ? ? D lEWD9WgL8(fv@ A B C D E F -@%Unamortized discount and premium, net@@@@@~ @j@@@ ~ @ v@ ATotal long-term debtAAAA~ AAA~ A A BC$D____________________________1E)Created by Morningstar Document Research.0F(http://documentresearch.morningstar.com/~xGw=PF0*8X> @J FF EE DD AAAA   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBT!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ } U} $} $ }  } $} $ } U} $} $ }  } $} $ } U} $} $ }  } $} $ } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007NOTE 18. LONG-TERM DEBT       ~ ^  ~ b  ~ f  ~ j  ~ n    Thereafter   Total& (millions, except percentages)                      Secured Senior Notes ~ &  ~ *  ~ .  ~ 2  ~ 2  ~ ~  ~ V2 *Secured First and Refunding Mortgage Bonds  ~ ^    ?    ?    ?    ?    ?   ~ ^Secured Bank Debt~  ?    ?   ? ? ?~ 5-Unsecured Senior Notes (including Medium-Term~ ~   ~    ~ ~ ~ p~ Notes)0(Unsecured Callable and Puttable Enhanced ? ?    ?   ? ?~ ~  Securities SMTax-Exempt Financings~ R~ v  ~    ~ ~ ~ ~  3+Unsecured Junior Subordinated Notes Payable ? ?    ?   ? ?~ ~ to Affiliated Trusts*"Enhanced Junior Subordinated Notes ? ?    ?   ? ?~  ~   Other~  ~      ?   ? ?~ ~  Total~ &~  ~    ~ ~ Z~  ~ Weighted average coupon333333@ %)\(@ %   Q@  % = ףp=@ %ffffff@ %p= ף@ %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BX{oc7B0#=PF0*8X> @              l   0  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } m} $ } m} $ }  } $ } } $ } U} $ }                                   DOMINION ENERGY INC /VA/ 10-K 02/28/2007>6Junior Subordinated Notes Payable to Affiliated Trusts     Date  Capital  Units  Rate  Trust  Common  Established  Trusts       Preferred   Securities          Securities  Amount         Amount      (thousands)     (millions) December 1997Dominion~  7.83%~  ~  " ResourcesCapital Trust I (1) January 2001Dominion~  8.4%~    ~  " ResourcesCapital Trust III (2) October 2001Dominion~ } 7.8%~  "  ~   CNGCapital Trust I (3) August 2002Virginia~ 7.375%~  B  ~  2 PowerCapital$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D lh\PD]W2h\-rI=PF0*8X> @j           l  H  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }  } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007+#NOTE 19. SUBSIDIARY PREFERRED STOCK Dividend   Issued and  Entitled Per Share     Outstanding  Upon Liquidation   Shares    (thousands)   ~  ~    \@ )\(@~ 6zGY@@~ >Y@{Gz@~ QY@333333@~ &~ 333333@~ GzY@~ Q@~ b ̜Y@~  Flex MMP 12/02, Series A~ ~ ~  Total~ z($____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:m{ocW@qK%XL@=PF0*8X> @2    l   a  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } I;} $ } U} $ } U} $                             DOMINION ENERGY INC /VA/ 10-K 02/28/20075-Accumulated Other Comprehensive Income (Loss) At December 31, ~ Z  ~ V   (millions)      4 ,Net unrealized losses on derivatives?hedging ~ j  ~   activities, net of tax6 .Net unrealized gains on investment securities,  ~ j   ~   net of tax91Net unrecognized pension and other postretirement~  ?!benefit costs, net of tax-%Minimum pension liability adjustment, ?~  net of tax0(Foreign currency translation adjustments~ ~ -%Total accumulated other comprehensive~ ^~  loss$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8wqeYMzv"iS>."=PF0*8X> @J      l  " ݀  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other ComprehensiveRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ }  } $ }  } $ "                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007 STOCK OPTIONS      Shares    Weighted-   Weighted-   Aggregated      average  average   Intrinsic      Exercise Price   Remaining   Value (1)          Contractual         Life (thousands)(years)   (millions) ( Outstanding at December 31, 2003~ !\(|L@   ( Exercisable at December 31, 2003~ RQ8K@    Exercised~ (\G@ ~  6Forfeited/expired~ bRqN@   ( Outstanding at December 31, 2004~ (\N@   ( Exercisable at December 31, 2004~ BzGN@    Exercised~ ֨QM@ ~  6Forfeited/expired~ p= CO@   3+Outstanding and exercisable at December 31,~ Zףp= 7N@   ~ V Exercised~ 6zGM@ ~  NForfeited/expired~ QeN@   3+Outstanding and exercisable at December 31,~ :qzGAN@ @ ~  ~ Z$____________________________DlymC5e 9ex ! 1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @!!          l  "  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ }  } $ }  "      DOMINION ENERGY INC /VA/ 10-K 02/28/2007RESTRICTED STOCK   Shares    Weighted-      average      Grant       Date Fair      Value (thousands)&Nonvested at December 31, 2003~  ffffffM@Granted~  QO@Vested~ ^zGO@Cancelled and forfeited~ yN@&Nonvested at December 31, 2004~ Q+N@Granted~ q= ףR@Vested~ {G:O@Cancelled and forfeited~ B(\O@&Nonvested at December 31, 2005~ (\O@Granted~ JQQ@Vested~ .`N@Cancelled and forfeited~ Z(\P@&Nonvested at December 31, 2006~ zQ[P@$____________________________D lvjp#2=h5T !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @b !!       l  :  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007GOAL-BASED STOCK   Targeted    Weighted-    Number of   Average   Shares   Grant       Date Fair      Value (thousands)&Nonvested at December 31, 2005 ? $?Granted~ RaQ@Vested ? ?Cancelled and forfeitedRaQ@&Nonvested at December 31, 2006IX@RaQ@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6vjet!U=PF0*8X> @R       l  2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCKNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ } U} $ } $}  $ } $} $ } $} $ 2      DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS        Pension Benefits  % Other Postretirement Benefits  Year Ended December 31, ~ Z  ~ V  ~ Z  ~ V   (millions)            % Change in benefit obligation:                / 'Benefit obligation at beginning of year ~ ;  ~ J5  ~ Z  ~   Acquisitions ?~ >    ?  ~  Service cost~ ~   ~  "  ~  Interest cost~ J~ &  ~  F  ~ N Benefits paid~ F~   ~    ~ 1)Actuarial (gain) loss during the year (1)~ ~   ~    ~ >Plan amendments~  ~ &  ~    ~ )!Benefit obligation at end of year~ J9~ ; ~  F  ~ ZChange in plan assets:     1)Fair value of plan assets at beginning of~ "D~ F? ~  j   ~   year Acquisitions ?~ >    ?  ~ *$Actual return on plan assets~ 6 ~   ~  V  ~  Contributions~ N~   ~    ~ "&Benefits paid from plan assets~ F~   ~  j  ~ r0(Fair value of plan assets at end of year~ J~ "D ~  6  ~ j  Funded status~ ~ : ~    ~ 'Unrecognized net actuarial loss ?~ "    ?  ~ 0(Unrecognized prior service cost (credit) ?~     ?  ~ Dtlsg[S;Zy|%7Gft !"#$%&'()*+,-./01. &Unrecognized net transition obligation   ?    ?    ?   ~ ^ (! Net asset (liability) recognized!~ !!!~ !!! ~ ! ! ! ~ !!."&Amounts recognized in the Consolidated""""""""" " " " " """&#Balance Sheets at December 31:3$+Noncurrent pension and other postretirement$~ $b$$~ $$$ ~ $ $ $  $$?$%benefit assets!&Other current liabilities&&~ &&&& &?&& &  & ?& & & &?&3'+Noncurrent pension and other postretirement''~ 'F'''~ '6'' ' ~ ' ' ' '~ ''(benefit liabilities)Intangible asset)) )?)))~ )~)) )  ) ?) ) ) )?),*$Accumulated other comprehensive loss** *?***~ *F** *  * ?* * * *?*.+&to offset additional minimum liability,Net amount recognized,~ ,,,~ ,,, ~ , , , ~ ,,-.$/____________________________10)Created by Morningstar Document Research.01(http://documentresearch.morningstar.com/( T ES)Z@VW8Wb0wk_7=PF0*8X> @J)1100//,,,,,, ,,$$$$$$ $$!!!!!! !!             l  C  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } m)} $ }  } $ }  } $                       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS   Pension   Other    Benefits   Postretirement       Benefits) !Funded status of overfunded plans ~ b  ~  * "Funded status of underfunded plans  ~ >   ~   Funded status~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|sg[1\eYM%=PF0*8X> @b         l  e  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0.} $ }  } $ } $}  $ } $} $ } $} $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS        Pension Benefits  Other Postretirement           Benefits   AOCI   Portion  AOCI   Portion    After   Expected  After   Expected   Tax   to be  Tax   to be Reclassified      Reclassified to Earnings      to Earnings During the      During theNext 12     Next 12Months     Months After Tax      After Tax (millions)    .&Unrecognized net transition obligation $? $?~    ~  'Unrecognized net actuarial loss~ ~ R ~  J   ~ 'Unrecognized prior service cost~ ~   ~     ~  Total~ ~ Z~  2  ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dsg[/ k#qo'i=PF0*8X> @2&                       l  2  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } U} $ } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS   Pension  Other   Benefits  Postretirement      Benefits  (millions)    ~ ^ ~ n ~ *~ b~ ~ B~ f~ ~ V~ j~ 2~ n~ n~ ~ ~ 2012-2016~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4sg[m;-=PF0*8X> @R         l  }R  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U} $ } U} $ } } $ } U} $ } } $ } U} $ } } $ } $} $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS         Pension Plans " Other Postretirement Plans Year Ended December 31, ~ Z ~ V ~ Z ~ V   Fair  % of  Fair  % of  Fair  % of  Fair  % of   Value  Total  Value  Total  Value  Total  Value  Total  (millions)                Equity securities:      U.S.~ N~ ~~ Z ~   ~  ~ ~ *~  International~  ~ B~ ~  ~  :  ~  ~ .~ j~ .Debt securities~ 2~ r~ z ~  ^  ~  >~ ~ ~  Real estate~ ~ "~ R ~  "  ~  f~ ~ V~  Other~  ~ F~   ~  >  ~  *~ "~ ~ " Total~ J~ ~ "D ~   ~  6~ ~ j ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8!sg[_qqxP=PF0*8X> @               l  3t  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ } U} $ } U}  $ } U} $ } $} $ } $} $ } $} $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS        Pension Benefits  % Other Postretirement Benefits  Year Ended December 31, ~ Z  ~ V  ~ R  ~ Z  ~ V  ~ R   (millions)                    Service cost ~   ~   ~   ~ "  ~   ~    Interest cost  ~ J   ~ &   ~    ~ F   ~ N   ~ N &Expected return on plan assets~ n~   ~    ~  ~ 6~ R3+Amortization of prior service cost (credit)~ ~   ~     ~ ~  ?-%Amortization of transition obligation ? ?    ?  ~ ~ ~  Amortization of net loss~ f~ 6  ~    ~ b~ N~ V( Settlements and curtailments (1)~ 2 ?    ?   ? ? ?!Net periodic benefit cost~ J~  ~  &  ~ ~ ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6sg[/x"fz=PF0*8X> @              l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } <(} $ }  } $} $ }  } $} $ }  } $} $ } } $} $ }  } $} $ }  } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS        Pension Benefits  % Other Postretirement Benefits  Year Ended December 31, ~ Z  ~ V  ~ R  ~ Z  ~ V  ~ R   Discount rate  ffffff@ % ~  %  @ %  @ % ~  %  @ %& Expected return on plan assets  !@ %  !@ %  !@ % ~ " % ~ " %  )\(@ %) !Rate of increase for compensation  @ %  @ %  @ %  @ %  @ %  @ %#Medical cost trend rate (1)  ~  &  % ~ & %~ & %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/, |sg[wuiA=PF0*8X> @*   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } <(} $ }  } $} $ }  } $} $ }  } $} $ } } $                       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS       Pension   Other    Benefits   Postretirement         Benefits At December 31, ~ Z  ~ V  ~ Z  ~ V   Discount rate  @ %  ffffff@ %  ffffff@ %  @ %)!Rate of increase for compensation)\(@ %@ %@  %  @  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,|sg[_<0$=PF0*8X> @B        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ } U} $ }  } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 22. EMPLOYEE BENEFIT PLANS     Other       Postretirement      Benefits   One  One     percentage   percentage point pointincreasedecrease (millions)1)Effect on total service and interest cost~ z~ components for 20063+Effect on postretirement benefit obligation~ ~ "at December 31, 2006$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6Nsg[Xj$cC7=PF0*8X> @        l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)Lease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 7} $ } $} $ } $} $ } $} $ } $} $ } $} $ } } $ } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007%Long-Term Purchase Agreements       ~ ^ ~ b ~ f ~ j ~ n   Thereafter  Total  (millions)                     ' Purchased electric capacity (1) ~ z ~  ~  ~ v ~ r ~ ~" ~ ~?6 .Production handling for gas and oil production  ~   ~   ~ j  ~ >  ~ .  ~   ~ j operations (2)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(Tui]UvQ7+=PF0*8X> @             l  9  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase Agreements!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  } $ }  } $ }  } $ }  } $ } } $ }                    DOMINION ENERGY INC /VA/ 10-K 02/28/2007Lease Commitments    ~ ^ ~ b ~ f ~ j ~ n   Thereafter  Total  (millions)            ~ F ~  ~  ~  ~  ~  ~ *  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&5@uir=PF0*8X> @   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY 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Surety Bonds and Letters of Credit    Stated Limit   Value (1)  (millions)        Subsidiary debt (2) ~   ~  " Commodity transactions (3)  ~ :  ~  -%Lease obligation for power generation~  ~   facility (4)Nuclear obligations (5)~ ~ )!Offshore drilling commitments (6) ?~  Other~ ^ ~  Total~ c~ 7$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6CpdXLa=xtZNB=PF0*8X> @J      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 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FAIR VALUE OF FINANCIAL INSTRUMENTS     At December 31, ~ Z ~ V   Carrying   Estimated  Carrying   Estimated   Amount  Fair  Amount  Fair       Value (1)      Value (1)  (millions)        Long-term debt (2)~ b~ b~ > ~  -%Junior subordinated notes payable to:     Affiliates~ ~ ~  "  ~   Other~ z ~    ?    ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2rfZNcUITm=PF0*8X> @              l  1  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIAL!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } m)} $ } U} $ } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007'NOTE 27. 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At December 31, ~ Z ~ V  (millions)     Current assets (1) ~  ~  Loans receivable, net  ~ >  ~ ~% Available-for-sale securities  ~   ~ zOther investments~ F~ *"Property, plant and equipment, net~ *~ *)!Deferred charges and other assets~ N~ ^ Total~ & ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2sg[r >[]=PF0*8X> @J      l  E  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 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OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsLOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ } $} $ } $} $                               DOMINION ENERGY INC /VA/ 10-K 02/28/2007+#Securitizations of Financial Assets   CMO   Retained Interests        ?CDO (1)  (millions)      " Balance at January 1, 2005 ~   ~ 2  Interest income   ?   ~ . &Proceeds from the sale of CDOs ?~ Other cash received~ ~ Fair value adjustment~  ?$Balance at December 31, 2005~ ~ Interest income ?~ 2Consolidation of CDO ?~ V Cash received~ ~ Fair value adjustment~  ~ $Balance at December 31, 2006~  $?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/< {ocW&VKDRRYMA=PF0*8X> @b       l  fv  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)Impairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } $} $ } $}  $ } $} $                       DOMINION ENERGY INC /VA/ 10-K 02/28/2007LOANS RECEIVABLE        Performing   Non-performing   Total   (millions)           Loans receivable (1) ~ *  ~ B  ~ j ! Allowance for loan losses  ~    ~    ~  Loans receivable, net~ "~ . ~  N $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,n|vj9^=PF0*8X> @b         l  ڌ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLENOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } :} $ } $} $ } $} $ } $                        DOMINION ENERGY INC /VA/ 10-K 02/28/2007Impairment Losses  Year Ended December 31, ~ Z ~ V ~ R  (millions)       7 /Retained interests from CMO securitizations (1)  $? ~ f ~ 7 /Retained interests from CDO securitizations (1)  ~ V   ?  ~ 680Venture capital and other equity investments (2)~ ~ *~  j Total~ n~ ~ V$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.yui"3=PF0*8X> @b           l  An d  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ } $} $ }  } $ } U} $ } U} $ } U} $ }  } $ }  } $ A      DOMINION ENERGY INC /VA/ 10-K 02/28/2007#NOTE 28. OPERATING SEGMENTS      Year Ended December 31,  Dominion  Dominion  Dominion  Dominion    Corporate    Adjustments &    Consolidated    Delivery  Energy   Generation  E&P        Eliminations   Total  (millions)                          ~ Z                         -%Total revenue from external customers~  B~ f~ l ~  J/ ~ N~ ~ Intersegment revenue~ F~ ~  &  ~  b ~ 6 ~ > ?Total operating revenue~ NB~ .(~  o  ~  2 ~  ~ ~ 0(Depreciation, depletion and amortization~ ~ ~    ~    ~ ~ ~ 5-Equity in earnings of equity method investees~ ~ 2~  J  ~    ~  ?~ Interest income~ N~ R~    ~  > ~ ~ ~ $Interest and related charges~ N~ ~    ~   ~ ~ ~ $Income tax expense (benefit)~ ~ ~  ~  ~  R ~  ?~ b.&Loss from discontinued operations, net ? ?  ?    ? ~ & ?~ &of taxNet income (loss)~ ~ ~  f  ~    ~  ?~ -%Investment in equity method investees~ ~ ~    ~   ~  ?~ Capital expenditures~ ~ ~    ~  ~  ~ F ?~ R?Total assets (billions)ffffff$@333333@ 0@   ffffff*@ 333333/@333333(fffffH@ ~ V     -%Total revenue from external customers~ .C~ .~ } ~  R) ~ v~ &~ Intersegment revenue~ ~ ~  .  ~   ~ 2 ~ B ?Dlwk_'R;P&T" !"#$%&'()*+,-./0123456789:;<=>? Total operating revenue  ~ C  ~ "0  ~   ~ *-   ~     ~ f   ~  0!(Depreciation, depletion and amortization!!~ !&!!~ !!!~ ! ~! ! ~ ! ! !!~ !!!!~ !!!!~ !!5"-Equity in earnings of equity method investees""~ """~ "6""~ " V" " ~ " " ""~ """" "?"""~ ""#Interest income##~ #.##~ #2##~ # # # ~ # ># ##~ ####~ ####~ #~#$$Interest and related charges$$~ $$$~ $R$$~ $ "$ $ ~ $ 2$ $$~ $j$$$~ $$$$~ $$$%Income tax expense (benefit)%%~ %%%~ %R%%~ % % % ~ % % %%~ %^%%% %?%%%~ %2 %.&&Loss from discontinued operations, net&& &?&& &?&& & ?& &  & ?& &&~ &&&& &?&&&~ &&'of tax1()Cumulative effect of change in accounting(( (?(( (?(( ( ?( (  ( ?( ((~ (((( (?(((~ (()principle, net of tax*Net income (loss)**~ ***~ ***~ * * * ~ * * **~ **** *?***~ *&*-+%Investment in equity method investees++~ +++~ +++~ + + + ~ + + ++~ +.+++ +?+++~ +.+,Capital expenditures,,~ ,R,,~ ,>,,~ , R , , ~ , j, ,,~ ,6,,, ,?,,,~ ,z4,-Total assets (billions)---$@---ffffff@--- 1@- - - .@- --~ -B----*----YJ@-..... ...~ /R///////// / / / / ////////////-0%Total revenue from external customers0~ 0:0~ 00~ 0L0 ~ 0 #0 0~ 000~ 0 00~ 001Intersegment revenue11~ 1.11~ 111~ 1 f 1 1 ~ 1 v1 11~ 1111~ 1 111 1?12Total operating revenue22~ 2;22~ 2%22~ 2 X2 2 ~ 2 B&2 22~ 2 222~ 2222~ 2203(Depreciation, depletion and amortization33~ 333~ 333~ 3 *3 3 ~ 3 3 33~ 3333~ 3333~ 3&344,Equity in earnings (losses) of equity method44~ 444~ 4244~ 4 .4 4 ~ 4 4 44~ 4.444 4?444~ 445 investees6Interest income66~ 6"66~ 6:66~ 6 6 6 ~ 6  6 66~ 66666~ 62666~ 66$7Interest and related charges77~ 7^77~ 777~ 7 7 7 ~ 7 z7 77~ 7 777~ 72777~ 7z7$8Income tax expense (benefit)88~ 888~ 888~ 8 8 8 ~ 8 8 88~ 8*888 8?888~ 8 8.9&Loss from discontinued operations, net99 9?99 9?99 9 ?9 9  9 ?9 99~ 9999 9?999~ 99:of tax;Net income (loss);;~ ;J;;~ ;;;~ ; V; ; ~ ; N ; ;;~ ;;;; ;?;;;~ ;;<=$>____________________________1?)Created by Morningstar Document Research.D#l5n D2QhDi?-߿@0@(http://documentresearch.morningstar.com/H=PF0*8X> @*%@@??>>000000 00 000000                l  c  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $} $ }  } $ }        DOMINION ENERGY INC /VA/ 10-K 02/28/2007CAPITALIZED COSTS At December 31, ~ Z ~ V  (millions)     Capitalized costs:       Proved properties ~  ~ & Unproved properties  ~   ~ ~ ~~ Accumulated depletion:Proved properties~ 6~ F'Unproved properties~ B~ ~  9~ (Net capitalized costs~ v~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6ui^3p=PF0*8X> @J      l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } !} $ } U} $ } U} $ } } $ } U} $ } U} $ } $} $ } U} $ } U} $ } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007Total Costs Incurred      Year Ended December 31, ~ Z   ~ V   ~ R     Total  United  Canada  Total  United  Canada  Total  United  Canada      States        States        States  (millions)                  # Property acquisition costs:                           Proved properties~ ^~ ^ $? ~   ~  ?~ R~ R ?Unproved properties~ ~ ~    ~  ^ ~ &~ :~ ~ ~ :~  ~ ~    ~  6 ~ ~ :~ "~ ~ :Exploration costs~ >~ ~  B  ~   ~ ~ ~ V~ ~ :Development costs (1)~ ~ V~  Z  ~   ~ ~ >~ N~ & ~ * Total~  ~ B~  ~   ~ 6~ ~ ~ *~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6~rf]F,>Y =PF0*8X> @"$                   l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredCompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 0} $ } U} $ } U} $ } U} $ } U} $ } U} $ } U} $ } U} $ } U} $ } U       DOMINION ENERGY INC /VA/ 10-K 02/28/2007Results of Operations      Year Ended December 31, ~ Z   ~ V   ~ R     Total  U.S.  Canada  Total  U.S.  Canada  Total  U.S.  Canada  (millions)                  (  Revenue (net of royalties) from:                           (  Sales to nonaffiliated companies ~ n ~ V ~  ~ n ~ f ~   ~  ~ F ~ %Transfers to other operations~ ~   ?  ~  2 ~ 2 ?~ ~  ? Total~ b!~ J~    ~   ~ ~  ~ ~ R~  Less:     "Production (lifting) costs~ ~ ~    ~   ~ Z~ ~ *~ ~ V0(Depreciation, depletion and amortization~  ~  ~    ~   ~ 6~ ~ ~ ~ Income tax expense~ v~ >~  :  ~  n ~ "~ N~ ~ *~ vResults of operations~ ~ ^~ n ~  v ~ ~ ~ b~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8}qe\K][#%=PF0*8X> @ !                      l  +Iv À  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 6} $ }  } $ }  } $ } } $ }  } $ }  } $ } } $ }  } $ }  } $ }  } $ +      DOMINION ENERGY INC /VA/ 10-K 02/28/2007Company-Owned Reserves       ~ Z     ~ V     ~ R       Total   United   Canada   Total   United   Canada   Total   United   Canada       States         States         States (billion cubic feet)                           5 -Proved developed and undeveloped reserves?Gas                            At January 1~ M~ K~   ~  L  ~ :K~ ~ P~ I~ Changes in reserves:     3+Extensions, discoveries and other additions~ ~ &~   ~    ~ R~ ^~ ~ Z~ +#Revisions of previous estimates (1)~ ~ ~   ~  &  ~ ~  ~  ~ 6~  Production~  ~ J~   ~  z  ~ ~ ~ ~ "~ r!Purchases of gas in place~ ~  ?  ~    ~  ?~ *~ * ?Sales of gas in place~ ~ ~   ~    ~  ?~ J~ ~ At December 31~ BP~ M~   ~  M  ~ K~ ~ L~ :K~ %Proved developed reserves?Gas      At January 1~ 9~ V8~   ~  9  ~ 8~ z~ ;~ J6~ At December 31~ 7~ 5~   ~  9  ~ V8~ ~ 9~ 8~ z5-Proved developed and undeveloped reserves?Oil     (thousands of barrels)      At January 1~ I ~ * ~ b*  ~  z   ~ ~ ^9~ v{ ~ .# ~ JXChanges in reserves:     3+Extensions, discoveries and other additions~ ~ ڦ~    ~  fh  ~ ^T~  ~ ~~ Nx~ 2=+#Revisions of previous estimates (2)~ Q~ z~   ~  2  ~ ~ r~ Ι~ ~  Production~ 6z~ 6~   ~     ~ ~ ~ (~ P~ D%l|pd*u&5DVy JY !"#$%&'()*! Purchases of oil in place ~    ~     ?  ~   ~    ?  ~ j   ~ j    ? !Sales of oil in place!~ !\!!~ !g!!~ !z! ! ~ ! ! ! ~ !!! !?!!~ !!!~ !:!!~ !z!"At December 31 (3)"~ "-""~ "F< ""~ "" " ~ " I " " ~ "* ""~ "b*""~ "z ""~ """~ "^9"%#Proved developed reserves?Oil######### # # # # ##############$ At January 1$~ $T $$~ $$$~ $o$ $ ~ $ "$ $ ~ $"<$$~ $$$~ $d$$~ $c$$~ $F$%At December 31%~ % %%~ %Z %%~ %Vn% % ~ % T % % ~ %%%~ %o%%~ %"%%~ %"<%%~ %%&'$(____________________________1))Created by Morningstar Document Research.0*(http://documentresearch.morningstar.com/2 1SG;=PF0*8X> @2**))((    l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned ReservesStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 1} $ }  } $ }  } $ } U} $ } } $ }  } $ } U} $ }  } $ }  } $ } $       DOMINION ENERGY INC /VA/ 10-K 02/28/2007TLStandardized Measure of Discounted Future Net Cash Flows and Changes Therein       ~ Z   ~ V   ~ R     Total  United  Canada  Total  United  Canada  Total  United  Canada      States        States        States  (millions)                   Future cash inflows (1) ~ V ~ ; ~  ~ r ~  ~  ~ N? ~ ^. ~  Less:     $Future development costs (2)~ j2~ /~    ~   ~ V~ ~ ~ B~ Future production costs~ s~ bl~    ~  ~ ~ x~ f~ W~ R~ !Future income tax expense~ b~ :~  *  ~  .) ~ ~!~ ~ ~ ֚~ Future cash flows~ "~ ~  v   ~  ^ ~ z~  ~ .1~ r)~ )!Less annual discount (10% a year)~ j~ ~~    ~  ' ~ "~ ~ &~ ~ 1)Standardized measure of discounted future~ ~~ .x~  ~   ~ z~ V~  ~ ~ &net cash flows$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8RF:.<% =IS4=PF0*8X> @"$                         l  #  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of Discoun!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } U5} $ }  } $ }  }  $ } } $ #                                  DOMINION ENERGY INC /VA/ 10-K 02/28/2007TLStandardized Measure of Discounted Future Net Cash Flows and Changes Therein      ~ Z  ~ V  ~ R   (millions)             1 )Standardized measure of discounted future ~   ~    ~ F # net cash flows at January 1+#Changes in the year resulting from:    3+Sales and transfers of gas and oil produced~ f~   ~   .&during the year, less production costs-%Prices and production and development~ G~   ~   *"costs related to future production4,Extensions, discoveries and other additions,~  ~   ~  z -%less production and development costs.&Previously estimated development costs~ ~ r  ~    incurred during the year0(Revisions of previous quantity estimates~ f~ n  ~   Accretion of discount~ ^$~ ^  ~  >  Income taxes~ D~   ~  v 4,Other purchases and sales of proved reserves~ ~ 2  ~  J in place0(Other (principally timing of production)~ ~ N  ~   1)Standardized measure of discounted future~ ~~  ~    %net cash flows at December 31DAlRF:.b,ut ! " $ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @b "" !!      l  @ Q  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1) PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 2} $ } U} } $ } U} } $ } } } $ } U} } $ }  }  @      DOMINION ENERGY INC /VA/ 10-K 02/28/2007F>NOTE 30. QUARTERLY FINANCIAL AND COMMON STOCK DATA (UNAUDITED)        First   Second   Third   Fourth    Full Year    Quarter   Quarter   Quarter   Quarter, $(millions, except per share amounts)                     ~ Z                    Operating revenue~ ^M~ r7 ~  >  ~ =~ Income from operations~ ~   ~  F  ~ r ~ F4)!Income from continuing operations~ n~   ~  J   ~ ~ n)!Loss from discontinued operations~ ~   ~    ~ b~ & Net income~ Z~   ~  :   ~ ~~  Basic EPS:     )!Income from continuing operations(\?Q?   Q?  = ףp=?zG@)!Loss from discontinued operations{Gz{Gz   {Gz  Q޿p= ף Net incomep= ף?q= ףp?   (\?   ףp= ?@ Diluted EPS:     )!Income from continuing operations?Q?   (\?  Q?@)!Loss from discontinued operations{Gz{Gz   {Gz  Gz޿p= ף Net income{Gz?q= ףp?   ?   ףp= ?q= ףp@ Dividends paid per shareGz?Gz?   Gz?  Gz?Gz@&Common stock prices (high-low){GT@~ zGS@~   {GZT@~   \(U@~ \(U@~ Q8Q@Gz.Q@   \(R@  (\S@Gz.Q@~ V     Operating revenue~ I~ 8 ~  F  ~ JO~ Dl`TH<@amF60S !"#$%&'()*+,-./0123456789:;<=>? Income from operations  ~     ~     ~    ~     ~ & 0!(Income from continuing operations before!!~ !!!!~ !F!! ! ~ ! .! ! !~ !*!!!~ !^!1")cumulative effect of change in accounting# principle2$*Income (Loss) from discontinued operations$$~ $$$$~ $$$ $ ~ $ $ $ $~ $$$$~ $$1%)Cumulative effect of change in accounting%% %?%%% %?%% %  % ?% % %~ %%%%~ %%& principle' Net income''~ ''''~ '2'' ' ~ ' >' ' '~ ''''~ '&'( Basic EPS:((((((((( ( ( ( ( (((((((0)(Income from continuing operations before)))RQ?))))Gz?)) ) ) Q?) ) ))p= ף?)))){Gz@)1*)cumulative effect of change in accounting+ principle2,*Income (Loss) from discontinued operations,,,{Gz,,,,{Gz,, , , {Gz?, , ,,{Gz,,,,{Gz,1-)Cumulative effect of change in accounting-- -?--- -?-- -  - ?- - --{Gz----{Gz-. principle/ Net income///)\(?////\(\?// / / {Gz?/ / //Gz?////)\(@/0 Diluted EPS:000000000 0 0 0 0 000000001(Income from continuing operations before111)\(?1111Gz?11 1 1 Q?1 1 11p= ף?1111RQ@112)cumulative effect of change in accounting3 principle24*Income (Loss) from discontinued operations444{Gz4444{Gz44 4 4 {Gz?4 4 44{Gz4444{Gz415)Cumulative effect of change in accounting55 5?555 5?55 5  5 ?5 5 55{Gz5555{Gz56 principle7 Net income777?7777 ףp= ?77 7 7 {Gz?7 7 77Gz?777~ 77 8Dividends paid per share888q= ףp?8888q= ףp?88 8 8 q= ףp?8 8 88q= ףp?8888q= ףp@8&9Common stock prices (high-low)99q= ףS@~ 999Hz7S@~ 99 9 HzU@~ 9 9 9GzU@~ 999GzU@~ 9::::q= ףP@::::P@:: : :  R@: : ::`R@::::q= ףP@:;<$=____________________________1>)Created by Morningstar Document Research.0?(http://documentresearch.morningstar.com/Dll<nY^)g5/ =PF0*8X> @ ??>>==999999 9999           l  $% i0 < 1G R X  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } =       DOMINION ENERGY INC /VA/ 10-K 02/28/2007PART IV   10.9* 7 /Dominion Resources, Inc. Executive Supplemental  0 (Retirement Plan, as amended and restated  2 *effective December 17, 2004 (Exhibit 10.5,  2 *Form 8-K filed December 23, 2004, File No.+#1-8489, incorporated by reference).10.10*7/Dominion Resources, Inc. Incentive Compensation2*Plan, effective April 22, 1997, as amended5-and restated effective July 20, 2001 (Exhibit2*10.1, Form 10-Q for the quarter ended June/'30, 2001, File No. 1-8489, incorporatedby reference).10.11*/'Dominion Resources, Inc. 2005 Incentive/'Compensation Plan (Exhibit 10, Form 8-K:2filed March 3, 2005, File No. 1-8489, incorporatedby reference).10.12*0(Dominion Resources, Inc. Executive Stock1)Purchase and Loan Plan II, dated February2*15, 2000 (Exhibit 10.10, Form 10-K for the1)fiscal year ended December 31, 2002, FileD9 lsO7E?Rl!/ !"#$%&'()*+,-./0123456789:;<=>?  / 'No. 1-8489, incorporated by reference).!!"10.13*"/"'Form of Employment Continuity Agreement##1#)for certain officers of Dominion, amended$$1$)and restated July 15, 2003 (Exhibit 10.1,%%0%(Form 10-Q for the quarter ended June 30,&&.&&2003, File No. 1-8489, incorporated by''3'+reference), as amended March 31, 2006 (Form((1()8-K filed April 4, 2006, File No. 1-8489,))#)incorporated by reference).**+10.14*+3++Dominion Resources, Inc. Retirement Benefit,,0,(Funding Plan, effective June 29, 1990 as--.-&amended and restated September 1, 1996..3.+(Exhibit 10(iii), Form 10-Q for the quarter//:/2ended June 30, 1997, File No. 1-8489, incorporated000by reference).11210.15*232+Dominion Resources, Inc. Retirement Benefit3313)Restoration Plan, as amended and restated4424*effective December 17, 2004 (Exhibit 10.6,5525*Form 8-K filed December 23, 2004, File No.66+6#1-8489, incorporated by reference).77810.16*8,8$Dominion Resources, Inc. Executives?99/9'Deferred Compensation Plan, amended and::;:3restated effective December 17, 2004 (Exhibit 10.7,;;2;*Form 8-K filed December 23, 2004, File No.<<+<#1-8489, incorporated by reference).==>10.17*>.>&Dominion Resources, Inc. New Executive??/?'Supplemental Retirement Plan, effectiveD lLfA)>gO_dt-@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@/@'January 1, 2005 (Exhibit 10.8, Form 8-KAA1A)filed December 23, 2004, File No. 1-8489,BB3B+incorporated by reference), amended JanuaryCC2C*19, 2006 (Exhibit 10.17, Form 10-K for theDD1D)fiscal year ended December 31, 2005, FileEE/E'No. 1-8489, incorporated by reference),FF4F,as amended December 1, 2006 (filed herewith)GG2G*and further amended January 1, 2007 (filedHHH herewith).IIJ10.18*J/J'Dominion Resources, Inc. New RetirementKK3K+Benefit Restoration Plan, effective JanuaryLL6L.1, 2005 (Exhibit 10.9, Form 8-K filed DecemberMM/M'23, 2004, File No. 1-8489, incorporatedNN1N)by reference), as amended January 1, 2007OOO(filed herewith).PPQ10.19*Q3Q+Dominion Resources, Inc. Stock AccumulationRR.R&Plan for Outside Directors, amended asSS1S)of February 27, 2004 (Exhibit 10.15, FormTT/T'10-K for the fiscal year ended DecemberUU-U%31, 2003, incorporated by reference);VV4V,amended effective December 31, 2004 (ExhibitWW/W'10.1, Form 8-K filed December 23, 2004,XX4X,File No. 1-8489, incorporated by reference).YYZ10.20*Z0Z(Dominion Resources, Inc. Directors Stock[[2[*Compensation Plan, as amended February 27,\\5\-2004 (Exhibit 10.16, Form 10-K for the fiscal]]2]*year ended December 31, 2003, incorporated^^5^-by reference); amended effective December 31,__7_/2004 (Exhibit 10.2, Form 8-K filed December 23,Dn lh~3gO]x#A] U`abcdefghijklmnopqrstuvwxyz{|}~``.`&2004, File No. 1-8489, incorporated byaaa reference).bbc10.21*c4c,Dominion Resources, Inc. Directors? Deferreddd.d&Cash Compensation Plan, as amended andee3e+in effect September 20, 2002 (Exhibit 10.4,ff1f)Form 10-Q for the quarter ended Septembergg-g%30, 2002, incorporated by reference);hh4h,amended effective December 31, 2004 (Exhibitii/i'10.3, Form 8-K filed December 23, 2004,jj4j,File No. 1-8489, incorporated by reference).kkl10.22*l-l%Dominion Resources, Inc. Non-Employeemm/m'Directors? Compensation Plan, effectivenn/n'January 1, 2005 (Exhibit 10.4, Form 8-Koo1o)filed December 23, 2004, File No. 1-8489,pp#pincorporated by reference).qqr10.23*r1r)Dominion Resources, Inc. Leadership Stockss/s'Option Plan, effective July 1, 2000, astt/t'amended and restated effective July 20,uu5u-2001 (Exhibit 10.2, Form 10-Q for the quartervv:v2ended June 30, 2001, File No. 1-8489, incorporatedwwwby reference).xxy10.24*y0y(Dominion Resources, Inc. Executive Stockzz.z&Purchase Tool Kit, effective September{{.{&1, 2001, amended and restated December||7|/16, 2005 (Exhibit 10.2, Form 8-K filed December}}/}'12, 2005, File No. 1-8489, incorporated~~~by reference).D lo3OMv^ u$2K10.25*0(Dominion Resources, Inc. Security Option0(Plan, effective January 1, 2003, amended0(December 31, 2004 and restated effective0(January 1, 2005 (Exhibit 10.13, Form 8-K1)filed December 23, 2004, File No. 1-8489,#incorporated by reference).10.26*1)Arrangement with Thos. E. Capps regarding0(additional credited years of service for0(retirement and retirement life insurance.&purposes (Exhibit 10.21, Form 10-K for0(the fiscal year ended December 31, 2002,4,File No. 1-8489, incorporated by reference).10.27*,$Employment agreement dated September4,30, 2002 between Dominion and Thos. E. Capps0((Exhibit 10.1, Form 10-Q for the quarter2*ended September 30, 2002, File No. 1-8489,,$incorporated by reference) including/'supplemental letter, dated February 27,5-2003 (Exhibit 10.22, Form 10-K for the fiscal6.year ended December 31, 2002, File No. 1-8489,-%incorporated by reference); Amendment2*to Employment Agreement dated May 26, 20052*between Dominion Resources, Inc. and Thos./'E. Capps (Exhibit 10.1, Form 8-K, filed3+May 31, 2005, File No. 1-8489, incorporatedby reference).10.28*.&Restricted stock award agreement dated0(May 26, 2005 between Dominion Resources,3+Inc. and Thos. E. Capps (Exhibit 10.2, FormDe lb}>&;U=Sr!8P0(8-K filed May 31, 2005, File No. 1-8489,#incorporated by reference).10.29*-%Letter agreement between Dominion and1)Thomas F. Farrell, II, dated February 27,5-2003 (Exhibit 10.24, Form 10-K for the fiscal6.year ended December 31, 2002, File No. 1-8489,.&incorporated by reference), as amended1)December 16, 2005 (Exhibit 10.1, Form 8-K1)filed December 16, 2005, File No. 1-8489,#incorporated by reference).$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/$,u]p:=PF0*8X> @ l  dp v{ x  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ }  @ d      DOMINION ENERGY INC /VA/ 10-K 02/28/2007PART IV   10.30* - %Letter agreement between Dominion and  . &Thomas N. Chewning, dated February 28,  5 -2003 (Exhibit 10.25, Form 10-K for the fiscal  6 .year ended December 31, 2002, File No. 1-8489,#incorporated by reference).10.31*0(Offer of employment dated March 16, 20015-between Dominion and Duane C. Radtke (Exhibit2*10.26, Form 10-K for the fiscal year ended80December 31, 2002, File No. 1-8489, incorporatedby reference).10.32*0(Supplemental retirement agreement, dated3+October 15, 2004 between Dominion and Duane91C. Radtke (Exhibit 10, Form 8-K filed October 19,.&2004, File No. 1-8489, incorporated by reference).10.33*,$Supplemental letter agreement, dated3+January 26, 2007 between Dominion and Duane/'C. Radtke (Exhibit 10.1, Form 8-K filed7/January 31, 2007, File No. 1-8489, incorporatedD- lsO7MR_-t@ !"#$%&'()*+,-./0123456789:;<=>?   by reference).!!"10.34*"/"'Employment agreement dated February 13,##1#)2007 between Dominion Resources Services,$$5$-Inc. and Mark F. McGettrick (filed herewith).%%&10.35*&/&'Supplemental retirement agreement dated''0'(April 22, 2005 between Dominion and Mark((/('F. McGettrick (Exhibit 10.36, Form 10-K))4),for the fiscal year ended December 31, 2005,**4*,File No. 1-8489, incorporated by reference).++,10.36*,1,)Offer of employment dated August 21, 2000--0-(between Dominion Energy, Inc. and Jay L...!.Johnson (filed herewith).//010.37*010)Supplemental letter agreement dated April1111)22, 2005 between Dominion Resources, Inc.22,2$and Jay L. Johnson (filed herewith).33410.38*414)Form of Restricted Stock Grant under 200655/5'Long-Term Compensation Program approved6646,March 31, 2006 (Exhibit 10.1, Form 8-K filed7747,April 4, 2006, File No. 1-8489, incorporated888by reference).99:10.39*:6:.Form of Performance Grant under 2006 Long-Term;;/;'Compensation Program approved March 31,<<0<(2006 (Exhibit 10.2, Form 8-K filed April==.=&4, 2006, File No. 1-8489, incorporated>>>by reference).??Dp le^w'p3{3}-;Z@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@10.40*@2@*Base salaries for named executive officersAAA(filed herewith).BBC10.41*C3C+Non-employee directors? annual compensationDDD(filed herewith).EE~ F2F1F)Ratio of earnings to fixed charges (filedGGG herewith).HH~ IVI-I%Subsidiaries of the Registrant (filedJJJ herewith).KKL7@L/L'Consent of Deloitte & Touche LLP (filedMMM herewith).NNO3333337@O3O+Consent of Ryder Scott Company, L.P. (filedPPP herewith).QQR?@R5R-Certification by Registrant?s Chief ExecutiveSS=S5Officer pursuant to Section 302 of the Sarbanes-OxleyTT%TAct of 2002 (filed herewith).UUV333333?@V5V-Certification by Registrant?s Chief FinancialWW=W5Officer pursuant to Section 302 of the Sarbanes-OxleyXX%XAct of 2002 (filed herewith).YY~ ZZ4Z,Certification to the Securities and Exchange[[2[*Commission by Registrant?s Chief Executive\\/\'Officer and Chief Financial Officer, as]]5]-required by Section 906 of the Sarbanes-Oxley^^)^!Act of 2002 (furnished herewith)._D lw_ n@(F}et\kSh`abc`$a____________________________1b)Created by Morningstar Document Research.0c(http://documentresearch.morningstar.com/ <=PF0*8X> @ccbbaa l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1)SIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } } $ } -       DOMINION ENERGY INC /VA/ 10-K 02/28/2007 SIGNATURES DOMINION RESOURCES, INC.   By: (  / S / T HOMAS F. F ARRELL , II  - %(Thomas F. Farrell, II, President and   Chief Executive Officer)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*h|pL(D8,=PF0*8X> @"  l  ?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURES!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } -} $ } U5 ?      DOMINION ENERGY INC /VA/ 10-K 02/28/2007 SIGNATURES  Signature  Title  ! / S / T HOS . E. C APPS * "Chairman of the Board of Directors Thos. E. Capps   / S / P ETER W. B ROWNDirectorPeter W. Brown"/ S / R ONALD J. C ALISEDirectorRonald J. Calise-%/ S / G EORGE A. D AVIDSON , J R .DirectorGeorge A. Davidson, Jr.( / S / T HOMAS F. F ARRELL , II/'Director, President and Chief ExecutiveThomas F. Farrell, IIOfficer / S / J OHN W. H ARRISDirectorJohn W. Harris+#/ S / R OBERT S. J EPSON , J R .DirectorRobert S. Jepson, Jr.DLl|pLq-0 J2m !"#$%&'()*+,-./0123456789:;<=>! / S / M ARK J. K INGTON  Director!Mark J. Kington""+##/ S / B ENJAMIN J. L AMBERT , III##Director $Benjamin J. Lambert, III%%(& / S / R ICHARD L. L EATHERWOOD&&Director'Richard L. Leatherwood((() / S / M ARGARET A. M C K ENNA))Director*Margaret A. McKenna++ ,/ S / F RANK S. R OYAL,,Director-Frank S. Royal..#// S / S. D ALLAS S IMMONS//Director0S. Dallas Simmons11"2/ S / D AVID A. W OLLARD22Director3David A. Wollard44$5/ S / T HOMAS N. C HEWNING545,Executive Vice President and Chief Financial6Thomas N. Chewning66Officer77"8/ S / S TEVEN A. R OGERS828*Senior Vice President and Chief Accounting9Steven A. Rogers99Officer:;$<____________________________1=)Created by Morningstar Document Research.0>(http://documentresearch.morningstar.com/BX9w+ ~7_$ =PF0*8X> @>>==<< l  K  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } 8} $ } -       DOMINION ENERGY INC /VA/ 10-K 02/28/20077/Non-Employee Directors#146; Annual Compensation Annual Retainer  Amount Service as Director - %$80,000 ($40,000 cash; $40,000 stock)" Eligible and New Directors   $40,000 stock3 +Service as Audit Committee or Compensation, ~ b1 )Governance and Nominating Committee Chair7/Service as Finance and Risk Oversight Committee$ 5,000 Chair Meeting FeesBoard meetings$2,000 per meeting.&Audit and Compensation, Governance and$2,000 per meeting%Nominating Committee meetings5-Finance and Risk Oversight Committee meetings$1,500 per meeting$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:ocWK'GgV>nE=PF0*8X> @ l  #g |  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual Subsidiaries of the RegistrantSubsidiaries of the (1)Subsidiaries of the (2)U } $4} $ } U} $ } U}  $ } } $ } $} $ } $ #      DOMINION ENERGY INC /VA/ 10-K 02/28/200791Computation of Ratio of Earnings to Fixed Charges         Years Ended   2006(a)   2005(b)   2004(c)  2003(d)  ~  J Earnings, as defined:                  2 *Earnings from continuing operations before ~ &  ~   ~  ~   ~ . &income taxes and minority interests in!consolidated subsidiaries.&Distributed income from unconsolidated~ ~   ~    ~ ~ b*"investees, less equity in earnings3+Fixed charges included in the determination~ &~   ~  &  ~ ~ > of net income     "Total earnings, as defined~ 7~ J) ~  . ~  '~ /     "Fixed charges, as defined:     Interest charges~ B~  ~   ~  ~ nRental interest factor~ ~   ~    ~ ~~ n     'Total fixed charges, as defined~ .~  ~  b ~  n~        *"Ratio of Earnings to Fixed ChargesHzG@Q@   {Gz@  = ףp=@p= ף@D%lmaUIe6pwiD0 <>|xs !"$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/ (=PF0*8X> @""!!                 l  =)!  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING 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CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of EarningSubsidiaries of the (1)Subsidiaries of the (2)U } 1} $ } } $ } 1 =      DOMINION ENERGY INC /VA/ 10-K 02/28/2007&Subsidiaries of the Registrant Name  Jurisdiction of . &Name Under Which Business is Conducted    Incorporation Dominion Resources, Inc.  Virginia  Dominion Resources, Inc. DFV Capital Corporation  Delaware  DFV Capital Corporation' Dominion Alliance Holding, Inc.  Delaware ' Dominion Alliance Holding, Inc.'Dominion Canada Finance Company Nova Scotia'Dominion Canada Finance Company&Dominion Energy Holdings, Inc.Virginia&Dominion Energy Holdings, Inc.*"Dominion Energy Technologies, Inc.Virginia*"Dominion Energy Technologies, Inc.Dominion Ohio ES, Inc. OhioDominion Ohio ES, Inc.)!Dominion Resources Services, Inc.Virginia)!Dominion Resources Services, Inc.*"Dominion Resources Capital Trust IDelaware*"Dominion Resources Capital Trust I+#Dominion Resources Capital Trust IIDelaware+#Dominion Resources Capital Trust II,$Dominion Resources Capital Trust IIIDelaware,$Dominion Resources Capital Trust III+#Dominion Resources Capital Trust IVDelaware+#Dominion Resources Capital Trust IV*"Dominion Technical Solutions, Inc.Virginia*"Dominion Technical Solutions, Inc.DT Services, Inc.VirginiaDT Services, Inc.$Dominion Fiber Ventures, LLCDelaware$Dominion Fiber Ventures, LLC( Consolidated Natural Gas CompanyDelaware( Consolidated Natural Gas CompanyCNG Coal CompanyDelawareCNG Coal Company%CNG International CorporationDelaware%CNG International Corporation/'CNG Main Pass Gas Gathering CorporationDelaware/'CNG Main Pass Gas Gathering Corporation%CNG Oil Gathering CorporationDelaware%CNG Oil Gathering Corporation&CNG Power Services CorporationDelaware&CNG Power Services CorporationDulth\ z  k}}  !"#$%&'()*+,-./0123456789:;<- %Armstrong Energy Limited Partnership,  Delaware - %Armstrong Energy Limited Partnership, !LLLP!!! !LLLP!"Dominion Cove Point, Inc.""Virginia"!"Dominion Cove Point, Inc.,#$Dominion Cove Point LNG Company, LLC##Delaware#,#$Dominion Cove Point LNG Company, LLC*$"Dominion Gas Projects Company, LLC$$Delaware$*$"Dominion Gas Projects Company, LLC#%Dominion Cove Point LNG, LP%%Delaware%#%Dominion Cove Point LNG, LP"&Dominion LNG Barge Company&&Delaware&"&Dominion LNG Barge Company(' Land Acquisition ? Fairless, LLC''Delaware'(' Land Acquisition ? Fairless, LLC$(Dominion CNG Capital Trust I((Delaware($(Dominion CNG Capital Trust I/)'Dominion Exploration & Production, Inc.))Delaware)/)'Dominion Exploration & Production, Inc. *DEPI Texas Holdings, LLC**Delaware* *DEPI Texas Holdings, LLC1+)Dominion Exploration & Production I, L.P.+ +Texas+1+)Dominion Exploration & Production I, L.P.%,Dominion Field Services, Inc.,,Delaware,%,Dominion Field Services, Inc.!-Dominion Greenbrier, Inc.--Virginia-!-Dominion Greenbrier, Inc.(. Greenbrier Pipeline Company, LLC..Delaware.(. Greenbrier Pipeline Company, LLC)/!Greenbrier Marketing Company, LLC//Delaware/)/!Greenbrier Marketing Company, LLC0Dominion Iroquois, Inc.00Delaware00Dominion Iroquois, Inc.*1"Dominion Natural Gas Storage, Inc.11Delaware1*1"Dominion Natural Gas Storage, Inc.-2%Dominion Oklahoma Texas Exploration &22Delaware2-2%Dominion Oklahoma Texas Exploration &3Production, Inc.3333Production, Inc./4'Dominion Exploration MidContinent, Inc.44Oklahoma4/4'Dominion Exploration MidContinent, Inc.$5Dominion Gas Marketing, Inc.55Delaware5$5Dominion Gas Marketing, Inc. 6LDNG Texas Holdings, LLC66Oklahoma6 6LDNG Texas Holdings, LLC"7Dominion Natural Gas I, LP7 7Texas7"7Dominion Natural Gas I, LP89$:____________________________1;)Created by Morningstar Document Research.0<(http://documentresearch.morningstar.com/>0r.,*. %!7)@4(=PF0*8X> @<<;;:: l  B>?PQ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (2)U } a/} $ } m} $ } a/ B      DOMINION ENERGY INC /VA/ 10-K 02/28/2007&Subsidiaries of the Registrant) !Stonewater Pipeline Company, L.P.  Texas ) !Stonewater Pipeline Company, L.P.- %Stonewater Pipeline Company of Texas,  Texas - %Stonewater Pipeline Company of Texas, Inc.    Inc., $Dominion Products and Services, Inc.  Delaware , $Dominion Products and Services, Inc.& Dominion Member Services, Inc.  Delaware & Dominion Member Services, Inc.Dominion Retail, Inc.DelawareDominion Retail, Inc.'Dominion South Holdings I, Inc.Delaware'Dominion South Holdings I, Inc.'Dominion South Holdings II, LLCDelaware'Dominion South Holdings II, LLC+#Dominion South Pipeline Company, LPDelaware+#Dominion South Pipeline Company, LP#Dominion Transmission, Inc.Delaware#Dominion Transmission, Inc.Tioga Properties, LLCDelawareTioga Properties, LLC#Farmington Properties, Inc. Pennsylvania#Farmington Properties, Inc.NE Hub Partners, L.L.C.DelawareNE Hub Partners, L.L.C.NE Hub Partners, L.P.DelawareNE Hub Partners, L.P.Hope Gas, Inc. West Virginia Dominion Hope!The East Ohio Gas Company OhioDominion East Ohio'The Peoples Natural Gas Company PennsylvaniaDominion PeoplesDominion Energy, Inc.VirginiaDominion Energy, Inc. Dominion Armstrong, Inc.Delaware Dominion Armstrong, Inc.,$Dominion Armstrong Services Company,Delaware,$Dominion Armstrong Services Company, Inc. Inc.*"Dominion Black Warrior Basin, Inc.Alabama*"Dominion Black Warrior Basin, Inc.Dominion Cogen, Inc.VirginiaDominion Cogen, Inc.D lth\ BTPL`:X !"#$%&'()*+,-./0123456789:;<=>? Dominion Cogen WV, Inc.  Virginia  Dominion Cogen WV, Inc.!Dominion Dresden, Inc.!!Delaware!!Dominion Dresden, Inc."Dresden Energy, LLC""Delaware""Dresden Energy, LLC/#'Dominion Dresden Services Company, Inc.##Delaware#/#'Dominion Dresden Services Company, Inc.$Dominion Elwood, Inc.$$Delaware$$Dominion Elwood, Inc.'%Dominion Elwood Expansion, Inc.%%Delaware%'%Dominion Elwood Expansion, Inc..&&Dominion Elwood Services Company, Inc.&&Virginia&.&&Dominion Elwood Services Company, Inc.,'$Dominion Energy Construction Company''Virginia','$Dominion Energy Construction Company'(Dominion Energy Marketing, Inc.((Delaware('(Dominion Energy Marketing, Inc.*)"Dominion Nuclear Connecticut, Inc.))Delaware)*)"Dominion Nuclear Connecticut, Inc.)*!Dominion Energy New England, Inc.** Massachusetts*)*!Dominion Energy New England, Inc.*+"Dominion Energy Brayton Point, LLC++Virginia+*+"Dominion Energy Brayton Point, LLC),!Dominion Energy Salem Harbor, LLC,,Virginia,),!Dominion Energy Salem Harbor, LLC/-'Dominion Energy Manchester Street, Inc.--Virginia-/-'Dominion Energy Manchester Street, Inc.+.#Dominion Energy Peru Holdings, Inc...Virginia.+.#Dominion Energy Peru Holdings, Inc../&Dominion Energy Services Company, Inc.//Virginia/./&Dominion Energy Services Company, Inc..0&Dominion Energy Terminal Company, Inc.00Virginia0.0&Dominion Energy Terminal Company, Inc. 1Dominion Equipment, Inc.11Virginia1 1Dominion Equipment, Inc.#2Dominion Equipment II, Inc.22Virginia2#2Dominion Equipment II, Inc.$3Dominion Equipment III, Inc.33Delaware3$3Dominion Equipment III, Inc.%4Dominion Fairless Hills, Inc.44Delaware4%4Dominion Fairless Hills, Inc.5Fairless Energy, LLC55Delaware55Fairless Energy, LLC6Dominion Kincaid, Inc.66Virginia66Dominion Kincaid, Inc."7Kincaid Generation, L.L.C.77Virginia7"7Kincaid Generation, L.L.C.$8Dominion Mt. Storm Wind, LLC88Virginia8$8Dominion Mt. Storm Wind, LLC,9$Dominion North Star Generation, Inc.99Delaware9,9$Dominion North Star Generation, Inc.":North Star Generation, LLC::Delaware:":North Star Generation, LLC';Dominion Nuclear Projects, Inc.;;Virginia;';Dominion Nuclear Projects, Inc.&<Dominion Energy Kewaunee, Inc.<< Wisconsin<&<Dominion Energy Kewaunee, Inc.=>$?____________________________DHl"2 sW7IOs{xl@A1@)Created by Morningstar Document Research.0A(http://documentresearch.morningstar.com/=PF0*8X> @AA@@?? l  ;nJ{  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??tOR!Securities registered pursuant !DOCUMENT INCORPORATED BY REFERENUCLEAR DECOMMISSIONING!COMPANYOWNED PROVED GAS AND OIL!QUANTITIES OF GAS AND OIL PRODU ACREAGE!NET WELLS DRILLED IN THE CALENDNET WELLS DRILLED IN THE (1)POWER GENERATION!EXECUTIVE OFFICERS OF THE REGIS!ISSUER PURCHASES OF EQUITY SECUISSUER PURCHASES OF (1)EMPLOYEE BENEFIT PLANSRESULTS OF OPERATIONS!Analysis of Consolidated OperatSEGMENT RESULTS OF OPERATIONSSEGMENT RESULTS OF (1)SEGMENT RESULTS OF (2)SEGMENT RESULTS OF (3)SEGMENT RESULTS OF (4)SEGMENT RESULTS OF (5)SEGMENT RESULTS OF (6)SEGMENT RESULTS OF (7)SEGMENT RESULTS OF (8)SEGMENT RESULTS OF (9)SEGMENT RESULTS OF (10)SEGMENT RESULTS OF (11)SEGMENT RESULTS OF (12)SEGMENT RESULTS OF (13)!SELECTED INFORMATION151ENERGY TSELECTED INFORM (1)!LIQUIDITY AND CAPITAL RESOURCES CREDIT RISK!CREDIT FACILITIES AND SHORTTERMCREDIT FACILITIES AND (1) LONGTERM DEBTCredit RatingsDebt Covenants!Future Cash Payments for Contra!THIS PAGE INTENTIONALLY LEFT BLIncome Statement Balance SheetCONSOLIDATED BALANCE SHEETSCONSOLIDATED BALANCE (1) Cash FlowsStockbased CompensationProperty Plant and EquipmentProperty Plant and (1)Shareholders Equity!Employers146 Accounting for PosEmployers146 Accounting (1)NOTE 6 OPERATING REVENUENOTE 7 INCOME TAXESNOTE 7 INCOME T (1)NOTE 7 INCOME T (2)!NOTE 8 HEDGE ACCOUNTING ACTIVITNOTE 8 HEDGE ACCOUNTING (1)!Sale of Merchant Generation Fac!Sale of Regulated Gas DistributSale of Regulated Gas (1)NOTE 10 EARNINGS PER SHARENOTE 11 INVESTMENT SECURITIESNOTE 11 INVESTMENT (1)NOTE 11 INVESTMENT (2)NOTE 11 INVESTMENT (3)!NOTE 12 PROPERTY PLANT AND EQUINOTE 12 PROPERTY PLANT (1)NOTE 12 PROPERTY PLANT (2)JointlyOwned Power StationsOther Intangible Assets!NOTE 14 REGULATORY ASSETS AND L!NOTE 15 ASSET RETIREMENT OBLIGACNG Credit FacilitiesNOTE 18 LONGTERM DEBTNOTE 18 LONGTERM (1)!Junior Subordinated Notes Payab!NOTE 19 SUBSIDIARY PREFERRED ST!Accumulated Other Comprehensive STOCK OPTIONSRESTRICTED STOCKGOALBASED STOCK NOTE 22 EMPLOYEE BENEFIT PLANSNOTE 22 EMPLOYEE BENEFIT (1)NOTE 22 EMPLOYEE BENEFIT (2)NOTE 22 EMPLOYEE BENEFIT (3)NOTE 22 EMPLOYEE BENEFIT (4)NOTE 22 EMPLOYEE BENEFIT (5)NOTE 22 EMPLOYEE BENEFIT (6)NOTE 22 EMPLOYEE BENEFIT (7)NOTE 22 EMPLOYEE BENEFIT (8)LongTerm Purchase AgreementsLease Commitments!Guarantees Surety Bonds and Let!NOTE 24 FAIR VALUE OF FINANCIALNOTE 27 DOMINION CAPITAL INC!Securitizations of Financial AsSecuritizations of (1)LOANS RECEIVABLEImpairment LossesNOTE 28 OPERATING SEGMENTSCAPITALIZED COSTSTotal Costs IncurredResults of Oper (1)CompanyOwned Reserves!Standardized Measure of DiscounStandardized Measure of (1)!NOTE 30 QUARTERLY FINANCIAL AND PART IV PART IV (1) SIGNATURESSIGNATURES (1)!NonEmployee Directors146 Annual!Computation of Ratio of Earning Subsidiaries of the RegistrantSubsidiaries of the (1)U } a/} $ }  } $ } a/ ;      DOMINION ENERGY INC /VA/ 10-K 02/28/2007&Subsidiaries of the Registrant(  Dominion Nuclear North Anna, LLC  Virginia (  Dominion Nuclear North Anna, LLC Dominion Person, Inc.  Delaware  Dominion Person, Inc. Dominion Pleasants, Inc.  Virginia  Dominion Pleasants, Inc. Pleasants Energy, LLC  Delaware  Pleasants Energy, LLC, $Dominion Pleasants Services Company,  Delaware , $Dominion Pleasants Services Company, Inc. Inc.Dominion Reserves, Inc.VirginiaDominion Reserves, Inc.&Carthage Energy Services, Inc.Michigan&Carthage Energy Services, Inc.-%Dominion Appalachian Development, LLCVirginia-%Dominion Appalachian Development, LLC( Dominion Appalachian DevelopmentVirginia( Dominion Appalachian DevelopmentProperties, LLCProperties, LLC( Dominion Gas Processing MI, Inc.Virginia( Dominion Gas Processing MI, Inc.( Frederic HOF Limited PartnershipVirginia( Frederic HOF Limited Partnership%Dominion Midwest Energy, Inc.Michigan%Dominion Midwest Energy, Inc.&Dominion Reserves ? Utah, Inc. Utah&Dominion Reserves ? Utah, Inc.Dominion San Juan, Inc.VirginiaDominion San Juan, Inc.San Juan Partners, LLC TexasSan Juan Partners, LLC!Dominion State Line, Inc.Delaware!Dominion State Line, Inc.State Line Energy, LLCIndianaState Line Energy, LLCDominion Storage, Inc.VirginiaDominion Storage, Inc.&Dominion Energy Canada LimitedAlberta&Dominion Energy Canada Limited( Dominion Exploration Canada Ltd.Alberta( Dominion Exploration Canada Ltd.Domcan Boundary Corp.AlbertaDomcan Boundary Corp.Dlth\ .L| x=Xi !"#$%&'()*+,-./0123456789:(  Dominion Exploration Partnership  Alberta (  Dominion Exploration Partnership!Dominion Troy, Inc.!!Delaware!!Dominion Troy, Inc."Troy Energy, LLC""Delaware""Troy Energy, LLC,#$Dominion Troy Services Company, Inc.##Delaware#,#$Dominion Troy Services Company, Inc. $Dominion Wholesale, Inc.$$Virginia$ $Dominion Wholesale, Inc.%Niton US, Inc.%%Virginia%%Niton US, Inc.&Remington, L.L.C.&&Virginia&&Remington, L.L.C.' Domcan NS1ULC'' Nova Scotia'' Domcan NS1ULC+(#Virginia Electric and Power Company((Virginia(-(%Dominion Virginia Power (in Virginia))))))****/*'Dominion North Carolina Power (in North+++++ Carolina)',Virginia Power Capital Trust II,,Delaware,',Virginia Power Capital Trust II'-Virginia Power Fuel Corporation--Virginia-'-Virginia Power Fuel Corporation$.Virginia Power Services, LLC..Virginia.$.Virginia Power Services, LLC'/Dominion Generation Corporation//Virginia/'/Dominion Generation Corporation-0%Virginia Power Services Energy Corp.,00Virginia0-0%Virginia Power Services Energy Corp., 1Inc.111 1Inc./2'Virginia Power Nuclear Services Company22Virginia2/2'Virginia Power Nuclear Services Company3VP Property, Inc.33Virginia33VP Property, Inc.4Dominion Capital, Inc.44Virginia44Dominion Capital, Inc.-5%Virginia Power Energy Marketing, Inc.55Virginia5-5%Virginia Power Energy Marketing, Inc.67$8____________________________19)Created by Morningstar Document Research.0:(http://documentresearch.morningstar.com/:w }#O]DLNB6=PF0*8X> @::9988 Root Entry FBook  {  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=