Kinder Morgan — Investor Day (2006)

6 slides from Kinder Morgan's investor day presentation, Mar 11, 2006

Slide 1: Appendix
KINDER’ MORGAN Appendix
Slide 2: Distribution of Quarterly Earnings
Distribution of Quarterly Earnings Q1 Q2 Q3 Q4 Year KMI Earnings (a) 2006E 29% 21% 20% 30% $5.00/sh 2005 27% 22% 24% 27% $4.45/sh 2004 27% 22% 24% 27% $3.81/sh 2003 27% 23% 23% 27% $3.33/sh 2002 26% 21% 24% 29% $2.84/sh KMP Earnings (a) 2006E 22% 25% 26% 27% $2.37/u 2005 28% 22% 25% 25% $2.37/u 2004
Slide 3: Explanation of Return Calculations
Explanation of Return Calculations Formula Notes Return on Investment = Cash Return (a) Average Total Investment (b) Return on Equity = Income Average Equity (c) __________________________ (a) G&A is deducted in calculating overall company return on investment, but is not allocated to the segments a
Slide 4: Explanation of Return Calculations
Explanation of Return Calculations Cash Return Total Investment Net Income Gross PP&E Add: Taxes (KMI) Add: Investments DD&A Intangibles Interest Expense/TRUPS Minority Interest (KMP) Less: Sustaining Cap Ex Less: Cumulative Sustaining Cap Ex G&A (Segments Only) Minority Interest (KMI) Deferred Taxe
Slide 5: GAAP Reconciliation
GAAP Reconciliation Detailed calculations reconciling the non-GAAP terms in this presentation to GAAP are available on our website at: http://www.kindermorgan.com/investor/presentations/ 5
Slide 6: Kinder Morgan
KINDER’ MORGAN