EQM Midstream Partners, LP Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015
Operating revenues
Operating expenses:
Operating and maintenance
Selling, general and administrative
Separation and other transaction costs
Depreciation
Amortization of intangible assets
Impairment of goodwill
Impairments of long-lived assets
Total operating expenses
Operating income
Equity income
Other income
Net interest expense
Income before income taxes
Income tax expense
Net income
Net (loss) income attributable to noncontrolling interests
Net income attributable to EQM
Less pre-acquisition income allocated to parent
Less general partner interest in net income - general partner units
Less general partner interest in net income - incentive distribution rights
Less: holders of Series A Preferred Units interest in net income
Less pre-acquisition net income allocated to EQT
Less general partner interest in net income - general partner units
Less general partner interest in net income - IDRs
Limited partners' (common unitholders) interest in net income
Net income per limited common partner unit - basic (in USD per share)
Net income per limited common partner unit - diluted (in USD per share)
Weighted average limited partner common units outstanding – basic (in shares)
Weighted average limited partner common units outstanding – diluted (in shares)

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