DCP MIDSTREAM PARTNERS, LP
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2011, 2010 and 2009 — (Continued)
20. Quarterly Financial Data (Unaudited)
Our consolidated results of operations by quarter for the years ended December 31, 2011 and 2010 were as
follows (millions, except per unit amounts):
2011
First Second Third Fourth
Year Ended
December 31,
2011
Total operating revenues . . . . . . . . . . . . . . . $425.1 $374.2 $383.3 $387.2 $1,569.8
Operating (loss) income . . . . . . . . . . . . . . . . $ (2.8) $ 49.6 $ 64.7 $ 5.3 $ 116.8
Net (loss) income . . . . . . . . . . . . . . . . . . . . . $ (2.4) $ 51.2 $ 65.9 $ 4.5 $ 119.2
Net (income) loss attributable to
noncontrolling interests . . . . . . . . . . . . . . $ (3.5) $ (9.7) $ 0.4 $ (6.0) $ (18.8)
Net (loss) income attributable to partners . . $ (5.9) $ 41.5 $ 66.3 $ (1.5) $ 100.4
Limited partners’ interest in net (loss)
income . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (11.4) $ 35.3 $ 59.5 $ (8.2) $ 75.2
Basic net (loss) income per limited partner
unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.28) $ 0.80 $ 1.35 $ (0.19) $ 1.73
2010
First Second Third Fourth
Year Ended
December 31,
2010
Total operating revenues . . . . . . . . . . . . . . . $403.7 $277.5 $239.9 $348.4 $1,269.5
Operating income . . . . . . . . . . . . . . . . . . . . . $ 25.5 $ 27.8 $ 2.7 $ 6.8 $ 62.8
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . $ 32.4 $ 26.8 $ 3.3 $ 9.1 $ 71.6
Net income attributable to noncontrolling
interests . . . . . . . . . . . . . . . . . . . . . . . . . . $ (0.1) $ (1.0) $ (3.3) $ (4.8) $ (9.2)
Net income attributable to partners . . . . . . . $ 32.3 $ 25.8 $ — $ 4.3 $ 62.4
Limited partners’ interest in net income
(loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22.0 $ 21.8 $ (8.2) $ (4.5) $ 31.1
Basic net income (loss) per limited partner
unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.64 $ 0.63 $ (0.23) $ (0.12) $ 0.86
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