Dominion Midstream Partners, LP

Schedule A - Selected Financial Data*

(Unaudited)

Three Months Ended

March 31,

2016

2015

(millions)

Adjusted EBITDA

$          24.9

$        11.8

Adjustments to cash¹:

Plus: Deferred revenue

2.0

-

Less: Amortization of regulatory liability

(0.7)

-

Less: Maintenance capital expenditures

(5.5)

-

Less: Interest expense and AFUDC equity

(0.5)

-

Plus: Non-cash director compensation

0.1

0.1

Distributable Cash Flow

$          20.3

$        11.9

Distributions:

Incentive distribution rights

0.4

-

Common unitholders²

10.3

5.6

Subordinated unitholder

7.1

5.6

Total distributions

$          17.8

$        11.2

Coverage Ratio

1.14x

1.06x

¹ Beginning in the first quarter of 2016, distributable cash flow no longer reflects an adjustment for the timing difference between cash paid for property taxes and the amount recognized into expense. All prior periods presented have been recalculated to reflect a consistent approach. There was no change to the amount presented as distributable cash flow for the quarter ended March 31, 2015.

² Distributions declared to common units are based on outstanding units at March 31, 2015, and exclude $0.9 million of distributions that were paid on 5,112,139 common units issued to Dominion on April 1, 2015,  in connection with the DCG Acquisition.

* The notes contained in Dominion Midstream's most recent quarterly report on Form 10-Q or annual report on Form 10-K are an integral part of the Consolidated Financial Statements.

See schedules C and D for reconciliations of non-GAAP measures.

Dominion Midstream Partners, LP

Schedule B - Consolidated Statements of Income*

(Unaudited)

 March 31, 

2016

2015

(millions, except per unit data)

Operating Revenue

$  83.0

$  78.4

Operating Expenses

Purchased gas

0.9

3.9

Other operations and maintenance

20.0

13.3

Depreciation and amortization

10.0

10.6

Other taxes

7.3

5.9

38.2

33.7

44.8

44.7

Earnings from equity method investee

6.4

-

Other income

0.5

0.2

Interest and related charges (benefit)

(0.1)

-

Income from operations including noncontrolling interest before income taxes

51.8

44.9

Income tax expense

-

2.1

Net income including noncontrolling interest and DCG Predecessor

$  51.8

$  42.8

Less: Net income attributable to DCG Predecessor ¹

-

2.3

Net income including noncontrolling interest

51.8

40.5

Less: Net income attributable to noncontrolling interest

28.7

28.7

Net income attributable to partners

$  23.1

$  11.8

Net income attributable to partners' ownership interest

  General partner's interest in net income

$    0.4

$      -

  Common unitholders' interest in net income

13.4

5.9

  Subordinated unitholder's interest in net income

9.3

5.9

Net income per limited partner unit (basic and diluted)

  Common Units

$0.29

$0.19

  Subordinated Units 

$0.29

$0.19

¹ Represents amounts for the period from January 31, 2015 through March 31, 2015.

* The notes contained in Dominion Midstream's most recent quarterly report on Form 10-Q or annual report  on Form 10-K are an integral part of the Consolidated Financial Statements.

Dominion Midstream Partners, LP

Schedule C - Reconciliation of EBITDA and Adjusted EBITDA to Net Income*

(Unaudited)

The following table presents a reconciliation of EBITDA and Adjusted EBITDA to the most directly comparable GAAP financial measure for each period.  

Three Months Ended

March 31,

2016

2015

(millions)

Net income including noncontrolling interest and DCG Predecessor

$          51.8

$   42.8

Add:

Depreciation and amortization

10.0

10.6

Interest and related charges (benefit)

(0.1)

-

Income tax expense

-

2.1

EBITDA

$          61.7

$   55.5

Distributions from equity method investee

5.8

-

Less:

Earnings from equity method investee

6.4

-

EBITDA attributable to DCG Predecessor ¹

-

5.7

EBITDA attributable to noncontrolling interest

36.2

38.0

Adjusted EBITDA

$          24.9

$   11.8

¹ Represents amounts for the period from January 31, 2015 through March 31, 2015.

* The notes contained in Dominion Midstream's most recent quarterly report on Form 10-Q or annual report on Form 10-K are an integral part of the Consolidated Financial Statements.

¹ Represents amounts for the period from January 31, 2015 through March 31, 2015.

² Beginning in the first quarter of 2016, distributable cash flow no longer reflects an adjustment for the timing difference between cash paid for property taxes and the amount recognized into expense. All prior periods presented have been recalculated to reflect a consistent approach. There was no change to the amount presented as distributable cash flow for the quarter ended March 31, 2015.

* The notes contained in Dominion Midstream's most recent quarterly report on Form 10-Q or  annual report on Form 10-K are an integral part of the Consolidated Financial Statements.