Eversource 2002 Annual Report Download - page 63

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For the Year Ended December 31, 2002
Regulated Utilities Competitive
Energy Eliminations
(Millions of Dollars) Electric Gas Subsidiaries And Other Total
Operating revenues $3,778.1 $293.3 $1,669.8 $(524.9) $ 5,216.3
Depreciation and amortization (618.9) (24.1) (22.0) (2.2) (667.2)
Other operating expenses (2,679.8) (229.3) (1,684.5) 511.2 (4,082.4)
Operating income/(loss) 479.4 39.9 (36.7) (15.9) 466.7
Other income/(loss), net 42.1 (0.8) (2.0) 4.5 43.8
Interest expense, net (187.2) (14.2) (43.9) (25.2) (270.5)
Income tax (expense)/benefit (121.7) (7.3) 28.5 18.2 (82.3)
Preferred dividends (5.6) — — — (5.6)
Net income/(loss) $207.0 $ 17.6 $ (54.1) $ (18.4) $ 152.1
Total assets $7,549.0 $963.0 $1,973.2 $(217.6) $10,267.6
Total investments in plant $380.6 $ 70.6 $ 23.2 $ 18.1 $ 492.5
For the Year Ended December 31, 2001
Regulated Utilities Competitive
Energy Eliminations
(Millions of Dollars) Electric Gas Subsidiaries And Other Total
Operating revenues $4,282.7 $378.0 $2,074.8 $ (767.3) $ 5,968.2
Depreciation and amortization (1,619.3) (33.3) (10.4) 478.9 (1,184.1)
Other operating expenses (2,171.9) (294.6) (2,019.5) 241.0 (4,245.0)
Operating income/(loss) 491.5 50.1 44.9 (47.4) 539.1
Other income, net 72.8 4.1 5.8 104.9 187.6
Interest expense, net (199.3) (14.0) (42.9) (23.4) (279.6)
Income tax expense (154.3) (14.3) (2.8) (2.5) (173.9)
Preferred dividends (7.3) — — — (7.3)
Income before cumulative effect
of accounting change 203.4 25.9 5.0 31.6 265.9
Cumulative effect of accounting change,
net of tax benefit — — (22.0) (0.4) (22.4)
Net income/(loss) $ 203.4 $ 25.9 $ (17.0) $ 31.2 $ 243.5
Total assets $8,730.3 $890.0 $1,728.0 $(1,016.4) $ 10,331.9
Total investments in plant $ 380.6 $ 47.8 $ 15.4 $ 14.2 $ 458.0
For the Year Ended December 31, 2000
Regulated Utilities Competitive
Energy Eliminations
(Millions of Dollars) Electric Gas Subsidiaries And Other Total
Operating revenues $4,738.5 $251.2 $1,894.9 $(1,008.0) $ 5,876.6
Depreciation and amortization (483.5) (21.7) (8.4) (3.0) (516.6)
Other operating expenses (3,594.6) (202.5) (1,821.6) 953.5 (4,665.2)
Operating income/(loss) 660.4 27.0 64.9 (57.5) 694.8
Other (loss)/income, net (11.6) (7.1) (4.7) 9.1 (14.3)
Interest expense, net (191.9) (12.2) (53.4) (41.8) (299.3)
Income tax (expense)/benefit (173.4) (6.5) (0.1) 18.3 (161.7)
Preferred dividends (14.2) — — — (14.2)
Income/(loss) before extraordinary loss 269.3 1.2 6.7 (71.9) 205.3
Extraordinary loss, net of tax benefit (214.2) — (19.7) — (233.9)
Net income/(loss) $ 55.1 $ 1.2 $ (13.0) $ (71.9) $ (28.6)
Total assets $9,620.0 $912.6 $ 684.1 $ (999.6) $ 10,217.1
Total investments in plant $ 373.5 $ 21.6 $ 7.1 $ 11.8 $ 414.0
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