Eversource 2005 Annual Report Download - page 4

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Atotal shareholder return of more than 8 percent,
afigure that compares well with many of our peers that
areprimarily transmission and distribution companies
Asolid dividend yield and fifth consecutive year of
dividend growth at a rate outpacing the industry average
Successful sale of 23 million common shares,
netting $425 million of cash to invest in our regulated
businesses and strengthen our financial position
Significant progress in our transmission construction
program, one of the largest and broadest in the country
Continued, on-track execution of major distribution
and regulated generation construction projects —
approved by regulators, on schedule and on budget
Delivering much-needed mutual aid and electric and
natural gas service restoration to Florida and Mississippi
communities after major hurricanes battered the Gulf Coast
Charles W. Shivery Chairman, President and CEO
2
TO OUR SHAREHOLDERS, EMPLOYEES, CUSTOMERS AND BUSINESS PARTNERS
NU is the Leader in New England’s Transmission Infrastructure Upgrade
NU
55%
ISO-New England has identified 272 transmission
projects in its Regional System Plan
NU’s projects comprise over half of the
projected capital expenditures in the plan
In 2005, we began the transformation of Northeast Utilities. During the year, we made the key strategic decision to
exit all of our competitive businesses and focus exclusively on our regulated companies. We believe this transition to
aregulated business focus will create a more simplified business model, lower our risk profile, improve our financial
flexibility and enhance earnings predictability.
Among the many accomplishments of 2005, we are proud to have achieved:
Transforming Our Focus