Eversource 2005 Annual Report Download - page 53

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51
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Accumulated
Capital Deferred Other
Common Shares Surplus, Contribution Retained Comprehensive Treasury
Shares Amount Paid In Plan – ESOP Earnings Income/(Loss) Stock Total
Balance as of
January 1, 2003 127,562,031 $746,879 $1,108,338 $(87,746) $765,611 $14,927 $(337,488) $2,210,521
Net income for 2003 116,411 116,411
Cash dividends on
common shares –
$0.575 per share (73,090) (73,090)
Issuance of common
shares, $5 par value 1,022,556 5,113 8,541 13,654
Allocation of benefits –
ESOP 607,020 (4,030) 14,052 10,022
Restricted shares, net (7,508) (4,110) (99) (4,209)
Repurchase of
common shares (1,638,100) (23,210) (23,210)
Issuance of treasury shares 150,000 2,772 2,772
Capital stock expenses, net 185 185
Other comprehensive income 11,064 11,064
Balance as of
December 31, 2003 127,695,999 751,992 1,108,924 (73,694) 808,932 25,991 (358,025) 2,264,120
Net income for 2004 116,588 116,588
Cash dividends on
common shares –
$0.625 per share (80,177) (80,177)
Issuance of common
shares, $5 par value 832,578 4,163 6,774 10,937
Allocation of benefits –
ESOP 567,907 (2,384) 13,147 10,763
Restricted shares, net (62,042) 1,250 (1,101) 149
Tax deduction for stock
options exercised and
Employee Stock Purchase
Plan disqualifying dispositions 1,356 1,356
Capital stock expenses, net 186 186
Other comprehensive loss (27,211) (27,211)
Balance as of
December 31, 2004 129,034,442 756,155 1,116,106 (60,547) 845,343 (1,220) (359,126) 2,296,711
Net loss for 2005 (253,488) (253,488)
Cash dividends on
common shares –
$0.675 per share(87,554) (87,554)
Issuance of common
shares, $5 par value 23,666,723 118,334 332,493 450,827
Allocation of benefits –
ESOP 590,173 (2,161) 13,663 11,502
Restricted shares, net (65,446) 5,295 (1,084) 4,211
Tax deduction for stock
options exercised and
Employee Stock Purchase
Plan disqualifying dispositions 368 368
Capital stock expenses, net (14,540) (14,540)
Other comprehensive income 21,207 21,207
Balance as of
December 31, 2005 153,225,892 $874,489 $1,437,561 $(46,884) $504,301 $19,987 $(360,210) $2,429,244
The accompanying notes arean integral partof these consolidated financial statements.
(Thousands of Dollars,
except share information)