Eversource 2005 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2005 Eversource annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

53
CONSOLIDATED STATEMENTS OF CAPITALIZATION
At December 31,
(Thousands of Dollars) 2005 2004
Common Shareholders’ Equity $2,429,244 $2,296,711
Preferred Stock:
CL&P Preferred Stock Not Subject to Mandatory Redemption –
$50 par value – authorized 9,000,000 shares in 2005 and 2004;
2,324,000 shares outstanding in 2005 and 2004;
Dividend rates of $1.90 to $3.28;
Current redemption prices of $50.50 to $54.00 116,200 116,200
Long-Term Debt:
First Mortgage Bonds:
Final Maturity Interest Rates
2005 5.00% to 6.75% —57,500
2009–2012 6.20% to 7.19% 80,000 80,000
2014–2015 4.80% to 5.25% 375,000 275,000
2019–2024 5.26% to 8.48% 209,845 209,845
2026–2035 5.35% to 8.81% 650,000 450,000
Total First Mortgage Bonds 1,314,845 1,072,345
Other Long-Term Debt:
Pollution Control Notes:
2016–2018 5.90% 25,400 25,400
2021–2022 Variable Rate and 5.45% to 6.00% 428,285 428,285
2028 5.85% to 5.95% 369,300 369,300
2031 3.35% until 2008 62,000 62,000
Other:
2005–2008 3.30% to 8.81% 173,263 200,795
2012–2015 5.00% to 9.24% 368,000 328,694
2018–2026 6.00% to 7.69% —88,262
2034 5.90% 50,000 50,000
Total Pollution Control Notes and Other 1,476,248 1,552,736
Total First Mortgage Bonds, Pollution Control Notes and Other 2,791,093 2,625,081
Fees and interest due for spent nuclear fuel disposal costs 268,008 259,707
Change in Fair Value (5,211) 91
Unamortized premium and discount, net (3,929) (4,146)
Total Long-TermDebt 3,049,961 2,880,733
Less: Amounts due within one year 22,673 90,759
Long-Term Debt, Net 3,027,288 2,789,974
Total Capitalization $5,572,732 $5,202,885
The accompanying notes are an integral part of these consolidated financial statements.