Eversource 2005 Annual Report Download - page 89

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87
For the Year Ended December 31, 2004
Utility Group
Distribution NU
(Millions of Dollars) Electric Gas Transmission Enterprises Other Eliminations Total
Operating revenues $ 4,040.0 $ 407.8 $140.7 $ 2,709.7 $ 289.6 $(1,045.7) $ 6,542.1
Depreciation and amortization (458.5) (26.2) (21.6) (18.4) (16.4) 13.8 (527.3)
Other operating expenses (3,273.0) (347.5) (68.5) (2,677.8) (284.5) 1,038.7 (5,612.6)
Operating income/(loss) 308.5 34.1 50.6 13.5 (11.3) 6.8 402.2
Interest expense, net of AFUDC (159.1) (16.6) (12.3) (44.5) (26.3) 11.3 (247.5)
Interest income 4.8 0.1 0.3 2.1 17.0 (13.0) 11.3
Other income/(loss), net 20.2 (0.5) (0.2) (5.1) 85.5 (96.6) 3.3
Income tax (expense)/benefit (56.8) (3.0) (8.9) 15.3 15.3 (12.6) (50.7)
Preferred dividends (5.6) — — — — — (5.6)
Income/(loss) from continuing operations 112.0 14.1 29.5 (18.7) 80.2 (104.1) 113.0
Income from discontinued operations — — — 3.6 — — 3.6
Net income/(loss) $ 112.0 $ 14.1 $ 29.5 $ (15.1) $ 80.2 $ (104.1) $ 116.6
Total assets (1) $8,393.3 $1,147.9 $ — $ 2,176.2 $4,313.1 $(4,392.1) $11,638.4
Cash flows for total investments in plant $ 408.7 $ 59.5 $172.3 $ 17.6 $ 13.4 $ — $ 671.5
(1) Information for segmenting total assets between electric distribution and transmission is not available at December 31, 2005 or December 31, 2004.
On a NU consolidated basis, these distribution and transmission assets are disclosed in the electric distribution columns above.
For the Year Ended December 31, 2003
Utility Group
Distribution NU
(Millions of Dollars) Electric Gas Transmission Enterprises Other Eliminations Total
Operating revenues $ 3,865.8 $ 361.5 $117.9 $ 2,450.0 $ 257.9 $(1,109.6) $ 5,943.5
Depreciation and amortization (483.8) (23.4) (18.7) (18.8) (14.2) 10.4 (548.5)
Other operating expenses (3,079.4) (312.7) (51.9) (2,395.2) (238.2) 1,088.5 (4,988.9)
Operating income/(loss) 302.6 25.4 47.3 36.0 5.5 (10.7) 406.1
Interest expense, net of AFUDC (166.2) (13.1) (3.5) (43.1) (23.5) 8.8 (240.6)
Interest income 3.8 — 0.1 1.2 9.4 (9.5) 5.0
Other income/(loss), net 7.2 (1.4) (0.9) (3.3) 100.2 (102.7) (0.9)
Income tax (expense)/benefit (44.8) (3.6) (14.8) 1.1 14.6 (0.1) (47.6)
Preferred dividends (5.6) — — — — — (5.6)
Income/(loss) from continuing operations 97.0 7.3 28.2 (8.1) 106.2 (114.2) 116.4
Income from discontinued operations — — — 4.7 — — 4.7
Income/(loss) beforecumulative
effect of accounting change 97.0 7.3 28.2 (3.4) 106.2 (114.2) 121.1
Cumulative effect of accounting
change, net of tax benefit — — — — (4.7) — (4.7)
Net income/(loss) $ 97.0 $ 7.3 $ 28.2 $ (3.4) $ 101.5 $ (114.2) $ 116.4
Cash flows for total
investments in plant $ 361.2 $ 49.7 $ 95.3 $ 18.7 $ 33.2 $ — $ 558.1