Eversource 2005 Annual Report Download - page 92

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90
SELECTED CONSOLIDATED FINANCIAL DATA (UNAUDITED)
(Thousands of Dollars, except percentages and share information) 2005 2004 2003 2002 2001
Balance Sheet Data:
Property, Plant and Equipment, Net $6,417,230 $5,864,161 $ 5,429,916 $ 5,049,369 $ 4,472,977
Total Assets (a) 12,569,075 11,638,396 11,216,487 10,764,880 10,331,923
Total Capitalization (b) 5,595,405 5,293,644 4,926,587 4,670,771 4,576,858
Obligations Under Capital Leases (b) 13,987 14,806 15,938 16,803 17,539
Income Data:
Operating Revenues $7,397,390 $6,542,120 $ 5,943,514 $ 5,161,091 $ 5,692,094
(Loss)/Income from Continuing Operations (229,223) 112,995 116,434 148,529 263,453
(Loss)/Income from Discontinued Operations (23,260) 3,593 4,718 3,580 2,489
(Loss)/Income Before Cumulative Effects of Accounting Changes,
Net of Tax Benefits (252,483) 116,588 121,152 152,109 265,942
Cumulative Effects of Accounting Changes, Net of Tax Benefits (1,005) —(4,741) — (22,432)
Net (Loss)/Income $(253,488) $116,588 $ 116,411 $ 152,109 $ 243,510
Common Share Data:
Basic and Fully Diluted (Loss)/Earnings Per Common Share:
(Loss)/Income from Continuing Operations $(1.74) $0.88 $ 0.91 $ 1.15 $ 1.94
(Loss)/Income from Discontinued Operations (0.18) 0.03 0.04 0.03 0.03
Cumulative Effects of Accounting Changes, Net of Tax Benefits (0.01) —(0.04) — (0.17)
Net (Loss)/Income $(1.93) $0.91 $ 0.91 $ 1.18 $ 1.80
Basic Common Shares Outstanding (Average) 131,638,953 128,245,860 127,114,743 129,150,549 135,632,126
Fully Diluted Common Shares Outstanding (Average) 131,638,953 128,396,076 127,240,724 129,341,360 135,917,423
Dividends Per Share$0.68 $0.63 $0.58 $0.53 $ 0.45
Market Price – Closing (high) (c) $ 21.79 $ 20.10 $ 20.17 $ 20.57 $ 23.75
Market Price – Closing (low) (c) $ 17.61 $ 17.30 $ 13.38 $ 13.20 $ 16.80
Market Price – Closing (end of year) (c) $19.69 $18.85 $20.17 $15.17 $ 17.63
Book Value Per Share (end of year) $ 15.85 $ 17.80 $ 17.73 $ 17.33 $ 16.27
Tangible Book Value Per Share (end of year) $ 13.98 $ 15.17 $ 15.05 $ 14.62 $ 13.71
Rate of Return Earned on Average Common Equity (%) (10.7) 5.1 5.2 7.0 11.2
Market-to-Book Ratio (end of year) 1.2 1.1 1.1 0.9 1.1
Capitalization:
Common Shareholders’ Equity 43% 44% 46% 47% 46%
Preferred Stock (b) (d) 22 2 3 3
Long-Term Debt (b) 55 54 52 50 51
100% 100% 100% 100% 100%
(a) Total assets were not adjusted for cost of removal prior to 2002.
(b) Includes portions due within one year.
(c) Market price information reflects closing prices as reflected by the New York Stock Exchange.
(d) Excludes $100 million of Monthly Income Preferred Securities.