Eversource 2009 Annual Report Download - page 170

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16. Common Shares (NU, CL&P, PSNH, WMECO)
The following table provides the NU common shares and the CL&P, PSNH and WMECO common stock authorized, issued and related
par values as of December 31, 2009 and 2008:
Shares
Authorized Issued
Par Value 2009 and 2008 2009 2008
NU $ 5 225,000,000 195,455,214 176,212,275
CL&P $ 10 24,500,000 6,035,205 6,035,205
PSNH $ 1 100,000,000 301 301
WMECO $ 25 1,072,471 434,653 434,653
On March 20, 2009, NU issued approximately 19 million common shares. As of December 31, 2009 and 2008, there were 19,708,136
treasury shares held by NU.
17. Segment Information (All Companies)
Presentation: NU is organized between the regulated companies' segments and NU Enterprises based on a combination of factors,
including the characteristics of each business' products and services, the sources of operating revenues and expenses and the
regulatory environment in which each segment operates. Cash flows for total investments in plant included in the segment information
below are cash capital expenditures that do not include amounts incurred but not paid, cost of removal, AFUDC related to equity funds,
and the capitalized portions of pension and PBOP expense or income.
The regulated companies' segments, including the electric distribution and transmission segments, as well as the gas distribution
segment (Yankee Gas), represented approximately 99 percent of NU's total consolidated revenues for each of the years ended
December 31, 2009, 2008 and 2007. PSNH's distribution segment includes generation activities.
NU Enterprises is comprised of the following: 1) Select Energy (wholesale contracts), 2) Boulos, 3) NGS, 4) NGS Mechanical, 5) SECI,
and 6) NU Enterprises parent. As a result of the sale of NU Enterprises' retail marketing and competitive generation businesses, the
financial information used by management was reduced to the remaining wholesale contracts, the operations of the remaining electrical
contracting business and NU Enterprises parent. The remaining operations of NU Enterprises have been aggregated and presented as
one business for the years ended December 31, 2009, 2008 and 2007.
Other in the tables below primarily consists of 1) the results of NU parent, which includes other income related to the equity in earnings
of NU parent's subsidiaries and interest income from the NU Money Pool, which are both eliminated in consolidation, and interest
income and expense related to the cash and debt of NU parent, respectively, 2) the revenues and expenses of NU's service companies,
most of which are eliminated in consolidation, and 3) the results of other subsidiaries, which are comprised of RRR (a real estate
subsidiary), the results of the non-energy-related subsidiaries of Yankee (Yankee Energy Services Company and Yankee Energy
Financial Services Company), and the remaining operations of HWP that were not exited as part of the sale of the competitive
generation business in 2006 and the sale of its transmission business to WMECO in December 2008.
NU's consolidated statement of income for the year ended December 31, 2007 presents the operations for NGC, including certain
components of NGS, Mt. Tom, SESI, a portion of the former Woods Electrical and SECI as discontinued operations. For further
information and information regarding the exit from these businesses, see Note 1B, "Summary of Significant Accounting Policies -
Presentation," to the consolidated financial statements.
Regulated companies' revenues from the sale of electricity and natural gas primarily are derived from residential, commercial and
industrial customers and are not dependent on any single customer.