Eversource 2009 Annual Report Download - page 96
Download and view the complete annual report
Please find page 96 of the 2009 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.-
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 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
 |
 |
FS-13
THE CONNECTICUT LIGHT AND POWER COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
For the Years Ended December 31,
(Thousands of Dollars) 2009 2008 2007
Operating Revenues $ 3,424,538 $ 3,558,361 $ 3,681,817
Operating Expenses:
Operation -
Fuel, purchased and net interchange power 1,690,671 1,845,367 2,277,054
Other 571,024 557,565 535,750
Maintenance 117,822 130,365 108,001
Depreciation 186,922 162,636 152,005
Amortization of regulatory assets, net 45,821 164,246 20,593
Amortization of rate reduction bonds 155,938 145,590 135,929
Taxes other than income taxes 191,234 179,201 167,943
Total operating expenses 2,959,432 3,184,970 3,397,275
Operating Income 465,106 373,391 284,542
Interest Expense:
Interest on long-term debt 133,422 104,954 84,292
Interest on rate reduction bonds 19,061 29,129 37,728
Other interest 3,334 12,163 16,413
Interest expense, net 155,817 146,246 138,433
Other Income, Net 25,874 41,865 39,808
Income Before Income Tax Expense 335,163 269,010 185,917
Income Tax Expense 118,847 77,852 52,353
Net Income $ 216,316 $ 191,158 $ 133,564
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net Income $ 216,316 $ 191,158 $ 133,564
Other comprehensive income/(loss), net of tax:
Qualified cash flow hedging instruments 445 (3,348) (4,814)
Changes in unrealized gains/losses on other securities (30) (59) (5)
Other comprehensive income/(loss), net of tax 415 (3,407) (4,819)
Comprehensive Income $ 216,731 $ 187,751 $ 128,745
The accompanying notes are an integral part of these consolidated financial statements.