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30
Item 6. Selected Consolidated Financial Data
NU Selected Consolidated Financial Data (Unaudited)
(Thousands of Dollars, except percentages and common
share information)
2013
2012
(a)
2011
2010
2009
Balance Sheet Data:
Property, Plant and Equipment, Net
$
17,576,186
$
16,605,010
$
10,403,065
$
9,567,726
$
8,839,965
Total Assets
27,795,537
28,302,824
15,647,066
14,472,601
14,057,679
Total Capitalization (b) (c)
18,077,274
17,356,112
9,078,321
8,627,985
8,253,323
Obligations Under Capital Leases (b)
10,744
11,071
12,358
12,236
12,873
Income Statement Data:
Operating Revenues
$
7,301,204
$
6,273,787
$
4,465,657
$
4,898,167
$
5,439,430
Net Income
793,689
533,077
400,513
394,107
335,592
Net Income Attributable to Noncontrolling Interests
7,682
7,132
5,820
6,158
5,559
Net Income Attributable to Controlling Interest
$
786,007
$
525,945
$
394,693
$
387,949
$
330,033
Common Share Data:
Basic Earnings Per Common Share:
Net Income Attributable to Controlling Interests
$
2.49
$
1.90
$
2.22
$
2.20
$
1.91
Diluted Earnings Per Common Share:
Net Income Attributable to Controlling Interest
$
2.49
$
1.89
$
2.22
$
2.19
$
1.91
Weighted Average Common Shares Outstanding
Basic
315,311,387
277,209,819
177,410,167
176,636,086
172,567,928
Diluted
316,211,160
277,993,631
177,804,568
176,885,387
172,717,246
Dividends Declared Per Share
$
1.47
$
1.32
$
1.10
$
1.03
$
0.95
Market Price - Closing (high) (d)
$
45.33
$
40.57
$
36.31
$
32.05
$
26.33
Market Price - Closing (low) (d)
$
38.67
$
33.53
$
30.46
$
24.78
$
19.45
Market Price - Closing (end of year) (d)
$
42.39
$
39.08
$
36.07
$
31.88
$
25.79
Book Value Per Share (end of year)
$
30.49
$
29.41
$
22.65
$
21.60
$
20.37
Tangible Book Value Per Share (end of year) (e)
$
19.32
$
18.21
$
21.03
$
19.97
$
18.74
Rate of Return Earned on Average Common Equity (%) (f)
8.3
7.9
10.1
10.7
10.2
Market-to-Book Ratio (end of year) (g)
1.4
1.3
1.6
1.5
1.3
Capitalization:
Total Equity
53
%
53
%
44
%
44
%
44
%
Preferred Stock, not subject to mandatory redemption
1
1
1
1
1
Long-Term Debt (b) (c)
46
46
55
55
55
100
%
100
%
100
%
100
%
100
%
(a)
The 2012 results include the operations of NSTAR beginning April 10, 2012.
(b)
Includes portions due within one year.
(c)
Excludes RRBs.
(d)
Market price information reflects closing prices as reflected by the New York Stock Exchange.
(e)
Common Shareholder's Equity adjusted for goodwill and intangibles divided by total common shares outstanding.
(f)
Net Income Attributable to Controlling Interest divided by average Common Shareholders' Equity.
(g)
The closing market price divided by the book value per share.
CL&P Selected Financial Data (Unaudited)
(Thousands of Dollars)
2013
2012
2011
2010
2009
Operating Revenues
$
2,442,341
$
2,407,449
$
2,548,387
$
2,999,102
$
3,424,538
Net Income
279,412
209,725
250,164
244,143
216,316
Cash Dividends on Common Stock
151,999
100,486
243,218
217,691
113,848
Property, Plant and Equipment, Net
6,451,259
6,152,959
5,827,384
5,586,504
5,340,561
Total Assets
8,980,502
9,142,088
8,791,396
8,255,192
8,364,564
Rate Reduction Bonds
-
-
-
-
195,587
Long-Term Debt (a) (b)
2,741,208
2,862,790
2,583,753
2,583,102
2,582,361
Preferred Stock Not Subject to Mandatory Redemption
116,200
116,200
116,200
116,200
116,200
Obligations Under Capital Leases (a)
9,309
9,960
10,715
10,613
10,956
(a)
Includes portions due within one year.
(b)
Excludes RRBs.
See the Combined Notes to Consolidated Financial Statements in this Annual Report on Form 10-K for a description of any accounting changes materially affecting
the comparability of the information reflected in the tables above.