National Grid 2006 Annual Report Download - page 33

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The accompanying notes are an integral part of these consolidated financial statements.
33
National Grid USA / Annual Report
2006 2005
ASSETS
Utility plant, at original cost:
Electric plant 10,921,706$ $
Gas plant 1,568,845 1,517,804
Common plant 382,167 378,418
Construction work-in-process 339,644 175,879
Total utility plant 13,212,362 12,603,521
Less: accumulated depreciation and amortization (4,238,319) (3,972,348)
Net utility plant 8,974,043 8,631,173
Goodwill, net of amortization 3,204,970 3,237,049
Pension intangible 36,885 54,888
Other property and investments 425,681 412,637
Current assets:
Cash and cash equivalents 216,132 354,578
Restricted cash 80,265 15,288
Accounts receivable (less reserves of $149,492 and 1,336,661 1,117,729
associated companies of $11,571 and $6,806, respectively)
Materials and supplies, at average cost:
Gas storage 23,576 3,498
Other 48,788 42,602
Current portion of accumulated deferred income taxes 197,209 340,837
Current portion of regulatory assets 393,213 361,158
Other 66,202 88,455
Total current assets 2,362,046 2,324,145
Other non-current assets:
Regulatory assets 5,264,789 5,981,172
Prepaid employee pension benefits 360,183 -
Other 53,094 70,875
Total non-current assets 5,678,066 6,052,047
Total assets 20,681,691$ 20,711,939$
March 31,
NATIONAL GRID USA AND SUBSIDIARY COMPANIES
Consolidated Balance Sheets
(In thousands of dollars)
10,531,420