National Grid 2008 Annual Report Download - page 296
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 |
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 14267
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: (212)924-5500Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 90
Description: EXH 2(B).6.1
0/2694.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/694/2*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 14267
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: (212)924-5500Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 90
Description: EXH 2(B).6.1
0/2694.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/694/2*
NATIONAL GRID USA AND SUBSIDIARY COMPANIES
Consolidated Balance Sheets
(In thousands of dollars)
The accompanying notes are an integral part of these consolidated financial statements.
F-5
March 31,
2007 2006
ASSETS
Utilit
y
p
lant, at ori
g
inal cost:
Electric plant $ 11,518,971 $ 10,921,706
Gas
p
lant 2,145,412 1,568,845
Common plant 358,124 382,167
Construction work-in-process 259,825 339,644
Total utilit
y
p
lant 14,282,332 13,212,362
Less: accumulated depreciation and amortization (4,593,150) (4,238,319)
Net utility plant 9,689,182 8,974,043
Goodwill 3,338,791 3,076,752
Pension intan
g
ible — 36,885
Other property and investments 316,252 321,273
Current assets:
Cash and cash equivalents 281,895 213,954
Restricted cash 63,051 80,265
Accounts receivable (less reserves of $165,242 and $149,492,
respectively, including $10,388 and $11,571 from affiliates, respectively) 1,417,657 1,325,945
Materials and su
pp
lies, at avera
g
e cost:
Gas storage 20,906 23,576
Other 59,686 48,363
Current portion of accumulated deferred income taxes 176,208 195,476
Current
p
ortion of re
g
ulator
y
assets 303,973 393,213
Assets of discontinued operations 305,120 252,964
Other 169,701 108,802
Total current assets 2,798,197 2,642,558
Other non-current assets:
Regulatory assets 5,101,370 5,264,789
Pre
p
aid em
p
lo
y
ee
p
ension benefits — 360,183
Other 67,764 49,967
Total non-current assets 5,169,134 5,674,939
Total assets $ 21,311,556 $ 20,726,450