OG&E 2009 Annual Report Download - page 65

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OKLAHOMA GAS AND ELECTRIC COMPANY
STATEMENTS OF CHANGES IN STOCKHOLDER’S EQUITY
Accumulated
Premium Other
Common on Capital Retained Comprehensive
(In millions) Stock Stock Earnings Income (Loss) Total
Balance at December 31, 2006 $ 100.9 $ 564.5$ 656.0 $ 0.6 $ 1,322.0
Comprehensive income (loss)
Net income for 2007 --- --- 161.7 --- 161.7
Other comprehensive loss, net of tax
Deferred hedging losses, net of tax (($0.9) pre-tax) --- --- --- (0.6) (0.6)
Other comprehensive loss --- --- --- (0.6) (0.6)
Comprehensive income (loss) --- --- 161.7 (0.6) 161.1
Dividends declared on common stock --- --- (56.0) --- (56.0)
Adoption of new accounting principle (($6.2) pre-tax) (A) --- --- (3.8) --- (3.8)
Balance at December 31, 2007 $ 100.9 $ 564.5$ 757.9 $ --- $ 1,423.3
Comprehensive income
Net income for 2008 --- --- 143.0 --- 143.0
Comprehensive income --- --- 143.0 --- 143.0
Dividends declared on common stock --- --- (35.0) --- (35.0)
Capital contribution from OGE Energy --- 293.0 --- --- 293.0
Balance at December 31, 2008 $ 100.9 $ 857.5$ 865.9 $ --- $ 1,824.3
Comprehensive income
Net income for 2009 --- --- 200.4 --- 200.4
Other comprehensive loss, net of tax
Deferred hedging losses, net of tax (($0.7) pre-tax) --- --- --- (0.4) (0.4)
Other comprehensive loss --- --- --- (0.4) (0.4)
Comprehensive income (loss) --- --- 200.4 (0.4) 200.0
Balance at December 31, 2009 $ 100.9 $ 857.5$ 1,066.3 $ (0.4) $ 2,024.3
(A) The Company recognized a cumulative effect adjustment for its uncertain tax positions on January 1
2007 related to the adoption of a new accounting principle.
The accompanying Notes to Financial Statements are an integral part hereof.
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