Vectren 2008 Annual Report Download - page 67

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65
VECTREN CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED BALANCE SHEETS
(In millions)
At December 31,
2008 2007
LIABILITIES & SHAREHOLDERS' EQUITY
Current Liabilities
Accounts payable 266.1$ 187.4$
Accounts payable to affiliated companies 75.2 83.7
Refundable fuel & natural gas costs 4.1 27.2
Accrued liabilities 175.0 171.8
Short-term borrowings 519.5 557.0
Current maturities of long-term debt 0.4 0.3
Long-term debt subject to tender 80.0 -
Total current liabilities 1,120.3 1,027.4
Long-term Debt - Net of Current Maturities &
Debt Subject to Tender 1,247.9 1,245.4
Deferred Income Taxes & Other Liabilities
Deferred income taxes 353.4 318.1
Regulatory liabilities 315.1 307.2
Deferred credits & other liabilities 244.2 164.2
Total deferred credits & other liabilities 912.7 789.5
Minority Interest in Subsidiary 0.4 0.4
Commitments & Contingencies (Notes 3, 14-16)
Common Shareholders' Equity
Common stock (no par value) – issued & outstanding
81.0 and 76.3, respectively 659.1 532.7
Retained earnings 712.8 688.5
Accumulated other comprehensive income/(loss) (20.3) 12.5
Total common shareholders' equity 1,351.6 1,233.7
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 4,632.9$ 4,296.4$
The accompanying notes are an integral part of these consolidated financial statements.