Vectren 2008 Annual Report Download - page 70

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68
VECTREN CORPORATION AND SUBSIDIARY COMPANIES
CONSOLIDATED STATEMENTS OF COMMON SHAREHOLDERS' EQUITY
(In millions, except per share amounts)
Accumulated
Common Stock Other
Retained Comprehensive
Shares Amount Earnings Income (Loss) Total
76.0 528.1$ 628.8$ (13.6)$ 1,143.3$
Comprehensive income:
Net income 108.8 108.8
Minimum pension liability adjustments &
other - net of $5.4 million in tax 7.9 7.9
Cash flow hedge
unrealized gains(losses) - net of $1.7 million in tax (2.6) (2.6)
reclassifications to net income- net of $0.7 million in tax (1.0) (1.0)
Comprehensive income of unconsolidated
affiliates - net of $4.3 million in tax 6.4 6.4
Total comprehensive income 119.5
Adoption of SFAS 158 - net of $5.2 million in tax 8.0 8.0
Common stock: Dividends ($1.23 per share) (93.1) (93.1)
Adoption of SFAS 123R (4.1) (4.1)
Other 0.1 1.5 (0.9) 0.6
76.1 525.5 643.6 5.1 1,174.2
Comprehensive income:
Net income 143.1 143.1
SFAS 158 funded status adjustment - net of $0.5 million in tax 0.7 0.7
Cash flow hedges:
unrealized gains(losses) - net of $0.3 million in tax 0.9 0.9
reclassifications to net income- net of $0.3 million in tax (1.0) (1.0)
Comprehensive income of unconsolidated
affiliates - net of $4.2 million in tax 6.8 6.8
Total comprehensive income 150.5
Adoption of FIN 48 (0.1) (0.1)
Common stock:
Issuance: option exercises & dividend reinvestment plan 0.2 5.2 5.2
Dividends ($1.27 per share) (96.4) (96.4)
Other 2.0 (1.7) 0.3
76.3 532.7 688.5 12.5 1,233.7
Comprehensive income:
Net income 129.0 129.0
SFAS 158 funded status adjustment - net of $1.7 million in tax (2.4) (2.4)
Cash flow hedges
reclassifications to net income- net of $0.2 million in tax (0.2) (0.2)
Comprehensive income of unconsolidated
affiliates - net of $20.0 million in tax (30.2) (30.2)
Total comprehensive income 96.2
SFAS 158 measurement date adjustment- net of $1.1 million in tax (1.6) (1.6)
Common stock:
Issuance: settlement of equity forward 4.6 124.9 124.9
Issuance: option exercises & dividend reinvestment plan 0.1 1.2 1.2
Dividends ($1.31 per share) (102.6) (102.6)
Other - 0.3 (0.5) (0.2)
81.0 659.1$ 712.8$ (20.3)$ 1,351.6$ Balance at December 31, 2008
Balance at December 31, 2007
Balance at January 1, 2006
Balance at December 31, 2006
The accompanying notes are an integral part of these consolidated financial statements.