Xcel Energy 2001 Annual Report Download - page 3

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XCEL ENERGY INC. AND SUBSIDIARIES 1
XCEL ENERGY INC.
Xcel Energy Inc. is the fourth-largest combination natural gas and electric utility in the nation, with annual revenues
of $15 billion. Based in Minneapolis, Minn., Xcel Energy operates in 12 Western and Midwestern states. The company
provides a comprehensive portfolio of energy-related products and services to 3.2 million electricity customers and
1.7 million natural gas customers.
NRG ENERGY, INC. (NRG)
Xcel Energy’s primary nonregulated subsidiary, NRG Energy, Inc., is one of the world’s leading competitive energy
providers. NRG specializes in the development, operation, maintenance and ownership of power production and
cogeneration facilities, thermal energy production and transmission facilities and resource recovery facilities. The company
has a portfolio of projects in the United States, Europe, Asia-Pacific and Latin America.
Year Ended December 31
2001 2000 %Change
Earnings per common share – diluted before
unusual and extraordinary items $ 2.31 $ 2.12 8.96%
Unusual items $ (0.04) $ (0.52)
Extraordinary items $ 0.03 $ (0.06)
Earnings per common share – diluted $ 2.30 $ 1.54 49.35%
Dividends annualized $ 1.50 $ 1.50 –
Stock price (close) $27.74 $29.06 (4.54)%
Return on average common equity 13.5% 9.6%
Assets (millions) $28,735 $21.769 31.92%
Book value per common share $17.91 $16.32 10.17%
Some of the sections in this annual report, including the Letter to Shareholders on page 2, contain forward-looking statements.
For a discussion of factors that could affect operating results, please see the Financial Review on page 18.
FINANCIAL HIGHLIGHTS