Xcel Energy 2010 Annual Report Download - page 2

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On the cover: Xcel Energy’s Landon Doll (left), journeyman lineman, and Lane Grindheim, journeyman lineman,
work on a Minnesota transmission line.
COMPANY DESCRIPTION
Xcel Energy is a major U.S. electric and natural gas company, with
annual revenues of $10.3 billion. Based in Minneapolis, Minn., Xcel Energy
operates in eight states. The company provides a comprehensive portfolio
of energy-related products and services to 3.4 million electricity customers
and 1.9 million natural gas customers.
Some of the sections in this
annual report, including the letter
to shareholders on page 1, contain
forward-looking statements. For
a discussion of factors that could
affect operating results, please
see the management’s discussion
and analysis listed in the table of
contents of the Form 10-K.
XCEL ENERGY EARNINGS PER SHARE
Dollars per share (diluted)
FINANCIAL HIGHLIGHTS
2010 2009
Ongoing earnings per share 1.62 1.50
Total GAAP earnings per share 1.62 1.48
Dividends annualized 1.01 0.98
Stock price (close) 23.55 21.22
Assets (millions) 27,388 25,306
Book value per common share 16.76 15.92
Ongoing earnings per share*
GAAP (generally accepted accounting principles) earnings per share
* A reconciliation to GAAP earnings per share is located in Item 7 of the Form 10-K.
2008 2009 2010
1.45 1.46 1.50 1.48
1.62 1.62