Xcel Energy 2011 Annual Report Download - page 161

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151
NOTES TO CONDENSED FINANCIAL STATEMENTS
Incorporated by reference are Xcel Energy’s consolidated statements of common stockholders’ equity and OCI in Part II, Item 8.
Basis of Presentation — The condensed financial information of Xcel Energy Inc. is presented to comply with Rule 12-04 of
Regulation S-X. Xcel Energy Inc.’s investments in subsidiaries are presented under the equity method of accounting. Under this
method, the assets and liabilities of subsidiaries are not consolidated. The investments in net assets of the subsidiaries are
recorded in the balance sheets. The income from operations of the subsidiaries is reported on a net basis as equity in income of
subsidiaries.
Related Party Transactions — Xcel Energy Inc. presents its related party receivables net of payables. Accounts receivable and
payable with affiliates at Dec. 31 were:
2011 2010
(Thousands of Dollars) Accounts
Receivable Accounts
Payable Accounts
Receivable Accounts
Payable
NSP-Minnesota ............................................. $
58,321 $
- $
81,447 $
-
NSP-Wisconsin ............................................. 8,620 - 12,510 -
PSCo ....................................................... 83,263 - 66,828 (11,532)
SPS ........................................................ 17,440 - 24,769 -
Xcel Energy Services Inc. ................................... 52,994 (1,690) 35,311 (997)
Xcel Energy Ventures Inc. ................................... 37,700 - 41,692 -
Other subsidiaries of Xcel Energy Inc. ........................ 20,574 (5,327) 20,076 (3,784)
$
278,912 $
(7,017) $
282,633 $
(16,313)
Dividends — Cash dividends paid to Xcel Energy Inc. by its subsidiaries were $626 million, $663 million, and $647 million for
the years ended Dec. 31, 2011, 2010 and 2009, respectively.
See Xcel Energy’s notes to the consolidated financial statements in Part II, Item 8 for other disclosures.