Eversource 1999 Annual Report Download - page 55

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53
CONSOLIDATED STATEMENTS OF QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarter Ended (a)
(Thousands of Dollars, except per share information) March 31 June 30 September 30 December 31
1999
Operating Revenues $1,043,407 $1,038,569 $1,240,539 $1,148,736
Operating Income $ 89,638 $ 56,492 $ 110,544 $ 87,863
Net Income/(Loss) $ 18,444 $ 228 $ 31,218 $ (15,674)
Basic and Diluted Earnings/(Loss)
Per Common Share $ 0.14 $ — $ 0.24 $ (0.12)
1998
Operating Revenues $ 958,905 $ 874,809 $ 974,382 $ 959,618
Operating Income $ 40,488 $ 76,296 $ 82,675 $ 25,268
Net (Loss)/Income $ (17,949) $ 6,273 $ (3,075) $ (132,002)
Basic and Diluted (Loss)/Earnings
Per Common Share $ (0.14) $ 0.05 $ (0.02) $ (1.01)
CONSOLIDATED GENERATION STATISTICS (UNAUDITED)
1999 1998 1997 1996 1995
Source of Electric Energy: (kWh-millions)
Nuclear — Steam(b) 13,558 5,679 3,778 9,405 18,235
Fossil — Steam 10,959 12,505 13,155 9,188 9,162
Hydro — Conventional 1,206 1,510 1,260 1,544 1,099
Hydro — Pumped Storage 944 819 959 1,217 1,209
Internal Combustion 262 80 184 206 37
Energy Used for Pumping (1,318) (1,130) (1,327) (1,668) (1,674)
Net Generation 25,611 19,463 18,009 19,892 28,068
Purchased and Net Interchange 43,849 24,945 24,377 22,111 14,256
Company Use and Unaccounted for (2,612) (2,566) (2,802) (2,473) (2,706)
Net Energy Sold 66,848 41,842 39,584 39,530 39,618
System Capability — MW(b) (c) 8,194.2 8,169.6 8,312.0(d) 8,894.0 8,394.8
System Peak Demand — MW 7,188.2 6,454.7 6,455.5 5,946.9 6,358.2
Nuclear Capacity — MW(b) (c) 2,218.5 2,217.8 2,785.0(d) 3,117.8 3,239.6
Nuclear Contribution to Total
Energy Requirements (%)(b) 38.0 19.0 13.0 28.0 52.0
Nuclear Capacity Factor (%)(d) 86.4 32.8 19.6 38.0 69.9
(a) Reclassifications of prior years’ data have been made to conform with the current presentation.
(b) Includes the NU system’s entitlements in regional nuclear generating companies, net of capacity sales and purchases.
(c) Millstone 2 returned to service during the second quarter of 1999, following NRC approval. Millstone 3 returned to service during the third quarter of 1998
following NRC approval. During the third quarter of 1998, CL&P and WMECO decided to retire Millstone 1 and prepare for final decommissioning.
(d) Represents the average capacity factor for the nuclear units operated by the NU system.