Eversource 2001 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2001 Eversource annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 58

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58

Consolidated Statements of Capitalization
At December 31,
(Thousands of Dollars) 2001 2000
Common Shareholders’ Equity (a) $2,117,640 $ 2,218,583
Cumulative Preferred Stock of Subsidiaries:
$25 par value – authorized 36,600,000 shares at December 31, 2001 and 2000;
no shares outstanding in 2001 and 1,630,722 shares outstanding in 2000
$50 par value – authorized 9,000,000 shares at December 31, 2001 and 2000;
2,324,000 shares outstanding in 2001 and 2000
$100 par value – authorized 1,000,000 shares at December 31, 2001 and 2000;
no shares outstanding in 2001 and 200,000 shares outstanding in 2000
Dividend Rates Current Redemption Prices Current Shares Outstanding
Not Subject to Mandatory Redemption:
$50 par value - $1.90 to $3.28 $50.50 to $54.00 2,324,000 116,200 116,200
$100 par value - $7.72 — — —20,000
Total Preferred Stock Not Subject to Mandatory Redemption 116,200 136,200
Subject to Mandatory Redemption:
$25 par value - $1.90 to $2.65 — — —40,768
Total Preferred Stock Subject to Mandatory Redemption — —40,768
Less: Preferred Stock to Be Redeemed Within One Year — —25,768
Preferred Stock Subject to Mandatory Redemption, Net — —15,000
Long-Term Debt: (b)
First Mortgage Bonds –
Maturity Interest Rates
2001 7.375% to 7.875% —220,000
2002 9.05% —375,000
2005 4.998% to 6.75% 140,000 20,000
2009-2012 6.20% to 7.19% 80,000 80,000
2019-2024 7.875% to 10.07% 255,945 313,050
2026 8.81% 320,000 —
Total First Mortgage Bonds 795,945 1,008,050
Other Long-Term Debt -
Pollution Control Notes and Other Notes - (c)
2003-2006 Adjustable Rate and 6.24% to 8.58% 381,500 139,600
2013-2018 Adjustable Rate and 5.90% 25,400 33,400
2020 Adjustable Rate —15,300
2021-2022 Adjustable Rate and 5.45% to 7.65% 428,285 443,285
2028 5.85% to 5.95% 369,300 369,300
2031 Adjustable Rate 62,000 62,000
Total Pollution Control Notes and Other Notes 1,266,485 1,062,885
Fees and interest due for spent nuclear fuel disposal costs 249,314 240,303
Other 36,257 38,978
Total Other Long-Term Debt 1,552,056 1,342,166
Unamortized Premium and Discount, Net (4,983) (6,350)
Total Long-Term Debt 2,343,018 2,343,866
Less: Amounts due within one year 50,462 314,273
Long-Term Debt, Net 2,292,556 2,029,593
Total Capitalization $4,526,396 $ 4,399,376
The accompanying notes are an integral part of these financial statements.
32
Return to First pageReturn to First pageReturn to HighlightsReturn to HighlightsReturn to Highlights