Eversource 2001 Annual Report Download - page 51

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Other in the following table includes the results for Mode 1,
an investor in a fiber-optic communications network. Other also
includes the results of the nonenergy related subsidiaries of Yan-
kee. Interest expense included in Other primarily relates to the
debt of NU parent. Inter-segment eliminations are also included
in Other.
For the Year Ended December 31, 2001
Competitive Eliminations
Energy and
(Millions of Dollars) Electric Gas Subsidiaries Other Total
Operating revenues $4,287.0 $ 378.0 $ 2,964.0 $ (755.2) $ 6,873.8
Operating expenses (3,795.5) (327.9) (2,919.1) 707.8 (6,334.7)
Operating income/(loss) 491.5 50.1 44.9 (47.4) 539.1
Other income, net 72.8 4.1 5.8 104.9 187.6
Interest expense, net (199.3) (14.0) (42.9) (23.4) (279.6)
Income tax expense (154.3) (14.3) (2.8) (2.5) (173.9)
Preferred dividends (7.3) — — — (7.3)
Income before cumulative
effect of accounting change 203.4 25.9 5.0 31.6 265.9
Cumulative effect of accounting
change, net of tax benefit ——(22.0) (0.4) (22.4)
Net income/(loss) $203.4 $ 25.9 $ (17.0) $ 31.2 $ 243.5
Total assets $8,730.3 $ 890.0 $ 1,017.9 $ (396.8) $ 10,241.4
For the Year Ended December 31, 2000
Competitive Eliminations
Energy and
(Millions of Dollars) Electric Gas Subsidiaries Other Total
Operating revenues $ 4,738.5 $ 251.2 $ 1,894.9 $ (1,008.0) $ 5,876.6
Operating expenses (4,078.1) (224.2) (1,830.0) 950.5 (5,181.8)
Operating income/(loss) 660.4 27.0 64.9 (57.5) 694.8
Other (loss)/income, net (11.6) (7.1) (4.7) 9.1 (14.3)
Interest expense, net (191.9) (12.2) (53.4) (41.8) (299.3)
Income tax expense (173.4) (6.5) (0.1) 18.3 (161.7)
Preferred dividends (14.2) — — — (14.2)
Income/(loss) before
extraordinary loss 269.3 1.2 6.7 (71.9) 205.3
Extraordinary loss, net of
tax benefit (214.2) — (19.7) — (233.9)
Net income/(loss) $ 55.1 $ 1.2 $ (13.0) $ (71.9) $ (28.6)
Total assets $ 9,620.0 $ 912.6 $ 684.1 $ (999.6) $ 10,217.1
For the Year Ended December 31, 1999
Competitive Eliminations
Energy and
(Millions of Dollars) Electric Subsidiaries Other Total
Operating revenues $ 3,846.1 $ 648.8 $ (23.7) $ 4,471.2
Operating expenses (3,241.4) (713.5) 9.1 (3,945.8)
Operating income/(loss) 604.7 (64.7) (14.6) 525.4
Other (loss)/income, net (105.2) 5.6 (6.6) (106.2)
Interest expense, net (245.5) (3.2) (14.9) (263.6)
Income tax expense (150.9) 25.3 27.0 (98.6)
Preferred dividends (22.8) — — (22.8)
Net income/(loss) $ 80.3 $ (37.0) $ (9.1) $ 34.2
Total assets $ 9,302.6 $ 308.2 $ 77.3 $ 9,688.1
Regulated Utilities
Regulated Utilities
Regulated Utilities
49
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