Eversource 2010 Annual Report Download - page 135

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NU Enterprises is comprised of the following: 1) Select Energy (wholesale contracts), 2) Boulos, 3) NGS, 4) NGS Mechanical, 5) SECI,
and 6) NU Enterprises parent.
Other in the tables below primarily consists of 1) the results of NU parent, which includes other income related to the equity in earnings
of NU parent's subsidiaries and interest income from the NU Money Pool, which are both eliminated in consolidation, and interest
income and expense related to the cash and debt of NU parent, respectively, 2) the revenues and expenses of NU's service
companies, most of which are eliminated in consolidation, and 3) the results of other subsidiaries, which are comprised of RRR (a real
estate subsidiary), the non-energy-related subsidiaries of Yankee (Yankee Energy Services Company and Yankee Energy Financial
Services Company) and the remaining operations of HWP that were not exited as part of the sale of the competitive generation
business in 2006 and the sale of its transmission business to WMECO in December 2008.
Regulated companies' revenues from the sale of electricity and natural gas primarily are derived from residential, commercial and
industrial customers and are not dependent on any single customer.
NU's segment information for the years ended December 31, 2010, 2009 and 2008, with the distribution segment segregated between
electric and natural gas, is as follows (some amounts may not agree between the financial statements and the segment schedules due
to rounding):
For the Year Ended December 31, 2010
Regulated Companies
Distribution
(Millions of Dollars) Electric
Natural
Gas Transmission
NU
Enterprises Other Eliminations Total
Operating Revenues $ 3,802.0 $ 434.3 $ 625.6 $ 80.3 $ 441.3 $ (485.3) $ 4,898.2
Depreciation and Amortization (506.7) (23.8) (86.7) (0.3) (15.5) 3.8 (629.2)
Other Operating Expenses (2,919.6) (340.0) (192.1) (62.6) (442.8) 488.0 (3,469.1)
Operating Income/(Loss) 375.7 70.5 346.8 17.4 (17.0) 6.5 799.9
Interest Expense (133.4) (17.9) (73.2) (2.2) (15.2) 4.6 (237.3)
Interest Income 0.7 - 1.8 - 5.3 (6.3) 1.5
Other Income, Net 24.4 0.8 14.3 (0.3) 436.7 (435.5) 40.4
Income Tax (Expense)/Benefit (90.3) (20.7) (109.3) (6.6) 17.6 (1.1) (210.4)
Net Income 177.1 32.7 180.4 8.3 427.4 (431.8) 394.1
Net Income Attributable to
Noncontrolling Interests (3.6) - (2.6) - - - (6.2)
Net Income Attributable to
Controlling Interests $ 173.5 $ 32.7 $ 177.8 $ 8.3 $ 427.4 $ (431.8) $ 387.9
Total Assets (as of) $ 8,968.9 $ 1,451.5 $ 3,418.3 $ 86.7 $ 6,197.9 $ (5,601.3) $ 14,522.0
Cash Flows for Total
Investments in Plant $ 560.1 $ 82.5 $ 239.2 $ - $ 72.7 $ - $ 954.5
For the Year Ended December 31, 2009
Regulated Companies
Distribution
(Millions of Dollars) Electric
Natural
Gas Transmission
NU
Enterprises Other Eliminations Total
Operating Revenues $ 4,358.4 $ 449.6 $ 577.9 $ 81.3 $ 400.8 $ (428.6) $ 5,439.4
Depreciation and Amortization (431.5) (26.8) (71.0) (0.4) (13.0) 1.9 (540.8)
Other Operating Expenses (3,604.6) (368.1) (170.9) (53.8) (382.1) 432.3 (4,147.2)
Operating Income 322.3 54.7 336.0 27.1 5.7 5.6 751.4
Interest Expense (149.1) (22.1) (72.5) (2.8) (33.4) 6.3 (273.6)
Interest Income 4.5 - 1.0 - 7.7 (7.6) 5.6
Other Income, Net 24.0 0.3 7.6 - 371.6 (371.4) 32.1
Income Tax (Expense)/Benefit (60.2) (11.9) (105.5) (8.5) 8.6 (2.4) (179.9)
Net Income 141.5 21.0 166.6 15.8 360.2 (369.5) 335.6
Net Income Attributable to
Noncontrolling Interests (3.3) - (2.3) - - - (5.6)
Net Income Attributable to
Controlling Interests $ 138.2 $ 21.0 $ 164.3 $ 15.8 $ 360.2 $ (369.5) $ 330.0
Total Assets (as of) $ 8,881.1 $ 1,379.0 $ 3,263.0 $ 71.9 $ 5,857.8 $ (5,395.1) $ 14,057.7
Cash Flows for Total
Investments in Plant $ 521.5 $ 54.8 $ 286.0 $ - $ - $ 45.8 $ 908.1