Eversource 2010 Annual Report Download - page 136

Download and view the complete annual report

Please find page 136 of the 2010 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 164

  • 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
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

119
For the Year Ended December 31, 2008
Regulated Companies
Distribution
(Millions of Dollars) Electric
Natural
Gas Transmission
NU
Enterprises Other Eliminations Total
Operating Revenues $ 4,716.1 $ 577.4 $ 424.8 $ 114.1 $ 416.6 $ (448.9) $ 5,800.1
Depreciation and Amortization (581.5) (26.2) (49.3) (0.6) (13.1) 0.9 (669.8)
Other Operating Expenses (3,828.6) (487.3) (138.5) (89.6) (431.2) 435.7 (4,539.5)
Operating Income/(Loss) 306.0 63.9 237.0 23.9 (27.7) (12.3) 590.8
Interest Expense (164.3) (21.6) (51.8) (5.6) (35.4) 9.6 (269.1)
Interest Income 14.1 0.5 2.1 1.0 8.5 (10.6) 15.6
Other Income, Net 13.1 0.3 21.8 - 227.5 (227.9) 34.8
Income Tax (Expense)/Benefit (41.6) (16.0) (68.8) (6.2) 28.7 (1.8) (105.7)
Net Income 127.3 27.1 140.3 13.1 201.6 (243.0) 266.4
Net Income Attributable to
Noncontrolling Interests (3.6) - (2.0) - - - (5.6)
Net Income Attributable to
Controlling Interests $ 123.7 $ 27.1 $ 138.3 $ 13.1 $ 201.6 $ (243.0) $ 260.8
Cash Flows for Total
Investments in Plant $ 487.8 $ 58.4 $ 678.9 $ - $ 30.3 $ - $ 1,255.4
The information related to the distribution and transmission segments for CL&P, PSNH and WMECO for the years ended December 31,
2010, 2009 and 2008 is included below. Information for segmenting total assets between electric distribution and transmission is not
available as of December 31, 2008.
CL&P - For the Years Ended December 31,
2010 2009 2008
(Millions of Dollars) Distribution Transmission Totals Distribution Transmission Totals Distribution Transmission Totals
Operating Revenues $ 2,500.3 $ 498.8 $ 2,999.1 $ 2,954.6 $ 469.9 $ 3,424.5 $ 3,218.5 $ 339.9 $ 3,558.4
Depreciation and
Amortization (355.5) (67.6) (423.1) (330.3) (58.4) (388.7) (433.1) (39.4) (472.5)
Other Operating Expenses (1,942.4) (146.0) (2,088.4) (2,441.7) (129.0) (2,570.7) (2,610.5) (102.0) (2,712.5)
Operating Income 202.4 285.2 487.6 182.6 282.5 465.1 174.9 198.5 373.4
Interest Expense (77.6) (60.1) (137.7) (93.1) (62.7) (155.8) (102.1) (44.1) (146.2)
Interest Income 1.9 1.5 3.4 2.7 0.8 3.5 9.2 1.6 10.8
Other Income, Net 14.6 8.6 23.2 16.2 6.1 22.3 12.4 18.7 31.1
Income Tax Expense (43.6) (88.8) (132.4) (31.1) (87.7) (118.8) (20.8) (57.1) (77.9)
Net Income $ 97.7 $ 146.4 $ 244.1 $ 77.3 $ 139.0 $ 216.3 $ 73.6 $ 117.6 $ 191.2
Total Assets (as of) $ 5,687.9 $ 2,599.7 $ 8,287.6 $ 5,771.1 $ 2,593.5 $ 8,364.6 $ - $ - $ -
Cash Flows for Total
Investments in Plant $ 270.2 $ 110.1 $ 380.3 $ 270.8 $ 164.9 $ 435.7 $ 294.3 $ 555.2 $ 849.5
PSNH - For the Years Ended December 31,
2010 2009 2008
(Millions of Dollars) Distribution Transmission Totals Distribution Transmission Totals Distribution Transmission Totals
Operating Revenues $ 951.0 $ 82.4 $ 1,033.4 $ 1,035.8 $ 73.8 $ 1,109.6 $ 1,082.2 $ 59.0 $ 1,141.2
Depreciation and
Amortization (118.4) (10.4) (128.8) (70.5) (9.3) (79.8) (104.0) (7.2) (111.2)
Other Operating Expenses (696.0) (32.4) (728.4) (865.8) (29.4) (895.2) (882.8) (24.3) (907.1)
Operating Income 136.6 39.6 176.2 99.5 35.1 134.6 95.4 27.5 122.9
Interest Expense (38.6) (8.5) (47.1) (39.8) (6.7) (46.5) (44.6) (5.6) (50.2)
Interest Income/(Loss) (1.7) 0.2 (1.5) 2.1 0.1 2.2 2.9 0.5 3.4
Other Income, Net 11.6 1.7 13.3 6.0 1.3 7.3 1.4 2.6 4.0
Income Tax Expense (38.6) (12.2) (50.8) (20.2) (11.8) (32.0) (13.7) (8.3) (22.0)
Net Income $ 69.3 $ 20.8 $ 90.1 $ 47.6 $ 18.0 $ 65.6 $ 41.4 $ 16.7 $ 58.1
Total Assets (as of) $ 2,399.3 $ 490.5 $ 2,889.8 $ 2,255.0 $ 442.2 $ 2,697.2 $ - $ - $ -
Cash Flows for Total
Investments in Plant $ 252.2 $ 44.1 $ 296.3 $ 207.8 $ 58.6 $ 266.4 $ 158.6 $ 80.3 $ 238.9