Eversource 2010 Annual Report Download - page 150

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S-3
SCHEDULE I
NORTHEAST UTILITIES (PARENT)
FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2010, 2009 AND 2008
(Thousands of Dollars)
2010 2009 2008
Operating Activities:
Net Income $ 388,006 $ 330,033 $ 260,828
Adjustments to Reconcile Net Income to Net Cash
Flows Provided by Operating Activities:
Equity in Earnings of Subsidiaries (396,333) (346,137) (307,908)
Cash Dividends Received from Subsidiaries 309,669 207,877 215,162
Deferred Income Taxes 8,398 (6,658) (3,164)
Other 23,675 15,525 12,576
Changes in Current Assets and Liabilities:
Receivables, Including Affiliate Receivables 791 (861) 883
Accounts Payable, Including Affiliate Payables 590 (35,522) 33,752
Taxes Receivable/Accrued (28,394) 5,591 3,580
Other Current Assets and Liabilities (12,656) 2,369 2,451
Net Cash Flows Provided by Operating Activities 293,746 172,217 218,160
Investing Activities:
Capital Contributions to Subsidiaries (313,560) (243,688) (323,164)
Return of Investment in Subsidiaries 5,000 - 30,000
Decrease/(Increase) in NU Money Pool Lending 83,300 128,700 (84,600)
Increase in Notes Receivable from Affiliated Companies (29,687) (72,709) (79,504)
Other Investing Activities 1,703 2,283 1,557
Net Cash Flows Used in Investing Activities (253,244) (185,414) (455,711)
Financing Activities:
Issuance of Common Shares - 383,295 -
Cash Dividends on Common Shares (180,542) (162,381) (129,077)
Increase/(Decrease) in Short-Term Debt 136,687 (203,206) 261,519
Issuance of Long-Term Debt - - 250,000
Retirements of Long-Term Debt - - (150,000)
Financing Fees - (12,457) -
Other Financing Activities 2,399 7,874 6,109
Net Cash Flows (Used in)/Provided by Financing Activities (41,456) 13,125 238,551
Net (Decrease)/Increase in Cash (954) (72) 1,000
Cash - Beginning of Year 1,222 1,294 294
Cash - End of Year $ 268 $ 1,222 $ 1,294
Supplemental Cash Flow Information:
Cash Paid/(Received) During the Year for:
Interest, Net of Amounts Capitalized $ 22,886 $ 26,744 $ 27,522
Income Taxes $ 1,291 $ (12,848) $ (37,063)