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64
NORTHEAST UTILITIES AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CAPITALIZATION
As of December 31,
(Thousands of Dollars) 2010 2009
Common Shareholders’ Equity $ 3,811,176 $ 3,577,902
Noncontrolling Interests 1,457 -
Preferred Stock:
CL&P Preferred Stock Not Subject to Mandatory Redemption -
$50 par value - authorized 9,000,000 shares in 2010 and 2009;
2,324,000 shares outstanding in 2010 and 2009;
Dividend rates of $1.90 to $3.24;
Current redemption prices of $50.50 to $54.00 116,200 116,200
Long-Term Debt:
First Mortgage Bonds:
Final Maturity Interest Rates
2010-2012 7.19% 8,571 12,857
2014-2018 4.80% to 6.90% 1,205,000 1,205,000
2019-2024 4.50% to 8.48% 659,845 609,845
2034-2037 5.35% to 6.375% 830,000 830,000
Total First Mortgage Bonds 2,703,416 2,657,702
Other Long-Term Debt:
Pollution Control Notes:
2016-2018 5.90% 25,400 25,400
2021-2022 Variable Rate and 4.75% to 6.00% 428,285 428,285
2028 5.85% to 5.95% 369,300 369,300
2031 (Note 9) 1.40% 62,000 62,000
Other:
2012-2020 5.00% to 7.25% 713,000 618,000
2034-2037 5.90% to 6.70% 90,000 90,000
Total Pollution Control Notes and Other 1,687,985 1,592,985
Total First Mortgage Bonds, Pollution Control Notes and Other 4,391,401 4,250,687
Fees and Interest Due for Spent Nuclear Fuel Disposal Costs 301,042 300,647
Change in Fair Value Resulting from Interest Rate Hedge Instrument 11,859 13,258
Unamortized Premium and Discount, Net and Other (5,150) (5,371)
Total Long-Term Debt 4,699,152 4,559,221
Less: Amounts Due Within One Year 66,286 66,286
Long-Term Debt 4,632,866 4,492,935
Total Capitalization $ 8,561,699 $ 8,187,037
The accompanying notes are an integral part of these consolidated financial statements.
[The 2010 financial statements for CL&P, PSNH and WMECO are omitted from this report but are set forth in the Annual
Report on Form 10-K for 2010 filed on a combined basis with NU with the SEC on February 25, 2011. Such report is also
available at the Investors section on www.nu.com. ]