Eversource 2014 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2014 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 136

  • 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

53
NORTHEAST UTILITIES AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
As of December 31,
(Thousands of Dollars) 2014 2013
ASSETS
Current Assets:
Cash and Cash Equivalents $38,703 $43,364
Receivables, Net 856,346 765,391
Unbilled Revenues 211,758 224,982
Taxes Receivable 337,307 16,629
Fuel, Materials and Supplies 349,664 303,233
Regulatory Assets 672,493 535,791
Prepayments and Other Current Assets 226,194 197,659
Total Current Assets 2,692,465 2,087,049
Property, Plant and Equipment, Net 18,647,041 17,576,186
Deferred Debits and Other Assets:
Regulatory Assets 4,054,086 3,758,694
Goodwill 3,519,401 3,519,401
Marketable Securities 515,025 488,515
Other Long-Term Assets 349,957 365,692
Total Deferred Debits and Other Assets 8,438,469 8,132,302
Total Assets $29,777,975 $27,795,537
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Notes Payable $956,825 $1,093,000
Long-Term Debt -Current Portion 245,583 533,346
Accounts Payable 868,231 742,251
Regulatory Liabilities 235,022 204,278
Other Current Liabilities 828,720 702,776
Total Current Liabilities 3,134,381 3,275,651
Deferred Credits and Other Liabilities:
Accumulated Deferred Income Taxes 4,467,473 4,029,026
Regulatory Liabilities 515,144 502,984
Derivative Liabilities 409,632 624,050
Accrued Pension, SERP and PBOP 1,638,558 896,844
Other Long-Term Liabilities 874,387 923,053
Total Deferred Credits and Other Liabilities 7,905,194 6,975,957
Capitalization:
Long-Term Debt 8,606,017 7,776,833
Noncontrolling Interest -Preferred Stock of Subsidiaries 155,568 155,568
Equity:
Common Shareholders'Equity:
Common Shares 1,666,796 1,665,351
Capital Surplus, Paid In6,235,834 6,192,765
Retained Earnings 2,448,661 2,125,980
Accumulated Other Comprehensive Loss (74,009) (46,031)
Treasury Stock (300,467) (326,537)
Common Shareholders'Equity 9,976,815 9,611,528
Total Capitalization 18,738,400 17,543,929
Commitments and Contingencies (Note 11)
Total Liabilities and Capitalization $29,777,975 $27,795,537
The accompanying notes are an integral part of these consolidated financial statements.