Eversource 2015 Annual Report Download - page 38

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Item 6. Selected Consolidated Financial Data
Eversource Selected Consolidated Financial Data (Unaudited)
(Thousands of Dollars, except percentages and
common share information)
2015 2014 2013 2012 (a) 2011
Balance Sheet Data:
Property, Plant and Equipment, Net $ 19,892,441 $ 18,647,041 $ 17,576,186 $ 16,605,010 $ 10,403,065
Total Assets
(b)
30,580,309 29,740,387 27,760,315 28,269,780 15,617,627
Total Capitalization
(b) (c) (d)
19,542,240 18,946,395 18,042,052 17,323,068 9,048,882
Obligations Under Capital Leases
(c)
8,222 9,434 10,744 11,071 12,358
Income Statement Data:
Operating Revenues $ 7,954,827 $ 7,741,856 $ 7,301,204 $ 6,273,787 $ 4,465,657
Net Income
886,004 827,065 793,689 533,077 400,513
Net Income Attributable to Noncontrolling Interests
7,519 7,519 7,682 7,132 5,820
Net Income At
tributable to Common Shareholders $ 878,485 $ 819,546 $ 786,007 $ 525,945 $ 394,693
Common Share Data:
Net Income Attributable to Common Shareholders:
Basic Earnings Per Common Share $ 2.77 $ 2.59 $ 2.49 $ 1.90 $ 2.22
Diluted Earnings Per Common Share $ 2.76 $ 2.58 $ 2.49 $ 1.89 $ 2.22
Weighted Average Common Shares Outstanding:
Basic 317,336,881 316,136,748 315,311,387 277,209,819 177,410,167
Diluted 318,432,687 317,417,414 316,211,160 277,993,631 177,804,568
Dividends Declared Per Common Share $ 1.67 $ 1.57 $ 1.47 $ 1.32 $ 1.10
Market Price - Closing (high)
(e)
$ 54.52 $ 56.15 $ 45.33 $ 40.57 $ 36.31
Market Price - Closing (low)
(e)
$ 44.63 $ 41.52 $ 38.67 $ 33.53 $ 30.46
Market Price - Closing (end of year)
(e)
$ 51.07 $ 53.52 $ 42.39 $ 39.08 $ 36.07
Book Value Per Common Share (end of year) $ 32.64 $ 31.47 $ 30.49 $ 29.41 $ 22.65
Tangible Book Value Per Common Share (end of year)
(f)
$ 21.54 $ 20.37 $ 19.32 $ 18.21 $ 21.03
Rate of Return Earned on Average Common Equity (%)
(g)
8.7 8.4 8.3 7.9 10.1
Market-to-Book Ratio (end of year)
(h)
1.6 1.7 1.4 1.3 1.6
Capitalization:
Total Equity 53 % 53 % 53 % 53 % 44 %
Preferred Stock Not Subject to Mandatory Redemption 1 1 1 1 1
Long-Term Debt
(b) (c) (d)
46 46 46 46 55
100 % 100 % 100 % 100 % 100 %
(a)
The 2012 results include the operations of NSTAR beginning April 10, 2012.
(b)
The 2011 through 2014 amounts reflect reclassifications due to the adoption of new accounting guidance that changed the balance sheet presentation of debt
issuance costs. Unamortized debt issuance costs are now presented as a direct reduction from the carrying amount of the debt liability rather than as a deferred
cost. Prior year amounts were retrospectively adjusted to conform to the current year presentation. See Note 1C, “Summary of Significant Accounting Policies –
Accounting Standards,” for further information.
(c)
Includes portions due within one year.
(d)
Excludes RRBs.
(e)
Market price information reflects closing prices as reflected by the New York Stock Exchange.
(f)
Common Shareholders’ Equity adjusted for goodwill and intangibles divided by total common shares outstanding.
(g)
Net Income Attributable to Common Shareholders
divided by average Common Shareholders’ Equity.
(h)
The closing market price divided by the book value per share.
See the Combined Notes to Consolidated Financial Statements in this Annual Report on Form 10-K for a description of any accounting changes materially affecting
the comparability of the information reflected in the tables above.