Vectren 2014 Annual Report Download - page 39

Download and view the complete annual report

Please find page 39 of the 2014 Vectren 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 132

  • 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

:FBS&OEFE%FDFNCFS
*ONJMMJPOT   
.*405SBOTNJTTJPOTZTUFNNBSHJO     
.*400GGTZTUFNNBSHJO   
 
 
 
5SBOTNJTTJPOTZTUFNNBSHJOBTTPDJBUFEXJUIRVBMJGZJOHQSPKFDUTJODMVEJOHUIFSFDPODJMJBUJPOPGSFDPWFSZNFDIBOJTNTBOEPUIFS
USBOTNJTTJPOTZTUFNPQFSBUJPOTUPUBMFENJMMJPOEVSJOHDPNQBSFEUPNJMMJPOJOBOENJMMJPOJO
3FTVMUTJOSFGMFDUMPXFSSFUVSOTPOUSBOTNJTTJPOJOWFTUNFOUTEVFUPBSFTFSWFSFDPSEFEBTTPDJBUFEXJUIBQFOEJOH
'&3$30&DPNQMBJOU5PEBUFUIF$PNQBOZIBTJOWFTUFENJMMJPOJORVBMJGZJOHQSPKFDUT5IFOFUQMBOUCBMBODFGPSUIFTF
QSPKFDUTUPUBMFENJMMJPOBU%FDFNCFS5IFTFQSPKFDUTJODMVEFBOJOUFSTUBUF,WUSBOTNJTTJPOMJOFUIBU
DPOOFDUTUIF$PNQBOZbT"##SPXO(FOFSBUJOH4UBUJPOUPBHFOFSBUJOHTUBUJPOJO*OEJBOBPXOFECZ%VLF&OFSHZUPUIFOPSUI
BOEUPBHFOFSBUJOHTUBUJPOJO,FOUVDLZPXOFECZ#JH3JWFST&MFDUSJD$PSQPSBUJPOUPUIFTPVUIBTVCTUBUJPOBOEBOPUIFS
USBOTNJTTJPOMJOF"MUIPVHIUIFBMMPXFESFUVSOJTDVSSFOUMZCFJOHDIBMMFOHFEBTEJTDVTTFECFMPXJO3BUFBOE3FHVMBUPSZ.BUUFST
PODFQMBDFEJOUPTFSWJDFUIFTFQSPKFDUTFBSOB'&3$BQQSPWFEFRVJUZSBUFPGSFUVSOPGQFSDFOUPOUIFOFUQMBOUCBMBODF
0QFSBUJOHFYQFOTFTBSFBMTPSFDPWFSFE"TNFOUJPOFEBCPWFUIF$PNQBOZIBTFTUBCMJTIFEBSFTFSWFQFOEJOHUIFPVUDPNFPG
UIJTDPNQMBJOU5IF,WQSPKFDUJTUIFMBSHFTUPGUIFTFRVBMJGZJOHQSPKFDUTXJUIBDPTUPGNJMMJPOUIBUFBSOFEUIF'&3$
BQQSPWFEFRVJUZSBUFPGSFUVSOJODMVEJOHXIJMFVOEFSDPOTUSVDUJPO5IFMBTUTFHNFOUPGUIBUQSPKFDUXBTQMBDFEJOUPTFSWJDFJO
%FDFNCFS
'PSUIFZFBSFOEFE%FDFNCFSNBSHJOGSPNPGGTZTUFNTBMFTXBTNJMMJPODPNQBSFEUPNJMMJPOJOBOE
NJMMJPOJO5IFCBTFSBUFDIBOHFTJNQMFNFOUFEJO.BZSFRVJSFUIBUXIPMFTBMFNBSHJOGSPNPGGTZTUFNTBMFT
FBSOFEBCPWFPSCFMPXNJMMJPOQFSZFBSBSFTIBSFEFRVBMMZXJUIDVTUPNFST3FTVMUTGPSUIFQFSJPETQSFTFOUFESFGMFDUUIF
JNQBDUPGUIBUTIBSJOH0GGTZTUFNTBMFTXFSF(8IJODPNQBSFEUP(8IJOBOE(8IJO
5IFJODSFBTFJOWPMVNFTTPMEGPSUIFZFBSTQSFTFOUFEGSPNUIF$PNQBOZTQSJNBSJMZDPBMGJSFEHFOFSBUJPOSFTVMUGSPNMPXFSDPTUT
UPHFOFSBUFEVFUPBEFDSFBTFJODPBMQSJDFT
6UJMJUZ(SPVQ0QFSBUJOH&YQFOTFT
0UIFS0QFSBUJOH
'PSUIFZFBSFOEFE%FDFNCFS0UIFSPQFSBUJOHFYQFOTFTXFSFNJMMJPOBOEDPNQBSFEUPJODSFBTFE
NJMMJPO$PTUTSFDPWFSFEEJSFDUMZJONBSHJOBDDPVOUGPSNJMMJPOPGUIFJODSFBTFEVSJOHUIFZFBS&YDMVEJOHUIFTFQBTT
UISPVHIDPTUTPUIFSPQFSBUJOHFYQFOTFTJODSFBTFENJMMJPOJODPNQBSFEUPQSJNBSJMZBTTPDJBUFEXJUIBO
JODSFBTFJOQFSGPSNBODFCBTFEDPNQFOTBUJPOFYQFOTFPGNJMMJPOBOEJODSFBTFEFYQFOTFTSFMBUFEUPHBTTZTUFN
NBJOUFOBODFPGNJMMJPOMBSHFMZEVFUPUIFIBSTIXJOUFSXFBUIFSJOUIFGJSTUIBMGPG
'PSUIFZFBSFOEFE%FDFNCFS0UIFSPQFSBUJOHFYQFOTFTJODSFBTFENJMMJPODPNQBSFEUP&YDMVEJOH
PQFSBUJOHFYQFOTFTSFDPWFSFEUISPVHINBSHJOFYQFOTFTJODSFBTFENJMMJPOQSJNBSJMZBTTPDJBUFEXJUIBEEJUJPOBM
NBJOUFOBODFQSPKFDUTUIBUXFSFDPNQMFUFEJOPGNJMMJPOJODSFBTFEFOFSHZEFMJWFSZFYQFOTFTPGNJMMJPOBOEBO
JODSFBTFJOQFSGPSNBODFCBTFEDPNQFOTBUJPOPGNJMMJPO
%FQSFDJBUJPO"NPSUJ[BUJPO
'PSUIFZFBSFOEFE%FDFNCFS%FQSFDJBUJPOBOEBNPSUJ[BUJPOFYQFOTFXBTNJMMJPODPNQBSFEUPNJMMJPO
JOBOENJMMJPOJO3FTVMUTJOUIFQFSJPETQSFTFOUFESFGMFDUJODSFBTFEVUJMJUZQMBOUJOWFTUNFOUTQMBDFEJOUP
TFSWJDF
5BYFT0UIFS5IBO*ODPNF5BYFT
5BYFTPUIFSUIBOJODPNFUBYFTJODSFBTFENJMMJPOJODPNQBSFEUPBOEJODSFBTFENJMMJPOJODPNQBSFEUP
5IFJODSFBTFJOUIFQFSJPETQSFTFOUFEXBTQSJNBSJMZEVFUPIJHIFSSFWFOVFUBYFTBTTPDJBUFEXJUIJODSFBTFEDPOTVNQUJPO
BOEIJHIFSHBTDPTUT5IFTFUBYFTBSFQSJNBSJMZSFWFOVFSFMBUFEUBYFTBOEBSFPGGTFUEPMMBSGPSEPMMBSXJUIIJHIFSHBTVUJMJUZBOE
FMFDUSJDVUJMJUZSFWFOVFTSFGMFDUFEJONBSHJOBUUSJCVUBCMFUPSFHVMBUPSZFYQFOTFSFDPWFSZNFDIBOJTNT
