Vectren 2014 Annual Report Download - page 40

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0UIFS*ODPNF/FU
0UIFSJODPNFOFUSFGMFDUTJODPNFPGNJMMJPOJODPNQBSFEUPNJMMJPOJOBOENJMMJPOJO3FTVMUT
JODMVEFJODSFBTFEBMMPXBODFGPSGVOETVTFEEVSJOHDPOTUSVDUJPO"'6%$PGBQQSPYJNBUFMZNJMMJPOJODPNQBSFEUP
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NJMMJPOJO5IFEFDSFBTFJOJOUFSFTUFYQFOTFTJODFJTEVFUPSFGJOBODJOHBDUJWJUZZJFMEJOHGBWPSBCMFJOUFSFTU
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PGQFSDFOUBOESFUJSFENJMMJPOPGMPOHUFSNEFCUUIBUNBUVSFEPSXBTDBMMFEGPSFBSMZSFEFNQUJPOXJUIBXFJHIUFE
BWFSBHFJOUFSFTUSBUFPGQFSDFOU
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JOGSBTUSVDUVSFBOEPUIFSBDUJWJUJFTJOCPUI*OEJBOBBOE0IJPUPNJUJHBUFSJTLJNQSPWFUIFTZTUFNBOEDPNQMZXJUIBQQMJDBCMF
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QFSDFOUPGGFEFSBMMZNBOEBUFEDPTUTUISPVHIBQFSJPEJDSBUFBEKVTUNFOUNFDIBOJTNPVUTJEFPGBHFOFSBMSBUFDBTF4VDIDPTUT
JODMVEFBSFUVSOPOUIFGFEFSBMMZNBOEBUFEDBQJUBMJOWFTUNFOUBMPOHXJUISFDPWFSZPGEFQSFDJBUJPOBOEPUIFSPQFSBUJOHDPTUT
BTTPDJBUFEXJUIUIFTFNBOEBUFT5IFSFNBJOJOHQFSDFOUPGUIPTFDPTUTJTEFGFSSFEGPSGVUVSFSFDPWFSZJOUIFVUJMJUZTOFYU
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BOEHBTTZTUFNSFMJBCJMJUZBOETBGFUZPSBSFFDPOPNJDEFWFMPQNFOUQSPKFDUTUIBUQSPWJEFSVSBMBSFBTXJUIBDDFTTUPHBTTFSWJDF
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NFDIBOJTN3FDPWFSBCMFDPTUTJODMVEFBSFUVSOPOBOEPGUIFJOWFTUNFOUBTXFMMBTQSPQFSUZUBYFTBOEPQFSBUJOHFYQFOTFT
5IFSFNBJOJOHQFSDFOUPGQSPKFDUDPTUTJTEFGFSSFEBOESFDPWFSFEJOUIFVUJMJUZbTOFYUHFOFSBMSBUFDBTFXIJDINVTUCFGJMFE
CFGPSFUIFFYQJSBUJPOPGUIFTFWFOZFBSQMBO5IFBEKVTUNFOUNFDIBOJTNJTDBQQFEBUBOBOOVBMJODSFBTFJOSFUBJMSFWFOVFTPG
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BOBUVSBMHBTVUJMJUZUPBQQMZGPSSFDPWFSZPGNVDIPGJUTDBQJUBMFYQFOEJUVSFQSPHSBN#ZBMMPXJOHGPSUIFEFGFSSBMPGDPTUTTVDIBT
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5IFTF0SEFSTBVUIPSJ[FEUIFEFGFSSBMPGGJOBODJBMJNQBDUTBTTPDJBUFEXJUICBSFTUFFMBOEDBTUJSPOSFQMBDFNFOUBDUJWJUJFT5IF
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