Vectren 2014 Annual Report Download - page 83

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4FFGVSUIFSEJTDVTTJPOPG$PNQBOZJTTVFEHVBSBOUFFTBOEB7FDUSFO&OUFSQSJTFTbJOEFNOJGJDBUJPOBTTPDJBUFEXJUIUIJT
BDRVJTJUJPOJO/PUF
5IFBDRVJTJUJPOQVSDIBTFQSJDFXBTNJMMJPOXIJDIJODMVEFEDPOUJOHFOUDPOTJEFSBUJPOUPCFQBJEJGDFSUBJOOFXPSEFSUBSHFUT
XFSFNFUJO5IPTFOFXPSEFSUBSHFUTXFSFOPUNFUJOBOEUIFSFGPSFUIFDPOUJOHFOUDPOTJEFSBUJPOXBTOPUFBSOFE
"TTVDIUIFDPOUJOHFOUDPOTJEFSBUJPOMJBCJMJUZBTPG%FDFNCFSPGNJMMJPOXBTSFWFSTFEBTPQFSBUJOHJODPNF5IF
JOJUJBMOFXPSEFSUBSHFUBUUIFFOEPGXBTEFQFOEFOUPOUIFTJHOJOHPGDPOUSBDUTXJUITVGGJDJFOUSFWFOVFUPNFFUUIF
UISFTIPME"TJOHMFDPOUSBDUXBTUBSHFUFEUIBUXPVMEIBWFCFFOTVGGJDJFOUUPNFFUUIFUISFTIPMECVUUIFTJHOJOHPGUIBUDPOUSBDU
XBTEFMBZFECZUIFDVTUPNFS5IBUDPOUSBDUJTFYQFDUFEUPCFTJHOFEJO5IFGBJMVSFUPTJHOUIBUUBSHFUFEDPOUSBDUCZUIF
FBSOPVUUISFTIPMEEBUFJTWJFXFEBTUJNJOHPOMZBOEOPUSFGMFDUJWFPGGVUVSFTBMFTPQQPSUVOJUJFT"TBSFTVMUHPPEXJMMJTOPU
JNQBJSFEBU%FDFNCFS
5IF$PNQBOZSFDPHOJ[FEUIFBTTFUTBDRVJSFEBOEUIFMJBCJMJUJFTBTTVNFENFBTVSFEBUUIFJSGBJSWBMVFTBTPGUIFEBUFPG
BDRVJTJUJPO5IFGPMMPXJOHUBCMFTVNNBSJ[FTUIFBMMPDBUJPOPGUIFQVSDIBTFQSJDFUPUIFGBJSWBMVFPGUIFBTTFUTBDRVJSFEBOE
MJBCJMJUJFTBTTVNFEBTPG"QSJM
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PGUIFJEFOUJGJBCMFJOUBOHJCMFBTTFUT*EFOUJGJBCMFJOUBOHJCMFBTTFUTJODMVEFMPOHUFSNDVTUPNFSSFMBUJPOTIJQTBOEMJDFOTFT
(PPEXJMMBSJTJOHGSPNUIFQVSDIBTFSFQSFTFOUTJOUBOHJCMFWBMVFUIF$PNQBOZFYQFDUTUPSFBMJ[FPWFSUJNF5IJTWBMVFJODMVEFT
CVUJTOPUMJNJUFEUPFYQFDUFEDVTUPNFSHSPXUICFZPOEXIBUJTJOUIFDVSSFOUTBMFTGVOOFMBOEUIFFYQFSJFODFPGUIF
BDRVJSFEXPSLGPSDF5IFHPPEXJMMXIJDIEPFTOPUBNPSUJ[FQVSTVBOUUPBDDPVOUJOHHVJEBODFJTEFEVDUJCMFPWFSBZFBS
QFSJPEGPSQVSQPTFTPGDPNQVUJOHDVSSFOUJODPNFUBYFYQFOTFBOEXJMMCFJODMVEFEJOUIF&OFSHZ4FSWJDFTPQFSBUJOHTFHNFOU
5SBOTBDUJPODPTUTBTTPDJBUFEXJUIUIFBDRVJTJUJPOBOEFYQFOTFECZUIF$PNQBOZUPUBMFEBQQSPYJNBUFMZNJMMJPOPGXIJDI
NJMMJPOBOENJMMJPOBSFJODMVEFEJOPUIFSPQFSBUJOHFYQFOTFTEVSJOHUIFUXFMWFNPOUITFOEFE%FDFNCFSBOE
SFTQFDUJWFMZ'PSUIFQFSJPEGSPN"QSJMUISPVHI%FDFNCFS'#6DPOUSJCVUFEBOJNNBUFSJBMBNPVOUPG
SFWFOVFBOEOFUMPTTUPUIF$PNQBOZTSFWFOVFBOEOFUJODPNF
'PSUIFZFBSFOEFE%FDFNCFSBOEVOBVEJUFEQSPGPSNBSFTVMUTPGUIFDPNCJOFEDPNQBOJFTBTTVNJOHUIF
BDRVJTJUJPODMPTFEPO+BOVBSZXPVMEIBWFBEEFEBQQSPYJNBUFMZNJMMJPOBOENJMMJPOUPDPOTPMJEBUFE
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