Xcel Energy 2006 Annual Report Download - page 12

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2
TABLE OF CONTENTS
Index
Glossary of Terms
PART I Item 1 — Business....................................................................... 3
COMPANY OVERVIEW ...................................................... 7
ELECTRIC UTILITY OPERATIONS ............................................ 9
Electric Utility Trends........................................................ 9
NSP-Minnesota............................................................. 10
NSP-Wisconsin............................................................. 15
PSCo...................................................................... 15
SPS....................................................................... 18
Electric Operating Statistics................................................... 21
NATURAL GAS UTILITY OPERATIONS ....................................... 22
Natural Gas Utility Trends .................................................... 22
NSP-Minnesota............................................................. 22
NSP-Wisconsin............................................................. 23
PSCo...................................................................... 24
Natural Gas Operating Statistics ............................................... 26
ENVIRONMENTAL MATTERS................................................ 26
CAPITAL SPENDING AND FINANCING........................................ 27
EMPLOYEES................................................................ 27
EXECUTIVE OFFICERS ...................................................... 27
Item 1A — Risk Factors.................................................................... 28
Item 1B — Unresolved Staff Comments ...................................................... 32
Item 2 — Properties...................................................................... 33
Item 3 — Legal Proceedings............................................................... 35
Item 4 — Submission of Matters to a Vote of Security Holders .................................. 37
PART II Item 5 — Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities .................................................................... 37
Item 6 — Selected Financial Data .......................................................... 39
Item 7 — Management’s Discussion and Analysis of Financial Condition and Results of Operations . . . 40
Item 7A — Quantitative and Qualitative Disclosures about Market Risk ............................ 63
Item 8 — Financial Statements and Supplementary Data........................................ 64
Item 9 — Changes in and Disagreements with Accountants on Accounting and Financial Disclosure . . . 116
Item 9A — Controls and Procedures.......................................................... 116
Item 9B — Other Information............................................................... 116
PART III
Item 10 — Directors, Executive Officers, and Corporate Governance.............................. 117
Item 11 — Executive Compensation ......................................................... 117
Item 12 — Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
............................................................................
117
Item 13 — Certain Relationships, Related Transactions, and Director Independence.................. 117
Item 14 — Principal Accounting Fees and Services............................................. 117
PART IV
Item 15 — Exhibits, Financial Statement Schedules............................................. 118
SIGNATURES ..................................................................................... 129