EX-99.2 3 tm2214420d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

 

EVERSOURCE ENERGY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

   For the Three Months Ended March 31,     
(Thousands of Dollars, Except Share Information)  2022   2021 
Operating Revenues  $3,471,310   $2,825,840 
           
Operating Expenses:          
Purchased Power, Fuel and Transmission   1,389,696    998,491 
Operations and Maintenance   472,433    465,542 
Depreciation   289,330    270,704 
Amortization   236,948    108,013 
Energy Efficiency Programs   199,484    188,063 
Taxes Other Than Income Taxes   220,364    209,459 
Total Operating Expenses   2,808,255    2,240,272 
Operating Income   663,055    585,568 
Interest Expense   153,245    137,766 
Other Income, Net   71,561    34,201 
Income Before Income Tax Expense   581,371    482,003 
Income Tax Expense   136,045    113,980 
Net Income   445,326    368,023 
Net Income Attributable to Noncontrolling Interests   1,880    1,880 
Net Income Attributable to Common Shareholders  $443,446   $366,143 
           
Basic Earnings Per Common Share  $1.28   $1.07 
           
Diluted Earnings Per Common Share  $1.28   $1.06 
           
Weighted Average Common Shares Outstanding:          
Basic   345,156,346    343,678,243 
Diluted   345,661,133    344,334,689 

 

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.