8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549-1004

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 2, 2007

Commission	Registrant; State of Incorporation	I.R.S. Employer
File Number	Address; and Telephone Number	Identification No.
-----------	-----------------------------------	--------------------
1-5324	NORTHEAST UTILITIES	04-2147929
	---------------------------------------
	(a Massachusetts voluntary association)
	One Federal Street, Building 111-4
	Springfield, Massachusetts 01105
	Telephone:  (413) 785-5871
0-00404	THE CONNECTICUT LIGHT AND POWER COMPANY	06-0303850
	---------------------------------------
	(a Connecticut corporation)
	107 Selden Street
	Berlin, Connecticut  06037-1616
	Telephone:  (860) 665-5000
1-6392	PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE	02-0181050
	---------------------------------------
	(a New Hampshire corporation)
	Energy Park
	780 North Commercial Street
	Manchester, New Hampshire 03101-1134
	Telephone:  (603) 669-4000
0-7624	WESTERN MASSACHUSETTS ELECTRIC COMPANY	04-1961130
	--------------------------------------
	(a Massachusetts corporation)
	One Federal Street, Building 111-4
	Springfield, Massachusetts 01105
	Telephone:  (413) 785-5871

Not Applicable

--------------

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR

240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR

240.13e-4(c))

Section 2

Financial Information

Item 2.02

Results of Operations and Financial Condition.

On August 2, 2007, Northeast Utilities issued a news release announcing its unaudited results of operations for the second quarter 2007 and related financial information for certain of its subsidiaries for the same period.  A copy of the news release and related financial reports are attached as Exhibits 99.1 and 99.2, and are incorporated herein by reference thereto.  The information contained in this Item 2.02, including Exhibits 99.1 and 99.2, shall not be deemed “filed” with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by Northeast Utilities or any of its affiliates under the Securities Act of 1933, as amended, unless specified otherwise.

Section 9 – Financial Statements and Exhibits

Item 9.01 –

 Financial Statements and Exhibits.

(d)

 Exhibits.

Exhibit Number	Description
Exhibit 99.1	News Release issued by Northeast Utilities on August 2, 2007.
Exhibit 99.2	Financial Report for the six month period ending June 30, 2007.

[SIGNATURE PAGE TO FOLLOW]

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalves by the undersigned hereunto duly authorized.

NORTHEAST UTILITIES

THE CONNECTICUT LIGHT AND POWER COMPANY

PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE

WESTERN MASSACHUSETTS ELECTRIC COMPANY

(Registrants)

By:  /s/        Shirley M. Payne

       Name:  Shirley M. Payne

       Title:    Vice President-Accounting and Controller

Date:  August 2, 2007

EX-99

NU LOGO

P.O. Box 270

Hartford, CT 06141-0270

107 Selden Street

Berlin, CT 06037

(860) 665-5000

www.nu.com

Exhibit 99.1

News Release

CONTACT:

Jeffrey R. Kotkin

OFFICE:

(860) 665-5154

NU REPORTS IMPROVED SECOND QUARTER RESULTS

Major projects continue on or ahead of schedule

2007 guidance reaffirmed

BERLIN, Connecticut, August 2, 2007—Northeast Utilities (NU-NYSE) today reported earnings for the second quarter of 2007 of $48.5 million, or $0.31 per share, compared with earnings of

$22.2 million, or $0.14 per share, in the second quarter of 2006.  NU earned $123.6 million, or $0.80 per share, in the first half of 2007, compared with earnings of $12.1 million, or $0.08 per share, in the first half of 2006.

Charles W. Shivery, NU chairman, president, and chief executive officer, attributed the improved results to growth in the company’s transmission segment, where the company is investing heavily to meet the regional energy needs of customers, as well as new federal reliability requirements.  In addition, NU benefited from the absence of losses incurred in 2006 in its former competitive retail marketing business, which was sold last year.

“Completion of our transmission projects improves reliability and helps meet the growth in energy demand.  In addition to the savings created for customers, these investments also improve our financial performance, enhancing our ability to fund the additional energy infrastructure New England requires,” Shivery said.

Transmission

NU’s transmission segment earned $21.1 million in the second quarter of 2007 and $37.0 million in the first half of 2007, compared with $12.7 million in the second quarter of 2006 and $25.4 million in the first half of 2006.  Shivery noted that transmission segment earnings have risen as a result of NU’s increased investment to meet customer reliability needs, particularly in southwest Connecticut.  The Connecticut Light and Power Company (CL&P) completed a $340 million transmission line between Bethel, Connecticut and Norwalk, Connecticut last year and construction is well under way on three additional projects.  Shivery provided the following update on those projects:

·

CL&P’s $1.05 billion share of a 69-mile 345-kV transmission line between Norwalk and Middletown, Connecticut is approximately 38 percent complete.  It was initially expected to be completed by the end of 2009, but Shivery said construction is currently ahead of schedule and the company is reviewing the project schedule to determine whether it can be completed at an earlier date.

·

CL&P’s nine-mile, $183 million, 115-kV Glenbrook underground transmission project between Norwalk and Stamford, Connecticut is approximately 36 percent complete and expected to be in service in 2008.

·

CL&P’s $72 million share of a replacement undersea cable between Norwalk and Northport, Long Island is approximately 41 percent complete and expected to be in service in 2008.

NU’s capital spending totaled $531.3 million in the first six months of 2007, including

$297.3 million on transmission.  NU expects to invest $1.3 billion in New England’s energy infrastructure in 2007, including $750 million in transmission.  The $1.3 billion figure is approximately $100 million higher than NU had previously forecast with the increase primarily due to the acceleration of work on transmission projects inside and outside southwest Connecticut.

Distribution and Generation

NU’s distribution and regulated generation segment earned $23.4 million in the second quarter of 2007 and $71.6 million in the first half of 2007, compared with earnings of $20.8 million in the second quarter of 2006 and $62.7 million in the first half of 2006.

CL&P’s distribution segment earned $7.0 million in the second quarter of 2007 and $27.6 million in the first half of 2007, compared with earnings of $6.4 million in the second quarter of 2006 and

$29.8 million in the first half of 2006.  Improved second quarter results were due to a 2.2 percent increase in retail sales and a $7 million annualized rate increase effective January 1, 2007, offset by higher operating and interest expenses and the expiration of a procurement fee that ended December 31, 2006.  Lower year-to-date results in 2007 were due to the absence of a state tax settlement that benefited CL&P by

$4.9 million in the first quarter of 2006, the expiration of the procurement fee, and higher operating and interest expenses.

On a trailing 12-month basis, CL&P’s regulatory return on equity was approximately 7.8 percent, about two full percentage points below CL&P’s allowed return of 9.85 percent.  Earlier this week, CL&P filed with state regulators to raise distribution rates, effective January 1, 2008.

Public Service Company of New Hampshire’s (PSNH) distribution and regulated generation segment earned $12.6 million in the second quarter of 2007 and $20.7 million in the first half of 2007, compared with earnings of $12.9 million in the second quarter of 2006 and $15.4 million in the first half of 2006.  Slightly lower second quarter results were due to a higher effective tax rate, partially offset by the recoupment of previously expensed transmission costs, a 0.5 percent increase in sales, and a $24.5 million annualized interim distribution rate increase that took effect July 1, 2006.

Western Massachusetts Electric Company’s (WMECO) distribution segment earned $3.5 million in the second quarter of 2007 and $9.4 million in the first half of 2007, compared with earnings of

$1.6 million in the second quarter of 2006 and $5.8 million in the first half of 2006.  Improved 2007 results were due to higher sales and the impact of WMECO’s distribution rate settlement that took effect January 1, 2007.

Overall, kilowatt-hour sales were up 1.6 percent in the second quarter of 2007, compared with the second quarter of 2006, and up 1.7 percent during the first half of the year, compared with the same period of 2006.  On a weather-adjusted basis, electric sales were up 1.2 percent in the second quarter and up 0.8 percent through the first six months of 2007.

Yankee Gas Services Company earned $0.3 million in the second quarter of 2007 and $13.9 million in the first half of 2007, compared with a loss of $0.1 million in the second quarter of 2006 and a profit of $11.7 million in the first half of 2006.  The improved year-to-date results were largely due to an 11.0 percent increase in firm sales resulting primarily from a colder heating season in 2007, compared with 2006.

Shivery noted that second half 2007 results will benefit from two recently approved rate settlements, both of which were effective on July 1, 2007.  On that date, PSNH raised its distribution and transmission charges by $46.6 million annually, reflecting a rate settlement reached earlier this year with the New Hampshire Public Utilities Commission and Office of Consumer Advocate staff representatives.  Overall PSNH customer bills fell by 0.4 percent in July, however, due to a concurrent decrease in generation-related charges.

Also on July 1, 2007, Yankee Gas raised its overall annualized rates by $22.1 million as a result of regulatory approval of a settlement with the Prosecutorial Division of the Connecticut Department of Public Utility Control and Office of Consumer Counsel staff.  Shivery said the rate change reflects the benefits and costs of Yankee’s $108 million liquefied natural gas (LNG) storage facility in Waterbury, Connecticut, which was completed in July and is now being filled with LNG for winter use.  

Competitive businesses

NU Enterprises, Inc. (NUEI), the holding company for NU’s competitive businesses, where remaining contracts continue to expire or be closed out, earned $2.5 million in the second quarter of 2007 and $7.4 million in the first half of 2007, compared with losses of $14.3 million in the second quarter of 2006 and $76.9 million in the first half of 2006.  NUEI’s losses in 2006 were primarily due to its retail marketing business, which was sold in June 2006.

Parent and other NU subsidiaries

NU Parent and other service companies earned $1.5 million in the second quarter of 2007 and

$7.6 million in the first half of 2007, compared with earnings of $3.0 million in the second quarter of 2006 and $0.9 million in the first half of 2006.  The decline in second quarter earnings from 2006 to 2007 was primarily attributable to a $2 million gain NU recorded in the second quarter of 2006 related to the sale of a telecommunications investment.  Improved year-to-date results were due to interest earned on cash the parent received from the November 2006 sale of NU’s competitive generation and continued to hold in the first half of 2007.

2007 Earnings Guidance

NU today affirmed its 2007 consolidated earnings guidance of between $1.30 per share and $1.55 per share, including earnings at NU’s electric and natural gas distribution and regulated electric generation segments of between $0.80 per share and $0.90 per share and earnings at the transmission segments of between $0.50 per share and $0.60 per share.  NU also projects parent company earnings of between $0.00 and $0.05 per share in 2007 and modestly positive results at its remaining competitive businesses in 2007, excluding the impact of marking to market its decreasing number of wholesale electricity contracts.  Mark-to-market losses of $1.2 million are included in NUEI’s $7.4 million of earnings in the first half of 2007.

The following table reconciles 2007 and 2006 second-quarter and first half results:  

		Second Quarter	First Six Months
2006	Reported EPS	$0.14	$0.08
	Competitive business loss in 2006	$0.10	$0.50
	Regulated and Parent EPS in 2006	$0.24	$0.58
	Improved transmission earnings in 2007	$0.06	$0.08
	Improved regulated distribution and generation earnings in 2007	$0.01	$0.04
	Improved/(Lower) Parent/other results in 2007	($0.01)	$0.05
	Regulated and Parent EPS in 2007	$0.30	$0.75
	Competitive business results in 2007	$0.01	$0.05
2007	Reported EPS	$0.31	$0.80

Financial results for the second quarter and first half of 2007 and 2006 are noted below.

Three months ended:

(in millions)	June 30, 2007	June 30, 2006	Increase (Decrease)
CL&P Distribution	$7.0	$6.4	$0.6
PSNH Distribution/Generation	$12.6	$12.9	($0.3)
WMECO Distribution	$3.5	$1.6	$1.9
Yankee Gas	$0.3	($0.1)	$0.4
Total—Distribution/ Regulated Generation	$23.4	$20.8	$2.6
CL&P Transmission	$17.4	$9.7	$7.7
PSNH Transmission	$2.6	$2.0	$0.6
WMECO Transmission	$1.1	$1.0	$0.1
Total—Transmission	$21.1	$12.7	$8.4
Total—Regulated Businesses	$44.5	$33.5	$11.0
NU Parent and Other Affiliates	$1.5	$3.0	($1.5)
Total—Regulated and Parent	$46.0	$36.5	$9.5
Total—Competitive	$2.5	($14.3)	$16.8
Reported Earnings	$48.5	$22.2	$26.3

Six months ended:

(in millions)	June 30, 2007	June 30, 2006	Increase (Decrease)
CL&P Distribution	$27.6	$29.8	($2.2)
PSNH Distribution/Generation	$20.7	$15.4	$5.3
WMECO Distribution	$9.4	$5.8	$3.6
Yankee Gas	$13.9	$11.7	$2.2
Total—Distribution/ Regulated Generation	$71.6	$62.7	$8.9
CL&P Transmission	$30.4	$18.8	$11.6
PSNH Transmission	$4.5	$4.6	($0.1)
WMECO Transmission	$2.1	$2.0	$0.1
Total—Transmission	$37.0	$25.4	$11.6
Total—Regulated Businesses	$108.6	$88.1	$20.5
NU Parent and Other Affiliates	$7.6	$0.9	$6.7
Total—Regulated and Parent	$116.2	$89.0	$27.2
Total Competitive	$7.4	($76.9)	$84.3
Reported Earnings	$123.6	$12.1	$111.5

NU has approximately 155 million common shares outstanding.  It operates New England’s largest energy delivery system, serving more than 2 million customers in Connecticut, New Hampshire and Massachusetts.

This news release includes statements concerning NU’s expectations, plans, objectives, future financial performance and other statements that are not historical facts.  These statements are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  In some cases, readers can identify these forward-looking statements by words such as “estimate”, “expect”, “anticipate”, “intend”, “plan”, “believe”, “forecast”, “should”, “could”, and similar expressions.  Forward-looking statements involve risks and uncertainties that may cause actual results or outcomes to differ materially from those included in the forward-looking statements.  Factors that may cause actual results to differ materially from those included in the forward-looking statements include, but are not limited to, actions or inactions by l ocal, state and federal regulatory bodies; competition and industry restructuring; changes in economic conditions; changes in weather patterns; changes in laws, regulations or regulatory policy; changes in levels or timing of capital expenditures; developments in legal or public policy doctrines; technological developments; changes in accounting standards and financial reporting regulations; fluctuations in the value of our remaining competitive electricity positions; actions of rating agencies; subsequent recognition, derecognition and measurement of tax positions; and other presently unknown or unforeseen factors. Other risk factors are detailed from time to time in our reports to the Securities and Exchange Commission.  Any forward looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update the information contained in any forward-looking statements to reflect developments or circumstances occurring after the statement is made.

#  #  #  #

Note:  NU will webcast an investor call Friday, August 3 at 10 a.m. Eastern Daylight Time.  The call can be accessed through NU’s website at www.nu.com.

EX-99

NORTHEAST UTILITIES AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
	June 30,	December 31,
	2007	2006
	(Thousands of Dollars)
ASSETS
Current Assets:
Cash and cash equivalents	$                  138,823	$                  481,911
Special deposits	32,050	48,524
Investments in securitizable assets	343,891	375,655
Receivables, less provision for uncollectible
accounts of $20,041 in 2007 and $22,369 in 2006	309,985	361,201
Unbilled revenues	76,734	88,170
Taxes receivable	7,815	-
Fuel, materials and supplies	186,017	173,882
Marketable securities - current	66,090	67,546
Derivative assets - current	107,976	88,857
Prepayments and other	36,241	45,305
	1,305,622	1,731,051
Property, Plant and Equipment:
Electric utility	7,263,323	7,129,526
Gas utility	933,578	858,961
Other	309,463	299,389
	8,506,364	8,287,876
Less: Accumulated depreciation: $2,448,825 for electric
and gas utility and $175,672 for other in 2007;
$2,440,544 for electric and gas utility and
$174,562 for other in 2006	2,624,497	2,615,106
	5,881,867	5,672,770
Construction work in progress	763,677	569,416
	6,645,544	6,242,186
Deferred Debits and Other Assets:
Regulatory assets	2,212,004	2,449,132
Goodwill	287,591	287,591
Prepaid pension	105,376	21,647
Marketable securities - long-term	58,143	50,843
Derivative assets - long-term	283,399	271,755
Other	228,071	249,031
	3,174,584	3,329,999
Total Assets	$             11,125,750	$             11,303,236
The data contained in this report is preliminary and is unaudited.  This report is being submitted for the sole
purpose of providing information to present shareholders about Northeast Utilities and Subsidiaries and is
not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

NORTHEAST UTILITIES AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
	June 30,	December 31,
	2007	2006
	(Thousands of Dollars)
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Long-term debt - current portion	$                  154,286	$                      4,877
Accounts payable	505,242	569,940
Accrued taxes	-	364,659
Accrued interest	63,265	53,782
Derivative liabilities - current	99,188	125,843
Counterparty deposits	2,600	148
Other	241,760	244,586
	1,066,341	1,363,835
Rate Reduction Bonds	1,067,403	1,177,158
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes	1,051,114	1,099,433
Accumulated deferred investment tax credits	30,636	32,427
Deferred contractual obligations	248,039	271,528
Regulatory liabilities	875,780	809,324
Derivative liabilities - long-term	114,125	148,557
Accrued postretirement benefits	189,927	203,320
Other	390,330	322,840
	2,899,951	2,887,429
Capitalization:
Long-Term Debt	3,152,753	2,960,435
Preferred Stock of Subsidiary - Non-Redeemable	116,200	116,200
Common Shareholders' Equity:
Common shares, $5 par value - authorized
225,000,000 shares; 175,895,458 shares issued
and 154,856,609 shares outstanding in 2007 and
175,420,239 shares issued and 154,233,141 shares
outstanding in 2006	879,477	877,101
Capital surplus, paid in	1,460,851	1,449,586
Deferred contribution plan - employee stock
ownership plan	(30,846)	(34,766)
Retained earnings	864,598	862,660
Accumulated other comprehensive income	10,549	4,498
Treasury stock, 19,705,353 shares in 2007
and 19,684,249 shares in 2006	(361,527)	(360,900)
Common Shareholders' Equity	2,823,102	2,798,179
Total Capitalization	6,092,055	5,874,814
Total Liabilities and Capitalization	$             11,125,750	$             11,303,236
The data contained in this report is preliminary and is unaudited.  This report is being submitted for the sole
purpose of providing information to present shareholders about Northeast Utilities and Subsidiaries and is
not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

NORTHEAST UTILITIES AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2007	2006	2007	2006
	(Thousands of Dollars, except share information)
Operating Revenues	$  1,392,053	$  1,661,061	$   3,096,346	$   3,808,449
Operating Expenses:
Operation -
Fuel, purchased and net interchange power	804,802	1,109,671	1,875,288	2,653,701
Other	245,643	268,583	483,778	578,315
Restructuring and impairment charges	-	3,282	193	8,425
Maintenance	59,848	49,200	105,845	87,621
Depreciation	63,420	59,656	126,889	118,485
Amortization	(3,453)	(1,078)	2,770	57,394
Amortization of rate reduction bonds	47,114	43,997	98,913	92,675
Taxes other than income taxes	57,360	54,442	129,950	130,867
Total operating expenses	1,274,734	1,587,753	2,823,626	3,727,483
Operating Income	117,319	73,308	272,720	80,966
Interest Expense:
Interest on long-term debt	40,234	34,250	76,447	67,821
Interest on rate reduction bonds	15,839	18,982	32,189	38,863
Other interest	3,451	7,626	10,154	13,626
Interest expense, net	59,524	60,858	118,790	120,310
Other Income, Net	11,873	12,159	25,942	26,363
Income/(Loss) from Continuing Operations Before
Income Tax Expense/(Benefit)	69,668	24,609	179,872	(12,981)
Income Tax Expense/(Benefit)	22,086	8,920	54,664	(9,385)
Income/(Loss) from Continuing Operations Before
Preferred Dividends of Subsidiary	47,582	15,689	125,208	(3,596)
Preferred Dividends of Subsidiary	1,389	1,389	2,779	2,779
Income/(Loss) from Continuing Operations	46,193	14,300	122,429	(6,375)
Discontinued Operations:
Income from Discontinued Operations	-	20,364	-	38,847
Gains/(Losses) from Sale/Disposition of Discontinued Operations	3,925	(5,578)	2,017	(6,478)
Income Tax Expense	1,565	6,844	799	13,858
Income from Discontinued Operations	2,360	7,942	1,218	18,511
Net Income	$       48,553	$       22,242	$      123,647	$        12,136
Basic and Fully Diluted Earnings/(Loss) Per Common Share:
Income/(Loss) from Continuing Operations	$           0.30	$           0.09	$            0.79	$          (0.04)
Income from Discontinued Operations	0.01	0.05	0.01	0.12
Basic and Fully Diluted Earnings Per Common Share	$           0.31	$           0.14	$            0.80	$            0.08
Basic Common Shares Outstanding (weighted average)	154,729,676	153,628,709	154,539,678	153,535,675
Fully Diluted Common Shares Outstanding (weighted average)	155,213,094	153,922,635	155,102,672	153,809,133
The data contained in this report is preliminary and is unaudited.  This report is being submitted for the sole purpose of providing information to present shareholders about Northeast Utilities and Subsidiaries and its not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.

NORTHEAST UTILITIES AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
	Six Months Ended
	June 30,
	2007	2006
	(Thousands of Dollars)
Operating Activities:
Net income	$               123,647	$                 12,136
Adjustments to reconcile to net cash flows
(used in)/provided by operating activities:
Bad debt expense	12,917	21,181
Depreciation	126,889	121,445
Deferred income taxes	(10,158)	168,525
Amortization	2,770	57,394
Amortization of rate reduction bonds	98,913	92,675
Amortization/(deferral) of recoverable energy costs	6,248	(7,616)
Pension expense, net of capitalized portion	10,388	18,454
Regulatory overrecoveries/(refunds)	64,174	(141,968)
Derivative assets and liabilities	(36,830)	(57,102)
Deferred contractual obligations	(23,489)	(50,282)
Other non-cash adjustments	(2,989)	(20,545)
Other sources of cash	-	22,147
Other uses of cash	(35,019)	(5,548)
Changes in current assets and liabilities:
Receivables and unbilled revenues, net	56,248	543,368
Fuel, materials and supplies	(12,135)	33,108
Investments in securitizable assets	17,674	(19,330)
Other current assets	7,177	11,664
Accounts payable	(67,312)	(408,632)
Counterparty deposits and margin special deposits	18,926	63,299
Taxes receivable and accrued taxes	(372,867)	(220,875)
Other current liabilities	(22,672)	(20,351)
Net cash flows (used in)/provided by operating activities	(37,500)	213,147
Investing Activities:
Investments in property and plant	(491,137)	(380,703)
Cash payment related to the sale of competitive businesses	(1,908)	(19,429)
Proceeds from sales of investment securities	101,113	84,695
Purchases of investment securities	(103,902)	(79,903)
Other investing activities	10,517	(989)
Net cash flows used in investing activities	(485,317)	(396,329)
Financing Activities:
Issuance of common shares	8,520	4,068
Issuance of long-term debt	345,000	250,000
Retirement of rate reduction bonds	(109,755)	(103,327)
Increase in short-term debt	-	99,000
Reacquisitions and retirements of long-term debt	(4,877)	(10,631)
Cash dividends on common shares	(58,502)	(54,025)
Other financing activities	(657)	1,059
Net cash flows provided by financing activities	179,729	186,144
Net (decrease)/increase in cash and cash equivalents	(343,088)	2,962
Cash and cash equivalents - beginning of period	481,911	45,782
Cash and cash equivalents - end of period	$               138,823	$                 48,744
The data contained in this report is preliminary and is unaudited.  This report is being submitted for the sole
purpose of providing information to present shareholders about Northeast Utilities and Subsidiaries and is
not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.