EX-99 4 a201810kearningsrelease-8k.htm BROKER'S STATEMENT Document

Exhibit 99.2


EVERSOURCE ENERGY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
 
For the Three Months Ended December 31,
(Thousands of Dollars, Except Share Information)
2018
2017
Operating Revenues
$
2,034,958

$
1,895,494

Operating Expenses:
 
 
Purchased Power, Fuel and Transmission
696,017

580,142

Operations and Maintenance
364,333

350,778

Depreciation
207,853

202,651

Amortization
77,917

31,927

Energy Efficiency Programs
106,218

89,074

Taxes Other Than Income Taxes
182,597

197,109

Total Operating Expenses
1,634,935

1,451,681

Operating Income
400,023

443,813

Interest Expense
126,072

102,278

Other Income, Net
27,710

28,735

Income Before Income Tax Expense
301,661

370,270

Income Tax Expense
68,475

130,971

Net Income
233,186

239,299

Net Income Attributable to Noncontrolling Interests
1,880

1,880

Net Income Attributable to Common Shareholders
$
231,306

$
237,419

Basic and Diluted Earnings Per Common Share
$
0.73

$
0.75

Weighted Average Common Shares Outstanding:
 
 
Basic
317,379,717

317,396,842

Diluted
318,130,237

318,105,193


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.






EVERSOURCE ENERGY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
 
For the Years Ended December 31,
(Thousands of Dollars, Except Share Information)
2018
2017
2016
Operating Revenues
$
8,448,201

$
7,751,952

$
7,639,129

Operating Expenses:
 
 
 
Purchased Power, Fuel and Transmission
3,138,969

2,535,271

2,500,828

Operations and Maintenance
1,335,213

1,307,052

1,342,134

Depreciation
819,930

773,802

715,466

Amortization
252,026

89,986

71,696

Energy Efficiency Programs
472,380

480,835

533,659

Taxes Other Than Income Taxes
729,753

676,757

634,072

Total Operating Expenses
6,748,271

5,863,703

5,797,855

Operating Income
1,699,930

1,888,249

1,841,274

Interest Expense
498,805

421,755

400,961

Other Income, Net
128,366

107,913

64,505

Income Before Income Tax Expense
1,329,491

1,574,407

1,504,818

Income Tax Expense
288,972

578,892

554,997

Net Income
1,040,519

995,515

949,821

Net Income Attributable to Noncontrolling Interests
7,519

7,519

7,519

Net Income Attributable to Common Shareholders
$
1,033,000

$
987,996

$
942,302

Basic Earnings Per Common Share
$
3.25

$
3.11

$
2.97

Diluted Earnings Per Common Share
$
3.25

$
3.11

$
2.96

Weighted Average Common Shares Outstanding:
 
 
 
Basic
317,370,369

317,411,097

317,650,180

Diluted
317,993,934

318,031,580

318,454,239


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.