SCHEDULE I

EVERSOURCE ENERGY (PARENT)

FINANCIAL INFORMATION OF REGISTRANT

BALANCE SHEETS

AS OF DECEMBER 31, 2018 AND 2017

(Thousands of Dollars)



	2018			2017
ASSETS
Current Assets:
Cash	$	591		$	521
Accounts Receivable from Subsidiaries	32,175			3,397
Dividend Receivable from Subsidiary	—			150,000
Notes Receivable from Subsidiaries	991,400			844,500
Prepayments and Other Current Assets	26,861			18,568
Total Current Assets	1,051,027			1,016,986

Deferred Debits and Other Assets:
Investments in Subsidiary Companies, at Equity	12,009,659			10,945,986
Notes Receivable from Subsidiaries	323,500			312,190
Accumulated Deferred Income Taxes	40,454			47,940
Goodwill	3,231,811			3,231,811
Other Long-Term Assets	73,669			58,313
Total Deferred Debits and Other Assets	15,679,093			14,596,240

Total Assets	$	16,730,120		$	15,613,226

LIABILITIES AND CAPITALIZATION
Current Liabilities:
Notes Payable	$	631,500		$	778,087
Long-Term Debt - Current Portion	378,883			32,114
Accounts Payable	286			292
Accounts Payable to Subsidiaries	8,432			18,242
Other Current Liabilities	57,591			56,601
Total Current Liabilities	1,076,692			885,336

Deferred Credits and Other Liabilities	134,614			118,176

Long-Term Debt	4,031,997			3,523,472

Common Shareholders' Equity:
Common Shares	1,669,392			1,669,392
Capital Surplus, Paid in	6,241,222			6,239,940
Retained Earnings	3,953,974			3,561,084
Accumulated Other Comprehensive Loss	(60,000		)	(66,403		)
Treasury Stock	(317,771		)	(317,771		)
Common Shareholders' Equity	11,486,817			11,086,242

Total Liabilities and Capitalization	$	16,730,120		$	15,613,226

See the Combined Notes to Financial Statements in this Annual Report on Form 10-K for a description of significant accounting matters related to Eversource parent, including Eversource common shares information as described in Note 18, "Common Shares," material obligations and guarantees as described in Note 12, "Commitments and Contingencies," and debt agreements as described in Note 7, "Short-Term Debt," and Note 8, "Long-Term Debt."

SCHEDULE I

EVERSOURCE ENERGY (PARENT)

FINANCIAL INFORMATION OF REGISTRANT

STATEMENTS OF INCOME

FOR THE YEARS ENDED DECEMBER 31, 2018, 2017 AND 2016

(Thousands of Dollars, Except Share Information)



	2018			2017			2016

Operating Revenues	$	—		$	—		$	—

Operating Expenses:
Other	(6,552		)	(32,189		)	(39,453		)
Operating Income	6,552			32,189			39,453
Interest Expense	123,638			80,700			59,420

Other Income, Net:
Equity in Earnings of Subsidiaries	1,049,748			993,063			922,321
Other, Net	47,581			23,339			4,267
Other Income, Net	1,097,329			1,016,402			926,588
Income Before Income Tax Benefit	980,243			967,891			906,621
Income Tax Benefit	(52,757		)	(20,105		)	(35,681		)
Net Income	$	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

STATEMENTS OF COMPREHENSIVE INCOME



	2018			2017			2016

Net Income	$	1,033,000		$	987,996		$	942,302
Other Comprehensive Income/(Loss), Net of Tax:
Qualified Cash Flow Hedging Instruments	1,756			1,974			2,137
Changes in Unrealized (Losses)/Gains on Marketable Securities	(547		)	(350		)	2,294
Change in Funded Status of Pension, SERP and PBOP Benefit Plans	5,194			(2,745		)	(2,869		)
Other Comprehensive Income/(Loss), Net of Tax	6,403			(1,121		)	1,562
Comprehensive Income	$	1,039,403		$	986,875		$	943,864

SCHEDULE I

EVERSOURCE ENERGY (PARENT)

FINANCIAL INFORMATION OF REGISTRANT

STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2018, 2017 and 2016

(Thousands of Dollars)



	2018			2017			2016
Operating Activities:
Net Income	$	1,033,000		$	987,996		$	942,302
Adjustments to Reconcile Net Income to Net Cash
Flows Provided by Operating Activities:
Equity in Earnings of Subsidiaries	(1,049,748		)	(993,063		)	(922,321		)
Cash Dividends Received from Subsidiaries	569,500			753,300			724,877
Deferred Income Taxes	20,032			37,867			19,008
Other	(31,093		)	(36,052		)	(27,963		)
Changes in Current Assets and Liabilities:
Accounts Receivables from Subsidiaries	(28,716		)	29,405			(9,173		)
Taxes Receivable/Accrued, Net	(20,207		)	1,555			8,050
Accounts Payable, Including Affiliate Payables	(9,817		)	9,763			(6,908		)
Other Current Assets and Liabilities, Net	2,553			7,536			(7,433		)
Net Cash Flows Provided by Operating Activities	485,504			798,307			720,439

Investing Activities:
Capital Contributions to Subsidiaries	(955,700		)	(1,156,731		)	(589,500		)
Return of Capital from Subsidiary	530,000			—			—
(Increase)/Decrease in Notes Receivable from Subsidiaries	(158,210		)	(192,100		)	14,510
Other Investing Activities	(1,149		)	1,484			—
Net Cash Flows Used in Investing Activities	(585,059		)	(1,347,347		)	(574,990		)

Financing Activities:
Cash Dividends on Common Shares	(640,110		)	(602,083		)	(564,486		)
Issuance of Long-Term Debt	1,550,000			1,200,000			500,000
Retirements of Long-Term Debt	(450,000		)	—			—
Decrease in Notes Payable	(347,810		)	(42,690		)	(76,453		)
Other Financing Activities	(12,455		)	(5,759		)	(4,484		)
Net Cash Flows Provided by/(Used in) Financing Activities	99,625			549,468			(145,423		)
Net Increase in Cash	70			428			26
Cash - Beginning of Year	521			93			67
Cash - End of Year	$	591		$	521		$	93

Supplemental Cash Flow Information:
Cash Paid/(Received) During the Year for:
Interest	$	118,533		$	73,868		$	58,018
Income Taxes	$	(30,239	)	$	(59,526	)	$	(65,531	)