EX-99.2 3 tm2314460d1_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)  2023   2022 
Operating Revenues  $3,795,643   $3,471,310 
           
Operating Expenses:          
Purchased Power, Purchased Natural Gas and Transmission   1,903,246    1,389,696 
Operations and Maintenance   454,562    472,433 
Depreciation   312,955    289,330 
Amortization   (76,059)   236,948 
Energy Efficiency Programs   222,952    199,484 
Taxes Other Than Income Taxes   228,414    220,364 
Total Operating Expenses   3,046,070    2,808,255 
Operating Income   749,573    663,055 
Interest Expense   194,543    153,245 
Other Income, Net   88,981    71,561 
Income Before Income Tax Expense   644,011    581,371 
Income Tax Expense   150,972    136,045 
Net Income   493,039    445,326 
Net Income Attributable to Noncontrolling Interests   1,880    1,880 
Net Income Attributable to Common Shareholders  $491,159   $443,446 
           
Basic and Diluted Earnings Per Common Share  $1.41   $1.28 
           
Weighted Average Common Shares Outstanding:          
Basic   349,217,147    345,156,346 
Diluted   349,612,013    345,661,133 

 

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to 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.