EX-99 4 brokersstatement.htm UNAUDITED STATEMENT OF INCOME Converted by EDGARwiz

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)

2015 

 

2014 

 

 

 

 

 

 

 

 

Operating Revenues

$

 1,691,231 

 

$

1,881,120 

 

 

 

 

 

 

 

 

Operating Expenses:

 

 

 

 

 

 

Purchased Power, Fuel and Transmission

 

 537,098 

 

 

 702,557 

 

Operations and Maintenance

 

351,983 

 

 

 358,574 

 

Depreciation

 

170,467 

 

 

158,433 

 

Amortization of Regulatory Liabilities, Net

 

(20,248)

 

 

 (21,122)

 

Energy Efficiency Programs

 

 115,141 

 

 

 112,898 

 

Taxes Other Than Income Taxes

 

 151,354 

 

 

 139,519 

 

 

Total Operating Expenses

 

1,305,795 

 

 

1,450,859 

Operating Income

 

385,436 

 

 

430,261 

Interest Expense

 

92,785 

 

 

 89,898 

Other Income, Net

 

10,361 

 

 

 5,565 

Income Before Income Tax Expense

 

 303,012 

 

 

 345,928 

Income Tax Expense

 

 119,327 

 

 

 122,440 

Net Income

 

 183,685 

 

 

223,488 

Net Income Attributable to Noncontrolling Interests

 

1,880 

 

 

           1,879 

Net Income Attributable to Common Shareholders

$

181,805 

 

$

221,609 

 

 

 

 

 

 

 

 

Basic and Diluted Earnings Per Common Share

$

0.57 

 

$

 0.69 

 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding:

 

 

 

 

 

 

Basic

 

 317,459,769 

 

 

 316,721,275 

 

Diluted

 

 318,543,188 

 

 

 318,109,809 



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 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)

2015 

 

2014 

 

2013 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

 7,954,827 

 

$

 7,741,856 

 

$

 7,301,204 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses:

 

 

 

 

 

 

 

 

 

Purchased Power, Fuel and Transmission

 

 3,086,905 

 

 

 3,021,550 

 

 

 2,482,954 

 

Operations and Maintenance

 

 1,329,289 

 

 

 1,427,589 

 

 

 1,514,986 

 

Depreciation

 

 665,856 

 

 

 614,657 

 

 

 610,777 

 

Amortization of Regulatory Assets, Net

 

 22,339 

 

 

 10,704 

 

 

 206,322 

 

Amortization of Rate Reduction Bonds

 

 - 

 

 

 - 

 

 

 42,581 

 

Energy Efficiency Programs

 

 495,701 

 

 

 473,127 

 

 

 401,919 

 

Taxes Other Than Income Taxes

 

 590,573 

 

 

 561,380 

 

 

 512,230 

 

 

Total Operating Expenses

 

 6,190,663 

 

 

 6,109,007 

 

 

 5,771,769 

Operating Income

 

 1,764,164 

 

 

 1,632,849 

 

 

 1,529,435 

Interest Expense

 

 372,420 

 

 

 362,106 

 

 

 338,699 

Other Income, Net

 

 34,227 

 

 

 24,619 

 

 

 29,894 

Income Before Income Tax Expense

 

 1,425,971 

 

 

 1,295,362 

 

 

 1,220,630 

Income Tax Expense

 

 539,967 

 

 

 468,297 

 

 

 426,941 

Net Income

 

 886,004 

 

 

 827,065 

 

 

 793,689 

Net Income Attributable to Noncontrolling Interests

 

 7,519 

 

 

 7,519 

 

 

 7,682 

Net Income Attributable to Common Shareholders

$

 878,485 

 

$

 819,546 

 

$

 786,007 

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Common Share

$

 2.77 

 

$

 2.59 

 

$

 2.49 

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Common Share

$

 2.76 

 

$

 2.58 

 

$

 2.49 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 317,336,881 

 

 

 316,136,748 

 

 

 315,311,387 

 

Diluted

 

 318,432,687 

 

 

 317,417,414 

 

 

 316,211,160 



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 Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.