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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 210,381 $ 278,452
Accounts receivable and unbilled revenues, net 249,539 237,950
Available-for-sale investment securities, at fair value 1,302,886 1,105,182
Stock in Federal Home Loan Bank, at cost 11,706 11,218
Loans receivable held for investment, net 4,688,278 4,683,160
Loans held for sale, at lower of cost or fair value 5,261 18,817
Property, plant and equipment, net of accumulated depreciation 4,726,524 4,603,465
Regulatory assets 938,277 957,451
Other 478,763 447,621
Goodwill 82,190 82,190
Utility property, plant and equipment    
Total property, plant and equipment, net 4,726,524 4,603,465
Current assets    
Cash and cash equivalents 210,381 278,452
Other long-term assets    
Total assets 12,693,805 12,425,506
Liabilities    
Accounts payable 194,755 143,279
Interest and dividends payable 22,124 25,225
Deposit liabilities 5,724,386 5,548,929
Short-term borrowings—other than bank 49,789 0
Other bank borrowings 188,130 192,618
Long-term debt, net—other than bank 1,618,647 1,619,019
Deferred income taxes 750,413 728,806
Regulatory liabilities 431,630 410,693
Contributions in aid of construction 543,204 543,525
Defined benefit pension and other postretirement benefit plans liability 626,795 638,854
Other 434,610 473,512
Total liabilities 10,584,483 10,324,460
Capitalization    
Retained earnings 444,400 438,972
Accumulated other comprehensive loss, net of tax benefits (29,774) (33,129)
Total shareholders’ equity 2,075,029 2,066,753
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 0 0
Preferred stock of subsidiaries - not subject to mandatory redemption 34,293 34,293
Commitments and contingencies
Current liabilities    
Interest and dividends payable 22,124 25,225
Deferred credits and other liabilities    
Deferred income taxes 750,413 728,806
Contributions in aid of construction 543,204 543,525
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 0 0
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 108,785,486 shares and 108,583,413 shares at June 30, 2017 and December 31, 2016, respectively 1,660,403 1,660,910
Retained earnings 444,400 438,972
Accumulated other comprehensive loss, net of tax benefits (29,774) (33,129)
Total shareholders’ equity 2,075,029 2,066,753
Total liabilities and shareholders’ equity 12,693,805 12,425,506
Hawaiian Electric Company, Inc. and Subsidiaries    
Assets    
Cash and cash equivalents 42,582 74,286
Property, plant and equipment, net of accumulated depreciation 4,614,347 4,508,752
Utility property, plant and equipment    
Land 53,178 53,153
Plant and equipment 6,711,418 6,605,732
Less accumulated depreciation (2,430,097) (2,369,282)
Construction in progress 272,438 211,742
Utility property, plant and equipment, net 4,606,937 4,501,345
Nonutility property, plant and equipment, less accumulated depreciation 7,410 7,407
Total property, plant and equipment, net 4,614,347 4,508,752
Current assets    
Cash and cash equivalents 42,582 74,286
Customer accounts receivable, net 126,161 123,688
Accrued unbilled revenues, net 103,596 91,693
Other accounts receivable, net 3,684 5,233
Fuel oil stock, at average cost 72,392 66,430
Materials and supplies, at average cost 57,099 53,679
Prepayments and other 36,340 23,100
Regulatory assets 74,167 66,032
Total current assets 516,021 504,141
Other long-term assets    
Regulatory assets 864,110 891,419
Unamortized debt expense 690 208
Other 75,987 70,908
Other 940,787 962,535
Total assets 6,071,155 5,975,428
Liabilities    
Interest and dividends payable 19,497 22,838
Deferred income taxes 759,972 733,659
Contributions in aid of construction 543,204 543,525
Capitalization    
Common stock ($6 2/3 par value, authorized 50,000,000 shares; outstanding 16,019,785 shares at June 30, 2017 and December 31, 2016) 106,818 106,818
Premium on capital stock 601,486 601,491
Retained earnings 1,095,025 1,091,800
Accumulated other comprehensive loss, net of tax benefits 177 (322)
Total shareholders’ equity 1,803,506 1,799,787
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Long-term debt, net 1,318,845 1,319,260
Total capitalization 3,156,644 3,153,340
Commitments and contingencies
Current liabilities    
Short-term borrowings from non-affiliates 43,990 0
Accounts payable 162,375 117,814
Interest and dividends payable 19,497 22,838
Taxes accrued 142,263 172,730
Regulatory liabilities 2,883 3,762
Other 53,140 55,221
Total current liabilities 424,148 372,365
Deferred credits and other liabilities    
Deferred income taxes 759,972 733,659
Regulatory liabilities 428,747 406,931
Unamortized tax credits 91,386 88,961
Defined benefit pension and other postretirement benefit plans liability 587,718 599,726
Other 79,336 76,921
Total deferred credits and other liabilities 1,947,159 1,906,198
Contributions in aid of construction 543,204 543,525
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 34,293 34,293
Retained earnings 1,095,025 1,091,800
Accumulated other comprehensive loss, net of tax benefits 177 (322)
Total shareholders’ equity 1,803,506 1,799,787
Total liabilities and shareholders’ equity $ 6,071,155 $ 5,975,428