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Consolidated Statements of Income - HECO (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Operating expenses    
Purchased power  $ 508,000 
Income taxes27,89420,38557,70051,677
Other income    
Allowance for equity funds used during construction1,5701,1974,1314,817
Interest and other charges    
Allowance for borrowed funds used during construction(658)(492)(1,731)(2,061)
Net income48,87532,920105,42290,254
Preferred stock dividends of subsidiaries4714711,4171,417
Net income attributable to HECO  104,00588,837
Net income for common stock48,40432,449104,00588,837
Hawaiian Electric Company, Inc. and Subsidiaries
    
Operating revenues818,907622,2232,190,8601,751,029
Operating expenses    
Fuel oil352,475235,534925,476662,608
Purchased power188,484147,880508,179404,175
Other operation61,41562,665194,334182,163
Maintenance32,33630,61892,80889,894
Depreciation34,98336,277107,673113,568
Taxes, other than income taxes75,35558,317202,502164,278
Income taxes23,86014,81846,63036,972
Total operating expenses768,908586,1092,077,6021,653,658
Operating income49,99936,114113,25897,371
Other income    
Allowance for equity funds used during construction1,5701,1974,1314,817
Other, net1,1705102,9782,123
Total other income2,7401,7077,1096,940
Interest and other charges    
Interest on long-term debt14,38314,38343,14943,149
Amortization of net bond premium and expense7677992,3162,192
Other interest charges(210)6539651,861
Allowance for borrowed funds used during construction(658)(492)(1,731)(2,061)
Total interest and other charges14,28215,34344,69945,141
Net income38,45722,47875,66859,170
Preferred stock dividends of subsidiaries228228686686
Net income attributable to HECO38,22922,25074,98258,484
Preferred stock dividends of HECO270270810810
Net income for common stock$ 37,959$ 21,980$ 74,172$ 57,674