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Consolidated Statements of Income - HECO (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Other income    
Allowance for equity funds used during construction $ 1,940 $ 1,244
Interest and other charges    
Allowance for borrowed funds used during construction (870) (520)
Net income 38,789 28,935
Preferred stock dividends of subsidiaries 473 473
Net income for common stock 38,316 28,462
Hawaiian Electric Company, Inc. and Subsidiaries
   
Operating revenues 747,938 644,301
Operating expenses    
Fuel oil 327,839 260,860
Purchased power 164,789 147,958
Other operation 61,849 65,531
Maintenance 30,038 29,196
Depreciation 36,482 36,432
Taxes, other than income taxes 70,995 59,995
Income taxes 17,365 11,610
Total operating expenses 709,357 611,582
Operating income 38,581 32,719
Other income    
Allowance for equity funds used during construction 1,940 1,244
Other, net 1,265 910
Total other income 3,205 2,154
Interest and other charges    
Interest on long-term debt 14,383 14,383
Amortization of net bond premium and expense 745 783
Other interest charges (credits) (271) 539
Allowance for borrowed funds used during construction (870) (520)
Total interest and other charges 13,987 15,185
Net income 27,799 19,688
Preferred stock dividends of subsidiaries 229 229
Net income attributable to HECO 27,570 19,459
Preferred stock dividends of HECO 270 270
Net income for common stock $ 27,300 $ 19,189