EX-99.2 3 tm2115513d1_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)  2021   2020 
Operating Revenues  $2,825,840   $2,373,726 
           
Operating Expenses:          
Purchased Power, Fuel and Transmission   998,491    876,570 
Operations and Maintenance   465,542    342,062 
Depreciation   270,704    236,211 
Amortization   108,013    49,776 
Energy Efficiency Programs   188,063    148,393 
Taxes Other Than Income Taxes   209,459    181,594 
Total Operating Expenses   2,240,272    1,834,606 
Operating Income   585,568    539,120 
Interest Expense   137,766    134,715 
Other Income, Net   34,201    24,104 
Income Before Income Tax Expense   482,003    428,509 
Income Tax Expense   113,980    91,876 
Net Income   368,023    336,633 
Net Income Attributable to Noncontrolling Interests   1,880    1,880 
Net Income Attributable to Common Shareholders  $366,143   $334,753 
           
Basic Earnings Per Common Share  $1.07   $1.01 
           
Diluted Earnings Per Common Share  $1.06   $1.01 
           
Weighted Average Common Shares Outstanding:          
Basic   343,678,243    331,102,237 
Diluted   344,334,689    332,937,153 

 

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.