Exhibit 99.2

NORTHEAST UTILITIES AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

	September 30, 2007		December 31, 2006
	(Thousands of Dollars)
ASSETS
Current Assets:
Cash and cash equivalents	$	207,653	$	481,911
Special deposits		31,919		48,524
Investments in securitizable assets		339,309		375,655
Receivables, less provision for uncollectible accounts of $18,924 in 2007 and $22,369 in 2006		326,900		361,201
Unbilled revenues		70,515		88,170
Fuel, materials and supplies		231,163		173,882
Marketable securities—current		67,781		67,546
Derivative assets—current		93,118		88,857
Prepayments and other		47,273		45,305
		1,415,631		1,731,051
Property, Plant and Equipment:
Electric utility		7,312,198		7,129,526
Gas utility		968,235		858,961
Other		307,835		299,389
		8,588,268		8,287,876
Less: Accumulated depreciation: $2,466,190 for electric and gas utility and $176,395 for other in 2007; $2,440,544 for electric and gas utility and $174,562 for other in 2006		2,642,585		2,615,106
		5,945,683		5,672,770
Construction work in progress		931,358		569,416
		6,877,041		6,242,186
Deferred Debits and Other Assets:
Regulatory assets		2,101,115		2,449,132
Goodwill		287,591		287,591
Prepaid pension		108,988		21,647
Marketable securities—long-term		56,733		50,843
Derivative assets—long-term		264,723		271,755
Other		227,162		249,031
		3,046,312		3,329,999
Total Assets	$	11,338,984	$	11,303,236

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

NORTHEAST UTILITIES AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

	September 30, 2007			December 31, 2006
	(Thousands of Dollars)
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Long-term debt - current portion	$	154,286		$	4,877
Accounts payable		506,990			569,940
Accrued taxes		21,150			364,659
Accrued interest		73,709			53,782
Derivative liabilities - current		90,921			125,843
Other		201,400			244,734
		1,048,456			1,363,835
Rate Reduction Bonds		1,015,232			1,177,158
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes		1,029,796			1,099,433
Accumulated deferred investment tax credits		29,740			32,427
Deferred contractual obligations		238,768			271,528
Regulatory liabilities		857,048			809,324
Derivative liabilities—long-term		104,619			148,557
Accrued postretirement benefits		172,423			203,320
Other		379,156			322,840
		2,811,550			2,887,429
Capitalization:
Long-Term Debt		3,473,523			2,960,435
Preferred Stock of Subsidiary - Non-Redeemable		116,200			116,200
Common Shareholders’ Equity:
Common shares, $5 par value - authorized
225,000,000 shares; 175,920,879 shares issued and 154,983,295 shares outstanding in 2007 and 175,420,239 shares issued and 154,233,141 shares outstanding in 2006		879,604			877,101
Capital surplus, paid in		1,463,520			1,449,586
Deferred contribution plan—employee stock ownership plan		(28,501	)		(34,766	)
Retained earnings		914,622			862,660
Accumulated other comprehensive income		6,305			4,498
Treasury stock, 19,705,353 shares in 2007 and 19,684,249 shares in 2006		(361,527	)		(360,900	)
Common Shareholders’ Equity		2,874,023			2,798,179
Total Capitalization		6,463,746			5,874,814
Total Liabilities and Capitalization	$	11,338,984		$	11,303,236

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

NORTHEAST UTILITIES AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2007			2006			2007		2006
	(Thousands of Dollars, except share information)
Operating Revenues	$	1,451,080		$	1,592,784		$	4,547,426	$	5,401,233
Operating Expenses:
Operation -
Fuel, purchased and net interchange power		881,234			1,046,184			2,756,522		3,699,885
Other		195,237			248,956			679,015		827,278
Restructuring and impairment charges		—			1,287			193		9,712
Maintenance		53,858			55,918			159,703		143,539
Depreciation		64,522			61,355			191,393		179,840
Amortization		17,007			(8,639	)		19,795		48,755
Amortization of rate reduction bonds		52,403			49,161			151,316		141,836
Taxes other than income taxes		63,485			62,179			193,435		193,046
Total operating expenses		1,327,746			1,516,401			4,151,372		5,243,891
Operating Income		123,334			76,383			396,054		157,342
Interest Expense:
Interest on long-term debt		41,706			37,448			118,153		105,269
Interest on rate reduction bonds		15,111			18,197			47,300		57,060
Other interest		4,907			4,479			15,061		18,105
Interest expense, net		61,724			60,124			180,514		180,434
Other Income, Net		10,734			12,081			36,676		38,451
Income from Continuing Operations Before Income Tax Expense/(Benefit)		72,344			28,340			252,216		15,359
Income Tax Expense/(Benefit)		20,778			(75,702	)		75,442		(85,087	)
Income from Continuing Operations Before Preferred Dividends of Subsidiary		51,566			104,042			176,774		100,446
Preferred Dividends of Subsidiary		1,390			1,390			4,169		4,169
Income from Continuing Operations		50,176			102,652			172,605		96,277
Discontinued Operations:
Income from Discontinued Operations		—			15,945			—		54,792
(Losses)/Gains from Sale/Disposition of Discontinued Operations		(90	)		(1,605	)		1,927		(8,083	)
Income Tax (Benefit)/Expense		(38	)		5,543			761		19,401
(Loss)/Income from Discontinued Operations		(52	)		8,797			1,166		27,308
Net Income	$	50,124		$	111,449		$	173,771	$	123,585
Basic and Fully Diluted Earnings Per Common Share:
Income from Continuing Operations	$	0.32		$	0.67		$	1.12	$	0.63
Income from Discontinued Operations		—			0.05			—		0.17
Basic and Fully Diluted Earnings Per Common Share	$	0.32		$	0.72		$	1.12	$	0.80
Basic Common Shares Outstanding (weighted average)		154,930,930			153,883,480			154,672,270		153,651,610
Fully Diluted Common Shares Outstanding (weighted average)		155,420,239			154,320,675			155,210,704		154,036,770

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

NORTHEAST UTILITIES AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	Nine Months Ended September 30,
	2007			2006
	(Thousands of Dollars)
Operating Activities:
Net income	$	173,771		$	123,585
Adjustments to reconcile to net cash flows provided by operating activities:
Bad debt expense		19,983			25,665
Depreciation		191,393			182,752
Deferred income taxes		(41,144	)		130,432
Amortization		19,795			48,755
Amortization of rate reduction bonds		151,316			141,836
Amortization of recoverable energy costs		1,494			6,481
Pension expense, net of capitalized portion		13,776			20,626
Regulatory overrecoveries/(refunds)		95,766			(150,541	)
Derivative assets and liabilities		(31,641	)		(78,422	)
Deferred contractual obligations		(32,760	)		(72,255	)
Other non-cash adjustments		(2,561	)		940
Other sources of cash		—			9,375
Other uses of cash		(33,101	)		(17,398	)
Changes in current assets and liabilities:
Receivables and unbilled revenues, net		43,511			658,768
Fuel, materials and supplies		(57,281	)		14,831
Investments in securitizable assets		18,137			(20,284	)
Other current assets		(6,483	)		23,533
Accounts payable		(91,473	)		(461,183	)
Counterparty deposits and margin special deposits		20,858			38,842
Taxes receivable and accrued taxes		(350,529	)		(245,009	)
Other current liabilities		(34,676	)		(1,063	)
Net cash flows provided by operating activities		68,151			380,266
Investing Activities:
Investments in property and plant		(750,231	)		(600,302	)
Cash payments related to the sale of competitive businesses		(1,908	)		(19,429	)
Proceeds from sales of investment securities		196,083			127,010
Purchases of investment securities		(199,964	)		(123,319	)
Rate reduction bond escrow		3,372			(54,357	)
Other investing activities		7,968			3,874
Net cash flows used in investing activities		(744,680	)		(666,523	)
Financing Activities:
Issuance of common shares		8,988			6,310
Issuance of long-term debt		655,000			250,000
Retirement of rate reduction bonds		(161,926	)		(117,947	)
Increase in short-term debt		—			246,000
Reacquisitions and retirements of long-term debt		(4,877	)		(11,053	)
Cash dividends on common shares		(89,745	)		(83,560	)
Other financing activities		(5,169	)		1,180
Net cash flows provided by financing activities		402,271			290,930
Net (decrease)/increase in cash and cash equivalents		(274,258	)		4,673
Cash and cash equivalents - beginning of period		481,911			45,782
Cash and cash equivalents - end of period	$	207,653		$	50,455

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