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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM U-3A-2
File No. 69-302
Statement by Holding Company Claiming
Exemption under Rule U-3A-2 from the
Provisions of the Public Utility Holding
Company Act of 1935
FPL GROUP, INC.
Filed on February 27, 2004
Page 1 of 24
FPL Group, Inc. hereby files with the Securities and Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information: |
|
|
|
|
|
FPL Facilities |
Location |
No. of Units |
Fuel |
Net Capability (mw) (a) |
|||||||
Nuclear |
|||||||||||
St. Lucie |
Hutchinson Island, FL |
2 |
Nuclear |
1,553 |
(b) |
||||||
Turkey Point |
Florida City, FL |
2 |
Nuclear |
1,386 |
|||||||
Steam turbines |
|||||||||||
Cape Canaveral |
Cocoa, FL |
2 |
Oil/Gas |
814 |
|||||||
Cutler |
Miami, FL |
2 |
Gas |
206 |
|||||||
Manatee |
Parrish, FL |
2 |
Oil/Gas |
1,628 |
|||||||
Martin |
Indiantown, FL |
2 |
Oil/Gas |
1,649 |
|||||||
Port Everglades |
Port Everglades, FL |
4 |
Oil/Gas |
1,233 |
|||||||
Riviera |
Riviera Beach, FL |
2 |
Oil/Gas |
565 |
|||||||
St. Johns River Power Park |
Jacksonville, FL |
2 |
Coal/Petroleum Coke |
254 |
(c) |
||||||
Sanford |
Lake Monroe, FL |
1 |
Oil/Gas |
138 |
|||||||
Scherer |
Monroe County, GA |
1 |
Coal |
658 |
(d) |
||||||
Turkey Point |
Florida City, FL |
2 |
Oil/Gas |
807 |
|||||||
Combined-cycle |
|||||||||||
Fort Myers |
Fort Myers, FL |
1 |
Gas |
1,423 |
|||||||
Lauderdale |
Dania, FL |
2 |
Gas/Oil |
859 |
|||||||
Martin |
Indiantown, FL |
2 |
Gas |
943 |
|||||||
Putnam |
Palatka, FL |
2 |
Gas/Oil |
498 |
|||||||
Sanford |
Lake Monroe, FL |
2 |
Gas |
1,880 |
|||||||
Simple-cycle combustion turbines |
|||||||||||
Fort Myers |
Fort Myers, FL |
1 |
Gas/Oil |
328 |
|||||||
Martin |
Indiantown, FL |
1 |
Gas/Oil |
314 |
|||||||
Gas turbines/diesels |
|||||||||||
Fort Myers |
Fort Myers, FL |
12 |
Oil |
648 |
|||||||
Lauderdale |
Dania, FL |
24 |
Oil/Gas |
840 |
|||||||
Port Everglades |
Port Everglades, FL |
12 |
Oil/Gas |
420 |
|||||||
Turkey Point |
Florida City, FL |
5 |
Oil |
12 |
|||||||
TOTAL |
19,056 |
(e) |
|||||||||
_____________________ |
(a) |
Represents FPL's net ownership interest in plant capacity. |
(b) |
Excludes Orlando Utilities Commission's and the FMPA's combined share of approximately 15% of St. Lucie Unit No. 2. |
(c) |
Represents FPL's 20% ownership interest in each of St. Johns River Power Park Units Nos. 1 and 2, which are jointly owned with JEA. |
(d) |
Represents FPL's approximately 76% ownership of Scherer Unit No. 4, which is jointly owned with JEA. |
(e) |
Substantially all of FPL's properties are subject to the lien of FPL's mortgage. FPL expects to add 74 mw by mid-2004 as a result of performance efficiencies. After including the 74 mw, FPL's expected net capability to meet summer peak demand in 2004 will be 19,130 mw. |
FPL Energy Facilities |
Location |
No. of Units |
Fuel |
Net Capability (mw) (a) |
|||||||||
Wind |
|||||||||||||
Cabazon |
Riverside County, CA |
53 |
Wind |
40 |
|||||||||
Cerro Gordo (b) |
Cerro Gordo County, IA |
55 |
Wind |
41 |
|||||||||
Delaware Mountain |
Culberson County, TX |
40 |
Wind |
30 |
|||||||||
Gray County |
Gray County, KS |
170 |
Wind |
112 |
|||||||||
Green Mountain |
Somerset County, PA |
8 |
Wind |
10 |
|||||||||
Green Power |
Riverside County, CA |
22 |
Wind |
17 |
|||||||||
Hancock County (b) |
Hancock County, IA |
148 |
Wind |
98 |
|||||||||
High Winds (b) |
Solano County, CA |
90 |
Wind |
162 |
|||||||||
Indian Mesa |
Upton County, TX |
125 |
Wind |
83 |
|||||||||
King Mountain |
Upton County, TX |
215 |
Wind |
281 |
|||||||||
Lake Benton II (b) |
Pipestone County, MN |
138 |
Wind |
104 |
|||||||||
Meyersdale |
Somerset County, PA |
40 |
Wind |
30 |
|||||||||
Mill Run |
Fayette County, PA |
10 |
Wind |
15 |
|||||||||
Montfort (b) |
Iowa County, WI |
20 |
Wind |
30 |
|||||||||
Mountaineer |
Preston & Tucker Counties, WV |
44 |
Wind |
66 |
|||||||||
New Mexico (b) |
Quay & Debaca Counties, NM |
136 |
Wind |
204 |
|||||||||
North Dakota |
LaMoure County, ND |
41 |
Wind |
62 |
|||||||||
Oklahoma / Sooner |
Harper & Woodward Counties, OK |
68 |
Wind |
102 |
|||||||||
Sky River (b) |
Kern County, CA |
342 |
Wind |
77 |
|||||||||
Somerset Wind Power |
Somerset County, PA |
6 |
Wind |
9 |
|||||||||
South Dakota |
Hyde County, SD |
27 |
Wind |
41 |
|||||||||
Southwest Mesa (b) |
Upton & Crockett Counties, TX |
107 |
Wind |
75 |
|||||||||
Stateline (b) |
Umatilla County, OR and Walla County, WA |
454 |
Wind |
300 |
|||||||||
Vansycle |
Umatilla County, OR |
38 |
Wind |
25 |
|||||||||
Victory Garden |
Kern County, CA |
96 |
Wind |
22 |
|||||||||
Waymart |
Wayne County, PA |
43 |
Wind |
65 |
|||||||||
Woodward Mountain |
Upton & Pecos Counties, TX |
242 |
Wind |
160 |
|||||||||
Wyoming |
Uinta County, WY |
80 |
Wind |
144 |
|||||||||
Investments in joint ventures |
Various |
3,797 |
(c) |
314 |
|||||||||
Total Wind |
2,719 |
||||||||||||
Non-Wind Under Long-Term Contract |
|||||||||||||
Doswell (b) |
Ashland, VA |
4 |
Gas/Oil |
708 |
|||||||||
Investments in joint ventures |
Various |
13 |
(d) |
547 |
|||||||||
Total Non-Wind Under |
|||||||||||||
Long-Term Contract |
1,255 |
||||||||||||
Merchant |
|||||||||||||
Bayswater (b) |
Far Rockaway, NY |
1 |
Gas |
54 |
|||||||||
Blythe Energy |
Blythe, CA |
1 |
Gas |
507 |
|||||||||
Calhoun (b) |
Eastaboga, AL |
4 |
Gas |
668 |
|||||||||
Doswell - Expansion |
Ashland, VA |
1 |
Gas/Oil |
171 |
|||||||||
Forney |
Forney, TX |
2 |
Gas |
1,700 |
|||||||||
Jamaica Bay (b) |
Far Rockaway, NY |
1 |
Oil/Gas |
54 |
|||||||||
Lamar Power Partners |
Paris, TX |
2 |
Gas |
990 |
|||||||||
Maine |
Various - ME |
6 |
Oil |
656 |
(e) |
||||||||
Maine |
Various - ME |
83 |
Hydro |
360 |
|||||||||
Marcus Hook 50 |
Marcus Hook, PA |
1 |
Gas |
50 |
|||||||||
RISEP (b) |
Johnston, RI |
1 |
Gas |
550 |
|||||||||
Seabrook |
Seabrook, NH |
1 |
Nuclear |
1,024 |
(f) |
||||||||
Investment in joint venture |
Cedar Creek, TX |
2 |
Gas |
283 |
|||||||||
Total Merchant |
7,067 |
||||||||||||
TOTAL |
11,041 |
||||||||||||
_____________________ |
|
(a) |
Represents FPL Energy's net ownership interest in plant capacity. |
(b) |
These consolidated generating facilities, as well as a 744 mw gas-fired plant under construction, are encumbered by liens against their assets securing various financings. |
(c) |
Represents plants with no more than 50% ownership using wind technology. |
(d) |
Represents plants with no more than 50% ownership using fuels and technologies such as gas, waste-to-energy, solar, coal and petroleum coke. |
(e) |
Excludes 10 other energy-related partners' combined share of 38.22%. |
(f) |
Excludes Massachusetts Municipal Wholesale Electric Company's, Taunton Municipal Lighting Plant's and Hudson Light & Power Department's combined share of 11.77%. |
Transmission and Distribution.
At December 31, 2003, FPL owned and operated 529 substations and the following electric transmission and distribution lines:
Nominal |
Overhead Lines |
Trench and Submarine |
||||||||
500 |
kv |
1,105 |
(a) |
- |
||||||
230 |
kv |
2,350 |
31 |
|||||||
138 |
kv |
1,456 |
49 |
|||||||
115 |
kv |
671 |
- |
|||||||
69 |
kv |
164 |
14 |
|||||||
Less than 69 kv |
40,897 |
22,217 |
||||||||
Total |
46,643 |
22,311 |
||||||||
_____________________ |
||||||||||
(a) Includes approximately 75 miles owned jointly with JEA. |
3. Florida Power & Light Company
Total kwh of Electric Energy Sold & Purchased
Year Ended December 31, 2003
|
|
|
|
|
||||||
Alabama |
- |
- |
772,000 |
$ |
29,542 |
|||||
Georgia |
782,169,000 |
$ |
40,846,261 |
1,327,371,881 |
178,036,510 |
|||||
Total electric energy sold at wholesale or purchased outside the State of Florida or at the State line |
|
|
|
|
|
|||||
Florida |
102,420,281,720 |
8,083,394,153 |
||||||||
Total electric energy sold (at retail or wholesale) |
|
|
|
|||||||
Total MMBtu's of Gas Sold & Purchased
Year Ended December 31, 2003
|
MMBtu's |
Revenue |
MMBtu's |
Purchased |
||||||
Alabama |
2,398,601 |
$ |
16,180,566 |
101,675,545 |
$ |
561,319,254 |
||||
Louisiana |
22,175,698 |
135,451,716 |
147,584,715 |
801,664,285 |
||||||
Mississippi |
1,147,120 |
6,062,915 |
52,937,319 |
278,469,876 |
||||||
Texas |
129,167 |
1,234,085 |
25,802,226 |
141,882,246 |
||||||
Total gas sold at wholesale or purchased outside the State of Florida |
|
158,929,282 |
327,999,805 |
|
|
|||||
Florida |
905,853 |
5,857,615 |
||||||||
Total gas sold at wholesale |
26,756,439 |
$ |
164,786,897 |
|||||||
FPL had no natural or manufactured gas distributed at retail and no electric energy distributed at retail outside of Florida.
4. FPL Group has the following interests in EWG's:
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,332,988 |
|||
FPL Group's equity in net income |
$ |
1,332,988 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
2,258,980 |
|||
FPL Group's equity in net income |
$ |
2,258,980 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(14,414,128 |
) |
||
FPL Group's equity in net loss |
$ |
(7,207,064 |
) |
(4) Bayswater Peaking Facility, LLC (Bayswater) is located in Far Rockaway, New York. The business address of Bayswater is 1425 Bay 24th Street, Far Rockaway, NY 11691. The facility is a 54 megawatt oil- and gas-fired simple cycle plant which sells 100% of its power to Long Island Power Authority (LIPA) under an exclusive power tolling arrangement with LIPA. At December 31, 2003, FPL Energy Rockaway Peaking Facilities, LLC owned 100% of Bayswater, an EWG. FPL Energy New York, LLC owned 100% of FPL Energy Rockaway Peaking Facilities, LLC. ESI Energy is the parent of the entity that has an interest in Bayswater. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Group Capital has guaranteed certain debt and other obligations of the EWG. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obli gations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital guarantees. Fees paid for operations, management and administrative services to affiliated companies totaled $284,000 in 2003. Equity capital returned to system companies in excess of equity capital invested by system companies totaled $8,212,572 at December 31, 2003. |
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
54,685,357 |
|||
Net income |
$ |
7,190,201 |
|||
FPL Group's equity in net income |
$ |
7,190,201 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations (intercompany) |
$ |
275,000,000 |
|||
Net loss |
$ |
(9,859,728 |
) |
||
FPL Group's equity in net loss |
$ |
(9,859,728 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
110,000,000 |
|||
Net income |
$ |
4,817,320 |
|||
FPL Group's equity in net income |
$ |
4,817,320 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(700,349 |
) |
||
FPL Group's equity in net loss |
$ |
(700,349 |
) |
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations (intercompany) |
$ |
346,675,000 |
|||
Net income |
$ |
40,989,142 |
|||
FPL Group's equity in net income |
$ |
40,989,142 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,313,595 |
|||
FPL Group's equity in net income |
$ |
1,313,595 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(24,739 |
) |
||
FPL Group's equity in net loss |
$ |
(24,739 |
) |
(11) FPL Energy Green Power Wind, LLC (Green Power) is located in Riverside County, California. The business address of Green Power is c/o FPL Energy, LLC, Attn: Business Manager, 700 Universe Blvd., Juno Beach, FL 33408. The facility is a 17 megawatt wind plant which currently sells 100% of its power to the California ISO. At December 31, 2003, ESI California Holdings, Inc. owned 100% of Green Power, an EWG. ESI Energy is the parent of the entity that has an interest in Green Power. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. Equity capital invested by system companies totaled $10,476,334 at December 31, 2003. |
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(62,751 |
) |
||
FPL Group's equity in net loss |
$ |
(62,751 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,036,513 |
|||
FPL Group's equity in net income |
$ |
1,036,513 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
26,447,245 |
|||
FPL Group's equity in net income |
$ |
26,447,245 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(1,514,285 |
) |
||
FPL Group's equity in net loss |
$ |
(1,514,285 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations (intercompany) |
$ |
379,506,756 |
|||
Net loss |
$ |
(5,984,898 |
) |
||
FPL Group's equity in net loss |
$ |
(5,984,898 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
221,552 |
|||
FPL Group's equity in net income |
$ |
221,552 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(94,021 |
) |
||
FPL Group's equity in net loss |
$ |
(94,021 |
) |
(18) FPL Energy Pecos Wind I, LP (Pecos I) and FPL Energy Pecos Wind II, LP (Pecos II) (collectively, A/K/A Woodward Mountain) are located in Upton and Pecos Counties, Texas. The business address of Pecos I and Pecos II is c/o FPL Energy, LLC, Attn: Business Manager, 700 Universe Blvd., Juno Beach, FL 33408. Each facility is an 80 megawatt wind plant which sells 100% of its power to TXU Electric Company. At December 31, 2003, FPL Energy Pecos Wind I GP, LLC and FPL Energy Pecos Wind I LP, LLC collectively owned 100% of Pecos I, an EWG. At December 31, 2003, FPL Energy Pecos Wind II GP, LLC and FPL Energy Pecos Wind II LP, LLC collectively owned 100% of Pecos II, an EWG. ESI Energy is the parent of the entities that have an interest in Pecos I and Pecos II. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Group Capital has issued letters of credit of $2.5 million at December 31, 2003 for obligations under purchase and sale of power agreements. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital letters of credit. Fees paid to affiliated companies for operations, management and administrative services totaled $157,000 in 2003. Equity capital invested by system companies totaled $140,633,116 at December 31, 2003. |
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(5,173,645 |
) |
||
FPL Group's equity in net loss |
$ |
(5,173,645 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
97,181,496 |
|||
FPL Group's equity in net income |
$ |
97,181,496 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
369,104 |
|||
FPL Group's equity in net income |
$ |
369,104 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
198,911 |
|||
FPL Group's equity in net income |
$ |
198,911 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(3,984,155 |
) |
||
FPL Group's equity in net loss |
$ |
(3,984,155 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
126,000,000 |
|||
Net loss |
$ |
(4,971,225 |
) |
||
FPL Group's equity in net loss |
$ |
(4,971,225 |
) |
||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
239,077 |
|||
FPL Group's equity in net income |
$ |
239,077 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
690,555 |
|||
FPL Group's equity in net income |
$ |
656,027 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
356,248,030 |
|||
Net loss |
$ |
(3,841,652 |
) |
||
FPL Group's net income impact (1) |
$ |
(3,841,652 |
) |
||
_______________________ (1) FPL Group consolidates the EWG pursuant to FASB Interpretation No. 46, "Consolidation of Variable Interest Entities." |
|||||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,092,224 |
|||
FPL Group's equity in net income |
$ |
1,092,224 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
54,312 |
|||
FPL Group's equity in net income |
$ |
54,312 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
536,421 |
|||
FPL Group's equity in net income |
$ |
536,421 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(452,582 |
) |
||
FPL Group's equity in net loss |
$ |
(452,582 |
) |
||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
60,292,532 |
|||
Net income |
$ |
2,174,907 |
|||
FPL Group's equity in net income |
$ |
2,174,907 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
454,547 |
|||
FPL Group's equity in net income |
$ |
454,547 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
14,554,769 |
|||
FPL Group's equity in net income |
$ |
14,409,221 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
184,776 |
|||
FPL Group's equity in net income |
$ |
184,776 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
487,183 |
|||
FPL Group's equity in net income |
$ |
487,183 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,324,952 |
|||
FPL Group's equity in net income |
$ |
1,324,952 |
|||
|
Capitalization and earnings during the reporting period were: |
|||||
|
|
|
|
||
Total debt obligations (third party and intercompany) |
$ |
10,529,534 |
|||
Net income |
$ |
3,048,283 |
|||
FPL Group's equity in net income |
$ |
3,048,283 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
171,717 |
|||
FPL Group's equity in net income |
$ |
171,717 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
1,380,091 |
|||
FPL Group's equity in net income |
$ |
1,380,091 |
|||
|
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net income |
$ |
343,038 |
|||
FPL Group's equity in net income |
$ |
343,038 |
(41) West Texas Wind Energy Partners, L.P. (West Texas Wind, A/K/A Southwest Mesa) is located in Upton and Crockett Counties, Texas. The business address of West Texas Wind is c/o FPL Energy, LLC, Attn: Business Manager, 700 Universe Blvd., Juno Beach, FL 33408. The facility is a 75 megawatt wind plant which sells 100% of its power to American Electric Power. At December 31, 2003, ESI West Texas Energy, Inc. and ESI West Texas Energy LP, LLC collectively owned 100% of West Texas Wind, an EWG. FPL Energy American Wind, LLC is a wholly-owned subsidiary of FPL Energy American Wind Holdings, LLC. FPL Energy American Wind Holdings, LLC is a wholly-owned subsidiary of FPL Energy Wind Financing, LLC, which is wholly-owned by FPL Energy Wind Funding, LLC, which is wholly-owned by FPL Energy Wind Funding Holdings, LLC, a wholly-owned subsidiary of ESI Energy. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capi tal, a wholly-owned subsidiary of FPL Group. FPL Group Capital has guaranteed certain payment obligations of the EWG. The project assets serve as collateral for the debt held at FPL Energy Wind Funding, LLC and FPL Energy American Wind, LLC which is guaranteed by FPL Group Capital. Under a separate agreement between FPL Group and FPL Group Capital, FPL Group has guaranteed the payment obligations of FPL Group Capital under certain of its "Debt," which is defined so as to include the FPL Group Capital guarantees. Fees paid to affiliated companies for operations, management and administrative services totaled $286,000 in 2003. Equity capital invested by system companies totaled $70,390,842 at December 31, 2003. |
|||||
|
|||||
|
|
|
|
||
Total debt obligations |
$ |
0 |
|||
Net loss |
$ |
(1,847,759 |
) |
||
FPL Group's equity in net loss |
$ |
(1,847,759 |
) |
The above-named claimant has caused this statement to be duly executed on its behalf by its authorized officer this 26th day of February, 2004.
FPL Group, Inc. |
||
K. Michael Davis |
(Corporate Seal)
Attest:
DENNIS P. COYLE |
Dennis P. Coyle, General Counsel and Secretary |
Name, title and address of officer to whom notices and correspondence concerning this statement should be addressed:
K. Michael Davis
Controller and Chief Accounting Officer
FPL Group, Inc.
700 Universe Boulevard
Juno Beach, FL 33408
APPENDIX 1
SUBSIDIARIES OF FPL GROUP, INC.
(1)
Name |
Jurisdiction |
|
|
FPL GROUP CAPITAL INC |
Florida |
Juno Beach, FL |
Holds the stock of and provides the funding for the operating companies other than FPL. |
*Alandco Inc. |
Florida |
Juno Beach, FL |
Holds real estate investments. |
**Alandco I, Inc. |
Florida |
Juno Beach, FL |
Holds real estate investments. |
**Alandco/Cascade, Inc. |
Florida |
Juno Beach, FL |
Holds real estate investments. |
*CAS Investments, Inc. |
Delaware |
Wilmington, DE |
Owns investment securities. |
*FPL Energy Services, Inc. |
Florida |
Miami, FL |
Formed to provide ongoing services to implement energy programs. |
*FPL Energy, LLC |
Delaware |
Juno Beach, FL |
Participates in energy market and clean fuel generation. |
**BAC Investment Corp. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
**ESI Energy, LLC |
Delaware |
Juno Beach, FL |
Participates in energy market and clean fuel generation. |
***Alpha Joshua (Prime), Inc. |
California |
Juno Beach, FL |
Inactive. |
***Alpha Mariah (Prime), Inc. |
California |
Juno Beach, FL |
Inactive. |
***Backbone Windpower Holdings, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***Beta Mariah (Prime), Inc. |
California |
Juno Beach, FL |
Inactive. |
***Beta Willow (Prime), Inc. |
California |
Juno Beach, FL |
Inactive. |
***Big Sandy Acquisitions, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Blythe Energy Acquisitions, LLC |
Delaware |
Juno Beach, FL |
Formed to develop gas fired project. |
****FPL Energy Blythe, LLC |
Delaware |
Juno Beach, FL |
Formed to develop gas fired project. |
***Boulevard Associates, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Calhoun Power Company II Transmission |
Delaware |
Juno Beach, FL |
Inactive. |
***Calhoun Power Company II, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Coosa River Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Coosa River Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Altamont Acquisitions, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***ESI Bay Area GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project; operations not material. |
***ESI Bay Area, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***ESI Brady, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***ESI California Holdings, Inc. |
California |
Juno Beach, FL |
Holding company. |
****CH Ormesa LP, Inc. |
Florida |
Juno Beach, FL |
Participated in a geothermal project. |
****CH Ormesa, Inc. |
Florida |
Juno Beach, FL |
Participated in a geothermal project. |
****CH POSDEF LP, INC. |
Florida |
Juno Beach, FL |
Participated in a geothermal project. |
*****Acme POSDEF Partners, L.P. |
Delaware |
Juno Beach, FL |
Participates in a coal project. |
******POSDEF Power Company, L.P. |
California |
Juno Beach, FL |
Participates in a coal project. |
****CH POSDEF, INC. |
Florida |
Juno Beach, FL |
Participates in a coal project; operations not material. |
****ESI Sky River, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
*****ESI Sky River Limited Partnership |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
*****FPL Energy Sky River Wind, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
****FPL Energy 251 Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****FPL Energy Sagebrush 20, LLC |
California |
Juno Beach, FL |
Inactive. |
****FPL Energy VG Repower Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Calistoga GP, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***ESI Calistoga LP, Inc. |
Florida |
Juno Beach, FL |
Participated in a geothermal project. |
***ESI Cherokee GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project; operations not material. |
***ESI Cherokee Holdings, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
****Cherokee County Cogeneration Corp. |
Delaware |
Juno Beach, FL |
Inactive. |
****ESI Cherokee MGP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
***ESI Cherokee LP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
****ESI Cherokee County, L.P. |
Delaware |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
***ESI Doswell GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
****Doswell I, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
***ESI Double "C", Inc. |
Florida |
Juno Beach, FL |
Participates in a natural gas project. |
***ESI Ebensburg, Inc. |
Florida |
Juno Beach, FL |
Participates in a coal-fired project. |
****Ebensburg Investors Limited Partnership |
Pennsylvania |
Barberton, OH |
Inactive. |
***ESI Geothermal Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***ESI Kern Front, Inc. |
Florida |
Juno Beach, FL |
Participates in a natural gas project. |
***ESI LP, Inc. |
Florida |
Juno Beach, FL |
Formed to invest in partnerships. |
****ESI Montgomery County, LLC |
Florida |
Juno Beach, FL |
Participates in a waste-to-energy project. |
*****ESI Montgomery County GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a waste-to-energy project. |
*****ESI Montgomery County LP, Inc. |
Florida |
Juno Beach, FL |
Participates in a waste-to-energy project. |
*****Montenay Montgomery Limited Partnership |
Delaware |
Juno Beach, FL |
Inactive. |
****ESI Sky River Limited Partnership |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
****FPL Energy Sky River Wind, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***ESI Lake Benton Holdings, Inc. |
Florida |
Juno Beach, FL |
Manages intangible assets. |
***ESI Mojave, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project; operations not material. |
***ESI Mojave LLC |
Delaware |
Juno Beach, FL |
Participates in wind power project. |
***ESI Multitrade LP, Inc. |
Florida |
Juno Beach, FL |
Participates in a wood-burning electric generating project. |
***ESI Northeast Energy Acquisition Funding, Inc. |
Florida |
Juno Beach, FL |
Formed to acquire generation assets; operations not material. |
***ESI Northeast Energy Funding, Inc. |
Florida |
Juno Beach, FL |
A funding corporation; operations not material. |
***ESI Northeast Energy GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
***ESI Northeast Energy LP, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
****FPL Energy New Mexico Wind Holdings II, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
*****FPL Energy New Mexico Wind II, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
******FPL Energy New Mexico Wind Financing, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
*******FPL Energy New Mexico Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
********Pacific Power Investments, LLC |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***ESI Northeast Fuel Management, Inc. |
Florida |
Juno Beach, FL |
Provides fuel management services. |
***ESI Ormesa Debt Holdings LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Ormesa Holdings I LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Ormesa Holdings, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***ESI Ormesa IE Equity, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
****ESI Ormesa Equity Holdings LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Ormesa IH Equity LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Pittsylvania, Inc. |
Florida |
Juno Beach, FL |
Participates in a wood-burning electric generating project. |
***ESI Prairie Winds GP, L.L.C. |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Prairie Winds LP, L.L.C. |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Sierra, Inc. |
Florida |
Juno Beach, FL |
Participates in a natural gas project. |
***ESI Silverado Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***ESI Tehachapi Acquisitions, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***ESI Vansycle GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project; operations not material. |
***ESI Vansycle LP, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***ESI Victory, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Bastrop GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a gas-fired project. |
***FPL Energy Bastrop LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a gas-fired project. |
***FPL Energy Bellingham, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***FPL Energy Bellingham, LLC |
Florida |
Juno Beach, FL |
Inactive. |
****IDC Bellingham, LLC |
Delaware |
Juno Beach, FL |
Inactive |
***FPL Energy Blue Mountain, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Boulder Valley, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Boulder Valley Power, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Cal Hydro, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy California Wind, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
****ESI Cannon Acquisitions LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
*****Ridgetop Power Corporation |
California |
Juno Beach, FL |
Operates a wind power project. |
****FPL Energy Pacific Crest Partner, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Construction Funding Holdings LLC |
Delaware |
Wilmington, DE |
Manages intangible assets. |
****FPL Energy Construction Funding LLC |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***FPL Energy Delaware Mountain GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Delaware Mountain LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Doswell Holdings, Inc. |
Florida |
Juno Beach, FL |
Participates in a natural gas project. |
****Doswell Funding Corporation |
Florida |
Juno Beach, FL |
Manages intangible assets; operations not material. |
****UFG Holdings, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***FPL Energy East Mesa LLC |
Delaware |
Juno Beach, FL |
Participated in a geothermal project. |
***FPL Energy Equipment Facility, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Everett LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Northwest Power Company, L.L.C. |
Washington |
Juno Beach, FL |
Inactive. |
***FPL Energy Forney, Inc. |
Florida |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
***FPL Energy Forney, LLC |
Delaware |
Juno Beach, FL |
Participates in a combined-cycle natural gas project. |
****FPLE Forney Pipeline, L.P. |
Delaware |
Juno Beach, FL |
Participates in a combined-cycle natural gas project; operations not material. |
*****MNM I LP, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
******MNM I, L.P. |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
***FPL Energy GRP 91-2, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy GRP 92, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Geo East Mesa Partners, Inc. |
Florida |
Juno Beach, FL |
Manages intangible assets. |
***FPL Energy Ginna, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Gray County Wind, LLC |
Delaware |
Juno Beach, FL |
Holding company. |
***FPL Energy Great Plains Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Illinois Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Indian Mesa GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Indian Mesa LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Island End GP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Joshua Falls, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Joshua Falls Energy Center, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Kansas Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Kelley, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Louisiana Holdings, Inc. |
Delaware |
Juno Beach, FL |
Inactive. |
****Red River Energy Development, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy MH50 GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a combined cycle natural gas project. |
***FPL Energy MH50 LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a combined cycle natural gas project. |
***FPL Energy Marcus Hook LLC |
Delaware |
Juno Beach, FL |
Develop a combined-cycle natural gas project. |
****FPL Energy MH700, LLC |
Delaware |
Juno Beach, FL |
Development of a gas-fired project. |
****FPL Energy Marcus Hook, L.P. |
Delaware |
Juno Beach, FL |
Develop a combined-cycle natural gas project. |
***FPL Energy Mississippi Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPLE Red Bay Development, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****New Albany Energy Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****New Albany Energy Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Red Hill Development Company LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Eastview Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Sandersville Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Union Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Union Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Mojave Operating Services, LLC |
Delaware |
Juno Beach, FL |
Provides operating and maintenance services for wind projects. |
***FPL Energy Morwind, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy New Mexico III, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy New York, LLC |
Delaware |
Juno Beach, FL |
Holding company. |
****FPL Energy Rockaway Peaking Facilities, LLC |
Delaware |
Wilmington, DE |
Holding company for peaking project. |
****Sunrise Energy Center, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy North Carolina Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy North Dakota Wind II, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPL Energy Oklahoma Wind Finance, LLC |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***FPL Energy Operating Services, Inc. |
Florida |
Juno Beach, FL |
Provides operating and maintenance services and fuel procurement for projects. |
****FPL Energy CO2 Operations, Inc. |
Florida |
Juno Beach, FL |
Provides operating and maintenance services and fuel procurement for projects; operations not material. |
****FPL Energy Virginia Power Services, Inc. |
Florida |
Juno Beach, FL |
Manages intangible assets. |
****Texas Wind Operating Services, LLC |
Delaware |
Juno Beach, FL |
Provides operating and maintenance services for Texas projects; operations not material. |
***FPL Energy PRG, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Paris GP, Inc. |
Delaware |
Juno Beach, FL |
Participates in a natural gas project. |
***FPL Energy Paris LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a natural gas project. |
*****INTEXCO I LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a natural gas project. |
*****INTEXCO I, LP |
Delaware |
Juno Beach, FL |
Participates in a natural gas project. |
***FPL Energy Pecos Wind I GP, LLC |
Delaware |
Juno Beach, FL |
Wind project. |
***FPL Energy Pecos Wind I LP, LLC |
Delaware |
Juno Beach, FL |
Wind project. |
***FPL Energy Pecos Wind II GP, LLC |
Delaware |
Juno Beach, FL |
Wind project. |
***FPL Energy Pecos Wind II LP, LLC |
Delaware |
Juno Beach, FL |
Wind project. |
***FPL Energy Pennsylvania Wind, LLC |
Delaware |
Juno Beach, FL |
Wind project. |
***FPL Energy Sacramento Power, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPL Energy New England Transmission LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Solar Funding Corp. |
Florida |
Juno Beach, FL |
Inactive. |
***FPL Energy South Carolina Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Cherokee Falls Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Cherokee Falls Power Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPL Energy Anderson, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Stateline Holdings, L.L.C. |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Stateline II Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPL Energy Stateline II, Inc. |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Tennessee Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Flint Valley Energy Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Flint Valley Energy Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Milan Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
*****Milan Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Terra, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Upton Wind I GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind I LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind II GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind II LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind III GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind III LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Upton Wind IV GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project; operations not material. |
***FPL Energy Upton Wind IV LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Valley Power, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Virginia Holdings, Inc. |
Florida |
Juno Beach, FL |
Holding company; operations not material. |
****FPL Energy Virginia Funding Corporation |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***FPL Energy WPP 93 GP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy WPP 93 LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Waymart GP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Waymart LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy Westside Power, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy White Oak, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****White Oak Power Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Wind Funding Holdings, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
****FPL Energy Wind Funding, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
*****FPL Energy Wind Financing, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
******FPL Energy American Wind Holdings, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
*******FPL Energy American Wind, LLC |
Delaware |
Wilmington, DE |
Manages intangible assets. |
********ESI West Texas Energy LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a wind power project. |
********ESI West Texas Energy, Inc. |
Florida |
Juno Beach, FL |
Participates in a wind power project. |
***FPL Energy WindRidge Acquisitions, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPL Energy Wisconsin Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPL Energy Wisconsin Wind, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Uinta County Wind Farm L.L.C. |
Delaware |
Juno Beach, FL |
Inactive. |
***FPLE Pecos Leasing GP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPLE Pecos Leasing LP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPLE Pecos Wind Leasing Co., LP |
Delaware |
Juno Beach, FL |
Inactive. |
***FPLE Rhode Island State Energy GP, Inc. |
Florida |
Juno Beach, FL |
Participates in a natural gas project. |
***FPLE Rhode Island State Energy LP, LLC |
Delaware |
Juno Beach, FL |
Participates in a natural gas project. |
****FPLE Rhode Island State Energy, L.P. |
Delaware |
Juno Beach, FL |
Entity is the lessee of an EWG. |
***FPLE Texas Wind I, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPLE Upton Leasing GP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***FPLE Upton Leasing LP, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****FPLE Upton Wind Leasing Co., LP |
Delaware |
Juno Beach, FL |
Inactive. |
***Harper Lake Acquisitions, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***Harper Lake Holdings, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***Harper Lake Management, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***High Desert Land Acquisition LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Hyperion IX, Inc. |
Florida |
Juno Beach, FL |
Participates in a solar electric generating system. |
****HLC IX Company |
California |
Juno Beach, FL |
Participates in a solar electric generating system. |
***Hyperion VIII, Inc. |
Florida |
Juno Beach, FL |
Participates in a solar electric generating system. |
****Harper Lake Company VIII |
California |
Juno Beach, FL |
Participates in a solar electric generating system. |
***LET Holdings, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Limerick Partners, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***MES Financial Corp. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***Midway Power, LLC |
Delaware |
Juno Beach, FL |
Manages intangible assets. |
***Northern Cross Investments, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***OTG, LLC |
Delaware |
Juno Beach, FL |
Formed to invest in partnerships. |
***Oconee River Development Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Oconee River Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Philadelphia Refinery Generation, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Philadelphia Energy Center, L.P. |
Delaware |
Juno Beach, FL |
Inactive. |
***Southern Sierra Power, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Sullivan Street Investments, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***Summer Shade Transmission Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Timber Creek Power Company, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
****Chaplin's Acreage Transmission Company LLC |
Delaware |
Juno Beach, FL |
Inactive. |
***Tower Associates, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
**FPL Energy East Mesa Holdings LLC |
Delaware |
Juno Beach, FL |
Inactive. |
**FPL Energy Maine, Inc. |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
***FPL Energy Cape, LLC |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
***FPL Energy Maine Hydro LLC |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
****Kennebec Hydro Resources, Inc. |
Maine |
Juno Beach, FL |
Participates in generation assets. |
***FPL Energy Maine Operating Services LLC |
Delaware |
Juno Beach, FL |
Provides operating and maintenance services for a power company. |
***FPL Energy Mason LLC |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
***FPL Energy Spruce Point LLC |
Delaware |
Juno Beach, FL |
Provider of services for fossil and hydro generation facilities, operations not material. |
***FPL Energy Wyman IV LLC |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
***FPL Energy Wyman LLC |
Delaware |
Juno Beach, FL |
Participates in generation assets. |
**FPL Energy Montana, LLC |
Delaware |
Juno Beach, FL |
Inactive. |
**FPL Energy Power Marketing, Inc. |
Florida |
Juno Beach, FL |
Provides retail marketing services. |
**FPL Energy Project Management, Inc. |
Florida |
Juno Beach, FL |
Provides employee services. |
***Blythe Project Management, LLC |
Delaware |
Juno Beach, FL |
Construction agent for a gas-fired merchant facility; operations not material. |
**FPL Group International, Inc. |
Florida |
Juno Beach, FL |
Participates in international power projects. |
***FPL Group International South America II, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
****FPL Group International Brazil (Cayman) II, Inc. |
Cayman |
Cayman Islands |
Inactive. |
***FPL Group International South America, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***FPL Mamonal, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
***FPL-I TPP |
Florida |
Juno Beach, FL |
Inactive. |
****FPL-I TPP II |
Cayman |
Cayman Island B.W.I. |
Inactive. |
***Karaha Bodas Investment Corp. |
Cayman |
Cayman Islands, B.W.I. |
Participates in international power projects. |
**Square Lake Holdings, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
*FPL FiberNet, LLC |
Delaware |
Miami, FL |
Exempt telecommunications company. |
*FPL Group Holdings 1, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
*FPL Group Holdings 2, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
*FPL Group Resources, LLC |
Florida |
Juno Beach, FL |
Identifying, evaluating and transacting on natural gas business activities. |
*North American Power Systems |
Delaware |
Juno Beach, FL |
Purchase and sale of spare parts. |
*FPL Holdings Inc |
Florida |
Juno Beach, FL |
Holds certain fixed assets used by FPL Group. |
**Colonial Penn Capital Holdings, Inc. |
Delaware |
Juno Beach, FL |
Holds the stock of Bay Loan and Investment Bank. |
***Bay Loan and Investment Bank |
Rhode Island |
Juno Beach, FL |
Inactive. |
*FPL Investments Inc |
Florida |
Juno Beach, FL |
Manages a leveraged lease portfolio. |
*HJT Holdings, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
**SRM Investments, L.P. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
***EMB Investments |
Delaware |
Wilmington, DE |
Manages intangible assets. |
*LCR Holdings, Inc. |
Delaware |
Wilmington, DE |
Manages intangible assets. |
*Palms Insurance Company, Limited |
Cayman |
Cayman Islands, B.W.I. |
Operates as a captive insurance company primarily engaged in reinsuring liability insurance coverage for FPL Group, Inc. and its subsidiaries. |
*Pipeline Funding, LLC |
Alabama |
Juno Beach, FL |
Provide financing for pipeline expansion. |
*Praxis Group, Inc. |
Delaware |
Miami, FL |
Holds certain immaterial assets and liabilities, but no longer actively in business. |
*Turner Foods Corporation |
Florida |
Punta Gorda, FL |
Holding company. |
*West Boca Security, Inc. |
Delaware |
Wilmington, DE |
Holds note receivable. |
FPL Group Foundation, Inc. |
Florida |
Juno Beach, FL |
Formed to become a nonprofit corporation for charitable purposes. |
Florida Power & Light Company |
Florida |
Juno Beach, FL |
Electric utility company. |
*FPL Enersys, Inc. |
Florida |
Juno Beach, FL |
Formed to pursue opportunities for development or acquisition of energy systems. |
**FPL Energy Services II, Inc. |
Florida |
Juno Beach, FL |
Inactive. |
**FPL Services, LLC |
Florida |
Juno Beach, FL |
Inactive. |
*KPB Financial Corp. |
Delaware |
Wilmington, DE |
Formed to manage intangible assets. |
*FPL Historical Museum, Inc. |
Florida |
Juno Beach, FL |
A not-for-profit corporation formed to collect and preserve tangible objects that help interpret or describe the history of Florida Power & Light Company. |
_________________________
(1) |
Excludes exempt wholesale generators, as well as the following entities that are consolidated for financial reporting purposes in accordance with FASB Interpretation No. 46, "Consolidation of Variable Interest Entities," but are not owned by the claimant or any of its subsidiaries: FPL Fuels, Inc. Rhode Island State Energy Statutory Trust 2000 |
A consolidating statement of income and surplus of the claimant and its subsidiary companies for the last calendar year, together with a consolidating balance sheet of the claimant and its subsidiary companies as of the close of such calendar year. |
||||
|
Pages |
|||
FPL Group, Inc. and Subsidiaries |
1 |
|||
Florida Power & Light Company and Subsidiaries |
2 |
|||
FPL Group Capital Inc and Subsidiaries |
3 - 5 |
|||
Alandco Inc. and Subsidiaries |
6 |
|||
HJT & LCR Holdings and Subsidiaries |
7 |
|||
FPL Energy, LLC and Subsidiaries |
8 - 61 |
FPL GROUP, INC. AND SUBSIDIARIES |
1 |
||||
ASSETS |
FPL |
Florida |
FPL Group |
Adjusting |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
|||||
Elec. utility plant in ser. & other property |
$0 |
$21,368 |
$7,076 |
$1 |
$28,445 |
Nuclear fuel |
0 |
380 |
83 |
0 |
463 |
Construction work in progress |
0 |
741 |
624 |
(1) |
1,364 |
Less accumulated depr. & amort. |
0 |
(9,237) |
(738) |
0 |
(9,975) |
Total prop., plant and eqpt. - net |
0 |
13,252 |
7,045 |
0 |
20,297 |
CURRENT ASSETS |
|||||
Cash and cash equivalents |
27 |
4 |
98 |
0 |
129 |
Customer receivables - net |
0 |
636 |
180 |
0 |
816 |
Other receivables |
16 |
151 |
256 |
(52) |
371 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
355 |
104 |
(1) |
458 |
Deferred clause expenses |
0 |
348 |
0 |
0 |
348 |
Other |
0 |
179 |
167 |
2 |
348 |
Total current assets |
43 |
1,673 |
805 |
(51) |
2,470 |
OTHER ASSETS: |
|||||
Special use funds |
0 |
1,974 |
274 |
0 |
2,248 |
Other investments |
7,237 |
9 |
1,025 |
(7,461) |
810 |
Other |
91 |
909 |
192 |
(81) |
1,110 |
Total other assets |
7,328 |
2,892 |
1,491 |
(7,542) |
4,168 |
TOTAL ASSETS |
$7,371 |
$17,817 |
$9,341 |
($7,593) |
$26,935 |
CAPITALIZATION |
|||||
Common shareholders' equity |
$6,967 |
$6,004 |
$1,214 |
($7,218) |
$6,967 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
5 |
0 |
0 |
5 |
Long-term debt |
0 |
3,074 |
5,649 |
0 |
8,723 |
Total capitalization |
6,967 |
9,083 |
6,863 |
(7,218) |
15,695 |
CURRENT LIABILITIES |
|||||
Commercial paper |
0 |
630 |
78 |
0 |
708 |
Notes payable |
0 |
0 |
212 |
0 |
212 |
Current maturities of long-term debt |
0 |
0 |
367 |
0 |
367 |
Accounts payable |
0 |
435 |
107 |
0 |
542 |
Customers' deposits |
0 |
346 |
11 |
0 |
357 |
Accrued interest and taxes |
(8) |
160 |
67 |
7 |
226 |
Deferred clause revenues |
0 |
48 |
0 |
0 |
48 |
Other |
70 |
516 |
364 |
(57) |
893 |
Total current liabilities |
62 |
2,135 |
1,206 |
(50) |
3,353 |
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||
Asset retirement obligations |
0 |
1,908 |
178 |
0 |
2,086 |
Accrued asset removal costs |
0 |
1,902 |
0 |
0 |
1,902 |
Accumulated deferred income taxes |
(5) |
1,415 |
826 |
(81) |
2,155 |
Storm and property insurance reserve |
0 |
327 |
0 |
0 |
327 |
Other |
347 |
1,047 |
268 |
(244) |
1,417 |
Total other liab. & def. credits |
342 |
6,599 |
1,272 |
(325) |
7,887 |
COMMITMENTS AND CONTINGENCIES |
|||||
TOTAL CAPITALIZATION AND LIABILITIES |
$7,371 |
$17,817 |
$9,341 |
($7,593) |
$26,935 |
|
|||||
INCOME STATEMENT |
FPL |
Florida |
FPL Group |
Adjusting |
FPL |
OPERATING REVENUES |
$0 |
$8,293 |
$1,337 |
$0 |
$9,630 |
OPERATING EXPENSES |
|||||
Fuel, purchased power & interchange |
0 |
4,047 |
492 |
0 |
4,539 |
Other operations and maintenance |
0 |
1,250 |
376 |
0 |
1,626 |
Depreciation & amortization |
0 |
898 |
207 |
0 |
1,105 |
Taxes other than income taxes |
0 |
769 |
60 |
0 |
829 |
Total operating expenses |
0 |
6,964 |
1,135 |
0 |
8,099 |
OPERATING INCOME |
0 |
1,329 |
202 |
0 |
1,531 |
OTHER INCOME (DEDUCTIONS): |
|||||
Interest charges |
(28) |
(173) |
(204) |
26 |
(379) |
Preferred stock dividends - FPL |
0 |
(13) |
0 |
0 |
(13) |
Loss on redemption of preferred stock - FPL |
0 |
(9) |
0 |
0 |
(9) |
Equity in earnings of equity method investees |
902 |
0 |
89 |
(902) |
89 |
Other - net |
1 |
2 |
65 |
(26) |
42 |
Total other deductions - net |
875 |
(193) |
(50) |
(902) |
(270) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
875 |
1,136 |
152 |
(902) |
1,261 |
INCOME TAXES |
(15) |
403 |
(20) |
0 |
368 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||
IN ACCOUNTING PRINCIPLE |
890 |
733 |
172 |
(902) |
893 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||
FASB Interpretation No.46, "Consol. of Variable |
|||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
(3) |
0 |
(3) |
NET INCOME (LOSS) |
890 |
733 |
169 |
(902) |
890 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
3,281 |
295 |
(671) |
376 |
3,281 |
DEDUCT: |
|||||
Dividends |
425 |
715 |
0 |
(715) |
425 |
Other |
1 |
0 |
0 |
0 |
1 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$3,745 |
$313 |
($502) |
$189 |
$3,745 |
FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES |
2 |
|||||
ASSETS |
Florida |
KPB |
FPL |
FPL |
Adjusting |
Florida |
PROPERTY, PLANT AND EQUIPMENT |
||||||
Elec. utility plant in ser. & other property |
$21,368 |
$0 |
$0 |
$0 |
$0 |
$21,368 |
Nuclear fuel |
0 |
0 |
0 |
380 |
0 |
380 |
Construction work in progress |
741 |
0 |
0 |
0 |
0 |
741 |
Less accumulated depr. & amort. |
(8,984) |
(17) |
0 |
(236) |
0 |
(9,237) |
Total prop., plant and eqpt. - net |
13,125 |
(17) |
0 |
144 |
0 |
13,252 |
CURRENT ASSETS |
||||||
Cash and cash equivalents |
0 |
0 |
0 |
3 |
1 |
4 |
Customer receivables - net |
222 |
413 |
0 |
0 |
1 |
636 |
Other receivables |
593 |
58 |
0 |
17 |
(517) |
151 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
355 |
0 |
0 |
0 |
0 |
355 |
Deferred clause expenses |
348 |
0 |
0 |
0 |
0 |
348 |
Other |
181 |
0 |
0 |
0 |
(2) |
179 |
Total current assets |
1,699 |
471 |
0 |
20 |
(517) |
1,673 |
OTHER ASSETS: |
||||||
Special use funds |
1,382 |
592 |
0 |
0 |
0 |
1,974 |
Other investments |
578 |
6 |
0 |
0 |
(575) |
9 |
Other |
1,731 |
0 |
0 |
1 |
(823) |
909 |
Total other assets |
3,691 |
598 |
0 |
1 |
(1,398) |
2,892 |
TOTAL ASSETS |
$18,515 |
$1,052 |
$0 |
$165 |
($1,915) |
$17,817 |
CAPITALIZATION |
||||||
Common shareholders' equity |
$6,004 |
$575 |
$0 |
$0 |
($575) |
$6,004 |
Pref. stk. of FPL w/o sinking fund require. |
5 |
0 |
0 |
0 |
0 |
5 |
Long-term debt |
2,939 |
0 |
0 |
135 |
0 |
3,074 |
Total capitalization |
8,948 |
575 |
0 |
135 |
(575) |
9,083 |
CURRENT LIABILITIES |
||||||
Commercial paper |
612 |
0 |
0 |
19 |
(1) |
630 |
Notes payable |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
424 |
0 |
0 |
11 |
0 |
435 |
Customers' deposits |
346 |
0 |
0 |
0 |
0 |
346 |
Accrued interest and taxes |
182 |
0 |
0 |
0 |
(22) |
160 |
Deferred clause revenues |
48 |
0 |
0 |
0 |
0 |
48 |
Other |
439 |
478 |
0 |
0 |
(401) |
516 |
Total current liabilities |
2,051 |
478 |
0 |
30 |
(424) |
2,135 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||
Asset retirement obligations |
1,908 |
0 |
0 |
0 |
0 |
1,908 |
Accrued asset removal costs |
1,902 |
0 |
0 |
0 |
0 |
1,902 |
Accumulated deferred income taxes |
2,283 |
0 |
0 |
0 |
(868) |
1,415 |
Storm and property insurance reserve |
328 |
(1) |
0 |
0 |
0 |
327 |
Other |
1,095 |
0 |
0 |
0 |
(48) |
1,047 |
Total other liab. & def. credits |
7,516 |
(1) |
0 |
0 |
(916) |
6,599 |
COMMITMENTS AND CONTINGENCIES |
||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$18,515 |
$1,052 |
$0 |
$165 |
($1,915) |
$17,817 |
|
||||||
INCOME STATEMENT |
Florida |
KPB |
FPL |
FPL |
Adjusting |
Florida |
OPERATING REVENUES |
$8,293 |
$0 |
$0 |
$34 |
($34) |
$8,293 |
OPERATING EXPENSES |
||||||
Fuel, purchased power & interchange |
4,048 |
0 |
0 |
33 |
(34) |
4,047 |
Other operations and maintenance |
1,250 |
0 |
0 |
0 |
0 |
1,250 |
Depreciation & amortization |
898 |
0 |
0 |
0 |
0 |
898 |
Taxes other than income taxes |
770 |
0 |
0 |
(1) |
0 |
769 |
Total operating expenses |
6,966 |
0 |
0 |
32 |
(34) |
6,964 |
OPERATING INCOME |
1,327 |
0 |
0 |
2 |
0 |
1,329 |
OTHER INCOME (DEDUCTIONS): |
||||||
Interest charges |
(171) |
0 |
0 |
(2) |
0 |
(173) |
Preferred stock dividends - FPL |
(13) |
0 |
0 |
0 |
0 |
(13) |
Loss on redemption of preferred stock - FPL |
(9) |
0 |
0 |
0 |
0 |
(9) |
Equity in earnings of equity method investees |
22 |
0 |
0 |
0 |
(22) |
0 |
Other - net |
(21) |
24 |
0 |
0 |
(1) |
2 |
Total other deductions - net |
(192) |
24 |
0 |
(2) |
(23) |
(193) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1,135 |
24 |
0 |
0 |
(23) |
1,136 |
INCOME TAXES |
402 |
2 |
0 |
0 |
(1) |
403 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||
IN ACCOUNTING PRINCIPLE |
733 |
22 |
0 |
0 |
(22) |
733 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||
FASB Interpretation No.46, "Consol. of Variable |
||||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
733 |
22 |
0 |
0 |
(22) |
733 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
295 |
60 |
0 |
0 |
(60) |
295 |
DEDUCT: |
||||||
Dividends |
715 |
0 |
0 |
0 |
0 |
715 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$313 |
$82 |
$0 |
$0 |
($82) |
$313 |
FPL GROUP CAPITAL INC AND SUBSIDIARIES |
|
|
3 |
|||||
ASSETS |
FPL |
Alandco |
FPL |
FPL |
FPL |
FPL |
North |
Palms |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$6,793 |
$1 |
$283 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
83 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
619 |
0 |
5 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
(672) |
0 |
(67) |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
6,823 |
1 |
221 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
109 |
0 |
74 |
0 |
(1) |
0 |
0 |
9 |
Customer receivables - net |
0 |
0 |
170 |
7 |
3 |
0 |
0 |
0 |
Other receivables |
28 |
0 |
212 |
6 |
13 |
1 |
0 |
2 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
87 |
0 |
17 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
5 |
0 |
163 |
0 |
1 |
0 |
0 |
1 |
Total current assets |
142 |
0 |
706 |
13 |
33 |
1 |
0 |
12 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
274 |
0 |
0 |
0 |
0 |
0 |
Other investments |
7,516 |
0 |
456 |
0 |
0 |
0 |
0 |
57 |
Other |
12 |
1 |
181 |
0 |
37 |
0 |
0 |
1 |
Total other assets |
7,528 |
1 |
911 |
0 |
37 |
0 |
0 |
58 |
TOTAL ASSETS |
$7,670 |
$1 |
$8,440 |
$14 |
$291 |
$1 |
$0 |
$70 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$1,214 |
$1 |
$5,188 |
$8 |
$240 |
$1 |
$0 |
$22 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
3,977 |
0 |
1,673 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
5,191 |
1 |
6,861 |
8 |
240 |
1 |
0 |
22 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
171 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Notes payable |
200 |
0 |
12 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
275 |
0 |
91 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
4 |
0 |
105 |
0 |
2 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
11 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
35 |
0 |
31 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
4 |
0 |
348 |
5 |
8 |
0 |
0 |
7 |
Total current liabilities |
689 |
0 |
598 |
5 |
10 |
0 |
0 |
7 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
178 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
48 |
0 |
651 |
0 |
35 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
1,742 |
0 |
152 |
1 |
6 |
0 |
0 |
41 |
Total other liab. & def. credits |
1,790 |
0 |
981 |
1 |
41 |
0 |
0 |
41 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$7,670 |
$1 |
$8,440 |
$14 |
$291 |
$1 |
$0 |
$70 |
|
|
|
||||||
INCOME STATEMENT |
FPL |
Alandco |
FPL |
FPL |
FPL |
FPL |
North |
Palms |
OPERATING REVENUES |
$0 |
$0 |
$1,252 |
$18 |
$52 |
$0 |
$0 |
$18 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
480 |
13 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
2 |
0 |
337 |
3 |
24 |
2 |
0 |
10 |
Depreciation & amortization |
0 |
0 |
187 |
0 |
20 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
55 |
0 |
5 |
0 |
0 |
0 |
Total operating expenses |
2 |
0 |
1,059 |
16 |
49 |
2 |
0 |
10 |
OPERATING INCOME |
(2) |
0 |
193 |
2 |
3 |
(2) |
0 |
8 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
(101) |
0 |
(124) |
0 |
(6) |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
240 |
0 |
89 |
0 |
0 |
0 |
0 |
0 |
Other - net |
(8) |
0 |
35 |
0 |
0 |
0 |
0 |
3 |
Total other deductions - net |
131 |
0 |
0 |
0 |
(6) |
0 |
0 |
3 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
129 |
0 |
193 |
2 |
(3) |
(2) |
0 |
11 |
INCOME TAXES |
(40) |
0 |
(4) |
1 |
(1) |
(1) |
0 |
4 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
169 |
0 |
197 |
1 |
(2) |
(1) |
0 |
7 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No.46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
(3) |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
169 |
0 |
194 |
1 |
(2) |
(1) |
0 |
7 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(671) |
(6) |
26 |
(42) |
(32) |
0 |
0 |
11 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($502) |
($6) |
$220 |
($41) |
($34) |
($1) |
$0 |
$18 |
FPL GROUP CAPITAL INC AND SUBSIDIARIES |
4 |
|||||||
ASSETS |
CAS |
HJT & LCR |
FPL |
FPL |
Pipeline |
West |
Turner |
Adjusting |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
($1) |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(93) |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
1 |
7 |
0 |
10 |
(2) |
8 |
0 |
(30) |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(3) |
Total current assets |
1 |
7 |
0 |
10 |
(2) |
8 |
0 |
(126) |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
1,247 |
490 |
0 |
94 |
47 |
325 |
0 |
(9,207) |
Other |
0 |
0 |
0 |
0 |
2 |
0 |
0 |
(42) |
Total other assets |
1,247 |
490 |
0 |
94 |
49 |
325 |
0 |
(9,249) |
TOTAL ASSETS |
$1,248 |
$497 |
$0 |
$104 |
$47 |
$333 |
$0 |
($9,375) |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$1,242 |
$497 |
$0 |
($1) |
$41 |
$288 |
$0 |
($7,527) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Total capitalization |
1,242 |
497 |
0 |
(1) |
41 |
288 |
0 |
(7,528) |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(93) |
Notes payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(4) |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
13 |
0 |
0 |
0 |
(12) |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
7 |
0 |
0 |
0 |
2 |
4 |
0 |
(21) |
Total current liabilities |
7 |
0 |
0 |
13 |
2 |
4 |
0 |
(129) |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
92 |
0 |
42 |
0 |
(42) |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
(1) |
0 |
0 |
0 |
4 |
(1) |
0 |
(1,676) |
Total other liab. & def. credits |
(1) |
0 |
0 |
92 |
4 |
41 |
0 |
(1,718) |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$1,248 |
$497 |
$0 |
$104 |
$47 |
$333 |
$0 |
($9,375) |
|
||||||||
INCOME STATEMENT |
CAS |
HJT & LCR |
FPL |
FPL |
Pipeline |
West |
Turner |
Adjusting |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
($3) |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(2) |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(3) |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
27 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(240) |
Other - net |
22 |
28 |
0 |
0 |
1 |
11 |
0 |
(27) |
Total other deductions - net |
22 |
28 |
0 |
0 |
1 |
11 |
0 |
(240) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
22 |
28 |
0 |
0 |
1 |
11 |
0 |
(240) |
INCOME TAXES |
8 |
10 |
0 |
0 |
0 |
4 |
0 |
(1) |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
14 |
18 |
0 |
0 |
1 |
7 |
0 |
(239) |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No.46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
14 |
18 |
0 |
0 |
1 |
7 |
0 |
(239) |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
138 |
135 |
0 |
(20) |
0 |
174 |
(8) |
(376) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$152 |
$153 |
$0 |
($20) |
$1 |
$181 |
($8) |
($615) |
FPL GROUP CAPITAL INC AND SUBSIDIARIES |
5 |
ASSETS |
FPL Group |
PROPERTY, PLANT AND EQUIPMENT |
|
Elec. utility plant in ser. & other property |
$7,076 |
Nuclear fuel |
83 |
Construction work in progress |
624 |
Less accumulated depr. & amort. |
(738) |
Total prop., plant and eqpt. - net |
7,045 |
CURRENT ASSETS |
|
Cash and cash equivalents |
98 |
Customer receivables - net |
180 |
Other receivables |
256 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
104 |
Deferred clause expenses |
0 |
Other |
167 |
Total current assets |
805 |
OTHER ASSETS: |
|
Special use funds |
274 |
Other investments |
1,025 |
Other |
192 |
Total other assets |
1,491 |
TOTAL ASSETS |
$9,341 |
CAPITALIZATION |
|
Common shareholders' equity |
$1,214 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
Long-term debt |
5,649 |
Total capitalization |
6,863 |
CURRENT LIABILITIES |
|
Commercial paper |
78 |
Notes payable |
212 |
Current maturities of long-term debt |
367 |
Accounts payable |
107 |
Customers' deposits |
11 |
Accrued interest and taxes |
67 |
Deferred clause revenues |
0 |
Other |
364 |
Total current liabilities |
1,206 |
OTHER LIABILITIES AND DEFERRED CREDITS |
|
Asset retirement obligations |
178 |
Accumulated deferred income taxes |
826 |
Storm and property insurance reserve |
0 |
Other |
268 |
Total other liab. & def. credits |
1,272 |
COMMITMENTS AND CONTINGENCIES |
|
TOTAL CAPITALIZATION AND LIABILITIES |
$9,341 |
|
|
INCOME STATEMENT |
FPL Group |
OPERATING REVENUES |
$1,337 |
OPERATING EXPENSES |
|
Fuel, purchased power & interchange |
492 |
Other operations and maintenance |
376 |
Depreciation & amortization |
207 |
Taxes other than income taxes |
60 |
Total operating expenses |
1,135 |
OPERATING INCOME |
202 |
OTHER INCOME (DEDUCTIONS): |
|
Interest charges |
(204) |
Preferred stock dividends - FPL |
0 |
Loss on redemption of preferred stock - FPL |
0 |
Equity in earnings of equity method investees |
89 |
Other - net |
65 |
Total other deductions - net |
(50) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
152 |
INCOME TAXES |
(20) |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|
IN ACCOUNTING PRINCIPLE |
172 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
FASB Interpretation No.46, "Consol. of Variable |
|
Interest Entities," net of income taxes of $2 |
(3) |
NET INCOME (LOSS) |
169 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(671) |
DEDUCT: |
|
Dividends |
0 |
Other |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($502) |
ALANDCO INC. AND SUBSIDIARIES |
6 |
||||
ASSETS |
Alandco |
Alandco I, |
Alandco/ |
Adjusting |
Alandco Inc. |
PROPERTY, PLANT AND EQUIPMENT |
|||||
Elec. utility plant in ser. & other property |
($2) |
$0 |
$2 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
(2) |
0 |
2 |
0 |
0 |
CURRENT ASSETS |
|||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
|||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
Other investments |
3 |
0 |
0 |
(3) |
0 |
Other |
0 |
1 |
1 |
(1) |
1 |
Total other assets |
3 |
1 |
1 |
(4) |
1 |
TOTAL ASSETS |
$1 |
$1 |
$3 |
($4) |
$1 |
CAPITALIZATION |
|||||
Common shareholders' equity |
$1 |
$1 |
$3 |
($4) |
$1 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
1 |
1 |
3 |
(4) |
1 |
CURRENT LIABILITIES |
|||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
Notes payable |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
|||||
TOTAL CAPITALIZATION AND LIABILITIES |
$1 |
$1 |
$3 |
($4) |
$1 |
|
|||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||
INCOME STATEMENT |
Alandco |
Alandco I, |
Alandco/ |
Adjusting |
Alandco Inc. |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
|||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
|||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
0 |
0 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||
FASB Interpretation No.46, "Consol. of Variable |
|||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(6) |
3 |
(21) |
18 |
(6) |
DEDUCT: |
|||||
Dividends |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($6) |
$3 |
($21) |
$18 |
($6) |
HJT & LCR HOLDINGS AND SUBSIDIARIES |
|
|
7 |
|||
ASSETS |
EMB |
SRM |
HJT |
LCR |
Adjusting |
HJT & LCR |
PROPERTY, PLANT AND EQUIPMENT |
||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
7 |
0 |
0 |
0 |
0 |
7 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
7 |
0 |
0 |
0 |
0 |
7 |
OTHER ASSETS: |
||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
490 |
497 |
0 |
497 |
(994) |
490 |
Other |
(1) |
0 |
0 |
0 |
1 |
0 |
Total other assets |
489 |
497 |
0 |
497 |
(993) |
490 |
TOTAL ASSETS |
$496 |
$497 |
$0 |
$497 |
($993) |
$497 |
CAPITALIZATION |
||||||
Common shareholders' equity |
$497 |
$497 |
$0 |
$497 |
($994) |
$497 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
497 |
497 |
0 |
497 |
(994) |
497 |
CURRENT LIABILITIES |
||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
Notes payable |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
(1) |
0 |
0 |
0 |
1 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
(1) |
0 |
0 |
0 |
1 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$496 |
$497 |
$0 |
$497 |
($993) |
$497 |
|
||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|
|
||||
INCOME STATEMENT |
EMB |
SRM |
HJT |
LCR |
Adjusting |
HJT & LCR |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
18 |
0 |
18 |
(36) |
0 |
Other - net |
28 |
0 |
0 |
0 |
0 |
28 |
Total other deductions - net |
28 |
18 |
0 |
18 |
(36) |
28 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
28 |
18 |
0 |
18 |
(36) |
28 |
INCOME TAXES |
10 |
0 |
0 |
0 |
0 |
10 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||
IN ACCOUNTING PRINCIPLE |
18 |
18 |
0 |
18 |
(36) |
18 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||
FASB Interpretation No.46, "Consol. of Variable |
||||||
Interest Entities," net of income taxes of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
18 |
18 |
0 |
18 |
(36) |
18 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
135 |
135 |
0 |
135 |
(270) |
135 |
DEDUCT: |
||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$153 |
$153 |
$0 |
$153 |
($306) |
$153 |
FPL ENERGY, LLC AND SUBSIDIARIES |
|
|
|
8 |
|
ASSETS |
FPL |
Elims |
FPL |
ESI |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
|||||
Elec. utility plant in ser. & other property |
$6,793 |
($25) |
$0 |
$6,227 |
$591 |
Nuclear fuel |
83 |
0 |
0 |
83 |
0 |
Construction work in progress |
619 |
1 |
0 |
575 |
43 |
Less accumulated depr. & amort. |
(672) |
(1) |
0 |
(605) |
(66) |
Total prop., plant and eqpt. - net |
6,823 |
(25) |
0 |
6,280 |
568 |
CURRENT ASSETS |
|||||
Cash and cash equivalents |
74 |
0 |
0 |
74 |
0 |
Customer receivables - net |
170 |
(1) |
0 |
58 |
113 |
Other receivables |
212 |
(452) |
1 |
540 |
123 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
87 |
1 |
0 |
81 |
5 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
Other |
163 |
1 |
0 |
100 |
62 |
Total current assets |
706 |
(451) |
1 |
853 |
303 |
OTHER ASSETS: |
|
|
|||
Special use funds |
274 |
0 |
0 |
274 |
0 |
Other investments |
456 |
(4,114) |
0 |
376 |
4,194 |
Other |
181 |
(72) |
4 |
136 |
113 |
Total other assets |
911 |
(4,186) |
4 |
786 |
4,307 |
TOTAL ASSETS |
$8,440 |
($4,662) |
$5 |
$7,919 |
$5,178 |
CAPITALIZATION |
|||||
Common shareholders' equity |
$5,188 |
($3,841) |
($3) |
$4,421 |
$4,611 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
1,673 |
(281) |
0 |
1,954 |
0 |
Total capitalization |
6,861 |
(4,122) |
(3) |
6,375 |
4,611 |
CURRENT LIABILITIES |
|||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
Notes payable |
12 |
0 |
0 |
12 |
0 |
Current maturities of long-term debt |
91 |
10 |
0 |
81 |
0 |
Accounts payable |
105 |
0 |
0 |
35 |
70 |
Customers' deposits |
11 |
1 |
0 |
0 |
10 |
Accrued interest and taxes |
31 |
(242) |
7 |
32 |
234 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
Other |
348 |
(211) |
1 |
335 |
223 |
Total current liabilities |
598 |
(442) |
8 |
495 |
537 |
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||
Asset retirement obligations |
178 |
(1) |
0 |
174 |
5 |
Accumulated deferred income taxes |
651 |
(86) |
0 |
737 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
Other |
152 |
(11) |
0 |
138 |
25 |
Total other liab. & def. credits |
981 |
(98) |
0 |
1,049 |
30 |
COMMITMENTS AND CONTINGENCIES |
|||||
TOTAL CAPITALIZATION AND LIABILITIES |
$8,440 |
($4,662) |
$5 |
$7,919 |
$5,178 |
|
|||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||
INCOME STATEMENT |
FPL |
Elims |
FPL |
ESI |
FPL |
OPERATING REVENUES |
$1,252 |
$972 |
$0 |
$1,095 |
($815) |
OPERATING EXPENSES |
0 |
||||
Fuel, purchased power & interchange |
480 |
983 |
0 |
413 |
(916) |
Other operations and maintenance |
337 |
1 |
1 |
243 |
92 |
Depreciation & amortization |
187 |
(2) |
0 |
170 |
19 |
Taxes other than income taxes |
55 |
(1) |
0 |
41 |
15 |
Total operating expenses |
1,059 |
981 |
1 |
867 |
(790) |
OPERATING INCOME |
193 |
(9) |
(1) |
228 |
(25) |
OTHER INCOME (DEDUCTIONS): |
|||||
Interest charges |
(124) |
11 |
0 |
(73) |
(62) |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
89 |
4 |
0 |
84 |
1 |
Other - net |
35 |
(3) |
0 |
3 |
35 |
Total other deductions - net |
0 |
12 |
0 |
14 |
(26) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
193 |
3 |
(1) |
242 |
(51) |
INCOME TAXES |
(4) |
2 |
0 |
18 |
(24) |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||
IN ACCOUNTING PRINCIPLE |
197 |
1 |
(1) |
224 |
(27) |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||
Interest Entities," net of income taxes benefit of $2 |
(3) |
0 |
0 |
(3) |
0 |
NET INCOME (LOSS) |
194 |
1 |
(1) |
221 |
(27) |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
26 |
0 |
(29) |
548 |
(493) |
DEDUCT: |
|||||
Dividends |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$220 |
$1 |
($30) |
$769 |
($520) |
FPL ENERGY, LLC AND SUBSIDIARIES |
9 |
|||
ASSETS |
FPL |
Elims |
FPL |
Karaha |
PROPERTY, PLANT AND EQUIPMENT |
||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
Other receivables |
1 |
7 |
(6) |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
Total current assets |
1 |
7 |
(6) |
0 |
OTHER ASSETS: |
|
|
||
Special use funds |
0 |
0 |
0 |
0 |
Other investments |
0 |
(24) |
24 |
0 |
Other |
4 |
0 |
4 |
0 |
Total other assets |
4 |
(24) |
28 |
0 |
TOTAL ASSETS |
$5 |
($17) |
$22 |
$0 |
CAPITALIZATION |
||||
Common shareholders' equity |
($3) |
($24) |
$22 |
($1) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
Total capitalization |
(3) |
(24) |
22 |
(1) |
CURRENT LIABILITIES |
||||
Commercial paper |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
7 |
7 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
Other |
1 |
0 |
0 |
1 |
Total current liabilities |
8 |
7 |
0 |
1 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||
TOTAL CAPITALIZATION AND LIABILITIES |
$5 |
($17) |
$22 |
$0 |
CONSOLIDATING STATEMENTS OF INCOME AND |
||||
INCOME STATEMENT |
FPL |
Elims |
FPL |
Karaha |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
Other operations and maintenance |
1 |
0 |
1 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
Total operating expenses |
1 |
0 |
1 |
0 |
OPERATING INCOME |
(1) |
0 |
(1) |
0 |
OTHER INCOME (DEDUCTIONS): |
||||
Interest charges |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(1) |
0 |
(1) |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||
IN ACCOUNTING PRINCIPLE |
(1) |
0 |
(1) |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||
FASB Interpretation No. 46, "Consol. of Variable |
||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
(1) |
0 |
(1) |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(29) |
0 |
(17) |
(12) |
DEDUCT: |
||||
Dividends |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($30) |
$0 |
($18) |
($12) |
FPL ENERGY, LLC AND SUBSIDIARIES |
|
10 |
||||||
ASSETS |
ESI |
Elims |
ESI |
FPL |
CH |
CH |
FPL |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$6,227 |
($3) |
$0 |
$0 |
$0 |
$0 |
$26 |
$0 |
Nuclear fuel |
83 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
575 |
(4) |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
(605) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
6,280 |
(7) |
0 |
0 |
0 |
0 |
26 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
74 |
30 |
0 |
0 |
3 |
0 |
0 |
0 |
Customer receivables - net |
58 |
(1) |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
540 |
(292) |
384 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
81 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
100 |
(30) |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
853 |
(293) |
384 |
0 |
3 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
274 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
376 |
(5,164) |
3,762 |
(7) |
0 |
0 |
0 |
0 |
Other |
136 |
(85) |
82 |
0 |
0 |
0 |
8 |
0 |
Total other assets |
786 |
(5,249) |
3,844 |
(7) |
0 |
0 |
8 |
0 |
TOTAL ASSETS |
$7,919 |
($5,549) |
$4,228 |
($7) |
$3 |
$0 |
$34 |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$4,421 |
($4,520) |
$4,038 |
($7) |
$3 |
$0 |
$34 |
$0 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
1,954 |
(648) |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
6,375 |
(5,168) |
4,038 |
(7) |
3 |
0 |
34 |
0 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
12 |
(4) |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
81 |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
35 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
32 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
335 |
(291) |
4 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
495 |
(291) |
4 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
174 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
737 |
(90) |
186 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
138 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
1,049 |
(90) |
186 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$7,919 |
($5,549) |
$4,228 |
($7) |
$3 |
$0 |
$34 |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
ESI |
Elims |
ESI |
FPL |
CH |
CH |
FPL |
ESI |
OPERATING REVENUES |
$1,095 |
($19) |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
413 |
(12) |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
243 |
(2) |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
170 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
41 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
867 |
(14) |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
228 |
(5) |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
(73) |
46 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
84 |
2 |
(1) |
0 |
0 |
0 |
0 |
0 |
Other - net |
3 |
(52) |
3 |
0 |
0 |
(1) |
0 |
0 |
Total other deductions - net |
14 |
(4) |
2 |
0 |
0 |
(1) |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
242 |
(9) |
2 |
0 |
0 |
(1) |
0 |
0 |
INCOME TAXES |
18 |
0 |
(28) |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
224 |
(9) |
30 |
0 |
0 |
(1) |
0 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
(3) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
221 |
(9) |
30 |
0 |
0 |
(1) |
0 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
548 |
(13) |
74 |
0 |
(1) |
6 |
0 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$769 |
($22) |
$104 |
$0 |
($1) |
$5 |
$0 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
11 |
|||||||
ASSETS |
ESI |
ESI |
ESI |
ESI |
ESI LP, |
ESI |
ESI |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
(2) |
0 |
0 |
0 |
(12) |
2 |
0 |
0 |
Other |
0 |
1 |
0 |
0 |
0 |
3 |
1 |
0 |
Total other assets |
(2) |
1 |
0 |
0 |
(12) |
5 |
1 |
0 |
TOTAL ASSETS |
($2) |
$1 |
$0 |
$0 |
($12) |
$5 |
$1 |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
($14) |
$1 |
$0 |
$0 |
($12) |
$5 |
$1 |
$0 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
(11) |
1 |
0 |
0 |
(12) |
5 |
1 |
0 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
9 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
9 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
($2) |
$1 |
$0 |
$0 |
($12) |
$5 |
$1 |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
ESI |
ESI |
ESI |
ESI |
ESI LP, |
ESI |
ESI Pittsylvania, Inc. |
ESI |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$1 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
2 |
2 |
0 |
1 |
0 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
2 |
2 |
0 |
1 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
2 |
2 |
0 |
1 |
1 |
0 |
INCOME TAXES |
0 |
0 |
1 |
1 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
1 |
1 |
0 |
1 |
1 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
0 |
1 |
1 |
0 |
1 |
1 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
3 |
3 |
1 |
0 |
0 |
9 |
3 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$3 |
$3 |
$2 |
$1 |
$0 |
$10 |
$4 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
12 |
|||||||
ASSETS |
ESI |
ESI |
MES |
ESI LP, |
ESI |
ESI |
ESI |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
7 |
(3) |
0 |
0 |
10 |
0 |
(36) |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other assets |
7 |
(3) |
0 |
0 |
10 |
0 |
(36) |
0 |
TOTAL ASSETS |
$7 |
($3) |
$5 |
$0 |
$10 |
$0 |
($36) |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$5 |
($6) |
$5 |
$0 |
$9 |
$0 |
($36) |
($25) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
12 |
Total capitalization |
5 |
(6) |
5 |
0 |
9 |
0 |
(36) |
(13) |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
2 |
3 |
0 |
0 |
1 |
0 |
0 |
13 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
2 |
3 |
0 |
0 |
1 |
0 |
0 |
13 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$7 |
($3) |
$5 |
$0 |
$10 |
$0 |
($36) |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
ESI |
ESI |
MES |
ESI LP, |
ESI |
ESI |
ESI |
ESI |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
3 |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
Other - net |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
3 |
1 |
0 |
0 |
3 |
0 |
0 |
(1) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
3 |
1 |
0 |
0 |
3 |
0 |
0 |
(1) |
INCOME TAXES |
1 |
0 |
0 |
0 |
(1) |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
2 |
1 |
0 |
0 |
4 |
0 |
0 |
(1) |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
2 |
1 |
0 |
0 |
4 |
0 |
0 |
(1) |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(6) |
11 |
17 |
0 |
30 |
0 |
0 |
(13) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($4) |
$12 |
$17 |
$0 |
$34 |
$0 |
$0 |
($14) |
FPL ENERGY, LLC AND SUBSIDIARIES |
13 |
|||||||
ASSETS |
ESI |
ESI |
ESI |
ESI |
ESI |
ESI |
FPL |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$10 |
$65 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
10 |
64 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
(13) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other assets |
(13) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
TOTAL ASSETS |
($13) |
$0 |
$0 |
$0 |
$0 |
$0 |
$10 |
$64 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
($13) |
($15) |
$0 |
$0 |
$0 |
$0 |
$10 |
$62 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
(13) |
(15) |
0 |
0 |
0 |
0 |
10 |
62 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
($13) |
$0 |
$0 |
$0 |
$0 |
$0 |
$10 |
$64 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
ESI |
ESI |
ESI LP, |
ESI |
ESI |
ESI |
FPL |
FPL |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$1 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
(13) |
0 |
0 |
9 |
0 |
0 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
($13) |
$0 |
$0 |
$9 |
$0 |
$0 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
14 |
|||||||
ASSETS |
FPL |
FPL |
Harper |
Harper |
ESI |
ESI |
ESI |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$280 |
$171 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
(29) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
252 |
171 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
0 |
0 |
0 |
15 |
0 |
2 |
30 |
Other |
5 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other assets |
5 |
0 |
0 |
0 |
15 |
0 |
2 |
30 |
TOTAL ASSETS |
$261 |
$171 |
$0 |
$0 |
$15 |
$0 |
$2 |
$30 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$128 |
$143 |
$0 |
$0 |
$11 |
$0 |
$1 |
($14) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
122 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
250 |
143 |
0 |
0 |
11 |
0 |
1 |
(14) |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
6 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
3 |
22 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
9 |
23 |
0 |
0 |
0 |
0 |
0 |
6 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
4 |
0 |
1 |
38 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
2 |
5 |
0 |
0 |
4 |
0 |
1 |
38 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$261 |
$171 |
$0 |
$0 |
$15 |
$0 |
$2 |
$30 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
FPL |
FPL |
Harper |
Harper |
ESI |
ESI |
ESI |
ESI |
OPERATING REVENUES |
$16 |
$0 |
$0 |
$0 |
$1 |
$0 |
$1 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
5 |
0 |
Other operations and maintenance |
5 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
Depreciation & amortization |
13 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
20 |
0 |
0 |
0 |
0 |
0 |
6 |
0 |
OPERATING INCOME |
(4) |
0 |
0 |
0 |
1 |
0 |
(5) |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(5) |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
4 |
0 |
1 |
34 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
4 |
0 |
1 |
29 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(4) |
0 |
0 |
0 |
5 |
0 |
(4) |
29 |
INCOME TAXES |
0 |
0 |
0 |
0 |
2 |
0 |
(2) |
11 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
(4) |
0 |
0 |
0 |
3 |
0 |
(2) |
18 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
|||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
(4) |
0 |
0 |
0 |
3 |
0 |
(2) |
18 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(6) |
0 |
0 |
0 |
14 |
0 |
0 |
48 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($10) |
$0 |
$0 |
$0 |
$17 |
$0 |
($2) |
$66 |
FPL ENERGY, LLC AND SUBSIDIARIES |
15 |
|||||||
ASSETS |
ESI |
Northern |
ESI |
FPL |
FPL |
Sullivan |
ESI |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$55 |
$42 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
(1) |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
54 |
42 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
33 |
0 |
0 |
0 |
0 |
15 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
Total other assets |
0 |
33 |
0 |
0 |
0 |
0 |
16 |
0 |
TOTAL ASSETS |
$0 |
$36 |
$0 |
$54 |
$42 |
$0 |
$16 |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$36 |
$0 |
$51 |
$40 |
$0 |
$5 |
$0 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
0 |
36 |
0 |
51 |
40 |
0 |
5 |
0 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
3 |
2 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
3 |
2 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
10 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
0 |
11 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$36 |
$0 |
$54 |
$42 |
$0 |
$16 |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
ESI |
Northern |
ESI |
FPL |
FPL |
Sullivan |
ESI |
ESI |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$1 |
$1 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
1 |
1 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
1 |
1 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
Other - net |
0 |
6 |
0 |
0 |
0 |
1 |
0 |
0 |
Total other deductions - net |
0 |
6 |
0 |
0 |
0 |
1 |
1 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
6 |
0 |
0 |
0 |
1 |
1 |
0 |
INCOME TAXES |
0 |
2 |
0 |
0 |
0 |
0 |
(1) |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
4 |
0 |
0 |
0 |
1 |
2 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
4 |
0 |
0 |
0 |
1 |
2 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
17 |
0 |
0 |
0 |
49 |
6 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$21 |
$0 |
$0 |
$0 |
$50 |
$8 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
16 |
|||||||
ASSETS |
Harper |
ESI |
FPL |
ESI |
ESI |
Ridgetop |
FPL |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
0 |
0 |
0 |
6 |
11 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other assets |
0 |
0 |
0 |
0 |
6 |
11 |
0 |
0 |
TOTAL ASSETS |
$0 |
$0 |
$0 |
$0 |
$6 |
$11 |
$0 |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$0 |
$0 |
$0 |
$6 |
$8 |
($6) |
$0 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
0 |
0 |
0 |
0 |
6 |
8 |
(6) |
0 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
3 |
6 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
3 |
6 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$0 |
$0 |
$0 |
$6 |
$11 |
$0 |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Harper |
ESI |
FPL |
ESI |
ESI |
Ridgetop |
FPL |
FPL |
OPERATING REVENUES |
$0 |
$1 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
1 |
1 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
1 |
1 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
1 |
0 |
0 |
0 |
1 |
1 |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
1 |
0 |
0 |
0 |
1 |
1 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
1 |
0 |
0 |
0 |
1 |
1 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
2 |
(3) |
0 |
0 |
1 |
6 |
(1) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$3 |
($3) |
$0 |
$0 |
$2 |
$7 |
($1) |
FPL ENERGY, LLC AND SUBSIDIARIES |
17 |
|||||||
ASSETS |
Doswell |
FPL |
UFG |
ESI |
ESI |
ESI |
ESI |
ESI |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(1) |
Other receivables |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
1 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
8 |
0 |
28 |
0 |
4 |
(3) |
1 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other assets |
0 |
8 |
0 |
28 |
0 |
4 |
(3) |
1 |
TOTAL ASSETS |
$0 |
$8 |
$1 |
$28 |
$0 |
$4 |
($3) |
$1 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$8 |
$0 |
$28 |
$0 |
$4 |
($3) |
($10) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
0 |
8 |
0 |
28 |
0 |
4 |
(3) |
(10) |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
11 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
11 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$8 |
$1 |
$28 |
$0 |
$4 |
($3) |
$1 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Doswell |
FPL |
UFG |
ESI |
ESI |
ESI |
ESI |
ESI |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
24 |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
27 |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
27 |
0 |
0 |
0 |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
11 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
0 |
27 |
0 |
0 |
0 |
(11) |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
0 |
0 |
27 |
0 |
0 |
0 |
(11) |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
(7) |
3 |
0 |
0 |
0 |
(4) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$0 |
($7) |
$30 |
$0 |
$0 |
$0 |
($15) |
FPL ENERGY, LLC AND SUBSIDIARIES |
18 |
|||||||
ASSETS |
FPL |
FPL |
FPL |
FPL |
ESI |
FPL |
FPL |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
37 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
0 |
0 |
0 |
37 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
8 |
1 |
121 |
0 |
309 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
Total other assets |
0 |
8 |
1 |
121 |
0 |
312 |
0 |
0 |
TOTAL ASSETS |
$0 |
$8 |
$1 |
$121 |
$0 |
$349 |
$0 |
$0 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$6 |
$0 |
$121 |
$0 |
$0 |
$0 |
$0 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
309 |
0 |
0 |
Total capitalization |
0 |
6 |
0 |
121 |
0 |
309 |
0 |
0 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
37 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
40 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
2 |
1 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
2 |
1 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$8 |
$1 |
$121 |
$0 |
$349 |
$0 |
$0 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
FPL |
FPL |
FPL |
FPL |
ESI |
FPL |
FPL |
FPL |
OPERATING REVENUES |
$2 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
(28) |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
1 |
0 |
(8) |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
1 |
0 |
0 |
28 |
0 |
0 |
Total other deductions - net |
0 |
1 |
1 |
(8) |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
1 |
1 |
(8) |
0 |
0 |
0 |
0 |
INCOME TAXES |
0 |
0 |
(3) |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
1 |
4 |
(8) |
0 |
0 |
0 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
1 |
4 |
(8) |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
1 |
4 |
(2) |
(1) |
0 |
0 |
0 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$1 |
$5 |
$2 |
($9) |
$0 |
$0 |
$0 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
19 |
|||||||
ASSETS |
FPL |
FPL |
FPL |
Tower |
ESI |
FPL |
Midway |
FPL |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
Total current assets |
0 |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
446 |
761 |
0 |
0 |
0 |
0 |
12 |
Other |
0 |
0 |
1 |
0 |
0 |
0 |
8 |
0 |
Total other assets |
0 |
446 |
762 |
0 |
0 |
0 |
8 |
12 |
TOTAL ASSETS |
$0 |
$446 |
$777 |
$0 |
$3 |
$0 |
$8 |
$12 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$446 |
$445 |
$0 |
$3 |
$0 |
$8 |
$12 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
315 |
0 |
0 |
0 |
0 |
0 |
Total capitalization |
0 |
446 |
760 |
0 |
3 |
0 |
8 |
12 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
Total current liabilities |
0 |
0 |
15 |
0 |
0 |
0 |
0 |
0 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
0 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$446 |
$777 |
$0 |
$3 |
$0 |
$8 |
$12 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
FPL |
FPL |
FPL |
Tower |
ESI |
FPL |
Midway |
FPL |
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
(7) |
0 |
0 |
0 |
0 |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
7 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
20 |
|||||||
ASSETS |
Uinta |
American |
Backbone |
Blythe |
Calhoun I |
Delaware |
Doswell |
Forney |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$557 |
$73 |
$468 |
$235 |
$21 |
$463 |
$835 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
0 |
(58) |
(4) |
0 |
(6) |
(2) |
(142) |
(15) |
Total prop., plant and eqpt. - net |
0 |
499 |
69 |
468 |
229 |
19 |
321 |
820 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
1 |
0 |
6 |
13 |
Customer receivables - net |
0 |
6 |
1 |
0 |
0 |
1 |
31 |
0 |
Other receivables |
0 |
232 |
0 |
3 |
15 |
0 |
7 |
34 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
2 |
0 |
7 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
33 |
0 |
3 |
4 |
0 |
1 |
1 |
Total current assets |
0 |
271 |
1 |
6 |
22 |
1 |
52 |
48 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
11 |
6 |
0 |
7 |
0 |
9 |
2 |
Total other assets |
0 |
11 |
6 |
0 |
7 |
0 |
9 |
2 |
TOTAL ASSETS |
$0 |
$781 |
$76 |
$474 |
$258 |
$20 |
$382 |
$870 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$0 |
$158 |
$57 |
$105 |
$114 |
$15 |
($17) |
$793 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
479 |
0 |
272 |
110 |
0 |
309 |
0 |
Total capitalization |
0 |
637 |
57 |
377 |
224 |
15 |
292 |
793 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
26 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
3 |
0 |
3 |
0 |
0 |
14 |
5 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
14 |
0 |
0 |
1 |
1 |
0 |
5 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
14 |
3 |
45 |
3 |
0 |
42 |
52 |
Total current liabilities |
0 |
57 |
3 |
48 |
4 |
1 |
56 |
62 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
3 |
0 |
1 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
70 |
15 |
44 |
28 |
3 |
26 |
5 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
14 |
1 |
4 |
2 |
1 |
8 |
10 |
Total other liab. & def. credits |
0 |
87 |
16 |
49 |
30 |
4 |
34 |
15 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$781 |
$76 |
$474 |
$258 |
$20 |
$382 |
$870 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Uinta |
American |
Backbone |
Blythe |
Calhoun I |
Delaware |
Doswell |
Forney |
OPERATING REVENUES |
$0 |
$35 |
$6 |
($3) |
$19 |
$2 |
$183 |
$129 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
(7) |
1 |
0 |
83 |
91 |
Other operations and maintenance |
0 |
9 |
1 |
2 |
4 |
1 |
14 |
19 |
Depreciation & amortization |
0 |
21 |
4 |
0 |
5 |
1 |
14 |
14 |
Taxes other than income taxes |
0 |
1 |
0 |
0 |
1 |
1 |
1 |
3 |
Total operating expenses |
0 |
31 |
5 |
(5) |
11 |
3 |
112 |
127 |
OPERATING INCOME |
0 |
4 |
1 |
2 |
8 |
(1) |
71 |
2 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
(14) |
0 |
(12) |
(3) |
0 |
(29) |
0 |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other - net |
0 |
6 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
(8) |
0 |
(12) |
(3) |
0 |
(29) |
0 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
(4) |
1 |
(10) |
5 |
(1) |
42 |
2 |
INCOME TAXES |
0 |
(9) |
(2) |
(4) |
2 |
(1) |
11 |
1 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
5 |
3 |
(6) |
3 |
0 |
31 |
1 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
0 |
5 |
3 |
(6) |
3 |
0 |
31 |
1 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
26 |
0 |
(3) |
0 |
0 |
123 |
(2) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$31 |
$3 |
($9) |
$3 |
$0 |
$154 |
($1) |
FPL ENERGY, LLC AND SUBSIDIARIES |
21 |
|||||||
ASSETS |
Gray |
Indian |
LSP VIII |
LSP IX |
MH50 |
MH700 |
Mojave |
New |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$103 |
$83 |
$0 |
$0 |
$18 |
$0 |
$0 |
$198 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
539 |
0 |
0 |
Less accumulated depr. & amort. |
(12) |
(6) |
0 |
0 |
(5) |
0 |
0 |
(3) |
Total prop., plant and eqpt. - net |
91 |
77 |
0 |
0 |
13 |
539 |
0 |
195 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Customer receivables - net |
1 |
1 |
0 |
0 |
0 |
0 |
0 |
3 |
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
1 |
1 |
0 |
0 |
0 |
2 |
0 |
0 |
Total current assets |
2 |
2 |
0 |
0 |
0 |
2 |
0 |
6 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
0 |
6 |
10 |
0 |
0 |
8 |
0 |
Other |
0 |
2 |
0 |
0 |
0 |
24 |
0 |
0 |
Total other assets |
0 |
2 |
6 |
10 |
0 |
24 |
8 |
0 |
TOTAL ASSETS |
$93 |
$81 |
$6 |
$10 |
$13 |
$565 |
$8 |
$201 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$69 |
$60 |
($14) |
($19) |
$3 |
$332 |
$8 |
($76) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
9 |
205 |
0 |
0 |
Total capitalization |
69 |
60 |
(14) |
(19) |
12 |
537 |
8 |
(76) |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
1 |
0 |
1 |
2 |
1 |
28 |
0 |
239 |
Total current liabilities |
1 |
0 |
1 |
2 |
1 |
28 |
0 |
240 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
1 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
Accumulated deferred income taxes |
22 |
15 |
19 |
27 |
0 |
0 |
0 |
37 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other liab. & def. credits |
23 |
21 |
19 |
27 |
0 |
0 |
0 |
37 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$93 |
$81 |
$6 |
$10 |
$13 |
$565 |
$8 |
$201 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Gray |
Indian |
LSP VIII |
LSP IX |
MH50 |
MH700 |
Mojave |
New |
OPERATING REVENUES |
$9 |
$7 |
$1 |
$1 |
$5 |
$0 |
$1 |
$5 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
4 |
0 |
0 |
0 |
Other operations and maintenance |
3 |
2 |
0 |
0 |
2 |
1 |
1 |
1 |
Depreciation & amortization |
5 |
4 |
0 |
0 |
1 |
0 |
0 |
3 |
Taxes other than income taxes |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
Total operating expenses |
8 |
7 |
0 |
0 |
7 |
1 |
1 |
4 |
OPERATING INCOME |
1 |
0 |
1 |
1 |
(2) |
(1) |
0 |
1 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
(1) |
(2) |
0 |
(7) |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
5 |
5 |
0 |
0 |
3 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Total other deductions - net |
0 |
0 |
5 |
5 |
(1) |
(2) |
3 |
(7) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
0 |
6 |
6 |
(3) |
(3) |
3 |
(6) |
INCOME TAXES |
(4) |
(2) |
1 |
1 |
(1) |
(1) |
0 |
(7) |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
5 |
2 |
5 |
5 |
(2) |
(2) |
3 |
1 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NET INCOME (LOSS) |
5 |
2 |
5 |
5 |
(2) |
(2) |
3 |
1 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
10 |
0 |
11 |
9 |
(1) |
(1) |
19 |
0 |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$15 |
$2 |
$16 |
$14 |
($3) |
($3) |
$22 |
$1 |
FPL ENERGY, LLC AND SUBSIDIARIES |
22 |
|||||||
ASSETS |
Oklahoma |
Ormesa |
Operating |
Paris |
Pecos |
Pennsylvania |
Posdef |
Rhode |
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$59 |
$0 |
$0 |
$452 |
$150 |
$73 |
$103 |
$355 |
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Less accumulated depr. & amort. |
(1) |
0 |
0 |
(50) |
(20) |
0 |
(92) |
(13) |
Total prop., plant and eqpt. - net |
58 |
0 |
0 |
402 |
130 |
73 |
11 |
342 |
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
3 |
0 |
0 |
1 |
13 |
Customer receivables - net |
0 |
0 |
0 |
1 |
1 |
0 |
2 |
0 |
Other receivables |
0 |
0 |
4 |
24 |
0 |
0 |
0 |
14 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
13 |
0 |
0 |
3 |
9 |
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
1 |
1 |
2 |
0 |
9 |
Total current assets |
0 |
0 |
4 |
42 |
2 |
2 |
6 |
45 |
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other investments |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
1 |
0 |
0 |
4 |
3 |
7 |
Total other assets |
0 |
0 |
1 |
0 |
0 |
4 |
3 |
7 |
TOTAL ASSETS |
$58 |
$0 |
$5 |
$444 |
$132 |
$79 |
$20 |
$394 |
CAPITALIZATION |
||||||||
Common shareholders' equity |
$53 |
$0 |
$3 |
$396 |
$95 |
$45 |
$3 |
($16) |
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
346 |
Total capitalization |
53 |
0 |
3 |
396 |
95 |
45 |
3 |
330 |
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
10 |
Accounts payable |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
2 |
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Accrued interest and taxes |
0 |
0 |
0 |
4 |
1 |
0 |
1 |
0 |
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
5 |
0 |
2 |
16 |
0 |
11 |
2 |
21 |
Total current liabilities |
5 |
0 |
2 |
21 |
1 |
11 |
3 |
33 |
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
Accumulated deferred income taxes |
0 |
0 |
0 |
19 |
35 |
11 |
0 |
3 |
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
8 |
0 |
12 |
14 |
28 |
Total other liab. & def. credits |
0 |
0 |
0 |
27 |
36 |
23 |
14 |
31 |
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$58 |
$0 |
$5 |
$444 |
$132 |
$79 |
$20 |
$394 |
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Oklahoma |
Ormesa |
Operating |
Paris |
Pecos |
Pennsylvania |
Posdef |
Rhode |
OPERATING REVENUES |
$1 |
$0 |
$8 |
$191 |
$7 |
$4 |
$31 |
$105 |
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
132 |
0 |
0 |
9 |
69 |
Other operations and maintenance |
0 |
0 |
(2) |
25 |
2 |
1 |
6 |
16 |
Depreciation & amortization |
1 |
0 |
0 |
15 |
8 |
1 |
1 |
6 |
Taxes other than income taxes |
0 |
0 |
3 |
4 |
2 |
0 |
0 |
1 |
Total operating expenses |
1 |
0 |
1 |
176 |
12 |
2 |
16 |
92 |
OPERATING INCOME |
0 |
0 |
7 |
15 |
(5) |
2 |
15 |
13 |
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(7) |
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(10) |
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(17) |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
7 |
15 |
(5) |
2 |
15 |
(4) |
INCOME TAXES |
0 |
0 |
2 |
2 |
(3) |
0 |
6 |
(6) |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
5 |
13 |
(2) |
2 |
9 |
2 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
(3) |
NET INCOME (LOSS) |
0 |
0 |
5 |
13 |
(2) |
2 |
9 |
(1) |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
16 |
59 |
5 |
0 |
4 |
(2) |
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$0 |
$21 |
$72 |
$3 |
$2 |
$13 |
($3) |
FPL ENERGY, LLC AND SUBSIDIARIES |
23 |
||||||||||||||
ASSETS |
Rockaway |
Seabrook |
Sky |
Upton |
Vansycle |
Victory |
Waymart |
||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||
Elec. utility plant in ser. & other property |
$118 |
$724 |
$74 |
$288 |
$28 |
$13 |
$90 |
||||||||
Nuclear fuel |
0 |
83 |
0 |
0 |
0 |
0 |
0 |
||||||||
Construction work in progress |
1 |
35 |
0 |
0 |
0 |
0 |
0 |
||||||||
Less accumulated depr. & amort. |
(5) |
(48) |
(42) |
(32) |
(7) |
(10) |
(1) |
||||||||
Total prop., plant and eqpt. - net |
114 |
794 |
32 |
256 |
21 |
3 |
89 |
||||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
1 |
0 |
0 |
0 |
0 |
1 |
0 |
||||||||
Customer receivables - net |
4 |
0 |
0 |
4 |
1 |
0 |
1 |
||||||||
Other receivables |
0 |
59 |
2 |
1 |
0 |
3 |
1 |
||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
1 |
46 |
0 |
0 |
0 |
0 |
0 |
||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
3 |
48 |
4 |
0 |
0 |
0 |
0 |
||||||||
Total current assets |
9 |
153 |
6 |
5 |
1 |
4 |
2 |
||||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
274 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other investments |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
3 |
12 |
11 |
6 |
0 |
2 |
(2) |
||||||||
Total other assets |
3 |
286 |
11 |
6 |
0 |
2 |
(2) |
||||||||
TOTAL ASSETS |
$126 |
$1,233 |
$49 |
$267 |
$22 |
$9 |
$89 |
||||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
($11) |
$958 |
$36 |
$190 |
$14 |
$8 |
$57 |
||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Long-term debt |
111 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total capitalization |
100 |
958 |
36 |
190 |
14 |
8 |
57 |
||||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Note payable |
0 |
0 |
6 |
0 |
0 |
0 |
0 |
||||||||
Current maturities of long-term debt |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accounts payable |
1 |
4 |
0 |
0 |
0 |
0 |
0 |
||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accrued interest and taxes |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
5 |
58 |
6 |
2 |
0 |
1 |
11 |
||||||||
Total current liabilities |
10 |
62 |
12 |
5 |
0 |
1 |
11 |
||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
0 |
163 |
1 |
1 |
0 |
0 |
0 |
||||||||
Accumulated deferred income taxes |
16 |
31 |
0 |
71 |
8 |
0 |
17 |
||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
19 |
0 |
0 |
0 |
0 |
4 |
||||||||
Total other liab. & def. credits |
16 |
213 |
1 |
72 |
8 |
0 |
21 |
||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$126 |
$1,233 |
$49 |
$267 |
$22 |
$9 |
$89 |
||||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||
INCOME STATEMENT |
Rockaway |
Seabrook |
Sky River |
Upton |
Vansycle |
Victory |
Waymart |
||||||||
OPERATING REVENUES |
$19 |
$294 |
$3 |
$19 |
$4 |
$1 |
$2 |
||||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
0 |
38 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other operations and maintenance |
3 |
119 |
0 |
5 |
1 |
0 |
1 |
||||||||
Depreciation & amortization |
4 |
28 |
0 |
15 |
2 |
0 |
1 |
||||||||
Taxes other than income taxes |
0 |
18 |
0 |
3 |
0 |
0 |
0 |
||||||||
Total operating expenses |
7 |
203 |
0 |
23 |
3 |
0 |
2 |
||||||||
OPERATING INCOME |
12 |
91 |
3 |
(4) |
1 |
1 |
0 |
||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
(3) |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other - net |
0 |
10 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total other deductions - net |
(3) |
10 |
0 |
0 |
0 |
0 |
0 |
||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
9 |
101 |
3 |
(4) |
1 |
1 |
0 |
||||||||
INCOME TAXES |
4 |
39 |
0 |
(3) |
(1) |
0 |
(1) |
||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
5 |
62 |
3 |
(1) |
2 |
1 |
1 |
||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Interest Entities," net of income taxes benefit of $2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
NET INCOME (LOSS) |
5 |
62 |
3 |
(1) |
2 |
1 |
1 |
||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
2 |
15 |
0 |
3 |
8 |
0 |
0 |
||||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$7 |
$77 |
$3 |
$2 |
$10 |
$1 |
$1 |
FPL ENERGY AMERICAN WIND, LLC |
24 |
|||||||||||||||
ASSETS |
American |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
Hawkeye |
||||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||||||
Elec. utility plant in ser. & other property |
$557 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$43 |
||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Less accumulated depr. & amort. |
(58) |
0 |
0 |
0 |
0 |
0 |
0 |
(8) |
||||||||
Total prop., plant and eqpt. - net |
499 |
0 |
0 |
0 |
0 |
0 |
0 |
35 |
||||||||
CURRENT ASSETS |
||||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Customer receivables - net |
6 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
||||||||
Other receivables |
232 |
0 |
0 |
32 |
0 |
0 |
198 |
0 |
||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
33 |
0 |
0 |
0 |
0 |
0 |
31 |
0 |
||||||||
Total current assets |
271 |
0 |
0 |
32 |
0 |
0 |
229 |
1 |
||||||||
OTHER ASSETS: |
||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other investments |
0 |
(1,731) |
232 |
322 |
322 |
322 |
474 |
0 |
||||||||
Other |
11 |
0 |
0 |
3 |
0 |
0 |
8 |
0 |
||||||||
Total other assets |
11 |
(1,731) |
232 |
325 |
322 |
322 |
482 |
0 |
||||||||
TOTAL ASSETS |
$781 |
($1,731) |
$232 |
$357 |
$322 |
$322 |
$711 |
$36 |
||||||||
CAPITALIZATION |
||||||||||||||||
Common shareholders' equity |
$158 |
($1,731) |
$232 |
$232 |
$322 |
$322 |
$318 |
$34 |
||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Long-term debt |
479 |
0 |
0 |
118 |
0 |
0 |
361 |
0 |
||||||||
Total capitalization |
637 |
(1,731) |
232 |
350 |
322 |
322 |
679 |
34 |
||||||||
CURRENT LIABILITIES |
||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Current maturities of long-term debt |
26 |
0 |
0 |
7 |
0 |
0 |
19 |
0 |
||||||||
Accounts payable |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accrued interest and taxes |
14 |
0 |
0 |
0 |
0 |
0 |
13 |
0 |
||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
14 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total current liabilities |
57 |
0 |
0 |
7 |
0 |
0 |
32 |
0 |
||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||||||
Asset retirement obligations |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
||||||||
Accumulated deferred income taxes |
70 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
14 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
||||||||
Total other liab. & def. credits |
87 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
||||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$781 |
($1,731) |
$232 |
$357 |
$322 |
$322 |
$711 |
$36 |
||||||||
|
||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||||||
INCOME STATEMENT |
American |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
Hawkeye |
||||||||
OPERATING REVENUES |
$35 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$3 |
||||||||
OPERATING EXPENSES |
||||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other operations and maintenance |
9 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
||||||||
Depreciation & amortization |
21 |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
||||||||
Taxes other than income taxes |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total operating expenses |
31 |
0 |
0 |
0 |
0 |
0 |
0 |
3 |
||||||||
OPERATING INCOME |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||||||
Interest charges |
(14) |
0 |
0 |
0 |
0 |
0 |
(13) |
0 |
||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Equity in earnings of equity method investees |
0 |
(21) |
4 |
4 |
4 |
4 |
7 |
0 |
||||||||
Other - net |
6 |
0 |
0 |
0 |
0 |
0 |
6 |
0 |
||||||||
Total other deductions - net |
(8) |
(21) |
4 |
4 |
4 |
4 |
0 |
0 |
||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(4) |
(21) |
4 |
4 |
4 |
4 |
0 |
0 |
||||||||
INCOME TAXES |
(9) |
0 |
(2) |
0 |
0 |
0 |
0 |
0 |
||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||||||
IN ACCOUNTING PRINCIPLE |
5 |
(21) |
6 |
4 |
4 |
4 |
0 |
0 |
||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
NET INCOME (LOSS) |
5 |
(21) |
6 |
4 |
4 |
4 |
0 |
0 |
||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
26 |
11 |
0 |
0 |
0 |
0 |
0 |
6 |
||||||||
DEDUCT: |
||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$31 |
($10) |
$6 |
$4 |
$4 |
$4 |
$0 |
$6 |
FPL ENERGY AMERICAN WIND, LLC |
25 |
|||||||||||
ASSETS |
Lake |
Badger |
FPL |
High |
OTG, |
West |
||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$121 |
$31 |
$99 |
$186 |
$0 |
$77 |
||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Less accumulated depr. & amort. |
(21) |
(4) |
(4) |
(3) |
0 |
(18) |
||||||
Total prop., plant and eqpt. - net |
100 |
27 |
95 |
183 |
0 |
59 |
||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Customer receivables - net |
1 |
1 |
1 |
1 |
0 |
1 |
||||||
Other receivables |
0 |
0 |
0 |
2 |
0 |
0 |
||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
1 |
0 |
1 |
0 |
0 |
0 |
||||||
Total current assets |
2 |
1 |
2 |
3 |
0 |
1 |
||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other investments |
0 |
0 |
0 |
0 |
0 |
59 |
||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total other assets |
0 |
0 |
0 |
0 |
0 |
59 |
||||||
TOTAL ASSETS |
$102 |
$28 |
$97 |
$186 |
$0 |
$119 |
||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$87 |
$28 |
$95 |
$171 |
($70) |
$118 |
||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total capitalization |
87 |
28 |
95 |
171 |
(70) |
118 |
||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Accounts payable |
0 |
0 |
0 |
3 |
0 |
0 |
||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
1 |
||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
1 |
0 |
1 |
12 |
0 |
0 |
||||||
Total current liabilities |
1 |
0 |
1 |
15 |
0 |
1 |
||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
1 |
0 |
1 |
0 |
0 |
0 |
||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
70 |
0 |
||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
13 |
0 |
0 |
0 |
0 |
0 |
||||||
Total other liab. & def. credits |
14 |
0 |
1 |
0 |
70 |
0 |
||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$102 |
$28 |
$97 |
$186 |
$0 |
$119 |
||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
Lake |
Badger |
FPL |
High |
OTG, |
West |
||||||
OPERATING REVENUES |
$9 |
$5 |
$7 |
$5 |
$0 |
$6 |
||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other operations and maintenance |
2 |
1 |
2 |
1 |
0 |
2 |
||||||
Depreciation & amortization |
6 |
2 |
4 |
3 |
0 |
4 |
||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
1 |
||||||
Total operating expenses |
8 |
3 |
6 |
4 |
0 |
7 |
||||||
OPERATING INCOME |
1 |
2 |
1 |
1 |
0 |
(1) |
||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
(1) |
||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
(2) |
||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
(3) |
||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
2 |
1 |
1 |
0 |
(4) |
||||||
INCOME TAXES |
0 |
0 |
0 |
0 |
(7) |
0 |
||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
1 |
2 |
1 |
1 |
7 |
(4) |
||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
0 |
|||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
NET INCOME (LOSS) |
1 |
2 |
1 |
1 |
7 |
(4) |
||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(10) |
3 |
0 |
0 |
22 |
(6) |
||||||
DEDUCT: |
0 |
|||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($9) |
$5 |
$1 |
$1 |
$29 |
($10) |
ESI WEST TEXAS ENERGY LP, LLC |
26 |
|||||||||||
ASSETS |
West |
Elims |
ESI |
ESI |
West |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$77 |
$0 |
$0 |
$0 |
$77 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(18) |
0 |
0 |
0 |
(18) |
|||||||
Total prop., plant and eqpt. - net |
59 |
0 |
0 |
0 |
59 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
1 |
0 |
0 |
0 |
1 |
|||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
1 |
0 |
0 |
0 |
1 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
59 |
0 |
1 |
58 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other assets |
59 |
0 |
1 |
58 |
0 |
|||||||
TOTAL ASSETS |
$119 |
$0 |
$1 |
$58 |
$60 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$118 |
$0 |
$1 |
$58 |
$59 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Total capitalization |
118 |
0 |
1 |
58 |
59 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
1 |
0 |
0 |
0 |
1 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current liabilities |
1 |
0 |
0 |
0 |
1 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$119 |
$0 |
$1 |
$58 |
$60 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
West |
Elims |
ESI |
ESI |
West |
|||||||
OPERATING REVENUES |
$6 |
$0 |
$0 |
$0 |
$6 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
2 |
0 |
0 |
0 |
2 |
|||||||
Depreciation & amortization |
4 |
0 |
0 |
0 |
4 |
|||||||
Taxes other than income taxes |
1 |
0 |
0 |
0 |
1 |
|||||||
Total operating expenses |
7 |
0 |
0 |
0 |
7 |
|||||||
OPERATING INCOME |
(1) |
0 |
0 |
0 |
(1) |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
(1) |
0 |
0 |
0 |
(1) |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
(2) |
0 |
0 |
(2) |
0 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
(3) |
0 |
0 |
(2) |
(1) |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(4) |
0 |
0 |
(2) |
(2) |
|||||||
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
(4) |
0 |
0 |
(2) |
(2) |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
|
||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
(4) |
0 |
0 |
(2) |
(2) |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(6) |
0 |
(2) |
6 |
(10) |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($10) |
$0 |
($2) |
$4 |
($12) |
BACKBONE WINDPOWER HOLDINGS, LLC |
|
|
27 |
||||||
ASSETS |
Backbone |
Elims |
Backbone |
Backbone |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$73 |
$0 |
$0 |
$73 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
0 |
0 |
0 |
0 |
|||||
Less accumulated depr. & amort. |
(4) |
0 |
0 |
(4) |
|||||
Total prop., plant and eqpt. - net |
69 |
0 |
0 |
69 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
1 |
0 |
0 |
1 |
|||||
Other receivables |
0 |
0 |
0 |
0 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total current assets |
1 |
0 |
0 |
1 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
|||||
Other investments |
0 |
(75) |
75 |
0 |
|||||
Other |
6 |
0 |
0 |
6 |
|||||
Total other assets |
6 |
(75) |
75 |
6 |
|||||
TOTAL ASSETS |
$76 |
($75) |
$75 |
$76 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$57 |
($75) |
$58 |
$74 |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
57 |
(75) |
58 |
74 |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
0 |
0 |
0 |
0 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
3 |
0 |
2 |
1 |
|||||
Total current liabilities |
3 |
0 |
2 |
1 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
15 |
0 |
15 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
1 |
0 |
0 |
1 |
|||||
Total other liab. & def. credits |
16 |
0 |
15 |
1 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$76 |
($75) |
$75 |
$76 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Backbone |
Elims |
Backbone Windpower Holdings, LLC |
Backbone Mountain Windpower LLC |
|||||
OPERATING REVENUES |
$6 |
$0 |
$0 |
$6 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
1 |
0 |
0 |
1 |
|||||
Depreciation & amortization |
4 |
0 |
0 |
4 |
|||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||||
Total operating expenses |
5 |
0 |
0 |
5 |
|||||
OPERATING INCOME |
1 |
0 |
0 |
1 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
0 |
(1) |
1 |
0 |
|||||
Other - net |
0 |
0 |
0 |
0 |
|||||
Total other deductions - net |
0 |
(1) |
1 |
0 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
(1) |
1 |
1 |
|||||
INCOME TAXES |
(2) |
0 |
(2) |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
3 |
(1) |
3 |
1 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
3 |
(1) |
3 |
1 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$3 |
($1) |
$3 |
$1 |
BLYTHE ENERGY ACQUISITIONS, LLC |
28 |
||||||||
ASSETS |
Blythe |
Elim |
FPL |
Blythe |
Blythe |
||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$468 |
$0 |
$0 |
$0 |
$468 |
||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
||||
Total prop., plant and eqpt. - net |
468 |
0 |
0 |
0 |
468 |
||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
||||
Other receivables |
3 |
0 |
0 |
0 |
3 |
||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
||||
Other |
3 |
0 |
0 |
0 |
3 |
||||
Total current assets |
6 |
0 |
0 |
0 |
6 |
||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
||||
Other investments |
0 |
(300) |
150 |
150 |
0 |
||||
Other |
0 |
(4) |
0 |
4 |
0 |
||||
Total other assets |
0 |
(304) |
150 |
154 |
0 |
||||
TOTAL ASSETS |
$474 |
($304) |
$150 |
$154 |
$474 |
||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$105 |
($300) |
$150 |
$105 |
$150 |
||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
||||
Long-term debt |
272 |
0 |
0 |
0 |
272 |
||||
Total capitalization |
377 |
(300) |
150 |
105 |
422 |
||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
||||
Note payable |
0 |
0 |
0 |
0 |
0 |
||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Accounts payable |
3 |
0 |
0 |
0 |
3 |
||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
||||
Other |
45 |
0 |
0 |
1 |
44 |
||||
Total current liabilities |
48 |
0 |
0 |
1 |
47 |
||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
1 |
0 |
0 |
0 |
1 |
||||
Accumulated deferred income taxes |
44 |
(4) |
0 |
48 |
0 |
||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
||||
Other |
4 |
0 |
0 |
0 |
4 |
||||
Total other liab. & def. credits |
49 |
(4) |
0 |
48 |
5 |
||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$474 |
($304) |
$150 |
$154 |
$474 |
||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Blythe |
Elim |
FPL |
Blythe |
Blythe |
||||
OPERATING REVENUES |
($3) |
$0 |
$0 |
$0 |
($3) |
||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
(7) |
0 |
0 |
0 |
(7) |
||||
Other operations and maintenance |
2 |
0 |
0 |
0 |
2 |
||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
||||
Total operating expenses |
(5) |
0 |
0 |
0 |
(5) |
||||
OPERATING INCOME |
2 |
0 |
0 |
0 |
2 |
||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
(12) |
0 |
0 |
0 |
(12) |
||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Equity in earnings of equity method investees |
0 |
20 |
(10) |
(10) |
0 |
||||
Other - net |
0 |
0 |
0 |
0 |
0 |
||||
Total other deductions - net |
(12) |
20 |
(10) |
(10) |
(12) |
||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(10) |
20 |
(10) |
(10) |
(10) |
||||
INCOME TAXES |
(4) |
0 |
0 |
(4) |
0 |
||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
(6) |
20 |
(10) |
(6) |
(10) |
||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
||||
NET INCOME (LOSS) |
(6) |
20 |
(10) |
(6) |
(10) |
||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(3) |
6 |
(3) |
(3) |
(3) |
||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($9) |
$26 |
($13) |
($9) |
($13) |
CALHOUN POWER COMPANY I, LLC |
29 |
||||||
ASSETS |
Calhoun I |
Elim |
Calhoun |
OTG, LLC |
|||
PROPERTY, PLANT AND EQUIPMENT |
|||||||
Elec. utility plant in ser. & other property |
$235 |
$0 |
$235 |
$0 |
|||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||
Construction work in progress |
0 |
0 |
0 |
0 |
|||
Less accumulated depr. & amort. |
(6) |
0 |
(6) |
0 |
|||
Total prop., plant and eqpt. - net |
229 |
0 |
229 |
0 |
|||
CURRENT ASSETS |
|||||||
Cash and cash equivalents |
1 |
0 |
1 |
0 |
|||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||
Other receivables |
15 |
(1) |
16 |
0 |
|||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
2 |
0 |
2 |
0 |
|||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||
Other |
4 |
0 |
4 |
0 |
|||
Total current assets |
22 |
(1) |
23 |
0 |
|||
OTHER ASSETS: |
|||||||
Special use funds |
0 |
0 |
0 |
0 |
|||
Other investments |
0 |
(143) |
0 |
143 |
|||
Other |
7 |
0 |
7 |
0 |
|||
Total other assets |
7 |
(143) |
7 |
143 |
|||
TOTAL ASSETS |
$258 |
($144) |
$259 |
$143 |
|||
CAPITALIZATION |
|||||||
Common shareholders' equity |
$114 |
($143) |
$143 |
$114 |
|||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||
Long-term debt |
110 |
0 |
110 |
0 |
|||
Total capitalization |
224 |
(143) |
253 |
114 |
|||
CURRENT LIABILITIES |
|||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||
Note payable |
0 |
0 |
0 |
0 |
|||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||
Accounts payable |
0 |
0 |
0 |
0 |
|||
Customers' deposits |
0 |
0 |
0 |
0 |
|||
Accrued interest and taxes |
1 |
0 |
1 |
0 |
|||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||
Other |
3 |
(1) |
3 |
1 |
|||
Total current liabilities |
4 |
(1) |
4 |
1 |
|||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||
Accumulated deferred income taxes |
28 |
0 |
0 |
28 |
|||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||
Other |
2 |
0 |
2 |
0 |
|||
Total other liab. & def. credits |
30 |
0 |
2 |
28 |
|||
COMMITMENTS AND CONTINGENCIES |
|||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$258 |
($144) |
$259 |
$143 |
|||
|
|||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||
INCOME STATEMENT |
Calhoun I |
Elim |
Calhoun |
OTG, LLC |
|||
OPERATING REVENUES |
$19 |
$0 |
$19 |
$0 |
|||
OPERATING EXPENSES |
|||||||
Fuel, purchased power & interchange |
1 |
0 |
1 |
0 |
|||
Other operations and maintenance |
4 |
0 |
4 |
0 |
|||
Depreciation & amortization |
5 |
0 |
5 |
0 |
|||
Taxes other than income taxes |
1 |
0 |
1 |
0 |
|||
Total operating expenses |
11 |
0 |
11 |
0 |
|||
OPERATING INCOME |
8 |
0 |
8 |
0 |
|||
OTHER INCOME (DEDUCTIONS): |
|||||||
Interest charges |
(3) |
0 |
(3) |
0 |
|||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||
Equity in earnings of equity method investees |
0 |
(5) |
0 |
5 |
|||
Other - net |
0 |
0 |
0 |
0 |
|||
Total other deductions - net |
(3) |
(5) |
(3) |
5 |
|||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
5 |
(5) |
5 |
5 |
|||
INCOME TAXES |
2 |
0 |
0 |
2 |
|||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||
IN ACCOUNTING PRINCIPLE |
3 |
(5) |
5 |
3 |
|||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||
NET INCOME (LOSS) |
3 |
(5) |
5 |
3 |
|||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
|||
DEDUCT: |
|||||||
Dividends |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
RET. EARNINGS (DEF.) AT END OF YEAR |
$3 |
($5) |
$5 |
$3 |
FPL ENERGY DELAWARE MOUNTAIN GP, LLC |
30 |
||||||||
ASSETS |
Delaware |
Elims |
FPL |
FPL |
Delaware |
||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$21 |
$0 |
$0 |
$0 |
$21 |
||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
||||
Less accumulated depr. & amort. |
(2) |
0 |
0 |
0 |
(2) |
||||
Total prop., plant and eqpt. - net |
19 |
0 |
0 |
0 |
19 |
||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
||||
Customer receivables - net |
1 |
0 |
0 |
0 |
1 |
||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
Total current assets |
1 |
0 |
0 |
0 |
1 |
||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
||||
Other investments |
0 |
(18) |
0 |
18 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
Total other assets |
0 |
(18) |
0 |
18 |
0 |
||||
TOTAL ASSETS |
$20 |
($18) |
$0 |
$18 |
$20 |
||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$15 |
($18) |
($3) |
$18 |
$18 |
||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Total capitalization |
15 |
(18) |
(3) |
18 |
18 |
||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
||||
Note payable |
0 |
0 |
0 |
0 |
0 |
||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
||||
Accrued interest and taxes |
1 |
0 |
0 |
0 |
1 |
||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
Total current liabilities |
1 |
0 |
0 |
0 |
1 |
||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
||||
Accumulated deferred income taxes |
3 |
0 |
3 |
0 |
0 |
||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
||||
Other |
1 |
0 |
0 |
0 |
1 |
||||
Total other liab. & def. credits |
4 |
0 |
3 |
0 |
1 |
||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$20 |
($18) |
$0 |
$18 |
$20 |
||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Delaware |
Elims |
FPL |
FPL |
Delaware |
||||
OPERATING REVENUES |
$2 |
$0 |
$0 |
$0 |
$2 |
||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
||||
Other operations and maintenance |
1 |
0 |
0 |
0 |
1 |
||||
Depreciation & amortization |
1 |
0 |
0 |
0 |
1 |
||||
Taxes other than income taxes |
1 |
0 |
0 |
0 |
1 |
||||
Total operating expenses |
3 |
0 |
0 |
0 |
3 |
||||
OPERATING INCOME |
(1) |
0 |
0 |
0 |
(1) |
||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Equity in earnings of equity method investees |
0 |
1 |
0 |
(1) |
0 |
||||
Other - net |
0 |
0 |
0 |
0 |
0 |
||||
Total other deductions - net |
0 |
1 |
0 |
(1) |
0 |
||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(1) |
1 |
0 |
(1) |
(1) |
||||
INCOME TAXES |
(1) |
0 |
(1) |
0 |
0 |
||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
0 |
1 |
1 |
(1) |
(1) |
||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
||||
NET INCOME (LOSS) |
0 |
1 |
1 |
(1) |
(1) |
||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
1 |
1 |
(1) |
(1) |
||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$2 |
$2 |
($2) |
($2) |
ESI DOSWELL GP, INC. |
31 |
||||||||||||||
ASSETS |
Doswell |
Elims |
Doswell |
ESI LP, |
ESI |
Doswell I, |
|||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||
Elec. utility plant in ser. & other property |
$463 |
$0 |
$463 |
$0 |
$0 |
$0 |
|||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Less accumulated depr. & amort. |
(142) |
0 |
(142) |
0 |
0 |
0 |
|||||||||
Total prop., plant and eqpt. - net |
321 |
0 |
321 |
0 |
0 |
0 |
|||||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
6 |
0 |
6 |
0 |
0 |
0 |
|||||||||
Customer receivables - net |
31 |
0 |
31 |
0 |
0 |
0 |
|||||||||
Other receivables |
7 |
0 |
7 |
0 |
0 |
0 |
|||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
7 |
0 |
7 |
0 |
0 |
0 |
|||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
1 |
0 |
1 |
0 |
0 |
0 |
|||||||||
Total current assets |
52 |
0 |
52 |
0 |
0 |
0 |
|||||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other investments |
0 |
(24) |
0 |
(6) |
15 |
15 |
|||||||||
Other |
9 |
0 |
9 |
0 |
0 |
0 |
|||||||||
Total other assets |
9 |
(24) |
9 |
(6) |
15 |
15 |
|||||||||
TOTAL ASSETS |
$382 |
($24) |
$382 |
($6) |
$15 |
$15 |
|||||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
($17) |
($24) |
$9 |
($6) |
($11) |
$15 |
|||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Long-term debt |
309 |
0 |
309 |
0 |
0 |
0 |
|||||||||
Total capitalization |
292 |
(24) |
318 |
(6) |
(11) |
15 |
|||||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accounts payable |
14 |
0 |
14 |
0 |
0 |
0 |
|||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
42 |
0 |
42 |
0 |
0 |
0 |
|||||||||
Total current liabilities |
56 |
0 |
56 |
0 |
0 |
0 |
|||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accumulated deferred income taxes |
26 |
0 |
0 |
0 |
26 |
0 |
|||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
8 |
0 |
8 |
0 |
0 |
0 |
|||||||||
Total other liab. & def. credits |
34 |
0 |
8 |
0 |
26 |
0 |
|||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$382 |
($24) |
$382 |
($6) |
$15 |
$15 |
|||||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||
INCOME STATEMENT |
Doswell |
Elims |
Doswell |
ESI LP, |
ESI |
Doswell I, |
|||||||||
OPERATING REVENUES |
$183 |
$0 |
$183 |
$0 |
$0 |
$0 |
|||||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
83 |
0 |
83 |
0 |
0 |
0 |
|||||||||
Other operations and maintenance |
14 |
0 |
15 |
0 |
(1) |
0 |
|||||||||
Depreciation & amortization |
14 |
0 |
14 |
0 |
0 |
0 |
|||||||||
Taxes other than income taxes |
1 |
0 |
1 |
0 |
0 |
0 |
|||||||||
Total operating expenses |
112 |
0 |
113 |
0 |
(1) |
0 |
|||||||||
OPERATING INCOME |
71 |
0 |
70 |
0 |
1 |
0 |
|||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
(29) |
0 |
(29) |
0 |
0 |
0 |
|||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Equity in earnings of equity method investees |
0 |
(42) |
0 |
41 |
1 |
0 |
|||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total other deductions - net |
(29) |
(42) |
(29) |
41 |
1 |
0 |
|||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
42 |
(42) |
41 |
41 |
2 |
0 |
|||||||||
INCOME TAXES |
11 |
0 |
0 |
0 |
11 |
0 |
|||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
31 |
(42) |
41 |
41 |
(9) |
0 |
|||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
NET INCOME (LOSS) |
31 |
(42) |
41 |
41 |
(9) |
0 |
|||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
123 |
(104) |
133 |
135 |
(12) |
(29) |
|||||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$154 |
($146) |
$174 |
$176 |
($21) |
($29) |
FPL ENERGY FORNEY, INC. |
32 |
||||||||||||||||||||
ASSETS |
Forney |
Elims |
FPL |
FPL |
FPLE |
FPLE |
MNM I |
MNM I, |
|||||||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||||||||
Elec. utility plant in ser. & other property |
$835 |
$0 |
$0 |
$0 |
$729 |
$0 |
$0 |
$106 |
|||||||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Less accumulated depr. & amort. |
(15) |
0 |
0 |
0 |
(13) |
0 |
0 |
(2) |
|||||||||||||
Total prop., plant and eqpt. - net |
820 |
0 |
0 |
0 |
716 |
0 |
0 |
104 |
|||||||||||||
CURRENT ASSETS |
|||||||||||||||||||||
Cash and cash equivalents |
13 |
0 |
0 |
0 |
13 |
0 |
0 |
0 |
|||||||||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other receivables |
34 |
(2) |
0 |
0 |
34 |
0 |
0 |
2 |
|||||||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
1 |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
|||||||||||||
Total current assets |
48 |
(2) |
0 |
0 |
48 |
0 |
0 |
2 |
|||||||||||||
OTHER ASSETS: |
|||||||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other investments |
0 |
(1,008) |
8 |
789 |
106 |
0 |
105 |
0 |
|||||||||||||
Other |
2 |
0 |
0 |
1 |
1 |
0 |
0 |
0 |
|||||||||||||
Total other assets |
2 |
(1,008) |
8 |
790 |
107 |
0 |
105 |
0 |
|||||||||||||
TOTAL ASSETS |
$870 |
($1,010) |
$8 |
$790 |
$871 |
$0 |
$105 |
$106 |
|||||||||||||
CAPITALIZATION |
|||||||||||||||||||||
Common shareholders' equity |
$793 |
($1,008) |
$3 |
$790 |
$797 |
$0 |
$105 |
$106 |
|||||||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total capitalization |
793 |
(1,008) |
3 |
790 |
797 |
0 |
105 |
106 |
|||||||||||||
CURRENT LIABILITIES |
|||||||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accounts payable |
5 |
0 |
0 |
0 |
5 |
0 |
0 |
0 |
|||||||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accrued interest and taxes |
5 |
0 |
0 |
0 |
5 |
0 |
0 |
0 |
|||||||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
52 |
(2) |
0 |
0 |
54 |
0 |
0 |
0 |
|||||||||||||
Total current liabilities |
62 |
(2) |
0 |
0 |
64 |
0 |
0 |
0 |
|||||||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accumulated deferred income taxes |
5 |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
10 |
0 |
0 |
0 |
10 |
0 |
0 |
0 |
|||||||||||||
Total other liab. & def. credits |
15 |
0 |
5 |
0 |
10 |
0 |
0 |
0 |
|||||||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$870 |
($1,010) |
$8 |
$790 |
$871 |
$0 |
$105 |
$106 |
|||||||||||||
|
|||||||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||||||||
INCOME STATEMENT |
Forney |
Elims |
FPL |
FPL |
FPLE |
FPLE |
MNM I |
MNM I, |
|||||||||||||
OPERATING REVENUES |
$129 |
($1) |
$1 |
$0 |
$129 |
$0 |
$0 |
$0 |
|||||||||||||
OPERATING EXPENSES |
|||||||||||||||||||||
Fuel, purchased power & interchange |
91 |
0 |
0 |
0 |
91 |
0 |
0 |
0 |
|||||||||||||
Other operations and maintenance |
19 |
(1) |
0 |
0 |
22 |
0 |
0 |
(2) |
|||||||||||||
Depreciation & amortization |
14 |
0 |
0 |
0 |
12 |
0 |
0 |
2 |
|||||||||||||
Taxes other than income taxes |
3 |
0 |
0 |
0 |
3 |
0 |
0 |
0 |
|||||||||||||
Total operating expenses |
127 |
(1) |
0 |
0 |
128 |
0 |
0 |
0 |
|||||||||||||
OPERATING INCOME |
2 |
0 |
1 |
0 |
1 |
0 |
0 |
0 |
|||||||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Equity in earnings of equity method investees |
0 |
(1) |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other deductions - net |
0 |
(1) |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
2 |
(1) |
1 |
1 |
1 |
0 |
0 |
0 |
|||||||||||||
INCOME TAXES |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||||||||
IN ACCOUNTING PRINCIPLE |
1 |
(1) |
0 |
1 |
1 |
0 |
0 |
0 |
|||||||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
NET INCOME (LOSS) |
1 |
(1) |
0 |
1 |
1 |
0 |
0 |
0 |
|||||||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(2) |
3 |
2 |
(4) |
(3) |
0 |
0 |
0 |
|||||||||||||
DEDUCT: |
|||||||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($1) |
$2 |
$2 |
($3) |
($2) |
$0 |
$0 |
$0 |
FPL ENERGY GRAY COUNTY WIND, LLC |
33 |
||||||
ASSETS |
Gray |
Elims |
Gray |
FPL |
|||
PROPERTY, PLANT AND EQUIPMENT |
|||||||
Elec. utility plant in ser. & other property |
$103 |
$0 |
$103 |
$0 |
|||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||
Construction work in progress |
0 |
0 |
0 |
0 |
|||
Less accumulated depr. & amort. |
(12) |
0 |
(12) |
0 |
|||
Total prop., plant and eqpt. - net |
91 |
0 |
91 |
0 |
|||
CURRENT ASSETS |
|||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||
Customer receivables - net |
1 |
0 |
1 |
0 |
|||
Other receivables |
0 |
0 |
0 |
0 |
|||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||
Other |
1 |
0 |
1 |
0 |
|||
Total current assets |
2 |
0 |
2 |
0 |
|||
OTHER ASSETS: |
|||||||
Special use funds |
0 |
0 |
0 |
0 |
|||
Other investments |
0 |
(91) |
0 |
91 |
|||
Other |
0 |
(1) |
0 |
1 |
|||
Total other assets |
0 |
(92) |
0 |
92 |
|||
TOTAL ASSETS |
$93 |
($92) |
$93 |
$92 |
|||
CAPITALIZATION |
|||||||
Common shareholders' equity |
$69 |
($91) |
$91 |
$69 |
|||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||
Long-term debt |
0 |
0 |
0 |
0 |
|||
Total capitalization |
69 |
(91) |
91 |
69 |
|||
CURRENT LIABILITIES |
|||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||
Note payable |
0 |
0 |
0 |
0 |
|||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||
Accounts payable |
0 |
0 |
0 |
0 |
|||
Customers' deposits |
0 |
0 |
0 |
0 |
|||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||
Other |
1 |
0 |
1 |
0 |
|||
Total current liabilities |
1 |
0 |
1 |
0 |
|||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||
Asset retirement obligations |
1 |
0 |
1 |
0 |
|||
Accumulated deferred income taxes |
22 |
(1) |
0 |
23 |
|||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
Total other liab. & def. credits |
23 |
(1) |
1 |
23 |
|||
COMMITMENTS AND CONTINGENCIES |
|||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$93 |
($92) |
$93 |
$92 |
|||
|
|||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||
INCOME STATEMENT |
Gray |
Elims |
Gray |
FPL |
|||
OPERATING REVENUES |
$9 |
$0 |
$9 |
$0 |
|||
OPERATING EXPENSES |
|||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||
Other operations and maintenance |
3 |
0 |
3 |
0 |
|||
Depreciation & amortization |
5 |
0 |
5 |
0 |
|||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||
Total operating expenses |
8 |
0 |
8 |
0 |
|||
OPERATING INCOME |
1 |
0 |
1 |
0 |
|||
OTHER INCOME (DEDUCTIONS): |
|||||||
Interest charges |
0 |
0 |
0 |
0 |
|||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||
Equity in earnings of equity method investees |
0 |
(1) |
0 |
1 |
|||
Other - net |
0 |
0 |
0 |
0 |
|||
Total other deductions - net |
0 |
(1) |
0 |
1 |
|||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
(1) |
1 |
1 |
|||
INCOME TAXES |
(4) |
0 |
0 |
(4) |
|||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||
IN ACCOUNTING PRINCIPLE |
5 |
(1) |
1 |
5 |
|||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||
NET INCOME (LOSS) |
5 |
(1) |
1 |
5 |
|||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
10 |
(3) |
3 |
10 |
|||
DEDUCT: |
|||||||
Dividends |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
RET. EARNINGS (DEF.) AT END OF YEAR |
$15 |
($4) |
$4 |
$15 |
FPL ENERGY INDIAN MESA GP, LLC |
34 |
||||||||
ASSETS |
Indian |
Elims |
FPL |
FPL |
Indian |
||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$83 |
$0 |
$0 |
$0 |
$83 |
||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
||||
Less accumulated depr. & amort. |
(6) |
0 |
0 |
0 |
(6) |
||||
Total prop., plant and eqpt. - net |
77 |
0 |
0 |
0 |
77 |
||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
||||
Customer receivables - net |
1 |
0 |
0 |
0 |
1 |
||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
||||
Other |
1 |
0 |
0 |
0 |
1 |
||||
Total current assets |
2 |
0 |
0 |
0 |
2 |
||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
||||
Other investments |
0 |
(75) |
1 |
74 |
0 |
||||
Other |
2 |
0 |
0 |
0 |
2 |
||||
Total other assets |
2 |
(75) |
1 |
74 |
2 |
||||
TOTAL ASSETS |
$81 |
($75) |
$1 |
$74 |
$81 |
||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$60 |
($75) |
($14) |
$74 |
$75 |
||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Total capitalization |
60 |
(75) |
(14) |
74 |
75 |
||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
||||
Note payable |
0 |
0 |
0 |
0 |
0 |
||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
1 |
0 |
0 |
0 |
1 |
||||
Accumulated deferred income taxes |
15 |
0 |
15 |
0 |
0 |
||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
||||
Other |
5 |
0 |
0 |
0 |
5 |
||||
Total other liab. & def. credits |
21 |
0 |
15 |
0 |
6 |
||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$81 |
($75) |
$1 |
$74 |
$81 |
||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Indian |
Elims |
FPL |
FPL |
Indian |
||||
OPERATING REVENUES |
$7 |
$0 |
$0 |
$0 |
$7 |
||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
||||
Other operations and maintenance |
2 |
0 |
0 |
0 |
2 |
||||
Depreciation & amortization |
4 |
0 |
0 |
0 |
4 |
||||
Taxes other than income taxes |
1 |
0 |
0 |
0 |
1 |
||||
Total operating expenses |
7 |
0 |
0 |
0 |
7 |
||||
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Equity in earnings of equity method investees |
0 |
1 |
0 |
(1) |
0 |
||||
Other - net |
0 |
0 |
0 |
0 |
0 |
||||
Total other deductions - net |
0 |
1 |
0 |
(1) |
0 |
||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
1 |
0 |
(1) |
0 |
||||
INCOME TAXES |
(2) |
0 |
(2) |
0 |
0 |
||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
2 |
1 |
2 |
(1) |
0 |
||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
||||
NET INCOME (LOSS) |
2 |
1 |
2 |
(1) |
0 |
||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
2 |
(1) |
(1) |
||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$2 |
$1 |
$4 |
($2) |
($1) |
HYPERION VIII, INC. |
35 |
||||||||
ASSETS |
LSP |
Elims |
Harper |
Hyperion |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
0 |
0 |
0 |
0 |
|||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
|||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||||
Other receivables |
0 |
0 |
0 |
0 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total current assets |
0 |
0 |
0 |
0 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
|||||
Other investments |
6 |
4 |
0 |
2 |
|||||
Other |
0 |
(1) |
0 |
1 |
|||||
Total other assets |
6 |
3 |
0 |
3 |
|||||
TOTAL ASSETS |
$6 |
$3 |
$0 |
$3 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
($14) |
$4 |
$0 |
($18) |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
(14) |
4 |
0 |
(18) |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
0 |
0 |
0 |
0 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
1 |
0 |
0 |
1 |
|||||
Total current liabilities |
1 |
0 |
0 |
1 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
19 |
(1) |
0 |
20 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total other liab. & def. credits |
19 |
(1) |
0 |
20 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$6 |
$3 |
$0 |
$3 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
LSP |
Elims |
Harper |
Hyperion |
|||||
OPERATING REVENUES |
$1 |
$0 |
$1 |
$0 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
|||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
|||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||||
Total operating expenses |
0 |
0 |
0 |
0 |
|||||
OPERATING INCOME |
1 |
0 |
1 |
0 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
5 |
0 |
0 |
5 |
|||||
Other-net |
0 |
0 |
0 |
0 |
|||||
Total other deductions - net |
5 |
0 |
0 |
5 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
6 |
0 |
1 |
5 |
|||||
INCOME TAXES |
1 |
0 |
0 |
1 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
5 |
0 |
1 |
4 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
5 |
0 |
1 |
4 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
11 |
0 |
3 |
8 |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$16 |
$0 |
$4 |
$12 |
HYPERION IX, INC. |
36 |
||||||||
ASSETS |
LSP IX |
Elims |
HLC |
Hyperion |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
0 |
0 |
0 |
0 |
|||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
|||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||||
Other receivables |
0 |
0 |
0 |
0 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total current assets |
0 |
0 |
0 |
0 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
|||||
Other investments |
10 |
4 |
0 |
6 |
|||||
Other |
0 |
(1) |
0 |
1 |
|||||
Total other assets |
10 |
3 |
0 |
7 |
|||||
TOTAL ASSETS |
$10 |
$3 |
$0 |
$7 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
($19) |
$4 |
$0 |
($23) |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
(19) |
4 |
0 |
(23) |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
0 |
0 |
0 |
0 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
2 |
0 |
0 |
2 |
|||||
Total current liabilities |
2 |
0 |
0 |
2 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
27 |
(1) |
0 |
28 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total other liab. & def. credits |
27 |
(1) |
0 |
28 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$10 |
$3 |
$0 |
$7 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
LSP IX |
Elims |
HLC |
Hyperion |
|||||
OPERATING REVENUES |
$1 |
$0 |
$1 |
$0 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
|||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
|||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||||
Total operating expenses |
0 |
0 |
0 |
0 |
|||||
OPERATING INCOME |
1 |
0 |
1 |
0 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
5 |
0 |
0 |
5 |
|||||
Other - net |
0 |
0 |
0 |
0 |
|||||
Total other deductions - net |
5 |
0 |
0 |
5 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
6 |
0 |
1 |
5 |
|||||
INCOME TAXES |
1 |
0 |
0 |
1 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
5 |
0 |
1 |
4 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
5 |
0 |
1 |
4 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
9 |
0 |
3 |
6 |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$14 |
$0 |
$4 |
$10 |
FPL ENERGY MH50 LP, LLC |
37 |
|||||||||||
ASSETS |
MH50 |
Elims |
FPL |
FPL |
FPL |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$18 |
$0 |
$18 |
$0 |
$0 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(5) |
0 |
(5) |
0 |
0 |
|||||||
Total prop., plant and eqpt. - net |
13 |
0 |
13 |
0 |
0 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
0 |
0 |
0 |
0 |
0 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(13) |
0 |
13 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other assets |
0 |
(13) |
0 |
13 |
0 |
|||||||
TOTAL ASSETS |
$13 |
($13) |
$13 |
$13 |
$0 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$3 |
($13) |
$13 |
$3 |
$0 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
9 |
0 |
0 |
9 |
0 |
|||||||
Total capitalization |
12 |
(13) |
13 |
12 |
0 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
1 |
0 |
0 |
1 |
0 |
|||||||
Total current liabilities |
1 |
0 |
0 |
1 |
0 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$13 |
($13) |
$13 |
$13 |
$0 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
MH50 |
Elims |
FPL |
FPL |
FPL |
|||||||
OPERATING REVENUES |
$5 |
$0 |
$5 |
$0 |
$0 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
4 |
0 |
4 |
0 |
0 |
|||||||
Other operations and maintenance |
2 |
0 |
2 |
0 |
0 |
|||||||
Depreciation & amortization |
1 |
0 |
1 |
0 |
0 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
7 |
0 |
7 |
0 |
0 |
|||||||
OPERATING INCOME |
(2) |
0 |
(2) |
0 |
0 |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
(1) |
0 |
0 |
(1) |
0 |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
2 |
0 |
(2) |
0 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
(1) |
2 |
0 |
(3) |
0 |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(3) |
2 |
(2) |
(3) |
0 |
|||||||
INCOME TAXES |
(1) |
0 |
0 |
0 |
(1) |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
(2) |
2 |
(2) |
(3) |
1 |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
(2) |
2 |
(2) |
(3) |
1 |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(1) |
(3) |
3 |
(1) |
0 |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($3) |
($1) |
$1 |
($4) |
$1 |
FPL ENERGY MARCUS HOOK LLC |
38 |
|||||||||||
ASSETS |
MH700 |
Elims |
FPL |
FPL |
FPL |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
539 |
0 |
0 |
0 |
539 |
|||||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
|||||||
Total prop., plant and eqpt. - net |
539 |
0 |
0 |
0 |
539 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
2 |
0 |
0 |
0 |
2 |
|||||||
Total current assets |
2 |
0 |
0 |
0 |
2 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(323) |
322 |
1 |
0 |
|||||||
Other |
24 |
0 |
10 |
0 |
14 |
|||||||
Total other assets |
24 |
(323) |
332 |
1 |
14 |
|||||||
TOTAL ASSETS |
$565 |
($323) |
$332 |
$1 |
$555 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$332 |
($323) |
$332 |
$1 |
$322 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
205 |
0 |
0 |
0 |
205 |
|||||||
Total capitalization |
537 |
(323) |
332 |
1 |
527 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
28 |
0 |
0 |
0 |
28 |
|||||||
Total current liabilities |
28 |
0 |
0 |
0 |
28 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$565 |
($323) |
$332 |
$1 |
$555 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
MH700 |
Elims |
FPL |
FPL |
FPL |
|||||||
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
1 |
0 |
0 |
0 |
1 |
|||||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
1 |
0 |
0 |
0 |
1 |
|||||||
OPERATING INCOME |
(1) |
0 |
0 |
0 |
(1) |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
(2) |
0 |
0 |
0 |
(2) |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
2 |
(2) |
0 |
0 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
(2) |
2 |
(2) |
0 |
(2) |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(3) |
2 |
(2) |
0 |
(3) |
|||||||
INCOME TAXES |
(1) |
0 |
(1) |
0 |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
(2) |
2 |
(1) |
0 |
(3) |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
(2) |
2 |
(1) |
0 |
(3) |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(1) |
0 |
(1) |
0 |
0 |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($3) |
$2 |
($2) |
$0 |
($3) |
ESI MOJAVE LLC |
39 |
|||||||
ASSETS |
Mojave |
Elim |
ESI |
ESI |
||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
||||
Nuclear fuel |
0 |
0 |
0 |
0 |
||||
Construction work in progress |
0 |
0 |
0 |
0 |
||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
||||
CURRENT ASSETS |
||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
||||
Customer receivables - net |
0 |
0 |
0 |
0 |
||||
Other receivables |
0 |
0 |
0 |
0 |
||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
||||
Total current assets |
0 |
0 |
0 |
0 |
||||
OTHER ASSETS: |
||||||||
Special use funds |
0 |
0 |
0 |
0 |
||||
Other investments |
8 |
0 |
8 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
||||
Total other assets |
8 |
0 |
8 |
0 |
||||
TOTAL ASSETS |
$8 |
$0 |
$8 |
$0 |
||||
CAPITALIZATION |
||||||||
Common shareholders' equity |
$8 |
$0 |
$8 |
$0 |
||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
||||
Long-term debt |
0 |
0 |
0 |
0 |
||||
Total capitalization |
8 |
0 |
8 |
0 |
||||
CURRENT LIABILITIES |
||||||||
Commercial paper |
0 |
0 |
0 |
0 |
||||
Note payable |
0 |
0 |
0 |
0 |
||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
||||
Accounts payable |
0 |
0 |
0 |
0 |
||||
Customers' deposits |
0 |
0 |
0 |
0 |
||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
||||
Total current liabilities |
0 |
0 |
0 |
0 |
||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
||||
COMMITMENTS AND CONTINGENCIES |
||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$8 |
$0 |
$8 |
$0 |
||||
|
||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||
INCOME STATEMENT |
Mojave |
Elim |
ESI |
ESI |
||||
OPERATING REVENUES |
$1 |
$0 |
$1 |
$0 |
||||
OPERATING EXPENSES |
||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
||||
Other operations and maintenance |
1 |
0 |
1 |
0 |
||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
||||
Total operating expenses |
1 |
0 |
1 |
0 |
||||
OPERATING INCOME |
0 |
0 |
0 |
0 |
||||
OTHER INCOME (DEDUCTIONS): |
||||||||
Interest charges |
0 |
0 |
0 |
0 |
||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
||||
Equity in earnings of equity method investees |
3 |
0 |
3 |
0 |
||||
Other - net |
0 |
0 |
0 |
0 |
||||
Total other deductions - net |
3 |
0 |
3 |
0 |
||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
3 |
0 |
3 |
0 |
||||
INCOME TAXES |
0 |
0 |
0 |
0 |
||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||
IN ACCOUNTING PRINCIPLE |
3 |
0 |
3 |
0 |
||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
||||
NET INCOME (LOSS) |
3 |
0 |
3 |
0 |
||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
19 |
0 |
19 |
0 |
||||
DEDUCT: |
||||||||
Dividends |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$22 |
$0 |
$22 |
$0 |
FPL ENERGY NEW MEXICO WIND, LLC |
40 |
||||||||||||||
ASSETS |
New |
Elims |
Pacific |
FPL |
FPL |
FPL |
ESI |
FPL |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||
Elec. utility plant in ser. & other property |
$198 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$198 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(3) |
0 |
0 |
0 |
0 |
0 |
0 |
(3) |
|||||||
Total prop., plant and eqpt. - net |
195 |
0 |
0 |
0 |
0 |
0 |
0 |
195 |
|||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||
Customer receivables - net |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
3 |
|||||||
Other receivables |
2 |
(8) |
8 |
0 |
0 |
0 |
0 |
2 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
6 |
(8) |
8 |
0 |
0 |
0 |
0 |
6 |
|||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(297) |
177 |
(40) |
(8) |
(8) |
(8) |
184 |
|||||||
Other |
0 |
(1) |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||
Total other assets |
0 |
(298) |
177 |
(39) |
(8) |
(8) |
(8) |
184 |
|||||||
TOTAL ASSETS |
$201 |
($306) |
$185 |
($39) |
($8) |
($8) |
($8) |
$385 |
|||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
($76) |
($120) |
$185 |
($77) |
($40) |
($8) |
($8) |
($8) |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
(177) |
0 |
0 |
0 |
0 |
0 |
177 |
|||||||
Total capitalization |
(76) |
(297) |
185 |
(77) |
(40) |
(8) |
(8) |
169 |
|||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
239 |
(8) |
0 |
0 |
32 |
0 |
0 |
215 |
|||||||
Total current liabilities |
240 |
(8) |
0 |
0 |
32 |
0 |
0 |
216 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
37 |
(1) |
0 |
38 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
37 |
(1) |
0 |
38 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$201 |
($306) |
$185 |
($39) |
($8) |
($8) |
($8) |
$385 |
|||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||
INCOME STATEMENT |
New Mexico |
Elims |
Pacific |
FPL |
FPL |
FPL |
ESI |
FPL |
|||||||
OPERATING REVENUES |
$5 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$5 |
|||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||
Depreciation & amortization |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
3 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
4 |
0 |
0 |
0 |
0 |
0 |
0 |
4 |
|||||||
OPERATING INCOME |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
(7) |
4 |
0 |
0 |
0 |
0 |
0 |
(11) |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
20 |
0 |
(6) |
(6) |
(6) |
(6) |
4 |
|||||||
Other - net |
0 |
(4) |
4 |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
(7) |
20 |
4 |
(6) |
(6) |
(6) |
(6) |
(7) |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(6) |
20 |
4 |
(6) |
(6) |
(6) |
(6) |
(6) |
|||||||
INCOME TAXES |
(7) |
0 |
0 |
(7) |
0 |
0 |
0 |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
1 |
20 |
4 |
1 |
(6) |
(6) |
(6) |
(6) |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
1 |
20 |
4 |
1 |
(6) |
(6) |
(6) |
(6) |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$1 |
$20 |
$4 |
$1 |
($6) |
($6) |
($6) |
($6) |
FPL ENERGY OKLAHOMA WIND, LLC |
41 |
||||||
ASSETS |
Oklahoma |
Elims |
FPL |
FPL |
|||
PROPERTY, PLANT AND EQUIPMENT |
|||||||
Elec. utility plant in ser. & other property |
$59 |
$0 |
$0 |
$59 |
|||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||
Construction work in progress |
0 |
0 |
0 |
0 |
|||
Less accumulated depr. & amort. |
(1) |
0 |
0 |
(1) |
|||
Total prop., plant and eqpt. - net |
58 |
0 |
0 |
58 |
|||
CURRENT ASSETS |
|||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||
Other receivables |
0 |
(1) |
1 |
0 |
|||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
Total current assets |
0 |
(1) |
1 |
0 |
|||
OTHER ASSETS: |
|||||||
Special use funds |
0 |
0 |
0 |
0 |
|||
Other investments |
0 |
(115) |
57 |
58 |
|||
Other |
0 |
0 |
0 |
0 |
|||
Total other assets |
0 |
(115) |
57 |
58 |
|||
TOTAL ASSETS |
$58 |
($116) |
$58 |
$116 |
|||
CAPITALIZATION |
|||||||
Common shareholders' equity |
$53 |
($58) |
$58 |
$53 |
|||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||
Long-term debt |
0 |
(57) |
0 |
57 |
|||
Total capitalization |
53 |
(115) |
58 |
110 |
|||
CURRENT LIABILITIES |
|||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||
Note payable |
0 |
0 |
0 |
0 |
|||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||
Accounts payable |
0 |
0 |
0 |
0 |
|||
Customers' deposits |
0 |
0 |
0 |
0 |
|||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||
Other |
5 |
(1) |
0 |
6 |
|||
Total current liabilities |
5 |
(1) |
0 |
6 |
|||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
|||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
|||
COMMITMENTS AND CONTINGENCIES |
|||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$58 |
($116) |
$58 |
$116 |
|||
|
|||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||
INCOME STATEMENT |
Oklahoma |
Elims |
FPL |
FPL |
|||
OPERATING REVENUES |
$1 |
$0 |
$0 |
$1 |
|||
OPERATING EXPENSES |
|||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||
Other operations and maintenance |
0 |
0 |
0 |
0 |
|||
Depreciation & amortization |
1 |
0 |
0 |
1 |
|||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||
Total operating expenses |
1 |
0 |
0 |
1 |
|||
OPERATING INCOME |
0 |
0 |
0 |
0 |
|||
OTHER INCOME (DEDUCTIONS): |
|||||||
Interest charges |
0 |
1 |
0 |
(1) |
|||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||
Equity in earnings of equity method investees |
0 |
(1) |
0 |
1 |
|||
Other - net |
0 |
(1) |
1 |
0 |
|||
Total other deductions - net |
0 |
(1) |
1 |
0 |
|||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
(1) |
1 |
0 |
|||
INCOME TAXES |
0 |
0 |
0 |
0 |
|||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||
IN ACCOUNTING PRINCIPLE |
0 |
(1) |
1 |
0 |
|||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||
NET INCOME (LOSS) |
0 |
(1) |
1 |
0 |
|||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
|||
DEDUCT: |
|||||||
Dividends |
0 |
0 |
0 |
0 |
|||
Other |
0 |
0 |
0 |
0 |
|||
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
($1) |
$1 |
$0 |
ESI ORMESA IE EQUITY, INC. |
42 |
||||||||
ASSETS |
Ormesa |
Elims |
ESI |
ESI |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
0 |
0 |
0 |
0 |
|||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
|||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||||
Other receivables |
0 |
0 |
0 |
0 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total current assets |
0 |
0 |
0 |
0 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
|||||
Other investments |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total other assets |
0 |
0 |
0 |
0 |
|||||
TOTAL ASSETS |
$0 |
$0 |
$0 |
$0 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$0 |
$0 |
$0 |
$0 |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
0 |
0 |
0 |
0 |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
0 |
0 |
0 |
0 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total current liabilities |
0 |
0 |
0 |
0 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$0 |
$0 |
$0 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Ormesa |
Elims |
ESI |
ESI |
|||||
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
|||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
|||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
|||||
Total operating expenses |
0 |
0 |
0 |
0 |
|||||
OPERATING INCOME |
0 |
0 |
0 |
0 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
|||||
Other - net |
0 |
0 |
0 |
0 |
|||||
Total other deductions - net |
0 |
0 |
0 |
0 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
0 |
|||||
INCOME TAXES |
0 |
0 |
0 |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
0 |
0 |
0 |
0 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
$0 |
$0 |
$0 |
FPL ENERGY OPERATING SERVICES, INC. |
43 |
|||||||||||||
ASSETS |
Operating |
Elims |
Texas |
FPL |
FPL |
FPL |
||||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
CURRENT ASSETS |
||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other receivables |
4 |
0 |
0 |
0 |
0 |
4 |
||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total current assets |
4 |
0 |
0 |
0 |
0 |
4 |
||||||||
OTHER ASSETS: |
||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other investments |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
1 |
(1) |
0 |
1 |
0 |
1 |
||||||||
Total other assets |
1 |
(1) |
0 |
1 |
0 |
1 |
||||||||
TOTAL ASSETS |
$5 |
($1) |
$0 |
$1 |
$0 |
$5 |
||||||||
CAPITALIZATION |
||||||||||||||
Common shareholders' equity |
$3 |
$0 |
$0 |
$1 |
$0 |
$2 |
||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total capitalization |
3 |
0 |
0 |
1 |
0 |
2 |
||||||||
CURRENT LIABILITIES |
||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
2 |
0 |
0 |
0 |
0 |
2 |
||||||||
Total current liabilities |
2 |
0 |
0 |
0 |
0 |
2 |
||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Accumulated deferred income taxes |
0 |
(1) |
0 |
0 |
0 |
1 |
||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total other liab. & def. credits |
0 |
(1) |
0 |
0 |
0 |
1 |
||||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$5 |
($1) |
$0 |
$1 |
$0 |
$5 |
||||||||
|
||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||||
INCOME STATEMENT |
Operating |
Elims |
Texas |
FPL |
FPL |
FPL |
||||||||
OPERATING REVENUES |
$8 |
$0 |
$0 |
$0 |
$0 |
$8 |
||||||||
OPERATING EXPENSES |
||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other operations and maintenance |
(2) |
0 |
0 |
0 |
0 |
(2) |
||||||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Taxes other than income taxes |
3 |
0 |
0 |
0 |
0 |
3 |
||||||||
Total operating expenses |
1 |
0 |
0 |
0 |
0 |
1 |
||||||||
OPERATING INCOME |
7 |
0 |
0 |
0 |
0 |
7 |
||||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
7 |
0 |
0 |
0 |
0 |
7 |
||||||||
INCOME TAXES |
2 |
0 |
0 |
0 |
0 |
2 |
||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||||
IN ACCOUNTING PRINCIPLE |
5 |
0 |
0 |
0 |
0 |
5 |
||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
NET INCOME (LOSS) |
5 |
0 |
0 |
0 |
0 |
5 |
||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
16 |
0 |
0 |
1 |
0 |
15 |
||||||||
DEDUCT: |
||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$21 |
$0 |
$0 |
$1 |
$0 |
$20 |
FPL ENERGY PARIS |
44 |
|||||||||||||||||
ASSETS |
Paris |
Elims |
Lamar |
INTEXCO |
INTEXCO |
FPL |
FPL |
|||||||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||||||||
Elec. utility plant in ser. & other property |
$452 |
$0 |
$308 |
$1 |
$143 |
$0 |
$0 |
|||||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Less accumulated depr. & amort. |
(50) |
0 |
(34) |
0 |
(16) |
0 |
0 |
|||||||||||
Total prop., plant and eqpt. - net |
402 |
0 |
274 |
1 |
127 |
0 |
0 |
|||||||||||
CURRENT ASSETS |
||||||||||||||||||
Cash and cash equivalents |
3 |
0 |
3 |
0 |
0 |
0 |
0 |
|||||||||||
Customer receivables - net |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||
Other receivables |
24 |
0 |
24 |
0 |
0 |
0 |
0 |
|||||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
13 |
0 |
13 |
0 |
0 |
0 |
0 |
|||||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Other |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||
Total current assets |
42 |
0 |
42 |
0 |
0 |
0 |
0 |
|||||||||||
OTHER ASSETS: |
||||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Other investments |
0 |
(548) |
128 |
0 |
0 |
4 |
416 |
|||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Total other assets |
0 |
(548) |
128 |
0 |
0 |
4 |
416 |
|||||||||||
TOTAL ASSETS |
$444 |
($548) |
$444 |
$1 |
$127 |
$4 |
$416 |
|||||||||||
CAPITALIZATION |
||||||||||||||||||
Common shareholders' equity |
$396 |
($548) |
$415 |
$1 |
$127 |
($15) |
$416 |
|||||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Total capitalization |
396 |
(548) |
415 |
1 |
127 |
(15) |
416 |
|||||||||||
CURRENT LIABILITIES |
||||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Accounts payable |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Accrued interest and taxes |
4 |
0 |
4 |
0 |
0 |
0 |
0 |
|||||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Other |
16 |
0 |
16 |
0 |
0 |
0 |
0 |
|||||||||||
Total current liabilities |
21 |
0 |
21 |
0 |
0 |
0 |
0 |
|||||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Accumulated deferred income taxes |
19 |
0 |
0 |
0 |
0 |
19 |
0 |
|||||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Other |
8 |
0 |
8 |
0 |
0 |
0 |
0 |
|||||||||||
Total other liab. & def. credits |
27 |
0 |
8 |
0 |
0 |
19 |
0 |
|||||||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$444 |
($548) |
$444 |
$1 |
$127 |
$4 |
$416 |
|||||||||||
|
||||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||||||||
INCOME STATEMENT |
Paris |
Elims |
Lamar |
INTEXCO |
INTEXCO |
FPL |
FPL |
|||||||||||
OPERATING REVENUES |
$191 |
$0 |
$191 |
$0 |
$0 |
$0 |
$0 |
|||||||||||
OPERATING EXPENSES |
||||||||||||||||||
Fuel, purchased power & interchange |
132 |
0 |
132 |
0 |
0 |
0 |
0 |
|||||||||||
Other operations and maintenance |
25 |
0 |
25 |
0 |
0 |
0 |
0 |
|||||||||||
Depreciation & amortization |
15 |
0 |
10 |
0 |
5 |
0 |
0 |
|||||||||||
Taxes other than income taxes |
4 |
0 |
4 |
0 |
0 |
0 |
0 |
|||||||||||
Total operating expenses |
176 |
0 |
171 |
0 |
5 |
0 |
0 |
|||||||||||
OPERATING INCOME |
15 |
0 |
20 |
0 |
(5) |
0 |
0 |
|||||||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Equity in earnings of equity method investees |
0 |
(14) |
0 |
0 |
0 |
0 |
14 |
|||||||||||
Other - net |
0 |
0 |
(5) |
0 |
5 |
0 |
0 |
|||||||||||
Total other deductions - net |
0 |
(14) |
(5) |
0 |
5 |
0 |
14 |
|||||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
15 |
(14) |
15 |
0 |
0 |
0 |
14 |
|||||||||||
INCOME TAXES |
2 |
0 |
0 |
0 |
0 |
2 |
0 |
|||||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||||||||
IN ACCOUNTING PRINCIPLE |
13 |
(14) |
15 |
0 |
0 |
(2) |
14 |
|||||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
NET INCOME (LOSS) |
13 |
(14) |
15 |
0 |
0 |
(2) |
14 |
|||||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
59 |
(101) |
101 |
0 |
(2) |
(14) |
75 |
|||||||||||
DEDUCT: |
||||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$72 |
($115) |
$116 |
$0 |
($2) |
($16) |
$89 |
FPL ENERGY PECOS WIND |
|
45 |
|||||||||||||||||||
ASSETS |
Pecos |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||||||||
Elec. utility plant in ser. & other property |
$150 |
$0 |
$75 |
$75 |
$0 |
$0 |
$0 |
$0 |
|||||||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Less accumulated depr. & amort. |
(20) |
0 |
(10) |
(10) |
0 |
0 |
0 |
0 |
|||||||||||||
Total prop., plant and eqpt. - net |
130 |
0 |
65 |
65 |
0 |
0 |
0 |
0 |
|||||||||||||
CURRENT ASSETS |
|||||||||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Customer receivables - net |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total current assets |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
OTHER ASSETS: |
|||||||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other investments |
0 |
(130) |
0 |
0 |
1 |
64 |
1 |
64 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other assets |
0 |
(130) |
0 |
0 |
1 |
64 |
1 |
64 |
|||||||||||||
TOTAL ASSETS |
$132 |
($130) |
$67 |
$65 |
$1 |
$64 |
$1 |
$64 |
|||||||||||||
CAPITALIZATION |
|||||||||||||||||||||
Common shareholders' equity |
$95 |
($130) |
$65 |
$65 |
$1 |
$29 |
$1 |
$64 |
|||||||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total capitalization |
95 |
(130) |
65 |
65 |
1 |
29 |
1 |
64 |
|||||||||||||
CURRENT LIABILITIES |
|||||||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accrued interest and taxes |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total current liabilities |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||||||||
Asset retirement obligations |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accumulated deferred income taxes |
35 |
0 |
0 |
0 |
0 |
35 |
0 |
0 |
|||||||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other liab. & def. credits |
36 |
0 |
1 |
0 |
0 |
35 |
0 |
0 |
|||||||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$132 |
($130) |
$67 |
$65 |
$1 |
$64 |
$1 |
$64 |
|||||||||||||
|
|||||||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||||||||
INCOME STATEMENT |
Pecos |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||||||
OPERATING REVENUES |
$7 |
$0 |
$4 |
$3 |
$0 |
$0 |
$0 |
$0 |
|||||||||||||
OPERATING EXPENSES |
|||||||||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other operations and maintenance |
2 |
0 |
0 |
2 |
0 |
0 |
0 |
0 |
|||||||||||||
Depreciation & amortization |
8 |
0 |
4 |
4 |
0 |
0 |
0 |
0 |
|||||||||||||
Taxes other than income taxes |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total operating expenses |
12 |
0 |
6 |
6 |
0 |
0 |
0 |
0 |
|||||||||||||
OPERATING INCOME |
(5) |
0 |
(2) |
(3) |
0 |
0 |
0 |
0 |
|||||||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Equity in earnings of equity method investees |
0 |
5 |
0 |
0 |
0 |
(3) |
0 |
(2) |
|||||||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other deductions - net |
0 |
5 |
0 |
0 |
0 |
(3) |
0 |
(2) |
|||||||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(5) |
5 |
(2) |
(3) |
0 |
(3) |
0 |
(2) |
|||||||||||||
INCOME TAXES |
(3) |
0 |
0 |
0 |
0 |
(3) |
0 |
0 |
|||||||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||||||||
IN ACCOUNTING PRINCIPLE |
(2) |
5 |
(2) |
(3) |
0 |
0 |
0 |
(2) |
|||||||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
NET INCOME (LOSS) |
(2) |
5 |
(2) |
(3) |
0 |
0 |
0 |
(2) |
|||||||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
5 |
6 |
(3) |
(3) |
2 |
4 |
2 |
(3) |
|||||||||||||
DEDUCT: |
|||||||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$3 |
$11 |
($5) |
($6) |
$2 |
$4 |
$2 |
($5) |
FPL ENERGY PENNSYLVANIA WIND, LLC |
46 |
||||||||||||
ASSETS |
Pennsylvania |
Elims |
FPL |
Pennsylvania |
Somerset |
Mill |
Meyersdale |
||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||
Elec. utility plant in ser. & other property |
$73 |
$0 |
$0 |
$2 |
$7 |
$13 |
$51 |
||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total prop., plant and eqpt. - net |
73 |
0 |
0 |
2 |
7 |
13 |
51 |
||||||
CURRENT ASSETS |
|||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
||||||
Total current assets |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
||||||
OTHER ASSETS: |
|||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other investments |
0 |
(57) |
57 |
0 |
0 |
0 |
0 |
||||||
Other |
4 |
0 |
0 |
1 |
1 |
2 |
0 |
||||||
Total other assets |
4 |
(57) |
57 |
1 |
1 |
2 |
0 |
||||||
TOTAL ASSETS |
$79 |
($57) |
$59 |
$3 |
$8 |
$15 |
$51 |
||||||
CAPITALIZATION |
|||||||||||||
Common shareholders' equity |
$45 |
($57) |
$45 |
$2 |
$8 |
$14 |
$33 |
||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total capitalization |
45 |
(57) |
45 |
2 |
8 |
14 |
33 |
||||||
CURRENT LIABILITIES |
|||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
11 |
0 |
1 |
1 |
0 |
0 |
9 |
||||||
Total current liabilities |
11 |
0 |
1 |
1 |
0 |
0 |
9 |
||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Accumulated deferred income taxes |
11 |
0 |
11 |
0 |
0 |
0 |
0 |
||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
12 |
0 |
2 |
0 |
0 |
1 |
9 |
||||||
Total other liab. & def. credits |
23 |
0 |
13 |
0 |
0 |
1 |
9 |
||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$79 |
($57) |
$59 |
$3 |
$8 |
$15 |
$51 |
||||||
|
|||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||
INCOME STATEMENT |
Pennsylvania |
Elims |
FPL |
Pennsylvania |
Somerset |
Mill |
Meyersdale |
||||||
OPERATING REVENUES |
$4 |
$0 |
$0 |
$2 |
$1 |
$1 |
$0 |
||||||
OPERATING EXPENSES |
|||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other operations and maintenance |
1 |
0 |
0 |
1 |
0 |
0 |
0 |
||||||
Depreciation & amortization |
1 |
0 |
0 |
0 |
1 |
0 |
0 |
||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total operating expenses |
2 |
0 |
0 |
1 |
1 |
0 |
0 |
||||||
OPERATING INCOME |
2 |
0 |
0 |
1 |
0 |
1 |
0 |
||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Equity in earnings of equity method investees |
0 |
(2) |
2 |
0 |
0 |
0 |
0 |
||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Total other deductions - net |
0 |
(2) |
2 |
0 |
0 |
0 |
0 |
||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
2 |
(2) |
2 |
1 |
0 |
1 |
0 |
||||||
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||
IN ACCOUNTING PRINCIPLE |
2 |
(2) |
2 |
1 |
0 |
1 |
0 |
||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
NET INCOME (LOSS) |
2 |
(2) |
2 |
1 |
0 |
1 |
0 |
||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
DEDUCT: |
|||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$2 |
($2) |
$2 |
$1 |
$0 |
$1 |
$0 |
POSDEF POWER COMPANY, L.P. |
|
47 |
|||||||||||||
ASSETS |
Posdef |
Elims |
CH |
CH |
Acme |
POSDEF |
|||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||
Elec. utility plant in ser. & other property |
$103 |
$0 |
$0 |
$0 |
$0 |
$103 |
|||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Less accumulated depr. & amort. |
(92) |
0 |
0 |
0 |
0 |
(92) |
|||||||||
Total prop., plant and eqpt. - net |
11 |
0 |
0 |
0 |
0 |
11 |
|||||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
1 |
0 |
0 |
0 |
0 |
1 |
|||||||||
Customer receivables - net |
2 |
0 |
0 |
0 |
0 |
2 |
|||||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
3 |
0 |
0 |
0 |
0 |
3 |
|||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total current assets |
6 |
0 |
0 |
0 |
0 |
6 |
|||||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other investments |
0 |
(1) |
0 |
0 |
1 |
0 |
|||||||||
Other |
3 |
0 |
0 |
3 |
0 |
0 |
|||||||||
Total other assets |
3 |
(1) |
0 |
3 |
1 |
0 |
|||||||||
TOTAL ASSETS |
$20 |
($1) |
$0 |
$3 |
$1 |
$17 |
|||||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
$3 |
($1) |
$0 |
$3 |
$0 |
$1 |
|||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total capitalization |
3 |
(1) |
0 |
3 |
0 |
1 |
|||||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accrued interest and taxes |
1 |
0 |
0 |
0 |
0 |
1 |
|||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
2 |
0 |
0 |
0 |
0 |
2 |
|||||||||
Total current liabilities |
3 |
0 |
0 |
0 |
0 |
3 |
|||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
14 |
0 |
0 |
0 |
1 |
13 |
|||||||||
Total other liab. & def. credits |
14 |
0 |
0 |
0 |
1 |
13 |
|||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$20 |
($1) |
$0 |
$3 |
$1 |
$17 |
|||||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||
INCOME STATEMENT |
Posdef |
Elims |
CH |
CH |
Acme |
POSDEF |
|||||||||
OPERATING REVENUES |
$31 |
$16 |
$0 |
($11) |
$4 |
$22 |
|||||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
9 |
0 |
0 |
0 |
0 |
9 |
|||||||||
Other operations and maintenance |
6 |
0 |
0 |
0 |
0 |
6 |
|||||||||
Depreciation & amortization |
1 |
0 |
0 |
0 |
0 |
1 |
|||||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total operating expenses |
16 |
0 |
0 |
0 |
0 |
16 |
|||||||||
OPERATING INCOME |
15 |
16 |
0 |
(11) |
4 |
6 |
|||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Equity in earnings of equity method investees |
0 |
(38) |
0 |
26 |
12 |
0 |
|||||||||
Other - net |
0 |
13 |
0 |
0 |
(2) |
(11) |
|||||||||
Total other deductions - net |
0 |
(25) |
0 |
26 |
10 |
(11) |
|||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
15 |
(9) |
0 |
15 |
14 |
(5) |
|||||||||
INCOME TAXES |
6 |
0 |
0 |
6 |
0 |
0 |
|||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
9 |
(9) |
0 |
9 |
14 |
(5) |
|||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
NET INCOME (LOSS) |
9 |
(9) |
0 |
9 |
14 |
(5) |
|||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
4 |
(30) |
0 |
4 |
12 |
18 |
|||||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$13 |
($39) |
$0 |
$13 |
$26 |
$13 |
FPLE RHODE ISLAND STATE ENERGY |
48 |
||||||||||
ASSETS |
Rhode |
Elims |
FPLE |
FPLE |
FPLE |
Rhode |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||
Elec. utility plant in ser. & other property |
$355 |
$0 |
$0 |
$1 |
$0 |
$354 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Less accumulated depr. & amort. |
(13) |
0 |
0 |
0 |
0 |
(13) |
|||||
Total prop., plant and eqpt. - net |
342 |
0 |
0 |
1 |
0 |
341 |
|||||
CURRENT ASSETS |
|||||||||||
Cash and cash equivalents |
13 |
0 |
0 |
13 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other receivables |
14 |
0 |
0 |
12 |
0 |
2 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
9 |
0 |
0 |
1 |
0 |
8 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
9 |
0 |
0 |
9 |
0 |
0 |
|||||
Total current assets |
45 |
0 |
0 |
35 |
0 |
10 |
|||||
OTHER ASSETS: |
|||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other investments |
0 |
(4) |
0 |
0 |
4 |
0 |
|||||
Other |
7 |
(1) |
1 |
0 |
0 |
7 |
|||||
Total other assets |
7 |
(5) |
1 |
0 |
4 |
7 |
|||||
TOTAL ASSETS |
$394 |
($5) |
$1 |
$36 |
$4 |
$358 |
|||||
CAPITALIZATION |
|||||||||||
Common shareholders' equity |
($16) |
($4) |
($3) |
$3 |
$4 |
($16) |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
346 |
0 |
0 |
0 |
0 |
346 |
|||||
Total capitalization |
330 |
(4) |
(3) |
3 |
4 |
330 |
|||||
CURRENT LIABILITIES |
|||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
10 |
0 |
0 |
0 |
0 |
10 |
|||||
Accounts payable |
2 |
0 |
0 |
2 |
0 |
0 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
21 |
0 |
0 |
23 |
0 |
(2) |
|||||
Total current liabilities |
33 |
0 |
0 |
25 |
0 |
8 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
3 |
(1) |
4 |
0 |
0 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
28 |
0 |
0 |
8 |
0 |
20 |
|||||
Total other liab. & def. credits |
31 |
(1) |
4 |
8 |
0 |
20 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$394 |
($5) |
$1 |
$36 |
$4 |
$358 |
|||||
|
|||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||
INCOME STATEMENT |
Rhode |
Elims |
FPLE |
FPLE |
FPLE |
Rhode |
|||||
OPERATING REVENUES |
$105 |
$0 |
$0 |
$105 |
$0 |
$0 |
|||||
OPERATING EXPENSES |
|||||||||||
Fuel, purchased power & interchange |
69 |
0 |
0 |
69 |
0 |
0 |
|||||
Other operations and maintenance |
16 |
0 |
0 |
16 |
0 |
0 |
|||||
Depreciation & amortization |
6 |
0 |
0 |
0 |
0 |
6 |
|||||
Taxes other than income taxes |
1 |
0 |
0 |
1 |
0 |
0 |
|||||
Total operating expenses |
92 |
0 |
0 |
86 |
0 |
6 |
|||||
OPERATING INCOME |
13 |
0 |
0 |
19 |
0 |
(6) |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||
Interest charges |
(7) |
0 |
0 |
0 |
0 |
(7) |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
0 |
(3) |
0 |
0 |
3 |
0 |
|||||
Other - net |
(10) |
0 |
0 |
(19) |
0 |
9 |
|||||
Total other deductions - net |
(17) |
(3) |
0 |
(19) |
3 |
2 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(4) |
(3) |
0 |
0 |
3 |
(4) |
|||||
INCOME TAXES |
(6) |
0 |
(6) |
0 |
0 |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||
IN ACCOUNTING PRINCIPLE |
2 |
(3) |
6 |
0 |
3 |
(4) |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||
Interest Entities," net of income taxes benefit of $2 |
(3) |
0 |
0 |
3 |
0 |
(6) |
|||||
NET INCOME (LOSS) |
(1) |
(3) |
6 |
3 |
3 |
(10) |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(2) |
(1) |
(3) |
1 |
1 |
0 |
|||||
DEDUCT: |
|||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($3) |
($4) |
$3 |
$4 |
$4 |
($10) |
FPL ENERGY ROCKAWAY PEAKING FACILITY, LLC |
49 |
||||||||||
ASSETS |
Rockaway |
Elims |
FPL |
FPL |
Bayswater |
Jamaica |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||
Elec. utility plant in ser. & other property |
$118 |
$0 |
$0 |
$0 |
$58 |
$60 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
1 |
0 |
0 |
0 |
0 |
1 |
|||||
Less accumulated depr. & amort. |
(5) |
0 |
0 |
0 |
(4) |
(1) |
|||||
Total prop., plant and eqpt. - net |
114 |
0 |
0 |
0 |
54 |
60 |
|||||
CURRENT ASSETS |
|||||||||||
Cash and cash equivalents |
1 |
0 |
0 |
0 |
1 |
0 |
|||||
Customer receivables - net |
4 |
0 |
0 |
0 |
2 |
2 |
|||||
Other receivables |
0 |
(1) |
0 |
0 |
1 |
0 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
1 |
0 |
0 |
0 |
1 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
3 |
0 |
3 |
0 |
0 |
0 |
|||||
Total current assets |
9 |
(1) |
3 |
0 |
5 |
2 |
|||||
OTHER ASSETS: |
|||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other investments |
0 |
(119) |
114 |
5 |
0 |
0 |
|||||
Other |
3 |
0 |
3 |
0 |
0 |
0 |
|||||
Total other assets |
3 |
(119) |
117 |
5 |
0 |
0 |
|||||
TOTAL ASSETS |
$126 |
($120) |
$120 |
$5 |
$59 |
$62 |
|||||
CAPITALIZATION |
|||||||||||
Common shareholders' equity |
($11) |
($4) |
$5 |
($11) |
$3 |
($4) |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
111 |
(115) |
111 |
0 |
55 |
60 |
|||||
Total capitalization |
100 |
(119) |
116 |
(11) |
58 |
56 |
|||||
CURRENT LIABILITIES |
|||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
4 |
0 |
4 |
0 |
0 |
0 |
|||||
Accounts payable |
1 |
0 |
0 |
0 |
0 |
1 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
5 |
(1) |
0 |
0 |
1 |
5 |
|||||
Total current liabilities |
10 |
(1) |
4 |
0 |
1 |
6 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Accumulated deferred income taxes |
16 |
0 |
0 |
16 |
0 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Total other liab. & def. credits |
16 |
0 |
0 |
16 |
0 |
0 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$126 |
($120) |
$120 |
$5 |
$59 |
$62 |
|||||
|
|||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||
INCOME STATEMENT |
Rockaway |
Elims |
FPL |
FPL |
Bayswater |
Jamaica |
|||||
OPERATING REVENUES |
$19 |
$0 |
$0 |
$0 |
$13 |
$6 |
|||||
OPERATING EXPENSES |
|||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
3 |
0 |
0 |
0 |
2 |
1 |
|||||
Depreciation & amortization |
4 |
0 |
0 |
0 |
3 |
1 |
|||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Total operating expenses |
7 |
0 |
0 |
0 |
5 |
2 |
|||||
OPERATING INCOME |
12 |
0 |
0 |
0 |
8 |
4 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||
Interest charges |
(3) |
3 |
(3) |
0 |
(1) |
(2) |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
0 |
(13) |
4 |
9 |
0 |
0 |
|||||
Other - net |
0 |
(3) |
3 |
0 |
0 |
0 |
|||||
Total other deductions - net |
(3) |
(13) |
4 |
9 |
(1) |
(2) |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
9 |
(13) |
4 |
9 |
7 |
2 |
|||||
INCOME TAXES |
4 |
0 |
0 |
4 |
0 |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||
IN ACCOUNTING PRINCIPLE |
5 |
(13) |
4 |
5 |
7 |
2 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
5 |
(13) |
4 |
5 |
7 |
2 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
2 |
(4) |
0 |
2 |
4 |
0 |
|||||
DEDUCT: |
|||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$7 |
($17) |
$4 |
$7 |
$11 |
$2 |
FPL ENERGY SEABROOK, LLC |
50 |
||||||||
ASSETS |
Seabrook |
Elims |
FPL |
FPL |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$724 |
$0 |
$0 |
$724 |
|||||
Nuclear fuel |
83 |
0 |
0 |
83 |
|||||
Construction work in progress |
35 |
0 |
0 |
35 |
|||||
Less accumulated depr. & amort. |
(48) |
0 |
0 |
(48) |
|||||
Total prop., plant and eqpt. - net |
794 |
0 |
0 |
794 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||||
Other receivables |
59 |
0 |
1 |
58 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
46 |
0 |
0 |
46 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
48 |
(3) |
0 |
51 |
|||||
Total current assets |
153 |
(3) |
1 |
155 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
274 |
0 |
0 |
274 |
|||||
Other investments |
0 |
(967) |
967 |
0 |
|||||
Other |
12 |
0 |
0 |
12 |
|||||
Total other assets |
286 |
(967) |
967 |
286 |
|||||
TOTAL ASSETS |
$1,233 |
($970) |
$968 |
$1,235 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$958 |
($967) |
$937 |
$988 |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
958 |
(967) |
937 |
988 |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
4 |
0 |
0 |
4 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
58 |
(3) |
0 |
61 |
|||||
Total current liabilities |
62 |
(3) |
0 |
65 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
163 |
0 |
0 |
163 |
|||||
Accumulated deferred income taxes |
31 |
0 |
31 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
19 |
0 |
0 |
19 |
|||||
Total other liab. & def. credits |
213 |
0 |
31 |
182 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$1,233 |
($970) |
$968 |
$1,235 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Seabrook |
Elims |
FPL |
FPL |
|||||
OPERATING REVENUES |
$294 |
($4) |
$4 |
$294 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
38 |
0 |
0 |
38 |
|||||
Other operations and maintenance |
119 |
(4) |
0 |
123 |
|||||
Depreciation & amortization |
28 |
0 |
0 |
28 |
|||||
Taxes other than income taxes |
18 |
0 |
0 |
18 |
|||||
Total operating expenses |
203 |
(4) |
0 |
207 |
|||||
OPERATING INCOME |
91 |
0 |
4 |
87 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
0 |
(97) |
97 |
0 |
|||||
Other - net |
10 |
0 |
0 |
10 |
|||||
Total other deductions - net |
10 |
(97) |
97 |
10 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
101 |
(97) |
101 |
97 |
|||||
INCOME TAXES |
39 |
0 |
39 |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
62 |
(97) |
62 |
97 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
62 |
(97) |
62 |
97 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
15 |
(23) |
15 |
23 |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$77 |
($120) |
$77 |
$120 |
FPL ENERGY SKY RIVER WIND, LLC |
51 |
||||||||
ASSETS |
Sky |
Elims |
FPL |
ESI |
Sky |
||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$74 |
$0 |
$0 |
$0 |
$74 |
||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
||||
Less accumulated depr. & amort. |
(42) |
0 |
0 |
0 |
(42) |
||||
Total prop., plant and eqpt. - net |
32 |
0 |
0 |
0 |
32 |
||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
||||
Other receivables |
2 |
0 |
0 |
0 |
2 |
||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
||||
Other |
4 |
0 |
0 |
0 |
4 |
||||
Total current assets |
6 |
0 |
0 |
0 |
6 |
||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
||||
Other investments |
0 |
(37) |
27 |
10 |
0 |
||||
Other |
11 |
0 |
0 |
0 |
11 |
||||
Total other assets |
11 |
(37) |
27 |
10 |
11 |
||||
TOTAL ASSETS |
$49 |
($37) |
$27 |
$10 |
$49 |
||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$36 |
($37) |
$27 |
$10 |
$36 |
||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
||||
Long-term debt |
0 |
(5) |
0 |
0 |
5 |
||||
Total capitalization |
36 |
(42) |
27 |
10 |
41 |
||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
||||
Note payable |
6 |
5 |
0 |
0 |
1 |
||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
||||
Other |
6 |
0 |
0 |
0 |
6 |
||||
Total current liabilities |
12 |
5 |
0 |
0 |
7 |
||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
1 |
0 |
0 |
0 |
1 |
||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
Total other liab. & def. credits |
1 |
0 |
0 |
0 |
1 |
||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$49 |
($37) |
$27 |
$10 |
$49 |
||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Sky River |
Elims |
FPL |
ESI |
Sky |
||||
OPERATING REVENUES |
$3 |
$0 |
$0 |
$0 |
$3 |
||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
||||
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
||||
OPERATING INCOME |
3 |
0 |
0 |
0 |
3 |
||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
||||
Equity in earnings of equity method investees |
0 |
(3) |
0 |
3 |
0 |
||||
Other - net |
0 |
0 |
0 |
0 |
0 |
||||
Total other deductions - net |
0 |
(3) |
0 |
3 |
0 |
||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
3 |
(3) |
0 |
3 |
3 |
||||
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
3 |
(3) |
0 |
3 |
3 |
||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
||||
NET INCOME (LOSS) |
3 |
(3) |
0 |
3 |
3 |
||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
3 |
0 |
0 |
(3) |
||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
||||
Other |
0 |
0 |
0 |
0 |
0 |
||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$3 |
$0 |
$0 |
$3 |
$0 |
FPL ENERGY UPTON WIND |
52 |
||||||||||||||||||||
ASSETS |
Upton |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||||||||
Elec. utility plant in ser. & other property |
$288 |
$0 |
$82 |
$84 |
$81 |
$41 |
$0 |
$0 |
|||||||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Less accumulated depr. & amort. |
(32) |
0 |
(10) |
(9) |
(9) |
(4) |
0 |
0 |
|||||||||||||
Total prop., plant and eqpt. - net |
256 |
0 |
72 |
75 |
72 |
37 |
0 |
0 |
|||||||||||||
CURRENT ASSETS |
|||||||||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Customer receivables - net |
4 |
0 |
4 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other receivables |
1 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total current assets |
5 |
0 |
4 |
1 |
0 |
0 |
0 |
0 |
|||||||||||||
OTHER ASSETS: |
|||||||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other investments |
0 |
(261) |
0 |
0 |
0 |
0 |
1 |
72 |
|||||||||||||
Other |
6 |
0 |
2 |
1 |
2 |
1 |
0 |
0 |
|||||||||||||
Total other assets |
6 |
(261) |
2 |
1 |
2 |
1 |
1 |
72 |
|||||||||||||
TOTAL ASSETS |
$267 |
($261) |
$78 |
$77 |
$74 |
$38 |
$1 |
$72 |
|||||||||||||
CAPITALIZATION |
|||||||||||||||||||||
Common shareholders' equity |
$190 |
($261) |
$72 |
$77 |
$74 |
$38 |
$1 |
$1 |
|||||||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total capitalization |
190 |
(261) |
72 |
77 |
74 |
38 |
1 |
1 |
|||||||||||||
CURRENT LIABILITIES |
|||||||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accrued interest and taxes |
3 |
0 |
3 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
2 |
0 |
2 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total current liabilities |
5 |
0 |
5 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||||||||
Asset retirement obligations |
1 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Accumulated deferred income taxes |
71 |
0 |
0 |
0 |
0 |
0 |
0 |
71 |
|||||||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other liab. & def. credits |
72 |
0 |
1 |
0 |
0 |
0 |
0 |
71 |
|||||||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$267 |
($261) |
$78 |
$77 |
$74 |
$38 |
$1 |
$72 |
|||||||||||||
|
|||||||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||||||||
INCOME STATEMENT |
Upton |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||||||
OPERATING REVENUES |
$19 |
$0 |
$8 |
$8 |
$2 |
$1 |
$0 |
$0 |
|||||||||||||
OPERATING EXPENSES |
|||||||||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other operations and maintenance |
5 |
0 |
0 |
2 |
2 |
1 |
0 |
0 |
|||||||||||||
Depreciation & amortization |
15 |
0 |
4 |
5 |
4 |
2 |
0 |
0 |
|||||||||||||
Taxes other than income taxes |
3 |
0 |
3 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total operating expenses |
23 |
0 |
7 |
7 |
6 |
3 |
0 |
0 |
|||||||||||||
OPERATING INCOME |
(4) |
0 |
1 |
1 |
(4) |
(2) |
0 |
0 |
|||||||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Equity in earnings of equity method investees |
0 |
4 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Total other deductions - net |
0 |
4 |
0 |
0 |
0 |
0 |
0 |
1 |
|||||||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(4) |
4 |
1 |
1 |
(4) |
(2) |
0 |
1 |
|||||||||||||
INCOME TAXES |
(3) |
0 |
0 |
0 |
0 |
0 |
0 |
(3) |
|||||||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||||||||
IN ACCOUNTING PRINCIPLE |
(1) |
4 |
1 |
1 |
(4) |
(2) |
0 |
4 |
|||||||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
NET INCOME (LOSS) |
(1) |
4 |
1 |
1 |
(4) |
(2) |
0 |
4 |
|||||||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
3 |
11 |
(6) |
(2) |
(2) |
(1) |
1 |
5 |
|||||||||||||
DEDUCT: |
|||||||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$2 |
$15 |
($5) |
($1) |
($6) |
($3) |
$1 |
$9 |
FPL ENERGY UPTON WIND |
53 |
||||||||||||||
ASSETS |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||||||||
Elec. utility plant in ser. & other property |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Less accumulated depr. & amort. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total prop., plant and eqpt. - net |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total current assets |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other investments |
1 |
76 |
1 |
73 |
0 |
37 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total other assets |
1 |
76 |
1 |
73 |
0 |
37 |
|||||||||
TOTAL ASSETS |
$1 |
$76 |
$1 |
$73 |
$0 |
$37 |
|||||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
$1 |
$76 |
$1 |
$73 |
$0 |
$37 |
|||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total capitalization |
1 |
76 |
1 |
73 |
0 |
37 |
|||||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$1 |
$76 |
$1 |
$73 |
$0 |
$37 |
|||||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||||||||
INCOME STATEMENT |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
|||||||||
OPERATING REVENUES |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|||||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Equity in earnings of equity method investees |
0 |
1 |
0 |
(4) |
0 |
(2) |
|||||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Total other deductions - net |
0 |
1 |
0 |
(4) |
0 |
(2) |
|||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
1 |
0 |
(4) |
0 |
(2) |
|||||||||
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
0 |
1 |
0 |
(4) |
0 |
(2) |
|||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
NET INCOME (LOSS) |
0 |
1 |
0 |
(4) |
0 |
(2) |
|||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
1 |
(2) |
1 |
(2) |
0 |
(1) |
|||||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$1 |
($1) |
$1 |
($6) |
$0 |
($3) |
ESI VANSYCLE PARTNERS, L.P. |
54 |
|||||||||||
ASSETS |
Vansycle |
Elims |
ESI |
ESI |
ESI |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$28 |
$0 |
$0 |
$0 |
$28 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(7) |
0 |
0 |
0 |
(7) |
|||||||
Total prop., plant and eqpt. - net |
21 |
0 |
0 |
0 |
21 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
1 |
0 |
0 |
0 |
1 |
|||||||
Other receivables |
0 |
0 |
0 |
0 |
0 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
1 |
0 |
0 |
0 |
1 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(22) |
22 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other assets |
0 |
(22) |
22 |
0 |
0 |
|||||||
TOTAL ASSETS |
$22 |
($22) |
$22 |
$0 |
$22 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$14 |
($22) |
$14 |
$0 |
$22 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Total capitalization |
14 |
(22) |
14 |
0 |
22 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current liabilities |
0 |
0 |
0 |
0 |
0 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
8 |
0 |
8 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
8 |
0 |
8 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$22 |
($22) |
$22 |
$0 |
$22 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
Vansycle |
Elims |
ESI |
ESI |
ESI |
|||||||
OPERATING REVENUES |
$4 |
$0 |
$4 |
$0 |
$0 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
1 |
0 |
1 |
0 |
0 |
|||||||
Depreciation & amortization |
2 |
0 |
2 |
0 |
0 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
3 |
0 |
3 |
0 |
0 |
|||||||
OPERATING INCOME |
1 |
0 |
1 |
0 |
0 |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
(1) |
0 |
0 |
1 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
0 |
(1) |
0 |
0 |
1 |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
(1) |
1 |
0 |
1 |
|||||||
INCOME TAXES |
(1) |
0 |
0 |
0 |
(1) |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
2 |
(1) |
1 |
0 |
2 |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
|
|
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
2 |
(1) |
1 |
0 |
2 |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
8 |
(6) |
6 |
0 |
8 |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$10 |
($7) |
$7 |
$0 |
$10 |
ESI VICTORY, INC. |
55 |
|||||||||||
ASSETS |
Victory |
Elims |
FPL |
ESI VG |
Victory |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$13 |
$0 |
$0 |
$0 |
$13 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(10) |
0 |
0 |
0 |
(10) |
|||||||
Total prop., plant and eqpt. - net |
3 |
0 |
0 |
0 |
3 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
1 |
0 |
0 |
0 |
1 |
|||||||
Customer receivables - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Other receivables |
3 |
0 |
0 |
2 |
1 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
4 |
0 |
0 |
2 |
2 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(7) |
7 |
0 |
0 |
|||||||
Other |
2 |
0 |
0 |
0 |
2 |
|||||||
Total other assets |
2 |
(7) |
7 |
0 |
2 |
|||||||
TOTAL ASSETS |
$9 |
($7) |
$7 |
$2 |
$7 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$8 |
($7) |
$7 |
$2 |
$6 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Total capitalization |
8 |
(7) |
7 |
2 |
6 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
1 |
0 |
0 |
0 |
1 |
|||||||
Total current liabilities |
1 |
0 |
0 |
0 |
1 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
0 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$9 |
($7) |
$7 |
$2 |
$7 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
Victory |
Elims |
FPL |
ESI VG |
Victory |
|||||||
OPERATING REVENUES |
$1 |
$0 |
$0 |
$0 |
$1 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
0 |
0 |
0 |
0 |
0 |
|||||||
Depreciation & amortization |
0 |
0 |
0 |
0 |
0 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
OPERATING INCOME |
1 |
0 |
0 |
0 |
1 |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
(2) |
1 |
1 |
0 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
0 |
(2) |
1 |
1 |
0 |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
1 |
(2) |
1 |
1 |
1 |
|||||||
INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
1 |
(2) |
1 |
1 |
1 |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
|
|
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
1 |
(2) |
1 |
1 |
1 |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
1 |
0 |
0 |
(1) |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$1 |
($1) |
$1 |
$1 |
$0 |
FPL ENERGY WAYMART GP, LLC |
56 |
|||||||||||
ASSETS |
Waymart |
Elims |
FPL |
FPL |
Waymart |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
||||||||||||
Elec. utility plant in ser. & other property |
$90 |
$0 |
$0 |
$0 |
$90 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(1) |
0 |
0 |
0 |
(1) |
|||||||
Total prop., plant and eqpt. - net |
89 |
0 |
0 |
0 |
89 |
|||||||
CURRENT ASSETS |
||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
1 |
0 |
0 |
0 |
1 |
|||||||
Other receivables |
1 |
0 |
0 |
0 |
1 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
2 |
0 |
0 |
0 |
2 |
|||||||
OTHER ASSETS: |
||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
0 |
(82) |
12 |
70 |
0 |
|||||||
Other |
(2) |
0 |
0 |
(5) |
3 |
|||||||
Total other assets |
(2) |
(82) |
12 |
65 |
3 |
|||||||
TOTAL ASSETS |
$89 |
($82) |
$12 |
$65 |
$94 |
|||||||
CAPITALIZATION |
||||||||||||
Common shareholders' equity |
$57 |
($82) |
($5) |
$62 |
$82 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Total capitalization |
57 |
(82) |
(5) |
62 |
82 |
|||||||
CURRENT LIABILITIES |
||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
0 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
11 |
0 |
0 |
3 |
8 |
|||||||
Total current liabilities |
11 |
0 |
0 |
3 |
8 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||
Asset retirement obligations |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
17 |
0 |
17 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
4 |
0 |
0 |
0 |
4 |
|||||||
Total other liab. & def. credits |
21 |
0 |
17 |
0 |
4 |
|||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$89 |
($82) |
$12 |
$65 |
$94 |
|||||||
|
||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||
INCOME STATEMENT |
Waymart |
Elims |
FPL |
FPL |
Waymart |
|||||||
OPERATING REVENUES |
$2 |
$0 |
$0 |
$0 |
$2 |
|||||||
OPERATING EXPENSES |
||||||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
1 |
0 |
0 |
0 |
1 |
|||||||
Depreciation & amortization |
1 |
0 |
0 |
0 |
1 |
|||||||
Taxes other than income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
Total operating expenses |
2 |
0 |
0 |
0 |
2 |
|||||||
OPERATING INCOME |
0 |
0 |
0 |
0 |
0 |
|||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
0 |
0 |
0 |
0 |
0 |
|||||||
Other - net |
0 |
0 |
0 |
0 |
0 |
|||||||
Total other deductions - net |
0 |
0 |
0 |
0 |
0 |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
0 |
0 |
0 |
0 |
|||||||
INCOME TAXES |
(1) |
0 |
(1) |
0 |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||
IN ACCOUNTING PRINCIPLE |
1 |
0 |
1 |
0 |
0 |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
|
|
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
1 |
0 |
1 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
0 |
0 |
0 |
0 |
|||||||
DEDUCT: |
||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
$1 |
$0 |
$1 |
$0 |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
|
57 |
|||||||||||||
ASSETS |
FPL |
Elims |
FPL |
FPL |
BAC |
Square |
FPL |
Blythe |
|||||||
PROPERTY, PLANT AND EQUIPMENT |
|
||||||||||||||
Elec. utility plant in ser. & other property |
$591 |
$0 |
$206 |
$3 |
$0 |
$0 |
$1 |
$0 |
|||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Construction work in progress |
43 |
0 |
40 |
0 |
0 |
0 |
0 |
0 |
|||||||
Less accumulated depr. & amort. |
(66) |
0 |
(11) |
(1) |
0 |
0 |
(1) |
0 |
|||||||
Total prop., plant and eqpt. - net |
568 |
0 |
235 |
2 |
0 |
0 |
0 |
0 |
|||||||
CURRENT ASSETS |
|||||||||||||||
Cash and cash equivalents |
0 |
0 |
0 |
2 |
0 |
0 |
0 |
0 |
|||||||
Customer receivables - net |
113 |
0 |
(5) |
117 |
0 |
0 |
0 |
0 |
|||||||
Other receivables |
123 |
197 |
(192) |
66 |
5 |
15 |
1 |
0 |
|||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
5 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
62 |
0 |
1 |
56 |
0 |
0 |
0 |
0 |
|||||||
Total current assets |
303 |
197 |
(196) |
241 |
5 |
15 |
1 |
0 |
|||||||
OTHER ASSETS: |
|||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other investments |
4,194 |
(916) |
4,757 |
0 |
75 |
272 |
0 |
0 |
|||||||
Other |
113 |
(26) |
4 |
30 |
0 |
0 |
0 |
0 |
|||||||
Total other assets |
4,307 |
(942) |
4,761 |
30 |
75 |
272 |
0 |
0 |
|||||||
TOTAL ASSETS |
$5,178 |
($745) |
$4,800 |
$273 |
$80 |
$287 |
$1 |
$0 |
|||||||
CAPITALIZATION |
|||||||||||||||
Common shareholders' equity |
$4,611 |
($916) |
$4,750 |
($44) |
$80 |
$287 |
($1) |
$0 |
|||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Total capitalization |
4,611 |
(916) |
4,750 |
(44) |
80 |
287 |
(1) |
0 |
|||||||
CURRENT LIABILITIES |
|||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Accounts payable |
70 |
0 |
1 |
66 |
0 |
0 |
0 |
0 |
|||||||
Customers' deposits |
10 |
0 |
0 |
10 |
0 |
0 |
0 |
0 |
|||||||
Accrued interest and taxes |
234 |
234 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
223 |
(37) |
34 |
207 |
0 |
0 |
2 |
0 |
|||||||
Total current liabilities |
537 |
197 |
35 |
283 |
0 |
0 |
2 |
0 |
|||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||||||||
Asset retirement obligations |
5 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Accumulated deferred income taxes |
0 |
(24) |
15 |
9 |
0 |
0 |
0 |
0 |
|||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
25 |
(2) |
0 |
25 |
0 |
0 |
0 |
0 |
|||||||
Total other liab. & def. credits |
30 |
(26) |
15 |
34 |
0 |
0 |
0 |
0 |
|||||||
COMMITMENTS AND CONTINGENCIES |
|||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$5,178 |
($745) |
$4,800 |
$273 |
$80 |
$287 |
$1 |
$0 |
|||||||
|
|||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|
||||||||||||||
INCOME STATEMENT |
FPL |
Elims |
FPL |
FPL |
BAC |
Square |
FPL |
Blythe |
|||||||
OPERATING REVENUES |
($815) |
($968) |
$0 |
$24 |
$0 |
$0 |
$0 |
$0 |
|||||||
OPERATING EXPENSES |
|||||||||||||||
Fuel, purchased power & interchange |
(916) |
(968) |
0 |
1 |
0 |
0 |
0 |
0 |
|||||||
Other operations and maintenance |
92 |
0 |
48 |
18 |
0 |
0 |
4 |
0 |
|||||||
Depreciation & amortization |
19 |
0 |
6 |
1 |
0 |
0 |
0 |
0 |
|||||||
Taxes other than income taxes |
15 |
0 |
2 |
1 |
0 |
0 |
1 |
0 |
|||||||
Total operating expenses |
(790) |
(968) |
56 |
21 |
0 |
0 |
5 |
0 |
|||||||
OPERATING INCOME |
(25) |
0 |
(56) |
3 |
0 |
0 |
(5) |
0 |
|||||||
OTHER INCOME (DEDUCTIONS): |
|||||||||||||||
Interest charges |
(62) |
0 |
(62) |
0 |
0 |
0 |
0 |
0 |
|||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Equity in earnings of equity method investees |
1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other - net |
35 |
(2) |
12 |
0 |
5 |
12 |
0 |
0 |
|||||||
Total other deductions - net |
(26) |
(2) |
(50) |
0 |
5 |
12 |
0 |
0 |
|||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
(51) |
(2) |
(106) |
3 |
5 |
12 |
(5) |
0 |
|||||||
INCOME TAXES |
(24) |
0 |
(46) |
2 |
1 |
5 |
(1) |
0 |
|||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||||||||
IN ACCOUNTING PRINCIPLE |
(27) |
(2) |
(60) |
1 |
4 |
7 |
(4) |
0 |
|||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
NET INCOME (LOSS) |
(27) |
(2) |
(60) |
1 |
4 |
7 |
(4) |
0 |
|||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(493) |
0 |
(321) |
(28) |
18 |
(1) |
(12) |
0 |
|||||||
DEDUCT: |
|||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($520) |
($2) |
($381) |
($27) |
$22 |
$6 |
($16) |
$0 |
FPL ENERGY, LLC AND SUBSIDIARIES |
58 |
ASSETS |
Maine Final |
PROPERTY, PLANT AND EQUIPMENT |
|
Elec. utility plant in ser. & other property |
$381 |
Nuclear fuel |
0 |
Construction work in progress |
3 |
Less accumulated depr. & amort. |
(53) |
Total prop., plant and eqpt. - net |
331 |
CURRENT ASSETS |
|
Cash and cash equivalents |
(2) |
Customer receivables - net |
1 |
Other receivables |
31 |
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
5 |
Deferred clause expenses |
0 |
Other |
5 |
Total current assets |
40 |
OTHER ASSETS: |
|
Special use funds |
0 |
Other investments |
6 |
Other |
105 |
Total other assets |
111 |
TOTAL ASSETS |
$482 |
CAPITALIZATION |
|
Common shareholders' equity |
$455 |
Pref. stk. of FPL w/o sinking fund require. |
0 |
Long-term debt |
0 |
Total capitalization |
455 |
CURRENT LIABILITIES |
|
Commercial paper |
0 |
Note payable |
0 |
Current maturities of long-term debt |
0 |
Accounts payable |
3 |
Customers' deposits |
0 |
Accrued interest and taxes |
0 |
Deferred clause revenues |
0 |
Other |
17 |
Total current liabilities |
20 |
OTHER LIABILITIES AND DEFERRED CREDITS |
|
Asset retirement obligations |
5 |
Accumulated deferred income taxes |
0 |
Storm and property insurance reserve |
0 |
Other |
2 |
Total other liab. & def. credits |
7 |
COMMITMENTS AND CONTINGENCIES |
|
TOTAL CAPITALIZATION AND LIABILITIES |
$482 |
|
|
CONSOLIDATING STATEMENTS OF INCOME AND |
|
INCOME STATEMENT |
Maine Final |
OPERATING REVENUES |
$129 |
OPERATING EXPENSES |
|
Fuel, purchased power & interchange |
51 |
Other operations and maintenance |
22 |
Depreciation & amortization |
12 |
Taxes other than income taxes |
11 |
Total operating expenses |
96 |
OPERATING INCOME |
33 |
OTHER INCOME (DEDUCTIONS): |
|
Interest charges |
0 |
Preferred stock dividends - FPL |
0 |
Loss on redemption of preferred stock - FPL |
0 |
Equity in earnings of equity method investees |
1 |
Other - net |
8 |
Total other deductions - net |
9 |
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
42 |
INCOME TAXES |
15 |
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|
IN ACCOUNTING PRINCIPLE |
27 |
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|
FASB Interpretation No. 46, "Consol. of Variable |
|
Interest Entities," net of income taxes |
0 |
NET INCOME (LOSS) |
27 |
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(149) |
DEDUCT: |
|
Dividends |
0 |
Other |
0 |
RET. EARNINGS (DEF.) AT END OF YEAR |
($122) |
FPL ENERGY MAINE, INC. |
|
59 |
||||||||||||||||||||||||
ASSETS |
Maine |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
||||||||||||||||||
PROPERTY, PLANT AND EQUIPMENT |
|
|||||||||||||||||||||||||
Elec. utility plant in ser. & other property |
$381 |
$0 |
$41 |
$75 |
$0 |
$1 |
$0 |
$0 |
||||||||||||||||||
Nuclear fuel |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Construction work in progress |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Less accumulated depr. & amort. |
(53) |
0 |
(9) |
(17) |
0 |
0 |
0 |
0 |
||||||||||||||||||
Total prop., plant and eqpt. - net |
331 |
0 |
32 |
58 |
0 |
1 |
0 |
0 |
||||||||||||||||||
CURRENT ASSETS |
||||||||||||||||||||||||||
Cash and cash equivalents |
(2) |
0 |
0 |
(1) |
(1) |
0 |
0 |
0 |
||||||||||||||||||
Customer receivables - net |
1 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other receivables |
31 |
0 |
13 |
1 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
5 |
0 |
2 |
3 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other |
5 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Total current assets |
40 |
0 |
15 |
5 |
(1) |
0 |
0 |
0 |
||||||||||||||||||
OTHER ASSETS: |
||||||||||||||||||||||||||
Special use funds |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other investments |
6 |
(337) |
0 |
0 |
0 |
0 |
338 |
0 |
||||||||||||||||||
Other |
105 |
(99) |
0 |
0 |
0 |
0 |
204 |
0 |
||||||||||||||||||
Total other assets |
111 |
(436) |
0 |
0 |
0 |
0 |
542 |
0 |
||||||||||||||||||
TOTAL ASSETS |
$482 |
($436) |
$47 |
$63 |
($1) |
$1 |
$542 |
$0 |
||||||||||||||||||
CAPITALIZATION |
|
|||||||||||||||||||||||||
Common shareholders' equity |
$455 |
($337) |
$42 |
$59 |
($2) |
$1 |
$443 |
($1) |
||||||||||||||||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Total capitalization |
455 |
(337) |
42 |
59 |
(2) |
1 |
443 |
(1) |
||||||||||||||||||
CURRENT LIABILITIES |
||||||||||||||||||||||||||
Commercial paper |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Note payable |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Accounts payable |
3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Customers' deposits |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other |
17 |
0 |
3 |
4 |
1 |
0 |
0 |
1 |
||||||||||||||||||
Total current liabilities |
20 |
0 |
3 |
4 |
1 |
0 |
0 |
1 |
||||||||||||||||||
OTHER LIABILITIES AND DEFERRED CREDITS |
||||||||||||||||||||||||||
Asset retirement obligations |
5 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Accumulated deferred income taxes |
0 |
(99) |
0 |
0 |
0 |
0 |
99 |
0 |
||||||||||||||||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other |
2 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Total other liab. & def. credits |
7 |
(99) |
2 |
0 |
0 |
0 |
99 |
0 |
||||||||||||||||||
COMMITMENTS AND CONTINGENCIES |
||||||||||||||||||||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$482 |
($436) |
$47 |
$63 |
($1) |
$1 |
$542 |
$0 |
||||||||||||||||||
|
||||||||||||||||||||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
||||||||||||||||||||||||||
INCOME STATEMENT |
Maine |
Elims |
FPL |
FPL |
FPL |
FPL |
FPL |
FPL |
||||||||||||||||||
OPERATING REVENUES |
$129 |
$7 |
$29 |
$44 |
$0 |
$1 |
($3) |
$0 |
||||||||||||||||||
OPERATING EXPENSES |
||||||||||||||||||||||||||
Fuel, purchased power & interchange |
51 |
0 |
13 |
40 |
0 |
0 |
(2) |
0 |
||||||||||||||||||
Other operations and maintenance |
22 |
0 |
5 |
4 |
(4) |
1 |
1 |
(1) |
||||||||||||||||||
Depreciation & amortization |
12 |
0 |
2 |
4 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Taxes other than income taxes |
11 |
0 |
1 |
2 |
0 |
0 |
0 |
1 |
||||||||||||||||||
Total operating expenses |
96 |
0 |
21 |
50 |
(4) |
1 |
(1) |
0 |
||||||||||||||||||
OPERATING INCOME |
33 |
7 |
8 |
(6) |
4 |
0 |
(2) |
0 |
||||||||||||||||||
OTHER INCOME (DEDUCTIONS): |
||||||||||||||||||||||||||
Interest charges |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Equity in earnings of equity method investees |
1 |
(43) |
0 |
0 |
0 |
0 |
43 |
0 |
||||||||||||||||||
Other - net |
8 |
(7) |
3 |
3 |
9 |
0 |
0 |
0 |
||||||||||||||||||
Total other deductions - net |
9 |
(50) |
3 |
3 |
9 |
0 |
43 |
0 |
||||||||||||||||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
42 |
(43) |
11 |
(3) |
13 |
0 |
41 |
0 |
||||||||||||||||||
INCOME TAXES |
15 |
0 |
0 |
0 |
0 |
0 |
15 |
0 |
||||||||||||||||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
||||||||||||||||||||||||||
IN ACCOUNTING PRINCIPLE |
27 |
(43) |
11 |
(3) |
13 |
0 |
26 |
0 |
||||||||||||||||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
||||||||||||||||||||||||||
FASB Interpretation No. 46, "Consol. of Variable |
||||||||||||||||||||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
NET INCOME (LOSS) |
27 |
(43) |
11 |
(3) |
13 |
0 |
26 |
0 |
||||||||||||||||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(149) |
297 |
(33) |
(73) |
8 |
1 |
(163) |
(3) |
||||||||||||||||||
DEDUCT: |
||||||||||||||||||||||||||
Dividends |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
Other |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||||||||||||||||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($122) |
$254 |
($22) |
($76) |
$21 |
$1 |
($137) |
($3) |
FPL ENERGY MAINE, INC. |
60 |
||
ASSETS |
FPL |
Maine 1 |
|
PROPERTY, PLANT AND EQUIPMENT |
|||
Elec. utility plant in ser. & other property |
$0 |
$264 |
|
Nuclear fuel |
0 |
0 |
|
Construction work in progress |
0 |
3 |
|
Less accumulated depr. & amort. |
0 |
(27) |
|
Total prop., plant and eqpt. - net |
0 |
240 |
|
CURRENT ASSETS |
|||
Cash and cash equivalents |
0 |
0 |
|
Customer receivables - net |
0 |
0 |
|
Other receivables |
0 |
17 |
|
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
|
Deferred clause expenses |
0 |
0 |
|
Other |
0 |
4 |
|
Total current assets |
0 |
21 |
|
OTHER ASSETS: |
|||
Special use funds |
0 |
0 |
|
Other investments |
0 |
5 |
|
Other |
0 |
0 |
|
Total other assets |
0 |
5 |
|
TOTAL ASSETS |
$0 |
$266 |
|
CAPITALIZATION |
|||
Common shareholders' equity |
$0 |
$250 |
|
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
|
Long-term debt |
0 |
0 |
|
Total capitalization |
0 |
250 |
|
CURRENT LIABILITIES |
|||
Commercial paper |
0 |
0 |
|
Note payable |
0 |
0 |
|
Current maturities of long-term debt |
0 |
0 |
|
Accounts payable |
0 |
3 |
|
Customers' deposits |
0 |
0 |
|
Accrued interest and taxes |
0 |
0 |
|
Deferred clause revenues |
0 |
0 |
|
Other |
0 |
8 |
|
Total current liabilities |
0 |
11 |
|
OTHER LIABILITIES AND DEFERRED CREDITS |
|||
Asset retirement obligations |
0 |
4 |
|
Accumulated deferred income taxes |
0 |
0 |
|
Storm and property insurance reserve |
0 |
0 |
|
Other |
0 |
1 |
|
Total other liab. & def. credits |
0 |
5 |
|
COMMITMENTS AND CONTINGENCIES |
|||
TOTAL CAPITALIZATION AND LIABILITIES |
$0 |
$266 |
|
|
|||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||
INCOME STATEMENT |
FPL |
Maine 1 |
|
OPERATING REVENUES |
$0 |
$51 |
|
OPERATING EXPENSES |
|||
Fuel, purchased power & interchange |
0 |
0 |
|
Other operations and maintenance |
0 |
16 |
|
Depreciation & amortization |
0 |
6 |
|
Taxes other than income taxes |
0 |
7 |
|
Total operating expenses |
0 |
29 |
|
OPERATING INCOME |
0 |
22 |
|
OTHER INCOME (DEDUCTIONS): |
|||
Interest charges |
0 |
0 |
|
Preferred stock dividends - FPL |
0 |
0 |
|
Loss on redemption of preferred stock - FPL |
0 |
0 |
|
Equity in earnings of equity method investees |
0 |
1 |
|
Other - net |
0 |
0 |
|
Total other deductions - net |
0 |
1 |
|
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
0 |
23 |
|
INCOME TAXES |
0 |
0 |
|
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||
IN ACCOUNTING PRINCIPLE |
0 |
23 |
|
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||
FASB Interpretation No. 46, "Consol. of Variable |
|||
Interest Entities," net of income taxes |
0 |
0 |
|
NET INCOME (LOSS) |
0 |
23 |
|
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
0 |
(183) |
|
DEDUCT: |
|||
Dividends |
0 |
0 |
|
Other |
0 |
0 |
|
RET. EARNINGS (DEF.) AT END OF YEAR |
$0 |
($160) |
FPL ENERGY MAINE, INC. |
|
61 |
|||||||
ASSETS |
Maine 1 |
Elims |
Kennebec |
FPL |
|||||
PROPERTY, PLANT AND EQUIPMENT |
|||||||||
Elec. utility plant in ser. & other property |
$264 |
$0 |
$0 |
$264 |
|||||
Nuclear fuel |
0 |
0 |
0 |
0 |
|||||
Construction work in progress |
3 |
0 |
0 |
3 |
|||||
Less accumulated depr. & amort. |
(27) |
0 |
0 |
(27) |
|||||
Total prop., plant and eqpt. - net |
240 |
0 |
0 |
240 |
|||||
CURRENT ASSETS |
|||||||||
Cash and cash equivalents |
0 |
0 |
0 |
0 |
|||||
Customer receivables - net |
0 |
0 |
0 |
0 |
|||||
Other receivables |
17 |
0 |
0 |
17 |
|||||
Mat'ls., supplies & fossil fuel inv. - at avg. cost |
0 |
0 |
0 |
0 |
|||||
Deferred clause expenses |
0 |
0 |
0 |
0 |
|||||
Other |
4 |
0 |
0 |
4 |
|||||
Total current assets |
21 |
0 |
0 |
21 |
|||||
OTHER ASSETS: |
|||||||||
Special use funds |
0 |
0 |
0 |
0 |
|||||
Other investments |
5 |
4 |
2 |
(1) |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
Total other assets |
5 |
4 |
2 |
(1) |
|||||
TOTAL ASSETS |
$266 |
$4 |
$2 |
$260 |
|||||
CAPITALIZATION |
|||||||||
Common shareholders' equity |
$250 |
$4 |
$2 |
$244 |
|||||
Pref. stk. of FPL w/o sinking fund require. |
0 |
0 |
0 |
0 |
|||||
Long-term debt |
0 |
0 |
0 |
0 |
|||||
Total capitalization |
250 |
4 |
2 |
244 |
|||||
CURRENT LIABILITIES |
|||||||||
Commercial paper |
0 |
0 |
0 |
0 |
|||||
Note payable |
0 |
0 |
0 |
0 |
|||||
Current maturities of long-term debt |
0 |
0 |
0 |
0 |
|||||
Accounts payable |
3 |
0 |
0 |
3 |
|||||
Customers' deposits |
0 |
0 |
0 |
0 |
|||||
Accrued interest and taxes |
0 |
0 |
0 |
0 |
|||||
Deferred clause revenues |
0 |
0 |
0 |
0 |
|||||
Other |
8 |
0 |
0 |
8 |
|||||
Total current liabilities |
11 |
0 |
0 |
11 |
|||||
OTHER LIABILITIES AND DEFERRED CREDITS |
|||||||||
Asset retirement obligations |
4 |
0 |
0 |
4 |
|||||
Accumulated deferred income taxes |
0 |
0 |
0 |
0 |
|||||
Storm and property insurance reserve |
0 |
0 |
0 |
0 |
|||||
Other |
1 |
0 |
0 |
1 |
|||||
Total other liab. & def. credits |
5 |
0 |
0 |
5 |
|||||
COMMITMENTS AND CONTINGENCIES |
|||||||||
TOTAL CAPITALIZATION AND LIABILITIES |
$266 |
$4 |
$2 |
$260 |
|||||
|
|||||||||
CONSOLIDATING STATEMENTS OF INCOME AND |
|||||||||
INCOME STATEMENT |
Maine 1 |
Elims |
Kennebec |
FPL |
|||||
OPERATING REVENUES |
$51 |
$0 |
$0 |
$51 |
|||||
OPERATING EXPENSES |
|||||||||
Fuel, purchased power & interchange |
0 |
0 |
0 |
0 |
|||||
Other operations and maintenance |
16 |
0 |
0 |
16 |
|||||
Depreciation & amortization |
6 |
0 |
0 |
6 |
|||||
Taxes other than income taxes |
7 |
0 |
0 |
7 |
|||||
Total operating expenses |
29 |
0 |
0 |
29 |
|||||
OPERATING INCOME |
22 |
0 |
0 |
22 |
|||||
OTHER INCOME (DEDUCTIONS): |
|||||||||
Interest charges |
0 |
0 |
0 |
0 |
|||||
Preferred stock dividends - FPL |
0 |
0 |
0 |
0 |
|||||
Loss on redemption of preferred stock - FPL |
0 |
0 |
0 |
0 |
|||||
Equity in earnings of equity method investees |
1 |
(1) |
1 |
1 |
|||||
Other - net |
0 |
0 |
0 |
0 |
|||||
Total other deductions - net |
1 |
(1) |
1 |
1 |
|||||
INCOME FROM OPERATIONS BEFORE INCOME TAXES |
23 |
(1) |
1 |
23 |
|||||
INCOME TAXES |
0 |
0 |
0 |
0 |
|||||
INCOME BEFORE CUMULATIVE EFFECT OF A CHANGE |
|||||||||
IN ACCOUNTING PRINCIPLE |
23 |
(1) |
1 |
23 |
|||||
CUM. EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES |
|||||||||
FASB Interpretation No. 46, "Consol. of Variable |
|||||||||
Interest Entities," net of income taxes |
0 |
0 |
0 |
0 |
|||||
NET INCOME (LOSS) |
23 |
(1) |
1 |
23 |
|||||
RET. EARNINGS (DEF.) AT BEG. OF YEAR |
(183) |
0 |
6 |
(189) |
|||||
DEDUCT: |
|||||||||
Dividends |
0 |
0 |
0 |
0 |
|||||
Other |
0 |
0 |
0 |
0 |
|||||
RET. EARNINGS (DEF.) AT END OF YEAR |
($160) |
($1) |
$7 |
($166) |
EXHIBIT B
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*Backbone Windpower Holdings, LLC |
|||||
Backbone Mountain Windpower LLC |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
FPL Energy Wind Funding Holdings, LLC |
|||||||||
FPL Energy Wind Funding, LLC |
|||||||||
FPL Energy Wind Financing, LLC |
|||||||||
FPL Energy American Wind Holdings, LLC |
|||||||||
*FPL Energy American Wind, LLC |
|||||||||
Badger Windpower, LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
*FPL Energy Bastrop GP, Inc. |
||||||
*FPL Energy Bastrop LP, LLC |
||||||
Bastrop Energy Partners, L.P. (50%) |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
FPL Energy New York, LLC |
||||||
*FPL Energy Rockaway Peaking Facilities, LLC |
||||||
Bayswater Peaking Facility, LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
Blythe Energy Acquisitions, LLC |
||||||
*FPL Energy Blythe, LLC |
||||||
Blythe Energy, LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
FPL Energy Construction Funding Holdings LLC |
||||||
*FPL Energy Construction Funding LLC |
||||||
Calhoun Power Company I, LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Delaware Mountain GP, LLC |
|||||
*FPL Energy Delaware Mountain LP, LLC |
|||||
Delaware Mountain Wind Farm, LP |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
*ESI LP, Inc. |
||||||
ESI Doswell GP, Inc. |
||||||
*Doswell I, Inc. |
||||||
Doswell Limited Partnership |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*ESI Vansycle GP, Inc. |
|||||
*ESI Vansycle LP, Inc. |
|||||
ESI Vansycle Partners, L.P. |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*ESI California Holdings, Inc. |
|||||
FPL Energy Cabazon Wind, LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*ESI California Holdings, Inc. |
|||||
FPL Energy Green Power Wind, LLC |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
FPL Energy Wind Funding Holdings, LLC |
|||||||||
FPL Energy Wind Funding, LLC |
|||||||||
FPL Energy Wind Financing, LLC |
|||||||||
FPL Energy American Wind Holdings, LLC |
|||||||||
*FPL Energy American Wind, LLC |
|||||||||
FPL Energy Hancock County Wind, LLC |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*FPL Energy Maine, Inc. |
||||
FPL Energy Maine Hydro LLC |
||||
FPL Energy Wyman LLC |
||||
FPL Energy Wyman IV LLC (61.7831%) |
||||
FPL Energy Cape, LLC |
||||
FPL Energy Spruce Point LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy MH50 GP, LLC |
|||||
*FPL Energy MH50 LP, LLC |
|||||
FPL Energy MH50, L.P. |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
ESI Northeast Energy LP, Inc. |
|||||||||
FPL Energy New Mexico Wind Holdings II, LLC |
|||||||||
FPL Energy New Mexico Wind II, LLC |
|||||||||
FPL Energy New Mexico Wind Financing, LLC |
|||||||||
*FPL Energy New Mexico Holdings, LLC |
|||||||||
FPL Energy New Mexico Wind, LLC |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy North Dakota Wind, LLC |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy Oklahoma Wind, LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Pecos Wind I GP, LLC |
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*FPL Energy Pecos Wind I LP, LLC |
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FPL Energy Pecos Wind I, LP |
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*FPL Energy Pecos Wind II GP, LLC |
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*FPL Energy Pecos Wind II LP, LLC |
|||||
FPL Energy Pecos Wind II, LP |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy Seabrook, LLC (88.2%) |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy Sooner Wind, LLC |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy South Dakota Wind, LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Upton Wind I GP, LLC |
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*FPL Energy Upton Wind I LP, LLC |
|||||
FPL Energy Upton Wind I, LP |
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*FPL Energy Upton Wind II GP, LLC |
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*FPL Energy Upton Wind II LP, LLC |
|||||
FPL Energy Upton Wind II, LP |
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*FPL Energy Upton Wind III GP, LLC |
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*FPL Energy Upton Wind III LP, LLC |
|||||
FPL Energy Upton Wind III, LP |
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*FPL Energy Upton Wind IV GP, LLC |
|||||
*FPL Energy Upton Wind IV LP, LLC |
|||||
FPL Energy Upton Wind IV, LP |
FPL Group, Inc. (Claimant) |
||||
FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy Vansycle L.L.C. |
FPL Group, Inc. (Claimant) |
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FPL Group Capital Inc |
||||
FPL Energy, LLC |
||||
*ESI Energy, LLC |
||||
FPL Energy Wyoming, LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
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ESI Energy, LLC |
||||||
*FPL Energy Forney, Inc. |
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*FPL Energy Forney, LLC |
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FPLE Forney, L.P. |
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MNM I, L.P. |
FPL Group, Inc. (Claimant) |
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FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
FPLE Rhode Island State Energy GP, Inc. |
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FPLE Rhode Island State Energy LP, LLC |
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**FPLE Rhode Island State Energy, L.P. |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Gray County Wind, LLC |
|||||
Gray County Wind Energy, LLC |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
FPL Energy Wind Funding Holdings, LLC |
|||||||||
FPL Energy Wind Funding, LLC |
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FPL Energy Wind Financing, LLC |
|||||||||
FPL Energy American Wind Holdings, LLC |
|||||||||
*FPL Energy American Wind, LLC |
|||||||||
Hawkeye Power Partners, LLC |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
FPL Energy Wind Funding Holdings, LLC |
|||||||||
FPL Energy Wind Funding, LLC |
|||||||||
FPL Energy Wind Financing, LLC |
|||||||||
FPL Energy American Wind Holdings, LLC |
|||||||||
*FPL Energy American Wind, LLC |
|||||||||
High Winds, LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Indian Mesa GP, LLC |
|||||
*FPL Energy Indian Mesa LP, LLC |
|||||
Indian Mesa Wind Farm L.P. |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
FPL Energy New York, LLC |
||||||
*FPL Energy Rockaway Peaking Facilities, LLC |
||||||
Jamaica Bay Peaking Facility, LLC |
FPL Group, Inc. (Claimant) |
|||||||||
FPL Group Capital Inc |
|||||||||
FPL Energy, LLC |
|||||||||
ESI Energy, LLC |
|||||||||
FPL Energy Wind Funding Holdings, LLC |
|||||||||
FPL Energy Wind Funding, LLC |
|||||||||
FPL Energy Wind Financing, LLC |
|||||||||
FPL Energy American Wind Holdings, LLC |
|||||||||
*FPL Energy American Wind, LLC |
|||||||||
Lake Benton Power Partners II, LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
*FPL Energy Paris GP, Inc. |
||||||
*FPL Energy Paris LP, LLC |
||||||
Lamar Power Partners, L.P. |
||||||
INTEXCO I, LP |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Pennsylvania Wind, LLC |
|||||
Meyersdale Windpower LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Pennsylvania Wind, LLC |
|||||
Mill Run Windpower LLC |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Pennsylvania Wind, LLC |
|||||
Pennsylvania Windfarms, Inc. |
FPL Group, Inc. (Claimant) |
|||||||
FPL Group Capital Inc |
|||||||
FPL Energy, LLC |
|||||||
ESI Energy, LLC |
|||||||
ESI LP, Inc. |
|||||||
*ESI Sky River Limited Partnership |
|||||||
*FPL Energy Sky River Wind, LLC |
|||||||
ESI California Holdings, Inc. |
|||||||
ESI Sky River, Inc. |
|||||||
*ESI Sky River Limited Partnership |
|||||||
*FPL Energy Sky River Wind, LLC |
|||||||
Sky River Partnership |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Pennsylvania Wind, LLC |
|||||
Somerset Windpower LLC |
FPL Group, Inc. (Claimant) |
||||||
FPL Group Capital Inc |
||||||
FPL Energy, LLC |
||||||
ESI Energy, LLC |
||||||
ESI LP, Inc. |
||||||
*ESI VG Limited Partnership |
||||||
*FPL Energy VG Wind, LLC |
||||||
ESI Victory, Inc. |
||||||
*ESI VG Limited Partnership |
||||||
*FPL Energy VG Wind, LLC |
||||||
Victory Garden Phase IV Partnership |
FPL Group, Inc. (Claimant) |
|||||
FPL Group Capital Inc |
|||||
FPL Energy, LLC |
|||||
ESI Energy, LLC |
|||||
*FPL Energy Waymart GP, LLC |
|||||
*FPL Energy Waymart LP, LLC |
|||||
Waymart Wind Farm L.P. |
FPL Group, Inc. (Claimant) |
||||||||||
FPL Group Capital Inc |
||||||||||
FPL Energy, LLC |
||||||||||
ESI Energy, LLC |
||||||||||
FPL Energy Wind Funding Holdings, LLC |
||||||||||
FPL Energy Wind Funding, LLC |
||||||||||
FPL Energy Wind Financing, LLC |
||||||||||
FPL Energy American Wind Holdings, LLC |
||||||||||
FPL Energy American Wind, LLC |
||||||||||
*ESI West Texas Energy, Inc. |
||||||||||
*ESI West Texas Energy LP, LLC |
||||||||||
West Texas Wind Energy Partners, L.P. |
* Denotes direct ownership interest in the EWG.
** Entity is the lessee of RISEP, an EWG, which it has no ownership interest.
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