Exhibit 99.2

UNITIL CORPORATION

CONSOLIDATED STATEMENTS OF EARNINGS

(Millions, except common shares and per share data) (Unaudited)

Year Ended December 31,	2009		2008
Operating Revenues:
Gas	$	152.8	$	56.9
Electric		209.9		227.5
Other		4.3		3.8
Total Operating Revenues		367.0		288.2
Operating Expenses:
Purchased Gas		96.4		37.3
Purchased Electricity		151.6		170.1
Operation and Maintenance		44.7		27.5
Conservation & Load Management		5.0		2.8
Depreciation and Amortization		27.4		19.1
Provisions for Taxes:
Local Property and Other		10.6		6.5
Federal and State Income		5.2		4.4
Total Operating Expenses		340.9		267.7
Operating Income		26.1		20.5
Other Non-Operating Expenses		0.3		0.3
Income Before Interest Expense		25.8		20.2
Interest Expense, net		15.8		10.5
Net Income		10.0		9.7
Less Dividends on Preferred Stock		0.1		0.1
Earnings Applicable to Common Shareholders	$	9.9	$	9.6
Average Common Shares Outstanding (000’s)—Basic		9,647		5,830
Average Common Shares Outstanding (000’s)—Diluted		9,647		5,830
Earnings per Common Share—Basic and Diluted	$	1.03	$	1.65

(The data contained in this report is preliminary and is unaudited.)

UNITIL CORPORATION

CONSOLIDATED BALANCE SHEETS (Condensed) (Millions) (Unaudited)

December 31,	2009		2008
ASSETS
Net Utility Plant	$	449.7	$	422.8
Current Assets:
Cash		7.7		11.5
Other Current Assets		99.1		136.8
Total Current Assets		106.8		148.3
Noncurrent Assets		168.7		162.1
TOTAL ASSETS	$	725.2	$	733.2
CAPITALIZATION AND LIABILITIES
Capitalization:
Common Stock Equity	$	193.1	$	139.5
Preferred Stock		2.0		2.0
Long-Term Debt, Less Current Portion		248.9		249.3
Total Capitalization		444.0		390.8
Current Liabilities:
Short-Term Debt		64.5		74.1
Other Current Liabilities		65.2		112.5
Total Current Liabilities		129.7		186.6
Noncurrent Liabilities		151.5		155.8
TOTAL CAPITALIZATION AND LIABILITIES	$	725.2	$	733.2

(The data contained in this report is preliminary and is unaudited.)

UNITIL CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS (Condensed) (Millions) (Unaudited)

Year Ended December 31,	2009			2008
Cash Provided by Operating Activities	$	50.9		$	47.3
Cash (Used In) Investing Activities:
Property, Plant and Equipment Additions		(58.7	)		(28.3	)
Acquisitions, net		(6.9	)		(209.9	)
Cash (Used In) Investing Activities		(65.6	)		(238.2	)
Cash Provided by Financing Activities		10.9			197.8
Net Increase (Decrease) in Cash		(3.8	)		6.9
Cash at Beginning of Year		11.5			4.6
Cash at End of Year	$	7.7		$	11.5

(The data contained in this report is preliminary and is unaudited.)