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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 188,680,000$ 212,771,000[1]
Adjustments to reconcile net income to net cash from operating activities:  
Depreciation and amortization266,445,000249,067,000
Deferred taxes and deferred investment tax credit99,920,000126,659,000
AFUDC-equity(12,854,000)(20,915,000)
Deferred energy(20,802,000)134,969,000
Gain on sale of asset0(7,575,000)
Amortization of other regulatory assets124,213,00059,643,000
Deferred rate increase65,306,000(6,250,000)
Other, net25,633,0008,922,000
Changes in certain assets and liabilities:  
Accounts receivable(132,078,000)(82,833,000)
Materials, supplies and fuel(26,290,000)5,883,000
Other current assets(5,242,000)475,000
Accounts payable32,397,00043,110,000
Accrued retirement benefits167,000(13,658,000)
Other current liabilities(37,869,000)(13,589,000)
Risk management assets and liabilities1,913,00010,086,000
Other deferred assets(14,982,000)(4,912,000)
Other regulatory assets(72,480,000)(41,679,000)
Other deferred liabilities(15,043,000)(4,850,000)
Net Cash from Operating Activities467,034,000655,324,000
CASH FLOWS FROM (USED BY) INVESTING ACTIVITIES:  
Additions to utility plant (excluding AFUDC-equity)(469,870,000)(520,175,000)
Proceeds from sale of asset166,603,00018,225,000
Customer advances for construction(7,159,000)(6,030,000)
Contributions in aid of construction79,343,00046,217,000
Investments and other property - net410,000(9,090,000)
Net Cash used by Investing Activities(230,673,000)(470,853,000)
CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES:  
Proceeds from issuance of long-term debt386,784,000660,711,000
Retirement of long-term debt(480,689,000)(453,656,000)
Settlement of interest rate lock(14,944,000)0
Sale of common stock8,681,0004,086,000
Dividends paid(84,907,000)(77,561,000)
Net Cash from (used by) Financing Activities(185,075,000)133,580,000
Net Increase in Cash and Cash Equivalents51,286,000318,051,000
Beginning Balance in Cash and Cash Equivalents86,189,00062,706,000
Ending Balance in Cash and Cash Equivalents137,475,000380,757,000
Cash paid during period for:  
Interest251,011,000264,974,000
Income taxes1,00014,000
Significant non-cash transactions:  
Accrued construction expenses as of September 30,158,849,00065,163,000
Capital lease obligations incurred015,336,000
Nevada Power Company [Member]
  
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income161,651,000176,386,000
Adjustments to reconcile net income to net cash from operating activities:  
Depreciation and amortization186,798,000169,330,000
Deferred taxes and deferred investment tax credit85,488,00090,930,000
AFUDC-equity(10,979,000)(18,555,000)
Deferred energy14,651,00099,407,000
Amortization of other regulatory assets62,994,00041,415,000
Deferred rate increase65,306,000(6,250,000)
Other, net18,507,0003,085,000
Changes in certain assets and liabilities:  
Accounts receivable(145,862,000)(108,609,000)
Materials, supplies and fuel(9,100,000)4,678,000
Other current assets(3,307,000)233,000
Accounts payable26,434,00035,249,000
Accrued retirement benefits3,971,000(13,320,000)
Other current liabilities(32,523,000)(8,474,000)
Risk management assets and liabilities1,382,0007,903,000
Other deferred assets(13,788,000)(2,214,000)
Other regulatory assets(44,383,000)(28,175,000)
Other deferred liabilities(16,676,000)(3,233,000)
Net Cash from Operating Activities350,564,000439,786,000
CASH FLOWS FROM (USED BY) INVESTING ACTIVITIES:  
Additions to utility plant (excluding AFUDC-equity)(367,097,000)(421,793,000)
Proceeds from sale of asset31,997,0003,254,000
Customer advances for construction(2,165,000)(3,891,000)
Contributions in aid of construction64,617,00042,034,000
Investments and other property - net395,000(99,000)
Net Cash used by Investing Activities(272,253,000)(380,495,000)
CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES:  
Proceeds from issuance of long-term debt386,884,000637,975,000
Retirement of long-term debt(464,575,000)(412,201,000)
Settlement of interest rate lock(14,944,000)0
Additional investment by parent company54,000,0000
Dividends paid(65,000,000)(62,000,000)
Net Cash from (used by) Financing Activities(103,635,000)163,774,000
Net Increase in Cash and Cash Equivalents(25,324,000)223,065,000
Beginning Balance in Cash and Cash Equivalents60,077,00042,609,000
Ending Balance in Cash and Cash Equivalents34,753,000265,674,000
Cash paid during period for:  
Interest182,992,000180,732,000
Income taxes1,0002,000
Significant non-cash transactions:  
Accrued construction expenses as of September 30,141,384,00057,638,000
Capital lease obligations incurred015,336,000
Sierra Pacific Power Company [Member]
  
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income45,424,00052,897,000
Adjustments to reconcile net income to net cash from operating activities:  
Depreciation and amortization79,647,00079,737,000
Deferred taxes and deferred investment tax credit23,296,00021,134,000
AFUDC-equity(1,875,000)(2,360,000)
Deferred energy(35,453,000)35,562,000
Gain on sale of asset0(7,575,000)
Amortization of other regulatory assets59,855,00018,056,000
Other, net8,015,0004,454,000
Changes in certain assets and liabilities:  
Accounts receivable13,917,00051,221,000
Materials, supplies and fuel(17,190,000)1,184,000
Other current assets(964,000)1,423,000
Accounts payable12,833,0001,112,000
Accrued retirement benefits(4,504,000)(1,939,000)
Other current liabilities(6,447,000)1,615,000
Risk management assets and liabilities531,0002,183,000
Other deferred assets(1,194,000)(2,698,000)
Other regulatory assets(28,097,000)(13,504,000)
Other deferred liabilities(2,501,000)(2,691,000)
Net Cash from Operating Activities145,293,000239,811,000
CASH FLOWS FROM (USED BY) INVESTING ACTIVITIES:  
Additions to utility plant (excluding AFUDC-equity)(102,773,000)(111,476,000)
Proceeds from sale of asset134,606,00014,971,000
Customer advances for construction(4,994,000)(2,139,000)
Contributions in aid of construction14,726,0004,183,000
Investments and other property - net15,000(119,000)
Net Cash used by Investing Activities41,580,000(94,580,000)
CASH FLOWS FROM (USED BY) FINANCING ACTIVITIES:  
Proceeds from issuance of long-term debt022,736,000
Retirement of long-term debt(16,114,000)(41,308,000)
Dividends paid(114,000,000)(48,000,000)
Net Cash from (used by) Financing Activities(130,114,000)(66,572,000)
Net Increase in Cash and Cash Equivalents56,759,00078,659,000
Beginning Balance in Cash and Cash Equivalents9,552,00014,359,000
Ending Balance in Cash and Cash Equivalents66,311,00093,018,000
Cash paid during period for:  
Interest45,632,00048,990,000
Income taxes012,000
Significant non-cash transactions:  
Accrued construction expenses as of September 30,$ 17,465,000$ 7,525,000
[1]As discussed in Note 1, Summary of Significant Accounting Policies, net income and earnings per share basic and diluted were reduced from that previously reported by $5.2 million (net of taxes) and $0.02 per share (net of taxes), respectively.