EX-99.2 3 tm2123580d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

EVERSOURCE ENERGY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

 

   For the Three Months Ended June 30,   For the Six Months Ended June 30, 
(Thousands of Dollars, Except Share Information)  2021   2020   2021   2020 
Operating Revenues  $2,122,538   $1,953,128   $4,948,378   $4,326,854 
                     
Operating Expenses:                    
Purchased Power, Fuel and Transmission   650,087    630,132    1,648,578    1,506,703 
Operations and Maintenance   411,147    332,055    876,689    674,117 
Depreciation   274,647    240,516    545,352    476,727 
Amortization   5,611    23,397    113,624    73,172 
Energy Efficiency Programs   128,955    115,354    317,018    263,747 
Taxes Other Than Income Taxes   200,486    178,019    409,944    359,613 
Total Operating Expenses   1,670,933    1,519,473    3,911,205    3,354,079 
Operating Income   451,605    433,655    1,037,173    972,775 
Interest Expense   145,435    134,285    283,201    269,000 
Other Income, Net   46,619    30,243    80,820    54,347 
Income Before Income Tax Expense   352,789    329,613    834,792    758,122 
Income Tax Expense   86,389    75,501    200,370    167,379 
Net Income   266,400    254,112    634,422    590,743 
Net Income Attributable to Noncontrolling Interests   1,880    1,880    3,759    3,759 
Net Income Attributable to Common Shareholders  $264,520   $252,232   $630,663   $586,984 
                     
Basic and Diluted Earnings Per Common Share  $0.77   $0.75   $1.83   $1.75 
                     
Weighted Average Common Shares Outstanding:                    
Basic   343,844,626    337,946,663    343,761,435    334,524,452 
Diluted   344,435,696    338,561,649    344,385,193    335,749,404 

 

 

The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.