EX-99.2 3 tm2221991d1_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)  2022   2021   2022   2021 
Operating Revenues  $2,572,641   $2,122,538   $6,043,951   $4,948,378 
                     
Operating Expenses:                    
Purchased Power, Fuel and Transmission   940,541    650,087    2,330,237    1,648,578 
Operations and Maintenance   452,174    411,147    924,608    876,689 
Depreciation   294,238    274,647    583,568    545,352 
Amortization   70,409    5,611    307,357    113,624 
Energy Efficiency Programs   136,679    128,955    336,163    317,018 
Taxes Other Than Income Taxes   223,031    200,486    443,395    409,944 
Total Operating Expenses   2,117,072    1,670,933    4,925,328    3,911,205 
Operating Income   455,569    451,605    1,118,623    1,037,173 
Interest Expense   160,090    145,435    313,334    283,201 
Other Income, Net   93,861    46,619    165,422    80,820 
Income Before Income Tax Expense   389,340    352,789    970,711    834,792 
Income Tax Expense   95,598    86,389    231,643    200,370 
Net Income   293,742    266,400    739,068    634,422 
Net Income Attributable to Noncontrolling Interests   1,880    1,880    3,759    3,759 
Net Income Attributable to Common Shareholders  $291,862   $264,520   $735,309   $630,663 
                     
Basic and Diluted Earnings Per Common Share  $0.84   $0.77   $2.13   $1.83 
                     
Weighted Average Common Shares Outstanding:                    
Basic   345,893,714    343,844,626    345,525,030    343,761,435 
Diluted   346,295,478    344,435,696    345,978,306    344,385,193 

 

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.