Twelve Months Ended Consolidated ResultsTotal interest charges increased approximately $1.6 million in the 2012 twelve month period compared to 2011. Interest expense related to long term debt decreased approximately $1.7 million due to refinancing of debt at lower interest rates. However, a reduction in deferred carrying charges of approximately $3.5 million, resulting from Iatan 2 and Plum Point carrying charges ending in June 2011, drove interest expense higher when compared to the 2011 period. The Company’s other income and deductions increased earnings around $1.0 million during the 2012 period.
The Empire District Electric Company Third Quarter 2012 Earnings Report, Declaration Of Dividend And Earnings Guidance Update
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