NU Reports Year-End 2012 Results
Three months ended:
| (in millions, except EPS) | December 31, 2012 | December 31, 2011 | Increase/ (Decrease) | 2012 EPS 1 | ||||||||||||||||
| Electric Distribution/Generation | $ | 80.3 | $ | 54.2 | $ | 26.1 | $ | 0.25 | ||||||||||||
| Natural Gas Distribution | $ | 22.5 | $ | 11.0 | $ | 11.5 | $ | 0.07 | ||||||||||||
| Electric Transmission | $ | 68.6 | $ | 71.2 | ($2.6 | ) | $ | 0.22 | ||||||||||||
| NU Parent and Other Companies, ex. merger expenses | $ | 5.4 | ($4.0 | ) | $ | 9.4 | $ | 0.02 | ||||||||||||
| Earnings, ex. merger impacts | $ | 176.8 | $ | 132.4 | $ | 44.4 | $ | 0.56 | ||||||||||||
| Merger impacts | ($2.1 | ) | ($1.2 | ) | ($0.9 | ) | ($0.01 | ) | ||||||||||||
| CL&P storm fund | --- | ($17.9 | ) | $ | 17.9 | --- | ||||||||||||||
| Reported Earnings | $ | 174.7 | $ | 113.3 | $ | 61.4 | $ | 0.55 | ||||||||||||
12 months ended:
| (in millions, except EPS) | December 31, 2012 | December 31, 2011 | Increase/ (Decrease) | 2012 EPS 1 | ||||||||||||||||
| Electric Distribution/Generation, ex. rate credits and storm costs write-down | $ | 343.4 | $ | 207.0 | $ | 136.4 | $ | 1.23 | ||||||||||||
| Natural Gas Distribution, ex. rate Credits | $ | 32.9 | $ | 31.7 | $ | 1.2 | $ | 0.12 | ||||||||||||
| Electric Transmission | $ | 249.7 | $ | 199.6 | $ | 50.1 | $ | 0.90 | ||||||||||||
| NU Parent and Other Companies, ex. merger costs | $ | 7.5 | ($14.4 | ) | $ | 21.9 | $ | 0.03 | ||||||||||||
| Earnings, ex. merger impacts | $ | 633.5 | $ | 423.9 | $ | 209.6 | $ | 2.28 | ||||||||||||
| Merger impacts | ($107.6 | ) | ($11.3 | ) | ($96.3 | ) | ($0.39 | ) | ||||||||||||
| CL&P storm fund | --- | ($17.9 | ) | $ | 17.9 | --- | ||||||||||||||
| Reported Earnings | $ | 525.9 | $ | 394.7 | $ | 131.2 | $ | 1.89 | ||||||||||||
Retail sales data:
| December 31, 2012 | December 31, 2011 | % Change Actual | % Change Weather Norm. | |||||||||||
| Electric distribution | ||||||||||||||
| Gwh for three months ended* | 13,111 | 12,958 | 1.2 | % | 0.0 | % | ||||||||
| Gwh for 12 months ended* | 54,808 | 55,314 | (0.9 | %) | (0.2 | %) | ||||||||
| Natural Gas Distribution | ||||||||||||||
| Firm volumes in mmcf for three months ended** | 27,492 | 24,955 | 10.2 | % | 2.4 | % | ||||||||
| Firm volumes in mmcf for 12 months ended** | 87,527 | 92,363 | (5.2 | %) | 2.7 | % | ||||||||
* Pre-merger sales data for NSTAR Electric are included for illustrative purposes.
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