Hawaiian Electric Industries' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Hawaiian Electric Industries, Inc. ( HE)

Q4 2011 Earnings Call

February 9, 2012 1:00 PM ET

Executives

Shelee Kimura – Manager, IR and Strategic Planning

Connie Lau – President and CEO

Jim Ajello – EVP, CFO and Treasurer

Richard Rosenblum – President and CEO, Hawaiian Electric Company, Inc.

Analysts

Ashar Khan – Visium

Andrew Weisel – Macquarie Capital

Bryce Rowe – Robert W. Baird

David Paz – Bank of America Merrill Lynch

Jim Krapfel – Morningstar

Jackie Shemara – KBW

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the 2011 and Fourth Quarter Hawaiian Electric Industries Earnings Conference Call. My name is Alisha, and I will be your operator for today. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of the conference. (Operator Instruction) As a reminder, this conference is being recorded for replay purposes.

I would now like to introduce Ms. Shelee Kimura, Manager of Investor Relations and Strategic Planning. Please proceed Ma’am.

Shelee Kimura

Thank you, Alisha, and welcome to Hawaiian Electric Industries’ 2011 yearend and fourth quarter earnings conference call. I am Shelee Kimura, and joining me today are Connie Lau, HEI President and Chief Executive Officer; Jim Ajello, HEI Executive Vice President, Chief Financial Officer and Treasurer; Dick Rosenblum, Hawaiian Electric Company President and Chief Executive Officer; and Rich Wacker, American Savings Bank President and Chief Executive Officer, as well as other members of senior management.

Forward-looking statements will be made on today’s call. Please reference the accompanying disclosure to the webcast slides located on our website.

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