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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities    
Net income attributable to UIL Holdings $ 66,200 $ 27,404
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,844 55,073
Deferred income taxes 17,948 (13,177)
Stock-based compensation expense (Note A) 3,342 2,148
Pension expense 20,231 13,152
Allowance for funds used during construction (AFUDC) - equity (5,317) (2,716)
Undistributed (earnings) losses in equity investments (4,846) 745
Deferred purchased gas 39,834 0
Excess generation service charge 2,191 (19,950)
Deferred transmission expense 11,458 12,420
Other non-cash items, net 934 40
Changes in:    
Utility accounts receivable, net 11,912 (6,729)
Unbilled revenues and other accounts receivable 26,986 1,723
Natural gas in storage 27,925 0
Prepayments 6,506 (1,195)
Accounts payable (25,813) 6,724
Interest accrued (1,440) 380
Taxes accrued (3,544) 19,245
Accrued liabilities (21,445) (7,033)
Accrued pension (62,321) (1,912)
Other assets (344) (730)
Other liabilities (2,773) 968
Total Adjustments 113,268 59,176
Net Cash provided by Operating Activities 179,468 86,580
Cash Flows from Investing Activities    
Related party note receivable (Note H) (1,050) (8,150)
Plant expenditures including AFUDC debt (161,030) (85,529)
Acquisition of gas companies, net of cash acquired (Note N) 11,211 0
Changes in restricted cash (2,664) 1,993
Deposits in New England East West Solution (NEEWS) (Note C) (1,099) 0
Other (845) 144
Net Cash (used in) Investing Activities (155,477) (91,542)
Cash Flows from Financing Activities    
Issuances of long-term debt 1,050 8,150
Payments on long-term debt (52,286) (4,286)
Line of credit borrowings (repayments) (7,000) 30,000
Payment of common stock dividend (43,605) (25,866)
Bank overdrafts 11,286 0
Other (62) (468)
Net Cash provided by Financing Activities (90,617) 7,530
Unrestricted Cash and Temporary Cash Investments:    
Net change for the period (66,626) 2,568
Balance at beginning of period 90,281 15,269
Balance at end of period 23,655 17,837
Non-cash investing activity:    
Plant expenditures included in ending accounts payable $ 35,636 $ 20,773