EX-99.2 3 tm2413187d1_ex99-2.htm EXHIBIT 99.2 Document

Exhibit 99.2 

 

EVERSOURCE ENERGY AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

 

    For the Three        
    Months Ended        
    March 31,        
(Thousands of Dollars, Except Share Information)   2024     2023  
Operating Revenues   $ 3,332,575     $ 3,795,643  
                 
Operating Expenses:                
Purchased Power, Purchased Natural Gas and Transmission     1,235,956       1,903,246  
Operations and Maintenance     462,964       454,562  
Depreciation     339,914       312,955  
Amortization     (2,325 )     (76,059 )
Energy Efficiency Programs     213,479       222,952  
Taxes Other Than Income Taxes     236,614       228,414  
Total Operating Expenses     2,486,602       3,046,070  
Operating Income     845,973       749,573  
Interest Expense     250,749       194,543  
Other Income, Net     91,030       88,981  
Income Before Income Tax Expense     686,254       644,011  
Income Tax Expense     162,526       150,972  
Net Income     523,728       493,039  
Net Income Attributable to Noncontrolling Interests     1,880       1,880  
Net Income Attributable to Common Shareholders   $ 521,848     $ 491,159  
                 
Basic and Diluted Earnings Per Common Share   $ 1.49     $ 1.41  
Weighted Average Common Shares Outstanding:                
Basic     350,717,114       349,217,147  
Diluted     350,997,220       349,612,013  

 

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.