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Consolidated Balance Sheets (unaudited) - HECO - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Utility plant, at cost    
Total property, plant and equipment, net $ 4,269,241 $ 4,148,774
Other long-term assets    
Total assets 11,439,631 11,185,142
Capitalization    
Retained earnings 298,398 296,654
Total shareholders’ equity 1,898,520 1,790,573
Cumulative preferred stock — not subject to mandatory redemption $ 0 $ 0
Commitments and contingencies
Current liabilities    
Interest and preferred dividends payable $ 25,360 $ 25,336
Deferred credits and other liabilities    
Deferred income taxes 632,718 633,570
Contributions in aid of construction 482,760 466,432
Total liabilities and shareholders’ equity 11,439,631 11,185,142
Hawaiian Electric Company, Inc. and Subsidiaries    
Utility plant, at cost    
Land 52,022 52,299
Plant and equipment 6,142,229 6,009,482
Less accumulated depreciation (2,218,703) (2,175,510)
Construction in progress 196,355 158,616
Utility property, plant and equipment, net 4,171,903 4,044,887
Nonutility property, plant and equipment, less accumulated depreciation of $1,228 and $1,227 at respective dates 6,562 6,563
Total property, plant and equipment, net 4,178,465 4,051,450
Current assets    
Cash and cash equivalents [1] 4,470 13,762
Customer accounts receivable, net 139,922 158,484
Accrued unbilled revenues, net 109,444 137,374
Other accounts receivable, net 5,890 4,283
Fuel oil stock, at average cost 108,408 106,046
Materials and supplies, at average cost 57,355 57,250
Prepayments and other 35,962 66,383
Regulatory assets 99,236 71,421
Total current assets 560,687 615,003
Other long-term assets    
Regulatory assets 805,323 833,843
Unamortized debt expense 7,900 8,323
Other 81,932 81,838
Total other long-term assets 895,155 924,004
Total assets 5,634,307 5,590,457
Capitalization    
Common stock ($6 2/3 par value, authorized 50,000,000 shares; outstanding 15,805,327 shares) 105,388 105,388
Premium on capital stock 578,933 578,938
Retained earnings 1,012,285 997,773
Accumulated other comprehensive income, net of income taxes-retirement benefit plans 52 45
Total shareholders’ equity 1,696,658 1,682,144
Cumulative preferred stock — not subject to mandatory redemption 34,293 34,293
Long-term debt, net 1,206,546 1,206,546
Total capitalization $ 2,937,497 $ 2,922,983
Commitments and contingencies
Current liabilities    
Short-term borrowings from non-affiliates $ 88,993 $ 0
Accounts payable 147,750 163,934
Interest and preferred dividends payable 22,367 22,316
Taxes accrued 188,653 250,402
Regulatory liabilities 763 632
Other 66,385 65,146
Total current liabilities 514,911 502,430
Deferred credits and other liabilities    
Deferred income taxes 605,702 602,872
Regulatory liabilities 356,326 344,217
Unamortized tax credits 83,893 79,492
Defined benefit pension and other postretirement benefit plans liability 578,637 595,395
Other 74,581 76,636
Total deferred credits and other liabilities 1,699,139 1,698,612
Contributions in aid of construction 482,760 466,432
Total liabilities and shareholders’ equity $ 5,634,307 $ 5,590,457
[1] As restated - See Note 1, “Basis of presentation - Restatement of previously issued financial statements.”