Cash flows - HECO

9 Months Ended

Sep. 30, 2011

Cash flows

11 · Cash flows

Nine months ended September 30	2011			2010
(in millions)
Supplemental disclosures of cash flow information
Interest paid to non-affiliates	$	74		$	69
Income tax paid/(received)	(19		)	44
Supplemental disclosures of noncash activities
Common stock dividends reinvested in HEI common stock (1)	12			17
Increases in common stock issued under director and officer compensatory plans	6			3
Real estate acquired in settlement of loans	8			4

(1) For 2011, the amount shown represents dividends reinvested in HEI common stock under the HEI Dividend Reinvestment and Stock Purchase Plan (DRIP) in noncash transactions from January 1 through August 17, 2011. HEI satisfied the requirements of the HEI DRIP, the HEIRSP and the ASB 401(k) Plan (from August 18, 2011 through September 30, 2011), and is satisfying those requirements currently by acquiring for cash its common shares through open market purchases rather than by issuing additional shares.

Hawaiian Electric Company, Inc. and Subsidiaries

Cash flows

6 · Cash flows

Nine months ended September 30	2011			2010
(in millions)
Supplemental disclosures of cash flow information
Interest paid	$	43		$	42
Income tax paid/(received)	(27		)	37
Supplemental disclosures of noncash activities
Electric utility property, plant and equipment - Unpaid invoices and other	21			13