Reconciliation of electric utility operating income per HEI and HECO consolidated statements of income - HECO (Hawaiian Electric Company and Subsidiaries)

3 Months Ended

Mar. 31, 2012

Hawaiian Electric Company and Subsidiaries

Reconciliation of electric utility operating income per HEI and HECO consolidated statements of income

9 ·Reconciliation of electric utility operating income per HEI and HECO consolidated statements of income

Three months ended March 31
(in thousands)	2012			2011
Operating income from regulated and nonregulated activities before income taxes (per HEI consolidated statements of income)	$	57,254		$	45,208
Deduct:
Income taxes on regulated activities	(17,365		)	(11,610		)
Revenues from nonregulated activities	(1,672		)	(1,034		)
Add:
Expenses from nonregulated activities	364			155
Operating income from regulated activities after income taxes (per HECO consolidated statements of income)	$	38,581		$	32,719