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Consolidated Statements of Cash Flows - HECO (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 78,062 $ 56,547
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation of property, plant and equipment 75,517 75,243
Other amortization 2,999 11,965
Change in deferred income taxes 41,541 39,051
Allowance for equity funds used during construction (3,937) (2,561)
Change in cash overdraft   (2,305)
Changes in assets and liabilities    
Increase in fuel oil stock (35,893) (6,509)
Change in prepaid and accrued income taxes and utility revenue taxes (12,998) 8,333
Contributions to defined benefit pension and other postretirement benefit plans (53,356) (37,556)
Change in other assets and liabilities (62,910) (7,352)
Net cash provided by (used in) operating activities (3,572) 55,181
Cash flows from investing activities    
Capital expenditures (145,263) (89,088)
Contributions in aid of construction 26,981 8,153
Other   (2,911)
Net cash used in investing activities (188,313) (214,220)
Cash flows from financing activities    
Common stock dividends (47,851) (47,331)
Proceeds from issuance of long-term debt 417,000 125,000
Repayment of long-term debt (328,500) (50,000)
Net increase in short-term borrowings from nonaffiliates and affiliate with original maturities of three months or less 27,419 (24,923)
Other (2,055) (172)
Net cash provided by financing activities 129,169 95,134
Net decrease in cash and cash equivalents (62,716) (63,905)
Hawaiian Electric Company, Inc. and Subsidiaries
   
Cash flows from operating activities    
Net income 57,674 37,211
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation of property, plant and equipment 72,615 72,690
Other amortization 2,770 10,833
Change in deferred income taxes 42,524 33,456
Change in tax credits, net 2,880 1,556
Allowance for equity funds used during construction (3,937) (2,561)
Change in cash overdraft   (2,305)
Changes in assets and liabilities    
Increase in accounts receivable (10,958) (33,312)
Increase in accrued unbilled revenues (32,053) (18,479)
Increase in fuel oil stock (35,893) (6,509)
Increase in materials and supplies (7,599) (1,490)
Increase in regulatory assets (35,476) (14,498)
Increase (decrease) in accounts payable 5,931 (48,288)
Change in prepaid and accrued income taxes and utility revenue taxes (21,141) 12,178
Contributions to defined benefit pension and other postretirement benefit plans (52,086) (37,021)
Change in other assets and liabilities (6,776) 12,596
Net cash provided by (used in) operating activities (21,525) 16,057
Cash flows from investing activities    
Capital expenditures (141,618) (85,395)
Contributions in aid of construction 26,981 8,153
Other   77
Net cash used in investing activities (114,637) (77,165)
Cash flows from financing activities    
Common stock dividends (36,522) (35,279)
Preferred stock dividends of HECO and subsidiaries (998) (998)
Proceeds from issuance of long-term debt 417,000  
Repayment of long-term debt (328,500)  
Net increase in short-term borrowings from nonaffiliates and affiliate with original maturities of three months or less 44,242  
Other (1,929) (17)
Net cash provided by financing activities 93,293 (36,294)
Net decrease in cash and cash equivalents (42,869) (97,402)
Cash and cash equivalents, beginning of period 48,806 122,936
Cash and cash equivalents, end of period $ 5,937 $ 25,534