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Consolidated Statements of Income - HECO (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating expenses    
Purchased power $ 153,000 $ 165,000
Other income    
Allowance for equity funds used during construction 1,215 1,940
Interest and other charges    
Allowance for borrowed funds used during construction (730) (870)
Net income 34,152 38,789
Preferred stock dividends of subsidiaries 473 473
Net income for common stock 33,679 38,316
Hawaiian Electric Company, Inc. and Subsidiaries
   
Operating revenues 716,197 747,938
Operating expenses    
Fuel oil 305,100 327,839
Purchased power 153,364 164,789
Other operation 71,423 61,849
Maintenance 29,702 30,038
Depreciation 38,280 36,482
Taxes, other than income taxes 67,687 70,995
Income taxes 14,095 17,365
Total operating expenses 679,651 709,357
Operating income 36,546 38,581
Other income    
Allowance for equity funds used during construction 1,215 1,940
Other, net 2,312 1,309
Income tax expense (299) (44)
Total other income 3,228 3,205
Interest and other charges    
Interest on long-term debt 14,614 14,383
Amortization of net bond premium and expense 647 745
Other interest charges (credits) 315 (271)
Allowance for borrowed funds used during construction (730) (870)
Total interest and other charges 14,846 13,987
Net income 24,928 27,799
Preferred stock dividends of subsidiaries 229 229
Net income attributable to HECO 24,699 27,570
Preferred stock dividends of HECO 270 270
Net income for common stock $ 24,429 $ 27,300