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Consolidated Statements of Cash Flows - HECO (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 34,152 $ 38,789
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation of property, plant and equipment 39,726 37,911
Other amortization 935 1,419
Change in deferred income taxes 19,967 21,260
Allowance for equity funds used during construction (1,215) (1,940)
Changes in assets and liabilities    
Increase in fuel oil stock (29,272) (14,458)
Increase in regulatory assets (17,746) (13,948)
Change in prepaid and accrued income taxes and utility revenue taxes (50,933) (41,126)
Contributions to defined benefit pension and other postretirement benefit plans (21,476) (26,815)
Change in other assets and liabilities (2,776) (17,046)
Net cash provided by (used in) operating activities 48,319 (15,716)
Cash flows from investing activities    
Capital expenditures (71,041) (65,300)
Contributions in aid of construction 11,710 22,855
Net cash used in investing activities (112,551) (80,862)
Cash flows from financing activities    
Common stock dividends (24,394) (23,855)
Repayment of long-term debt (50,000) (57,500)
Net increase in short-term borrowings from nonaffiliates and affiliate with original maturities of three months or less 50,244 87,467
Other (3,240) (3,757)
Net cash provided by financing activities 107,278 62,659
Net increase (decrease) in cash and cash equivalents 43,046 (33,919)
Hawaiian Electric Company, Inc. and Subsidiaries
   
Cash flows from operating activities    
Net income 24,928 27,799
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation of property, plant and equipment 38,280 36,482
Other amortization 957 1,561
Change in deferred income taxes 17,975 20,061
Change in tax credits, net 1,382 1,356
Allowance for equity funds used during construction (1,215) (1,940)
Changes in assets and liabilities    
Decrease in accounts receivable 38,703 25,001
Decrease (increase) in accrued unbilled revenues (1,317) 11,184
Increase in fuel oil stock (29,272) (14,458)
Increase in materials and supplies (3,345) (3,561)
Increase in regulatory assets (17,746) (13,948)
Increase (decrease) in accounts payable 38,934 (33,174)
Change in prepaid and accrued income taxes and utility revenue taxes (53,666) (44,561)
Contributions to defined benefit pension and other postretirement benefit plans (21,010) (26,183)
Change in other assets and liabilities 19,913 3,444
Net cash provided by (used in) operating activities 53,501 (10,937)
Cash flows from investing activities    
Capital expenditures (67,915) (63,436)
Contributions in aid of construction 11,710 22,855
Net cash used in investing activities (56,205) (40,581)
Cash flows from financing activities    
Common stock dividends (20,070) (18,261)
Preferred stock dividends of HECO and subsidiaries (499) (499)
Repayment of long-term debt   (57,500)
Net increase in short-term borrowings from nonaffiliates and affiliate with original maturities of three months or less 43,052 84,942
Other 2 (120)
Net cash provided by financing activities 22,485 8,562
Net increase (decrease) in cash and cash equivalents 19,781 (42,956)
Cash and cash equivalents, beginning of period 17,159 48,806
Cash and cash equivalents, end of period $ 36,940 $ 5,850