COMMON STOCK AND OTHER PAID IN CAPITAL

6 Months Ended

Jun. 30, 2012

Equity [Abstract]

COMMON STOCK AND OTHER PAID-IN CAPITAL

NOTE 9.COMMON STOCK AND OTHER PAID-IN CAPITAL

Dividends

The following dividend declarations were made by the BOD of NVE:

Declaration Date		Amount	Payable Date	Shareholders of Record Date
February 10, 2012	$	0.13	March 21, 2012	March 6, 2012
May 7, 2012	$	0.17	June 20, 2012	June 5, 2012
August 2, 2012	$	0.17	September 19, 2012	September 4, 2012

On August 2, 2012, NPC declared a dividend to NVE of $40 million. For the six months ended June 30, 2012, NPC and SPPC paid dividends to NVE of $79 million and $20 million, respectively.