CONNECTICUT LIGHT & POWER CO

For the period ended Sep 30, 2024. Filed Nov 6, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 6, 2024

ES$69.62+0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Statements of Income

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
(Thousands of Dollars)	2024	2023	2024	2023
Operating Revenues	$1,345,253	$1,190,096	$3,431,167	$3,563,150
Operating Expenses:
Purchased Power and Transmission	469,715	659,971	1,516,138	2,136,947
Operations and Maintenance	208,906	198,773	593,115	525,655
Depreciation	103,112	95,218	301,968	281,107
Amortization of Regulatory Assets/(Liabilities), Net	173,161	(113,165)	(73,583)	(425,402)
Energy Efficiency Programs	47,439	39,903	114,579	100,687
Taxes Other Than Income Taxes	115,807	107,037	316,000	303,222
Total Operating Expenses	1,118,140	987,737	2,768,217	2,922,216
Operating Income	227,113	202,359	662,950	640,934
Interest Expense	63,334	52,439	180,051	145,410
Other Income, Net	21,944	18,311	61,389	46,610
Income Before Income Tax Expense	185,723	168,231	544,288	542,134
Income Tax Expense	53,833	48,843	142,444	141,030
Net Income	$131,890	$119,388	$401,844	$401,104

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
(Thousands of Dollars)	2024	2023	2024	2023
Net Income	$131,890	$119,388	$401,844	$401,104
Other Comprehensive (Loss)/Income, Net of Tax:
Qualified Cash Flow Hedging Instruments	(7)	(7)	(20)	(21)
Changes in Unrealized Gains on Marketable Securities	—	—	—	43
Other Comprehensive (Loss)/Income, Net of Tax	(7)	(7)	(20)	22
Comprehensive Income	$131,883	$119,381	$401,824	$401,126

CONDENSED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY

	For the Nine Months Ended September 30, 2024
Common Stock · CapitalSurplus,Paid In · RetainedEarnings · AccumulatedOtherComprehensiveIncome · TotalCommonStockholder'sEquity
(Thousands of Dollars, Except Stock Information) · Stock · Amount
Balance as of January 1, 2024	6,035,205	$60,352		$3,384,265		$2,645,868		$185	$6,090,670
Net Income				138,353			138,353
Dividends on Preferred Stock				(1,390)			(1,390)
Dividends on Common Stock				(82,500)			(82,500)
Capital Contributions from Eversource Parent			100,000				100,000
Other Comprehensive Loss					(7)		(7)
Balance as of March 31, 2024	6,035,205	60,352		3,484,265		2,700,331		178	6,245,126
Net Income				131,601			131,601
Dividends on Preferred Stock				(1,390)			(1,390)
Capital Contributions from Eversource Parent			100,000				100,000
Other Comprehensive Loss					(6)		(6)
Balance as of June 30, 2024	6,035,205	60,352		3,584,265		2,830,542		172	6,475,331
Net Income				131,890			131,890
Dividends on Preferred Stock				(1,390)			(1,390)
Dividends on Common Stock				(165,100)			(165,100)
Capital Contributions from Eversource Parent			100,000				100,000
Other Comprehensive Loss					(7)		(7)
Balance as of September 30, 2024	6,035,205	$60,352		$3,684,265		$2,795,942		$165	$6,540,724

	For the Nine Months Ended September 30, 2023
Common Stock · CapitalSurplus,Paid In · RetainedEarnings · AccumulatedOtherComprehensiveIncome · TotalCommonStockholder'sEquity
(Thousands of Dollars, Except Stock Information) · Stock · Amount
Balance as of January 1, 2023	6,035,205	$60,352		$3,260,765		$2,463,094		$169	$5,784,380
Net Income				148,416			148,416
Dividends on Preferred Stock				(1,390)			(1,390)
Dividends on Common Stock				(82,600)			(82,600)
Other Comprehensive Income					36		36
Balance as of March 31, 2023	6,035,205	60,352		3,260,765		2,527,520		205	5,848,842
Net Income				133,300			133,300
Dividends on Preferred Stock				(1,390)			(1,390)
Dividends on Common Stock				(82,600)			(82,600)
Other Comprehensive Loss					(7)		(7)
Balance as of June 30, 2023	6,035,205	60,352		3,260,765		2,576,830		198	5,898,145
Net Income				119,388			119,388
Dividends on Preferred Stock				(1,390)			(1,390)
Dividends on Common Stock				(82,600)			(82,600)
Capital Contributions from Eversource Parent			123,500				123,500
Other Comprehensive Loss					(7)		(7)
Balance as of September 30, 2023	6,035,205	$60,352		$3,384,265		$2,612,228		$191	$6,057,036

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.