United States yearbook - 1982 (1)

Electric Utilities—Public Utilities 585
No. 999. E l e c t r ic U t i l i t i e s — B a l a n c e S h e e t a n d In c o m e A c c o u n t o f P r i v a t e l y O w n e d
C o m p a n i e s : i9 6 0 t o 1 9 8 0
[In m illio n s o f d o lla rs . A s o f D o c . 3 1 . O n t h e b a s is o f b o th a s s e ts a n d re v e n u e s , th e s e c la s s e s (A a n d B u tilities) c o m p ris e n e a rly
1 0 0 p e rc e n t o f th e p riv a te ly -o w n e d s e c to r o f th e e le c tric lig h t a n d p o w e r in d u stry. S e e a ls o H isto rical S tatistics, C olonial Times
to 1970, s e rie s S 1 3 3 - 1 4 6 a n d V 1 9 7 - 2 1 2 ]
IT E M 1 9 6 0 1 9 6 5 1 9 7 0 1 9 7 4 1 9 7 6 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0
C O M P O S I T E B A L A N C E S H E E T
A s s e t s a n d o t h e r d e b it s ................ 4 4 , 7 4 2 5 6 , 3 9 5 8 7 , 4 1 7 1 4 2 , 0 9 0 1 6 7 , 1 0 4 1 7 3 , 0 8 0 1 9 2 , 0 5 5 2 1 1 , 0 9 3 2 3 4 , 8 3 4 2 6 9 , 9 6 2
E le c tric utility p la n t l....................................... 4 5 , 4 5 6 5 9 , 7 0 3 9 3 , 3 0 3 1 4 6 , 0 0 7 16 0 , 7 1 1 1 7 7 , 5 6 6 1 9 6 , 8 1 5 2 1 6 , 0 0 1 2 4 2 , 3 1 2 2 6 6 , 9 2 1
D epreciation and am ortbatlon................. 8,889 13,631 20,253 28,870 31,891 35,567 39,814 44,482 49,699 55,452
N a t e le c tric utility p la n t................................. 3 6 , 5 6 7 4 6 , 0 7 2 7 3 , 0 5 0 1 1 7 , 1 3 7 1 2 8 , 6 2 0 1 4 1 , 9 9 9 1 5 7 , 0 0 1 1 7 3 , 5 1 9 1 9 2 , 6 1 2 2 1 1 , 4 6 9
O th e r u tility p la n t.............................................. 4 , 6 6 2 6 , 6 1 3 8 , 9 7 4 11,281 1 1 , 6 7 3 1 2 , 0 9 7 1 2 , 6 1 9 1 3 , 1 8 2 1 3 , 8 6 8 1 4 , 7 9 3
D epredation and am ortization................. 983 1,418 2,095 2,865 3,107 3,368 3,862 3,932 4,217 4,625
N a t o t h e r utility p la n t..................................... 3 , 6 8 9 5 , 1 9 5 6 , 8 7 9 6 , 4 1 6 8 , 5 6 6 8 , 7 2 9 8 , 9 5 7 9 , 2 5 0 9,651 1 0 , 2 6 8
T o ta l u tility p la n t............................................... 5 0 , 3 0 6 6 6 , 3 1 5 1 0 2 , 2 7 7 1 5 7 , 2 8 8 1 7 2 , 3 8 4 1 8 9 , 6 6 3 2 0 9 , 4 3 4 2 3 1 , 1 8 3 2 5 6 , 1 8 1 2 8 1 , 7 1 5
D epreciation and amortization.................. 9,852 15,048 22,348 31,735 34,998 38,935 43,477 48,414 53,916 59,977
N e t to ta l utility p la n t....................................... 0 , 4 5 6 5 1 , 2 6 7 7 9 , 9 2 9 2 5 , 5 5 3 3 7 , 3 8 6 5 0 , 7 2 0 6 5 , 9 5 7 6 2 , 7 6 9 0 2 , 2 6 4 2 1 , 7 3 8
4 1 1 1 1 1 2 2
O th e r p ro p e rty a n d In v e s tm e n ts ............ 1 , 0 0 4 1, 2 4 7 1 , 7 4 2 4 , 0 1 4 4 , 4 9 8 4 , 8 2 2 5 , 6 0 7 6 , 3 7 5 5 , 9 9 9 6 , 5 2 8
C u rre n t a n d a c c ru e d a s s e t s ..................... 3 , 0 6 6 3 , 6 3 9 5,321 1 1 , 8 7 3 1 3 , 6 3 0 15 , 5 7 1 1 8 , 1 8 2 1 8 , 9 1 9 2 2 , 4 2 4 2 6 , 1 8 6
D e fe rre d d e b its .................................................. 2 1 6 2 4 2 4 2 5 1 , 5 5 0 1,691 1 , 9 5 9 2 , 3 0 9 3 , 0 3 0 4 , 1 4 5 5 , 5 1 0
L ia b ilitie s a n d o t h e r c r e d it s ’ .... 4 4 , 7 4 2 5 6 , 3 9 5 8 7 , 4 1 7 1 4 2 , 9 9 0 1 6 7 , 1 0 4 1 7 3 , 0 8 0 1 9 2 , 0 5 5 2 1 1 , 0 9 3 2 3 4 , 8 3 4 2 5 9 , 9 6 2
C a p ita l s to c k ....................................................... 1 3 , 3 2 2 1 5 , 6 6 8 2 0 , 7 8 2 3 3 , 9 8 4 3 7 , 7 7 3 4 1 , 6 1 3 4 5 , 5 9 9 4 9 , 1 4 8 5 3 , 7 6 2 5 9 , 2 6 2
4 , 4 0 0
11,531
O llie r p a id -in c a p ita l...................................... 1 , 7 4 7 2 , 6 2 2 9 , 4 1 9 1 3 , 4 4 4 1 5 , 6 1 3 1 7 , 8 9 9 1 9 , 3 5 2 21 , 5 1 1
R e ta in e d e a rn in g s ........................................... 3 , 7 3 6 5 , 7 1 2 9 , 3 6 3 1 3 , 2 9 8 1 4 , 6 6 8 1 6 , 2 3 3 1 7 , 8 2 9 1 9 , 3 7 6 2 1 , 0 2 5 22 , 7 1 1
S u b s id ia ry e a r n in g s 8...................................... (X) (X) (X) 4 8 5 6 0 2 6 6 7 7 9 5 9 4 3 1, 0 0 3 1, 0 5 9
L o n g -te rm d e b t.................................................. 1 , 0 3 5 5 , 5 0 2 1 , 9 3 7 6 4 , 4 9 9 7 0 , 8 2 0 7 6 , 2 1 0 8 2 , 1 7 8 6 6 , 2 6 2 9 5 , 6 6 4 0 5 , 2 5 7
2 2 4 1
C u rre n t a n d a c c ru e d lia b ilitie s ................. 3 , 1 1 2 4 , 2 2 2 7 , 3 0 9 1 5 , 2 4 0 1 3 , 6 5 5 1 4 , 0 5 4 1 6 , 0 3 5 1 8 , 3 1 7 2 3 , 3 9 8 2 6 , 2 9 8
D e fe rre d cre d its a n d o p era tin g
r e s e r v e s ............................................................ 2 7 7 5 4 6 9 4 5 1 , 8 5 5 2 , 6 8 9 4 , 0 4 6 5 , 6 6 4 7 , 1 4 3 8 , 7 1 7 9 , 8 0 6
D e fe r r e d In c o m e ta x e s *.............................. 1 , 3 2 5 1 , 8 2 9 2 , 1 9 8 4 , 2 0 9 5 , 3 6 8 6 , 8 1 3 8 , 3 4 2 1 0 , 0 0 4 1 1 , 8 9 0 1 4 , 1 1 7
C O M P O S I T E I N C O M E A C C O U N T S
E le c tric o p e ra tin g r e v e n u e s ...................... 0 , 1 1 6 3 , 4 0 0 19 , 7 9 1 3 7 , 2 2 5 4 4 , 5 9 8 5 0 , 5 5 2 5 8 , 6 6 5 6 5 , 4 2 7 7 2 , 8 5 1 8 7 , 0 6 2
1 1
E le c tric o p e ra tin g e x p e n s e s ..................... 7 , 9 1 7 1 0 , 2 9 6 1 5 , 3 1 0 3 0 , 1 3 4 3 6 , 0 7 5 4 1 , 1 2 6 4 8 , 5 7 9 5 4 , 3 4 5 6 1 , 0 0 5 7 3 , 4 2 4
N e t e le c tric o p e ra tin g re v e n u e s ............. 2 , 1 9 9 3 , 1 0 4 4,481 7, 0 9 1 6 , 5 2 3 9 , 4 2 6 1 0 , 2 8 6 1 1 , 0 8 2 1 1 , 8 4 5 1 3 , 6 3 8
O th e r u tility o p e ra tin g In c o m e ................. 1 9 8 3 0 4 4 0 4 4 9 5 5 2 2 6 3 4 5 8 9 6 5 2 7 0 0 7 4 1
T o ta l u tility op eratin g ’ in c o m e ................... 2 , 3 9 7 3 , 4 0 9 4 , 6 6 5 7 , 5 8 6 9 , 0 4 5 1 0 , 0 6 0 1 0 , 8 7 5 1 1 , 7 3 4 1 2 , 5 4 5 1 4 , 3 7 9
O th e r In c o m e ...................................................... 1 7 8 1 9 1 7 7 4 1 , 9 9 2 2 , 2 0 8 2 , 4 8 9 2 , 1 5 9 2 , 5 1 6 3 , 0 6 6 3 , 6 0 9
T o ta l In c o m e ....................................................... 2 , 5 7 5 3 , 6 0 0 5 , 6 5 9 9 , 5 7 8 1 1 , 2 5 3 1 2 , 5 4 9 1 3 , 0 3 4 1 4 , 2 5 0 15 , 6 1 1 1 7 , 9 8 8
In c o m e d e d u c tio n s .......................................... 7 9 2 1 , 0 1 9 2, 2 5 1 4 , 4 5 4 5,091 5 , 3 5 5 5 , 0 2 6 5 , 5 3 3 6 , 1 3 4 7 , 3 1 2
N e t in c o m e * ....................................................... 1 , 7 8 3 2,581 3 , 4 0 6 5 , 4 7 0 6 , 1 3 2 7, 2 0 1 8,011 8 , 7 1 7 9 , 4 7 7 1 0 , 6 7 6
X N o t a p p lic a b le . ’ In c lu d e s c o n s tru c tio n w o rk in p ro g re s s . ’ In c lu d e s c o n trib u tio n s in a id o f c o n s tru c tio n th ro u g h 1 9 7 0 .
9 U n a p p ro p ria te d u n d is trib u te d . * C u m u la tiv e . ‘ B e g in n in g 1 9 7 4 , in c lu d e s n e t e x tra o rd in a ry in c o m e .
S o u rc e ; 1 9 6 0 - 1 9 7 5 , U .S . F e d e ra l P o w e r C o m m is s io n ; th e re a fte r, U .S . E n e rg y In fo rm a tio n A d m in is tra tio n , S tatistics o f Privately
O wned E lectric U tilities In the U nited States, a n n u a l.
No. 1000. L a r g e s t P u b l i c U t i l i t y C o m p a n ie s — A s s e t s , R e v e n u e s , In c o m e , a n d S t o c k h o l d e r s ’
E q u i t y , b y R a n k o f A s s e t s : 1 9 7 0 a n d 1 9 8 1
( In m illio n s o f d o lla r s , e x c e p t p e r c e n t E x c lu d e s t e le p h o n e a n d te le g ra p h c o m p a n ie s . A s o f D e c . 3 1 o r c a le n d a r y e a r, a s
a p p lic a b le ]
1 9 7 0 1 9 8 1
A S S E T G R O U P
A s ­
s e ts 1
O p e r ­
a tin g
re v ­
e n u e s 3
N e t
in c o m e
S to c k ­
h o ld e rs ’
e q u it y 3
A s ­
s e ts *
O p e r ­
a tin g
re v ­
e n u e s 9
N e t
in c o m e
S to c k ­
h o ld e rs ’
e q u it y 9
4 0 la r g e s t ................................................................................ 2 0 5 . 9 9 0 . 4 7.7 6 6 .1 2 2 6 . 9 1 0 4 .8 9.5 76 . 2
3 0 . 4 1 7 . 4
9.0 3 3 . 7 19 . 5 1.5 10.8
S e c o n d t e n ............................................................................................. 3 7 . 3 1.7 42.1 2 5 . 0 1,9 14.0
20.2
12 . 4
5 1 . 9 1 9 . 5 1.8 16 . 8 57.1 2 1 . 9 2.2 19.2
H ig h e s t te n ............................................................................................. 66.2 3 3 . 3 3.3 2 7 . 9 9 4 . 0 3 8 . 4 3.8 32.2
P e r c e n t o f to ta l:
L o w e s t te n .......................................................................................... 14 . 8 19 . 2 11.6 13.6 14.9 18 . 6 16.4 14.2
S e c o n d t e n ........................................................................................ 18.1 2 2 . 3 22.1 18.8 18.5 23 . 8 20.3 18.3
T h ird t a n ............................................................................................. 2 5 . 2 2 1 . 5 23 . 6 25 . 4 25 . 2 20 . 9 23 . 2 25.2
H ig h e s t t e n ................................ ....................................................... 4 1 . 9 3 6 . 9 42 . 7 4 2 . 3 4 1 . 4 36 . 7 40.1 4 2 . 2
’ Total assets employed In business, net of depreciation; includes consolidated subsidiaries. ’ Gross receipts from operations
during year; includes nonutility revenues from manufacturing, transportation, etc. ’ Capital stock excluding redeem able preferred,
surplus, and retained earnings (i.e., net worth).
Source: Time, Inc., N ew York, N.Y., adapted from The Fortune Directory, July issues. (Copyright.)