As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD

ASSETS

Cash and cash equivalents 220,036 175,542 300,478 278,452
Accounts receivable and unbilled revenues, net 346,785 313,696 242,766 237,950
Available-for-sale investment securities, at fair value 529,007 550,394 820,648 1,105,182
Stock in Federal Home Loan Bank, at cost 92,546 69,302 10,678 11,218
Loans receivable held for investment, net 4,110,113 4,389,033 4,565,781 4,683,160
Loans held for sale, at lower of cost or fair value 5,302 8,424 4,631 18,817

Property, plant and equipment, net

Land 74,272 94,093 90,890 97,423
Plant and equipment 5,836,922 6,137,417 6,444,214 6,727,935
Construction in progress 146,742 168,214 181,873 222,455
Total 6,057,936 6,399,724 6,716,977 7,047,813
Less - accumulated depreciation (2,192,422) (2,250,950) (2,339,319) (2,444,348)
Total, net 3,865,514 4,148,774 4,377,658 4,603,465
Regulatory assets 575,924 905,264 896,731 957,451
Other 512,627 542,523 480,457 447,621
Goodwill 82,190 82,190 82,190 82,190
Total assets 10,340,044 11,185,142 11,782,018 12,425,506

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities

Accounts payable 212,331 186,425 138,523 143,279
Interest and dividends payable 26,716 25,336 26,042 25,225
Deposit liabilities 4,372,477 4,623,415 5,025,254 5,548,929
Short-term borrowings-other than bank 105,482 118,972 103,063 0
Other bank borrowings 244,514 290,656 328,582 192,618
Long-term debt, net-other than bank 1,492,945 1,506,546 1,578,368 1,619,019
Deferred income taxes 529,260 633,570 680,877 728,806
Regulatory liabilities 349,299 344,849 371,543 410,693
Contributions in aid of construction 432,894 466,432 506,087 543,525
Defined benefit pension and other postretirement benefit plans liability 288,539 632,845 589,918 638,854
Other 524,224 531,230 471,828 473,512
Total liabilities 8,578,681 9,360,276 9,820,085 10,324,460
Preferred stock of subsidiaries - not subject to mandatory redemption 34,293 34,293 34,293 34,293

Shareholders' equity

Preferred stock 0 0 0 0
Common stock 1,488,126 1,521,297 1,629,136 1,660,910
Retained earnings 255,694 296,654 324,766 438,972
Accumulated other comprehensive loss, net of tax benefits
Net unrealized losses on securities (3,663) 462 (1,872) (7,931)
Unrealized losses on derivatives (525) (289) (54) (454)
Retirement benefit plans (12,562) (27,551) (24,336) (24,744)
Total, net (16,750) (27,378) (26,262) (33,129)
Total shareholders' equity 1,727,070 1,790,573 1,927,640 2,066,753
Total liabilities and shareholders' equity 10,340,044 11,185,142 11,782,018 12,425,506
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.