Uil Holdings Corp (UIL) Financial Statements (2024 and earlier)
Company Profile
Business Address |
157 CHURCH ST NEW HAVEN, CT 06510 |
State of Incorp. | CT |
Fiscal Year End | December 31 |
Industry (SIC) | 4911 - Electric Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 179,133 | 80,120 | 115,579 | 102,801 | 175,613 | 137,372 | |||
Cash and cash equivalents | 179,133 | 80,120 | 115,579 | 102,801 | 175,613 | 137,372 | |||
Restricted cash and investments | 1,161 | 910 | 1,051 | 1,651 | |||||
Receivables | 298,606 | 406,436 | 343,914 | 281,443 | 288,517 | 388,544 | |||
Inventory, net of allowances, customer advances and progress billings | 47,328 | 31,437 | 86,428 | 91,306 | |||||
Inventory | 47,328 | 31,437 | 86,428 | 91,306 | |||||
Prepaid expense | 14,389 | 22,510 | 10,696 | 23,437 | 11,230 | 21,271 | |||
Derivative instruments and hedges, assets | 9,934 | 6,847 | 6,849 | 6,861 | 3,498 | 9,073 | |||
Regulatory asset | 102,987 | 87,071 | 92,764 | 69,721 | 331,256 | 326,262 | |||
Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | 10,947 | 10,550 | ||
Other current assets | 12,567 | 12,383 | 12,815 | 10,564 | 10,075 | 10,909 | |||
Other undisclosed current assets | 60,449 | 35,010 | |||||||
Total current assets: | 666,105 | 647,714 | 670,096 | 587,784 | 891,585 | 938,991 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 3,407,309 | 3,316,841 | 3,292,690 | 3,185,386 | 3,126,810 | 3,084,168 | |||
Long-term investments and receivables, including: | 1,487 | 1,489 | 1,490 | 139,638 | 143,181 | 142,342 | |||
Long-term investments | 140,258 | 140,127 | 139,972 | 139,638 | 143,181 | 142,342 | |||
Other undisclosed long-term investments and receivables | (138,771) | (138,638) | (138,482) | ||||||
Intangible assets, net (including goodwill) | 266,205 | 266,205 | 266,205 | 266,205 | 266,205 | 266,205 | |||
Goodwill | 266,205 | 266,205 | 266,205 | 266,205 | 266,205 | 266,205 | |||
Derivative instruments and hedges | 22,887 | 19,583 | 20,421 | 21,945 | 15,099 | 30,868 | |||
Regulated entity, other noncurrent assets | 694,044 | 713,469 | 700,769 | 635,599 | 639,242 | 652,636 | |||
Other noncurrent assets | 2,867 | 22,920 | 20,292 | 21,184 | 15,903 | 15,034 | |||
Other undisclosed noncurrent assets | 140,258 | 140,127 | 139,972 | ||||||
Total noncurrent assets: | 4,535,057 | 4,480,634 | 4,441,839 | 4,269,957 | 4,206,440 | 4,191,253 | |||
TOTAL ASSETS: | 5,201,162 | 5,128,348 | 5,111,935 | 4,857,741 | 5,098,025 | 5,130,244 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 273,304 | 303,907 | 355,931 | 270,650 | 206,400 | 248,590 | |||
Interest and dividends payable | 46,120 | 50,017 | 46,865 | 50,075 | |||||
Taxes payable | 18,323 | 26,248 | 20,184 | 17,633 | 19,137 | 29,074 | |||
Accounts payable | 145,543 | 167,405 | 217,700 | 111,484 | 115,395 | 151,919 | |||
Accrued liabilities | 63,318 | 60,237 | 71,182 | 91,458 | 71,868 | 67,597 | |||
Debt | 6,528 | 6,527 | 6,526 | 6,526 | 11,769 | 11,769 | |||
Derivative instruments and hedges, liabilities | 27,513 | 23,193 | 23,308 | 23,404 | 18,731 | 28,519 | |||
Regulatory liability | 44,242 | 23,557 | 17,026 | 30,043 | 309,713 | 266,892 | |||
Deferred tax liabilities | 16,691 | 17,466 | 3,767 | 17,271 | 11,001 | 9,434 | |||
Other undisclosed current liabilities | 80,000 | 70,000 | 89,000 | 10,000 | 46,556 | 50,269 | |||
Total current liabilities: | 448,278 | 444,650 | 495,558 | 357,894 | 604,170 | 615,473 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 1,758,987 | 1,710,168 | 1,711,349 | 1,713,986 | 1,721,337 | 1,722,622 | |||
Long-term debt, excluding current maturities | 1,711,349 | ||||||||
Other undisclosed long-term debt and lease obligation | 1,758,987 | 1,710,168 | 1,713,986 | 1,721,337 | 1,722,622 | ||||
Liabilities, other than long-term debt | 1,596,820 | 1,569,889 | 1,536,707 | 1,426,654 | 1,315,213 | 1,320,821 | |||
Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 162,379 | 166,941 | ||
Deferred tax liabilities, net | 608,290 | 604,160 | 585,335 | 569,301 | 573,893 | 560,585 | |||
Liability, pension and other postretirement and postemployment benefits | 351,480 | 350,288 | 350,786 | 236,950 | |||||
Regulatory liability | 509,758 | 491,155 | 491,896 | 513,722 | 482,447 | 465,755 | |||
Other liabilities | 47,649 | 48,278 | 46,924 | 46,733 | 47,552 | 46,166 | |||
Derivative instruments and hedges, liabilities | 79,643 | 76,008 | 61,766 | 59,948 | 48,942 | 81,374 | |||
Other undisclosed noncurrent liabilities | (2,877,035) | (2,805,483) | (2,788,580) | (2,797,009) | (2,691,741) | (2,663,116) | |||
Total noncurrent liabilities: | 478,772 | 474,574 | 459,476 | 343,631 | 344,809 | 380,327 | |||
Total liabilities: | 927,050 | 919,224 | 955,034 | 701,525 | 948,979 | 995,800 | |||
Equity | |||||||||
Equity, attributable to parent | 1,396,958 | 1,403,522 | 1,368,202 | 1,359,088 | 1,371,250 | 1,385,142 | |||
Common stock | 1,153,569 | 1,153,251 | 1,149,985 | 1,149,739 | 1,149,494 | 1,148,782 | |||
Additional paid in capital | 22,023 | 20,218 | 21,587 | 19,583 | 19,951 | 19,658 | |||
Accumulated other comprehensive income (loss) | (62) | 3 | (277) | 664 | 774 | 600 | |||
Retained earnings | 221,428 | 230,050 | 196,907 | 189,102 | 201,031 | 216,102 | |||
Equity, attributable to noncontrolling interest | 119 | 119 | 119 | 119 | 119 | 340 | |||
Total equity: | 1,397,077 | 1,403,641 | 1,368,321 | 1,359,207 | 1,371,369 | 1,385,482 | |||
Other undisclosed liabilities and equity | 2,877,035 | 2,805,483 | 2,788,580 | 2,797,009 | 2,777,677 | 2,748,962 | |||
TOTAL LIABILITIES AND EQUITY: | 5,201,162 | 5,128,348 | 5,111,935 | 4,857,741 | 5,098,025 | 5,130,244 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 312,007 | 584,053 | 432,961 | 293,026 | 334,794 | 571,162 | ||
Cost of revenue (Cost of Goods and Services Sold) | (94,804) | (291,331) | (175,964) | (94,578) | (128,300) | (288,966) | ||
Gross profit: | 217,203 | 292,722 | 256,997 | 198,448 | 206,494 | 282,196 | ||
Operating expenses | (269,115) | (483,979) | (360,396) | (258,874) | (298,522) | (466,748) | ||
Other undisclosed operating income | 94,804 | 291,331 | 175,964 | 94,578 | 128,300 | 288,966 | ||
Operating income: | 42,892 | 100,074 | 72,565 | 34,152 | 36,272 | 104,414 | ||
Nonoperating income (expense) | 4,294 | 4,368 | 4,591 | 3,487 | (3,302) | (2,551) | ||
Investment income, nonoperating | 672 | 709 | 842 | 666 | 523 | 542 | ||
Public utilities, allowance for funds used during construction, capitalized cost of equity | 1,952 | 2,157 | 1,945 | 2,550 | ||||
Other nonoperating income | 4,294 | 4,368 | 5,198 | 4,336 | 4,624 | 3,862 | ||
Interest and debt expense | (24,230) | (24,064) | (26,058) | (23,641) | (23,447) | (23,234) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 3,940 | 2,936 | 3,495 | 3,492 | 3,520 | 3,386 | ||
Income from continuing operations before equity method investments, income taxes: | 26,896 | 83,314 | 54,593 | 17,490 | 13,043 | 82,015 | ||
Income from equity method investments | 3,940 | 2,936 | 3,495 | 3,492 | 3,520 | 3,386 | ||
Income from continuing operations before income taxes: | 30,836 | 86,250 | 58,088 | 20,982 | 16,563 | 85,401 | ||
Income tax expense | (11,050) | (25,705) | (22,286) | (4,986) | (3,740) | (26,550) | ||
Income from continuing operations: | 19,786 | 60,545 | 35,802 | 15,996 | 12,823 | 58,851 | ||
Income before gain (loss) on sale of properties: | 19,786 | 60,545 | 35,802 | 15,996 | 12,823 | 58,851 | ||
Other undisclosed net loss | (3,940) | (2,936) | (3,495) | (3,492) | (3,520) | (3,386) | ||
Net income: | 15,846 | 57,609 | 32,307 | 12,504 | 9,303 | 55,465 | ||
Net income (loss) attributable to noncontrolling interest | (14) | (14) | (14) | (12) | 80 | (26) | ||
Other undisclosed net income (loss) attributable to parent | 7 | 7 | 7 | 6 | (40) | 13 | ||
Net income attributable to parent: | 15,839 | 57,602 | 32,300 | 12,498 | 9,343 | 55,452 | ||
Other undisclosed net loss available to common stockholders, basic | (8) | (33) | (18) | (7) | (6) | (30) | ||
Net income available to common stockholders, diluted: | 15,831 | 57,569 | 32,282 | 12,491 | 9,337 | 55,422 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income: | 15,846 | 57,609 | 32,307 | 12,504 | 9,303 | 55,465 | ||
Other comprehensive income (loss) | (65) | 280 | (941) | (110) | 166 | 73 | ||
Comprehensive income: | 15,781 | 57,889 | 31,366 | 12,394 | 9,469 | 55,538 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (7) | (7) | (7) | (6) | 40 | (13) | ||
Comprehensive income, net of tax, attributable to parent: | 15,774 | 57,882 | 31,359 | 12,388 | 9,509 | 55,525 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.