NRG Energy 10K 2006 Annual report | NRG Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigious
Readability	H.S. freshman Avg

New words: AB, absolute, ABWR, accomplish, acre, ActRule, advisory, advocated, alarm, Anderson, Andrew, announcedRepowering, Appealsmade, appellate, asFORNRG, aspect, asRepowering, Babcock, backsliding, backup, basket, beneficiary, Betriebsgesellschaft, biggest, Blackstone, Boiling, brandedFORNRG, broker, Brown, Burke, buyback, byEITF, byForm, Canyon, captive, CARB, Carlsbad, Carolyn, CaseNo, Cedar, circumvention, cliff, coastal, Cogentrix, combat, communication, Composite, composition, consortia, contrast, contributor, Cook, CSF, Delta, dental, derate, descending, devaluation, Diablo, dissolved, distance, disturb, DocketNo, DOJ, downtrend, driver, dynamic, earth, easily, efficacy, EITFTopic, element, elevated, emitter, EnviaM, EPAappeal, ERO, farm, FCM, Fitch, flat, fly, ForceNo, formula, formulate, FPL, FreightCar, fromRepowering, frozen, gap, Gesellschaft, graph, Grosso, habitat, hamper, hampered, Hantke, hazard, HEDD, Hewitt, Hg, hitting, Hobby, HYC, hypothetical, ideally, IndexNo, inJerry, innovative, inserted, intoSouth, IRM, IRS, IssueNo, ITISA, itsRepowering, Jacinto, JCCP, Jewett, Job, Jolla, knowingly, LaGen, layer, leakage, LFRM, lifted, LTIP, Lynch, map, Mato, mbH, Merrill, MetLife, metric, Metropolitan, MIBRA, Michigan, Mirant, misreporting, ML, modest, momentum, MOU, mounting, Murphy, network, nonrecurring, NRGcould, NRGprogram, NRGstrategy, ofEITF, officially, offsite, ofPosition, onForm, online, operationsand, orEITF, outreach, overfire, overriding, overturned, Padoma, paperwork, persistently, petcoke, Philadelphia, player, plentiful, pocket, poised, pragmatic, Pratt, preceding, predominate, Preliminarily, prelude, presumption, prosecution, pulverized, qualitative, quantitative, redetermination, reestablishment, refueling, Reg, RegistrationNo, reheater, remeasurement, reset, retiree, RFP, risen, Riverkeeper, ROIC, SB, sea, sequester, sequestration, shape, shortly, simulation, slightly, slipped, solution, staffing, stake, stark, sudden, surpassed, swung, tank, tankage, terrestrial, theConsolidated, theOldercase, therepowering, theRepowerng, theRiverkeeper, thisForm, toRepowering, tougher, traditionally, tube, turnover, Twin, unaffected, uncorrected, undergone, uneconomical, unsolicited, UTY, Vandalia, viable, VIE, VOC, wave, Wayzata, weaker, Wharton, Whitney, withEITF, withRule, withSOP, won, worse, yearly

Removed: absent, Acid, addressed, administrator, advisor, affiliated, affiliation, aggressive, agree, appoint, appointment, assist, assure, assured, Atel, attempt, authorization, bearing, belief, Boston, Bush, Cahua, Cal, calculating, Cambrian, cancellation, Carlton, carryforward, catalytic, category, cease, ceased, Century, certification, certify, cessation, challenging, clarify, competitively, composting, compromise, Conectiv, confirmed, conforming, considerably, consortium, constitute, constructing, consummation, corrective, covenant, Csepel, culminated, DCF, deadline, dealing, death, debate, debtor, declaration, decommissioned, deed, delineated, deliverability, deliverable, demolished, Denver, deposited, Deposition, derive, descent, detailing, deteriorating, DG, Dick, dictating, diesel, dilute, dioxide, disability, discontinuance, discounting, discretion, distinguish, distributed, documentation, downturn, draft, drilling, drug, Duke, duty, east, ECKG, EH, EIF, Eligibility, emerged, enforce, enterprise, Entrade, entrainment, envisioned, eventual, evidenced, excavated, excessive, executor, exempted, face, family, field, FirstEnergy, Florida, foreclosed, foreclosure, forgiven, formally, Fort, Fortistar, forum, foundation, fraud, Ft, geographical, Georgia, gift, good, GPU, grantee, green, guardian, Gulf, headquartered, heard, Heuersdorf, historically, hydropower, ICAP, identification, impingement, incidental, inclusive, incumbent, informally, inherited, input, installing, instance, intend, intention, interruption, investee, invoice, involvement, involving, Janeiro, Jerry, Jet, judge, Kearny, Killingholme, Kondapalli, Langage, lawsuit, leak, leasing, legislature, Lehman, lesser, lifetime, limitation, MACT, Maine, mandated, marking, matching, MatlinPatterson, Medicare, merged, Meriden, mm, Modernization, monitor, monoxide, multiemployer, Mustang, mutually, NASDAQ, Navy, netted, nickel, nitrogen, NLGI, notified, NRGenerating, NSP, NYPP, object, objection, obligate, observed, ordered, overhead, Pacasmayo, participated, permitting, perspective, Peru, Phoenix, piping, pollutant, possession, posting, pound, powerhouse, precipitated, prescription, pretax, priced, prime, procedure, processed, productive, Profen, professional, promulgating, pushing, Rain, ratify, RCRA, realizable, reclassify, reconciled, reconstituted, reimbursed, reimbursement, reject, rejection, relieve, relinquished, remand, remedial, remediated, reportable, requesting, restriction, restructured, resultant, revaluation, revalued, Rio, rulemaking, salary, sampling, Saxony, scheme, Schleenhain, Sithe, Smith, SOP, sound, spill, sponsored, stage, stalled, stationary, strictly, subtracted, succeeding, Successor, Superannuation, Switzerland, Syndication, tar, team, Telogia, TERI, territory, theoretical, thousand, Timber, transferable, tribunal, turn, UK, underneath, unlawful, Unregistered, unresolved, unseasonably, untested, updated, vi, Vienna, waive, wall, whatsoever, withdraw, withhold, wood, Woodville, WSCC, XLCA


										For the Period		For the Period
	For the Year			For the Year			For the Year			December 6,		January 1,			For the Year
	Ended			Ended			Ended			2003 Through		2003 Through			Ended
	December			December			December			December 31,		December 5,			December
	2006			2005			2004			2003		2003			2002
	(In millions except ratio)


Earnings:
Income/(loss) before taxes from continuing Operations before income tax	$	880		$	119		$	229		$	11	$	3,192		$	(2,857	)
Minority interest in earnings											—		—			—
Less:
Undistributed equity in earning of unconsolidated affiliates		(33	)		(8	)		(1	)		2		(41	)		(22	)
Capitalized interest		(5	)		—			—			—		—			(46	)
Preference dividends — tax effected		(83	)		(33	)		(1	)
Add:
Fixed Charges		691			233			259			18		297			474

Total Earnings:	$	1,450		$	311		$	486		$	31	$	3,448		$	(2,451	)

Fixed Charges:
Interest expense	$	571		$	186		$	232		$	16	$	275		$	397
Interest capitalized		5			—			—			—		—			46
Amortization of debt issuance costs		22			6			9			1		18			27
Amortization of debt discount/(premiums)		6			5			14			1		—
Approximation of interest in rental expense		4			3			4			0		4			4
Tax effect of Preference dividends		83			33			1

Total Fixed Charges:	$	691		$	233		$	260		$	18	$	297		$	474

Ratio of Earnings to combined Fixed Charges and Preference Dividends		2.10			1.33			1.87			1.71		11.61			(5.17	)

NRG Energy (NRG) 10-K2006 FY Annual report

Content analysis