Exhibit 99.2
EVERSOURCE ENERGY AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||||||||||||||
| (Thousands of Dollars, Except Share Information) | 2020 | 2019 | 2020 | 2019 | ||||||||||||
| Operating Revenues | $ | 2,343,642 | $ | 2,175,797 | $ | 6,670,497 | $ | 6,476,084 | ||||||||
| Operating Expenses: | ||||||||||||||||
| Purchased Power, Fuel and Transmission | 806,254 | 730,255 | 2,312,957 | 2,326,041 | ||||||||||||
| Operations and Maintenance | 332,031 | 331,054 | 1,006,148 | 994,660 | ||||||||||||
| Depreciation | 244,453 | 222,599 | 721,179 | 656,632 | ||||||||||||
| Amortization | 57,515 | 73,854 | 130,687 | 183,760 | ||||||||||||
| Energy Efficiency Programs | 145,047 | 136,832 | 408,794 | 382,785 | ||||||||||||
| Taxes Other Than Income Taxes | 197,112 | 171,965 | 556,726 | 537,636 | ||||||||||||
| Impairment of Northern Pass Transmission | — | — | — | 239,644 | ||||||||||||
| Total Operating Expenses | 1,782,412 | 1,666,559 | 5,136,491 | 5,321,158 | ||||||||||||
| Operating Income | 561,230 | 509,238 | 1,534,006 | 1,154,926 | ||||||||||||
| Interest Expense | 134,066 | 135,216 | 403,067 | 399,654 | ||||||||||||
| Other Income, Net | 29,218 | 26,968 | 83,565 | 103,818 | ||||||||||||
| Income Before Income Tax Expense | 456,382 | 400,990 | 1,214,504 | 859,090 | ||||||||||||
| Income Tax Expense | 108,242 | 80,226 | 275,621 | 194,435 | ||||||||||||
| Net Income | 348,140 | 320,764 | 938,883 | 664,655 | ||||||||||||
| Net Income Attributable to Noncontrolling Interests | 1,880 | 1,880 | 5,639 | 5,639 | ||||||||||||
| Net Income Attributable to Common Shareholders | $ | 346,260 | $ | 318,884 | $ | 933,244 | $ | 659,016 | ||||||||
| Basic Earnings Per Common Share | $ | 1.01 | $ | 0.98 | $ | 2.77 | $ | 2.06 | ||||||||
| Diluted Earnings Per Common Share | $ | 1.01 | $ | 0.98 | $ | 2.76 | $ | 2.05 | ||||||||
| Weighted Average Common Shares Outstanding: | ||||||||||||||||
| Basic | 343,076,614 | 324,037,169 | 337,375,172 | 320,442,253 | ||||||||||||
| Diluted | 343,773,602 | 326,008,342 | 338,424,100 | 321,570,926 | ||||||||||||
The data contained in this report is preliminary and is unaudited. This report is being submitted for the sole purpose of providing information to shareholders about Eversource Energy and Subsidiaries and is not a representation, prospectus, or intended for use in connection with any purchase or sale of securities.