HAWEM Financials 07/15/2014 23:29:34 Hawaiian Ele

HAWEM Financials 07/15/2014 23:29:34
Hawaiian Electric Co., Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 2,980,172 3,109,439 2,978,690 2,367,441
Cost of Revenue 2,299,503 2,419,088 2,334,862 1,827,722
Gross Profit 680,669 690,351 643,828 539,719
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 281,131 292,841 276,504 222,117
Non-Recurring Items - 40,000 9,215 -
Other 154,025 144,498 142,975 149,708
Operating Income 245,513 213,012 215,134 167,894
Income From Continuing Operations
Add'l Income/Expense Items 7,807 11,362 8,462 16,093
Earnings Before Interest and Tax 253,320 224,374 223,596 183,987
Interest Expense 59,279 62,055 60,031 58,535
Earnings Before Tax 194,041 162,319 163,565 125,452
Income Tax 69,117 61,048 61,584 46,868
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 124,924 101,271 101,981 78,584
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 124,924 101,271 101,981 78,584
Preferred Stock and Other Adjustments (1,995) (1,995) (1,995) (1,995)
Net Income Applicable to Common Shareholders 122,929 99,276 99,986 76,589