| TECO
ENERGY, Inc. |
| CONSOLIDATED
BALANCE SHEETS (Unaudited) |
| (All significant
intercompany transactions have been eliminated in the consolidated financial
statements.) |
|
| |
|
|
|
|
| |
|
June 31, |
| (thousands) |
|
2001 |
|
2000 |
|
| ASSETS |
|
|
|
|
| Current assets |
|
|
|
|
| Cash and cash equivalents |
|
$ 73,548 |
|
$ 27,703 |
| Short-term investments |
|
6 |
|
6 |
| Receivables, less allowance for uncollectibles |
|
352,723 |
|
302,928 |
| Note Receivable |
|
- |
|
- |
| Inventories, at average cost |
|
|
|
|
| Fuel |
|
107,749 |
|
114,376 |
| Materials and supplies |
|
81,491 |
|
70,037 |
| Prepayments |
|
21,783 |
|
27,935 |
|
| Total current assets |
|
637,300 |
|
542,985 |
|
| |
|
|
|
|
| Property, plant and equipment |
|
|
|
|
| Utility plant in service-electric |
|
4,775,643 |
|
4,363,232 |
| Utility plant in service-gas |
|
649,558 |
|
624,788 |
| Construction work in progress |
|
576,858 |
|
252,472 |
| Other property |
|
1,097,308 |
|
1,098,809 |
|
| |
|
7,099,367 |
|
6,339,301 |
| Accumulated depreciation |
|
(2,658,034) |
|
(2,519,749) |
|
| Total property, plant and equipment, net |
|
4,441,333 |
|
3,819,552 |
| |
|
|
|
|
| Other assets |
|
|
|
|
| Other investments |
|
198,522 |
|
135,943 |
| Investment in unconsolidated affiliates |
|
147,353 |
|
108,347 |
| Deferred income taxes |
|
123,306 |
|
111,212 |
| Deferred charges and other assets |
|
434,736 |
|
214,901 |
|
| Total other assets |
|
903,917 |
|
570,403 |
|
| Total assets |
|
$ 5,982,550 |
|
$ 4,932,940 |
|
| |
|
|
|
|
| |
|
|
|
|
|
| LIABILITIES AND CAPITAL |
|
|
|
|
| Current liabilities |
|
|
|
|
| Long-term debt due within one year |
|
$ 626,892 |
|
$ 27,060 |
| Notes payable |
|
220,900 |
|
1,166,400 |
| Accounts payable |
|
231,175 |
|
200,823 |
| Customer deposits |
|
83,868 |
|
81,393 |
| Interest accrued |
|
37,880 |
|
24,735 |
| Taxes accrued |
|
104,790 |
|
72,382 |
|
| Total current liabilities |
|
1,305,505 |
|
1,572,793 |
| |
|
|
|
|
| Other liabilities |
|
|
|
|
| Deferred income taxes |
|
389,538 |
|
509,882 |
| Investment tax credits |
|
34,803 |
|
39,273 |
| Regulatory liability -- tax related |
|
6,946 |
|
10,691 |
| Other deferred credits |
|
213,246 |
|
159,135 |
| Long-term debt, less amount due within one year |
|
2,016,525 |
|
1,214,529 |
| Preferred Company Securities |
|
200,000 |
|
- |
| Capital |
|
|
|
|
| Common equity (outstanding 135,921,394 shares in 2001 |
|
|
|
|
| and 125,503,844 shares in 2000) |
|
1,868,086 |
|
1,480,439 |
| Unearned compensation |
|
(52,099) |
|
(53,802) |
|
| Total liabilities and capital |
|
$ 5,982,550 |
|
$ 4,932,940 |
|
| |
|
|
|
|
| Book value per share |
|
$ 13.74 |
|
$ 11.80 |
|