TECO
ENERGY, Inc. |
CONSOLIDATED
BALANCE SHEETS (Unaudited) |
(All
significant intercompany transactions have been eliminated in the consolidated
financial statements.) |
|
|
|
|
|
|
|
|
September
30, |
(thousands) |
|
2001 |
|
2000 |
|
ASSETS |
|
|
|
|
Current assets |
|
|
|
|
Cash and cash equivalents |
|
$ 77,786 |
|
$ 26,395 |
Short-term investments |
|
6 |
|
6 |
Receivables, less allowance for uncollectibles |
|
361,616 |
|
371,658 |
Note Receivable |
|
- |
|
- |
Inventories, at average cost |
|
|
|
|
Fuel |
|
95,416 |
|
79,217 |
Materials and supplies |
|
85,298 |
|
70,816 |
Prepayments |
|
32,135 |
|
28,070 |
|
Total current assets |
|
652,257 |
|
576,162 |
|
|
|
|
|
|
Property, plant and equipment |
|
|
|
|
Utility plant in service-electric |
|
4,824,588 |
|
4,447,802 |
Utility plant in service-gas |
|
657,780 |
|
641,448 |
Construction work in progress |
|
774,942 |
|
233,487 |
Other property |
|
1,111,310 |
|
1,041,936 |
|
|
|
7,368,620 |
|
6,364,673 |
Accumulated depreciation |
|
(2,701,696) |
|
(2,547,398) |
|
Total property, plant and equipment, net |
|
4,666,924 |
|
3,817,275 |
|
|
|
|
|
Other assets |
|
|
|
|
Other investments |
|
202,215 |
|
222,999 |
Investment in unconsolidated affiliates |
|
166,577 |
|
153,176 |
Deferred income taxes |
|
121,818 |
|
118,471 |
Deferred charges and other assets |
|
434,068 |
|
282,004 |
|
Total other assets |
|
924,678 |
|
776,650 |
|
Total assets |
|
$ 6,243,859 |
|
$ 5,170,087 |
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND CAPITAL |
|
|
|
|
Current liabilities |
|
|
|
|
Long-term debt due within one year |
|
$ 477,912 |
|
$ 228,648 |
Notes payable |
|
401,600 |
|
935,900 |
Accounts payable |
|
215,010 |
|
247,230 |
Customer deposits |
|
85,087 |
|
81,529 |
Interest accrued |
|
58,137 |
|
38,593 |
Taxes accrued |
|
122,032 |
|
141,867 |
|
Total current liabilities |
|
1,359,778 |
|
1,673,767 |
|
|
|
|
|
Other liabilities |
|
|
|
|
Deferred income taxes |
|
391,327 |
|
438,469 |
Investment tax credits |
|
33,568 |
|
38,043 |
Regulatory liability -- tax related |
|
4,302 |
|
9,448 |
Other deferred credits |
|
220,339 |
|
172,201 |
Long-term debt, less amount due within one year |
|
2,159,960 |
|
1,359,820 |
Preferred Company Securities |
|
200,000 |
|
- |
Capital |
|
|
|
|
Common equity (outstanding 136,035,862 shares in 2001 |
|
|
|
|
and 125,895,466 shares in 2000) |
|
1,922,481 |
|
1,530,167 |
Unearned compensation |
|
(47,896) |
|
(51,828) |
|
Total liabilities and capital |
|
$ 6,243,859 |
|
$ 5,170,087 |
|
|
|
|
|
|
Book value per share |
|
$ 14.13 |
|
$ 12.15 |
|