| TECO ENERGY, Inc. |
| CONSOLIDATED BALANCE SHEETS (Unaudited) |
| (All significant intercompany transactions have been eliminated in the consolidated financial statements.) |
|
| |
|
|
|
|
| |
|
March 31, |
| (thousands) |
|
2001 |
|
2000 |
|
| ASSETS |
|
|
|
|
| Current assets |
|
|
|
|
| Cash and cash equivalents |
|
$ 58,450 |
|
$ 21,699 |
| Short-term investments |
|
6 |
|
6 |
| Receivables, less allowance for uncollectibles |
|
346,357 |
|
262,988 |
| Note Receivable |
|
28,017 |
|
- |
| Inventories, at average cost |
|
|
|
|
| Fuel |
|
81,348 |
|
109,397 |
| Materials and supplies |
|
75,222 |
|
71,769 |
| Prepayments |
|
14,129 |
|
19,839 |
|
| Total current assets |
|
603,529 |
|
485,698 |
|
| |
|
|
|
|
| Property, plant and equipment |
|
|
|
|
| Utility plant in service-electric |
|
4,707,571 |
|
4,292,367 |
| Utility plant in service-gas |
|
639,060 |
|
609,710 |
| Construction work in progress |
|
477,850 |
|
235,889 |
| Other property |
|
1,086,835 |
|
1,049,567 |
|
| |
|
6,911,316 |
|
6,187,533 |
| Accumulated depreciation |
|
(2,613,335) |
|
(2,476,680) |
|
| Total property, plant and equipment, net |
|
4,297,981 |
|
3,710,853 |
| |
|
|
|
|
| Other assets |
|
|
|
|
| Other investments |
|
202,524 |
|
136,555 |
| Investment in unconsolidated affiliates |
|
178,687 |
|
107,516 |
| Deferred income taxes |
|
117,903 |
|
108,897 |
| Deferred charges and other assets |
|
455,331 |
|
221,460 |
|
| Total other assets |
|
954,445 |
|
574,428 |
|
| Total assets |
|
$ 5,855,955 |
|
$ 4,770,979 |
|
| |
|
|
|
|
| |
|
|
|
|
|
| LIABILITIES AND CAPITAL |
|
|
|
|
| Current liabilities |
|
|
|
|
| Long-term debt due within one year |
|
$ 226,837 |
|
$ 122,406 |
| Notes payable |
|
1,150,300 |
|
940,100 |
| Accounts payable |
|
239,773 |
|
191,082 |
| Customer deposits |
|
83,375 |
|
81,184 |
| Interest accrued |
|
50,364 |
|
28,054 |
| Taxes accrued |
|
60,949 |
|
74,059 |
|
| Total current liabilities |
|
1,811,598 |
|
1,436,885 |
| |
|
|
|
|
| Other liabilities |
|
|
|
|
| Deferred income taxes |
|
449,410 |
|
506,113 |
| Investment tax credits |
|
35,742 |
|
40,515 |
| Regulatory liability -- tax related |
|
8,672 |
|
12,079 |
| Other deferred credits |
|
201,600 |
|
153,717 |
| Long-term debt, less amount due within one year |
|
1,373,652 |
|
1,215,110 |
| Preferred Company Securities |
|
200,000 |
|
- |
| Capital |
|
|
|
|
| Common equity (outstanding 135,185,402 shares in 2001 |
|
|
|
|
| and 125,236,894 shares after deducting 7,043,000 shares |
|
|
|
|
| in Treasury at a cost of $144.7 million in 2000). |
|
1,824,286 |
|
1,458,862 |
| Unearned compensation |
|
(49,005) |
|
(52,302) |
|
| Total liabilities and capital |
|
$ 5,855,955 |
|
$ 4,770,979 |
|
| |
|
|
|
|
| Book value per share |
|
$ 13.49 |
|
$ 11.65 |
|
| |
|
|
|
|