WISCONSIN ELECTRIC POWER CO company info

CIK 107815
IRS Number 390476280
State of incorporation WI
Business address 231 W MICHIGAN ST
PO BOX 2046
MILWAUKEE
WI
53290-0001
Mail address 231 W MICHIGAN ST
PO BOX 2046
MILWAUKEE
WI
53201

Short summary

WISCONSIN ELECTRIC POWER CO is a Wisconsin company, with head office located at 231 W Michigan St Milwaukee, Wisconsin 53290-0001. The company achieved a record breaking net income in 2014 - 377.90 million USD. In 2018 the company owned a total of 13.44 billion USD worth of assets, including 873.70 million USD worth of current assets and 12.57 billion USD worth of non-current assets. The company amassed the most assets last year, totalling up to 13.44 billion USD.

WISCONSIN ELECTRIC POWER CO Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 1,436.401,660.701,3991,292.101,286.401,262.10
Operating Income (Loss) 468.90489.20473.60583.30605.90650.40648.90629.50632.10402.50
Interest expense 100.30101.5094.20113.20121.40116.50119117.60117.30120.10
Other Nonoperating Income (Expense) 25.8039.8062.1032.3017.408.7011.209.1013.2020.20
Income Tax Expense (Benefit) 157.70164.80156.80192.70200.90222.60212211191.20-56.90
Net income 288.60315.40339.60367.30361.20377.90376.90365.50336.80359.50

WISCONSIN ELECTRIC POWER CO Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 28.409.909.701219.8019.1011.208.501.601.104.60
Accounts Receivable, Net, Current 262.50244.40257.40293.10255.10461.40503.20513.80472.30
Deferred income taxes 38.2052.80145.8086.50
Collateral Already Posted, Aggregate Fair Value 5.302.200.204.40
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 2,899.203,039.403,182.803,339.803,501.503,539.703,651.803,377.904,385.20
Other Assets, Noncurrent 155.70148.10144.10158.20158.2094.4083.60111.10108.10
Total assets 11,020.2011,81512,117.8012,160.3012,721.8013,149.9013,006.5013,310.5013,442.80
Current assets 1,023.201,074.20994.10887.30951.80976.30949.50941.30873.70
Non-current assets 12,11712,05712,369.2012,569.10
Accounts payable 261.50229.50222.20236.80276.90251.60282237.10181
Taxes Payable, Current 21.6073.8080.40
Total current liabilities 825.901,212.801,014.10795.101,037.10741.10914.601,028.40997.70
Long-term Debt, Excluding Current Maturities 1,971.701,968.602,166.202,414.602,414.602,6602,411.202,413.402,460.10
Long-term Debt 2,2872,5372,4872,4372,658.802,661.102,412.302,459.60
Deferred income taxes 1,420.201,689.301,817.402,002.902,2292,170.201,190.401,292.40
Common Stock, Value, Issued 3,147.503,287.203,386.503,4113,495.80332.90332.90332.90332.90
Retained Earnings (Accumulated Deficit) 1,803.501,902.302,088.802,108.802,095.502,201.402,209.802,326.902,261.30

WISCONSIN ELECTRIC POWER CO Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 288.60315.40339.60367.30361.20377.90376.90365.50336.80359.50
Depreciation and amortization 265.10216.20220.30257.60230.60278.30304325.40
Depreciation and amortization 272.50224.20223.60263.60288.30302.60323.70325.40331.60348.10
Depreciation and amortization 216.20220.30257.60230.60278.30304325.40331.60348.10
Deferred Income Tax Expense (Benefit) 72.90269195.20194.70192.50180207.30110.600.10
Accounts receivable -51.20449-64.30137-91
Inventories 250.30-2.60-7-31.2039.50-18.80-30.60-20.30-9.30
Accounts payable -64.402341.4041.40-29.4018.20-5.9031.3045.8013.20
Net Cash Provided by (Used in) Operating Activities 226.60425.20543.90807862.60862.80
Payments to Acquire Property, Plant, and Equipment 706.60575.80538.90561.80519.20469.50596.10603.20
Payments to Acquire Productive Assets 481.10617.30706.60575.80506.90540.90
Net Cash Provided by (Used in) Investing Activities -333.60-470.80-762.10-605.60-560.10-567.50
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -560.10-567.50-520.20-436.80-568.20-640.40
Proceeds from Issuance of Long-term Debt 250030025025025050000300
Payments of Ordinary Dividends, Common Stock 179.60179.60239.60179.60340390240455
Net Cash Provided by (Used in) Financing Activities 96.9050.60207.60-180-311.50-296.40
Cash and Cash Equivalents, Period Increase (Decrease) -10.105-10.6021.40-9-1.103.10-11.70-3.107.90