Attached files

file filename
10-K - FORM 10-K - HAWAIIAN ELECTRIC CO INCd10k.htm
EX-21 - SUBSIDIARIES OF HEI - HAWAIIAN ELECTRIC CO INCdex21.htm
EX-11 - HEI COMPUTATION OF EARNINGS PER SHARE OF COMMON STOCK - HAWAIIAN ELECTRIC CO INCdex11.htm
EX-12 - HEI COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - HAWAIIAN ELECTRIC CO INCdex12.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - HAWAIIAN ELECTRIC CO INCdex231.htm
EX-31.2 - HEI SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex312.htm
EX-32.4 - HECO SECTION 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex324.htm
EX-12 - HECO COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - HAWAIIAN ELECTRIC CO INCdex121.htm
EX-4.6(P) - FIFTEENTH AMENDMENT TO TRUST AGREEMENT - HAWAIIAN ELECTRIC CO INCdex46p.htm
EX-31.1 - HEI SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex311.htm
EX-32.2 - HEI SECTION 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex322.htm
EX-32.3 - HECO SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex323.htm
EX-31.3 - HECO SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex313.htm
EX-32.1 - HEI SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex321.htm
EX-23.2 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - HAWAIIAN ELECTRIC CO INCdex232.htm
EX-31.4 - HECO SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex314.htm
EX-21 - SUBSIDIARIES OF HECO - HAWAIIAN ELECTRIC CO INCdex211.htm
EX-10.18 - RELEASE, TRANSITION AND CONSULTING AGREEMENT - HAWAIIAN ELECTRIC CO INCdex1018.htm
EX-10.10(C) - HEI EXCESS PAY PLAN - HAWAIIAN ELECTRIC CO INCdex1010c.htm
EX-10.17 - SEPARATION AGREEMENT - HAWAIIAN ELECTRIC CO INCdex1017.htm
EX-10.7(C) - SECOND AMENDMENT TO LOW SULFUR FUEL OIL SUPPLY CONTRACT - HAWAIIAN ELECTRIC CO INCdex107c.htm

HECO Exhibit 99.1

Hawaiian Electric Company, Inc.

RECONCILIATION OF ELECTRIC UTILITY OPERATING

INCOME PER HEI AND HECO CONSOLIDATED

STATEMENTS OF INCOME

 

Years ended December 31

   2009     2008     2007  

(in thousands)

      

Operating income from regulated and nonregulated activities before income taxes (per HEI Consolidated Statements of Income)

   $ 169,671      $ 191,359      $ 130,585   

Deduct:

      

Income taxes on regulated activities

     (48,212     (56,307     (34,126

Revenues from nonregulated activities

     (8,337     (6,711     (9,356

Add:

      

Expenses from nonregulated activities

     1,286        1,596        13,172   
                        

Operating income from regulated activities after income taxes (per HECO Consolidated Statements of Income)

   $ 114,408      $ 129,937      $ 100,275