Hawaiian Electric Industries, Inc. and subsidiaries

and Hawaiian Electric Company, Inc. and subsidiaries

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

Years ended December 31, 2013, 2012 and 2011



Col. A	Col. B		Col. C						Col. D			Col. E
(in thousands)			Additions
Description	Balance at begin- ning of period		Charged to costs and expenses		Charged to other accounts				Deductions			Balance at end of period
2013
Allowance for uncollectible accounts – electric utility	$	2,148	$	3,812	$	1,943		(a)	$	5,574	(b)	$	2,329
Allowance for uncollectible interest – bank	$	3,166	$	—	$	—			$	1,505		$	1,661
Allowance for losses for loans receivable – bank	$	41,985	$	1,507	$	4,826		(a)	$	8,202	(b)	$	40,116
Allowance for mortgage-servicing assets – bank	$	498	$	—	$	(60	)	(a)	$	187		$	251
Deferred tax valuation allowance – HEI	$	278	$	—	$	—			$	—		$	278
2012
Allowance for uncollectible accounts – electric utility	$	2,221	$	3,230	$	1,180		(a)	$	4,483	(b)	$	2,148
Allowance for uncollectible interest – bank	$	4,825	$	—	$	—			$	1,659		$	3,166
Allowance for losses for loans receivable – bank	$	37,906	$	12,883	$	4,026		(a)	$	12,830	(b)	$	41,985
Allowance for mortgage-servicing assets – bank	$	175	$	504	$	—			$	181		$	498
Deferred tax valuation allowance – HEI	$	278	$	—	$	—			$	—		$	278
2011
Allowance for uncollectible accounts – electric utility	$	1,278	$	4,419	$	1,857		(a)	$	5,333	(b)	$	2,221
Allowance for uncollectible interest – bank	$	4,397	$	—	$	428			$	—		$	4,825
Allowance for losses for loans receivable – bank	$	40,646	$	15,009	$	1,741		(a)	$	19,490	(b)	$	37,906
Allowance for mortgage-servicing assets – bank	$	128	$	121	$	—			$	74		$	175
Deferred tax valuation allowance – HEI	$	—	$	278	$	—			$	—		$	278


(a)	Primarily recoveries.


(b)	Bad debts charged off.

The Company has revised its previously issued "Schedule II - Valuation and Qualifying Accounts" to correct for an error that resulted from the exclusion of the following line items: (a) Allowance for mortgage servicing assets - bank and (b) Deferred tax valuation allowance - HEI. The amounts excluded from the schedule were not considered to be material to previously issued financial statement schedules and the revisions to the schedule had no impact on the Company's Consolidated Balance Sheets, Consolidated Statements of Income or Consolidated Statements of Cash Flows.