XML 32 R10.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Income - HECO - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues $ 617,395 $ 646,055 $ 566,244 $ 550,960 $ 624,032 $ 717,176 $ 623,912 $ 637,862 $ 2,380,654 $ 2,602,982 $ 3,239,542
Expenses                      
Total expenses                 2,032,479 2,280,429 2,906,942
Operating income 88,427 105,442 85,455 68,851 83,222 97,095 72,730 69,506 348,175 322,553 332,600
Allowance for equity funds used during construction                 8,325 6,928 6,771
Allowance for borrowed funds used during construction                 3,144 2,457 2,579
Income before income taxes                 373,841 254,788 265,598
Income taxes                 123,695 93,021 95,579
Net income 45,107 127,613 44,601 32,825 42,793 51,144 35,491 32,339 250,146 161,767 170,019
Preferred stock dividends of subsidiaries                 1,890 1,890 1,890
Net income for common stock 44,634 127,142 44,128 32,352 42,320 50,673 35,018 31,866 248,256 159,877 168,129
Hawaiian Electric Company, Inc. and Subsidiaries                      
Revenues 544,668 572,253 495,395 482,052 555,434 648,127 558,163 573,442 2,094,368 2,335,166 2,987,323
Expenses                      
Fuel oil                 454,704 654,600 1,131,685
Purchased power                 562,740 594,096 722,008
Other operation and maintenance                 405,533 413,089 410,612
Depreciation                 187,061 177,380 166,387
Taxes, other than income taxes                 199,862 221,885 280,863
Total expenses                 1,809,900 2,061,050 2,711,555
Operating income 68,644 89,812 70,686 55,326 67,662 82,657 66,161 57,636 284,468 274,116 275,768
Allowance for equity funds used during construction                 8,325 6,928 6,771
Interest expense and other charges, net                 (66,824) (66,370) (64,757)
Allowance for borrowed funds used during construction                 3,144 2,457 2,579
Income before income taxes                 229,113 217,131 220,361
Income taxes                 84,801 79,422 80,725
Net income 34,618 47,472 36,356 25,866 33,492 43,504 33,340 27,373 144,312 137,709 139,636
Preferred stock dividends of subsidiaries                 915 915 915
Net income attributable to Hawaiian Electric                 143,397 136,794 138,721
Preferred stock dividends of Hawaiian Electric                 1,080 1,080 1,080
Net income for common stock $ 34,119 $ 46,974 $ 35,857 $ 25,367 $ 32,993 $ 43,006 $ 32,841 $ 26,874 $ 142,317 $ 135,714 $ 137,641