ML20082N562

FERC Form 1:Annual Rept of Major Electric Utils,Licensees & Others

ML20082N562
Person / Time
Site:	Seabrook
Issue date:	12/31/1990
From:	Marwick P FEDERAL ENERGY REGULATORY COMMISSION
To:
Shared Package
ML20082N499	List: ML20082N494 ML20082N501 ML20082N504 ML20082N517 ML20082N524 ML20082N528 ML20082N532 ML20082N543 ML20082N562
References
NUDOCS 9109090240
Download: ML20082N562 (185)

Text

s Check appropriate t>ox: l Form Approved OMD No.1902-0021 1] Original signed form (Expires 9/30/91)

X Conformed copy

,~.e, spancz/ q0 v

FERC Form No.1:

ANNUAL REPORT OF MAJOR ELECTRIC UTILITIES, LICENSEES AND OTHERS Qc "This report is mandatory under the Federal Power Act, Sectioris 3, <{a). 304 and 309, and 18 CFRt41.1. Failure to report may ret. ult in criminal fines, civil penalties and other sanctions as provided by law. The Federal Energy Regulatory Commis-sion does not consider this report to be of a confidentiai nature.

The pubhc reporting burden for this information collection is estimated to average 1,215 hours0.00249 days <br />0.0597 hours <br />3.554894e-4 weeks <br />8.18075e-5 months <br /> per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data neede0, and completing and reviewing the collection of information Send comments regardir.g this burden estimate or any other aspect of this information collection including suggestions for reducing the burden to the Energy information Administration Office of Statistical Standards, El 73, Mail Station: 2F 081 Forrestal Building,1000 Independence Avenue, S W., Washington, D C. 20585' end to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, D C. 20503.

~

Exact Legal Name r>f Respondent (Company) Year of Report PUBLIC SERY1CE COMPANY OF NEW HAMPSillRl: Dec.31,19 90 m 4. m, m, R nootg 97,g5[]4 ;

m FERC FORM NO.1 (ED.12 90) ,

Indeoendent Auditora* Repg t i

O The Board of Directors l

Public Service Company of New Hampshire:  ;

i Ve have audited the balance sheets. regulatory basis of Public Service Company '

of New Hampshire as of December 31, 1990 and 1989, the related statements of income regulatcry basis for the years then enJed, and the statements of retained earnings regulatory basis and cash flows. regulatory basis for the l' year ended December 31, 1990, included on pages 110 through 123 of the accompanying Federal Energy Regulatory Commission Form 1. These financial ,

statements are the responsibility of tha Company's management. Our responsibility is to express an opinion on these financial statements based on ,

our audits. I Ve conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable se mrance about whether the financial statements are free of i material misstatement *

..i audit includes examining, on a test basis, evidence ,

syporting the amu a.4 and disclosures in the financial statements. An audit also includes assesning the accounttis principles used and significant j estimates made by rnana gement , as well as evaluating the overall financial r statement presentation. Ve believe that our audits provide a reasonable basis i for our opinion.

{

These financial statements were prepared in accordance with the accounting ,

requirements of the Federal Energy Re6ulatory Commission as set forth in its '

O applicable Uniform System of Accounts and published accounting releases, which is a comprehensive basis of accounting other than generally secepted l

accounting principles.  ?

In our opinion, the financial statements referred to above present fairly, in i all material respecta, the finar.cial position of Public Service Company of New Hamoshire as of December 31, 1990 and 1989, the results of its operations for [

th years then ended, and its cash flows for the year ended December 31, 1990, t in accordance with the accounting requirements of the Federal Energy -

Regulatory Coenission as set forth in its applicable Uniform System of i Accounts a0d published accounting releases.  ;

t During 1987 and 1988, the Company recorded certain adj us tments necessary to '

present its financial statements in conformity with generally accepted i accounting principles. These adjustments were not recognized in the Company's i Form 1 for 1987 or its Form 1 for 1988. As described in Note 1, in 1990 the  !

Company received permission from TERC to record, in 1989, the adjus tments '

necessary to conform amounts in its regulatory accounts with amounts presented in its general purpose financial statements. The net adj us tment required is j reflected as ar extraordinary item of $730.8 million in the company's 1989 statement of income regulatory basis. .

This report is intended solely for the information and use of the Board of Directors and management of Public Service Company of New Hampshire and for filing with the Federal Energy Regulatory Commission and should not be used  !

for any other purposes. '

O, fsr,'% l)id /f,asvd .

KPMG Peat Marwick l t

February 4. 1991  ;

e

?

-. -.2

_....__a . . . .

l lNSTRUCTIONS FOR FILING THE  !

FERC FORM ND,1 i OENERAL INFORMADON I O i. rerne -

This form is a regulatory support requirement (18 CFR 141.1). ft is designed to collect financial and operational information from major electric utilit6es, licensees and others subject to the jurisdiction of the Federal Energy Regulatory Cornmission. This report is also secondarity considered to be a non-  ;

confidential public use form supporting a statistical publication (Financial Statistic $ of Selected Electric Utilltios), published by the Energy information Administration, ll. Who Must Submit

{

Each Major electric utility, licensee, or other, as classified in the Commission's Uniform System of Ac-  ;

counts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power y Act (18 CFR 101) must submit this form. i Note: Major means having,in each of the three previous calendar years, sales or transmission service j thot exceeds one of the following: j (1) One million megawatt hours of total annual sales,  !

(2) 100 rnegawatt hours of annual sales for resale, -

- (3) 500 megawatt hours of annual gross it torchange out.

(4) 500 megawatt hours of wheeling for others (deliveries plus losses).  ;

lit. What and Where to Submtt f

(a) Submit an original and six (6) copies of this form to: -[

Office of the Secretary )

Federal Energy Regulatory Commission i 825 North Capitol Street, N.E. l Room 3110 s'

- Washington, D.C. 20426 Retain one copy of this report for your files, j O (b) Submit immediately upon publication, four (4) copies of the latest annual report to stockholders and any annual financial or statistical report regularly popared and distributed to bondholders, secut-i

[

lty analysts, or industry associations. (Do not include monthly and quarterly reports. Ind!cate by .

checking the appropriate box on Page 4. Ust of Schedules, if the reports to stockholders will be (

submitted or if no annual report to stockholders is prepared.) Mall these reports to: [

Chlef Accountant  ?

Federal Energy Regulatory Commission L 825 N. Capitol St., N.E. )

Room 946 '

Washington, D.C. 20426 [

(c) For the CPA certification, submit with the original submission, or within 30 days after the filing date for this form, a letter or report: [

(i) Attesting to the conformity, in all material aspects, of the below listed (schedules and) pages with j the Commission's applicable Unitorm Systems of Accounts (including applicable notes relating i thereto and the chief accountant's published accounting releases), and  ;

(ii) Signed by independent certified public accountants or an independent licensed public accoun. [

tant, certified or licensed by a regulatory authority of a State or other political subdivision of 3 the U.S. (See 18 CFR 41.10-41.12 for specific qualifications.)  !

Reference -!

Schedules Pages

(

Comparative t$alance Sheet 110 113 [

Statement of income 114-117 )

Statement of Retained Eamings 118-119 i Statement of Cash Flows 120 121  !

Notes to Financial Statements 122 123 j

! When accompanying this form, insert the letter or report immediately following the cover sheet. When f l submitting after the filing date for this ferm, send the letter or report to the Chief Accountant at the i i

address indicated at lli (b).

1: l i

FERC FORM NO.1 (ED.12 90)- PagoI  !

I f

GENERAL INFORMAllON (Continued) til, What and Where to Submit (Cont.nued)

(c) Continued Use the following form for the letter or report unless unusual circumstances or conditions, explained in the letter or report, demand that 11 be varied, insert parenthetical phrases only when exceptions are reported, in connection with our regular examination of the financial statement of for the year ended on which we have reported separately under date of we have also reviewed schedules of FERC Form No.1 for the year filed with the Federal Energy Regulatory Commission, for conformity in all materlat respects with the requirements of the Federal Energy Regulatory Commission its set forth in its ap-plicable Uniform System of Accounts and pubitshed accounting releases, our review for this purpose included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.

Based oq our review, in our opinion the accompanying schedules identified in the preceding paragraph (except as noted below) conform in all material respects with the accounting requirements of the Federal Energy Regulatory Commission as set forth in its applicable Uniform System of Accounts and published accounting releases.

State in the letter or report, which, if any, of the pages above do not conform to the Commission's requirements. Describe the discrepancies that exist.

(d) Federal, State and Local Governments and other authorized users may obtain additional blank cop!es to meet their requirements free of charge from:

U.S. Department of Energy National Energy information Center Energy information Administration Washington, D.C. 20585 (202) 586-8800 IV. When to Submit:

Submh this report form on or before April 30th of the year following the year covered by this report.

GENERAL INSTRUCTIONS

1. Prepare this report in conformity with the Uniform System of Accounts (18 CFR 101)(U.S. of A.). Interpret all accounting words and phrases in accordance with the U.S. of A.

II, Enter in whole numbers (dol:ars or MWH) only, except where otherwise noted. (Enter cents for averages and figures por unit where cents are important. The truncating of cents is allowed except on the four basic financial statements where rounding is required.) The amounts shown on all supporting pages must agree with the Mmounts entered on the statements that they suppo#t. When applying thresholds to determine significance for reporting purposes, use for balance sheet accounts the balances at the end of the current reporting ye6r, and use for statement of income income accounts the cunt,it years amounts.

Ill, Complete each question fully and accura:ely, even if it has been answered in a previous annual report.

Enter the word "None" where it truly and completely states the fact.

IV. For any page(s) that is not applicatMe to the respondent, either (a) Enter the words " Net Applicable" on the particular page(s), or (b) Omit the page(s) and enter "NA," "NONE," or "Not Applicable" in column (d) on the Ust of Schedules, pages 2,3, and 4.

! V, Complete this report by means which resurt in a permanent record. Complete the original copy in perma-nent black mk or typewriter print, if practical. The copies, however, may be carbon copies or other similar $

means of reproduction provided the impressions are clear and readable.

FERC FORM NO,1 (ED.12 89) Pago il

01NERAL INSTRUCTIONS (Continued) [ ((

VI. Entet the month, day, and year for all dates. Use customary abbreviations. '5 Da 21 %" at tw ,

top of each page is applicable only to resubmissions (see Vill. below).

Vll. Indicate negative amounts (such as decreases) by enclosing the fin M .i p* xe - t Vllt. When making revisions, resubmit only those pages that have been cmqn' 'tw. iN C af M .ilssion.

Submit the same number of copies as required for filing the form. Incl @ ;Q Qp ssuomiss.on the iden-tification and Attestation page, page 1. Mail dated resubmissions to' Chief Accountant Federal Energy Regulatory Commission 825 North Capitol Street, N.E.

Room 946 Washington, D.C 20426 IX. Provide a supplemental statement further explaining accounts or pages as necessary. Attach the sup-plemcntal statement (8% by 11 inch size) to the page being supplemented. Provide the appropriate iden-tification information, including the title (s) of the pape and the page number supplemented.

X. Do not make references to reports of previous years or to other reports in lieu of required entries, except as specifically authorized.

XI. Wherever (schedule) pages refer to figures from a previous year, the figures reported must be based upon those shown by the annual report of the previous year, or an appropriate explanation given as to why the different figures were used, Xil. Respondents may submit computer printed schedules (reduced to 8% by 11)instead of the preprinted schedules !! they are in substantially the same format.

DEFINITIONS

1. Commission Authorization (Comm. Auth.)--The authorizathn of the Federal Energy Regulatory Commis.

sion, or any other Commission. Name the commission whose authorization was obtalried and give date of the authorization.

11. Respondent-The person, corporation, licensee, agency, authority, or other legal entity or instrumentality in whose behalf the report is made.

EXCERPTS FROM THE LAW Federal Power Act,16 U.S.C. 791a 825r)

"Sec. 3, The words defined in this section shall have the following meanings for purposes of this Act, to wit:

. . .(3) ' corporation' means any corporation, joint stock company, partnerbhip, association, business trust, organized group of persons, whether incorporated or not, or a receiver or receivers, trustee or trustees of any of the foregoing, it shall not include ' municipalities' as hereinafter defined; (4) ' person' means an indiviou f or a corporation; (5) ' licensee' means any person, State, or municipahty licensed under the provisions of section 4 of this Act, and any assignee or successor in interest thereof; (7) ' municipality' means a city, county, irrigation district, drainage district, or other political subdivision or agency of a State competent under the laws thereof to carry on the business of developing, transmitting, utiliz-ing, er distributing power;. . . ."

(11) ' project' means a complete unit of improvement or development, consisting of a power houso, all water condults, all dams and appurtenant works and structures (including navigation structures) which are a part of said unit, and all stotage, diverting, or forebay reservoirs directly connected therewith, the primary line or lines transmitting power therefrom to the polat of junction with the distribution system or with the interconnected primary e transmission system, all miscellaneous structures used and useful in connection with said unit or any part thereof, and all water rights, rights of way, ditches, dams, reservoirs, lands, or interest in lands the use and occupancy of which are necessary or appropriate in the maintenance and operation of such unit; FERC FORM NO.1 (ED.12 89) Pago lii

ggnPTS FROM TlilLUQy,Kqn1Lrmed)

"Sec. 4. The Commission is hereby authorized and empowered-(a) To make Investigations and to collect and record data concerning the utilizat6on of the water resources of any region to be developed, the water-power industry and its relation to other industnes and to interstate or foreign commerce, and concerning the location, capacity, development costs, and relation to rnarkets of power 5,tes . ,to the estent the Commission may deem necessary or useful for the purposes of this Act."

"Sec. 304. (a) Every licensee and every pubhc utihty shall file with the Commission such annual and other periodic or special reports as the Commission may be rules and regulations or other prescribe as necessary or appropriate to assist the Commission in the proper administration of this Act. The Commission may prescribe the manner end form in which such reports shall be made, and require from such persons specific answers to all questions upon which the Commission may need information. The Commission may require that such reports shallinclude, among other things, full information as to assets and habihties, capitahlation, net inves' ment, and reduction thereof, gross receipts, interest due and paid, depreciation, and other reserves, cost of project and other facihties, cost of maintenance and operation of the project and other facihties, cost of renewals and replacement of the project works and other facihties, depreciation, generation, transmission, distribution, dehvery, use, and sale of clectric energy The Commission may require any such person to make adequate provision for currently determining such costs and other facts. Such reports shall be made under oath unless the Commission otherwise specifiet,"

"Sec. 309. The Commission shalllasve power to perform any and all acts, and to prescribe, issue, make, amenra and rescind such orders, rules and regulations as it may find necessary or appropriate to carry out the provisions of this Act. Among other things, such rules and regulations may define accounting, technical, and trade terms used in this Act; and may presenbe the form or forms of alt statements, declarations, apphcations, and reports to be filed with the Commission, the information which they shall contain, and the time within which they shall be filed.

GENERAL PENAL. TIES "Sec. 315, (a) Any licensee or public utihty which willfully f ails, within the time prescribed by the Commission, to comply with any order of the Commission, to file any report requ;ted under this Act or any ru!o or regulation of the Commission thereunder, to submit any information or document required by the Commission in the course of an investigation conducted under this Act, .shall forfeit to the United States an amount not exceeding $1,000 to be fixed by the Commission after notice and opportunity for heanng -

O FERC FORM NO.1 (ED.12 89) Pagelv

fitC fDem NO. It AhwuAt etPool Of MAJOR fitCitlC Vittillit, Litthilf t AND OTHill IDthilflCAtl0W l l j................................................................................................................;

l01 taaet teget home of tespandent l02 Year of teport l 1 I I l PJalle Serelce C(ngeny of kew Norgehlte l Dec. 31, 1990 l .

j...............................................................................................................l l t

l03 Previove home and Oste of Change (If ruime changed & ring year) l l 1 l l

l................................................................................................................) i l04 AMress of Prinelpel business Of fice et (M of teor ($treet, City, State, Zip Code) l [

f I  !

l l 1000 tia Street, PO toa 330, Manchester, hew hmgehire 03105 l ,

j................................................................................................................l l05 Wome of Contact Person l06 title of Contact Perem l 4 I I i l l Ste$en P. $t. Cyr l Acco mting manager l  ;

i..............................................................................................................l i l 07 Ad: tress of Contact Person ($treet City, State, Ilp Ccuie) l 1 1 I 1000 Elm Street, P0 goa 330, Monthester, hew Ne w hite 03105 '

l l l..............................................................................................................l  ;

l08 Telephone of Contact Persce, inctuf ttw l09 This Report is l 10 Date of Report l l Area Code l l l l (603) 634 2414 l (1) An ofIgirsal l Dec. 31, 1990 l [

j...............................................................................................................l l Alft$1A110W l g...........................................................................................................l l the uMersigned of ficer certifies that he/she has enemired the acccrgenying report; that to the test of l l his/her knowledge, informatite, e'vf tellef, ett statements of f act contaired in the acccevanying rep 3rt l }

l are true and the accortenying report is e enrrect statenert of the buelness eM of felts of the eteve named j

l respordent in respect to each and every matte

• set forth therein Wring the period f rca and including l l January 1 to and including Oneder 31 of the year of the report. l j...........................................................................................................)

l01 home l 03 Signature ,l04 Date signed (Mo, Os, Yr) l 1 1 I i l Bruce W. Wiggett l 4

jlA j l j.................................................p g# , 3/ March 26, 1991 l f l02 Title lj p l r

I I I I l Ccertroller, f ressurer and secretary l l l ,

[................................................................................................................l  ;

j title 18, U.S.C.1001, makes it a crime for any person knwingly and willingly to aske to any Agency or l ,

j Department of the United $tetes any false, fictillous or f reu&lent statenu'nts as to any metter within its l l l jurisdiction, l  :

1 I

n

/ ,

f J

Page i f

t I

- - , , . , - - - - .,n -u , . - - , e .. - - ,n-, - . . .c, , ~ r .--,

PCLit $ttvitt CCWAWT Of etW r. AMP 5sitt Dec. 31,1990 An originet l Lilt of SCNIDULES (itectric utility) l l.............................................................. ......................................................,

l Int:r in colose (d) the terma 'none", 'not arplicable , ora 8648, as orperpriee, where no inf oreetion or anotsats have l l teen retorted f or certeln geges. Cult geges where the resmwists are *rnwie", "not applicable *, or *kA*. l l............................................................. ....................l l l Reference l Date l l l Title of Schedste l Pape Wo. l Revised l temarks l l (a) l (b) l (c) l (d) l j..................................................................................................................l l Clutt AL CC*PCE Af t th8Df mai!ON AND Flh ANCI AL ST Af tME Nil l l l l l t I I l lCeneretInfore.ation..................... .......l Int l Ed 12 87 l l l Cont r o l Ove r t e s mwdent . . . . . . . . . . . . . . . . . . . . . . . . . . l 102 l (d 12 87 l hone l l Corporations Controt ted by tesmMent . . . . . . ............l 103 10.!b l (d 12 87 l l l 0 f f i c e 's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 104 j (d 12 81 l l l Directors . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . .l 105 l E c' $281 l l l$ecur i t y Holders a d vot ing Powers. . . . . . . . . . . . . . . . . , . . . ) 106 l Ed 12 87 l l lInportantChangesDuringtheYear. . . ............. ....[ 108 109 l (d 12 90 l l l torgr a t i ve B e t anc e Sheet . . . . . . . . . . . . . . . . . . . . . . . ..l 110 113 l Ed 12 89 l l lltitement of incorne f or the Year . . . ................ .l 114 117 l id 12 89 l l l S t a t enent o f Cash f l ows . . . . . . . . . . . . . . . . . . . . . . . . .l 118 119 l Ed 12 89 l l lltetement of Changes in Financlel Position . . . . . ...........l 120 121 j Ed 12 89 l l l N ot:s t o F i nanc i a l S t a t ement s . . . . . . . . . . . . . . . . . . . . . . . l 122 123 l (d 12 89 l l l 1 i i I l BAL Aht! SNtti SU8'POAtlhG $CHt0VLt$ ( Assets and Other Debits) l l l l l l l 1 l l$umery of Utility Plant ard Acetrulated Provisicess for Depreciation, j l l l l Amor t i t e t t on, ard Depl e t i on . . . . . . . . . . . . . . . . . . . . . . . l 200 l (d 12 89 l l lNucic:t Fuel M9terials. . . . . . . . . . . . . . . . . . . . . . . . . . .l 202 203a l (d 12 89 l l lttectricPlant in $ervice . . . . . . . . . . . . . . . . . . . .....) 204 207b l (d 12 88 l l l Electric Plant leased to Others . . . . . . . . . . . . . . . . .....l 213 l Ed 12 89 l N orm l lttertricPlantheldforfutureUse . . ..................) 214 l [d 12 89 l l l Cons t ruc t i on Wor k i n Pr og. es s E l ec t r i c . . . . . . . . . . . . . . . . . . l 216 l Ed 12 8F l l l Cons t ruc t i on Overheads E lec t r ic . . . . . . . . . . . . . . . . . . . . . l 217 l (d 12 89 l l lL'eneret Description of Constructic.n Overhead Procedtare. . . . .

.....l 21e ] (d 12 88 l l l Acetrulated Provision for Deprecletion of tiectric Utility Plant. .....l 219 l Ed 12 88 l l ponut i l i t y F r ote r t y . . . . . . . . . . . . . . . . . . . ........) 221 l (d 12 87 l l

! llrrestemnte in $ ssidiary Corpanies . . . . . . . .

..........l 224-225 l (d 12 89 l l l Mat rials and 5 @ pties. . . . . . . . . . . . . . . . . . . . . . . . . . .l 227 l Id 12+89 l l l t s t rcord i nary P roper t y L oss es . . . . . . . . . . . . . . . . . . . . . . . l 230 l Ed 12 88 l mone l lUnr:covved Plant and Regul a t ory $ t tsty Cos t s. . . . . . . . . . . . . . . . l 230 l Ed 12 88 l mone l

[ placellaneous Def erred Debi t s . . . . . . . . . . . . . . . . . . ....l 233 l (d 12 89 l l l Acetsnutated Def erred Inccane lanes ( Account 190) . .. ......... .l 234 l Id 12 88 l Wone l I l l 1 l l l BA'. Art $HEET $UPPOE1!kG $CHEDutt5 (Llabilities ard Other Credits) l l l l I l l l 1 l l C ap i t & L 5 t oc k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .l 250 251 l Ed 12 90 l l lCapitet Stock Shneribed, Capitat stod Liability for Conversion, Premitsu l l l l l on Capital Stod, ard Installments neceived on Capital stock. , , . . .l 252 252a l Ed 12 87 l l lOth;rPald-inCapital........................ . .l 253 l Ed 12 87 l l lD i cc ount on Capi t e t S t oc k . . . . . . . . . . . . . . . . . . . . , . . . 1 254 l (d 12 87 l hone l l C epi t e t S t oc k t a pens e . . . . . . . . . . . . . . . . . . . . . . . . . . . l 254 l [d 12 86 l Wane l lLong Ters Debt. . . . . . . . ......................l 256 257b l [d 12 90 l l Page 2

_ . - _ _ __ m _ . .

PClit $tRVICL CCMrAnf Of Nf W kAMrsslet Dec. 31, 1990 An Original l Lllt of $CMtDULfl (flectric Utttity) (Conttrued) l O. j..........................................................................................................................l tef erenc e Date i l l l l l l title of Sche &te l Page he. l Revised l temarks l tb) (c) (d) l (a) l l l l l..........................................................................................................................l l BALANCt $ Nit! $UPPORilWQ SCHEDUltl (Llabilities and Other l l l l l Credits) (Cont trued) l l l l I l l l l lteconcillation of Reported het Ircome with tenable income for f ederal l l l l ;

l I nc cee f a s e s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 261 261a l (d 12 88 l l lteses Accrued, Prepaid and Charged During f eer. . . . . . . . . . . . . . . l 262 263 l (d 12 90 l l l Acceleted Def erred investment iss Credits . . . . . . . . . . . . . . . .l 266 267 l (d 12 89 l l l0therDeferredCredits...........................l 269 l Ed 12 68 l l l Accateted Deferred incou f aaes.. Accelerated Amortlietion Property. ...l 272 273 l Ed 12 89 l l ,

l Accmuteted Def erred inccce f ames. Other Proretty . . . . . . . . . . . . .l 274 275 l Ed 12 89 l l .

l Ac cala t ed De f err ed inc eme f an es. Ot her . . . . . . . . . . . . . . . . . . l 276 277 l Ed 12 88 l l 1 I I I l l INCCNE ACCOUNT SUPPotilkG $CHEDutt6 l l l l  !

l l 1 l l lElectricOperatingtevenues........................l 300 301 l (d 12 90 l l  ;

l$eles of Electricity by tote Sche &les. . . . . . . . . .........] 304 l M 17-90 l l l$alesforResale..............................l 310 311 l Ed 12 88 l l  !

l t t ec t r i c opera t i on and Ma in* enanc e t apens es . . . . . . . . . . . . . . . . l 320 323 l Ed 12 88 l l lNater of tiect ric Departnent try!oyees . . . . . . . . . . . . . . . . . . l 323 l Ed 12 88 l l t l?urchased Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 326 327b l Rev 12 90 l l jfranr.c,Issionof(tectricityforothers............. .....l 328 330 l Rev 12 90 l l j f ransmi ss ion of t iec t r ic i t y by Others . . . . . . . . . . . . . . . . . . . l 332 332b l Bev 12 90 l l lMi scellaneous Gener al t apenses t iec t r ic . . . . . . . . . . . . . . . . . . l 335 335a l Ed 12 87 l l lDepreciationandAmortirationofElectricPlent..... .........] 336 337 l Ed 12 88 l l l Particulars Concerning Certeln income Deduction and Interest Charges l l l l ,

l Accomts. . . . . . . . . . . . .

...................l 34 0 l Ed 12 87 l l ,

j l l l l [

l CoHMu SECila l l l l I I I I I l t egul a t or y Comi s s i on E x pem es . . . . . . . . . . . . . . . . . . . . . . . l 350 351 l Ed 12 88 l l 3 ltesearch, Develocrnent aM Deronstration Activities. . . . . . . . . . . . .l 352 353 l Ed 12 87 l l lD istribution of Salar ies and Weges. . . . . . . . . . . . . . . . . . . . . l 354 355 l Ed 12 M l l J Ccamon Ut il i t y Plant and t apenses . . . . . . . . . . . . . . . . . . . . . l 356 l Ed 12 82 l Wone l l l l l l 1 l titCtRIC PLANT STAffsflCAL DATA l l l l l l l 1 I l( t ec t r i c Ene r gy Accomt . . . . . . . . . . . . . . . . . . . . . . . . . . l 401 l Rev 12 90 l l lMont h l y Peak s aruf Out put. . . . . . . . . . . . . . . . . . . . . . . . . l 401 l Rev 12 90 l l ,

l$teamtiectricGeneratingPlantstatistics(LergePlants). ........l 402 403a l Ed 12 89 l l

[Hydroelec'.ric Generating Plant Statistics (terge Plants). .........l 406 407 l Ed 12 89 l l i lPuved Storege Generating Plant Statistics (terge Plants) .........l 408 409 l td 12 88 l Were l  ;

joenerating Plant statistics (5 matt Plants). . . ..............l 410 411 l Ed 12 87 l l l

^

l 1 1 I I l i I I I e

Page 3

, - - -- - ,m-. , ,.,-e

POLIC ttRVitt C W AWY OF Cid MsMPsalat Dec. 31, 1970 An Original l Lilf of $CetDULf 5 (Electric Utility) (Cont f rued) l l......................................................................................................................l l l teference l Date l l l 11tle of Schedale l Page ko. l Revised l temarks l l (e) l (b) l (c) l (d) l l.......................................................................................................................l l ELECTRIC PLAki STAfilflCAL DATA (Contirued) l l l l l l l 1 I l transmission Line $tstistics. . . . . . . . . .......... ...l 422 423 l Ed 12 87 l l l T r ansmi ss ion L ine s Added Dur ing Yecr. . . . ...............l 424 4?S l Ed 12 84 l l l$ 4 stations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .] 426 427b l Ed 12 86 l l l( t ec t ric D i st r ib t i on Met ers and L i ne f rans f orpe r s. . . . . . . . . . . . . l 4?9 l Id 12 68 l l lE nvi rorrent e t P r o t ec t i on F ac i t l t i es . . . . . . . . . . . . . . . . . . . . l 430 l Ed 52 88 l l l tavi rorrent e t P r c t ec t i on E xpences . . . . . . . . . . . . . . . . . . . . l 431 l Ed 12 68 l l l F oo t ec t e D a t e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 450 l Ed 12 87 j l l $ t oc k ho l de r s ' R epor t s . . . . . . . . . . . . . . . . . . . . . . . . . . . l -

l 1 l 1 1 I I I I I I I I l [ ] f our copies will be sutnitted. l l l l l l 1 I I l [X) ho arvuol report to stockholders is prepared. l l l l l l i I I I I I I i l l l l l 1 1 I I I I I I I I I

I I

I I

I I

I i

I I I I I I l l l 1 I I I I i l i i l l I I I I I I I I I I I i l l I I I I I I I I I I I I I I I I I I I I I l l 1 I I I I I l 1 1 I I I I I I I I I I l l I l l 1 1 1 1 I I I I I I I I I I 1 1 I I I I I I 1 1 I I I I I I I I I I I l .............. ......... ................ . . . .. . .. .. .... ........ .. . . .... . .. . .. ...... .. ..........

1 O

P..e .

l

_ =_. . __ - . . _.- - . - _ _ _ .- .. . _ __ .

NGlc StevlC: C(MPAkt of ZIW twsMitt Osc. 31, 1990  ;

An Original  !

h

\

GthttAL lhfoenAfl0N l1. Provide name and title of of ficer having custody of the general corporate too6s of accutnt med aWress of of fice l lwhere the general corporate teoks are kept, ard nWress of of fice where any other corporaw teoks of accotnt are kept,l jlf dif ferent f rom that where the generet corprete teoks are kept. l 1 l l Bruce W. Wiggett, Ccuptroller, treasurer, Secretary l l l l l l Att corprete teoks are kept at: l l 1000 tim str eet, PO Boa 310, Manchester, hew Hamshire 03105 l  :

I I g.....................................................................................................................l l2. Provide the name of the State urder the laws t,f which respordent is incorporated, ard date of irrorporation. If l ,

ltrcorporated urder a spcial tow, give ref ereve to such law. If not incorporated, state that f act and give the tyTe l ,

lof organtastion tid the date organited. l h l I l Incorporated tider the general laws of the $ tete of new Mantshire l l on August 16, 1926. l ['

l I j.....................................................................................................................;

l3. If at any time during the year the property of respordent was held by a receiver or trustee, give (4) name of re. l lceiver or trustee, (b) date such receiver or trustee took possession, tc) the authority try which the receivership or l

• 5 l trusteeship was created, ard (d) date when possession by receiver or trustee ceased. l

! l  !

l hot Arplicable l [

l I I I  :

1 I .

I I t I l l l l l l......................................................................................................................l  :

j4.StatetheclassesofutilityandotherservicesfurnishedbyrespondentduringtheyearineachStateinwhichthel lrespordent operated. 1 I I l tiectric Service in hew Hangshire l t

I I t l l )

I i  :

I I I l  ;

I I I I  !

l I I I .

t l.................................................................................. .................................l j5. Have you engaged as the principal accotntant to audit your financlet statements an accocaitant who is not the prin- [

lcipal accountant for your previous year's certified finanelat statements? l ,

I i I ,

I I .

l(1) ! 1 Yts ...tnter the date when such independent accountant was initially engaged: . l l l '

l l (2) !x1 No l .

l l l  ;

Page 101 heat Page is 103

---..-.,---,--.c ,. ,----..,,.--n _,.. - - . . , ,,,,,,,---,--.---~w, ---,-s. - - - , - . . - . _ , . _ _ . , ,, - - - , , y . ------.----4 .

- 2 O

tutt FALE HAS 6114 IW1EWi t tyw AL LY Lift BLAhK O

O

l I

f M*LIC 5tivitt COMrAhV Of ktW MMPSNlt! Dec. 31,1990 l An Original CosM* A110hl ContkOLLtD 81 St EK*0th?

................................................................................................. ...................... l

1. Report tetow the names of at t corgerations. tustress 3. If control was held jointly with one or note other in- I trusts and similar organisations, controlled directly or terests, state the f act in a footnote ard name the other l irdirectly by respcrdent at any time O. sting the year. If interests.

cetrol ceased prior to erd of year, give particulars de- 4. If the ateve rewired inf orset ton is avellable f rom the tells in a footnote. SEC t0 t Report form filing, a trecific ref erence to the

2. If ccetrol was by other means then a dirett holding of report f orm (i.e. year ard twpany title) ney te listed in voting rights, state in a f ootnote the mamer in which con- coluvt (e) provided the fiscal years for Loth the 10 t re- ,

trol was held, naming any internedleries involved, port ard this report are ctrgetible. 1

........... l Offthifloal (

1. lee the Unifore $ystem of Accounts f or a definition of fectively control or direct actica) without the consent of I control. the other, as where the voting control is egaally divided >

2. Direct control is that which is enercised without In- tetween two hotoers or each party holds a veto grwer over tercosition of an intermediary. the other. Joint control may entst ty autuel agreenent or '

3. Irdirect controt is that which is esercised by the in- urderstanding tetween two or more parties who together I terposition of an interned 8ery which esercises direct con- have control within the meantrig of the definition control f trol. In the Uniform lystem of Acccm te, regardless of the rela' I tive voting rights of each party.

4. Joint control is that in which retther interest con ef-l l l tercent voting j footnote l l hane of Coppany Controlled l Kird of Business l S t oc k Owned l Bef. l l (a) l (b) l (c) l (d) l [

j.......................... ....... .. . .......... ... ... ... ... .. ... . .. .. . ............

..................l j l l I I I [

l Properties,Inc.

l Best f atate l 100 l l I I I I I l hew Waapshire (tectric Coppany l Inactive l 100 l l 1 1 I i l  :

I I I I l l 1 i l l I  !

! I I I i  !

I i l i I i I I I I I I i i l i l i l Seepages 103eand103bferJointownershipof l l l l (

l Generating Plants l l l l [

l l I I I l l I I i i  !

I I I I I i i l i I I f i l I I i I I I I I I f I I i l I  !

I I I I l I I I l l i l i I I I  !

I I I I I  :

I I I I I l I

I I I I I I I I I I i i i i i i l I i  !  ! I I  !

I I i 1 1

[

i Page 103 f

T i

e

.---. .n.,,--,,n-.w,,,-,.,--,,.-n--,nn.- ~e--,,__ ,,--w -._, w..-,,_.-, - , . - , . - , - . -n,,,'

NBLIC $levitt Cla#Akt Of stW NAmtleltt Dec. 31,1990 An Original CC*PC* Alltal CONTROLLED SY tt $Kapt hi (Cont irued) l l l Percent Voting l footnote l l kame of Ccrgany Controlled l Llrd of gusiness j St oc k (Newd l tef. l l (e) l (b) l (c) l (d) l l.....................................................................................................................l l 1 l The Resp:rdent is a joint owner in Unit ho. 4 at W.F. Vyman Statim, Vernuuth, metre ser an agreement ent 8tted l l **Uilline f. Vrien Unit ko. 4 Agreement f or Joint Cheership, Construction end Operation". Infornetton regotted l l b rein reflects resportient8s share of the investeent arsi c5= rating costs and Statistical date for the f acility. l l l l l l l l I n ackfi t i on t o R espordent 8 s r epor t i ng , wher e appropr i a t e, c ceses t t e da t e f or t he uni t i s te l ng r epor t ed t.y t he l l cureting ccreany, Centrol Maine Power Ccrgany, in its own remrt. l l l 1 l l The following are participants in the 619.25 Prd oll fired steam electric ger* rating unit t l l l 1 1 I I l Or+r ship l l .. .... ............... .....

l l Joint Owner 1 MJ l l l l Central Maire Power Ccegany 59.1547 366.32 l l hew Engtend Fowsr CcrTany 9.2695 $7.40 l l Sangor Hydro flectric Carvany 8.3333 51.60 l l 9oston idison Ccrpeny $.8881 36.46 l l Masserhusetts mmicipal Wholesale Electric Ccepany 3.6M8 22. 72 l l Maine Public Service Ccoveny 3.3155 20.72 l l Ptblic lervice Caryany of New hanpshire 3.1433 19.46 l l Mont t@ t lec t r ic Ccepany 1.9618 12.15 l l Central Vermont P Wllc Service Corporation 1.7769 11.00 l l Camonwealth Electric Ccogeny 1.4325 8.87 l l Green Mountain Power Corporation 1.143S 7.08 l l hewport Electric Corporation 0.6666 4.13 l l Fitchburg Gas ard Electric Light Ccevany 0.1822 1.13 l l Lyndonville Electric Departwent 0.0330 0.21 l

[ ........ ......

l l TOT Al. 100.0000 619.25 l l ........ ......

l l

1 I

I I

I I

l l

I I

I I

I I

I I

I Page 103a oi

F

1. CLIC Stevitt Ccurnt or etW hAmesnist Dec. 31,1990 An oripinal C(9P0cAflCal C(Wit 0LttC Si tilPONDthi (Continued) f Oy ........................................................................................................................

l i l l Percent Voting l Footnote l l Wame of Corveny Controlled l terut of Business l Stock twed l Ref. l l tai i < t> > l (c) l <di l l......................................................................................................................l l l l The Respondent is e joint c.wner in Unit he. 3 et Millstone $tetton, Waterford, Ccmeetitut per en agreement l l entitled "Shering Agreement,1979. Connecticut Nuclear Unit". Inf ormation reported herein reflects Respordent's l l share of the Irwestment ud operating costs aid statistical date for the f acility. l ;

I I I I i l l In editten to Resptdent's reporting, where omropriate, ctrgosite data f or the mit is tving reported t'y the l l orerating cccpany, Connecticut Light & Power fcevany, in its own report. l l l 1 l l The folic =ing ere partieIpants In the 1,150.00 ped ruclear fveied atene ettetrit generating mltt l l l l l l l l Ownership l ,

l ..............................

l l Joint Owner 1 MW l l l l }

l The Connecticut Light 8 Power Congany $2.9330 608.73 l l Western Massachusetts tiectric Consuny 12.2385 140.74 l  !

l New Engtard Power Corpeny 12.2050 160.36 l I

l Massachusetts Munlcipal Wholesale Electric Cormany 4.7990 $5.19 l l Monteup (Lectric Cormany 4.0090 46.10 l ,

l The United litminating Cormany 3.6850 42.38 l l Public Service ccrgeny of New Manpshire 2.8475 32.75 l l Central Maine Power Conpany 2.$000 28.75 l l Central Vermont Pd> tic Service Corporation 1.7303 19.90 l l Chicopee Municipal Lighting Ccegany 1.3500 15.52 l l Connecticut Municipal Electric Energy Cooperative 1.0870 12.50 l t l Vermont tiectric r.en, and trans. Coop. Inc. 0.3500 4.02 l l fitchburg Gas and Itectric Ccreany 0.2170 2.50 l l Village o.' Lyndonvitte Electric Dept. 0.0487 0.56 l l ........ ........

J l 101AL 100.0000 1,150.00 l 5 t

l ........ ........

l i I  ;

I l l  :

l 1 I I l

! l t

l l i I  ;

i I A

U Page 103b i

PUBLIC tlAvl(( C W AhV Of h(W hAMilNlR( Dec, 31, 1990 l An Original Cott'O*.Afl%$ control LED B f R(5f9C(h1 (Cont trwed) l l l fercent Voting l foetnote l l ha'e of C:v'peny Cor=t r e t t ed l tird cf Business l 5tock Owned l Ref. l l (a) l ( t. ) l (c) l (d) l j., . . .. .. . . . . .

...[

l l l ibe Respvdent is a joint owner in Unit ho.1 at $eatrook Station, Seatirock, hew N pshire urder the Joint l l Ownership Agreenent , inf ormation reported berein reflects tespcetient's share cf the investnent and clerating l l costs and Statistical data for the facility. l I l i I I l l The f ollowing are participants in the 1,i50.00 MW nuclear f ueled steam electric ger.erating ur it l

\ l I I I I l Ownership l 1 1 l .loint 0.mer  % MW l l l l 1 l Nb t l e $e' v i c e C c@ony o f h tew N a ps.h l r t 35.56041L 407.0% l l The Unit ed li tuminat ing Ccepany 17.5000% 201.25 l l EUA Fewer Corporation 12.1324% 139.52 l l Massachusetts Manicipet Wholesale flectric Ccepeny 11.5934% 133.32 l l hem ingland Foner Coruny 9.9$77% 114.51 l l 'he Connec t icut L10k t & F o.er Cervany 4,05977 46.69 l l tmat t iet t ric Company 3.5232% 40.52 l l Mont sup I t ec t r ic Cc<npany 2. 80W% 33.35 l l hew u"pshire Electric Cooperative. Inc. 2.1739% 25.00 l l Verment Electric Cen. a N trans. Cocp., Inc. 0.412n 4. 75 l l Taunton Municipal Lighting Ptont 0.1003% 1.15 l l h 4sv. L ight & Power Conpany 0.0774% 0.89 l l l l 100.0000% 1,150.00 l l ........ ........

l l l 1 I I I I I I I I l l l 1 I I I i l i l l I I I I l Page 103c t

l

,.ma, 1_a-.m-a 4- dr,@.a. .a Ah- -J--WAJ4---eA-e.A4E-EuMJ A ndAM +4 J AA44 - J'**wMA-Wh4 Mu 44+ ah4J &Mbh4h4 s' "*EJ44.4MJ--.$ -am._.w.wp_u_.d__J_m s = m -Aa,4g.,g4,m f

f i

O  !

t t

h h

t t

tais rAct xas escu intraticmAur tot etAu  ;

r f

G l r

r i

i I

l i

[,

?

l t

O ,

I

+

f

?

+ m.,,. -.y.., ,, , , ,,

PUBLIC $ttvlt! CoMPA%Y Of btW HAMPSXIRE D*ie. 31, 1990 An Originat

................................ 4...................................... . .............................................

Oft!Ctet

1. Report below the name, title and salary for each esec- of any position, show name aM total remuneration of the utive of ficer whose salary is $50,000 or more. An esecu. previous incatent, ard the date tne change in ir.netency tive of ficer of a respondent includes its president, sec- was made, retary. treasurer, and vice president in charge of a prin- 3. Utilities which are required to file the same date with 4 cipal business unit, division or funetton (such as sales, the $ccurities aM f achange Corrnisalon, may substitute a administration or flrunce), ard any other person to per- copy of iteen 4 of Regulation $*K (identified as this page) forms simitar Solicpnaking functions. The substituted page(s) should be the same slaa as this

2. If a change was made during the year in the incatent page.

The following table sets forth information conceming compensation for services in all capacitier to the Company for the fiscal year ended Decernber 31,1990 for each of the five most highly compensated executi.e officers of the Company u ho held those pastions in that year and for all executive officers of the Company as a group.

Cash aral Cash-Name ofIndividual Equivalent Forms or Number in Group Capgities in WiklL3mid clEtnuntclalipull)

Ted C. Feigenbaurn Senior Vice President-New $ 139,488 (2) llampshire Yankee Division John C. Duffet (3) Chairraan. President and Chief 129,571 (4)

Executive Offices William T. Prain, Jr Vice President 122,452 Jarnes L Nevins Vice Preshient 120,133 Earl O. legacy Vice President i11581 All Eaecutive Officers as a Group (20 Persons) $ 1,255.503 (t) Includes amounts de ferred by all execuuve of fice n as a gre.up, including all ofricers listed in the cash corapensadou table, pursuant to the Deferred income Plan.

(2) Mr. Felgenbaum is an officer of NilY. nw Company is responsible for 35x4 of the amount of Mr. Feigenbaum's compensation above, with the remainUg 64 4% reimbursed by the other Joint Owners of Seabrook.

(3) Mr. Duf :tt ceased to be an officer of the Company on April 30,1990.

(4) Does not include severance payments mrde in conrwetion with Mr. Duf fett's te.mination of employment.

No non. cash compensation required to be disclosed urder SEC rules was paid or dist.ibuted dunng the year ended December 31,1990 to any of the named eaccutive officers or to all execudve officerr as a group.

O Fage 104

FCLIC $levlCf CopM':Y Of ttW tAMr$xitt Dec . 31, 1WO t;n Original p DiffCfotl

1. Report tetow the inf ormation c et ted f or concerning each 2. Des t ynate mecters of the E sec ut ivt Ccrei t t ee tv en es t er a director of the respurdent who held of fice at any tine dar- isk ord the Chairren of the f aecutive Cueittee try a ckable ing the year. InclW in cotwei (a) attreviated titles of esterisk.

the directors who are of ficers of the resporcent.

l Name (ard title) of Director l Principal Business AMress l l (a) l ( t,) l

[..... ....... ... ...... ............ .................. . ........ ... ... ........ .. . ........ ...............

lHarveyF.farvsh (1) l San f rancisco, Calif ornia l lWitaryP.Clevelari (1) l hew Londan, hew Hangshire l l George A. Dorr, Jr. (1) l h ewpc,r t , h ew H artsh i r e l l John C. Duf f ett (Chairman, President, Chief t acc. Of ficer) (1) l Manchester, hew Man 54 hire l l Philip l. Dun' *p (1) l Ccncord, hew Machire l lFredB.Roedel (1) l Wit tcc, hew Mangshire l lPhilipB.Ryan (1) l Manchester, hew Magnhire l l Wittiev J. $charfferterger (1) s l Wheeling, West Virginia l l sohn f. Schiffman (1) l Letenon, New Hangshire l lWittiamM. Scranton (1) NJ l t eene, hew Mangshire l l(d.ardM. $hapiro (1) (l% l Manchester, hew Mangshire l lWittiamC.falleen (1) .f l Manchester, hew hans4 hire l lMughC.Tuttle (1) l Dciver, new Mangshire l lJamesK. Arthur (2) (B) l Chicago,Ittincis l 7 l Douglas A. Barry (2) (A)

• l San f rancisco, Calif ornia j l

l lbowellA.Blake (2) ( A) lhewerk,hewJersey l l Stetten t. Davis (2) (B) l Glen Ridge, hew Jersey l l Jones D. heldhart (2) (A)

• lhewYork,heu York l lJosephP.Tyrrett (2) l hor th Quincy, Massachuset ts l lAnthonyBenWalsh (2) (B) l New York, hew York l l l 1 I I I I I I i i l i  ! I l i i l l I I I I l ( A) Merter of Audit Conpittes l l l (B) Meder of Bar,k uptcy ard Litigation Coreittee l l l l I l l I I l l(1)ResignedApril 30, 1990 l l l (2) Elected April 30, 1900 l l 1 I I i

l l I I I I I l l l l l l l

toge 105

Ntilt $f tvlCl Cmr Ahv De htW hw$nlitt Dec. 31,1WO An Original SE CUR i f t hot t t t $ AkD V011 h G MVl t$

1, Give the nares ard s: dresses of the 10 securit y holderti of the whether voting rights are octual or cet tnpent; if sm-respnient who, at the date of the lettst closing of the stock took tingent, descrite the cont ingerry, or corpilation of list of stockholders of the respoNent, prior to 3. If any class or issue of security has any agecial the erd of the year, had the highest voting powers in ti e r esped privileges in the electim of directors, trustees or ent, tre state the ruter of votes which each would have bad the managers or in the detersinstim of corgerate action tsy right to cast or that date if a peeting were then in order. If any any sethcd, explain teriefly in a f ootnote.

such holder held in trust, give en a f ootnote the krown partitutors 4. Furnish porticulars (details) concerning any optione, of th? trust (whether voting trust, etc.), cOration of trust, and werrants, or rights outsterding et the erd of the year principal holders of tereficiary interests in the trust. If the f or others to purchase securities of the respwdent or stock toc 4 was not closed or a list of stockholders was not com+ any securities or other essets owned tvy the respedent, piled within ore year prior to the erd of the year, or if since the including Prices, espiratim dates, a>d other materf el previous corpilation of a list o8 stockholders, same other class of information relating to esercise of the options, war, sicurity has tecure vested with voting rights, then show such 10 rants or rights. Specif y the enest of such securilles security holders as of the close cf the year. Arrange the names of or assets to entitled to te gurchased try any of ficer, the steurity holders in the order of voting tower, cervncing with director, associated ccmany, or any of the ten largest the highest. $how in cola 1n (e) the titles of of ficers ord direct- largest security holders, this instruc tion is ina;plic.

ors inctWed in such list of 10 secur ity holders. able to convertitile securttles or to any securities sh

2. If any security other than stock carries voting rights, emptein substantially all of which are outsterding in the herds i n a surpl ement e t s t a t e'vnt t t e c i r cJu t anc e s whe r eby suc h s ec ur i t y of the generet pJbtic where the options, werrants, or tecame vested with voting t'.ghts ard give other Irpetent Darticu- r ight s were issued on a pr orate ties t s, lors (details) concerntna the vcting rights of such security. $tste l 1. Give date of the totest closing of the stock l 2. State the total nmter of votes l 3. Gin the date ord place of such) l book prior to erv* c) year, and state the surpose lcest at the latest generat meeting lmee t i ng s l lcf such closteg: l prior to the e d of year f or electionj l l lof director s of the reverrient ard l May 15, 1989 l l lrvier of such vetes cast by prcay. l l l foens are not closed l tctal: 37,201,127 l $heraton f ere Hotel l l l By Frosy: 30,803,170 l hashua, kN l

j. . . . . . . . .. . . . . .....;

l l l V011hG SICUtiflfl l l l l lhJter of votes as of: Dec ecter 31, 1990 l l l j.. . . . ..... . .. .. .. ....

.l l l l Total l C orrun l Preferred l l l lLinel hee (Title) and Address cf secur it y Holder j v:tes l S t oc k j s t oc k l Other l lho.l (a) l (b) l (c) l (d) l (e) l

j. .l. ..

.j. . .l. .

..l.. .... . .

.l. . .... ..

...l l 4 l Tot AL votes of at t voting securities l 42,154,548 l 42,154,548 l hone j harw l l...l.

.l. .l. . . .. .;.. .

. .. ...i......... ......;

i l 5 l101 AL ruter of security holders l 41,611 l 41,611l -

l l

l l....l. . . ..

.l. .

.l. .. . .j. .. . ...

.l.... .........l l 6 l Tot AL votes of security holders listed tetow l 26,224,466 l 26,224,466 l -

l l

i....l... ... . . . . . . .

.l. .

.l. . .

....l. . ..... ..

.l.. . . .... .

.l l 7 l Cede & Co., hew York, hv 10004 l 24,517,677 l 24,517,677l l l l l 8 l tray & Co., Chicago, IL 60605 l 470,3C2 l 470,302l l l l l 9 lPhiladeo & Co. , Ph il acet rM e, F A 19103 l 339,587 l 339,887 l l l l l 10 lM2rtin soserterg, $roon t yn, hY 11230 l 224 J00 l 224,000l l l l l 11 lEd.ard taufman, Yonkers, h1 10710 l 175,600 l 175,600 l l l l l12l Gush. Verner,Ingram, TX 78025 l 170,000 l 170,000l l l

l 13 l Thomas & cetores Cheetham, Hiateah, Ft 33010 l 91,000 l 91,000l l l l 14 lhhn R. Rushton lit, Cherry Hill, NJ 08034 l 80,000 l 80,000l l l l 15 lR oter t t . & Amy D. E tier t , tustin, CA 92e.80 l 56,000 l 56,000l l l l 16 lf ravis C. & Luree Richardson, Drew, w$ 38737 l 50,000 l 50,000 l l l l 17 lGibson f autuvnt Co., Inc., herf olk, b A 23502l 50.000 l 50,000l l l l 18 I I I I I I hotet In Decerter,1954 the Corvany issued 18,375,000 warrants which allowed the holder to p;rchase a share of Consmn $tcd at

$5,00 per share. The right to esercise the warrants as sugerried in 1986. There are currently 13,420,199 warrants out-

! s t ardi ng . The warrants espire in 1991.

Page 106 heat Page is 108

, i t

O I r

i I

I i

i INi$ PAG ( HA$ $((N lht(Nil 0hAlti Lill BLAhK f

I i

i I

O .

I i

h l

i E

I l

i I

l 4

2 i I

f 8

I l

I, l T

I t

I t

r

?

a,=or. e -e *- m- .

. T *

• t r ' F *f e w *- * *'v*e**7-w'+*me-**N**'+<- -et'****Ve** e- *$^+ * * * - ='=-e=---*e=mie-*-w'or***-~~~'***ere-.e---+--..-.

- e,---- -

iv8.1C $livlC[ COMF ANY Of ht W N6@$Nl$( Def, 31, i M An Original IMPDA T Abt Ch A40($ DUt thG t rif Y[ Alt Give partiewters (details) concerrong the rhat ters ladi- natural ges cv54nt rost also state najor new c cot i rivi ng cated below. eeke the $tatecents emplicit afd precise, ard sour ces of gas thade aw ai t at le t o i t f r Ni pur c hases, derpl*

nJWr t F em i n ac c o r danc e w i t h t h e i rgs i r i es . ( oc h i rcu i t y otrent , pu cr h ase c ont r ac t ur M her e,ise, giv ir.g locat io) shost d t,e asswer ed. I nt er a no"e" "not acclicable," or chAa em egpr ealute 10tal get volJvs avallatAe, pe ricd of con

• uhere a;tlicable, if inf ormation which answers an 'ryuiry tracts, ars.f c'ther g,arties to an, sm h arrangerents ett, is giten elsestere in the receart, make e reference to the 6. Otligatices incu rred as a result of issuance of secut' stFe tte in e ich it at54ars. ities or assJTtion of liabilities or guarantees irwltding

1. P anges in a d irpcr t ant aMi t ions to f r aNhtte rights: Isssance of short term det t m'd Ursvrcial g aper baitng a

( t sc r i tt 16e actual consideration gl=en theref ore ami state mat ur i t y cf one y ear or less. Gi ve r e f er enc e t o fi frC or l 8

sm w h ce the f ranchise rights were argsired. If ac @ ired $ tat e tcmt ssi on author itat ion, as aWopr iate, ard the j witetyt the tarent et consideration, state that fact, amount of (t' ligation or ggarantee.

2. Achisit ion of owner ship in c ther c rnpanies by r eer gan- f. UF ges in artic its of irworgerat ion sr re'tsnent s t o italitn, mers,er, ce c onsolidat ion with c ther c ytionles: Cive chart tri ( y lein the riature ard purprse of sus h c hanges or names Of cmpanies invciveJ, par t iculars c oncernirsg the arterden t s .

t ransac t ions, naw of t he Criai ss i cn in t& or i t ing t& e t r ans- 8. S t at e t he ed.inat ed a%s t e f f ec t ard nat ur e of any act ion and r e f e renc e to C oar *I ss i on asthor i t at ion. Irve t ent wage scale changes dar tng the y ear.

3. Purchase or sale cf an operating unit or system: Cive 9. State t>rlefly the status of any neterially in ortant a brief descriptiott of the preperty, a t of tFe transactions ;egal proceedings gerding at the erd of the year, ard the relating trerete, u d reference to C yselssion asthoritation, r esul ts cf any suc h pr oceedings c u!rninatc:f during the year, if any was relait ed. Che date jourr at entries called f or 10. Cesc r ite br ie f ly any materially (not t ant t r an!.ac t ices by tr e uni f orte $ y s t e* cf Ac c oun t s wer e sutri t t ed t o t he Com- c f tre reyWent not disclcsed elsewher e in tt is report n-i s s i on. in which en efficer, director, sec ur it y bclcier r epor t ed on

6. Ince t v t leastacids (cther t*an leasetctds for natu al r page 1Dr;, $ c t i ng t r ut.t te, as we i n t ed c yt#ny or s hown ano-ges lasis) tFst have treen ac ht red cr given, assigned or clate cf ant of these per sons was a p ar t y or in which any serendered: Otse ef f ective dates, lengths of terms, recs su;h p er son b ed a mat erial int er est.

c f pa r t i e s , r er t s , and o t h e r c ord i t i ons . S t a t e nane o f C om- 11. lee ser ved).

mission avtbor t tirg lease a d give ref ereN e to such author-fration.

5. I wsrtant eatension c.r reds tion of tran wission or distr itNt ion sys t en : $ tate terr it or y aMed er r et tryaished 12. If the igot tant changes ds ing the year relatir g to and date operatiors tegen c.r ceased ord give ref erence to t' e respordent c mgany aMear ing in De annual r epor t to C yrrossion authcritation, if any w as r easi r ed. S t a', a also st oc kholder s are as$ lic ebte in eve ry reqec t and furnish t he SF O R I N t e n#1T O f cus t oFe r s alled Dr l os t rr; 5.P the cat a r equired by inst ruc t icns 1 t o 11 6teve, buch rotes pres iNte annual reann c f each class cf service. %nch era r t e a t t t.d ed t o t h i s pa ge .

See attac*ed.

O Fase ICS

PUBilt stRvitt CcmPAkT Cr htW Hamt,wtit Dec. 31, t W0 An Originat O . . . . . .. . . . . . ... . . . . . .... . . ......................"....

. .. . . . . . . .. . . t "............."

mPot t Ak."t "C"."MAkGt s Dut t bG t HE f 1he Company's Bankruptcy Case and Plan of Reorganization 4

Backgcound, On January 28,1988, PSNil filed a petition for reorganization urder Chapter I1 of the Bankruptcy Code, PSNil was forced to seek bankruptcy court protection tecause of liquidity problems caused by several factors, including the magnitude ofits investment in Seabrook (approximately two. thirds of the then book value ofits assets), de prohibition under New llampshire law of the realization by PSNil of any cash income from, or tetum nn,its investment in Seabrook before it w as placed in se vice and the delay in obtaining the liceme from the Nuclear Regulatory Commission

("NRC") for Seabrook to operate, During the perdency of the Bankruptcy Case, PSNil acted as debtor in-possession pursuant to die Bankruptcy Code and continued to operate its bustress substantially as tefore the filing of the petition, subject to the supervisory powers of the Bankruptcy Court. Early in de Bankruptcy Case, the Bankruptcy Court appointed the Creditors Committee and the Equity Committee to represent the interests of unsecured creditors and equity security holders, respectively. T1e State of New llampshire (die " State") was recognized as a party in interest in the Bankruptcy Case.

On December 2,1989, Northeast Utilities Service Company ("NUSCO") filed a plan of reorganization (the " Plan")

on tehalf of Northeast Uutities ("NU"), the Creditors Committee, the Equity Committee and various PSNil bond holders, with the support of the State. On December 13,1989.the Company announced its support for the Plart On April 20,1990, following a vote by all classes of creditors and equity secunty holders of PSNil and hearings in the Bankruptcy Court, die Plan was confirmed by the B ankruptcy Cou rt. An r ppe al of the Conntm ation Order is currently pending in the United States District Court for the District of New IlampW t.

Pursuant to the Confirmation t'.uct, a new Board of Directors, the memters of which were selected by the Creditors Committee ard the Equity Committee, was appointed effective April 30, 1990. In addition, on April 30,1990, as O contemplated by the Plan, the five senior officers of the Company left their positions, and NUSCO tegan to provide management services to the Company pursuant to the Management Services Agreement. See "The Mar gement Services Agreement".

The Plan The Plan provides for the ernergence of the Cornpany from bankruptcy and the acquisition of the Company by NU in two steps. In the first step, the Company will emerge from bankruptcy on the Effective Date as a stand alone company, which will be s pany to the Merger Ag.reement with NU. NUSCo nnd NU Acquisition Corporation ("NUAC").The custing r.ecurity holders and creditors of the Company will receive, or' or as soon as practicable after the date the Plan t ecomes e ffective (the " Effective Date"), distnbutions of cash, ne w PSNil Common Stock, Notes and other securities. In the second step of the Plan, NU will acquire the Company pursuant to the Merger Agreement, ard will cause the Company to transfer its interest in Seabrook (the "Seabrook Interest") ard its obligations urder the Notes to a newly. formed subsidiary of NU.

North Atlantic Energy Company ("NAEC"). See "The Merger".

The c. turrence of the Effective Date is subject to various cordtions, including an af finnance by the New }{ampshire Supreme Court of the July 1990 decision of the New llampshire Public Utilities Commission ("NHPUC") findmg that the Rate Agreement descrited below is consistent with the public good. A decision is expected in the early pan of the second quarter of 1991. The Effective Date deadline urder the Plan, initially set at August I,1990, has teen extended from time to time by agreement among NUSCO and the Creditors ard Equity Committees. The present Effective Date deadline is March 31,1991, although the partics are coruidering an extension.

There can te no assurance that de Effective Date will occur. lf the Plan does not tecorne e ffective,it will te necessary for the Company to seek to achieve another reorganization plan. The Company cannot reasonably predict w hether or when it would te possible to achieve such a plan or what die terms of any such plan might te.

Page 107

PusLIC itivlCE COMPANY Or klu MMP hl8E Ots. M N An Original

mpoatawf Chauts putlh* f nt il AR (Continued)

The Merger is subject to various corwiitions, including receipt by PSNll and NU of certain re gulatory approvals.There can te no assurance that the conditions will te met or that the Merger will occur. If the Merger occurs, PSNil will operate its business as a w holly. owned subsidiary of NU, will have no obligations under the Notes, w ill no longer own the Se abrook Interest, and will be subject to the Seabrook Power Contract. See "The Rate Agreement--.Seabrook Rate Treatment."If the Merger does not occur, PSNil will operate its busitess as a stand-alone company, will continue to own the Seabrook Interest and will be obligated under the Notes.The R ate A greement will remain in e ffect m hether or not the Merger occurs.

See "The Rate Aprement." NUSCO will have responsibility for managing the tustness of PSNilpursuant to the terms of the Management Services Agreement unut the Merger (or the earlier termination of tte Merger Agreement). See "The Management Services Agreement."

Distribution to Creditors and Shareholders Under the Plan Under the Plan. holders of secured claims will receive cash in the full amount of their claims for principal and unpaid interest.11olders of unsecured claims will receive a distntmtion in the amount of their claims for principal plus pre.peution interest,less originalissue discount unamortized at the petition date,and a total of $l10.6 million of post. petition interest.

Approximately $545 million of such distnbution will be in cash arxl the balance will te in shares of Common Sa>ck of Reorganized PSNil. Iloiders o' hares of existing Prefened and Common Stock of the Company will receive $205 million principal arnount of unsecured .otes of Reorganized PSN11(* Notes"), shares of Common Stock of Reorganized PSNil and certificates entitling the holder to receive warrants to purchase shares of NU Common Sixk w len (and if) the acquisition by NU occurs. Ifolders of the Company's outstanding Warrants (arxl any claims masing with respect to such Warrants) will receive a total of $1.3 millionin cash.The tetal amount (includmg interes payments)of cash and se nities to te distributed under the Plan is approaimately $2.4 billion.

g The Notes and the cash portion of the distnbutions to unsecured creditors will bear interest from July 1,1990, and the Reorganized PSNll Common Stock will carry cumulative quarterly stock dividends from July 1,1990. If and when the merger occurs, the Reorganized PSNil Common Stock (includmg shares issued or issuable as stock dividerxis) wi,81 te converted into cash at $20 per share.

As a result of the distributions at the Effective Date, the Company's cunent unsecured creditors will own approumately two. thirds of the Reorganized PSNil Common Stock and cunent shareholders will own the other one. third of such stack.

The Financings The cash portion of the distributions to creditors and equity holders under the Plan (approximately $1,515 million including interest)is expected to le fmanced primarily through available cash and the public offering of ReorEanized PSN11 securities and through a bank term loan facihty (the "Tenn Loan"), as irxhcated telow:

First Mortgafe Bonds Series A and Series B First Mortgage Bonds $ 342,500,000 Tatable Pollution Control Revenue Bonds issued in two series secured by $229.0 million of First Mortgage Borxis 229,000,000 Tax Exempt Pollution Control Revenue Bonds issued in tluce series secured by $287.5 million of First Mortgage Bonds 287,485,000 Term Loan 452,000,000 Series A Preferred Stock 125,000,000

$1,43519_81000 0

hI h

PusuC stavlCE Co@Att or etV MMP$Nigg Dec. 31, 1990 An original Q IMeontANt CHANCE: DualhC tHE YEAR (Continued)

De securities offerings and Term Loan set fonh in the table above are collectively refened to herein as the

• Financings". De Company also expects to enter into a revolving credit arrangement (the Revolving Credit Facility")

with banks and w ill borrow any additional sum required for distribution to creditors and equity holders as well as an amount to cover the expenses relating to the l'tnancings under that Facility.

De Rate Agreemsnt Leghlation. De Company's Rate Agreement provides the nuancial basis for the Plan. De Rate Agreement was enceuted by the Governor and the Attomey General of New llampdure on November 22,1989. On Decemter 14.1989, tle New ilampsidre legislature passed, and on Decemter 18,1989, the Governor of New Ilarnpshire signed into law, a bill si thorizing the implementation of the Rate Agreement upon a f.rding by the NilPUC that it is consistent with the public good. Such finding was made by the NHPUC la its July 20,1990 decision. Under the legislation, once such a firdina has teen made, the N11PUC may not issue any order which would result in flaing rates other than as prescribed in the Rate Agreement.

NilPUC Proceeding. Under the legislation referred to above, a proceeding was irstinted tefore the NiiPUC in Decemter 1989. After estensive hearings, the NiiPUC issued its decision on July 20,1990 approving the acquisition of PSNH by NU and finding that the implementation of the Rate Agreement is consistent with the public good W NilPUC found that the rates provided for in the Rate Agreement are just ard reasonable ard Ont the cost asnitydons urderlying the Comprehemive Fuel and Purchased Power Adjustment Clause ("FPPAC"), taken in their entirety.

• ire resonable and f:rabilire prices for electricity, in addition, the NltPUC made a numter of findings concendng various other aspects of tbc proposed transiction.

p%/ De NifPUC found that the acquisition premium provided for in the Rate Agtrement is a regulatos) asse in accordance with generally accepted accounting principles ard serves the public interest. It bund thu NU, acting prudendy, should be able to king a minimum of $300 million in net present value of savings to PSNH as a roult of thu proposed acquisition. De NrfPUC also authorited the issuance of the securities required to finance the Plan.

%e NHPUC approved the Seabrook Power Contract as being in the public interest, finding that the potential benefits outweighed the potential risks to ratepayen thereurder.ne NilPUC also approved a in the public good the hianagement Services Agreement, certain service contracts, and certain sharing and capacity agreements.

The NitPUC's order is not conditioned upon the consummation of the hierger. Ilowever, the N!!PUC indicated that it may reassess whether the Rate Agreement would continue to serve the public good if the Merger Agreement is changed by the FERC or another regulatory taly so as to threaten the hierger, or if sutsequent changes result in de hierger Agreement being terminated. De NHPUC left open the possibility of imposing a perfonnance incentive program for Seabrook if expected Seabrook synergies are not teing achieved and ifit appe ars that such a program would te constructive in minimizing rate increases without compromising safety. ne order requires NU to confer with the NilPUC staff irgarding appropriate rate design modifications,if any, and to file regular reports regarding the success ofits cost saving e fforts. The NHPUC indicated that it will hold PSNil strictly accountable for the prudence of all acts and omissions which lead to costs, heluding replacement power costs, teyond those projected and that it could consider, when appropriate.

removing from rates a portion of the $700 million initial lovestment in Seabrook (considered prudent urder the Rate Agreement)in the event that imprudence at Seabrook should render the plant unusable for an catended period of time.

Three groups. purporting to represent New Ilampddre electric consumers, holders of the Company's Common Stxk.

and certain small power producers in the NitPUC proceeding, filed timely requests for reconsideration of the NHPUC's decision. The NiiPUC denied those requests on August 17,1990. ne groups purporting to represent consumers and stockholders appealed the N11PUC's derdal of their requests for reconsideration to the New llampshire Supreme Court.

Arguments on those appeals were heard on Decemter 6,1990, and a decision from the New llampsture Supreme Court is expected shortly.

Page 109b

Pu8 tlc sitvlCt Cup akt Cf bl6 MMPsalti pec. 31,1990 An Original leostAnt chants tivatnc ter itAt (contitwo g

Rates.*me Rate Agreement sets out a cornpreheruite plan of retail rates for PSNil.providmg for seven bue retad rate increases of 5.$% per year ard a cornpreheraive fuel and purchased power adjustment clause desented telow. De first of these bue retail rate increases was put in effect on January 1,1990. Die aabtional revenues resulting from Ods first increase for the period January 1,1990 through June 30.1990, approtimately $ 16 million, will be held in escrow untilihe coruummation of the Merger or d e tennination of de Merger Agreement, den they willle relcued for inclusion in PSNil's income. De acklitional res enues resulting from the first increase fnen July 1,1990 to the Effective Date will te held in escrow ard released to PSN}l for inclusion in PSN!!'s income at the Effectise Date. As of Decemter 31.1990, approximately $13 million had been collected since July 1.19M Rescours ansmF sute.cquent to the Effective Date will not be placed in escrow. The six sutsequent $.5 % base rate increases are scheduled to be put into e flect armually teginrdng on the Effective Date.

Equity Collar. The Rate Agreement provides upper and lower limits (the

• Equity Collar") on the level of the cumulatis e present value retum on equity w hit h rnay te achieved by PSNil during the se ven. year period of $.5 % increases (the "Fited Rate Period"). Dunng the Fited Rate Period. the Equity Collar provides that if PSNil's cumulative aserage net income return on equity (" cumulative ROE") exceeds a "crihng" of 13.23% on a ret present value basis in any given year, any excess above such ceiling is to te applied first to reduce the unamortired portion of de fenals of a portion of the cost of power purchases from the New ilampshire Electric rooperattve, loc. ("NIIEC") ard cert ain small power producers.

and then to reduce customer bills if PENil's cumuladte ROE on a present value basis is forecuted to fall telow a

• floor" of 8% dunng the twelve. month period after the fourth rate increase.or 9%,9.73 % or 10.50% in die succeeding three twelve.

mon h penods, respectively, a prompt general rate inc rease or surcharge to base rates will be irnplemented to permit cumulative ROE to attain the specified minirnum for the period No " Door" to the Equity Collar will te in cffect for the fir *t three years of the Fixed Rate Period. In subsequent years,8 e " floor" amount for any year is calculated bued upon only $2 billion of the $2.4 billion of Plan value. Die floor will only tecome operative if the Company's financial perfonnance is substantially below espectations. For purposes of the " ceiling " the formula takes into account $2.4 billion of Plan value. If the Merger does not occur, the amount of PSNil's retum on equity for purposes of the "cciling" will te calculated on a Plan value basis of $2 billion, subject to upw ard adjustment by the NilPUC in cenain circumstances.

g' Fuel and Purchased Power Adjusiment Clause. Die Rate Agreement bicludes the ITPAC, a comprehernive fuel and purchased power adjustment clause. For the ten year perkd aher the Effective Date, the ITPAC will allow PSNil to recover from customers any increases in its cost of fuel and purchased power (inchdmg the costs locurred or deemed incurred under the Seabrook Pow er Contract desenbed telow) ov er the levels assumed in the Rate Agreement. Cons ersely, the ITpAC will reduce the arnount to be recos cred by PSNil frorn customers to reflect any decrease in such amounts from such assumed levelt The NIIPUC has the nt th to resiew the prudence of fuel aid purchased power costs, In addition the R ate A greement s.pecifically aathorites the NitPUC to review the prudence of all SeabrooL costs. other than the initial $700 mdlion value assigned to the plant at the Effectiv e Date. Nevertheless, the NitPUCirdicated in its July 20.1990 deciuon implementing die Rate Agreement that it could consider, w hen appropriate, removing from rates a portion of the $700 i

million initial investment in Scabrook (considered prudent urxler the Rate Agreement)in the event that imprudence at Seabrook should render the plant unusable for an exterxkd period of time.

The FPPAC will take eIIect at the Effective Date and wdl replace a more limited Energy Cost Recovery Mechanism

("ECRM") heretofore utihred by PSNil to adjust for the ove r. ard under-recovery of fuel and purchased power costs. Tle ECRM component of rates is norm ally adjusted semi arum ally in January ard July 1o reflect estirnates of fuel ark! purchased

, power costs for the subsequent six months and to reconcile arxi adjust for over. or under recovery of such costs for the i

previous six months Under a grand reconciliation of ECRM costs ard revenues for the Period July 1,1989 through i December 31,1990, PSNil had overcollected approaimately $13.7 millionin ECRM costs as of Decemter 31,1990. PSNil i

filed a proposal with the NilPUC on November 30,1990, requesting that the then current ECRM fuel component of rates l remain in effect for the period from Jarmary 1,1991 through die Elfective Date w ben the second of the seven annual 5.5%

rate increases urder the Rate Agreement will take effect. The proposal provkkd for rate stability throughout 1991, and PSNil believed it was consistent with the goal of maintaining a steady level of increases urder the Rate Agreement.

Flowever, on Decemter 31,1990 the NilPUC voted two to one in favor of its staff's proposal to lowet PSNil rates on January 1,199 t to reflect the fact that the commencement of Seabrook's operation in mid-1990 has low cred PSNil's fuel costs. The de:ision resulted in a 13.1% decrease in PSNil rates in January and will result in an increase of 21.4% at die Effective Date, when the second 5.5% base rate increase ard the ITPAC take effect.

h Page 109c

i ryst tC sisvict C>r AN1 Of htW li AMr'sNtRt Det, %i, 1990 h An Origirsat i

Regulatory Asset. The Rate Agreement provides for the recovery through raict of a regulatory asset aid for d e {

recovery of a retum each year on the unarnortired portion of the asset. hese recm erm during de Hsed Rate Period are  ;

reflected in the 5.5% rate increases. Ilad de Effective Date occurred on Decemter 31,1990, de regulatory asset would have been approtimately $830 million De Rate Agreement provides that $425 million of de regulatory asset is to te amortired s . r the first seven years after the Effective Date, with the balance to te amortired over de first twenty pars  ;

after the Effect .e Date.  :

Other liase Rate Changes. No increases or decreases in base retail rates oder than the seven 5.3% increases willle  !

granted to PSNil during the Fixed Rate Period except for changes to rates caused by the operation of the Equity Collar, f ard except to adjust rates for legislative or regulatory chanfes, includmg changes in envitonmentallaws or regulatiom, 7

requiring a minimum capital expenature of $20 million or having a mirumum annual expeme impact of $2 rnillion, to (

re flect chanErs to PSNit 's Seabrook decomminioning obb rations, to provide tevenues to accomplish programs mandated i for the Company by legislators or regulators, or to recover costs associated with comervation and load management  !

prograrns undertaken with the specific approval of the NilPUC. In additinct, PSNil will tc entitled to the same general l treatment accorded uher utilities by 0 e NitPUCif any new accounting staratardt are promulgated durinF the Fited Rate l Period.

[

Seabrook Rate Treatment. At the time of the Merger ard the transfer of the Seabrook Interest to N AEC, NAEC and PSNil w ill enter into the Seabrook Pow et Contract, under w hich PSNil u ill te obligated to buy all of NAEC's on nership  ;

share of the capacity ard output of Seabrook for a period equal to the length of the NRC full power operating beense for t Scabrook. Under the Contract, PSNil will te uncond tionally obligated to pay N AEC's " cost of service"during this period [

whether or not Scabrook is operating. Prior to the Merger or if t!w Merger Agreement is tenninated, the Company will i include in its costs for rate purposes the amount that uould be paid if the Seabmok Power Cordract were in elfeet.

NA EC's

• cost of service" includes all ofits Secbmok related costs, including operation and maintenance expeme. fuel [

expeme, property tat expeme, decommissioning e npeme, ard certain overhead and oiler costs. Tlw cost of service also includes depreciation on its recoverable investment in Seabrook and a retum on that investment. *Dw Seabrook Power  !

Contract establishes the reco etable initial investment in Seabrook at the Effective Date (other than an investment in I woAlng capital)(the " Initial Investment") at $700 million.  !

t The Initial Investment will te depreciated on a straight line basis over 39 years, ard any subsequent ad&tions to }

Seabrook will te depreciated on a straight line basis over the remaining term of de Contract.*The Contract provkies that  !

NAEC's retum on its " allow ed bvestment"in 'eabrook (its investment in u orking capital, fuel, capital ad&tions aher the f date of commercial operation of Seabrook and a portion of the Initial Investment)is calculated based on NAEC's actual  ;

capitalitation from time to time over the term of the Contract,its actual dels and preferred equity costs, and a common r equity cost of 13.75% for the first ten years of the Contract, and thereafter at an equity rate of retum calculated on a f mnula .

basis. The portion of the laitial Investment which is included in the " allowed investment"is 20% in the first yeat aftet the  !

commencement of commercial operation, ard increases to 100% in de sixth and each succeedmg year.he de ferred tetum on the excluded portion of the Initial Investment will te recovered beginning in the first year aher the Fixed Rate Period, and will te fully recovered prior to the tenth anniversary of the Effechve Date.

i If Seabrook is cancelled after commencing commercial operation PSNil will be uncorditionally required to pay j NAEC " termination costs" for 39 years, less the p-riod during w hich Seabrook has operated. These costs are desigrrd to

}

reimburse NAEC for its share of Seabrook canceDation ard decommissioning costs ard pay NAEC a retum of and on any i undepreciated balve ofits pre operational irn estment in the plant (calcuhted as set out above)over the then remaining  ;

term of the Contract, a, i the retum of and on any capital ailitions to the plant made after itlegar., commercial operation 5 over a period of the yew after cancellation inet of,any tat lenefits to NAEC attributable to such cancellationk O............................... ... ..... . ...... .... .. .... . ............ . .... ... .... . . .... . .. . .. .  ;

I Page 109d i

_ _ ._ _ _ _ _ _ . _ ~ - _ . _ , . _ _ . ._, _ _ , - _ _ ____ -

PU8t!C $tRVICE C(MrAnt of e,td MMFlHjtt Dec. 31,1Nl}

An originnt

...............................................................................~.......~.~'~.*'=~

IMPoal ANT CHANCis DURlhG THE tt At (Continued)

....... ..................... .................................. ~ ... ~ ...... - ~ - .. - ~ ~ ". " ".. ' ' " ". " "

The Company's obligations to make the payments required urder the Seabrook Power Contract and to otserve all of Ps other agreements urder die contract are absolute ard unconthtional. Such obligations will not te affected by any circumstances, including (a) any insolvency, composition, bankrupt cy, reor ganization, arrange ment liquidation or similar proceedings relating to the Company,NAECor any of the Joint Ownets of Seabrook, or any of theit affiliates,(b) any Iallute of Seabrook to operate for any reason (c) any damage to or destruction of Seabrook,(d) any interruption or protubition of the use by NAEC of, or any ouster or dispossession of NAEC from, all or any part of Seabrook or any interference with NAEC's use or possession of Seabrook by any govemmental agency o: authority or other person,(c) any inabihty to use Seabrool tecause a necessary liceme or other necessary public authorir.ation carmot te ottained or is revoked or tecause the utilitation of such a liceme or authorization is r..ade subject to specified conditions that are not mr t,(f) any invalidity or unenforceability or disaffinnance by NAEC or the Company of any provision of the Seabrook Power Contract or any failure of NAEC to gwrfonn any of i's obligatiens under the Seabrook Powt r Contract,(g) may amerdment, catension, assignrnent or et cumbrance of any rights or obligations under the Seabrook Power Contract or any waiver or any esercise of any right or remedy urder the Seabrook Power Contract. (h) any inability of NAEC to obtain regulatory approvals for financing its ownership share of Seabrook or for meeting any ofits obilgations under the Seabrook Power Contract or (i) any inability to use Seabrook due to any other circumstances or events, whether foreseeable or unforeseeabk. If the Company in good faith disputes the amount of any billing provided by NAEC it shallitemire the basis for tN dispute ard, upon final resoludon of de dispute, pay the amounts determined to te due and payable with interest f om die date such amounts were due. Under the Seabrook Power Contract, the Company w aives, to the catent pennitted by ap;Ccable law, any and all rights that it has or tasy have in the future to terminate any ofits obligations under the Seabrook Pow er Contract.

The Company also waives, to the eatent pennitted by applicable law, any nghts to set off or to apply any obligatien ou ed nr claimed to be owed to it by NAEC against any amounts payable by the Company under the Seabrook Pow er Contract.

Neither the Company nor NAEC may assign, pledge or transfer its interest in the Seabrook Power Contract without the prior consent of the other and the NHPUC, which shall not be unreasonably withheld.

NU filed the Seabrook Power Contract with the FERC as required under the Federal Power Ac.. See "The Merg r.-

Conditions to the Merger "In preliminary orders issued March 2, M ay 17 and July 16,1990, the FERC upheld the Seabroolr Pow et Contract provisions that provide for the recovery of costs in the event of plant cancellation. It denied NUSCO's request that it find the balance of the Seabrook Power Centract terms, including the provision described above fiaing NAEC's common equity retum after the first ten years of the Contract, just and reasonable without i hearing. FERC he anngs on the Seabrook Power Contract were concluded in Septemtwr 1990. An initial decision issued on December 20, 1990 by the administrative law judge presidmg over the FERC heatings iourd the Seabrook Pow er Contract to lejust and reasonable, provided changes ase made in Iwo provisions, one of w hich de als with the retum on equity pre v41on after de first ten years of the Contract uhile the other relates to recovery of decommissioning expenses. The frudal decision is subject to review h7the full Commissien, which may accept or reject the proposed changes and could order still further modifications in the Contrat, in addnion, the FERC will have continuing jurisdiction over the Contract during its term.

The Seabrook Power Contract is a v holesale power contract. Under the Federal Power Act, wholesale rates filed with the FERC may normally tv changed unilaterally at any time by a seller, such as N AEC, subject to the requirement that it

&monstrate that the changed rates are just, reasonable and not unduly discriminatory or preferential. The Seabrook "ow er Contract, however, limits the aoility NAEC would otherwise have und-r the Federal Power Act to change the wholesale power arrangements contained t!m. rein. Under the contract, NAEC has waived its right for the emise term of the contract to seek increases in the rttes allowed under tie Seabrook Power Contry.ct, including, for the first ten vears of t!e contract, mereases in t!e retum oo egaty allowed thereuader, without the prior conseat of the Company asi the State of New Hangsture. Moreover, each of NAEC the Compsny ard the State of New Hampsbine has, to the extent permined by applaable law, w aiad hs right to fde a complaini with t*c mRC to seek any changes to the Seabrook Power Contract.

De contract als ) provides that if ther- is any piocceding 1o change the terms of the contract, the FERC shall not make such charges utdess it finds the contract to N contrary to the public toterest.

. . ........ .. ... ......... .. ... ... ..... ... . . . ... .... . . . - ~ . . . ~ . . .~ . ~

Fage 109e

PU8 tlc 3ERVICE CWAWr of NfW HAMPSHIRE Dec. 31, 1990 An originat lMPoRt ANT CHAkcts DURikG thf r[ AR (Continued)

In its March 2,1990 order accepting the Seabrook Power Contract for filing the FERC commented on how it might

? interpr. S future the sectino of the contract limiting the ability to change rates. Re FERC acknowledged that the panics c ontract have waived their right to seek changes unless they can show that the contract is contrary to the public interest, m to other entities seeking changes to the contract (which w ould likely te changes to decrease rates), however, the FERC stated that the parties' attempt to limit the FERC's authority to change the Seabrook Pow er Contract would not apply if the contract were challenged by a non party (such as a customer of PSNH), and that in such a future proceeding FERC would be free to apply the more literal just and reasonable standard rather than the public interen standard in determining whether the terms should be changed la is expected that NAEC would contest the FERC's position in this respect in any futrre proceeding.

Sharing and Capacity Agreements.The Rate Agreement also provides for the sharing terw een PSNil and the other

tility subsidiaries of NU after the Merger of savings in capacity and energy costs w hich will be achieved by the combined system. PSNH, NUSCO and the NU System opetuting companies expect to enter into a Sharing Agreement at the time of the Merger that would provide for this sharing and for other capacity and energy arrangements to be in effect during the first ten years after the Merger. NU filed the proposed Sharing Agreement with the FERC. No issue regarding the Sharing Agreement wa.

raised during the FERC hearings referred to above, and tne initial decision of the presiding administrative law judge concluded that the Sharing Agreement is just and reasonable.

NU has agreed in the Rate Agreement to provide capacity to PSNH at the average cost of the NU System for the first ten years after the Effective Date,in amounts designed to provide PSNH with adequate capacity over that period to meet its capacity responsibility under the NEPOOL Agreement. See " Business-New England Power Pool.** PSNH and NU's subsidiary, The Connecticut I.ight and Power Company, expect to enter into Capacity Exchange Agreements on the Effective Date, u hich would prc, vide for such capacity to le provided to PSNH. If the Merger Agreement is terminated.the Capacity Exchange Agreements will continue until October 31,1995, or an earlier date upon two. years' notice from PSNH O to NU. subject to PSNH's right under certain circumstances .s untiltoOctober extend such 31,1999. NUagreefiled the proposed Capacity Exchange Agreements with the FERC.The Capacity Exch, j Agreements were foundintheinitial decision by the administrative lawjudge presidmg oser the FERC hearings to be just and reasonable, provided the return on equity speci!ied in the Agreements is reduced. NU has requested a re view by the full Commission of the change in the proposed retum on equity. De Commission may accept or reject the proposed change and could order still funber modifications in the agreements Other Protisions. NU also agreed in the Rate Agreement to undertake good faith efforts to negotiate with the Joint Owners an arrangement whereby North Atlantic Energy Services Corporation ("NAESC"), a to.be. formed subsidiary of NU, would tecome the operator of Seabrook at or as soon as practicable after the Merger Date. On January 9,1991, Joint Owners with a collective 70.6% ownership interest in Seabrook approved the Managing Agent Operating Agreement, pursuant to which N AESC will assume from NHY the responsibility for managing, operating and maintaining Seabrook, That agreement will become e6ctive after all of the necessary regulatory approvals have been obtained, which could occur prior to the Merger Date.

The enabling law enacted by the New Hampshire legislatu e r chibits, during the Fixed Rate Period, a change in the allocation of base rate revenue re :ponsibility among residential, commercia!. industrial and municipal customers from the allocation that was in effect on Septemler 15,1989, unless the NHPUC finds that due to peculiar circumstances such allocation is unjust and unreasonable and the legislature approves such a finding.

De law also requires legislative approval for any modiScations in the Rate Agreement which could potentially l increase rates.

l Page 109f

- - _- - - --~ _-- - - - -.~~ - - - - - -- -.. . - - - . -

PUBtlC $ERV!CE COMPANY Of NEW HAMP$WlRE Dec. 31,1990, An Original IMPORTAhi CHANCES DURING THE YEAR (Continued)

The Management Services Agreeme it Since April 30,1990, the business, operations, activities and affal.s of PSNil have been managed by NUSCO, in accordance with the terms of the Management Services Agreement. Frank R. l ocke, a Senior Vice President of NUSCO, acts as coordinating officer under the Agreement. With limited exceptions, the Management Services Agreement provides

, NUSCO with cornplete discrttion and full decision. making authority in managing all aspects of PSNH's business, including design, planning, construction and maintenance of facilities; procurement of fuel and supplies; operation of generating and tiansmission facilities; distribution and sales

• financing, personnel, leg .1 and administrative matters; and research and development, engirwering and regulatory matters. h perfonning these services NUSCO has complete access to the books, records, pryrties and pensonnel of the Company, subject to confidentiality requirements. The Management

- Services Agreement pest.w, PSNH to enter into transactions with NU, including the purchase, sale and exchange of bulk power. NUSCO, however,is not responsible for the management of PSNH's opacity tales or transfers to third parties and transmission services. In addition, NUSCO will t provide management services for the operation of Seabrook until the prior approvals of the Joint Owners and the NRC 1 se been received. Until these conditions hav. ' m satisfied, Seabrook will continue to be managed by the Company's New Haepshire Yankee Division under the superviwu oube Joint Owners.

The Management Services Agreement provides the in making the management decisions called for under that Agreement, having due regard for the interests of PSNH stockholders and the obligations of the Board of Dinctors under applicable law, NUSCO may have as one ofits objectives the facilitation of the ultimate integration of PSNH into the NU System after the consummation of the Merger, and the production of the economies and synergies that the NHPUC found 4

will flow from the Merger, so long as pursuing that objective does not impair PSNH's viability as a stand.alone entity if

the Merger Agreement is terminated.

Acting pursuant to the Management Services Agreement, NUSCO has negotiated the terms of the preposed financings g required by the Company in order to distribute approximately $1,515 million in cash, including interest, to the Company's W existing security holders and creditors on or as soon as practicable after the Effective Date.

Under the Managen,ent Services Apeement, NUSCO is responsible for preparing estimated capital and operating budgets each year for submission to the Board of Directors. Once the budgets for a year have been appioved by the Board of Directors, NUSCO is required to use its best efforts to ensure that the actual capital costs of PSNH for the year do not exceed the capital budget, and that actual operating and maintenance expenses of PSNH for the year do not exceed the operating budget by more than 15% in each case without the prior approval of the Board of Directors.

For its services, NUSCO is entitled to be reimbursed for its actual costs, including reasonable compensation for necessary capital, as pennitted under the rules of the SEC under the Public Utility Holding Company Act (" Holding

- Company Act"), as if PSNH were an affiliate of NUSCO. In addition, PSNH releases NUSCO and its officers, directors, employees, egents, affiliates and independent contractors from any liability to PSNH for any action or inaction under the Management Services Agreement (except in the case of negligence or willful misconduct as therein defined). PSNH has agreed to indemnify NUSCO and such persons from any loss. injury, damage, liability or other cost or expense incurred during the course of performing NUSCO's obligations under the Agteemen;(other than damage, liability or cost arising out of the negligence or willful misconduct of NUSCO or such persons). NU and NUSCO have agreed to indemnify members of the Board of Dimturs and officers of PS NH if they incur liability or damage that arises out of the Management Services Agteement and av unable to recover for that liability or darnage from other sources, including PSNH and any directors and officera . biluy insurance.-

The Management Services Agreement will continue in effect until the earlier of the Merger or the termination of the Merger Agreement. NUSCO will be obligated, however, to provide services to PSNH under the Management Services ,

Agreement (if so requested by the Boed of Directors) after any termination of the Merger Agreement (a) for up to six months to assist PSNH in the transition to independent management awl (b) as muy be necessary to enable PSNH to fulfill its obligations to the Joint Owners ofSeabrook, for a period (with respect to Seabrook) which would terminate no later than g April 30,1995.

W g

Page 109g

i PUBLIC tERVict CoMPAsf or EtW HAMP$NIRE DeCe 31e 1990 An Origiret

- ......................" ..... ' ............................ " ........" o " ". ". " " " ". ' " " " " " " " " ' " " " " " " "

IMPc4f ANT CHANcts oVRING THE ttAR (Continued)

O~ ..................................... " " . " ' " " " "." " " " " " " " "." " " " ' " " " "

.. ... ... De. . .BoardoIDirectorso

. ... . .. .. . ". .. . . . "f PSNH which was appointed by t!w Equity Committce and the Creditor Comminee pursua to the Plan, has the responsibility urder the Management Services Agreement of eaercising, anaerting and defending PSNH's rights under the Management Services Agreement, the Plan and the Merger Agreement. Until the Merger, the Bankruptcy Court will have continuing jurisdiction to construe and take action to en'orce and implement the Management Services Agreement.

the Merger Merger Agreement. Upon the satisfaction of the conditions to'the Merger contained ic the Merger Agreement, IUAC will be merged with and into PSNH, with PSNH continuing as the surviving corporation. As a result of the Merger, PSNH will become a wholly. owned subsidiary of NU The shareholdera of PSNH at t!w time of the Merger will receive cash equal to $20 for each outstanding share of PSNH Common Stock (including shares issued or issunble as stock dividends).

Transfer of Seabrook Interest. On or aftet the consummation of the Merger, PSNH will transfer the Seabrook Interest to NAEC,in retum for a consideration consisting of approximately $495 million in cash and the assumption by NAEC of

$205 mill:en aggregate principal amount of the Notes. De transfer of the Seabrook Interest requires the prior approval of the NRC. The receipt of such approvalis a condition to the Merger, An application requesting such approval was filed on November 13,1990.

- Pre Merger Covenants of PSNH. %c Merger Agreement contains certain covenants of PSNU, including the following: (a) PSN!! will use its best effons to cooperate with NUSCO to obtain all approvals, consents and wmers -

required to be obtained by it from any party to effectuate the transactions contemplated by the Merger Agreement and will um hest efforts to satisfy the conditions to the Merger set out in the Merger Agreement; (b) except as required by law, as -

permitted or required by the Merger Agreement or under the Plan, or as NUSCO may otherwise agree, PSNH will not enter into any transaction or take any action which would result in any of the representations and warranties of PSNH in the 5

. Merger Agreement not being true and correct in any material respect at and as of the Merger Date, and will not amend its Articles of Incorporation or Bylaws, change the number of shares of capital stock outstandmg or issue or agree to issue any shares of capital stock or any rights to purchase or acquire its capital stock, or declare or pay dividends on or repurchase or redeem its common stock except out of carned surplus accumulated by PSNH after the Effective Date in excess of $*.

million and except for common stock dividends as provided in the Merger Agreement and in the Plan (sec " Stock Dividends"); (c) unless ordered to do so by an order of the Bankruptcy Court (unso'icited by PSNH, unless so nequired by law), the Board of Directors of PSNH will not directly or indirectly seek or solicit any proposal for the merger, purchase, sale, transfer or disposition of PSNH or substantially all of its assets, or (after the Effective Date) the entry of an order vece. ting or modifying the Confirmation Order; and (d) PSNH will issue the stock dividends described below.

Conditions to the Merger.The obligations of NU, NUSCO and NUAC pursuant to the Me rger Agreement are subject

- to the receipt of certain regulatory approvals and the satisfaction or waiver by NU at the closing of the Merger of certain other conditions.

_ lt is a condition to the Merger that all regulatory approvals must have been obtained and must be in full force and e frect and not centain any provision or te subject to any condition reasonably unacceptable to NU. nese agyrovals include the approval from the NHPUC referred to under "De Rate Agreement-NHPUC Proceeding"; and approvals of the FERC,

' the SEC and the NRC, and may also include approvals from utility regulators in Connecticut, Maine and Vermont.

Proceedings are currently pending at the FERC, the SEC and the NRC seeking approval of the Merger transactions. Dese federal apprnvals are discussed separately below.

FERC Approval. The FERC has jurisdiction over specified activities of public utilities under the Federal Power Act (the "FPA"). NU filed with the FERC the Seabrook Power Contract and the proposed Capacity Exchange Agreements and Sharing Agreement between PSNH and the NU System companies. An initial decision issued on December 20.1990 by an administrative law judge of the FERC found the Seabrook Power Contract, with two changes, the Sharing Agreement and the Capacity Exchange Agreements, with one change, to be just and reasonable. See "The Rate Agreement--Seabrook Rate Treatment" and "-- Sharing and Capacity Ajpee.ments,",

Page 109h

- ,-- ,g-. - - - ,- ,- - ,

. - - - ---~ -. ~ .- - _ ~.- - . - - - - - _ . - - - _ - - . .

PustlC SERVICE COMPANY of htW HAMP$Nitt Dec. 31; 1990-An original

-~

IMPoATANt CHANGES DURlWG THE YEAR (Continued)

- On December 20,1990, the administrative law judge issued a decision recommending approval of and finding consistent _with the public good NU's proposed acquisition of the Company, subject to several conditions. The

_ principal conditions, nearly all of which were proposed by NU, address transmission issues.Thejudge concluded that the acquisition would have teen anticompetitive without cormiitions addessing the merged company's resources in selling and transmitting bulk power in New England, but that it is in the public interest when conditiored on compliance with general transmission commitments aral a New Hampshire Corridor Proposal substantially the same as those which NU had proposed as conditions in its FERC application. Virtually every sigruficant finding of the decision is subject to review by the full Commission. T!= FERC may accept or reject all or any part of the initial decision. *Ihe FERC's decision is expected to be issued in the second quarter of 1991.

SEC Approvat The Holding Company Act provides for comprehensive regulation by the SEC of the activities, .

. operations and financing of registered holding compan;es and their subsidiaries. NU is a registered holding

- company urxler the Holding Company Act.

j On October 6,1989,NU and NUSCO filed an application / declaration with the S EC with respect Io the acquisition of PSNH by NU,the transfer of the Seabrook Interest from PSNH to NAEC, the securities issuances and financings in connection therewith, and related tramactions. On December 21,1990, the SEC issued an opinion and order

- approving the acquisition of PSNH by NU, the transfer of the Seabrook Interest and certain of the securities.

issuances, financings and related transactions descrited in that application. At the request of NU and NUSCO, t!e SEC reservedjurisdiction over certain other securities issuances, financings and other transactions relating to the Merger.

Two intervenors, the City of Holyoke Oas and Electric Department ("HO&E") and the Massachusetts Municipal -

Wholesale Electric Company ("MMWEC") petitioned the SEC for a rehearing. On March 15,1991 the SEC issued a supplemental order granting the requests for reconsideration and affirming its prior approval of the acquisition conditioned upon t!= issuance by the FERC of a final order approving the Merger under section 203 of the FPA. On March 18,1991, HO&E filed a notice of appeal of the supplemental order to the United States Court of Appeals for the District of Columbia Circuit ("CA D.C."). In addition, HO&E. MMWEC and the Mas.

sachusetts Systems, a group of eleven Massachusetts electric systems, have appealed the initial order of the SEC

- to the CA D.C.,

4 In addition, the organization, financing and conduct of business of NAESC require the approval of the SEC, and an application for that approval was filed on January 14,1991, NRC Approvat The transfer of PSNH's Seabrook Interest to NAEC and NAESC's assursption of eperating re.

sponsibility for Seabrook require amtodments to the NRC cperating license for Seabrook. On November 13,1990, applications for those amendments were filed with the NRC.

Consummation of the Merger is subject to other conditions, including the following: (a) the Joint Owners shall have provided all consents,if any, which are required for the transfer by PSNH of the Seabrook Interest to NAEC -

and the rnanagement and operation of Seabrook by NAESC; (b) there shall not have been a material adverse change in the condition (financial or otherwise), business, properties or results of operations of PSNH and its

- subsidiaries taken as a whole during the period from June 30,1989 to the Merger Date, and PSNH shall not have a material exposure not reflected on its financial statements as of June 30. 1989 or tie notes thereto to

- environmental, toxic substance, hazardous waste, occupational safety and health, pension or other employee claims, all as reasonably determined by NU, provided that such change or exposure was not caused primarily by NUSCO pursuant to the Management Services Agreement; (c) NU shall have made bank or other financing arrangements reasonably satisfactory to NU to provide the funds required to satisfy the cash payment obligations

of the Merger Agreement (provided that NU shall have used its best efforts to make such arrangements); (d) all .

representations and warranties made by PSNH in the Merger Agreement shall be true arxl correct in all material i

i Page 1091 i~

,, -. .n . - , , - - - , - - - - -

l PVSLIC SERVICE COMPANY of ltEW HAMPSHIRE Dec. 31,1990 An original ,

........................................................................................................................... [

i IMPoRtANT CHAhCt$ DURING THE TEAR (N.......................................................................(Continued)........... .. .................................... l I

l i

respects as of the date made, and on and as of the Merger Date, with the same force and effect as though made on and as of the closing date of the Merger (except as affected by the transactions contemplated by the Merger '

Agreement); (e) PSNH shall have performed and complied in all material respects with all covenants, obligations and agreements to te performed by it on or be foie the closing date of the Merger punuant to the Merget A greement  ;

arxl the Management Services Agreement;(O the Confirmation Order shall haye tecome a final order; and (g) the Merger Date shall have occurred nolater than Decembet 31,1991 (unless extended with the consent of the parties). j NU currently expects that the cash requirements of the Merger will be met through an equity contribution from  !

NU and approximately $495 million of cash received by the Company from N AECin connection with the trafer of the Seabrook Interest. NAEC is expected to taise the cash required to acquire tir Seabrook Interest duough the sale of approximately $355 million of first mortgage bonds and through an equity contribution of approximately  ;

$140 million from NU. NU is expected to raise the funds required for its equiry contritmtions to the Company and NAEC through a combination of bank borrovgs and sales of its common shares.

State Approvals. The NHPUC issued its decision implementing the Plan on July 20,1990. See "The Rate Agreement ..NHPUC Proceeding." On January 28, 1991 the NHPUC issued a decision granting certain supplemental approvals with respect to the financing contemplated by the first step of the Plan. In addition, utility regulatotiin Maine, Vermont,and Connecticut have approved certain aspects of the transactions contemplated by the Plan. By its orders of June 18,1990 ac > "ebruary 5,1991, the Maine Public Utilities Commission approved or exempted from its aproval all financiq -l other transactions contemplated by the Plan.The Vermont Public Service Board, in orders issued on July 20,1990 and February 5,1991, approved all financing and other  ;

transactions contemplatedby the Plan. On August 29,1990, the Connecticut Department of Public Utility Control

' (the "CDPUC") issued two decisions concerning the financing and otber transactions contemplated by bodi steps of the Plan. The first decision, waiving the requirement that the CDPUC approve the financing contemplated by the first step of the Plan.is conditioned on such financing conforming to the terms of the NHPUC's July 20,1990 order and any order supplemental to it. The second decision, approving the financing and other transactions I contemplated by the second step of the Plan,is conditioned on such financing conforming to tie tenns of the NHPUC's July 20,1990 order and any order supplemental to it and on all other transactions conforming to the terms of the Plan. In addition, the CDPUC explicitly reservedjurisdiction to review any additional or different ,

arrangements that may be imposed by the FERC and,if any such arrangements are imposed, to modify or tevoke the approvals of the financing. other transactions and arrangements contemplated by He second step of the Plan.

Stock Dividends. From the Effective Date until the Merger occurs, PSNH will pay each quarter to all holders ofits Common Stock a dividend consisting of additional shares ofits Common Stock, at a quarterly rate of 2% during 1990 and ,

3% thereafter.The stock dividends began to accrue on July 1,1990. The Plan does not obligate the Company to continue I

to declare stock dividends if the Merger does not occur Dividends at the rate of 2% for each of the quarters ended Sep.

tember 30 and December 31,1990 and at the rate of 3% for the quarter ended March 31,1991 will have been declared prior to the Effective Date and will be distributed in connection with the distributions under the Plan. ,

t NUSCO Service Contracts. NUSCO will enter into service contracts with PSNH, N AEC and N AESC (the "NUSCO Service Contracts")in substantially the same form as the se rvice contracts it has with tie current NU operating subsidiaries.

The NUSCO Service Contracts, which were approved by the NHPUC in its July 20,1990 decision. will become effective upon the consummation of the Merger. Pursuant to the NUSCO Service Contracts, NUSCO will provide to PSNH and NAEC centralized accounting, administrative, data processing, engineering, financing, legal, operational, and planning services. ,

F

\

N...................................................................................................................... >

Page 109J y l

PUBtlC stRVICE COMPANY OF NEW cAMPSHIRE Dec. 31, 1990 An originat

.. . .. .................................. -,......-~~~~.- ~~. ~.. -~...-~..-----..-~~~~~~

IMPORtAki CMAGES DURlhG THE YE AR (Continued)

.. .. . . .. ... .. .. . . . . ...... ... . .. .. .. ~ . ~ ~~.~.~.- ...~. . . - - - . . ~ . . . - ~ . . . ~ . . ~

Termination.The Merger Agreement may te terminated-(a)by mutual written consent of the Board of Directors of PSNH and NUSCO; (b) by NU, by written notice to the Board of Directors of PSNH,if any final, non. appealable order is entered denying any of the regulatory approvals necessary for the Merger, or if any other closing corxtition of NU to the Merger is reasonably determined by NU to have become incapable of being satisfied on or tefore the date on which the Merger Agreement will terminate by its terms, provided such incapacity has not been caused by a material breach by NU of any ofits covenants under the Merger Agreement;(c) by the Board of Directors of PSNH.by wrinen notice to NU,if any closing condition of PSNH to the Merger is reasonably determired by the Board of Directors of PSNH to have become incapable of being satisfied on or before the date on u hich the Merger Agreement will te rminate by its terms, provided such incapacity has not teen caused by a material breach by PSNH of any ofits covenants under the Merger Agreement;(d)by NU, or by the Board of Directors of PSNil, by written notice to the other, if the Merger has not occurred on or before December 31,1991 or such later date as shall be agreed to by the parties;(c) prior to the Effective Date, by NU, or by the Board of Directors of PSNH. by written notice to the other, if the Plan is terminated or the Confirmation Order is vacated or reversed by a final order of a court having jurisdiction; or (f) by the Board of Directors of PSNil, by written notice to NU, upon the acceptance by the Board of Directors of an offer by a person other than NU or one of NU's affiliates (which offer shall not have been sought or sobeited by or at the direction of the Board of Directors) to acquire PSNH, merge or consolidate with or into PSNH, or purchase all or substantially all of PSNH's assets.

Subject to certain exceptions described below. PSNH will reimbese NU for its reasonable out of. pocket costs, fees and expenses (up to a maximum of $45 million) incurred in connection with the Bankruptcy Case,the Merger or related transactions at the time of the Merger or,if the Merger Agreement is terminated after the Effective Date, within 30 days after such termination. NU will not te entitled to such reitnbursement if the Effective Date does not occur or if the Merger Agreement terminates (a) as a result of NU's, NUSCO's or NUAC's breach thereof or (b) because of the failure of the g financing condition to the Merger Agreement at a time when there has not been a material adverse change in the cost or W availability of funds to NU when compared to the conditions existing on November 22,1989. If the Merger does not occur, PSNH will not be allowed to recover the amount of such reimbursement from customers through electric rates.

In addition,if termination of the Merger Agreement occurs after the Effective Date as a result of a breach of the Merger Agreemem by PSNH, a failure by the Board of Directors of PSNH to extend the date for consummation of the Merger to a date not later than July L 1993 or the acceptance by the Board of Directors of PSNH of another offer to acquire, merge or consolidate with or nto PSNh, &n PSNH must pay NU a tennination fee of $25 million. If the Meyer does not occur, PSNH will not be allow ed to recover the amount of such payment from customers through electric rates. li'ermination is the result of a breach of the Merger Agreement by NU, NUSCO or NUAC or a failure by NU to extend the date for consummation of the Merger to a date not later than July 1,1993, then NU must pay PSNH a termin stion fee of $?.5 million.

FederalIncome Tax Allocation Agreement. At the time of the Merger, PSNH will beccese a party to tt e federal income tax allocation agreement (the " Tax Allocation Agreement") among the members of tb consolidated group of w hich NU is common parent for federal income tax purposes (the "NU Group"). The Tax Allocation Agreemera req. tires each member of the NU Gioup to pay to NU the amount,if any, that would have been its feceralit.come tax liabildv ifit had filed a separate retum, with certain adjastments, and requires NU to distribute the excess vthe sum of such payments over the NU Group's consolidated federalincome tax liabihty amocg those memters of the NU Group that had tax items that reduced the NU Group's current consolidated tax liability.

. . .. .. .. . . .. .. .. . . .. .. . . . . .. ~ . ......... ..

O Page 10%

I PUBLIC stRvlCE CoMPAL7 of REW HAMP1Hitt DIc. 31, 1990 $

An original ,

........................................................................................................... .e .... .e.....

A IMPoRf ANT CHAWcts Dual 4 tHE ttAt (Continued) [

U ..........................................................................................................................

LEGAL PROCEEDINGS On January 28,1988, the Company filed a petition for reorganization urder Chapter 11 of the Bankruptcy Code. Since i then, the com pany has been operating its business as a debtor in-possession urder the jurisdiction of the B ankruptcy Court.

%e Company will emerge from banbuptcy on the Effective Date. However, until the Merger Date, the Bankruptcy Court will have continuing jurisdiction over certain matters relating to the Plan and the Bankruptcy Case, including jurisdiction to (a) resolve unliquklated or disputed claims, (b) construe and take action to enforce ard implement the Plan, the Merger ,

Agreement and the Management Services Agreement, and (c) issue orders to expedite regulatory approva's relating to the Merger. For a description of the Company's bankruptcy proceedings, see **Re Company's Bankruptcy Case and the Plan of Reorganization."

On March 1,1990 an acuen was commenced in United States District Court for the District of New Hampshire captioned Dominick Zaccoli v. Robert J. Harrison, et al.,(No. C.90100.L). %e action is brought indivMually and as a purported class action on behalf of all other similarly situated people against certain former directors and officers of the Company. De Company is not named as a de fendat; however, the Company has agreed to indemnify such fonner officec; and directors. The complaint alleges claims under Section 10(b) of the Exchange Act and Rule 10b-5 promulgated thereunder and under certain provisions of the New Hampshire Blue Sky laws (RS A 421.B), ard also alleges breach of contract claims arising out of the Company's suspension of the warrants that were issued in connection with the public offering of the Company's 171/2% Debentures due 2004. The complaint seeks damages in an unspecified amount and costs '

and attorney's fees.

O V %e retail portions of PSNH's fuel costs and energy expense of purchased power have been collected throug'- the [

Ene rgy Cost Recovery Mechanism (ECRM"), approved semiannually by the NHPUC.%e ECRM component of rates had

' last been established based upon the estimates of fuel and energy costs for the last six months of 1989. The commercial operation of Seabrook, beginning on June 30,1690, reduced PSNH's fuel and energy costs, creat;ng an overrecovery as of December 31,1990. On January 7,1991. the NHPUC ordered a 13.1% seduction in PSNH's rates to reflect the lower costs recoverable through ECRM and to begin returning the overcollection to retail customers. ,

b i

t 6

b v ..... ............................... ............ ......... ............. .... ... . .. ...... ..... .............. ......

Page 1091 r

PU LIC $ERYlCE COMPANT OF WEU HAMP$NIRE Dec. 31, 1990 An Origirst COMPARAi!VE SALANCE SHEET (ASSEi$ AND OthER DEBlis) l l Ref. l Balance at l Satance at l Linel iltte of Account l Page No. lBeginning of Year l End of Year l N). l (s) l (b) l (c) l (d) l

...................................................................................,.......................................)

1 UilL11Y PLANT 2 Utility Plant (101 1D6, 114) 200 201 1,017,749,764 2,493,745,752 3 construction work in Progress (107) 200 201 1,530,064,585 6,761,699 4 TOTAL Utility Plant (Enter Total of lines 2 and 3) 2,547,814.349 2,500,509,451 5 (Less) Accum. Prov. f or Depr. Amort. Dept. t108,111,115) 200 201 358,826,886 382,565,222 6 het Utility Plant (Enter Total of line 4 less 5) 2,208,987,463 2,117,944,229 7 Nuclear Fuel (120.1 102.4,120.6) 202 203 7,588,871 85,380,861 8 (Less) Accum. Prov. f or Assrt. of Nuct. Fuel Assentt ies (120.5) 202 203 4,982,660 15,564,165 9 tot Nuclear Fuel (Enter Total of line 7 tens 8) 2,606,211 69,816,696 10 het Utility Plant (Entsr total of lines 6 and 9) 2,211,593,674 2,187,760,925 11 Utility Plant Adjustments (116) 122 - -

12 Ces storsd underground-Noncurrent (117) - -

13 OTHER PROPERTY AND INVESTMENTS 14 Nonutility Property (121) 221 859,464 859,468 15 (Less) Accum. Prov f or Depr. and Amort. (122) 524,335 543,396 16 Investn~nts in Associated Companies (123) - -

17 investment in subsidiary Companies (123.1) 224-225 21,273,338 21.086,766 18 (For Cost of Account 123.1, See Footnote Page 224, line 42) 19 other Investments (124) 155,319 150,019 20 special Funds (125 128) 714 714 21 TOTAL cther Property and investments (Total of lines 14 thru 17,19,20) 21,764,534 21,553,571 22 CURRENT AND ACCRUED ASSETS 23 Cash (131) 76,525 11,330,781 2$ speclet Deposits (132*134) 4,633,979 35,515,951 25 Working Funds (135) 14,370 14,970 26 Temporary Cash Investments (136) 44,047,330 52,410,931 27 Notes Recetvable (141) 16,585 15,927 28 Custoner Accounts Receivable (142) 58,676,887 50,520,90S 29 other Accounts Receivable (143) 5,597,492 10,108,309 30 (Less) Accum. Prov. f or Uncollectible Acct.-Credit (144) 1,580,586 2,360,882 31 totes Receivable f rom Associated Companies (145) - -

32 Accounts Receivable f rom fisoc. Canpanies (146) - -

33 Fuel Stock (151) 227 18,859,544 28,441,942 34 Fuel Stock Expense Undistributed (152) 227 139,125 (4,290) 35 Residuals (Elec) and Extracted Products (Gas) (153) 227 - -

56 Plant Material and Operatin; Supplies a154) 227 18,680,091 32,891,594 37 Merchandise (155) 227 - -

18 other Material and Supplies (156) 227 - -

39 Nuclear Materiets Held for Sete (157) 202 203/227 - -

40 stores Expenses Undistributed (163) 227 242,832 1,085,545 41 Ces Stored Underground - Current (164.1) - -

(2 Liquefied Naturat Gas stored (164.2) - -

43 Liquefied Natural Gas Nela for Processing (164.3) - -

44 Prepayments (165) 17,987,263 8,244,382 45 Advances f or Gas Explor., Devel, and Prod. (166) - -

46 Other Advances for Gas (167) -

• 47 Interest and Olvidends Receivable (171) 448,524 190,300 48 Rents Receivabse (172) - -

49 Accrued Utility Revenues (173) 17,669,783 14,838,848 50 niscellaneous Current and Accrued Assets (174) 13,742,226 5,670,095 51 TOTAL Current and Acrued Assets (Enter Total of lines 23 thru 50) 199,251,970 248,915,308 Pa,e m e

POOLIC $ERYlCt COMPANY OF TE'J hah #$XIRE Dec. 31, 1990 An Original COMPARAflVE BALANCE SH(ET (A$SE15 AND OTHER DEllis) Contf nued

(N).........................................................................(...........).......................................

g .

l l Ref. l Balance at l 6alance et l Linel Title of Account j Page ho. [Beginning of Year l End of Year l l No.l- (a) l (b) l (c) l- (d) l

.............................................................................................................................g 52 DEFERRED DEBliS >

53 unamortized Debt Expenses (181) 4,?94,441 4,478,856 54 Extraordinary Property Losses (182.1) 230 - -

55 Unrecovered Plant and Regulatory Study Costs (182.2) 230 - -

t 56 Prella. Survey and Investigation Charges (Electric) (183) 2,563,520 9,566,134 57 Prelim. Sur, and Inves*. Charges (Gas) (183.1., 183.2) - -

58 Clearing Accounts (184) 1,344,261 770,272 L

$9 Temporary Facilities (185) - -

60 Miscettaneous Deferred Debits (186) 233 6,7D8,644 17,488,129 61 Def. Losses from Disposition of UtlLity Plt. (187) - -

62 Research, Devel, and Demonstration lapend. (188) 352 353 - -

63 Unamortized Loss on Reacquired Debt (189) - -

64 Accunulated Deferred income f ases (190) 234 - -

65 Unrecovered Prechased Gas Costs (191) - -

66 TOTAL Deferred Debits (Enter Total of Lines 53 thru 65) 14,910,866 32,303,393 67 Tot AL Assets and other Debits (Enter Total of lines 10, 11, 12, -- -

21, 51, and 66) 2,447,521,014 2,490,533,197 C

\%

t i

i e

< Page ill s

U

n 1

-PUBLIC SERVICE COMPAN7 0F NEW HAMPSNIRE - Dec. 31, 1990 An Original' CCMPARATIVE SALANCE SHEET (LIAllLITIES AND OTHER CREDITS) l l Ref. l- Balance at- l Balance'at l

'Linel Title of Account l Page No. lBeginningofYearl End of Year l:

No.l' (a) l' (b) l- (c) l (d) l

..........................i......'.............................................................................................l' 1 .

PROPRIETART CAPITAL 2 Caseen Stock Issued (201) 250 251 210,772,740 210,772,740

.3 Preferred Stock losued (204)-- 250 251 469,200,236 469,200,236 4 Capital stock subscribed (202, 205) 252 - -

.5 $tock LiabitIty for Converaion (403, 206). 252 --

6 Premita on Capital stock (207) 252  : 430,017,590 430,017,590 M ' Other Pald in Capitet (208 211)- 253 5,402,299 5,402,299 8 Installments Received on Capital Stock (212) 252 - -

9 (Less) Discount on Capital Stock (213) 254 - -

10- (Less) Capital Stock Expense (214) 254 -

11 Retained Earnings (2M, 215.1,- 216) ' -

118 119 (535,841,469) (744,846,535)

12 unappropriated Undletricuted stbsidiary Earnings (216.1) 118 119 3,647,086 2,639,612 13 (Less) Reacquired capitet stock (217) 250 251 - -

16 TOTAL Proprietary Capital (Entor Total of lines 2 thru 13) 583,196,482 373,185,942

' 15 - LONG-TERM DE8t

- 16 Bonds (221).- 256-257 441,063,000 441,063,000 1P (Less) Reacquired Bonds (222) 256-257 1,278,000 1,278,000 18 Advances from Associated Companies (223) 256 257 - -

19 other Long Term Debt (224)- 256 257 - - .

20 Unamortired Premlun on Long Term Debt (225) 59,99C 49,278 21 (Less) Unamortired Olscount on Long Term Debt Debit (226) 100,754,148 99,564,746 22 TOTAL Long Term Debt (Enter Total of lines 16 thru 21) 339,090,842 340,269,532 .

23 OTHER WONCURRENT LIABILITIES

.24 Obtigations under capital Leases Noncurrent (227) - 186,209 129,522 25 Acctuulated Provision for Property Insurance (228,1) -

26 Accumulated Provision for Injuries and Damages (225.2) 1,859,567 1,312,150 27 Accumulated Provision for Pensions and Benefits (228.3) ~ -

28 Acetautated Miscettaneous operating Provisions (228.4) - 500,000 29 AcctanAsted Provision for Rate Refmds (229) 382,643 29,415,776

- 30 TOTAL other Noncurrent Liabilities (Enter Total of lines 24 thru 29) 2,428,419 31,357,448

' 31 ' CURRENT AND ACCRUED LIABILITIES 32 Notes Payable (231) 100,000,000 100,292.000 33 Accounts Payable (232) 70,015,323 60,277,782

? 34 Notes Payable to Associated Companies (233) . - *

,35 Accomts Payable to Associated Companies (234) 3,060,547 2,951,395 ,

36 Customer Deposits (235) 3,012,271. 3,863,233  !

37 Vaxes Accrued (236) 262 263' 1,818,854 4,518,071 .

. 38 Interest Accrued (237) 87,627,284 .303,545,476  !

39 Dividends Declared (238)~ -

- 60 Matured Long Term Debt (239) 1,038,672,728 1,038,672,728 41 Matured Ir.terest (240) 103,981,435 103,981,436

=62 Vax Cottections Payable (241) .

- 646,454 125,483

-. 63 - Miscellaneous current and Accrued Liabilities (242) 78,514,288 93,548,803 44 - Obligation; under capital Leases Current (243) 50,307 56,687

'65 70TAL Current and Accrued Liabilities (Enter Total of lines 32 thru 44) 1,487,399,491 1,711,832,594 Page 112

PUBLIC SERVICL COMPA%Y OF NEW HAMP$Nitt Dec. 31,1990 An Original

- (m) s COMPARAllVE BAL ANCE SHEET (Ll ABILif f E5 AND ofMER CREDITS) (CONTINUED) ssi...........................................................................................................................

l l Ref. l Balance at l Balance at l Linel title of Account l Page No. lBeginningofY2arj End of Year l NT.l (a) l (b) l (c) l (d) l ,t

.............................................................................................................................l i 46 DEFERRED CREDifs 47 Customer Advances for Construction (252) 188,156 172,928 48 Accupulated Deferred Investment tax credits (255) 266-267 16,669,272 15,990,028 49 Deferred Cains from Disposition of Utility Plant (256) . .

50 other Deferred credits (253) 26v 17,846,352 17,024,725 51 Unemortised Cain on teacquired Debt (257) . .

52 Accom.itated Def erred Income taxes (281283) 272 2T7 700,000 700,000 53 total Deferred Credits (Enter Total of lines 47 thru 52) 35,403,780 33,887,681 ,

54 55  ;

56 57 58 59 60 61 62 63

• 64 65 66 ................. ................

67 TOTAL Liabilities and other Credits (Enter Total of lines 14, 22, 30, 45 and 53) 2,447,521,014 2,490,533,197 f-............................................................................................................................,

(w a i

i r

i s

/i r G Page 113 i

I

PUBLIC SERVICE COMPANY OF HEW HAMPSHIRE Dec. 31, 1990 An Original STATEMENT OF ihC S E FOR THE YEAR

1. Report arounts for a: counts 412 and 413, Revenue and 5. Give concise explanations concerning msettled rate pro-Expenses from Utility Plant leased to Others, in another ceedings where a contingency exists such that ref trds of a utility colum (i,k,m,o) in a similar manner to a utility material amomt may need to Le made to the utility's custo-department. Spread the amomt(s) over lines 01 thru 20 as mers or which may result in a material refmd to the utility cppropriate. Include these amounts in cot w ns (c) and (d) with respect to power or gas parchases. State for each year totals. af fected the gross revenues or costs to which the contingency

2. Report amomts in accomt 414, other Utility Operating relates ard the tax ef fects together with an explanation of Income, in the same manner as accounts 412 ard 413 above, the majnr f actors which af fect the rights of the utility to

3. Report data f or lines 7, 9, ard 10 f or hatural cas com- retain such revenues or recover enounts paid with respect to panies using accounts 404.1, 404.2, 404.3, 407.1, and 407.2. power and gas purchases.

4. Use page 122 for important notes regarding the statement 6. Give ccocise explanations concerning significant amomts of ineme or any account thereof, of any refunds made or received Wring the year resulting l l l (Ref.) l TOTAL l l l l Page l

-*--*--------l lLinel Account l ho. l Current Year lPreviouaYear l l to l (a) l (b) l (c) l (d) l i..... ....... ... .. . . .. .. .. .. . .. . . ..... . ........ ......... ...;

j 1l UTILITY OPERAflhG lhCm E l l l l l 2 l Operating Revenues (400) l 300-301 l 660,122,399 l 624,137,361 l l l [ j... .........l...............l l 3 l Operating Expenses l l l l l 4l Operation Expenses (401) l 320 323 l 455,704,726 l 392,989,829l l 5l Maintenance Expenses (402) l 320-323 l 53,459,072 l 41,424,812l l 6l Depreciation Expense (403) l 336 338 l 55,107,234 l 33,996,552l l 7l Amort. & Dept. of Utility Plant (404 405) l 336 338 l 113,765 l 48,182l l 8l Amort. of Utility Plant Acq. Adj. (406) l 336 338 l 0l 0l l 9l Arnort, of Property Losses, Unrecovered Plant and l l l l l l Gegulatery study Costs (407) l l 0l 0l l 10 l Amort, of Conversion Expenses (407) l l 0l 0l l 11 l Taxes Other Than income Taxes (4C8.1) } 262 263 ] 32,153,240 l 29,403,091l l 12 l Income Taxes - Federal (409.1) l 26b 263 l 464,669 l 21,127,334 l l 13 l - Other (409.1) l 262 263 l 67,875 l 50s,768l l 14 l Provision for Deferred incme Taxes (410.1) l234,272 277l 712,773 l 7,142,939l l 15 l (Less) Provision for Deferred incme Taxes Cr. (411.1) l234,272 277l 40,165 l 42,069l l 16 l Investment Tax Credit Adj. - het (411.4) l 266 l (67V,244)l (57.1,798)]

l 17 l (Less) Cains from Disp. of Utility Plant (411.6) ] l 0l 8,207l l 18 l Losses from Disp. of Utility Plant (411.7) l l 0l 0l l l l l................l................l l 19 [ TOTAL Utility Operating Expenses (Enter Total of lines 4 thru 18) l l 597,063,145 l 526,010,433l l l l i................l................;

l 10 l Net Utility Doe:ating income (Enter Total of line 2 tess 19) l l , l l l (Carry forward to page 117, line 21) l l 63,059,254 l 95,128,928l ROTE: Operating Revenues (line 2) f or Previous f ear has been adjusted by $4,749,475 to reflect compliance with FERC Order he. 529 regarding bulk power transactions.

Operation Expenses (line 4) for Previous Year has been adjusted by $(9,922,594) to reflect conpliance with FERC Order No. 529 regarding bulk power transactions (54,749,475) and rect assification of Bankruptcy Related Expenses to Accomt 426.5 per AICPA statement of Position 90 7 ($(14,672,069)).

Inc me Taxes - Federal (409.1) (line 12) for Previous Year has been adjusted by $4,938,504 to reflect the tax inpact of tne reclassification cf Bankruptcy Related Espenses to Account 426.5 per AICPA Statement of Posit:3n 90-7.

Page 114

_ - _ _ _ _ - _ _ _ _ - _ _ _ - _ _ _ _ _ _ _ _ _ _ - - - _ _ _ - - _ - _ - _ _ ~

PUBLIC $ERVICE COMPANY Of NEW HAMP$N!RE Dec. 31, 1990 An Original

$fA1EMENT OF INCOME FOR THE YEAR (Continued) from settlement of any rate proceeding effecting revenues had an effect on net income, incltading the basis of alloca-  ;

received or costs incurred for power or gas purchases, and tions and apportionments frca those used in the preceeding  ;

a swenary of the adjustments made to balance sheet, inccne year. Also give the approximate dot ter ef fect of such changes.

and expense accounts. 9. Emptain in a footnote if the previous year's figures are

7. If any notes appearing in the s eport to stockholders er different from that reported in prior reports.

applicable to this Statement of Income, such notes may be 10. If the colmns are insuf ficient f or reporting additional  ;

attached at page 122. utility departments, supply the appropriate account titles,- l

8. Enter on page 122 a concise explanation of only those lines 1 to 19, and report the information in the blank space changes in accounting methods made during the year which on m ge 122 or in a s @plemental statement.

l ELECTRIC Vi!LITY l GAS OilLITY l OTHER UllLlif l l ,

j....................................g.................................j.................................l l l Current Year l Previous Year l Current Year j Previous Year l Current Year l Previous Year lLinel l l (e) l (f) l (9) l (h) l (i) l (j) lNo.l t j...............................,............... ... .... .. .. . ......... ... .. . .. .. ..... ..

.....l l l l l l l l 11  :

I 660,122,399 l 624,137,361 l l l l l 2l ,

............ ......j.................;.................. .......... .. .. .i........... ......l. .... .........; l 1 1 I I I i !3I  !

l 455,704,726 1 392,989,s29l l l l l 41 l 53,459,072 l 41,424,812l l l l l 5l l 55,107,234 l 33,996,552l l l l l 6l i l 113,7651 48,182l l l l l 7l .

01 01 I 1 1 l l al f I I I I I l l 9l  !

l 01 01 I l l l l t 01 l101 1 0l 1 l l 1 32,153,240l 29,403.091 l l l l l111 I 464,6691 21,127,334 l l l l l 12 l l 67,875 l 501,76a i l l l l13l I 712,773 1 7,142,939l l l l l14l l 40,965l 42,069l l l l l 15 l l (679,244)l (573,798)l l l l l16l i l 0l 8,207l l l l l 17 l ,

1 0l al I i 1 l 18 i

• g...................j................;..................i.................;.................g..................; i l 597,063,145 l 526.010,433 l l [ J l 19 l l.................l.................l.................!. . . .. .........;. ................;... ... ........ .i l l l l 1 l l l 20 1 98,126,928 l l l l l l

.l . . . . . .........................................

63,05 9,254 l ... ........... ... ..... ..... ..... ..... ... ... ... ,.......... ,

t-3 i

i Page 115 Next Page is 117 s

h

O 6

a el THIS PAGE MAS BEEN INTENil0NALLY LEFT BLAhK O

O

IIn Idllp Illll l

PUBLic SERVICE COMPANY OF NEW KAMP5 HIRE Dec. 31, 1990 An Original I J STATEMENT OF INCOME FOR IME 1 EAR (Continued) v ... . .............. ......................... ....... ....... ......................... .................................

Ref. TOTAL page ...............................

Line Account No. Current Year Previous Year No. (a) (b) -(c) (d) 21 het Utility operating Income (Carried forward from page 114) 63,059,254 98,126,928 22 other income and Deductions 23 Other Income 24 Nonutitity Operating Income 25 Revenues From Merchandising, Jobbing and Contract Work (415) - -

26 (Less) Costs and Exp. of Merchandising, Job. & Contract Work (416) - -

27 Revenues From Nonutility Operations (417) - * *

?? (Less) Expenses of Nonutility Operations (417.1) - -

29 Nonoperating Rental Income (418) 10,699 11,347 30 Equity in Earnings of Subsidiary companies (418.1) 119 1,100,591 1,609,329 31 Interest and Dividend Income (419) 5,772,316 10,166,953 32 Attowance for Other Funds used During Construction (419.1) 230,471 453,902 33 I Misectlaneous Nonoperating income (421) 226,561 183,556 34 I in on Disposition of Property (421.1) 18,109 257,788 as .01AL Other income (Enter Total of Lines 25 thru 34) 7,358,747 12,682,675 36 Other income Deductions 37 Loss on Dicposition of Property (421.2) - -

35 Miscellaneous Amortization (425) 340 - -

39 Miscellaneous income Oeductions (426.1426.5) 340 30.236,667 351,529,673 40 tof AL Other income Deductions (fotal of lines 37 thru 39) 30,236,667 351,529,673 41 f axes Applie, to other Income and Dedu:tions 42 tanes other Than income f ames (408.2) 262 263 33,206 25,047

, 43 Income lanes - Federal (409.2) 262 263 (464,669) (21,181,762) t 44 income Tames - Other (409.2) 262 263 - (386,159) 45 Provision for Deferred inc. tames (410.2) 234,272 277 (671,808) (72,284,086) 46 (Less) Provision for Deferred Income taxes Cr (411.2) 234,272 277 - -

47 investment Tax Credit Adj. Net (411.5) - -

48 (Less) Investment Tax Credits (420) - -

49 TOTAL f ames on Other income and Deduct. (total of 42 thru 48) (1,103,271) (93,826,960) 50 Net Other Income and Deductions (Enter total of lines 35, 40, 49) (21,774,649) (245,019,838) 51 Intectst Charges 52 Interest on Long Term Debt (427) 263,309,584 91,330,793

• 3 Amortization of Debt Disc. and Expense (425) 1,366,491 1,448,724 54 Amortization of Loss on Reacquired Debt (426.1) - -

55 (Less) Amort, of Premium on Debt Credit (429) 10,711 10,711 56 (Less) Amortization of Gain on Reacquired Debt - Credit (429.1) - -

57 Interest on Debt to Assoc. Companies (430) 340 . +

SS Other Interest Expense (431) 340 1,229,966 558,199 59_ (Less) At towance f or Borrowed _ Fuida used During Construction Cr. (432) 14,598,171 36,983,069 60 Net tnterest Charges (Enter Total of lines 52 thru 59) 251,297,159 56,343,936 b1 Income Bef ore Extraordinary items (total of lines 21, 50 and 60) (210,012,554) (203,236,846) 62 Extraordinary items 63 Entraordinary income (434) - -

4 64 (Less) Entraordinary Deductions (435) -

730,764,690 65 Net Extraordinary items (Enter fetal of line 63 Less line 64) 0 ( 730,764,t90) 66 incone Taxes - Federat and Other (409.3) 262 263 -

67 Extraordinary items After fames (Enter Total of line 65 less line 66) 0 (730,764,690) 68 Net incone (Enter total of lines 61 and 67) (210012,h54)l 934001,h36)

NOTE: Miscellaneous Income Decuctions (426.1426.5) (tine 39) and income Taues - Feoerat (409.2) (line 43) for Previous Year adjusted by $14,672,069 and 54,988,504, respectively, to reflect reclassification of Bankruptcy Related Expenses

,,) - and the resulting tax impact per A!CPA Statement of Position 90 7, Page 117

PUBLIC SERVICE COMPANY OF HEW hAMPSNiet Dec. 31,1990 An Original STAllMENT OF RETAthED EARN!hCS FOR THE YEAR h

1. Deport at t changes in appropriated retained earnings, unap. Ings. Follow by credit, then debit items in that order.<*

propricted retained earnings, and unappropriated undistributed 5. Show dividends for each class and series of capital stock.

subsidiary earnings for the year. 6. Show separately the State and Federal income tax ef f ect of

2. Each credit and debit during the year should be identified itens shown f or account 439, Adjustments to Retained Earnings, os to the retained earnings account in which recorded ( Accounts 7. Explain in a footnote the basis f or determining the amounts.

433, 436 439 inclusive). Show the contra primary account af. reserved or appropriated. If such reservation or appropriation f ected in column (b). is to be recurrent, state the nunber and annual amounts to be

3. State the purpose and amount f or each reservation or appro- reserved or appropriated as well as the totals eventually to priation of retained earnings. be accumulated.<.

4. List first account 439, Adjustments to Retained Earnirgs, 8. If any notes appearing in the report to stockholders are reflecting adjustnents to the opening balance of retained earn- applicable to this statement, attach them at page 122.<-

Contra Primary Account L i ne item Affected Amount No. (a) (b) (c) l UNAcPROPRIATED RETAINED EARN!NOS (Account 216) 1 Balance Beginning of Year (536,321,501) 2 Changes (Identify by prescribed retained earnings accounts) 3 Adjustments to Retained Earnings ( Account 437) 4 Credit Credit 5l 6 Credit:

7 Credit:

8 Credit:

9 TOT AL Credits to Retained Earnirgs ( Acct 439) (total of lines 4 thru 8) 0 g .. .. ....

10 Debit: l 11 Debit:

12 0 it:

13 Deuit:

14 Debit:

15 TOTAL Debits to Retained Earnings ( Acet. 439) (Total of lines 10 thru 14) I .. ..... ... .

0 16 Galance transf erred f rom Income ( Account 433 less Account 418.1) (211,110,221) 17 Appropriations of Retained Earnings ( Acccunt 436) 18 19 20 21 t . . ..... .

22 TOTAL Apprcoriations of Retained Earnings ( Acct. 436) (total of lines 18 thru 21) 0 23 Dividends Ooclared Preferred stock (Account 437) 24 25 1 26 27 1 28 29 TOTAL Dividencs Declared Preferred stock (Acct. 437) (total of lines 24 thru 28) 0 l

t 30 Dividends Ceclared Cocron Stock ( Account 438) 31 l 32

! 33 l 34 l 35 36 TOTAL Dividends Declared - Cormon Stock ( Acct 438) (Total of lines 31 thru 35) 0 l 37 transf ers f rom Acct. 216.1, unappropriated undistributed Subsidiary Earnings 2,071,148 3B Ba t ar :e End of Year (Total of lines 01, 09, 15,16, 22, 29, 36 and 3 7) ,745,360,634)

Page 118

PU3 tlc SERVICE C@ PANY OF NEW NAMPSHIRE Dec. 31, 1990 i An original i STATEMENT OF RCIAlhED EARN N S FS THE VEAR (Continued) lLinel 1 tem l Amuunt l ,

jNo.l (a) l (b) l

(.........................................................................................................................] ,

l l DPROPR1 ATED REtalNED EARNINc5 (Account 215) l l l- -1 I I l l State balance and purpose of each appropriated retained earnings amount at end of year and l l  ;

[ l give accounting entries for any applications of appropriated retained earnings during the year. l l  ;

l............................................................................... .....................l l 13'I l l  ;

I 40 1 I I I 41 i l I i '2 I I I  ;

I '3 I I i 1 44 I I i l l j..............[ r l 45 l TOTAL Appropriated Retained Earnings ( Account 215) l 0l [

............... .... .... ...... .........................................)................,l l l...........

1 1 -

1 -1 .

.l l APPROPRIATED RETAINED EAChlNGS . ATRTIZ4fl0N RESERVE, FELERAL (Acc u t 215.1) I l ,

1 I I I i l l State below the total amount set aside through a yropriations of retained earnings, as of l l 7 l l the end of the year, in compliance with the provisions of Federally grar'ted hydroelectric l l i i

} l project nicenses held by the respondent. If any redactions or changes other than_the normal l l r l l annual credits hereto have been made during the year, expla % such items in a footnote. l l l (....- -

.....l l I I I I-l 46 l TQf AL Appropriated Retained Carnings . Amortilation keserve, Federal ( Account 215.1) l 514,099l 1

-i i l I  :

l 47 l TOTAL Appropriated Retalced EarMng:. (Accounts 215, 215.1) (Enter total of lines 45 and 46) l 514,099l  !

I I I I l 48 l TOTAL Retained Earnings (Account 215, 215.1, 216) (Enter Total of lines 38 and 47) l (744,846,535 ) l i

j. l.........................,. ...................... .. ..... ...... .. . .......... ... ........

..l................l '

.I I l l l l UNAPPROPRIATED Uk3ISTRIBUTED SUBSIDIARY EARNINGS (Account 216,1) l l  ;

i l i I l49l Balance *BeginnbgofYear(DebitorCredit) l 3,647,086 l l 50 l Equity in Earnings for Year (Credit) (Account 418.1) l 1,097,727l l 51 l (Less) Dividends Received (Cebit) l 1,563,841l l 52 } Other Changes (Expla!n): Correction of 1990 errors. } (541,360)] .

l 53 l Balance . End of year t

l 2.639,612l  ;

.......... ........... ........ ..............., ............................... .............. ........ .................... l 4

[

T l

r Page in f Y v r t

PUBLIC SERvlCE COMPANY OF AEW HAMPSMIRE An Original Dec. 31, IMO STATEMENT Of CASH Flows

1. If the notes to the cash flow statement in the respondents 2. Under "Other a specify significant amounts ancf group others, annual stockholders report are applicable to this statement. 3. Operating Activities - other Include gains ard tosses per-such notes should be attached to page 122. Inf ormat ion about taining so operating activities only. Gains and losses pertain-noncash investing and financing activities should be provided ing to investing and financing activities should be reported in on page 122. Provide also on page 122 a reconciliation be- those activities. Show on page 122 the amounts of interest paid tween " Cash and Cash Eauivalents at End of Year" with related (ne t of amount s c api t alized) and income taxes paid.

amounts on the balance sheet.

Linel Otscription (See Instructions f or Emptanation of Ccdes) Anount he.) (a) (b) 1 i Net tash flow from operating Activities: l l 2l het income (Line 6S(c) on page 117) l (210.012,554)l l 3l hon-Cash Charges (Credits) to Income: l l l 4l Depreciation and Depletion l 35,837,754 l l 5l Amrtization & Depletion of Utility Plant l l l 6l A xrtization cf Oclear fuel l 19,383,245 l l 7l Amortilat NO of Bond Fremium, Discount and E wense l 1,355,730 l l 74l Losses on Generating Projects j 6,464,512 j l 76l Entraordinary Deduction l 0l l 5l Ceferred income taies (het) l 0l l 9l I Nes t men t Tau Credit Adjustment (het) l (679,244)j l 10 l het (Increase) Decrease in Receivables l 4. 684,34 3 l l 11 l ket (Increase) Oecrease in Inventory l (24,493,199)l l 12 l het increase (Decrease) in Fayables and Accrued Emenses l 284,209,780 l l 13 , (Less) Allo ance for Otoer Funos Used Du*ing Construction l (230,471))

l 14 l (Less) Undistributed Earnings trcvn S bsidiary Cceanies l l l 15 l Other: l l l 16 l Cain on Sale of Properties ] (15,109)l l17l Other Ne- l ( 2 7,5 37,34 7) l 1 18 I I i l 19 I I I 1 20 I I i l21 1 l- - - -

-1 l 22 l Net Cash Provided by (used in) Operating Activities (Total of lines 2 thru 20) l 88,964,490 l l 23 l l- - --

---

l l 24 l Cash Flo.s f rom Investment Activities: l l l 25 l Construction and Acquisition of Plant (including land): l l l 26 l Gross Additions to Utility Plant (less nuclear fue!) ( 77,489,467) l l 27 l Cross Additions to Nuclear Fuel l l l 28 l Cros. Additions to Comon Utility Plant l l l 29 l Cross Additions to honutility Plant l l l 30 l (Less) Allowanee for Other Funds used During Construction l (230,471)l l 31 l Other j j

[32l l l l 33 l l.. .. ...

....l l34 l Cash Outflo-s for Plant (total of '.ines 26 thru 33) j (77,255,996)l 33 l l. . . .. . ..l l 36 ) Acquisit i on of other koncurrent Assets (d) l l l 37 l Prceeeds from Disposal of Noncu rent Assets (d) l 610,404 l l 331 I l 39 l Investments in and Advances to Assoc. and subsidiary Companies 40 l Cont ribu!ior s and Advances f rom A ssoc. ard Sut:.sidiary Companies 41 ) Disocsition of truestments in (and AJ<ances to) 42 l Associated and Subsidiary Cormanies 43 l 44 l Purch ue of Investment Securi t ies (a) 45 l Pecceeds from sates of Investment Securities (a)

Page 120

~f

?

l I

PUBLIC SERvlCE COMPANY OF kEW MAMPSNjRE An or(ginal Dec. 31, 1990 i STATEMENI 0F CASH FLOWS (Continued)

4. Investing Activities . Include at Other (Line 31) net cash 5. Codes used: ,

outflow to acquire other coryanies. Provide a reconcillation (a) Net proceeds or payments. .

assets acquired with Liabilities assumed on page 122. (b) Bonds, debentures and other long term debt.  !

Do not include on thir statement the dot ter amount of (c) include concercial paper. i teases capitalized per U3 of A General Instructico 't0; in. (d) Identify separately such items as investments, fixed  !

stead provide a reconcillation of the dollar amount of leases assets, intangibles, etc. i capitalized with the plant cost on page 122, 6. Enter on page 122 clarifications and emptanations. .

....+...... ................................................................................................................... i Linel Deseription (See instructions for Eaptanation of Codes) Amount  !

No.l (a) (b) {

46 l toans Made or Purchased  !

l 47 l Collections on Loans l l  !

l 45 I I I  !

1 l 49 l Net (Increase) Decrease in Receivables l l i l

j 50 ) Net (increase) Decret.,e in inventory l l

]$1l Wet increase (Decrease) in Payables and Accrued Expenses l l i i

152 l Others Capitalized Interest 7,010,559l t 1 53 I I I  ;

I 54 i l i 1 55 I I l  !

l 56 l het Cash Provided by (Used ir.) Investing Activities l"'-'"*'"l '

lUl (fotal of lines 34 thru 55) l (69,638,033)l {

l 58 l l l f

{ 59 l Cash Flows from Financing Activities: l l <

l 60 l Proceeds from issuance of l l  ;

l 61 j Long-ferm Debt (b) l l l Prs f erred Stock  !

l 62 l l l l63l Comon Stock l l l 64 l Others l l I 65 I I I ,

l 66 { Net Increase in short Term Debt (c) l 30,292.000 l  ;

l 67 l Other: l l .

IMI I I  :

j69l l...............;

l.70 l Cosh Provided by Outside sources (Total of lines 61 thru 69) l 30,292,000l r 1711 I i ,

l 72 l Payment for Retirement of: l l l73l Long Term Debt (b) l- l r

{

l 74 l Preferred Stock l l t

l 75 l Comon Stock l l l l76l Othert j j l 1n1 l l t 1.78l- het Decrease in short-term Debt (c) l (30,000,000)] [

l I9 l l l f l 80 l Dividends on Preferred Stock l l  ;

l81]

Dividends on Comon Stock l l [

l 82 l Net Cash Provided by (Used in) Financing Activities l- "--"""-l l 83 l (total of lines 70 thru 81) j 292,000l {

[ 84 l l...............  ;

}85l Net increase (Decrease) In Cash and Cash Cquivalente l l l86l (Total of lines 22, 57, and 83) l 19,618,457l t l 87 [ l...... .......;

l 88 j Cash and Cash Equivalents at Beginning of Yeae l 44,138,225 l

• g i 89 I i l i l 90 l Cash and Cash Equivulents at End of Year 63,756,682 l l [

Page 121 a

l

- , - - -~ _ - .-

PUBLIC SEkVICE COMPANY OF NEW HAMPSilIRE  : Dec- )t,195 An Original -

NOTES TO FINANCIAL STATEMENTS

1. Reconciliation of General Purpose Financial Seniements to the FE AC Form 1.

In Decemtx r 1989, a plan of reorganization was filed by Northeast Utilities and supponed by the Company, the State of New Hampshire and the Committees established by the Bankruptcy Court which would allow the Company to emerge z from bankruptcy A key component of the plan is a rate agreement between Northeast Utilities arvi the State of New Hampshire which provides for seven annual increases of 5.5% commencing January 1,1990. The series of fricreases do not recover the Company's full investment in Seabrook Unit No.1.

Given the Company's support for the Northeast Utilities plan,it is unlikely that the Compr.ny will ever receive full recovery of its investment in Seabrook Unit No,1. Conwquently, the Company requested approval from tie FERC to adjust the canying value of Seatirook and to prepare the Company's 1989 Form 1 on a basis consistent with its general purpose financial statements.

In 1990 the Company otxained approval from the FERC to adjust the regulatory value of its investment in Seabrook to the carrying value included in the Company's general purpose financial statements. Additionally, the FERC approved other related adjustments necessary to eliminate a difference between regulatory accounting requirements and arnounts -

reDected in the Company's general purpose financial statements. Tlw Company included the net adjustments related to prior years in FERC Account 435. Extraordinary Deductions. The 1989 net loss before extraordinary items is the same for both regulatory and financial reporting purposes.

The 1989 extraordmary deduction for prior year FERC reporting adjustments is comprised as follows (000's)-

Millstone Disallowance $ 3,557 Schiller Disallowance 5.631

, Allowance for Funds Used During Constmetion . Seabrook - 493.883

- Change in Seabrook Plant Accounting 300,595 Seabrook Expenditures 212,000 Deferred income Taxes 65,668

- Total $1,081,334 Deduct: Capitalized Interest 216,547 Depreciation on Disallowances 1,204 Amortiration of Detx Discount and Expense 2.625 Interest Expense on Unsecured Debt 130,193 J

Total Deductions 350,569

. Extraordmary Deductions, Net per Form I $ 730,765 i

1 i

i G 1

Page 122

Dec.31,194o PUBLIC SrJtVICIMVMPANY OF NI W ltAMPsittRi!

An Original N(rtVs 10 r!N ANCtAL STATEMENTS teme nud

2. The Company's Banksvptcy .

Background. On January 28,1988, PSNH filed a pe:iiion for reorganization under Chapter il of the Bankruptcy Code. PSNil was forced to seek bankruptcy court protection tecause of liquidity problems caused by several factors, including the magnitude ofits investment in Seabrook (approximately tw o-thirds of the den book value ofits assetsh the prohibition under New Hampshire law of de reallration by PSNH of ar,y cash income from, or seturn on,its investment in Seabrook be fore it w as placed in service amithe delay in obtaining the licerne fium the Nuclear Regulatory Commission

("NRC") for Seabrook to operate.

Dueing the perxlency of the Bankruptcy Case, PSNH acted as debtoi-in-possession pursuant to the Bankruptcy Code arx! continued to operate its business substantially as tefore the filing of the petition, subject to the supervisory powers of the Bankmptcy Court. Early in the Bankruptcy Case, the Bankruptcy Court appointed the Creditors Committee and de Equity Committee to represent the interests of unsecured credators and equity security holders, respectively. 'the State of New Hampshire (the " State") was recognired as a party in interest in the Bankruptcy Case.

On December 2,1989, Nonheast Utilities Service Company ("NUSCO") filed a plan of reorganiration (the " Plan")

on behalf of Northeast Utilities ("NU"), the Creditors Committee, the Equity Comrnittee and various PSNH bond holders, with the support of the State. On Decemler 13,1989, the Company announced its support for the Plan. On April 20,1990, following a vote by all classes of creditors and equity security holders 01 PSNH and hearings in the Bankruptcy Court, the Plan w as confirmed by the Bankruptcy Court. An appeal of the Confirmation Onler is currently pending in tie United States District Court for the District et New Hampshire.

The Plan of Reorganization. The Plan provides for the emergence of the Company from bankruptcy and the acquisition of the Company by NU in two steps. In the first step, the Company will emerge from bankruptcy on tte Effective Date as a stand-alone company which will te a party to the Merger Agreement with NU, NUSCO atxt NU Acquisition O Corporation ("NUAC"). The existing security holders and creditors of 8 e Company will receive, on or as soon as practicable after the Effective Date, distributions of cash, new PSNil Common Stock, Notes and other securities, in the second step of the Plan, NU will acquire the Company pursuant to the Merger Agreement, atx! will cause de Company to transfer the Seabrook Interest and its obligations umler the Notes to a newly-fonned subsidiary of NU, NAEC.

The occurrence of the Effective Date is subject to various comhtions, including an affinnance by the New Hampshire Supreme Count of the July 1990 decision of the New Hampshire Public Utilities Commission ("NHPUC") finding that the Rate Agreement describedbelow is consistent with the puNic interest. A decision is expected in the early part of tue second quarter of 1991.The Effective Date deadline under die Plan. initially set at August 1,1990, has teen extended from time to time by agreement among NUSCO and the Creditors ami Equity Committees. The present Effective Date deadline is March 31,1991, although the parties are considering an extension.

The Merger is subject to various corxlitions, including receipt by PSNH arxl NU of certain argulatory approvals.There can be no assurance that the conditions will te met or that the Merger will occur, if the Merger occurs, PSNil will opeente its business as a wholly owned nutnidiary of NU, will have no obligations under the Notes, will nolonger own the Seabrook Interest, and will be subject to tte Seabrook Power Contract. If the Merger does not occur, PSNH will operate its business as a stand-alone company, will continue to own the Seabrook Interest ami willle obligated urxler the Notes. The Rate Agreement will remain in effect whether or not the Merger occurs. NUSCO wi!! have responsibility for managing the business of PSNH pursuant to the terms of the Management Services Agreement until the Merger (or the earlier tennination of the Merger AgreemenO.

Distribution to Creditors and Shareholders Under the Plan. Umler the Plan. holders of secured claims will receive cash in the full amount of their claims for principal arul unpaid interest. Holders of unsecured claims will receive a distribution in the amount of their claims for principal plus pre petAtion interest,less originalissue discount unamortized at the petition date, and a total of $110.6 inillion of post petition interest. Approximately $545 million of such distribution will te in cash anxi the balance will be in shares of Common Stock of Reorgtnized PSNH Holders of shares of existing Preferred ami Common Stock of de Company will receive $2d5 millinn pnncipal amount of unsecured notes of

\ Reorganized PSNH (" Notes"), shares of Common Stock of Reorganised PSNil ami certificates entitling the holder to receive warrants to purchase shares of NU Common Stock when (arx! if) the acquisition by NU occurs. Hoklers of the Company's outstanding Warrants (and any claims arising with respect to such Warrants) will receive a total of $1.3 mlition Page 123 v

Pl@LIC SDtVICE COMPANY OF NI'W MMPSIEl? the. 31, t 990 An Onginal NOTES TO ITN ANCtAt. $1 ATEMINTS (canunvul) in cash. The total amount of cash (including interest payments) arxl securities to be distntmted under the Plan is approximately $2.4 billion.

The Notes arxl the cash portion of the distributiom io unsecured creditors will beat interest from July 1,1990, and the Reorganized PSNil Common Stock will carry cumulative quanerly stock dividerxis from July 1,1990. If and when the merger occurs, the Reorganized PSNH Common Stack (inclu&ng shares issued or issuable as stock dividerwis) will be converted into cash at $20 per share.

As a result of the distributions at the Effective Date, the Company's current umecured creditors will own approximately two-think of the Reorganized PSNH Common Stock arxl current shareholders will own the remaining ore.

third of such stock.

The Financings. The cash ponion of the distributiom to crestors and equity hoklers urxler the Plan (approximately

$1,515 million includmg interest)is expected to te financed primarily through available cash and the public offering of Reorganized PSNH securities arxl a bank tenn loan facility (the "Tenn Loan"), as irxticated below:

First Mongage Bonds Se' es A and Series B First MongaFe Borxh $ 342,500,000

~ .able Pollution Control Revenue Borub issued in two series secured by $229.0 million of First MongaFe Borxis 229,000,000 Tax Exempf Pollution Control Revenue Borxis issued in thtre series secured by $287.5 million of First Mortgage Borxis 287,485,000 Term Loan 452,000,000 Series A Preferred Stock 125,000,000 P.,435,985,000 h

The securities offerings and Term Loan set forth in the table above are collectively refernd to herein as the "Fmancings" The Company also expects to enter into a Revolving Credit Facihty with banks and will ter ow any adlitional sum required for distribution to creditors arxl equity holders, as well as an amount to cover the expenses relatinS to the Financings under that Facility, The Rate Agreement. The Rate Agreement sets out a comprehemite plan of retail rates for PSNH, providing for seven base retail rate increases of 5.5're per year. The first of these base retail rate increases was put in effect on January 1,1990. The additional revenues resulting from this first increase for the penod January 1,1990 through June 30,1990, approximately $16 million, will be held in escrow until the consummation of the Merger or the tennination of the Merger ,

Agreement, when they will te released for inclusion in PSNH's income. The adlitional revenues resulting imm the first increase from July 1,1990 to the Effective Date will te held in escrow and released to PSNH for inclusion in PSNH's income at the Effective Date. As of December 31,1990, approximately $ 13 million had teen collected since July 1,1990.

The Rate Agreement will be effective for Reorganized PSNH even if the merger with NU is not consummated.

The Acquisition of the Company by NU. The Plan provides for NU's acquisition of the Company through the Company's merger with a wholly-owned subsidsry of NU that is to be formed solely for the purpose of effectuating the acquisition. At the time of the merger (or as soon tireeafter as practicable) the Company's interest in Seabrook will be transferred to a newly-formed subsidiary of NU, N AEC, whose sole asset will be the Company's Seabrook interest. NAEC will enter into a contract with the Company under w tuch the Company will purchase the entire output of N AEC's interest in Seabrook for the life of the Seabrook liceme. Another NU subsidiary would be appointed as operator of Seabrook if required approvals of the Seabrook Joint Owners (w hich has teen received), the Nuclear Regulatory Commission ("N R C"),

the NHPUC and the SEC are received The merger transactions contemplated by the second step of the Plan require regulatory appmvals of the Federal Energy Regulatory Commission ("FERC"), the SEC, tir NRC, the NHPUC and the CDPUC ark! perhaps the public utihty commissions of Maine arxl Vermont, where the Company owns certain properties. The FERC administrative law judge rendered a decision on December 20,1990 approving NU's acquisition of the Company, subject to certain corxlitions.The FERC will review the administrative law judge's decision and any appeals before retxlering a final decision. The Company expects to receive a final decision Imm the FERC in the spring of 1991. The SEC approved NU's acquisition of the Page 123a

j IUBLIC $DLVICE COMPANY OF NEW llAMP$lCRE IWt, IWo m ..i s f

1

""f_""!L*_"*" T"* _ _ _ _ _ _ _ _ _ _ _ _ t O ____________ I J-Company on December 20,1990. Two intervenors have pet tiored the SEC for a reheanng, and the City of Ilolyoke Ons and Electric Department, tie Massachusetts Municipal Wholesale Electric Company ("MMWEC") and tle Massachu.

setis Systems, a group of elevec Massachusetis municipal electric systems, have ype'ed the S EC'e dechta to the United States Court of Appeals for the District of Columbia Circuit, l Cash Flow Concerns, Upon the filing of the Chapter 11 case, the Company ceased making interest and principal payments on all ofiu lrdebtedness. The Company resumed interest payments on its First Mortgage Bonds and its Gerwral ard Refunding Mortgage Bonds (ard indebtedness secured by such bords) in the spring of 1988 and has kept Interest payments on those Bonds current since then. By not paying interest on its other indebtedness and by not reducing the ptincipal on any of its indebtedness, the Company has gererated su fficient furds internally to setisfy its cash requirements.

{

The Company expects to maintain sufficient funds intemally to satisfy its cash requirements through August 1991 even i if the Effective Date is catended beyond March 31,1991. Uw Company's expectation assumes the following conditiorm:  ;

(a) rero Frow th in MWH sales; (b) contmued payment of interest on Third Mongage Bonds (and indebtedness secured by  !

such bonds); (c) continued non-payment of interest on unsecured indebtedness; (d) the continuance of the Company's present base rate structure (e) continued non-payment of PSNH billings to NHEC for wholesale sales and pSNH's non- l papuent to NHEC under the buy-back agreement; and (f) no material additions to the Company's or Seabrook's projected j operating and capital expenditures.  ;

I Nevertheless, the Company could encounter cash flow problems durmg the Chapter 1i case if the Effective Date is delayed sutmantially beyond its current deadline. The Company's construction e spenditures for 1991 1995 are estimated f

at approximately $351 million, but could be significantly increased if the Company is required by emironmental laws to make ackhtional espenditures,particularly in response to legislation regarding acid rain. As contemplated by the Plan,the  !

Company recommenced semi annual payments ofinterest on its Third Mortgage Bonds and irdebtedness secured by its Third Mortgage Bonds as of August 1,1990. The semi annual amounts of such payments is approaimately $21 million, l, lt is doubtful that the Company can make such payments for an extended period. Because of financial constraints under O_ which the Company has been operating for the last several years, operatmg budgets and{

reduced to the point that, should any additional cash flow savings be required in the future to accommodate ackhtional experdstures, the Company might be required to cease paying interest on some or all existing irdebtedness or suffer ,

- reductions in the quality of utility service provided by the Company. l L

Risks. There can be no assurance that all of the regulatory approvals required for the Effective Date of the Plan or for the acquisition will be obtained within the deadlines established in the Plan. Opposition to the Rate P!an and to the f

acquisition has already been filed by intervenors in the regulatory proceedmgs for approval of the Rate Plan and the i acquisition. Unless all Effective Date conditiona are satisfied, including financing arrangements reasonably satisfactory j to NU, and all necessary regulatory approvals are obtained, the Plan will not become effective. Even if the Plan does -,

tecome effective,if the requisite approvals for the acquisition by NU are not obtained, the acquisition will not occur. }

If the Plan does not become effective, it will te necessary for the Company to seek to achieve another reorganization f plan. The Company cannot reasonably predict whether or when it will te possible to achieve such a plan or w hat tie terms  !

of any such plan might be. If the Plan becomes effective but the acquisition is not consumm ated, Reorganized PSNH m ould te operated as a stand alone company under the applicable provisions of the Rate Plan.

P t

Speculative Nature of the Company's Securities 4 i

f' Equity Interests. In view of the uncertainty over efrectiveness of the Plan and the consummation of the acquisition l

' contemplated under the Plan and over the outcome of the Chapter 11 reorganization case if tir Plan and the acquisitio

{

were not consummated, the value of the Company's autstanding equity securities is highly speculative. The Company  ;

ceased paying dividends on its Common and Preferred Stock in 1981 The Plan, c : any other reorganization plan confirmed j in the Chapter ii case, will result in substantial alteration or elimination of some or all of the current rights of the holders i

of shares of Common and Preferred Stock. The dilution in equity interests that will be suffered by holders of shares of the

}

Company's Common and Preferred Stock in any reorganization, includmg under the Plan, is likely to te extensive.

O Umecured indebtedness. The Company has not paid inierest on its unsecured indebtedness since Octoter 1957 and i

does not anticipate that it will resume interest payments before emergence from reorganization. Upon emergence,it is i,

)

Page 123b  !

t

f R'sL.lc $trfICE cVMPANY OF STW llAMP5HDtB Dec. 31,1 No ,

An Original N0rtTS TO FINANCtAL STATTMINTS tcmwmuaf

- - - -- ~ _ - - ----------

hkely that the rights of holden of umecured claims will te substantially altered, and the holders will likely receive cash and other secunties in satisfaction of their claims. If the Effective Date of the Plan does not xcur, the Company cannot predict w hat form or amount of distnbution the bolders of umecured claims will recche in the reorganization.

Secured Indebtedness. Cash flow concems could result in the suspemion of the pannent of interest on some or all of the Company's secured indebtedness. If the Effective Date of the Plan does not occur,the Company cannot pred et w hat form or amount of distribution the holders of secured claims will receive in the reorg aniration. (See " Cash flow Concems" above).

3. Commitments and Contingencies Seabrook. The Company is the principal owner of Seabrook, a nuclear. fueled steam generating plant located in Seabrook, New Hampshire. At Decemter 31,1990 the Company's investment in Seabrook represented more than half of the book value of the Company's total assets on its financial statements.

On March 15,1990, the NRC issued a full power operating license for Seabrook. Seabrook project management commenced the power ascemion sesting program for Seabrook on March 17,1990. Effectise June 30,1990, Seabrook was released to the New England Power Exchange for dispatch, and the Company declared Seabrook to be in commercial operation. On August 17,1990 Seabrook project management successfully completed the power ascension testing program and declared Sea 5 rook to be in regular full power operation on August 19,1990.

Nuclear Fuel Disposal. Under the Nuclear Waste Pohey Act of 1982, the Department of Energy (the DOE")is required to design. license, construct and operate a permanent repository for high les el radioactive wasies and spent nuclear fuel. The Joint Owners have entered inic a coctract uith the DOE for the disposal of spent nuclear fuel from Seabrook.

Under the Nuclear Waste Policy Act the DOE has establisted disposal fees to be paid to tte federal government by electric utihties owrung or operating nuclear generatmg uruts. In rerum for payment of the fees presented by the Nuclear Waste h

Policy Act, the federal govemment is to take tale to and dispose of the utihties' high lesel w astes and spent nuclear fuel beginning no later than 1998. Until the federal govemment begins teceiving such materials in accordance with the Nuclear Waste Pohey Act operstmg nuclear generating plants will need to re'am high level wastes and spent fuel on-site or make seme other provismns for their storage. Seabrook w ill have enou9 on-site storage to accommodate all ofits spent fuel for at least ten years after commencmg operation. The Companv Ns further been advised by the companies operating the other nuclear generating stations in which the Company has a iinterest that these operating nuclear generating stations have or will have storage capacity to meet the spent fuel storago needs of the uruts through vanous dates into the late 1990's.

Decommissioning. New flampshire enacted a law in i981 requiring the creation of a state managed fund to finance decommissioning at any nuclear generating uruts in the state. On January 6,1989, the New Hampshire Nuclear Decommissioning Financing Committee ("NDFC") established $242 4 milhon (in 1987 dollan) as tie decommissioning cost estimate for immediate and complete dismantlement of Seatwook upon its retirement. De amount of $242,4 million was increased each year after 1987 by a 4% annual inflation factor until Seabrook began commercial operation. In July 1990, the Company began making monthly payments of approximately $140,000 into the fund. Currently, tte Company's annual payments are approaimately $1.7 million. The Company's costs for decommissioning are included in rates under the Rate Agreement.

Ilydro. Quebec. De Company participated with other New England utilities in the construction and operation of Phase i Hydro-Quetec transmission facilities, which were completed in October 1986 at a total cost of approaimately

$ 140,000.000. Under support agreernents, the Company is obligated to pay its 7.2% (increased to 11.8% in November 1990) share of Phase i Hydro 4uetec operating a.d capital costs. The Company has also entered into support agreements for 10.0% of Phase !! Hydro-Quetec transmission facihues a hich are estimated to cost $487 million and were placed in service in November 1990.

NHEC. NHEC is the Company's largest customer. Its purchases at wholesale accounted for 5.9% of the Company's megawatt hour sales and 4.1% of its resecues in 1990 NHEC ts also among the Joint Owners of Seabrook; its 2.2%

unnership interest was acquired from the Company in 1981.

Page 123c

I i

WBl.lc SERVICE CVMPANY OF NEW 1(AMPsRRE DM. 31. I No l An Ongnal -

l NOTES TO FIN ANCLAt.1TATIMNTs twnnnua4

____,m.-__ __ -- __ __ _ _ ___ ____

O There are a nunser of agreements between NMEC and the Company. One such agreement, a requirements contract, govems NHEC's a holesale capacity and energy purchases from the Company. A senes fletter agreements (the " buy.

back agreements")concetus the alleged right of NHEC to require the Company to buy back from it, over a ten. year perind, f up to 250 megawatt. years of NHEC's Seabrook capacity and energy entitlement at NHEC's " full cost," NHEC's claimed t full cost is estimated to be substantially in excess of current costs for capacity and energy from altemative sources. For [

more than a year the Company and NU have sought, unsuccessfully, to renegotiate with NHEC various issues relating to I the foregoing agreements and to resolve disputes that have ansen with respect to their meaning and application. l ManaFenent believes that the wholesale requirements contract obligates NHEC to purchue its full a holesale power  !

requirements, subject to defined exceptions, from the Company until it has given the Company a wntten notice of  ;

termination and at least five years hive elapsed after such notice. NHEC does not acknowledge this obligation and, in early  !

1991, entered into an altemative a holesale power supply arrangement with New England Pow er Company ("b1PCO").

NEPCO's contract states that service to NHEC under it will not commence until FERC or "another appropriate authority" has made an e xpress finding that service by NEPCO"is permitted under the wholesale rates and contra-ts betw een" NHEC ami the Company. NEPCO's contract, as a ell as the w holesale contract betw een the Company and NHEC, has been filed  ;

with the FERC and is the subject of currently pending proceedmgs.  !

In the esent that NHEC is permitted to purchase its w holesale requirements from NEPCO, the Company will seek to  ;

sellits resulting eacess capacity to other utibties Because there is currently surplus generating capacity in Nea England, l there can be no assurance whether, wben or at w hat pnce the Company could effect such sales. l The Company's alleged obligation to buy back NHEC's Seabrook capacity and erwrgy entitlement and the price at ,

which such purchases would have to be made are the subject of proceedings currently before the NHPUC. Following the i June 30,1990 initiation of commercial operation of Seabrook, NHEC commenced monthly bdling to the Company of the

~

amounts it claimed to be due with respect to tb huy.back obhgation. The Company has not paid these bilhngs, a hich totalled $15.1 million through January 31,1991 In October 1990, at the request of PSNH, the NHPUC detennined that it hadjunsdiction over the buy.back agreements and directed that such agreements not be enforced until it determined whether the agreements are in the public good.  ;

Heanngs before the NHPUC concenung the enforceability of the buy back agreements and the appropriate level of the ,

charges by NHEC to the Company under them were held in March 1991. Management estimates that PSNH's payments  !

to NHEC w ould be approximately $25 million per year ifit ts obligated to e ffect the buy.back and to pay NHEC's claimed  !

" full cost."

e Panly as a result of the foregoing disputes between the Company and NHEC, NHEC has not paid for its wholesale

{'

purchases from the Company for the period smce July 1990. The unpaid billmgs to NHEC by the Company through Janu ary 31,1991 total approximately $14.1 million.

NHEC has a'so publicly announced, from time to time during late 1990 and early 1991, that it is coruidenng filing a [

petition for reorganization under Chapter 11 of tie Bankruptcy Code.

NUSCO, the State of New Hampshire and the Company have reserved the right under the Rate Agreement to  :

renegotiate any changes in the Company's rates resulting from the renegoustion of the buyback agreements, any decision  ;

relating to such agreements by the NHPUC or the fadure of'he Company and NHEC to renegotiate the agreements. i t

EUA Power Corporstion. On February 28,1991. EUA Power Corporation ("EUA"), a 12.1% ow ner of Seabrook,  !

filed a volur.tary petition for reorganization under Chapter 11 of the Bankruptcy Code. EUA has announced that it intends  ;

to continue making payments on all its ongoing obbgations under the Joint Ownership Agreemeut whJe operating under i Chapter !1, MMWEC. In 1989, the Company recognized $50 8 million of expenditures associated with the Seabrook Compre.

hensh e Settlement agreement. See Note 4 Under the agreement, the Company agreed to pay to or on behalf of one of the i j Jomt Owners, Massachusetts Municipal Wholesale Electnc Company, MMWEC, up to $30 million of its share of pre. >

operational fundmg ccmmitments for Seabrook and make certain payments to MMWEC totaling $16 million for ile first [

i Page 123d

PUBL1C SERVICE COMPANY OF NEW HAMPSHDt2 Dec 31,1990 An Ong ml h0TES TO FIN ANCtAL STATTMWis (connma0 eight years following operation of Seabrook. hiMWEC agreed not to sue the Company for any alleged claims against the Company associated with Seabrook. htMWEC also agreed to a termination of an agreement under w hich the Company might have been required, upon operation of Seabrook, to purchse a share of hiMWEC's Seabrook capacity and erergy for a period of ten years at a cost substantially in excess of Ge current market price for power in New Engimi. Tim Company's obligation to pay pre-operational expendatures under the agreem:nt was completed in Apdl 1990.

Vermont Cooperative, Since February 1986. the Vennont Cooperative has failed to pay its share of Seatwook costs, as aell u its payments as a memter of MMWEC. Certain Joint Owrers have smce then teen providing funds against future payments due from the Vermont Cooperative to assure that funds na available to meet its owtwrship share of Seabrook costs. and it is anticipated that these arrangements will coritinue. The Company initially participated in such pannents,but ceased provi&ng such funds in January 1988, when it commenced bankruptcy proceedings urder Chapter 11 of the Bankruptcy Code. The total amount contnbuted by the Company until then sas $976,000.

On December i 1,1990 the Bankruptcy Coun approved a settlement of claims of the Vermont Cooperative. Under the settlement, the Vermont Cooperative is entitled to an allowed unsecured claim for $2.5 million in the PSNH bankruptcy procee6ng in full settlement of various Seabrook-related claims. PSNH has also aFreed, subject to the signing of a definitive agreement, to purchase the Vermont Cooperative's 0 41259% interest in Seabrook for $6.4 million if necessary regulatory and other approvals can te obtained in settlement of the Company's claims against the Vermont Cooperative for advances, the Company will rective out of the prceceds of the sale papnent of the amount advanced with interest thereon for the period each advance has been outstan6ng at the pnme rate The principal amount is recorded as a deferred charge. In December 1990, the Company recorded the interest. Also, in Decemter 1990, the Company reclassified the principal and interest to other current assets.

Construction Program. The Company has substantial capital requirements to satisfy if it is to provide a&quate g sarvice to its service area. The Company's construction program for the five year period 1991 1995, exclusive of W expen&tures for Seabrook,is currently estimated to be approtimately $305 million. The Company's share of Seabrook capital expenditures is estimated for the period 1991 1995 to aggregate approx.imately $46 million. It is possible that substantial a&htional expenstures may be required to meet regulatory, operational and environmental requirements at Seabrook and the Company's other generating facilities.

Small Power Producers, As of December 31,1990, the Company was purchasing the entire generation (193 MW) from 76 existing Small Power Producers. A majority of these purchases are under long-term arrangements (20-30 years) at pnces sigru ficantly higher than the Company's current and projected avoided costs. Although NU 6d not seek rejection under the bankruptcy laws of any of the a Tr.ngements currently in place with the Small Power Producers, under the Plan, NU has stated that it will undertake its best efforts to renegotiate existing purchase power arrangements tetween the Company and 13 of the largest Small Power Producers representing 137 of the 193 MW currently on line. The State has agreed to support NU in these efforts.

Pension Plan. In May 1990, the Company leamed that the Pension Plan incurred sutstantial losses in 1989 in one of its investment portfolios, more than offsetting gains in other ponfelios, and that add tional losses were incuned in that ponfolio until it was liquidated in May 1990, The Company initiated a review by special counsel of the investments that resulted in the losses. It appears that many of the investments in that portfolio were outside tte authorized investment policies for that portfolio. Special counsel is continuing to evaluate the insurance and other remedies available to recover the losses. The Company has also reviewed and revised the controls and procedures for Pension Plan management and investrnent. The Pension Plan's assets, after the losses, continue to exceed the accumulated benefits obligation of the Pension Plan, so that the assets are sufficient to fund the Plan's vested obligations to current employees and retirees. The Company estirates that, unless recovenes of the losses are received, its future annual pension experne will increase by about $ l .7 million. Substantially all of the investments giving rise to the Pernion Plan's losses preceded tre effective date of the Apn130,1990 management changes at the Company.

Environmental Responsibilities, The Company has been named as a potentially responsible party at certain hazardous remediadon sites. At this time management does not have sufficient information to calculate its potential liability.

Page 123e

PUBtJC $ ERVIG (VMPANY OF bTW HWP$1HRE Dec. 31,1990 Aa Originat NOIEs TO FIN ASCLAL. STATEMENTS (continue 4 O

V 4. Loues On Generating Projects 1220 1212 (Tiriuvands of Dottars)

Seabrook Plant . Unit I  ;

Estimated Future Expenditures S 607 $ 23,010 Impairment Loss . 260,000 Seabrook Compretensive Settlement . 50,7ti5 Nuclear Fuel Contract Termination 2,917 2,697 Vermont Cooperative Settlement 2,500 .

Other 440 .

Total 56,464 $336.472 De financial difficulties that led to the Company's reorganization proceeding are attributable to a combination of several factors including the magnitude ofits investment in Seabrook and to the Company's inability to base its rates upon the cost of this project prior to its operation. In 1987 the Company determined that, w hen Seabrook became operational, political and competitive pressures would not permit the Company to recover the recorded cost of its investment in accordance with traditional utility ratemaking practices. Accordingly, the Company changed its method of accounting for its investment in Seabrow to eliminate AFUDC from capitalired costs and to recognize capitalired interest and associated income tax eIfects. This change in method of accounting cffectively restated the cost basis of Seabrook to eliminate the previously assumed effects of regulation.

The Company ceased capitalizing Seabrook costs effective December 31,1987 and recorded a loss of $212.0 million associated a ith the estimated remaining costs to be incurred prior to an assumed operating date of January 1,1990. In l989 the Company revised the assumed operating date to May 1,1990 and recorded an add:tionalloss of $23 million. During p 1990, net additional costs of $607,000 were expensed.

G As descrited in Note 2, the Plan is based on PSNH distributing io creditors and equity security holders of the Ccmpany approximately $2.4 billion in cash (including interest payments) and securities on the Effective Date. The amount to te distributed by PSNH is supponed by the Rate Agnement w hich fixes the Seabrook cost recovery at $700 million,provides for the full recovery of the net book value of non-Seabrook assets (apprnximately $830 millioni and, additionally, creates a regulatory asset of approximately $830 million. Pursuant to the Rate Agreement, PSNH is permitted to recover $425 million of the cost of the regulatory asset on a straight line basis over the first seven years after the Effective Date, and the remainder of $405 million on a straight hoe basis over the first twenty years after the Effective Date. -

Based on the Confirmation Order and the findmgs made by the Bankruptcy Court in conjunction therewith and l pmgress made through early 1990 in meeting other corxhtions to the Effective Date, management concluded that it was appropriate to recognize an impairment loss of $260 million in the Company's financial statements at December 31,1989.

The impairment loss was calculated as the difference tetween the book value of Seabrook at Decemter 31,1989 and the estimated value to be assigned to Seabrook and the regulatory asset under the Rate Agnement. Management believes no further provisions for Seabrook impairment are requind.

As described in Note 3,in 1989 the Company entered into a Seabrook Comprehensive Settlement which, among other things, required the Company to pay up to $30 million of MMWEC's share of Seabrook pre-operational expenditures and to pay certain other amounts. In March 1989, the Company expentN $50.8 million to reflect the anticipated total cost of ,

the settlement, in 1989, the Company entered into a settlement agreement with the FERC, regarding costs incurred to cancel nuclear fuel purchase contracts. The agreement required the Company to reverse the AFUDC associated with the costs of I terminating the contracts. During 1990, the remaining contract termination costs were expensed because they will not be recoverable under the Rate Agreement.

O See Note 3 for a discussion of the Company's obligation under the Vermont Cooperative settlement.

U Page 123f r

ITBLIC SIRVICE COMPANY OF NEW HAMPSHIRE Dec. 31,1 No An Ongmal NOTES in RN ANCtAL STA1EMENTS tcontumth .

S. Summary of Accounting Policies Regulation. During the pend ncy of bankruptcy proceedings the Company and its properties are st bject to tN junsdiction of the Bankruptcy Court. Subject to the foregoing, the Company is subject, as to rates, accounting ard other matters to the regulatory authonty of the NHPUC, the FERC .nd, to a lesser estent, the public utilities commissions in other New England States where the Company owns property or dces business.

Cash and Temporary investments. For purposes of the Statements of Cash Flows,the Company considers all highly liquid investments purchased with a rnaturity of three months or less to be temporary investments.

Investments. The Company follows the equity method of accounting for its investments in nuckar gerrrating companies and a wholly. owned real estate sutsidiary. The Company owns four to seven percent of each of four New England nucleat generating companies and, pursuant to purchased power contracts,is entitled to its ownership percent of total plant output and is obligated to pay :. simdar share of operating expenses and retums on invened capital.

Approximately 5.3%,9 8% and 7.6% of the Company's total energy requirements were furnished by these companies in 1900,1989 and 1988, respectively.

Utility Plant.The Seabrook plant is being depreciated on the ! traighuline method at rates designed Io fully depreciate the plant o 5 er the life of the NRC operating license. Provision for depreciation of other utility plant is computed on a straight line method at rates based ou estimated service lives and salvage values of the several classes oIproperty. The depreciation provisions were equivalent to overall effective rates of 3.23%. 3 55% and 3.55% of depreciable property for 1990,1989 and 1988, respectisely.

Maintenance and repairs of property are charged to maintenance expense. Replacements and betterments are charged io utility plant. At the time properties are retired, the cost of property retired plus costs of removalless salvage an charged to the accumulated provision for depreciation.

De cost of nuclear fuelis amortized to expense based on the rate of bum,up of the individual assemblies comprising the total core. The Company aho provides for the costs of disposing of spent nuclear fuel at rates speciGed by the DOE under a contract for disposal buween the Joint Owners and the DOE. See Note 3.

The Company is expensing monthly payments to a state managed fund for the estimated costs of decommissioning Seabrook over the plant's NRC license life. The state managed decommissioning trust funds and the related lialslity for Seabrook's decommissioning are not reflected on the Company's balance sheet since the trust is independent of the Company and is irrevocable. Any chages in estimated costs will be accounted for prospectively. Sie Note 3.

Operating Revenues. Revenues are based on billing rates, authorized by applicable regulatory commissions, which are applied to customers' consumption of electncity. These rates include estimstes of the cost of energy incurred by the Company in the generation or purchase of electricity. To the extent that energy cost estimates differ from actual cost incurred, the differences are deferred and refun&d or charged to customers through periodic rate adjustments. The Company records an estimate of revenue for service rendered but not billed.

Allowance for Funds Used During Constnietion ("AFUDC"). AFUDC is the estimated cost, during the period of construction, of funds invested in the construcuon prograrn which is not recovered from customers thrwgh nnent revenues. Such allowance is not realized in cash currently but under the ratematsg process me arrmnt of the allowauce is expected to te recovered in cash over the service life of the plant in the form of increased revenue collected as a result of higher plant costs.

Capitalized Interest. As desenbed in Note 4, in 1987 the Company adjusted the cost basis of its investment in Seabrook to eliminate AFUDC and to suostitute capitalized interest, which is the accounting tJeatment used by non-re gulated enterprises. For the six months ended June 30,1990 (the date of Seabrook commercial operation) and for the years g 1989 and 1988 the portion of interest associated with the Seabrook plant was charged to the accrual for estimated future W Seabrook expenditures. Interest en Seabrook related construction subsequent to June 30,1990 is being capitalized.

Page 123g >

n

6 j IVB1.lc trJtVicT (VMPANY OF NrW ltAMP$lHRE ik 3:,1940 j An Origuset I ------- - ---------------

O - - - - - - - - - - - - NOTI 3 To r!N ANCIAL ST ATWINTS fuirwomd){

Farnings Per Common and Cominen Equitalent Share. Eamings per common and common eqt,ivalent share wv calculated for 1988 by adjusting earnings avadable for common stock for Ltw assumed interest income that would result from the investment of tlw J.roceeds from the assumed etertine of 18.372,999 common stock pumhase m arranta, at an emercise price of $$ per share, in escess of those proceeds used to reperchue 20% of the Company's outstariding shares of common stMk in treasury bills Tte resulting eamings avmilable for common stock n as then divided by tie m elghted sn etage number of shares of common sinck outstarding and common stock nsumed to te outstaneng upon the esertine

, of a artarus aid assumed repurchases o, .ommon stock. For die yean coded December }l,1990 and 1989 the loss per common share was celculated by do ldmg earnings available for common stoc k by tie m elghted average number of shares of common stock outstand og.

If the Company had vi dacontinued accruing pre ferred dividerd requirements, eamings (loss) av alf able for common i stock and eamings (loss) per cornmon ard common equivalent share would have twen $(230,9,%6.000) and $t$.95),

$(241.211.000) ard $(6.09) ard $14.298,000 and $0.3$ for tre years erded December 31,1990,1989 ard 1988, j

taspeedvely.

Ratio of Earnings to Fined Charges: Combined Ratio of Earnings to rised Charges and Preferred Disidends, Eartungs represent the aggregate of twt income (loss),less urdistnbuted income of unconsolidated companies, plus provisions for federal ard state lates on income ard fited charges. Fited charges represent interest, related amortirauon aidtheinteresicomponentof annualrentals Titedcharge andpreteneddividerds comistof fiaedcharges arddividerds l (adjusted to the amount of pre tas eartdngs a hich w ould te required to satisfy such dividerd requirements on the pre fe/ red  ;

3 stoc k).

6. Liabilities Subject to Settlement Upon Reorganisation The Company ceased paying interest arvi maturines on its unsecured debt in October 1987. On January 28,1988, the f

- date of the fding of the peution in bankruptcy, the Company ceased accruing interest on its umecured debt ard ceued

~

paying interest ard matundes,includmg sinking funds, on the remainder of its detv. The Hararuptcy Court sutuequendy granted a motion of the Company to perndt payment of interest on the first mongage borvis, the gerwral and refurding morttage bords and dett secured by any such bords dunng the pendency of de bankruptcy cue. As contemplated by de Plan,0w Compaay recommenced semi annua! rayments ofinterest on its Tidtd Mongage Bonds and indettedneas secured by its Third Mortpge bonds as of July 1,1090 These amounts are classined as cunent liabiliues at December 31,1990.

4 All pre petitlan obligations of the Company are subject to settlement upon the consnumation of a plvt of reorgani. I rarkin. Additionally, the Plan provides for (i) umecured credaton to receive $110.6 milhon of post petition date interest ard for (10 Third Mongage Bond holders and 10.5 % Pollution Control Revenue Bord holders to receive interest on unpaid {,

post.peuuor. interest paytnents. As of Jurr 30,1990 the Company capensed these amounts and recorded the related liabibtles as Liabihues Subject to Settlement Upon Reorg,anization bued on the fact that tie occunence of ttr Effective l Date and payments of these amounts appear probatsle. Such interest w ith additional interest that will accrue from July 1.

1990 to the Effective Date on (i) unpaid post petitioninterest pagnents and til)the 5545 million estimated cash distribution j

to unsecured creditors will be paid on the Effecute Date from the proceeds of planned Gnancings. Interest on tie $205 mdlion of Notes is also being accrued from July 1,1990. Imerest will tv paid semi annually commencing July 1.1991, The following table lists the amounts of recorded liabilities a hich have teen classined as liatulities subject to settlement upon reorganir.ation.

i Y

O i l

Page 123h 3

. = , +,.m,,-.,,_ y~%,,-rm,-,,e.,wew-,,,emm.,-m---. . . u , , bv -m >

itsuc stavictm)Mr ANY OF Nrw IIAktr$ HIRE tw.}l,t990 An onen.1 NOTI;$ 1011N ANCMI. 5T ATIM ENT3 (wnunwee Decemter 31, Ikcemter 31, 12N 1H2 (Theusards of IX,llars)

Prt. Petition:

Long.Teim tkt4 $1,478,458 $ 1.478,458 Unamortired Premium and thscount (99,515) (100,694)

Iloating Rate Notes 100.000 100.000 Accrued Iritere':t 103,981 103,981 Accounts Payat le ard Otler Current IJatiihties 18,747 _19,698

$ 1,601,67 i $1 A01,443 December 31 Decemter 31, 1220 1M2 (Thousands of Douars)

Post. Petition Interest General and Refur fing Mongage Borxis Sene. A $ $3 $ -

General and Refunding Mortgage Bords.Senes B 102 -

Third Mortgage Bords 94.953 59.545 10 5% Pollution Control Revenue Bormis 30,733 20,210 Unsecured Post. Petition Date Interest 110,600 -

Cash thstntmtion for Unwcured Creditors 26.569 .

$ 263.010 $ 79.756 7, In(OrF Tazes The componcats of Income Tat Expense (Denent) are as follon::

12W IH2 123 (busands of Dollars) included en Operating Expenses Current Federal $ 465 $ 21,128 $ 37,955

. State 68 502 3.836 53J ITED 41,WI Deferred. Federal 672 7,101 (3,875) linestment Tax Credit Adjustments (680) (574) (57.1)

$ 515 $ T i3? $ 37,342 Included in Other Income and Deductions Cunent. Federal $ (465) $ (2 0,182) $ (37,792)

Current State .

(386) (3.699)

Deferred Federal ~ (672) ~(72,284) 41,754

$ il.Ilf) $iDU52) $ 2p Total income Tat Espense (Benefit) . Federal $ (680) $ (65,st I I) $ 37,468

. State 68 116 137 5 (612) $T65 613) $ 37,Q5 At Decemter 31,1990 the Company had, for regular tax purposes, a net ope rating loss ("NOL") carryforward of approtimately $570 million etpiring tetween tte years 1999 and 2005, and an Altt mative Minimum Tax ("AMT") NOL carr> forward of $560 million upiring tetween the years 1999 and 2005. For fmancial statement purposes the NOL carryforward is approxim ately $240 million Investment Tax Credits ("ITC") utilired are deferred and amortired to inccme oser the lives of the related properties. At Decemter 3i,1990 the Company had ITC carrytorm ards of $65 million, after the Tat Reform Act of 1986 reduction, which expire tetween the years 1994 aid 2005. As descrited in Note 2, the g

Company has Gled for pretection under Chapte r 1 l of tie United States Bankruptcy Code. A teorgartiration of the Company under Chapter I i may limit the usage of net operating loss and investment tu credit carryforwards so that some may expire l Page 123i i

W

_ - _ . _ _-._._ - -- -- - . _ . - - - - - - ~ ~ ~ _ - -_ . _ _ - - , _

I L

il'alJC $f 3tYRT WMrANY Or' M"W ll4MP$ltlatt tim it. I ho  !

Am (*g met i

-- - - -.- L N0f131011N ANctAl. fT AT1* MINT $ nmesmmi) [

L unuwd Approtimately $120 rmilion of the tegular ard AMT NOL carry form aids, espinns in 2005, are avallable for use tm an urnitmeted basis after the Company completes its reargarutation

(

1 The tan effect of d Iferences tetw een pretas income in tie financial statements ard irwome subject to tat, mitic h are the result of timing differetxes, are accounted for as presented by ard in accorda:Ke with tte ratemaking policies of tte ,

NHPUC except fot (biferences associated with the Company's investment in Seabrook. Acconhngly, provielma for l defened income tates are recognited for all timing &fferetxes specified t v "v NHPUC ard for all timing afferences  !

aunciated a lth Seabroen. Tates attnbutable to other timing af ferences are . 4 ed through to nel trKome as adjustments i to income tat esperne. As of I)etember 31, 1990 tie Company had not provided cumulative &ferred lates of  ;

apriotimately $16 million relating lo various tas deducuens *tuch had teen flowed through, The principal timing i dif ference which has teen flowed through is the etects of tat en er took depreciation for aswts placed in tervice before 1971 Provissorts for deferrt lincome lates are surntnatifed as follows: .

t IM 1919 1918 >

(71maands of Ik 11arsi Provision for Future Seabrook EspetxLtures $ 6.226 $ 4,447 $ 16,143 Capitalired interest (ISI) {$30) ($4) ,

Normalired Timing Differences Relarmg to Plant 26,l R4 1,3 R ) 6,472 Ikfened Fuel Costs (9.34l) 6.661 (3.807)  ;

Lesus on Generating Projects (1,991) tRR,969) .

Etcess of Book oner Tat (Tat over Book) i Unused Net Operating Loss Carry forw and 1 l ri,339 (29.791) (26.424) i Seabrook Unterured Interest f14$,$0R) 49.632 44.266  !

Seabrook Compreternive Settlement R,107 (R.107) .

Other 105 71 1,307  ;

$~ $5.li)) II7,hN

~

=

O 'The pnncipal reasons for the differences terween total mcome it j federalincome tat rate (34% for 1990, 989 and 198R) to in(ome tlou) tw fore income lat: i 1220 1939 1911 '

ntnu. nd. of twi.r.,

i incorne iLoss) Before income Tat $t 210.624 ) $(268.93h $92.87R i Expected Tat Espense $ (ii.6i3) $ Fli,437) 531,578  :

Increase (Reduction)in Taxes Resultmg from AFUDC Equity (78) (I$4) (203)

Reorganization Espernes 7,466 . . ,

thiference Between Book arxlTat Ikpreciation-  !

Not Normallred 2.603 2.59R 2,496 i Other Dedu(tions and Adjustments 500 340 2.513 Unuwd Book Net Operating Loss $9,2R R 21,6R7 .

Unbilled Revenue 1,221 1,221 1.221 Total income Taa Expenw (Benefit) $ iMb $ 1.__

6M_9})

$37,605 The Financial Accounting Stardards Board ("FAS B") has promulgated new income iat scounttng rules

• hich will require the Company to change from the deferred method to the liabahty trethrd of accounting for income tates T1e l

liabihty method accounts for deferred income tates by applying enacted statutory rates in eIfect at each balance sheet date

}

to afferences tetween the took basis and the las basis of sucts arid liabilities The Company currently plaris to adopt,in ,

1992, this tsardard on a prospective basis. Upon adoption the Company espects that a regulatory asset, for the tat eUects  !

of temporary &fferences which will be recoveted from customers in future years, and a related deferred it.come tat  :

I liabthly, uilt be established No matenalimpact on the Company's financial positwn or results of operatiota is e spected.

O  !

Page 123)

M'BLIC stJtYtCT (UMPANY OF M*W HAMPsHIAf Dec. II,194:

An Origmal NOTT.s TO FIN ANCIAt. $f AITMl

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _'NTS hwinnd )

8. Postemplop ment Benents Pension Plan. De Company hu a defired non.contnbutory pension terefit plan covering sutstamially all of its employees, The bene 0ts are based on years of service ard the employee's compensation during the highest consecutive five years of earnings. De Company's policy is to furd the minimum amount requiral. Costs mese $18,621,0(10,

$8,240,000 and $7.500,000 in 1990,1989 and 1988, respectisely, Contnbutions are intended to provide for tenefas attnbuted Io wrvice to date and fer tenefiu eapected to be eatted in future years. De assets of the plan primarily include United States Govemment Bc.nds, other bords utdch are of investment grade, ard stoc ks of publicly traded ccoupanies.

Net pension cost includes tie following compotents:

D90 HH DH ramaande of futimi Service Cost for Berwnts Earned During the Year 5 7,61l9 $ 6,193 $ 3,614 Interest Cost on Projected Berwfit Obligation 11.547 9,878 9.073 Actual Retum on Plan Assets (3.293) 3,012 (9.463)

Net Amortiration and Deferral _jd.322) 110,,843)

_ 2,27,4 Net Pencdic Pension Cost $_lj 621 $_8J4p $ 7,500 De following tatile wts forth the plan's furded status :

At Decemter 31 D20 30 DM (husande of Do;lar:)

Actuartal Present Value of Berent Obligations:

Accumulated Benefit Obligatim, incluang Vested Berefits of $101,267 at Decemter 31.1990, $93,826 at December 31,1989 ard $80,518 si Decemter 31,1988 $ 102,497 $ 96,81$ $ 83,$85 Additional Berwnts Related to Puture Compemation levels .30a,7]

6 .,49a0_$j) ,,,4 lJ4j Projected Benefit Obligation for Service Rerdered to Date 163,169 145,86$ 124,926

- Assets Available for Berwnts 104)B A 2_44 _99. 4 0 Projected Benefit Obligation in Excess of Plan Assets 38,805 46,621 25,086 Unrecognized Net Transition 06113 ation (7,610) (8,010) (8,4II)

Unrecognized Prior Service Cost (4,867) (2.$ 80) .

Unrecogrdred Net Oain or (Loss) from Past Expenence Different From that Assumed ard Effects of Changes in Assumptions (25,913) (19,206) 741

Accrued Pension Costs 5 20,415 $ 16,825 $ 17,416 The weighted average discount rate and rate of increase in future compensation levels uwd in determining the actuarial present value of the projected terwfit obligation were 8% arxl 6%, respectively, for each year, De assumed investment rate of retum for each year was 8.3%

See Note 3 for a discussion related to sutstantial losses incurred in 1989 in one of the portfolloe of the Company's Pension Plan.

Health and Life lasurance.De Company provides certain health and life insurance terw fits for employees, Sutetantially all ofit= Company's employees may tecome eligible Io continue those benefits if they reach retirement age m hile worting

- for ttw Company. nose tene fits are pmvi.bl or administered through insurance companies whose premiums or charges are based on the terwfits paid during the year. ne Company recognires the cost of providing those benefits by empensing the annualimurance premiums, which were approsimately $2,0$0,000, $ 1,793,000 and $ 1.765,000 for retired employees in 1990,1989 ard 1988, respectively.

In Decemter 1990, the FASB issued new accounting rules ahich will require the Company to change from tie cash method to the accrual method of accountirm for postrethernent teneGts. The accrual method will require the Company to Page 123k

_ _.f i

i n'buC $IJtVICE COMPANY OF NL7 ILAMPSIURE N.11,1MD t An Ongv,el O - - - - - - - - - - - - NOTI.S 1011N ANCLAL sTA11W:N1S (swinu record the estimated etperde of ponrietirement lerwfits as employees render the services twcessary to eam their postretiremtat benefits, Management plans to adopt the tww rules ori a prospective basis in 1993. Upon adoption, in accordance with the Rate Agreement, the Company e apects to receb e the same rate treatment for its incurred costs as that ,

afforded to other New Hampshire utilities by the NHPUC, Assuming that such costs are pennitted to be recovered from t rate payers on a prospectue basis, management belies es that implementation of tlw tww rules would ist have a material [

impact on the Company's future financial position or results of operations.  !

v.I,eanos l i

Rentalt charged to empense la 1990,1989 atal 1988 were $6,45.2.000,56.098,000 and $4,826,000, respectively. l including teetals to the w bolly om red real estsie satisichary of $1,219,000, $1,211,000 and $1.230.000 in 1990,1989 and j 1088, respectively, At December 31.1990 estimated future minimum leane payments for non cancellable operating lesees  !

- were as follow::

199l $ 9,8R9,0(0 1992 9.207,000 1993 6,437,000 1994 5,541,0(0 1993 4,297,000 Thereafter 18,734,000 ,

$$4,105,000 j i

10. Supplemental Cash Flow Cash Payments for Interest and income Tates u ere as follows: i i

H2O HH HH- [

(Thousands of Dollars) i Total Interest $ 47,227 $ 49,593 $ 48,148

{

Capitalired intetest 7,$ 89 20,57$ 24,17i L Interest (Net of Amount Capitalired) $ 39,638 - $ 29,018 $ 23,977 -

f I'

- Income Taxes $ 68 $ 368 $ 107.-

i i

i O

Page 1231 t

?

l l

t IVDLIC $IRVl(T (UMPANY OF NEW ltAbtt$llmE lbs.H.1989- f An One. net j NU11310 llN ANC1AL sT ATTMINTI (*=sinued) )

-- --- -- i I

Supplemental Summary of Nonca$b I'inancing Activities: l I

Warrant P.aarchas  ?

During 1989, the Company lseued 4.952.800 nhares ofits Common Stock upon the e merciar of Wartae's and the tender ofIhe requisite principal amount ofits t ? l/2% Debenturea utdet the te rms of a settlement agtwmero eniered into totawe .

the Company and Spear Leeds & Kellogg and Elliott Associates. L P., whlch provided that allholders of Warrants were - i permitted, during the period commencing May I arxl eruhng September iS.1989, to tendet subject io ceitmin restrictions.

Debentures for the lasuance of 200 shares of the Company's Common Stock At the end of the esettlee period. the ausgefulon of the right to esercise the Warrants. instituted in Jure 1986.

• as rdastated. The Warsants eapare by delt terms

- on October l$.1991. The Warratas are cancelled urder the Plan. .

The Company's Common Equity. Liabilities Subject io Settlement Upon Reorganization ard Accumulated Deferred i Taars on locome were affected by the Warrant exercises as follow:: [

(Numands of !btlarsi j

- Common Stock ard Other Pald.In Capital U)AR1 l 6

17.$% Uruecuted Ikbentures (24,764)_ f

- Accrued interest (3.3%)

Unamortired Discount 4.620

- Unamortired Debt Expernes .98 Accumulated Deferred Tates on income

$12.3i@

$ (449)-

-g .

I l,

I l

e I

I i

i l

i  ;

.l I'

l l z Neat Page is 200 t i

Page 123m ,

I >

l- t

- " ^ " " --

4 4a4hh-pA.4a.AW."' - .L.dwe- ad am.k.E Ad dJ -

J I

q a a l i i

O I

I b

't I,

4 I l 4  !

s 4

1 h N k N kk kkk I

)

O I

9 n

i e

l l

l l

i I

h 1

?

1 0

i

- - - , - ~ - ,-_-nn- .n,.,-...n,,....___. -.-1

hv0 Lit $ltvitt (WAnt of hf ul >AMF$Niet tec. 31, 1990 Ar. Original

$UMMARf of UtiLift FLAh! AhD ACCUNLAf(D Fe0Vil10hl f DR C[FR[CI AtIDh, Amoeil24flCW AWD CIPLif10W lLinel Item l Total l tiectric j l60.] (a) l (b) l (c) l g...... . .. .............. ......... ..................... ........... ....... .........................................;

l 1l Ut!Litt Plant l l l l 2 l An service l l l l 3l Plant in $ervice (Cisssified) l 2,143,993,148l 2,343,M3,148l l 6l Prnerty Utder Capital leases l 240,443l 240,443l l 5l Plant Purchased or told l l l l 6l Cnteted Construction net Classifled l 145,223,078l 145,223,078 l l 7l tmtbental Plant Unclassified l l l j l l. . ... . .......l.................l l 8j 10tAL ([nter total of lines 3 thrw 7) l 2,429,456,669l 2.489,456,669l l l l........... ....j.................l l 9 l Leased to Others l l l l10lMeldforFutureUse j 4,229,083l 4,289,063l l 11 l Construction .ork in Progress l 6,763,699l 6,763,699l l 12 l Acavisition Adjustnents l l l l l i.... ..........l- -4 l 13 l t0fAL Utiltty plant (inter totat of lines 8 thru 12) l 2,5003r>9,451l 2,500,509,451l l 14 l Acc e 8.cv. for Dept., Amer t .,1 Dept . l 342.565,222l 3E2,565,222l l j  ;. . . . ....

...l....... .......l l 15 l 4et t,titity Plant (Inter total of Line 13 let.: 14) l 2,117,94.4,229 l 2.117,944,229l l l l. . .... . .......l............. ....l l l OE T AIL Of ACCUM'JLatto f a0vis!0hs f oe l l l liGl CfralCIAf!04, ACRil2 AtlCh AND ff PLit104 l l l l17lleService l l l l 18 l Depreciation l 382,528,474l 332,525,474 l l 10 l A mrt. and Dept. of Producing watural Ces Land aro Land aliets t l l l l23l Amor t , o f unde r g r owM s t or age L and and L and e i gh t s l l l l21l Amrt, of Other Utiticy Plant l 1,120l 1,5?0l

l l..............l................]

l22l 10 tat in Service (inter tetet of fines 18 thrw 21) l 382,529,994 l 352,529,994l l 23 l Leased to others l l l l26l C epr ec iat ion l l l l 25 l Amrtication aM Deptation l l l l l j.................l..................l l 26 l 10t#L Lassed to Others (inter total of lins 24 ard 25) l 0l 0l l21lHeldforfutureese l l l l 28 l Deprecistton l 35,228l 35,228l l20l Amr t i s at i on l l l l  ; g.... ... . . ...p ................l l33l 10fAL Netd for Future use (Enter total of lines 28 and 29) l 35,228 l 35,228l l l j... .........l......... ......l l 31 i Ateandovent of Leases (hatural (as) l l l l 32 ( Amort, of Plant Acaat tition Adsstrent l l l

; l................l.................j l33l 10 tat Acc a lated Proylgjons ($hould S ree with l'he 14 alm e) l l l l l ((nter total of lines 22, it. 30, 31 aN 32) l 332,565,22; l 382,565,322l

.... . .. ... .............. ...... .. ...... .. . ..... ... ... . . . .. . . .sssssssssssaissarssessassesssssssssssse P8}e if' kent Paga is 202

...n. -_.~~_wsx ..ns- ...-nn-s-.--~...._nn- - n . ~ ..._- _ _ . =~ .. --,-._ .

P 8

i O  !

t I

t L

?

• l i  !

l

. )

l l

I i

fMIS PAGt M48 Mit latthfl0NALLY LIFT 8tAht i l

r f

p I

. O I

, )

i I

t i

b l

t I

i

?

, . A i

l.

i g

h t

l r

?

1

?

f O  !

t f

I I

i e

I.

te-,--#pewi,-egv y,,.

9we rp v---pyp ,,,9., .y-.,,. g.7,,c_g.n, ., . _-,p,..., y,ww.,.%w.n,.m%wys,.

PUBLIC tityl;t C;W aht CF htW WAMPlalti tet. 31, 1990 An Original kJCLF AR IVil NAf ttlall ( Accosnts 120.1 (P rough 120.6 ard 157)

1. R ecort teelee the costs incurrH for ruclear fuel materials nent s, a t t ac h a s t a t enent show ing 161 aru ct of tv in process of f abrication, on hard, in reactor, ard in cocling; clear f uel leased, ths quantity * .cd e d wantity owned by the reswdent, on b e% ard t he c os t s i nc ur r k urde r suc h t eas i ng

2. If the nuclear fvet stock is otsteined urder leasing arrange- a r r angerent s .

l l l l Changes curing veer l l l i j..... .. ... ..

..... ..i l l l Balance l l lLinel Description ,f item l teginning of fear l Additions l lko.l (a) l tb) l (c) l l...

..l l 1 l Nsclear Fuel in Process of tefinenent, Conversion, l l l l l EnrIchnent & f sbrication (120.1) l l l l 2 l t at:r i c at ion 1 0l 1,172,034 l l 3 l hvetear waterials l (1,6323l 1,161,051 l l 4 l Allemence f er f u'ds Used dsting Construction l 33 l 179,161 l l 5 l Other overbead Construction Cests l 1,161 l 60,770 l l 1 l- -l- -

1 l 6 l Sv870fAL (Intee ictal of lines 2 thru 5) } (438)l 2,592,046 l l7 l h se l e a r F ue t ma t e r i e t s a*4 A s s eatil l es l l l l 8 l In 5t-9 (120.2) l 435,252l 551,234 l l 9 l :n teac ter (1?0.3) l 3,$45,943l l l l j. . .. . .

....l... . . .

...l l10 l $UBf0fAL (Inter Tctat of lines 8 and 9) l 4,281,195 l 581,834 l l 11 l Spent nuclear f uel (120.4) l 3,308,114 l j l12 l hs: tear Fset Under Capitat leases (120.6) l 0l l l 13 l(Less)Acce.Prov. for Aaertitetion of hsclear l l l l l f uel Asse+t ies (120.5) l 4,082,660 l l l l l. . . . . .

.i. . ..

.l l 14 l 10 fat hselear fuel stock (Inter total of lines 6, l l l l l iO,11 ard 12 iesa t ine 13) l 2,6D6,211 l 3,1 T3, e.50 l l l i.........................l..........................j l15 lEstin.atedhettalvagevalueofhaclearMater6al. l l l l l in ( f re ? l l l l 16 l Estim.ited het Salvage Value cf haclear materials l l l l l In line 11 l l l l 17 l Estimated het Salvage Value of Naclear Materiets l j l l l in Cheelcal Processing l l l l18 l hsclear Materials Held f or sate (157) l l l l 19 l Ur anitsn l . l l20 j Flut onite l l l l 21 l Otter l l l l 22 l TOTAL hsclear Materials Held for Sale l l l l l (Enter total of lines 19, 20, ard 21) l l l I

tage 202 O

Pvtlic likvitt CCWA2V 0F htw 2Amtsaltt Dec. 31, 1990 -

An Original

_D i WUCttAt futL MAff al ALS ( Accounts 120.1 through 120.6 and 157) (Contirwed) j l Charges During th9 Tear l l l j........................................................................l l l l l Other teductions l Salance l l l Anor t is ation l (taptain in a footnote) l trx! of Year lLineI

• l (d) l (e) l (f) l kr.I ,

i..............................................................................................................I I I I i 11 -

1 I I I I -

) i 25,573 l 1,197,6071 2l l l 20,770.502 l 21,929,951l 3[

i i 16,u o 965 l 17,c39,159i 6l l j 436,355 l 498,2S6l 5l ,

j..................................l...................................................................l l I I 3s,o73,395 ( A); 40.665,0031 6l l l I I TI J l ( 738,100)( B ) l 278,356I 8l l l 37,2es,615(C)I 41,129,35sI 9l j...................................l.................................................................l  ; ,

I l 36,544,715 l 41,407,744l 10 l (q/ l I I i I I

3,30s,114l of 11I til l 1 l l l 131 1 10,5e1,505l l 15.su,165 I i j..................................l...................................l...............................l l l l 1 1 161 l 10.581,50s1 7',618,110 l 69,816,696I I l...................................l....................................l...............................I l l l I l 15I I I I l l

~

l l l l 16I l i i l I ,

I l I i 11 i  ;

I I I l l l l l l 18l ,

I I I i 19I I I I I 20 i  !

I I I I 21I I I I l 22I I I I l l k

Page 203 j 4

i b

,. _ _ , , _=_-. _

PUBLIC 5(RVICE COMPauf 0F #fW NAmPsNiet cec. 31,1990 An Orlpinot NUCLtAt futL I4A11tlALS ( Accoets 120.1 through 120.6 and 157) (Cmtinued) 4 l

1

~

lLinel l lNo.l l

_l.......................................................................................................................l l 1 l taplanetton of other kedxtlone l

l. 2 l****************************** l

~l_3 lA.CheneestoAccomt120.1 l

-l_6 l ........................

l

., l $ l1.ReflectsadjustmentofSeebrook1989_lapelrmentwriteoff. 2$,$13 l l 6 -_l 2. Reflects adjustment of teobrook 1989 lapeltment writeoff. 20,851,24$ l .

_l.P l 3. Northeast Utilities Mlitstone F3 stueleer material credit transections. (84,143)l l l 8 l 4. Reflects adjustment of lembrook 1989 Inpeltment writeof f for AFUDC. 16,840,965 l i

'l 9 . l 5. Reflects adjustment of seebrook 1989 lapelrment writeof f. 436,351 l- .l l io l- ............

l l 11 l 38,073.395'l- ';

l 12 _ l l ,

- l 13 l 8. Reductions to Accomt 120.2 l ,

p3 l ........................... l l 15 - l 1. kortheast Utilities mittstone No. 3 wucteer Fuel cash transfer from 120.2 to 120.1. (396,898)l ,

l16-l2.AssociatedeMContheabovetransfer_frca120.2to120.1. (91,002)l -

l 19 l 3, teflects adjustment of lembrook 198v Imeiraent writeof f. (!$0,600)l-1 l 1g l ............

l

- l 19 _ l (T38,700)l l 20 l ............ l l31.lC.ChangestoAccount120.3 l- '

l 22 l ************************

l l 23 l l  !

l 20 -_ l 1, tef tects adjustment of sembrook 1989 lapeirment writeof f. 72,087,036 l l l 25 ~l 2. Reflects h*Puc diseniowence of seabrook Inittet Core. (34,803,621)l l16-[ ************-l l 27 l 37,213,415 l l 28 l ......c..... l 4 El29 l l ll30_lWOTE: In 1989, the Company concluded that it was appropriate to recognise e sembrook inpairment loss of- l l 31 l 8260 mittion. The vetue of Seabrook Nucteer Fuel wee redxed to sero per the "teorganisation Plan". l l'32 l In 1990, the Company edjusted the value of leebrook Wucteer fuel to the value on the Conveny's booke l

l.33 l st Deceaber 31, 1987, subsessently, the mMPut determined that the value of seebrook mucteer Fuet l l34 l should be proportionel to the value of the lembrook Plant. Conseq>ently, the WHPUC disettowed e l l35 l. portion of the seebrook inittet core. The Ccepeny transferred the disallowed vetue to the seabrook -l

~l M I pteat. l i

4 O.

,ete ,03e y m- --w' ..c,,e.,,,,w,.-% p-,,y 7,-_,w., , - . . w g . - , , . -- _,.,,.g.q,-y m. w y

. ,-.,_.m._ ,,,__ pew _.,-c y yr w- +---gw-,-ewww,,vw,,pw--

Wi Mi iE O

TNil PAGE bel Stf4 14ttu11% Atty (gtt gtang O

O

Pestic stavl(t (Want 'd htW W$Njlt Dec. 31, IWO An Original Etttfelt PLAh! to 5ttwitt (Acc u ts 101,102,103, ard 106)

1. sepcet telo the origlNL cost of electric plant in service est imated Lassis if recessary, e d Ird ude the ent r ies in c ot Jm according to t>e prescrited accounts. (c). A t to t o te irc lujed in c olJ1n (c ) are entries for reversals

2. h exition to Accort 101, Electric Plant in service (Cits* of tentative dtStritotions of prior year reported in cot.rn (b).

sified), this page ord the neat i nc i a.ie A c c omt 102, ( t ec t r ic Line.ise, if e resgmient has a significant anuet of plant re.

Plant Purchased cr $ctd; Acce 103, t aper inental tiectric t i r enent s t a etd of the year, inclu$e in cotten (d) e tentative Plant Unclassified; ard Ac'c 106, Carpt e t ed Cons tivc t i on h ot d i t t r i tot i'n o f suc h r e t i r ecent s , on on es t i ma t ed t a s i s , w i t h ap-Ctestified a tiectric. %g,riate contre entry to the accort f or accuNteted deprecle*

3. Inc l uce i n c o t J9n ( c ) or (d), as erorcorlate, corrections of tion provisico, incluse else in cottam (d) re,ersals cf tentative tdditirs ard tetirements f or the current or prece.dtng year, distritotions cf prior year of mclassified retirenents. Attech

6. Inclose in parentheses credit adjusteents of plant acccets sucotenental statenent showing the acccet distritotions of these to ledicate t*e relatine ef f ect cf such accounts. tentative classifications in col.ma (c) erd (d), i nc t Ld i ng t he

5. Classif r AccMt 106 accorr*Ing to prescrited accounts, on an reversals of the prior years tentative eccce t distettotions of l l l tatence et l l lLine l Account l 8egirning of tear l A titions j l ko. l (e) l (b) l (c) l j.... . ... . .. . ... . .. .. . . . .. . ... . . . ...... .. . .. .. ....... . ...

.l l 1l 1 thtACitit PLaht l { j l 2 l(301) Orgaaltation l 45.057l 0l l 3 l<3 21 Franchises and Consents l 0l 1,971,674 1 l 4 l(3:3) miscellaneous intangible Plaat j 0l 0l l 5l 70 tat tr'tamgible Plaat (Inter total of lines 2, 3, ard 4) { 65,057l 1. 9 ?1. 6 74 l l 6, 2. IR W ; tion fLAnt l l l l 7l A, steam Prcduction Plant l l l l 8 j(310) t ard ard L and e l 9h ts l 739,971 l (102, N )l l 9 l(311) Structu es and Irrrevearnts r

, l 47.th,50$ l 23!.166 l l 10 l(312) Bol t er Plert tavirrent l 166,0!2.t42 l 10,033.536l l 11l(313) teg Mes and Engine Driven tenerators l 0l 0l l 12 l(314) tur tegereretor Units l 55,769,312 l 7, m . ') l l 13 l(315) Accessory tiec t r ic tuvirrent l 17,4es,593 ; (115,484)l l 14 l1311) m i s t . P owe r P l ant f as i srent l 9,5% ,591 l 53,354 l l 15 l t0f AL $ team PrcWetion Plant (inter total of t hes ! tors 14) l 297,5R,t37l 17,671.461 l l 16 l 8. h uc l e a r P r c=1sc t i on f l ant l l l l 17 l(320) Lard and tand 8i96t: l 8,C60 l 5,100,702]

l 18 l(321) S t ruc t ru es ard 1 pr e ecen t s l 33,729,562 1 440,259,121l l 19 l(322) teactor Plant lautgrent l  %,5 35,7% l e52,795,393 l l 20 l(323) turtrger.erator units j 13,345,490l 107,4 33,271 l l 21 l(326) Accessory tiec tric Equirrent l 10,827,98?l 15 7,7t$,075 l l 22 l(325) Misc. Po-er Plant f aul t rent j 2,379,900l 49,394,138 l l 23 l Tot AL huclear Production Plant (Inter total of lines 17 thru 22) l 117,367, m i 1,412,747,763l l 24 l C. Hydrsu!lc Prcduetion P1 ant l l l l 25l(330) L and and t ard s i gn t s l 1. W ,600 l 0l l 26 l(331) Structures ard hprovements l Pl.207,571 l 59,354 l l 27l(332) Reservoirs, Dams, and hatermars l 14,760,432l 349.249l l 28 l(333) Wat e r Wee t s , t ur b i nes , ard Gene r a t or s l 8,127,217l 0l l 29 l(334) Accessory Electric tavl; rent i 2.704,793 l 38i'1l l 30l(335) misc. Power Plant Equirrent l 6'AtA5l (8.083)l l 31 l(336) toads, tallroad,, and Briclges l 135,234 l 3,24l l 32 l t0tAL hreraulic Prcouction Plant (Enter totst of t hes 25 thru 31)l 36,491,492 l 441. 95 7 l l 33 l D. Ot h e r P r cduc t i or. P l ant l 1 l

l 34 l(360) L and rd L ord e i gh t s l 12,709 l 0l l 35 l(341) struc tur es ard leprovearnes I 364,471 l 72,9'9l l 36 l(342) Fuel n.t ders, Prcduc ts ard accessor ies l 225,211 l 92.452l l 37l(343) Priwe movers l 605,832 l (55.321)l l 3B l(346) Generators j 7,315,222 l 51l l 39 {(345) Accessary Elec t ric EqJigrent l 8,8,200 l 0?

Page 204

PUBLIC titVICI CC::#AzY of stW aAMP5Nitt tec. 31, 1990 An original tu Silvitt (sccomts 101,102,103, a d 106) (Continued)

O......................ELECitlCPLAhi..................................................................................... ........ .. .... .

these amoets. Careful observance of the staove instructions show in cole (f) cnly the of f set to the det its or credits and the tents of Accomts 1016rd 106 will avoid serious alstritasted in colm (f) to primary accomt classifications.

omissions of the reported amoet of resporcent's plant act- 7. For Accomt 399, state the nature and use of plant inclawd ually in service at erd of year, in this accomt and if shtential in enount shit a succle-

6. Show in col m (f) reclassifications or transfers within mentary statement showing succomt classification of such Ltility plant accounts, include also in coln (f) the aMia plant conforming to the re$lrements of these pages.

tioes or redsctions of primary accomt classificaticns arls* s. f or each enount ccurrising the reported balance ard changes irg from distribution et ano mts Inillally recorded in A6- in Accomt 102, state the pecterty purchased or sold, have of count 102. In thewing the clearance of Accomt 102, include verdor or gaarcheter, and date of transaction. If proposed jour-in ccdJn (e) the enounts with rescect to accattated provia nel entries have taren filed with the Comission as rewired t'y slon f or depreclation, as*QVIsition adjustNents, etc., and the Unif ors $ystern of Accomts, give also date of such filleg.

l I l l palance at l l 1 l Retirements l Adjus tnent s l Transfers l trd of test l lLinel 1 <d) l <e) l (#) 1 (g) l lno.I j.................... .................................. . ... ............ .......................................... ....j i i I l 1 l 1l 1 oI oI ol 45,057lt301) l 2l 1 oI ol o1 1,971.674 l<302) i 3I l 0I ol 0i oit303) 1 4I I oI oI ol 2,o's.n1 l 1 sl 1 l l 1 l 1 6i  !

l I l t i I rl I ol 0l oi 636,175 l(31c) I al 1 68,181 i oI oi 47,s26.4n 1011) I 9l l 1,201,805 l 0l 01 174,914.693l(312) I 10 l 01 0l 0l 0 l(31n l 11l Ol l I

338,505 l 2.8201 0I 0l ol 0l 62,995,1e2 lt314) l 12 I 17,333,2e9 It31H l 13 l l 39,2691 01 (1)l 9,87s,70s lois) I 14 I i 1,650,580l 0I cul 313,sei,517l l 15 1 -

1 l 1 l l l 16I l 0l oI ol 5,1ca. n2 1 0203 l 17 i i tc3,s. I oI oI an,sas,or910201 18 l  :

I 65,rn I oI oi 709,266,414 1022) I 19 l '

l 01 01 0l 121,318.769 to2n l 20 1 1 oI oI ol 1ss.593,c671024) l z1t 1 oI (, I oi 51,774.c3s10255 l 22l l 169,439l 0l 0l 1,529,946,129l 1 23 l l 1 I i 1 1 24 I I ol 01 oi 1,su.,6oo 1030) l 25 l l ol 0l oi s.266,9ss loin i 26 l l 2,1s8 l 01 ol 15,107,4931032: , 2r l l 4,000l oI oI s,123,217 losn i is l l 10. 0 6 i oI oi 2.n2,47s 1034) I 29 l l 534J oI ol- 6so,02s1035) l 30l l 0l 0i ol 141.500 l o 36) l - si l 1 17,17s1 0i o1 36,916.271l l 34l i l 1 l l l 33 I I oI ol 01 12.7091040) l 34 I I oI oI oi 437,390104u l 35I l ol 0l oj 377,663lo42) l 36 l l oI oI oi 550,511 f o4n l 37 I I

.I 50,000l 0I ol 7,265,2n 1044) l 35 I l 0l 0i oj ss.200 1045) i 39 l Page 20s

-_- _ __ _ _ _ __, ,, ~.. , _ . .-_t

PUBLIC $tivitt C W ANY OF bid k W Snit! D ec . 31, 1990 Etttitic PLANT IN 5ftvitt (An ounts 101,102,103, aM 106)(Continued) l j l Salam e at l l lLiro j Acc omt l 8eginning of Year l A Mitions l l 00, l (a) l (b) l (c) l j........ ......................................................................................................................l l 60 l(346) misc. Power Plant (quisment l 90,778 l 40,119l l 61l 10f AL Cther Prcduction Plant (Inter total of lires 34 thru 40) l 8,762,423 l 150,220l l 62 l 10fAL Production Plant (inter total of Lines 15,23,32,and41)l 460,182,357l 1,431,011,401l l 63 l 3. taAusmiss10N PLANT l l l l 64 l(350) Land ard Land alghts l 15,888,993l (10,744)l l 65 l(352) structures ard Imrovements l 2,074,584 l 8,'80l l 66 l(353) Station Equirment l 71,456,184 l 13,742,134l l 6P j(354) fo ers and fiatures l  % v38,334 l 24,164l l 68 l(355) Potes and Fistures l 37,254,497 l 2%,648l l 40l(356)OverbeadConductorsandDevices l 27,426,236 l 183,085l l 50 l(357) undersecurd Conduit l 374,679 l 99l l 51 l(358) underground Conductors and Devices l 894,956l 0l l 52 l(359) toads and Traits l 830,625 l 45,611l l 53l 70tAL transmission Plant (inter total of tines 44 thru 52) l 172,139,118 l 14,25 7,180 l l 54 l 4. OlstRIBut!04 plant l l l l 55 l(3o0) Land and tend alghts l 585,357 l (3,551)l l 56 l(361) Structures ord Imrovement' l 171,882l 0l l 57 l(362) station Equisrent l 14,204.190 l 186,451l l 58 l(363) storage lattery Equirrent l 0l 0l l 50 l(364) Potes, towers, and flatures l 79,374,903l 5,248,896l l 40 l(365) overPend conductors a t Devices l 66,166,595 l 3,126,488l l l 61 l(366) undergromd Lrdult l 4,054,449 l 205,587l l 62 l(367) underground Conductors and Devices l 20,585,042 l 1,647,812l l 63l<368)Linefransformers l 79,!%,278 l 4,3

• 9.13 3 l l 64 l(369) services l 27,872.132 l '450,345l l l 65 l(370) meters l 33,259,395 l 1,395,822l

! l 66 l(371) Installations on Custerier Premises l 3,732,033 l 160,875l l 67 l(372) Leased P+eperty on Custerner Premises l 0l 0l l 63lr373)StreetLightingand$lonalsystems l 3,125,335 l 649,372l l l 60 j TOTAL Distribution Plant (Inter total of lines $$ thru 68) l 332,495,591 l 18,387,230l l l 70l 5. CthEaAL PLAhi l l l l 71 l(339) Land and Land tish:s l 189,981 l 0l l 72 l(390) structures and Imrovements l 7,441,010 l 5,767,565 l l P3 l(391) of fice f urniture aN (q;irrent l 11,388,052l 11,178,878 l l P6 l(392) fransportation Equigrent l 14,406,157 l 461,270 l l 75 l(393) stores Equirment l 396,678 l 5,650l l F6 l(394) foots, shop and Carage Equirnent l 2,164,808 l 1!3,460l l P7 l(395) Laboratory Equi; rent l 1.435,527l 143,272 l l F8 l(196) Power Operated Equi;rnent l 343,429l 66,706 j l 79 l(307) Ccrmnication Equisment l 10,109,559l 131,702l l 80 l(378) seiscellaneous (quipnent l 696,796l 842,437l l 81 l Sc$ total (Enter fetal of lines 71 thru 80) l 48,571,997l 18,730,940 l l 82 l(399) Other f angit>le Property l 0l l l 83 l TOTAL General Plant (Enter f etat of lines 81 a d 82) l 48.571,997 l 18.730,940 l l 84 l 10fAL (Accounts 101 and 106) l 1,013,434,120l 1,484,358,425 l l G5 l(102) Electric Plant Purchased (See instruction 8) l 0l l l 86 l(Less) (102) (tectric Plant sold (see Instruction 8) l 0l l l G7 l(103) tagerimental Plant tinciassified l 0l l l CS l TOTAL flectric Plant in service l 1,013,434,120 l 1.684,359,425 l Page 206

. .. _ -. - - . . - - . _ _ . - - _ ~ - . . . - - - - - - . . .

i Pt>8 Lit sitYlCE cmp 4Wf of h(W WP5Nlk[ oet. 31, 1990 an original l

w ILICTalC PLAtt 14 5(tyjtt (Acc e ts 101,102,103, and 106) (Contirmaed) l I l l l uteme et l l l l tetir-ts l adivit nt. l it.n vers l tra et ve.c l Itin.l I (d) I te) i <f) l to) l lno.l i...........................................................................................................................i I oI ol cl 130,e971046>l 40 1  !

l 50,000l ol ol e a6r,ul l l Ai : ,

l 1,887,197i ol (1)l 1,829,306,56Cl l 47 l p l l  ! l l l ol j l 100I oI ei 15,srs,149 loso) l 44l .

I ol oI oI t,082,764105:1 l ol [

l 205,423l cl 576,a3r l e5,569,732 loss l 46 l 1 i 800l ol cl 15,961,69 sit 3$4) l 4r l  !

l 153,546l 0l ol 37,365,599 lon) l 4e l ,

I 45,694l 0l 0l 27,50,630109) l 49 l [

l ol ol oi 374,77s1057)l 50 l l

-l 8l ol oI e94,97slose) l 51 I i l oI oI ol er6,r361059)l 5r ) i 1 405,571I oI 96,esti 1a6,567,564 l l uI l

~

l l l 1 1 15'l

-l 9521 0l 0l 560,e54luso) l 55 l .

l. ol 01 ol 171,s82 1 0 60 l 56 l l 70,772l 0l (573,931 1 13,745,938lt362: 1 57 i ,

I ol ol ol 01063> l sa l 164.607j oI ol es,e59,192 It364) I 59 l OI l l

746,10rl 113,091l ol ol o!

ol 68,546,976 H 30 > l 60 l 4,146,945 1c366) 1 61 l L

l 119,614 l 0l oi r2,10,rso 1067) I er i I l 1,251,295l oI oI s2,432.116losa l 63i >

1 227,e90l ol oi 29,094,567lt369) l 64l  ;

I 2t2,48ai ol <r,906>l 34 sr9,ersit3ro)I e5 i

• 1 156,501l ot ol 3, r36,407 1071: l 66l f l 0l 9I ol o10r2)l or I l 102,311I ol oi 3,4r7,396 lors 1 es l ,

1 3.975,628 l ol (576,837)I 346,330,356l l 69 l l l l 1 l l l 70l I oI ol 0l 189,9811089) 1 71 l <

l oI oI ol 13,tos,5751090) I 72 l l l 6,190l ol (217)l 22,560,523 l 09 0 l r3I i 1,919,568.l ol ol 12,947,839lo92)l 14l }

l oI ol 24,561l 476,889lt393 I 75 l t oI oI ol r,r9e,tos1094)i 16l l r,199l 0t oI t,576,600 1 0 95) I 77 l

• 1 ol 0l (24,3611 385,79: 1096) l rei 1 09,503l 0l 030)l 10, tot,5:e l(397) I r9 l l 01 0l 230l 1.539,463l(39e1l 80l l 2,067,480 I ol 11 65,r35,0 s I i ell l l l l 01099)l 82l l 2.067,480l 0l 11 65,r35,osl l e3 l  !

l .s,335,s76l ol oI 2,4e9,456,669l l 84l  ;

, I l l l 0 loor) I e5 l l

Oi l i

l i

l i

l i i 0 1003) I at l o*>

l- e,335,s76l oI ol 7,4r9,o6,669l l asl l Page 207

- .. .. - , ~_

PUBLit $tivlCl C WrehY Cf ktW kAW $Nllt Cec. li, 1990 An Orlstrial IthfAllit CLAlliflCAtloe Of Uw0llft!ButtD M Ahi lhtkutID IN COLUMk *C" Af Otttuste 31, 1990 l l l setence l l seioxe l l l l l Urdi s t r itot ed l $ lent l Urdi s t r itut s d l Adjit t orts l l l l Plant l Classified l Plant j t o te l l l l 12/31/89 l 1990 l 12/31/90 l teported l l...l..........................................................................................................l l l Int e^ git >t e Plant l l l l l 1302 l f ranchises ord Contents l 0l 1,971,674 l 0l 1,971,674 l l l steem D odactfun Pterit l l l l l l313l Land snd to*d tights l 45,485 l (57,311)l 0l (102,796)l l311l ltructures and ITrcvenents j 779,289) 608,166l 409,269l 238,146l 1312l Bet ter Ptont (Qvirrent l 4,213,144 l 1,400,755 l 12,646,225 l 10,033,836l l313l Ingines e*d Ingine.0 riven Generators l 01 0l 0l 0l 1314l tv t.egenerator Units e

l 1,527,116l 2,015,372 l 7,076,119 l 7,564,375 l 1315 l Accessory tiectric tusircent l 6.209,662 l (168,472)l 6,4E2,650l (115,4M)l 1316 1 kisc. Pcwer Plant losirrent l 2,622,?94 l 461,703 l 2,194,475 l $3,364 l l l [. .. ......... .l..............l.................l................)

l } tetet l 15,397,490l 4,000,213 l 29,006,738 l 17,671,461 l l l 1 I l I i l l hoclear Dodsction Plant l l l l l l320) Lend e>d Land e ight s l 155 l 5,100,857l 0l 5,100,702l l321l struc tures ord Ivrovements l 711,646 l 431,150,235 l 9,620,592 l 440,259,161 l l3L' l 8eac tor Plant tasttrent l 821,f.70 l 637,092,560l 16,524,503 l 652,795,391l l323l twebe9enerator Units l 207,575 l 103,593,190l 4,047,656 l 107,433,271l l324j Accessory fitstric (quirrent l 271,745 l 154,906,081l 3,130,742l 157,765,078 l l3D l Misc. Power Plant tastpwnt l 61,317l 48,762,973 l 692,482 l 49,394.138 l l l l................l... ..........l... . .. .....

..l .

............l l l totet l 2,074,108 l 1,380,605,896l 34,215,975 l 1,412,747.763l l 1 1 I l 1 l l l Wero Production Plant l l l l l l330l Lars and tend tights l 0l 0l 01 0l l331l structures and t vrovements l 568.425 l 1,346l 626:463l 59,354l l332 l teservolts, cams and Waterways l 3,712,102 l 95,223l 3,966,128l 349,249l l333l Water wheels, turbines, ord ceneretorsl 0l 0l 0l 0l 1334 l Accessory (tectric tovirrent l 334,449 l 14,450l 358,140l 35,141l l335l Misc. Power Plant taulsrent l 13,108 l 5,025l 0l (8,053)l l336l Roses, teltroads ord Bridges l 44,018 l 0l 47,284 l 3,266l l l j................l...............l.................l...............l l l Totet l 4,672,102 l 116,044l 4,W8,0il ! 441,957l l 1 l l l l I l lOtherProdsction l l l l l l340l Land ard Land tights l 0l 0l 0l 0l l341l Structurcs ord Imrovenents l 0l 68,163 l 4,756 l 72,919l l342l Fuel Holders, Products & Accessortes l 0l 0l 92,452 l 92,452l l363l Price movers l 17.8,913 l 133,592l 0l (55,321)l l346 l cenerators l 0l 51 l 01 51l l345 l Accessory tiectric tasirrent l 0l 0l 0l 0l l346l *isc Power Plant tavigrent l 0l 4,489 l 35,630l 40,119l l l  ;.................l........ ......l................l.................l l l fotet l 168,913 l 206,295 l 132,838 l 150,220l l

l l

l Totel ProOction j........

l 22,332,613l 1,3M,9&S,448 l

....l....

68,355,566 l

.l....

......l 1,431,011,401l g

Page 207e

I Pv6LIC iftvitt Comrott Of blW >AMPikit! Dec. 31, 1990 f An Original l g)%

Ilh1Alivi CLalliflCAflow of VhDilfel8vito Ptakt I ikCLUDt0 IN COLUMW 6t* Af Ottt>6tk 31,1990  !

l l l Setance l l setence l l ;

l l l Urdistributed l Plant l Urdist r itaat ed l Addit ions l ;

l l l Plant l Ctsestfled l Plant l to be l L

l l l 12/31/89 l 1990 l 12/31/90 l teported l !

j......................................................................................................................l ,

l l f renselssion Plant l l l l l ,

1350l Land ard tend tipSte l 824,218l 4,182l 809,292l (10,744)l i l352l Structures ard Ivroverwnts l $35,265l 125l $43,320l 0,160l  ;

l353l Station Equipwnt l 7,675,664 l 12,725,505 l 8,692,293l 13,742,134l l354l fowers and flatures l 8, '59,759 l 0l 8,783,923l 24,164l i l355l Poles and flatures l 7,268,346l 898l 7,532,096l 264,648 l l356l 0.erhead Corductors ard Devices l 2,020,455l 36,656l 2,166,887 l 183,088l l357l Undergrourd Cordult 103,555l 0l 103,654l i 99l  ;

l358l Undergrourd Corductors & Devites 119,649l 0l l 119,649l 0l j359l Roads ard Traits l 0l 45,611l 0l 45,611l  !

l l fotal l.................l................l.................l.................l l l l l 27,306,911 l 12,812,977l 28,751,114l 14,M7,180 l l 1 l l l l l  !

l l Distritaution Plant l l l l l l360l ta d and L and Right s l 54,537 l (4,182)l 55,168 l (3,551)l-  ;

1361l Structures and I mrovements l 0l 0l 0l 0l t l362l Station (gulp'ent l 459,542l 23,414l 622,579l 186,451l f 1363l 5teroge Battery (quip'ent l 0l 0l 0l 0l 6 y l364l Poles, towers and Ilatures l 15,061,300l 1,483,273 l 18,826,923l 5,248,896l 1365l overl.ead Conductors and Devices l 9,337,032l 1,754,085 l 10,709,435l 3,126,488l  ;

l366l Underground Cordult l 296,808l 151,742l 350,653l 205,587l 1367l Vrderground cordsctors and Devices l 5,103,T28l 1,091,309l 5,660,231l 1.647,812l r 1368l Line transformers l 2,421,341l 4,641,641 l 2.098,833l 6,319,133l l369l Services l 4,922,026l 5,093 l 6,367,278 l 1,450,345l L l370l Meters l 179,369l 1,298,137l 277,054l 1,395,822l 1371l Instattations on customer Premises l 553,6831 3,551 l 711,007 l 160,875 l l372l Leased Protetty on Customer Premises l 0l 0l 0l 0l

• 1373 l $treet Lighting ord $lgnat systems l (195,837)l (92, 724){ $46,259l 649,372 l l [ j.................l................l.................j.................l ,

). l fotel l 38,193,529l 10,355,339l 46,225,420{ 18,387,230l .

I I I  !

l l l l l lGeneralPlant l l l l l l389l Lord ard Land tights 0l 0l l 0l 0l r l390l Structures and I mrovements l 113,172 l 5,880,737l 0l 5,767,565l t l391l Of fice furniture and Egulpent l 171,427l 11,251,813l 98,492l 11,178,878 l l392l Transportation Egulprent l 1,201,136l 525,743 l 1,136,663l 461,270l 1393l storet Equip'ent 0l fools, shop aid Garage Equipwnt 1 5,650l 0l 5,650l l394l l 37,224l 109,908l 60,776l 133,460l t l395l Laboratory Equip.ent l 25,061l 168,333l 143,272 l 0l l3M l Power Operated Equip'ent l 0l 66,706l 66,706l 0l l397l ComJnication (quipwnt l 805,975 l 738,756 l 198,921l 131,702l l398l Miscellaneous (quipwnt l 15,875 l 462,186l 396,126 l 842,437l >

l399l Other Tangible Property l 0l 0l 0l 0l l l Total j................,l. .............l.................l.................)

l l l l 2.369,870l 19,209,832l 1,890,978l 18,730,940 l  ;

l l l................l................l.................l................l l l10fAL l 90,202,923l 1,429,338,270l 145,223,078 l 1,484,358,425l j Pege 207b West Page is 214

[

PUBLIC $(RVIC[ ("MishV J QF b[W k&MF$ NIB [ Cec. 31, 1??$

An Original (LittilC PL Ah! MILD FDA f ututt uit ( Account 105)

1. Cercrt segarately each protetty held fer fsture use at use, gl=e in tot u1n (a), in a $di t i Dn t o c t Fer r equi r ed ond of tee year having an original cost of $250,000 or cere. Inf ornet t on, the date that utiitty use cf such pecterty Crcsr other itemr- of property beld f or f wture use. .ss discontinued, and the cate the origirst cent was

2. r er prcperty having an original cost of $250,000 or nore t r ans f ei r ed t o Ac c ount 105.

previcssly vsed in utility crerations, now held for futwee

. .... .. .. ........... .... . ... ............, .. .. .. ... . .. .......... . .. ..... ... ..... . .+.. .. .

Cate Originally Date Insected Salence et DescriptlDn and tocation i nc l uded in t o te Us ed in ind of t i r.e of Preserty this Acc ount Utility lerelce fear

40. (a) (b) (C) ( s .'

1 Land a%d fightst 2

3 Deerfittd Laconla tight.cf Way 10/87 bote A 2,776,512 4 he.Ington Generating $lte 10/70 10/B2 hote A 675,851 5 Other Progerties (16) bcte A 678,893 6

7 8

9l 10 11 ,

12 13 14 15 16 17 18 17 20 1 tv e r pecterty!

23 } teerfield S/$ fosidations 6/84 hete a 51.773 24 f.8n wt. Tap . Clearing cf ei D St of Way 10/B4 hete A 12,317 25 115 av trans. Line Ceerfield to Laconle 26 L abcr and Ccntractor Ccsts 10/85 hete A 93.717 27 28 27 30 31 32 33 hote A . The timing of the use of these facilities 34 is contingent upon future load gre th.

35 36 37 38 30 40 41 42 43 64 45 46 .. . .... . .. .. .. . . .. .. . .. .. . . .. .

70*AL

.'7 . ....... ..... . . . .... . ... . ........ . .... .. .. . ..., .. . ... ....... .

4,289,053

.a.e ,,. he., ,a,e ,s ,,6 6

(

,aA_ . J-- Av-- -. ~ -4 ~.d-- - ._. .C442,. _ . _ - - - - - + A -- _ . - _ .aa%A. m , _._ .___ w -. -_ . _ . . , _ . _m_._,._A._

_a._4m.._a h

O '

r l

I l'

s i

r i

t I

t fMll FALt NA$ $((N lht(WilNALLY [fff $LAkt {

P S

f P

h O  :

5 y

f I

l' t

f t

L r

6 I

b b

s O

e L

t

, ._.. _ . - . . _ . ._ __.__,-_.- - . . ,. _ , . . . -- .a._-_..__.

PVlLIC litvlC[ CW Ahi Cf ht W > Amr$MlR[ Cer, }), IM An original C0h$f G C110h M K IN F800A($$ EL(CitlC ( Account 107)

1. Report telo descriptions aN balances at e'd of year of es nt , ard C enons t r a t i on ( see A c c eet 10T c f t he uni f orm projects in process of construction (107). 5, stem cf Accomts).

2. $tew itene relating to *research, develeccent, and decun. 3. Minor projects ($1 of the 86tave (fd of the tear for strotion" projects last, m der a ca; tion Research, tevelop. Accce t 107 or $100,000, whichever is less) may te gecged.

l l l Construction work in l lLirie l Cescription of Project l Preigress Electric ( Accomt 107) l l hp. l (a) l (b) l i.. .. .. ... .................. ... .... . ........ . . . . ............ ... .. .... ......... . .........l l 1 l Cak Mill li$.34.$tV $4 station l 946,2t$l l 2 j Vpgrade 2.=sy tedio Jysten j $03,910l l 3 l A %sheag Fish Passage facilities l 410,000l l 4 l 00ck Upgra:!es, $ chiller $tation l 362.f20l l $ l Flyash Disposal $lte f arension, Merrimack station l 3$1,404 l l 6 l #ebuild Line #!34 l 291,078 l l 7 l Se M ity 4:41fication, leabrook $tation l 2M,956 l l 9 i Coal itwa ing 3 rstere, Merrimack St at ion l 272,6?? l l 10 l Sc.erage Connection, $ chiller Station l 214,145 l l 11 l Install Ce*eral Of fice Teleceone Erste,n l 170,943 l l 12 l Replace Anre ciate's, Schitter Station l 157,923l l 13 l $.4 "+At Caracitor A:Ultion, L a c on t a $ st's t a t i on l 151,958l l 14 l Cak Filt to Penacock 34.$sv Lire l 1$1,$78l l 1$ l C m ter kard.are, lesbecok $tation l 125,f.91l l 16 j fvtaase tam f or Ce.er/#cchester 33tv Line I 103.521 l l 17 l Mince Frejects (14!) l 2.262,B58 l 1 15 I I I I 19 I I I I to l I l l 21 I I I I 22 I I I I 23 l l l 1 24 I I I I 2$ l 1 1 I 26 I I I I 27 I I I I 28 I I I lDi i l I 30 l I I I 31 1 I I I 32 l l l 1 33 I I l I 3' i l  !

l 35 l l l l 36 I I I I 37 i l l l 30 I I I l 38 I I I l 40 1 1 l

! 'I I I I l 42 l- . ... ... . ... . ....... . . - . . . . . --

1-

.l l 43 1 tCt*L l 6.763,699 i Page 216

M LIC St#VICt C mPit? Of EtW NAMP$Nltt Dec. 31, li40 An orfeinet Coalttutittu ovitatAD&EttCialt

1. List in cetten (a) the kiros of everheads according to the on page 218 the occcetirg proce&res eaployed and the titles used ty the respardent. Cheroes for outside profes. on e ts of engireering, swerwielen e M edministrettve stonal services f or engineering fees et meregearnt or swer. costs, etc., which s's directly cherged to construction, vision fees capitalited should te shown as seurate iteam. 4. Inter on this pose engireering, st4*rvtalon, anssini.

2. On Nee 218 f urnish information concerning constructim s t r a t i ve, eM a l l cwenc e f or f wds us ed Ar i ng c ms t ruc e overheads. tion, etc., iAlch are first assigned to a blerset work

3. A respardent should not report " tone" to this pope if no oroer and then prorated to cmstructim jote, overhead erwettorrents are made, tot rather should emptein total Amte t Charged Line Description of Overbe M for the fear

40. (a) (b) 1 Aceinistrative and Generet tapenses trensf erred 2 ............................... ...............

3 4 MiscelleNous Construction 1,249,294 e

7 8

9 10 11 12 13 14 il 16 17 18 19 J 20 21 22 23 26 25 26 21 2h 29 J 30 31  !

32 33 34 35 36 37 38 39 60 61 42 t

63 45 ...... ....................... .<.... ..... ... .. -

.. -. ..-....... .............. .................+...

46 totAt

.............. ................................ ...... .......................... ... ................... .... 1,249,294 ........... >

}

Page 217 i

k P

fvgitt 5[tstCl CCutAkY Of htW MasPlNitt Dec. 31,1WO An Origirst CthlRAL CtlCaltt!0h of CDhlttVCt!Oh eview[ c PtoCfDutt

1. For each constru ction overheed emplaint (a) the nature a d 2. $how telow the cmputation of allowarte f or fwde used eatent of work, etc., the cierhead charges are intended to comer, sar i ng c orts t r uc t i on r a t e s , i n ac c or darr e w i t h t he pr ov i *

(D) the general proce&re f or determining the apawt capitalised, sims of Electric Plant trutructions 3 (17) of the U.S.

(c) the nethod of distritution to constructice jobs, (d) whether cf A.

dif f erent retts are atplied to dif f erent types of constructim, 3. n/here a ret of *taa rete f or terrowed fwde is used, show (e) tests of dif ferentiation in f ates f or dif ferent tytes of con- the especpriate tan ef f ect adjustment to the congutettons struction, e*d (f) whetker the overhead in directly or tedirectly telow in a morrer that clearly irdicates the semet of re.

Essigned. extion In the gross rete f or tem ef f ects.

AJelnistrative med Genera l tagenses transferred These charges represent that portion of General Aministrative fmctices such es AJntnistrative, Accumling, f ressury, Pur.

chasing, etc. which are prcperty chargeable to ccmstruction.

The charges at ti, in general, te orptied at a rate of 5% to all erstruc tion encept the f ollowing: Plant mits such as meters, trtnsf ormers, regatetors, switches, arresters, etc., of fice emigrwnt, joint f acilit tes purchened, tend, rights of wey, sisjor f eeltitles and rrsi rent t which are plant mits when acaulted and original cmstruc tion of generating f acilities. In e@ tion, charges for Inswrence, payrot t teses and tenstce costs are charged at varicus rates to payroll charges f or constructlan only, Allowance f or f urcs Used Dur ing Const ruc tion ( Af uCC)

AfUDC mas charged at an anrvat rate of 11.26% on Protected er g rtyee'd 15. 06% on h on P r o t ec t ed P r ope r t y a s es t at>l i shed i n tecordance with its reg.,lations, the twsic charias to Mch Af U0C is eMied are those which were ircurred prior to the first d2y of the earth in which AfU0C is choroe prodding that t>e job has net teen cxpleted cbring the month, ho AfWC la charged on blenhet work order entenditures, APUCC is cortNted f or ore-half an> nth on charges to s;ecific work orders in the aseth in which such charges a*e f ocur red.

The calculation thewn in lections 1, 2, sed 3 is devotored using the f oraute prescrited in FPC Order to. %1. The treakdcnai shown in section 4 provides the actual 1WO AruCC rates calculated on teth protected and reprotected property tesed on the es t ima t ed c a t e ! a t t on pr epa r ed e t t h e teg i nn i ng o f 1990. t h i s e t i c ul a t i on pe c&c ed en 11. 26% A f uDC r a t e on P r ot ec t ed Prcoe r ty t*d a 15. 06% A r .0 C r a t e on h on P r o t ec t ed P r oce r t y wh i c h w a s r e f l ec t ed on t e e C art 4my tiook s cor i ng I MO erd wh i c h di d not d i f f er f rom the AfUDC rate calculated tased on the f orauta prescrited in IPC O'oer 40, 561.

CPPUf Atl A Cf AMC%AhCE fo# FUhCS Ut(D DutthG CCm5f tUCfloh R Af t$

f er line l'5), coln (d) tet ow, enter the rate granted in the test rate proceeding, i f such is not available, use the average rete earned cbring the preceding three years.

1. Ccetonents of f orsia (Derived f rom actuel tec4 talances and actual cost rates):

Capitalisation Cost tote tir> Title Ancunt tatio (Percent) Perc ent age he. (a) (b) (c) (d)

(1) Average Short.ferm Dett 5 0 a 0.001 (2) thort. Term Interest (3) t ong t e rm t ett D 1,477,763.570 71.70% d 15.581 (4) Pt ef erred Stcd P 469,200,2 % 22.77% p 13.42%

(5) Cmien t avi t y C 113,998,246 5.53% c 15.001 (6) Total Capitalization 2,060,962,052 100.001 (7) Average Construction Work in Progress gatence W 717,784,611

2. Gross Rate f or Borrowed f unas 5 0 5 s(-)+d(- -) (1 > 11.17% (11.17)(.66000) = 7.37%

W D+P+C W bet tote

3. sete f cr other f ares s P C (1 -) !p(- .-)+ct- -)) 3.M1 W 0+P+C 0+P+C

4. Weig*ted Average este Actwally used for the Year:

a. ante f or Borre.ed f urds 7.37 7rotected Property 11.17 h m P r o t ec t ed P r cret t y

b. Rate fer other 8#ds 3.8$ Drctected Prggrty 3.08 mm4rotec ted Prc(er ty Page 218

PUBLIC !!#VICt C W Att Of htW hAMPlNitt Dec. 31, 1990 An original ACCUCL Af tp f t0yll104 f 0R DirttCI A110W Of (L(CillC Utlt if f PL Ah! taccount iD8)

1. tarlain in a footnote any leportant adjustnents during year. teen recorded eM/or classified to the various reserve func.

2. taptain in a f ootnote any dif f erence between the anet f or tional classiffratione, make prt~ *Inary cl u ing entries to tak cost of plant retired, line 11, cote (c), eN that re. t ent a t l =e l y f unc t i ona l i t e t h e t=>c4 scat of the pl6nt retired.

ported f er electric plant in service, pages 20e207, coln (d), in eWi t t on, inc lWe e t t c os t s i nc lWed in t e t t r ew'ent wor k in tactuding retirecents of non depreciable pregerty, progress et year end in the arpropriate fsittional classifi.

3.1Pa previsions of Account 108 in the Unif orm lystem of Ac. tations, counts reestre that retirecents cf depreclobte plant te recorded 4. Show separately interest credits weer a sinking fW or when sah plant is remved f rcn service if the regrurdent has a steller method of depreciation eccellag.

significart anwnt of plant retired at year erd which has not l Section A. $staf.ces and thanges During tear l

j. . ................................. ....... ............ . ............ ................ -.. ... ...... . .

.)

l l l total l tiectric Plant lflectric Plant Neldj flectric Plant l lL!r'e l Item l (c @ e) l In Service l for future Use l Leased to Others l l ho. l (e) l (b) l (c) l (d) l (a) l j..... . ..... ....... ... ........... . .... ... .... .... ......................................... . .. ... ..... ..l l 1 l Balance leginning of tear l 335.825,446 l 336,796,626 l 28,820l l l 2 lCecreciation Provisions for fear, Charlied to l l l l l l 3l (403) Depreciation Espense l 55,107,234l 55.100,826 l 6,408l l l 4 l (413) tap. of (ltc. Plant leased to Others l l 0l l l l 5l f ransportat ion (arenses. Clearing l 562,332 l 562,332 l l l l 6l Ct*e* Clearing Accounts l l l l l l 7l cteer Accounts: Account 107 l 12,673 l 12,673 l l l l 8l Reserve f or Plant Purch. l 904 l 904 l l l l 9l TOTAL Deprec. Provision for veer (Inter j $5,653,143 l 55,676.735 l 6.408l l l l Total of lines 3 thru 8) l l l l l 10 lhet Charges for Plant tettred: l l l l l 11 l 8xk Cost cf Plant Retired l 8,335,775 l 8,335,775 l l l l 12 l Cest of Removat j 3,895,670 l 3,895,670 l l l l 13 l 541. age (Credit) l (1,157,622)l (1,157,622)l l l l 14 l 10fAL het Charges for Plant Retired l 11,073.823 l 11.073,823 l l l l l (Inter total of lines 11 thru 13) l l l l l l 1510ther Cebit er Credit items (Describe) l ( 871,064 ) l ( 871,064 ) j j l l 16 l l 1 1 1 i l 17 l Balance fnd of Year (Inter Total of l l l l l l l lines 1, 9, 14, 15, and 16) l 352,563.702 l 382,525,474 l 35,228l l

l. . . ............. .. .. .... .. .. .... . .. . .. . .. .. . .. . .. . .. . .. .. . .... .

.l l 1ection 8. Balances at f nd of f ear According to f unc tional Classs fications l g.. . . . . .. .... . .... . . ..... .. . ... . . . . . . ... .. .. ....... ... .. .. . .

.)

l 18 1 5 team erodsctIon l 138,379.519 l 138,344,291 l 35,228l l l 19 l hacLear Production l 31,985,767l 31,985,767 l l l

{ 20 I w dr r ast i c P r oduc t i on . C onvent i ona l l 12,724,269 l 12,724,269 l l l l 21 l nydrostic Production

• Purged $torage l l l l l l 22 l Other Production l 6,849,924 l 6,849,924 l l l l 23l Transmission l 63,450,012l 63,450,012 l l l l 24l Distribution l 104,462,258 l 104,462,2S$l l l l 25 i Ceneret l 24,711,923 l 24,711,923l l l i... . . . ... ...... .. .. ............... .... ...l. .... . ..

.l. .............i.

...l.. . ... . ...

.l l 26 l YOYAL (inter total of Lines 18 thru 25) l 382,563,702l 382,529,474 l 35.228l l hote; tine 15 Anort tration of teasehold Imrove=ents 113,685 Account 403 and 404 hot Charged to Reserve (1,997)

Millstone Cecnissioning E spense (141,144) teabrook Decornissioning E spense (541.608)

(871,064 )

.. sssses.

Page 219 heat Page is 221

+- = .c .,so m - 4m-mmua am -.m ma m._da m.,_a, a-m.=-m.-=-=.s-- -aA -.L-- - - . - ==e..a,-4n_-.m mme.-am..s m>_ s am,,-as.,as.m-uma_s_- s-m.- s4., es _

I h

O, \

i I

i l

f f

i t

I f

I t

h i

t fMit Fact has tith infinfl0NALLY LtFT BLAkt  ;

[

}

O! ,

[

l f

r l

6 0

.-.-. - , _...- . . _,., -_ _ ,_.. __,.e, A ,. . .. . - , . _ . . . , _ .-_.. - _ . - ,. -..m,. , . =v--.

. . _ __ _ . _ . _ _ _ _ _ . _ _ _,___ . _ _ _ _ _ _ _ _ _ _ _ , . _ _ . . _ _ _ _. _._ _ _ _ _ . _ _ _ _ ~ _ _ -

L I

PUBLIC tiivitt CWANY Of h(W hAMPl8118f Dec. 31, 1990 f An Original  !

....... .......................................................... ..... ....................... . ......................... j v kowullLitt Ftor'Itfi ( Accomt 121) {

...... ...................................................................... ............... ..................... ........ t i

1. Give a brief description ord state the locettori of twrv 4. List seperately ett proterly previowsty devoted to pAlle wtility prMerty included in Accomt 121. service ord gIve cate of transf er to Accomt 121, Norwtitity

2. Designett with en esterlek any proterty which is leased Pr ote t t y, i to another cateri. State nere of lessee ord whether lessee $. Minor Itene ($1 of the talence et tbf trd of the fest, for e is en associated cupeny. Accomt ill or $100,00C, whichever is less) per to grouped t'y l 3, turnish particulars (detalte) concerning astes, surthoses, (1) previously devoted to ptt>tle service (Line 64), or (2) 5 or transf ett of honwtility Property during the year. other tenut tlity progerty (line 45).  !

Botence et legiming Purchenes, Setes $ stance et (rd i tine Description ord tocatim of Year transfers, etc. of Year ,

No. (e) (b) (c) (d) i i

1 Previewsty Devoted to Pubtle tervices i 2 Steam Plants:  !

3 Monthester Steam Plant Manchester, hN 467,972 467,972  !

4 Resistance Dockage Por t s,nowth, hN 113,825 113,825  ;

l 6 t 7  !

9 ,

10 Other to+ Utility Propertyt i 11 hew! sgton Construction I 12 offtce 8 wilding hewington, h4 58,259 88,259 l 13 +

14 .

15 l I t>

if .

18 ,

19 i 20 ,

21 I 12 i 23 24  !

25 26 .

21 28 I 29  !

30 T 31 ,

32 31 i 34 35 '

36 37 r 38 39 [

40 41 ,

f 42 O l ulnor items Previously Cevoted to Put> tic service 44 75,786 75,T86 45 _Nihor itema . Other honutility Proterty 113,M6 113,626  ;

46 10tAL $59,4(.8 859,468 Page 224 heat Page is 224

PUBLIC lleV!Cf C'NrAkT Of h(W hAMP$witt Dec . 31, 1990 An Origlhel IkV[$imt hi t h EUlllDI ARY CDMrAhlis ( Account 123.1)

1. t eror t tw t om investnents in Acccets 123.1, investments of toans o* invesueat advances sich are stject to reper.

in thsidiary Carpeales. pu.at, tot which e. e rot stj ec t to evi.ent settlenent. With

2. Provice e sutteeding f or each ccrpeny and list there. regrect to each schance show whether the advance is e note weer the inf ormation celled f or tetow. $4 total by com- or gen occcet. List each rete ghing date of issuance, me.

pony at give e tetel in cotes (e), (f), (g) ord (h). t ur i t y da t e, erd trec i f yi ng wh e t h e,' ret t i s e t erewel .

(a) Investment in Securities . List 4 4 descrite each 3. f emrt separetJly the e@lty in urHistrituted edeldlery sec ur i t y ow'*d. F or tmds g i v e e llo pr i nc i pa l anKwt , de t > earnings since ee@ielt,on. The total in colleen (t) shou'$

sf issue, maturity, e'd interest rate. coael the ammt entered f or Account 418.1.

(b) Irnesteent Advances f erott separately the erwets

s. set of Date Date of in.estment et t i na Description of Investeent AcGuired maturity Beginning of f ear to. (e) (b) (c) (d) 1 Frc$ettles, Inc.

2 C certe s t oc k 10 25 35 1,D00 3 Advanc e s, Open Ace t . .

7,656.168 4 interest on advances .

2,D89,274 5 tusity in ternings -

(5 74,4 ?9 )

6 .. .. .. +--

7 9,172,013 3 ... ... ..... ....

9 10 W.W. [lectric Co. . * .**.....'*-

11 C arrre $ t oc k 3 11 66 1 12 .. . .............

13 Venkee At omic flec tric Co.

14 C urron s t ock 1955 1959 1,073,500 15 favity in fernings 271,793 1 ...... . ..........

16 17 1,345,593 jg . .. ... .. . ....

i 19 l

20 Conn. Yant ee A t omic Power Co.

I 21 C a7mm S t oc k 1963 1967 1,750,000

! 22 Capitet -

150,000 23 Equity In formings -

3,064,35(

24 ...-. .. -. . ....

25 4,964,359 26 .... ...........

27 28 v t . Y ank ee n uc t eer P owe r C o.

29 Con ,on stock 1967 1969 1, 600,i 00 30 Interest on Investrant -

5D6,915 31 f auity in ternings 256,002 32 ....... ............

33 2,543,017 j 34 .... . ...... ......

i 35 he. Yank ee A t omic Power Co.

l 16 C arron S t ock 1968 1969 2,500, D00 37 Interest Dn investnect -

640,356 l

38 f aulty in f ernings 107,999 39 ... .. .......... ..

40 3,448,355 41 .... ..............

42 TOT AL Cost of Account 123.1: $21,354,642 l

• • • • • • • • • • • TOTAL l 21,273,358 i

l l

Page 224 l

--.~.----y--,-.~.----.~~- - - - - - - - -

F

?

+

f PutLIC $ttylCE CONFANT Of etW MAMP$nitt Dec. 3?,1990 l An Original.

r

.................................,..................................................................................... 1 3

O .

INViliMtti IN $Ugt!DI ARY COMPANlt$ (Account 123.1) (Continued) 4..............................................................................................................

t I

i

4. For any securities, notes, or accounts that were pledged, of during the year. {

designate such securitiesi notes, or accoets in a footnote, 7. In colwr) (h) report for each investment disposed of )

and atete the name of pledgee end purpose cf the pledge, cs.aring the year, the gain or loss represented by the dif

• L

5. If Ccamission approval was rewired for any advance made ference between cost of the investment (or the other amoet I ca security ac@lted, designete such f act in e footnote and at A lch carried in the books of accoe t if different fran  :[

give name of Comission, date of authoritetton, eM case or cost) and t* e selling price thereof, not including interest  !

docket ropber. adj us t ert, ,ncludible in column (f). i

6. Report cotwes (f) Interest eM dividend f evemes from in. 8. Report on Line 42, colwei (a) the total cost of Accuteit i vestments, including such revenues f rom securttles disposed 123.1 I t

i Equity in Amount of Gain or Loss f:teldlaey Revenues investment at from Investment geraines fo? Year for fear End of Year Disposed of Line

- (e)

(f) , (g) (h) No.

l 1,000 1

2

)

7,568,365 3 i 2,812,635 4 (753,661) 0 (1.328,090) 5

................... ... 4... .......................... ......................... 6 (753,661) 0 9,053,910 7

.....,........................ ............................ . ........................ ... ..................... 3 9

............................. ................. .......... .......................... ............. ........... 10 1 1 11 i 12 ,

13 1,073,800 14 243,734 111,675 403,852 15

............... .............. ..................... ...... . ............. .......... ........................* 16

..................... 243,734 111,675 1,477,652 1'l O ........ ............. .............. ......... .... .......... ..................

}

13

}

?0 {

1,r50,000 } I i 150,000 i  !

829,755 7P3,124 3.110,940  ! i 829,755 783,124 5,010,990 i

........................ ..... ............. .......... .. ....................... .. .. 4.............. .

.( , 1 27 28 1,600,100 29 506,915 30 337,206 495,058 78,152 31

... .......................... ......... 4................. ........................... ............. ...........

32 337,20s 495,058 2,185,167 33

.............................. ............................ .......................... ............... ......... 34 ,

35 .!

2,500,000 36 '

843,356 37 (

440,691 330,000 18,690 38 e

. ............................ .................. .......- .......................... ......................... l 39 440,691 530,000 3,359,046 40

.......................... ......... .............. 41 j l F l 1,097,727 1,919,857 21,086,766 42 I

i t

Page 225 kext Page is 227 I i

F l

a i

i b

o O

Tull PAGE MAS BEtu IWifNT10NALLY LIFT BL AW O

O

PUBLIC $(tylCE CtmPAh1 Of h(W HAMP1Htti Dec, 31,1990 An original  ;

/~ ... . ......................... .... ......... .. ...... ... ................. ........ ................... ...... .

NAfttiALt AND $UPPLl($ g

1. For Account 154, report the amomt of plant materiets and operating salles under the primary functional classt. l fications as irdicated in colum (a); estimates of amomts by function are acceptable, in colwei (d), designate the a department or departments which use the ctess of material.

2. Give en emptanation of insertent inventory adjustnents dJring the year (on a supplemental page) showing general classes of material and s@lles and the various accomts (operating empenses, clearing accomts, plant, etc.) af.

f ec t ed . debi t ed or c r edi t ed. Show separately oebits or credits to stores empense. clearing, if en)ticable, i

l l l Satence l l Department or l ,

l l l Begircing of l talanc e l Depar tment s l ,

lLinej AccoJnt l Veer l End of fear jWhichUsemateriall lNo.l (a) l (b) l (c) l (d) l :

j....l.......................................................l...............l...............l..................l l l 1 l Fuel stock ( Account 151) l 18,859,544 l 28,441,942 l l ,

l 4 l Fuel Stock trpenses Urdistritzsted ( Account 152) (4,290)l All l 139,125 l l l 3 l Rest (Jats and Entracted Products ( Account 153) l l l l ,

l 4lPlantMaterialsandOperatingSupplies(Account 154) l l l Electric l f

l 5l Assigned to . Construction (Istimatedi l l l l ,

l 6l Assigned to . Operations and Maintenance l l l l i l 7l Production Plant (Estimated) l 10,3% ,517 1 25,322,060l l ,

l 6l transmission Plant (Estimated) l 3,220,656 l 3,250,540 l l l 9l Distribution Plant (Estimated) l 3,821,C)1 l 2,954,530 l l l 10 l Assigned to . Other l 1,242,827 l 1,364,464 l l l 11 l 70fAL Account 154 (Enter total of lines 5 thru 10)l 18,680,091 l 32,891,594 l l l 12 l merchandise (Account 155) l l l [

l 131 Other materlats and sucolies ( Account 156) l l l l  ;

l 14 l haclear Materials Netd for Sale ( Account 157) (het I l l l l l applicable to Cas Utilities) l l l l ,

i 15 l 5 tores tapense undistrita.ted (Account 163) '

1 242,832 l 1,085,345l l

)16l l l l l l 17 I I I I I i 18 I I I I I I19I l 1 I I .

l l j........ .....l... .........l l l20l 70f AL Materlats and succlies (per Balance sheet) l 37,921,592 l 62,414,791l [

O - >>' - - ' > "

[

l

(

l I

t THIS PAGE HAS Bf(N INTENT!% ALLY L(FT BLANK O

i h

O

PUSLIC Sf RVICE COMPANY OF WEW HAMP$NlRE Dec. 31,1990 An Ori

[ ,)...................................................................ginal .................................... ......................

MtsCELLAhEQU5 DEFERRED DEBITS (Accomt 186)

....................................... n .......................................................... ............................

1. Report below the particulars (details) cetted for concerning 3. Minor itama (11 of the Botence at End of Year for Accomt ciscettaneous deferred debits. 186 or enomts less than $50,000, unichever is less) rey be

2. For any deferred debit being amortlied, show period of anort. grew ed by classes.

Instion in colwei (a).  !

l l l l l CREDif$ l l l l Description of Miscellaneous l Batas e et l l""."".""."-""""""l Balance at l l lLinel Deferred Debit lBegiming of Year) Debits lAccountChargedl Amomt l Erd of Tear l lNo.l (8) l (b) l (c) l (d) l (e) l (f) l j.............................................................................................................................l l 1 l Maine & vermont Yankee Transmission Pools l 620,975 l 1,734,116l 184 l 2,047,192 l 307,899l l 2l l l l l l l l 3 l Wenn Stetton 84 operation & Maintenance l (644,435)l 5,722,210l various l 4,889,257l 188,518l 14I I I I I I l l 6lMittstoneUnit#3 operation & Maintenance l 369,405 l 2.758,870 l Various l 2,865,490l 262,785l l 7I I I I I l I l 8lSeabrookEmpenses l 0l 127,991,904 l Various l 125,460,345 l 2,531,559l .

l 9l l l l l l l l10lDeferredvacation l 278,864 l 640,875 l various l 544,743l 374,996l l11I I I I 1 1 I l 12 l New Engtend fetephone Pre Petition . l l l l l l l13l Joint Pole Ownership l 904,689) 33,231 l Various l 33,339l 904,581l l14I I i l i i I l 15 l Schiller #3 Turbine Rotor Blade Damage l 0l 304,360l 514/131 l 202,331 l 102,029l 16 I I I I I I I

( 23 l Merrimack Turbine Stade l Failure 245 l 1,019,062l 514/131 l 94,521l 924,786l l24I I I I I I I l 25 l Financing Doc eents E mloyee Expenses l 0l 154,923l l 0l 154,923l l 26 l l l l l l l l27lPensionOptionsProgram l 0l 104,565 l .

l 0l 104,565l ,

1281 l l l l l l l29lSchitterOltspillCleanUp l 0l 106,220l -

l 0l 106,220l l 30 l l l l l l l  !

l31lVermontCooperativeAsset l 0l 1,190,989l -

l 0l 1,190.989l l32l l l l l l l

l33lSchitter86GeneratorRotorDamage l 0l 65,812 l .

l 0l 65,812l l34I I I I I I I l35lAT&TPrepaymentforfetephonesystem l 0l 202,057l .

l 0l -?02,057 l 136I I I I I I 1 l 37 l h. M. Electric Cooperative Receivable l l l l l l l38l Pending Litigation l 0l 8,080,904 l .

l 0l 8,080,904l 139I I I I I I i l40lschliter#68earin9sforLPRotor l 0l 34,400 l -

l 0l 36,400l l '1 1 1 I I I I I .

l42lNEPOOLFMV.PTFTransmissionFmd l 0l 435,462l l 0l 435,462l 1'3l l l l 1 1 I l 44 l Other (37) l 3,805,975 l 10,605,372l various l 14,417,964 l (6,617)l ,

I '5 I I I I I I i .

t '6 1 1 I I I I I l 47 l Miscellaneous Work in Progress l 1,372,926 l l l l 1,520,261l

{y 48 DEFERRED REGULATORf COMM. EXPEh5ES (See pages 350 - 351)

I 49 total 6,708,644 17,488,129 Page 233 heat Page is 250

• PUBLIC SERVICE COMFAtY Of htW MAMD$Nlft Dec . 31, 1990 An Original C AP t f AL STOCK ( Accounts 201 ard 204)

1. Report tet ow the particulars (details) cat ted for con- ing, a trecif ic ref erence to report f orm (i.e. year and carpeny cerning corren and pref erred stock at end of year, disting' titte) may te reported in col mn (a) provided the fiscal years uithing separate series of any general class. Show separate for both the 10 K report ard this report are coppatible, totals f or conwn and preferred stock. If information to 2. Entries in coin (b) should represent the nurter of shares mest the stock enchange reporting rnuirenent outlined in authorit*d by the articles of incorporation as amended to ord coln (a) is available f rom the SEC 10 K teport f orm fit- of year.

kner Var of Shares or stated Catt Class and leries of Stock and Authorized Value Price at Line kame of S t oc k E n c h ange by tearter Per Share End of Year to. (a) (b) (c) (d) 1 Account 201 g .. ..

3 C ommn S t oc k * * $0.000.000 5 Wone L

5 Account 204 6 ...

7 Pref erred Stock (hote) 3 3.35% Dividend Series 100.00 100.00 9 4.50% Dividend se-ies l 100.00 102.00 10 5.50% Dividend Series (Convertible) l 100.00 100.00 11 7.92% Dividend Series l 100.00 101.98 12 11.00% Dividerd Series

• l 25.00 25.50 13 7.64% Dividerd series (sine ing fun) l 100.00 103.32 14 9.00% Dividend Serles (sink irg Fund) 100.00 104.50 15 11.24% Divide N series * (sinsing Fund) 25.00 26.40 16 17.00% Dividerd 5er les* (Sink ing Fund) l 25.00 27.13 17 15.00% Dividend Series * (Sink trg Fund) l 25.00 26.88 18 15.44% Cividend Seri s* (sinaing Fund) 25.00 l 27.90 19 13.0C% Dividend Series * (Sinking Fund) 25.00 j 27.17 ,

20 13.80% Dividerd series * (sinking Fund) 25.00 l 27.30 21 22 23 24 Preferred Cividends are C mulative.

I25l l l 26 l The Corvany ceased paying divideNs on shares of its Cecinon aM Preferred stock in 1984. The Corrany ceased accruing l l 27 l dividends on all Series of Preferred Stock on January 28, 1988, the date of the filing of the voluntary petition for l l23lprotectionunderChapter11oftheunitedStatesBankratcyCode, resutting in a reduction of 541.0 mittion in pra- l l 29 l f erred dividend requirecents f or 1990 and 1989, the tctat amnunt of dividends in arrears at Dececter 31, 1990 is l l30l5161.859,836. l 1 31 1 1 l 32 l Conver.lon Price of Convertible Preferred Stock was $14.49 Per St sre at Decenter 31, 1990. l l33l l l 34 l 61,215 shares of Corron Stock were Reserved for issuance upon conversion of 5.5% Dividend series of Pref arred stock. l l 35 l l l36l Note: Preferred Stock Authorized: 14,000,000 shares of Pref erred Stock,125 Par value and l l 37 } 1.350,000 trsees of Preferred stock, $100 Par Value. l l 38 l l 139I l

} 40 l l l 41 l

• Listed en New York Stock Enchange l l 42 l " Listed on hew York Stock Esc *ange and Pacific stock Enchange l O

Sage 250

PU8 tlc SttVICE CCMPANY OF tt') MAMPSMitt D ec . 31, 1990 An Original O STOCK (Accounts 201 and 204) (Cont inucc')

V ...............................CAPlfAL .................................................................... ....................

3. Give particulars (details) concerntrsg shares of any 5. State in a footnote if any capitet stock which has been class and series of stock authorited to t;e issued by a rminally issued is roninally outstanding at end of year.

regulatory corsnission which have not yet teen issued. Give particulars (details) in cotwei (a) of any nominalty

4. The identification of each class of preferred stock issued capitet stock, reacwired stock, or stock in sinking should show the dividend rate ord whether the dividends and other fsde which is pledged, stating nane of pledgee are cunutative or nonewulative. and parposes of pledge.

OUf$fANothG Ptt SALANCE $Ntti HELD BT tt$PONDEWT (fotal asumt outstarding without re. . " ' ' " " " " " + ' ' ' " ' " " " " " " " " " " " . " " ' . " . " . " "

duction for amounts held by respondent.) A$ REACQUltt0 STOCK (Acco rt 217) l IN $lhKlhG AND OiktR FUWOS Shares Amount Shares cost l Shares Amoi.rit Line (e) (f) (g) (h) l (1) (j) No.

1 2

42,154,548 210,772,740 kone hone N/A 3

....... ............ ........ .......... .... ... . .... . . .............. ............. .. . .. .. .. 4 5

6 7

102,000 10,200,000 mone None 8 75,000 7,500,000 mone None 9 8,870 887,000 Wone None 10 150,000 15.000,000 kone none 11 600,000 15,000,000 None hone 12 120,000 15,621,607 None None (Comenced 1984) 13 158,400 21.471,503 none hone (tweenced 1982) 14 1,200,000 43,120,306 none wone (Comenced 1954) 15 1,200,000 50,146,371 None mone (Comenced 1925) 16 1,200,000 47,776,210 tone hone (cmeenced 1985) 17

[ 2,400,000 1,400,000 96,595,290 52,973,723 None kone (Correnced 1987) 18 wone None (comenced 1988) 19 2,400,000 92,708,226 kone hone (comenced 1989) 20

........ .. .. ..... 21 469,200,236 22

.................... 23 24 I I 25 l l 1 26 l l l 27 l l l 28l l l 29l l l 30 l 1 l 31l l 1 32 i i l 33l l l 34l 1 1 35 I I IMI I l 37 l 1 l 38l l l 39l l l 40 l l l 41l l

l 42l

! i Page 251 m) t l

PUBLIC SfeetCE COMPANY OF ktW NAMPSMIRE Dec. 31, 1990 An Originat CAPlfAL STOCK SUBSCRIBfD, CAPlfAL STOCK LIA81LITY FOR C0kYi,R$10W, PRIN!UM Oh CAPlf AL $f 0CK, AND 1%f ALLvENf 5 Rf Ct!VfD ON CAPlf AL $IDCK

( Accounts 202 and 205, 203 ard 206, 207, 212) 1, show for each of the above accomts the amexants amtying to which a conversion Liability esisted uMer Accomt 203, Ccmion each class and series of capital stock. Stxk Liability for Ccnversion, or Accce t 206, Preferred

2. For Account 202, Carmon Stock $@ scribed, and Accomt 205, Stock Liability f or Conversion at the end of the year.

Preferred Stock subscribed, show the stbscription price and the 4. For Preeltre on Accomt 207, Capital Stock, designate with b: Lance dse on each class at the erg of year, an asterisk any amomts representing the escess of consider.

3. Dsscribe in a f ootnote the agreement and transacticas telder ation received over stated values of stocks without par value.

]L irse l Name of Account and Description of item l NJter of $ hares l Amoet l lho.l (4) l (b) l (c) l l... ... .. ... .............. .. . . .. . .. .. . . . . ..... . ..... . ..

...................l l 1l Account ?O7 Premim on Capital Stock l l l l 2l l l l l 3l Camon Stock $10 par value (Note 1) l l l l 4l 1946 Premi m neceived l 133,142 l 13,668.589l l 5l 1948 Premi c teceived l 139,739 l 1,921,412l l 6l 1949 Premi m Received l 104,804 l 1,310,050 l l 7l 1950 Premium Received l 235,809 l 2,768,633l l 8l Comon Stocs - 55 Par value l l l l 9j 1954 Premium Received l 120,000 l 1,C80,000 l l 10 l 1955 Fremim Received l 413,C16 l 4,852,938l l 11 l 1957 Premi c Received l 262,890l 2,405,443j l12l 1959 Premium Received l 396,000l 5,102,460l l 13 l 1970 Premium Received j 4C0,000l 7,100,000l l 14 l 1971 (hete 2) l 15,000 l 285,000l l 15 l 1971 Preei m Received l 420,000l 7,589,400l l16l '971 (hete 3) l 7,247l 191,510l l 17 l 1972 (hote 3) l 13,987l 359,071l l 18 l 1973 (Note 3) l 15,011 l 385,416 l l 19 l 1974 Premi m Received l 650,000 l 8,632,000 l l 20 l 1974 Premi m Received l 1,000,000l 6,140,000l l 21 l 19 7t. (hote 3) l 3,632 l 83,789 l l 22 l 1975 (hote 3) l 97,545 l 2,061,330l l 23 l 1976 (hote 3) l 35,000 l 738,724 l l24 l 1976 Premim Received l 1,000,000l 15,870,000l l 25 l 1977 (hete 3) l 37,092 l 751,120l l26l 1977 Premim Received l 1,200,000 l 19,092,000l l 27 l 1973 (hete 3) l 21,171 l 406,444l l 23 l 1978 Premi m Received l 1,300,000j 17,361,000l l 29 l 1973 (Note 4) l 21,284l 321,921l l 30 l 1979 (Note 3) l 45,788 l 818,771l l 31 l 1979 Premim Received l 2,000,000 l 29,640,000l l 32 l 1979 Premium Deceived l 2.000,000 l 27,740,000 l l 33 l 1979 (hote 4) l 73,061l 930,084l l34l 1979 (Note 5) l 63,315 l 723,847 l l 35 l 1980 (hote 3) l $6,061l 917,474 l l 36 1 1980 Premim Recefved l 1,500,000l 13,200,000l l 37 l 1980 Premi m Received l 2,500,000l 28,637,500 l l 38 l 1980 (Nete 4) l 172,298l 1,815,001l l 39 l 1980 (note 5) l 6,430 l 65,516l l 40 l l l l Page 252

PV8t!C SERvlCC CM PANY Of htW HAMPS:llRE Dec. 31,1990 +

An Original

• Q OAPlf AL $10CK SUB$CRIBED, CAP!1 AL st0CK LI ABILif f FOR 00NVit$10N, tatalVM ON CAPI 1AL St0CK, AND INSTALLME4i$ Rittivt0 ON CAPlfAL STOCK

[

( Accounts 202 and 205, 203 and 206, 20*, 212) (Cont f rued) lLinel Name of Accomt and Description of item l Nuter of Shares l Amount l lko.l (e) l (b) l (c) l l..................................................................... ......................... ...............................l l 41 l Account 207 Premim on Capital Stock (Contfrued) l l l v l 42 l + * * - -

l l l l 43 l 1981 (note 3) l 85,585l 81,245,368l

• l44l 1981 (Note 4) l 197,206l 2,074,651l ,

l 45 l 1981 (Note 5) l 8,926l 92,367l l 46 l 1981 Premi m Received l 2.200,000l 20,504.000l '

l 47 l 1981 Premi m Received j 2,500,000l 23,012,500l l 48 l 1982 (hote 3) l 21,633 l 305,642 l

- l 49 l 1982 (Note 4) l 296,732 l 3,089,558 l l50l 1982 (Note 5) l 9,679l 99,666 l l 51 l 1982 Premiun Received l 3.000,000 l 30,165,000l l 52 l 1983 Premium Received l 5,000,000l 66, A75,000 l 7 l 53 l 1983 Premim Received l 5,000,000 l 61,075,000 l l 54 l 1983 (Note 3) l 12,953l 181,079l l 55 l 1983 (Note 4) l '50,256l 5,326,371 l l 56 l 1983 (Note 5) l 9,435 l 112,311l l Sr l 1964 (Note 3) l 14,512l 197,391l l 58 1984 (Note 4) l 176,527l 961,355 l l[ J 1984 (Note 5) l 3,701l 23,479 )

l ir]) 1985 (Note 3) l 828 l 7,860 l l61l 1987 (Note 3) l 330 1 3,150l '

l62[ 1988 (Note 3) l 6,901l 65,495l

[63l 19B9 (Note 3) l 90l 5,895 l lMi i l

65i.......................................................................................................................;I l 66 l fotal l l S430,017,590 l l67j........................................................................................... .........................;

l68l Notest l

lMi l l 70 l. (1) shares shc.n represent the actual nuter ef $10 par value shares originally issue <t. Par value was l lT1l changed to 15, effective May 21, 1954, therety increasing the nuter of shares outstanding on a l l72l 2'for 1 basis, i

lI3I l l74l (2) Value of stock recorded as $24 per share for acquisitiori of Greenvitte Electric Lighting Co. l l 75 l l l76l (3) Premius recorded wring year from conversions of Convertible Preferred Stock, 5.50% Olvidend series, l l77l Into Common steck, 55 Par Value.

l l78l. l l79l (4) Premim recorded during year from issuance under Olviderd Reinvestment and Comon Stock Purchase Plan, j l 80 l l l 81 l (5) Premiun recorded during year from issuance under Emtoyee stock ownership Plan. l 9

a Page 252a l

_ . , , - m e- -m * - +-

~^ - a. a O

s ii P

This P4tf MA$ $f(M iWif2il0NA!LY LEFT BLAkE O-I k

F l

l t

l 0-P I

I

. ~ ~ _ . ________._..__m.4_ _ _ _ _ _ _ _ _

.t l

PugtlC StevlCE CCeePAM-Of NfW hA7,PSMitt 'Dec. 31, 1990 An Original OfM(t PAlD.!N CAPITAL (Accounts 208 211, Inc.- $

.' Report below the betence et the end of the year and the inf ormellon specified below for the respective other peld.in cap. .

Itat accounts. Provide e autheading for each accomt and show a total for the accomt, as went as total of att accounts for reconcillation with batence sheet, page 112. Add we colume for any accomt if deemed necessary. (apteln changes snade in any account Wring the year and give the accounting entries ef fecting such change.

(e) Donations Received fewe Stockholders (Account 208) . state anomt and give belef emptanation of the origin and pur. f pose of each donetton.  ;

(b) Redxtlan in Per or Stated value of Capitet stock ( Account 209)

• 5 tete amoet and give belef emptenation of the cap.

~

)

(tal changes tAlch gave rise to amounts reported urder this caption including identification with the ctess and series of 'j stock to which related, i (c) Gain on Rosete or Concet tet ton of teacwired Capital Stock (Accomt 210)

• Report betence at beginning of year, cre.

dits, debits, and betence et end of year with a designation of the nature of each credit and debit identitled by the etess {

s and series of stock to whi;h reteted. i (d) Miscellaneous Paid.I's Capitet (Account 211)

• Classify amounts included in this accomt according to captions which, together with brief explanations, disclose the generat nature of the transactions which gave rise to the reported amounts. f

....................... .................................................................................................. }

Line Item Ammest i ho. (a) -(b) -!

(

1 l Account 211 . Miscellaneous Paid in Capitet l 2l l

}

l 3 l Corven stxk . Originat Isseance tapenses l 1,768.158l ,

1:' I I I i l 5 l Preferred Stock Original lasuence tapenses l l l l 6l 5.50% Dividend Series (30,317)l

]

[

l Tl 7.92% Dividend Series (245,137)l t l 8l 7.64% Dividend Series l (87,529)j f l 9l 11.00% Dividend Series I (751,983)l l l10l 9.00% Dividend Series l (108,949){ j l11l 11.24% Dividend Series l (1,360,014)l j

- l 12 l 17.00% Dividend leries l (1,607,641)]

_l13l 15.00% Dividend Series I (1,455,355)l  ;

l 14 l 15.44% Dividend Series l (2,585,481)l l15l-13.00% Dividend Series l (1,477,987)l  ;

-l16l 13.80% Dividerd Series l (2,480,195)l j l 17 l l- -l  !

l 18 l Future Dividend series l (131,250)] [

l19l- l 1 }

l 20 l Concon stock Warrants l 15,955,979l  ;

I21l l l  ;

jtzl l l }

-l23l l l )

Iasl l l l I 25 l. l i  ;

I26l l l  ;

I 27 i l l l 128 l l l .

l29l-l l  !

l 30 1-- l l- j i311- l l  ;

I 32 l l l l L l 33 l l l l I34I l l l l35l l l -!

l36l l l l l 37 I l l  !

O R l -. - - -...-......-...-..... ... - .. ... ... ~ .....-........ ....... .. t . . ...... . ... 1 l

.I 'O I 10rAL l 5.<,02.299l  !

Page 253 Next Page is 256 '-

i l

b

PUBLIC $ttW!CE C(MPANT OF htW HAMP$Nlt! Dec. 31,1990 An originat 404G.ittM 0(87 (Accounts 221, 222, 223, and 224) 1, arport by betence sheet eccount the particutors (de. 6. In cotum (b) show the principal amt of borids or other tails) concerning tong. term debt inctu: led in Accounts long term debt originetty issued.

221, Bonds, 222, teacquired Bonds, 223, Advances f rom 7. In cotum (c) show the empense, premiun or discomt with Associated Comantes, and 224, other tong.fers Debt. respest to the a w t of bonds or other long. term debt ori.

2. In colum (a), for_ new issues, give Comission auth. ginalty issued.

critation rucers and detes. 8. For colum (c) the total empenses should be listed first

3. For tends essmed by the respondent, include in col. for each issuance, then the amount of premius (in perenthe.

um (e) the name of the lasuing comany es well as a ses) or discomt. Indicate the premium or discomt with e -

description of the bonds. notetton, such as (P) or (D). The tapenses, proelun or dis.

4. For advances from Associated Comentes, report seper. comt should not be netted.

stely advances on notes and advances on open accounts. 9. Furnish in a footnote particutors (detalts) regarding the Ossignate demeN notes se such. Inclu3e in colum (a) treatment of memortised det>t empense, proelun or discomt names of associated comentes f rom which advances were associated with issues redeemed during the year, Also, give received. In a foot.iote the date of the Comission's authoritation of

__5. For receivers' certificates, show in cotum (4) the treatment e her then se specified by the Uniform System of name of the court and date of court order under which Acc omt e ,

such certificates were issued.

Ctess and Series cf Obligation, Co e n tote (For new lasue, give Comission Principal Amne t total tapense, tine Authorit etton ruters and dates) of Debt lasued Premim or Olscomt No. (a) (b) (c) 1 Account 221, 8onds 2

3 First Mortgage (1) 4 5 . * " . M. '

series " tapense

...". ". 24,000,000 66,418 6 . Premium (122,400)

-7 8 series N . Escense 17.000,000 54,453

. Premium (193,800) 11 series 0 . Espense 15,000,000 49,315 12 Premim (9,150) 13 to series * . Espense 15,000,000 49,259 15 . Premia (40,650) 16 17 Series 0 . Expense 20,000,000 68,777 18 Olscount 175,000 19 20 series R . tapense 20,000,000 73,296 21 . Discount 273,000 22 23 Series 5 . Expense 20,000,000 87,594 24 . Discount 90,000 25 . -

26 series V . tapense 15,000,000 92,214 27 . Olscount 165,000 28 29 General & tefmding Mortgage (2) 30 . ' . ' . " = . * . . . . * . * . " " .

31 series A . Expense 60,000,000 532,428 32 33 - Series B . Expense . 60,000,000 230.023 34 . Discount 1,320,000 35 .

36 series C . Expense 30,000,000 179,001 37 . Discomt 660,000 38 39 teries 0 . Espense 23,000,000 157,301 40 . Olscomt 345,000 41 42 series 1

• Expense 50,000,000 207,540

-43

• Discount 625,000 46 e

Page 256

- .. -. -. - - - . - - . - - - - ~ - - -- ~ . - ~ - . - -- --

PVOLIC sitvlCE CCMPANY Of h(W MAMP$NIR( Ogg, 51, 1990 An Original LONG f(RM Ctpf ( Accounts 221, 222, 223, and 224) (Contirued)

10. Identify separate undisposed arw e ts amticable to debt securities elve particulars (detalts) in a footnote in, issues which were redeemed in prior years. cluding name of pledgee and purpose of the pledge,

11. taptain any debits and credits other than amortise. 14. If the respondent has any long term debt securities which tion debited to Account 428, Amortization of Debt Dis. have been ruminally issued and are nominally outstanding at comt and Espense, or credited to Account 429, Amortits- end of year, describe such securities in a footnote.

tion of Premius on Debt

• Credit. 15. If interest espense was incurred during the year on any

12. In a sumtemental statement, glw emptanatory par- obligat tuns retired or reacwired befo'e end of yeer, include ticulars (detalts) for Accounts 223 and 224 of net such it*terest empense in cotum (1). Esplein in a f ootnote changes during the year. With respect to Lcng+ tera @ eny dif ference between the total of cotum (1) and the total vences, show for each corpeny (a) principel advanced of Account 427, Interest on Long term Debt and Accomt 430, during year, (b) interest added to principal enount, ami interest on Debt to Associated Compenles.

(c) pr1ncipal repold Weing year. Give Comission auth- 16. Give particulars (deteits) corcerning any long term debt orization ruters and datet. authorized by a regulatory comission but not yet issued, 13, if the resporcent has pledged any of its long ters l Outstanding (totet l ampet outstanding Awo#f12Afl0'.. PE0103 without reductlon kaminal Date Date . * + + + .

for amounts held interest for fear of issue of Maturity Odte from l Oate to by respondent) Amount Line (d) (e) (f) l (g) (h) l (l) ho.

1 l

1 2 3

4 07/01/62 07/01/92 07/01/62 07/01/92 20,805,000 762,231 5 6

7 10/01/66 10/01/96 10/01/66 10/01/96 14,957,000 916,116 8 9

10 06/01/67 06/01/97 06/01/c? 06/01/97 13,381,000 836,313 11 12 13 11/01/68 11/01/98 11/01/68 11/01/98 13,491,000 961,234 14 15 16 11/01/70 11/01/00 11/01/70 11/01/00 17,934,000 1,61;,060 17 18 19 06/15/72 06/15/02 06/15/ 72 06/15/02 18,381.000 1,401,551 20 21 22 03/01/74 03/01/04 03/01/74 03/01/04 18,430,000 1,663,200 23 24 l 25 10/15/76 10/15/06 10/15/76 10/15/06 l 14,156,000 1,291,735 26 27 28 29 30 08/15/78 08/15/93 09/15/78 08/15/93 32,700,000 3,310,875 31 32 09/15/79 09/15/99 09/15/79 09/15/99 60.000,000 7,200,000 33 34 35 01/15/80 01/15/00 -01/15/80 01/15/00 30,000,000 4,350,000 36 37 38 12/01/80 12/01/90 12/15/80 12/15/90 23,000,000 3,910,000 39 40 41 11/15/89 11/15/94 11/28/89 11/15/94 50,000,000 5,500,000 42 43 44 45 46 Page 257

m. . , _ . _..___...___._-.m - . - _ . _ _ . _ ____ _ _ - . . - _ _ ____ _ . . _ . . _ _ . _ . -

PUBLIC $tRvlCE COMPANY OF NEW MAMP$Nltt Dec. 31, 1990 An Originot LonG.itan Otst (Accuts 221, 222, 223, and 224)-(Contirued) .

Ctess and Series of obligation, Coupon Rate (For tww issue, give Comission Principet Amoet total Expense, line - Authoritation tvJ6ers and detes) of Debt lasued Premius or Olscomt to, (e) (b) (c) 47 Account 221. Sorwis (Continued) 48 49 third Mortgage Bonds 50 " " " + " " " " " " -

51 Pottution control Revenue Bonds 101/2%, Due 2016 100,000,000 52 . Expense 6,900,000 53 Olscomt 1,041,331 54 .

55 Deferred interest third Mortgage sonde 13 3/41, Due 1996 225,000,000 56 . Expense 37,035,000 57 58 59 Account 224 60 ... ... ...

61 62 Promissory Note . Variebte Interest, Due 1988 100,000,000 0 63 64 -Unsecured Debentures 15 3/41, Due 1988 75,000,000 65 Expense 220,562 66- + Discount 2,100,000 67 68 Unsecured Debentures

• 14 3/81, ove 1991 100,000,000 69

• Expense 217,769 70 Discount 2,800,000 71

72 Unsecured Debentures 151, Due 2003 100,000,000 73 Expense 234,148 74 Olscomt 5,820,000 75 76 Pollution Control Revenue Bords .121/4% 3,250,000 77 . Expense 59,286 78 . Olscount 125,125 79 80 Pollution Control Revenue Bonds . 13 1/4% 7,250,000 81 _ Expense- -132,253 82 Discount 315,375

83

l. 84 Pollutico controt tevenue Bonds - 13 3/4% 8,000,000

j. 85 Expense 145,934 86 . Olscomt 388,000 87 88 Pollution control Revers.se Ronds .12 3/4% 1,500,000 89 Expmse 27,363 90 Discomt 138,750 91 i 92 Decentures 17 1/2%, Due 2004 425,000,000 l- 93 tapense 1,757,188 i 94- 0iscomt 83,294,068

95 96 U.t. & C. ters Loan - Variable Interest, Due 1988 18,436,728 .0 97

, 98 Pollution Control Revenue Bonds Variable Int, Due 2019 112,500,000

99 + Expense 32,200 100 Discomt 1,667,500 101 i 102 Post Petition Interest (3) 3 133 l 104 i- 105 - - - - - - - . - - -

I . 106 j 107 TOTAL 1,644,936,728 149,606,471 j ..........................................................................................................................

l 1

t. Page 256e i

t n - , - . , - _ , _ , . - -.

_ , . , , , - , , , ._,.-.,n.,.,_,,n._, g , g ,n g. m , , , m

m..____ -- , - . _ . _--. <- - - . - _ . . _ . _ - . . _ . _ _ _ _ _ _ . _ _ _ _ . _ __.__-.-__.m.,~. . __

i E

PVOLIC SERVICE CCuePANY OF NEW MAMPSHIRE Dec. 31, 1990-  !

An Originot. j LONG.itDM DE87 (Accomte 221 I 6 .............,......g . ......................................................................................................

)

~

Chatstandin8 (Totet amoe t outttendle1 AMORil2Afl0N Pf tite without redaction  ;

Nominet Date- - Date ..................................... for enomte held Ir.terest for Year  ;

of Issue of Maturity Date From Date To ty respondent)- Amomt Line I (d)- (e) (f) (s) (h) (1) No. '

......................................................................................................................... l 47 4 48 49 50 t 02/01/86 02/01/16 02/01/86 02/01/16 100,000,000 .5,250,000 51 -l 52  ;

53 54 }

02/15/86 02/15/96 02/15/86 02/15/ % 225,000,000 15,468,750 55 .- !

56 1 57 [

58 i

=9 ,

60 '

61  ;

05/22/87 05/01/88 09/30/85 05/31/91 100,000,000 62  ;

63 I 10/01/82 10/01/88 10/01/82 10/01/88 75,000,000 0 64 1 65 .

66 f 67 h 02/01/83 02/01/91 02/01/83 02/01/91 100,000,000 0 68  :

69 -,

70 1 '

71 11/01/83 11/01/03 11/01/83 11/01/03 100,000,000 0 72  ;

73 '

74 Y 75 I 12/01/83 12/01/88 12/01/83 12/01/88 3,250,000 0 76 t*

77 75 I 79

• 12/01/83 12/01/93 12/01/83 12/01/93 7.250,000 0 80 s 81 f 82  :

83 f 12/01/83 12/01/03 .12/01/83 12/01/03- 8,000,000 0 84 l*

85 86 87  :

12/01/83 12/01/03 12/01/83 12/01/03 1,500,000 0 88 I 89  !

90 )

91  !

12/06/84- 12/01/04 12/06/84 12/01/04 400,236,000 0 92  ;

93 --

94 .

95 08/28/85 05/31/87 * -

18,436,728 0 96 .

97 12/28/89- 12/01/19 1 2/28/89 12/01/19 112,500,000 9,685,603 98 I*

99 100 ,

101 t if8,987,916 102 l 103 .i 104  ?

.................... ................... 105 106 263,309,584

................................................................................=====,578,457,728 1

...======.ma==============

107 Page 257e i

?

7 l

I

-- - , - - . - - ~ ...--,,.,.-m m,-.- ._m,-.-- -

~ ,. _

. + . . . = _ . -- -. . .- - - .- .- . . . . - -

I PUBLIC $ERVICE COMPANY _0F NfW NAMPSHIAE Dec. 31, 1990 An Original

~

~

LONG TERN DEST (Accounts 221, 222, 223, and 224) (Cont f rued) - ,

r

.............................................................................................................. .......... 6 l' l l l  !

.l Notes: l '

l= 1 1

-l ~

l. E l (1) First Mortgage send Series V, Due 1993, Series X, Due 1999 and Series t, Due 1989 are deposited with l

_l- the Trustee of the General ard Refunding mortgage Ir; denture as meditional security for General and l l Refmding Fortgage Bonde. l Il 1- .;

-l ,

.l l : (2) Generat 8 Refunding Mortgage Bonde, Series J pledged as security for Pottution Control Revenue Bonds l  !

l- 'che 2019. l [

fl _l 1- 1 1

.l - (3) In accordance with the Plan cf Reorganization for Public Servics Conpany of New Hanpshires l ,

.I - - - I  !

.. l -. . First Mortgage Bonds and GAA Bonds will receive interest on delayed post-petition interest payments l  ;

l . totalling $0.2 mittion for 1990. l ,

I . -

. I I

.l- . Third Mortgege bons olders and the 10.5% Pottution Control Revenue bondholders will receive post- l

-~ l petition date interest at the Ef fective Date 'which totatted $20.7 million for 1990. In addition, l ,

l: - Interest on missed post petition date interest payments ulL L be paid at the Ef fective Date. the l_

.l; Cenpany recorded $25.2 million for interest on missed post petition date interest payments in 1990. l ,

1 - I  :

l. . Unsecured creditors will receive $110.6 mittion of post. petition date interest.- in addition, l [

fl unsecured creditors will receive a cash distritwtion at the Ef fective Date estimated at $545 mittion. l j

.l Such distribution has been accruing interest sin:e July 1, 1990. -Interest expense on the expected- l [

l . cash distribution totetted $26.6 mittion for 1990. l t i .

_ _ l l

.l- - Notes totalling $205 million, maturing July 1, 2000, will be issued on or imediately af ter the - l f

.l- Ef fective Date ard ullt bear interest at a rate per annan to be fixed 30 days prior to the Ef fective- l 1

l. Date. Interest began accruin) on the Notes on July 1,1990 and the Carpeny recorded an estimated l

.l? . interest expense of 315.7 mittien for 1990. -- l ,

-I' 1 l l l- l l' l-

. -- l - l 1 l l-- I l' l i

il 1 -!

l l i r il -l-  ;

l 1 -l-  ;

I l i I l l

l l e1 l t

Page 250) Next Page is 261 t I

PU6t!C SERVitt COMPANY Of h(W NAMP$Nlf! Dec. 31, 1990 An Original RECONCILI AtlCN OF REPORTED hti lhCOME wiin T AsABLE lhCUME FOR FIDER AL lhCOME T AXES

1. Report the reconciliation of reported net %we for the tanable net income as if a separate return were to be year with tanable income used in ccumuting f ederal income filed, indicating, however, intercoppany amts to te tan accruals ard show ccumutation of such tan accruals in- eliminated in such a consolidated return. State names of ctude in the reconciliation, as for as practicable, the same gro@ menters, tas assigned to each group mentwr, and be-detait as furnished on Schedule M 1 of the tan return f or als of allocation, assignment, or 6 haring of the consoli-the year, $utrnit a reconciliation even though there is no dated tan anung the gro@ mentwrs, tenable income for the year. Indicate clearly the nature of 3. A substitute page, destgred to meet a particular nead each reconciling amount. of a company, may t=' used as long as the d.te is consis.

2. If the utility is a mentwr of a group which files a con- tent and meets the requirements of the ateve instructions, dated Federal tan return, reconcile reported net income with lL i ne Particulars (Details) Amnent I he. (a) (b) j.... . ......... ... ....... ............... ... ...... .... . .... .... ............... ... ... ..... .,... ....

l 1 het income for the Year (Page 117) (210.01?.554) 2 Reconciting Items for the veer 3

4 Tanable incone het Reported on Books 11,497,849 5 (see Page 2614 for Detail) 7 l

5 l 9 Deductions Recorded on Boots not Oecac t ed f or Return 213,032,579 l 10 (see Page 261A for Detail) l 11 1

12 l 13 14 income Recorded on Books het inctvded in Rets en 2,055,008 15 (see Sage 261A for cetail) 16 w 17 s

s 19 Deductions on Return het Charged Against sock tncane 123.543.761 20 (See Page 26i A for Cetait) 21 22 23 24 25 26 27 F eder a t fav Net incore (111,083.395) 28 Show Cmputation of Tas:

29 (See Page 261A for Detail) 30 31 32 33 34 35 36 37 35 39 40 41 42 43 44 Page 261

PUBLIC btRVitt CPPAkY OF htW kAMP$NIRE Dec. 31, 1990 An Original RECONCILIAi!ON OF REPORitD htf thCOME WitN 1AXASLt thCOME FOR FEDER AL IkCCpt T Ax!$ (Cont inued)

L itu Particulars (Details) Amount ho. (a) (b) 1 f amable income hot Reported on Books 2 30% of Dividends Received From Subsidiary 632,164 3 Contritotions in Aid of Construction 2,107,975 4 increase in Accrued Utility Revenue 3,589.824 5 TRA'86 Capitalised Interest het AFUCC Cebt 223.841 6 Accident Reserve to Actual 207,253 7 f aa Payments in Excess of tapense 405,926 8 Seabrook Property taa Refund 3,828,660 9 Interest on seabrook Accour.ts 502,151 10 **************** *****

11 11,497,849 12 Deductions Recorded on Books hot Cedacted f or Return ses===ssases==ss==seems 13 Pension tapense 1,829,385 14 Coalition for Reliable Energy 58,867 15 20% tacess Meal Expense 80,750 16 increase in Reserve for Uncollectible Accou"ts 780,296 17 Millstone Decomissioning 46.963 18 seabrook tecomissioning 19,038 19 Deferred Fuel 27,473,675 20 facess Charitable contributions 12,864 21 Reorganization Legal / Success Fees 21,961,615 22 Seabrock settler nt

• vermont Cooperative 2,940,000 23 Non Parachute Portion of inhanced Pension 625,000 24 Parachute Portion of inhanced Pension 1,100,000 21 Cetty Buyout 2.917,003 26 Seabrook Unit 11 &apenditures 120,077 27 Post Petition unsecured Interest 153,058,043 22 .............. . ...

29 213,032,579 30 income Recorded on Bo3ks Not included in Return ================ss=====

31 Equity in Earnings of subsidiary Cervantes 1,:97,726 32 investment fan Credi* Adjustment 679,244 33 Allowance f or Funds used During Construction 230,472 34 Deferred income taxes 0 35 Feceral Inewe tax Expense 0 36 safe Harbor Lease 50,566 37 ............. . . .. .

33 2,055,005 39 Ceductions on Return Not Charged Against Book income =======================

40 A Mitional Allowable Depreciaton 77,670,987 41 taaes Capitalized 51,555 42 AOR Cost of Rem vat 525,000 43 tectual to Cash Adjustment 350.326 44 Safe Harbor Lease 221,770 45 Section 189 Capitalized Interest 27,267 46 seabrook Unit I interest & Change in Reserve 18,340,491 47 Bonus / Deferred vacation 1,106,338 48 Millstone Disallowance 216,359 i 49 Schiller Write off 461,996 50 M Att settlement . Note 16,000,000 51 MMWEC Settlement . Pre Operation Costs 7,843,868 52 seabrook Pension Expense 727,804 54 ............. . .. ..

55 123,543,761 56 Show Cormutation of Taa ===========33======s===

57 Tan at 34% (Federal Tau Net income (11',083,095) x .34) (37,768,525) 58 het Operating Loss Carryback Limitation 37,768,525 59 ... ........ . ....

60 Federal Income tax 0 61 ====== sass ======sasssas 62 Charge to 409.1 464,669 63 Charge to 409.2 (464,669) 64 ............... . ...

65 TOTAL Federal income Tax Payaole 0

.. .... . .. .. .. ,. .. . .... ... . . . . . . .. . .. ....an .... :::: cassizmases Page 261 A

- +-%. .= 4 %.J.a >#*+l.k vuse.m e .4 -.- . -,-o = - _ _ . .a -a ~a haJ-*a-- Ae > * .a - - .a ae -

Y f

f 5

-F h

I

)

I O  :

5 t

i t

t 1

I f

s h

IMit PAGE MAS BEEN INTINflohALLY LEFT BLAM [

9 f

h O. l h

I t

l I

i f

l I

i f

I i

t

)

f

'J l

9 i

! )

O l i

i l

t ii

-- .- , , .. .. ~ . - - , _ . . . , - , _ . ., , . , , - - - . ,, , - , . . _ , . .- , . , - ,,

PUGLlC SERvlCE CCNPANY OF NEW hAMP$N!RE Dec. 31, 1990 An Original T AMS ACCRUED, PREPA!D AND CHARGED OURING YE AR

1. Give particulars (details) of the ccreined prepaid and and (e). The balancing of this, page is not af f ected by the in-cccrued tea accounts and show the total taxes charged to clusion of these tanes, i op3 rations and other accounts during the year. Do not in- 3. Include in colwri (d) tanes cnarged charing the year, tames  !

clude gasoline a'v1 other sales taxes which have teen charged to operations and other acccets through (a) accruals charged to the accomts to which the taxed material was credited to tents accrued, (b) amounts credited to proportions chstged. If the actual or estimated apu m ts of such taxes of prepaid tants chargeable to current year, and (c) taats paid are known, show the amounts in a footnote ord designate and charged direct to operations or acccets other than accrued whsther estimated or actual arrets. aN prepaid tan acccets.

2. Include on this page, taxes paid during the year and 4. List the aggregate of each kind of tax in s# h marver that f charged direct to final acccets, (not charged tc prepaid the total tan for each State and sJrjivision can readily be l or accrued taxes). Enter the amounts in both colmns (d) ascertained.

I BALANCE At 8EClhh!N 07 YEAR Kind of Tax - -- --- - - - - fases Che*ged tanes Paid I Line (see Instruction 5) fames Accrued l Prepaid fames During Year Durir.g Year Adjustments j he. (a) (b) l (c) (d) (e) (f) 1 Federal 2 ....

3 Unem leyment 3,396 224,357 226,502 )

4 Insurance i I

5 Contribution Act 132,861 8,484,685 8,594,166 6 income 737,502 0 0 7 Alternative minin m 8 and Envirorrental rames 0 0 0 9 Payrett fames - Seabrook 0 0 0 10 11 State 12 ----

13 N.M. Cross Receipts 141,315 6,021,669 5,671,313 14 h.H. Basiness Profits 0 0 0 15 N.M. Franchise Fee 0 0 0 16 N.H. Unec1ptcyment 84 7 41,081 41,617 17 vermont Miscellaneous 0 0 0 15 Connecticut Corporation fan 0 0 0 19 Connecticut wiscellaneous 0 0 0 20 21 22 23 24 25 Local Real Estate 26 --- - - -- --

l 27 New Ham shire l 428,501 4,59;',947 16,465,644 20,621,780 * (5,669,938) 23 29 30 31 vermont 0 3,341 14,073 14,282 32 maine 0 28,271 183,346 206,767 33 Comec t icut 354,011 254,046 791,513 716,623 34 Leased Property 20,421 134,509 431,052 434,512 35 34 37 38 39 40 41 TOTAL 1,818.854 5,018,134 32,657,420 36,527,562 (5,669,938)

... ... . ... . .. . . . . .ssassasssssssssssssssssssssrsassassasssssssssssssssssssssssssssssssssssssssssansasssa

• NOTE: In 1990, the C:rpasy esperienced a t arge increase in property tan ref mds due to case settlements. Such refmds are recoroed as procerty tax receivables.

Page 262 O

FUBLIC SERVICE CCMPAkT OF kEW HAMP$hlRE Dec. 31, 1990 An original I

........ .. .. ........................................... ........................................ .... . .............. ... l T ARES ACCRUED, FREPAID AND CHARCED DURihG YEAR (Continued) r

5. If any taa (eacluce Federal and State income taxes) covers cottrns (l) thru (t). In colmn (i), report the amounts more than one year, shew the recluired inf ortetton separately charged to Accounts 408.1 and 409.1 f or Electric Department i for each tsa year, Identifying the year in colter, (a). Only. Group the amounts charged to 408.1, 401.1, 408.2 and i

6. Enter att aojustments of the accrued and prepaid tan ac. 409.2 mder other accounts ir coltrn (t). For tanes charged  ;

counts in cetwn (f) and emplain each adjustment in a foot. to otter accomts or utfilty plant, shn the ruter of the l note. Cesigaste debit adjustments by parentheses, appropriate balance sheet account, picM account or teac. ,

7. co net include on this page entries with respect to defer. comt .

red income tames or tanes collected through payrot t deductions 9. f or any tan appo*tioned to nere than one utility departa

• cc otherwise pend!N transmittal of such tanes to the taning ment or account, state in a footnote the basis (neressity) authority, of appartioning such tea. .

8. Enter accounts to which tames charged were distributed in SALANCE Af END OF YE AR Cl51RIBU110N OF 1 axe $ CHAT;ED (Show utility cept, where applicable and account charged) c Prepaid faaes .Entraordinary Adjustment to t fases Accrwed (Incl. In Eleuric items Ret. Estnings  ;

(Account 236) Acet. 165) (Account 408.1,409.1) ( Account 409.3) (Account 439) Other t,ine j (9) l (h) (i) (j) (k) (t) ho. f

... . . .. .. .... .. ... ... .......... .. .... ........ . .................. ... ......... . . .. .. . . ......... t I I 1 2 i 1,251 93,081 A/C 107,108 131,276 3 i 4 I 23,350 4,798,995 A/C 107, 108 3,685,690 5 j 737,502 464,669 A/C 409.2 (464,669) 6 !

7 i 0 0 8 0 4?5,690- -

A/C 156 (465,690) 9 4 10 11 -

12 491.'.72 6,021,669 13  ;

O 0 14  :

4 0 2,225 A/C 131 (2,225) t$  !

311 23,204 A/C 131 17,877 16 O 1 75 A/C 131 (1 73 ) 17 7 0 67,800 A/C 131 (67,800) 18  ?

0 64,977 A/C 131 (64,977) 19 r 20  !

21 22 l

23 24  !

25  !

26 l 2,886.954 5,550,085 19,263,315 A/C 408,2 33,206 27 ,

A/C 107,108 (1,950,456) 28 A/C 242 7,479 29 A/C 426.5 (S87,900) 30 0 3,571 14,073 31 .

0 51,692 183,346 32 362,612 179,156 791,513 33 .

14,359 133,0$0 431,052 34 l

35 36 i 37 38 i 39  !

.......} 40 j 4,518,071 5,917,554 32,685,784

...................................................................................................................,364)) l (28 41 Page 263 Neat Fage is 266 1

E i,

PUBLIC $(RV!CI COMPAhY OF htW HAMPtHIRE D ec . 31, 1990 An Original g

ACCUMUL Af(D D[FERRED lhb[$7MEWT f AX CREDlI$ ( Account 255) W.

tiport below intormation applicable to Account 255. where correction adjustments to the account balance shown in appropriate, segregate the balances and transactioris by c ol unn ( g ) . I nc t Lde in c ol unn (i) the average period over utility and nonwtitity operations. Euplain by footnote any which the tem credits are amortised.

Deterred At t ocations to for Year Current Year's Income Balance at .. . .. .- . -- * - -- -**

Account Geginning Account Account

$sbdivisions of Year hc. Amcunt ko. Amount Adj us t ment s Lina ho. l (a) (b) (C) (d) (e) If) (g) 1 Electric Util(ty 2 3% 689,900 411.4 113,573 3 4% 2,568,276 411.4 164,467 4 7% 0 5 10% 13,211,096 411.4 401,204 6

7 o TOTAL 16,669,272l 679,244 0

. j- . . . .. . . . .

9 Other (List separately )

and shew 3%, 4%, 7%, i 10% and TC!AL) l

.j. . . . .. . . . . .

10 11 12 13 to .'s Carcany has elec ted to f ollow de f erred accounting f or investment foi credits 14 and to amortite such credits over the average life of the property which gave rise 16 to such credits, t h e amount de f er red a t Dec erter 31, 1790 includes $8,237,225 f or 17 1978 attributed to 0.alified F ogress Expenditures Election (QPf). Amortitatlue 18 of teese amounts began u n ce the ur.dertyle.g s ssets were placed in service. The 19 annual GP! amor t i t a t i v of the def erred ITC tSounts to $3,552 and $210,648 f or 20 wit t stone !!! and seat. co6 Unit 1, respec t i vely.

21 22 Invest 9ent f an Crecits earned a , deferred and amortized to incore over the lives 23 of toe related prcperties. This acccunting treatment has been approved by the hew 24 Hampshire Public utilities Conmission.

25 l 26 l

, [

27 23 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 43 J

t PUBLIC SERYlCE COMPANY Of h(W Ntr,P$N!R( Dec. 31, 1990 An original

(

s~

ACCVHUL AffD DEFERDED lhvESTMENT TAN CREDITS ( Account 255) (Continued) 7 gelance at Average Period End of of Allocation Adjustment laplehation Year to lhcore Line '

(h) (1) Wo.

1 776,327 30 years 2 2.403.809 30 years 3 0 4 12.809,892 30 years 5 6

7 15.990,028 8 9

10 11 s 12 13 i

14 16 i 20 21 22 23 24 25 26 a 27 28 e 29 .

30 31 32 ,

33  !

34 35 36 .

37 38 39 40 41 42 >

43 44 45 46 ,

47 '

48

h Page 267

[&

Next Page is 269 '

r

9: ,

1 l

I THIS PA0( HAS BElu INTENTiohALLY LEFT BLAht r i

6 O

O

. . - _ . . - . . _ ._ . . . _ .. .,_-.__.-.m__.__m. ,

e l

l PUBklC SERVICE COMPANY OF hfw nAMPsnitt Dec 31, 1990

- An Original

......... ..........,,......................................................... ........ ... . .. .. . . ..  ?

". 0?mER CEFE8tfD CREDitt ( Account 253) ,

..........m ..... ...... .. ...... ..,... ...

( ....

g

1. Report t>elow the particulars (.1etails) cet ted f or concerning 3. Minor items (5% of the Satance Erd of veer ter 6 other deferred credits. Account 253 or amunts less than 510,000, =%iceever

2. For any deferred credit beieg amortiled, show the period of is g* eater) +ay be grouped by clauet {

amortitation, C(8115 Satance at ' - < ~ ' ' '<'< t Description of Other 8eginning Contra Balance at  !

Line Dcferred Credits of tear Account Amount Credits End of Year .

No. (a) (t)) (c) (d)  ! (e) (f) f I

l 2 tan B eefit Sate Carvins Falls I  !

3 Hydroelectric Station 4 (Amortised over 38 years) 1,529,621 456

• V,66 1,479,0?)

5 6

7' 8 M EC Settlement 16,000,000 131 3.166,667 l ) 12,833,333 i 9

l 1 l +

10 1  !

t i 11 j j  !

12 Seabrook 0 l 2.375.62: 2,305,*27 i 13 1 l l

i I l 1 15 1 l  ! i 16 Miscellaneous (4) 314,731 various 5.051 l 5.02S l ~ 316,708 i '

17 I I I 18  ;

I 1 10 '

!  ! l 20 i j t  !

21 l t i  ! )

22 1 .l l 1  :

23 '

24 l t I i -I ,

l l j  ! l 25 l [

l l  ! l (  !

26 l l j l l 27  ;

} [ t i 23 29 l l 1 -l

{  ;

30 4 +

31 32 4

33 34 '

?

35 j 36 ,

I  !

t 37 j l l [

33 j

! i 39

! e l I i

'O l l I i .

41 l j '

l l 42 '

t I s 43 j +

44 45 ,

46 k 47 70tAL 17,846,352

.l  ;

3.222.284 2,400,657 17,024,725 l 5 i

I

)

i i

Page 269 heat Page is 272 i

),

)

i i

PUBLIC SERVICE COMPANY C' 4EW HAMP$wlRE Otc. 31, 10?0 An Original A;;U4ULAf(D DEF(RtfD th;DME T AXE $ ACCELERAf(D Ant 0Ril7Af!Oh FRJF(RTV ( Ac60unt ill)

1. Report tre informatic .allt4 for below concerning the re- amortitatte preperty.

spondent's accoun ting f or deferred incMe tones relating to 2. For Other (Specify). Include deferrats relati rig to etter l l CHAh;&S DUtlhG Tf AR l l l l l l j......... .... ... . ... .. ....g l  ! l Balance at l Amunts l Ancunt s l l l l Beginning l Debited to l Credited to l lLinej Accost l of Year l Account 410.1 l Account 411.1 l l ko.] (a) l (b) l (c) l (d) l l.. . ..... .... ..... .. .. . . ... ... . . . .. .. . .. . .. .....

...l l 1 l Accelerated Amortization '" at 281) l l l l l 2l Electric l l l l l 3l Cefense Facilities l l l l l4l Fottution C:ntrol Facilities j 455,878 l l 40,965l l $l Other l l l l l 6I I I I I l 71 I I I I I I l- 1- 1- 1 l 8l TOT AL Electric (Inter Total of (ires 3 tnru 7) l 655,870 l l 40.9c5 l l 1 I I I I i 9I cas l I I I l 10 l Cefease Facilities l l l l l 11 l Polluticn Control Facilities l l l l l 12 l Other l l l l l 13 I 1 14 I I

I I

I I

I l

h l l J. .l. . .. .

..l l 15 l TOTAL Oss (Enter Total cf lines 10 teru 14) l l 1 l l l 1 1 I l l 16 l Other (Speci8y) [ j l l l l j. .l. .

.i l 17 l TOTAL (4: count 281) (total of 8, 15 and 16) l 455,378 l l 40,965 1 l  ! I I i i l l p...................l....................u...,................l l15lClassificationcffotAL l 1 l l l 10 l Federal Income tax l 455,878 l l 40,965 l l 20 l State Income Tax l l l l l 21 l Local Income f ax l l l l l.. . . . .. . . . .. .. .. . . .

..l l l orts l 1 I I I I i I i l

! I l l l l l l 1 1 I I I I i ,

I- I i ,

I I I Pas 7 272

t PUBLIC $ tty!CE CONFANY Of k!W kAMP$NIRE Dec. 31, 1990 An Original

N'

/'

A; CUMULATED DifERRED lhCNE TARES.ACCELERAffD AMORilZAfl0N PROPERTT (Account 281) (Continued)

\

income at deductions.

3. Use separate pages as regsired.

l CHANCES DURlWG YEAR I ADJU$fMENis l l l

................................l.............................................................l l t I A =unts l Amounti l Detit ti l Credits  ! I I l l Cecited to j Credited to j...................................*....-........ -.. ......l 8elance at l l l lAccert410.2 l Account 411.2 i Acet. no. l Amount l Acet, no. 1 Amo et I and of veer gin. I t I (e) 1 (f) 1 (si l <h) l (i) I (J) I (k) Iso.I ,

I I I i  ! I I I 11  ;

I I I  ?

I I I I 21 ,

I I I I I I I 3I I I l 1 1 I l 'I'.9131 4I .

I I I I I I I l 5I I I I I I I I I 6i  :

1 l l 1 1 I i i 7l l............l........,......l...........l........... ..l.. .. .. .g. ... ..

.i. . .. ... ; i I i l  ! l I I '14.9131 8I I I I I I I I I I I I I I I I I I 9I I l l l 1 I I i 101 I I I I I I I i 11 1 ,

I I I i i I I i 12 I I I I I I I I i 13 1  ;

v 1 I I I I I I i 14 i t... .. .

..l..........l............l.. ..

.....l......

..l. .. ...... ... .; l 1 I I I i  ! i i 15 I I l 1 1 I I I I i i l l I I I I I 16 i j........ ..;....,...........l....... ...l...........,.l............l..............l. ....... ......;  ;

1 I I i 1 1  ! '14.913l 17 l l  ! i i l l I I i i................j................l.............l................j.............i................l..................l j i

! I I i l I i i 181  :

I I I I I l l 414.913 l 19I I i i l l I I I 20 1 1 I I I I l 1 l 21i i................. ................. ... .... ....... ................. .. ..... . .... ... ..... . .. ..

l l hofE$ (Continued) I l l 1 I I I I i .

1 I l i

I l I I I I I I I I  ;

j Page 273 h

f PUBLIC SERVICE COMPAhY Cf hrV HAQ$hl$t Dec,, 199) Aa Original  ! A:cumutaito certoto is:st tAirs cr*te n:rtelv ( Account 2e2)

                                                                                                                                                                        $l  l
..                                                        .        .,                                                                                                       t 1, cepert t*e IMormation called f or tetew concerning the re-            pecperty not sAject to accelerated amorttration.                                                 l sponcent's accounting for def erred income tanes relating to             2. For Other (Spec i f y), include deferrats relating to other                                   I
!      !                                                                 l                         l                 caAh:ts ovethe icAn                              l     [

l i  ; j. . . . .. ........ .. . ...

                                                                                                                                                                  .l        t
!      l                                                                 l     Balance at          j          Amounts                      l     Amounts              l l      j                                                                 l     6eginning           l         Oebited to                    l   Credited to            l     ;

lLinej s Accoun t S Adivisions j of year l Account 410.1 l Account 411.1 l { lho.1 (a) l (b) l (c) l (d) l l

                                                                                                                                                                  .l        l l 1 lAt: m t 292                                                         l                        l                                        l                         }

[ l 2l Ele:tric l 82,046,354 l 26,502,642 l l l 3l 085 l l l l l 4i Otner (Oefine) l 410,026 l 73,811 l l l l l l- -

                                                                                                -l-                                    'l-                           l l 5i       TOT AL (inter Total of lines 2 thru 4)                       l           22.456,380 l                    26,576.453 l                                     l      r l 6i Other (Scecify)                                                     l                         l                                        l                         l f

l 7l Net 0;e'ating Loss Carryforward l (263,653,552)l (8,183)l l l Bl l l  ! l [ l l i.

                                                                                                .l.                                   .j.                        -l        t t

l 9 ! TCTAL accru t 252 (tater total o' lines 5 t % 8) a l (186.227,C2)l :t,'t'.270 l l l  ! jussuassesasiasessajsavsess: as=2:mais e?asteus== ss aess aasl } 10 !Cl us'8$:3! On o' ?OTAL j l l l  ! l 11 i Fcde a; Ircome fan l ( 184,22 7,6 72 ) l 26,5tB,270 l { l 12 l State inc M e tan g l l l l 13 l Lo:al la: Orae f aa l l l l

j. . . . .

                                                                                                                                                                ..l        ;

l l NOTis l I t I J i I l t I i I l l !N0?e: L'ae A: 4: Ca% ins Tan Semefit Sale Oo' erred l t I I I i l i I l l l l l l l 1 I' I I 1

                                                                                                                                                                            ?

I l l I I I  ! I i j l I I f I I l l l l 1 I l l 1 l l l ' t I  ; I I I l i i Page 274 G! t P t P

l, i i PultlC titvitt ComPANT Of htW PA#1Njit Cet. si 1999 e An Originot j ACCUMVLAf tp 0(f ttt(0 thCOMt TAall.01 pit 880f'Itti ( Account Ill) (Contthutd) f

     ... ..... ..................... ....... .......................................... .......... . .... . .. .... . .. .....                                                                                                         _j inct.de a%1 ded4tions.                                                                                                    3. Use segearate pages as Ptquited.                                                                       I I

l

     .o...........................                                                         . ...................................................... ............................ . .

l CPAhCll DValhG YIAR l ADJVl1Mihil l l l g.................................. ..# ......... ...........................................' ...j l l g l A w ls i Amounts j O t t>l t s l Ctedit6 l l l  ; l DeMied to I Credited to la*'aaa"""""a""*'"'++"""*""*"**+"] $0tante et l l l l account A10.2 l Account 611.) l Acct, no. j Amunt l Arct. no. l A %unt { (nd of veer l tine l  ; I (e) I (f) l (9) - l (b) l (1) I (j) l D) l4o.l l i q..... . 4....................................................................................................... .......g  : i i l l I l l I i 11 -l l < ras,912)l 1 l t 263 1 6.131.600 i 103,633,666I il [ I I I I l i I l 3I i l i l i l l 1 'es,e3ri 6l l

    ;.................l..................;.............l...............;............,...............;................l                                                                                                         ;          j 1                                                        I                                   l                   l                  l                l                              l         104.117.321 1 5i                        j
  .I                                                         I                                   I                   I-                 1                I                              I                           1 6i I                      tt,o&7.a19l                                                           ]                   l                  l                l                              l       ( t re,545.196 )I         7I I                                                        I                                   I                   I                  I                1                              1                           I     el

i. . . ........ .l..................l.............g...............g.............l.... . ..... ..g. .

                                                                                                                                                                                                      .. ..... l              1 I                      v'.263.927l                                                           l                   l                  l                l         6,131,600 I                    n6.sr6,t?Sil eI r

j..................l..................l.............l...............l.............]...............i................; l I i 1 8 i i i i 10 t j l 97,263.92f l 1 l l 1 6.131,600 I (66.516,t?!)l 11 l l l l l l l 1 I l $2 1  !

 - l-                                                       1                                    1                   l                  l                l                              l                           i OI                l J....               ............ ...... ... ....................... ........ .............                                                       .. ... .. ...... .. .. .. . . ..... .                                 ...l I                                                                                                                40f fl (Coet inwrJ)                                                                                      l
 -l                                                                                                                                                                                                                           1 I                                                                                                                                                                                                                          l I                                                                                                                                                                                                                          l         !

l metet-rg)(h) sectessification of Deterred f a.es es,cciated with r ..eltwtions in Ala of Construction l l l I i

 -1                                                                                                                                                                                                                          l          !

h l- I  ; I I i i 1

                                                                                                                                                                                                                                        }  ,

l 1 , I I i l I i i - l i l \ I I r

   !                                                                                                                                                                                                                        I           i If                                                                                                                                                                                                                       (

I i

      .. ............... ..... .. ....... ....... .... .. ..... ....... ....                                                                      , ...... .. .... . .... .                               .   ..                        r Page 215                                                                                                    t F

L h I Y

       . ~ . . _ , _ _ _ - . . . _ . , _ _ ~ _ . _ - . _ _ . . . . _ . - _ _ _ _ . _ . . -                                                                      - _ _ . . , _ _ . ~ , - , - . . - - , , _ .

PUBLit stivitt C;nrant of htw kwsplit tec. 31, 1993 an original atCUMJLattD (filatID lhtter 1 Ants.ctett ( Accrunt 283)

1. topor t tr.e inf errristion cet ted f or telew conc erning the re. 2. f or other ( Stec i f,1, inc iate de f er r a t s r el a t ing t o c ther spordor t 's acc ort ing f or def er red inc ore t ones relat ing t o t nc me ord ceda t ions.

omort s rec orded in accort 283. .. ... . .. . I l l l taak.ts cuninc itse l l l  ; satance et i.. ............. . .

                                                                                                                                                                                                                                                                                                                                                                        .i l                   l                                                                                                                                                                                                                                        l        Beginning              Kirort s D eb i t ed t o I a mur t s t r eci t ed t o l Itine !                                                                                         Acco#t sstoivisions                                                                                                                                          l         of veer               l Ac c ount 410.1             l  accesnt 411.1               I lwo.l                                                                                                                               (a)                                                                                                                      *             (t)               l          (c)                I          td>                 l l.. .. . .. .... .............. ...... . .................... ..... . ...... ...... ........
                                                                                                                                                                                                                                                                                                                                                                        .l t 1 pceert it!                                                                                                                                                                                                                                               l                               l                             l                              l l 2l tiectrict                                                                                                                                                                                                                                               l                               l                             l                              l l 3l teverred taccam. Ef fect ce c*aase in accis wethodoleer l                                                                                                                                                                                                            96,c56,360l                                      l                              l l 4l teferred tai on 6:+ese siin riecured intere.t I.rensel                                                                                                                                                                                                               93,66s,c31 l                                     l                              l l 5l                             te r erred tan on teatrech unit i aeser.,                                                                                                                                                                                   l          (64,212,476)l                                      l                              l l 6l te f erres tas on Ocerating irsecu ed                                                                                                                     r Interest f orense                                                                           l                            0l           (15.149,904)l                                      l l 7l Oef er rtd tse en seabrock UM t il E spencitures                                                                                                                                                                                                        l                  732,9t>6 l                                 l                              l l 01 Otrer                                                                                                                                                                                                                                                   l            58,426,111 l                 (10,7C6,$23)!                                      l l                  i                                                                                                                                                                                                                                         j.         .         . .
                                                                                                                                                                                                                                                                                                           .l.  . ..      ..              .p               .
                                                                                                                                                                                                                                                                                                                                                                        .i l 9l                                     TCtal tiestric (total of tines 3 thru t)                                                                                                                                                                            [          iB6,611,5h j                   (25.85%,697)]                                      l l                   l                                                                                                                                                                                                                                         l.        .. .             .

l. .

                                                                                                                                                                                                                                                                                                                                        ..l.        .
                                                                                                                                                                                                                                                                                                                                                                        .l l 10 I cas                                                                                                                                                                                                                                                    !                              I                              I                              I i 11 i                                                                                                                                                                                                                                                        I                               l                             l                              I 1 12 I                                                                                                                                                                                                                                                        I                              I                              I                              l i 13 I 1 14 I I

I I i I l I I h l il I i l 1 I i 16 I cener l l l l l l

                                                                                                                                                                                                                                                                                                                                          .t.                           .j l 1r I                                    totat cas (total of lines 11 torv 16)                                                                                                                                                                               i                              l                              l                              l l                  l                                                                                                                                                                                                                                          ;.     .         .
                                                                                                                                                                                                                                                                                                                                        ..l..         .
                                                                                                                                                                                                                                                                                                                                                                        .i l 1e l cteer (specifr)                                                                                                                                                                                                                                        l                              l                              l                              1 l                  t                                                                                                                                                                                                                                          j..              .      .
                                                                                                                                                                                                                                                                                                           .l.....      . ... .
                                                                                                                                                                                                                                                                                                                                          .l.                       .
                                                                                                                                                                                                                                                                                                                                                                        .i l 19 l                                    Totat (account 2s3) ttne r tetat of ti> >s 9.1r                                                                                                                                                                     l                              l                              l                              l l                  l                              and 1s)                                                                                                                                                                                                     l           It.6,471,s n I                (2s,ess,e97)l                                      l l                   l                                                                                                                                                                                                                                         1.,................i...................l,...................t I                   I                                                                                                                                                                                                                                         I                              I                              I                              i l20lClassificatic.neltotal                                                                                                                                                                                                                                    l                              l                              l                              l l 21 [ federat ineme tan                                                                                                                                                                                                                                      l          186,471,594 l                  (25,855,697)l                                      l l 22 l State Income tan                                                                                                                                                                                                                                       l                              l                              l                              l l 23 l t oc a t ineve vaa                                                                                                                                                                                                                                     l                              l                              l                              1
                                                                                                                                                                                                                                                                                                                                                                       ..t l                   l                                                                                                                                                                                                     h0tts                                                                                                                            l l                   l                                                                                                                                                                                                                                                                                                                                      l 1                                                                                                                                                                                                                                                                                                                                                          I

, I I I I i l i i I I I I I I i !  ! I I A

               ..                                    . . ..                                                                                ..                                  .                                                                                               .                                                           .                                W Fage 276 l

F i PUBLIC $ttvlC! hmPAbf Of h(W half'lullt tec. 31, 1990 An Origirsal

           .. ............. ............................................................... +.....~............ .................                                                                                                                                        ,

ACCUM441tD Cliitt!D 14C>t TAstl Oleta ( Account 283) (Conttrued) I

3. Provik in the space tetos esplanations f or geges 276 ard urcer other.

277, include an.:unts relating to insignificant iteaa listed 6 Use ses. orate pages as teovired. < l CHAh0tl DVilkG flat l AD.tulimt h t $ l l l i g....................................l......................................................) l l l l Amuntt l Annet s I febits l Credits l l l l Debited to I Credited to '+"**"l Balance at l l I Account 410.2 l Account 411.2 jl 'Acct.no.l

                                                              * * * " ' " ' " "Ano     * "mt" " I IAcct                                    " " ", n"o'. *l " * * ' Anuun It tre of veer                                                                                  {

lL irie l , I (t) i If) l (3) I (h) 1 (l) l (l) l (k) I40. l l j..... ............................ ............. ............. ......................... .......... ... .. .... ..... i l I l l I I I 1l  ! I I I I i l i 1 21 , I ($e,056,360)I I I I I i 01 3l  ! l (130. ns,s62)! l l l l l c36,evo.e31)I 61 ( l 197,139,177I i I i l i 132.926,703l $l . I I I I I 1 (15.168,906)I 6i  ; I (6,9.o.e26)I l l l l l (6.207,860)I 7i I ($9,ris,se4)I I rez l 4,131,6co I i I ( r. s67.146 H el

      ;... ... .... . ...;. ...............j                                                                                                                                                                                                                            l i..........l                                                                                         i..............l...               ...........;                             ;          ;

I (9t.s3s.735)l l l 4,131.600 l l 01 66.e11,962l 9I t

i. ... ... .. .....l.. . . .... ..

                                                 .I                         i...  ..........l                                                                                     i. .... ..        ......l.       .....              ...;                   i i                         l                  I                        I                                                            i                                        l                         l                                 I 'OI                    [

l i I I I I I I 11 I i l i i I I l I i 12I i l i i l l I l i 13 I I I I l l l l 1 i' I I I I I I i l i nI  ! I i i l i i l i 16 I i i..............l.................; j..............l j..... .. . .. ..j.. . . .

                                                                                                                                                                                                                                           .I                l I                        I                  I                         I                                                            I                                        I                        I                                 I tr I                    i l.................;................l                                  l.............;                                                                                       i..     ....
                                                                                                                                                                                                   .......l....

I I I I I I I I toI

j. ..............l.................l j...........l  ;.............;.. ... ....q f l

I I l l I I I i 19I I (97.935,735)I i l 6,131,600l 1 oI 66,an,oez l i 1..................l..................l l..............l j.........,......l.................q  ;  ; I I I I I I I I I i I I I I I I I I 20 i  ; I (97.935,735)I l l 6.131.600l l oI 66,su ,962 1 21 1 I I I I I i 1 1 22 1 < l ' l I I i f I I 23 1 l.. . . .................... ...... ..... ... ...... . .. .. . . .......... .. . . ... ....... . ...... ..; l 401tl (Continued) l l 1  ! {hetet (g) (h) Reclassification of Deferred f a.es associated with ;ontributions in Aid of Construction l I

• l I

I  ! I I f I t I I l i l > l ' I O Page 2Tr ke.t Page is 300 1 F b -,- -- - , - . , ~ - - - - - - , - , . - - - - . . - - .v.-.

898Ll0 1(tvlti CCedA47 Of htW hA#esulti cec. 31, tirs0 en Origiral , ILECf tlC (f tt AfibG tivtwil ( Acccmt 400)

1. Report telc= c$ersting reverues f or each prescrited acccet, ters added. The everage rester of custumers wens ve trd maruf actured gas reverues in total, eversee of twelve figures at the close of each nonth.  !

2. Report rsrter of cust:cers, colues (f) s'd (g), m the te. 3. If increases or decreases f rm previous year (col.

slo of aeters, in tilitim te the rseiter of flat rate acccets; wens (c), (e), ard (g)), are not derived f rca previ. eacept t*st #ere seperate mter readings are pued f or t>it ting cusly reporte'd f f pures, s ept ain arty Irw ons ist ers t et in ruff.oses, ces custteer shtuld to cceted f or each gro@ of mea e f ootrete. l l l (fttaflhG ttvl%88 l l l l........... .......[ l l l j Amret f or l l Lit.el fille of Acccet l W art for Teer l Previous fear l l bo. l (e) l ( ti) l (c) l l......................................... . . . . .. ..... . .. . . ... .. . . .... ...

                                                                                                                                                                                   ..)

l 1l $ ales of tiectricity l l l l 2 l(440) tenidential lates l 258,557,254 l 241,977,027 l l 3 l(442) C:rrercial ord Irdustrial $stes l l l l 4 l Smstl (or Cerrercial) (see Instr. 4) l 120,567,024 l 11D.903,514l l 5l Large (pr trdustrial) (lee Instr. 4) I 214,470,551 l 190,873,187 l l 6 l(444) Public Street ord steway Lighting l 4,667,697 l 4,338,596l l 7 l(445) Other leles to Public Authorities l l l l 8 l(446) Isles to tellroads sed Astlwers l l l l 9 l(u8) Interder.artmental $stes l l l

                                                                                                                                       ,.[.     ..         . .. .

l l J. .......l l 10 l YOT AL lates to Ultimate Consu'ers l 598,262,526l 548,D72,324l l 11 l(447) tales for tesale l 75,335,770 l 5 7,898,4 76 l , l l l. ..

                                                                                                                                         .l..     .
                                                                                                                                                            .............)

l 12 l TOT AL lales of Electricisy l 673,598,296l 605,WO.600 l l 13 l (449.1) Provision for este tefunds I (29,006,W8)l l l l l. . .. ... . . .

                                                                                                                                        .l....           ...............l
 ,     14 l           TOT AL tevenue het of Provision f or tef ads                             l                    t.44,591,298 l                                 605,990.800l l 15 l                              Other Orerating teverues                                 l-          .
                                                                                                                                    ....l.        ..
                                                                                                                                                         .....+..~."..l l 16 l(450) Forf eited Discounts                                                             l                            340,792 l                                     397,414l l 17l(451)MiscellaneousServiceteverues                                                       l                         1,902,344 l                                   1,916,546l

, l 18 l(453) sales of water and water Power l l l l l 19 l(454) tent fr e Electric Preverty l 5,924,712 l 5,168,423j l 20 l(455) Iritardepartwentat tents l l  ? l 21 l(456) Other Electric levenues

• l 7,363,253 l 10,664,178l l 22l l l l I 23 I I I I I 24 I I l l l 25 l i. . . .... ..

                                                                                                                                     ..l.....               ..............l l 26 l               TOTAL Other C5erating sevenues                                         l                        15,531,101 l                                  18.146,561l l l           l                                                                               j..                         .......
                                                                                                                                        .l..           . . . . .       .. .
                                                                                                                                                                               ....l l 27 l               TOTAL tiectric Orerating sevenues                                      l                     660,122,399 l                                  624,137,341l l           i                                                                               j.........................l.........................l l l           I                                                                               I                                            I                                          I l l           i                                                                               I                                            l                                          l l           1                                                                               I                                            I                                          I

I I l l l i i . . . . . . .. . .. . . . .. . ... .

WOf t; (447) Sales f or Gesate (line 11) C5erating teu rues Amrit f or Previcus Year has teen 63 justed t'y 14,749,4 75 to reflect e rptiance with FtRC Order ht $29 regarding ta;lk power transactions. Page 300

PutLit Movitt ConPAst of htW e4MP528tt Dec. 31,1900 An Originet titCitit OP(LAtlhG etytWVil ( Accomt 400) (Centf rued)

4. Camercle'. 'nd truhaettlel 84 Lee, Accet 662, mer be s. See page 10s, Igortant Changes During Year, for Igortant steestfled accordirg to the boote of steestfleetten (lastl now territory added and leertent tote treteeste er decreases, or Commercist, and torpe er Ireoriell regularly used by 6. For linee 2, 6, s, and 6, see page 304 for emets retetleg the regendent if such boele of closelficellen le not pen. to wellied reverue ty accomte.

erotty greater than 1000 te of demand. (see Accet 64 of 7. Include wantered estee. Provide detalle of such estes in a the unifers Systes of Accomte. tyteln beels of cLessifl* footnote. cellen in a feetnote).

   ..........................................................................................................+................

l NEGAWAff Nauel 90LD l AvtLAct maatte Cul10Nitt Pit leautu l l l................................................................................................, 4............... l l l l Am e t for l l hta6ee for l l l Amoet for fear l Prevleue fear l uweer for fear l Previsue fear lLinel l (d) l (e) l (f) I (8) lNo.l l...........................................m...........................................................................l l l l l l 1l l 2,us,oteI r,439,oo I su,sroI sss,6ssl 2l l l l l l 3l l 1,209,05r l 1.n4,7251 49,6331 4s,153 1 4 l l r,695 su l 2,6st,ca i 1,2% l 1,rs: I sl l n,$10 l 22,s501 397 l 3911 6I I I  ! l l 7I I I I I I al l l l l l 9l l............................l............................l............................l............................l l 1 6,ree,9011 6,377,70sI sas,tu l us,661 I to l

  -I                        r,oss, sri l                        1,464,o97I                             ui                                          nl 11l i............................l............................l............................i............................l                                          l
  -- l                      s,sn.nz l                           7, art. sori                      sas,19 I                                 -sas,497l            *l 1                                    I                                  l                              l                                          l ul l...........................l............................l............................l............................l j

l 2,323,7221 7,821,602l 368.1s'l 383,497l 14l l......................u.................................. ..............................................................l 1 I q l- I l i I l ., .!

• Includes $(2,830,935) urtilted revenues. l l l l I I l l l 1 l l l l 1 I l i I I I l l I I

   -1                                                                                                                                                                l h0Til (447) Seles for Rosale (Line 11) Megewett houre told . Am e t for Prevleue Year het been adjusted by 165,975 to reflect comtlance with FitC Crder No. 529 regardity tutk power transactions.

Pese 301 ment Pope is 304

PVlitt $livlCf ( W att OF 6(w ha*85kl8E t ec . 31, 1N) An Origir.al . . . . . . . . ... ..... .. .. . . .. . . ... . . . .. .. ..+, . . . .. .....

                                                                        $All$ Of It[C18tClit St A &f f M(0VL f 5 1, t eger t te l es. fer each rete schette in ef f ect during the                                     ssch as a general residentist schedsLe eM an of f tieas mater year the eA cf elec tricity sold, reverise, tiersee riJter cf                                        restir*y sc 4 Lle), the entries in colan (d) fcr the agecial custones, everage se ser custcrer, et everage reve%e ger scheWie skcvid derete the drLication ir) tws ter of resorted suh, escluding cata f or teles f or tesale which is regerted                                         c ast xer s, on pages 310 311,                                                                                    4 16e overage rister of custarwrs should te the roter of

2. Prov4te a satteading erd total f or each prescrited oger. td l l s r e'oe r ed dar i ng t h e v e e r d i v i ckd t.y .he rsrter of bill.

eting rtien evacc a t i n t he s e9senc e f ol l owed i n l l ec t r i c ing sericds Aring the year (12 f f 4ll billings are swje Op3 rating teve%es," koge 301. If the sales under any rate eis t h l y ) . s c h e% t e a r e c l a s s i f i ed i n For e t e an one r e v e%e a c c oct , 5. f or any rete scFedu.e having a f uel adjusteret classe state List the rete sc4%le and sales data ursjer each a;olicable in a f ootnote the estineted elfit tonal reve%e billed gursuant reven ue acco#t s st# e ndi ng , thereto.

3. te e r e . k e s ace c us t ore r s a r e s e r ved wri$er asyr e t h en one 6. Besort amunt of urt filed reveme es of erd of tear for eeth rate sc* eMe in the sene re v enue ac c ount c l as s i f t c a t t un atolicotte reveme accomt sCeeding.

Average NJTer s@ Cf $4les ger l e v e.M tine h#t4' and title of Isle $chdle Wet $0ld lettnve Of (wit (rwr s CustY'e r $tr R A $0ld

40. , (6) (b) (c) (d) (e) (f) 1 lt: ilacet 2l' .

2,358.530 2 5 7, t.4 5,0 N. 33f,8?0 7,001 10.92 3 v e s : w ist 4  % yt>'#r tighting 3,150 B30,414 ( 6,1 W ) 505 26.36 5 u$ tes tottrot Iervice 1,339 81,756 (124! 10,Tv8 6.11

                                                                                                                                                                                                <+        .+ ...

6 . .. . . . . 7 tcts' est$ ntist 2,363,019 258.557,254 i 336,870 7,015 10.94 e . . ..j . . . . 9 C :rre r c i a l & I rvLs t r i a l 10 . . . 11 0 Ceneral Iervic e 1,197,203 112,154.413 49,633 24,121 9.87 12 WL Outdoct Lighting 14,045  ?,g;a,;!1 (6,293) 2,232 20.14 13 LCI . tens Contret service 153 1.267 (7) 21,857 6.06 14 f4 f r aasmission Service 1,4B4,562 113,0t2,657 105 14,13 8, t46 7.61 15 Special Agreemeat 1,016 160,548 l 1 1,016,000 15.f4 16 OV . ledsstrial Service 1,207,393 100,B71,109 l 1,150 1,049,907 d.35 17 . .

                                                                                                                      .l.           ..               ..           .          .                  ..... . ...

18 f et ,l C ome r c i al & I ndss t r i o t

• 9 % .372 135,037,575 l 50 t.39 76,723 8.58 19 . .. . . . . . . . . .

20 Nblic Street Lighting 21 . 22  % Outd w Lightir'g 22,51D 4,667,647 397 56,?00 20.74 23 .l. 24 l 25 [ 26 l 27 2S 29 30 Acte Farentber.es in Col. (d) i rd i c a t e duf t t c a t e c us t ane r c our t s .h c h ar e ea c t uded ' rcrii t o t al s . 31 l l 32 l l 33 34 35

• 36l 37 l

    .$ 5 I, 39 40                 .         .             .        . ..                                                                           . . .                                 .                  . ....          .

41 fctal Billed 6,289,901 575,262,526 3M,156 16,205 9.51 42 l f e t al unt:t t l ed R ev. ($ee Instr. 6) . l 43 lf0fAL 6,289,901 598.262,526 3 M,156 16,205 9.51 O

                                                                                             ..ge m                                                                                  ,e.,    ,.ge ,. m

  ,._ . .- - - . .                     - . , . _ .             . - - . - ~ . _ ~ - - - . - - ~ - . . . . . _ . . _ . . . . _ . . -   . - ~ _ - - . -

I l a i r I t

                                                                                                                                                               )

t i i 1 e f. t 4 > 1 Hit Fact NAS $((N IW1! Nil 0NAlti (tff BLANK  !

                                                                                                                                                             .1 i
                                                                                                                                                               ?

r B O -f i t I f a! t e I t t l' i

                                                                                                                                                               )

{ v V 4-

                                                                                                                                                             .5
                                                                                                                                                              ,I
           .                                                                                                                                                 .I e                                                                                                                                                    !

I i s ., ,; , . I

                   - - . _ . _ _ _ _ .             ~;,__.._-_..-.-,.,,_._._..._....~,_..___..__..--...L._

PtCLIC sitV!Ct CWANY Of PLW hAMP5Hitt Osc. 31,1990 A tisdalssion

                                                       $Alts FOR R[ salt ( Acccmt 447)

1. Report all sales for resale (i.e. sales to gurchasers other ts/y erergency energy f run third parties to maintain de.

than ultimate cornwers) transacted to e settlement basis other liverles of L7 service). This category should not to used than power exchanges daring the year. Do not report exchanges of for long. term firm service which peets the definition of electricity (i.e. transactions involving a t4 Lancing of debits RQ service. For all transactions identifled as LF, provide and credits f or energy, capacity, etc.) and any settlemen's for in a footnote the termination date of the contract define.d intelwced enchanges on this schedule. Power exchanges sust te as the earliest date that either teer or stiler can unt. rerorted on the Purchased Power schedule (pages 326 327). Laterally get out of the contract.

2. Inter the tsane of the gurchaser in colwei (a). Lo not attre.

vlete or truncate the rene or use acronpns. Esplein in a foot. If.f or internediate term firm service. The sane as L7 ser. note any ownership Interest or of filiation the respordent has vice except that alnternediate term" neens Lteget than one t:lth the rvrchner, year tut less than five years.

3. In colwn (b), enter a statistical Classification Code based on the original contractual terms and corditions of the service U.for short term firm service. Use this category for at t as follows: firm services where the duration of each perited of ccernit.

nent fcr service is one year or less. RQ.f or requirenents service. Requirenents service is service which the seller plaris to provide on en ongoing basis (i.e. LU f or long. term service f ree e designated generating unit, the supplier incltdes projected load for this service in its "Long. term" neens five years or longer. The availability system resource planning). In eMition, the reliability of and reliability of service, aside frca transmission con-requirenents service nust Le the sene as, or secord only to, straints, cust match the availability and rellebility of the splier's service to f u own ultimate conswers, the designated unit. LF*for long term service. "Long term" means five years or IV.f or internediate term service f rca e designated genere-Longer and " firm a means that service cannot te interrupted ting unit. The sene as LU service except that alnternedi. for ecorgele reasons ord is interded to remain reliable even ete. term" neans longer than one year lut less than five under adverse corditions (e.g. the supplier cust ettemt to years. Actual Demard (MW) None of cut 4ny FEPC tate Average Average Average or Public Authority Statistical Schedule or Monthly Billing Monthly Monthly Liro (footnote Affiliations) Classification 1eriff kwtier temand (MW) kCP Demand CP Demand to. (e) (b) Note 1 (c) (d) (e) hote 2 (f) 1 Cittrens' Utilities Ro 110 0.5 0.2 0.2 Electric tunpany 2 Town of Ashtard, kh Ro 28 4.0 3.0 4.0 3 Town of New Hanoton, kN RQ  ?? 0.6 0.4 0.4 4 lown of Wolfeboro, NH Ro 72 9.0 8.0 7.0 5 New Hemshire Electric Ro 50 41.0 72.0 67.0 Cooperative, inc. 6 hew Hamshire Electric EQ 71 16.0 23.0 22.0 Cooperative, Inc. 7 New Hanoshire Electric RQ 131 48.0 95.0 89.0 Cooperative, Inc. 8 subtotal . AG 9 Yersont Electric 'U 40 hA hA hA Power Corpany, Inc. 10 Central Mal e Power 05 116 W4 WA hA 11 Central Veracnt Pubtle OS 105 kA hA NA Service Corporation 12 Wortheast Utilities os 114 WA WA AA 1 13 Green Mountain Power Corp. OS 115 WA NA NA I 14 Wew England Power Ccreany 05 112 h4 NA hA Page 310

_ _ _ _ -~~ pVPLIC $tRVict CCMPANT Of NtW hAMP$NIRE Dec. 31, 1990 I A Resutalssion O _ .. . . . . .. .. . . . . . .. . . . ..................................................................................

                                                   . . . . . . . . . .in.colum     . . .(e),. and
                                                                                              . . the
                                                                                                   . .average
                                                                                                          . $ AL        [ $ F OR R E S AL E conthly coincident Feak (CP) 05.for other service. Use this category only for those services which cannot te placed in the above def fned               demard in colwn (f). For att other types of service, enter                >

categories, such as all non. firm service regerdless of hA in colums (d), (e) ard (f), Monthly WCP demard is the the length of the contract ard service frca designated maaleon metered hourly (60 minute Integration) demard in a units ef less than one year. Descrite the nature of the conth. Monthly CP demard is the Petered demard during the service in a footnote. hour (60. minute integration) In which the supptler's system reaches its conthly peak. Demard reported in colums (e) ard AD for out.of.reticd adjustnent. Use this code f or any (f) eust te in negawatts. Footnote any demard not stated on accou1 ting adjusinents or "true*ups" for servlce pro- a eegawatt basis ard explain, vided in prior reporting years. Provide an explanation 7. Report in colum (g) the negawatthours shown on bills ren. In a footncte for each adjastment, dered to the torchaser. ,

8. Report demard charges in colum (h), erntrgy charges in col. I

4. Group requitecents R0 sales together ard e* port them um (1), and the total of any other tnes of charges, inclu-f- (

stittlng at line ruter one. Af ter ilsting att RQ sales, Ing out of. period adjustnents, in colum (j). taptain in a .} l enter " Subtotal.RQ" in colum (a) the remaining sales f ootnote all corronents of the amount shown in colum (j). Re. t rey then te ilsted in any order. Inter "$ubtotal. hon Roa port in colum (k) the total charge shown on bills rerdered i in colum (a) af ter this listing. Enter mTotal" in colu1n to the gurchaser, j (a) as the last line of the schedule. Report subtotals 9. the data in colws (g) through (k) eust te subtotalled  ; ard total f or colums (g) through (k). based on the RQ/Non RO grouping (see instruction 4), ard then  !

5. In colum (c), identif y the FERC Rate $chedute or Tar. totalled on the test line of the schedule.1he " subtotal.RQ" -l If f Wunter. On separate lines, litt at t if RC rate sched. asount in colum (g) nust te reported as Requirenents $ates

                                                                                                                            $ubtotat.Non-RQ" amoun*   .{

ules or tariffs under which service, as identitled in for Resale(g)onmust page 3 colu1n (b), is provided. In colu1n te 401, line as reported 23.1he Won ".Requirteents $ ales f or i

6. For requirerents kQ sales and any type of service in. Resale on page 401, line 24 volving demard charges inposed on a conthly (or longer) 10. Footnote erdries as required ard provided emptanations basis, enter the average acnthly billing demand in colum following all required data.

(d), the average monthly non. coincident peak (NCP) demand REVENUE Megawatthours Denond Charges inergy Charges Other Charges Total (S) (S) ($) (h + 1 + J) Line O Sold (g) (5) (h) (l) (j) Note 3 (k) No. 1,5 75 40,680 59,162 8,201 108,043 1 22,877 393,330 792,028 6,614 1,191,972 2 2,655 49,500 93,442 3,601 146,743 3 52,605 819,525 1,819,327 15,379 2,654,231 4 193,872 3,697,868 7,713,457 851,207 -12,262,532 5 63,222 1,425,870 2,556,565 280,922 4,263,357 6 222,219 4,339,942 6,593,792 (875,640) 10,058,094 7 559,025 10,766,715 19,627,773 290,484 30,684,972 8 491,158 0 9,083,181 8,221,903 17,305,084 9 28,187 0 646,508 254,468 900,976 10 8,945 0 220,085 70,205 290,290 11 233,370 0 4,098,941 1,808,978 5,007,919 12 19,672 0 145,299 207.567 352,866 13 13,195 0 256,095 105,295 361,390 14 Page 311

i l DUBLIC $[Rvltt COMPANY Of blu HCr$ HIRE Dec. 31, 1990 A Resutnission j f sat [$ Foa R[$ALF ( Account 447) (Continued) Actual Demard (M.') Was of Cccpany f(RC Rate Average Average Average l or Public Authority Statistical $chedule or Monthly Billitig Monthly Monthly Liro (footnote Affiliations) Classification Tarif f ktrier Denard (MW) NCP Denerd CP Demard Wo. (a) (b) (c) (d) (e) (f) 15 New Ho v shire Electric Os 71 NA NA NA l Cocterative, Ire. l 16 Jaces River Corgration 0$ hote 4 h4 NA NA 17 Unitil Service Corporation LU hote 5 hA WA WA < 1 i 18 FitchhJeg Gas & Electric LU hote 5 WA kA WA 19 Northeast Utilities LU hete 5 kA NA NA (P$WN.WU $wsp) 20 Wortheast Utilities LU Wote 5 NA NA AA (Ull) 21 Citizens' Utilities LU wete 5 hA NA hA tiectric CcrTeny 22 Citizens' Utllities OS hote 5 AA kA WA Electric Cocpany 33 Northeast Utilities LU 105 hA WA WA 24 Subtotal . kon RQ 25 TOTAL 26 Note 1: Statistical Category of "0$" is designated for sales of sptem Kwer. 27 kote 2: DemaM at the time of ccrtir ed "Requirewnts services" reak. 29 Note 3: Detail of emounts shown in colmn (j): 29 Line 1 through Line 7: $238,644 Fuel Adjustnent Clause Revenue

                                                      $1,640 Custerer Charge 30
                                                   $290,484        Total 31                                               ........

32 Lines 9, 20 and 211 $$,346,903 Capacity Charges 33 Line 10 throush Line 14: $2,446,513 Energy Reservation Charges 34 Note 4: Non FERC jurisdictional contract. This contract is interruptible power sold to e non utility. 35 kote 5: As of the date of this repor t, there has not teen a itRC Rate Schedule Wmt er designated. 34 37 38 39 40 41 N ge 310a

PuttlC t(RylCE COMrANY Of htW HAMP$Nitt Dec. 31,1990 A Resutalssion

      ..............................................................................................................+...........
                                                $Al($ 704 RE$Att ( Account 447) (Contitwed)

(T . .......... ................................................................................................................ v trvLWUE Megswatthours. Demand Charges Energy Charges Other Charges total ($) Sold (5) (1) (1) (h

• I + J) tine (g) (h) (1) (j) (k) ho.

15,128 0 449,966 0 449,966 15 369 0 34,461 0 34,461 16 9,051 0 317,422 0 317,422 17

                        $,431                       0                   190,462                      0                  190,462     18 622,612                       0                17,366,972                      0               17,3t4,972      19 22,602                       0                   900,526                      0                  900,526     20 1,193                       0                    38,959                 41,667                   80,626     21 3,561                       0                    93,114                 B3,333                  176,447     22 322                       0                    15,391                      0                   15,391     23 1,474,796                       0                33,857,382             10,793,416              44,650,798      24 2,033,821              10,766,715                53,485,155             11,083,900              75,335,770      25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41
                                                                    .Fage 311e                                      Next Page is 320

PUBLIC itRvitt COMrAWT Of Wtd MAMr$NIRE l'ec. 31,1990 An Original Etttialt OrtRA110N AND MAlW11WAWCI (XI-thtts If the amount f or previous year is not derived f rom previously reported figvt es, esplein in footnotes. k Amaunt for Amunt icr Ling A c c ount Current fear Previous Year No. (a) (b) (c) 1 1. PDVta FRODuttl0N lxrthst$ 2 A. Steam Pewer Generation 3 Cyeration 4 (500) Operation $tgervision and Engineering 2,608,461 2,447,739 5 (501) fuel 147,3to,535 111,235,291 6 (502) $ team tapenses 2,539,715 2,f45,294

    ?    (503) $ team f rom Other Sources 8    (Less) (504) steam transferred cr.                                                                                 .                   -

9 (505) flectric tapenses 264,304 242,469 10 (506) Miscellaneous stene rower farentes 3,148,529 2,864,109 11 (507) Rents 2,004 85,573 12 TOTAL Operation (Inter Total of Lines 4 thru 11) 155,943,608 119,540,475 13 Maint enanc e 16 ($10) Maintenance sur+rvision and Engineering 3,737,252 3,062,011 15 (511) Maintenance of structures 1,018,500 667,091 16 (512) Mainterance of Bolter Plant 12,726,766 13,785,051 17 ($13) Malntenance of Electric Plant 10,?07,724 4,352,568 18 (514) Maintenance of Miscellaneous steam Flant 3,976,839 2,047,839 19 TOTAL Maintenance (Inter Total of Lines is thru 18) 31,667,081 23,914,560 20 total tcwer troduction rarenses. steam tower (Inter total of lines 12 and 19) 187,610,629 143,455,035 21 S. Nuclear Fower Generation 22 Cg4 ration 23 (517) Operation surervision and Engineering 4,617,245 364,506 26 ($18) fuel 13,193,651 1,199,741 25 ($19) Coolants and Vater 419,719 78,091 26 (520) steam f arenst's 2,030,710 171,361

  ??    (521) steam f rom other sources                                                                                     .

28 (Less) (522) steam fressferred cr. . 29 (523) Electric tapense: 179,011 81,158 30 (524) Miscellaneous Nuclear Power tarenses 7,997,397 (43,878 31 (525) Rents 16,616 16. 2 b8 9* TOTAL Operation (Enter Total of lines 23 thru 31) 28,454,349 2,577,023 3J Maint enanc e 36 (528) Maintenance supervision and Engineering 1,533,728 132,195 35 ($29) Maintenance of structures 358,537 59,512 36 (530) Maintenance of Reactor Plant EquiIment 1,279,932 279,458 37 (531) Mainterarte of Electric Plant 388.726 234,145 38 (532) Maintenance of Miscellaneous huclear Plant 633,335 38,241 39 TOT AL Maintenance (inter Total of lines 34 thru 30) 4,194,258 743,551 60 10iAL Power troduction tapenses Nuclear tower (Inter Total of l'nes 32 and 39) 32,648,607 3,3?0,5 74 41 C. Mydraulic Fewer ceneratico 42 Oporation 63 (533) Dperation turervision arci Ingineering 105,258 56,171 64 (536) Water for rower 93,419 168,152 45 (537) Mrdraulle tapenses 150,373 58,516 46 (538) tiectric tapenses 118,307 130,628 47 (539) Miscellaneous Hydraulic Power Generation Earenses 277,124 269,542 40 (540) tents 400 800 69 TOTAL Operation (Inter total of lines 43 thru 48) 744,831 723,809 t tage 3?O

PU LIC tisvltt CohPAuf of ttW eAmetult! Dec. 31, 1990 An original EllCTRIC DF O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Me:mt

                                                                                                                                                                                                                                                         . . f.or . . .Mount   . . iort R A f L ine                                                                                                             Account                                            Current fear          Previous fear ko.                                                                                                           (a)                                                     (b)                   (c) 50                                                                                      C. Wrdraulic Power Generation (Continued) 51                                Maintenance 52                                 (541) Maintenance Supervision and (ngineering                                                                                          90,026                99,979 53                                 (542) Maintenance of structurea                                                                                                      276,506               239,244 54                                 (543) Maintenance sf teservolts, Dane, and Waterways                                                                                 252,609               187,564
                                                                                     $$                                  (544) Malttenance of tiectric Plant                                                                                                  273,168               432,544 56                                  (545) Maintenance of miscellaneous Nrdraulic Plant                                                                                   140,069                 TT,511 57                                                                        10 fat Maintenance (Inter fetal of lines 52 thru $6)                                       1,032,598              1,036,668 58                                                                        TOTAL Power ProdJction tapenses.Mydraulle Power (Inter Total of lines 49 and 57)           l TT7,4I9             1,760 e
                                                                                                                                                                                                                                                   ...............        .......... 677    ....

59 0. Other Power Generation 60 05eration 61 (546) Operation Supervision and Engineering 74,871 69,769 62 (547) Fuet 281,505 1,255,367 63 (548) Ceneration Intenses 21.072 39,683 64 (549) Miscellaneous Other Po.er Cerwration (spenses 70,431 66. D40 65 (550) tents *

• 66 TOTAL C4* ration (Inter fetal of lines 61 thru 65) 447,685 1,433,859 67 Malntenance 68 (551) Maintenance Supervision ard Engineering T2,415 T5,812 69 ($52) Malmtenance of Structures 19,921 5.634 70 (553) Maintenance of Centrating and stectric Plant $50.646 5T3.609 71 ($54) Maintenance of Miscellaneous other Power Generation Plant 154,561 49,189 72 10f AL Maintenance (Inter total o' lines 68 thru T'1 197,743 704,244 73 TOTAL Power Production latenses 0ther Power (Inter Total of lines 66 and 72) 1,245,628 2,135,103 I ............... ...............

74 t. Other Power Supply tapenses T5 (555) Purchased Power 159,699,383 180,914,476 76 ($56) System Control and load Olspatching 2,109,231 2,686,654 TT (557) Other tapenses 46,405 47,071 78 10f AL Other Power Supply tapenses (Inter total of lines T5 thru 77) 162,855,019 183,648,185 79 101AL Power Production tapenses (inter total of linea 20, 40, 58, 73, and 78) 356,137,422 334.319,574 80 2. fpAN$m!$$10W tsPthlt$ 81 Operation 82 (560) operation supervision and Engineering 297,094 311,271 83 (561) Lead Olspatching . . 64 (562) station kapenses $30,T32 508,464 85 (563) overhead Lines tapenses 236.996 194,105 B6 ($64) Underground Lines tapenses 1,5 88 1, 065 BT (565) fransmission,of Electricity by others 5,733,859 5,500,176 B8 (566) Miscellaneous fransmission tapenses (7,439) (30,722) 89 ($67) Rente 6,C09,806 1,828,343 90 TOTAL operation (Inter fotst of lines 82 thru 89) 12,802,636 8,312,7D6 91 Maint enance - 92 (568) Maintenance supervision and Engineering 374,581 348,583 93 (569) Maintenance of structures 8,122 42,112 94 (570) Maintenance of station toutpment 1,615.225 1,360,640 95 (571) Maintenance of overhead Lines 1,438,898 1,263,591 96 (572) Maintenance of Underground tines 1,542 4, 684 97 (573) Maintenance of Miscettaneous fransmission Plant 9,481 2,178 98 TOTAL Maintenance (Inter Total of lines 02 thru 97) 3,447,849 3,022,185 99 TOTAL fransmission tapensen (inter Total of lines 90 and 98) 16,230,485 11,334,894 100 3. Ollit!8vitou ExPthsts O 101 102 Operation (580) Operation $apervision and Engineering 2,191,199 1,951,399 Page 321 _-m

PV8 tit lipWitt Cup *Akt Of blW k&MFlNI&E Dec. 31, 1970 an Orig n41 i (LtCftlC OrttA1]QN AhD MAltithinCI tlPth$t$ (Continued) Am. ant f c r As e t for L inJ Actuunt Current Year Previous Year ho, (a) (b) (c) 103 3. Disf aissflow tarthsts (Continwed) 1D4 (561) Lcad Olsretching *

• 105 (582) Station tapenses 235,761 182,575 ids (583) 0,er bead Line t arenses 466,259 2,223,330 107 ($b4) undergrosd Line tarenses 153,656 222,755 118 ($85) Street Lighting eriJ lignal lystem tagenses 124,487 113,567 109 (546) me ter f arenses 1,450,660 1,419,b42 110 (587) Custoner instat tations t spenses 154,096 333,165 III (584) alscellaneous tapenses 4,T20,443 4,2r9,758 112 (589) tents 201,901 175,680 113 total Dperetton (Inter Total of lines 102 thru 112) 9,928,282 10,912,271 114 ceintenance 115 (590) maintenerte $ctervision and Engineerirs 583,363 603,T21 116 (591) #aintenance of Structures 3,160 1,685 117 (592) maintenance of Station trylgrent 442,308 570,788 118 (593) maintenance of Overhead Lines 8,455,242 8,298,328 119 ($94) maintenance of Underground Lines 416,999 414,767 120 (595) Walntenance of Line transf orners 138,900 140,633 121 (596) Maintenance of Street Lighting and llenat lystems 126,136 89,228 112 (597) Walntenance of Meters 113,687 196,605 123 (598) reintenance of Miscellaneous Distribution Plant 80, t42 90,724 124 total Walntenance (inter Total of lines 11$ thru 123) 10,360,436 10,404,479 125 !OT AL Distribution firenses (Inter total of lines .13 and 124) 20,288,718 21,316,T50 126 4. CU$1;rit ACC3Uhfl f arthill 127 Operation 128 (901) Supervision 764,390 680,4 D6 r

129 (902) reter seasing tapenses ,8,571 1,993,960 130 (903) Cvstamer secords and Collection Estenses ',853 5, t41,4 79 131 (904) Oncot tectible Accounts .,w43,629 2,449,879 132 (905) alscettaneous Custoner Accounts tapenses 1,164,989 1,006,717 133 10t AL Custarer Accounts tirenses (inter total of lines 128 thru 132) 13,969,432 11,772,449 134 5. CU$fDMIR $ttvlCE AhD lbf D4 Mall 0hAL in'th5t$ 115 Opera tion 136 (907) Supervision *

• 137 (908) Custoner Assistance (spenses 366.516 266,979 138 (909) Inf ormational and Instructional tapenses 102 4,668 139 (910) Miscellaneous Custorer service and inf ormational Espenses ,50 431 j 110 TOT AL Cust. Service sad Inf ornational Esp. (Enter Total of lines 136 thru 139) 4A5,768 272,008 I 141 6. $Alts inFthst$

142 Operation 143 (911) Surervision 6T7,991 612,899 144 (912) Demonstrating and set ting tapenses 309,233 254,582

145 (913) Advertising f arensen 28,395 6,703 1 146 (916) Miscellaneous Sales tapenses 46e,025 389,543 147 TOTAL 1 ales tspenses (inter tetat of Lires 143 thru 146) 1,483,644 1.263,T27 148 7. A0mlkilfRAflit AhD OthtRAL tatthsts 149 C$eration 150 (920) astinistrative and cereret tataries 17,513,576 20,741,148 151 (921) Of fice supplies and Espenses 5,185,828 3,850,013 152 (Less) (9.T) Aaministrative tirenses f ransferred Credit 1,249,294 1,515,026 O

Fage 322

ICLit Stevitt C(BIPast of ttW MAMPJultt Dec. 31, 1990 An Originnt (Lttitit OPikAtl0h AhD MAlkithakCE tKPth$t$ (Conttrued) U .............................................................................................................................. Aeomt f or Am e t for Line Acc e t Current fear Previous tear

80. (a) (b) (c) ill 7. ADulhilfRAtivt Au0 CthtLAL f xPLhlt$ (Contfrued) 154 (923) Ntside Services teleyed 8,516,733 3,712.813 15$ (924) Property insurance 1,839,122 749,248 156 (925) injuries and Daneses 6,131,033 7,$40,647 157 (926) t wtoyee Pensions and Benefits 22,294,420 11,$80,751-158 (927) framhlse Gewirementa 32,940 66,201 159 (928) Regutetory Consnission (nonses 5.056,756 1,212,314 160 (929) p eticate Cherpes.Cr. (4,$91,946) (3,114,137) 161 (930.1) General Advertising tapenses 415,791 230,119 162 (930.2) Mlecettaneous General tapenses 1,205,399 1,780,M3 163 (931) Rente 6,258,865 5,7b4,603 164 total Operation (Inter total of lines 150 thru 163) 68,589,223 $2,536,317 161 Maintenance 166 (933) Maintenance of General Plant 1,959,107 1,598,922

67 TOTAL A ministrative and Generet tyenses (Inter total of lines 164 thru 166) 70,548,330 $4,135,239 168 TOTAL tiectric Operation and Maintenance tapenses (Inter total of lines 79, 99, 125, 133, 140, 147, and 167) 509,163,799 434,414,641 toftt ($55) Purchased Power (tine 75) for Previous f ear has teen adjusted by 64,749,471 to reflect comtlance with itet Order No. $29 regarding tutk power transactions.

tof te (921) of fice supplies and tspenses (ttne 1$1) and (923) Outside services tetored (line 154) for Previous Teer have toen edjusted by $(661,901) and 8(14,010,168) for Bankretcy Related Espenses elch were reclassified to Account 426.5 per AICPA Statement of Position 90 1 l Numett of tLtstt!C OtFARTMitt (MPL0f tt$ l

                                                                                                           .......................................................................................................................l l                                                                                                                                        l
                                                                                                    . l 1. The data on ruter of emtoyees should be reported f or the payrett period ending nearest 'o October 31, or any pay.l l       rett period ending 60 days before or af ter Octoter 31                                                                           l l 2. If the respondent's peyrott for the reporting period includes any special construction personnen, include such ee- l l       ployees on line 3, and show the roter of such speclet construction egloyees in a footnote.                                       l l 1. The ruter of ogloyees assignoble to the electric department from joint fmettons of containation utstitles may be l l       determined by estimate, on the besla of e g loyee ewivalents. Show the estimated ruter of e@lvatent omtoyees _ l l-     .attrituted to the electric department f ran joint functions.

l l .

                                                                                                                                                                 ..........................................................................l l                                                                                                                                        l l 1 Payrott Period Ended Decoater 31, 1990                                                                                               l l 2. Total Regular Futt.fime Egloyees                                                                           2,754                    l l 3. Totat Fart time arv:1 femorary twtoyees                                                                        12                   l

_l ....... . l l 4. Total f otoyees 2,766 l l ....... l mest Pa9e is 326 Page 323 l

i PVELIC $tavitt CowPant Cf HEW *AutINIRE Dec. 31, 1??O An Originat PutCPAlto P0 wit ( Acco nt $%) (Including po.er eactanges) l

1. tep:r t at t ee.er vchases Nde dsric g the r a ar. Atto report earliest date that either buyer or seller can unilater-enchanges of electricity (i.e. transactions tevelvirig a balanc- ally get ost of the contract, tag cf cetit s and credits f or energy, capacity, etc.) av3 any i settle +ents f or irtalanced enchanges. If fer interneditste term firm service, the same as Lf str-a means longer than one

2. tater the na'e cf the seller or other party in en enchange vice encept that "Internediate terrn l tra saction in column (6). to not abbreviate or truncate the year but less than five ytars.

any er um acrovs. Esplain in a f ootnote any ownership in- l terett or affiliation the resp W ent has with the seller, $f for short term firm service. Use this category fer all

3. In co! W (t:}. enter a Statistical Classification Code based firm services, where the duration of each period of coapit- I on the ceigiral c:atractual terms and conditions of the service ment for service is one year or less.

u 'eli:.*: LU for lcng term service from a desigaated generating unit.

        & f:r : v r ee t s f.e r vice. aed ire v nts gervice is service                        "Long. term" means five years or longer, fFe av.llability
        .,a ! c h 'ke wcM 'cr clans to prov ide on an ongoing basis (i .e.                     and reliabiltty of service, aside from trea$ mission con-t"e sved 'e' 4N!v!es projected Iced for this service in its                            straints, Nst thatch the availability and rell Abtllty of syst e re u s*ce cia"ni*g). In addition, the religbility of                             the designated Unit.

rehiremerts se' *'ce Nst be the se+e as, or second only to, t h e s sc# t e * 's s e rvice to its cwn pitimate contaners, lu.for intermediate

• term service f rom a designated genera-ting unit. f.e sane as LV service etcept t*at "internedi-(f fce leag tc*t se r v ice. "L ong t erm" *ieans fi ve years or ite term" means tcrger than one year but less than five t eap r and " fire" reans that service cannet be inter *upted years.

fa- cc o ceir rentas and is intenced to s enain reliable even under MveMe condit ions (e.g. the succt ler must at teart to in fer eschanges of electricity. Use this category for tsy c+ca gen y creegy from third parties to mair:tain del bera transactions involvir-) a talencirg ef debts and credits les cf (8 tervice). This category sbeuld not be vsed for fer energy, capacity, etc. a"d saw se'ttements ter im-(cog ter+ fir

• seryt(e .hich meets the definillon of kQ serv
• balanced e Achanges.

        !c e, I V Mt trVsa;tical identified as Lf, provide in a fcct*dte *e tCW eation date of the c0etract defir.ed 35 the                            OS f or other service. Use this categ0ry o y for thCse l         l                                         l                                                   l                             Ac twa t t e9M (WW)                        l l         ;                                         ;

I i l i  ! N0*: Of Co43ny l alte hcte 1* ffEC Rate l Average A,erage l Average

                      ;r ht lic Astbority            l $tatistical               Sche Lle of l Monthly Billing                     M J"t h l y        l        Mont h l y

('ne (I0cto:te AfIll1atlens] lClassifItation f e r i i I h #t>e r l Cemand hlP Ctmand j CP Demand l l ho (a) l (b) (c) l (0) (e) l (f) j

                                                                                                                                                                               ..l t l CZ*e:t i:/ fy4ce AtC*ic Pe.er                      LU                  FPC ho. 1                          4A               NA               l         h4               l 3rc.p 41 son                                                                                                                         l                          l 2     Mai^e YFe ce                                     LU                  fFC he. 1                          hA               44               l         h4               l l                                                                                                l 3 l Ve W nt VF6ee hatte&P Po.er               l        (U                  f[RC he I                          h4              h4               l          h4 l      C'"*et+P                           l                      l 4 l Vorice At W e tlCctrae Co4 8ny            j        (V            l f[RC 40, 3l                            h4              hA                          44 l

l l I l 5 l C:-* r u new t 6.btle vice l LU hate 3 ha hA ha { l 'erpv ation j t, j C.rnen uutein Po.er Corperation LU 4 te 3 ha hA h4 ! I 7 l hr treast utstities (Adjustments) AD 409 h4 64 h4 I 6 en t Ut ili t ies (Mont ville 86) tu hete 3 hA ha kA l l j 9 l kirPenst utilities (PSNu NV 5.ap) LU hote 3 h4 h4 h4 l l l 90 l bingara u? a.6 Po er Corporation 0$ 169 hA NA l ha l l 11 Cc-tral maine Pc.er LV kote 3 NA NA NA I i j l 12 l &" o "e e.as 1 [ t ec t ric os l Si hA N4 ha l j l Serr ation l l 13 l f;." ef Bra mtree tiectric Light LU hete 3 ha l h4 ha l l

• ec a r t ment i u 1 rew ea u.er & Light C$ 96 4A h4 h4 l t I Page 326 l

    - - ~ ~.-_~_                                              _-- -.                      --                                           -                             ..     -
                                                                                                                                                                                          ~ _ . - - - - - -

[ PygklC 5(RVICI COWaht CF htW ka*Plul#( tec. 31, 1970 an Original PVitkal!D PO=tt ( Actsunt 155) (Continued)  ! (Includirt pcotr enchangell

                      ..... .         . . . ..... ..........................                             4............................                .. ............ ...                   .. ....            . ...

services elch cannot be placed in te above defined cat- 6. #eport in colen (g) tre rega attbow's thewn en bills f epries, st.ch as att non firm service regardless af the rendered to the respondent. Beport in columt (b) and (t)  ! teyth cf the contract and tervice f rom designated units the mega.atthowel of power enchanges received ard tielly-of lett thei cee year. 0escribe the netwre of the service ered, used et the t>esis f or sett tteent. Do not report het in a fottncte. enchange.

7. Report demand charges in cote (j), energy charges in AS!er owt+cf

• period adjustment. Use this code f or any col e (k), and the total of any other types of chargts, a:cewating adjusteents or 'true wrs" f or service provided including owt of peric>d adjustnents, in cele (t). ta.

M priCP reporting years. Pr0wlde an esplanatl06 in a plain in a f cotnett alt ciec omentl of the amou n t th0wn in g 8Mtnote f or etch adjwstevt. colpri (t). Report in col #n (*) the 10144 charge 6hown t

h. la col e (C), identif y the f(tC este $ghedste 4,rter pr c,n tiitts received at settlement I?y the resDWfent. $0e f

                     % n. er, f or non f teC visdictirat settet, incia an                                                   pe.e tuba,es, report in coten a) t>e settinni s.                                            ;

opC*:p* late oesignation for the c0ntract. On seferate lines, %nt f er the ret recelf t Of energy. 10 mort energy est [ t i e t D '. 4 f( AC rate SchedWles, tarif f s er contract desIgna* delivered (P-an received, thter a hepative amount. j f t,ht j

                     ' ifs caer elch service, an identified in colen (b), is                                                $tttlenent amount (11 includes credits or charges other                                   -{

F ovided, than increments l generation tapenses, cr (2) escludes 6

5. roe "covere*ents 40 purchases and any type of service in* certain credits or charges covered t>y the agreement, pro-gImg deed charges imposed on a merithly (or torter) be- vide en esplanatory footnote, t i t, cete t$e monthly average billing dewa^d in coten (d), 8. the date in cctv- (g) t er Nge (*) Ns t t,e t c t a t t e1 tre average m^^tely non.ccincident peak (hCP) de*and in col + cn t*e last line of + sched.,te. M e total a w t in I um n te), the average monthly coincident peak (CP) demand in cole (g) rNst te r" tted as Nrthases ce tage 401, j ct e t'). f or al1 cther types of service, eater ha in cot

• Lir,e 10, the total a- "t in cet en ik) mu st be reported t p4 (d). (e) and (f). Monthly M P demand in the P'animum as tschenge acceived tage 401, (tne 12. The total e-  ?

                    +ct m d ' w ti (60 % te trtegratien) demand in a month,                                                 met m column ( t ) mt be reported at tac *aage Celly-                                       !

n^t M y :P & d is the metered demand d.eleg the mou r (10 c+ed on page 401, t ue 3. .{ We uterstien) in .M ch the u pptler's system reaches 9, Fo teste eatries u reW red a xt prevMe empt s*stient 7 4ts e tm , cc06 Ce and reported on eclWs (e) and (f) folic.ing att re u rc:' cata. ) Mt be upor ted in eclens (e) and (8) Nst be in mega.atta. 6 4:tute *av m and act strted on a regs.att basil and esplein. i i  ! FCbf R (GaaGt5 C05t/5tt1ttwikt Of e0wtR i O: l. l Mep.at t*vs l Pega stthours Nre w ee wegamettheses 4... ... ... . ..... .. ............... . .. ......... ... ~... .. temand the*get trergy Charges

                                                                                                                                                        *$ee hote 2*          l Other Charges lMtal () 4 k

• 1)

                                               }- eeceived                      Delivered                      (5)                     (8)                      ($)           lF let tle*ent (l)             tiee       $

(g) l (h) (l) (j) (6) (t)  : M) he.

• 3.. , . . .. ... .... . .. .. .... ... . . .. . ....... .... ... .., .

                                                                                                                                                                           .q..        . ..         .        .
                   -l               H 013                             0                          0                       0               St,Wi                .6D.O? I                  G,761,574                1i     k l                         I                           !         l   i
                     ,            2M G5                                0                         0                       0           1,033,166 1              6,912.7 0 }               3,0ts,067j               2l     t
                                               !                                                                                                    l                                                     i i            127.!$$                              0                         0                       0               ?93,961              5.2e2,t$$                 6.0)e,617                3 l

j. 5 ?. E.6 01 0 0! 539,748 - 4,=24.516 a,Ct4,264 4 i

                   .)                                                                                                                                                                                                   I i                  6?3                           0                          0                       0                24.635                 001,452                  532,0B7                5      l

[ 90 0 0 0 7.557 784,719 792,276 6 f 0 0 0 0 0 90,072 90,072 7 h I t L 6 .6% 7 0 0 0 1,915,092 0 1,9M.992 8 l

                     !              41,214                            0                          0                       0           1.480,065                             0            1.480,065                9 f

8.426 0 0 0 357.523 1,057,530 1,415,023 10 i 653 0 0 0 35.738 160,000 195,738 11  ! l _ 5,500 0 0 0 220,810 432 000 _6$2.810 12 i i 94 0 0 0 _5,476 100,000 205,476 13 .! i I 29.717 0 0 0 1,201,890 653.070 1.254.960 14 l

                                            .. . ..... , .. ....... .. ......... . .... . ....... . ..                                                                                                                 }

I Fage 327  ? I k h

                                 ._-                                                                                                                                                                                   i
 . . _ , ~ , _ . _ _ . . _ . - _ - _ . _ _ _ . _ _ - . _ _ _ _ _ , _ _ . _ _ _ _ . . . _ _ . _ _ __.

N0(lt llinJt( C'Pd&kT OF hfW >AMF-$ Mill (' e t . 31, 1970 An Origir.at PL BC& A!!D int 2 ( Attpant k$$) ( Clit t i Ntc) (thtluding W wer estbenge6)

                                              +                    ..                                               .      . .      ...      .   .     ...          .            .                           .... . ..            .

l l l At t val Dema'd (We') h er'+ t ' (cct+my f(AC 66te Aie' age Averale Average tt TA l lt AwltDrity $tstittit4l $ttedvlt cr Monthly $1lling >>mtbly poethly lLine pret*4te Aff6l16tior+) Clsstifttetion tarif f h.tter t ewd k P D evd (P tevd 40 (4) (h) (() (d) (t) (f) i$ 1 ht+'Ect31 Ltilitiet (IP & L) O$ htte ) b4 hA l hA l I l h l 10 j 0 + r r M ,rtain F:..et (t Nettloh O$ hete } hA 4A h4 F l l :IM()

      '? { D e g:' FrT C (itttrit (tr$bhy                                                                     ty                  $7                        44                          44                          ha l    'mit.

Servit e Otepretitn (U hSte ) h4 44 h4 ! l l l 19 s

                 *>    '   ;t fi rc r M6tti                                                                   Cl                  hete 4                    hA                          ha                          ha l           l l 20 l sit *tt #5 .er                   t' W r> tion                                                          C$                  hete 4                    ha                          hA                          AA l           l l 2i l fe" tee!               .c  *
                                        ** f.blit lervite                                                     0$                   ti)                      AA                          AA                          ha l           l          #;r0Fati t n l22l'.,*t':n*s'             _
                                 'nin P;.er C K'6tich l                                                     0$                  b;;te 3                   he                          h4                          O I           I                                                   I                                                                                                        i l 2) l           'O

• t N M t tlt'lities l ($ 249 h4 l ha ha l l I l l l 26 l".ce'*r v.ir- r*.e- l Cl l ?g g ha j ga j e,4 l

l l l l l l 25 l he. ( g: 3-9 re.ee ;c+rsaf j f;5 10 l ha j ha h*. l I l l 1 1 26 ! !Mett*-1 et I'*.er tr:,Lters  ;$ 4;te 4 4A l 44 l h4 I l l 27 l Cce?'al T at 0 .e' 05 k0te ) NA ha I h4 ctitities (Mtsc. Units) LV 2$9/321 ha n. A l h4 l25lu**enrt I l l2? 'tn ta s:th t:*:, h* tu hete 4 AA u l u I l { D ! Nea te r W it er scot j p ttt he. $$ AA 4A j g4 l A I l l l 31 ! l l  ! l I 32 l l l l 1 I I l i I 33 ! l } [ l l I i l l31 l l lMI 36 l l l 37 l l 1Mi i i DI I I l 40 l l 11 I i j 42 YMAL l g l I I I l y Page 326a

- - . _ ~ ~ . . . . - - . . . _ - - - - - - - - - . - - . ~ . . - . . . - - . - ~ . _ . - - , - . t PVltit t!#vlC! COMPAWT of h(W MAMPsnitt Dec. 31, 1990 An Origlest 1 PvtCaalED *pWit ( Account 5$5) (Contin..ed) j (locLWalog pe er enchanges) )

            . .. ................................................................ ............... .... .... ... ....... .............                                                             [
               . ...        . ...........................................................................                                      4............         ..................           I l                                   POWit (MCNAWCil                                               CD$f /Stif ttmitt Of P7*14                                                          f l                       ...............................                 ...................................... ........ ........ ........                                             l l rega.at thours           Jegawatthovre        pegsmattrowrs            temand Charget (nergy Charges                Other Charget total (j

• k
• I) }

l tw rchased Received Celivered (l) (l) (t) or $tttlement (l) Line i l (g) (h) (i) ( (k) (1) (m) he. [

p. .. . .... ............... ........ ...... ......J) ....... .............. .. ............ ................. ..... t 1 22,602 0 0 0 900,526 735,070 1,635,596 15 i

l 55,955 0 0 0 1,467,330 400,804 1,868,134 16 i I 14 0 0 0 2,593 143.297 145,890 17 l 110 0 0 0 6,134 31,500 37,634 18 i 120 0 0 0 6,600 0 6,600 10 t 14 464 0 0 0 30,333 0 30.333 20 8.215 0 0 0 248,935 22,020 270,955 21

                                                                                                                                                                                                .t 2,785                        0                      0                      0             93,855                     2.100                      95,955           22    !

r 56,960 0 0 0 1.990,825 263,565 2,244,690 23 t i

         -1               $4,835                         0                      0                      0       1,301.625                               0              1,301.625             24    :

a r I '6,400 0 0 0 $79,350 85,400 664,750 25

           =

[ 1 1,201.905 0 0 0 121,782.'75 10,6t6,770 132.449,545 26 I f 422 0 0 0 0 0 0 21

                                                                                                                                                                                                  }

129 0 0 0 8,574 4,304 12,878 2$ f l 68 0 0 0 5,84 7 119,007 124,854 20 b I i l 0 532.569 1,234.572 0 (16,558,336) (1.544,t31) (18,103,017) 30 s 1 i 31 I 32 l t- l

33 e

        'f                                                                                                                                                                                       i
        .i                                                                                                                                                                                  34

( l 3S 36 37 35 39 40

        .I                                                                                                                                                                                  41
           )

i 2.067.936 532,569 1,234,572 0 120.0B0.424 39,618.959 159,679,333 42 I Page 327a

1 1 i rec. 31, 1990 f ulL!C $t#vlCl CDMFAnf of bl ' *a*Plalti An Original Put: Malt 0 F0Wtt ( Accourt 555) (Continued) (inc t eding po.er enchanges)  ; l v;tti: Acte it $tatistical category "01" 16 designated on this f orm for all pu chases r of system pe=tr. A te 2: "Ot*er Charges" represent capacity charges encept as noted telcwi Line T c*.arges listed are f er a true up cf capac ety that ges charged dsring 1987 tine 30 . cearges listes are Interperled a3jwstnents. Note 31 as of the date of this report, there has not been a flat sete scredale hart >er cesignated. tote as a Ara fER jurisdictional contract, this contract is power purchased f rum an inder+ndent, non ut ilit y poetr producer. I I I I f i I i i i i I 1 l ' i I I I I l i I i i t I i l gg es,e see ,

Lws..-4 *.h u m A A-m _2 - w.- - -

                                                                                                       -.w-                                                   ---m       -- - . - -

f i-1 oG . I i i

                                                                                                                                                                                               )

{ \ 3l. I I I a l 4 ,? i _ i t i

        =9 r

6 t

                                                                                                                                                                                             .[

k t k

                                                                                                                                                                                            .I >

I t P D 4 I t I t t

                                                                                                                                                                                            - 4 t

t

                                                                                                                                                                                            .6
                                                                                                                                                                                              +

l

         .9                                                                                                                                                                                   .

i k i

                                                                                                                                                                                             -P
   . .. _.__.,_ _ __ _       _ _ _ _ . _ . _ _ ,         . . , . . , . . _ , . . _ . . , _ , . . . _ _ , _ _ , . . . _ _ . . . _ . , , . . . . ~ , _ _ . _ _ . _ , , . . .               -,,.

f

Iv6Llt t(IcVICE C WTAhi Of klW hAMf' Swill tec. 31, IMO An Or iptrial

     ..... . .. .... . ..                                                                                                                                                                                                                                  .          .                  ... .           . . . .. ..                .. .    .                , ..          ..          + . . ..... .

TR AktMilt icw 07 (LICtRIClf t f M O!HE Rf ( Account 456)

1. Report all tra,smission of electricity, i.e. n. heeling, provided note any ownership interest in or af filiation the restordent f or other electric utilities, coop +ratives, runicipalities, other tas with the 4ntities listed in coltanns (a), (b), or (c).

public author it i es, cpat i f ying f acilit ie s, ron tr adit ional ut ility 4. In colw o (d), enter a $tatistical Classificaticn ecHe suppl i e r s ard ul t i ma t e c us

• cce r s . t-ased on the origirial c c nt rac tuel t er ms ard c ardi t ions of

2. Use a separate line cf c!ata f or each distinct type of transuils- the service as icllows' sion service Irvolving the entitles listed in eclunos (a), (b), t f f or long term f irm t ratamiss t ran servic e, alc.ng term" 6rd (c). toc ans one y e a r o r l ong e r ud f i r m" the ens t h a t s e r v i c e

3. Report in celwn (a) the cccpany or $vbtle authority that paid c6nnet te interrtitted f or economic reasons ed is in-for the t ransmission service. Pepor t in colurn (b) the ccepany or terded to remalh reliable even urder edverse condi.

public authorit/ that tFe energy as receised f rom arvi in coltrn tions, for all transactions identified as if, provide (c) the cemny or Fublic outhority that the enet sy was deliver ed in a foetnote the termination date cf t he c ont r ac t c'e-to, trovide the f ull rwe of e ach tvpany er put>llc authority. [> o fir ed as the eartlest date that either tuyer er seller not a ttr e v i a t e or t r unc a t e natte or us e ac r onyins . ( s pl a i n i ri a f oo t - can unilatetally get out of tt e cont r ec t. Fayment I,y i ne' g y S ec t i s ed f r om incrgy Delivered 10 (f.vony or tutlic AutFc rit y) (C ompany or F ut l i c .uthcrity) (Ccepany er tut'lle Aut hc.r i t y) Statistical line (footnote Affiliations) (footncte afftllations) (f oc tnot e A f f ilist ic ns) Clessificatico ho. i (a) ( L') (c) (d) 1 E n t en ( cli s bn Conr ant C c"t r ol Pa ine h.e r Company kew (ngled Lower Cwony 05 t 2 Cyronwealth tiectric Cent r al Maine i ower Cmny n tw Ingt erd f ewer (wpeny e 05  ; 3 Messachusetts Panicipal Central Maine Fewer C onany Atw ingluxi f ewer Cerpany 05 Whclesale ( tec t r ic Cegony 4 Cent ral McInc F n er Cem; any Fublic Service of hew Central Paine N et C on; any IF bayshire

                        $                    Central Paine icwer Cvrony                                                                                                                                                                                            hille Service of Arw                             Central Maine Fo.et C mpany                                     Lf O'

M t."ph j r e 6 Vermont Yora ce huelear Tcwer Vermnt tarhe hut teer F c uer V e r mon t Yenkee Ferticipants C5 Corporat100 CorporatItn r 7 *aine tarAce Maine Yankee Maine tankee tarticipants 05 8 Cennecticut Light & Fewer Cerv,ecticut Tanlee Connec t ic ut t enk ee F or t ic ipt.nt s 05 9 New England Fe.er roct Acw England to.er Fcci Aew (nglard F o.er F cci 05 Fartici F ants farticirants 10 Cent ral Ma tt.e F e.er Correny hertheast Utilities C ent r al Mair,e t o.er (cmny 05 11 Acw Narrshire Electric Maine tankee kew Nrphire Electric es Ccorerative Cot;< r e t i ve 12 Citizen's Utilities Vermont E lec t ric re.cr Corpany Citizen's Utilities 00 13 Vi t t age of Jchnson, vermor t Nortteast Utilitics Village of Jchnun, Ver'rrnt C5 14 15 16 17 c ont inued c.n rye 3?!a Page 328

_ _ _ _ - . _ _ _ - m--__________ ____-. _ _ _ _ . t i  ! Dec. 31, 1990 PustlC $(RvlCE CCHPANY OF hIW NW5HiRt l. A Resutoission

   --                                                                  1 RAW $ MIS $10N OF IL(CTRIClif IDR O!Hf R$ ( Account 456) (Cmtitued)

O

                                                                                 .    . . . . . . . . ( .I nc i td i ng t r ans ac t i ons r e f e r r ed t o a s

• whe e l i ng") >

SF.f or short. term firm transmission service. Use this cat. Walter, Cn separate lines, (1st all f(RC rate schedules or egory for all firm services, where the cbration of each contract designations tsder which service, as identified in period of comitment for servke is less than one year. cultrn (d), is provided. . I 0$*for other transmission service. Use this category only 6. Report receipt ard delivery locations for att single con. for those services which cannot te placed in the above. tract path,

• point to point" transmission service. In coltrn defined categories, such as att r onfirm transmission (f), report the designation f or the sut$tation, or other ap* [

service, regardless of the tength of the contract pe. propriate identificatico for where enerer was received as t scribe the nature of the service in a footnote, stecifled in the contract. In contrn (g) report the designa. AD.for out.of.$eriod adjustaent. Use this ccde f or any ac. tion for the substation, or other arpropriate identification counting adjusteents or *true.ups* for service provicied for where energy was delivered as speelfled in the contract, in prior reporting years. Provide an explanation in a 7. Rerert in cotten (h) the ruter of regawatts of bliting footnote for each adjustnent. demard that is specified in the firm transmistico service .

5. In cettrn (e), Identify the itRC Rate Schedute or tariff contract. Demard reported in cotwn (h) rust te in negawatts.

                            ............................................................................................................................                           TRAW5ftR of thtRGY                        l f!RC Rate               Point of Receipt                    Point of Delivery                                   Billing     " " " " . " . " . " " ' " " " " " . " . ' . " " .

benard Megawatthours Megawstthours f Schedule or (Substation or (substation or Lire other Designation) Other Designation) (MW) Received Celivered [ tarif f War 6er (e) (f) (g) (h) (I) ()) ko.  !

                                                                                                                                                ...........    .....................      ..................... ....         j 837,685                   837,f.85 107 P17 Facilities at              Pit facilities at                                                  100                                                           1

[ Maine . W.H. Lerder W.H. . Mass, torder p V 25 209,423 2r 9,423 2 l 128 See as 1 Sane as 1 i 837,685 837,685 3 106 same as 1 $ ace as 1 100 f f Bolt Hitt substation 38 113,838 113,838 4 104 Bott Hill Substation Chatham, Milton, Chatham, Milton, 1 2,613  ?,613 5 i 104 Freedca, Effingham, freed % tifinoham, [ Wakefield, Danlet St. i Wakefield, Danlet St. Wentworth, Cambridge Wentwerth, Cambridge [ I i three Rivers, $cc.ble, . 1,642,1?0 1,642,120 6 } TPC #64 vernont Yankee ' Substation San @ Pond, fewksbury, Monadnock, Northfletd [ i three Rivers substation Scoble, $ardy Por4 - 1,367,607 1,362,607 7 [ FPC 460 f edsbury, Monadnock, t Maine

• W.H. border Worthfield, Webster filot, Maine . 106,695 106,695 8 L FPC #39 tewkstvry, Monadnock, Vernon l l

N/A N/A 9 f FPC #55 various various . P1F Facilities of 76 76 10 Won. firm Pff Facilities of 3 , tariff.First Wortheast Utilities Central Maine Power Rev. Vol.I ~ tunapee, Bridgewater, Sunarce, Bridgewater, 6 35,645 35,645 11 [ FPC #70 Ptpouth, Thornton, Ptivouth, Thornton, Webster, Derry, Rumey Webster, Derry, Rumey Northtrbertord, North Orthahrtard, North 4 140 140 12 Note 1 .' Stratford, Vest Stratfora, West Stewartstown Stewartstown j t

                                                                                                                    .                                        1                          0                           0  13    !

Won. firm . tariff.first i Rev. Vol.1 14 I 15 i 16 . continued on pago 3?9a 17 l

                            .................................................................. . ..............                                                            ... ........... .......................          9 Page 329                                                                                    ;
                                                                                                                                                                                                                            )
  . _ - . , . _ . , , - - . . . _ . , _ _ . - . . _                     m-,.._..          . _ _ . . _ .-- , , , , . , , _ . . - - . - _ _ , . ,

NBLIC $ttvitt (04ANV Of htW uvtwitt C>cc. 31, 1%0 An original 1R AmlS$1DN Of t' .CTR!Cl1T 70R Of hlRS ( Account 456) (Continued) (Incitdi a transactions ref erred to as ". heeling") Footncte any dered not stated en a riep.atts tasis asi te total charge shown on tillts rerdered to the entity listed plain, in cc twn (a). If no nonetary settlement was n.ede, enter

8. Report in retunns (i) and (j) the tota! re;awatthours re- zero ("0") in coltro (n). Provide a footnote e ntaining the ceived ard delivered. na t ur e o f t h e nceviche t a ry s e t t l ement , including the a"ovnt

9. In coluws (k ) tnrough (n), r epor t t he r ev enue enount s and tyre of energy er service rendered, as shown on t: ills or vouc hers. In ccitro (k), provide rev- 10. Frevide tetal nreunts in cctwns (t) through (n) as the trues f rom demaNf charges related to the billing dema d re- Last line. Inter "10f AL" in coltrn (a) as the last line. 1he por t ed in c oltrn (h ). In celtrn (1), provide revenues f rcan total amounts in ecltrns (i) and (j) nost be *epu tec as energy charges related to the accunt of energr transf e* red. Transmission Received and Cet isered on rage 401, lines 16 in (clunn (m), orovide the total revenues frce all other ard 17, respectively.

charges on bills or vouchers rerdered, including out of pe- 11. Footnote entries erd provide taplanations f cllt.ing all ricd adjustnents. E splain in a f ootrwte all ccqc ots cf r eqst red dat a, the amunt shcwn in colwn (m). Rep;:r t in coltrn (n) the REVENL'E PKM IF AW!!$1M OF (licit!C11Y 70R OthfRS t trew nd Charges Energy Chorges Other Charges total tevenues (1) Llhe (1) (1) ($) (A 4 1 + m) No. (k) (l) ( tr ) i .n) I 9 E 5,6!. 7 0 0 9E5,647 2 4?7,500 0 0 4??,500 3 451,917 0 0 451,917 4 354,372 0 0 354,6;2 5 5,P24 0 0 5,!:4 l l 760,353 0 0 760,363 ( 6 l l l 7 1,C49,C19 0 0 1,099,819 1 ( I l 8 165,C'8 0 0 165, CPS 9 (7B,136 0 0 698,136 10 44,637 0 0 44,t39 11 15,176 0 0 15,176 l t 12 59,023 0 0 5?,023 342 0 0 342 13 1 16 17 ccntinued on page 33Ca lage 330

j _ _= .: . . _ _ - .. , .

~                                                                                                                                                             ,

I i I 't l I, l 4 i i 4 l i 6 J I' I THis Pact HAs ettN INttN110NALLY ltff BLANK l i i

                                                                                                                                                          -I ,

1 0 I s P 1 E r l J. l

                                                                                                                                                          'k i

+

                                                                                                                                                             +

i I

                                                                                                                                                             )

f t a V** e-+ te wr*" "m e-eT w e 'w-w t " mr + v "r T

• ru f 7+ e " e w "w p*< wv *w9 v m m ,s --e-+ v- + +"*e -*'-~'w-~~~------- " ^
• s PUBLIC 5(RVIC[ CONr ANY Of kUJ HAMPsMilt Dec. 31, 1 W b A Resutaltslon TRAWSMllSION OF [LECTRICITY FOR OTHIRS (Account 456)

(inettding transactions referred to es *wheellrg") Paynent By trergy Received frces Energy Delivered to (Ccepony or Public Authority) (Cccpany or Public Authority) (Ccrpany or Public Authority) Stettstical Line (f ootnote Af filiations) (f ootmte Af filisticos) (footnote Affiliations) Classification No. (a) (b) (c) (d) Vermunt Electric Power Ctryeny 05 18 Vereont Electric Pcwer Cccpany Public Service of kew Neapshire New Englerd Power Ccepeny Central reine Power Cccpany New [nglerd Power Ccepony 05 19 20 Unitil service Corporation verlous Utilities Unitil service Corporation LP 21 Unitil Service Cor;cretion Vertove Utilities Unitfl Service Corporation LF 22 Down test, Limited Partnership Centret Melee Power Cecpany New Englerd Power Ccepany LT 23 rontock Hydro, limited F'ontock Hydro kew Englerd Power Ccepany LF Partneethlp 24 t$ 26 27 28 29 30 31 32 33 34 35 36 37

      ;f0TAL                                                                                                                            l Page 32Ba fl

I f PUBLIC $tkVICE CCMPAWT Of htW HAMP$Nitt Dec. 31,199(  ! A Resutnission i

     .......................................................................           ...................................................       [

f tAWSMis$10N OF (LEC1RIC11T 10R 01HERS (Account 456) (Continued) l (inclu:f tng transactions referred to as " wheeling") I TRAWlFER Of INIRGY f ftRC kete Point of Receipt Point of Delivery tilling " " " " " * " . " . " " " " " " " " " " " " - ($ubstation or DemnM Megewetthours Megawatthours I schedule or (Substation or Tarif f Water Other Designation) Other Designation) (M'w) Received Delivered line  ! (e) (f) (g) (h) (1) (j) 60. l

       ............. .......................     ....................... ...........     .....................   ..................... ....      j Won firm      tittleton Substation       $t. .ichnsbury              No demnM                    230,972                 230.972   18     ,

tselff first tutstet t on Rev Vol.1 PTF facilities of P1F Facilities of 20 87 8? 19 i Won firm ' tarlff first Maine a W.H. Lorder New EngleM Power tev. Vol.1 , Carvins, Concord Steam, carvins, Concord stese, varies 4$6,239 456,239 20 123 tower Penacook, Uger Lower Penacook, Ugger Penacook, Briar Hydro, Penacock, Srlar Hydro, Hollis Hollis 124 culnea Road, Kingston,- Guinea Road, Kingston, verles 474,808 474,808 21 flater $wamp, Danville finder $wacp, Danville 122 PFI facilities at Pit faellities of 23 108,619 108,619 22 Maine

• W.H. border New England Power 6

117 Pontook Substation Pif facilities of 11 71,049 71,049 23 New England Power 24 25 y i 1 26

                                                                                                                                                 )

27 28 29 30 31 32 33 34 35 36 37 6,490,301 6,490,301 Page 329a

PL*LIC $tRVlti CCNPAWV Of CEtt HAMP5 HIRE tiec. 31, 19?0 A Resutratssion TRAkSMl%$10W 0F ((EtikirliY FOR Of NtR$ s' Accomt 456) (Continued) (inclu:fing transections referred to as awbeelinga) REVtWUE FRCH 1RAktMitSl0N OF ILtCTRIClif $0R OTHER$ Der.ard Charges Energy Charges Other Charges total Revenues ($) LitD (l) (1) ($) (k + l + m) No. (L) (t) (m) (n) 18 24,562 0 0 24,362 19 31,133 0 0 31,133 20 2,158,442 0 0 2,158,442 21 2,246,$32 0 0 2,240.532 23 390, M B 0 0 390, t.48 i 23 206,814 0 0 206,814 24 25 26 2F 2R 29 30 31 > 32 33 l 34 l 35 l 36 l l 37 l 10,126,297 0 0 10,126,297 Page 330a l i

_. .. _ _ . . , m - - ..m._ _ _..m .=..m .__m. __ _ . . _ . _ ._. __ . _ . . _ _ _ _ .._ . . l PUBLIC SERVICE COMPANY OF NEW HAMP$ MIRE Dec. 31, 1990 I~ \ A Resubmission . k-l_ ........................................................................................................................... TRANSMi$$10N OF ELECTRICITY FDR OTHERS (Account 456) i (including transactions referred to as wheeling ..

         ............................................................................".........")...................................

Not 1 1:_ As of the date of this report, there has not been A FERC Rate Schedule Nurber designated. l f f Other Notes i

              'Os' designates long term non firm service : Page 328, lines 1,2,3,6,7,5,9,11, and 12                                                              ;

Page 328a, tine it j

              '0S' designates sicrt term non firm service: Page 328, tines 10 and 13                                                                             :

Page 32Sa, line 19 l Long term contract dura.lons: ' Page 328, tines 4 and 5 2 year notice Page 328a, lines 20 end 21 6 year notice Page 328a, line 22 + 30 days written notice Papa 32Sa, line 23 expires July 26, 2000  ; r Lines 6, 7, 8, and 9 are trar.smission funds. Transmission is provided for att shareholders t et the units, There is no demand calculated for these f unds, I s i h I

\.                                                                                                                                                              i.

i I e i P I 4 f r P r

                                                                                                                                                                +

r f Page 330b Next Page is 332 t t

                                                ~                       -                                            -                      rq4.-,     .m.

l i PUBLIC SERV!CE COMANY OF NEW HAMFSHIRE Dec. 31, 1990 An Original TR AN! MIS $10N Of ILECTRICllY B1 OtaERS (Account 365) (including transactions referred to es " wheeling")

1. hport all transmission, i.e. wheellrg, of electricity rerdered to the respordent, including any out of period ad-provided to respondent by other electric utilities, cocper- justments. E xplairs in a footnote all componei.ts of the amount stives, fronicipalities, or other public authorities coring shown in coluan (f). Report in colmn (g) the total charge the yecr. shown on bills rerdered to the respondent. If no monetary

2. In colunn (a) report each company or public at that settlement was made, enter zero ("0") in colum (g). Frovide providad transmission strvice. Frovide the full i u ci he a footnote explaining the nature of the nonnonetary settle-corrpany; abbreviate if M essary, but do not truret" 4 # or ment, including the amount eM type of energy or ser- ice use acronyms. Explain in e footnote any ownership ,a est in rendered, or afilliation with the transmission service provider. 6. Enter "f 0 TAP in column (a) as the last line. Provide a

3. Provide in column (a) subheadings and classif y transmis- total amount in columns (b) through (g) as the last line.

slon service purchased f rom other utilities as: " Delivered Energy provided by the respondent f or the wheeler's trans-Power to Vheeler" er " Received Power f rom Weeler". mission losses should te reported on the Electric Energy Ac-

4. Report in colunns (b) and (c) the total mega atthours re- count, page 401. If the respondent received power from the ceived and delivered by the provider of the transmission ser- wheeler, energy provided to account for losses should be vico. reported on line 19. Transmission By Others Lestes, on page

5. In columns (d) through (g), report e gentes as shewn on 401. Otherwise, lesses should be reported on line 27, Total bills or vouchers rendered to the respondent. In colum (d), Energy losses, page 401.

provide demand charges. In coturn (e), provide energy charges 7. Footnote entefes and provide explanations following all related to the amount of energy transf erred in colu n (f), required data, provide the total of all other charges on bills or vouchers TRANSFER 0. ENERCY EXPENSES FOR TRANSMIS$10N Of ELECTRICITY BY OThERS Name of Company - - - -- - - - -- - - --- --- - -~ ~ ~ - - - or Public Authority Megawatthours Megawatt M rs Demnd Charges Energy Charges Other Charges Total Cost of line (Footnote Af filiations) Received Celivered (1, ($) ($) Transmission ($) No. (a) (b) (c) (d) (e) (f) (g) i Received Fewer frc-m Vheeter 1 ver e Yankee Nuclear 129,858 133,325 0 0 133,325 F m r Corporation 2 Maine Yankee 217,551 279,487 0 269,525 549,072 3 Conn. Light & Power $7,013 0 (4',323) 48,987 91,310j 4 New England Pcwer Co. 57,646 91,489 0 0 91,489 3 Northeast Utilities (6,245 1,294,097 0 2,228,651 3,522,748 6 Consolidated Edison Co. 35,217 778,430 0 0 773,430 7 Creen Mountain Po.er 55,955 324,471 0 169,774 494,265 Cerporation e 8 New England Power Pcol 283,790 322,628 0 0 322,628 9 Maine Electric Power Corrpany, Inc.

• 0 0 29,429 29,429 10 Central Maine Power Cc. O O (236,514) (236,514) 11 12 13 14 15 16 10TAL 905,5C5 3,315,257 0l 2,418.602 5,733,859 NOTES: "Other Charges" on lines 5 and 7 are tie line adjustments.

                "Other Charges" en lines 2,3 and 9 are adjustments for 19S7.
                "Other Charges" cn line 10 are charges bocked to account 565 rather than to account 456.

Page 332 Neat Page is 335

                                                                                                                                                  . _ _ .                                      _____---__-__-_--_------------------------D

P7LIC SERVICE COMPAM Of tii kAMP$%lRE D u . 31, 1990 An Original Mi$CELLAhEDUS CEhtRAL (XP(hS($ ( Account 930.2) (Electric) A) ( ........................................................................................................... ............... Linel Description Amet ko.l (a) (b) 1 l Irdustry Association Dues l 249,744 j........................................................................................................................; l 2lkuclearPowerResearchExpenses l 0l j........................................................................................................................l l 3 l Other Emperimental and General Research Expenses l 0l g... ............... ............................ ........ ..............................................................) l 4lPublishingandDistributingInformationandReportstoStockholders;frustee, Registrar,andfrans-l l l l f er Agmt fees ano tapenses, aM Oti:gr Expenses of servicing Outstanding Securities of the Respon.) l l l dent l 391,064l j.........................................................................................................................) l 5 l Other Entenses (List items of 55,000 oc mote in this colmn showing the (1) purpose, (2) recipient l l l 6l and t)) amount of such itema. Group amounts of less than 15,000 by classes if the tut;er of items l l l 7l so grouped is shown) l l l 8l l l l 9 l Fees, Expenses and Retainers of Directora and Honorary Directors l l l 10l James K. Arthur l 20,841l l 11 l Dougtes A. Carry l 20,025l l12l Nowett A. Blake l 18,974l l13l Marvey F. Brush l 10,578l l14l Mitary P. Cleveland l 7,400l l 15 l Stephen t. Davis l 17,553 l l 16 l George 4. Dor , Jr. l 8,111l l 17 l N tip 3. Sunt p l 7,637l ( ) l18l l19l Jam's D. heldha t Frec 0 Roedet l 20,792l 8,523l l l 20 l Philip 8. Ryan l 8,125l l21l Wittiam J. scFar fenberger l 10,066l l22l John T. Schif fmai l 9,511l  ; l23l Wittiam M. Scr oto l 7,915l r l 24 l Edward M. Shapiro l 7,354 I l 25 l Wittiam C. Tattman l 8,037l l26l Joseph P. Tyret t l 21,4B9j l 27 l Anthwny Ben Walsh 19,983l l l28l Nugn C. Tuttle l 6,923l l 29 l Miscellaneous Directors' Empenses (10) l 10,334l l 30 l l l l31l l l l 32 l Stock /Sond Certificates tapense l l l33l State of NH Irdustrial u 1 :4:' uthority l 25,000l l 34 l American Bank bote Co. l 4,306l l35l Other (1) l 47 l l36l l l l 37 l Bank Service fees l l l 38 l Irxiastrial Development Authority l 33,125l l39l Chemical 8 mk l 23,459l j 40 l Bank of New York l 17,620l l 41 l Amockeag Bank j 7,422l l 42 l Other (65) { 22,890l l 43 l l l O I '4 l V l 45 l l l l l l46l

    .. ..........       ..... .......... .....                                                                          l                  l Page 335

PwSLIC SERVICE C M PANY OF kEW NAMP$Nl$[ Q eg , sj, 1990 An Original MISCELLAhf oul Cthtt AL f xPthsts ( Accomt 030.2) (flectric) (Cont trW) lLinej Description l Amomt l lC3.l (a) l (b) l l........................................................................................................................l l Il I i l 2 l Movers hired to sove transferred eerployees l l l 3l American Transportetton Relocr.tlon l 24,457l l 4l Able Moving & Storage l 19,712l l 5l Morneev Mover Inc. l 7,950l l 6l l l l 7l Miscellaneous l l l 6l Seabrook Ceneral tapenses l 60,930l l 9l Payrcit l 30,593l l10l Adjusterents of Prior Period trrors l 18,674l l 11 l Capital Offset Co. Inc. l 6,702l l 12 l Other (39) l 11,533l l 13 I I I l14l Total Other tapenses l 128,432l l 15 I I l l 16 i l l l 17 I I I Iisl l l l 19 l l l l20l I 21 i l l l i 1 22 I I I I 23 I I I I 25 l l l l 21 1 I I I 26 I i l 1 27 I I i l 25 l l l I29I I I I 30 l I I I 31 1 I I I32I I i 1 33 I I I i 34 1 I 1 I 35 ! I t I l 36 I l 1 l l 37 l l l 138I I I I 39 I I I I 'o I I l l l'11 I I l l '2 I I I i I 43 I I I i luI I i l 45 l... . ........... ............................... ......................... ................. ....;..............; [ l 46 I total l 1,205,399I l I l Page 335a i

O T H '/. ' AGE HA$ SEtu lhttW1!044LLY LEFT BLAWK O O

PUBLIC SERV'l(! 00N ONT OF h(W M e P$ HIRE Dec. 31, 1990 An Original dip #E0! AtlON AND A40RilZA1]Q4 OF [L[titic Plant ficcounts 403, 404, 405) (Except amortization of acquisition adjustments)

1. Reg et in section A for the year the amounts for: (a) De- sifications s'd shouing a conposite total. Indicate at preciation (apense (Account 403); (b) Amortizatien of Limited- the bottom of section C the manner in which coi n (b) term Electric Plant (Account 404); and (c) Amortization of balances are obtained, if everage balances, state the Other Electric Plant (Account 405). method of averaging used.

2. Report in section B the rates used to comute amortitation f or colmns (c), (d), and (e) report avaltable infor.

Charges f ce electric plant ( Accounts 404 and 405). state the mation f or each plant subaccount, account or f unctional b2 sis used to comute the charges and whether any changes have classification listed in cettro (a), if plant mortality been made in the basis or rates used f rcen the precedirg report studies are prepared to assist in estimating average serv. year, ice lives, show in Coltrn (f) the type mortality cu r ve

3. perort at t available inf ormation called for in section C selected as most agropriate f or the account and in colmn every fifth ye., beginning with report year 1971, reporting (g), if available, the weighted average remaining life of annually cnt y changes to coltros (c) through (g) frce the ecm- surviving plant.

ptete reccet of the preceding year, if comosite depreciation stu t' ting is used, report unless c>Tosite depreciation accounting for total depre- available information called fea in col mns (b) through ciable plant is followed, list nmerically in coltrn (a) each (g) on this basis, plant sweaccount, account or f unctional class!fication, as ap- 4 If provisions for depreciation were made during the prepriate; to which a rate is applied. Identify at the bottom year in addition to depreciation provided by appttration of secticn 0 the type of plant included in aay subaccounts of repcrted rates, state at the bott om of sec t ion C the used, a munts and nature et the provisions and the plant items In column (b) report all depreciable plant balances to to which related. which rates are app!ied sh;=ing subtetals by functional clas-l A. $JTiary of Depreciation and Amortization Charges l

j. .. . .. . .

                                                                                                                                                                            ...l l      l                                                               l Depreciation l                A wrtization of         l Ax rttration of l                                 l l      l                                                               l       Espense         l Limited term Electric l Other Electrit l                                          l lLinel               Unctional Classification                          l (Account 403) l Ptont (Acct. 404) l Plant (Acct. 0 5)l                                  tctal             l lhe.l                                (a)                               l          (b)          l                 (c)           l         (d)            l          (e)             l l-l      I                                                               i                       I                              i                         l l

I h l 1 l Int rgitte Plant l l l l l l 2 l Steam Production Plant l 11,351,333 l l l 11,351,333 8 l 3 l kuclear Producticn Plant l 22,5 3,425 l 4l l 22,543,429 l l 4 l > <draulic Produc t i on Plant Convent t onal l 470,$04 l l l 470,804 l l 5 l e ydr a t i c P roduc t i on P l an t +Jnped S t or age l l l l l l 6 l Otmer Pruuctian Nant l 217,551 l l l 217,551 ] l 7ltransmissionPlant l 5,362,S05 l l l 5,362,895 l l 8 l Oistributi:n riant l 13,428,884 l l 80 l 13,429,964 l l 9 l Ceaerat plant l 1,732.337 l 113,681 l l 1,846,018 l l 10 j to w n Plant Electrie l l l l l l l l. . .

                                                                                            .l-                 .
                                                                                                                           .l.        .        . .
                                                                                                                                                     .l.    .
                                                                                                                                                                               .l l 11 l                              TOTAL                              l       55,107,234 l                          113,685 1                      80 l        55,220,999 l l-                              .        . .                                    .     .                .                    .                         .   ..             .
                                                                                                                                                                             ..l l                                                                                                                                                                                 l 1                                                                                                                                                                                 i j.. .                       . . . .                . .           .. .       .              .         . .                                     ..                     .
                                                                                                                                                                          .....l l                                                             S.      Basis for Amortization Charges                                                                              l

l. .. . .. .... ... . . . . . . . .

                                                                                                                                                                     .......l l                                                                                                                                                                                 l l                                                                                                                                                                                 1 l                                                           % Changes f rom Preceding Report Year                                                                                 j l                                                                                                                                                                                 I I                                                                                                                                                                                 I I                                                                                                                                                                                 I Page 336

PUBLIC SERVitt COMPANY OF ttW HAr.P$NlRE Dec. 31, 1990 An Origirst Of PetCI Atl0N AND AMORTIZATION OF ELECitlC PLANT (Continued) l C. Factors Used in Estimating Deprecletion Charges l l.....................................................................................................................l l l l Deprec i able j istimated l l App l led l l Average l l l Account - l Plant Base l Avg. Service l het $alvage l Depr. Inte(s) l Monthly Curve l Remaining l lLinel No. l(In thousands) l Life ] (Perc ent) l (Percent) l Type l Life l l No. 1 (a) l (b) l (c) l (d) l (e) l (f) l (g) l l.....................................................................................................................l 12 l 13 l 14 15 16 17 18 19 20 21 No Changes from Prececing Report fear 22 4 23 24 25 26 27 28 29 1 30 31 32

    'S     33 s s#      34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 55 59 60 61 62 63 l.

s Page 337 Next Page is 340

PUBLIC $EEVICE COMF Abf CF HEW HAMP5hlRE Cec. 31, 1990 An Original P Altf lCU' AR$ C0hCERNih", CERI A!N thCCNE CEDUCY10NS AND IktEREST CHARCES ACCOUNTS Report the infernation specified betew, in the orcer given, the Untform System of Accounts. Amounts of less than M of for the respective incone deduction and interest charges ac each account total for the year (or $1,000, whichever is counts. F revice a suteeading f or each account and a total f or greater) may te grouped by classes eithin the above accourts. the account. ,4citional colJT,s may be added if deemed appro- (c) Interest on Cetit to Associated Comanies ( Account 430) preptiate =ith respect to any account. .For each associated corpany to which interest on debt was (a) Miscellane;us Amrtigation ( Account 425) Cescribe the incurred during the year, indicate the amount and interest natu*o of items included in this account, the contra account rate respectively f or (a) advances on notes, (b) advances on charged, the total of amortlantion charges for the year, and open accomt, (c) notes payable, (d) accounts payable, and the period of amortization, (e) other debt, and total interest. E mptain the nature of (b) Miscellaneous Income Deductions Report the nature, pay. ctber debt on which interest was incurred during the year, ee, and amo#t of other income deductions for the year as re- (d) Other Interest Expense ( Account 4311 Report particulars owired by Accourts 426.1, Conations: 426.2, Li f e tnsurance; (details) including the amount and interest rate for other 426.3, Pe a ttes; 426.4, Espenditu r es for Certain Civic, Poll- interest charges incurred during the year. tical and Eelated Activities; and 426.5, Other Deductions, of Line l Item l Amount No. l (a) ) (b) I 1 l i 2 l 3 A::a.-ts e25, 426.2 (htne) l 4l l l l 5l Ac v t 426.1 0: nations i 12,1M4 l l 6I i l l 7l A:::snt 426.3 Penalties l 0l l 8I l l l 7I I I l 10 l Acc u t 426.4 Political Espencitures: l l l 11 l ad e-tising l 103,577l - l 12 l carrett l 34,676 l l 13 l Mis:ella e:us l 12,512 l l 14 l j. .

                                                                                                                                                                                      -l l 15 l             tetat Political Expenditures l                              155,765 l l 16 l                                                                                                                                     l.                    .

I 17 I I l l 18 l A: count 426.5 Cther Ceductions: l l l 17 l Sa%reptcy 9etated E spenses l 24,007, /48 l l 20 } Seaoreck Settlement - Vermont Cocp, hudson & Peabody l 2,940,000l l 21 j 5e crc:a Unit ! t y eirm nt Write off l 2,917,003 l l 22 l Seabec3 Unit 1 Reserve l 607,509 l l 23 i  % EC Settlement l (444,324)] l 24 l E o' yee Eupense l 22,338 l 1 25 I "i u 1ia m us l 17,764 l l 26 l Totst Other Ceductions l- - - --

                                                                                                                                                                                    "l l 27 l                                                                                                                                    l                        30,068,03Sl l 28 l                                                                                                                                    j...           . . ...
                                                                                                                                                                                      .l l 29 l                                                                                                                                    l                                            l l 30l Ac;o et 431 Other Interest:                                                                                                         l                                            l l 31 l         Interest on Pre Petition Property Tanes for 6aterford, Conn.                                                               l                              426,669l l 32 l         Inte est on twstomer Oepcsits l                              402,022]

l 33 l Irterest er, short Term Oett [ 312,753 l l 3- l Inte est on Maine Yankee Indirect Cests l 26,135l t 35 l Interest en ot5er l 62,387l l 36 ! j. . . ... .; I 37 l i tal othe- Interest l 1,229,966 j i 33 I I 37 l l-- l

                                                                                                                                                                                      -l l

g l 40 1  ! I I I 41 1  ; l Page 340 heat Page is 350

u s ur uhigui i IN!$ PAgg ygg 8II8 IN'INTIONAtlY LEFT stAng O O

PUBLIC SERVICE COMPANY CF htW *A"P5 MIRE Dec. 31, 1990 RECULATORY COMMt$$10N (hf(h5ES 1, Ceport particulars (cetails) of regalatory comission expenses 2. In colJrs (b) and (c), indic ate .he ther tre espenses incur red derirg the current year (or incurred in previous years, .ere assessed by a regulatory body or .ere otherwise in-if t>eiag amortised) relating to f ormat cases bef ore a regstatory curred by the utility. tady or cases in hich such a body .as a party. l Description geferred in l l (Formish nan of regwtatory c:cyaission or Assessed by (spenses total Account 166 at l l bMv, the docket or case nJter, and a Regulatory of (spenses Beginning j Linel description of the case.) C w lssion utility to Cate of fear l he. l (a) (b) (c) (d) (e) I

                                                                                                                                                                                                                                           ..]

1 l Ae. Hampshire Public Vtilities Corinistion:l l l j l l 2l Amn at assessment to cover salaries and l v j j l l l 3l cocrating empenses l 1,0B6,626 l l 1,036,626 l l l 4 I l 1 l I I i 5I I I I I I I e i re ocrat Erergy aeptatery cowss'en: l l l i j l 7l a nNa t assessmeat l 93,140 l l 93,150 l l 1 BI I I i i 1 l 9I i l I  ! l l 10 l :st M le;al at ertis=ments required by l l l 1 l l 11 l %e. Haepshire Pwblic Utilitiet l l l l } l 12 l Comission l l 3,123 l 3,'23 l l l 13 l l l l l l l 14 l l l l l l l 15 l P1NC s share of N:rtecast Utilities' l l l l l l 16 i re p!atory costs ta cbtain FERC afprovall l l l l l 17 I of ne ser l l 3,750,000 1 3,750, 2 l l l 18 I I l i I I i 10 l l I  !  ! I l 20 I m scet w eevs t e ses l 1 1:3,867l 1:3,eo' l l l 21 l l l l l 1 , 1 22 l  ! l I I l l 23 I I I I I I I 24 I I I I I I I 25 I I I I I i 1 26 l l l 1 1 I I 27 l l l l  ! I I 28 i l l I I I I 27 i I i l l I I 50 l l l l l 1 1 31 1 I i i i l I 32 I l l l l l 1 33 I I I I I I I 34 I I I I I i 35 1 I I I I I l 36 I I I I i 1 1371 i l l I I l35I I I i l l l 19 l l l 1 i  ! I '3 ! 1 I i 1  ! I '1 i i I i i  ! t '2 1 I I l l l 1 43 I  ! I I I  ! I"1 I I I I I

     ! '5 l-                                                                                                                                                                                                                                 -l I e6 I       am                                                     i         1,179,766 l                                                                         3,e56,990 l                         5 c36,7so 1                      01 Page 350 i              ..                 ____ - ___-_.__

PUBLIC !!RVICt COMPANY Of HEW hAMP$NtR Dec. 31, 1990 An original REGUL ATORY COMM11510N (XP(M$($ (Corninvec)

3. $ hew in coluin (k) any expenses incurred in prior years which $. List in colu'in (f), (g), and th) espenses incurred are t?eirig amortised. List in colmn (a) the period of amortiration, during year which were changed currently to income, "

4. The totals of colums (e), (1), (k), and (L) must agree ulth - plant, sr other accounts, tt tetets shown at the bottom of page 223 for Account 186. 6. Minor items (test than i?$.000) may be grouped,

                                                                                                                                                                                                          +

(sP(h1($ lhCURR(0 DuelhG YTAR l AMORf!!ED DuelhG YE A# CHARCED CURRENTLY to Deferred in

                        ..... ............ ....... ...... ...... ......                     Deferred to                Contra                                       Account 186 Decartment     j Account No.           l     Amount               Account 166                Account                    Amunt             End of Year           Line (f)         l             (g)       l       (h)                     (i)                      (j)                      (k)                    (t)                he, 1

2 928 1.086,626 3 I I i i l i l I 41 " I i l I I I I i 5l l l l 1 1 1 1 1 6 I~ l I 928 I 93,1'o l I I I I 7I I I l l l l 1 1 81 1 l 1 1 1 1 I I *I I I I I i 1 1 I 'O I I I i i I I I I 11I I l 928 1 3,123l l l 1 l 12I I I I I I I I i 13 l 1 1 I l 1 1 I I - I' 1

               -1                          I                      l                     i                      I                        I                      I                         i 15 1 1                        I                      i                     l                      l                        I                      I                         I       '6 I I                      I            928        1      3.750.000l                            l                        l                      l                         1 17 I OI       1 I

I I i I 1 I 1 I I I I I 'e I i 10 1 I I 928 l 103,867 l l 1 1 1 20 1 1 I I I I I I I 21 1

                   !                       !                       I                    I                       I                       i                      1                         1 22 I i                       1                       1                    1                       1                       I                       I                         I 23 1 I                       i                       i                     l                      i                        i                      l                         i 24 l 1                       l                       l                     l                      l                        1                      I                         I 25 I I                      I                       I                     I                      I                        I                      I                         I 26 I l-                     1                       I                     I                      I                        I                      I                               27 I I                      I                       I                     I                      I                        I                      I                         i 28I I                      I                       I                     I                      I                     -l                        i                         I 20 1 I-                     1                       I                     I                      i                        1                      l                         I 30 l I                      l-                       1                    I                      i                        1                      I                         I 31 I I                       I                       i                    l                      I                        I                      I                         I 32 I I                       I                       I                    l                      i                         I                     I                         I 33 I I                      l-                      (                    l                      1                     -l-                       1                         l 34 1 I                      I                       1                    i                       I                        !                     l                         l 35-1 1                      1                       1                     I                      I                        i                      i                         I 36 I i                      l                       i                     I                      I                        I                      l-                        l 37 I I                      I                       I                     I                      I                        I                      I                      -l 38 1 1                      l                       l                     1                      1                        I                      I                         I 39 I I                      i                       1                     1                      I                        I                      i                         !     'O i l                      i                        i                    l                      i                         i                     1                         1     'I I i                     1                        1                    I                      I                         I                      l                        I      '2 I I                      I                       I                    I                      I                         I                     I                         l' '3 i Ol          g.

I

                                         .l.

i 1-

                                                  ....... ..     .g.

I I 5.036,756l

                                                                                       .t.

I

                                                                                                             .l.

I l I l

                                                                                                                                                             .g.

I l i "I

                                                                                                                                                                                        .i c.5 ;

1

                            .. .       ...          . . . .. . .       .        . .. .           . . .       . .               .    .        .. .        .          . .             . .          '.6I   .

Page 351

PUSLIC SEhlCE CWANY 08 HEW >AMrJWIRE C ec . 31, 1990 An Original RE$tARCM, Civ! Lor >Ehi, AND CEM04STRAfl0N AC11Vlfits

1. Describe and show below costs incurred and accounts a. Hydecelectric charged during the year for technological research, de. 6. Recreation, fish, and wildlife ve t errien t , and dem nstration (R, D & D) project initiated, ii. Other hydroelectric continued, or concluded during the , ear. Report also sup- b. Fossil fuel steam port given to others during the year f or jointly sponsored c. Internal coctmstion or gas turbine projects. (identif y recipient regardless of af filiation.) d. haclear for ony 4, 010 work carried on by the respordent in which e. Unconventional generation therQ is a sharing of ccsts with others, show separately f. $lting and heat rejection the respondent's cost for the year and cost chargeable to (2) System Nanning, Engineering ord Operation others. (See definition of research, development, ard cemon- (3) fransmission stratien in unif orm System of Accounts.) a Overhead

2. Indicate in column (a) the applicable classification, as b. Undergrourd shown tetow. Classificationst (4) Distrib2 tion A. Electric R, D & D Perf orced internally (5) Envirovent (other than equipnent)

(1) Ceeeration (6) Other (Classif y and include items in excess of 15,000.) ltinol Classification l Description l luo. l (a) l (b) l

l. . . . . . . .. . . . .. . ... . ... . . .. ..

                                                                                                                                                          . .. .i l 1lA (') d                                                     l Ecology Study of namoton Hartaor and hear Of f Shore                                              l l 2i                                                             l                                                                                                  i I 3I                                                            I                                                                                                   I l 4 l A (1) ai                                                  l 4%skeag %dro Fis*way Froject                                                                      l 1 5l                                                            l                                                                                                   l l 6!                                                            I                                                                                                   I I 7 l A (1) ai                                                  l Salmon Oownstream Fism passage Froject                                                            l l 8l                                                            l                                                                                                   l l 9I                                                            I                                                                                                   I i 10 l A (1) e                                                  l Merrirnacs station Air Qeatity Data Acquisition                                                   l t 11 I                                                          I                                                                                                   I I 12 I                                                          I                                                                                                   I i 13 I                                                          I                                                                                                   I i is l                                                          I                                                                                                   I i 15 I                                                          I                                                                                                  I i 16 I                                                          I                                                                                                  i 1 17 i                                                          l                                                                                                   l l 19 l                                                          l     Tc'11 Cost incurred                                                                          l l 19 I                                                          I                                                                                                  I i 20 l                                                          I                                                                                                  1 121 I                                                           I                                                                                                  I I 22 i                                                          i                                                                                                  l 1 23 I                                                          l                                                                                                  l lMi                                                             i                                                                                                  !

I 25 i l i I 26 I I I I 27 i i l 123 l l l l 291 l l 1 30 i l l I 31 i l i 1 32 I I l l 33 I I I I 34 I I J & 1 35 I I I W I 36 I I I l l 37 I I I I 35 I I I Page 352

1 PU8LIC SERVICE COMFAkt Of htW hAk#$NlRt Dec. 31, 1990 An Original RtifAACH, OfkELOFMthf AND Cf>0=siWAfloh ACfivitit$ (Continued) (7) total Cost incurred a, D & D activity. B. L'ectric a, D & D Ferformed Externally 4. Show in contrn (e) the account twrter charged with es. (1) nesearch Support to the flectrical Research Council penses during the year or the account to which amounts were or the Electric Power Research Institute capitalised during the year, listing Account 107, Construc. (2) Research support to (dison (Lectric Institute tion Work in Progress, first. Show in contrn (f) the amounts (3) Research Support to huclear Power Groups related to the account charged in coltrn (e). (4) Research Support to Cthers (Classify) 5. Show in colten (g) the total urnemortized accwutation of (5) Total Cost incurred costs of projects, this total nust equal the tastance in

3. Include in colwn (c) all t, D E D items perf ormec internally Account 188, Research, De.etorrent and Demonstration taperd-and in colwin (c) those items per f orned outside the corpany cost. itures, Outstanding at the erd of the year, ing 15,000 or more, briefly describing the specific area of t, D 6. If costs have not been segregated for R D & D activities

       & D (such as saf ety, corrosion controt, pottution, automation,                                               or projects, suteit estimates for colwns (c), (d) and (f) measurement, insulation type of appliance, etc.) Croup items un.                                              w i th such amount s i dent i f i ed by E s t . "

der $5,000 by classifications and Indicate the rwrter of items 7. Report separately research ard related testing f acilities grouped. Under Cther, ( A.(6) and 4.(4)) classif y items by type of operated by the respordent. Costs Incurred Costs Incurred AMOUhf 5 CH ARCED th CUBRf ht YE AR Internally taternally ..+. .. ...... .. ......... .". ++ . .. Unamortiled Current fear Current Year Account Amount Accwiutation (ine (c) (d) (e) (f) (g) No. s u,091 1 I 107 1 396,c91 I i1 i i I I i 1 21 1 I I I I i 31 I ns,263 I i 107 1 30s.263 l 14 l l l 1 1 l l 5l I I I I I I 6I I e2,289 I I 1s3 i e2,2e9 l 1 71 1 I I I I I8I I I I I I I 9I Q I 11,965 I i I I i I 183 l i I 11,965 I I I I to I i 11 1 i12I I I I I I I 13 l l l l l l 1 14 I l l i I I i 15 l l l l l I I16I I I I I I I 17 I l 715,608 l l l 795,608 l l 18 l

                      ............                         .....u.....                                                              ............

l l I i I I 19 l l 1 1 I i 1201 i , I I I l 1 21 1 I I I I i 1 22 1 1 I I i 1 1231 1 1 I I i 12'l i i i I I 125) i I I I i 1261

           !                                      I                                      I                                 I                                     i                                   1271 1                                      1                                      1                                 I                                     i                                   1281 1                                      1                                      1                                 1                                     I                                   I 29 l l                                       l                                     l                                 1                                      1                                  1301 I                                      l                                     l                                 I                                      i                                  131l 1                                       I                                     I                                 I                                      i                                  1321 1                                      1                                     1                                 I                                      I                                  1 33 1 I

4 I I I I I 34 I I I I i 1 1 35 1 I i l i 1 36 1 ( l I i l I 37 I i l 1 1 1 38 1 Page 353

PUBLIC $ftvlCE COMPANY OF kEW kAMP$Niet Dec. 31, 1990 An Original OlstAIBUTION OF $ALAtlEl AND 6ACit Riport below the distribution of total salaries and = ages for the year. Segregate amounts originally charged to clearing accounts to Utility Departments, Const*uction, Plant Rencvals, and Other Accounts, and enter such aneunts in the appropriate tints and colums provided. In determining this segregation of salaries and wages originally charged to clearing accounts, a method of approsimation giving substantially correct results may be used. Allocation of Payrott Charged Direct Payroll for Clearing Line Classification Distribution Accounts Total No. (a) (b) (c) (d) il Electric l l l l 2 l Cperation l l l l l 3l Production l 8,909,565 l l l l 4l Transmission l 576,232 l l l l 5l Distribution l 8,955,472 l l l l 6l Customer Accounts l 7,661,158 l l l l 7l Customer service and informational l 306,343 l l l l 8l $ ales l 1,245,736l l l l 9l A etnistrative and General l 22,453,187l l l l 10 l TC? AL Operation (Enter total of lines 3 thru 9) l 50,107,693 l l l l 11 l Maintenance l l l l l 12 l Production l 7,285,935 l l l l 13 l Transmissien l 1,360,949l l l l 14 l Olstribution l 5,457,581l l 1 l 15 l A ministrative ard General l 186,261 l l l l 16 l total Maintenance (Enter total of lines 12 thru 15) l 14,290,726 l l l l 17 j f etal Creration and Maintenance l l l l l13l Pro +ction (Enter Total of lines 3 and 12) l 16,195,500 l l l l 19 l Traasmission (Enter Total of lines 4 and 13) l 1,937,181 l l l l 20 l Distribution (Enter Total of lines 5 and 14) l 14,413,053 l l l l21l Customer Accounts (franscribe from line 6) l 7,661,158 l l l l22l Customer service and inf ormation (f ranscritw f rom line 7) l 306,343 l l l l23l Sales (Transcribe from line 8) l 1,245,736 l l l l24l Administrathe and General (Enter Total of lines 9 and 15) l 22,639,448 l l l l25l TOTAL Cperation and Maintenance (total of lines 18 thru 24) l 64,398,419l 4,657,874 l 69,056,293l l26l Cas l l l l l 27 l cperation l l l l l 28 l Production - Manufactured Gas l l l l l29l Production Natural Gas (including Espl. and Dev.) l l l l l 30 l cther cas supply l l l l l 31 l Sterage, LNG Terminating and Processing l l l l l32i fransmission l l l l l33l Distribution l l l l l34l Customer Accounts l l l l l 35 l Custoner service and Informational l l l l l 36 l Sales l l l l l 37 l A $inistrative and General l l l l l35l 10fAL Operation (Enter Total of lines 28 thru 37) l l l l l 39 l Maintenance l l l l l 40 l Production - Manufactured Gas I l l l l 41 l Production

• Natural Gas l l l l l 42 l Other Cas supply l l l l l 43 l Storage, LNG Term lnaling and Processing l l l l l 44 l Transmission l l l l l 45 l Ofstrioution l l l l l 46 l Aministrative and General l l l I l 47 l ICTAL Maintenance (Enter Total of lines 40 thru 46) l l l l Page 354

_ _1 _ _ _ _ _ _ . - . _ . . _ _ . _ ... PU8 Lit it#VICE COMPANY OF NtW NAMPSMitt Osc. 31, 1990 An Original DISTRIBUTION 0F SaLAtifs AND WA;El (Continued) ..(/f\ Aliccation of Payrott Charged r Direct Payrott for Clearing i Line Classification Olst ritution Accomt s Total No. (a) (b) (c) (d) I Cas (Continued) l 1 48lfetaloperationandMaintenance l l l 49 j Production . Manufactured Ces (Enter total of lines 28 and 40) l l l l l 50 l Production . Natural Cas (including Empt, and Dev.) (fotal of l l l l l l tines 29 and 41) l l l l l51l Other Cas supply (Enter total of lines 30 and 42) l l l l [52l Storage, Luc, ferminating and Processing (fotal of lines 31 and 43)l l l l l' l 53 l transmission (Lines 32 and 44) l l l l l 54 l Distribution (Lines 33 and 45) l l l l L l 55 l Custorer Accounts (Line 34) { l l l l 56 l Customer service and Informational (Line 35) l 1 l l , l 57 l Sales (Line 36) l l l l l 5B l A3ninistrative and General (Lines 37 and 46) l l l l l 59 l TOTAL Operation and Maint. (Total of lines 49 thru 55) l l l l , l60l Other Utility Departments l l l l l61lOperationandMaintenance l l l l l 62 i total Att utility Dept. (total of tines 25, 59, and 61) l 64,398,419 l 4,657,874 l 69,056,293l l 63 l Utility Plant l l l l l 64 l Construction (By Utility Departments) l l l l l65l Electric Plant l 52,953,353 1 2,079,918 l 55,032,871l l 66 l Cas Plant l l l l , j67l Other l l l l (~'N] 68 1 70TAL Construction (Total of lines 65 thru 67) l 52,953,353 l 2,079,518 l 55,032,871l U j 69 l Plant Removat (Jy utility Departments) l l l l l70l Electric Plant l 852,713 l l 852,713l . l71l Cas plant l l l \ l72l Other l l l l l73l TOTAL Plant Removat (fotal of lines 70 thru 72) l 852,713 l l 852,713 l l74lOtherAccounts(Specify): l l l l l75l Non. Operating Espense l 35,310 l l 35,310 l l76l l l l 1 l77I I l t l 178I I l 1 I c lNI l l l l 1sol l l I 1 , I81l l l l I i I82l l l l 1 i l 83 l 1 l l l 1%i  ! l l 1 l85l l l 1 l 12l l I l 1 l 87 l l l l l lMi I l l 1 I ao l l l l l l90l l l l l l 91 I l 1 I I i92l l l l l  ! l 93 I l l l l l94 lTOTALOtherAccounts l 35,310l l 35,310l j g ;95l i..............l.............;...........l vl 96 l TOTAL $AL ARjES AND WACES l 118,239,795 l 6,737,392 l 124,977,187 l , Page 355 heat Page is 401

m,, , , . . . .. . .. . O TMit PAGE MAS BEEN INTENTIOhALLY Lfff SLANC O O

PUBLIC SERvjCE COMrAhY OF NEW HAMP$ MIRE Dec. 31, 1990 An Original ELECTRIC EhEROY ACCOUNT Report belew the information called f or concerning the disposition of electric energy generated, ,'urchased, exchanged and wheeled du'.ing the year. Line item lregawatthoursLine iten Megawat thours No, (a) l (b) ho. (a) (b) 1 SOURCES of EhERGY 21 015PC5tilDN OF EhERGY 2 Generation (Encluding Station Use): 22 Sales to Ultimate Consurers (including 3 Steam 5,298,031 Interdepartrentet Sales) 6,289,901 4 hactear 1,679,013 23 Requirements sales for Resale 5 Hydro Conventional 424.097 (See instruction 4, page 311.) 559,025 6 Wydro PJ, ped Storage 0 24 hon Requirements sales for Resal 7 Other 3,076 (see inttruction 4, page 311.) 1,474,796 8 Less Energy f or Punping 25 Energy Furnished Without Charge 0 9 het Generation (Enter total of 26 Energy used by the Company (Electric lines 3 thru 8) 7,404,217 Department only, Excluding Station Use) 79,024 10 Purchases 2,067,966 27 total Energy Losses 367,454 11 Power Enchanges: 28 total (Enter total of Lines 22 12 Received 532,569 through 27) (Must EotAL LthE 20) 8,770,200 13 Delivered 1,234,572 14 het Enchanges (Line 12 minus line 13) (702,003) 15 fransmission For Otner (Wheeling) 16 Received 6,490,301 17 Celivered 6,490,301 18 het transmission for Other I (Line 16 minus tire 17) 0 1 19 transmission gy others Losses l 20 TOTAL (Enter total of lines l 9, 10, 14, 18 and 19) 8,770,200 MONIMLY PEAX$ AhD OUTPUT O 1

        . If the respondent has two or more pc.er systems which are not physically integrated, f urnish the required informa.

the sales so that the total on line 41 exceeds the amount on line 24 by the amount of losses incurred (or estimated) tion for each non integra*ed system, in making the hon Requirements Sales For Resste.

2. Report in column (b) the system's energy output f or each 4. Report in column (d) the system's monthly manimum nega, month such that the total on line 41 matches the total on watt toad (60 minute integration) associated with the net line 20. energy for the system defined as the differenen between

3. Repcrt in cottrn (c) a monthly breakdown of the Non Re-quirements Sales For Resale reported on line 24. Include 5. Report in colurns (e) and (f) the specified inf ormation in the monthly amounts any energy tosses associated wich for each monthly peak load reported in colunn (d).

NA*E OF SYSTEM: l M0hfMLY PEAK i totet .... . . ........ . . ...... .. Monthly Monthly hon Requirements Sales Megawatts line Mon t h Erergy for Resale & Associated Losses (See Instr. 4) Day of Month Hour l No. (a) (b) (c) (d) (e) (f) l- ... . . ... . . . . ........ . ... .. . .. . .. . . .. .. ... ... ... . ..... ... ... ...... . , 1 29 Janu ary 770,372 57,013 1,297 15 1800 l 30 February 718,809 53,444 1,295 20 1900 31 March 713,131 45,784 1,231 7 0800 32 April 610,046 8.545 1,085 3 1900 33 May 603,552 35,205 990 21 1100 34 June 599,929 33,666 1,119 18 1400 l 35 July 736,925 140,465 1,1 72 16 1400 l 36 August 808,632 210,496 1,134 27 1500 l 37 September 743,730 216,313 1,024 7 1200 1 38 October B63,808 299,628 1.063 29 1800

        } 30             November                                                   782,439                                                                            201,055                      1,14S                           13                 1800 l 40             December                                                  818,827                                                                              173,182                     1,208                          27                  1800 l 41                 TOTAL                                              8,770,200                                                                           1,=74,796

PUBLIC $[RV!CE COMFAhi Of htW NAmP$wl8[ Dec. 31, 1?90 An Original SfEAM ELECtalc OthtRAtthC, PLaht $1Af!5flC5 (large ?tants)

1. Repor t dat a f or Pl ant in Service only, plant.

2. Large plaats are steam plants with Installed capacity ( nane 6. If gas is used a*d purchased on a therm basis, report tre plate rating) of 25,000 tw or more Report on this page gas tur- e t w c ontent of the gas and the qu.. t i ty of f uel burned con. ,

tu r e and i n t e r na l c onbus t i on pl an t s o f 10,000 t w or mor e , and verted to kcf. nuclear p a-ts. 7. Quantities of fuel burned (line 38) and everage cost per

5. Indicate by a footnote any plant leased or operated as a joint unit of f uel turned (tine 41) rust be consistent with charges joint facility, to empense accounts 501 and 547 (line 42) as shown on line 21,

4. If net peak deu nd for 60 minu tes is not evaltable, give data B. If more than one f uel is turned in a plant, furnish only

 =hich is available, specifying period.                                                                                    the c wgesite heat rate for all fuels burned,

5. If am evloyees attend more than one plant, report on line 11 9. Items urder Cost of Plant are based on U.S. of A. eccounts.

the appromimate average nwt;er of eTloyees assigNbte to each F rociuc t ion expenses do not include Purchased Power, System l l Plant home Plant hame lLinel Item 5: hiller Werrimack No.1 (a) (b) (c) 1 ltind of Flant ($ team. Internal Combustion, Cas turbine or hsclear) $ team Steam 2 lfvoe of Pl nt Construction (Conv entionat, Outdaer Boiler, Fvil Outdoor, (tc.) Conventional Dutdoor Boller 3 l Year Originn o Constructed 1947 1960 4 Ivear Last viit was Instatted 1957 142 5 fictat inst:!t ed Capacity (wanimum Generator m e Plate Ratings in uw) 179 459 6 thet Peak Oema W en Plant MW (60 minutes) 177 481 7 lPtant e ves Co,nected to Lsad 8, 7e,0 8,432 8 jhet Contin uous Flaat Capability (Mega.atts) 9 when hot L m ted by Condenser water 180 467 10 w+en Limited oy condenser water hot Limited hot Limited 11 Average Usmer cf [ micyees 143 144 12 het Cenerat e , Enctushe cf Plant use uh 720,946,900 2,567,068,200 13ICat of Glam l l 14 l t rd a-d . vd Rights 139,767 l 87.2B4 l l 15 i Stru tores and t ven ements l 16,6CB,491 l 14,295,531 l 16 1 t ure t Costs l B5,446,905 i L ,354,801 l 17 l t o t it Cast l 102,145,163 118,727,616 l 15 l Cost per C,. o f instattect Capacity (Lire 5) l 571 259 19 Pr edac t ien E spenses: l20 Operation Espervision and Engineering 801.458 993,254 l 21 Tset 20,266,184 47,586,75 7 l l 22 l Cootants .vd water (hactear Plants only) 23 l steam E=penses 224,251 1,563,189 24 l Steam from Other Sources 0 0 25 l Ste e Transferred (tr.) 0 0 26 i Electric Empe ses 0 10,00? 27 l wis: Steam (or hsclear) Po.er t a penses 2,353,*21 226.310 25 l R ent e, 933 399 29 l *a mt evce Super vision and Engineer irg l 1,299,987 l 1,547,507 30 1

• w te v ce cf Structu res l 314,989 l 543,974 >

31 l Winntena-ce of Botter (or Reactor) Plant 2,370,646 7,832,338 32 l *a mte^ance c f Electric Plant 2,904,503 4,794,740 3? Mainteaance of Misc. Steam (or N ctear) Plant 1,236.441 2,453,539 34 total Production E spenses 31,772,813 67,552,014 35 E e nses per het Kwh 4,41 2.63 36 Fuet: Kind (Cost, Gas, Oil, or Nuclear) Ccel Oil Coal Oil l 37 i Unit:(Coal tons of 2,000 lb.)(Dit barrets of 42 gals.)(Cas M:f)(huclear-Irdicate) Tons Bbt. Yons Bbt. l 38 l Osantity (Units) of fuet Burned 184,087 678,795 976,432 2,537 39 l Avg. Feat Cont. of Fuet Burned (Stu per Ib, of coal, per gal. of olt, or per i ":' cf gas) (Cive unit if nuclear) 12,906 152,583 13,261 135,313 40 l Av* rale Cost of Fuel per Unit, as Delivered f.o.b. Plant Dsring Year 562.43 $12.93 546.64 534.53 41 l Average Cost of Fuel per Unit Byrned $62.43 $12,93 $48,64 134.53 42 l Avg. Ost of Fuel Burned per Million Stu 12.42 12.02 11.83 15.94 l 43 l Avg. C at cf Fuet B rned per Kwh met Cen. 2.81 1.85 l 44 l A vera ge Stu per t'.5 he t cenerat ion 12,625 10,283 l Page 402 O

_. . m __-m _ _ _ _ _ - . ___ __ _ _. __ _ -- _ . _. _ i

                                                                                                                                                                               )

i PutLIC SERvlCE COMPANY Of HEW NAMPSNitt Dec. 31,1990 An Originet f*

        .'....................................................................................                        4.+......................................

STEAM ELECTRIC GENERA 1thG PLANT STATISilCS (large Plants) (Continued) Control and toad Olspatching, and Other Espenses classified a gas. turbine mit fmettons in a contilned cycle operation ulth a j cs Other Power $4 ply tapenses. conventional steam mit, include the get* turbine with the steam i

10. For IC and GY plants, report Operating tapenses, Accomt plant.  ;

hos, 548 and 549 on line 25 " Electric tapenses", and Melnta 12. If a nucteer power generating plant, belefly emptein ty foot. ,

    - enence Accomt Nos. 55! and 554 on line 32 amelntenance of                          note (e) accomting method for cost of power generated including                      i Electric Plent". Indicate plants designed for peak load ser. any escess coste attritmated to research and developmenti (b) type                                           (

vics. Deslenste automaticelty operated plante, of cost mite used for the verlous congionents of fuel cost; and i

11. For a plant equipped with cont >lnations of fosall fuel (c) any other Informative data concerning plant type, fuel used, J steam, nuclear steem, hydro, Internet contustion or gas.tur. fust enrichnunt try type and quantity for the report period, and bine egalpment, report each as e separate plant. However, if operating chorecteristics of plant. }

      ................................................................................................................................                                          g Plant Name             Plant Name                   Ptont kame                Plant Name               Ptant Name                Ptont kame                      ;

Newington Wyman 84

• Merrimack Lost Nation White t de Schltter Line (d)- (e) (f) (g) (h) (1) No.  !

Steam Steam Centustion Turbine Contustion Turbine Conustion turbine Censustion Turbine 1 Conventional Conventional Jet Engine Gas lurbine Jet Engine Jet Engine 2 ' 1974 1978 1968 1969 1968 1970 3 i 1974 1978 1969 1969 1968 1970 4 v 414 20 37 18 18 21 5  ! 426 20 47 20 22 25 6 l 5,715 4,052 71 49 70 53 7 8 [ 422 20 49 20 23 24 9 Not Limited Not Limited hot Limited hot Limited Not Limited Not Limited 10 . 71 . 0 0 0 0 11  ! 1,961,249,581 48,766,414 1,029,100 661,960 562,000 683,330 12 I 13  ! 409,124 0 0 12,209 0 0 14  ! 15,989,167 - 943,284 74,762 211,101 47,943 41,730 b,) 70,184,875 -5,132,288 3,246,748 1,449,920 1,535,650 1,769,573 15 16 t' D 86,583,166 6,075,572 3,321,510 1,673,230 1,583,593 1,811,303 17 209 304 90 93 88 86 18 19 795,786 18,025 529 6,046 7,977 48,076 20 50,708,765 1,345,154 81,978 71,493 52,704 66,092 21 f 22 612,458} 139,755 0 0 0 0 23 0l 0 0 0 0 0 0

                                                                                                                  =a 0                          0     24     l 0                          0     25 239,720                    14,577                           569                        3,722               6,186                         307      26 568,799                             0                         0                      27,489              17,150                             0     27     [

729 3 0 0 0 0 28 -i 873,837 15,921 12,373 4,367 11,813 33,375 29 j 94,471 65,066 1,101 768 66 17,983 30  ; 2,434,748 89,033 0 0 0 0 31 2,463,083 45,398 423,038 26,366 18,953 52,702 32  ; 284,649 2,210 984 4,270 111,449 1,048 33 i 59,0TT,G45 1,735,142 520,572 144,521 226,298 219,583 34 3.01 3.56 50.59 21.83 40.27 32.14 35 - Ott Coat Gas 011 011 Ott 011 ott 36 f 8bt Yona MCF abt 861 S. Bbl Bbl 37 i 3,331,906 Conpot , te data f or - 3,010 2,222 1.661 1,%7 38 -i plant is reported 39 i 153,875 by operating co., 136,770 138,770 134,508 133,599  ? S15.22 Centret Maine $33.58 S32.18 $31.74 -$33.60 40 i S15.22 Power. $33.58 S32.18 S31.74 S33.60 41  :

                         $2.33    (See page 103a)                              S4.74                         S5.52               S5.62                       $5.99      42

• 2.59 7.97 10.80 9.38 9.67 43  !

10,979 16,803 14,943 16,694 16,186 44

• The date reported on this scheck;te am>ticable to Wyman e4 reflects the respor*nt's snare (3.14331 plus overheads) of jointly owned Unit No. 4 of the facility. '

O Page 403

PUBLIC $ERVICE CCMPANT OF NEW NAMPSMIRE Dec. 31, 1990 An Original. STEAM ELECTRIC GENEllAllNG PLANI $1Afl$flC$ (Large Plants) (Continued) PLent Name Plant Name Line item Millstone ** Seabrook *** No. (a) (J) (k) **" 1 Kind of Plant (steam, Internal Contustion, Gas Turbine or Nucteer) Nuclear Nuclear

                    -2 Type of Plant Construction (Conventional, DJtdoor toller, Full Outdoor, Etc.)                        fully Contained          Fully Contained 3 fror originally Constructed                                                                              1986                  1990 4 Yise Last Unit was Installed                                                                             1986                  1990 5 istet instatted Capacity (Maximum Generator Name Plate Ratings in sed)                                               36                    426 6 nit Peak Demand on Plant MW (60 minutes)                                                                           . 33                    412 7 Plant Mours Connected to Load                                                                                    7,801                   3,716 8 Nit Continuous Plant Capability (Megewetts)

9 When Not Limited by Condenser Water 1,146 1,150 10 When Limited by Condenser Water 1,146 1,150 11 Average Nuiber of E g loyees 284 1,069 12 Mit Generation, Exclusive of Plant use Kuh 235,023,648 1,402,866,441 13 Cost of Plants 14 Land ard Land Righta 7,905 5,100,857 15 structures and I mrovements 33,677,083 440<207,996 16 Equipment Costs 83,637,180 %7,315,108 17- Total Cost 117,322,168 1,412,623,961 18 Cost per KV of Installed capacity (Line 5) 3,259 3,316 19 Production Expensest 20 Operation supervision and Engineering 383,098 4,233,547 21 Fuel .

1,384,197 11,809,454 22 Coolants and Water (Nuclear Plants Only) 74,477 345,242 23 Steam Expenses 184,687 1,846,023 24 Steam From Other Sources 0 0 25 steam fransferred (Cr.) 0 0 16 Electric Expenses 80,326 98,685 27 - Misc. Steam (or Nuclear) Power Expenses 663,315 7,334,082 28 . Rents . 16,616 0 29 Maintenance Supervision and Engineering 132,158 1,401,570 30 Melntenance of structures 55,571 302,966 31 Maintenance of Bolter (or Reactor) Plant 126,985 1,152,947 32 MIntenance of Electric Plant 115,7M 273,003 33 Maintenance of Misc. Steam (or Nucteer) Plant 28,422 604,913 34 Total Production Expenses 3,246,175 29,402,432 35 Expenses per Net KWh 1.38 2.10 36 fuel Kind (Coal, Gas, olt, or Nucteer) Wucteer Nuclear 37 unit:(Coat. tons of 2,000 lb.)(Olt.berrets of 42 sets.)(Gas Mcf)(Nucteer. indicate) Grama Grams 38 Quantity (untts) of Fuet turned 37,405 Grama 282,769 Grame 39 Avg. Heat Cont. of Fuel Burned (8tu per (b. of coat, per gal, of olt, er per Mcf of gas) (Give unit if ruclear) 6.441x10 7 stu/ Gram 5.08x10 7 stu/ Gram 40 Aversee Cost of Fuet per Unit, as Delivered f.o.b. Plant During Year Provided by Provided by 61 Average Cost of Fuel per Unit Burned Operating Demany . Opresting Co g any - 42 Avg. Cost of Fuel Burned per Million Stu Northeast .itles New Hampshire 43 Avg. Cost of Fuel Burned per KWh Wet Gen. Yankee 44 Average stu per KWh Net Generation 10,251 10,244 The data reported on this schedule a plicable to Millstone reflects the respondent's share (2.84751 plus overheads) of

                                    ' Jointly owned Unit No. 3 of the facility.

The data reported on this schedule applicable to Seabrook reflects the re+pondent's share (35.56942% plus overheads) of jointly owned Unit No. 1 of the facility. Actual KWh received totetted 1,443.989,370. Clfference of 41,122,909 KVh is due to test energy generated prior to ccanercial operation. Page 403a Next Page Is 406

n-n _ _ _ _ _ . , _ . , - , - , - _ - -- ww O

                                         ~ " - -   .u. ,,,,,,, .<<, ,,,, ,,,,,

O 1 0

Pv6Llt SERvlCE COW Ahf 0F hew NAMPSHIRE Dec. 31, 1990 An or6ginal MYOR0 ELECTRIC CENERAlihG PLAhi STAflSilCS (Large Plants)

1. Laage plants are hy;ro plants of 10,000 Kw or nore of 3. If net peak demand f or 60 rninutes is net available, ires ta t t ed c apac i t y (rame plate rat irigs), give that which is avaltable, specifying period.

2. If any cleat is (tased, operated under a license from 4. If a group of em leyees attends more than one gen-the federal Energy Regulatory Corrilssion, or operated 64 ereting plant, report on line 11 the apprca terste aver-a joint facility, indicate such f acts in a footnote. If age nurter of ecployees assignable to each plant.

Licensed prcject, gi ve pr o j ec t nJ't;e r . l l l IERC Licensed Project l FERC Licensed Project l l l l 40 1893 l ho. 2140 l l 1 1 I i ltiael item l Plant hame: Amskeap l Plant haw: Garvins l l No.l (a) l ( t)) 1 (c) l

j. . . . . ..

                                                                                                                                                                .l l 1    pind of Plant (s n    u of River or Storage)                              l Ran of River               Sterage l Run of River - Storage l l 2 (?-m cf Plant C:nst ruc t ion (Con <ent ional er Owtdocr)                    l          Conventional                l         Conv entional                   l l 3 lvear Crio rally Constructed                                                 l                1922                  l              1902                       l l 4 jfear Last unit was Installed                                                l                1924                  l              1981                       l l 5 [f: tat Installed Caoa:ity (Gene ratcr hame Plate                            l                                      l                                         l l      l      Patingi ir N)                                                      l                                 16 l                                       12 l l 6 lhet Feat Ce*and on Plant *ega.atts (60 min tes)           u                l                                  17 l                                       11l l 7 lPtant w rs Ccnnected to Lead                                               j                               5,755 l                                 8,683 l l B ihet Pla^t Cas tility (In mega.atts)                                         l                                      l                                         l l 9 l (a) Unc'e r the west Favoratte Oper. Conditions                           l                                  17 l                                       12 l l 10 l (o) UNe a tre Most Adverse Oper C oN i t i c.ns                          l                                  10 l                                         2l l 11 ja verage u ter af Empt cyees                                              l                                   1l                                          1l l 12 lhet Ceaeratt:n, Ezcl eive of Plant Use e                                  l                       111,675,.00 l                        54,906,954l l 13 l Lost of Plant:                                                           l                                       l                                         l l 14 l        L and and L aN! R i gh t s                                        l                             368,484 l                               79,649 l l 15 l        Struct ees and Improvements                                       l                             614,887 l                         3,536,360l l 16 l        Reservoirs, Dams, and waterways                                   l                           5,659,812 l                         4,320,250l l 17 l        E au i ment Costs                                                 l                             713,895 l                            830,325l l 18 l        Rcads, Raftreads, and Bridges                                     l                              47,925 l                                 7,029 l l 19 l           TOTAL Cost (Enter total of Lines 14 thru 18)                   l                           7,405,003 l                         S,773,646 l l 20 l           Cast per aw of installed Capx ity (Line 5)                     l                                 463 -l                                    731 l l 21 lPred.ct:en E= censes:                                                     l                                       l                                         l l 22 l        Ope-ation Supervision and Engineering                             l                              26,530 l                                 0,115 l l 23 l        .ater for P -er                                                   l                              19,620 l                               12,829 l l 24 }        aydraulic Expenses                                                l                              17,968 l                                 8,283l l 25 l        Electric Ex;enses                                                 l                               8,981 l                               12,977l l 26 l        Misc. Hydraulic Pcwer Generat ion Expenses                        l                              67,803l                                35,558l l 27 l        Rents                                                             l                                   0l                                      400l l 23 l        *aintenaace Supervision and Engineering                           l                              25,309l                                19,107l

! 29 l uaintenance of Structures l 66,787l 43,021l l 30 l *aintenance of Reservoirs, Cams, and Waterways l 33,;C8l 33,386l l 31 l *aintenance of Elec tric Plant l 20,627 l 70,787 l l 32 l Maintenance of Misc. Hydrautic Plant l 11,372l 40,252l l 33 i total production Expenses (Total lines 22 thru 32) J 298,205 l 258,715 l l 34 l Espenses per net K.th l 0.27 l 0.53 l O Page 406

PUBLIC SIRvlCE COMPANT OF h(W HAMP$NIRf Dec. 31, 1990 An Original HTERO(LICfRIC C(h(RAtlhG PLAh! STAfilflC$ (Large Plants) (Continued)

5. The items under Cost of Plant represent accounts or tapenses".

cortinations of accounts prescribed by the Uniform Sys. 6. Report as a separate plant any plant equi p d with tem of Accountp, Production (apenses do not include cortinations of steam. hydro, internal co%stion en. Pwr chased Power, System Control and Load Olspatching, gine, or gas turbine equi; rent. and Other Espenses classified as "Other Power Supptr l FERC Licensed Project l ftRC Licensed Project i FERC Licensed Project l l l No. 2287 l No. l No. I l 1 1 I I I l Plant kame: Smith l Plant Names l Plant Names lLinej l (d) l (e) l (f) { ko. 1 [. .. ............... ........ .. . ............... . ....... . . .. .. . . . . ...

                                                                                                                                                                                                                                                .l l     Run of River         . Storage       l                                                 l                                                                                                                      l      1]

l Conventional l l l 2l 1 1948 I I I 3I i 1949 I I l 4l 1 l I i 5I i 15 I I I I i 17 l 1 1 61 1 8,3271 l l 7I I I I l 8I i 17 I I I 9I I *I i i 10 I i 11 I I 11 I i 119,414,383 l l l 12 l ql y I 413,364 l I i 1 l l 13 l 14 1 1 651,731 I i i 15 I i 2.929,137I I I 16 l l 246,824 l l l 17 l l 40,770 l l l 18 l l 4,281,s261 1 l 19 I I 285 l I I 20 l I l l 1 21 I l- it,ts7l 1 1 22 1 1 53,095l l l 23 l 1 63,706l 1 l 24 l l 17,900 l l l 25 I I 19.197 l l 1 26 1 1 0l I I 27 l l 9.766 l 1 l 28l i 61,001 l 1 1 29 I I 93,632l 1 1 30 1 I 29,723l l 1 31l l 29,241 l 1 l 32l 1 3sa,41a l l l 33l l 0.33 I I I 34l Page 407 Neat Page is 410 u.-.. _ _ _ _ . - - - . - _ - _ _ . _ _ _ _ _ _ _ _ - _ _ _ _ - _ _ _ - _ _ _ _ _ _

PUBLIC SteV!CE Cp4AhY OF h!W HAMFSd!RE C4 ec . 31, 1990 An Originat GEhER AtlhG PL Akt ST AtilflC5 (Smat t Plants)

1. 5+att generating plants are steam plants of less than a ticense f rom the f ederal Energy Regulatory Comission, 25,C00 s,; internal cottustion and gas turbine plants, or crerated as a joint f acility, and give a concise conventional r,dro plants and paved storage plants of statenent of the f acts in a f ootnote. If licensed tess taan 10,000 Kw installed capacity (name plate rating). project, give project ruter in f ootnote.

2. Cesignate an, plant leased from others, operated under l l Inst a t i x!

l l Tear Capacity. het Peak het Generation l l 0-ig, h m Plate Donand tactuding L!ael A ce of Plant Const, Rating (In M.i) Ms (60 Min.) Flant use Cost of Plant No,l (a) (b) (c) (d) (e) (f) ,

                   . ..              .       .. .          .                 .              .                       ...       .. . .... . .... . ... .........                t 1 layd o:                               1 2l Ayers 1 stand        82456                    1925                              8                      9                 55,618,648                   3,279,220 l 3l Canain                 s7528                    1928                               1                     1                   9,137,772                      930,694 l 4      E asttan F at t s 82e57                     1912                            6.4                      7                 35,296,584                   8,015,211 l5       G:r*an             #2258                    1909                              2                      2                  14,424,240                   1,192,920 l 6       echsett            s1913                    1927                              2                      2                  11,161,100                      191,421 l 7       . s : ra n                                  1925                              3                      4                 12,462,170                   2,246,333 9       f;tal *ydro                                                           22.4                                         138,100,514                  16,455,796 10 l 11 (inte~al C7tust ior a l 12 l Swans Falls Oiesel                             19 8                              3                      3                       139,154                   473,007 1 13 l l1'                                                                                                                                              l l 15         f:tal STait Plant                                                     25.4                                         133,239.693                  16,928,5u3 1 16                                         I I

I 17 i i 1 '8 I i , I i li i l l I I 20 l i i 1 1 21 I ( l I l 22 l l l I 23 l l lh l I 25 l l l 26 I I l , i 27 1 > l 2' I l . l 29 l l I 33 I I l 31 I l t 32 l l l l l 33 i i i I i 34 I l l 35 l l l36I i 37 I I 38 1

 ! 39 I I 60 1 141 I I 42 l                                                        l t 43 l                                                        l l 44 I I 45 I I 46 I Page 410

i i PUBLIC $ERVICE COMPANT OF NEW MAMPsMitt Dec. 31, 1990 An Original ( CENtRAtlhG PLAhi ST ATI5f!CS (smat t Plants) (Cont inued)'

3. List plants appropriately under sut$eadings for steam, dro internal cortiustion or gas turbine equipment, report l Pydro, nuclear, internal canbustion and gas turbine plants, each as e separate plant. No ever, if the embasst beat  !

For nuclear, see instruction 11, page 403, f rom the gas turbine is utilized in a steam turbine regen- l 4 If net peak demand for 60 minutes is not evellabte, give eretive feed water cycle, or f or preheated canbustion I that which is avaltable, specifying period, air in a boiler, report as one plant.

5. If any plant is equipped with combinations of steam, hy- ,

l Plant Cost Production tapenses fuel Cost . Per NW Operation - - * + * * *** **...... . (in cents per  ! Installed Capacity Escluding fuel fuel l Maintenance Kind of fuel mittion Stu) tine i (g) (h) (1) l (J) (k) (L) ho.  ; 1 409,903 103,539 125,95". 2 930,694 42,958 4 7,1.' ! 3 l 1,252,3F7 75, 736 111,923 4 596.460 60,563 59,342 5 395,711 51,997 39,244 6 l l 748.777 21,969 61,T94 7 [ 8 l 356,762 0 445,379 9  ; 10 11 . 157.669 48,329 9,238 77,087 011 15.03 12 l 13 . 14 4C5,091 9,238 522,466 15 16 [ y 17 ' 18 19

      \                                                                                                                                                                       20
   -_ #                                                                                                                                                                       21         i 22       t i

23 24 25 - 26 f t 27 25 i 29  ! l 30 l 31 32 33 34 35 36

• 37  ;

I 38 39 40 t 41  ; I 42 I 43 l 44 't

           !                                                                                                                                                                  45 1                                                                                                                                                                  46 f

i f ~ Page 411 Next Page is 422 l t . [ 1 i l

FUBLIC SERvlCE COMfAU CF bid MMP$NIRI Dec. 31, 1990 An Orlginal TRA45ml55t N Llht 51AtlSitCS

1. Report inf ormaticn concerning transmission lines, cost of lines, transmission line has more than one type of surperting struc-ad espenses f or year. List each transmission line t'avirsg nominal ture, iradicate the mittage of each t ype o f c ons t ruc t i on by voltage cf 132 kitcyctts or greater. Report transmission lines be- the use of brackets and entra lines, Minor portions of a Lod these voltages in group totals only for each voltage, transmission line of a dif ferent type of construction need

2. Transmission Lines include all lines covered by the definition not be distinguished f rom the remairder of the line, of transmission system plant as given in the UnifoND System of Ac- 6. Report in coluT4 (f) aM (g) the total pole miles of each counts. Do not report substation costs at empenses on this page. transmission Line. Show in colum (f) t he pole niles of line

3. OQport data by individual lines for all voltages if so required on structures the cost of which is repe ted for the line des-by a State ecm ission. ignated; conversely, show in colum (g) the pole miles of Lina

4. ticlude fran this page any transmission lines for which plant on structures the cost of which is reported f or 63other line.

c os t s a re M: l aded i n A c c ount 121, h onut i l i t y P r ope r t y . Repcrt pole miles of (ing on leased or partly owned structureg

5. Indicate # ether the type of supporting structure reported in in colu m (g), in a footnote, emplain the basis of such occu-c o l u"ri ( e ) is: (1) single pole, wec4 or steel; (2) H frame, wood, pancy and state whether eApenses with respect to such struc-or steet peles; (3) t:wer; or (4) underground construction, if a tures are included in the expenses reported f or the line des-l l L(hGip (Pole Miles) l VOLTAGE (In the case of underground lir'es, I (Indicate v e*e cther report circuit miles)

Ots10NAfl04 l than 60 cycte, 3 ;*ase) type of -- - - - - - - heter

                                                     -l-                                           S m orting             on Structures of                  On Structures c?            of Line         From          l         fo                Operating l Designed                 Structure               Line Cesignated                    Another Line          Circuits he.         (a)           l        (b)                   (c)         l        (d)       j       (e)                         (f)                            (g)                  (h)
                                                                                                                                                                                                 .l 1 l hee nstan            l Oeerfield           l        345,000 l            345,000 l          2              l                      25.59 l                            l       1          l l 2 l 5:ctie                  l Cracut, wA         l         345,000 l            345,000 l          2             l                       18.44 l                            l       1 l

l 3 l Serra:t l hewirston 1 345,000 l 345,000 l  ? I 16.98 l l 1 l l l 4 l Seat Ncm I we.ington l 345,000 l 345,000 l 2 1 0.21 l l 1 l l 5 l Se t.'e i teerfield l 345,000 l 345,000 l 2 l 18.62 l l 1 l l 6lS::ve I wermon, VT l 3 5,0C0 l 345,000 l 2 l ' 7.90 l l 1 l l 7 l ve-ror, sf I serthfield, mal 3*5,000 l 345,000 l 2 l 10. 73 l l 1 l l 8 l Ceer*ield l =aine Line l 345,000 l 345,000 l 2  ! 15.e9 l l 1 l l 9 l Scctie i Lebanon, ME l 345,000j 345,000l 2 l 37.31 l l 1 l l 10 l Sent:rc:t lsecbie l 345,000 l 345,000 l 2 l 29.74 l l 1 l l 11 lSeabract l Mass. Line l 345,000 l 345,000 l 2 l 7.5 7 l l l l 12 l Merr Mack sta.l Canbarton l 230,000 l 230,000 l 2 l 8. 73 l l 1 l 1 13 1 I I I I I I I I l l14 l 115 o Overhead t res  ! 115,000 l 115,000 l l 676.75 l l l i l 15 l 67 o overaead Lines l 67,000 1 69,000 l l 19.53 l l l l 16 l 34.5 G 0.er*ead L ines I 34,500 i 3e,500 l l 77o.64 l l l l 17 l 22 av 0.ernead Lines l 22,C00 j 22,000 l l 0.10 l l l l l 18 l 13.2 4 owe s ead Lines l 13.200 l 34,500 l l 1." l l l l l 19 l 12.4 7 n Overread tines l 12,470 l 34,500 l l 2 l l l l I 20 1 l l l l 1 l l l j l 21 l L.5 a v uncerground L ine l 34,500 l 34,500 l l 10.49l l l 1 22 l l l l l l l l l l 23 l 34.5 KV setrarine Line l 34,500 l 34,500 l l 2.42 l l l j 24 l undistributed Plant l l l l l l l l 25 I I I I I I I I I l 1 26 1 I I I I I ' I i 1 27 ! I I I I i  ! I I 1281 l l l l l 1 I I 1291 I I I I I I I I l l 30 l l l l l l l l l 1 31 1 I I I I I I I I ' 1 32 1 1 I I I I I I i 1 33 1 I 34 I I I I I I I I I I I I I I i I 1 h

   ; 35 1                                          .                   .                                   .                    .    .
                                                                                                                                                                                                .l l 36 l                                                                                                TOTAL l                        1,789.18 l                              l                  t Page 422

PUBLIC SERVICE COMPANY Of htW HAMPSHIRf ce: 31, 1990 An or1ginat faAktul551 1 11 ( ti ed) Ignated.

7. 00 not report the same transmission Line structure twice, scendent operates or shares in the operatior of, furnish a Report temer vcttage lines and higher voltage lines as one succinct statement esplaining the arrangenent and giving par.

lire. Designate in a footnote if you do not inetude lower vol. ticulars (details) of such matters as percent ownership by re-tage alth higher voltage lines. If two or core transmission spondent in the Line, name of co owner, basis of sharing ea+ tire structures su p ort lines of the same voltage, report the penses of the line, and how the expenses borne by the respond-pote miles of the primary structure in coltro (f) and the pole ent are accounted f or, and accounts af f ected, Specif y whether miles cf tre other line(s) in colsin (g), lessor, co owner, or other party is an associated corpany.

8. Cesignate any transmission Line or portion thereof for 9. Designate any transmission line leased to another cor.pany which the respondent is not the sole owner, if such property aN give name of lessee, date and terms of lease, annual rent is leased f rom another cocpany, give name of lessor, date ard for year, and how determined. Specify whether leiste is an as-terms of lease, and amount of rent f or year, f or any transmis- sxiat ed coppany, sion t ire other than a leased Line, or portion thereof, f or 10. Base the riant cost figures called f or in cehrns (j) to which the respondent ($ not the sole owner but which the re- (t) on the book cost at erd of year.

1 COST OF tlkt l l(Include in colum (j) land, tend rights, and l clearing right of ay) (EPthSES, EXCEPt CE N CIAflCN AhD TAMES sige o, l. . .. . . .. . I C on Le t e r l . Construction and Operation i Maintenance l j fotal I l jandwatertall Land other Costs Total Cost Espenses j ispenses l Rents l Empenses lLinel l (1) l (j) (h) (t) (m) l (n) l (c) l (p) l No. l l ~1 1 1,113,0c0 I e36,292 l s,e29,45s 1 6,665,7e 7 l 723 l 4,702 l 1 s 425 l 1I l eso,soo l 1.c21,224 1 1,680,527 1 2,701.7s1 l 1,229 I 3,629 l I e,ess 1 2l l 1,113,c00l 1,510.044 l 7,025,929 i e,5 35,973 l 1,800 l 2,512 l l 4,312 l 3I i 1 n3. coo I oI ol 0I ci ol l c! 41 i eso,sr I ol 1,2es,260 1 1,26e,260 1 14,5s3 l 3 it34 I l 17,es? I st l eso,soo l 1,497,285l 5,969,3s1 1 7,466,634 l 7.371 1 10.826 I i te.197 1 6I I eso eco 223,86s l 2,118,924 l 2,342,7e9 l 1,330 l 1,191 l l 2,s21 l 7i e',eol' O 1 est eco I 90s,334 1 oi ' >.'2o 3.182,7s1 l i '.2 e2> i 4,0e3,113 1

                                                                                                               '2>i 14, css l
                                                                                                                                        > i 4.en l i

1

                                                                                                                                                                             '3s i u,934 i          9l i

l 2,156,c00 1 2.984,420 I ol 2.984,420 1 10,232 i 6,103 l  ! 16,3es i 10 l l 2,%ocol 0l 0t oI seo l 1,945 l l 2.s2s l nl l Ns. coo i 112,767 1 418.534 1 531,301 I in 1 0l { in l 12 l 1 I I I l l 1 I i il l I I 2,481,40s l 22,2es,674 1 2:.,767,079 1 4',636 1 25,sE I I o7.532 1 14 l l l 111,s60 l ees.cos l 756.625 l 652 l 304 i l 956 1 15 I I I 1,869,191 l 10.999,830 1 12,869 c21 l 142.154 1 1,373,362 1 1 1,s15,516 1 16 l a 1 I cl 1,953 1 1,953 l l l l l 17l l 1 12,980 l 20,514 1 33,494 l l l l 1 tei i I 49,690 l 234,862l 2e4,552l l l 1 1 19 l 1 1 1 1 1 I I I I 29 I I l 01 896,224 1 896,224 1 1.ssa i 1,542 l l 3.130 l 21 I i i l I  ! I I I I 22 I I I o1 214,513l 214.513 i i l l o1 23 i i I e09,292 l 18,706,209 l 19,515,501 1 1 l l l 24 I l l l 1 l l 1 1 I 25 I I i l I i l 1 I i 26 I i l l 1 1 I I I I 27 l 1 I I I I l l 1 l 28 1 1 1 I I I l 1 1 I 29 I I l 1 I I I I I i 30 I I I I I I I l l l 31 I I I I I i l I I I 32 1 1 1 I l 1 I i i I 33 1 1 l l l 1 I l l 34 l p .j. .

                                                                                          .;.                       .l.                      .g.         .;.                      .l      35 ;

I i 14,42s 347 l 82,749,225 l 97.174,572 l 238,584 1 1.440,440 1 0l 1,679,024 1 36 I Page 423 l 1

PUBLIC SERV!CE J0MPANY OF HEW HAmr$ HIRE tec. 31, 1990 An Original TRAhSMlSSION L1hES A00E0 CURiko TEAR

1. Re ort tetow the inf ormation called f or concerning grourd construction and show each transmission Line sep- i triv nission tir*es ated or altered during the yeai. It arately. If actual costs of cccpteted construction are not is ;t necessary to repcrt minor revisions of lines, rt adily evaltable f or reporting coles (t) to (o), it is

2. Provide secarate sut>headir'gl f or overhead ard under* parmissible to report in these coltrins the astimated final l $UFPORTING STRUCTURE circuli $ PER STRUCTURE l

l LikE DESIGNAY!ON Line Average l- Length h ster ILine I from I to in Miles Type per Miles Present Ultie. ate No. l (4) I (b) (c) (d) (e) (f) (g) 1 l A+ erst i South Mitford I 3.22 I W I 20 l 1 l 1 I I 2I I I I I I 1 1 I ~l I i  ! l I I I I 'I I I  ! I I I I I 5l l I I I I I I I 6I ' I I I I 1 1 1 7i l l l 1 1 I I I 8I I I I I I I i l 9I I I I I I I I i 10 l I I I i l l l l it i j i i I I I [ l 12 I I I I I I I I I 13 I I I I I I I I I 1' I I I I I I i 1 1 15 I I I I I I I I I 't i I I I I I I I I 17 I I 1 I I I I I I 18 I I I I i I I I i 19 I I I I I I I i 1 20 I I I I I I I i 1 2' I I  ! I I I I l i 22 I I I I i l l I I 23 I i i i i l I I i 24 I I I I I I I I I 25 I I I I I I I I I 26 1 I I J l l l l I 27 I I I I I I I I i 2s l I I I I I l i I 29 I I I I I i 1 l 1 30 I i i I i I I I i 31 1 I I I I I i l I 32 i i i i l i I I I 33 1 I I I I I I I I 34 I I I I I I i i I 35 i I i l i I I I I 36 I I I I I I I I I 37 I I I I I I I I I 38 I i l I i l I I I 3' I I I I I I  ! l ! 'O I I I I I I I I I 'l 1 42 I I I I i I J i i l l l l I i l g l 43 l. . . . ..

                                                                                                                                                                                      .l 1    4'  U:nt                        !                       l              3.22 I                               I                         I                  I                           I Page 424

 ..       _    m__                _ _ . _ _ _ . -              _             - _ __. _ _ _. - _.                                  ________m_m_-                                                 _ ~ . _ . _ _ _ _ _ _ _ . _           . _ _ _ _ _ .
                                                                                                 *vlt!C ltty*Cl C W Ah? Of htW NA4 5N!Rt                                                                        Cec. 31. 1990 An Original                                                                                                                   I TRAK 4155104 tittl ADD (D DuelhG v! At (Contirwed) corpletion costs. Designate. %ever, if estimated assunts                                                   3. If design voltage dif f tra f rce cperating vettege, irdi.

are reported. Incluse tests of $'learing Lord and alghts of- cate such f act ty footncte; also where line is cther than way, and Reads ord traits, in cotwn (t) with ar4wopriate 60 ctcte, 3 pase. Ireltate such other characteristic. f oothote, and coste of Vrderground Corv,Ailt in colwn (m). l l COWOUC10tl ' tlht Colt

                                ................................... .......                                                      . .....................................................                                                             l Configuration                                 Land ord               Poles,                 Corduc t or s                                                    ]

ard voltage Kit t ard towers, and ord lite fpecification $ pacing (Operating) tights flatute6 Devices total time i I (h) (11 (J) (U (t) (m) (n) (c) ko. ' 1 47f.000 l Atti l 50 l 34,$00 1 18,1131 287,772 1 01 30/,62$ l 1I I I I I i l 1 1 I2I I I I I I I I I l 31 I I I I I I I I I'l I I I I I I I i 15I I I I I I I I i !6I I I I I I I I I I 7I I I I I I I I I I6I I I I l l I I I I'I I I I I I I 1 I I4I l- 1 1 I I i l i 1111

                       -l                               l                           i                      I                  I                     I                          I                         I                   i121 1                              1                           1                      1                  1                     I                          I                         I l il l I                              i                           i                      i                  l                     i                          l                         I                   l ie l 1                              I                           I                      I                  I                     l                          l                         l                   l il l i
        ,               1                               1                           I                      I                  I                     I                          I                         i                   1161 1                              1                           1                      1                  1                     I                          I                         I                   1171 I                              l                           i                      I                  I                     I                          i                         1                  list i                              I                           I                      i                  i                    l                           l                         I                  l i' l i                              I                           I                      I                 I                     I                           I                         I                  1201 I                             I                           I                      I                  l                     l                          1                          1                  1211                    ,

I I I I l 1 I i 1221 I I I I I I I I l is i l i l I 1 I I i 1241 1 I I I I I i i 1251 I l l I I I I I 1261 I I I I I I I i 1271 l i I i l l 1 I l i81 i i l I i l l I I 29 I I I I I I I I I 1301 I I I I I I I I 1511 I I I I I I I i 1521 1 1 I I I i i l 1331 I I l l 1 I I I I 34 I I I I I I I I I 1351 1 I i 1 I I I I36I I I I I I I I i 1371 1 I I I I I I i 1351 I I I I I I i 1 1391 I I l I I I I i 1 40 l i i 1. I I I i i l'11 I I i l i I I I l'21 > l.. ...... .. ........... .... ..................... ............ . . ...... ........

                                                                                                                                                                                  ........ ............... .I as l l                             l                           l                      1                  1             1s,113 1           2e9,772l                              o1           307,sesJ44I page 425

A8 tlc 5ttyl(t C W ant of hte >AMrsnitt Dec. 31, 1990

                                                                                                  $JlltAt10hl

1. acpor t t'el e. t re inf ormat ion c a t t ed f or c onc erning si te r o f suc h subs t a t i ons mus t t>e sh own.

stations of t*e reswdem as of t% erd of the year. 4 f risit a te in c olav (t;) the f cc t ional charac t er c f each

2. Swt s t a t i oas .h i c h s e r ir e onl y one e ws t r i al or s t r ee t sutstation, cesigeating whether transmissicn or distritw rail.ar c s t ome r sb wi d ne t te L i s t ed te t c.. t i on a*d wt e ther at t erded cr unet t ended. At tre e'd of the

3. tscstat e s .ith capacities of less than 10,000 b e, page, SJnarite according to fiiction the cata:lties rea eu es t t

• u e s e a . i ng c us t ome r s i. i t h ener g y f c>r r e s s t e, ma y ger t ed f or tt e Irdividual st at ions in c chrri ( f ;,

t.e g r o we d a : c c e d .e g t o f anc t i or.a l charac ter, tot t he nJh- 5. Sko. In eclars (1), (j), a*d (L) trec t al etsi t rent such l t I I I l l l l V0lte;( (In rva) l l l l Cteracter of l- ** *** * ** * ***

                                                                                                                                                                                     ******'*]

l L I To l h re a'd L oc a t i on o f t *s t a t i on l $sbstatie l s'r Mary l 5ec ondar y j fertiary l l hD. l (a) l (b) l (c) l (d) l (e) {

j. .

               .l.                   .                                                                               .           .       .          .                      .                .
                                                                                                                                                                                                    .l l        1 la w o eag                                   Ima nc*   ester                l      Cenerating                 l               34.5 l                     2.4 l                  0.0 l l 2 l:ar m                                              lee.                           1      ceneesting                 l               34.5 l                    12.0 1                  0.0 l l 3 lust hetion                                        i h : r '. N-te r l a nd        j      tenerating                 l               34.5 l                    13.5 l                  0.0l l        4 Pe" t ud el                                 lB0.                            l'     Cenerating                 i              115.C l                    14.4 1                  0.0l l 5 l*teri a:e a2                                       !so.                            l'     cenerst mg                 l              115.0 1                    24.0 l                  0.0 l l 6 !*e'r m3 ;t's                                       180.                            l'     tenerettop                 l              115.0l                     13,2 l                  0.0l l         7 lhe.legton                                  jne.tegton                      l'     Cereratias                 l              345.0 l                    2. 0 l                  0.0 l l 5 l$ctiller a3                                        Ports m th                      l*     ceneratir's                l              115.0 l                    13.5 l                  0.0l l 9 l$ chiller a4                                       Ports w th                      l'     Generatirg                 l              115.0 l                    13.5 l                  0.0l l 10 j$ chiller s's                                     Ports w th                     l*      Generating                 l              115.0 l                    13.B l                  0.0 l l 11 l5 chiller e6                                     Pcrts w th                      l*       ieneratire                l              115.0 l                    13.8 1                  0.0 l l 12 ltchiller CT's                                    l torts w th                    l*      tenerating                 l              115.0 l                    13.2 1                  0.0 l l 13l5+ith                                             lGerlin                         l       Cenerating                l               115.0 l                     t.6 l                  0.0 l l 14 l ='h i t e t a k e C f                           lf Nr th                        l       Generatirg                l                34.5 l                    13,2 l                  0.0 l l 15 layers IsIand                                      he.Hastcn                       I       ceneratirp                l                34.5 l                     2.4 1                  0.0 l l 16 lltatiers 6ess h aa 10 N A (7)l                                                    l      Gene r a t i r g           l                         l                       l                     l 1 Ul                                                    l                               i                                 I                         I                       l                     l l 18 l              f otal Oe tr ating                  l                               l                                 l                         l                       l                     l l 19 1                                                  l                               l                                 l                         l                       l                     l l 20 lav erst                                           Pnterst                        j        transmissioi             j               345,0 l                    34.5 l                   0.0 l l 21 lashland                                           pshtand                         l       transmission             l                115.0l                    34.5 l                   0.0l l 22 l'tt et e t i .er                                  ltypton                        l        tran m ssion             l                115.0 l                   34.5 1                  0.0l     '

l 23 lBrioge St. lNashsa l Transmission l 115.0 l 34.5 l 0.0l l 24 iChester Itkester l Transmission l 115.0J 34.5 l 0.0l l 25 lChestns t will j n i r's os t e j Transmission l 115.0 l 34.5 l 0.0l l /6 !Deerfield lteerfield l Transmission i 345.0l 115.0 l 13.8 l l 27 *;ver l Dover i fransmission 115.0 l l 13.8 l 0.0 l l 28 lDever l cover l Transmission l 115.0 l 34.5 l 0.0l l 27 [tatt Side JSerlin l transmisti u l 115.0 l 34.5 l 0.0l l 30 jfast side pertin Transmission 34,5 l l l 22.0 l 0.0l l 31 ltast Sise 18er1in l Transmiss1on l 115.0l 22.0 1 0.0l l 32 jf ah Imanchester l Transmission l 115.0l 34.5 l 0.0 l l 33 1:n dns jsow l transmission l 115.0 l 34.5 l 0.0l l 34 J0reggs l0cffstown Transmission l l 115.0 l 34.5 l 0.0l l 35 l* Asen laudson l Transmission l 115.0 l 34.5 j 0.0 l l 36 INse Rd. j wanc hes t er j transmission l 115.0 l 34.5 l 0.0l l 37 laa m an Inittstero l Transmission i 115.0 l 34.5 1 0.0 l l 35 lstngst:n jf. singston Transmission l l *15.0 1 34.5 l 0.0 l j l 37 3 avia lLaconia l fransmission l 115.0 l 34.5 l 0.0 l l l 40 Itittie nn lLittleton l Transmission j 230.0 l 1M.0 l 0.0 l

• Cenotes Atte*.ded

, ( A) A st ir'9 .ith Designed Cooling Instat ied Fage 426 l

i l I Puttit lievitt Ctp*Akt Of htW NAMflaitt tee. 31, 1900 l An Orl0 (nel )

             ..          ............................ ........................ ........... ..... ...                                                                    ......o....               . . .. ... .... .          ,

tuttf ailC*l (Cont insed) f

                           . ... ................ ... . ... .. ..................................... . ..                                                                         ... ..             . . ..           .. i as totary canierters, rectifiers, cordensers, etc. ard                                             lease, and anrwal rent. For any swbstation er ewigrent                                                        i 8 a l t i ary ewi pnent f or i nc r eas irig c apac i t y.                                         cterated other than by reason of sete ow ership                                   n         or lease,         ',

6. tesignate Substations er major items of egstgrent gne name of co ewner or other party, esplein basis of I teased f rors others, jolntly owred with others, or oter. sharing engenses or other accounting tetosen the parties, sted cther.ise thsn tsy reason of sole ownership t3y the atd state a=ounts and accounts ef f ected in respondent's ,

respordent. For any substation or equipment operated toc 4k t o f ac c cunt . $secif y in each case whether let*or, f under lease, give name of lessor, date 4*d gerlod of co ow,*P, e or other party is an assect:ted torveny. l l Capacity of l l l C04 vill l0h A natatul Ak0 SFICIAL IQUll*tti l l l l $ststation l Arter of l kJter cf la'***"*a****'a*************aa**'****j l l l (In Service) j f r ans f orcer s j Spare l T yge of l W. rte r o f l fotal l l f j tin Wya) l in Service l TreasforPers j t traigrent l Units l tac 4 city lLinel , l (f) l (9) l (h) l (I) l fj) l (t) lhe.l l

j. ... . ..... . .... ............. .. . .. ............ . .. . ... ... .......... . . . .. . . . .

                                                                                                                                                                                                                    ...l t

l(A) 20.0l 2l 0l l 1 1 1I i 16.0l ?l 0l l l l 21 l l(A) 20.0 l 1l 0l l l l 3l  : l(A) 125.0l 1l 0l l l 1 4l

           .l(A)                    392.0l                          1l                                 0l                               l                                       l                                l 5l        ;

lia) 61.7l 11 0l l t 1 61 l l(A) .4a.01 1l 0l l l l rl , f(a) 61.7l 11 0l l l 1 eI ' itA) 58.6 1 11 0l l 1 l 91 j

         .l(A)                        58.6l                         1l                                 0l                               l                                       l                                1 10 l      ;

H A) 5561 11 0l l l l 11l [ l(A) 25.01 11 0l l l l 12 i  ! to.Tl 0l O1 1 l 20.0l 10.01 11 1l 1l

., I 0l .I 1

l i l l i 13l l 14l l 15 l i l 30.7l 17 j 1l l l l 16l j j..... . ...... ...;........ ......l................; j....... ..... ..i. ... . . .

                                                                                                                                                                                                               .; 17 l       ;

i 1,n'. 61 39 l 1l l 0l 0I te1 -

          ;..       ....        ..  ..   ..;.. .. ..           ......l..      .......
                                                                                                    ...l                               l.............l..........                                            ..l     i, l     i 140,0                                                              0l l(A)                                                      1l                                                                 l                                      l                                 l 20l        ;

Ita) 25.0l 1l 0l l l l 21l [

          ;(A)                       44.8l                          1l                                0lcapacitcrBank                  l                                   2l                        21.200 l 22l            1 l(A)                       87.6l                          2l                                0l                               l                                      l                                 1 23l        l l(A).                      44.8 l                         1l                                0l                               l                                      l                                 l 24 l       !

l(A) 25.0l 2l 0l l l l 251 3 l(A) 448.0l 1l 9l l l l 26l 5 l 15.0l 3l 1l l l l 27 l l( A) 89.6l 2l 0l l l l 28 1 j

          '(A)                       35.0l                          2l                                0lcapacitorBank                 l                                    1l                          7,200 l 29l l

l 15.0 1 1! 0l l l l 30l  : 1 15.0 l 3l 0l 1 l l 31l , lta) 89.6l 2l 0l l l l 32l . l(A) 134.4 l 2l 0l J l l 33l  ! l(A) 20.0l_ 1l 0l l l l 34l { l(A) 64,3 l 2l QlCapacitorBank ] 1l 10,800l 35l l i(A) 72.6l 2l 0lCapacitorSank l 1l 10,800l 36l - l(A) 48.0l 2l 0lcapacitorBank l 1l 10,800l 37 l j l(A) 44.8l 1l 0l l l l 33l  ! l(A) 44.8 l 11 0lcapacitorBank l 1l 5.400 l 39l l , f(A) 224.0 1 1l 0l } j l 401 , l .. . . ..  ; Page bli l I i l [ t

   .,~,,.,-,...-,,-n..n.,.                 .,.n__,-_,_.                   ,        , . . . . - . - - - - , ,            - . , ,           , . , . . , , , , , , . . - ,                - - , , - - -                       -

PUBLit 1(tytti MMrAhv Of h(W >AM65NIRf tec. 31, 1990 an Originat

                                                                     $,Bst A110kl (Cont inued) l l         l                                                                      l                            l                votfAGE (in Mva)                               l l          l                                                                      l   Chtracter of             l*'*'*''''''                                        *l l Lino I            ha"* and Location of lubstation                               l     $ubstation             l     Primary        j lec order y l fertiary l                    i l he. l                            (a)                                           l           (td               l         (c)        l       (d)         l        (e)           l  l j.. ..l.            .. .. ...... ... ......... .. .... .. .... ... .. ........... .... ... .                                          ........................j                  J l      1 lLong N!il                               ltashse                        l    transmission             l            115.0l              34.5l                 0.0l       )

l 2 l Lost Naticd. lGroveton l Transmission l 115.0 l 34.5 l 0.0l l 3 lva m ry laadbur y l 1ransmission l 115.0 l 34.5 l 0.0l l 4 lMa~rvath ed. l L oNorcer r y l Transmission l 115.0 l 14.5l 0.0 l l 5 twerrinack e230sv l Bow l 1ransmission l 230.0 l 115.0 } 0.0 l l 0 lu onedwet lfroy l Transmission l 115.0 1 34.5 l 0.0l l 7 lkorth Road l $ wr. ape e l transmission l 115.0 l 34.5 l 0.0l l 8 l North Woodstock lWoodstock l transmission l 115.0 l 34.5 l 0.0 l l 9 l0cean Rd. l0reenland l Transmission l 115.0 l 34.5 l 0.0l l 10 l8 e+1ge. asset l=crthNavton l Trensmission l 415.0 l 34.5 l 0.0l l 11 lteeds ferry lMerrimack l Transm6ssion l 115.0 l 34.5 l 0.0l l 12 ltesistance jPor n muth l fransmission l 115.0 l 34,5l 0.0 l l 13 lR imon lCoffstown l Transmission l 115.Jl 34.5 l 0.0l l 14 l Rochester lR oches t er l Transmission l 115.0l 34.5l 0.0l l 15 lSaco vatter lConway l Transmission l 115.0l 34.5l 0.0 l l 16 l$ccbie fond lL ordorde r ry l Transmission i 345.0l 115.0l 13.8l l 17 l5ewth Milford lMllford l Transmission l 115.0l 34.5 l 0.0l l 18 j f ietser 5.am lNamton l Transmission l 345.0l 34.5l 0.0l l 19 l webster l Franklin l transmission l 115.0 l 34.5 l 0.0 l l 20 16.estport lWinchester j fransmission l 115.0l 69.0l 0.0l l 21 lwM tefleid lwhitefield l transmission l 115.0 l 34.5l 0.0l l 22 ivMte take ltamworth l Transmission l 115.0 l 34.5 [ 0.0l l 23lstationsLessthan10Mvh(1)l l l l j l 1 2'l l l l l 1 l l 25 l total transmission l l l l j l l 26 I I l 1 i l I i 2F l l l 1 1 I I l 28 l ash Street l0erry l Distribution l 34.5 l 12.5l 0.0l l 29 lAnheuser Basch lMerrimack l Distribution l 115.0 l 12.5 l 0.0l l 30lStackBrock lCitford l Olstribution l 34.5l 12.5l 0.0l } 31 laridge St. lkashua l Otstribution l 115.0l 4.2l 0.0l l 32 IBridge st. jhashua l Distribution l 34.4 l 4.2l 0.0l l 33 l8tock St. jhanchester l Distribution l 34.5 l 13.8l 0.0l l 34lfrontSt. lNashus l Olstribution l 34.5 l 4.2l 0.0l l 35 lJachacn Mi'l lPortsmouth j Distribution l 34.5 l 12,5 l 0.0l l 36l(eene jneene l Olstritution l 115.0 l 12.5l 0.0l l 37 lLi t tle.or th **. l Dover j Distribution l 34.5 l 12.5l 0.0 l l 38 l Meeting % se d. jBedford l Olstribution ] 34.5 l 12.5l 0.0l l 39 lMlltyard (Washua l Distribution l 34.5 l 4,2l 0.0l 1 40 lPorttand St. )RMhester l Olstribution l 34.5 l 12.5 l 0.0 l (a) 48 ting With Oegigned tooting Iristalled Page 426a h J

Puollt litVitt CoMPAki of EtW HAMP$NIRt occ. 31, 1990 An ortglhat SVll1 Atloal (Continued) l Capacity of l l l CCovittlow APPARATUS ANo $PICI AL toulFMthi l l l $wt>s t a t ion l hster of l WJter of l"...""""'.'"""'.'"."".'."..."] l l (In Service) l Transforpora l $ pare l Ine of l ha'ter of l Total l l l (in sva) l In Service l T r ans f ornera l (quipent l Unite l Capacity lLine] l (f) l (e) l (M l (1) l (j) l (k) l Wo. I j...............................................................................................................i 1(A) 64.61 2I olCapacitorsank l 1l 10,e00l 1l l(A) 56.0l rI olCapeltersank l 11 7.200l rl l(A) 89.61 2l oI l l l 3l l(A) 44.8l 1! ol l l l 4l l(A) 240.0l -1l 0l l l t sl l(A) 48.0l 2l 0 ! Capacitor sent l 11 3,6001 61 1(A) 89.6l 2I o lcapactter sank I i1 $.400l rl l(a) 64.si 1 l- ol i t i a1

          -l(A)                      89.61                 2l                    0Itapacitorsank         i                1l               10,8001 9l l(A)                     20.0l                 1l                    0l                      l                    l                     l 10l l(A)                     44.el                 tj                    oi                      l                    i                     l 11 1 (A)                   A4.el                 ti                    ol                      l                    l                     l 12 i ll(A)                    44.sl                 1l                                                                                       l 13 l

(' ] l(A) 44.0l 1l ol 0 l Capacitor tank l l 1l l 10.800l 14 l l(A) 44.8l 1[ 0 lCapacitor Bank l 1l 5,4001 15 l l(A) 448.0l 1[ o lteactor l 2l 80.000 1 16 l l(A) 44.8l 1l o l Capacitor Bank l 1l 10,800 l 17 j l(A) 140.0l 1l oj j j l 18 l l(A) 56.0l 31 0l l l l 19 l l(A) 20.8l 1l 0l l l l 20l 1(A) '4.6l 1l 0ICapacttorsank i 1l 7,200 1 21 l l(A) 76.0l rl 0 l Capacitor Bank l 1j 5,400l 22l t 1.sl 3l oI l j i ts j i...................l...............j................l j................l.................i 24l 1 3,sts.4l 6al 1l t 19i tr9,6col 25i j.................;...............l................l j................l.................l 26 l 1 1 I I I I I it l l(A) 10.5l 1l ol l l l sl 1 16.ol 1I o1 l l 1 29 l l(A) 10.5l 11 01 l l l 30 l l(A) 13.3 l \l 0l l l l 31 l 1 1051 31 0l 1 1 I 32 l 1(A) 19.9l 2l 0lCapacitorBank l 1l 10.600l 33 1 1(A> 10.5l 1I oi I i l 34l l(A) 10.5l 1l cl l l l 35l l 69.al 4I ol l t l 361 1(A) 10.5l 2l 0lCapacttorsent l 11 900l 37 l l(A) 10.5i ri ol l l l 3s 1 12.5 1 2l 0l l l t 39 I O 1(A) l(A) 10.5 l 21 0l 1 l l 40 l Page 42Ta

PUBlic litvlCf Ctwakf of h(W MAplWit( Dec . 31. i'RC An Orl0ltial

                                                                        $U61f AflC*1 (Cont inued)

I I I l l l l l l VOL f Af.! t in Wa) j l i I Character of I.........................

                                                                                                                                                                            -l lLiro l                N a"* aW Loc a t ion o f l As t a t ion                   l        $ 4 station                 l   Primary       l $*tondary l feettery                l I do. l                                   (a)                                    l             (til                   l     (c)         l     (d)          l      (e)         j j....j.         . .. . .. .............. ........ . .... ........ ................ ........ ... ........................ ..
                                                                                                                                                                          ..)

l 1l$ cot'leFond 10erry l Distritution l 115.01 12.51 0.0 l l 2l lor'ers.e-rth llomers. orth l D i s t r i tut i on l 14.5 l 13.ti l 0.0l

} } llo. Sanc> ester                                  lWanchester                l       D i s t r itut i on          l          34.5 l            12.5l                0.0l l       4 l$tati vs Less fFan 10 W A (136)l                                      l       D i s t r i tu t i on        l                  l                  l                  l l 5I                                                 I                           I                                    I                  I                 I                   i l 6l                f etal Distritution              l                           l                                    l                  l                 1                   j l        7I                                          I                           I                                    I                  I                 I                   I l Ql                fetal Stations                   l                           l                                    l                  l                 l                   l l 0l                                                 I                           I                                    I                  I                 I                   i l      'O I                                          I                           I                                    I                  I                 I                   I i 11 I                                               I                           I                                    I                  I                 I                   I I 12 I i il I I

I I I I I I I I I I I g I i' I I I I I l l l 15 I I I I I I I i 16 I I I I I I I i 17 I I I I I i  ! I 1B l l 1 I I I I i 191 I I I I I I I 20 1 I I I I I I I 21 1 I I I I I I I 22 i l I i l I I I 23 I l i l I I i l 2' l l l l I I I I 25 I I I I I I I I 26 I I I I  ! I I I 27 I I I I I I I I 28 1 I I I I I I I 29 I I I I I I I I 30l I i i l i l I 31 1 I I I I I I I 32 I I I I i l i I 33 I I I I i I i I 3' I I l 1 I i l I 35 I I l l 1 I I I Mi i l l I I I I 3r 1 I l  ! I I I I 30 l l I I I I I I 1 3' I

      'O I I

I I I I I I I I I I I h (A) Rat!ng With Cesigned Cooling Installed Page 426b

PulLIC Stevitt ConFA410F 6tW NAmtlzlt! Dec. 31, 1990 An Original IVllf Atlohl (Contirwad) I Capacity of I l l CpwyttllDN A8P ARAf vl Ak0 $PECI AL I9uttathl' l l l 1 4ttation l kster of l hster of I'.""."""."".""."".'" "."'.'1 l l (in lervice) l Transformers l Spore i fype of l hstier of j total l I l (In MVa) l In Service I fransformers l (meliv'ent l Units l Capacity lL irse l l (f) l (g) I (h) I (i) I (j) l (k) l 4 0. I l..... .. .... ...... ... .............................. ....................... ............ . .. .

                                                                                                                                              ....I li )

A 25.01 11 1I I I I 1I i 12.0l 31 0I I l l &I l(A) 10.5l 11 0l I l l 3l l 493.e1 262i eI i 16l 2s,215 1 4l j................;...............l...............;  ;.. .. .. ...;........ .....I gI I 7$6.8 1 290l 9l l 18 l 39,91$ l 6l l..... .. ... . .j...... .

                                            ......j..........      ....I                        l.............l.....
                                                                                                                                         .l       7l l                 $,719.6 1               397l                   11 ]                       I              37 l             269,5151         8l
    ;....................l.n .............j............... 1                                    l................l.................I             9l I 10 l l                           1                  l                     l                                           l l                           I                  I                     i                     l                    i                      I 11 1 I                           l                  1                     1                     I                     I                     i 12 l i                           I                  I                     I                     I                    I                      I 13 I Oi l i

i i I i I i I i I i i i 15 1 I I I I I I i 16 I I I I I i l i 17 I I I I I I I i 18 I I I I I I I i 19 I I I I I I I I 20 I I I I I I I I 21 I I I i l I i l 22 I i l l I I I i 23I I I I I I I I 24 i l i I I I I I 25 I I I I I I i 1 26 I I I I i 1 1 I 27 I I I I I I I I 2e l I I I I I I I 29 I I I I i l I i 30l I I I i i l I 3t i I I I I I i l 32I I I I  ! I I I 33 l 1 1 I I I I I 3'I I I I I I I I 35l I I I I i l I 36 l l l 1 1 I i l 37 I I 1- 1 I I l l 3ai I I I I I l l 39 I OI ... . I I i l l l

                                                                                                                                       . . .'o I Page 427b                                                    heat Page is 429

0 INil PAGE HAl B(IN lhif ht!Oh AMY LIFT BLAhr O O

                                 - . . . . _ . _ _ - _ - .                                   _ - _ . - - .                . - _ - - --- . .                                                                                _    . ~ _ _ _ _ -          - - - -

i 4 PUSL IC ltivlCI CCMP Akt Of ht W kAmtlNitt Dec. 31, 1990 An Original (LICitlC Ollfelbsflot NElfil 460 Llhi. TRAhlf0cmitt i [

1. Report teelow the Inf ormation called f or concerning are held under a lease, ghe na'ne of lessor, date and j dt st ritNtion wat t hour treters ard t ir e trans f ormers, feriod of lease, ard annwat rent. If $00 or more reters  :

2. Include mett.hout demard distritution meters, but or (Ire transforners are held other than by reason of )

not enternal demnid neters. sole ownership or lease, give nane of so owner or other  ! 3, $how in a footnote the twrter of distrtLwtlon wetta party, esplein tesis of accomting for eyentes tetween I howr meters or line transf ormers held try the respardent the parties, and state asets ard accounts ef fected in  ! under lease f rom others, jointly owred eith others, or respordent's teoks of account. Specif y in each case j held otheralse than t'y reason of sole ownership 17y the = Nether lessor, co owrer, or other party is an associ- t respondent. If 500 or more neters or line transformers sted ccr 4ny. I t f f

                        .           . ...............                              .    .. .... .. . ..... .... . .                            ...                .. .... .                          ... ...                         . .. ..                   )

I l l l l L ire f ransf ormers l l l l l.... ..... ..... . ...

                                                                                                                                                                                                                                                   ....l        ,

l l l hster of Watt. l l fctal Caracity l [ lLine l Item l Hour meters l kster  ! (In Wa) l l 1 **. I 4) I ( r> > l (c) 1 (d) l l

j. .

l r l 1 l 4.rder at Beginning of veer l 507,980 l 120,702 l 4,277l j l l I I I I  ! l 2lActionsDuringYear l l l l t 3j tw rchases l 6,593 l 3.762 l 67 l t j 4 l Associated with Ut tlity Plant Acovired l l l l l l j. ..l.. ..). .l l 5l 10f AL Additions (Inter total of lines 3 and 4) l 6,593 l 3,762 1 67 j h l l j. . . .....

                                                                                                                                                                       .l.                      .
                                                                                                                                                                                                                 ..j..                   .
                                                                                                                                                                                                                                                    ...t        >

l 6 l Re actions During tear l l l l l l 7l R e t i r erent s j 6,251 l 1,947l 56 l l 8j Associated with Utility Plant sold l l l l j [ j..................l.... .. . . l... .... .. [ , l 9l 10f AL seductions (Inter total of tines 7 ard 8)l 6,251 l 1.947 j 56 l f i i . j

i. ..... .. .. ....i. ....i. . .. ..l l 10 l hstar at tnd of Year (Lines 1

• 5 9) l 508,322l 122,517l 4,288 l  ;

               }             l                                                                                                j.. ... . . ......l..                                        .           . .
                                                                                                                                                                                                                  .l..                               ..l       ;

I I I I I I l 11 ! In stock l 10,273l 3,957 l 366 l , l 12 l Lotted Peters on Customers' Premises l 16,802 l l l l 13 l Inactive fransformers on System l l 18 l l l 14 l In cas vers' use l 479,043l 118,315l 3,901l ' l 15 l In Ccmany's use l 204 l 227 l 21l  ! l l j. .... ..........l.. .

                                                                                                                                                                                       .........l.........                                     ..
                                                                                                                                                                                                                                                     ..l       l l 16l                          10tAL (nd of tear (inter Total of tires 11                                     l                                           l                                           l                                   l     !

l l to 15. This line should caual line 10.) l 3C8,322 l 122,517l 4,258l k f t e i tage 429  ! i i

 , _ . . ~ , _           _ , _ . , . _ _ _ . - _ , . - _ _ . , _ . _ . . . _ _ . -
                                                                                                 ._,..,_--m                           . , , , _ . , ~ , , . . . .               -.m,__           .,. . _ _ . .

Futt ic service Ctopany cf heat aanpshire Dec. 31, 1W3 An Original (hvlRDAwint AL IR0f f C1104 F Atllit!(t

1. fcr psrpcses of this r esponse, envirorcentat pr otec t ion (2) Changes necessary t o ac c cvvoda t e use o f e*,vi r on.

f acilities s*sti te cefined as any tvilding, structure, centally clean f ets ssch as low ash or low sul-s'asit rent , facility, or ivrovement designed ard constructed fwr f uels inc twding st orage and baNiing easip+ent notety- f or control, redac t ion, pr evention or abater'ent of (3) kanitoring ewirrent discherpts or releases into the en ircerent v of gaseous, (4) Other, Ligaid, or setid substances, test, noise or f or the control, 8. water gollution control f acilitiest redsetion, prevention, or abatenent of any other aJverse im. (1) Cooling towers, ponds, piping, tarps, etc. pact of an activity on the envircerent, (2) Weste water treatment equi; rent

2. Report tre dif ferences in cost of f acilities instetted (3) senttery waste dispcsat equisreet f or envirw+ntet considerations over the cost cf alterna. (4) Oil intercepters tive f acilities which would otherwise te weed without en. (5) ledinent cretret f acilities veterreatal considerations. Use the test engineering design (6) kanitoring eadtrent achie.stle without envirorrentat restrictions as the basis (7) Otter, for ceteorin&g cests without env i r orrent al c ons i de r a t i ons . C. Solid weste dis W lat costs:

it is not irteMed that $seclat de6 6pn studies te made f or (1) Ash Pardling ord disposal equi $cent cor poses of this relD nse. Base the restese on the test en- (2) Land gmeering ;uneneat where altect cover tsons are not avait. (3) lettling ponds able. (6) Other. Include in "ese dif f e*ences in costs the costs er est t- D. helse st atement easirrent ! mated costs of envire' rental protec tion f acilities in ser- (1) Structw es e vice, cor3testted or rWi f ied in connec t ion with tFe pr o- (2) us tflers (fuc t i on, tra-sH ssion, and distritutlen of electrical energy ( 3 ) $ ouM pr o c t i ng eqd p'ent and st all t,e repor t ed berein f or such envi r oernent e t f ac i t t a (4) koni ttr ing todtrent ties platVd in service on of af ter Jarwary 1,1$69, sp (ong ($) Othge, al it is readily deteminal?te that such f aCllitlts were c0n+ f. Isthetic costs! stra ted or %di f ied f er envir orVSertal r ather than oper a' (i) Architecturat CCsts ti$nal tup?ses. Also report sieller enpenditures f or ergl- (2) towers ronrent al clart inc luded in const r uc t ion work in progress. (3) undergrour d licies (stimate tFe ccat cf facitttles when tre origiral ccst is (4) Landatering not available or fac!Lities are joially owned with anotter t$) O Per. Utility, provided tre respcNent earlains the tests of ssch F. sdditional p!aet capacity necessary dse te restricted estimations. output from esisting facilities, cr atit 'on cf poliv-Davles cf tFese cents wwld incivde a portion of the tion control facilities. costs of telt smest ack s, undergr oand L ines, and leMscated C. Miscellentovst substat ler.s. [sclain sw;5 costs in a f ootnote. (1) Prefaration cf end r w ental repcr*$ 3, in the cost cf f acilities report?d on this page, inclWe (2) f ish aN wildlif e plants inc tv1ed in acca.unts 330, an est wated portion cf the cost of plant that is or wilt tw 331, 332, and 335. used to prhide pcuer to operate associated envirorrental (3) Parks a N related facilities protection f acilities. These costs may te estimated on a (4) Other, fercentage of plant basis. bplain such estimations in a 5. I n t hose ins t anc es wher. c c s t s ar e c erycs t t e s c f both ac t ual footnote. sgoortable costs aM estimates of cests, specif y in colmv1

4. sepcrt all c sts un der the majer classifications provided (f) the actual costs that are included in colwr1 (e),

t1elow a%f inctuce, as a min!mm, the items listed Sertander: 6. FeNrt construc t ion work in progress relating to environ. A. Ai r pc t t ut I D" C ont *ct f acili t ies t rental facllitits at tine 9. (1) Sc r t?ber s, prec ipi t at ors, tall sN k es t ac k s, et c. CvAGl$ DVRld t[AR

                                                           **     *      *     *            *              *        **

• Batence at End Actual Line Classification of Cost Additions tetirements l Adj us tnent s of Veer Cost

40. (a) (b) (c) l (d) (e) (f) 1 ! air Pol l# tion Control f acilities 52,967,521 1,500 0 89,918,492 89,918,492 2 Water r ctivtlen Control f acilities 277,013,137 0 0 290,258.008 290,258,008 3 Solid waste Disreset Costs 18,982,004 0 0 22,338,838 22,338,835 4 =cise statement f asirrent 0 0 0 1,348,253 1,348,253 ,

5 Esthetic Costs  ?,927,324 72,538 0 19,765, W8 19,765,W8 6 additional Plant Capacity 0 0 0 2,124,381 0 7 W scellanenus U dentify significant) 16,256,461 0 0 21,847,478 21,847,478 8 10 tat tictet of lines 1 thru 7) 367.146,447 74,038 0 44 7,601,4m 445,477,067 9 Cont.tr ction work in Progress auxxxxxxxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxxxxxxx 0 0 hotes: Line 6 Estimated on a percentage of plant basis Line 7 15,591,017 Fish, wildlif e and Ac:reationat Plant gnvircrental studies Fish Ladder Design for herrimack River Froject a1693 Fish Passage Facilities Amest eag, Hock set t, Carvin Falls, (astman Falls and Ayers litand

                                      $ chit ter twitcNear toorn
                                      $ chit ter Electronics Acorn Data reported on this schedste does not include resporeent's ownership of w. f. man ko. 4 (3.1433M aM Millstone No. 3 (2.8 750. Ccaposite cate f or the plants is separately reported by the retrettive operating comany (lee pages 1Cla a'vd 103b).

Page 430

Pv6 kit it8vlC1 CPF Att Of hlw d#lutti tet. 31.iWO An Original

    . . ...                .                              .      .... .. ... . .. ... ........ .                                        ,,                      +...

tula:AnthtAL s pott (tite Earthstl

1. Ste. t e t te e s s enses inc urr ed in C t&te t t en wi th t kt rwntally preferette fwels or envir o" rental regst ations use cf eniitorrental protection f 6Cilities, the test of of g:.errrental tadies. Best tre prete of rettoCeaent

 .M C h a r e r escr t ed on pag e 630. eere it is aetessary                              so.er torchased on the average svitee price of rurChase1 t h a t a l l oC 8 t I Dhl Ord/ or ti t i ma l tl o f C 05 t l te Meade ,                 pt+tr { f the 4t t W4l C C'll C f SuC h r epl 8C teent $8C'ett il not State tkt talit or Pe thtd v$ed.                                                          known, Prlte lhternally generated repl6Cteent lower et

2. InCi We telCe tbt CG5tl incurrM due to the crerstlen the Byttte Over699 Colt of $v er generated if the *Ctwat cf e* v i r crrent et pre t tt t lon e:tsipment, f 6C ll( t ies, ord Cost of tretitlC repletenent generation is not known.

prts'Ama. 6. Uraler i t em $ i nc l ude ed v 8 t or e* t's;f C t h e r t e n e t th'

3. E tC4r l eepenstg goder tbg gdt eggir,gg { { gt M (glow, gggged glreCtty on or direCtlY efl8t#DIt t C Inv I r orren*

6. V' der i t e* $ r epor t thf dl f f trenC t in CCit tetsten tel f4Cllitlet. Al50 i hC l Jje Ur*Je r l i t** $ l l C t ml i ng s'd env irorrent stly Clean f att s trd the et ternativt fuelt timilar f et3 on such f6Cilitiet.

t*81 mWld Otherwise te vled 4"d art evellebit IDr ult. 7. Ih tho$t i hl t ant el w* t r e e 8 fent el e t t C trg(l ed c f tG t h

 $ , 73e r i t em 7 i nt '. ude t h e ( cs t o f r epl aC 9"ent powe r ,                   S C t wa l s Jpttr t et< l 0 da t t O'd t t t i nd t t t O f C 0416, Stet i f y p#:* 0ted or gener tt d, t o Ctetentat t for tbt deftCitoCy                               6 n C Cl #F) (C) 16 9 6L t wa t engenget that et t INiuded in i n n,t gy t free tai 5 ting plaatt due to t&t eilition of                               C o t #ti (b).

Ca n t.,t len C cht r et eas i ts' vet , wie of al t ernate environ-

  ! Lint l                                 Clestification cf tigertes                                       l          Awt                   l      Ac tval (stertes           l i hc. l                                                    ta)                                            1             ( t- )             l                (C)              l

j. . . . . .

                                                                                                                                                                             .g i          l                                                                                              I                                I                                 I l      1 l Decretistion                                                                                   l                  2,322,253 l                       2,222,253 l l      2l L ater, maint enanc e, wat er lat s. a*4 $ M iet C:s t                                          l                                l                                 l l          l      6 elated te ( N facitttles a"d Pr: grams                                                l                  e,335,251 1                       4,135,2$1 l l      3l Fuel Related Costa                                                                               l                               l                                 l l      4l         Operation of f ac       ilitiet                                                          l                             0l                                  l l      5l         fly Ash and swtfwr Stuage Re m et                                                        l                 5,320,911 l                                     l l     f; l       O f f f erence in bst Cf Envircerentatty Clean tsels                                     l                             0l                                   l l     7l #epla:ement fewer C;6ts                                                                          l                  1,121,378 l                                     l l     8l Teres and fees                                                                                   l                  1.5 B k,323 l                     1,$B9,323 l l     9l 13*inistrative and Ceneral                                                                       l                                l                                 l l 10 l Ctrer (!dentify significant)                                                                        l                   504,783 l                          $?6,783 l l         l                                                                                               1                               1                                  I l 11 1 10 t A'.                                                                                           l               15,tJ3,2?9 l                        9,251,610 l
      %; test L i r-e 7      (stinated on Basis of System Cost Line B       inctuaes $209,091 for tiCensing fees Line 10      1$04,723         werrin.ack River $ tub we rrimack River mo nitoring Mer rimeCh St at ion Air rot tution Control f acilities StaW H aTt ore M 3 r tsor a'd '. e a r O f f b ^0r e I t ud i t t
          $ eMe0 i at i bn and I e t t i b t 810 18 A ( 3 gena $ $ r e e s t I Rd t e*$ a%QMt $ ha ged QQ y g F i pyg Cyprgglg(( gin ged {gg rg{gg Oata reMrtes on thig gC*chte d:et ngt include restcedent's owner 6 hip of W. f. Vrnan ho. 4 ;3.1433%) a'd u l i . '!ne no. 3 (2.8475%) secaratety resortes by the resrettive eseratirig Ccatanies (see rages 103a a o 1:3b),

O

                                                                                  ,a,e     3,                                                         .e., ,a,e .. ,e

l Puttit Mtyltf COMPAkt Of htW hAMPlatti b et . 11, 1990 An Origtrel F00fs018 CATA  ; I Pe e. I it I retum i l l ner i ser i sai e I ca..ni. l l l <ai I (b) I <e I <d> l . [...................................................................................................................l l l l l 1 1 I I I l l l l l 7001:4f 8 DATA ItCLLDED (W APPLICA$tt P&Cill I l l l l l l l l 1 1 I I I l l l l l l l l l l l 1 1 I i l l 1 1 I I I I I I I I . I I I I I I I I I l l I I I I l l l l l l l l l 1 1 i l l I I I I I I I I I l l l 1 l i l l l l \e I l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l 1 I l i I I I I I I l l l I L l l i I I I l l I l l l l l l l l l l l l 1 1 I I I I I I l i I I l l 1 1 I I i I I I I I l l l l l l l l l l l l l 1 1 I I I I I l l l l l I I I I I I I I I I I I l I g I Pepe A50 i

INDEX Schedule Page No. Accrued and prepaid taxes . . . . . . . . . . . . . . . . . . . . ..... ... .... . .... ....... 262 263 Accumulated Deferred Income Taxes . . .... . ..... ... ........ .. ......... 234 272 277 Accumulated provisions for depreciation of common utility plant . . . . . . . . . . . . . . . . . . .. . .. .... .. ............... ..... 356 utikty plant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... ....... ............... 219 utility plant (summary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200-201 Advances from associated companies . . . . . .. . ........ . ............. ........ ..... 254257 Amortization miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . .... ..... . ........ ............. 340 o f n ucle ar fuel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202 203 Appropriations of Retained Earnings . . . . . . . . . . . . .. ......... ........... .. . 11 &119 Associated Companies a d vanc e s from . . . . . . . . . . . . . . . . . . . . . . . . . .. ...... . .. ........ .... 254257 corporations controlled by respondent . . . . . . . ........ ......... .. .. . .... 103 control over respondent . ...... . ...... ... ............ .... .. ....... 102 interest on debt to . . . . . . . . . . . . . . . . .. . . ... . .. ... . .. 25& 257 Atte station . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. . . ...... ... . .. .... . 1 Balance sheet comparative . . . . . . . . . . . . . . . . . . . . . . . ....... . . ....... . ..... .... 110 113 nr,tes10.............................. .............. .... .. . ......... 122 123 (1onds.............................. ... .............................. .. ..... 254257 C apit al S t oc k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 251 d isco u nt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... ... ...................... .. 254 expense............... .... ...... ..... ......... ....................... 254 installments received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 252 premiums.................................................................. 252 r e a cq ui r ed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 251 s u b sc ri bed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 252 C ash flows, statems nt of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123 121 Changes important during year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ........................ 104109 Construction ove rh e ads, electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 217 overhead procedures, general description of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 218 work in progress - common utility plant . . . . . . . . . . . . . . . . . . ...................... 350 work in progr ess - electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216 work in progress - other utility departments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200 201 Control corporations controlled by respondent .......................................... 103 over r e spondent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 security holders and voting powers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104107 Corporation controlled by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103 incorpo ra t ed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . '. . . . . . . . . . . . . . . . . 101 C P A background Information on . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101 CPA Certification, this report form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wi r 5 1 FERC FORM No.1 (ED.12-88) Index 1

INDEX (Continued) Schedule Deferred Page No. g credits, other. . . . . . . . . . . . ... .. ...... .. . ... ....,. ....... ..... ..... 269 debts, miscellaneous . . . . . . . . . . . . ..... . ... ... .. . . .... . .. 233 income taxes accumulated - accelerated amortization property . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...... ...... . 272 273 income taxes accumulated - other property. . . . . . . . . . . . . . . . . . . . . . . ....... 274-275 income taxes accumulated - other . . . . . , . . . .... ... .. . .... ..... .. 274277 income taxes accumulated - pollution control facilities . . . . . . . . . . . . . . . .. .. .. 234 Definitions, this report form . . . . . . . . . . . . . . . . ..... .. .. . .......... ..... lil Depreciation and amortization of common utility plant. . . . . . . . . . . . . .... .. . .. . . ..... .... ... ... 356 of electric plant . . . . . . . . . . . . . . . . . . . . , , . . . . . . . ...... ....... ....... 219 33G338 Directors . . . . . . . . . . . . . . . . . . . . . . . . ... ...... ........ ... ................ 105 Discount on capital stock . . . . . . . . . .. ..... .. ...... . .. . . .. .... . ..... 254 Discount - premium on long-term debt . . . . . . . . .... ... .......... ... .... 25&257 Distribution of salaries and wages. ..... ... .. ... . ... .. .. . ...... . 354 355 Dividend appropriations . . . . . . . .. . .. ... .

                                                                        ,                               , .. .          .        ... .. . ....                 118 119 Eamings, Retained . . . . . . . . . . .                      .                 .... .. . ..
                                                     .               ..                                               .......             ..      ... ..       118-119 Electric energy account ........                               .      .        . .              .....                         .. ..           .....       . 401 Environmental protection expenses................                         .....              . .. ..             . .. .. .. .                 .. .. . ... .....                   431 f a cilitie s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .               .......             . .. .. ..                .......        430 Expenses electric operation and maintenance . . .                                .      .. ........ ....            . ........                  .... ..        320 323 electric operation and maintenance, summary. . .                                         .. ............. ..............

u n amortiz ed d ebt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............ . . 323 256 h Extraordinary property losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............... 230 Filing requirements, this report form . . . . . . . . . . ....... ................ .... . 1-11 G0neral description of construction overhead procedure. . ..... .... ........... .... 218 General information . . . . . . . . . . . . . . . . .. . .......... .... . ..... ... ...... 101 General instructions . . . . . . . . . . . . . . . . .... . ........... .... .. .......... 1-vi Gcnerating plant statistics hydroelectric (large) . . . . . . . . . . . . ... .. .. .. . . ....... .. ... . . 404407 pumped storage (largn) ... ........ .... ...... ..... ... ........... ... 408-409 small plants . . . . . . . . . . . . ... . ... . . .. . .. . ................... .... 410 411 steam-electric (large) . . . . . ...... . . . .. ........................ . 402-403 Hydro-electric generating plant statistics. . . . . . . . . . . .......... ..... ...... 406-407 Ide n ti fication . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... .... 101 Important changes during year . . . . . . . . . .... .......... ... ..... .... ......... 108109 income statement of, by departments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 114 117 statement of, for the year (see also revenues). . . . . .. . . .......... ..........., 114 117 deductions, interest on debt to associated companies . . . . . ............. . ...... 340 deductions, miscellaneous amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 340 deductions, other income deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , 340 deductions, other interest charges ..... ... ........ .. . ...., , , ..... .. .. 340 incorporation information ......... .-. ..... ....... ...

                                                                                                                       .......           ..........             101 Installments received on capital stock. . . .                               . .. ...
                                                                                                 . ... . .. ........ ...... ..                                  252 O

FERC FORM NO.1 (ED.12 90) Index 2

INDEX (Continued) Schedule Page No. Interest charges, on debt to associated companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 340 c ha rges , other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 340 charges paid on long-term debt, advances, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 256-257 investments non utility pr ope rty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 221 s u bsidi ary com panie s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 224 225 Investment tax credits, accumulated deferred . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 266 267 Law excerpts appilcable to this report form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . lil-IV List of schedules, this report form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

                       . L o n g t e rm de bt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                    256-257 Losses - Extraordinary property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                             230 M a te rials and s upplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                              227' Meters and line transformers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                     -429 Miscellaneous general expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                  335 Notes to balance sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , .                             ..........................                            122 123 to statement of changes in financial position . . . . . . . . . ., ....... .... ..........                                                                           122 123 to statement of income ..,............................... .. ..... .........                                                                                         122 123
                              - to statement of retained earnings . . . . . . . ...............,...,,...............,                                                                                122 123 N o n utilit y pr o pe rty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . .                        221 N uclear f uel materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                  202 203 -

Nuclear generating plant statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 402 403 - Number of Electric Department Employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 323 Officers and officers' salaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 Operating e X pe n se s - electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . 320-323 e x penses - electric (s ummary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . 323 Other pald-i n c ap it al . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253 donatbns received from stockholders . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253 gains on resale or cancellation of reacquired capit al s toc k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253 miscellaneous pald-in ca pital . . . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253 teduction in par or stated value of capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253 Over head, construction - electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -217 Peaks, monthly, and output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ................... 401 Plant, Common utility accumulated provislon for depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . 356 acq uisition a djustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 356 allocated to utility departments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . 356

                              . completed construction not classified . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . .                                            356 Corist ruction Work in progre sh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                   356 expenses...........                                ...................................................... .

356 held for f ut u r e u se . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 356 in service .. ......... ..... ............................................... 356 le ased to othe rs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 356 Plantdata...................................................................... 217 218 336 336 401 429 I ' I FERC FORM NO.1;(ED.12 87) Index 3 L _

INDEX (Continued) Schedule Plant - e;octric _Page No. h i 1 accumulated provision for depreciation . ........ .. .............. .. ... . . 219 construction work in progress . . . . . . .. .. . .. .... .. . .. ........ 216 held for future use . . . . . . . . . . . . . .. . ... ...... . .... ......... .. 214 in service . . . . . . . . . . . ...... . .... . . . .. .. .... ........ ... 204-207 leased to others . . . . . . . . . . . . . . . . . . . . . . . . ...... . ... .. . ....... . 213 Plant - utility and accumulated provisions for depreciation amortization and depletion (summary) . . . . . . .. .. . .... ..... . . ....... .. 201 P:llution control facihties, accumulated deferred income taxes . . . . . . ..... ... .. .. . . . . . .... .. .. .... .. .. 234 Power Exchanges . . . . . . . . . . . ..... .... .. . . ..... . . .... . . . ........ 326427 Premium and discount on long term debt . . .. . ... . .. .......... ... .. .... 256 Pr:mium on capital stock . . . . . . . . . . . . . . . . . . . . . . .

                                                                                                                                                                                         . ..... ........ ... ...                                                                                                  251 Pr: paid tax es . . . . . . . . . . . . . . . . . . . . . . . . .                                                                        ...          ..                     .        .    .... .......                                                                          262 263 Property - losses, extraordinary. . . . . . . .                                                    .. .           ,.                          . ...                      ....... .... ...                                                                        ..                 230 Pumped storage generating plant statistics                                                         ..      ..                         .. . .                          .        ...                .                                   . ....                                     406-409 Purchased power (including power exchanges) . . .                                                                        .                        ...                   .          ..      . .                                                .....                              326-327 R: acquired capital stock . . . . , , . . .                                                   .    ..         .          .              .            . .. .. . .                             . . ..                                                                           . 250 R: acquired long term debt . . . ... .. ..                                                         .       .                          .                              ....          .......                                                    .. .                               256 257 Receivers' certificates. .                                    ........ .. ..                           .        .                  .       ..                                .... .... . ......                                                                                  256-257 Reconciliation of reported net income with taxable income from Federal lncome taxes .                                                    ....      ...                             ...          ...                  .
                                                                                                                                                                                                            ..... .. . ... ....                                                                                    261 Regulatory commission expenses defe'rred. .                                                            ... ..... .                                .
                                                                                                                                                                                                . . .... .... .........                                                                                            233 Regulatory commission expenses for year . ...                                                                   .. .                            . . ......... .............                                                                                                      .550-351 Research, development and demonstration activities ... .

R:tilned Earnings

                                                                                                                                                                                    ...                   ... ...... .... .                                                                                    352-353    g amortization reserve Federal . . . . . . . . . . . . . . .........                                                                                             .......... ... ..... .                                                                                         119 appropriated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ...                                                                                     .....................                                                                                    118-119 statement of, for the year .... .. .                                                           ............. . .... ..... .. ..........                                                                                                                                    118 119 unappropriated . . . . . . . . . . . . . . . . . . . . .                                           . ....                         ....           ... .. .................                                                                                                  118 119 Revenues - electric operating . . . . . . . . . . . . . . . .                                                                      ... .............. .... .......                                                                                                              300-301 Salaries and wages directors fees . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                              . ........ .... .. ...... ....                                                                                                              105 distribution of         ...................                                                     ...... ..... .. ............                                                                                                                                              354-355 officers'............................................................

Sales of electricity by rate schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ....

                                                                                                                                                                                                                                       ... .....                                                                   104 304 Salen - for resale . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                           .... ....... . ..... .........                                                                                                             310-311 Salvage - nuclear fuel             ..... ............ . .. ..... ... .................                                                                                                                                                                                            202 203 Sched ules, this report form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ......                                                                                                    .....                                          2-4 Securities e xc hange r egistration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                                                                                                      250 251 holders and voting powers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                                                                                                                           106-107 Statement of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ... . . .                                                                                                                                               120 121 Stat: ment of income for the ye ar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                                                                                                           . 114-117 Statement of retained earnings for the year . . . . . . . . . .                                                                         .... ............ .........                                                                                                                118 119 St:am-electric generating plant statistics . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . .....                                                                                                                          ...                      402-403 Stock liability for conversion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                                                                                                                                                              252 S u bs t atio n s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............,                                                        ...............                                                                            426 Supphes - materials and
                                                                    ..... .. .... ..... . ........ ... ... ...........                                                                                                                                                                   ...                      227 O

FERC FORM NO.1 (ED.12 90) Index 4 '

iNDEX (Continued) Schedule Page No. O Taxes acc ru ed and pr e paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 262 263 c har ged d u ring ye a r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 262 263 on income, deferred and accumulated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 234 272 277 reconcillation of not income with taxable income for . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261 Trans formers, line - electric . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 429 Transmission lines added during year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 424-425 line s statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4?2 423 of electricity f or others . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32&330 of electricity by. others . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 332 Unamortized debt disc o u nt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25&257  ; d e bt e x p a n se . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 254 257 pr e miu m on de bt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 4257 , Unrecovered Plant and Regulatory Study Costs . .... . .... ...... . .............. 230 , t (-  ; t h Ov FERC FORM NO.1 (ED.12 90) Index 5

                                                        --                                               _ . .}}