Business Context and Reporting Period
This Form 8-K was filed by CenterPoint Energy, Inc. on March 16, 2022. The report serves as a Regulation FD disclosure regarding financial information for two subsidiaries: Vectren Utility Holdings, Inc. (VUHI) and Southern Indiana Gas & Electric Company (CEI South). CEI South is a wholly-owned subsidiary of VUHI, which is a wholly-owned subsidiary of Vectren Corporation, itself a wholly-owned subsidiary of CenterPoint Energy.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the inclusion of audited financial statements in the exhibits:
- Exhibit 99.1: Audited financial statements for VUHI for the years ended December 31, 2021, 2020, and 2019.
- Exhibit 99.2: Audited financial statements for CEI South for the years ended December 31, 2021 and 2020.
- Exhibit 99.3: Supplementary financial and operational data for CEI South for the years ended December 31, 2021 and 2020.
The filing explicitly states that these financial statements are not intended to comply with Regulation S-X or Regulation S-K.
Material Changes
The filing text does not contain a narrative discussion of material changes, year-over-year comparisons, or specific financial performance metrics for the subsidiaries. All quantitative data is contained within the referenced exhibits.
Guidance, Outlook, and Risks
Management Commentary and Guidance: The filing does not include forward-looking guidance, outlook, or management commentary regarding future performance.
Legal Status of Information: A critical disclosure is that Exhibits 99.1, 99.2, and 99.3 are furnished, not filed. Consequently, the information is not deemed "filed" under Section 18 of the Exchange Act and will not be incorporated by reference into any CenterPoint Energy registration statement unless specifically identified.
Investor Verification Checklist
- Review Exhibit 99.1 for the full audited financial statements of Vectren Utility Holdings, Inc. for 2019-2021.
- Review Exhibit 99.2 for the full audited financial statements of Southern Indiana Gas & Electric Company for 2020-2021.
- Review Exhibit 99.3 for supplementary operational data regarding CEI South.
- Confirm that the financial data in the exhibits is not automatically incorporated into other CenterPoint Energy filings due to the "furnished" status.