Business Context and Reporting Period
This Form 8-K is a current report filed by Northeast Utilities and its subsidiaries (The Connecticut Light and Power Company, Public Service Company of New Hampshire, and Western Massachusetts Electric Company) on November 6, 2006. The filing announces the issuance of unaudited results of operations for the third quarter and year-to-date periods ending September 30, 2006.
Key Financial Metrics
The filing text serves as a notification of results and does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are detailed in the attached Exhibits 99.1 (News Release) and 99.2 (Financial Report), which are incorporated by reference but not reproduced in the body of this document.
Material Changes
The filing does not explicitly list material changes versus prior periods within the text provided. It directs readers to the attached news release and financial reports for a comparison of the third quarter and year-to-date 2006 results against prior comparable periods.
Guidance, Outlook, and Management Commentary
On November 6, 2006, Northeast Utilities delivered a slideshow presentation at the Edison Electric Institute's Finance Conference in Las Vegas, Nevada. This presentation, attached as Exhibit 99.3, contains management commentary and outlook information furnished pursuant to Regulation FD. The filing explicitly states that the information in this report and its exhibits is not deemed "filed" with the SEC for purposes of registration statements unless specified otherwise.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific third-quarter and year-to-date 2006 financial results.
- Examine Exhibit 99.2 for detailed financial statements covering the three, nine, and twelve-month periods ending September 30, 2006.
- Analyze Exhibit 99.3 for management's strategic outlook and commentary presented at the Edison Electric Institute conference.
- Verify that the unaudited nature of the results is considered when comparing against audited prior-year figures.