Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 6

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 6
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2420252024(Millions of Dollars, Except Per Share Amounts)AmountPer ShareAmountPer ShareAmountPer ShareAmountPer ShareNet Income/(Loss) Attributable to Common   Shareholders (GAAP)$367.5 $0.99 $(118.1)$(0.33)$1,271.1 $3.44 $739.1 $2.08 Regulated Companies$409.2 $1.10 $371.9 $1.04 $1,438.3 $3.89 $1,286.4 $3.62 Eversource Parent and Other Companies (Non-GAAP)33.3 0.09 34.0 0.09 (92.2)(0.25)(23.3)(0.06)Non-GAAP Earnings$442.5 $1.19 $405.9 $1.13 $1,346.1 $3.64 $1,263.1 $3.56 Losses on Offshore Wind (after-tax) (1)(75.0)(0.20)(524.0)(1.46)(75.0)(0.20)(524.0)(1.48)Net Income/(Loss) Attributable to Common   Shareholders (GAAP)$367.5 $0.99 $(118.1)$(0.33)$1,271.1 $3.44 $739.1 $2.08 

(1)       In the third quarter of 2025, we recorded a pre-tax charge of $284 million associated with increasing our offshore wind contingent liability for expected future payments under the terms of the 2024 sale agreement with GIP for the South Fork Wind and Revolution Wind projects, offset by expected tax benefits from the offshore wind sale of $209 million.  In the third quarter of 2024, we recorded a pre-tax loss on the sales of our offshore wind investments of $464.0 million and a $60 million increase in income tax expense, resulting in an after-tax loss of $524.0 million.  For further information, see the “Offshore Wind Contingent Liability” section below included in this Management's Discussion and Analysis of Financial Condition and Results of Operations.

The impact of higher shares outstanding resulted in $0.03 earnings per share dil