What's the holding company holding?
Article Abstract:
Statement 133 issued by the Financial Accounting Standards Board (FASB) aims to shed light on a utility holding company's subsidiaries to give investors a clearer picture of the depth and extent of changes in the industry. Due to FASB 133, it was shown that 65 of the 88 investor-owned electric utilities in the US had significant changes in sources of revenue and assets for the years 1996 and 1998. Among the changes noted are the continued consolidation of gas and electric companies and investments of utilities in real estate, telecommunications and home security.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1999
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Financial review
Article Abstract:
A financial review of the operating revenues of electric utilities in 1999 is presented. Revenues increased by 10% to $325.6-billion over the previous year's figures. The factors which are influencing the growth of the industry are discussed.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 2000
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Haggling at the clearing-house
Article Abstract:
Concept of the clearing-house, in terms of providing credit enhancements and minimizing the impact of price volatility for the traders, is discussed.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 2003
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