2009 Statistical Summary Book

Transcription

Unaudited
SupplementalFinancial
Financial Information
Unaudited
Supplemental
Information
Table of Contents
FINANCIAL
Select Financial Data
Statements of Consolidated Income
Consolidated Balance Sheets
Statements of Consolidated Cash Flows
Statements of Consolidated Long-Term Debt
- Schedule of Capitalization
- Profile of Long-Term Debt Securities
- Current Security and Bond Ratings
Statements of Consolidated Common Stockholders’ Equity and Comprehensive Income (Loss)
4
5
6
8
9
10
11
BUSINESS SEGMENTS
Gas Distribution Operations
Gas Transmission and Storage Operations
Electric Operations
Other Operations / Corporate
12
13
14
15
STOCKHOLDERS
Common Stockholders
16
OTHER INFORMATION
Board of Directors
NiSource Executive Team
Shareholder Information/Contacts
Inside Back Cover
Inside Back Cover
Back Cover
Page 1
NiSource Inc.
NiSource is an energy holding company whose subsidiaries provide natural gas, electricity and other products and services to approximately
3.8 million customers located within a corridor that runs from the Gulf Coast through the Midwest to New England. NiSource is the successor to
an Indiana corporation organized in 1987 under the name of NIPSCO Industries, Inc., which changed its name to NiSource on April 14, 1999.
NiSource is one of the nation’s largest natural gas distribution companies as measured by number of customers. NiSource’s principal
subsidiaries include the Columbia Energy Group (Columbia), a vertically-integrated natural gas distribution, transmission and storage holding
company whose subsidiaries provide service to customers in the Midwest, Mid-Atlantic and Northeast; Northern Indiana Public Service Company
(NIPSCO), a vertically-integrated gas and electric company providing service to customers in northern Indiana; and Bay State Gas, a natural gas
distribution company serving customers in Massachusetts. NiSource derives substantially all of its revenues and earnings from the operating
results of its twelve primary subsidiaries.
NiSource’s business segments are: Gas Distribution Operations; Gas Transmission and Storage Operations; Electric Operations; and Other
Operations. Following is a summary of the business for each reporting segment
Business Segments
NiSource’s natural gas distribution operations serve more than 3.3 million customers in seven states and operate approximately 58 thousand
miles of pipeline. Through its wholly-owned subsidiary, Columbia, NiSource owns five distribution subsidiaries that provide natural gas to
approximately 2.2 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky and Maryland. NiSource
also distributes natural gas to nearly 800,000 customers in northern Indiana through three subsidiaries: Northern Indiana Public Service
Company (NIPSCO), Kokomo Gas and Northern Indiana Fuel and Light. Additionally, NiSource’s subsidiary, Bay State Gas, distributes natural
gas to nearly 300,000 customers in Massachusetts.
NiSource’s Gas Transmission and Storage Operations (GT&S) subsidiaries own and operate nearly 15,000 miles of interstate pipelines and
operate one of the nation’s largest underground natural gas storage systems capable of storing approximately 639 Bcf of natural gas. Through
its subsidiaries, Columbia Gas Transmission, Columbia Gulf Transmission and Crossroads Pipeline, NiSource owns and operates an interstate
pipeline network extending from the Gulf of Mexico to Lake Erie, New York and the eastern seaboard. Together, these companies serve
customers in 16 northeastern, mid-Atlantic, midwestern and southern states and the District of Columbia.
GT&S continues to capture growth opportunities leveraging NiSource’s strategically positioned pipeline and storage assets. A number of GT&S
new growth projects are designed to support Marcellus Shale production, while the company also has continued to grow and adapt its system
to provide critical transportation and storage services to markets across its high-demand service territory. For example:
• In April 2009, storage gas injections began for the Ohio Storage Expansion Project, which increased the GT&S market-area storage
capacity by 6.7 billion cubic feet.
• In August 2009, GT&S placed in service its Appalachian Expansion Project, which leverages the company’s existing infrastructure to
provide approximately 100,000 Dth per day of new transportation to three key Appalachian producers.
• GT&S advanced growth projects representing more than $125 million in investment in the Marcellus Shale region during 2009, with
potential to provide market access for approximately 600,000 Dth per day of new natural gas supplies.
The GT&S subsidiaries are also involved in two joint ventures, Millennium Pipeline and Hardy Storage, which effectively expand their facilities
and throughput. Millennium, which includes about 180 miles of 30-inch-diameter pipe across New York’s Southern Tier and lower Hudson
Valley, has the capability to transport up to 525,400 Dth per day of natural gas to markets along its route, as well as to the New York City
markets through its pipeline interconnections. Millennium is jointly owned by affiliates of NiSource, DTE Energy and National Grid. Hardy
Storage, which commenced operations in April of 2007, operates a natural gas storage complex located in West Virginia. Hardy Storage has a
working storage capacity of 12 Bcf and the ability to deliver 176,000 Dth of natural gas per day. Hardy Storage is a joint venture of subsidiaries
of Columbia Gas Transmission and Piedmont.
Page 2
Electric Operations
NiSource generates, transmits and distributes electricity through its subsidiary Northern Indiana Public Service Company (NIPSCO) to
approximately 450,000 customers in 20 counties in the northern part of Indiana and engages in wholesale and transmission activities.
NIPSCO owns four and operates three coal-fired electric generating stations. The three facilities have a net capability of 2,574 mw. NIPSCO
also owns and operates Sugar Creek, a CCGT plant with a 535 mw capacity rating, four gas-fired generating units located at NIPSCO’s coalfired electric generating stations (with a net capability of 203 mw) and two hydroelectric generating plants with a net capability of 10 mw.
These facilities provide for a total system operating net capability of 3,322 mw. NIPSCO’s transmission system, with voltages from 69,000 to
345,000 volts, consists of 2,792 circuit miles. NIPSCO is interconnected with five neighboring electric utilities. During the year ended
December 31, 2009, NIPSCO generated 85.2% and purchased 14.8% of its electric requirements.
NIPSCO participates in the Midwest Independent System Operator (MISO) transmission service and wholesale energy market. The MISO is
a nonprofit organization created in compliance with the FERC, to improve the flow of electricity in the regional marketplace and to enhance
electric reliability. Additionally, MISO is responsible for managing the energy markets, managing transmission constraints, managing the dayahead, real-time and FTRs markets and managing the ancillary market. NIPSCO transferred functional control of its electric transmission
assets to MISO and transmission service for Northern Indiana is provided under the MISO Open Access Transmission Tariff.
Primary Subsidiaries
A Balanced 100% Regulated Portfolio
Regulated
Electric
Operations
• Bay State Gas Company
• Columbia Gas of Kentucky
• Columbia Gas of Maryland
• Columbia Gas of Ohio
• Columbia Gas of Pennsylvania
• Columbia Gas of Virginia
• Columbia Gas Transmission
• Columbia Gulf Transmission
• Crossroads Pipeline
• Kokomo Gas and Fuel Company
• Northern Indiana Fuel and Light Company
• Northern Indiana Public Service Company
Regulated
Gas
Distribution
Regulated
Gas
Transmission
& Storage
Business Strategy
NiSource focuses its business strategy on its core, rate-regulated asset-based businesses, with virtually 100% of its operating income
generated from these businesses. With the nation’s fourth largest natural gas pipeline, the largest natural gas distribution network east of the
Rocky Mountains and one of the nation’s largest natural gas storage networks, NiSource operates throughout the energy-intensive corridor
that extends from the supply areas in the Gulf Coast through the consumption centers in the Midwest, Mid-Atlantic, New England and
Northeast. The company’s gas pipeline and storage operations also are strategically located relative to the rapidly growing Marcellus Shale
production region in Appalachia.
Page 3
Select Financial Data
Year Ended December 31, (in millions, except per share amounts)
2008
2009
Operating Earnings (Non-GAAP) *
Electric Operations
Other Operations
Corporate
Consolidated
329.3
408.8
162.4
(4.6)
(14.9)
881.0
Assets
Electric Operations
Other Operations
Corporate
Consolidated
2007
328.2
376.7
220.2
1.6
(8.1)
918.6
2006
345.2
371.8
283.1
1.8
(22.2)
979.7
2005
373.8
357.6
314.1
(24.3)
(19.2)
1,002.0
394.2
349.6
292.1
(13.3)
(19.3)
1,003.3
7,000.5
3,834.5
4,183.7
1,383.9
2,869.1
19,271.7
7,436.0
4,033.3
4,198.3
1,494.0
2,870.6
20,032.2
6,946.9
3,491.6
3,382.6
1,361.7
2,827.5
18,010.3
6,933.9
3,414.4
3,429.5
1,606.5
2,772.2
18,156.5
6,917.5
3,082.3
3,189.0
1,683.5
3,086.2
17,958.5
343.2
86.1
257.1
287.4
171.2
116.2
162.6
32.7
129.9
5.4
798.6
369.7
75.8
293.9
383.8
253.4
130.4
552.4
376.1
176.3
0.7
1,306.6
286.3
80.0
206.3
225.7
89.5
136.2
241.5
49.2
192.3
10.4
763.9
283.4
n/a
n/a
208.1
n/a
n/a
151.2
n/a
n/a
5.7
648.4
278.5
n/a
n/a
167.9
n/a
n/a
135.6
n/a
n/a
17.0
599.0
2010E
Capital Expenditures
System Growth
Maintenance & Other
Growth Capital
Maintenance & Other
Electric Operations
System Growth
Maintenance & Other
Other Operations
Consolidated
391.7
95.5
296.2
300.0
158.4
141.6
208.3
31.5
176.8
0.4
900.4
Common Stock Trading
High
Low
Close
Average Daily Trading Volume (millions)
Other Data
Dividends Paid per Common Share
Dividend Yield on Common Stock (at December 31)
Book Value of Common Stock
Shares Outstanding (in thousands)
Number of Common Shareholders
Total Number of Employees
$
$
$
15.82
7.79
15.38
3.26
$
0.92 $
6.0%
17.55 $
276,638
34,299
7,616
$
* For reconciliations to GAAP, please refer to pages 12 -15 of this summary.
Page 4
$
$
$
19.82
10.35
10.97
2.67
$
$
$
0.92 $
8.4%
17.24 $
274,262
36,194
7,981
25.43
17.49
18.89
1.91
$
$
$
0.92 $
4.9%
18.52 $
274,177
38,091
7,607
24.80
19.51
24.10
1.23
$
$
$
0.92 $
3.8%
18.32 $
273,654
40,401
7,439
25.50
20.44
20.86
1.02
0.92
4.4%
18.09
272,623
46,451
7,822
Statements of Consolidated Income (Non-GAAP)
Net Revenues
Gas Distribution
Gas Transportation and Storage
Electric
Other
Gross Revenues
Cost of Sales (excluding depreciation and amortization)
Total Net Revenues
Operating Expenses
Operation and maintenance
Operation and maintenance - trackers
Depreciation and amortization
Depreciation and amortization - trackers
Other taxes
Other taxes - trackers
2008
2009
$
$
Basic Average Common Shares Outstanding (millions)
Page 5
$
(374.9)
0.9
544.6
195.2
349.4
4,347.6
1,102.8
1,380.5
1,080.2
7,911.1
4,687.8
3,223.3
2006
$
4,262.3
1,033.2
1,301.0
968.3
7,564.8
4,365.4
3,199.4
2005
$
4,569.9
991.1
1,238.8
1,046.8
7,846.6
4,749.2
3,097.4
1,237.4
177.1
540.2
1,359.4
1,240.7
549.2
544.2
202.4
95.9
2,253.0
9.4
979.7
289.5
309.4
2,198.1
0.7
1,002.0
2,094.3
0.2
1,003.3
(402.3)
(6.4)
571.0
207.5
363.5
2.8
(23.2)
(387.4)
(7.6)
607.0
218.5
388.5
(420.1)
9.8
593.0
217.1
375.9
6.5
(83.1)
27.0
13.3
(17.3)
(25.5)
8.3
(8.2)
23.2
8.9
(25.2)
(3.5)
(10.0)
(13.0)
(7.8)
(14.2)
(12.3)
(82.8)
12.7
(19.2)
(7.6)
(12.5)
(17.0)
(4.9)
(79.1)
0.1
16.7
(4.8)
14.9
(63.0)
(13.0)
(122.0)
(6.1)
(4.5)
231.2
(22.2)
8.1
(3.0)
(50.7)
(40.6)
(5.7)
21.2
25.6
(64.1)
Tax effect of above items and other income tax adjustments
Total items excluded from net operating earnings
5,163.2
1,132.4
1,362.3
1,218.3
8,876.2
5,633.3
3,242.9
1,245.2
216.9
560.9
6.1
209.8
97.7
2,336.6
12.3
918.6
(399.0)
(1.4)
480.6
185.3
295.3
GAAP Adjustment (Items excluded from operating and net operating earnings)
Net Revenues:
Weather - compared to normal
Gas costs and other changes
Revenue Adjustment
Unregulated Natural Gas Marketing Business
Purchased power settlement
Unbilled revenue and other changes
3rd Party Bankruptcy Claim
Operating Expenses:
Restructuring
Transition charges (IBM Agreement)
Legal Reserve
Unregulated Natural Gas Marketing Business
Medical expense adjustment out of period
BP contract revision
Gain/loss on sale of assets and asset impairments
Property and sales tax adjustments
Insurance recoveries, legal and reserve changes
Loss on Equity Earnings
Total items excluded from operating earnings
Other income - Gain on sale of JOF
Interest Expense - Reserve for Interest Rate Swaps
Income Taxes - Tax Method Change '09 / MA Tax Law Change '08
Loss on early extinguishment of debt
Loss on early redemption of preferred stock
Basic Net Operating Earnings Per Share from Continuing Operations
GAAP Basic Earnings Per Share from Continuing Operations
$
1,358.2
247.2
580.3
8.6
199.1
81.2
2,474.6
16.0
881.0
Total Operating Expenses
Equity Earnings in Unconsolidated Affiliates
Operating Earnings
Other Income (Deductions)
Interest expense, net
Other, net
Operating Earnings From Continuing Operations Before Income Taxes
Income Taxes
Net Operating Earnings from Continuing Operations
GAAP Income from Continuing Operations
3,296.2
1,239.5
1,244.6
54.4
5,834.7
2,495.1
3,339.6
2007
$
370.6
(108.6)
(0.7)
47.7
(75.0)
43.0
(60.6)
$
302.9
$
313.5
67.5
(91.8)
$
284.1
1.07
0.84
1.28
1.35
1.33
1.10
1.43
1.15
1.38
1.05
276.0
274.0
273.8
272.6
271.3
Consolidated Balance Sheets
As of December 31, (in millions)
2009
2008
2007
2006
2005
18,946.1 $
(8,353.7)
10,592.4
91.5
10,683.9
18,356.8 $
(8,080.8)
10,276.0
112.7
10,388.7
17,295.6 $
(7,787.0)
9,508.6
67.0
9,575.6
17,194.9 $
(7,850.0)
9,344.9
349.6
9,694.5
16,684.4
(7,556.8)
9,127.6
426.7
9,554.3
Investments and Other Assets
Assets of discontinued operations and assets held for sale
Unconsolidated affiliates
Other investments
Total Investments and Other Assets
18.7
165.8
129.2
313.7
45.5
86.8
117.9
250.2
593.5
72.7
117.2
783.4
43.0
59.6
116.1
218.7
34.6
75.0
114.2
223.8
Current Assets
Cash and cash equivalents
Restricted cash
Accounts receivable
Income tax receivable
Gas inventory
Underrecovered gas and fuel costs
Materials and supplies, at average cost
Electric production fuel, at average cost
Price risk management assets
Exchange gas receivable
Regulatory assets
Assets of discontinued operations and assets held for sale
Prepayments and other
Total Current Assets
16.4
174.7
808.6
24.9
384.8
40.2
102.3
59.9
173.3
72.5
238.3
2.2
125.5
2,223.6
20.6
286.6
1,143.2
511.8
180.2
95.1
63.8
150.4
393.8
314.9
1.0
249.1
3,410.5
34.6
57.7
900.3
452.2
158.3
78.1
58.1
102.2
210.5
215.4
85.9
107.1
2,460.4
33.1
142.5
866.3
550.5
163.2
89.0
63.9
237.7
252.3
272.7
111.7
2,782.9
69.4
33.9
1,254.6
526.9
421.8
72.0
24.9
183.1
169.8
195.0
109.3
3,060.7
237.6
1,644.1
3,677.3
319.6
19.8
152.1
6,050.5
19,271.7
200.7
1,640.4
3,677.3
330.6
10.3
123.5
5,982.8
20,032.2
25.2
867.5
3,677.3
341.6
157.8
121.5
5,190.9
18,010.3
49.9
1,127.3
3,677.3
435.7
32.8
137.4
5,460.4
18,156.5
192.9
586.3
3,677.3
495.8
167.4
5,119.7
17,958.5
ASSETS
Property, Plant and Equipment
Utility Plant
Accumulated depreciation and amortization
Net utility plant
Other property, at cost, less accumulated depreciation
Net Property, Plant and Equipment
$
Other Assets
Price risk management assets
Regulatory assets
Goodwill
Intangible assets
Postretirement and postemployment benefits assets
Deferred charges and other
Total Other Assets
Total Assets
$
Page 6
$
$
$
$
Consolidated Balance Sheets - Continued
CAPITALIZATION AND LIABILITIES
Capitalization
Common Stockholders' Equity
Common stock - $0.01 par value, 400,000,000 shares authorized
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock
Total Common Stockholders' Equity
Preferred Stock - series without manatory redemption provisions
Long-term debt, excluding amounts due within one year
Total Capitalization
$
2009
2008
2007
2006
2005
2.8 $
4,057.6
865.5
(45.9)
(25.9)
4,854.1
5,965.1
10,819.2
2.7 $
4,020.3
901.1
(172.0)
(23.3)
4,728.8
5,943.9
10,672.7
2.7 $
4,011.0
1,074.5
11.7
(23.3)
5,076.6
5,594.4
10,671.0
2.7 $
3,998.3
1,012.9
20.9
(21.2)
5,013.6
5,146.2
10,159.8
2.7
3,969.4
981.6
(5.6)
(15.1)
4,933.0
81.1
5,271.2
10,285.3
Current Liabilities
Current portion of long-term debt
Short-term borrowings
Accounts payable
Dividends declared
Dividends declared on preferred stock
Customer deposits
Taxes accrued
Interest accrued
Overrecovered gas and fuel costs
Price risk management liabilities
Exchange gas payable
Deferred revenue
Regulatory liabilities
Accrued liability for postretirement and postemployment benefits
Liabilities of discontinued operations and liabilities held for sale
Legal and environmental reserves
Other accruals
Total Current Liabilities
719.3
103.0
502.1
0.2
301.2
212.9
125.4
220.4
190.1
222.2
27.3
43.8
23.6
1.7
146.1
310.3
3,149.6
469.3
1,163.5
693.9
275.9
206.5
120.1
35.9
286.5
555.5
14.7
40.4
6.4
0.9
375.1
338.8
4,583.4
33.9
1,061.0
713.0
112.8
188.4
99.3
10.4
79.9
441.6
38.7
87.8
4.8
20.6
112.3
393.6
3,398.1
93.3
1,193.0
713.1
108.4
196.0
107.1
126.7
259.4
396.6
55.9
40.7
4.7
526.3
3,821.2
440.7
898.0
866.7
1.1
101.9
217.5
86.2
25.8
72.3
425.2
51.3
46.3
61.1
549.1
3,843.2
Other Liabilities and Deferred Credits
Price risk management liabilities
Deferred income taxes
Deferred investment tax credits
Deferred credits
Deferred revenue
Accrued liability for postretirement and postemployment benefits
Liabilities of discontinued operations and liabilities held for sale
Regulatory liabilities and other removal costs
Asset retirement obligations
Other noncurrent liabilities
Total Other Liabilities and Deferred Credits
Commitments and Contingencies
Total Capitalization and Liabilities
170.2
2,018.2
39.6
72.4
8.5
1,134.2
10.2
1,558.8
138.2
152.6
5,302.9
19,271.7
188.5
1,549.8
46.1
76.7
6.2
1,238.5
4.4
1,386.1
126.0
153.8
4,776.1
20,032.2
1.7
1,466.2
53.4
81.3
0.2
547.8
141.3
1,337.7
128.2
183.4
3,941.2
18,010.3
38.2
1,553.7
61.5
119.3
21.9
799.5
11.9
1,253.8
131.6
184.1
4,175.5
18,156.5
22.2
1,591.9
69.9
81.1
60.4
511.0
1,196.2
119.8
177.5
3,830.0
17,958.5
$
Page 7
$
$
$
$
Statements of Consolidated Cash Flow
Twelve Months Ended December 31, (in millions)
Operating Activities
Net income
Adjustments to reconcile net income to net cash from continuing operations:
Loss on early extinguishment of long-term debt
Loss on early redemption of preferred stock
Net changes in price risk management assets and liabilities
Deferred income taxes and investment tax credits
Deferred revenue
Stock compensation expense
Loss (gain) on sale of assets
Loss on impairment of assets
Cumulative effect of change in accounting principle, net of taxes
Income from unconsolidated affiliates
Loss (gain) on disposition of discontinued operations, net of taxes
Loss (income) from discontinued operations, net of taxes
Amortization of discount/premium on debt
AFUDC Equity
Changes in assets and liabilities:
Accounts receivable
Income tax receivable
Inventories
Accounts payable
Customer deposits and credits
Taxes accrued
Interest accrued
(Under) Overrecovered gas and fuel costs
Exchange gas receivable/payable
Other accruals
Prepayments and other current assets
Regulatory assets/liabilities
Postretirement and postemployment benefits
Deferred credits
Deferred charges and other noncurrent assets
Other noncurrent liabilities
Net Operating Activities from Continuing Operations
Net Operating Activities from or (used for) Discontinued Operations
Net Cash Flows from Operating Activities
Investing Activities
Capital expenditures
Sugar Creek purchase
Insurance recoveries
Proceeds from disposition of assets
Restricted cash
Distributions from or (contributions to) equity investments
Other investing activities
Net Investing Activities used for Continuing Operations
Net Investing Activities from or (used for) Discontinued Operations
Net Cash Flows used for Investing Activities
Financing Activities
Issuance of long-term debt
Retirement of long-term debt
Repurchase of long-term debt
Premiums and other costs to retire debt
Change in short-term debt
Retirement of preferred stock
Issuance of common stock
Acquisition of treasury stock
Dividends paid - common stock
Net Cash Flows from (used for) Financing Activities
Change in cash and cash equivalents from continuing operations
Cash (contributions to) reciepts from discontinued operations
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
2008
2009
$
$
Page 8
217.7
$
79.0
2007
$
321.4
2006
$
282.2
2005
$
306.5
4.5
589.0
(9.1)
378.2
4.3
9.6
(3.6)
22.8
(15.1)
2.8
10.7
13.0
(5.4)
567.0
25.7
137.8
(24.0)
9.5
4.3
3.3
(25.3)
108.2
183.4
7.7
(5.4)
40.6
540.0
0.8
5.5
(38.8)
4.4
(0.3)
11.1
(14.1)
(8.3)
(10.0)
7.3
(3.6)
0.7
531.5
(8.4)
(111.1)
(34.0)
6.9
(1.1)
5.2
(0.4)
8.4
52.0
7.7
(2.0)
108.6
544.2
(41.0)
(16.7)
(6.6)
6.8
0.4
21.8
0.3
(4.7)
(43.5)
20.9
17.5
(3.2)
258.9
(24.9)
128.7
(191.5)
25.3
116.2
5.3
324.4
(10.0)
(3.6)
24.2
105.2
(49.1)
6.2
(21.9)
7.9
1,920.7
(254.5)
1,666.2
(202.4)
(82.4)
(30.0)
42.3
(89.7)
20.8
3.6
(71.9)
16.3
(27.5)
(91.8)
(9.2)
36.3
38.7
(36.5)
587.8
(2.5)
585.3
17.6
98.1
(60.5)
25.4
(11.3)
(2.6)
(118.1)
31.2
(34.1)
5.9
60.2
(97.6)
(0.7)
(22.3)
(8.5)
738.7
18.5
757.2
408.3
(70.1)
(200.1)
6.3
53.3
20.9
361.2
(111.8)
12.6
(0.5)
(36.3)
(46.9)
(8.3)
(6.5)
6.7
1,126.4
29.8
1,156.2
(358.9)
(71.1)
205.7
9.7
21.5
6.3
(117.6)
88.0
19.6
(13.2)
(45.7)
50.1
6.7
(2.8)
20.1
729.7
(17.4)
712.3
(777.2)
62.7
5.7
111.9
(23.5)
(42.0)
(662.4)
7.6
(654.8)
(970.2)
(329.7)
46.7
47.8
(228.8)
(39.2)
(38.1)
(1,511.5)
397.2
(1,114.3)
(786.5)
17.4
4.2
80.6
14.0
5.6
(664.7)
(16.7)
(681.4)
(627.1)
10.6
21.6
(109.8)
(4.7)
2.3
(707.1)
(25.4)
(732.5)
(590.4)
-
803.6
(457.9)
(40.6)
(132.0)
8.2
(2.1)
(252.1)
(72.9)
1.1
0.7
32.8
34.6 $
(438.7)
296.4
(81.6)
21.9
(6.1)
(251.9)
(460.0)
(40.7)
4.8
68.7
32.8 $
1,460.0
(1,169.8)
(1,060.5)
10.6
(2.6)
(253.3)
(1,015.6)
242.7
(246.9)
20.6
16.4 $
959.3
(40.6)
(254.0)
102.5
1.3
(252.4)
516.1
(407.6)
393.6
34.6
20.6 $
7.5
28.1
(17.2)
(572.0)
(0.1)
(572.1)
1,907.9
(2,372.5)
(14.2)
590.4
40.0
(1.6)
(250.3)
(100.3)
39.9
29.5
69.4
Statements of Consolidated Long-Term Debt
2008
2009
NiSource Finance Corp.:
Long-Term Notes 7-7/8% - due November 15, 2010
6.15% - due March 1, 2013
Floating Rate Notes - 5.855% at December 31, 2007, due November 23, 2009
5.21% - due November 28, 2012
5.40% - due July 15, 2014
5.36% - due November 28, 2015
5.41% - due November 28, 2016
5.25% - due September 15, 2017
6.40% - due March 15, 2018
5.45% - due September 15, 2020
5.89% - due November 28, 2025
6.80% - due January 15, 2019
10.75% - due March 15, 2016
6.125% - due March 1, 2022
Fair value adjustment of notes for interest rate swap agreements
Unamortized premium and discount on long-term debt
Total Long-Term debt of NiSource Finance Corp.
Northern Indiana Public Service Company:
Pollution Control Bonds Reoffered interest rates between 5.20% and 5.85%, with a weighted average interest rate of 5.64%
and various maturities between June 1, 2013 and April 1, 2019
$
$
$
Medium-Term Notes Issued at interest rates between 7.02% and 7.69%, with a weighted average interest rate of 7.44%
and various maturities between July 8, 2011 and August 4, 2027
Wind Generation Project Notes Variable rate of 3.25% at December 31, 2009 due July 1, 2014
Unamortized premium and discount on long-term debt
Total Long-Term debt of Northern Indiana Public Service Company
Bay State Gas Company:
Medium-Term Notes Interest rates between 6.26% and 9.20% with a weighted average interest rate of 6.81% and
maturities between June 6, 2011 and February 15, 2028
Northern Utilites:
Medium-term note -- Interest rate of 6.93% and maturity of September 1, 2010
Total Long-Term debt of Bay State Gas Company
Columbia Energy Group:
Subsidiary debt - Capital lease obligations
Total Long-Term debt of Columbia Energy Group
NiSource Capital Markets, Inc.:
Senior Notes - 6.78%, due December 1, 2027
Medium-term notes Issued at interest rates between 7.82% and 7.99%, with a weighted average interest rate of 7.92%
and various maturities between March 27, 2017 and May 5, 2027
Total Long-Term debt of NiSource Capital Markets, Inc.
NiSource Corporate Services, Inc.:
Capital Lease Obligations:
Interest rate of 5.586% and various maturities between April 30, 2010 and August 31, 2011
Interest rate of 5.940% due December 31, 2010
Interest rate of 6.709% due between January 1, 2017 and January 1, 2018
Interest rate of 9.840% due between June 30, 2015
Total Long-Term debt of NiSource Corporate Services, Inc.
NiSource Development Company, Inc.:
NDC Douglas Properties - Notes Payable Interest rates between 4.000% and 8.385% with a weighted average interest rate of 7.31% and
various maturities between May 1, 2013 and July 1, 2041 (a)
Total Long-Term debt of NiSource Development Company, Inc.
Total Long-Term Debt, excluding amount due within one year
Page 9
$
$
545.0
315.0
500.0
230.0
90.0
450.0
800.0
550.0
265.0
500.0
600.0
500.0
47.4
(36.1)
5,356.3 $
244.0
$
2007
1,000.0 $
545.0
315.0
500.0
230.0
90.0
450.0
800.0
550.0
265.0
500.0
99.3
(25.8)
5,318.5 $
254.0
$
1,000.0
345.0
450.0
315.0
500.0
230.0
90.0
450.0
800.0
550.0
265.0
18.8
(25.1)
4,988.7
254.0
164.2
164.2
165.2
3.5
(0.8)
410.9 $
(0.9)
417.3 $
(1.0)
418.2
$
48.5
$
48.5
$
48.5
$
48.5
$
48.5
$
1.7
50.2
0.9
0.9
$
3.0
1.1
1.1
1.0
1.0
$
106.0
3.0
$
3.0
116.0
106.0
$
109.0
$
109.0
$
119.0
$
$
$
0.6
0.6
35.6
36.8
$
$
0.2
32.1
0.9
33.2
$
3.5
0.7
4.2
$
6.3
$
12.8
$
13.0
$
6.3
$
12.8
$
13.0
$
5,965.1
$
5,943.9
$
5,594.4
Schedule of Capitalization
2008
2009
2007
2006
2005
CAPITALIZATION
Preferred Stock - series without manatory redemption provisions
Current portion of long-term debt
Long-term debt, excluding amounts due within one year
Total Debt
Common Stockholders' Equity
Common stock - $0.01 par value, 400,000,000 shares authorized
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock
Total Common Shareholders' Equity
$
Total Capitalization
$
719.3
5,965.1
6,684.4
57.9%
469.3
5,943.9
6,413.2
57.6%
33.9
5,594.4
5,628.3
52.6%
93.3
5,146.2
5,239.5
51.1%
81.1
440.7
5,271.2
5,793.0
54.0%
2.8 $
4,057.6
865.5
(45.9)
(25.9)
4,854.1
42.1%
2.7 $
4,020.3
901.1
(172.0)
(23.3)
4,728.8
42.4%
2.7 $
4,011.0
1,074.5
11.7
(23.3)
5,076.6
47.4%
2.7 $
3,998.3
1,012.9
20.9
(21.2)
5,013.6
48.9%
2.7
3,969.4
981.6
(5.6)
(15.1)
4,933.0
46.0%
11,538.5
$
11,142.0
$
10,704.9
$
10,253.1
$
10,726.0
Profile of Long-Term Debt Maturities
As of December 31, 2009 (in millions)
$1,500
$1,000
820
692
613
590
500
$500
315
800
541 550
530
275
230
27
-
-
-
-
90
30
-
-
$0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Current Security and Bond Ratings
As of December 31, 2009
NiSource Inc. - Senior Unsecured Ratings:
Moody's
S&P
Fitch
Page 10
Rating
Baa3
BBBBBB-
Outlook
Stable
Stable
Stable
Statements of Consolidated Common Shareholders’ Equity and
Comprehensive Income (Loss)
Comprehensive
Common
(in millions)
Income
Stock
Balance January 1, 2005
$
2.7
Comprehensive Income:
Net Income
306.5
$
Other comprehensive income, net of tax:
Gain on available for sale securities - Unrealized
0.1
Net unrealized gains on derivatives qualifying as cash flow hedges
57.0
Unrecognized Pension Benefit and OPEB Costs
(11.3)
Total Comprehensive Income $
352.3
Dividends:
Common stock
Treasury stock acquired
Issued:
Common stock issuance
Employee stock purchase plan
Long-term incentive plan
Tax benefits of options, PIES and other
Amortization of unearned compensation
Balance January 1, 2006
$
2.7
Net Income
282.2
$
2.1
Net unrealized losses on derivatives qualifying as cash flow hedges
(119.3)
4.4
169.4
Dividends:
Common stock
Issued:
Tax benefits of options and other
Balance December 31, 2006
$
2.7
Adjustment to initially apply new measurement date pursuant to SFAS No. 158, net of tax
Adjustment to initially apply FIN 48, net of tax
Beginning balance, as adjusted
2.7
$
Net Income
321.4
$
2.2
(23.8)
12.4
312.2
Dividends:
Common stock
Issued:
Tax benefits of options and other
$
2.7
Net Income
79.0
$
Loss on available for sale securities - Unrealized
(4.0)
(147.4)
(32.3)
(104.7)
Dividends:
Common stock
Issued:
2.7
$
Net Income
217.7
$
2.3
Net unrealized gains on derivatives qualifying as cash flow hedges
118.8
5.0
343.8
Dividends:
Common stock
Issued:
Common stock issuance
0.1
401K and profit sharing
Dividend reinvestment plan
$
2.8
Page 11
Additional
Treasury
Paid-In
Stock
Capital
$
(13.5) $
3,923.9
Accumulated
Other
Retained
Comprehensive
Earnings
Income/(Loss)
$
925.4 $
(51.4) $
306.5
306.5
0.1
57.0
(11.3)
0.1
57.0
(11.3)
(250.3)
(250.3)
(1.6)
(1.6)
$
(15.1) $
0.3
0.9
41.8
(0.3)
2.8
3,969.4 $
981.6
$
(5.6) $
282.2
2.1
(119.3)
143.7
(250.9)
(250.9)
(6.1)
(6.1)
$
(21.2) $
$
(21.2) $
3,998.3
$
$
1,012.9 $
(6.9)
(0.8)
1,005.2 $
20.9
$
20.9
$
321.4
2.2
(23.8)
12.4
(252.1)
(252.1)
(2.1)
(2.1)
$
(23.3) $
$
1,074.5
$
11.7
$
79.0
(4.0)
(147.4)
(32.3)
(252.4)
$
(23.3) $
0.9
7.4
1.0
4,020.3
$
901.1
$
(172.0) $
2.3
118.8
5.0
(253.3)
(25.9) $
$
865.5
79.0
(4.0)
(147.4)
(32.3)
0.9
7.4
1.0
4,728.8
217.7
2.3
118.8
5.0
(253.3)
(2.6)
(2.6)
$
0.8
10.5
0.4
1.0
5,076.6
(252.4)
-
217.7
0.9
11.1
18.1
6.8
0.4
4,057.6
0.8
23.5
3.6
1.0
5,013.6
(6.9)
(0.8)
5,005.9
321.4
2.2
(23.8)
12.4
0.8
10.5
0.4
1.0
4,011.0
0.3
0.9
41.8
(0.3)
2.8
4,933.0
282.2
2.1
(119.3)
143.7
0.8
23.5
3.6
1.0
3,998.3
Total
4,787.1
$
(45.9) $
0.1
0.9
11.1
18.1
6.8
0.4
4,854.1
Gas Distribution Operations (Non-GAAP)
Net Revenues
Sales Revenues
Less: Cost of gas sold
Total Net Revenues
Operating Expenses
Other taxes
Other taxes - trackers
Operating Earnings
$
3,902.4
2,293.0
1,609.4
$
680.7
187.3
248.1
82.8
81.2
1,280.1
$
329.3
GAAP Adjustment (Items excluded from operating earnings)
Net Revenues:
Gas costs and other changes
Operating Expenses:
Restructuring charges
Gain/loss on sale of assets, asset impairments, other
GAAP Operating Income
2008
2009
2007
5,732.5
4,197.9
1,534.6
$
629.9
165.9
228.8
84.1
97.7
1,206.4
$
328.2
$
620.8
129.3
224.2
75.3
95.9
1,145.5
$
8.1
-
4,880.9
3,390.2
1,490.7
2006
345.2
4,771.6
3,277.0
1,494.6
2005
$
580.7
140.1
231.4
74.3
94.3
1,120.8
$
(0.5)
373.8
5,091.5
3,617.1
1,474.4
671.6
224.6
184.0
1,080.2
$
394.2
(73.0)
15.9
14.6
(14.6)
(1.6)
(1.3)
$
(2.2)
(8.5)
(49.4)
1.4
(4.8)
4.4
0.2
(2.9)
(2.3)
(1.5)
7.9
(20.2)
(83.8)
(12.5)
5.8
(0.4)
(26.0)
327.8
$
336.1
$
325.0
$
290.0
$
368.2
Sales and Transportation (MMDth)
Residential
Commercial
Industrial
Off System
Other
Total
Weather Adjustment
Sales and Transportation Volumes - Excluding Weather
265.2
169.4
335.9
59.7
0.8
831.0
1.4
832.4
278.0
174.2
373.2
96.8
1.0
923.2
(7.6)
915.6
272.0
169.4
376.4
88.1
1.4
907.3
2.5
909.8
241.8
163.9
365.4
54.9
0.9
826.9
50.9
877.8
289.1
176.0
375.8
22.6
0.9
864.4
(8.9)
855.5
Heating Degree Days
Normal Heating Degree Days
% Colder (Warmer) than Normal
5,624
5,633
(0%)
5,771
5,664
2%
5,457
5,645
(3%)
4,347
4,933
(12%)
5,035
4,939
2%
Customers
Residential
Commercial
Industrial
Other
Total
3,032,597
279,144
7,895
79
3,319,715
Page 12
3,037,504
280,195
8,003
76
3,325,778
3,041,634
279,468
8,061
71
3,329,234
3,074,115
292,566
8,268
73
3,375,022
3,059,783
292,232
8,445
59
3,360,519
Gas Transmission and Storage Operations (Non-GAAP)
Net Revenues
Transportation revenues
Storage revenues
Other revenues
Total Operating Revenues
Less: Cost of gas sold
Total Net Revenues
Operating Expenses
Other taxes
Equity Earnings in Unconsolidated Affiliates
Operating Earnings
$
724.6
190.8
15.3
930.7
930.7
$
306.2
54.3
121.5
55.9
537.9
16.0
$
Net Revenues:
3rd Party Bankruptcy Claim
Operating Expenses:
Loss on Equity Earnings
2008
2009
408.8
682.5
178.9
3.9
865.3
865.3
2007
$
281.7
45.1
117.6
56.5
500.9
12.3
$
376.7
683.9
179.4
4.4
867.7
0.3
867.4
2006
$
291.3
42.1
116.3
55.3
505.0
9.4
$
371.8
681.6
176.8
6.1
864.5
14.0
850.5
2005
$
288.6
35.5
114.9
54.6
493.6
0.7
$
357.6
637.7
177.9
10.6
826.2
24.6
801.6
283.0
114.1
55.1
452.2
0.2
$
349.6
8.9
(19.9)
(1.8)
$
Throughput (MMDth)
Columbia Transmission
Columbia Gulf
Columbia Pipeline Deep Water
(1.2)
(1.4)
(12.8)
1.4
(1.5)
2.5
(8.0)
(8.6)
(2.4)
0.2
(1.5)
(20.3)
(7.0)
(9.8)
(13.0)
(16.8)
388.5
1,029.8
894.1
33.9
(566.4)
1,391.4
Crossroads Gas Pipeline
Granite State Pipeline
Intrasegment eliminations
Total
Page 13
$
369.7
1,000.0
989.3
0.9
36.3
(538.0)
1,488.5
$
362.0
1,030.0
880.7
2.6
36.9
(559.7)
1,390.5
$
340.8
932.1
663.4
8.3
38.5
26.9
(491.2)
1,178.0
(5.2)
$
344.4
983.9
607.9
11.5
41.8
31.8
(504.8)
1,172.1
Electric Operations (Non-GAAP)
Net Revenues
Sales Revenues
Less: Cost of sales
Total Net Revenues
Operating Expenses
Depreciation and amortization - trackers
Other taxes
Operating Earnings
$
1,252.8
456.5
796.3
$
371.9
5.6
197.0
8.6
50.8
633.9
$
Net Revenues:
Revenue adjustment and other changes
Purchased power settlement
Operating Expenses:
Legal reserve
2008
2009
162.4
2007
1,368.0
556.8
811.2
$
318.8
5.9
203.5
6.1
56.7
591.0
$
220.2
$
(5.3)
(23.2)
(8.2)
(3.7)
(0.3)
(10.0)
(1.2)
2006
1,384.3
551.5
832.8
$
2005
1,305.6
481.4
824.2
$
1,237.8
452.5
785.3
291.4
5.7
191.9
258.0
6.8
187.3
251.8
60.7
549.7
58.0
510.1
55.5
493.2
283.1
$
314.1
185.9
$
292.1
7.0
(10.1)
11.1
(1.3)
(17.3)
(10.9)
8.3
(0.8)
(1.5)
(8.4)
0.4
(0.4)
(21.6)
(3.7)
0.4
2.3
(2.9)
1.2
5.5
(0.3)
(1.0)
(45.7)
$
Sales (Gigawatt Hours)
Residential
Commercial
Industrial
Wholesale
Other
Total
Weather Adjustment
Sales Volumes - Excluding Weather impacts
Cooling Degree Days
Normal Cooling Degree Days
% Warmer (Colder) than Normal
116.7
$
261.5
3,345.9
3,915.8
9,305.4
737.2
138.2
17,442.5
3,543.6
3,775.0
9,443.7
909.1
141.7
17,813.1
343.4
15,869.1
81.8
17,524.3
(111.2)
17,701.9
400,016
53,617
2,441
15
746
456,835
Page 14
219.2
3,241.4
3,833.9
7,690.9
600.6
158.9
15,525.7
515
814
(37%)
Customers
Residential
Commercial
Industrial
Wholesale
Other
Total
$
716
814
(12%)
400,640
53,438
2,484
9
754
457,325
919
812
13%
400,991
52,815
2,509
6
755
457,076
$
310.4
3,293.9
3,855.7
9,503.2
661.4
114.1
17,428.3
148.3
17,576.6
714
803
(11%)
398,349
52,106
2,509
5
759
453,728
$
293.3
3,516.1
3,893.0
9,131.6
831.3
115.0
17,487.0
(160.8)
17,326.2
935
803
16%
395,849
51,261
2,515
7
765
450,397
Other Operations/Corporate (Non-GAAP)
Other Operations
Net Revenues
Products and services revenue
Less: Cost of products sold
Total Net Revenues
Operating Expenses
Other taxes
Operating Earnings
$
8.2
8.2
$
10.0
2.0
0.8
12.8
$
2007
1,171.7
1,144.2
27.5
$
18.2
2.4
5.3
25.9
(4.6) $
Net Revenues:
Unregulated gas marketing business
Operating Expenses:
BP contract revision
2008
2009
1.6
2006
1,050.3
1,020.9
29.4
$
20.4
2.7
4.5
27.6
$
1.8
929.9
893.7
36.2
2005
$
46.4
9.8
4.3
60.5
$
(24.3) $
1,031.8
989.7
42.1
37.9
10.5
7.0
55.4
(13.3)
24.8
(13.0)
$
(0.1)
0.1
(0.1)
(0.1)
(21.7)
0.4
(1.0)
(17.0)
1.2
(9.9)
0.4
(1.1)
(15.9)
(14.5) $
2.0
$
0.7
$
(40.2) $
(1.4)
0.6
1.8
1.0
(12.3)
Corporate
Operating Loss
$
Operating Expenses:
2008
2008
(14.9) $
(1.6)
(0.1)
(1.7)
$
Page 15
(16.6) $
(8.1) $
2007
(22.2) $
2006
(19.2) $
2005
(19.3)
(0.2)
0.2
(0.2)
(0.2)
(9.9)
(0.8)
(10.8)
(0.4)
(10.3)
(1.0)
(1.8)
(10.9)
(21.7)
(8.3) $
(32.5) $
(21.0) $
(41.0)
Common Stockholders – As of December 31, 2009
Geographical Breakdown of Shareholders
State
Holders
Percent of
Total Holders
Common Shareholders - Share Size
Percent of
Total Shares
Shares
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Dist Col.
Florida
Georgia
Hawaii
Idaho
132
25
405
92
1,561
322
618
102
69
1,697
344
58
49
0.38%
0.07%
1.18%
0.27%
4.55%
0.94%
1.80%
0.30%
0.20%
4.95%
1.00%
0.17%
0.14%
55,380
8,117
194,457
31,152
709,150
152,793
255,761
46,403
354,380
816,087
172,773
20,796
21,528
0.02%
0.00%
0.07%
0.01%
0.26%
0.05%
0.09%
0.02%
0.13%
0.29%
0.06%
0.01%
0.01%
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
2,630
7,905
188
135
447
219
187
7.67%
23.05%
0.55%
0.39%
1.30%
0.64%
0.55%
1,462,805
6,915,012
103,332
36,197
191,742
50,040
72,559
0.53%
2.49%
0.04%
0.01%
0.07%
0.02%
0.03%
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
687
1,531
1,084
371
92
312
57
79
115
214
1,145
81
2,178
399
29
2,358
109
156
1,590
98
187
50
230
911
2.00%
4.46%
3.16%
1.08%
0.27%
0.91%
0.17%
0.23%
0.34%
0.62%
3.34%
0.24%
6.35%
1.16%
0.08%
6.87%
0.32%
0.45%
4.64%
0.29%
0.55%
0.15%
0.67%
2.66%
251,412
941,005
506,220
195,835
31,637
151,891
19,786
44,229
97,980
87,694
517,159
46,997
251,098,962
125,905
20,831
742,717
28,921
52,139
9,664,170
38,919
46,576
32,856
92,741
351,922
0.09%
0.34%
0.18%
0.07%
0.01%
0.05%
0.01%
0.02%
0.04%
0.03%
0.19%
0.02%
90.34%
0.05%
0.01%
0.27%
0.01%
0.02%
3.48%
0.01%
0.02%
0.01%
0.03%
0.13%
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Canada
Other Foreign
71
65
1,043
272
759
696
30
32
83
0.21%
0.19%
3.04%
0.79%
2.21%
2.03%
0.09%
0.09%
0.24%
24,884
24,830
360,494
111,805
182,817
337,598
10,668
8,504
26,619
0.01%
0.01%
0.13%
0.04%
0.07%
0.12%
0.00%
0.00%
0.01%
34,299
100%
277,947,187
100%
Totals
Less Treasury Shares
Total Shares Outstanding
Percent of
Total Holders
Holders
1 to 33.9
34 to 49.9
50 to 99.9
100 to 300.9
301 to 500.9
501 to 1000.9
1001 and over
Totals
Percent of
Total Shares
Shares
9,777
1,494
2,985
8,472
3,726
3,912
3,933
28.51%
4.36%
8.70%
24.70%
10.86%
11.41%
11.47%
99,090
60,475
215,771
1,550,663
1,459,261
2,819,411
271,742,516
0.04%
0.02%
0.08%
0.56%
0.53%
1.01%
97.77%
34,299
100%
277,947,187
100%
(1,309,166)
276,638,021
Common Shareholders - Category
Percent of
Total Holders
Holders
Holder Category
Percent of
Total Shares
Shares
Joint Tenants Survivorship Rights
7,997
23.32%
4,818,069
1.73%
Individual - Femal
9,417
27.46%
3,321,661
1.20%
10,884
31.73%
4,947,862
1.78%
Corporations
539
1.57%
2,078,727
0.75%
Depositories
3
0.01%
250,397,526
90.09%
10
0.03%
9,103,429
3.28%
5,305
15.47%
3,180,311
1.14%
144
0.42%
99,602
0.04%
34,299
100%
277,947,187
100%
Individual - Male
Nominee
Trusts
Miscellaneous
(1,309,166)
276,638,021
Page 16
(1,309,166)
276,638,021
NiSource Board of Directors
• Ian Rolland, Chairman of the Board, NiSource Inc.
• Richard A. Abdoo, President, R.A. Abdoo & Co. LLC
• Dr. Steven C. Beering, Chairman, National Science Board
• Dennis E. Foster, Principal, Foster Thoroughbred Investments
• Michael E. Jesanis, Principal, Serrafix
• Marty Kittrell, EVP and CFO, Dresser, Inc.
• W. Lee Nutter, Retired Chairman, President and CEO, Rayonier, Inc.
• Deborah S. Parker, President and CEO, International Business Solutions, Inc.
• Robert C. Skaggs, Jr., President and CEO, NiSource Inc.
• Richard L. Thompson, Chairman, Lennox International, Inc.
• Dr. Carolyn Y. Woo, Martin J. Gillen Dean & Ray & Milann Siegfried Professor of Entrepreneurial Studies,
Mendoza College of Business, University of Notre Dame
NiSource Executive Team
• Robert C. Skaggs, Jr., President and Chief Executive Officer
• Stephen P. Smith, Executive Vice President and Chief Financial Officer
• Carrie J. Hightman, Executive Vice President and Chief Legal Officer
• Christopher A. Helms, Executive Vice President and Group CEO, Gas Transmission and Storage
• Jimmy Staton, Executive Vice President and Group CEO, Gas Distribution & Northern Indiana Energy
• Robert D. Campbell, Senior Vice President, Human Resources
• Glen L. Kettering, Senior Vice President, Corporate Affairs
• Violet G. Sistovaris, Senior Vice President and Chief Information Officer
• Larry J. Francisco, Vice President, Audit
Contact NiSource Investor Relations
Glen Kettering
Senior Vice President, Corporate Affairs
[email protected] or 219.647.5765
Randy Hulen
Managing Director, Investor Relations
Jenn Moench
Manager, Corporate Affairs
Contact NiSource Shareholder Services
Penny Kljajic
Senior Stockholder Services Representative
Stockholder Account Maintenance
BNY Mellon Shareowner Services
P.O. Box 358015
Pittsburgh, PA 15252-8015
or
480 Washington Boulevard
Jersey City, NJ 07310-1900
888.884.7790
TDD for Hearing Impared
800.231.5469
Foreign Stockholders
201.680.6610
TDD Foreign Stockholders
201.680.6610
www.bnymellon.com/shareowner/isd
NiSource Inc.
801 East 86th Avenue
Merrillville, IN 46410
www.nisource.com

2009 Statistical Summary Book

Transcription

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