HEI 2017 Annual Report

Page 207

Hawaiian Electric Industries, Inc. SCHEDULE I — CONDENSED FINANCIAL INFORMATION OF REGISTRANT (continued) HAWAIIAN ELECTRIC INDUSTRIES, INC. (PARENT COMPANY) CONDENSED STATEMENTS OF CASH FLOWS Years ended December 31 (in thousands)

2017

Net cash provided by operating activities

$

Cash flows from investing activities Increase in note receivable from subsidiary

2016

99,600

$

(70,000)

Decrease in note receivable from subsidiary

66,391 (317) (22,353) (177) (26,456)

Capital expenditures Investments in subsidiaries Other Net cash used in investing activities Cash flows from financing activities Net increase (decrease) in notes payable to subsidiaries with original maturities of three months or less Net increase (decrease) in short-term borrowings with original maturities of three months or less Proceeds from issuance of short-term debt Repayment of short-term debt Proceeds from issuance of long-term debt Repayment of long-term debt Withheld shares for employee taxes on vested share-based compensation Net proceeds from issuance of common stock Common stock dividends Other Net cash used in financing activities Net increase (decrease) in cash and equivalents Cash and cash equivalents, January 1 Cash and cash equivalents, December 31

189

98

$

62,993 125,000 (75,000) 150,000 (200,000) (3,828) — (134,873) (756) (76,366) (3,222) 14,924 11,702 $

2015

191,710

$

— — (212) (24,000) 1 (24,211)

(618) (103,063) — — 75,000 (75,000) (2,416) 13,220 (117,274) 2,460 (207,691) (40,192) 55,116 14,924 $

98,119 — — (173) — — (173)

87 (15,909) — — — — (3,260) 104,435 (131,765) 3,306 (43,106) 54,840 276 55,116


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HEI 2017 Annual Report by HEI Hawaii - Issuu