Investor Presentaiton slide image

Investor Presentaiton

Non-GAAP Financial Measures Berkshire Hathaway Energy ($ in millions) FFO Net cash flows from operating activities LTM 9/30/2021 $ 8,688 (281) $ 6,224 973 2020 2019 $ 6,206 +/- changes in other operating assets and liabilities FFO 490 $ 8,407 $ 7,197 $ 6,696 Plus: Acquisition financing interest (1) Less: GT&S FFO 9 (321) Less: Cove Point Minority Distributions Adjusted FFO (353) $ 8,054 $ 6,885 $ 6,696 Adjusted Interest Interest expense $ 2,124 Less: Interest expense on subordinated debt (5) Less: Acquisition financing interest(1) $ 2,021 (5) (9) $ 1,912 (5) Less: GT&S interest (16) Adjusted Interest FFO Interest Coverage Adjusted Debt Debt (2) $ 2,119 4.8x $ 1,991 $ 1,907 4.5x 4.5x $ 51,966 Less: Acquisition financing debt (1) Less: GT&S debt Adjusted Debt $ 52,052 (1,200) (4,918) $ 51,966 15.5% $ 45,934 15.0% $ 42,467 $ 42,467 15.8% FFO to Adjusted Debt Capitalization Berkshire Hathaway Energy common shareholders' equity Berkshire Hathaway Energy preferred shareholders' equity Debt (2) $ 43,392 2,300 51,966 $ 39,260 3,750 52,052 $ 32,449 Subordinated debt Noncontrolling interests Capitalization 100 3,924 100 3,967 42,467 100 129 $101,682 $ 99,129 $ 75,145 Debt to Total Capitalization 51% 53% 57% (1) BHE issued $2.0 billion of Senior notes in October 2020, of which $1.2 billion of the proceeds were used to repay debt at EEGH. Acquisition financing interest is calculated based on the weighted average coupon of the debt issued by BHE (2) Debt includes short-term debt, Berkshire Hathaway Energy senior debt, and subsidiary debt (including current maturities) 77
View entire presentation