PitchSend

Investor Presentaiton

Non-GAAP Financial Measures Nevada Power ($ in millions) FFO LTM 9/30/2021 2020 2019 Net cash flows from operating activities $ 466 $ 467 $ 701 +/- changes in other operating assets and liabilities +/- deferred energy (including amortization) (55) 47 (1) 178 85 (94) FFO Interest expense FFO Interest Coverage $ 589 $ 599 $ 606 $ 155 $ 162 $ 171 4.8x 4.7x 4.5x Debt FFO to Debt $ 2,498 23.6% $ 2,496 24.0% $ 2,351 25.8% Capitalization Nevada Power shareholder's equity Debt $ 3,227 2,498 Capitalization $ 5,725 $ 2,939 2,496 $ 5,435 $ 2,797 2,351 $ 5,148 Debt to Total Capitalization 44% 46% 46% 80 00

View entire presentation