8-KOther Events

XCEL ENERGY INC 8-K Report (Feb 11, 2004)

Filed February 11, 2004For Securities:XELXELLL

Summary

Xcel Energy Inc. filed an 8-K report on February 11, 2004, primarily to disclose an upcoming presentation to the Edison Electric Institute International Financial Conference on February 16, 2004. This presentation, included as an exhibit, contains material, non-public information regarding the company's recent results of operations and financial condition. Investors should note that the presentation includes non-GAAP financial measures, specifically adjusted forecasted GAAP cash flows, which management believes are useful for forecasting future cash flow expectations. These adjusted measures summarize key components of the cash flow statement, providing insight into management's perspective on operational performance and financial outlook. However, these measures exclude certain significant cash outflows, such as maturities of long-term debt and investments in external decommissioning funds, which could impact the company's liquidity and financial position. The company also indicated that investments in non-regulated entities and equity issuances are not expected to be significant. Investors should carefully review the presentation to understand the specific adjustments and their potential impact on the reported financial picture.

Key Highlights

  • 1Xcel Energy Inc. filed an 8-K on February 11, 2004.
  • 2The filing announces a presentation by Xcel Energy to the Edison Electric Institute International Financial Conference on February 16, 2004.
  • 3The presentation contains material, non-public information about the company's results and financial condition.
  • 4Included are non-GAAP financial measures, specifically adjusted forecasted GAAP cash flows, used to summarize significant cash flow statement components.
  • 5Management believes these adjusted measures are useful for forecasting future cash flow expectations.
  • 6These adjusted measures exclude payments for maturing long-term debt ($160 million in 2004, $224 million in 2005) and investments in external decommissioning funds.
  • 7Investments in non-regulated entities and equity issuances are not expected to be significant.

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