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Itc Holdings (ITC)

Itc Holdings (ITC)
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ITC Holdings Corp. is in the business of electricity transmission infrastructure improvements as a means to improve electric reliability, reduce congestion and lower the overall cost of delivered energy. Through ITC operating subsidiaries, ITCTransmission and METC, we are the only publicly traded company engaged exclusively in the transmission of electricity in the United States. We are also the largest independent electric transmission company and the eighth largest electric transmission company in the country based on transmission load served. Its business strategy is to operate, maintain and invest in our transmission infrastructure in order to enhance system integrity and reliability and to reduce transmission constraints. By pursuing this strategy, we seek to reduce the overall cost of delivered energy for end-use consumers by providing them with access to electricity from the lowest cost electricity generation sources.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Sales 1,044,770 1,023,050 941,270 830,540 757,400
Sales Growth +2.12% +8.69% +13.33% +9.66% +8.69%
Net Income 242,410 244,080 233,510 187,880 171,690
Net Income Growth -0.68% +4.53% +24.29% +9.43% +17.85%
(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Total Assets 7,582,120 6,974,090 6,282,240 5,564,810 4,823,370
Total Assets Growth +8.72% +11.01% +12.89% +15.37% +11.97%
Total Liabilities 5,873,050 5,304,530 4,668,510 4,149,950 3,564,470
Total Liabilities Growth +10.72% +13.62% +12.50% +16.43% +11.72%
(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Operating Cash Flow 555,750 501,500 449,200 327,520 380,920
Operating Cash Flow Growth +10.82% +11.64% +37.15% -14.02% -10.02%
Net Cash Flow -13,880 -6,530 8,090 -32,160 -36,770
Change in Net Cash Flow -112.56% -180.72% +125.16% +12.54% -281.49%
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