HAWEL · As filed with the SEC

Hawaiian Electric balance sheet, by fiscal year

The statement as Hawaiian Electric presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousandsFY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
ASSETS
Current assets
Cash and cash equivalents501,778750,535679,546199,877
Restricted cash——15,0285,050
Accounts receivable and unbilled revenues, net——575,176511,903
Available-for-sale investment securities, at fair value——1,136,4391,429,667
Held-to-maturity investment securities, at amortized cost——1,201,3141,251,747
Stock in Federal Home Loan Bank, at cost——14,72826,560
Loans held for investment, net——6,106,4385,906,690
Loans held for sale, at lower of cost or fair value——15,168824
Restricted cash478,968492,317——
Accounts receivable and unbilled revenues, net491,526457,171——
Regulatory assets50,03953,895——
Other305,999380,408——
Total current assets—2,134,326——
Assets held for sale56,266———
Total current assets1,884,576———
Noncurrent assets:
Property, plant and equipment, net
Land54,59663,537106,999109,381
Plant and equipment8,730,6458,634,1248,695,9428,427,748
Right-of-use assets - finance lease539,485448,527342,83449,370
Construction in progress382,147366,412322,110293,048
Property, plant and equipment, gross9,706,8739,512,6009,467,8858,879,547
Less – accumulated depreciation(3,518,501)(3,378,282)(3,317,759)(3,192,545)
Total property, plant and equipment, net6,188,3726,134,3186,150,1265,687,003
Operating lease right-of-use-assets56,60466,55394,905115,684
Regulatory assets——294,804242,513
Other——877,959824,536
Goodwill——82,19082,190
Regulatory assets258,076227,424——
Defined benefit pension and other postretirement benefit plans asset219,211———
Other316,040368,795——
Total noncurrent assets—6,797,090——
Assets of discontinued operations—0——
Total noncurrent assets7,038,303———
Total assets8,922,8798,931,41617,243,82116,284,244
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable——247,462251,460
Interest and dividends payable——51,20621,333
Deposit liabilities——8,145,7788,169,696
Short-term borrowings—other than bank——0172,568
Other bank borrowings——750,000695,120
Accounts payable219,062203,452——
Interest and dividends payable31,45827,203——
Short-term borrowings048,623——
Current portion of long-term debt, net124,959109,171——
Regulatory liabilities51,99726,568——
Wildfire tort-related claims530,000478,750——
Other410,458430,824——
Total current liabilities—1,324,591——
Liabilities held for sale59,803———
Total current liabilities1,427,737———
Noncurrent liabilities:
Long-term debt, net2,285,0162,690,3872,842,4292,384,980
Deferred income taxes—0297,954262,462
Operating lease liabilities——103,900126,604
Finance lease liabilities——339,04048,709
Regulatory liabilities——1,150,6901,055,650
Defined benefit pension and other postretirement benefit plans liability——82,87971,813
Other——853,349787,057
Operating lease liabilities43,27856,523——
Finance lease liabilities505,590426,598——
Regulatory liabilities1,392,1471,217,515——
Defined benefit plans liability23,65623,213——
Wildfire tort-related claims1,436,2501,436,250——
Other203,286242,957——
Total noncurrent liabilities—6,093,443——
Liabilities of discontinued operations—0——
Total noncurrent liabilities5,889,223———
Total liabilities7,316,9607,418,03414,864,68714,047,452
Preferred stock of subsidiaries - not subject to mandatory redemption034,29334,29334,293
Shareholders’ equity
Preferred stock, no par value, authorized 10,000,000 shares; issued: none0000
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding: 172,620,476 shares and 172,465,608 shares at December 31, 2025 and 2024, respectively2,268,1872,264,5441,707,4711,692,697
Retained earnings (deficit)(665,606)(788,916)926,720845,830
Accumulated other comprehensive income, net of taxes
Net unrealized losses on securities—0(282,963)(328,904)
Unrealized gains on derivatives6002,1201,6381,991
Retirement benefit plans2,7381,341(8,025)(9,115)
Accumulated other comprehensive income, net of taxes3,3383,461(289,350)(336,028)
Total shareholders’ equity1,605,9191,479,0892,344,8412,202,499
Total capitalization and liabilities8,922,8798,931,41617,243,82116,284,244

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.