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xcel energy ar 02 fin
This document provides a summary of Xcel Energy's consolidated financial statements and notes for the years 2002, 2001 and 2000. It discusses key factors that impacted the company's earnings results for each year. In 2002, earnings were significantly reduced by large impairment and restructuring charges at NRG related to its financial difficulties. Earnings were also impacted by a tax benefit from Xcel Energy's investment in NRG. Regulated utility earnings were reduced by special charges in both 2002 and 2001.
