DTE Energy 2009 Annual Report Download - page 39

Download and view the complete annual report

Please find page 39 of the 2009 DTE Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 39

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39

37
The following is a summary of transactions with affiliated companies:
(in Millions)
2009
2008
2007
Revenues
Transportation and storage services
$ 2
$ 2
$ 4
Other services
5
3
2
Costs
Gas purchases
3
28
—
Other services and interest
20
22
17
Corporate expenses
123
134
132
Other
Dividends declared
50
37
50
Dividends paid
50
50
50
Capital contribution (1)
—
62
5
December 31
(in Millions)
2009
2008
Assets
Accounts and notes receivable (2)
$ 16
$ 44
Prepaid pension assets
154
136
Liabilities & Equity
Accounts payable (2)
21
26
Exchange gas payable
—
3
Short-term borrowings
115
30
Other liabilities
Accrued pension liability
33
13
Accrued postretirement liability
218
348
____________
(1) The 2008 amount consists of $50 million representing a capital contribution from parent company and $12 million related to the
transfer of four carbon dioxide processing facilities from an affiliated company to MichCon.
(2) Our accounts receivable from affiliated companies and accounts payable to affiliated companies are payable upon demand and are
generally settled in cash within a monthly business cycle.