Leverage - PSEG v2

Leverage - PSEG v2 - PSEG & Leverage About PSEG...

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PSEG & Leverage
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About PSEG Three subsidiaries  serving 1.7 million gas customers and 2.1 million  electric customers making it the largest provider  of gas and electric service throughout the state of  New Jersey Power – Generation assets. Energy Holdings – Investments in generation,  leveraged leases, alternative sources.
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Leverage – simply the use of debt to supplement investment. Whether you borrow money to buy stock or borrow to fill the needs of a corporation, you are using leverage. The proceeds of the loan are invested with the intent to earn a rate of return greater than the cost of interest.
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PSEG Leverage 2009 2008 2007   Total Liabilities*   $        19,852             21,187             20,920   Total Debt  $          8,166               9,038              9,781   Total Assets*            28,730             29,049             28,299  
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Leverage - PSEG v2 - PSEG & Leverage About PSEG...

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