Hawaiian Electric Industries, Inc. http://www.alacrastore.com/company-snapshot/Hawaiian_Electric_Industries_Inc-1007780 Tuesday, October 07, 2008 1:58:09 AM 1007780 Hawaiian Electric Industries, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1905426ccbn/T1905426norm...Good day, ladies and gentlemen, and welcome to the second quarter #### Hawaiian Electric Industries Incorporated earnings conference call. My name is Eric and I will be your coordinator for today. At this time, all participants are on a listen-only mode. We will facilitate a question-and-answer session towards the end of this session. (OPERATOR INSTRUCTIONS) As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host, Ms. Suzy Hollinger, HEI Manager of Treasury and Investor Relations. Please proceed. ... 8/6/2008 6:06:00 AMHawaiian Electric Industries, Inc.106.0000FinalHawaiian Electric Industries, Inc. Q2 2008 Earnings Conference Call TranscriptHE2:00pm ETTranscriptT1905426Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/moodys/CMT_0000443376moodys/CMT_0000443376htmlGlobal Credit Research Issuer Comment ## JUN #### Issuer Comment: Hawaiian Electric Industries, Inc. Moody's views ASB's balance sheet restructuring as positive to Hawaiian Electric's credit quality Moody's Investors Service views...6/28/2008 12:31:20 PMhtmlHawaiian Electric Industries, Inc.Hawaiian Electric Industries, Inc.362100150.0000NewsIssuer CommentCMT_0000443376Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1881696ccbn/T1881696norm...Good day, ladies and gentlemen, and welcome to the American Savings Bank Announces Initiative to Enhance Performance conference call. My name is Carissa and I will be your coordinator for today. At this time, all participants are in a listen-only mode. We will be facilitating a question-and-answer session towards the end of this conference. (OPERATOR INSTRUCTIONS) I would now like to turn the presentation over to your host for today's call, Ms. Suzy Hollinger, Manager, Treasurer (sic) and Investor relations. Please proceed. ... 6/27/2008 12:06:00 PMHawaiian Electric Industries, Inc.54.0000FinalAmerican Savings Bank Announces Initiative to Enhance Performance TranscriptHE2:00am HTTranscriptT1881696Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/652901spcred/652901normThe latest Full Report from S&Pglobalpubfin6/9/2008 3:32:13 PM400Full Report652901United StatesElectric UtilitiesUnited StatesGlobal IssuersPublic FinanceFinancial InstitutionsCorporationsUtilitiesElectricFull ReportHawaiian Electric Industries' (HEI) utility operations benefit from strong energy cost adjustment clauses (ECAC) that allow monthly true up of fuel costs for all three of its utilities serving the Hawaiian islands. The lack of interconnections and wheeling capability has led to limited competitive threats to HEI's utility business. Recent interim rate relief has allowed the utility to rebound from poor financial performance in 2007. American had reported good asset quality metrics and improving net interest margins, with no significant exposure to subprime loan losses. Preliminary indications suggest that Hawaii is faring better than the mainland through what appears to be a recessionary period; however, leading indicators for the state suggest that growth is moderating. The current ECAC design isUSA41987041987Q41986641987V41987W41987K41987L55101010 551010 5510 55Hawaiian Electric Industries Inc.101075USAHEFULLUSA40415B57734157735*00208A41974441986A41986B41986640102010 401020 4010 4040402010 404020 4040 4055101010 551010 5510 55Hawaiian Electric Co. Inc.American Savings Bank, FSB, Honolulu HIASB Realty Corp.Maui Electric Company, Ltd.Hawaii Electric Light Company, Inc.344248113046101074109480109481USA19748ZHE116300Z16127Z394927ZGLOBISSPUBFINFICORPUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/652902spcred/652902normThe latest Summary from S&Pglobal6/9/2008 3:32:13 PM175Summary652902United StatesElectric UtilitiesUnited StatesGlobal IssuersCorporationsUtilitiesElectricSummaryStandard&Poor's Ratings Services today affirmed the 'BBB' corporate credit rating assigned to HEI and its subsidiary, HECO. The outlook is stable. The ratings of HEI's other major subsidiary, the American Savings Bank (American) are rated on a standalone basis by Standard&Poor's Ratings Services' financial institutions group. HEI is the holding company for HECO and its two subsidiary utilities Hawaiian Electric Light Co. (HELCO) and Maui Electric Co. (MECO). HECO serves Oahu; MECO serves Molokai, Lanai, and Maui; and HELCO serves The Big Island of Hawaii. In 1988 HEI acquired American, a thrift savings and loan that management has been slowly transforming into a full-service commercial bank. American serves all islands, including Kauai, and is the third-largestUSA41987041987Q41986641987V41987W41987K41987L55101010 551010 5510 55Hawaiian Electric Industries Inc.101075USAHESUMMARYGLOBISSCORPUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/650174spcred/650174normThe latest Full Report from S&Pglobalpubfin5/23/2008 6:24:49 PM400Full Report650174United StatesElectric UtilitiesUnited StatesGlobal IssuersPublic FinanceFinancial InstitutionsCorporationsUtilitiesElectricFull ReportHawaiian Electric Industries' (HEI) utility operations benefit from strong energy cost adjustment clauses (ECAC) that allow monthly true up of fuel costs for all three of its utilities serving the Hawaiian islands. The lack of interconnections and wheeling capability has led to limited competitive threats to HEI's utility business. Recent interim rate relief has allowed the utility to rebound from poor financial performance in 2007. American had reported good asset quality metrics and improving net interest margins, with no significant exposure to subprime loan losses. Preliminary indications suggest that Hawaii is faring better than the mainland through what appears to be a recessionary period; however, leading indicators for the state suggest that growth is moderating. The current ECAC design isUSA41987041987Q41986641987V41987W41987K41987L55101010 551010 5510 55Hawaiian Electric Industries Inc.101075USAHEFULLUSA00208A40415B41974441986641986A41986B57734157735*40102010 401020 4010 4040402010 404020 4040 4055101010 551010 5510 55Hawaiian Electric Co. Inc.Maui Electric Company, Ltd.Hawaii Electric Light Company, Inc.American Savings Bank, FSB, Honolulu HIASB Realty Corp.101074109480109481113046344248USAHE116300Z16127Z394927Z19748ZGLOBISSPUBFINFICORPUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/650179spcred/650179normThe latest Summary from S&Pglobal5/23/2008 6:24:49 PM175Summary650179United StatesElectric UtilitiesUnited StatesGlobal IssuersCorporationsUtilitiesElectricSummaryStandard&Poor's Ratings Services today affirmed the 'BBB' corporate credit rating assigned to HEI and its subsidiary, HECO. The outlook is stable. The ratings of HEI's other major subsidiary, the American Savings Bank (American) are rated on a standalone basis by Standard&Poor's Ratings Services' financial institutions group. HEI is the holding company for HECO and its two subsidiary utilities Hawaiian Electric Light Co. (HELCO) and Maui Electric Co. (MECO). HECO serves Oahu; MECO serves Molokai, Lanai, and Maui; and HELCO serves The Big Island of Hawaii. In 1988 HEI acquired American, a thrift savings and loan that management has been slowly transforming into a full-service commercial bank. American serves all islands, including Kauai, and is the third-largestUSA41987041987Q41986641987V41987W41987K41987L55101010 551010 5510 55Hawaiian Electric Industries Inc.101075USAHESUMMARYGLOBISSCORPUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1826694ccbn/T1826694norm...Good day ladies and gentlemen, and welcome to the first quarter #### Hawaiian Electric Industries earnings and outlook conference call. My name is Katie, and I will be your conference coordinator for today. At this time all participants will be in a listen-only mode. We will conducting a question-and-answer session towards the end of this conference. (OPERATOR INSTRUCTIONS).I would like to now turn the call over to your host Ms. Suzy Hollinger, Manager, Treasury and Investor Relations. Ma'am you may proceed.... 5/7/2008 3:06:00 PMHawaiian Electric Industries, Inc.54.0000FinalQ1 2008 Hawaiian Electric Industries, Inc. Earnings Conference Call TranscriptHE8:00am HTTranscriptT1826694Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/635853spcred/635853normThe latest Summary from S&P3/14/2008 9:04:35 PMSummary175global635853United StatesElectric UtilitiesUnited StatesGlobal IssuersCorporationsUtilitiesElectricSummaryThe ratings on Hawaiian Electric Industries Inc. (HEI) are based on the consolidated credit profile of HEI companies, which includes three utilities: Hawaiian Electric Co. Inc. (HECO) and its subsidiaries Hawaii Electric Light Company, Inc. (HELCO); and Maui Electric Company, Limited (MECO); as well as American Savings Bank FSB (ASB), the third-largest bank in Hawaii. The utilities constitute the majority of revenues and income (83% of revenues and 62% of income from continuing operations, as of Dec. 31, 2007). HEI's business profiles is 'strong' and is characterized by diversification of consolidated operations through the ownership of utility and banking assets that provide regulated, predictable cash flows. These strengths are tempered by Hawaii's economic dependence on tourism and federal government spending,USA41987041987Q41986641987V41987W41987K41987L55101010 551010 5510 55Hawaiian Electric Industries Inc.101075USAHESUMMARYGLOBISSCORPUTILElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1744288ccbn/T1744288norm...Good day, ladies and gentlemen. Welcome to the Fourth Quarter #### Hawaiian Electric Industries Incorporated earnings conference call. My name is Lauren and I'll be your coordinator for today. At this time all participants are in listen only mode. (OPERATOR INSTRUCTIONS) I'd now like to turn the presentation over to your host for today's call, Ms. Suzy Hollinger, Manager of Treasury and Investor Relations. ... 2/22/2008 4:05:00 PMHawaiian Electric Industries, Inc.54.0000FinalQ4 2007 Hawaiian Electric Industries, Inc. Earnings Conference Call TranscriptHE1:00pm ETTranscriptT1744288Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/moodys/COP_362100moodys/COP_362100htmlGlobal Credit Research Credit Opinion # SEP #### Credit Opinion: Hawaiian Electric Industries, Inc. Hawaiian Electric Industries, Inc. Honolulu, Hawaii, United States Ratings Category Moody's Rating Outlook Stable Senior Unsecured...1/2/2008 7:28:00 PMhtmlHawaiian Electric Industries, Inc.Hawaiian Electric Industries, Inc.362100150.0000NewsCredit OpinionCOP_362100Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1664411ccbn/T1664411norm11/2/2007 3:06:00 PMHawaiian Electric Industries, Inc.54.0000FinalQ3 2007 Hawaiian Electric Industries, Inc. Earnings Conference Call TranscriptHE7:00am HT...Good day, ladies and gentlemen, and welcome to the quarter three, #### Hawaiian Electric Industries earnings conference call. My name is Denise and I will be your coordinator. At this time all participants are in listen-only mode. We will conduct a question-and-answer session at the end of this conference. (OPERATOR INSTRUCTIONS) As a reminder this call is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's call, Ms. Suzy Hollinger. Please, proceed, ma'am. ... TranscriptT1664411Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/srp/22582srp/22582norm...Address:### Richards Street, Honolulu, Hawaii ##### Incorporated:HawaiiWeb Site: www.hei.comSIC Classification: Electric Services (####) Business Description: Hawaiian Electric Industries, Inc. is a holding company with subsidiaries engaged in the electric utility, savings bank and other businesses. Indices:Russell ####, Russell ####, S&P ### ... 22582419870100HE10/6/2006 12:30:00 PM22582Credit & Investment ResearchSharkRepellent.net