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XEL » Topics » Legal Costs

This excerpt taken from the XEL 10-K filed Feb 27, 2006.
Legal Costs — Litigation accruals are recorded when it is probable Xcel Energy is liable for the costs and the liability can be reasonably estimated.  Legal accruals are recorded net of insurance recovery.  Legal costs related to settlements are not accrued, but expensed as incurred.

 

This excerpt taken from the XEL 10-K filed Mar 4, 2005.
Legal Costs — Litigation settlements are recorded when it is probable Xcel Energy is liable for the costs and the liability can be reasonably estimated.  Legal accruals are recorded net of insurance recovery.  Legal costs related to settlements are not accrued, but expensed as incurred.

 

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EXCERPTS ON THIS PAGE:

10-K
Feb 27, 2006
10-K
Mar 4, 2005

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