Alliant Energy Earnings Call Nuggets: New Base and Cash Benefit in 2015

Alliant Energy Corporation (NYSE:LNT) recently reported its fourth quarter earnings and discussed the following topics in its earnings conference call.

New Base

John Ali – Decade Capital: I apologize, but I missed the first few minutes of the call. I was wondering your CAGR is 5% to 7%, what is the new base and how many years does that extend to?

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Patricia Kampling – Chairman, President and CEO: Sure. At the beginning of the call, we mentioned that the new base would be 2012 non-GAAP with the normalized earnings. So that number is $2.93 per share and we should go out five years and its five years.