the second category , referred to as trading activities , which is included in adjusted earnings , represents the net unrealized effect of actively traded positions entered into to take advantage of expected market price movements and all other commodity hedging activities . at fpl , substantially all changes in the fair value of energy derivative transactions are deferred as a regulatory asset or liability until the contracts are settled , and , upon settlement , any gains or losses are passed through the fuel clause . see note 3. in 2011 , subsidiaries of neer completed the sales of their ownership interests in five natural gas-fired generating plants with a total generating capacity of approximately 2,700 mw located in california , virginia , alabama , south carolina and rhode island . in connection with these sales , a loss of approximately $ 151 million ( $ 98 million total after-tax with $ 92 million of this loss recorded by neer ) was recorded in nee 's consolidated statements of income , which was excluded from adjusted earnings . see note 4 - nonrecurring fair value measurements . in 2013 , an after-tax net gain from discontinued operations of $ 188 million ( $ 175 million recorded at neer and $ 13 million recorded at corporate and other ) was recorded in nee 's consolidated statements of income . the after-tax net gain from discontinued operations consisted of $ 231 million related to the 2013 sale of the ownership interest in a portfolio of hydropower generation plants and related assets located in maine and new hampshire , partly offset by a $ 43 million write down associated with the plan to sell ownership interests in oil-fired generating plants located in maine . the operations of these projects were not material to nee 's consolidated statements of income for 2013 , 2012 and 2011. see note 6. also in 2013 , neer recorded an impairment of $ 300 million and other related charges ( $ 342 million after-tax ) related to the spain solar projects in nee 's consolidated statements of income . see note 4 - nonrecurring fair value measurements and note 13 - spain solar projects . in order to make period to period comparisons more meaningful , in 2013 adjusted earnings also exc lude the after-tax net gain from discontinued operations , the after-tax charges associated with the impairment of the spain solar projects and , beginning in the third quarter of 2013 , the after-tax operating results associated with the spain solar projects . 44 the following table provides details of the adjustments to net income considered in computing nee 's adjusted earnings discussed above . replace_table_token_13_th ( a ) for 2013 , 2012 and 2011 , $ 54 million of losses , $ 37 million of losses and $ 193 million of gains , respectively , are included in neer 's net income ; the balance is included in corporate and other . ( b ) $ 92 million of the loss is included in neer 's net income ; the balance is included in corporate and other . ( c ) $ 175 million of the gain is included in neer 's net income ; the balance is included in corporate and other . the change in unrealized mark-to-market activity from non-qualifying hedges is primarily attributable to changes in forward power and natural gas prices , as well as the reversal of previously recognized unrealized mark-to-market gains or losses as the underlying transactions were realized . 2013 summary nee 's net income for 2013 was lower than 2012 by $ 3 million , or 9 cents per share , primarily due to lower results at neer , partly offset by higher results at fpl . the decline in earnings per share , assuming dilution , also reflects additional shares outstanding . during 2013 , nee and its subsidiaries commenced an enterprise-wide initiative focused mainly on improving productivity and reducing o & m expenses ( cost savings initiative ) , and management expects to continue those efforts over the near term . the transition costs associated with the cost savings initiative recorded by nee in 2013 amounted to approximately $ 72 million ( $ 44 million after-tax ) , of which $ 32 million of such after-tax costs were recorded by fpl and $ 12 million by neer . fpl 's increase in net income in 2013 was primarily driven by continued investments in plant in service while earning a 10.96 % regulatory roe on its retail rate base . in 2013 , fpl began operating under the 2012 rate agreement which increased revenues and cash flows without a material change in the earned regulatory roe . fpl completed the final stage of its generation uprate project at turkey point unit no . 4 , completed the installation of approximately 4.5 million smart meters and placed in service the approximately 1,210 mw natural gas-fired combined-cycle cape canaveral power plant . the fpsc approved 25-year natural gas transportation agreements , pending completion of pipeline construction by sabal trail and florida southeast connection ( see below ) . in 2013 , fpl maintained a typical residential 1,000 kwh bill that was the lowest among reporting electric utilities within florida and 28 % below the national average based on a rate per kwh as of july 2013. neer 's results decreased in 2013 prima rily due to the $ 342 million of after-tax charges associated with the impairment of the spain solar projects , partly offset by the $ 175 million net after-tax gain from discontinued operations and higher results from new investments . in 2013 , neer added approximately 374 mw of wind capacity in the u.s. and canada and 280 mw of solar capacity in the u.s. , and increased its backlog of contracted renewable development projects . story_separator_special_tag the change from december 31 , 2012 to december 31 , 2013 in deferred clause and franchise expenses and in deferred clause and franchise revenues was approximately $ 166 million and negatively affected nee 's and fpl 's cash flows from operating activities in 2013. the decrease in fuel cost recovery revenues in 2013 is primarily due to a lower average fuel factor , partly offset by gas sales associated with an incentive mechanism allowed under the 2012 rate agreement ( incentive gas sales ) and higher interchange power sales ( collectively , approximately $ 200 million ) . the decrease in fuel cost recovery revenues in 2012 is primarily due to a lower average fuel factor of approximately $ 558 million and lower energy sales of $ 43 million . the change in revenues from other cost recovery clauses and pass-through costs in 2013 and 2012 reflects higher revenues in 2012 associated with the fpsc 's nuclear cost recovery rule reflective of higher earnings on additional nuclear capacity investments 48 and the shift , in 2013 , to the collection of nuclear capacity recovery through retail base revenues ( see retail base above ) . the nuclear cost recovery rule provides for the recovery of prudently incurred pre-construction costs and carrying charges ( equal to the pretax afudc rate ) on construction costs and a return on investment for new nuclear capacity through levelized charges under the capacity clause . the same rule provides for the recovery of construction costs , once property related to the new nuclear capacity goes into service , through a retail base rate increase effective beginning the following january . other the increase in other revenues is primarily due to an increase in customer-related fees associated with the 2012 rate agreement . fpl expects revenues from wholesale sales to increase approximately $ 100 million in 2014 primarily due an increase in contracted load served under existing wholesale contracts . other items impacting fpl 's consolidated statements of income fuel , purchased power and interchange the major components of fpl 's fuel , purchased power and interchange expense are as follows : replace_table_token_15_th the decrease in fuel and energy charges in 2013 was primarily due to lower fuel and energy prices of approximately $ 306 million , reflecting additional nuclear generation in 2013 , which has a lower fuel cost , partly offset by gas purchased for incentive gas sales of $ 88 million and higher energy sales of $ 80 million . the additional nuclear generation in 2013 was primarily due to increased capacity of the nuclear units as a result of the nuclear uprate project and higher nuclear production reflecting lower outage duration in 2013. the decrease in fuel and energy charges in 2012 reflects lower fuel and energy prices of $ 526 million and lower energy sales of $ 54 million . o & m expenses fpl 's o & m expenses decreased $ 74 million in 2013 , reflecting lower cost recovery clause costs , which are essentially pass-through costs , of approximately $ 54 million , the absence of nuclear outage costs incurred during an outage in the prior year and company-wide reductions in o & m expenses , partly offset by $ 52 million of transition costs associated with the cost savings initiative . the ideas generated from the cost savings initiative are expected to keep fpl 's o & m expenses recovered through base rates flat through 2016 as compared to 2012. fpl 's o & m expenses increased $ 74 million in 2012 primarily due to higher employee-related and insurance costs , higher fossil plant outage costs primarily due to outage timing and higher cost recovery clause costs of approximately $ 21 million . depreciation and amortization expense the major components of fpl 's depreciation and amortization expense are as follows : replace_table_token_16_th the reserve amortization recorded in 2013 was lower than amortization recorded in the prior year primarily due to additional base revenues collected in 2013 associated with new retail base rates under the 2012 rate agreement . at december 31 , 2013 approximately $ 245 million of the reserve remains available for future amortization over the term of the 2012 rate agreement . beginning in 2013 , reserve amortization is recorded as a reduction of regulatory liabilities - accrued asset removal costs on the consolidated balance sheets . reserve amortization in 2013 did not offset the charges associated with the cost savings initiative . the increase in other depreciation and amortization expense recovered under base rates for 2013 and 2012 is primarily due to higher plant in service balances . the increase in depreciation and amortization recovered under cost recovery clauses and securitized storm-recovery cost amortization in 2013 and 2012 is primarily due to recoveries of prior year investment under the 49 fpsc 's nuclear cost recovery rule and higher plant in service balances associated with environmental projects under the environmental clause . taxes other than income taxes and other taxes other than income taxes and other increased $ 63 million in 2013 primarily due to higher property taxes , reflecting growth in plant in service balances , and higher payroll taxes . the decrease of $ 3 million in 2012 was primarily due to lower franchise fees and revenue taxes ( collectively , approximately $ 31 million ) , both of which are pass-through costs and reflect the decrease in fuel cost recovery clause revenues , partly offset by higher property taxes of $ 28 million reflecting growth in plant in service balances . interest expense the decrease in interest expense in 2013 is primarily due to lower average interest rates and higher afudc - debt , partly offset by higher average debt balances . the increase in interest expense in 2012 is primarily due to higher average debt balances , partly offset by lower average interest rates , lower interest expense on customer deposits reflecting lower rates and lower average customer deposit balances

liquidity and capital resources nee and its subsidiaries , including fpl , require funds to support and grow their businesses . these funds are used for , among other things , working capital , capital expenditures , investments in or acquisitions of assets and businesses , payment of maturing debt obligations and , from time to time , redemption or repurchase of outstanding debt or equity securities . it is anticipated that these requirements will be satisfied through a combination of cash flows from operations , short- and long-term borrowings , the issuance , from time to time , of short- and long-term debt and equity securities and proceeds from the sale of differential membership interests , consistent with nee 's and fpl 's objective of maintaining , on a long-term basis , a capital structure that will support a strong investment grade credit rating . in 2013 , nee entered into a confirmation of forward sale transaction to issue 6.6 million shares to a forward counterparty , on a settlement date or dates to be specified at nee 's direction , which settlement will occur no later than december 31 , 2014. see note 10 - issuance of common stock and forward sale agreement . nee , fpl and neech rely on access to credit and capital markets as significant sources of liquidity for capital requirements and other operations that are not satisfied by operating cash flows . the inability of nee , fpl and neech to maintain their current credit ratings could affect their ability to raise short- and long-term capital , their cost of capital and the execution of their respective financing strategies , and could require the posting of additional collateral under certain agreements . cash flows nee 's and fpl 's increase in cash flows from operating activities for 2013 reflect an increase in retail base rates and charges associated with fpl 's 2012 rate agreement and , for nee , also reflects operating cash generated from approximately 1,500 mw of neer wind projects placed in service in 2012 , primarily in the fourth quarter .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources nee and its subsidiaries , including fpl , require funds to support and grow their businesses . these funds are used for , among other things , working capital , capital expenditures , investments in or acquisitions of assets and businesses , payment of maturing debt obligations and , from time to time , redemption or repurchase of outstanding debt or equity securities . it is anticipated that these requirements will be satisfied through a combination of cash flows from operations , short- and long-term borrowings , the issuance , from time to time , of short- and long-term debt and equity securities and proceeds from the sale of differential membership interests , consistent with nee 's and fpl 's objective of maintaining , on a long-term basis , a capital structure that will support a strong investment grade credit rating . in 2013 , nee entered into a confirmation of forward sale transaction to issue 6.6 million shares to a forward counterparty , on a settlement date or dates to be specified at nee 's direction , which settlement will occur no later than december 31 , 2014. see note 10 - issuance of common stock and forward sale agreement . nee , fpl and neech rely on access to credit and capital markets as significant sources of liquidity for capital requirements and other operations that are not satisfied by operating cash flows . the inability of nee , fpl and neech to maintain their current credit ratings could affect their ability to raise short- and long-term capital , their cost of capital and the execution of their respective financing strategies , and could require the posting of additional collateral under certain agreements . cash flows nee 's and fpl 's increase in cash flows from operating activities for 2013 reflect an increase in retail base rates and charges associated with fpl 's 2012 rate agreement and , for nee , also reflects operating cash generated from approximately 1,500 mw of neer wind projects placed in service in 2012 , primarily in the fourth quarter .
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 Suspicious Activity Report : the second category , referred to as trading activities , which is included in adjusted earnings , represents the net unrealized effect of actively traded positions entered into to take advantage of expected market price movements and all other commodity hedging activities . at fpl , substantially all changes in the fair value of energy derivative transactions are deferred as a regulatory asset or liability until the contracts are settled , and , upon settlement , any gains or losses are passed through the fuel clause . see note 3. in 2011 , subsidiaries of neer completed the sales of their ownership interests in five natural gas-fired generating plants with a total generating capacity of approximately 2,700 mw located in california , virginia , alabama , south carolina and rhode island . in connection with these sales , a loss of approximately $ 151 million ( $ 98 million total after-tax with $ 92 million of this loss recorded by neer ) was recorded in nee 's consolidated statements of income , which was excluded from adjusted earnings . see note 4 - nonrecurring fair value measurements . in 2013 , an after-tax net gain from discontinued operations of $ 188 million ( $ 175 million recorded at neer and $ 13 million recorded at corporate and other ) was recorded in nee 's consolidated statements of income . the after-tax net gain from discontinued operations consisted of $ 231 million related to the 2013 sale of the ownership interest in a portfolio of hydropower generation plants and related assets located in maine and new hampshire , partly offset by a $ 43 million write down associated with the plan to sell ownership interests in oil-fired generating plants located in maine . the operations of these projects were not material to nee 's consolidated statements of income for 2013 , 2012 and 2011. see note 6. also in 2013 , neer recorded an impairment of $ 300 million and other related charges ( $ 342 million after-tax ) related to the spain solar projects in nee 's consolidated statements of income . see note 4 - nonrecurring fair value measurements and note 13 - spain solar projects . in order to make period to period comparisons more meaningful , in 2013 adjusted earnings also exc lude the after-tax net gain from discontinued operations , the after-tax charges associated with the impairment of the spain solar projects and , beginning in the third quarter of 2013 , the after-tax operating results associated with the spain solar projects . 44 the following table provides details of the adjustments to net income considered in computing nee 's adjusted earnings discussed above . replace_table_token_13_th ( a ) for 2013 , 2012 and 2011 , $ 54 million of losses , $ 37 million of losses and $ 193 million of gains , respectively , are included in neer 's net income ; the balance is included in corporate and other . ( b ) $ 92 million of the loss is included in neer 's net income ; the balance is included in corporate and other . ( c ) $ 175 million of the gain is included in neer 's net income ; the balance is included in corporate and other . the change in unrealized mark-to-market activity from non-qualifying hedges is primarily attributable to changes in forward power and natural gas prices , as well as the reversal of previously recognized unrealized mark-to-market gains or losses as the underlying transactions were realized . 2013 summary nee 's net income for 2013 was lower than 2012 by $ 3 million , or 9 cents per share , primarily due to lower results at neer , partly offset by higher results at fpl . the decline in earnings per share , assuming dilution , also reflects additional shares outstanding . during 2013 , nee and its subsidiaries commenced an enterprise-wide initiative focused mainly on improving productivity and reducing o & m expenses ( cost savings initiative ) , and management expects to continue those efforts over the near term . the transition costs associated with the cost savings initiative recorded by nee in 2013 amounted to approximately $ 72 million ( $ 44 million after-tax ) , of which $ 32 million of such after-tax costs were recorded by fpl and $ 12 million by neer . fpl 's increase in net income in 2013 was primarily driven by continued investments in plant in service while earning a 10.96 % regulatory roe on its retail rate base . in 2013 , fpl began operating under the 2012 rate agreement which increased revenues and cash flows without a material change in the earned regulatory roe . fpl completed the final stage of its generation uprate project at turkey point unit no . 4 , completed the installation of approximately 4.5 million smart meters and placed in service the approximately 1,210 mw natural gas-fired combined-cycle cape canaveral power plant . the fpsc approved 25-year natural gas transportation agreements , pending completion of pipeline construction by sabal trail and florida southeast connection ( see below ) . in 2013 , fpl maintained a typical residential 1,000 kwh bill that was the lowest among reporting electric utilities within florida and 28 % below the national average based on a rate per kwh as of july 2013. neer 's results decreased in 2013 prima rily due to the $ 342 million of after-tax charges associated with the impairment of the spain solar projects , partly offset by the $ 175 million net after-tax gain from discontinued operations and higher results from new investments . in 2013 , neer added approximately 374 mw of wind capacity in the u.s. and canada and 280 mw of solar capacity in the u.s. , and increased its backlog of contracted renewable development projects . story_separator_special_tag the change from december 31 , 2012 to december 31 , 2013 in deferred clause and franchise expenses and in deferred clause and franchise revenues was approximately $ 166 million and negatively affected nee 's and fpl 's cash flows from operating activities in 2013. the decrease in fuel cost recovery revenues in 2013 is primarily due to a lower average fuel factor , partly offset by gas sales associated with an incentive mechanism allowed under the 2012 rate agreement ( incentive gas sales ) and higher interchange power sales ( collectively , approximately $ 200 million ) . the decrease in fuel cost recovery revenues in 2012 is primarily due to a lower average fuel factor of approximately $ 558 million and lower energy sales of $ 43 million . the change in revenues from other cost recovery clauses and pass-through costs in 2013 and 2012 reflects higher revenues in 2012 associated with the fpsc 's nuclear cost recovery rule reflective of higher earnings on additional nuclear capacity investments 48 and the shift , in 2013 , to the collection of nuclear capacity recovery through retail base revenues ( see retail base above ) . the nuclear cost recovery rule provides for the recovery of prudently incurred pre-construction costs and carrying charges ( equal to the pretax afudc rate ) on construction costs and a return on investment for new nuclear capacity through levelized charges under the capacity clause . the same rule provides for the recovery of construction costs , once property related to the new nuclear capacity goes into service , through a retail base rate increase effective beginning the following january . other the increase in other revenues is primarily due to an increase in customer-related fees associated with the 2012 rate agreement . fpl expects revenues from wholesale sales to increase approximately $ 100 million in 2014 primarily due an increase in contracted load served under existing wholesale contracts . other items impacting fpl 's consolidated statements of income fuel , purchased power and interchange the major components of fpl 's fuel , purchased power and interchange expense are as follows : replace_table_token_15_th the decrease in fuel and energy charges in 2013 was primarily due to lower fuel and energy prices of approximately $ 306 million , reflecting additional nuclear generation in 2013 , which has a lower fuel cost , partly offset by gas purchased for incentive gas sales of $ 88 million and higher energy sales of $ 80 million . the additional nuclear generation in 2013 was primarily due to increased capacity of the nuclear units as a result of the nuclear uprate project and higher nuclear production reflecting lower outage duration in 2013. the decrease in fuel and energy charges in 2012 reflects lower fuel and energy prices of $ 526 million and lower energy sales of $ 54 million . o & m expenses fpl 's o & m expenses decreased $ 74 million in 2013 , reflecting lower cost recovery clause costs , which are essentially pass-through costs , of approximately $ 54 million , the absence of nuclear outage costs incurred during an outage in the prior year and company-wide reductions in o & m expenses , partly offset by $ 52 million of transition costs associated with the cost savings initiative . the ideas generated from the cost savings initiative are expected to keep fpl 's o & m expenses recovered through base rates flat through 2016 as compared to 2012. fpl 's o & m expenses increased $ 74 million in 2012 primarily due to higher employee-related and insurance costs , higher fossil plant outage costs primarily due to outage timing and higher cost recovery clause costs of approximately $ 21 million . depreciation and amortization expense the major components of fpl 's depreciation and amortization expense are as follows : replace_table_token_16_th the reserve amortization recorded in 2013 was lower than amortization recorded in the prior year primarily due to additional base revenues collected in 2013 associated with new retail base rates under the 2012 rate agreement . at december 31 , 2013 approximately $ 245 million of the reserve remains available for future amortization over the term of the 2012 rate agreement . beginning in 2013 , reserve amortization is recorded as a reduction of regulatory liabilities - accrued asset removal costs on the consolidated balance sheets . reserve amortization in 2013 did not offset the charges associated with the cost savings initiative . the increase in other depreciation and amortization expense recovered under base rates for 2013 and 2012 is primarily due to higher plant in service balances . the increase in depreciation and amortization recovered under cost recovery clauses and securitized storm-recovery cost amortization in 2013 and 2012 is primarily due to recoveries of prior year investment under the 49 fpsc 's nuclear cost recovery rule and higher plant in service balances associated with environmental projects under the environmental clause . taxes other than income taxes and other taxes other than income taxes and other increased $ 63 million in 2013 primarily due to higher property taxes , reflecting growth in plant in service balances , and higher payroll taxes . the decrease of $ 3 million in 2012 was primarily due to lower franchise fees and revenue taxes ( collectively , approximately $ 31 million ) , both of which are pass-through costs and reflect the decrease in fuel cost recovery clause revenues , partly offset by higher property taxes of $ 28 million reflecting growth in plant in service balances . interest expense the decrease in interest expense in 2013 is primarily due to lower average interest rates and higher afudc - debt , partly offset by higher average debt balances . the increase in interest expense in 2012 is primarily due to higher average debt balances , partly offset by lower average interest rates , lower interest expense on customer deposits reflecting lower rates and lower average customer deposit balances

