|
PENNSYLVANIA POWER & LIGHT COMPANY AND SUBSIDIARY COMPANIES
CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
|
|
DECEMBER 1994
|
|
Thousands of Dollars
|
|
|
3 Months Ended Dec. 31
|
12 Months Ended Dec. 31
|
|
|
1994
|
1993
|
1994
|
1993
|
|
Operating revenues
|
$654,286
|
$695,711
|
$2,725,099
|
$2,727,002
|
|
Net income
|
(279)
|
80,735
|
244,340
|
348,126
|
Dividends on preferred
and preference stock
|
6,943
|
7,757
|
28,405
|
33,885
|
Earnings applicable
to common stock
|
(7,222)
|
72,978
|
215,935
|
314,241
|
Earnings per share of
common stock (based
on average number of
shares outstanding)
|
($0.05)
|
$0.48
|
$1.41
|
$2.07
|
Average number of
shares outstanding
(thousands)
|
154,898
|
151,947
|
153,458
|
151,904
|
|
SYSTEM SALES COMPARISONS -- ACTUAL
|
|
Millions of kwh
|
|
|
3 Months Ended Dec. 31
|
12 Months Ended Dec. 31
|
|
|
1994
|
1993
|
Percent Change
|
1994
|
1993
|
Percent Change
|
|
Residential
|
2,505
|
2,605
|
(3.8)
|
11,444
|
11,043
|
3.6
|
|
Commercial
|
2,295
|
2,232
|
2.8
|
9,716
|
9,373
|
3.7
|
|
Industrial
|
2,448
|
2,298
|
6.5
|
9,536
|
9,100
|
4.8
|
|
Other
|
381
|
420
|
(9.3)
|
1,618
|
1,534
|
5.5
|
|
Total
|
7,629
|
7,555
|
1.0
|
32,314
|
31,050
|
4.1
|
|
SYSTEM SALES COMPARISONS -- WEATHER-ADJUSTED
|
|
Millions of kwh
|
|
|
3 Months Ended Dec. 31
|
12 Months Ended Dec. 31
|
|
|
1994
|
1993
|
Percent Change
|
1994
|
1993
|
Percent Change
|
|
Residential
|
2,684
|
2,615
|
2.6
|
11,253
|
11,010
|
2.2
|
|
Commercial
|
2,339
|
2,235
|
4.7
|
9,638
|
9,311
|
3.5
|
|
Industrial
|
2,448
|
2,298
|
6.5
|
9,536
|
9,100
|
4.8
|
|
Other
|
397
|
419
|
(5.3)
|
1,604
|
1,523
|
5.3
|
|
Total
|
7,868
|
7,568
|
4.0
|
32,031
|
30,944
|
3.5
|
|