|
PP&L RESOURCES INC. AND SUBSIDIARY COMPANIES
CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)
|
|
June 1996
|
|
Thousands of Dollars
|
|
|
3 Months Ended June 30
|
6 Months Ended June 30
|
|
|
1996
|
1995
|
1996
|
1995
|
|
Operating revenues
|
$669,070
|
$609,213
|
$1,458,263
|
$1,336,698
|
|
Net income
|
61,327
|
44,719
|
177,589
|
146,039
|
|
Earnings per share of common stock (based on average number of shares outstanding)
|
$0.38
|
$0.28
|
$1.11
|
$0.93
|
|
Average number of shares outstanding (thousands)
|
160,610
|
157,161
|
160,271
|
156,688
|
|
Thousands of Dollars
|
|
12 Months Ended June 30
|
|
|
1996
|
1995
|
|
Operating revenues
|
$2,873,363
|
$2,652,126
|
|
Net income
|
354,203
|
208,830
|
|
Earnings per share of common stock (based on average number of shares outstanding)
|
$2.22
|
$1.34
|
|
Average number of shares outstanding (thousands)
|
159,429
|
155,534
|
|
SYSTEM SALES COMPARISONS -- ACTUAL
|
|
Millions of kwh
|
|
|
3 Months Ended June 30
|
6 Months Ended June 30
|
|
|
1996
|
1995
|
Percent Change
|
1996
|
1995
|
Percent Change
|
|
Residential
|
2,543
|
2,381
|
6.8
|
6,565
|
5,943
|
10.5
|
|
Commercial
|
2,393
|
2,327
|
2.8
|
5,151
|
4,889
|
5.4
|
|
Industrial
|
2,478
|
2,499
|
-0.8
|
4,828
|
4,874
|
-0.9
|
|
Other
|
360
|
360
|
0.2
|
848
|
814
|
4.2
|
|
Total
|
7,775
|
7,567
|
2.8
|
17,392
|
16,520
|
5.3
|
|
SYSTEM SALES COMPARISONS -- ACTUAL
|
|
Millions of kwh
|
|
12 Months Ended June 30
|
|
|
1996
|
1995
|
Percent Change
|
|
Residential
|
11,922
|
10,911
|
9.3
|
|
Commercial
|
10,210
|
9,683
|
5.4
|
|
Industrial
|
9,799
|
9,760
|
0.4
|
|
Other
|
1,612
|
1,562
|
3.2
|
|
Total
|
33,543
|
31,916
|
5.1
|
|
SYSTEM SALES COMPARISONS -- WEATHER-ADJUSTED
|
|
Millions of kwh
|
|
|
3 Months Ended June 30
|
6 Months Ended June 30
|
|
|
1996
|
1995
|
Percent Change
|
1996
|
1995
|
Percent Change
|
|
Residential
|
2,463
|
2,426
|
1.5
|
6,330
|
6,189
|
2.3
|
|
Commercial
|
2,369
|
2,337
|
1.3
|
5,088
|
4,949
|
2.8
|
|
Industrial
|
2,478
|
2,499
|
-0.8
|
4,828
|
4,874
|
-0.9
|
|
Other
|
354
|
361
|
-1.8
|
833
|
830
|
0.3
|
|
Total
|
7,664
|
7,622
|
0.5
|
17,079
|
16,842
|
1.4
|
|
SYSTEM SALES COMPARISONS -- WEATHER-ADJUSTED
|
|
Millions of kwh
|
|
12 Months Ended June 30
|
|
|
1996
|
1995
|
Percent Change
|
|
Residential
|
11,402
|
11,268
|
1.2
|
|
Commercial
|
10,029
|
9,751
|
2.9
|
|
Industrial
|
9,799
|
9,760
|
0.4
|
|
Other
|
1,568
|
1,588
|
-1.2
|
|
Total
|
32,797
|
32,367
|
1.3
|
|