FS-3 Page 1 of 2
Atlantic Generation, Inc. Consolidated Balance Sheet (Dollars in Thousands) (Unaudited)
ASSETS			As of June 30, 2002
Current Assets
	Accounts receivable		*
	Income tax benefit receivable		*
			*
Investments
	Investment in ATE		*
	Investment in Energy Investors Fund		*
	Investment in electric generating facility		*
	Other investments		*
			*
Property, Plant and Equipment
	Property, plant and equipment		*
	Less: Accumulated depreciation		*
	Net plant		*
			*
Total Assets			*
LIABILITIES AND OWNER'S EQUITY
Current Liabilities
	Accounts payable to associated companies		*
	Interest accrued		*
			*
Deferred Credits and Other Liabilities
			*
			*
Capitalization
	Additional paid-in capital		*
	Retained deficit		*
	Conectiv money pool loan		*
		Total equity	*
Total Capitalization and Liabilities			*
* Filed under request for confidential treatment pursuant to Rule 104(b) of the Public Utility Holding Company Act of 1935.

FS-3 Page 2 of 2
Atlantic Generation, Inc. Consolidated Statements of Income (Dollars in Thousands) (Unaudited)
		Six Months Ended June 30, 2002
OPERATING REVENUES		*
OPERATING EXPENSES
	Operation and maintenance	*
	Depreciation and amortization	*
		*
OPERATING INCOME		*
OTHER INCOME		*
INTEREST EXPENSE		*
INCOME BEFORE INCOME TAXES		*
INCOME TAXES		*
NET INCOME		*
* Filed under request for confidential treatment pursuant to Rule 104(b) of the Public Utility Holding Company Act of 1935.