EX-99 10 ex99-4.htm FINANCIAL STATEMENTS FS-2

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DCTC-Burney, Inc.
Consolidated Balance Sheet
(Dollars in Thousands)
(Unaudited)


ASSETS

As of June 30,
2002

 

Current Assets

 

Cash and cash equivalents

*

 

Accounts receivable

*

 

*

   

Investment in Burney Forest Products

*

   

Deferred income taxes

*

   

Total Assets

*

LIABILITIES AND OWNER'S EQUITY

 
 

Current Liabilities

 

Taxes accrued

*

 

Other

*

 

*

Capitalization

 
 

Conectiv common stock

*

 

Additional paid-in capital

*

 

Retained earnings

*

   

Total capitalization

*

Total Capitalization and Liabilities

*

 

* Filed under request for confidential treatment pursuant to Rule 104(b) of the Public Utility Holding Company Act of 1935.

 

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DCTC-Burney, 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

*

 

Taxes other than income taxes

*

 

*

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.