EX-99.1 2 0002.txt EXHIBIT FS-1 DPL
Exhibit FS-1 DPL DELMARVA POWER & LIGHT COMPANY ACTUAL CONSOLIDATED STATEMENT OF INCOME FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 2000 (Dollars in Thousands) (Unaudited) Actual ------------- OPERATING REVENUES Electric $1,468,745 Gas 784,510 Other services 31,105 ------------- 2,284,360 ------------- OPERATING EXPENSES Electric fuel and purchased energy and capacity 809,341 Gas purchased 732,794 Other services' cost of sales 23,284 Operation and maintenance 274,550 Depreciation and amortization 117,258 Taxes other than income taxes 42,852 ------------- 2,000,079 ------------- OPERATING INCOME 284,281 ------------- OTHER INCOME 5,948 ------------- INTEREST EXPENSE Interest charges 77,642 Allowance for borrowed funds used during construction and capitalized interest (1,197) ------------- 76,445 ------------- PREFERRED DIVIDEND REQUIREMENT ON PREFERRED SECURITIES OF A SUBSIDIARY TRUST 5,687 ------------- INCOME BEFORE INCOME TAXES 208,097 INCOME TAXES 82,325 ------------- NET INCOME 125,772 DIVIDENDS ON PREFERRED STOCK 4,879 ------------- EARNINGS APPLICABLE TO COMMON STOCK $ 120,893 ============= See accompanying Notes to Consolidated Financial Statements on FS-8.