Exhibit 99

VIRGINIA ELECTRIC AND POWER COMPANY

CONDENSED CONSOLIDATED EARNINGS STATEMENT
(Unaudited)

	Twelve Months Ended September 30, 2005
	(millions)
Operating Revenue	$6,428
Operating Expenses	6,430
Income (loss) from operations	(2)
Other income	71
Interest and related charges	280
Income (loss) before income taxes	(211)
Income tax expense (benefit)	(98)
Net income (loss)	(113)
Preferred dividends	16
Balance available for common stock	$  (129)