424B3 1 S-3 SELECTED FINANCIAL INFORMATION PROSPECTUS SUPPLEMENT Filed Pursuant To Rule 424(b)(3) (To Prospectus dated April 20, 1993 and Registration No. 33-61068 Prospectus Supplement dated April 28, 1993) $125,000,000 Central Louisiana Electric Company, Inc. Medium-Term Notes Due From 9 Months to 30 Years From Date of Issue The following selected financial information supplements the financial information appearing in and incorporated by reference into the accompanying Prospectus to which this Prospectus Supplement relates. SELECTED FINANCIAL INFORMATION
(In thousands, except ratios, percentages and per share data) Year ended December 31, ----------------------- 1993 1994 ---- ---- Statement of Income Data: Operating revenues $382,433 $379,603 Operating income $ 64,745 $ 70,430 Income before interest charges $ 67,571 $ 71,417 Net income $ 41,812 $ 45,043 Primary net income per common share $ 1.78 $ 1.92
Year ended December 31, -------------------------------------------- 1990 1991 1992 1993 1994 ---- ---- ---- ---- ---- S> Ratio of Earnings to Fixed Charges 2.84 2.99 3.16 3.30 3.35
December 31, 1994 ---------------------- Capital Structure: First mortgage bonds. . . . . . . . . $124,000 17.0% Medium-term notes . . . . . . . . . . 165,000 22.7 Other long-term debt(1)(2). . . . . . 62,741 8.6 Cumulative preferred stock(3) . . . . 13,264 1.8 Common shareholders' equity . . . . . 363,027 49.9 -------- ----- Total capitalization. . . . . . . . $728,032 100.0% -------- ----- -------- ----- Short-term debt. . . . . . . . . . . . $ 28,977 -------- --------
______________________ (1) Excludes current maturities of other long-term debt aggregating approximately $14.7 million. (2) Includes approximately $61.3 million aggregate principal amount of continuously remarketed variable rate pollution control revenue bonds due 2018. (3) Includes approximately $29.7 million of convertible preferred stock issued in April 1991 in connection with the establishment of an employee stock ownership plan, reduced by approximately $24.4 million of unearned compensation expense related to such employee stock ownership plan. The date of this Prospectus Supplement is May 24, 1995. Page 1 of 1