EX-99.EXHIBITA1 3 gpu_u9c3-052901exhibita1.txt EXHIBIT A-1 Exhibit A-1 GPU ADVANCED RESOURCES, INC. Balance Sheet March 31, 2001 ---------------------------- (Unaudited) Assets Current assets: Cash and temporary cash investments $13,112,221 Accounts receivable: Customers 3,738,041 Other 11,408 Deferred income taxes (19,763) Prepayments 82,706 ---------- Total current assets 16,924,613 ---------- Other property and investments 55,966 ---------- Deferred debits and other assets 24,474 ----------- Total Assets $17,005,053 ========== Liabilities & Stockholder's Equity Current liabilities: Accounts payable $ 3,912,849 Taxes accrued (607,895) Other 408,690 ---------- Total current liabilities 3,713,644 --------- Deferred credits and other liabilities 144,452 ---------- Stockholder's equity: Common stock 100 Capital surplus 25,900,000 Retained deficit (12,753,143) ---------- Total stockholder's equity 13,146,957 ---------- Total Liabilities & Stockholder's Equity $17,005,053 ========== Exhibit A-1 GPU ADVANCED RESOURCES, INC. Statement of Income ---------------------------- (Unaudited) Three Months Ended March 31,2001 ------------- Operating Revenues $12,273,566 ---------- Operating Expenses: Power purchased 11,166,662 Other operation and maintenance 651,705 ---------- Total Operating Expenses 11,818,367 ---------- Operating Income 455,199 Other Income and Expenses, Net 228,342 ---------- Income Before Income Taxes 683,541 Income tax expense 252,566 ---------- Net Income $ 430,975 ==========