EX-99.2 4 dex992.htm AEP 2003 ESTIMATED CASH FLOWS AEP 2003 Estimated Cash Flows

 

Exhibit 99.2

 

AEP

Cash Flows

 

    

2003 $ MM

Sources

     

Internal:   Net Income

   

790

Depreciation

   

1,400

Other

   

—  

    
    

2,190

    

External:  Equity/Convertible

   

1,000

Long Term Debt Issuances

   

3,150

Asset Sales

   

—  

    

Total Sources

   

6,340

    

Uses

     

Cap Ex:   Ongoing

   

1,200

Environmental

   

250

    
    

1,450

    

LTD Maturities

   

1,260

LTD Refunding

   

150

STD Reductions

   

2,740

Dividends

   

610

Increase in Cash

   

130

    

Total Uses

   

6,340