8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 1, 2005

Commission File Number	Registrant, State of Incorporation, Address and Telephone Number	I.R.S. Employer Identification Number
001-32206	GREAT PLAINS ENERGY INCORPORATED	43-1916803
	(A Missouri Corporation)
	1201 Walnut Street
	Kansas City, Missouri 64106
	(816) 556-2200
	NOT APPLICABLE
(Former name or former address, if changed since last report)
1-707	KANSAS CITY POWER & LIGHT COMPANY	44-0308720
	(A Missouri Corporation)
	1201 Walnut Street
	Kansas City, Missouri 64106
	(816) 556-2200
	NOT APPLICABLE
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
	(17 CFR 240.14d-2(b))
[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Great Plains Energy Incorporated (Great Plains Energy) and Kansas City Power & Light Company (KCP&L) (the Registrants) are separately furnishing this combined Current Report on Form 8-K (Report). Information contained herein relating to an individual Registrant is furnished by such registrant on its own behalf. Each Registrant makes representations only as to information relating to itself.

Item 2.02  Results of Operations and Financial Condition

On November 1, 2005, Great Plains Energy issued a press release announcing 2005 third quarter earnings information and increasing 2005 core earnings guidance. A copy of the press release is attached to this report on Form 8-K as Exhibit 99.

The press release contains information regarding Great Plains Energy's reportable segments, including the KCP&L reportable segment. Accordingly, this report is also being furnished on behalf of KCP&L.

The information, including the exhibit attached hereto, in this report is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01	Financial Statements and Exhibits
(c) Exhibit No.
99	Press release issued by Great Plains Energy Incorporated on November 1, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GREAT PLAINS ENERGY INCORPORATED

/s/Lori Wright

Lori Wright

Controller

KANSAS CITY POWER & LIGHT COMPANY

/s/Lori Wright

Lori Wright

Controller

Date: November 1, 2005

EX-99

Exhibit 99

Media Contact:	Tom Robinson
	816-556-2902

Investor Contact:	Todd Allen
	816-556-2083

FOR IMMEDIATE RELEASE

GREAT PLAINS ENERGY ANNOUNCES THIRD QUARTER FINANCIAL RESULTS

Increases 2005 Core Earnings Guidance

KANSAS CITY, MO, November 1, 2005 – Great Plains Energy Incorporated (NYSE:GXP) today announced third quarter 2005 earnings available for common shareholders of $90.4 million or $1.21 per share, compared to third quarter 2004 earnings of $75.5 million or $1.02 per share. Core earnings, which exclude the impact of KLT Gas discontinued operations and mark-to-market gains and losses on energy contracts, were $77.9 million or $1.05 per share, compared to $65.0 million or $0.87 per share in the third quarter of 2004.

Year to date September 30, 2005, earnings were $131.7 million or $1.77 per share, compared to $143.6 million or $2.02 per share for the same period last year. Core earnings year to date were $118.4 million or $1.59 per share, compared to $135.4 million or $1.90 per share for same period last year.

Chairman Michael Chesser commented, “During the quarter KCP&L overcame the failure of the relatively new main transformer at our Hawthorn 5 coal plant. The 32-day outage caused increased fuel and purchased power expenses and lower wholesale revenues. Despite this outage, 2005 remains on track to be one of the company’s best years for coal fleet availability. With Hawthorn 5 now back in service, KCP&L expects to be able to sell wholesale MWh’s at higher prices than previously expected during the fourth quarter.”

“Strategic Energy’s performance has also been encouraging,” Chesser pointed out. “Despite the challenging environment of high energy prices, Strategic Energy’s year to date MWh’s delivered are consistent with those for 2004 and it has retained more than 80% of its customer load. We’ve experienced strong demand for our new index-based products, which accounted for almost 60% of new contract volume for the year. We continue to believe Strategic Energy has re-positioned itself to succeed within the volatile energy price environment and to capitalize on growth opportunities in competitive supply once the pricing environment improves.”

Mr. Chesser concluded, “Based on our performance year to date and expectations for higher wholesale prices in the fourth quarter, we are increasing Great Plains Energy’s 2005 core earnings guidance to a range of $2.15 to $2.30 per share.” (See Attachment G)

Kansas City Power & Light

KCP&L earned $69.1 million in the third quarter 2005, compared to $64.2 million in the same period last year. Third quarter 2005 revenues were $353.0 million, up from $323.3 million last year.

Retail revenues increased $31.5 million to $309.5 million compared to the same quarter last year driven by warmer weather. Wholesale revenues during the quarter were $39.3

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million, down 3% from the year ago period. Higher retail usage, the Hawthorn 5 outage and coal conservation measures led to third quarter wholesale volumes which were 37% lower than last year. However, the decrease in wholesale volume was largely offset by wholesale prices that were almost double last year’s average level.

Fuel and purchased power costs during the third quarter were $36.0 million higher than last year driven by the Hawthorn 5 outage and higher natural gas prices. Third quarter income taxes were $16.2 million lower than last year primarily due to a lower composite tax rate and lower taxable income. KCP&L also benefited from the regulatory accounting treatment of pension expense.

Year to date September 30, 2005, KCP&L’s earnings were $109.0 million, compared to $118.4 million in the same period last year. The lower year to date earnings were driven by a $37.9 million increase in fuel and purchased power expenses, and the effect of scheduled and forced outages on wholesale sales, which more than offset favorable weather, higher wholesale prices and lower interest and income tax expenses.

Strategic Energy

Strategic Energy earned $18.1 million in the third quarter of 2005, compared to $13.4 million in the same period last year. Third quarter revenues increased 10% from the same period last year to $429.9 million driven by increased power prices, while retail MWhs delivered during the quarter declined by 5%. Core earnings in the third quarter of 2005, which exclude $10.7 million in after-tax, net mark-to-market gains on energy contracts, were $7.4 million or $0.10 per share in the third quarter compared to $10.9 million or $0.14 per share last year. As discussed last quarter, results were also impacted by a transitional charge, called Seams Elimination Cost Adjustment or SECA, related to the Midwest Independent Transmission System Operator, Inc. and PJM Interconnection markets.

Third quarter retail gross margins per MWh were $7.85, which includes $3.36 per MWh due to net mark-to-market gains on energy contracts. This compares to retail gross margins of $5.50 last year, which included $0.77 of net mark-to-market gains on energy contracts. Average retail gross margin per MWh on new contracts in the third quarter was $3.53, up from $2.86 in the second quarter, primarily due to increased sales to smaller, high margin customers.

Year to date September 30, 2005, Strategic Energy earned $34.6 million, compared to $32.0 million in the same period last year. Earnings for the year to date period were impacted by mark-to-market gains on energy contracts and $4.7 million after tax due to SECA. Core earnings, which exclude $15.1 million in after-tax, net mark-to-market gains on energy contracts, were $19.5 million or $0.26 per share year to date compared to $29.8 million or $0.42 per share last year. Core earnings were also impacted by SECA charges. Year to date MWhs delivered were flat compared to last year, while retail gross margins per MWh were $6.30, which included $1.71 per MWh of net mark-to-market gains on energy contracts. This compares to $6.00 in 2004, which included $0.25 per MWh of net mark-to-market gains on energy contracts.

At September 30, Strategic Energy had 4.1 million MWhs in backlog for 2005. When combined with the 15.2 million MWhs delivered year to date, Strategic Energy expects 2005 deliveries to be within the previously stated range of 17.5-21 million MWhs.

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“Other” Category

The “other” category was breakeven during the quarter compared to a loss of $10.8 million in the third quarter last year. Results in this year’s quarter reflect the release of tax reserves. Additionally, while not affecting Great Plains Energy’s consolidated earnings, results in the same quarter last year included a loss due to changes in parent company tax allocations.

Non-GAAP Financial Measure

Great Plains Energy provides in its earnings releases descriptions of “core earnings” in addition to earnings calculated in accordance with GAAP. Great Plains Energy also provides its earnings guidance in terms of core earnings. Core earnings is a non-GAAP financial measure that differs from GAAP earnings because it excludes the effects of discontinued operations, certain unusual items and mark-to-market gains and losses on energy contracts. Core earnings for historical periods are reconciled to GAAP earnings in Attachments B and C.

Great Plains Energy previously provided a non-GAAP financial measure entitled “Ongoing earnings” which excluded the effects of discontinued operations and certain non-recurring items but included mark-to-market gains and losses on energy contracts. The company believes core earnings provide to investors a more meaningful indicator of its results that is comparable among periods because it excludes the effects of discontinued operations, unusual items and mark-to-market gains and losses on energy contracts. These items are excluded from core earnings because they may not be indicative of Great Plains Energy’s prospective earnings potential. Investors should note that this non-GAAP measure involves judgments by management including whether an item is classified as an unusual item. Core earnings is used internally to measure performance against budget and in reports for management and the Board of Directors. Great Plains Energy’s definition of core earnings may differ from similar terms used by other companies.

Great Plains Energy Incorporated (NYSE:GXP) headquartered in Kansas City, MO, is the holding company for Kansas City Power & Light Company, a leading regulated provider of electricity in the Midwest, and Strategic Energy LLC, a competitive electricity supplier. The Company's web site is www.greatplainsenergy.com.

CERTAIN FORWARD-LOOKING INFORMATION -- Statements made in this release that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company is providing a number of important factors that could cause actual results to differ materially from the provided forward-looking information. These important factors include: future economic conditions in the regional, national and international markets, including but not limited to regional and national wholesale electricity markets; market perception of the energy industry and the Company; changes in business strategy, operations or development plans; effects of current or proposed state and federal legislative and regulatory actions or developments, including, but not limited to, deregulation, re-regulation and restructuring of the electric utility industry and constraints placed on the Company's actions by the Public Utility Holding Company Act of 1935; adverse changes in applicable laws, regulations, rules, principles or practices governing tax, accounting and environmental matters including, but not limited to, air quality; financial market conditions and performance including, but not limited to, changes in interest rates and in availability and cost of capital and the effects on the Company’s pension plan assets and costs; ability to maintain current credit ratings; inflation rates; effectiveness of risk management policies and procedures and the ability of counterparties to satisfy their contractual commitments; impact of terrorist acts; increased competition including, but not limited to, retail choice in the electric utility industry and the entry of new competitors; ability to carry out marketing and sales plans; weather conditions including weather-related damage; cost, availability, quality and deliverability of fuel; ability to achieve generation planning goals and the occurrence and duration of unplanned generation outages; delays in the anticipated in-service dates of additional generating capacity; nuclear operations; ability to enter new markets successfully and capitalize on growth opportunities in non-regulated businesses; performance of projects undertaken by the Company’s non-regulated businesses and the success of efforts to invest in and develop new opportunities; and other risks and uncertainties. This list of factors is not all-inclusive because it is not possible to predict all factors.

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Attachment A

GREAT PLAINS ENERGY Consolidated Statements of Income (Unaudited)
	Three Months Ended September 30						Year to Date September 30
	2005			2004			2005			2004
Operating Revenues	(thousands)
Electric revenues - KCP&L	$	352,974		$	323,287		$	858,272		$	844,447
Electric revenues - Strategic Energy		429,407			390,747			1,099,895			1,022,887
Other revenues		446			817			1,495			2,495
Total		782,827			714,851			1,959,662			1,869,829
Operating Expenses
Fuel		73,935			52,257			160,228			135,113
Purchased power - KCP&L		28,303			14,015			56,590			43,835
Purchased power - Strategic Energy		386,499			358,879			1,003,201			930,637
Other		76,358			79,108			240,628			236,748
Maintenance		19,230			19,276			69,140			63,306
Depreciation and amortization		38,382			37,999			114,485			112,084
General taxes		31,197			28,468			83,619			78,492
(Gain) loss on property		3,419			(613	)		1,906			(771	)
Total		657,323			589,389			1,729,797			1,599,444
Operating income		125,504			125,462			229,865			270,385
Non-operating income		3,563			1,626			15,334			4,595
Non-operating expenses		(4,699	)		(6,914	)		(15,671	)		(13,393	)
Interest charges		(17,904	)		(17,973	)		(53,777	)		(55,278	)
Income from continuing operations before income taxes,
minority interest in subsidiaries and loss from equity
investments		106,464			102,201			175,751			206,309
Income taxes		(17,300	)		(35,161	)		(32,396	)		(67,273	)
Minority interest in subsidiaries		-			1,283			(7,805	)		848
Loss from equity investments, net of income taxes		(69	)		(461	)		(758	)		(1,074	)
Income from continuing operations		89,095			67,862			134,792			138,810
Discontinued operations, net of income taxes		1,780			8,067			(1,826	)		6,048
Net income		90,875			75,929			132,966			144,858
Preferred stock dividend requirements		412			412			1,235			1,235
Earnings available for common shareholders	$	90,463		$	75,517		$	131,731		$	143,623
Average number of common shares outstanding		74,653			74,270			74,561			71,251
Basic and diluted earnings (loss) per common share
Continuing operations	$	1.19		$	0.91		$	1.79		$	1.93
Discontinued operations		0.02			0.11			(0.02	)		0.09
Basic and diluted earnings per common share	$	1.21		$	1.02		$	1.77		$	2.02
Cash dividends per common share	$	0.415		$	0.415		$	1.245		$	1.245

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Attachment B

GREAT PLAINS ENERGY Consolidated Earnings and Earnings Per Share Three Months Ended September 30 (Unaudited)
	Earnings						Earnings per Great Plains Energy Share
	2005			2004			2005			2004
	(millions)
KCP&L	$	69.1		$	64.2		$	0.92		$	0.86
Strategic Energy		18.1			13.4			0.24			0.18
KLT Investments		1.9			1.1			0.03			0.01
Other		-			(10.8	)		-			(0.14	)
Income from continuing operations		89.1			67.9			1.19			0.91
KLT Gas discontinued operations,
net of income taxes		1.8			8.0			0.02			0.11
Preferred dividends		(0.5	)		(0.4	)		-			-
Earnings available for common shareholders	$	90.4		$	75.5		$	1.21		$	1.02
Reconciliation of GAAP to Non-GAAP
Earnings available for common shareholders	$	90.4		$	75.5		$	1.21		$	1.02
Reconciling items
Strategic Energy -- mark-to-market impacts
from energy contracts		(10.7	)		(2.5	)		(0.14	)		(0.04	)
KLT Gas -- Discontinued operations		(1.8	)		(8.0	)		(0.02	)		(0.11	)
Core earnings	$	77.9		$	65.0		$	1.05		$	0.87

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Attachment C

GREAT PLAINS ENERGY Consolidated Earnings and Earnings Per Share Year to Date September 30 (Unaudited)
	Earnings						Earnings per Great Plains Energy Share
	2005			2004			2005			2004
	(millions)
KCP&L	$	109.0		$	118.4		$	1.46		$	1.66
Strategic Energy		34.6			32.0			0.46			0.45
KLT Investments		2.4			7.5			0.03			0.11
Other		(11.2	)		(19.1	)		(0.14	)		(0.27	)
Income from continuing operations		134.8			138.8			1.81			1.95
KLT Gas discontinued operations,
net of income taxes		(1.8	)		6.0			(0.02	)		0.09
Preferred dividends		(1.3	)		(1.2	)		(0.02	)		(0.02	)
Earnings available for common shareholders	$	131.7		$	143.6		$	1.77		$	2.02
Reconciliation of GAAP to Non-GAAP
Earnings available for common shareholders	$	131.7		$	143.6		$	1.77		$	2.02
Reconciling items
Strategic Energy -- mark-to-market impacts
from energy contracts		(15.1	)		(2.2	)		(0.20	)		(0.03	)
KLT Gas -- Discontinued operations		1.8			(6.0	)		0.02			(0.09	)
Core earnings	$	118.4		$	135.4		$	1.59		$	1.90

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Attachment D

GREAT PLAINS ENERGY Summary Income Statement by Segment Three Months Ended September 30, 2005 (Unaudited)
	Consolidated GPE			KCP&L			Strategic Energy			Other
	(millions)
Operating revenues	$	782.9		$	353.0		$	429.9		$	-
Fuel		(73.9	)		(73.9	)		-			-
Purchased power		(414.8	)		(28.3	)		(386.5	)		-
Other operating expense		(126.9	)		(110.2	)		(14.3	)		(2.4	)
Depreciation and amortization		(38.4	)		(36.7	)		(1.6	)		(0.1	)
Gain (loss) on property		(3.4	)		(3.7	)		-			0.3
Operating income		125.5			100.2			27.5			(2.2	)
Non-operating income (expenses)		(1.1	)		0.3			0.7			(2.1	)
Interest charges		(17.9	)		(15.0	)		(0.7	)		(2.2	)
Income taxes		(17.3	)		(16.4	)		(9.4	)		8.5
Loss from equity investments		(0.1	)		-			-			(0.1	)
Discontinued operations		1.8			-			-			1.8
Net income	$	90.9		$	69.1		$	18.1		$	3.7
Earnings per GPE common share	$	1.21		$	0.92		$	0.24		$	0.05

GREAT PLAINS ENERGY Summary Income Statement by Segment Year to Date September 30, 2005 (Unaudited)
	Consolidated GPE			KCP&L			Strategic Energy			Other
	(millions)
Operating revenues	$	1,959.7		$	858.3		$	1,101.3		$	0.1
Fuel		(160.2	)		(160.2	)		-			-
Purchased power		(1,059.8	)		(56.6	)		(1,003.2	)		-
Other operating expense		(393.4	)		(343.1	)		(37.6	)		(12.7	)
Depreciation and amortization		(114.5	)		(109.7	)		(4.6	)		(0.2	)
Gain (loss) on property		(1.9	)		(3.7	)		-			1.8
Operating income		229.9			185.0			55.9			(11.0	)
Non-operating income (expenses)		(0.3	)		9.3			1.8			(11.4	)
Interest charges		(53.8	)		(45.1	)		(2.2	)		(6.5	)
Income taxes		(32.4	)		(32.4	)		(20.9	)		20.9
Minority interest in subsidiaries		(7.8	)		(7.8	)		-			-
Loss from equity investments		(0.8	)		-			-			(0.8	)
Discontinued operations		(1.8	)		-			-			(1.8	)
Net income (loss)	$	133.0		$	109.0		$	34.6		$	(10.6	)
Earnings (loss) per GPE common share	$	1.77		$	1.46		$	0.46		$	(0.15	)

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Attachment E

GREAT PLAINS ENERGY
Consolidated Balance Sheets
(Unaudited)
	September 30		December 31
	2005		2004
ASSETS	(thousands)
Current Assets
Cash and cash equivalents	$	58,414	$	127,129
Restricted cash		17,500		7,700
Receivables, net		338,381		247,184
Fuel inventories, at average cost		19,650		21,121
Materials and supplies, at average cost		56,985		54,432
Deferred income taxes		-		13,065
Assets of discontinued operations		1,255		749
Derivative instruments		92,797		6,372
Other		8,890		14,485
Total		593,872		492,237
Nonutility Property and Investments
Affordable housing limited partnerships		28,424		41,317
Nuclear decommissioning trust fund		89,888		84,148
Other		18,865		32,739
Total		137,177		158,204
Utility Plant, at Original Cost
Electric		4,913,145		4,841,355
Less-accumulated depreciation		2,286,249		2,196,835
Net utility plant in service		2,626,896		2,644,520
Construction work in progress		60,751		53,821
Nuclear fuel, net of amortization of $111,262 and $127,631		31,104		36,109
Total		2,718,751		2,734,450
Deferred Charges and Other Assets
Regulatory assets		160,237		144,345
Prepaid pension costs		105,583		119,811
Goodwill		87,624		86,767
Derivative instruments		30,563		2,275
Other		56,573		60,812
Total		440,580		414,010
Total	$	3,890,380	$	3,798,901

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Attachment E continued

GREAT PLAINS ENERGY
Consolidated Balance Sheets
(Unaudited)
	September 30			December 31
	2005			2004
LIABILITIES AND CAPITALIZATION	(thousands)
Current Liabilities
Notes payable	$	-		$	20,000
Commercial paper		13,600			-
Current maturities of long-term debt		251,607			253,230
EIRR bonds classified as current		-			85,922
Accounts payable		222,663			199,952
Accrued taxes		112,501			46,993
Accrued interest		12,936			11,598
Accrued payroll and vacations		27,657			32,462
Accrued refueling outage costs		5,525			13,180
Deferred income taxes		21,030			-
Supplier collateral		17,500			7,700
Liabilities of discontinued operations		112			2,129
Derivative instruments		11,634			2,434
Other		24,645			22,497
Total		721,410			698,097
Deferred Credits and Other Liabilities
Deferred income taxes		616,512			632,160
Deferred investment tax credits		30,670			33,587
Asset retirement obligations		117,203			113,674
Pension liability		95,496			95,805
Regulatory liabilities		63,300			4,101
Derivative instruments		6,134			112
Other		75,092			84,311
Total		1,004,407			963,750
Capitalization
Common shareholders' equity
Common stock-150,000,000 shares authorized without par value
74,728,020 and 74,394,423 shares issued, stated value		775,561			765,482
Unearned compensation		(2,396	)		(1,393	)
Capital stock premium and expense		(30,851	)		(32,112	)
Retained earnings		490,386			451,491
Treasury stock-34,868 and 28,488 shares, at cost		(1,049	)		(856	)
Accumulated other comprehensive income (loss)		393			(41,018	)
Total		1,232,044			1,141,594
Cumulative preferred stock $100 par value
3.80% - 100,000 shares issued		10,000			10,000
4.50% - 100,000 shares issued		10,000			10,000
4.20% - 70,000 shares issued		7,000			7,000
4.35% - 120,000 shares issued		12,000			12,000
Total		39,000			39,000
Long-term debt		893,519			956,460
Total		2,164,563			2,137,054
Commitments and Contingencies
Total	$	3,890,380		$	3,798,901

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Attachment F

GREAT PLAINS ENERGY
Statistical Summary
	Three Months Ended						Year to Date
	September 30						September 30
	2005			2004			2005			2004
KCP&L
Retail revenues (millions)	$	309.5		$	278.0		$	730.9		$	687.9
Wholesale revenues (millions)	$	39.3		$	40.4		$	115.7		$	144.0
Average wholesale price per MWh	$	50.86		$	25.54		$	40.18		$	30.26
Wholesale sales (MWh)		918			1,457			3,166			4,801
Cooling degree days		1,116			726			1,564			1,100
Equivalent availability - coal plants		82	%		91	%		80	%		84	%
Capacity factor - coal plants		76	%		85	%		76	%		80	%
Strategic Energy
MWhs delivered		5,424			5,734			15,185			15,198
MWhs delivered plus current year backlog		N/A			N/A			19,309			20,065
Average contract duration - overall (months)		15			5			13			8
Average contract duration - new business (months)		13			12			14			15
Average retail gross margins - overall	$	7.85		$	5.50		$	6.30		$	6.00
Retention rate		39	%		82	%		65	%		83	%
Retention rate including month to month customers		79	%		86	%		81	%		86	%

More

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Attachment G

GREAT PLAINS ENERGY
Core Earnings Guidance
	Previous 2005							Revised 2005
	Guidance Range							Guidance Range
Kansas City Power & Light	$	1.96		-	$	2.03		$	2.01		-	$	2.11
Strategic Energy 1		0.26		-		0.31			0.30		-		0.34
KLT Investments		0.07		-		0.08			0.07		-		0.07
Other 2		(0.24	)	-		(0.22	)		(0.23	)	-		(0.22	)
Consolidated core EPS 3	$	2.05		-	$	2.20		$	2.15		-	$	2.30

¹Represents Great Plains Energy’s indirect ownership interest in Strategic Energy of just under 100%.

²Other includes Home Service Solutions, Holding Company cost and other miscellaneous items.

³Great Plains Energy is unable to reconcile its 2005 core earnings guidance to GAAP earnings per share because we do not predict the future impact of unusual items and mark-to-market gains or losses on energy contracts. The impact of unusual items could be material to our operating results computed in accordance with GAAP.

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