Supplemental Financial Information and Comprehensive Income

9 Months Ended

Sep. 30, 2011

Supplemental Financial Information and Comprehensive Income

2.      Supplemental Financial Information and Comprehensive Income

DPL Inc.		At			At
		September 30,			December 31,
$ in millions		2011			2010
Accounts receivable, net:
Unbilled revenue	$	60.0		$	84.5
Customer receivables		124.7			113.9
Amounts due from partners in jointly-owned plants		10.8			7.0
Coal sales		3.8			4.0
Other		5.2			7.0
Provision for uncollectible accounts		(1.3	)		(0.9	)
Total accounts receivable, net	$	203.2		$	215.5
Inventories, at average cost:
Fuel, limestone and emission allowances	$	80.4		$	73.2
Plant materials and supplies		39.7			38.8
Other		6.7			3.3
Total inventories, at average cost	$	126.8		$	115.3

DP&L		At			At
		September 30,			December 31,
$ in millions		2011			2010
Accounts receivable, net:
Unbilled revenue	$	38.0		$	64.3
Customer receivables		97.4			95.6
Amounts due from partners in jointly-owned plants		10.8			7.0
Coal sales		3.8			4.0
Other		3.5			7.9
Provision for uncollectible accounts		(1.0	)		(0.8	)
Total accounts receivable, net	$	152.5		$	178.0
Inventories, at average cost:
Fuel, limestone and emission allowances	$	80.4		$	73.2
Plant materials and supplies		38.5			37.7
Other		6.7			3.3
Total inventories, at average cost	$	125.6		$	114.2

Supplemental Financial Information and Comprehensive Income (continued)

Comprehensive income for the three months ended September 30, 2011 and 2010 was as follows:

DPL Inc.
	Three Months Ended September 30,
$ in millions	2011				2010
Comprehensive income:
Net income	$	67.1		$	86.4
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.2 million and income tax expense of $0.1 million, respectively		(0.3	)		0.3
Net change in deferred gains (losses) on cash flow hedges, net of income tax
benefit of $24.9 million and $3.6 million, respectively		(46.6	)		(9.1	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax benefit of $0.1 million and income tax expense of $0.4 million,
respectively		0.9			0.8
Comprehensive income	$	21.1		$	78.4

DP&L
	Three Months Ended September 30,
$ in millions	2011				2010
Comprehensive income:
Net income	$	63.9		$	83.2
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.1 million and income tax expense of $1.0 million, respectively		(0.4	)		1.8
Net change in deferred gains (losses) on cash flow hedges, net of income tax
expense of $0.9 million and $0.2 million, respectively		1.3			(0.2	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax benefit of $0.1 million and income tax expense of $0.4 million,
respectively		1.0			0.8
Comprehensive income	$	65.8		$	85.6

Comprehensive income for the nine months ended September 30, 2011 and 2010 was as follows:

DPL Inc.
		Nine Months Ended September 30,
$ in millions		2011			2010
Comprehensive income:
Net income	$	142.3		$	218.8
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.2 million and income tax expense of $0.1 million, respectively		(0.3	)		0.2
Net change in deferred gains (losses) on cash flow hedges, net of income tax
benefit of $28.8 million and $6.0 million, respectively		(55.4	)		(14.7	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax expense of $0.7 million and $0.3 million, respectively		2.5			3.4
Comprehensive income	$	89.1		$	207.7

DP&L
		Nine Months Ended September 30,
$ in millions		2011		2010
Comprehensive income:
Net income	$	147.4	$	214.7
Net change in unrealized gains (losses) on financial instruments, net of income tax
expense of $1.3 million and income tax benefits of $0.5 million, respectively		2.3		(0.9	)
Net change in deferred gains (losses) on cash flow hedges, net of income tax
expense of $1.1 million and $1.0 million, respectively		0.2		(0.1	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax expense of $0.7 million and $0.3 million, respectively		2.6		3.4
Comprehensive income	$	152.5	$	217.1

DP&L [Member]

Supplemental Financial Information and Comprehensive Income

2.      Supplemental Financial Information and Comprehensive Income

DPL Inc.		At			At
		September 30,			December 31,
$ in millions		2011			2010
Accounts receivable, net:
Unbilled revenue	$	60.0		$	84.5
Customer receivables		124.7			113.9
Amounts due from partners in jointly-owned plants		10.8			7.0
Coal sales		3.8			4.0
Other		5.2			7.0
Provision for uncollectible accounts		(1.3	)		(0.9	)
Total accounts receivable, net	$	203.2		$	215.5
Inventories, at average cost:
Fuel, limestone and emission allowances	$	80.4		$	73.2
Plant materials and supplies		39.7			38.8
Other		6.7			3.3
Total inventories, at average cost	$	126.8		$	115.3

DP&L		At			At
		September 30,			December 31,
$ in millions		2011			2010
Accounts receivable, net:
Unbilled revenue	$	38.0		$	64.3
Customer receivables		97.4			95.6
Amounts due from partners in jointly-owned plants		10.8			7.0
Coal sales		3.8			4.0
Other		3.5			7.9
Provision for uncollectible accounts		(1.0	)		(0.8	)
Total accounts receivable, net	$	152.5		$	178.0
Inventories, at average cost:
Fuel, limestone and emission allowances	$	80.4		$	73.2
Plant materials and supplies		38.5			37.7
Other		6.7			3.3
Total inventories, at average cost	$	125.6		$	114.2

Supplemental Financial Information and Comprehensive Income (continued)

Comprehensive income for the three months ended September 30, 2011 and 2010 was as follows:

DPL Inc.
	Three Months Ended September 30,
$ in millions	2011				2010
Comprehensive income:
Net income	$	67.1		$	86.4
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.2 million and income tax expense of $0.1 million, respectively		(0.3	)		0.3
Net change in deferred gains (losses) on cash flow hedges, net of income tax
benefit of $24.9 million and $3.6 million, respectively		(46.6	)		(9.1	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax benefit of $0.1 million and income tax expense of $0.4 million,
respectively		0.9			0.8
Comprehensive income	$	21.1		$	78.4

DP&L
	Three Months Ended September 30,
$ in millions	2011				2010
Comprehensive income:
Net income	$	63.9		$	83.2
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.1 million and income tax expense of $1.0 million, respectively		(0.4	)		1.8
Net change in deferred gains (losses) on cash flow hedges, net of income tax
expense of $0.9 million and $0.2 million, respectively		1.3			(0.2	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax benefit of $0.1 million and income tax expense of $0.4 million,
respectively		1.0			0.8
Comprehensive income	$	65.8		$	85.6

Comprehensive income for the nine months ended September 30, 2011 and 2010 was as follows:

DPL Inc.
		Nine Months Ended September 30,
$ in millions		2011			2010
Comprehensive income:
Net income	$	142.3		$	218.8
Net change in unrealized gains (losses) on financial instruments, net of income tax
benefit of $0.2 million and income tax expense of $0.1 million, respectively		(0.3	)		0.2
Net change in deferred gains (losses) on cash flow hedges, net of income tax
benefit of $28.8 million and $6.0 million, respectively		(55.4	)		(14.7	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax expense of $0.7 million and $0.3 million, respectively		2.5			3.4
Comprehensive income	$	89.1		$	207.7

DP&L
		Nine Months Ended September 30,
$ in millions		2011		2010
Comprehensive income:
Net income	$	147.4	$	214.7
Net change in unrealized gains (losses) on financial instruments, net of income tax
expense of $1.3 million and income tax benefits of $0.5 million, respectively		2.3		(0.9	)
Net change in deferred gains (losses) on cash flow hedges, net of income tax
expense of $1.1 million and $1.0 million, respectively		0.2		(0.1	)
Net change in unrealized gains (losses) on pension and postretirement benefits,
net of income tax expense of $0.7 million and $0.3 million, respectively		2.6		3.4
Comprehensive income	$	152.5	$	217.1