CINERGY CORP. CONSOLIDATED STATEMENTS OF INCOME For the Periods Ended September 30, 2005 and 2004 (unaudited) (dollars in thousands, except per share amounts)								Schedule 1
	Quarter Ended							Year To Date
	2005			2004				2005			2004
Operating Revenues
Electric	$	1,134,494		$	952,406			$	2,975,129		$	2,681,078
Gas	84,073			65,298				476,767			524,226
Other	146,712			110,879				371,895			265,674
Total Operating Revenues	1,365,279			1,128,583				3,823,791			3,470,978
Operating Expenses
Fuel, emission allowances and purchased power	459,964			341,218				1,077,641			933,864
Gas purchased	30,446			19,792				295,135			290,728
Costs of fuel resold	118,619			86,917				297,469			203,441
Operation and maintenance	342,221			325,787				1,025,131			968,981
Depreciation	129,597			114,668				386,537			333,856
Taxes other than income taxes	65,101			57,001				209,115			204,320
Total Operating Expenses	1,145,948			945,383				3,291,028			2,935,190
Operating Income	219,331			183,200				532,763			535,788
Equity in Earnings of Unconsolidated Subsidiaries	6,795			8,016				25,206			18,095
Miscellaneous Income (Expense) - Net	17,012			(944			)	33,886			(11,419		)
Interest Expense	76,932			71,775				209,644			209,446
Preferred Dividend Requirements of Subsidiaries	603			858				2,319			2,574
Income Before Taxes	165,603			117,639				379,892			330,444
Income Taxes	33,666			24,716				79,891			76,002
Net Income	$		131,937	$		92,923		$		300,001	$	254,442
Average Common Shares Outstanding - Basic	199,069			180,881				197,741			180,129
Earnings Per Common Share - Basic	$		0.67	$		0.51		$		1.52	$	1.41
Average Common Shares Outstanding - Diluted	200,167			183,478				198,777			182,564
Earnings Per Common Share - Diluted	$		0.66	$		0.50		$		1.51	$	1.39
Cash Dividends Declared Per Common Share	$		0.96	$		0.47		$		1.92	$	1.41

Note: Prior year data has been reclassified to conform with current year presentation.