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Exhibit 99.4

Edison Mission Energy
Illinois Plants—Funds Flow from Operations
Twelve Months Ended June 30, 2002
(In Thousands) (Unaudited)

				Midwest Generation LLC SEC Reporting Basis			Edison Mission Overseas Company			Edison Mission Midwest Holdings			Consolidation Adjustments (Note 2)			Sale Leaseback Adjustments (Note 1)			Edison Mission Midwest Holdings			Reclassification Adjustment (Note 2)		Sale Leaseback Adjustments (Note 3)			Illinois Plants
							(Consolidated)			(Parent)									(Consolidated)
Project Revenues
	Electric revenues			$	1,088,196		$	—		$	—		$	—		$	—		$	1,088,196		$	10,707	$	—		$	1,098,903
	Income (losses) from energy trading and price risk management				(15,347	)		—			—			—			—			(15,347	)		—		—			(15,347	)
			Total Operating revenues		1,072,849			—						—						1,072,849			10,707		—			1,083,556
Project Operating Expenses
	Fuel				327,350			—			—			—			—			327,350			10,707		—			338,057
	Plant operations				391,363			—			—			—			24,785			416,148			—		74,754			490,902
	Depreciation and amortization				168,840			17			—			—			(25,462	)		143,395			—		(42,632	)		100,763
	Administrative and general				32,241			762			37			(20,143	)		—			12,897			—		—			12,897
			Total operating expenses		919,794			779			37			(20,143	)		(677	)		899,790			10,707		32,122			942,619
Project Revenues less Operating Expenses					153,055			(779	)		(37	)		20,143			677			173,059			—		(32,122	)		140,937
Project Other Income (Expense)
	Interest and other income				(54	)		867			999			—			—			1,812			—		—			1,812
	Intercompany interest income (expense)				—			—			—			—			—			—			—		—			—
		Edison Mission Energy			124,451			—			—			—			—			124,451			—		—			124,451
		Edison Mission Overseas			(233,804	)		233,804			—			—			—			—			—		—			—
	Interest expense				(120,237	)		—			(83,217	)		—			32,090			(171,364	)		—		88,147			(83,217	)
			Total other income (expense)		(229,644	)		234,671			(82,218	)		—			32,090			(45,101	)		—		88,147			43,046
Income (Loss) before Income Taxes					(76,589	)		233,892			(82,255	)		20,143			32,767			127,958			—		56,025			183,983
Income Taxes					(22,497	)		89,921			(31,625	)		7,744			13,552			57,095			—		23,172			80,267
Net Income (Loss)				$	(54,092	)	$	143,971		$	(50,630	)	$	12,399		$	19,215		$	70,863		$	—	$	32,853		$	103,716
Funds Flow from Operations
Income (loss) before Income Taxes				$	(76,589	)	$	233,892		$	(82,255	)	$	20,143		$	32,767		$	127,958		$	—	$	56,025		$	183,983
Add (deduct):
	Depreciation and amortization				168,840			17			—			—			(25,462	)		143,395			—		(42,632	)		100,763
	Debt service
Funds Flow from Operations				$	92,251		$	233,909		$	(82,255	)	$	20,143		$	7,305		$	271,353		$	—	$	13,393		$	284,746

Note 1	Consolidation adjustment required to report the Collins Leases as operating leases by Edison Mission Midwest Holdings and Subsidiaries in lieu of lease financings recorded by Midwest Generation LLC.
Note 2	Includes: (1) reclassification adjustment related to presentation of revenues and operations expenses with no impact on income before taxes, and (2) push down of parent G&A for SEC reporting.
Note 3	Consolidation adjustment required to report the Powerton/Joliet Leases as operating leases by Edison Mission Energy and Subsidiaries in lieu of lease financings recorded by Midwest Generation LLC.
The above schedule is provided as supporting financial information to the Funds Flow from Operations set forth in Management's Discussion and Analysis of Financial Condition and Results of Operations. Illinois Plants is not a legal entity and accordingly, the above financial information for the Illinois Plants has not been prepared in accordance with generally accepted accounting standards.

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Exhibit 99.4

Edison Mission Energy Illinois Plants—Funds Flow from Operations Twelve Months Ended June 30, 2002 (In Thousands) (Unaudited)