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Exhibit 99.5

Edison Mission Energy
Illinois Plants—Funds Flow from Operations
Twelve Months Ended December 31, 2001
(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			$	1,078,755		$	—		$	—		$	—		$	—		$	1,078,755		$	11,213	$	—		$	1,089,968
	Income (losses) from energy trading and price risk management				(21,273	)		—			—			—			—			(21,273	)		—		—			(21,273	)
			Total Operating revenues		1,057,482			—			—			—			—			1,057,482			11,213		—			1,068,695
Project Operating Expenses
	Fuel				354,425			—			—			—			—			354,425			11,213		—			365,638
	Plant operations				402,000			—			—			—			35,736			437,736			—		74,754			512,490
	Depreciation and amortization				166,718			14			—			—			(25,462	)		141,270			—		(42,632	)		98,638
	Administrative and general				30,160			483			33			(18,353	)		—			12,323			—		—			12,323
			Total operating expenses		953,303			497			33			(18,353	)		10,274			945,754			11,213		32,122			989,089
Project Revenues less Operating Expenses					104,179			(497	)		(33	)		18,353			(10,274	)		111,728			—		(32,122	)		79,606
Project Other Income (Expense)
	Interest and other income				440			528			604			—			—			1,572			—		—			1,572
	Intercompany interest income (expense)				—			—			—			—			—			—			—		—			—
		Edison Mission Energy			129,637			—			—			—			—			129,637			—		—			129,637
		Edison Mission Overseas			(256,940	)		256,940			—			—			—			—			—		—			—
	Interest expense				(131,419	)		—			(108,120	)		—			42,984			(196,555	)		—		88,434			(108,121	)
			Total other income (expense)		(258,282	)		257,468			(107,516	)		—			42,984			(65,346	)		—		88,434			23,088
Income (Loss) before Income Taxes					(154,103	)		256,971			(107,549	)		18,353			32,710			46,382			—		56,312			102,694
Income Taxes					(56,439	)		98,800			(41,350	)		7,056			13,528			21,595			—		23,290			44,885
Net Income (Loss)				$	(97,664	)	$	158,171		$	(66,199	)	$	11,297		$	19,182		$	24,787		$	—	$	33,022		$	57,809
Funds Flow from Operations
Income (loss) before Income Taxes				$	(154,103	)	$	256,971		$	(107,549	)	$	18,353		$	32,710		$	46,382		$	—	$	56,312		$	102,694
Add (deduct):
	Depreciation and amortization				166,718			14			—			—			(25,462	)		141,270			—		(42,632	)		98,638
	Debt service
Funds Flow from Operations				$	12,615		$	256,985		$	(107,549	)	$	18,353		$	7,248		$	187,652		$	—	$	13,680		$	201,332

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 99.5

Edison Mission Energy Illinois Plants—Funds Flow from Operations Twelve Months Ended December 31, 2001 (In Thousands) (Unaudited)