Condensed Combined Debtors' Financial Information (EME only)

The financial statements below represent the condensed combined financial statement of the Debtor Entities. Non-debtor EME subsidiaries are accounted for as non-consolidated subsidiaries in these financial statements, as such, their net loss is included as "Equity in loss of non-debtor entities, net of tax" in the Debtors' Statement of Operations and its net assets are included as "Investment in non-debtor entities" in the Debtors' Statement of Financial Position.

Intercompany transactions among the Debtor Entities have been eliminated in the condensed combined financial statements of the Debtor Entities contained here.

Debtors' Condensed Combined Statement of Operations

For the year ended December 31, 2012



(in millions)
Operating revenues	$	901
Operating expenses	(1,262		)
Other expense	(226		)
Reorganization items	(43		)
Provision for income taxes	(153		)
Net loss attributable to debtor entities	(783		)
Equity in loss of non-debtor entities, net of tax	(142		)
Net loss attributable to Debtors	$	(925	)

Debtors' Condensed Combined Statement of Comprehensive Loss

For the year ended December 31, 2012



(in millions)
Net Loss	$	(925	)
Other comprehensive loss, net of tax	(44		)
Comprehensive Loss	$	(969	)

Debtors' Condensed Combined Statement of Financial Position

As of December 31, 2012



(in millions)
Total current assets	$	633
Investments in unconsolidated affiliates	152
Property, plant and equipment, less accumulated depreciation of $845	1,428
Investment in non-debtor entities	1,983
Total other assets	976
Total assets	$	5,172



Total current liabilities	$	93
Liabilities subject to compromise	3,959
Deferred taxes	131
Other long-term liabilities	257
Total liabilities	$	4,440
Total equity	732
Total liabilities and equity	$	5,172

Debtors' Condensed Combined Statement of Cash Flows

For the Year Ended December 31, 2012



(in millions)
Net cash (used in) provided by
Operating activities	$	(596	)
Financing activities	173
Investing activities	(109		)
Net decrease in cash and cash equivalents	(532		)
Cash and cash equivalents at beginning of period	955
Cash and cash equivalents at end of period	$	423
Cash paid for reorganization items	$	20