EX-99.4 5 c95097exv99w4.htm SELECTED FINANCIAL DATA exv99w4
 

Exhibit 99.4

Selected Financial Data

Generation

     The selected financial data presented below has been derived from the audited consolidated financial statements of Generation. This data is qualified in its entirety by reference to and should be read in conjunction with Generation’s Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations filed as exhibit 99.5 to this current report on Form 8-K.

     The consolidated financial statements of Generation as of December 31, 2000 and for the year then ended present the financial position, results of operations and net cash flows of the generation-related business of Exelon prior to its corporate restructuring on January 1, 2001. The results of operations for Exelon Energy Company are not included in periods prior to 2004.

                                         
    For the Years Ended December 31,  
(in millions)   2004     2003     2002     2001     2000  
 
Statement of Income data:
                                        
Operating revenues
   $ 7,703     $ 8,135     $ 6,858     $ 6,826     $ 3,274  
Operating income (loss)
     1,039       (115 )     509       872       441  
Income (loss) from continuing operations
   $ 1,052     $ (416 )   $ 607     $ 839     $ 420  
Loss from discontinued operations
     (16 )     —       —       —       —  
Income (loss) before cumulative effect of changes in accounting principles
     641       (241 )     387       512       260  
Cumulative effect of changes in accounting principles (net of income taxes)
     32       108       13       12       —  
 
Net income (loss)
   $ 673     $ (133 )   $ 400     $ 524     $ 260  
 
                                         
    December 31,  
(in millions)   2004     2003     2002     2001     2000  
 
Balance Sheet data:
                                        
Current assets
   $ 2,321     $ 2,438     $ 1,805     $ 1,435     $ 1,793  
Property, plant and equipment, net
     7,536       7,106       4,698       2,003       1,727  
Deferred debits and other assets
     6,581       5,105       4,402       4,700       4,742  
 
Total assets
   $ 16,438     $ 14,649     $ 10,905     $ 8,138     $ 8,262  
 
 
                                        
Current liabilities
   $ 2,416     $ 3,553     $ 2,594     $ 1,097     $ 2,176  
Long-term debt
     2,583       1,649       2,132       1,021       205  
Deferred credits and other liabilities
     8,356       6,488       3,226       3,212       3,271  
Minority interest
     44       3       54       —       —  
Member’s equity
     3,039       2,956       2,899       2,808       2,610  
 
Total liabilities and member’s equity
   $ 16,438     $ 14,649     $ 10,905     $ 8,138     $ 8,262