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Table 18. Composite Statement of Income for Major U.S. Publicly Owned Nongenerator Electric Utilities, 1996-2000
(Thousand Dollars)

Item 2000 1999 1998 1997 1996
Electric Utility Operating Revenues 9,904,214 9,354,023 8,790,223 8,585,879 8,581,642
Operation Expenses 8,424,044 7,873,577 7,436,572 7,117,155 7,358,592
Maintenance Expenses 286,077 272,299 263,356 337,769 244,115
Depreciation Expenses 389,181 364,603 326,863 350,862 305,612
Amort, Prop Losses and Reg Study 4,533 3,949 3,570 3,086 8,108
Taxes and Tax Equivalents 251,093 222,615 215,019 224,617 206,389
  Total Electric Utility Operating Expenses 9,354,927 8,737,044 8,245,380 8,033,488 8,122,815
Net Electric Utility Operating Income 549,287 616,979 544,843 552,391 458,827
Income from Electric Plant Leased to Others 4,124 4,465 4,248 12,989 12,569
   Electric Utility Operating Income 553,411 621,444 549,092 565,380 471,396
Other Electric Income 241,550 205,362 185,272 165,655 207,859
Other Electric Deductions 76,312 68,101 55,004 71,366 62,562
Allowance for Other Funds Used During Construction 142 197 192 311 70
Taxes on Other Income and Deduct 6,794 4,184 4,426 5,283 4,072
   Electric Utility Income 711,997 754,717 675,126 654,698 612,691
Income Deductions from Interest          
 on Long-term Debt 113,642 107,842 102,729 107,351 99,768
Other Income Deductions 42,547 48,334 50,590 41,229 47,605
Allowance for Borrowed Funds Used During Construction -973 -378 -891 -283 773
   Total Income Deductions 155,217 155,798 152,428 148,297 148,146
Income Before Extraordinary Items 556,780 598,919 522,698 506,400 464,545
Extraordinary Income 25,095 22,709 11,748 17,990 13,897
Extraordinary Deductions 34,253 15,671 1,906 14,940 17,962
   Net Income 547,623 605,956 532,539 509,451 460,479

Note: Totals may not equal sum of components because of independent rounding.  Detailed data are provided in Table 21.  The number of publicly owned nongenerating electric utilities for end of period is 281 for 2000, 267 for 1999, 260 for 1998, 299 for 1997, and 284 for 1996.
       Source: Energy Information Administration, Form EIA-412, "Annual Report of Public Electric Utilities." Individual electric utilities report fiscal year data.  Appendix B shows the fiscal year for each electric utility.