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