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Table C7. Composite Statement of Income for Major U.S. Publicly Owned Electric Utilities for All Respondents, 1996-2000
(Thousand Dollars)
Item 2000 1999 1998 1997 1996
Electric Utility Operating Revenues 41,746,998 36,120,923 34,944,955 33,983,098 32,788,868
Operation Expenses 27,998,597 23,259,497 22,556,255 22,034,329 21,126,636
Maintenance Expenses 2,100,976 1,958,420 1,894,840 1,946,550 1,881,943
Depreciation Expenses 3,831,147 3,605,781 3,567,368 3,431,028 3,177,060
Amort, Prop Losses and Reg Study 481,778 267,376 221,870 162,374 152,325
Taxes and Tax Equivalents 1,186,775 919,830 885,240 884,318 868,831
  Total Electric Utility Operating Expenses 35,599,274 30,010,904 29,125,573 28,458,600 27,206,795
Net Electric Utility Operating Income 6,147,724 6,110,019 5,819,381 5,524,498 5,582,073
Income from Electric Plant Leased to Others 32,764 15,806 21,776 30,943 38,483
   Electric Utility Operating Income 6,180,488 6,125,825 5,841,158 5,555,441 5,620,556
Other Electric Income 2,091,701 1,563,518 1,691,656 1,643,761 1,648,294
Other Electric Deductions 339,172 503,623 228,947 214,527 293,967
Allowance for Other Funds Used During Construction 4,709 5,998 5,400 4,631 6,730
Taxes on Other Income and Deduct 9,516 6,151 6,676 10,563 8,503
   Electric Utility Income 7,928,210 7,185,567 7,302,591 6,978,744 6,973,110
Income Deductions from Interest on Long-term Debt 4,185,498 3,918,260 4,087,711 4,227,297 4,255,597
Other Income Deductions 827,476 748,444 669,062 634,942 563,068
Allowance for Borrowed Funds Used During Construction -60,938 -43,072 -29,434 -32,112 -35,970
   Total Income Deductions 4,952,037 4,623,632 4,727,338 4,830,127 4,782,694
Income Before Extraordinary Items 2,976,173 2,561,934 2,575,253 2,148,617 2,190,416
Extraordinary Income 281,610 201,178 226,333 239,275 248,781
Extraordinary Deductions 464,912 380,484 337,213 249,482 255,150
   Net Income 2,792,871 2,382,628 2,464,372 2,138,410 2,184,047

Note: Totals may not equal sum of components because of independent rounding.  The number of publicly owned electric utilities for end of period is 506 for 2000, 493 for 1999, 487 for 1998, 544 for 1997, and, 515 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.