CD%2520financials%2520real%281%29(1) updated part 2 again (version 1)

CD%2520financials%2520real%281%29(1) updated part 2 again (version 1)

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Consolidated Edison Inc. As Reported Annual Income Statement 12/31/09 12/31/08 Currency USD USD Auditor Status Not QualifieNot Qualifie Consolidated Yes Yes Scale Millions Millions Electric revenues 8,320 8,611 Gas revenues 1,943 2,097 Steam revenues 661 707 Non-utility revenues 2,108 2,168 Total operating revenues 13,032 13,583 Purchased power 4,776 5,749 Fuel 503 663 Gas purchased for resale 963 1,172 2,555 2,259 791 717 Taxes other than income taxes 1,545 1,364 Current state income taxes charge (benefit) - 52 Deferred state income taxes charge (benefit) - 82 Current federal income taxes charge (benefit) - -3 Deferred federal income taxes charge (benefit) - 387 Amortization of investment tax credit - 6 Total income taxes to operations - 512 Total operating expenses 11,133 12,436 Gain on sale of generation projects - 261 Operating income (loss) 1,899 1,408 32 89 Allowance for equity funds used during construction 14 8 Preferred stock dividends requirement of subs - 11 Other deductions 15 16 Current state income taxes charge (benefit) - 1 Deferred state income taxes charge (benefit) - 2 Current federal income taxes charge (benefit) - 4 Deferred federal income taxes charge (benefit) - 5 Income taxes 0 12 Total other income (deductions) 31 -58 1,930 - Interest on long-term debt 590 519 Other interest 30 33 Allowance for borrowed funds used during construct 9 8 Net interest expense 611 544 Income (loss) from continuing operations before income taxes 1,319 - Current state income taxes -9 - Deferred state income taxes 120 -
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Current federal income taxes 17 - Deferred federal income taxes 333 - Amortization of investment tax credits -6 - Total charge (benefit) to other income -15 - Income tax expense 440 - Income (loss) from continuing operations 879 922 Gain on sale of generation projects, net - 270 Income (loss) from discontinued operations, net - 4 Total income (loss) from discontinued operations - 274 Income (loss) before accounting changes - - Net income (loss) 879 1,196 Preferred stock dividend requirements of subsidiary 11 - Net income (loss) for common stock 868 - Weighted average shares outstanding - basic 275.2 272.9 Weighted average shares outstanding - diluted 276.3 273.6 Year end shares outstanding 281.12 273.72 Earnings (loss) per share-cont opers - basic 3.16 3.37 Earnings (loss) per share-discont opers - basic - 1.01 Net earnings (loss) per common share - basic 3.16 4.38 Earnings (loss) per share-cont opers - diluted 3.14 3.36 Earnings (loss) per share-discont opers - diluted - 1.01 Net earnings (loss) per common share - diluted 3.14 4.37 Dividends declared per share of common stock 2.36 2.34 Total number of employees 15,541 15,628 Number of common stockholders 68,186 70,520
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12/31/07 12/31/06 12/31/05 USD USD USD Not QualifieNot QualifieNot Qualified Yes Yes Yes Millions Millions Millions 8,110 7,634 7,588 2,025 1,849 1,858
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This note was uploaded on 11/21/2010 for the course CRN 81616 taught by Professor Poonamnath during the Spring '10 term at Georgia State University, Atlanta.

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CD%2520financials%2520real%281%29(1) updated part 2 again (version 1)

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