Allegheny Power 2010 Annual Report Download - page 2

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Financial Highlights
(Dollars in millions, except per share amounts) 2010 2009
Total revenues $ 13,339 $ 12,973
Net income $ 760 $ 990
Basic earnings per common share $ 2.58 $ 3.31
Diluted earnings per common share $ 2.57 $ 3.29
Dividends paid per common share $ 2.20 $ 2.20
Book value per common share $ 28.03 $ 28.08
Net cash from operating activities $ 3,076 $ 2,465
Key Accomplishments
9 Maintained annual dividend of $2.20 per share
9 Generated nearly $3.1 billion in cash
from operations
9 Completed the transition to fully competitive
markets for electricity in Pennsylvania
9 Our competitive subsidiary, FirstEnergy
Solutions, nearly tripled the number of its
retail customers and now serves approximately
1.5 million customers in six states
9 Completed the $1.8 billion Air Quality
Compliance project at our W.H. Sammis Plant
$750
$0
30
0
25
0
in millions
$1,500 60 50
$2,250 90 75
$3,000 120 100
2008 2009 2010 2008 2009 2010
Net Cash from Operating Activities Retail Sales Generation Output
2008 2009 2010
in millions
of megawatt-
hours
in millions
of megawatt-
hours