Allegheny Power 2011 Annual Report Download - page 162

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147
FIRSTENERGY SOLUTIONS CORP.
CONSOLIDATING STATEMENTS OF INCOME
For the Year Ended December 31, 2009
REVENUES
OPERATING EXPENSES:
Fuel
Purchased power from affiliates
Purchased power from non-affiliates
Other operating expenses
Pensions and OPEB mark-to-market
adjustment
Provision for depreciation
General taxes
Impairment of long-lived assets
Total operating expenses
OPERATING INCOME (LOSS)
OTHER INCOME (EXPENSE):
Investment income
Miscellaneous income (expense), including
net income from equity investees
Interest expense to affiliates
Interest expense — other
Capitalized interest
Total other income (expense)
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES (BENEFITS)
NET INCOME (LOSS)
FES
(In millions)
$ 4,390
18
3,221
996
220
13
4
18
—
4,490
(100)
5
585
—
(44)
—
546
446
(52)
$ 498
FGCO
$ 2,216
973
18
—
377
56
122
45
6
1,597
619
—
2
(6)
(99)
50
(53)
566
196
$ 370
NGC
$ 1,361
138
222
—
497
81
142
24
—
1,104
257
120
—
(4)
(62)
10
64
321
117
$ 204
Eliminations
$ (3,239)
—
(3,239)
—
49
—
(6)
—
—
(3,196)
(43)
—
(574)
—
63
—
(511)
(554)
20
$ (574)
Consolidated
$ 4,728
1,129
222
996
1,143
150
262
87
6
3,995
733
125
13
(10)
(142)
60
46
779
281
$ 498