Allegheny Power 2011 Annual Report Download - page 169

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154
the related costs of electricity generation, including purchased power and net transmission (including congestion) and ancillary
costs charged by PJM and MISO (prior to June 1, 2011) to deliver energy to the segment's customers.
Other/Corporate contains corporate items and other businesses that are below the quantifiable threshold for separate disclosure
as a reportable segment.
Financial information for each of FirstEnergy's reportable segments is presented in the table below, which includes financial results
for Allegheny beginning February 25, 2011. FES and the Utility Registrants do not have separate reportable operating segments.
As described in Note 1, Organization, Basis of Presentation and Significant Accounting Policies, FirstEnergy elected to change its
method of recognizing actuarial gains and losses for its defined benefit pension and OPEB plans, and applied this change
retrospectively to all periods presented.
Segment Financial Information
For the Years Ended December 31,
2011
External revenues
Internal revenues
Total Revenues
Depreciation and amortization
Investment income
Net interest charges
Income taxes
Net income
Total assets
Total goodwill
Property additions
2010
External revenues
Internal revenues
Total Revenues
Depreciation and amortization
Investment income
Net interest charges
Income taxes
Net income
Total assets
Total goodwill
Property additions
2009
External revenues
Internal revenues
Total Revenues
Depreciation and amortization
Investment income
Net interest charges
Income taxes
Net income
Total assets
Total goodwill
Property additions
Regulated
Distribution
$ 10,004
—
10,004
943
110
(573)
335
570
27,477
5,551
1,066
$9,571
139
9,710
1,145
102
(500)
338
553
22,160
5,551
681
$ 10,916
—
10,916
1,432
141
(478)
243
335
22,663
5,551
718
Competitive
Energy
Services
(In millions)
$5,936
1,237
7,173
415
56
(298)
222
377
16,796
890
927
$3,575
2,301
5,876
284
51
(232)
128
210
11,320
24
1,159
$1,928
2,843
4,771
279
121
(174)
305
446
10,668
24
1,412
Regulated
Independent
Transmission
$391
—
391
66
—
(46)
66
112
2,436
—
192
$242
—
242
47
—
(22)
32
54
1,064
—
64
$223
—
223
50
—
(19)
26
39
974
—
32
Other
$(114)
—
(114)
26
1
(91)
(87)
(149)
617
—
93
$(88)
—
(88)
14
(2)
(104)
(44)
(79)
987
—
59
$(82)
—
(82)
15
4
(345)
(140)
(209)
749
—
41
Reconciling
Adjustments
$(26)
(1,170)
(1,196)
—
(53)
—
38
(41)
—
—
—
$(35)
(2,366)
(2,401)
—
(34)
13
8
(20)
—
—
—
$(29)
(2,826)
(2,855)
—
(62)
38
(250)
245
—
—
—
Consolidated
$16,191
67
16,258
1,450
114
(1,008)
574
869
47,326
6,441
2,278
$13,265
74
13,339
1,490
117
(845)
462
718
35,531
5,575
1,963
$12,956
17
12,973
1,776
204
(978)
184
856
35,054
5,575
2,203
Reconciling adjustments to segment operating results from internal management reporting to consolidated external financial