Duke Energy 2011 Annual Report Download - page 115
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PART II
DUKE ENERGY INDIANA, INC.
Consolidated Statements of Operations
Years Ended December 31,
(In millions) 2011 2010 2009
Operating Revenues-Regulated Electric $2,622 $2,520 $2,353
Operating Expenses
Fuel used in electric generation and purchased power 986 912 877
Operation, maintenance and other 647 611 573
Depreciation and amortization 391 375 403
Property and other taxes 82 70 73
Impairment charges 234 44 —
Total operating expenses 2,340 2,012 1,926
Losses on Sales of Other Assets and Other, net —(2) (4)
Operating Income 282 506 423
Other Income and Expenses, net 97 70 38
Interest Expense 137 135 144
Income Before Income Taxes 242 441 317
Income Tax Expense 74 156 116
Net Income $ 168 $ 285 201
See Notes to Consolidated Financial Statements
95