Allegheny Power 2015 Annual Report Download - page 2

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0 400 500 600100 300200
FINANCIAL HIGHLIGHTS
KEY ACCOMPLISHMENTS
• Generated $3.4 billion in cash from operations
• Invested nearly $1 billion to modernize our
transmission system as part of our Energizing
the Future initiative
• Launched our Cash Flow Improvement Project
with the goal of capturing meaningful and
sustainable savings across our company
• Secured a 20-year license extension from
the Nuclear Regulatory Commission for the
Davis-Besse Nuclear Power Station
• Enhanced transmission and distribution
system reliability
FINANCIALS AT A GLANCE
(dollars in millions, except per share amounts)
2015 2014 2013
TOTAL REVENUES $15,026 $15,049 $14,892
NET INCOME $578 $299 $392
BASIC AND DILUTED EARNINGS per common share $1.37 $0.71 $0.94
DIVIDENDS PAID per common share $1.44 $1.44 $2.20
BOOK VALUE per common share $29.33 $29.49 $30.32
NET INCOME
(in millions)
2015
2014
2013 $392
TRANSMISSION AND DISTRIBUTION RELIABILITY INDEX*
2015
2014
2013
2.56
2.47
2.80
$299
$578
* FirstEnergy’s index comprises two indices that are commonly used in the electric utility industry: Transmission Outage Frequency (TOF) and System Average
Interruption Duration Index (SAIDI). Our index measures frequency and duration of service interruptions: the better the performance, the higher the score.
NET CASH FROM OPERATING ACTIVITIES
(in millions)
2015
2014
2013
$2,713
$2,662
$3,447
0 2,000 2,500 4,000500 1,000 1,500 3,000 3,500
0 2 2.5 30.5 1 1.5