ComEd 2006 Annual Report Download - page 153
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Credit Issues
A discussion of credit issues pertinent to PECO is set forth under “Credit Issues” in “EXELON
CORPORATION—Liquidity and Capital Resources” of this Report.
Contractual Obligations and Off-Balance Sheet Obligations
A discussion of PECO’s contractual obligations and off-balance sheet obligations is set forth under
“Contractual Obligations, Commercial Commitments and Off-Balance Sheet Obligations” in “EXELON
CORPORATION—Liquidity and Capital Resources” of this Report.
Critical Accounting Policies and Estimates
See Exelon, Generation, ComEd and PECO—Critical Accounting Policies and Estimates above
for a discussion of PECO’s critical accounting policies and estimates.
New Accounting Pronouncements
See Note 1 of the Combined Notes to Consolidated Financial Statements for information regarding
new accounting pronouncements.
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
PECO
PECO is exposed to market risks associated with credit and interest rates. These risks are
described above under “Quantitative and Qualitative Disclosures about Market Risk—Exelon.”
148