ComEd 2008 Annual Report Download - page 38

Download and view the complete annual report

Please find page 38 of the 2008 ComEd annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 46

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46

Consolidated฀Statements฀of฀Cash฀Flows
Exelon฀Corporation฀and฀Subsidiary฀Companies
36
฀฀For฀the฀Years฀Ended฀December฀31,
(in฀millions)฀ ฀ ฀ 2008฀ 2007฀฀ 2006
Cash฀ows฀from฀operating฀activities฀ ฀฀ ฀฀ ฀
Net฀income฀ $฀ 2,737฀ $฀ 2,736฀ $฀ 1,592
Adjustments฀to฀reconcile฀net฀income฀to฀net฀cash฀ows฀provided฀by฀operating฀activities:฀ ฀฀ ฀฀ ฀
฀ Depreciation,฀amortization฀and฀accretion,฀including฀nuclear฀fuel฀ ฀ 2,308฀ ฀ 2,183฀ ฀ 2,132
฀ Impairment฀charges฀ ฀ –฀ ฀ –฀ ฀ 894
฀ Deferred฀income฀taxes฀and฀amortization฀of฀investment฀tax฀credits฀ ฀ 374฀ ฀ (104)฀ ฀ 73
฀ Net฀realized฀and฀unrealized฀mark-to-market฀transactions฀ ฀ (515)฀ ฀ 102฀ ฀ (83)
฀ Other฀non-cash฀operating฀activities฀฀ ฀ 1,233฀ ฀ 664฀ ฀ 197
฀ Changes฀in฀assets฀and฀liabilities:฀ ฀฀ ฀฀ ฀
฀ ฀ Accounts฀receivable฀ ฀ 67฀ ฀ (585)฀ ฀ (62)
฀ ฀ Inventories฀ ฀ (109)฀ ฀ 9฀ ฀ (59)
฀ ฀ Accounts฀payable,฀accrued฀expenses฀and฀other฀current฀liabilities฀ ฀ 136฀ ฀ 330฀ ฀ 67
฀ ฀ Counterparty฀collateral฀asset฀ ฀ 670฀ ฀ (246)฀ ฀ 259
฀ ฀ Counterparty฀collateral฀liability฀ ฀ 357฀ ฀ (270)฀ ฀ 172
฀ ฀ Income฀taxes฀ ฀ (38)฀ ฀ 160฀ ฀ 69
฀ ฀ Restricted฀cash฀ ฀ 14฀ ฀ (15)฀ ฀ –
฀ ฀ Pension฀and฀non-pension฀postretirement฀benet฀contributions฀ ฀ (230)฀ ฀ (204)฀ ฀ (180)
฀ ฀ Other฀assets฀and฀liabilities฀ ฀ (453)฀ ฀ (264)฀ ฀ (236)
Net฀cash฀ows฀provided฀by฀operating฀activities฀ ฀ 6,551฀ ฀ 4,496฀ ฀ 4,835
Cash฀ows฀from฀investing฀activities฀ ฀฀ ฀฀ ฀
฀ Capital฀expenditures฀ ฀ (3,117)฀ ฀ (2,674)฀ ฀ (2,418)
฀ Proceeds฀from฀nuclear฀decommissioning฀trust฀fund฀sales฀ ฀ 17,202฀ ฀ 7,312฀ ฀ 4,793
฀ Investment฀in฀nuclear฀decommissioning฀trust฀funds฀ ฀ (17,487)฀ ฀ (7,527)฀ ฀ (5,081)
฀ Proceeds฀from฀sales฀of฀investments฀ ฀ –฀ ฀ 95฀ ฀ 2
฀ Change฀in฀restricted฀cash฀ ฀ 29฀ ฀ (45)฀ ฀ (9)
฀ Other฀investing฀activities฀ ฀ (5)฀ ฀ (70)฀ ฀ (49)
Net฀cash฀ows฀used฀in฀investing฀activities฀ ฀ (3,378)฀ ฀ (2,909)฀ ฀ (2,762)