ComEd 2013 Annual Report Download - page 248

Baltimore City Franchise Taxes
TheCityofBaltimore claims that BGE hasmaintainedelectric facilitiesintheCity’s public right-of-ways for over one hundredyears
without the proper franchiserightsfromtheCity. BGE is currentlyreviewingthemeritsofthis claim. BGE hasnot recordedan
accrual for payment offranchisefeesfor past periods asa rangeofloss, if any, cannot be reasonablyestimatedat this
time.Franchisefeesassessedinfuture periods maybematerial to BGE’s resultsofoperationsandcash flows.
General
Exelon is involvedinvariousother litigation mattersthat are beingdefendedandhandledintheordinarycourseofbusiness. The
assessment ofwhether a loss is probable or a reasonable possibility, andwhether theloss or a rangeofloss is estimable,often
involvesaseriesofcomplexjudgmentsabout future events. Exelon maintainsaccrualsfor such lossesthat are probable ofbeing
incurredandsubject to reasonable estimation.Management is sometimesunable to estimate an amount or rangeofreasonably
possible loss, particularlywhere (1)thedamagessought are indeterminate,(2)the proceedings are inthe earlystages, or (3)the
mattersinvolvenovel or unsettledlegal theories. Insuch cases, there is considerable uncertaintyregardingthetimingor ultimate
resolution ofsuch matters, includingapossible eventual loss.
Income Taxes
See Note 14—IncomeTaxesfor information regardingExelon’s incometaxrefundclaims andcertaintaxpositions, includingthe
1999 sale offossilgeneratingassets.
23. Supplemental Financial Information
Supplemental Statement of Operations Information
Thefollowingtablesprovideadditional information about Exelon’s ConsolidatedStatementsofOperationsfor theyearsended
December 31,2013,2012 and2011.
For the Year Ended
December 31,
2013 2012 2011
Taxes other than income
Utility(a).................................................................................. $449 $ 463$443
Property ................................................................................. 302 227177
Payroll ................................................................................... 159 131 123
Other .................................................................................... 185 198 42
Total taxesother than income................................................................ $1095 $1,019 $785
(a)Generation’s utilitytaxrepresentsgross receiptstaxrelatedto itsretail operationsandComEd’s, PECO’s and BGE’s utilitytaxesrepresent municipal andstate utility
taxesandgross receiptstaxesrelatedto their operatingrevenues, respectively. Theoffsettingcollection ofutilitytaxesfromcustomersisrecordedinrevenueson the
Registrants’ ConsolidatedStatementsofOperationsandComprehensiveIncome.
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