Exelon 2002 Annual Report Download - page 121

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Notes To Consolidated Financial Statements
exelon corporation and subsidiary companies
119
note 22 • quarterly data (unaudited)
The data shown below include all reclassifications, including those required upon the adoption of EITF 02-3, which Exelon considers
necessary for a fair presentation of such amounts:
Income Before the
Cumulative Effect of Changes
Operating Revenues Operating Income in Accounting Principles Net Income
2002 2001 2002 2001 2002 2001 2002 2001
Quarter ended:
March 31 $ 3,357 $ 3,823 $ 605 $ 889 $ 238 $387$8$399
June 30 3,519 3,616 813 792 485 315 485 315
September 30 4,370 4,185 1,000 912 551 376 551 376
December 31 3,709 3,293 882 769 397 338 397 338
Earnings per Basic Share
Average Shares Before the Cumulative Earnings per
Basic Outstanding Effect of Changes in Basic Share
(in millions) Accounting Principles Net Income
2002 2001 2002 2001 2002 2001
Quarter ended:
March 31 321 320 $0.74$ 1.21 $ 0.02 $ 1.25
June 30 322 321 1.50 0.98 1.50 0.98
September 30 323 321 1.71 1.17 1.71 1.17
December 31 323 321 1.23 1.05 1.23 1.05
Earnings per Diluted Share
Average Shares Before the Cumulative Earnings per
Diluted Outstanding Effect of Changes in Diluted Share
(in millions) Accounting Principles Net Income
2002 2001 2002 2001 2002 2001
Quarter ended:
March 31 323 324 $0.73$ 1.19 $ 0.02 $ 1.23
June 30 324 324 1.50 0.97 1.50 0.97
September 30 324 323 1.70 1.16 1.70 1.16
December 31 325 322 1.22 1.05 1.22 1.05
The following table presents the New York Stock Exchange—Composite Common Stock Prices and dividends by quarter on a per
share basis:
2002 2001
Fourth Third Second First Fourth Third Second First
Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
High Price $ 53.06 $ 52.83 $ 56.99 $ 53.88 $ 48.69 $ 67.65 $ 70.26 $ 69.75
Low Price 42.38 37.85 50.10 45.90 39.65 38.75 62.10 53.60
Close 52.77 47.50 52.30 52.97 47.88 44.60 64.12 65.60
Dividends 0.44 0.44 0.44 0.44 0.43 0.42 0.42 0.55(a)
(a) The first quarter dividend in 2001 was a pro rata dividend. Unicom and PECO each paid their shareholders pro rata, per diem dividends from their last regular dividend dates through
October 19, 2000.The first quarter covered the 119-day period from the date of the Merger, through the February 15, 2001 record date.