Exelon 2003 Annual Report Download - page 19

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17
Maximize:Through The Exelon Way,we are maximizing not only our earnings
and cash flow,but also our competitive future. Our goal is to deliver $300 million
in additional annual cash flow by 2004,and $600 million annually by 2006.We are
well on the way to achieving that goal. By year-end 2003,we already realized $170
million in savings from The Exelon Waysavings not originally anticipated until
2004. By maximizing our earnings and cash flow, we build value through disciplined
financial management.