Exelon 2004 Annual Report Download - page 21

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19
Realizing our commitment to shareholders...
The faces may change, but the Vision remains. Exelon is one Company,
with one Vision – to be the finest electric and gas company in the country.
Exelon is one of the most successful utilities in country, with the largest
nuclear fleet, a strong balance sheet, and the largest market cap in the
industry. It is also one of the most profitable, with a total return over the
past four years exceeding 70 percent. We have delivered extraordinary
value to our shareholders.
Exelon has the potential to set the standard for the industry. Our
impending merger with PSEG will afford us greater scope, scale and
cost synergies, and has the potential to deliver growth for years to come.
By combining Exelon’s nuclear and balance sheet prowess with PSEG’s
strong distribution performance and auction savvy, we have a rare
opportunity to create the finest electric and gas company in the nation.
today
tomorrow
no.1
Our goal: exceptional service,
extraordinary value