Exelon 2004 Annual Report Download - page 38

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Exelon Corporation
Consolidated Statements of Changes in Shareholders’ Equity
Dollars in millions, shares in thousands
Issued
Shares
Common
Stock
Treasury
Stock
Deferred
Compensation
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
Equity
Balance, December 31, 2001 642,014 $6,961 $ – $(2) $1,169 $ (26) $8,102
Net income – – – – 1,440 – 1,440
Long-term incentive plan activity 4,098 87 – – – – 87
Employee stock purchase plan issuances 514 11 – – – – 11
Amortization of deferred compensation – – – 1 – – 1
Common stock dividends declared – – – – (567) – (567)
Other comprehensive loss, net of
income taxes of $(850) – – – – – (1,332) (1,332)
Balance, December 31, 2002 646,626 7,059 – (1) 2,042 (1,358) 7,742
Net income – – – – 905 – 905
Long-term incentive plan activity 9,322 222 – – – – 222
Employee stock purchase plan issuances 418 11 – – – – 11
Amortization of deferred compensation – – – 1 – – 1
Common stock dividends declared – – – – (625) – (625)
Redemption premium on PECO preferred stock – – – – (2) – (2)
Other comprehensive income, net of
income taxes of $217 – – – – – 249 249
Balance, December 31, 2003 656,366 7,292 – – 2,320 (1,109) 8,503
Net income – – – – 1,864 – 1,864
Long-term incentive plan activity 10,013 296 – – – – 296
Employee stock purchase plan issuances 309 10 – – – – 10
Common stock purchases – – (82) – – – (82)
Common stock dividends declared – – – – (831) – (831)
Adjustments to accumulated other
comprehensive loss due to the
consolidation of Sithe – – – – – (6) (6)
Other comprehensive loss, net of
income taxes of $(190) – – – – – (331) (331)
Balance, December 31, 2004 666,688 $7,598 $(82) $ – $3,353 $(1,446) $9,423
The information in the Consolidated Statements of Changes in Shareholders’ Equity shown above is a replication of the information in the Consolidated Statements of
Changes in Shareholders’ Equity in Exelon’s 2004 Form 10-K. For complete consolidated financial statements, including notes, please refer to pages 134 through 224 of
Exelon’s 2004 Form 10-K filed with the SEC. See also management’s discussion and analysis of financial condition and results of operation, which includes a discussion
of critical accounting policies and estimates, on pages 46 through 130 of Exelon’s 2004 Form 10-K filed with the SEC.
36 EXELON CORPORATION AND SUBSIDIARY COMPANIES