Exelon 2015 Annual Report Download - page 232

Table of Contents
Baltimore Gas and Electric Company and Subsidiary Companies
Consolidated Statements of Operations and Comprehensive Income
For the Years Ended
December 31,
(In millions) 2015 2014 2013
Operating revenues
Electric operating revenues $2,490 $2,460 $2,405
Natural gas operating revenues 631 680 647
Operating revenues from affiliates 14 25 13
Total operating revenues 3,135 3,165 3,065
Operating expenses
Purchased power 602 733 676
Purchased fuel 205 302 293
Purchased power from affiliate 498 382 452
Operating and maintenance 565 614 551
Operating and maintenance from affiliates 118 103 83
Depreciation and amortization 366 371 348
Taxes other than income 224 221 213
Total operating expenses 2,578 2,726 2,616
Gain on sales of assets 1 — —
Operating income 558 439 449
Other income and (deductions)
Interest expense (83) (90) (106)
Interest expense to affiliates, net (16) (16) (16)
Other, net 18 18 17
Total other income and (deductions) (81) (88) (105)
Income before income taxes 477 351 344
Income taxes 189 140 134
Net income 288 211 210
Preference stock dividends 13 13 13
Net income attributable to common shareholder $ 275 $ 198 $ 197
Comprehensive income $ 288 $ 211 $ 210
See the Combined Notes to Consolidated Financial Statements
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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