Progress Energy 2010 Annual Report Download - page 128
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124
SELECTED CONSOLIDATED FINANCIAL AND OPERATING DATA
(UNAUDITED)
Years ended December 31
(in millions, except per share data) 2010 2009 2008 2007 2006
Operating results
Operating revenues $10,190 $9,885 $9,167 $9,153 $8,724
Income from continuing operations 867 840 778 702 567
Net income 863 761 836 496 620
Net income attributable to controlling interests 856 757 830 504 571
Per share data – basic and diluted earnings
Income from continuing operations attributable
to controlling interests, net of tax $2.96 $2.99 $2.95 $2.70 $2.19
Net income attributable to controlling interests 2.95 2.71 3.17 1.96 2.27
Assets $33,054 $31,236 $29,873 $26,338 $25,832
Capitalization and debt
Common stock equity $10,023 $9,449 $8,687 $8,395 $8,259
Noncontrolling interests 4 6 6 84 10
Preferred stock of subsidiaries 93 93 93 93 93
Long-term debt, net(a) 12,137 12,051 10,659 8,737 8,835
Current portion of long-term debt 505 406 – 877 324
Short-term debt – 140 1,050 201 –
Capital lease obligations 221 231 239 247 72
Totalcapitalizationanddebt $22,983 $22,376 $20,734 $18,634 $17,593
Other financial data
Return on average common stock equity (percent) 8.70 8.13 9.59 5.97 7.05
Ratio of earnings to fixed charges 2.72 2.65 2.66 2.62 2.35
Number of common shareholders of record 51,975 53,922 55,919 58,991 64,899
Book value per common share $34.05 $33.53 $32.97 $32.41 $32.53
Dividends declared per common share $2.48 $2.48 $2.47 $2.45 $2.43
Energy supply (millions of kilowatt-hours)
Generated
Steam 44,971 40,420 46,771 51,163 48,770
Nuclear 21,624 29,412 30,565 30,336 30,602
Combustion turbines/combined cycle 27,856 21,254 15,557 13,319 11,857
Hydro 608 651 429 415 594
Purchased 13,473 11,996 14,956 14,994 14,664
Total energy supply (Company share) 108,532 103,733 108,278 110,227 106,487
Jointly owned share(b) 5,228 5,500 5,780 5,351 5,224
Total system energy supply 113,760 109,233 114,058 115,578 111,711
(a) Includes long-term debt to affiliated trust of $273 million at December 31, 2010, $272 million at December 31, 2009 and 2008, and $271 million
at December 31, 2007 and 2006 (See Note 23).
(b) Amounts represent joint owners’ share of the energy supplied from the six generating facilities that are jointly owned.