Exhibit 99.4
Selected Financial Data
Generation
The selected financial data presented below has been derived from the audited consolidated financial statements of Generation. This data is qualified in its entirety by reference to and should be read in conjunction with Generation’s Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations filed as exhibit 99.5 to this current report on Form 8-K.
The consolidated financial statements of Generation as of December 31, 2000 and for the year then ended present the financial position, results of operations and net cash flows of the generation-related business of Exelon prior to its corporate restructuring on January 1, 2001. The results of operations for Exelon Energy Company are not included in periods prior to 2004.
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| | | For the Years Ended December 31, | |
| (in millions) | | 2004 | | | 2003 | | | 2002 | | | 2001 | | | 2000 | |
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Statement of Income data: | | | | | | | | | | | | | | | | | | | | |
| Operating revenues | | $ | 7,703 | | | $ | 8,135 | | | $ | 6,858 | | | $ | 6,826 | | | $ | 3,274 | |
| Operating income (loss) | | | 1,039 | | | | (115 | ) | | | 509 | | | | 872 | | | | 441 | |
| Income (loss) from continuing operations | | $ | 1,052 | | | $ | (416 | ) | | $ | 607 | | | $ | 839 | | | $ | 420 | |
| Loss from discontinued operations | | | (16 | ) | | | — | | | | — | | | | — | | | | — | |
| Income (loss) before cumulative effect of changes in accounting principles | | | 641 | | | | (241 | ) | | | 387 | | | | 512 | | | | 260 | |
| Cumulative effect of changes in accounting principles (net of income taxes) | | | 32 | | | | 108 | | | | 13 | | | | 12 | | | | — | |
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| Net income (loss) | | $ | 673 | | | $ | (133 | ) | | $ | 400 | | | $ | 524 | | | $ | 260 | |
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| | | December 31, | |
| (in millions) | | 2004 | | | 2003 | | | 2002 | | | 2001 | | | 2000 | |
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Balance Sheet data: | | | | | | | | | | | | | | | | | | | | |
| Current assets | | $ | 2,321 | | | $ | 2,438 | | | $ | 1,805 | | | $ | 1,435 | | | $ | 1,793 | |
| Property, plant and equipment, net | | | 7,536 | | | | 7,106 | | | | 4,698 | | | | 2,003 | | | | 1,727 | |
| Deferred debits and other assets | | | 6,581 | | | | 5,105 | | | | 4,402 | | | | 4,700 | | | | 4,742 | |
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| Total assets | | $ | 16,438 | | | $ | 14,649 | | | $ | 10,905 | | | $ | 8,138 | | | $ | 8,262 | |
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| Current liabilities | | $ | 2,416 | | | $ | 3,553 | | | $ | 2,594 | | | $ | 1,097 | | | $ | 2,176 | |
| Long-term debt | | | 2,583 | | | | 1,649 | | | | 2,132 | | | | 1,021 | | | | 205 | |
| Deferred credits and other liabilities | | | 8,356 | | | | 6,488 | | | | 3,226 | | | | 3,212 | | | | 3,271 | |
| Minority interest | | | 44 | | | | 3 | | | | 54 | | | | — | | | | — | |
| Member’s equity | | | 3,039 | | | | 2,956 | | | | 2,899 | | | | 2,808 | | | | 2,610 | |
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| Total liabilities and member’s equity | | $ | 16,438 | | | $ | 14,649 | | | $ | 10,905 | | | $ | 8,138 | | | $ | 8,262 | |
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