Consumers Energy (CMS-PB) 8-K Certain terms used in the text and financial statements are defined below

Exhibit 99.2

Selected Financial Information CMS Energy Corporation

			2006			2005			2004			2003			2002
Operating revenue (in millions)	($	)		6,303			6,018			5,256			5,314			8,433
Earnings from equity method investees (in millions)	($	)		89			125			115			164			92
Income (loss) from continuing operations (in millions)	($	)		(122	)		(133	)		115			—			(393	)
Cumulative effect of change in accounting (in millions)	($	)		—			—			(2	)		(24	)		18
Net income (loss) (in millions)	($	)		(79	)		(84	)		121			(43	)		(650	)
Net income (loss) available to common stockholders (in millions)	($	)		(90	)		(94	)		110			(44	)		(650	)
Average common shares outstanding (in thousands)				219,857			211,819			168,553			150,434			139,047
Net income (loss) from continuing operations per average common share
CMS Energy — Basic	($	)		(0.61	)		(0.68	)		0.61			(0.01	)		(2.83	)
— Diluted	($	)		(0.61	)		(0.68	)		0.60			(0.01	)		(2.83	)
Cumulative effect of change in accounting per average common share
CMS Energy — Basic	($	)		—			—			(0.01	)		(0.16	)		0.13
— Diluted	($	)		—			—			(0.01	)		(0.16	)		0.13
Net income (loss) per average common share
CMS Energy — Basic	($	)		(0.41	)		(0.44	)		0.65			(0.30	)		(4.68	)
— Diluted	($	)		(0.41	)		(0.44	)		0.64			(0.30	)		(4.68	)
Cash provided by (used in) operations (in millions)	($	)		688			599			353			(250	)		614
Capital expenditures, excluding acquisitions and capital lease additions (in millions)	($	)		670			593			525			535			747
Total assets (in millions) (a)	($	)		15,371			16,041			15,872			13,838			14,781
Long-term debt, excluding current portion (in millions) (a)	($	)		6,202			6,780			6,417			5,985			5,315
Long-term debt-related parties, excluding current portion (in millions) (b)	($	)		178			178			504			684			—
Non-current portion of capital leases and finance lease obligations (in millions)	($	)		42			308			315			58			116
Total preferred stock (in millions)	($	)		305			305			305			305			44
Total Trust Preferred Securities (in millions) (b)	($	)		—			—			—			—			883
Cash dividends declared per common share	($	)		—			—			—			—			1.09
Market price of common stock at year-end	($	)		16.70			14.51			10.45			8.52			9.44
Book value per common share at year-end	($	)		10.03			10.53			10.62			9.84			7.48
Number of employees at year-end (full-time equivalents)				8,640			8,713			8,660			8,411			10,477
Electric Utility Statistics
Sales (billions of kWh)				38			39			38			38			38
Customers (in thousands)				1,797			1,789			1,772			1,754			1,734
Average sales rate per kWh	(¢	)		8.46			6.73			6.88			6.91			6.88
Gas Utility Statistics
Sales and transportation deliveries (bcf)				309			350			385			380			376
Customers (in thousands) (c)				1,714			1,708			1,691			1,671			1,652
Average sales rate per mcf	($	)		10.44			9.61			8.04			6.72			5.67

(a)	Until their sale in November 2006, we were the primary beneficiary of the MCV Partnership and the FMLP. As a result, we consolidated their assets, liabilities and activities into our consolidated financial statements through the date of sale and for the years ended December 31, 2005 and 2004. These partnerships had third party obligations totaling $482 million at December 31, 2005 and $582 million at December 31, 2004. Property, plant and equipment serving as collateral for these obligations had a carrying value of $224 million at December 31, 2005 and $1.426 billion at December 31, 2004.
(b)	Effective December 31, 2003, Trust Preferred Securities are classified on our consolidated balance sheet as Long-term debt — related parties.
(c)	Excludes off-system transportation customers.

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