Duke Energy Indiana 8-K Other events

Exhibit 99.1

SELECTED FINANCIAL DATA

ITEM 6.  SELECTED FINANCIAL DATA

	2002			2001			2000			1999		1998
	(in millions, except per share amounts)
Cinergy(1)
Results of Operations:
Operating revenues(2)	$	4,125		$	4,050		$	3,781		$	3,428	$	3,223
Income before discontinued operations and cumulative effect of a change in accounting principle	397			459			400			402		261
Discontinued operations, net of tax(3)	(25		)	(17		)	(1		)	2		—
Cumulative effect of a change in accounting principle, net of tax(4)	(11		)	—			—			—		—
Net income	361			442			399			404		261
Per Share Data:
Earnings per common share (EPS)
Income before discontinued operations and cumulative effect of a change in accounting principle	2.37			2.88			2.52			2.53		1.65
Discontinued operations, net of tax(3)	(0.15		)	(0.10		)	(0.01		)	.01		—
Cumulative effect of a change in accounting principle, net of tax(4)	(0.06		)	—			—			—		—
Net income	2.16			2.78			2.51			2.54		1.65
EPS - assuming dilution
Income before discontinued operations and cumulative effect of a change in accounting principle	2.34			2.85			2.51			2.52		1.65
Discontinued operations, net of tax(3)	(0.15		)	(0.10		)	(0.01		)	.01		—
Cumulative effect of a change in accounting principle, net of tax(4)	(0.06		)	—			—			—		—
Net income	2.13			2.75			2.50			2.53		1.65
Dividends declared per share	1.80			1.80			1.80			1.80		1.80
Balance Sheet Data (at end of period):
Total assets	13,307			12,300			12,330			9,617		9,687
Long-term debt (including amounts due in one year)	4,272			3,745			2,917			3,020		2,740
CG&E
Results of Operations:
Operating revenues(2)	$	2,137		$	2,247		$	2,101		$	1,914	$	1,826
Net income	264			327			267			234		216
Balance Sheet Data (at end of period):
Total assets	5,542			5,360			5,987			4,917		5,154
Long-term debt (including amounts due in one year)	1,690			1,205			1,206			1,206		1,350
PSI
Results of Operations:
Operating revenues(2)	$	1,611		$	1,574		$	1,512		$	1,449	$	1,316
Net income	214			162			135			117		52
Balance Sheet Data (at end of period):
Total assets	4,223			4,571			4,630			3,835		3,584
Long-term debt (including amounts due in one year)	1,372			1,348			1,113			1,243		1,032

(1)The results of Cinergy also include amounts related to non-registrants.

(2)Emerging Issues Task Force Issue 02-3, Accounting for Contracts Involved in Energy Trading and Risk Management Activities required that all gains and losses on energy trading derivatives be presented on a net basis beginning January 1, 2003.  All periods presented have been reclassified for this change in accounting principle.  This resulted in substantial reductions in reported Operating Revenues, Fuel and purchased and exchanged power expense, and Gas purchased expense.  However, Operating Income and Net Income were not affected by this change.  For further information see Note 20 of the “Notes to Financial Statements” in “Item 8.  Financial Statements and Supplementary Data”.

(3)See Note 15 of the “Notes to Financial Statements” in “Item 8. Financial Statements and Supplementary Data” for further explanation.

(4)In 2002, Cinergy recognized a cumulative effect of a change in accounting principle of $11 million (net of tax) as a result of an impairment charge for goodwill related to certain of our international assets. See Note 14 of the “Notes to Financial Statements” in “Item 8. Financial Statements and Supplementary Data”.

1