CINergy (CIN) 8-K Results of Operations and Financial Condition

Exhibit 99.4

CINERGY CORP.

BUSINESS SEGMENT SUMMARY INFORMATION

For the Year to Date December 31

(unaudited)

(dollars in thousands, except per share amounts)

	2004			2003
Commercial Businesses
Net Income	$	178,777		$	275,247
Earnings Per Share - diluted	$	0.97		$	1.54
Electricity Trading Volumes (MWhs)	185,148,553			147,461,653
Physical and Financial Gas Trading Volumes (Bcf/d)	51.6			53.2
Regulated Businesses
Net Income	$	253,138		$	210,929
Earnings Per Share - diluted	$	1.38		$	1.18
Electric Retail MWh Sales and Transportation	52,655,549			51,333,190
Gas Retail Mcf Sales and Transportation	91,012,963			95,394,249
Electric Customers (End of Period)	1,566,693			1,535,913
Gas Customers (End of Period)	511,123			504,637
Power Technology & Infrastructure Services
Net Income	$	(31,047	)	$	(16,404	)
Earnings Per Share - diluted	$	(0.17	)	$	(0.09	)