<ARTICLE> UT <CIK> 0000050172 <NAME> INDIANA MICHIGAN POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-2000 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,597,291 <OTHER-PROPERTY-AND-INVEST> 950,070 <TOTAL-CURRENT-ASSETS> 481,709 <TOTAL-DEFERRED-CHARGES> 43,072 <OTHER-ASSETS> 598,632 <TOTAL-ASSETS> 4,670,774 <COMMON> 56,584 <CAPITAL-SURPLUS-PAID-IN> 732,802 <RETAINED-EARNINGS> 102,364 <TOTAL-COMMON-STOCKHOLDERS-EQ> 891,750 <PREFERRED-MANDATORY> 64,945 <PREFERRED> 8,989 <LONG-TERM-DEBT-NET> 1,129,334 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 348,393 <LONG-TERM-DEBT-CURRENT-PORT> 150,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 138,251 <LEASES-CURRENT> 47,081 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,892,031 <TOT-CAPITALIZATION-AND-LIAB> 4,670,774 <GROSS-OPERATING-REVENUE> 343,986 <INCOME-TAX-EXPENSE> (17,537) <OTHER-OPERATING-EXPENSES> 376,774 <TOTAL-OPERATING-EXPENSES> 359,237 <OPERATING-INCOME-LOSS> (15,251) <OTHER-INCOME-NET> 565 <INCOME-BEFORE-INTEREST-EXPEN> (14,686) <TOTAL-INTEREST-EXPENSE> 21,867 <NET-INCOME> (36,553) <PREFERRED-STOCK-DIVIDENDS> 1,160 <EARNINGS-AVAILABLE-FOR-COMM> (37,713) <COMMON-STOCK-DIVIDENDS> 26,290 <TOTAL-INTEREST-ON-BONDS> 6,423 <CASH-FLOW-OPERATIONS> 5,874 <EPS-BASIC> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1> All common stock owned by parent company; no EPS required. </FN>