<ARTICLE> UT <CIK> 0000050172 <NAME> INDIANA MICHIGAN POWER COMPANY <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <EXCHANGE-RATE>1.000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1993 <PERIOD-END> SEP-30-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,602,528 <OTHER-PROPERTY-AND-INVEST> 477,470 <TOTAL-CURRENT-ASSETS> 258,883 <TOTAL-DEFERRED-CHARGES> 535,884 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,874,765 <COMMON> 56,584 <CAPITAL-SURPLUS-PAID-IN> 734,477 <RETAINED-EARNINGS> 208,749 <TOTAL-COMMON-STOCKHOLDERS-EQ> 999,810 <PREFERRED-MANDATORY> 135,000 <PREFERRED> 52,000 <LONG-TERM-DEBT-NET> 967,840 <SHORT-TERM-NOTES> 4,075 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 7,625 <LONG-TERM-DEBT-CURRENT-PORT> 100,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 111,120 <LEASES-CURRENT> 34,983 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,462,312 <TOT-CAPITALIZATION-AND-LIAB> 3,874,765 <GROSS-OPERATING-REVENUE> 965,086 <INCOME-TAX-EXPENSE> 44,762 <OTHER-OPERATING-EXPENSES> 751,468 <TOTAL-OPERATING-EXPENSES> 796,230 <OPERATING-INCOME-LOSS> 168,856 <OTHER-INCOME-NET> 5,077 <INCOME-BEFORE-INTEREST-EXPEN> 173,933 <TOTAL-INTEREST-EXPENSE> 53,963 <NET-INCOME> 119,970 <PREFERRED-STOCK-DIVIDENDS> 8,760 <EARNINGS-AVAILABLE-FOR-COMM> 111,210 <COMMON-STOCK-DIVIDENDS> 79,956 <TOTAL-INTEREST-ON-BONDS> 32,712 <CASH-FLOW-OPERATIONS> 224,923 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1> All common stock owned by parent company; no EPS required. </FN>