<ARTICLE> UT <CIK> 0000050172 <NAME> INDIANA MICHIGAN POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,511,539 <OTHER-PROPERTY-AND-INVEST> 681,725 <TOTAL-CURRENT-ASSETS> 280,507 <TOTAL-DEFERRED-CHARGES> 32,186 <OTHER-ASSETS> 417,054 <TOTAL-ASSETS> 3,923,011 <COMMON> 56,584 <CAPITAL-SURPLUS-PAID-IN> 732,406 <RETAINED-EARNINGS> 285,783 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,074,773 <PREFERRED-MANDATORY> 68,445 <PREFERRED> 9,499 <LONG-TERM-DEBT-NET> 1,009,723 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 103,925 <LONG-TERM-DEBT-CURRENT-PORT> 35,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 127,376 <LEASES-CURRENT> 35,935 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,458,335 <TOT-CAPITALIZATION-AND-LIAB> 3,923,011 <GROSS-OPERATING-REVENUE> 661,821 <INCOME-TAX-EXPENSE> 43,830 <OTHER-OPERATING-EXPENSES> 507,957 <TOTAL-OPERATING-EXPENSES> 551,787 <OPERATING-INCOME-LOSS> 110,034 <OTHER-INCOME-NET> 965 <INCOME-BEFORE-INTEREST-EXPEN> 110,999 <TOTAL-INTEREST-EXPENSE> 32,832 <NET-INCOME> 78,167 <PREFERRED-STOCK-DIVIDENDS> 3,325 <EARNINGS-AVAILABLE-FOR-COMM> 74,842 <COMMON-STOCK-DIVIDENDS> 58,130 <TOTAL-INTEREST-ON-BONDS> 20,525 <CASH-FLOW-OPERATIONS> 141,365 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1> All common stock owned by parent company; no EPS required. </FN>