<ARTICLE> UT <CIK> 0000050172 <NAME> INDIANA MICHIGAN POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,508,838 <OTHER-PROPERTY-AND-INVEST> 714,938 <TOTAL-CURRENT-ASSETS> 255,173 <TOTAL-DEFERRED-CHARGES> 22,754 <OTHER-ASSETS> 406,214 <TOTAL-ASSETS> 3,907,917 <COMMON> 56,584 <CAPITAL-SURPLUS-PAID-IN> 732,439 <RETAINED-EARNINGS> 285,589 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,074,612 <PREFERRED-MANDATORY> 68,445 <PREFERRED> 9,499 <LONG-TERM-DEBT-NET> 1,012,162 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 57,850 <LONG-TERM-DEBT-CURRENT-PORT> 35,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 135,807 <LEASES-CURRENT> 32,891 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,481,651 <TOT-CAPITALIZATION-AND-LIAB> 3,907,917 <GROSS-OPERATING-REVENUE> 1,023,879 <INCOME-TAX-EXPENSE> 67,888 <OTHER-OPERATING-EXPENSES> 785,508 <TOTAL-OPERATING-EXPENSES> 853,396 <OPERATING-INCOME-LOSS> 170,483 <OTHER-INCOME-NET> 1,464 <INCOME-BEFORE-INTEREST-EXPEN> 171,947 <TOTAL-INTEREST-EXPENSE> 48,689 <NET-INCOME> 123,258 <PREFERRED-STOCK-DIVIDENDS> 4,544 <EARNINGS-AVAILABLE-FOR-COMM> 118,714 <COMMON-STOCK-DIVIDENDS> 102,196 <TOTAL-INTEREST-ON-BONDS> 30,102 <CASH-FLOW-OPERATIONS> 236,011 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1> All common stock owned by parent company; no EPS required. </FN>