<ARTICLE> UT <CIK> 0000004904 <NAME> AMERICAN ELECTRIC POWER COMPANY, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,632,849 <OTHER-PROPERTY-AND-INVEST> 1,358,810 <TOTAL-CURRENT-ASSETS> 1,518,136 <TOTAL-DEFERRED-CHARGES> 288,011 <OTHER-ASSETS> 1,817,540 <TOTAL-ASSETS> 16,615,346 <COMMON> 1,293,435 <CAPITAL-SURPLUS-PAID-IN> 1,778,782 <RETAINED-EARNINGS> 1,605,017 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,677,234 <PREFERRED-MANDATORY> 127,605 <PREFERRED> 46,724 <LONG-TERM-DEBT-NET> 5,129,463 <SHORT-TERM-NOTES> 199,285 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 355,790 <LONG-TERM-DEBT-CURRENT-PORT> 294,454 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 437,303 <LEASES-CURRENT> 101,089 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,246,399 <TOT-CAPITALIZATION-AND-LIAB> 16,615,346 <GROSS-OPERATING-REVENUE> 6,161,368 <INCOME-TAX-EXPENSE> 362,560 <OTHER-OPERATING-EXPENSES> 4,814,354 <TOTAL-OPERATING-EXPENSES> 5,176,914 <OPERATING-INCOME-LOSS> 984,454 <OTHER-INCOME-NET> 59,572 <INCOME-BEFORE-INTEREST-EXPEN> 1,044,026 <TOTAL-INTEREST-EXPENSE> 405,815 <NET-INCOME> 510,961<F1> <PREFERRED-STOCK-DIVIDENDS> 17,831<F2> <EARNINGS-AVAILABLE-FOR-COMM> 510,961 <COMMON-STOCK-DIVIDENDS> 453,453 <TOTAL-INTEREST-ON-BONDS> 236,250 <CASH-FLOW-OPERATIONS> 1,197,922 <EPS-PRIMARY> $2.70<F3> <EPS-DILUTED> $2.70<F3> <FN> <F1> Net income includes an extraordinary loss of $(109,419,000) for United Kingdom windfall tax. <F2> Represents preferred stock dividend requirements of subsidiaries; deducted before computation of net income. <F3> EPS includes an extraordinary loss of $(0.58)for United Kingdom windfall tax. </FN>