Carolina Power & Light Company
SUPPLEMENTAL DATA Three Months Ended Twelve Months Ended
------------------ -------------------
December 31 December 31
----------- -----------
1994 1993 1994 1993
---- ---- ---- ----
Operating Revenues (in thousands)
Residential.............................$ 199,919 $ 211,293 $ 915,986 $ 943,697
Commercial.............................. 137,248 139,920 595,573 592,973
Industrial.............................. 184,834 187,338 741,662 744,016
Government and municipal................ 18,404 18,900 78,317 78,616
Wholesale - standard rate schedules..... 15,315 25,420 84,775 100,062
Power Agency contract requirements...... 13,932 20,090 115,262 134,258
NCEMC contract requirements............. 53,870 46,340 266,733 253,859
Other utilities......................... 4,027 2,425 33,789 11,232
Miscellaneous revenue................... 11,717 6,831 44,492 36,670
--------- --------- ---------- ----------
Total Operating Revenues..........$ 639,266 $ 658,557 $ 2,876,589 $ 2,895,383
========= ========= ========== ==========
Energy Sales (millions of kWh)
Residential............................. 2,472 2,576 11,147 11,398
Commercial.............................. 2,019 2,000 8,690 8,548
Industrial.............................. 3,652 3,494 14,030 13,557
Government and municipal................ 294 294 1,263 1,248
Wholesale - standard rate schedules..... 495 547 1,983 2,144
Power Agency contract requirements...... 474 662 2,589 3,505
NCEMC contract requirements............. 1,074 1,084 4,885 4,778
Other utilities......................... 186 81 985 327
--------- --------- --------- ---------
Total Energy Sales................ 10,666 10,738 45,572 45,505
========= ========= ========== ==========
Energy Supply (millions of kWh)
Generated - coal........................ 3,660 6,270 21,001 25,807
nuclear..................... 5,729 2,917 18,511 13,691
hydro....................... 155 117 883 784
combustion turbines......... (1) (2) 67 84
Purchased............................... 1,460 1,879 7,040 7,110
--------- --------- --------- ---------
Total Energy Supply
(Company Share)................. 11,003 11,181 47,502 47,476
========= ========= ========== ==========
Detail of Income Taxes (in thousands)
Included in Operating Expenses
Income tax expense - current............$ (2,659) $ (15,733) $ 182,646 $ 138,622
Income tax expense - deferred........... 40,335 38,098 27,426 62,307
Income tax expense - investment
tax credit adjustments................. (2,884) (1,764) (11,537) (11,612)
--------- --------- ---------- ----------
Subtotal.......................... 34,792 20,601 198,535 189,317
--------- --------- ---------- ----------
Harris Plant deferred costs -
investment tax credit adjustments...... (74) 244 (297) 218
--------- --------- ---------- ----------
Total Included in Operating Expenses.... 34,718 20,845 198,238 189,535
--------- --------- ---------- ----------
Included in Other Income
Income tax expense (credit) - current... (5,726) (1,670) (19,239) (7,459)
Income tax expense (credit) - deferred.. 1,676 (336) 9,814 9,045
Income tax expense (credit) -
investment tax credit adjustments...... - (1,194) - (1,194)
--------- --------- ---------- ----------
Total Included in Other Income.... (4,050) (3,200) (9,425) 392
--------- --------- ---------- ----------
Total Income Tax Expense........$ 30,668 $ 17,645 $ 188,813 $ 189,927
========= ========= ========== ==========
FINANCIAL STATISTICS
Ratio of earnings to fixed charges........ 3.31 3.23
Return on average common stock equity..... 11.55 % 13.03 %
Book value per common share............... $ 17.59 $ 17.75
Capitalization ratios
Common stock equity................... 49.16 % 49.10 %
Preferred stock - redemption
not required......................... 2.73 2.68
Long-term debt, net................... 48.11 48.22
---------- ----------
Total......................... 100.00 % 100.00 %
========== ==========
- --------------------------
See Notes to Financial Statements.