Carolina Power & Light Company
STATEMENTS OF CASH FLOWS
(In thousands) Three Months Ended Nine Months Ended Twelve Months Ended
September 30 September 30 September 30
1995 1994 1995 1994 1995 1994
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Operating Activities
Net income $ 151,905 $ 120,253 $ 305,900 $ 267,292 $ 351,775 $ 331,164
Adjustments to reconcile net income to net cash
provided by operating activities
Depreciation and amortization 111,958 119,547 334,706 363,174 445,012 487,725
Harris Plant deferred costs 5,147 4,078 14,583 12,205 18,953 7,611
Deferred income taxes 12,499 (5,578) 4,988 (4,771) 46,999 32,993
Investment tax credit adjustments (2,553) (2,884) (7,658) (8,653) (10,542) (11,612)
Allowance for equity funds used during construction (774) (1,660) (2,671) (5,761) (2,984) (8,330)
Deferred fuel cost (credit) (8,683) 28,626 7,117 20,411 24,876 13,965
Net (increase) decrease in receivables, inventories
and prepaid expenses 5,147 19,246 (73,818) (50,068) (97,641) 19,103
Net increase (decrease) in payables and accrued
expenses 37,425 25,565 30,622 (1,234) (14,915) (50,608)
Miscellaneous 7,300 2,983 34,526 18,428 11,168 1,479
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Net Cash Provided by Operating Activities 319,371 310,176 648,295 611,023 772,701 823,490
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Investing Activities
Gross property additions (52,629) (63,935) (191,361) (191,876) (274,262) (302,609)
Nuclear fuel additions (31,933) (2,894) (67,243) (15,322) (77,771) (34,834)
Contributions to external decommissioning trust (6,899) (4,746) (33,515) (18,461) (36,679) (28,253)