Carolina Power & Light Company
SUPPLEMENTAL DATA Three Months Ended Six Months Ended Twelve Months Ended
June 30 June 30 June 30
1996 1995 1996 1995 1996 1995
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Operating Revenues (in thousands)
Residential $ 204,385 $ 193,263 $ 488,663 $ 444,618 $ 1,013,157 $ 908,214
Commercial 150,338 149,714 301,916 290,856 629,455 593,112
Industrial 178,985 187,742 342,229 352,158 723,519 734,274
Government and municipal 18,966 18,723 39,025 37,565 79,859 76,784
Power Agency contract requirements 23,422 22,590 48,874 46,408 103,418 93,905
NCEMC 54,293 58,657 124,430 142,364 281,237 275,425
Other wholesale 19,990 20,125 41,895 40,525 83,776 76,309
Other utilities 22,412 20,128 56,109 33,669 100,587 51,817
Miscellaneous revenue 13,177 11,023 26,412 22,040 50,895 45,181
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Total Operating Revenues $ 685,968 $ 681,965 $ 1,469,553 $ 1,410,203 $ 3,065,903 $ 2,855,021
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Energy Sales (millions of kWh)
Residential 2,640 2,419 6,448 5,682 12,840 11,184
Commercial 2,335 2,247 4,657 4,338 9,594 8,811
Industrial 3,691 3,733 7,025 7,000 14,337 14,237
Government and municipal 319 299 655 600 1,343 1,252
Power Agency contract requirements 615 489 1,385 965 2,759 2,103
NCEMC 862 1,100 1,953 2,484 4,923 5,093
Other wholesale 503 473 983 935 1,963 1,866
Other utilities 1,080 902 2,652 1,476 4,410 2,126
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Total Energy Sales 12,045 11,662 25,758 23,480 52,169 46,672
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Energy Supply (millions of kWh)
Generated - coal 4,884 5,877 12,027 10,440 25,104 19,591
nuclear 5,805 4,044 10,484 9,891 20,541 21,352
hydro 211 155 523 453 894 800
combustion turbines 15 1 29 85 1
Purchased 1,828 2,034 3,724 3,544 7,613 6,767
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Total Energy Supply (Company Share) 12,743 12,111 26,787 24,328 54,237 48,511
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Detail of Income Taxes (in thousands)
Included in Operating Expenses
Income tax expense (credit)- current $ 58,915 $ 33,016 $ 125,020 $ 110,171 $ 200,115 $ 203,736
Income tax expense - deferred 10,868 2,479 24,470 (10,708) 118,480 18,721
Income tax expense - investment
tax credit adjustments (2,611) (2,553) (5,223) (5,105) (9,461) (10,874)
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Subtotal 67,172 32,942 144,267 94,358 309,134 211,583
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Harris Plant deferred costs -
investment tax credit adjustments (74) (74) (149) (149) (297) (297)
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Total Included in Operating Expenses 67,098 32,868 144,118 94,209 308,837 211,286
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Included in Other Income
Income tax expense (credit) - current (6,189) (4,796) (11,626) (9,693) (26,852) (23,633)
Income tax expense - deferred 1,771 1,589 2,795 3,196 5,977 10,201
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Total Included in Other Income (4,418) (3,207) (8,831) (6,497) (20,875) (13,432)
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Total Income Tax Expense $ 62,680 $ 29,661 $ 135,287 $ 87,712 $ 287,962 $ 197,854
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FINANCIAL STATISTICS
Ratio of earnings to fixed charges 4.07 3.35
Return on average common stock equity 15.03 % 11.93 %
Book value per common share $ 18.33 $ 17.72
Capitalization ratios
Common stock equity 49.32 % 47.98 %
Preferred stock - redemption not required 2.69 2.65
Long-term debt, net 47.99 49.37
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Total 100.00 % 100.00 %
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See Notes to Financial Statements.