Carolina Power & Light Company
SUPPLEMENTAL DATA Three Months Ended Twelve Months Ended
March 31 March 31
1997 1996 1997 1996
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Operating Revenues (in thousands)
Residential $ 248,383 $ 284,278 $ 956,256 $ 1,002,034
Commercial 149,639 151,578 625,941 628,831
Industrial 170,892 163,244 729,236 732,276
Government and municipal 19,438 20,059 74,771 79,616
Power Agency contract requirements 9,119 25,452 80,461 102,585
NCEMC 54,220 70,137 218,736 285,601
Other wholesale 25,321 21,905 90,879 83,912
Other utilities 25,579 33,697 96,959 98,303
Miscellaneous revenue 13,493 13,235 54,975 48,741
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Total Operating Revenues $ 716,084 $ 783,585 $ 2,928,214 $ 3,061,899
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Energy Sales (millions of kWh)
Residential 3,268 3,808 12,070 12,619
Commercial 2,287 2,322 9,580 9,506
Industrial 3,515 3,334 14,637 14,378
Government and municipal 325 336 1,253 1,323
Power Agency contract requirements 379 770 2,132 2,632
NCEMC 946 1,091 3,803 5,161
Other wholesale 568 480 2,101 1,935
Other utilities 1,160 1,572 4,487 4,231
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Total Energy Sales 12,448 13,713 50,063 51,785
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Energy Supply (millions of kWh)
Generated - coal 5,410 7,143 23,126 26,097
nuclear 5,873 4,679 21,478 18,780
hydro 318 312 888 838
combustion turbines 2 14 56 72
Purchased 1,214 1,896 6,611 7,819
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Total Energy Supply
(Company Share) 12,817 14,044 52,159 53,606
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Detail of Income Taxes (in thousands)
Included in Operating Expenses
Income tax expense (credit)- current $ 88,707 $ 66,104 $ 184,553 $ 174,216
Income tax expense (credit)- deferred (25,120) 13,602 79,537 110,090
Income tax expense (credit)- investment
tax credit adjustments (2,558) (2,611) (10,392) (9,403)
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Subtotal 61,029 77,095 253,698 274,903
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Harris Plant deferred costs -
investment tax credit adjustments (60) (74) (272) (297)
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Total Included in Operating Expenses 60,969 77,021 253,426 274,606
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Included in Other Income
Income tax expense (credit) - current (2,387) (5,437) (23,357) (25,460)
Income tax expense (credit)- deferred (699) 1,024 10,837 5,796
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Total Included in Other Income (3,086) (4,413) (12,520) (19,664)
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Total Income Tax Expense $ 57,883 $ 72,608 $ 240,906 $ 254,942
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FINANCIAL STATISTICS
Ratio of earnings to fixed charges 3.95 3.84
Return on average common stock equity 12.91 % 14.58 %
Book value per common share $ 18.91 $ 18.36
Capitalization ratios
Common stock equity 50.44 % 49.47 %
Preferred stock - redemption not required 2.67 2.70
Long-term debt, net 46.89 47.83
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Total 100.00 % 100.00 %
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See Notes to Consolidated Interim Financial Statements.