Carolina Power & Light Company
SUPPLEMENTAL DATA Three Months Ended Six Months Ended Twelve Months Ended
June 30 June 30 June 30
1997 1996 1997 1996 1997 1996
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Operating Revenues (in thousands)
Residential $ 191,479 $ 204,385 $ 439,862 $ 488,663 $ 943,351 $ 1,013,157
Commercial 150,331 150,338 299,971 301,916 625,934 629,455
Industrial 184,613 178,985 355,505 342,229 734,864 723,519
Government and municipal 17,463 18,966 36,900 39,025 73,267 79,859
Power Agency contract requirements 19,627 23,422 28,746 48,874 76,666 103,418
NCEMC 46,480 54,293 100,700 124,430 210,923 281,237
Other wholesale 18,938 19,990 44,259 41,895 89,828 83,776
Other utilities 23,265 22,412 48,844 56,109 97,812 100,587
Miscellaneous revenue 13,827 13,177 27,320 26,412 55,625 50,895
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Total Operating Revenues $ 666,023 $ 685,968 $ 1,382,107 $ 1,469,553 $ 2,908,270 $ 3,065,903
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Energy Sales (millions of kWh)
Residential 2,451 2,640 5,719 6,448 11,881 12,840
Commercial 2,342 2,335 4,629 4,657 9,587 9,594
Industrial 3,877 3,691 7,392 7,025 14,823 14,337
Government and municipal 284 319 610 655 1,219 1,343
Power Agency contract requirements 460 615 840 1,385 1,977 2,759
NCEMC 825 862 1,772 1,953 3,766 4,923
Other wholesale 480 503 1,047 983 2,078 1,963
Other utilities 1,026 1,080 2,185 2,652 4,433 4,410
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Total Energy Sales 11,745 12,045 24,194 25,758 49,764 52,169
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Energy Supply (millions of kWh)
Generated - coal 5,850 4,884 11,260 12,027 24,092 25,104
nuclear 4,743 5,805 10,615 10,484 20,416 20,541
hydro 253 211 571 523 931 894
combustion turbines 48 15 50 29 88 85
Purchased 1,367 1,828 2,582 3,724 6,152 7,613
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Total Energy Supply (Company Share) 12,261 12,743 25,078 26,787 51,679 54,237
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Detail of Income Taxes (in thousands)
Included in Operating Expenses
Income tax expense (credit) - current $ 41,115 $ 58,915 $ 129,823 $ 125,020 $ 166,753 $ 200,115
- deferred (16,721) 10,868 (41,841) 24,470 51,947 118,480
- investment tax credit adjustments (2,558) (2,611) (5,117) (5,223) (10,339) (9,461)
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Subtotal 21,836 67,172 82,865 144,267 208,361 309,134
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Harris Plant deferred costs-
investment tax credit adjustments (40) (74) (100) (149) (237) (297)
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Total Included in Operating Expenses 21,796 67,098 82,765 144,118 208,124 308,837
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Included in Other Income
Income tax expense (credit) - current (3,297) (6,189) (5,684) (11,626) (20,465) (26,852)
- deferred 1,258 1,771 559 2,795 10,324 5,977
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Total Included in Other Income (2,039) (4,418) (5,125) (8,831) (10,141) (20,875)
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Total Income Tax Expense $ 19,757 $ 62,680 $ 77,640 $ 135,287 $ 197,983 $ 287,962
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FINANCIAL STATISTICS
Ratio of earnings to fixed charges 3.74 4.07
Return on average common stock equity 12.72% 15.03%
Book value per common share $ 18.82 $ 18.33
Capitalization ratios
Common stock equity 51.14% 49.32%
Preferred stock - redemption not required 1.12 2.69
Long-term debt, net 47.74 47.99
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Total 100.00% 100.00%
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See Notes to Consolidated Interim Financial Statements.