<ARTICLE> UT <CIK> 0000018734 <NAME> CENTRAL POWER AND LIGHT COMPANY <SUBSIDIARY> <NUMBER> 003 <NAME> CENTRAL POWER AND LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,247,969 <OTHER-PROPERTY-AND-INVEST> 2,552 <TOTAL-CURRENT-ASSETS> 241,206 <TOTAL-DEFERRED-CHARGES> 50,551 <OTHER-ASSETS> 1,305,572 <TOTAL-ASSETS> 4,847,850 <COMMON> 168,888 <CAPITAL-SURPLUS-PAID-IN> 405,000 <RETAINED-EARNINGS> 764,225 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,338,113 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,967 <LONG-TERM-DEBT-NET> 1,454,541 <SHORT-TERM-NOTES> 322,158 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 150,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,577,071 <TOT-CAPITALIZATION-AND-LIAB> 4,847,850 <GROSS-OPERATING-REVENUE> 1,482,475 <INCOME-TAX-EXPENSE> 103,895 <OTHER-OPERATING-EXPENSES> 1,083,908 <TOTAL-OPERATING-EXPENSES> 1,187,803 <OPERATING-INCOME-LOSS> 294,672 <OTHER-INCOME-NET> 8,113 <INCOME-BEFORE-INTEREST-EXPEN> 302,785 <TOTAL-INTEREST-EXPENSE> 114,380 <NET-INCOME> 182,888 <PREFERRED-STOCK-DIVIDENDS> 6,931 <EARNINGS-AVAILABLE-FOR-COMM> 173,194 <COMMON-STOCK-DIVIDENDS> 148,000 <TOTAL-INTEREST-ON-BONDS> 87,413 <CASH-FLOW-OPERATIONS> 303,184 <EPS-BASIC> 0 <EPS-DILUTED> 0