<ARTICLE> UT <CIK> 0000031224 <NAME> EASTERN UTILITIES ASSOCIATES <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 721086 <OTHER-PROPERTY-AND-INVEST> 219714 <TOTAL-CURRENT-ASSETS> 135419 <TOTAL-DEFERRED-CHARGES> 124054 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1200273 <COMMON> 102184 <CAPITAL-SURPLUS-PAID-IN> 216817 <RETAINED-EARNINGS> 56228 <TOTAL-COMMON-STOCKHOLDERS-EQ> 375229 <PREFERRED-MANDATORY> 26218 <PREFERRED> 6937 <LONG-TERM-DEBT-NET> 434871 <SHORT-TERM-NOTES> 39540 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 19506 <PREFERRED-STOCK-CURRENT> 50 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 297922 <TOT-CAPITALIZATION-AND-LIAB> 1200273 <GROSS-OPERATING-REVENUE> 563363 <INCOME-TAX-EXPENSE> 17015 <OTHER-OPERATING-EXPENSES> 474620 <TOTAL-OPERATING-EXPENSES> 491635 <OPERATING-INCOME-LOSS> 71728 <OTHER-INCOME-NET> 4677 <INCOME-BEFORE-INTEREST-EXPEN> 76405 <TOTAL-INTEREST-EXPENSE> 41458 <NET-INCOME> 34947 <PREFERRED-STOCK-DIVIDENDS> 2321 <EARNINGS-AVAILABLE-FOR-COMM> 32626 <COMMON-STOCK-DIVIDENDS> 32050 <TOTAL-INTEREST-ON-BONDS> 38216 <CASH-FLOW-OPERATIONS> 112963 <EPS-PRIMARY> 1.61 <EPS-DILUTED> 0