<ARTICLE> UT <CIK> 0000050172 <NAME> INDIANA MICHIGAN POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,515,776 <OTHER-PROPERTY-AND-INVEST> 645,043 <TOTAL-CURRENT-ASSETS> 283,516 <TOTAL-DEFERRED-CHARGES> 31,457 <OTHER-ASSETS> 421,692 <TOTAL-ASSETS> 3,897,484 <COMMON> 56,584 <CAPITAL-SURPLUS-PAID-IN> 731,272 <RETAINED-EARNINGS> 269,071 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,056,927 <PREFERRED-MANDATORY> 135,000 <PREFERRED> 21,977 <LONG-TERM-DEBT-NET> 1,042,104 <SHORT-TERM-NOTES> 3,900 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 39,600 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 101,225 <LEASES-CURRENT> 29,740 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,467,011 <TOT-CAPITALIZATION-AND-LIAB> 3,897,484 <GROSS-OPERATING-REVENUE> 1,328,493 <INCOME-TAX-EXPENSE> 86,799 <OTHER-OPERATING-EXPENSES> 1,021,277 <TOTAL-OPERATING-EXPENSES> 1,108,076 <OPERATING-INCOME-LOSS> 220,417 <OTHER-INCOME-NET> 2,729 <INCOME-BEFORE-INTEREST-EXPEN> 223,146 <TOTAL-INTEREST-EXPENSE> 65,993 <NET-INCOME> 157,153 <PREFERRED-STOCK-DIVIDENDS> 10,681 <EARNINGS-AVAILABLE-FOR-COMM> 146,472 <COMMON-STOCK-DIVIDENDS> 112,508 <TOTAL-INTEREST-ON-BONDS> 41,209 <CASH-FLOW-OPERATIONS> 294,341 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F1> <FN> <F1> All common stock owned by parent company; no EPS required. </FN>