<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from AP&L'S financial statements for the quarter ended June 30, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000007323 <NAME> ARKANSAS POWER & LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,878,127 <OTHER-PROPERTY-AND-INVEST> 168,671 <TOTAL-CURRENT-ASSETS> 544,412 <TOTAL-DEFERRED-CHARGES> 691,688 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 4,282,898 <COMMON> 470 <CAPITAL-SURPLUS-PAID-IN> 590,844 <RETAINED-EARNINGS> 502,299 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,093,613 <PREFERRED-MANDATORY> 51,527 <PREFERRED> 176,350 <LONG-TERM-DEBT-NET> 1,278,691 <SHORT-TERM-NOTES> 667 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 28,175 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 105,426 <LEASES-CURRENT> 56,909 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,491,540 <TOT-CAPITALIZATION-AND-LIAB> 4,282,898 <GROSS-OPERATING-REVENUE> 751,760 <INCOME-TAX-EXPENSE> 21,344 <OTHER-OPERATING-EXPENSES> 632,019 <TOTAL-OPERATING-EXPENSES> 653,363 <OPERATING-INCOME-LOSS> 98,397 <OTHER-INCOME-NET> 17,620 <INCOME-BEFORE-INTEREST-EXPEN> 116,017 <TOTAL-INTEREST-EXPENSE> 56,111 <NET-INCOME> 59,906 <PREFERRED-STOCK-DIVIDENDS> 9,106 <EARNINGS-AVAILABLE-FOR-COMM> 50,800 <COMMON-STOCK-DIVIDENDS> 40,300 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 141,280 <EPS-PRIMARY> 0 <EPS-DILUTED> 0