<ARTICLE> UT <LEGEND> THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET, STATEMENTS OF INCOME AND CASH FLOW, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000077242 <NAME> PENNSYLVANIA GAS AND WATER COMPANY <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 569,071,000 <OTHER-PROPERTY-AND-INVEST> 6,273,000 <TOTAL-CURRENT-ASSETS> 71,184,000 <TOTAL-DEFERRED-CHARGES> 92,752,000 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 739,280,000 <COMMON> 54,567,000 <CAPITAL-SURPLUS-PAID-IN> 90,201,000 <RETAINED-EARNINGS> 71,264,000 <TOTAL-COMMON-STOCKHOLDERS-EQ> 216,032,000 <PREFERRED-MANDATORY> 1,760,000 <PREFERRED> 33,615,000 <LONG-TERM-DEBT-NET> 311,725,000 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 3,730,000 <PREFERRED-STOCK-CURRENT> 80,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 173,338,000 <TOT-CAPITALIZATION-AND-LIAB> 739,280,000 <GROSS-OPERATING-REVENUE> 234,723,000 <INCOME-TAX-EXPENSE> 12,499,000 <OTHER-OPERATING-EXPENSES> 179,892,000 <TOTAL-OPERATING-EXPENSES> 192,391,000 <OPERATING-INCOME-LOSS> 42,332,000 <OTHER-INCOME-NET> 16,000 <INCOME-BEFORE-INTEREST-EXPEN> 42,348,000 <TOTAL-INTEREST-EXPENSE> 22,542,000 <NET-INCOME> 19,806,000 <PREFERRED-STOCK-DIVIDENDS> 4,639,000 <EARNINGS-AVAILABLE-FOR-COMM> 15,167,000 <COMMON-STOCK-DIVIDENDS> 9,605,000 <TOTAL-INTEREST-ON-BONDS> 18,891,000 <CASH-FLOW-OPERATIONS> 44,094,000 <EPS-PRIMARY> 2.17 <EPS-DILUTED> 2.17