<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the March 31, 2000 Financial Statements included in IES Utilities Inc.'s Form 10-Q and is qualified in its entirety by reference to such Financial Statements. </LEGEND> <CIK> 0000052485 <NAME> IES UTILITIES INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,369,073 <OTHER-PROPERTY-AND-INVEST> 120,148 <TOTAL-CURRENT-ASSETS> 89,328 <TOTAL-DEFERRED-CHARGES> 12,288 <OTHER-ASSETS> 117,269 <TOTAL-ASSETS> 1,708,106 <COMMON> 33,427 <CAPITAL-SURPLUS-PAID-IN> 279,042 <RETAINED-EARNINGS> 254,177 <TOTAL-COMMON-STOCKHOLDERS-EQ> 566,646 <PREFERRED-MANDATORY> 0 <PREFERRED> 18,320 <LONG-TERM-DEBT-NET> 551,142 <SHORT-TERM-NOTES> 72,770 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 196 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 22,878 <LEASES-CURRENT> 13,272 <OTHER-ITEMS-CAPITAL-AND-LIAB> 462,882 <TOT-CAPITALIZATION-AND-LIAB> 1,708,106 <GROSS-OPERATING-REVENUE> 212,124 <INCOME-TAX-EXPENSE> 11,616 <OTHER-OPERATING-EXPENSES> 176,626 <TOTAL-OPERATING-EXPENSES> 176,626 <OPERATING-INCOME-LOSS> 35,498 <OTHER-INCOME-NET> 5,240 <INCOME-BEFORE-INTEREST-EXPEN> 40,738 <TOTAL-INTEREST-EXPENSE> 13,011 <NET-INCOME> 16,111 <PREFERRED-STOCK-DIVIDENDS> 229 <EARNINGS-AVAILABLE-FOR-COMM> 15,882 <COMMON-STOCK-DIVIDENDS> 14,658 <TOTAL-INTEREST-ON-BONDS> 38,852 <CASH-FLOW-OPERATIONS> 76,842 <EPS-BASIC> 0 <F2> <EPS-DILUTED> 0 <F2> <FN> <F1> Income tax expense is not included in Operating Expense in the Consolidated Statements of Income. <F2>Earnings per share of common stock is not reflected because all common shares are held by Alliant Energy Corporation. </FN>