<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the September 30, 1999 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,367,850 <OTHER-PROPERTY-AND-INVEST> 109,672 <TOTAL-CURRENT-ASSETS> 119,894 <TOTAL-DEFERRED-CHARGES> 15,722 <OTHER-ASSETS> 127,448 <TOTAL-ASSETS> 1,740,586 <COMMON> 33,427 <CAPITAL-SURPLUS-PAID-IN> 279,042 <RETAINED-EARNINGS> 258,373 <TOTAL-COMMON-STOCKHOLDERS-EQ> 570,842 <PREFERRED-MANDATORY> 0 <PREFERRED> 18,320 <LONG-TERM-DEBT-NET> 551,015 <SHORT-TERM-NOTES> 6,626 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 51,196 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 27,523 <LEASES-CURRENT> 12,396 <OTHER-ITEMS-CAPITAL-AND-LIAB> 502,668 <TOT-CAPITALIZATION-AND-LIAB> 1,740,586 <GROSS-OPERATING-REVENUE> 608,386 <INCOME-TAX-EXPENSE> 41,349 <F1> <OTHER-OPERATING-EXPENSES> 476,031 <TOTAL-OPERATING-EXPENSES> 476,031 <F1> <OPERATING-INCOME-LOSS> 132,355 <OTHER-INCOME-NET> 5,376 <INCOME-BEFORE-INTEREST-EXPEN> 137,731 <TOTAL-INTEREST-EXPENSE> 39,403 <NET-INCOME> 56,979 <PREFERRED-STOCK-DIVIDENDS> 686 <EARNINGS-AVAILABLE-FOR-COMM> 56,293 <COMMON-STOCK-DIVIDENDS> 73,292 <TOTAL-INTEREST-ON-BONDS> 42,701 <CASH-FLOW-OPERATIONS> 150,577 <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>