<ARTICLE> UT <MULTIPLIER> 1,000,000 <CIK> 0000037637 <NAME> FLORIDA POWER CORPORATION <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <PERIOD-TYPE> YEAR <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,517 <OTHER-PROPERTY-AND-INVEST> 221 <TOTAL-CURRENT-ASSETS> 442 <TOTAL-DEFERRED-CHARGES> 0 <OTHER-ASSETS> 84 <TOTAL-ASSETS> 4,264 <COMMON> 1,004 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 821 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,825 <PREFERRED-MANDATORY> 0 <PREFERRED> 34 <LONG-TERM-DEBT-NET> 1,296 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 4 <LONG-TERM-DEBT-CURRENT-PORT> 21 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,084 <TOT-CAPITALIZATION-AND-LIAB> 4,264 <GROSS-OPERATING-REVENUE> 2,394 <INCOME-TAX-EXPENSE> 136 <OTHER-OPERATING-EXPENSES> 1,925 <TOTAL-OPERATING-EXPENSES> 2,061 <OPERATING-INCOME-LOSS> 333 <OTHER-INCOME-NET> 1 <INCOME-BEFORE-INTEREST-EXPEN> 334 <TOTAL-INTEREST-EXPENSE> 95 <NET-INCOME> 239 <PREFERRED-STOCK-DIVIDENDS> 6 <EARNINGS-AVAILABLE-FOR-COMM> 233 <COMMON-STOCK-DIVIDENDS> 171 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 498 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00