<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the consolidated statement of income, consolidated balance sheet, and consolidated statement of cash flows for the form 10-Q dated June 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000922224 <NAME> PP&L RESOURCES, INC. <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,272 <OTHER-PROPERTY-AND-INVEST> 957 <TOTAL-CURRENT-ASSETS> 772 <TOTAL-DEFERRED-CHARGES> 3,198 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 9,199 <COMMON> 2 <CAPITAL-SURPLUS-PAID-IN> 1,674 <RETAINED-EARNINGS> 231 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,907 <PREFERRED-MANDATORY> 47 <PREFERRED> 50 <LONG-TERM-DEBT-NET> 2,980 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 397 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 103 <LEASES-CURRENT> 58 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,657 <TOT-CAPITALIZATION-AND-LIAB> 9,199 <GROSS-OPERATING-REVENUE> 838 <INCOME-TAX-EXPENSE> 38 <OTHER-OPERATING-EXPENSES> 690 <TOTAL-OPERATING-EXPENSES> 728 <OPERATING-INCOME-LOSS> 110 <OTHER-INCOME-NET> 4 <INCOME-BEFORE-INTEREST-EXPEN> 114 <TOTAL-INTEREST-EXPENSE> 54 <NET-INCOME> (888)<F1> <PREFERRED-STOCK-DIVIDENDS> 6 <EARNINGS-AVAILABLE-FOR-COMM> (894) <COMMON-STOCK-DIVIDENDS> 140 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 281 <EPS-PRIMARY> (5.34) <EPS-DILUTED> (5.34) <FN> <F1>Net income includes an extraordinary item of ($948) million ($1,614 million net of $666 million of income taxes) reflecting the effects of Pennsylvania Public Utility Commission Restructuring Order and the deregulation of PP&L's electric generation operations. </FN>