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Income Statement
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ED Income Statement

Click line-items for a historical chart and %
OPERATING REVENUES
Electric 2.79B
Gas 237M
Steam 46M
Non-utility 321M
TOTAL OPERATING REVENUES 3.39B
OPERATING EXPENSES
Purchased power 875M
Fuel 41M
Gas purchased for resale 76M
Other operations and maintenance 857M
Depreciation and amortization 270M
Taxes, other than income taxes 452M
TOTAL OPERATING EXPENSES 2.57B
OPERATING INCOME 819M
OTHER INCOME (DEDUCTIONS)
Investment and other income 28M
Allowance for equity funds used during construction 1M
Other deductions -3M
TOTAL OTHER INCOME (DEDUCTIONS) 26M
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 845M
INTEREST EXPENSE
Interest on long-term debt 145M
Other interest 5M
Allowance for borrowed funds used during construction 0
NET INTEREST EXPENSE 150M
INCOME BEFORE INCOME TAX EXPENSE 695M
INCOME TAX EXPENSE 259M
NET INCOME
Preferred stock dividend requirements of subsidiary
Cumulative preferred dividends
NET INCOME FOR COMMON STOCK 436M
Net income for common stock per common share-basic 1.49
Net income for common stock per common share-diluted 1.48
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK 0.63
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (IN MILLIONS) 292.9M
AVERAGE NUMBER OF SHARES OUTSTANDING-DILUTED (IN MILLIONS) 294M
CECONY [Member]
OPERATING REVENUES
Electric 2.58B
Gas 210M
Steam 46M
TOTAL OPERATING REVENUES 2.84B
OPERATING EXPENSES
Purchased power 573M
Fuel 42M
Gas purchased for resale 36M
Other operations and maintenance 748M
Depreciation and amortization 250M
Taxes, other than income taxes 433M
TOTAL OPERATING EXPENSES 2.08B
OPERATING INCOME 756M
OTHER INCOME (DEDUCTIONS)
Investment and other income 12M
Allowance for equity funds used during construction 1M
Other deductions -3M
TOTAL OTHER INCOME (DEDUCTIONS) 10M
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 766M
INTEREST EXPENSE
Interest on long-term debt 130M
Other interest 4M
Allowance for borrowed funds used during construction 0
NET INTEREST EXPENSE 134M
INCOME BEFORE INCOME TAX EXPENSE 632M
INCOME TAX EXPENSE 233M
NET INCOME
Cumulative preferred dividends
NET INCOME FOR COMMON STOCK 399M