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Exhibit A-1
GPU ADVANCED RESOURCES, INC.
Balance Sheet
September 30, 2000
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(Unaudited)
Assets
Current assets:
Cash and temporary cash investments $12,283,921
Accounts receivable:
Customers 4,073,646
Other 6,402
Deferred income taxes 33,614
Prepayments 722,118
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Total current assets 17,119,701
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Other property and investments 77,144
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Deferred debits and other assets 28,339
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Total Assets $17,225,184
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Liabilities & Stockholder's Equity
Current liabilities:
Accounts payable $ 2,812,101
Taxes accrued 1,598,856
Other 448,670
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Total current liabilities 4,859,627
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Deferred credits and other liabilities 129,869
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Stockholder's equity:
Common stock 100
Capital surplus 25,900,000
Retained earnings (13,664,412)
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Total stockholder's equity 12,235,688
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Total Liabilities & Stockholder's Equity $17,225,184
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<PAGE>
Exhibit A-1
GPU ADVANCED RESOURCES, INC.
Statements of Income
--------------------------
(Unaudited)
Three Months Nine Months
Ended Ended
Sept. 30,2000 Sept. 30,2000
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Operating Revenues $ 8,627,851 $48,502,090
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Operating Expenses:
Power purchased 13,433,476 49,666,778
Other operation and maintenance 802,187 2,734,445
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Total Operating Expenses 14,235,663 52,401,223
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Operating Income/(Loss) (5,607,812) (3,899,133)
Other Income and Expenses, Net 265,462 625,648
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Earnings/(Losses) Before
Income Taxes (5,342,350) (3,273,485)
Income tax expense/(benefit) (1,925,257) (1,077,825)
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Net Income/(Loss) $(3,417,093) $(2,195,660)
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