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AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 26864
FOR THE QUARTER ENDED SEPTEMBER 30, 1999
1) Aggregate Investment, for which there is recourse to AEP
Co., Inc., in Exempt Wholesale Generators (EWG) and Foreign
Utility Companies (FUCO)
EWG - None
FUCO - Total Investment $826,228,000
Components of statement of aggregate investment in FUCO is filed
under confidential treatment pursuant to Rule 104(b).
2) Aggregate Investment as a Percentage of the Following Items
(in millions) %
Total Capitalization $13,096* 6.3%
Net Utility Plant 11,725 7.0%
Total Assets 20,438 4.0%
Market Value of Common Equity 6,623 12.5%
*Includes Long-term Debt Due Within One Year and Short-term Debt.
3) Consolidated Capitalization Ratio
(in millions) %
Short-term Debt $ 710
Long-term Debt 7,197*
Total Debt 7,907 60.4%
Preferred Stock 169 1.3%
Common Stock 1,320
Paid-in Capital 1,931
Accumulated Other Comprehensive
Income:
Foreign Currency Translation
Adjustments 19
Retained Earnings 1,750
Total Common Equity 5,020 38.3%
Total Capitalization $13,096 100.0%
* Includes Long-term Debt Due Within One Year.
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AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 26864
FOR THE QUARTER ENDED SEPTEMBER 30, 1999
4) Market-to-book Ratio of AEP Common Stock
Closing Market Price per Share $34-1/8
Book Value per Share $25.86
Market-to-book Ratio of Common Stock 132.0%
5) Analysis of Growth in Retained Earnings
Statement of analysis of growth in retained earnings is filed
under confidential treatment pursuant Rule 104(b).
6) Statement of Revenues and Net Income for each EWG and FUCO
Statement of revenues and net income for the following FUCO's are
filed under confidential treatment pursuant to Rule 104(b):
Yorkshire Electricity Group plc
Nanyang General Light Electric Co., Ltd.
Pacific Hydro Ltd.
CitiPower Pty.
