AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 26864
FOR THE QUARTER ENDED DECEMBER 31, 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 $885,141,000
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 $13,505* 6.6%
Net Utility Plant 11,836 7.5%
Total Assets 21,488 4.1%
Market Value of Common Equity 6,236 14.2%
*Includes Long-term Debt Due Within One Year and Short-term Debt.
3) Consolidated Capitalization Ratio
(in millions) %
Short-term Debt $ 888
Long-term Debt 7,447*
Total Debt 8,335 61.7%
Preferred Stock 164 1.2%
Common Stock 1,320
Paid-in Capital 1,932
Accumulated Other Comprehensive
Income:
Foreign Currency Translation
Adjustments 14
Retained Earnings 1,740
Total Common Equity 5,006 37.1%
Total Capitalization $13,505 100.0%
* 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 DECEMBER 31, 1999
4) Market-to-book Ratio of AEP Common Stock
Closing Market Price per Share $32-1/8
Book Value per Share $25.79
Market-to-book Ratio of Common Stock 124.6%
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.
AEP Energy Services Limited
InterGen Denmark, Aps
