<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) - February 27, 1995
Commission File No. 1-3548
MINNESOTA POWER & LIGHT COMPANY
A Minnesota Corporation
IRS Employer Identification No. 41-0418150
30 West Superior Street
Duluth, Minnesota 55802
Telephone - (218) 722-2641
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Item 7. Financial Statements and Exhibits
Exhibits
27 - Financial Data Schedule
Minnesota Power & Light Company's financial data schedule for the
period ending December 31, 1994, has been amended as follows:
[SHORT-TERM-NOTES] 54,098
[LONG-TERM-NOTES-PAYABLE] 0
[OTHER-ITEMS-CAPITAL-AND-LIAB] 447,198
- 1 -
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Minnesota Power & Light Company
--------------------------------------
(Registrant)
May 25, 1995 D.G. Gartzke
--------------------------------------
D.G. Gartzke
Senior Vice President - Finance
and Chief Financial Officer
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<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MINNESOTA
POWER'S CONSOLIDATED BALANCE SHEET, STATEMENT OF INCOME, AND STATEMENT OF
CASH FLOW FOR THE PERIOD ENDED DECEMBER 31, 1994, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,080,382
<OTHER-PROPERTY-AND-INVEST> 362,006
<TOTAL-CURRENT-ASSETS> 266,138
<TOTAL-DEFERRED-CHARGES> 99,272
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,807,798
<COMMON> 371,178
<CAPITAL-SURPLUS-PAID-IN> 0
<RETAINED-EARNINGS> 272,646
<TOTAL-COMMON-STOCKHOLDERS-EQ> 561,687
0
48,547
<LONG-TERM-DEBT-NET> 601,317
<SHORT-TERM-NOTES> 54,098
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 12,814
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 447,198
<TOT-CAPITALIZATION-AND-LIAB> 1,807,798
<GROSS-OPERATING-REVENUE> 637,782
<INCOME-TAX-EXPENSE> 21,466
<OTHER-OPERATING-EXPENSES> 508,213
<TOTAL-OPERATING-EXPENSES> 560,283
<OPERATING-INCOME-LOSS> 82,799
<OTHER-INCOME-NET> 5,300
<INCOME-BEFORE-INTEREST-EXPEN> 113,403
<TOTAL-INTEREST-EXPENSE> 52,070
<NET-INCOME> 61,333
3,200
<EARNINGS-AVAILABLE-FOR-COMM> 58,133
<COMMON-STOCK-DIVIDENDS> 56,664
<TOTAL-INTEREST-ON-BONDS> 44,452
<CASH-FLOW-OPERATIONS> 116,465
<EPS-PRIMARY> 2.06
<EPS-DILUTED> 2.06
</TABLE>
