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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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 19, 1999
TEXAS UTILITIES ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)
TEXAS 1-11668 75-1837355
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
ENERGY PLAZA, 1601 BRYAN STREET, DALLAS, TEXAS 75201-3411
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE -
(214) 812-4600
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ITEM 5. OTHER INFORMATION
Texas Utilities Electric Company's results of operations for the
years ended December 31, 1998 and 1997 are as follows:
Year Ended December 31,
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1998 1997
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(In Millions)
Operating Revenues $6,488 $6,135
Net Income(a) 798 772
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(a) The year ended December 31, 1997, was affected by the
recognition of a fuel disallowance in August 1997 and a
charge related to the sale of sulphoric dioxide allowances,
which reduced income (on an after-tax basis) by $55 million.
The year ended December 31, 1998, was affected by the
implementation of a rate reduction agreement approved by the
Public Utilities Commission of Texas effective as of January
1, 1998; increased nuclear depreciation and reclassified
depreciation expense from transmission and distribution to
nuclear production assets reduced 1998 income by $143
million.
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SIGNATURE
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.
TEXAS UTILITIES ELECTRIC COMPANY
By: /s/ Jerry W. Pinkerton
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Name: Jerry W. Pinkerton
Title: Controller and Principal
Accounting Officer
Date: March 17, 1999
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