Performance & Highlights

Year ended December 31
In millions of dollars, except per share amounts
2009 2010 2011
Revenues 8,281$ 8,785$ 8,450$
 Operating Income 1,124 1,249 1,298
 Income Before Extraordinary Item 372 442 770
 Extraordinary Item, Net of Tax - - 587
 Net Income 372 442 1,357
Per Share of Common Stock      
 Income Before Extraordinary Item, Basic 1.02 1.08 1.81
 Income Before Extraordinary Item, Diluted 1.01 1.07 1.80
 Net Income, Basic
1.02 1.08 3.19
 Net Income, Diluted
1.01 1.07 3.17
 Book Value – Year End
6.74 7.53 9.91
 Market Value – Year End
14.51 15.72 20.09
 Common Dividend Declared 0.76 0.78 0.79
Capitalization      
 Transition and System Restoration Bonds
 (includes current portion)
3,046 2,805 2,522
 Other Long-Term Debt
 (includes current portion)
6,976 6,624 6,603
 Common Stock Equity 2,639 3,198 4,222
 Total Capitalization
 (includes current portion)
12,661 12,627 13,347
 Total Assets 19,773 20,111 21,703
 Capital Expenditures 1,148$ 1,462$ 1,191$
 Common Stock Outstanding
 (in thousands)
391,747 424,746 426,030
 Number of Common Shareholders
 (in actual numbers)
45,879 43,587 41,141
 Number of Employees
 (in actual numbers)
8,810 8,843 8,827