WELPM Financials 07/16/2014 20:08:18 Wisconsin El

WELPM Financials 07/16/2014 20:08:18
Wisconsin Electric Power Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 3,800,200 3,613,300 3,727,600 3,456,700
Cost of Revenue 2,853,700 2,659,300 2,928,300 2,853,200
Gross Profit 946,500 954,000 799,300 603,500
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 62,000 113,100 105,400 (101,900)
Non-Recurring Items - - - -
Other 278,600 257,600 220,300 216,200
Operating Income 605,900 583,300 473,600 489,200
Income From Continuing Operations
Add'l Income/Expense Items 17,400 32,300 62,100 39,800
Earnings Before Interest and Tax 683,500 673,200 590,600 581,700
Interest Expense 121,400 113,200 94,200 101,500
Earnings Before Tax 562,100 560,000 496,400 480,200
Income Tax 200,900 192,700 156,800 164,800
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 60,200 57,600 54,900 52,700
Net Income Cont. Operations 421,400 424,900 394,500 368,100
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 361,200 367,300 339,600 315,400
Preferred Stock and Other Adjustments (1,200) (1,200) (1,200) (1,200)
Net Income Applicable to Common Shareholders 360,000 366,100 338,400 314,200