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| Investor Information |
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| Financial Highlights |
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While the forward looking statements about PSEG's expectations made throughout this report are based on information currently available and on reasonable assumptions, actual results could be materially different.
Historical results are not necessarily indicative of future earnings.
For more information, please refer to PSEG reports that are filed periodically with the Securities and Exchange Commission.
|
2001 FINANCIAL HIGHLIGHTS |
| DOLLARS IN MILLIONS, WHERE APPLICABLE |
2001 |
|
2000 |
|
% CHANGE |
 |
| Total Operating Revenues |
$ |
9,815 |
|
$ |
9,495 |
|
3 |
| Total Operating Expenses |
$ |
7,923 |
|
$ |
7,606 |
|
4 |
Income Before Extraordinary Item and Change
in Accounting Principle |
$ |
763 |
|
$ |
764 |
|
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| Extraordinary Item (Net of Tax) |
$ |
(2 |
) |
$ |
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Cumulative Effect of a Change in Accounting
Principle (Net of Tax) |
$ |
9 |
|
$ |
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| Net Income |
$ |
770 |
|
$ |
764 |
|
1 |
|
| Common Stock |
| Shares Outstanding Average (Thousands) |
|
208,226 |
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|
215,121 |
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(3 |
) |
| Earnings (Loss) Per Share (Basic and Diluted): |
Operating Earnings Before Extraordinary Item and
Change in Accounting Principle |
$ |
3.67 |
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$ |
3.55 |
|
3 |
| Extraordinary Item (Net of Tax) |
(0.01 |
) |
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Cumulative Effect of a Change in Accounting
Principle (Net of Tax) |
0.04 |
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| Net Income |
$ |
3.70 |
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$ |
3.55 |
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4 |
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| Dividends Paid per Share |
$ |
2.16 |
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$ |
2.16 |
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| Book Value per Share Year-end |
$ |
20.10 |
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$ |
19.21 |
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5 |
| Market Price per Share Year-end |
$ |
42.19 |
|
$ |
48.63 |
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(13 |
) |
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| Ratio of Earnings to Fixed Charges PSEGA |
2.30 |
|
2.73 |
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| Gross Additions to Property, Plant and Equipment |
$ |
2,053 |
|
$ |
959 |
|
114 |
| Total Assets |
$ |
25,397 |
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$ |
21,526 |
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18 |
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AIncludes Preferred Securities Dividend Requirements and
excludes Extraordinary Item and Cumulative Effect of a Change in Accounting Principle.
The detailed consolidated financial statements and related discussion appear in Appendix
A of the Proxy Statement. |
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