TECO ENERGY, Inc.  
SEGMENT INFORMATION (Unaudited)  

                         
                         
    Three Months Ended   Nine Months Ended   Twelve Months Ended      
    December 30,   September 30,   December 30,      
(in millions)   2001 2000         2001 2000      
                         
Revenues                        
                         
Tampa Electric   $ 319.1 $ 329.0         $ 1,412.7 $ 1,353.8      
Peoples Gas   65.9 84.5         352.9 314.5      
TECO Power Services   58.0 59.1         287.1 199.0      
TECO Transport   68.2 67.4         274.9 269.8      
TECO Coal   82.8 63.3         304.4 232.8      
Other diversified companies   117.9 46.7         267.2 153.4      

    711.9 650.0         2,899.2 2,523.3      
                         
Other/eliminations   (54.1) (56.0)         (250.6) (228.7)      

Consolidated revenues   $ 657.8 $ 594.0         $ 2,648.6 $ 2,294.6      

                         
Net Income (as previously reported)                        
                         
Net income before charges                        
Tampa Electric   $ 28.6 $ 25.6         $ 154.0 $ 144.5      
Peoples Gas   5.8 5.9         23.1 21.8      
TECO Power Services   2.1 12.3         26.9 36.9      
TECO Transport   6.0 6.3         27.5 28.7      
TECO Coal   18.4 13.2         59.0 37.5      
Other diversified companies   7.7 8.2         35.1 31.3      
Other/financing/eliminations   (3.8) (13.7)         (21.9) (49.8)      

                         
Net income before charges   64.8 57.8         303.7 250.9      
                         
Charges   - -         - -      

                         
Consolidating net income                        
from continuing operations   $ 64.8 $ 57.8         $ 303.7 $ 250.9      
                         
Discontinued operations   - -         -        
                         

Net income   $ 64.8 $ 57.8         $ 303.7 $ 250.9      

                         
Net Income (including internally                        
allocated finance costs) (1)                        
                         
Net income before charges                        
Tampa Electric   $ 28.6 $ 25.6         $ 154.0 $ 144.5      
Peoples Gas   5.8 5.9         23.1 21.8      
TECO Power Services   2.1 6.5         26.9 22.8      
TECO Transport   6.0 6.5         27.5 29.2      
TECO Coal   18.4 12.1         59.0 33.5      
Other diversified companies   7.7 7.3         35.1 28.1      
Other/financing/eliminations   (3.8) (6.1)         (21.9) (29.0)      

                         
Net income before charges   64.8 57.8         303.7 250.9      
                         
Charges   - -         - -      

                         
Net income from continuing operations   64.8 57.8         303.7 250.9      
                         
Discontinued operations   - -         - -      

                         

Net income   $ 64.8 $ 57.8         $ 303.7 $ 250.9      

Average common shares outstanding                        
during the period (thousands)   138,710 126,101         134,521 125,882      

                         
Notes:                        
1) Revenues for all periods have been restated to reflect the reclassification of earnings from equity investments from                        
Revenues to Other Income. There is no impact to net income as reported.                        
2) Beginning in 2001, segment net income is reported on a basis that includes internally allocated financing costs. Prior period                        
net income has been restated to reflect the estimated internally allocated financing costs that would have been attributable                        
to such prior periods. Internally allocated finance costs for 2001 and 2000 were at pretax rates of 7% and 6.75%,                        
respectively, based on the average investment in each subsidiary.                        
3) Net income for the 12-month period ended December 31, 2000 for Other diversified companies includes an $8.3 million                        
after tax cash gain from the TECO Propane Venture and Heritage Propane transaction partially offset by a $3.8 million                        
charge to adjust property values at TECO Properties.                        
4) Other/eliminations Net income for the 12-month period ended December 31, 2000 includes an after tax charge of                        
$5.2 million relating to the carrying value of the leveraged lease portfolio.