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Financial Highlights
1998
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For the Years Ended December 31, |
1998 |
1997 |
% change |
Financial Results |
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Operating Revenues |
$6,661 |
$6,369 |
4.6 |
Operating Income |
$1,252 |
$1,228 |
2.0 |
Net Income, excluding nonrecurring items |
$664 |
$618 |
7.4 |
Earnings Per Share, excluding nonrecurring items (basic and assuming dilution) |
$3.85 |
$3.57 |
7.8 |
Cash Flow from Operating Activities |
$1,743 |
$1,597 |
9.1 |
Total Assets |
$12,029 |
$12,449 |
(3.4) |
Common Stock Data |
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Average Shares Outstanding (millions) |
173 |
173.1 |
(0.3) |
Dividends Per Share |
$2.00 |
$1.92 |
4.2 |
Book Value Per Share |
$29.76 |
$28.03 |
6.2 |
Market Price Per Share (high/low) |
$72 8/16- |
$60 - $42 5/8 |
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Operating Data |
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Energy Sales (millions kwh) |
91,041 |
82,734 |
8.0 |
FPL Customer Accounts (average; thousands) |
3,680 |
3,616 |
1.8 |
Employee (year end) |
10,375 |
10,039 |
3.3 |
