Financial and Operating Statistics

For the Years Ended December 31,

2000

1999

1998

1997

1996

1995

1990

FPL GROUP, INC. (millions)

Operating Revenues

$7,082

$6,438

$6,661

$6,369

$6,037

$5,592

$5,075

Operating Expenses

$5,842

$5,518

$5,409

$5,141

$4,866

$4,395

$4,326

Operating Income

$1,240

$920

$1,252

$1,228

$1,171

$1,197

$749

Income from Continuing Operations

$704

$697

$664

$618

$579

$553

$298¹

Net Income (Loss)

$704²

$697³

$664

$618

$579

$553

$(391)⁴

Total Assets

$15,300

$13,441

$12,029

$12,449

$12,219

$12,459

$10,802

Long-Term Debt excluding current
maturities)

$3,976

$3,478

$2,347

$2,949

$3,144

$3,377

$3,853

Preferred Stock of FPL with sinking fund requirements (excluding current
maturities)

$---

$---

$---

$---

$42

$50

$166

Energy Sales (kwh)

100,777

92,446

91,041

84,642

80,889

79,756

66,763

FLORIDA POWER & LIGHT COMPANY

Operating Revenues (millions)

$6,361

$6,057

$6,366

$6,132

$5,986

$5,530

$4,988

Energy Sales (millions of kwh)

91,969

88,067

89,362

82,734

80,889

79,756

66,763

Customer Accounts Average (thousands)

3,848

3,756

3,680

3,616

3,551

3,489

3,159

Peak Load, Winter (mw 60-minute) (5)

18,219

17,057

16,802

13,047

16,490

18,096

11,868

Peak Load, Summer mw 60-minute)(6)

17,808

17,615

17,897

16,613

16,064

15,813

13,754

Total Capacity (summer peak, mw) (6)

19,069

18,649

18,509

18,715

18,538

18,153

16,074

Reserve Margins summer peak, %) (3)

13

14

10

20

23

21

19

Net Energy for Load (%)

Oil

25

25

27

18

18

19

23

Natural Gas

25

25

26

29

29

31

17

Nuclear

26

27

26

25

26

25

24

Net Purchased Power and Interchange

17

16

14

20

20

18

33

Coal

7

7

7

8

7

7

3

Capital Expenditures

$1,299

$924

$617

$551

$474

$669

$1,038

COMMON STOCK DATA

Average Shares Outstanding (millions)

170

171

173

173

174

175

137

Earnings Per Share of Common Stock(7)

Continuing Operations

$4.14

$4.07

$3.85

$3.57

$3.33

$3.16

$2.18¹

Net Income (Loss)

$4.14²

$4.07³

$3.85

$3.57

$3.33

$3.16

$(2.86)⁴

Dividends Paid Per Share

$2.16

$2.08

$2.00

$1.92

$1.84

$1.76

$2.34

Book Value per share (year end)

$33.22

$31.47

$29.76

$28.03

$26.46

$25.12

$19.63

Market Price per Share (year end)

$71^3/4

$42^13/16

$61^5/8

$59^3/16

$46

$46^3/8

$29

Market Price per Share (high/low)

$73-
36^3/4

$61^15/16-
41^1/8

$72^9/16-
56^1/16

$60-
42^5/8

$48^1/8-
41^1/2

$46^1/2-
34

$36^1/2-
26^1/8

Number of Shareholders (year end)

45,066

50,215

55,149

60,493

67,580

74,169

69,554

1) Includes charges for write-down of businesses to be discontinued. Excluding these charges, income and earnings per share from continuing operations would have been $361 million and $2.64, respectively.
2) Includes merger-related expenses. Excluding these expenses, net income and earnings per share would have been $745 million and $4.38, respectively.
3) Includes effects of a gain on sale of Adelphia Communications Corporation stock, impairment loss on Maine assets, settlement of litigation between FPL and FMPA and a gain on the redemption of a one-third ownership interest in a cable limited partnership.. Excluding these items, net income and earnings per share would have been $681 million and $3.98, respectively.
4) Includes charges for disposition and write-down of a subsidiary accounted for as discontinued operations.
5) Winter season includes November and December of the current year and January to March of the following year.
6) Represents installed capability plus purchased power. Reserve margin is based on peak load net of load management.
7) Basic and assuming dilution.