Duke Energy CORP - FORM 8-K - EX-99.1 - 2ND QUARTER 2014 STATISTICAL SUPPLEMENT

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2nd Quarter 2014 Statistical Supplement



Table of Contents

DUKE ENERGY CORPORATION		INTERNATIONAL ENERGY
3	Consolidating Statement of Operations	24	Operating Statistics
5	Consolidating Balance Sheet

REGULATED UTILITIES		COMMERCIAL POWER
7	Consolidating Segment Income	25	Operating Statistics
9	Consolidating Balance Sheet
11	Operating Statistics (Regulated Utilities)	DUKE ENERGY OHIO SUPPLEMENT
13	Operating Statistics (Duke Energy Carolinas)	26	Consolidating Statement of Operations
15	Operating Statistics (Duke Energy Progress)
17	Operating Statistics (Duke Energy Florida)
19	Operating Statistics (Duke Energy Ohio - Electric)
21	Operating Statistics (Duke Energy Ohio - Natural Gas
22	Operating Statistics (Duke Energy Indiana)

DUKE ENERGY CORPORATION

Consolidating Statement of Operations

(Unaudited)



	Six Months Ended June 30, 2014
(in millions)	Regulated Utilities		International Energy		Commercial Power			Other			Eliminations / Adjustments			Duke Energy
Operating Revenues
Regulated electric ^(a)	$	10,758	$	—	$	57		$	(1	)	$	(69	)	$	10,745
Nonregulated electric, natural gas and other	—		746		701			54			(2		)	1,499
Regulated natural gas	330		—		—			—			(1		)	329
Total operating revenues	11,088		746		758			53			(72		)	12,573
Operating Expenses
Fuel used in electric generation and purchased power - regulated	3,808		—		—			—			—			3,808
Fuel used in electric generation and purchased power - nonregulated	—		222		614			23			(14		)	845
Cost of natural gas and other	121		33		11			—			—			165
Operation, maintenance and other	2,506		175		232			119			(59		)	2,973
Depreciation and amortization	1,365		50		81			55			—			1,551
Property and other taxes	645		5		24			2			—			676
Impairment charges ^(b)	1		—		1,402			(15		)	—			1,388
Total operating expenses	8,446		485		2,364			184			(73		)	11,406
Gains on Sales of Other Assets and Other, Net	1		5		1			—			—			7
Operating Income (Loss)	2,643		266		(1,605		)	(131		)	1			1,174
Other Income and Expenses	131		109		10			22			(19		)	253
Interest Expense	545		46		38			208			(18		)	819
Income (Loss) from Continuing Operations Before Income Taxes	2,229		329		(1,633		)	(317		)	—			608
Income Tax Expense (Benefit)	803		46		(634		)	(133		)	—			82
Income (Loss) from Continuing Operations	1,426		283		(999		)	(184		)	—			526
Less: Net Income Attributable to Noncontrolling Interest	—		7		—			1			—			8
Segment Income (Loss) / Net Expense	$	1,426	$	276	$	(999	)	$	(185	)	$	—		$	518
Income from Discontinued Operations, Net of Tax														(6		)
Net Income Attributable to Duke Energy Corporation														$	512


(a)	The amount for Commercial Power is primarily due to stability charge revenues included in Duke Energy Ohio's current Electric Stability Plan (ESP).


(b)	The amount for Commercial Power relates to the planned disposition of the nonregulated Midwest generation business.

DUKE ENERGY CORPORATION

Consolidating Statement of Operations

(Unaudited)



	Six Months Ended June 30, 2013
(in millions)	Regulated Utilities		International Energy		Commercial Power			Other			Eliminations / Adjustments			Duke Energy
Operating Revenues
Regulated electric ^(a)	$	9,700	$	—	$	57		$	28		$	(62	)	$	9,723
Nonregulated electric, natural gas and other	—		798		952			43			(18		)	1,775
Regulated natural gas	280		—		—			—			(1		)	279
Total operating revenues	9,980		798		1,009			71			(81		)	11,777
Operating Expenses
Fuel used in electric generation and purchased power - regulated	3,381		—		—			—			—			3,381
Fuel used in electric generation and purchased power - nonregulated	—		267		632			21			(19		)	901
Cost of natural gas and other	93		35		19			—			—			147
Operation, maintenance and other	2,422		175		239			151			(62		)	2,925
Depreciation and amortization	1,092		50		125			71			—			1,338
Property and other taxes	630		6		26			4			—			666
Impairment charges ^(b)	387		—		—			(1		)	—			386
Total operating expenses	8,005		533		1,041			246			(81		)	9,744
Gains (Losses) on Sales of Other Assets and Other, Net	6		—		1			(4		)	—			3
Operating Income (Loss)	1,981		265		(31		)	(179		)	—			2,036
Other Income and Expenses	109		47		11			19			—			186
Interest Expense	478		38		32			200			—			748
Income (Loss) from Continuing Operations Before Income Taxes	1,612		274		(52		)	(360		)	—			1,474
Income Tax Expense (Benefit)	603		84		(51		)	(141		)	—			495
Income (Loss) from Continuing Operations	1,009		190		(1		)	(219		)	—			979
Less: Net Income Attributable to Noncontrolling Interest	—		6		—			(3		)	—			3
Segment Income (Loss) / Net Expense	$	1,009	$	184	$	(1	)	$	(216	)	$	—		$	976
Income from Discontinued Operations, Net of Tax														(3		)
Net Income Attributable to Duke Energy Corporation														$	973


(a)	The amount for Commercial Power is primarily due to stability charge revenues included in Duke Energy Ohio's current ESP.

(b)

The amount for Regulated Utilities is primarily comprised of a $295 million charge related to the agreement to forego recovery of a portion of the Crystal River Unit 3 regulatory asset, a $65 million charge for the write-off of the wholesale portion of the Levy investments and a $22 million charge resulting from the decision to suspend application of two proposed nuclear units at the Harris nuclear station.

DUKE ENERGY CORPORATION

Consolidating Balance Sheet - Assets

(Unaudited)



	June 30, 2014
(in millions)	Regulated Utilities			International Energy			Commercial Power			Other			Eliminations / Adjustments			Duke Energy
Current Assets
Cash and cash equivalents	$	81		$	1,694		$	10		$	223		$	—		$	2,008
Receivables, net	516			223			—			138			—			877
Restricted receivables of variable interest entities, net	2,085			—			33			—			—			2,118
Receivables from affiliated companies	559			130			394			12,515			(13,598		)	—
Notes receivable from affiliated companies	435			—			95			924			(1,454		)	—
Inventory	2,950			85			5			16			—			3,056
Assets held for sale	—			—			409			—			—			409
Regulatory assets	1,252			—			—			97			—			1,349
Other	808			43			224			663			(40		)	1,698
Total current assets	8,686			2,175			1,170			14,576			(15,092		)	11,515
Investments and Other Assets
Investment in equity method unconsolidated affiliates	2			75			250			54			—			381
Investments and advance to (from) subsidiaries	(247		)	(19		)	(9		)	43,862			(43,587		)	—
Nuclear decommissioning trust funds	5,417			—			—			—			—			5,417
Goodwill	15,950			329			64			—			—			16,343
Assets held for sale	—			—			2,195			—			—			2,195
Other	1,965			1,198			145			1,115			(1,196		)	3,227
Total investments and other assets	23,087			1,583			2,645			45,031			(44,783		)	27,563
Property, Plant and Equipment
Cost	93,169			3,581			2,513			1,622			—			100,885
Accumulated depreciation and amortization	(31,786		)	(1,024		)	(296		)	(871		)	—			(33,977		)
Net property, plant and equipment	61,383			2,557			2,217			751			—			66,908
Regulatory Assets and Deferred Debits
Regulatory assets	8,588			—			71			350			—			9,009
Other	99			6			34			39			—			178
Total regulatory assets and deferred debits	8,687			6			105			389			—			9,187
Total Assets	101,843			6,321			6,137			60,747			(59,875		)	115,173
Segment reclassifications, intercompany balances and other	(773		)	(858		)	(485		)	(57,940		)	60,056			—
Reportable Segment Assets	$	101,070		$	5,463		$	5,652		$	2,807		$	181		$	115,173

DUKE ENERGY CORPORATION

Consolidating Balance Sheet - Liabilities and Equity

(Unaudited)



	June 30, 2014
(in millions)	Regulated Utilities		International Energy		Commercial Power			Other			Eliminations / Adjustments			Duke Energy
Current Liabilities
Accounts payable	$	1,466	$	55	$	21		$	240		$	—		$	1,782
Accounts payable to affiliated companies	12,639		2		62			878			(13,581		)	—
Notes payable to affiliated companies	139		—		805			513			(1,457		)	—
Notes payable and commercial paper	—		—		—			1,867			—			1,867
Taxes accrued	752		86		(99		)	(217		)	—			522
Interest accrued	296		42		2			113			—			453
Current maturities of long-term debt	647		204		80			956			—			1,887
Liabilities associated with assets held for sale	—		—		271			—			—			271
Regulatory liabilities	140		—		—			—			—			140
Other	1,293		96		82			368			(53		)	1,786
Total current liabilities	17,372		485		1,224			4,718			(15,091		)	8,708
Long-Term Debt	26,270		1,083		889			10,464			—			38,706
Notes Payable to Affiliated Companies	450		—		—			747			(1,197		)	—
Deferred Credits and Other Liabilities
Deferred income taxes	12,922		156		720			(1,784		)	—			12,014
Investment tax credits	435		—		—			—			—			435
Accrued pension and post-retirement benefit costs	890		1		30			342			—			1,263
Liabilities associated with assets held for sale	—		—		75			—			—			75
Asset retirement obligations	4,990		2		38			—			—			5,030
Regulatory liabilities	6,285		—		—			53			—			6,338
Other	1,155		77		135			356			—			1,723
Total deferred credits and other liabilities	26,677		236		998			(1,033		)	—			26,878
Equity
Total Duke Energy Corporation shareholders' equity	31,074		4,457		3,012			45,847			(43,587		)	40,803
Noncontrolling interests	—		60		14			4			—			78
Total equity	31,074		4,517		3,026			45,851			(43,587		)	40,881
Total Liabilities and Equity	101,843		6,321		6,137			60,747			(59,875		)	115,173

REGULATED UTILITIES

Consolidating Segment Income

(Unaudited)



	Six Months Ended June 30, 2014
(in millions)	Duke Energy Carolinas, LLC		Duke Energy Progress, Inc.		Duke Energy Florida, Inc.		Duke Energy Ohio, Inc.		Duke Energy Indiana, Inc.		Eliminations / Adjustments			Regulated Utilities
Operating Revenues
Regulated electric	$	3,755	$	2,615	$	2,341	$	647	$	1,593	$	(193	)	$	10,758
Regulated natural gas	—		—		—		330		—		—			330
Total operating revenues	3,755		2,615		2,341		977		1,593		(193		)	11,088
Operating Expenses
Fuel used in electric generation and purchased power - regulated	1,146		1,019		993		231		626		(207		)	3,808
Cost of natural gas	—		—		—		121		—		—			121
Operation, maintenance and other	891		699		396		202		314		4			2,506
Depreciation and amortization	490		286		271		111		205		2			1,365
Property and other taxes	204		121		167		109		44		—			645
Impairment charges	—		—		1		—		—		—			1
Total operating expenses	2,731		2,125		1,828		774		1,189		(201		)	8,446
Gains on Sales of Other Assets and Other, Net	—		1		—		1		—		(1		)	1
Operating Income	1,024		491		513		204		404		7			2,643
Other Income and Expenses ^(a)	93		16		11		5		11		(5		)	131
Interest Expense	203		115		99		41		87		—			545
Income from Continuing Operations Before Income Taxes	914		392		425		168		328		2			2,229
Income Tax Expense	310		145		164		52		121		11			803
Segment Income	$	604	$	247	$	261	$	116	$	207	$	(9	)	$	1,426


(a)	Contains equity component of allowance for funds used during construction of $44 million for Duke Energy Carolinas, $9 million for Duke Energy Progress, $2 million for Duke Energy Ohio, and $6 million for Duke Energy Indiana.

REGULATED UTILITIES

Consolidating Segment Income

(Unaudited)



	Six Months Ended June 30, 2013
(in millions)	Duke Energy Carolinas, LLC		Duke Energy Progress, Inc.		Duke Energy Florida, Inc.		Duke Energy Ohio, Inc.		Duke Energy Indiana, Inc.		Eliminations / Adjustments			Regulated Utilities
Operating Revenues
Regulated electric	$	3,307	$	2,338	$	2,110	$	616	$	1,424	$	(95	)	$	9,700
Regulated natural gas	—		—		—		280		—		—			280
Total operating revenues	3,307		2,338		2,110		896		1,424		(95		)	9,980
Operating Expenses
Fuel used in electric generation and purchased power - regulated	950		886		883		206		569		(113		)	3,381
Cost of natural gas	—		—		—		93		—		—			93
Operation, maintenance and other	863		655		389		226		300		(11		)	2,422
Depreciation and amortization	448		250		142		99		155		(2		)	1,092
Property and other taxes	192		113		164		122		38		1			630
Impairment charges ^(a)	—		22		345		—		—		20			387
Total operating expenses	2,453		1,926		1,923		746		1,062		(105		)	8,005
Gains on Sales of Other Assets and Other, Net	2		—		1		4		—		(1		)	6
Operating Income	856		412		188		154		362		9			1,981
Other Income and Expenses ^(b)	65		22		13		3		10		(4		)	109
Interest Expense	173		95		92		33		84		1			478
Income from Continuing Operations Before Income Taxes	748		339		109		124		288		4			1,612
Income Tax Expense	280		132		44		44		108		(5		)	603
Segment Income	$	468	$	207	$	65	$	80	$	180	$	9		$	1,009

(a)

Includes $387 million of impairment charges primarily comprised of a $295 million charge related to the agreement to forego recovery of a portion of the Crystal River Unit 3 regulatory asset, a $65 million charge to write-off the wholesale portion of the Levy investments and a $22 million charge resulting from the decision to suspend application of two proposed nuclear units at the Harris nuclear station.


(b)	Contains equity component of allowance for funds used during construction of $47 million for Duke Energy Carolinas, $23 million for Duke Energy Progress, $4 million for Duke Energy Florida, and $7 million for Duke Energy Indiana.

REGULATED UTILITIES

Consolidating Balance Sheet - Assets

(Unaudited)



	June 30, 2014
(in millions)	Duke Energy Carolinas, LLC			Duke Energy Progress, Inc.			Duke Energy Florida, Inc.			Duke Energy Ohio, Inc.			Duke Energy Indiana, Inc.			Eliminations / Adjustments ^(a)			Regulated Utilities
Current Assets
Cash and cash equivalents	$	23		$	7		$	13		$	25		$	12		$	1		$	81
Receivables, net	163			120			71			119			42			1			516
Restricted receivables of variable interest entities, net	705			471			403			—			—			506			2,085
Receivables from affiliated companies	90			446			35			539			108			(659		)	559
Notes receivable from affiliated companies	280			—			76			91			75			(87		)	435
Inventory	909			897			583			120			440			1			2,950
Regulatory assets	388			369			273			37			173			12			1,252
Other	224			255			42			48			220			19			808
Total current assets	2,782			2,565			1,496			979			1,070			(206		)	8,686
Investments and Other Assets
Investment in equity method unconsolidated affiliates	—			—			2			—			—			—			2
Investments and advance to (from) subsidiaries	82			(350		)	2			—			—			19			(247		)
Nuclear decommissioning trust funds	2,995			1,632			790			—			—			—			5,417
Goodwill	—			—			—			920			—			15,030			15,950
Other	997			461			253			30			213			11			1,965
Total investments and other assets	4,074			1,743			1,047			950			213			15,060			23,087
Property, Plant and Equipment
Cost	35,645			22,638			14,102			7,091			12,717			976			93,169
Accumulated depreciation and amortization	(12,304		)	(8,828		)	(4,380		)	(2,223		)	(4,049		)	(2		)	(31,786		)
Net property, plant and equipment	23,341			13,810			9,722			4,868			8,668			974			61,383
Regulatory Assets and Deferred Debits
Regulatory assets	1,509			1,386			2,609			419			669			1,996			8,588
Other	43			34			43			9			25			(55		)	99
Total regulatory assets and deferred debits	1,552			1,420			2,652			428			694			1,941			8,687
Total Assets	31,749			19,538			14,917			7,225			10,645			17,769			101,843
Segment reclassifications, intercompany balances and other	(185		)	(541		)	(120		)	(22		)	(49		)	144			(773		)
Reportable Segment Assets	$	31,564		$	18,997		$	14,797		$	7,203		$	10,596		$	17,913		$	101,070


(a)	In addition to the elimination of intercompany balances, amounts include purchase accounting adjustments and restricted receivables related to Cinergy Receivables Company.

REGULATED UTILITIES

Consolidating Balance Sheet - Liabilities and Equity

(Unaudited)



	June 30, 2014
(in millions)	Duke Energy Carolinas, LLC		Duke Energy Progress, Inc.		Duke Energy Florida, Inc.		Duke Energy Ohio, Inc.		Duke Energy Indiana, Inc.		Eliminations / Adjustments ^(a)			Duke Energy
Current Liabilities
Accounts payable	$	510	$	316	$	345	$	166	$	129	$	—		$	1,466
Accounts payable to affiliated companies	143		200		90		—		2		12,204			12,639
Notes payable to affiliated companies	—		201		—		25		—		(87		)	139
Taxes accrued	288		48		181		82		138		15			752
Interest accrued	100		78		42		17		59		—			296
Current maturities of long-term debt	47		306		12		197		5		80			647
Regulatory liabilities	30		61		26		13		10		—			140
Other	368		329		405		59		125		7			1,293
Total current liabilities	1,486		1,539		1,101		559		468		12,219			17,372
Long-Term Debt	8,088		5,411		5,095		1,587		3,640		2,449			26,270
Notes Payable to Affiliated Companies	300		—		—		—		150		—			450
Deferred Credits and Other Liabilities
Deferred income taxes	5,799		2,708		1,816		1,249		1,314		36			12,922
Investment tax credits	207		82		1		5		140		—			435
Accrued pension and post-retirement benefit costs	157		315		283		31		106		(2		)	890
Asset retirement obligations	1,641		1,779		818		23		30		699			4,990
Regulatory liabilities	2,736		1,853		625		261		804		6			6,285
Other	678		117		254		77		39		(10		)	1,155
Total deferred credits and other liabilities	11,218		6,854		3,797		1,646		2,433		729			26,677
Equity	10,657		5,734		4,924		3,433		3,954		2,372			31,074
Total Liabilities and Equity	31,749		19,538		14,917		7,225		10,645		17,769			101,843


(a)	In addition to the elimination of intercompany balances, amounts include purchase accounting adjustments and restricted receivables related to Cinergy Receivables Company.

REGULATED UTILITIES

Operating Statistics (Regulated Utilities)

(Unaudited)



	Six Months Ended June 30,
	2014	2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	47,145	40,455
Nuclear	33,279	33,499
Hydro	1,324	1,875
Oil & gas	23,466	22,530
Renewable energy	7	7
Total generation ^(b)	105,221	98,366
Purchased power and net interchange ^(c)	13,809	14,655
Total sources of energy	119,030	113,021
Less: Line loss and company usage	5,652	5,321
Total GWh Sources	113,378	107,700
Electric Energy Sales (GWh) ^(d)
Residential	42,104	39,591
General service	36,872	35,976
Industrial	25,136	24,746
Other energy and wholesale	18,824	16,837
Change in unbilled	580	343
Total GWh Sales	123,516	117,493
Owned MW Capacity ^(a)
Summer	49,452	49,579
Winter	52,790	52,840
Nuclear Capacity Factor (%) ^(e)	91	94


(a)	Statistics reflect Duke Energy's ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.


(e)	Statistics reflect 100% of jointly owned stations.

Note: Total GWh Sources will not equal Total GWh Sales. Sources include Duke Energy Kentucky's regulated generation for all periods. Sales include Duke Energy Ohio's and its subsidiary Duke Energy Kentucky's retail sales. Ohio retail sales are fulfilled through auction purchases under the current ESP.

REGULATED UTILITIES

Operating Statistics (Regulated Utilities)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	4,592	$	4,061
General service	3,071		2,837
Industrial	1,517		1,403
Other energy and wholesale ^(a)	1,173		1,108
Change in unbilled	37		33
Total Revenues	$	10,390	$	9,442
Average Number of Customers (in thousands)
Residential	6,266		6,203
General service	941		934
Industrial	18		19
Other energy and wholesale	22		23
Total Average Number of Customers	7,247		7,179


(a)	Net of Joint Dispatch Agreement (JDA) intercompany sales.

REGULATED UTILITIES

Operating Statistics (Duke Energy Carolinas)

(Unaudited)



	Six Months Ended June 30,
	2014	2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	17,621	14,475
Nuclear	21,512	22,021
Hydro	758	1,151
Oil & gas	3,676	4,245
Renewable energy	7	7
Total generation ^(b)	43,574	41,899
Purchased power and net interchange ^(c)	3,533	3,167
Total sources of energy	47,107	45,066
Less: Line loss and company usage	2,578	2,618
Total GWh Sources	44,529	42,448
Electric Energy Sales (GWh) ^(d)
Residential	14,436	13,523
General service	13,734	13,303
Industrial	10,381	10,140
Other energy and wholesale	5,793	5,456
Change in unbilled	185	26
Total GWh Sales	44,529	42,448
Owned MW Capacity ^(a)
Summer	19,770	19,698
Winter	20,496	20,410
Nuclear Capacity Factor (%) ^(e)	92	98


(a)	Statistics reflect Duke Energy Carolinas' ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.


(e)	Statistics reflect 100% of jointly owned stations.

REGULATED UTILITIES

Operating Statistics (Duke Energy Carolinas)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	1,518	$	1,330
General service	1,090		1,022
Industrial	587		536
Other energy and wholesale	360		297
Change in unbilled	17		4
Total Revenues	$	3,572	$	3,189
Average Number of Customers (in thousands)
Residential	2,083		2,063
General service	342		338
Industrial	6		7
Other energy and wholesale	14		15
Total Average Number of Customers	2,445		2,423

REGULATED UTILITIES

Operating Statistics (Duke Energy Progress)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	8,252		6,799
Nuclear	11,767		11,478
Hydro	451		563
Oil & gas	8,221		7,492
Total generation ^(b)	28,691		26,332
Purchased power and net interchange ^(c)	3,227		3,547
Total sources of energy	31,918		29,879
Less: Line loss and company usage	1,064		1,123
Total GWh Sources	30,854		28,756
Electric Energy Sales (GWh) ^(d)
Residential	9,539		8,771
General service	7,410		7,157
Industrial	4,997		5,108
Other energy and wholesale	8,935		7,733
Change in unbilled	(27	)	(13	)
Total GWh Sales	30,854		28,756
Owned MW Capacity ^(a)
Summer	12,221		12,231
Winter	13,334		13,240
Nuclear Capacity Factor (%) ^(e)	89		86


(a)	Statistics reflect Duke Energy Progress' ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.


(e)	Statistics reflect 100% of jointly owned stations.

REGULATED UTILITIES

Operating Statistics (Duke Energy Progress)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	979	$	871
General service	635		600
Industrial	325		321
Other energy and wholesale	595		462
Change in unbilled	4		10
Total Revenues	$	2,538	$	2,264
Average Number of Customers (in thousands)
Residential	1,253		1,239
General service	222		221
Industrial	4		4
Other energy and wholesale	2		2
Total Average Number of Customers	1,481		1,466

REGULATED UTILITIES

Operating Statistics (Duke Energy Florida)

(Unaudited)



	Six Months Ended June 30,
	2014	2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	5,946	5,288
Oil & gas	11,122	10,332
Total generation ^(b)	17,068	15,620
Purchased power and net interchange ^(c)	2,534	3,551
Total sources of energy	19,602	19,171
Less: Line loss and company usage	1,101	1,302
Total GWh Sources	18,501	17,869
Electric Energy Sales (GWh) ^(d)
Residential	8,447	8,235
General service	6,950	6,918
Industrial	1,604	1,582
Other energy and wholesale	769	721
Change in unbilled	731	413
Total GWh Sales	18,501	17,869
Owned MW Capacity ^(a)
Summer	8,929	9,095
Winter	9,948	10,191


(a)	Statistics reflect Duke Energy Florida's ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.

REGULATED UTILITIES

Operating Statistics (Duke Energy Florida)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	1,169	$	1,026
General service	739		649
Industrial	149		129
Other energy and wholesale	224		272
Change in unbilled	43		21
Total Revenues	$	2,324	$	2,097
Average Number of Customers (in thousands)
Residential	1,495		1,475
General service	191		189
Industrial	2		2
Other energy and wholesale	2		2
Total Average Number of Customers	1,690		1,668

REGULATED UTILITIES

Operating Statistics (Duke Energy Ohio - Electric)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	1,088		1,701
Total generation ^(b)	1,088		1,701
Purchased power and net interchange ^(c)	1,289		617
Total sources of energy	2,377		2,318
Less: Line loss and company usage	212		133
Total GWh Sources	2,165		2,185
Electric Energy Sales (GWh) ^(d)
Residential	4,592		4,335
General service	4,671		4,565
Industrial	2,930		2,819
Other energy and wholesale	192		275
Change in unbilled	(82	)	(16	)
Total GWh Sales	12,303		11,978
Owned MW Capacity ^(a)
Summer	1,039		1,039
Winter	1,141		1,141


(a)	Statistics reflect Duke Energy Ohio's ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.


(e)	Statistics reflect 100% of jointly owned stations.

Note: Total GWh Sources will not equal Total GWh Sales. Sources include only Duke Energy Kentucky's regulated generation for all periods. Sales include Duke Energy Ohio's and its subsidiary Duke Energy Kentucky's retail sales. Ohio retail sales are fulfilled through auction purchases under the current ESP.

REGULATED UTILITIES

Operating Statistics (Duke Energy Ohio - Electric)

(Unaudited)



	Six Months Ended June 30,
	2014			2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	356		$	332
General service	217			204
Industrial	55			53
Other energy and wholesale	15			11
Change in unbilled	(7		)	1
Total Revenues	$	636		$	601
Average Number of Electric Customers (in thousands)
Residential	742			737
General service	86			86
Industrial	3			3
Other energy and wholesale	3			3
Total Average Number of Customers	834			829

REGULATED UTILITIES

Operating Statistics (Duke Energy Ohio - Natural Gas)

(Unaudited)



	Six Months Ended June 30,
	2014			2013
MCF Sales ^(a)
Residential	29,534,496			26,620,497
General service	17,624,423			15,799,582
Industrial	4,321,235			3,688,976
Other energy and wholesale	11,419,293			10,888,315
Change in unbilled	(4,902,000		)	(4,915,000		)
Total MCF Sales	57,997,447			52,082,370
Revenues from Distribution of Natural Gas (in millions)
Residential	$	227		$	197
General service	95			81
Industrial	13			12
Other energy and wholesale	10			9
Change in unbilled	(19		)	(19		)
Total Revenues	$	326		$	280
Average Number of Natural Gas Customers (in thousands)
Residential	475			471
General service	44			44
Industrial	2			2
Total Average Number of Customers	521			517


(a)	Represents non-weather normalized billed sales, with gas delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.

REGULATED UTILITIES

Operating Statistics (Duke Energy Indiana)

(Unaudited)



	Six Months Ended June 30,
	2014		2013
Sources of Electric Energy (GWh)
Generated - net output ^(a)
Coal	14,254		12,189
Hydro	115		161
Gas	431		464
Total generation ^(b)	14,800		12,814
Purchased power and net interchange ^(c)	3,226		3,773
Total sources of energy	18,026		16,587
Less: Line loss and company usage	697		145
Total GWh Sources	17,329		16,442
Electric Energy Sales (GWh) ^(d)
Residential	5,090		4,727
General service	4,107		4,033
Industrial	5,224		5,097
Other energy and wholesale	3,135		2,652
Change in unbilled	(227	)	(67	)
Total GWh Sales	17,329		16,442
Owned MW Capacity ^(a)
Summer	7,493		7,516
Winter	7,871		7,858


(a)	Statistics reflect Duke Energy Indiana's ownership share of jointly owned stations.


(b)	Generation by source is reported net of auxiliary power.


(c)	Purchased power includes renewable energy purchases.


(d)	Represents non-weather normalized billed sales, with energy delivered but not yet billed (i.e. unbilled sales) reflected as a single amount and not allocated to the respective retail classes.

REGULATED UTILITIES

Operating Statistics (Duke Energy Indiana)

(Unaudited)



	Six Months Ended June 30,
	2014			2013
Revenues from Generation, Transmission and Distribution of Electricity (in millions)
Residential	$	570		$	502
General service	390			362
Industrial	401			364
Other energy and wholesale	171			159
Change in unbilled	(20		)	(3		)
Total Revenues	$	1,512		$	1,384
Average Number of Customers (in thousands)
Residential	693			689
General service	100			100
Industrial	3			3
Other energy and wholesale	1			1
Total Average Number of Customers	797			793

INTERNATIONAL ENERGY

Operating Statistics

(Unaudited)



	Six Months Ended June 30,
	2014	2013
Sales, Gwh	9,522	9,682
Net proportional megawatt capacity in operation	4,411	4,584

COMMERCIAL POWER

Operating Statistics

(Unaudited)



	Six Months Ended June 30,
	2014	2013
Generation (GWh)
Coal	7,798	8,734
Gas	7,773	7,238
Renewable energy	3,058	2,820
Actual plant generation	18,629	18,792
Net proportional megawatt capacity in operation	7,839	8,127

DUKE ENERGY OHIO SUPPLEMENT

Consolidating Statement of Operations

(Unaudited)



	Six Months Ended June 30, 2014
	Regulated Utilities				Commercial Power			Other			Duke Energy Ohio
(in millions)	Ohio Transmission& Distribution		Duke Energy Kentucky
Operating Revenues
Regulated electric ^(a)	$	464	$	183	$	56		$	—		$	703
Nonregulated electric, natural gas and other	—		—		273			(12		)	261
Regulated natural gas	252		78		—			—			330
Total operating revenues	716		261		329			(12		)	1,294
Operating Expenses
Fuel used in electric generation and purchased power - regulated	139		92		—			—			231
Fuel used in electric generation and purchased power - nonregulated	—		—		369			(12		)	357
Cost of natural gas and other	81		40		6			—			127
Operation, maintenance and other	135		67		154			11			367
Depreciation and amortization	89		22		36			—			147
Property and other taxes	103		6		18			—			127
Impairment charges ^(b)	—		—		1,438			—			1,438
Total operating expenses	547		227		2,021			(1		)	2,794
Gain on Sales of Other Assets and Other, net	1		—		—			(1		)	—
Operating Income (Loss)	170		34		(1,692		)	(12		)	(1,500		)
Other Income and Expenses	4		1		—			—			5
Interest Expense	33		8		11			(1		)	51
Income (Loss) Before Income Taxes	141		27		(1,703		)	(11		)	(1,546		)
Income Tax Expense (Benefit)	43		9		(598		)	(3		)	(549		)
Net Income (Loss)	$	98	$	18	$	(1,105	)	$	(8	)	$	(997	)


(a)	The amount for Commercial Power is primarily due to stability charge revenues included in the current ESP.


(b)	The amount for Commercial Power relates to the planned disposition of the nonregulated Midwest generation business.

DUKE ENERGY OHIO SUPPLEMENT

Consolidating Statement of Operations

(Unaudited)



	Six Months Ended June 30, 2013
	Regulated Utilities				Commercial Power			Other			Duke Energy Ohio
(in millions)	Ohio Transmission& Distribution		Duke Energy Kentucky
Operating Revenues
Regulated electric ^(a)	$	445	$	171	$	56		$	—		$	672
Nonregulated electric, natural gas and other	—		—		625			(19		)	606
Regulated natural gas	219		61		—			—			280
Total operating revenues	664		232		681			(19		)	1,558
Operating Expenses
Fuel used in electric generation and purchased power - regulated	137		69		—			—			206
Fuel used in electric generation and purchased power - nonregulated	—		—		481			(19		)	462
Cost of natural gas and other	65		28		—			—			93
Operation, maintenance and other	163		63		157			14			397
Depreciation and amortization	77		22		78			—			177
Property and other taxes	115		7		14			—			136
Total operating expenses	557		189		730			(5		)	1,471
Gain on Sales of Other Assets and Other, net	—		4		1			(1		)	4
Operating Income (Loss)	107		47		(48		)	(15		)	91
Other Income and Expenses	2		1		1			(1		)	3
Interest Expense	25		8		3			—			36
Income (Loss) before Income Taxes	84		40		(50		)	(16		)	58
Income Tax Expense (Benefit)	30		14		(17		)	(6		)	21
Net Income (Loss)	$	54	$	26	$	(33	)	$	(10	)	$	37


(a)	The amount for Commercial Power is primarily due to stability charge revenues included in the current ESP.

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