
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF PARENT AMEREN CORPORATION CONDENSED STATEMENT OF INCOME For the Years Ended December 31, 2011, 2010 and 2009
(In millions)	2011			2010			2009
Operating revenues	$	-		$	-		$	-
Goodwill, impairment and other charges		-			372			-
Operating expenses		15			24			20
Operating loss		(15	)		(396	)		(20	)
Equity in earnings of subsidiaries		527			535			625
Interest income from affiliates		44			28			36
Miscellaneous expense		4			3			4
Interest charges		41			56			37
Income tax (benefit)		(8	)		(31	)		(12	)
Net income	$	519		$	139		$	612


SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF PARENT AMEREN CORPORATION CONDENSED BALANCE SHEET
(In millions)	December 31, 2011		December 31, 2010
Assets:
Cash and cash equivalents	$	3	$	4
Advances to money pool		340		64
Accounts and notes receivable – affiliates		57		405
Other current assets		-		2
Total current assets		400		475
Investments in subsidiaries		7,532		7,681
Note receivable – affiliates		425		425
Other non-current assets		333		403
Total assets	$	8,690	$	8,984
Liabilities and Stockholders' Equity:
Short-term debt	$	148	$	269
Accounts payable – affiliates		13		41
Other current liabilities		62		75
Total current liabilities		223		385
Credit facility borrowings		-		360
Long-term debt		424		423
Other deferred credits and liabilities		74		69
Total liabilities		721		1,237
Commitments and Contingencies
Stockholders' Equity:
Common stock, $.01 par value, 400.0 shares authorized shares outstanding of 242.6 and 240.4, respectively		2		2
Other paid-in capital, principally premium on common stock		5,598		5,520
Retained earnings		2,369		2,225
Total stockholders' equity		7,969		7,747
Total liabilities and stockholders' equity	$	8,690	$	8,984


SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF PARENT AMEREN CORPORATION CONDENSED STATEMENT OF CASH FLOWS For the Years Ended December 31, 2011, 2010 and 2009
(In millions)	2011			Restated 2010			Restated 2009
Net cash flows provided by operating activities	$	804		$	241		$	270
Cash flows from investing activities:
Money pool advances, net		(276	)		18			300
Notes receivable – affiliates, net		358			242			(712	)
Investments in subsidiaries		(94	)		(13	)		(831	)
Other		(2	)		1			-
Net cash flows provided by (used in) investing activities		(14	)		248			(1,243	)
Cash flows from financing activities:
Dividends on common stock		(375	)		(368	)		(338	)
Short-term debt and credit facility borrowings, net		(481	)		(221	)		275
Issuances of:
Long-term debt		-			-			423
Common stock		65			80			634
Other		-			-			(19	)
Net cash flows provided by (used in) financing activities		(791	)		(509	)		975


SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF PARENT AMEREN CORPORATION CONDENSED STATEMENT OF CASH FLOWS For the Years Ended December 31, 2011, 2010 and 2009
(In millions)	2011			Restated 2010			Restated 2009
Net change in cash and equivalents	$	(1	)	$	(20	)	$	2
Cash and cash equivalents at beginning of year		4			24			22
Cash and cash equivalents at the end of year	$	3		$	4		$	24

Cash dividends received from consolidated subsidiaries	$	730		$	368		$	338

AMEREN CORPORATION (parent company only)

NOTES TO CONDENSED FINANCIAL STATEMENTS

December 31, 2011

NOTE 1 – BASIS OF PRESENTATION

Ameren Corporation (parent company only) is a public utility holding company that conducts substantially all of its business operations through its subsidiaries. As specified in Note 5 – Long-term Debt and Equity Financings under Part II, Item 8, of this report, there are restrictions on Ameren Corporation's (parent company only) ability to obtain funds from certain of its subsidiaries through dividends, loans or advances. In accordance with authoritative accounting guidance, Ameren Corporation (parent company only) has accounted for wholly owned subsidiaries using the equity method. These financial statements are presented on a condensed basis. Additional disclosures relating to the parent company financial statements are included within the combined notes under Part II, Item 8, of this report.

NOTE 2 – SHORT-TERM DEBT AND LIQUIDITY

See Note 4 – Short-term Debt and Liquidity under Part II, Item 8, of this report for a description and details of short-term debt and liquidity needs of Ameren Corporation (parent company only).

NOTE 3 – LONG-TERM OBLIGATIONS

See Note 5 – Long-term Debt and Equity Financings under Part II, Item 8, of this report for a description and details of long-term obligations of Ameren Corporation (parent company only).

NOTE 4 – COMMITMENTS AND CONTINGENCIES

See Note 15 – Commitments and Contingencies under Part II Item 8, of this report for a description of all material contingencies and guarantees outstanding of Ameren Corporation (parent company only).

NOTE 5 – GOODWILL AND OTHER ASSET IMPAIRMENTS

See Note 17 – Goodwill, Impairments and Other Charges under Part II, Item 8, of this report for a description of the impairment charges incurred by Ameren Corporation (parent company only) in 2010.

NOTE 6 – RESTATEMENTS

During 2011, Ameren Corporation (parent company only) identified an error in the cash flow statement classification of intercompany notes receivable that impacted years ended December 31, 2010, and 2009. For the year ended December 31, 2010, previously reported cash flows provided by operating activities were $522 million and cash flows used in investing activities were $33 million. As corrected herein, cash flows provided by operating activities were $241 million and cash flows provided by investing activities were $248 million. For the year ended December 31, 2009, previously reported cash flows used in operating activities were $442 million and cash flows used in investing activities were $531 million. As corrected herein, cash flows provided by operating activities were $270 million and cash flows used in investing activities were $1,243 million.