Quarterly Results

12 Months Ended

Dec. 31, 2012

Quarterly Results

16. QUARTERLY RESULTS (UNAUDITED)

Operating results for the years ended December 31, 2012 and 2011, by quarter, are as follows:

	2012
	March 31		June 30		September 30		December 31
	(In Thousands)
Utility operating revenue	$	301,104	$	292,659	$	324,478	$	311,536
Utility operating income		37,951		34,583		50,227		40,139
Net income		16,029		12,291		27,541		16,135

	2011
	March 31		June 30		September 30		December 31
	(In Thousands)
Utility operating revenue	$	289,165	$	279,943	$	320,550	$	282,266
Utility operating income		35,726		36,137		48,451		32,339
Net income		13,430		12,534		26,120		8,491

The quarterly figures reflect seasonal and weather-related fluctuations that are normal to IPL's operations.

Indianapolis Power And Light Company [Member]

Quarterly Results

16. QUARTERLY RESULTS (UNAUDITED)

Operating results for the years ended December 31, 2012 and 2011, by quarter, are as follows:

	2012
	March 31		June 30		September 30		December 31
	(In Thousands)
Operating revenue	$	301,104	$	292,659	$	324,478	$	311,536
Operating income		37,951		34,583		50,227		40,139
Net income		23,744		20,316		35,505		24,564

	2011
	March 31		June 30		September 30		December 31
	(In Thousands)
Operating revenue	$	289,165	$	279,943	$	320,550	$	282,266
Operating income		35,726		36,137		48,451		32,339
Net income		23,189		30,547		34,810		16,852

The quarterly figures reflect seasonal and weather-related fluctuations that are normal to IPL's operations.