| Balance Sheet for American Electric Power Company (AEP) | | | | | | | Assets | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 178 | 726 | 528 | 595 | 1,182 | | Marketable Securities | N/A | N/A | N/A | N/A | N/A | | Receivables | 922 | 1,040 | 1,220 | 1,524 | 1,710 | | Inventories | 967 | 913 | 726 | 852 | 991 | | Other Current Assets | 985 | 909 | 1,471 | 1,050 | 1,014 | | Total Current Assets | 3,052 | 3,588 | 3,945 | 4,021 | 4,897 | | | Gross Fixed Assets | 46,145 | 42,021 | 39,121 | 37,286 | 36,033 | | Accumulated Depreciation | (16,275) | (15,240) | (14,837) | (14,485) | (14,004) | | Net Fixed Assets | 29,870 | 26,781 | 24,284 | 22,801 | 22,029 | | Intangibles | 76 | 76 | 76 | 76 | 78 | | Other Non-Current Assets | 7,368 | 7,542 | 7,867 | 7,765 | 9,740 | | Total Non-Current Assets | 37,314 | 34,399 | 32,227 | 30,642 | 31,847 | | Total Assets | 40,366 | 37,987 | 36,172 | 34,663 | 36,744 | | | Liabilities | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,324 | 1,360 | 1,144 | 1,051 | 1,337 | | Short Term Debt | 1,452 | 1,287 | 1,163 | 1,302 | 2,105 | | Other Current Liabilities | 2,431 | 2,809 | 3,153 | 2,654 | 2,540 | | Total Current Liabilities | 5,207 | 5,456 | 5,460 | 5,007 | 5,982 | | | Long Term Debt | 14,202 | 12,429 | 11,073 | 11,008 | 12,322 | | Deferred Income Tax | 4,730 | 4,690 | 4,810 | 4,819 | 3,957 | | Other Non-Current Liabilities | 6,087 | 5,939 | 5,680 | 5,253 | 6,472 | | Minority Interest | 61 | 61 | 61 | 61 | 137 | | Total Non-Current Liabilities | 25,080 | 23,119 | 21,624 | 21,141 | 22,888 | | Total Liabilities | 30,287 | 28,575 | 27,084 | 26,148 | 28,870 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 10,079 | 9,412 | 9,088 | 8,515 | 7,874 | | Total Equity | 10,079 | 9,412 | 9,088 | 8,515 | 7,874 | | Total Liabilities & Stock Equity | 40,366 | 37,987 | 36,172 | 34,663 | 36,744 | | | |
