Selected Financial Data — Consolidated Financial Statistics

YEAR ENDED DECEMBER 31,
(Millions of US Dollars, except ratios)2002 2001 2000 19991998
Total assets – end of year $30,891 $42,318 $45,079 $40,985 $40,701
Property, plant and equipment – net – end of year $19,642 $19,419$19,148 $19,246 $18,439
  Capital expenditures 996 248 1,038 1,008 827
Capitalization – end of year
  Equity-linked debt securities $1,440 $1,350 $700 $700 $700
  Exchange able subordinated notes750 — — — —
  All other long-term debt, less
    amounts due currently 9,510 9,576 7,890 8,619 8,934
  Mandatorily redeemable, preferred securities
    of subsidiary trusts, each holding solely
    junior subordinated debentures of the
    obligated company (trust securities):
      TXU Corp. ­obligated 368 368 368 368 223
      Subsidiary obligated147 147 976 971 969
Preferred stock of subsidiaries:
  Not subject to mandatory redemption 190 190 190 190 190
  Subject to mandatory redemption 21 21 21 21 21
Common stock repurchasable under
  equity forward contracts — — 190 — —
Preference stock 300 300 300 — —
Common stock equity 4,766 7,656 7,476 8,334 8,246
      Total $17,492 $19,608 $18,111 $19,203 $19,283
Capitalization ratios – end of year
  Equity-linked debt securities 8.2% 6.9% 3.9% 3.6% 3.6%
  Exchangeable subordinated notes4.3 — — — —
  All other long-term debt, less
      amounts due currently 54.4 48.8 43.6 44.9
  Trust securities 2.9 2.6 7.4 7.0 6.2
  Preferred stock of subsidiaries 1.2 1.1 1.2 1.1 1.1
  Common stock repurchasable under
    equity forward contracts — — 1.0 — —
  Preference stock 1.7 1.5 1.7 — —
  Common stock equity 27.3 39.1 41.2 43.4 42.8
      Total 100.0% 100.0% 100.0% 100.0% 100.0%