<TABLE> <S> <C>

<ARTICLE>                     UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1996  Financial  Statements  of IES  Utilities  Inc. and is qualified in its
entirety by reference to such Financial  Statements.  Certain  adjustments  have
been made to the prior period amounts as part of the  restatement to reflect the
pooling of interests transaction.
</LEGEND>
<RESTATED>
<CIK>      0000052485
<NAME>     IES UTILITIES INC.
<MULTIPLIER>     1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                                         DEC-31-1996
<PERIOD-START>                                            JAN-01-1996
<PERIOD-END>                                              DEC-31-1996
<BOOK-VALUE>                                                 PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                                   1,358,215
<OTHER-PROPERTY-AND-INVEST>                                    69,791
<TOTAL-CURRENT-ASSETS>                                        139,038
<TOTAL-DEFERRED-CHARGES>                                       10,437
<OTHER-ASSETS>                                                187,563
<TOTAL-ASSETS>                                              1,765,044
<COMMON>                                                       33,427
<CAPITAL-SURPLUS-PAID-IN>                                     279,042
<RETAINED-EARNINGS>                                           231,337
<TOTAL-COMMON-STOCKHOLDERS-EQ>                                543,806
<PREFERRED-MANDATORY>                                               0
<PREFERRED>                                                    18,320
<LONG-TERM-DEBT-NET>                                          517,334
<SHORT-TERM-NOTES>                                             25,000
<LONG-TERM-NOTES-PAYABLE>                                           0
<COMMERCIAL-PAPER-OBLIGATIONS>                                110,000
<LONG-TERM-DEBT-CURRENT-PORT>                                   8,140
<PREFERRED-STOCK-CURRENT>                                           0
<CAPITAL-LEASE-OBLIGATIONS>                                    19,600
<LEASES-CURRENT>                                               15,125
<OTHER-ITEMS-CAPITAL-AND-LIAB>                                507,719
<TOT-CAPITALIZATION-AND-LIAB>                               1,765,044
<GROSS-OPERATING-REVENUE>                                     754,979
<INCOME-TAX-EXPENSE>                                           43,092 <F1>
<OTHER-OPERATING-EXPENSES>                                    599,304
<TOTAL-OPERATING-EXPENSES>                                    599,304 <F1>
<OPERATING-INCOME-LOSS>                                       155,675
<OTHER-INCOME-NET>                                             (5,140)
<INCOME-BEFORE-INTEREST-EXPEN>                                150,535
<TOTAL-INTEREST-EXPENSE>                                       43,714
<NET-INCOME>                                                   63,729
<PREFERRED-STOCK-DIVIDENDS>                                       914
<EARNINGS-AVAILABLE-FOR-COMM>                                  62,815
<COMMON-STOCK-DIVIDENDS>                                       44,000
<TOTAL-INTEREST-ON-BONDS>                                      38,709
<CASH-FLOW-OPERATIONS>                                        170,655
<EPS-PRIMARY>                                                       0 <F2>
<EPS-DILUTED>                                                       0 <F2>
<FN>
<F1> Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.

<F2>Earnings  per share of common  stock is not  reflected  because  all  common
shares are held by Interstate Energy Corporation.
</FN>
                                               


</TABLE>