Exhibit 99.5

Edison Mission Energy  Illinois PlantsFunds Flow from Operations  Twelve Months Ended December 31, 2001  (In Thousands) (Unaudited)

|                                         |                                                               | Midwest Generation LLC
SEC Reporting Basis |                              | Edison Mission
Overseas Company |          | Edison Mission
Midwest Holdings |     | Consolidation
Adjustments (Note 2) |          | Sale Leaseback
Adjustments (Note 1) |   | Edison Mission
Midwest Holdings |         | Reclassification
Adjustment (Note 2) |         | Sale Leaseback
Adjustments (Note 3) |   | Illinois Plants |          
|---------------------------------------- | ------------------------------------------------------------- | ------------------------------------------ | ---------------------------- | ------------------------------- | -------- | ------------------------------- | --- | ---------------------------------- | -------- | ----------------------------------- | - | ------------------------------- | ------- | ------------------------------------ | ------- | ----------------------------------- | - | --------------- | ---------
|
|Project Revenues                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         | Electric revenues                                             |                                            | $                            | 1,078,755                       |          | $                               |    |                                    | $        |                                    |   | $                               |        |                                      | $       |                                    |   | $               | 1,078,755
|                                         | Income (losses) from energy trading and price risk management |                                            |                              | (21,273                         | )        |                                 |    |                                    |          |                                    |   |                                 |        |                                      |         |                                    |   |                 | (21,273  
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         |                                                               |                                            | Total Operating revenues     |                                 |          | 1,057,482                       |     |                                    |         |                                     |   |                                |         |                                      |        |                                     |   |                |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Project Operating Expenses               |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         | Fuel                                                          |                                            |                              | 354,425                         |          |                                 |    |                                    |          |                                    |   |                                 |        |                                      |         |                                    |   |                 | 354,425  
|                                         | Plant operations                                              |                                            |                              | 402,000                         |          |                                 |    |                                    |          |                                    |   |                                 |        |                                      |         | 35,736                              |   |                 | 437,736  
|                                         | Depreciation and amortization                                 |                                            |                              | 166,718                         |          |                                 | 14  |                                    |          |                                    |   |                                 |        |                                      |         | (25,462                             | ) |                 | 141,270  
|                                         | Administrative and general                                    |                                            |                              | 30,160                          |          |                                 | 483 |                                    |          | 33                                  |   |                                 | (18,353 | )                                    |         |                                    |   |                 | 12,323   
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         |                                                               |                                            | Total operating expenses     |                                 |          | 953,303                         |     |                                    | 497      |                                     |   | 33                              |         |                                      | (18,353 | )                                   |   | 10,274          |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Project Revenues less Operating Expenses |                                                               |                                            | 104,179                      |                                 |          | (497                            | )   |                                    | (33      | )                                   |   | 18,353                          |         |                                      | (10,274 | )                                   |   | 111,728         |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Project Other Income (Expense)           |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         | Interest and other income                                     |                                            |                              | 440                             |          |                                 | 528 |                                    |          | 604                                 |   |                                 |        |                                      |         |                                    |   |                 | 1,572    
|                                         | Intercompany interest income (expense)                        |                                            |                              |                                |          |                                 |    |                                    |          |                                    |   |                                 |        |                                      |         |                                    |   |                 |         
|                                         |                                                               | Edison Mission Energy                      |                              |                                 | 129,637  |                                 |     |                                   |          |                                     |  |                                 |         |                                     |         |                                     |  |                 |          
|                                         |                                                               | Edison Mission Overseas                    |                              |                                 | (256,940 | )                               |     | 256,940                            |          |                                     |  |                                 |         |                                     |         |                                     |  |                 |          
|                                         | Interest expense                                              |                                            |                              | (131,419                        | )        |                                 |    |                                    |          | (108,120                            | ) |                                 |        |                                      |         | 42,984                              |   |                 | (196,555 
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         |                                                               |                                            | Total other income (expense) |                                 |          | (258,282                        | )   |                                    | 257,468  |                                     |   | (107,516                        | )       |                                      |        |                                     |   | 42,984          |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Income (Loss) before Income Taxes        |                                                               |                                            | (154,103                     | )                               |          | 256,971                         |     |                                    | (107,549 | )                                   |   | 18,353                          |         |                                      | 32,710  |                                     |   | 46,382          |          
|Income Taxes                             |                                                               |                                            | (56,439                      | )                               |          | 98,800                          |     |                                    | (41,350  | )                                   |   | 7,056                           |         |                                      | 13,528  |                                     |   | 21,595          |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Net Income (Loss)                        |                                                               | $                                          | (97,664                      | )                               | $        | 158,171                         |     | $                                  | (66,199  | )                                   | $ | 11,297                          |         | $                                    | 19,182  |                                     | $ | 24,787          |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Funds Flow from Operations               |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Income (loss) before Income Taxes        |                                                               | $                                          | (154,103                     | )                               | $        | 256,971                         |     | $                                  | (107,549 | )                                   | $ | 18,353                          |         | $                                    | 32,710  |                                     | $ | 46,382          |          
|Add (deduct):                            |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         | Depreciation and amortization                                 |                                            |                              | 166,718                         |          |                                 | 14  |                                    |          |                                    |   |                                 |        |                                      |         | (25,462                             | ) |                 | 141,270  
|                                         | Debt service                                                  |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          
|Funds Flow from Operations               |                                                               | $                                          | 12,615                       |                                 | $        | 256,985                         |     | $                                  | (107,549 | )                                   | $ | 18,353                          |         | $                                    | 7,248   |                                     | $ | 187,652         |          
|                                         |                                                               |                                            |                              |                                 |          |                                 |     |                                    |          |                                     |   |                                 |         |                                      |         |                                     |   |                 |          

|                                                                                                                                                                                                                                                                                                                                                                                                          |  |                                                                                                                                                                                                       
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Note 1                                                                                                                                                                                                                                                                                                                                                                                                    |  | Consolidation adjustment required to report the Collins Leases as operating leases by Edison Mission Midwest Holdings and Subsidiaries in lieu of lease financings recorded by Midwest Generation LLC.
|Note 2                                                                                                                                                                                                                                                                                                                                                                                                    |  | Includes: (1) reclassification adjustment related to presentation of revenues and operations expenses with no impact on income before taxes, and (2) push down of parent G&A for SEC reporting.       
|Note 3                                                                                                                                                                                                                                                                                                                                                                                                    |  | Consolidation adjustment required to report the Powerton/Joliet Leases as operating leases by Edison Mission Energy and Subsidiaries in lieu of lease financings recorded by Midwest Generation LLC.  
|The above schedule is provided as supporting financial information to the Funds Flow from Operations set forth in Management's Discussion and Analysis of Financial Condition and Results of Operations. Illinois Plants is not
a legal entity and accordingly, the above financial information for the Illinois Plants has not been prepared in accordance with generally accepted accounting standards.

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