Exhibit 99.2

Edison Mission Energy
Illinois PlantsFunds Flow from Operations
Twelve Months Ended September 30, 2002(In Millions) (Unaudited)

|                                         |                                                               | Midwest
Generation, LLC      |       | Edison Mission
Overseas Co. |         | Edison Mission
Midwest Holdings |     | Sale Leaseback
Adjustments (Note 1) |       | Consolidation
Adjustments (Note 2) |       | Edison Mission
Midwest Holdings |       | Reclassification
Adjustment (Note 2) |      | Sale Leaseback
Adjustments (Note 3) |       | Illinois
Plants |        
|---------------------------------------- | ------------------------------------------------------------- | ---------------------------- | ----- | --------------------------- | ------- | ------------------------------- | --- | ----------------------------------- | ----- | ---------------------------------- | ----- | ------------------------------- | ----- | ------------------------------------ | ---- | ----------------------------------- | ----- | --------------- | -------
|
|Project Revenues                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         | Electric revenues                                             |                              | $     | 1,129.6                     |         | $                               | 0.0 |                                     | $     | 0.0                                |       | $                               | 0.0   |                                      | $    | 0.0                                 |       | $               | 1,129.6
|                                         | Income (losses) from energy trading and price risk management |                              |       | (2.7                        | )       |                                 |    |                                     |       |                                   |       |                                 |      |                                      |      |                                    |       |                 | (2.7   
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         |                                                               | Total Operating revenues     |       |                             | 1,126.9 |                                 |     |                                    |       |                                    |      |                                 |       |                                     |      |                                     |      |                 |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Project Operating Expenses               |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         | Fuel                                                          |                              |       | 365.1                       |         |                                 |    |                                     |       |                                   |       |                                 |      |                                      |      |                                    |       |                 | 365.1  
|                                         | Plant operations                                              |                              |       | 366.4                       |         |                                 |    |                                     |       |                                   |       |                                 | 22.1  |                                      |      |                                    |       |                 | 388.5  
|                                         | Depreciation and amortization                                 |                              |       | 170.7                       |         |                                 | 0.0 |                                     |       |                                   |       |                                 | (25.3 | )                                    |      |                                    |       |                 | 145.4  
|                                         | Asset impairment charge                                       |                              |       | 25.4                        |         |                                 |    |                                     |       |                                   |       |                                 |      |                                      |      |                                    |       |                 | 25.4   
|                                         | Administrative and general                                    |                              |       | 30.9                        |         |                                 | 0.9 |                                     |       | 0.1                                |       |                                 |      |                                      |      | (17.9                               | )     |                 | 14.0   
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         |                                                               | Total operating expenses     |       |                             | 958.5   |                                 |     | 0.9                                 |       |                                    | 0.1   |                                 |       | (3.2                                 | )    |                                     | (17.9 | )               |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Project Revenues less Operating Expenses |                                                               |                              | 168.4 |                             |         | (0.9                            | )   |                                     | (0.1  | )                                  |       | 3.2                             |       |                                      | 17.9 |                                     |       | 188.5           |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Project Other Income (Expense)           |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         | Interest and other income                                     |                              |       | (0.6                        | )       |                                 | 1.0 |                                     |       | 0.9                                |       |                                 |      |                                      |      |                                    |       |                 | 1.3    
|                                         | Intercompany interest income (expense)                        |                              |       |                            |         |                                 |    |                                     |       |                                   |       |                                 |      |                                      |      |                                    |       |                 |       
|                                         |                                                               | Edison Mission Energy        |       |                             | 121.7   |                                 |     |                                    |       |                                    |      |                                 |       |                                     |      |                                     |      |                 |        
|                                         |                                                               | Edison Mission Overseas      |       |                             | (226.5  | )                               |     | 226.5                               |       |                                    |      |                                 |       |                                     |      |                                     |      |                 |        
|                                         | Interest expense                                              |                              |       | (117.4                      | )       |                                 |    |                                     |       | (74.6                              | )     |                                 | 29.4  |                                      |      |                                    |       |                 | (162.6 
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         |                                                               | Total other income (expense) |       |                             | (222.8  | )                               |     | 227.5                               |       |                                    | (73.7 | )                               |       | 29.4                                 |      |                                     |      |                 |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Income (Loss) before Income Taxes        |                                                               |                              | (54.4 | )                           |         | 226.6                           |     |                                     | (73.8 | )                                  |       | 32.6                            |       |                                      | 17.9 |                                     |       | 148.9           |        
|Income Taxes                             |                                                               |                              | (15.3 | )                           |         | 87.1                            |     |                                     | (28.4 | )                                  |       | 13.5                            |       |                                      | 6.5  |                                     |       | 63.4            |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Net Income (Loss)                        |                                                               | $                            | (39.1 | )                           | $       | 139.5                           |     | $                                   | (45.4 | )                                  | $     | 19.1                            |       | $                                    | 11.4 |                                     | $     | 85.5            |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Funds Flow from Operations               |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Income (loss) before Income Taxes        |                                                               | $                            | (54.4 | )                           | $       | 226.6                           |     | $                                   | (73.8 | )                                  | $     | 32.6                            |       | $                                    | 17.9 |                                     | $     | 148.9           |        
|Add (deduct):                            |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|                                         | Depreciation and amortization                                 |                              |       | 170.7                       |         |                                 | 0.0 |                                     |       |                                   |       |                                 | (25.3 | )                                    |      |                                    |       |                 | 145.4  
|                                         | Asset impairment charge                                       |                              |       | 25.4                        |         |                                 |    |                                     |       |                                   |       |                                 |      |                                      |      |                                    |       |                 | 25.4   
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        
|Funds Flow from Operations               |                                                               | $                            | 141.7 |                             | $       | 226.6                           |     | $                                   | (73.8 | )                                  | $     | 7.3                             |       | $                                    | 17.9 |                                     | $     | 319.7           |        
|                                         |                                                               |                              |       |                             |         |                                 |     |                                     |       |                                    |       |                                 |       |                                      |      |                                     |       |                 |        

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|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.
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|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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