Spreadsheet: 335772e4-ea94-404b-92aa-bd1eaed9f2ab
Sheet: Sheet1

NextEra Energy, Inc. Preliminary Condensed Consolidated Statements of Income (millions, except per share amounts) (unaudited) | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6
Three Months Ended December 31,  2010 |  |  | Florida Power & Light | NextEra Energy Resources | Corporate & Other | NextEra Energy, Inc.
Operating Revenues |  |  | 2461 | 897 | 55 | 3413
Operating Expenses
 | Fuel, purchased power and interchange |  | 1166 | 267 | 14 | 1447
 | Other operations and maintenance |  | 423 | 310 | 21 | 754
 | Depreciation and amortization |  | 254 | 218 | 5 | 477
 | Taxes other than income taxes and other |  | 247 | 17 | 2 | 266
 |  | Total operating expenses | 2090 | 812 | 42 | 2944
Operating Income (Loss) |  |  | 371 | 85 | 13 | 469
Other Income (Deductions)
 | Interest expense |  | -91 | -128 | -27 | -246
 | Equity in earnings of equity method investees |  | 0 | 2 | 0 | 2
 | Allowance for equity funds used during construction |  | 11 | 0 | 0 | 11
 | Interest income |  | 0 | 5 | 17 | 22
 | Gains on disposal of assets - net |  | 0 | 6 | 0 | 6
 | Other than temporary impairment losses on securities held in    nuclear decommissioning funds |  | 0 | 0 | 0 | 0
 | Other – net |  | 2 | 0 | -2 | 0
 |  | Total other income (deductions) – net | -78 | -115 | -12 | -205
Income (Loss) Before Income Taxes |  |  | 293 | -30 | 1 | 264
Income Tax Expense (Benefit) |  |  | 112 | -103 | -8 | 1
Net Income (Loss) |  |  | 181 | 73 | 9 | 263
Reconciliation of Net Income (Loss) to Adjusted Earnings (Loss):
Net Income (Loss) |  |  | 181 | 73 | 9 | 263
Adjustments, net of income taxes:
 | Net unrealized mark-to-market (gains) losses associated with    non-qualifying hedges |  | 0 | 70 | -1 | 69
 | Other than temporary impairment losses - net |  | 0 | 0 | 0 | 0
Adjusted Earnings (Loss) |  |  | 181 | 143 | 8 | 332
Earnings (Loss) Per Share (assuming dilution) |  |  | 0.43 | 0.17 | 0.03 | 0.63
Adjustments:
 | Net unrealized mark-to-market (gains) losses associated with non-qualifying hedges |  | 0 | 0.17 | 0 | 0.17
 | Other than temporary impairment losses - net |  | 0 | 0 | 0 | 0
Adjusted Earnings (Loss) Per Share |  |  | 0.43 | 0.34 | 0.03 | 0.8
Weighted-average shares outstanding (assuming dilution) |  |  |  |  |  | 417
Beginning in 2010, NextEra Energy Resources' (Energy Resources) financial statements include non-utility interest expense on a deemed capital structure of 70% debt and allocated shared service costs. These changes were made to reflect an expected average capital structure at Capital Holdings and more accurately reflect Energy Resources' operating costs. Prior year amounts for Energy Resources and Corporate & Other have been restated to reflect these changes. For interest allocation purposes, the deferred credit associated with differential membership interests sold by Energy Resources subsidiaries is included with debt.  Residual non-utility interest expense is included in Corporate & Other.
Corporate & Other represents other business activities, other segments that are not separately reportable, eliminating entries, and may include the net effect of rounding.
NextEra Energy, Inc. Preliminary Condensed Consolidated Statements of Income (millions, except per share amounts) (unaudited)
Three Months Ended December 31,  2009 |  |  | Florida Power & Light | NextEra Energy Resources | Corporate & Other | NextEra Energy, Inc.
Operating Revenues |  |  | 2753 | 862 | 41 | 3656
Operating Expenses
 | Fuel, purchased power and interchange |  | 1410 | 210 | 12 | 1632
 | Other operations and maintenance |  | 389 | 279 | 9 | 677
 | Depreciation and amortization |  | 311 | 173 | 4 | 488
 | Taxes other than income taxes and other |  | 274 | 26 | 2 | 302
 |  | Total operating expenses | 2384 | 688 | 27 | 3099
Operating Income (Loss) |  |  | 369 | 174 | 14 | 557
Other Income (Deductions)
 | Interest expense |  | -83 | -116 | -19 | -218
 | Equity in earnings of equity method investees |  | 0 | 4 | 0 | 4
 | Allowance for equity funds used during construction |  | 7 | 0 | 0 | 7
 | Interest income |  | 0 | 6 | 14 | 20
 | Gains on disposal of assets - net |  | 0 | 39 | -2 | 37
 | Other than temporary impairment losses on securities held in    nuclear decommissioning funds |  | 0 | -3 | 0 | -3
 | Other – net |  | -3 | 3 | 0 | 0
 |  | Total other income (deductions) – net | -79 | -67 | -7 | -153
Income (Loss) Before Income Taxes |  |  | 290 | 107 | 7 | 404
Income Tax Expense (Benefit) |  |  | 104 | -49 | 0 | 55
Net Income (Loss) |  |  | 186 | 156 | 7 | 349
Reconciliation of Net Income (Loss) to Adjusted Earnings (Loss):
Net Income (Loss) |  |  | 186 | 156 | 7 | 349
Adjustments, net of income taxes:
 | Net unrealized mark-to-market (gains) losses associated with    non-qualifying hedges |  | 0 | -13 | 0 | -13
 | Other than temporary impairment losses - net |  | 0 | -13 | 0 | -13
Adjusted Earnings (Loss) |  |  | 186 | 130 | 7 | 323
Earnings (Loss) Per Share (assuming dilution) |  |  | 0.45 | 0.38 | 0.02 | 0.85
Adjustments:
 | Net unrealized mark-to-market (gains) losses associated with    non-qualifying hedges |  | 0 | -0.03 | 0 | -0.03
 | Other than temporary impairment losses - net |  | 0 | -0.03 | 0 | -0.03
Adjusted Earnings (Loss) Per Share |  |  | 0.45 | 0.32 | 0.02 | 0.79
Weighted-average shares outstanding (assuming dilution) |  |  |  |  |  | 410
Beginning in 2010, Energy Resources' financial statements include non-utility interest expense on a deemed capital structure of 70% debt and allocated shared service costs. These changes were made to reflect an expected average capital structure at Capital Holdings and more accurately reflect Energy Resources' operating costs. Prior year amounts for Energy Resources and Corporate & Other have been restated to reflect these changes. For interest allocation purposes, the deferred credit associated with differential membership interests sold by Energy Resources subsidiaries is included with debt.  Residual non-utility interest expense is included in Corporate & Other.
Corporate & Other represents other business activities, other segments that are not separately reportable, eliminating entries, and may include the net effect of rounding.