Statistical and Financial Summaries Quick Index Annual Report Main Corporate Profile Chairman's Letter Five Objectives Cost of Power Stakeholders Reliability Integrated Operations Business Growth Contents—Financial Financial Highlights Management Analysis Financial Statements Notes to Statements Auditor's Report Management's Report Investor Information The Board Executive Committee 11-Year Data Disclaimer   a Sales and revenues have been adjusted to include sales to other utilities. b Excludes settlement payment from Department of Energy of $311 million for 1990 and $160 million for the years 1991-1994. c Includes 405 megawatts of dependable capacity from the Corps of Engineers projects on the Cumberland River System. d Reflects expiration of TAPOCO exchange agreement in 1990—renewed in 1994. e TVA changed its method of expensing the interest component of nuclear fuel expense in 1995.

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