Duke Energy Corporation (holding Company) · NYSE:DUK

Duke Energy Corporation (holding Company) — Corporate Update (March 2002)

8 slides from Duke Energy Corporation (holding Company)'s corporate update, Mar 27, 2002

  1. Slide 1: Monthly Chat

    Monthly Chat Robert Brace Executive Vice President and Chief Financial Officer March 27,2002

  2. Slide 2: Earnings Guidance for 2002

    Earnings Guidance for 2002 ?? Guidance for $3.00 the year 15% remains toward 10% $2.50 the high end of the 10 – 15% range for 2002 $2.00 ?? Duke Energy is currently on $1.50 plan to meet this goal for the year $1.00 2000 2001 2002

  3. Slide 3: Seasonality of Earnings

    Seasonality of Earnings 1999 2000 2001 Plan 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr ?? Duke Duke Energy’s Energy’s earnings earnings stream stream is is seasonal seasonal byby nature, nature, with with the the strongest strongest quarter quarter being being thethe third third quarter quarter ?? First First

  4. Slide 4: EBIT Guidance

    EBIT Guidance Projected Average Annual EBIT Growth Energy Services 30 - 40% Duke Ventures 20 - 30% Field Services 5 - 15% Gas Transmission 7 - 9%* Franchised Electric 3 - 4% * Gas Transmission’s EBIT target increased from 5 – 7% to 7 – 9% with the closing of the Westcoast acquisition in March 2002.

  5. Slide 5: Expansion into Canada

    Expansion into Canada Duke Energy / Westcoast Energy ALASKA Combined Gas Transmission System Strategic Benefits Westcoast Energy Extends Extends North North American American Pipeline integrated integrated network network of of Pacific Northern energy energy businesses businesses Centra Connects Con

  6. Slide 6: Corporate-Wide Daily Earnings at Risk (DER)

    Corporate-Wide Daily Earnings at Risk (DER) ?? Daily Earnings at Risk: Favorable or unfavorable impact of one day’s price movement on the existing portfolio ?? 2001 Average DER: $21 million ?? Includes $5 million contract-specific DER for an origination contract initiated and hedged during the year

  7. Slide 7: Valuation Measures

    Valuation Measures ?? NAWE NAWE Portfolio Portfolio Valuation Valuation ?? Mark-to-market: Mark-to-market: $1.1 $1.1 billion billion ??Accrual: Accrual: $6.4 $6.4 billion billion ?? Realization Realization Period Period (cumulative (cumulative %) %) Mark-to-Market Accrual 2002 33% 13% 2003 48% 26% 2

  8. Slide 8: Q&A

    Q&A

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