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American Electric Power Co Inc (AEP) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2016

American Electric Power Co Inc

CIK: 4904 Ticker: AEP


aeppressreleasea02.jpg
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FOR IMMEDIATE RELEASE

AEP REPORTS 2016 FOURTH-QUARTER AND YEAR-END EARNINGS

Fourth-quarter 2016 earnings of $0.76 per share GAAP and $0.67 per share operating
Year-end 2016 earnings of $1.24 per share GAAP and $3.94 per share operating
Investments in regulated businesses drive continued earnings growth

 
AMERICAN ELECTRIC POWER
Preliminary, unaudited results
 
 
Fourth Quarter ended December 31
 
Year-to-date ended December 31
 
 
2016

2015

Variance

 
2016

2015

Variance

Revenue ($ in billions):
3.8

3.6

0.2

 
16.4

16.5

(0.1
)
Earnings (Loss) ($ in millions):
 
 
 
 
 
 
 
 
GAAP
373.4

469.6

(96.2
)
 
610.9

2,047.1

(1,436.2
)
 
Operating
330.4

232.7

97.7

 
1,937.0

1,807.7

129.3

EPS ($):
 
 
 
 
 
 
 
 
 
GAAP
0.76

0.96

(0.20
)
 
1.24

4.17

(2.93
)
 
Operating
0.67

0.48

0.19

 
3.94

3.69

0.25

EPS based on 492mm shares 4Q 2016, 491mm shares 4Q 2015, 491mm shares YTD 2016 and 490mm shares YTD 2015.
 

COLUMBUS, Ohio, Jan 26, 2017 - American Electric Power (NYSE: AEP) today reported fourth-quarter 2016 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $373 million or $0.76 per share, compared with GAAP earnings of $470 million or $0.96 per share in fourth-quarter 2015. Operating earnings for fourth-quarter 2016 were $330 million or $0.67 per share, compared with operating earnings of $233 million or $0.48 per share in fourth-quarter 2015.
Year-end 2016 GAAP earnings were $611 million or $1.24 per share, compared with 2015 GAAP earnings of $2.047 billion or $4.17 per share. Year-end 2016 operating earnings were

1

The following information was filed by American Electric Power Co Inc (AEP) on Thursday, January 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Condensed Consolidated Statements Of Changes In Equity
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss)
Consolidated Statements Of Comprehensive Income (loss) (parenthetical)
Consolidated Statements Of Income
Benefit Plans
Benefit Plans (policies)
Benefit Plans (tables)
Benefit Plans 1 (details)
Benefit Plans 2 (details)
Benefit Plans 3 (details)
Business Segments
Business Segments (details)
Business Segments (tables)
Commitments, Guarantees And Contingencies
Commitments, Guarantees And Contingencies (details)
Commitments, Guarantees And Contingencies (tables)
Comprehensive Income
Comprehensive Income (details)
Comprehensive Income (tables)
Derivatives And Hedging
Derivatives And Hedging (details)
Derivatives And Hedging (policies)
Derivatives And Hedging (tables)
Dispositions, Assets And Liabilities Held For Sale And Impairments
Dispositions, Assets And Liabilities Held For Sale And Impairments (details)
Dispositions, Assets And Liabilities Held For Sale And Impairments (tables)
Effects Of Regulation
Effects Of Regulation (details)
Effects Of Regulation (tables)
Fair Value Financial Assets Liabilities (details)
Fair Value Long-term Debt, Other Temporary Investments, Nuclear Trusts (details)
Fair Value Measurements
Fair Value Measurements (policies)
Fair Value Measurements (tables)
Financing Activities
Financing Activities (details)
Financing Activities (tables)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (details)
Goodwill And Other Intangible Assets (tables)
Income Taxes
Income Taxes (details)
Income Taxes (policies)
Income Taxes (tables)
Leases
Leases (details)
Leases (policies)
Leases (tables)
New Accounting Pronouncements
Organization And Summary Of Significant Accounting Policies
Organization And Summary Of Significant Accounting Policies (details)
Organization And Summary Of Significant Accounting Policies (policies)
Organization And Summary Of Significant Accounting Policies (tables)
Property, Plant And Equipment
Property, Plant And Equipment (details)
Property, Plant And Equipment (policies)
Property, Plant And Equipment (tables)
Rate Matters
Rate Matters - East Companies (details)
Rate Matters - West Companies (details)
Rate Matters Rate Matters (tables)
Related Party Transactions
Related Party Transactions (details)
Related Party Transactions (tables)
Stock-based Compensation
Stock-based Compensation (details)
Stock-based Compensation (policies)
Stock-based Compensation (tables)
Unaudited Quarterly Financial Information
Unaudited Quarterly Financial Information (details)
Unaudited Quarterly Financial Information (tables)
Variable Interest Entities
Variable Interest Entities (details)
Variable Interest Entities (policies)
Variable Interest Entities (tables)

Material Contracts, Statements, Certifications & more

American Electric Power Co Inc provided additional information to their SEC Filing as exhibits

Exhibit 10.H: Aep Retainer Deferral Plan
Exhibit 10.I: Aep Stock Unit Accumulation Plan
Exhibit 12: Computation Of Ratios - Aep
Exhibit 12: Computation Of Ratios - Apco
Exhibit 12: Computation Of Ratios - I&Amp;M
Exhibit 12: Computation Of Ratios - Opco
Exhibit 12: Computation Of Ratios - Pso
Exhibit 12: Computation Of Ratios - Swepco
Exhibit 13: Annual Report
Exhibit 21: Subsidiaries Of Aep
Exhibit 23: Consent Of Deloitte &Amp; Touche - Aep
Exhibit 23: Consent Of Deloitte &Amp; Touche - Apco
Exhibit 23: Consent Of Deloitte &Amp; Touche - I&Amp;M
Exhibit 23: Consent Of Deloitte &Amp; Touche - Opco
Exhibit 23: Consent Of Deloitte &Amp; Touche - Swepco
Exhibit 24: Power Of Attorney - Aep
Exhibit 24: Power Of Attorney - Apco
Exhibit 24: Power Of Attorney - I&Amp;M
Exhibit 24: Power Of Attorney - Opco
Exhibit 24: Power Of Attorney - Pso
Exhibit 24: Power Of Attorney - Swepco
Exhibit 31.A: 301 Certification Of Ceo (Sox) - Aep
Exhibit 31.A: 301 Certification Of Ceo (Sox) - Apco
Exhibit 31.A: 301 Certification Of Ceo (Sox) - I&Amp;M
Exhibit 31.A: 301 Certification Of Ceo (Sox) - Opco
Exhibit 31.A: 301 Certification Of Ceo (Sox) - Pso
Exhibit 31.A: 301 Certification Of Ceo (Sox) - Swepco
Exhibit 31.B: 302 Certification Of Cfo (Sox) - Aep
Exhibit 31.B: 302 Certification Of Cfo (Sox) - Apco
Exhibit 31.B: 302 Certification Of Cfo (Sox) - I&Amp;M
Exhibit 31.B: 302 Certification Of Cfo (Sox) - Opco
Exhibit 31.B: 302 Certification Of Cfo (Sox) - Pso
Exhibit 31.B: 302 Certification Of Cfo (Sox) - Swepco
Exhibit 32.A: 1350 Certification Of Ceo - Aep
Exhibit 32.A: 1350 Certification Of Ceo - Apco
Exhibit 32.A: 1350 Certification Of Ceo - I&Amp;M
Exhibit 32.A: 1350 Certification Of Ceo - Opco
Exhibit 32.A: 1350 Certification Of Ceo - Pso
Exhibit 32.A: 1350 Certification Of Ceo - Swepco
Exhibit 32.B: 1350 Certification Of Cfo - Aep
Exhibit 32.B: 1350 Certification Of Cfo - Apco
Exhibit 32.B: 1350 Certification Of Cfo - I&Amp;M
Exhibit 32.B: 1350 Certification Of Cfo - Opco
Exhibit 32.B: 1350 Certification Of Cfo - Pso
Exhibit 32.B: 1350 Certification Of Cfo - Swepco
Exhibit 95: Mine Safety Disclosure
Ticker: AEP
CIK: 4904
Form Type: 10-K Annual Report
Accession Number: 0000004904-17-000019
Submitted to the SEC: Mon Feb 27 2017 6:59:56 PM EST
Accepted by the SEC: Tue Feb 28 2017
Period: Saturday, December 31, 2016
Industry: Electric Services

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