| | Business Summary | | Kansas
City
Power
&
Light
Company
(KCPL)
engages
in
the
generation,
transmission,
distribution
and
sale
of
electricity
to
approximately
467,000
customers
located
in
all
or
portions
of
22
counties
in
western
Missouri
and
eastern
Kansas.
Customers
include
approximately
413,000
residences,
51,000
commercial
firms
and
3,000
industrials,
municipalities
and
other
electric
utilities.
KCPL
also
owns
unregulated
subsidiaries.
KLT
Inc.
holds
interests
in
telecommunications,
natural
gas
development
and
production,
energy
services
and
affordable
housing
limited
partnerships.
Home
Service
Solutions
Inc.
(HSS)
holds
interests
in
companies
providing
products
and
services
solutions
to
residential
customers.
KCPL
has
also
formed
an
unregulated
generation
company
that
will
acquire
additional
generation
for
sales
to
wholesale
markets. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Kansas
City
Power
and
Light
is
a
medium-sized
utility
involved
in
the
generation,
transmission,
distribution,
and
sale
of
electricity
to
over
467,000
customers
in
western
Missouri
and
eastern
Kansas.
For
the
six
months
ended
6/30/01,
revenues
increased
30%
to
$636.2
million.
Net
income
before
extraordinary
items
and
accounting
change
applicable
to
Common
rose
22%
to
$32.4
million.
Results
reflect
higher
retail
sales,
partially
offset
by
increased
purchase
power
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bernard Beaudoin, 60
Chairman,
Pres, CEO | $521K | -- | Andrea Bielsker, 42
CFO,
VP-Fin., Treasurer | -- | -- | William Downey, 55
Exec.
VP - KCPL and Pres - KCPL Delivery | -- | -- | Marcus Jackson, 48
Exec.
VP - KCPL and Pres of KCPL Power | 392K | $55K | Ronald Wasson, 56
Exec.
VP, KCPL and Chairman - KLT Inc. | 470K | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/k/klt.gif)