| Business Summary | | The
AES
Corporation
is
a
global
power
company
that
participates
primarily
in
two
related
lines
of
business,
electricity
generation
and
distribution.
The
Company's
electricity
generation
business
is
characterized
by
sales
from
its
power
plants
to
non-affiliated
wholesale
customers
(generally
electric
utilities,
regional
electric
companies,
electricity
marketers
and
traders
or
wholesale
commodity
markets
known
as
"power
pools")
for
further
resale
to
end
users.
AES'
distribution
business
is
characterized
by
sales
of
electricity
directly
to
end
users
such
as
commercial,
industrial,
governmental
and
residential
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
AES
Corp.
operates
and
owns
a
diverse
portfolio
of
electric
power
plants
with
a
total
capacity
of
42,133
megawatts.
For
the
six
months
ended
6/30/01,
revenues
rose
38%
to
$4.76
billion.
Net
income
before
extraordinary
items
fell
47%
to
$218
million.
Revenues
reflect
the
strong
results
from
the
newly
acquired
distribution
businesses.
Earnings
were
offset
by
higher
percentage
of
the
Company's
operation
being
derived
from
the
distribution
business
which
carries
lower
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Roger Sant, 69 Chairman | -- | -- | Dennis Bakke, 55 Pres,
CEO | -- | $12.8M | Barry Sharp, 41 CFO,
Exec. VP | $585K | 7.6M | Mark Fitzpatrick, 50 Exec.
VP | -- | -- | Paul Hanrahan, 43 Exec.
VP | 558K | 2.3M | 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
|
|