FirstEnergy amends its financial reports
AKRON (AP) -- FirstEnergy Corp. filed amended financial reports Thursday, correcting typographical and math mistakes that changed some previous statements by millions of dollars.
The Akron-based utility is at the center of the investigation into the nation's worst blackout, which began Aug. 14.
Some of the errors were in the 2002 annual statement. One item, a reference to a decrease in net income of $404.2 million, should have read $392.2 million.
In a table as part of the 2002 document, net income change for regulated services should have reported a decrease of $114.3 million, instead of a $103.7 million decrease.
FirstEnergy previously restated results for 2002, the first quarter of 2003, and results for its Cleveland Electric Illuminating and Toledo Edison utilities in 2000 and 2001.
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