EXELON CORPORATION

Exelon Corporation SEC 10-K Analysis

Table of Contents

Introduction3

Company Information3

SEC 10-K Analysis3

Highlights from SEC 10-K4

Exelon Ratio Analysis5

Liquidity Ratios5

Profitability Ratios6

Asset Turnover Ratio7

Capital Structure Ratios7

Competitor Analysis8

Conclusion9

References10

Appendix11

Appendix A11

Appendix B12

Appendix C14

Exelon Corporation SEC 10-K Analysis

Introduction

An SEC 10-K annual report of a company is useful in understanding and analyzing its market, productive and financial performance. The most important instrument in financial communication is overwhelmed, but not hopeless. More and more extensive demands of various stakeholders lead the annual report in its current form to its limits. Already, many an annual report shows overweight and clumsy. In order to meet increasingly complex requirements in the future operate, it must be multimedia and the individual needs of its target groups. The annual report is considered the most important tool in corporate communication. But it gets increasingly under pressure from all sides.

Company Information

Exelon is a utility services holding company, involved in energy generation and delivery. It generates markets, transmits, and distributes electricity; and also distributes natural gas. Exelon primarily operates in the US. In 2011, Exelon's operating and financial performance earned the shareholders $2.495 billion. The merger of Exelon with Constellation will make Exelon a truly national company.

Philadelphia Suburban-Counties Gas & Electric Co. was incorporated in Pennsylvania on May 3, 1927 by merger of The Counties Gas & Electric Co., Philadelphia Suburban Gas & Electric Co. and sixteen smaller gas and electric companies, all of which were supplying electric or gas service or both in southeastern Pennsylvania outside of Philadelphia. The other companies included in the merger comprising the present company were incorporated in Pennsylvania on May 10, 1927.

Further in August 2011, Exelon Nuclear Partners announced the appointment of a new locally-based China representative meant to work closely with China's leading nuclear power operating companies to support Exelon's ongoing cooperative and commercial opportunities. This was Exelon's first step to expand local presence in China. In the same month, Exelon completed the acquisition of Wolf Hollow, a combined-cycle natural gas-fired power plant. With the acquisition the company added 720 MW to its portfolio in the competitive Electric Reliability Council of Texas (ERCOT) power market.

In August 2012, Exelon sold its three Maryland-based coal-fired power plants to Raven Power Holdings, fulfilling its commitment as part of its merger with Constellation. The three plants include two units of coal, three units of coal and oil, and five of coal, natural gas, and oil. In the same month, Exelon completed the sale of its ownership share of five California power plants comprising a total capacity of 70 MW of generation to Tokyo-based IHI Corporation. Three of the stations are biomass and two are coal.

SEC 10-K Analysis

There is no doubt that the financial statements / reports are important in analyzing a company's success, both internally and externally. Financial reports and accounts are a source of information for those wishing to evaluate their effectiveness. This appointment is therefore determined that the annual report is one of the methods we use to analyze the performance, but this is not the only ...