OMB No.1902-0029
(Expires 12/31/2014)

Form 3-Q Approved
OMB No.1902-0205
(Expires 05/31/2014)

FERC FINANCIAL REPORT

FERC FORM No. 1: Annual Report of
Major Electric Utilities, Licensees
and Others and Supplemental Form 3-Q: Quarterly Financial Report

These reports are mandatory under the Federal Power Act, Sections 3, 4(a), 304 and 309, and

18 CFR 141.1 and 141.400. Failure to report may result in criminal fines, civil penalties and other sanctions as provided by law. The Federal Energy Regulatory Commission does not consider these reports to be of confidential nature

Exact Legal Name of Respondent (Company)Year/Period of Report

New York Independent System OperatorEnd of2013/Q1

FERC FORM No.1/3-Q (REV. 02-04)

INSTRUCTIONS FOR FILING FERC FORM NOS. 1 and 3-Q
GENERAL INFORMATION

I.Purpose

FERC Form No. 1 (FERC Form 1) is an annual regulatory requirement for Major electric utilities, licensees and others
(18 C.F.R. § 141.1). FERC Form No. 3-Q ( FERC Form 3-Q)is a quarterly regulatory requirement which supplements the
annual financial reporting requirement (18 C.F.R. § 141.400). These reports are designed to collect financial and
operational information from electric utilities, licensees and others subject to the jurisdiction of the Federal Energy

Regulatory Commission. These reports are also considered to be non-confidential public use forms.

II.Who Must Submit

Each Major electric utility, licensee, or other, as classified in the Commission’s Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power Act (18 C.F.R. Part 101), must submit FERC Form 1 (18 C.F.R. § 141.1), and FERC Form 3-Q (18 C.F.R. § 141.400).

Note: Major means having, in each of the three previous calendar years, sales or transmission service that exceeds one of the following:

(1) one million megawatt hours of total annual sales,

(2) 100 megawatt hours of annual sales for resale,

(3) 500 megawatt hours of annual power exchanges delivered, or

(4) 500 megawatt hours of annual wheeling for others (deliveries plus losses).

III.What and Where to Submit

(a) Submit FERC Forms 1 and 3-Q electronically through the forms submission software. Retain one copy of each report
for your files. Any electronic submission must be created by using the forms submission software provided free by the

Commission at its web site: http://www.ferc.gov/docs-filing/eforms/form-1/elec-subm-soft.asp. The software is
used to submit the electronic filing to the Commission via the Internet.

(b) The Corporate Officer Certification must be submitted electronically as part of the FERC Forms 1 and 3-Q filings.

(c) Submit immediately upon publication, by either eFiling or mail, two (2) copies to the Secretary of the Commission, the latest Annual Report to Stockholders. Unless eFiling the Annual Report to Stockholders, mail the stockholders report to the Secretary of the Commission at:

Secretary

Federal Energy Regulatory Commission 888 First Street, NE

Washington, DC 20426

(d)For the CPA Certification Statement, submit within 30 days after filing the FERC Form 1, a letter or report (not

applicable to filers classified as Class C or Class D prior to January 1, 1984). The CPA Certification Statement can be

either eFiled or mailed to the Secretary of the Commission at the address above.

FERC FORM 1 & 3-Q (ED. 03-07)i

The CPA Certification Statement should:

a) Attest to the conformity, in all material aspects, of the below listed (schedules and pages) with the

Commission's applicable Uniform System of Accounts (including applicable notes relating thereto and the Chief Accountant's published accounting releases), and

b)Be signed by independent certified public accountants or an independent licensed public accountant

certified or licensed by a regulatory authority of a State or other political subdivision of the U. S. (See 18

C.F.R. §§ 41.10-41.12 for specific qualifications.)

Reference SchedulesPages

Comparative Balance Sheet110-113

Statement of Income114-117

Statement of Retained Earnings118-119

Statement of Cash Flows120-121

Notes to Financial Statements122-123

e) The following format must be used for the CPA Certification Statement unless unusual circumstances or conditions,

explained in the letter or report, demand that it be varied. Insert parenthetical phrases only when exceptions are

reported.

“In connection with our regular examination of the financial statements offor the year ended on which we have

reported separately under date of, we have also reviewed schedules

of FERC Form No. 1 for the year filed with the Federal Energy Regulatory Commission, for

conformity in all material respects with the requirements of the Federal Energy Regulatory Commission as set forth in its
applicable Uniform System of Accounts and published accounting releases. Our review for this purpose included such

tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.

Based on our review, in our opinion the accompanying schedules identified in the preceding paragraph
(except as noted below) conform in all material respects with the accounting requirements of the Federal Energy
Regulatory Commission as set forth in its applicable Uniform System of Accounts and published accounting releases.”

The letter or report must state which, if any, of the pages above do not conform to the Commission’s requirements. Describe the discrepancies that exist.

(f) Filers are encouraged to file their Annual Report to Stockholders, and the CPA Certification Statement using eFiling.
To further that effort, new selections, “Annual Report to Stockholders,” and “CPA Certification Statement” have been
added to the dropdown “pick list” from which companies must choose when eFiling. Further instructions are found on the

Commission’s website at http://www.ferc.gov/help/how-to.asp.

(g) Federal, State and Local Governments and other authorized users may obtain additional blank copies of
FERC Form 1 and 3-Q free of charge from http://www.ferc.gov/docs-filing/eforms/form-1/form-1.pdf and
http://www.ferc.gov/docs-filing/eforms.asp#3Q-gas .

IV. When to Submit:

FERC Forms 1 and 3-Q must be filed by the following schedule:

FERC FORM 1 & 3-Q (ED. 03-07)ii

a) FERC Form 1 for each year ending December 31 must be filed by April 18th of the following year (18 CFR § 141.1), and

b) FERC Form 3-Q for each calendar quarter must be filed within 60 days after the reporting quarter (18 C.F.R. § 141.400).

V. Where to Send Comments on Public Reporting Burden.

The public reporting burden for the FERC Form 1 collection of information is estimated to average 1,144

hours per response, including the time for reviewing instructions, searching existing data sources, gathering and

maintaining the data-needed, and completing and reviewing the collection of information. The public reporting burden for the FERC Form 3-Q collection of information is estimated to average 150 hours per response.

Send comments regarding these burden estimates or any aspect of these collections of information, including suggestions for reducing burden, to the Federal Energy Regulatory Commission, 888 First Street NE, Washington, DC
20426 (Attention: Information Clearance Officer); and to the Office of Information and Regulatory Affairs, Office of
Management and Budget, Washington, DC 20503 (Attention: Desk Officer for the Federal Energy Regulatory
Commission). No person shall be subject to any penalty if any collection of information does not display a valid control
number (44 U.S.C. § 3512 (a)).

FERC FORM 1 & 3-Q (ED. 03-07)iii

GENERAL INSTRUCTIONS

I.Prepare this report in conformity with the Uniform System of Accounts (18 CFR Part 101) (USofA). Interpret

all accounting words and phrases in accordance with the USofA.

II. Enter in whole numbers (dollars or MWH) only, except where otherwise noted. (Enter cents for averages and figures per unit where cents are important. The truncating of cents is allowed except on the four basic financial statements where rounding is required.) The amounts shown on all supporting pages must agree with the amounts entered on the
statements that they support. When applying thresholds to determine significance for reporting purposes, use for balance sheet accounts the balances at the end of the current reporting period, and use for statement of income accounts the
current year's year to date amounts.

IIIComplete each question fully and accurately, even if it has been answered in a previous report. Enter the

word "None" where it truly and completely states the fact.

IV.For any page(s) that is not applicable to the respondent, omit the page(s) and enter "NA," "NONE," or "Not

Applicable" in column (d) on the List of Schedules, pages 2 and 3.

V. Enter the month, day, and year for all dates. Use customary abbreviations. The "Date of Report" included in the header of each page is to be completed only for resubmissions (see VII. below).

VI. Generally, except for certain schedules, all numbers, whether they are expected to be debits or credits, must be reported as positive. Numbers having a sign that is different from the expected sign must be reported by enclosing the numbers in parentheses.

VIIFor any resubmissions, submit the electronic filing using the form submission software only. Please explain

the reason for the resubmission in a footnote to the data field.

VIII.Do not make references to reports of previous periods/years or to other reports in lieu of required entries,

except as specifically authorized.

IX. Wherever (schedule) pages refer to figures from a previous period/year, the figures reported must be based upon those shown by the report of the previous period/year, or an appropriate explanation given as to why the different
figures were used.

Definitions for statistical classifications used for completing schedules for transmission system reporting are as follows:

FNS - Firm Network Transmission Service for Self. "Firm" means service that can not be interrupted for economic reasons and is intended to remain reliable even under adverse conditions. "Network Service" is Network Transmission Service as described in Order No. 888 and the Open Access Transmission Tariff. "Self" means the respondent.

FNO - Firm Network Service for Others. "Firm" means that service cannot be interrupted for economic reasons and is intended to remain reliable even under adverse conditions. "Network Service" is Network Transmission Service as described in Order No. 888 and the Open Access Transmission Tariff.

LFP - for Long-Term Firm Point-to-Point Transmission Reservations. "Long-Term" means one year or longer and” firm" means that service cannot be interrupted for economic reasons and is intended to remain reliable even under adverse conditions. "Point-to-Point Transmission Reservations" are described in Order No. 888 and the Open Access
Transmission Tariff. For all transactions identified as LFP, provide in a footnote the

FERC FORM 1 & 3-Q (ED. 03-07)iv

termination date of the contract defined as the earliest date either buyer or seller can unilaterally cancel the contract.

OLF - Other Long-Term Firm Transmission Service. Report service provided under contracts which do not conform to the terms of the Open Access Transmission Tariff. "Long-Term" means one year or longer and “firm” means that service
cannot be interrupted for economic reasons and is intended to remain reliable even under adverse conditions. For all
transactions identified as OLF, provide in a footnote the termination date of the contract defined as the earliest date either buyer or seller can unilaterally get out of the contract.

SFP - Short-Term Firm Point-to-Point Transmission Reservations. Use this classification for all firm point-to-point transmission reservations, where the duration of each period of reservation is less than one-year.

NF - Non-Firm Transmission Service, where firm means that service cannot be interrupted for economic reasons and is intended to remain reliable even under adverse conditions.

OS - Other Transmission Service. Use this classification only for those services which can not be placed in the

above-mentioned classifications, such as all other service regardless of the length of the contract and service FERC Form. Describe the type of service in a footnote for each entry.

AD - Out-of-Period Adjustments. Use this code for any accounting adjustments or "true-ups" for service provided in prior reporting periods. Provide an explanation in a footnote for each adjustment.

DEFINITIONS

I. Commission Authorization (Comm. Auth.) -- The authorization of the Federal Energy Regulatory Commission, or any other Commission. Name the commission whose authorization was obtained and give date of the authorization.

II. Respondent -- The person, corporation, licensee, agency, authority, or other Legal entity or instrumentality in whose behalf the report is made.

FERC FORM 1 & 3-Q (ED. 03-07)v

EXCERPTS FROM THE LAW

Federal Power Act, 16 U.S.C. § 791a-825r

Sec. 3. The words defined in this section shall have the following meanings for purposes of this Act, to with:

(3) ’Corporation' means any corporation, joint-stock company, partnership, association, business trust, organized group of persons, whether incorporated or not, or a receiver or receivers, trustee or trustees of any of the foregoing. It shall not include 'municipalities, as hereinafter defined;

(4) 'Person' means an individual or a corporation;

(5) 'Licensee, means any person, State, or municipality Licensed under the provisions of section 4 of this Act, and any assignee or successor in interest thereof;

(7) 'municipality means a city, county, irrigation district, drainage district, or other political subdivision or

agency of a State competent under the Laws thereof to carry and the business of developing, transmitting, unitizing, or distributing power;

(11) "project' means. a complete unit of improvement or development, consisting of a power house, all water conduits, all dams and appurtenant works and structures (including navigation structures) which are a part of said unit, and all storage, diverting, or fore bay reservoirs directly connected therewith, the primary line or lines transmitting power there from to the point of junction with the distribution system or with the interconnected primary transmission system, all
miscellaneous structures used and useful in connection with said unit or any part thereof, and all water rights,
rights-of-way, ditches, dams, reservoirs, Lands, or interest in Lands the use and occupancy of which are necessary or
appropriate in the maintenance and operation of such unit;

"Sec. 4. The Commission is hereby authorized and empowered

(a) To make investigations and to collect and record data concerning the utilization of the water 'resources of any region to be developed, the water-power industry and its relation to other industries and to interstate or foreign commerce, and
concerning the location, capacity, development -costs, and relation to markets of power sites; ... to the extent the
Commission may deem necessary or useful for the purposes of this Act."

"Sec. 304. (a) Every Licensee and every public utility shall file with the Commission such annual and other periodic or

special* reports as the Commission may be rules and regulations or other prescribe as necessary or appropriate to assist
the Commission in the -proper administration of this Act. The Commission may prescribe the manner and FERC Form in
which such reports salt be made, and require from such persons specific answers to all questions upon which the
Commission may need information. The Commission may require that such reports shall include, among other things, full
information as to assets and Liabilities, capitalization, net investment, and reduction thereof, gross receipts, interest due
and paid, depreciation, and other reserves, cost of project and other facilities, cost of maintenance and operation of the
project and other facilities, cost of renewals and replacement of the project works and other facilities, depreciation,
generation, transmission, distribution, delivery, use, and sale of electric energy. The Commission may require any such
person to make adequate provision for currently determining such costs and other facts. Such reports shall be made under oath unless the Commission otherwise specifies*.10

FERC FORM 1 & 3-Q (ED. 03-07)vi

"Sec. 309. The Commission shall have power to perform any and all acts, and to prescribe, issue, make, and rescind such orders, rules and regulations as it may find necessary or appropriate to carry out the provisions of this Act. Among other things, such rules and regulations may define accounting, technical, and trade terms used in this Act; and may prescribe the FERC Form or FERC Forms of all statements, declarations, applications, and reports to be filed with the Commission, the information which they shall contain, and the time within which they shall be field..."

General Penalties

The Commission may assess up to $1 million per day per violation of its rules and regulations. See FPA § 316(a) (2005), 16 U.S.C. § 825o(a).

FERC FORM 1 & 3-Q (ED. 03-07)vii

QUARTERLY CORPORATE OFFICER CERTIFICATION

The undersigned officer certifies that:

I have examined this report and to the best of my knowledge, information, and belief all statements of fact contained in this report are correct statements of the business affairs of the respondent and the financial statements, and other financial information contained in this report, conform in all material respects to the Uniform System of Accounts.

01 Name03 Signature04 Date Signed

Cheryl L. Hussey(Mo, Da, Yr)

02 Title

Acting Chief Financial OfficerCheryl L. Hussey05/30/2013

Title 18, U.S.C. 1001 makes it a crime for any person to knowingly and willingly to make to any Agency or Department of the United States any

false, fictitious or fraudulent statements as to any matter within its jurisdiction.

FERC FORM No.1/3-Q (REV. 02-04)

Page 1

certain pages. Omit pages where the respondents are "none," "not applicable," or "NA".

LineTitle of ScheduleReferenceRemarks

No.Page No.

(a)(b)(c)

1Important Changes During the Quarter108-109

2Comparative Balance Sheet110-113

3Statement of Income for the Quarter114-117

4Statement of Retained Earnings for the Quarter118-119N/A

5Statement of Cash Flows120-121

6Notes to Financial Statements122-123

7Statement of Accum Comp Income, Comp Income, and Hedging Activities122 (a)(b)N/A

8Summary of Utility Plant & Accumulated Provisions for Dep, Amort & Dep200-201

9Electric Plant In Service and Accum Provision For Depr by Function208

10Transmission Service and Generation Interconnection Study Costs231

11Other Regulatory Assets232

12Other Regulatory Liabilities278

13Elec Operating Revenues (Individual Schedule Lines 300-301)300-301

14Regional Transmission Service Revenues (Account 457.1)302

15Electric Prod, Other Power Supply Exp, Trans and Distrib Exp324

16Electric Customer Accts, Service, Sales, Admin and General Expenses325

17Transmission of Electricity for Others328-330N/A

18Transmission of Electricity by ISO/RTOs331

19Transmission of Electricity by Others332N/A

20Deprec, Depl and Amort of Elec Plant (403,403.1,404,and 405) (except A338

21Amounts Included in ISO/RTO Settlement Statements397N/A

22Monthly Peak Loads and Energy Output399N/A

23Monthly Transmission System Peak Load400N/A

24Monthly ISO/RTO Transmission System Peak Load400a

FERC FORM NO. 1 (ED. 12-96)

Page

Name of RespondentThis Report Is:Date of ReportYear/Period of Report

New York Independent System Operator(1)XAn OriginalEnd of2013/Q1

(2)A Resubmission05/30/2013

IMPORTANT CHANGES DURING THE QUARTER/YEAR

Give particulars (details) concerning the matters indicated below. Make the statements explicit and precise, and number them in
accordance with the inquiries. Each inquiry should be answered. Enter "none," "not applicable," or "NA" where applicable. If
information which answers an inquiry is given elsewhere in the report, make a reference to the schedule in which it appears.

1. Changes in and important additions to franchise rights: Describe the actual consideration given therefore and state from whom the franchise rights were acquired. If acquired without the payment of consideration, state that fact.

2. Acquisition of ownership in other companies by reorganization, merger, or consolidation with other companies: Give names of companies involved, particulars concerning the transactions, name of the Commission authorizing the transaction, and reference to Commission authorization.

3. Purchase or sale of an operating unit or system: Give a brief description of the property, and of the transactions relating thereto,

and reference to Commission authorization, if any was required. Give date journal entries called for by the Uniform System of Accounts were submitted to the Commission.

4. Important leaseholds (other than leaseholds for natural gas lands) that have been acquired or given, assigned or surrendered: Give effective dates, lengths of terms, names of parties, rents, and other condition. State name of Commission authorizing lease and give reference to such authorization.

5. Important extension or reduction of transmission or distribution system: State territory added or relinquished and date operations began or ceased and give reference to Commission authorization, if any was required. State also the approximate number of
customers added or lost and approximate annual revenues of each class of service. Each natural gas company must also state major new continuing sources of gas made available to it from purchases, development, purchase contract or otherwise, giving location and approximate total gas volumes available, period of contracts, and other parties to any such arrangements, etc.

6. Obligations incurred as a result of issuance of securities or assumption of liabilities or guarantees including issuance of short-term debt and commercial paper having a maturity of one year or less. Give reference to FERC or State Commission authorization, as appropriate, and the amount of obligation or guarantee.

7. Changes in articles of incorporation or amendments to charter: Explain the nature and purpose of such changes or amendments.

8. State the estimated annual effect and nature of any important wage scale changes during the year.

9. State briefly the status of any materially important legal proceedings pending at the end of the year, and the results of any such proceedings culminated during the year.

10. Describe briefly any materially important transactions of the respondent not disclosed elsewhere in this report in which an officer, director, security holder reported on Page 104 or 105 of the Annual Report Form No. 1, voting trustee, associated company or known associate of any of these persons was a party or in which any such person had a material interest.

11. (Reserved.)

12. If the important changes during the year relating to the respondent company appearing in the annual report to stockholders are
applicable in every respect and furnish the data required by Instructions 1 to 11 above, such notes may be included on this page.

13. Describe fully any changes in officers, directors, major security holders and voting powers of the respondent that may have occurred during the reporting period.

14. In the event that the respondent participates in a cash management program(s) and its proprietary capital ratio is less than 30

percent please describe the significant events or transactions causing the proprietary capital ratio to be less than 30 percent, and the extent to which the respondent has amounts loaned or money advanced to its parent, subsidiary, or affiliated companies through a cash management program(s). Additionally, please describe plans, if any to regain at least a 30 percent proprietary ratio.

PAGE 108 INTENTIONALLY LEFT BLANK

SEE PAGE 109 FOR REQUIRED INFORMATION.

FERC FORM NO. 1 (ED. 12-96)

Page

108

Name of RespondentThis Report is:Date of ReportYear/Period of Report

(1) X An Original(Mo, Da, Yr)

New York Independent System Operator(2)A Resubmission05/30/20132013/Q1

IMPORTANT CHANGES DURING THE QUARTER/YEAR (Continued)

FERC Form 1 - March 31 2013 -1st Quarter 2013 New York Independent System Operator, Inc.
Important Changes during the Quarter

1.None

2.None

3.Not Applicable

4.None

5.Not applicable

6.On July 21, 2010, NYISO entered into a $75 million unsecured line of credit facility to provide

funding for strategic initiatives from 2011 to 2013. This financing was approved by the New York

Public Service Commission in CASE 10-E-0160. During 2011, $25.0 million was borrowed from the unsecured credit facility, which was converted to a term loan in January 2012, payable over three years. In the calendar year 2012, an additional $25.8 million was borrowed from the unsecured credit facility, which was converted to a term loan in January 2013, payable over three years. In March
2013 an additional $4.0 million was borrowed from this facility.

On July 18, 2012, NYISO entered into an unsecured financing agreement (“2012 Infrastructure
Loan”) to renovate its facility in Guilderland, NY and to perform construction at its facility in
Rensselaer, NY. The agreement permits borrowings of up to $45.0 million through July 18, 2014. This financing was approved by the New York Public Service Commission in Case 12-E-0168. As of March 31, 2013, there was $22.4 million outstanding on the 2012 Infrastructure Loan.

7.None

8.As a whole, wages increased approximately 3% from 2012 to 2013.

9.None

10.None

11.Not applicable

12.Not applicable

13.Effective March 29, 2013, Mary McGarvey resigned as Vice President and Chief Financial Officer.

FERC FORM NO. 1 (ED. 12-96)Page 109.1

Name of RespondentThis Report is:Date of ReportYear/Period of Report

(1) X An Original(Mo, Da, Yr)

New York Independent System Operator(2)A Resubmission05/30/20132013/Q1

IMPORTANT CHANGES DURING THE QUARTER/YEAR (Continued)

Effective March 29, 2013, Cheryl Hussey, Controller and Assistant Treasurer, will serve as Acting

Chief Financial Officer

14.Not applicable

FERC FORM NO. 1 (ED. 12-96)Page 109.2

Quarterly

1. Report in column (c) the current year to date balance. Column (c) equals the total of adding the data in column (g) plus the data in column (i) plus the data in column (k). Report in column (d) similar data for the previous year. This information is reported in the annual filing only.

2. Enter in column (e) the balance for the reporting quarter and in column (f) the balance for the same three month period for the prior year.

3. Report in column (g) the quarter to date amounts for electric utility function; in column (i) the quarter to date amounts for gas utility, and in column (k) the quarter to date amounts for other utility function for the current year quarter.

4. Report in column (h) the quarter to date amounts for electric utility function; in column (j) the quarter to date amounts for gas utility, and in column (l) the quarter to date amounts for other utility function for the prior year quarter.

5. If additional columns are needed, place them in a footnote.

Annual or Quarterly if applicable

5. Do not report fourth quarter data in columns (e) and (f)

6. Report amounts for accounts 412 and 413, Revenues and Expenses from Utility Plant Leased to Others, in another utility columnin a similar manner to a utility department. Spread the amount(s) over lines 2 thru 26 as appropriate. Include these amounts in columns (c) and (d) totals.

7. Report amounts in account 414, Other Utility Operating Income, in the same manner as accounts 412 and 413 above.

LineTotalTotalCurrent 3 MonthsPrior 3 Months

No.Current Year toPrior Year toEndedEnded

(Ref.)Date Balance forDate Balance forQuarterly OnlyQuarterly Only

Title of AccountPage No.Quarter/YearQuarter/YearNo 4th QuarterNo 4th Quarter

(a)(b)(c)(d)(e)(f)

1UTILITY OPERATING INCOME

2Operating Revenues (400)300-30137,484,44537,200,48337,484,44537,200,483

3Operating Expenses

4Operation Expenses (401)320-32330,175,03529,527,27730,175,03529,527,277

5Maintenance Expenses (402)320-323616,263485,023616,263485,023

6Depreciation Expense (403)336-3375,621,4614,920,3015,621,4614,920,301

7Depreciation Expense for Asset Retirement Costs (403.1)336-337

8Amort. & Depl. of Utility Plant (404-405)336-337

9Amort. of Utility Plant Acq. Adj. (406)336-337

10Amort. Property Losses, Unrecov Plant and Regulatory Study Costs (407)

11Amort. of Conversion Expenses (407)

12Regulatory Debits (407.3)

13(Less) Regulatory Credits (407.4)

14Taxes Other Than Income Taxes (408.1)262-2631,576,7501,348,0191,576,7501,348,019

15Income Taxes - Federal (409.1)262-263

16- Other (409.1)262-263

17Provision for Deferred Income Taxes (410.1)234, 272-277

18(Less) Provision for Deferred Income Taxes-Cr. (411.1)234, 272-277

19Investment Tax Credit Adj. - Net (411.4)266

20(Less) Gains from Disp. of Utility Plant (411.6)

21Losses from Disp. of Utility Plant (411.7)3,8963,896

22(Less) Gains from Disposition of Allowances (411.8)

23Losses from Disposition of Allowances (411.9)

24Accretion Expense (411.10)

25TOTAL Utility Operating Expenses (Enter Total of lines 4 thru 24)37,989,50936,284,51637,989,50936,284,516

26Net Util Oper Inc (Enter Tot line 2 less 25) Carry to Pg117,line 27-505,064915,967-505,064915,967

FERC FORM NO. 1/3-Q (REV. 02-04)

Page 114

9. Use page 122 for important notes regarding the statement of income for any account thereof.

10. Give concise explanations concerning unsettled rate proceedings where a contingency exists such that refunds of a material amount may need to be made to the utility's customers or which may result in material refund to the utility with respect to power or gas purchases. State for each year effected the gross revenues or costs to which the contingency relates and the tax effects together with an explanation of the major factors which affect the rights of the utility to retain such revenues or recover amounts paid with respect to power or gas purchases.

11 Give concise explanations concerning significant amounts of any refunds made or received during the year resulting from settlement of any rate

proceeding affecting revenues received or costs incurred for power or gas purches, and a summary of the adjustments made to balance sheet, income, and expense accounts.

12. If any notes appearing in the report to stokholders are applicable to the Statement of Income, such notes may be included at page 122.

13. Enter on page 122 a concise explanation of only those changes in accounting methods made during the year which had an effect on net income,
including the basis of allocations and apportionments from those used in the preceding year. Also, give the appropriate dollar effect of such changes.

14. Explain in a footnote if the previous year's/quarter's figures are different from that reported in prior reports.

15. If the columns are insufficient for reporting additional utility departments, supply the appropriate account titles report the information in a footnote to this schedule.

ELECTRIC UTILITYGAS UTILITYOTHER UTILITY

Current Year to DatePrevious Year to DateCurrent Year to DatePrevious Year to DateCurrent Year to DatePrevious Year to Date Line

(in dollars)(in dollars)(in dollars)(in dollars)(in dollars)(in dollars)No.

(g)(h)(i)(j)(k)(l)

37,484,44537,200,4832

30,175,03529,527,2774

616,263485,0235

5,621,4614,920,3016

7
8
9

10
11
12
13

1,576,7501,348,01914

15
16
17
18
19
20

3,89621

22
23
24

37,989,50936,284,51625

-505,064915,96726

FERC FORM NO. 1 (ED. 12-96)

Page 115

Name of Respondent

New York Independent System Operator

Line
No.

Title of Account
(a)

This Report Is:Date of Report

(1)XAn Original(Mo, Da, Yr)

(2)A Resubmission05/30/2013
STATEMENT OF INCOME FOR THE YEAR (continued)

TOTAL

(Ref.)

Page No.Current YearPrevious Year

(b)(c)(d)

Year/Period of Report
End of 2013/Q1

Current 3 MonthsPrior 3 Months

EndedEnded

Quarterly OnlyQuarterly Only

No 4th QuarterNo 4th Quarter

(e)(f)

1. Do not report Lines 49-53 on the quarterly version.

2. Report all changes in appropriated retained earnings, unappropriated retained earnings, year to date, and unappropriated undistributed subsidiary earnings for the year.

3. Each credit and debit during the year should be identified as to the retained earnings account in which recorded (Accounts 433, 436

- 439 inclusive). Show the contra primary account affected in column (b)

4. State the purpose and amount of each reservation or appropriation of retained earnings.

5. List first account 439, Adjustments to Retained Earnings, reflecting adjustments to the opening balance of retained earnings. Follow by credit, then debit items in that order.

6. Show dividends for each class and series of capital stock.

7. Show separately the State and Federal income tax effect of items shown in account 439, Adjustments to Retained Earnings.

8. Explain in a footnote the basis for determining the amount reserved or appropriated. If such reservation or appropriation is to be
recurrent, state the number and annual amounts to be reserved or appropriated as well as the totals eventually to be accumulated.

9. If any notes appearing in the report to stockholders are applicable to this statement, include them on pages 122-123.

CurrentPrevious

Quarter/YearQuarter/Year

Contra PrimaryYear to DateYear to Date

LineItemAccount AffectedBalanceBalance

No.(a)(b)(c)(d)

UNAPPROPRIATED RETAINED EARNINGS (Account 216)

1Balance-Beginning of Period

2Changes

3Adjustments to Retained Earnings (Account 439)

5
6
7
8

9TOTAL Credits to Retained Earnings (Acct. 439)

11
12
13
14

15TOTAL Debits to Retained Earnings (Acct. 439)

16Balance Transferred from Income (Account 433 less Account 418.1)

17Appropriations of Retained Earnings (Acct. 436)

18
19
20
21

22TOTAL Appropriations of Retained Earnings (Acct. 436)

23Dividends Declared-Preferred Stock (Account 437)

25
26
27
28

29TOTAL Dividends Declared-Preferred Stock (Acct. 437)

30Dividends Declared-Common Stock (Account 438)

32
33
34
35

36TOTAL Dividends Declared-Common Stock (Acct. 438)

37Transfers from Acct 216.1, Unapprop. Undistrib. Subsidiary Earnings

38Balance - End of Period (Total 1,9,15,16,22,29,36,37)

APPROPRIATED RETAINED EARNINGS (Account 215)

FERC FORM NO. 1/3-Q (REV. 02-04)

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