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Interim Financial Statements</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">(PPL, PPL Energy Supply, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">PPL Electric</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">, LKE, LG&amp;E and KU</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">)</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Capitalized t</font><font style="font-family:Times New Roman;font-size:10pt;">erms and abbreviations appearing in </font><font style="font-family:Times New Roman;font-size:10pt;">the unaudited combined notes to c</font><font style="font-family:Times New Roman;font-size:10pt;">ondensed </font><font style="font-family:Times New Roman;font-size:10pt;">f</font><font style="font-family:Times New Roman;font-size:10pt;">inancial </font><font style="font-family:Times New Roman;font-size:10pt;">s</font><font style="font-family:Times New Roman;font-size:10pt;">tatements are </font><font style="font-family:Times New Roman;font-size:10pt;">defined</font><font style="font-family:Times New Roman;font-size:10pt;"> in the glossary. Dollars are in millions, except per share data, unless otherwise noted. </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. for interim financial information and with the instructions to Form 10-Q and Article&#160;10 of Regulation S-X and, therefore, do not include all of the information and footnotes required by accounting principles generally accepted in the U.S. for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation in accordance with accounting principles generally accepted in the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> are reflected in the condensed financial statements. All adjustments are of a normal recurring nature, except as otherwise disclosed. 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margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Basic EPS is computed by dividing income available to PPL common shareowners by the weighted-average number of common shares outstanding during the period. 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In </font><font style="font-family:Times New Roman;font-size:10pt;">2012</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">2011</font><font style="font-family:Times New Roman;font-size:10pt;">, these securities included stock options and performance units granted under incentive compensation plans. </font><font style="font-family:Times New Roman;font-size:10pt;">Additionally, the Purchase Contracts associated with the Equity Units will be dilutive under the treasury stock method if the average VWAP of PPL's common stock for a certain period exceeds approximately $30.99 and $28.80</font><font style="font-family:Times New Roman;font-size:10pt;">, for the 2011 and 2010 Purchase Contracts</font><font style="font-family:Times New Roman;font-size:10pt;">. 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margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 12px"><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 15px; text-align:center;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 483px; text-align:center;border-color:#000000;min-width:483px;">&#160;</td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2012</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;">&#160;</td><td colspan="2" style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td></tr><tr style="height: 12px"><td colspan="4" style="width: 508px; 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