8-KExhibits & Filings

Duke Energy CORP 8-K Report, Exhibit Filing (Apr 1, 2011)

Filed April 1, 2011For Securities:DUKDUKBDUK-PA

Summary

This Form 8-K filing from Duke Energy Corporation (DUK) on April 1, 2011, primarily serves to provide updated financial information related to its proposed merger with Progress Energy, Inc. The filing includes the consolidated financial statements and related schedules for Progress Energy, Inc. for the fiscal years ending December 31, 2010, 2009, and 2008. Additionally, it incorporates by reference unaudited pro forma condensed combined consolidated financial information, which was previously included in Duke Energy's Form S-4 registration statement filed on March 17, 2011. For investors, this filing is crucial as it offers detailed financial data for the target company, Progress Energy, and projected combined financial scenarios. This information is essential for evaluating the potential financial impact and synergies of the proposed merger, allowing investors to make more informed decisions regarding their holdings in Duke Energy.

Key Highlights

  • 1Filing provides consolidated financial statements of Progress Energy, Inc. for FY 2010, 2009, and 2008.
  • 2Includes related consolidated financial statement schedules for Progress Energy, Inc.
  • 3Incorporates unaudited pro forma condensed combined consolidated financial information.
  • 4Pro forma information was previously filed in Duke Energy's Form S-4 registration statement on March 17, 2011.
  • 5Exhibit 99.1 contains the audited financial statements and schedules of Progress Energy, Inc.
  • 6Exhibit 99.2 contains the unaudited pro forma condensed combined consolidated financial information.
  • 7The filing is in connection with the proposed merger between Duke Energy Corporation and Progress Energy, Inc., announced January 8, 2011.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide updated financial information related to Duke Energy's proposed merger with Progress Energy, Inc. It includes financial statements of Progress Energy and pro forma combined financial information.

The audited consolidated financial statements and related consolidated financial statement schedule for Progress Energy, Inc. for the fiscal years ended December 31, 2010, 2009, and 2008 are included as Exhibit 99.1 to this Form 8-K filing.

The unaudited pro forma condensed combined consolidated financial information presents a hypothetical financial picture of Duke Energy and Progress Energy as if the merger had already occurred. This information was previously included in Duke Energy's Form S-4 registration statement filed on March 17, 2011, and portions are included as Exhibit 99.2 to this filing.

No, this filing does not provide new financial results for Duke Energy itself. It refers investors to Duke Energy's Annual Report on Form 10-K filed on February 25, 2011, for its consolidated financial statements as of and for the fiscal year ended December 31, 2010.