Consolidated Statement of Common Shareholders' Equity Consolidated Edison, Inc. The accompanying notes are an integral part of these financial statements. 52 Con Edison Annual Report 2003 Accumulated Additional Capital Other Common Stock  Paid- Retained Treasury Stock Stock Comprehensive (Million of Dollars) Shares Amount In Capital Ear nings Shares Amount Expense Income/(Loss) Total Balance as of  December 31, 2000 212,027,131 $24 $1,458 $5,041 23,460,963 $(1,013) $(36) $ (2) $5,472  Net income for common stock 682  682  Common stock dividends (466) (466) Issuance of common shares -  employee stock plan 230,113 (6) (230,113) 11 5  Other comprehensive income/(loss) (27) (27) Balance as of  December 31, 2001 212,257,244 $24 $1,458 $5,251 23,230,850 $(1,002) $(36) $(29) $5,666  Net income for common stock 646  646  Common stock dividends (473) (473) Issuance of common shares - dividend reinvestment and employee stock plans 1,675,690 69  (4) (20,150) 1  66  Other comprehensive  income/(loss) 16 16  Balance as of  December 31, 2002 213,932,934 $24 $1,527 $5,420 23,210,700 $(1,001) $(36) $(13) $5,921  Net income for common stock 528 528  Common stock dividends (492) (492) Issuance of common shares -  public offering 9,570,000  1  380  (3) 378  Issuance of common shares -  dividend reinvestment and employee stock plans 2,337,286  96  (5) 91  Other comprehensive  income/(loss) (3) (3) Balance as of  December 31, 2003 225,840,220 $25 $2,003 $5,451 23,210,700 $(1,001) $(39) $(16) $6,423