Receivables (Tables)

9 Months Ended

Sep. 30, 2012

Maximum And Average Outstanding Cash Proceeds

IPL’s maximum and average outstanding cash proceeds, and costs incurred related to the sales of accounts receivable program for the three and nine months ended September 30 were as follows (in millions):



	Three Months		Nine Months
	2012	2011	2012	2011
Maximum outstanding aggregate cash proceeds (based on daily outstanding balances)	$150.0	$160.0	$160.0	$160.0
Average outstanding aggregate cash proceeds (based on daily outstanding balances)	95.0	125.4	124.2	114.0
Costs incurred	0.4	0.3	1.1	1.1

Receivables Sold Under The Agreement

The attributes of IPL’s receivables sold under the Agreement were as follows (in millions):



	September 30, 2012	December 31, 2011
Customer accounts receivable	$137.9	$122.4
Unbilled utility revenues	64.7	65.4
Other receivables	8.3	7.5
Receivables sold	210.9	195.3
Less: cash proceeds (a)	55.0	140.0
Deferred proceeds	155.9	55.3
Less: allowance for doubtful accounts	2.0	1.6
Fair value of deferred proceeds	$153.9	$53.7
Outstanding receivables past due	$16.6	$15.9


(a)	Changes in cash proceeds for the nine months ended September 30, 2012 are recorded in “Sales of accounts receivable” in operating activities in Alliant Energy’s and IPL’s Condensed Consolidated Statements of Cash Flows.

Additional Attributes Of Receivables Sold Under The Agreement

Additional attributes of IPL’s receivables sold under the Agreement for the three and nine months ended September 30 were as follows (in millions):



	Three Months		Nine Months
	2012	2011	2012	2011
Collections reinvested in receivables	$522.9	$482.3	$1,334.7	$1,367.8
Credit losses, net of recoveries	3.0	3.4	7.3	7.9