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## AEP TEXAS INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME For the Years Ended December 31, 2020, 2019 and 2018 (in millions) 

<img src='content_image/1048692.jpg'>

The common stock of AEP Texas is wholly-owned by Parent. 

See Notes to Financial Statements of Registrants beginning on page 229. 

