The rating on KCP&L Greater Missouri Operations Co. (GMO) reflects Great Plains Energy Inc.'s consolidated credit profile. The ratings also reflect the company's excellent business risk profile and aggressive financial risk profile. Great Plains' subsidiaries include Kansas City Power and Light Co. (KCP&L) and GMO. As of June 30, 2010, the Kansas City-based Great Plains had about $3.9 billion of total debt outstanding. The excellent business risk profile reflects the company's electric utility regulated strategy. KCP&L and GMO are integrated rate-regulated electric utilities that serve about 820,000 customers in Missouri and Kansas and operate approximately 6,000 MW of electric generation, of which about 80% of the energy generated is from coal and 17% is from nuclear. We assess the Missouri
