ameren 2003_am_ar_narrative

The document summarizes key events and financial data from Ameren Corporation's 2003 annual report. It highlights how the company responded effectively to severe storms in May and the East Coast blackout in August. It also discusses the company's leadership transition from Charles Mueller to Gary Rainwater as CEO and its focus on reliable electric and gas service, low rates, and financial discipline over growth. The acquisition of Illinois Power is also announced as continuing the strategy of expanding in its core midwestern markets.