Understanding Our Form 10-K Part I :: Part II Part II: Our Financial Performance Part II contains management's discussion of our results of operations and financial condition. It compares 2003 results to 2002, and 2002 results to 2001. The sections in Part II include: Introductory Items - the basics. Management's Discussion and Analysis - the context. Financial Statements - the numbers. Notes to the Financial Statements - the details. Introductory Items The basics. Here's information about our common stock, prices and dividends, and historical financial data. Click here. Management's Discussion and Analysis The context. Our management discusses in detail the financial results and condition of our company ... and the way we manage our business. Click here. Our Financial Statements The numbers. We provide separate financial statements for Constellation Energy and Baltimore Gas and Electric. This section also includes our management and auditors reports on our financial information. Click here. Notes to Our Financial Statements The details. We explain the processes, events, actions, projects, issues and specifics that produce the amounts reflected in our financial statements. Click here.