This paper describes a highly flexible computerized method of calculating operating data in a power cycle. The computerized method presented here permits the study of steam, gas and combined plants. Its flexibility is not restricted by any defined cycle scheme. A power plant consists of simple elements (turbine, compressor combustor chamber, pump, etc.). Each power plant component is represented by its typical equations relating to fundamental mechanical and thermodynamic laws, so a power plant system is represented by algebraic equations, which are the typical equations of components, continuity equations, and data concerning plant conditions. This equation system is not linear, but can be reduced to a linear equation system with variable coefficients. The solution is simultaneous for each component and it is determined by an iterative process. An example of a simple gas turbine cycle demonstrates the applied technique. This. paper also presents the user interface based on MS-Windows(1). The input data, the results, and any characteristic parameters of a complex cycle scheme are also shown.