-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OK1DOo38HiFp42SwK8f/tF1m1ypl9PZLAuQXAA3y+TixekwlStstxgO7fkGKC46B VKh+i511SyR79HwKqQu6JA== 0001004858-00-000025.txt : 20000501 0001004858-00-000025.hdr.sgml : 20000501 ACCESSION NUMBER: 0001004858-00-000025 CONFORMED SUBMISSION TYPE: U-13-60 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEW CENTURY ENERGIES INC CENTRAL INDEX KEY: 0001004858 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 841334327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-13-60 SEC ACT: SEC FILE NUMBER: 049-00131 FILM NUMBER: 613795 BUSINESS ADDRESS: STREET 1: 1225 17TH ST CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: 1225 17TH ST CITY: DENVER STATE: CO ZIP: 80202 U-13-60 1 NEW CENTURY SERVICES 1/1/99-12/31/99 U-13-60 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM U-13-60 ANNUAL REPORT FOR THE PERIOD Beginning January 1, 1999 and ending December 31, 1999 TO THE U.S. SECURITIES AND EXCHANGE COMMISSION OF NEW CENTURY SERVICES, INC. (Exact Name of Reporting Company) A Subsidiary SERVICE COMPANY ("Mutual" or "Subsidiary") Date of Incorporation April 2, 1997 State or Sovereign Power under which Incorporated or Organized: Delaware Location of Principal Executive Offices of Reporting Company: Denver, Colorado Name, title, and address of officer to whom correspondence concerning this report should be addressed: Teresa S. Madden Controller 1225 17th Street Denver, CO 80202-5533 (Name) (Title) (Address) Name of Principal Holding Company Whose Subsidiaries are served by Reporting Company: NEW CENTURY ENERGIES, INC. Page 1 INSTRUCTIONS FOR USE OF FORM U-13-60 1. Time of Filing. --Rule 94 provides that on or before the first day of May in each calendar year, each mutual service company and each subsidiary service company as to which the Commission shall have made a favorable finding pursuant to Rule 88, and every service company whose application for approval or declaration pursuant to Rule 88 is pending shall file with the Commission an annual report on Form U-13-60 and in accordance with the Instructions for that form. 2. Number of Copies. --Each annual report shall be filed in duplicate. The company should prepare and retain at least one extra copy for itself in case correspondence with reference to the report becomes necessary. 3. Period Covered by Report. --The first report filed by any company shall cover the period from the date the Uniform System of Accounts was required to be made effective as to that company under Rules 82 and 93 to the end of that calendar year. Subsequent reports should cover a calendar year. 4. Report Format. --Reports shall be submitted on the forms prepared by the Commission. If the space provided on any sheet of such form is inadequate, additional sheets may be inserted of the same size as a sheet of the form or folded to each size. 5. Money Amounts Displayed. --All money amounts required to be shown in financial statements may be expressed in whole dollars, in thousands of dollars or in hundred thousands of dollars, as appropriate and subject to provisions of Regulation S-X (210.3-01(b)). 6. Deficits Displayed. --Deficits and other like entries shall be indicated by the use of either brackets or a parenthesis with corresponding reference in footnotes. (Regulation S-X,210.3-01(c)) 7. Major Amendments or Corrections. --Any company desiring to amend or correct a major omission or error in a report after it has been filed with the Commission shall submit an amended report including only those pages, schedules, and entries that are to be amended or corrected. A cover letter shall be submitted requesting the Commission to incorporate the amended report changes and shall be signed by a duly authorized officer of the company. 8. Definitions. --Definitions contained in Instruction 01-8 to the Uniform System of Accounts for Mutual Service Companies and Subsidiary Service Companies, Public Utility Holding Company Act of 1935, as amended February 2, 1979 shall be applicable to words or terms used specifically within this Form U-13-60. 9. Organization Chart. --The service company shall submit with each annual report a copy of its current organization chart. 10. Methods of Allocation. --The service company shall submit with each annual report a listing of the currently effective methods of allocation being used by the service company and on file with the Securities and Exchange Commission pursuant to the Public Utility Holding Company Act of 1935. 11. Annual Statement of Compensation for Use of Capital Billed. --The service company shall submit with each annual report a copy of the annual statement supplied to each associate company in support of the amount of compensation for use of capital billed during the calendar year. Page 2 LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS Schedule or Page Description of Schedules and Accounts Account Number Number Comparative Balance Sheets Schedule I 3-4 Service Company Property Schedule II 5 Accumulated Provision for Depreciation and Amortization of Service Company Property Schedule III 6 Investments Schedule IV 7 Accounts Receivable from Associate Companies Schedule V 8 Fuel Stock Expenses Undistributed Schedule VI 9 Stores Expense Undistributed Schedule VII 9 Miscellaneous Current and Accrued Assets Schedule VIII 10 Miscellaneous Deferred Debits Schedule IX 10 Research, Development, or Demonstration Expenditures Schedule X 10 Proprietary Capital Schedule XI 11 Long-Term Debt Schedule XII 12 Current and Accrued Liabilities Schedule XIII 13 Notes to Financial Statements Schedule XIV 14-14e Comparative Income Statement Schedule XV 15-15c Analysis of Billing - Associate Companies Account 457 16 Analysis of Billing - Nonassociate Companies Account 458 17 Analysis of Charges for Service - Associate and Nonassociate Companies Schedule XVI 18-18c Schedule of Expense by Department or Service Function Schedule XVII 19-19f Departmental Analysis of Salaries Account 920 20 Outside Services Employed Account 923 21-21a Employee Pensions and Benefits Account 926 22 General Advertising Expenses Account 930.1 23 Page 2a Schedule or Page Description of Schedules and Accounts Account Number Number Miscellaneous General Expenses Account 930.2 23 Rents Account 931 23 Taxes Other Than Income Taxes Account 408 24 Donations Account 426.1 25-25a Other Deductions Account 426.5 26 Notes to Statements of Income Schedule XVIII 27 LISTING OF INSTRUCTIONAL FILING REQUIREMENTS Organization Chart 28 Methods of Allocation 29-29c Annual Statement of Compensation for Use of Capital Billed 30 Signature Clause 31 Page 3 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. SCHEDULE I--COMPARATIVE BALANCE SHEET (thousands of dollars) Give balance sheet of the Company as of December 31 of ther current and prior year.
DECEMBER 31, ACCOUNT ASSETS AND OTHER DEBITS 1999 1998 SERVICE COMPANY PROPERTY 101 Service company property (Schedule II) $ - $ - 107 Construction work in progress (Schedule II) 1,012 (118) -------- -------- Total Property 1,012 (118) -------- -------- 108 Less accumulated provision for depreciation and amortization of service company property (Schedule III) - - -------- -------- Net Service Company Property 1,012 (118) -------- -------- INVESTMENTS 123 Investments in associate companies (Schedule IV) - - 124 Other Investments (Schedule IV) - - -------- -------- Total Investments - - -------- -------- CURRENT AND ACCRUED ASSETS 131 Cash 560 436 134 Special deposits - - 135 Working funds 12 15 136 Temporary cash investments (Schedule IV) - - 141 Notes receivable - - 143 Accounts receivable 1,055 939 144 Accumulated provision for uncollectable accounts - - 146 Accounts receivable from associate companies (Schedule V) 43,647 31,698 152 Fuel stock expenses undistributed (Schedule VI) - - 154 Materials and supplies - - 163 Stores expense undistributed (Schedule VII) - - 165 Prepayments 28,338 20,911 174 Miscellaneous current and accrued assets (Schedule VIII) - - -------- -------- Total Current and Accrued Assets 73,612 53,999 -------- -------- DEFERRED DEBITS 181 Unamortized debt expense - - 184 Clearing accounts (609) 347 186 Miscellaneous deferred debits (Schedule IX) 2,195 1,019 188 Research, development, or demonstration expenditures (Schedule X) - - 190 Accumulated deferred income taxes - - -------- -------- Total Deferred Debits 1,586 1,366 -------- -------- TOTAL ASSETS AND OTHER DEBITS $ 76,210 $ 55,247 ======== ========
Page 4 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. SCHEDULE I--COMPARATIVE BALANCE SHEET (thousands of dollars)
DECEMBER 31, ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL 1999 1998 PROPRIETARY CAPITAL 201 Common stock issued (Schedule XI) $ - $ - 211 Miscellaneous paid-in-capital (Schedule XI) 1 1 215 Appropriated retained earnings (Schedule XI) - - 216 Unappropriated retained earnings (Schedule XI) - - -------- -------- Total Proprietary Capital 1 1 -------- -------- LONG-TERM DEBT 223 Advances from associate companies (Schedule XII) - - 224 Other long-term debt (Schedule XII) - - 225 Unamortized premium on long-term debt - - 226 Unamortized discount on long-term debt-debit - - -------- -------- Total Long-Term Debt - - -------- -------- CURRENT AND ACCRUED LIABILITIES 231 Notes payable - - 232 Accounts payable 12,498 7,767 233 Notes payable to associate companies (Schedule XIII) 30,200 25,150 234 Accounts payable to associate companies (Schedule XIII) 4,246 4,579 236 Taxes accrued 2,790 (598) 237 Interest accrued - - 238 Dividends declared - - 241 Tax collections payable (580) (753) 242 Miscellaneous current and accrued liabilities (Schedule XIII) 15,553 14,174 -------- -------- Total Current and Accrued Liabilities 64,707 50,319 -------- -------- DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES 228 Accumulated provision for pension and benefits 7,002 2,816 253 Other deferred credits 1,660 806 255 Accumulated deferred investment tax credits - - -------- -------- Total Deferred Credits and Other Non-current Liabilities 8,662 3,622 -------- -------- 283 ACCUMULATED DEFERRED INCOME TAXES 2,840 1,305 -------- -------- TOTAL LIABILITIES AND PROPRIETARY CAPITAL $ 76,210 $ 55,247 ======== ========
Page 5 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE II--SERVICE COMPANY PROPERTY (thousands of dollars)
BALANCE AT RETIREMENTS OTHER BALANCE BEGINNING OR CHANGES AT CLOSE DESCRIPTION OF YEAR ADDITIONS SALES (1), (4) OF YEAR ---------- --------- ----------- -------- --------- SERVICE COMPANY PROPERTY Account 301 Organization $ - $ - $ - $ - $ - 303 Miscellaneous intangible plant - - - - - 304 Land and land rights - - - - - 305 Structures and improvements - - - - - 306 Leasehold improvements - - - - - 307 Equipment (2) - - - - - 308 Office furniture and equipment - - - - - 309 Automobiles, other vehicles and - - - - - related garage equipment - - - - - 310 Aircraft and airport equipment - - - - - 311 Other service company property(3) - - - - - ------ ------ ------ ----- ------ SUB-TOTAL - - - - - 107 Construction work in progress(4) (118) 1,012 - 118 1,012 ------ ------ ------ ----- ------ TOTAL $ (118) $1,012 $ - $ 118 $1,012 ====== ====== ====== ===== ======
(1) Provide an explanation of those changes considered material: None (2) Subaccounts are required for each class of equipment owned. The service company shall provide a listing by subaccount of equipment additions during the year and the balance at the close of the year: None (3) Describe other service company property: None (4) Describe construction work in progress: The balance at 12-31-99 represents progress payments toward the purchase of an aircraft and a hydraulic power unit for aircraft maintenance. Page 6 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE III--ACCUMULATED PROVISION FOR DEPRECIATION AND AMORTIZATION OF SERVICE COMPANY PROPERTY (thousands of dollars)
BALANCE AT ADDITIONS RETIREMENTS OTHER BALANCE BEGINNING TO ACCOUNT OR CHANGES AT CLOSE DESCRIPTION OF YEAR 403 SALES (1) OF YEAR ---------- ---------- ----------- --------- --------- Account 301 Organization $ - $ - $ - $ - $ - 303 Miscellaneous intangible plant - - - - - 304 Land and land rights - - - - - 305 Structures and improvements - - - - - 306 Leasehold improvements - - - - - 307 Equipment - - - - - 308 Office furniture and equipment - - - - - 309 Automobiles, other vehicles and related garage equipment - - - - - 310 Aircraft and airport equipment - - - - - 311 Other service company property - - - - - ---- ---- ---- ---- ---- TOTAL $ - $ - $ - $ - $ - ==== ==== ==== ==== ====
(1) Provide an explanation of those changes considered material: None Page 7 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE IV--INVESTMENTS (thousands of dollars) INSTRUCTIONS: Complete the following schedule concerning investments. Under Account 124, "Other Investments", state each investment separately, with description, including the name of issuing company, number of shares or principal amount, etc. Under Account 136,"Temporary Cash Investments", list each investment separately. BALANCE AT BALANCE AT BEGINNING CLOSE ACCOUNT ASSETS AND OTHER DEBITS OF YEAR OF YEAR ----------- ---------- 123 Investment in associate companies $ - $ - 124 Other investments - - 136 Temporary cash investments - - --------- --------- TOTAL $ - $ - ========= ========= Page 8 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE V--ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES (thousands of dollars) INSTRUCTIONS: Complete the following schedule listing accounts receivable from each associate company. Where the service company has provided accommodation or convenience payments for associate companies, a separate listing of total payments for each associate company by subaccount should be provided. BALANCE AT BALANCE AT BEGINNING CLOSE DESCRIPTION OF YEAR OF YEAR ---------- ---------- Account 146 -- Accounts Receivable from Associate Companies New Century Energies, Inc. $ 362 $ 1,103 NC Enterprises, Inc. 14 57 New Century Cadence, Inc. (8) 28 Cheyenne Light, Fuel and Power Company 328 220 1480 Welton, Inc. 87 35 Public Service Company of Colorado 17,227 24,666 PSR Investments, Inc. 43 37 e prime, inc. 1,373 453 New Century International, Inc. 103 564 Natural Fuels Corporation 172 532 Fuel Resources Development Co., a dissolved corporation - 1 PS Colorado Credit Corporation 60 116 WestGas InterState, Inc. 2 2 Utility Engineering Corporation 572 3,664 Quixx Corporation 1,780 182 Quixx Power Services, Inc. 44 5 Southwestern Public Service Company 8,804 10,704 The Planergy Group, Inc. 359 931 NCE Communications, Inc. - 20 New Century Centrus, Inc. 376 327 --------- --------- TOTAL $ 31,698 $ 43,647 ========= ========= TOTAL PAYMENTS --------- Analysis of Convenience or Accommodation Payments: Public Service Company of Colorado $ 4,526 Southwestern Public Service Company 2,029 Cheyenne Light, Fuel and Power Company 93 New Century Energies, Inc. 58 PS Colorado Credit Corp. 9 PSR Investments, Inc. 5 WestGas Interstate 2 1480 Welton, Inc. 6 Quixx Corporation 6 -------- TOTAL PAYMENTS $ 6,734 ======== The majority of convenience payments relate to insurance, benefits, computer services. Page 9 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE VI--FUEL STOCK EXPENSES UNDISTRIBUTED (thousands of dollars) INSTRUCTIONS: Report the amount of labor and expenses incurred with respect to fuel stock expenses during the year and indicate amount attributable to each associate company. Under the section headed "Summary" list below give an overall report of the fuel functions performed by the service company. DESCRIPTION LABOR EXPENSE TOTAL -------- --------- -------- Account 152 -- Fuel Stock Expenses Undistributed $ - $ - $ - -------- ------- -------- TOTAL $ - $ - $ - ======== ======= ======== Summary: None SCHEDULE VII--STORES EXPENSE UNDISTRIBUTED INSTRUCTIONS: Report the amount of labor and expenses incurred with respect to stores expenses during the year and indicate amount attributable to each associate company. DESCRIPTION LABOR EXPENSE TOTAL ----------- ------------ ---------- Account 163 -- Stores Expenses Undistributed $ - $ - $ - -------- -------- ------- TOTAL $ - $ - $ - ======== ======== ======= Page 10 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE VIII--MISCELLANEOUS CURRENT AND ACCRUED ASSETS (thousands of dollars) INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000 may be grouped, showing the number of items in each group. BALANCE AT BALANCE AT BEGINNING CLOSE DESCRIPTION OF YEAR OF YEAR ---------- ---------- Account 174 -- Miscellaneous Current and Accrued Assets $ - $ - --------- -------- TOTAL $ - $ - ========= ======== SCHEDULE IX--MISCELLANEOUS DEFERRED DEBITS (thousands of dollars) INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000 may be grouped by class showing the number of items in each class. BALANCE AT BALANCE AT BEGINNING CLOSE DESCRIPTION OF YEAR OF YEAR ---------- ---------- Account 186 -- Miscellaneous Deferred Debits Deposit for purchase of aircraft $ 500 $ - Prepaid pension 519 2,195 --------- -------- TOTAL $ 1,019 $ 2,195 ========= ======== SCHEDULE X--RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES (thousands of dollars) INSTRUCTIONS: Provide a description of each material research, development, or demonstration project which incurred costs by the service corporation during the year. BALANCE AT BALANCE AT BEGINNING CLOSE DESCRIPTION OF YEAR OF YEAR ---------- ---------- Account 188 -- Research, Development, or Demonstration Expenditures $ - $ - --------- -------- TOTAL $ - $ - ========= ======== Page 11 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XI--PROPRIETARY CAPITAL (thousands of dollars, except per share data) PAR OR OUTSTANDING AT NUMBER OF STATED CLOSE OF PERIOD ACCOUNT SHARES VALUE NUMBER TOTAL NUMBER CLASS OF STOCK AUTHORIZED PER SHARE OF SHARES AMOUNT 201 COMMON STOCK ISSUED 1,000 $0.01 1,000 $ - INSTRUCTIONS: Classify amounts in each account with a brief explanation, disclosing the general nature of transactions which give rise to the amounts. DESCRIPTION AMOUNT Account 211 -- Miscellaneous Paid-In Capital $ 1 Account 215 -- Appropriated Retained Earnings - ------ TOTAL $ 1 ====== INSTRUCTIONS: Give particulars concerning net income or (loss) during the year, distinguishing between compensation for the use of capital owned or net loss remaining from servicing nonassociates per the General Instructions of the Uniform System of Accounts. For dividends paid during the year in cash or otherwise, provide rate percentage, amount of dividend, date declared and date paid. BALANCE AT BALANCE BEGINNING NET INCOME DIVIDENDS AT CLOSE DESCRIPTION OF YEAR OR (LOSS) PAID OF YEAR Account 216 -- Unappropriated Retained Earnings $ - $ - $ - $ - ------- -------- ------ ------- TOTAL $ - $ - $ - $ - ======= ======== ====== ======= Page 12 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XII--LONG-TERM DEBT (thousands of dollars) INSTRUCTIONS: Advances from associate companies should be reported separately for advances on notes and advances on open accounts. Names of associate companies from which advances were received shall be shown under the class and series of obligation column. For Account 224 - Other long-term debt provide the name of creditor company or organization, terms of the obligation, date of maturity, interest rate, and the amount authorized and outstanding.
TERM OF OBLIGATION BALANCE AT BALANCE CLASS & SERIES DATE OF INTEREST AMOUNT BEGINNING DEDUCTIONS AT CLOSE NAME OF CREDITOR OF OBLIGATION MATURITY RATE AUTHORIZED OF YEAR ADDITIONS (1) OF YEAR - -------------------- -------------------- ----------- --------- ------------ ---------- --------- ----------- ---------- Account 223 - Advances From Associate Companies: $ - $ - $ - $ - $ - Account 224 - Other Long-Term Debt: - - - - - -------- ------- ------ ------ ------ TOTAL $ - $ - $ - $ - $ - ======== ======= ====== ====== ======
(1) Give an explanation of deductions: None Page 13 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XIII--CURRENT AND ACCRUED LIABILITIES (thousands of dollars) INSTRUCTIONS: Provide balance of notes and accounts payable to each associate company. Give description and amount of miscellaneous current and accrued liabilities. Items less than $10,000 may be grouped, showing the number of items in each group.
BALANCE AT BALANCE AT BEGINNING CLOSE DESCRIPTION OF YEAR OF YEAR ---------- ---------- Account 233 -- Notes Payable to Associate Companies Notes Payable - New Century Energies, Inc. $ 25,150 $ 30,200 ---------- ---------- TOTAL $ 25,150 $ 30,200 ========== ========== Account 234 -- Accounts Payable to Associate Companies Accounts Payable - New Century Energies, Inc. $ (302) $ (28) Accounts Payable - Cheyenne Light, Fuel and Power Company (5) 2 Accounts Payable - Public Service Company of Colorado 4,527 4,064 Accounts Payable - Quixx Corporation 1 (1) Accounts Payable - Southwestern Public Service Company 358 209 ---------- ---------- TOTAL $ 4,579 $ 4,246 ========== ========== Account 242 -- Miscellaneous Current and Accrued Liabilities Accrued Vacation Liability $ 6,729 $ 7,264 Supplemental Executive Retirement Plan 852 852 Payroll 1,931 90 Current Liability - Outstanding Accounts Payable checks (Norwest Bank at Grand Junction) 4,662 7,347 ---------- ---------- TOTAL $ 14,174 $ 15,553 ========== ==========
Page 14 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 Schedule XIV - NOTES TO FINANCIAL STATEMENTS INSTRUCTIONS: The space below is provided for important notes regarding the financial statements or any account thereof. Furnish particulars as to any significant contingent assets or liabilities existing at the end of the year. Notes relating to financial statements shown elsewhere in this report may be indicated here by reference. 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization New Century Services ("NCS" or the "Company"), a wholly-owned subsidiary of New Century Energies, Inc. ("NCE"), was incorporated in 1997 in the State of Delaware. NCS is the service company for the NCE system and provides a variety of administrative, management, engineering, construction, environmental and support services. NCS provides its services to the NCE system, at cost, pursuant to service agreements approved by the Securities and Exchange Commission (`SEC") under the Public Utility Holding Company Act of 1935 ("PUHCA"). The majority of the of services performed by NCS for NCE system companies is provided to NCE's two major operating utilities, Public Service Company of Colorado ("PSCo") and Southwestern Public Service Company ("SPS"). Regulation NCS is subject to regulation by the SEC under the PUHCA. NCS' accounting policies conform to generally accepted accounting principles. NCS maintains its accounts in accordance with the Uniform System of Accounts Prescribed for Public Utilities and Licensees subject to the Provisions of the Federal Power Act promulgated by the Federal Energy Regulatory Commission. Management Estimates The preparation of financial statements, in conformity with generally accepted accounting principles, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Fair Value Disclosure The carrying amount of financial instruments approximates fair value. Statement of Financial Accounting Standards No. 107, "Disclosures about Fair Value of Financial Instruments", defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The fair value estimates presented are based on pertinent information available to management as of December 31, 1999 and 1998. These fair value estimates have not been comprehensively revalued for purposes of Page 14a these financial statements since that date, and current estimates of fair value may differ significantly from the amounts presented herein. Income Taxes The Company's operations are included in the consolidated Federal income tax return of NCE. The allocation of income tax consequences to the Company, including alternative minimum tax, is calculated under a parent company policy which provides that benefits or liabilities created by the Company, computed on a separate return basis, will be allocated to (and paid to or by) the Company to the extent the benefits are usable or additional liabilities are incurred in NCE's consolidated tax returns. Deferred taxes are provided on temporary differences between the financial accounting and tax bases of assets and liabilities using the tax rates which are in effect at the balance sheet date (see Note 6). Stock-based Compensation The Company uses the intrinsic value based method of accounting for its stock-based compensation plan. 2. COMMON STOCK NCS is authorized to issue 1,000 shares of Common Stock at a par value of one cent ($0.01) per share. During 1999 and 1998, all shares of common stock were issued and held by NCE. 3. SHORT-TERM BORROWING ARRANGEMENTS At December 31, 1999, NCE had $325 million in credit facilities with several banks: a $100 million facility expiring November 22, 2000 and a $225 million facility expiring August 11, 2002. The Board of Directors has authorized the Company to borrow directly from NCE. At December 31, 1999, intercompany borrowings outstanding totaled approximately $30 million at a weighted average interest rate of 5.84%. At December 31, 1998, intercompany borrowings totaled approximately $25 million at a weighted average interest rate of 5.32%. 4. COMMITMENTS AND CONTINGENCIES Leasing Programs The Company made payments for leases of various facilities used in the normal course of business. The majority of the operating leases are under a leasing program that has initial noncancelable terms of one year, while the remaining leases have various terms. These leases may be renewed or replaced. No material restrictions exist in these leasing agreements concerning dividends, additional debt, or further leasing. Rental expense for the years ended December 31, 1999 and 1998 was approximately $5.8 million and $6.0 million, respectively. Estimated future minimum lease payments at December 31, 1999 are as follows (in thousands of dollars): 2000 $9,189 2001 4,448 2002 227 2003 180 2004 180 All years thereafter 720 Page 14b Service Agreements In 1995, PSCo outsourced approximately 370 positions as part of a ten-year service agreement with IBM Global Services to manage most of PSCo's information technology systems and network infrastructure. Effective May 1, 1997, the agreement was assigned to NCS and amended to include SPS' information technology systems and network infrastructure. Effective December 1, 1999, this service agreement was amended and extended through June 30, 2010. This amended service agreement provides the Company more flexibility as to the amount, type and quality of service provided by IBM Global Services. For the years ended December 31, 1999 and 1998, NCS payments to IBM Global Services were approximately $89 and $78 million, respectively. At December 31, 1999, the total estimated remaining commitment under this agreement is approximately $600 million, with estimated annual payments ranging from $55 million to $65 million. Contracts NCS entered into a purchase agreement in September 1997 with Bombardier Aerospace to acquire a certain aircraft. The purchase price is anticipated to be approximately $8.4 million. A $0.5 million deposit was paid in September 1997, an additional $0.5 million was paid in September 1999 and the balance is due upon delivery, which is anticipated on or about September 2000. Year 2000 Costs The Company incurred costs of approximately $12 million to modify its computer software, hardware and other automated systems used in operations enabling proper data processing relating to the year 2000 ("Y2K") and beyond. The Company successfully implemented these computer modifications by the end of 1999. The majority of all Y2K costs will be allocated to or incurred by NCE's operating utilities. A significant portion of the costs incurred to address the Company's Y2K issues represented the redeployment of existing information technology resources. The correction or replacement of non-compliant systems was successfully completed during 1999. The Company anticipates no additional risk to its business operations as a result of the Y2K issue. 5. EMPLOYEE BENEFITS Pensions The Company participates in tax qualified noncontributory defined benefit pension plans which cover substantially all NCE employees. At December 31, 1999, there were 5,610 NCE employees (including 1,260 Company employees) participating in these plans. NCE, as the plan sponsor, has overall responsibility for directly allocating such costs of each individual plan to each of the participating employers. This allocation was determined by the plans' actuary based on benefit obligations for active participants. Plan assets are held in a master trust. Plan assets are stated at fair value and are comprised primarily of corporate debt and equity securities, a real estate fund and government securities held either directly or in commingled funds. The Company's funding policy is to contribute annually, at a minimum, the amount necessary to satisfy the Internal Revenue Service funding standards. Because of the overfunded status of the plans, no contributions were made by the Company or other participating employers during 1999 and 1998. Page 14c Summary information of the actuarially computed benefit obligation, plan assets, funded status and prepaid pension asset for the NCE Plans at December 31, 1999 and 1998, is presented in the following table (in thousands). 1999 1998 ------- ------ Benefit obligation.......................... $ 922,778 $1,013,791 Fair value of plan assets................... 1,344,656 1,238,921 ---------- ---------- Funded status: Plan assets exceed benefit obligations...................... $ 421,878 $ 225,130 ========== ========== NCE prepaid pension asset................... $ 69,799 $ 40,348 ========== ========== The assumed discount rates used in 1999 and 1998 were 8.0% and 6.75%, respectively. The rate of expected long-term increase in compensation level was 4% in both 1999 and 1998. The Company's net periodic pension cost (credit) for the years ended December 31, 1999 and 1998 and significant assumptions used by the Company's actuary in the determination of these amounts are presented in the following table (in thousand of dollars): 1999 1998 ------- ------ Company's net periodic pension cost (credit) $ (1,676) $ (519) ========= ========= Significant assumptions: Discount rate............................. 6.75% 7.0% Expected long-term increase in compensation level ................................. 4.0% 4.0% Expected weighted average long-term rate of return on assets ...................... 10.0% 9.5% Defined Contribution Plans The Company participates in defined contribution plans, which cover substantially all NCE employees. Total costs of these plans incurred by NCS for the years ended December 31, 1999 and 1998 totaled $4.0 million and $4.2 million, respectively. Postretirement Benefits Other Than Pensions The Company provides certain postretirement health care and life insurance benefits for substantially all employees who reach retirement age while working for the Company. The Company participates in various health and welfare plans administered by NCE. NCE, as the plan sponsor, will continue to reflect the costs of these plans in accordance with the full accrual accounting adopted in 1993 and directly allocate such costs to each of the participating employers. Prior to 1993, NCE recorded the cost of these benefits for these plans on a pay-as-you-go basis. NCE is amortizing the transition obligations for these plans over a period of 20 years. Plan assets are stated at fair value and are comprised primarily of corporate debt and equity securities, a real estate fund, government securities and other short-term investments held either directly or in commingled funds. Summary information of the actuarially computed benefit obligation, plan assets, funded status and accrued benefit cost for the NCE plans at December 31, 1999 and 1998, is presented in the following table (in thousands): 1999 1998 ------- ------ Benefit obligations......................... $393,524 $397,195 Fair value of plan assets................... 166,569 146,228 -------- -------- Funded status: Plan benefit obligations exceed assets............................ $226,955 $250,967 ======== ======== NCE accrued benefit cost.................... $ 57,596 $ 61,732 ======== ======== Page 14d The assumed discount rates used in 1999 and 1998 were 8.0% and 6.75%, respectively. The rate of expected long-term increase in compensation level was 4% in both 1999 and 1998. The Company's net periodic postretirement benefit cost for the years ended December 31, 1999 and 1998 and the significant assumptions used by the Company's actuary in the determination of these amounts are presented in the following table (in thousand of dollars): 1999 1998 ---- ---- Company's net periodic postretirement benefit cost .............................. $ 1,057 $ 4,581 Significant assumptions: Discount rate.............................. 6.75% 7.0% Expected long-term increase in compensation level ................................... 4.0% 4.0% Expected weighted average long-term rate of return on assets ........................ 9.5% 9.5% The Company funded an amount equal to the net periodic postretirement benefit cost in 1999 and 1998. The assumed health care cost trend rate in 1999 is 8.0%, decreasing in 0.5% annual increments to 4.5% in 2006 and to 4.25% in 2007. A 1% increase in the assumed health care cost trend rate will increase the Company's total accumulated benefit obligation by approximately $727,000 and the service and interest cost components of net periodic postretirement benefit costs by approximately $62,000. 6. INCOME TAXES The provision for income taxes for the years ending December 31, 1999 and 1998 consist of the following (in thousands of dollars): Current income taxes: 1999 1998 ------- ----- Federal $(1,226) $ 620 State (174) 61 ------- ------ Total current income taxes (1,400) 681 ------- ------ Deferred income taxes: Federal 1,344 (507) State 191 (77) ------ ------ Total deferred income taxes 1,535 (584) ------ ------ Total provision for income taxes $ 135 $ 97 ====== ====== A reconciliation of the statutory U.S. income tax rate and the effective tax rates for the years ending December 31, 1999 and 1998 follows (in thousands of dollars, except percentages): 1999 1998 -------------- ------------- Tax computed at U.S. statutory rate on pre-tax accounting income $ 47 35% $ 34 35% Increase (decrease) in tax from: State income taxes, net of Federal income tax benefit 11 8 (10) (10) Non-deductible business meals 76 56 88 90 Other 1 1 (15) (15) ----- --- ---- --- Total income taxes $ 135 100% $ 97 100% ===== === ==== === Page 14e The tax effects of significant temporary differences representing deferred tax liabilities and assets are as follows (in thousands): 1999 1998 ------- ------ Deferred income tax liabilities: Information systems charges $ 10,709 $ 7,886 Other 83 83 -------- ------- Total 10,792 7,969 -------- ------- Deferred income tax assets: Pension related costs 1,288 403 Postretirement benefit costs 4,534 4,131 Vacation liability 2,008 2,008 Other 122 122 -------- ------- Total 7,952 6,664 -------- ------- Net deferred income tax liability $ 2,840 $ 1,305 ======== ======= Page 15 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XV--COMPARATIVE INCOME STATEMENT (thousands of dollars) CURRENT PRIOR ACCOUNT DESCRIPTION YEAR YEAR - ------- ----------- ---- ---- INCOME 457 Services rendered to associate companies $ 252,670 $ 314,838 458 Services rendered to nonassociate companies - - 421 Miscellaneous income and loss 20 223 --------- --------- TOTAL INCOME 252,690 315,061 --------- --------- EXPENSES 500 Operation supervision and engineering 1,541 - 501 Fuel 43 - 502 Steam expenses 424 - 505 Electric expenses 61 - 506 Miscellaneous steam power expenses 3,992 - 510 Maintenance supervision and engineering 1,078 - 511 Maintenance of structures 4 - 512 Maintenance of boiler plant 120 - 513 Maintenance of electric plant 67 - 514 Maintenance of miscellaneous steam plant 180 - 535 Operation supervision and engineering 11 - 537 Hydraulic expenses 9 - 538 Electric expenses 2 - 539 Miscellaneous hydraulic power generation expenses 150 - 541 Maintenance supervision and engineering 20 - 543 Maintenance of reservoirs, dams and waterways 4 - 546 Operation supervision and engineering 53 - 548 Generation expenses 207 - 549 Miscellaneous other power generation expenses 27 - 551 Maintenance supervision and engineering 6 - 552 Maintenance of structures 1 - 553 Maintenance of generating and electric plant 17 - 556 System control and load dispatching 26 - 560 Operation supervision and engineering 89 - 561 Load dispatching 2,390 - 562 Station expenses 4 - 563 Overhead line expenses 326 - 566 Miscellaneous transmission expenses 258 - 568 Maintenance supervision and engineering 72 - 571 Maintenance of overhead lines 85 - 573 Maintenance of miscellaneous transmission plant 79 - Page 15a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XV--COMPARATIVE INCOME STATEMENT (thousands of dollars) CURRENT PRIOR ACCOUNT DESCRIPTION YEAR YEAR - ------- ----------- ---- ---- 580 Operation supervision and engineering 1,013 - 581 Load dispatching 55 - 582 Station expenses 186 - 583 Overhead line expenses 104 - 584 Underground line expenses 76 - 585 Street lighting and signal system expenses 5 - 586 Meter expenses 468 - 587 Customer installation expenses 128 - 588 Miscellaneous distribution expenses 4,949 - 590 Maintenance supervision and engineering 78 - 592 Maintenance of station equipment 144 - 593 Maintenance of overhead lines 344 - 594 Maintenance of underground lines 10 - 595 Maintenance of line transformers 16 - 596 Maintenance of street lighting and signal systems 6 - 597 Maintenance of meters 2 - 598 Maintenance of miscellaneous distribution plant 33 - 807 Purchased gas expenses 313 - 813 Other gas supply expenses 138 - 814 Operation supervision and engineering 36 - 818 Compressor station expenses 12 - 820 Measuring and regulating station expenses 21 - 824 Other expenses 9 - 850 Operation supervision and engineering 121 - 851 System control and load dispatching 824 - 852 Communication system expenses 214 - 853 Compressor station labor and expenses 19 - 856 Mains expenses 74 - 857 Measuring and regulating station expenses 13 - 859 Other expenses 171 - 861 Maintenance supervision and engineering 8 - 864 Maintenance of compressor station equipment 18 - 865 Maintenance of measuring and regulating station equipment 2 - 867 Maintenance of other equipment 1 - 870 Operation supervision and engineering 386 - 871 Distribution load dispatching 788 - 874 Mains and services expenses 220 - Page 15b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XV--COMPARATIVE INCOME STATEMENT (thousands of dollars) CURRENT PRIOR ACCOUNT DESCRIPTION YEAR YEAR - ------- ----------- ---- ---- 875 Measuring and regulating station expenses - general 10 - 876 Measuring and regulating station expenses - industrial 2 - 877 Measuring and regulating station expenses - city gate 4 - 878 Meter and house regulator expenses 18 - 879 Customer installation expenses 67 - 880 Other expenses 1,814 - 885 Maintenance supervision and engineering 26 - 887 Maintenance of mains 15 - 892 Maintenance of services 27 - 893 Maintenance of meters and house regulators 79 - 894 Maintenance of other equipment 12 - 901 Supervision 1,735 - 902 Meter reading expenses 620 - 903 Customer records and collection expenses 32,174 - 904 Uncollectible accounts 12 - 905 Miscellaneous customer accounts expenses 73 - 907 Supervision 261 - 908 Customer assistance expenses 3,027 - 909 Informational and instructional advertising expenses 183 - 910 Miscellaneous customer service and informational expenses 3,137 - 911 Supervision 517 - 912 Demonstrating and selling expenses 10,208 - 920 Salaries and wages 48,828 60,511 921 Office supplies and expenses 74,389 199,393 922 Administrative expenses transferred - credit - - 923 Outside services employed 14,386 8,065 924 Property insurance - - 925 Injuries and damages 822 797 926 Employee pensions and benefits 17,316 29,303 928 Regulatory commission expenses 38 - 930.1 General advertising expenses 77 - 930.2 Miscellaneous general expenses 1,780 1,067 931 Rents 5,798 6,023 932 Maintenance of structures and equipment - - 935 Maintenance of general plant 28 - Page 15c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XV--COMPARATIVE INCOME STATEMENT (thousands of dollars) CURRENT PRIOR ACCOUNT DESCRIPTION YEAR YEAR - ------- ----------- ---- ---- 403 Depreciation and amortization expense - - 408 Taxes other than income taxes 5,686 5,073 409 Income taxes (1,400) 681 410 Provision for deferred income taxes 3,567 5,875 411 Provision for deferred income taxes - credit (2,032) (6,459) 411.5 Investment tax credit - - 417.1 Expenses of nonutility operations 2,253 - 426.1 Donations 2,219 2,198 426.5 Other deductions 554 90 427 Interest on long-term debt - - 430 Interest on debt to associate companies 2,038 2,442 431 Other interest expense (29) 2 --------- --------- TOTAL EXPENSE 252,690 315,061 --------- --------- NET INCOME OR (LOSS) $ - $ - ========= ========= Page 16 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 ANALYSIS OF BILLING ASSOCIATE COMPANIES--ACCOUNT 457 (thousands of dollars)
DIRECT INDIRECT COMPENSATION TOTAL COSTS COSTS FOR USE AMOUNT NAME OF ASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL BILLED - --------------------------------- ------- -------- ------------ -------- 457-1 457-2 457-3 Public Service Company of Colorado $ 109,036 $ 56,501 $ 1,159 $ 166,696 Southwestern Public Service Company 48,014 20,851 495 69,360 Cheyenne Light, Fuel and Power Company 1,402 1,219 21 2,642 1480 Welton, Inc. 21 290 7 318 e prime, inc. 612 431 22 1,065 PS Colorado Credit Corporation - 479 35 514 PSR Investments, Inc. 126 142 10 278 WestGas InterState, Inc. 12 8 - 20 Quixx Corporation 694 595 24 1,313 Utility Engineering Corporation 722 783 30 1,535 New Century Energies, Inc. 1,966 2,066 134 4,166 Natural Fuels Corporation 185 172 3 360 New Century International, Inc. 1,359 863 62 2,284 New Century Cadence, Inc. 41 25 - 66 NC Enterprises, Inc. 115 21 - 136 Public Service Company of Co. (Hayden) 663 158 - 821 The Planergy Group, Inc. 372 177 7 556 New Century Centrus, Inc. 325 69 - 394 Fuel Resources Development, Co. (dissolved) 22 1 - 23 Public Service Company of Co. (Tri-State) 77 - - 77 NCE Communications, Inc. 31 15 - 46 --------- -------- ------- --------- TOTAL $ 165,795 $ 84,866 $ 2,009 $ 252,670 ========= ======== ======= =========
Page 17 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 ANALYSIS OF BILLING NONASSOCIATE COMPANIES--ACCOUNT 458 (thousands of dollars) INSTRUCTIONS: Provide a brief description of the services rendered to each nonassociate company:
NAME OF DIRECT INDIRECT COMPENSATION EXCESS TOTAL NONASSOCIATE COSTS COSTS FOR USE TOTAL OR AMOUNT COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY BILLED - ------------ -------- --------- ------------ ----- ---------- ------ 458-1 458-2 458-3 458-4 None
Page 18 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVI--ANALYSIS OF CHARGES FOR SERVICE--ASSOCIATE AND NONASSOCIATE COMPANIES (thousands of dollars) INSTRUCTIONS: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES DIRECT INDIRECT ACCOUNT DESCRIPTION OF ITEMS COST COST TOTAL (None) - ------- -------------------- ---- ---- ----- 500 Operation supervision and engineering $ 1,210 $ 331 $ 1,541 501 Fuel 42 1 43 502 Steam expenses 263 161 424 505 Electric expenses 45 16 61 506 Miscellaneous steam power expenses 3,496 496 3,992 510 Maintenance supervision and engineering 876 202 1,078 511 Maintenance of structures 4 0 4 512 Maintenance of boiler plant 115 5 120 513 Maintenance of electric plant 65 2 67 514 Maintenance of miscellaneous steam plant 179 1 180 535 Operation supervision and engineering 11 - 11 537 Hydraulic expenses 9 - 9 538 Electric expenses 2 - 2 539 Miscellaneous hydraulic power generation expenses 136 14 150 541 Maintenance supervision and engineering 17 3 20 543 Maintenance of reservoirs, dams and waterways 4 - 4 546 Operation supervision and engineering 42 11 53 548 Generation expenses 186 21 207 549 Miscellaneous other power generation expenses 25 2 27 551 Maintenance supervision and engineering 6 - 6 552 Maintenance of structures 1 - 1 553 Maintenance of generating and electric plant 16 1 17 556 System control and load dispatching 25 1 26 560 Operation supervision and engineering 46 43 89 561 Load dispatching 2,390 - 2,390 562 Station expenses 4 - 4 563 Overhead line expenses 326 - 326 566 Miscellaneous transmission expenses 182 76 258 568 Maintenance supervision and engineering 29 43 72
Page 18a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVI--ANALYSIS OF CHARGES FOR SERVICE--ASSOCIATE AND NONASSOCIATE COMPANIES (thousands of dollars) INSTRUCTIONS: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES DIRECT INDIRECT ACCOUNT DESCRIPTION OF ITEMS COST COST TOTAL (None) - ------- -------------------- ---- ---- ----- 571 Maintenance of overhead lines 80 5 85 573 Maintenance of miscellaneous transmission plant 79 - 79 580 Operation supervision and engineering 970 43 1,013 581 Load dispatching 55 - 55 582 Station expenses 186 - 186 583 Overhead line expenses 102 2 104 584 Underground line expenses 76 - 76 585 Street lighting and signal system expenses 5 - 5 586 Meter expenses 468 - 468 587 Customer installation expenses 104 24 128 588 Miscellaneous distribution expenses 4,879 70 4,949 590 Maintenance supervision and engineering 39 39 78 592 Maintenance of station equipment 144 - 144 593 Maintenance of overhead lines 317 27 344 594 Maintenance of underground lines 10 - 10 595 Maintenance of line transformers 16 - 16 596 Maintenance of street lighting and signal systems 6 - 6 597 Maintenance of meters 2 - 2 598 Maintenance of miscellaneous distribution plant 29 4 33 807 Purchased gas expneses 237 76 313 813 Other gas supply expenses 91 47 138 814 Operation supervision and engineering 33 3 36 818 Compressor station expenses 12 - 12 820 Measuring and regulating station expenses 21 - 21 824 Other expenses 9 - 9 850 Operation supervision and engineering 121 - 121 851 System control and load dispatching 431 393 824
Page 18b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVI--ANALYSIS OF CHARGES FOR SERVICE--ASSOCIATE AND NONASSOCIATE COMPANIES (thousands of dollars) INSTRUCTIONS: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES DIRECT INDIRECT ACCOUNT DESCRIPTION OF ITEMS COST COST TOTAL (None) - ------- -------------------- ---- ---- ----- 852 Communication system expenses 214 - 214 853 Compressor station labor and expenses 19 - 19 856 Mains expenses 73 1 74 857 Measuring and regulating station expenses 13 - 13 859 Other expenses 146 25 171 861 Maintenance supervision and engineering 8 - 8 864 Maintenance of compressor station equipment 18 - 18 865 Maintenance of measuring and reg station equip 2 - 2 867 Maintenance of other equipment 1 - 1 870 Operation supervision and engineering 386 - 386 871 Distribution load dispatching 436 352 788 874 Mains and services expenses 220 - 220 875 Measuring and reg station expenses - General 10 - 10 876 Measuring and reg station expenses - Industrial 2 - 2 877 Measuring and reg station expenses - City gate 4 - 4 878 Meter and house regulator expenses 18 - 18 879 Customer installation expenses 67 - 67 880 Other expenses 1,777 37 1,814 885 Maintenance supervision and engineering 26 - 26 887 Maintenance of mains 15 - 15 892 Maintenance of services 27 - 27 893 Maintenance of meters and house regulators 79 - 79 894 Maintenance of other equipment 10 2 12 901 Supervision 868 867 1,735 902 Meter reading expenses 620 - 620 903 Customer records and collection expenses 17,355 14,819 32,174 904 Uncollectible accounts 12 - 12 905 Miscellaneous customer accounts expenses 73 - 73 907 Supervision 204 57 261 908 Customer assistance expenses 2,507 520 3,027 909 Informational and instructional advertising expenses 157 26 183
Page 18c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVI--ANALYSIS OF CHARGES FOR SERVICE--ASSOCIATE AND NONASSOCIATE COMPANIES (thousands of dollars) INSTRUCTIONS: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES DIRECT INDIRECT ACCOUNT DESCRIPTION OF ITEMS COST COST TOTAL (None) - ------- -------------------- ---- ---- ----- 910 Misc customer service and informational expenses 2,329 808 3,137 911 Supervision 349 168 517 912 Demonstrating and selling expenses 8,210 1,998 10,208 920 Salaries and wages 39,852 8,976 48,828 921 Office supplies and expenses 36,954 37,435 74,389 922 Administrative expense - - - 923 Outside services employed 7,498 6,888 14,386 924 Property insurance - - - 925 Injuries and damages - 822 822 926 Employee pensions and benefits - 17,316 17,316 928 Regulatory commission expense 38 - 38 930.1 General advertising expenses 77 - 77 930.2 Miscellaneous general expense 854 926 1,780 931 Rents - 5,798 5,798 932 Maintenance of structures and equipment - - - 935 Maintenance of general plant 25 3 28 403 Depreciation and amortization expense - - - 408 Taxes other than income taxes - 5,686 5,686 409 Income taxes (1,538) 138 (1,400) 410 Provision for deferred income taxes 3,567 - 3,567 411 Provision for deferred income taxes-credit (2,032) - (2,032) 411.5 Investment tax credit - - - 417.5 Expenses of nonutility operations 1,775 478 2,253 426.1 Donations 2,219 - 2,219 426.5 Other donations 465 89 554 427 Interest on long-term debt - - - 431 Other interest expense (29) (29) ------- --- --- TOTAL EXPENSES 144,283 106,369 250,652 ------- ------- ------- Compensation for use of equity capital - - - 430 Interest on debt to associate companies - 2,038 2,038 ----- ----- ----- TOTAL COST OF SERVICE $144,283 $108,407 $252,690 ======== ======== ========
Page 19 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION TOTAL EXECUTIVE AUDIT GOVERNMENTAL ACCOUNT DESCRIPTION OF ITEMS AMOUNT OVERHEAD SERVICES SERVICES AVIATION AFFAIRS - ------- -------------------- ------ -------- -------- -------- -------- ------- 500 Operation supervision and engneering $1,541 $ - $ - $ - $ 4 $ - 501 Fuel 43 - - - - - 502 Steam expenses 424 - - - 1 - 505 Electric expenses 61 - - - - - 506 Miscellaneous steam power expenses 3,992 - 1 - 20 - 510 Maintenance supervision and engineering 1,078 - - - - - 511 Maintenance of structures 4 - - - - - 512 Maintenance of boiler plant 120 - - - - - 513 Maintenance of electric plant 67 - - - - - 514 Maintenance of miscellaneous steam plant 180 - - - - - 535 Operation supervision and engineering 11 - - - - - 537 Hydraulic expenses 9 - - - 8 - 538 Electric expenses 2 - - - - - 539 Misc hydraulic power generation expenses 150 - - - 1 - 541 Maintenance supervision and engineering 20 - - - - - 543 Maint of reservoirs, dams and water ways 4 - - - 2 - 546 Operation supervision and engineering 53 - - - - - 548 Generation expenses 207 - - - 1 - 549 Misc other power generation expenses 27 - - - - - 551 Maintenance supervision and engineering 6 - - - - - 552 Maintenance of structures 1 - - - - - 553 Maint of generating and electric plant 17 - - - - - 556 System control and load dispatching 26 - - - - - 560 Operation supervision and engineering 89 - - - - - 561 Load dispatching 2,390 - - - 1 - 562 Station expenses 4 - - - - - 563 Overhead line expenses 326 - - - 318 - 566 Miscellaneous transmission expenses 258 - - - 7 - 568 Maintenance supervision and engineering 72 - - - - - 571 Maintenance of overhead lines 85 - - - 56 - 573 Maint of miscellaneous transmission plant 79 - - - 2 - 580 Operation supervision and enginerring 1,013 - - - 2 - 581 Load dispatching 55 - - - - - 582 Station expenses 186 - - - - -
Page 19 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION TOTAL EXECUTIVE AUDIT GOVERNMENTAL ACCOUNT DESCRIPTION OF ITEMS AMOUNT OVERHEAD SERVICES SERVICES AVIATION AFFAIRS - ------- -------------------- ------ -------- -------- -------- -------- ------- 583 Overhead line expenses 104 - - - 15 - 584 Underground line expenses 76 - - - 7 - 585 Street lighting and signal system expenses 5 - - - - - 586 Meter expenses 468 - - - 5 - 587 Customer installation expenses 128 - - - - - 588 Miscellaneous distribution expenses 4,949 - - - 8 - 590 Maintenance supervision and engineering 78 - - - - - 592 Maintenance of station equipment 144 - - - - - 593 Maintenance of overhead lines 344 - - - 7 - 594 Maintenance of underground lines 10 - - - 4 - 595 Maintenance of line transformers 16 - - - - - 596 Maint of street lighting and signal systems 6 - - - - - 597 Maintenance of meters 2 - - - - - 598 Maint of miscellaneous distribution plant 33 - - - - - 807 Purchased gas expneses 313 - - - - - 813 Other gas supply expenses 138 - - - - - 814 Operation supervision and engineering 36 - - - - - 818 Compressor station expenses 12 - - - - - 820 Measuring and regulating station expenses 21 - - - - - 824 Other expenses 9 - - - - - 850 Operation supervision and engineering 121 - - - - - 851 System control and load dispatching 824 - - - - - 852 Communication system expenses 214 - - - - - 853 Compressor station labor and expenses 19 - - - - - 856 Mains expenses 74 - - - - - 857 Measuring and regulating station expenses 13 - - - - - 859 Other expenses 171 - - - - - 861 Maintenance supervision and engineering 8 - - - - - 864 Maint of compressor station equipment 18 - - - - - 865 Maint of measuring and reg station equip 2 - - - - - 867 Maintenance of other equipment 1 - - - 1 - 870 Operation supervision and engineering 386 - - - 2 -
Page 19 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION TOTAL EXECUTIVE AUDIT GOVERNMENTAL ACCOUNT DESCRIPTION OF ITEMS AMOUNT OVERHEAD SERVICES SERVICES AVIATION AFFAIRS - ------- -------------------- ------ -------- -------- -------- -------- ------- 871 Distribution load dispatching 788 - - - - - 874 Mains and services expenses 220 - - - - - 875 Measuring and reg station exp - General 10 - - - - - 876 Measuring and reg station exp - Industrial 2 - - - - - 877 Measuring and reg station exp - City gate 4 - - - - - 878 Meter and house regulator expenses 18 - - - - - 879 Customer installation expenses 67 - - - - - 880 Other expenses 1,814 - - - 2 - 885 Maintenance supervision and engineering 26 - - - 1 - 887 Maintenance of mains 15 - - - 1 - 892 Maintenance of services 27 - - - - - 893 Maint of meters and house regulators 79 - - - - - 894 Maintenance of other equipment 12 - - - - - 901 Supervision 1,735 - - - - - 902 Meter reading expenses 620 - - - 8 - 903 Customer records and collecting expenses 32,174 - - - 5 - 904 Uncollectible accounts 12 - - - - - 905 Misc customer accounts expenses 73 - - - 1 - 907 Supervision 261 - - - - - 908 Customer assistance expenses 3,027 - - - - - 909 Informational/instructional advertising exp 183 - - - - - 910 Misc customer service/ informational exp 3,137 - - - - - 911 Supervision 517 - - - - - 912 Demonstrating and selling expenses 10,208 - - 5 1 -
Page 19 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION TOTAL EXECUTIVE AUDIT GOVERNMENTAL ACCOUNT DESCRIPTION OF ITEMS AMOUNT OVERHEAD SERVICES SERVICES AVIATION AFFAIRS - ------- -------------------- ------ -------- -------- -------- -------- ------- 920 Salaries and wages 48,828 - 4,884 981 - 289 921 Office supplies and expenses 74,389 - 2,877 517 1,949 263 922 Administrative expense - - - - - 923 Outside services employed 14,386 - 3,249 271 - 1 924 Property insurance - - - - - - 925 Injuries and damages 822 - 46 9 - 3 926 Employee pensions and benefits 17,316 - 1,151 238 - 69 928 Regulatory commission expense 38 - - - - - 930.1 General advertising expenses 77 - - - - - 930.2 Miscellaneous general expense 1,780 - 1,776 - - - 931 Rents 5,798 - 362 73 - 23 932 Maintenance of structures and equipment - - - - - - 935 Maintenance of general plant 28 - - - 1 - 403 Depreciation and amortization expense - - - - - - 408 Taxes other than income taxes 5,686 - 371 78 - 21 409 Income taxes (1,400) - - - - - 410 Provision for deferred income 3,567 - - - - - 411 Provision for deferred income taxes-credit (2,032) - - - - - 411.5 Investment tax credit - - - - - - 417.1 Expenses of nonutility operations 2,253 - - - - - 426.1 Donations 2,219 - - - - 12 426.5 Other donations 554 - 32 - - 428 427 Interest on long-term debt - - - - - - 430 Interest on debt to associate companies 2,038 - - - - - 431 Other interest expense (29) - - - - - -------------------------------------------------------------------- TOTAL EXPENSES $ 252,690 $ - $ 14,749 $ 2,172 $ 2,441 $ 1,109 ====================================================================
Page 19a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION CORP ELECTRIC CORPORATE GENERAL PLANNING PRODUCTION COMMODITY PURCHASED ACCOUNT DESCRIPTION OF ITEMS COMMUNICATIONS COUNSEL & DEVELOP SERVICES BUS DEVELOP POWER - ------- -------------------- -------------- ------- --------- -------- ----------- ----- 500 Operation supervision and engineering $ - $ - $ - $ 589 $ - $ - 501 Fuel - - - 2 - 6 502 Steam expenses - - - 422 - - 505 Electric expenses - 1 - 59 - - 506 Miscellaneous steam power expenses - 61 - 1,460 - - 510 Maintenance supervision and engineering - - - 1,077 - - 511 Maintenance of structures - - - - - - 512 Maintenance of boiler plant - - - 106 - - 513 Maintenance of electric plant - - - 62 - - 514 Maintenance of miscellaneous steam plant - - - 2 - - 535 Operation supervision and engineering - - - - - - 537 Hydraulic expenses - - - - - - 538 Electric expenses - - - - - - 539 Misc hydraulic power generation expenses - 3 - 14 - - 541 Maintenance supervision and engineering - - - 13 - - 543 Maint of reservoirs, dams and waterways - - - - - - 546 Operation supervision and engineering - - - 41 - - 548 Generation expenses - - - 60 - - 549 Misc other power generation expenses - - - - - - 551 Maintenance supervision and engineering - - - - - - 552 Maintenance of structures - - - - - - 553 Maint of generating and electric plant - - - 3 - - 556 System control and load dispatching - - - - - - 560 Operation supervision and engineering - - - - - - 561 Load dispatching - - - - - - 562 Station expenses - - - - - - 563 Overhead line expenses - - - - - - 566 Miscellaneous transmission expenses - - - - - 23 568 Maintenance supervision and engineering - - - - - - 571 Maintenance of overhead lines - - - - - - 573 Maint of miscellaneous transmission plant - - - - - - 580 Operation supervision and engineering - - - - - - 581 Load dispatching - - - - - - 582 Station expenses - - - - - -
Page 19a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION CORP ELECTRIC CORPORATE GENERAL PLANNING PRODUCTION COMMODITY PURCHASED ACCOUNT DESCRIPTION OF ITEMS COMMUNICATIONS COUNSEL & DEVELOP SERVICES BUS DEVELOP POWER - ------- -------------------- -------------- ------- --------- -------- ----------- ----- 583 Overhead line expenses 1 - - - - - 584 Underground line expenses - - - - - - 585 Street lighting and signal system expenses - - - - - - 586 Meter expenses - - - - - - 587 Customer installation expenses - - - - - - 588 Miscellaneous distribution expenses - 34 - 24 - - 590 Maintenance supervision and engineering - - - - - - 592 Maintenance of station equipment - - - - - - 593 Maintenance of overhead lines - - - - - - 594 Maintenance of underground lines - - - - - - 595 Maintenance of line transformers - - - - - - 596 Maint of street lighting and signal systems - - - - - - 597 Maintenance of meters - - - - - - 598 Maint of miscellaneous distribution plant - - - - - - 807 Purchased gas expneses - - - - - - 813 Other gas supply expenses - - - - - - 814 Operation supervision and engineering - - - - - - 818 Compressor station expenses - - - - - - 820 Measuring and regulating station expenses - - - - - - 824 Other expenses - - - - - - 850 Operation supervision and engineering - - - - - - 851 System control and load dispatching - - - - - - 852 Communication system expenses - - - - - - 853 Compressor station labor and expenses - - - - - - 856 Mains expenses - - - - - - 857 Measuring and regulating station expenses - - - - - - 859 Other expenses - - - - - - 861 Maintenance supervision and engineering - - - - - - 864 Maint of compressor station equipment - - - - - - 865 Maint of measuring and reg station equip - - - - - - 867 Maintenance of other equipment - - - - - - 870 Operation supervision and engineering - - - - - -
Page 19a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION CORP ELECTRIC CORPORATE GENERAL PLANNING PRODUCTION COMMODITY PURCHASED ACCOUNT DESCRIPTION OF ITEMS COMMUNICATIONS COUNSEL & DEVELOP SERVICES BUS DEVELOP POWER - ------- -------------------- -------------- ------- --------- -------- ----------- ----- 871 Distribution load dispatching - - - - - - 874 Mains and services expenses - - - - - - 875 Measuring and reg station exp - General - - - - - - 876 Measuring and reg station exp - Industrial - - - - - - 877 Measuring and reg station exp - City gate - - - - - - 878 Meter and house regulator expenses - - - - - - 879 Customer installation expenses - - - - - - 880 Other expenses - 9 - 9 - - 885 Maintenance supervision and engineering - - - - - - 887 Maintenance of mains - - - - - - 892 Maintenance of services - - - - - - 893 Maint of meters and house regulators - - - - - - 894 Maintenance of other equipment - - - - - - 901 Supervision - - - - - - 902 Meter reading expenses - - - - - - 903 Customer records and collection expenses - - - - - - 904 Uncollectible accounts - - - - - - 905 Misc customer accounts expenses - - - - - - 907 Supervision - - - - - - 908 Customer assistance expenses - - - 5 - - 909 Informational/instructional advertising exp 132 - - - - - 910 Misc customer service/ informational exp 13 - - - - - 911 Supervision - - - - - - 912 Demonstrating and selling expenses 1 - - - - 2,946
Page 19a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION CORP ELECTRIC CORPORATE GENERAL PLANNING PRODUCTION COMMODITY PURCHASED ACCOUNT DESCRIPTION OF ITEMS COMMUNICATIONS COUNSEL & DEVELOP SERVICES BUS DEVELOP POWER - ------- -------------------- -------------- ------- --------- -------- ----------- ----- 920 Salaries and wages 1,389 1,442 2,181 2,524 369 515 921 Office supplies and expenses 1,185 2,549 1,847 2,217 108 772 922 Administrative expense - - - - - - 923 Outside services employed 5 164 814 5 100 83 924 Property insurance - - - - - - 925 Injuries and damages 12 47 19 54 4 24 926 Employee pensions and benefits 322 357 511 1,212 92 594 928 Regulatory commission expense - 4 - - - - 930.1 General advertising expenses 77 - - - - - 930.2 Miscellaneous general expense - - - - - - 931 Rents 99 112 157 378 29 187 932 Maintenance of structures and equipment - - - - - - 935 Maintenance of general plant - - - - - - 403 Depreciation and amortization expense - - - - - - 408 Taxes other than income taxes 105 116 168 396 28 189 409 Income taxes - - - - - - 410 Provision for deferred income taxes - - - - - - 411 Provision for deferred income taxes-credit - - - - - - 411.5 Investment tax credit - - - - - - 417.1 Expenses of nonutility operations 122 - - - - - 426.1 Donations 2,207 - - - - - 426.5 Other donations - 73 - - - - 427 Interest on long-term debt - - - - - - 430 Interest on debt to associate companies - - - - - - 431 Other interest expense - - - - - - ------------------------------------------------------------------------- TOTAL EXPENSES $ 5,670 $ 4,972 $ 5,697 $10,734 $ 730 $ 5,339 =========================================================================
Page 19b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION ENERGY/ RESOURCE INFORMATION PAYMENT & ENVIRON- ACQUI- TECH SUPPLY INVESTOR REPORT- HUMAN ACCOUNT DESCRIPTION OF ITEMS MENTAL SITION NOLOGY CHAIN RELATIONS ING RESOURCES - ------- -------------------- ------ ------ ------ ----- --------- --- --------- 500 Operation supervision and engineering $ 922 $ - $ 11 $ - $ - $ - $ 11 501 Fuel - 27 6 - - - 2 502 Steam expenses - - 1 - - - - 505 Electric expenses - - - - - - - 506 Miscellaneous steam power expenses 13 - 2,434 - - - 1 510 Maintenance supervision and engineering 1 - - - - - - 511 Maintenance of structures - - 4 - - - - 512 Maintenance of boiler plant 8 - 3 - - - 3 513 Maintenance of electric plant - - 4 - - - - 514 Maintenance of miscellaneous steam plant 1 - 176 - - - - 535 Operation supervision and engineering - - 11 - - - - 537 Hydraulic expenses 1 - - - - - - 538 Electric expenses - - 2 - - - - 539 Misc hydraulic power generation expenses - - 105 - - - 1 541 Maintenance supervision and engineering - - 7 - - - - 543 Maint of reservoirs, dams and waterways - - 2 - - - - 546 Operation supervision and engineering 12 - - - - - - 548 Generation expenses 2 - 144 - - - - 549 Misc other power generation expenses - - 23 - - - - 551 Maintenance supervision and engineering 6 - - - - - - 552 Maintenance of structures 1 - - - - - - 553 Maint of generating and electric plant - - 14 - - - - 556 System control and load dispatching - - 22 - - - - 560 Operation supervision and engineering - - 16 - - - - 561 Load dispatching - - 2,388 - - - - 562 Station expenses - - 3 - - - - 563 Overhead line expenses - - 8 - - - - 566 Miscellaneous transmission expenses - - 31 - - - - 568 Maintenance supervision and engineering - - - - - - - 571 Maintenance of overhead lines - - - - - - - 573 Maint of miscellaneous transmission plant - - 77 - - - - 580 Operation supervision and engineering - - 917 - - - - 581 Load dispatching - - 55 - - - - 582 Station expenses 18 - 168 - - - -
Page 19b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION ENERGY/ RESOURCE INFORMATION PAYMENT & ENVIRON- ACQUI- TECH SUPPLY INVESTOR REPORT- HUMAN ACCOUNT DESCRIPTION OF ITEMS MENTAL SITION NOLOGY CHAIN RELATIONS ING RESOURCES - ------- -------------------- ------ ------ ------ ----- --------- --- --------- 583 Overhead line expenses 1 - 82 - - - - 584 Underground line expenses - - 69 - - - - 585 Street lighting and signal system expenses - - 5 - - - - 586 Meter expenses - - 461 - - - - 587 Customer installation expenses - - 6 - - - - 588 Miscellaneous distribution expenses 131 - 4,587 1 - - 2 590 Maintenance supervision and engineering - - 12 - - - - 592 Maintenance of station equipment 84 - 17 - - - - 593 Maintenance of overhead lines - - 26 - - - 10 594 Maintenance of underground lines - - 6 - - - - 595 Maintenance of line transformers - - 16 - - - - 596 Maint of street lighting and signal systems - - 3 - - - - 597 Maintenance of meters - - 2 - - - - 598 Maint of miscellaneous distribution plant 10 - - - - - - 807 Purchased gas expneses - - - - - - - 813 Other gas supply expenses - - - - - - - 814 Operation supervision and engineering 2 - 30 - - - - 818 Compressor station expenses - - 12 - - - - 820 Measuring and regulating station expenses - - 21 - - - - 824 Other expenses - - 9 - - - - 850 Operation supervision and engineering - - 121 - - - - 851 System control and load dispatching - - - - - - - 852 Communication system expenses - - 25 - - - - 853 Compressor station labor and expenses - - 19 - - - - 856 Mains expenses - - 71 - - - - 857 Measuring and regulating station expenses - - 13 - - - - 859 Other expenses - - 102 - - - 1 861 Maintenance supervision and engineering - - 8 - - - - 864 Maint of compressor station equipment - - 18 - - - - 865 Maint of measuring and reg station equip - - 2 - - - - 867 Maintenance of other equipment - - - - - - - 870 Operation supervision and engineering - - 383 - - - -
Page 19b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION ENERGY/ RESOURCE INFORMATION PAYMENT & ENVIRON- ACQUI- TECH SUPPLY INVESTOR REPORT- HUMAN ACCOUNT DESCRIPTION OF ITEMS MENTAL SITION NOLOGY CHAIN RELATIONS ING RESOURCES - ------- -------------------- ------ ------ ------ ----- --------- --- --------- 871 Distribution load dispatching - - 11 - - - - 874 Mains and services expenses - - 220 - - - - 875 Measuring and reg station exp - General - - 10 - - - - 876 Measuring and reg station exp - Industrial - - 2 - - - - 877 Measuring and reg station exp - City gate - - 4 - - - - 878 Meter and house regulator expenses - - 18 - - - - 879 Customer installation expenses - - 67 - - - - 880 Other expenses 98 - 1,581 1 - - 20 885 Maintenance supervision and engineering 9 - 16 - - - - 887 Maintenance of mains - - 14 - - - - 892 Maintenance of services - - 27 - - - - 893 Maint of meters and house regulators - - 79 - - - - 894 Maintenance of other equipment - - - - - - - 901 Supervision - - 21 - - - - 902 Meter reading expenses - - 594 - - - - 903 Customer records and collection expenses - - 5,630 1 - - - 904 Uncollectible accounts - - 12 - - - - 905 Misc customer accounts expenses - - 70 - - - - 907 Supervision - - 4 - - - - 908 Customer assistance expenses - - 9 - - - - 909 Informational/instructional advertising exp - - - - - - - 910 Misc customer service/ informational exp - - 35 - - - - 911 Supervision - - - - - - - 912 Demonstrating and selling expenses - - 334 - - - -
Page 19b ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION ENERGY/ RESOURCE INFORMATION PAYMENT & ENVIRON- ACQUI- TECH SUPPLY INVESTOR REPORT- HUMAN ACCOUNT DESCRIPTION OF ITEMS MENTAL SITION NOLOGY CHAIN RELATIONS ING RESOURCES - ------- -------------------- ------ ------ ------ ----- --------- --- --------- 920 Salaries and wages 1,424 1,759 343 3,395 400 603 5,399 921 Office supplies and expenses 662 662 16,604 6,385 528 1,126 5,038 922 Administrative expense - - - - - - - 923 Outside services employed 12 81 678 3,003 542 192 585 924 Property insurance - - - - - - - 925 Injuries and damages 18 17 4 32 3 6 93 926 Employee pensions and benefits 455 426 126 835 86 141 1,282 928 Regulatory commission expense - - - - - - - 930.1 General advertising expenses - - - - - - - 930.2 Miscellaneous general expense - - 2 - - - 2 931 Rents 142 133 132 259 26 44 401 932 Maintenance of structures and equipment - - - - - - - 935 Maintenance of general plant - - 22 - - - - 403 Depreciation and amortization expense - - - - - - - 408 Taxes other than income taxes 148 138 48 279 28 51 417 409 Income taxes - - - - - - - 410 Provision for deferred income taxes - - - - - - - 411 Provision for deferred income taxes-credit - - - - - - - 411.5 Investment tax credit - - - - - - - 417.1 Expenses of nonutility operations - - 112 - - - 1 426.1 Donations - - - - - - - 426.5 Other donations - - 7 - - - - 427 Interest on long-term debt - - - - - - - 430 Interest on debt to associate companies - - - - - - - 431 Other interest expense - - - - - - - ---------------------------------------------------------------------------- TOTAL EXPENSES $ 4,181 $ 3,243 $39,594 $14,191 $ 1,613 $ 2,163 $13,269 ============================================================================
Page 19c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION WHOLESALE REGULATORY CONTROLLERS BULK POWER RES & BUS CUSTOM ACCOUNT DESCRIPTION OF ITEMS ADMINISTRATION ORGANIZATION SALES SALES ACCT SALES - ------- -------------------- -------------- ------------ ----- ----- ---------- 500 Operation supervision and engineering $ - $ - $ - $ - $ - 501 Fuel - - - - - 502 Steam expenses - - - - - 505 Electric expenses - - - - - 506 Miscellaneous steam power expenses - - - - - 510 Maintenance supervision and engineering - - - - - 511 Maintenance of structures - - - - - 512 Maintenance of boiler plant - - - - - 513 Maintenance of electric plant - - - - - 514 Maintenance of miscellaneous steam plant - - - - - 535 Operation supervision and engineering - - - - - 537 Hydraulic expenses - - - - - 538 Electric expenses - - - - - 539 Misc hydraulic power generation expenses - - - - - 541 Maintenance supervision and engineering - - - - - 543 Maint of reservoirs, dams and waterways - - - - - 546 Operation supervision and engineering - - - - - 548 Generation expenses - - - - - 549 Misc other power generation expenses - - - - - 551 Maintenance supervision and engineering - - - - - 552 Maintenance of structures - - - - - 553 Maint of generating and electric plant - - - - - 556 System control and load dispatching - - - - - 560 Operation supervision and engineering - - - - - 561 Load dispatching - - - - - 562 Station expenses - - - - - 563 Overhead line expenses - - - - - 566 Miscellaneous transmission expenses - - - - - 568 Maintenance supervision and engineering - - - - - 571 Maintenance of overhead lines - - - - - 573 Maint of miscellaneous transmission plant - - - - - 580 Operation supervision and engineering - - - - - 581 Load dispatching - - - - - 582 Station expenses - - - - -
Page 19c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION WHOLESALE REGULATORY CONTROLLERS BULK POWER RES & BUS CUSTOM ACCOUNT DESCRIPTION OF ITEMS ADMINISTRATION ORGANIZATION SALES SALES ACCT SALES - ------- -------------------- -------------- ------------ ----- ----- ---------- 583 Overhead line expenses - - - - - 584 Underground line expenses - - - - - 585 Street lighting and signal system expenses - - - - - 586 Meter expenses - - - - - 587 Customer installation expenses - - - 112 - 588 Miscellaneous distribution expenses - - - - - 590 Maintenance supervision and engineering - - - - - 592 Maintenance of station equipment - - - - - 593 Maintenance of overhead lines - - - - - 594 Maintenance of underground lines - - - - - 595 Maintenance of line transformers - - - - - 596 Maint of street lighting and signal systems - - - - - 597 Maintenance of meters - - - - - 598 Maint of miscellaneous distribution plant - - - - - 807 Purchased gas expneses - - - - - 813 Other gas supply expenses - - - - - 814 Operation supervision and engineering - - - - - 818 Compressor station expenses - - - - - 820 Measuring and regulating station expenses - - - - - 824 Other expenses - - - - - 850 Operation supervision and engineering - - - - - 851 System control and load dispatching - - - - - 852 Communication system expenses - - - - - 853 Compressor station labor and expenses - - - - - 856 Mains expenses - - - - - 857 Measuring and regulating station expenses - - - - - 859 Other expenses - - - - - 861 Maintenance supervision and engineering - - - - - 864 Maint of compressor station equipment - - - - - 865 Maint of measuring and reg station equip - - - - - 867 Maintenance of other equipment - - - - - 870 Operation supervision and engineering - - - - -
Page 19c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION WHOLESALE REGULATORY CONTROLLERS BULK POWER RES & BUS CUSTOM ACCOUNT DESCRIPTION OF ITEMS ADMINISTRATION ORGANIZATION SALES SALES ACCT SALES - ------- -------------------- -------------- ------------ ----- ----- ---------- 871 Distribution load dispatching - - - - - 874 Mains and services expenses - - - - - 875 Measuring and reg station exp - General - - - - - 876 Measuring and reg station exp - Industrial - - - - - 877 Measuring and reg station exp - City gate - - - - - 878 Meter and house regulator expenses - - - - - 879 Customer installation expenses - - - - - 880 Other expenses - - - - - 885 Maintenance supervision and engineering - - - - - 887 Maintenance of mains - - - - - 892 Maintenance of services - - - - - 893 Maint of meters and house regulators - - - - - 894 Maintenance of other equipment - - - - - 901 Supervision - - - - - 902 Meter reading expenses - - - - - 903 Customer records and collection expenses 5 - - 15 - 904 Uncollectible accounts - - - - - 905 Misc customer accounts expenses - - - - - 907 Supervision - - 55 72 - 908 Customer assistance expenses - - 211 1,680 242 909 Informational/instructional advertising exp - - - - - 910 Misc customer service/ informational exp 2 - - 169 1 911 Supervision - - 51 82 1 912 Demonstrating and selling expenses - - 1,084 1,377 769
Page 19c ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION WHOLESALE REGULATORY CONTROLLERS BULK POWER RES & BUS CUSTOM ACCOUNT DESCRIPTION OF ITEMS ADMINISTRATION ORGANIZATION SALES SALES ACCT SALES - ------- -------------------- -------------- ------------ ----- ----- ---------- 920 Salaries and wages 2,045 3,670 40 215 47 921 Office supplies and expenses 1,375 8,302 316 247 54 922 Administrative expense - - - - - 923 Outside services employed 80 3,448 - 1 - 924 Property insurance - - - - - 925 Injuries and damages 19 35 9 26 6 926 Employee pensions and benefits 502 898 223 637 168 928 Regulatory commission expense 34 - - - - 930.1 General advertising expenses - - - - - 930.2 Miscellaneous general expense - - - - - 931 Rents 156 280 71 201 52 932 Maintenance of structures and equipment - - - - - 935 Maintenance of general plant - - - - - 403 Depreciation and amortization expense - - - - - 408 Taxes other than income taxes 164 291 72 208 55 409 Income taxes - (1,400) - - - 410 Provision for deferred income taxes - 3,567 - - - 411 Provision for deferred income taxes-credit - (2,032) - - - 411.5 Investment tax credit - - - - - 417.1 Expenses of nonutility operations 5 21 - 35 38 426.1 Donations - - - - - 426.5 Other donations 1 - - 3 - 427 Interest on long-term debt - - - - - 430 Interest on debt to associate companies - 2,038 - - - 431 Other interest expense - (29) - - - ---------------------------------------------------------------------------- TOTAL EXPENSES $ 4,388 $19,089 $ 2,132 $ 5,080 $ 1,433 ============================================================================
Page 19d ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION STRATEGIC/ COMMUNITY & DESIGN SUBSTATION TRANSMISSION CONSTRUCTION, KEY ACC ECONOMIC ENGINEER ENGINEER ENGINEER OPERATION & ACCOUNT DESCRIPTION OF ITEMS SALES DEV -ING -ING -ING MAINTENANCE - ------- -------------------- ----- --- ---- ---- ---- ----------- 500 Operation supervision and engineering $ - $ - $ - $ - $ - $ - 501 Fuel - - - - - - 502 Steam expenses - - - - - - 505 Electric expenses - - - - - - 506 Miscellaneous steam power expenses - - - - 2 - 510 Maintenance supervision and engineering - - - - - - 511 Maintenance of structures - - - - - - 512 Maintenance of boiler plant - - - - - - 513 Maintenance of electric plant - - - 1 - - 514 Maintenance of miscellaneous steam plant - - - - - 1 535 Operation supervision and engineering - - - - - - 537 Hydraulic expenses - - - - - - 538 Electric expenses - - - - - - 539 Misc hydraulic power generation expenses - - - - 26 - 541 Maintenance supervision and engineering - - - - - - 543 Maint of reservoirs, dams and waterways - - - - - - 546 Operation supervision and engineering - - - - - - 548 Generation expenses - - - - - - 549 Misc other power generation expenses - - - - 4 - 551 Maintenance supervision and engineering - - - - - - 552 Maintenance of structures - - - - - - 553 Maint of generating and electric plant - - - - - - 556 System control and load dispatching - - - - - - 560 Operation supervision and engineering - - - 1 - 72 561 Load dispatching - - - 1 - - 562 Station expenses - - - - 1 - 563 Overhead line expenses - - - - - - 566 Miscellaneous transmission expenses - - - 1 194 2 568 Maintenance supervision and engineering - - - - - 72 571 Maintenance of overhead lines - - - - - 29 573 Maint of miscellaneous transmission plant - - - - - - 580 Operation supervision and engineering - - 23 - - 71 581 Load dispatching - - - - - - 582 Station expenses - - - - - -
Page 19d ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION STRATEGIC/ COMMUNITY & DESIGN SUBSTATION TRANSMISSION CONSTRUCTION, KEY ACC ECONOMIC ENGINEER ENGINEER ENGINEER OPERATION & ACCOUNT DESCRIPTION OF ITEMS SALES DEV -ING -ING -ING MAINTENANCE - ------- -------------------- ----- --- ---- ---- ---- ----------- 583 Overhead line expenses 1 - - - 4 - 584 Underground line expenses - - - - - - 585 Street lighting and signal system expenses - - - - - - 586 Meter expenses - - 2 - - - 587 Customer installation expenses - - - - - - 588 Miscellaneous distribution expenses 3 - - - 134 - 590 Maintenance supervision and engineering - - - 2 - 64 592 Maintenance of station equipment - - 43 - - - 593 Maintenance of overhead lines - - 99 - - 202 594 Maintenance of underground lines - - - - - - 595 Maintenance of line transformers - - - - - - 596 Maint of street lighting and signal systems - - 3 - - - 597 Maintenance of meters - - - - - - 598 Maint of miscellaneous distribution plant - - - - - 23 807 Purchased gas expneses - - - - - - 813 Other gas supply expenses - - - - - - 814 Operation supervision and engineering - - - - 4 - 818 Compressor station expenses - - - - - - 820 Measuring and regulating station expenses - - - - - - 824 Other expenses - - - - - - 850 Operation supervision and engineering - - - - - - 851 System control and load dispatching - - - - - - 852 Communication system expenses - - - - - - 853 Compressor station labor and expenses - - - - - - 856 Mains expenses - - - - 3 - 857 Measuring and regulating station expenses - - - - - - 859 Other expenses - - - - 68 - 861 Maintenance supervision and engineering - - - - - - 864 Maint of compressor station equipment - - - - - - 865 Maint of measuring and reg station equip - - - - - - 867 Maintenance of other equipment - - - - - - 870 Operation supervision and engineering - - - - - 1
Page 19d ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION STRATEGIC/ COMMUNITY & DESIGN SUBSTATION TRANSMISSION CONSTRUCTION, KEY ACC ECONOMIC ENGINEER ENGINEER ENGINEER OPERATION & ACCOUNT DESCRIPTION OF ITEMS SALES DEV -ING -ING -ING MAINTENANCE - ------- -------------------- ----- --- ---- ---- ---- ----------- 871 Distribution load dispatching - - - - - - 874 Mains and services expenses - - - - - - 875 Measuring and reg station exp - General - - - - - - 876 Measuring and reg station exp - Industrial - - - - - - 877 Measuring and reg station exp - City gate - - - - - - 878 Meter and house regulator expenses - - - - - - 879 Customer installation expenses - - - - - - 880 Other expenses - - - - 76 17 885 Maintenance supervision and engineering - - - - - - 887 Maintenance of mains - - - - - - 892 Maintenance of services - - - - - - 893 Maint of meters and house regulators - - - - - - 894 Maintenance of other equipment - - - - - 12 901 Supervision - - 12 - - - 902 Meter reading expenses - - - - - - 903 Customer records and collection expenses - - - - - - 904 Uncollectible accounts - - - - - - 905 Misc customer accounts expenses - - - - - - 907 Supervision 52 - - - - - 908 Customer assistance expenses 682 - - - - - 909 Informational/instructional advertising exp - - - - - - 910 Misc customer service/ informational exp 7 - 1 - - - 911 Supervision 47 - - - - - 912 Demonstrating and selling expenses 1,437 869 - - - -
Page 19d ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION STRATEGIC/ COMMUNITY & DESIGN SUBSTATION TRANSMISSION CONSTRUCTION, KEY ACC ECONOMIC ENGINEER ENGINEER ENGINEER OPERATION & ACCOUNT DESCRIPTION OF ITEMS SALES DEV -ING -ING -ING MAINTENANCE - ------- -------------------- ----- --- ---- ---- ---- ----------- 920 Salaries and wages 27 77 1,757 3,472 3,256 513 921 Office supplies and expenses 142 125 997 4,603 4,629 241 922 Administrative expense - - - - - - 923 Outside services employed - - 15 112 30 - 924 Property insurance - - - - - - 925 Injuries and damages 14 6 17 33 34 60 926 Employee pensions and benefits 379 166 434 882 886 213 928 Regulatory commission expense - - - - - - 930.1 General advertising expenses - - - - - - 930.2 Miscellaneous general expense - - - - - - 931 Rents 116 45 135 270 275 66 932 Maintenance of structures and equipment - - - - - - 935 Maintenance of general plant - - - - - - 403 Depreciation and amortization expense - - - - - - 408 Taxes other than income taxes 124 52 140 285 291 68 409 Income taxes - - - - - - 410 Provision for deferred income taxes - - - - - - 411 Provision for deferred income taxes-credit - - - - - - 411.5 Investment tax credit - - - - - - 417.1 Expenses of nonutility operations 87 - 6 1 2 - 426.1 Donations - - - - - - 426.5 Other donations - 7 1 - - 2 427 Interest on long-term debt - - - - - - 430 Interest on debt to associate companies - - - - - - 431 Other interest expense - - - - - - ----------------------------------------------------------------------- TOTAL EXPENSES $ 3,118 $ 1,347 $ 3,685 $ 9,664 $ 9,919 $ 1,729 =======================================================================
Page 19e ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION DISTRIBUTION GAS PLANNING, SUPPORT CUSTOMER MARKETING ACCOUNT DESCRIPTION OF ITEMS SERVICES TRANSPORTATION SERVICE MARKETING & SUPPLY - ------- -------------------- -------- -------------- ------- --------- -------- 500 Operation supervision and engineering $ - $ - $ - $ 4 $ - 501 Fuel - - - - - 502 Steam expenses - - - - - 505 Electric expenses - - - - - 506 Miscellaneous steam power expenses - - - - - 510 Maintenance supervision and engineering - - - - - 511 Maintenance of structures - - - - - 512 Maintenance of boiler plant - - - - - 513 Maintenance of electric plant - - - - - 514 Maintenance of miscellaneous steam plant - - - - - 535 Operation supervision and engineering - - - - - 537 Hydraulic expenses - - - - - 538 Electric expenses - - - - - 539 Misc hydraulic power generation expenses - - - - - 541 Maintenance supervision and engineering - - - - - 543 Maint of reservoirs, dams and waterways - - - - - 546 Operation supervision and engineering - - - - - 548 Generation expenses - - - - - 549 Misc other power generation expenses - - - - - 551 Maintenance supervision and engineering - - - - - 552 Maintenance of structures - - - - - 553 Maint of generating and electric plant - - - - - 556 System control and load dispatching - - - - - 560 Operation supervision and engineering - - - - - 561 Load dispatching - - - - - 562 Station expenses - - - - - 563 Overhead line expenses - - - - - 566 Miscellaneous transmission expenses - - - - - 568 Maintenance supervision and engineering - - - - - 571 Maintenance of overhead lines - - - - - 573 Maint of miscellaneous transmission plant - - - - - 580 Operation supervision and engineering - - - - - 581 Load dispatching - - - - - 582 Station expenses - - - - -
Page 19e ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION DISTRIBUTION GAS PLANNING, SUPPORT CUSTOMER MARKETING ACCOUNT DESCRIPTION OF ITEMS SERVICES TRANSPORTATION SERVICE MARKETING & SUPPLY - ------- -------------------- -------- -------------- ------- --------- -------- 583 Overhead line expenses - - - - - 584 Underground line expenses - - - - - 585 Street lighting and signal system expenses - - - - - 586 Meter expenses - - - - - 587 Customer installation expenses 10 - - - - 588 Miscellaneous distribution expenses 14 - - - - 590 Maintenance supervision and engineering - - - - - 592 Maintenance of station equipment - - - - - 593 Maintenance of overhead lines - - - - - 594 Maintenance of underground lines - - - - - 595 Maintenance of line transformers - - - - - 596 Maint of street lighting and signal systems - - - - - 597 Maintenance of meters - - - - - 598 Maint of miscellaneous distribution plant - - - - - 807 Purchased gas expneses - - - - 313 813 Other gas supply expenses - - - - 138 814 Operation supervision and engineering - - - - - 818 Compressor station expenses - - - - - 820 Measuring and regulating station expenses - - - - - 824 Other expenses - - - - - 850 Operation supervision and engineering - - - - - 851 System control and load dispatching - - - - 824 852 Communication system expenses - - - - 189 853 Compressor station labor and expenses - - - - - 856 Mains expenses - - - - - 857 Measuring and regulating station expenses - - - - - 859 Other expenses - - - - - 861 Maintenance supervision and engineering - - - - - 864 Maint of compressor station equipment - - - - - 865 Maint of measuring and reg station equip - - - - - 867 Maintenance of other equipment - - - - - 870 Operation supervision and engineering - - - - -
Page 19e ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION DISTRIBUTION GAS PLANNING, SUPPORT CUSTOMER MARKETING ACCOUNT DESCRIPTION OF ITEMS SERVICES TRANSPORTATION SERVICE MARKETING & SUPPLY - ------- -------------------- -------- -------------- ------- --------- -------- 871 Distribution load dispatching - - - - 777 874 Mains and services expenses - - - - - 875 Measuring and reg station exp - General - - - - - 876 Measuring and reg station exp - Industrial - - - - - 877 Measuring and reg station exp - City gate - - - - - 878 Meter and house regulator expenses - - - - - 879 Customer installation expenses - - - - - 880 Other expenses 1 - - - - 885 Maintenance supervision and engineering - - - - - 887 Maintenance of mains - - - - - 892 Maintenance of services - - - - - 893 Maint of meters and house regulators - - - - - 894 Maintenance of other equipment - - - - - 901 Supervision - - 1,701 1 - 902 Meter reading expenses - - 18 - - 903 Customer records and collection expenses - - 26,514 4 - 904 Uncollectible accounts - - - - - 905 Misc customer accounts expenses - - 2 - - 907 Supervision - - - 78 - 908 Customer assistance expenses 1 - - 196 - 909 Informational/instructional advertising exp - - 51 - - 910 Misc customer service/ informational exp 43 2 - 2,862 - 911 Supervision - - - 176 156 912 Demonstrating and selling expenses - - 2 303 1,080
Page 19e ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION DISTRIBUTION GAS PLANNING, SUPPORT CUSTOMER MARKETING ACCOUNT DESCRIPTION OF ITEMS SERVICES TRANSPORTATION SERVICE MARKETING & SUPPLY - ------- -------------------- -------- -------------- ------- --------- -------- 920 Salaries and wages 706 54 744 1,301 465 921 Office supplies and expenses 79 202 841 1,589 222 922 Administrative expense - - - - - 923 Outside services employed 35 - 87 783 - 924 Property insurance - - - - - 925 Injuries and damages 9 - 89 32 22 926 Employee pensions and benefits 179 - 1,939 769 554 928 Regulatory commission expense - - - - - 930.1 General advertising expenses - - - - - 930.2 Miscellaneous general expense - - - - - 931 Rents 58 - 606 241 172 932 Maintenance of structures and equipment - - - - - 935 Maintenance of general plant - - - - - 403 Depreciation and amortization expense - - - - - 408 Taxes other than income taxes 56 - 649 249 181 409 Income taxes - - - - - 410 Provision for deferred income taxes - - - - - 411 Provision for deferred income taxes-credit - - - - - 411.5 Investment tax credit - - - - - 417.1 Expenses of nonutility operations 1 - - 1,813 - 426.1 Donations - - - - - 426.5 Other donations - - - - - 427 Interest on long-term debt - - - - - 430 Interest on debt to associate companies - - - - - 431 Other interest expense - - - - - -------------------------------------------------------------------- TOTAL EXPENSES $ 1,192 $ 258 $33,243 $10,401 $ 5,093 ====================================================================
Page 19f ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION FINANCE AND ENERGY ACCOUNT DESCRIPTION OF ITEMS FACILITIES TREASURY SUPPLY - ------- -------------------- ---------- -------- ------ 500 Operation supervision and engineering $ - $ - $ - 501 Fuel - - - 502 Steam expenses - - - 505 Electric expenses 1 - - 506 Miscellaneous steam power expenses - - - 510 Maintenance supervision and engineering - - - 511 Maintenance of structures - - - 512 Maintenance of boiler plant - - - 513 Maintenance of electric plant - - - 514 Maintenance of miscellaneous steam plant - - - 535 Operation supervision and engineering - - - 537 Hydraulic expenses - - - 538 Electric expenses - - - 539 Misc hydraulic power generation expenses - - - 541 Maintenance supervision and engineering - - - 543 Maint of reservoirs, dams and waterways - - - 546 Operation supervision and engineering - - - 548 Generation expenses - - - 549 Misc other power generation expenses - - - 551 Maintenance supervision and engineering - - - 552 Maintenance of structures - - - 553 Maint of generating and electric plant - - - 556 System control and load dispatching - - 4 560 Operation supervision and engineering - - - 561 Load dispatching - - - 562 Station expenses - - - 563 Overhead line expenses - - - 566 Miscellaneous transmission expenses - - - 568 Maintenance supervision and engineering - - - 571 Maintenance of overhead lines - - - 573 Maint of miscellaneous transmission plant - - - 580 Operation supervision and engineering - - - 581 Load dispatching - - - 582 Station expenses - - -
Page 19f ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION FINANCE AND ENERGY ACCOUNT DESCRIPTION OF ITEMS FACILITIES TREASURY SUPPLY - ------- -------------------- ---------- -------- ------ 583 Overhead line expenses - - - 584 Underground line expenses - - - 585 Street lighting and signal system expenses - - - 586 Meter expenses - - - 587 Customer installation expenses - - - 588 Miscellaneous distribution expenses 1 - 10 590 Maintenance supervision and engineering - - - 592 Maintenance of station equipment - - - 593 Maintenance of overhead lines - - - 594 Maintenance of underground lines - - - 595 Maintenance of line transformers - - - 596 Maint of street lighting and signal systems - - - 597 Maintenance of meters - - - 598 Maint of miscellaneous distribution plant - - - 807 Purchased gas expneses - - - 813 Other gas supply expenses - - - 814 Operation supervision and engineering - - - 818 Compressor station expenses - - - 820 Measuring and regulating station expenses - - - 824 Other expenses - - - 850 Operation supervision and engineering - - - 851 System control and load dispatching - - - 852 Communication system expenses - - - 853 Compressor station labor and expenses - - - 856 Mains expenses - - - 857 Measuring and regulating station expenses - - - 859 Other expenses - - - 861 Maintenance supervision and engineering - - - 864 Maint of compressor station equipment - - - 865 Maint of measuring and reg station equip - - - 867 Maintenance of other equipment - - - 870 Operation supervision and engineering - - -
Page 19f ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION FINANCE AND ENERGY ACCOUNT DESCRIPTION OF ITEMS FACILITIES TREASURY SUPPLY - ------- -------------------- ---------- -------- ------ 871 Distribution load dispatching - - - 874 Mains and services expenses - - - 875 Measuring and reg station exp - General - - - 876 Measuring and reg station exp - Industrial - - - 877 Measuring and reg station exp - City gate - - - 878 Meter and house regulator expenses - - - 879 Customer installation expenses - - - 880 Other expenses - - - 885 Maintenance supervision and engineering - - - 887 Maintenance of mains - - - 892 Maintenance of services - - - 893 Maint of meters and house regulators - - - 894 Maintenance of other equipment - - - 901 Supervision - - - 902 Meter reading expenses - - - 903 Customer records and collection expenses - - - 904 Uncollectible accounts - - - 905 Misc customer accounts expenses - - - 907 Supervision - - - 908 Customer assistance expenses - 1 - 909 Informational/instructional advertising exp - - - 910 Misc customer service/ informational exp - 2 - 911 Supervision - 4 - 912 Demonstrating and selling expenses - - -
Page 19f ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVII--SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION (thousands of dollars) INSTRUCTIONS: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION FINANCE AND ENERGY ACCOUNT DESCRIPTION OF ITEMS FACILITIES TREASURY SUPPLY - ------- -------------------- ---------- -------- ------ 871 Distribution load dispatching - - - - ------------------------------------------------------------------------------------------------------------------ 920 Salaries and wages 1,113 1,315 114 921 Office supplies and expenses 4,332 738 66 922 Administrative expense - - - 923 Outside services employed 7 3 - 924 Property insurance - - - 925 Injuries and damages 7 12 1 926 Employee pensions and benefits 234 325 31 928 Regulatory commission expense - - - 930.1 General advertising expenses - - - 930.2 Miscellaneous general expense - - - 931 Rents 388 99 10 932 Maintenance of structures and equipment - - - 935 Maintenance of general plant - - 5 403 Depreciation and amortization expense - - - 408 Taxes other than income taxes 104 106 10 409 Income taxes - - - 410 Provision for deferred income taxes - - - 411 Provision for deferred income taxes-credit - - - 411.5 Investment tax credit - - - 417.1 Expenses of nonutility operations 3 6 - 426.1 Donations - - - 426.5 Other donations - - - 427 Interest on long-term debt - - - 430 Interest on debt to associate companies - - - 431 Other interest expense - - - ------------------------------------------ TOTAL EXPENSES $ 6,190 $ 2,611 $ 251 ==========================================
Page 20 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 DEPARTMENTAL ANALYSIS OF SALARIES--ACCOUNT 920 (thousands of dollars)
DEPARTMENTAL SALARY EXPENSE ---------------------------------------- INCLUDED IN AMOUNTS BILLED TO: PARENT NUMBER OF NAME OF DEPARTMENT TOTAL COMPANY OTHER NON- PERSONNEL OR SERVICE FUNCTION AMOUNT (NCE) ASSOCIATES ASSOCIATES END OF YEAR - ------------------- ------ ----- ---------- ---------- ----------- Executive Services $ 4,884 $ 200 $ 4,684 $ - 37 Audit Services 981 45 936 - 17 Aviation - - - - 12 Governmental Affairs 289 84 205 - 7 Corporate Communications 1,389 30 1,359 - 26 General Counsel 1,442 185 1,257 - 15 Corporate Planning & Development 2,181 68 2,113 - 27 Production Services 2,524 1 2,523 - 82 Electric Commodity - Business Development 369 - 369 - 7 Purchased Power 515 - 515 - 38 Energy & Environmental 1,424 - 1,424 - 34 Resource Acquisition 1,759 - 1,759 - 31 Information Technology 343 - 343 - 23 Supply Chain 3,395 - 3,395 - 68 Investor Relations 400 16 384 - 5 Payment & Reporting 603 - 603 - 20 Human Resources 5,399 1 5,398 - 98 Regulatory Administration 2,045 - 2,045 - 32 Controllers Organization 3,670 177 3,493 - 62 Wholesale/Bulk Power Sales 40 - 40 - 14 Residential and Business Sales 215 - 215 - 51 Custom Account Sales 47 - 47 - 10 Strategic and Key Account Sales 27 - 27 - 19 Community and Economic Development 77 - 77 - 9 Design Engineering 1,757 - 1,757 - 27 Substation Engineering 3,472 - 3,472 - 65 Transmission Engineering 3,256 - 3,256 - 63 Construction, Oper & Maintenance 513 - 513 - 11 Distribution Support Services 706 3 703 - 16 Transportation 54 - 54 - 3 Customer Service 744 - 744 - 240 Marketing 1,301 17 1,284 - 47 Gas Planning, Marketing & Supply 465 1 464 - 40 Facilities 1,113 1 1,112 - 7 Finance & Treasury 1,315 131 1,184 - 19 Energy Supply/Bulk Power Transport 114 - 114 - 2 ---------------------------------------------------- TOTAL $48,828 $ 960 $47,868 $ - 1,284 ====================================================
Page 21 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 OUTSIDE SERVICES EMPLOYED--ACCOUNT 923 (thousands of dollars) INSTRUCTIONS: Provide a breakdown of outside services employed. If the aggregate amounts paid to any one payee and included within one category is less than $25,000, only the aggregate number and amount of all such payments included within the subaccounts need be shown. Provide a subtotal for each type of service.
RELATIONSHIP SERVICES A'=ASSOCIATED FROM WHOM PURCHASED PROVIDED "NA"=NONASSOCIATED AMOUNT ------------------- -------- ------------------ ------ Legal Services Other (33) Legal Services NA 81 ------ Total Legal Services 81 ------ Auditing, Tax, Consulting and Accounting Services Arthur Andersen, LLP Auditing, Tax and Other Services NA 3,914 Deloitte & Touche, LLP Auditing, Tax and Other Services NA 3,603 KPMG Peat Marwick LLP Auditing, Tax and Other Services NA 45 Terry & Stephenson Auditing: Benefits NA 26 ----- Total Auditing, Tax, Consulting and Other Services 7,588 ----- Temporary Personnel Account Temps, Inc. Temporary Personnel NA 33 Accu Staff, Inc. Temporary Personnel NA 61 Kelly Services Temporary Personnel NA 177 Office Team Temporary Personnel NA 141 Precision Resources Temporary Personnel A 636 Power Engineering Temporary Personnel NA 107 ---- Total Temporary Personnel 1,155 ----- Consulting Services Gene Smith Supply Chain Consulting NA 126 Hagler Bailly Consulting Consulting Services NA 57 IBM Global Services Computer Services Consulting NA 224 Management Systems International Business Process Improvement NA 481 Policy Assessment Corp. Electric Deregulation Consulting NA 145 Towers Perrin Benefits Consulting NA 207 Watson Wyatt & Company Benefits Consulting NA 176 ----- Total Consulting 1,416 ----- Outside Services Apogee Group, Inc. Management Training NA 50 Bank of New York Transfer Agent Fee NA 451 Beacon Hill Partner Transfer Agent Fee NA 35 Cegelec ESCA Corp Consulting NA 39 Enron Wind Development Energy Consulting NA 44 Executive Life Insurance Plan Benefits NA 97 Hanley Communications, Inc. Marketing NA 59
Page 21a ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 OUTSIDE SERVICES EMPLOYED--ACCOUNT 923 (thousands of dollars)
RELATIONSHIP SERVICES A'=ASSOCIATED FROM WHOM PURCHASED PROVIDED "NA"=NONASSOCIATED AMOUNT ------------------- -------- ------------------ ------ Hartford Life & Annuity Benefits NA $ 200 Health Promotion Management, Inc. Wellness Program NA 91 Henwood Energy Services Utility Deregulation Consulting NA 39 Indus International Supply Chain Consulting NA 686 International Billing Services Computer Programming NA 214 International Utility Efficiency Membership NA 57 JA Wright & Associates Consulting Services NA 37 Media Mosaic Communication Consulting NA 33 Message Factors Incorporated Marketing Consulting NA 55 New Energy Associates Business Unit Process Improvement NA 160 Pacific Economics Group Strategic Business Consulting NA 74 Power Quality Utility Consulting NA 26 Radian International Air Quality Consulting NA 44 South Park Motor Limited Freight Service NA 171 Stafford Group Consulting Services NA 52 Stratus Consulting Inc. Consulting Services NA 64 Vanguard Fiduciary Trust Company Benefits Administration NA 43 Walker Interactive Consulting Computer Program Consulting NA 480 Other (400) Various NA 845 ------- Total Outside Services 4,146 ------- TOTAL OUTSIDE SERVICES EMPLOYED $14,386 =======
Page 22 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 EMPLOYEE PENSION AND BENEFITS--ACCOUNT 926 (thousands of dollars) INSTRUCTIONS: Provide a listing of each pension plan and benefit program provided by the service company. Such listing should be limited to $25,000. DESCRIPTION AMOUNT ----------- ------ ------------- Incentive Plan $ 6,000 Pensions (1,676) Supplemental Executive Retirement Plan 4,000 Employee Savings Plans (401K) 623 Post Retirement Health Care 1,020 Post Retirement Life Insurance 37 Managed Health Care 4,879 Other Medical 51 Dental Care 818 Vision Care 180 Long-term Disability 618 Life Insurance (109) Postemployment benefits 1,129 Vacation 536 Other (790) ------------- $ 17,316 ============= Page 23 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 GENERAL ADVERTISING EXPENSE-ACCOUNT 930.1 (thousands of dollars) INSTRUCTIONS: Provide a listing of the amount included in Account 930.1, "General Advertising Expenses", classifying the items according to the nature of the advertising and as defined in the account definition. If a particular class includes an amount in excess of $3,000 applicable to a single payee, show separately the name of the payee and the aggregate amount applicable thereto. DESCRIPTION NAME OF PAYEE AMOUNT Contract Advertising Personnel Hotchkiss, Inc. 74 Advertising/Printing Wayne A. Salge 2 Miscellaneous Advertising Various 1 ----- TOTAL $ 77 ====== MISCELLANEOUS GENERAL EXPENSES-ACCOUNT 930.2 (thousands of dollars) INSTRUCTIONS: Provide a listing of the amount included in Account 930.2, "Miscellaneous General Expenses" classifying such expenses according to their nature. Payments and expenses permitted by Section 321 (b)(2) of the Federal Election Campaign Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. 441 (b)(2)) shall be separately classified. DESCRIPTION NAME OF PAYEE AMOUNT Miscellanous General Expenses Various $ 3 Board of Director Fees and Expenses Various 927 Industry Dues Edison Power Research Institute 850 ------ TOTAL $1,780 ====== RENTS-ACCOUNT 931 (thousands of dollars) INSTRUCTIONS: Provide a listing of the amount included in Account 931, "Rents", classifying such expenses by major groupings of property, as defined in the account definition of the Uniform System of Accounts. TYPE OF PROPERTY AMOUNT Rents - Office Space $5,798 ------ TOTAL $5,798 ====== Page 24 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 TAXES OTHER THAN INCOME TAXES--ACCOUNT 408 (thousands of dollars) INSTRUCTIONS: Provide an analysis of Account 408 "Taxes Other Than Income Taxes". Separate the analysis into two groups: (1) other than U.S. Government taxes, and (2) U.S. Government taxes. Specify each of the various kinds of taxes and show the amounts thereof. Provide a subtotal for each class of tax. DESCRIPTION AMOUNT - ----------- ------ Other Than U.S. Government Taxes: State Unemployment Taxes $ 165 Denver City Tax 40 Aurora City Tax 1 Franchise Tax - Texas, Kansas, Delaware, Ohio and New Mexico 1 Other - various 7 ------ SUBTOTAL 214 ------ U.S. Government Taxes: Social Security Taxes 5,392 Federal Unemployment Taxes 80 ------ SUBTOTAL 5,472 ------ TOTAL $ 5,686 ======= Page 25 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 DONATIONS--ACCOUNT 426.1 (thousands of dollars) INSTRUCTIONS: Provide a listing of the amount included in Account 426.1, "Donations", classifying such expenses by its purpose. The aggregate number and amount of all items of less than $3,000 may be shown in lieu of details.
NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT Amarillo Area Foundation Contribution to support the Pharmacy School at Texas Tech $20 Citizen's Scholarship Foundation Contribution to support scholarship program 32 Colorado State University Contribution to support scholarship program 18 Craig Methodist Retirement Community Contribution to support the activities of the organization 5 Georgetown Energy Museum Contribution to support the activities of the organization 60 Texas Tech Foundation, Inc. Contribution to support the building of Spirit Arena - Lubbock 20 West Texas A&M University Contribution to support scholarship program 3 NCE Foundation Contributions to support the activities of the organization 2,047 Other (19) 14 TOTAL $ 2,219 =======
Page 26 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 OTHER DEDUCTIONS--ACCOUNT 426.5 (thousands of dollars) INSTRUCTIONS: Provide a listing of the amount include in Account 426.5, "Other Deductions", classifying such expenses according to their nature. DESCRIPTION NAME OF PAYEE AMOUNT - ----------- ------------- ------ Expenditures for Certain Civic, Company employee and administrative Political & Related Activities costs for civic, political and related activities (1,057 items) $554 ---- TOTAL $554 ==== Page 27 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 SCHEDULE XVIII--NOTES TO STATEMENT OF INCOME INSTRUCTIONS: The space below is provided for important notes regarding the statement of income or any account thereof. Furnish particulars as to any significant increases and services rendered or expenses incurred during the year. Notes related to financial statements shown elsewhere in this report may be indicated here by reference. The December 31, 1999 Statement of Income and related detailed schedules includes accounts as specified by the Federal Energy Regulatory Commission ("FERC") and provides a greater level of detail than was reported for the year ended December 31, 1998. The following summarizes accounts by major type of expense categories as classified under the FERC Uniform System of Accounts. CATEGORY ACCOUNTS - -------- --------- Power Production Expenses, Steam Power Generation 500-515 Power Production Expenses, Hydraulic Power Generation 535-545 Power Production Expenses, Other Power Generation 546-554 Power Production Expenses, Other Power Supply 555-557 Electric Transmission Expenses 560-574 Electric Distribution Expenses 580-598 Natural Gas Production Expenses, Other Gas Supply 799-813 Natural Gas Storage Expenses, Underground Storage 814-839 Gas Transmission Expenses 850-870 Gas Distribution Expenses 871-895 Customer Account Expenses 901-910 Sales Expenses 911-917 Administrative and General Expenses 920-935 Also, see Notes to Financial Statements on pages 14-14e, for additional Notes to Statement of Income. Page 28 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. For the Year Ended December 31, 1999 ORGANIZATION CHART (SUMMARY LEVEL) ORGANIZATION CHART SERVICE FUNCTION Chairman Executive Services Audit Services Audit Services Aviation Aviation Governmental Affairs Governmental Affairs Vice-Chairman Executive Services Corporate Communications Corporate Communications General Counsel General Counsel Corporate Planning and Development-Sr. V.P. Executive Services Business Planning and Development Corp. Planning and Development Commodity Services-Executive V.P. Executive Services Commodity Services-all others Commodity Services Production Services Commodity Services Energy and Environmental-V.P. Energy and Environmental Energy and Environmental-all others Energy and Environmental Purchased Power and Electric Trading Purchased Power Marketing and Services-President Marketing Sales-V.P. Sales Sales-all others Sales Marketing Marketing Design Engineering-V.P. Design Engineering Design Engineering-all others Design Engineering Construction, Operations and Maintenance-V.P. Constr., Oper. and Maint. Construction, Operations and Maintenance-all others Constr., Oper. and Maint. Customer Accounts and Services Customer Service Energy Supply Management and Bulk Power Transport Energy Supply Gas Planning, Marketing and Supply Gas Plan., Marketing and Supply Financial and Support Services-CFO Executive Services Human Resources-V.P. Human Resources Human Resources-all others Human Resources Regulatory Administration Executive Services Regulatory Administration-all others Regulatory Administration Finance and Treasury - Sr. V.P. Executive Services Finance and Treasury-Director Finance and Treasury Finance and Treasury-all others Finance and Treasury Accounting - Controller Executive Services Accounting-all others Controllers Organization Information Technology Information Technology Supply Chain Supply Chain Facilities and Real Estate Facilities and Real Estate Shareholder Services Investor Relations Page 29 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. METHODS OF ALLOCATION Sales Ratio - Based on firm kilowatt-hour electric sales (and/or the equivalent cubic feet of natural gas sales based on a Btu content, where applicable), excluding inter-system sales, for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affiliate and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Residential Sales Ratio - Based on firm kilowatt-hour electric sales to residential customers for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affiliate and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Business Sales Ratio - Based on firm kilowatt-hour electric sales to business customers that purchase less than 250 kilowatts for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affiliate and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Large Commercial & Industrial Sales Ratio - Based on firm kilowatt-hour electric sales to large commercial and industrial customers that purchase greater than 250 kilowatts for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affiliate and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Electric Peak Load Ratio - Based on the sum of the monthly electric maximum system demands for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company and the denominator of which is for all Operating Companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Customers Ratio - Based on the sum of total electric customers (and/or gas customers, or residential, business and large commercial and industrial customers where applicable) at the end of each month for the immediately preceeding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Employees Ratio - Based on the sum of the number of employees at the end of each month for the immediately preceding twelve calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Page 29a Construction Expenditures Ratio - Based on construction or capital expenditures, net of reimbursements, for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Transmission Construction Expenditures Ratio - Based on transmission construction or capital expenditures, net of reimbursements, for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Distribution Construction Expenditures Ratio - Based on distribution construction or capital expenditures, net of reimbursements, for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Substation Construction Expenditures Ratio - Based on substation construction or capital expenditures, net of reimbursements, for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to a significant change. Total Common Equity Ratio, with 20 Percent of Common Equity assigned to New Century Energies, Inc. - Based on the sum of the common equity at the end of each month for the immediately preceding twelve calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Revenue Ratio - Based on the sum of the revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Wholesale Revenue Ratio - Based on the sum of the electric wholesale revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Industrial Revenue Ratio - Based on the sum of the electric industrial revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Page 29b Payroll Ratio - Based on the sum of the payroll at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Electric Mwh Generation - Based on the sum of electric Mwh generated during each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company and the denominator of which is for all Operating Companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Electric Kwh Purchased Power Ratio - Based on the sum of electric Kwh purchased power during each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company and the denominator of which is for all Operating Companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Total Assets Ratio - Based on the total assets at year end for the preceding year, the numerator of which is for an Operating Company or affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Cost of Gas Sold - Based on the sum of the cost of gas sold at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Gas Throughput Ratio - Based on the sum of the gas throughput dekatherms at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Gas Transport Dekatherms - Based on the sum of transported gas dekatherms at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Payment Transaction Ratio - Based on the sum of the number of payment transactions processed during each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes. Accounting Transactions Ratio - Based on the sum of the number of accounting transactions processed during each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. Page 29c Square Footage Ratio - Based on the total square footage at yearend for the preceding year, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affiliate companies. Labor Dollars Ratio - Based on NCS labor dollars charged to regulated and non-regulated companies by department by month, the numerator of which is for an Operating Company or an affected affiliate company and the denominator of which is for all Operating Companies and affected affiliate companies. Page 30 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED For the Year Ended December 31, 1999 The following annual statement was supplied to each associate company in support of the amount of compensation for use of capital billed during 1999: In accordance with Instruction 01-12 of the Securities and Exchange Commission's Uniform System of Accounts for Mutual Service Companies and Subsidiary Service Companies, New Century Services, Inc. submits the following information on the billing of interest on borrowed funds to associated companies for the year 1999: A. Amount of interest billed to associate companies is contained on page 16, Analysis of Billing. B. Amount of interest NCS pays NCE is based on NCE's weighted cost of debt adjusted for NCE's commitment (facilities) fees. Interest is billed to associate companies based on the allocation factor for Finance and Treasury, which is the average of the Revenue Ratio, Total Asset Ratio and Total Common Equity Ratio. Page 31 ANNUAL REPORT OF NEW CENTURY SERVICES, INC. SIGNATURE CLAUSE Pursuant to the requirements of the Public Utility Holding Company Act of 1935 and the rules and regulations of the Securities and Exchange Commission issued thereunder, the undersigned company has duly caused this report to be signed on its behalf by the undersigned officer thereunto duly authorized. New Century Services, Inc. ----------------------------------- (Name of Reporting Company) By: /s/ Teresa S. Madden ----------------------------------- (Signature of Signing Officer) Teresa S. Madden, Controller ----------------------------------- (Printed Name and Title of Signing Officer) Date: April 28, 2000 EX-27 2 FDS --
OPUR2 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NEW CENTURY SERVICES, INC. BALANCE SHEET & INCOME STATEMENT AS OF DECEMBER 31, 1999. 0001004858 New Century Energies, Inc. 1,000 12-MOS DEC-31-1999 JAN-01-1999 DEC-31-1999 PER-BOOK 1,012 0 73,612 1,586 0 76,210 1 0 0 30,200 34,507 8,662 2,840 76,210 252,670 0 20 252,690 48,828 17,316 186,546 252,690 0 144,283 108,407 252,690 1,260
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