-----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, MQBUA1hqkBbNNZaOCre1BR7viI9IoWfW/O3iBIvR2IkB2T8OWmUC+/tiZGjqeQr1 64UadqDW3soyObd9w07FCg== 0001031296-02-000027.txt : 20020422 0001031296-02-000027.hdr.sgml : 20020422 ACCESSION NUMBER: 0001031296-02-000027 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20020422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-09599 FILM NUMBER: 02617339 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 3303845100 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 35-CERT 1 myr_rule24-main.txt MYR RULE 24 SEC FILE NO. 70-9599 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 CERTIFICATE PURSUANT TO RULE 24 OF PARTIAL COMPLETION OF TRANSACTIONS FIRSTENERGY CORP. - -------------------------------------------- : In the matter of : FirstEnergy Corp. : Certificate Pursuant : to Rule 24 of Partial : Completion of : Transactions : SEC File No. 70-9599 : (Public Utility Holding Company Act : of 1935) : - -------------------------------------------- TO THE MEMBERS OF THE SECURITIES AND EXCHANGE COMMISSION: The undersigned, FirstEnergy Corp. (FirstEnergy) hereby certifies pursuant to Rule 24 of the General Rules and Regulations under the Public Utility Holding Company Act of 1935 (the Act), that certain of the transactions proposed in the Application filed in SEC File No. 70-9599 have been carried out in accordance with the Commission's Order dated April 14, 2000, as follows: 1. Financial Statements -------------------- A copy of the unaudited consolidated financial statements of MYR Group Inc. (MYR) (including a consolidated balance sheet and statement of income) as of and for the twelve months ended December 31, 2001 is attached as Exhibit A. 2. Schedule of Segment Revenue --------------------------- A schedule setting forth the segment revenue for the quarter ended December 31, 2001 for each of MYR's business segments (Exhibit B) is being filed separately pursuant to a request for confidential treatment under Rule 104(b) of the Act. 3. Narrative Description of Principal Business Activities ------------------------------------------------------ Transmission and Distribution (T&D) Services: - -------------------------------------------- During the quarter ended December 31, 2001, MYR performed significant T&D services for its customers. T&D generated approximately 49.4% of MYR's total revenue for the quarter. A significant portion of this work continued to be performed for a core base of electric utility clients in Texas, Tennessee, California, Michigan, California and Colorado. Telecommunication Services: - -------------------------- There was no significant business activity to report for the quarter ended December 31, 2001. 1 Traffic Signalization Services: - ------------------------------- There was no significant business activity to report for the quarter ended December 31, 2001. Commercial and Industrial (C&I) Services: - ---------------------------------------- During the quarter ended December 31, 2001, MYR performed significant C&I services for its customers. C&I revenue was approximately 41.2% of total revenue for the period. A majority of that revenue was generated by one operating subsidiary that operates primarily in the western part of the United States. 4. Services Provided to Associated Companies ----------------------------------------- During the quarter ended December 31, 2001, services provided to associated companies consisted primarily of (i) Harlan Electric performing various distribution projects in New Jersey and Pennsylvania for Jersey Central Power & Light Company, Metropolitan Edison Company and Pennsylvania Electric Company, and (ii) Harlan Electric laying underground cable in Pennsylvania for GPU Telcom Services, Inc. The total amount billed to associated companies for performing such services was $0.36 million during the period. 2 SIGNATURE PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS CERTIFICATE TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED. FIRSTENERGY CORP. Registered Holding Company Date: April 8, 2002 By: /s/ Harvey L. Wagner ------------------------------------- Harvey L. Wagner Vice President and Controller 3 EX-99 3 myr_rule24-exindx.txt EXHIBIT INDEX Exhibit to be Filed by EDGAR ---------------------------- A. Consolidated financial statements of MYR Group Inc. as of and for the twelve months ended December 31, 2001. EX-99 4 myr_rule24-exa.txt MYR FINANCIAL STATEMENTS Exhibit A Page 1 of 3 MYR GROUP INC. Consolidated Balance Sheet As of December 31, 2001 ----------------------------- (Unaudited) Assets Current Assets: Cash and temporary cash investments $ 8,235,204 Accounts receivable: Contract 109,499,200 Other 1,953,471 Other 25,049,733 ----------- Total current assets 144,737,608 ----------- Other Property & Investments: Nonutility plant, net 18,170,587 Other investments 2,059,965 ----------- Total Other Property & Investments 20,230,552 ----------- Goodwill, net 58,951,250 ----------- Deferred Debits and Other Assets 4,639,000 ----------- Total Assets $228,558,410 =========== Exhibit A Page 2 of 3 MYR GROUP INC. Consolidated Balance Sheet As of December 31, 2001 --------------------------- (Unaudited) Liabilities and Stockholder's Equity Current Liabilities: Notes payable $ - Accounts payable 16,594,193 Accrued income taxes 6,366,565 Other 52,019,623 ----------- Total current liabilities 74,980,381 ----------- Non-Current Liabilities: Deferred income taxes - Other 341,247 ----------- Total long-term liabilities 341,247 ----------- Stockholder's Equity: Common stock 67,143 Capital surplus 149,932,857 Retained earnings 3,236,782 ----------- Total stockholder's equity 153,236,782 ----------- Total Liabilities and Stockholder's Equity $228,558,410 =========== Exhibit A Page 3 of 3 MYR GROUP INC. Consolidated Statement of Income For the Twelve Months Ended December 31, 2001 --------------------------------------------- (Unaudited) Operating Revenues $674,360,627 ----------- Operating Expenses: Operation and maintenance expenses 617,415,176 Provision for depreciation and amortization 9,338,780 Income taxes 16,438 ----------- Total operating expenses 626,770,394 ----------- Operating Income 47,590,233 Other Income & Deductions: Other income 1,684,241 Other income deductions (24,956,861) Taxes - other income & deductions (9,251,643) ----------- Total other income & deductions (32,524,263) ----------- Income Before Net Interest Charges 15,065,970 Net interest charges 755,163 ----------- Net Income $ 14,310,807 =========== -----END PRIVACY-ENHANCED MESSAGE-----