-----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, CuvNVMg7GY6B6fc1y6rxQaXmiTpOuV3kygqCX9UX73SZt31NVsireBWoy+qrSAKU 8bi4I0KBZPWcckRs1XAplQ== 0001031296-02-000046.txt : 20020530 0001031296-02-000046.hdr.sgml : 20020530 20020530095339 ACCESSION NUMBER: 0001031296-02-000046 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20020530 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: 02665565 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_rule24-033102.txt RULE 24 - MYR 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 March 31, 2002 is attached as Exhibit A. 2. Schedule of Segment Revenue --------------------------- A schedule setting forth the segment revenue for the quarter ended March 31, 2002 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 March 31, 2002, MYR performed significant T&D services for its customers. T&D generated approximately 56.5% 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 March 31, 2002. 1 Traffic Signalization Services: - ------------------------------ There was no significant business activity to report for the quarter ended March 31, 2002. Commercial and Industrial (C&I) Services: - ---------------------------------------- During the quarter ended March 31, 2002, MYR performed significant C&I services for its customers. C&I revenue was approximately 37.5% 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 March 31, 2002, services provided to associated companies consisted primarily of Harlan Electric performing various distribution projects in New Jersey and Pennsylvania for Jersey Central Power & Light Company, Metropolitan Edison Company and Pennsylvania Electric Company. The total amount billed to associated companies for performing such services was $1.531 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. Date: May 30, 2002 By: /s/ Harvey L. Wagner ------------------------------------- Harvey L. Wagner Vice President and Controller 3 EX-99 3 myr_rule24-exhindx.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 March 31, 2002. EX-99 4 myr_rule24-exha.txt EXHIBIT A Exhibit to be Filed by EDGAR Exhibit A Page 1 of 3 MYR GROUP INC. Consolidated Balance Sheet As of March 31, 2002 -------------------------- (Unaudited) Assets Current Assets: Cash and temporary cash investments $ 13,326,486 Accounts receivable: Contract 100,625,907 Other 1,019,463 Other 22,860,956 ----------- Total current assets 137,832,812 ----------- Other Property & Investments: Nonutility plant, net 16,889,359 Other investments 3,775,787 ----------- Total Other Property & Investments 20,665,146 ----------- Goodwill, net 58,944,912 ----------- Deferred Debits and Other Assets 10,448,000 ----------- Total Assets $227,890,870 =========== Exhibit A Page 2 of 3 MYR GROUP INC. Consolidated Balance Sheet As of March 31, 2002 -------------------------- (Unaudited) Liabilities and Stockholder's Equity Current Liabilities: Notes payable $ - Accounts payable 9,169,134 Accrued income taxes 8,160,667 Other 49,946,257 ----------- Total current liabilities 67,276,058 ----------- Non-Current Liabilities: Deferred income taxes 5,809,000 Other 324,320 ----------- Total long-term liabilities 6,133,320 ----------- Stockholder's Equity: Common stock & capital surplus 150,000,000 Retained earnings 4,481,492 ----------- Total stockholder's equity 154,481,492 ----------- Total Liabilities and Stockholder's Equity $227,890,870 =========== Exhibit A Page 3 of 3 MYR GROUP INC. Consolidated Statement of Income For the Twelve Months Ended March 31, 2002 ------------------------------------------ (Unaudited) Operating Revenues $655,886,027 ----------- Operating Expenses: Operation and maintenance expenses 606,927,955 Provision for depreciation and amortization 7,935,161 Income taxes 16,438 ----------- Total operating expenses 614,879,554 ----------- Operating Income 41,006,473 Other Income & Deductions: Other income/(deductions) (23,363,055) Taxes - other income & deductions (2,725,942) ----------- Total other income & deductions (26,088,997) ----------- Income Before Net Interest Charges 14,917,476 Net interest charges 421,279 ----------- Net Income $ 14,496,197 =========== -----END PRIVACY-ENHANCED MESSAGE-----