-----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, BWhHn+LIZHhk1iiUoO7Uj4KR1Bim6iumxfGFjbO3Q87ee3cAEWY7ALADdapkN1yu hdW1eYiLlp4wQ90m2HvDzg== 0001031296-03-000275.txt : 20031124 0001031296-03-000275.hdr.sgml : 20031124 20031124141756 ACCESSION NUMBER: 0001031296-03-000275 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20031124 EFFECTIVENESS DATE: 20031124 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: 070-10122 FILM NUMBER: 031020340 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 rule24.txt RULE 24 SEC File No. 70-10122 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. 70-10122 : (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 Rules and Regulations under the Public Utility Holding Company Act of 1935 (the Act), that certain of the transactions proposed in the Applications, as filed in SEC File No. 70-10122 have been carried out in accordance with the Commission's Orders dated June 30, 2003 as follows: 1. Balance Sheets and Income Statements for the FirstEnergy Nonutility Holding Company and its consolidated Subsidiaries for the quarter ended September 30, 2003 are attached as following exhibits: Exhibit ------- 1-1 Consolidated Balance Sheet and Income Statement of FirstEnergy Ventures Corp. 1-2 Consolidated Balance Sheet and Income Statement of FirstEnergy Facilities Services Group, LLC. 1-3 Balance Sheet and Income Statement of OES Ventures, Inc. - filed pursuant to request for confidential treatment. 1-4 Balance Sheet and Income Statement of Centerior Communications Holdings, Inc. - filed pursuant to request for confidential treatment. 1-5 Consolidated Balance Sheet and Income Statement of E-L Enterprises, Inc. - filed pursuant to request for confidential treatment. 1-6 Consolidated Balance Sheet and Income Statement of MARBEL HoldCo, Inc. - filed pursuant to request for confidential treatment. Balance Sheet and Income Statement of GPU Diversified Holdings LLC are reported on Form U-9C-3. 2. During the period July 1, 2003 through September 30, 2003, there was no Development Activity. Investments made during the third quarter 2003 are as follows: Category Investment -------- ---------- (In Thousands $) Energy Related Company $400 3. During the third quarter of 2003, there were no guarantees made on behalf of other direct or indirect Subsidiaries of the FirstEnergy Nonutility Holding Companies. 1 4. During the third quarter of 2003, there were no services obtained by the FirstEnergy Nonutility Holding Companies, or any direct or indirect Subsidiary of the Nonutility Holding Companies from the Utility Subsidiaries. 5. A chart of the nonutility businesses, financing subsidiaries and nonsystem securities in which FirstEnergy and its subsidiaries are engaged in or have investments in of 10% or greater are identified below:
Type of Type of Name of Company Subsidiary % Ownership - --------------- ---------- ----------- American Transmission Systems, Incorporated (ATSI) US 100 Centerior Service Company (Inactive) 100 FE Acquisition Corp. (Inactive) NUHC 100 Mid-Atlantic Energy Development Co. (Inactive) 100 FE Holdings, L.L.C. (Inactive) - FELHC, Inc. ERC 100 First Communications, LLC ETC 65 FirstEnergy Facilities Services Group, LLC (FEFSG) NUHC 100 Ancoma, Inc. ERC 100 Dunbar Mechanical, Inc. ERC 100 Edwards Electrical & Mechanical, Inc. ERC 100 Elliott-Lewis Corporation ERC 100 A.A. Duckett, Inc. ERC 100 E-L Enterprises, Inc. NUHC 100 Modern Air Conditioning, Inc. ERC 100 Airdex Air Conditioning Corporation ERC 100 R.L. Anderson, Inc. ERC 100 Sautter Crane Rental, Inc. ERC 100 The Hattenbach Company ERC 100 L.H. Cranston and Sons, Inc. ERC 100 Roth Bros., Inc. ERC 100 R.P.C. Mechanical, Inc. ERC 100 Spectrum Controls Systems ERC 100 FirstEnergy Nuclear Operating Company (FENOC) ERC 100 FirstEnergy Properties, Inc. (FirstEnergy Properties) RES 100 BSG Properties, Inc. (Inactive) RES 100 FirstEnergy Securities Transfer Company FS 100 FirstEnergy Service Company (FECO) ERC 100 FirstEnergy Solutions Corp. (FES) ERC 100 FirstEnergy Generation Corp. (GenCo) EWG 100 FirstEnergy Engineering, Inc. ERC 100 FirstEnergy Ventures Corp. (FirstEnergy Ventures) NUHC 100 Advanced Technologies Development Corp. ETC 100 Bay Shore Power Company ERC 100 Centerior Communications Holdings, Inc. NUHC 100 Fiber Venture Equity, Inc. (Inactive) ETC 100 AFN Finance Company No. 3, LLC ETC 100 Centerior Energy Services, Inc. ERC 100 Centerior Power Enterprises, Inc. (Inactive) 100 Engineered Processes, Ltd. ERC 50 Eastroc Technologies, LLC ERC 50 FirstEnergy Telecommunications Corp. ETC 100 Warrenton River Terminal, Ltd. ERC 100
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Type of Name of Company Subsidiary % Ownership - --------------- ---------- ----------- GPU Capital, Inc. (GPU Capital) FUCO 100 GPU Electric, Inc. (GPU Electric) FUCO 100 GPU Argentina Services S.R.L. FUCO 100 EI UK Holdings, Inc. FUCO 100 Aquila Sterling Holdings LLC FUCO 20.1* Aquila Sterling LTD FUCO 100 Avon Energy Partners Holdings FUCO 100 Midlands Electricity plc FUCO 100 GPU Diversified Holdings LLC (GPUDH) NUHC 100 GPU Solar, Inc. ERC 50 GPU EnerTech Holdings, Inc. ERC 100 GPU Distributed Power, Inc. ERC 100 GPU Nuclear, Inc. (GPUN) ERC 100 Private Fuel Storage LLC ERC 10.1 GPU Power, Inc. (GPU Power) EWG 100 Barranquilla Lease Holding, Inc. EWG 100 Los Amigos Leasing Company, Ltd. EWG 100 EI Barranquilla, Inc. EWG 100 Termobarranquilla, S.A. EWG 28.67 EI Canada Holding Limited EWG 100 EI Services Canada Limited EWG 100 EI Brooklyn Power Limited EWG 100 EI Brooklyn Investments Limited EWG 100 EI International EWG 100 GPUI Colombia, Ltda. EWG 100 GPU Power Philippines, Inc. EWG 100 Magellan Utilities Development Corporation EWG 40 Guaracachi America, Inc. EWG 100 Empresa Guaracachi S.A. EWG 50 International Power Advisors, Inc. EWG 100 NCP Ada Power, Inc. (Inactive)** EWG 100 NCP Energy, Inc.** EWG 100 Syracuse Orange Partners LP EWG - GPU Telcom Services, Inc. (GPU Telcom) ETC 100 Jersey Central Power & Light Company (JCP&L) US 100 JCP&L Transition Funding, LLC FS 100 Saxton Nuclear Experimental Corporation ERC 44 MARBEL Energy Corporation (MARBEL) ERC 100 Marbel HoldCo, Inc. NUHC 100 Great Lakes Energy Partners, LLC ERC 50 Metropolitan Edison Company (Met-Ed) US 100 Met-Ed Preferred Capital II, Inc. FS 100 Met-Ed Capital II, L.P. FS 100 Met-Ed Capital Trust FS 100 Saxton Nuclear Experimental Corporation ERC 32 York Haven Power Company US 100
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Type of Name of Company Subsidiary % Ownership MYR Group Inc. (MYR) ERC 100 The L. E. Myers Company ERC 100 Hawkeye Construction, Inc. ERC 100 MYRcom, Inc. ERC 100 MYRpower, Inc. ERC 100 Great Southwestern Construction, Inc. ERC 100 Harlan Electric Company ERC 100 Sturgeon Electric Company, Inc. ERC 100 ComTel Technology, Inc. ERC 100 Power Piping Company ERC 100 D.W.Close Company, Inc. ERC 100 Pennsylvania Electric Company (Penelec) US 100 Nineveh Water Company ERC 100 Penelec Preferred Capital II, Inc. FS 100 Penelec Capital II, L.P. FS 100 Penelec Capital Trust FS 100 Saxton Nuclear Experimental Corporation ERC 24 The Waverly Electric Light and Power Company US 100 Ohio Edison Company (OE) US 100 OES Capital, Inc. FS 100 OES Finance, Inc. FS 100 OES Nuclear, Inc. FS 100 OES Ventures, Inc. NUHC 100 Ohio Edison Financing Trust FS 100 Ohio Edison Financing Trust II (Inactive) FS 100 Pennsylvania Power Company (Penn) US 100 Cranberry Square Associates, L.P. RES 50 McDonald Corporate Tax Credit Fund Limited Partnership RES 12.37 McDonald Ohio Tax Credit Fund-1996 Limited Partnership RES 42.13 McDonald Ohio Tax Credit Fund-1998 Limited Partnership RES 30.94 Apollo Tax Credit Fund III, L.P. RES 33.33 Apollo Tax Credit Fund IX, L.P. RES 99.99 Boston Capital Corporate Tax Credit Fund X, L.P. RES 10.93 Boston Capital Corporate Tax Credit Fund XIV, L.P. RES 14 Boston Capital Corporate Tax Credit Fund XVII, L.P. RES 99 Marion Senior Housing Limited Partnership RES 29.21 The Cleveland Electric Illuminating Company (CEI) US 100 Cleveland Electric Financing Trust I FS 100 Centerior Funding Corporation FS 100 The Toledo Edison Capital Corporation FS 10 The Toledo Edison Company (TE) US 100 The Toledo Edison Capital Corporation FS 90 AFN Finance Company No. 1, LLC ETC 100 Kinetic Ventures I, LLC ERC 11.11 Kinetic Ventures II, LLC ERC 14.28 PowerSpan Corp. ERC 18.63 The Alliance Participants Administrative and Startup Activities Company, LLC ERC 10 UMICO Holdings, Inc. (Inactive) 36
* EI UK Holdings, Inc. owns 50% voting (20.1% economic) interest in Aquila Sterling Holding LLC. ** Denotes Provisional Dissolution - pending tax clearance from the State of Incorporation. 4 ERC - Energy Related Activity ETC - Exempt Telecommunications Company EWG - Exempt Wholesale Generator FS - Financing Subsidiary FUCO - Foreign Utility Company NUHC - Nonutility Holding Company RES - Real Estate US - Utility Subsidiary 6. During the third quarter of 2003, there were no securities (including guarantees) issued by the FirstEnergy Nonutility Holding Companies and each Non-Exempt Subsidiary pursuant to Rule 52 or Rule 45(b), as applicable. 7. During the third quarter of 2003, there were no Anticipatory Hedge transactions entered into by any FirstEnergy Nonutility Holding Company, or any direct or indirect Non-Exempt Subsidiary of the Nonutility Holding Company. 5 SIGNATURE The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935. FIRSTENERGY CORP. November 24, 2003 By: /s/ Harvey L. Wagner ------------------------------------ Harvey L. Wagner Vice President, Controller and Chief Accounting Officer (Principal Accounting Officer) 6 EX-99 3 exhindx.txt EXHIBIT INDEX Index of Financial Statements and Exhibits to be Filed in EDGAR --------------------------------------------------------------- Exhibit ------- 1-1 Consolidated Balance Sheet and Income Statement of FirstEnergy Ventures Corp. 1-2 Consolidated Balance Sheet and Income Statement of FirstEnergy Facilities Services Group, LLC. A Certificate of FirstEnergy Corp. EX-99 4 exh_1-1.txt EXHIBIT 1-1 Exhibit 1-1 FIRSTENERGY VENTURES CORP. Consolidated Balance Sheet (Unaudited) September 30, 2003 -------------------------------------- (In Thousands) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 100 Receivables: Associated companies 21,311 Other 3,109 Notes receivable from associated companies 33,278 Material and supplies 1,122 Prepayments and other 4,291 -------- 63,211 -------- PROPERTY, PLANT AND EQUIPMENT: In service 213,428 Less: Accumulated provision for depreciation 20,489 -------- 192,939 Construction work in progress 132 -------- 193,071 -------- INVESTMENTS: Other 22,944 -------- 22,944 -------- DEFERRED CHARGES: Goodwill 67 Other 3,283 -------- 3,350 -------- TOTAL ASSETS $ 282,576 ======== LIABILITIES & STOCKHOLDER'S EQUITY CURRENT LIABILITIES: Currently payable long-term debt $ 3,293 Notes payable to associated companies 20,213 Accounts payable Other 113 Associated companies 734 Accrued taxes 304 Accrued interest 731 Other 255 -------- 25,643 -------- CAPITALIZATION: Common stockholder's equity 112,055 Long-term debt 137,788 -------- 249,843 -------- DEFERRED CREDITS: Accumulated deferred income taxes 3,765 Other 3,325 -------- 7,090 -------- TOTAL LIABILITIES & CAPITALIZATION $ 282,576 ======== Exhibit 1-1 FIRSTENERGY VENTURES CORP. Consolidated Statement of Operations (Unaudited) ------------------------------------------------ (In Thousands) Three Months Nine Months Ended Ended Sept. 30, 2003 Sept. 30, 2003 -------------- -------------- REVENUES $ 9,020 $ 21,169 EXPENSES: Other operating expenses 5,574 14,968 Provision for depreciation and amortization 2,855 8,490 General taxes 56 206 ------ ------ Total expenses 8,485 23,664 ------ ------ INCOME/(LOSS) BEFORE INTEREST & INCOME TAXES 535 (2,495) NET INTEREST CHARGES: Interest expenses 2,385 6,968 Capitalized interest (6) (24) ------- ------ Net interest charges 2,379 6,944 ------- ------ INCOME TAX BENEFIT (775) (2,772) ------- ------ NET LOSS $ (1,069) $ (6,667) ======= ====== EX-99 5 exh_1-2.txt EXHIBIT 1-2 Exhibit 1-2 FIRSTENERGY FACILITIES SERVICES GROUP, LLC Consolidated Balance Sheet (Unaudited) ------------------------------------------ September 30, 2003 (In Thousands) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 9,415 Receivables: Associated companies 525 Other 91,999 Material and supplies 8,768 Prepayments and other 814 -------- 111,521 -------- INVESTMENTS: Nonutility property, net 26,133 Other 2,241 -------- 28,374 -------- DEFERRED CHARGES: Goodwill 36,471 Accumulated deferred income taxes assets 33,449 -------- 69,920 -------- TOTAL ASSETS $ 209,815 ======== LIABILITIES & STOCKHOLDER'S EQUITY CURRENT LIABILITIES: Currently payable long-term debt $ 430 Short-term borrowings 1,505 Notes payable to associated companies 12,342 Other 39,145 Associated companies 447 Accrued taxes 3,330 Other 16,581 -------- 73,780 -------- CAPITALIZATION: Common stockholder's equity 127,996 Long-term debt 7,421 -------- 135,417 -------- DEFERRED CREDITS: Accumulated deferred income taxes - Other 618 -------- 618 -------- TOTAL LIABILITIES & CAPITALIZATION $ 209,815 ======== Exhibit 1-2 FIRSTENERGY FACILITIES SERVICES GROUP, LLC Consolidated Statement of Operations (Unaudited) ----------------------------------------------- (In Thousands) Three Months Nine Months Ended Ended Sept. 30, 2003 Sept. 30, 2003 -------------- -------------- Revenues $ 88,850 $ 250,092 Cost of revenues 74,672 216,727 ------- ------- Gross margin 14,178 33,365 Selling, general and administrative expenses 8,039 28,636 Depreciation 1,340 4,122 ------- ------- 4,799 607 Goodwill impairment 121,534 121,534 Purchase agreement incentive plans 20 83 ------- ------- Operating loss (116,755) (121,010) Interest income 179 584 Interest expense (400) (1,233) Gain on sale of fixed assets 114 200 Other income, net (15) 116 ------- ------- Total other expense (122) (333) ------- ------- Loss before income taxes (116,877) (121,343) Income tax benefit (38,759) (40,623) ------- ------- Net loss $ (78,118) $ (80,720) ======= ======= EX-99 6 exh_a.txt EXHIBIT A Exhibit A FirstEnergy Corp. 76 South Main Street, Akron, Ohio 44308 Certificate ----------- Pursuant to the requirements of Rule 24 of the Public Utility Holding Company Act of 1935, the undersigned certifies that: A copy of certificate pursuant to Rule 24 related to FirstEnergy Corp.'s financing activities, for the period ended June 30, 2003, was filed with the state commissions having jurisdiction over the electric retail rates of the company's public utility subsidiary companies. The names and addresses of these state commissions are as follows: New Jersey Division of Energy Board of Public Utilities Two Gateway Center Newark, NJ 07102 Commonwealth of Pennsylvania* Public Utility Commission P.O. Box 3265 Harrisburg, PA 17105-3265 The Public Utilities Commission of Ohio* 180 E. Broad Street Columbus, Ohio 43215-3793 * A conformed copy of the publicly available report was filed with the Pennsylvania Public Utility Commission and The Public Utilities Commission of Ohio. FirstEnergy Corp. November 24, 2003 By: /s/ Harvey L. Wagner ----------------------------------- Harvey L. Wagner Vice President, Controller and Chief Accounting Officer (Principal Accounting Officer) Note: Pennsylvania Electric Company (Penelec) is also subject to retail rate - ---- regulation by the New York Public Service Commission with respect to retail service to approximately 3,700 customers in Waverly, New York served by Waverly Electric Power & Light Company, a Penelec subsidiary. Waverly Electric's revenues are immaterial, accounting for less than 1% of Penelec's total operating revenues. -----END PRIVACY-ENHANCED MESSAGE-----