8-K 1 d8k.htm FORM 8-K Form 8-K

As filed with the Securities and Exchange Commission on February 26, 2004


 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (date of earliest event reported): February 26, 2004

 


 

Commission

File Number


 

Exact name of registrants as specified in their
charters, state of incorporation, address of
principal executive offices, and telephone number


 

I.R.S. Employer

Identification Number


         
1-15929  

Progress Energy, Inc.

410 S. Wilmington Street

Raleigh, North Carolina 27601-1748

Telephone: (919) 546-6411

State of Incorporation: North Carolina

  56-2155481
1-8349  

Florida Progress Corporation

410 S. Wilmington Street

Raleigh, North Carolina 27601-1748

Telephone: (919) 546-6111

State of Incorporation: Florida

  59-2147112
1-3274  

Florida Power Corporation

d/b/a Progress Energy Florida, Inc.

100 Central Avenue

St. Petersburg, Florida 33701-3324 Telephone: (727) 820-5151

State of Incorporation: Florida

  59-0247770
1-3382  

Carolina Power & Light Company

d/b/a Progress Energy Carolinas, Inc.

410 S. Wilmington Street

Raleigh, North Carolina 27601-1748

Telephone: (919) 546-6411

State of Incorporation: North Carolina

  56-0165465

 

The address of the registrants has not changed since the last report.

 

This combined Form 8-K is filed separately by four registrants:

Progress Energy, Inc., Florida Progress Corporation, Florida Power

Corporation d/b/a Progress Energy Florida, Inc. and Carolina Power &

Light Company d/b/a Progress Energy Carolinas, Inc. Information

contained herein relating to any individual registrant is filed

by such registrant solely on its own behalf.

 



ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

 

On February 26, 2004, several members of Progress Energy will speak to various members of the investment community. The entire slide presentation can be accessed via Progress Energy’s web site at www.progress-energy.com/webcasts.

 

The slide presentation to be given at the conference by Geoff Chatas, Executive Vice President and Chief Financial Officer of Progress Energy, Inc. contains information regarding the results of operations and financial condition of Progress Energy, Inc. and certain of its subsidiaries. The slide presentation is attached to this report as Exhibit 99.1 and is incorporated herein.

 

At that same February 26, 2004 conference, Progress Energy, Inc.’s February 2004 Data Book will be made available to participants. The Data Book contains information regarding the results of operations and financial condition of Progress Energy, Inc. and certain of its subsidiaries. The Data Book is attached to this report as Exhibit 99.2 and is incorporated herein.

 

Exhibits 99.1 and 99.2 include references to ongoing earnings, a non-GAAP financial measure. Progress Energy’s management uses ongoing earnings to evaluate the operations of the company and to establish goals for management and employees. Management believes this presentation is appropriate and enables investors to compare more accurately the company’s ongoing financial performance over the periods presented. Ongoing earnings as presented here may not be comparable to similarly titled measures used by other companies. Reconciling adjustments from GAAP earnings to ongoing earnings are included within each Exhibit.

 

Exhibits 99.1 and 99.2 contain business segment information for the Progress Energy Carolinas and Progress Energy Florida business units, which are substantially similar to the standalone operations of each of Progress Energy Carolinas, Inc. and Progress Energy Florida, Inc. (which is in turn a significant subsidiary of Florida Progress Corporation). Accordingly, this current report is also being furnished on behalf of each such registrant.

 

In accordance with General Instruction B.6 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PROGRESS ENERGY, INC.

FLORIDA PROGRESS CORPORATION

FLORIDA POWER CORPORATION

CAROLINA POWER & LIGHT COMPANY

Registrants

 

By:   /s/    Robert H. Bazemore
   
   

Robert H. Bazemore

Vice President—Accounting

 

Date: February 26, 2004


Index to Exhibits

 

Exhibit No.

  

Description


99.1    Slide Presentation of Geoff Chatas, Executive Vice President and Chief Financial Officer of Progress Energy, Inc., given on February 26, 2004
99.2    Progress Energy, Inc.’s February 2004 Data Book