-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, YUc2ldcszQmiUZ+arOeB7iZshoBZIGZBp9TMjLTnidQfkLo+VmTwrqI0rRzyw+BP yl8PhmqBLNF+m2NNCgDkOA== 0000018654-94-000002.txt : 19940302 0000018654-94-000002.hdr.sgml : 19940302 ACCESSION NUMBER: 0000018654-94-000002 CONFORMED SUBMISSION TYPE: U-3A-2 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19931231 FILED AS OF DATE: 19940228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL ILLINOIS PUBLIC SERVICE CO CENTRAL INDEX KEY: 0000018654 STANDARD INDUSTRIAL CLASSIFICATION: 4931 IRS NUMBER: 370211380 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-3A-2 SEC ACT: 35 SEC FILE NUMBER: 069-00140 FILM NUMBER: 94513561 BUSINESS ADDRESS: STREET 1: 607 E ADAMS ST CITY: SPRINGFIELD STATE: IL ZIP: 62739 BUSINESS PHONE: 2175233600 MAIL ADDRESS: STREET 1: CENTRAL ILLINOIS PUBLIC SERVICE CO CITY: SPRINGFIELD STATE: IL ZIP: 62739 U-3A-2 1 U-3A-2 File No. 69-140 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. FORM U-3A-2 STATEMENT BY HOLDING COMPANY CLAIMING EXEMPTION UNDER RULE U-3A-2 FROM THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 To be filed annually prior to March 1 CENTRAL ILLINOIS PUBLIC SERVICE COMPANY hereby files with the Securities Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information: 1. Name, State of organization, location and nature of business of claimant and every subsidiary thereof, other than any exempt wholesale generator (EWG) or foreign utility company in which claimant directly or indirectly holds an interest. (a) The claimant. Central Illinois Public Service Company (the "Company") is an Illinois corporation, and has its principal executive office at 607 East Adams Street, Springfield, Illinois 62739. On April 25, 1990, the Company shareholders approved a corporate restructuring plan which provided for the establishment of CIPSCO Incorporated (CIPSCO), a holding company. After receipt of the final necessary regulatory approval, on October 1, 1990, CIPSCO became the parent of the Company and shares of the Company's common stock were converted on a share-for-share basis into common stock of CIPSCO. The Company provides certain services to CIPSCO for which all costs incurred are reimbursed to the Company. The Company is a public utility engaged principally in the sale of electricity which it generates, transmits and distributes in portions of central and southern Illinois. It also sells natural gas which it purchases from suppliers and distributes through the system in various parts of the territory served. During 1993, the Company furnished electric service to about 316,000 customers in 557 incorporated and unincorporated communities and adjacent suburban and rural areas, including a number of rural electric cooperatives to which it sold electric energy at wholesale. The Company also furnished natural gas services to about 164,000 customers in 267 communities and adjacent suburban and rural areas. For further information with respect to the Company, its properties and its business, reference is made to the Company's Registration Statement, Registration No. 2-61730, Registration No. 33-59674, and the map included therein showing the territory served by the Company, the Company's Annual Report on Form 10-K for the year ended December 31, 1992, and the Company's Quarterly Reports on Form 10-Q for the quarters ended March 31, 1993, June 30, 1993 and September 30, 1993, and the papers and documents descriptive of or relating to the Company on file with the Commission in Administrative Proceeding File No. 3-1568 (70-4631). (b) Electric Energy, Inc. The Company owns 20 percent (accounted for under the equity method) of Electric Energy, Inc. (EEI), which owns a 1,000,000 KW generating station at Joppa, Illinois. The equity investment in EEI is included on the Company's balance sheet in "Other Assets." For a description of the organization, business, financing and properties of EEI, reference is made to the applications and declarations (and the amendments and exhibits thereto) relating to EEI heretofore filed with the Securities and Exchange Commission, under the Public Utility Holding Company Act of 1935, by EEI, the Company and others in File Nos. 70-2540, 70-2 70-3120, 70-3595 and 70-3596, and to the findings, opinions and orders of the Commission with respect thereto. (c) CIPS Energy, Inc. and Illinois Steam, Inc., are inactive and not "public utility companies" within the meaning of the Public Utility Holding Company Act of 1935. 2. A brief description of the properties of claimant and each of its subsidiary public utility companies used for the generation, transmission and distribution of electric energy for sale, or for the production, transmission and distribution of natural or manufactured gas, indicating the location of principal generating plants, transmission lines, producing fields, gas manufacturing plants, and electric and gas distribution facilities, including all such properties which are outside the State in which claimant and its subsidiaries are organized and all transmission or pipelines which deliver or receive electric energy or gas at the borders of such State. (a) The Company is engaged principally in the sale of electricity which it generates, transmits and distributes in portions of central and southern Illinois. The Company furnished electric service to about 316,000 customers in 557 incorporated and unincorporated communities and adjacent suburban and rural areas, including a number of rural electric cooperatives to which it sold electric energy at wholesale. At December 31, 1993, the Company owned and regularly operated five steam electric generating stations as follows: Generating Station MW Capacity Newton Newton, Illinois 1,115 Coffeen Coffeen, Illinois 750 Meredosia Meredosia, Illinois 520 Grand Tower Grand Tower, Illinois 186 Hutsonville Hutsonville, Illinois 156 At that date, the Company also owned about 12,922 pole miles of overhead electric lines and 843 miles of underground electric lines. This transmission system is located at the hub of 12 major utility systems joined by 39 interconnections at various locations. The major electric interconnections are as follows: Interconnections Commonwealth Edison Co. 2 Northern Indiana Public Service Co. 1 AEP (Indiana and Michigan Electric) 1 PSI Energy 2 Southern Illinois Power Cooperative 2 Illinois Power 21 Tennessee Valley Authority (owned with Illinois Power) Electric Energy, Inc. 3 Kentucky Utilities (owned with Electric Energy, Inc.) Union Electric Co. 5 Central Illinois Light Co. 1 Springfield City Water, Light & Power 1 The Company also sells natural gas which it purchased from suppliers and distributed through the system in various parts of Illinois. The Company furnished natural gas services to about 164,000 customers in 267 communities and adjacent suburban and rural areas. At December 31, 1993, the Company owned two propane-air plants at Quincy and DeSoto, Illinois and five underground gas storage facilities at Ashmore, Sciota North, Belle Gent, Johnson City and Richwood, Illinois. The Company also leased five other underground gas storage facilities from Texas Eastern Transmission Corporation, Panhandle Eastern Pipeline Company - Southwest-In/Out Storage, Panhandle Eastern Pipeline Company Natural Gas Pipeline Company of America - FSS-Iowa and Rotherwood Storage. The underground gas storage facilities and the propane-air gas plants are used by the Company to supplement the available supply of natural gas during periods of high demands. At December 31, 1993, the Company also owned about 1,385 miles of natural gas transmission mains and 3,135 miles of natural gas distribution mains. The Company is served by six interstate pipeline companies, Panhandle Eastern Pipeline Company (Panhandle), Texas Eastern Transmission Company (Texas Eastern), Texas Gas Transmission Company (Texas Gas), Natural Gas Pipeline Company of America (Natural), Trunkline Gas Transmission Company (Trunkline), and Midwestern Gas Transmission Company (Midwestern). The major gas inter-connections are as follows: Interconnections Panhandle 18 Texas Eastern 3 Texas Gas 6 Natural 7 Trunkline 8 Midwestern 3 The Company owns no properties located outside the State of Illinois. For further information with respect to the Company, its principal electric generating stations and transmission lines and its electric and gas distribution facilities, reference is made to the Company's registration statement, reports and map and the papers and documents referred to in the answer to Item 1 above. (b) Reference is made to Paragraph (b) under Item 1 above and the filings with the Securities and Exchange Commission referred to therein for a description of the properties of EEI. 3. The following information for the last calendar year with respect to claimant and each of its subsidiary public utility companies: (a) Number of kwh. of electric energy sold (at retail or wholesale), and Mcf. of natural or manufactured gas distributed at retail. (b) Number of kwh. of electric energy and Mcf. of natural or manufactured gas distributed at retail outside the State in which each such company is organized. (c) Number of kwh. of electric energy and Mcf. of natural or manufactured gas sold at wholesale outside the State in which each such company is organized, or at the State line. (d) Number of kwh. of electric energy and Mcf. of natural or manufactured gas purchased outside the State in which each such company is organized, or at the State line. The information required by this item with respect to sales and purchases of electric energy is set forth in Exhibit D hereto. In the calendar year 1993, the Company distributed at retail 252,334,124 therms of gas, all within the state of Illinois. The Company does not distribute at retail any gas outside the state of Illinois, and does not sell at wholesale any gas outside the state of Illinois or at the State line. The Company, during 1993, purchased 22,354,512 Mcf. of natural gas outside the state of Illinois. EEI does not engage in the business of selling or distributing gas. 4. The following information for the reporting period with respect to claimant and each interest it holds directly or indirectly in an EWG or a foreign utility company, stating monetary amounts in United States dollars: (a) Name, location, business address and description of the facilities used by the EWG or foreign utility company for the generation, transmission and distribution of electric energy for sale distribution at retail of natural or manufactured gas. (b) Name of each system company that holds an interest in such EWG or foreign utility company; and description of the interest held. (c) Type and amount of capital invested, directly or indirectly, by the holding company claiming exemption; any direct or indirect guarantee of the security of the EWG or foreign utility company by the holding company claiming exemption; and any debt or other financial obligation for which there is recourse, directly or indirectly, to the holding company claiming exemption or another system company, other than the EWG or foreign utility company. (d) Capitalization and earnings of the EWG or foreign utility company during the reporting period. (e) Identify any service, sales or construction contract(s) between the EWG or foreign utility company and a system company, and describe the services to be rendered or goods sold and fees or revenues under such agreement(s). The Company does not hold, directly or indirectly, an interest in an EWG or a foreign utility company. * * * * * On the basis of the foregoing, the Company is entitled to exemption as a holding company pursuant to Paragraphs (1) and (2) of Section 3(a) of the Public Utility Holding Company Act of 1935 and Paragraphs (a)(1) and (a)(2) of Rule 2 of the Commission promulgated under said Act. Reference is made to the exhibits filed herewith. In 1993, the Company received dividends from EEI amounting to $2,608,119.60. In making and filing this statement, the Company specifically reserves the right to apply at any time to the Securities and Exchange Commission (a) pursuant to Section 2(a)(7) of the Public Utility Holding Company Act of 1935, for an order declaring that it is not a holding company under clause (A) of said section by reason of its investment in Electric Energy, Inc. and/or (b) for an order exempting it from the provisions of the Public Utility Holding Company Act of 1935 pursuant to Section 3(a) or any other provision of said Act or of any rule or regulation of the Commission thereunder. Neither the making and filing of this statement nor anything contained herein shall constitute or be construed to be an admission that the Company is not entitled to any such order. LIST OF EXHIBITS ________________ Exhibit A-1 Balance Sheet of the Company as of December 31, 1993. Exhibit A-2 Statement of Income of the Company for the year ended December 31, 1993. Exhibit A-3 Statement of Retained Earnings of the Company for the year ended December 31, 1993. Exhibit A-4 Balance Sheet of Electric Energy, Inc. as of December 31, 1993.* Exhibit A-5 Statement of Income of Electric Energy, Inc. for the year ended December 31, 1993.* Exhibit A-6 Statement of Retained Earnings of Electric Energy, Inc. for the year ended December 31, 1993.* Exhibit B Financial Data Schedule of the Company for the year ended December 31, 1993. Exhibit C Not applicable. Exhibit D Statement showing sales and purchases of electric energy by the Company and Electric Energy, Inc. for the year ended December 31, 1993. *As furnished by Electric Energy, Inc., but unaudited. The above-named claimant has caused this statement to be duly executed on its behalf by its authorized officers on this 28th day of February, 1994. CENTRAL ILLINOIS PUBLIC SERVICE COMPANY By R. W. Jackson ____________________________________ Senior Vice President (Corporate Seal) Attest: C. D. Nelson _______________________ Assistant Secretary * * * * * Names, titles and addresses of officers to whom notices and correspondence concerning this statement should be addressed: R. W. Jackson, Senior Vice President Central Illinois Public Service Company 607 East Adams Street Springfield, Illinois 62739 C. L. Greenwalt, Chief Executive Officer Central Illinois Public Service Company 607 East Adams Street Springfield, Illinois 62739 Exhibit A-1 CENTRAL ILLINOIS PUBLIC SERVICE COMPANY BALANCE SHEET DECEMBER 31, 1993 (in thousands) Assets Utility Plant, at original cost: Electric $2,172,259 Gas 208,208 _________ Less - Accumulated depreciation 2,380,467 1,020,097 _________ 1,360,370 Construction work in progress 61,104 _________ 1,421,474 _________ Current Assets: Cash 4,038 Temporary investments, at cost which approximates market 2,734 Accounts receivable, net 61,591 Accrued unbilled revenues 38,774 Materials and supplies, at average cost 40,824 Fuel for electric generation, at average cost 26,046 Gas stored underground, at average cost 14,335 Prepayments 9,847 _________ 198,189 _________ Other Assets 48,799 _________ $1,668,462 ========= Capitalization and Liabilities Capitalization: Common shareholder's equity: Common stock, 25,452,373 shares outstanding $ 121,282 Retained earnings 443,741 _________ 565,023 Preferred stock 80,000 Long-term debt 474,323 _________ 1,119,346 _________ Current Liabilities: Long-term debt due within one year 20,000 Accounts payable 55,931 Accrued wages 12,720 Accrued taxes 13,391 Accrued interest 9,204 Other 34,895 _________ 146,141 _________ Deferred Credits: Accumulated deferred income taxes 274,425 Investment tax credits 58,962 Regulatory liabilities, net 69,588 _________ 402,975 _________ $1,668,462 ========= Exhibit A-2 CENTRAL ILLINOIS PUBLIC SERVICE COMPANY STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1993 (in thousands) Operating Revenues: Electric $ 688,849 Gas 145,707 _________ Total operating revenues 834,556 _________ Operating Expenses: Fuel for electric generation 186,938 Purchased power 60,181 Gas purchased 90,097 Other operation 141,310 Maintenance 61,216 Depreciation and amortization 77,647 Taxes other than income taxes 54,767 Income taxes 48,749 _________ Total operating expenses 720,905 _________ Operating Income 113,651 _________ Other Income and Deductions: Allowance for equity funds used during construction 1,459 Nonoperating income taxes (631) Miscellaneous, net 3,632 _________ Total other income and deductions 4,460 _________ Income Before Interest Charges 118,111 _________ Interest Charges: Interest on long-term debt 34,421 Other interest charges 479 Allowance for borrowed funds used during construction (800) _________ 34,100 _________ Net Income 84,011 Preferred Stock Dividends 3,718 _________ Earnings for Common Stock $ 80,293 ========= Exhibit A-3 CENTRAL ILLINOIS PUBLIC SERVICE COMPANY STATEMENT OF RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 1993 (in thousands) Balance, beginning of year $ 398,235 Add (deduct): Net income 84,011 Dividends: Preferred stock (3,718) Other (34,787) _________ Balance, end of year $ 443,741 ========= Exhibit A-4 ELECTRIC ENERGY, INC. CONSOLIDATED BALANCE SHEET DECEMBER 31, 1993 (in thousands) Assets Property, Plant and Equipment: In service $ 285,413 Construction work in progress 14,475 _________ 299,888 Less - Accumulated provision for depreciation and amortization 209,916 _________ 89,972 _________ Current Assets: Cash 227 Accounts receivable 37,920 Fuel stock, at average cost 4,708 Material and supplies, at average cost 5,879 Prepayments 598 _________ 49,332 _________ Other Assets 17,266 _________ $ 156,570 ========= Capitalization and Liabilities Stockholders' Equity: Common stock, 62,000 shares outstanding $ 6,200 Retained earnings 2,634 _________ 8,834 Long-term debt 64,660 _________ 73,494 _________ Current Liabilities: Bank loans 40,600 Accounts payable 30,511 Accrued taxes 3,890 Accrued interest 502 Dividend declared 3,104 _________ 78,607 _________ Other Liabilities 4,469 _________ $ 156,570 ========= Exhibit A-5 ELECTRIC ENERGY, INC. CONSOLIDATED STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1993 (in thousands) Operating Revenues: Sales to Department of Energy $ 236,198 Sales to Sponsoring Companies 39,406 _________ Total operating revenues 275,604 _________ Operating Expenses and Taxes: Cost of fuel 80,863 Purchased power 103,885 Other 37,822 Maintenance 18,378 Depreciation and amortization 7,138 Taxes other than income taxes 1,770 Income taxes: Current federal 8,894 Current state 2,088 Deferred federal and state, net (3,567) _________ Total operating expenses and taxes 257,271 Operating Income 18,333 _________ Other (Income) and Expense: Interest income (608) Interest expense 6,017 Miscellaneous, net (117) _________ Total other (income) and expense 5,292 _________ Net Income $ 13,041 ========= Exhibit A-6 ELECTRIC ENERGY, INC. CONSOLIDATED STATEMENT OF RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 1993 (in thousands) Balance, beginning of year $ 2,634 Dividends declared (13,041) Net income for year 13,041 _________ Balance, end of year $ 2,634 ========= Exhibit B CENTRAL ILLINOIS PUBLIC SERVICE COMPANY FINANCIAL DATA SCHEDULE FOR THE YEAR ENDED DECEMBER 31, 1993 Item No. Description Amount ________ ___________ ______ (in thousands) 1 Total Assets $1,668,462 2 Total Operating Revenues $ 834,556 3 Net Income $ 84,011 Exhibit D CENTRAL ILLINOIS PUBLIC SERVICE COMPANY SALES AND PURCHASES OF ELECTRIC ENERGY FOR THE YEAR ENDED DECEMBER 31, 1993 Central Illinois Public Service Electric Company(a) Energy, Inc.(a) ________________ _______________ Kwh. sold (at retail or wholesale) 8,511,582,408 13,511,884,000 Kwh. distributed at retail outside of State in which organized none 11,928,094,000 (b) Kwh. sold at wholesale outside of State in which organized or at State line none (c) Kwh. purchased outside of State in which organized or at State line none none (a) Exclusive of interchange power. (b) Represents energy sold to the Paducah, Kentucky, Project of the Department of Energy. (c) Central Illinois Public Service Company is advised that in 1993 Electric Energy, Inc. sold to Kentucky Utilities Company 245,362,000 kilowatthours of energy metered at the Joppa, Illinois, plant of Electric Energy, Inc. and delivered to Kentucky Utilities Company at the Paducah, Kentucky, Project of the Department of Energy, and various other interconnection points in Kentucky. -----END PRIVACY-ENHANCED MESSAGE-----