-----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, Lh/YOn3zh0Bu/oGoKia2g7Y7bxG/6+DZWikKgwjcgSJAjepmLkOTgG+Z7X/woKwW Z4ta+/Dgc2gQeaSrk+TdMA== /in/edgar/work/0000071297-00-000096/0000071297-00-000096.txt : 20001116 0000071297-00-000096.hdr.sgml : 20001116 ACCESSION NUMBER: 0000071297-00-000096 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20001115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EASTERN UTILITIES ASSOCIATES CENTRAL INDEX KEY: 0000031224 STANDARD INDUSTRIAL CLASSIFICATION: [4911 ] IRS NUMBER: 041271872 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-07287 FILM NUMBER: 769501 BUSINESS ADDRESS: STREET 1: ONE LIBERTY SQ STREET 2: P O BOX 2333 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6173579590 35-CERT 1 0001.txt RULE 24 OF EUA COGENEX CONS. FOR 6 MOS ENDED 6/30/00 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. In the matter of ) ) NATIONAL GRID USA ) Westboro, Massachusetts ) ) EUA COGENEX CORPORATION ) Certificate of Lowell, Massachusetts ) Notification ) Pursuant to ) Rule 24 (70-7287) ) ) (Public Utility Holding Company Act of 1935) ) In accordance with Rule 58 of the Act, EUA Cogenex Corporation, and certain of its subsidiaries, will be reported as energy related companies on the next Form U-9C-3 report filed by National Grid USA. National Grid USA will supplement such Form U-9C-3 report with additional information on these companies to the extent requested by Commission staff. National Grid USA is endeavoring to sell EUA Cogenex Corporation, with closing anticipated to occur by December 31, 2000. Enclosed herewith for filing by National Grid USA and its wholly-owned subsidiary, EUA Cogenex Corporation, in accordance with the Order of the Securities and Exchange Commission entered in the above matter on February 15, 1995 (Release No. 35-26232) and pursuant to Rule 24 under the Public Utility Holding Company Act of 1935, are the consolidated and consolidating balance sheet, income statement, and statement of cash flows of EUA Cogenex for the quarter ended June 30, 2000 and such other information required to be filed by said order. National Grid USA By: /s/ John G. Cochrane John G. Cochrane Vice President and Treasurer EUA COGENEX CORPORATION By: /s/ Edward T. Liston Edward T. Liston President November 13, 2000 EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (1 of 3) June 30, 2000
ASSETS EUA EUA EUA EUA Day Matrix EUA Cogenex Cogenex Day (fka Day I&I NEM Consolidated Elimination (Division) (Division) (Division) Inc. Utility Plant and Other Investments: Utility plant in service $ $ $ $ $ $ Less accumulated provision for depreciation and amortization Net utility plant in service Construction work in progress Net utility plant Non-utility property 34,255,469 23,381,774 7,554,950 Less accumulated provision for depreciation 16,260,925 11,517,803 3,770,414 Net non-utility property 17,994,544 11,863,971 3,784,536 Investments in subsidiaries (at equity) 673,227 33,151,309 33,824,536 Excess of carrying values of investments in subsidiaries Notes receivable 3,202,571 3,000,161 Leases receivable 6,122,339 1,503,749 Other 9,917,921 3,415,966 Total Utility Plant and Other Investments 37,910,602 33,151,309 53,608,383 3,784,536 Current Assets: Cash and temporary cash investments 2,796,052 1,253,475 458,013 Notes receivable 7,928,467 3,424,061 11,101,688 Leases receivable 2,267,519 1,343,381 Accounts receivable - Net: Customers 7,428,728 3,575,372 651,826 Accrued unbilled revenue Others 4,187,795 2,675,487 Accounts receivable - associated companies 134,600 15,143,490 (216,406) Materials and supplies (at average cost): Plant materials and operating supplies 89,031 Other current assets 1,418,393 48,137 1,415,696 1,080 Total Current Assets 26,250,585 18,615,688 21,148,693 1,110,919 Deferred Debits: Unamortized debt expense Unrecovered regulatory plant costs Other deferred debits 3,762,437 2,277,536 899,715 Total Deferred Debits 3,762,437 2,277,536 899,715 Total Assets $67,923,624 $51,766,997 $77,034,612 $5,795,170
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (2 of 3) June 30, 2000
ASSETS EUA EUA EUA COGENEX EUA Cogenex Citizens WEST MUPA Canada Corporation Corporation (Partnership) Utility Plant and Other Investments: Utility plant in service $ $ $ $ Less accumulated provision for depreciation and amortization Net utility plant in service Construction work in progress Net utility plant Non-utility property (10,051) 2,193,411 Less accumulated provision for depreciation 2,142 694,111 Net non-utility property (12,193) 1,499,300 Investments in subsidiaries (at equity) Excess of carrying values of investments in subsidiaries Notes receivable 14 202,396 Leases receivable 557,959 618,887 Other 11,865 4,224,735 Total Utility Plant and Other Investments 557,645 6,545,318 Current Assets: Cash and temporary cash investments 220,611 207,333 Notes receivable 28,744 222,096 Leases receivable 41,484 199,590 Accounts receivable - Net: Customers 72,740 1,735,645 Accrued unbilled revenue Others 335,927 446,156 Accounts receivable - associated companies 94,414 17,445 Materials and supplies (at average cost): Plant materials and operating supplies 89,031 Other current assets 2,584 47,170 Total Current Assets 796,504 2,964,466 Deferred Debits: Unamortized debt expense Unrecovered regulatory plant costs Other deferred debits 20,167 (28,156) Total Deferred Debits 20,167 (28,156) Total Assets $1,374,316 $9,481,628
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (3 of 3) June 30, 2000
ASSETS EUA EUA EUA EUA WestCoast FRC II EC&S I EC&S II (Partnership) (Part.) (Part.) (Partnership) Utility Plant and Other Investments: Utility plant in service $ $ $ $ Less accumulated provision for depreciation and amortization Net utility plant in service Construction work in progress Net utility plant Non-utility property 605,239 530,146 Less accumulated provision for depreciation 228,441 48,014 Net non-utility property 376,798 482,132 Investments in subsidiaries (at equity) Excess of carrying values of investments in subsidiaries Notes receivable Leases receivable 2,524,762 916,982 Other 551,235 1,714,120 Total Utility Plant and Other Investments 3,452,795 3,113,234 Current Assets: Cash and temporary cash investments 224,400 432,220 Notes receivable Leases receivable 218,956 464,108 Accounts receivable - Net: Customers 911,320 481,825 Accrued unbilled revenue Others 310,159 420,066 Accounts receivable - associated companies 8,166,486 7,216,151 Materials and supplies (at average cost): Plant materials and operating supplies Other current assets Total Current Assets 9,831,321 9,014,370 Deferred Debits: Unamortized debt expense Unrecovered regulatory plant costs Other deferred debits 249,060 344,115 Total Deferred Debits 249,060 344,115 Total Assets $13,533,176 $12,471,719
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (1 of 3) June 30, 2000
LIABILITIES EUA EUA EUA EUA Day Matrix EUA Cogenex Cogenex Day (fka Day NEM Consolidated Elimination Corporation (Division) (Division) Inc. Capitalization: Common equity $37,788,827 $13,146,551 $37,877,527 $8,176,315 Non-redeemable preferred stock of subsid. Redeemable preferred stock of subsidiaries - net Preferred stock redemption cost Partnerships' capital 20,014,758 Long-term debt - net Total Capitalization 37,788,827 33,161,309 37,877,527 8,176,315 Current Liabilities: Preferred stock sinking fund requirements Long-term debt due within one year Notes payable 6,005,140 3,424,062 5,800,000 Accounts payable 70,260 (21,525) Accounts payable - associated companies 2,693,283 15,143,491 17,979,115 2,103 Customer deposits Taxes accrued (3,417,831) (4,069,815) 581,917 Interest accrued 48,135 Dividends declared Other current liabilities 12,791,897 5,978,267 Total Current Liabilities 18,142,749 18,615,688 25,666,042 584,020 Deferred Credits: Unamortized investment credit Other deferred credits 14,556,328 (10,000) 12,166,019 Total Deferred Credits 14,556,328 (10,000) 12,166,019 Accumulated deferred taxes (2,564,280) 1,325,024 (2,965,165) Commitments and contingencies Total Liabilities and Capitalization $67,923,624 $51,766,997 $77,034,612 $5,795,170 ( ) Denotes Contra
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (2 of 3) June 30, 2000
LIABILITIES EUA EUA EUA COGENEX EUA Cogenex Citizens WEST MUPA Canada Corporation Corporation (Partnership) Capitalization: Common equity $705,641 $4,175,895 Non-redeemable preferred stock of subsidiaries Redeemable preferred stock of subsidiaries - net Preferred stock redemption cost Partnerships' capital Long-term debt - net Total Capitalization 705,641 4,175,895 Current Liabilities: Preferred stock sinking fund requirements Long-term debt due within one year Notes payable 205,140 3,424,062 Accounts payable 50,949 Accounts payable - associated companies 309,265 85,916 Customer deposits Taxes accrued (42,035) 112,102 Interest accrued 48,135 Dividends declared Other current liabilities 100,457 2,104,748 Total Current Liabilities 572,827 5,825,912 Deferred Credits: Unamortized investment credit Other deferred credits 102,137 397,671 Total Deferred Credits 102,137 397,671 Accumulated deferred taxes (6,289) (917,850) Commitments and contingencies Total Liabilities and Capitalization $1,374,316 $9,481,628 ( ) Denotes Contra
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS (3 of 3) June 30, 2000
LIABILITIES EUA EUA EUA EUA WestCoast FRC II EC&S I EC&S II (Partnership) (Partnership) (Partnership) (Partnership) Capitalization: Common equity $0 $0 $0 $0 Non-redeemable preferred stock of subsidiaries Redeemable preferred stock of subsidiaries - net Preferred stock redemption cost Partnerships' capital 868,109 11,046,374 8,100,275 Long-term debt - net Total Capitalization 868,109 11,046,374 8,100,275 Current Liabilities: Preferred stock sinking fund requirements Long-term debt due within one year Notes payable Accounts payable 40,836 Accounts payable - associated companies (868,109) 46,333 110,934 171,217 Customer deposits Taxes accrued Interest accrued Dividends declared Other current liabilities (46,333) 1,521,032 3,133,726 Total Current Liabilities (868,109) 1,672,802 3,304,943 Deferred Credits: Unamortized investment credit Other deferred credits 814,000 1,066,501 Total Deferred Credits 814,000 1,066,501 Accumulated deferred taxes Commitments and contingencies Total Liabilities and Capitalization $13,533,176 $12,471,719 ( ) Denotes Contra
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING INCOME STATEMENTS (1 of 3) FOR THE SIX MONTHS ENDED June 30, 2000
EUA EUA EUA EUA Day Matrix EUA Cogenex Cogenex Day (fka Day I&I NEM Consolidated Elimination Corporation (Division) (Division) Inc. Operating Revenues $16,674,383 $ $3,772,130 $1,726,591 Operating Expenses: Operation 12,884,033 4,303,279 2,144 59,341 Maintenance 640,944 351,992 1,647 Depreciation and amortization 4,440,516 2,551,342 290,955 Taxes - Other than income 312,277 215,858 - Income (credit) (1,229,207) (1,782,686) 325,536 - Deferred 205,922 76,256 163,794 Total Operating Expenses 17,254,485 5,716,041 2,144 841,273 Operating Income (580,102) (1,943,911) (2,144) 885,318 Other Income and Deductions: Interest and dividend income 1,666,803 381,503 1,775,094 Equity in earnings of jointly- owned companies 484,573 1,354,090 1,838,663 Allowance for other funds used during construction Other (deductions) income - net (1,174,486) (1,137,332) Total Other Income 976,890 1,735,593 2,476,425 Income (Loss) Before Interest Charges 396,788 1,735,593 532,514 (2,144) 855,318 Interest Charges: Interest on long-term debt 2,669,892 2,669,892 Amortization of debt expense and premium Other interest expense (principally short-term notes) 21,906 269,709 14,551 Allowance for borrowed funds used during construction - (credit) (57,519) (15,222) Total Interest Charges 2,634,279 269,709 2,669,221 Net Income (Loss) before preferred return (2,237,491) 1,465,884 (2,136,707) (2,144) 885,318 Preferred Return Requirement 13,153 Net (Loss) Income ($2,250,644)$1,465,884 ($2,136,707) ($2,144) $885,318
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING INCOME STATEMENTS (2 of 3) FOR THE SIX MONTHS ENDED June 30, 2000
EUA EUA EUA COGENEX EUA Cogenex Citizens WEST MUPA Canada Corporation Corporation (Partnership) Operating Revenues $27,609 $4,347,005 $4,636,210 $ Operating Expenses: Operation 178,021 3,736,482 4,024,607 Maintenance (1,466) (4,119) 28,723 Depreciation and amortization 4,461 256,156 267,929 Taxes - Other than income 1,469 66,731 28,219 - Income (credit) (32,425) 86,832 173,536 - Deferred 5,700 (39,828) Total Operating Expenses 150,060 4,147,782 4,483,186 Operating Income (122,451) 199,223 153,024 Other Income and Deductions: Interest and dividend income 25,579 93,664 Equity in earnings of jointly- owned companies Allowance for other funds used during construction Other (deductions) income - net 62,092 (200) (97,900) Total Other Income 87,671 (200) (4,236) Income (Loss) Before Interest Charges (34,780) 199,023 148,788 Interest Charges: Interest on long-term debt Amortization of debt expense and premium Other interest expense (principally short-term notes) 6,462 91,840 178,762 Allowance for borrowed funds used during construction - (credit) (19,526) (22,771) Total Interest Charges 6,462 72,314 155,991 Net Income (Loss) before preferred return (41,242) 126,709 (7,203) Preferred Return Requirement 13,153 Net (Loss) Income ($41,242) $113,556 ($7,203)
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING INCOME STATEMENTS (3 of 3) FOR THE SIX MONTHS ENDED June 30, 2000
EUA EUA EUA EUA WestCoast FRC II EC&S I EC&S II (Partnership) (Partnership) (Partnership) (Partnership) Operating Revenues $ $ $929,743 $1,235,095 Operating Expenses: Operation 70 529,579 50,510 Maintenance 38,743 225,424 Depreciation and amortization 15,539 283,926 770,208 Taxes - Other than income - Income (credit) - Deferred Total Operating Expenses 15,539 70 852,248 1,046,142 Operating Income (15,539) (70) 77,495 188,953 Other Income and Deductions: Interest and dividend income 101,336 52,633 Equity in earnings of jointly- owned companies Allowance for other funds used during construction Other (deductions) income - net (573) (573) Total Other Income 100,763 52,060 Income (Loss) Before Interest Charges (15,539) (70) 178,258 241,013 Interest Charges: Interest on long-term debt Amortization of debt expense and premium Other interest expense (principally short-term notes) Allowance for borrowed funds used during construction - (credit) Total Interest Charges Net Income (Loss) before preferred return (15,539) (70) 178,258 241,013 Preferred Return Requirement Net (Loss) Income ($15,539) ($70) $178,258 $241,013
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED June 30, 2000 (1 of 3)
EUA EUA EUA EUA Day Matrix Cogenex Cogenex Day (fka Day Consolidated Elimination Corporation (Division) (Division) CASH FLOW FROM OPERATING ACTIVITIES: Net Income (Loss) ($2,250,644) $1,465,884 ($2,136,707) ($2,144) Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities: Depreciation and amortization 4,591,272 2 2,702,046 Deferred taxes 205,922 76,256 Gains on sales of investments in energy savings projects paid for with notes and leases receiv. (10,882) (1) 125,944 Costs of energy savings cash sales type projects 7,725,888 868,117 Pension liability 7,371 7,371 Gain on sale of Citizens (1,034,135) 2,034,135 1,000,000 Collections of prin port of project notes & leases receiv. 3,700,735 (3) 2,837,277 Undistributed Equity earnings of subsidiaries (484,573) (2) (484,575) Proceeds from sales of notes and leases 3rd party 61,941,680 45,229,901 Amortization of deferred revenues (1,115,482) (1,039,631) Other - net (253,609) (26,175) (459,413) (1) Net Changes to Working Capital: Accounts receivable 5,361,033 (15,773,663) 5,245,055 Materials and supplies Accounts payable (1,885,588) 15,789,966 14,264,211 Accrued taxes (3,196,646) (4,077,850) Accrued interest (1,123,245) 19,650 (1,123,244) Other - net 5,153,900 (31,118) 3,347,271 2,819,042 (3,477,928) Net Cash Provided from (Used in) Operating Activities 77,332,997 3,478,675 66,382,029 2,816,897 (3,477,928) CASH FLOW FROM INVESTING ACTIVITIES: Expenditures for investments in energy savings projects (14,866,756) (2) (4,984,695) Collections on financing notes and leases receivable 1,298,018 1,298,018 Proceeds from sale of Citizens 5,287,761 (5,298,000) Investments in subsidiaries 1,674,740 1,674,740 Net Cash Provided from (Used in) Investing Activities (8,280,977) (3,623,262) (2,011,937) CASH FLOW FROM FINANCING ACTIVITIES: Redemption: Long-term debt (77,400,000) (77,400,000) Premium on reacquisition and financing expenses Dividends declared (1,175,000) Capital contribution - EUA (315,561) (3,162,367) 3,477,928 Partner's contribution (withdrawal) (1,900,801) Net increase (decrease) in short-term debt 5,850,040 3,220,388 11,307,670 Net Cash Provided from (Used in) Financing Activities (71,549,960) 144,587 (66,407,891) (3,162,367) 3,477,928 NET (DECREASE) INCREASE IN CASH (2,497,940) (2,037,799) (345,470) Cash and temporary cash investments at beginning of year 5,293,992 3,291,274 345,470 Cash and temporary cash investments at end of year $2,796,052 $1,253,475 Cash paid during the year for: Interest (net of amounts capitalized) $3,866,042 $3,866,042 Income Taxes Conversion of investments in energy savings projects to notes and leases receivable $597,175 $125,945 ( ) Denotes contra
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED June 30, 2000 (2 of 3)
EUA EUA EUA EUA COGNEX EUA NEM Cogenex Citizens WEST MUPA Inc Canada Corporation Corporation (Partnership) CASH FLOW FROM OPERATING ACTIVITIES: Net Income (Loss) $885,318 ($41,242) $113,556 ($7,203) Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities: Depreciation and amortization 290,954 4,509 256,158 267,932 Deferred taxes 163,794 5,700 (39,828) Gains on sales of investments in energy savings projects paid for with notes and leases receivable (16,979) Costs of energy savings cash sales type projects 3,189,727 3,668,044 Pension liability Gain on sale of Citizens Collections of prin port of project notes and leases receiv. 44,541 405,911 Undistributed Equity earnings of subsidiaries Proceeds from sales of notes and leases 3rd party 1,354,770 Amortization of deferred revenues (17,680) Other - net 1 (145,321) 3,938 234,768 Net Changes to Working Capital: Accounts receivable (578,237) (1,727) 730,726 (159,378) Materials and supplies Accounts payable 6,224 426,176 (657,441) (159,937) Accrued taxes 581,917 (108,871) 296,056 112,102 Accrued interest 5,823 13,827 Other - net 1,079 (31,678) 72,416 1,271,241 Net Cash Provided from (Used in) Operating Activities 1,351,050 129,408 4,016,659 6,944,569 CASH FLOW FROM INVESTING ACTIVITIES: Expenditures for investments in energy savings projects 9,217 (4,220,148)(4,514,212) Collections on financing notes and leases receivable Proceeds from sale of Citizens (10,239) Investments in subsidiaries Net Cash Provided from (Used in) Investing Activities 9,217 (4,230,387)(4,514,212) CASH FLOW FROM FINANCING ACTIVITIES: Redemption: Long-term debt Premium on reacquisition and financing expenses Dividends declared (1,000,000) (175,000) Capital contribution - EUA Partner's contribution (withdrawal) Net increase (decrease) in short-term debt 50,040 388,728 (2,676,010) Net Cash Provided from (Used in) Financing Activities (1,000,000) 50,040 213,728 (2,676,010) NET (DECREASE) INCREASE IN CASH 351,050 188,665 (245,653) Cash and temporary cash investments at beginning of year 106,962 31,946 452,987 Cash and temporary cash investments at end of year $458,012 $220,611 $207,334 Cash paid during the year for: Interest (net of amount capitalized) Income Taxes Conversion of investments in energy savings projects to notes and leases receivable $10,629 ( ) Denotes contra
EUA COGENEX CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED June 30, 2000 (3 of 3)
EUA EUA EUA EUA WestCoast FRC II EC&S I EC&S II (Partnership) (Partnership) (Partnership) (Partnership) CASH FLOW FROM OPERATING ACTIVITIES: Net Income (Loss) ($15,539) ($70) $178,258 $241,013 Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities: Depreciation and amortization 15,541 283,924 770,210 Deferred taxes Gains on sales of investments in energy savings projects paid for with notes and leases receivable (119,848) Costs of energy savings cash sales type projects Pension liability Gain on sale of Citizens Collections of prin port of project notes and leases receivable 144,174 268,829 Undistributed Equity earnings of subsidiaries Proceeds from sales of notes and leases 3rd party 8,140,858 7,216,151 Amortization of deferred revenues (33,419) (24,752) Other - net 1 86,243 Net Changes to Working Capital: Accounts receivable (8,183,338) (7,465,731) Materials and supplies Accounts payable (33,683) 46,333 (195,318) 207,813 Accrued taxes Accrued interest (1) Other - net (20,000) (46,333) 556,782 630,890 Net Cash Provided from (Used in) Operating Activities (53,682) (70) 772,074 1,930,666 CASH FLOW FROM INVESTING ACTIVITIES: Expenditures for investments in energy savings projects (846,522) (310,398) Collections on financing notes and leases receivable Proceeds from sale of Citizens Investments in subsidiaries Net Cash Provided from (Used in) Investing Activities (846,522) (310,398) CASH FLOW FROM FINANCING ACTIVITIES: Redemption: Long-term debt Premium on reacquisition and financing expenses Dividends declared Capital contribution - EUA Partner's contribution(withdrawal) (801) (1,900,000) Net increase (decrease) in short-term debt Net Cash Provided from (Used in) Financing Activities (801) (1,900,000) NET (DECREASE) INCREASE IN CASH (53,682) (871) (74,448) (279,732) Cash and temporary cash investments at beginning of year 53,682 871 298,848 711,952 Cash and temporary cash investments at end of year $224,400 $432,220 Cash paid during the year for: Interest (net of amount capitalized) $0 Income Taxes Conversion of investments in energy savings projects to notes and leases receivable $442,601 ( ) Denotes contra
Business Line Project Equipment in Service Revenues as of 6/30/00 as of 6/30/00 Demand Side Mgmt./Energy Mgmt. Services $29,178,974 $16,656,150 Manufacturing and Fabrication Consulting $18,233 TOTAL $29,178,974 $16,674,383 Geographic Location Project Equipment In Service Revenues as of 6/30/00 as of 6/30/00 New England / New York Region $17,515,058 $9,739,211 United States excluding New England $11,663,916 $6,907,563 and New York Canada $27,609 All areas of the world excluding the U.S. and Canada TOTAL $29,178,974 $16,674,383
EX-27 2 0002.txt FDS
OPUR1 1000 6-MOS MAR-31-2000 JUN-30-2000 PER-BOOK 0 37,911 26,251 3,762 0 67,924 0 44,268 (6,480) 37,788 0 0 0 6,005 0 0 0 0 0 0 12,137 55,930 16,674 (1,023) 18,227 17,254 (580) 977 397 2,634 (2,237) 13 (2,250) 0 0 77,333 0 0
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