-----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, LqRtu4LQxKKYXPsiSu27JLKdRbOnN8y9eaBEoipxBc/MQ37cvOCfUXzlgi3XFQzo gkVl9sERXVqOSwPOh7DJHg== 0000004904-00-000063.txt : 20000428 0000004904-00-000063.hdr.sgml : 20000428 ACCESSION NUMBER: 0000004904-00-000063 CONFORMED SUBMISSION TYPE: U5S PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN ELECTRIC POWER COMPANY INC CENTRAL INDEX KEY: 0000004904 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 134922640 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U5S SEC ACT: SEC FILE NUMBER: 001-03525 FILM NUMBER: 609879 BUSINESS ADDRESS: STREET 1: 1 RIVERSIDE PLZ CITY: COLUMBUS STATE: OH ZIP: 43215 BUSINESS PHONE: 6142231000 FORMER COMPANY: FORMER CONFORMED NAME: KINGSPORT UTILITIES INC DATE OF NAME CHANGE: 19660906 U5S 1 AMERICAN ELECTRIC POWER COMPANY, INC. FORM U5S - ANNUAL REPORT For the Year Ended December 31, 1999 TABLE OF CONTENTS Page ITEM 1. SYSTEM COMPANIES AND INVESTMENT THEREIN AS OF DECEMBER 31, 1999. . . . . . . . . . . . . . . . . . . . . . 1-6 ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS. . . . . . . . . . . 7 ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES . . . . . . . . . . . . . . . . . . . . . . . . . 7-8 ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES . 9-11 ITEM 5. INVESTMENTS IN SECURITIES OF NON-SYSTEM COMPANIES. . . . . . 12 ITEM 6. OFFICERS AND DIRECTORS Part I. Names, principal business address and positions held as of December 31, 1999 . . . . . . . . . . 13-22 Part II. Banking connections. . . . . . . . . . . . . . . 23 Part III. Compensation and other related information . . . 24-34 ITEM 7. CONTRIBUTIONS AND PUBLIC RELATIONS . . . . . . . . . . . . . 35 ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS Part I. Contracts for services or goods between system companies. . . . . . . . . . . . . . . . . . . . 36 Part II. Contracts to purchase services or goods between any system company and any affiliate . . . . . . 37 Part III. Employment of any person by any system company for the performance on a continuing basis of management services. . . . . . . . . . . . . . . 37 ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES . . . . . 38-41 ITEM 10 FINANCIAL STATEMENTS AND EXHIBITS (Index). . . . . . . . . . 42 SIGNATURE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
ITEM 1. SYSTEM COMPANIES AND INVESTMENT THEREIN AS OF DECEMBER 31, 1999. Issuer Owner's Number of Common Percent of Book Book Name of Company Shares Owned Voting Power Value (P) Value (P) (1) (2) (3) (4) (5) (in thousands) American Electric Power Company, Inc. (AEP) None None None None AEP Communications, Inc. (AEPC) 100 Shares 100 $ 12,599 $ 12,599 AEP Communications, LLC (AEPCLLC) Uncertificated 100 14,752 14,752 AEP Energy Services, Inc. (AEPES) 200 Shares 100 (31,009) (31,012) AEP Generating Company (AEGCo) 1,000 Shares 100 33,907 33,907 AEP Investments, Inc. (AEPINV) 100 Shares 100 13,177 13,177 AEP Power Marketing, Inc. 100 Shares 100 - - AEP Resources Service Company (AEPRESC) 110 Shares 100 1,260 1,260 American Electric Power Service Corporation (AEPSC) 13,500 Shares 100 2,450 2,450 AEP Resources, Inc. (AEPR) 100 Shares 100 260,981 261,229 AEP Delaware Investment Company(AEPDI) Shares 100 1,190 1,190 AEP Holdings I CV (AEPHLD) Partnership 1 1,190 1,190 AEP Holdings II CV (AEPHLDII) Partnership 0.8 414 414 AEP Energy Services Limited (AEPES-UK) .01 Shares 0.8 37 37 AEP Funding Limited (A) .01 Shares 0.8 - - AEPR Global Investments B.V. (AEPRGI) .31 Shares 0.8 - - AEPR Global Holland Holding B.V. (AEPRGHH) .31 Shares 0.8 - - AEPR Global Ventures B.V. (AEPRGV) .31 Shares 0.8 - - Australian Energy International Pty. Ltd. 1 Shares 0.1 (C) - - AEI (Loy Yang) Pty. Ltd. .40 Shares 0.8 - - Intergen Denmark, Aps Partnership .4 377 377 AEP Delaware Investment Company II (AEPDII)(B) 1,000 Shares 100 78,734 78,734 AEP Holdings II CV (AEPHLDII) Partnership 15 7,763 7,763 AEP Energy Services Limited (AEPES-UK) .15 Shares 15 692 692 AEP Funding Limited (A) 1 Shares 15 - - AEPR Global Investments B.V. (AEPRGI) 6 Shares 15 1 1 AEPR Global Holland Holding B.V. (AEPRGHH) 6 Shares 15 1 1 AEPR Global Ventures B.V. (AEPRGV) 6 Shares 15 (1) (1) Australian Energy International Pty. Ltd. 15 Shares 2.4 (C) - - AEI (Loy Yang) Pty. Ltd. .15 Shares 15 - - Intergen Denmark, Aps Partnership 7.5 7,065 7,065 AEP Energy Management, L.L.C. Uncertificated 100 61 AEP Holdings I CV (AEPHLD) Partnership 99 117,823 117,823 AEP Holding II CV (AEPHLDII) Partnership 84.2 43,577 43,577 AEP Energy Services Limited (AEPES-UK) .84 Shares 84.2 3,882 3,882 AEP Funding Limited (A) .84 Shares 84.2 - - AEPR Global Investments B.V. (AEPRGI) 33.7 Shares 84.2 7 7 AEPR Global Holland Holding B.V. (AEPRGHH) 33.7 Shares 84.2 5 5 AEPR Global Ventures B.V. (AEPRGV) 33.7 Shares 84.2 (5) (5) Australian Energy International Pty. Ltd. 84 Shares 13.5 (C) - - ITEM 1. (CONTINUED) Issuer Owner's Number of Common Percent of Book Book Name of Company Shares Owned Voting Power Value (P) Value (P) (1) (2) (3) (4) (5) (in thousands) AEI (Loy Yang) Pty. Ltd. .84 Shares 84.2 - - Intergen Denmark, Aps Partnership 42.1 39,659 39,659 AEP Resources Australia Holdings Pty Ltd (AEHOL) 1 Shares 100 379,146 379,146 AEP Resources CitiPower I Pty Ltd (AECP1) 1 Shares 100 113,430 113,430 Australia's Energy Partnership (AEPNP) Partnership 99 (D) 1,140,654 1,140,654 Marregon (No. 2) Pty Ltd (LDC1) 179,190,000 Shares 99 29,648 29,648 CitiPower Pty (CTP) 4.95 Shares 99 7,754 7,754 CitiPower Trust (TRUST) Uncertificated 99 1,091,269 1,091,269 Marregon Pty Ltd (AEMAR) .99 Shares 99 - - AEP Resources CitiPower II Pty Ltd (AECP2) 1 Shares 100 2,986 2,986 Australia's Energy Partnership (AEPNP) Partnership 1 (D) 11,522 11,522 Marregon (No. 2) Pty Ltd (LDC1) 1,810,000 Shares 1 300 300 CitiPower Pty (CTP) .05 Shares 1 79 79 CitiPower Trust (TRUST) Uncertificated 1 11,023 11,023 Marregon Pty Ltd (AEMAR) .01 Shares 1 - - AEP Resources Australia Pty., Ltd. (AEPRA) 3,753,752 Shares 100 17,990 17,990 Pacific Hydro Limited 23,478,300 Shares 20 (E) 15,305 17,925 AEP Resources Limited (AEPRL) 1 Shares 100 334 334 AEP Resources Gas Holding Company (AEPRGH) 10 Shares 100 326,880 326,880 AEP Resources Investments, Inc. (AEPRINV) 100 Shares 100 121,847 121,847 LIG Pipeline Company (LIGPIPE) 100 Shares 100 121,837 121,837 LIG, Inc. (LIGINC) 100 Shares 100 12,169 12,169 Louisiana Intrastate Gas Company, L.L.C (LIG) 100 Shares 10 (F) 12,182 12,182 LIG Chemical Company (LIGCHEM) 100 Shares 10 (237) (237) LIG Liquids Company, L.L.C. (LIGLIQ) 10 Shares 1 (G) 139 139 LIG Liquids Company, L.L.C. (LIGLIQ) 90 Shares 9 (G) 1,235 1,235 Tuscaloosa Pipeline Company (TUSCALOOSA) 100 Shares 10 85 85 Louisiana Intrastate Gas Company, L.L.C. (LIG) 900 Shares 90 (F) 109,642 109,642 LIG Chemical Company (LIGCHEM) 900 Shares 90 (2,135) (2,135) LIG Liquids Company, L.L.C. (LIGLIQ) 90 Shares 9 (G) 1,235 1,235 LIG Liquids Company, L.L.C. (LIGLIQ) 810 Shares 81 (G) 11,120 11,120 Tuscaloosa Pipeline Company (TUSCALOOSA) 900 Shares 90 764 764 AEP Resources Ventures, Inc. (VENTURES) 100 Shares 100 22,730 22,730 AEP Acquisition L.L.C. (AEPACQ) Uncertificated 50 (H) 20,943 20,943 Jefferson Island Storage & Hub L.L.C. (JISH) 50 Shares 50 104,322 104,327 AEP Resources Ventures II, Inc. (VENTURES II) 10 Shares 100 22,730 22,730 AEP Acquisition L.L.C. (AEPACQ) Uncertificated 50 (H) 20,943 20,943 Jefferson Island Storage & Hub L.L.C. (JISH) 50 Shares 50 104,322 104,327 AEP Resources Ventures III, Inc. (VENTURES III) 10 Shares 100 9 9 ITEM 1. (CONTINUED) Issuer Owner's Number of Common Percent of Book Book Name of Company Shares Owned Voting Power Value (P) Value (P) (1) (2) (3) (4) (5) (in thousands) AEP Resources International, Ltd. (AEPRI) 2 Shares 100 30,037 30,037 AEP Pushan Power, LDC (PUSHAN) 99 Shares 99 (I) 29,740 29,740 Nanyang General Light Electric Co., Ltd. (NGLE) (I) 69.3 (J) 102,493 102,459 AEP Resources Mauritius Company (MAURITIUS) 9,900 Shares 99 (I) 7 7 AEP Resources Mauritius Investment Company 100 - - AEP Resources Project Management Company, Ltd. (AEPRPM) 1 Shares 100 300 300 AEP Pushan Power, LDC (PUSHAN) 1 Shares 1 (I) 300 300 Nanyang General Light Electric Co., Ltd. (NGLE) (I) 0.7 (J) 1,035 1,035 AEP Resources Mauritius Company (MAURITIUS) 100 Shares 1 (I) - - Yorkshire Power Group Limited 220,000,001 Shares 50 (K) 367,860 367,860 Yorkshire Cayman Holding Limited Shares 100 - - Yorkshire Holdings plc 50,000 Shares 100 - - Yorkshire Electricity Group plc 159,270,953 Shares 100 - - Yorkshire Power Finance Limited 20 Shares 2 (L) - - Yorkshire Power Finance Limited 980 Shares 98 (L) - - Total AEP Resources, Inc. 1,320,055 1,320,055 ITEM 1. (CONTINUED) Issuer Owner's Number of Common Percent of Book Book Name of Company Shares Owned Voting Power Value (P) Value (P) (1) (2) (3) (4) (5) (in thousands) Appalachian Power Company* (APCo) 13,499,500 Shares 98.6 1,150,571 1,171,610 Cedar Coal Co. (CeCCo) 2,000 Shares 100 7,738 7,738 Central Appalachian Coal Company** (CACCo) 3,000 Shares 100 721 721 Central Coal Company** (CCCo) 1,500 Shares 50 (M) 604 604 Central Operating Company (COpCo) 1,500 Shares 50 (M) - - Southern Appalachian Coal Company** (SACCo) 6,950 Shares 100 11,459 11,459 West Virginia Power Company** (WVPCo) 100 Shares 100 252 242 Total Appalachian Power Company 20,774 20,764 Columbus Southern Power Company (CSPCo)* 16,410,426 Shares 100 860,482 860,482 Colomet, Inc.** (COLM) 1,500 Shares 100 1,950 1,950 Conesville Coal Preparation Company (CCPC) 100 Shares 100 1,460 1,460 Simco Inc.** (Simco) 90,000 Shares 100 477 477 Ohio Valley Electric Corporation (OVEC) 4,300 Shares 4.3 516 430 Total Columbus Southern Power Company 4,403 4,317 Franklin Real Estate Company (FRECo) 100 Shares 100 30 28 Indiana Franklin Realty, Inc. (IFRI) 10 Shares 100 1 1 Indiana Michigan Power Company* (I&M) 1,400,000 Shares 100 955,712 962,899 Blackhawk Coal Company** (BHCCo) 39,521 Shares 100 56,956 56,956 Price River Coal Company** (PRCCo) 1,091 Shares 100 27 27 Total Indiana Michigan Power Company 56,983 56,983 Kentucky Power Company (KEPCo) 1,009,000 Shares 100 276,310 279,096 Kingsport Power Company (KGPCo) 410,000 Shares 100 25,085 25,742 Ohio Power Company* (OPCo) 27,952,473 Shares 99.1 1,371,101 1,375,523 Cardinal Operating Company (CdOpCo) 250 Shares 50 (N) 101 92 Central Coal Company** (CCCo) 1,500 Shares 50 (M) 604 604 Central Ohio Coal Company (COCCo) 69,000 Shares 100 9 9 Central Operating Company (COpCo) 1,500 Shares 50 (M) - - Southern Ohio Coal Company (SOCCo) 5,000 Shares 100 52,087 52,088 Windsor Coal Company (WCCo) 4,064 Shares 100 33 205 Total Ohio Power Company 52,733 52,998 ITEM 1. (CONTINUED) Issuer Owner's Number of Common Percent of Book Book Name of Company Shares Owned Voting Power Value (P) Value (P) (1) (2) (3) (4) (5) (in thousands) Ohio Valley Electric Corporation* (OVEC) 39,900 Shares 39.9 4,786 4,082 Indiana-Kentucky Electric Corporation (IKEC) 17,000 Shares 100 (O) 3,400 3,400 Wheeling Power Company (WPCo) 150,000 Shares 100 25,815 26,797 Equity in Subsidiaries - Unallocated 9,840 9,840 Total American Electric Power Company, Inc. 4,972,997 5,009,709 Total All Companies $9,794,489 $9,833,966 ________________________________________________ New subsidiaries added during 1999 are: Name of Company Date and Place of Organization Description of Business AEP Holdings I CV To own and finance foreign elctric projects and energy trading AEP Holdings II CV To own and finance foreign elctric projects and energy trading AEP Energy Services Limited July 13, 1999 - Great Britain To conduct energy trading AEP Delaware Investment Company November 12, 1999 - State of Delaware To own and finance foreign elctric projects and energy trading . AEP Energy Management, LLC February 2, 1999 - State of Delaware Intergen Denmark, Aps To own electric projects (A) Name changed from AEP Energy Services International, Limited on December 15, 1999. (B) Name changed from AEP Resources Delaware, Inc. on December 6, 1999. (C) AEP Resources Global Ventures B.V. owns 16% and the remaining 84% is owned an unaffiliated company. (D) Owned 99% by AEP Resources CitiPower I Pty Ltd and 1% by AEP Resources CitiPower II Pty Ltd. (E) Owned 20% by AEP Resources Australia Pty., Ltd. and 80% by unaffiliated companies. (F) Owned 10% by LIG, Inc. and 90% by LIG Pipeline Company. (G) Owned 10% by LIG Chemical Company and 90% by Louisiana Intrastate Gas Company. (H) Owned 50% by AEP Resources Ventures, Inc and 50% by AEP Resources Ventures II, Inc. (I) Owned 99% by AEP Resources International Ltd. and 1% by AEP Resources Project Management Company Ltd. (J) AEP Pushan Power, LDC owns 70%; the other 30% is owned by unaffiliated companies. The Company is a joint venture company domiciled in the People's Republic of China. It has registered capital totaling Renminbi four hundred seventy six million six hundred sixty seven thousand Yuan. (K) AEP Resources, Inc. owns 50% and the remaining 50% is owned by an unaffiliated company. (L) Owned 2% by Yorkshire Holdings plc and 98% by Yorkshire Power Group Limited. (M) Owned 50% by Appalachian Power Company and 50% by Ohio Power Company. (N) Ohio Power Company owns 50% of the stock; the other 50% is owned by a corporation not affiliated with American Electric Power Company, Inc. (O) This Company is a wholly-owned subsidiary of Ohio Valley Electric Corporation, 44.2% of whose voting securities are owned by the American Electric Power System, the balance by unaffiliated companies. (P) Includes unsecured debt as follows: for AEHOL - $214,666,000, AEPRA - $4,925,000, AEPRGH - $243,600,000, AEPSC - $1,100,000, NGLE - $69,946,000, CdOpCo - $92,000 and MAURITIUS - $1,034,000. *Exempt under Section 3(A) pursuant to Rule 2 thereof. **Inactive. ***Exempt under Securities and Exchange Commission Release No. 35-24295. All of the active subsidiaries of AEP are involved in the electric utility business in the United States with the exceptions of AEPC, AEPCLLC, AEPES, AEPINV, AEP Power Marketing, Inc., AEPR, AEHOL, AECP1, AEPNP, LDC1, CTP, TRUST, AEMAR, AECP2, AEPRA, Pacific Hydro Limited, AEPDI, AEPHLD, AEPHLDII, AEPES-UK, AEP Funding Limited, AEPDII, AEP Energy Management, LLC, AEPRGH, AEPRINV, LIGPIPE, LIGINC, LIG, LIGCHEM, LIGLIQ, TUSCALOOSA, VENTURES, AEPACQ, JISH, VENTURES II, VENTURES III, AEPRI, PUSHAN, NGLE, MAURITIUS, AEP Resources Mauritius Investment Company, AEPRPM, AEPRL, AEPRGI, AEPRGHH, AEPRGV, Australian Energy International Pty. Ltd., AEI (Loy Yang) Pty. Ltd.,Intergen Denmark, Aps, Yorkshire Power Group Limited, Yorkshire Cayman Holding Limited, Yorkshire Holdings plc, Yorkshire Electricity Group plc, Yorkshire Power Finance Limited, and AEPRESC. AEPRESC offers consulting services to unaffiliated entities in AEP and its subsidiaries' areas of expertise. AEPINV is involved in the development of demand side management technologies. Yorkshire Power Group Limited and its subsidiaries are involved in the electric utility business in the United Kingdom. AEHOL and its subsidiaries own electric distribution assets in Melbourne, Australia. Pacific Hydro Limited owns hydroelectric facilities. AEPRGH and its subsidiaries owns and operates midstream gas operations in Louisiana. AEPES operates a gas trading business. AEPDI and subsidiaries operate a U. K. Electric and gas trading business. The other listed subsidiaries are pursuing opportunities in non-regulated electric and related activities.
ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS Information concerning acquisitions or sales of utility assets by System companies not reported in a certificate filed pursuant to Rule 24 are as follows: NONE ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES Name of Issuer and Authorization Description of Issues Date and Form of Transactions Consideration or Exemption (1) (2) (3) (4) (in thousands) Appalachian Power Company: Senior Unsecured Notes Payable 6.60% Series Due 2009 5/20/99 - Public Offering 148,751 Rule 52 7.45% Series Due 2004 10/19/99 - Public Offering 49,542 Rule 52 Indiana Michigan Power Company: Senior Unsecured Notes Payable Floating Rate Series Due 2000 11/23/99 - Public Offering 99,610 Rule 52 6.875% Series Due 2004 7/22/99 - Public Offering 148,379 Rule 52 ITEM 3. (CONTINUED) Name of Issuer and Authorization Description of Issues Date and Form of Transactions Consideration or Exemption (1) (2) (3) (4) (in thousands) Kentucky Power Company: Senior Unsecured Notes Payable Floating Rate Series Due 2000 11/2/99 - Public Offering 79,740 Rule 52 Ohio Power Company: Senior Unsecured Notes Payable 6.75% Series Due 2004 6/9/99 - Public Offering 99,213 Rule 52 7.00% Series Due 2004 9/1/99 - Public Offering 74,094 Rule 52 GUARANTEE: At December 31, 1999, American Electric Power Company, Inc. had outstanding parental guaranties on behalf of AEP Communications, LLC with two banks. The net exposure under the guaranties at December 31, 1999 was approximately $5,500,000.
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES Name of Company Extinguished (EXT) Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization Title of Issue Retiring Securities Consideration Further Disposition or Exemption (1) (2) (3) (4) (5) (in thousands) American Electric Power Service Corp: Mortgage Notes 9% Series D Due 1999 AEPSC 2,500 EXT Rule 42 9.60% Series E Due 2008 AEPSC 2,500 EXT Rule 42 Appalachian Power Company: Cumulative Preferred Stock, No Par Value 4-1/2% Series APCo 707 EXT Rule 42 5.90% Series APCo 2,023 EXT Rule 42 First Mortgage Bonds 7.00% Series Due 1999 APCo 30,000 EXT Rule 42 8.43% Series Due 2022 APCo 37,471 EXT Rule 42 7.80% Series Due 2023 APCo 9,763 EXT Rule 42 7.90% Series Due 2023 APCo 30,000 EXT Rule 42 7.15% Series Due 2023 APCo 9,450 EXT Rule 42 Columbus Southern Power Company: First Mortgage Bonds 7.75% Series Due 2023 CSPCo 6,930 EXT Rule 42 7.45% Series Due 2024 CSPCo 19,637 EXT Rule 42 7.60% Series Due 2024 CSPCo 8,957 EXT Rule 42 ITEM 4. (CONTINUED) Name of Company Extinguished (EXT) Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization Title of Issue Retiring Securities Consideration Further Disposition or Exemption (1) (2) (3) (4) (5) (in thousands) Indiana Michigan Power Company: Cumulative Preferred Stock, $100 Par Value 4-1/8% Series I&M 7 EXT Rule 42 4.56% Series I&M 11 EXT Rule 42 5.90% Series I&M 1,513 EXT Rule 42 6-1/4% Series I&M 1,029 EXT Rule 42 6-7/8% Series I&M 1,038 EXT Rule 42 Indiana Michigan Power Company: First Mortgage Bonds 7.30% Series Due 1999 I&M 35,000 EXT Rule 42 6.80% Series Due 2003 I&M 20,000 EXT Rule 42 6.55% Series Due 2003 I&M 20,000 EXT Rule 42 6.55% Series Due 2004 I&M 25,000 EXT Rule 42 7.20% Series Due 2024 I&M 9,500 EXT Rule 42 Kentucky Power Company: First Mortgage Bonds 7.20% Series Due 1999 KEPCo 35,000 EXT Rule 42 7.90% Series Due 2023 KEPCo 12,812 EXT Rule 42 7.90% Series Due 2023 KEPCo 10,495 EXT Rule 42 Notes Payable 6.42% Due 1999 KEPCo 25,000 EXT Rule 42 Kingsport Power Company: Notes Payable 7.10% Due 1999 KGPCo 5,000 EXT Rule 42 7.69% Due 1999 KGPCo 5,000 EXT Rule 42 ITEM 4. (CONTINUED) Name of Company Extinguished (EXT) Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization Title of Issue Retiring Securities Consideration Further Disposition or Exemption (1) (2) (3) (4) (5) (in thousands) Ohio Power Company: Cumulative Preferred Stock, $100 Par Value 4.08% Series OPCo 25 EXT Rule 42 4-1/2% Series OPCo 271 EXT Rule 42 4.40% Series OPCo 26 EXT Rule 42 5.90% Series OPCo 1,021 EXT Rule 42 6.02% Series OPCo 2,050 EXT Rule 42 First Mortgage Bonds 6.875% Series Due 2003 OPCo 40,000 EXT Rule 42 6.55% Series Due 2003 OPCo 7,865 EXT Rule 42 7.85% Series Due 2023 OPCo 40,000 EXT Rule 42 7.10% Series Due 2023 OPCo 1,870 EXT Rule 42 Wheeling Power Company: Notes Payable 7.10% Due 1999 WPCo 5,000 EXT Rule 42
ITEM 5. INVESTMENTS IN SECURITIES OF NONSYSTEM COMPANIES AS OF DECEMBER 31, 1999.
1. Aggregate amount of investments in persons operating in the retail service area of AEP or of its subsidiaries. Aggregate Amount of Investments Number of Name of in Persons (Entities), Operating in Persons Description of Company Retail Service Area of Owner (Entities) Persons (Entities) (1) (2) (3) (4) (in thousands) APCo $ 739 8 Industrial Development Corporations AEPCLLC 6,412 2 Personal Communications Services Provider AEPINV 601 1 Economic Development Company AEPINV 100 1 Economic Development Company I&M 8 1 Economic Development Company WPCo 13 1 Industrial Development Corporation
2. Securities owned not included in 1 above.
Name of Nature of Description Number Percent of Owner's Company Name of Issuer Issuer's Business of Securities of Shares Voting Power Book Value (1) (2) (3) (4) (5) (6) (7) (in thousands) AEPINV Intersource Research & Technologies, Inc. Technology Development Common Stock 800,000 9.9 $11,500 Preferred Stock 95,000 AEPINV EnviroTech Investment Research & Fund I Technology Development Limited Partner * 9.9 2,733 AEPINV Altra Energy Internet-based Energy Convertible Technologies, Inc. Trading Preferred Stock 952,381 ** 5,000 AEPRESC LECTRIX LLC Provide Services-Power Limited Liability Quality Company *** 33.3 336 AEP Integrated Communica- Development of tions System, Inc. Demand Side Management Common Stock 80,000 8.4 - * Limited Partnership Interests ** Less than 3% *** One-third Membership Interest ITEM 6. OFFICERS AND DIRECTORS PART I as of December 31, 1999 The following are the abbreviations to be used for principal business address and positions. Principal Business Address Code 1 Riverside Plaza Columbus, OH 43215 (a) 40 Franklin Road Roanoke, VA 24022 (b) 700 Morrison Road Gahanna, OH 43230 (c) One Summit Square Fort Wayne, IN 46801 (d) One Memorial Drive Lancaster, OH 43130 (e) Dayuan Zhuan Village Pushan Town, Nanyang City People's Republic of China (f) Walker House, Mary Street P.O. Box 265GT George Town, Grand Cayman Cayman Islands (g) Les Cascades Building Edith Cavell Street Port Louis, Mauritius (h) 1105 North Market Street Wilmington, DE 19899 (i) 600 Bourke Street Melbourne, Victoria 3000 Australia (j) 29/30 St. Jame's Street,London Great Britain SW1A 1HB (k) P.O. Box B Brilliant, OH 43913 (l) 301 Cleveland Ave., SW Canton, OH 44702 (m) 225 South 15th Street Philadelphia, PA 19102 (n) Wetherby Road, Scarcroft,Leeds LS14 3HS Great Britain (o) P.O. Box 309 George Town, Grand Cayman, Cayman Islands (p) Herengracht 548, 1017 CG Amsterdam The Netherlands (q) Suite 400, Deseret Building Salt Lake City, UT 84111 (r) 1701 Central Avenue Ashland, KY 41101 (s) 301 Virginia Street East Charleston, WV 25301 (t) P.O. Box 75 Wheeling, WV 26003 (u) P.O. Box 389 New Haven, WV 25265 (v) P.O. Box 468 Piketon, Ohio 45661 (w) 1225 17th Street, Suite 500 Denver, CO 80202 (x) 474 Flinders Street Melbourne, Victoria 3000 Australia (aa) 555 San Felipe Houston TX 77056 (bb) 461 Rua Butana, 4th Fl. Rm A Sao Paulo, Sao Paulo 05424-240 Brazil (cc) Level 15, 624 Bourke Street Melbourne, 3000 Australia (dd) Position Code Director D Chairman of the Board CB Vice Chairman of the Board VCB President P Chief Executive Officer CEO Chief Operating Officer COO Executive Vice President EVP Senior Vice President SVP Vice President VP Controller C Secretary S Treasurer T General Counsel GC Chief Financial Officer CFO Chief Accounting Officer CAO Managing Director MD Board of Managers B Delegate Manager DM The officer's or director's principal business address is the same as indicated in the Company heading unless another address is provided with the individual's name. American Electric Power Company, Inc. Name and Principal Address(a) Position John P. DesBarres D 32064 Pacifica Drive Rancho Palos Verdes, CA 90275 E. Linn Draper, Jr. D,CB,P,CEO Robert M. Duncan D 1397 Haddon Road Columbus, OH 43209 Robert W. Fri D 6001 Overlea Road Bethesda, MD 20816 Lester A Hudson, Jr. D P.O. Box 8583 Greenville, SC 29604 ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) American Electric Power Company, Inc. (continued) Name and Principal Address(a) Position Leonard J. Kujawa D 225 Peachtree St.,NE Atlanta, GA 30303 Donald G. Smith D P.O. Box 13948 Roanoke, VA 24038 Linda Gillespie Stuntz D 1275 Pennsylvania Ave.,NW Washington, DC 20004 Kathryn D. Sullivan D 795 Old Oak Trace Columbus, OH 43235 Dr. Morris Tanenbaum D 74 Falmouth Street Short Hills, NJ 07078 Henry W. Fayne VP,CFO Leonard V. Assante C,CAO Armando A. Pena T Susan Tomasky S AEI (Loy Yang) Pty Ltd Name and Principal Address(j) Position Alan John Bielby D 147 Argyle Street Kowloon, Hong Kong Donald Boyd (a) D Robert Albert Littlewood D 10/F Chi Wo Commercial Bldg 20 Saigon Street Kowloon, Hong Kong Kenneth Warren Oberg D 10/F, Chi Wo Commercial Blg 20 Saigon Street Kowloon, Hong Kong Paul Robert Rainey D,S AEP Acquisition, L.L.C. Name and Principal Address(a) Position Donald M. Clements, Jr. CB,P Jeffrey D. Cross VP,S Armando A. Pena VP,T AEP Communications, Inc. Name and Principal Address(a) Position Donald M. Clements, Jr. D,P E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D,VP James J. Markowsky D Armando A. Pena D,VP,T,CFO David Mustine VP Peter R. Thomas VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Communications, LLC Name and Principal Address(a) Position Donald M. Clements, Jr. B,P Armando A. Pena B,T Peter R. Thomas B,VP Jeffrey D. Cross S AEP Delaware Investment Company Name and Principal Address(a) Position Jeffrey D. Cross D,VP,S Armando A. Pena D,P,T AEP Delaware Investment Company II Name and Principal Address(a) Position Jeffrey D. Cross D,VP,S David W. Dupert (i) D Armando A. Pena D,P,T AEP Energy Management, L.L.C. Name and Principal Address(a) Position Donald M. Clements Jr. D,CB James J. Markowsky D Armando A. Pena D,VP,T John M. Adams, Jr. VP Thomas J. Seeley VP Gregory S. Campbell C Jeffrey D. Cross S AEP Energy Services, Inc. Name and Principal Address(a) Position Paul D. Addis D,P E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D James J. Markowsky D Armando A. Pena D,VP,T,CFO Bruce H. Braine SVP Henry D. Jones SVP Steven J. Lewis SVP Eric J. van der Walde SVP Steven A. Appelt VP David A. Banks VP Thomas A. Barry VP Joseph A. Curia, Jr. VP David B. Dunn VP Douglas K. Penrod VP Glenn Riepl VP George Rooney VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Energy Services Limited Name and Principal Address(k) Position Paul D. Addis (a) D Henry D. Jones MD Jeffrey D. Cross (a) S Armando A. Pena (a) T ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) AEP Funding Limited Name and Principal Address(g) Position Jeffrey D. Cross (a) D,S David Mustine (a) VP Armando A. Pena (a) D,T AEP Generating Company Name and Principal Address(a) Position E. Linn Draper, Jr. D,P,CEO Henry W. Fayne D,VP John R. Jones D William J. Lhota D James J. Markowsky D,VP Armando A. Pena D,VP,T,CFO Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Investments, Inc. Name and Principal Address(a) Position Donald M. Clements, Jr. D,P E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D,VP James J. Markowsky D Armando A. Pena D,VP,T,CFO David Mustine SVP Jeffrey D. Cross VP,GC Dennis A. Lantzy VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Power Marketing, Inc. Name and Principal Address(a) Position Paul D. Addis D,P E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP James J. Markowsky D Armando A. Pena D,VP,T Leonard V. Assante C John F. DiLorenzo, Jr. S AEP Pushan Power, LDC Name and Principal Address(g) Position Donald M. Clements, Jr. (a) D,P Jeffrey D. Cross (a) D David Mustine (a) D Armando A. Pena (a) D,VP,T W.S. Walker & Co. S AEP Resources, Inc. Name and Principal Address(a) Position Donald M. Clements, Jr. D,P E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D Gerald P. Maloney D James J. Markowsky D Armando A. Pena D,VP,T,CFO Donald E. Boyd SVP David Mustine SVP Frederick J. Boyle VP Jeffrey D. Cross VP,GC Thomas S. Jobes VP John R. Jones VP Dennis A. Lantzy VP James H. Sweeney VP Commerence Exec. Park III 1850 Centennial Park Dr.#480 Reston, VA 20191 Christopher Wilson (k) VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Resources Australia Holdings Pty Ltd Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall (dd) D Armando A. Pena (a) D,T Simon Lucas (dd) S AEP Resources Australia Pty. Ltd. Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D,CB Jeffrey D. Cross (a) D,S David Mustine (a) D Armando A. Pena (a) D Mark A. Snape D,S 100 Walker Street North Sydney 2060 Australia AEP Resources do Brasil Ltda. Name and Principal Address(cc)Position Hercules Celescuekci DM AEP Resources CitiPower I Pty Ltd Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall (dd) D Armando A. Pena (a) D,T Simon Lucas (dd) S AEP Resources CitiPower II Pty Ltd Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall (dd) D Armando A. Pena (a) D,T Simon Lucas (dd) S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) AEP Resources Gas Holding Company Name and Principal Address(a) Position Paul D. Addis D Donald M. Clements, Jr. D,CB,P Jeffrey D. Cross D,VP,S Steven J. Lewis D Armando A. Pena D,VP,T Thomas Strauss (i) D AEP Resources International, Limited Name and Principal Address(g) Position Donald M. Clements, Jr. (a) D,P E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO David Mustine (a) SVP Jeffrey D. Cross (a) VP,GC John R. Jones (a) VP Dennis A. Lantzy (a) VP Leonard V. Assante(a) C,CAO John F. DiLorenzo, Jr. (a) S AEP Resources Investments, Inc. Name and Principal Address(a) Position Paul D. Addis D Donald M. Clements, Jr. D,CB,P Jeffrey D. Cross D,VP,S Steven J. Lewis D Armando A. Pena D,VP,T Thomas Strauss (i) D Leonard V. Assante C AEP Resources Limited Name and Principal Address(k) Position Donald M. Clements, Jr. (a) D Jeffrey D. Cross (a) D,S David Mustine (a) D Armando A. Pena (a) D,T Chris Wilson MD AEP Resources Mauritius Company Name and Principal Address(h) Position P.R. Sydney Bathfield D Donald M. Clements, Jr.(a) D,P Jeffrey D. Cross (a) D David Mustine (a) D,VP Armando A. Pena (a) D,T Ashraf Ramtoola D International Management (Mauritius) Ltd. S AEP Resources Mauritius Investment Company Name and Principal Address(h) Position P.R. Sydney Bathfield D Donald M. Clements, Jr.(a) D,P Jeffrey D. Cross (a) D David Mustine (a) D,VP Armando A. Pena (a) D,T Ashraf Ramtoola D Christiane Yeung Chin Shing D Johnny Yan Man Shing D International Management (Mauritius) Ltd. S AEP Resources Project Management Company, Ltd. Name and Principal Address(g) Position Donald M. Clements, Jr. (a) D,P Jeffrey D. Cross (a) D David Mustine (a) D,VP Armando A. Pena (a) D,T W.S. Walker & Company S AEP Resources Service Company Name and Principal Address(a) Position Donald M. Clements, Jr. D E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D James J. Markowsky D Armando A. Pena D,VP,T,CFO John F. Norris, Jr. P Donald E. Boyd SVP David Mustine SVP Jeffrey D. Cross VP,GC Dennis A. Lantzy VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S AEP Resources Ventures, Inc. Name and Principal Address(a) Position Paul D. Addis D Donald M. Clements, Jr. D,CB,P Jeffrey D. Cross D,VP,S Steven J. Lewis D Armando A. Pena D,VP,T Thomas Strauss (i) D Leonard V. Assante C AEP Resources Ventures II, Inc. Name and Principal Address(a) Position Paul D. Addis D Donald M. Clements, Jr. D,CB,P Jeffrey D. Cross D,VP,S Steven J. Lewis D Armando A. Pena D,VP,T Thomas Strauss (i) D AEP Resources Ventures III, Inc. Name and Principal Address(a) Position Paul D. Addis D Donald M. Clements, Jr. D,CB,P Jeffrey D. Cross D,VP,S Steven J. Lewis D Armando A. Pena D,VP,T Thomas Strauss (i) D ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) AEPR Global Holland Holding B.V. Name and Principal Address(q) Position AEP Resources, Inc. (a) MD AEPR Global Investments B.V. Name and Principal Address(q) Position Donald M. Clements, Jr. (a) MD Jeffrey D. Cross (a) MD David Mustine (a) MD Armando A. Pena (a) MD A. Konijn MD D.J.C. Niezing MD AEPR Global Ventures B.V. Name and Principal Address(q) Position Donald M. Clements, Jr. (a) MD Jeffrey D. Cross (a) MD David Mustine (a) MD Armando A. Pena (a) MD A. Konijn MD D.J.C. Niezing MD American Electric Power Service Corporation Name and Principal Address(a) Position Paul D. Addis D,EVP Donald M. Clements, Jr. D,EVP E. Linn Draper, Jr. D,CB,P,CEO Charles A. Ebetino,Jr.(e) D,SVP Carl A. Erikson D,SVP Henry W. Fayne D,EVP Luke M. Feck D,SVP John R. Jones D,SVP William J. Lhota D,EVP James J. Markowsky D,EVP Michael F. Moore D,SVP R. E. Munczinski D,SVP John F. Norris, Jr. D,SVP Armando A. Pena D,SVP,T,CFO Rodney B. Plimpton D,SVP Robert P. Powers D,SVP One Cook Place Bridgman, MI 49106 Peter Splawnyk (c) D,SVP Susan Tomasky D,SVP,GC Joseph H. Vipperman D,EVP Melinda S. Ackerman VP Leonard V. Assante VP,C,CAO J. C. Baker VP Bruce M. Barber VP C. R. Boyle, III VP David H. Crabtree (c) VP John F. DiLorenzo, Jr. VP,S W. N. D'Onofrio VP Dale E. Heydlauff VP Anthony P. Kavanagh VP 801 Pennsylvania Ave. Washington DC 20004 V. A. Lepore VP Hugh H. Lucas (e) VP Thomas R. McCaffrey VP J. K. McWilliams VP Richard A. Mueller VP Patrick M. O'Brien VP Bruce A. Renz (c) VP William L. Scott VP Elizabeth M. Smith VP Joseph A. Valentine VP Harry E. Vick VP T. R. Watkins (c) VP Charles D. Weaver VP Appalachian Power Company Name and Principal Address(b) Position E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO Joseph H. Vipperman (a) D,VP R. D. Carson, Jr. VP Stuart Solomon (t) VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Australian Energy International Pty Ltd Name and Principal Address(j) Position Alan John Bielby D 147 Argyle Street Kowloon, Hong Kong Donald Boyd (a) D Peter Albert Littlewood VP 10/F Chi Wo Commercial Blg. 20 Saigon Street Kowloon, Hong Kong Kenneth Warren Oberg D 10/F,Chi Wo Commercial Blg. 20 Saigon Street Kowloon, Hong Kong Paul Robert Rainey D,S Mark Snape D 100 Walker Street North Sydney 2060, Australia Australia's Energy Partnership Name and Principal Address(j) Position Armando A. Pena (a) T Blackhawk Coal Company Name and Principal Address(r) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) Cardinal Operating Company Name and Principal Address(l) Position Anthony J. Ahern D 6677 Busch Blvd. Columbus, OH 43226 J. C. Baker (a) D Richard K. Byrne D,VP 6677 Busch Blvd. Columbus, OH 43226 E. Linn Draper, Jr. (a) D,P John R. Jones (a) D,VP William J. Lhota (a) D,VP Ralph E. Luffer D,VP P.O. Box 250 Lancaster, OH 43130-0250 James J. Markowsky (a) D,VP Steven K. Nelson D,VP P.O. Box 280 Coshocton, OH 43812 Michael L. Simms D 3888 Stillwell Beckett Rd. Oxford, OH 45056 Leonard V. Assante (a) C Armando A. Pena (a) T John F. DiLorenzo, Jr.(a) S Cedar Coal Co. Name and Principal Address(b) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino, Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr. (a) S Central Appalachian Coal Company Name and Principal Address(b) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino, Jr. (e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr. (a) S Central Coal Company Name and Principal Address(b) Position E. Linn Draper, Jr.(a) D,CB,CEO Charles A. Ebetino, Jr. (e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr. (a) S Central Ohio Coal Company Name and Principal Address(m) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino, Jr. (e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr. (a) S Central Operating Company Name and Principal Address(v) Position E. Linn Draper, Jr. (a) D,P,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S CitiPower Pty Name and Principal Address(dd)Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall D Armando A. Pena (a) D,T Simon Lucas S CitiPower Trust Principal Address (j) NONE Colomet, Inc. Name and Principal Address(a) Position E. Linn Draper, Jr. D,P,CEO Henry W. Fayne D,VP William J. Lhota D,VP James J. Markowsky D,VP Armando A. Pena D,VP,T,CFO Joseph H. Vipperman VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S Columbus Southern Power Company Name and Principal Address(a) Position E. Linn Draper, Jr. D,CB,CEO Henry W. Fayne D,VP William J. Lhota D,P,COO James J. Markowsky D,VP Armando A. Pena D,VP,T,CFO Joseph H. Vipperman D,VP Marsha P. Ryan VP Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) Conesville Coal Preparation Company Name and Principal Address(a) Position E. Linn Draper, Jr. D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne D,VP William J. Lhota D James J. Markowsky D Armando A. Pena D,VP,T,CFO Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S Franklin Real Estate Company Name and Principal Address(n) Position E. Linn Draper, Jr. (a) D,P,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,VP James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO Bruce A. Renz (c) VP Joseph H. Vipperman (a) VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Indiana Franklin Realty, Inc. Name and Principal Address(d) Position E. Linn Draper, Jr. (a) D,P,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,VP James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO Bruce A. Renz (c) VP Joseph H. Vipperman (a) VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Indiana-Kentucky Electric Corporation Name and Principal Address(w) Position C. R. Boyle, III (a) D E. Linn Draper, Jr. (a) D,P Arthur R. Garfield D 76 South Main Street Akron, OH 44308 J. Gordon Hurst D 20 NW Fourth Street Evansville, IN 47741 Ronald G. Reherman D 20 NW Fourth Street Evansville, IN 47741 Peter J. Skrgic D 800 Cabin Hill Drive Greensburg, PA 15601 William E. Walters D 100 East Wayne Street South Bend, IN 46601 David L. Hart (a) VP David E. Jones VP Armando A. Pena (a) VP John D. Brodt S,T Indiana Michigan Power Company Name and Principal Address(d) Position Karl G. Boyd D E. Linn Draper, Jr. (a) D,CB,CEO Jeffrey A. Drozda D 101 W. Ohio, Suite 1320 Indianapolis IN 46204 Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO Mark W. Marano D One Cook Place Bridgman, MI 49106 James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO John R. Sampson D,VP D. B. Synowiec D 2791 N. U.S. Highway 231 Rockport, IN 47635 Joseph H. Vipperman (a) D,VP William E. Walters D 100 East Wayne Steet South Bend, IN 46601 E. H. Wittkamper D A. Christopher Bakken III VP One Cook Place Bridgman, MI 49106 Robert P. Powers VP One Cook Place Bridgman, MI 49106 Michael W. Rencheck VP One Cook Place Bridgman, MI 49106 Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Jefferson Island Storage & Hub L.L.C. Name and Principal Address(bb)Position Paul D. Addis (a) B,CB Donald M. Clements, Jr. (a) B,CB Jeffrey D. Cross (a) B,VP,S Steven J. Lewis (a) B,MD Armando A. Pena (a) B,VP,T Michael K. Tate P 8090 Highway 3128 Pineville, LA 71360 Kentucky Power Company Name and Principal Address(s) Position E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO Joseph H. Vipperman (a) D,VP T. C. Mosher VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) Kingsport Power Company Name and Principal Address(b) Position E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Joseph H. Vipperman (a) D,VP R. D. Carson VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S LIG Chemical Company Name and Principal Address(bb)Position Paul D. Addis (a) B,CB Donald M. Clements, Jr. (a) B,CB Jeffrey D. Cross (a) B,VP,S Steven J. Lewis (a) B,MD Armando A. Pena (a) B,VP,T Michael K. Tate P 8090 Highway 3128 Pineville LA 71360-8991 LIG, Inc. Name and Principal Address(bb)Position Paul D. Addis (a) D,CB Donald M. Clements, Jr. (a) D,CB Jeffrey D. Cross (a) D,VP,S Steven J. Lewis (a) D,MD Armando A. Pena (a) D,VP,T Michael K. Tate P 8090 Highway 3128 Pineville LA 71360-8991 LIG Liquids Company, L.L.C. Name and Principal Address(bb)Position Paul D. Addis (a) B,CB Donald M. Clements, Jr. (a) B,CB Jeffrey D. Cross (a) B,VP,S Steven J. Lewis (a) B,MD Armando A. Pena (a) B,VP,T Michael K. Tate P 8090 Highway 3128 Pineville LA 71360-8991 LIG Pipeline Company Name and Principal Address(bb)Position Paul D. Addis (a) D,CB Donald M. Clements, Jr.(a) D,CB Jeffrey D. Cross (a) D,VP,S Steven J. Lewis (a) D,MD Armando A. Pena (a) D,VP,T Michael K. Tate P 8090 Highway 3128 Pineville LA 71360-8991 Louisiana Intrastate Gas Company, L.L.C. Name and Principal Address(bb)Position Paul D. Addis (a) B,CB Donald M. Clements, Jr. (a) B,CB Jeffrey D. Cross (a) B,VP,S Steven J. Lewis (a) B,MD Armando A. Pena (a) B,VP,T Michael K. Tate P 8090 Highway 3128 Pineville LA 71360-8991 Marregon Pty Limited Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall (dd) D Armando A. Pena (a) D,T Simon Lucas (dd) S Marregon (No. 2) Pty Limited Name and Principal Address(j) Position Donald E. Boyd (a) D Donald M. Clements, Jr.(a) D Jeffrey D. Cross (a) D,S William J. Lhota (a) D John Marshall (dd) D Armando A. Pena (a) D,T Simon Lucas (dd) S Nanyang General Light Electric Co., Ltd. Name and Principal Address(f) Position Donald E. Boyd (a) D Donald M. Clements,Jr.(a) D,CB Jeffrey D. Cross (a) D,S Bernard Hu D 2648 Durfee Ave., #B El Monte, CA 91732 Dennis A. Lantzy (a) D David Mustine (a) D Armando A. Pena (a) D Lu Ming Tao D Xu Xinglong D,VCB Hao Zhengshan D Ohio Power Company Name and Principal Address(m) Position E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO James J. Markowsky (a) D,VP Armando A. Pena (a) D,VP,T,CFO Joseph H. Vipperman (a) D,VP Marsha P. Ryan (a) VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) Ohio Valley Electric Corporation Name and Principal Address(w) Position H. Peter Burg D 76 South Main Street Akron, OH 44308 E. Linn Draper, Jr. (a) D,P Donald R. Feenstra D 800 Cabin Hill Drive Greensburg, PA 15601 Arthur R. Garfield D 76 South Main Street Akron, OH 44308 Chris Hermann D 220 West Main Street Louisville, KY 40202 Allen M. Hill D 1065 Woodman Drive Dayton, OH 45432 John R. Jones (a) D William J. Lhota (a) D Wayne T. Lucas D 220 West Main Street Louisville, KY 40202 James J. Markowsky (a) D Alan J. Noia D 10435 Downsville Pike Hagerstown, MD 21740 Guy L. Pipitone D 76 South Main Street Akron, OH 44308 J. H. Randolph D 139 East Fourth Street Cincinnati, OH 45202 Ronald G. Reherman D 20 NW Fourth Street Evansville, IN 47741 Peter J. Skrgic D 800 Cabin Hill Drive Greensburg, PA 15601 David L. Hart (a) VP David E. Jones VP Armando A. Pena (a) VP John D. Brodt S,T Pacific Hydro Limited Name and Principal Address(aa)Position Donald E. Boyd (a) D Kingsley G. Culley D,CB Peter L. Downie D Michael C. Fitzpatrick D Jeffrey Harding D John L. C. McInnes D Mark A. Snape D 100 Walker Street #5 North Sydney 2060 Australia Philip van der Riet D Peter F. Westaway D Matthew G. C. Williams D Anthony G. Evans S Price River Coal Company, Inc. Name and Principal Address(d) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Simco Inc. Name and Principal Address(a) Position E. Linn Draper, Jr. D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne D,VP William J. Lhota D James J. Markowsky D Armando A. Pena D,VP,T,CFO Leonard V. Assante C,CAO John F. DiLorenzo, Jr. S Southern Appalachian Coal Company Name and Principal Address(b) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Southern Ohio Coal Company Name and Principal Address(m) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Lance G. Sogan VP P.O. BOX 490 Athens, OH 45701 Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Tuscaloosa Pipeline Company Name and Principal Address(bb)Position Paul D. Addis (a) B,CB Donald M. Clements, Jr. (a) B,CB Jeffrey D. Cross (a) B,VP,S Steven J. Lewis (a) B,MD Armando A. Pena (a) B,VP,T Michael K. Tate P 8090 Highway 3128 Pineville, LA 71360-8991 West Virginia Power Company Name and Principal Address(t) Position E. Linn Draper, Jr. (a) D,P,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S ITEM 6. OFFICERS AND DIRECTORS PART I (Continued) Wheeling Power Company Name and Principal Address(u) Position E. Linn Draper, Jr. (a) D,CB,CEO Henry W. Fayne (a) D,VP William J. Lhota (a) D,P,COO James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Joseph H. Vipperman (a) D,VP Stuart Soloman (t) VP Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Windsor Coal Company Name and Principal Address(m) Position E. Linn Draper, Jr. (a) D,CB,CEO Charles A. Ebetino,Jr.(e) D,P,COO Henry W. Fayne (a) D,VP William J. Lhota (a) D James J. Markowsky (a) D Armando A. Pena (a) D,VP,T,CFO Leonard V. Assante (a) C,CAO John F. DiLorenzo, Jr.(a) S Yorkshire Cayman Holding Limited Name and Principal Address(p) Position Stephen T. Haynes (a) D Brian P. Jackson (x) D Yorkshire Electricity Group plc Name and Principal Address(o) Position Paul R. Bonavia (x) D Wayne H. Brunetti (x) D,VCB Donald M. Clements,Jr.(a) D E. Linn Draper, Jr. (a) D,CB Graham J. Hall D,CEO Richard C. Kelly (x) D Armando A. Pena (a) D Roger Dickinson S Yorkshire Holdings plc Name and Principal Address(o) Position Paul R. Bonavia (x) D Wayne H. Brunetti (x) D,VCB Donald M. Clements,Jr.(a) D E. Linn Draper, Jr. (a) D,CB Richard C. Kelly (x) D Armando A. Pena (a) D Jeffrey D. Cross (a) S Yorkshire Power Finance Limited Name and Principal Address(p) Position Roger Dickinson (o) D Andrew G. Donnelly (o) D Graham J. Hall (o) D Linda Martin S Yorkshire Power Group Limited Name and Principal Address(o)Position Paul R. Bonavia (x) D Wayne H. Brunetti (x) D,VCB Donald M. Clements,Jr.(a) D E. Linn Draper,Jr. (a) D,CB Richard C. Kelly (x) D Armando A. Pena (a) D,CFO Jeffrey D. Cross (a) S ITEM 6. (CONTINUED) Part II. Each officer and director with a financial connection within the provisions of Section 17(c) of the Act are as follows: Position Name and Location Held in Applicable Name of Officer of Financial Financial Exemption or Director Institution Institution Rule (1) (2) (3) (4) Robert M. Duncan First Federal Savings of Newark Newark, Ohio Director 70(a) L.A. Hudson, Jr. American National Bankshares, Inc. Danville, Virginia Director 70(a) American National Bank & Trust Co. Danville, Virginia Director 70(a) W.J. Lhota Huntington Bancshares, Inc. Columbus, Ohio Director 70(c),(f) M.P. Ryan Firstar Columbus, Ohio Advisory Board 70(f) Donald G. Smith First Union National Bank of Virginia Roanoke, Virginia Director 70(a)
ITEM 6. (continued) Part III. The disclosures made in the System companies' most recent proxy statement and annual report on Form 10-K with respect to items (a) through (f) follow:
(a) COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS Executive Compensation The following table shows for 1999, 1998 and 1997 the compensation earned by the chief executive officer and the four other most highly compensated executive officers (as defined by regulations of the Securities and Exchange Commission) of AEP and the other AEP System companies at December 31, 1999. Summary Compensation Table Long-Term Annual Compensation Compensation All Other Salary Bonus Payouts Compensation Name Year ($) ($)(1) LTIP Payouts($)(1) ($)(2) E. Linn Draper, Jr. 1999 820,000 208,280 -0- 103,218 1998 780,000 194,376 345,906 104,941 1997 720,000 327,744 951,132 31,620 William J. Lhota 1999 400,000 71,120 -0- 55,690 1998 380,000 82,859 134,266 56,493 1997 355,000 141,396 364,436 20,570 Donald M. Clements, Jr. (3) 1999 375,000 66,675 -0- 38,484 1998 350,000 76,317 60,047 39,040 James J. Markowsky (4) 1999 370,000 65,786 -0- 51,047 1998 350,000 76,317 127,115 51,859 1997 325,000 129,477 338,382 18,020 Joseph H. Vipperman (3) 1999 330,000 58,674 -0- 63,006 1998 310,000 67,595 82,859 58,435 Henry W. Fayne (3) 1999 315,000 56,007 -0- 34,885 1998 290,000 63,234 61,555 34,124 Notes to Summary Compensation Table (1) Amounts in the "Bonus" column reflect payments under the Senior Officer Annual Incentive Compensation Plan. Payments are made in March of the succeeding fiscal year for performance in the year indicated. Amounts for 1999 are estimates but should not change significantly. Amounts in the "Long-Term Compensation" column reflect performance share unit targets earned under the Performance Share Incentive Plan for the three-year performance periods. (2) Amounts in the "All Other Compensation" column include (i) AEP's matching contributions under the AEP Employees Savings Plan and the AEP Supplemental Savings Plan, a non-qualified plan designed to supplement the AEP Savings Plan, and (ii) subsidiary companies director fees. For 1998 and 1999, the amounts also include split-dollar insurance. Split-dollar insurance represents the present value of the interest projected to accrue for the employee's benefit on the current year's insurance premium paid by AEP. Cumulative net life insurance premiums paid are recovered by AEP at the later of retirement or 15 years. Detail of the 1999 amounts in the "All Other Compensation" column is shown below. Item Dr. Draper Mr. Lhota Mr. Clements Dr. Markowsky Mr. Vipperman Mr. Fayne Savings Plan Matching Contributions $ 3,462 $ 4,800 $ 3,359 $ 3,381 $ 3,762 $ 4,800 Supplemental Savings Plan Matching Contributions 21,138 7,200 7,891 7,719 6,138 4,650 Split-Dollar Insurance 68,638 33,710 27,134 29,967 47,106 17,105 Subsidiaries Directors Fee 9,980 9,980 100 9,980 6,000 8,330 Total All Other Compensation $103,218 $55,690 $38,484 $51,047 $63,006 $34,885 (3) No 1997 compensation information is reported for Messrs. Clements, Vipperman and Fayne because they were not executive officers in that year. Mr. Clements is an executive officer of AEP but is not an executive officer of AEP's operating electric utility subsidiaries. (4) Dr. Markowsky resigned effective February 1, 2000.
Compensation of Directors Annual Retainers and Meeting Fees. Directors who are officers of AEP or employees of any of its subsidiaries do not receive any compensation, other than their regular salaries and the accident insurance coverage described below, for attending meetings of AEP's Board of Directors. The other members of the Board receive an annual retainer of $23,000 for their services, an additional annual retainer of $3,000 for each Committee that they chair, a fee of $1,000 for each meeting of the Board and of any Committee that they attend (except a meeting of the Executive Committee held on the same day as a Board meeting), and a fee of $1,000 per day for any inspection trip or conference. Deferred Compensation and Stock Plan. The Deferred Compensation and Stock Plan for Non-Employee Directors permits non-employee directors to choose to receive up to 100 percent of their annual Board retainer in shares of AEP Common Stock and/or units that are equivalent in value to shares of Common Stock ("Stock Units"), deferring receipt by the non-employee director until termination of service or for a period that results in payment commencing not later than five years thereafter. AEP Common Stock is distributed and/or Stock Units are credited to directors, as the case may be, when the retainer is payable, and are based on the closing price of the Common Stock on the payment date. Amounts equivalent to cash dividends on the Stock Units accrue as additional Stock Units. Payment of Stock Units to a director from deferrals of the retainer and dividend credits is made in cash or AEP Common Stock, or a combination of both, as elected by the director. Stock Unit Accumulation Plan. The Stock Unit Accumulation Plan for Non-Employee Directors awards 300 Stock Units to each non- employee director as of the first day of the month in which the non-employee director becomes a member of the Board, and annually thereafter, up to a maximum of 3,000 Stock Units for each non-employee director. Amounts equivalent to cash dividends on the Stock Units accrue as additional Stock Units. Stock Units credited to a non-employee director's account as a result of the annual awards and dividend credits are forfeitable on a pro rata basis for each full month that service as a director is less than 60 months. Stock Units are paid to the director in cash upon termination of service unless the director has elected to defer payment for a period that results in payment commencing not later than five years thereafter. Insurance. AEP maintains a group 24-hour accident insurance policy to provide a $1,000,000 accidental death benefit for each director (three-year premium was $15,750). The current policy will expire on September 1, 2000, and AEP expects to renew the coverage. In addition, AEP pays each director (excluding officers of AEP or employees of any of its subsidiaries) an amount to provide for the federal and state income taxes incurred in connection with the maintenance of this coverage (approximately $390 for 1999). Directors of APCo, I&M and OPCo receive a fee of $100 for each meeting of the Board of Directors attended in addition to their salaries. (b) OWNERSHIP OF SECURITIES
The following table sets forth the beneficial ownership of AEP Common Stock and stock-based units as of January 1, 2000 for all directors as of the date of this proxy statement, all nominees to the Board of Directors, each of the persons named in the Summary Compensation Table and all directors and executive officers as a group. Unless otherwise noted, each person had sole voting and investment power over the number of shares of Common Stock and stock-based units of AEP set forth across from his or her name. Fractions of shares and units have been rounded to the nearest whole number. STOCK NAME DIRECTOR OF SHARES UNITS(a) TOTAL K.G. Boyd I&M 1,897 (c) 287 2,184 E. R. Brooks -0- (b) -0- -0- D. M. Carlton -0- (b) -0- -0- D. M. Clements, Jr. 1,424 (c) 13,741 15,165 J. P. DesBarres AEP 5,000 (d) 998 5,998 E. L. Draper, Jr. AEP, APCo, I&M, OPCo 8,670 (c)(d) 89,257 97,927 J. A. Drozda I&M 149 (c)(d)(e) -0- 149 R. M. Duncan AEP 2,304 3,554 5,858 H. W. Fayne APCo, I&M, OPCo 5,091 (c) 10,424 15,515 R. W. Fri AEP 1,000 1,681 2,681 W. R. Howell -0- (b) -0- -0- L. A. Hudson, Jr. AEP 1,853 (e) 3,554 5,407 L. J. Kujawa AEP 1,300 2,623 3,923 W. J. Lhota APCo, I&M, OPCo 17,364 (c)(d)(f) 15,174 32,538 M. A. Marano I&M 159 (c) 133 292 J. J. Markowsky APCo, I&M, OPCo 2,871 (c)(e) 13,923 16,794 A. A. Pena APCo, I&M, OPCo 5,307 (c) 5,239 10,546 J. L. Powell -0- (b) -0- -0- J. R. Sampson I&M 230 (c) 315 545 R. L. Sandor -0- (b) -0- -0- T. V. Shockley -0- (b) -0- -0- D. G. Smith AEP 2,500 2,051 4,551 L. G. Stuntz AEP 1,500 (d) 3,239 4,739 K. D. Sullivan AEP -0- 1,889 1,889 D. B. Synowiec I&M 171 (c) 395 566 M. Tanenbaum AEP 1,607 3,508 5,115 J. H. Vipperman APCo, I&M, OPCo 11,569 (c)(d)(f) 4,549 16,118 W. E. Walters I&M 6,762 (c) 312 7,074 E. H. Wittkamper I&M 3,561 (c)(d) 315 3,876 All directors & executive officers of AEP as a group (22 persons) 154,134 (f)(g) 173,799 327,933 All directors & executive officers of APCo as a group (6 persons) 136,103 (f)(g) 138,566 274,669 All directors & executive officers of I&M as a group (13 persons) 149,032 (f)(g) 140,323 289,355 All directors & executive officers of OPCo as a group (6 persons) 136,103 (f)(g) 138,566 274,669 Notes on Stock Ownership (a) This column includes amounts deferred in stock units and held under AEP's various director and officer benefit plans. Certain of these stock units are subject to forfeiture based on service as a director or length of employment. (b) These nominees, as directors and/or officers of CSW, hold shares of CSW Common Stock which, upon the merger with AEP, will be exchanged for 0.60 of a share of AEP Common Stock for each share of CSW Common Stock owned by them. (c) Includes the following numbers of share equivalents held in the AEP Employees Savings Plan over which such persons have sole voting power, but the investment/disposition power is subject to the terms of the Savings Plan: AEP EMPLOYEES SAVINGS PLAN NAME (Share Equivalents) Mr. Boyd 1,897 Mr. Clements 1,424 Dr. Draper 3,449 Mr. Drozda 127 Mr. Fayne 4,543 Mr. Lhota 15,184 Mr. Marano 159 Dr. Markowsky 2,814 Mr. Pena 3,792 Mr. Sampson 230 Mr. Synowiec 171 Mr. Vipperman 10,790 Mr. Walters 6,762 Mr. Wittkamper 2,025 All executive officers of AEP as a group 38,449 All executive officers of APCo as a group 41,656 All directors and executive officers of I&M as a group 53,027 All executive officers of OPCo as a group 41,656 (d)Includes the following numbers of shares held in joint tenancy with a family member: Mr. DesBarres, 5,000; Dr. Draper, 5,221; Mr. Drozda, 16; Mr. Lhota, 2,180; Ms. Stuntz, 300; Mr. Vipperman, 71; Mr. Wittkamper, 1,536; and an AEP executive officer, 2,055. (e)Includes the following numbers of shares held by family members over which beneficial ownership is disclaimed: Mr. Drozda, 6; Dr. Hudson, 750; Dr. Markowsky, 21; and an AEP executive officer, 2,560. (f)Does not include, for Messrs. Lhota and Vipperman, 85,231 shares in the American Electric Power System Educational Trust Fund over which Messrs. Lhota and Vipperman share voting and investment power as trustees (they disclaim beneficial ownership). The amount of shares shown for all directors and executive officers as a group includes these shares. (g)Represents less than 1% of the total number of shares outstanding. (c) CONTRACTS AND TRANSACTIONS WITH SYSTEM COMPANIES None (d) INDEBTEDNESS TO SYSTEM COMPANIES None (e) PARTICIPATION IN BONUS AND PROFIT SHARING ARRANGEMENTS AND OTHER BENEFITS Long-Term Incentive Plans Awards In 1999 Each of the awards set forth below establishes performance share unit targets, which represent units equivalent to shares of AEP Common Stock, pursuant to AEP's Performance Share Incentive Plan. Since it is not possible to predict future dividends and the price of AEP Common Stock, credits of performance share units in amounts equal to the dividends that would have been paid if the performance share unit targets were established in the form of shares of Common Stock are not included in the table. The AEP 2000 Long-Term Incentive Plan being presented for shareholder approval at the annual meeting is intended to replace the Performance Share Incentive Plan. The ability to earn performance share unit targets is tied to achieving specified levels of total shareholder return ("TSR") relative to the S&P Electric Utility Index. Notwithstanding AEP's TSR ranking, no performance share unit targets are earned unless AEP shareholders realize a positive TSR over the relevant three-year performance period. The Human Resources Committee may, at its discretion, reduce the number of performance share unit targets otherwise earned. In accordance with the performance goals established for the periods set forth below, the threshold, target and maximum awards are equal to 25%, 100% and 200%, respectively, of the performance share unit targets. No payment will be made for performance below the threshold. Payments of earned awards are deferred in the form of restricted stock units (equivalent to shares of AEP Common Stock) until the officer has met the equivalent stock ownership target. Once officers meet and maintain their respective targets, they may elect either to continue to defer or to receive further earned awards in cash and/or AEP Common Stock.
Estimated Future Payouts of Performance Performance Share Units Under Number of Period Until Non-Stock Price-Based Plan Performance Maturation Threshold Target Maximum Name Share Units or Payout (#) (#) (#) E. L. Draper, Jr. 8,728 1999-2001 2,182 8,728 17,456 W. J. Lhota 2,980 1999-2001 745 2,980 5,960 D. M. Clements, Jr. 2,794 1999-2001 698 2,794 5,588 J. J. Markowsky 2,794 1999-2001 698 2,794 5,588 J. H. Vipperman 2,459 1999-2001 615 2,459 4,918 H. W. Fayne 2,347 1999-2001 587 2,347 4,694
Retirement Benefits The American Electric Power System Retirement Plan provides pensions for all employees of AEP System companies (except for employees covered by certain collective bargaining agreements), including the executive officers of AEP. The Retirement Plan is a noncontributory defined benefit plan. The following table shows the approximate annual annuities under the Retirement Plan that would be payable to employees in certain higher salary classifications, assuming retirement at age 65 after various periods of service. Pension Plan Table Highest Average Years of Accredited Service Annual Earnings 15 20 25 30 35 40 $ 300,000 $ 69,345 $ 92,460 $115,575 $138,690 $161,805 $181,755 400,000 93,345 124,460 155,575 186,690 217,805 244,405 500,000 117,345 156,460 195,575 234,690 273,805 307,055 700,000 165,345 220,460 275,575 330,690 385,805 432,355 900,000 213,345 284,460 355,575 426,690 497,805 557,655 1,200,000 285,345 380,460 475,575 570,690 665,805 745,605
The amounts shown in the table are the straight life annuities payable under the Retirement Plan without reduction for the joint and survivor annuity. Retirement benefits listed in the table are not subject to any deduction for Social Security or other offset amounts. The retirement annuity is reduced 3% per year in the case of retirement between ages 55 and 62. If an employee retires after age 62, there is no reduction in the retirement annuity. AEP maintains a supplemental retirement plan which provides for the payment of benefits that are not payable under the Retirement Plan due primarily to limitations imposed by Federal tax law on benefits paid by qualified plans. The table includes supplemental retirement benefits. Compensation upon which retirement benefits are based, for the executive officers named in the Summary Compensation Table above, consists of the average of the 36 consecutive months of the officer's highest aggregate salary and Senior Officer Annual Incentive Compensation Plan (and predecessor Management Incentive Compensation Plan) awards, shown in the "Salary" and "Bonus" columns, respectively, of the Summary Compensation Table, out of the officer's most recent 10 years of service. As of December 31, 1999, the number of full years of service applicable for retirement benefit calculation purposes for such officers were as follows: Dr. Draper, seven years; Mr. Fayne, 24 years; Mr. Lhota, 34 years; Mr. Clements, five years; Dr. Markowsky, 28 years; and Mr. Vipperman, 37 years. Dr. Draper and Mr. Clements have agreements with AEP and AEP Service Corporation which provide them with supplemental retirement annuities that credit Dr. Draper with 24 years of service and Mr. Clements with 15 years of service in addition to their years of service with AEP. Their supplemental retirement benefits are reduced by their actual pension entitlement under the Retirement Plan and any pension entitlement from the Gulf States Utilities Company Trusteed Retirement Plan, a plan sponsored by their prior employer. Eight AEP System employees (including Messrs. Fayne, Lhota and Vipperman and Dr. Markowsky) whose pensions may be adversely affected by amendments to the Retirement Plan made as a result of the Tax Reform Act of 1986 are eligible for certain supplemental retirement benefits. Such payments, if any, will be equal to any reduction occurring because of such amendments. Assuming retirement in 2000 of the executive officers named in the Summary Compensation Table (including Dr. Markowsky who resigned effective February 1, 2000), none of them would receive any supplemental benefits. AEP made available a voluntary deferred-compensation program in 1982 and 1986, which permitted certain members of AEP System management to defer receipt of a portion of their salaries. Under this program, a participant was able to defer up to 10% or 15% annually (depending on the terms of the program offered), over a four-year period, of his or her salary, and receive supplemental retirement or survivor benefit payments over a 15-year period. The amount of supplemental retirement payments received is dependent upon the amount deferred, age at the time the deferral election was made, and number of years until the participant retires. The following table sets forth, for the executive officers named in the Summary Compensation Table, the amounts of annual deferrals and, assuming retirement at age 65, annual supplemental retirement payments under the 1982 and 1986 programs.
1982 Program 1986 Program Annual Amount of Annual Amount of Annual Supplemental Annual Supplemental Amount Retirement Amount Retirement Deferred Payment Deferred Payment Name (4-Year Period) (15-Year Period) (4-Year Period) (15-Year Period) J. H. Vipperman $11,000 $90,750 $10,000 $67,500 H. W. Fayne -0- -0- 9,000 95,400
Severance Plan In connection with the proposed merger with Central and South West Corporation, AEP's Board of Directors adopted a severance plan on February 24, 1999, effective March 1, 1999, that includes Dr. Markowsky and Messrs. Lhota, Clements, Vipperman and Fayne. The severance plan provides for payments and other benefits if, at any time before the second anniversary of the merger consummation date (or, if the merger has not occurred, before the expiration of the severance plan which will occur upon the termination of the merger agreement), the officer's employment is terminated (i) by AEP without "cause" or (ii) by the officer because of a detrimental change in responsibilities or a reduction in salary or benefits. Under the severance plan, the officer will receive: . A lump sum payment equal to three times the officer's annual base salary plus target annual incentive under the Senior Officer Annual Incentive Compensation Plan. . Maintenance for a period of three additional years of all medical and dental insurance benefits substantially similar to those benefits to which the officer was entitled immediately prior to termination, reduced to the extent comparable benefits are otherwise received. . Outplacement services not to exceed a cost of $30,000 or use of an office and secretarial services for up to one year. AEP's obligation for the payments and benefits under the severance plan is subject to the waiver by the officer of any other severance benefits that may be provided by AEP. In addition, the officer agrees to refrain from the disclosure of confidential information relating to AEP. Dr. Markowsky resigned effective February 1, 2000 and has received a lump sum payment in accordance with the terms of the severance plan. Change-In-Control Agreements AEP has change-in-control agreements with Dr. Draper and Messrs. Lhota, Clements, Vipperman and Fayne. If there is a "change-in- control" of AEP and the employee's employment is terminated by AEP or by the employee for reasons substantially similar to those in the severance plan, these agreements provide for substantially the same payments and benefits as the severance plan with the following additions: . Three years of service credited for purposes of determining non-qualified retirement benefits. . Transfer to the employee of title to AEP's automobile then assigned to the employee. . Payment, if required, to make the employee whole for any excise tax imposed by Section 4999 of the Internal Revenue Code. "Change-in-control" means: . The acquisition by any person of the beneficial ownership of securities representing 25% or more of AEP's voting stock. . A change in the composition of a majority of the Board of Directors under certain circumstances within any two-year period. . Approval by the shareholders of the liquidation of AEP, disposition of all or substantially all of the assets of AEP or, under certain circumstances, a merger of AEP with another corporation. (f) RIGHTS TO INDEMNITY The directors and officers of AEP and its subsidiaries are insured, subject to certain exclusions, against losses resulting from any claim or claims made against them while acting in their capacities as directors and officers. The American Electric Power System companies are also insured, subject to certain exclusions and deductibles, to the extent that they have indemnified their directors and officers for any such losses. Such insurance is provided by Associated Electric & Gas Insurance Services, Energy Insurance Mutual, CNA, Great American Insurance Company, Zurich American Insurance company, Zurich UK, and The Federal Insurance Company, effective January 1, 2000 through December 31, 2000, and pays up to an aggregate amount of $250,000,000 on any one claim and in any one policy year. The total annual cost for the seven policies is $1,027,689. Fiduciary liability insurance provides coverage for AEP System companies, their directors and officers, and any employee deemed to be a fiduciary or trustee, for breach of fiduciary responsibility, obligation, or duties as imposed under the Employee Retirement Income Security Act of 1974. This coverage, provided by The Federal Insurance Company, Zurich Insurance Company and Executive Risk Indemnity, Inc., was renewed, effective July 1, 1997 through June 30, 2000, for a premium of $402,658. It provides $100,000,000 of aggregate coverage with a $500,000 deductible for each loss. ITEM 7. CONTRIBUTIONS AND PUBLIC RELATIONS Expenditures, disbursements or payments during the year, in money, goods or services directly or indirectly to or for the account of: (1) Any political party, candidate for public office or holder of such office, or any committee or agent thereof. - NONE (2) Any citizens group or public relations counsel. Calendar Year 1999 Accounts Charged, Name of Company and Name if any, or Number of Recipients Per Books of or Beneficiaries Purpose Disbursing Company Amounts (in thousands) APCo Coalition for Energy and Economic Revitalization A 426 Other Income Deductions $36 I&M Indiana Lobby Registration Committee B " " " 1 A = Defray Expenses B = Registration Fees ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
Part I. Contracts for services, including engineering or construction services, or goods supplied or sold between System companies are as follows: Calendar Year 1999 Company Company In Effect Nature of Performing Receiving Date of On Dec. 31st Transactions Service Service Compensation Contract (Yes or No) (1) (2) (3) (4) (5) (6) (in thousands) Machine Shop Services APCo System Operating Companies $ 11,037 1/01/79 Yes Racine Hydro Service APCo OPCo 88 6/01/78 Yes Coal Terminal Services APCo OPCo 11 9/15/80 Yes Simulator Training Services APCo System Operating Companies 999 12/12/87 Yes Communications Services AEPCLLC APCo 828 3/04/98 Yes Communications Services AEPCLLC KPCo 16 11/18/97 Yes Communications Services AEPCLLC I&M 39 10/14/98 Yes Communications Services AEPCLLC OPCo 411 2/12/98 Yes Communications Services AEPCLLC CSPCo 278 2/12/98 Yes Project & Administrative Svc. APCo AEPCLLC 2,916 3/04/98 Yes Project & Administrative Svc. KPCo AEPCLLC 119 11/18/97 Yes Project & Administrative Svc. I&M AEPCLLC 1,010 10/14/98 Yes Project & Administrative Svc. OPCo AEPCLLC 819 2/12/98 Yes Project & Administrative Svc. CSPCo AEPCLLC 466 2/12/98 Yes Project & Administrative Svc. WPCo AEPCLLC 2 1/27/98 Yes Barging Transportation I&M System Operating Companies 28,100 5/01/86 Yes Railroad Car Maintenance OPCo System Operating Companies 1,788 4/01/82 Yes Rail Car Usage I&M System Operating Companies 3,912 4/01/82 Yes Rail Car Usage APCo System Operating Companies 191 4/01/82 Yes Rail Car Usage OPCo System Operating Companies 2,150 4/01/82 Yes Coal Mine Shutdown Costs BHCCo I&M (298) 10/21/85 Yes Coal Mine Shutdown Costs CeCCo APCo (2,744) 12/01/76 Yes Coal Mine Shutdown Costs CACCo APCo (1) 9/14/48 Yes Coal Washing CCPC CSPCo 10,455 1/01/87 Yes Coal COCCo OPCo 61,900 4/01/83 Yes Coal Mine Shutdown Costs SACCo APCo (1) 3/01/78 Yes Coal SOCCo OPCo 230,383 2/01/74 Yes Coal Mine Shutdown Costs SOCCo OPCo 928 10/01/72 Yes Coal WCCo OPCo 105,019 1/01/83 Yes Coal Transportation Simco CCPC 290 5/01/91 Yes Transactions between AEP System companies pursuant to the Affiliated Transactions Agreement dated December 31, 1996 are reported in Exhibit F of this U5S. ________________________ Part II. Contracts to purchase services or goods between any System company and (1) any affiliate company (other than a System company) or (2) any other company in which any officer or director of the System company, receiving service under the contract, is a partner or owns 5 percent or more of any class of equity securities. - NONE. Part III. Employment of any other person, by any System company, for the performance on a continuing basis, of management, supervisory or financial advisory services. - NONE.
ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES Part I. (a) Nanyang General Light Electric Co., Ltd. (NGLE) was formed as a 70% owned subsidiary by AEP Resources, Inc. (AEPR) through its AEP Resources International, Ltd. and AEP Resources Project Management Company, Ltd. subsidiaries who own AEP Pushan Power, LDC, (Pushan) NGLE's 70% parent on November 14, 1996. NGLE is domiciled in the People's Republic of China and its business address is Dayuan Zhaun Village, Pushan Town, Nanyang City, People's Republic of China. At December 31, 1999, the Company had invested $112.0 million in the construction of a two unit generating facility. The total cost of the facility was $185 million. In April 1997 AEPR and New Century Energies, Inc. through an equally owned joint venture, Yorkshire Power Group Limited (YPG), acquired all of the outstanding shares of Yorkshire Electricity Group plc, (Yorkshire) an electric distribution company in the United Kingdom. The business address of Yorkshire is Wetherby Road, Scarcroft, Leeds LS14 3HS, Great Britain. Yorkshire is one of twelve regional electricity companies in England and Wales licensed to distribute and supply electricity. Yorkshire's two principal businesses are the "distribution business" and the "supply business". Yorkshire's distribution business consists of the distribution of electricity to approximately two million residential, commercial and industrial customers in its franchise area. Yorkshire's supply business consists of the purchase and supply of electricity primarily to customers within the franchise area. Yorkshire owns, manages and operates the electricity distribution network within the franchise area. The primary activity of the distribution business is the receipt of electricity from the national grid transmission system and its distribution to end users connected to Yorkshire's distribution network. Since the distribution business is substantially a regulated monopoly, virtually all electricity supplied (whether by Yorkshire's supply business or by any other suppliers) to consumers within the franchise area is transported through Yorkshire's distribution network. Yorkshire also conducts ancillary business activities apart from the distribution and supply businesses that are not subject to price regulation, such as owning an interest in an off-shore gas field and supplying gas in the competitive market. AEPR's 50% interest is recorded using the equity method of accounting. In March 1998, AEPR, through AEP Resources Australia Pty., Ltd.(AEPRA), a special purpose subsidiary of AEPR, acquired a 20% interest in Pacific Hydro Limited (Pacific Hydro) for $10,000,000. The business address of Pacific Hydro Limited is Level 8, 474 Flinders Street, Melbourne, Victoria, 3000 Australia. Pacific Hydro is principally engaged in the development and operation of, and ownership of interests in, hydroelectric facilities in the Asia Pacific region. AEPRA's 20% interest is accounted for by the equity method of accounting. Currently, Pacific Hydro has interests in six hydroelectric units that operate or are under construction in Australia, New Zealand and the Philippines. The hydroelectric facilities in which Pacific Hydro had interests as of December 31, 1999 (including those under construction) had total design capacity of approximately 163 megawatts. In December 1998, AEPR, through wholly-owned subsidiaries, acquired CitiPower Pty. (CitiPower), an electric distribution and retail sales company in Victoria, Australia, for $1,100,000,000. The business address of CitiPower Pty., is 600 Bourke Street, Melbourne, Victoria, 3000 Australia. CitiPower serves approximately 250,000 customers in the city of Melbourne. With about 3,100 miles of distribution lines in a service area that covers approximately 100 square miles, CitiPower distributes about 4,800 gigawatt-hours annually. In December 1999, AEPR, through AEP Holdings I C.V., invested $5 million in AEP Energy Services Limited (AEPES UK). AEPES UK was established in 1999 to develop electricity and gas trading activities in the UK and Continental Europe. The company commenced trading in January 2000, and is currently active in Electricity Future Agreement (EFA's), gas swaps and gas futures. To date, all transactions have been of a financial nature. The company is currently seeking a shippers license to trade gas physically in the UK, and subsequently will seek the authorization to trade physical gas and electricity in Europe. The business address of AEPES UK is 29/30 St. James's Street, London SW1A 1HB, Great Britain. In December 1999, AEPR, through its indirect subsidiary AEP Holdings II C.V., contributed $47,000,000 to acquire a 50% interest in InterGen Denmark, Aps (InterGen) in order to participate in the Bajio power project in Mexico. The Bajio project is a 600 megawatt natural gas-fired, combined cycle plant and related assets located approximately 160 miles from Mexico City. Bechtel Power Corporation, an affiliate of Resources' partner in InterGen, will build the facility, which is estimated to cost $430,000,000. Approximately 80% of the project costs will be provided by third party debt, some of which will be supported by letters of credit issued on behalf of AEPR. The facility will be operated and managed by one or more companies jointly owned by AEPR and InterGen. The business address for InterGen is Torre Chapultepec, Piso 13, Ruben Dario 281, Col. Bosques de Chapultepec, Meciao, D.F. 11520. Bajio has a 25-year contract to sell 495 megawatts of the plant's output to Mexico's federally owned electric system; the remainder is expected to be sold to industrial customers in the region. Construction is expected to be completed in the fall of 2001. (b) NGLE has registered capital. Pushan owns 70% of the registered capital and 30% is owned by two unaffiliated companies. Pushan contributed $40,286,000 for its 70% interest through the end of 1999. AEP Resources Delaware, Inc.,another AEPR subsidiary, had loaned $71,708,000 to NGLE at December 31, 1999. AEPR had contributed $362,614,000 to YPG for its 50% interest in Yorkshire through December 31, 1999. AEPR had contributed $16,991,000 to AEPRA for its 20% interest in Pacific Hydro. AEPR had contributed $341,444,000 to AEP Resources Holding Pty., Ltd For its interest in CitiPower. AEPR, through AEP Holdings I C.V., had contributed $5,000,000 to AEPES-UK for its 100% interest in AEPES-UK. AEPR, through its indirect subsidiary AEP Holdings II C.V., had contributed $47,000,000 to InterGen Denmark, Aps for its 50% interest in the InterGen Denmark, Aps partnership. (c) NGLE's debt to common equity ratio was 2.7 to 1 at December 31, 1999. NGLE reported a net loss of ($9,609,000) for the year ended December 31, 1999. YPG's debt to common equity ratio was 2.8 to 1 at December 31, 1999. YPG reported a net income of $89,852,000 for the twelve months ended December 31, 1999. Pacific Hydro noncurrent liabilities to common equity ratio was 1.5 to 1 at December 31, 1999. It reported a net income of $3,718,000 for the twelve months ended December 31, 1999. CitiPower's debt to common equity ratio was 6.1 to 1 at December 31, 1998. The Company reported net income of $11,657,000 for the twelve months ended December 31, 1999. AEPES-UK's debt at December 31, 1999 was nil. AEPES-UK reported ($348,000) net loss for the one month ended December 31, 1999. The Bajio project's debt at December 31, 1999 was nil. The investment in the project was made December 31, 1999 and there was no income or loss applicable to AEPR.
(d) Company Company In Effect Nature of Performing Receiving Date of On Dec. 31st Transactions Service Service Fees or Revenues Contract (Yes or No) (1) (2) (3) (4) (5) (6) (in thousands) Consulting Services RESCo NGLE $ 333 4/01/97 No Administrative Services RESCo NGLE 458 11/04/99 Yes Consulting Services AEPR CTP 1,958 12/31/98 Yes
Part II. See Exhibit's H and I Part III. American Electric Power Company, Inc.'s aggregate investment in foreign utility companies is $885,141,000 which is 18.8% of its investment in domestic public utility subsidiary companies. American Electric Power Company, Inc. had no investment in EWG's at December 31, 1999. ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS Section and FINANCIAL STATEMENTS Page No. Consent of Independent Public Accountants A-1 to A-2 Consolidating Statements of Income B-1 to B-7 Consolidating Balance Sheets B-8 to B-23 Consolidating Statements of Cash Flows B-24 to B-31 Consolidating Statements of Retained Earnings B-32 to B-38 Note to Consolidating Financial Statements C-1 Financial Statements of Subsidiaries Not Consolidated: CdOCo D-1 to D-3 IKEC D-4 to D-6 OVEC D-7 to D-10 Yorkshire Power Group D-11 to D-13 Intergen Demark APS D-14 to D-16*** Pacific Hydro D-17 to D-19*** EXHIBITS Exhibit A E Exhibit B & C ** Exhibit D ** Exhibit E ** Exhibit F ** Exhibit G ** Exhibit H ** Exhibit I *** Exhibit 27 ** * Omitted pursuant to Securities and Exchange Commission Release No. 35-24295. ** These Exhibits are included only the in copy filed with the Securities and Exchange Commission. *** Filed confidentially pursuant to Rule 104(b) of the PUHCA. 42 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in this American Electric Power Company, Inc. Annual Report (Form U5S) to the Securities and Exchange Commission, filed pursuant to the Public Utility Holding Company Act of 1935, for the year ended December 31, 1999, of our reports dated February 22, 2000 (March 3, 2000 as to Note 7 for American Electric Power Company, Inc. and its subsidiaries; Note 6 for Appalachian Power Company and its subsidiaries, Columbus Southern Power Company and its subsidiaries, Indiana Michigan Power Company and its subsidiaries, Kentucky Power Company and Ohio Power and its subsidiaries; and Note 3 for AEP Generating Company), incorporated by reference in the combined Annual Report (Form 10-K) to the Securities and Exchange Commission of American Electric Power Company, Inc. and its subsidiaries and of certain of its subsidiaries for the year ended December 31,1999. Deloitte & Touche LLP Columbus, Ohio April 26, 2000 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in this American Electric Power Company, Inc. Annual Report (Form U5S) to the Securities and Exchange Commission, filed pursuant to the Public Utility Holding Company Act of 1935, for the year ended December 31, 1999 and for the nine month period ended December 31, 1999, of our report dated March 16, 2000 on the consolidated financial statements of Yorkshire Power Group Limited and subsidiaries included in the Annual Report on Form 10-K of Yorkshire Power Group Limited for the fiscal year ended December 31, 1999. Deloitte & Touche LLP Columbus, Ohio April 26, 2000
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 AEP AEP APCO CSPCO DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED CONSOLIDATED OPERATING REVENUES GROSS OPERATING REVENUES 6,907,258,918.68 (1,598,792,705.56) 0.00 1,642,249,358.38 1,229,993,655.89 PROVISION FOR RATE REFUND 8,465,883.49 541,068.59 0.00 8,687,291.24 0.00 TOTAL OPERATING REVENUES, NET 6,915,724,802.17 (1,598,251,636.97) 0.00 1,650,936,649.62 1,229,993,655.89 OPERATING EXPENSES OPERATIONS FUEL 1,694,349,581.15 1,325,879.43 0.00 444,710,606.05 185,511,113.00 PURCHASED POWER 725,046,106.44 (1,019,118,709.78) 0.00 254,099,667.03 265,456,330.08 OTHER OPERATION 1,489,034,509.51 (534,392,813.78) 22,099,331.96 249,616,126.67 190,614,185.07 MAINTENANCE 531,810,459.16 (29,258,333.70) 0.00 123,834,539.98 65,228,853.29 TOTAL OPER/MAINT EXPENSES 4,440,240,656.26 (1,581,443,977.83) 22,099,331.96 1,072,260,939.73 706,810,481.44 DEPRECIATION AND AMORTIZATION 659,743,043.71 (4,145,082.05) 0.00 148,874,598.54 94,531,914.35 TAXES OTHER THAN INCOME TAXES 498,371,986.18 (22,256,418.36) 0.00 112,721,819.25 120,146,426.74 STATE, LOCAL & FOREIGN INCOME TAXES 4,998,357.80 2,996,528.92 0.00 4,918,926.00 543.00 FEDERAL INCOME TAXES 328,883,540.81 1,025,616.00 0.00 70,924,752.00 85,714,254.82 TOTAL OPERATING EXPENSES 5,932,237,584.76 (1,603,823,333.32) 22,099,331.96 1,409,701,035.52 1,007,203,620.35 NET OPERATING INCOME 983,487,217.41 5,571,696.35 (22,099,331.96) 241,235,614.10 222,790,035.54 OTHER INCOME AND DEDUCTIONS OTHER INCOME 49,986,709.19 (2,966,091,782.38) 545,010,073.79 721,353,007.81 432,062,266.81 OTHER INCOME DEDUCTIONS (36,919,934.15) 2,412,493,684.71 (167,342.46) (712,833,978.98) (432,040,480.63) TAXES APPL TO OTHER INC &DED 63,253,886.60 242,534.71 (33,751.53) (422,972.03) 2,686,940.06 NET OTHR INCOME AND DEDUCTIONS 76,320,661.64 (553,355,562.96) 544,808,979.80 8,096,056.80 2,708,726.24 INCOME BEFORE INTEREST CHARGES 1,059,807,879.05 (547,783,866.61) 522,709,647.84 249,331,670.90 225,498,761.78 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 473,665,951.45 (1,439,678.30) 0.00 116,409,475.07 69,085,622.57 INTEREST ON SHORT-TERM DEBT 42,494,641.71 0.00 2,526,255.41 5,959,176.59 2,460,263.00 AMORT OF DEBT DISC, PREM & EXP 5,185,964.65 0.00 0.00 1,424,888.96 690,137.12 AMORT LOSS ON REACQUIRED DEBT 10,079,098.24 0.00 0.00 2,450,799.34 3,251,831.45 AMORT GAIN ON REACQUIRED DEBT (442,141.22) 0.00 0.00 (24,374.36) (301,494.35) OTHER INTEREST EXPENSE 11,146,102.48 (787,956.50) 6,038.67 4,360,323.46 1,018,130.43 TOTAL INTEREST CHARGES 542,129,617.31 (2,227,634.80) 2,532,294.08 130,580,289.06 76,204,490.22 AFUDC BORROWED FUNDS - CR (13,637,581.00) 0.00 0.00 (1,740,015.32) (975,330.34) NET INTEREST CHARGES 528,492,036.31 (2,227,634.80) 2,532,294.08 128,840,273.74 75,229,159.88 NET INCOME BEFORE PREF DIV 531,315,842.74 (545,556,231.81) 520,177,353.76 120,491,397.16 150,269,601.90 PREF STK DIVIDEND REQUIREMENT 11,138,491.49 0.00 0.00 2,705,881.73 2,130,521.20 NET INCOME - EARN FOR CMMN STK 520,177,351.25 (545,556,231.81) 520,177,353.76 117,785,515.43 148,139,080.70
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 I&M OPCO DESCRIPTION CONSOLIDATED KEPCO KGPCO CONSOLIDATED WPCO OPERATING REVENUES GROSS OPERATING REVENUES 1,395,261,908.09 373,981,871.68 80,387,491.52 2,039,263,347.12 86,204,913.67 PROVISION FOR RATE REFUND (1,142,857.00) 0.00 380,380.66 0.00 0.00 TOTAL OPERATING REVENUES, NET 1,394,119,051.09 373,981,871.68 80,767,872.18 2,039,263,347.12 86,204,913.67 OPERATING EXPENSES OPERATIONS FUEL 185,419,148.90 84,368,579.76 0.00 687,672,253.18 0.00 PURCHASED POWER 276,961,831.26 107,763,285.51 56,659,506.56 163,142,710.34 58,137,242.55 OTHER OPERATION 461,494,285.71 52,467,605.71 9,032,881.03 327,131,576.87 8,460,329.57 MAINTENANCE 135,330,821.53 21,452,255.68 2,358,490.54 121,298,834.44 3,349,491.07 TOTAL OPER/MAINT EXPENSES 1,059,206,087.40 266,051,726.66 68,050,878.13 1,299,245,374.83 69,947,063.19 DEPRECIATION AND AMORTIZATION 149,987,752.87 29,220,919.62 2,875,966.61 149,055,459.38 3,001,472.53 TAXES OTHER THAN INCOME TAXES 65,843,928.23 8,091,542.76 3,508,375.08 164,213,529.47 5,158,509.79 STATE, LOCAL & FOREIGN INCOME TAXES (7,130,384.00) 2,762,693.00 216,510.00 1,677,481.00 357,341.00 FEDERAL INCOME TAXES 17,559,844.00 13,179,630.00 1,614,105.00 136,242,346.99 2,306,359.00 TOTAL OPERATING EXPENSES 1,285,467,228.50 319,306,512.04 76,265,834.82 1,750,434,191.67 80,770,745.51 NET OPERATING INCOME 108,651,822.59 54,675,359.64 4,502,037.36 288,829,155.45 5,434,168.16 OTHER INCOME AND DEDUCTIONS OTHER INCOME 478,161,624.88 165,419,930.54 911,477.71 666,627,054.31 33,841.10 OTHER INCOME DEDUCTIONS (469,187,240.51)(165,893,653.32) (235,789.23) (664,395,205.98) (224,158.59) TAXES APPL TO OTHER INC &DED (4,444,548.00) 146,214.00 (165,258.00) 4,768,172.00 108,184.14 NET OTHR INCOME AND DEDUCTIONS 4,529,836.37 (327,508.78) 510,430.48 7,000,020.33 (82,133.35) INCOME BEFORE INTEREST CHARGES 113,181,658.96 54,347,850.86 5,012,467.84 295,829,175.78 5,352,034.81 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 70,065,355.04 26,237,613.75 1,534,082.36 74,631,150.71 1,681,552.34 INTEREST ON SHORT-TERM DEBT 9,206,875.93 2,551,776.70 108,259.17 8,327,014.80 131,723.15 AMORT OF DEBT DISC, PREM & EXP 1,075,197.48 330,080.70 0.00 977,816.79 0.00 AMORT LOSS ON REACQUIRED DEBT 1,951,122.25 141,782.62 0.00 1,395,676.94 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 (116,272.51) 0.00 OTHER INTEREST EXPENSE 3,727,800.22 396,996.64 561,495.14 2,758,362.85 39,900.99 TOTAL INTEREST CHARGES 86,026,350.92 29,658,250.41 2,203,836.67 87,973,749.58 1,853,176.48 AFUDC BORROWED FUNDS - CR (5,620,551.15) (740,479.43) (25,941.63) (4,301,546.88) (37,289.30) NET INTEREST CHARGES 80,405,799.77 28,917,770.98 2,177,895.04 83,672,202.70 1,815,887.18 NET INCOME BEFORE PREF DIV 32,775,859.19 25,430,079.88 2,834,572.80 212,156,973.08 3,536,147.63 PREF STK DIVIDEND REQUIREMENT 4,885,220.02 0.00 0.00 1,416,868.54 0.00 NET INCOME - EARN FOR CMMN STK 27,890,639.17 25,430,079.88 2,834,572.80 210,740,104.54 3,536,147.63
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 DESCRIPTION AEGCO AEPSC CCCO FRECO IFRI OPERATING REVENUES GROSS OPERATING REVENUES 217,189,192.00 571,358,140.50 0.00 0.00 0.00 PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 217,189,192.00 571,358,140.50 0.00 0.00 0.00 OPERATING EXPENSES OPERATIONS FUEL 94,480,796.99 632,520.57 0.00 0.00 0.00 PURCHASED POWER 0.00 0.00 0.00 0.00 0.00 OTHER OPERATION 78,734,015.23 507,490,418.01 0.00 0.00 0.00 MAINTENANCE 10,492,311.41 29,258,002.62 0.00 0.00 0.00 TOTAL OPER/MAINT EXPENSES 183,707,123.63 537,380,941.20 0.00 0.00 0.00 DEPRECIATION AND AMORTIZATION 21,845,123.78 4,131,795.00 0.00 0.00 0.00 TAXES OTHER THAN INCOME TAXES 3,865,842.55 22,256,418.36 0.00 0.00 0.00 STATE, LOCAL & FOREIGN INCOME TAXES 718,748.00 (2,996,528.92) 0.00 0.00 0.00 FEDERAL INCOME TAXES 1,711,966.00 (2,909,379.00) 0.00 0.00 0.00 TOTAL OPERATING EXPENSES 211,848,803.96 557,863,246.64 0.00 0.00 0.00 NET OPERATING INCOME 5,340,388.04 13,494,893.86 0.00 0.00 0.00 OTHER INCOME AND DEDUCTIONS OTHER INCOME 91,403.16 (424,426.26) 140,759.63 0.00 0.00 OTHER INCOME DEDUCTIONS (55,102.32) (4,155,873.19) (105,105.06) 0.00 0.00 TAXES APPL TO OTHER INC &DED 3,622,199.00 (23,966.21) (34,638.57) 0.00 0.00 NET OTHR INCOME AND DEDUCTIONS 3,658,499.84 (4,604,265.66) 1,016.00 0.00 0.00 INCOME BEFORE INTEREST CHARGES 8,998,887.88 8,890,628.20 1,016.00 0.00 0.00 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 1,514,236.68 5,890,845.54 0.00 0.00 0.00 INTEREST ON SHORT-TERM DEBT 1,108,832.98 2,336,579.84 0.00 0.00 0.00 AMORT OF DEBT DISC, PREM & EXP 108,456.00 8,082.18 0.00 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 239,712.00 648,173.64 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00 OTHER INTEREST EXPENSE 97.00 6,947.00 1,016.00 0.00 0.00 TOTAL INTEREST CHARGES 2,971,334.66 8,890,628.20 1,016.00 0.00 0.00 AFUDC BORROWED FUNDS - CR (167,559.47) 0.00 0.00 0.00 0.00 NET INTEREST CHARGES 2,803,775.19 8,890,628.20 1,016.00 0.00 0.00 NET INCOME BEFORE PREF DIV 6,195,112.69 (0.00) 0.00 0.00 0.00 PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK 6,195,112.69 (0.00) 0.00 0.00 0.00
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 DESCRIPTION AEPPM AEPES AEPINV OPERATING REVENUES GROSS OPERATING REVENUES 0.00 68,440,625.14 0.00 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 0.00 68,440,625.14 0.00 OPERATING EXPENSES OPERATIONS FUEL 0.00 0.00 0.00 PURCHASED POWER 0.00 66,923,869.27 0.00 OTHER OPERATION 0.00 43,249,385.73 897,434.60 MAINTENANCE 0.00 10,481.90 (803.28) TOTAL OPER/MAINT EXPENSES 0.00 110,183,736.90 896,631.32 DEPRECIATION AND AMORTIZATION 0.00 1,940,705.31 0.00 TAXES OTHER THAN INCOME TAXES 0.00 0.00 0.00 STATE, LOCAL & FOREIGN INCOME TAXES 0.00 0.00 0.00 FEDERAL INCOME TAXES 0.00 0.00 0.00 TOTAL OPERATING EXPENSES 0.00 112,124,442.21 896,631.32 NET OPERATING INCOME 0.00 (43,683,817.07) (896,631.32) OTHER INCOME AND DEDUCTIONS OTHER INCOME 0.00 574,579.02 (74,360.57) OTHER INCOME DEDUCTIONS 0.00 (54,519.60) 0.12 TAXES APPL TO OTHER INC &DED (14.00) 16,587,230.31 335,035.00 NET OTHR INCOME AND DEDUCTIONS (14.00) 17,107,289.73 260,674.55 INCOME BEFORE INTEREST CHARGES (14.00) (26,576,527.34) (635,956.77) INTEREST CHARGES INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00 INTEREST ON SHORT-TERM DEBT 0.00 4,284,348.88 0.00 AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 OTHER INTEREST EXPENSE 0.00 10,373.36 0.00 TOTAL INTEREST CHARGES 0.00 4,294,722.24 0.00 AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 NET INTEREST CHARGES 0.00 4,294,722.24 0.00 NET INCOME BEFORE PREF DIV (14.00) (30,871,249.58) (635,956.77) PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK (14.00) (30,871,249.58) (635,956.77)
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 AEPR AEPC DESCRIPTION CONSOLIDATED AEPRESC CONSOLIDATED OPERATING REVENUES GROSS OPERATING REVENUES 784,740,703.52 8,989,628.76 7,990,787.97 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 784,740,703.52 8,989,628.76 7,990,787.97 OPERATING EXPENSES OPERATIONS FUEL 10,228,683.27 0.00 0.00 PURCHASED POWER 495,020,373.62 0.00 0.00 OTHER OPERATION 50,476,719.35 10,453,455.25 11,209,572.53 MAINTENANCE 48,454,268.99 (282.90) 1,527.59 TOTAL OPER/MAINT EXPENSES 604,180,045.23 10,453,172.35 11,211,100.12 DEPRECIATION AND AMORTIZATION 54,897,140.15 13,088.94 3,512,188.68 TAXES OTHER THAN INCOME TAXES 14,646,872.31 0.00 175,140.00 STATE, LOCAL & FOREIGN INCOME TAXES 1,476,499.80 0.00 0.00 FEDERAL INCOME TAXES 1,514,046.00 0.00 0.00 TOTAL OPERATING EXPENSES 676,714,603.49 10,466,261.29 14,898,428.80 NET OPERATING INCOME 108,026,100.03 (1,476,632.53) (6,907,640.83) OTHER INCOME AND DEDUCTIONS OTHER INCOME 5,925,432.15 257,925.14 7,902.35 OTHER INCOME DEDUCTIONS (66,698.73) 8,453.88 (6,924.26) TAXES APPL TO OTHER INC &DED 36,125,308.61 350,788.17 3,406,428.94 NET OTHR INCOME AND DEDUCTIONS 41,984,042.03 617,167.19 3,407,407.03 INCOME BEFORE INTEREST CHARGES 150,010,142.06 (859,465.34) (3,500,233.80) INTEREST CHARGES INTEREST ON LONG-TERM DEBT 106,616,017.39 0.00 1,439,678.30 INTEREST ON SHORT-TERM DEBT 2,314,342.37 66,123.57 1,113,069.32 AMORT OF DEBT DISC, PREM & EXP 571,305.42 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 OTHER INTEREST EXPENSE (953,865.62) (168.52) 611.36 TOTAL INTEREST CHARGES 108,547,799.56 65,955.05 2,553,358.98 AFUDC BORROWED FUNDS - CR 0.00 0.00 (28,867.48) NET INTEREST CHARGES 108,547,799.56 65,955.05 2,524,491.50 NET INCOME BEFORE PREF DIV 41,462,342.50 (925,420.39) (6,024,725.30) PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK 41,462,342.50 (925,420.39) (6,024,725.30)
APPALACHIAN POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 APCO APCO DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO OPERATING REVENUES GROSS OPERATING REVENUES 1,642,249,358.38 2.72 1,642,249,355.66 0.00 PROVISION FOR RATE REFUND 8,687,291.24 0.00 8,687,291.24 0.00 TOTAL OPERATING REVENUES, NET 1,650,936,649.62 2.72 1,650,936,646.90 0.00 OPERATING EXPENSES OPERATIONS FUEL 444,710,606.05 0.00 444,710,606.05 0.00 PURCHASED POWER 254,099,667.03 0.00 254,099,667.03 0.00 OTHER OPERATION 249,616,126.67 2.72 249,616,123.95 0.00 MAINTENANCE 123,834,539.98 0.00 123,834,539.98 0.00 TOTAL OPER/MAINT EXPENSES 1,072,260,939.73 2.72 1,072,260,937.01 0.00 DEPRECIATION AND AMORTIZATION 148,874,598.54 0.00 148,874,598.54 0.00 TAXES OTHER THAN INCOME TAXES 112,721,819.25 0.00 112,721,819.25 0.00 STATE, LOCAL, AND FOREIGN INCOME TAXES 4,918,926.00 0.00 4,918,926.00 0.00 FEDERAL INCOME TAXES 70,924,752.00 0.00 70,924,752.00 0.00 TOTAL OPERATING EXPENSES 1,409,701,035.52 2.72 1,409,701,032.80 0.00 NET OPERATING INCOME 241,235,614.10 0.00 241,235,614.10 0.00 OTHER INCOME AND DEDUCTIONS OTHER INCOME 721,353,007.81 (11,496,415.62) 715,241,800.10 695,356.36 OTHER INCOME DEDUCTIONS (712,833,978.98) 2,295,164.84 (712,401,593.89) (3,148.36) TAXES APPL TO OTHER INC &DED (422,972.03) 0.00 5,240,419.59 (244,097.00) NET OTHR INCOME AND DEDUCTIONS 8,096,056.80 (9,201,250.78) 8,080,625.80 448,111.00 INCOME BEFORE INTEREST CHARGES 249,331,670.90 (9,201,250.78) 249,316,239.90 448,111.00 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 116,409,475.07 0.00 116,409,475.07 0.00 INTEREST ON SHORT-TERM DEBT 5,959,176.59 0.00 5,959,176.59 0.00 AMORT OF DEBT DISC, PREM & EXP 1,424,888.96 0.00 1,424,888.96 0.00 AMORT LOSS ON REACQUIRED DEBT 2,450,799.34 0.00 2,450,799.34 0.00 AMORT GAIN ON REACQUIRED DEBT (24,374.36) 0.00 (24,374.36) 0.00 OTHER INTEREST EXPENSE 4,360,323.46 0.00 4,344,892.46 365.00 TOTAL INTEREST CHARGES 130,580,289.06 0.00 130,564,858.06 365.00 AFUDC BORROWED FUNDS - CR (1,740,015.32) 0.00 (1,740,015.32) 0.00 NET INTEREST CHARGES 128,840,273.74 0.00 128,824,842.74 365.00 NET INCOME BEFORE PREF DIV 120,491,397.16 (9,201,250.78) 120,491,397.16 447,746.00 PREF STK DIVIDEND REQUIREMENT 2,705,881.73 0.00 2,705,881.73 0.00 NET INCOME - EARN FOR CMMN STK 117,785,515.43 (9,201,250.78) 117,785,515.43 447,746.00
APPALACHIAN POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 DESCRIPTION CECCO SACCO WVPCO OPERATING REVENUES GROSS OPERATING REVENUES 0.00 0.00 0.00 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 0.00 0.00 0.00 OPERATING EXPENSES OPERATIONS FUEL 0.00 0.00 0.00 PURCHASED POWER 0.00 0.00 0.00 OTHER OPERATION 0.00 0.00 0.00 MAINTENANCE 0.00 0.00 0.00 TOTAL OPER/MAINT EXPENSES 0.00 0.00 0.00 DEPRECIATION AND AMORTIZATION 0.00 0.00 0.00 TAXES OTHER THAN INCOME TAXES 0.00 0.00 0.00 STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 0.00 0.00 FEDERAL INCOME TAXES 0.00 0.00 0.00 TOTAL OPERATING EXPENSES 0.00 0.00 0.00 NET OPERATING INCOME 0.00 0.00 0.00 OTHER INCOME AND DEDUCTIONS OTHER INCOME 11,061,219.22 5,838,886.35 12,161.40 OTHER INCOME DEDUCTIONS (2,738,798.22) 14,396.65 0.00 TAXES APPL TO OTHER INC &DED (2,962,129.08) (2,450,406.00) (6,759.54) NET OTHR INCOME AND DEDUCTIONS 5,360,291.92 3,402,877.00 5,401.86 INCOME BEFORE INTEREST CHARGES 5,360,291.92 3,402,877.00 5,401.86 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00 INTEREST ON SHORT-TERM DEBT 0.00 0.00 0.00 AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 OTHER INTEREST EXPENSE 3,110.00 11,650.00 306.00 TOTAL INTEREST CHARGES 3,110.00 11,650.00 306.00 AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 NET INTEREST CHARGES 3,110.00 11,650.00 306.00 NET INCOME BEFORE PREF DIV 5,357,181.92 3,391,227.00 5,095.86 PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK 5,357,181.92 3,391,227.00 5,095.86
COLUMBUS SOUTHERN POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 CSPCO CSPCO DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO OPERATING REVENUES GROSS OPERATING REVENUES 1,229,993,655.89 (10,745,687.00) 1,229,993,655.89 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 1,229,993,655.89 (10,745,687.00) 1,229,993,655.89 OPERATING EXPENSES OPERATIONS FUEL 185,511,113.00 (440,382.64) 185,951,495.64 PURCHASED POWER 265,456,330.08 0.00 265,456,330.08 OTHER OPERATION 190,614,185.07 (8,047,575.11) 190,538,276.23 MAINTENANCE 65,228,853.29 (1,676,056.56) 65,228,958.85 TOTAL OPER/MAINT EXPENSES 706,810,481.44 (10,164,014.31) 707,175,060.80 DEPRECIATION AND AMORTIZATION 94,531,914.35 (384,246.00) 94,531,914.35 TAXES OTHER THAN INCOME TAXES 120,146,426.74 (196,484.00) 120,146,426.74 STATE, LOCAL, AND FOREIGN INCOME TAXES 543.00 0.00 543.00 FEDERAL INCOME TAXES 85,714,254.82 0.00 85,556,683.82 TOTAL OPERATING EXPENSES 1,007,203,620.35 (10,744,744.31) 1,007,410,628.71 NET OPERATING INCOME 222,790,035.54 (942.69) 222,583,027.18 OTHER INCOME AND DEDUCTIONS OTHER INCOME 432,062,266.81 (342,759.46) 432,072,289.59 OTHER INCOME DEDUCTIONS (432,040,480.63) 0.00 (432,031,474.63) TAXES APPL TO OTHER INC &DED 2,686,940.06 0.00 2,874,810.00 NET OTHR INCOME AND DEDUCTIONS 2,708,726.24 (342,759.46) 2,915,624.96 INCOME BEFORE INTEREST CHARGES 225,498,761.78 (343,702.15) 225,498,652.14 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 69,085,622.57 0.00 69,085,622.57 INTEREST ON SHORT-TERM DEBT 2,460,263.00 0.00 2,460,263.00 AMORT OF DEBT DISC, PREM & EXP 690,137.12 0.00 690,137.12 AMORT LOSS ON REACQUIRED DEBT 3,251,831.45 0.00 3,251,831.45 AMORT GAIN ON REACQUIRED DEBT (301,494.35) 0.00 (301,494.35) OTHER INTEREST EXPENSE 1,018,130.43 0.00 1,018,020.79 TOTAL INTEREST CHARGES 76,204,490.22 0.00 76,204,380.58 AFUDC BORROWED FUNDS - CR (975,330.34) 0.00 (975,330.34) NET INTEREST CHARGES 75,229,159.88 0.00 75,229,050.24 NET INCOME BEFORE PREF DIV 150,269,601.90 (343,702.15) 150,269,601.90 PREF STK DIVIDEND REQUIREMENT 2,130,521.20 0.00 2,130,521.20 NET INCOME - EARN FOR CMMN STK 148,139,080.70 (343,702.15) 148,139,080.70
COLUMBUS SOUTHERN POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 DESCRIPTION COLM CCPC SIMCO OPERATING REVENUES GROSS OPERATING REVENUES 0.00 10,455,287.00 290,400.00 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 0.00 10,455,287.00 290,400.00 OPERATING EXPENSES OPERATIONS FUEL 0.00 0.00 0.00 PURCHASED POWER 0.00 0.00 0.00 OTHER OPERATION 0.00 8,122,288.00 1,195.95 MAINTENANCE 0.00 1,675,951.00 0.00 TOTAL OPER/MAINT EXPENSES 0.00 9,798,239.00 1,195.95 DEPRECIATION AND AMORTIZATION 0.00 269,502.00 114,744.00 TAXES OTHER THAN INCOME TAXES 0.00 194,059.00 2,425.00 STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 0.00 0.00 FEDERAL INCOME TAXES 0.00 116,996.00 40,575.00 TOTAL OPERATING EXPENSES 0.00 10,378,796.00 158,939.95 NET OPERATING INCOME 0.00 76,491.00 131,460.05 OTHER INCOME AND DEDUCTIONS OTHER INCOME 329,224.09 2,606.00 906.59 OTHER INCOME DEDUCTIONS 0.00 (9,006.00) 0.00 TAXES APPL TO OTHER INC &DED (149,809.94) 0.00 (38,060.00) NET OTHR INCOME AND DEDUCTIONS 179,414.15 (6,400.00) (37,153.41) INCOME BEFORE INTEREST CHARGES 179,414.15 70,091.00 94,306.64 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00 INTEREST ON SHORT-TERM DEBT 0.00 0.00 0.00 AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 OTHER INTEREST EXPENSE 18.64 91.00 0.00 TOTAL INTEREST CHARGES 18.64 91.00 0.00 AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 NET INTEREST CHARGES 18.64 91.00 0.00 NET INCOME BEFORE PREF DIV 179,395.51 70,000.00 94,306.64 PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK 179,395.51 70,000.00 94,306.64
INDIANA MICHIGAN POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 I&M I&M DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BHCCO PRCCO OPERATING REVENUES GROSS OPERATING REVENUES 1,395,261,908.09 0.00 1,395,261,908.09 0.00 0.00 PROVISION FOR RATE REFUND (1,142,857.00) 0.00 (1,142,857.00) 0.00 0.00 TOTAL OPERATING REVENUES, NET 1,394,119,051.09 0.00 1,394,119,051.09 0.00 0.00 OPERATING EXPENSES OPERATIONS FUEL 185,419,148.90 0.00 185,419,148.90 0.00 0.00 PURCHASED POWER 276,961,831.26 0.00 276,961,831.26 0.00 0.00 OTHER OPERATION 461,494,285.71 0.00 461,494,285.71 0.00 0.00 MAINTENANCE 135,330,821.53 0.00 135,330,821.53 0.00 0.00 TOTAL OPER/MAINT EXPENSES 1,059,206,087.40 0.00 1,059,206,087.40 0.00 0.00 DEPRECIATION AND AMORTIZATION 149,987,752.87 0.00 149,987,752.87 0.00 0.00 TAXES OTHER THAN INCOME TAXES 65,843,928.23 0.00 65,843,928.23 0.00 0.00 STATE, LOCAL & FOREIGN INCOME TAXES (7,130,384.00) 0.00 (7,130,384.00) 0.00 0.00 FEDERAL INCOME TAXES 17,559,844.00 0.00 17,559,844.00 0.00 0.00 TOTAL OPERATING EXPENSES 1,285,467,228.50 0.00 1,285,467,228.50 0.00 0.00 NET OPERATING INCOME 108,651,822.59 0.00 108,651,822.59 0.00 0.00 OTHER INCOME AND DEDUCTIONS OTHER INCOME 478,161,624.88 (779,841.92) 477,302,150.34 1,639,316.46 0.00 OTHER INCOME DEDUCTIONS (469,187,240.51) 314,925.92 (469,142,333.97) (359,832.46) 0.00 TAXES APPL TO OTHER INC &DED (4,444,548.00) 0.00 (3,629,980.00) (814,568.00) 0.00 NET OTHR INCOME AND DEDUCTIONS 4,529,836.37 (464,916.00) 4,529,836.37 464,916.00 0.00 INCOME BEFORE INTEREST CHARGES 113,181,658.96 (464,916.00) 113,181,658.96 464,916.00 0.00 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 70,065,355.04 0.00 70,065,355.04 0.00 0.00 INTEREST ON SHORT-TERM DEBT 9,206,875.93 0.00 9,206,875.93 0.00 0.00 AMORT OF DEBT DISC, PREM & EXP 1,075,197.48 0.00 1,075,197.48 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 1,951,122.25 0.00 1,951,122.25 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00 OTHER INTEREST EXPENSE 3,727,800.22 0.00 3,727,800.22 0.00 0.00 TOTAL INTEREST CHARGES 86,026,350.92 0.00 86,026,350.92 0.00 0.00 AFUDC BORROWED FUNDS - CR (5,620,551.15) 0.00 (5,620,551.15) 0.00 0.00 NET INTEREST CHARGES 80,405,799.77 0.00 80,405,799.77 0.00 0.00 NET INCOME BEFORE PREF DIV 32,775,859.19 (464,916.00) 32,775,859.19 464,916.00 0.00 PREF STK DIVIDEND REQUIREMENT 4,885,220.02 0.00 4,885,220.02 0.00 0.00 NET INCOME - EARN FOR CMMN STK 27,890,639.17 (464,916.00) 27,890,639.17 464,916.00 0.00
OHIO POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 OPCO OPCO DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO OPERATING REVENUES GROSS OPERATING REVENUES 2,039,263,347.12 (426,120,373.05) 2,048,521,677.17 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 2,039,263,347.12 (426,120,373.05) 2,048,521,677.17 OPERATING EXPENSES OPERATIONS FUEL 687,672,253.18 (10,290,006.30) 697,962,259.48 PURCHASED POWER 163,142,710.34 0.00 163,142,710.34 OTHER OPERATION 327,131,576.87 (280,807,999.19) 332,770,924.06 MAINTENANCE 121,298,834.44 (71,353,990.00) 121,298,834.44 TOTAL OPER/MAINT EXPENSES 1,299,245,374.83 (362,451,995.49) 1,315,174,728.32 DEPRECIATION AND AMORTIZATION 149,055,459.38 (44,724,943.00) 149,055,459.38 TAXES OTHER THAN INCOME TAXES 164,213,529.47 (20,534,498.00) 164,213,529.47 STATE, LOCAL, AND FOREIGN INCOME TAXES 1,677,481.00 0.00 1,677,481.00 FEDERAL INCOME TAXES 136,242,346.99 111,201.00 130,005,894.99 TOTAL OPERATING EXPENSES 1,750,434,191.67 (427,600,235.49) 1,760,127,093.16 NET OPERATING INCOME 288,829,155.45 1,479,862.44 288,394,584.01 OTHER INCOME AND DEDUCTIONS OTHER INCOME 666,627,054.31 (3,324,222.44) 662,586,505.75 OTHER INCOME DEDUCTIONS (664,395,205.98) 19,287.00 (661,766,836.98) TAXES APPL TO OTHER INC &DED 4,768,172.00 111,201.00 4,718,629.00 NET OTHR INCOME AND DEDUCTIONS 7,000,020.33 (3,193,734.44) 5,538,297.77 INCOME BEFORE INTEREST CHARGES 295,829,175.78 (1,713,872.00) 293,932,881.78 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 74,631,150.71 (317,717.00) 72,771,150.71 INTEREST ON SHORT-TERM DEBT 8,327,014.80 0.00 8,327,014.80 AMORT OF DEBT DISC, PREM & EXP 977,816.79 0.00 977,816.79 AMORT LOSS ON REACQUIRED DEBT 1,395,676.94 0.00 1,395,676.94 AMORT GAIN ON REACQUIRED DEBT (116,272.51) 0.00 (116,272.51) OTHER INTEREST EXPENSE 2,758,362.85 0.00 2,722,068.85 TOTAL INTEREST CHARGES 87,973,749.58 (317,717.00) 86,077,455.58 AFUDC BORROWED FUNDS - CR (4,301,546.88) 0.00 (4,301,546.88) NET INTEREST CHARGES 83,672,202.70 (317,717.00) 81,775,908.70 NET INCOME BEFORE PREF DIV 212,156,973.08 (1,396,155.00) 212,156,973.08 PREF STK DIVIDEND REQUIREMENT 1,416,868.54 0.00 1,416,868.54 NET INCOME - EARN FOR CMMN STK 210,740,104.54 (1,396,155.00) 210,740,104.54
OHIO POWER COMPANY AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF INCOME YEAR TO DATE THROUGH DECEMBER 31, 1999 DESCRIPTION COCCO SOCCO WCCO OPERATING REVENUES GROSS OPERATING REVENUES 63,755,139.00 230,383,804.00 122,723,100.00 PROVISION FOR RATE REFUND 0.00 0.00 0.00 TOTAL OPERATING REVENUES, NET 63,755,139.00 230,383,804.00 122,723,100.00 OPERATING EXPENSES OPERATIONS FUEL 0.00 0.00 0.00 PURCHASED POWER 0.00 0.00 0.00 OTHER OPERATION 42,111,861.00 142,304,783.00 90,752,008.00 MAINTENANCE 7,171,153.00 47,739,303.00 16,443,534.00 TOTAL OPER/MAINT EXPENSES 49,283,014.00 190,044,086.00 107,195,542.00 DEPRECIATION AND AMORTIZATION 14,573,541.00 20,207,170.00 9,944,232.00 TAXES OTHER THAN INCOME TAXES 2,541,111.00 10,887,800.00 7,105,587.00 STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 0.00 0.00 FEDERAL INCOME TAXES 411,721.00 6,717,715.00 (1,004,185.00) TOTAL OPERATING EXPENSES 66,809,387.00 227,856,771.00 123,241,176.00 NET OPERATING INCOME (3,054,248.00) 2,527,033.00 (518,076.00) OTHER INCOME AND DEDUCTIONS OTHER INCOME 3,320,066.00 2,443,946.00 1,600,759.00 OTHER INCOME DEDUCTIONS (265,070.00) (1,351,938.00) (1,030,648.00) TAXES APPL TO OTHER INC &DED 0.00 (61,658.00) 0.00 NET OTHR INCOME AND DEDUCTIONS 3,054,996.00 1,030,350.00 570,111.00 INCOME BEFORE INTEREST CHARGES 748.00 3,557,383.00 52,035.00 INTEREST CHARGES INTEREST ON LONG-TERM DEBT 0.00 2,177,717.00 0.00 INTEREST ON SHORT-TERM DEBT 0.00 0.00 0.00 AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 OTHER INTEREST EXPENSE 28.00 2,240.00 34,026.00 TOTAL INTEREST CHARGES 28.00 2,179,957.00 34,026.00 AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 NET INTEREST CHARGES 28.00 2,179,957.00 34,026.00 NET INCOME BEFORE PREF DIV 720.00 1,377,426.00 18,009.00 PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 NET INCOME - EARN FOR CMMN STK 720.00 1,377,426.00 18,009.00
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 AEP AEP DESCRIPTION CONSOLIDATED ELIMINATIONS AEP ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 9,949,214,595.67 13,287.05 0.00 TRANSMISSION 3,831,692,313.17 0.00 0.00 DISTRIBUTION 5,535,749,329.90 0.00 0.00 GENERAL 1,985,639,124.48 23,771,164.00 0.00 CONSTRUCTION WORK IN PROGRESS 581,027,212.39 (5,237,074.77) 0.00 TOTAL ELECTRIC UTILITY PLANT 21,883,322,575.61 18,547,376.28 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT (9,030,328,646.66) (19,171,867.00) 0.00 NET ELECTRIC UTILITY PLANT 12,852,993,928.95 (624,490.72) 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 201,682,524.77 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 481,967,826.30 (4,969,774,929.41) 5,010,540,919.41 TOTAL OTHER INVESTMENTS 1,517,793,389.40 (15,914,857.52) 312,196.63 TOTAL OTHER SPECIAL FUNDS 708,134,461.84 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 2,909,578,202.31 (4,985,689,786.93) 5,010,853,116.04 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 332,595,275.83 24,049,111.94 2,693,004.98 ACCOUNTS RECEIVABLE-CUSTOMERS 553,220,806.80 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 348,013,792.18 0.00 399,162.49 A/P FOR UNCOLLECTIBLE ACCOUNTS (12,451,646.43) 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 21,463,931.78 (456,936,139.78) 3,270,184.77 FUEL 307,293,888.79 0.00 0.00 MATERIALS & SUPPLIES 311,483,345.60 0.00 0.00 ACCRUED UTILITY REVENUES 246,406,564.81 0.00 0.00 PREPAYMENTS 87,822,326.94 0.00 1,710,924.71 OTHER CURRENT ASSETS 1,020,426,060.45 0.00 0.00 TOTAL CURRENT ASSETS 3,216,274,346.75 (432,887,027.84) 8,073,276.95 REGULATORY ASSETS REGULATORY ASSETS 2,482,651,695.87 0.00 0.00 FAS109 DFIT RECLASS (A/C 254) (312,205,970.61) 6,074,978.00 (517,168.00) NET REGULATORY ASSETS 2,170,445,725.26 6,074,978.00 (517,168.00) DEFERRED CHARGES CLEARING ACCOUNTS 632,389.22 0.00 0.00 UNAMORTIZED DEBT EXPENSE 15,998,514.28 0.00 0.00 OTHER DEFERRED DEBITS 321,693,561.80 1,420,021.97 58,572,581.13 TOTAL DEFERRED CHARGES 338,324,465.30 1,420,021.97 58,572,581.13 TOTAL ASSETS 21,487,616,668.57 (5,411,706,305.52) 5,076,981,806.12 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 1,320,171,716.50 (738,722,213.43) 1,320,171,716.50 PREMIUM ON CAPITAL STOCK 1,954,900,842.12 (263,785,518.63) 1,954,900,842.12 PAID-IN CAPITAL (9,540,165.95) (2,806,220,617.15) (9,499,191.91) RETAINED EARNINGS 1,740,366,604.80 (1,149,795,046.27) 1,740,366,607.31 COMMON SHAREHOLDERS' EQUITY 5,005,898,997.47 (4,958,523,395.48) 5,005,939,974.02 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 119,105,000.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 44,676,400.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 6,335,834,647.45 (1,100,000.00) 0.00 TOTAL CAPITALIZATION 11,505,515,044.92 (4,959,623,395.48) 5,005,939,974.02 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 429,034,793.91 (15,914,834.77) 0.00 ACCUM PROVISIONS-RATE REFUND 16,657,143.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 1,065,024,171.05 0.00 0.00 TOTAL OTH NONCURRENT LIAB'S 1,510,716,107.96 (15,914,834.77) 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 1,111,084,501.70 0.00 0.00 SHORT-TERM DEBT 888,275,000.00 0.00 57,275,000.00 A/P - GENERAL 683,715,496.58 0.00 1,563,622.09 A/P- ASSOC. COS. 15,252,600.00 (412,418,254.77) 7,391,410.45 CUSTOMER DEPOSITS 39,955,454.24 0.00 0.00 TAXES ACCRUED 413,846,587.62 (218,568.50) 14,953.84 INTEREST ACCRUED 78,058,658.02 0.00 (9,595.72) DIVIDENDS DECLARED 965,479.75 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 90,896,064.99 0.00 0.00 OTHR CURR & ACCRUED LIAB 1,347,483,982.31 (2,407,716.00) 3,672,717.53 TOTAL CURRENT LIABILITIES 4,669,533,825.21 (415,044,539.27) 69,908,108.19 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 3,675,331,735.91 0.00 1,641,364.00 DFIT & DSIT RECLASS (A/C 190) (930,289,792.56) 6,074,978.00 (517,168.00) NET DEFERRED INCOME TAXES 2,745,041,943.35 6,074,978.00 1,124,196.00 DEF INVESTMENT TAX CREDITS 326,490,986.00 (11,281,986.00) 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 131,135,961.37 0.00 0.00 SFAS 106 - OPEB 4,285,711.45 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 163,491,062.35 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 599,432.88 0.00 0.00 TOTAL REGULATORY LIABILITIES 299,512,168.05 0.00 0.00 DEFERRED CREDITS 430,806,593.08 (15,916,528.00) 9,527.91 TOTAL DEF CREDITS & REG LIAB'S 3,801,851,690.48 (21,123,536.00) 1,133,723.91 TOTAL CAPITAL & LIABILITIES 21,487,616,668.57 (5,411,706,305.52) 5,076,981,806.12
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 APCO CSPCO I&M DESCRIPTION CONSOLIDATED CONSOLIDATED CONSOLIDATED ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 2,014,967,822.99 1,544,858,122.30 2,587,287,724.37 TRANSMISSION 1,151,377,374.64 350,825,566.84 928,758,375.01 DISTRIBUTION 1,741,684,946.67 1,032,550,465.42 818,696,401.43 GENERAL 247,797,521.84 141,136,995.37 244,981,304.85 CONSTRUCTION WORK IN PROGRESS 107,123,288.81 82,248,270.37 190,302,880.21 TOTAL ELECTRIC UTILITY PLANT 5,262,950,954.95 3,151,619,420.30 4,770,026,685.87 LESS ACCUM PRV-DEPR,DEPL,AMORT (2,079,490,442.83) (1,210,993,938.71) (2,194,396,923.10) NET ELECTRIC UTILITY PLANT 3,183,460,512.12 1,940,625,481.59 2,575,629,762.77 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 21,379,608.54 23,627,712.82 86,459,992.92 INVEST IN SUBSIDIARY & ASSOC 603,868.00 430,000.00 0.00 TOTAL OTHER INVESTMENTS 138,562,641.53 77,200,093.31 127,110,732.12 TOTAL OTHER SPECIAL FUNDS 0.00 27,738.00 708,054,175.84 TOTAL OTHER PROP AND INVSTMNTS 160,546,118.07 101,285,544.13 921,624,900.88 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 64,828,220.94 5,107,103.27 3,862,556.35 ACCOUNTS RECEIVABLE-CUSTOMERS 109,525,499.55 77,417,655.57 91,268,398.01 ACCOUNTS RECEIVABLE - MISC 9,153,520.01 8,886,749.59 18,644,449.44 A/P FOR UNCOLLECTIBLE ACCOUNTS (2,609,110.86) (3,044,580.32) (1,848,365.38) ACCOUNTS RECEIVABLE- ASSOC COS 37,826,721.76 28,452,898.12 48,901,005.76 FUEL 58,160,943.93 21,484,080.66 27,596,916.94 MATERIALS & SUPPLIES 56,916,903.63 41,696,103.69 84,148,921.14 ACCRUED UTILITY REVENUES 53,418,034.00 48,117,440.00 44,427,559.00 PREPAYMENTS 5,384,660.19 32,834,203.50 6,540,020.73 OTHER CURRENT ASSETS 146,105,265.49 95,237,692.60 99,037,944.56 TOTAL CURRENT ASSETS 538,710,658.64 356,189,346.68 422,579,406.55 REGULATORY ASSETS REGULATORY ASSETS 489,326,185.63 369,153,581.33 731,504,699.69 FAS109 DFIT RECLASS (A/C 254) (52,431,727.00) (30,050,306.00) (106,694,868.00) NET REGULATORY ASSETS 436,894,458.63 339,103,275.33 624,809,831.69 DEFERRED CHARGES CLEARING ACCOUNTS (78,330.28) 267,123.37 292,674.84 UNAMORTIZED DEBT EXPENSE 4,584,890.25 2,136,270.38 3,664,252.26 OTHER DEFERRED DEBITS 30,281,792.76 70,383,309.12 28,094,970.05 TOTAL DEFERRED CHARGES 34,788,352.73 72,786,702.87 32,051,897.15 TOTAL ASSETS 4,354,400,100.19 2,809,990,350.60 4,576,695,799.04 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 260,457,768.00 41,026,065.00 56,583,866.43 PREMIUM ON CAPITAL STOCK 792,887.98 257,892,417.78 4,325,759.12 PAID-IN CAPITAL 713,465,688.50 314,980,380.03 728,414,001.30 RETAINED EARNINGS 175,854,480.59 246,583,844.18 166,388,687.17 COMMON SHAREHOLDERS' EQUITY 1,150,570,825.07 860,482,706.99 955,712,314.02 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 20,310,000.00 25,000,000.00 64,945,000.00 PS NOT SUBJ MANDATORY REDEMP 18,491,600.00 0.00 9,248,200.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 1,539,301,849.67 924,545,093.06 1,126,325,960.51 TOTAL CAPITALIZATION 2,728,674,274.74 1,810,027,800.05 2,156,231,474.53 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 52,009,161.42 33,030,362.81 176,892,897.50 ACCUM PROVISIONS-RATE REFUND 4,818,288.00 2,356,752.00 4,588,483.00 ACCUMULATED PROVISIONS - MISC 75,303,049.29 7,668,710.69 562,225,576.09 TOTAL OTH NONCURRENT LIAB'S 132,130,498.71 43,055,825.50 743,706,956.59 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 126,004,867.24 0.00 198,000,000.00 SHORT-TERM DEBT 123,480,000.00 45,500,000.00 224,262,000.00 A/P - GENERAL 59,150,106.72 28,278,969.11 78,784,463.59 A/P- ASSOC. COS. 42,458,795.66 52,775,889.50 31,117,684.96 CUSTOMER DEPOSITS 12,897,677.93 5,119,665.06 8,303,763.06 TAXES ACCRUED 49,037,700.76 143,476,668.16 48,969,630.92 INTEREST ACCRUED 19,079,385.85 13,936,216.55 13,955,147.74 DIVIDENDS DECLARED 527,979.75 437,500.00 0.00 OBLIG UNDER CAP LEASES- CURR 12,635,524.37 7,239,252.81 11,071,621.87 OTHR CURR & ACCRUED LIAB 198,159,685.78 109,489,796.34 178,944,628.50 TOTAL CURRENT LIABILITIES 643,431,724.06 406,253,957.53 793,408,940.64 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 844,955,072.00 527,117,939.00 853,486,553.00 DFIT & DSIT RECLASS (A/C 190) (173,038,514.00) (79,510,257.00) (231,329,456.00) NET DEFERRED INCOME TAXES 671,916,558.00 447,607,682.00 622,157,097.00 DEF INVESTMENT TAX CREDITS 57,259,100.00 44,716,030.00 121,626,632.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 34,675,786.00 1,709,124.37 0.00 SFAS 106 - OPEB 0.00 4,285,711.45 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 45,306,541.33 31,626,485.15 16,968,575.84 UNAMORT GAIN REACQUIRED DEBT 329,573.28 0.00 269,859.60 TOTAL REGULATORY LIABILITIES 80,311,900.61 37,621,320.97 17,238,435.44 DEFERRED CREDITS 40,676,044.07 20,707,734.55 122,326,262.84 TOTAL DEF CREDITS & REG LIAB'S 850,163,602.68 550,652,767.52 883,348,427.28 TOTAL CAPITAL & LIABILITIES 4,354,400,100.19 2,809,990,350.60 4,576,695,799.04
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 OPCO DESCRIPTION KEPCO KGPCO CONSOLIDATED ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 268,617,445.08 0.00 2,713,421,444.33 TRANSMISSION 355,441,928.11 14,054,721.41 857,419,633.85 DISTRIBUTION 372,752,311.91 72,058,143.82 999,678,645.05 GENERAL 67,608,072.71 5,116,148.45 713,882,361.22 CONSTRUCTION WORK IN PROGRESS 14,628,014.66 1,329,557.30 116,515,029.72 TOTAL ELECTRIC UTILITY PLANT 1,079,047,772.47 92,558,570.98 5,400,917,114.17 LESS ACCUM PRV-DEPR,DEPL,AMORT (340,008,226.22) (31,871,531.99) (2,621,711,620.10) NET ELECTRIC UTILITY PLANT 739,039,546.25 60,687,038.99 2,779,205,494.07 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 5,404,306.79 128,229.52 61,560,979.81 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 867,076.00 TOTAL OTHER INVESTMENTS 15,012,213.91 1,766,695.82 191,202,072.64 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 38,292.00 TOTAL OTHER PROP AND INVSTMNTS 20,416,520.70 1,894,925.34 253,668,420.45 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 674,030.62 135,782.36 157,137,625.40 ACCOUNTS RECEIVABLE-CUSTOMERS 18,951,805.69 3,515,348.62 246,310,235.80 ACCOUNTS RECEIVABLE - MISC 8,342,961.24 283,882.62 22,055,295.91 A/P FOR UNCOLLECTIBLE ACCOUNTS (636,800.54) (67,004.90) (2,223,336.02) ACCOUNTS RECEIVABLE- ASSOC COS 15,222,723.52 1,280,376.54 89,215,260.00 FUEL 10,441,476.45 0.00 146,316,944.84 MATERIALS & SUPPLIES 18,112,879.23 387,244.93 95,967,252.44 ACCRUED UTILITY REVENUES 13,736,989.00 3,957,449.00 45,575,283.00 PREPAYMENTS 990,322.24 1,068,080.07 36,774,106.67 OTHER CURRENT ASSETS 34,378,391.54 734.41 136,264,746.99 TOTAL CURRENT ASSETS 120,214,778.99 10,561,893.65 973,393,415.03 REGULATORY ASSETS REGULATORY ASSETS 109,122,103.45 6,371,549.00 724,350,111.34 FAS109 DFIT RECLASS (A/C 254) (12,826,494.00) (732,217.00) (53,162,227.61) NET REGULATORY ASSETS 96,295,609.45 5,639,332.00 671,187,883.73 DEFERRED CHARGES CLEARING ACCOUNTS 243,886.60 (26,370.25) (78,132.19) UNAMORTIZED DEBT EXPENSE 549,327.54 0.00 4,460,890.04 OTHER DEFERRED DEBITS 9,878,203.01 111,993.25 89,469,041.93 TOTAL DEFERRED CHARGES 10,671,417.15 85,623.00 93,851,799.78 TOTAL ASSETS 986,637,872.54 78,868,812.98 4,771,307,013.06 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 50,450,000.00 4,100,000.00 321,201,454.00 PREMIUM ON CAPITAL STOCK 0.00 0.00 744,753.75 PAID-IN CAPITAL 158,750,000.00 13,800,000.00 461,630,766.75 RETAINED EARNINGS 67,110,068.92 7,185,424.40 587,424,262.56 COMMON SHAREHOLDERS' EQUITY 276,310,068.92 25,085,424.40 1,371,001,237.06 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 8,850,000.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 16,936,600.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 260,782,332.72 10,000,000.00 1,139,833,671.84 TOTAL CAPITALIZATION 537,092,401.64 35,085,424.40 2,536,621,508.90 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 11,830,445.03 1,097,169.90 102,258,805.46 ACCUM PROVISIONS-RATE REFUND 995,744.00 0.00 3,897,876.00 ACCUMULATED PROVISIONS - MISC 10,970,959.78 301,889.25 308,680,535.02 TOTAL OTH NONCURRENT LIAB'S 23,797,148.81 1,399,059.15 414,837,216.48 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 105,000,000.00 5,000,000.00 11,677,083.00 SHORT-TERM DEBT 39,665,000.00 4,050,000.00 194,918,000.00 A/P - GENERAL 9,923,330.36 604,304.40 180,382,470.22 A/P- ASSOC. COS. 19,743,320.18 6,139,729.56 64,598,578.67 CUSTOMER DEPOSITS 4,142,624.80 847,142.84 8,196,056.88 TAXES ACCRUED 9,859,623.57 1,351,549.75 162,182,011.26 INTEREST ACCRUED 4,842,568.72 532,289.62 16,862,933.51 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 3,310,837.50 301,132.38 34,284,309.36 OTHR CURR & ACCRUED LIAB 41,803,848.50 12,616,796.39 220,093,325.55 TOTAL CURRENT LIABILITIES 238,291,153.63 31,442,944.94 893,194,768.45 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 197,192,784.00 12,153,828.00 911,285,926.00 DFIT & DSIT RECLASS (A/C 190) (32,186,232.00) (2,299,217.00) (217,896,127.00) NET DEFERRED INCOME TAXES 165,006,552.00 9,854,611.00 693,389,799.00 DEF INVESTMENT TAX CREDITS 12,908,683.00 869,304.00 35,838,046.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 94,098,137.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 2,791,516.11 0.00 66,781,063.92 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 2,791,516.11 0.00 160,879,200.92 DEFERRED CREDITS 6,750,417.35 217,469.49 36,546,473.31 TOTAL DEF CREDITS & REG LIAB'S 187,457,168.46 10,941,384.49 926,653,519.23 TOTAL CAPITAL & LIABILITIES 986,637,872.54 78,868,812.98 4,771,307,013.06
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 DESCRIPTION WPCO AEGCO AEPSC ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 629,286,160.05 0.00 TRANSMISSION 23,054,951.63 0.00 0.00 DISTRIBUTION 67,982,177.87 0.00 0.00 GENERAL 8,272,995.62 2,400,285.24 266,064,839.81 CONSTRUCTION WORK IN PROGRESS 1,903,612.19 8,406,494.06 0.87 TOTAL ELECTRIC UTILITY PLANT 101,213,737.31 640,092,939.35 266,064,840.68 LESS ACCUM PRV-DEPR,DEPL,AMORT (40,952,953.19) (295,065,317.53) (114,151,531.97) NET ELECTRIC UTILITY PLANT 60,260,784.12 345,027,621.82 151,913,308.71 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 2,420,848.37 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 TOTAL OTHER INVESTMENTS 114,988.68 0.00 114,649,962.03 TOTAL OTHER SPECIAL FUNDS 8,236.00 6,020.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 2,544,073.05 6,020.00 114,649,962.03 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 612,759.61 (9,516,026.12) 7,846,897.13 ACCOUNTS RECEIVABLE-CUSTOMERS 6,194,825.01 0.00 30,990.72 ACCOUNTS RECEIVABLE - MISC 527,081.03 2,643,185.61 380,611.74 A/P FOR UNCOLLECTIBLE ACCOUNTS (99,278.92) 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 772,758.12 22,463,870.03 63,152,332.73 FUEL 0.00 17,504,663.37 0.00 MATERIALS & SUPPLIES 114,200.25 3,965,898.87 0.00 ACCRUED UTILITY REVENUES 1,841,818.00 0.00 0.00 PREPAYMENTS 180,027.30 150,373.47 1,385,935.18 OTHER CURRENT ASSETS 311,961.43 0.00 4,050,942.90 TOTAL CURRENT ASSETS 10,456,151.83 37,211,965.23 76,847,710.40 REGULATORY ASSETS REGULATORY ASSETS 11,956,112.00 33,383,058.00 7,484,295.43 FAS109 DFIT RECLASS (A/C 254) (407,080.00) (53,905,505.00) (7,468,356.00) NET REGULATORY ASSETS 11,549,032.00 (20,522,447.00) 15,939.43 DEFERRED CHARGES CLEARING ACCOUNTS 10,484.67 (2,530.26) 3,533.72 UNAMORTIZED DEBT EXPENSE 0.00 204,173.00 46,922.45 OTHER DEFERRED DEBITS 1,612,570.57 615,194.51 695,450.85 TOTAL DEFERRED CHARGES 1,623,055.24 816,837.25 745,907.02 TOTAL ASSETS 86,433,096.24 362,539,997.30 344,172,827.59 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 2,428,460.00 1,000,000.00 1,350,000.00 PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 PAID-IN CAPITAL 15,595,573.00 29,235,000.00 0.00 RETAINED EARNINGS 7,790,690.63 3,672,842.69 (0.00) COMMON SHAREHOLDERS' EQUITY 25,814,723.63 33,907,842.69 1,350,000.00 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 10,000,000.00 (200,165.00) 59,100,000.00 TOTAL CAPITALIZATION 35,814,723.63 33,707,677.69 60,450,000.00 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 3,579,597.29 591,812.64 47,744,541.86 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 2,816,724.37 0.00 91,432,858.92 TOTAL OTH NONCURRENT LIAB'S 6,396,321.66 591,812.64 139,177,400.78 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 11,000,000.00 45,000,000.00 2,000,000.00 SHORT-TERM DEBT 3,000,000.00 24,700,000.00 39,900,000.00 A/P - GENERAL 225,257.85 7,539,011.09 11,770,827.08 A/P- ASSOC. COS. 8,951,107.51 9,617,589.44 14,813,206.92 CUSTOMER DEPOSITS 298,523.67 0.00 0.00 TAXES ACCRUED 2,705,153.72 4,285,182.00 16,266.62 INTEREST ACCRUED 497,140.24 168,340.95 775,759.47 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 633,364.90 275,624.10 21,144,397.70 OTHR CURR & ACCRUED LIAB 1,053,010.78 9,281,332.39 76,255,842.95 TOTAL CURRENT LIABILITIES 28,363,558.67 100,867,079.97 166,676,300.74 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 18,135,370.00 121,891,971.00 31,224,643.00 DFIT & DSIT RECLASS (A/C 190) (3,462,077.00) (85,392,336.00) (55,870,162.00) NET DEFERRED INCOME TAXES 14,673,293.00 36,499,635.00 (24,645,519.00) DEF INVESTMENT TAX CREDITS 487,913.00 63,114,562.00 952,702.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 652,914.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 652,914.00 0.00 0.00 DEFERRED CREDITS 44,372.28 127,759,230.00 1,561,943.07 TOTAL DEF CREDITS & REG LIAB'S 15,858,492.28 227,373,427.00 (22,130,873.93) TOTAL CAPITAL & LIABILITIES 86,433,096.24 362,539,997.30 344,172,827.59
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 DESCRIPTION CCCO FRECO IFRI ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 0.00 TRANSMISSION 0.00 0.00 0.00 DISTRIBUTION 0.00 0.00 0.00 GENERAL 0.00 0.00 0.00 CONSTRUCTION WORK IN PROGRESS 0.00 0.00 0.00 TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 0.00 NET ELECTRIC UTILITY PLANT 0.00 0.00 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 700,846.00 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 1,000.00 0.00 TOTAL OTHER INVESTMENTS 0.00 14.00 14.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 700,846.00 1,014.00 14.00 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 53,960.76 4,248.53 73,750.14 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 6,395.31 0.00 0.00 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 268,650.14 70,557.27 62,122.33 FUEL 0.00 0.00 0.00 MATERIALS & SUPPLIES 0.00 0.00 0.00 ACCRUED UTILITY REVENUES 0.00 0.00 0.00 PREPAYMENTS 0.00 0.00 0.00 OTHER CURRENT ASSETS 2,728.00 0.00 0.00 TOTAL CURRENT ASSETS 331,734.21 74,805.80 135,872.47 REGULATORY ASSETS REGULATORY ASSETS 0.00 0.00 0.00 FAS109 DFIT RECLASS (A/C 254) (85,000.00) 0.00 0.00 NET REGULATORY ASSETS (85,000.00) 0.00 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 0.00 0.00 UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 OTHER DEFERRED DEBITS 34.69 0.00 436.00 TOTAL DEFERRED CHARGES 34.69 0.00 436.00 TOTAL ASSETS 947,614.90 75,819.80 136,322.47 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 3,000.00 10,000.00 1,000.00 PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 PAID-IN CAPITAL 1,204,736.00 0.00 0.00 RETAINED EARNINGS 0.00 19,968.85 0.00 COMMON SHAREHOLDERS' EQUITY 1,207,736.00 29,968.85 1,000.00 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 TOTAL CAPITALIZATION 1,207,736.00 29,968.85 1,000.00 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 215,731.23 0.00 0.00 TOTAL OTH NONCURRENT LIAB'S 215,731.23 0.00 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 SHORT-TERM DEBT 0.00 0.00 0.00 A/P - GENERAL (50,552.56) 261.47 0.00 A/P- ASSOC. COS. 80,329.39 40,263.34 135,308.47 CUSTOMER DEPOSITS 0.00 0.00 0.00 TAXES ACCRUED 9,643.00 5,312.14 0.00 INTEREST ACCRUED 0.00 0.00 0.00 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 OTHR CURR & ACCRUED LIAB 9,136.97 0.00 0.00 TOTAL CURRENT LIABILITIES 48,556.80 45,836.95 135,308.47 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 30,643.00 0.00 0.00 DFIT & DSIT RECLASS (A/C 190) (571,625.00) 0.00 0.00 NET DEFERRED INCOME TAXES (540,982.00) 0.00 0.00 DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 16,880.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 16,880.00 0.00 0.00 DEFERRED CREDITS (307.13) 14.00 14.00 TOTAL DEF CREDITS & REG LIAB'S (524,409.13) 14.00 14.00 TOTAL CAPITAL & LIABILITIES 947,614.90 75,819.80 136,322.47
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 DESCRIPTION AEPPM AEPES AEPINV ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 0.00 TRANSMISSION 0.00 0.00 0.00 DISTRIBUTION 0.00 0.00 0.00 GENERAL 0.00 902,914.21 0.00 CONSTRUCTION WORK IN PROGRESS 0.00 1,871,691.76 0.00 TOTAL ELECTRIC UTILITY PLANT 0.00 2,774,605.97 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 (194,043.19) 0.00 NET ELECTRIC UTILITY PLANT 0.00 2,580,562.78 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 0.00 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 TOTAL OTHER INVESTMENTS 0.00 32,902,540.93 8,432,984.21 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 0.00 32,902,540.93 8,432,984.21 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 0.00 23,424,431.27 60,098.58 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 6,047.83 0.00 ACCOUNTS RECEIVABLE - MISC 0.00 204,413,750.41 0.00 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 (130,378.12) 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 100.00 86,250,532.54 21,196.17 FUEL 0.00 25,712,162.95 0.00 MATERIALS & SUPPLIES 0.00 0.00 0.00 ACCRUED UTILITY REVENUES 0.00 0.00 0.00 PREPAYMENTS 0.00 31,540.05 0.00 OTHER CURRENT ASSETS 0.00 500,373,067.50 0.00 TOTAL CURRENT ASSETS 100.00 840,081,154.43 81,294.75 REGULATORY ASSETS REGULATORY ASSETS 0.00 0.00 0.00 FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 NET REGULATORY ASSETS 0.00 0.00 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 49.00 0.00 UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 OTHER DEFERRED DEBITS 0.00 1,505,555.31 83.97 TOTAL DEFERRED CHARGES 0.00 1,505,604.31 83.97 TOTAL ASSETS 100.00 877,069,862.45 8,514,362.93 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 100.00 200.00 100.00 PREMIUM ON CAPITAL STOCK 0.00 0.00 9,900.00 PAID-IN CAPITAL 0.00 19,228,351.05 22,924,295.20 RETAINED EARNINGS (152.00) (50,237,325.79) (9,756,988.87) COMMON SHAREHOLDERS' EQUITY (52.00) (31,008,774.74) 13,177,306.33 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 TOTAL CAPITALIZATION (52.00) (31,008,774.74) 13,177,306.33 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 0.00 1,613,890.33 0.00 TOTAL OTH NONCURRENT LIAB'S 0.00 1,613,890.33 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 SHORT-TERM DEBT 0.00 108,175,000.00 0.00 A/P - GENERAL 0.00 227,461,620.42 0.00 A/P- ASSOC. COS. 235.00 64,526,372.95 211,266.60 CUSTOMER DEPOSITS 0.00 150,000.00 0.00 TAXES ACCRUED 0.00 801,219.81 (37,222.00) INTEREST ACCRUED 0.00 134,086.14 0.00 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 OTHR CURR & ACCRUED LIAB 0.00 486,889,167.02 0.00 TOTAL CURRENT LIABILITIES 235.00 888,137,466.34 174,044.60 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 0.00 18,405,149.00 (1,855.00) DFIT & DSIT RECLASS (A/C 190) (83.00) (16,870,416.00) (4,835,133.00) NET DEFERRED INCOME TAXES (83.00) 1,534,733.00 (4,836,988.00) DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 DEFERRED CREDITS 0.00 16,792,547.52 0.00 TOTAL DEF CREDITS & REG LIAB'S (83.00) 18,327,280.52 (4,836,988.00) TOTAL CAPITAL & LIABILITIES 100.00 877,069,862.45 8,514,362.93
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 AEPR AEPC DESCRIPTION CONSOLIDATED AEPRESC CONSOLIDATED ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 190,906,203.38 0.00 (143,613.88) TRANSMISSION 150,759,761.68 0.00 0.00 DISTRIBUTION 430,346,237.73 0.00 0.00 GENERAL 204,300,464.91 157,280.93 59,246,775.32 CONSTRUCTION WORK IN PROGRESS 52,114,423.77 0.00 9,821,023.44 TOTAL ELECTRIC UTILITY PLANT 1,028,427,091.47 157,280.93 68,924,184.88 LESS ACCUM PRV-DEPR,DEPL,AMORT (77,537,117.91) (29,267.88) (4,753,865.04) NET ELECTRIC UTILITY PLANT 950,889,973.56 128,013.05 64,170,319.84 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 0.00 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 432,887,395.82 0.00 6,412,496.48 TOTAL OTHER INVESTMENTS 826,105,097.11 336,000.00 0.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 1,258,992,492.93 336,000.00 6,412,496.48 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 49,679,028.74 8,269.25 1,860,422.08 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 64,987,545.50 2,808,578.82 4,480,622.46 A/P FOR UNCOLLECTIBLE ACCOUNTS (1,792,791.37) 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 71,200,762.18 9,025,487.56 942,532.02 FUEL 76,699.65 0.00 0.00 MATERIALS & SUPPLIES 7,655,703.46 1,792.14 2,516,445.82 ACCRUED UTILITY REVENUES 35,331,992.81 0.00 0.00 PREPAYMENTS 723,908.17 45,467.42 2,757.24 OTHER CURRENT ASSETS 4,662,585.03 0.00 0.00 TOTAL CURRENT ASSETS 232,525,434.17 11,889,595.19 9,802,779.62 REGULATORY ASSETS REGULATORY ASSETS 0.00 0.00 0.00 FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 NET REGULATORY ASSETS 0.00 0.00 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 0.00 0.00 UNAMORTIZED DEBT EXPENSE 351,788.36 0.00 0.00 OTHER DEFERRED DEBITS 16,049,343.00 10,977,989.80 2,024,989.88 TOTAL DEFERRED CHARGES 16,401,131.36 10,977,989.80 2,024,989.88 TOTAL ASSETS 2,458,809,032.02 23,331,598.04 82,410,585.82 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 100.00 110,000.00 100.00 PREMIUM ON CAPITAL STOCK 9,900.00 0.00 9,900.00 PAID-IN CAPITAL 295,610,851.28 3,890,000.00 27,450,000.00 RETAINED EARNINGS (34,639,938.20) (2,739,882.86) (14,860,938.51) COMMON SHAREHOLDERS' EQUITY 260,980,913.08 1,260,117.14 12,599,061.49 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 1,237,245,904.65 0.00 30,000,000.00 TOTAL CAPITALIZATION 1,498,226,817.73 1,260,117.14 42,599,061.49 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 0.00 15,914,834.77 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 3,763,128.00 31,118.08 0.00 TOTAL OTH NONCURRENT LIAB'S 3,763,128.00 31,118.08 15,914,834.77 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 607,402,551.46 0.00 0.00 SHORT-TERM DEBT 3,300,000.00 14,550,000.00 5,500,000.00 A/P - GENERAL 74,343,034.18 64,589.09 3,674,181.47 A/P- ASSOC. COS. 94,439,425.41 5,981,754.10 4,648,586.66 CUSTOMER DEPOSITS 0.00 0.00 0.00 TAXES ACCRUED (9,697,212.16) 276,034.61 808,640.12 INTEREST ACCRUED 7,131,681.75 15,842.91 136,860.29 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 OTHR CURR & ACCRUED LIAB 10,549,864.86 581,887.39 490,657.36 TOTAL CURRENT LIABILITIES 787,469,345.50 21,470,108.10 15,258,925.90 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 134,130,621.91 5,791.00 3,675,936.00 DFIT & DSIT RECLASS (A/C 190) (30,305,755.56) (268,933.00) (2,011,279.00) NET DEFERRED INCOME TAXES 103,824,866.35 (263,142.00) 1,664,657.00 DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 DEFERRED CREDITS 65,524,874.44 833,396.72 6,973,106.66 TOTAL DEF CREDITS & REG LIAB'S 169,349,740.79 570,254.72 8,637,763.66 TOTAL CAPITAL & LIABILITIES 2,458,809,032.02 23,331,598.04 82,410,585.82
APPALACHIAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 APCO APCO DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 2,014,967,822.99 0.00 2,014,967,822.99 0.00 TRANSMISSION 1,151,377,374.64 0.00 1,151,377,374.64 0.00 DISTRIBUTION 1,741,684,946.67 0.00 1,741,684,946.67 0.00 GENERAL 247,797,521.84 0.00 247,797,521.84 0.00 CONSTRUCTION WORK IN PROGRESS 107,123,288.81 0.00 107,123,288.81 0.00 TOTAL ELECTRIC UTILITY PLANT 5,262,950,954.95 0.00 5,262,950,954.95 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT (2,079,490,442.83) 0.00 (2,079,490,442.83) 0.00 NET ELECTRIC UTILITY PLANT 3,183,460,512.12 0.00 3,183,460,512.12 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 21,379,608.54 0.00 20,326,155.54 0.00 INVEST IN SUBSIDIARY & ASSOC 603,868.00 (20,159,854.78) 20,763,722.78 0.00 TOTAL OTHER INVESTMENTS 138,562,641.53 0.00 125,691,758.53 489,095.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 160,546,118.07 (20,159,854.78) 166,781,636.85 489,095.00 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 64,828,220.94 0.00 60,558,727.42 45,342.84 ACCOUNTS RECEIVABLE-CUSTOMERS 109,525,499.55 0.00 109,525,499.55 0.00 ACCOUNTS RECEIVABLE - MISC 9,153,520.01 0.00 6,329,565.89 73,341.85 A/P FOR UNCOLLECTIBLE ACCOUNTS (2,609,110.86) 0.00 (2,609,110.86) 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 37,826,721.76 (11,455,580.77) 37,800,412.82 2,046,407.99 FUEL 58,160,943.93 0.00 58,160,943.93 0.00 MATERIALS & SUPPLIES 56,916,903.63 0.00 56,916,903.63 0.00 ACCRUED UTILITY REVENUES 53,418,034.00 0.00 53,418,034.00 0.00 PREPAYMENTS 5,384,660.19 0.00 5,384,600.19 0.00 OTHER CURRENT ASSETS 146,105,265.49 0.00 145,238,439.49 0.00 TOTAL CURRENT ASSETS 538,710,658.64 (11,455,580.77) 530,724,016.06 2,165,092.68 REGULATORY ASSETS REGULATORY ASSETS 489,326,185.63 0.00 488,773,157.63 0.00 FAS109 DFIT RECLASS (A/C 254) (52,431,727.00) 0.00 (50,298,880.00) (310,000.00) NET REGULATORY ASSETS 436,894,458.63 0.00 438,474,277.63 (310,000.00) DEFERRED CHARGES CLEARING ACCOUNTS (78,330.28) 0.00 (78,330.28) 0.00 UNAMORTIZED DEBT EXPENSE 4,584,890.25 0.00 4,584,890.25 0.00 OTHER DEFERRED DEBITS 30,281,792.76 (413,306.27) 30,694,360.68 0.00 TOTAL DEFERRED CHARGES 34,788,352.73 (413,306.27) 35,200,920.65 0.00 TOTAL ASSETS 4,354,400,100.19 (32,028,741.82) 4,354,641,363.31 2,344,187.68 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 260,457,768.00 (210,050.00) 260,457,768.00 3,000.00 PREMIUM ON CAPITAL STOCK 792,887.98 (10,300,000.03) 792,887.98 0.00 PAID-IN CAPITAL 713,465,688.50 (5,813,293.00) 713,465,688.50 449,990.00 RETAINED EARNINGS 175,854,480.59 (3,846,510.78) 175,854,480.59 267,904.00 COMMON SHAREHOLDERS' EQUITY 1,150,570,825.07 (20,169,853.81) 1,150,570,825.07 720,894.00 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 20,310,000.00 0.00 20,310,000.00 0.00 PS NOT SUBJ MANDATORY REDEMP 18,491,600.00 0.00 18,491,600.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 1,539,301,849.67 0.00 1,539,301,849.67 0.00 TOTAL CAPITALIZATION 2,728,674,274.74 (20,169,853.81) 2,728,674,274.74 720,894.00 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 52,009,161.42 0.00 52,009,161.42 0.00 ACCUM PROVISIONS-RATE REFUND 4,818,288.00 0.00 4,818,288.00 0.00 ACCUMULATED PROVISIONS - MISC 75,303,049.29 0.00 63,832,329.87 2,463,015.88 TOTAL OTH NONCURRENT LIAB'S 132,130,498.71 0.00 120,659,779.29 2,463,015.88 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 126,004,867.24 0.00 126,004,867.24 0.00 SHORT-TERM DEBT 123,480,000.00 0.00 123,480,000.00 0.00 A/P - GENERAL 59,150,106.72 0.00 59,146,563.51 0.00 A/P- ASSOC. COS. 42,458,795.66 (11,858,888.01) 53,083,736.17 48,446.80 CUSTOMER DEPOSITS 12,897,677.93 0.00 12,897,677.93 0.00 TAXES ACCRUED 49,037,700.76 0.00 47,031,926.76 203,022.00 INTEREST ACCRUED 19,079,385.85 0.00 19,079,385.85 0.00 DIVIDENDS DECLARED 527,979.75 0.00 527,979.75 0.00 OBLIG UNDER CAP LEASES- CURR 12,635,524.37 0.00 12,635,524.37 0.00 OTHR CURR & ACCRUED LIAB 198,159,685.78 0.00 196,844,516.02 271,678.00 TOTAL CURRENT LIABILITIES 643,431,724.06 (11,858,888.01) 650,732,177.60 523,146.80 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 844,955,072.00 0.00 843,335,656.00 108,500.00 DFIT & DSIT RECLASS (A/C 190) (173,038,514.00) 0.00 (165,140,305.00) (1,471,369.00) NET DEFERRED INCOME TAXES 671,916,558.00 0.00 678,195,351.00 (1,362,869.00) DEF INVESTMENT TAX CREDITS 57,259,100.00 0.00 57,259,100.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 34,675,786.00 0.00 34,675,786.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 45,306,541.33 0.00 44,214,277.33 0.00 UNAMORT GAIN REACQUIRED DEBT 329,573.28 0.00 329,573.28 0.00 TOTAL REGULATORY LIABILITIES 80,311,900.61 0.00 79,219,636.61 0.00 DEFERRED CREDITS 40,676,044.07 0.00 39,901,044.07 0.00 TOTAL DEF CREDITS & REG LIAB'S 850,163,602.68 0.00 854,575,131.68 (1,362,869.00) TOTAL CAPITAL & LIABILITIES 4,354,400,100.19 (32,028,741.82) 4,354,641,363.31 2,344,187.68
APPALACHIAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 DESCRIPTION CECCO SACCO WVPCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 0.00 TRANSMISSION 0.00 0.00 0.00 DISTRIBUTION 0.00 0.00 0.00 GENERAL 0.00 0.00 0.00 CONSTRUCTION WORK IN PROGRESS 0.00 0.00 0.00 TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 0.00 NET ELECTRIC UTILITY PLANT 0.00 0.00 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 0.00 1,043,826.00 9,627.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 TOTAL OTHER INVESTMENTS 6,190,894.00 6,190,894.00 0.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 6,190,894.00 7,234,720.00 9,627.00 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 507,656.25 3,473,319.98 243,174.45 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 1,258,421.10 1,491,441.11 750.06 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 9,259,273.34 175,838.38 370.00 FUEL 0.00 0.00 0.00 MATERIALS & SUPPLIES 0.00 0.00 0.00 ACCRUED UTILITY REVENUES 0.00 0.00 0.00 PREPAYMENTS 0.00 0.00 60.00 OTHER CURRENT ASSETS 866,826.00 0.00 0.00 TOTAL CURRENT ASSETS 11,892,176.69 5,140,599.47 244,354.51 REGULATORY ASSETS REGULATORY ASSETS 344.00 552,684.00 0.00 FAS109 DFIT RECLASS (A/C 254) (974,000.00) (848,847.00) 0.00 NET REGULATORY ASSETS (973,656.00) (296,163.00) 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 0.00 0.00 UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 OTHER DEFERRED DEBITS 0.00 0.00 738.35 TOTAL DEFERRED CHARGES 0.00 0.00 738.35 TOTAL ASSETS 17,109,414.69 12,079,156.47 254,719.86 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 200,000.00 6,950.00 100.00 PREMIUM ON CAPITAL STOCK 0.00 10,300,000.03 0.00 PAID-IN CAPITAL 5,168,403.00 0.00 194,900.00 RETAINED EARNINGS 2,369,948.92 1,151,921.00 56,736.86 COMMON SHAREHOLDERS' EQUITY 7,738,351.92 11,458,871.03 251,736.86 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 TOTAL CAPITALIZATION 7,738,351.92 11,458,871.03 251,736.86 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 8,349,265.67 658,437.87 0.00 TOTAL OTH NONCURRENT LIAB'S 8,349,265.67 658,437.87 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 SHORT-TERM DEBT 0.00 0.00 0.00 A/P - GENERAL 3,543.21 0.00 0.00 A/P- ASSOC. COS. 633,380.13 552,120.57 0.00 CUSTOMER DEPOSITS 0.00 0.00 0.00 TAXES ACCRUED 2,395,046.00 (595,277.00) 2,983.00 INTEREST ACCRUED 0.00 0.00 0.00 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 OTHR CURR & ACCRUED LIAB 980,015.76 63,476.00 0.00 TOTAL CURRENT LIABILITIES 4,011,985.10 20,319.57 2,983.00 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 702,032.00 808,884.00 0.00 DFIT & DSIT RECLASS (A/C 190) (4,784,484.00) (1,642,356.00) 0.00 NET DEFERRED INCOME TAXES (4,082,452.00) (833,472.00) 0.00 DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 1,092,264.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 1,092,264.00 0.00 0.00 DEFERRED CREDITS 0.00 775,000.00 0.00 TOTAL DEF CREDITS & REG LIAB'S (2,990,188.00) (58,472.00) 0.00 TOTAL CAPITAL & LIABILITIES 17,109,414.69 12,079,156.47 254,719.86
COLUMBUS SOUTHERN POWER, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 CSPCO CSPCO DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 1,544,858,122.30 0.00 1,544,858,122.30 TRANSMISSION 350,825,566.84 0.00 350,825,566.84 DISTRIBUTION 1,032,550,465.42 0.00 1,032,550,465.42 GENERAL 141,136,995.37 0.00 137,107,874.19 CONSTRUCTION WORK IN PROGRESS 82,248,270.37 0.00 82,253,554.37 TOTAL ELECTRIC UTILITY PLANT 3,151,619,420.30 0.00 3,147,595,583.12 LESS ACCUM PRV-DEPR,DEPL,AMORT (1,210,993,938.71) 0.00 (1,208,941,965.42) NET ELECTRIC UTILITY PLANT 1,940,625,481.59 0.00 1,938,653,617.70 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 23,627,712.82 0.00 21,654,113.31 INVEST IN SUBSIDIARY & ASSOC 430,000.00 (3,887,434.60) 4,317,434.60 TOTAL OTHER INVESTMENTS 77,200,093.31 0.00 76,346,791.57 TOTAL OTHER SPECIAL FUNDS 27,738.00 0.00 27,738.00 TOTAL OTHER PROP AND INVSTMNTS 101,285,544.13 (3,887,434.60) 102,346,077.48 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 5,107,103.27 0.00 4,579,990.45 ACCOUNTS RECEIVABLE-CUSTOMERS 77,417,655.57 0.00 77,417,655.57 ACCOUNTS RECEIVABLE - MISC 8,886,749.59 0.00 8,836,309.73 A/P FOR UNCOLLECTIBLE ACCOUNTS (3,044,580.32) 0.00 (3,044,580.32) ACCOUNTS RECEIVABLE- ASSOC COS 28,452,898.12 (6,487,117.43) 34,247,533.27 FUEL 21,484,080.66 0.00 21,484,080.66 MATERIALS & SUPPLIES 41,696,103.69 0.00 40,796,662.64 ACCRUED UTILITY REVENUES 48,117,440.00 0.00 48,117,440.00 PREPAYMENTS 32,834,203.50 0.00 32,800,832.50 OTHER CURRENT ASSETS 95,237,692.60 0.00 95,231,972.60 TOTAL CURRENT ASSETS 356,189,346.68 (6,487,117.43) 360,467,897.10 REGULATORY ASSETS REGULATORY ASSETS 369,153,581.33 0.00 368,830,193.33 FAS109 DFIT RECLASS (A/C 254) (30,050,306.00) 0.00 (30,050,306.00) NET REGULATORY ASSETS 339,103,275.33 0.00 338,779,887.33 DEFERRED CHARGES CLEARING ACCOUNTS 267,123.37 0.00 278,084.56 UNAMORTIZED DEBT EXPENSE 2,136,270.38 0.00 2,136,270.38 OTHER DEFERRED DEBITS 70,383,309.12 (44,947.54) 70,228,806.10 TOTAL DEFERRED CHARGES 72,786,702.87 (44,947.54) 72,643,161.04 TOTAL ASSETS 2,809,990,350.60 (10,419,499.57) 2,812,890,640.65 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 41,026,065.00 (1,609,000.00) 41,026,065.00 PREMIUM ON CAPITAL STOCK 257,892,417.78 (30,000.00) 257,892,417.78 PAID-IN CAPITAL 314,980,380.03 (740,404.00) 314,980,380.03 RETAINED EARNINGS 246,583,844.18 (1,508,030.94) 246,583,844.18 COMMON SHAREHOLDERS' EQUITY 860,482,706.99 (3,887,434.94) 860,482,706.99 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 25,000,000.00 0.00 25,000,000.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 924,545,093.06 0.00 924,545,093.06 TOTAL CAPITALIZATION 1,810,027,800.05 (3,887,434.94) 1,810,027,800.05 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 33,030,362.81 0.00 32,663,884.81 ACCUM PROVISIONS-RATE REFUND 2,356,752.00 0.00 2,356,752.00 ACCUMULATED PROVISIONS - MISC 7,668,710.69 0.00 6,006,600.29 TOTAL OTH NONCURRENT LIAB'S 43,055,825.50 0.00 41,027,237.10 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 SHORT-TERM DEBT 45,500,000.00 0.00 45,500,000.00 A/P - GENERAL 28,278,969.11 0.00 28,151,443.97 A/P- ASSOC. COS. 52,775,889.50 (6,532,064.63) 58,732,956.42 CUSTOMER DEPOSITS 5,119,665.06 0.00 5,119,665.06 TAXES ACCRUED 143,476,668.16 0.00 143,288,525.81 INTEREST ACCRUED 13,936,216.55 0.00 13,936,216.55 DIVIDENDS DECLARED 437,500.00 0.00 437,500.00 OBLIG UNDER CAP LEASES- CURR 7,239,252.81 0.00 7,009,796.81 OTHR CURR & ACCRUED LIAB 109,489,796.34 0.00 109,137,946.36 TOTAL CURRENT LIABILITIES 406,253,957.53 (6,532,064.63) 411,314,050.98 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 527,117,939.00 0.00 526,866,384.00 DFIT & DSIT RECLASS (A/C 190) (79,510,257.00) 0.00 (78,608,406.00) NET DEFERRED INCOME TAXES 447,607,682.00 0.00 448,257,978.00 DEF INVESTMENT TAX CREDITS 44,716,030.00 0.00 44,687,604.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 1,709,124.37 0.00 1,709,124.37 SFAS 106 - OPEB 4,285,711.45 0.00 4,285,711.45 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 31,626,485.15 0.00 31,626,485.15 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 37,621,320.97 0.00 37,621,320.97 DEFERRED CREDITS 20,707,734.55 0.00 19,954,649.55 TOTAL DEF CREDITS & REG LIAB'S 550,652,767.52 0.00 550,521,552.52 TOTAL CAPITAL & LIABILITIES 2,809,990,350.60 (10,419,499.57) 2,812,890,640.65
COLUMBUS SOUTHERN POWER, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 DESCRIPTION COLM CCPC SIMCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 0.00 TRANSMISSION 0.00 0.00 0.00 DISTRIBUTION 0.00 0.00 0.00 GENERAL 0.00 2,207,745.00 1,821,376.18 CONSTRUCTION WORK IN PROGRESS 0.00 (5,284.00) 0.00 TOTAL ELECTRIC UTILITY PLANT 0.00 2,202,461.00 1,821,376.18 LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 (663,488.00) (1,388,485.29) NET ELECTRIC UTILITY PLANT 0.00 1,538,973.00 432,890.89 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 1,973,599.51 0.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 TOTAL OTHER INVESTMENTS 0.00 853,301.74 0.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 1,973,599.51 853,301.74 0.00 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 159,973.63 11,139.45 355,999.74 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 32,157.56 10,083.30 8,199.00 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS (12,492.54) 722,647.12 (17,672.30) FUEL 0.00 0.00 0.00 MATERIALS & SUPPLIES 0.00 899,441.05 0.00 ACCRUED UTILITY REVENUES 0.00 0.00 0.00 PREPAYMENTS 16,062.00 6,907.00 10,402.00 OTHER CURRENT ASSETS 0.00 5,720.00 0.00 TOTAL CURRENT ASSETS 195,700.65 1,655,937.92 356,928.44 REGULATORY ASSETS REGULATORY ASSETS 0.00 323,388.00 0.00 FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 NET REGULATORY ASSETS 0.00 323,388.00 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 (10,961.19) 0.00 UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 OTHER DEFERRED DEBITS 174,340.76 25,109.74 0.06 TOTAL DEFERRED CHARGES 174,340.76 14,148.55 0.06 TOTAL ASSETS 2,343,640.92 4,385,749.21 789,819.39 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 1,500,000.00 100,000.00 9,000.00 PREMIUM ON CAPITAL STOCK 30,000.00 0.00 0.00 PAID-IN CAPITAL 0.00 400,000.00 340,404.00 RETAINED EARNINGS 419,864.64 959,983.00 128,183.30 COMMON SHAREHOLDERS' EQUITY 1,949,864.64 1,459,983.00 477,587.30 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 TOTAL CAPITALIZATION 1,949,864.64 1,459,983.00 477,587.30 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 366,478.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 0.00 1,662,110.40 0.00 TOTAL OTH NONCURRENT LIAB'S 0.00 2,028,588.40 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 SHORT-TERM DEBT 0.00 0.00 0.00 A/P - GENERAL 0.00 127,525.14 0.00 A/P- ASSOC. COS. 129,969.49 395,460.51 49,567.71 CUSTOMER DEPOSITS 0.00 0.00 0.00 TAXES ACCRUED 134,082.29 32,079.68 21,980.38 INTEREST ACCRUED 0.00 0.00 0.00 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 229,456.00 0.00 OTHR CURR & ACCRUED LIAB 7.50 351,842.48 0.00 TOTAL CURRENT LIABILITIES 264,059.28 1,136,363.81 71,548.09 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 0.00 126,839.00 124,716.00 DFIT & DSIT RECLASS (A/C 190) 0.00 (839,393.00) (62,458.00) NET DEFERRED INCOME TAXES 0.00 (712,554.00) 62,258.00 DEF INVESTMENT TAX CREDITS 0.00 0.00 28,426.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 DEFERRED CREDITS 129,717.00 473,368.00 150,000.00 TOTAL DEF CREDITS & REG LIAB'S 129,717.00 (239,186.00) 240,684.00 TOTAL CAPITAL & LIABILITIES 2,343,640.92 4,385,749.21 789,819.39
INDIANA MICHIGAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 I&M I&M DESCRIPTION CONSOLIDATED ELIMINATIONS I&M ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 2,587,287,724.37 0.00 2,587,287,724.37 TRANSMISSION 928,758,375.01 0.00 928,758,375.01 DISTRIBUTION 818,696,401.43 0.00 818,696,401.43 GENERAL 244,981,304.85 0.00 244,981,304.85 CONSTRUCTION WORK IN PROGRESS 190,302,880.21 0.00 190,302,880.21 TOTAL ELECTRIC UTILITY PLANT 4,770,026,685.87 0.00 4,770,026,685.87 LESS ACCUM PRV-DEPR,DEPL,AMORT (2,194,396,923.10) 0.00 (2,194,396,923.10) NET ELECTRIC UTILITY PLANT 2,575,629,762.77 0.00 2,575,629,762.77 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 86,459,992.92 0.00 50,513,650.92 INVEST IN SUBSIDIARY & ASSOC 0.00 (56,983,214.00) 56,983,214.00 TOTAL OTHER INVESTMENTS 127,110,732.12 0.00 111,736,190.12 TOTAL OTHER SPECIAL FUNDS 708,054,175.84 0.00 708,054,175.84 TOTAL OTHER PROP AND INVSTMNTS 921,624,900.88 (56,983,214.00) 927,287,230.88 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 3,862,556.35 0.00 3,281,276.12 ACCOUNTS RECEIVABLE-CUSTOMERS 91,268,398.01 0.00 91,268,398.01 ACCOUNTS RECEIVABLE - MISC 18,644,449.44 0.00 11,258,585.35 A/P FOR UNCOLLECTIBLE ACCOUNTS (1,848,365.38) 0.00 (1,848,365.38) ACCOUNTS RECEIVABLE- ASSOC COS 48,901,005.76 (69,084.29) 48,894,319.51 FUEL 27,596,916.94 0.00 27,596,916.94 MATERIALS & SUPPLIES 84,148,921.14 0.00 84,148,921.14 ACCRUED UTILITY REVENUES 44,427,559.00 0.00 44,427,559.00 PREPAYMENTS 6,540,020.73 0.00 6,540,020.73 OTHER CURRENT ASSETS 99,037,944.56 0.00 98,938,020.56 TOTAL CURRENT ASSETS 422,579,406.55 (69,084.29) 414,505,651.98 REGULATORY ASSETS REGULATORY ASSETS 731,504,699.69 0.00 728,750,788.69 FAS109 DFIT RECLASS (A/C 254) (106,694,868.00) 0.00 (106,715,804.00) NET REGULATORY ASSETS 624,809,831.69 0.00 622,034,984.69 DEFERRED CHARGES CLEARING ACCOUNTS 292,674.84 0.00 292,674.84 UNAMORTIZED DEBT EXPENSE 3,664,252.26 0.00 3,664,252.26 OTHER DEFERRED DEBITS 28,094,970.05 1,186.31 28,093,783.74 TOTAL DEFERRED CHARGES 32,051,897.15 1,186.31 32,050,710.84 TOTAL ASSETS 4,576,695,799.04 (57,051,111.98) 4,571,508,341.16 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 56,583,866.43 (39,548,275.00) 56,583,866.43 PREMIUM ON CAPITAL STOCK 4,325,759.12 0.00 4,325,759.12 PAID-IN CAPITAL 728,414,001.30 (1,303,000.00) 728,414,001.30 RETAINED EARNINGS 166,388,687.17 (16,131,939.00) 166,388,687.17 COMMON SHAREHOLDERS' EQUITY 955,712,314.02 (56,983,214.00) 955,712,314.02 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 64,945,000.00 0.00 64,945,000.00 PS NOT SUBJ MANDATORY REDEMP 9,248,200.00 0.00 9,248,200.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 1,126,325,960.51 0.00 1,126,325,960.51 TOTAL CAPITALIZATION 2,156,231,474.53 (56,983,214.00) 2,156,231,474.53 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 176,892,897.50 0.00 176,892,897.50 ACCUM PROVISIONS-RATE REFUND 4,588,483.00 0.00 4,588,483.00 ACCUMULATED PROVISIONS - MISC 562,225,576.09 0.00 561,627,548.09 TOTAL OTH NONCURRENT LIAB'S 743,706,956.59 0.00 743,108,928.59 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 198,000,000.00 0.00 198,000,000.00 SHORT-TERM DEBT 224,262,000.00 0.00 224,262,000.00 A/P - GENERAL 78,784,463.59 0.00 78,784,463.59 A/P- ASSOC. COS. 31,117,684.96 (40,586.59) 30,955,339.49 CUSTOMER DEPOSITS 8,303,763.06 0.00 8,303,763.06 TAXES ACCRUED 48,969,630.92 0.00 48,960,389.92 INTEREST ACCRUED 13,955,147.74 0.00 13,955,147.74 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 11,071,621.87 0.00 11,071,621.87 OTHR CURR & ACCRUED LIAB 178,944,628.50 0.00 178,938,211.09 TOTAL CURRENT LIABILITIES 793,408,940.64 (40,586.59) 793,230,936.76 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 853,486,553.00 0.00 849,134,645.00 DFIT & DSIT RECLASS (A/C 190) (231,329,456.00) 0.00 (225,828,557.00) NET DEFERRED INCOME TAXES 622,157,097.00 0.00 623,306,088.00 DEF INVESTMENT TAX CREDITS 121,626,632.00 0.00 121,626,632.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 16,968,575.84 0.00 16,960,500.84 UNAMORT GAIN REACQUIRED DEBT 269,859.60 0.00 269,859.60 TOTAL REGULATORY LIABILITIES 17,238,435.44 0.00 17,230,360.44 DEFERRED CREDITS 122,326,262.84 (27,311.39) 116,773,920.84 TOTAL DEF CREDITS & REG LIAB'S 883,348,427.28 (27,311.39) 878,937,001.28 TOTAL CAPITAL & LIABILITIES 4,576,695,799.04 (57,051,111.98) 4,571,508,341.16
INDIANA MICHIGAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEET DECEMBER 31, 1999 DESCRIPTION BHCCO PRCCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 TRANSMISSION 0.00 0.00 DISTRIBUTION 0.00 0.00 GENERAL 0.00 0.00 CONSTRUCTION WORK IN PROGRESS 0.00 0.00 TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 NET ELECTRIC UTILITY PLANT 0.00 0.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 35,946,342.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 TOTAL OTHER INVESTMENTS 15,374,542.00 0.00 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 51,320,884.00 0.00 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 581,280.23 0.00 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 7,385,864.09 0.00 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 48,459.15 27,311.39 FUEL 0.00 0.00 MATERIALS & SUPPLIES 0.00 0.00 ACCRUED UTILITY REVENUES 0.00 0.00 PREPAYMENTS 0.00 0.00 OTHER CURRENT ASSETS 99,924.00 0.00 TOTAL CURRENT ASSETS 8,115,527.47 27,311.39 REGULATORY ASSETS REGULATORY ASSETS 2,753,911.00 0.00 FAS109 DFIT RECLASS (A/C 254) 20,936.00 0.00 NET REGULATORY ASSETS 2,774,847.00 0.00 DEFERRED CHARGES CLEARING ACCOUNTS 0.00 0.00 UNAMORTIZED DEBT EXPENSE 0.00 0.00 OTHER DEFERRED DEBITS 0.00 0.00 TOTAL DEFERRED CHARGES 0.00 0.00 TOTAL ASSETS 62,211,258.47 27,311.39 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 39,521,000.00 27,275.00 PREMIUM ON CAPITAL STOCK 0.00 0.00 PAID-IN CAPITAL 1,303,000.00 0.00 RETAINED EARNINGS 16,131,939.00 0.00 COMMON SHAREHOLDERS' EQUITY 56,955,939.00 27,275.00 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 TOTAL CAPITALIZATION 56,955,939.00 27,275.00 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 ACCUMULATED PROVISIONS - MISC 598,028.00 0.00 TOTAL OTH NONCURRENT LIAB'S 598,028.00 0.00 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 SHORT-TERM DEBT 0.00 0.00 A/P - GENERAL 0.00 0.00 A/P- ASSOC. COS. 202,895.67 36.39 CUSTOMER DEPOSITS 0.00 0.00 TAXES ACCRUED 9,241.00 0.00 INTEREST ACCRUED 0.00 0.00 DIVIDENDS DECLARED 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 0.00 OTHR CURR & ACCRUED LIAB 6,417.41 0.00 TOTAL CURRENT LIABILITIES 218,554.08 36.39 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 4,351,908.00 0.00 DFIT & DSIT RECLASS (A/C 190) (5,500,899.00) 0.00 NET DEFERRED INCOME TAXES (1,148,991.00) 0.00 DEF INVESTMENT TAX CREDITS 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 OTHER REGULATORY LIABILTIES 8,075.00 0.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 TOTAL REGULATORY LIABILITIES 8,075.00 0.00 DEFERRED CREDITS 5,579,653.39 0.00 TOTAL DEF CREDITS & REG LIAB'S 4,438,737.39 0.00 TOTAL CAPITAL & LIABILITIES 62,211,258.47 27,311.39
OHIO POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 OPCO OPCO DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 2,713,421,444.33 0.00 2,713,421,444.33 TRANSMISSION 857,419,633.85 0.00 857,419,633.85 DISTRIBUTION 999,678,645.05 0.00 999,678,645.05 GENERAL 713,882,361.22 0.00 229,957,263.22 CONSTRUCTION WORK IN PROGRESS 116,515,029.72 0.00 115,732,976.72 TOTAL ELECTRIC UTILITY PLANT 5,400,917,114.17 0.00 4,916,209,963.17 LESS ACCUM PRV-DEPR,DEPL,AMORT (2,621,711,620.10) 0.00 (2,256,119,781.10) NET ELECTRIC UTILITY PLANT 2,779,205,494.07 0.00 2,660,090,182.07 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 61,560,979.81 0.00 34,297,881.81 INVEST IN SUBSIDIARY & ASSOC 867,076.00 (52,130,507.00) 52,997,583.00 TOTAL OTHER INVESTMENTS 191,202,072.64 1,327.00 120,260,982.20 TOTAL OTHER SPECIAL FUNDS 38,292.00 0.00 38,292.00 TOTAL OTHER PROP AND INVSTMNTS 253,668,420.45 (52,129,180.00) 207,594,739.01 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 157,137,625.40 0.00 28,007,215.88 ACCOUNTS RECEIVABLE-CUSTOMERS 246,310,235.80 0.00 246,310,235.80 ACCOUNTS RECEIVABLE - MISC 22,055,295.91 0.00 11,403,037.99 A/P FOR UNCOLLECTIBLE ACCOUNTS (2,223,336.02) 0.00 (2,223,336.02) ACCOUNTS RECEIVABLE- ASSOC COS 89,215,260.00 (15,390,854.88) 96,147,528.61 FUEL 146,316,944.84 0.00 144,642,544.84 MATERIALS & SUPPLIES 95,967,252.44 0.00 75,299,588.59 ACCRUED UTILITY REVENUES 45,575,283.00 0.00 45,575,283.00 PREPAYMENTS 36,774,106.67 0.00 35,824,811.48 OTHER CURRENT ASSETS 136,264,746.99 0.00 136,063,226.99 TOTAL CURRENT ASSETS 973,393,415.03 (15,390,854.88) 817,050,137.16 REGULATORY ASSETS REGULATORY ASSETS 724,350,111.34 0.00 693,843,162.33 FAS109 DFIT RECLASS (A/C 254) (53,162,227.61) 0.00 (47,957,565.61) NET REGULATORY ASSETS 671,187,883.73 0.00 645,885,596.72 DEFERRED CHARGES CLEARING ACCOUNTS (78,132.19) 0.00 20,063.03 UNAMORTIZED DEBT EXPENSE 4,460,890.04 0.00 4,460,890.04 OTHER DEFERRED DEBITS 89,469,041.93 1,441,486.80 84,638,320.51 TOTAL DEFERRED CHARGES 93,851,799.78 1,441,486.80 89,119,273.58 TOTAL ASSETS 4,771,307,013.06 (66,078,548.08) 4,419,739,928.54 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 321,201,454.00 (12,306.00) 321,201,454.00 PREMIUM ON CAPITAL STOCK 744,753.75 (2,561,975.00) 744,753.75 PAID-IN CAPITAL 461,630,766.75 (26,320,217.00) 461,630,766.75 RETAINED EARNINGS 587,424,262.56 (23,234,844.00) 587,424,262.56 COMMON SHAREHOLDERS' EQUITY 1,371,001,237.06 (52,129,342.00) 1,371,001,237.06 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 8,850,000.00 0.00 8,850,000.00 PS NOT SUBJ MANDATORY REDEMP 16,936,600.00 0.00 16,936,600.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 1,139,833,671.84 18,445,047.00 1,097,327,304.84 TOTAL CAPITALIZATION 2,536,621,508.90 (33,684,295.00) 2,494,115,141.90 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 102,258,805.46 0.00 81,940,883.46 ACCUM PROVISIONS-RATE REFUND 3,897,876.00 0.00 3,897,876.00 ACCUMULATED PROVISIONS - MISC 308,680,535.02 0.00 28,139,166.02 TOTAL OTH NONCURRENT LIAB'S 414,837,216.48 0.00 113,977,925.48 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 11,677,083.00 (18,445,047.00) 0.00 SHORT-TERM DEBT 194,918,000.00 0.00 194,918,000.00 A/P - GENERAL 180,382,470.22 0.00 164,092,137.44 A/P- ASSOC. COS. 64,598,578.67 (13,949,206.08) 67,801,987.18 CUSTOMER DEPOSITS 8,196,056.88 0.00 8,196,056.88 TAXES ACCRUED 162,182,011.26 0.00 158,543,908.10 INTEREST ACCRUED 16,862,933.51 0.00 16,048,874.90 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 34,284,309.36 0.00 13,944,976.36 OTHR CURR & ACCRUED LIAB 220,093,325.55 0.00 189,309,815.07 TOTAL CURRENT LIABILITIES 893,194,768.45 (32,394,253.08) 812,855,755.93 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES 911,285,926.00 0.00 885,085,340.00 DFIT & DSIT RECLASS (A/C 190) (217,896,127.00) 0.00 (117,468,818.00) NET DEFERRED INCOME TAXES 693,389,799.00 0.00 767,616,522.00 DEF INVESTMENT TAX CREDITS 35,838,046.00 0.00 35,838,046.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 94,098,137.00 0.00 94,098,137.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 66,781,063.92 0.00 64,692,526.92 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 160,879,200.92 0.00 158,790,663.92 DEFERRED CREDITS 36,546,473.31 0.00 36,545,873.31 TOTAL DEF CREDITS & REG LIAB'S 926,653,519.23 0.00 998,791,105.23 TOTAL CAPITAL & LIABILITIES 4,771,307,013.06 (66,078,548.08) 4,419,739,928.54
OHIO POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING BALANCE SHEETS DECEMBER 31, 1999 DESCRIPTION COCCO SOCCO WCCO ASSETS: ELECTRIC UTILITY PLANT PRODUCTION 0.00 0.00 0.00 TRANSMISSION 0.00 0.00 0.00 DISTRIBUTION 0.00 0.00 0.00 GENERAL 50,415,817.00 386,568,418.00 46,940,863.00 CONSTRUCTION WORK IN PROGRESS .00 754,048.00 28,005.00 TOTAL ELECTRIC UTILITY PLANT 50,415,817.00 387,322,466.00 46,968,868.00 LESS ACCUM PRV-DEPR,DEPL,AMORT (49,778,363.00) (275,104,459.00) (40,709,017.00) NET ELECTRIC UTILITY PLANT 637,454.00 112,218,007.00 6,259,851.00 OTHER PROPERTY AND INVESTMENT NET NONUTILITY PROPERTY 0.00 27,263,098.00 0.00 INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 TOTAL OTHER INVESTMENTS 12,252,080.88 58,674,144.33 13,538.23 TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 TOTAL OTHER PROP AND INVSTMNTS 12,252,080.88 85,937,242.33 13,538.23 CURRENT AND ACCRUED ASSETS CASH AND CASH EQUIVALENTS 46,556,139.13 16,758,350.93 65,815,919.46 ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE - MISC 1,013,520.33 4,835,747.16 4,802,990.43 A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 ACCOUNTS RECEIVABLE- ASSOC COS 2,633,836.80 4,892,729.06 932,020.41 FUEL 1,531,823.00 112,303.00 30,274.00 MATERIALS & SUPPLIES 6,374,393.15 10,834,173.23 3,459,097.47 ACCRUED UTILITY REVENUES 0.00 0.00 0.00 PREPAYMENTS 71,696.59 577,136.67 300,461.93 OTHER CURRENT ASSETS 21,560.00 135,520.00 44,440.00 TOTAL CURRENT ASSETS 58,202,969.00 38,145,960.05 75,385,203.70 REGULATORY ASSETS REGULATORY ASSETS (2,509,405.00) 33,006,930.01 9,424.00 FAS109 DFIT RECLASS (A/C 254) 145.00 (642,580.00) (4,562,227.00) NET REGULATORY ASSETS (2,509,260.00) 32,364,350.01 (4,552,803.00) DEFERRED CHARGES CLEARING ACCOUNTS (26,388.34) (55,238.15) (16,568.73) UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 OTHER DEFERRED DEBITS 532,534.35 2,288,813.89 567,886.38 TOTAL DEFERRED CHARGES 506,146.01 2,233,575.74 551,317.65 TOTAL ASSETS 69,089,389.89 270,899,135.13 77,657,107.58 CAPITALIZATION AND LIABILITIES: CAPITALIZATION COMMON STOCK COMMON STOCK 6,900.00 5,000.00 406.00 PREMIUM ON CAPITAL STOCK 0.00 2,561,975.00 0.00 PAID-IN CAPITAL 0.00 26,320,217.00 0.00 RETAINED EARNINGS 2,121.00 23,199,655.00 33,068.00 COMMON SHAREHOLDERS' EQUITY 9,021.00 52,086,847.00 33,474.00 CUMULATIVE PREFERRED STOCK PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 LT DEBT (LESS AMT DUE IN 1 YR) LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 24,061,320.00 0.00 TOTAL CAPITALIZATION 9,021.00 76,148,167.00 33,474.00 OTHER NONCURRENT LIABILITIES OBLIGATIONS UNDER CAP LEASE 0.00 20,317,922.00 0.00 ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 ACCUMULATED PROVISIONS - MISC 112,339,770.54 86,234,838.76 81,966,759.70 TOTAL OTH NONCURRENT LIAB'S 112,339,770.54 106,552,760.76 81,966,759.70 CURRENT LIABILITIES PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 LONG-TERM DEBT DUE WITHIN 1 YR 0.00 30,122,130.00 0.00 SHORT-TERM DEBT 0.00 0.00 0.00 A/P - GENERAL 1,602,165.90 10,634,357.38 4,053,809.50 A/P- ASSOC. COS. 310,210.89 9,196,678.69 1,238,907.99 CUSTOMER DEPOSITS 0.00 0.00 0.00 TAXES ACCRUED 665,024.71 2,107,510.63 865,567.82 INTEREST ACCRUED 0.00 814,058.61 0.00 DIVIDENDS DECLARED 0.00 0.00 0.00 OBLIG UNDER CAP LEASES- CURR 0.00 20,339,333.00 0.00 OTHR CURR & ACCRUED LIAB 9,736,753.85 15,363,295.06 5,683,461.57 TOTAL CURRENT LIABILITIES 12,314,155.35 88,577,363.37 11,841,746.88 DEF CREDITS & REGULATORY LIAB DEFERRED INCOME TAXES (9,449,112.00) 34,621,843.00 1,027,855.00 DFIT & DSIT RECLASS (A/C 190) (46,264,303.00) (36,234,643.00) (17,928,363.00) NET DEFERRED INCOME TAXES (55,713,415.00) (1,612,800.00) (16,900,508.00) DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 REGULATORY LIABILITIES OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 SFAS 106 - OPEB 0.00 0.00 0.00 DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 OTHER REGULATORY LIABILTIES 139,858.00 1,233,044.00 715,635.00 UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 TOTAL REGULATORY LIABILITIES 139,858.00 1,233,044.00 715,635.00 DEFERRED CREDITS 0.00 600.00 0.00 TOTAL DEF CREDITS & REG LIAB'S (55,573,557.00) (379,156.00) (16,184,873.00) TOTAL CAPITAL & LIABILITIES 69,089,389.89 270,899,135.13 77,657,107.58
American Electric Power Co. and Subsidiaries Consolidated Statement of Cash Flows YTD December 31, 1999 AEP CONS. ELIM & ADJ COMBINED AEP Inc. AEPSC CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 520,177,356 (556,694,721) 1,076,872,077 520,177,354 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 713,955,618 713,955,618 4,131,795 Prov for Def Income Taxes (net) 143,219,088 1,431,537 141,787,551 1,641,364 3,047,992 Def Invest Tax Credits (net) (25,476,163) 0 (25,476,163) (50,808) AFUDC - Equity (3,244,339) (3,244,339) Equity/Undist. Subs. Earnings (45,542,009) (31,175,661) (14,366,348) 31,175,661 Decrease (Increase) in: Accounts Receivable (net) (31,044,349) 138,201,554 (169,245,903) (1,648,541) 53,463,555 Fuel, Materials & Supplies (123,255,831) (123,255,831) Accrued Utility Revenues (32,512,415) (32,512,415) Incr (Decr) in Accounts Payable 92,235,002 (128,781,856) 221,016,858 5,545,503 (20,478,263) Other Oper. Items (net) (391,929,934) (770,899) (391,159,035) (21,988,569) (39,734,340) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) OPERATING 816,582,024 (577,790,046) 1,394,372,070 534,902,772 379,931 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (874,320,468) 13,538,097 (887,858,565) 0 Other Gross Additions 4,131,979 4,131,979 -------------- -------------- -------------- -------------- -------------- Total Gross Additions (870,188,489) 13,538,097 (883,726,586) 0 0 AFUDC - Equity 3,244,339 3,244,339 -------------- -------------- -------------- -------------- -------------- Cash Used Plant & Prop. Adds (866,944,150) 13,538,097 (880,482,247) 0 0 Invest in Subs - Equity & Debt 0 139,435,000 (139,435,000) (139,435,000) Proceeds - Sales of Property 22,692,124 (4,804,065) 27,496,189 Proceeds - Sale & Leaseback Trans 4,810,809 4,810,809 Other Investing Activities (74,540,925) (74,540,925) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) INVESTING (913,982,142) 148,169,032 (1,062,151,174) (139,435,000) 0 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 0 (139,435,000) 139,435,000 Common Stock 90,946,373 90,946,373 90,946,373 Preferred Stock 0 0 Minority Interest (638,878) (638,878) Long-term Debt (APCO Adj) 891,720,631 (520,088) 892,240,719 Short-term Debt (net) 271,671,040 271,671,040 (20,520,000) 11,075,000 -------------- -------------- -------------- -------------- -------------- Total Issuances 1,253,699,166 (139,955,088) 1,393,654,254 70,426,373 11,075,000 Cash Paid To Retire: Preferred Stock (9,665,178) (9,665,178) Long-term Debt (523,656,055) (523,656,055) (5,000,000) -------------- -------------- -------------- -------------- -------------- Total Retirements (533,321,233) 0 (533,321,233) 0 (5,000,000) Dividends Paid on Common Stock (463,367,901) 575,300,354 (1,038,668,255) (463,367,901) Dividends Paid on Preferred Stock 0 11,283,408 (11,283,408) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) FINANCING 257,010,032 446,628,674 (189,618,642) (392,941,528) 6,075,000 -------------- -------------- -------------- -------------- -------------- NET INCREASE (DECREASE) IN CASH 159,609,914 17,007,660 142,602,254 2,526,244 6,454,931 CASH AT BEGINNING OF PERIOD 172,985,362 7,041,452 165,943,910 166,762 1,391,966 -------------- -------------- -------------- -------------- -------------- CASH AT END OF PERIOD 332,595,276 24,049,112 308,546,164 2,693,006 7,846,897 ============== ============== ============== ============== ============== CASH PAID DURING THE PERIOD FOR: Interest (net of ABFUDC) 512,876,150 (1,439,678) 514,315,828 2,541,890 7,857,442 Income Taxes (State & Federal) 95,072,974 95,072,974 (1,625,386) (5,089,800) NONCASH INVESTING ACTIVITIES: Utility Assets - Capital Leases 76,824,958 (23,299,731) 100,124,689 0 17,607,067 NonUtility Assets - Capital Leases 3,664,196 3,664,196 0 0 Total Capital Leases 80,489,154 (23,299,731) 103,788,885 0 17,607,067
American Electric Power Co. and Subsidiaries Consolidated Statement of Cash Flows YTD December 31, 1999 APCo OPCo I&M CSPCo KEPCo CONSOL. CONSOL. CONSOL. CONSOL. CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 120,491,397 212,156,973 32,775,859 150,269,602 25,430,080 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 149,790,565 193,780,402 153,920,527 94,962,253 29,227,580 Prov for Def Income Taxes (net) 13,033,072 20,596,123 85,727,488 10,480,935 2,595,154 Def Invest Tax Credits (net) (4,972,314) (3,457,786) (8,152,261) (3,993,890) (1,291,434) AFUDC - Equity (132,027) (529,519) (1,665,811) (905,802) (1,894) Equity/Undist. Subs. Earnings 0 0 Decrease (Increase) in: Accounts Receivable (net) 10,989,359 (49,309,782) (19,178,276) 5,166,548 (6,618,278) Fuel, Materials & Supplies (4,811,722) (60,499,969) (12,879,522) (7,776,966) (7,014,160) Accrued Utility Revenues (7,433,521) (2,074,255) (7,150,597) (7,990,887) (176,870) Incr (Decr) in Accounts Payable (9,273,372) 9,194,578 19,068,093 9,291,932 4,935,985 Other Oper. Items (net) (99,791,493) 15,640,893 (211,138,150) (5,870,335) (152,639) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) OPERATING 167,889,944 335,497,658 31,327,350 243,633,390 46,933,524 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (211,547,684) (194,147,974) (166,997,169) (116,226,568) (44,295,231) Other Gross Additions (251,301) 0 0 0 -------------- -------------- -------------- -------------- -------------- Total Gross Additions (211,547,684) (194,399,275) (166,997,169) (116,226,568) (44,295,231) AFUDC - Equity 132,027 529,519 1,665,811 905,802 1,894 -------------- -------------- -------------- -------------- -------------- Cash Used Plant & Prop. Adds (211,415,657) (193,869,756) (165,331,358) (115,320,766) (44,293,337) Invest in Subs - Equity & Debt Proceeds - Sales of Property 19,030,000 4,141,451 330,922 1,302,076 167,699 Proceeds - Sale & Leaseback Trans 265,556 1,758,378 2,170,393 555,638 (45,518) Other Investing Activities -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) INVESTING (192,120,101) (187,969,927) (162,830,043) (113,463,052) (44,171,156) CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 50,000,000 10,000,000 Common Stock Preferred Stock 0 0 Minority Interest Long-term Debt (APCO Adj) 227,236,026 222,308,382 247,989,004 79,740,000 Short-term Debt (net) 47,080,000 71,913,000 115,562,000 (7,000,000) 19,315,000 -------------- -------------- -------------- -------------- -------------- Total Issuances 324,316,026 294,221,382 363,551,004 (7,000,000) 109,055,000 Cash Paid To Retire: Preferred Stock (2,675,114) (3,392,642) (3,597,422) Long-term Debt (116,688,231) (158,638,169) (109,500,000) (35,523,140) (83,306,515) -------------- -------------- -------------- -------------- -------------- Total Retirements (119,363,345) (162,030,811) (113,097,422) (35,523,140) (83,306,515) Dividends Paid on Common Stock (121,391,824) (210,812,520) (114,656,024) (87,995,986) (29,771,998) Dividends Paid on Preferred Stock (2,257,093) (1,420,419) (5,855,896) (1,750,000) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) FINANCING 81,303,764 (80,042,368) 129,941,662 (132,269,126) (4,023,513) -------------- -------------- -------------- -------------- -------------- NET INCREASE (DECREASE) IN CASH 57,073,607 67,485,363 (1,561,031) (2,098,788) (1,261,145) CASH AT BEGINNING OF PERIOD 7,754,613 89,652,258 5,423,587 7,205,891 1,935,177 -------------- -------------- -------------- -------------- -------------- CASH AT END OF PERIOD 64,828,220 157,137,621 3,862,556 5,107,103 674,032 ============== ============== ============== ============== ============== CASH PAID DURING THE PERIOD FOR: Interest (net of ABFUDC) 125,899,938 78,738,869 78,702,859 72,007,104 29,844,694 Income Taxes (State & Federal) 55,156,930 94,606,182 (71,394,726) 71,808,561 12,049,778 NONCASH INVESTING ACTIVITIES: Utility Assets - Capital Leases 13,551,493 27,792,523 8,674,094 6,634,115 2,173,809 NonUtility Assets - Capital Leases 316,768 768,655 2,178,393 220,396 45,518 Total Capital Leases 13,868,261 28,561,178 10,852,487 6,854,511 2,219,327
American Electric Power Co. and Subsidiaries Consolidated Statement of Cash Flows YTD December 31, 1999 KGPCo WPCo AEPRESCO AEGCo CCCo CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 2,834,573 3,536,148 (925,420) 6,195,113 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 2,875,967 3,001,472 13,089 21,845,124 Prov for Def Income Taxes (net) 459,637 94,869 (90,816) (5,282,303) 4,815 Def Invest Tax Credits (net) (73,005) (41,674) 4,901 (3,447,892) AFUDC - Equity (5,946) (3,340) 0 Equity/Undist. Subs. Earnings Decrease (Increase) in: Accounts Receivable (net) 17,314,154 1,394,954 (8,126,688) (2,213,545) 67,119 Fuel, Materials & Supplies (40,146) 43,391 (1,792) (6,262,210) Accrued Utility Revenues (418,366) 176,329 Incr (Decr) in Accounts Payable (708,431) 3,490,821 4,787,431 5,275,850 (47,478) Other Oper. Items (net) (5,645,407) 454,289 (9,931,860) (6,082,635) 17,466 -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) OPERATING 16,593,030 12,147,259 (14,271,155) 10,027,502 41,922 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (5,409,470) (3,838,314) (15,908) (8,349,071) Other Gross Additions -------------- -------------- -------------- -------------- -------------- Total Gross Additions (5,409,470) (3,838,314) (15,908) (8,349,071) 0 AFUDC - Equity 5,946 3,340 0 -------------- -------------- -------------- -------------- -------------- Cash Used Plant & Prop. Adds (5,403,524) (3,834,974) (15,908) (8,349,071) 0 Invest in Subs - Equity & Debt Proceeds - Sales of Property 0 330,922 Proceeds - Sale & Leaseback Trans 15,054 91,308 Other Investing Activities (336,000) -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) INVESTING (5,388,470) (3,743,666) (351,908) (8,018,149) 0 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 1,000,000 0 (6,000,000) Common Stock Preferred Stock Minority Interest Long-term Debt (APCO Adj) Short-term Debt (net) 325,000 (2,225,000) 14,550,000 250,000 -------------- -------------- -------------- -------------- -------------- Total Issuances 325,000 (1,225,000) 14,550,000 (5,750,000) 0 Cash Paid To Retire: Preferred Stock Long-term Debt (10,000,000) (5,000,000) -------------- -------------- -------------- -------------- -------------- Total Retirements (10,000,000) (5,000,000) 0 0 0 Dividends Paid on Common Stock (2,748,000) (2,632,002) (5,292,000) Dividends Paid on Preferred Stock -------------- -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) FINANCING (12,423,000) (8,857,002) 14,550,000 (11,042,000) 0 -------------- -------------- -------------- -------------- -------------- NET INCREASE (DECREASE) IN CASH (1,218,440) (453,409) (73,063) (9,032,647) 41,922 CASH AT BEGINNING OF PERIOD 1,354,224 1,066,168 81,333 (483,377) 12,039 -------------- -------------- -------------- -------------- -------------- CASH AT END OF PERIOD 135,784 612,759 8,270 (9,516,024) 53,961 ============== ============== ============== ============== ============== CASH PAID DURING THE PERIOD FOR: Interest (net of ABFUDC) 2,392,662 1,908,354 50,112 2,467,596 1,016 Income Taxes (State & Federal) 1,363,303 2,111,989 (717,006) 6,565,177 (2,939) NONCASH INVESTING ACTIVITIES: Utility Assets - Capital Leases 121,071 270,786 0 0 0 NonUtility Assets - Capital Leases 20,658 113,808 0 0 0 Total Capital Leases 141,729 384,594 0 0 0
American Electric Power Co. and Subsidiaries Consolidated Statement of Cash Flows YTD December 31, 1999 COpCo AEPINV FRECo IFRI CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 0 (635,957) 0 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization Prov for Def Income Taxes (net) 0 (138,145) Def Invest Tax Credits (net) AFUDC - Equity Equity/Undist. Subs. Earnings Decrease (Increase) in: Accounts Receivable (net) 0 (21,039) (66,310) (61,945) Fuel, Materials & Supplies Accrued Utility Revenues Incr (Decr) in Accounts Payable 0 195,267 40,417 135,308 Other Oper. Items (net) 0 (25,935) 5,373 (436) -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) OPERATING 0 (625,809) (20,520) 72,927 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant Other Gross Additions -------------- -------------- -------------- -------------- Total Gross Additions 0 0 0 0 AFUDC - Equity -------------- -------------- -------------- -------------- Cash Used Plant & Prop. Adds 0 0 0 0 Invest in Subs - Equity & Debt Proceeds - Sales of Property Proceeds - Sale & Leaseback Trans Other Investing Activities (5,878,038) 0 -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) INVESTING 0 (5,878,038) 0 0 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 6,435,000 0 Common Stock Preferred Stock Minority Interest Long-term Debt (APCO Adj) Short-term Debt (net) -------------- -------------- -------------- -------------- Total Issuances 0 6,435,000 0 0 Cash Paid To Retire: Preferred Stock Long-term Debt -------------- -------------- -------------- -------------- Total Retirements 0 0 0 0 Dividends Paid on Common Stock Dividends Paid on Preferred Stock -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) FINANCING 0 6,435,000 0 0 -------------- -------------- -------------- -------------- NET INCREASE (DECREASE) IN CASH 0 (68,847) (20,520) 72,927 CASH AT BEGINNING OF PERIOD 0 128,946 24,769 823 -------------- -------------- -------------- -------------- CASH AT END OF PERIOD 0 60,099 4,249 73,750 ============== ============== ============== ============== CASH PAID DURING THE PERIOD FOR: Interest (net of ABFUDC) 0 0 0 0 Income Taxes (State & Federal) 0 (157,442) 0 0 NONCASH INVESTING ACTIVITIES: Utility Assets - Capital Leases 0 0 0 0 NonUtility Assets - Capital Leases 0 0 0 0 Total Capital Leases 0 0 0 0
American Electric Power Co. and Subsidiaries Consolidated Statement of Cash Flows YTD December 31, 1999 AEPR AEPC AEPPM AEPES CASH FLOWS - OPERATING ACTIVITIES: CONSOL. CONSOL. Consolidated Net Income 41,462,343 (6,024,725) (14) (30,871,249) Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 54,953,950 3,512,189 1,940,705 Prov for Def Income Taxes (net) 13,798,618 1,362,381 (36) (5,543,597) Def Invest Tax Credits (net) AFUDC - Equity Equity/Undist. Subs. Earnings (45,542,009) Decrease (Increase) in: Accounts Receivable (net) (67,939,574) (4,959,992) 0 (97,497,622) Fuel, Materials & Supplies (2,732,242) (1,872,888) (19,407,605) Accrued Utility Revenues (7,444,248) Incr (Decr) in Accounts Payable 83,558,607 1,375,103 50 104,629,457 Other Oper. Items (net) (2,506,170) (8,511,344) 0 4,102,257 -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) OPERATING 67,609,275 (15,119,276) 0 (42,647,654) CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (118,787,349) (16,372,135) (1,871,692) Other Gross Additions 4,558,268 (174,988) -------------- -------------- -------------- -------------- Total Gross Additions (114,229,081) (16,372,135) 0 (2,046,680) AFUDC - Equity -------------- -------------- -------------- -------------- Cash Used Plant & Prop. Adds (114,229,081) (16,372,135) 0 (2,046,680) Invest in Subs - Equity & Debt 0 Proceeds - Sales of Property 745,895 1,447,224 Proceeds - Sale & Leaseback Trans Other Investing Activities (67,907,446) (419,441) -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) INVESTING (181,390,632) (15,344,352) 0 (2,046,680) CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 50,000,000 13,000,000 15,000,000 Common Stock Preferred Stock Minority Interest (638,878) Long-term Debt (APCO Adj) 84,967,307 30,000,000 Short-term Debt (net) (13,903,960) (10,900,000) 46,150,000 -------------- -------------- -------------- -------------- Total Issuances 120,424,469 32,100,000 0 61,150,000 Cash Paid To Retire: Preferred Stock Long-term Debt -------------- -------------- -------------- -------------- Total Retirements 0 0 0 0 Dividends Paid on Common Stock Dividends Paid on Preferred Stock -------------- -------------- -------------- -------------- NET CASH PROVIDED (USED) FINANCING 120,424,469 32,100,000 0 61,150,000 -------------- -------------- -------------- -------------- NET INCREASE (DECREASE) IN CASH 6,643,112 1,636,372 0 16,455,666 CASH AT BEGINNING OF PERIOD 43,035,915 224,051 0 6,968,765 -------------- -------------- -------------- -------------- CASH AT END OF PERIOD 49,679,027 1,860,423 0 23,424,431 ============== ============== ============== ============== CASH PAID DURING THE PERIOD FOR: Interest (net of ABFUDC) 105,351,166 2,390,223 0 4,161,903 Income Taxes (State & Federal) (44,747,668) (6,060,705) 50 (18,793,324) NONCASH INVESTING ACTIVITIES: Utility Assets - Capital Leases 0 23,299,731 0 0 NonUtility Assets - Capital Leases 0 0 0 0 Total Capital Leases 0 23,299,731 0 0
APPALACHIAN POWER COMPANY Consolidated Statement of Cash Flows YTD December 31, 1999 APCo Cons. ELIM & ADJ APCo Corp. CACCo CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 120,491,397 (9,201,251) 120,491,397 447,746 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 149,790,565 0 148,987,003 0 Prov for Def Income Taxes (net) 13,033,072 0 10,382,574 (664) Def Invest Tax Credits (net) (4,972,314) 0 (4,972,314) 0 AFUDC - Equity (132,027) 0 (132,027) 0 Equity/Undist. Subs. Earnings 0 9,201,251 (9,201,251) 0 Decrease (Increase) in: Accounts Receivable (net) 10,989,359 882,705 13,223,864 (87,098) Fuel, Materials & Supplies (4,811,722) 0 (4,811,722) 0 Accrued Utility Revenues (7,433,521) 0 (7,433,521) 0 Incr (Decr) in Accounts Payable (9,273,372) (1,285,125) (7,984,166) 925 Other Oper. Items (net) (Sch 1) (99,791,493) 402,420 (73,151,731) (1,151,954) ------------------------------------------------------------ NET CASH PROVIDED (USED) OPERATING 167,889,944 0 185,398,107 (791,045) CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (211,547,684) 0 (211,547,684) 0 Other Gross Additions 0 0 0 0 ------------------------------------------------------------ Total Gross Additions (211,547,684) 0 (211,547,684) 0 AFUDC - Equity 132,027 0 132,027 0 ------------------------------------------------------------ Cash Used Plant & Prop. Adds (211,415,657) 0 (211,415,657) 0 Invest in Subs - Equity & Debt 0 0 0 0 Proceeds - Sales of Property 19,030,000 0 0 703,418 Proceeds - Sale & Leaseback Trans 265,556 265,556 Other Investing Activities 0 0 0 0 ------------------------------------------------------------ NET CASH PROVIDED (USED) INVESTING (192,120,101) 0 (211,150,101) 703,418 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 50,000,000 0 50,000,000 0 Common Stock 0 0 0 0 Preferred Stock 0 0 0 0 Long-term Debt 227,236,026 0 227,236,026 0 Short-term Debt (net) 47,080,000 0 47,080,000 0 ------------------------------------------------------------ Total Issuances 324,316,026 0 324,316,026 0 Cash Paid To Retire: Preferred Stock (2,675,114) 0 (2,675,114) 0 Long-term Debt (116,688,231) 0 (116,688,231) 0 ------------------------------------------------------------ Total Retirements (119,363,345) 0 (119,363,345) 0 Dividends Paid on Common Stock (121,391,824) 0 (121,391,824) 0 Dividends Paid on Preferred Stock (2,257,093) 0 (2,257,093) 0 ------------------------------------------------------------ NET CASH PROVIDED (USED) FINANCING 81,303,764 0 81,303,765 0 ------------------------------------------------------------ NET INCREASE (DECREASE) IN CASH 57,073,607 0 55,551,770 (87,627) CASH AT BEGINNING OF PERIOD 7,754,613 0 5,006,957 132,970 ------------------------------------------------------------ CASH AT END OF PERIOD 64,828,220 0 60,558,727 45,343 ============================================================
APPALACHIAN POWER COMPANY Consolidated Statement of Cash Flows YTD December 31, 1999 Cedar SACCo WVPCo CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 5,357,182 3,391,227 5,096 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 63,750 739,812 0 Prov for Def Income Taxes (net) 273,097 2,378,065 0 Def Invest Tax Credits (net) 0 0 0 AFUDC - Equity 0 0 0 Equity/Undist. Subs. Earnings 0 0 0 Decrease (Increase) in: Accounts Receivable (net) (2,423,829) (606,095) (187) Fuel, Materials & Supplies 0 0 0 Accrued Utility Revenues 0 0 0 Incr (Decr) in Accounts Payable (553,385) 548,378 0 Other Oper. Items (net) (Sch 1) (12,107,089) (13,785,350) 2,212 ------------------------------------------------ NET CASH PROVIDED (USED) OPERATING (9,390,275) (7,333,963) 7,120 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant 0 0 0 Other Gross Additions 0 0 0 ------------------------------------------------ Total Gross Additions 0 0 0 AFUDC - Equity 0 0 0 ------------------------------------------------ Cash Used Plant & Prop. Adds 0 0 0 Invest in Subs - Equity & Debt 0 0 0 Proceeds - Sales of Property 8,903,791 9,422,791 0 Proceeds - Sale & Leaseback Trans Other Investing Activities 0 0 0 ------------------------------------------------ NET CASH PROVIDED (USED) INVESTING 8,903,791 9,422,791 0 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 0 0 0 Common Stock 0 0 0 Preferred Stock 0 0 0 Long-term Debt 0 0 0 Short-term Debt (net) 0 0 0 ------------------------------------------------ Total Issuances 0 0 0 Cash Paid To Retire: Preferred Stock 0 0 0 Long-term Debt 0 0 0 ------------------------------------------------ Total Retirements 0 0 0 Dividends Paid on Common Stock 0 0 0 Dividends Paid on Preferred Stock 0 0 0 ------------------------------------------------ NET CASH PROVIDED (USED) FINANCING 0 0 0 ------------------------------------------------ NET INCREASE (DECREASE) IN CASH (486,484) 2,088,828 7,120 CASH AT BEGINNING OF PERIOD 994,140 1,384,492 236,054 ------------------------------------------------- CASH AT END OF PERIOD 507,656 3,473,320 243,174 ================================================
COLUMBUS SOUTHERN POWER COMPANY Consolidated Statement of Cash Flows YTD December 31, 1999 CSPCo Cons. ELIM & ADJ CSPCo Corp. CCPC Simco Colomet CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 150,269,602 (343,702) 150,269,602 70,000 94,307 179,395 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 94,962,253 94,578,007 269,502 114,744 0 Prov for Def Income Taxes (net) 10,480,935 10,476,212 21,685 (16,962) 0 Def Invest Tax Credits (net) (3,993,890) (3,988,670) 0 (5,220) 0 AFUDC - Equity (4191000) (905,802) (905,802) 0 0 0 Equity/Undist. Subs. Earnings 0 343,702 (343,702) 0 0 0 Decrease (Increase) in: Accounts Receivable (net) 5,166,548 5,481,146 (563,403) 195,881 40,549 12,375 Fuel, Materials & Supplies (7,776,966) (7,694,865) (82,101) 0 0 Accrued Utility Revenues (7,990,887) (7,990,887) 0 0 0 Incr (Decr) in Accounts Payable 9,291,932 (5,515,912) 14,809,137 22,183 25,775 (49,251) Other Oper. Items (net) (Sch 1) (5,870,335) 34,766 (6,452,208) 568,721 21,244 (42,858) ------------------------------------------------------------------------------ NET CASH PROVIDED (USED) OPERATING 243,633,390 0 242,193,421 1,065,871 274,437 99,661 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (116,226,568) (115,153,370) (1,073,198) 0 0 Other Gross Additions 0 0 0 0 0 ------------------------------------------------------------------------------ Total Gross Additions (116,226,568) 0 (115,153,370) (1,073,198) 0 0 AFUDC - Equity 905,802 905,802 0 0 0 ------------------------------------------------------------------------------ Cash Used Plant & Prop. Adds (115,320,766) 0 (114,247,568) (1,073,198) 0 0 Invest in Subs - Equity & Debt 0 0 0 0 0 0 Proceeds - Sales of Property 1,302,076 1,302,076 0 0 0 Proceeds - Sale & Leaseback Trans 555,638 555,638 0 0 0 Other Investing Activities 0 0 0 0 0 ------------------------------------------------------------------------------ NET CASH PROVIDED (USED) INVESTING (113,463,052) 0 (112,389,854) (1,073,198) 0 0 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 0 0 0 0 0 0 Common Stock 0 0 0 0 0 Preferred Stock 0 0 0 0 0 Long-term Debt 0 0 0 0 0 Short-term Debt (net) (7,000,000) (7,000,000) 0 0 0 ------------------------------------------------------------------------------ Total Issuances (7,000,000) 0 (7,000,000) 0 0 0 Cash Paid To Retire: Preferred Stock 0 0 0 0 0 Long-term Debt (35,523,140) (35,523,140) 0 0 0 ------------------------------------------------------------------------------ Total Retirements (35,523,140) 0 (35,523,140) 0 0 0 Dividends Paid on Common Stock (87,995,986) 0 (87,995,986) 0 0 0 Dividends Paid on Preferred Stock (1,750,000) (1,750,000) 0 0 0 ------------------------------------------------------------------------------ NET CASH PROVIDED (USED) FINANCING (132,269,126) 0 (132,269,126) 0 0 0 ------------------------------------------------------------------------------ NET INCREASE (DECREASE) IN CASH (2,098,788) 0 (2,465,559) (7,327) 274,437 99,661 CASH AT BEGINNING OF PERIOD 7,205,891 7,045,549 18,466 81,563 60,313 ------------------------------------------------------------------------------ CASH AT END OF PERIOD 5,107,103 0 4,579,990 11,139 356,000 159,974 ==============================================================================
INDIANA MICHIGAN POWER COMPANY Consolidating Statement of Cash Flows YTD December 31, 1999 I&M Eliminations I&M Blackhawk Price River CASH FLOWS - OPERATING ACTIVITIES: Consolidated & Adjustments Corporation Coal Co. Coal Co. Consolidated Net Income 32,775,859.19 (464,916.00) 32,775,859.19 464,916.00 0.00 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 153,920,527.47 0.00 150,233,491.47 3,687,036.00 0.00 Prov for Def Income Taxes (net) 85,727,488.00 0.00 86,095,851.00 (368,363.00) 0.00 Def Invest Tax Credits (net) (8,152,261.00) 0.00 (8,152,261.00) 0.00 0.00 AFUDC - Equity (1,665,811.13) 0.00 (1,665,811.13) 0.00 0.00 Equity/Undist. Subs. Earnings 0.00 464,916.00 (464,916.00) 0.00 0.00 Decrease (Increase) in: Accounts Receivable (net) (19,178,275.91) (17,248,960.71) (3,875,976.79) 1,946,697.98 (36.39) Fuel, Materials & Supplies (12,879,522.42) 0.00 (12,879,522.42) 0.00 0.00 Accrued Utility Revenues (7,150,597.00) 0.00 (7,150,597.00) 0.00 0.00 Incr (Decr) in Accounts Payable 19,068,092.96 308,580.41 18,705,018.88 54,457.28 36.39 Other Oper. Items (net) (211,138,149.98) (67,278.70) (215,801,393.52) 4,730,522.24 0.00 NET CASH PROVIDED (USED) OPERATING 31,327,350.18 (17,007,659.00) 37,819,742.68 10,515,266.50 0.00 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (166,997,169.07) 0.00 (166,997,169.07) 0.00 0.00 Other Gross Additions 0.00 0.00 0.00 0.00 0.00 Total Gross Additions (166,997,169.07) 0.00 (166,997,169.07) 0.00 0.00 AFUDC - Equity 1,665,811.13 0.00 1,665,811.13 0.00 0.00 Cash Used Plant & Prop. Adds (165,331,357.94) 0.00 (165,331,357.94) 0.00 0.00 Invest in Subs - Equity & Debt 0.00 (9,950,001.00) 9,950,001.00 0.00 0.00 Proceeds - Sales of Property 330,922.00 0.00 330,922.00 0.00 0.00 Proceeds - Sale & Leaseback Trans 2,170,392.66 0.00 2,170,392.66 0.00 0.00 Other Investing Activities 0.00 0.00 0.00 0.00 0.00 NET CASH PROVIDED (USED) INVESTING (162,830,043.28) (9,950,001.00) (152,880,042.28) 0.00 0.00 CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 0.00 0.00 0.00 0.00 0.00 Common Stock 0.00 0.00 0.00 0.00 0.00 Preferred Stock 0.00 0.00 0.00 0.00 0.00 Long-term Debt 247,989,004.00 0.00 247,989,004.00 0.00 0.00 Short-term Debt (net) 115,562,000.00 0.00 115,562,000.00 0.00 0.00 Total Issuances 363,551,004.00 0.00 363,551,004.00 0.00 0.00 Cash Paid To Retire: Preferred Stock (3,597,422.00) 0.00 (3,597,422.00) 0.00 0.00 Long-term Debt (109,500,000.00) 9,950,000.00 (109,500,000.00) (9,950,000.00) 0.00 Total Retirements (113,097,422.00) 9,950,000.00 (113,097,422.00) (9,950,000.00) 0.00 Dividends Paid on Common Stock (114,656,024.00) 0.00 (114,656,024.00) 0.00 0.00 Dividends Paid on Preferred Stock (5,855,896.18) 0.00 (5,855,896.18) 0.00 0.00 NET CASH PROVIDED (USED) FINANCING 129,941,661.82 9,950,000.00 129,941,661.82 (9,950,000.00) 0.00 NET INCREASE (DECREASE) IN CASH (1,561,031.28) (17,007,660.00) 14,881,362.22 565,266.50 0.00 CASH AT BEGINNING OF PERIOD 5,423,587.57 (7,041,452.00) 12,449,025.84 16,013.73 0.00 CASH AT END OF PERIOD 3,862,556.29 (24,049,112.00) 27,330,388.06 581,280.23 0.00
OHIO POWER COMPANY Consolidated Statement of Cash Flows YTD December 31, 1999 OPCo Cons. ELIM & ADJ OPCo Corp. COCCo SOCCo WCCo CASH FLOWS - OPERATING ACTIVITIES: Consolidated Net Income 212,156,973 (1,396,155) 212,156,973 720 1,377,426 18,009 Adj. to Recon. N/I to Cash Flow: Depreciation & Amortization 193,780,402 149,055,459 14,573,541 20,207,170 9,944,232 Prov for Def Income Taxes (net) 20,596,123 46,610,759 (8,019,230) (10,749,389) (7,246,017) Def Invest Tax Credits (net) (3,457,786) (3,457,786) 0 0 0 AFUDC - Equity (529,519) (485,744) 0 (43,775) 0 Equity/Undist. Subs. Earnings 0 18,771 (18,771) 0 0 0 Decrease (Increase) in: Accounts Receivable (net) (49,309,782) (7,562,540) (45,630,921) 748,255 2,894,128 241,296 Fuel, Materials & Supplies (60,499,969) 0 (61,607,740) (1,099,578) 1,666,036 541,313 Accrued Utility Revenues (2,074,255) (2,074,255) 0 0 0 Incr (Decr) in Accounts Payable 9,194,578 8,133,960 (2,023,016) (863,719) 3,253,749 693,604 Other Oper. Items (net) 15,640,893 (1,299,886) (73,419,954) (1,508,912) 24,508,643 67,361,002 ------------ ------------ ------------ ------------ ------------ ------------ NET CASH PROVIDED (USED) OPERATING 335,497,658 (2,105,850) 219,105,004 3,831,077 43,113,988 71,553,439 CASH FLOWS - INVESTING ACTIVITIES: Plant & Property Additions: Gross Additions to Utility Plant (194,147,974) (174,574,130) (9,751,932) (1,342,666) (8,479,246) Other Gross Additions (251,301) 0 0 0 (251,301) ------------ ------------ ------------ ------------ ------------ ------------ Total Gross Additions (194,399,275) 0 (174,574,130) (9,751,932) (1,342,666) (8,730,547) AFUDC - Equity 529,519 0 485,744 0 43,775 0 ------------ ------------ ------------ ------------ ------------ ------------ Cash Used Plant & Prop. Adds (193,869,756) 0 (174,088,386) (9,751,932) (1,298,891) (8,730,547) Invest in Subs - Equity & Debt 0 (15,816,847) 15,816,847 0 0 0 Proceeds - Sales of Property 4,141,451 3,974,521 0 128,175 38,755 Proceeds - Sale & Leaseback Trans 1,758,378 1,758,378 0 0 0 Other Investing Activities 0 0 0 0 0 ------------ ------------ ------------ ------------ ------------ ------------ NET CASH PROVIDED (USED) INVESTING (187,969,927) (15,816,847)(152,538,640) (9,751,932) (1,170,716) (8,691,792) CASH FLOWS - FINANCING ACTIVITIES: Proceeds from Issuances of: Capital Contributions from Parent 0 15,806,815 0 0 (15,806,815) 0 Common Stock 0 0 0 0 0 0 Preferred Stock 0 0 0 0 0 0 Long-term Debt 222,308,382 0 222,308,382 0 0 0 Short-term Debt (net) 71,913,000 600,000 71,913,000 0 (600,000) 0 ------------ ------------ ------------ ------------ ------------ ------------ Total Issuances 294,221,382 16,406,815 294,221,382 0 (16,406,815) 0 Cash Paid To Retire: Preferred Stock (3,392,642) (3,392,642) 0 0 0 Long-term Debt (158,638,169) (139,735,000) 0 (11,762,031) (7,141,138) ------------ ------------ ------------ ------------ ------------ ------------ Total Retirements (162,030,811) 0 (143,127,642) 0 (11,762,031) (7,141,138) Dividends Paid on Common Stock (210,812,520) 1,515,882 (210,812,520) 0 (1,515,882) 0 Dividends Paid on Preferred Stock (1,420,419) 0 (1,420,419) 0 0 0 ------------ ------------ ------------ ------------ ------------ ------------ NET CASH PROVIDED (USED) FINANCING (80,042,368) 17,922,697 (61,139,199) 0 (29,684,728) (7,141,138) ------------ ------------ ------------ ------------ ------------ ------------ NET INCREASE (DECREASE) IN CASH 67,485,363 0 5,427,165 (5,920,855) 12,258,544 55,720,509 CASH AT BEGINNING OF PERIOD 89,652,258 22,580,051 52,476,994 4,499,805 10,095,408 ------------ ------------ ------------ ------------ ------------ ------------ CASH AT END OF PERIOD 157,137,621 0 28,007,216 46,556,139 16,758,349 65,815,917 ============ ============ ============ ============ ============ ============
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 AEP AEP APCO DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED BALANCE AT BEGINNING OF YEAR 1,683,560,704.76 (1,179,542,718.92) 1,683,560,704.76 179,460,789.00 NET INCOME (LOSS) 520,177,351.25 (556,694,723.30) 520,177,353.76 120,491,397.16 TOTAL 2,203,738,056.01 (1,736,237,442.22) 2,203,738,058.52 299,952,186.16 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (463,367,901.00) 575,300,354.41 (463,367,901.00) (121,391,823.84) DIVIDEND DECLARED ON PREFERRED (0.00) 10,061,536.03 0.00 (2,217,807.26) ADJUSTMENT RETAINED EARNINGS (3,550.21) 1,080,505.51 (3,550.21) (488,074.47) TOTAL DEDUCTIONS (463,371,451.21) 586,442,395.95 (463,371,451.21) (124,097,705.57) BALANCE AT END OF PERIOD 1,740,366,604.80 (1,149,795,046.27) 1,740,366,607.31 175,854,480.59
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 CSPCO I&M DESCRIPTION CONSOLIDATED CONSOLIDATED KEPCO KGPCO BALANCE AT BEGINNING OF YEAR 186,440,749.76 253,154,072.00 71,451,987.00 7,098,852.00 NET INCOME (LOSS) 150,269,601.90 32,775,859.19 25,430,079.88 2,834,572.80 TOTAL 336,710,351.66 285,929,931.19 96,882,066.88 9,933,424.80 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (87,995,986.28) (114,656,024.00) (29,771,997.96) (2,748,000.40) DIVIDEND DECLARED ON PREFERRED (1,750,000.00) (4,673,310.18) 0.00 0.00 ADJUSTMENT RETAINED EARNINGS (380,521.20) (211,909.84) 0.00 0.00 TOTAL DEDUCTIONS (90,126,507.48) (119,541,244.02) (29,771,997.96) (2,748,000.40) BALANCE AT END OF PERIOD 246,583,844.18 166,388,687.17 67,110,068.92 7,185,424.40
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 OPCO DESCRIPTION CONSOLIDATED WPCO AEGCO AEPSC BALANCE AT BEGINNING OF YEAR 587,500,228.00 6,886,545.00 2,769,730.00 0.00 NET INCOME (LOSS) 212,156,973.08 3,536,147.63 6,195,112.69 0.00 TOTAL 799,657,201.08 10,422,692.63 8,964,842.69 0.00 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (210,812,519.93) (2,632,002.00) (5,292,000.00) 0.00 DIVIDEND DECLARED ON PREFERRED (1,420,418.59) 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 TOTAL DEDUCTIONS (212,232,938.52) (2,632,002.00) (5,292,000.00) 0.00 BALANCE AT END OF PERIOD 587,424,262.56 7,790,690.63 3,672,842.69 0.00
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 DESCRIPTION CCCO FRECO IFRI AEPPM BALANCE AT BEGINNING OF YEAR 0.00 19,968.85 0.00 (138.00) NET INCOME (LOSS) 0.00 0.00 0.00 (14.00) TOTAL 0.00 19,968.85 0.00 (152.00) DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 TOTAL DEDUCTIONS 0.00 0.00 0.00 0.00 BALANCE AT END OF PERIOD 0.00 19,968.85 0.00 (152.00)
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 AEPR DESCRIPTION AEPES AEPINV CONSOLIDATED AEPRESC BALANCE AT BEGINNING OF YEAR (19,366,076.21) (9,121,032.10) (76,102,280.70) (1,814,462.47) NET INCOME (LOSS) (30,871,249.58) (635,956.77) 41,462,342.50 (925,420.39) TOTAL (50,237,325.79) (9,756,988.87) (34,639,938.20) (2,739,882.86) DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 TOTAL DEDUCTIONS 0.00 0.00 0.00 0.00 BALANCE AT END OF PERIOD (50,237,325.79) (9,756,988.87) (34,639,938.20) (2,739,882.86)
AMERICAN ELECTRIC POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 AEPC DESCRIPTION CONSOLIDATED BALANCE AT BEGINNING OF YEAR (8,836,213.21) NET INCOME (LOSS) (6,024,725.30) TOTAL (14,860,938.51) DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 TOTAL DEDUCTIONS 0.00 BALANCE AT END OF PERIOD (14,860,938.51)
APPALACHIAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 APCO APCO DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO BALANCE AT BEGINNING OF YEAR 179,460,789.00 5,354,740.00 179,460,789.00 (179,842.00) NET INCOME (LOSS) 120,491,397.16 (9,201,250.78) 120,491,397.16 447,746.00 TOTAL 299,952,186.16 (3,846,510.78) 299,952,186.16 267,904.00 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (121,391,823.84) 0.00 (121,391,823.84) 0.00 DIVIDEND DECLARED ON PREFERRED (2,217,807.26) 0.00 (2,217,807.26) 0.00 ADJUSTMENT RETAINED EARNINGS (488,074.47) 0.00 (488,074.47) 0.00 TOTAL DEDUCTIONS (124,097,705.57) 0.00 (124,097,705.57) 0.00 BALANCE AT END OF PERIOD 175,854,480.59 (3,846,510.78) 175,854,480.59 267,904.00
APPALACHIAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 DESCRIPTION CECCO SACCO WVPCO BALANCE AT BEGINNING OF YEAR (2,987,233.00) (2,239,306.00) 51,641.00 NET INCOME (LOSS) 5,357,181.92 3,391,227.00 5,095.86 TOTAL 2,369,948.92 1,151,921.00 56,736.86 DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 TOTAL DEDUCTIONS 0.00 0.00 0.00 BALANCE AT END OF PERIOD 2,369,948.92 1,151,921.00 56,736.86
COLUMBUS SOUTHERN POWER, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 CSPCO CSPCO DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO BALANCE AT BEGINNING OF YEAR 186,440,749.76 (1,164,328.79) 186,440,749.76 NET INCOME (LOSS) 150,269,601.90 (343,702.15) 150,269,601.90 TOTAL 336,710,351.66 (1,508,030.94) 336,710,351.66 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (87,995,986.28) 0.00 (87,995,986.28) DIVIDEND DECLARED ON PREFERRED (1,750,000.00) 0.00 (1,750,000.00) ADJUSTMENT RETAINED EARNINGS (380,521.20) 0.00 (380,521.20) TOTAL DEDUCTIONS (90,126,507.48) 0.00 (90,126,507.48) BALANCE AT END OF PERIOD 246,583,844.18 (1,508,030.94) 246,583,844.18
COLUMBUS SOUTHERN POWER, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 DESCRIPTION COLM CCPC SIMCO BALANCE AT BEGINNING OF YEAR 240,469.13 889,983.00 33,876.66 NET INCOME (LOSS) 179,395.51 70,000.00 94,306.64 TOTAL 419,864.64 959,983.00 128,183.30 DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 TOTAL DEDUCTIONS 0.00 0.00 0.00 BALANCE AT END OF PERIOD 419,864.64 959,983.00 128,183.30
INDIANA MICHIGAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 I&M I&M DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BALANCE AT BEGINNING OF YEAR 253,154,072.00 (15,667,023.00) 253,154,072.00 NET INCOME (LOSS) 32,775,859.19 (464,916.00) 32,775,859.19 TOTAL 285,929,931.19 (16,131,939.00) 285,929,931.19 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (114,656,024.00) 0.00 (114,656,024.00) DIVIDEND DECLARED ON PREFERRED (4,673,310.18) 0.00 (4,673,310.18) ADJUSTMENT RETAINED EARNINGS (211,909.84) 0.00 (211,909.84) TOTAL DEDUCTIONS (119,541,244.02) 0.00 (119,541,244.02) BALANCE AT END OF PERIOD 166,388,687.17 (16,131,939.00) 166,388,687.17
INDIANA MICHIGAN POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 DESCRIPTION BHCCO PRCCO BALANCE AT BEGINNING OF YEAR 15,667,023.00 0.00 NET INCOME (LOSS) 464,916.00 0.00 TOTAL 16,131,939.00 0.00 DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 0.00 TOTAL DEDUCTIONS 0.00 0.00 BALANCE AT END OF PERIOD 16,131,939.00 0.00
OHIO POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 OPCO OPCO DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO BALANCE AT BEGINNING OF YEAR 587,500,228.00 (23,354,571.00) 587,500,228.00 NET INCOME (LOSS) 212,156,973.08 (1,396,155.00) 212,156,973.08 TOTAL 799,657,201.08 (24,750,726.00) 799,657,201.08 DEDUCTIONS: DIVIDEND DECLARED ON COMMON (210,812,519.93) 1,377,362.00 (210,812,519.93) DIVIDEND DECLARED ON PREFERRED (1,420,418.59) 0.00 (1,420,418.59) ADJUSTMENT RETAINED EARNINGS 0.00 138,520.00 0.00 TOTAL DEDUCTIONS (212,232,938.52) 1,515,882.00 (212,232,938.52) BALANCE AT END OF PERIOD 587,424,262.56 (23,234,844.00) 587,424,262.56
OHIO POWER COMPANY, INC. AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS YTD December 31, 1999 DESCRIPTION COCCO SOCCO WCCO BALANCE AT BEGINNING OF YEAR 1,401.00 23,338,111.00 15,059.00 NET INCOME (LOSS) 720.00 1,377,426.00 18,009.00 TOTAL 2,121.00 24,715,537.00 33,068.00 DEDUCTIONS: DIVIDEND DECLARED ON COMMON 0.00 (1,377,362.00) 0.00 DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 ADJUSTMENT RETAINED EARNINGS 0.00 (138,520.00) 0.00 TOTAL DEDUCTIONS 0.00 (1,515,882.00) 0.00 BALANCE AT END OF PERIOD 2,121.00 23,199,655.00 33,068.00
Notes to Consolidating Financial Statements. Notes to financial statements are incorporated herein by reference to the 1999 Annual Report on Form 10-K filed by the respective companies reporting to the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. C-1 CARDINAL OPERATING COMPANY STATEMENT OF INCOME AND RETAINED EARNINGS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING EXPENSES: Fuel. . . . . . . . . . . . . . . . . . . . . . . . . $207,382 Other Operation . . . . . . . . . . . . . . . . . . . 13,585 Maintenance . . . . . . . . . . . . . . . . . . . . . 20,312 Taxes Other Than Federal Income Taxes . . . . . . . . 1,058 TOTAL OPERATING EXPENSES. . . . . . . . . . . $242,337 REIMBURSED BY: Ohio Power Company. . . . . . . . . . . . . . . . . . $127,302 Buckeye Power, Inc. . . . . . . . . . . . . . . . . . 115,035 TOTAL . . . . . . . . . . . . . . . . . . . . $242,337 RETAINED EARNINGS . . . . . . . . . . . . . . . . . . . None D-1 CARDINAL OPERATING COMPANY BALANCE SHEET DECEMBER 31, 1999 (in thousands) (UNAUDITED) ASSETS INVESTMENTS . . . . . . . . . . . . . . . . . . . . . . $ 3 CURRENT ASSETS: Cash and Cash Equivalents . . . . . . . . . . . . . . 34 Accounts Receivable: Affiliated Companies. . . . . . . . . . . . . . . . 16,847 Miscellaneous . . . . . . . . . . . . . . . . . . . 25,588 Other . . . . . . . . . . . . . . . . . . . . . . . . 195 TOTAL CURRENT ASSETS. . . . . . . . . . . . . 42,664 REGULATORY ASSETS . . . . . . . . . . . . . . . . . . . 117 DEFERRED CHARGES. . . . . . . . . . . . . . . . . . . . 157 TOTAL . . . . . . . . . . . . . . . . . . . $42,941 CAPITALIZATION AND LIABILITIES CAPITALIZATION: Common Stock - Par Value $1: Authorized - 500 Shares Outstanding - 500 Shares. . . . . . . . . . . . . . $ 1 Advances from Affiliated Companies. . . . . . . . . . 400 TOTAL CAPITALIZATION. . . . . . . . . . . . . 401 OTHER NONCURRENT LIABILITIES. . . . . . . . . . . . . . 3,109 CURRENT LIABILITIES: Accounts Payable: General . . . . . . . . . . . . . . . . . . . . . . 13,272 Affiliated Companies. . . . . . . . . . . . . . . . 25,235 Taxes Accrued . . . . . . . . . . . . . . . . . . . . 218 Other . . . . . . . . . . . . . . . . . . . . . . . . 250 TOTAL CURRENT LIABILITIES . . . . . . . . . . 38,975 DEFERRED CREDITS. . . . . . . . . . . . . . . . . . . . 456 TOTAL . . . . . . . . . . . . . . . . . . . $42,941 D-2 CARDINAL OPERATING COMPANY STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING ACTIVITIES: Net Income . . . . . . . . . . . . . . . . . . . . . $ - Changes in Certain Current Assets and Liabilities: Accounts Receivable. . . . . . . . . . . . . . . . (26,481) Accounts Payable . . . . . . . . . . . . . . . . . 19,694 Decrease in Other Work in Progress . . . . . . . . . 11,277 Other (net). . . . . . . . . . . . . . . . . . . . . (4,488) Net Cash Flows From Operating Activities. . . . . 2 Net Increase in Cash and Cash Equivalents. . . . . . 2 Cash and Cash Equivalents January 1. . . . . . . . . 32 Cash and Cash Equivalents December 31. . . . . . . . $ 34 D-3 INDIANA-KENTUCKY ELECTRIC CORPORATION STATEMENT OF INCOME AND RETAINED EARNINGS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING REVENUES. . . . . . . . . . . . . . . . . . . $155,448 OPERATING EXPENSES: Fuel. . . . . . . . . . . . . . . . . . . . . . . . . 107,221 Other Operation . . . . . . . . . . . . . . . . . . . 19,368 Maintenance . . . . . . . . . . . . . . . . . . . . . 16,565 Depreciation. . . . . . . . . . . . . . . . . . . . . 7,421 Taxes Other Than Federal Income Taxes . . . . . . . . 4,883 TOTAL OPERATING EXPENSES. . . . . . . . . . . 155,458 OPERATING LOSS. . . . . . . . . . . . . . . . . . . . . (10) NONOPERATING INCOME . . . . . . . . . . . . . . . . . . 14 NET INCOME BEFORE INTEREST CHARGES. . . . . . . . . . . 4 INTEREST CHARGES. . . . . . . . . . . . . . . . . . . . 4 NET INCOME AND RETAINED EARNINGS. . . . . . . . . . . . None D-4 INDIANA-KENTUCKY ELECTRIC CORPORATION BALANCE SHEET DECEMBER 31, 1999 (in thousands) (UNAUDITED) ASSETS ELECTRIC UTILITY PLANT: Electric Plant (at cost). . . . . . . . . . . . . . . $412,040 Construction Work in Progress . . . . . . . . . . . . 3,295 Total Electric Utility Plant. . . . . . . . . 415,335 Accumulated Depreciation and Amortization . . . . . . 358,996 NET ELECTRIC UTILITY PLANT. . . . . . . . . . 56,339 CURRENT ASSETS: Cash and Cash Equivalents . . . . . . . . . . . . . . 9 Accounts Receivable . . . . . . . . . . . . . . . . . 9 Coal in Storage - at average cost . . . . . . . . . . 25,642 Materials and Supplies - at average cost. . . . . . . 10,309 Prepayments and Other . . . . . . . . . . . . . . . . 627 TOTAL CURRENT ASSETS. . . . . . . . . . . . . 36,596 FUTURE FEDERAL INCOME TAX BENEFITS. . . . . . . . . . . 53,365 REGULATORY ASSETS . . . . . . . . . . . . . . . . . . . 22,900 DEFERRED CHARGES. . . . . . . . . . . . . . . . . . . . 11,227 TOTAL . . . . . . . . . . . . . . . . . . . $180,427 CAPITALIZATION AND LIABILITIES CAPITALIZATION: Common Stock, No Par Value Authorized - 100,000 Shares Outstanding - 17,000 Shares . . . . . . . . . . . . $ 3,400 CURRENT LIABILITIES: Accounts Payable. . . . . . . . . . . . . . . . . . . 40,201 Taxes Accrued . . . . . . . . . . . . . . . . . . . . 2,602 Interest Accrued and Other. . . . . . . . . . . . . . 2,996 TOTAL CURRENT LIABILITIES . . . . . . . . . . 45,799 AMOUNTS DUE TO CUSTOMERS FOR FEDERAL INCOME TAXES . . . 53,365 POSTRETIREMENT BENEFIT OBLIGATION . . . . . . . . . . . 18,444 ADVANCES FROM PARENT COMPANY FOR CONSTRUCTION . . . . . 51,126 DEFERRED CREDITS. . . . . . . . . . . . . . . . . . . . 8,293 TOTAL . . . . . . . . . . . . . . . . . . . $180,427 D-5 INDIANA-KENTUCKY ELECTRIC CORPORATION STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING ACTIVITIES: Net Income. . . . . . . . . . . . . . . . . . . . . . $ - Adjustments for Noncash Items: Depreciation. . . . . . . . . . . . . . . . . . . . 7,421 Changes in Certain Current Assets and Liabilities: Accounts Receivable . . . . . . . . . . . . . . . 675 Coal, Materials and Supplies. . . . . . . . . . . (5,179) Accounts Payable. . . . . . . . . . . . . . . . . 18,298 Other (net) . . . . . . . . . . . . . . . . . . . . (3,908) Net Cash Flows From Operating Activities . . . . 17,307 INVESTING ACTIVITIES: Construction Expenditures . . . . . . . . . . . . . . (14,369) Reimbursement for Plant Replacements and Additional Facilities. . . . . . . . . . . . . . . . 7,956 Advances Returned to Parent . . . . . . . . . . . . . (6,896) Net Cash Flows Used For Investing Activities . . (13,309) FINANCING ACTIVITIES - Coal Purchase Obligation . . . . (4,000) Net Decrease in Cash and Cash Equivalents . . . . . . (2) Cash and Cash Equivalents January 1 . . . . . . . . . 11 Cash and Cash Equivalents December 31 . . . . . . . . $ 9 Supplemental Disclosure: Interest Paid (net of capitalized amounts). . . . . . $436 D-6 OHIO VALLEY ELECTRIC CORPORATION STATEMENT OF INCOME YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING REVENUES. . . . . . . . . . . . . . . . . . . $345,488 OPERATING EXPENSES: Fuel. . . . . . . . . . . . . . . . . . . . . . . . . 92,793 Purchased Power . . . . . . . . . . . . . . . . . . . 194,352 Other Operation . . . . . . . . . . . . . . . . . . . 23,606 Maintenance . . . . . . . . . . . . . . . . . . . . . 19,386 Depreciation. . . . . . . . . . . . . . . . . . . . . 481 Taxes Other Than Federal Income Taxes . . . . . . . . 5,465 Federal Income Taxes. . . . . . . . . . . . . . . . . 2,076 TOTAL OPERATING EXPENSES. . . . . . . . . . . 338,159 OPERATING INCOME. . . . . . . . . . . . . . . . . . . . 7,329 NONOPERATING INCOME . . . . . . . . . . . . . . . . . . 421 INCOME BEFORE INTEREST CHARGES. . . . . . . . . . . . . 7,750 INTEREST CHARGES. . . . . . . . . . . . . . . . . . . . 5,620 NET INCOME. . . . . . . . . . . . . . . . . . . . . . . $ 2,130 OHIO VALLEY ELECTRIC CORPORATION STATEMENT OF RETAINED EARNINGS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) RETAINED EARNINGS JANUARY 1 . . . . . . . . . . . . . . $2,040 NET INCOME. . . . . . . . . . . . . . . . . . . . . . . 2,130 CASH DIVIDENDS DECLARED . . . . . . . . . . . . . . . . 2,175 RETAINED EARNINGS DECEMBER 31 . . . . . . . . . . . . . $1,995 D-7 OHIO VALLEY ELECTRIC CORPORATION BALANCE SHEET DECEMBER 31, 1999 (in thousands) (UNAUDITED) ASSETS ELECTRIC UTILITY PLANT: Electric Plant (at cost). . . . . . . . . . . . . . . $295,545 Construction Work in Progress . . . . . . . . . . . . 8,146 Total Electric Utility Plant. . . . . . . . . 303,691 Accumulated Depreciation and Amortization . . . . . . 289,816 NET ELECTRIC UTILITY PLANT. . . . . . . . . . 13,875 INVESTMENTS AND OTHER . . . . . . . . . . . . . . . . . 54,526 CURRENT ASSETS: Cash and Cash Equivalents . . . . . . . . . . . . . . 2,762 Accounts Receivable . . . . . . . . . . . . . . . . . 50,573 Coal in Storage - at average cost . . . . . . . . . . 6,375 Materials and Supplies - at average cost. . . . . . . 10,676 Prepayments and Other . . . . . . . . . . . . . . . . 6,089 TOTAL CURRENT ASSETS. . . . . . . . . . . . . 76,475 FUTURE FEDERAL INCOME TAX BENEFITS. . . . . . . . . . . 21,921 REGULATORY ASSETS . . . . . . . . . . . . . . . . . . . 29,205 DEFERRED CHARGES. . . . . . . . . . . . . . . . . . . . 293 TOTAL . . . . . . . . . . . . . . . . . . . $196,295 D-8 OHIO VALLEY ELECTRIC CORPORATION BALANCE SHEET DECEMBER 31, 1999 (in thousands) (UNAUDITED) CAPITALIZATION AND LIABILITIES SHAREHOLDERS' EQUITY: Common Stock - Par Value $100: Authorized - 300,000 Shares Outstanding - 100,000 Shares. . . . . . . . . . . . $ 10,000 Retained Earnings . . . . . . . . . . . . . . . . . . 1,995 Total Shareowners' Equity . . . . . . . . . . 11,995 Long-term Debt - Notes Payable. . . . . . . . . . . . 43,949 TOTAL CAPITALIZATION. . . . . . . . . . . . . 55,944 CURRENT LIABILITIES: Long-term Debt Due Within One Year. . . . . . . . . . 13,956 Short-term Debt . . . . . . . . . . . . . . . . . . . 50,000 Accounts Payable. . . . . . . . . . . . . . . . . . . 7,619 Taxes Accrued . . . . . . . . . . . . . . . . . . . . 8,838 Interest Accrued and Other. . . . . . . . . . . . . . 2,316 TOTAL CURRENT LIABILITIES . . . . . . . . . . 82,729 INVESTMENT TAX CREDITS. . . . . . . . . . . . . . . . . 10,610 POSTRETIREMENT BENEFIT OBLIGATION . . . . . . . . . . . 20,081 AMOUNTS DUE TO CUSTOMERS FOR FEDERAL INCOME TAXES . . . 19,649 OTHER REGULATORY LIABILITIES AND DEFERRED CREDITS . . . 7,282 TOTAL . . . . . . . . . . . . . . . . . . . $196,295 D-9 OHIO VALLEY ELECTRIC CORPORATION STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 1999 (in thousands) (UNAUDITED) OPERATING ACTIVITIES: Net Income. . . . . . . . . . . . . . . . . . . . . . $ 2,130 Adjustments for Noncash Items: Depreciation. . . . . . . . . . . . . . . . . . . . 481 Future Federal Income Tax Benefits. . . . . . . . . 1,090 Changes in Certain Current Assets and Liabilities: Accounts Receivable . . . . . . . . . . . . . . . (21,251) Coal, Materials and Supplies. . . . . . . . . . . 3,675 Accounts Payable. . . . . . . . . . . . . . . . . (220) Accrued Taxes . . . . . . . . . . . . . . . . . . (1,852) SO2 Allowances. . . . . . . . . . . . . . . . . . 867 Other (net) . . . . . . . . . . . . . . . . . . . . 3,908 Net Cash Flows Used For Operating Activities . . (11,172) INVESTING ACTIVITIES: Construction Expenditures . . . . . . . . . . . . . . (7,836) Reimbursement for Plant Replacements and Additional Facilities. . . . . . . . . . . . . . . . 1,400 Advances Returned from Subsidiary . . . . . . . . . . 6,896 Net Cash Flows From Investing Activities . . . . 460 FINANCING ACTIVITIES: Retirement of Long-term Debt. . . . . . . . . . . . . (7,396) Coal Purchase Obligation. . . . . . . . . . . . . . . (8,000) Change in Short-term Debt . . . . . . . . . . . . . . 30,000 Dividends Paid. . . . . . . . . . . . . . . . . . . . (2,175) Net Cash Flows From Financing Activities . . . . 12,429 Net Increase in Cash and Cash Equivalents . . . . . . 1,717 Cash and Cash Equivalents January 1 . . . . . . . . . 1,045 Cash and Cash Equivalents December 31 . . . . . . . . $ 2,762 Supplemental Disclosure: Interest Paid (net of capitalized amounts). . . . . . $5,841 Income Taxes Paid . . . . . . . . . . . . . . . . . . $3,000 D-10 YORKSHIRE POWER GROUP LIMITED CONSOLIDATED STATEMENT OF INCOME TWELVE MONTHS ENDED DECEMBER 31, 1999 (in millions) (UNAUDITED) OPERATING REVENUES. . . . . . . . . . . . . . . . . $2,322 COST OF SALES . . . . . . . . . . . . . . . . . . . 1,601 GROSS PROFIT. . . . . . . . . . . . . . . . . . . . 721 OPERATING COSTS . . . . . . . . . . . . . . . . . . 427 OPERATING INCOME. . . . . . . . . . . . . . . . . . 294 NONOPERATING INCOME (NET) . . . . . . . . . . . . . 1 INCOME BEFORE INTEREST CHARGES. . . . . . . . . . . 295 INTEREST CHARGES. . . . . . . . . . . . . . . . . . 184 INCOME BEFORE TAXES . . . . . . . . . . . . . . . . 111 TAXES . . . . . . . . . . . . . . . . . . . . . . . 21 NET INCOME. . . . . . . . . . . . . . . . . . . . . $ 90 YORKSHIRE POWER GROUP LIMITED CONSOLIDATED STATEMENT OF RETAINED EARNINGS TWELVE MONTHS ENDED DECEMBER 31, 1999 (in millions) (UNAUDITED) ACCUMULATED DEFICIT JANUARY 1 . . . . . . . . . . . $(64) NET INCOME. . . . . . . . . . . . . . . . . . . . . 90 RETAINED EARNINGS DECEMBER 31 . . . . . . . . . . . $ 26 D-11 YORKSHIRE POWER GROUP LIMITED CONSOLIDATED BALANCE SHEET DECEMBER 31, 1999 (in millions) (UNAUDITED) ASSETS ELECTRIC UTILITY PLANT: Property, Plant and Equipment . . . . . . . . . . . $1,891 Accumulated Depreciation and Amortization . . . . . 224 NET ELECTRIC UTILITY PLANT. . . . . . . . . 1,667 CURRENT ASSETS: Cash and Cash Equivalents . . . . . . . . . . . . . 15 Accounts Receivable . . . . . . . . . . . . . . . . 335 Other Current Assets. . . . . . . . . . . . . . . . 97 TOTAL CURRENT ASSETS. . . . . . . . . . . . 447 DEFERRED DEBITS . . . . . . . . . . . . . . . . . . . 1,754 TOTAL . . . . . . . . . . . . . . . . . . $3,868 CAPITALIZATION AND LIABILITIES SHAREHOLDERS' EQUITY: Common Stock. . . . . . . . . . . . . . . . . . . . $ 709 Retained Earnings . . . . . . . . . . . . . . . . . 26 Total Shareholders' Equity. . . . . . . . . 735 Long-term Debt. . . . . . . . . . . . . . . . . . . 1,553 TOTAL CAPITALIZATION. . . . . . . . . . . . 2,288 OTHER NONCURRENT LIABILITIES. . . . . . . . . . . . . 916 CURRENT LIABILITIES . . . . . . . . . . . . . . . . . 664 TOTAL . . . . . . . . . . . . . . . . . . $3,868 D-12 YORKSHIRE POWER GROUP LIMITED CONSOLIDATED STATEMENT OF CASH FLOWS TWELVE MONTHS ENDED DECEMBER 31, 1999 (in millions) (UNAUDITED) NET CASH FLOWS FROM OPERATING ACTIVITIES. . . . . . $ 156 INVESTING ACTIVITIES: Construction Expenditures . . . . . . . . . . . . (225) Proceeds From Sale of Discontinued Operations . . 150 Proceeds From Property, Plant & Equipment Sales . 12 Proceeds From Sale of Long-term Investments . . . 5 Purchase of Short-term Investments. . . . . . . . 19 Other . . . . . . . . . . . . . . . . . . . . . . (3) Net Cash Flows Used For Investing Activities (42) FINANCING ACTIVITIES: Issuance of Long-term Debt. . . . . . . . . . . . (14) Change in Short-term Debt (net) . . . . . . . . . 127 Retirement of Long-term Debt. . . . . . . . . . . (225) Net Cash Flows Used For Financing Activities (112) Net Increase in Cash and Cash Equivalents . . . . 2 Cash and Cash Equivalents January 1 . . . . . . . 13 Cash and Cash Equivalents December 31 . . . . . . $ 15 Supplemental Disclosure: Interest Paid (net of capitalized amounts). . . . $179 Income Taxes Refunded . . . . . . . . . . . . . . $(1) D-13 EXHIBIT A Incorporation By Reference Form 10K Annual Report Year File Number AEP 1999 1-3525 AEGCo 1999 0-18135 APCo 1999 1-3457 CSPCo 1999 1-2680 I&M 1999 1-3570 KEPCo 1999 1-6858 OPCo 1999 1-6543 EXHIBIT B EXHIBIT INDEX Certain of the following exhibits, designated with an asterisk(*), are filed herewith. The exhibits not so designated have heretofore been filed with the Commission and, pursuant to 17 C.F.R. 229.10(d) and 240.12b-32, are incorporated herein by reference to the documents indicated in brackets following the descriptions of such exhibits. Exhibits, designated with a dagger (?), are management contracts or compensatory plans or arrangements required to be filed as an exhibit to this form pursuant to Item 14(c) of this report. Exhibit Number Description AEGCo 3(a) - - Copy of Articles of Incorporation of AEGCo [Registration Statement on Form 10 for the Common Shares of AEGCo, File No. 0-18135, Exhibit 3(a)]. 3(b) - - Copy of the Code of Regulations of AEGCo [Registration Statement on Form 10 for the Common Shares of AEGCo, File No. 0-18135, Exhibit 3(b)]. 10(a) - - Copy of Capital Funds Agreement dated as of December 30, 1988 between AEGCo and AEP [Registration Statement No. 33-32752, Exhibit 28(a)]. 10(b)(1) - - Copy of Unit Power Agreement dated as of March 31, 1982 between AEGCo and I&M, as amended [Registration Statement No. 33-32752, Exhibits 28(b)(1)(A) and 28(b)(1)(B)]. 10(b)(2) - - Copy of Unit Power Agreement, dated as of August 1, 1984, among AEGCo, I&M and KEPCo [Registration Statement No. 33-32752, Exhibit 28(b)(2)]. 10(b)(3) - - Copy of Agreement, dated as of October 1, 1984, among AEGCo, I&M, APCo and Virginia Electric and Power Company [Registration Statement No. 33-32752, Exhibit 28(b)(3)]. 10(c) - - Copy of Lease Agreements, dated as of December 1, 1989, between AEGCo and Wilmington Trust Company, as amended [Registration Statement No. 33-32752, Exhibits 28(c)(1)(C), 28(c)(2)(C), 28(c)(3)(C), 28(c)(4)(C), 28(c)(5)(C) and 28(c)(6)(C); Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1993, File No. 0-18135, Exhibits 10(c)(1)(B), 10(c)(2)(B), 10(c)(3)(B), 10(c)(4)(B), 10(c)(5)(B) and 10(c)(6)(B)]. *13 - - Copy of those portions of the AEGCo 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. *24 - - Power of Attorney. *27 - - Financial Data Schedules. AEP? 3(a) - - Copy of Restated Certificate of Incorporation of AEP, dated October 29, 1997 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1997, File No. 1-3525, Exhibit 3(a)]. 3(b) - - Copy of Certificate of Amendment of the Restated Certificate of Incorporation of AEP, dated January 13, 1999 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 3(b)]. 3(c) - - Composite copy of the Restated Certificate of Incorporation of AEP, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 3(c)]. 3(d) - - Copy of By-Laws of AEP, as amended through January 28, 1998 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 3(b)]. 10(a) - - Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)]. AEP (continued) 10(b) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. 10(c) - - Copy of Lease Agreements, dated as of December 1, 1989, between AEGCo or I&M and Wilmington Trust Company, as amended [Registration Statement No. 33-32752, Exhibits 28(c)(1)(C), 28(c)(2)(C), 28(c)(3)(C), 28(c)(4)(C), 28(c)(5)(C) and 28(c)(6)(C); Registration Statement No. 33-32753, Exhibits 28(a)(1)(C), 28(a)(2)(C), 28(a)(3)(C), 28(a)(4)(C), 28(a)(5)(C) and 28(a)(6)(C); and Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1993, File No. 0-18135, Exhibits 10(c)(1)(B), 10(c)(2)(B), 10(c)(3)(B), 10(c)(4)(B), 10(c)(5)(B) and 10(c)(6)(B); Annual Report on Form 10-K of I&M for the fiscal year ended December 31, 1993, File No. 1-3570, Exhibits 10(e)(1)(B), 10(e)(2)(B), 10(e)(3)(B), 10(e)(4)(B), 10(e)(5)(B) and 10(e)(6)(B)]. 10(d) - - Lease Agreement dated January 20, 1995 between OPCo and JMG Funding, Limited Partnership, and amendment thereto (confidential treatment requested) [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1994, File No. 1-6543, Exhibit 10(l)(2)]. 10(e) - - Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)]. 10(f)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(f)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of AEP dated December 15, 1999, File No. 1-3525, Exhibit 10]. ?10(g)(1) - - AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(e)]. ?10(g)(2) - - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525, Exhibit 10(d)(2)]. ?10(h) - - AEP Accident Coverage Insurance Plan for directors [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(g)]. ?10(i)(1) - - AEP Deferred Compensation and Stock Plan for Non-Employee Directors [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(f)(1)]. ?10(i)(2) - - AEP Stock Unit Accumulation Plan for Non-Employee Directors [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(f)(2)]. ?10(j)(1)(A) - - AEP System Excess Benefit Plan, Amended and Restated as of August 1, 1999 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(a)]. ?10(j)(1)(B) - - Guaranty by AEP of the Service Corporation Excess Benefits Plan [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(h)(1)(B)]. AEP? (continued) ?10(j)(2) - - AEP System Supplemental Savings Plan, Amended and Restated as of November 1, 1999 (Non-Qualified) [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(b)]. ?10(j)(3) - - Service Corporation Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)]. ?10(k) - - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135, Exhibit 10(g)(3)]. ?10(l)(1) - - AEP System Senior Officer Annual Incentive Compensation Plan [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)]. ?10(l)(2) - - American Electric Power System Performance Share Incentive Plan, as Amended and Restated through February 26, 1997 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(2)]. ?10(m) - - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10]. ?10(n) - - Letter agreement between AEP and Donald M. Clements, Jr. dated August 19, 1994 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 10(n)]. ?10(o) - - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation, effective March 1, 1999 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 10(o)]. ?*10(p) - - AEP Change In Control Agreement. *13 - - Copy of those portions of the AEP 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. *21 - - List of subsidiaries of AEP. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. APCo? 3(a) - - Copy of Restated Articles of Incorporation of APCo, and amendments thereto to November 4, 1993 [Registration Statement No. 33-50163, Exhibit 4(a); Registration Statement No. 33-53805, Exhibits 4(b) and 4(c)]. 3(b) - - Copy of Articles of Amendment to the Restated Articles of Incorporation of APCo, dated June 6, 1994 [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1994, File No. 1-3457, Exhibit 3(b)]. 3(c) - - Copy of Articles of Amendment to the Restated Articles of Incorporation of APCo, dated March 6, 1997 [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1996, File No. 1-3457, Exhibit 3(c)]. 3(d) - - Composite copy of the Restated Articles of Incorporation of APCo (amended as of March 7, 1997) [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1996, File No. 1-3457, Exhibit 3(d)]. *3(e) - - Copy of By-Laws of APCo (amended as of June 1, 1998). APCo? (continued) 4(a) - - Copy of Mortgage and Deed of Trust, dated as of December 1, 1940, between APCo and Bankers Trust Company and R. Gregory Page, as Trustees, as amended and supplemented [Registration Statement No. 2-7289, Exhibit 7(b); Registration Statement No. 2-19884, Exhibit 2(1); Registration Statement No. 2-24453, Exhibit 2(n); Registration Statement No. 2-60015, Exhibits 2(b)(2), 2(b)(3), 2(b)(4), 2(b)(5), 2(b)(6), 2(b)(7), 2(b)(8), 2(b)(9), 2(b)(10), 2(b)(12), 2(b)(14), 2(b)(15), 2(b)(16), 2(b)(17), 2(b)(18), 2(b)(19), 2(b)(20), 2(b)(21), 2(b)(22), 2(b)(23), 2(b)(24), 2(b)(25), 2(b)(26), 2(b)(27) and 2(b)(28); Registration Statement No. 2-64102, Exhibit 2(b)(29); Registration Statement No. 2-66457, Exhibits (2)(b)(30) and 2(b)(31); Registration Statement No. 2-69217, Exhibit 2(b)(32); Registration Statement No. 2-86237, Exhibit 4(b); Registration Statement No. 33-11723, Exhibit 4(b); Registration Statement No. 33-17003, Exhibit 4(a)(ii), Registration Statement No. 33-30964, Exhibit 4(b); Registration Statement No. 33-40720, Exhibit 4(b); Registration Statement No. 33-45219, Exhibit 4(b); Registration Statement No. 33-46128, Exhibits 4(b) and 4(c); Registration Statement No. 33-53410, Exhibit 4(b); Registration Statement No. 33-59834, Exhibit 4(b); Registration Statement No. 33-50229, Exhibits 4(b) and 4(c); Registration Statement No. 33-58431, Exhibits 4(b), 4(c), 4(d) and 4(e); Registration Statement No. 333-01049, Exhibits 4(b) and 4(c); Registration Statement No. 333-20305, Exhibits 4(b) and4(c); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1996, File No. 1-3457, Exhibit 4(b); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1998, Exhibit 4(b)]. 4(b) - - Indenture (for unsecured debt securities), dated as of January 1, 1998, between APCo and The Bank of New York, As Trustee [Registration Statement No. 333-45927, Exhibits 4(a) and 4(b); Registration Statement No. 333-49071, Exhibit 4(b); Registration Statement No. 333-84061, Exhibits 4(b) and 4(c)]. *4(c) - - Company Order and Officers' Certificate, dated October 19, 1999, establishing certain terms of the 7.45% Senior Notes, Series D, due 2004. 10(a)(1) - - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America, acting by and through the United States Atomic Energy Commission, and, subsequent to January 18, 1975, the Administrator of the Energy Research and Development Administration, as amended [Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234, Exhibit 5(a)(1)(B); Registration Statement No 2-66301, Exhibit 5(a)(1)(C); Registration Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(1)(B)]. 10(a)(2) - - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); and Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)]. 10(a)(3) - - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana- Kentucky Electric Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)]. 10(b) - - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)]. APCo? (continued) 10(c) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. 10(d) - - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)]. 10(e)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(e)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of APCo dated December 15, 1999, File No. 1- 3457, Exhibit 10]. ?10(f)(1) - - AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(e)]. ?10(f)(2) - - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525, Exhibit 10(d)(2)]. ?10(g)(1) - - AEP System Senior Officer Annual Incentive Compensation Plan [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)]. ?10(g)(2) - - American Electric Power System Performance Share Incentive Plan as Amended and Restated through February 26, 1997 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(2)]. ?10(h)(1) - - AEP System Excess Benefit Plan, Amended and Restated as of August 1, 1999 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(a)]. ?10(h)(2) - - AEP System Supplemental Savings Plan, Amended and Restated as of November 1, 1999 (Non-Qualified) [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(b)]. ?10(h)(3) - - Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)]. ?10(i) - - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135, Exhibit 10(g)(3)]. ?10(j) - - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10]. ?10(k) - - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation, effective March 1, 1999[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 10(o)]. ?10(l) - - AEP Change In Control Agreement [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1999, File No. 1-3525, Exhibit 10(p)]. *12 - - Statement re: Computation of Ratios. *13 - - Copy of those portions of the APCo 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. APCo? (continued) 21 - - List of subsidiaries of APCo [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1999, File No. 1-3525, Exhibit 21]. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. CSPCo? 3(a) - - Copy of Amended Articles of Incorporation of CSPCo, as amended to March 6, 1992 [Registration Statement No. 33-53377, Exhibit 4(a)]. 3(b) - - Copy of Certificate of Amendment to Amended Articles of Incorporation of CSPCo, dated May 19, 1994 [Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1994, File No. 1-2680, Exhibit 3(b)]. 3(c) - - Composite copy of Amended Articles of Incorporation of CSPCo, as amended [Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1994, File No. 1-2680, Exhibit 3(c)]. 3(d) - - Copy of Code of Regulations and By-Laws of CSPCo [Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1987, File No. 1-2680, Exhibit 3(d)]. 4(a) - - Copy of Indenture of Mortgage and Deed of Trust, dated September 1, 1940, between CSPCo and City Bank Farmers Trust Company (now Citibank, N.A.), as trustee, as supplemented and amended [Registration Statement No. 2-59411, Exhibits 2(B) and 2(C); Registration Statement No. 2-80535, Exhibit 4(b); Registration Statement No. 2-87091, Exhibit 4(b); Registration Statement No. 2-93208, Exhibit 4(b); Registration Statement No. 2-97652, Exhibit 4(b); Registration Statement No. 33-7081, Exhibit 4(b); Registration Statement No. 33-12389, Exhibit 4(b); Registration Statement No. 33-19227, Exhibits 4(b), 4(e), 4(f), 4(g) and 4(h); Registration Statement No. 33-35651, Exhibit 4(b); Registration Statement No. 33-46859, Exhibits 4(b) and 4(c); Registration Statement No. 33-50316, Exhibits 4(b) and 4(c); Registration Statement No. 33-60336, Exhibits 4(b), 4(c) and 4(d); Registration Statement No. 33-50447, Exhibits 4(b) and 4(c); Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1993, File No. 1-2680, Exhibit 4(b)]. 4(b) - - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between CSPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-54025, Exhibits 4(a), 4(b), 4(c) and 4(d); Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1998, File No. 1-2680, Exhibits 4(c) and 4(d)]. 10(a)(1) - - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America, acting by and through the United States Atomic Energy Commission, and, subsequent to January 18, 1975, the Administrator of the Energy Research and Development Administration, as amended [Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234, Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration Statement No. 2-67728, Exhibit 5(a)(1)(B); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(1)(B)]. 10(a)(2) - - Copy of Inter-Company Power Agreement, dated July 10, 1953, among OVEC and the Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); and Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)]. CSPCo? (continued) 10(a)(3) - - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana- Kentucky Electric Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)]. 10(b) - - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M and the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)]. 10(c) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo, and with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. 10(d) - - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)]. 10(e)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(e)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of CSPCo dated December 15, 1999, File No. 1- 2680, Exhibit 10]. *12 - - Statement re: Computation of Ratios. *13 - - Copy of those portions of the CSPCo 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. I&M? 3(a) - - Copy of the Amended Articles of Acceptance of I&M and amendments thereto [Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1993, File No. 1-3570, Exhibit 3(a)]. 3(b) - - Copy of Articles of Amendment to the Amended Articles of Acceptance of I&M, dated March 6, 1997 [Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1996, File No. 1-3570, Exhibit 3(b)]. 3(c) - - Composite Copy of the Amended Articles of Acceptance of I&M (amended as of March 7, 1997) [Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1996, File No. 1-3570, Exhibit 3(c)]. 3(d) - - Copy of the By-Laws of I&M (amended as of January 1, 1996) [Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1995, File No. 1-3570, Exhibit 3(c)]. I&M? (continued) 4(a) - - Copy of Mortgage and Deed of Trust, dated as of June 1, 1939, between I&M and Irving Trust Company (now The Bank of New York) and various individuals, as Trustees, as amended and supplemented [Registration Statement No. 2-7597, Exhibit 7(a); Registration Statement No. 2-60665, Exhibits 2(c)(2), 2(c)(3), 2(c)(4), 2(c)(5), 2(c)(6), 2(c)(7), 2(c)(8), 2(c)(9), 2(c)(10), 2(c)(11), 2(c)(12), 2(c)(13), 2(c)(14), 2(c)(15), (2)(c)(16), and 2(c)(17); Registration Statement No. 2-63234, Exhibit 2(b)(18); Registration Statement No. 2-65389, Exhibit 2(a)(19); Registration Statement No. 2-67728, Exhibit 2(b)(20); Registration Statement No. 2-85016, Exhibit 4(b); Registration Statement No. 33-5728, Exhibit 4(c); Registration Statement No. 33-9280, Exhibit 4(b); Registration Statement No. 33-11230, Exhibit 4(b); Registration Statement No. 33-19620, Exhibits 4(a)(ii), 4(a)(iii), 4(a)(iv) and 4(a)(v); Registration Statement No. 33-46851, Exhibits 4(b)(i), 4(b)(ii) and 4(b)(iii); Registration Statement No. 33-54480, Exhibits 4(b)(I) and 4(b)(ii); Registration Statement No. 33-60886, Exhibit 4(b)(i); Registration Statement No. 33-50521, Exhibits 4(b)(I), 4(b)(ii) and 4(b)(iii); Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1993, File No. 1-3570, Exhibit 4(b); Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1994, File No. 1-3570, Exhibit 4(b); Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1996, File No. 1-3570, Exhibit 4(b)]. 4(b) - - Copy of Indenture (for unsecured debt securities), dated as of October 1, 1998, between I&M and The Bank of New York, as Trustee [Registration Statement No. 333-88523, Exhibits 4(a), 4(b) and 4(c)]. * 4(c) - - Copy of Company Order and Officers' Certificate, dated November 23, 1999, establishing certain terms of the Floating Rate Notes, Series A, due 2000. 10(a)(1) - - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America, acting by and through the United States Atomic Energy Commission, and, subsequent to January 18, 1975, the Administrator of the Energy Research and Development Administration, as amended [Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234, Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(1)(B)]. 10(a)(2) - - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)]. 10(a)(3) - - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana- Kentucky Electric Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)]. 10(a)(4) - - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)]. 10(a)(5) - - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana- Kentucky Electric Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)]. I&M? (continued) 10(b) - - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M, and OPCo and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)]. 10(c) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. 10(d) - - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 1, 1996, File No. 1-3525, Exhibit 10(l)]. 10(e) - - Copy of Nuclear Material Lease Agreement, dated as of December 1, 1990, between I&M and DCC Fuel Corporation [Annual Report on Form 10-K of I&M for the fiscal year ended December 31, 1993, File No. 1-3570, Exhibit 10(d)]. 10(f) - - Copy of Lease Agreements, dated as of December 1, 1989, between I&M and Wilmington Trust Company, as amended [Registration Statement No. 33-32753, Exhibits 28(a)(1)(C), 28(a)(2)(C), 28(a)(3)(C), 28(a)(4)(C), 28(a)(5)(C) and 28(a)(6)(C); Annual Report on Form 10-K of I&M for the fiscal year ended December 31, 1993, File No. 1-3570, Exhibits 10(e)(1)(B), 10(e)(2)(B), 10(e)(3)(B), 10(e)(4)(B), 10(e)(5)(B) and 10(e)(6)(B)]. 10(g)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(g)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of I&M dated December 15, 1999, File No. 1- 3570, Exhibit 10]. *12 - - Statement re: Computation of Ratios. *13 - - Copy of those portions of the I&M 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. 21 - - List of subsidiaries of I&M [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1999, File No. 1-3525, Exhibit 21]. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. KEPCo? 3(a) - - Copy of Restated Articles of Incorporation of KEPCo [Annual Report on Form 10-K of KEPCo for the fiscal year ended December 31, 1991, File No. 1-6858, Exhibit 3(a)]. 3(b) - - Copy of By-Laws of KEPCo (amended as of January 1, 1996) [Annual Report on Form 10-K of KEPCo for the fiscal year ended December 31, 1995, File No. 1-6858, Exhibit 3(b)]. 4(a) - - Copy of Mortgage and Deed of Trust, dated May 1, 1949, between KEPCo and Bankers Trust Company, as supplemented and amended [Registration Statement No. 2-65820, Exhibits 2(b)(1), 2(b)(2), 2(b)(3), 2(b)(4), 2(b)(5), and 2(b)(6); Registration Statement No. 33-39394, Exhibits 4(b) and 4(c); Registration Statement No. 33-53226, Exhibits 4(b) and 4(c); Registration Statement No. 33-61808, Exhibits 4(b) and 4(c), Registration Statement No. 33-53007, Exhibits 4(b), 4(c) and 4(d)]. KEPCo? (continued) 4(b) - - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between KEPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-75785, Exhibits 4(a), 4(b), 4(c) and 4(d)]. *4(c) - - Copy of Company Order and Officers' Certificate, dated November 2, 1999, establishing certain terms of the Floating Rate Notes, Series A, due 2000. 10(a) - - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M and OPCo and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a);Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)]. 10(b) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. 10(c) - - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)]. 10(d)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(d)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of KEPCo dated December 15, 1999, File No. 1- 6858, Exhibit 10]. *12 - - Statement re: Computation of Ratios. *13 - - Copy of those portions of the KEPCo 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. OPCo? 3(a) - - Copy of Amended Articles of Incorporation of OPCo, and amendments thereto to December 31, 1993 [Registration Statement No. 33-50139, Exhibit 4(a); Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1993, File No. 1-6543, Exhibit 3(b)]. 3(b) - - Certificate of Amendment to Amended Articles of Incorporation of OPCo, dated May 3, 1994 [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1994, File No. 1-6543, Exhibit 3(b)]. 3(c) - - Copy of Certificate of Amendment to Amended Articles of Incorporation of OPCo, dated March 6, 1997 [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1996, File No. 1-6543, Exhibit 3(c)]. 3(d) - - Composite copy of the Amended Articles of Incorporation of OPCo (amended as of March 7, 1997) [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1996, File No. 1-6543, Exhibit 3(d)]. 3(e) - - Copy of Code of Regulations of OPCo [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1990, File No. 1-6543, Exhibit 3(d)]. OPCo? (continued) 4(a) - - Copy of Mortgage and Deed of Trust, dated as of October 1, 1938, between OPCo and Manufacturers Hanover Trust Company (now Chemical Bank), as Trustee, as amended and supplemented [Registration Statement No. 2-3828, Exhibit B-4; Registration Statement No. 2-60721, Exhibits 2(c)(2), 2(c)(3), 2(c)(4), 2(c)(5), 2(c)(6), 2(c)(7), 2(c)(8), 2(c)(9), 2(c)(10), 2(c)(11), 2(c)(12), 2(c)(13), 2(c)(14), 2(c)(15), 2(c)(16), 2(c)(17), 2(c)(18), 2(c)(19), 2(c)(20), 2(c)(21), 2(c)(22), 2(c)(23), 2(c)(24), 2(c)(25), 2(c)(26), 2(c)(27), 2(c)(28), 2(c)(29), 2(c)(30), and 2(c)(31); Registration Statement No. 2-83591, Exhibit 4(b); Registration Statement No. 33-21208, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv); Registration Statement No. 33-31069, Exhibit 4(a)(ii); Registration Statement No. 33-44995, Exhibit 4(a)(ii); Registration Statement No. 33-59006, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv); Registration Statement No. 33-50373, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv); Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1993, File No. 1-6543, Exhibit 4(b)]. 4(b) - - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between OPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-49595, Exhibits 4(a), 4(b) and 4(c); Annual Report on Form 10-K for the fiscal year ended December 31, 1998, Exhibits 4(c) and 4(d)]. *4(c) - - Copy of Company Order and Officers' Certificate, dated June 9, 1999, establishing certain terms of the 6.75% Senior Notes, Series B, due 2004. *4(d) - - Copy of Company Order and Officers' Certificate, dated September 1, 1999, establishing certain terms of the 7% Senior Notes, Series C, due 2004. 10(a)(1) - - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America, acting by and through the United States Atomic Energy Commission, and, subsequent to January 18, 1975, the Administrator of the Energy Research and Development Administration, as amended [Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234, Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(1)(B)]. 10(a)(2) - - Copy of Inter-Company Power Agreement, dated July 10, 1953, among OVEC and the Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)]. 10(a)(3) - - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana- Kentucky Electric Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)]. 10(b) - - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M and OPCo and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1990, File 1-3525, Exhibit 10(a)(3)]. 10(c) - - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and with the Service Corporation as agent [Annual Report on Form 10- K of AEP for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)]. OPCo? (continued) 10(d) - - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)]. 10(e) - - Copy of Amendment No. 1, dated October 1, 1973, to Station Agreement dated January 1, 1968, among OPCo, Buckeye and Cardinal Operating Company, and amendments thereto [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1993, File No. 1-6543, Exhibit 10(f)]. 10(f) - - Lease Agreement dated January 20, 1995 between OPCo and JMG Funding, Limited Partnership, and amendment thereto (confidential treatment requested) [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1994, File No. 1-6543, Exhibit 10(l)(2)]. 10(g)(1) - - Agreement and Plan of Merger, dated as of December 21, 1997, by and among American Electric Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 10(f)]. 10(g)(2) - - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current Report on Form 8-K of OPCo dated December 15, 1999, File No. 1- 6543, Exhibit 10]. ?10(h)(1) - - AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(e)]. ?10(h)(2) - - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525, Exhibit 10(d)(2)]. ?10(i)(1) - - AEP System Senior Officer Annual Incentive Compensation Plan [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)]. ?10(i)(2) - - American Electric Power System Performance Share Incentive Plan, as Amended and Restated through February 26, 1997 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(2)]. ?10(j)(1) - - AEP System Excess Benefit Plan, Amended and Restated as of August 1, 1999 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(a)]. ?10(j)(2) - - AEP System Supplemental Savings Plan, Amended and Restated as of November 1, 1999 (Non-Qualified) [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1999, File No. 1-3525, Exhibit 10(b)]. ?10(j)(3) - - Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)]. ?10(k) - - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135, Exhibit 10(g)(3)]. ?10(l) - - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10]. ?10(m) - - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation, effective March 1, 1999[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit 10(o)]. ?10(n) - - AEP Change In Control Agreement [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1999, File No. 1-3525, Exhibit 10(p)]. *12 - - Statement re: Computation of Ratios. OPCo? (continued) *13 - - Copy of those portions of the OPCo 1999 Annual Report (for the fiscal year ended December 31, 1999) which are incorporated by reference in this filing. 21 - - List of subsidiaries of OPCo [Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1999, File No. 1-3525, Exhibit 21]. *23 - - Consent of Deloitte & Touche LLP. *24 - - Power of Attorney. *27 - - Financial Data Schedules. ?Certain instruments defining the rights of holders of long-term debt of the registrants included in the financial statements of registrants filed herewith have been omitted because the total amount of securities authorized thereunder does not exceed 10% of the total assets of registrants. The registrants hereby agree to furnish a copy of any such omitted instrument to the SEC upon request. E-1 EXHIBIT D AMERICAN ELECTRIC POWER COMPANY, INC. AND ITS CONSOLIDATED AFFILIATES TAX AGREEMENT UNDER TITLE 17, CHAPTER II OF THE CODE OF FEDERAL REGULATIONS PARAGRAPH (C) OF SECTION 250.45 REGARDING METHOD OF ALLOCATING CONSOLIDATED INCOME TAXES The below listed affiliated companies, joining in the annual filing of a consolidated federal income tax return with American Electric Power Company, Inc., agree to allocate the consolidated annual net current federal income tax liability and/or benefit to the members of the consolidated group in accordance with the following procedures: ( 1) The consolidated regular federal income tax, exclusive of capital gains and preference taxes and before the application of general business credits including foreign tax credits, shall be apportioned among the members of the consolidated group based on corporate taxable income. Loss companies shall be included in the allocation, receiving a negative tax allocation which is similar to a separate return carryback refund, before considering general business credits, which would have resulted had the loss company historically filed a separate return. ( 2) The corporate taxable income of each member of the group shall be first reduced by its proportionate share of American Electric Power Company, Inc.'s (the holding company) tax loss (excluding the effects of extraordinary items which do not apply to the regulated business) in arriving at adjusted corporate taxable income for each member of the group with positive taxable income. ( 3) To the extent that the consolidated and corporate taxable incomes include material items taxed at rates other than the statutory tax rate (such as capital gains and preference items), the portion of the consolidated tax attributable to these items shall be apportioned directly to the members of the group giving rise to such items. ( 4) General business credits, other tax credits, and foreign tax credits shall be equitably allocated to those members whose investments or contributions generates the tax credit. ( 5) If the tax credits can not be entirely utilized to offset the consolidated tax liability, the tax credit carryover shall be equitably allocated to those members whose investments or contributions generated the credit. ( 6) Should the consolidated group generate a net operating tax loss for a calendar year, the tax benefits of any resultant carryback refund shall be allocated proportionately to member companies that generated corporate tax losses in the year the consolidated net operating loss was generated. Any related loss of general business credits, shall be allocated to the member companies that utilized the credits in the prior year in the same proportion that the credit lost is to the total credit utilized in the prior year. A consolidated net operating tax loss carryfoward shall be allocated proportionately to member companies that generated the original tax losses that gave rise to the consolidated net operating tax loss carryforward. ( 7) A member with a net positive tax allocation shall pay the holding company the net amount allocated, while a tax loss member with a net negative tax allocation shall receive current payment from the holding company in the amount of its negative allocation. The payment made to a member with a tax loss should equal the amount by which the consolidated tax is reduced by including the member's net corporate tax loss in the consolidated tax return. The holding company shall pay to the Internal Revenue Service the consolidated group's net current federal income tax liability from the net of the receipts and payments. ( 8) No member of the consolidated group shall be allocated a federal income tax which is greater than the federal income tax computed as if such member had filed a separate return. ( 9) In the event the consolidated tax liability is subsequently revised by Internal Revenue Service audit adjustments, amended returns, claims for refund, or otherwise, such changes shall be allocated in the same manner as though the adjustments on which they are based had formed part of the original consolidated return using the tax allocation agreement which was in effect at that time. Any current state tax liability and/or benefit associated with a state tax return involving more than one member of the consolidated group, shall be allocated to such members following the principles set forth above for current federal income taxes. Due to certain states utilizing a unitary approach, the consolidated return liability may exceed the sum of the liabilities computed for each company on a separate return basis. If this occurs, the excess of the consolidated liability over the sum of the separate return liabilities shall be allocated proportionally based on each member's contribution to the consolidated apportionment percentage. If additional tax is attributable to a significant transaction or event, such additional tax shall be allocated directly to the members who are party to said transaction or event. This agreement is subject to revision as a result of changes in federal and state tax law and relevant facts and circumstances. The above procedures for apportioning the consolidated annual net current federal and state tax liabilities and expenses of American Electric Power Company, Inc. and its consolidating affiliates have been agreed to by each of the below listed members of the consolidated group as evidenced by the signature of an officer of each company. COMPANY OFFICER'S SIGNATURE American Electric Power Company, Inc. /s/ Henry Fayne American Electric Power Service Corporation /s/ Henry Fayne AEP Communications, Inc. /s/ Henry Fayne AEP Delaware Investment Company /s/ A. A. Pena AEP Delaware Investment Company II /s/ A. A. Pena AEP Energy Management, LLC /s/ A. A. Pena AEP Energy Services, Inc. /s/ Henry Fayne AEP Generating Company /s/ Henry Fayne AEP Investments, Inc. /s/ Henry Fayne AEP Power Marketing, Inc. /s/ Henry Fayne AEP Resources, Inc. /s/ Henry Fayne AEP Resources Gas Holding Company /s/ A. A. Pena AEP Resources Investments, Inc. /s/ A. A. Pena AEP Resources Ventures, Inc. /s/ A. A. Pena AEP Resources Ventures II Inc. /s/ A. A. Pena AEP Resources Ventures III Inc. /s/ A. A. Pena AEP Resources Service Company /s/ Henry Fayne Appalachian Power Company /s/ Henry Fayne Blackhawk Coal Company /s/ Henry Fayne Cedar Coal Company /s/ Henry Fayne Central Appalachian Coal Company /s/ Henry Fayne Central Coal Company /s/ Henry Fayne Central Ohio Coal Company /s/ Henry Fayne Colomet, Inc. /s/ Henry Fayne Columbus Southern Power Company /s/ Henry Fayne Conesville Coal Preparation Company /s/ Henry Fayne Franklin Real Estate Company /s/ Henry Fayne Indiana Franklin Realty, Inc. /s/ Henry Fayne Indiana Michigan Power Company /s/ Henry Fayne Kentucky Power Company /s/ Henry Fayne Kingsport Power Company /s/ Henry Fayne LIG, Inc. /s/ A. A. Pena LIG Chemical Company /s/ A. A. Pena LIG Liquids Company, LLC /s/ A. A. Pena LIG Pipeline Company /s/ A. A. Pena Louisiana Intrastate Gas Company LLC /s/ A. A. Pena Ohio Power Company /s/ Henry Fayne Price River Coal Company, Inc. /s/ Henry Fayne Simco, Inc. /s/ Henry Fayne Southern Appalachian Coal Company /s/ Henry Fayne Southern Ohio Coal Company /s/ Henry Fayne Tuscaloosa Pipeline Company /s/ A. A. Pena West Virginia Power Company /s/ Henry Fayne Wheeling Power Company /s/ Henry Fayne Windsor Coal Company /s/ Henry Fayne EXHIBIT E CONTENTS 1 CHART OF ACCOUNTS FOR AEP SYSTEM COMPANIES - PER RULE 26 2 COPIES OF PERSONNEL POLICIES AS THEY RELATE TO RULE 48(b) ____________________________________________________________ EXHIBIT E DOCUMENT: CHART OF ACCOUNTS FOR AEP SYSTEM COMPANIES Pursuant to Rule 26 the identity of the chart of accounts used by American Electric Power Company, Inc. and each subsidiary company is indicated below. The Federal Energy Regulatory Commission Uniform System of Accounts, indicated by "FERC USA", is used by most of the companies. Chart of Accounts American Electric Power Company, Inc. (AEP) FERC USA (a) AEP Communications, Inc. (AEPC) FERC USA (a) AEP Communications, LLC (AEPCLLC) FERC USA (a) AEP Energy Services, Inc. (AEPES) FERC USA (a) AEP Generating Company (AEGCo) FERC USA AEP Investments, Inc. (AEPINV) FERC USA (a) AEP Power Marketing, Inc. (AEPPM) FERC USA (a) AEP Resources Service Company (AEPRESC) FERC USA (a) AEP Resources, Inc. (AEPR) FERC USA (a) AEP Delaware Investment Company(AEPDI) FERC USA (a) AEP Holding I CV (AEPHLD) FERC USA (a) AEP Holding II CV (AEPHLDII) FERC USA (a) AEP Energy Services Limited (AEPES-UK) FERC USA (a) AEP Funding Limited FERC USA (a) AEPR Global Investments B.V. (AEPRGI) FERC USA (a) AEPR Global Holland Holding B.V. (AEPRGHH) FERC USA (a) AEPR Global Ventures B.V. (AEPRGV) FERC USA (a) Australian Energy International Pty. Ltd. FERC USA (a) AEI (Loy Yang) Pty. Ltd. FERC USA (a) Intergen Denmark, Aps FERC USA (a) AEP Delaware Investment Company II (AEPDII) FERC USA (a) AEP Energy Management, LLC FERC USA (a) AEP Resources Australia Holdings Pty Ltd (AEHOL) (d) AEP Resources CitiPower I Pty, Ltd (AECP1) (d) Australia's Energy Partnership (AEPNP) (d) Marregon (No. 2) Pty, Ltd (LDC1) (d) CitiPower, Pty (CTP) (d) Citipower Trust (TRUST) (d) Marregon Pty, Ltd (AEMAR) (d) AEP Resources CitiPower II Pty, Ltd (AECP2) (d) AEP Resources Australia Pty., Ltd. (AEPRA) FERC USA (a) Pacific Hydro Limited FERC USA (a) AEP Resources Limited (AEPRL) FERC USA (a) AEP Resources Gas Holding Company (AEPRGH) FERC USA AEP Resources Investments, Inc. (AEPRINV) FERC USA LIG Pipeline Company (LIGPIPE) FERC USA LIG, Inc. (LIGINC) FERC USA Louisiana Intrastate Gas Company, L.L.C. (LIG) FERC USA LIG Chemical Company (LIGCHEM) FERC USA LIG Liquids Company, L.L.C. (LIGLIQ) FERC USA LIG Liquids Company, L.L.C. (LIGLIQ) FERC USA Tuscaloosa Pipeline Company (TUSCALOOSA) FERC USA AEP Resources Ventures, Inc. (VENTURES)(F) FERC USA AEP Acquisition L.L.C. (AEPACQ) FERC USA Jefferson Island Storage & Hub L.L.C. (JISH) FERC USA AEP Resources Ventures II, Inc. (VENTURES II) FERC USA AEP Resources Ventures III, Inc. (VENTURES III) FERC USA AEP Resources International, Ltd. (AEPRI) FERC USA (a) AEP Pushan Power, LDC (PUSHAN) FERC USA (a) Nanyang General Light Electric Co., Ltd. (NGLE) FERC USA AEP Resources Mauritius Company (MAURITIUS) FERC USA (a) AEP Resources Mauritius Investment Company FERC USA (a) AEP Resources Project Management Company, Ltd. (AEPRPM) FERC USA (a) Yorkshire Power Group Limited (c) Yorkshire Cayman Holding Limited (c) Yorkshire Holdings plc (c) Yorkshire Electricity Group plc (c) Yorkshire Power Finance Limited (c) Yorkshire Power Finance Limited (c) American Electric Power Service Corporation (AEPSC) FERC USA (a) Appalachian Power Company (APCo) FERC USA Cedar Coal Co. (CeCCo) FERC USA (b) Central Appalachian Coal Company (CACCo) FERC USA (b) Central Coal Company (CCCo) FERC USA (b) Southern Appalachian Coal Company (SACCo) FERC USA (b) West Virginia Power Company (WVPCo) FERC USA Columbus Southern Power Company (CSPCo) FERC USA Colomet, Inc.(COLM) FERC USA Conesville Coal Preparation Company (CCPC) FERC USA (b) Simco Inc. (Simco) FERC USA Ohio Valley Electric Corporation (OVEC) FERC USA Franklin Real Estate Company (FRECo) FERC USA (a) Indiana Franklin Realty, Inc. (IFRI) FERC USA (a) Indiana Michigan Power Company (I&M) FERC USA Blackhawk Coal Company (BHCCo) FERC USA (b) Price River Coal Company (PRCCo) FERC USA (b) Kentucky Power Company (KEPCo) FERC USA Kingsport Power Company (KGPCo) FERC USA Ohio Power Company (OPCo) FERC USA Cardinal Operating Company (CdOCo) FERC USA Central Coal Company (CCCo) FERC USA (b) Central Ohio Coal Company (COCCo) FERC USA (b) Southern Ohio Coal Company (SOCCo) FERC USA (b) Windsor Coal Company (WCCo) FERC USA (b) Ohio Valley Electric Corporation (OVEC) FERC USA Indiana-Kentucky Electric Corporation (IKEC) FERC USA Wheeling Power Company (WPCo) FERC USA NOTES: (a) These companies use the FERC Uniform System of Accounts as modified to adopt accounts applicable to business operations. (b) These companies use the FERC Uniform System of Accounts except for the operation and maintenance accounts. (c) These companies use the chart of accounts filed as part of exhibit E with the 1999 Form U5S Annual report. (d) The chart of accounts for these companies is listed below: AEP Resources Australia Holdings Pty. Ltd. AEP Resources CitiPower I Pty, Ltd. AEP Resources CitiPower II Pty, Ltd. Australia's Energy Partnership Marregon Pty, Ltd. Marregon (No. 2) Pty Ltd (LDC1) CitiPower Pty, Ltd. CitiPower Trust Assets: Transmission Plant Distribution Plant General Plant Construction Work in Progress Accumulated Depreciation Investments Intangible Assets Accumulated Amortization of Intangible Assets Cash Accounts Receivable Allowance for Doubtful Accounts Accrued Revenue Other Current Assets Deferred Charges Other Noncurrent Assets Liabilities and Equity: Capital Stock Retained Earnings Cumulative Translation Adjustment Long-term Debt Current Liabilities Accrued Interest Other Accrued Liabilities Deferred Taxes Revenue and Expense: Revenues Purchased Power Depreciation and Amortization Other Taxes General and Administrative Nonoperating Income Interest Expense Income Taxes EXHIBIT E DOCUMENT: COPIES OF PERSONNEL POLICIES AS THEY RELATE TO RULE 48(b): American Electric Power Exempt Employees and Nonexempt Supervisors Relocation Expense Policy . . . . . . . Incorporated by Reference to 1994 Form U5S Annual Report, File No. 30-150 ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 7,651.67 0.00 7,651.67 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 253.27 0.00 213.67 39.60 0.00 CUSTOMER SERVICES 49,600.95 0.00 49,600.95 0.00 0.00 ENGENEERING & PLANNING 28,780.15 0.00 9,002.19 0.00 0.00 ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 0.00 STORES 0.00 0.00 0.00 0.00 0.00 OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 OPERATIONS-METER 12,813.83 0.00 8,680.10 4,133.73 0.00 OPERATIONS-LINE 48,038.79 0.00 43,806.47 1,799.73 1,045.30 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00 JOINT USE 0.00 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 7.00 0.00 7.00 0.00 0.00 PROTECTION & CONTROL 5,075.53 0.00 5,075.53 0.00 0.00 STATION 142,347.55 0.00 142,347.55 0.00 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 9,510.43 0.00 9,510.43 0.00 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00 PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 190.64 0.00 190.64 0.00 0.00 CORPORATE COMMUNICATIONS 0.00 0.00 0.00 0.00 0.00 RATES 0.00 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 14,503.91 0.00 5,301.13 1,677.24 210.71 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 34,614.64 0.00 34,614.64 0.00 0.00 BUILDING SERVICES 17,691.04 0.00 17,691.04 0.00 0.00 OFFICE SERVICES 0.00 0.00 0.00 0.00 0.00 LABOR FRINGES ON O&M LABOR 36,305.18 0.00 29,883.17 425.08 41.47 TOTAL O&M COSTS 407,384.58 0.00 363,576.18 8,075.38 1,297.48 CONSTRUCTION, RETIRE, OTHER WI 121,745.32 0.00 105,656.34 13,598.50 (11.52) MATERIAL & SUPPLY COSTS 14,063.02 0.00 14,086.86 0.00 (80.55) FACILITY COSTS 24,840.00 0.00 0.00 0.00 0.00 INVESTMENT CARRYING CHARGES 9,948.00 0.00 0.00 0.00 0.00 COMPANY TOTAL 577,980.92 0.00 483,319.38 21,673.88 1,205.41
KINGSPORT POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 0.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 0.00 0.00 0.00 0.00 CUSTOMER SERVICES 0.00 0.00 0.00 0.00 ENGENEERING & PLANNING 0.00 0.00 19,777.96 0.00 ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 STORES 0.00 0.00 0.00 0.00 OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 OPERATIONS-METER 0.00 0.00 0.00 0.00 OPERATIONS-LINE 30.84 709.03 647.42 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 0.00 0.00 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 JOINT USE 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION 0.00 0.00 0.00 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 0.00 0.00 0.00 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 0.00 0.00 0.00 PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 0.00 0.00 0.00 0.00 RATES 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 11.09 7,119.10 184.64 0.00 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 0.00 0.00 0.00 0.00 BUILDING SERVICES 0.00 0.00 0.00 0.00 OFFICE SERVICES 0.00 0.00 0.00 0.00 LABOR FRINGES ON O&M LABOR 2.31 53.00 5,900.15 0.00 TOTAL O&M COSTS 44.24 7,881.13 26,510.17 0.00 CONSTRUCTION, RETIRE, OTHER WI 0.00 2,502.00 0.00 0.00 MATERIAL & SUPPLY COSTS 0.00 0.00 56.71 0.00 FACILITY COSTS 0.00 0.00 0.00 24,840.00 INVESTMENT CARRYING CHARGES 0.00 0.00 0.00 9,948.00 COMPANY TOTAL 44.24 10,383.13 26,566.88 34,788.00
APPALACHIAN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 39,747.73 113.94 0.00 30,336.29 485.22 ECONOMIC DEVELOPMENT 11,370.11 9,564.35 0.00 0.56 1.84 BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 941.39 254.88 0.00 327.50 20.71 CUSTOMER SERVICES 641,118.10 226,216.78 0.00 306,587.84 0.00 ENGENEERING & PLANNING 62,939.62 139.69 0.00 37,237.37 736.02 ENGINEERING INFO & DRAFTING 122,079.31 35,029.18 0.00 84,507.83 0.00 STORES 9,178.35 0.00 0.00 9,092.55 3.29 OPERATIONS-ADMINISTRATIVE 207,397.20 62,266.73 0.00 141,389.67 0.00 OPERATIONS-METER 153,182.74 39,147.06 0.00 105,885.77 0.00 OPERATIONS-LINE 686,534.36 22,538.45 0.00 533,030.87 61,767.82 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 61,150.65 12,595.88 0.00 47,280.04 364.22 RIGHT OF WAY MAINTENANCE 120,535.37 28,528.35 0.00 84,921.46 5,185.27 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 44,159.31 5,327.03 0.00 32,006.66 1,664.82 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 10,118.30 0.00 0.00 0.00 1,843.52 JOINT USE 16,288.19 2,357.17 0.00 13,572.86 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE (761.68) (320.23) 0.00 (607.84) 35.68 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 40,008.51 6,715.06 0.00 6,047.77 3,191.75 PROTECTION & CONTROL 56,898.10 19,581.04 0.00 23,071.65 28.95 STATION 277,321.03 45,210.87 0.00 79,920.77 12,894.20 TRANSMISSION SYSTEM ENG LINE ENGINEERING 238.99 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 1,522.11 804.15 0.00 571.38 0.00 LINE ENGINEERING/SURVEY 5.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 1,481.25 1,229.32 0.00 0.00 251.93 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 206,479.58 30,272.60 0.00 103,680.32 19,172.09 OPERATIONS CENTER 368,621.65 37,216.45 0.00 328,055.38 1,089.98 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00 METER OPERATIONS 163,769.66 12,284.23 0.00 148,133.70 831.30 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 26,205.72 373.83 0.00 177.40 1,018.59 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY (5,337.05) (2,431.03) 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 99,139.04 0.00 0.00 28,037.84 3,800.20 ENERGY PRODUCTION 40,778.23 0.00 0.00 343.62 10,002.90 PRODUCTION SUPPORT 1,788.39 0.00 0.00 4,978.97 1,865.98 ADMINISTRATIVE & TECH SERV (11,981.30) 0.00 0.00 78.92 1,350.00 HYDRO PLANT 220,699.99 947.53 0.00 8,730.11 111,776.12 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 133,010.19 38,418.11 0.00 1,906.73 5,293.76 CORPORATE COMMUNICATIONS 7,742.80 2,335.63 0.00 456.94 1,446.98 RATES 81,377.42 315.49 0.00 0.00 0.00 OTHER ADMIN GROUPS 145,377.78 (13,336.54) 0.00 (9,018.43) (27,226.84) ACCOUNTING ADMINISTRATIVE 32,989.83 5,488.93 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 1,568.00 876.12 0.00 0.00 0.00 FLEET MANAGEMENT 51,377.85 7,300.66 0.00 38,803.72 143.27 BUILDING SERVICES 93,738.37 59,864.05 0.00 11,056.38 984.16 OFFICE SERVICES 2,918.99 2,300.68 0.00 525.56 17.60 LABOR FRINGES ON O&M LABOR 376,504.05 63,808.89 0.00 222,499.57 16,510.20 TOTAL O&M COSTS 4,600,223.23 763,335.33 0.00 2,423,627.73 236,551.53 CONSTRUCTION, RETIRE, OTHER WI 4,855,719.38 420,338.45 0.00 2,788,890.12 121,336.60 MATERIAL & SUPPLY COSTS 1,395,308.94 157,696.43 0.00 623,176.56 117,522.38 FACILITY COSTS 1,309,656.00 36,996.00 0.00 178,092.00 2,964.00 INVESTMENT CARRYING CHARGES 769,728.00 20,448.00 0.00 146,448.00 30,660.00 COMPANY TOTAL 12,930,635.51,398,814.21 0.00 6,160,234.41 509,034.51
APPALACHIAN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 1,661.21 4,903.36 2,247.71 0.00 ECONOMIC DEVELOPMENT 1,800.08 2.56 0.72 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 1.00 140.15 197.15 0.00 CUSTOMER SERVICES 0.00 108,306.79 6.69 0.00 ENGENEERING & PLANNING 0.00 9,643.30 15,183.24 0.00 ENGINEERING INFO & DRAFTING 59.29 2,483.01 0.00 0.00 STORES 0.00 16.88 65.63 0.00 OPERATIONS-ADMINISTRATIVE 0.00 0.00 3,740.80 0.00 OPERATIONS-METER 0.00 3,297.82 4,852.09 0.00 OPERATIONS-LINE 105.82 63,549.43 5,541.97 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 20.22 465.37 424.92 0.00 RIGHT OF WAY MAINTENANCE 31.47 1,396.71 472.11 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 92.40 3,126.19 1,942.21 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 5,183.78 3,091.00 0.00 JOINT USE 0.00 358.16 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 126.36 4.35 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 58.08 21,926.70 2,069.15 0.00 PROTECTION & CONTROL 464.14 9,403.65 4,348.67 0.00 STATION 642.13 93,210.59 45,442.47 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 238.99 0.00 LINE ENG/RIGHT OF WAY 0.00 146.58 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 5.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 877.14 41,285.41 11,192.02 0.00 OPERATIONS CENTER 43.93 1,522.00 693.91 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 METER OPERATIONS 48.30 1,713.89 758.24 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 2.92 18,924.10 5,708.88 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY (2,906.02) 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 66,504.90 796.10 0.00 ENERGY PRODUCTION 0.00 26,095.94 4,335.77 0.00 PRODUCTION SUPPORT 0.00 (5,399.26) 342.70 0.00 ADMINISTRATIVE & TECH SERV 0.00 (14,220.57) 810.35 0.00 HYDRO PLANT 0.00 99,107.33 138.90 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 86,871.49 484.00 36.10 0.00 CORPORATE COMMUNICATIONS 76.16 2,208.57 1,218.52 0.00 RATES 81,061.93 0.00 0.00 0.00 OTHER ADMIN GROUPS 4,810.62 161,105.21 29,043.76 0.00 ACCOUNTING ADMINISTRATIVE 27,500.90 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 691.88 0.00 FLEET MANAGEMENT 824.35 3,060.37 1,245.48 0.00 BUILDING SERVICES 0.00 8,627.82 13,205.96 0.00 OFFICE SERVICES 0.92 25.92 48.31 0.00 LABOR FRINGES ON O&M LABOR 13,351.13 48,820.29 11,513.97 0.00 TOTAL O&M COSTS 217,499.61 787,558.31 171,650.72 0.00 CONSTRUCTION, RETIRE, OTHER WI 1,960.92 848,108.69 675,084.60 0.00 MATERIAL & SUPPLY COSTS 5,221.06 336,681.02 155,011.49 0.00 FACILITY COSTS 6,672.00 46,068.00 34,980.00 1,003,884.00 INVESTMENT CARRYING CHARGES 1,068.00 79,692.00 31,116.00 460,296.00 COMPANY TOTAL 232,421.59 2,098,108.021,067,842.811,464,180.00 KENTUCKY POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 1,036.78 471.48 565.30 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 37.84 7.79 30.05 0.00 0.00 CUSTOMER SERVICES 4,567.35 0.00 304.42 0.00 0.00 ENGENEERING & PLANNING 78,737.69 431.81 5,242.19 0.00 20.53 ENGINEERING INFO & DRAFTING (1,290.00) 0.00 (1,290.00) 0.00 0.00 STORES 5,572.79 46.03 1,776.65 0.00 874.48 OPERATIONS-ADMINISTRATIVE 26,834.95 0.00 6.78 0.00 5.32 OPERATIONS-METER 80,990.48 0.00 11,621.56 0.00 0.00 OPERATIONS-LINE 119,352.60 41.56 30,414.63 0.00 420.49 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 1,561.50 0.00 1,561.50 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00 JOINT USE 288.00 0.00 0.00 0.00 288.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 212,563.28 67.91 82,464.31 0.00 2,324.22 PROTECTION & CONTROL 67,813.92 0.00 61,206.98 0.00 115.85 STATION 354,241.60 252.55 117,672.07 0.00 1,224.22 TRANSMISSION SYSTEM ENG LINE ENGINEERING 91.45 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00 METER OPERATIONS 1,895.55 772.08 362.41 0.00 217.44 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 5,984.08 0.00 4,929.67 0.00 515.91 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 336.15 0.00 0.00 0.00 0.00 PRODUCTION SUPPORT 13,193.11 0.00 1,091.80 0.00 1,547.38 ADMINISTRATIVE & TECH SERV 2,585.26 0.00 31.20 0.00 193.17 HYDRO PLANT 0.00 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 5,428.40 32.91 921.67 0.00 625.06 RATES 1,716.40 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 21,883.02 1,605.21 2,509.51 0.00 (10,415.36) ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 266,901.51 0.00 265,457.42 0.00 0.00 BUILDING SERVICES 24.33 0.00 24.31 0.00 0.00 OFFICE SERVICES 474.81 0.00 0.00 0.00 0.00 LABOR FRINGES ON O&M LABOR 110,771.09 46.26 24,174.75 0.00 1,614.20 TOTAL O&M COSTS 1,383,593.94 3,775.59 611,079.18 0.00 (429.09) CONSTRUCTION, RETIRE, OTHER WI 1,335,401.85 2,299.75 735,646.42 0.00 2,847.43 MATERIAL & SUPPLY COSTS 57,212.85 137.95 32,658.52 0.00 4,924.64 FACILITY COSTS 729,960.00 8,316.00 251,856.00 0.00 0.00 INVESTMENT CARRYING CHARGES 643,836.00 7,512.00 229,644.00 0.00 0.00 COMPANY TOTAL 4,150,004.64 22,041.29 1,860,884.12 0.00 7,342.98 KENTUCKY POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 0.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 0.00 0.00 0.00 0.00 CUSTOMER SERVICES 0.00 4,048.38 214.55 0.00 ENGENEERING & PLANNING 23.68 431.77 72,587.71 0.00 ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 STORES 46.02 2,093.22 736.39 0.00 OPERATIONS-ADMINISTRATIVE 0.00 25,020.33 1,802.52 0.00 OPERATIONS-METER 0.00 52,055.45 17,313.47 0.00 OPERATIONS-LINE 126.80 36,770.63 51,578.49 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 0.00 0.00 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 JOINT USE 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 3,339.44 76,482.91 47,884.49 0.00 PROTECTION & CONTROL 195.16 4,474.43 1,821.50 0.00 STATION 3,171.39 181,635.68 50,285.69 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 91.45 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 METER OPERATIONS 12.08 277.83 253.71 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 15.00 276.00 247.50 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 336.15 0.00 0.00 PRODUCTION SUPPORT 0.00 3,892.33 6,661.60 0.00 ADMINISTRATIVE & TECH SERV 0.00 2,360.89 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 32.90 953.57 2,862.29 0.00 RATES 1,716.40 0.00 0.00 0.00 OTHER ADMIN GROUPS 129.29 24,920.39 3,133.98 0.00 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 0.00 1,444.09 0.00 0.00 BUILDING SERVICES 0.00 0.02 0.00 0.00 OFFICE SERVICES 0.00 0.00 474.81 0.00 LABOR FRINGES ON O&M LABOR 1,497.92 39,769.27 43,668.69 0.00 TOTAL O&M COSTS 10,306.08 457,243.34 301,618.84 0.00 CONSTRUCTION, RETIRE, OTHER WI 0.00 138,793.63 455,814.62 0.00 MATERIAL & SUPPLY COSTS 6.78 13,581.12 5,903.84 0.00 FACILITY COSTS 1,140.00 46,908.00 29,160.00 392,580.00 INVESTMENT CARRYING CHARGES 1,644.00 58,092.00 30,576.00 316,368.00 COMPANY TOTAL 13,096.86 714,618.09 823,073.30 708,948.00 INDIANA MICHIGAN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 960.00 0.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 36,356.75 0.00 0.00 0.00 0.00 CUSTOMER SERVICES 677,807.62 0.00 21.45 100.49 0.00 ENGENEERING & PLANNING 1,730.90 3.83 706.06 22.83 0.00 ENGINEERING INFO & DRAFTING 196,240.44 0.00 0.00 0.00 0.00 STORES 9,649.05 0.00 280.93 0.00 0.00 OPERATIONS-ADMINISTRATIVE 142.61 0.00 0.00 0.00 0.00 OPERATIONS-METER 57,779.93 0.00 0.00 0.00 0.00 OPERATIONS-LINE 37,828.91 1,007.12 4,168.21 726.12 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 32,233.28 162.45 4,848.74 1,051.55 0.00 RIGHT OF WAY MAINTENANCE 374,145.64 16.52 1,635.41 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 26,902.71 93.15 2,859.07 571.81 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00 JOINT USE 7,144.04 53.33 2,466.82 338.43 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 517.01 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 312,017.04 0.00 7,007.01 230,897.05 0.00 PROTECTION & CONTROL 61,118.44 1,149.59 1,553.46 880.05 0.00 STATION 190,226.30 293.48 10,267.06 4,621.38 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 24,306.76 0.00 1,942.87 0.00 0.00 LINE ENG/RIGHT OF WAY 4,519.78 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 1,875.08 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 3,764.21 10.04 301.09 1,378.75 0.00 OPERATIONS CENTER 8,627.58 0.00 574.80 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT (42.92) 0.00 0.00 0.00 0.00 METER OPERATIONS 1,580.52 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 5,608.17 0.00 0.00 297.39 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 340.51 0.00 142.36 0.00 0.00 PRODUCTION SUPPORT 1,829.99 0.00 1,258.26 0.00 0.00 ADMINISTRATIVE & TECH SERV 456.99 0.00 127.50 25.00 0.00 HYDRO PLANT 50,470.24 0.00 4,197.04 0.00 0.00 NUCLEAR GENERATION 4,630.90 0.00 5.56 62.30 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 17,803.02 219.71 6,164.20 1,318.29 0.00 CORPORATE COMMUNICATIONS 19,961.88 246.44 6,900.41 1,478.66 0.00 RATES 2,051.92 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 506,347.36 969.66 (621.41) 5,254.06 0.00 ACCOUNTING ADMINISTRATIVE 9,752.91 120.41 3,491.78 722.43 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 2,318.00 28.00 784.00 168.00 0.00 FLEET MANAGEMENT 96,640.78 513.81 931.81 694.62 0.00 BUILDING SERVICES 24,608.39 3.40 102.00 7,840.86 0.00 OFFICE SERVICES 67,528.60 1,307.08 46,724.45 0.38 0.00 LABOR FRINGES ON O&M LABOR 143,116.29 392.97 2,369.69 1,585.71 0.00 TOTAL O&M COSTS 3,020,897.63 6,590.99 111,210.63 260,036.16 0.00 CONSTRUCTION, RETIRE, OTHER WI 2,307,315.67 774.54 148,664.32 91,857.45 0.00 MATERIAL & SUPPLY COSTS 740,245.70 6,713.21 53,270.88 43,565.02 0.00 FACILITY COSTS 3,422,172.00 0.00 2,928.00 2,928.00 0.00 INVESTMENT CARRYING CHARGES 496,002.00 0.00 22,188.00 22,188.00 0.00 COMPANY TOTAL 9,986,633.00 14,078.74 338,261.83 420,574.63 0.00 INDIANA MICHIGAN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 0.00 960.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 0.00 36,347.22 9.53 0.00 CUSTOMER SERVICES 0.00 676,301.02 1,384.66 0.00 ENGENEERING & PLANNING 3.78 794.34 200.06 0.00 ENGINEERING INFO & DRAFTING 0.00 195,850.22 390.22 0.00 STORES 0.00 9,337.08 31.04 0.00 OPERATIONS-ADMINISTRATIVE 0.00 142.61 0.00 0.00 OPERATIONS-METER 1,536.82 55,903.08 340.03 0.00 OPERATIONS-LINE 0.00 28,564.94 3,362.52 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 162.45 17,486.97 8,521.12 0.00 RIGHT OF WAY MAINTENANCE 0.00 372,296.51 197.20 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 94.28 21,305.90 1,978.50 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 JOINT USE 0.82 3,412.76 871.88 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 517.01 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 309.75 70,730.19 3,073.04 0.00 PROTECTION & CONTROL 55.87 56,565.82 913.65 0.00 STATION 318.19 166,805.36 7,920.83 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 14,921.26 7,442.63 0.00 LINE ENG/RIGHT OF WAY 0.00 4,519.78 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 1,875.08 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 10.02 1,853.52 210.79 0.00 OPERATIONS CENTER 0.00 1,149.64 6,903.14 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 (42.92) 0.00 0.00 METER OPERATIONS 0.00 1,580.52 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 0.38 5,300.90 9.50 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 198.15 0.00 0.00 PRODUCTION SUPPORT 0.00 478.73 93.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 97.50 206.99 0.00 HYDRO PLANT 0.00 46,144.96 128.24 0.00 NUCLEAR GENERATION 7.49 1,592.77 2,962.78 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 219.71 6,335.27 3,545.84 0.00 CORPORATE COMMUNICATIONS 246.44 7,146.85 3,943.08 0.00 RATES 0.00 939.02 1,112.90 0.00 OTHER ADMIN GROUPS 371.00 495,179.09 5,194.96 0.00 ACCOUNTING ADMINISTRATIVE 120.39 3,371.38 1,926.52 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 28.00 862.00 448.00 0.00 FLEET MANAGEMENT 0.00 93,984.90 515.64 0.00 BUILDING SERVICES 3.40 16,607.73 51.00 0.00 OFFICE SERVICES 15,492.36 3,383.02 621.31 0.00 LABOR FRINGES ON O&M LABOR 125.93 133,914.59 4,727.40 0.00 TOTAL O&M COSTS 19,107.08 2,554,714.77 69,238.00 0.00 CONSTRUCTION, RETIRE, OTHER WI 998.69 1,899,800.80 165,219.87 0.00 MATERIAL & SUPPLY COSTS 220.48 621,393.03 15,083.08 0.00 FACILITY COSTS 0.00 21,492.00 0.00 3,394,824.00 INVESTMENT CARRYING CHARGES 0.00 162,708.00 0.00 288,918.00 COMPANY TOTAL 20,326.25 5,260,108.60 249,540.95 3,683,742.00 WHEELING POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 41,711.85 0.00 0.00 39.00 0.00 CUSTOMER SERVICES 1,004.70 0.00 0.00 0.00 0.00 ENGENEERING & PLANNING 50,666.03 0.00 0.00 0.00 0.00 ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 0.00 STORES 0.00 0.00 0.00 0.00 0.00 OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 OPERATIONS-METER 61,675.90 0.00 0.00 0.00 0.00 OPERATIONS-LINE 10,119.73 0.00 0.00 0.00 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 48.32 0.00 3.44 1.73 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00 JOINT USE 0.00 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION 343,298.61 0.00 12.00 6.00 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 30.64 0.00 0.00 0.00 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00 PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 3,158.20 0.13 3.78 0.78 2.47 RATES 0.00 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 8,877.78 2.00 4,546.70 12.00 49.73 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 20,903.32 0.00 0.00 0.00 0.00 BUILDING SERVICES 33,281.53 0.00 123.45 0.00 0.00 OFFICE SERVICES 0.00 0.00 0.00 0.00 0.00 LABOR FRINGES ON O&M LABOR 48,813.76 0.00 51.59 0.00 0.00 TOTAL O&M COSTS 623,590.37 2.13 4,740.96 59.51 52.20 CONSTRUCTION, RETIRE, OTHER WI 268,352.23 0.00 326.50 7.80 0.00 MATERIAL & SUPPLY COSTS 4,582.69 0.00 60.07 42.22 0.00 FACILITY COSTS 0.00 0.00 0.00 0.00 0.00 INVESTMENT CARRYING CHARGES 0.00 0.00 0.00 0.00 0.00 COMPANY TOTAL 896,525.29 2.13 5,127.53 109.53 52.20 WHEELING POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 0.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 BUSINESS SERVICES 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 0.00 41,672.85 0.00 0.00 CUSTOMER SERVICES 0.00 1,004.70 0.00 0.00 ENGENEERING & PLANNING 0.00 50,666.03 0.00 0.00 ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 STORES 0.00 0.00 0.00 0.00 OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 OPERATIONS-METER 0.00 61,675.90 0.00 0.00 OPERATIONS-LINE 0.00 8,355.38 1,764.35 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 0.00 33.50 9.65 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 JOINT USE 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION 0.00 343,247.01 33.60 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 OPERATIONS CENTER 0.00 0.00 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 0.00 30.64 0.00 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 0.00 0.00 0.00 PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 0.00 3,148.95 2.09 0.00 RATES 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 0.00 2,964.86 1,302.49 0.00 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 0.00 20,903.32 0.00 0.00 BUILDING SERVICES 0.00 33,169.23 (11.15) 0.00 OFFICE SERVICES 0.00 0.00 0.00 0.00 LABOR FRINGES ON O&M LABOR 0.00 48,665.64 96.53 0.00 TOTAL O&M COSTS 0.00 615,538.01 3,197.56 0.00 CONSTRUCTION, RETIRE, OTHER WI 0.00 220,105.59 47,912.34 0.00 MATERIAL & SUPPLY COSTS 0.00 3,336.17 1,144.23 0.00 FACILITY COSTS 0.00 0.00 0.00 0.00 INVESTMENT CARRYING CHARGES 0.00 0.00 0.00 0.00 COMPANY TOTAL 0.00 838,979.77 52,254.13 0.00 OHIO POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 13,270.69 500.00 0.00 500.00 0.00 ECONOMIC DEVELOPMENT 36,553.31 0.00 0.00 0.00 0.00 BUSINESS SERVICES 164,180.92 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 38,202.29 0.00 6,745.05 971.30 9,992.00 CUSTOMER SERVICES 525,429.34 0.00 129,544.11 3,968.44 2,889.19 ENGENEERING & PLANNING 215,172.68 8.22 22,193.91 3,035.26 387.93 ENGINEERING INFO & DRAFTING 88,042.75 0.00 0.00 135.43 93.36 STORES 43,976.83 0.00 36,441.41 (388.30) 1,002.75 OPERATIONS-ADMINISTRATIVE 123,976.68 0.00 17,289.30 10,565.30 10,213.19 OPERATIONS-METER 177,719.76 0.00 52,149.79 22,912.13 0.00 OPERATIONS-LINE 1,522,080.08 21.11 501,981.68 110,098.91 30,380.35 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 1,486.22 0.00 0.00 0.00 0.00 RIGHT OF WAY MAINTENANCE 32,206.09 0.00 4,816.57 2,408.31 1,790.11 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 694.51 0.00 0.00 0.00 0.00 JOINT USE 26,166.04 482.62 0.00 2,155.12 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 963.31 0.00 241.80 0.00 595.63 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 846,634.81 0.00 110,100.45 40,498.64 27,094.76 PROTECTION & CONTROL 135,054.47 0.81 6,257.38 2,692.55 888.26 STATION 789,013.80 757.87 40,363.95 54,820.98 9,337.07 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 44,506.54 7.93 10,149.07 2,440.75 16,864.24 OPERATIONS CENTER 1,289,192.00 286.79 39,303.76 9,464.86 30,891.38 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 24,318.66 0.00 71.31 191.48 0.00 METER OPERATIONS 427,547.82 25.56 1,303.08 153.36 192,251.14 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 87,226.44 793.23 7,068.60 1,829.06 3,418.08 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 6,710.53 1.35 118.55 6.75 37.82 LAND MGMT-REAL ESTATE 14,145.87 0.00 25.42 5.58 139.52 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 244.19 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 107,384.00 0.00 1,284.71 0.00 138.12 ENERGY PRODUCTION 38,649.85 0.00 113.28 181.58 263.36 PRODUCTION SUPPORT 18,642.90 6.70 14,478.49 249.29 187.27 ADMINISTRATIVE & TECH SERV 10,717.52 6.14 853.45 36.74 318.83 HYDRO PLANT 9,176.08 0.00 9,176.08 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 40,810.75 0.00 0.00 0.00 0.00 CORPORATE COMMUNICATIONS 47,764.78 540.51 15,278.40 3,258.03 10,269.63 RATES 43,073.13 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 739,115.54 31,231.66 616,016.73 110,239.37 285,950.00 ACCOUNTING ADMINISTRATIVE 6,484.92 90.94 2,574.68 545.62 1,727.75 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 56.33 0.00 56.33 0.00 0.00 FLEET MANAGEMENT 287,603.76 1.48 16,445.83 5,795.72 15,164.77 BUILDING SERVICES 547,621.89 3,042.89 151,259.93 21,650.13 58,566.57 OFFICE SERVICES 676,379.95 8,657.04 270,498.65 51,140.75 163,204.86 LABOR FRINGES ON O&M LABOR 717,562.56 838.27 145,548.10 29,180.38 42,648.82 TOTAL O&M COSTS 9,965,760.59 47,301.12 2,229,749.85 490,743.52 916,706.76 CONSTRUCTION, RETIRE, OTHER WI 8,435,099.99 12,932.09 1,747,725.18 418,038.50 848,714.44 MATERIAL & SUPPLY COSTS 4,377,118.25 43,427.37 1,326,639.62 424,753.33 200,590.29 FACILITY COSTS 1,363,188.00 0.00 131,592.00 55,776.00 12,096.00 INVESTMENT CARRYING CHARGES 1,604,196.00 0.00 351,324.00 128,712.00 34,728.00 COMPANY TOTAL 25,745,362.8 103,660.58 5,787,030.651,518,023.352,012,835.49 OHIO POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 4,228.06 0.00 8,042.63 0.00 ECONOMIC DEVELOPMENT 0.00 0.00 36,553.31 0.00 BUSINESS SERVICES 0.00 0.00 164,180.92 0.00 DISTRIBUTION REGIONS MANAGERIAL 4,111.29 0.00 16,382.65 0.00 CUSTOMER SERVICES 233,606.02 0.00 155,421.58 0.00 ENGENEERING & PLANNING 81,220.03 0.00 108,327.33 0.00 ENGINEERING INFO & DRAFTING 86,929.88 0.00 884.08 0.00 STORES 0.00 0.00 6,920.97 0.00 OPERATIONS-ADMINISTRATIVE 17,990.97 0.00 67,917.92 0.00 OPERATIONS-METER 9,831.08 0.00 92,826.76 0.00 OPERATIONS-LINE 97,048.59 0.00 782,549.44 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 0.00 0.00 1,486.22 0.00 RIGHT OF WAY MAINTENANCE 3,774.69 0.00 19,416.41 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 0.00 0.00 694.51 0.00 JOINT USE 15,170.08 0.00 8,358.22 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 0.00 125.88 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 51,769.77 0.00 617,171.19 0.00 PROTECTION & CONTROL 73,271.72 0.00 51,943.75 0.00 STATION 225,864.16 0.00 457,869.77 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 1,615.58 0.00 13,428.97 0.00 OPERATIONS CENTER 34,723.03 0.00 1,174,522.18 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 24,055.87 0.00 METER OPERATIONS 7,726.09 0.00 226,088.59 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 49,056.69 0.00 25,060.78 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 1.35 0.00 6,544.71 0.00 LAND MGMT-REAL ESTATE 0.00 0.00 13,975.35 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 244.19 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 105,961.17 0.00 ENERGY PRODUCTION 0.00 0.00 38,091.63 0.00 PRODUCTION SUPPORT 6.71 0.00 3,714.44 0.00 ADMINISTRATIVE & TECH SERV 6.11 0.00 9,496.25 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 0.00 0.00 40,810.75 0.00 CORPORATE COMMUNICATIONS 571.97 0.00 17,846.24 0.00 RATES 0.00 0.00 43,073.13 0.00 OTHER ADMIN GROUPS (47,686.68) 0.00 (256,635.54) 0.00 ACCOUNTING ADMINISTRATIVE 90.93 0.00 1,455.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 FLEET MANAGEMENT 142,671.78 0.00 107,524.18 0.00 BUILDING SERVICES 30,284.82 0.00 282,817.55 0.00 OFFICE SERVICES 7,937.58 0.00 174,941.07 0.00 LABOR FRINGES ON O&M LABOR 116,272.83 0.00 383,074.16 0.00 TOTAL O&M COSTS 1,248,095.13 0.00 5,033,164.21 0.00 CONSTRUCTION, RETIRE, OTHER WI 465,030.91 0.00 4,942,658.87 0.00 MATERIAL & SUPPLY COSTS 76,931.85 0.00 2,304,775.79 0.00 FACILITY COSTS 54,648.00 0.00 304,128.00 804,948.00 INVESTMENT CARRYING CHARGES 50,232.00 0.00 609,072.00 430,128.00 COMPANY TOTAL 1,894,937.89 0.00 13,193,798.871,235,076.00 COLUMBUS SOUTHERN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 84,104.63 4,000.00 0.00 0.00 0.00 ECONOMIC DEVELOPMENT 2,099.93 0.00 0.00 0.00 0.00 BUSINESS SERVICES 7,590.45 0.00 0.00 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 59,193.72 8.60 2,839.06 5,173.64 183.94 CUSTOMER SERVICES 452,890.91 0.86 11,911.47 67,497.56 16.34 ENGENEERING & PLANNING 257,304.92 2.53 24,895.36 71,896.18 45.57 ENGINEERING INFO & DRAFTING 63,381.52 0.00 998.11 19,256.80 0.00 STORES 4,889.96 38.49 698.47 0.00 0.00 OPERATIONS-ADMINISTRATIVE 749,362.12 0.00 22,292.11 22,112.33 0.00 OPERATIONS-METER 16,046.72 0.00 385.37 138.89 1,299.09 OPERATIONS-LINE 374,377.37 0.00 19,083.91 72,359.25 3.86 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 214,561.03 38.69 1,213.65 8,393.83 2,342.70 RIGHT OF WAY MAINTENANCE 124,024.19 0.00 4,306.52 15,749.72 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 118,393.15 29.93 916.03 18,164.32 1,509.28 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 17,711.18 0.00 0.00 0.00 8,245.19 JOINT USE 127,701.18 0.00 0.00 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 282.84 0.00 0.00 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 17,891.90 0.00 12,289.52 118.30 417.95 PROTECTION & CONTROL 101,600.13 0.81 10,183.71 2,457.61 175.20 STATION 717,961.47 436.25 70,925.74 44,090.07 12,195.10 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 114,662.54 10.54 3,051.38 1,277.12 18,476.68 OPERATIONS CENTER 2,091,887.54 1,731.87 5,533.40 1,175.78 3,723.40 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 366,818.74 5,743.13 55,172.86 17,642.39 30,784.53 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 242,734.90 0.00 359.62 700.91 968.71 LAND MGMT-REAL ESTATE 311,590.85 1,030.64 0.00 5,824.54 17,473.65 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 88,272.00 88,272.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 330,788.59 0.00 306,352.19 0.00 24,369.62 PRODUCTION SUPPORT (45,600.68) 0.00 (47,300.70) 0.00 1,469.64 ADMINISTRATIVE & TECH SERV 143.61 0.00 75.64 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 712,071.39 106.90 2,993.20 534.50 1,924.20 CORPORATE COMMUNICATIONS 129,754.83 132.98 2,985.18 719.16 2,168.53 RATES 245,666.63 0.00 0.00 0.00 0.00 OTHER ADMIN GROUPS 147,600.32 162.83 89,064.52 4,226.62 6,644.10 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 119,632.77 145.09 4,191.51 870.50 2,756.69 FLEET MANAGEMENT 247,917.88 63.35 4,295.61 11,595.09 1,752.74 BUILDING SERVICES 245,141.03 99.61 20,848.26 2,916.57 2,144.96 OFFICE SERVICES 1,183,242.63 13,369.71 381,945.68 80,218.29 254,572.50 LABOR FRINGES ON O&M LABOR 702,451.22 1,266.69 53,449.88 41,194.28 28,603.94 TOTAL O&M COSTS 10,746,146.1 116,691.50 1,065,957.26 516,304.25 424,268.11 CONSTRUCTION, RETIRE, OTHER WI 2,345,529.50 9,587.60 388,115.93 354,462.73 7,102.86 MATERIAL & SUPPLY COSTS 407,240.16 (115.84) 59,822.33 71,193.88 73,337.66 FACILITY COSTS 3,003,000.00 0.00 19,140.00 48,648.00 0.00 INVESTMENT CARRYING CHARGES 1,752,708.00 0.00 6,708.00 2,148.00 0.00 COMPANY TOTAL 18,254,623.7 126,163.26 1,539,743.52 992,756.86 504,708.63 COLUMBUS SOUTHERN POWER COMPANY 1999 INTERCOMPANY BILLING COSTS INCURRED COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC ORGANIZATION PROVIDING SERVICE O&M COSTS MARKETING CONSUMER MARKETING 1,677.23 78,427.40 0.00 0.00 ECONOMIC DEVELOPMENT 0.00 2,099.93 0.00 0.00 BUSINESS SERVICES 0.00 7,590.45 0.00 0.00 DISTRIBUTION REGIONS MANAGERIAL 8.59 50,979.89 0.00 0.00 CUSTOMER SERVICES 0.86 373,463.82 0.00 0.00 ENGENEERING & PLANNING 2.52 160,462.76 0.00 0.00 ENGINEERING INFO & DRAFTING 0.00 43,126.61 0.00 0.00 STORES 0.00 4,153.00 0.00 0.00 OPERATIONS-ADMINISTRATIVE 0.00 704,957.68 0.00 0.00 OPERATIONS-METER 0.00 14,223.37 0.00 0.00 OPERATIONS-LINE 10,574.25 272,356.10 0.00 0.00 ENERGY DISTRIBUTION SUPPORT DISTRIBUTION OPERATIONS DISTRIBUTION OPERATIONS 4,892.93 197,679.23 0.00 0.00 RIGHT OF WAY MAINTENANCE 1,390.46 102,577.49 0.00 0.00 DISTRIBUTION ENGINEERING DISTRIBUTION ENG&PLANNING 4,648.21 93,125.38 0.00 0.00 DISTRIBUTION DATA SYSTEMS DATABASE APPLICATIONS 454.95 9,011.04 0.00 0.00 JOINT USE 0.00 127,701.18 0.00 0.00 T&D MATERIAL DISTRIBUTION CENTRAL WAREHOUSE 0.00 282.84 0.00 0.00 ENERGY TRANSMISSION TRANSMISSION REGIONS TRANSMISSION LINE 16.90 5,049.23 0.00 0.00 PROTECTION & CONTROL 1,218.96 87,563.84 0.00 0.00 STATION 17,619.32 572,694.99 0.00 0.00 TRANSMISSION SYSTEM ENG LINE ENGINEERING 0.00 0.00 0.00 0.00 LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 PROTECTION & CONTROL 0.00 0.00 0.00 0.00 STATION ENGINEERING 0.00 0.00 0.00 0.00 STATION CONSTRUCTION O&M ADM SYSTEM MAINT-TOOLS/EQUIP 452.28 91,394.54 0.00 0.00 OPERATIONS CENTER 32,214.24 2,047,508.85 0.00 0.00 ENERGY DELIVERY SUPPORT MEASURE & CUST SUPPORT MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 METER OPERATIONS 0.00 0.00 0.00 0.00 TELECOMMUNICATIONS TELECOM ENGINEERING 0.00 0.00 0.00 0.00 TELECOM OPERATIONS 1,024.51 256,451.32 0.00 0.00 OPERATIONS IMPROVEMENT LAND MANAGEMENT-FORESTRY 0.00 240,705.66 0.00 0.00 LAND MGMT-REAL ESTATE 647.30 286,614.72 0.00 0.00 ENERGY DELIVERY & CUSTOMER REL PLANNING & BUDGETING 0.00 0.00 0.00 0.00 COAL TERMINAL COOK COAL TERMINAL 0.00 0.00 0.00 0.00 PUTNAM 0.00 0.00 0.00 0.00 FOSSIL POWER PLANT MANAGERIAL 0.00 0.00 0.00 0.00 ENERGY PRODUCTION 0.00 66.78 0.00 0.00 PRODUCTION SUPPORT 0.00 230.38 0.00 0.00 ADMINISTRATIVE & TECH SERV 0.00 67.97 0.00 0.00 HYDRO PLANT 0.00 0.00 0.00 0.00 NUCLEAR GENERATION 0.00 0.00 0.00 0.00 ADMINISTRATIVE SUPPORT ADMINISTRATIVE STATE PRES/ENVIR & GOV'T 106.90 706,405.69 0.00 0.00 CORPORATE COMMUNICATIONS 100.00 123,648.98 0.00 0.00 RATES 0.00 245,666.63 0.00 0.00 OTHER ADMIN GROUPS 289.11 47,213.14 0.00 0.00 ACCOUNTING ADMINISTRATIVE 0.00 0.00 0.00 0.00 CORPORATE SERVICES CORPORATE SERVICES-ADMIN 1,793.04 109,875.94 0.00 0.00 FLEET MANAGEMENT 1,964.97 228,246.12 0.00 0.00 BUILDING SERVICES 41,789.26 177,342.37 0.00 0.00 OFFICE SERVICES 13,408.25 439,728.20 0.00 0.00 LABOR FRINGES ON O&M LABOR 9,280.39 568,656.04 0.00 0.00 TOTAL O&M COSTS 145,575.43 8,477,349.56 0.00 0.00 CONSTRUCTION, RETIRE, OTHER WI 49,697.61 1,536,562.77 0.00 0.00 MATERIAL & SUPPLY COSTS 943.00 202,059.13 0.00 0.00 FACILITY COSTS 11,028.00 284,952.00 0.00 2,639,232.00 INVESTMENT CARRYING CHARGES 8,688.00 169,884.00 0.00 1,565,280.00 COMPANY TOTAL 215,932.04 10,670,807.46 0.00 4,204,512.00
EXHIBIT G SEE EXHIBIT 27 FOR FINANCIAL DATA SCHEDULES. EXHIBIT H Organization chart showing the relationship of each EWG or foreign utility company in which the system holds an interest to other system companies. Each direct or indirect subsidiary of AEP Co., Inc. listed below is owned by the company immediately above it not indented to the same degree. The percentage ownership is 100% except where noted. American Electric Power Company, Inc. AEP Resources, Inc. AEP Resources Australia Pty., Ltd. Pacific Hydro Ltd. (20%) (FUCO) AEPR Australia Holdings Pty., Ltd. AEP Resources CitiPower I Pty. Ltd. Australia's Energy Partnership (a) Marregon (No. 2) Pty. Ltd. CitiPower Pty. (FUCO) CitiPower Trust (FUCO) AEP Resources CitiPower II Pty. Ltd. Australia's Energy Partnership (a) Marregon (No. 2) Pty. Ltd. CitiPower Pty. (FUCO) CitiPower Trust (FUCO) AEP Resources International, Limited AEP Pushan Power LDC (b) Nanyang General Light Electric Co., Ltd. (FUCO) (c) AEP Resources Project Management Company, Ltd. AEP Pushan Power LDC (b) Nanyang General Light Electric Co., Ltd. (FUCO) (c) Yorkshire Power Group Limited (d) Yorkshire Holdings plc Yorkshire Electricity Group plc (FUCO) AEP Holdings I C.V. (FUCO) (e) AEP Holdings II C.V. (FUCO) (f) AEP Energy Services Limited (FUCO) Intergen Denmark, Aps (FUCO) (g) AEP Delaware Investment Company (FUCO) AEP Holdings I C.V. (FUCO) (e) AEP Holdings II C.V. (FUCO) (f) AEP Energy Services Limited (FUCO) Intergen Denmark, Aps (FUCO) (g) AEP Delaware Investment Company II (FUCO) AEP Holdings II C.V. (FUCO) (f) AEP Energy Services Limited (FUCO) Intergen Denmark, Aps (FUCO) (g) (a) Owned 99% by AEP Resources CitiPower I Pty. Ltd. and 1% by AEP Resources CitiPower II Pty. Ltd. (b) Owned 99% by AEP Resources International, Limited and 1% by AEP Resources Project Management Company, Ltd. (c) AEP Pushan Power LDC owns 70% and the remaining 30% is owned by two unaffiliated companies. (d) Owned 50% by AEP Resources, Inc. (e) Owned 99% by AEP Resources, Inc. and 1% by AEP Delaware Investment Company. (f) Owned 85% by AEP Holdings I C.V. and 15% by AEP Delaware Investment Company II. (g) Owned 50% by AEP Holdings II C.V. and 50% by an unaffiliated company. As of December 31, 1999 the direct and indirect investment as defined in Rule 53 by AEP Co., Inc. in EWG's and FUCO's was $885,141,000. EXHIBIT I In December 1999 the Company established AEP Energy Services Limited through AEP Holdings I C.V., a special purpose subsidiary of AEP Resources, Inc. Additionally in December 1999, AEP Resources, Inc., through its indirect subsidiary, AEP Holdings II C.V., acquired a 50% interest in Intergen Denmark, Aps. Audited financial statements for American Electric Power Company's EWG's and FUCO's are not available, therefore unaudited statements are included in this filing. The unaudited financial statements for AEP Energy Services Limited, AEPR Australia Holdings Pty., Ltd. and Nanyang General Light Electric Co., Ltd. are filed confidentially pursuant to Rule 104(b) of the PUHCA. Intergen Denmark, Aps, Pacific Hydro, Ltd. and Yorkshire Power Group Limited's financial statements are filed under Item 10. SIGNATURE The undersigned system company has duly caused this annual report to besigned on its behalf by the undersigned, thereunto duly authorized, pursuant to the requirements of the Public Utility Holding Company Act of 1935. AMERICAN ELECTRIC POWER COMPANY, INC. By /s/ Armando A. Pena Armando A. Pena Treasurer April 26, 2000 EX-27 2 ARTICLE OPUR1 FIN. DATA SCH. FOR U5S WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
OPUR1 0000055986 KINGSPORT POWER COMPANY 1,000 12-MOS DEC-31-1999 DEC-31-1999 PER-BOOK 60,687 1,895 10,562 86 5,639 78,869 4,100 13,800 7,186 25,086 0 0 10,000 4,050 0 0 5,000 0 1,097 301 33,335 78,869 80,768 1,831 74,435 76,266 4,502 511 5,013 2,178 2,835 0 2,835 2,748 0 16,593 0 0 All common stock owned by parent company; no EPS required.
EX-27 3 ARTICLE OPUR1 FIN. DATA SCH. FOR U5S WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
OPUR1 0000106617 WHEELING POWER COMPANY 1,000 12-MOS DEC-31-1999 DEC-31-1999 PER-BOOK 60,261 2,544 10,456 1,623 11,549 86,433 2,428 15,596 7,791 25,815 0 0 10,000 3,000 0 0 11,000 0 3,580 633 32,405 86,433 86,205 2,664 78,107 80,771 5,434 (82) 5,352 1,816 3,536 0 3,536 2,632 0 12,148 0 0 All common stock owned by parent company; no EPS required.
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