-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, JHJXMQyxQQWHQI//9a60IIdnvW0dg2lTSJui8fzqiiO6fiYinDlTS7B070fHL0wJ yVGCdyWZcqzjCWYAIZrW+A== 0000049816-94-000012.txt : 19940502 0000049816-94-000012.hdr.sgml : 19940502 ACCESSION NUMBER: 0000049816-94-000012 CONFORMED SUBMISSION TYPE: U-3A-2/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19931231 FILED AS OF DATE: 19940429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS POWER CO CENTRAL INDEX KEY: 0000049816 STANDARD INDUSTRIAL CLASSIFICATION: 4931 IRS NUMBER: 370344645 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-3A-2/A SEC ACT: 1935 Act SEC FILE NUMBER: 069-00084 FILM NUMBER: 94525125 BUSINESS ADDRESS: STREET 1: 500 S 27TH ST STREET 2: C/O HARRIS TRUST & SAVINGS BANK CITY: DECATUR STATE: IL ZIP: 62525-1805 BUSINESS PHONE: 2174246600 FORMER COMPANY: FORMER CONFORMED NAME: ILLINOIS IOWA POWER CO DATE OF NAME CHANGE: 19660822 U-3A-2/A 1 U-3A-2 10 FORM U-3A-2/A Adopted November 9, 1939 File No._____ SECURITIES AND EXCHANGE COMMISSION Washington, D. C. Statement by Holding Company Claiming Exemption Under Rule U-2 from the Provisions of the Public Utility Holding Company Act of 1935 To be filed annually prior to March 1 ILLINOIS POWER COMPANY (Name of Company) hereby files with the Securities and Exchange Commission, pursuant to Rule U-2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935. In support of such claim for exemption the following information is submitted: 1. Name, State of organization, location and nature of business of claimant and every subsidiary thereof. Name of Company State of Location Nature of Organization Business Illinois Power Illinois Decatur, Electric and Gas Company Illinois Utility Electric Energy, Illinois Joppa, Illinois Electric Inc. Generation (1) IP Gas Supply Illinois Decatur, Gas Exploration Company Illinois (2) Illinois Power Illinois Decatur, Lessor of Fuel Company Illinois Nuclear Fuel (3) IP Group, Inc. Illinois Decatur, Participation in Illinois Independent Power Generation Market and Other Unregulated Energy-Related Activities (4) Illinova Illinois Decatur, None (5) Corporation Illinois IP Merging Illinois Decatur, None (6) Corporation Illinois IPG Dominguez, Illinois Decatur, Participation in Co. Illinois Specific Projects in Independent Power Market (7) IPG Lap Cogen, Illinois Decatur, Participation in Inc. Illinois Specific Projects in Independent Power Market (7) IPG Aztec, Co. Illinois Decatur, Participation in Illinois Specific Projects in Independent Power Market (7) IPG Panorama, Illinois Decatur, Participation in Co. Illinois Specific Projects in Independent Power Market (7) IPG Canfield, Illinois Decatur, Participation in Co. Illinois Specific Projects in Independent Power Market (7) IPG Western, Illinois Decatur, Participation in Inc. Illinois Specific Projects in Independent Power Market (7) IPG Eastern, Illinois Decatur, Participation in Inc. Illinois Specific Projects in Independent Power Market (7) IPG Ferndale, Illinois Decatur, Participation in Inc. Illinois Specific Projects in Independent Power Market (7) IPG Illinois Decatur, Participation in Frederickson, Illinois Specific Inc. Projects in Independent Power Market (7) IPG Sterling, Illinois Decatur, Participation in Co. Illinois Specific Projects in Independent Power Market (7) (1)Illinois Power Company ("the Company") owns 20% of the capital stock of Electric Energy, Inc.("EEI"). The remainder of EEI's capital stock is owned by three other public utility companies. The Company disclaims existence of control over EEI. (2)The Company's total investment in IP Gas Supply Co., a wholly owned subsidiary is approximately $630,000, which is accounted for under the equity accounting method. The investment was made for the purpose of acquiring interests in gas and oil leases. The Company, through such investment, is attempting to increase the supplies of gas available to it through its pipeline supplier, Natural Gas Pipeline Company of America, by participating, together with a subsidiary of Natural Gas Pipeline Company of America and other gas distribution utility customers of such pipeline supplier, in the acquisition of such leases. (3) The Company owns 50% of the capital stock of Illinois Power Fuel Company. The remainder of its capital stock is owned by one other entity which is not a public utility company. Illinois Power Fuel Company was formed for the purpose of leasing nuclear fuel and facilities incidental thereto to the Company and is deemed not to be an electric utility company pursuant to Rule 7(d)(6) under the Public Utility Holding Company Act of 1935. (4)The Company owns 100% of the capital stock of IP Group, Inc., an Illinois corporation which was incorporated on October 5, 1992, and therefore, IP Group, Inc. is an "affiliated interest" of the Company as defined in Section 7-101 of the Illinois Public Utilities Act. IP Group, Inc. was formed primarily for the purpose of investing and participating in energy-related projects and in the independent power generation market and is deemed not to be an electric utility company pursuant to Rule 7(d)(6) under the Public Utility Holding Company Act of 1935. (5)The Company owns 100% of the capital stock of Illinova Corporation, formerly provisionally named IP Holding Company. Illinova currently engages in no business and has no material assets. It was created for the purpose of effecting a reverse triangular merger in which it will become the owner of all of the Company's common stock. The proposed merger was approved by the shareholders of the Company on February 9, 1994. Regulatory approval filings, including an application to the SEC under Section 9 (a)(2) of the Public Utility Holding Company Act of 1935, are pending. (6)Illinova Corporation owns 100% of the capital stock of IP Merging Corporation, which has no material assets and was created to effect the merger described in note (5) above. If the merger is consummated, IP Merging Corporation will merge into and with the Company, and cease to exist. (7)IP Group, Inc. owns 100% of the capital stock of this Illinois corporation. The corporation was formed to participate in a specific energy related project. The corporation is an "affiliated interest" of Illinois Power Company as defined in Section 7-101 of the Illinois Public Utilities Act. The corporation is deemed not to be an electric utility company pursuant to Rule 7(d)(6) under the Public Utility Holding Company Act of 1935. 2. A brief description of the properties of claimant and each of its subsidiary public utility companies used for the generation, transmission and distribution of electric energy for sale, or for the production, transmission, and distribution of natural or manufactured gas, indicating the location of principal generating plants, transmission lines, producing fields, gas manufacturing plants, and electric and gas distribution facilities, including all such properties which are outside the State in which claimant and its subsidiaries are organized and all transmission or pipelines which deliver or receive electric energy or gas at the borders of such State. The Company is predominantly an electric and gas utility company whose operations do not extend beyond the State of Illinois in which it is organized. The Company supplies electric service at retail in 310 incorporated municipalities, adjacent suburban areas, numerous unincorporated communities, and rural areas in the State of Illinois. Electric service at wholesale is supplied for resale to one electric utility and the Illinois Municipal Electric Agency as agent for 11 municipalities. The Company provided interchange power to 13 utilities for resale. The Company provides power to Soyland Power Cooperative, Inc. ("Soyland") under a Power Coordination Agreement; revenues received from Soyland are reported as electric interchange. The Company supplies natural gas service at retail in 257 incorporated municipalities, adjacent suburban areas and numerous unincorporated communities in the State of Illinois. It does not sell gas for resale. The Company purchases gas from five interstate pipelines and on the spot market. During 1993, the Company purchased 70% of its gas from interstate pipeline suppliers and 30% from pipelines' special marketing programs and spot market purchases. The Company also transports gas for industrial and commercial customers who have contracted to purchase gas through a broker or a producer. The Company owns and operates electric generating stations at Havana, Wood River, Hennepin, Baldwin, and near Danville, Illinois (designated as Vermilion Plant) having net summer output capabilities, respectively, of 666,000 kilowatts, 603,000 kilowatts, 286,000 kilowatts, 1,740,000 kilowatts and 165,000 kilowatts. The Company also has an 86.79% ownership interest in the Clinton Power Station (Clinton) and Soyland owns the remaining 13.21%. The Company's portion of net summer output capabilities of Clinton is 810,000 kilowatts. The Company also owns other generating facilities with an aggregate capability of 146,000 kilowatts, including gas turbine units at three locations which provide peaking service. Havana Units 1 - 5 and Wood River Units 1 - 3 are currently not staffed, but are available to meet reserve requirements with a maximum of four months notice. The Company owns an interconnected transmission system of approximately 2,800 circuit miles, operating at from 69,000 to 345,000 volts and a distribution system which includes about 36,900 circuit miles of overhead and underground lines. The Company has eight underground gas storage fields in Illinois having a total deliverability on a peak day of about 347,000 Mcf. The Company owns liquefied petroleum gas plants at Champaign, Freeburg and Jacksonville having daily deliverability of 20,000 Mcf., 20,000 Mcf. and 10,000 Mcf., respectively, of 1,000 Btu gas for peak shaving purposes. The Company also owns inactive gas plants at Danville and Galesburg. Gas properties include approximately 7,600 miles of mains. The Company owns 20% of the capital stock of Electric Energy, Inc., an Illinois corporation, which was organized to own and operate a steam electric generating station and related transmission facilities near Joppa, Illinois to supply electric energy to the Department of Energy for its project near Paducah, Kentucky. All of the electric and gas properties of the Company are located within the State of Illinois. A 345,000 volt transmission line running from a point at the Indiana state border to a site near Sidney, Illinois delivers and receives electric energy at the eastern edge of the State of Illinois. This line is an interconnection with Indiana Michigan Power Company. A second 345,000 volt line running from a point at the Kentucky state border to a site near Mt. Vernon, Illinois (a portion of such line is owned by Central Illinois Public Service Company) delivers and receives electric energy at the southern end of the State of Illinois. This line is an interconnection with Tennessee Valley Authority. 3. The following information for the last calendar year with respect to claimant and each of its subsidiary public utility companies: (a) Number of Kwh. of electric energy sold (at retail or wholesale) and Mcf. of natural or manufactured gas distributed at retail. Company Total Electric Sales Retail Gas Sales (Kwh.) (Mcf.) Illinois Power 22,264,496,773 60,426,711 Company Electric Energy, Inc. 13,511,883,904 None (b) Number of Kwh. of electric energy and Mcf. of natural or manufactured gas distributed at retail outside the State in which each such company is organized. In 1993, EEI billed the Department of Energy for 11,928,093,904 Kwh. of electric energy delivered to the Department of Energy project near Paducah, Kentucky. Gas is distributed by the Company only within the State of Illinois. (c) Number of Kwh. of electric energy and Mcf. of natural or manufactured gas sold at wholesale outside the State in which each such company is organized, or at the State line. Company Electric Sales (Kwh.) Gas Sales (Mcf.) Illinois Power 1,380,403,000 (*) None Company (*)Sold 102,307,000 kilowatt-hours to Indiana-Michigan Power Company at the Illinois-Indiana state line, 1,219,156,000 kilowatt-hours to the Tennessee Valley Authority at the Illinois-Kentucky state line and 58,940,000 kilowatt-hours to Kentucky Utilities at the Illinois-Kentucky state line. (d) Number of Kwh. of electric energy and Mcf. of natural or manufactured gas purchased outside the State in which each such company is organized or at the State line. Company Electric Purchases Gas Purchases (Mcf.) (Kwh.) Illinois Power 111,270,000 (**) None Company (**)Purchased 55,721,000 kilowatt-hours from Indiana- Michigan Power Company at the Illinois-Indiana state line, 55,099,000 kilowatt-hours from the Tennessee Valley Authority at the Illinois-Kentucky state line and 450,000 kilowatt-hours from Kentucky Utilities at the Illinois-Kentucky state line. 4. The following information for the reporting period with respect to claimant and each interest it holds directly or indirectly in an EWG or a foreign utility company, stating monetary amounts in United States dollars: (a)Name, location, business address and description of the facilities used by the EWG or foreign utility company for the generation, transmission and distribution of electric energy for sell or for the distribution at retail of natural or manufactured gas. None (b)Name of each system company that holds an interest in such EWG or foreign utility company; and description of the interest held. None (c)Type and amount of capital invested, directly or indirectly, by the holding company claiming exemption; any direct or indirect guarantee of the security of the EWG or foreign utility company by the holding company claiming exemption; and any debt or other financial obligation for which there is recourse, directly or indirectly, to the holding company claiming exemption or another system company, other than the EWG or foreign utility company. None (d)Capitalization and earnings of the EWG or foreign utility company during the reporting period. None (e)Identify any service, sales or construction contract(s) between the EWG or foreign utility company and a system company, and describe the services to be rendered or goods sold and fees or revenues under such agreement(s). None The above-named claimant has caused this statement to be duly executed on its behalf by its authorized officer on the 28th day of April, 1994. ILLINOIS POWER COMPANY By Alec G. Dreyer Controller Corporate Seal Attest: Leah Manning Stetzner Vice President, General Counsel and Corporate Secretary Name, title and address of officer to whom notices and correspondence concerning this statement should be addressed: Alec G. Dreyer Controller Illinois Power Company 500 South 27th Street Decatur, Illinois 62525-1805 EXHIBIT A A consolidating of statement of income and retained earnings (deficit) of the claimant and its subsidiary companies for the last calendar year, together with a consolidating balance sheet of claimant and its subsidiary companies as of the close of such calendar year. Consolidating statements are furnished with respect to Illinois Power Company and IP Group, Inc. Consolidating statements have not been furnished with respect to the Company and IP Gas Supply Company, Illinois Power Fuel Company and Electric Energy, Inc., inasmuch as the Company accounts for these investments under the equity accounting method. Attached are the balance sheets as of December 31, 1993, and income statements and statements of retained earnings (deficit) for the twelve months ended December 31, 1993, for the Company, as consolidated. Illinois Power Company Consolidated Balance Sheet As of December 31, 1993 Exhibit A to (Thousands of Dollars) Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Balance Company Inc. Entries Sheet Assets Utility Plant, at original cost Electric (includes construction work in progress of $218,696)$ 5,889,401 $ - $ - $5,889,401 Gas (includes construction work in progress of $18,761) 589,850 589,850 6,479,251 6,479,251 Less-Accumulated depreciation 1,974,581 1,974,581 4,504,670 4,504,670 Nuclear fuel in process 6,623 6,623 Nuclear fuel under capital lease 128,509 128,509 4,639,802 4,639,802 Investments and Other Assets 21,755 4,700 (6,387) 20,068 Current Assets Cash and cash equivalents 9,325 597 - 9,922 Accounts receivable (less allowance for doubtful accounts of $4,000) Service 85,154 85,154 Other 37,453 137 (116) 37,474 Accrued unbilled revenue 49,037 49,037 Materials and supplies, at average cost 131,609 131,609 Prepaid and refundable income taxes 14,690 14,690 Prepayments and other 16,963 94 - 17,057 344,231 828 (116) 344,943 Deferred Charges Deferred Clinton costs 114,327 114,327 Recoverable income taxes 108,046 108,046 Unamortized debt expense 105,014 105,014 Other 90,081 1,183 - 91,264 417,468 1,183 - 418,651 $ 5,423,256 $ 6,711 $ (6,503) $5,423,464
Illinois Power Company Consolidated Balance Sheet As of December 31, 1993 Exhibit A to (Thousands of Dollars) Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Balance Company Inc. Entries Sheet Capital and Liabilities Capitalization Common stock equity (1) - No par value 100,000,000 shares authorized 75,643,937 shares outstanding, stated at $1,424,607 $ - $ - $1,424,607 No par value, 1,000 shares authorized, issued and outstanding at - 1 (1) - Less - Deferred compensation - ESOP 28,219 28,219 Retained earnings (deficit) (64,568) 287 (287) (64,568) Less - Capital stock expense 10,790 10,790 Total common stock equity 1,321,030 288 (288) 1,321,030 Serial preferred stock, cumulative, $50 par value (1) Authorized 5,000,000 shares, 4,150,000 shares outstanding - 4.08% series, 300,000 shares 15,000 15,000 4.26% series, 150,000 shares 7,500 7,500 4.70% series, 200,000 shares 10,000 10,000 4.42% series, 150,000 shares 7,500 7,500 4.20% series, 180,000 shares 9,000 9,000 8.24% series, 600,000 shares 30,000 30,000 7.56% series, 700,000 shares 35,000 35,000 8.00% series, 1,000,000 shares 50,000 50,000 7.75% series, 870,000 shares 43,500 43,500 Premium on preferred stock 1,071 1,071 Discount on preferred stock (381) (381) Serial preferred stock, cumulative, without par value (1) - Authorized 5,000,000 shares, 2,390,300 shares outstanding (including 480,000 shares of redeemable preferred stock) A Series, 1,000,000 shares (2) 50,000 50,000 B Series, 910,300 shares (3) 45,515 45,515 Mandatorily redeemable serial preferred stock, cumulative (1) - 8.00% series, 480,000 shares 48,000 48,000
Illinois Power Company Consolidated Balance Sheet As of December 31, 1993 Exhibit A to (Thousands of Dollars) Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Balance Company Inc. Entries Sheet Capital and Liabilities Preference stock, cumulative, without par value - Authorized 5,000,000 shares; none outstanding $ - $- $ - $ Total serial preferred, mandatorily redeemable serial preferred and preference stock 351,705 351,705 Additional paid-in capital - 6,099 (6,099) - 351,705 6,099 (6,099) 351,705 Long-term debt - First and New Mortgage Bonds - 5.85 % series due 1996 40,000 40,000 6 1/2% series due 1999 72,000 72,000 6 1/8% series due 2000 40,000 40,000 5 5/8% series due 2000 110,000 110,000 6 1/2% series due 2003 100,000 100,000 6.60 % series due 2004 (Pollution Control Series A) 7,200 7,200 9 7/8% series due 2004 10,000 10,000 7.95 % series due 2004 72,000 72,000 6 3/4% series due 2005 70,000 70,000 6.00 % series due 2007 (Pollution Control Series B) 18,700 18,700 11 5/8% series due 2014 (Pollution Control Series D) 35,615 35,615 10 3/4% series due 2015 (Pollution Control Series E) 84,150 84,150 7 5/8% series due 2016 (Pollution Control Series F, G and H) 150,000 150,000 8.30 % series due 2017 (Pollution Control Series I) 33,755 33,755 7 3/8% series due 2021 (Pollution Control Series A) 84,710 84,710 8 3/4% series due 2021 125,000 125,000 8.00% series due 2023 235,000 235,000 7 1/2% series due 2025 (4) 200,000 200,000 Variable % due 2028 (Pollution Control Series M, N, and O) 111,770 111,770 Total first mortgage bonds $ 1,599,900 $ - $ - $ 1,599,900
Illinois Power Company Consolidated Balance Sheet As of December 31, 1993 Exhibit A to (Thousands of Dollars) Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Balance Company Inc. Entries Sheet Capital and Liabilities Short-term debt to be refinanced as long-term debt (5)$ 125,000 $ - $- $ 125,000 8 1/2% debt securities due 1994 100,000 100,000 100,000 Medium-term notes, series A (6) 100,000 100,000 100,000 Variable rate long-term debt due 2017 (7) 75,000 75,000 1,999,990 1,999,900 Unamortized discount on debt (15,411) (15,411) 1,984,489 1,984,489 Obligation under capital leases 129,513 129,513 2,114,002 2,114,002 Long-term debt and lease obligations maturing within one year (187,655) (187,655) Total long-term debt 1,926,347 1,926,347 Total capitalization 3,599,082 6,387 (6,387) 3,599,082 Current Liabilities Accounts payable 128,357 564 (116) 128,805 Notes payable 92,285 92,285 Long-term debt and lease obligations maturing within one year 187,655 187,655 Dividends declared 49,964 49,964 Taxes accrued 31,966 31,966 Interest accrued 64,608 64,608 Other 51,418 - - 51,418 606,253 564 (116) 606,701 Deferred Credits Accumulated deferred income taxes 906,583 (240) - 906,343 Accumulated deferred investment tax credits 230,499 230,499 Other 80,839 80,839 1,217,921 (240) - 1,217,681 $5,423,256 $ 6,711 $(6,503) $5,423,464
Illinois Power Company Consolidated Balance Sheet As of December 31, 1993 Exhibit A to Form U-3A-2 CAPITAL AND LIABILITIES (continued) (1)In February and April 1993, the Board of Directors declared first and second quarters common and preferred stock dividends, respectively for 1994. Dividends will be paid on the normal payment dates on shares outstanding on applicable record dates. The rates for the Adjustable Rate Series A & B were declared on the basis of $1.00 and $1.125 per share, respectively, for each of the two quarters. However, the actual amounts paid may vary, based on market interest rates on the normal declaration dates. (2)Quarterly dividend rates are determined based on market interest rates of certain U.S. Treasury securities. Rates for dividends declared in 1993 were $1.00 for each quarter. (3)Quarterly dividend rates are determined based on market interest rates of certain U.S. Treasury securities. Rates for dividends declared in 1993 were $1.1250 for each quarter. (4)Effective July 19, 1993, the Company entered into an interest rate swap agreement for $50 million for six months paying a fixed rate of 5.5% and receiving a floating rate. (5)Short-term debt to be refinanced as long-term debt consists of commercial paper and other short-term instruments that will be renewed regularly on a long-term basis. Ongoing credit support is provided by the Company's $200 million revolving credit agreements. (6)In 1989 and 1991, the Company entered a series of fixed rate medium-term notes. At December 31, 1993, the maturity dates on these notes ranged from 1996 to 1998 and the interest rates ranged from 9.00% to 9.31%. (7)Interest rates adjusted weekly and ranged from 2.90% to 3.30% at December 31, 1993. Illinois Power Company Consolidated Income Statement For the Year Ended December 31, 1993 Exhibit A to (Thousands of Dollars) Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Income Company Inc. Entries Statement Operating Revenues Electric $1,135,572 $ - $ - $ 1,135,572 Electric Interchange 130,785 130,785 Gas 314,833 314,833 Total 1,581,190 1,581,190 Operating Expenses and Taxes Fuel for electric plants 235,092 235,092 Power purchased 78,540 78,540 Gas purchased for resale 187,343 187,343 Other operating expenses 269,165 269,165 Maintenance 100,834 100,834 Depreciation 169,190 169,190 Amortization of excess unprotected deferred taxes (5,620) (5,620) General taxes 125,585 125,585 Deferred Clinton costs 9,257 9,257 Income taxes 106,535 106,535 Total 1,275,921 1,275,921 Operating income 305,269 305,269 Other Income and Deductions Allowance for equity funds used during construction 2,702 2,702 Disallowed Clinton costs ( 270,956) ( 270,956) Income tax effects of disallowed costs 70,638 70,638 Miscellaneous - net ( 3,059) 287 (287)( 3,059) Total ( 200,675) 287 (287)( 200,675) Income before interest charges 104,594 287 (287) 104,594 Interest Charges Interest on long-term debt 154,110 154,110 Other interest charges 10,800 10,800 Allowance for borrowed funds used during construction ( 4,565) ( 4,565) Total 160,345 160,345 Net Income (loss) $( 55,751) $ 287 $( 287)$( 55,751)
Illinois Power Company Consolidated Statement of Retained Earnings (Deficit) For the Year Ended December 31, 1993 (Thousands of Dollars) Exhibit A to Form U-3A-2 Illinois IP Consolidating Consolidated Power Group & Eliminating Retained Company Inc. Entries Earnings Balance at beginning of year $ 41,004 $ - $ - $ 41,004 Net income (loss) (55,750) 287 (287) ( 55,750) (14,746) 287 (287) ( 14,746) Less - Dividends - Preferred stock 20,105 20,105 Common stock 29,717 29,717 49,822 49,822 Balance (Deficit) at end of year $ (64,568) $ 287 $ (287) $ (64,568)
IP Gas Supply Company Balance Sheet As of December 31, 1993 (Thousands of Dollars ) (Unaudited) Exhibit A to Form U-3A-2 ASSETS Cash $ 251 Accounts receivable - Illinois Power Company 5,204 Preliminary survey and investigation charges 373 Incorporation fees 7 Total assets $5,835 LIABILITIES AND STOCKHOLDERS' EQUITY Taxes accrued $ 1 Common stock, par value $100 4,100 Retained earnings 1,734 Total liabilities and stockholders' equity $5,835 IP Gas Supply Company Income Statement For the Year Ended December 31, 1993 (Unaudited) Operating revenues $ 168 Operating expenses and taxes 77 Operating income 91 Other income (deductions) - Net income $ 91 IP Gas Supply Company Statement of Retained Earnings For the Year Ended December 31, 1993 (Unaudited) Balance at beginning of year $1,643 Net income 91 Balance at end of year $1,734 Illinois Power Fuel Company Balance Sheet As of December 31, 1993 (Thousands of Dollars) (Unaudited) Exhibit A to Form U-3A-2 ASSETS Current Assets Cash and cash equivalents $ 799 Accounts receivable from Illinois Power Company 1,559 Prepaid interest 52 Prepayments 3 Net investment in nuclear fuel lease 41,639 44,052 Noncurrent Assets Net investment in nuclear fuel lease 86,870 $130,922 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable to Illinois Power Company $ 22 Accrued interest 1,287 Notes payable 24,513 Long-term debt maturing within one year 15,000 70,822 Noncurrent Liabilities Long-term debt 90,000 Stockholders' Equity Common stock, par value $1 (100,000 shares authorized, issued and outstanding) 100 Retained earnings - 100 $130,922 Illinois Power Fuel Company Income Statement For the Year Ended December 31, 1993 (Thousands of Dollars) (Unaudited) Exhibit A to Form U-3A-2 Revenues Nuclear fuel lease income $ 44,922 Non-utility operations 16 44,938 Expenses and Taxes Amortization of nuclear fuel 38,749 Interest expenses, net 6,174 Income taxes 3 44,926 Net income $ 12 Illinois Power Fuel Company Statement of Retained Earnings For the Year Ended December 31, 1993 (Unaudited) Balance at beginning of year $ - Net income 12 12 Less: Dividends paid 12 Balance at end of year $ - Electric Energy, Inc. Balance Sheet As of December 31, 1993 (Thousands of Dollars) (Unaudited) Exhibit A to Form U-3A-2 ASSETS Utility Plant Utility plant in service $ 285,413 Construction work in progress 14,475 299,888 Less - Accumulated depreciation 209,916 89,972 Current Assets Cash 199 Working funds 28 Customer accounts receivable 17,720 Other accounts receivable 2,881 Receivable from associated companies 17,319 Fuel stock (coal inventory) 4,708 Plant material and operating supplies 5,879 Prepayments 598 49,332 Investments and Deferred Debits Unamortized debt discount and expense 377 Investments in associated companies 105 Accumulated deferred incomes taxes 5,849 Other 10,935 17,266 $ 156,570 CAPITAL AND LIABILITIES Capitalization Capital stock equity - Common stock $ 6,200 Retained earnings 2,634 Long-term debt 64,660 Total Capitalization 73,494 Current and Accrued Liabilities Notes payable 40,600 Accounts payable 26,218 Payable to associated companies 4,293 Taxes accrued 3,890 Interest accrued 502 Dividends declared 3,002 Tax collections payable 102 78,607 Deferred Credits Accumulated deferred income taxes 4,469 $ 156,570 Electric Energy, Inc. Income Statement For the Year Ended December 31, 1993 (Thousands of Dollars) (Unaudited) Exhibit A to Form U-3A-2 Operating Revenues Sales to Department of Energy Permanent power $ 124,220 Additional power 104,711 Excess Joppa energy 1,744 Firm additional power 5,523 Total sales to Department of Energy 236,198 Sales to other electric utilities 39,406 Total 275,604 Operating Expenses and Taxes Purchased power 103,885 Operating expense 118,685 Maintenance expense 18,378 Depreciation 7,138 Taxes other than income taxes 1,770 Income taxes - federal 8,894 Income taxes - other 2,088 Income taxes - deferred in prior years (3,567) Total 257,271 Net operating revenues 18,333 Other Income Interest and dividends income 608 Misc. non-operating income and income deductions 117 Total 725 Gross income 19,058 Income Deductions Other interest expenses 6,017 Net income $ 13,041 Electric Energy, Inc. Statement of Retained Earnings For the Year Ended December 31, 1993 (Unaudited) Balance at beginning of year $ 2,634 Net income 13,041 15,675 Deduct - Dividends on common stock 13,041 Balance at end of year $ 2,634 EXHIBIT B Below are the Financial Data Schedule items required for consolidated financial statements. (Thousands of Dollars) 1. Total Assets $5,423,464 2. Total Operating Revenues $1,581,190 3. Net Income (Loss) ($55,751) EXHIBIT C An organization chart showing the relationship of each EWG or foreign utility company to associate companies in the holding-company system is not applicable as reflected in our responses in Item 4. -----END PRIVACY-ENHANCED MESSAGE-----