-----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, CsIYAT8GdWQI4j0tCA34kJ4pdacrfLQ8ADvwYfqNpDp8Fiq6GeoCEzaAAgdkcP3d KomykO9D4jRpzVF0N8/hKQ== 0000950124-01-500034.txt : 20010307 0000950124-01-500034.hdr.sgml : 20010307 ACCESSION NUMBER: 0000950124-01-500034 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010220 ITEM INFORMATION: FILED AS OF DATE: 20010301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANT ENERGY CORP CENTRAL INDEX KEY: 0000352541 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 391380265 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 001-09894 FILM NUMBER: 1559632 BUSINESS ADDRESS: STREET 1: 222 WEST WASHNGTON AVENUE CITY: MADISON STATE: WI ZIP: 53703 BUSINESS PHONE: 6082523110 MAIL ADDRESS: STREET 1: P O BOX 2568 CITY: MADISON STATE: WI ZIP: 53701-2568 FORMER COMPANY: FORMER CONFORMED NAME: INTERSTATE ENERGY CORP DATE OF NAME CHANGE: 19980427 FORMER COMPANY: FORMER CONFORMED NAME: WPL HOLDINGS INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IES UTILITIES INC CENTRAL INDEX KEY: 0000052485 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 420331370 STATE OF INCORPORATION: IA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 001-04117 FILM NUMBER: 1559633 BUSINESS ADDRESS: STREET 1: 200 FIRST ST SE STREET 2: IES TOWER CITY: CEDAR RAPIDS STATE: IA ZIP: 52401 BUSINESS PHONE: 3193984411 FORMER COMPANY: FORMER CONFORMED NAME: IOWA ELECTRIC LIGHT & POWER CO DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IOWA RAILWAY & LIGHT CORP DATE OF NAME CHANGE: 19670629 8-K/A 1 c60512ae8-ka.txt AMENDMENT NO. 1 TO FORM 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------- FORM 8-K/A AMENDMENT NO. 1 TO CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ----------------------- Date of Report (Date of earliest event reported): February 20, 2001
Commission Name of Registrant, State of Incorporation, IRS Employer File Number Address of Principal Executive Offices and Telephone Number Identification Number - ------ ----------------------------------------------------------- --------------------- 1-9894 ALLIANT ENERGY CORPORATION 39-1380265 (a Wisconsin corporation) 222 West Washington Avenue Madison, Wisconsin 53703 Telephone (608) 252-3311 0-4117-1 IES UTILITIES INC. 42-0331370 (an Iowa corporation) Alliant Energy Tower Cedar Rapids, Iowa 52401 Telephone (319) 398-4411
This joint Form 8-K/A is separately filed by Alliant Energy Corporation and IES Utilities Inc. 2 The undersigned registrants hereby amend Item 5 of their Current Report on Form 8-K dated February 20, 2001 to provide in its entirety as follows: Item 5. Other Events and Regulation FD Disclosure. Alliant Energy Corporation ("AEC") and IES Utilities Inc., an operating public utility and a subsidiary of AEC ("IESU"), reported the following information with respect to IESU and Interstate Power Company, a Delaware corporation, an operating public utility and a subsidiary of AEC ("IPC"). SUMMARY OPERATING STATISTICS As of December 31, 2000, IESU furnished retail electric service to approximately 347,000 customers in 525 cities, villages and towns. IESU also supplied wholesale electric service to five customers. During the nine-month period ended September 30, 2000, IESU derived its electric operating revenues from the following types of customers: -- residential -- 37% -- commercial -- 28% -- industrial -- 29% -- sales for resale -- 4% -- other -- 2%. The maximum net hourly peak load on IESU's electric system in the year ended December 31, 2000 was 2,067 megawatts. At the time of the peak load on IESU's system, IESU had the capacity to provide up to 2,143 megawatts of electricity, including 1,916 megawatts of generated capacity and 227 megawatts of purchased capacity under contract. During 2000, IESU's net kilowatt-hour sources of electricity consisted of the following: -- coal -- 52% -- nuclear -- 26% -- purchases -- 18% -- natural gas - 3% -- other -- 1%. As of December 31, 2000, IESU provided retail natural gas service to approximately 182,000 customers in 212 cities, villages and towns. During the nine-month period ended September 30, 2000, IESU derived its gas operating revenues from the following types of customers: -- residential -- 60% -- commercial -- 29% -- industrial -- 8% -- transportation and other -- 3%. 2 3 RECENT DEVELOPMENTS The following information for the year ended December 31, 2000 has been derived from IESU's and IPC's preliminary unaudited results of operations. IES Utilities. IESU's earnings available for common stock increased 12.2% to $73.5 million on operating revenues of $876.0 million for the year ended December 31, 2000 compared to earnings available for common stock of $65.5 million on operating revenues of $800.7 million for the year ended December 31, 1999. IESU's operating income increased 3.9% to $167.8 million, or 19.2% of operating revenues, for the year ended December 31, 2000 compared to $161.5 million, or 20.2% of operating revenues, for the year ended December 31, 1999. The increase in IESU's earnings available for common stock and its operating income was primarily due to reduced other operation and maintenance expenses, higher electric and gas margins and lower tax expense primarily due to a lower effective income tax rate. Those changes were partially offset by higher depreciation and amortization expense due to property additions. Higher interest income, largely due to a tax settlement realized in 2000, also contributed to the increase in earnings available for common stock. Reduced other operation and maintenance expenses were primarily due to lower energy efficiency expenses and reduced administrative and general expenses resulting from expenses incurred in 1999 relating to IESU's Year 2000 readiness program and lower employee benefit costs. Such decreases were partially offset by higher nuclear operation costs and one-time fees related to the transfer from the Mid-Continent Area Power Pool reliability region to the Mid-America Interconnected Network, Inc. region. Electric margin increased due to increased sales resulting from economic growth, partially offset by the impact of a 1999 change in estimate of the utility services rendered but unbilled at month-end, milder weather and reduced recoveries for Iowa-mandated energy efficiency programs. Gas margin increased primarily due to increased sales resulting from colder weather in the fourth quarter of 2000. Interstate Power Company. IPC's earnings available for common stock decreased 7.7% to $26.2 million on operating revenues of $358.0 million for the year ended December 31, 2000 compared to earnings available for common stock of $28.4 million on operating revenues of $342.1 million for the year ended December 31, 1999. IPC's operating income decreased 7.5% to $56.8 million, or 15.9% of operating revenues, for the year ended December 31, 2000 compared to $61.4 million, or 17.9% of operating revenues, for the year ended December 31, 1999. The decrease in IPC's earnings available for common stock and operating income was primarily due to increased other operation and maintenance expenses, higher depreciation and amortization expense due to property additions and lower gas margin. Those changes were partially offset by higher electric margin. The changes' effect on earnings available for common stock was also partially offset by reduced income tax expense due to a lower effective income tax rate. The increase in other operation and maintenance expenses was primarily due to increased energy efficiency expenditures and higher transmission and distribution expenses. Such increases were partially offset by expenses incurred in 1999 relating to IPC's Year 2000 readiness program and reduced employee benefit costs. The lower gas margin resulted from reduced sales. The increased electric margin was primarily due to higher sales resulting from economic growth, increased capacity sales and higher recoveries for energy efficiency programs. These items were partially offset by a 1999 change in estimate of utility services rendered but unbilled at month-end and milder weather. Pro Forma. The pro forma combined earnings available for common stock of IESU and IPC, giving effect to the proposed merger, increased 6.2% to $99.7 million on pro forma combined operating revenues of $1,234.0 million for the year ended December 31, 2000 compared to pro forma combined earnings available for common stock of $93.9 million on pro forma combined operating revenues of $1,142.8 million for the year ended December 31, 1999. Pro forma combined operating income increased 0.8% to $224.6 million, or 18.2% 3 4 of pro forma combined operating revenues, for the year ended December 31, 2000 compared to $222.9 million, or 19.5% of pro forma combined operating revenues, for the year ended December 31, 1999. 4 5 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Alliant Energy Corporation and IES Utilities Inc. have each duly caused this amendment to the report to be signed on its behalf by the undersigned hereunto duly authorized on March 1, 2001. ALLIANT ENERGY CORPORATION Registrant By: /s/ John E. Kratchmer Corporate Controller and Chief Accounting Officer - --------------------------- (Principal Accounting Officer) John E. Kratchmer IES UTILITIES INC. Registrant By: /s/ John E. Kratchmer Corporate Controller and Chief Accounting Officer - --------------------------- (Principal Accounting Officer) John E. Kratchmer 5
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