-----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, TzjAOUHm9Grfib41M5WbpVVxTY6dys4wYQA4NCVT9wl8JAXwfHA2VO7ZrLGCEkyL hAOwEBrq8zL4pT8+RNo7CA== 0000065984-02-000250.txt : 20021125 0000065984-02-000250.hdr.sgml : 20021125 20021125150210 ACCESSION NUMBER: 0000065984-02-000250 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20021125 EFFECTIVENESS DATE: 20021125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-09123 FILM NUMBER: 02839256 BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 5045764000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 35-CERT 1 a21902.txt UNITED STATES OF AMERICA BEFORE THE SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. * * * * * * * * * * * * * * * * * In the Matter of * * ENTERGY CORPORATION, * CERTIFICATE ENTERGY ENTEPRISES, INC., et al.* PURSUANT TO RULE 24 * File No. 70-9123 * * (Public Utility Holding Company * Act of 1935) * * * * * * * * * * * * * * * * * * Pursuant to Rule 24 promulgated by the Securities and Exchange Commission (SEC) under the Public Utility Holding Company Act of 1935, as amended (Act), as modified by the application-declaration, as amended, in the above referenced file and the related orders dated June 22, 1999 (June 1999 Order) and August 21, 2000 (the August 2000 Order), this is to certify that the following transactions were carried out during the three (3) months ended September 30, 2002 (the quarter) by Entergy Corporation's Non-utility Companies1 (Non-Reg Companies), pursuant to the authorization of the SEC. Capitalized terms used in this Certificate, unless otherwise defined, have the meanings set forth in the June 1999 Order and/or the August 2000 Order. Authorized Transactions Pursuant to the June 1999 Order or the August 2000 Order, as applicable, (a) the Non-Reg Companies are authorized to conduct development activities with respect to various investment opportunities for Entergy Corporation (Entergy), (b) the Non-Reg Companies are authorized to provide various consulting services to other Non-Reg Companies and to non-associates, including to market to non-associates the Entergy System's expertise and capabilities in energy-related areas, and to market to non- associates intellectual property developed or acquired by System companies, (c) the Non-Reg Companies are authorized to provide various management, administrative and support services to associate companies, excluding certain associate companies (Excepted Companies2), (d) Entergy is authorized to create O&M Subs to provide various operations and maintenance services to non-associate or associate companies, (e) Entergy is authorized to create one or more New Subsidiaries, (f) Entergy and the Non- Reg Companies are authorized to make Non-utility Loans to certain Non-Reg Companies, (g) the Non-Reg Companies are authorized to issue Other Securities of any type to Entergy, to other Non-Reg Companies or to third parties, (h) the Non-Reg Companies are authorized to pay dividends to their immediate parent companies from capital accounts or other unearned surplus, and (i) Entergy and the Non-Reg Companies are authorized to provide guarantees or other forms of credit support (Guarantees) to or for the benefit of Non-Reg Companies through December 31, 2005, in an aggregate principal amount not to exceed $2 billion at any one time outstanding (excluding any Guarantees previously issued and outstanding under the June 1999 Order.) During the quarter, Entergy and the Non-Reg Companies participated in the following authorized transactions: I. Administrative, Consulting, Management, and Other Services to Associate Companies During the quarter, Entergy Enterprises Inc. (Enterprises) provided certain management and support services, at cost, to its associate companies, Entergy Power, Inc. (EPI), Entergy Technology Holding Company (ETHC), Entergy Technology Company (ETC), Entergy Holdings, Inc., Entergy Business Solutions LLC, Entergy Thermal LLC, Entergy Global Investments, Inc., Entergy UK Enterprises Ltd., Entergy Operations Services, Inc. (EOSI), Entergy Procurement Exchange Corporation, Entergy Solutions Management Services LLC, Entergy Solutions Select Ltd., Entergy Commerce, Inc., Entergy Power Development Corporation (EPDC), Entergy International Ltd. LLC, Entergy Power Operations Corp., Entergy Power Operations U.S., Inc., Entergy Power Crete Corporation, Entergy Nuclear, Inc. (ENI), Entergy Nuclear Operations, Inc., Entergy Nuclear Generation Corporation (ENGC), Entergy Nuclear Indian Point 3 LLC (IP3), Entergy Nuclear FitzPatrick LLC, Entergy Nuclear Indian Point 2 LLC (IP2), TLG Services, Inc. (TLG), Entergy Nuclear Vermont Yankee LLC, Entergy MHK Retail LLC, Entergy Solutions Ltd., Entergy Solutions Essentials Ltd., Entergy Power RS Corp., Entergy Power Ventures LP, EWO Marketing, LP, Entergy-Koch Trading Ltd., Entergy Power E&C Holdings LLC, Warren Power LLC, Northern Iowa Windpower LLC, Entergy Asset Management, Inc., and Entergy Solutions Supply Ltd. Enterprises' billings to all such associate companies included direct costs incurred plus, to the extent applicable, an indirect loading based upon current month administrative charges. Enterprises billed, at cost, EPI ($85,329) for consulting and other support services related to the marketing of EPI capacity and energy to third parties at wholesale, preparation of contracts and regulatory filings, oversight of plant operations and maintenance by plant operators, and procurement of transmission services. In regard to ETHC ($70,598), ETC ($255,836), Entergy Holdings, Inc. ($61,150), Entergy Thermal LLC ($241,487), Entergy Business Solutions LLC ($169,714), EPDC ($1,049,985), Entergy International Ltd. LLC ($672,320), Entergy Global Investments, Inc. ($24,188), Entergy MHK Retail LLC ($3,759), Entergy UK Enterprises Ltd. ($30,808), Entergy Operations Services, Inc. ($146,878), Entergy Procurement Exchange Corporation ($12,916), Entergy Solutions Management Services LLC ($110,997), Entergy Solutions Select Ltd. ($1,150,027), Entergy Solutions Essentials Ltd. ($6,667), Entergy Solutions Supply Ltd. ($314), Entergy Commerce, Inc. ($8,544), Entergy Power Operations Corporation ($916 credit), Entergy Power Operations U.S., Inc. ($267,911), Entergy Power Crete Corporation ($74,466), Entergy Solutions Ltd ($842,140), Entergy Power RS Corp. ($537,801), EWO Marketing LP ($950,952), Entergy-Koch Trading Ltd. ($792,748), Entergy Power Ventures LP, ($712,506), Entergy Power E&C Holdings LLC ($76,445), Warren Power LLC ($77,124), ENGC ($1,407,146), Entergy Nuclear Indian Point 3 LLC ($1,308,028), Entergy Nuclear FitzPatrick LLC ($1,130,419), Entergy Nuclear Indian Point 2 LLC ($1,357,230), TLG Services, Inc. ($65,372), ENI ($1,685,162), Entergy Nuclear Vermont Yankee LLC ($662,293), Entergy Nuclear Operations, Inc. ($22,113), Northern Iowa Windpower LLC ($20,372), and Entergy Asset Management, Inc. ($82,380), these services were primarily related to management oversight, administrative services, support services, and/or project development. During the quarter, Entergy Solutions Management Services LLC provided management/administrative and consulting services to Entergy Solutions Ltd. and to Entergy Solutions Select Ltd. The amounts billed, at cost, during this quarter were $404,962 and $172,548, respectively. During the quarter, Entergy Solutions Supply Ltd. provided management/administrative and consulting services to Entergy Solutions Ltd. and to Entergy Solutions Select Ltd. The amounts billed, at cost, during this quarter were $64,765 and $1,092,878, respectively. During the quarter, Entergy Retail Texas, Inc. provided management/administrative and consulting services to Entergy Solutions Select, Ltd. The amount billed, at cost, during this quarter was a $1,390 credit. During the quarter, Entergy-Koch LP (EKLP) provided management/administrative support services, consulting services and services related to the marketing of energy commodities to third parties at wholesale to EWO Marketing LP. The amount billed, at cost, to EWO Marketing LP for such services during the quarter was $925,000. EKLP also provided administrative support services and management oversight services to Entergy-Koch Trading LP. Such management oversight services were related to the marketing of energy commodities to third parties at wholesale, the preparation of contracts and regulatory filings, and the procurement of transmission services. The amount billed, at cost, to Entergy-Koch Trading LP for such services during the quarter was $741,000. II. Consulting Services Provided to Non-Associate Companies Enterprises, under contract with a hydroelectric partnership, continues to provide an array of technical services/support and maintenance for a hydroelectric transmission line. Certain Entergy Services, Inc. personnel are providing the services. Enterprises is paid a fixed annual fee plus market based rates for performing maintenance on the transmission line owned by the partnership. The partnership was charged $14,844 for services rendered during the quarter. During the quarter, no other Consulting Services were provided by Non-Reg Companies to non-associate companies. III. Non-utility Loans Made by Entergy to Non-Reg Companies, or Between Non-Reg Companies During the quarter, no Non-utility Loans subject to reporting in this Certificate were made by Entergy to Non-Reg Companies or between Non-Reg Companies. IV. Other Securities Issuances by Non-Reg Companies During the quarter, no Other Securities issuances subject to reporting in this Certificate were made by Non-Reg Companies. V. Formation and Capitalization of New Subsidiaries and O&M Subs During the quarter, the following company claimed status as an O&M Sub in accordance with the June 1999 Order: Entergy Nuclear Potomac Company. During the quarter, the foregoing company was capitalized as follows: Entergy Nuclear Potomac Company, $1,000 in common stock. During the quarter, Entergy Solutions Supply Ltd. changed its status from `New Subsidiary' to `an energy-related company', pursuant to Rule 58. During the quarter, no other amounts were expended to form and initially capitalize any New Subsidiary or O&M Sub. VI. Nature and Extent of O&M Services Provided During the quarter, ENI provided decommissioning management services to a large non-associate nuclear operating utility in the Northeast and other services to non-associate companies related to the operation, maintenance, and decommissioning of nuclear generation facilities. The total amount billed for all such services was $340,671 consisting of certain incentive fees and reimbursable expenses. Also, during the quarter, ENI provided license renewal management services to non-associate nuclear utility customers. The total amount billed for all such services was $618,413, consisting of market-based fees and reimbursable expenses. Also, during the quarter, ENI billed ENGC, at cost, $290,106 for decommissioning and license renewal management services relating to the Pilgrim nuclear plant. In addition, during the quarter, ENI billed TLG, at cost, $156,856 for O&M Services, including professional advice, and technical support primarily related to the decommissioning of nuclear electric generating facilities. Also during the quarter, Entergy Nuclear, Inc. billed, at cost, Entergy Nuclear Vermont Yankee, LLC (VY) for project development activities related to the acquisition of Vermont Yankee nuclear facilities in the amount of $17,858,479. During the quarter, Entergy Nuclear Fuels Company billed, at cost, ENGC ($18,864), IP3 ($18,864), JAF ($18,864), and IP2 ($18,864) for O&M Services related to the procurement of nuclear fuel and fuel services for the nuclear power plants owned by these companies. During the quarter, Entergy Nuclear Operations, Inc. (ENOI) billed, at cost, ENI ($2,687,578), TLG ($224,752), ENGC ($24,819,400), IP3 ($23,979,680), JAF ($23,074,844), IP2 ($25,211,149), and VY ($10,718,148) for O&M Services, including professional advice and technical support primarily related to the operation, maintenance or decommissioning of nuclear electric generating facilities. In addition, during the quarter, EOSI provided power project related O&M Services to several non-associate customers, including professional advice, technical expertise and maintenance services. Specifically, EOSI's services to non- associate customers included performing preventive maintenance on substations; providing O&M consulting services; providing project management, engineering, ground testing, procurement and construction services on transmission and substation facilities. The total amounts billed for all such services during the quarter were $918,020 consisting, in each case, of market-based fees and reimbursable expenses. During the quarter, Entergy Power Operations U.S. Inc. (EPOUS) provided O&M Services to Entergy Power RS Corporation relating to construction management and administrative support of its electric generating facilities for which it was billed, at cost, $16. Also, EPOUS provided O&M Services to Warren Power, LLC relating to long-term operations and maintenance, and administrative support of its co-owned electric generating facilities, and to Entergy Power Ventures LP relating to administrative support of its co-owned electric generating facilities. For such services these affiliate companies were billed a fixed management fee of $415,527, and $17,201, respectively. During the quarter, EntergyShaw LLC provided O&M Services relating to the procurement of construction equipment, engineering and construction management services related to the electric generating facilities being constructed by Entergy Shaw for Entergy Power Ventures LP and Crete Energy Ventures LLC. These affiliates were billed for incentive based fees plus reimbursable costs $4,699,127 and $28,276,261, respectively. During the quarter, EN Services LP provided O&M Services relating to the procurement of equipment, engineering and construction management services, and acted as agent on behalf of Crete Energy Ventures LLC, and Entergy Power Ventures LP related to construction of electric generating facilities to be owned by these affiliates. For such services, these affiliate companies were billed a fixed management fee in the amount of $470,574 and $200,000, respectively. Also, during the quarter EN Services LP provided O&M Services relating to the procurement of equipment, engineering and construction management services, and acted as agent on behalf of a non-affiliate electric cooperative who with Entergy Power Ventures LP, co-owns the electric generating plant under construction in Texas. Entergy represents that no Excepted Company has subsidized the operations of any Non-Reg Company and that the rendering of O&M Services by O&M Subs is in compliance with the applicable rules, regulations and orders of the SEC and has not adversely affected the services provided by any Excepted Company to its customers. VII. Payment of Dividends By Certain Non-Reg Companies During the quarter, no dividends or distributions subject to reporting in this Certificate were paid by Non-Reg Companies. VIII. Reorganizations The Entergy Non-Reg Companies' organizational structure as of September 30, 2002 is included in Exhibit 1. No reorganizations of Entergy's ownership interests in Non- Reg Companies subject to reporting in this Certificate were effected during the quarter. IX. Outstanding Guarantees Issued by Entergy or by Non-utility Companies As of the end of the quarter, the total outstanding amount of Guarantees issued pursuant to the August 2000 Order by Entergy or by Non-Reg Companies (to the extent reportable herein) to or for the benefit of Non-Reg Companies was $423,450,190, excluding Guarantees previously issued and outstanding under the June 1999 Order in the amount of $40,205,000. X. Financial Statements Entergy Corporation and Subsidiaries' Consolidated unaudited Balance Sheet and Income Statement for the quarter ended September 30, 2002 are included in Exhibit 2. IN WITNESS WHEREOF, the Undersigned Company has caused this certificate to be executed on this 25th day of November 2002. ENTERGY CORPORATION /s/ Nathan E. Langston Nathan E. Langston Senior Vice President and Chief Accounting Officer _______________________________ 1 Non-utility Companies are defined in the August 2000 Order as "exempt wholesale generators" ("EWGs"), "foreign utility companies" ("FUCOs"), "exempt telecommunications companies" ("ETCs"), "O&M Subs", "Authorized Subsidiary Companies", "New Subsidiaries" and "Energy-related Companies". 2 The Excepted Companies are Entergy's retail operating companies (Entergy Arkansas Inc., Entergy Louisiana Inc., Entergy Mississippi Inc., Entergy New Orleans Inc. and Entergy Gulf States Inc.), System Energy Resources, Inc., System Fuels, Inc., Entergy Operations, Inc., Entergy Services, Inc., and any other subsidiaries that Entergy may create whose activities and operations are primarily related to the domestic sale of electric energy at retail or at wholesale to affiliates or the provision of goods or services thereto. EX-99 3 a21902exh.txt EXHIBIT 1 page 1 of 6 ENTERGY CORPORATION'S ORGANIZATION OF NON-REG COMPANIES As of September 30, 2002 Entergy Corporation Entergy Enterprises, Inc. (LA) (100%) (an authorized subsidiary) Entergy Retail Holding Company (100%)(DE)(a new subsidiary) Entergy Retail Texas, Inc. (100%)(DE)(a new subsidiary) Entergy Solutions Supply Ltd. (1%)(TX)(an energy-related company) Entergy Solutions Ltd. (1%)(TX)(an energy-related company) Entergy Solutions Supply Ltd. (99%)(TX)(an energy-related company) Entergy Solutions Ltd. (99%)(TX)(an energy-related company) Entergy Retail Louisiana LLC-A (100%)(DE)(a new subsidiary) Entergy Solutions Management Services LLC (100%)(LA)(a new subsidiary) Entergy PTB Holding Company (100%)(DE)(a new subsidiary) Entergy Solutions Select Ltd. (TX)(99%)(an energy-related company) Entergy Solutions Essentials Ltd. (TX)(99%)(an energy- related company) Entergy Select LLC (100%)(DE)(a new subsidiary) Entergy Solutions Select Ltd. (TX)(1%)(an energy-related company) Entergy Solutions Essentials Ltd. (TX)(1%)(an energy- related company) Entergy Ventures Holding Company, Inc. (DE)(100%)(a new subsidiary) Entergy MHK Investments LLC (DE)(100%)(a new subsidiary) Entergy Commerce, Inc. (DE)(100%)(a new subsidiary) Entergy MHK Retail LLC (DE)(100%)(an exempt telecommunications company) Entergy Resources, Inc. (100%)(DE)(a new subsidiary) Entergy Operations Services, Inc. (DE)(100%) (an O&M subsidiary) Entergy Power Gas Holdings Corporation (100%)(DE)(a new subsidiary) Entergy Power Gas Operations Corporation (100%)(DE)(a new subsidiary) Entergy Procurement Exchange Holding Corporation (100%) (DE) (a new subsidiary) Pantellos Corporation (4.9%) (an exempt telecommunications company) Entergy Power Generation Corp. (DE) (100% of Class A voting common stock) (EWG) Entergy Power Warren Corporation I (DE)(100%)(a new subsidiary) Warren Power, LLC (MS)(100%)(an EWG) EXHIBIT 1 page 2 of 6 Entergy Asset Management, Inc. (formerly Entergy Power DeSoto County Ventures, Inc.) (DE)(100%)(a new subsidiary) Entergy Power Crete Corporation (DE)(100%)(a new subsidiary) Crete Turbine Holdings, LLC (DE)(50%)(a new subsidiary) Crete Energy Ventures, LLC (DE)(50%)(an EWG) Entergy Power Ventures Corp. I (DE)(100%)(a new subsidiary) Entergy Power Ventures LP (DE)(1%)(an EWG) Entergy Power Ventures Corp. II (DE)(100%)(a new subsidiary) Entergy Power Ventures LP (DE)(99%)(an) Entergy Power, Inc. (DE) (100%) (an authorized subsidiary) Entergy Holdings, Inc. (DE)(100%) (an energy-related company) Entergy Business Solutions LLC (DE)(100%)(an energy-related company) Entergy Thermal LLC (DE)(100%)(an energy-related company) Entergy Thermal-UNO LLC (100%)(DE)(an energy-related company) Entergy Nuclear Finance Holding, Inc. (100%)(DE)(a new subsidiary) Entergy Nuclear Finance, Inc. (100%)(DE)(a new subsidiary) Entergy Nuclear, Inc. (DE)(100%) (an O&M subsidiary) TLG Services, Inc. (CT)(100%)(an energy-related company) Entergy Nuclear Potomac Company (DE)(100%)(an O&M subsidiary) Entergy Nuclear PFS, Inc. (DE)(100%)(an energy-related company) Private Fuel Storage LLC (DE)(9.9%) (an energy-related company) Entergy Nuclear Holding Company #1 (DE)(75%) (an EWG) Entergy Nuclear Generation Corporation (DE)(100%) (an EWG) Entergy Nuclear New York Investment Company I (DE)(100%) (an EWG) Entergy Nuclear Indian Point 3 LLC (DE)(50%)(an EWG) Entergy Nuclear FitzPatrick LLC (DE)(50%)(an EWG) Entergy Nuclear New York Investment Company II (DE)(100%)(an EWG) Entergy Nuclear Indian Point 3 LLC (DE)(50%)(an EWG) Entergy Nuclear FitzPatrick LLC (DE)(50%)(an EWG) Entergy Nuclear Holding Company #2 (100%)(DE)(a new subsidiary) Entergy Nuclear Operations, Inc. (100%)(DE)(an O&M subsidiary) Entergy Nuclear Fuels Company (100%)(DE)(an O&M subsidiary) Entergy Nuclear Holding Company (DE)(100%)(a new subsidiary) Entergy Nuclear Holding Company #3 (DE)(100%)(a new subsidiary) Entergy Nuclear New York Investment Company III (DE) (100%)(a new subsidiary) Entergy Indian Point Peaking Facility, LLC (DE) (100%)(a new subsidiary) Entergy Nuclear Indian Point 2 LLC (DE)(100%)(an EWG) EXHIBIT 1 page 3 of 6 Entergy Nuclear Vermont Investment Company (100%)(DE)(a new subsidiary) Entergy Nuclear Vermont Yankee, LLC (100%)(DE)(an EWG) Entergy Technology Holding Company (DE)(100%) (ETC) Entergy Technology Company (DE)(100%) (ETC) Entergy International Holdings Ltd., LLC (DE) (100%) (a new subsidiary) Entergy Global Investments, Inc. (100%)(AR)(a new subsidiary) Entergy Nuclear Holding Company #1 (DE)(25%) (an EWG) Entergy Power Development Corporation (DE) (15%)(FUCO) Entergy Power Generation Corp. (DE)(100% Class B non- voting common stock)(EWG) Entergy Marketing Corporation (DE)(100%)(a new subsidiary) EWO Marketing Holding, LLC (DE)(80%)(a new subsidiary) EWO GP LLC (DE)(100%)(an energy-related company) EWO Marketing, LP (DE)(1%)(an energy-related company) EWO Marketing, LP (DE)(99%)(an energy-related company) Entergy Power International Holdings Corporation (DE)(97%)(a new subsidiary) EK Holding I LLC (DE)(100%)(a new subsidiary) Entergy-Koch LP (DE)(48.5%)(a new subsidiary) GS Pipeline Company, LLC (DE)(100%)(a new subsidiary) Gulf South Pipeline Company, LP (DE)(1%)(an authorized subsidiary) Gulf Pines Pipeline Company, LP (DE)(1%)(a new subsidiary) GS Pipeline Company LP (DE)(1%)(a new subsidiary) Gulf South Pipeline Company LP (DE)(99%)(an authorized subsidiary) Gulf Pines Pipeline Company LP (DE)(99%)(a new subsidiary) GS Pipeline Company LP (DE)(99%)(a new subsidiary) Entergy-Koch Trading LP (DE)(99%)(an energy-related company) TradeSpark LLC (DE)(5.53% limited partner interest)(an energy-related company) EKT LLC (DE)(100%)(a new subsidiary) Entergy-Koch Trading LP (DE)(1%)(an energy-related company) EGT Holding LTD. (Cayman)(100%)(FUCO) Entergy-Koch Trading, Ltd. (UK)(100%) EXHIBIT 1 page 4 of 6 Entergy-Koch Trading Europe, Ltd. (UK)(100%) Entergy-Koch Trading GmbH (Germany)(100%) EWO Wind II, LLC (DE)(100%)(a new subsidiary) EWO Wind, LLC (DE)(100%)(a new subsidiary) Northern Iowa Windpower, LLC (DE) (99%) (EWG) EK Holding II LLC (DE)(100%)(a new subsidiary) Entergy-Koch LP (DE)(1%)(a new subsidiary) EK Holding III LLC (DE)(100%)(a new subsidiary) EKLP LLC (DE)(50%)(a new subsidiary) Entergy-Koch LP (DE)(1%)(a new subsidiary) Entergy International Ltd., LLC (DE)(100%)(a new subsidiary) Entergy International Investments No. 2 Ltd LLC (DE) (100%)(a new subsidiary) Entergy UK Holdings, Ltd. (UK)(100%) Entergy UK Ltd. (UK)(100%) Entergy UK Enterprises Ltd. (DE)(100%) (a new subsidiary) EWO Holdings LLC (5.85%)(DE)(a new subsidiary) Entergy US DB IV LLC (DE)(100%) Entergy Victoria, Inc. (DE)(100%) Entergy Australia DB I Pty Ltd (AUS)(>1%)(a new subsidiary) Entergy Australia DB I Pty Ltd. (Aus)(<99%) Entergy Australia DB IA Pty LTD. (Aus)(100%)(a new subsidiary) Entergy US DB I LLC (DE)(100%) Entergy Australia DB I Pty Ltd. (Aus)(>1%)(a new subsidiary) Entergy Global Power Operations Corporation (DE)(100%)(an O&M subsidiary) Entergy Power Operations U.S., Inc. (DE)(100%)(an O&M subsidiary) EN Services I Corporation (DE)(100%)(a new subsidiary) EN Services LP (TX)(99% LP)(an O&M subsidiary) EN Services II Corporation (DE)(100%)(a new subsidiary) EN Services LP (TX)(1% GP)(an O&M subsidiary) Entergy Power Operations Corporation (DE)(100%)(FUCO) Entergy Power Operations Damhead Creek Limited Partnership (UK)(99%)(FUCO) Entergy Power Operations Damhead Creek Corporation (DE)(98%)(FUCO) Entergy Power Operations Damhead Creek Limited Partnership (UK)(1%)(FUCO) Entergy Power Operations Holdings Ltd. (Cayman) (100%)(FUCO) Entergy Power Operations UK Limited (UK)(100%)(FUCO) EXHIBIT 1 page 5 of 6 Entergy Global Trading Holdings, Ltd. (Cayman) (100%)(a new subsidiary) Entergy Power International Holdings Corporation (DE)(3%)(a new subsidiary) Entergy Power Development Corporation (DE) (85%) (FUCO) Entergy Power Damhead Creek Holding II, Ltd. (Cayman) (15.92%) (FUCO) Entergy Power Hull Holding, Ltd. (formerly Entergy Power Saltend Holding, Ltd.) (Cayman) (100%)(a new subsidiary) Entergy Power Damhead Creek Holding II, Ltd. (Cayman) (83%) (FUCO) Entergy Power Damhead Creek Holding I, Ltd. (Cayman) (100%) (FUCO) Entergy Power Damhead Creek Holding II, Ltd. (Cayman) (27%) (FUCO) Entergy Power Hull, Ltd. (formerly Entergy Power Saltend, Ltd.) (Cayman) (100%)(a new subsidiary) Entergy Power Europe Holding, Ltd. (Cayman) (100%)(FUCO) Entergy Power Damhead Creek Holding II, Ltd. (Cayman) (1 share) (FUCO) Entergy Power Properties (Kingsnorth) Limited (UK)(100%) Entergy Power Damhead Creek Holding III, Ltd. (Cayman) (100%) (FUCO) Damhead Creek Holding, Ltd. (United Kingdom) (100%) (FUCO) Damhead Creek, Ltd. (United Kingdom) (100%)(FUCO) Damhead Creek Finance, Ltd. (Cayman)(100%) (FUCO) Entergy Power Operations Damhead Creek Corporation (DE)(1%)(FUCO) Entergy Power Investment Holdings Corporation (DE) (100%)(FUCO) Entergy Power Damhead FinCo LLC (DE) (1%)(FUCO) Entergy Power Damhead FinCo LLC (DE) (99%)(FUCO) Entergy Power Damhead FinCo 1 (Cayman) (100%)(FUCO) Damhead Finance LDC (Cayman)(1%)(FUCO) Damhead Finance (Netherlands Antilles) N.V. (99%)(FUCO) Damhead Finance (Netherlands) B.V. (99%)(FUCO) Damhead Finance (Netherlands Antilles) N.V. (1%)(FUCO) Damhead Finance (Netherlands) B.V. (1%)(FUCO) Entergy Power Damhead FinCo 2 (Cayman) (100%)(FUCO) Damhead Finance LDC (Cayman) (99%)(FUCO) Damhead Finance (Netherlands Antilles) N.V. (99%)(FUCO) Damhead Finance (Netherlands) B.V. (99%)(FUCO) Entergy Power Operations Damhead Creek Corporation (DE)(1%)(FUCO) EXHIBIT 1 page 6 of 6 Entergy Power Netherlands Company, B.V.(Dutch)(100%)(a new subsidiary) Sabinas Power Company B.V.(Dutch)(100%)(FUCO) Maritza East 3 Operating Company AD (Bulgaria) (1%)(FUCO) Entergy Power Projects Italia S.R.L (Italy)(99%)(a new subsidiary) Entergy Power Projects Italia S.R.L (Italy)(1%)(a new subsidiary) Entergy Power Development Espana S.L (Spain)(100%)(a new subsidiary) EWO Holdings LLC (DE)(34.28%)(a new subsidiary) Entergy Power BJE Holding Ltd. (Cayman)(100%) Bom Jardim Energetica LTDA (Brazil)(99.99%) Entergy do Brasil LTDA (Brazil)(99.99%) Entergy Power BJE Ltd. (Cayman)(100%) Bom Jardim Energetica LTDA (Brazil)(.01%) Entergy do Brasil LTDA (Brazil)(.01%) EP Edegel, Inc. (DE) (100%)(a new subsidiary) EWO Holdings LLC (DE)(11.9744%)(a new subsidiary) Maritza East III Power Company AD (Bulgaria)(51%)(FUCO) Entergy Power Holdings Maritza BV (Netherlands)(100%)(FUCO) Maritza East 3 Operating Company AD (Bulgaria)(99%)(FUCO) Entergy Mississippi Turbine Company (formerly Entergy Nuclear New Hampshire Investment Company) (DE)(100%)(a new subsidiary) Entergy Power Holdings USA Corporation (DE)(100%)(an energy related company) Entergy Power RS Corporation (DE)(100%)(an energy related company) RS Cogen, LLC (LA)(50%) (a qualifying co-generation facility under PURPA) Entergy Power E&C Corporation (100%)(a new subsidiary) Entergy Power E&C Holdings, LLC (100%)(a new subsidiary) EntergyShaw LLC (50%)(an O&M subsidiary) EWO Marketing Holding LLC (DE)(20%)(a new subsidiary) EX-99 4 a21902fs.txt Exhibit 2- page 1 of 2 ENTERGY CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET ASSETS September 30, 2002 (Unaudited) CURRENT ASSETS Cash and cash equivalents: Cash $205,184 Temporary cash investments - at cost, which approximates market 743,344 Special deposits 318 ----------- Total cash and cash equivalents 948,846 ----------- Other temporary investments - Notes receivable 2,077 Accounts receivable: Customer 439,856 Allowance for doubtful accounts (22,036) Other 286,052 Accrued unbilled revenues 365,157 ----------- Total receivables 1,069,029 ----------- Deferred fuel costs 131,708 Accumulated deferred income taxes 22,936 Fuel inventory - at average cost 97,690 Materials and supplies - at average cost 514,688 Deferred nuclear refueling outage costs 68,732 Prepayments and other 94,724 ----------- TOTAL 2,950,430 ----------- OTHER PROPERTY AND INVESTMENTS Investment in affiliates - at equity 756,682 Decommissioning trust funds 2,032,368 Non-utility property - at cost (less accumulated depreciation) 293,773 Other 295,765 ----------- TOTAL 3,378,588 ----------- PROPERTY, PLANT AND EQUIPMENT Electric 26,951,520 Property under capital lease 745,063 Natural gas 209,808 Construction work in progress 1,275,323 Nuclear fuel under capital lease 291,720 Nuclear fuel 258,224 ----------- TOTAL PROPERTY, PLANT AND EQUIPMENT 29,731,658 Less - accumulated depreciation and amortization 12,275,323 ----------- PROPERTY, PLANT AND EQUIPMENT - NET 17,456,335 ----------- DEFERRED DEBITS AND OTHER ASSETS Regulatory assets: SFAS 109 regulatory asset - net 920,352 Unamortized loss on reacquired debt 157,578 Other regulatory assets 526,709 Long-term receivables 25,588 Goodwill 377,172 Other 984,241 ----------- TOTAL 2,991,640 ----------- TOTAL ASSETS $26,776,993 =========== ENTERGY CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET LIABILITIES AND SHAREHOLDERS' EQUITY September 30, 2002 (Unaudited) CURRENT LIABILITIES Currently maturing long-term debt $966,744 Notes payable 15,351 Accounts payable 662,261 Customer deposits 196,583 Taxes accrued 797,321 Nuclear refueling outage costs 11,199 Interest accrued 197,690 Obligations under capital leases 150,731 Other 183,974 ----------- TOTAL 3,181,854 ----------- DEFERRED CREDITS AND OTHER LIABILITIES Accumulated deferred income taxes 3,410,943 Accumulated deferred investment tax credits 453,712 Taxes accrued 650,000 Obligations under capital leases 196,572 Other regulatory liabilities 172,203 Decommissioning 1,544,090 Transition to competition 79,098 Regulatory reserves 48,357 Accumulated provisions 418,959 Other 988,403 ----------- TOTAL 7,962,337 ----------- Long-term debt 7,239,139 Preferred stock with sinking fund 24,327 Preferred stock without sinking fund 334,337 Company-obligated mandatorily redeemable preferred securities of subsidiary trusts holding solely junior subordinated deferrable debentures 215,000 SHAREHOLDERS' EQUITY Common stock, $.01 par value, authorized 500,000,000 shares; issued 248,174,087 shares in 2002 2,482 Paid-in capital 4,666,953 Retained earnings 3,941,240 Accumulated other comprehensive loss (45,156) Less - treasury stock, at cost (25,910,490 shares in 2002) 745,520 ----------- TOTAL 7,819,999 ----------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $26,776,993 =========== Exhibit 2 - page 2 of 2 ENTERGY CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME For the Nine Months Ended September 30, 2002 (Unaudited) OPERATING REVENUES Domestic electric $5,125,722 Natural gas 90,313 Competitive businesses 1,210,254 ---------- TOTAL 6,426,289 ---------- OPERATING EXPENSES Operation and Maintenance: Fuel, fuel-related expenses, and gas purchased for resale 1,612,490 Purchased power 625,476 Nuclear refueling outage expenses 74,057 Provision for turbine commitments, asset impairments and restructuring charges 391,557 Other operation and maintenance 1,816,131 Decommissioning 24,589 Taxes other than income taxes 291,753 Depreciation and amortization 625,407 Other regulatory charges (credits) - net (149,340) ---------- TOTAL 5,312,120 ---------- OPERATING INCOME 1,114,169 ---------- OTHER INCOME Allowance for equity funds used during construction 23,730 Gain on sale of assets - net 2,379 Interest and dividend income 71,924 Equity in earnings of unconsolidated equity affiliates 142,964 Miscellaneous - net (3,346) ---------- TOTAL 237,651 ---------- INTEREST AND OTHER CHARGES Interest on long-term debt 376,825 Other interest - net 86,630 Distributions on preferred securities of subsidiary 14,128 Allowance for borrowed funds used during construction (18,478) ---------- TOTAL 459,105 ---------- INCOME BEFORE INCOME TAXES 892,715 Income taxes 351,314 ---------- CONSOLIDATED NET INCOME 541,401 Preferred dividend requirements and other 17,796 ---------- EARNINGS APPLICABLE TO COMMON STOCK $523,605 ========== -----END PRIVACY-ENHANCED MESSAGE-----