-----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, FSrdUEObGCXndC4Yh7UxPNSMJ8f3jesRi4AFmAajzlI5xgXhTjy1Eilt4u+JmHj5 oI4hOoAf7bdXZ2jHodQEaQ== 0000070145-98-000055.txt : 19980519 0000070145-98-000055.hdr.sgml : 19980519 ACCESSION NUMBER: 0000070145-98-000055 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19980518 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL FUEL GAS CO CENTRAL INDEX KEY: 0000070145 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 131086010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-07833 FILM NUMBER: 98626812 BUSINESS ADDRESS: STREET 1: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168576980 MAIL ADDRESS: STREET 1: 10 LAFAYETTE SQ STREET 2: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 35-CERT 1 25TH CERT - RULE 24 UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION ____________________________________________ In the Matter of NATIONAL FUEL GAS COMPANY TWENTY-FIFTH NATIONAL FUEL RESOURCES, INC. CERTIFICATE PURSUANT TO File No. 70-7833 RULE 24 (Public Utility Holding Company Act of 1935) ____________________________________________ In accordance with the terms of the Order dated December 20, 1991 issued to National Fuel Gas Company ("National") authorizing National to acquire the common stock of National Fuel Resources, Inc. ("NFR") (File No. 70-7833, HCAR No. 35-25437), attached as Exhibit "A" is an Income Statement of NFR for the Six and Twelve Months ended March 31, 1998. Also attached as Exhibit "B" is the Balance sheet of NFR as of March 31, 1998. IN WITNESS WHEREOF, the undersigned companies have duly caused this Certificate to be signed this 15th day of May, 1998. NATIONAL FUEL RESOURCES, INC. By:/s/ R. J. Kreppel --------------------------------- R. J. Kreppel, President NATIONAL FUEL GAS COMPANY By:/s/ Gerald T. Wehrlin --------------------------------- Gerald T. Wehrlin, Controller EX-99 2 NATIONAL FUEL RESOURCES, INC. Exhibit A INCOME STATEMENT Six Twelve Months Ended Months Ended March 31, 1998 March 31, 1998 -------------- -------------- Actual Actual -------------- -------------- Operating Revenues: Gas - Retail $29,183,900 $43,728,600 Gas - Wholesale 21,277,443 28,242,737 Electric 46,162 46,162 Transportation 412,510 3,345,359 Other 1,376,716 1,345,653 ----------- ----------- 52,296,731 76,708,511 ----------- ----------- Operating Expenses: Purchase Gas 50,240,900 72,444,759 General & Administrative 1,461,411 2,715,524 Amortization 39,025 45,516 Franchise & Other Taxes 164,421 288,583 ----------- ----------- 51,905,757 75,494,382 ----------- ----------- Operating Income 390,974 1,214,129 ----------- ----------- Interest Income 236,561 522,450 Miscellaneous Income 57,251 99,250 Interest Expense 30,562 48,270 ----------- ----------- 263,250 573,430 ----------- ----------- Net Income (Loss) Before Taxes 654,224 1,787,559 ----------- ----------- Income Taxes: Federal 177,601 547,445 State 19,279 122,797 Deferred 48,318 (12,838) ----------- ----------- 245,198 657,404 ----------- ----------- Net Income $ 409,026 $ 1,130,155 =========== =========== EX-99 3 NATIONAL FUEL RESOURCES, INC. Exhibit B BALANCE SHEET AT MARCH 31, --------------------------- 1998 1997 ----------- ----------- ASSETS Current Assets: Cash $ 602,927 $ 1,626,883 Short Term Investments 5,756,427 4,845,020 Accounts Receivable 9,134,364 9,284,244 Accounts Receivable-Interco 9,639 7,193 Reserve for Bad Debts (533,862) (540,952) Other Current Assets 544,935 1,007,278 ----------- ----------- 15,514,430 16,229,666 ----------- ----------- Property, Plant, and Equipment Furniture and Fixtures 382,217 68,582 Less - Accumulated DD&A (80,397) (34,881) ----------- ----------- 301,820 33,701 ----------- ----------- Other Assets: Long Term Investments 791,391 1,255,978 Other Deferred Debits 354,503 132,251 ----------- ----------- 1,145,894 1,388,229 ----------- ----------- $16,962,144 $17,651,596 =========== =========== LIABILITIES Current Liabilities: Accounts Payable $ 3,698,192 $ 6,208,499 Accrued Liabilities (30,480) (62,169) Current Income Taxes-Federal (869,875) (508,781) Other Taxes 655,110 685,210 Accounts Payable-Intercompany 1,094,595 1,318,869 Dividends Payable 35,000 35,000 Intercompany Borrowing - - ------------ ----------- 4,582,542 7,676,628 ------------ ----------- Long Term Liabilities: Deferred Income Taxes (684,689) (661,850) Miscellaneous Deferred Credits 2,063,125 589,122 ------------ ----------- 1,378,436 (72,728) ------------ ----------- Stockholder's Equity: Common Stock 10,000 10,000 Capital Paid in Excess of Par 3,490,000 3,490,000 Retained Earnings 7,886,166 6,792,696 Retained Earnings - Dividends (385,000) (245,000) ------------ ----------- Total Equity 11,001,166 10,047,696 ------------ ----------- $16,962,144 $17,651,596 =========== =========== -----END PRIVACY-ENHANCED MESSAGE-----