-----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, NtINj7FLtHPVa1tkP7aivXnom/tBwWwvvtCrk1twucSrgGVS2VOkl8F+LdguByIn q+T6kMmaevc6swZETMV6FA== 0000070145-04-000024.txt : 20040217 0000070145-04-000024.hdr.sgml : 20040216 20040217095457 ACCESSION NUMBER: 0000070145-04-000024 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20040217 EFFECTIVENESS DATE: 20040217 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: 1935 Act SEC FILE NUMBER: 070-07833 FILM NUMBER: 04603908 BUSINESS ADDRESS: STREET 1: 6363 MAIN STREET CITY: WILLIAMSVILLE STATE: NY ZIP: 14221-5887 BUSINESS PHONE: 716-857-7000 MAIL ADDRESS: STREET 1: 6363 MAIN STREET STREET 2: 6363 MAIN STREET CITY: WILLIAMSVILLE STATE: NY ZIP: 14221-5887 35-CERT 1 fortyeighth.htm 48TH CERT. PUR. TO RULE 24 Forty-Eighth Rule 24

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
______________________________________________________________

In the Matter of

NATIONAL FUEL GAS COMPANY
NATIONAL FUEL RESOURCES, INC.

FORTY-EIGHTH
CERTIFICATE
 PURSUANT TO
   RULE 24

File No. 70-7833

(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 Three and Twelve Months ended December 31, 2003. Also attached as Exhibit “B” is the Balance sheet of NFR as of December 31, 2003.

        IN WITNESS WHEREOF, the undersigned companies have duly caused this Certificate to be signed this 13th day of February 2004.

NATIONAL FUEL RESOURCES, INC.



By: /s/ Donna L. DeCarolis
      _________________________________
      Donna L. DeCarolis, Vice President




NATIONAL FUEL GAS COMPANY



By: /s/ James R. Peterson
      _________________________________
      James R. Peterson, Assistant Secretary
EX-99 3 fortyeighth-income.htm INCOME STATEMENT 1203 Income Statement 1203

Exhibit A

NATIONAL FUEL RESOURCES, INC.
INCOME STATEMENT


Three
Months Ended
December 31, 2003
 Twelve
Months Ended
December 31, 2003
Actual
 Actual
Operating Revenues     $ 56,952,753   $ 318,936,197  
Operating Expenses:  
Purchased Gas    54,846,666    308,823,286  
Purchased Electric    --    (3,328 )
Operation    753,321    2,826,157  
Depreciation, Depletion  
   & Amortization    28,648    120,966  
Franchise & Other Taxes    105,461    59,145  
     55,734,096    311,826,226  
Operating Income    1,218,657    7,109,971  
Interest Income    160,074    885,740  
Interest Expense    6,096    31,256  
Net Income Before Taxes    1,372,635    7,964,455  
Income Taxes:  
Federal    449,001    3,064,896  
State    109,833    82,875  
Deferred    8,220    (271,144 )
     567,054    2,876,627  
Net Income   $ 805,581   $ 5,087,828  
EX-99 4 fortyeighth-balance.htm BALANCE SHEET 1203 exhbit b - balance sheet

Exhibit B

NATIONAL FUEL RESOURCES, INC.
BALANCE SHEET

AT DECEMBER 31,
2003
 2002
ASSETS            
Current Assets:  
  Cash and Temporary  
    Cash Investments   $ (754,407 ) $ (1,167,875 )
  Accounts Receivable - Net    13,540,363    13,411,149  
  Accounts Receivable - Interco    1,847,600    691,176  
  Notes Receivable - Intercompany    23,700,000    27,000,000  
  Reserve for Bad Debts    (1,696,704 )  (1,992,093 )
  Gas Stored Underground    22,215,000    13,208,938  
  Other Current Assets    179,748    382,157  
     59,031,600    51,533,452  
Property, Plant, and Equipment  
  Furniture and Fixtures    1,160,489    1,004,713  
Less - Accumulated DD&A    (1,016,531 )  (895,565 )
     143,958    109,148  
Fair Market Value of Derivative  
Financial Instruments-Asset    3,897,430    2,745,769  
Other Assets    232,968    73,329  
    $ 63,305,956   $ 54,461,698  
LIABILITIES  
Current Liabilities:  
  Accounts Payable   $ 7,929,926   $ 4,895,380  
  Accrued Liabilities    9,860,695    2,844,529  
  Current Income Taxes - Federal    1,531,915    467,019  
  Accounts Payable - Intercompany    652,331    71,590  
  Notes Payable - Intercompany    --    --  
  Dividend Payable    200,000    100,000  
     20,174,867    8,378,518  
Long Term Liabilities:  
Deferred Income Taxes    (2,740,527 )  (3,236,365 )
Fair Market Value of Derivative  
Financial Instruments-Liability    --    --  
Miscellaneous Deferred Credits    1,755,937    10,643,905  
     (984,590 )  7,407,540  
Stockholder's Equity:  
  Common Stock    10,000    10,000  
  Capital Paid in Excess of Par    33,490,000    33,490,000  
  Retained Earnings    11,717,028    7,429,198  
  Unrealized Gain/Loss    (1,101,349 )  (2,253,558 )
Total Equity    44,115,679    38,675,640  
    $ 63,305,956   $ 54,461,698  
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