-----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, CpZy5UrM8uyVcEVJ0nB4aT/pYVcatzOJqRRvIaTZnFX8CzaZRnDG8qg4nUPTr/1q liTQogJPCF9jdSp/mV1H3Q== 0000070145-95-000019.txt : 19950515 0000070145-95-000019.hdr.sgml : 19950515 ACCESSION NUMBER: 0000070145-95-000019 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19950210 SROS: NONE 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: 070-07367 FILM NUMBER: 95508900 BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLZ CITY: NEW YORK STATE: NY ZIP: 10112 BUSINESS PHONE: 2125417533 35-CERT 1 6TH RULE 24 - UCI PAGE 1 OF 2 UNITED STATES OF AMERICA BEFORE THE SECURITIES AND EXCHANGE COMMISSION ____________________________________________ In the Matter of SIXTH NATIONAL FUEL GAS COMPANY CERTIFICATE UTILITY CONSTRUCTORS, INC. PURSUANT TO RULE 24 File No. 70-7367 (Public Utility Holding Company Act of 1935) ____________________________________________ In accordance with the Order of the Securities and Exchange Commission ("Commission") in this File 70-7367 dated December 6, 1994 (HCAR No. 26181) Utility Constructors, Inc. ("UCI") hereby files, as Exhibit "A", its balance sheet as of September 30, 1994 and, as Exhibit "B" its income statement for the twelve months ended September 30, 1994. During its 1994 fiscal year, (twelve months ended September 30, 1994) UCI continued its pipeline construction and auxiliary construction and maintenance services for associate and non-associate companies. During the fiscal year, UCI undertook approximately 32 projects. Twelve projects were undertaken for associate companies in New York and Pennsylvania. Five projects each were done for National Fuel Gas Supply Corporation ("Supply") (transmission pipeline and storage pipeline and metering work) and National Fuel Gas Distribution Corporation (residential service installations and pipeline work). Two projects were undertaken for Seneca Resources Corporation (well lines and well services). PAGE 2 OF 2 - 2 - The remaining projects were undertaken for non-associate companies. Twelve projects were undertaken for upstream pipeline suppliers, Tennessee Gas Pipeline, CNG Transmission Corp., and Columbia Gas Transmission Corp. The work for these companies was in New York, Pennsylvania and West Virginia and ranged from cathodic protection of existing pipelines to the installation of nine miles of 30-inch diameter pipeline. The remaining eight projects were divided among: a producer that supplied gas to the National Fuel system, another New York local distribution company that has been a customer of Supply, a Pennsylvania municipal utility authority, the Pennsylvania Department of Environmental Resources and two private parties. Because of the relatively low wellhead prices of natural gas and limited drilling activity in the Appalachian Basin, UCI sold its drilling rig during the first quarter of the fiscal year. UCI will still be active in the well maintenance areas with its service rigs. IN WITNESS WHEREOF, the undersigned companies have duly caused this certificate to be signed this 10th day of February, 1995. UTILITY CONSTRUCTORS, INC. By_/s/David F. Smith____________ David F. Smith, Secretary \jes\uci\rul24_6.wp EX-99 2 BALANCE SHEET - UCI SIXTH RULE 24 CERTIFICATE SEC FILE NO. 70-7367 EXHIBIT "A" UTILITY CONSTRUCTORS, INC. BALANCE SHEET AT SEPTEMBER 30, 1994 (Unaudited) ASSETS Current Assets: Cash $ 96,785 Accounts Receivable - Contracts 4,264,185 Intercompany 640,298 Miscellaneous - Materials and Supplies - Prepayments 77,026 5,078,294 ---------- Property, Plant and Equipment 9,869,337 Less: Acc. Depr, Depl & Amort 5,360,270 ---------- 4,509,067 ---------- Other Assets: Trade receivable - Long Term 2,310,686 Other 153,377 ---------- 2,464,063 $12,051,424 =========== LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts Payable - Trade $1,376,407 Intercompany 32,452 Note Payable - Intercompany 7,300,000 Income Taxes - Federal (1,076,817) State (136,826) Other Accruals 821,261 ----------- 8,316,477 ---------- Other Liabilities: Accumulated Deferred Income Taxes 207,259 Def. Credits & Long-Term Liabilities 637,763 ----------- 845,022 ---------- Stockholders' Equity: Common Stock, No Par Value Auth, Issued & Outstanding - 1,000 Sh 1,000 Paid-In-Capital 5,958,753 Earnings Reinvested in the Business (3,069,828) ---------- 2,889,925 ---------- $12,051,424 ========== EX-99 3 INCOME STATEMENT - UCI SIXTH RULE 24 CERTIFICATE SEC FILE NO. 70-7367 EXHIBIT "B" UTILITY CONSTRUCTORS, INC. INCOME STATEMENT (Unaudited) TWELVE MONTHS ENDED SEPT. 1994 CONTRACT REVENUES Pipeline $9,708,712 Service Rig 334,412 Other 3,545,386 ---------- TOTAL REVENUES 13,588,510 ---------- COST OF CONTRACT REVENUES 12,884,265 ---------- GROSS PROFIT (LOSS) 704,245 ---------- OPERATING EXPENSES General & Administrative Expense 2,206,807 Rental Expense 47,369 Depreciation Expense 1,330,043 Property & Other Taxes 77,585 Other 129,647 ---------- 3,791,451 ---------- OPERATING INCOME (LOSS) (3,087,206) ---------- OTHER INCOME Interest - Other 434,328 Miscellaneous 193,278 ---------- 627,606 ---------- INTEREST EXPENSE - Other 4,970 - Intercompany 249,302 ---------- NET INCOME (LOSS) BEFORE INCOME TAXES (2,713,872) ---------- INCOME TAXES Federal (605,490) State (31,962) Deferred - Federal 247,622 Deferred - State 173,880 ---------- (711,194) ---------- NET INCOME (LOSS) ($2,002,678) -----END PRIVACY-ENHANCED MESSAGE-----