-----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, NVQvz4V+a8BfRpkkDPAViktWXZrey/rWCzs0CccG4YBOcl0G2IZjh3QhX+L4YrwB knsuXRIUW3UQKnzx0dgukg== 0000072741-01-000056.txt : 20010321 0000072741-01-000056.hdr.sgml : 20010321 ACCESSION NUMBER: 0000072741-01-000056 CONFORMED SUBMISSION TYPE: POS AMC PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHEAST UTILITIES SYSTEM CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS AMC SEC ACT: SEC FILE NUMBER: 070-09697 FILM NUMBER: 1572557 BUSINESS ADDRESS: STREET 1: 174 BRUSH HILL AVE CITY: WEST SPRINGFIELD STATE: MA ZIP: 01090-0010 BUSINESS PHONE: 4137855871 MAIL ADDRESS: STREET 1: 107 SELDON ST CITY: BERLIN STATE: CT ZIP: 06037-1616 POS AMC 1 0001.txt POST-EFFECTIVE AMENDMENT TO FORM U-1 FILE NO. 70-9697 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 POST-EFFECTIVE AMENDMENT NO. 3 (FORM POS AMC) TO FORM U-1 APPLICATION/DECLARATION UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 WITH RESPECT TO THE ISSUANCE OF RATE REDUCTION BONDS AND RELATED TRANSACTIONS The Connecticut Light Western Massachusetts Electric Company and Power Company 174 Brush Hill Avenue 107 Selden Street West Springfield, MA 01090 Berlin, CT 06037 Public Service Company of New Hampshire 1000 Elm Street Manchester, NH 03101 (Names of companies filing this statement and addresses of principal executive offices) NORTHEAST UTILITIES (Name of top registered holding company) Cheryl W. Grise' Senior Vice President, Secretary and General Counsel Northeast Utilities Service Company 107 Selden Street Berlin, CT 06037 (Name and address of agent for service) The Commission is requested to mail signed copies of all orders, notices and communications to: Jeffrey C. Miller, Esq. Randy A. Shoop Assistant General Counsel Assistant Treasurer - Finance Northeast Utilities Service Company Northeast Utilities Service Company P.O. Box 270 P.O. Box 270 Hartford, CT 06141-0270 Hartford, CT 06141-0270 Richard J. Wasserman, Esq. Day, Berry & Howard LLP CityPlace I Hartford, CT 06103-3499 The Application-Declaration in this File No. 70-9697 as heretofore amended is hereby further amended by filing the following exhibit and amending Item 6(b) accordingly: ITEM 6 Exhibits K. Common Equity Ratios SIGNATURES Pursuant to the requirements of the Public Utility Holding Company Act of 1935, as amended, the undersigned companies have duly caused this statement to be signed on their behalf by the undersigned thereunto duly authorized. By: /S/Cheryl W. Grise Name: Cheryl W. Grise Title: Senior Vice President, Secretary and General Counsel- Northeast Utilities Service Company, as Agent for the above named companies. Date: March 19, 2001 EX-99 2 0002.txt CAPITALIZATION RATES - NU CONSOLIDATED SEC 30% Test Capitalization Rates - NU Consolidated As of September 30, 2000 Exhibit K Per Book Pro Forma Capitalization: Common stock: 743,480 596,421 Capital surplus, paid in 1,094,996 741,275 Deferred contribution plan - employee stock ownership plan (118,554) (118,554) Retained earnings 691,164 639,348 Accumulated other comprehensive income 2,699 2,699 Total Common Stockholder's Equity 2,413,785 1,861,189 Preferred stock not subject to mandatory redemption 136,200 116,200 Preferred stock subject to mandatory redemption 41,500 - Debt MIPS 100,000 - Short-Term Debt 1,127,338 883,819 Long-Term Debt 2,556,329 1,735,061 Rate Reduction Bond Obligation - 2,230,242 Total Capitalization 6,375,152 6,776,511 Capital Structure With Rate Reduction Bond Obligation:
Per Book Pro Forma Difference Total Common Stockholder's Equity 37.87% 27.47% -10.40% Total Preferred Stock 2.79% 1.71% - 1.07% Total Debt (includes Rate Reduction Obligation) 59.35% 70.82% 11.47% Totals 100.00% 100.00% 0.00% Capital Structure Without Rate Reduction Bond Obligation: Per Book Pro Forma Difference Total Common Stockholder's Equity 37.86% 40.94% 3.08% Total Preferred Stock 2.79% 2.56% -0.23% Total Debt (excludes Rate Reduction Bond Obligation) 59.35% 56.51% -2.84% Totals 100.00% 100.00% 0.00%
SEC 30% Test Capitalization Ratios - CL&P As of September 30, 2000 Per Book Pro Forma Capitalization: Common stock 75,849 75,849 Capital surplus, paid in 412,993 312,993 Retained earnings 208,816 247,510 Accumulated other comprehensive income 802 802 Total Common Stockholder's Equity 698,460 637,154 Preferred stock not subject to mandatory redemption 116,200 116,200 Debt MIPS 100,000 - Short-Term Debt 110,000 - Long-term debt 1,229,615 813,615 Rate Reduction Bond Obligation 1,550,242 Total Capitalization 2,254,275 3,117,211 Capital Structure With Rate Reduction Bond Obligation:
Per Book Pro Forma Difference Total Common Stockholder's Equity 31% 20% -11% Total Preferred Stock 5% 4% -1% Total Debt (includes Rate Reduction Bond Obligation) 64% 76% 12% Totals 100% 100% 0% Capital Structure Without Rate Reduction Bond Obligation: Per Book Pro Forma Difference Total Common Stockholder's Equity 31% 41% 10% Total Preferred Stock 5% 7% 2% Total Debt (excludes Rate Reduction Bond Obligation) 64% 52% -12% Totals 100% 100% 0%
SEC 30% Test Capitalization Ratios - WMECO As of September 30, 2000 Per Book Pro Forma Capitalization: Common stock 14,752 14,752 Capital surplus, paid in 93,945 72,165 Retained earnings 52,223 61,386 Accumulated other comprehensive income 267 267 Total Common Stockholder's Equity 161,187 148,570 Preferred stock not subject to mandatory redemption 20,000 - Preferred stock subject to mandatory redemption 16,500 1,500 Debt Short-Term Debt 126,600 122,348 Long-term debt 198,699 98,699 Rate Reduction Bond Obligation 155,000 Total Capitalization 522,986 526,117 Capital Structure With Rate Reduction Bond Obligation: Per Book Pro Forma Difference Total Common Stockholder's Equity 31% 28% -3% Total Preferred Stock 7% 0% -7% Total Debt (includes Rate Reduction Bond Obligation) 62% 71% 9% Totals 100% 100% 0% Capital Structure Without Rate Reduction Bond Obligation: Per Book Pro Forma Difference Total Common Stockholder's Equity 31% 40% 9% Total Preferred Stock 7% 0% -7% Total Debt (excludes Rate Reduction Bond Obligation) 62% 60% -3% Totals 100% 100% 0% -----END PRIVACY-ENHANCED MESSAGE-----