-----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, SOAp/W1m3AzlxLTHDVv8EvN8oU2Ysxwu85+EgCeS4N/zIRxZ+BsxGx0NnX2zvmzW Iy9axwPW2Zs/mQGVKyGjnw== 0000754737-01-500035.txt : 20020412 0000754737-01-500035.hdr.sgml : 20020412 ACCESSION NUMBER: 0000754737-01-500035 CONFORMED SUBMISSION TYPE: U-9C-3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010930 FILED AS OF DATE: 20011129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCANA CORP CENTRAL INDEX KEY: 0000754737 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 570784499 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-9C-3 SEC ACT: 1935 Act SEC FILE NUMBER: 074-00039 FILM NUMBER: 1801723 BUSINESS ADDRESS: STREET 1: 1426 MAIN ST STREET 2: P O BOX 764 CITY: COLUMBIA STATE: SC ZIP: 29201 BUSINESS PHONE: 8032179000 MAIL ADDRESS: STREET 1: MAIL CODE 051 CITY: COLUMBIA STATE: SC ZIP: 29218 U-9C-3 1 septu9c.txt U-9C-3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM U-9C-3 QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935. For the quarterly period ended September 30, 2001 SCANA Corporation - ------------------------------------------------------------------------------- (Name of registered holding company) 1426 Main Street, Columbia, South Carolina 29201 - ------------------------------------------------------------------------------- (Address of principal executive offices) Table of Contents Item No. Title Page - ---------------------------------------------------------- ------------ 1 Organization Chart 2 2 Issuances and Renewals of Securities and Capital Contributions 3 3 Associate Transactions 3 4 Summary of Aggregate Investment 4 5 Other Investments 5 6 Financial Statements and Exhibits 6
ITEM 1 - ORGANIZATION CHART Name Energy Percentage of or Date State of Voting Reporting Gas - related of of Securities Nature of Company Company Organization Organization Held Business ------- ------- ----------- ------------ ---- -------- SCANA Corporation (a) SCANA Resources, Inc. Energy September 8, 1987 South Carolina 100% Renders energy management services Solo Energy Corporation Energy January 6, 1997 Delaware 23.8%(c) Provides long-term energy service contracts from use of micro turbines South Carolina Electric & Gas Company (b) SC Coaltech No. 1 LP Energy April 7, 2000 Delaware 40% Production and sale of synthetic fuel SCANA Energy Marketing, Inc. Energy June 30, 1987 South Carolina 100% Markets electricity, natural gas and other light hydrocarbons ServiceCare, Inc. Energy September 30, 1994 South Carolina 100% Provides energy-related products and service contracts on home appliances Primesouth, Inc. Energy August 25, 1986 South Carolina 100% Engages in power plant management and maintenance services Public Service Company of North Carolina, Incorporated (b) Clean Energy Enterprises, Inc. Energy December 30, 1994 North Carolina 100% Sells, installs and services compressed natural gas conversion equipment PSNC Blue Ridge Corporation Energy August 31, 1992 North Carolina 100% Renders energy management services SCG Pipeline, Inc. Energy April 10, 2001 South Carolina 100% Transportation of natural gas
(a) The Public Utility Holding Company is not a reporting company, but is included herein because it directly and/or indirectly holds securities in energy-related companies. (b) These SCANA Corporation system companies are not reporting companies, but they are included herein because they hold securities directly in the energy-related companies set forth below their names. (c) Solo Energy Corporation's certificate of incorporation limits SCANA Corporation and its wholly owned subsidiaries to an aggregate power to vote of 18% of total number of votes entitled to be cast on matters not requiring separate voting by the holders of Series B Preferred Stock.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS Principal Issue Person to Collateral Consideration Amount of or Cost of Whom Security Given with for Each Company Issuing Security Type of Security Issued Security Renewal Capital was Issued Security Security ------------------------ ----------------------- -------- ------- ------- ------ -------- -------- SOLO Energy Corporation Bridge loan note bearing $1,500,000 Renewal $1,500,000 SCANA Resources, Inc. None $1,500,000 interest at 10% (1) SCG Pipeline, Inc. Common Stock $1,000 Issue $1,000 SCANA Corporation None $1,000 Company Contributing Capital Company Reng Capital Amount of Capital Contribution - ---------------------------- ------------------------- ------------------------------ South Carolina Electric & Gas Company SC Coaltech No. l LP $1,860,000
(1) This note is convertible, at SCANA Resources, Inc.'s option, to Series D Preferred Stock of Solo Energy Corporation. In addition, a warrant to purchase 1,650,000 shares of Series D Preferred Stock was issued in return for the provision of funds under the bridge loan. ITEM 3 - ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies Reporting Company Associate Company Types of Services Direct Costs Indirect Cost of Total Amount Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed ------------------ ------------------ -------- ------- ------------- ------- ------ SC Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $12,865,350 - - $12,865,350 & Gas Company PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies Associate Company Reporting Company Type of Services Direct Costs Indirect Cost of Total Amount Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed - ------------------ ------------------ -------- ------- ------------- ------- ------ South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $13,244,172 - - $13,244,172 South Carolina Electric & Gas Company SC Coaltech No.1 LP Fuel Handling $540,808 - - $540,808 South Carolina Electric & Gas Company SC Coaltech No. 1 LP Trucking Service $154,469 - - $154,469 South Carolina Pipeline Corporation SCG Pipeline, Inc. Preliminary Survey and Investigation $1,208,953 - - $1,208,953
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT (Dollars in Thousands) Investments in energy-related companies: Total consolidated capitalization as of September 30, 2001 $5,781,209 (A) Line 1 Total capitalization multiplied by 15% (line1 multiplied by 0.15) 867,181 Line 2 Greater of $50 million or line 2 $867,181 Line 3 Total current aggregate investment: (categorized by major line of energy-related business) Energy-related business category 1 - Energy-related business category 2 - Energy-related business category 3 - Energy-related business category 4 (B) $7,767 Energy-related business category 5 - Energy-related business category 6 (C) 10,546 Energy-related business category 7 - Energy-related business category 8 - Energy-related business category 9 (D) 1 Energy-related business category 10 - Total current aggregate investment $18,314 -------- Line 4 Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system (line 3 less line 4) $848,867 Line 5
Investments in gas-related companies: Total current aggregate investment: (categorized by major line of gas-related business) Gas-related business category 1 - Gas-related business category 2 - Total current aggregate investment - ----------- (A) Includes common equity, preferred stock and mandatorily redeemable preferred securities, long-term debt and current maturities and short-term borrowings. (B) Consists of investment in Solo Energy Corporation. (C) Consists of investment in SC Coaltech No. l LP. (D) Consists of investment in SCG Pipeline, Inc.
ITEM 5 - OTHER INVESTMENTS (Dollars in Thousands) Major line of energy- Other investment in Other investment in Reason for difference related business last U-9C-3 report this U-9C-3 report in Other Investment ---------------- ------------------ ------------------ ------------------- Energy-related business category 1 SCANA Resources, Inc. ($3,019) ($3,019) n/a PSNC Blue Ridge Corporation $2,514 $2,174 Other comprehensive loss from derivatives Energy-related business category 3 Clean Energy Enterprises, Inc. $7,047 $7,048 Reduction in advances from parent Energy-related business category 4 ServiceCare, Inc. ($9,289) ($8,792) Income Tax allocation Energy-related business category 5 SCANA Energy Marketing, Inc. ($82,811) ($90,738) Income Tax allocation offset by other comprehensive income from derivatives Energy-related business category 7 Primesouth, Inc. ($6,581) ($6,581) n/a
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS FINANCIAL STATEMENTS Exhibit A-1 Solo Energy Corporation Balance Sheet as of September 30, 2001- filed under confidential treatment pursuant to Rule 104(b) Exhibit A-2 Solo Energy Corporation Income Statement for the Periods ended September 30, 2001 - filed under confidential treatment pursuant to Rule 104(b) Exhibit B-1 SC Coaltech No. 1LP Balance Sheet as of September 30, 2001 -filed under confidential treatment pursuant to Rule 104 (b) Exhibit B-2 SC Coaltech No. 1LP Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit C-1 SCANA Resources, Inc. Balance Sheet as of September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit C-2 SCANA Resources, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit D-1 SCANA Energy Marketing, Inc. Balance Sheet as of September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit D-2 SCANA Energy Marketing, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit E-1 ServiceCare, Inc. Balance Sheet as of September 30, 2001 -filed under confidential treatment pursuant to Rule 104(b) Exhibit E-2 ServiceCare, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit F-1 Primesouth, Inc. Balance Sheet as of September 30, 2001- filed under confidential treatment pursuant to Rule 104(b) Exhibit F-2 Primesouth, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit G-1 Clean Energy Enterprises, Inc. Balance Sheet as of September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit G-2 Clean Energy Enterprises, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit H-1 PSNC Blue Ridge Corporation Balance Sheet as of September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit H-2 PSNC Blue Ridge Corporation Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) Exhibit I-1 SCG Pipeline, Inc. Balance Sheet as of September 30, 2001 -filed under confidential treatment pursuant to Rule 104(b) Exhibit I-2 SCG Pipeline, Inc. Income Statement for the Periods ended September 30, 2001-filed under confidential treatment pursuant to Rule 104(b) EXHIBITS Exhibit J Certificate of SCANA Corporation SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, SCANA Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on the 29th day of November 2001. SCANA Corporation Registrant By: s/Mark R. Cannon ----------------------------------------------- Mark R. Cannon --------------------------------------------- (Name) Controller ----------------------------------------------- (Title) November 29, 2001 --------------------------------------- (Date) Exhibit J Certificate Pursuant to the requirements of Rule 58 of the Public Utility Holding Company Act of 1935, the undersigned certifies that: A copy of SCANA's quarterly report on Form U-9C-3 for the quarterly period ended June 30, 2001, was filed with the state commissions having jurisdiction over the retail rates of SCANA Corporation's public utility subsidiary companies. The names and addresses of these state commissions are as follows: South Carolina Public Service Commission P. O. Box 11649 Columbia, SC 29211 North Carolina Utilities Commission 4325 Mail Service Center Raleigh, NC 27699-4325 November 29, 2001 By: s/M. R. Cannon ---------------------------------- M. R. Cannon Controller (principal accounting officer) -----END PRIVACY-ENHANCED MESSAGE-----