U-9C-3 1 decemberu9c.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 December 31, 2004 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 ---------------------------------------------------------------------------- 2 Issuances and Renewals of Securities and Capital Contributions 2 3 Associate Transactions 2 4 Summary of Aggregate Investment 4 5 Other Investments 5 6 Exhibit 6
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 ------------------------ ----------------------- -------- ------- ------- ---------- -------- -------- None Company Contributing Capital Company Receiving Capital Amount of Capital Contribution South Carolina Electric & Gas Company SC Coaltech No. l LP $3,840,000 South Carolina Electric & Gas Company Coaltech No. l LP $1,218,945
ITEM 3 - ASSOCIATE TRANSACTIONS PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies Reporting Company Associate Company Types of Services Rendering Services Receiving Services Rendered ------------------ ------------------ -------- SC Coaltech No. 1 LP South Carolina Electric & Gas Company Synthetic fuel sales Coaltech No. 1 LP South Carolina Electric & Gas Company Synthetic fuel sales SCG Pipeline, Inc. SCANA Energy Marketing, Inc. Gas transportation SCG Pipeline, Inc. South Carolina Pipeline Corporation Gas services South Carolina Pipeline Corporation South Carolina Electric & Gas Company Gas sales South Carolina Pipeline Corporation SCG Pipeline, Inc. Operation of pipeline South Carolina Pipeline Corporation ServiceCare, Inc. Administrative South Carolina Pipeline Corporation Public Service Company of North Carolina, Incorporated Consulting and administrative South Carolina Pipeline Corporation SCANA Energy Marketing, Inc. Software SCANA Energy Marketing, Inc. South Carolina Pipeline Corporation Software SCANA Energy Marketing, Inc. Public Service Company of North Carolina, Incorporated Software SCANA Energy Marketing, Inc. South Carolina Electric & Gas Company Gas sales, office rent and maintenance SCANA Energy Marketing, Inc. South Carolina Pipeline Corporation Gas sales SCANA Energy Marketing, Inc. SCG Pipeline, Inc. Gas sales SCANA Energy Marketing, Inc. ServiceCare, Inc. Administrative Primesouth, Inc. South Carolina Electric & Gas Company Management and operation
Direct Costs Indirect Cost of Total Amount Charged Costs Charged Capital Billed ------- ------------- ------- ------ $32,324,108 - - $32,324,108 $15,348,922 - - $15,348,922 $1,882,859 - - $1,882,859 $10,336 - - $10,336 $104,979,433 $3,401 - $104,982,934 $167,149 $15,648 - $182,797 $312 - - $312 $9,000 - $9,000 $131 - - $131 - $19,240 - $19,240 $7,741 - - $7,741 $13,898,341 - - $13,898,341 $235,500 - - $235,500 $1,882,859 - - $1,882,859 $180,563 - - $180,563 $1,394,978 - - $1,394,978
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 & handling $36,286,015 - - $36,286,015 South Carolina Electric & Gas Company Coaltech No. 1 LP Coal sales & handling $16,111,984 - - $16,111,984 South Carolina Electric & Gas Company Primesouth, Inc. Office space rental $6,978 - - $6,978 South Carolina Electric & Gas Company South Carolina Pipeline Maintenance $154,904 - - $154,904 Corporation South Carolina Electric & Gas Company SCANA Energy Marketing, Inc. Maintenance $40,032 - - $40,032 South Carolina Electric & Gas Company ServiceCare, Inc. Office space rental & maintenance $7,715 - - $7,715 SCANA Services, Inc. Primesouth, Inc. Administrative $1,786,652 - - $1,786,652 SCANA Services, Inc. SCG Pipeline, Inc. Administrative & interest $424,091 $25,161 - $449,252 SCANA Services, Inc. South Carolina Pipeline Administrative & interest $5,680,727 $1,006,842 - $6,687,569 Corporation SCANA Services, Inc. SCANA Energy Marketing, Inc. Administrative & interest $8,962,247 $1,651,721 $114,326 $10,728,294 SCANA Services, Inc. ServiceCare, Inc. Administrative & interest $495,001 $110,620 - $605,621 Public Service Company of North Carolina Incorporated South Carolina Pipeline Materials $4,833 - - $4,833 Corporation Public Service Company of North Carolina Incorporated SCANA Energy Marketing, Inc. Gas sales & maintenance $5,318,080 - - $5,318,080 Public Service Company of North Carolina Incorporated ServiceCare, Inc. Customer billing charge $12,960 - - $12,960
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT (Dollars in Thousands) Investments in energy-related companies: Total consolidated capitalization as of December 31, 2004 $6,166,826 (A) Line 1 Total capitalization multiplied by 15% (line1 multiplied by 0.15) 925,024 Line 2 Greater of $50 million or line $925,024 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 - Energy-related business category 5 - Energy-related business category 6 (B) 3,415 Energy-related business category 7 (C) 1 Energy-related business category 8 - Energy-related business category 9 (D) 30,092 Energy-related business category 10 - Total current aggregate investment $33,508 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) $891,516 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, long-term debt and current maturities and short-term borrowings. (B) Consists of investments in SC Coaltech No. l LP and Coaltech No. 1 LP (C) Consists of investment in SCANA Corporate Security, Inc. (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. $470 $466 Net losses of subsidiary. PSNC Blue Ridge Corporation $6,393 $6,329 Other comprehensive losses from derivatives, offset by net earnings of subsidiary. Energy-related business category 3 Clean Energy Enterprises, Inc. $392 $396 Net losses of subsidiary, offset by advances to subsidiary. Energy-related business category 4 ServiceCare, Inc. $5,296 $5,590 Net earnings of subsidiary. Energy-related business category 5 SCANA Energy Marketing, Inc. $19,494 $14,401 Other comprehensive losses from derivatives and net earnings of subsidiary. Energy-related business category 6 Cogen South LLC $9,583 $10,293 Net earnings of investment. Energy-related business category 7 Primesouth, Inc. $17,841 $18,077 Net earnings of subsidiary, offset by dividends declared. Energy-related business category 9 PSNC Cardinal Pipeline Company $15,525 $15,256 Net earnings of subsidiary, offset by repayment of advances. South Carolina Pipeline Corporation $212,847 $213,524 Net earnings of subsidiary, offset by dividends declared.
ITEM 6 - EXHIBITS EXHIBITS Exhibit N 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 th day of February 2005. SCANA Corporation Registered holding company By: s/James E. Swan, IV -------------------------------------- James E. Swan, IV (Name) Controller (Title) February 22, 2005 (Date) Exhibit M 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 September 30, 2004, 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 February 22, 2005 By: s/James E. Swan, IV -------------------------------- James E. Swan, IV Controller (principal accounting officer)