U-9C-3 1 march.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 March 31, 2005 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 5 5 Other Investments 6 6 Financial Statements and Exhibits 7
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 South Carolina Electric & Gas Company (b) SC Coaltech No. 1 LP Energy April 7, 2000 Delaware 40% Production and sale of synthetic fuel Coaltech No. 1 LP Energy March 7, 1997 Delaware 25% Production and sale of synthetic fuel SCANA Energy Marketing, Inc. Energy June 30, 1987 South Carolina 100% Markets natural gas ServiceCare, Inc. Energy September 30, 1994 South Carolina 100% Provides service contracts on home appliances and heating and air conditioning units Primesouth, Inc. Energy August 25, 1986 South Carolina 100% Renders power plant management and maintenance and other 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 PSNC Cardinal Pipeline Company Energy December 1, 1995 North Carolina 100% Transportation of natural gas SCG Pipeline, Inc. Energy April 10, 2001 South Carolina 100% Transportation of natural gas Cogen South LLC Energy June 1, 1996 Delaware 50% Operates boilers and turbines at a cogeneration facility South Carolina Pipeline Corporation Energy September 9, 1977 South Carolina 100% Purchases, sells and transports natural gas SCANA Corporate Security Services, Inc. Energy March 19, 2004 South Carolina 100% Renders technical, operational and management services (a) The registered 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.
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 $3,600,000 South Carolina Electric & Gas Company Coaltech No. l LP $1,190,989
ITEM 3 - ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies Indirect Reporting Company Associate Company Types of Services Direct Costs Costs Cost of Total Amount Rendering Services Receiving Services Rendered Charged Charged Capital Billed ------------------ ------------------ -------- ------- ---------- ------- ------ SC Coaltech No. 1 LP South Carolina Electric & Gas Company Synthetic fuel sales $35,069,855 - - $35,069,855 Coaltech No. 1 LP South Carolina Electric & Gas Company Synthetic fuel sales $15,830,527 - - $15,830,527 SCG Pipeline, Inc. SCANA Energy Marketing, Inc. Gas transportation $1,426,083 - - $1,426,083 SCG Pipeline, Inc. South Carolina Pipeline Corporation Gas services $84,544 - - $84,544 South Carolina Pipeline Corporation South Carolina Electric & Gas Company Gas sales and construction $128,174,885 $2,921 - $128,177,806 South Carolina Pipeline Corporation SCG Pipeline, Inc. Operation of pipeline $97,847 18,752 - $116,599 South Carolina Pipeline Corporation ServiceCare, Inc. Administrative $178 - - $178 South Carolina Pipeline Corporation SCANA Energy Marketing, Inc. Software $4,034 - - $4,034 SCANA Energy Marketing, Inc. South Carolina Pipeline Corporation Software $16,899 - - $16,899 SCANA Energy Marketing, Inc. Public Service Company of North Carolina, Incorporated Software $5,969 - - $5,969 SCANA Energy Marketing, Inc. ServiceCare, Inc. Administrative $154,227 - - $154,227 SCANA Energy Marketing, Inc. South Carolina Electric & Gas Company Gas sales, office rent and maintenance $20,244,667 - - $20,244,667 Primesouth, Inc. South Carolina Electric & Gas Company Management and operation $1,287,897 - - $1,287,897 ServiceCare, Inc. SCANA Energy Marketing, Inc. Administrative - - $2,278 $2,278
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 $37,375,417 - - $37,375,417 South Carolina Electric & Gas Company Coaltech No. 1 LP Coal sales & handling $16,853,730 - - $16,853,730 South Carolina Electric & Gas Company Primesouth, Inc. Office space rental $3,561 - - $3,561 South Carolina Electric & Gas Company South Carolina Pipeline Maintenance $101,390 - - $101,390 Corporation South Carolina Electric & Gas Company SCANA Energy Marketing, Inc. Maintenance $16,789 - - $16,789 South Carolina Electric & Gas Company ServiceCare, Inc. Office space rental & maintenance $7,572 $22 - $7,594 SCANA Services, Inc. Primesouth, Inc. Administrative $878,573 - - $879,573 SCANA Services, Inc. SCG Pipeline, Inc. Administrative & interest $297,201 $35,803 - $333,004 SCANA Services, Inc. South Carolina Pipeline Administrative & interest $5,018,930 $1,000,998 - $6,019,928 Corporation SCANA Services, Inc. SCANA Energy Marketing, Inc. Administrative & interest $8,355,279 $1,771,211 $73,797 $10,200,287 SCANA Services, Inc. ServiceCare, Inc. Administrative & interest $264,754 $78,478 - $343,232 Public Service Company of North Carolina, Incorporated SCANA Energy Marketing, Inc. Gas sales & administrative $10,580,371 - - $10,580,371 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 March 31, 2005 $6,418,717 (A) Line 1 Total capitalization multiplied by 15% (line1 multiplied by 0.15) 962,808 Line 2 Greater of $50 million or line 2 $962,808 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) 2,936 Energy-related business category 7 (C) 1 Energy-related business category 8 - Energy-related business category 9 (D) 30,464 Energy-related business category 10 - Total current aggregate investment $33,401 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) $929,407 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. $466 $477 Net earnings of subsidiary. PSNC Blue Ridge Corporation $6,329 $6,233 Other comprehensive income (loss) from derivatives and net earnings of subsidiary. Energy-related business category 3 Clean Energy Enterprises, Inc. $396 $397 Net earnings of subsidiary. Energy-related business category 4 ServiceCare, Inc. $5,590 $6,147 Net earnings of subsidiary. Energy-related business category 5 SCANA Energy Marketing, Inc. $14,401 $42,955 Other comprehensive income (loss) from derivatives and net earnings of subsidiary. Energy-related business category 6 Cogen South LLC $10,293 $10,801 Net earnings of investment. Energy-related business category 7 Primesouth, Inc. $18,077 $17,693 Net earnings of subsidiary, offset by dividends declared. Energy-related business category 9 PSNC Cardinal Pipeline Company $15,256 $14,645 Net earnings of subsidiary, offset by repayment of advance. South Carolina Pipeline Corporation $213,524 $215,360 Net earnings of subsidiary, offset by dividends declared.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS FINANCIAL STATEMENTS Exhibit A-1 SC Coaltech No. 1 LP Balance Sheet as of March 31, 2005 - filed under confidential treatment pursuant to Rule 104(b) Exhibit A-2 SC Coaltech No. 1 LP Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit B-1 SCANA Resources, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit B-2 SCANA Resources, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit C-1 SCANA Energy Marketing, Inc. Balance Sheet as of March 31, 2005 -filed under confidential treatment pursuant to Rule 104(b) Exhibit C-2 SCANA Energy Marketing, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit D-1 ServiceCare, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit D-2 ServiceCare, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit E-1 Primesouth, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit E-2 Primesouth, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit F-1 Clean Energy Enterprises, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit F-2 Clean Energy Enterprises, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit G-1 PSNC Blue Ridge Corporation Balance Sheet as of March 31, 2005- filed under confidential treatment pursuant to Rule 104(b) Exhibit G-2 PSNC Blue Ridge Corporation Income Statement for the Periods ended March 31, 2005 2004-filed under confidential treatment pursuant to Rule 104(b) Exhibit H-1 SCG Pipeline, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit H-2 SCG Pipeline, Inc. Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit I-1 Coaltech No. 1 LP Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit I-2 Coaltech No. 1 LP Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit J-1 Cogen South LLC Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit J-2 Cogen South LLC Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit K-1 PSNC Cardinal Pipeline Company Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit K-2 PSNC Cardinal Pipeline Company Income Statement for the Periods ended September 30, 2004-filed under confidential treatment pursuant to Rule 104(b) Exhibit L-1 South Carolina Pipeline Corporation Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit L-2 South Carolina Pipeline Corporation Income Statement for the Periods ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit M-1 SCANA Corporate Security Services, Inc. Balance Sheet as of March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) Exhibit M-2 SCANA Corporate Security Services, Inc. Income Statement for the Period ended March 31, 2005-filed under confidential treatment pursuant to Rule 104(b) 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 13th day of May 2005. SCANA Corporation Registered holding company By: s/James E. Swan, IV --------------------------------------- James E. Swan, IV (Name) Controller (Title) May 13, 2005 (Date) Exhibit N 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 December 31, 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 May 13, 2005 By: s/James E. Swan, IV ------------------------------------------- James E. Swan, IV Controller (principal accounting officer)