-----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, AjTMJcQNevK4dYATYfw1bIYrJhqlQ9oYfOqVrno8e8RbGquQCfBtYAyRUt0i/w8l Bap2lnnYnYphkfBwIDlc0w== 0000755001-00-000007.txt : 20000502 0000755001-00-000007.hdr.sgml : 20000502 ACCESSION NUMBER: 0000755001-00-000007 CONFORMED SUBMISSION TYPE: U-13-60 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITIL CORP CENTRAL INDEX KEY: 0000755001 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 020381573 STATE OF INCORPORATION: NH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-13-60 SEC ACT: SEC FILE NUMBER: 049-00115 FILM NUMBER: 615811 BUSINESS ADDRESS: STREET 1: 6 LIBERTY LAND WEST CITY: HAMPTON STATE: NH ZIP: 03842 BUSINESS PHONE: 6037736504 MAIL ADDRESS: STREET 1: 6 LIBERTY LAND WEST CITY: HAMPTON STATE: NH ZIP: 03842 U-13-60 1 Form U-13-60 Mutual and Subsidiary Service Companies Revised February 7, 1980 ANNUAL REPORT FOR THE PERIOD Beginning January 1, 1999 and Ending December 31, 1999 TO THE US SECURITIES AND EXCHANGE COMMISSION OF UNITIL SERVICE CORP. A Subsidiary Service Company Date of Incorporation October 9, 1984 State of Incorporation New Hampshire Location of Principal Executive Offices of Reporting Company: 6 Liberty Lane West Hampton, New Hampshire 03842-1720 Name, Title and address of officer to whom correspondence concerning this report should be addressed: Anthony J. Baratta., Sr. Vice President and Chief Financial Officer 6 Liberty Lane West Hampton, New Hampshire 03842-1720 Name of Principal Holding Company Whose Subsidaries are served by Reporting Company: UNITIL Corporation ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS Description of Schedules and Accounts Schedule or Account Page Number Number COMPARATIVE BALANCE SHEET Schedule I 4-5 SERVICE COMPANY PROPERTY Schedule II 6-7 ACCUMULATED PROVISION FOR DEPRECIATION AND AMORTIZATION OF SERVICE COMPANY PROPERTY Schedule III 8 INVESTMENTS Schedule IV 9 ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES Schedule V 10 FUEL STOCK EXPENSES UNDISTRIBUTED Schedule VI 11 STORES EXPENSE UNDISTRIBUTED Schedule VII 12 MISCELLANEOUS CURRENT AND ACCRUED ASSETS Schedule VIII 13 MISCELLANEOUS DEFERRED DEBITS Schedule IX 14 RESEARCH, DEVELOPMENT, OR DEMONSTRATION EXPENDITURES Schedule X 15 PROPRIETARY CAPITAL Schedule XI 16 LONG-TERM DEBT Schedule XII 17 CURRENT AND ACCRUED LIABILITIES Schedule XIII 18 NOTES TO FINANCIAL STATEMENTS Schedule XIV 19 COMPARATIVE INCOME STATEMENT Schedule XV 20 ANALYSIS OF BILLING - ASSOCIATE COMPANIES Account 457 21 ANALYSIS OF BILLING - NONASSOCIATE COMPANIES Account 458 22 ANALYSIS OF CHARGES FOR SERVICE - ASSOCIATE AND NONASSOCIATE COMPANIES Schedule XVI 23 SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE FUNCTION Schedule XVII 24-25 DEPARTMENTAL ANALYSIS OF SALARIES Account 920 26 OUTSIDE SERVICES EMPLOYED Account 923 27 EMPLOYEE PENSIONS AND BENEFITS Account 926 28 GENERAL ADVERTISING EXPENSES Account 930.1 29 MISCELLANEOUS GENERAL EXPENSES Account 930.2 30 RENTS Account 931 31 TAXES OTHER THAN INCOME TAXES Account 408 32 DONATIONS Account 426.1 33 OTHER DEDUCTIONS Account 426.5 34 NOTES TO STATEMENT OF INCOME Schedule XVIII 35 FINANCIAL DATA SCHEDULE Schedule XIX 36 ORGANIZATION CHART 37 METHODS OF ALLOCATION 38 ANNUAL STATEMENT OF COMPENSATION FOR USE 39 OF CAPITAL BILLED ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE I - COMPARATIVE BALANCE SHEET Give balance sheet of the Company as of December 31 of the current and prior year. ACCOUNT ASSETS AND OTHER DEBITS AS OF DECEMBER 31 CURRENT PRIOR SERVICE COMPANY PROPERTY 101 Service company property (Schedule II) 5,923,878 5,371,304 107 Construction work in progress (Schedule II) 0 0 Total Property 5,923,878 5,371,304 108 Less accumulated provision for depreciation and amortization of service company property (Schedule III) 3,518,140 2,670,176 Net Service Company Property 2,405,738 2,701,128 INVESTMENTS 123 Investments in associate companies (Schedule IV) 0 0 124 Other investments (Schedule IV) 0 0 Total investments 0 0 CURRENT AND ACCRUED ASSETS 131 Cash 562,111 537,413 134 Special deposits 0 0 135 Working funds 6,000 6,000 136 Temporary cash investments (Schedule IV) 0 0 141 Notes receivable 0 0 143 Accounts receivable 45,042 221,825 144 Accumulated provision for uncollectable accounts 0 0 146 Accounts receivable from associate companies (Schedule V) 1,991,847 1,656,544 152 Fuel stock expense undistributed (Schedule VI) 0 0 154 Materials and supplies 0 0 163 Stores expense undistributed (Schedule VII) 0 0 165 Prepayments 75,976 66,259 174 Miscellaneous current and accrued assets (Schedule VIII) 0 0 Total Current and Accrued Assets 2,680,976 2,488,041 DEFERRED DEBITS 181 Unamortized debt expense 0 0 184 Clearing accounts 70,976 6,788 186 Miscellaneous deferred debits (Schedule IX) 1,605,254 1,636,028 188 Research, development, or demonstration expenditures (Schedule X) 0 0 190 Accumulated deferred income tax 0 0 Total Deferred Debits 1,676,230 1,642,816 TOTAL ASSETS AND OTHER DEBITS 6,762,944 6,831,985 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE I - COMPARATIVE BALANCE SHEET ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL AS OF DECEMBER 31 CURRENT PRIOR PROPRIETARY CAPITAL 201 Common stock issued (Schedule XI) 1,000 1,000 211 Miscellaneous paid-in-capital (Schedule XI) 0 0 215 Appropriated retained earnings (Schedule XI) 0 0 216 Unappropriated retained earnings (Schedule XI) 1,688 1,688 Total Proprietary Capital 2,688 2,688 LONG-TERM DEBT 223 Advances from associate companies (Schedule XII) 0 0 224 Other long-term debt (Schedule XII) 0 0 225 Unamortized premium on long- term debt 0 0 226 Unamortized discount on long-term debt-debit 0 0 Total Long-Term Debt 0 0 227 Obligations under capital leases - non-current 1,696,254 1,942,147 CURRENT AND ACCRUED LIABILITIES 231 Notes payable 0 0 232 Accounts payable 488,558 636,931 233 Notes payable to associate companies (Schedule XIII) 1,915,347 2,424,099 234 Accounts payable to associate companies (Schedule XIII) (81,926) 425,804 236 Taxes accrued 65,288 (144,013) 237 Interest accrued 73,524 48,826 238 Dividends declared 0 0 241 Tax collections payable 0 0 242 Miscellaneous current and accrued liabilities (Schedule XIII) 2,505,121 1,539,132 243 Obligations under capital leases - current 723,415 754,544 Total Current and Accrued Liabilities 5,689,327 5,685,323 DEFERRED CREDITS 253 Other deferred credits 0 0 255 Accumulated deferred investment tax credits 0 0 Total Deferred Credits 0 0 282 ACCUMULATED DEFERRED INCOME TAXES (625,325) (798,173) TOTAL LIABILITIES AND PROPRIETARY CAPITAL 6,762,944 6,831,985 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE II - SERVICE COMPANY PROPERTY BALANCE AT RETIREMENTS OTHER BALANCE BEGINNING ADDITIONS OR CHANGES 1/ AT CLOSE DESCRIPTION OF YEAR SALES OF YEAR SERVICE COMPANY PROPERTY Account 301 ORGANIZATION 303 MISCELLANEOUS INTANGIBLE PLANT 304 LAND AND LAND RIGHTS ` 305 STRUCTURES AND IMPROVEMENTS 306 LEASEHOLD IMPROVEMENTS 307 EQUIPMENT 2/ 4,273,573 495,424 0 0 4,768,997 308 OFFICE FURNITURE AND EQUIPMENT 1,082,555 39,735 0 0 1,122,290 309 AUTOMOBile OTHER VEHICLES AND RELATED GARAGE EQUIPMENT 15,176 17,415 0 0 32,591 310 AIRCRAFT AND AIRPORT EQUIPMENT 311 OTHER SERVICE COMPANY PROPERTY 3/ SUB-TOTAL 5,371,304 552,574 0 0 5,923,878 107 CONSTRUCTION WORK IN PROGRESS TOTAL 5,371,304 552,574 0 0 5,923,878 1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL: NONE ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE II - CONTINUED 2/ SUBACCOUNTS ARE REQUIRED FOR EACH CLASS OF EQUIPMENT OWNED. THE SERVICE COMPANY SHALL PROVIDE A LISTING BY SUBACCOUNT OF EQUIPMENT ADDITIONS DURING THE YEAR AND THE BALANCE AT THE CLOSE OF THE YEAR: BALANCE AT SUBACCOUNT DESCRIPTION ADDITIONS CLOSE OF YEAR Computer Equipment 485,234 4,017,919 PBX Phone System 10,190 751,078 TOTAL 495,424 4,768,997 3/ DESCRIBE OTHER SERVICE COMPANY PROPERTY: NONE 4/ DESCRIBE CONSTRUCTION WORK IN PROGRESS: NONE ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE III ACCUMULATED PROVISION FOR DEPRECIATION AND AMORTIZATION OF SERVICE COMPANY PROPERTY BALANCE AT ADDITIONS OTHER BALANCE BEGINNING CHARGED CHANGES AT CLOSE DESCRIPTION OF YEAR TO ACCOUNT RETIRE- ADD OF YEAR 403 MENTS (DEDUCT)1/ Account 301 ORGANIZATION 303 MISCELLANEOUS INTANGIBLE PLANT 304 LAND AND LAND RIGHTS 305 STRUCTURES AND IMPROVEMENTS 306 LEASEHOLD IMPROVEMENTS 307 EQUIPMENT 2,373,558 685,174 0 0 3,058,732 308 OFFICE FURNITURE AND EQUIPMENT 296,633 157,469 0 0 454,102 309 AUTOMOBILES, OTHER VEHICLES AND RELATED GARAGE EQUIPMENT (15) 5,321 0 0 5,306 310 AIRCRAFT AND AIRPORT EQUIPMENT 311 OTHER SERVICE COMPANY PROPERTY TOTAL 2,670,176 847,964 0 0 3,518,140 1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL: ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE IV - INVESTMENTS INSTRUCTIONS: Complete the following schedule concerning investments. Under Account 124 "Other Investments" state each investment separately, with description, including, the name of issuing company, number of shares or principal amount Under Account 136, "Temporary Cash Investments", list each investment separately. BALANCE AT BALANCE AT DESCRIPTION BEGINNING CLOSE OF YEAR OF YEAR ACCOUNT 123 - INVESTMENT IN ASSOCIATED COMPANIES 0 0 ACCOUNT 124 - OTHER INVESTMENTS 0 0 ACCOUNT 136 - TEMPORARY CASH INVESTMENTS 0 0 TOTAL 0 0 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE V - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES INSTRUCTIONS: Complete the following schedule listing accounts receivable from each associate company. Where the service company has provided accommodation or convenience payments for associate companies, a separate listing of total payments for each associate company by subaccount should be provided. BALANCE AT BALANCE AT DESCRIPTION BEGINNING CLOSE OF YEAR OF YEAR ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE Companies Concord Electric Company 270,789 295,912 Exeter & Hampton Electric Company 277,879 314,217 Fitchburg Gas and Electric Light Company 733,193 808,568 UNITIL Power Corp. 350,090 447,532 UNITIL Realty Corp. 12,712 7,252 UNITIL Corporation 5,049 0 UNITIL Resources, Inc. 6,832 118,366 TOTAL 1,656,544 1,991,847 ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS: Concord Electric Company 72,061 Exeter & Hampton Electric Company 74,682 Fitchburg Gas and Electric Light Company 544,174 UNITIL Power Corp. 280,833 UNITIL Realty Corp. 1,931 UNITIL Resources, Inc. 22,590 UNITIL Corp. 0 For detail of convenience payments by type and company, paid by Unitil Service Corp. see page 10A. TOTAL PAYMENTS 996,271 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31,1998 CONVENIENCE PAYMENTS BY TYPE AND COMPANY CECo E&H FG&E UPC Legal 38,986 42,019 501,707 262,522 Audit 33,075 32,663 42,467 18,311 72,061 74,682 544,174 280,833 CONVENIENCE PAYMENTS BY TYPE AND COMPANY (Cont.) URC UC URI Total Legal 1,777 0 22,436 869,447 Audit 154 0 154 126,824 1,931 0 22,590 996,271 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE VI - FUEL STOCK EXPENSES UNDISTRIBUTED INSTRUCTIONS: Report the amount of labor and expenses incurred with respect to fuel stock expense during the year and indicate amount attributable to each associate company. Under the section headed "Summary" listed below give an overall report of the fuel functions performed by the service company. DESCRIPTION LABOR EXPENSE TOTAL ACCOUNT 152 - FUEL STOCK EXPENSE UNDISTRIBUTED 0 0 0 TOTAL 0 0 0 SUMMARY: ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE VII - STORES EXPENSE UNDISTRIBUTED INSTRUCTIONS: Report the amount of labor and expenses incurred with respect to stores expense during the year and indicate amount attributable to each associate company. DESCRIPTION LABOR EXPENSE TOTAL ACCOUNT 163 - STORES EXPENSE UNDISTRIBUTED 0 0 0 TOTAL 0 0 0 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE VIII MISCELLANEOUS CURRENT AND ACCRUED ASSETS INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000 may be grouped, showing the number of items in each group. BALANCE AT BALANCE AT DESCRIPTION BEGINNING CLOSE OF YEAR OF YEAR ACCOUNT 174 - MISCELLANEOUS CURRENT AND ACCRUED ASSETS 0 0 TOTAL 0 0 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE IX - MISCELLANEOUS DEFERRED DEBITS INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000 may be grouped by class showing the number of items in each class. BALANCE AT BALANCE AT DESCRIPTION BEGINNING CLOSE OF YEAR OF YEAR ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS Under/(over) collected administrative expenses 7,637 14,672 Postage 69,343 55,584 PC purchases 3,537 0 Software Costs 1,555,511 1,534,998 TOTAL 1,636,028 1,605,254 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE X RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES INSTRUCTIONS: Provide a description of each material research, development, or demonstration project which incurred costs by the service corporation during the year. BALANCE AT DESCRIPTION CLOSE OF YEAR ACCOUNT 188 - RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES 0 TOTAL 0 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XI - PROPRIETARY CAPITAL PAR OR OUTSTANDING NUMBER OF STATED CLOSE OF PERIOD ACCOUNT NUMBER CLASS OF SHARES VALUE NO. OF TOTAL STOCK AUTHORIZED PER SHARE SHARES AMOUNT 201 COMMON STOCK ISSUED 300 10.00 100 1,000 INSTRUCTIONS: Classify amounts in each account with brief explanation, disclosing the general nature of transactions which gave rise to the reported amounts. DESCRIPTION AMOUNT ACCOUNT 211 - MISCELLANEOUS PAID-IN CAPITAL 0 ACCOUNT 215 - APPROPRIATED RETAINED EARNINGS 0 TOTAL 0 INSTRUCTIONS: Give particulars concerning net income or (loss) during the year, distinguishing between compensation for the use of capital owned or net loss remaining from servicing nonassociates per the General Instructions of the Uniform System of Accounts. For dividends paid during the year in cash or otherwise, provide rate percentage, amount of dividend, date declared and date paid. BALANCE AT NET INCOME BALANCE AT DESCRIPTION BEGINNING OR DIVIDENDS CLOSE OF YEAR (LOSS) PAID OF YEAR ACCOUNT 216 - UNAPPROPRIATED RETAINED EARNINGS 1,688 0 0 1,688 TOTAL 1,688 0 0 1,688 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XII - LONG-TERM DEBT INSTRUCTIONS:Advances from associate companies should be reported separately for advances on notes, and advances on open account. Names of associate companies from which advances were received shall be shown under the class and series of obligation column. For Account 224 - Other long-term debt provide the name of creditor company or organization, terms of the obligation, date of maturity, interest rate, and the amount authorized and outstanding. TERMS OF OBLIG CLASS DATE BALANCE NAME OF & SERIES OF INT. AMT. 1/ AT CLOSE CREDITOR OF OBLIGATION MAT. RATE AUTH. ADD. DED. OF YEAR ACCOUNT 223 - ADVANCES FROM ASSOCIATE COMPANIES 0 0 0 0 ACCOUNT 224 - OTHER LONG-TERM DEBT: 0 0 0 0 TOTAL 0 0 0 0 1/ GIVE AN EXPLANATION OF DEDUCTIONS: ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES Provide balance of notes and accounts payable to each associate company. Give description and amount of miscellaneous current and accrued liabilities. Items less than $10,000 may be grouped, showing the number of items in each group. BALANCE AT BALANCE AT DESCRIPTION BEGINNING CLOSE OF YEAR OF YEAR ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES Money Pool 2,424,099 1,915,347 TOTAL 2,424,099 1,915,347 ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES Concord Electric Company (83,469) (51,509) Exeter & Hampton Electric Company (65,370) (46,471) Fitchburg Gas and Electric Company (373,904) (149,073) UNITIL Corporation (1) 1,081,034 192,214 UNITIL Power Corporation (129,106) (22,976) UNITIL Realty Corporation (1,425) (244) UNITIL Resources, Inc. (1,955) (3,867) (1) Balance consists of KESOP for UNITIL Service Employees only, not subsidaries. TOTAL 425,804 (81,926) ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES Accrued FASB 87 517,943 962,399 Accrued Supplemental Executive Retirement Plan 439,846 558,886 Accrued Legal Fees 973 187 Accrued Annual Report 53,100 49,836 Accrued FASB 106 87,805 110,308 Accrued FASB 106 - APBO 2,421 7,331 Accrued FASB 106 - Gain/Loss (1,649) (1,649) Accrued Interest on Escrow 0 0 Accrued Auditing 2,700 456 Accrued Compensation 407,000 817,367 Accrued Miscellaneous Costs 28,993 0 TOTAL 1,539,132 2,505,121 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XIV NOTES TO FINANCIAL STATEMENT INSTRUCTIONS: The space below is provided for important notes regarding the financial statements or any account thereof. Furnish particulars as to any significant contingent assets or liabilities existing at the end of the year. Notes relating to financial statements shown elsewhere in this report may be indicated here by reference. Selected Notes to the Financial Statements: UNITIL Service Corp. (USC), a wholly-owned subsidiary of UNITIL Corporation, a public utility holding company, provides centralized support services to the parent company and its subsidiaries. USC is subject to the jurisdiction of the Securities and Exchange Commission (SEC) under the Public Utility Holding Company Act of 1935. Accordingly, USC maintains its books of account as prescribed by the "Uniform System of Accounts for Mutual Service Companies and Subsidiary Service Companies" as Amended February 2, 1979 to be effective January 1, 1980. USC prepares its financial statements in conformity with generally accepted accounting principles. Please refer to the 1999 UNITIL Corporation Form 10-K for additional disclosures. ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XV STATEMENT OF INCOME ACCOUNT DESCRIPTION CURRENT PRIOR YEAR YEAR INCOME 457 Services rendered to associate companies 17,587,988 17,003,091 458 Services rendered to nonassociate companies 30,000 30,000 419 Interest Income 0 0 421 Miscellaneous income or loss 0 (18,685) Total Income 17,617,988 17,014,406 EXPENSE 920 Salaries and wages 8,749,800 8,023,133 921 Office supplies and expenses 904,781 968,711 922 Administrative expense transferred - credit (7,035) 52,185 923 Outside services employed 733,642 1,495,119 924 Property insurance 2,182 2,851 925 Injuries and damages 32,901 28,135 926 Employee pensions and benefits 1,812,887 1,656,941 928 Regulatory commission expense 400 0 930.1 General advertising expense 84,134 449,561 930.2 Miscellaneous general expense 621,918 366,986 931 Rents 1,511,230 1,666,467 932 Maintenance of structures and equipment 549,938 488,204 403 Depreciation and amortization expense 1,195,903 903,178 408 Taxes other than income taxes 721,062 551,633 409 Income taxes 88,622 95,666 410 Provision for deferred income taxes 172,847 (77,254) 411 Provision for deferred income taxes - credit 0 0 411.5 Investment tax credit 0 0 426.1 Donations 96,601 24,822 426.5 Other deductions 0 0 427 Interest on long-term debt 0 0 430 Interest on debt to associate companies 15,550 57,442 431 Other interest expense 330,625 260,626 Total Expense 17,617,988 17,014,406 Net Income or (Loss) 0 0 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 ANALYSIS OF BILLING ASSOCIATE COMPANIES ACCOUNT 457 DIRECT INDIRECT COMPENSATION TOTAL COSTS COSTS FOR USE AMOUNT NAME OF ASSOCIATE CHARGED CHARGED OF CAPITAL BILLED COMPANY 457-1 457-2 457-3 Concord Electric Company 1,359,702 1,236,506 0 2,596,208 Exeter & Hampton Electric Company 1,418,771 1,309,205 0 2,727,976 Fitchburg Gas and Electric Light Company 3,981,339 3,730,884 0 7,712,223 UNITIL Power Corp. 2,046,654 1,883,268 0 3,929,922 UNITIL Realty Corp. 11,488 11,594 0 23,082 UNITIL Resources, Inc. 295,196 235,511 0 530,707 UNITIL Corp. 33,780 34,090 0 67,870 TOTAL 9,146,930 8,441,058 0 17,587,988 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 ANALYSIS OF BILLING NONASSOCIATE COMPANIES ACCOUNT 458 DIRECT INDIRECT COMPENSATION EXCESS NAME OF COSTS COSTS FOR USE TOTAL OR TOTAL NONASSOC CHARGED CHARGED OF CAPITAL DEFICIENCY AMOUNT COMPANY 457-1 457-2 457-3 COST 458-4 BILLED UNITIL Retiree Trust 0 30,000 30,000 0 30,000 Total 0 30,000 0 30,000 0 30,000 INSTRUCTION: Provide a brief description of the services rendered to each nonassociate company. UNITIL Retiree Trust - Professional services provided. ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XVI ANALYSIS OF CHARGES FOR SERVICE ASSOCIATE AND NONASSOCIATE COMPANIES ASSOCIATE COMPANY CHARGES DESCRIPTION OF ITEMS DIRECT INDIRECT COST COST TOTAL 920 SALARIES AND WAGES 7,848,890 870,910 8,719,800 921 OFFICE SUPPLES AND EXPENSES 168,840 735,941 904,781 922 ADMIN EXPENSE TRANS-CREDIT (7,035) (7,035) 923 OUTSIDE SERVICES EMPLOYED 104,483 629,159 733,642 924 PROPERTY INSURANCE 2,182 2,182 925 INJURIES AND DAMAGES 32,901 32,901 926 EMPLOYEE PENSIONS AND BENEFITS 1,812,887 1,812,887 928 REGULATORY COMMISSION EXPENSE 400 400 930.1 GENERAL ADVERTISING EXPENSE 84,134 84,134 930.2 MISC. GENERAL EXPENSE 621,918 621,918 931 RENTS 0 1,511,230 1,511,230 932 MAINT. OF STRUCT. & EQUIP. 1,024,717 (474,779) 549,938 403 DEPR. AND AMORT. EXPENSE 1,195,903 1,195,903 408 TAXES OTHER THAN INCOME 721,062 721,062 409 INCOME TAXES 88,622 88,622 410 PROV FOR DEF INC TAXES 172,847 172,847 411 PROV FOR DEF INC TAX CREDIT 0 411.5 INVESTMENT TAX CREDIT 0 419 INTEREST INCOME 0 0 426.1 DONATIONS 96,601 96,601 426.5 OTHER DEDUCTIONS 0 0 427 INTEREST ON LONG-TERM DEBT 0 431 OTHER INTEREST EXPENSE 330,625 330,625 INSTRUCTION: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules. SUBTOTAL EXPENSES 9,146,930 8,425,508 17,572,438 COMPENSATION FOR USE OF EQUITY CAPITAL 0 430 INTEREST ON DEBT TO ASSOCIATE CO.'S 0 15,550 15,550 TOTAL EXPENSES 9,146,930 8,441,058 17,587,988 421 MISCELLANEOUS INCOME 0 0 0 TOTAL COST OF SERVICE 9,146,930 8,441,058 17,587,988 SCHEDULE XVI CONT. ANALYSIS OF CHARGES FOR SERVICE ASSOCIATE AND NONASSOCIATE COMPANIES NONASSOCIATE COMPANY CHARGES DESCRIPTION OF ITEMS DIRECT INDIRECT COST COST TOTAL 920 SALARIES AND WAGES 30,000 30,000 921 OFFICE SUPPLES AND EXPENSES 0 922 ADMIN EXPENSE TRANS-CREDIT 0 923 OUTSIDE SERVICES EMPLOYED 0 924 PROPERTY INSURANCE 0 925 INJURIES AND DAMAGES 0 926 EMPLOYEE PENSIONS AND BENEFITS 0 928 REGULATORY COMMISSION EXPENSE 0 930.1 GENERAL ADVERTISING EXPENSE 0 930.2 MISC. GENERAL EXPENSE 0 931 RENTS 0 932 MAINT. OF STRUCT. & EQUIP. 0 403 DEPR. AND AMORT. EXPENSE 0 408 TAXES OTHER THAN INCOME 0 409 INCOME TAXES 0 410 PROV FOR DEF INC TAXES 0 411 PROV FOR DEF INC TAX CREDIT 0 411.5 INVESTMENT TAX CREDIT 0 419 INTEREST INCOME 0 426.1 DONATIONS 0 426.5 OTHER DEDUCTIONS 0 427 INTEREST ON LONG-TERM DEBT 0 431 OTHER INTEREST EXPENSE 0 INSTRUCTION: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules. SUBTOTAL EXPENSES 0 30,000 30,000 COMPENSATION FOR USE OF EQUITY CAPITAL 0 430 INTEREST ON DEBT TO ASSOCIATE CO.'S 0 0 0 TOTAL EXPENSES 0 30,000 30,000 421 MISCELLANEOUS INCOME 0 0 0 TOTAL COST OF SERVICE 0 30,000 30,000 SCHEDULE XVI CONT. ANALYSIS OF CHARGES FOR SERVICE ASSOCIATE AND NONASSOCIATE COMPANIES TOTAL CHARGES FOR SERVICE DESCRIPTION OF ITEMS DIRECT INDIRECT COST COST TOTAL 920 SALARIES AND WAGES 7,848,890 900,910 8,749,800 921 OFFICE SUPPLES AND EXPENSES 168,840 735,941 904,781 922 ADMIN EXPENSE TRANS-CREDIT 0 (7,035) (7,035) 923 OUTSIDE SERVICES EMPLOYED 104,483 629,159 733,642 924 PROPERTY INSURANCE 0 2,182 2,182 925 INJURIES AND DAMAGES 0 32,901 32,901 926 EMPLOYEE PENSIONS AND BENEFITS 0 1,812,887 1,812,887 928 REGULATORY COMMISSION EXPENSE 0 400 400 930.1 GENERAL ADVERTISING EXPENSE 0 84,134 84,134 930.2 MISC. GENERAL EXPENSE 0 621,918 621,918 931 RENTS 0 1,511,230 1,511,230 932 MAINT. OF STRUCT. & EQUIP. 1,024,717 (474,779) 549,938 403 DEPR. AND AMORT. EXPENSE 0 1,195,903 1,195,903 408 TAXES OTHER THAN INCOME 0 721,062 721,062 409 INCOME TAXES 0 88,622 88,622 410 PROV FOR DEF INC TAXES 0 172,847 172,847 411 PROV FOR DEF INC TAX CREDIT 0 0 0 411.5 INVESTMENT TAX CREDIT 0 0 0 419 INTEREST INCOME 0 0 0 426.1 DONATIONS 0 96,601 96,601 426.5 OTHER DEDUCTIONS 0 0 0 427 INTEREST ON LONG-TERM DEBT 0 0 0 431 OTHER INTEREST EXPENSE 0 330,625 330,625 INSTRUCTION: Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules. SUBTOTAL EXPENSES 9,146,930 8,455,508 17,602,438 COMPENSATION FOR USE OF EQUITY CAPITAL 0 430 INTEREST ON DEBT TO ASSOCIATE CO.'S 0 15,550 15,550 TOTAL EXPENSES 9,146,930 8,471,058 17,617,988 421 MISCELLANEOUS INCOME 0 0 0 TOTAL COST OF SERVICE 9,146,930 8,471,058 17,617,988 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XVII SCHEDULE OF EXPENSE DISTRIBUTION BY DEPARTMENT OR SERVICE FUNCTION DEPARTMENT OR SERVICE FUNCTION DESCRIPTION OF ITEMS TOTAL OVER- REGULATORY AMOUNT HEAD & COMMUN. ADMIN. 920 SALARIES AND WAGES 8,749,800 1,277,221 1,860,833 921 OFFICE SUPPLES AND EXPENSES 904,781 111,641 198,246 922 ADMIN. EXPENSE TRANS-CREDIT (7,035) 923 OUTSIDE SERVICES EMPLOYED 733,642 135,922 312,702 924 PROPERTY INSURANCE 2,182 925 INJURIES AND DAMAGES 32,901 926 EMPLOYEE PENSIONS AND BENEFITS 1,812,887 21,735 1,727,604 928 REGULATORY COMMISSION EXPENSE 400 400 930.1 GENERAL ADVERTISING EXPENSE 84,134 72,549 11,585 930.2 MISC. GENERAL EXPENSE 621,918 321,170 931 RENTS 1,511,230 374 21,499 932 MAINT. OF STRUCT. & EQUIP. 549,938 42,098 403 DEPR. AND AMORT. EXPENSE 1,195,903 408 TAXES OTHER THAN INCOME 721,062 409 INCOME TAXES 88,622 410 PROV. FOR DEF. INC. TAXES 172,847 411 PROV. FOR DEF. INC. TAX CREDIT 0 411.5 INVESTMENT TAX CREDIT 0 426.1 DONATIONS 96,601 426.5 OTHER DEDUCTIONS 0 427 INTEREST ON LONG-TERM DEBT 0 430 INTEREST ON DEBT TO ASSOCIATE COMPANIES 15,550 431 OTHER INTEREST EXPENSE 330,625 INSTRUCTIONS: Indicate each department or service function. (see Instruction 01-3 General Structure of Account- ing System Uniform System Account. TOTAL EXPENSES - 17,617,988 1,619,842 4,495,737 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XVII SCHEDULE OF EXPENSE DISTRIBUTION BY DEPARTMENT OR SERVICE FUNCTION DEPARTMENT OR SERVICE FUNCTION ACCOUNT ENERGY CUSTOMER NUMBER ACCOUNTING MARKETS DISTRIBUTION FINANCE SERV. ENGINEER. TECHNOLOGY 920 990,886 595,441 199,500 607,306 1,497,955 1,188,110 532,548 921 20,879 21,371 4,185 54,653 157,500 95,619 240,687 922 (7,035) 923 20,412 22,964 40,731 29,198 102,652 6,821 62,240 924 2,182 925 32,901 926 10,282 2,105 6,533 25,147 1,115 18,366 928 930.1 930.2 300,748 931 (1,043,043) 6,378 112 86,967 2,917 2,436,026 932 61,995 86,294 195 359,356 403 1,195,903 408 721,062 409 88,622 410 172,847 411 411.5 426.1 96,601 426.5 427 430 15,550 431 330,625 2,329,411 641,881 250,794 1,379,808 1,956,515 1,294,777 3,649,223 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 DEPARTMENTAL ANALYSIS OF SALARIES ACCOUNT 920 DEPARTMENT SALARY EXPENSE NUMBER NAME OF DEPARTMENT INCLUDE IN AMOUNTS BILLED TO PERSONNEL Indicate each departmentTOTAL PARENT OTHER NON END OF or service function AMOUNT COMPANY ASSOCIATES ASSOCIATES YEAR Regulatory & Comm. 1,277,221 0 1,277,221 0 20 Technology Services 532,548 0 532,548 0 10 Accounting 990,886 0 986,086 4,800 21 Finance 607,306 0 606,706 600 8 Administrative 1,860,833 0 1,837,133 23,700 17 Energy Markets 595,441 0 595,441 0 9 Engineering 1,188,110 0 1,188,110 0 22 Distribution 199,500 0 199,500 0 1 Customer Services 1,497,955 0 1,497,055 900 44 TOTAL 8,749,800 0 8,719,800 30,000 152 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 OUTSIDE SERVICES EMPLOYED ACCOUNT 923 INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If the aggregate amounts paid to any one payee and included within one subaccount is less than $25,000, only the aggregate number and amount of all such payments included within the subaccount need be shown. Provide a subtotal for each type of service. RELATIONSHIP "A"= ASSOCIATE FROM WHOM PURCHASED ADDRESS "NA"=NON AMOUNT ASSOCIATE Outside Services - Legal Various NA 45,001 LeBoeuf, Lamb Greene NA 37,914 Outside Services - Accounting Grant Thornton NA 13,853 Outside Services - Other Various NA 177,718 Bruce Mast & Associates NA 59,691 Business Software Alliance NA 42,000 Ceridian NA 41,478 Energy Strategies NA 60,447 Focused Change NA 32,482 Kelly Services NA 63,108 Public Affairs Group NA 40,000 Russell Reynolds NA 27,208 URT NA 34,600 Outside Services - Market Development Various NA 22,842 Outside Services - Visibility Various NA 35,300 TOTAL 733,642 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 EMPLOYEE PENSIONS AND BENEFITS ACCOUNT 926 INSTRUCTIONS: Provide a listing of each pension plan and benefit program provided by the service company. Such listing should be limited to $25,000. DESCRIPTION AMOUNT Health Insurance 782,810 Net Periodic Pension Expense 467,132 401 K 195,854 Life Insurance 63,812 Education 98,218 Other 20,303 Supplemental Executive Retirement Plan 157,345 FASB 106 27,413 TOTAL 1,812,887 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 GENERAL ADVERTISING EXPENSES ACCOUNT 930.1 INSTRUCTIONS: Provide a listing of the amounts included in Account 930.1 "General Advertising Expenses", classifying the items according to the nature of the advertising and as defined in the account definition. If a particular class includes an amount in excess of $3,000 applicable to a single payee, show separately the name of the payee and the aggregate amount applicable thereto. DESCRIPTION NAME OF PAYEE AMOUNT Internet Development Brown and Company 12,600 Internet Development Rocket Science 10,200 Advertising Advance Notice Inc. 9,723 Advertising Adventures in Advertising 4,715 Advertising Bonci on Design 6,776 Advertising IDEC 3,858 Advertising Ingalls Adverising 3,780 Advertising NH Public Radio 18,590 Advertising RAM Printing 4,262 Advertising Other 9,630 TOTAL 84,134 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 MISCELLANEOUS GENERAL EXPENSES ACCOUNT 930.2 INSTRUCTIONS: Provide a listing of the amount included in Account 930.02 "Miscellaneous General Expense", classifying such expenses according to their nature. Payments and expenses permitted by Section 321 (b) (2) of the Federal Election Campaign Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. 441 (b) (2) shall be separately classified. DESCRIPTION AMOUNT Printing and Distribution of Quarterly and Annual Reports 155,098 Employee Orientations 11,092 Director's Fees and Expenses 226,650 Business Development 83,038 Communications 146,040 TOTAL 621,918 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 RENTS ACCOUNT 931 INSTRUCTIONS: Provide a listing of the amount included in Account 931, "Rents" classifying such expenses by major groupings of property, as defined in the account definition of the Uniform System of Accounts. TYPE OF PROPERTY AMOUNT Office Building 1,501,056 EDP Equipment 1,704 Miscellaneous 8,470 TOTAL 1,511,230 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 TAXES OTHER THAN INCOME TAXES ACCOUNT 408 INSTRUCTIONS: Provide an analysis of Account 408, "Taxes Other Than Income Taxes". Separate the analysis into two groups: (1) other than U. S. Government and (2) U.S. Government taxes. Specify each of the various kinds of taxes and show the amounts there of. Provide a subtotal for each class of tax. KIND OF TAX AMOUNT Other than U.S. Government Tax: State Telephone & Telegram Tax 8,468 State Unemployment Tax - NH 6,697 Other 85 Business Enterprise Tax 44,551 59,801 U.S. Government Tax: Federal Telephone & Telegram Tax 4,019 Federal Insurance Contribution Act 649,252 Federal Unemployment Tax 7,990 661,261 TOTAL 721,062 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 DONATIONS ACCOUNT 426.1 INSTRUCTIONS: Provide a listing of the amount included in Account 426.1, "Donations", classifying such expenses by its purpose. The aggregate number and amount of all items of less than $3,000 may be shown in lieu of details. NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT P. J. Stulgis Memorial Fund 12,500 LongsJohn Memorial 10,000 American Red Cross 3,780 Capitol Center for the Arts 5,000 Easter Seals 6,585 New Hampshire Historical Society 3,000 United Way 20,100 Various 35,636 TOTAL 96,601 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 OTHER DEDUCTIONS ACCOUNT 426.5 INSTRUCTIONS: Provide a listing of the amount included in Account 426.5, "Other Deductions", classifying such expenses according to their nature. DESCRIPTION NAME OF PAYEE AMOUNT None ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XVIII NOTES TO STATEMENT OF INCOME INSTRUCTIONS: The space below is provided for important notes regarding the statement of income or any account thereof. Furnish particulars as to any significant increases in services rendered or expenses incurred during the year. Notes relating to financial statements shown elsewhere in this report may be indicated here by reference. See page 19. ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SCHEDULE XIX - FINANCIAL DATA SCHEDULE ITEM NO. CAPTION HEADING AMOUNT 1 Net Service Company Property 2,405,738 2 Total Investments 0 3 Total Current and Accrued Assets 2,680,976 4 Total Deferred Debits 1,676,230 5 Balancing Amount for Total Assets and Other Debits 0 6 Total Assets and Other Debits 6,762,944 7 Total Proprietary Capital 2,688 8 Total Long-Term Debt 0 9 Notes Payable 0 10 Notes Payable to Associate Companies 1,915,347 11 Balancing Amount for Total Current and Accrued Liabilities 3,773,980 12 Total Deferred Credits 0 13 Accumulated Deferred Income Taxes (625,325) 14 Total Liabilities and Proprietary Capital 6,762,944 15 Service Rendered to Associate Companies 17,587,988 16 Service Rendered to Nonassociate Companies 30,000 17 Miscellaneous Income or Loss 0 18 Total Income 17,617,988 19 Salaries and Wages 8,749,800 20 Employee Pensions and Benefits 1,812,887 21 Balancing Amount for Total Expenses 7,055,301 22 Total Expenses 17,617,988 23 Net Income (Loss) 0 24 Total Expenses (Direct Costs) 9,146,930 25 Total Expenses (Indirect Costs) 8,471,058 26 Total Expenses (Total) 17,617,988 27 Number of Personnel End of Year 152 ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 ORGANIZATION CHART AS OF DECEMBER 31, 1999 President Schoenberger Senior Vice President - Finance Baratta Senior Executive Vice President - Energy Distribution Dalton Vice President - Engineering and Operations Appleton Senior Executive Vice President - Energy Markets Daly** Vice President - Sales and Marketing Black Vice President - Energy Procurement Foote Vice President - Technology Smith Vice President - Finance & Treasurer Collin Vice President and Controller Brock Vice President - Customer Services Morrissey Senior Vice President - Communication & Regulation Gantz Vice President - Communication & Regulation Stewart ** James G. Daly resigned effective 2/7/2000. ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 METHODS OF ALLOCATION See Next Page ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1998 METHODS OF ALLOCATION The cost of services rendered by UNITIL Service are allocated and billed based on direct time charges and to a lesser extent, direct cost assigned to individual projects or jobs performed on behalf of associated companies in accordance with the general guidelines set forth below. A. Direct Labor Cost - Gross Wages. Direct Labor Cost - Gross Wages are based on the actual gross wage rates of assigned employees multiplied by the actual number of hours worked and directly charged to specific projects or jobs. B. Direct Labor Cost - Other. Direct Labor Cost - Other includes the costs of paid absences, such as vacations, sick pay and holidays, and are allocated by employee based on the direct time charged to associated companies. In the event there are no direct time charges available for this allocation, the direct time charges of all UNITIL Service employees are used to make this allocation. C. General Overhead Costs, including Indirect Labor. General Overhead Costs represent UNITIL Service Indirect Labor Costs and Administrative and General Expenses, and are allocated based on a monthly overhead rate applied against direct time charges. Indirect Labor Costs include pension costs, insurance, payroll taxes, employee savings plan, and similar payroll and benefit items. Administrative and General Expenses are those administrative and operating expenses incurred by UNITIL Service in providing services to associated companies which cannot be identified with or directly charged to a specific project or job. D. Direct Charges. Direct Charges are costs that are directly assignable based on the individual projects or jobs performed on behalf of associated companies, and are excluded from General Overheads. Direct Charges are billed at actual cost and include: Employee Travel, Meals, Lodging, and Other Related Expenses, Data Management Hardware Leases and Maintenance Costs, Telephone Lease, and other miscellaneous expenses. ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED Non applicable ANNUAL REPORT OF UNITIL SERVICE CORP. FORM U-13-60 For the Year Ended December 31, 1999 SIGNATURE CLAUSE Pursuant to the requirements of the Public Utility Holding Company Act of 1935 and the rules and regulations of the Securities and Exchange Commission issued thereunder, the undersigned company has duly caused this report to be signed on its behalf by the undersigned officer thereunto duly authorized, UNITIL Service Corp. (Name of Reporting Company) By:/s/ Anthony J. Baratta, Jr., CFO (Signature of Signing Officer) Anthony J. Baratta, Jr., CFO (Printed Name and Title of Signing Officer) Date: April 28, 2000 -----END PRIVACY-ENHANCED MESSAGE-----