-----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, CE2YaQkfbt8436O/ez1sqaw8leRX6Za3UO2ewe2yoWbHIS37J4aBkjgMLAnEzYYs NDlkLVCa12BU0IpjgTiOmQ== 0000081018-97-000019.txt : 19970725 0000081018-97-000019.hdr.sgml : 19970725 ACCESSION NUMBER: 0000081018-97-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970702 ITEM INFORMATION: Other events FILED AS OF DATE: 19970724 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF COLORADO CENTRAL INDEX KEY: 0000081018 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 840296600 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03280 FILM NUMBER: 97644737 BUSINESS ADDRESS: STREET 1: 1225 17TH ST STE 300 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: P O BOX 840 STE 300 CITY: DENVER STATE: CO ZIP: 80201 8-K 1 PSCO'S WINDFALL TAX INFORMATION RELATED TO YEG. - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) of the SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) July 2, 1997 PUBLIC SERVICE COMPANY OF COLORADO ---------------------------------------- (Exact Name of Registrant as Specified in Charter) Colorado -------------------- (State or Other Jurisdiction of Incorporation) 1-3280 84-0296600 ---------------- ----------------- (Commission File No.) (IRS Employer Identification No.) 1225 Seventeenth Street, Denver, Colorado 80202 --------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code(303) 571-7511 - -------------------------------------------------------------------------------- ITEM 5. Other Events On July 2, 1997, the United Kingdom's Labour Party proposed a budget that includes a windfall tax on certain privatized business entities. Public Service Company of Colorado (PSCo) and American Electric Power Company (AEP) through equal shares in a joint venture own Yorkshire Electricity Group plc, a privatized electric distribution company in the United Kingdom. The windfall tax liability for Yorkshire Electricity Group plc is estimated to be 135 million pounds sterling ($222 million). The tax is expected to be enacted in the third quarter of 1997 and would be payable in two installments with the first in December 1997 and the second installment a year later. PSCo's share of the proposed tax is estimated to be approximately $111 million. The net earnings effect on PSCo of the proposed tax is currently being assessed and is expected to be recorded when the proposed tax is enacted. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PUBLIC SERVICE COMPANY OF COLORADO /s/ R. C. Kelly ----------------------------- R. C. Kelly Senior Vice President, Finance, Treasurer and Chief Financial Officer Dated: July 24, 1997 2 -----END PRIVACY-ENHANCED MESSAGE-----