-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, TQVfldNPQR8+/GB35CApziAkzJvbUlK3v6I80GxmxQwiDshZl3Dm/LhTYWDm9+cw fMHVuaxnzEJ3RBkiFSfkvA== 0000008154-95-000011.txt : 19950302 0000008154-95-000011.hdr.sgml : 19950302 ACCESSION NUMBER: 0000008154-95-000011 CONFORMED SUBMISSION TYPE: U-3A-2 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19941231 FILED AS OF DATE: 19950228 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTA GAS LIGHT CO CENTRAL INDEX KEY: 0000008154 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 580145925 STATE OF INCORPORATION: GA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: U-3A-2 SEC ACT: 1935 Act SEC FILE NUMBER: 069-00348 FILM NUMBER: 95516179 BUSINESS ADDRESS: STREET 1: 303 PEACHTREE ST NE STREET 2: ONE PEACHTREE CENTER CITY: ATLANTA STATE: GA ZIP: 30308 BUSINESS PHONE: 4045844000 MAIL ADDRESS: STREET 1: PO BOX 4569 CITY: ATLANTA STATE: GA ZIP: 30302 U-3A-2 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form U-3A-2 File No. . . . . .69-348 Statement by Holding Company Claiming Exemption Under Rule U-3A-2 from the Provisions of the Public Utility Holding Company Act of 1935 To be Filed Annually Prior to March 1 ATLANTA GAS LIGHT COMPANY (Name of Company) hereby files with the Securities and Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information: 1. Name, State of organization, location and nature of business of claimant and every subsidiary thereof, other than any exempt wholesale generator (EWG) or foreign utility company in which claimant directly or indirectly holds an interest. Atlanta Gas Light Company ("claimant") is a Georgia corporation organized in 1856 and has its principal executive office at 303 Peachtree Street, Atlanta, Georgia 30308. Claimant's principal business is the distribution of natural gas to customers in central, northwest, northeast and southeast Georgia. The claimant has five wholly-owned subsidiaries: (a) Chattanooga Gas Company, a Tennessee corporation ("Chattanooga Gas"), organized to operate a natural gas distribution system in the cities of Chattanooga and Cleveland, Tennessee and surrounding areas; (b) Georgia Gas Company, a Georgia corporation that has working interests in gas production activities; (c) Trustees' Investments, Inc., a Georgia corporation that participates in residential and small office real estate developments; (d) Georgia Gas Service Company, a Georgia corporation that provides propane gas service to portions of northwest Georgia, Hinesville, and Waycross, Georgia and Cedar Bluff, Alabama; and (e) Georgia Energy Company, a Georgia corporation that provides natural gas vehicle conversion services. 2. A brief description of the properties of claimant and each of its subsidiary public utility companies used for the generation, transmission, and distribution of electric energy for sale, or for the production, transmission and distribution of natural or manufactured gas, indicating the location of principal generating plants, transmission lines, producing fields, gas manufacturing plants, and electric and gas distribution facilities, including all such properties which are outside the State in which claimant and its subsidiaries are organized and all transmission or pipelines which deliver or receive electric energy or gas at the borders of such State. (a) Description of properties of claimant: Claimant's properties consist primarily of natural gas distribution systems and related facilities and local offices serving 229 cities and surrounding areas in the State of Georgia. As of December 31, 1994, the Company had 26,510 miles of mains, 5,952,423 Mcf. of liquefied natural gas storage capacity in three facilities located in Cherokee County, Georgia, Riverdale, Georgia and Macon, Georgia and liquefied petroleum gas storage capacity of 7,092,575 gallons for use in two peak shaving plants located within the State of Georgia that supply propane-air gas to supplement the gas supply in very cold weather or emergencies. (b) Claimant's wholly-owned subsidiary, Chattanooga Gas, operates a natural gas distribution system and related facilities and local offices in the cities of Chattanooga and Cleveland, Tennessee and surrounding areas. As of December 31, 1994, Chattanooga Gas had 1,579 miles of mains and 1,076,276 Mcf. of liquefied natural gas storage capacity in one facility located in Chattanooga, Tennessee to supplement the gas supply in very cold weather or emergencies. 3. The following information for the last calendar year with respect to claimant and each of its subsidiary public utility companies: (a) Number of kwh. of electric energy sold (at retail or wholesale), and Mcf. of natural or manufactured gas distributed at retail. Claimant Subsidiary Atlanta Gas Light Company Chattanooga Gas Company 166,900,136 Mcf. 12,335,593 Mcf. (b) Number of kwh. of electric energy and Mcf. of natural or manufactured gas distributed at retail outside the State in which each company is organized. NA NA (c) Number of kwh. of electric energy and Mcf. of natural or manufactured gas sold at wholesale outside the State in which each such company is organized, or at the State line. NA NA (d) Number of kwh. of electric energy and Mcf. of natural or manufactured gas purchased outside the State in which each such company is organized or at the State line. Purchased at State Line Purchased at State Line or at City Gate or at City Gate Metering Stations Metering Stations in Georgia in Tennessee 3,217,033 Mcf. None Purchased outside the Purchased outside the State of Georgia State of Tennessee 166,961,733 Mcf. 12,443,262 Mcf. 4. The following information for the reporting period with respect to claimant and each interest it holds directly or indirectly in an EWG or a foreign utility company, stating monetary amounts in United States dollars: (a) Name, location, business address and description of the facilities used by the EWG or foreign utility company for the generation, transmission and distribution of electric energy for sale or for the distribution at retail of natural or manufactured gas. None None (b) Name of each system company that holds an interest in such EWG or foreign utility company; and description of the interest held. None None (c) Type and amount of capital invested, directly or indirectly, by the holding company claiming exemption; any direct or indirect guarantee of the security of the EWG or foreign utility company by the holding company claiming exemption; and any debt or other financial obligation for which there is recourse, directly or indirectly, to the holding company claiming exemption or another system company, other than the EWG or foreign utility company. None None (d) Capitalization and earnings of the EWG or foreign utility company during the reporting period. None None (e) Identify any service, sales or construction contract(s) between the EWG or foreign utility company and a system company, and describe the services to be rendered or goods sold and fees or revenues under such agreement(s). None None EXHIBIT A A consolidating statement of income and surplus of the claimant and its subsidiary companies for the last calendar year, together with a consolidating balance sheet of claimant and its subsidiary companies as of the close of such calendar year. The following financial statements of claimant and its subsidiary companies are attached hereto as Exhibit A: Condensed Consolidating Income Statements (Unaudited) for the Twelve Months Ended December 31, 1994 Condensed Consolidating Earnings Reinvested Statements (Unaudited) for the Twelve Months Ended December 31, 1994 Condensed Consolidated Balance Sheets (Unaudited) as of December 31, 1994 The above-named claimant has caused this statement to be duly executed on its behalf by its authorized officer on this 28th day of February, 1995. ATLANTA GAS LIGHT COMPANY (Name of Claimant) By /s/ J. Michael Riley J. Michael Riley Vice President Finance & Accounting [Corporate Seal of Atlanta Gas Light Company Appears Here] CORPORATE SEAL Attest: /s/ Melanie M. Platt Melanie McGee Platt Corporate Secretary Name, title, and address of officer to whom notices and correspondence concerning this statement should be addressed: J. Michael Riley Vice President-Finance & Accounting (Name) (Title) P.O. Box 4569, Atlanta, Georgia 30302 (Address) EXHIBIT B. Financial Data Schedule If, at the time a report on this form is filed, the registrant is required to submit this report and any amendments thereto electronically via EDGAR, the registrant shall furnish a Financial Data Schedule. The Schedule shall set forth the financial and other data specified below that are applicable to the registrant on a consolidated basis. Item No. Caption Heading 1 Total Assets 2 Total Operating Revenues 3 Net Income EXHIBIT C An organizational chart showing the relationship of each EWG or foreign utility company to associate companies in the holding- company system. None
ATLANTA GAS LIGHT COMPANY AND SUBSIDIARIES Condensed Consolidating Income Statements (Unaudited) For the Twelve Months Ended December 31, 1994 (Millions) Reclassifications and Eliminations Atlanta Gas Light Trustees Georgia Gas Company Before Georgia Gas Investments Service Chattanooga Consolidated Consolidation Company Inc. GA Energy Company Gas Company Debit Credit Balances ----------------------------------------------------------------------------- ------------ Operating Revenues $1,094.6 $72.2 $1,166.8 Cost of Gas 649.5 45.7 695.2 ----------------------------------------------------------------------------- ------------ Operating Margin 445.1 0.0 0.0 0.0 0.0 26.5 471.6 ----------------------------------------------------------------------------- ------------ Other Operating Expenses Operating Expenses 304.5 17.5 0.2 322.2 Restructuring Costs 44.5 44.5 ----------------------------------------------------------------------------- ------------ Total Other Operating Expenses 349.0 17.5 366.7 Income Taxes 22.8 2.6 4.3 21.1 ----------------------------------------------------------------------------- ------------ Operating Income 73.3 0.0 0.0 0.0 0.0 6.4 83.8 ----------------------------------------------------------------------------- ------------ Other Income: Other Income and Deductions 13.6 0.1 0.1 0.6 (0.1) 9.6 0.3 5.0 Income Taxes 1.7 (1.7) ----------------------------------------------------------------------------- ------------ Other Income - Net 13.6 0.1 0.1 0.0 0.6 (0.1) 3.3 ----------------------------------------------------------------------------- ------------ Income Before Interest Charges 86.9 0.1 0.1 0.0 0.6 6.3 87.1 Interest Charges 48.2 1.7 1.5 48.4 ----------------------------------------------------------------------------- ------------ Net Income 38.7 0.1 0.1 0.0 0.6 4.6 11.5 6.1 38.7 Dividends on Preferred Stock 4.5 4.5 ----------------------------------------------------------------------------- ------------ Earnings Applicable to Common Stock $34.2 $0.1 $0.1 $0.0 $0.6 $4.6 $34.2 ============================================================================= ============ Exhibit A Page 1 of 4
ATLANTA GAS LIGHT COMPANY AND SUBSIDIARIES Condensed Consolidating Earnings Reinvested Statements (Unaudited) For the Twelve Months Ended December 31, 1994 (Millions) Reclassifications and Eliminations Atlanta Gas Light Trustees Georgia Gas Company Before Georgia Gas Investments Service Chattanooga Consolidated Consolidation Company Inc. GA Energy Company Gas Company Debit Credit Balances ----------------------------------------------------------------------------- ------------ Earnings Reinvested at Beginning of Period $155.9 $14.8 ($1.2) ($0.1) $1.4 $17.1 33.3 1.3 $155.9 Net Income 38.7 0.1 0.1 0.0 0.6 4.6 11.5 6.1 38.7 ----------------------------------------------------------------------------- ------------ Total 194.6 14.9 (1.1) (0.1) 2.0 21.7 194.6 ----------------------------------------------------------------------------- ------------ Dividends Preferred Stock 4.5 4.5 Common Stock 52.6 52.6 Expenses of Issuing Capital Stock 0.0 0.0 ----------------------------------------------------------------------------- ------------ Total 57.1 0.0 0.0 0.0 0.0 0.0 57.1 ----------------------------------------------------------------------------- ------------ Earnings Reinvested at End of Period $137.5 $14.9 ($1.1) ($0.1) $2.0 $21.7 44.8 7.4 $137.5 ============================================================================= ============ Page 2 of 4
ATLANTA GAS LIGHT COMPANY AND SUBSIDIARIES Condensed Consolidating Balance Sheets (Unaudited) as of December 31, 1994 (Millions) Reclassifications and Eliminations Atlanta Gas Light Trustees Georgia Gas Company Before Georgia Gas Investments Service Chattanooga Consolidated ASSETS Consolidation Company Inc. GA Energy Company Gas Company Debit Credit Balances - ------ ----------------------------------------------------------------------------- ------------ Utility Plant $1,721.1 $129.8 3.4 $1,847.5 Less Accumulated Depreciation 521.4 37.6 559.0 ----------------------------------------------------------------------------- ------------ Utility Plant-Net 1,199.7 0.0 0.0 0.0 0.0 92.2 1,288.5 Other Property and Investments(less accumulated depreciation) 116.0 14.9 6.1 0.2 4.8 5.2 128.5 18.7 ----------------------------------------------------------------------------- ------------ Current Assets Cash 0.4 2.6 0.2 3.2 Temporary Cash Investments 1.0 1.0 Receivables-Net 188.1 0.1 0.4 12.0 13.1 187.5 Inventories Natural Gas Stored Underground 97.8 6.1 103.9 Liquefied Petroleum Gas 3.1 0.2 3.3 Liquefied Natural Gas 14.6 2.0 0.9 17.5 Merchandise 2.9 0.2 0.1 3.2 Materials and Supplies 8.6 0.1 0.2 0.4 9.3 Other 7.9 0.7 0.2 8.4 ----------------------------------------------------------------------------- ------------ Total Current Assets 323.4 0.0 0.0 0.2 3.6 22.5 337.3 ----------------------------------------------------------------------------- ------------ Deferred Debits: Unrecovered Environmental Response Costs 29.4 29.4 Other Deferred Debits 35.4 (1.9) 6.1 39.6 ----------------------------------------------------------------------------- ------------ Total Deferred Debits 64.8 (1.9) 69.0 ----------------------------------------------------------------------------- ------------ Total $1,703.9 $14.9 $6.1 $0.4 $8.4 $112.8 $1,713.5 ============================================================================= ============ Page 3 of 4
ATLANTA GAS LIGHT COMPANY AND SUBSIDIARIES Condensed Consolidating Balance Sheets (Unaudited) (Continued) as of December 31, 1994 (Millions) Reclassifications and Eliminations Atlanta Gas Light Trustees Georgia Gas CAPITALIZATION Company Before Georgia Gas Investments Service Chattanooga Consolidated AND LIABILITIES Consolidation Company Inc. GA Energy Company Gas Company Debit Credit Balances - --------------- ----------------------------------------------------------------------------- ------------ Capitalization: Common Stock $128.0 $128.0 Premium on Capital Stock 245.8 0.1 0.1 245.8 Earnings Reinvested 137.5 14.9 (1.1) (0.1) 2.0 21.7 38.6 1.2 137.5 ----------------------------------------------------------------------------- ------------ Total Common Stock Equity 511.3 14.9 (1.0) (0.1) 2.0 21.7 511.3 ----------------------------------------------------------------------------- ------------ Preferred Stock 58.5 58.5 Long-Term Debt 554.5 7.5 0.4 4.4 35.3 47.6 554.5 ----------------------------------------------------------------------------- ------------ Total Capitalization 1,124.3 14.9 6.5 0.3 6.4 57.0 1,124.3 ----------------------------------------------------------------------------- ------------ Current Liabilities Redemption Requirements on Preferred Stock 0.3 0.3 Long-Term Debt Due Within One Year 15.0 15.0 Short-Term Debt 148.6 0.1 0.7 38.1 38.9 148.6 Accounts Payable 47.5 0.1 0.3 4.5 0.7 51.7 Deferred Purchased Gas Adjustment 30.7 2.6 33.3 Accrued Pension Costs 20.2 20.2 Accrued Postretirement Benefits Costs 23.0 23.0 Other 85.6 0.1 (0.1) 0.2 8.5 9.5 0.6 85.4 ----------------------------------------------------------------------------- ------------ Total Current Liabilities 370.9 0.0 0.1 0.1 1.2 51.1 377.5 ----------------------------------------------------------------------------- ------------ Accrued Environmental Response Costs 24.1 24.1 ----------------------------------------------------------------------------- ------------ Deferred Credits 39.0 1.0 0.6 26.7 66.1 ----------------------------------------------------------------------------- ------------ Accumulated Deferred Income Taxes 145.6 (0.5) 0.8 2.3 26.7 121.5 ----------------------------------------------------------------------------- ------------ Contributions in aid of construction 1.4 1.4 0.0 ----------------------------------------------------------------------------- ------------ Total $1,703.9 $14.9 $6.1 $0.4 $8.4 $112.8 $176.3 $176.3 $1,713.5 ============================================================================= ============ Page 4 of 4
EX-27 2 OPUR3 FDS FOR FORM U-3A-2
OPUR3 1,000,000 12-MOS SEP-30-1995 JAN-01-1994 DEC-31-1994 PER-BOOK 1714 1167 39
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