-----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, KTUz8Pe24cTlkrTLqCjwKS3O+1xfRWe1kJp9AvUOQQoVTXdSSi3JARLhvNqjEzEk avnI5we7zpFbkDgGPSFojQ== 0000912057-01-007058.txt : 20010307 0000912057-01-007058.hdr.sgml : 20010307 ACCESSION NUMBER: 0000912057-01-007058 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AES CORPORATION CENTRAL INDEX KEY: 0000874761 STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991] IRS NUMBER: 541163725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09465 FILM NUMBER: 1559290 BUSINESS ADDRESS: STREET 1: 1001 N 19TH ST STREET 2: STE 2000 CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 7035221315 35-CERT 1 a2040381z35-cert.txt 35-CERT UNITED STATES OF AMERICA SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ) The AES Corporation ) File No. 70-9465 ) Certificate Pursuant to Rule 24 and Release No. 35-27063 Under the Public Utility Holding Company Act of 1935 On August 20, 1999, the Securities and Exchange Commission ("SEC") issued an order in this proceeding, Release No. 35-27063 in File No. 70-9465 ("Exemption Order"), granting an exemption under Section 3(a) of the Public Utility Holding Company Act of 1935, as amended, ("the Act") to The AES Corporation ("AES") in relation to its proposed acquisition of CILCORP Inc. ("CILCORP"), which has a public-utility subsidiary company, Central Illinois Light Company ("CILCO"). The Exemption Order required AES to file certain certificates (as described in the Exemption Order) under Rule 24 within 60 days of the close of each calendar quarter for a period of three years beginning September 30, 1999 and every six months thereafter. The requested certificate is set forth below (as an attachment) for the period ending December 31, 2000. Respectfully submitted, /s/ Earle H. O'Donnell ---------------------------------- Earle H. O'Donnell Julia Dryden English Andrew B. Young Dewey Ballantine LLP 1775 Pennsylvania Avenue, NW Washington, D.C. 20006 Dated: March 1, 2001 THE AES CORPORATION SEC FILING PURSUANT TO SECTION 3(a)(5) EXEMPTION ORDER QUARTER ENDED DECEMBER 31, 2000 ITEM (1) PER EXEMPTION ORDER (STATEMENTS ATTACHED): 1) Statement of Income of The AES Corporation for the 12 months ended December 31, 2000: a) 12 months ended December 31, 2000 GAAP consolidated income statement b) 12 months ended December 31, 2000 pro rata consolidated income statement 2) Balance Sheet of The AES Corporation at December 31, 2000 a) GAAP Basis Consolidated Balance Sheet b) Pro Rata Consolidated Balance Sheet 3) Statement of Income CILCORP Inc. for the 12 months ended December 31, 2000 4) Statement of Income CILCO for the 12 months ended December 31, 2000 5) Consolidated Balance Sheet of CILCORP Inc. at December 31, 2000 6) Consolidated Balance Sheet of CILCO at December 31, 2000 THE AES CORPORATION CONSOLIDATED STATEMENT OF OPERATIONS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2000 - GAAP BASIS
- ----------------------------------------------------------------------------------------------- TWELVE MONTHS % ENDED OF 12/31/2000 SALES - ----------------------------------------------------------------------------------------------- ($ in millions, except per share amounts) REVENUES: Sales and services $6,691 100% OPERATING COSTS AND EXPENSES: Cost of sales and services 4,991 75% Selling, general and administrative expenses 85 1% ----------------- TOTAL OPERATING COSTS AND EXPENSES 5,076 76% ----------------- OPERATING INCOME 1,615 24% OTHER INCOME AND (EXPENSE): Interest expense (1,299) -19% Interest and other income 245 4% Equity in earnings of affiliates (before income tax) 475 7% Environmental fine (17) 0% INCOME BEFORE INCOME TAXES AND MINORITY INTEREST 1,019 15% Income tax provision 252 4% Minority interest 119 2% ----------------- INCOME BEFORE EXTRAORDINARY ITEM 648 10% Extraordinary item, net of tax - Early extinguishment of debt (7) 0% ----------------- NET INCOME $ 641 10% =================
THE AES CORPORATION CONSOLIDATED STATEMENT OF OPERATIONS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2000 - PRO RATA BASIS
- ----------------------------------------------------------------------------------------------------- TWELVE MONTHS % ENDED OF 12/31/2000 SALES - ----------------------------------------------------------------------------------------------------- ($ in millions, except per share amounts) REVENUES: Sales and services $7,803 100% OPERATING COSTS AND EXPENSES: Cost of sales and services 5,759 74% Selling, general and administrative expenses 85 1% -------------- TOTAL OPERATING COSTS AND EXPENSES 5,844 75% -------------- OPERATING INCOME 1,959 25% OTHER INCOME AND (EXPENSE): Interest expense, net (1,176) -15% -------------- INCOME BEFORE INCOME TAXES AND EXTRAORDINARY ITEM 783 10% Income tax provision 135 2% -------------- INCOME BEFORE EXTRAORDINARY ITEM 648 8% Extraordinary item, net of tax - Early extinguishment of debt (7) 0% -------------- NET INCOME $ 641 8% ==============
THE AES CORPORATION GAAP BASIS CONSOLIDATED BALANCE SHEET DECEMBER 31, 2000 ($ in millions) ASSETS CURRENT ASSETS Cash and cash equivalents $ 881 Short-term investments 1,297 Accounts receivable, net 1,498 Inventory 499 Receivable from affiliates 27 Deferred income taxes 165 Contract Receivable 576 Prepaid expenses and other current assets 630 ---------- TOTAL CURRENT ASSETS 5,573 PROPERTY, PLANT AND EQUIPMENT Land 617 Electric generation and distribution assets 15,743 Accumulated depreciation and amortization (1,304) Construction in progress 2,790 ---------- PROPERTY, PLANT AND EQUIPMENT, NET 17,846 OTHER ASSETS Deferred financing costs, net 375 Project development costs 114 Investments in and advances to affiliates 3,122 Debt service reserves and other deposits 517 Electricity sales concessions and contracts 1,039 Goodwill 1,268 Other assets 1,179 ---------- TOTAL OTHER ASSETS 7,614 TOTAL $31,033 ========== LIABILITIES & STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $ 708 Accrued interest 404 Accrued and other liabilities 1,305 Other notes payable - current portion - Project financing debt - current portion 2,465 ---------- TOTAL CURRENT LIABILITIES 4,882 LONG-TERM LIABILITIES Project financing debt 12,241 Other notes payable 3,458 Deferred incomes taxes 1,632 Other long-term liabilities 1,399 ---------- TOTAL LONG-TERM LIABILITIES 18,730 Minority interest 1,382 TECONS 1,228 Preferred Stocks - STOCKHOLDERS' EQUITY Common Stock 5 Contributed capital / Additional paid in capital 4,721 Retained earnings 1,762 Accumulated other comprehensive loss (1,677) ---------- TOTAL STOCKHOLDERS' EQUITY 4,811 TOTAL $31,033 ==========
THE AES CORPORATION PRO RATA CONSOLIDATED BALANCE SHEET DECEMBER 31, 2000 ($ in millions) ASSETS CURRENT ASSETS Cash and cash equivalents $ 881 Short-term investments 1,297 Accounts receivable, net 1,498 Inventory 499 Receivable from affiliates 27 Deferred income taxes 165 Contract Receivable 576 Prepaid expenses and other current assets 630 ---------- TOTAL CURRENT ASSETS 5,573 PROPERTY, PLANT AND EQUIPMENT Land 617 Electric generation and distribution assets 15,743 Accumulated depreciation and amortization (1,304) Construction in progress 2,790 ---------- PROPERTY, PLANT AND EQUIPMENT, NET 17,846 OTHER ASSETS Deferred financing costs, net 375 Project development costs 114 Investments in and advances to affiliates 5,663 Debt service reserves and other deposits 517 Electricity sales concessions and contracts 1,039 Goodwill 1,268 Other assets 1,179 ---------- TOTAL OTHER ASSETS 10,155 TOTAL $33,574 ========== LIABILITIES & STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $ 874 Accrued interest 701 Accrued and other liabilities 1,234 Other notes payable - current portion 26 Project financing debt - current portion 2,659 ---------- TOTAL CURRENT LIABILITIES 5,494 LONG-TERM LIABILITIES Project financing debt 13,003 Other notes payable 3,458 Deferred incomes taxes 2,094 Other long-term liabilities 3,486 ---------- TOTAL LONG-TERM LIABILITIES 22,041 TECONS 1,228 STOCKHOLDERS' EQUITY Common Stock 5 Contributed capital / Additional paid in capital 4,721 Retained earnings 1,762 Accumulated other comprehensive loss (1,677) ---------- TOTAL STOCKHOLDERS' EQUITY 4,811 TOTAL $33,574 ==========
CILCORP Inc. and Subsidiaries Consolidated Statements of Income For the Year Ended December 31, 2000 (In thousands) Revenue: CILCO Electric $398,836 CILCO Gas 237,654 CILCO Other 48,354 Other Businesses 38,670 -------- Total 723,514 -------- Operating Expenses: Fuel for Generation and Purchased Power 208,271 Gas Purchased for Resale 174,777 Other Operations and Maintenance 117,028 Depreciation and Amortization 86,810 State and Local Revenue Taxes 27,589 Other Taxes 11,857 -------- Total 626,332 -------- Fixed Charges and Other: Interest Expense 71,752 Preferred Stock Dividends of Subsidiary 2,977 Allowance for Funds Used During Construction (533) Other 1,221 -------- Total 75,417 -------- Income from Continuing Operations Before Income Taxes 21,765 Income Taxes 10,380 -------- Net Income $ 11,385 Other Comprehensive Income (450) -------- Comprehensive Income $ 10,935 ========
Central Illinois Light Company Consolidated Statements of Income For the Year Ended December 31, 2000 (In thousands) Operating Revenues: Electric $398,836 Gas 237,654 -------- Total Operating Revenues 636,490 -------- Operating Expenses: Cost of Fuel 115,310 Cost of Gas 152,906 Purchased Power 47,388 Other Operations and Maintenance 109,574 Depreciation and Amortization 69,405 Income Taxes 29,878 State and Local Taxes on Revenue 27,589 Other Taxes 11,693 -------- Total Operating Expenses 563,743 -------- Operating Income 72,747 -------- Other Income and Deductions: Company-owned Life Insurance, Net (1,221) Other, Net (619) -------- Total Other Income and (Deductions) (1,840) -------- Income Before Interest Expenses 70,907 -------- Interest Expenses: Interest on Long-term Debt 17,516 Cost of Borrowed Funds Capitalized (533) Other 6,147 -------- Total Interest Expenses 23,130 -------- Net Income Before Preferred Dividends 47,777 Dividends on Preferred Stock 2,977 -------- Net Income Available for Common Stock $ 44,800 -------- Other Comprehensive Income (915) Comprehensive Income $ 43,885 ========
CILCORP Inc. and Subsidiaries Consolidated Balance Sheets
Assets (As of December 31) 2000 (In thousands) Current Assets: Cash and Temporary Cash Investments $ 11,743 Receivables, Less Reserves of $1,343 91,050 Accrued Unbilled Revenue 70,444 Fuel, at Average Cost 13,995 Materials and Supplies, at Average Cost 16,295 Gas in Underground Storage, at Average Cost 28,413 FAC Underrecoveries 1,153 PGA Underrecoveries 19,685 Prepayments and Other 5,563 ---------- Total Current Assets 258,341 ---------- Investments and Other Property: Investment in Leveraged Leases 140,936 Other Investments 21,056 ---------- Total Investments and Other Property 161,992 ---------- Property, Plant and Equipment: Utility Plant, at Original Cost Electric 695,220 Gas 218,710 ---------- 913,930 Less-Accumulated Provision for Depreciation 66,128 ---------- 847,802 Construction Work in Progress 29,213 Other, Net of Depreciation 144 ---------- Total Property, Plant and Equipment 877,159 ---------- Other Assets: Goodwill, Net of Accumulated Amortization of $18,422 594,544 Other 56,240 ---------- Total Other Assets 650,784 ---------- Total Assets $1,948,276 ==========
CILCORP Inc. and Subsidiaries Consolidated Balance Sheets
Liabilities and Stockholders' Equity (As of December 31) 2000 (In thousands) Current Liabilities: Current Portion of Long-Term Debt $ 17,500 Notes Payable 115,300 Accounts Payable 113,571 Accrued Taxes 20,170 Accrued Interest 18,496 Overrecoveries 8 Other 6,286 ---------- Total Current Liabilities 291,331 ---------- Long-Term Debt 720,481 ---------- Deferred Credits and Other Liabilities: Deferred Income Taxes 198,577 Regulatory Liability of Regulated Subsidiary 42,752 Deferred Investment Tax Credit 16,159 Freeman Contract Liability 90,574 Other 77,559 ---------- Total Deferred Credits 425,621 ---------- Preferred Stock of Subsidiary 41,120 ---------- Stockholders' Equity: Common Stock, no par value; Authorized 10,000 shares - Outstanding 1,000 shares -- Additional Paid-in Capital 468,833 Retained Earnings 1,340 Accumulated Other Comprehensive Income (450) ---------- Total Stockholders' Equity 469,723 ---------- Total Liabilities and Stockholders' Equity $1,948,276 ==========
Central Illinois Light Company Consolidated Balance Sheets Assets
As of December 31 2000 (In thousands) Utility Plant, At Original Cost: Electric $1,305,115 Gas 442,076 ---------- 1,747,191 Less-Accumulated Provision for Depreciation 926,091 ---------- 821,100 Construction Work in Progress 29,213 ---------- Total Utility Plant 850,313 ---------- Other Property and Investments: Cash Surrender Value of Company-owned Life Insurance (Net of Related Policy Loans of $59,292 in 2000) 3,497 Other 1,161 ---------- Total Other Property and Investments 4,658 ---------- Current Assets: Cash and Temporary Cash Investments 8,777 Receivables, Less Reserves of $1,343 60,148 Accrued Unbilled Revenue 64,339 Fuel, at Average Cost 13,995 Materials and Supplies, at Average Cost 15,807 Gas in Underground Storage, at Average Cost 28,413 Prepaid Taxes 5,588 FAC Underrecoveries 1,153 PGA Underrecoveries 19,685 Other 5,556 ---------- Total Current Assets 223,461 ---------- Deferred Debits: Unamortized Loss on Reacquired Debt 2,691 Unamortized Debt Expense 1,427 Prepaid Pension Cost 229 Other 24,661 ---------- Total Deferred Debits 29,008 ---------- Total Assets $1,107,440 ==========
Central Illinois Light Company Consolidated Balance Sheets Capitalization and Liabilities
As of December 31 2000 (In thousands) Capitalization: Common Shareholder's Equity: Common Stock, No Par Value; Authorized 20,000,000 Shares; Outstanding 13,563,871 Shares $ 185,661 Additional Paid in Capital 27,000 Retained Earnings 140,364 Accumulated Other Comprehensive Income (975) ---------- Total Common Shareholder's Equity 352,050 Preferred Stock Without Mandatory Redemption 19,120 Preferred Stock With Mandatory Redemption 22,000 Long-term Debt 245,482 ---------- Total Capitalization 638,652 ---------- Current Liabilities: Current Maturities of Long-Term Debt -- Notes Payable 67,300 Accounts Payable 96,315 Accrued Taxes 25,512 Accrued Interest 8,889 PGA Overrecoveries 8 Level Payment Plan -- Other 6,213 ---------- Total Current Liabilities 204,237 ---------- Deferred Liabilities and Credits: Accumulated Deferred Income Taxes 123,611 Regulatory Liability 42,752 Investment Tax Credits 16,159 Capital Lease Obligation 616 Other 81,413 ---------- Total Deferred Liabilities and Credits 264,551 ---------- Total Capitalization and Liabilities $1,107,440 ==========
ITEM (2) PER EXEMPTION ORDER (INCOME STATEMENT AMOUNTS ARE 12 MONTHS ENDED): CILCO/CILCORP CONTRIBUTIONS TO AES/CILCORP CONSOLIDATED HOLDING COMPANY (GAAP BASIS) ($MM)
- ---------------------------------------------------------------------------------------- 12 MOS. 12/31/00 12 MOS. 12/31/99 - ---------------------------------------------------------------------------------------- GROSS REVENUES %-CILCO 9.51% 15.14% CILCO 636 562 AES 6,691 3,253 AES/CILCORP 6,691 3,713 - ---------------------------------------------------------------------------------------- GROSS REVENUES %-CILCORP 10.82% 15.65% CILCORP (Including CILCO) 724 581 AES 6,691 3,253 AES/CILCORP 6,691 3,713 - ---------------------------------------------------------------------------------------- NET OPERATING REVENUES %-CILCO 8.42% 12.69% CILCO 414 376 AES 4,917 2,655 AES/CILCORP 4,917 2,962 - ---------------------------------------------------------------------------------------- NET OPERATING REVENUES %-CILCORP 8.78% 13.64% CILCORP (Including CILCO) 432 404 AES 4,917 2,655 AES/CILCORP 4,917 2,962 - ---------------------------------------------------------------------------------------- OPERATING INCOME %-CILCO 6.38% 5.78% CILCO 103 55 AES 1,615 925 AES/CILCORP 1,615 952 - ---------------------------------------------------------------------------------------- OPERATING INCOME %-CILCORP 6.01% 4.30% CILCORP (Including CILCO) 97 41 AES 1,615 925 AES/CILCORP 1,615 952 - ---------------------------------------------------------------------------------------- NET INCOME %-CILCO 6.86% 6.99% CILCO 44 16 AES 641 228 AES/CILCORP 641 229 - ---------------------------------------------------------------------------------------- NET INCOME %-CILCORP 1.72% -0.44% CILCORP (Including CILCO) 11 (1) AES 641 228 AES/CILCORP 641 229 - ---------------------------------------------------------------------------------------- NET ASSETS %-CILCO 3.57% 4.86% CILCO 1,107 1,056 AES 31,033 21,744 AES/CILCORP 31,033 21,744 - ---------------------------------------------------------------------------------------- NET ASSETS %-CILCORP 6.28% 8.42% CILCORP (Including CILCO) 1,948 1,831 AES 31,033 21,744 AES/CILCORP 31,033 21,744 - ----------------------------------------------------------------------------------------
CILCO/CILCORP CONTRIBUTIONS TO AES/CILCORP CONSOLIDATED HOLDING COMPANY (PRO RATA CONSOLIDATION BASIS) ($MM)
- --------------------------------------------------------------------------------------- 12 MOS. 12/31/00 12 MOS. 12/31/99 - --------------------------------------------------------------------------------------- GROSS REVENUES %-CILCO 8.15% 11.78% CILCO 636 562 AES 7,803 4,309 AES/CILCORP 7,803 4,769 - --------------------------------------------------------------------------------------- GROSS REVENUES %-CILCORP 9.28% 12.18% CILCORP (Including CILCO) 724 581 AES 7,803 4,309 AES/CILCORP 7,803 4,769 - --------------------------------------------------------------------------------------- NET OPERATING REVENUES %-CILCO 7.47% 9.49% CILCO 414 376 AES 5,544 3,656 AES/CILCORP 5,544 3,963 - --------------------------------------------------------------------------------------- NET OPERATING REVENUES %-CILCORP 7.79% 10.19% CILCORP (Including CILCO) 432 404 AES 5,544 3,656 AES/CILCORP 5,544 3,963 - --------------------------------------------------------------------------------------- OPERATING INCOME %-CILCO 5.26% 4.29% CILCO 103 55 AES 1,959 1,256 AES/CILCORP 1,959 1,283 - --------------------------------------------------------------------------------------- OPERATING INCOME %-CILCORP 4.95% 3.20% CILCORP (Including CILCO) 97 41 AES 1,959 1,256 AES/CILCORP 1,959 1,283 - --------------------------------------------------------------------------------------- NET INCOME %-CILCO 6.86% 6.99% CILCO 44 16 AES 641 228 AES/CILCORP 641 229 - --------------------------------------------------------------------------------------- NET INCOME %-CILCORP 1.72% -0.44% CILCORP (Including CILCO) 11 (1) AES 641 228 AES/CILCORP 641 229 - --------------------------------------------------------------------------------------- NET ASSETS %-CILCO 3.30% 4.64% CILCO 1,107 1,056 AES 33,574 22,759 AES/CILCORP 33,574 22,759 - --------------------------------------------------------------------------------------- NET ASSETS %-CILCORP 5.80% 8.05% CILCORP (Including CILCO) 1,948 1,831 AES 33,574 22,759 AES/CILCORP 33,574 22,759 - ---------------------------------------------------------------------------------------
ITEM (3) PER EXEMPTION ORDER - GENERATION INFORMATION: AES Generating Plants in Operation at December 31, 2000 (excluding CILCO):
AES AES Capacity Interest Equity Regulatory Unit Country (MW) (%) (MW) Status ------- ---- --- ---- ------ AES Deepwater USA 143 100.00 143.00 QF AES Beaver Valley USA 125 100.00 125.00 QF AES Placerita USA 120 100.00 120.00 QF AES Thames USA 181 100.00 181.00 QF AES Shady Point USA 320 100.00 320.00 QF AES Hawaii USA 180 100.00 180.00 QF AES Warrior Run USA 180 100.00 180.00 QF AES Eastern Energy (4 plants) USA 1,268 100.00 1,268.00 EWG AES Alamitos USA 2,083 100.00 2,083.00 EWG AES Redondo Beach USA 1,310 100.00 1,310.00 EWG AES Huntington Beach USA 563 100.00 563.00 EWG AES Kingston Canada 110 50.00 55.00 EWG AES San Nicholas Argentina 650 69.00 448.50 EWG AES Cabra Corral Argentina 102 98.00 99.96 FUCO AES El Tunal Argentina 10 98.00 9.80 FUCO AES Sarmiento Argentina 33 98.00 32.34 FUCO AES Ullum Argentina 45 98.00 44.10 FUCO AES Quebrada Argentina 45 100.00 45.00 FUCO AES Alicura Argentina 1,000 98.00 980.00 FUCO Fontes Nova-Light Brazil 144 21.00 30.24 FUCO Ilha dos Pombos - Light Brazil 164 21.00 34.44 FUCO Nilo Pecanha - Light Brazil 380 21.00 79.80 FUCO Pereira Passos - Light Brazil 100 21.00 21.00 FUCO CEMIG (37 plants) Brazil 5,668 8.70* 493.12 FUCO EGE Bayano (2 plants) Panama 187 49.00 91.63 FUCO EGE Chiriqui (2 plants) Panama 90 49.00 44.10 FUCO AES Los Mina Dom. Rep. 210 100.00 210.00 EWG ECOGEN (2 plants) Australia 959 100.00 959.00 FUCO AES Mt. Stuart Australia 288 100.00 288.00 FUCO AES Xiangci - Cili China 26 51.00 13.26 FUCO Wuhu China 250 25.00 62.50 FUCO Yangchun China 15 25.00 3.75 FUCO Chengdu Lotus City China 48 35.00 16.80 FUCO AES Jiaozou China 250 70.00 175.00 FUCO AES Hefei (2 plants) China 115 70.00 80.50 FUCO AES Chongqing Nanchuan China 50 70.00 35.00 FUCO AES Ekibastuz Kazakhstan 4,000 100.00 4,000.00 FUCO AES Ust-Kamenogorsk GES Kazakhstan 331 100.00 331.00 FUCO AES Shulbinsk GES Kazakhstan 702 100.00 702.00 FUCO AES Ust-Kamenogorsk TETS Kazakhstan 1,464 100.00 1,464.00 FUCO AES Leninogorsk TETS Kazakhstan 418 100.00 418.00 FUCO AES Sogrinsk TETS Kazakhstan 349 100.00 349.00 FUCO AES Semiplatinsk TETS Kazakhstan 510 100.00 510.00 FUCO OPGC India 420 49.00 205.80 FUCO AES Lal Pir Pakistan 351 90.00 315.90 FUCO AES Pak Gen Pakistan 344 90.00 309.60 FUCO AES Borsod Hungary 171 100.00 171.00 FUCO
AES Tisza II Hungary 860 100.00 860.00 FUCO AES Tiszapalkonya Hungary 250 100.00 250.00 FUCO AES Elsta Netherlands 405 50.00 202.50 FUCO Medway U.K. 688 25.00 172.00 FUCO AES Indian Queens U.K. 140 100.00 140.00 EWG Kilroot U.K. 520 97.00 504.40 FUCO Belfast West U.K. 120 97.00 116.40 FUCO AES Barry U.K. 230 100.00 230.00 FUCO AES Drax Power Ltd. U.K. 4,065 100.00 4,065.00 FUCO AES Tiete (10 plants) Brazil 2,650 44.00 1,166.00 FUCO AES Uruguaiana Brazil 600 100.00 600.00 FUCO AES Gardabani Georgia 600 100.00 600.00 FUCO AES Khrami I Georgia 113 100.00 113.00 FUCO AES Khrami II Georgia 110 100.00 110.00 FUCO EDC (7 plants) Venezuela 2,265 87.00 1,970.55 FUCO AES Merida III Mexico 484 55.00 266.20 FUCO AES Fifoots Points U.K. 360 100.00 360.00 FUCO AES Mamonal Colombia 90 62.00 55.80 FUCO AES Termo Candelaria Colombia 314 100.00 314.00 FUCO AES Centrogener (8 plants) Chile 756 96.00 725.76 FUCO AES Chivor Colombia 1,000 96.00 960.00 FUCO AES Electrica de Santiago Chile 379 72.00 272.88 FUCO AES Energia Verde Chile 17 96.00 16.32 FUCO Guacolda Chile 304 48.00 145.92 FUCO AES Norgener Chile 277 96.00 265.92 FUCO Itabo Dom. Rep. 587 24.00 140.88 FUCO TOTAL - September 30, 2000 44,656 34,225.67 Pct. Of Foreign Generation 85.50% 81.09%
* CEMIG owns 9% of 36 plants accounting for 5,458 MW and 1% of 1 plant accounting for 210 MW. CILCO Generating Plants at December 31, 2000:
AES AES Capacity Interest Equity Regulatory Unit Country (MW) (%) (MW) Status ------- ---- --- ---- ------ Edwards (3 units) USA 740 100.00 740 IL PUC Duck Creek USA 366 100.00 366 IL PUC Indian Trails USA 10 100.00 10 IL PUC Sterling Avenue USA 30 100.00 30 IL PUC Hallock Power Modules USA 13 100.00 13 IL PUC Kickapoo Power Modules USA 13 100.00 13 IL PUC ------- ------- TOTAL - September 30, 2000 1,172 1,172
Revenues from generation capacity - 12 months ended December 31, 2000: CILCO 160 3% AES (excluding CILCO) 4,655 97% ----- --- Total 4,815 100%
CILCO's electric revenues are allocated between electric generation and electric distribution activities according to utility rate base. AES generation revenues are derived from the total generation revenues earned by AES subsidiaries times the percentage ownership interest of AES in those subsidiaries. There has been no change in the amount of capacity owned by CILCO and a 4,171 MW increase in the amount of capacity owned by AES from 30,054.67 to 34,225.67 MW since September 30, 2000. There has also been a 9.4% increase in the total revenues earned from the capacity owned by AES and CILCO since September 30, 2000. The percentage of total revenues derived from the capacity owned by CILCO has decreased from 4% to 3%. The physical location of the MW capacity added by AES since September 30, 2000 is in the United Kingdom, Chile, Colombia and the Dominican Republic. ITEM (4) PER EXEMPTION ORDER - ELECTRIC AND GAS DISTRIBUTION: CILCO elec/gas transmission/distribution assets at December 31, 2000 793 Total AES (excl CILCO) electric distr. assets at December 31, 2000 15,159 ------ Total transmission and distribution assets 15,952 CILCO elec/gas transm/distr revenues - 12 mos. December 31, 2000 477 AES (excl CILCO) electric distr. revenues - 12 mos. December 31, 2000 3,148 ----- Total electric/gas transm/distr. revenues 3,625
CILCO's electric revenues are allocated between electric generation and electric distribution activities according to utility rate base. AES distribution revenues are derived from the total distribution revenues earned by AES subsidiaries times the percentage ownership interest of AES in those subsidiaries. The total transmission and distribution assets owned by AES and CILCO has decreased by 3.1% since September 30, 2000 and the total revenues derived from such assets has decreased by 15.1% since September 30, 2000. CILCO's transmission and distribution assets and the revenues derived from such assets have increased somewhat since September 30, 2000 while AES' transmission and distribution assets and the revenues derived from such assets have decreased since September 30, 2000. Accordingly, CILCO's percentage of the total transmission and distribution assets has increased slightly from 4.6% to 5.0% and CILCO's percentage of the total revenues from such assets has also increased from 9.7% to 13.2% since September 30, 2000. ITEM (5) PER EXEMPTION ORDER: CILCO has not sold or transferred any electric and/or gas utility assets to any affiliate company of the AES consolidated holding company system. ITEM (6) PER EXEMPTION ORDER: No application has been made to nor has any order been received from the Illinois Commerce Commission that involves AES' ownership position or AES' oversight over the operations of CILCO or CILCORP. SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, as amended, AES has duly caused this certificate to be signed on its behalf on this 1st day of March, 2001 by the undersigned thereunto duly authorized. The AES Corporation By: /s/ WILLIAM R. LURASCHI ----------------------- William R. Luraschi General Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----