-----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, i6dTZ1u/U7Mx5/L63MesG76XlIbNu9csNysdFTL3CZFqieUGzEcAEwVBpTxVpkz9 yT0DtbjpFZZEdB0x/zYmOg== 0000899652-95-000039.txt : 19950621 0000899652-95-000039.hdr.sgml : 19950621 ACCESSION NUMBER: 0000899652-95-000039 CONFORMED SUBMISSION TYPE: U5B/A PUBLIC DOCUMENT COUNT: 32 FILED AS OF DATE: 19950620 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CINERGY CORP CENTRAL INDEX KEY: 0000899652 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 311385023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U5B/A SEC ACT: 1935 Act SEC FILE NUMBER: 001-11377 FILM NUMBER: 95547988 BUSINESS ADDRESS: STREET 1: 139 E FOURTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5133812000 MAIL ADDRESS: STREET 1: 139 E FOURTH STREET CITY: CINCINATI STATE: OH ZIP: 45202 U5B/A 1 AMENDMENT 1 TO FORM U5B Commission File No. 1-11377 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM U5B REGISTRATION STATEMENT AMENDMENT NO. 1 Filed Pursuant to Section 5 of the Public Utility Holding Company Act of 1935 CINergy Corp. Name of Registrant Name, Title and Address of Officer to whom Notices and Correspondence concerning this Statement should be Addressed Cheryl M. Foley, Esq. Vice President, General Counsel and Corporate Secretary CINergy Corp. 139 East Fourth Street Cincinnati, Ohio 45202 Glossary of Defined Terms CG&E The Cincinnati Gas & Electric Company, an Ohio corporation and a subsidiary of CINergy CINergy CINergy Corp., a Delaware corporation Commission Securities and Exchange Commission Energy PSI Energy, Inc., an Indiana corporation and a subsidiary of CINergy ULH&P The Union Light, Heat and Power Company, a Kentucky corporation and a subsidiary of CG&E PUCO Public Utilities Commission of Ohio KPSC Kentucky Public Service Commission IURC Indiana Utility Regulatory Commission EXHIBIT D. A consolidating statement of income and surplus of the registrant and its subsidiary companies for its last fiscal year ending prior to the date of filing this registration statement, together with a consolidating balance sheet of the registrant and its subsidiary companies as of the close of such fiscal year. See Exhibit D hereto. EXHIBIT F. Furnish an accurate copy of each annual report for the last fiscal year ending prior to the date of the filing of this registration statement, which the registrant and each subsidiary company thereof has previously submitted to its stockholders. For companies for which no reports are submitted the reason for omission should be indicated; provided that electronic filers shall submit such reports in paper format only under cover of Form SE. See Exhibit F hereto. EXHIBIT G. Furnish a copy of each annual report which the registrant and each public utility subsidiary company thereof shall have filed with any State commission having jurisdiction to regulate public utility companies for the last fiscal year ending prior to the date of filing this registration statement. If any such company shall have filed similar reports with more than one such State commission, the registrant need file a copy of only one of such reports provided that notation is made of such fact, giving the names of the different commissions with which such report was filed, and setting forth any differences between the copy submitted and the copies filed with such other commissions. In the event any company submits an annual report to the Federal Power Commission but not to a State commission, a copy of such report should be furnished. In the case of a registrant or any public utility subsidiary company for which no report is appended the reasons for such omission should be indicated such as "No such reports required or filed; " provided that electronic filers shall submit such reports in paper format only under cover of Form SE. See Exhibits G-1 through G-7 hereto. This amendment to CINergy`s registration statement comprises: (a) A cover page, followed by pages numbered 2 to 5, consecutively. (b) The following Exhibits: the Exhibits shown on the attached exhibit index. INDEX OF EXHIBITS EXHIBIT NUMBER DESCRIPTION D Consolidating statements of income and retained earnings of CINergy and its subsidiary companies for the year ending December 31, 1994, and consolidating balance sheet of CINergy and its subsidiary companies as of December 31, 1994. F 1994 Annual Report to Shareholders of CINergy (filed under cover of Form SE). G-1 1994 FERC Form No. 1 of CG&E as filed with the PUCO (filed under cover of Form SE). G-2 1994 FERC Form No. 2 of CG&E as filed with the PUCO (filed under cover of Form SE). G-3 1994 FERC Form No. 1 of ULH&P as filed with the KPSC (filed under cover of Form SE). G-4 1994 FERC Form No. 2 of ULH&P as filed with the KPSC (filed under cover of Form SE). G-5 1994 FERC Form No. 1 of Energy as filed with the IURC (filed under cover of Form SE). G-6 1994 annual report of West Harrison submitted to the IURC (filed under cover of Form SE). G-7 1994 annual report of Lawrenceburg submitted to the IURC (filed under cover of Form SE). 27 Financial Data Schedules (included in electronic submission only). SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the registrant has caused this registration statement amendment to be duly signed on its behalf in the City of Cincinnati and State of Ohio on the 16th day of June, 1995. CINergy Corp. By /s/Jackson H. Randolph -------------------------------- Chairman of the Board and Chief Executive Officer Attest: /s/James E. Rogers - ------------------------------------- Vice Chairman of the Board, President and Chief Operating Officer VERIFICATION State of Ohio ) ) ss. County of Hamilton ) The undersigned, being duly sworn, deposes and says that he has duly executed the attached registration statement amendment dated June 16, 1995, for and on behalf of CINergy Corp.; that he is the Chairman of the Board and Chief Executive Officer of such company; and that all action by stockholders, directors, and other bodies necessary to authorize deponent to execute and file such instrument has been taken. Deponent further says that he is familiar with such instrument and the contents thereof, and that the facts therein set forth are true to the best of his knowledge, information and belief. By /s/Jackson H. Randolph -------------------------------- Subscribed and sworn to before me this 16th day of June, 1995. /s/Nancy L. Praechter - ------------------------------------ Notary Public, State of Ohio My commission expires: Feb. 21, 2000 EX-99.D 2 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation by reference in Amendment No. 1 to CINergy Corp.`s Registration Statement on Form U5B of our reports dated (i) January 23, 1995 included in CINergy Corp.`s Annual Report on Form 10-K for the year ended December 31, 1994, (ii) January 23, 1995 included in The Cincinnati Gas & Electric Company`s Annual Report on Form 10-K for the year ended December 31, 1994, (iii) January 23, 1995 included in PSI Energy, Inc.`s Annual Report on Form 10-K for the year ended December 31, 1994, and (iv) January 23, 1995 included in The Union Light, Heat and Power Company`s Annual Report on Form 10-K for the year ended December 31, 1994. Arthur Andersen LLP Cincinnati, Ohio, June 15, 1995
CINERGY CORP. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (in thousands, except per share amounts) Consolidated Consolidated CINergy The Cincinnati Gas PSI CINergy Corp. Services, Inc. & Electric Company2/ Energy, Inc.1/ OPERATING REVENUES Electric - 1,724 1,345,787 1,126,504 Gas - - 442,398 - - 1,724 1,788,185 1,126,504 OPERATING EXPENSES Fuel used in electric production - - 325,470 400,515 Gas purchased - - 248,293 - Purchased and exchanged power - - 20,932 41,400 Other operation 643 1,688 336,030 213,122 Maintenance - - 106,810 94,149 Depreciation - - 156,676 137,719 Post-in-service deferred operating expenses - net - - 3,290 (9,288) Phase-in deferred depreciation - - (2,161) - Income taxes (925) - 104,128 50,366 Taxes other than income taxes (10) 36 197,381 46,335 (292) 1,724 1,496,849 974,318 OPERATING INCOME (LOSS) 292 - 291,336 152,186 OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - - 1,971 4,230 Post-in-service carrying costs - - - 9,780 Phase-in deferred return - - 15,351 - Income taxes 2,219 - 6,619 (1,312) Equity in earnings of subsidiaries 196,300 - - - Other - net (5,100) - (6,726) (7,893) 193,419 - 17,215 4,805 INCOME (LOSS) BEFORE INTEREST AND OTHER CHARGES 193,711 - 308,551 156,991 INTEREST AND OTHER CHARGES Interest on long-term debt - - 150,386 68,862 Other interest 2,569 - 2,831 15,292 Allowance for borrowed funds used during construction - - (2,977) (9,355) Preferred dividend requirements of subsidiaries - - - - 2,569 - 150,240 74,799 NET INCOME (LOSS) 191,142 - 158,311 82,192 PREFERRED DIVIDEND REQUIREMENT - - 22,377 13,182 INCOME APPLICABLE TO COMMON STOCK 191,142 - 135,934 69,010 AVERAGE COMMON SHARES OUTSTANDING EARNINGS PER COMMON SHARE DIVIDENDS DECLARED PER COMMON SHARE 1/ PSI Energy, Inc. is the parent company of PSI Energy Argentina, Inc. and South Construction Co., both of which did not have any activity for 1994. 2/ See accompanying consolidating statements of income (loss).
CINERGY CORP. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands, except per share amounts) Consolidated CINergy Consolidated Investments, Inc.2/ Eliminations CINergy Corp. OPERATING REVENUES Electric 8,221 (457) 2,481,779 Gas - - 442,398 8,221 (457) 2,924,177 OPERATING EXPENSES Fuel used in electric production - - 725,985 Gas purchased - - 248,293 Purchased and exchanged power - - 62,332 Other operation 12,396 (229) 563,650 Maintenance - - 200,959 Depreciation - - 294,395 Post-in-service deferred operating expenses - net - - (5,998) Phase-in deferred depreciation - - (2,161) Income taxes (1,388) - 152,181 Taxes other than income taxes 309 - 244,051 11,317 (229) 2,483,687 OPERATING INCOME (LOSS) (3,096) (228) 440,490 OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - - 6,201 Post-in-service carrying costs - - 9,780 Phase-in deferred return - - 15,351 Income taxes 3,083 - 10,609 Equity in earnings of subsidiaries - (196,300) - Other - net (7,514) (1,211) (28,444) (4,431) (197,511) 13,497 INCOME (LOSS) BEFORE INTEREST AND OTHER CHARGES (7,527) (197,739) 453,987 INTEREST AND OTHER CHARGES Interest on long-term debt - - 219,248 Other interest 889 (1,211) 20,370 Allowance for borrowed funds used during construction - - (12,332) Preferred dividend requirements of subsidiaries - 35,559 35,559 889 34,348 262,845 NET INCOME (LOSS) (8,416) (232,087) 191,142 PREFERRED DIVIDEND REQUIREMENT - (35,559) - INCOME APPLICABLE TO COMMON STOCK (8,416) (196,528) 191,142 AVERAGE COMMON SHARES OUTSTANDING 147,426 EARNINGS PER COMMON SHARE 1.30 DIVIDENDS DECLARED PER COMMON SHARE 1.50 1/ PSI Energy, Inc. is the parent company of PSI Energy Argentina, Inc. and South Construction Co., both of which did not have any activity for 1994. 2/ See accompanying consolidating statements of income (loss).
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1994 (in thousands) The Union Light, The West The Cincinnati Gas Heat and Lawrenceburg Harrison Gas and & Electric Company Power Company Gas Company Electric Company OPERATING REVENUES Electric 1,304,414 177,564 - 483 Gas 364,827 71,971 7,077 - 1,669,241 249,535 7,077 483 OPERATING EXPENSES Fuel used in electric production 326,109 - - - Gas purchased 204,079 40,508 3,969 - Purchased and exchanged power 20,933 134,887 - 344 Other operation 305,241 32,289 1,574 68 Maintenance 101,200 5,473 121 14 Depreciation 145,644 10,644 370 17 Post-in-service deferred operating expenses - net 3,290 - - - Phase-in deferred depreciation (2,161) - - - Income taxes 98,352 5,342 219 9 Taxes other than income taxes 193,085 4,002 276 13 1,395,772 233,145 6,529 465 OPERATING INCOME 273,469 16,390 548 18 OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction 1,893 78 - - Phase-in deferred return 15,351 - - - Income taxes 6,611 56 5 - Equity in earnings of subsidiaries 8,713 - - - Other - net (4,878) 236 (15) - 27,690 370 (10) - INCOME BEFORE INTEREST 301,159 16,760 538 18 INTEREST Interest on long-term debt 142,102 8,161 123 - Other interest 2,433 395 60 5 Allowance for borrowed funds used during construction (1,687) (183) (5) - 142,848 8,373 178 5 NET INCOME 158,311 8,387 360 13 PREFERRED DIVIDEND REQUIREMENT 22,377 - - - INCOME APPLICABLE TO COMMON STOCK 135,934 8,387 360 13
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands) Miami Tri-State KO Power Corp. Improvement Co. Transmission Co. Eliminations OPERATING REVENUES Electric 45 - - (136,719) Gas - - - (1,477) 45 - - (138,196) OPERATING EXPENSES Fuel used in electric production - - - (639) Gas purchased - - - (263) Purchased and exchanged power - - - (135,232) Other operation 34 - - (3,176) Maintenance 2 - - - Depreciation 1 - - - Post-in-service deferred operating expenses - net - - - - Phase-in deferred depreciation - - - - Income taxes 1 - - 205 Taxes other than income taxes 5 - - - 43 - - (139,105) OPERATING INCOME 2 - - 909 OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - - - - Phase-in deferred return - - - - Income taxes - (53) - - Equity in earnings of subsidiaries - - - (8,713) Other - net - 295 - (2,364) - 242 - (11,077) INCOME BEFORE INTEREST 2 242 - (10,168) INTEREST Interest on long-term debt - - - - Other interest - 1,252 - (1,314) Allowance for borrowed funds used during construction - (1,102) - - - 150 - (1,314) NET INCOME 2 92 - - - (8,854) PREFERRED DIVIDEND REQUIREMENT - - - - - INCOME APPLICABLE TO COMMON STOCK 2 92 - (8,854)
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands) Consolidated The Cincinnati Gas & Electric Company OPERATING REVENUES Electric 1,345,787 Gas 442,398 1,788,185 OPERATING EXPENSES Fuel used in electric production 325,470 Gas purchased 248,293 Purchased and exchanged power 20,932 Other operation 336,030 Maintenance 106,810 Depreciation 156,676 Post-in-service deferred operating expenses - net 3,290 Phase-in deferred depreciation (2,161) Income taxes 104,128 Taxes other than income taxes 197,381 1,496,849 OPERATING INCOME 291,336 OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction 1,971 Phase-in deferred return 15,351 Income taxes 6,619 Equity in earnings of subsidiaries - Other - net (6,726) 17,215 INCOME BEFORE INTEREST 308,551 INTEREST Interest on long-term debt 150,386 Other interest 2,831 Allowance for borrowed funds used during construction (2,977) 150,240 NET INCOME 158,311 PREFERRED DIVIDEND REQUIREMENT 22,377 INCOME APPLICABLE TO COMMON STOCK 135,934
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (in thousands) Power CINergy Equipment Wholesale Power PSI Investments, Inc. Supply Co. Services, Inc. Recycling, Inc OPERATING REVENUES 2 4,592 276 3,036 OPERATING EXPENSES Other operation 1,928 5,186 1,135 2,896 Income taxes (873) (435) (347) 17 Taxes other than income taxes 46 169 31 32 1,101 4,920 819 2,945 OPERATING INCOME (LOSS) (1,099) (328) (543) 91 OTHER INCOME AND EXPENSES - NET Income taxes - - - - Equity in earnings of subsidiaries (7,025) - - - Other - net 42 4 - 9 (6,983) 4 - 9 INCOME (LOSS) BEFORE INTEREST (8,082) (324) (543) 100 NET INCOME (LOSS) (8,416) (485) (569) 34 1/ PSI Argentina, Inc. is the parent company of Costanera Power Corp., which did not have any activity for 1994. 2/ See accompanying consolidating statements of income (loss).
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands) Consolidated Consolidated CG&E PSI Power Resource Argentina, Inc. 1/ International, Inc.2/Marketing, Inc. CGE ECK, Inc. OPERATING REVENUES 315 - - - OPERATING EXPENSES Other operation 1,251 - - - Income taxes 250 - - - Taxes other than income taxes 31 - - - 1,532 - - - OPERATING INCOME (LOSS) (1,217) - - - OTHER INCOME AND EXPENSES - NET Income taxes - 2,624 227 232 Equity in earnings of subsidiaries - - - - Other - net 1,421 (7,745) (622) (623) 1,421 (5,121) (395) (391) INCOME (LOSS) BEFORE INTEREST 204 (5,121) (395) (391) INTEREST 29 207 26 40 NET INCOME (LOSS) 175 (5,328) (421) (431) 1/ PSI Argentina, Inc. is the parent company of Costanera Power Corp., which did not have any activity for 1994. 2/ See accompanying consolidating statements of income (loss).
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands) Consolidated CINergy Eliminations Investments, Inc. OPERATING REVENUES - 8,221 OPERATING EXPENSES Other operation - 12,396 Income taxes - (1,388) Taxes other than income taxes - 309 - 11,317 OPERATING INCOME (LOSS) - (3,096) OTHER INCOME AND EXPENSES - NET Income taxes - 3,083 Equity in earnings of subsidiaries 7,025 - Other - net - (7,514) 7,025 (4,431) INCOME (LOSS) BEFORE INTEREST 7,025 (7,527) INTEREST - 889 NET INCOME (LOSS) 7,025 (8,416) 1/ PSI Argentina, Inc. is the parent company of Costanera Power Corp., which did not have any activity for 1994. 2/ See accompanying consolidating statements of income (loss).
POWER INTERNATIONAL, INC. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (in thousands) Consolidated Beheer-En Consolidated Power Belegginsmaatschappij Power International, Inc. Bruwabel B.V. 1/ Eliminations International, Inc. OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - - - - Post-in-service carrying costs - - - - Phase-in deferred return - - - - Income taxes 2,624 (1) 1 2,624 Revenues - Sales services - 1,519 (1,519) - Other revenue 726 3 (3) 726 Wage and salary expense - (120) 120 - Taxes other than income taxes (72) (42) 42 (72) Other operating expenses (2,534) (1,476) 1,476 (2,534) Depreciation expense - (54) 54 - Other nonoperating expenses (5,865) (38) 38 (5,865) (5,121) (209) 209 (5,121) INCOME (LOSS) BEFORE INTEREST (5,121) (209) 209 (5,121) INTEREST 207 - - 207 NET INCOME (LOSS) (5,328) (209) 209 (5,328) 1/ See accompanying consolidating statement of income (loss).
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (in thousands) Beheer-En Belegginsmaatschappij Power Power Bruwabel B.V. International s.r.o. Development s.r.o. Eliminations OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - - - - Post-in-service carrying costs - - - - Phase-in deferred return - - - - Income taxes (1) - - - Revenues - Sales services 13 2,053 - (547) Other revenue 1 228 - (226) Equity in earnings of subsidiaries (173) - - 173 Wage and salary expense - (238) - 118 Taxes other than income taxes - (83) - 41 Other operating expenses (17) (2,001) - 542 Depreciation expense - (75) - 21 Other nonoperating expense (32) (8) - 2 NET INCOME (LOSS) (209) (124) - 124
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V. CONSOLIDATING STATEMENT OF INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 1994 (continued) (in thousands) Consolidated Beheer-En Belegginsmaatschappij Bruwabel B.V. OTHER INCOME AND EXPENSES - NET Allowance for equity funds used during construction - Post-in-service carrying costs - Phase-in deferred return - Income taxes (1) Revenues - Sales services 1,519 Other revenue 3 Equity in earnings of subsidiaries - Wage and salary expense (120) Taxes other than income taxes (42) Other operating expenses (1,476) Depreciation expense (54) Other nonoperating expense (38) NET INCOME (LOSS) (209)
CINERGY CORP. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) Consolidated CINergy The Cincinnati Gas CINergy Corp. Services, Inc. & Electric Company 1/ ASSETS UTILITY PLANT - ORIGINAL COST In service Electric - - $4,502,840 Gas - - 645,602 Common - - 185,718 - - 5,334,160 Accumulated depreciation - - 1,613,505 - - 3,720,655 Construction work in progress - - 74,989 Total utility plant - - 3,795,644 CURRENT ASSETS Cash and temporary cash investments 11,430 - 52,516 Restricted deposits - - 98 Accounts receivable - net 441 - 265,132 Accounts receivable from associated companies 54,704 749 3,888 Materials, supplies, and fuel - at average cost Fuel for use in electric production - - 42,167 Gas stored for current use - - 31,284 Other materials and supplies - - 57,864 Property taxes applicable to subsequent year - - 112,420 Prepayments and other - - 31,327 66,575 749 596,696 Other Assets Regulatory assets Post-in-service carrying costs and deferred operating expenses - - 155,138 Phase-in deferred return and depreciation - - 100,943 Deferred demand-side management costs - - 10,002 Amounts due from customers - income taxes - - 381,380 Deferred merger costs - - 12,013 Unamortized costs of reacquiring debt - - 33,426 Other - - 55,987 Investment in subsidiaries 2,424,196 - - Other 160 1 40,436 2,424,356 1 789,325 $2,490,931 $750 $5,181,665 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized shares - 600,000,000;outstanding shares - 155,198,038 $1,552 - - Common stock of subsidiaries - - 762,136 Paid-in capital 1,535,658 - 337,874 Retained earnings (deficit) 877,061 - 432,962 Total common stock equity 2,414,271 - 1,532,972 CUMULATIVE PREFERRED STOCK OF SUBSIDIARIES Not subject to mandatory redemption - - 80,000 Subject to mandatory redemption - - 210,000 LONG-TERM DEBT - - 1,837,757 Total capitalization 2,414,271 - 3,660,729 CURRENT LIABILITIES Long-term debt due within one year - - - Notes payable 75,000 - 14,500 Accounts payable 1,000 131 120,817 Accounts payable to associated companies - 619 - Refund due to customers - - - Litigation settlement - - - Accrued taxes - - 227,651 Accrued interest 917 - 31,902 Other - - 32,658 76,917 750 427,528 OTHER LIABILITIES Deferred income taxes (258) - 747,060 Unamortized investment tax credits - - 135,417 Accrued pension and other postretirement benefit costs - - 102,254 Other 1 - 108,677 (257) - 1,093,408 $2,490,931 $750 $5,181,665 1/ See accompanying consolidating balance sheets.
CINERGY CORP. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated Consolidated CINergy PSI Energy, Inc. 1/ Investments, Inc. 1/ Eliminations ASSETS UTILITY PLANT - ORIGINAL COST In service Electric $3,789,785 - - Gas - - - Common - - - 3,789,785 - - Accumulated depreciation 1,550,297 - - 2,239,488 - - Construction work in progress 163,761 - - Total utility plant 2,403,249 - - CURRENT ASSETS Cash and temporary cash investments 6,341 1,593 - Restricted deposits 11,190 - - Accounts receivable - net 32,030 1,906 - Accounts receivable from associated companies 4,031 17 (63,389) Materials, supplies, and fuel - at average cost Fuel for use in electric production 113,861 - - Gas stored for current use - - - Other materials and supplies 29,363 5,653 - Property taxes applicable to subsequent year - - - Prepayments and other 4,758 331 - 201,574 9,500 (63,389) Other Assets Regulatory assets Post-in-service carrying costs and deferred operating expenses 30,142 - - Phase-in deferred return and depreciation - - - Deferred demand-side management costs 94,125 - - Amounts due from customers - income taxes 27,134 - - Deferred merger costs 37,645 - - Unamortized costs of reacquiring debt 36,998 - - Other 30,030 - - Investment in subsidiaries - - (2,424,196) Other 84,027 12,091 (2,434) 340,101 12,091 (2,426,630) $2,944,924 $21,591 ($2,490,019) CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized shares - 600,000,000;outstanding shares - 155,198,038 - - - Common stock of subsidiaries 539 - (762,675) Paid-in capital 389,309 24,418 (751,601) Retained earnings (deficit) 493,103 (13,108) (912,957) Total common stock equity 882,951 11,310 (2,427,233) CUMULATIVE PREFERRED STOCK OF SUBSIDIARIES Not subject to mandatory redemption 187,929 - - Subject to mandatory redemption - - - LONG-TERM DEBT 877,512 - - Total capitalization 1,948,392 11,310 (2,427,233) CURRENT LIABILITIES Long-term debt due within one year 60,400 - - Notes payable 193,573 - (54,173) Accounts payable 142,743 678 1,098 Accounts payable to associated companies 32 8,565 (9,216) Refund due to customers 15,482 - - Litigation settlement 80,000 - - Accrued taxes 30,784 (394) - Accrued interest 25,685 - - Other 3,202 750 - 551,901 9,599 (62,291) OTHER LIABILITIES Deferred income taxes 324,738 59 (495) Unamortized investment tax credits 60,461 - - Accrued pension and other postretirement benefit costs 31,324 - - Other 28,108 623 - 444,631 682 (495) $2,944,924 $21,591 ($2,490,019) 1/ See accompanying consolidating balance sheets.
CINERGY CORP. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated CINergy Corp. ASSETS UTILITY PLANT - ORIGINAL COST In service Electric $8,292,625 Gas 645,602 Common 185,718 9,123,945 Accumulated depreciation 3,163,802 5,960,143 Construction work in progress 238,750 Total utility plant 6,198,893 CURRENT ASSETS Cash and temporary cash investments 71,880 Restricted deposits 11,288 Accounts receivable - net 299,509 Accounts receivable from associated companies - Materials, supplies, and fuel - at average cost Fuel for use in electric production 156,028 Gas stored for current use 31,284 Other materials and supplies 92,880 Property taxes applicable to subsequent year 112,420 Prepayments and other 36,416 811,705 Other Assets Regulatory assets Post-in-service carrying costs and deferred operating expenses 185,280 Phase-in deferred return and depreciation 100,943 Deferred demand-side management costs 104,127 Amounts due from customers - income taxes 408,514 Deferred merger costs 49,658 Unamortized costs of reacquiring debt 70,424 Other 86,017 Investment in subsidiaries - Other 134,281 1,139,244 $8,149,842 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized shares - 600,000,000;outstanding shares - 155,198,038 $1,552 Common stock of subsidiaries - Paid-in capital 1,535,658 Retained earnings (deficit) 877,061 Total common stock equity 2,414,271 CUMULATIVE PREFERRED STOCK OF SUBSIDIARIES Not subject to mandatory redemption 267,929 Subject to mandatory redemption 210,000 LONG-TERM DEBT 2,715,269 Total capitalization 5,607,469 CURRENT LIABILITIES Long-term debt due within one year 60,400 Notes payable 228,900 Accounts payable 266,467 Accounts payable to associated companies - Refund due to customers 15,482 Litigation settlement 80,000 Accrued taxes 258,041 Accrued interest 58,504 Other 36,610 1,004,404 OTHER LIABILITIES Deferred income taxes 1,071,104 Unamortized investment tax credits 195,878 Accrued pension and other postretirement benefit costs 133,578 Other 137,409 1,537,969 $8,149,842 1/ See accompanying consolidating balance sheets.
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) The Union Light, The Cincinnati Gas Heat and Lawrenceburg & Electric Company Power Company Gas Company ASSETS UTILITY PLANT - ORIGINAL COST In service Electric $4,322,651 $179,098 - Gas 498,391 134,103 13,108 Common 166,596 19,122 - 4,987,638 332,323 13,108 Accumulated depreciation 1,505,397 104,113 3,283 3,482,241 228,210 9,825 Construction work in progress 66,081 8,638 270 Total utility plant 3,548,322 236,848 10,095 CURRENT ASSETS Cash and temporary cash investments 51,228 1,071 110 Restricted deposits 98 - - Accounts receivable - net 229,957 33,892 1,138 Accounts receivable from associated companies 21,073 - - Materials, supplies, and fuel - at average cost Fuel for use in electric production 42,167 - - Gas stored for current use 25,053 6,216 15 Other materials and supplies 56,458 1,406 - Property taxes applicable to subsequent year 110,220 2,200 - Prepayments and other 30,711 593 23 566,965 45,378 1,286 OTHER ASSETS Regulatory assets Post-in-service carrying costs and deferred operating expenses 155,138 - - Phase-in deferred return and depreciation 100,943 - - Deferred demand-side management costs 10,002 - - Amounts due from customers - income taxes 381,367 - - Deferred merger costs 10,228 1,785 - Unamortized costs of reacquiring debt 33,418 - 8 Other 53,273 2,718 - Investment in subsidiaries 78,413 - - Other 64,166 399 516 886,948 4,902 524 $5,002,235 $287,128 $11,905 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $8.50 par value;authorized shares - 120,000,000;outstanding shares - 89,663,086 $762,136 - - Common stock of subsidiaries - 8,780 539 Paid-in capital 337,874 18,839 - Retained earnings (deficit) 432,962 74,203 4,497 Total common stock equity 1,532,972 101,822 5,036 CUMULATIVE PREFERRED STOCK Not subject to mandatory redemption 80,000 - - Subject to mandatory redemption 210,000 - - LONG-TERM DEBT 1,747,319 89,238 1,200 Total capitalization 3,570,291 191,060 6,236 CURRENT LIABILITIES Notes payable - 14,500 - Accounts payable 112,291 6,048 455 Accounts payable to associated companies - 15,607 1,544 Accrued taxes 224,255 2,876 315 Accrued interest 29,746 2,123 32 Other 28,397 4,123 132 394,689 45,277 2,478 OTHER LIABILITIES Deferred income taxes 721,102 23,226 635 Unamortized investment tax credits 129,790 5,364 247 Accrued pension and other postretirement benefit costs 91,483 10,356 400 Other 94,880 11,845 1,909 1,037,255 50,791 3,191 $5,002,235 $287,128 $11,905
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) The West Harrison Gas and Miami Tri-State Electric Company Power Corp. Improvement Co. ASSETS UTILITY PLANT - ORIGINAL COST In service Electric $528 $563 - Gas - - - Common - - - 528 563 - Accumulated depreciation 160 552 - 368 11 - Construction work in progress - - - Total utility plant 368 11 - CURRENT ASSETS Cash and temporary cash investments 21 30 56 Restricted deposits - - - Accounts receivable - net 79 - 66 Accounts receivable from associated companies - 1 74 Materials, supplies, and fuel - at average cost Fuel for use in electric production - - - Gas stored for current use - - - Other materials and supplies - - - Property taxes applicable to subsequent year - - - Prepayments and other - - - 100 31 196 OTHER ASSETS Regulatory assets Post-in-service carrying costs and deferred operating expenses - - - Phase-in deferred return and depreciation - - - Deferred demand-side management costs - - - Amounts due from customers - income taxes 13 - - Deferred merger costs - - - Unamortized costs of reacquiring debt - - - Other - - - Investment in subsidiaries - - - Other - 33 26,501 13 33 26,501 $481 $75 $26,697 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $8.50 par value;authorized shares - 120,000,000;outstanding shares - 89,663,086 - - - Common stock of subsidiaries 20 1 25 Paid-in capital - - - Retained earnings (deficit) 248 34 (105) Total common stock equity 268 35 (80) CUMULATIVE PREFERRED STOCK Not subject to mandatory redemption - - - Subject to mandatory redemption - - - LONG-TERM DEBT - - 22,481 Total capitalization 268 35 22,401 CURRENT LIABILITIES Notes payable - - - Accounts payable - - 2,023 Accounts payable to associated companies 109 - - Accrued taxes 1 3 201 Accrued interest 1 - - Other 6 - - 117 3 2,224 OTHER LIABILITIES Deferred income taxes 67 - 2,062 Unamortized investment tax credits 15 1 - Accrued pension and other postretirement benefit costs 11 4 - Other 3 32 10 96 37 2,072 $481 $75 $26,697
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated KO The Cincinnati Gas Transmission Co. Eliminations & Electric Company ASSETS UTILITY PLANT - ORIGINAL COST In service Electric - - $4,502,840 Gas - - 645,602 Common - - 185,718 - - 5,334,160 Accumulated depreciation - - 1,613,505 - - 3,720,655 Construction work in progress - - 74,989 Total utility plant - - 3,795,644 CURRENT ASSETS Cash and temporary cash investments - 52,516 Restricted deposits - - 98 Accounts receivable - net - - 265,132 Accounts receivable from associated companies - (17,260) 3,888 Materials, supplies, and fuel - at average cost Fuel for use in electric production - - 42,167 Gas stored for current use - - 31,284 Other materials and supplies - - 57,864 Property taxes applicable to subsequent year - - 112,420 Prepayments and other - - 31,327 - (17,260) 596,696 OTHER ASSETS Regulatory assets Post-in-service carrying costs and deferred operating expenses - - 155,138 Phase-in deferred return and depreciation - - 100,943 Deferred demand-side management costs - - 10,002 Amounts due from customers - income taxes - - 381,380 Deferred merger costs - - 12,013 Unamortized costs of reacquiring debt - - 33,426 Other - (4) 55,987 Investment in subsidiaries - (78,413) - Other - (51,179) 40,436 - (129,596) 789,325 - ($146,856) $5,181,665 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $8.50 par value;authorized shares - 120,000,000;outstanding shares - 89,663,086 - - $762,136 Common stock of subsidiaries - (9,365) - Paid-in capital - (18,839) 337,874 Retained earnings (deficit) - (78,877) 432,962 Total common stock equity - (107,081) 1,532,972 CUMULATIVE PREFERRED STOCK Not subject to mandatory redemption - - 80,000 Subject to mandatory redemption - - 210,000 LONG-TERM DEBT - (22,481) 1,837,757 Total capitalization - (129,562) 3,660,729 CURRENT LIABILITIES Notes payable - - 14,500 Accounts payable - - 120,817 Accounts payable to associated companies - (17,260) - Accrued taxes - - 227,651 Accrued interest - - 31,902 Other - - 32,658 - (17,260) 427,528 OTHER LIABILITIES Deferred income taxes - (32) 747,060 Unamortized investment tax credits - - 135,417 Accrued pension and other postretirement benefit costs - - 102,254 Other - (2) 108,677 - (34) 1,093,408 - ($146,856) $5,181,665
PSI ENERGY, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) PSI Energy PSI Energy, Inc. Argentina, Inc. Eliminations ASSETS ELECTRIC UTILITY - ORIGINAL SERVICE In service $3,789,785 - - Accumulated depreciation 1,550,297 - - 2,239,488 - - Construction work in progress 163,761 - - Total utility plant 2,403,249 - - CURRENT ASSETS Cash and temporary cash investments 6,341 - - Restricted deposits 11,190 - - Accounts receivable - net 36,061 - - Materials, supplies, and fuel - at average cost Fuel for use in electric production 113,861 - - Other materials and supplies 29,363 - - Prepayments and other 4,758 - - 201,574 - - OTHER ASSETS Regulatory assets Post-in-service carrying costs and deferred operating expenses 30,142 - - Deferred demand-side management costs 94,125 - - Amounts due from customers - income taxes 27,134 - - Deferred merger costs 37,645 - - Unamortized loss on reacquired debt 36,998 - - Other 30,030 - - Investment in subsidiary 10,705 (10,705) Other 73,322 10,705 - 340,101 10,705 (10,705) $2,944,924 $10,705 ($10,705) CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock-$.01 stated value;authorized shares - 60,000,000;outstanding shares - 53,913,701 $539 - - Paid-in capital 389,309 10,705 (10,705) Retained earnings 493,103 - - Total common stock equity 882,951 10,705 (10,705) CUMULATIVE PREFERRED STOCK - NOT SUBJECT TO MANDATORY REDEMPTION 187,929 - - LONG-TERM DEBT 877,512 - - Total capitalization 1,948,392 10,705 (10,705) CURRENT LIABILITIES Long-term debt due within one year 60,400 - - Notes payable 193,573 - - Accounts payable 142,775 - - Refund due to customers 15,482 - - Litigation settlement 80,000 - - Accrued taxes 30,784 - - Accrued interest 25,685 - - Other 3,202 - - 551,901 - - OTHER LIABILITIES Deferred income taxes 324,738 - - Unamortized investment tax credits 60,461 - - Accrued pension and other postretirement benefit costs 31,324 - - Other 28,108 - - 444,631 - - $2,944,924 $10,705 ($10,705)
PSI ENERGY, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated PSI Energy, Inc. ASSETS ELECTRIC UTILITY - ORIGINAL SERVICE In service $3,789,785 Accumulated depreciation 1,550,297 2,239,488 Construction work in progress 163,761 Total utility plant 2,403,249 CURRENT ASSETS Cash and temporary cash investments 6,341 Restricted deposits 11,190 Accounts receivable - net 36,061 Materials, supplies, and fuel - at average cost Fuel for use in electric production 113,861 Other materials and supplies 29,363 Prepayments and other 4,758 201,574 OTHER ASSETS Regulatory assets Post-in-service carrying costs and deferred operating expenses 30,142 Deferred demand-side management costs 94,125 Amounts due from customers - income taxes 27,134 Deferred merger costs 37,645 Unamortized loss on reacquired debt 36,998 Other 30,030 Investment in subsidiary - Other 84,027 340,101 $2,944,924 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock-$.01 stated value;authorized shares - 60,000,000;outstanding shares - 53,913,701 $539 Paid-in capital 389,309 Retained earnings 493,103 Total common stock equity 882,951 CUMULATIVE PREFERRED STOCK - NOT SUBJECT TO MANDATORY REDEMPTION 187,929 LONG-TERM DEBT 877,512 Total capitalization 1,948,392 CURRENT LIABILITIES Long-term debt due within one year 60,400 Notes payable 193,573 Accounts payable 142,775 Refund due to customers 15,482 Litigation settlement 80,000 Accrued taxes 30,784 Accrued interest 25,685 Other 3,202 551,901 OTHER LIABILITIES Deferred income taxes 324,738 Unamortized investment tax credits 60,461 Accrued pension and other postretirement benefit costs 31,324 Other 28,108 444,631 $2,944,924
CINERGY INVESTMENTS, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) Power CINergy Equipment Wholesale Power Investments, Inc. Supply Co. Services, Inc. ASSETS CURRENT ASSETS Cash and temporary cash investments 3 - - Accounts receivable - net 44 1,228 (23) Accounts receivable from associated companies - - - Materials and supplies - at average cost - 5,451 - Prepayments and other - - - 47 6,679 (23) OTHER ASSETS Investment in subsidiaries 11,695 - - Other 31 248 418 11,726 248 418 $11,773 $6,927 $395 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized and outstanding shares - 100 - - - Common stock of subsidiaries - - - Paid-in capital 24,418 4,563 985 Retained earnings (deficit) (13,108) 1,979 (762) Total common stock equity 11,310 6,542 223 CURRENT LIABILITIES Accounts payable 129 265 17 Accounts payable to associated companies 398 209 178 Accrued taxes (5) 8 (1) Other - - - 522 482 194 OTHER LIABILITIES Deferred income taxes (60) (101) (24) Other 1 4 2 (59) (97) (22) $11,773 $6,927 $395 1/ See accompanying consolidating balance sheets.
CINERGY INVESTMENTS, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated Consolidated PSI PSI Power Recycling, Inc. Argentina, Inc. 1/ International, Inc. 1/ ASSETS CURRENT ASSETS Cash and temporary cash investments 5 - 1,574 Accounts receivable - net 436 122 99 Accounts receivable from associated companies 17 - - Materials and supplies - at average cost 202 - - Prepayments and other 29 296 6 689 418 1,679 OTHER ASSETS Investment in subsidiaries - - - Other 1,006 9,752 351 1,006 9,752 351 $1,695 $10,170 $2,030 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized and outstanding shares - 100 - - - Common stock of subsidiaries - - 50 Paid-in capital 1,434 9,587 - Retained earnings (deficit) (25) 64 (5,328) Total common stock equity 1,409 9,651 (5,278) CURRENT LIABILITIES Accounts payable 179 66 22 Accounts payable to associated companies - 136 6,257 Accrued taxes (2) 7 (162) Other - - 750 177 209 6,867 OTHER LIABILITIES Deferred income taxes 109 135 - Other - 175 441 109 310 441 $1,695 $10,170 $2,030 1/ See accompanying consolidating balance sheets.
CINERGY INVESTMENTS, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) CG&E Resource Marketing, Inc. CGE ECK, Inc. Eliminations ASSETS CURRENT ASSETS Cash and temporary cash investments 5 6 - Accounts receivable - net - - - Accounts receivable from associated companies - - - Materials and supplies - at average cost - - - Prepayments and other - - - 5 6 - OTHER ASSETS Investment in subsidiaries - - (11,695) Other 285 - - 285 - (11,695) $290 $6 ($11,695) CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized and outstanding shares - 100 - - - Common stock of subsidiaries - - (50) Paid-in capital - - (16,569) Retained earnings (deficit) (421) (431) 4,924 Total common stock equity (421) (431) (11,695) CURRENT LIABILITIES Accounts payable - - - Accounts payable to associated companies 736 651 - Accrued taxes (25) (214) - Other - - - 711 437 - OTHER LIABILITIES Deferred income taxes - - - Other - - - - - - $290 $6 ($11,695) 1/ See accompanying consolidating balance sheets.
CINERGY INVESTMENTS, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated CINergy Investments, Inc. ASSETS CURRENT ASSETS Cash and temporary cash investments 1,593 Accounts receivable - net 1,906 Accounts receivable from associated companies 17 Materials and supplies - at average cost 5,653 Prepayments and other 331 9,500 OTHER ASSETS Investment in subsidiaries - Other 12,091 12,091 $21,591 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $.01 par value; authorized and outstanding shares - 100 - Common stock of subsidiaries - Paid-in capital 24,418 Retained earnings (deficit) (13,108) Total common stock equity 11,310 CURRENT LIABILITIES Accounts payable 678 Accounts payable to associated companies 8,565 Accrued taxes (394) Other 750 9,599 OTHER LIABILITIES Deferred income taxes 59 Other 623 682 $21,591 1/ See accompanying consolidating balance sheets.
PSI ARGENTINA, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) PSI Costanera Argentina, Inc. Power Corp. Eliminations ASSETS CURRENT ASSETS Accounts receivable - net 122 - - Prepayments and other 296 - - 418 - - OTHER ASSETS Investment in subsidiary 9,786 (9,786) Other (34) 9,786 - 9,752 9,786 (9,786) $10,170 $9,786 ($9,786) CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - no par value; authorized shares - 100,000,000; outstanding shares - 100 - - - Paid-in capital 9,587 9,786 (9,786) Retained earnings 64 - - Total common stock equity 9,651 9,786 (9,786) CURRENT LIABILITIES Accounts payable 202 - - Accrued taxes 7 - - 209 - - OTHER LIABILITIES Deferred income taxes 135 - - Other 175 - - 310 - - $10,170 $9,786 ($9,786)
PSI ARGENTINA, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated PSI Argentina, Inc. ASSETS CURRENT ASSETS Accounts receivable - net 122 Prepayments and other 296 418 OTHER ASSETS Investment in subsidiary - Other 9,752 9,752 $10,170 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - no par value; authorized shares - 100,000,000; outstanding shares - 100 - Paid-in capital 9,587 Retained earnings 64 Total common stock equity 9,651 CURRENT LIABILITIES Accounts payable 202 Accrued taxes 7 209 OTHER LIABILITIES Deferred income taxes 135 Other 175 310 $10,170
POWER INTERNATIONAL, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) Consolidated Beheer-En Power Belegginsmaatschappij International, Inc. Bruwabel B.V. 1/ Eliminations ASSETS CURRENT ASSETS Cash and temporary cash investments $1,574 $118 ($118) Accounts receivable - net 99 865 (865) Prepayments and other 6 123 (123) 1,679 1,106 (1,106) OTHER ASSETS Property and investments - net (1,546) 140 (140) Other 1,897 1 (1) 351 141 (141) $2,030 $1,247 ($1,247) CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $500 stated value; authorized shares - 750; outstanding shares - 100 $50 - - Common stock of subsidiaries - 24 (24) Paid-in capital - 98 (98) Retained earnings (deficit) (5,328) (161) 161 Total common stock equity (5,278) (39) 39 CURRENT LIABILITIES Accounts payable 6,279 963 (963) Accrued taxes (162) (30) 30 Other 750 67 (67) 6,867 1,000 (1,000) OTHER LIABILITIES 441 286 (286) $2,030 $1,247 ($1,247) 1/ See accompanying consolidating balance sheet.
POWER INTERNATIONAL, INC. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated Power International, Inc. ASSETS CURRENT ASSETS Cash and temporary cash investments $1,574 Accounts receivable - net 99 Prepayments and other 6 1,679 OTHER ASSETS Property and investments - net (1,546) Other 1,897 351 $2,030 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - $500 stated value; authorized shares - 750; outstanding shares - 100 $50 Common stock of subsidiaries - Paid-in capital - Retained earnings (deficit) (5,328) Total common stock equity (5,278) CURRENT LIABILITIES Accounts payable 6,279 Accrued taxes (162) Other 750 6,867 OTHER LIABILITIES 441 $2,030 1/ See accompanying consolidating balance sheet.
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (dollars in thousands) Beheer-En Belegginsmaatschappij Power Power Bruwabel B.V. International s.r.o. Development s.r.o. ASSETS CURRENT ASSETS Cash and temporary cash investments 7 107 4 Accounts receivable - net 1 864 - Prepayments - 123 - 8 1,094 4 OTHER ASSETS Investment in subsidiaries (50) - - Property and investments - net - 140 - Other 7 1 - (43) 141 - ($35) $1,235 $4 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - 125 Dutch Guilders stated value; authorized shares-400;outstanding shares-321 $24 - - Equity of subsidiaries - 3 4 Paid-in capital 98 1 - Retained earnings (deficit) (161) (51) - Total common stock equity (39) (47) 4 CURRENT LIABILITIES Accounts payable - 963 - Accrued taxes - (30) - Other 4 63 - 4 996 - OTHER LIABILITIES - 286 - ($35) $1,235 $4
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V. CONSOLIDATING BALANCE SHEET DECEMBER 31, 1994 (continued) (dollars in thousands) Consolidated Beheer-En Belegginsmaatschappij Eliminations Bruwabel B.V. ASSETS CURRENT ASSETS Cash and temporary cash investments - 118 Accounts receivable - net - 865 Prepayments - 123 - 1,106 OTHER ASSETS Investment in subsidiaries 50 - Property and investments - net - 140 Other (7) 1 43 141 $43 $1,247 CAPITALIZATION AND LIABILITIES COMMON STOCK EQUITY Common stock - 125 Dutch Guilders stated value; authorized shares-400;outstanding shares-321 - $24 Equity of subsidiaries (7) - Paid-in capital (1) 98 Retained earnings (deficit) 51 (161) Total common stock equity 43 (39) CURRENT LIABILITIES Accounts payable - 963 Accrued taxes - (30) Other - 67 - 1,000 OTHER LIABILITIES - 286 $43 $1,247
CINERGY CORP. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (in thousands) Consolidated CINergy The Cincinnati Gas CINergy Corp. Services, Inc. & Electric Company 1/ BALANCE AT DECEMBER 31, 1993 $907,802 - $456,511 Net income (loss) 191,142 - 158,311 Dividends on preferred stock - - (22,377) Dividends on common stock (221,362) - (158,970) Other (521) - (513) BALANCE AT DECEMBER 31, 1994 $877,061 - $432,962 1/ See accompanying consolidating statements of changes in retained earnings.
CINERGY CORP. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated Consolidated CINergy PSI Energy, Inc. Investments, Inc. 1/ Eliminations BALANCE AT DECEMBER 31, 1993 $483,242 ($4,692) ($935,061) Net income (loss) 82,192 (8,416) (232,087) Dividends on preferred stock (13,182) - 35,559 Dividends on common stock (59,142) - 218,112 Other (7) - 520 BALANCE AT DECEMBER 31, 1994 $493,103 ($13,108) ($912,957) 1/ See accompanying consolidating statements of changes in retained earnings.
CINERGY CORP. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated CINergy Corp. BALANCE AT DECEMBER 31, 1993 $907,802 Net income (loss) 191,142 Dividends on preferred stock - Dividends on common stock (221,362) Other (521) BALANCE AT DECEMBER 31, 1994 $877,061 1/ See accompanying consolidating statements of changes in retained earnings.
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (in thousands) The Union Light, The Cincinnati Gas Heat and Lawrenceburg & Electric Company Power Company Gas Company BALANCE AT DECEMBER 31, 1993 $456,511 $69,327 $4,137 Net income (loss) 158,311 8,387 360 Dividends on preferred stock (22,377) - - Dividends on common stock (158,970) (3,511) - Other (513) - - BALANCE AT DECEMBER 31, 1994 $432,962 $74,203 $4,497
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) The West Harrison Gas and Miami Tri-State Electric Company Power Corp. Improvement Co. BALANCE AT DECEMBER 31, 1993 $235 $35 ($197) Net income (loss) 13 2 92 Dividends on preferred stock - - - Dividends on common stock - (3) - Other - - - BALANCE AT DECEMBER 31, 1994 $248 $34 ($105)
THE CINCINNATI GAS & ELECTRIC COMPANY CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated KO The Cincinnati Gas Transmission Co. Eliminations & Electric Company BALANCE AT DECEMBER 31, 1993 - ($73,537) $456,511 Net income (loss) - (8,854) 158,311 Dividends on preferred stock - - (22,377) Dividends on common stock - 3,514 (158,970) Other - - (513) BALANCE AT DECEMBER 31, 1994 - ($78,877) $432,962
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (in thousands) Power CINergy Equipment Wholesale Power Investments, Inc. Supply Co. Services, Inc. BALANCE AT DECEMBER 31, 1993 ($4,692) $2,464 ($193) Net income (loss) (8,416) (485) (569) BALANCE AT DECEMBER 31, 1994 ($13,108) $1,979 ($762) 1/ See accompanying consolidating statements of changes in retained earnings.
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated Consolidated PSI PSI Power Recycling, Inc. Argentina, Inc. International, Inc. 1/ BALANCE AT DECEMBER 31, 1993 ($59) ($111) - Net income (loss) 34 175 (5,328) BALANCE AT DECEMBER 31, 1994 ($25) $64 ($5,328) 1/ See accompanying consolidating statements of changes in retained earnings.
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) CG&E Resource Marketing, Inc. CGE ECK, Inc. Eliminations BALANCE AT DECEMBER 31, 1993 - - ($2,101) Net income (loss) (421) (431) 7,025 BALANCE AT DECEMBER 31, 1994 ($421) ($431) $4,924 1/ See accompanying consolidating statements of changes in retained earnings.
CINERGY INVESTMENTS, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated CINergy Investments, Inc. BALANCE AT DECEMBER 31, 1993 ($4,692) Net income (loss) (8,416) BALANCE AT DECEMBER 31, 1994 ($13,108) 1/ See accompanying consolidating statement of changes in retained earnings.
POWER INTERNATIONAL, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (in thousands) Consolidated Beheer-En Power Belegginsmaatschappij International, Inc. Bruwabel B.V. 1/ Eliminations BALANCE AT DECEMBER 31, 1993 - $48 ($48) Net income (loss) (5,328) (209) 209 BALANCE AT DECEMBER 31, 1994 ($5,328) ($161) $161 1/ See accompanying consolidating statement of changes in retained earnings.
POWER INTERNATIONAL, INC. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated Power International, Inc. BALANCE AT DECEMBER 31, 1993 - Net income (loss) (5,328) BALANCE AT DECEMBER 31, 1994 ($5,328) 1/ See accompanying consolidating statement of changes in retained earnings.
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL, B.V. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (in thousands) Beheer-En Belegginsmaatschappij Power Power Bruwabel B.V. International s.r.o. Development s.r.o. BALANCE AT DECEMBER 31, 1993 $48 $73 - Net income (loss) (209) (124) - BALANCE AT DECEMBER 31, 1994 ($161) ($51) -
BEHEER-EN BELEGGINSMAATSCHAPPIJ BRUWABEL, B.V. CONSOLIDATING STATEMENT OF CHANGES IN RETAINED EARNINGS (continued) (in thousands) Consolidated Beheer-En Belegginsmaatschappij Eliminations Bruwabel B.V. BALANCE AT DECEMBER 31, 1993 ($73) $48 Net income (loss) 124 (209) BALANCE AT DECEMBER 31, 1994 $51 ($161)
NOTES TO CONSOLIDATING FINANCIAL STATEMENTS 1. The Notes to the Financial Statements included in the following documents are hereby incorporated by reference as notes to these Consolidating Financial Statements: a) Annual Report of CINergy Corp. on Form 10-K for the year ended December 31, 1994 (File No. 1-11377). b) Annual Report of The Cincinnati Gas & Electric Company on Form 10-K for the year ended December 31, 1994 (File No. 1-1232). c) Annual Report of PSI Energy, Inc. on Form 10-K for the year ended December 31, 1994 (File No. 1-3543). d) Annual Report of The Union Light, Heat and Power Company for the year ended December 31, 1994 (File No. 2-7793). EX-27.0 3
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 0 CINERGY CORP. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 6,198,893 0 811,705 1,004,963 134,281 8,149,842 1,552 1,535,658 877,061 2,414,271 210,000 267,929 2,715,269 228,900 0 0 60,400 0 0 0 2,253,073 8,149,842 2,924,177 152,181 2,331,506 2,483,687 440,490 13,497 453,987 227,286 226,701 35,559 191,142 0 219,248 0 1.30 1.30 EX-27.1 4
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 1 CINERGY CORP. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 2,424,196 66,575 0 160 2,490,931 1,552 1,535,658 877,061 2,414,271 0 0 0 75,000 0 0 0 0 0 0 1,660 2,490,931 0 (925) 633 (292) 292 193,419 193,711 2,569 191,142 0 191,142 0 0 0 0.00 0.00 EX-27.2 5
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 2 CINERGY SERVICES, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 749 0 1 750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 750 750 1,724 36 1,688 1,724 0 0 0 0 0 0 0 0 0 0 0.00 0.00 EX-27.3 6
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 3 PSI ENERGY, INC. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 2,403,249 0 201,574 256,074 84,027 2,944,924 539 389,309 493,103 882,951 0 187,929 877,512 193,573 0 0 60,400 0 0 0 742,559 2,944,924 1,126,504 50,366 923,952 974,318 152,186 4,805 156,991 74,799 82,192 13,182 69,010 0 68,862 0 0.00 0.00 EX-27.4 7
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 4 PSI ENERGY, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 2,403,249 10,705 201,574 256,074 73,322 2,944,924 539 389,309 493,103 882,951 0 187,929 877,512 193,573 0 0 60,400 0 0 0 742,559 2,944,924 1,126,504 50,366 923,952 974,318 152,186 4,805 156,991 74,799 82,192 13,182 69,010 0 68,862 0 0.00 0.00 EX-27.5 8
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 5 THE CINCINNATI GAS & ELECTRIC CO. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 3,795,644 0 596,696 748,889 40,436 5,181,665 762,136 337,874 432,962 1,532,972 210,000 80,000 1,837,757 14,500 0 0 0 0 0 0 1,506,436 5,181,665 1,788,185 104,128 1,392,721 1,496,849 291,336 17,215 308,551 150,240 158,311 22,377 135,934 0 150,386 0 0.00 0.00 EX-27.6 9
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 6 THE CINCINNATI GAS & ELECTRIC CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 3,548,322 78,413 566,965 744,369 64,166 5,002,235 762,136 337,874 432,962 1,532,972 210,000 80,000 1,747,319 0 0 0 0 0 0 0 1,431,944 5,002,235 1,669,241 98,352 1,297,420 1,395,772 273,469 27,690 301,159 142,848 158,311 22,377 135,934 0 142,102 0 0.00 0.00 EX-27.7 10
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 7 THE UNION LIGHT, HEAT AND POWER CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 236,848 0 45,378 1,785 3,117 287,128 8,780 18,839 74,203 101,822 0 0 89,238 14,500 0 0 0 0 0 0 81,568 287,128 249,535 5,342 227,803 233,145 16,390 370 16,760 8,373 8,387 0 8,387 0 0 0 0.00 0.00 EX-27.8 11
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 8 THE WEST HARRISON GAS AND ELECTRIC CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 368 0 100 0 13 481 20 0 248 268 0 0 0 0 0 0 0 0 0 0 213 481 483 9 456 465 18 0 18 5 13 0 13 0 0 0 0.00 0.00 EX-27.9 12
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 9 LAWRENCEBURG GAS CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 10,095 0 1,286 0 524 11,905 539 0 4,497 5,036 0 0 1,200 0 0 0 0 0 0 0 5,669 11,905 7,077 219 6,310 6,529 548 (10) 538 178 360 0 360 0 0 0 0.00 0.00 EX-27.10 13
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 10 MIAMI POWER CORP. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 11 0 31 0 33 75 1 0 34 35 0 0 0 0 0 0 0 0 0 0 40 75 45 1 42 43 2 0 2 0 2 0 2 0 0 0 0.00 0.00 EX-27.11 14
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 11 KO TRANSMISSION CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 EX-27.12 15
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 12 TRI-STATE IMPROVEMENT CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 26,501 196 0 0 26,697 25 0 (105) (80) 0 0 22,481 0 0 0 0 0 0 0 4,296 26,697 0 0 0 0 0 242 242 150 92 0 92 0 0 0 0.00 0.00 EX-27.13 16
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 13 CINERGY INVESTMENTS, INC. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 9,500 0 12,091 21,591 0 24,418 (13,108) 11,310 0 0 0 0 0 0 0 0 0 0 10,281 21,591 8,221 (1,388) 12,705 11,317 (3,096) (4,431) (7,527) 889 (8,416) 0 (8,416) 0 0 0 0.00 0.00 EX-27.14 17
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 14 CINERGY INVESTMENTS, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 11,695 47 0 31 11,773 0 24,418 (13,108) 11,310 0 0 0 0 0 0 0 0 0 0 463 11,773 2 (873) 1,974 1,101 (1,099) (6,983) (8,082) 334 (8,416) 0 (8,416) 0 0 0 0.00 0.00 EX-27.15 18
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 15 POWER INTERNATIONAL, INC. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 (1,546) 1,679 0 1,897 2,030 50 0 (5,328) (5,278) 0 0 0 0 0 0 0 0 0 0 7,308 2,030 0 0 0 0 0 (5,121) (5,121) 207 (5,328) 0 (5,328) 0 0 0 0.00 0.00 EX-27.16 19
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 16 POWER INTERNATIONAL, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 (1,546) 1,679 0 1,897 2,030 50 0 (5,328) (5,278) 0 0 0 0 0 0 0 0 0 0 7,308 2,030 0 0 0 0 0 (5,121) (5,121) 207 (5,328) 0 (5,328) 0 0 0 0.00 0.00 EX-27.17 20
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 17 BEHEER- EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V.(CONS.) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 140 1,106 0 1 1,247 24 98 (161) (39) 0 0 0 0 0 0 0 0 0 0 1,286 1,247 0 0 0 0 0 (209) (209) 0 (209) 0 (209) 0 0 0 0.00 0.00 EX-27.18 21
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 18 BEHEER- EN BELEGGINSMAATSCHAPPIJ BRUWABEL B.V. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 (50) 8 0 7 (35) 24 98 (161) (39) 0 0 0 0 0 0 0 0 0 0 4 (35) 0 0 0 0 0 (209) (209) 0 (209) 0 (209) 0 0 0 0.00 0.00 EX-27.19 22
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 19 POWER INTERNATIONAL S.R.O. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 140 1,094 0 1 1,235 3 1 (51) (47) 0 0 0 0 0 0 0 0 0 0 1,282 1,235 0 0 0 0 0 (124) (124) 0 (124) 0 (124) 0 0 0 0.00 0.00 EX-27.20 23
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 20 POWER DEVELOPMENT S.R.O. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 4 0 0 4 4 0 0 4 0 0 0 0 0 0 0 0 0 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 EX-27.21 24
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 21 PSI RECYCLING, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 689 0 1,006 1,695 0 1,434 (25) 1,409 0 0 0 0 0 0 0 0 0 0 286 1,695 3,036 17 2,928 2,945 91 9 100 66 34 0 34 0 0 0 0.00 0.00 EX-27.22 25
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 22 POWER EQUIPMENT SUPPLY CO. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 6,679 0 248 6,927 0 4,563 1,979 6,542 0 0 0 0 0 0 0 0 0 0 385 6,927 4,592 (435) 5,355 4,920 (328) 4 (324) 161 (485) 0 (485) 0 0 0 0.00 0.00 EX-27.23 26
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 23 WHOLESALE POWER SERVICES, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 (23) 0 418 395 0 985 (762) 223 0 0 0 0 0 0 0 0 0 0 172 395 276 (347) 1,166 819 (543) 0 (543) 26 (569) 0 (569) 0 0 0 0.00 0.00 EX-27.24 27
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 24 CG&E RESOURCE MARKETING, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 5 0 285 290 0 0 (421) (421) 0 0 0 0 0 0 0 0 0 0 711 290 0 0 0 0 0 (395) (395) 26 (421) 0 (421) 0 0 0 0.00 0.00 EX-27.25 28
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 25 CGE ECK, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 6 0 0 6 0 0 (431) (431) 0 0 0 0 0 0 0 0 0 0 437 6 0 0 0 0 0 (391) (391) 40 (431) 0 (431) 0 0 0 0.00 0.00 EX-27.26 29
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 26 PSI ENERGY ARGENTINA, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 0 0 10,705 10,705 0 10,705 0 10,705 0 0 0 0 0 0 0 0 0 0 0 10,705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 EX-27.27 30
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 27 PSI ARGENTINA, INC. (CONSOLIDATED) 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 418 0 9,752 10,170 0 9,587 64 9,651 0 0 0 0 0 0 0 0 0 0 519 10,170 315 250 1,282 1,532 (1,217) 1,421 204 29 175 0 175 0 0 0 0.00 0.00 EX-27.28 31
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 28 PSI ARGENTINA, INC. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 9,786 418 0 (34) 10,170 0 9,587 64 9,651 0 0 0 0 0 0 0 0 0 0 519 10,170 315 250 1,282 1,532 (1,217) 1,421 204 29 175 0 175 0 0 0 0.00 0.00 EX-27.29 32
OPUR1 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF INCOME AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS 0000899652 CINERGY CORP. 29 COSTANERA POWER CORP. 1,000 YEAR DEC-31-1994 JAN-01-1994 DEC-31-1994 PER-BOOK 0 0 0 0 9,786 9,786 0 9,786 0 9,786 0 0 0 0 0 0 0 0 0 0 0 9,786 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 0.00 -----END PRIVACY-ENHANCED MESSAGE-----