8-K 1 j9617_8k.htm 8-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

Date of report (Date of earliest event reported): June 10, 2003

 

Commission

File Number

 

Registrant, State of Incorporation,

Address and Telephone Number

 

I.R.S. Employer

Identification No.

 

 

 

 

 

1-11377

 

CINERGY CORP.

(A Delaware Corporation)

139 East Fourth Street

Cincinnati, Ohio 45202

(513) 421-9500

 

31-1385023

 

 

 

 

 

1-1232

 

THE CINCINNATI GAS & ELECTRIC COMPANY

(An Ohio Corporation)

139 East Fourth Street

Cincinnati, Ohio 45202

(513) 421-9500

 

31-0240030

 

 

 

 

 

1-3543

 

PSI ENERGY, INC.

(An Indiana Corporation)

1000 East Main Street

Plainfield, Indiana 46168

(513) 421-9500

 

35-0594457

 

 

 

 

 

2-7793

 

THE UNION LIGHT, HEAT AND POWER COMPANY

(A Kentucky Corporation)

139 East Fourth Street

Cincinnati, Ohio 45202

(513) 421-9500

 

31-0473080

 

 

 

 

 

 

 

Item 5. Other Events and Regulation FD Disclosure

This Current Report on Form 8-K is to show the effect of the implementation of the gross versus net presentation of revenues under the consensus reached in October 2002 in Emerging Issues Task Force Issue No. 02-3, Issues Involved in Accounting for Derivative Contracts Held for Trading Purposes and Contracts Involved in Energy Trading and Risk Management Activities (EITF 02-3), on the financial statements and the related notes, management’s discussion and analysis, and the selected financial data as originally reported in our Annual Report on Form 10-K for the fiscal year ended December 31, 2002.  Exhibits 99.1 through 99.3 contain information identical to the corresponding sections of the registrants’ Annual Report on Form 10-K for the fiscal year ended December 31, 2002, except that all such information has been updated to the extent required to show the effect of the implementation of the gross vs. net presentation of revenues under EITF 02-3.  In addition, the subsequent events disclosures in the Notes to Financial Statements have been updated for certain matters occurring subsequent to the filing of our Annual Report on Form 10-K for the fiscal year ended December 31, 2002.

 

Item 7. Financial Statements and Exhibits

(a)                                  Exhibits

23.1  Independent Auditors’ Consent

 

99.1  Selected Financial Data

 

99.2  Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

99.3  Financial Statements:

 

Independent Auditors’ Report

 

Cinergy Corp.

-      Consolidated Statements of Income for the three years ended
December 31, 2002

-      Consolidated Balance Sheets at December 31, 2002 and 2001

-      Consolidated Statements of Changes in Common Stock Equity for the
three years ended December 31, 2002

-      Consolidated Statements of Cash Flows for the three years ended
December 31, 2002

-      Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

2

 

The Cincinnati Gas & Electric Company

-      Consolidated Statements of Income for the three years ended
December 31, 2002

-      Consolidated Balance Sheets at December 31, 2002 and 2001

-      Consolidated Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

-      Consolidated Statements of Cash Flows for the three years ended December 31, 2002

-      Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

 

PSI Energy, Inc.

-      Consolidated Statements of Income for the three years ended
December 31, 2002

-      Consolidated Balance Sheets at December 31, 2002 and 2001

-      Consolidated Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

-      Consolidated Statements of Cash Flows for the three years ended
December 31, 2002

-      Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

The Union Light, Heat and Power Company

-      Statements of Income for the three years ended December 31, 2002

-      Balance Sheets at December 31, 2002 and 2001

-      Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

-      Statements of Cash Flows for the three years ended December 31, 2002

-      Statements of Capitalization at December 31, 2002 and 2001

 

Notes to Financial Statements

 

Financial Statement Schedules

 

Schedule II — Valuation and Qualifying Accounts

 

-      Cinergy Corp. and Subsidiaries

-      The Cincinnati Gas & Electric Company and Subsidiaries

-      PSI Energy, Inc. and Subsidiary

-      The Union Light, Heat and Power Company

 

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EXHIBIT INDEX

 

Exhibit

 

Number

Description

 

 

23.1

Independent Auditors’ Consent

 

 

99.1

Selected Financial Data

 

 

99.2

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

 

99.3

Financial Statements:

 

 

 

Independent Auditors’ Report

 

 

 

Cinergy Corp.

 

- Consolidated Statements of Income for the three years ended December 31, 2002

 

- Consolidated Balance Sheets at December 31, 2002 and 2001

 

- Consolidated Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

 

- Consolidated Statements of Cash Flows for the three years ended December 31, 2002

 

- Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

 

 

The Cincinnati Gas & Electric Company

 

- Consolidated Statements of Income for the three years ended December 31, 2002

 

- Consolidated Balance Sheets at December 31, 2002 and 2001

 

- Consolidated Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

 

- Consolidated Statements of Cash Flows for the three years ended December 31, 2002

 

- Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

4

 

 

 

 

PSI Energy, Inc.

 

- Consolidated Statements of Income for the three years ended December 31, 2002

 

- Consolidated Balance Sheets at December 31, 2002 and 2001

 

- Consolidated Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

 

- Consolidated Statements of Cash Flows for the three years ended December 31, 2002

 

- Consolidated Statements of Capitalization at December 31, 2002 and 2001

 

 

 

The Union Light, Heat and Power Company

 

- Statements of Income for the three years ended December 31, 2002

 

- Balance Sheets at December 31, 2002 and 2001

 

- Statements of Changes in Common Stock Equity for the three years ended December 31, 2002

 

- Statements of Cash Flows for the three years ended December 31, 2002

 

- Statements of Capitalization at December 31, 2002 and 2001

 

 

 

Notes to Financial Statements

 

 

 

Financial Statement Schedules

Schedule II - Valuation and Qualifying Accounts

- Cinergy Corp. and Subsidiaries

- The Cincinnati Gas & Electric Company and Subsidiaries

- PSI Energy, Inc. and Subsidiary

- The Union Light, Heat and Power Company

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

Cinergy Corp.

 

 

 

The Cincinnati Gas & Electric Company

 

 

 

PSI Energy, Inc.

 

 

 

The Union Light, Heat and Power Company

 

 

 

Registrants

 

 

 

 

 

Date:

  June 10, 2003

By:

/s/ David L. Wozny

 

 

 

David L. Wozny

 

 

 

Duly Authorized Officer and Comptroller

 

 

 

 

 

 

 

(Principal Accounting Officer)

 

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