-----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, ouIcrKyPoGjJnnmZRw+aXUeDwXtykGfkOrrVEt5XQWQEdlFAsu9FCqcR4y7tzEAb cmQdQ9QSgqg1U58zRZ+8Uw== 0000092122-94-000009.txt : 19940216 0000092122-94-000009.hdr.sgml : 19940216 ACCESSION NUMBER: 0000092122-94-000009 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN CO CENTRAL INDEX KEY: 0000092122 STANDARD INDUSTRIAL CLASSIFICATION: 4911 IRS NUMBER: 580690070 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 35 SEC FILE NUMBER: 070-07911 FILM NUMBER: 94508948 BUSINESS ADDRESS: STREET 1: 64 PERIMETER CTR EAST CITY: ATLANTA STATE: GA ZIP: 30346 BUSINESS PHONE: 4043930650 35-CERT 1 CERTIFICATE OF NOTIFICATION CERTIFICATE OF NOTIFICATION Filed by SOUTHERN ELECTRIC RAILROAD COMPANY Pursuant to Order of the Securities and Exchange Commission dated January 13, 1993 (HCAR No. 35-25734) in the matter of File No. 70-7911. The following information is provided in response to the requirements of the above stated order. (1) Balance Sheet and Income Statement at December 31, 1993. Reference is made to Exhibit A filed herewith. (2) Reasonable detail concerning the activities undertaken by Railroad Subsidiary during the applicable six-month period, including commencement of construction of any Rail Line and information concerning such Rail Line, such as its location and the Operating Company and generating facility to be served thereby. Southern Electric Railroad Company's Miller Railroad Project This projects has two phases. Phase I consists of construction a railroad line from Alabama Power's Miller Steam Plant in western Jefferson County, Alabama to Burlington Northern Railroad. Construction of the rail line was commenced September 1993 and should be completed in the summer of 1994. Phase II of this project is to construct a railroad line from the Norfolk Southern Railroad to the Burlington Northern Railroad, and, thus gain Norfolk Southern access into Plant Miller. Engineering and studies on this phase of the project are continuing. Southern Electric Railroad Company's McIntosh Railroad Project Engineering for this project is now 95% complete and right of way has been purchased. Negotiations with CSX for the grade crossing of their mainline are scheduled to start the first quarter of 1994. The installation of the grade crossing on US Highway 21 will occur concurrently with the Department of Transportation's widening of this road, which is scheduled to start during the third quarter of 1994. The Department of Transportation is currently reviewing the design of this crossing. -2- Final draft of the Environmental Assessment of the Right of Way is complete and under review. (3) Reference is made to Certificates of Notification previously filed with the Commission dated February 5, 1993 relating to Alabama Power Company and May 18, 1993 relating to Savannah Electric and Power Company. (4) No information to report at this time. Dated February 15, 1994 SOUTHERN ELECTRIC RAILROAD COMPANY By /s/ Wayne Boston Wayne Boston Assistant Secretary Exhibit A THE SOUTHERN ELECTRIC RAILROAD COMPANY FINANCIAL STATEMENTS DECEMBER 1993 SOUTHERN ELECTRIC RAILROAD COMPANY FINANCIAL STATEMENTS DECEMBER 1993 Contents Page No. Balance Sheet 1 Income Statement 2 Balance Sheet Details 3 Notes to the Financial Statements 4 1 SOUTHERN ELECTRIC RAILROAD COMPANY Balance Sheet December 1993 ASSETS AND OTHER DEBITS PROPERTY AND OTHER INVESTMENTS: ORGANIZATION-NET $ 1,529.21 CONSTRUCTION WORK-IN-PROGRESS-NET 0.00 TOTAL PROPERTY AND OTHER INVESTMENTS 1,529.21 CURRENTS ASSETS: CASH 3,834.25 ACCOUNTS RECEIVABLE-ASSOC.COMPANIES 41,013.60 TOTAL CURRENT ASSETS 44,847.85 TOTAL ASSETS AND OTHER DEBITS $46,377.06 LIABILITIES AND STOCKHOLDER EQUITY STOCKHOLDER EQUITY: CAPITAL STOCK - 5,000 SHARES at $1 $ 5,000.00 RETAINED EARNINGS 0.00 TOTAL STOCKHOLDER EQUITY 5,000.00 CURRENT LIABILITIES: ACCOUNT PAYABLE - NON-ASSOC. COMPANIES 0.00 ACCOUNTS PAYABLE - ASSOC. COS. 41,377.06 TOTAL CURRENT LIABILITIES 41,377.06 TOTAL LIABILITIES AND STOCKHOLDER EQUITY $46,377.06 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE BALANCE SHEETS. 2 SOUTHERN ELECTRIC RAILROAD COMPANY INCOME STATEMENT DECEMBER 31, 1993 REVENUE SERVICES RENDERED $672.00 TOTAL REVENUE 672.00 EXPENSES ADMINISTRATIVE AND GENERAL EXPENSES 672.00 TOTAL EXPENSES 672.00 NET INCOME (LOSS) $ 0.00 3 SOUTHERN ELECTRIC RAILROAD COMPANY BALANCE SHEET DETAILS DECEMBER 31, 1993 PROPERTY AND OTHER INVESTMENTS ORGANIZATION $ 1,668.21 ACCUMULATED AMORITIZATION 139.00 ORGANIZATIONAL COSTS - NET $ 1,529.21 CONSTRUCTION-WORK-IN-PROGRESS CONSTRUCTION-WORK-IN-PROGRESS (CWIP): ALABAMA POWER COMPANY $1,681,215.92 SAVANNAH ELECTRIC AND POWER CO. 208,404.48 TOTAL CWIP 1,889,620.40 LESS: CWIP BILLED ALABAMA POWER COMPANY $1,681,215.92 SAVANNAH ELECTRIC AND POWER CO. 208,404.48 TOTAL CWIP BILLED 1,889,620.40 NET CONSTRUCTION-WORK-IN-PROGRESS $0.00 CURRENT ASSETS CASH - NATIONSBANK $ 3,834.25 ACCOUNTS RECEIVABLE ALABAMA POWER COMPANY $33,409.03 SAVANNAH ELECTRIC AND POWER COMPANY 7,604.57 TOTAL ACCOUNTS RECEIVABLE $41,013.60 CURRENT LIABILITIES SOUTHERN COMPANY SERVICES, INC. $41,377.06 4 SOUTHERN ELECTRIC RAILROAD COMPANY NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 1993 1. General Description Southern Electric Railroad Company (SERC) is a wholly owned subsidiary of The Southern Company (Southern). Southern is registered as a holding company under the Public Utility Holding Company Act of 1935 (PUHCA). Other companies owned by Southern include five operating companies, a system service company, Southern Electric International, Inc., The Southern Development and Investment Group, Inc., Southern Nuclear Operating Company, Southern Electric Bahamas Holdings Ltd., Southern Electric International Holdings, Inc. and Southern Electric Wholesale Generators. SERC is currently designing and constructing railroad facilities to be owned by various operating company subsidiaries of Southern. During the construction period, construction work in progress is reflected on the books of the operating company. However, SERC continues to hold title. After construction is completed, SERC will transfer title to the appropriate operating company but hold an easement granting sole authority to operate and maintain the facilities. All services are provided at cost. 2. SERC has authorized capital stock of 100,000 shares of one dollar ($1.00) par value common stock. Southern owns all 5,000 shares currently outstanding. -----END PRIVACY-ENHANCED MESSAGE-----