EX-99.A.2 4 clecocorp2001pucha_a2.htm EXHIBIT A-2 MIDSTREAM CONSOLIDATING INCOME STATEMENT Cleco Corporation 2001 U-3A-2 Exhibit A-2

EXHIBIT A-2

Cleco Midstream Resources LLC

Consolidating Income Statement

For the Year Ended December 31, 2001

(Unaudited)

Cleco Midstream Resources

Cleco Business
Development

Cleco Marketing
& Trading

Cleco Evangeline

Cleco Generation Services

Cleco Energy

Acadia Power Holdings

Perryville Energy Holdings

Total
Eliminations

Cleco
Midstream
Consolidated

Operating Revenue

   Retail Electric Operations

$           -  

$          -  

$             -  

$           -  

$           -  

$            -  

$           -  

$           -  

$            -  

$              -  

   Energy Marketing Operations

-  

-  

286,357  

60,522  

-  

57,705  

-  

-  

-  

404,584  

   Intercompany Revenue

2,060  

-  

8,121  

4  

7,478  

7,373  

-  

-  

(11,005) 

14,031  

   Other Operations - Income

              -  

             -  

               -  

              -  

     1,139  

         321  

             -  

             -  

              -  

        1,460  

      Gross Operating Revenue

2,060  

-  

294,478  

60,526  

8,617  

65,399  

-  

-  

(11,005) 

420,075  

   Less:  Retail Customer Credits

              -  

             -  

               -  

              -  

             -  

              -  

             -  

             -  

              -  

                -  

      Total Operating Revenue

      2,060  

             -  

   294,478  

    60,526  

     8,617  

    65,399  

             -  

             -  

   (11,005) 

    420,075  

Operating Expenses

   Fuel Used for Electric Generation

-  

-  

-  

-  

-  

-  

-  

-  

-  

-  

   Power Purchased for Utility Customers

-  

-  

-  

-  

-  

-  

-  

-  

-  

-  

   Purchases for Energy Marketing Operations

-  

-  

280,072  

45  

-  

49,559  

-  

-  

-  

329,676  

   Other Operations - Expense

5,567  

-  

1,564  

7,135  

805  

5,878  

600  

70  

1,373  

22,992  

   Maintenance

(70) 

-  

-  

3,490  

78  

89  

-  

  

(10) 

3,577  

   Depreciation Expense

19  

-  

13  

7,129  

1  

2,026  

-  

-  

-  

9,188  

   Intercompany Cost of Goods Sold

2,054  

-  

7,894  

4  

7,466  

6,415  

-  

-  

(12,368) 

11,465  

   Taxes Other Than Income Taxes

         125  

             -  

          165  

           36  

          84  

         845  

             -  

             -  

              -  

        1,255  

      Total Operating Expenses

      7,695  

             -  

   289,708  

    17,839  

     8,434  

    64,812  

        600  

          70  

   (11,005) 

    378,153  

Operating Income

(5,635) 

-  

4,770  

42,687  

183  

587  

(600) 

(70) 

-  

41,922  

   Total Interest Income

68  

-  

56  

1,196  

108  

53  

-  

-  

-  

1,481  

   Allowance for other funds used during
      construction


-  


-  


-  


-  


-  


-  


-  


-  


-  


-  

   Other Income (Expense), net

              -  

             -  

               -  

           28  

            1  

           74  

             -  

        735  

              -  

           838  

Net Income Before Interest Charges

     (5,567) 

             -  

       4,826  

    43,911  

        292  

         714  

      (600) 

        665  

              -  

      44,241  

Interest Charges

   Interest on debt and other, net of amount
      capitalized


(106) 


-  


138  


19,265  


5  


1,027  


56  


19  


-  


20,404  

   Allowance for borrowed funds used during
      construction


-  


-  


-  


-  


-  


-  


-  


-  


-  


-  

   Amortization of debt discount, premium and expense, net

         432  

             -  

               -  

         218  

             -  

              -  

             -  

             -  

              -  

           650  

      Total Interest Charges

         326  

             -  

          138  

    19,483  

            5  

      1,027  

          56  

          19  

              -  

      21,054  

Net income from continuing operations
   before income taxes & preferred
   dividends



(5,893) 



-  



4,688  



24,428  



287  



(313) 



(656) 



646  



-  



23,187  

   Federal and state income taxes

    (2,283) 

             -  

       1,812  

      9,438  

        117  

       (404) 

      (253) 

        249  

              -  

        8,676  

Net income from continuing operations

(3,610) 

-  

2,876  

14,990  

170  

91  

(403) 

397  

-  

14,511  

Discontinued operations

   Loss on disposal of segment, net of income
       taxes


-  


-  


-  


-  


-  


-  


-  


-  


-  


-  

   Extraordinary item, net of income taxes

             -  

             -  

               -  

              -  

             -  

              -  

             -  

             -  

              -  

                -  

Net income before preferred dividends

(3,610) 

-  

2,876  

14,990  

170  

91  

(403) 

397  

-  

14,511  

   Preferred dividend requirements, net

             -  

             -  

               -  

              -  

             -  

              -  

             -  

             -  

              -  

                -  

Net income applicable to common stock

$  (3,610) 

$           -  

$     2,876  

$  14,990  

$      170  

$         91  

$     (403) 

$      397  

$            -  

$    14,511  

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