-----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, EjLN6r1/g91NgYs3tQQcgkxG6fWZ/beFw0vSzwZ2i22nUneZkrSbonntM+8Iluwp CZpkeJG9rwdXcYT6UmC9DQ== 0000004904-01-500083.txt : 20010411 0000004904-01-500083.hdr.sgml : 20010411 ACCESSION NUMBER: 0000004904-01-500083 CONFORMED SUBMISSION TYPE: 35-CERT/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL & SOUTH WEST CORP CENTRAL INDEX KEY: 0000018540 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 510007707 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT/A SEC ACT: SEC FILE NUMBER: 070-09073 FILM NUMBER: 1599599 BUSINESS ADDRESS: STREET 1: 1616 WOODALL RODGERS FRWY CITY: DALLAS STATE: TX ZIP: 75202 BUSINESS PHONE: 2147771000 35-CERT/A 1 amend9073400.txt RULE 24 AMENDED TO ADD FINANCIAL STATEMENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Public Utility Holding Company Act of 1935 File No. 70-9073 Report For Period: October 1, 2000 to December 31, 2000 In the Matter of: CENTRAL AND SOUTH WEST CORPORATION AND CENTRAL POWER AND LIGHT COMPANY, et al. This report is filed under Rule 24 of the Public Utility Holding Company Act of 1935 by Central Power and Light Company (CPL), a subsidiary of Central and South West Corporation (CSW), pursuant to an order issued by the Securities and Exchange Commission dated October 21, 1998 (HCAR 35-26931). The Better Choice Home Mortgage Program ("Better Choices Program") is a mortgage incentive program designed to promote efficient energy use and environmental conservation. The matter requires that CPL file quarterly reports providing the following information with respect to the Better Choices Program provided to nonaffiliates by CPL, Public Service Company of Oklahoma (PSO), Southwestern Electric Power Company (SWEPCO) and West Texas Utilities Company (WTU), (collectively, "Operating Companies")and Central and South West Services, Inc. (Services): 1) a balance sheet as of the relevant quarterly reporting date, 2) income statement for the preceding twelve months, and 3) the name of each Company providing the marketing services authorized by this order, the total number of Home Certifications made during the relevant period. This report covers the period from October 1, 2000 through December 31, 2000. On June 15, 2000, all of the outstanding stock of CSW was acquired by American Electric Power Company, Inc. ("AEP"). As part of the SEC order approving the acquisition CSW Services was to be combined with AEP Service Corporation by 12/31/2000. Therefore, these are the final statements for CSW Services to be filed. The requested information for the reporting period October 1, 2000 through December 31, 2000, is as follows: 1) Copies of the Operating Companies and Services balance sheet for the reporting period ended December 31, 2000 are attached as Exhibit 1. 2) Copies of the Operating Companies and Services income statement for the twelve months ended December 31, 2000 are attached as Exhibit 2. 3) A) The name(s) of each company providing the marketing services authorized by this order during the period ended December 31, 2000 are: NONE. B) The total number of Home Certifications made during the period ended December 31, 2000 are: NONE. S I G N A T U R E ----------------- As requested by order of this Commission pursuant to the Public Utility Holding Company Act of 1935, Central Power and Light Company has duly caused this report to be signed on its behalf on this 3rd day of April 2001. Central Power and Light Company, et al. /s/ Armando Pena Armando Pena Treasurer INDEX TO EXHIBITS Exhibit Number Exhibit 1 Balance sheet for the reporting period ended December 31, 2000, as required for: a) Central Power and Light (CPL) b) Public Service Company of Oklahoma (PSO) c) Southwestern Electric Power Company (SWEPCO) d) West Texas Utilities Company (WTU) e) Central and South West Services, Inc. (Services) 2 Income statement for the twelve months ended December 31, 2000, as required for: a) Central Power and Light (CPL) b) Public Service Company of Oklahoma (PSO) c) Southwestern Electric Power Company (SWEPCO) d) West Texas Utilities Company (WTU) e) Central and South West Services, Inc.(Services) Central Power and Light Company Exhibit 1 (a) Consolidated Balance Sheet Page 1 of 2 As of December 31, 2000 (thousands) ASSETS Electric Utility Plant Production $ 3,175,867 Transmission 581,931 Distribution 1,221,750 General 237,764 Construction work in progress 138,273 Nuclear fuel 236,859 ------------------------- 5,592,444 Less - accumulated depreciation 2,297,189 ------------------------- 3,295,255 Other Property and Investments 44,225 ------------------------- Long-Term Energy Trading Contracts 66,231 ------------------------- Current Assets Cash and cash equivalents 14,253 Accounts receivable: General 67,787 Affiliated Companies 31,272 Allowance for Uncollectible Accounts Fuel inventory, at LIFO costs 22,842 Materials and supplies, at average cost 53,108 Under-recovered fuel costs 127,295 Energy Trading Contracts 481,206 Prepayments and other 3,014 ------------------------- 799,102 Regulatory Assets 202,440 ------------------------- Regulatory Assets Designated for Securitization 953,249 ------------------------- Nuclear Decommissioning Trust Fund 93,592 ------------------------- Deferred Charges 18,402 ------------------------- $5,472,496 ========================= Central Power and Light Company Exhibit 1 (a) Consolidated Balance Sheet Page 2 of 2 - ------------------------------------------------------------------------------ As of December 31, 2000 -------------------------- (thousands) CAPITALIZATION AND LIABILITIES Capitalization Common stock: $25 par value Authorized shares: 12,000,000 Issued and outstanding shares: 6,755,535 $ 168,888 Paid-in capital 405,000 Retained earnings 792,219 -------------------------- Total Common Stock Equity 1,366,107 Preferred stock 5,967 CPL-obligated,Mandatorily Redeemable Preferred securities of Subsidiary Trust Holding Solely Junior Subordinated Debentures of CPL 148,500 Long-term debt 1,254,559 -------------------------- Total Capitalization 2,775,133 -------------------------- -------------------------- Current Liabilities Long-term debt due within One Year 200,000 Advances from affiliates 269,712 Accounts payable 128,957 Payables to affiliates 40,962 Taxes accrued 55,526 Interest accrued 26,217 Energy Trading Contracts 489,888 Other 40,630 -------------------------- 1,251,892 -------------------------- Deferred Income Taxes 1,242,797 -------------------------- Deferred Investment Tax Credits 128,100 -------------------------- Long-Term Energy Trading Contracts 65,740 -------------------------- Deferred Credits 8,834 -------------------------- Commitments and Contingencies (Note 8) $ 5,472,496 ========================== Public Service Company of Oklahoma Exhibit 1 (b) Consolidated Balance Sheet Page 1 of 2 - ------------------------------------------------------------------------------- As of December 31, 2000 ------------------------- (thousands) ASSETS Electric Utility Plant Production $ 914,096 Transmission 396,695 Distribution 938,053 General 206,731 Construction work in progress 149,095 ------------------------- 2,604,670 Less - Accumulated depreciation 1,150,253 ------------------------- 1,454,417 Other Property and Investments 38,211 ------------------------- Long-Term Energy Ttading Contracts 52,629 ------------------------- Current Assets Cash and Cash Equivalents 11,301 Accounts receivable: Customers 60,424 Affiliated Companies 3,453 Allowance for Uncollectible Accounts (467) Fuel inventory, at LIFO costs 28,113 Materials and supplies, at average cost 29,642 Under-recovered Fuel Costs 43,267 Energy Trading Contracts 382,380 Prepayments and other 1,559 ----------------- 559,672 ----------------- Regulatory Assets 29,338 ----------------- Deferred Charges 7,889 ----------------- $2,142,156 ================= Public Service Company of Oklahoma Exhibit 1 (b) Consolidated Balance Sheet Page 2 of 2 - ------------------------------------------------------------------- As of Decemeber 31, 2000 ------------------------- (thousands) CAPITALIZATION AND LIABILITIES Capitalization Common stock: $15 par value Authorized shares: 11,000,000 shares Issued 10,482,000 shares and outstanding 9,013,000 shares $157,230 Paid-in capital 180,000 Retained earnings 137,688 ------------------------- Total Common Stock Equity 474,918 Cumulative Preferred Stock Not Subject To Mandatory Redeemption 5,283 PSO-obligated, mandatorily redeemable preferred securities of subsidiary trust holding solely Junior Subordinated Debentures of PSO 75,000 Long-term debt 450,822 ------------------------- Total Capitalization 1,006,023 ------------------------- Current Liabilities Long-term debt due within One Year 20,000 Advances from affiliates 81,120 Accounts payable 104,379 Payables to affiliates 64,556 Customer deposits 19,294 Taxes accrued 1,659 Interest accrued 8,336 Energy Trading Contracts 389,279 Other 12,137 ------------------------- 700,760 ------------------------- Deferred Income Taxes 312,060 ------------------------- Deferred Investment Tax Credits 35,783 ------------------------- Regulatory Liabilities and Deferred Credits 35,292 ------------------------- Long-Term Energy Trading Contracts 52,238 ------------------------- $2,142,156 ========================= Southwestern Electric Power Company Exhibit 1 (c) Consolidated Balance Sheet Page 1 of 2 - ---------------------------------------------------------------------- As of December 31, 2000 ------------------------- (thousands) ASSETS Electric Utility Plant Production $ 1,414,527 Transmission 519,317 Distribution 1,001,237 General 325,948 Construction work in progress 57,995 ------------------------- 3,319,024 Less - Accumulated depreciation 1,457,005 ------------------------- 1,862,019 Other Property and Investments 39,627 ------------------------- Long-Term Energy Trading Contracts 63,028 ------------------------- Current Assets Cash and Cash Equivalents 1,907 Accounts receivable Customers 42,310 Affiliated Companiess 11,419 Allowance for Uncollectible Accounts (911) Fuel inventory, at average costs 40,024 Materials and supplies, at average cost 25,137 Underrecovered Fuel Costs 35,469 Energy Trading Contracts 457,936 Prepayments and other 16,780 ------------------- 630,071 Regulatory Assets 57,082 ------------------- Deferred Charges 10,707 ------------------- $ 2,662,534 =================== Southwestern Electric Power Company Exhibit 1 (c) Consolidated Balance Sheet Page 2 of 2 - ------------------------------------------------------------------- As of December 31, 2000 -------------------------- (thousands) CAPITALIZATION AND LIABILITIES Capitalization Common stock: $18 par value Authorized: 7,600,000 shares Issued and outstanding: 7,536,640 shares $ 135,660 Paid-in capital 245,000 Retained earnings 293,989 ---------------------- Total Common Stock Equity 674,649 Preferred stock 4,704 SWEPCO-obligated, mandatorily redeemable preferred securities of subsidiary trust holding solely Junior Subordinated Debentures of SWEPCO 110,000 Long-term debt 645,368 ---------------------- Total Capitalization 1,434,721 ---------------------- Other Noncurrent Liabilities 11,290 ---------------------- Current Liabilities Long-term debt due within twelve months 595 Advances from affiliates 16,823 Accounts payable 107,747 Payables to affiliates 36,021 Customer deposits 16,433 Taxes accrued 11,224 Interest accrued 13,198 Energy Trading Contracts 466,198 Other 15,064 ----------------------- 683,303 ----------------------- Deferred Income Taxes 399,204 ----------------------- Deferred Investment Tax Credits 53,167 ----------------------- Regulatory Liabilities and Deferred Credits 18,288 ----------------------- Long-Term Energy Trading Contracts 62,561 ----------------------- $2,662,534 ======================= West Texas Utilities Company Exhibit 1 (d) Balance Sheet Page 1 of 2 - -------------------------------------------------------------------- As of December 31, 2000 ------------------------- (thousands) ASSETS Electric Utility Plant Production $ 431,793 Transmission 235,303 Distribution 416,587 General 110,832 Construction work in progress 34,824 ----------------------- 1,229,339 Less - Accumulated depreciation 515,041 ----------------------- 714,298 Other Property and Investments 23,154 ----------------------- Long-Term Energy Trading Contracts 20,944 ----------------------- Current Assets Cash and Cash Equivalents 6,941 Accounts Receivable: Customers 36,217 Affiliated Customers 16,095 Allowance for Uncollectible Accounts (288) Fuel inventory, at average costs 12,174 Materials and Supplies, at average costs 10,510 Under-recovered fuel costs 67,655 Energy Trading Contracts 152,174 Prepayments and other 851 -------------------- 302,329 -------------------- Regulatory Assets 24,808 -------------------- Deferred Charges 3,399 -------------------- $ 1,088,932 ==================== West Texas Utilities Company Exhibit 1 (d) Balance Sheet Page 2 of 2 - ----------------------------------------------------------------------- As of December 31, 2000 ------------------------- (thousands) CAPITALIZATION AND LIABILITIES Capitalization Common stock: $25 par value Authorized: 7,800,000 shares Issued and outstanding: 5,488,560 shares $ 137,214 Paid-in capital 2,236 Retained earnings 122,588 ------------------------- Total Common Stock Equity 262,038 Cumulative preferred stock: Not Subject to Mandatory Redeemption 2,482 Long-term debt 255,843 ------------------------- Total Capitalization 520,363 ------------------------- ------------------------- Current Liabilities Advances from affiliates 58,578 Accounts payable 45,562 Payables to affiliates 42,212 Customer Deposits 2,659 Taxes accrued 18,901 Interest accrued 3,717 Energy Trading Contracts 154,919 Other 7,906 ------------------------- 334,454 ------------------------- Deferred Income Taxes 157,038 ------------------------- Deferred Investment Tax Credits 24,052 ------------------------- Regulatory Liabilities and Deferred Credits 32,236 ------------------------- Long-Term Energy Trading Contracts 20,789 ------------------------- Commitments and Contingencies (Note 8) $ 1,088,932 ========================= Central and South West Services Exhibit 1 (e) Balance Sheet Page 1 of 1 - ----------------------------------------------------------------------- As of December 31, 2000 -------------------------- (thousands) ASSETS Property, Plant and Equipment General $ 93,844 Less - accumulated depreciation 38,024 ------------------------ 55,820 ------------------------ Current Assets Cash 2,127 Accounts receivable 29,554 Prepayments 400 ------------------------ 32,081 ------------------------ Deferred Charges and Other Assets 30,236 ------------------------ $ 118,137 ======================== CAPITALIZATION AND LIABILITIES Capitalization Common stock: $10 par value Authorized shares: 10,000 shares Issued and outstanding shares: 10,000 shares $ 100 ------------------- Total Common Stock Equity 100 ------------------- Total Capitalization 100 ------------------- Current Liabilities Advances from affiliates 67,908 Payables to affiliates 3,727 Accounts payable 6,123 Accrued taxes 3,678 Interest Payable 614 Accrued interest Other 16,346 ------------------- 98,396 ------------------- Deferred Credits Accumulated deferred income taxes 12,386 Other 7,255 ------------------- 19,641 ------------------- $ 118,137 =================== Central Power and Light Company Exhibit 2 (a) Consolidated Statement of Income Page 1 of 1 - ----------------------------------------------------------------------------- Twelve Months Ended December 31, 2000 --------------------------- (thousands) Electric Operating Revenues $ 1,771,177 --------------------------- Operating Expenses and Taxes Fuel 550,903 Purchased Power 177,387 Other Operating 319,539 Maintenance 60,528 Depreciation and Amortization 178,786 Taxes Other Than Federal Income Taxes 80,009 Federal Income Taxes 96,927 --------------------------- 1,464,079 --------------------------- Operating Income 307,098 --------------------------- Nonoperating Income (Loss) 7,235 --------------------------- Income Before Interest Charges 314,333 --------------------------- Interest Charges 124,766 --------------------------- Net Income 189,567 Less: Preferred stock dividends 241 (Loss) on reaquired perferred stock --------------------------- Net Income for Common Stock $189,326 =========================== Public Service Company of Oklahoma Exhibit 2 (b) Consolidated Statement of Income Page 1 of 1 - ----------------------------------------------------------------------------- Twelve Months Ended Decemeber 31, 2000 --------------------------- (thousands) Electric Operating Revenues $962,609 --------------------------- Operating Expenses and Taxes Fuel 402,933 Purchased Power 155,087 Other Operating 121,697 Maintenance 45,858 Depreciation and Amortization 76,418 Taxes Other Than Federal Income Taxes 33,235 Federal Income Taxes 30,712 --------------------------- 865,940 --------------------------- Operating Income 96,669 --------------------------- Nonoperating Income (Loss) 8,974 --------------------------- Income Before Interest Charges 105,643 --------------------------- Interest Charges 38,980 --------------------------- Net Income 66,663 Less: Preferred stock dividends 212 --------------------------- Net Income for Common Stock $66,451 =========================== Southwestern Electric Power Company Exhibit 2 (c) Consolidated Statement of Income Page 1 of 1 - ----------------------------------------------------------------------------- Twelve Months Ended December 31, 2000 --------------------------- (thousands) Electric Operating Revenues $1,124,210 --------------------------- Operating Expenses and Taxes Fuel 498,805 Purchased Power 77,792 Other Operating 159,459 Maintenance 75,123 Depreciation and Amortization 104,679 Taxes Other Than Federal Income Taxes 56,283 Federal Income Taxes 23,791 --------------------------- 995,932 --------------------------- Operating Income 128,278 --------------------------- Nonoperating Income (Loss) 3,851 --------------------------- Nonoperating Income (Loss) 132,129 --------------------------- Income Before Interest Charges 59,457 --------------------------- Net Income 72,672 Less: Preferred stock dividends 229 --------------------------- Net Income for Common Stock $72,443 =========================== West Texas Utilities Company Exhibit 2 (d) Statement of Income Page 1 of 1 - ------------------------------------------------------------------------ Twelve Months Ended Decemeber 31, 2000 --------------------------- (thousands) Electric Operating Revenues $572,794 --------------------------- Operating Expenses and Taxes Fuel 183,154 Purchased Power 127,583 Other Operating 93,078 Maintenance 21,241 Depreciation and Amortization 55,172 Taxes Other Than Federal Income Taxes 25,321 Federal Income Taxes 14,904 --------------------------- 520,453 --------------------------- Operating Income 52,341 --------------------------- Nonoperating Income (Loss) (1,675) --------------------------- Income Before Interest Charges 50,666 --------------------------- Interest Charges 23,216 --------------------------- Net Income 27,450 Less: Preferred stock dividends 104 --------------------------- Net Income for Common Stock $27,346 =========================== Central and South West Services Exhibit 2 (e) Statement of Income Page 1 of 1 - ------------------------------------------------------------------------ Twelve Months Ended December 31, 2000 --------------------------- (thousands) Operating Expenses and Taxes Fuel 3,582 Other operating 295,078 Maintenance 6,591 Depreciation and amortization 13,838 Taxes other than federal income taxes 10,932 Federal income taxes (91) --------------------------- Operating (Loss) (329,930) Other Income and (Deductions) 336,294 Services rendered to associates -- --------------------------- Income Before Interest Charges (6,364) . Interest Charges Interest on long-term debt 177 Interest on short-term debt and other 6,187 --------------------------- 6,364 --------------------------- Net Income for Common Stock $ -- =========================== -----END PRIVACY-ENHANCED MESSAGE-----