35-CERT 1 ccpcsec.txt CONESVILLE COAL PREPARATION COMPANY QUARTERLY REPORT PER REQUIREMENTS OF HOLDING COMPANY ACT RELEASE NO. 23463 BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001 CONTENTS Page Statements of Income 1 Balance Sheets 2 Statements of Quantities of Coal Processed and Customer Billings for Coal Washing Services 3 Statements of Cost of Operation 4 Price Per Ton of Coal Deliveries 5 CONESVILLE COAL PREPARATION COMPANY STATEMENTS OF INCOME BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001 (UNAUDITED)
Three Months Month Ended Ended --------------------------------------- October 31, November 30, December 31, December 31, 2001 2001 2001 2001 ----------- ------------ ------------ ------------ (in thousands) OPERATING REVENUES - Services to Parent . . . . . . . . $978 $639 $756 $2,373 COST OF OPERATION. . . . . . . . . . 974 629 748 2,351 ---- ---- ---- ------ OPERATING INCOME . . . . . . . . . . 4 10 8 22 NONOPERATING INCOME. . . . . . . . . 3 4 3 10 ---- ---- ---- ------ INCOME BEFORE INTEREST CHARGES . . . 7 14 11 32 FEDERAL INCOME TAXES ON OPERATIONS . 1 8 6 15 ---- ---- ---- ------ NET INCOME . . . . . . . . . . . . . $ 6 $ 6 $ 5 $ 17 ==== ==== ==== ====== The common stock of the Company is wholly owned by Columbus Southern Power Company.
CONESVILLE COAL PREPARATION COMPANY BALANCE SHEETS BY MONTH-END, FOR THE QUARTER ENDED DECEMBER 31, 2001 (UNAUDITED)
October 31, November 30, December 31, 2001 2001 2001 ----------- ------------ ------------ (in thousands) ASSETS ------ MINING PLANT: Mining Plant in Service . . . . . . . . . . . . $2,237 $2,237 $2,237 Accumulated Amortization. . . . . . . . . . . . 1,763 1,785 1,826 ------ ------ ------ NET MINING PLANT . . . . . . . . . . . . 474 452 411 ------ ------ ------ OTHER PROPERTY AND INVESTMENTS. . . . . . . . . . 139 133 128 ------ ------ ------ CURRENT ASSETS: Cash and Cash Equivalents . . . . . . . . . . . 14 14 15 Accounts Receivable: General . . . . . . . . . . . . . . . . . . . 20 21 20 Affiliated Companies. . . . . . . . . . . . . 2,969 1,622 1,401 Advances to Affiliates. . . . . . . . . . . . . 1,734 1,133 957 Materials and Supplies. . . . . . . . . . . . . 1,253 1,367 1,363 Other . . . . . . . . . . . . . . . . . . . . . 4 1 6 ------ ------ ------ TOTAL CURRENT ASSETS . . . . . . . . . . 5,994 4,158 3,762 ------ ------ ------ DEFERRED FEDERAL INCOME TAXES . . . . . . . . . . 1,146 1,167 1,215 ------ ------ ------ REGULATORY ASSETS . . . . . . . . . . . . . . . . 64 64 64 ------ ------ ------ DEFERRED CHARGES. . . . . . . . . . . . . . . . . - - 35 ------ ------ ------ TOTAL. . . . . . . . . . . . . . . . . $7,817 $5,974 $5,615 ====== ====== ====== CAPITALIZATION AND LIABILITIES ------------------------------ SHAREHOLDER'S EQUITY: Common Stock - Par Value $1,000: Authorized - 500 Shares Outstanding - 100 Shares. . . . . . . . . . . $ 100 $ 100 $ 100 Paid-in Capital . . . . . . . . . . . . . . . . 400 400 400 Retained Earnings . . . . . . . . . . . . . . . 1,088 1,094 1,100 ------ ------ ------ TOTAL SHAREHOLDER'S EQUITY . . . . . . . 1,588 1,594 1,600 ------ ------ ------ OTHER NONCURRENT LIABILITIES. . . . . . . . . . . 2,230 2,263 2,297 ------ ------ ------ CURRENT LIABILITIES: Accounts Payable: General . . . . . . . . . . . . . . . . . . . 109 135 193 Affiliated Companies. . . . . . . . . . . . . 331 297 352 Accrued Rent. . . . . . . . . . . . . . . . . . 196 213 214 Other . . . . . . . . . . . . . . . . . . . . . 843 975 959 ------ ------ ------ TOTAL CURRENT LIABILITIES. . . . . . . . 1,479 1,620 1,718 ------ ------ ------ REGULATORY LIABILITIES AND DEFERRED CREDITS . . . 2,520 497 - ------ ------ ------ TOTAL. . . . . . . . . . . . . . . . . $7,817 $5,974 $5,615 ====== ====== ======
CONESVILLE COAL PREPARATION COMPANY STATEMENTS OF QUANTITIES OF COAL PROCESSED AND BILLINGS FOR COAL WASHING SERVICES BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001
Services Rendered to Columbus Southern Raw Clean Power Company's Coal Coal Service Conesville Plant* Input Rejects Output Unit Price Billings ---------------- ------- ------- ------ ---------- -------- (Month/Year) (tons) (tons) (tons) (per ton) (000) October 2001 . . . . . . . . 340,914 48,284 292,630 $3.34 $978 ======= ====== ======= ===== ==== November 2001. . . . . . . . 276,676 34,534 242,142 $2.64 $639 ======= ====== ======= ===== ==== December 2001. . . . . . . . 262,420 24,535 237,885 $3.18 $756 ======= ====== ======= ===== ==== * Jointly owned by Cincinnati Gas & Electric Company, Dayton Power & Light Company and Columbus Southern Power Company, the parent of Conesville Coal Preparation Company.
CONESVILLE COAL PREPARATION COMPANY STATEMENTS OF COST OF OPERATION BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001
Three Months October November December Ended 2001 2001 2001 12/31/01 ------- -------- -------- -------- (in thousands) Labor-UMW*. . . . . . . . . . . . . . . . . . . $104 $ 82 $ 105 $ 291 Benefits-UMW* . . . . . . . . . . . . . . . . . 104 90 243 437 Office Salaries and Benefits. . . . . . . . . . 112 100 334 546 Operating Materials . . . . . . . . . . . . . . 53 37 52 142 Maintenance - Materials and Services. . . . . . (50) (53) 88 (15) Electricity . . . . . . . . . . . . . . . . . . 63 60 66 189 Other Billed Services . . . . . . . . . . . . . 111 14 19 144 Rent. . . . . . . . . . . . . . . . . . . . . . 235 231 63 529 Depreciation. . . . . . . . . . . . . . . . . . 39 40 40 119 Cleaning Cost Normalization** . . . . . . . . . 147 (30) (398) (281) Other . . . . . . . . . . . . . . . . . . . . . 56 58 136 250 ---- ---- ---- ------ Total . . . . . . . . . . . . . . . . . . $974 $629 $748 $2,351 ==== ==== ==== ====== * United Mine Workers of America. ** Represents the deferral/accrual required to establish revenue based on fore- casted results for the remainder of the year. The amount of cleaning cost normalization is established on an "overall" company basis (i.e., not itemized) and is eliminated by year-end.
COLUMBUS SOUTHERN POWER COMPANY PRICE PER TON OF COAL DELIVERIES BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001
October November December 2001 2001 2001 ------- -------- -------- Clean Coal Deliveries from Conesville Coal Preparation Plant (a) . . . . . . . . . . . . . . . . $32.03 * $30.92 * $28.74 * ====== ====== ====== Notes: (a) Coal cleaned by Conesville Coal Preparation Plant and delivered to Columbus Southern Power's Conesville Generating Plant. These deliveries of clean coal will normally consist of coal cleaned from beginning inventory as well as current month deliveries. * Average price per ton.