35-CERT 1 q204707018.htm RULE 24 - CONESVILLE COAL PREPARATION

UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
Washington, DC

Public Utility Holding Company Act of 1935
File No. 70-07018

In the Matter of
CONESVILLE COAL PREPARATION COMPANY
Canton, Ohio

THIS IS TO CERTIFY THAT CONESVILLE COAL PREPARATION COMPANY, in accordance with the terms and conditions of, and for the purposes represented by, the application or declaration herein, the order of the Securities and Exchange Commission with respect thereto, dated October 29, 1984, provides on Exhibits 1 through 5 the following information for the period April 1, 2004 through June 30, 2004:

a) corporate statements of income by month;
b) corporate balance sheets by month;
c) statements of quantities of coal processed and customer billings for coal washing services by month;
d) summary of expenses related to the operations of the coal washing facilities by month, and;
e) the price per ton of coal deliveries by month.

Certificate of Notification is filed pursuant to the Commission’s Order in this proceeding for the period of April 1 to June 30, 2004.

CONESVILLE COAL PREPARATION COMPANY

By: /s/ Joseph M. Buonaiuto


Joseph M. Buonaiuto
Controller and Chief Accounting Officer
Conesville Coal Preparation Company

FILE NO.
070-07018

CONESVILLE COAL PREPARATION COMPANY
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 23463
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2004
 
CONTENTS
Exhibit
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  

Exhibit 1

CONESVILLE COAL PREPARATION COMPANY
STATEMENTS OF INCOME
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2004
(UNAUDITED)
 
Month Ended
Three
Months
Ended
April 30,
2004

May 31,
2004

June 30,
2004

June 30,
2004

(in thousands)
                   
OPERATING REVENUES - Services to Parent   $691   $633   $914   $2,238  
           
COST OF OPERATION   683   612   931   2,226  




OPERATING INCOME (LOSS)    8   21   (17 ) 12  
           
NONOPERATING INCOME   2   1   2   5  




INCOME (LOSS) BEFORE FEDERAL INCOME TAXES AND INTEREST CHARGES   10   22   (15 ) 17  
                   
INTEREST CHARGES   -   12   -   12  
                   
FEDERAL INCOME TAX EXPENSE (CREDIT)   4   4   (21 ) (13 )




NET INCOME   $6   $6   $6   $18  





The common stock of the Company is wholly-owned by Columbus Southern Power Company.

Exhibit 2

CONESVILLE COAL PREPARATION COMPANY
BALANCE SHEETS
BY MONTH-END, FOR THE QUARTER ENDED JUNE 30, 2004
(UNAUDITED)
 
April 30,
2004

May 31,
2004

June 30,
2004

(in thousands)
ASSETS        
MINING PLANT  
  Mining Plant in Service   $1,760   $1,765   $1,764  
  Accumulated Amortization   1,461   1,469   1,477  



         NET MINING PLANT   299   296   287  



OTHER PROPERTY AND INVESTMENTS   73   68   63  



CURRENT ASSETS  
  Cash and Cash Equivalents   2   2   2  
  Accounts Receivable - General   20   19   12  
  Accounts Receivable - Affiliated Companies   691   633   914  
  Advances to Affiliates   1,887   1,880   1,632  
  Materials and Supplies   1,337   1,343   1,350  
  Other   28   29   29  



         TOTAL CURRENT ASSETS   3,965   3,906   3,939  



DEFERRED INCOME TAXES   1,678   1,704   1,724  



DEFERRED CHARGES   28   133   14  



           TOTAL   $6,043   $6,107   $6,027  



CAPITALIZATION AND LIABILITIES  
SHAREOWNER'S EQUITY  
  Common Stock - Par Value $1,000:  
    Authorized - 500 Shares;Outstanding - 100 Shares   $100   $100   $100  
  Accumulated Other Comprehensive Loss   (66 ) (66 ) (66 )
  Paid-in Capital   400   400   400  
  Retained Earnings   1,263   1,269   1,275  



         TOTAL SHAREHOLDER'S EQUITY   1,697   1,703   1,709  



OTHER NONCURRENT LIABILITIES   3,261   3,340   3,371  



CURRENT LIABILITIES  
  Accounts Payable - General   179   317   175  
  Accounts Payable - Affiliated Companies   61   62   44  
  Taxes Accrued   114   163   164  
  Other   492   522   472  



         TOTAL CURRENT LIABILITIES   846   1,064   855  



OTHER DEFERRED CREDITS   239   -   92  



           TOTAL   $6,043   $6,107   $6,027  



Exhibit 3

CONESVILLE COAL PREPARATION COMPANY
STATEMENTS OF QUANTITIES OF COAL PROCESSED AND
CUSTOMER BILLINGS FOR COAL WASHING SERVICES
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2004
 
Services Rendered to
Columbus Southern
Power Company's
Conesville Plant*

Raw
Coal
Input

Rejects
Clean
Coal
Output

Average
Unit Price

Amount
(Month/Year) (tons) (tons) (tons) (per ton) (000)
           
April 2004   154,827   22,291   132,536   $5.21 $691  





May 2004   137,560   17,810   119,750   $5.28 $633  





June 2004   206,076   26,291   179,785   $5.09 $914  





*Jointly owned by Cincinnati Gas & Electric Company, Dayton Power & Light Company and Columbus Southern Power Company, the parent of Conesville Coal Preparation Company

Exhibit 4

CONESVILLE COAL PREPARATION COMPANY
STATEMENTS OF COST OF OPERATION
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2004
 
April
2004

May
2004

June
2004

Three
Months
Ended
June 30,  2004

(in thousands)
 
Labor-UMW*   $214   $196   $212   $622  
Benefits-UMW*   20   130   104 254
Operating Materials   66 55   23   144
Maintenance - Materials and Services   91   111   76   278  
Electricity   44   35   47   126  
Other Billed Services   19   174   29   222  
Taxes Other Than Income Tax   20   16   15   51  
Rentals   204   207   223   634  
Depreciation   8   8   8   24  
Cleaning Cost Normalization**   (112 (342 ) 196 (258 )
Other   109   22   (2 129  




          Total   $683   $612   $931   $2,226  




* United Mine Workers of America.

** Represents the deferral/accrual required to establish revenue based on forecasted 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.

Exhibit 5

COLUMBUS SOUTHERN POWER COMPANY
PRICE PER TON OF COAL DELIVERIES
BY MONTH, FOR THE QUARTER ENDED JUNE 30, 2004
 
April
2004

May
2004

June
2004

 
Clean Coal Deliveries from Conesville Coal              
  Preparation Plant (a)   36.80 * 34.53 * 33.16 *



(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.