NT 10-Q 1 form12b25.htm AE, INC. FORM 12B-25

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

SEC File Number:

1-267
333-72498
1-5164
1-3376-2
1-255-2
0-14688
333-79619

(Check one)     [ ] Form 10-K   [ ] Form 20-F   [ ] Form 11-K
[x] Form 10-Q   [ ] Form N-SAR

For Period Ended: September 30, 2002

[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ______________________________________________________________________________

Read Instruction (on back page) Before Preparing Form, Please Print or Type
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
______________________________________________________________________________


If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:  N/A
______________________________________________________________________________

 

 

 

PART I--REGISTRANT INFORMATION

Full name of Registrant:

Allegheny Energy, Inc.
Allegheny Energy Supply Company, LLC
Monongahela Power Company
The Potomac Edison Company
West Penn Power Company
Allegheny Generating Company
West Penn Funding LLC

Former Name if Applicable:

______________________________________________________________________________

Address of Principal Executive Office (Street and Number, City)

Allegheny Energy, Inc.
10435 Downsville Pike
Hagerstown, Maryland 21740-1766

Allegheny Energy Supply Company, LLC
4350 Northern Pike
Monroeville, Pennsylvania 15146

Monogahela Power Company
1310 Fairmont Avenue
Fairmont, West Virginia 26554

The Potomac Edison Company
10435 Downsville Pike
Hagerstown, Maryland 21740-1766

West Penn Power Company
800 Cabin Hill Drive
Greensburg, Pennsylvania 15601

Allegheny Generating Company
4350 Northern Pike
Monroeville, Pennsylvania 15146

West Penn Funding LLC
2325-B Renaissance Drive
Suite 2
Las Vegas, Nevada 89119
______________________________________________________________________________

 

PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense; (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F,11-K or Form N-SAR, or portion thereof, will be filed

[ ]        on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III - NARRATIVE

In the third quarter, after identifying miscalculations in business segment information included in its second quarter Form 10-Q, Allegheny Energy initiated a comprehensive review of prior period financial statements and identified additional errors. This comprehensive review has not been completed. In addition, Allegheny Energy is studying the valuation of its energy trading portfolio, in light of market conditions, and goodwill for potential impairment as required by the Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Assets." Allegheny Energy continues to work with its independent accountants to conclude this comprehensive review and will provide more information as soon as it is available.

PART IV-- OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

     

Thomas K. Henderson
            (Name)

301
(Area Code)

               665-2703
       (Telephone Number)

(2)     Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).  [x] Yes   [ ] No

_____________________________________________________________________________

(3)     Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ ] Yes   [ ] No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Applicants are not in a position to answer pending completion of the comprehensive review mentioned above.

 

___________________________Allegheny Energy, Inc.___________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President and General Counsel
         of Allegheny Energy, Inc.

 

 

_________________Allegheny Energy Supply Company, LLC_________________
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President

 

 

_______________________Monongahela Power Company___________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President

 

________________________The Potomac Edison Company___________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President

 

________________________West Penn Power Company___________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President

 

____________________Allegheny Generating Company__________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Thomas K. Henderson
       Thomas K. Henderson
        Vice President

 

____________________West Penn Funding LLC__________ ______
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 19, 2002

By  /s/ Anthony Wilson
       Anthony Wilson
        Vice President