EX-99 4 exhibita2.txt EXHIBIT A-2 Exhibit A-2 (Unaudited) Nicor Inc. Consolidating Balance Sheet December 31, 2003 (Millions)
Nonoperating Other Subsidiaries, Nicor Energy Tropical Operating Adjustments Nicor Birdsall, Ventures Bahamas Subsid- and Nicor Inc. Gas Inc. (a) Company (b) Ltd. iaries Eliminations Consolidated ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ ASSETS Current assets Cash and cash equivalents $ (0.4) $ 141.0 $ 8.3 $ 12.4 $ 0.5 $ 11.6 $ (123.1) $ 50.3 Short-term investments, at cost which approximates market - - 32.6 0.2 - 0.3 (0.2) 32.9 Receivables 63.3 409.3 33.3 60.8 623.2 9.5 (722.6) 476.8 Gas in storage - 209.1 - 27.0 - - (0.1) 236.0 Deferred income taxes 18.0 41.9 2.8 4.2 - - (0.1) 66.8 Other 4.2 27.5 6.9 5.2 - - 9.3 53.1 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 85.1 828.8 83.9 109.8 623.7 21.4 (836.8) 915.9 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Investments in continuing subsidiaries 1,488.3 - - - - - (1,488.3) - ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Property, plant and equipment, at cost Gas distribution - 3,694.8 - - - - - 3,694.8 Shipping - - 296.6 - - - - 296.6 Other 0.2 - - 7.5 - 0.4 - 8.1 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 0.2 3,694.8 296.6 7.5 - 0.4 - 3,999.5 Less accumulated depreciation 0.2 1,349.6 163.3 2.1 - 0.1 - 1,515.3 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ - 2,345.2 133.3 5.4 - 0.3 - 2,484.2 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Prepaid pension costs - 177.1 - - - - - 177.1 Other assets 16.8 66.6 108.9 7.7 - 20.8 (0.8) 220.0 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ $ 1,590.2 $3,417.7 $ 326.1 $ 122.9 $ 623.7 $ 42.5 $ (2,325.9) $ 3,797.2 ========== ========= ========== ============= ========= ========== ============ ============ (a) From Birdsall, Inc. consolidated column on Exhibit A-5. (b) From Nicor Energy Ventures Company consolidated column on Exhibit A-8. Note: Subsidiaries combined under "Other Operating Subsidiaries" in Exhibits A-1 through A-3, together with subsidiaries combined under "Other Subsidiaries" in Exhibits A-4 through A-9, aggregate less than 2% of Nicor Inc. consolidated assets or consolidated revenue.
Exhibit A-2 (Unaudited) Nicor Inc. Consolidating Balance Sheet December 31, 2003 (Millions)
Nonoperating Other Subsidiaries, Nicor Energy Tropical Operating Adjustments Nicor Birdsall, Ventures Bahamas Subsid- and Nicor Inc. Gas Inc. (a) Company (b) Ltd. iaries Eliminations Consolidated ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ LIABILITIES AND CAPITALIZATION Current liabilities Long-term obligations due within one year $ - $ 0.5 $ - $ - $ - $ - $ (0.5) $ - Short-term borrowings 732.2 575.0 22.5 36.5 - - (791.2) 575.0 Accounts payable 23.2 307.8 29.1 59.1 - 9.2 (43.0) 385.4 Accrued gas costs - 47.0 - - - - - 47.0 Accrued dividends payable 20.5 15.0 - - - - (15.0) 20.5 Other (7.1) 31.5 (0.6) 2.0 (0.6) 7.1 8.5 40.8 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 768.8 976.8 51.0 97.6 (0.6) 16.3 (841.2) 1,068.7 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Deferred credits and other liabilities Accrued removal costs - 670.0 - - - - - 670.0 Deferred income taxes 46.3 414.5 95.9 (0.1) - 4.8 - 561.4 Regulatory income tax liability - 48.4 - - - - - 48.4 Unamortized investment tax credits - 35.6 - - - - - 35.6 Other 18.6 145.7 2.2 0.1 - - (5.0) 161.6 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 64.9 1,314.2 98.1 - - 4.8 (5.0) 1,477.0 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Capitalization Long-term obligations Long-term bonds and notes - 495.1 - - - - - 495.1 Mandatorily redeemab1e preferred stock 1.8 5.1 - - - - (5.1) 1.8 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 1.8 500.2 - - - - (5.1) 496.9 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Non-redeemable preferred stock - 1.4 - - - - (1.4) - ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ Common equity Common stock 110.1 76.2 0.5 8.4 - 1.0 (86.1) 110.1 Paid-in capital 3.6 108.1 - 5.5 580.2 16.5 (710.3) 3.6 Retained earnings 647.1 442.3 177.1 10.3 44.1 3.5 (677.3) 647.1 Unearned compensation (0.2) - - - - - - (0.2) Accumulated other comprehensive income (5.9) (1.5) (0.6) 1.1 - 0.4 0.5 (6.0) ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 754.7 625.1 177.0 25.3 624.3 21.4 (1,473.2) 754.6 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ 756.5 1,126.7 177.0 25.3 624.3 21.4 (1,479.7) 1,251.5 ---------- --------- ---------- ------------- --------- ---------- ------------ ------------ $ 1,590.2 $3,417.7 $ 326.1 $ 122.9 $ 623.7 $ 42.5 $ (2,325.9) $ 3,797.2 ========== ========= ========== ============= ========= ========== ============ ============ (a) From Birdsall, Inc. consolidated column on Exhibit A-5. (b) From Nicor Energy Ventures Company consolidated column on Exhibit A-8. Note: Subsidiaries combined under "Other Operating Subsidiaries" in Exhibits A-1 through A-3, together with subsidiaries combined under "Other Subsidiaries" in Exhibits A-4 through A-9, aggregate less than 2% of Nicor Inc. consolidated assets or consolidated revenue.