35-CERT 1 cctsec.txt OHIO POWER COMPANY COOK COAL TERMINAL QUARTERLY REPORT PER REQUIREMENTS OF HOLDING COMPANY ACT RELEASE NO. 22977 BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001 CONTENTS Page Statements of Transfer Fee Billings 1 Summary of Costs Incurred 2 Rail Car Maintenance Facility Report for the Year 2001 (Attachment) OHIO POWER COMPANY COOK COAL TERMINAL STATEMENTS OF TRANSFER FEE BILLINGS BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001
October 2001 November 2001 December 2001 ------------------------------ ------------------------------ ------------------------------- Billings Billings Billings Tons Unit Price Amount Tons Unit Price Amount Tons Unit Price Amount ---- ---------- -------- ---- ---------- -------- ---- ---------- -------- (per ton) (000) (per ton) (000) (per ton) (000) SERVICE TO AFFILIATES Cardinal . . . . . . . . 15,013 $1.30 $ 20 - $1.30 $ - - $ - $(173) Clifty Creek . . . . . . - $1.30 - - $1.30 - - - (7) Tanners Creek. . . . . . - $1.30 - 24,165 $1.30 31 25,896 $(1.22) (32) Rockport Plant . . . . . 836,335 $1.30 1,087 805,024 $1.30 1,047 787,080 $(0.94) (740) Kammer . . . . . . . . . 1,453 $1.30 2 - $1.30 - - - (1) SERVICE TO NON-AFFILIATES. . 590,592 $1.10 648 470,968 $1.20 565 793,735 $1.06 844 ------------------------- --------- ------ --------- ------ --------- ----- TOTAL. . . . . . . . . . 1,443,393 $1,757 1,300,157 $1,643 1,606,711 $(109) ========= ====== ========= ====== ========= =====
OHIO POWER COMPANY COOK COAL TERMINAL SUMMARY OF COSTS INCURRED BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 2001
Three Months October November December Ended 2001 2001 2001 12/31/01 ------- -------- -------- -------- (in thousands) Rents. . . . . . . . . $ 592 $ 586 $ 631 $1,809 Labor-UMW* . . . . . . 232 237 250 719 Benefits-UMW*. . . . . 213 211 288 712 Salaries and Benefits-Nonunion. . 131 120 107 358 Materials & Supplies . 150 205 100 455 Billed Services. . . . 182 215 296 693 Taxes**. . . . . . . . 53 40 54 147 Administrative and General. . . . . . . 165 36 10 211 Electricity. . . . . . 87 72 66 225 Cost-of-Capital. . . . 5 6 7 18 ------ ------ ------ ------ Total. . . . $1,810 $1,728 $1,809 $5,347 ====== ====== ====== ======
* United Mine Workers of America. ** Excludes FICA, Federal Unemployment and State Unemployment. These costs are reflected in benefits. OHIO POWER COMPANY COOK COAL TERMINAL RAIL CAR MAINTENANCE FACILITY ANNUAL REPORT PER REQUIREMENTS OF HOLDING COMPANY ACT RELEASE NO. 22977 and 25427 FOR THE YEAR ENDED DECEMBER 31, 2001 OHIO POWER COMPANY COOK COAL TERMINAL RAIL CAR MAINTENANCE FACILITY STATEMENT OF BILLINGS AND COSTS INCURRED FOR THE YEAR 2001
Affiliated Unaffiliated Total (in thousands) ---------- ------------ ------- Revenues: Indiana Michigan Power Company. $1,562 $ - $1,562 Southwestern Electric Power . . 4 4 Central Power & Light (CSWX). . 6 6 Central Power & Light (CCTX). . 4 4 Ohio Valley Electric Company. . 113 113 Ohio Power Company. . . . . . . 47 - 47 Unaffiliated Companies. . . . . - 1,106 1,106 ------ ------ ------ Total Revenues. . . . . . . . 1,736 1,106 2,842 ------ ------ ------ Cost of Sales: Labor . . . . . . . . . . . . . 160 212 372 Material. . . . . . . . . . . . 642 257 899 Overheads . . . . . . . . . . . 934 637 1,571 ------ ------ ------ Total Cost of Sales . . . . . 1,736 1,106 2,842 ------ ------ ------ Gross Margin. . . . . . . . . . . $ - $ - $ - ====== ====== ======
Affiliated work is recognized as revenue and billed one month after the costs are incurred. Work for unaffiliated companies is recognized as revenue one month after the costs are incurred, but billed when the work is completed. The above cost of sales does not include $270,000 of deferred expenses as of December 31, 2001 related to December work performed but not yet billed.