UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-13-60
ANNUAL REPORT
FOR THE PERIOD
Beginning January 1, 1998 and Ending December 31, 1998
TO THE
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
Ameren Services Company
A Subsidiary Service Company
Date of Incorporation November 4, 1997 If not Incorporated, Date of Organization
State or Sovereign Power under which Incorporated or Organized Missouri
Location of Principal Executive Offices of Reporting Company St. Louis
Name, title, and address of officer to whom correspondence
concerning this report should be addressed:
Warner Baxter Vice President & Controller One Ameren Plaza, 1901 Chouteau
(Name)(Title) (Address)
Name of Principal Holding Company Whose Subsidiaries are served by Reporting
Company:
Ameren Corporation
1 of 27 pages
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2 of 27 pages (Blank)
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INSTRUCTIONS FOR USE OF FORM U-13-60
1. Time of Filing.
Rule 94 provides that on or before the first day of May in each calendar
year, each mutual service company and each subsidiary service company as to
which the Commission shall have made a favorable finding pursuant to Rule
88, and every service company whose application for approval or declaration
pursuant to Rule 88 is pending shall file with the Commission an annual
report on Form U- 13-60 and in accordance with the Instructions for that
form.
2. Number of Copies.
Each annual report shall be filed in duplicate. The company should prepare
and retain at least one extra copy for itself in case correspondence with
reference to the report become necessary.
3. Period Covered by Report.
The first report filed by any company shall cover the period from the date
the Uniform System of Accounts was required to be made effective as to that
company under Rules 82 and 93 to the end of that calendar year. Subsequent
reports should cover a calendar year.
4. Report Format.
Reports shall be submitted on the forms prepared by the Commission. If the
space provided on any sheet of such form is inadequate, additional sheets
may be inserted of the same size as a sheet of the form or folded to each
size.
5. Money Amounts Displayed.
All money amounts required to be shown in financial statements may be
expressed in whole dollars, in thousands of dollars or in hundred thousands
of dollars, as appropriate and subject to provisions of Regulation S-X
(SS210.3-01(b)).
6. Deficits Displayed.
Deficits and other like entries shall be indicated by the use of either
brackets or a parenthesis with corresponding reference in footnotes.
(Regulation S-X, SS210.3-01(c))
7.Major Amendments or Corrections.
Any company desiring to amend or correct a major omission or error in a
report after it has been filed with the Commission shall submit an amended
report including only those pages, schedules, and entries that are to be
amended or corrected. A cover letter shall be submitted requesting the
Commission to incorporate the amended report changes and shall be signed by
a duly authorized officer of the company.
8. Definitions
Definitions contained in Instruction 01-8 to the Uniform System of Accounts
for Mutual Service Companies and Subsidiary Service Companies, Public
Utility Holding Company Act of 1935, as amended February 2, 1979 shall be
applicable to words or terms used specifically within this Form U- 13-60.
9. Organization Chart.
The Service Company shall submit with each annual report a copy of its
current organization chart.
10. Methods of Allocation
The Service Company shall submit with each annual report a listing of the
currently effective methods of allocation being used by the Service Company
and on file with the Securities and Exchange Commission pursuant to the
Public Utility Holding Company Act of 1935.
11. Annual Statement of Compensation for Use of Capital Billed.
The Service Company shall submit with each annual report a copy of the
annual statement supplied to each associate company in support of the amount
of compensation for use of capital billed during the calendar year.
3 of 27 pages
<PAGE>
<TABLE>
<CAPTION>
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
Schedule or Page
Description of Schedules and Accounts Account Number Number
<S> <C> <C>
Comparative Balance Sheet Schedule I 5-6
Service Company Property Schedule II 7
Accumulated Provision for Depreciation and Amortization of Service Company Property Schedule III 8
Investments Schedule IV 9
Accounts Receivable from Associate Companies Schedule V 9A
Fuel Stock Expenses Undistributed Schedule VI 10
Stores Expense Undistributed Schedule VII 10
Miscellaneous Current and Accrued Assets Schedule VIII 11
Miscellaneous Deferred Debits Schedule IX 11
Research, Development, or Demonstration Expenditures Schedule X 11A
Proprietary Capital Schedule XI 12
Long-Term Debt Schedule XII 13
Current and Accrued Liabilities Schedule XIII 14
Notes to Financial Statements Schedule XIV 14A-14H
Comparative Income Statement Schedule XV 15-15A
Analysis of Billing - Associate Companies Account 457 16
Analysis of Billing - Nonassociate Companies Account 458 17
Analysis of Charges for Service - Associate and Nonassociate Companies Schedule XVI 18-18B
Schedule of Expense Distribution by Department or Service Function Schedule XVII 19-19E
Departmental Analysis of Salaries Account 920 20-21
Outside Services Employed Account 923 20
Outside Services Employed Account 923 21A-21B
Employee Pensions and Benefits Account 926 22
General Advertising Expenses Account 930.1 22
Miscellaneous General Expenses Account 930.2 23
Rents Account 931 23
Taxes Other Than Income Taxes Account 408 24
Donations Account 426.1 24
Other Deductions Account 426.5 25
Notes to Statement of Income Schedule XVIII 25
LISTING OF INSTRUCTIONAL FILING REQUIREMENTS
Page
Description of Reports or Statements Number
Organization Chart 26-26C
Methods of Allocation 26D-26C
Annual Statement of Compensation for Use of Capital Billed 26
</TABLE>
4 of 27 pages
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For Year Ended December 31, 1998
Schedule I - Comparative Balance Sheet
(In Thousands)
Give balance sheet of the Company as of December 31 of the current and prior year.
Account Assets and Other Debits As of December 31
Current Prior - N/A
Service Company Property
<S> <C> <C>
101 Service company property (Schedule II) $19,098
107 Construction work in progress (Schedule II) 3,201
Total Property 22,299 0
108 Less accumulated provision for depreciation and amortization of service
company property (Schedule III) 2,688
Net Service Company Property 19,611 0
Investments
123 Investments in associate companies (Schedule IV) 0
124 Other Investments (Schedule IV) 0
Total Investments 0 0
Current and Accrued Assets
131 Cash 1,600
134 Special deposits 0
135 Working funds 26
136 Temporary cash investments (Schedule IV) 0
143 Accounts receivable 17,225
145 Notes receivable 950
146 Accounts receivable from associate companies (Schedule V) 22,998
152 Fuel stock expenses undistributed (Schedule VI) 0
154 Materials and supplies 0
163 Stores expense undistributed (Schedule VII) (21)
165 Prepayments 141
174 Miscellaneous current and accrued assets (Schedule VIII)
Total Current and Accrued Assets 43,159 0
Deferred Debits
181 Unamortized debt expense 0
184 Clearing accounts 0
186 Miscellaneous deferred debits (Schedule IX) 48
188 Research, development, or demonstration expenditures (Schedule X) 0
190 Accumulated deferred income taxes 0
Total Deferred Debits 48
TOTAL ASSETS AND OTHER DEBITS $63,259 0
5 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
Schedule I - Comparative Balance Sheet
(In Thousands)
Account Liabilities and Proprietary Capital As of December 31
Current Prior - N/A
Proprietary Capital
201 Common stock issued (Schedule XI) $0
211 Miscellaneous paid-in-capital (Schedule XI) 16,232
215 Appropriated retained earnings (Schedule XI) 0
216 Unappropriated retained earnings (Schedule XI) 0
Total Proprietary Capital 16,232 0
Long-Term Debt
223 Advances from associate companies (Schedule XII) 0
224 Other long-term debt (Schedule XII) 0
225 Unamortized premium on long-term debt 0
226 Unamortized discount on long-term debt-debit 0
Total Long-Term Debt 0 0
Current and Accrued Liabilities
228 Injuries and Damages 195
232 Accounts payable 18,114
233 Notes payable to associate companies (Schedule XIII) 2,387
234 Accounts payable to associate companies (Schedule XIII) 8,330
235 Customer Deposits 999
236 Taxes accrued 205
238 Dividends declared 0
241 Tax collections payable 735
242 Miscellaneous current and accrued liabilities (Schedule XIII) 6,619
Total Current and Accrued Liabilities 37,584 0
Deferred Credits
253 Other deferred credits 9,443
255 Accumulated deferred investment tax credits
Total Deferred Credits 9,443 0
282 Accumulated Deferred Income Taxes 0
TOTAL LIABILITIES AND PROPRIETARY CAPITAL $63,259
</TABLE>
6 of 27 pages
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<TABLE>
<CAPTION>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule II - Service Company Property
(In Thousands)
Balance at Retirements Balance
Beginning or Other <F1> at Close
Description of Year Additions Sales Changes of Year
Service Company Property
<S> <C> <C> <C> <C> <C>
Account
303 Miscellaneous Intangible Plant
391 Office Furniture and Equipment <F2> 0 $18,933 $30 $18,903
394 Tools, Shop, and Garage Equip. 0 2 2
397 Communication Equipment 0 193 193
399 Other Tangible Property 0 0 0
SUB-TOTAL 0 19,128 30 0 19,098
107 Construction Work in Progress <F3> 0 3,201 3,201
TOTAL $0 $22,329 $30 $0 $22,299
<FN>
<F1> Provide an explanation of those changes considered material.
<F2> Subaccounts are required for each class of equipment owned. The service
company shall provide a listing by subaccount of equipment additions during
the year and the balance at the close of the year:
Subaccount Description Additions Balance at
Close of Year
Office Furniture and Equipment (391)
Main Frame Computer $10,020 $10,020
Reproduction Equipment 354 354
Personal Computer 8,413 8,383
Computer Assisted Drafting 146 146
TOTAL $18,933 $18,903
<F3> Describe construction work in progress: Hardware installations for UNIX,
Mainframe, PeopleSoft and NT operating systems.
</FN>
</TABLE>
7 of 27 pages
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<TABLE>
<CAPTION>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property
(In Thousands)
Description Balance at Additions Retirements Other Balance
Beginning Charged to Changes Add at Close
of Year Account 403 (Deduct) <F1> of Year
Account
<S> <C> <C> <C> <C> <C>
303 Miscellaneous Intangible Plant
391 Office Furniture and Equipment $2,654 $2,654
394 Tools, Shop, and Garage Equip. 0
397 Communication Equipment 34 34
399 Other Tangible Property 0
TOTAL $0 $2,688 $0 $0 $2,688
<FN>
<F1> Provide an explanation of those changes considered material:
</FN>
</TABLE>
8 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule IV - Investments
(In Thousands)
Instructions:
Complete the following schedule concerning investments.
Under Account 124 "Other Investments," state each investment separately, with
description, including, the name of issuing company, number of shares or
principal amount, etc.
Under Account 136, "Temporary Cash Investments," list each investment
separately.
Description Balance at Balance at
Beginning of Year Close of Year
Account 123 - Investment in Associate
Companies none none
Account 124 - Other Investments none none
Account 136 - Temporary Cash Investments
- Money Pool none none
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule V - Accounts Receivable from Associate Companies
(In Thousands)
Instructions:
Provide accommodation or convenience payments for associate companies, a
separate listing of total payments for each associate company by subaccount
should be provided.
Balance at Balance at
Description Beginning of Year Close of Year
Account 146 - Accounts Receivable from
Associate Companies
Ameren Corporation $0 $16
Ameren Energy Communications 0 155
CIPSCO Investment Company 0 55
Union Electric Development Corporation 0 42
Electric Energy, Inc 0 108
Ameren Energy, Inc 0 67
Ameren ERC 0 28
Union Electric Company 0 15,490
Central Illinois Public Service Company 0 7,037
TOTAL $0 $22,998
9 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule V - Accounts Receivable from Associate Companies
(In Thousands)
Description Payments
Analysis of Convenience or Accommodation Payments:
Union Electric Company $1,662
Central Illinois Public Service Company 394
Electric Energy, Inc 24
$2,080
9-A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 3 1, 1998
Schedule VI - Fuel Stock Expenses Undistributed
(In Thousands)
Instructions:
Report the amount of labor and expenses incurred with respect to fuel stock
expenses during the year and indicate amount attributable to each associate
company. Under the section headed "Summary" listed below give an overall report
of the fuel functions performed by the service company.
Description Labor Expenses Total
Account 152 - Fuel Stock Expenses
Undistributed none none none
no account 152 for any
Ameren company
TOTAL none none none
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule VII - Stores Expense Undistributed
(In Thousands)
Instructions:
Report the amount of labor and expenses incurred with respect to stores expense
during the year and indicate amount attributable to each associate company.
Description Labor Expenses Total
Account 163 - Stores Expense Undistributed none (21) (21)
TOTAL 0 (21) (21)
10 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule VIII - Miscellaneous Current and Accrued Assets
(In Thousands)
Instructions:
Provide detail of items in this account. Items less than $ 10,000 may be
grouped, showing the number of items in each group.
Balance at Balance at
Beginning of Year Close of Year
Account 174 - Miscellaneous Current
and Accrued Assets none none
TOTAL none none
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule IX - Miscellaneous Deferred Debits
(In Thousands)
Instructions:
Provide detail of items in this account. Items less than 10,000 may be grouped
by class showing the number of items in each class.
Balance at Balance at
Description Beginning of Year Close of Year
Account 186 - Miscellaneous Deferred Debits
Other Work in Progress $0 $82
Miscellaneous Software Debits 0 406
Non Service Request Billings 0 1
TOTAL $0 $489
11 of 27 pages
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ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule X - Research, Development or Demonstration Expenditures
(In Thousands)
Instructions.
Provide a description of each material research, development, or demonstration
project which incurred costs by the service corporation during the year.
Description Amount
Account 188 - Research, Development, or
Demonstration Expenditures none
TOTAL none
11 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XI - Proprietary Capital
<TABLE>
<CAPTION>
Number of Shares Par or Stated Outstanding Close of Period
Account Number Class of Stock Authorized Value Per Share No. of Shares Total Amount
<S> <C> <C> <C> <C> <C>
201 Common Stock Issued 30,000 $0.01 1,000 $10
</TABLE>
Instructions:
Classify amounts in each account with brief explanation, disclosing the general
nature of transactions which give rise to the reported amounts.
(in thousands)
Description Amount
Account 211 -Miscellaneous Paid-in Capital $16,232
Account 215 - Appropriated Retained Earnings 0
TOTAL 16,232
Instructions:
Give particulars concerning net income or (loss) during the year,
distinguishing between compensation for the use of capital owed or net loss
remaining from servicing associates per the General Instructions of the Uniform
System of Accounts. For dividends paid during the year in cash or otherwise,
provide rate percentage, amount of dividend, date declared and date paid.
<TABLE>
<CAPTION>
Description Balance at Net Income Dividends Balance at
Beginning of Year -or (loss) Paid Close of Year
<S> <C> <C> <C> <C>
Account 216 - Unappropriated Retained
Earnings none none none none
TOTAL none none none
</TABLE>
12 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XII - Long-Term Debt
(In Thousands)
Instructions.-
Advances from associate companies should be reported separately for advances on
notes, and advances on open account. Names of associate companies from which
advances were received shall be shown under the class and series of obligation
column. For Account 224 - Other long-term debt provide the name of creditor
company or organization, terms of the obligation, date of maturity, interest
rate, and the amount authorized and outstanding.
<TABLE>
<CAPTION>
Terms of Obligation Balance at Balance at
Class & Series Date of Interest Amount Beginning Close
Name of Creditor of Obligation Maturity Rate Authorized of Year Additions Deductions<F1> of Year
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Account 223 - Advances from
Associate
Companies: none none none
Account 224 - Other Long-Term
Debt: none none none none
TOTAL none none none none
<FN>
<F1> Give an explanation of Deductions: none
</FN>
</TABLE>
13 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XIII - Current and Accrued Liabilities
(In Thousands)
Instructions: Provide balance of notes and accounts payable to each associate
company. Give description and amount of miscellaneous current and accrued
liabilities. Items less than $10,000 may be grouped, showing the number of items
in each group.
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
Account 233 - Notes Payable to Associate Companies
<S> <C> <C>
Ameren Corporation $0 $1,340
CIPSCO Investment Company 0 1,047
TOTAL 10 $2,387
Account 234 - Accounts Payable to Associate Companies
CIPSCO Investment Company 0 $32
Electric Energy Inc 0 1,554
Ameren Energy 0 6,744
TOTAL $0 $8,330
Account 242 - Miscellaneous Current And Accrued Liabilities
Accrued Dollar More Program 0 $3
Accrued Compensation Awards 0 (630)
Accrued Law Expenses 0 (61)
Accrued Vacation Liability 0 6,954
Major Medical - Contract Employees 0 10
Dental & Optical - Local 1455 0 3
Major Medical - Executive 0 (2)
General American Group Life Insurance 0 15
Long Term Disability Insurance 0 59
Supplemental Group Life 0 6
Medical Insurance 0 7
Personal Care HMO 0 (1)
Employee Medical Plan 0 (14)
Contributions - United Fund 0 15
Wage Garnishments 0 2
Group Health Plan 0 (7)
Major Medical Premium Surplus 0 (190)
Employee Dependent Care Liability 0 3
Dental Allowances - 1439,649,309 0 1
Deferred Comp - Board of Directors 0 60
Installments Received Common Stock 0 3
Self Insured Medical Liability 0 386
TOTAL $6,619
</TABLE>
14 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XIV - Notes to Financial Statements
Instructions:
The space below is provided for important notes regarding the financial
statements or any account thereof Furnish particulars as to any significant
contingent assets or liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be indicated here by
reference.
See pages 14 - B through 14 - H
Pg 14 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
NOTE 1 - Summary of Significant Accounting Policies
Organization and Nature of Operations
Ameren Services, Inc. (the Company) is a wholly-owned subsidiary of Ameren
Corporation (Ameren), registered under the Public Utility Holding Company Act of
1935 (PUHCA). The Company was authorized to conduct business as a service
company for Ameren and its various subsidiaries by order of the Securities and
Exchange Commission (SEC) dated December 31, 1997, which became effective
January 1, 1998. The Company is organized along functional lines to accomplish
its purpose of providing management, administrative, and technical services.
These services are priced so that the Company operates on a break-even basis.
The Company maintains its accounts in accordance with PUHCA, as administered by
the SEC, and has adopted a system of accounts consistent with that prescribed by
the Federal Energy Regulatory Commission. The accounting policies of the Company
conform to generally accepted accounting principles (GAAP).
Property and Plant
The cost of additions to, and betterments of, units of property and plant is
capitalized. Cost includes labor, material, applicable taxes and overheads.
Maintenance expenditures and the renewal of items not considered units of
property are charged to income as incurred. When units of depreciable property
are retired, the original cost and removal cost, less salvage, are charged to
accumulated depreciation.
Depreciation
Depreciation is provided over the estimated lives of the various classes of
depreciable property by applying composite rates on a straight-line basis.
Income Taxes
Ameren and its subsidiaries file a consolidated federal tax return. Deferred tax
assets and liabilities are recognized for the tax consequences of transactions
that have been treated differently for financial reporting and tax return
purposes, measured using statutory tax rates. The Company's expenses are billed
to the other subsidiaries of Ameren and taxes are computed on those entities.
The Company had no deferred tax assets or liabilities at December 31, 1998.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires
management to make certain estimates and assumptions. Such estimates and
assumptions may affect reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reported period.
Actual results could differ from those estimates.
Fair Value of Financial Instruments
The carrying amounts of financial instruments on the Company's books are a
reasonable estimate of their fair value.
NOTE 2 - Common Stock
The Company is authorized to issue 30,000 shares of common stock at a par value
of one cent ($.01) per share. Ameren holds all of the Company's common stock. At
December 31, 1998, there were 1,000 shares outstanding.
Pg 14 - B
<PAGE>
ANNUAL REPORT OF AMEREN
SERVICES COMPANY For
Year Ended December 3 1, 1998
Schedule XIV - Notes to Financial Statements
NOTE 3 - Financing Arrangements
Ameren's non-regulated subsidiaries have established a money pool to better
manage cash and working capital requirements.
Ameren has a bank credit agreement, due 2003, that allows for borrowing on a
long-term basis of up to $200 million. This credit agreement is available to
Ameren and its subsidiaries, including the Company. As of December 31, 1998,
$190 million was available for the Company's use.
NOTE 4 - Retirement Benefits
In 1998, Ameren adopted SFAS 132, "Employers' Disclosures about Pension and
Other Postretirement Benefits."
Ameren has defined-benefit retirement plans covering substantially all of its
employees. Benefits are based on the employees' years of service and
compensation. Ameren's plans are funded in compliance with income tax
regulations and federal funding requirements.
The plans of Union Electric Company (AmerenUE), an operating subsidiary of
Ameren, cover qualified employees of AmerenUE as well as certain employees of
the Company. Following is the pension plan information related to AmerenUE's
plans as of December 31, 1998.
Pension costs for the year were $28 million of which approximately 19% was
charged to construction accounts.
Funded Status of Pension Plans:
(in millions)
Change in benefit obligation
Net benefit obligation at beginning of year $999
Service cost 24
Interest cost 70
Amendments 10
Actuarial loss 38
Special termination benefits 7
Benefits paid (88)
Net benefit obligation at end of year 1,060
Change in plan assets *
Fair value of plan assets at beginning of year 1,006
Actual return on plan assets 122
Employer contributions 1
Benefits paid (88)
Fair value of plan assets at end of year 1,041
Funded status - (excess)/deficiency 19
Unrecognized net actuarial gain 121
Unrecognized prior service cost (73)
Unrecognized net transition asset 6
Accrued pension cost at December 31 $73
Plan assets consist principally of common stocks and fixed income securities.
Pg 14 - C
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
Components of Net Periodic Benefit Cost:
(in millions)
Service cost $24
Interest cost 70
Expected return on plan assets (75)
Amortization of
Transition asset (1)
Prior service cost 6
Actuarial (gain)/loss (3)
Special termination benefit charge 7
Net periodic benefit cost $28
Weighted-average Assumptions for Actuarial Present Value of Projected Benefit
Obligations:
Discount rate at measurement date 6.75%
Expected return on plan assets 8.5%
Increase in future compensation 4%
The plans of Central Illinois Public Service Company (AmerenCIPS), an operating
subsidiary of Ameren, cover substantially all employees of AmerenCIPS as well as
certain employees of the Company. Following is the pension plan information
related to AmerenCIPS' plans as of December 31, 1998.
Pension costs for the year were $9 million of which approximately 19% was
charged to construction accounts.
Funded Status of Pension Plan:
(in millions)
Change in benefit obligation
Net benefit obligation at beginning of year $249
Service cost 8
Interest cost 17
Amendments 5
Actuarial loss 8
Special termination benefits 5
Benefits paid (31)
Net benefit obligation at end of year 261
Change in plan assets *
Fair value of plan assets at beginning of year 319
Actual return on plan assets 38
Employer contributions 5
Benefits paid (31)
Fair value of plan assets at end of year 331
Funded status - excess (70)
Unrecognized net actuarial gain 73
Unrecognized prior service cost (13)
Unrecognized net transition asset 2
Prepaid pension cost at December 31 $(8)
Plan assets consist principally of common and preferred stocks, bonds, money
market instruments and real estate.
Pg 14 - D
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
Components of Net Periodic Benefit Cost:
(in millions)
Service cost $ 8
Interest cost 17
Expected return on plan assets (22)
Amortization of-.
Prior service cost 1
Special termination benefit charge 5
Net periodic benefit cost $ 9
Weighted-average Assumptions for Actuarial Present Value of Projected Benefit
Obligations:
Discount rate at measurement date 6.75%
Expected return on plan assets 8.5%
Increase in future compensation 4%
In addition to providing pension benefits, Ameren provides certain health care
and life insurance benefits for retired employees. Ameren accrues the expected
postretirement benefit costs during employees' years of service.
AmerenUE's plans cover substantially all qualified employees of AmerenUE as well
as certain employees of the Company. AmerenUE's funding policy is to annually
contribute the net periodic cost to a Voluntary Employee Beneficiary Association
trust (VEBA). Postretirement benefit costs were $43 million for 1998 of which
approximately 17% was charged to construction accounts. AmerenUE's transition
obligation at December 31, 1998 is being amortized over the next 14 years.
The MoPSC and the ICC allow the recovery of postretirement benefit costs in
rates to the extent that such costs are funded. In December 1995, AmerenUE
established two external trust funds for retiree health care and life insurance
benefits. In 1998, claims were paid out of the plan trust funds.
Pg 14 - E
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
Funded Status of the Plans:
(in millions)
Change in benefit obligation
Net benefit obligation at beginning of year $333
Service cost 14
Interest cost 24
Actuarial loss 9
Benefits paid (20)
Net benefit obligation at end of year 360
Change in plan assets *
Fair value of plan assets at beginning of year 81
Actual return on plan assets 8
Employer contributions 44
Unincorporated business income tax (3)
Benefits paid (20)
Fair value of plan assets at end of year 110
Funded status - deficiency 250
Unrecognized net actuarial gain 11
Unrecognized prior service cost (3)
Unrecognized net transition obligation (175)
Postretirement benefit liability at December 31 $83
* Plan assets consist principally of common stocks and fixed income securities.
Components of Net Periodic Benefit Cost:
(in millions)
Service cost $14
Interest cost 24
Expected return on plan assets (5)
Amortization of
Transition obligation 12
Actuarial gain (2)
Net periodic benefit cost $43
Assumptions for the Obligation Measurements:
Discount rate at measurement date 6.75%
Expected return on plan assets 8.5%
Medical cost trend rate - initial 5.75%
- ultimate 4.75%
Ultimate medical cost trend rate expected in year 2000
A 1% increase in the medical cost trend rate is estimated to increase the net
periodic cost and the accumulated postretirement benefit obligation
approximately $4 million and $29 million, respectively. A 1% decrease in the
medical cost trend rate is estimated to decrease the net periodic cost and the
accumulated postretirement benefit obligation approximately $4 million and $29
million, respectively.
Pg 14 - F
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
AmerenCIPS' plans cover substantially all qualified employees of AmerenCIPS as
well as certain employees of the Company. AmerenCIPS' funding policy is to fund
the two VEBAs and the 401(h) account established within the AmerenCIPS
retirement income trust with the lesser of the net periodic cost or the amount
deductible for federal income tax purposes. Following is the postretirement plan
information related to AmerenCIPS' plans as of December 31, 1998.
Postretirement benefit costs were $6 million for 1998 of which approximately 20%
was charged to construction accounts. AmerenCIPS' transition obligation at
December 31, 1998 is being amortized over the next 14 years.
The ICC allows the recovery of postretirement benefit costs in rates to the
extent that such costs are funded. Funded Status of the Plans:
(in millions)
Change in benefit obligation
Net benefit obligation at beginning of year $140
Service cost 3
Interest cost 10
Actuarial (gain)/loss 4
Benefits paid (5)
Net benefit obligation at end of year 152
Change in plan assets *
Fair value of plan assets at beginning of year 115
Actual return on plan assets 16
Employer contributions 4
40 1 (h) transfer (2)
Benefits paid (5)
Fair value of plan assets at end of year 128
Funded status - deficiency 24
Unrecognized net actuarial gain 58
Unrecognized net transition obligation (76)
Postretirement benefit liability at December 31 $ 6
* Plan assets consist principally of common and preferred stocks, bonds, money
market instruments and real estate.
Components of Net Periodic Benefit Cost:
(in millions)
Service cost $3
Interest cost 10
Expected return on plan assets (8)
Amortization of:
Transition obligation 5
Actuarial gain (4)
Net periodic benefit cost $6
Pg 14 - G
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For Year Ended
December 31, 1998
Schedule XIV - Notes to Financial Statements
Assumptions for the Obligation Measurements:
Discount rate at measurement date 6.75%
Expected return on plan assets 8.5%
Medical cost trend rate - initial 5.75%
- ultimate 4.75%
Ultimate medical cost trend rate expected in year 2000
A 1% increase in the medical cost trend rate is estimated to increase the net
periodic cost and the accumulated postretirement benefit obligation
approximately $2 million and $22 million, respectively. A 1% decrease in the
medical cost trend rate is estimated to decrease the net periodic cost and the
accumulated postretirement benefit obligation approximately $2 million and $22
million, respectively.
NOTE 5 - Interchange Transactions
The Company acts as an agent for the coordination of interchange transactions
with outside parties. Amounts related to these transactions are allocated to
AmerenUE and AmerenCIPS.
Pg 14 - H
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XV Statement of Income
(In Thousands)
<TABLE>
<CAPTION>
Account Description Current Year Prior Year - N/A
Income
<S> <C> <C>
457 Services rendered to associate companies $222,128
458 Services rendered to nonassociate companies 0
456 Other Electric Revenues 16
Total Income 222,144
Expense
920 Salaries and wages 59,188
921 Office Supplies and Expenses 12,917
922 Administrative Expense Transferred - Credit 650
923 Outside Services Employed 79,424
924 Property Insurance 3
925 Injuries and Damages (967)
926 Employee Pensions and Benefits (505)
928 Regulatory Commission Expense701
930.1 General Advertising Expenses 16
930.2 Miscellaneous General Expenses 4,070
931 Rents 20,036
935 General Plant Maintenance 1,517
901 Customer Accounts - Supervision 277
902 Customer Accounts - Meter Reading 1,477
903 Customer Accounts - Customer Records 8,304
905 Customer Accounts - Miscellaneous 419
908 Customer/Information Expense - Assistance 892
909 Customer/Information Expense - Informational 1,328
910 Customer/Information Expense - Miscellaneous 650
912 Demonstration & Selling Expenses 3,446
916 Miscellaneous Sales Expense 214
501 Steam - Operation Supervision & Eng. 1,350
505 Steam - Electric Expenses 21
510 Steam - Maintenance Supervision & Eng 648
512 Steam - Maintenance of Boiler Plant 1
513 Steam - Maintenance of Electric Plant 3
517 Nuclear - Operation Supervision & Eng 7
524 Nuclear - Miscellaneous Operation Expenses 100
528 Nuclear - Maintenance Supervision & Eng. 4
537 Hydro Operation - Hydraulic Expenses 2
539 Hydro Operation - Miscellaneous Expenses 1
541 Hydro Maintenance - Supervision & Eng 182
Subtotal 196,376
</TABLE>
15 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XV Statement of Income (Continued)
(In Thousands)
<TABLE>
<CAPTION>
Account Description Current Year Prior Year - N/A
<S> <C> <C>
556 Other Power Supply Expenses 1,663
557 Other Power Supply Expenses - Training 2,229
560 Transmission Operation - Supervision & Eng 87
561 Transmission Operation - Load Dispatch 2,925
566 Transmission Operation - Misc. Expenses 9
568 Transmission Maintenance - Supv. & Eng. 542
580 Distribution Operation - Supervision & Eng 1,469
581 Distribution Operation - Load Dispatch 4
582 Distribution Operation - Station Expenses 24
583 Distribution Operation - Overhead Line 33
584 Distribution Operation - Underground Lines 25
585 Distribution Operation - Street Lighting 1
586 Distribution Operation - Meter Expenses 869
587 Distribution Operation - Installation Expense 60
588 Distribution Operation - Misc. 1,169
590 Distribution Maintenance - Supv. & Eng 2,329
592 Distribution Maintenance - Station Expenses 193
593 Distribution Maintenance - Overhead Lines 907
594 Distribution Maintenance - UG Lines 3
596 Distribution Maintenance - Street Lighting 3
597 Distribution Maintenance - Meters 160
598 Distribution Maintenance - Misc 8
807 Purchase Gas Expense 809
814 Underground Storage Operation - Supv. & Eng 72
830 Underground Storage Expense Maintenance 71
850 Transmission Expense - Supv. & Eng 58
857 Transmission Expense - Regulating Stations 440
859 Transmission Expense - Other 1,657
861 Transmission Expense Maintenance - Supv. 60
867 Transmission Expense Maintenance - Other 18
870 Distribution Operation - Supervision & Eng 332
879 Distribution Operation - Installation Expense 5
880 Distribution Operation - Other 577
885 Distribution Maintenance - Supv. & Eng 9
893 Distribution Maintenance - Meters 687
403 Depreciation and Amortization Expense 612
408 Taxes Other Than Income Taxes 1,065
419 Interest & Dividend Income (32)
421 Provision for Deferred Income Taxes (33)
418 Non-Operating Rental Income 35
426.1 Donations 2
426.4 Expenditures for certain civic activities 125
426.5 Other Deductions 1,788
427 Interest on Long-Term Debt 0
431 Other Interest Expense 2,699
Total Expense 222,144
Net Income or (Loss) $0
</TABLE>
15 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Analysis of Billing
Associate Companies - Account 457
(In Thousands)
<TABLE>
<CAPTION>
Direct Indirect Compensation Total
Costs Costs For Use Amount
Name of Associate Company Charged Charged of Capital Billed
457-1 457-2 457-3
<S> <C> <C> <C> <C>
Ameren Corporation $445 $156 $601
Ameren Energy Communications 267 114 381
CIPSCO Investment Company 180 55 235
Union Electric Development Company 931 248 1,179
Ameren Energy, Inc 161 39 200
AmerenERC 116 43 159
AmerenUE 126,016 29,027 155,043
AmerenCIPS 52,223 12,107 64,330
TOTAL $180,339 $41,789 $0 $222,128
</TABLE>
16 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Analysis of Billing
Nonassociate Companies - Account 458
(In Thousands)
Instruction:
Provide a brief description of the services rendered to each nonassociate
company:
Name of Non-
associate Company Direct Indirect Compensation Total Excess Total
Cost Cost For Use Cost Or Amount
Charged Charged of Capital Deficiency Billed
458-1 458-2 457-3 458-4
none
TOTAL $0 $0 $0 $0 $0 $0
17 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XVI - Analysis of Charges for Service Associate
and Nonassociate Companies
(in Thousands)
Instruction:
Total cost of service will equal for associate and nonassociate companies the
total amount billed under their separate analysis of billing schedules.
<TABLE>
<CAPTION>
Associate Company Charges Nonassociate Company Charges Total Charges for Service
Direct Indirect Direct Indirect Direct Indirect
Account Description of Items Cost Cost Total Cost Cost Total Cost Cost Total
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $48,790 $10,398 $59,188 $0 $0 $0 $48,790 $10,398 $59,188
921 Office Supplies and Expenses 11,414 1,503 12,917 0 11,414 1,503 12,917
922 Administrative Expense
Transferred - Credit 650 650 0 0 650 650
923 Outside Services Employed 72,894 6,530 79,424 0 72,894 6,530 79,424
924 Property Insurance 1 2 3 0 1 2 3
925 Injuries and Damages (967) 0 (967) 0 (967) 0 (967)
926 Employee Pensions and Benefits (505) 0 (505) 0 (505) 0 (505)
928 Regulatory Commission Expense 697 4 701 0 697 4 701
930.1 General Advertising Expenses 16 0 16 0 16 0 16
930.2 Miscellaneous General Expenses 3,314 756 4,070 0 3,314 756 4,070
931 Rents 2,417 17,619 20,036 0 2,417 17,619 20,036
935 General Plant Maintenance 1,323 194 1,517 0 1,323 194 1,517
901 Customer Accounts
- Supervision 273 4 277 0 273 4 277
902 Customer Accounts
- Meter Reading 1,475 2 1,477 0 1,475 2 1,477
903 Customer Accounts
- Customer Records 7,878 426 8,304 0 7,878 426 8,304
905 Customer Accounts
- Miscellaneous 419 0 419 0 419 0 419
908 Customer/information Expense
- Assistance 743 149 892 0 743 149 892
909 Customer/Information Expense
- Informational 1,182 146 1,328 0 1,182 146 1,328
910 Customer/Information Expense
- Miscellaneous 526 124 650 0 526 124 650
912 Demonstration & Selling Expenses 2,977 469 3,446 0 2,977 469 3,446
916 Miscellaneous Sales Expense 210 4 214 0 210 4 214
501 Steam - Operation
Supervision & Eng. 1,301 49 1,350 0 1,301 49 1,350
505 Steam - Electric Expenses 0 21 21 0 0 21 21
510 Steam - Maintenance
Supervision & Eng 648 0 648 0 648 0 648
512 Steam - Maintenance of
Boiler Plant 1 0 1 0 1 0 1
513 Steam - Maintenance of
Electric Plant 3 0 3 0 3 0 3
Subtotal $157,030 $39,050 $196,080 $0 $0 $0 $157,030 $39,050 $196,0801
</TABLE>
18 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVI - Analysis of Charges for Service Associate
and Nonassociate Companies
(In Thousands)
Instruction:
Total cost of service will equal for associate and nonassociate companies the
total amount billed under their separate analysis of billing schedules.
<TABLE>
<CAPTION>
Associate Company Charges Nonassociate Company Charges Total Charges for Service
Direct Indirect Direct Indirect Direct Indirect
Account Description of Items Cost Cost Total Cost Cost Total Cost Cost Total
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
517 Nuclear - Operation Supervision
& Eng $7 $0 $7 $0 $7 $0 $7
524 Nuclear - Miscellaneous Operation
Expenses 100 0 100 0 100 0 100
528 Nuclear - Maintenance Supervision
& Eng. 4 0 4 0 4 0 4
537 Hydro Operation - Hydraulic
Expenses 2 0 2 0 2 0 2
539 Hydro Operation - Miscellaneous
Expenses 1 0 1 0 1 0 1
541 Hydro Maintenance - Supervision
& Eng 182 0 182 0 182 0 182
556 Other Power Supply Expenses 1,652 11 1,663 0 1,652 11 1,663
557 Other Power Supply Expenses
- Training 2,133 96 2,229 0 2,133 96 2,229
560 Transmission Operation
- Supervision & Eng 87 0 87 0 87 0 87
561 Transmission Operation
- Load Dispatch 2,924 1 2,925 0 2,924 1 2,925
566 Transmission Operation
- Misc. Expenses 5 4 9 0 5 4 9
568 Transmission Maintenance
- Supv. & Eng. 542 0 542 0 542 0 542
580 Distribution Operation
- Supervision & Eng 1,393 76 1,469 0 1,393 76 1,469
581 Distribution Operation
- Load Dispatch 4 0 4 0 4 0 4
582 Distribution Operation
- Station Expenses 22 2 24 0 22 2 24
583 Distribution Operation
- Overhead Line 30 3 33 0 30 3 33
584 Distribution Operation
- Underground Lines 23 2 25 0 23 2 25
585 Distribution Operation
- Street Lighting 1 0 1 0 1 0 1
586 Distribution Operation
- Meter Expenses 838 31 869 0 838 31 869
587 Distribution Operation
- Installation Expense 39 21 60 0 39 21 60
588 Distribution Operation
- Misc. 1,110 59 1,169 0 1,110 59 1,169
590 Distribution Maintenance
- Supv. & Eng 2,197 132 2,329 0 2,197 132 2,329
592 Distribution Maintenance
- Station Expenses 193 0 193 0 193 0 193
593 Distribution Maintenance
- Overhead Lines 868 39 907 0 868 39 907
594 Distribution Maintenance
- UG Lines 3 0 3 0 3 0 3
596 Distribution Maintenance
- Street Lighting 3 0 3 0 3 0 3
597 Distribution Maintenance
- Meters 160 0 160 0 160 0 160
598 Distribution Maintenance
- Misc 8 0 8 0 8 0 8
Subtotal $14,531 $477 $15,008 $0 $0 $0 $14,531 $477 $15,008
</TABLE>
18 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVI - Analysis of Charges for Service Associate
and Nonassociate Companies
(In Thousands)
Instruction:
Total cost of service will equal for associate and nonassociate companies the
total amount billed under their separate analysis of billing schedules.
<TABLE>
<CAPTION>
Associate Company Charges Nonassociate Company Charges Total Charges for Service
Direct Indirect Direct Indirect Direct Indirect
Account Description of Items Cost Cost Total Cost Cost Total Cost Cost Total
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
807 Purchase Gas Expense $809 $0 $809 $0 $809 $0 $809
814 Underground Storage Operation
- Supv. & Eng 72 0 72 0 72 0 72
830 Underground Storage Expense
Maintenance 71 0 71 0 71 0 71
850 Transmission Expense
- Supv. & Eng 58 0 58 0 58 0 58
857 Transmission Expense
- Regulating Stations 440 0 440 0 440 0 440
859 Transmission Expense
- Other 1,657 0 1,657 0 1,657 0 1,657
861 Transmission Expense
Maintenance - Supv. 60 0 60 0 60 0 60
867 Transmission Expense
Maintenance - Other 18 0 18 0 18 0 18
870 Distribution Operation
- Supervision & Eng 332 0 332 0 332 0 332
879 Distribution Operation
- Installation Expense 5 0 5 0 5 0 5
880 Distribution Operation
- Other 566 11 577 0 566 11 577
885 Distribution Maintenance
- Supv. & Eng 9 0 9 0 9 0 9
893 Distribution Maintenance
- Meters 687 0 687 0 687 0 687
403 Depreciation and
Amortization Expense 0 612 612 0 0 612 612
408 Taxes Other Than Income Taxes 1,065 0 1,065 0 0 1,065 1,065
419 Interest & Dividend Income (32) 0 (32) 0 0 (32) (32)
421 Provisions for Deferred
Income Taxes (33) 0 (33) 0 0 (33) (33)
418 Non-Operating Rental Income 320 3 35 0 32 3 35
426.1 Donations 2 0 2 0 2 0 2
426.4 Expenditures for certain
civic activities 89 36 125 0 89 36 125
426.5 Other Deductions 1,653 135 1,788 0 1,653 135 1,788
427 Interest on Long-Term Debt 0 0 0 0 0 0 0
431 Other Interest Expense 2,699 0 2,699 0 0 2,699 2,699
TOTAL EXPENSES $178,121 $44,023 $222,144 $0 $0 $0 $178,121 $44,023 $222,144
430 Interest on Debt to
Associate Companies 0 0 0 0 0 0 0
TOTAL COST OF SERVICE $178,121 $44,023 $222,144 $0 $0 $0 $178,121 $44,023 $222,144
</TABLE>
18 - B
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended December 31, 1998
Schedule XVII - Schedule of Expense Distribution
by Department or Service Function
(In Thousands)
<TABLE>
<CAPTION>
Account Total Corporate Division
Number Description of Items Amount Overheads Comm. Controllers' Marketing
<S> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $59,188 $631 $6,919 $2
921 Office Supplies and Expenses 12,917 197 303 48
922 Admin. Exp. Transferred - Credit 650 27
923 Outside Services Employed 79,424 (4,311) 759 3,798 197
924 Property Insurance 3
925 Injuries and Damages (967)
926 Employee Pensions and Benefits (505) (146)
928 Regulatory Commission Expense 701
930.1 General Advertising Expenses 16 16
930.2 Miscellaneous General Expenses 4,070 1,520
931 Rents 20,036
935 General Plant Maintenance 1,517
901 Customer Accounts - Supervision 277
902 Customer Accounts - Meter Reading 1,477
903 Customer Accounts - Records 8,304 1,061
905 Customer Accounts - Miscellaneous 419
908 Customer Assistance Expense 892 758
909 Customer Informational Expense 1,328 772 497
910 Miscellaneous Customer Expense 650 553
912 Demonstration & Selling Expenses 3,446 3,425
916 Miscellaneous Sales Expense 214 214
501 Steam - Operation Supervision & Eng. 1,350
505 Steam - Electric Expenses 21
510 Steam - Maintenance Supervision & Eng 648
512 Steam - Maintenance of Boiler Plant 1
513 Steam - Maintenance of Electric Plant 3
SUBTOTAL $196,080 ($4,311) $3,749 $11,047 $6,755
Account Division Engineering Energy Environmental Executive
Number Description of Items Support & Const. Serv.-Other Safety & Health
<C> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $858 $2,664 $2,524 $2,407 $1,929
921 Office Supplies and Expenses 17 220 171 171 46
922 Admin. Exp. Transferred - Credit
923 Outside Services Employed 5,037 11,140 2,545 1,384
924 Property Insurance 1
925 Injuries and Damages (4)
926 Employee Pensions and Benefits (359)
928 Regulatory Commission Expense 171
930.1 General Advertising Expenses
930.2 Miscellaneous General Expenses
931 Rents 2,170
935 General Plant Maintenance 29 23
901 Customer Accounts - Supervision 24 1
902 Customer Accounts - Meter Reading 7
903 Customer Accounts - Records 2 79
905 Customer Accounts - Miscellaneous
908 Customer Assistance Expense 48 12
909 Customer Informational Expense
910 Miscellaneous Customer Expense
912 Demonstration & Selling Expenses
916 Miscellaneous Sales Expense
501 Steam - Operation Supervision & Eng. 1,350
505 Steam - Electric Expenses 1
510 Steam - Maintenance Supervision & Eng 3 640
512 Steam - Maintenance of Boiler Plant 1
513 Steam - Maintenance of Electric Plant
SUBTOTAL $5,589 $14,694 $8,975 $2,603 $3451
</TABLE>
19 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVII- Schedule of Expense Distribution
by Department or Service Function
(in Thousands)
<TABLE>
<CAPTION>
Account Finance - Gas General Gas Human IM Industrials
Number Other Supply Counsel Support Resources Relations
<S> <C> <C> <C> <C> <C> <C> <C>
920 $2,853 $418 $3,895 $52 $11,520 $1,370
921 192 64 411 10 619 58
922 79 131
923 1,210 657 2,104 5 1,354 299
924 2
925 (963)
926
928 530
930.1
930.2 1 1,294 47
931 224 24
935 28
901
1902 169 295
903 100 (200)
905 124 295
908
909
910
912 11 7 3
916
501
505 20
510
512
513
Sub
total $4,491 $1,532 $7,376 $67 $14,116 $3 $1,727
Account Information Metropolitan Nuclear Departments Power Regional Supply Treasurers
Number Technologies Other Plant Service
920 $15,511 $694 $3,155 $1,786
921 10,100 7 81 202
922 413
923 42,830 625 119 17 671 6,056 2,928
924
925
926
928
930.1
930.2 1,208
931 66 17,552
935 693 737 7
901 252
1902 1,006
903 4,492 169 2,601
905
908 3 71
909 59
910 50 47
912
916
501
505
510 5
512
513 3
Sub
total $75,416 $625 $0 $813 $25 $1,024 $27,581 $8,732
</TABLE>
19 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVII - Schedule of Expense Distribution
by Department or Service Function
(In Thousands)
<TABLE>
<CAPTION>
Account Total Corporate Division Division
Number Description of Items Amount Overheads Comm. Controllers' Marketing Support
<S> <C> <C> <C> <C> <C> <C> <C>
517 Nuclear - Operation Supervision & Eng 7
524 Nuclear - Misc. Operation Expenses 100
528 Nuclear - Mtce Supervision & Eng. 4 3
537 Hydro Operation - Hydraulic Expenses 2
539 Hydro Operation - Miscellaneous Expenses 1
541 Hydro Maintenance - Supervision & Eng 182
556 Other Power Supply Expenses 1,663
557 Other Power Supply Expenses - Training 2,229
560 Trans. Operation - Supervision & Eng 87 58
561 Trans. Operation - Load Dispatch 2,925
566 Trans. Operation - Misc. Expenses 9 5
568 Trans. Maintenance - Supv. & Eng. 542 521
580 Distribution Operation - Supv. & Eng 1,469 1,383
581 Distribution Operation - Load Dispatch 4
582 Distribution Operation - Station Expenses 24 24
583 Distribution Operation - Overhead Line 33 33
584 Dist. Operation - Underground Lines 25 25
585 Distribution Operation - Street Lighting 1 1
586 Distribution Operation - Meter Expenses 869 869
587 Dist. Operation - Installation Expense 60 43
588 Distribution Operation - Misc. 1,169 586
590 Distribution Maintenance - Supv. & Eng 2,329 2,251
592 Dist. Maintenance - Station Expenses 193 192
593 Distribution Maintenance - Overhead Lines 907 894
594 Distribution Maintenance - UG Lines 3 3
596 Distribution Maintenance - Street Lighting 3 3
597 Distribution Maintenance - Meters 160 148
598 Distribution Maintenance - Misc 8 8
807 Purchase Gas Expense 809
814 UG Storage Operation - Supv. & Eng 72
830 UG Storage Expense Maintenance 71
Subtotal $15,960 $0 $0 $0 $0 $7,050
Account Engineering Energy Environmental Executive
Number Description of Items & Const. Serv.-Other Safety & Health
<S> <C> <C> <C> <C> <C>
517 Nuclear - Operation Supervision & Eng
524 Nuclear - Misc. Operation Expenses
528 Nuclear - Mtce Supervision & Eng. 1
537 Hydro Operation - Hydraulic Expenses 2
539 Hydro Operation - Miscellaneous Expenses 1
541 Hydro Maintenance - Supervision & Eng 182
556 Other Power Supply Expenses 1,663
557 Other Power Supply Expenses - Training 65 1,190 6
560 Trans. Operation - Supervision & Eng 29
561 Trans. Operation - Load Dispatch 2,925
566 Trans. Operation - Misc. Expenses 4
568 Trans. Maintenance - Supv. & Eng. 1 20
580 Distribution Operation - Supv. & Eng
581 Distribution Operation - Load Dispatch
582 Distribution Operation - Station Expenses
583 Distribution Operation - Overhead Line
584 Dist. Operation - Underground Lines
585 Distribution Operation - Street Lighting
586 Distribution Operation - Meter Expenses
587 Dist. Operation - Installation Expense
588 Distribution Operation - Misc. 13
590 Distribution Maintenance - Supv. & Eng 67
592 Dist. Maintenance - Station Expenses 1
593 Distribution Maintenance - Overhead Lines
594 Distribution Maintenance - UG Lines
596 Distribution Maintenance - Street Lighting
597 Distribution Maintenance - Meters
598 Distribution Maintenance - Misc
807 Purchase Gas Expense
814 UG Storage Operation - Supv. & Eng
830 UG Storage Expense Maintenance
Subtotal $253 $5,778 $74 $151
</TABLE>
19 - B
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVII- Schedule of Expense Distribution
by Department or Service Function
(in Thousands)
<TABLE>
<CAPTION>
Account Finance - Gas General Gas Human IM Industrial
Number Other Supply Counsel Support Resources Relations
<S> <C> <C> <C> <C> <C> <C> <C>
517
524 23 65
528
537
539
541
556
557 31
560
561
566
568
580
581
582
583
584
585
586
587
588 323 230
590 11
592
593
594
596
597 12
598
807 547 262
814 72
830 71
Sub
Total $346 $713 $0 $262 $326 $0 $0
Account Information Metropolitan Nuclear Departments Power Regional Supply Treasurers
Number Technologies Other Plant Service
<S> <C> <C> <C> <C> <C> <C> <C> <C>
517 $7
524 12
528
537
539
541
556
557 937
560
561
566
568
580
581 4
582
583
584
585
586
587 17
588 17
590
592
593 11 2
594
596
597
598
807
814
830
Sub
Total $953 $11 $7 $0 $0 $19 $17 $0
</TABLE>
19 - C
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVII - Schedule of Expense Distribution
by Department or Service Function
(In Thousands)
<TABLE>
<CAPTION>
Account Total Corporate Division
Number Description of Items Amount Overheads Comm. Controllers' Marketing
<S> <C> <C> <C> <C> <C> <C>
850 Transmission Expense - Supv. & Eng $58
857 Trans. Expense - Regulating Stations 440
859 Transmission Expense - Other 1,657
861 Trans. Expense Maintenance - Supv. 60
867 Trans. Expense Maintenance - Other 18
870 Dist. Operation - Supervision & Eng 332
879 Dist. Operation - Installation Expense 5
880 Distribution Operation - Other 577
885 Distribution Maintenance - Supv. & Eng 9
893 Distribution Maintenance - Meters 687
403 Depreciation and Amortization Expense 612 612
408 Taxes Other Than Income Taxes 1,065 1065
419 Interest & Dividend Income (32) (32)
421 Provisions for Deferred Income Taxes (33) (33)
418 Non-Operating Rental Income 35
426.1 Donations 2 2
426.4 Expenditures for certain civic activities 125 5
426.5 Other Deductions 1,788 204 169 412
427 Interest on Long-Term Debt 0
431 Other Interest Expense 2,699 2,699
Total Expenses $222,144 $0 $3,958 $11,218 $7,167
Account Division Engineering Energy Environmental Executive
Number Description of Items Support & Const. Serv.-Other Safety & Health
<S> <C> <C> <C> <C> <C> <C>
850 Transmission Expense - Supv. & Eng
857 Trans. Expense - Regulating Stations
859 Transmission Expense - Other
861 Trans. Expense Maintenance - Supv.
867 Trans. Expense Maintenance - Other
870 Dist. Operation - Supervision & Eng 65
879 Dist. Operation - Installation Expense
880 Distribution Operation - Other 3
885 Distribution Maintenance - Supv. & Eng 9
893 Distribution Maintenance - Meters
403 Depreciation and Amortization Expense
408 Taxes Other Than Income Taxes
419 Interest & Dividend Income
421 Provisions for Deferred Income Taxes
418 Non-Operating Rental Income
426.1 Donations
426.4 Expenditures for certain civic activities
426.5 Other Deductions 1 44 212 43
427 Interest on Long-Term Debt
431 Other Interest Expense
Total Expenses $12,717 $14,991 $14,965 $2,677 $3,645
</TABLE>
19 - D
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Schedule XVII- Schedule of Expense Distribution
by Department or Service Function
(in Thousands)
<TABLE>
<CAPTION>
Account Finance - Gas General Gas Human IM Industrial
Number Other Supply Counsel Support Resources Relations
<S> <C> <C> <C> <C> <C> <C> <C>
850 $58
857 440
859 1,657
861 60
867 18
870 267
879
880 488 3 6 77
885
893 687
403
408
419
421
418 35
426.1
426.4 120
426.5 24 18 23
427
431
Total $4,861 $5,920 $7,517 $335 $14,577 $3 $1,727
Account Information Metropolitan Nuclear Departments Power Regional Supply Treasurers
Number Technologies Other Plant Service
850
857
859
861
867
870
879 5
880
885
893
403
408
419
421
418
426.1
426.4
426.5 499 4 108 27
427
431
Total $76,868 $636 $7 $817 $25 $1,048 $27,706 $8,759
</TABLE>
19 - E
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Departmental Analysis of Salaries - Account 920
(In Thousands)
<TABLE>
<CAPTION>
Departmental Salary Expense
Name of Department Included in Amounts Billed to Number of
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
<S> <C> <C> <C> <C> <C>
See page 21 $59,188 $0 $59,188 $0 1,330
TOTAL $59,188 $0 $59,188 $0 1,330
</TABLE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Outside Services Employed - Account 923
(In Thousands)
Instructions:
Provide a breakdown by subaccount of outside services employed. If the
aggregate amounts paid to any one payee and included within one subaccount is
less than $25,000, only the aggregate number and amount of all such payments
included within the subaccount need be shown. Provide a subtotal for each type
of service.
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
See pages 21 - A
through 21 - B $79,424
20 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Departmental Analysis of Salaries - Account 920
(In Thousands)
<TABLE>
<CAPTION>
Departmental Salary Expense
Name of Department Included in Amounts Billed to Number of
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
<S> <C> <C> <C> <C> <C>
Corporate Communications $631 $631 10
Controllers' 6,919 6,919 79
Division Marketing 2 2 42
Division Support 858 858 110
Engineering & Construction 2,664 2,664 128
Energy Services, Other 2,524 2,524 81
Environmental, Safety and Health 2,407 2,407 27
Executive 1,929 1,929 69
Finance & Accounting, Other 2,853 2,853 31
Gas Support 418 418 31
General Counsel 3,895 3,895 43
Gas Supply 52 52 7
Human Resource 11,520 11,520 115
Industrial Relations 1,370 1,370 9
IM 0 0 0
Information Technology 15,511 15,511 357
Metropolitan 0 0 0
Nuclear 0 0 0
Other Departments 694 694 0
Power Plant 0 0 0
Regional 0 0 0
Supply Service 3,155 3,155 117
Treasurer's 1,786 1,786 74
$59,188 $0 $59,188 $0 1,330
</TABLE>
21 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Outside Services Employed - Account 923
(In Thousands)
<TABLE>
<CAPTION>
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Associate Amount
OUTSIDE SERVICE
<S> <C> <C>
Anderson Consulting NA $658
Bradford* Gait NA 37
CSC Planmetrics NA 1,098
ESG Technologies NA 76
Fleishman-Hillard NA 27
Hewitt Associates NA 79
Human Resource Management NA 72
Joseph H Stampfl NA 4
Kevin Roundcount NA 2
Levi Ray & Shoup NA 14
Metzler & Associates NA 555
Metzler Services NA 143
National Economic Resource NA 67
Personal Performance NA 221
Pierce Leahy Corp NA 31
Price Waterhouse NA 566
Putnam Hayes & Bard NA 163
Reid & Preist NA 51
Software Architects NA 12
Towers Perrin NA 121
Other (105) NA 757
Total $4,754
OUTSIDE SERVICE - Legal
Maxim Group NA $2
Milbank Tweed Hadley NA 48
RHI Consulting NA 29
Other (6) NA 173
Total $252
OUTSIDE SERVICE - (affiliate provided)
Human Resource Management NA $7
Other (3) NA 44,329
Total $44,336
</TABLE>
21 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES
COMPANY For the Year Ended
December 31, 1998
Outside Services Employed - Account 923
(In Thousands)
<TABLE>
<CAPTION>
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Associate Amount
OUTSIDE SERVICE - Software
<S> <C> <C>
Advance Resources NA $46
Aerotek NA 179
Alternative Resource NA 68
Andersen Consulting NA 22,057
Bradford & Gait NA 163
Computer Enterprises NA 36
Cook Systems International NA 112
Criterion NA 40
Data Processing Resources NA 136
Diversified Consulting NA 57
Diversified Services NA 275
Docucorp International NA 407
EDS Corporation NA 588
ESG Technologies NA 4
Enterprise Consulting NA 30
Four Star Associates NA 197
Four Star Group NA 239
Guaranteed Computers NA 139
Guffey and Associates NA 54
Harbinger NA 66
Innovations NA 39
Intecon NA 331
John Albrecht NA 45
JT Roberts NA 129
Joseph H Stampfl NA 111
Kevin Roundcount NA 47
Levi Ray & Shoup NA 524
MSF&W NA 60
Maxim Group NA 35
RHI Consulting NA 151
Richard Utt NA 55
Ron Cook & Assoc NA 61
Rose International NA 814
Software Architects NA 811
Solution Consultants NA 947
Source Services NA 64
System Services Enterprise NA 31
Technology Partners NA 151
Trans Energy Management NA 27
Work Group Connection NA 46
4-Serv NA 286
Other (57) NA 424
subtotal $30,082
TOTAL $79,424
</TABLE>
21 - B
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Employee Pensions and Benefits - Account 926
(In Thousands)
Instructions: Provide a listing of each pension plan and benefit program
provided by the service company. Such listing should be limited to $25,000.
Description Amount
Employee Meetings/Functions/Awards $620
Savings Investment Plan 1,874
Post Retirement Benefits Other Pension 11,088
Group Life Insurance 143
Employee Retirement and Insurance Expenses 927
Medical Insurance 7,489
Accidental Death & Dismemberment Insurance 26
Dental Insurance 242
Pension Plans 5,650
Other (25)
Transfer to Construction from Acct. 926 (26,539)
TOTAL (505)
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
General Advertising Expenses - Account 930.1
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 930. 1, "General Advertising
Expenses," classifying the items according to the nature of the advertising and
as defined in the account definition. If a particular class includes an amount
in excess of $3,000 applicable to a single payee, show separately the name of
the payee and the aggregate amount applicable thereto.
Description Name of Payee Amount Amount
Advertising in newspapers, periodicals, Telephone Directory $10
billboards, radio, etc. Others 6
Total $16
22 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Miscellaneous General Expenses - Account 930.2
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 930.2, "Miscellaneous
General Expenses," classifying such expenses according to their nature. Payments
and expenses permitted by Section 321 (b)(2) of the Federal Election Campaign
Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. SS441 (b)(2)) shall be
separately classified.
Description Amount
Labor $1,593
Investor Relations 380
Public Relations 501
Stockholder Related Expenses 422
Board of Director Expenses 1,115
Other Miscellaneous Expenses 59
TOTAL $4,070
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Rents - Account 931
(In Thousands)
Instructions.
Provide a listing of the amount included in Account 93 1, "Rents," classifying
such expenses by major groupings of property, as defined in the account
definition of the Uniform System of Accounts.
Type of Property Amount
General office $20,014
Automobile 22
TOTAL $20,036
23 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Taxes Other Than Income Taxes - Account 408
(In Thousands)
Instructions:
Provide an analysis of Account 408, "Taxes Other Than Income Taxes." Separate
the analysis into two groups: (1) other than U.S. Government taxes, and (2) U.S.
Government taxes. Specify each of the various kinds of taxes and show the
amounts thereof.
Provide a subtotal for each class of tax.
Kind of Tax Amount
Taxes' Other Than U.S. Government Taxes
Corporate Franchise/Miscellaneous Taxes $7
Subtotal - Taxes Other Than U.S. Government Taxes 7
U.S. Government Taxes
Payroll Taxes 1,058
TOTAL $1,065
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Donations - Account 426.1
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 426. 1, "Donations,"
classifying such expenses by its purpose. The aggregate number and amount of all
items of less than $3,000 may be in lieu of details.
Name of Recipient Purpose of Donation Amount
Others $2
TOTAL $2
24 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Other Deductions - Account 426.5
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 426.5, "Other Deductions,"
classifying such expenses according to their nature.
Description Amount
Other Deductions $1,027
Miscellaneous 192
Energy Conservation 3
Appliance Warranty Program 51
Bill Payment Insurance 23
Distribution Service Contracts 12
Ameren Partners 198
ABACUS 100
Consolidated Billing 86
Power Quality 7
Hi-Voltage Facility Maintenance & Training 64
Customer Substation 25
TOTAL $1,788
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For the Year Ended December 31, 1998
Schedule XVIII - Notes to Statement of Income
Instructions:
The space below is provided for important notes regarding the statement of
income or any account thereof. Furnish particulars as to any significant
increases in services rendered or expenses incurred during the year. Notes
relating to financial statements shown elsewhere in this report may be indicated
here by reference.
See Notes to Financial Statements on pages 14 - B through 14 - K
25 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
Organization Chart
See pages 26 - A through 26 - C
Methods of Allocation
See page 26 - B through 26 - C
Annual Statement of Compensation for Use of Capital Billed
- None -
26 of 27 pages
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For Year Ended December 31, 1999
Organization Chart
Organization
President
Customer Services - Senior Vice President
Corporate Communications - Vice President
Advertising & Community Relations
Media & Employee Communications
Division Support - Vice President
Customer Relations
Distribution Engineering
Distribution Operating
Personnel Development & Administration
Substations & Transmission
System Relay Service
Information Technology - Vice President
Customer Accounts
Data Operations
Planning & Support
Telecommunications
Development
Marketing & Sales - General Manager
Pricing
Sales & Service
Marketing
Marketing & Sales
Illinois Sales
Economic Development
Energy Supply Services - Senior Vice President
Energy Supply - Vice President
Operations Analysis
System Operations
EMS Support
Gas Operations Support - Vice President
Gas Technical Support
Gas Transportation
Metering
Training
Gas Control
Supply Services - Vice President
Building Service
Motor Transportation
Purchasing
Real Estate
Stores
26 - A
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For Year Ended December 31, 1999
Organization Chart
Energy Supply Services - Senior Vice President (cont.)
Corporate Planning - Vice President
Rate Engineering
Corporate Analysis
Business Analysis
Environmental Safety & Health - Manager
Air Quality
Water Quality
Waste Management
Safety & Health
Fossil Fuel - Manager
Transportation
Coal Planning & Procurement Director
Asset Management
Business Development
Gas Supply - Manager
Gas Supply
Finance & Corporate Services - Senior Vice President
Engineering & Construction - Vice President
Power Plant Design
Electrical Engineering & Transmission Planning
Construction & Services
General Counsel & Secretary - Vice President
Government Affairs
Vice President & Controller
Performance Management
Accounting
Budget
Financial Communications
Systems/Special Projects
Treasurer
Banking
Financial Planning & Investments
Investor Services
Tax - Manager
Income Tax Compliance
Excise Taxes
Ad Valorem Taxes
Internal Audit - Manager
Internal Audit
26 - B
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
For Year Ended December 31, 1999
Organization Chart
Human Resources - Vice President
Compensation and Personnel Administration
Employee Benefits
Staffing & Organizational Development
Communication & Training Services
Industrial Relations - Vice President
Merger Coordination - Vice President
26- C
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
Methods of Allocation
Composite - Energy Sales, Customers and Employees
Based on three components of equal weighting: energy sales, average customers
and number of employees.
Customers
Based on a year-end count of electric and gas customers.
Sales
Based on the year-end energy sales.
Employees
Based on the number of full time employees monthly.
Labor
Based on yearly Operation & Maintenance labor costs.
Revenue
Based on total revenue earned by operating company.
Total Capitalization
Based on total operating company capitalization value at year-end.
Total Assets
Based on total operating company assets at year- end.
Construction Expenditures
Based on yearly construction expenditures by each operating company.
Peak Load
Based on Peak Load at each operating center. Each operating power plant peak
generation provides electric ratio. Gas ratio is derived from system peak at
a transportation intake point for Ameren's system.
Generating Capacity
Based on nameplate generating capacity at each power plant.
Gas Throughput
Based on total gas usage including transportation customers at each Ameren
operating gas system.
CPU Cycles
Based on CPU units processed by computer monthly for each separate computer
system.
Current Tax Expense
Based on yearly tax expenses for each operating company.
Vehicle Ratio
Based on number of vehicles assigned to each operating company.
26 - D
<PAGE>
ANNUAL REPORT OF AMEREN SERVICES COMPANY
Signature Clause
Pursuant to the requirements of the Public Utility Holding Company Act of 1935
and the rules and regulations of the Securities and Exchange Commission issued
thereunder, the undersigned company has duly caused this report to be signed on
its behalf by the undersigned officer thereunto duly authorized.
Ameren Services Company
----------------------------------
(Name of Reporting Company)
By: /s/ Warner L. Baxter
----------------------------------
(Signature of Signing Officer)
Warner L. Baxter, Controller
----------------------------------
(Printed Name and Title of Signing Officer)
Date: May 10, 1999
---------------------------------------------
27 of 27 pages
<TABLE> <S> <C>
<ARTICLE> OPUR2
<LEGEND>
AMEREN SERVICES
PUBLIC UTILITY HOLDING COMPANIES
FORM U-13-60 AND AMENDMENTS
ARTICLE OPUR2
(Thousands of Dollars)
</LEGEND>
<CURRENCY> USD
<S> <C>
<PERIOD-START> JAN-1-1998
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<NET-SERVICE-COMPANY-PROPERTY> 19,611
<TOTAL-INVESTMENTS> 0
<TOTAL-CURRENT-ASSETS> 43,159
<TOTAL-DEFERRED-DEBITS> 48
<OTHER-ASSETS-AND-DEBITS> 0
<TOTAL-ASSETS-AND-DEBITS> 63,259
<TOTAL-PROPRIETARY-CAPITAL> 16,232
<TOTAL-LONG-TERM-DEBT> 0
<NOTES-PAYABLE> 0
<NOTES-PAYABLE-ASSOCIATE-COMP> 2,387
<OTHER-CURR-AND-ACCRUED-LIAB> 25,197
<TOTAL-DEFERRED-CREDITS> 9,443
<DEFERRED-INCOME-TAX> 0
<TOT-LIABIL-AND-PROPRIET-CAP> 63,259
<SERVICES-ASSOCIATE-COMPANIES> 222,128
<SERVICES-NON-ASSOCIATE-COMP> 0
<MISC-INCOME-OR-LOSS> 16
<TOTAL-INCOME> 222,144
<SALARIES-AND-WAGES> 59,188
<EMPLOYEE-PENSION-AND-BENEFIT> (505)
<OTHER-EXPENSES> 163,461
<TOTAL-EXPENSES> 222,144
<NET-INCOME> 0
<TOTAL-EXPENSES-DIRECT-COST> 178,121
<TOTAL-EXPENSES-INDIRECT-COST> 44,023
<TOT-EXP-DIRECT-AND-INDIRECT> 222,144
<PERSONNEL-END-OF-YEAR> 1,330
</TABLE>
