SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
- -----------------------------------------------------
In the Matter of
CERTIFICATE
New Century Energies, Inc.
OF
File No. 70-9397
NOTIFICATION
(Public Utility Holding Company
Act of 1935)
- ----------------------------------------------------
This Certificate of Notification is filed by New Century Energies, Inc.
("NCE"), a Delaware corporation, pursuant to Rule 24. Such filing is made
pursuant to NCE's Form U-1 Application-Declaration, as amended (the
"Application-Declaration"), and the orders of the Securities and Exchange
Commission (the "Commission") dated April 7, 1999 (HCAR No. 27000) (the "Order")
in the above-referenced file. The Order directed that NCE file with the
Commission certificates pursuant to Rule 24 on a quarterly basis within 60 days
from the end of the first three quarters and within 90 days from the end of the
last calendar quarter. As such, this certificate reports transactions from July
1, 1999 through September 30, 1999 (the "Third Quarter").
a.) The sale of any Common Stock by NCE and the purchase price per share and
the market price per share at the date of the agreement of sale.
None.
b.) The total number of shares of Common Stock issued or issuable under
options granted during the quarter under NCE's dividend reinvestment
plan and benefit plans.
NCE issued 291,381 shares under its dividend reinvestment plan and
1,238 shares under its employee benefit plans.
c.) If Common Stock has been transferred to a seller of securities of a
company being acquired, the number of shares so issued, the value per
share and whether the shares are restricted to acquirer.
None.
d.) The names of the guarantors and of the beneficiaries of any NCE or
Subsidiary Guarantee issued during the quarter, and the amount, term and
purpose of the guarantee.
The following guarantees were issued during the Third Quarter of 1999:
Guarantor Benefiting Subsidiary Amount Matures Purpose
- --------- ------------------------ ------------ ------------- ------------------
NCE e prime, inc. $1,000,000 4/30/00 Gas Trading
NCE e prime, inc. $2,000,000 7/31/00 Power Trading
NCE e prime, inc. $3,000,000 12/31/00 Gas Trading
NCE e prime, inc. $3,000,000 Continuing Gas Trading
NCE e prime, inc. $1,000,000 7/31/00 Gas Trading
NCE e prime, inc. $2,000,000 7/31/00 Gas Trading
NCE e prime, inc. $3,000,000 Continuing Gas Trading
NCE e prime, inc. $4,000,000 8/31/01 Gas Trading
NCE e prime, inc. $1,000,000 8/31/00 Gas Trading
NCE e prime, inc. $1,000,000 Continuing Financial Trading
NCE e prime, inc. $2,000,000 Continuing Gas Trading
NCE e prime, inc. $2,000,000 8/20/00 Gas Trading
NCE e prime, inc. $2,500,000 Continuing Gas Trading
NCE e prime, inc. $1,500,000 Continuing Gas Trading
NCE e prime, inc. $2,000,000 9/30/00 Gas Trading
NCE e prime, inc. $ 500,000 8/31/00 Financial Trading
NCE e prime, inc. $5,000,000 Continuing Financial Trading
NCE e prime, inc. $ 750,000 10/31/00 Gas and Power
Trading
NCE e prime, inc. $2,300,000 11/30/00 Gas Trading
NCE e prime, inc. $3,000,000 Continuing Gas Trading
e.) The amount and terms of any Short Term Debt issued by NCE and the
Utility Subsidiaries during the Quarter.
NCE borrows and repays short-term debt on an on-going basis. As of
9/30/99, 1999 NCE had $19,400,000 in short-term debt outstanding at a
cost of 5.52%. This debt matures on 10/18/99.
f.) The amount and terms of any financings consummated by any Utility
Subsidiaries that are not exempt under Rule 52. On an on-going basis
Cheyenne Light Fuel and Power Company (Cheyenne) borrows and repays
short-term debt to NCE. As of September 30, 1999, Cheyenne had
$15,300,000 in short-term debt outstanding at a cost of 5.48%.
g.) The amount and terms of any financings consummated by any Non-utility
Subsidiary during the quarter that are not exempt under Rule 52.
1.) Certain inter-company notes are issued and repaid on an on-going
basis. As of September 30, 1999 the following such inter-company
notes were outstanding:
<TABLE>
<S> <C> <C> <C> <C>
Amount Interest
Lender Borrower Outstanding Maturity Rate
Cadence NC Enterprises, Inc. $850,000 Open 5.48%
NC Centrus NC Enterprises, Inc. $350,000 Open 5.48%
NCE Communications, NC Enterprises, Inc. $725,000 Open 5.48%
Inc.
New Century Natural Fuels Corporation $2,700,000 Open 5.48%
Enterprises, Inc.
New Century Planergy $4,931,350 Open 5.48%
Enterprises, Inc.
e' prime, inc. NC Enterprises, Inc. $2,200,000 Open 5.48%
NC International, Inc. New Century Enterprises, $3,175,000 Open 5.48%
Inc.
Utility Engineering
Corporation NC Enterprises, Inc $32,200,000 Open 5.48%
New Century
Enterprises, Inc. Quixx Corporation $19,160,000 Open 5.48%
Texas Ohio Pipeline,
Inc. e' prime, inc. $350,000 Open 5.48%
</TABLE>
h.) A list of U-6B-2 forms filed with the Commission during the quarter,
including the name of the filing entity and the date of filing.
<TABLE>
<S> <C> <C>
Filing Entity Date Filed Securities Issued
Public Service Company of July 7, 1999 Public Service Company of
Colorado Colorado Line of Credit ($300M)
Public Service Company of July 26, 1999 Unsecured Notes ($200M)
Colorado
Public Service Company of August 9, 1999 Public Service of Colorado
Colorado Commercial Paper program ($600M)
Public Service Company of August 9, 1999 Public Service of Colorado
Colorado Credit Corporation Commercial
Paper Program ($200M)
</TABLE>
i.) Consolidated balance sheets as of the end of the quarter and separate
balance sheets as of the end of the quarter for each company, including
NCE, that has engaged in jurisdictional financing transactions during
the quarter. The quarterly consolidated balance sheet of NCE as of
September 30, 1999 is incorporated by reference. Such balance sheet was
filed with NCE's Form 10-Q for September 30, 1999 (file number 1-12927).
The following balance sheets as of September 30, 1999 are attached as:
Exhibit 1 Cheyenne Light Fuel and Power Company
Exhibit 2 New Century Services, Inc.
Exhibit 3 New Century Enterprises, Inc. and Subsidiaries
Exhibit 4 New Century Enterprises, Inc. - Stand Alone filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 5 Balance Sheet of Natural Fuels Corporation filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 6 Balance Sheet of e prime, inc. and subsidiaries filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 7 Balance Sheet of e prime, inc. - Stand Alone filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 8 Balance Sheet of Texas Ohio Pipeline filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 9 Balance Sheet of Planergy, Inc. filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 10 Balance Sheet of Quixx, Inc. and subsidiaries filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 11 Balance Sheet of Quixx, Inc. - Stand Alone filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 12 Balance Sheet of Utility Engineering Corporation and subsidiaries
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 13 Balance Sheet of Utility Engineering Corporation - Stand Alone
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 14 Balance Sheet of NC Communications filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 15 Balance Sheet of Cadence filed under confidential treatment pursuant
to Rule 104 (b).
Exhibit 16 Balance Sheet of NC Centrus filed under confidential treatment
pursuant to Rule 104 (b).
New Century Energies, Inc.
Dated: September 30, 1999 By: /s/Nancy E. Felker
Nancy E. Felker
Assistant Treasurer
Exhibit 1
CHEYENNE LIGHT FUEL AND POWER COMPANY
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
September 30, 1999
ASSETS
Property, plant and equipment, at cost: 108,557
Less: accumulated depreciation (34,326)
-------------
Total property, plant and equipment 74,231
-------------
Investments, at cost: 1
-------------
Current assets:
Cash and temporary cash investments 195
Accounts receivable 3,604
Accrued unbilled revenues 752
Recoverable purchased gas and electric energy costs - net 621
Materials and supplies, at average cost 640
Gas in underground storage, at cost (LIFO) 1,012
Current portion of accumulated deferred income taxes 75
Prepaid expenses and other 156
-------------
Total current assets 7,055
-------------
Deferred charges:
Regulatory assets 426
Unamortized debt expense 594
Other 977
-------------
Total deferred charges 1,997
-------------
Total assets 83,284
=============
CAPITAL AND LIABILITIES
Common stock 3,000
Retained earnings 19,721
-------------
Total common equity 22,721
Long-term debt 29,000
-------------
Total capital 51,721
-------------
Noncurrent liabilities 748
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Current liabilities:
Notes payable and commercial paper 15,300
Accounts payable 3,755
Accounts payable to associated companies 2,016
Customers' deposits 270
Accrued taxes 153
Accrued interest 329
Other 940
-------------
Total current liabilities 22,763
-------------
Deferred credits:
Customers' advances for construction 1,033
Unamortized investment tax credits 1,191
Accumulated deferred income taxes 5,766
Other 62
-------------
Total deferred credits 8,052
-------------
Total capital & liabilities 83,284
=============
Exhibit 2
NEW CENTURY SERVICES
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
September 30, 1999
ASSETS
Property, plant and equipment, at cost (118)
--------------
Current assets:
Cash and temporary cash investments 575
Accounts receivable 35,099
Current portion of accumulated deferred income taxes 2,008
Prepaid expenses and other 27,627
--------------
Total current assets 65,309
--------------
Deferred charges 3,141
--------------
Total assets 68,332
==============
CAPITAL AND LIABILITIES
Common stock 1
Retained earnings (deficit) (45)
--------------
Total capital (44)
--------------
Current liabilities:
Notes payable and commercial paper 39,276
Accounts payable 5,415
Accrued taxes 1,139
Other 10,414
--------------
Total current liabilities 56,244
--------------
Deferred credits:
Accumulated deferred income taxes 4,543
Other 7,589
--------------
Total deferred credits 12,132
--------------
Total capital & liabilities 68,332
==============
Exhibit 3
NC ENTERPRISES, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED BALANCE SHEET
(Thousands of Dollars)
September 30, 1999
ASSETS
Property, plant and equipment, at cost 57,122
Less: accumulated depreciation (20,008)
------------
Total property, plant and equipment 37,114
------------
Investments, at cost:
Investments in unconsolidated subsidiaries 358,069
Other 68,213
------------
Total investments 426,282
------------
Current assets:
Cash and temporary cash investments 7,986
Accounts receivable 44,476
Accounts receivable from associated companies 102,860
Materials and supplies 5,072
Current portion of accumulated deferred income 367
taxes
Prepaid expenses and other 4,499
------------
Total current assets 165,260
------------
Deferred charges 62,295
------------
Total assets 690,951
============
CAPITAL AND LIABILITIES
Common stock 164,586
Retained earnings 28,304
Accumulated other comprehensive income 4,756
------------
Total common equity 197,646
Long-term debt 18,221
Notes payable to associated companies 324,081
------------
Total capital 539,948
------------
Noncurrent liabilities 210
------------
Current liabilities:
Long-term debt due within one year 1,670
Accounts payable 89,784
Customers' deposits 321
Accrued taxes 15,890
Other 13,738
------------
Total current liabilities 121,403
------------
Deferred credits:
Accumulated deferred income taxes 17,236
Other 12,154
------------
Total deferred credits 29,390
------------
Total capital & liabilities 690,951
============
