SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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In the Matter of
CERTIFICATE
New Century Energies, Inc.
OF
File No. 70-9397
NOTIFICATION
(Public Utility Holding Company
Act of 1935)
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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
October 1, 1999 through December 31, 1999 (the "Fourth 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 302,110 shares under its dividend reinvestment plan and 1,385
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 Fourth Quarter of 1999:
Guarantor Benefiting Amount Matures Purpose
Subsidiary
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NCE e prime, inc. $3,000,000 Continuing Gas Trading
NCE e prime, inc. $2,000,000 Continuing Gas Trading
NCE e prime, inc. $ 500,000 5/15/00 Gas Trading
NCE e prime, inc. $1,000,000 7/23/00 Gas Trading
NCE e prime, inc. $1,000,000 8/17/00 Gas Trading
NCE e prime, inc. $1,000,000 10/31/00 Gas Trading
NCE e prime, inc. $5,000,000 10/11/00 Gas Trading
NCE e prime, inc. $1,250,000 10/31/01 Gas Trading
NCE e prime, inc. $ 500,000 11/30/00 Gas Trading
NCE e prime, inc. $3,000,000 11/30/00 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
12/31/99, 1999 NCE had $100,150,000 in short-term debt outstanding at a
cost of 6.36%. This debt matures on 2/25/00.
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 December 31, 1999,
Cheyenne had $19,300,000 in short-term debt outstanding at a cost of
5.85%.
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 December 31, 1999 the following such inter-company
notes were outstanding:
Amount Interest
Lender Borrower Outstanding Maturity Rate
NC Enterprises, Cadence $210,000 Open 5.85%
Inc.
NC Centrus NC Enterprises, Inc. $225,000 Open 5.85%
Colorado Natural Natural Fuels Company, $518,000 Open 6.05%
Fuels, LLC LLC
NC Enterprises, Natural Fuels $900,000 Open 5.85%
Inc Corporation, LLC
NCE NC Enterprises, Inc. $2,075,000 Open 5.85%
Communications,
Inc.
e prime, inc. NC Enterprises, Inc. $2,000,000 Open 5.85%
NC International, NC Enterprises, Inc. $18,085,000 Open 5.85%
Inc.
Utility NC Enterprises, Inc. $27,000,000 Open 5.85%
Engineering
Corporation
Quixx Corporation NC Enterprises, Inc. $3,340,000 Open 5.85%
Inc.
New Century New Century Services, $30,200,000 Open 5.85%
Energies, Inc. Inc.
NC Enterprises, Planergy, Inc. $6,531,350 Open 5.85%
Inc.
NC Enterprises, Natural Station $281,000 Open 6.05%
Inc. Equipment, LLC
Texas Ohio e prime, inc. $325,000 Open 5.85%
Pipeline, Inc.
1480 Welton, Inc. Public Service Company $11,808,970 Open 6.05%
of Colorado
P.S.R. Investments Public Service Company $115,000 Open 6.05%
Inc. of Colorado
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.
Filing Entity Date Filed Securities Issued
Southwestern Public December 23, Southwestern Public Service
Service Company 1999 Company Commercial Paper
program ($250M)
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 consolidated balance sheet of NCE as of December 31, 1999 is
incorporated by reference. Such balance sheet was filed with NCE's Form
10-K for December 31, 1999 (file number 1-12927).
The following balance sheets as of December 31, 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 e prime, inc. and subsidiaries filed under
confidential treatment pursuant to Rule 104 (b). Exhibit 6
Exhibit 6 Balance Sheet of e prime, inc. - Stand Alone filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 7 Balance Sheet of Planergy, Inc. filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 8 Balance Sheet of Quixx, Inc. and subsidiaries filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 9 Balance Sheet of Quixx, Inc. - Stand Alone filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 10 Balance Sheet of Utility Engineering Corporation and subsidiaries
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 11 Balance Sheet of Utility Engineering Corporation - Stand Alone
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 12 Balance Sheet of NCE Communications filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 13 Balance Sheet of Cadence filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 14 Balance Sheet of NC Centrus filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 15 Balance Sheet of Natural Station Equipment LLC filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 16 Balance Sheet of Colorado Natural Fuels LLC filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 17 Balance Sheetof New Century International, Inc. filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 18 Balance Sheet of Texas Ohio Pipeline, Inc. filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 19 Balance P.S.R. Investments, Inc. filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 20 Balance Sheet of 1480 Welton, Inc., Inc. filed under confidential
treatment pursuant to Rule 104 (b).
New Century Energies, Inc.
Dated: April 6, 2000 By: /s/ Nancy E. Felker
Nancy E. Felker
Assistant Treasurer
<TABLE>
<CAPTION>
CHEYENNE LIGHT FUEL AND POWER COMPANY
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
December 31, 1999
ASSETS
<S> <C>
Property, plant and equipment, at cost: 109,899
Accumulated depreciation (34,265)
----------
Total property, plant and equipment 75,634
----------
Investments, at cost: 1
----------
Current assets:
Cash and temporary cash investments 328
Accounts receivable 5,318
Accounts receivable from associated companies 1,323
Accrued unbilled revenues 1,077
Recoverable purchased gas and electric energy costs 2,218
Materials and supplies, at average cost 698
Gas in underground storage, at cost (LIFO) 1,169
Prepaid expenses and other 199
----------
Total current assets 12,330
----------
Deferred charges:
Regulatory assets 294
Unamortized debt expense 587
Other 1,088
----------
Total deferred charges 1,969
----------
Total assets 89,934
==========
CAPITAL AND LIABILITIES
Common stock 3,044
Retained earnings 20,364
----------
Total common equity 23,408
Long-term debt 29,000
----------
Total capital 52,408
----------
Noncurrent liabilities 698
----------
Current liabilities:
Notes payable and commercial paper 19,300
Accounts payable 4,960
Accounts payable to associated companies 2,194
Customers' deposits 285
Accrued taxes 363
Accrued interest 398
Other 1,063
----------
Total current liabilities 28,563
----------
Deferred credits:
Customers' advances for construction 1,086
Unamortized investment tax credits 1,172
Accumulated deferred income taxes 5,950
Other 57
----------
Total deferred credits 8,265
----------
Total capital & liabilities 89,934
==========
</TABLE>
<TABLE>
<CAPTION>
NEW CENTURY SERVICES
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
December 31, 1999
ASSETS
<S> <C>
Property, plant and equipment, at cost 1,012
-----------
Current assets:
Cash and temporary cash investments 573
Accounts receivable from associated companies 59,460
Current portion of accumulated deferred income taxes 2,008
Prepaid expenses and other 28,337
-----------
Total current assets 90,378
-----------
Deferred charges 1,086
-----------
Total assets 92,476
===========
CAPITAL AND LIABILITIES
Common stock 1
Retained earnings (deficit) -
-----------
Total capital 1
-----------
Noncurrent liabilities 1,129
-----------
Current liabilities:
Notes payable and commercial paper 30,200
Accounts payable 30,423
Accrued taxes 2,790
Other 15,553
-----------
Total current liabilities 78,966
-----------
Deferred credits:
Accumulated deferred income taxes 4,848
Other 7,532
-----------
Total deferred credits 12,380
-----------
Total capital & liabilities 92,476
===========
</TABLE>
<TABLE>
<CAPTION>
NC ENTERPRISES, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED BALANCE SHEET
(Thousands of Dollars)
December 31, 1999
ASSETS
<S> <C>
Property, plant and equipment, at cost 46,128
Accumulated depreciation (8,504)
-----------
Total property, plant and equipment 37,624
-----------
Investments, at cost:
Investments in unconsolidated subsidiaries 391,754
Other 71,342
-----------
Total investments 463,096
-----------
Current assets:
Cash and temporary cash investments 29,015
Accounts receivable 96,518
Accounts receivable from associated companies 26,150
Taxes receivable 4,806
Materials and supplies 2,303
Prepaid expenses and other 10,823
-----------
Total current assets 169,615
-----------
Deferred charges 51,695
-----------
Total assets 722,030
===========
CAPITAL AND LIABILITIES
Common stock 177,608
Retained earnings 58,002
Accumulated other comprehensive income (2,951)
-----------
Total common equity 232,659
Long-term debt 17,286
Notes payable to associated companies 311,656
-----------
Total capital 561,601
-----------
Noncurrent liabilities 257
-----------
Current liabilities:
Long-term debt due within one year 3,395
Accounts payable 82,755
Accounts payable to associated companies 20,559
Other 18,310
-----------
Total current liabilities 125,019
-----------
Deferred credits:
Accumulated deferred income taxes 24,466
Other 10,687
-----------
Total deferred credits 35,153
-----------
Total capital & liabilities 722,030
===========
</TABLE>
