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
January 1, 2000 through March 31, 2000 (the "First 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 351,591 shares under its dividend
reinvestment plan and 277,705 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 First Quarter of 2000:
Guarantor Benefiting Amount Matures Purpose
Subsidiary
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NCE e prime, inc. $1,500,000 1/02/01 Gas Trading
NCE e prime, inc. $1,500,000 4/30/01 Gas Trading
NCE e prime, inc. $500,000 Continuing Gas Trading
NCE e prime, inc. $500,000 12/31/01 Gas Trading
NCE e prime, inc. $1,500,000 8/31/01 Gas Trading
NCE e prime, inc. $2,000,000 Continuing Gas Trading
NCE e prime, inc. $4,000,000 12/31/01 Gas Trading
NCE e prime, inc. $1,000,000 2/28/01 Gas Trading
NCE e prime, inc. $2,000,000 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
3/31/00, NCE had $132,825,000 in short-term debt outstanding at a cost
of 6.19%. This debt matures on 4/26/00.
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 March 31, 2000, Cheyenne
had $16,825,000 in short-term debt outstanding at a cost of 6.13%.
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 March 31, 2000 the following such inter-company notes
were outstanding:
Amount Interest
Lender Borrower Outstanding Maturity Rate
NC Enterprises, Cadence $785,000 Open 6.13%
Inc.
NCE NC Enterprises, Inc. $1,760,000 Open 6.13%
Communications,
Inc.
NC International, NC Enterprises, Inc. $18,550,000 Open 6.13%
Inc.
Utility NC Enterprises, Inc. $29,750,000 Open 6.13%
Engineering
Corporation
New Century New Century Services, $60,725,000 Open 6.13%
Energies, Inc.
NC Enterprises, Planergy, Inc. $7,731,350 Open 6.13%
Inc.
Texas Ohio Pipeline, e' prime, inc. $275,000 Open 6.13%
Inc.
P.S.R. Investments, Public Service Company $1,725,000 Open 6.17
Inc. of Colorado
1480 Welton, Inc. Public Service Company $890,000 Open 6.17%
of Colorado
NC Enterprises, Inc. e' prime, inc. $1,000,000 Open 6.13%
Utility Engineering Quixx $1,860,000 Open 6.13%
Corporation
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 March 7, 2000 Southwestern Public Service
Service Company Company Credit Agreement
($300M)
Southwestern Public March 15, 2000 Southwestern Public Service
Service Company Company Commercial Paper
Program ($300M)
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 March 31, 2000 is incorporated
by reference. Such balance sheet was filed with NCE's Form 10-Q for March
31, 2000 (file number 1-12927).
The following balance sheets as of March 31, 2000 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 Utility Engineering Corporation and subsidiaries
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 9 Balance Sheet of Utility Engineering Corporation - Stand Alone
filed under confidential treatment pursuant to Rule 104 (b).
Exhibit 10 Balance Sheet of NCE Communications filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 11 Balance Sheet of Cadence filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 12 Balance Sheet of Natural Station Equipment LLC filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 13 Balance Sheet of New Century International, Inc. filed under
confidential treatment pursuant to Rule 104 (b).
Exhibit 14 Balance Sheet of Texas Ohio Pipeline, Inc. filed under confidential
treatment pursuant to Rule 104 (b).
Exhibit 15 Balance P.S.R. Investments, Inc. filed under confidential treatment
pursuant to Rule 104 (b).
Exhibit 16 Balance Sheet of 1480 Welton, Inc., Inc. filed under confidential
treatment pursuant to Rule 104 (b).
New Century Energies, Inc.
Dated: June 2, 2000 By: /s/ Nancy E. Felker
Nancy E. Felker
Assistant Treasurer
<PAGE>
Exhibit 1
CHEYENNE LIGHT FUEL AND POWER COMPANY
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
March 31, 2000
ASSETS
Property, plant and equipment, at cost: 111,237
Accumulated depreciation (35,102)
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Total property, plant and equipment 76,135
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Investments, at cost: 1
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Current assets:
Cash and temporary cash investments 71
Accounts receivable 4,382
Accounts receivable from associated companies 1,258
Accrued unbilled revenues 933
Recoverable purchased gas and electric energy costs - net 1,930
Materials and supplies, at average cost 742
Gas in underground storage, at cost (LIFO) 219
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Total current assets 9,535
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Deferred charges:
Regulatory assets 247
Unamortized debt expense 581
Other 1,228
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Total deferred charges 2,056
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Total assets 87,727
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CAPITAL AND LIABILITIES
Common stock 3,044
Retained earnings 20,769
---------------
Total common equity 23,813
Long-term debt 29,000
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Total capital 52,813
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Noncurrent liabilities 886
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Current liabilities:
Notes payable and commercial paper 16,825
Accounts payable 4,778
Accounts payable to associated companies 1,962
Customers' deposits 291
Accrued taxes 597
Accrued interest 322
Other 877
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Total current liabilities 25,652
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Deferred credits:
Customers' advances for construction 1,037
Unamortized investment tax credits 1,154
Accumulated deferred income taxes 6,078
Other 107
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Total deferred credits 8,376
---------------
Total capital & liabilities 87,727
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<PAGE>
Exhibit 2
NEW CENTURY SERVICES
UNAUDITED BALANCE SHEET
(Thousands of Dollars)
March 31, 2000
ASSETS
Property, plant and equipment, at cost 1,013
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Current assets:
Cash and temporary cash investments 440
Accounts receivable from associated companies 42,330
Current portion of accumulated deferred income taxes 304
Prepaid expenses and other 55,671
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Total current assets 98,745
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Total assets 99,758
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CAPITAL AND LIABILITIES
Common stock 1
Retained earnings (deficit) -
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Total capital 1
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Noncurrent liabilities 1,129
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Current liabilities:
Notes payable to associated companies 70,225
Accounts payable 7,466
Accrued taxes 336
Other 5,961
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Total current liabilities 83,988
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Deferred credits:
Accumulated deferred income taxes 5,250
Other 9,390
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Total deferred credits 14,640
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Total capital & liabilities 99,758
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<PAGE>
Exhibit 3
NC ENTERPRISES, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED BALANCE SHEET
(Thousands of Dollars)
March 31, 2000
ASSETS
Property, plant and equipment, at cost 50,077
Accumulated depreciation (9,511)
----------------
Total property, plant and equipment 40,566
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Investments, at cost:
Investments in unconsolidated subsidiaries 413,094
Other 68,434
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Total investments 481,528
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Current assets:
Cash and temporary cash investments 20,344
Accounts receivable 114,780
Accounts receivable from associated companies 13,668
Taxes receivable 8,165
Materials and supplies 2,963
Prepaid expenses and other 6,242
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Total current assets 166,162
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Deferred charges 65,854
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Total assets 754,110
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CAPITAL AND LIABILITIES
Common stock 177,608
Retained earnings 76,254
Accumulated other comprehensive income (6,483)
----------------
Total common equity 247,379
Long-term debt 18,344
Notes payable to associated companies 311,656
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Total capital 577,379
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Noncurrent liabilities 296
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Current liabilities:
Long-term debt due within one year 4,194
Accounts payable 91,622
Accounts payable to associated companies 26,038
Other 16,962
----------------
Total current liabilities 138,816
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Deferred credits:
Accumulated deferred income taxes 25,876
Other 11,743
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Total deferred credits 37,619
----------------
Total capital & liabilities 754,110
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