SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
AMENDMENT NO. 1 TO
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report/Amendment
June 11, 1999
(to Current Report dated February 17, 1999)
Exact Name of
Commission Registrant State or other IRS Employer
File as specified Jurisdiction of Identification
Number in its charter Incorporation Number
- ----------- -------------- --------------- --------------
1-12609 PG&E Corporation California 94-3234914
1-2348 Pacific Gas and California 94-0742640
Electric Company
Pacific Gas and Electric Company PG&E Corporation
77 Beale Street, P.O. Box 770000 One Market, Spear Tower, Suite 2400
San Francisco, California 94177 San Francisco, California 94105
(Address of principal executive offices) (Zip Code)
Pacific Gas and Electric Company PG&E Corporation
(415) 973-7000 (415) 267-7000
(Registrant's telephone number, including area code)
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The registrants' Current Report on Form 8-K dated February 17, 1999, is
amended in its entirety as follows:
Item 4. Changes in Registrant's Certifying Accountant
Upon recommendation of the Audit Committee of the PG&E Corporation Board of
Directors, on February 17, 1999, the Boards of Directors of PG&E Corporation
and Pacific Gas and Electric Company declined to reappoint Arthur Andersen
LLP ("AA"), as the independent public accountants to examine the financial
statements of PG&E Corporation, Pacific Gas and Electric Company, and their
subsidiaries, for fiscal year 1999. AA's reports on the financial statements
of PG&E Corporation and Pacific Gas and Electric Company for fiscal years
1998 and 1997, did not contain an adverse opinion or a disclaimer of opinion,
nor were they qualified or modified as to uncertainty, audit scope, or
accounting principles. The audits for fiscal year 1998 were completed on
February 8, 1999 and filed with the Securities and Exchange Commission with
the registrants' joint annual report on Form 10-K on March 9, 1999. During
1997 and 1998 and the subsequent interim period through March 9, 1999, there
were no disagreements (as such term is defined in instruction 4 to Item 304
of Securities and Exchange Commission Regulation S-K) with AA on any matter
of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of AA would have caused it to make reference to the subject
matter of the disagreement(s) in connection with its report. Attached hereto
is a copy of a letter from Arthur Andersen LLP to the Securities and Exchange
Commission indicating it agrees with the statements made in this report.
On February 17, 1999, the Boards of Directors of PG&E Corporation and Pacific
Gas and Electric Company selected Deloitte & Touche LLP, as the independent
public accountants to examine the financial statements of PG&E Corporation,
Pacific Gas and Electric Company, and their subsidiaries, for fiscal year
1999.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information, and Exhibits
Exhibit No. Description
16 Letter from Arthur Andersen LLP to Securities and Exchange
Commission
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf by the
undersigned thereunto duly authorized.
PG&E CORPORATION
and
PACIFIC GAS AND ELECTRIC COMPANY
By CHRISTOPHER P. JOHNS
--------------------
CHRISTOPHER P. JOHNS
Vice President and Controller
(PG&E Corporation)
Vice President and Controller
(Pacific Gas and Electric Company)
Dated: June 10, 1999
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
16 Letter from Arthur Andersen LLP to Securities and Exchange
Commission
Exhibit 16
[LETTERHEAD OF ARTHUR ANDERSEN LLP]
June 10, 1999
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Dear Sir/Madame:
We have read Item 4 included in each Form 8-K/A Amendment No. 1 to the
Current Reports on Form 8-K dated February 17, 1999 of PG&E
Corporation, Pacific Gas and Electric Company, PG&E Funding LLC, and
PG&E Gas Transmission, Northwest Corporation, filed with the Securities
and Exchange Commission and are in agreement with the statements
contained therein.
Very truly yours,
ARTHUR ANDERSEN LLP
/S/ARTHUR ANDERSEN LLP
Copy to: Mr. Bruce R. Worthington, PG&E Corporation
