UNITED ILLUMINATING CO
10-K/A, 1996-03-05
ELECTRIC SERVICES
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<PAGE>
                    SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

                              FORM 10-K/A

                           AMENDMENT NO. 1 TO

[X]    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
       EXCHANGE ACT OF 1934 [FEE REQUIRED]

       FOR THE FISCAL YEAR ENDED DECEMBER 31, 1995

                             OR
[  ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

       For the transition period from ______ to ______

                      Commission File Number 1-6788

                      THE UNITED ILLUMINATING COMPANY

          (Exact name of registrant as specified in its charter)

    Connecticut                                       06-0571640
(State or other jurisdiction of         (I.R.S. Employer Identification No.)
 incorporation or organization)

157 Church Street, New Haven, Connecticut              06506
(Address of principal executive offices)             (Zip Code)

     Registrant's telephone number, including area code: 203-499-2000
 ________________________________________________________________________

Securities registered pursuant to Section 12(b) of the Act:

                                                      Name of each exchange on
   Registrant                Title of each class         which registered    
   ----------                -------------------      ------------------------
The United Illuminating
 Company                  Common Stock, no par value  New York Stock Exchange
United Capital Funding
 Partnership L.P. (1)     9 5/8% Preferred Capital    New York Stock Exchange
                          Securities, Series A
                          (Liquidation Preference
                          $25 per Security)

(1) The 9 5/8% Preferred Capital Securities, Series A, were issued on
    April 3, 1995 by United Capital Funding Partnership L.P., a wholly-owned
    subsidiary of The United Illuminating Company, and are guaranteed by The
    United Illuminating Company.

Securities registered pursuant to Section 12(g) of the Act:  Common Stock,
                                                             no par value, of
                                                             The United
                                                             Illuminating
                                                             Company
          ____________________________________________________

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.  Yes   X   No     
                                                     ---     ---

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.   [  ]

The aggregate market value of the registrant's voting stock held by non-
affiliates on January 31, 1996 was $543,734,759, computed on the basis of
the average of the high and low sale prices of said stock reported in the
listing of composite transactions for New York Stock Exchange listed
securities, published in The Wall Street Journal on February 1, 1996.

The number of shares outstanding of the registrant's only class of common
stock, as of January 31, 1996, was 14,100,091.

                     DOCUMENTS INCORPORATED BY REFERENCE

                                          Part of this Form 10-K into
      Document                            which document is incorporated
      --------                            ------------------------------
Definitive Proxy Statement, dated
March 28, 1996, for Annual Meeting of the
Shareholders to be held on May 15, 1996.               III
<PAGE>
<PAGE>
     The undersigned Registrant hereby amends its
Annual Report on Form 10-K for the fiscal year ended
December 31, 1995, to add thereto page S-1, a Financial
Statement Schedule listed in Item 14 that was
inadvertently omitted from the initial filing of said
Annual Report on March 1, 1996.

     Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused
this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.

                   THE UNITED ILLUMINATING COMPANY



Date: 3/05/96         By: /s/ Robert L. Fiscus
     ------------     --------------------------
                       Robert L. Fiscus
                       Its President and
                       Chief Financial Officer<PAGE>
<PAGE>
<TABLE>
                                                           Schedule II
                                                           Valuation and
                                                           Qualifying Accounts
                         THE UNITED ILLUMINATING COMPANY
                SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
              For the Years Ended December 31, 1995, 1994 and 1993
                             (Thousands of Dollars)
<CAPTION>
     Col. A             Col. B           Col. C           Col. D      Col. E
   ----------          ----------       ---------        --------    --------
                                        Additions
                                   -------------------
                       Balance at  Charged to  Charged               Balance at
                       Beginning   Costs and   to Other                End of
  Classification       of Period   Expenses    Accounts  Deductions    Period
  --------------       ---------   ---------   --------- ----------- ----------

<S>                     <C>         <C>           <C>    <C>           <C>
RESERVE DEDUCTION
 FROM ASSET TO WHICH
 IT APPLIES:
   Reserve for
   uncollectible
    accounts:
                1995    $4,900      $9,383        -      $7,983 (A)    $6,300
                1994     4,700       9,976        -       9,776 (A)     4,900
                1993     3,900       8,971        -       8,171 (A)     4,700



- --------------------
<FN>
NOTE:
   (A)  Accounts written off, less recoveries.
</TABLE>
                                       S-1



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