UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-13-60
ANNUAL REPORT
FOR THE PERIOD
Beginning January 1, 1999 and Ending December 31, 1999
-------------- -----------------
TO THE
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
Alliant Energy Corporate Services, Inc.
- ---------------------------------------------------------------------
A Subsidiary Service Company
- -------------------------------------------------------
("Mutual" or "Subsidiary")
Date of Incorporation December 8, 1997
----------------
If not Incorporated, Date of Organization
----------------
State or Sovereign Power under which Incorporated or Organized Iowa
---------
Location of Principal Executive Offices of Reporting Company Dubuque, Iowa
---------------
Name, title, and address of officer to whom correspondence concerning this
report should be addressed: Daniel A. Doyle,
----------------
(Name)
Vice President-Chief Accounting and Financial Planning Officer,
---------------------------------------------------------------
(Title)
222 W. Washington Avenue, Madison, Wisconsin 53703
-------------------------------------------------------------
(Address)
Name of Principal Holding Company Whose Subsidiaries are served by Reporting
Company: Alliant Energy Corporation
---------------------------
<PAGE>
INSTRUCTIONS FOR USE OF FORM U-13-60
1. Time of Filing.
Rule 94 provides that on or before the first day of May in
each calendar year, each mutual service company and each subsidiary service
company as to which the Commission shall have made a favorable finding
pursuant to Rule 88, and every service company whose application for
approval or declaration pursuant to Rule 88 is pending shall file with the
Commission an annual report on Form U-13-60 and in accordance with the
Instructions for that form.
2. Number of Copies.
Each annual report shall be filed in duplicate. The
company should prepare and retain at least one extra copy for itself in
case correspondence with reference to the report become necessary.
3. Period Covered by Report.
The first report filed by any company shall cover
the period from the date the Uniform System of Accounts was required to be
made effective as to that company under Rules 82 and 93 to the end of that
calendar year. Subsequent reports should cover a calendar year.
4. Report Format.
Reports shall be submitted on the forms prepared by the
Commission. If the space provided on any sheet of such form is inadequate,
additional sheets may be inserted of the same size as a sheet of the form
or folded to each size.
5. Money Amounts Displayed.
All money amounts required to be shown in
financial statements may be expressed in whole dollars, in thousands of
dollars or in hundred thousands of dollars, as appropriate and subject to
provisions of Regulation S-X ( Subsection 210.3-01(b)).
6. Deficits Displayed.
Deficits and other like entries shall be indicated by
the use of either brackets or a parenthesis with corresponding reference in
footnotes. (Regulation S-X, ( Subsection 210-3.01(c)).
7. Major Amendments or Corrections.
Any company desiring to amend or correct a
major omission or error in a report after it has been filed with the
Commission shall submit an amended report including only those pages,
schedules, and entries that are to be amended or corrected. A cover letter
shall be submitted requesting the Commission to incorporate the amended
report changes and shall be signed by a duly authorized officer of the
company.
8. Definitions.
Definitions contained in Instruction 01-8 to the Uniform
System of Accounts for Mutual Service Companies and Subsidiary Service
Companies, Public Utility Holding Company Act of 1935, as amended February
2, 1979 shall be applicable to words or terms used specifically within this
Form U-13-60.
9. Organization Chart.
The service company shall submit with each annual report a copy of its
current organization chart.
10. Methods of Allocation.
The service company shall submit with each annual report a listing of the
currently effective methods of allocation being used by the service
company and on file with the Securities and Exchange
Commission pursuant to the Public Utility Holding Company Act of 1935.
11. Annual Statement of Compensation for Use of Capital Billed.
The service company shall submit with each annual report a copy of the
annual statement supplied to each associate company in support of the
amount of compensation for use of capital billed during the calendar year.
<PAGE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
- --------------------------------------------------------------------------------------------------------
Schedule or Account Page
Description of Schedules and Accounts Number Number
- --------------------------------------------------------------------------------------------------------
<S> <C> <C>
COMPARATIVE BALANCE SHEET Schedule I 5-6
SERVICE COMPANY PROPERTY Schedule II 7-8
ACCUMULATED PROVISION FOR DEPRECIATION
AND AMORTIZATION OF SERVICE COMPANY
PROPERTY Schedule III 9
INVESTMENTS Schedule IV 10
ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES Schedule V 11
FUEL STOCK EXPENSES UNDISTRIBUTED Schedule VI 12
STORES EXPENSE UNDISTRIBUTED Schedule VII 13
MISCELLANEOUS CURRENT AND ACCRUED ASSETS Schedule VIII 14
MISCELLANEOUS DEFERRED DEBITS Schedule IX 15
RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES Schedule X 16
PROPRIETARY CAPITAL Schedule XI 17
LONG-TERM DEBT Schedule XII 18
CURRENT AND ACCRUED LIABILITIES Schedule XIII 19
NOTES TO FINANCIAL STATEMENTS Schedule XIV 20-23
STATEMENT OF INCOME Schedule XV 24
ANALYSIS OF BILLING-ASSOCIATE COMPANIES Account 457 25
ANALYSIS OF BILLING-NONASSOCIATE COMPANIES Account 458 26
ANALYSIS OF CHARGES FOR SERVICE-ASSOCIATE
AND NONASSOCIATE COMPANIES Schedule XVI 27
SCHEDULE OF EXPENSE DISTRIBUTION BY
DEPARTMENT OR SERVICE FUNCTION Schedule XVII 28-31
DEPARTMENTAL ANALYSIS OF SALARIES Account 920 32
OUTSIDE SERVICES EMPLOYED Account 923 33-39
EMPLOYEE PENSIONS AND BENEFITS Account 926 40
GENERAL ADVERTISING EXPENSES Account 930.1 41-42
MISCELLANEOUS GENERAL EXPENSES Account 930.2 43
RENTS Account 931 44
TAXES OTHER THAN INCOME TAXES Account 408 45
DONATIONS Account 426.1 46
OTHER DEDUCTIONS Account 426.5 47
NOTES TO STATEMENT OF INCOME Schedule XVIII 48
FINANCIAL DATA SCHEDULE Schedule XIX 49
- ------------------------------------------------------------------------------------------------------------------------
</TABLE>
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LISTING OF INSTRUCTIONAL FILING REQUIREMENTS
- --------------------------------------------------------------------------------
Page
Description of Reports or Statements Number
- --------------------------------------------------------------------------------
EXECUTIVE ORGANIZATION CHART 50
METHODS OF ALLOCATION 51-54
ANNUAL STATEMENT OF COMPENSATION FOR USE 55
OF CAPITAL BILLED
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
SCHEDULE I - COMPARATIVE BALANCE SHEET
Give balance sheet of the Company as of December 31 of the current and prior year
- -------------------------------------------------------------------------------------------------------------------------
ACCOUNT ASSET AND OTHER DEBITS AS OF DECEMBER 31
- ---------------------------------------------------------------------------------- ---------------------------------
CURRENT PRIOR
---------------------------------
<S> <C> <C> <C> <C>
SERVICE COMPANY PROPERTY
101 Service company property (Schedule II) $ 551,691 $ 537,118
107 Construction work in progress (Schedule II) 688,125 -
---------------------------------
Total Property 1,239,816 537,118
---------------------------------
108 Less accumulated provision for depreciation and
amortization of service company property (Schedule III) (291,171) (104,440)
---------------------------------
Net Service Company Property 948,645 432,678
---------------------------------
INVESTMENTS
123 Investments in associate companies (Schedule IV) 12,087,000 3,514,000
124 Other investments (Schedule IV) - -
---------------------------------
Total Investments 12,087,000 3,514,000
---------------------------------
CURRENT AND ACCRUED ASSETS
131 Cash 7,116,840 695,990
134 Special deposits - -
135 Working funds - -
136 Temporary cash investments (Schedule IV) - 5,495,633
141 Notes receivable - -
143 Accounts receivable 2,050,948 4,281,460
144 Accumulated provision for uncollectible accounts (54,743) (54,743)
146 Accounts receivable from associate companies (Schedule V) 41,340,087 45,635,089
152 Fuel stock expenses undistributed (Schedule VI) - -
154 Materials and supplies - -
163 Stores expense undistributed (Schedule VII) - -
165 Prepayments 20,268 1,006,034
174 Miscellaneous current and accrued assets (Schedule VIII) - -
----------------------------------
Total Current and Accrued Assets 50,473,400 57,059,463
----------------------------------
DEFERRED DEBITS
181 Unamortized debt expense - -
184 Clearing accounts - (47,489)
186 Miscellaneous deferred debits (Schedule IX) - -
188 Research, development, or demonstration
expenditures (Schedule X) - -
190 Accumulated deferred income taxes 9,605,351 -
----------------------------------
Total Deferred Debits 9,605,351 (47,489)
----------------------------------
TOTAL ASSETS AND OTHER DEBITS $ 73,114,396 $ 60,958,652
=====================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
SCHEDULE I - COMPARATIVE BALANCE SHEET
- -------------------------------------------------------------------------------------------------------------------------
AS OF DECEMBER 31
-----------------------------------
ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL CURRENT PRIOR
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
PROPRIETARY CAPITAL
201 Common stock issued (Schedule XI) $ 1 $ 1
211 Miscellaneous paid in capital (Schedule XI) - -
215 Appropriated retained earnings (Schedule XI) - -
216 Unappropriated retained earnings (Schedule XI) - -
-----------------------------------
Total Proprietary Capital 1 1
-----------------------------------
LONG-TERM DEBT
223 Advances from associate companies (Schedule XII) - -
224 Other long-term debt (Schedule XII) - -
225 Unamortized premium on long-term debt
226 Unamortized discount on long-term debt-debit
-----------------------------------
Total Long-term Debt - -
-----------------------------------
CURRENT AND ACCRUED LIABILITIES
231 Notes payable
232 Accounts payable 26,188,762 36,138,015
233 Notes payable to associate companies (Schedule XIII) (2,854,764) 8,030,086
234 Accounts payable to associate companies (Schedule XIII) 13,800,737 6,328,398
236 Taxes accrued 718,862 201,519
237 Interest accrued
238 Dividends declared
241 Tax collections payable 972,933 1,137,970
242 Miscellaneous current and accrued liabilities (Schedule XIII) 22,201,188 5,499,724
------------------------------------
Total Current and Accrued Liabilities 61,027,718 57,335,712
------------------------------------
DEFERRED CREDITS
253 Other deferred credits 12,086,677 3,622,939
255 Accumulated deferred investment tax credits
------------------------------------
Total Deferred Credits 12,086,677 3,622,939
------------------------------------
282 ACCUMULATED DEFERRED INCOME TAXES - -
------------------------------------
TOTAL LIABILITIES AND PROPRIETARY CAPITAL $ 73,114,396 $ 60,958,652
====================================
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ---------------------------------------------------------------------------------------------------------------------------------
SCHEDULE II - SERVICE COMPANY PROPERTY
- ---------------------------------------------------------------------------------------------------------------------------------
BALANCE AT RETIREMENT BALANCE AT
DESCRIPTION BEGINNING ADDITIONS OR OTHER CLOSE OF
OF YEAR SALES CHANGES (1) YEAR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
SERVICE COMPANY
PROPERTY
Account
301 ORGANIZATION
303 MISCELLANEOUS
INTANGIBLE PLANT $ 537,118 $ 14,573 $551,691
304 LAND AND LAND
RIGHTS
305 STRUCTURES AND
IMPROVEMENTS
306 LEASEHOLD
IMPROVEMENTS
307 EQUIPMENT (2)
308 OFFICE FURNITURE
AND EQUIPMENT
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT
310 AIRCRAFT AND
AIRPORT EQUIPMENT
311 OTHER SERVICE
COMPANY PROPERTY (3)
-----------------------------------------------------------------------------------------------
SUB-TOTAL 537,$118 14,573 - - 551,691
-----------------------------------------------------------------------------------------------
107 CONSTRUCTION
WORK IN
PROGRESS (4) $ 688,125 - - 688,125
-----------------------------------------------------------------------------------------------
TOTAL $537,118 $ 702,698 - - $ 1,239,816
- ---------------------------------------------------------------------------------------------------------------------------------
1 PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
None
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE II - CONTINUED
- ---------------------------------------------------------------------------------------------------------------------------------
2 SUBACCOUNTS ARE REQUIRED FOR EACH CLASS OF EQUIPMENT OWNED. THE SERVICE COMPANY SHALL PROVIDE A
LISTING BY SUBACCOUNT OF EQUIPMENT ADDITIONS DURING THE YEAR AND THE BALANCE AT THE CLOSE OF THE YEAR.
- ---------------------------------------------------------------------------------------------------------------------------------
BALANCE AT
SUBACCOUNT DESCRIPTION ADDITIONS CLOSE
OF YEAR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C>
None
---------------------------------------
TOTAL
- ---------------------------------------------------------------------------------------------------------------------------------
3 DESCRIBE OTHER SERVICE COMPANY PROPERTY:
None
- ---------------------------------------------------------------------------------------------------------------------------------
4 DESCRIBE CONSTRUCTION WORK IN PROGRESS:
Alliant Energy Corporate Services, Inc. is capitalizing certain software costs. These costs will be in construction work in
progress until the software is in service.
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -----------------------------------------------------------------------------------------------------------------
SCHEDULE III
ACCUMULATED PROVISION FOR DEPRECIATION AND AMORTIZATION OF
SERVICE COMPANY PROPERTY
- -----------------------------------------------------------------------------------------------------------------
ADDITIONS
---------------------------------------------------
BALANCE AT CHARGED BALANCE AT
DESCRIPTION BEGINNING TO RETIREMENTS OTHER CHANGES CLOSE OF
OF YEAR ACCOUNT 403 ADD (DEDUCT)(1) YEAR
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Account
301 ORGANIZATION
303 MISCELLANEOUS
INTANGIBLE PLANT $ 104,440 $ 186,731 $291,171
304 LAND AND LAND
RIGHTS
305 STRUCTURES AND
IMPROVEMENTS
306 LEASEHOLD
IMPROVEMENTS
307 EQUIPMENT
308 OFFICE FURNITURE
AND EQUIPMENT
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT
310 AIRCRAFT AND
AIRPORT EQUIPMENT
311 OTHER SERVICE
COMPANY PROPERTY
- -----------------------------------------------------------------------------------------------------------------
1 PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL: None
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -------------------------------------------------------------------------------------------------------------------
SCHEDULE IV - INVESTMENTS
- -------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Complete the following schedule concerning investments.
Under Account 124, "Other Investments", state each investment
separately, with description, including, the name of issuing
company, number of shares or principal amount, etc.
Under Account 136, "Temporary Cash Investments", list each
investment separately.
- -------------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
DESCRIPTION BEGINNING CLOSE
OF YEAR OF YEAR
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
ACCOUNT 123-INVESTMENT IN ASSOCIATE COMPANIES
Alliant Energy Corporation $ 28,358 $ 58,620
IES Utilities Inc. 1,312,374 4,674,447
Wisconsin Power and Light Company 1,437,472 4,865,215
Interstate Power Company 609,398 2,159,997
Alliant Energy Resources, Inc. 126,398 328,721
----------------------------------
3,514,000 12,087,000
----------------------------------
ACCOUNT 124-OTHER INVESTMENTS
ACCOUNT 136-TEMPORARY CASH INVESTMENTS
----------------------------------
Money Pool - Dreyfus 5,495,633 -
----------------------------------
----------------------------------
TOTAL $ 9,009,633 $ 12,087,000
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ----------------------------------------------------------------------------------------------------------------------
SCHEDULE V - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
- ----------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Complete the following schedule listing accounts receivable
from each associate company. Where the service company has
provided accommodation or convenience payments for associate
companies, a separate listing of total payments for each
associate company by subaccount should be provided.
- ----------------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
DESCRIPTION BEGINNING CLOSE
OF YEAR OF YEAR
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
ACCOUNT 146 ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
Alliant Energy Corporation $ 132,264 $ 367,316
IES Utilities Inc. 19,600,806 11,765,656
Wisconsin Power and Light Company 18,158,274 19,857,029
Interstate Power Company 6,691,356 7,964,884
Alliant Energy Resources, Inc. 703,490 1,253,786
Alliant Energy Transportation, Inc. 2,892 1,590
Cedar Rapids and Iowa City Railway Company 62,769 15,239
Transfer Services, Inc. 140 711
IEI Barge Services, Inc. 16,246 23,465
Industrial Energy Applications, Inc. 19,489 10,461
Whiting Petroleum Corporation 20,160 7,793
Iowa Land and Building Company 73,865 3,483
Prairie Ridge Business Park, L.C. 64 54
Alliant Energy International, Inc. 137,593 40,657
Alliant Energy Investments, Inc. 198 278
Alliant International New Zealand Limited 8,431 3,850
Heartland Energy Group, Inc. 1,797 2,274
Energys, Inc. 424 2,203
RMT, Inc. 2,248 2,025
Heartland Properties, Inc. 1,815 16,510
Village Lakeshares L.P. 763 (582)
Alliant Energy Investco, Inc. 5 34
Schedin & Associates, Inc. - 1,362
Heartland Energy Services, Inc. - 9
-------------------------------------
TOTAL $45,635,089 $ 41,340,087
- ----------------------------------------------------------------------------------------------------------
ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS: TOTAL
PAYMENTS
-------------------
None
-------------------
TOTAL PAYMENTS
- ----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ---------------------------------------------------------------------------------------------------------------------------
SCHEDULE VI - FUEL STOCK EXPENSES UNDISTRIBUTED
- ---------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to fuel stock expenses during the year and indicate amount
attributable to each associate company. Under the section
headed "Summary" listed below give an overall report of the
fuel functions performed by the service company.
- ---------------------------------------------------------------------------------------------------------------------------
DESCRIPTION LABOR EXPENSES TOTAL
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
ACCOUNT 152 - FUEL STOCK EXPENSES UNDISTRIBUTED None
-------------------------------------------------------------
TOTAL
-------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
SUMMARY:
- ---------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -------------------------------------------------------------------------------------------------------------------
SCHEDULE VII
STORES EXPENSE UNDISTRIBUTED
- -------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to stores expense during the year and indicate amount
attributable to each associate company.
- -------------------------------------------------------------------------------------------------------------------
DESCRIPTION LABOR EXPENSES TOTAL
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
ACCOUNT 163 - STORES EXPENSE UNDISTRIBUTED None
-------------------------------------------
TOTAL
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -----------------------------------------------------------------------------------------------------------------
SCHEDULE VIII
MISCELLANEOUS CURRENT AND ACCRUED ASSETS
- -----------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000
may be grouped, showing the number of items in each group.
- -----------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C>
ACCOUNT 174-MISCELLANEOUS CURRENT AND
ACCRUED ASSETS None
----------------------------------
TOTAL
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
------------------
- -----------------------------------------------------------------------------------------------------------------
SCHEDULE IX - MISCELLANEOUS DEFERRED DEBITS
- -----------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide detail of items in this account. Items less
than $10,000 may be grouped by class showing the number
of items in each class.
- -----------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C>
ACCOUNT 186-MISCELLANEOUS DEFERRED DEBITS None
----------------------------------
TOTAL
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -----------------------------------------------------------------------------------------------------------------------
SCHEDULE X
RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES
- -----------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide a description of each material research, development, or demonstration project
which incurred costs by the service corporation during the year.
- -----------------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- -----------------------------------------------------------------------------------------------------------------------
<S> <C>
ACCOUNT 188 - RESEARCH, DEVELOPMENT, OR DEMONSTRATION EXPENDITURES None
---------------------
TOTAL
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------------------------------------------
SCHEDULE XI - PROPRIETARY CAPITAL
- --------------------------------------------------------------------------------------------------------------------
ACCOUNT NUMBER OF PAR OR STATED OUTSTANDING
NUMBER CLASS OF STOCK SHARES VALUE CLOSE OF PERIOD
AUTHORIZED PER SHARE ----------------------------------
NO. OF TOTAL
SHARES AMOUNT
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
201 COMMON STOCK ISSUED 100 $ 0.01 100 $1.00
- --------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Classify amounts in each account with brief explanation, disclosing the general nature of transactions
which gave rise to the reported amounts.
- --------------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- --------------------------------------------------------------------------------------------------------------------
ACCOUNT 211-MISCELLANEOUS PAID-IN CAPITAL -
ACCOUNT 215-APPROPRIATED RETAINED EARNINGS -
-----------------
TOTAL -
- --------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Give particulars concerning net income or (loss) during the year, distinguishing between compensation
for the use of capital owed or net loss remaining from servicing nonassociates per the General Instructions of the
Uniform System of Accounts. For dividends paid during the year in cash or otherwise, provide rate percentage, amount
of dividend, date declared and date paid.
- --------------------------------------------------------------------------------------------------------------------
BALANCE AT NET INCOME BALANCE AT
BEGINNING OR DIVIDENDS CLOSE
DESCRIPTION OF YEAR (LOSS) PAID OF YEAR
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
ACCOUNT 216-
UNAPPROPRIATED
RETAINED EARNINGS - - - -
----------------------------------------------------------------------------
TOTAL - - - -
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
------------------
- -----------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XII -- LONG-TERM DEBT
- -----------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Advances from associate companies should be reported separately for advances on notes, and advances on open account.
Names of associate companies from which advances were received shall be shown under the class and series of obligation column.
For Account 224--Other long-term debt provide the name of creditor company or organization, terms of the obligation, date of
maturity, interest rate, and the amount authorized and outstanding.
- -----------------------------------------------------------------------------------------------------------------------------------
TERMS OF OBLIGATION BALANCE AT BALANCE AT
NAME OF CREDITOR CLASS & SERIES DATE OF INTEREST AMOUNT BEGINNING ADDITIONS DEDUCTIONS(1) CLOSE
OF OBLIGATION MATURITY RATE AUTHORIZED OF YEAR OF YEAR
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ACCOUNT 223--ADVANCES FROM ASSOCIATE COMPANIES: -
None
ACCOUNT 224--OTHER LONG-TERM DEBT: -
None
---------------------------------------------------------------------------------
TOTAL -
---------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
1 GIVE AN EXPLANATION OF DEDUCTIONS:
None
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------------------------------------------
SCHEDULE XIII -- CURRENT AND ACCRUED LIABILITIES
- --------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide balance of notes and accounts payable to each associate
company. Give description and amount of miscellaneous current
and accrued liabilities. Items less than $10,000 may be
grouped, showing the number of items in each group.
- --------------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
DESCRIPTION BEGINNING CLOSE
OF YEAR OF YEAR
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
ACCOUNT 233 -- NOTES PAYABLE TO ASSOCIATE COMPANIES
Alliant Energy Corporation $ 2,956,635 $ 219,037,910
IES Utilities Inc. 53,729,105 (56,945,810)
Wisconsin Power and Light Company (26,798,567) (125,749,174)
Interstate Power Company (21,857,087) (39,197,690)
-------------------------------------
TOTAL $ 8,030,086 $ (2,854,764)
- --------------------------------------------------------------------------------------------------------------------
ACCOUNT 234--ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES
Alliant Energy Corporation $ 28,358 $ 107,395
IES Utilities Inc. 2,233,270 5,336,071
Wisconsin Power and Light Company 2,638,883 5,059,177
Interstate Power Company 799,303 2,398,664
Alliant Energy Resources, Inc. 394,841 651,788
Iowa Land and Building Company 233,743 247,642
-------------------------------------
TOTAL $ 6,328,398 $ 13,800,737
- --------------------------------------------------------------------------------------------------------------------
ACCOUNT 242--MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES
Accrued Vacation $ 4,922,103 $ 5,437,913
Accrued Incentive Compensation - 15,785,500
Payroll Deductions 499,370 520,335
Miscellaneous 78,251 457,440
-------------------------------------
TOTAL $ 5,499,724 $ 22,201,188
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ----------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
- ----------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish particulars as
to any significant contingent assets or liabilities existing at the end
of the year. Notes relating to financial statements shown elsewhere
in this report may be indicated here by reference.
- ----------------------------------------------------------------------------------------------------------------------------------
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
(a) General:
Alliant Energy Corporation (Alliant Energy), a Wisconsin corporation and registered holding company under the Public Utility
Holding Company Act of 1935 (PUHCA), was created in the April 1998 merger of WPL Holdings, Inc., IES Industries Inc. and
Interstate Power Company. Alliant Energy Corporate Services, Inc. (the Company) is a wholly-owned subsidiary of Alliant Energy
and is the service company for the Alliant Energy system providing associate companies with a variety of administrative,
management and support services. The primary operating companies of the system are IES Utilities Inc. (IESU), Wisconsin Power
and Light Company (WP&L), Interstate Power Company (IPC) and Alliant Energy Resources, Inc. (AER). AER also has numerous
subsidiaries who procure services from the Company.
(b) Income Taxes:
Deferred income taxes have been recorded by the Company in 1999 to reflect the tax effects of temporary differences between the
time when certain costs are recorded in the accounts and when they are deducted for tax purposes.
2. NOTES PAYABLE TO ASSOCIATE COMPANIES:
Alliant Energy has established utility and non-utility money pools to coordinate short-term borrowings for certain
subsidiaries. The money pools provide a more efficient use of cash resources of the system and reduce outside short-term
borrowings. The money pools are administered by the Company and funded, as needed, through the issuance of commercial paper
by Alliant Energy. Interest expense and other fees are allocated based on borrowing amounts. The Public Service Commission of
Wisconsin has restricted WP&L from lending money to non-utility affiliates and non-Wisconsin utilities. As a result, WP&L is
prohibited from lending money to the utility money pool but is able to borrow money from the utility money pool.
3. PENSION AND OTHER POSTRETIREMENT BENEFITS:
Alliant Energy has several non-contributory defined benefit pension plans that cover substantially all of its employees who are
subject to a collective bargaining agreement. Plan benefits are generally based on years of service and compensation during
the employees' latter years of employment. Eligible employees of Alliant Energy that are not subject to a collective
bargaining agreement, including employees of the Company, are covered by the Alliant Energy Cash Balance Pension Plan, a
non-contributory defined benefit pension plan. During each year of service, Alliant Energy credits each participant's account
with a benefit credit equal to 5% of base pay as well as a guaranteed minimum interest credit equal to 4%. The projected unit
credit actuarial cost method was used to compute pension cost and the accumulated and projected benefit obligations. Alliant
Energy's policy is to fund all of the pension plans at an amount that is at least equal to the minimum funding requirements
mandated by the Employee Retirement Income Security Act of 1974, as amended (ERISA), and that does not exceed the maximum tax
deductible amount for the year.
Alliant Energy also provides certain other postretirement benefits to retirees, including medical benefits for retirees and
their spouses (and Medicare Part B reimbursement for certain retirees) and, in some cases, retiree life insurance.
<PAGE>
The weighted-average assumptions as of the measurement date of September 30 are as follows:
Qualified Pension Benefits Other Postretirement Benefits
------------------------------------ -----------------------------------
1999 1998 1997 1999 1998 1997
----------- ----------- ----------- ----------- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
Discount rate 7.75% 6.75% 7.25% 7.75% 6.75% 7.25%
Expected return on plan assets 9% 9% 8-9% 9% 9% 8-9%
Rate of compensation increase 3.5-4.5% 3.5-4.5% 3.5-5.0% 3.5% 3.5% 3.5%
Medicare cost trend on covered charges:
Initial trend range N/A N/A N/A 7% 8% 8%
Ultimate trend range N/A N/A N/A 5% 5-6% 5.0-6.5%
The components of Alliant Energy's qualified pension benefits and other postretirement benefits costs are as follows
(in millions):
Qualified Pension Benefits Other Postretirement Benefits
------------------------------------ -----------------------------------
1999 1998 1997 1999 1998 1997
----------- ----------- ----------- ----------- ----------- -----------
Service cost $ 12.8 $ 13.8 $ 13.1 $ 5.5 $ 5.1 $ 4.7
Interest cost 35.6 35.4 32.2 10.4 9.7 9.8
Expected return on plan assets (46.2) (47.2) (39.0) (5.0) (3.7) (2.6)
Amortization of:
Transition obligation (asset) (2.4) (2.4) (2.4) 4.3 4.7 4.9
Prior service cost 2.5 2.8 2.5 (0.3) (0.3) (0.3)
Actuarial (gain) / loss 0.2 (0.9) - (0.8) (1.2) (0.2)
----------- ----------- ----------- ----------- ----------- -----------
Total $ 2.5 $ 1.5 $ 6.4 $ 14.1 $ 14.3 $ 16.3
=========== =========== =========== =========== =========== ===========
During 1998 and 1997, Alliant Energy recognized an additional $10.3 million and $5.1 million, respectively, of costs in
accordance with SFAS 88. The charges were for severance and early retirement programs in the respective years. In addition,
during 1999, 1998 and 1997, Alliant Energy recognized $0.5 million, $10.2 million and $1.7 million, respectively, of
curtailment charges relating to Alliant Energy's other postretirement benefits.
The assumed medical trend rates are critical assumptions in determining the service and interest cost and accumulated
postretirement benefit obligation related to postretirement benefit costs. A one percent change in the medical trend rates
for 1999, holding all other assumptions constant, would have the following effects (in millions):
1 Percent Increase 1 Percent Decrease
------------------------ -----------------------
Effect on total of service and interest cost component $2.5 ($2.0)
Effect on postretirement benefit obligation $14.0 ($11.6)
<PAGE>
A reconciliation of the funded status of Alliant Energy's plans to the amounts recognized on Alliant Energy's Consolidated
Balance Sheets at December 31 is presented below (in millions):
Qualified Pension Benefits Other Postretirement Benefits
---------------------------------------------------------
1999 1998 1999 1998
----------- ----------- ----------- -----------
Change in benefit obligation:
Net benefit obligation at beginning of year $ 528.4 $ 474.2 $ 153.3 $ 146.4
Service cost 12.8 13.8 5.5 5.1
Interest cost 35.6 35.4 10.4 9.7
Plan participants' contributions - - 1.5 1.3
Plan amendments - (2.5) (2.5) -
Actuarial (gain) / loss (60.7) 24.8 (29.9) (3.6)
Curtailments - (3.0) (0.3) 1.9
Special termination benefits - 10.7 - -
Gross benefits paid (35.1) (25.0) (10.2) (7.5)
----------- ----------- ----------- -----------
Net benefit obligation at end of year 481.0 528.4 127.8 153.3
----------- ----------- ----------- -----------
Change in plan assets:
Fair value of plan assets at beginning of year 506.3 529.1 55.1 50.7
Actual return on plan assets 54.7 2.2 8.2 2.5
Employer contributions - - 13.6 7.0
Plan participants' contributions - - 1.6 1.3
401(h) assets recognized - - - 1.1
Gross benefits paid (35.1) (25.0) (10.2) (7.5)
----------- ----------- ----------- -----------
Fair value of plan assets at end of year 525.9 506.3 68.3 55.1
----------- ----------- ----------- -----------
Funded status at end of year 44.9 (22.1) (59.5) (98.2)
Unrecognized net actuarial (gain) / loss (39.0) 30.3 (39.3) (7.5)
Unrecognized prior service cost 23.2 25.8 (1.5) (1.7)
Unrecognized net transition obligation (asset) (8.2) (10.6) 52.4 60.6
----------- ----------- ----------- -----------
Net amount recognized at end of year $ 20.9 $ 23.4 ($47.9) ($46.8)
=========== =========== =========== ===========
Amounts recognized on the Consolidated
Balance Sheets consist of:
Prepaid benefit cost $ 39.1 $ 38.9 $ 0.6 $ 0.9
Accrued benefit cost (18.2) (15.5) (48.5) (47.7)
Additional minimum liability - (7.7) - -
Intangible asset - 7.7 - -
----------- ----------- ----------- -----------
Net amount recognized at measurement date 20.9 23.4 (47.9) (46.8)
----------- ----------- ----------- -----------
Contributions paid after 9/30 and prior to 12/31 - - 6.9 6.8
Net amount recognized at end of year $ 20.9 $ 23.4 $ (41.0) ($40.0)
=========== =========== =========== ===========
The benefit obligation and fair value of plan assets for the postretirement welfare plans with benefit obligations in excess of
plan assets were $121.3 million and $58.7 million, respectively, as of September 30, 1999 and $146.5 million and $45.3 million,
respectively, as of September 30, 1998. The projected benefit obligation, accumulated benefit obligation and fair value of
plan assets for the pension plans with benefit obligations in excess of plan assets were $231.4 million, $225.9 million and
$219.8 million, respectively, as of September 30, 1999 and $250.5 million, $241.1 million and $217.9 million, respectively as
of September 30, 1998.
<PAGE>
Alliant Energy also sponsors several non-qualified pension plans which cover certain current and former officers.
At December 31, 1999 and 1998, the funded balances of such plans totaled approximately $5 million. Alliant Energy's
pension benefit obligation under these plans was $28.0 million and $25.8 million at December 31, 1999 and 1998,
respectively. Alliant Energy's pension expense under these plans was $2.5 million, $4.5 million, and $3.7 million in
1999, 1998, and 1997, respectively.
A significant number of Alliant Energy employees also participate in defined contribution pension plans (401(k) plans).
Alliant Energy's contributions to the plans, which are based on the participants' level of contribution, were $7.4
million, $7.7 million and $5.5 million in 1999, 1998 and 1997, respectively.
4. RELATED PARTY ISSUES:
In association with the merger, IESU, WP&L and IPC entered into a System Coordination and Operating Agreement which
bcame effective with the merger. The agreement, which has been approved by the Federal Energy Regulatory Commission
(FERC), provides a contractual basis for coordinated planning, construction, operation and maintenance of the
interconnected electric generation and transmission systems of the three utility companies. In addition, the agreement
allows the interconnected system to be operated as a single entity with off-system capacity sales and purchases made
to market excess system capability or to meet system capability deficiencies. Such sales and purchases are allocated
among the three utility companies based on procedures included in the agreement. The procedures were approved by
both FERC and all state regulatory bodies having jurisdiction over these sales. Under the agreement, IESU, WP&L and
IPC are fully reimbursed for any generation expense incurred to support the sale to an affiliate or to a non-affiliate. Any
margins on sales to non-affiliates are distributed to the three utilities in proportion to each utility's share of electric
production at the time of sale.
5. INVESTMENTS IN ASSOCIATE COMPANIES:
Certain employee benefits costs billed to the operating companies have not yet been funded by the Company. The balance
recorded in Account 123, Investments in Associate Companies, is a result of the operating companies, in turn, not yet paying
the Company for such costs. The Company's corresponding benefits liability is recorded in Account 253, Other Deferred Credits.
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -----------------------------------------------------------------------------------------------------------------------
SCHEDULE XV
STATEMENT OF INCOME
- -----------------------------------------------------------------------------------------------------------------------
ACCOUNT DESCRIPTION CURRENT YEAR PRIOR YEAR
- -----------------------------------------------------------------------------------------------------------------------
<S> <S> <C> <C>
INCOME
457 Services rendered to associate companies $ 242,566,385 $ 144,391,183
458 Services rendered to nonassociate companies - -
419 Interest income 5,096,674 2,355,720
421 Miscellaneous income or loss - 394,800
------------------ --------------
Total Income 247,663,059 147,141,703
------------------ --------------
920 Salaries and wages 92,872,297 47,313,175
921 Office supplies and expenses 30,903,864 20,296,478
922 Administrative expense transferred -- credit - -
923 Outside services employed 42,636,005 24,755,778
924 Property insurance 2,800,698 2,634,818
925 Injuries and damages 1,032,917 1,490,611
926 Employee pensions and benefits 16,084,167 11,838,733
928 Regulatory commission expense 1,440,932 2,475,228
930.1 General advertising expenses 2,023,919 1,293,632
930.2 Miscellaneous general expenses 11,312,689 5,796,361
931 Rents 30,864,455 15,812,270
932 Maintenance of structures and equipment 352,991 266,669
403 Depreciation and amortization expense 186,731 104,440
408 Taxes other than income taxes 5,468,982 3,210,891
409 Income taxes 3,057,102 -
410 Provision for deferred income taxes - -
411 Provision for deferred income taxes -- credit (2,301,081) -
411.5 Investment tax credit - -
426.1 Donations 1,045,565 210,736
426.5 Other deductions 2,173,046 6,680,860
427 Interest on long-term debt - -
430 Interest on debt to associate companies 5,211,633 2,917,264
431 Other interest expense 496,147 43,759
------------------ -------------
Total Expense 247,663,059 147,141,703
------------------ -------------
Net Income or (Loss) $ - $ -
------------------ -------------
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
----------------------------------------
For the Year Ended December 31, 1999
------------------
- ------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BILLING
ASSOCIATE COMPANIES
ACCOUNT 457
- ------------------------------------------------------------------------------------------------------------------------
DIRECT INDIRECT COMPENSATION TOTAL
NAME OF ASSOCIATE COSTS COSTS FOR USE AMOUNT
COMPANY CHARGED CHARGED OF CAPITAL BILLED
---------------------------------------------------
457-1 457-2 457-3
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Alliant Energy Corporation $ 1,296,327 $ 164,103 $ 1,460,430
IES Utilities Inc. 75,937,112 17,999,328 93,936,440
Wisconsin Power and Light Company 78,200,880 18,328,280 96,529,160
Interstate Power Company 34,626,102 8,275,751 42,901,853
Alliant Energy Resources, Inc. 4,927,939 720,203 5,648,142
Alliant Energy Transportation, Inc. 66,806 7,091 73,897
Cedar Rapids and Iowa City Railway Company 188,507 17,639 206,146
Transfer Services, Inc. 1,780 554 2,334
IEI Barge Services, Inc. 102,116 (471) 101,645
Industrial Energy Applications, Inc. 96,938 40,093 137,031
Whiting Petroleum Corporation 45,181 9,295 54,476
Iowa Land and Building Company 267,565 98,364 365,929
Prairie Ridge Business Park, L.C. 1,121 854 1,975
IES Midland Development Inc. 167,088 344 167,432
IES Ventures Inc. (26) 137 111
Alliant Energy International, Inc. 220,789 58,887 279,676
Alliant Energy Investments, Inc. 6,563 3,926 10,489
Alliant International New Zealand Limited 23,505 14,031 37,536
Heartland Energy Group, Inc. 8,757 1,424 10,181
Energys, Inc. 36,865 4,338 41,203
RMT, Inc. 462,602 11,712 474,314
Heartland Properties, Inc. 69,490 28,606 98,096
Village Lakeshares L.P. 16,287 9,237 25,524
Alliant Energy Investco, Inc. 90 69 159
Schedin & Associates, Inc. 1,232 965 2,197
Heartland Energy Services, Inc. 9 - 9
-------------------------------------------------------------------------
TOTAL $ 196,771,625 $ 45,794,760 - $ 242,566,385
- ------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
------------------
- -------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
ACCOUNT 458
- -------------------------------------------------------------------------------------------------------------------------------
NAME OF DIRECT INDIRECT COMPENSATION EXCESS TOTAL
NONASSOCIATE COST COST FOR USE TOTAL OR AMOUNT
COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY BILLED
---------------------------------------------------- -----------------
458-1 458-2 458-3 458-4
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
None
----------------------------------------------------------------------------------------------------------
TOTAL - - - - - -
- -------------------------------------------------------------------------------------------------------------------------------
INSTRUCTION: Provide a brief description of the services rendered to each nonassociate company.
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- -----------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XVI
ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES
- -----------------------------------------------------------------------------------------------------------------------------------
ASSOCIATE COMPANY NONASSOCIATE COMPANY TOTAL CHARGES FOR
CHARGES CHARGES SERVICE
-------------------------------------- --------------------- --------------------------------------
DESCRIPTION OF ITEMS DIRECT INDIRECT TOTAL DIRECT INDIRECT TOTAL DIRECT INDIRECT TOTAL
COST COST COST COST COST COST
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 SALARIES AND
WAGES $ 83,088,810 $ 9,783,487 $ 92,872,297 - $ 83,088,810 $ 9,783,487 $ 92,872,297
921 OFFICE SUPPLIES
AND EXPENSES 30,899,412 4,452 30,903,864 - 30,899,412 4,452 30,903,864
922 ADMINISTRATIVE
EXPENSE TRANSFERRED
-- CREDIT - - - - -
923 OUTSIDE SERVICES
EMPLOYED 42,636,005 42,636,005 - 42,636,005 - 42,636,005
924 PROPERTY INSURANCE 2,800,698 2,800,698 - 2,800,698 - 2,800,698
925 INJURIES AND DAMAGES 1,032,917 1,032,917 - 1,032,917 - 1,032,917
926 EMPLOYEE PENSIONS
AND BENEFITS 3,692,705 12,391,462 16,084,167 - 3,692,705 12,391,462 16,084,167
928 REGULATORY COMMISSION
EXPENSE 1,430,061 10,871 1,440,932 - 1,430,061 10,871 1,440,932
930.1 GENERAL ADVERTISING
EXPENSES 2,023,919 2,023,919 - 2,023,919 - 2,023,919
930.2 MISCELLANEOUS GENERAL
EXPENSES 11,312,689 11,312,689 - 11,312,689 - 11,312,689
931 RENTS 12,991,306 17,873,149 30,864,455 - 12,991,306 17,873,149 30,864,455
932 MAINTENANCE OF
STRUCTURES AND
EQUIPMENT 243,090 109,901 352,991 - 243,090 109,901 352,991
403 DEPRECIATION AND
AMORTIZATION
EXPENSE 186,731 186,731 - 186,731 - 186,731
408 TAXES OTHER THAN
INCOME TAXES 5,468,982 5,468,982 - - 5,468,982 5,468,982
409 INCOME TAXES 3,057,102 3,057,102 - 3,057,102 - 3,057,102
410 PROVISION FOR
DEFERRED INCOME
TAXES - - - - -
411 PROVISION FOR
DEFERRED INCOME
TAXES -- CREDIT (2,301,081) (2,301,081) - (2,301,081) - (2,301,081)
411.5 INVESTMENT TAX
CREDIT - - - - -
426.1 DONATIONS 988,684 56,881 1,045,565 - 988,684 56,881 1,045,565
426.5 OTHER DEDUCTIONS 2,077,471 95,575 2,173,046 - 2,077,471 95,575 2,173,046
427 INTEREST ON
LONG-TERM DEBT - - - - -
431 OTHER INTEREST
EXPENSE 496,147 496,147 - 496,147 - 496,147
- --------------------------------
INSTRUCTION: Total cost of
service will equal for associate
and nonassociate companies the
total amount billed under their
separate analysis of billing
schedules.
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL EXPENSES = 196,656,666 45,794,760 242,451,426 - - - 196,656,666 45,794,760 242,451,426
- -----------------------------------------------------------------------------------------------------------------------------------
COMPENSATION FOR USE OF
EQUITY CAPITAL =
- -----------------------------------------------------------------------------------------------------------------------------------
430 INTEREST ON DEBT TO
ASSOCIATE COM 5,211,633 5,211,633 5,211,633 - 5,211,633
- -----------------------------------------------------------------------------------------------------------------------------------
TOTAL COST OF SERVICE = $201,868,299 $45,794,760 $247,663,059 - - - $201,868,299 $45,794,760 $ 247,663,059
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
- ------------------------------------------------------------------------------------------------------------------------------------
DEPARTMENT OR SERVICE FUNCTION
Total -------------------------------------------------------------
DESCRIPTION OF ITEMS AMOUNT OVERHEAD Accounting Adm/Exec Corporate Elec T&D
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
920 SALARIES AND WAGES $ 92,872,297 $ 4,807,078 $ 16,879,309 $ 18,158,120 $ 3,469,440
921 OFFICE SUPPLIES
AND EXPENSES 30,903,864 404,330 15,073,202 1,061,017 476,068
922 ADMINISTRATIVE EXPENSE
TRANSFERRED -- CREDIT -
923 OUTSIDE SERVICES EMPLOYED 42,636,005 770,897 5,597,174 1,883,313 340,561
924 PROPERTY INSURANCE 2,800,698
925 INJURIES AND DAMAGES 1,032,917 690 (774)
926 EMPLOYEE PENSIONS
AND BENEFITS 16,084,167 806,164 2,819,802 3,525,468 612,593
928 REGULATORY COMMISSION EXPENSE 1,440,932 15,625 254,094 (64,453)
930.1 GENERAL ADVERTISING EXPENSE 2,023,919 4,781 443,772 539
930.2 MISCELLANEOUS GENERAL EXPENSES 11,312,689 996 388,580 3,037,640 2,853
931 RENTS 30,864,455 1,279,370 5,883,916 622,932 1,007,294
932 MAINTENANCE OF STRUCTURES
AND EQUIPMENT 352,991 4,154
403 DEPRECIATION AND AMORTIZATION
EXPENSE 186,731 186,731
408 TAXES OTHER THAN INCOME TAXES 5,468,982 355,972 1,241,245 11,946 269,356
409 INCOME TAXES 3,057,102 3,057,102
410 PROVISION FOR DEFERRED
INCOME TAXES -
411 PROVISION FOR DEFERRED INCOME
TAXES -- CREDIT (2,301,081) (2,301,081)
411.5 INVESTMENT TAX CREDIT -
426.1 DONATIONS 1,045,565 472,492 1,284
426.5 OTHER DEDUCTIONS 2,173,046 6,081 166,599 170,204
427 INTEREST ON LONG-TERM DEBT -
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES 5,211,633 5,211,633
431 OTHER INTEREST EXPENSE 496,147 485,147
- ---------------------------------------
INSTRUCTION: Indicate each department
or service function. (see Instructions
01-3 General Structure of Accounting
System: Uniform System Account)
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL EXPENSES = $ 247,663,059 $ - $ 8,451,294 $ 49,225,029 $ 35,046,229 $ 6,178,704
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
- ------------------------------------------------------------------------------------------------------------------------------------
Acct Electric Human
Nbr Sys Maint Environmental Facilities Finance Fuels Gas T&D Gas Acq Disp Gas Sys Maint Resources
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 $ 1,216,100 $ 1,872,624 $ 661,298 $ 1,815,097 $ 556,293 $ 388,291 $ 411,534 $ 646,248 $ 3,262,772
921 172,173 404,735 553,907 354,133 126,435 5,947 56,829 180,394 347,344
922
923 27,856 76,861 1,624,589 2,299,244 451,571 (16,398) 1,234 355,568 906,368
924 56 2,737,792 8,949
925 2 (365,710)
926 213,439 330,141 116,644 365,594 94,096 68,633 66,144 113,885 673,220
928 8,651 41,936 2,857
930.1 4,157 508 4,355 10,628
930.2 175 2,543,990 3,775 438,423 79,500 35,036 920 64,469
931 404,673 500,948 197,043 539,676 141,128 103,218 99,596 198,263 907,282
932 346,992
403
408 94,001 145,817 51,512 142,006 41,539 30,305 29,209 50,303 235,511
409
410
411
411.5
426.1 17 43,824 489,192
426.5 332 515,120
427
430
431 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
$ 2,128,434 $ 5,923,487 $3,556,268 $ 9,345,922 $ 1,490,562 $ 579,996 $ 708,233 $ 1,587,517 $ 6,419,400
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
- ------------------------------------------------------------------------------------------------------------------------------------
DEPARTMENT OR SERVICE FUNCTION
-----------------------------------------------------------------------------------------------------------------------------
Acct Information Internal Investor Mrkt & Cust
Nbr Sys Audit Rel Land & ROW Legal Rel Mtrl Mgmt Meters Pwr Plan
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 $ 8,351,697 $ 570,194 $ 388,162 $ 761,061 $ 1,940,904 $ 12,993,871 $ 3,051,865 $ 416,284 $ 4,432,902
921 4,595,756 54,311 338,946 161,238 283,265 2,895,697 810,684 79,643 718,030
922
923 21,180,693 67,646 522,461 179,153 1,754,668 2,644,372 457,454 629 344,004
924 51,801 2,100
925 59 1,398,836
926 1,325,731 100,611 68,837 134,618 330,902 1,987,984 535,904 73,455 710,708
928 59 92,775 52,892 100
930.1 86,795 5,328 4,021 10,078 905,003 8,371 11,115
930.2 88,471 143,426 1,722,163 46,587 182,186 550 1,473,846
931 8,587,967 151,721 103,533 206,873 523,461 3,039,269 807,126 110,589 3,874,767
932 1,845
403
408 585,243 44,434 30,380 59,193 146,059 876,085 236,304 32,441 314,300
409
410
411
411.5
426.1 1,038 8,010
426.5 125 1,727 21,476 (8,049)
427
430
431
- ------------------------------------------------------------------------------------------------------------------------------------
$ 44,802,537 $ 994,245 $ 1,599,766 $ 3,317,133 $ 6,542,218 $ 25,557,898 $ 5,908,258 $ 713,041 $ 11,871,723
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
- --------------------------------------------------------------------------------
DEPARTMENT OR SERVICE FUNCTION
-----------------------------------------------------------------------
Acct
Nbr Pub Affairs Pwr Eng & Cons Rates Transportation
- --------------------------------------------------------------------------------
920 $ 1,750,430 $ 2,353,958 $ 1,301,217 $ 415,548
921 970,441 422,045 240,264 117,030
922
923 580,354 296,281 223,524 65,928
924
925 (186)
926 301,120 412,529 229,698 66,247
928 1,036,396
930.1 513,593 10,875
930.2 1,052,903 3,569 2,631
931 451,877 652,990 368,924 100,019
932
403
408 132,968 182,198 101,397 29,258
409
410
411
411.5
426.1 29,708
426.5 1,299,431
427
430
431
- --------------------------------------------------------------------------------
$ 7,082,825 $ 4,323,384 $ 3,514,926 $ 794,030
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------
DEPARTMENTAL ANALYSIS OF SALARIES
ACCOUNT 920
- ------------------------------------------------------------------------------------------------------------------
DEPARTMENTAL SALARY EXPENSE NUMBER
--------------------------------------------------------------- PERSONNEL
NAME OF DEPARTMENT ---------
INCLUDED IN AMOUNTS BILLED TO
Indicate each -------------------------------------------
department or TOTAL PARENT OTHER NON END OF
service function AMOUNT COMPANY ASSOCIATES ASSOCIATES YEAR
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
ACCOUNTING $ 4,807,078 $ 60,090 $ 4,746,988 84
ADMIN/EXEC 16,879,309 106,365 16,772,944 237
CORPORATE 18,158,120 127,914 18,030,206 0
ELECTRIC T&D 3,469,440 - 3,469,440 66
ELECTRIC SYSTEM MAINTENANCE 1,216,100 - 1,216,100 23
ENVIRONMENTAL 1,872,624 - 1,872,624 29
FACILITIES 661,298 - 661,298 16
FINANCE 1,815,097 33,212 1,781,885 29
FUELS 556,293 - 556,293 9
GAS T&D 388,291 - 388,291 7
GAS ACQ & DISP 411,534 - 411,534 8
GAS SYSTEM MAINTENANCE 646,248 - 646,248 12
HUMAN RESOURCES 3,262,772 - 3,262,772 59
INFORMATION SYSTEMS 8,351,697 - 8,351,697 121
INTERNAL AUDIT 570,194 2,498 567,696 12
INVESTOR RELATIONS 388,162 735 387,427 10
LAND & ROW 761,061 - 761,061 17
LEGAL 1,940,904 10,926 1,929,978 27
MARKETING & CUSTOMER REL 12,993,871 - 12,993,871 209
MATERIALS MGMT 3,051,865 - 3,051,865 57
METERS 416,284 - 416,284 8
POWER PLANNING 4,432,902 - 4,432,902 69
PUBLIC AFFAIRS 1,750,430 34,785 1,715,645 37
PWR ENG & CONST 2,353,958 - 2,353,958 37
RATES 1,301,217 - 1,301,217 24
TRANSPORTATION 415,548 - 415,548 6
-----------------------------------------------------------------------------
TOTAL $ 92,872,297 $ 376,525 $ 92,495,772 1,213
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
------------------
- --------------------------------------------------------------------------------------------------------------------------------
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
- --------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If the aggregrate amounts paid to any
one payee and included within one subaccount is less than $25,000, only the aggregrate number and amount of all
such payments included within the subaccount need be shown. Provide a subtotal for each type of services.
- --------------------------------------------------------------------------------------------------------------------------------
RELATIONSHIP
--------------------------------
"A" = ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA" - NON
ASSOCIATE AMOUNT
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Accounting/Auditing
Arthur Andersen LLP NA $ 779,388
Auditforce, Inc NA 118,305
Stone & Webster NA 50,000
Meta Group Inc. NA 25,000
36 Invoices under $25,000 20,594
----------------
Subtotal 993,287
----------------
Demand Side Management
Dept of Human Rights - Iowa NA 794,000
Trees Forever NA 439,500
----------------
Subtotal 1,233,500
----------------
Document Management
Corporate Express NA 237,065
Data Collections Systems Inc NA 154,061
MCI Worldcom NA 141,076
NBI Human Resource Solutions NA 65,547
PSI Group Iowa NA 58,198
Options of Linn County NA 51,600
Reiner Associates NA 47,587
Teuteberg Business Forms NA 42,959
Westaff NA 32,490
216 Invoices under $25,000 52,263
----------------
Subtotal 882,846
----------------
Engineering
Motorola NA 209,185
Diggers Hotline Inc NA 187,489
Safe Harbor Group LLC NA 179,866
Iowa One Call NA 109,571
Digital Equipment Inc. NA 103,335
Functional Service Corp NA 103,096
Intelligent Networks Inc NA 90,031
Norstan Communications NA 64,426
Real Time Cadd Services Inc NA 62,582
Michaels Engineering Inc NA 41,391
Corn Belt Power Cooperative NA 39,472
J&J Associates NA 27,058
399 Invoices under $25,000 368,743
----------------
Subtotal 1,586,245
----------------
<PAGE>
- --------------------------------------------------------------------------------------------------------------------------------
RELATIONSHIP
--------------------------------
"A" = ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA" - NON
ASSOCIATE AMOUNT
- --------------------------------------------------------------------------------------------------------------------------------
Environmental
Caldwell Energy NA 149,123
ISG Resource Inc NA 90,725
Midwest Fly Ash NA 76,339
RMT Inc A 67,117
29 Invoices under $25,000 51,833
----------------
Subtotal 435,137
----------------
Financial
Citibank NA 640,705
J&H Marsh & McLennan Inc NA 265,000
Sungard CSS NA 252,686
Moodys Investors Service Inc NA 214,000
Bank One NA 182,679
Standard & Poors NA 142,138
Firstar Bank Milwaukee NA 126,635
Offenhauser & Company NA 112,805
ADP Investor Communicator NA 65,845
American Appraisal Associates NA 63,000
King & Spalding NA 62,745
Interact NA 51,150
GE Card Services NA 44,924
Bowne of Chicago NA 44,826
New York Stock Exchange Inc NA 38,649
Norwest Banks NA 36,784
Elan Financial Services NA 33,139
Norwest Bank of Iowa NA 32,093
ADS Associates NA 29,884
Goldman Sachs & Co. NA 28,875
400 Invoices under $25,000 312,281
----------------
Subtotal 2,780,843
----------------
Human Resources
Towers Perrin NA 201,590
Manpower Inc NA 146,095
Behavioral Technology Inc NA 73,438
Integrated Software Solutions NA 57,017
Greenbrier & Russel, Inc. NA 43,699
General Medical Laboratories NA 34,586
National Safety Council NA 33,375
Young Clark & Associates NA 32,622
206 Invoices under $25,000 207,084
----------------
Subtotal 829,506
<PAGE>
- --------------------------------------------------------------------------------------------------------------------------------
RELATIONSHIP
--------------------------------
"A" = ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA" - NON
ASSOCIATE AMOUNT
- --------------------------------------------------------------------------------------------------------------------------------
Information Technology
EDS Credit Corporation NA 10,687,854
Compuware Corporation NA 1,617,235
Convergent Group NA 1,265,604
Inacom NA 1,150,203
Comprehensive Computer Consulting NA 698,034
Teamsoft Inc NA 540,275
New Resources Corp NA 489,935
Entre Computer Center NA 480,415
Phoenix Consulting NA 445,253
Entre Information Systems NA 420,265
RK Group NA 353,748
Whittman-Hart, Inc NA 331,639
D L English Consulting Inc NA 324,737
Smart Solutions Inc NA 317,348
Xerox Corporation NA 289,796
Hewlett Packard NA 273,003
Stratagem Inc NA 267,033
Exactium, Inc NA 236,016
Jim & Rita Reilly NA 225,860
Compupros Inc NA 172,955
International Integration Inc NA 149,798
Remedy NA 147,094
Technology Consulting Corp NA 142,804
Inacom Information Systems NA 133,904
Cisco NA 133,500
Intellimark Incorporated NA 132,679
Norrell Services NA 132,332
Wixted Pope Nora & Assoc NA 123,786
O/E Atlanta, Inc NA 104,653
Storck Associates NA 104,232
Cambridge Tempositions Inc NA 97,586
Integrated Systems Intnl NA 96,018
ADTEC NA 93,131
Kelly Services Inc NA 92,073
Miles Consulting Inc NA 91,522
Burns & McDonnell NA 75,318
PPC Consulting NA 75,140
Gartner Group Inc NA 67,386
ABB PGE NA 62,000
Renaissance Worldwide IT NA 61,434
General Physics Corporation NA 59,370
Bailey Controls Company NA 57,566
Fisher Rosemount Systems Inc NA 52,812
Chamberlain Research Consultants NA 49,275
Van Meter Industrial, Inc NA 48,028
Per Mar Security Services NA 44,970
Interim Technology NA 43,093
Westphal & Company Inc NA 43,000
ASAP Software Express NA 39,102
Ronan Engineering Company NA 34,374
Peregrine Systems Inc NA 29,985
Techstaff of Iowa Inc. NA 28,907
Anixter Inc NA 28,896
Westinghouse Process Control NA 28,807
Entegee NA 26,434
R S Stover NA 25,297
70 Invoices under $25,000 489,447
----------------
Subtotal 23,832,961
<PAGE>
- --------------------------------------------------------------------------------------------------------------------------------
RELATIONSHIP
--------------------------------
"A" = ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA" - NON
ASSOCIATE AMOUNT
- --------------------------------------------------------------------------------------------------------------------------------
Legal & Regulatory
Thelen Reid & Priest LLP NA 759,615
Morgan Lewis & Bockius LLP NA 401,946
McDermott Will & Emery NA 263,172
Pacific Economics Group NA 154,188
Foley & Lardner NA 122,344
Wisconsin Public Service Corp NA 117,084
Wisconsin Technical College NA 116,280
Swearingen, Wayne B NA 104,682
Hammer Simon & Jensen NA 89,360
Global Energy Options NA 88,340
Public Service Commission Of WI NA 71,900
Gonzalez, Saggio, Birdsall & Harlan LLP NA 70,000
Bradley & Riley PC NA 55,845
Slover & Loftus NA 54,963
Jones, Day, Reavis, & Progue NA 50,593
Hannan, Siesennop & Sullivan NA 38,528
Ian Domowitz NA 35,740
Sullivan Reporting Service NA 31,731
Sieben Energy Associates NA 30,793
Milbank, Tweed, Hadley NA 27,635
Iowa Utility Association NA 27,076
191 Invoices under $25,000 288,705
----------------
Subtotal 3,000,520
----------------
Marketing & Customer Relations
Maxim Group NA 375,939
Dimark NA 223,854
Marshall & Ilsley Bank NA 208,586
Nexus Energy Software NA 164,297
B G Brecke Incorporated NA 124,078
Sedona Staffing Services NA 90,306
Hart-Hanks Data Technologies NA 84,331
E Con Inc NA 79,664
Exactium, Inc NA 70,637
RKS Research & Consulting NA 68,691
Metzler & Associates NA 65,000
Thompson Consulting Ltd NA 56,650
Cambridge Reports Research NA 44,750
Engage Networks Inc NA 34,465
Wegner CPAS, LLC NA 33,044
Tech Resources Inc NA 28,500
Forster Electrical Engineering NA 28,448
Nicol Engineering NA 27,000
United States Postmaster NA 26,324
236 Invoices under $25,000 339,860
----------------
Subtotal 2,174,424
----------------
Miscellaneous Facilities
Larson Construction Co Inc NA 1,018,023
Angus Young Associates NA 87,947
Kennys Transfer Inc NA 77,719
Sand Communication Inc NA 65,962
Nelson Electric Company NA 57,355
Don Fauser NA 54,293
Berry Industrial Mtce Inc NA 44,300
Modern Piping Incorporated NA 43,467
Blazek Corp NA 33,146
Berry Tradesmen Inc NA 31,177
Broulik Painting Inc NA 25,304
6 Invoices under $25,000 14,452
----------------
Subtotal 1,553,145
----------------
Public Relations
Meyocks & Priebe Advertising NA 306,444
204 Invoices under $25,000 136,669
----------------
Subtotal 443,113
----------------
<PAGE>
- --------------------------------------------------------------------------------------------------------------------------------
RELATIONSHIP
--------------------------------
"A" = ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA" - NON
ASSOCIATE AMOUNT
- --------------------------------------------------------------------------------------------------------------------------------
Training
Center For Organization NA 267,258
Larsonallen Corporate Learning NA 216,512
Applied Professional Training Inc NA 106,722
WD Associates NA 97,657
Corporate Learning Center NA 74,547
Alexander Welding NA 32,060
47 Invoices under $25,000 81,914
----------------
Subtotal 876,670
----------------
Utility Operations
Interstate Power Company A 721,006
Wisconsin Power & Light Company A 491,354
Alliant Energy Resources, Inc. A 223,682
IES Utilities Inc. A 125,437
----------------
Subtotal 1,561,479
----------------
Other
EPRI NA 121,400
Engineering & IT Related Projects
Alliance For Rail Competition NA 56,000
Fuel Transportation Administration
Eurobrokers Inc. NA 50,500
Fuel Administration
Econoprint NA 38,387
Misc. Printing
Iowa State University NA 31,125
Misc. Power Plant Operations
US Relocation NA (274,097)
Misc. Employee Relocation Reimbursement
179 Invoices under $25,000 429,014
----------------
Subtotal 452,329
----------------
- --------------------------------------------------------------------------------------------------------------------------------
TOTAL $ 42,636,005
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
EMPLOYEE PENSIONS AND BENEFITS
ACCOUNT 926
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of each pension plan and benefit program
provided by the service company. Such listing should be limited
to $25,000.
- --------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- --------------------------------------------------------------------------------
Medical $ 5,845,668
Pension 4,990,216
401-K 1,663,533
Post Retirement Benefits 1,050,275
Dental 809,493
Life Insurance 527,064
Long Term Disability 349,053
Tuition Reimbursement 124,966
Wellness Employee Assistance Program 104,149
Service Awards 81,834
Other 537,916
- --------------------------------------------------------------------------------
$ 16,084,167
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ----------------------------------------------------------------------------------------------------------------------------------
GENERAL ADVERTISING EXPENSES
ACCOUNT 930.1
- ---------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 930.1
"General Advertising Expenses", classifying the items according
to the nature of the advertIsing and as defined in the account
definition. If a particular class includes an amount in excess
of $3,000 applicable to a single payee, show separately the
name of the payee and the aggregate amount applicable thereto.
- ----------------------------------------------------------------------------------------------------------------------------------
DESCRIPTION NAME OF PAYEE AMOUNT
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Advertising in newspapers, periodicals, billboards, radio, etc. Yellow Page Control Ltd $ 231,464
WMTV Madison 107,450
KCRG TV 9 76,200
UW Athletic Department 67,500
Cedar Rapids Television Company 33,850
Wisc TV 31,200
Telxtra 25,179
Cedar Rapids Gazette 24,826
Group C Communications 24,235
Madison Newspapers Inc 22,937
McLeod USA 20,000
Fortune Magazine 19,885
Halycon Business Publications 19,346
Metro Communications 17,056
Trade & Commerce 12,050
WDG Communications 6,763
Dickinson Publications LLC 6,570
Forward Wisconsin Inc 5,000
Advertising matter such as posters, bulletins, booklets and Freedom Festival 25,000
related items Iowa Utility Association 19,672
Madison Festivals Inc 10,000
Society of the Plastics Industry 7,680
IA Department of Economics 7,600
Society of Manufacturing 3,200
Fees and expenses of advertising agencies and commercial Meyocks & Priebe Advertising 539,600
artists Cedar Graphics 35,509
Organizational Support Services 30,200
Rivkin & Associates Inc 29,000
The David Group 26,142
Abby Communications Inc. 24,908
CMF&Z 20,000
Big Behr Design Co 10,000
Niagara Conservation 10,000
Midwest Professional Displays 9,169
Detter Design 8,250
AT&T Media Services 7,160
Gruber Phillips, Inc 3,830
Solbergs 9,759
WIAC Border Battle 5,000
Eagle Eye Embroidery 3,208
Supplies and expenses in preparing advertising materials Corporate Express 15,984
Printing of booklets, dodgers, bulletins, etc. Cornerstone Press 29,172
Straus Printing C5 15,835
Iowa Renewable Energy Association 10,000
Office supplies and expenses BT Office Products 6,034
Other - Customer Information 135 Invoices Under $3000 90,298
Other - Public Relations 72 Invoices Under $3000 70,390
Other - Economic Development 69 Invoices Under $3000 46,630
Other - Employment Advertising 205 Invoices Under $3000 6,970
Other 343 Invoices Under $3000 136,208
--------------------
2,023,919
- --------------------------------------------------------------------------------
</TABLE>
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
MISCELLANEOUS GENERAL EXPENSES
ACCOUNT 930.2
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 930.2,
"Miscellaneous General Expenses", classifying such expenses
according to their nature. Payments and expenses permitted by
Section 321(b)(2) of the Federal Election Campaign Act, as
amended by Public Law 94-283 in 1976 (2 U.S.C. ~ 441(b)(2)
shall be separately classified.
- --------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- --------------------------------------------------------------------------------
Industry Dues, Memberships and Fees $ 3,053,673
Transmission Service - FERC Order 888 2,457,465
Research Support 2,441,827
Land & Land Rights 1,710,270
Miscellaneous Insurance Charges 833,701
Director Fees 537,403
Other 278,350
- --------------------------------------------------------------------------------
TOTAL $ 11,312,689
- --------------------------------------------------------------------------------
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
RENTS
ACCOUNT 931
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 931 "Rents",
classifying such expenses by major groupings of property, as
defined in the account definition of the Uniform System of
Accounts.
- --------------------------------------------------------------------------------
TYPE OF PROPERTY AMOUNT
- --------------------------------------------------------------------------------
Facilities Rental $ 21,918,646
Equipment Rental 6,743,740
Software Rental 2,185,406
Other 16,663
- --------------------------------------------------------------------------------
TOTAL $ 30,864,455
- --------------------------------------------------------------------------------
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
TAXES OTHER THAN INCOME TAXES
ACCOUNT 408
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide an analysis of Account 408, "Taxes Other than Income
Taxes". Separate the analysis into two groups (1) other than
U.S. Government taxes, and (2) U.S. Government taxes. Specifiy
each of the various kinds of taxes and show the amounts thereof.
Provide a subtotal for each class of tax.
- --------------------------------------------------------------------------------
KIND OF TAX AMOUNT
- --------------------------------------------------------------------------------
Other Than U.S. Government Taxes
State Unemployment $ 49,583
---------------------
Subtotal 49,583
---------------------
U.S. Government Taxes
Social Security 5,342,647
Federal Unemployment 76,752
---------------------
Subtotal 5,419,399
---------------------
- --------------------------------------------------------------------------------
TOTAL $ 5,468,982
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
------------------
- -------------------------------------------------------------------------------------------------------------
DONATIONS
ACCOUNT 426.1
- -------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 426.1,
"Donations", classifying such expenses by its purpose. The
aggregate number and amount of all items of less than $3,000
may be shown in lieu of details.
- -------------------------------------------------------------------------------------------------------------
NAME OF RECIPIENT PURPOSE OF
DONATION AMOUNT
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Jefferson Pilot Director's Charitable Awards Program $ 475,495
University Wisconsin Athletic Dept 1999 Donation 20,000
Dane County Expo Fifth Year Pledge 20,000
Monona Terrace Convention Center Fifth Year Pledge 20,000
Cedar Valley Habitat for Humanity Co-sponsor Home Construction 19,500
Fifth Season Race 1999 Donation 15,000
Buckets for Hunger 1999 Donation 15,000
Wisc Women's Health Foundation Sponsor Golf Fundraiser 10,000
Hacap Project Share Match 12,271
Operation Fresh Start 1999 Donation 8,149
Fond Du Lac County Economic Dev Assist Fond Du Lac & Ripon Development 7,250
Straus Printing Bill Inserts for Project Care 5,485
Fantasy of Lights Holiday Light Display Sponsorship 5,350
Keokuk Community Schools Softball Field Lighting Program 5,000
Friends of University, Inc Fundraising Support 5,000
Wisc Manufacturers & Commerce Contribution to Liberty Fund 5,000
Columbia County Economic Devel Support Poynette/Arlington Master Plan 5,000
Iowa Committee on Diversity 1999 Sponsorship 5,000
Hope Sponsor 1999 Donation Alzheimers Association 5,000
Besadny Conservation Conservation Grant 2 year Pledge 5,000
Africasong Communications MLK Celebration 5,000
Salvation Army 1999 Donation 5,000
Iowa State University Foundation 1999 Donation 5,000
City of Albert Lea Update City Softball Complex 5,000
Ayco Service Agency Director's Charitable Awards Program 4,798
Clark Forestry Black Locust Control at Muscoda Preserve 4,500
McFarlane Manufacturing Riverland Conservency 4,138
Dubuque Symphony Orchestra Sponsor Arena Pops Concert 4,000
Wisconsin Public Radio Martin Luther King Tribute 3,750
Festival of Trees Mistletoe Magic 1999 3,500
Urban League of Greater Madison Sponsor Hugh Price Breakfast 3,000
Northwest Iowa Hawkeye Bball Camp 1999 Donation 3,000
Hillcrest Lights Festival Holiday Light Display Sponsorship 3,000
Transitional Housing 1999 Donation 3,000
Community Action Coalition Food Pantry Contribution 3,000
Wisconsin History Foundation Sponsor Historical Sites 3,000
Wisconsin Farm Progress 1999 Donation 3,000
Other 744 Invoices 311,379
- -------------------------------------------------------------------------------------------------------------
TOTAL $ 1,045,565
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------
OTHER DEDUCTIONS
ACCOUNT 426.5
- ------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 426.5
"Other Deductions", classifying such expenses according to
their nature.
- ------------------------------------------------------------------------------------------------------------------
DESCRIPTION NAME OF PAYEE AMOUNT
- ------------------------------------------------------------------------------------------------------------------
<S> <C>
Advertising $1,023,560
Life Insurance 639,519
Civic, Political and Related Activities 331,840
Other 178,127
- ------------------------------------------------------------------------------------------------------------------
TOTAL $ 2,173,046
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- --------------------------------------------------------------------------------
SCHEDULE XVIII
NOTES TO STATEMENT OF INCOME
- --------------------------------------------------------------------------------
INSTRUCTIONS: The space below is provided for important notes regarding the
Statement of Income or any account thereof. Furnish particulars as
to any significant increases and services rendered or expenses
incurred during the year. Notes relating to financial statements
shown elsewhere in this report may be indicated here by reference.
- --------------------------------------------------------------------------------
See Schedule XIV - Notes to Financial Statements.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
For the Year Ended December 31, 1999
-----------------
- ------------------------------------------------------------------------------------------------------------------
SCHEDULE XIX FINANCIAL DATA SCHEDULE
- ------------------------------------------------------------------------------------------------------------------
If, at the time an annual report on this form is filed, the registrant is required to submit this report and any
amendments thereto electronically via EDGAR, the registrant shall furnish a Financial Data Schedule. The
Schedule shall set forth the financial and other data specified below that are applicable to the registrant on a
consolidated basis.
- ------------------------------------------------------------------------------------------------------------------
Item No. Caption Heading
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 Net Service Company Property $ 948,645
2 Total Investments 12,087,000
3 Total Current and Accrued Assets 50,473,400
4 Total Deferred Debits 9,605,351
5 Balancing Amount for Total Assets and Other Debits -
6 Total Assets and Other Debits 73,114,396
7 Total Proprietary Capital 1
8 Total Long-Term Debt -
9 Notes Payable -
10 Notes Payable to Associate Companies (2,854,764)
11 Balancing Amount for Total Current and Accrued Liabilities 63,882,482
12 Total Deferred Credits 12,086,677
13 Accumulated Deferred Income Taxes -
14 Total Liabilities and Proprietary Capital 73,114,396
15 Services Rendered to Associate Companies 242,566,385
16 Services Rendered to Nonassociate Companies -
17 Miscellaneous Income or Loss 5,096,674
18 Total Income 247,663,059
19 Salaries and Wages 92,872,297
20 Employee Pensions and Benefits 16,084,167
21 Balancing Amount for Total Expenses 138,706,595
22 Total Expenses 247,663,059
23 Net Income (Loss) -
24 Total Expenses (Direct Costs) 201,868,299
25 Total Expenses (Indirect Costs) 45,794,760
26 Total Expense (Total) $ 247,663,059
27 Number of Personnel End of Year 1,213
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
--------------------------------------------------------
EXECUTIVE ORGANIZATION CHART
Chairman of the Board
+
+
+
Cheif Executive Officer
+
+
+
___________________________________________________________________________________________________________________________________
<S> <C> <C> <C> <C> <C> <C>
+ + + + + + +
+ + + + + + +
+ + + + + + +
Executive Vice Executive Vice Executive Vice + Executive Vice Executive Vice Executive Vice
President - President - Business President - Energy + President and President and President - Corporate
Generation and Development and Delivery and + General Counsel Chief Financial Services and President,
President, President, Alliant President, + +--Officer Alliant Energy
Wisconsin Power Energy Resources, Inc. +--IES Utilities, Inc. + + Corporate Services,Inc.
and Light Co + + +
+ + + + Vice President -
+ + + + Chief Accounting
+ + Senior VP - + +--and Financial
Vice President, + Transmission and----+ + Planning Officer
Performance +--President, Interstate +
Engineering and + Power Company +
Environmental + + Vice President -
+ + Treasurer and
+--Vice President +--Corporate
+ Secretary
+ +
+--Vice President, +
+ Nuclear + Assistant
+ +--Corporate
+ + Secretary
+--Vice President, +
+ Customer Services +
+ and Operations + Assistant
+ +--Corporate
+ + Secretary
+--Vice Persident, +
Engineering, Sales +
and Marketing + Assistant
+--Treasurer
+
+
+ Assistant
+--Treasurer
+
+
+ Assistant
+--Treasurer
</TABLE>
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Methods of Allocation
Ratio Description
1 Units Sold or Transported Ratio
A ratio, based on appropriate Client Company electric, gas, steam or water
units of sale and/or transport, excluding intra-system sales, for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies (and Alliant Energy Corporation's non-utility and foreign
utility company affiliates for which the Service Company provides energy
related services, where applicable). The product-specific units of sales
are domestic kilowatt-hour electric sales, dekatherms of gas sold or
transported , units of water, or units of steam. A separate ratio will be
calculated and used for each utility type (electric, gas, water and steam).
2 Electric Peak Load Ratio
A ratio, based on the sum of the monthly domestic firm electric maximum
system demands, including or excluding interruptible loads, as appropriate,
for the immediately preceding twelve consecutive calendar months, the
numerator of which is for a Client Company and the denominator of which is
for all Client Companies.
3 Number of Customers Ratio
A ratio, based on the sum of the firm domestic electric customers (and/or
gas customers, where applicable) at the end of each month for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies.
4 Number of Employees Ratio
A ratio, based on the sum of the number of employees at the end of each
month for the immediately preceding twelve consecutive calendar months, the
numerator of which is for a Client Company or Service Company Function and
the denominator of which is for all Client Companies (and Alliant Energy
Corporation's non-utility and non-domestic utility affiliates for which the
Service Company provides services, where applicable) and/or the Service
Company.
5 Construction Expenditures Ratio
A ratio, based on construction expenditures for the immediately preceding
twelve consecutive calendar months, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies. To the
extent possible, costs will be segregated by utility type (i.e., electric,
gas, water, steam etc.) as well as by function (i.e., production,
transmission, distribution and general). If any remaining
construction-related costs are common to all utility types, such common
costs will be allocated between utility types and functions based on the
total of all construction expenditures.
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Methods of Allocation
Ratio Description
Continued
6 Circuit Miles of Electric Distribution Lines Ratio
A ratio, based on installed circuit miles of domestic electric distribution
lines at the end of the immediately preceding calendar year, the numerator
of which is for a Client Company and the denominator of which is for all
Client Companies.
7 Number of Meters Ratio
A ratio, based on the sum of the number of installed electric meters
(and/or gas, water or steam meters, where applicable) at the end of each
month for the immediately preceding twelve consecutive calendar months, the
numerator of which is for a Client Company and the denominator of which is
for all Client Companies. A separate ratio will be calculated and used for
each utility type (i.e. electric, gas, water, steam etc.).
8 Total Assets Ratio
A ratio, based on the sum of the total assets at the end of each month for
the immediately preceding twelve consecutive calendar months, the numerator
of which is for a Client Company and the denominator of which is for all
Client Companies (and Alliant Energy Corporation's non-utility and
non-domestic utility affiliates for which the Service Company provides
services, where applicable.)
9 Circuit Miles of Electric Transmission Lines Ratio
A ratio, based on installed circuit miles of electric transmission lines at
the end of the immediately preceding calendar year, the numerator of which
is for a Client Company and the denominator of which is for all Client
Companies.
10 Number of Central Processing Unit Seconds Ratio
A ratio, based on the number of central processing unit seconds expended to
execute mainframe computer software applications for the immediately
preceding twelve consecutive calendar months, the numerator of which is for
a Client Company or Service Company Function, and the denominator of which
is for all Client Companies, (and Alliant Energy Corporation's non-utility
and non-domestic utility affiliates, where applicable) and/or the Service
Company.
11 Gross Plant Ratio
A ratio, based on the sum of direct plant at the end of each month for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies (and Alliant Energy Corporation's non-utility and
non-domestic utility affiliates, where applicable).
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Methods of Allocation
Ratio Description
Continued:
12 Materials, Supplies and Services Ratio
A ratio, based on the sum of materials, supplies and services, either
issued from inventory or directly purchased, for the immediately preceding
twelve consecutive calendar months, the numerator of which is for a Client
Company, or function, and the denominator of which is for all Client
Companies (and Alliant Energy Corporation's non-utility and non-domestic
utility affiliates for which the Service Company provides services, where
applicable) and/or the Service Company.
13 Tons of Coal Burned Ratio
A ratio, based on the tons of coal burned for the immediately preceding
twelve consecutive calendar months, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies.
14 Gallons of Oil Burned Ratio
A ratio, based on the gallons of oil burned for the immediately preceding
twelve consecutive calendar months, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies.
15 Dekatherms of Gas Ratio
A ratio, based on the dekatherms of gas purchased for the immediately
preceding twelve consecutive calendar months, the numerator of which is for
a Client Company and the denominator of which is for all Client Companies.
16 MCF Peak Load Ratio
A ratio, based on the sum of the monthly gas maximum system demands,
including or excluding interruptible loads, as appropriate, for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies.
17 Feet of Gas Line Ratio
A ratio, based on installed footage of gas lines at the end of the
immediately preceding calendar year, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies.
18 Feet of Steam Distribution Lines Ratio
A ratio, based on installed footage of steam lines at the end of the
immediately preceding calendar year, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies.
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Methods of Allocation
Ratio Description
Continued:
19 Steam Peak Load Ratio
A ratio, based on the sum of the monthly steam maximum system demands,
including or excluding interruptible loads, as appropriate, for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies.
20 Feet of Water Distribution Lines Ratio
A ratio, based on installed footage of water lines at the end of the
immediately preceding calendar year, the numerator of which is for a Client
Company and the denominator of which is for all Client Companies.
21 Water Peak Load Ratio
A ratio, based on the sum of the monthly water maximum system demands,
including or excluding interruptible loads, as appropriate, for the
immediately preceding twelve consecutive calendar months, the numerator of
which is for a Client Company and the denominator of which is for all
Client Companies.
22 Number of Bills Ratio
A ratio, based on the sum of the number of monthly bills issued, for the
immediately preceding twelve calendar months, the numerator of which is for
a Client Company and the denominator of which is for all Client Companies.
23 General Ratio
A ratio based on the sum of all Service Company expenses directly assigned
or allocated, based on allocators other than this "General Ratio" to Client
Companies (excluding fuel, gas, purchased power and the cost of goods sold)
for the immediately preceding twelve consecutive calendar months, the
numerator of which is for a Client Company or Function and the denominator
of which is for all Client Companies (and Alliant Energy Corporation's
non-utility and non-domestic utility affiliates, where applicable) and/or
the Service Company. As used herein, "cost of goods sold" represents
materials that are resold to the ultimate consumer.
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Annual Statement of Compensation for Use of Capital Billed
The following annual statement was supplied to each associate company in support
of the amount of compensation for use of capital billed during 1999.
In accordance with Instruction 01-12 of the Securities and Exchange Commission's
Uniform System of of Accounts for Mutual Service Companies and Subsidiary
Service Companies, Alliant Energy Corporate Services, Inc. submits the following
information on the billing of interest on borrowed funds to associate companies
for the year 1999:
A. Amount of interest billed to associate companies is contained on page 25,
Analysis of Billing, as part of the direct costs charged.
B. The basis for billing of interest to the associate companies is based on
the daily outstanding balance of all loans outstanding during the month.
<PAGE>
ANNUAL REPORT OF ALLIANT ENERGY CORPORATE SERVICES, INC.
---------------------------------------
Signature Clause
Pursuant to the requirements of the Public Utility Holding Company Act of 1935
and the rules and regulations of the Securities and Exchange Commission issued
thereunder, the undersigned company has duly caused this report to be signed on
its behalf by the undersigned officer thereunto duly authorized.
Alliant Energy Corporate Services, Inc.
------------------------------------------------
(Name of Reporting Company)
By:/s/ Daniel A. Doyle
------------------------------------------------
(Signature of Signing Officer)
Daniel A. Doyle, Vice President-Chief Accounting
and Financial Planning Officer
------------------------------------------------
(Printed Name and Title of Signing Officer)
Date: April 26, 2000
------------------------------
<TABLE> <S> <C>
<ARTICLE> OPUR2
<CIK> 0001081997
<NAME> Alliant Energy Corporate Services, Inc.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<NET-SERVICE-COMPANY-PROPERTY> 948,645
<TOTAL-INVESTMENTS> 12,087,000
<TOTAL-CURRENT-ASSETS> 50,473,400
<TOTAL-DEFERRED-DEBITS> 9,605,351
<OTHER-ASSETS-AND-DEBITS> 0
<TOTAL-ASSETS-AND-DEBITS> 73,114,396
<TOTAL-PROPRIETARY-CAPITAL> 1
<TOTAL-LONG-TERM-DEBT> 0
<NOTES-PAYABLE> 0
<NOTES-PAYABLE-ASSOCIATE-COMP> (2,854,764)
<OTHER-CURR-AND-ACCRUED-LIAB> 63,882,482
<TOTAL-DEFERRED-CREDITS> 12,086,677
<DEFERRED-INCOME-TAX> 0
<TOT-LIABIL-AND-PROPRIET-CAP> 73,114,396
<SERVICES-ASSOCIATE-COMPANIES> 242,566,385
<SERVICES-NON-ASSOCIATE-COMP> 0
<MISC-INCOME-OR-LOSS> 5,096,674
<TOTAL-INCOME> 247,663,059
<SALARIES-AND-WAGES> 92,872,297
<EMPLOYEE-PENSION-AND-BENEFIT> 16,084,167
<OTHER-EXPENSES> 138,706,595
<TOTAL-EXPENSES> 247,663,059
<NET-INCOME> 0
<TOTAL-EXPENSES-DIRECT-COST> 201,868,299
<TOTAL-EXPENSES-INDIRECT-COST> 45,794,760
<TOT-EXP-DIRECT-AND-INDIRECT> 247,663,059
<PERSONNEL-END-OF-YEAR> 1,213
</TABLE>
