August 28, 2000
Securities and Exchange Commission
6432 General Green Way
Alexandria, VA 23212-2413
Gentlemen:
We are transmitting herewith the Statement of Vectren
Corporation and Southern Indiana Gas and Electric Company on
Form U-3A-2.
Sincerely,
<PAGE>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-3A-2
Statement by Holding Company Claiming Exemption Under Rule U-
3A-2 from the Provisions of the Public Utility Holding
Company Act of 1935 To Be Filed Annually Prior to March 1
VECTREN CORPORATION
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
hereby file with the Securities and Exchange Commission,
pursuant to Rule 2, their statement claiming exemption as
holding companies from the provisions of the Public Utility
Holding Company Act of 1935, and submit the following
information:
1. Name, State of organization, location and nature of
business of claimant and every subsidiary thereof.
Vectren Corporation ("Vectren") is an Indiana
corporation with its principal offices in Evansville,
Indiana. Vectren was formed on March 31, 2000 by the
combination of Indiana Energy, Inc. and SIGCORP, Inc.
Claimant is a "holding company" (as such term is defined by
the Act), owning all of the issued and outstanding shares of
common stock of Indiana Gas Company, Inc. ("Indiana Gas")
and Southern Indiana Gas and Electric Company ("SIGECO")
and, through SIGECO, 33% of the outstanding shares of common
stock of Community Natural Gas Company, Inc. ("Community").
Indiana Gas is an Indiana corporation engaged in the
business of supplying gas service at retail, including
transportation, to ultimate consumers, all within the state
of Indiana. Indiana Gas is a "subsidiary company" of Vectren
and is also a "gas utility company" and a "public utility
company" (as such terms are defined by the Act).
SIGECO is an Indiana corporation which is engaged in
the generation, transmission, distribution and sale of
electricity and the purchase, transportation, distribution
and sale of natural gas in southwestern Indiana. SIGECO
owns approximately 33% of the outstanding common stock of
Community, an Indiana corporation that is a small Indiana
gas distribution company with offices in Mt. Carmel,
Illinois. SIGECO is a "subsidiary company" of Vectren and
is also a "gas utility company," an "electric utility
company" and a "public utility company." Community is a
"subsidiary company" of SIGECO and is also a "gas utility
company" and a "public utility company." SIGECO is a
holding company by reason of its ownership of 33% of the
outstanding common stock of Community.
Vectren also owns the following nonutility
subsidiaries:
Vectren Utility Holdings, Inc. is a nonjurisdictional
holding company that provides environmental and other
services to Vectren's utility companies.
Vectren Generation Services, Inc. is an intermediate
holding company under Vectren for Southern Indiana Minerals,
Inc. and Vectren Fuels, Inc.
Southern Indiana Minerals, Inc. processes and markets
coal combustion by-products.
Vectren Fuels, Inc owns and operates coal mining
properties, including a one-hundred percent (100%) ownership
interest in Cypress Creek Mine, Inc., Prosperity Mine, LLC
and Cypress Creek Mine, LLC and a ninety-nine percent (99%)
ownership interest in SFI Coal Sales, LLC.
Vectren Foundation, Inc. is a non-profit corporation
under Vectren, which makes contributions to organizations
and communities in which Vectren provides utility services.
Vectren Resources, LLC primarily provides information
technology resources to Vectren and its subsidiaries.
Vectren Capital Corp., and its direct subsidiary, IEI
Capital Corp., are financing vehicles for Vectren's non-
regulated subsidiaries.
Vectren Enterprises, Inc. is a intermediate holding
company for five non-regulated businesses: Vectren
Communications, Inc., Vectren Energy Services, Inc., Vectren
Financial Group, Inc., Vectren Utility Services, Inc. and
Vectren Ventures, Inc.
Vectren Communications, Inc. is a holding company for
SIGCORP Communications Services, Inc., which conducts
communications-related strategic initiatives.
SIGECO Advanced Communications, Inc. holds Vectren's
investment in SIGECOM, Inc. and Utilicom Networks, LLC.
Utilicom Networks, LLC is a joint venture between Advanced
Communications, Inc. and Utilicom Networks, Inc., which
markets and provides enhanced communications services over a
high-capacity fiber-optic network in SIGECO's service
territory.
Vectren Energy Services, Inc. is an intermediate
holding company for Vectren Energy Solutions, Inc., which
holds a one-hundred percent (100%) interest in SIGCORP
Energy Services, Inc., Energy Systems Group, Inc., Vectren
Environmental Services, Inc., Indiana Energy Services, Inc.
(dormant) and SIGCORP Power Marketing, Inc. (dormant), and a
fifty percent (50%) ownership interest in ProLiance Energy,
LLC.
SIGCORP Energy Services, Inc. has a ninety-nine percent
(99%) ownership interest in SIGCORP Energy Services, LLC,
which provides natural gas, pipeline management and other
natural gas related services, through its ownership interest
in SIGCORP Gas Marketing, LLC, Ohio Valley Hub, LLC and
Signature Energy Management, LLC.
Energy Systems Group, Inc. has a two-thirds ownership
interest in Energy Systems Group, LLC, an energy-related
performance contracting firm serving industrial and
commercial customers.
Vectren Environmental Services, Inc. holds a fifty-one
percent (51%) ownership interest in Air Quality Services,
LLC, a joint venture created to provide air quality
monitoring and testing services to industry and utilities.
ProLiance Energy, LLC provides gas and power to more
than 1,000 commercial, industrial, municipal, residential
and utility customers.
Vectren Financial Group, Inc. is an intermediate
holding company for the following entities: Southern Indiana
Properties, Inc., Vectren Synfuels, Inc. and Energy Realty,
Inc.
Southern Indiana Properties, Inc. makes investments in
real estate, which include: SIP-GT I, Inc., Southwest Lease
Capital, Inc., Southern Indiana Joint Ventures, Inc., MCN
Equities, Inc. and Joint Ventures Affiliated, Inc.
Vectren Synfuels, Inc. owns a limited partnership in
Pace Carbon Synfuels Investors, L.P., which produces and
sells coal-based synthetic fuel that qualifies for federal
tax credits.
Energy Realty, Inc. invests in real estate and
affordable housing, including a ninety-eight percent (98%)
ownership interest in BCI Holding Co., LLC.
Vectren Utility Services, Inc. holds investments in non-
regulated subsidiaries which provide various services to
Vectren, and include Reliant Services, LLC, CIGMA, LLC, IEI
Financial Services, LLC and Utility Debt Collectors, Inc.
(dormant).
Reliant Services, LLC is an underground locating,
construction and meter reading company.
CIGMA, LLC is a regional supplier of materials and
integrated supply solutions to the energy market and related
industries.
IEI Financial Services, LLC performs third-party
collections, energy-related equipment leasing and related
services.
Vectren Ventures, Inc. invests in energy-related
companies and projects and holds the remainder one percent
(1%) interests in Vectren Resources, LLC, SIGCORP Energy
Services, LLC and IEI Financial Services, LLC.
2. A brief description of the properties of claimant and
each of its subsidiary public utility companies used
for the production, transmission and distribution of
natural or manufactured gas, indicating the location of
principal transmission lines, producing fields, gas
manufacturing plants and gas distribution facilities,
including all such properties which are outside the
State in which claimant and its subsidiaries are
organized and all transmission or pipelines which
deliver or receive gas at the borders of such State.
At the date of the filing of this Statement, Vectren
has no real properties and is solely a holding company
owning all of the issued and outstanding shares of common
stock of its subsidiary companies.
The properties of Indiana Gas used for the production,
storage and distribution of gas are located solely within
the state of Indiana except for pipeline facilities
extending from points in northern Kentucky to points in
southern Indiana by means of which gas is transported to
Indiana for sale or transportation by Indiana Gas to
ultimate customers in Indiana. At December 31, 1999, these
included approximately 10,948 miles of distribution mains;
512,351 meters, five reservoirs for underground storage of
purchased gas with approximately 71,484 acres of land owned
and/or held under storage easements with 7,310,173 Dth of
gas in storage providing a daily deliverability capacity of
134,160 Dth. Indiana Gas has four liquefied petroleum air
gas manufacturing plants with a total daily capacity of
32,700 Dth of gas. These properties are used by Indiana Gas
in its gas operations in which gas is supplied to
approximately 502,000 consumers in 311 communities in 49 of
the 92 counties in the state of Indiana. The largest
communities served are Muncie, Anderson, Lafayette-West
Lafayette, Bloomington, Terre Haute, Marion, New Albany,
Columbus, Jeffersonville, New Castle and Richmond. While
Indiana Gas does not serve in Indianapolis, it does serve
the counties and communities which border that city.
Effective April 1, 1996, Indiana Gas purchases all of
its natural gas from ProLiance. Gas is transported to
Indiana Gas' system by interstate pipeline suppliers under
Federal Energy Regulatory Commission approved rate
schedules.
The principal generating facilities of SIGECO include
the Culley Station with 406,000 kW of capacity and Warrick
Unit No. 4 with 135,000 kW of capacity, both located in
Warrick County near Yankeetown, Indiana; and the A.B. Brown
Station with 500,000 kW of capacity, located in Posey County
about eight miles east of Mt. Vernon, Indiana. These
facilities include six coal-fired generating units and have
a combined generating capacity of 1,041,000 kW. SIGECO's
Broadway Gas Turbine Units, with a capacity of 115,000 kW,
are located in Evansville, Vanderburgh County, Indiana. This
generating facility is equipped to burn oil and/or natural
gas. These units generally are used only for reserve,
peaking or emergency purposes due to the higher unit cost
per kilowatt hour of generation when using oil or gas as
fuel. SIGECO's Brown Gas Turbine I, with capacity of 80,000
kW, is located at the A. B. Brown Station. The unit is
fueled by natural gas, although fuel oil can also be used if
gas is unavailable. The main function of the gas turbine is
to generate adequate power during times of peak demand.
However, it is also used to assist in maintaining voltage
support on the west end of the system, and can be used
to"black start" the Brown plant if a catastrophe should
cause a partial or total system blackout. SIGECO also owns
two gas fired turbine generating units with a capacity of
20,000 kW, which are used for peaking and emergency purposes
only. These units are known as the Northeast Gas Turbine
Units and are located northeast of Evansville, in
Vanderburgh County, Indiana.
SIGECO's transmission system consists of 823 circuit
miles of 138,000 and 69,000 volt lines. The transmission
system also includes 26 substations with an installed
capacity of 3,897,700 kilovolt amperes. The electric
distribution system includes 3,188 pole miles of lower
voltage overhead lines and 211 trench miles of conduit
containing 1,271 miles of underground distribution cables.
The distribution system also includes 96 distribution
substations with an installed capacity of 2,001,384 kilovolt
amperes and 48,651 distribution transformers with an
installed capacity of 2,159,957 kilovolt amperes. SIGECO
owns and operates three underground gas storage fields with
an estimated ready delivery from storage capability of 3.8
billion cubic feet of gas. The Oliver Field, in service
since 1954, is located in Posey County, Indiana, about 13
miles west of Evansville; the Midway Field, in service since
1966, is located in Spencer County, Indiana, about 20 miles
east of Evansville near Richland, Indiana; and, the Monroe
City Field, in service since 1958,is located 10 miles east
of Vincennes, Indiana.
SIGECO's gas transmission system includes 142 miles of
transmission mains, and the gas distribution system includes
2,845 miles of distribution mains. The only utility property
SIGECO owns outside of Indiana is approximately eight miles
of 138,000 voltelectric transmission line which is located
in Kentucky and which interconnects with Louisville Gas and
Electric Company's transmission system at Cloverport,
Kentucky.
Community is a small gas utility that has several
noncontiguous service territories in southwestern Indiana.
Much of its service territory is adjacent to or near the gas
service territory of SIGECO. Community has 6,899 natural gas
customers consisting of residential, commercial, industrial
and public authority classes of service. Its gas
distribution system includes approximately 484 miles of
distribution mains. Community has no underground gas storage
facilities.
3. The following information for the last calendar year
with respect to Claimant and each of its subsidiary
public utility companies:
Indiana Gas:
(a) Number of Dth of gas distributed at retail:
Dekatherms (Dth) of gas distributed at retail
within the state of Indiana by Indiana Gas for
sales and transportation during calendar year 1999
and the associated revenues therewith were as
follows:
Dth Revenues
Sales 66,983,000 $406,310,000
Transportation 51,878,000 25,051,000
Total 118,861,000 $431,361,000
(b) Number of Dth of gas distributed at retail
outside the State in which each such company is
organized:
None
(c) Number of Dth of gas sold at wholesale
outside the State in which each such company is
organized, or at the State line:
None
(d) Number of Dth of gas purchased outside the
State in which each such company is organized or
at the State line:
None
SIGECO
(a) Number of kWh of electric energy sold (at retail
or wholesale) and number of Dth of gas distributed
at retail:
For the year ended December 31, 1999, SIGECO's
retail and wholesale electric sales totaled
6,940,715,024 kWh, while its retail and
transported gas sales totaled 31,849,973 Dth.
(b) Number of kWh of electric energy and Dth of
gas distributed at retail outside the State in
which each such company is organized:
None
(c) Number of kWh of electric energy and Dth of
gas sold at wholesale outside the State in which
each such company is organized, or at the State
line:
For this same period, SIGECO had wholesale
electric sales of 341,952,000 kWh to utilities and
power marketers located outside the state of
Indiana. SIGECO had no wholesale natural gas
sales outside of Indiana, or at the state line.
(d) Number of Dth of gas purchased outside the
State in which each such company is organized or
at the State line:
During 1999, SIGECO purchased 426,219,000 kWh of
power from utilities and power marketers located
outside the state of Indiana. For the year ended
December 31, 1999, SIGECO's retail natural gas
sales totaled 12,269,892 Dth and 19,580,081 Dth of
natural gas was transported for end users for a
total natural gas sold and transported of
31,849,973 Dth, all of which was distributed
within the State of Indiana.
During 1999, SIGECO purchased for its system
supply 12,574,928 Dth of natural gas, 100% of its
requirements, from 36 natural gas suppliers. For
the year ended December 31, 1999, Community's
retail gas sales totaled 895,681 Dth, and no
natural gas was transported for end users
resulting in a total gas sold and transported of
895,681 Dth, all of which was distributed within
the State of Indiana. For this same period,
Community had no wholesale natural gas sales.
During 1998,Community received for its system
supply 932,091 Dth of natural gas from its four
traditional pipeline suppliers, Texas Gas
Transmission Corporation, Texas Eastern
Corporation, ANR Pipeline and Midwestern Gas. The
gas purchased for its system was purchased through
a broker.
4. The following information for the reporting period with
respect to claimant and each interest it holds directly
or indirectly in a EWG or a foreign utility company.
Not applicable to claimant.
Exhibit A
A consolidating statement of income of Vectren and
subsidiaries for the calendar year 1999, together with a
consolidating balance sheet of Vectren and subsidiary
companies, as of the close of such calendar year, are
annexed hereto as Exhibit A.
Exhibit B
See the Financial Data Schedule filed herewith as
Exhibit B
In SIGCORP's 1999 filing, Exhibit B was selected data
(total assets, revenues, net income).
Exhibit C
Inapplicable to claimant.
The above named Claimant has caused this statement to
be duly executed on its behalf by its authorized officer on
this 28th day of August, 2000.
VECTREN CORPORATION
(Name of Claimant)
By /s/ Ronald E. Christian
Ronald E. Christian
Senior Vice President,
General Counsel and
Secretary
Vectren Corporation
Attest:
/s/
Name, title and address of officer to whom notices and
correspondence concerning this statement should be
addressed:
Ronald E. Christian
Senior Vice President, General Counsel
and Secretary
Vectren Corporation
Post Office Box 209
Evansville, Indiana 47702-0209
<TABLE>
Exhibit A
Page 1 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
SIGECO Indiana SIPI ESGI SESI
Gas
<S> <C> <C> <C> <C> <C>
ASSETS
Utility Plant at cost:
Electric 1,200,453 0 0 0 0
Gas 162,075 1,005,304 0 0 0
Accumulated Depreciation (623,611) (407,887) 0 0 0
Investment in
partnerships 0 0 18,476 0 0
Investments in leveraged
leases 0 0 85,737 0 0
Nonutility property &
other 1,627 0 4,106 565 602
Notes Receivable 32,271
Cash and cash equivalents 449 353 8,069 3,914 1,767
Temporary Investments 0 0 903 0 0
Receivables, net 34,780 40,079 3,544 3,872 30,419
Accrued unbilled revenues 18,736 36,634 0 0 0
Notes receivable from
assoc. co. 1,113 0 408 0 3,578
Fuel (coal and oil) 12,229 0 0 0 0
Materials and supplies 13,355 0 0 0 0
Allowance Inventory 4,437 0 0 0 0
Liquefied petroleum gas 0 815 0 0 0
Gas in underground
storage 11,441 12,716 0 0 2,496
Prepaid gas delivery
services 0 20,937 0 0 0
Other current assets 9,572 12,358 609 283 683
Unamortized prem. On
reacq. Debt 3,937 11,906 0 0 0
Postretire. ben. oblig.
oth. than pension 1,234 0 0 0 0
Demand Side Management 25,298
Other deferred charges 17,112 6,655 616 936 0
894,237 739,870 154,739 9,570 39,545
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 2 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
IEI Vectren Vectren Vectren
Financial Capital Fuels, Advanced
Svcs, LLC Corp. Inc. SCSI Comm.
ASSETS Inc.
<S> <C> <C> <C> <C> <C>
Utility Plant at cost:
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Accumulated Depreciation 0 0 0 0 0
Investment in Partnerships 0 35 (2) 0 16,051
Investments in leveraged
leases 0 0 0 0 0
Nonutility property & other 178 0 12,392 770 5
Note Receivable
Cash and cash equivalents 82 (354) 86 157 18
Temporary Investments 0 0 0 0 0
Receivables, net 78 340 524 5,607 7,324
Accrued unbilled revenues 0 0 0 0 0
Notes receivable from assoc. 82 143,239 0 167 0
co.
Fuel (coal and oil) 0 0 595 0 0
Materials and supplies 0 0 0 661 0
Allowance Inventory 0 0 0 0 0
Liquefied petroleum gas 0 0 0 0 0
Gas in underground storage 0 0 0 0 0
Prepaid gas delivery
services 0 0 0 0 0
Other current assets 2 0 30 67 0
Unamortized prem. on reacq.
debt 0 0 0 0 0
Postretire ben oblig oth
than pension 0 0 0 0 0
Demand Side Management
Other deferred charges 979 0 397 0 0
1,401 143,260 14,022 7,429 23,398
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 3 of 15
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren
Vectren Vectren Enterprises,
Corporate SIMI Resources Inc.
ASSETS
<S> <C> <C> <C> <C>
Utility Plant at cost:
Electric 0 0 0 0
Gas 0 0 0 0
Accumulated Depreciation 0 0 0 0
Investment in Partnerships 707,995 0 0 33,571
Investments in leveraged
leases 0 0 0 0
Nonutility property & other 498 404 43,288 17
Notes Receivable
Cash and cash equivalents 2,372 73 (229) (4,448)
Temporary investments 0 0 0 0
Receivables, net 969 3 3,867 79
Accrued unbilled revenues 0 0 0 0
Notes receivable from assoc.
co. 48 0 0 1,052
Fuel (coal and oil) 0 0 0 0
Materials and supplies 0 118 0 0
Allowance Inventory 0 0 0 0
Liquefied petroleum gas 0 0 0 0
Gas in underground storage 0 0 0 0
Prepaid gas delivery services 0 0 0 0
Other current assets 6,356 43 (449) 103
Unamortized prem. on reacq.
debt 0 0 0 0
Postretire ben. Oblig. oth.
than pension 0 0 0 0
Demand Side Management
Other deferred charges 9,978 412 739 0
728,216 1,053 47,216 30,374
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 4 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Energy Indiana Vectren IEI
Vectren Realty, Energy Financial Synfuels
Ventures Inc. Services Group Inc.
ASSETS Inc. Inc.
<S> <C> ,c> <C> <C> <C>
Utility Plant at cost:
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Accumulated Depreciation 0 0 0 0 0
Investment in Partnerships 28,071 5,810 0 11,035 6,260
Investments in leveraged
leases 0 0 0 0 0
Nonutility property &
other 21 0 0 0 0
Notes Receivable
Cash and cash equivalents 5,343 (54) 1 181 (443)
Temporary investments 0 0 0 0 0
Receivables, net 1,254 285 0 0 271
Accrued unbilled revenues 0 0 0 0 0
Notes receivable from
assoc. co. 0 0 0 0 0
Fuel (coal and oil) 0 0 0 0 0
Materials and supplies 0 0 0 0 0
Allowance Inventory 0 0 0 0 0
Liquefied petroleum gas 0 0 0 0 0
Gas in underground storage 0 0 0 0 0
Prepaid gas delivery
services 0 0 0 0 0
Other current assets 0 15 0 0 0
Unamortized prem. on
reacq. Debt 0 0 0 0 0
Postretire ben. Oblig.
oth. than pension 0 0 0 0 0
Demand Side Management
Other deferred charges 0 24 0 0 77
34,689 6,080 1 11,216 6,165
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 5 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren Adjustments &
Eliminations
Environ- Debits Credits Total
mental
ASSETS
<S> <C> <C> <C> <C>
Utility Plant at cost:
Electric 0 0 0 1,200,453
Gas 0 0 0 1,167,379
Accumulated Depreciation 0 0 0 (1,031,498)
Investment in 195 0 752,853 74,644
Partnerships
Investments in leveraged
leases 0 0 0 85,737
Nonutility property &
other 0 0 0 64,473
Notes Receivable 0 0 0 32,271
Cash and cash equivalents 14 0 0 17,351
Temporary investments 0 0 0 903
Receivables, net 0 0 9,683 123,612
Accrued unbilled revenues 0 0 0 55,370
Notes receivable from
assoc. co. 50 0 149,737 0
Fuel (coal and oil) 0 0 0 12,824
Materials and supplies 0 0 0 14,134
Allowance Inventory 0 0 0 4,437
Liquefied petroleum gas 0 0 0 815
Gas in underground
storage 0 0 0 26,653
Prepaid gas delivery
services 0 0 0 20,937
Other current assets 0 0 0 29,672
Unamortized prem. on
reacq. debt 0 0 0 15,843
Postretire ben oblig oth
than pension 0 0 0 1,234
Demand Side Management 25,298
Other deferred charges 0 0 0 37,925
259 0 912,273 1,980,467
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 6 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Indiana
SIGECO Gas SIPI ESGI SESI
SHAREHOLDERS' EQUITY AND LIABILITIES
<S> <C> <C> <C> <C> <C>
Common Stock 78,258 142,995 1,000 1 9,092
Additional paid-in capital 0 0 24,900 1,999 0
Unearned comp. - restr. Stock
grants 0 0 0 0 0
Retained Earnings 255,790 105,627 2,066 1,333 1,154
Minority Interest 0 0 0 916 0
Cumulative preferred stock 18,590 0 0 0 0
mulative special preferred
Cu stock 692 0 0 0 0
Long-term debt less current 238,283 211,849 0 0 0
mat.
Long-term Partnership
Obligations 0 0 249 0 0
Current por. of adj. rate p.
c. bonds 53,700 0 0 0 0
Notes payable 22,881 82,172 0 0 0
Maturing long-term debt 0 0 0 0 0
Maturing Partnership 0 0 596 0 0
Obligations
Accounts payable 28,555 37,111 89 3,156 27,987
Notes payable to Assoc.
Company 4 0 94,064 0 694
Dividends payable 117 0 0 0 0
Accrued taxes 8,408 16,208 0 78 34
Accrued interest 6,012 5,252 0 0 0
Refunds to customers 5,375 22,021 0 0 0
Other accrued liabilities 22,706 12,697 299 1,554 584
Accumulated deferred income 122,976 61,061 31,476 0 0
taxes
Accumulated deferred ITC 17,372 8,152 0 0 0
Post-retire. Ben. oblig. oth. 12,041 28,474 0 0 0
than pensions
Other 2,477 6,251 0 533 0
894,237 739,870 154,739 9,570 39,545
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 7 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
IEI Vectren Vectren Vectren
Financial Capital Fuels, SCSI Advanced
Svcs, LLC Corp. Inc. Comm.
SHAREHOLDERS' EQUITY AND LIABILITIES Inc.
<S> <C> <C> <C> <C> <C>
Common Stock 0 11 1 501 0
Additional paid-in capital 1,500 0 0 0 16,155
Unearned comp. - restr. 0 0 0 0 0
Stock grants
Retained Earnings (177) 122 100 38 125
Minority Interest 0 0 0 0 0
Cumulative preferred stock 0 0 0 0 0
Cumulative special
preferred stock 0 0 0 0 0
Long-term debt less
current mat. 0 35,000 0 0 0
Long-term Partnership 0 0 0 0 0
Obligations
Current por. of adj. rate 0 0 0 0 0
p. c. bonds
Notes payable 0 103,671 0 47 0
Maturing long-term debt 0 0 0 0 0
Maturing Partnership 0 0 0 0 0
Obligations
Accounts payable 44 23 1,014 2,954 12
Notes payable to Assoc.
Company 0 3,577 11,983 3,816 7,103
Dividends payable 0 0 0 0 0
Accrued taxes 0 0 161 58 3
Accrued interest 0 809 0 0 0
Refunds to customers 0 0 0 0 0
Other accrued liabilities 35 46 763 15 0
Accumulated deferred 0 0 0 0 0
income taxes
Accumulated deferred ITC 0 0 0 0 0
Post-retire. ben. oblig.
oth. than pensions 0 0 0 0 0
Other (1) 1 0 0 0
1,401 143,260 14,022 7,429 23,398
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 8 of 15
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren Vectren Vectren
Corporate SIMI Resources Enterprises
Inc.
SHAREHOLDERS' EQUITY AND LIABILITIES
<S> <C> <C> <C> <C>
Common Stock 217,462 4,417 0 1
Additional paid-in capital 0 0 32,372 4,179
Unearned comp. - restr.
Stock grants (1,545) 0 0 0
Retained Earnings 493,840 (4,361) 1,745 28,405
Minority Interest 0 0 0 0
Cumulative preferred stock 0 0 0 0
Cumulative special preferred
stock 0 0 0 0
Long-term debt less current
mat. (1) 0 0 0
Long-term Partnership
Obligations 0 0 0 0
Current por. of adj. rate p.
c. bonds 0 0 0 0
Notes payable 1,499 0 11,275 0
Maturing long-term debt 0 0 0 0
Maturing Partnership
Obligations 0 0 0 0
Accounts payable 2,862 14 380 55
Notes payable to Assoc.
Company 10,201 0 31 0
Dividends payable 0 0 0 0
Accrued taxes 18 8 280 1
Accrued interest 0 0 0 0
Refunds to customers 0 0 0 0
Other accrued liabilities 678 975 790 (2,378)
Accumulated deferred income
taxes 7 0 0 0
Accumulated deferred ITC 0 0 0 0
Post-retire. ben. oblig.
oth. than pensions 146 0 273 8
Other 3046 0 70 106
728,213 1,053 47,216 30,377
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 9 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Energy Indiana Vectren IEI
Vectren Realty, Energy Financial Synfuels
Ventures Inc. Services, Group Inc.
SHAREHOLDERS' EQUITY AND LIABILITIES Inc. Inc.
<S> <C> <C> <C> <C> <C>
Common Stock 1 1 1 1 1
Additional paid-in
capital 4,363 0 0 7,526 6,682
Unearned comp. - restr.
Stock grants 0 0 0 0 0
Retained Earnings 23,387 2,425 0 (623) (518)
Minority Interest 0 0 0 0 0
Cumulative preferred
stock 0 0 0 0 0
Cumulative special 0 0 0 0 0
preferred stock
Long-term debt less
current mat. 0 1,346 0 0 0
Long-term Partnership
Obligations 0 0 0 0 0
Current por. of adj.
rate p. c. bonds 0 0 0 0 0
Notes payable 0 1,500 0 4,150 0
Maturing long-term debt 0 180 0 0 0
Maturing Partnership
Obligations 0 0 0 0 0
Accounts payable 1,140 6 0 4 0
Notes payable to Assoc.
Company 0 4 0 0 0
Dividends payable 0 0 0 0 0
Accrued taxes 0 34 0 0 0
Accrued interest 0 24 0 0 0
Refunds to customers 0 0 0 0 0
Other accrued
liabilities 5,822 376 0 158 0
Accumulated deferred
income taxes 0 0 0 0 0
Accumulated deferred
ITC 0 0 0 0 0
Post-retire. ben.
oblig. oth. than
pensions 0 0 0 0 0
Other (24) 184 0 0 0
34,689 6,080 1 11,216 6,165
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 10 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Adjustments &
Eliminations
Vectren
Env. Debits Credits Total
SHAREHOLDERS' EQUITY AND
LIABILITIES
<S> <C> <C> <C> <C>
Common Stock 1 236,283 0 217,462
Additional paid-in capital 352 98,528 0 1,500
Unearned comp. - restr. Stock
grants 0 0 0 (1,545)
Retained Earnings (94) 422,499 4,455 492,340
Minority Interest 0 0 0 916
Cumulative preferred stock 0 0 0 18,590
Cumulative special preferred stock 0 0 0 692
Long-term debt less current mat. 0 0 0 486,477
Long-term Partnership Obligations 0 0 0 249
Current por. of adj. rate p. c.
bonds 0 0 0 53,700
Notes payable 0 19,557 0 207,638
Maturing long-term debt 0 0 0 180
Maturing Partnership Obligations 0 0 0 596
Accounts payable 0 9,696 0 95,710
Notes payable to Assoc. Company 0 131,518 40 0
Dividends payable 0 0 0 117
Accrued taxes 0 522 1,833 26,602
Accrued interest 0 0 0 12,097
Refunds to customers 0 0 0 27,396
Other accrued liabilities 0 0 4,347 49,467
Accumulated deferred income taxes 0 0 0 215,520
Accumulated deferred ITC 0 0 0 25,524
Post-retire. ben. oblig. oth. than
pensions 0 0 0 40,942
Other 0 4,346 0 8,297
259 922,949 10,675 1,980,467
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 11 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Indiana
SIGECO Gas SIPI SIMI ESGI
INCOME STATEMENT
<S> <C> <C> <C> <C> <C>
Operating Revenues
Electric (307,569) 0 0 0 0
Gas (68,212) (431,361) 0 0 0
Energy services 0 0 0 0 0
Other 0 0 (1,039) (20) (31,110)
Fuel for electric 72,155 0 0 0 0
generation
Purchased electric energy 20,791 0 0 0 0
Cost of gas sold 39,612 226,817 0 0 0
Cost of energy services
revenues 0 0 0 0 0
Cost of other revenues 0 0 594 178 23,725
Other operation expenses 61,108 82,256 625 994 4,307
Maintenance 34,551 9,573 0 91 55
Depreciation and 44,868 34,585 138 82 177
amortization
Federal and state inc.
tax. 26,427 16,734 (1,052) (483) 937
Property and other taxes 12,844 15,695 64 12 521
Minority Interest 0 0 0 0 920
AFUDC (other) (295) (443) 0 0 0
Interest income (363) 0 (2,863) 0 (787)
Equity in earnings of
unconsol. affiliates 0 0 (5,748) 0 0
Other, net 58 (260) (89) (1) 221
Interest expense on long-
term debt 16,121 13,643 0 0 0
Amort. Of prem., disc. &
exp on debt 487 55 0 0 0
Other interest expense 3,158 3,326 4,051 0 1
AFUDC (borrowed) (2,508) (362) 0 0 0
Preferred dividend
requirement 1,078 0 0 0 0
NET INCOME (45,689) (29,742) (5,319) 853 (1,033)
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 12 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren Vectren
SESI Ventures Fuels, SCSI
Inc.
INCOME STATEMENT
<S> <C> <C> <C> <C>
Operating Revenues
Electric 0 0 0 0
Gas 0 0 0 0
Energy services (221,534) 0 0 0
Other 0 0 (20,543) (6,117)
Fuel for electric generation 0 0 0 0
Purchased electric energy 0 0 0 0
Cost of gas sold 0 0 0 0
Cost of energy services 217,671 0 0 0
revenues
Cost of other revenues 0 0 15,872 4,243
Other operation expenses 3,097 (39) 1,365 1,407
Maintenance 1 0 7 8
Depreciation and 75 0 71 93
amortization
Federal and state inc. tax. 244 (40) 917 33
Property and other taxes 125 1 120 84
Minority Interest 0 0 0 0
AFUDC (other) 0 0 0 0
Interest income (85) 0 0 (9)
Equity in earnings of
unconsol. affiliates 0 (209) 0 0
Other, net 2 0 (6) (1)
Interest expense on long- 0 0 0 0
term debt
Amort. of prem., disc. & exp 0 0 0 0
on debt
Other interest expense 168 133 341 146
AFUDC (borrowed) 0 0 0 0
Preferred dividend 0 0 0 0
requirement
NET INCOME (236) (154) (1,856) (113)
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 13 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren Vectren
Advanced Vectren Vectren Vectren Enter-
Comm., Capital prises,
Inc. Environ Resources Corp. Inc.
INCOME STATEMENT
<S> <C> <C> <C> <C> <C>
Operating Revenues
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Energy services 0 0 0 0 0
Other 0 0 (33,154) 0 498
Fuel for electric
generation 0 0 0 0 0
Purchased electric 0 0 0 0 0
energy
Cost of gas sold 0 0 0 0 0
Cost of energy services 0 0 0 0 0
revenues
Cost of other revenues 0 0 0 0 0
Other operation 167 16 17,367 38 1,236
expenses
Maintenance 0 0 0 0 0
Depreciation and
amortization 0 0 6,852 0 15
Federal and state inc.
tax. 60 (69) 0 26 (434)
Property and other 6 (2) 243 0 0
taxes
Minority Interest 0 0 0 0 0
AFUDC (other) 0 0 0 0 0
Interest income (796) (1) 0 (5,427) (113)
Equity in earnings of
unconsol. affiliates 0 150 0 0 (211)
Other, net 0 0 1,272 (880) (498)
Interest expense on
long-
term debt 0 0 0 2,601 0
Amort. Of prem., disc.
&
exp on debt 0 0 0 0 0
Other interest expense 425 0 621 3,598 7
AFUDC (borrowed) 0 0 (220) 0 0
Preferred dividend 0 0 0 0 0
requirement
NET INCOME (138) 94 (7,019) (44) 500
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 13 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
Vectren Energy Indiana Vectren IEI
Energy Realty, Energy Utility Synfuels,
Svcs, Inc. Svcs, Svcs,
Inc. Inc. Inc. Inc.
INCOME STATEMENT
<S> <C> <C> <C> <C> <C>
Operating Revenues
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Energy services 0 0 0 0 0
Other 0 (681) 0 (418) 0
Fuel for electric
generation 0 0 0 0 0
Purchased electric energy 0 0 0 0 0
Cost of gas sold 0 0 0 0 0
Cost of energy services 0 0 0 0 0
revenues
Cost of other revenues 0 0 0 0 0
Other operation expenses 7 595 0 0 14
Maintenance 0 0 0 0 0
Depreciation and
amortization 0 0 0 0 0
Federal and state inc.
tax. 2,509 (1,490) 0 465 (964)
Property and other taxes 111 0 0 10 0
Minority Interest 0 0 0 0 0
AFUDC (other) 0 0 0 0 0
Interest income 0 0 0 0 0
Equity in earnings of
unconsol. affiliates (6,920) 718 0 (817) 1,395
Other, net 261 0 0 0 0
Interest expense on long-
term debt 0 0 0 0 0
Amort. Of prem., disc. &
exp on debt 0 0 0 0 0
Other interest expense (7) 77 0 0 0
AFUDC (borrowed) 0 0 0 0 0
Preferred dividend
requirement 0 0 0 0 0
NET INCOME (4,039) (781) 0 (760) 445
</TABLE>
<PAGE>
<TABLE>
Exhibit A
Page 15 of 15
<CAPTION>
Vectren Corporation
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
IEI Adjustments
Financial Vectren Debit
Svcs, LLC Corporation (Credit) Total
INCOME STATEMENT
<S> <C> <C> <C> <C>
Operating Revenues
Electric 0 0 0 (307,569)
Gas 0 0 0 (499,573)
Energy services 0 0 0 (221,534)
Other (750) 0 53,593 (39,741)
Fuel for electric
generation 0 0 (5,850) 66,305
Purchased electric
energy 0 0 0 20,791
Cost of gas sold 0 0 0 266,429
Cost of energy services
revenues 0 0 0 217,671
Cost of other revenues 0 0 (14,693) 29,919
Other operation
expenses 950 2,283 (32,460) 145,333
Maintenance 0 3 0 44,289
Depreciation and
amortization 30 12 0 86,998
Federal and state inc.
tax. 0 1,917 (29) 45,708
Property and other
taxes 0 76 0 29,910
Minority Interest 0 0 0 920
AFUDC (other) 0 0 0 (738)
Interest income (7) (806) 5,408 (5,849)
Equity in earnings of
unconsol. affiliates 0 0 0 (11,642)
Other, net 0 256 441 775
Interest expense on 0 0 0 32,365
long-term debt
Amort. Of prem., disc. 0 0 0 542
& exp on debt
Other interest expense 0 319 (6,409) 9,955
AFUDC (borrowed) 0 0 0 (3,090)
Preferred dividend
requirement 0 0 0 1,078
NET INCOME 223 4,060 (90,748)
</TABLE>
<PAGE>
<TABLE>
EXHIBIT B
<CAPTION>
Item No. Caption Heading (in thousands)
<S> <C> <C>
1. Total Assets $ 1,980,467
2. Total Operating Revenues $ 1,068,417
3. Net Income $ 90,748
</TABLE>
