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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10 )
Carolina Power and Light Company
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(Name of Issuer)
Common
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(Title of Class of Securities)
144141108
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(CUSIP Number)
December 31, 1999
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(Date of Event which Requires Filing of this Statement)
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CUSIP No. 144141108 Page 2 of 7
(1) Names of Reporting Persons SS or IRS Identification Nos. of Above
Persons
a. Wachovia Corporation 56-1473727
b. Wachovia Bank, National Association 56-0927594
c. Wachovia Securities, Inc. 56-0276990
(2) Check the Appropriate Box if a Member of a Group (see Instructions)
a. ( )
b. ( )
c. ( )
(3) SEC USE ONLY
(4) Citizenship or Place of Organization
a. Wachovia Corporation North Carolina
b. Wachovia Bank, National Association United States
c. Wachovia Securities, Inc. North Carolina
Number of shares (5) Sole Voting Power 507,073
Beneficially
Owned by Each (6) Shared Voting Power 58,216
Reporting Person
With (7) Sole Dispositive Power 348,135
(8) Shared Dispositive Power 151,581
(9) Aggregate amount Beneficially Owned by Each Reporting Person 577,076
(10) Check if Aggregate Amount in Row 9 Excludes Certain Shares
(see Instructions) ( )
(11) Percent of Class Represented by Amount in Row 9 0.36%
(12) Type of Reporting Persons (see Instructions)
a. Wachovia Corporation HC
b. Wachovia Bank, National Association BK
c. Wachovia Securities, Inc. BD
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CUSIP No. 144141108 Page 3 of 7
ITEM 1 (a) NAME OF ISSUER:
Carolina Power and Light Company
ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
411 Fayetteville Street Mall
Raleigh, NC 27602
ITEM 2 (a) NAME OF PERSONS FILING:
Wachovia Corporation, Wachovia Bank, National Association and
Wachovia Securities, Inc.
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
Wachovia Corporation
100 North Main Street
Winston-Salem, North Carolina 27104
Wachovia Bank, National Association
100 North Main Street
Winston-Salem, North Carolina 27104
Wachovia Securities, Inc.
201 North Tryon Street
Charlotte, North Carolina, 28201
ITEM 2 (c) CITIZENSHIP:
Wachovia Corporation North Carolina
Wachovia Bank, National Association United States
Wachovia Securities, Inc. North Carolina
ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
Common
ITEM 2 (e) CUSIP NUMBER:
144141108
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CUSIP No. 144141108 Page 4 of 7
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1 (B), OR
13D-3 (B) CHECK WHETHER THE PERSON FILING IS A:
(a) (X) Broker or Dealer registered under Section 15 of the
Act, (Wachovia Securities, Inc.)
(b) (X) Bank as defined in Section 3(a)(6) of the Act,
(Wachovia Bank, National Association)
(c) ( ) Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act,
(e) ( ) Investment Advisor registered under Section 203 of the
Investment Advisor Act of 1940,
(f) ( ) Employee Benefit Plan Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund.
(g) (X) Parent holding Company, in accordance with 240.13d-1
(b)(ii)(G), (Wachovia Corporation)
(h) ( ) Group, in accordance with Rule 13d-1 (b) (1) (ii) (H)
ITEM 4 OWNERSHIP:
The following information is as of December 31, 1998:
<TABLE>
<S> <C>
(a) Amount Beneficially Owned: 577,073
(b) Percent of Class: 0.36%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote 507,073
(ii) Shared power to vote or to direct the vote 58,216
(iii) Sole power to dispose or to direct the disposition of 348,135
(iv) Shared power to dispose or to direct the disposition of 151,581
</TABLE>
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
YES
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON:
N/A
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CUSIP No. 144141108 Page 5 of 7
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
Included are the following subsidiaries of Wachovia
Corporation - HC:
Wachovia Bank, National Association - BK (wholly owned
subsidiary of Wachovia Corporation)
Wachovia Securities, Inc., BD - (wholly owned subsidiary of
Wachovia Corporation)
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9 NOTICE OF DISSOLUTION OF GROUP.
N/A
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CUSIP No. 144141108 Page 6 of 7
ITEM 10 CERTIFICATION:
By signing below, I certify that, to the best of my
knowledge and belief, the securities referred to above were
not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 10, 2000
For: WACHOVIA CORPORATION
By: /s/ William M. Watson, Jr.
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William M. Watson, Jr.
Senior Vice President, Counsel and Secretary
For: WACHOVIA BANK, NATIONAL ASSOCIATION
By: /s/ William M. Watson, Jr.
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William M. Watson, Jr.
Senior Vice President, Counsel and Secretary
For: WACHOVIA SECURITIES, INC.
By: /s/ Michael D. Hearn
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Michael D. Hearn
Senior Managing Director
SEE AGREEMENT ATTACHED AS EXHIBIT A
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CUSIP No. 144141108 Page 7 of 7
EXHIBIT A
AGREEMENT
February 10, 2000
The understanding hereby agree to file a joint statement on
Schedule 13G under the securities Exchange Act of 1934, as amended (the
"Act") in connection with their beneficial ownership of common stock
issued by Wachovia Corporation.
Each of the undersigned states that it is entitled to
individually use Schedule 13G pursuant to Rule 13d-1 (c) of the Act.
Each of the undersigned is responsible for the timely filling
of the statement and any amendments thereto, and for the completeness
of the statement and any amendments thereto, and for the completeness
and accuracy of the information concerning each of them contained
therein but none is responsible for the completeness of accuracy of the
information concerning the others.
This agreement applies to any amendments to Schedule 13G.
Wachovia Corporation
/s/ William M. Watson, Jr.
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William M. Watson, Jr.
Senior Vice President, Counsel and Secretary
Wachovia Bank, National Association
/s/ William M. Watson, Jr.
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William M. Watson, Jr.
Senior Vice President, Counsel and Secretary
Wachovia Securities, Inc.
/s/ Michael D. Hearn
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Michael D. Hearn
Senior Managing Director
