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UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
___________________________________________
In the matter of
CSW International, Inc. REPORT FOR PERIOD
Dallas, Texas 75266-0164 October 1, 1994 to
December 31, 1994
File No. 070-08423 PURSUANT TO RULE 24
This report is filed under Rule 24 of the Public
Utility Holding Company Act of 1935 by CSW International,
Inc. ("CSW International"), a wholly owned subsidiary of
Central and South West Corporation ("CSW"). Under HCAR 35-
26156, CSW International is authorized to participate in
cogeneration projects and to provide consulting services
with respect to IPPs. Attached is the information required
pursuant to HCAR 35-26156.
(1) A balance sheet as of the relevant report date. See
Exhibit A.
(2) An income statement for the twelve months ended. See
Exhibit B.
(3) Name, owner, and location of each IPP served by CSW
International during the quarter. None.
(4) The amount of compensation received for each IPP
project. None.
(5) Information on intercompany transactions with CSW
International related to CSW International's consulting
services, including (a) the name of each associate
company providing services, (b) a listing of services
provided and (c) the total dollar amount of services
provided, broken down by associate company. See
Exhibit C.
(6) A schedule of aggregate development expenses and
investments as of the relevant quarterly reporting
date. See Exhibit D.
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S I G N A T U R E
As requested by order of this Commission pursuant to
the Public Utility Holding Company Act of 1935, CSW
International, Inc. has duly caused this report to be signed
on its behalf on this 19th day of January, 1995.
CSW International, Inc.
EDDIE PEEBLES
Eddie Peebles
Controller
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Exhibit A
CSW International, Inc.
Balance Sheet
December 31, 1994
(Unaudited)
($000's)
ASSETS 12/31/94
CURRENT ASSETS
Accounts Receivable $ 1
Other 40
-------
Current Assets 41
TOTAL $ 41
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LIABILITIES AND EQUITY
LIABILITIES
Accounts Payable and Other $ 811
Accumulated Deferred Income Taxes (222)
-------
589
EQUITY
Common Stock 1
Retained Earnings (549)
-------
(548)
TOTAL $ 41
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Exhibit B
CSW International, Inc.
Statement of Income
For the Twelve Months Ended December 31, 1994
(Unaudited)
($000's)
Expenses: 12/31/94
Outside Services 539
Income Tax Benefit (292)
Interest Expense 1
General and Administrative Expenses $ 301
-------
Total Expenses 549
Net Income (Loss) $ (549)
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Exhibit C
CSW International, Inc.
Intercompany Service Transactions
For the Twelve Months Ended December 31, 1994
(Unaudited)
Name Type of Service Amount
- ---------------------------------- ------------------------ ----------
Central & South West Services, Inc Salaries, overheads, and $ 460,766
(Wholly owned subsidiary of in support of CSW
Central and South West Corporation) Internatiolal, Inc.
projects.
Transok, Inc. Salaries, overheads, and $ 1,564
(Wholly owned subsidiary of in support of CSW
Central and South West Corporation) International, Inc.
projects.
Central and South West Corporation Interest on cash advances $ 999
(Parent) provided to CSW
International, Inc.
CSW Energy, Inc. Salaries and overheads $ 92,267
(Wholly owned subsidiary of in support of CSW
Central and South West Corporation) International, Inc.
projects.
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Exhibit D
CSW International, Inc.
Aggregate Development Expenses and Investments
December 31, 1994
(Unaudited)
Projects Stage Development Costs Investments
I. Development activities subject to $400,000,000
aggregate limit on authority in 70-8423.
Various Projects:
Development $950,653