<PAGE> 1
File No. 70-8557
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO
FORM U-1 APPLICATION-DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
___________________________________
CENTRAL AND SOUTH WEST CORPORATION SOUTHWESTERN ELECTRIC POWER COMPANY
1616 Woodall Rodgers Freeway 428 Travis Street
Dallas, Texas 75202 Shreveport, Louisiana 71156-0001
CENTRAL POWER AND LIGHT COMPANY WEST TEXAS UTILITIES COMPANY
539 North Carancahua Street 301 Cypress Street
Corpus Christi, Texas 78401-2802 Abilene, Texas 79601-5820
PUBLIC SERVICE COMPANY OF OKLAHOMA TRANSOK, INC.
212 East Sixth Street 2 West Sixth Street
Tulsa, Oklahoma 74119-1212 Tulsa, Oklahoma 74119
CENTRAL AND SOUTH WEST SERVICES, INC.
1616 Woodall Rodgers Freeway
Dallas, Texas 75202
(Names of companies filing this statement and addresses
of principal executive offices)
__________________________________
CENTRAL AND SOUTH WEST CORPORATION
(Name of top registered holding company parent)
_________________________________
Stephen J. McDonnell, Treasurer
Central and South West Corporation
1616 Woodall Rodgers Freeway
Dallas, Texas 75202
Joris M. Hogan, Esq.
Milbank, Tweed, Hadley & McCloy
1 Chase Manhattan Plaza
New York, New York 10005
(Names and addresses of agents for service)
<PAGE> 2
Central and South West Corporation ("CSW"), a Delaware
Corporation and a registered holding company under the Public Utility
Holding Company Act of 1935, as amended (the "Act"), and its subsidiary
companies Central Power and Light Company ("CPL"), Public Service Company
of Oklahoma ("PSO"), Southwestern Electric Power Company ("SWEPCO"), West
Texas Utilities Company ("WTU"), Transok, Inc. ("TOK") and Central and
South West Services, Inc. ("CSWS"), each referred to as a "Subsidiary" and
collectively referred to as the "Subsidiaries". The Subsidiaries hereby
amends the Form U-1 Application-Declaration in File No. 70-8557 for the
purpose of amending Item 6 in the following respects. In all other
respects the Application-Declaration will remain the same.
Item 6. Exhibits and Financial Statements.
Item 6 is hereby amended to file the following exhibit:
Exhibit 9 - Projections of Cash Flow for each Applicant for the
period January 1, 1995 through March 31, 1997.
<PAGE> 3
S I G N A T U R E
- - - - - - - - -
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, as amended, the undersigned companies have duly
caused this document to be signed on their behalf by the undersigned
thereunto duly authorized.
Dated: March 3, 1995
CENTRAL AND SOUTH WEST CORPORATION CENTRAL POWER AND LIGHT COMPANY
By /s/ STEPHEN J. MCDONNELL By /s/ SHIRLEY S. BRIONES
Stephen J. McDonnell Shirley S. Briones
Treasurer Treasurer
PUBLIC SERVICE COMPANY OF OKLAHOMA SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ SHIRLEY S. BRIONES By /s/ SHIRLEY S. BRIONES
Shirley S. Briones Shirley S. Briones
Treasurer Treasurer
WEST TEXAS UTILITIES COMPANY TRANSOK, INC.
By /s/ SHIRLEY S. BRIONES By /s/ O. T. STEWART
Shirley S. Briones O. T. Stewart
Treasurer Treasurer and Controller
CENTRAL AND SOUTH WEST SERVICES, INC.
By /s/ SHIRLEY S. BRIONES
Shirley S. Briones
Treasurer
<PAGE> 1
INDEX OF EXHIBITS
EXHIBIT TRANSMISSION
NUMBER EXHIBIT METHOD
- ------- ------- ------------
9 Projections of Cash Flow for each Applicant Electronic
for the period January 1, 1995 through
March 31, 1997.
<PAGE> 1
<TABLE>
EXHIBIT 9
---------
<CAPTION> CENTRAL POWER AND LIGHT COMPANY
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------- ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (161) $ (229) $ (207) $ (200) $ (233) $ (296) $ (288) $ (180) $ (235)
RECEIPTS:
Receipts from Operations 274 329 390 294 280 333 395 295 285
Other Receipts 5 5 5 5 5 5 5 5 5
--------- --------- --------- -------- --------- --------- --------- --------- ---------
Total Receipts 279 334 395 299 285 338 400 300 290
DISBURSEMENTS:
Construction 33 34 27 18 35 32 29 35 30
Operating Activities 276 250 283 261 275 260 215 249 230
Common Dividends 35 25 75 50 35 35 45 68 35
Preferred Dividends 3 3 3 3 3 3 3 3 3
--------- --------- --------- -------- --------- --------- --------- --------- ---------
Total Disbursements 347 312 388 332 348 330 292 355 298
Money Pool- Ending Balance $ (229) $ (207) $ (200) $ (233) $ (296) $ (288) $ (180) $ (235) $ (243)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> PUBLIC SERVICE COMPANY OF OKLAHOMA
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------- ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (55) $ (81) $ (45) $ (59) $ (53) $ (91) $ (115) $ (76) $ (98)
RECEIPTS:
Receipts from Operations 158 196 234 178 160 198 237 181 155
Other Receipts 12 14 15 16 12 13 15 21 12
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 170 210 249 194 172 211 252 202 167
DISBURSEMENTS:
Construction 15 15 20 18 15 20 18 18 15
Operating Activities 181 159 203 155 180 200 180 195 150
Common Dividends 0 0 40 15 15 15 15 11 15
Preferred Dividends 0 0 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 196 174 263 188 210 235 213 224 180
Money Pool- Ending Balance $ (81) $ (45) $ (59) $ (53) $ (91) $ (115) $ (76) $ (98) $ (111)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> SOUTHWESTERN ELECTRIC POWER COMPANY
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------- ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (82) $ (89) $ (99) $ (81) $ (107) $ (129) $ (98) $ (66) $ (50)
RECEIPTS:
Receipts from Operations 186 190 236 199 190 208 240 200 195
Other Receipts 13 10 14 12 12 14 13 12 14
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 199 200 250 211 202 222 253 212 209
DISBURSEMENTS:
Construction 21 28 23 18 23 25 25 20 25
Operating Activities 184 147 163 188 185 150 175 143 156
Common Dividends 0 34 45 30 15 15 20 32 15
Preferred Dividends 1 1 1 1 1 1 1 1 1
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 206 210 232 237 224 191 221 196 197
Money Pool- Ending Balance $ (89) $ (99) $ (81) $ (107) $ (129) $ (98) $ (66) $ (50) $ (38)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> WEST TEXAS UTILITIES COMPANY
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------- ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (46) $ (47) $ (31) $ 2 $ (2) $ (24) $ (60) $ 6 $ (24)
RECEIPTS:
Receipts from Operations 80 84 146 91 79 82 144 85 80
Other Receipts 5 3 4 3 5 3 4 5 3
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 85 87 150 94 84 85 148 90 83
DISBURSEMENTS:
Construction 10 10 8 8 11 16 10 14 8
Operating Activities 76 61 88 70 90 100 60 92 82
Common Dividends 0 0 21 20 5 5 12 14 5
Preferred Dividends 0 0 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 86 71 117 98 106 121 82 120 95
Money Pool- Ending Balance $ (47) $ (31) $ 2 $ (2) $ (24) $ (60) $ 6 $ (24) $ (36)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> TRANSOK, INC.
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------- ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (28) $ (25) $ (40) $ (95) $ (100) $ (106) $ (92) $ (93) $ (113)
RECEIPTS:
Receipts from Operations 183 157 227 208 200 180 250 210 200
Other Receipts 4 2 1 2 4 4 4 4 4
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 187 159 228 210 204 184 254 214 204
DISBURSEMENTS:
Construction 14 19 23 17 15 15 10 15 10
Operating Activities 170 155 260 198 195 150 235 205 185
Common Dividends 0 0 0 0 0 5 10 14 5
Preferred Dividends 0 0 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 184 174 283 215 210 170 255 234 200
Money Pool- Ending Balance $ (25) $ (40) $ (95) $ (100) $ (106) $ (92) $ (93) $ (113) $ (109)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> CENTRAL & SOUTH WEST SERVICES, INC.
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------ ------------------------------------------ ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (63) $ (45) $ (41) $ (45) $ (48) $ (46) $ (43) $ (40) $ (38)
RECEIPTS:
Receipts from Operating
Companies 81 42 40 47 39 35 45 39 35
Other Receipts 0 4 1 0 2 3 3 2 1
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 81 46 41 47 41 38 48 41 36
DISBURSEMENTS:
Services Rendered on Behalf
of Operating Companies 63 42 45 47 39 35 45 39 35
Other Disbursements 0 0 0 3 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 63 42 45 50 39 35 45 39 35
Money Pool- Ending Balance $ (45) $ (41) $ (45) $ (48) $ (46) $ (43) $ (40) $ (38) $ (37)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> CENTRAL AND SOUTH WEST CORPORATION
PROJECTION OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------ ------------------------------------------- ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (474) $ (424) $ (505) $ (525) $ (537) $ (501) $ (470) $ (499) $ (465)
RECEIPTS:
Receipts from Operations 120 22 100 22 100 75 75 150 50
Other Receipts 47 34 167 115 85 100 25 0 50
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 167 56 267 137 185 175 100 150 100
DISBURSEMENTS:
Construction 0 0 0 0 0 0 0 0 0
Operating Activities 35 55 205 67 65 60 45 32 35
Common Dividends 82 82 82 82 84 84 84 84 86
Preferred Dividends 0 0 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 117 137 287 149 149 144 129 116 121
Money Pool- Ending Balance $ (424) $ (505) $ (525) $ (537) $ (501) $ (470) $ (499) $ (465) $ (486)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> CENTRAL AND SOUTH WEST CORPORATION
(CONSOLIDATED)
PROJECTIONS OF CASH FLOWS
(millions)
1995 1996 1997
------------------------------------------ ------------------------------------------ ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Money Pool- Beg. Balance $ (910) $ (940) $ (968) $ (1,003) $ (1,080) $ (1,193) $ (1,166) $ (948) $ (1,023)
RECEIPTS:
Receipts from Operations 1,001 978 1,333 992 1,009 1,076 1,341 1,121 965
Receipts from Operating
Companies 81 42 40 47 39 35 45 39 35
Other Receipts 86 70 207 153 125 142 69 49 89
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Receipts 1,168 1,090 1,580 1,192 1,173 1,253 1,455 1,209 1,089
DISBURSEMENTS:
Construction 93 106 101 79 99 108 92 102 88
Operating Activities 921 825 1202 939 990 920 910 916 838
Services Rendered on Behalf
of Operating Companies 63 42 45 47 39 35 45 39 35
Common Dividends 117 141 263 197 154 159 186 223 161
Preferred Dividends 4 4 4 4 4 4 4 4 4
Other Disbursements 0 0 0 3 0 0 0 0 0
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Disbursements 1,198 1,118 1,615 1,269 1,286 1,226 1,237 1,284 1,126
Money Pool- Ending Balance $ (940) $ (968) $ (1,003) $ (1,080) $ (1,193) $ (1,166) $ (948) $ (1,023) $ (1,060)
</TABLE>
<PAGE>
<TABLE>
<CAPTION> CENTRAL AND SOUTH WEST CORPORATION
(CONSOLIDATED)
PROJECTIONS OF CASH FLOWS
(millions)
(CONTINUED)
1995 1996 1997
------------------------------------------ ------------------------------------------ ---------
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr
--------- --------- --------- --------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SHORT-TERM OUTSTANDING:
Central Power & Light Co. $ (229) $ (207) $ (200) $ (233) $ (296) $ (288) $ (180) $ (235) $ (243)
Public Service Company of
Oklahoma (81) (45) (59) (53) (91) (115) (76) (98) (111)
Southwestern Electric
Power Company (89) (99) (81) (107) (129) (98) (66) (50) (38)
West Texas Utilities (47) (31) 2 (2) (24) (60) 6 (24) (36)
Transok, Inc. (25) (40) (95) (100) (106) (92) (93) (113) (109)
Central and South West
Corporation (424) (505) (525) (537) (501) (470) (499) (465) (486)
Central and South West
Services, Inc. (45) (41) (45) (48) (46) (43) (40) (38) (37)
--------- --------- --------- --------- --------- --------- --------- --------- ---------
Total Short-Term $ (940) $ (968) $ (1,003) $ (1,080) $ (1,193) $ (1,166) $ (948) $ (1,023) $ (1,060)
</TABLE>
