UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58
FOR THE QUARTER ENDED
DECEMBER 31, 1997
Central and South West Corporation (CSW)
(Name of registered holding company)
1616 Woodall Rodgers Freeway
Dallas, Texas 75202
(Address of principal executive offices)
<PAGE>
ITEM 1 - ORGANIZATION CHART
<TABLE>
<CAPTION>
Name of Reporting Company Date State Percentage
(Ownership information) Energy or of of of Voting
Gas-related Organi- Organi- Securities Nature of
Company zation zation Held Business
- -----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Item 1 is only required to be reported for the first three calendar quarters
of the fiscal year.
</TABLE>
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
<TABLE>
<CAPTION>
Principal Person Collateral Consideration
Company Type of amount Issue Cost to whom given received
issuing security of or of security with for each
security issued security renewal capital issued security security
- ----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
(000's)
Energy Common $ 1
Services, Stock
Inc.
(ESI)
Powerware Convertible 1,250 Dec.97 PSO 28.6% of 28.6% of
Solutions, Preferred outstanding outstanding
Inc. Stock stock stock
Utility Convertible 2,703 Dec.97 PSO 47% of 47% of
Data Preferred; stock stock
Resources, Conv. (fully (fully
Inc. Non-voting diluted) diluted)
Common
Stock;
Voting
Common
AEMT, Inc. Convertible 1,500 Dec.97 PSO 25.4% of 25.4% of
Preferred stock stock
Stock (fully (fully
diluted) diluted)
Sweeny Senior 22,413 CSW
Cogen loan note Energy
IPS Nonrecourse 2,143 15% CSW
Sweeny LLC note Energy
DECO Loan note 12 CSW
Energy
Company Company Amount
contributing receiving of
capital capital capital
contribution
- -----------------------------------
(000's)
None
</TABLE>
<PAGE>
ITEM 3 - ASSOCIATE TRANSACTIONS
Part I - Transactions performed by reporting companies on behalf of
associate companies
<TABLE>
<CAPTION>
Reporting Associate
company company Type of Direct Indirect
rendering receiving services costs costs Cost of TTL amount
services services rendered charged charged capital billed
- ----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
(000's (000's) (000's)
Enershop, CSW/ICG Lease
Inc. ChoiceCom, Management $ $ 64
LLP 64
Enershop, CSW Power Lease
Inc. Marketing, Management 119 119
Inc.
CSW Power Enershop, Lease
Marking, Inc. Inc. Management 28 28
CSW Power CSW/ICG Lease
Marketing, ChoiceCom, Management 16 16
Inc. LLP
</TABLE>
Part II - Transactions performed by associate companies on behalf of
reporting companies
<TABLE>
<CAPTION>
Associate Reporting
company company Type of Direct Indirect
rendering receiving services costs costs Cost of TTL amount
services services rendered charged charged capital billed
- ----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
(000's) (000's) (000's)
West Texas CSW Energy Billing $ 1 $ 1
Utilities Services, services
Inc.
CSW Power Enershop, Lease
Marketing, Inc. Management 28 28
Inc.
C3 Comm., Enershop, Sale of 11 11
Inc. Inc. Software
Enershop, CSW Power Lease
Inc. Marketing, Management 119 119
Inc.
CSW Energy, Orange Plant 390 $ 201 585
Inc. Cogeneration services
CSW Energy, Polk Plant 434 165 518
Inc. Cogeneration services
For other associate company transactions, please refer to the most recent annual
report on Form U-13-60 filed by Central and South West Corporation with the
Securities and Exchange Commission.
</TABLE>
<PAGE>
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
<TABLE>
<CAPTION>
Investments in energy-related companies (millions):
<S> <C>
Total consolidated capitalization $8,030 line 1
as of: December 31, 1997
Total capitalization 1,205 line 2
multiplied by 15%
(line 1 multiplied by 0.15)
Greater of $50 million or 1,205 line 3
line 2
Total current aggregate investment:
(Beginning 4/1/97)
(categorized by major line of
energy-related business)
Energy-related Category 0
1: Energy Services
Energy-related Category 0
5: Energy Marketing
Energy-related Category 0
7: Maintenance Services
Energy-related Category 173
8: Qualifying Facility
Energy-related --
Categories 2,3,4,6,9,10
Total current aggregate investment 173 line 4
-------
Difference between the greater of $50
million or 15%
of capitalization and the total
aggregate investment
of the registered holding
company system
(line 3 less line 4) $1,032 line 5
=======
Investments in gas-related companies (millions):
Total current aggregate investment:
(Beginning 4/1/97)
(categorized by major line of
energy-related business)
Gas-related business --
Categories 1 and 2
Total current aggregate investment $0
=======
</TABLE>
<PAGE>
ITEM 5 - OTHER INVESTMENTS
<TABLE>
<CAPTION>
Major line Other Other
of energy investment investment Reason for difference in other
relate in last in this investment
business U-9C-3 U-9C-3
report report
- ---------------------------------------------------------------------------
<S> <C> <C> <C>
(000's) (000's)
Energy $0 $ 402 Amounts invested prior to April 1,
services 1997 are excluded from Item 4
Maintenance $0 0
services
Qualifying $0 58,998 Amounts invested prior to April 1,
facility 1997 are excluded from Item 4
</TABLE>
ITEM 6 - FINANCIAL
STATEMENTS AND EXHIBITS
Financial Statements
Financial statements are only provided for the first three calendar quarters of
the fiscal year.
Exhibits
Exhibit A - Certificate of Central and South West Corporation
Please contact Mr. Steven Bargmann at (214) 777-2210 with inquiries
concerning this report.
SIGNATURE
Central and South West Corporation
By: Lawrence B. Connors
(Name)
Controller
(Title)
March 31, 1998
(Date)
<PAGE>
Exhibit A
CENTRAL AND SOUTH WEST CORPORATION
CERTIFICATE
The undersigned certifies that he is the duly designated and acting
Controller of Central and South West Corporation, a Delaware corporation, and
that a conformed copy of the Quarterly Report on Form U-9C-3 shall be filed with
the Specific State Commissions that have jurisdiction over the retail rates of
the public-utility companies that are associate companies of any of the
reporting companies. The names and addresses of the Specific State Commissions
are:
Arkansas Public Service Commission
1000 Center
P. O. Box 400
Little Rock, AR 72203-0400
Louisiana Public Service Commission
One American Place
P. O. Box 91154
Baton Rouge, LA 70821-9154
Oklahoma Corporation Commission
2101 N. Lincoln Blvd.
P. O. Box 52000-2000
Oklahoma City, OK 73152-2000
Public Utility Commission of Texas
1701 N. Congress Avenue
Austin, TX 78701
IN WITNESS WHEREOF, I have hereunto set my hand as of the 31st day of
March, 1998.
Lawrence B. Connors
Controller
