File No. 69-140
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
hereby files with the Securities Exchange Commission, pursuant to Rule 2, its
statement claiming exemption as a holding company from the provisions of the
Public Utility Holding Company Act of 1935, and submits the following
information:
1. Name, State of organization, location and nature of business of
claimant and every subsidiary thereof, other than any exempt wholesale
generator (EWG) or foreign utility company in which claimant directly or
indirectly holds an interest.
(a) The claimant. Central Illinois Public Service Company (the
"Company") is an Illinois corporation, and has its principal executive office
at 607 East Adams Street, Springfield, Illinois 62739. On April 25, 1990, the
Company shareholders approved a corporate restructuring plan which provided
for the establishment of CIPSCO Incorporated (CIPSCO), a holding company.
After receipt of the final necessary regulatory approval, on October 1, 1990,
CIPSCO became the parent of the Company and shares of the Company's common
stock were converted on a share-for-share basis into common stock of CIPSCO.
The Company provides certain services to CIPSCO for which all costs incurred<PAGE>
are reimbursed to the Company.
The Company is a public utility engaged principally in the sale of
electricity which it generates, transmits and distributes in portions of
central and southern Illinois. It also sells natural gas which it purchases
from suppliers and distributes through the system in various parts of the
territory served. During 1993, the Company furnished electric service to
about 316,000 customers in 557 incorporated and unincorporated communities and
adjacent suburban and rural areas, including a number of rural electric
cooperatives to which it sold electric energy at wholesale. The Company also
furnished natural gas services to about 164,000 customers in 267 communities
and adjacent suburban and rural areas. For further information with respect
to the Company, its properties and its business, reference is made to the
Company's Registration Statement, Registration No. 2-61730, Registration No.
33-59674, and the map included therein showing the territory served by the
Company, the Company's Annual Report on Form 10-K for the year ended December
31, 1992, and the Company's Quarterly Reports on Form 10-Q for the quarters
ended March 31, 1993, June 30, 1993 and September 30, 1993, and the papers and
documents descriptive of or relating to the Company on file with the
Commission in Administrative Proceeding File No. 3-1568 (70-4631).
(b) Electric Energy, Inc. The Company owns 20 percent (accounted
for under the equity method) of Electric Energy, Inc. (EEI), which owns a
1,000,000 KW generating station at Joppa, Illinois. The equity investment in
EEI is included on the Company's balance sheet in "Other Assets." For a
description of the organization, business, financing and properties of EEI,
reference is made to the applications and declarations (and the amendments and
exhibits thereto) relating to EEI heretofore filed with the Securities and
Exchange Commission, under the Public Utility Holding Company Act of 1935, by<PAGE>
EEI, the Company and others in File Nos. 70-2540, 70-2
70-3120, 70-3595 and 70-3596, and to the findings, opinions and orders of the
Commission with respect thereto.
(c) CIPS Energy, Inc. and Illinois Steam, Inc., are inactive and not
"public utility companies" within the meaning of the Public Utility Holding
Company Act of 1935.
2. A brief description of the properties of claimant and each of its
subsidiary public utility companies used for the generation, transmission and
distribution of electric energy for sale, or for the production, transmission
and distribution of natural or manufactured gas, indicating the location of
principal generating plants, transmission lines, producing fields, gas
manufacturing plants, and electric 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 electric energy or gas at the borders of such State.
(a) The Company is engaged principally in the sale of electricity
which it generates, transmits and distributes in portions of central and
southern Illinois. The Company furnished electric service to about 316,000
customers in 557 incorporated and unincorporated communities and adjacent
suburban and rural areas, including a number of rural electric cooperatives to
which it sold electric energy at wholesale.
At December 31, 1993, the Company owned and regularly operated five
steam electric generating stations as follows:<PAGE>
Generating Station MW Capacity
Newton Newton, Illinois 1,115
Coffeen Coffeen, Illinois 750
Meredosia Meredosia, Illinois 520
Grand Tower Grand Tower, Illinois 186
Hutsonville Hutsonville, Illinois 156
At that date, the Company also owned about 12,922 pole miles of
overhead electric lines and 843 miles of underground electric lines. This
transmission system is located at the hub of 12 major utility systems joined
by 39 interconnections at various locations. The major electric
interconnections are as follows:
Interconnections
Commonwealth Edison Co. 2
Northern Indiana Public Service Co. 1
AEP (Indiana and Michigan Electric) 1
PSI Energy 2
Southern Illinois Power Cooperative 2
Illinois Power 21
Tennessee Valley Authority (owned with Illinois Power)
Electric Energy, Inc. 3
Kentucky Utilities (owned with Electric Energy, Inc.)
Union Electric Co. 5
Central Illinois Light Co. 1
Springfield City Water, Light & Power 1
The Company also sells natural gas which it purchased from suppliers
and distributed through the system in various parts of Illinois. The Company
furnished natural gas services to about 164,000 customers in 267 communities
and adjacent suburban and rural areas.
At December 31, 1993, the Company owned two propane-air plants at
Quincy and DeSoto, Illinois and five underground gas storage facilities at
Ashmore, Sciota North, Belle Gent, Johnson City and Richwood, Illinois. The
Company also leased five other underground gas storage facilities from Texas
Eastern Transmission Corporation, Panhandle Eastern Pipeline Company -<PAGE>
Southwest-In/Out Storage, Panhandle Eastern Pipeline Company
Natural Gas Pipeline Company of America - FSS-Iowa and Rotherwood Storage.
The underground gas storage facilities and the propane-air gas
plants are used by the Company to supplement the available supply of natural
gas during periods of high demands.
At December 31, 1993, the Company also owned about 1,385 miles of
natural gas transmission mains and 3,135 miles of natural gas distribution
mains. The Company is served by six interstate pipeline companies, Panhandle
Eastern Pipeline Company (Panhandle), Texas Eastern Transmission Company
(Texas Eastern), Texas Gas Transmission Company (Texas Gas), Natural Gas
Pipeline Company of America (Natural), Trunkline Gas Transmission Company
(Trunkline), and Midwestern Gas Transmission Company (Midwestern). The major
gas inter-connections are as follows:
Interconnections
Panhandle 18
Texas Eastern 3
Texas Gas 6
Natural 7
Trunkline 8
Midwestern 3
The Company owns no properties located outside the State of
Illinois. For further information with respect to the Company, its principal
electric generating stations and transmission lines and its electric and gas
distribution facilities, reference is made to the Company's registration
statement, reports and map and the papers and documents referred to in the
answer to Item 1 above.
(b) Reference is made to Paragraph (b) under Item 1 above and the
filings with the Securities and Exchange Commission referred to therein for a
description of the properties of EEI.<PAGE>
3. The following information for the last calendar year with respect to
claimant and each of its subsidiary public utility companies:
(a) Number of kwh. of electric energy sold (at retail or wholesale),
and Mcf. of natural or manufactured gas distributed at retail.
(b) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas distributed at retail outside the State in which each such
company is organized.
(c) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas sold at wholesale outside the State in which each such
company is organized, or at the State line.
(d) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas purchased outside the State in which each such company is
organized, or at the State line.
The information required by this item with respect to sales and
purchases of electric energy is set forth in Exhibit D hereto. In the
calendar year 1993, the Company distributed at retail 252,334,124 therms of
gas, all within the state of Illinois. The Company does not distribute at
retail any gas outside the state of Illinois, and does not sell at wholesale
any gas outside the state of Illinois or at the State line. The Company,
during 1993, purchased 22,354,512 Mcf. of natural gas outside the state of
Illinois.
EEI does not engage in the business of selling or distributing gas.
4. The following information for the reporting period with respect to
claimant and each interest it holds directly or indirectly in an EWG or a
foreign utility company, stating monetary amounts in United States dollars:
(a) Name, location, business address and description of the
facilities used by the EWG or foreign utility company for the generation,<PAGE>
transmission and distribution of electric energy for sale
distribution at retail of natural or manufactured gas.
(b) Name of each system company that holds an interest in such EWG
or foreign utility company; and description of the interest held.
(c) Type and amount of capital invested, directly or indirectly, by
the holding company claiming exemption; any direct or indirect guarantee of
the security of the EWG or foreign utility company by the holding company
claiming exemption; and any debt or other financial obligation for which there
is recourse, directly or indirectly, to the holding company claiming exemption
or another system company, other than the EWG or foreign utility company.
(d) Capitalization and earnings of the EWG or foreign utility
company during the reporting period.
(e) Identify any service, sales or construction contract(s) between
the EWG or foreign utility company and a system company, and describe the
services to be rendered or goods sold and fees or revenues under such
agreement(s).
The Company does not hold, directly or indirectly, an interest in an
EWG or a foreign utility company.
* * * * *<PAGE>
On the basis of the foregoing, the Company is entitled to exemption
as a holding company pursuant to Paragraphs (1) and (2) of Section 3(a) of the
Public Utility Holding Company Act of 1935 and Paragraphs (a)(1) and (a)(2) of
Rule 2 of the Commission promulgated under said Act. Reference is made to the
exhibits filed herewith. In 1993, the Company received dividends from EEI
amounting to $2,608,119.60.
In making and filing this statement, the Company specifically
reserves the right to apply at any time to the Securities and Exchange
Commission (a) pursuant to Section 2(a)(7) of the Public Utility Holding
Company Act of 1935, for an order declaring that it is not a holding company
under clause (A) of said section by reason of its investment in Electric
Energy, Inc. and/or (b) for an order exempting it from the provisions of the
Public Utility Holding Company Act of 1935 pursuant to Section 3(a) or any
other provision of said Act or of any rule or regulation of the Commission
thereunder. Neither the making and filing of this statement nor anything
contained herein shall constitute or be construed to be an admission that the
Company is not entitled to any such order.<PAGE>
LIST OF EXHIBITS
________________
Exhibit A-1 Balance Sheet of the Company as of December 31, 1993.
Exhibit A-2 Statement of Income of the Company for the year ended December
31, 1993.
Exhibit A-3 Statement of Retained Earnings of the Company for the year ended
December 31, 1993.
Exhibit A-4 Balance Sheet of Electric Energy, Inc. as of December 31, 1993.*
Exhibit A-5 Statement of Income of Electric Energy, Inc. for the year ended
December 31, 1993.*
Exhibit A-6 Statement of Retained Earnings of Electric Energy, Inc. for the
year ended December 31, 1993.*
Exhibit B Financial Data Schedule of the Company for the year ended
December 31, 1993.
Exhibit C Not applicable.
Exhibit D Statement showing sales and purchases of electric energy by the
Company and Electric Energy, Inc. for the year ended December 31,
1993.
*As furnished by Electric Energy, Inc., but unaudited.
The above-named claimant has caused this statement to be duly
executed on its behalf by its authorized officers on this 28th day of
February, 1994.
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
By R. W. Jackson
____________________________________
Senior Vice President
(Corporate Seal)
Attest:
C. D. Nelson
_______________________
Assistant Secretary
* * * * *<PAGE>
Names, titles and addresses of officers to whom notices and correspondence
concerning this statement should be addressed:
R. W. Jackson, Senior Vice President
Central Illinois Public Service Company
607 East Adams Street
Springfield, Illinois 62739
C. L. Greenwalt, Chief Executive Officer
Central Illinois Public Service Company
607 East Adams Street
Springfield, Illinois 62739
<PAGE>
Exhibit A-1
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
BALANCE SHEET
DECEMBER 31, 1993
(in thousands)
Assets
Utility Plant, at original cost:
Electric $2,172,259
Gas 208,208
_________
Less - Accumulated depreciation 2,380,467
1,020,097
_________
1,360,370
Construction work in progress 61,104
_________
1,421,474
_________
Current Assets:
Cash 4,038
Temporary investments, at cost which approximates market 2,734
Accounts receivable, net 61,591
Accrued unbilled revenues 38,774
Materials and supplies, at average cost 40,824
Fuel for electric generation, at average cost 26,046
Gas stored underground, at average cost 14,335
Prepayments 9,847
_________
198,189
_________
Other Assets 48,799
_________
$1,668,462
=========
Capitalization and Liabilities
Capitalization:
Common shareholder's equity:
Common stock, 25,452,373 shares outstanding $ 121,282
Retained earnings 443,741
_________
565,023
Preferred stock 80,000
Long-term debt 474,323
_________
1,119,346
_________
Current Liabilities:
Long-term debt due within one year 20,000
Accounts payable 55,931
Accrued wages 12,720
Accrued taxes 13,391
Accrued interest 9,204
Other 34,895
_________
146,141
_________
Deferred Credits:
Accumulated deferred income taxes 274,425
Investment tax credits 58,962
Regulatory liabilities, net 69,588
_________
402,975
_________
$1,668,462
=========
<PAGE>
Exhibit A-2
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1993
(in thousands)
Operating Revenues:
Electric $ 688,849
Gas 145,707
_________
Total operating revenues 834,556
_________
Operating Expenses:
Fuel for electric generation 186,938
Purchased power 60,181
Gas purchased 90,097
Other operation 141,310
Maintenance 61,216
Depreciation and amortization 77,647
Taxes other than income taxes 54,767
Income taxes 48,749
_________
Total operating expenses 720,905
_________
Operating Income 113,651
_________
Other Income and Deductions:
Allowance for equity funds used during construction 1,459
Nonoperating income taxes (631)
Miscellaneous, net 3,632
_________
Total other income and deductions 4,460
_________
Income Before Interest Charges 118,111
_________
Interest Charges:
Interest on long-term debt 34,421
Other interest charges 479
Allowance for borrowed funds used during construction (800)
_________
34,100
_________
<PAGE>
Net Income 84,011
Preferred Stock Dividends 3,718
_________
Earnings for Common Stock $ 80,293
=========<PAGE>
Exhibit A-3
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1993
(in thousands)
Balance, beginning of year $ 398,235
Add (deduct):
Net income 84,011
Dividends:
Preferred stock (3,718)
Other (34,787)
_________
Balance, end of year $ 443,741
=========
<PAGE>
Exhibit A-4
ELECTRIC ENERGY, INC.
CONSOLIDATED BALANCE SHEET
DECEMBER 31, 1993
(in thousands)
Assets
Property, Plant and Equipment:
In service $ 285,413
Construction work in progress 14,475
_________
299,888
Less - Accumulated provision for depreciation and
amortization 209,916
_________
89,972
_________
Current Assets:
Cash 227
Accounts receivable 37,920
Fuel stock, at average cost 4,708
Material and supplies, at average cost 5,879
Prepayments 598
_________
49,332
_________
Other Assets 17,266
_________
$ 156,570
=========
Capitalization and Liabilities
Stockholders' Equity:
Common stock, 62,000 shares outstanding $ 6,200
Retained earnings 2,634
_________
8,834
Long-term debt 64,660
_________
73,494
_________
Current Liabilities:
Bank loans 40,600
Accounts payable 30,511
Accrued taxes 3,890
Accrued interest 502
Dividend declared 3,104
_________
78,607
_________
Other Liabilities 4,469
_________
$ 156,570
=========
<PAGE>
Exhibit A-5
ELECTRIC ENERGY, INC.
CONSOLIDATED STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1993
(in thousands)
Operating Revenues:
Sales to Department of Energy $ 236,198
Sales to Sponsoring Companies 39,406
_________
Total operating revenues 275,604
_________
Operating Expenses and Taxes:
Cost of fuel 80,863
Purchased power 103,885
Other 37,822
Maintenance 18,378
Depreciation and amortization 7,138
Taxes other than income taxes 1,770
Income taxes:
Current federal 8,894
Current state 2,088
Deferred federal and state, net (3,567)
_________
Total operating expenses and taxes 257,271
Operating Income 18,333
_________
Other (Income) and Expense:
Interest income (608)
Interest expense 6,017
Miscellaneous, net (117)
_________
Total other (income) and expense 5,292
_________
Net Income $ 13,041
=========
<PAGE>
Exhibit A-6
ELECTRIC ENERGY, INC.
CONSOLIDATED STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1993
(in thousands)
Balance, beginning of year $ 2,634
Dividends declared (13,041)
Net income for year 13,041
_________
Balance, end of year $ 2,634
=========
<PAGE>
Exhibit B
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
FINANCIAL DATA SCHEDULE
FOR THE YEAR ENDED DECEMBER 31, 1993
Item No. Description Amount
________ ___________ ______
(in thousands)
1 Total Assets $1,668,462
2 Total Operating Revenues $ 834,556
3 Net Income $ 84,011
<PAGE>
Exhibit D
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
SALES AND PURCHASES OF ELECTRIC ENERGY
FOR THE YEAR ENDED DECEMBER 31, 1993
Central Illinois
Public Service Electric
Company(a) Energy, Inc.(a)
________________ _______________
Kwh. sold (at retail or wholesale) 8,511,582,408 13,511,884,000
Kwh. distributed at retail outside
of State in which organized none 11,928,094,000 (b)
Kwh. sold at wholesale outside of
State in which organized or at
State line none (c)
Kwh. purchased outside of State in
which organized or at State line none none
(a) Exclusive of interchange power.
(b) Represents energy sold to the Paducah, Kentucky, Project of the
Department of Energy.
(c) Central Illinois Public Service Company is advised that in 1993 Electric
Energy, Inc. sold to Kentucky Utilities Company 245,362,000
kilowatthours of energy metered at the Joppa, Illinois, plant of
Electric Energy, Inc. and delivered to Kentucky Utilities Company at
the Paducah, Kentucky, Project of the Department of Energy, and various
other interconnection points in Kentucky.
