<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 1, 2000
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
(Exact name of registrant as specified in its charter)
Illinois 1-3672 37-0211380
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
607 East Adams Street, Springfield, Illinois 62739
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code: (217) 523-3600
<PAGE>
ITEM 5. OTHER EVENTS
Reference is made to Item 1. Business under the captions "General", Item 2.
Properties and Item 7. Management's Discussion and Analysis of Financial
Condition and Results of Operations under the caption "Overview" and "Electric
Industry Restructuring" in the Registrant's Form 10-K for the year ended
December 31, 1999, for a discussion of the Registrant's plan to transfer its
electric generating facilities to a new nonregulated subsidiary of Ameren
Corporation (Ameren), the Registrant's parent company, pursuant to Illinois'
Electric Service Customer Choice and Rate Relief Law of 1997.
On May 1, 2000, following the receipt of all required State and Federal
regulatory approvals, the Registrant transferred its electric generating assets
and liabilities to a newly created nonregulated affiliate, Ameren Energy
Generating Company (Generating Company), a wholly-owned subsidiary of Ameren, in
exchange for a promissory note from Generating Company in the principal amount
of approximately $600 million (the net book value of the assets and liabilities)
and Generating Company common stock. The promissory note has a term of five
years and bears interest at 7% based on a 10-year amortization. The transferred
assets represent a generating capacity of approximately 2,900 megawatts.
Approximately 45% of the Registrant's employees were transferred to Generating
Company as a part of the transaction.
Also on May 1, 2000, an electric power supply agreement was entered into
between Generating Company and its newly created nonregulated affiliate, Ameren
Energy Marketing Company (Marketing Company). On the same date, Marketing
Company entered into an electric power supply agreement with the Registrant to
supply it sufficient power to meet native load requirements. This agreement
expires December 31, 2004. Power will continue to be jointly dispatched between
Union Electric Company, another subsidiary of Ameren, and Generating Company.
The creation of the new subsidiaries and the transfer of Registrant's
generating assets and liabilities did not have a material effect on the
Registrant's financial position, results of operation or liquidity.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CENTRAL ILLINOIS PUBLIC
SERVICE COMPANY
(Registrant)
By /s/ Warner L. Baxter
------------------------
Warner L. Baxter
Vice President and Controller
(Principal Accounting Officer)
Date: May 5, 2000
-2-
