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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________________________
:
In the Matter of :
:
CSW COMMUNICATIONS, INC. : CERTIFICATE
:
CENTRAL AND SOUTH WEST CORPORATION : OF
:
File No. 70-8199 : NOTIFICATION
:
(Public Utility Holding Company Act of 1935) :
__________________________________________________:
This report is filed under Rule 24 of the Public Utility
Holding Company Act of 1935 by CSW Communications, Inc. (CSW
Communications) a subsidiary of Central and South West
Corporation (CSW) authorized to operate as a limited-purpose
communications company. Under HCAR 35-26061 dated June 3, 1994,
it is required that CSW Communications file quarterly reports
providing: 1) CSW Communications' Balance Sheet 2) CSW
Communications' Statement of Income for the quarter ended (for
the year ended in the case of fourth calendar quarter) 3) a
concise description of bills to and payments by associated
companies for such quarter and 4) a concise description of
payments by CapRock to CSW Communications for such quarter.
1) CSW Communications' Balance Sheet
Refer to Exhibit 1 for CSW Communications' Balance Sheet at
September 30, 1994.
2) CSW Communications' Statement of Income
Refer to Exhibit 2 for CSW Communications' Statement of Income
for the Quarter Ended September 30, 1994.
3) Description of Bills to and Payments by Associated Companies
Bills to Associated Companies:
There were no bills to associated companies during the
reporting period.
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Payments by Associated Companies:
Description Amount
Fiber Optic Equipment $ 7,783,233
Network Equipment 595,375
Organization Costs 181,173
Interest Charges 76,769
Installation Charges 205,442
Total $ 8,841,992
4) Description of Payments by CapRock to CSW Communications
There were no payments by CapRock to CSW Communications during
the reporting period.
In addition, under HCAR 35-26061, CSW Communications is
required to provide in its first such report, 1) its accounting
system 2) its billing procedure for charges to associated
companies and 3) its work order system.
1) Accounting System
CSW Communications voluntarily keeps its books and records in
accordance with the Uniform System of Accounts for
Telecommunications Companies as set forth in Title 47 of Code of
Federal Regulations Part 32 (47 CFR 32).
2) Billing Procedure to Associated Companies
Services performed on behalf of an associated company will be
billed, at cost, to the associated company benefiting from the
service. Associated companies will be billed for fiber leased.
Payments to CSW Communications by associated companies will be
made through the Central and South West Money Pool.
3) Work Order System
CSW Communications does not utilize a work order system.
However, Central and South West Services (CSWS), which provides
services to CSW Communications, utilizes work orders to capture
costs in accordance with the Securities and Exchange Commission's
Uniform System of Accounts for Mutual Service Companies and
Subsidiary Service Companies. Where more than one company is
involved in or benefits from a transaction or service performed
by CSWS, costs are allocated among the companies on the basis
most directly related to the transaction or service performed.
Costs incurred by CSWS which are not directly chargeable to one
or more of the CSW System companies are allocated among and
billed to the companies using an appropriate formula as
authorized by the Securities and Exchange Commission.
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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 Communications,
Inc. has duly caused this report to be signed on its behalf on
this 28th day of November 1994.
CSW COMMUNICATIONS, Inc.
/s/ SHIRLEY BRIONES
Shirley Briones
Treasurer
Exhibit 1
CSW COMMUNICATIONS, INC.
BALANCE SHEET
SEPTEMBER 30, 1994
Assets
Fiber Optic Equipment and Plant $ 7,988,675
Intangibles (Net of Accumulated Amortization) 172,998
Deferred Charges 50,000
Income Tax Benefit Receivable 29,731
Other Assets 595,375
Total Assets $ 8,836,779
Capitalization and Liabilities
Common Stock $ 1,000
Retained Earnings (55,213)
Total Capitalization (54,213)
Advances from Affiliates 8,890,992
Total Capitalization and Liabilities $ 8,836,779
Exhibit 2
CSW COMMUNICATIONS, INC.
STATEMENT OF INCOME
FOR THE QUARTER ENDED
SEPTEMBER 30, 1994
Revenue $ - -
Expenses
Interest Expense 76,769
Amortization 8,175
Income Taxes (29,731)
Total Expenses 55,213
Net Income (Loss) $ (55,213)
