|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: CENTRAL & SOUTH WEST CORP, 424B3, 1996-04-01 |
Next: CENTRAL TELEPHONE CO, 10-K405, 1996-04-01 |
<PAGE> 1
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 Fiber Network, Ltd. (CapRock) to CSW
Communications for such quarter.
1) CSW Communications' Balance Sheet
Refer to Exhibit 1 for CSW Communications' Balance Sheet at
December 31, 1995.
2) CSW Communications' Statement of Income
Refer to Exhibit 2 for CSW Communications' Statement of Income
for the Year Ended December 31, 1995.
<PAGE> 2
3) Description of Bills to and Payments by Associated Companies
Bills to Associated Companies:
Central Power and Light was billed $28,491 during the
reporting period for the reimbursement of operations and
maintenance expense.
Payments by (Receipts from) Associated Companies:
Description Amount
Receipts from CPL - Reimbursement of expenses $ (9,497)
Receipts from Corp - Advance (1,236,106)
Total receipts from Associated Companies $(1,245,603)
4) Description of Payments by CapRock to CSW Communications
There were no payments by CapRock to CSW Communications during
the reporting period.
Currently CapRock is in default of its obligations under the
Fiber System Lease and Option Agreement. The lease has been
terminated.
<PAGE> 3
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 29th day of March 1996.
CSW COMMUNICATIONS, Inc.
/s/ Shirley Briones
Shirley Briones
Treasurer
Exhibit 1
CSW COMMUNICATIONS, INC.
BALANCE SHEET
DECEMBER 31, 1995
Assets
Accounts Receivable - Affiliated $ 18,994
Fiber Optic Equipment and Plant 11,880,572
Intangibles (Net of Accumulated
Amortization) 105,856
Deferred Charges --
Income Tax Benefit Receivable 377,642
Other Assets 889,645
Total Assets $ 13,272,709
Capitalization and Liabilities
Common Stock $ 1,000
Retained Earnings (865,656)
Total Capitalization (864,656)
Advances from Affiliates 13,616,733
Deferred Income Taxes 520,632
Total Capitalization and Liabilities $ 13,272,709
Exhibit 2
CSW COMMUNICATIONS, INC.
STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1995
Revenue $ 28,491
Expenses
Interest Expense 679,780
Amortization 30,780
Income Taxes (926,052)
Deferred Federal Income Taxes 520,632
Administrative and General 418,171
Total Expenses 723,311
Net Loss $ (694,820)
|
|