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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2000
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________
Commission file number 1-4874
COLORADO INTERSTATE GAS COMPANY
(Exact name of registrant as specified in its charter)
Delaware 84-0173305
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Two North Nevada Avenue
Colorado Springs, Colorado 80903-1727
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (719) 473-2300
---------------------------
Registrant meets the conditions set forth in General Instructions H(1)(a)
and (b) of Form 10-Q and is therefore filing this Report with reduced disclosure
format.
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days. Yes X No _____
As of July 31, 2000, there were outstanding 10 shares of common stock of
the Registrant, $5.00 par value per share, its only class of common stock. None
of the voting stock of the Registrant is held by non-affiliates.
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<PAGE>
PART I
FINANCIAL INFORMATION
Item 1. Financial Statements.
The financial statements of Colorado Interstate Gas Company and its
subsidiaries (the "Company" or "Colorado") are presented herein and are
unaudited, except for balances as of December 31, 1999, and therefore are
subject to year- end adjustments; however, all adjustments which are, in the
opinion of management, necessary for a fair statement of the results of
operations for the periods covered have been made. The adjustments which have
been made are of a normal recurring nature. Such results are not necessarily
indicative of results to be expected for the year due to seasonal variations and
market conditions affecting natural gas sales and transportation services.
COLORADO INTERSTATE GAS COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Thousands of Dollars)
<TABLE>
<CAPTION>
June 30, December 31,
ASSETS 2000 1999
--------------- --------------
(Unaudited)
<S> <C> <C>
Current Assets:
Cash.................................................................... $ 628 $ 731
Notes receivable from affiliates........................................ 314,794 297,201
Accounts receivable..................................................... 27,747 48,808
Accounts receivable from affiliates..................................... 46,315 40,031
Materials and supplies.................................................. 8,159 8,303
Prepaid expenses........................................................ 210 419
Current portion of deferred income taxes................................ 40,964 39,505
--------------- --------------
438,817 434,998
--------------- --------------
Plant, Property and Equipment, at cost:
Gas pipeline............................................................ 1,271,161 1,248,949
Gas and oil properties, at full-cost.................................... 102,032 96,650
--------------- --------------
1,373,193 1,345,599
Accumulated depreciation, depletion and amortization.................... 722,268 704,790
--------------- --------------
650,925 640,809
--------------- --------------
Other Assets:
Investments............................................................. 64,336 64,336
Other deferred charges.................................................. 50,385 45,504
--------------- --------------
114,721 109,840
--------------- --------------
$ 1,204,463 $ 1,185,647
=============== ==============
</TABLE>
See Notes to Consolidated Financial Statements.
- 1 -
<PAGE>
COLORADO INTERSTATE GAS COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Thousands of Dollars)
<TABLE>
<CAPTION>
June 30, December 31,
LIABILITIES AND STOCKHOLDER'S EQUITY 2000 1999
--------------- --------------
(Unaudited)
<S> <C> <C>
Current Liabilities:
Notes payable to affiliates............................................. $ 327 $ 2,452
Accounts payable and accrued expenses................................... 129,787 119,215
Accounts payable to affiliates.......................................... 19,070 20,278
Taxes on income......................................................... 14,701 21,526
------------- ------------
163,885 163,471
------------- ------------
Debt:
Long-term debt.......................................................... 279,631 279,594
------------- ------------
Deferred Credits:
Deferred income taxes................................................... 123,018 118,168
Other................................................................... 42,230 40,888
------------- ------------
165,248 159,056
------------- ------------
Common Stock and Other Stockholder's Equity:
Common stock, $5 par value, authorized 10,000 shares; issued and
outstanding 10 shares at stated value................................ 27,561 27,561
Additional paid-in capital.............................................. 19,037 19,037
Retained earnings....................................................... 549,101 536,928
------------- ------------
595,699 583,526
------------- ------------
$ 1,204,463 $ 1,185,647
============= ============
</TABLE>
See Notes to Consolidated Financial Statements.
- 2 -
<PAGE>
COLORADO INTERSTATE GAS COMPANY AND SUBSIDIARIES
STATEMENT OF CONSOLIDATED EARNINGS
(Thousands of Dollars)
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------- ---------------------
2000 1999 2000 1999
---------- ---------- --------- ---------
(Unaudited) (Unaudited)
<S> <C> <C> <C> <C>
Revenues:
Operating revenues:
Nonaffiliates............................................. $ 58,924 $ 46,716 $ 137,039 $ 116,419
Affiliates................................................ 25,207 23,460 39,926 40,816
---------- ---------- --------- ---------
84,131 70,176 176,965 157,235
Other income - net........................................... 5,780 3,648 11,218 6,977
---------- ---------- --------- ---------
89,911 73,824 188,183 164,212
---------- ---------- --------- ---------
Costs and Expenses:
Operation and maintenance.................................... 43,370 37,859 78,150 66,904
Depreciation, depletion and amortization..................... 8,613 8,027 16,562 15,698
Interest expense............................................. 6,264 6,231 12,404 12,373
Taxes on income.............................................. 11,484 7,581 29,894 24,417
---------- ---------- --------- ---------
69,731 59,698 137,010 119,392
---------- ---------- --------- ---------
Net Earnings.................................................... $ 20,180 $ 14,126 $ 51,173 $ 44,820
========== ========== ========= =========
</TABLE>
See Notes to Consolidated Financial Statements.
- 3 -
<PAGE>
COLORADO INTERSTATE GAS COMPANY AND SUBSIDIARIES
STATEMENT OF CONSOLIDATED CASH FLOWS
(Thousands of Dollars)
<TABLE>
<CAPTION>
Six Months Ended
June 30,
---------------------------
2000 1999
----------- ----------
(Unaudited)
<S> <C> <C>
Cash Flow From Operating Activities:
Net earnings .................................................................. $ 51,173 $ 44,820
Add items not requiring cash:
Depreciation, depletion and amortization.................................... 16,562 15,698
Deferred income taxes....................................................... 3,384 6,754
Working capital and other changes, excluding changes relating to cash and
non-operating activities:
Receivables.............................................................. 21,061 16,543
Receivables from affiliates.............................................. (6,284) 10,263
Materials and supplies................................................... 144 229
Prepaid expenses......................................................... 209 203
Accounts payable and accrued expenses.................................... 10,572 (19,353)
Accounts payable to affiliates........................................... (1,208) (26,154)
Taxes on income.......................................................... (6,825) (14,873)
Other.................................................................... (2,799) 2,217
----------- ----------
85,989 36,347
----------- ----------
Cash Flow from Investing Activities:
Purchases of plant, property and equipment..................................... (27,575) (14,114)
Proceeds from sale of plant, property and equipment............................ 201 435
Investments in related parties................................................. - 12,034
Net increase in notes receivable from affiliates............................... (17,593) (34,569)
----------- ----------
(44,967) (36,214)
----------- ----------
Cash Flow from Financing Activities:
Net (decrease) increase in notes payable to affiliates......................... (2,125) 206
Common dividends paid.......................................................... (39,000) -
----------- ----------
(41,125) 206
----------- ----------
Net (Decrease) Increase in Cash................................................... (103) 339
Cash at Beginning of Period....................................................... 731 109
----------- ----------
Cash at End of Period............................................................. $ 628 $ 448
=========== ==========
</TABLE>
See Notes to Consolidated Financial Statements.
- 4 -
<PAGE>
COLORADO INTERSTATE GAS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1. Summary of Significant Accounting Policies
For additional information relative to operations and financial position,
reference is made to the Company's Annual Report on Form 10-K for the fiscal
year ended December 31, 1999. Certain minor reclassifications of prior period
statements have been made to conform with current reporting practices. The
effect of the reclassifications was not material to the Company's consolidated
results of operations, financial position or cash flows.
The Financial Accounting Standards Board has issued Statement of Financial
Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging
Activities" ("FAS 133"), as amended by Statements of Financial Accounting
Standards No. 137 and No. 138, to be effective for all fiscal quarters of fiscal
years beginning after June 15, 2000. FAS 133 requires that an entity recognize
all derivatives as either assets or liabilities in the statement of financial
position and measure those instruments at fair value. The accounting for changes
in the fair value of a derivative will depend on the intended use of the
derivative and the resulting designation. The Company is currently evaluating
the impact, if any, of FAS 133.
The Company may periodically enter into swaps, futures and other contracts
to hedge the price risk of natural gas anticipated to be sod. The Company defers
the impact of changes in the market value of these contracts until such time as
the hedged transaction is completed. At that time, the impact of the changes in
the fair market value of these contracts is recognized in income.
Supplemental information relative to the Statement of Consolidated Cash
Flows includes the following: cash payments the Company made for interest and
financing fees, net of amounts capitalized, were $12.4 million for each of the
six-month periods ended June 30, 2000 and 1999. Cash payments for income taxes
amounted to $33.3 million and $32.6 million for the six-month periods ended June
30, 2000 and 1999, respectively.
2. Income Taxes
Provisions for income taxes are composed of the following (thousands of
dollars):
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------- ---------------------
2000 1999 2000 1999
---------- ---------- --------- ---------
(Unaudited) (Unaudited)
<S> <C> <C> <C> <C>
Current Income Taxes:
Federal................................................... $ 9,656 $ 4,320 $ 24,743 $ 16,687
State..................................................... 317 288 1,767 976
---------- ---------- --------- ---------
9,973 4,608 26,510 17,663
---------- ---------- --------- ---------
Deferred Income Taxes:
Federal................................................... 1,329 2,627 3,057 6,050
State..................................................... 182 346 327 704
---------- ---------- --------- ---------
1,511 2,973 3,384 6,754
---------- ---------- --------- ---------
Taxes on Income.............................................. $ 11,484 $ 7,581 $ 29,894 $ 24,417
========== ========== ========= =========
<FN>
Interim period provisions for income taxes are based on estimated
effective annual income tax rates.
</FN>
</TABLE>
3. Common Stock
All of the issued and outstanding common stock of the Company is owned by
Coastal Natural Gas Company, a wholly owned subsidiary of The Coastal
Corporation ("Coastal"). Therefore, earnings and cash dividends per common share
have no significance and are not presented.
- 5 -
<PAGE>
4. Segment Information
The Company's operating revenues from external customers and intersegment
revenues and earnings before interest and income taxes for the three and six
months ended June 30, 2000 and 1999 are shown as follows (thousands of dollars):
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------- ---------------------
2000 1999 2000 1999
---------- ---------- --------- ---------
(Unaudited) (Unaudited)
<S> <C> <C> <C> <S>
Operating Revenues:
Natural gas.................................................. $ 79,910 $ 65,636 $ 169,824 $ 149,337
Exploration and production................................... 4,221 4,551 7,141 7,921
Exploration and production intersegment revenue
eliminations............................................... - (11) - (23)
---------- ---------- --------- ---------
Consolidated Totals....................................... $ 84,131 $ 70,176 $ 176,965 $ 157,235
========== ========== ========= =========
Earnings Before Interest and Income Taxes:
Natural gas.................................................. $ 35,177 $ 26,939 $ 88,574 $ 80,519
Exploration and production................................... 2,751 999 4,897 1,091
---------- ---------- --------- ---------
Consolidated Totals....................................... $ 37,928 $ 27,938 $ 93,471 $ 81,610
========== ========== ========= =========
</TABLE>
5. Litigation, Environmental and Regulatory Matters
Litigation Matters
In December 1992, certain of Colorado's natural gas lessors in the West
Panhandle Field filed a complaint in the U.S. District Court, Northern District
of Texas, claiming underpayment of royalties, breach of fiduciary duty, fraud
and negligent misrepresentation. Management believes that Colorado has numerous
defenses to the lessors' claims, including (i) that the royalties were properly
paid, (ii) that the majority of the claims were released by written agreement,
and (iii) that the majority of the claims are barred by the statute of
limitations. In March of 1995, the trial court granted a partial summary
judgment in favor of Colorado, holding that the four-year statute of limitations
had not been tolled and the releases are valid and dismissing all tort claims
and claims for breach of any duty of disclosure. The remaining claim for
underpayment of royalties was tried to a jury which, in May 1995, made findings
favorable to Colorado. On June 7, 1995, the trial court entered a judgment that
the lessors recover no monetary damages from Colorado and permanently estopping
the lessors from asserting any claim based on an interpretation of the contract
different than that asserted by Colorado in the litigation. The lessors' motion
for new trial was denied on July 18, 1997, and both parties filed appeals. On
June 7, 1996, the same plaintiffs sued Colorado in state court in Amarillo,
Texas, for underpayment of royalties. Colorado removed the second lawsuit to
federal court which granted a stay of the second lawsuit pending the outcome of
the first lawsuit. Oral arguments were heard before the Fifth Circuit Court of
Appeals on December 4, 1998, and the parties are awaiting the Court's decision.
Two legal proceedings, one in federal court and the other in state court,
have been instituted against a number of gas pipeline companies and their
affiliates, including Colorado, Coastal and several of Coastal's other
subsidiaries. The plaintiffs in each suit seek damages for the alleged
undermeasurement of the heating value and the volume of natural gas. In the
federal proceeding, Jack Grynberg filed 77 separate False Claim Act suits in
September 1997 against natural gas transmission companies and producers,
gatherers, and processors of natural gas, seeking unspecified damages which
could include treble damages for the maximum period permitted by law
(potentially as much as ten years) and penalties of up to $10,000 per false
claim. In addition to the measurement claims, these suits also allege that the
defendants undervalued the gas in paying royalties. The Coastal defendants were
sued in the U.S. District Courts of Colorado and the Eastern District of
Michigan. In April 1999, the U.S. Department of Justice notified the Company
that the United States would not intervene in these cases at that time. The
MultiDistrict Litigation Panel has consolidated the Grynberg suits with several
other Grynberg cases for pre-trial proceedings in Wyoming. The defendants filed
a motion to dismiss
- 6 -
<PAGE>
which was argued in March 2000, and the parties are awaiting the Court's
decision. The United States has filed a motion to dismiss part of the Grynberg
case.
In the state proceedings, the Quinque Operating Company, on behalf of
itself and subclasses of gas producers, royalty owners, overriding royalty
owners, and state taxing authorities, in May 1999, instituted a legal proceeding
in State Court in Stevens County, Kansas against over 200 gas companies,
including Colorado and several other Coastal subsidiaries. The Quinque suit
seeks unspecified actual, punitive and treble damages for the alleged
undermeasurement of all natural gas measured in the United States from
non-federal and non-Indian lands since 1974. The plaintiffs are seeking
certification of a national class of all similarly situated gas producers,
royalty owners, overriding royalty owners, and state taxing authorities. The
suit was removed to the U.S. District Court for the District of Kansas. The
plaintiffs filed a motion to remand the case back to the state court. The
MultiDistrict Litigation Panel has transferred the Quinque suit to Wyoming and
consolidated it with the Grynberg proceedings as a result of a motion filed by
several of the defendants in the Quinque suit.
Other lawsuits and other proceedings which have arisen in the ordinary
course of business are pending or threatened against the Company or its
subsidiaries. Although no assurances can be given and no determination can be
made at this time as to the outcome of any particular lawsuit or proceeding, the
Company believes there are meritorious defenses to substantially all of the
above claims and that any liability which may finally be determined should not
have a material adverse effect on the Company's consolidated financial position
or results of operations.
Environmental Matters
The Company's operations are subject to extensive and evolving federal,
state and local environmental laws and regulations which may affect such
operations and costs as a result of their effect on the construction, operation,
and maintenance of its pipeline and production facilities. Compliance with such
laws and regulations can be costly. Additionally, governmental authorities may
enforce the laws and regulations with a variety of civil and criminal
enforcement measures, including monetary penalties and remediation requirements.
Future information and developments, including legislative and enforcement
developments, will require the Company to continually reassess the expected
impact of these environmental matters. However, the Company has evaluated its
total environmental exposure based on currently available data, including its
potential joint and several liability, and believes that compliance with all
applicable laws and regulations will not have a material adverse impact on the
Company's consolidated financial position or results of operations.
Regulatory Matters
Certain regulatory issues remain unresolved among the Company, its
customers, its suppliers and the Federal Energy Regulatory Commission. The
Company has made provisions which represent management's assessment of the
ultimate resolution of these issues. As a result, the Company anticipates that
these regulatory matters will not have a material adverse effect on its
consolidated financial position or results of operations. While the Company
estimates the provisions to be adequate to cover potential adverse rulings on
these and other issues, it cannot estimate when each of these issues will be
resolved.
6. Merger
Coastal and El Paso Energy Corporation ("El Paso Energy") announced, on
January 18, 2000, the execution of definitive agreements for the merger of
Coastal and a subsidiary of El Paso Energy. Each share of Coastal common stock
and Class A common stock will be converted on a tax-free basis (except for cash
paid in lieu of fractional shares) into 1.23 shares of El Paso Energy common
stock. The outstanding convertible preferred stock of Coastal will be exchanged
tax free (except for cash paid in lieu of fractional shares) for El Paso Energy
common stock on the same basis as if the preferred stock had been converted into
Coastal common stock immediately prior to the merger. On May 5, 2000, the merger
was approved by the shareholders of Coastal and El Paso Energy. It is expected
that the merger will be completed during the fourth quarter of 2000 and be
accounted for as a pooling of interests. The merger is subject to additional
conditions, particularly federal regulatory approval.
- 7 -
<PAGE>
Item 2. Management's Discussion and Analysis of Financial Condition
and Results of Operations.
This report includes certain forward-looking statements. The
forward-looking statements reflect the Company's expectations, objectives and
goals with respect to future events and financial performance, and are based on
assumptions and estimates which the Company believes are reasonable. However,
actual results could differ materially from anticipated results. Important
factors which may affect the actual results include, but are not limited to,
commodity prices, political developments, market and economic conditions,
industry competition, the weather, changes in financial markets and changing
legislation and regulations. The forward-looking statements contained in this
Report are intended to qualify for the safe harbor provisions of Section 21E of
the Securities Exchange Act of 1934, as amended.
The Notes to Consolidated Financial Statements contain information that is
pertinent to the following analysis.
The information required by this Item is presented in a reduced disclosure
format pursuant to General Instruction (H) of Form 10-Q.
Results of Operations
The change in the Company's earnings for the three- and six-month periods
ended June 30, 2000, in comparison to the corresponding periods in 1999, is a
result of the following:
Operating Revenues. The operating revenues by segment were as follows
(thousands of dollars):
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------- ---------------------
2000 1999 2000 1999
---------- ---------- --------- ---------
(Unaudited) (Unaudited)
<S> <C> <C> <C> <C>
Natural gas............................................. $ 79,910 $ 65,636 $ 169,824 $ 149,337
Exploration and production.............................. 4,221 4,551 7,141 7,921
Eliminations............................................ - (11) - (23)
---------- ---------- --------- ---------
$ 84,131 $ 70,176 $ 176,965 $ 157,235
========== ========== ========= =========
</TABLE>
Earnings Before Interest and Income Taxes. The earnings before interest and
income taxes by segment were as follows (thousands of dollars):
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------- ---------------------
2000 1999 2000 1999
---------- ---------- --------- ---------
(Unaudited) (Unaudited)
<S> <C> <C> <C> <C>
Natural gas............................................. $ 35,177 $ 26,939 $ 88,574 $ 80,519
Exploration and production.............................. 2,751 999 4,897 1,091
---------- ---------- --------- ---------
$ 37,928 $ 27,938 $ 93,471 $ 81,610
========== ========== ========= =========
</TABLE>
Natural Gas. The increase in operating revenues of $14.3 million for the
three months ended June 30, 2000 from the comparable 1999 period is due to an
$11.1 million increase related to average gas sales prices, primarily related to
a $5.8 million gas sales contract balancing adjustment, a $2.6 million increase
related to extracted products revenue, a $1.0 million increase related to
incidental gasoline and oil sales and other net increases of $.7 million,
partially offset by a $1.1 million decrease related to gas sales volumes. The
increase in operating revenues of $20.5 million for the six months ended June
30, 2000 from the comparable 1999 period is due to a $14.1 million increase
related to average gas sales prices, $5.8 million of which relates to the
adjustment noted above, a $4.8 million increase related to extracted products
revenue, a $2.5 million increase related to incidental gasoline and oil sales, a
$1.4 million increase related to
- 8 -
<PAGE>
increased gas transportation revenues and other net increases of $.6 million,
partially offset by a $2.9 million decrease related to gas sales volumes.
Other income - net increased $2.0 million for the three-month period and
$3.8 million for the six-month period ended June 30, 2000 from the respective
periods in 1999 due to increased interest income from affiliates.
Operation and maintenance expenses increased by $6.6 million for the three
months ended June 30, 2000 from the comparable period in 1999 due to a $3.5
million increase related to gas royalties, transportation and net gas system
balancing requirements, a $1.2 million increase in taxes other than income
taxes, a $1.0 million increase in salaries and benefits and other net increases
of $.9 million. Operation and maintenance expenses increased by $13.5 million
for the six months ended June 30, 2000 from the comparable period in 1999 due to
a $4.8 million increase related to gas royalties, transportation and net gas
system balancing requirements, a $2.8 million increase in taxes other than
income taxes, a $2.3 million non-recurring adjustment to benefits made in 1999,
a $1.8 million increase in salaries and benefits and other net increases of $1.8
million.
Depreciation, depletion and amortization increased $1.5 million for the
three-month and $2.7 million for the six- month periods ended June 30, 2000 from
the comparable periods in 1999 due primarily to increased depreciable plant.
Exploration and Production. The decrease in operating revenues of $.3
million for the three months ended June 30, 2000 from the comparable 1999 period
is primarily due to a $2.1 million decrease related to gas sales volumes
partially offset by a $1.5 million increase related to average natural gas sales
prices and other net increases of $.3 million. The decrease in operating
revenues of $.8 million for the six months ended June 30, 2000 from the
comparable 1999 period is primarily due to a $3.8 million decrease related to
gas sales volumes partially offset by a $2.7 million increase related to average
natural gas sales prices and other net increases of $.3 million.
Other income - net increased by $.1 million for the three-month and $.4
million for the six-month periods ended June 30, 2000 from the respective 1999
periods as a result of increased interest income from affiliates.
Operation and maintenance expenses decreased by $1.1 million for the
three-month period and $2.3 million for the six-month period ended June 30, 2000
from the respective 1999 periods primarily as a result of lower production
volumes and decreased management service fees.
Depreciation, depletion and amortization expenses decreased by $1.0 million
for the three-month period and $1.9 million for the six-month period ended June
30, 2000 from the comparable 1999 periods due to lower production volumes.
Taxes on Income. The income tax increase for the three-month and six-month
periods ended June 30, 2000 compared to the same periods in 1999 is due
primarily to increased earnings before income taxes.
- 9 -
<PAGE>
PART II
OTHER INFORMATION
Item 1. Legal Proceedings.
The information required hereunder is incorporated by reference into
Part II of this Report from Note 5 of the Notes to Consolidated Financial
Statements set forth in Part I of this Report.
Item 2. Changes in Securities.
None.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
Item 5. Other Information.
None.
Item 6. Exhibits and Reports on Form 8-K.
(a) Exhibits.
(27) Financial Data Schedule.
(b) Reports on Form 8-K.
No reports on Form 8-K were filed during the quarter ended June
30, 2000.
SIGNATURES
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.
COLORADO INTERSTATE GAS COMPANY
(Registrant)
Date: August 10, 2000 By: DAN A. HOMEC
------------------------------------
Dan A. Homec
Assistant Vice President
and Controller
(As Authorized Officer and
Chief Accounting Officer)
- 10 -
<PAGE>
INDEX TO EXHIBITS
Exhibit
Number Description
-------------------------------------------------------------------------------
27 Financial Data Schedule
- 11 -
