Form U-13-60
Mutual and Subsidiary Service Companies
Revised February 7, 1980
ANNUAL REPORT
For The Period
Beginning January 1, 1994 and Ending December 31, 1994
TO THE
U. S. SECURITIES AND EXCHANGE COMMISSION
OF
SOUTHERN COMPANY SERVICES, INC.
(Exact Name of Reporting Company)
SUBSIDIARY SERVICE COMPANY
("Mutual" or "Subsidiary")
Date of Incorporation April 21, 1949 If not Incorporated, Date of
Organization
State or Sovereign Power Under Which Incorporated or Organized State
Alabama
Location of Principal Executive Offices of Reporting Company
800 Shades Creek Parkway
Birmingham, Alabama 35209
Name, title, and address of officer to whom correspondence concerning
this report should be addressed:
Vice President 64 Perimeter Center East
W. Dean Hudson and Comptroller Atlanta, Georgia 30346
(Name) (Title) (Address)
Name of Principal Holding Company Whose Subsidiaries are served by
Reporting Company:
THE SOUTHERN COMPANY
<PAGE>
INSTRUCTIONS FOR USE OF FORM U-13-60
1. Time of Filing.--Rule 94 provides that on or before the first
day of May in each calendar year, each mutual service company
and each subsidiary service company as to which the Commission
shall have made a favorable finding pursuant to Rule 88, and
every service company whose application for approval or
declaration pursuant to Rule 88 is pending shall file with the
Commission an annual report on form U-13-60 and in accordance
with the Instructions for that form.
2. Number of Copies.--Each annual report shall be filed in
duplicate. The company should prepare and retain at least one
extra copy for itself in case correspondence with reference to
the report become necessary.
3. Period Covered by Report.--The first report filed by any
company shall cover the period from the date the Uniform
System of Accounts was required to be made effective as to
that company under Rules 82 and 93 to the end of that calendar
year. Subsequent reports should cover a calendar year.
4. Report Format.--Reports shall be submitted on the forms
prepared by the Commission. If the space provided on any sheet
of such form is inadequate, additional sheets may be inserted
of the same size as a sheet of the form or folded to such
size.
5. Money Amounts Displayed.--All money amounts required to be
shown in financial statements may be expressed in whole
dollars, in thousands of dollars or in hundred thousands of
dollars, as appropriate and subject to provisions of
Regulation S-X ( 210.3-01(b)).
6. Deficits Displayed.--Deficits and other like entries shall be indicated
by the use of either brackets or a parenthesis with corresponding
reference in footnotes. (Regulation S-X, 210.3-01(c))
7. Major Amendments or Corrections.--Any company desiring to
amend or correct a major omission or error in a report after
it has been filed with the Commission shall submit an amended
report including only those pages, schedules, and entries that
are to be amended or corrected. A cover letter shall be
submitted requesting the Commission to incorporate the amended
report changes and shall be signed by a duly authorized
officer of the company.
<PAGE>
INSTRUCTIONS FOR USE OF FORM U-13-60
(Continued)
8. Definitions.--Definitions contained in Instruction 01-8 to the
Uniform System of Accounts for Mutual Service companies and
Subsidiary Service companies, Public Utility Holding Company
Act of 1935, as amended February 2, 1979 shall be applicable
to words or terms used specifically within this Form U-13-60.
9. Organization Chart.--The service company shall submit with
each annual report a copy of its current organization chart.
10. Methods of Allocation.--The service company shall submit with
each annual report a listing of the currently effective
methods of allocation being used by the service company and on
file with the Securities and Exchange Commission pursuant to
the Public Utility Holding Company Act
of 1935.
11. Annual Statement of Compensation for Use of Capital
Billed.--The service company shall submit with each annual
report a copy of the annual statement supplied to each
associate company in support of the amount of compensation for
use of capital billed during the calendar year.
<PAGE>
2
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
Schedule or Page
Description of Schedules and Accounts Account Number Number
COMPARATIVE BALANCE SHEET Schedule I 4-5
SERVICE COMPANY PROPERTY Schedule II 6-7
ACCUMULATED PROVISION FOR DEPRECIATION
AND AMORTIZATION OF SERVICE COMPANY
PROPERTY Schedule III 8
INVESTMENTS Schedule IV 9
ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES Schedule V 10
FUEL STOCK EXPENSES UNDISTRIBUTED Schedule VI 11
STORES EXPENSE UNDISTRIBUTED Schedule VII 12
MISCELLANEOUS CURRENT AND ACCRUED
ASSETS Schedule VIII 13
MISCELLANEOUS DEFERRED DEBITS Schedule IX 14
RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES Schedule X 15
PROPRIETARY CAPITAL Schedule XI 16
LONG-TERM DEBT Schedule XII 17
CURRENT AND ACCRUED LIABILITIES Schedule XIII 18
NOTES TO FINANCIAL STATEMENTS Schedule XIV 19
COMPARATIVE INCOME STATEMENT Schedule XV 20
ANALYSIS OF BILLING - ASSOCIATE
COMPANIES Account 457 21
ANALYSIS OF BILLING - NONASSOCIATE
COMPANIES Account 458 22
ANALYSIS OF CHARGES FOR SERVICE - ASSOCIATE
AND NONASSOCIATE COMPANIES Schedule XVI 23
<PAGE>
3
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS (Continued)
Schedule or Page
Description of Schedules and Accounts Account Number Number
SCHEDULE OF EXPENSE BY DEPARTMENT OR
SERVICE FUNCTION Schedule XVII 24-25
DEPARTMENTAL ANALYSIS OF SALARIES Account 920 26
OUTSIDE SERVICES EMPLOYED Account 923 27
EMPLOYEE PENSIONS AND BENEFITS Account 926 28
GENERAL ADVERTISING EXPENSES Account 930.1 29
MISCELLANEOUS GENERAL EXPENSES Account 930.2 30
RENTS Account 931 31
TAXES OTHER THAN INCOME TAXES Account 408 32
DONATIONS Account 426.1 33
OTHER DEDUCTIONS Account 426.5 34
NOTES TO STATEMENT OF INCOME Schedule XVIII 35
FINANCIAL DATA SCHEDULE Schedule XIX 36
ORGANIZATION CHART 37
METHODS OF ALLOCATION 38
ANNUAL STATEMENT OF COMPENSATION FOR USE
OF CAPITAL BILLED 39
<PAGE>
4
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
(Thousands of Dollars)
SCHEDULE I - COMPARATIVE BALANCE SHEET
Give balance sheet of the Company as of December 31 of the current
and prior year.
ACCOUNT ASSETS AND OTHER DEBITS AS OF DECEMBER 31
CURRENT PRIOR
SERVICE COMPANY PROPERTY
101 Service company property (Schedule II) 255,116 281,412
107 Construction work in progress (Schedule II) 15,798 13,248
Total Property 270,914 294,660
108 Less accumulated provision for depreciation
and amortization of service company
property (Schedule III) 136,138 155,817
Net Service Company Property 134,776 138,843
INVESTMENTS
123 Investments in associate companies (Schedule IV) - -
124 Other investments (Schedule IV) 2,880 2,794
Total Investments 2,880 2,794
CURRENT AND ACCRUED ASSETS
131 Cash - 352
134 Special deposits - -
135 Working funds 99 51
136 Temporary cash investments (Schedule IV) - -
141 Notes receivable 60 70
143 Accounts receivable 29,344 24,095
146 Accounts receivable from associate
companies (Schedule V) 81,132 70,829
152 Fuel stock expenses undistributed (Schedule VI) - -
154 Materials and supplies 1,541 2,389
163 Stores expense undistributed (Schedule VII) - -
165 Prepayments 2,334 4,058
174 Miscellaneous current and accrued assets
(Schedule VIII) - -
Total Current and Accrued Assets 114,510 101,844
DEFERRED DEBITS
181 Unamortized debt expense 3 29
184 Clearing accounts 106 -
186 Miscellaneous deferred debits (Schedule IX) 789 614
188 Research, development, or demonstration
expenditures (Schedule X) - -
190 Accumulated deferred income taxes - -
Total Deferred Debits 898 643
TOTAL ASSETS AND OTHER DEBITS 253,064 244,124
======= =======
<PAGE>
5
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
(Thousands of Dollars)
SCHEDULE I - COMPARATIVE BALANCE SHEET
ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL AS OF DECEMBER 31
CURRENT PRIOR
PROPRIETARY CAPITAL
201 Common stock issued (Schedule XI) 725 725
211 Miscellaneous paid-in-capital (Schedule XI) 59 56
215 Appropriated retained earnings (Schedule XI) - -
216 Unappropriated retained earnings
(Schedule XI) - -
Total Proprietary Capital 784 781
LONG-TERM DEBT
223 Advances from associate companies (Schedule XII) - -
224 Other long-term debt (Schedule XII) 74,048 74,476
225 Unamortized premium on long-term debt - -
226 Unamortized discount on long-term debt-debit - -
Total Long-Term Debt 74,048 74,476
CURRENT AND ACCRUED LIABILITIES
231 Notes payable 12,428 28,632
232 Accounts payable 22,484 18,007
233 Notes payable to associated companies
(Schedule XIII) 15,050 4,000
234 Accounts payable to associate companies
(Schedule XIII) 23,316 41,000
236 Taxes accrued 346 150
237 Interest accrued 207 128
238 Dividends declared - -
241 Tax collections payable 1,409 531
242 Miscellaneous current and accrued
liabilities (Schedule XIII) 42,196 32,989
Total Current and Accrued Liabilities 117,436 125,437
DEFERRED CREDITS
253 Other deferred credits 60,796 43,430
255 Accumulated deferred investment tax credits - -
Total Deferred Credits 60,796 43,430
282 ACCUMULATED DEFERRED INCOME TAXES - -
TOTAL LIABILITIES AND PROPRIETARY
CAPITAL 253,064 244,124
======= =======
<PAGE>
6
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE II
SERVICE COMPANY PROPERTY
BALANCE AT BALANCE AT
BEGINNING RETIREMENTS OTHER 1/ CLOSE OF
DESCRIPTION OF YEAR ADDITIONS OR SALES CHANGES YEAR
SERVICE COMPANY PROPERTY
Account
301 ORGANIZATION - - - - -
303 MISCELLANEOUS
INTANGIBLE PLANT - - - - -
304 LAND & LAND RIGHTS 2,311 - (492) - 1,819
305 STRUCTURES AND
IMPROVEMENTS 71,861 - (17,452) (1,010) 53,399
306 LEASEHOLD
IMPROVEMENTS 24,869 2,217 - (688) 26,398
307 EQUIPMENT 2/ 105,834 10,633 (11,479) (19) 104,969
308 OFFICE FURNITURE
AND EQUIPMENT 30,562 3,739 (9,559) 1,034 25,776
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT 3,389 738 (634) 24 3,517
310 AIRCRAFT AND
AIRPORT EQUIPMENT 28,692 1 (1) - 28,692
311 OTHER SERVICE COMPANY
PROPERTY 3/ 13,894 2,436 (5,756) (28) 10,546
SUB-TOTAL 281,412 19,764 (45,373) (687) 255,116
107 CONSTRUCTION WORK
IN PROGRESS 4/ 13,248 112,706 - (110,156)(1) 15,798
TOTAL 294,660 132,470 (45,373) (110,843) 270,914
======= ======= ======= ======== =======
1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
(1) Transfer of equipment to Southern Communications.
( ) Denotes red figure.
<PAGE>
7
SCHEDULE II-CONTINUED
(Thousands of Dollars)
2/ SUBACCOUNTS ARE REQUIRED FOR EACH CLASS OF EQUIPMENT OWNED. THE
SERVICE COMPANY SHALL PROVIDE A LISTING BY SUBACCOUNT OF
EQUIPMENT ADDITIONS DURING THE YEAR AND THE BALANCE AT THE
CLOSE OF THE YEAR:
BALANCE AT
CLOSE OF
SEC/CLASS SUBACCOUNT DESCRIPTION ADDITIONS YEAR
307/02 Research & Laboratory Equip. 172 900
307/03 Word Processing/Office
Automation Equip. 667 3,453
307/04 Personal Computer Equip. 6,416 31,712
307/05 Computer Equipment 2,249 54,514
307/11 Telephone Systems 157 6,493
307/12 Telecommunications Equip. 972 7,897
308/01 Furniture & Fixtures 3,187 20,380
308/09 Data Handling Equipment
& Miscellaneous 552 5,396
309/08 Autos, Trucks & Trailers 738 3,517
310/07 Aircraft 1 28,692
311/10 Software 2,436 8,854
311/13 Coal Pilot Scale Combustion
Facility - 1,671
311/14 Boats - 21
TOTAL 17,547 173,500
====== =======
3/ DESCRIBE OTHER SERVICE COMPANY PROPERTY:
1. Purchased computer software and software licenses.
2. Pulverized coal pilot scale combustion facility.
3. Boats, motors, & trailers
4/ DESCRIBE CONSTRUCTION WORK IN PROGRESS:
A. An energy management system for the Southern Electric System to be
located at Birmingham, Alabama.
B. Equipment for Southern Communications.
( ) Denotes red figure.
<PAGE>
8
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE III
ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY
ADDITIONS OTHER
BALANCE AT CHARGED CHARGES BALANCE AT
BEGINNING TO ADD CLOSE OF
DESCRIPTION OF YEAR ACCT #403 RETIREMENTS (DEDUCT)1/ YEAR
Account
301 ORGANIZATION - - - - -
303 MISCELLANEOUS
INTANGIBLE PLANT - - - - -
304 LAND & LAND RIGHTS - - - - -
305 STRUCTURES AND
IMPROVEMENTS 29,478 1,719 (11,593) - 19,604
306 LEASEHOLD
IMPROVEMENTS 9,768 943 - - 10,711
307 EQUIPMENT 80,907 9,886 (10,951) - 79,842
308 OFFICE FURNITURE
AND FIXTURES 17,698 2,803 (9,505) - 10,997
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT 1,786 483 (460) 7 1,816
310 AIRCRAFT AND
AIRPORT EQUIPMENT 6,975 980 (1) - 7,954
311 OTHER SERVICE
COMPANY PROPERTY 9,205 1,670 (5,739) 79 5,215
TOTAL 155,817 18,484 (38,249) 86 136,138
======= ====== ======= ==== =======
1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
NONE
( ) Denotes red figure.
<PAGE>
9
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE IV
INVESTMENTS
INSTRUCTIONS: Complete the following schedule concerning investments.
Under Account 124, "Other Investments", state each
investment separately, with description, including
the name of issuing company, number of shares or
principal amount, etc.
Under Account 136, "Temporary Cash Investments",
list each investment separately.
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
ACCOUNT 123 - INVESTMENT IN ASSOCIATE
COMPANIES - -
ACCOUNT 124 - OTHER INVESTMENTS
Employee Energy Loans 1,746 1,842
Energy Insurance Mutual LTD - Reserve 11 11
ACE Limited - Reserve 69 69
Employee Computer Loans 866 866
Notes Receivable 91 87
Miscellaneous 11 5
ACCOUNT 136 - TEMPORARY CASH INVESTMENTS - -
TOTAL 2,794 2,880
===== =====
<PAGE>
10
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE V
ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
INSTRUCTIONS: Complete the following schedule listing accounts receivable
from each associate company. Where the service company has
provided accommodation or convenience payments for associate
companies, a separate listing of total payments for each
associate company by subaccount should be provided.
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
The Southern Company 1,739 3,403
Alabama Power Company 13,113 15,355
Georgia Power Company 19,381 26,306
Gulf Power Company 13,305 5,346
Mississippi Power Company 9,183 4,893
Savannah Electric and Power Company 5,986 4,921
Southern Communications Services, Inc. - 9,638
Southern Development & Investment Group, Inc. 2 1
Southern Electric Generating Company 764 384
Southern Electric International, Inc. 2,208 1,986
Southern Electric Railroad 40 19
Southern Nuclear Operating Company 5,108 8,397
Trustee for SCS Pension - 483
TOTAL 70,829 81,132
====== ======
ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS: TOTAL
PAYMENTS
The Southern Company 2,797
Alabama Power Company 59,165
Georgia Power Company 128,367
Gulf Power Company 17,258
Mississippi Power Company 65,008
Savannah Electric and Power Company 49,462
Southern Communications Services, Inc. 9,717
Southern Development & Investment Group, Inc. -
Southern Electric Generating Company 498
Southern Electric International, Inc. 51,116
Southern Electric Railroad -
Southern Nuclear Operating Company 15,194
Trustee for SCS Pension 483
The major portion of the above expenses consists of the Integrated
System Power Pool transactions, transactions relating to the System
Pension Plan, transactions relating to the Employee Savings Plan and
transactions relating to the Employee Stock Ownership Plan.
TOTAL PAYMENTS 399,065
=======
<PAGE>
11
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE VI
FUEL STOCK EXPENSES UNDISTRIBUTED
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to fuel stock expenses during the year and indicate amount
attributable to each associate company. Under the section
headed "Summary" listed below give an overall report of the
fuel functions performed by the service company.
DESCRIPTION LABOR EXPENSES TOTAL
ACCOUNT 152 - FUEL STOCK EXPENSES
UNDISTRIBUTED 3,134 2,804 5,938
Total amount billed during current year as follows:
Associated Companies
The Southern Company - - -
Alabama Power Company (958) (976) (1,934)
Georgia Power Company (1,278) (980) (2,258)
Gulf Power Company (250) (188) (438)
Mississippi Power Company (295) (243) (538)
Savannah Electric and Power Company (67) (62) (129)
Southern Electric Generating Company (75) (77) (152)
Southern Electric International, Inc. (158) (165) (323)
Southern Electric Railroad (53) (113) (166)
Subtotal (3,134) (2,804) (5,938)
Nonassociated Companies - - -
TOTAL 0 0 0
======= ===== =====
( ) Denotes red figure.
SUMMARY: Fuel services performed by the service company consists of acting
as agent on behalf of all the system operating companies on fossil
related matters as defined in an operating agreement with each
company.
<PAGE>
12
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE VII - STORES EXPENSE UNDISTRIBUTED
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to stores expense during the year and indicate amount
attributable to each associate company.
DESCRIPTION LABOR EXPENSES TOTAL
ACCOUNT 163 - STORES EXPENSE UNDISTRIBUTED
NOT APPLICABLE
TOTAL ====== ======= ======
<PAGE>
13
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE VIII
MISCELLANEOUS CURRENT AND ACCRUED ASSETS
INSTRUCTIONS: Provide detail of items in this account. Items less than
$10,000 may be grouped, showing the number of items in each
group.
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
ACCOUNT 174 - MISCELLANEOUS CURRENT AND
ACCRUED ASSETS - -
NOT APPLICABLE
<PAGE>
14
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE IX
MISCELLANEOUS DEFERRED DEBITS
INSTRUCTIONS: Provide detail of items in this account. Items less than
$10,000 may be grouped, showing the number of items in each
class.
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS
New York State Teachers Retirement System 77 -
Deposit for Georgia Sales and Use Tax 13 17
Wilsonville Clean-up 448 581
Payroll Taxes - 180
Expenses Deferred Until 1994 76 -
Expenses Deferred Until 1995 - 11
Total 614 789
=== ===
<PAGE>
15
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE X
RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES
INSTRUCTIONS: Provide a description of each material research, development,
or demonstration project which incurred costs by the service
corporation during the year.
DESCRIPTION AMOUNT
ACCOUNT 188 - RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES 42,632
Total amount billed/incurred during current year as follows:
Associate Companies
Clean Coal Projects:
Alabama Power Company (1,373)
Georgia Power Company (2,212)
Gulf Power Company (343)
Mississippi Power Company (281)
Savannah Electric & Power Company (37)
Southern Electric Generating Company (236)
Air Quality Studies (135)
Combustion and Fuel Effects (735)
Research Administration (533)
Flue Gas Treatment-Gen Evaluation (263)
Particulate Control Studies (376)
Water and Waste Management Research (5)
Advanced Energy Systems (1,547)
Thermal & Fluid Sciences (245)
R&D Tech. Econ Assessments (152)
Non-Associate Companies:
Electric Power Research Institute
Clean Coal Technology (717)
U.S. Department of Energy
Dev Selected Agglomeration (5)
Hot Gas Clean-up Project (27,617)
Westinghouse AP600 Design Certification (111)
Generic NOx Control Intelligent System (157)
GE - SBWR Project (91)
Westinghouse 1RST of Kind Engr (FOAKE) (2,184)
Clean Coal Technology (2,810)
Clean Coal Technology - Not Billed (467)
TOTAL 0
=======
( ) Denotes red figure.
<PAGE>
16
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XI - PROPRIETARY CAPITAL
NUMBER OF PAR OR STATED OUTSTANDING
ACCOUNT SHARES VALUE CLOSE
NUMBER CLASS OF STOCK AUTHORIZED PER SHARE OF PERIOD
201 COMMON STOCK NO. OF SHARES
ISSUED 17,000 50.00 14,500
TOTAL AMOUNT
725
INSTRUCTIONS: Classify amounts in each account with brief explanation,
disclosing the general nature of transactions which gave rise
to the reported amounts.
DESCRIPTION AMOUNT
ACCOUNT 211
MISCELLANEOUS PAID-IN CAPITAL 59
ACCOUNT 215
APPROPRIATED RETAINED EARNINGS -
TOTAL 59
INSTRUCTIONS: Give particulars concerning net income or (loss)
during the year, distinguishing between compensation
for the use of capital owed or net loss remaining from
servicing nonassociates per the General Instructions
of the Uniform System of Accounts. For dividends paid
during the year in cash or otherwise, provide rate
percentage, amount of dividend, date declared and date
paid.
BALANCE AT NET INCOME BALANCE AT
BEGINNING OR DIVIDENDS CLOSE
DESCRIPTION OF YEAR (LOSS) PAID OF YEAR
ACCOUNT 216
UNAPPROPRIATED RETAINED
EARNINGS - - - -
TOTAL - - - -
<PAGE>
17
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XII - LONG-TERM DEBT
<TABLE>
<CAPTION>
<S> <C>
INSTRUCTIONS: Advances from associate companies should be reported separately for advances on notes, and
advances on open account. Names of associate companies from which advances were received
shall be shown under the class and series of obligation column. For Account 224 - Other
Long-Term Debt provide the name of creditor company or organization, terms of the
obligation, date of maturity, interest rate, and the amount authorized and outstanding.
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
TERMS OF OBLIG DATE BALANCE AT BALANCE AT
CLASS & SERIES OF INTEREST AMOUNT BEGINNING 1/ CLOSE
NAME OF CREDITOR OF OBLIGATION MATURITY RATE AUTHORIZED OF YEAR ADDITIONS DEDUCTIONS OF YEAR
ACCOUNT 223 - ADVANCES FROM ASSOCIATE
COMPANIES:
NOT APPLICABLE
ACCOUNT 224 - OTHER LONG-TERM DEBT:
Notes Payable
Wachovia 9/9/96 4.62 10,000 10,000 - - 10,000
CIBC, Inc. 9/9/97 4.94 15,000 15,000 - - 15,000
Subtotal 25,000 25,000 - - 25,000
OTHER LONG-TERM DEBT:
CAPITAL LEASE OBLIGATION
Taylor and Mathis 02/01/2011 9.25 7,225 6,045 - 170 5,874
Taylor and Mathis 02/01/2011 13.00 41,551 43,431 - 258 43,174
Subtotal 48,776 49,476 - 428 49,048
TOTAL 73,776 74,476 - 428 74,048
====== ====== ==== ==== ======
1/ GIVE AN EXPLANATION OF DEDUCTIONS: Taylor and Mathis - Deductions of $427,978.06 transferred to current maturities.
</TABLE>
<PAGE>
18
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES
INSTRUCTIONS: Provide balance of notes and accounts payable to each
associate company. Give description and amount of
miscellaneous current and accrued liabilities. Items
less than $10,000 may be grouped, showing the number
of items in each group.
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES
The Southern Company 4,000 15,050
TOTAL 4,000 15,050
===== ======
ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES
The Southern Company - -
Alabama Power Company 22,396 12,294
Georgia Power Company 10,655 3,983
Gulf Power Company 1,208 733
Mississippi Power Company 311 208
Savannah Electric and Power Company 11 20
Southern Electric Generating Company 12 38
Southern Electric International, Inc. 274 -
Southern Nuclear Operating Company 6,133 6,040
TOTAL 41,000 23,316
====== ======
ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES
Incentive Pay 13,037 15,751
Vacation Clearing Account 11,166 11,282
Accrued Labor & Related Overheads - 4,208
Employee Group Insurance Premiums 2,903 2,624
Early Retirement Benefits 1,758 2,223
Productivity Improvement Program 1,350 1,902
Accumulated Provision for Major Overhaul
of Aircraft 762 1,209
Supplemental Pensions and Benefits 996 1,274
Department of Energy 438 240
Flex and Save Benefits 228 956
Post Employment Benefits 68 66
Workmen's Compensation Awards 17 -
Severance Pay 50 -
Employee Travel - Diners Club - (43)
Metro Life Advance-Current 151 169
(Continued on Page 18A)
<PAGE>
18A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES
(Continued)
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
SCS Employee Energy Loan - 68
Associate Companies - ESP - 22
SNC - U. S. Savings Bond Withholdings - 20
Committment Fees - Credit Lines - 63
MPCO - Credit Union Withholdings - 99
Accrued Bank Fees - 51
Wages - Regular Part-Time Employees 28 -
Payroll - General 20 -
Miscellaneous (9) 17 -
Miscellaneous (29) - 12
TOTAL 32,989 42,196
====== ======
<PAGE>
19
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes
regarding the financial statements or any account
thereof. Furnish particulars as to any significant
contingent assets or liabilities existing at the
end of the year. Notes relating to financial
statements shown elsewhere in this report may be
indicated here by reference.
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
General
Southern Company Services, Inc. (the "Company") follows the Uniform
System of Accounts prescribed by the Securities and Exchange Commission
("SEC") for service companies, as amended, effective January 1, 1980.
The Company has no earnings or retained earnings since it
primarily renders services at cost to its parent company, The
Southern Company, and to that company's subsidiaries, as
further discussed in Note 2.
Cash and Cash Equivalents
The Company considers all highly liquid investments with
original maturities of 90 days or less to be cash equivalents.
The carrying value of cash and cash equivalents approximates
fair value.
Income Taxes
The Company is included in the consolidated federal income tax
return with The Southern Company and its subsidiaries. Federal
income tax deferrals primarily resulting from the use of
accelerated depreciation are fully utilized and accounted for
by the operating subsidiaries of The Southern Company.
Pension Costs
The Company has a defined benefit, trusteed, noncontributory
pension plan which covers substantially all regular employees.
The Company uses the "entry age normal method with frozen
initial liability" actuarial method for funding purposes,
subject to limitations under federal income tax regulations.
Statement of Financial Accounting Standards No. 87, "Employers'
Accounting for Pensions," requires use of the "projected unit
credit" actuarial method for financial reporting purposes.
<PAGE>
19A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes
regarding the financial statements or any account
thereof. Furnish particulars as to any significant
contingent assets or liabilities existing at the
end of the year. Notes relating to financial
statements shown elsewhere in this report may be
indicated here by reference.
The following table sets forth the defined benefit plan's
funded status using the projected unit credit method as of
December 31, 1994 and 1993:
1994 1993
-------------------
(In Thousands)
Actuarial present value of
benefit obligations:
Vested benefits $156,415 $141,444
Nonvested benefits 6,980 7,946
-------- --------
Accumulated benefit obligation 163,395 149,390
Additional amounts related to
projected salary increases 71,725 63,131
-------- --------
Projected benefit obligation 235,120 212,521
Less:
Fair value of plan assets,
primarily equity and
fixed-income securities 315,040 327,208
Unrecognized net gain (78,639) (104,658)
Unrecognized prior service
cost 4,782 6,151
Unrecognized net transition
asset (13,331) (14,442)
--------- -------
(Accrued) prepaid pension costs $ (7,268) $ 1,738
========= =========
The rates assumed in the actuarial calculations were as follows:
1994 1993
---- ----
Discount 8.0% 7.5%
Annual salary increase 5.5% 5.0%
Long-term return on plan assets 8.5% 8.5%
<PAGE>
19B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes
regarding the financial statements or any account
thereof. Furnish particulars as to any significant
contingent assets or liabilities existing at the
end of the year. Notes relating to financial
statements shown elsewhere in this report may be
indicated here by reference.
The components of net pension cost are shown below:
1994 1993
---------- ---------
(In Thousands)
Service costs/benefits earned during
the year $ 8,945 $ 8,865
Interest cost on projected
benefit obligation 15,917 14,893
Actual return on plan assets 7,645 (41,954)
Net amortization and deferral (34,883) 18,255
--------- -------
Net pension (income) cost $ (2,376) $ 59
========= ========
The Company incurred additional expenses of approximately $14,000,000 and
$1,500,000 in 1994 and 1993, respectively, related to severance benefits
under work force reduction programs.
Other Postretirement Benefits
The Company also provides certain health care and life insurance benefits
for retired employees. Substantially all employees may become eligible
for these benefits when they retire. The Company recognizes these
benefit costs on an accrual basis. The cost to provide these benefits
amounted to approximately $12,000,000 and $7,000,000 for 1994 and 1993,
respectively.
Effective January 1, 1993, Southern Company Services, Inc. adopted the
provisions of Statement of Financial Accounting Standards No. 106,
"Employers' Accounting for Postretirement Benefits Other Than Pensions."
This statement requires that the cost of such benefits be accounted for
on an accrual basis, using a specified actuarial method, "benefit/years-
of-service." The method utilized by the Company is on a prospective
basis where costs will be recognized over a period of 20 years,
commencing in 1993.
<PAGE>
19C
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
The following table sets forth the funded status of the plans
as of December 31, 1994:
Postretirement Postretirement
Medical Life Medical Life
1994 1994 1993 1993
------ ---- ------- ----
(In Thousands)
Actuarial present value of
benefit obligation:
Retirees and Dependents $21,003 $ 8,481 $12,668 $ 6,731
Employees eligible to
retire 1,695 - 4,397 -
Other employees 28,204 9,808 30,365 10,716
------- ------- ------- ------
Accumulated benefit obligations 50,902 18,289 47,430 17,447
Less:
Fair value of plan assets 13,348 92 13,773 105
Unrecognized net loss (gain) 1,595 (1,631) 5,213 (1,394)
Unrecognized transition
obligation 17,590 6,212 18,901 6,682
------- ------- ------- ------
Accrued postretirement benefit
cost $18,369 $13,616 $ 9,543 $12,054
======= ======= ======= =======
The rates assumed in the actuarial calculations were as follows:
1994 1993
---- ----
Discount 8.0% 7.5%
Annual salary increase 5.5 5.0
Long-term return on plan assets 8.5 8.5
An additional assumption used in measuring the accumulated postretirement
medical benefit obligation was a weighted average medical care cost trend
rate of 10.5 percent for 1994 decreasing gradually to 6.0 percent through
the year 2000 and remaining at that level thereafter. An annual increase
in the assumed medical care cost trend rate of 1 percent would increase the
accumulated medical benefit obligation at December 31, 1994, by $10 million
and the aggregate of the service and interest cost components of the net
retiree medical cost by $1.5 million.
<PAGE>
19D
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
The components of net periodic post retirement costs for 1994
and 1993 are as follows:
Postretirement Postretirement
Medical Life Medical Life
1994 1994 1993 1993
------- ---- ------ ----
(In Thousands)
Service cost/benefits earned
during the year $2,123 $ 631 $1,719 $ 686
Interest cost on accumulated
benefit obligation 3,618 1,317 2,957 1,365
Amortization of transition
obligation over 20 years 985 348 995 352
Actual return on plan assets 425 12 (1,774) (8)
Net amortization and deferral (1,529) (20) 754 -
------ ------ ------ ------
Net postretirement benefit cost $5,622 $2,288 $4,651 $2,395
====== ====== ====== ======
Early Retirement Program
In 1994, the Company incurred an additional cost of $17,048,000 related to
an early retirement program. These costs were charged to income.
Property, Equipment, and Depreciation and Amortization
Property and equipment, including any interest capitalized during
construction, are recorded at cost. Depreciation and amortization are
provided on the straight-line method over the estimated economic life of
the related asset (ranging from 5 to 12 years). Leasehold improvements
are amortized over the lives of the respective leases.
On retirement or sale of assets, the cost of such assets and the related
accumulated depreciation are removed from the accounts, and the gain or
loss, if any, is credited or charged to income.
Reclassification
Certain prior year amounts have been reclassified to conform with the
current year presentation.
<PAGE>
19E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
2. SERVICE AGREEMENTS
The Southern Company and each of its operating subsidiaries (Alabama
Power Company, Georgia Power Company, Gulf Power Company, Mississippi
Power Company, and Savannah Electric and Power Company), Southern
Electric Generating Company (an operating subsidiary owned equally by
Alabama Power Company and Georgia Power Company), Southern Electric
International, Inc.(a subsidiary of The Southern Company which designs,
builds, owns, and operates power production facilities and provides a
broad range of technical services to industrial companies and utilities
in the United States and a number of international markets), Southern
Development and Investment Group, Inc. (a subsidiary of The Southern
Company which researches and develops new business opportunities),
Southern Nuclear Operating Company (a subsidiary of The Southern Company
which provides services to the Southern electric system nuclear power
plants), and Southern Electric Railroad Company (a subsidiary of The
Southern Company, which provides railroad services to the operating
subsidiaries) have entered into agreements with the Company under which
the Company renders the following services at cost: general executive
and advisory services, general engineering, design engineering,
purchasing, accounting and statistical, finance and treasury, tax,
insurance and pension, rate, budgeting, business promotion and public
relations, employee relations, systems and procedures, and other services
with respect to business and operations and, in the case of operating
subsidiaries, power pool operations. The agreements shall be canceled to
the extent and from the time that performance thereunder conflicts with
any rule, regulation, or order of the SEC adopted before or after the
execution of the agreements.
3. LONG-TERM OPERATING LEASES
The Company leases various facilities and equipment under noncancelable
operating lease arrangements. Rental expense under all operating leases
was approximately $10,700,000 and $8,400,000 in 1994 and 1993,
respectively. Future minimum lease payments under these noncancelable
operating leases as of December 31, 1994 are as follows:
1995 $10,700,000 1998 $5,800,000
1996 $10,600,000 1999 $5,700,000
1997 $8,300,000 Thereafter $35,400,000
Total $76,500,000
<PAGE>
19F
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
4. LONG-TERM DEBT AND NOTES PAYABLE - OTHER
Details of long-term debt and notes payable - other at December 31 are as
follows:
1994 1993
------ ------
(In Thousands)
Long-term debt
Notes payable:
9 3/4% due in 1994 $ - $ 9,855
4.62% due 1996 10,000 10,000
4.94% due 1997 15,000 15,000
------- -------
25,000 34,855
------- -------
Less Current Maturities - (9,855)
------- -------
25,000 25,000
------- -------
Capitalized lease obligations:
9 1/4% building lease 6,045 6,199
13% building lease 43,431 43,554
------- -------
49,476 49,753
------- -------
Less Current Maturities (428) (277)
------- -------
49,048 49,476
------- -------
Total long-term debt $74,048 $74,476
======= =======
The Company also has short-term debt in the amount of $12,000,000 at an
interest rate of 6.00% which is due January 5, 1995.
<PAGE>
19G
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
The Southern Company has guaranteed the payment of the above notes and
the rental payments relating to the 13% building lease.
In September 1993, the Company issued $10 million of 4.62% notes payable
due 1996 to Wachovia Bank of Georgia and $15 million of 4.94% notes
payable due 1997 to CIBC, Inc.
Maturities over the next five years of the Company's long-term debt
outstanding at December 31, 1994 are as follows:
1995 $ 428,000
1996 10,598,000
1997 15,792,000
1998 1,011,000
1999 1,259,000
Thereafter 45,388,000
-----------
Total $74,476,000
===========
Assets acquired under capital leases are recorded in the Company's
balance sheets as office building. The net book value of assets acquired
under capitalized leases was approximately $30,460,000 and $32,340,000
at December 31, 1994 and 1993, respectively.
In January 1994, Southern Company Services, Inc. sold to Orchard L.L.C.
the office building located at 800 Shades Creek Parkway in Birmingham.
As a result of this sale, the obligation to New York State Teacher's
Retirement System was retired. The Company at that time entered into a
four year operating lease with Orchard.
Financial Instruments
In accordance with Statement of Financial Accounting Standards No. 107,
"Disclosure About Fair Value of Financial Instruments," all financial
instruments of the Company - for which the carrying amount does not
approximate fair value - are shown in the table below as of December 31:
Long-Term Debt
-----------------------
Carrying Fair
Amount Value
-------- -----
(In Millions)
1994 $25.0 $23.5
1993 $34.9 $34.5
The fair values for long-term debt were based on closing prices
of comparable instruments.
<PAGE>
19H
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating
to financial statements shown elsewhere in this report may be
indicated here by reference.
5. PURCHASE COMMITMENTS
The Company has purchase commitments for computer hardware and software.
At December 31, 1994, future expenditures for these commitments are
estimated to be up to $4,500,000 as follows:
Year Ending
December 31 Amount
(In Thousands)
1995 $3,000
1996 1,500
---- ------
Total $4,500
======
<PAGE>
20
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XV
STATEMENT OF INCOME
ACCOUNT DESCRIPTION CURRENT YEAR PRIOR YEAR
INCOME
457 Services rendered to associate companies 361,253 344,202
458 Services rendered to nonassociate
companies 44,326 28,016
421 Miscellaneous income or loss 421 92
Total Income 406,000 372,310
EXPENSE
920 Salaries and wages 164,884 165,257
921 Office supplies and expenses 48,342 46,220
922 Administrative expense transferred-
credit - -
923 Outside services employed 80,414 62,800
924 Property insurance 1,376 1,002
925 Injuries and damages 211 271
926 Employee pensions and benefits 37,607 22,556
928 Regulatory commission expense 16 100
930.1 General advertising expenses - -
930.2 Miscellaneous general expenses 6,200 6,238
931 Rents 10,697 8,373
932 Maintenance of structures and
equipment 16,378 16,615
403 Depreciation and amortization expense 18,483 19,571
408 Taxes other than income taxes 12,410 12,713
409 Income taxes 160 3
410 Provision for deferred income taxes - -
411 Provision for deferred income taxes -
credit - -
411.5 Investment tax credit - -
426.1 Donations 890 587
426.5 Other deductions - -
427 Interest on long-term debt 6,801 8,409
430 Interest on debt to associate companies 213 142
431 Other interest expense 918 1,453
Total Expense 406,000 372,310
Net Income or (Loss) - -
======= =======
<PAGE>
21
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
ANALYSIS OF BILLING
ASSOCIATE COMPANIES
ACCOUNT 457
DIRECT INDIRECT COMPENSAT'N TOTAL
COSTS COSTS FOR USE AMOUNT
NAME OF ASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL BILLED
457-1 457-2 457-3
The Southern Company $ 17,416 $ 4,405 $ 527 $ 22,348
Alabama Power Company 53,841 17,816 1,930 73,587
Georgia Power Company 93,717 31,631 3,193 128,541
Gulf Power Company 15,049 4,793 475 20,317
Mississippi Power Company 17,906 7,087 538 25,531
Savannah Electric & Power
Company 4,952 1,740 128 6,820
Southern Electric Generating Company 629 280 14 923
Southern Electric International,
Inc. 13,907 6,900 286 21,093
The Southern Development and
Investment Group, Inc. 15 9 1 25
Southern Nuclear Operating
Company 44,237 16,796 758 61,791
Southern Railroad 221 33 23 277
TOTAL $261,890 $91,490 $7,873 $361,253
======== ======= ====== ========
<PAGE>
22
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
ACCOUNT 458
<S> <C> <C> <C> <C> <C> <C>
DIRECT INDIRECT COMPENSATION EXCESS TOTAL
COSTS COSTS FOR USE TOTAL OR AMOUNT
NAME OF NONASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY BILLED
--------------------------- ------- ------- ----------- ---- ---------- ------
458-1 458-2 458-3 458-4
Electric Power Research Institute $ 2,027 $ 194 $ 3 $ 2,224 $ 0 $ 2,224
Florida Power & Light Co./Jacksonville
Electric Authority/
City of Tallahassee 102 10 0 112 0 112
MPX Systems, Inc. 152 15 0 167 0 167
Department of Energy 35,286 3,380 52 38,718 0 38,718
Oglethorpe Power Corporation 2,265 217 3 2,485 0 2,485
Powerco Federal Credit Union 9 1 0 10 0 10
Bank of America, First Bank, Fleet
Credit Corp. 46 4 0 50 0 50
Center for Economic and Energy Devel. 5 0 0 5 0 5
Southeastern Electric Reliability
Council 10 1 0 11 0 11
Westinghouse 2 0 0 2 0 2
Southern System Master Retirement Trust 494 47 1 542 0 542
TOTAL $40,398 $3,869 $59 $44,326 $0 $44,326
======= ====== === ======= == =======
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
INSTRUCTION: Provide a brief description of the services rendered to each nonassociate company:
Electric Power Research Institute - Contract services concerning a catalyst test facility, control system training, a groundwater
manual, high-sulfur coal fabric filter pilot plant, bulk transmission system reliability evaluation, an index system for coal
combustion by-products, SCL Coal burner project, and FACTS project.
Florida Power & Light Co./Jacksonville Electric Authority/City of Tallahassee - Services concerning unit power sales agreement.
MPX Systems, Inc. - Services concerning fiber optic transport system.
Department of Energy - Contract services concerning clean coal technologies, pressurized fluidized bed combustion studies,
advanced integrated heat pump project, integrated gasification combined-cycle systems assessment project,
engineering development of selective agglomeration, hot gas cleanup project, and development of a coal quality expert for
reducing emissions and power production costs.
Oglethorpe Power Corporation - Services concerning weather radar transport, and operating and planning services scheduling fees.
Powerco Federal Credit Union - Services concerning telephone equipment usage.
Bank of America, First Bank, Fleet Credit Corp - Services concerning capital placement.
Center for Economic and Energy Development - Services concerning television network system productions.
Southeastern Electric Reliability Council - Services concerning occupancy.
Westinghouse - Services concerning review of electrical distribution system.
Southern System Master Retirement Trust - Services provided by trustee (Bankers Trust) for Southern System Master Retirement
Trust.
</TABLE>
<PAGE>
23
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XVI
ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES TOTAL CHARGES FOR SERVICE
------------------------- ---------------------------- -------------------------
DIRECT INDIRECT DIRECT INDIRECT DIRECT INDIRECT
DESCRIPTION OF ITEMS COST COST TOTAL COST COST TOTAL COST COST TOTAL
- --------------------- ------ -------- ----- ------ -------- ----- ----- ------- -----
920 SALARIES AND WAGES $132,617 $26,157 $158,774 $ 5,746 $ 364 $6,110 $138,363 $26,521 $164,884
921 OFFICE SUPPLIES & EXPENSES 37,609 8,447 46,056 2,204 82 2,286 39,813 8,529 48,342
922 ADMINISTRATIVE EXP.
TRANSFERRED-CREDIT - - - - - - - - -
923 OUTSIDE SERVICES EMPLOYED 45,896 5,231 51,127 29,268 19 29,287 75,164 5,250 80,414
924 PROPERTY INSURANCE 409 748 1,157 216 3 219 625 751 1,376
925 INJURIES AND DAMAGES 5 206 211 - - - 5 206 211
926 EMPLOYEE PENSIONS & BENEFITS 19,580 17,380 36,960 - 647 647 19,580 18,027 37,607
928 REGULATORY COMMISSION
EXPENSE 16 - 16 - - - 16 - 16
930.1 GENERAL ADVERTISING
EXPENSES - - - - - - - - -
930.2 MISCELLANEOUS GENERAL
EXPENSES (479) 1,998 1,519 2,860 1,821 4,681 2,381 3,819 6,200
931 RENTS 5,682 4,796 10,478 31 188 219 5,713 4,984 10,697
932 MAINTENANCE OF STRUCTURES
AND EQUIPMENT 10,159 6,050 16,209 34 135 169 10,193 6,185 16,378
403 DEPRECIATION & AMORTIZATION
EXPENSE 9,052 9,231 18,283 38 162 200 9,090 9,393 18,483
408 TAXES OTHER THAN INCOME
TAXES 1,365 10,596 11,961 1 448 449 1,366 11,044 12,410
409 INCOME TAXES - 160 160 - - - - 160 160
410 PROVISION FOR DEFERRED
INCOME TAXES - - - - - - - - -
411 PROVISION FOR DEFERRED
INCOME TAXES CREDIT - - - - - - - - -
411.5 INVESTMENT TAX CREDIT - - - - - - - - -
426.1 DONATIONS 400 490 890 - - - 400 490 890
426.5 OTHER DEDUCTIONS - - - - - - - - -
SUBTOTAL EXPENSES = 262,311 91,490 353,801 40,398 3,869 44,267 302,709 95,359 398,068
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
INSTRUCTION: Total cost of service will equal for associate and nonassociate companies the total amount billed under their
separate analysis of billing schedules.
</TABLE>
( ) Denotes red figure.
<PAGE>
23A
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XVI
ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES
<S> <C> <C> <C>
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES TOTAL CHARGES FOR SERVICE
-------------------------- ---------------------------- -------------------------
DIRECT INDIRECT DIRECT INDIRECT DIRECT INDIRECT
DESCRIPTION OF ITEMS COST COST TOTAL COST COST TOTAL COST COST TOTAL
------ ------ ----- ----- ------ ----- ---- ------ -----
427 INTEREST ON LONG-TERM DEBT - - 6,742 - - 59 - - 6,801
430 INTEREST ON DEBT TO
ASSOCIATE COMPANIES - - 213 - - - - - 213
431 OTHER INTEREST EXPENSE - - 918 - - - - - 918
-------- ------- -------- ------- ------ ------- -------- ------- --------
TOTAL EXPENSES = 262,311 91,490 361,674 40,398 3,869 44,326 302,709 95,359 406,000
421 MISCELLANEOUS GAIN (421) - (421) - - - (421) - (421)
-------- ------- -------- ------- ------ ------- -------- ------- --------
TOTAL COST OF SERVICE = $261,890 $91,490 $361,253 $40,398 $3,869 $44,326 $302,288 $95,359 $405,579
======== ======= ======== ======= ====== ======= ======== ======= ========
</TABLE>
<PAGE>
24
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION BY
DEPARTMENT OR SERVICE FUNCTION
DEPARTMENT OR SERVICE FUNCTION
<S> <C> <C> <C> <C> <C> <C> <C>
Finance Human
Total and Governmental Resources and Information
DESCRIPTION OF ITEMS Amount Engineering Executive Accounting Affairs Administration Resources
-------------------- ------ ----------- --------- ---------- ----------- -------------- -----------
920 SALARIES AND WAGES $164,884 $52,192 $3,730 $17,464 $ 1,028 $10,683 $ 35,548
921 OFFICE SUPPLIES AND EXPENSES 48,342 6,524 314 4,259 441 2,710 23,270
922 ADMINISTRATIVE EXPENSE
TRANSFERRED-CREDIT - - - - - - -
923 OUTSIDE SERVICES EMPLOYED 80,414 16,613 562 5,434 1,255 6,582 9,396
924 PROPERTY INSURANCE 1,376 245 5 81 3 56 195
925 INJURIES AND DAMAGES 211 45 1 13 - 9 30
926 EMPLOYEE PENSIONS & BENEFITS 37,607 5,980 218 1,958 106 1,365 4,186
928 REGULATORY COMMISSION EXPENSE 16 - - - - - -
930.2 MISCELLANEOUS GENERAL EXPENSES 6,200 85 436 746 335 2,848 1,195
931 RENTS 10,697 1,948 27 115 41 441 3,661
932 MAINTENANCE OF STRUCTURES & EQUIP 16,378 1,837 101 895 20 1,026 6,133
403 DEPRECIATION & AMORTIZATION
EXPENSE 18,483 2,754 122 1,294 49 1,263 9,394
408 TAXES OTHER THAN INCOME TAXES 12,410 3,892 84 1,274 45 828 3,008
409 INCOME TAXES 160 - - - - - -
410 PROVISION FOR DEFERRED INCOME TAXES - - - - - - -
411 PROVISION FOR DEFERRED INCOME
TAXES-CREDIT - - - - - - -
426.1 DONATIONS 890 - 193 - 128 30 44
427 INTEREST ON LONG-TERM DEBT 6,801 114 149 1,351 15 664 3,273
430 INTEREST ON DEBT TO ASSOCIATE CO. 213 32 1 10 1 16 69
431 OTHER INTEREST EXPENSE 918 134 6 36 (5) 56 284
------- ------ ----- ------ ------ ------ ------
TOTAL EXPENSES 406,000 92,395 5,949 34,930 3,462 28,577 99,686
421 MISCELLANEOUS GAIN (421) (251) (9) (51) (5) (42) 208
INSTRUCTION: Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System:
Uniform System Account)
( ) Denotes red figure.
TOTAL COSTS = $405,579 $92,144 $5,940 $34,879 $3,457 $28,535 $99,894
======== ======= ====== ======= ====== ======= =======
</TABLE>
<PAGE>
25
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION BY
DEPARTMENT OR SERVICE FUNCTION
DEPARTMENT OF SERVICE FUNCTION
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Planning Research and Corp Control Southern
ACCOUNT InternalMarket Research Public Environmental System Accounting Administrative Communications
NUMBER Audit and Support Production Relations Affairs Aircraft Use and General Project
- ------ ------------- ----------- ---------- --------- ------------- -------- ----------- -------------- -------------
920 $5,303 $4,909 $19,933 $1,840 $ 4,101 $2,361 $(1,127) $ 5,063 $1,856
921 598 1,047 2,743 975 1,830 654 1,171 1,371 435
922 - - - - - - - - -
923 333 5,539 2,814 466 27,378 48 - 584 3,410
924 25 21 87 10 240 12 - 389 7
925 4 3 14 1 3 2 - 85 1
926 644 533 2,159 223 454 305 - 19,296 180
928 - 16 - - - - - - -
930.2 129 198 241 167 308 138 (38) (840) 252
931 465 89 846 23 187 91 - 2,660 103
932 165 238 1,058 104 133 3,198 - 1,447 23
403 162 477 1,195 194 379 1,140 - 30 30
408 405 370 1,463 143 297 183 - 301 117
409 - - - - - - - 160 -
410 - - - - - - - - -
411 - - - - - - - - -
426.1 1 - 20 421 52 - - 1 -
427 143 392 157 170 8 106 - 224 35
430 2 4 14 2 4 58 - - -
431 9 14 57 6 18 230 72 1 -
----- ------ ------ ------ ------- ------ ------- -------- ------
Expenses 8,388 13,850 32,801 4,745 35,392 8,526 78 30,772 6,449
421 (12) (20) (78) (7) (96) (4) - (45) (9)
TOTAL
COSTS $8,376 $13,830 $32,723 $4,738 $35,296 $8,522 $ 78 $30,727 $6,440
====== ======= ======= ====== ======= ====== ======= ======= =====
( ) Denotes red figure.
</TABLE>
<PAGE>
26
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
DEPARTMENTAL ANALYSIS OF SALARIES
ACCOUNT 920
DEPARTMENTAL SALARY EXPENSE
-------------------------------------
NAME OF DEPARTMENT INCLUDED IN AMOUNTS BILLED TO PERSONNEL
Indicate each department TOTAL PARENT OTHER NON END OF
or service function AMOUNT COMPANY ASSOCIATES ASSOCIATES YEAR
------ ------- ---------- ---------- ------
Engineering $ 52,192 $ 132 $ 47,417 $ 4,643 771
Executive 3,730 1,305 2,425 - 10
Finance & Accounting 17,464 1,781 15,092 591 262
Governmental Affairs 1,028 15 1,013 - 11
Human Resources & Admin 10,683 53 10,631 (1) 185
Information Resources 35,548 366 34,447 735 587
Internal Auditing 5,303 2 5,301 - 83
Planning Marketing
Research & Support 4,909 1,255 3,577 77 67
Production 19,933 122 17,054 2,757 285
Public Relations 1,840 334 1,502 4 31
Research & Environmental
Affairs 4,101 82 2,460 1,559 54
System Aircraft 2,361 342 2,019 - 45
Corporate Control
Accounting Use (1,127) 964 (2,091) - -
Administrative & General 5,063 226 4,520 317 1
Southern Communications
Project 1,856 1,816 21 19 40
-------- ------ -------- ------- -----
TOTAL $164,884 $8,795 $145,388 $10,701 2,432
======== ====== ======== ======= =====
( ) Denotes red figure.
<PAGE>
27
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid to
any one payee and included within one subaccount
is less than $25,000, only the aggregate number
and amount of all such payments included within
the subaccount need be shown. Provide a subtotal
for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Legal Services
American Electric Power 1 Riverside Plz, Columbus,OH 43216 NA $ 54
Balch & Bingham P.O.Box 306, B'ham, AL 35201 NA 1,583
Crowell and Moring 1001 Pennsylvania Ave,Wash, DC 20004 NA 53
Edison Electric Institute 701 Pennsylvania Ave, Wash, DC 20004 NA 161
Emmanuel, Sheppard & Condon P.O.Drawer 1271, Pensacola, FL 32596 NA 321
Hunton and Williams P.O.Box 18936, Washington, DC 20036 NA 77
J. Alexander Johnson P.C. P.O.Box 836, Baxley, GA 31513 NA 25
Keller and Heckman 1001 G St, Washington, DC 20001 NA 1,689
King & Spalding 191 Peachtree St., Atlanta, GA 30303 NA 28
Troutman Sanders 600 Peachtree St.,NE, Atlanta,GA 30308 NA 1,430
Ten Other Items (less
than $25,000 paid to other
than Associate Cos.) Aggregate NA 29
5,450
Auditing Service
Arthur Andersen & Co. 133 Peachtree St, Atlanta, GA 30303 NA 1,814
Three Other Items (less
than $25,000 paid to other
than Associate Cos.) Aggregate NA 78
1,892
(Continued on Page 27A)
</TABLE>
<PAGE>
27A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid to
any one payee and included within one subaccount
is less than $25,000, only the aggregate number
and amount of all such payments included within
the subaccount need be shown. Provide a subtotal
for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Engineering Services
Adia Services, Inc. P.O.Box 360161M, Pittsburgh, PA 15250 NA 112
Advanced R&D, Inc. P.O.Box 540747,Orlando,FL 32854-0747 NA 44
Alabama Power Company P.O.Box 2641, B'ham, AL 35291 A 114
American Hydro Corp. P.O.Box 3039, Youk, PA 17402-0039 NA 39
Ardaman & Associates P.O.Box 593003, Orlando, FL 32859 NA 31
BE&K Engineering Co. P.O.Box 102466,Atlanta,GA 30368-0466 NA 8,978
Bechtel Power Corp. P.O.Box 905168, Charlotte, NC 28290 NA 242
Brock & Blevins, Inc. 5000 Calhoun Ave.,P.O.Box 71966,
Chattanooga, TN 37407 NA 60
C&B Piping, Inc. P.O.Box 67, Adamsville, AL 35005 NA 74
Combustion Power Co. 2101 Webster St., Suite 1700
Oakland, CA 94612 NA 698
Composite Construction & 1307 120th Ave., NE
Engineering, Inc. Bellevue, WA 98005 NA 110
Comprehensive Computer 5098 Post Oak Tritt Rd.,
Consulting, Inc. Roswell, GA 30075 NA 89
Robert L. Crisp, Jr.,P.E. 422 Atwood Dr., Marietta, GA 30064 NA 29
Energy & Environmental University of N. Dakota,P.O.Box 7306,
Research Center University Station, Dept of Grants,
Grand Forks, ND 58202-7306 NA 410
Engineering Planning &
Management, Inc. 959 Concord St., Framingham, MA 01701 NA 39
Entec Services, Inc. 1429 2nd Ave. N., Bessemer,AL 35020 NA 39
Foster Wheeler USA First Fidelity Bank, NA NJ,
P.O.Box 18076, Newark, NJ 07191 NA 5,120
Georgia Power Company 333 Piedmont Ave, Accts Rec,
12th Fl, Atlanta, GA 30308 A 2,562
Gulf Power Company P.O.Box 1151, Pensacola, FL 32520 A 840
Industrial Filter & Pump P.O.Box 72354, Chicago, IL 60678-2354 NA 484
Mfg. Co., Inc.
Monex Resources, Inc. 45 NE Loop 410, Suite 700,
San Antonio, TX 78216 NA 199
Mustang Engineering, Inc. P.O.Box 2570, Monroe, LA 71207-2570 NA 226
(Continued on Page 27B)
</TABLE>
<PAGE>
27B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid to
any one payee and included within one subaccount
is less than $25,000, only the aggregate number
and amount of all such payments included within
the subaccount need be shown. Provide a subtotal
for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
The M.W. Kellogg Co. P.O.Box 299502, Houston,TX 77299-0502 NA 9,273
Nolon Multimedia 22A Commercial Blvd., Navato,CA 94949 NA 159
Quality Assurance
Technologies P.O.Box 61085, Savannah, GA 31420 NA 35
Radian Corporation P.O.Box 841687,Dallas, TX 75284-1687 NA 851
Russo Corporation P.O.Box 190048, B'ham, AL 35219-0048 NA 191
Rust International Corp. P.O.Box 360803M,
Pittsburgh, PA 15230 NA 96
Software Technical 3020 Holcomb Bridge Rd.,
Services, Inc. Norcross, GA 30071 NA 30
Southern Haulers, Inc. P.O.Box 152, Calera, AL 35040 NA 84
Southern Research Institute P.O.Box 11407, Drawer 0375,
Birmingham, AL 35246-0375 NA 1,189
Spectrum Systems, Inc. 3410 W Nine Mile Rd,
Pensacola,FL 32526 NA 119
SRI International P.O.Box 2516,Menlo Park,CA 94025-2516 NA 102
Stanley Consultants, Inc. 5775 Wayzata Blvd., Suite 610,
Minneapolis, MN 55416 NA 30
Steag Aktiengesellschaft Postfach 103762, D-4300 Essen 1 NA 38
Steel City Erection &
Crane Rental Co., Inc. P.O.Box 10745, B'ham, AL 35202-0745 NA 649
Sunbelt Builders, Inc. 3037 Massey Rd., Birmingham, AL 35216 NA 662
Svedala Industries, Inc. P.O.Box 777-W8030,
Philadelphia, PA 19175 NA 40
Tractor & Equipment Co. 5336 Airport Hwy, P.O.Box 12326,
Birmingham, AL 35202-2326 NA 66
TRECO Construction Serv. 100 Corporate Pkwy, B'ham, AL 35242 NA 928
U of GA Research Business Svcs Bldg, Rm 102,
Foundation Athens, GA 30602 NA 205
United Dynamics Corp. 650 S. 13th St., Unit 123, Suite 25
Indiana, PA 15701 NA 68
Vectra Technologies, Inc. Dept. 7758, Los Angeles, CA 90088 NA 91
W.S. Pitts Consulting, 5505 Creedmoor Rd., Suite 216,
Inc. Raleigh, NC 27612 NA 37
</TABLE>
(Continued on page 27C)
<PAGE>
27C
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Westinghouse Electric Corp. P.O.Drawer CS 198252,
Atlanta, GA 30384 NA 1,348
Woodward-Clyde Consultants P.O.Box 101556, Atlanta, GA 30392 NA 84
Two Hundred One Other Items (less
than $25,000 paid to other
than Associate Cos.) Aggregate NA 305
37,219
Other Services
A. Foster Higgins & Co. P.O.Box 905235, Charlotte, NC 28290 NA 73
A&C Enercom P.O.Box 930246, Atlanta, GA 31193 NA 188
Access Inc. P.O.Drawer 566428, Atlanta, GA 30356 NA 62
Adia Services, Inc. P.O.Box 360161M, Pittsburgh, PA 15250 NA 2,588
ADP Proxy Services P.O.Box 23487, Newark, NJ 07189 NA 219
Alabama Power Company P.O.Box 2641, Birmingham, AL 35291 A 1,279
Alternative Resource Corp. P.O.Box 94020, Palatine, IL 60094 NA 153
Amdahl Corporation P.O.Box 75745, Charlotte, NC 28275 NA 56
American BankNote Co. P.O.Box 7247-8678,
Philadelphia, PA 19170-8678 NA 100
Analytical Tech. Inc. P.O.Box 840436, Dallas, TX 75284 NA 74
Andersen Consulting 133 Peachtree St.,NE,
Atlanta, GA 30303 NA 644
Ann Randazzo 4805 N. Little Falls Rd.,
Arlingotn, VA 22207 NA 42
Application Group, Inc. 200 Pine St., Suite 800
San Francisco, CA 94104 NA 450
Applied Marketing Science 303 Wyman St., Waltham, MA 02154 NA 380
Arko Executive Services, 2840 Mount Wilkinson Parkway,
Inc. Suite 120, Atlanta, GA 30339 NA 299
</TABLE>
(Continued on page 27D)
<PAGE>
27D
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Arthur Andersen & Co. 133 Peachtree St,NE, Atlanta,GA 30303 NA 423
Aspen Systems Corp. Dept. 4-F, 1600 Research Blvd.,
Rockville, MD 20850 NA 79
Atkearney P.O.Box 96796, Chicago, IL 60693 NA 180
Auburn University 301 Samford Hall, Auburn, AL 36849 NA 72
Barrett Technical Services Route 3, Box 339, Roanoke, AL 36274
& Equipment NA 68
BE&K Engineering Co. P.O.Box 102466, Atlanta, GA 30368 NA 181
Blue Ridge Resource Group 415 Woodlawn Ave.,Greensboro,NC 27401 NA 32
Bob Andrews 4100 Highland Cir., B'ham, AL 35213 NA 75
Booz-Allen & Hamilton, Inc. P.O.Box 10655, Newark, NJ 07193-0655 NA 813
Bowne of Atlanta, Inc. P.O.Box 250288, Atlanta, GA 30325 NA 154
BPS Constructors 1621 Transmitter Rd.,
Panama City, FL 32404-3149 NA 188
Harllee Branch, Jr. Lenbrook Sq. Apt., Suite 1817, 3747
Peachtree Rd., Atlanta, GA 30319 NA 40
Brandon Systems Corp. G.P.O.Box 5222, New York, NY 10087 NA 171
Business Information P.O.Box 8500-S2635,
Technology, Inc. Philadelphia, PA 19178 NA 732
Businessland, Inc. P.O.Box 8500-S-8035,
Philadelphia, PA 19178-8035 NA 40
Cameron & Associates, Inc. 6100 Lake Forest Dr., Suite 550
Atlanta, GA 30328 NA 60
Career Placement 5780 Peachtree Dunwoody Rd., Suite 235
Temporaries Atlanta, GA 30342 121
Combustion Power Co. 2101 Webster St., Suite 1700,
Oakland, CA 94612 NA 56
Comdisco Disaster Recovery
Services, Inc. P.O.Box 91753, Chicago, IL 60693 NA 114
Communication Connection 2137 Mt. Vernon Rd., Atlanta,GA 30338 NA 41
Comprehensive Computer 5098 Post Oak Tritt Rd.,
Consulting, Inc. Roswell, GA 30075 NA 3,005
</TABLE>
(Continued on page 27E)
<PAGE>
27E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Compupro Consulting Serv. 6255 Barfield Rd., Suite 150
Atlanta, GA 30328 NA 171
Computeractive, Inc. 5269 Huntingford Ct.,Marietta,GA 30368 NA 37
Computer People, Inc. P.O.Box 1213 Dept 765,Newark,NJ 07101 NA 37
Concord Associates, Inc. Suite 560, 1455 Pennsylvania, Ave.
Washington, DC 20004 NA 87
Control Software, Inc. 998 Old Eagle School Rd.,
Suite 1215, Wayne, PA 19087 NA 94
Convergent Media 3490 Piedmont Rd., Atlanta,
Systems GA 30305-1743 NA 49
Coopers & Lybrand P.O.Box 641103, Pittsburgh, PA 15264 NA 47
Dames & Moore File No. 54280, Los Angles, CA 90074 NA 65
Data Management P.O.Box 93607, Atlanta, GA 30377 NA 26
Data Resources, Inc.
/McGraw Hill P.O.Box 5-0210,Woburn, MA 02815-0210 NA 243
Dean Witter Reynolds P.O. Box 30392, Tampa, FL 33630 NA 33
Development Authority of 501 West Parker St., P.O. Drawer 710,
Appling County Baxley, GA 31513 NA 70
Development Authority of P.O.Box 657, Forsyth, GA 31029
Monroe County NA 28
Digital Equipment Corp. P.O.Box 100500, Atlanta, GA 30384 NA 26
Duff & Phelps, Credit
Rating Co. P.O.Box 99108, Chicago, IL 60693 NA 66
Dunaway & Cross 1146 19th St., NW, Suite 400,
Washington, DC 20036 NA 39
Edison Electric Institute 701 Pennsylvania Ave., NW,
Washington, DC 20004-2696 NA 79
Edward T. Houts D/B/A 2738 Chimney Springs Dr.,
the Ecta Group Marietta, GA 30062 NA 80
Electric Power Research Dept. 1527, P.O.Box 61000,
Inst. San Francisco, CA 94161 NA 1,462
Elrick & Lavidge, Inc. P.O.Box 4402, Atlanta, GA 30302 NA 103
</TABLE>
(Continued on page 27F)
<PAGE>
27F
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Englehard/ICC 441 North Fifth St.,
Philadelphia, PA 19123 NA 78
Engineered Concepts 1836 Canyon Rd., Birmingham, AL 35216 NA 27
Engineering Planning & 959 Concord St., Farmingham, MA 01701
Management, Inc. NA 215
Environmental Science & P.O.Box 1703, Gainesville,
Engineering, Inv. FL 32602-1703 NA 39
EPRI P.O.Box 10412, Palo Alto, CA 94303 NA 93
EQE, Inc. 44 Montgomery St, Suite 3200,
San Francisco, CA 94104 NA 47
Equifax P.O.Box 105186, Atlanta, GA 30348 NA 42
Ernst & Young 2121 SanJacinto Ave., Suite 500,
Dallas, TX 75201 NA 327
Farrington Design Group 3391 Peachtree Rd., NE, Suite 300,
Atlanta, GA 30326 NA 61
Fossil Energy Research 23342 C South Pointe,
Corp. Laguna Hills, CA 92653 NA 26
Foster Wheeler USA First Fidelity Bank, NA, NJ,
Corp. P.O.Box 18076, Newark, NJ 07191 NA 335
Gartner Group, Inc. P.O.Box 10799, Newark, NJ 07193-0799 NA 186
Gary Jewkes 3410 Hickory Hill Rd.,Brooks,GA 30205 NA 123
Gazebo Software 881 Kings Ct., Atlanta, GA 30306 NA 31
Georgia Power Company 333 Piedmont Ave.,Atlanta, GA 30308 A 1,111
Georgia Tech Research Gtices System Laboratories, Georgia
Corp.-Attn: Joan M. Institution of Technologies,
Incrocci Atlanta, GA 30332 NA 32
Godwins Brooke & 310 West Fourth St., Winston-Salem,
Dickerson NC 27102-0066 NA 33
Grace Computer Resources 204 Merchants Dr., Norcross,GA 30093 NA 361
Gregory J. Stappenbeck The University of Alabama, Box 870225
Tuscaloosa, AL 35487-0225 NA 30
Gulf Power Company P.O.Box 1151, Pensacola, FL 32520 A 259
Gupta Technologies 1060 Marsh Rd, Menlo Park, CA 94025 NA 140
</TABLE>
(Continued on page 27G)
<PAGE>
27G
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Hallmark, Brooks & 1479 Brockett Rd., Suite 200
Lozier Incorporated Tucker, GA 30084 NA 45
Harco Technologies P.O.Box 931003-N, Cleveland
Corp OH 44193-1209 NA 30
Harold M. Horowitz HMS Associates, 8825 Roswell Rd.,
Suite 188, Atlanta, GA 30350 NA 34
HC Associates Inter- 1455 Lincoln Pakway, Suite 180
national, Inc. Atlanta, GA 30346 NA 83
Heidrick & Struggles, P.O.Box 92227, Chicago, IL
Inc. 60675-4590 NA 71
Hewitt Associates P.O.Box 95135, Chicago, IL 60694 NA 576
Hogan & Hartson Columbia Sq, 555 Thirteenth St.,
NW, Washington, DC 20004-1109 NA 130
HR Group, Inc. 1000 Circle 75 Parkway, Suite 710,
Atlanta, GA 30339 NA 26
Hugh A. Gower 195 Edgemere Way S., Naples,FL 33999 NA 28
Human Resources 15307 Government St., Gulfport,
Management MS 39503 NA 33
Ingenious Mind, Inc. 170 West 23rd St., New York, NY 10011 NA 57
International Business P.O.Box 105063-BO 030,
Machines Atlanta, GA 30348 NA 53
IPD Printing & Dist- P.O.Box 81000, Chamblee, GA 30366 NA 100
ributing, Inc.
James F. Reinhardt 230 River N. Dr., Suite 100,
Atlanta, GA 30346 NA 200
Jeffcoat & Associates, L.P. 5266 Grantswood Rd., B'ham, AL 35210 NA 164
Jeff Smith 30 East 21st St, New York, NY 10010 NA 52
JND Sterling 7000 Central Parkway, Suite 1470,
Atlanta, GA 30328 NA 35
</TABLE>
(Continued on page 27H)
<PAGE>
27H
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Judy Moriarty Lewis, Inc. 3534 Blue Jay Rd., B'ham, AL 35243 NA 41
Jundt Associates, 1550 Utica Avenue South,
Inc. Suite 950, Minneapolis, MN 55416 NA 187
Keller & Heckman 1001 G Street, NW, Suite 500,
West, Washington, DC 20001 NA 206
Kyle E. Wilcutt/Axcess
Consulting & Training P.O.Box 1235, Roswell, GA 30077 NA 36
Learn PC, Inc. 10729 Bren Rd. E., Minneapolis,
MN 55343 NA 28
LeCorp, Inc. P.O.Box 51, Alton, AL 35015 NA 52
Lenora C. Stephens, Ph.D. 4200 Miners Creek Rd., Lithonia,
GA 30058 NA 32
Lexis-Nexis P.O.Box 100176, Atlanta, GA 30384 NA 64
Louisiana State Univ. & Office of Accounting Svcs, Baton
A&M College Rouge, LA 70803-2901 NA 92
Management Advances, Inc. P.O.Box 513, Larkspur, CA 94977 NA 119
Manpower Temporary Services P.O.Box 55297, Birmingham, AL 35255 NA 76
Margaret A. Welch 3055 Brockton Close, Marietta,
GA 30068 NA 45
Marjiana M. Schumann 1210 Kay Terrace, Conyers, GA 30208 NA 87
Marketing Workshop 3294 Medlock Bridge Rd., Suite 200
Norcross, GA 30092 NA 30
Martin Program Development, 5088 Victor Trail, Norcross,
Inc. GA 30071 NA 109
C.V. & R.V. Maudlin 1511 K Street,NW,Washington,DC 20005 NA 42
McCall Consulting Group Two Ravinia Dr., Suite 1090,
Merrill Lynch Pierce P.O.Box 12251, Church Street Station
Fenner & Smith New York, NY 10249 NA 76
Merz & McLallan, AG Gewerbebank Baden, Bahnhofplatz 1,
CH-5400 Baden, Switzerland NA 27
Atlanta, GA 30346 NA 38
</TABLE>
(Continued on page 27I)
<PAGE>
27I
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Mesa, Inc. 1720 S. Catalina, Suite 204,
Redondo Beach, CA 90277 NA 101
The Mescon Group One Peachtree Center, 303 Peachtree
St.,NE, Suite 1620,
Atlanta, GA 30308 NA 53
Meta Group, Inc. P.O.Box 10265, Newark, NJ 07193-0265 NA 51
Micro Investment Systems P.O.Box 8599, Atlanta, GA 30306 NA 153
Mississippi Power Co. P.O.Box 4079, Gulfport, MS 39501 A 244
Moody's Investor Service P.O.Box 102597, Atlanta, GA 30368-0597 NA 102
Morgan Stanley 1221 Avenue of the Americas, 34th Fl.,
New York, NY 10020 NA 45
National Analysts, Inc. P.O.Box 8500-S8130,
Philadelphia, PA 19178-8130 NA 303
National Environmental 600 Watergate South, Suite 1010,
Strategies Washington, DC 20037 NA 214
National Training 1408 N. Morningside Dr.,
Systems Atlanta, GA 30306 NA 95
Ogilvy and Mather Adv. Corestates Financial Corp.,Lockbox 1820,
F.C.1-2-4-3, 1 North 5th St.,
Philadelphia, PA 19178-1820 NA 59
On-Line Consultants 4356 Springfield Dr.,
Norcross, GA 30092 NA 133
Onesource Information P.O.Box 371112, Pittsburgh,
Services, Inc. PA 15251-7112 NA 41
Pace Group, Inc. 142 Ferry Rd., Suite 7,
Old Saybrook, CT 06475 NA 78
Parks Associates 5310 Harvest Hills Rd., Suite 235,
Lock Box 162, Dallas, TX 75230 NA 70
Pensacola Testing 217 E. Brent Lane, Pensacola,
Laboratories, Inc. FL 32503 NA 34
People Soft 1331 N. California Blvd.,
Walnut Creek, CA 94596 NA 61
</TABLE>
(Continued on page 27J)
<PAGE>
27J
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Performance Systems & P.O.Box 49151,
Development, Inc. Atlanta, GA 30359 NA 41
Pitney Bowes Management P.O.Box 845801, Dallas, TX
Services TX 75284-5801 NA 43
Planning & Control Inc. Grant Center, 2160 North Central
Rd., Fort Lee, NJ 07024 NA 34
Pony Express Courier P.O.Box 75079, Charlotte, NC 28275 NA 111
Pritchett & Associates 13155 Noel Rd., Suite 1600,
Dallas, TX 75240 NA 37
Proudfoor Crosby
Sun Bank, NA P.O. Box 620000, Orlando, FL 32891 NA 64
Radian Corp. P.O.Box 841687, Dallas, TX 75284 NA 174
Ralph M. Parsons Co. File # 51790, Los Angeles, CA 90074 NA 40
Reid & Priest 40 West 57th St., New York, NY 10019 NA 74
Remediation Technologies 9 Pond Land, Concord, MA 01742 NA 37
Resource Data International P.O.Box 106, Boulder, CO 80306 NA 44
Richard F. Higgins 5043 Village Green Way,
Alpharetta, GA 30201 NA 36
Robert H. Miles, Ph.D. 3414 Habersham Rd., Atlanta, GA 30305 NA 332
Rowan Technologies Limited Unit T19, Carrington Business Park,
Carrington, Urmstron, Manchester
M31 4DD England NA 38
SAS Consulting Services 1700 Rockville Pike, Suite 330,
Inc. Rockville, MD 20852 NA 61
Savannah Electric & Power P.O.Box 968, Savannah, GA 31401 A 46
Savannah Laboratories &
Environmental Serv. P.O.Box 13548, Savannah, GA 31416 NA 80
Scott, Madden & 2626 Glenwood Ave., Suite 480,
Associates, Inc. Raleigh, NC 27608 NA 324
SCSPDA 64 Perimeter Ctr. E.,Atlanta,GA 30346 A 36
SDR, Inc. P.O.Box 81038, Atlanta, GA 30341 NA 101
</TABLE>
(Continued on page 27K)
<PAGE>
27K
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
Seatec, Inc. P.O.Box 127, Warrior, AL 35180 NA 44
Situation Management 195 Hanover St., Hanover,
Systems, Inc. MA 02339-2294 NA 121
Software Spectrum P.O.Box 840150,
Dallas, TX 75284 NA 108
Software Technical 3020 Holcomb Bridge Road
Services, Inc. Norcross, GA 30071 NA 48
Southeast Marketing 1000 Northbrook Parkway, Suite B
Services, Inc. Suwanee, GA 30174 NA 35
Southern Electric 900 Ashwood Pkwy, Suite 500,
International Atlanta, GA 30338 A 48
Southern Enterprise 64 Perimeter Ctr. E.,Atlanta,GA 30346 A 41
Southern Research Institute P.O.Box 11407,Drawer 0375, B'ham, AL NA 298
Standard & Poor's Corp. 25 Broadway, New York, NY 10004 NA 32
Stephen N. Cole, Inc. 4745 Paran Valley, Atlanta, GA 30327 NA 131
Strategic Marketing
Decisions Box 335, Woodstock, GA 30188 NA 29
Success Sciences, Inc. 4809 E. Busch Blvd., Suite 208,
Tampa, FL NA 45
Sudhir Kumar Agarnal 1888 Century Way, Escondido, CA 92026 NA 38
Suntrust Public Finance P.O.Box 4418, Atlanta, GA 30302 NA 44
Systematic Solutions, 534 E. Dayton-Yellow Springs Rd.,
Inc. Fairborn, OH 45324 NA 26
Systems Applications Intl P.O.Box 44025, San Francisco,CA 94144 NA 750
Tanner & Herring, 1 Independence Plaza, Suite 504,
Inc. Birmingham, AL 35209 NA 34
TATA Consulting Services 101 Park Ave., 26th Floor,
New York, NY 10178 NA 945
The Executive Speaker, 891 Mayfield Ave., Winter
Inc. Park, FL 32789-2610 NA 58
The Global Utilities Institute
of Samford Univ. S.U.Box 2311, Birmingham, AL 35229 NA 531
The McBurney Corp. P.O.Box 1827, Norcross, GA 30091-1827 NA 210
</TABLE>
(Continued on page 27L)
<PAGE>
27L
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
The University of Alabama University Station, AB 990,
at Birmingham Birmingham, AL 35294 NA 29
Arthur A. Thompson 7200 Commodore Dr.,
& Assoc. Tuscaloosa, AL 35406 NA 129
Time & Money, Inc. P.O.Box 88454, Dunwoody, GA 30356 NA 52
Towers Perrin P.O.Box 8500, S-6110,
Philadelphia, PA 19178 NA 155
Trexler & Associates, 1131 S.E. River Forest Rd.,
Inc. Oak Grove, OR 97267 NA 49
Triad Technologies, 2976 Pacific Dr., Norcross,
Inc. GA 30071 NA 40
Trust Company P.O.Box 4418, Center 033,
Atlanta, GA 30302 NA 107
United Technologies 411 Silver Lane, East
Technology Center, Inc. Hartford, CT 06108 NA 335
University of Florida Treeo Center, 3990 SW 63rd Blvd.,
Gainesville, FL 32608-3848 NA 37
Utility Management Suite 410, Waterview Plaza, 2001
Services Group Route 46, Parsippany, NJ 07054 NA 82
Barry A. Vittor & 8060 Cottage Hill Road,
Associates, Inc. Mobile, AL 36695 NA 36
Wachovia Bank of P.O.Box 4148, Mail Code 3940,
Georgia, NA Atlanta, GA 30302 NA 79
Walker/Free Associates 1730 Pennsylvania Ave., NW,
Washington, DC 20006 NA 154
WEFA, Inc. P.O.Box 8500, S-1995,
Philadelphia, PA 19178 NA 31
Wells Fargo Guard Services P.O.Box 668100, File #98993,
Charlotte, NC 28266 NA 499
William M. Mercer, Inc. Dept. 97512, Louisville, KY 40297 NA 32
William Morehead 634 Lane St., Yreka, CA 96097 NA 60
</TABLE>
Continued on page 27M)
<PAGE>
27M
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside
services employed. If the aggregate amounts paid
to any one payee and included within one
subaccount is less than $25,000, only the
aggregate number and amount of all such payments
included within the subaccount need be shown.
Provide a subtotal for each type of service.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
RELATIONSHIP
"A"=ASSOCIATE
"NA"= NON
FROM WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
W. Robert Worley 190 St. Clair Dr.,St. Simons
Island, GA 31522 NA 46
Xerox Corporation Xerox Sq-0870, Rochester, NY 14664 NA 595
Z Solutions 9430 Huntcliff Trace,
Atlanta, GA 30350 NA 54
1,223 Other Items (less than
$25,000 paid to other
than Associate Cos.) Aggregating NA 3,252
35,853
$80,414
</TABLE>
<PAGE>
28
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
EMPLOYEE PENSIONS AND BENEFITS
ACCOUNT 926
INSTRUCTIONS: Provide a listing of each pension plan and benefit program
provided by the service company. Such listing should be
limited to $25,000.
DESCRIPTION AMOUNT
Pensions $(1,523)
Early Retirement Benefits 13,957
Employees Group Insurance 7,486
Postretirement Medical Benefits 9,504
Postretirement Life Benefits 2,409
Educational Assistance Plan 146
Minority Scholarship Program 83
Employee Savings Plan - Company Contribution 5,058
Employee Health and Physical Examinations 122
Other (Employees' Professional Fees and
Other Employee Fringe Benefits) 365
-------
TOTAL $37,607
=======
<PAGE>
29
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
GENERAL ADVERTISING EXPENSES
ACCOUNT 930.1
INSTRUCTIONS: Provide a listing of the amount included in
Account 930.1, "General Advertising Expenses",
classifying the items according to the nature of
the advertising and as defined in the account
definition. If a particular class includes an
amount in excess of $3,000 applicable to a single
payee, show separately the name of the payee and
the aggregate amount applicable thereto.
DESCRIPTION NAME OF PAYEE AMOUNT
NOT APPLICABLE
<PAGE>
30
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
MISCELLANEOUS GENERAL EXPENSES
ACCOUNT 930.2
INSTRUCTIONS: Provide a list of the amount included in Account 930.2,
"Miscellaneous General Expenses", classifying the items
according to their nature. Payments and expenses permitted
by Section 321 (b) (2) of the Federal Election Campaign Act,
as amended by Public Law 94-284 in 1976 (2 U.S.C.S. 441 (b)
(2) shall be separately classified.
DESCRIPTION AMOUNT
Meetings/Seminars/Hotels/Catering/Meals/Conferences $1,530
Dues and Memberships 610
Recruiting/Interviewing/Placement 25
Employee Training 3,045
Transportation/Personnel Expense 37
Billing Adjustments (296)
Membership Fee 6
Employee Activities 140
Corporate Moving Expense 92
Bank Fees 209
Other General Expense 802
TOTAL $6,200
======
<PAGE>
31
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
RENTS
ACCOUNT 931
INSTRUCTIONS: Provide a listing of the amount included in Account 931,
"Rents", classifying such expenses by major groupings of
property, as defined in the account definition of the
Uniform System of Accounts.
DESCRIPTION AMOUNT
Office Rents $ 6,491
Computer and Other Data Processing Equipment Rental 1,188
Software Rental 2,282
Automobile, Office Furniture & Equipment, and
Miscellaneous Storage & Equipment Rental 736
TOTAL $10,697
=======
<PAGE>
32
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
TAXES OTHER THAN INCOME TAXES
ACCOUNT 408
INSTRUCTIONS: Provide an analysis of Account 408, "Taxes Other Than Income
Taxes". Separate the analysis into two groups: (1) other
than U.S. Government taxes, and (2) U.S. Government taxes.
Specify each of the various kinds of taxes and
show the amounts thereof. Provide a subtotal for
each class of tax.
KIND OF TAX AMOUNT
Other Than U.S. Government Taxes
State Unemployment $ 90
State Franchise 8
Net Worth Tax 52
Intangible Property Tax 2
Miscellaneous Taxes 21
Property and Other City and State 1,349
Subtotal - Other 1,522
U.S. Government Taxes
Federal Insurance Contributions Act 10,717
Federal Unemployment 171
Subtotal - U.S. Government 10,888
TOTAL $12,410
=======
<PAGE>
33
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
DONATIONS
ACCOUNT 426.1
INSTRUCTIONS: Provide a listing of the amount included in Account 426.1,
"Donations", classifying such expenses by its purpose. The
aggregate number and amount of all items of less than $3,000
may be shown in lieu of details.
NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT
280 Shades Creek Project Civic & Charitable $ 28
Alabama, University of Employee Matching Gift 12
Alpha Phi Alpha Fraternity Educational Contribution 5
American Council for Capital Formation Support of Program 5
American Heart Association Civic & Charitable 6
Atlanta Chamber of Commerce Civic & Charitable 10
Atlanta Project Civic & Charitable 5
Auburn University Employee Matching Gift 4
Birmingham Area Chamber of Commerce Civic & Charitable 25
Birmingham Area Council Civic & Charitable 6
Birmingham Urban Revitalization Project Civic & Charitable 125
Business Institute for Political Analysis Support of Program 25
Callanwold Fine Arts Center Civic & Charitable 5
Care Foundation Civic & Charitable 5
Center for Legislative Energy &
Environmental Research Support of Program 8
Children's Hospital Civic & Charitable 4
City Stages Run Civic & Charitable 4
Edison Electric Institute Support of Program 51
Georgia Council on Economic Education Educational Contribution 5
Georgia Institute of Technology Employee Matching Gift 8
Georgia Institute of Technology Educational Contribution 20
Georgia Mental Health Association Civic & Charitable 3
Georgia Youth Science & Technology Center Civic & Charitable 30
International Science & Engineering Fair Civic & Charitable 5
Kennedy Center for Performing Arts Civic & Charitable 5
Keystone Center Civic & Charitable 15
Literacy Council of Central Alabama Civic & Charitable 5
March of Dimes Civic & Charitable 21
The National Coal Council Support of Program 18
Partnership for a Drug Free America Civic & Charitable 15
Republican Senate/House Dinner Trust Support of Program 20
Resources for the Future Support of Program 25
<PAGE>
33A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
DONATIONS
ACCOUNT 426.1
INSTRUCTIONS: Provide a listing of the amount included in Account 426.1,
"Donations", classifying such expenses by its purpose. The
aggregate number and amount of all items of less than $3,000
may be shown in lieu of details.
NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT
Senator's Ski Cup Civic & Charitable 7
Smithsonian Institution Civic & Charitable 8
Southern Governor's Association Support of Program 5
Southern States Energy Board Support of Program 4
Taste of the South (Tutwiler Clinic) Civic & Charitable 9
Tax Foundation, Inc. Civic & Charitable 4
United Negro College Fund Educational Contribution 15
United States Energy Association Support of Program 3
U. S. Olympic Committee Civic & Charitable 10
United Way Civic & Charitable 135
Woodruff Arts Center Civic & Charitable 3
92 Other Items (Less than $3,000) Civic & Charitable 124
129 Other Items (Less than $3,000) Employee Matching Gift 26
5 Other Items (Less than $3,000) Support of Program 4
4 Other Items (Less than $3,000) Educational Contribution 5
TOTAL 890
===
<PAGE>
34
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
OTHER DEDUCTIONS
ACCOUNT 426.5
INSTRUCTIONS: Provide a listing of the amount included in Account 426.5,
"Other Deductions", classifying such expenses according to
their nature.
DESCRIPTION NAME OF PAYEE AMOUNT
NOT APPLICABLE
<PAGE>
35
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XVIII
NOTES TO STATEMENT OF INCOME
INSTRUCTIONS: The space below is provided for important notes
regarding the statement of income or any account
thereof. Furnish particulars as to any significant
increase in services rendered or expenses incurred
during the year. Notes relating to financial
statements shown elsewhere in this report may be
indicated here by reference.
See Notes to Financial Statements on Pages 19 - 19H.
<PAGE>
36
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
(Thousands of Dollars)
SCHEDULE XIX
FINANCIAL DATA SCHEDULE
INSTRUCTIONS: The space below is provided for important notes
regarding the statement of income or any account
thereof. Furnish particulars as to any significant
increase in services rendered or expenses incurred
during the year. Notes relating to financial
statements shown elsewhere in this report may be
indicated here by reference.
Net Service Company Property 134,776
Total Investments 2,880
Total Current and Accrued Assets 114,510
Total Deferred Debits 898
Balancing Amount for Total Assets and Other Debits -
Total Assets and Other Debits 253,064
Total Proprietary Capital 784
Total Long-Term Debt 74,048
Notes Payable 12,428
Notes Payable to Associate Companies 15,050
Balancing Amount for Total Current and Accrued
Liabilities 89,958
Total Deferred Credits 60,796
Accumulated Deferred Income Taxes -
Total Liabilities and Proprietary Capital 253,064
Services Rendered to Associate Companies 361,253
Services Rendered to Nonassociate Companies 44,326
Miscellaneous Income or Loss 421
Total Income 406,000
Salaries and Wages 164,884
Employee Pensions and Benefits 37,607
Balancing Amount for Total Expenses 203,509
Total Expenses 406,000
Net Income (Loss) -
Total Expenses (Direct Costs) 302,288
Total Expenses (Indirect Costs) 103,291
Total Expenses (Total) 405,579
Number of Personnel End of Year 2,432
<PAGE>
37
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
ORGANIZATION CHART
President
& CEO
Sr. Executive Dir. Internal Vice Pres. Executive Senior
Vice Pres. Auditing Information Vice Pres. Vice Pres.
Atlanta Resources Finance & External
Region Accounting Affairs
Vice Pres. Dir. Internal Vice Pres. Vice Pres. Vice Pres.
Materials Auditing Human & Public
Management Birmingham Resources Comptroller Relations
Region
Vice Pres. Dir. Internal Vice Pres. Vice Pres. Vice Pres.
Research & Auditing Planning,Mkt. Secretary & Federal
Environmental Mississippi Research & House Government
Affairs Support Counsel Relations
Vice Pres. Dir. Internal Director Vice Pres.
Operating & Auditing Short-Term Environmental
Planning Svcs. Savannah Finance Policy
Vice Pres. Director Vice Pres.
Fuel Financial Corporate
Services Planning & Counsel
Treasury
Executive
Vice Pres.
Engineering
Vice Pres.
Projects
Management
<PAGE>
38
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
METHODS OF ALLOCATION
1. Annual Operating Area Territorial Load Basis
Each Client Operating Company, other than Southern Electric
Generating Company (SEGCO), will be charged that percentage of the
total Service Company charges to be distributed by this method which
its annual operating area territorial load is of the total annual
operating area territorial load of the Southern electric system,
defined as total energy generated plus energy received minus energy
deliveries to exclude loads and include all Southeastern Power
Administration (SEPA) Preference Customer loads (exclusive of the
direct SEPA-Crisp County component), as well as loads served jointly
by Georgia Power Company and Oglethorpe Electric Membership
Corporation, Municipal Electric Association of Georgia (MEAG), and
City of Dalton through the aforesaid companies joint ownership of
generating facilities with Georgia Power Company. The MEAG component
includes any component for Crisp County under the provisions of the
MEAG-Crisp County Agreement. Excluded areas are such as those of
South Mississippi Electric Power Association, Alabama Electric
Cooperative, Tennessee Valley Authority, Florida Power Corporation,
etc.
2. Customer Basis
Each Client Operating Company, other than SEGCO, will be charged that
percentage of the total Southern Company charges to be distributed by
this method which its average number of customers for the preceding
year is of the total average number of customers of the Southern
electric system, other than SEGCO, for such year.
3. Employee Basis
Each Client Operating Company, other than SEGCO, will be charged that
percentage of the total Service Company charges to be distributed by
this method which its average number of employees for the preceding
year is of the total average number of employees of all Client
Operating Companies, other than SEGCO, for such year.
4. Direct Billing Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its applicable Service Company direct billings for the preceding year
is to the total Service Company direct billings for such year.
<PAGE>
38A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
METHODS OF ALLOCATION
5. Financial Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its average of the percentages of net fixed assets, operating
expenses and operating revenue sources is to the total Client
Operating Company net fixed assets, operating expenses and operating
revenue of the Southern electric system.
6. Fossil Fuel Generation Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its generation from fossil fuel sources is of the total generation
from fossil fuel sources of the Southern electric system.
7. Fossil and Hydro Capacity Basis
Each Client Operating Company will be charged the factor determined
by dividing the total fossil and hydro generating capacity for each
company, including capacity attributed to joint owners of system
plants, by the total fossil and hydro generating capacity for the
Southern electric system.
8. Insurance Premium Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its applicable insurance premiums is to the total applicable
insurance premiums of the Southern electric system.
9. Net Fixed Assets Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its net fixed assets is to the total net fixed assets of the Southern
electric system.
10. Number of Nuclear Plants
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its number of nuclear plants is to the total nuclear plants.
<PAGE>
38B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
METHODS OF ALLOCATION
11. Number of Vehicles Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its number of vehicles is to the total vehicles maintained on the
Standard Transportation System.
12. Nuclear Plant Capacity Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its name plate kilowatt capacity of nuclear plants is to the total
kilowatt capacity of all nuclear plants.
13. Nuclear Plant Generation Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
its net generation of nuclear plants is to the total net generation
of all nuclear plants.
14. Preferred Stockholder Basis
Each Client Operating Company will be charged that percentage of the
total Service Company charges to be distributed by this method which
is the number of preferred stockholders per Client Operating Company
to the total preferred stockholders maintained on the Standard
Preferred Stock System.
15. Salary Basis
The ratio of all applicable work orders for the appropriate division,
department, groups of departments or other cost centers that incur
salary charges per month. The larger the amount of salary charges to
a direct work order, the larger the amount that work order will
receive in the allocation.
<PAGE>
38C
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
METHODS OF ALLOCATION
16. Southern System Basis
This method will be applicable only to charges for services which
relate to Southern and other Client Operating Companies. Each Client
Operating Company will be charged for the charges to be distributed
by this method in the ratio of such Client Company's total
capitalization to the sum of the total capitalization of all Client
Operating Companies.
17. System Aircraft
Variable costs incurred related to system aircraft are
charged to theparticipating Client Companies using one of three methods:
A) Variable costs incurred for travel within the Southern electric
system are allocated using the Southern System Basis;
B) Variable costs incurred for travel outside the Southern electric
system are allocated based on the percentage of miles flown for
each specific Client Company to the total miles flown by all
participating Client Companies.
C) Variable costs incurred for travel inside a particular Client
Company's service territory are allocated based on the
percentage of miles flown for each specific Client Company to
the total miles flown by all participating Client Companies.
Fixed costs related to system aircraft (rent, depreciation, salaries,
etc.) are allocated to participating Client Companies using a three-
year rolling average of variable costs.
<PAGE>
39
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED
The following annual statement was supplied to each associate client
company regarding interest billed for compensation of equity capital
and borrowed capital in 1994.
Pursuant to the amended Uniform System of Accounts for Mutual and Subsidiary
Service Companies implemented in January 1980, Southern Company Services is
required to submit an annual statement to its associated client companies
stating the amount and calculation of interest billed for compensation of
equity capital and borrowed capital. Southern Company Services does not bill
its associated client companies for compensation of equity capital.
In 1994 Southern Company Services initiated short-term borrowings from The
Southern Company and other outside banking institutions. The interest rates on
these borrowings ranged from 3.15% to 6.355%. Interest in the amounts
of$213,012.60 and $905,095.63 was accrued on Southern Company and outside
borrowings respectively and was billed to the client companies. The interest
was distributed to each company either on the appropriate fixed percentage
allocation basis or on the salary allocation basis in accordance with the SEC
orders and our service contracts.
In addition, as of December 31, 1994, Southern Company Services had long-term
debt outstanding from various institutions in the amount of $74,475,938.95.
The interest rates on these borrowings ranged from 4.62% to 13.0%. Interest
of $6,814,254.72 was accrued and billed to the client companies. The interest
was distributed to each company either on the appropriated fixed percentage
allocation basis or on the salary allocation basis in accordance with the SEC
orders and service contracts.
The interest on total service company indebtedness was billed to the associate
and nonassociate companies as follows:
The Southern Company $ 527,215.28
Alabama Power Company 1,930,060.93
Georgia Power Company 3,193,066.60
Gulf Power Company 474,869.40
Mississippi Power Company 537,853.06
Savannah Electric & Power Company 128,169.97
Southern Development and Investment Group, Inc. 670.80
Southern Electric Generating Company 14,336.19
Southern Electric International, Inc. 286,199.28
Southern Electric Railroad Company 22,592.47
Southern Nuclear Operating Company 758,041.42
Nonassociate 59,287.55
-------------
$7,932,362.95
=============
<PAGE>
40
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1994
SIGNATURE CLAUSE
Pursuant to the requirements of the Public
Utility Holding Company Act of 1935 and the rules
and regulations of the Securities and Exchange
Commission issued thereunder, the undersigned
company has duly caused this report to be signed on
its behalf by the undersigned officer thereunto
duly authorized.
Southern Company Services, Inc.
(Name of Reporting Company)
By: /s/ W. Dean Hudson
(Signature of Signing Officer)
W. Dean Hudson, Vice President & Comptroller
(Printed Name and Title of Signing Officer)
Date: April 24, 1995
