Form U-13-60
Mutual and Subsidiary Service Companies
Revised February 7, 1980
ANNUAL REPORT
For The Period
Beginning January 1, 1995 and Ending December 31, 1995
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 of
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
<TABLE>
<CAPTION>
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.
<S> <C> <C> <C>
ACCOUNT ASSETS AND OTHER DEBITS AS OF DECEMBER 31
CURRENT PRIOR
- ------ ----------------------- ------- -----
SERVICE COMPANY PROPERTY
101 Service company property (Schedule II) 228,515 255,116
107 Construction work in progress (Schedule II) 17,492 15,798
------- -------
Total Property 246,007 270,914
------- -------
108 Less accumulated provision for depreciation
and amortization of service company
property (Schedule III) 121,392 136,138
------- -------
Net Service Company Property 124,615 134,776
------- -------
INVESTMENTS
123 Investments in associate companies (Schedule IV) - -
124 Other investments (Schedule IV) 3,401 2,880
------- -------
Total Investments 3,401 2,880
------- -------
CURRENT AND ACCRUED ASSETS
131 Cash - -
134 Special deposits - -
135 Working funds - 99
136 Temporary cash investments (Schedule IV) - -
141 Notes receivable 3 60
143 Accounts receivable 31,603 29,344
146 Accounts receivable from associate
companies (Schedule V) 133,339 81,132
152 Fuel stock expenses undistributed (Schedule VI) - -
154 Materials and supplies 1,764 1,541
163 Stores expense undistributed (Schedule VII) - -
165 Prepayments 1,601 2,334
174 Miscellaneous current and accrued assets
(Schedule VIII) - -
------- -------
Total Current and Accrued Assets 168,310 114,510
------- -------
DEFERRED DEBITS
181 Unamortized debt expense 1 3
184 Clearing accounts 1 106
186 Miscellaneous deferred debits (Schedule IX) 7,676 789
188 Research, development, or demonstration
expenditures (Schedule X) - -
190 Accumulated deferred income taxes - -
------- -------
Total Deferred Debits 7,678 898
------- -------
TOTAL ASSETS AND OTHER DEBITS 304,004 253,064
======= =======
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
5
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
(Thousands of Dollars)
SCHEDULE I - COMPARATIVE BALANCE SHEET
--------------------------------------
<S> <C> <C>
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) 150 59
215 Appropriated retained earnings (Schedule XI) - -
216 Unappropriated retained earnings
(Schedule XI) - -
------- -------
Total Proprietary Capital 875 784
------- -------
LONG-TERM DEBT
223 Advances from associate companies (Schedule XII) - -
224 Other long-term debt (Schedule XII) 63,450 74,048
225 Unamortized premium on long-term debt - -
226 Unamortized discount on long-term debt-debit - -
------- -------
Total Long-Term Debt 63,450 74,048
------- -------
CURRENT AND ACCRUED LIABILITIES
231 Notes payable 10,599 12,428
232 Accounts payable 26,056 22,484
233 Notes payable to associated companies
(Schedule XIII) 5,890 15,050
234 Accounts payable to associate companies
(Schedule XIII) 42,663 23,316
236 Taxes accrued 292 346
237 Interest accrued 106 207
238 Dividends declared - -
241 Tax collections payable 1,280 1,409
242 Miscellaneous current and accrued
liabilities (Schedule XIII) 64,272 42,196
------- -------
Total Current and Accrued Liabilities 151,158 117,436
------- -------
DEFERRED CREDITS
253 Other deferred credits 88,521 60,796
255 Accumulated deferred investment tax credits - -
------- -------
Total Deferred Credits 88,521 60,796
------- -------
282 ACCUMULATED DEFERRED INCOME TAXES - -
--------------------------------- ------- -------
TOTAL LIABILITIES AND PROPRIETARY
CAPITAL 304,004 253,064
======= =======
</TABLE>
<PAGE>
6
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
SCHEDULE II
-----------
SERVICE COMPANY PROPERTY
------------------------
<S> <C> <C> <C> <C> <C> <C>
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 1,819 - (1,819) - -
305 STRUCTURES AND
IMPROVEMENTS 53,399 46 (2,664) - 50,781
306 LEASEHOLD
IMPROVEMENTS 26,398 2,431 (7,344) - 21,485
307 EQUIPMENT 2/ 104,969 7,079 (32,483) 22 79,587
-
308 OFFICE FURNITURE
AND EQUIPMENT 25,776 4,529 (999) 5,398 34,704
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT 3,517 423 (2,657) 21 1,304
310 AIRCRAFT AND
AIRPORT EQUIPMENT 28,692 2 - - 28,694
311 OTHER SERVICE COMPANY
PROPERTY 3/ 10,546 1,422 (8) - 11,960
- ------- ------- --------- -------- -------
SUB-TOTAL 255,116 15,932 (47,974) 5,441 228,515
------- ------- ------- ------- -------
107 CONSTRUCTION WORK
IN PROGRESS 4/ 15,798 1,822 - (128) 17,492
- ------- ------- -------- ------- -------
TOTAL 270,914 17,754 (47,974) 5,313 246,007
======= ======= ======= ======= =======
</TABLE>
1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
( ) 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. 410 1,311
307/03 Word Processing/Office
Automation Equip. 556 3,779
307/04 Personal Computer Equip. 4,393 34,296
307/05 Computer Equipment 153 24,264
307/11 Telephone Systems 397 6,889
307/12 Telecommunications Equip. 1,170 9,048
308/01 Furniture & Fixtures 3,874 23,540
308/09 Data Handling Equipment
& Miscellaneous 655 11,164
309/08 Autos, Trucks & Trailers 423 1,304
310/07 Aircraft 2 28,694
311/10 Software 1,417 10,264
311/13 Coal Pilot Scale Combustion
Facility - 1,671
311/14 Boats 5 25
------ -------
TOTAL 13,455 156,249
====== =======
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.
<PAGE>
8
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
SCHEDULE III
------------
ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY
------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
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 19,604 2,019 (794) - 20,829
306 LEASEHOLD
IMPROVEMENTS 10,711 1,002 (4,315) - 7,398
307 EQUIPMENT 79,842 8,9040 (30,721) 6 58,031
308 OFFICE FURNITURE
AND FIXTURES 10,996 2,641 (817) 5,401 18,221
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT 1,816 353 (1,478) 9 700
310 AIRCRAFT AND
AIRPORT EQUIPMENT 7,954 1,047 - - 9,001
311 OTHER SERVICE
COMPANY PROPERTY 5,215 2,008 (1) (5) 7,212
------- ------ ------- ------ -------
TOTAL 136,138 17,971 (38,128) 5,411 121,392
======= ====== ======= ====== =======
</TABLE>
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, 1995
(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
EGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
----------- --------- ----------
ACCOUNT 123 - INVESTMENT IN ASSOCIATE
COMPANIES - -
ACCOUNT 124 - OTHER INVESTMENTS
Employee Merchandise Loans - 31
Employee Energy Loans 1,842 2,287
Energy Insurance Mutual LTD - Reserve 11 11
ACE Limited - Reserve 69 69
Employee Computer Loans 866 875
Notes Receivable 87 86
Miscellaneous 5 42
ACCOUNT 136 - TEMPORARY CASH INVESTMENTS - -
----- -----
TOTAL 2,880 3,401
===== =====
<PAGE>
10
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
BALANCE AT BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
----------- --------- ---------
ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
The Southern Company 3,403 890
Alabama Power Company 15,355 34,494
Georgia Power Company 26,306 55,327
Gulf Power Company 5,346 9,488
Mississippi Power Company 4,893 14,243
Savannah Electric and Power Company 4,921 5,903
Southern Communications Services, Inc. 9,638 753
Southern Development & Investment Group, Inc. 1 505
Southern Electric Generating Company 384 432
Southern Electric International, Inc. 1,986 1,196
Southern Electric Railroad 19 75
Southern Nuclear Operating Company 8,397 10,020
Trustee for SCS Pension 483 13
------ -------
TOTAL 81,132 133,339
====== =======
ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS: TOTAL
PAYMENTS
--------
The Southern Company 881
Alabama Power Company 51,012
Georgia Power Company 95,662
Gulf Power Company 20,012
Mississippi Power Company 56,185
Savannah Electric and Power Company 48,265
Southern Communications Services, Inc. 907
Southern Development & Investment Group, Inc. 345
Southern Electric Generating Company 280
Southern Electric International, Inc. 1,433
Southern Electric Railroad -
Southern Nuclear Operating Company 2,224
Trustee for SCS Pension 2,380
--------
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 279,586
=======
</TABLE>
<PAGE>
11
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
SCHEDULE VI
-----------
FUEL STOCK EXPENSES UNDISTRIBUTED
---------------------------------
<TABLE>
<CAPTION>
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.
<S> <C> <C> <C>
DESCRIPTION LABOR EXPENSES TOTAL
----------- ----- -------- -----
ACCOUNT 152 - FUEL STOCK EXPENSES
UNDISTRIBUTED 3,604 2,731 6,335
Total amount billed during current
year as follows:
Associated Companies
The Southern Company (3) (2) (5)
Alabama Power Company (1,154) (866) (2,020)
Georgia Power Company (1,484) (1,021) (2,505)
Gulf Power Company (246) (161) (407)
Mississippi Power Company (336) (224) (560)
Savannah Electric and Power Company (77) (102) (179)
Southern Electric Generating Company (98) (70) (168)
Southern Electric International, Inc. (147) (165) (312)
Southern Electric Railroad (59) (120) (179)
------ ------ ------
Subtotal (3,604) (2,731) (6,335)
------ ------ ------
Nonassociated Companies - - -
TOTAL 0 0 0
===== ===== =====
</TABLE>
( ) 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, 1995
(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, 1995
(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, 1995
(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
Deposit for Georgia Sales and Use Tax 17 26
Wilsonville Clean-up 581 1,619
Payroll Taxes 180 13
Executive Stock Option Taxes - 4
Retire Capital Items 6 19
Architectural Fees - 560
Unamortized Leasehold - Bldg. 66 - 3,029
Sundry Delayed Clearance 5 2,406
---- ------
Total 789 7,676
==== ======
<PAGE>
15
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 66,469
Total amount billed/incurred during current year as follows:
Associate Companies
Clean Coal Projects:
Alabama Power Company (782)
Georgia Power Company (1,247)
Gulf Power Company (199)
Mississippi Power Company (158)
Savannah Electric & Power Company (15)
Southern Electric Generating Company (124)
Air Quality Studies (187)
Combustion and Fuel Effects (940)
Research Administration (571)
Flue Gas Treatment-Gen Evaluation (347)
Particulate Control Studies (317)
Advanced Energy Systems (1,862)
Thermal & Fluid Sciences (283)
R&D Tech. Econ Assessments (126)
Non-Associate Companies:
Electric Power Research Institute
Clean Coal Technology (129)
U.S. Department of Energy
Hot Gas Clean-up Project (55,889)
Westinghouse AP600 Design Certification (121)
Generic NOx Control Intelligent System (191)
GE - SBWR Project (5)
Westinghouse 1RST of Kind Engr (FOAKE) (1,575)
Clean Coal Technology (1,430)
Clean Coal Technology - Net Accrual 29
-------
TOTAL 0
=======
( ) Denotes red figure.
<PAGE>
16
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 150
ACCOUNT 215
APPROPRIATED RETAINED EARNINGS -
TOTAL 150
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, 1995
(Thousands of Dollars)
SCHEDULE XII - LONG-TERM DEBT
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <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.
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 - 10,000 15,000
------ ------ ---- ------ ------
OTHER LONG-TERM DEBT:
CAPITAL LEASE OBLIGATION
Taylor and Mathis 02/01/2011 9.25 7,225 5,874 - 185 5,689
Taylor and Mathis 02/01/2011 13.00 41,551 43,174 - 413 42,761
------ ------ ----- ----- ------
Subtotal 48,776 49,048 - 598 48,450
------ ------ ----- ----- ------
TOTAL 73,776 74,048 - 10,598 63,450
====== ====== ===== ====== ======
1/ GIVE AN EXPLANATION OF DEDUCTIONS: Wachovia - Deductions of $10,000,000.00 transferred to current maturities.
- - Taylor & Mathis - Deductions of $598,396.24 transferred to current maturities.
</TABLE>
<PAGE>
18
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 15,050 5,890
------ ------
TOTAL 15,050 5,890
====== ======
ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES
The Southern Company - -
Alabama Power Company 12,294 29,554
Georgia Power Company 3,983 4,175
Gulf Power Company 733 1,362
Mississippi Power Company 208 268
Savannah Electric and Power Company 20 15
Southern Electric Generating Company 38 38
Southern Electric International, Inc. - 967
Southern Nuclear Operating Company 6,040 5,936
Soutehrn Development & Investment Group - 348
------ ------
TOTAL 23,316 42,663
====== ======
ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES
Incentive Pay 15,751 22,410
Vacation Clearing Account 11,282 16,727
Accrued Labor & Related Overheads 4,208 2,924
Employee Group Insurance Premiums 2,624 1,234
Early Retirement Benefits 2,223 1,594
Productivity Improvement Program 1,902 12,447
Accumulated Provision for Major Overhaul
of Aircraft 1,209 1,416
Supplemental Pensions and Benefits 1,274 645
Department of Energy 240 262
Flex and Save Benefits 956 1,248
Post Employment Benefits 66 66
Severance Pay - 2,864
Metro Life Advance-Current 169 56
(Continued on Page 18A)
<PAGE>
18A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES
-----------------------------------------------
(Continued)
BALANCE BALANCE AT
BEGINNING CLOSE OF
DESCRIPTION OF YEAR YEAR
---------- -------- --------
SCS Employee Energy Loan 68 53
Employee Travel - Diners Club (43) -
Associate Companies - ESP 22 (7)
MPCO Credit Union Withholdings 99 -
APCO - U.S. Savings Bond Withholdings 20 108
Committment Fees - Credit Lines 63 80
Accrued Bank Fees 51 149
GPCO - U.S. Savings Bond Withholdings - 23
SNC - U.S. Savings Bond Withholdings 20 11
APCO - Supplemental Life Ins. - Pension - (24)
GPCO - Charitable Contributions
Withholdings - 12
SCS - Employee Savings Plan - (213)
GULF - Contributory Life Ins. Withholdings
- Pension - 25
MPCO - Contributory Life Ins. Withholdings
- Pension - 12
MPCO - Medical Withholdings 1 116
Miscellaneous (73) - 34
Miscellaneous (27) (9) -
------ -----
TOTAL 42,196 64,272
====== ======
<PAGE>
19
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
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.
The financial statements are prepared in conformity with generally
accepted accounting principles which requires the use of estimates. The
actual results may differ from those estimates.
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.
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.
<PAGE>
19A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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.
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.
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), Southern Electric Railroad Company (a subsidiary of The
Southern Company, which provides railroad services to the operating
subsidiaries) and Southern Communications Services, Inc. (a subsidiary
of The Southern Company, which provides wireless communications services
to the operating subsidiaries and their customers) 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.
<PAGE>
19B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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.
3. RETIREMENT BENEFITS
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. Amounts funded to the pension trusts are primarily
invested in equity and fixed-income securities. Statement of Financial
Accounting Standards No. 87, "Employers' Accounting for Pensions,"
requires use of the "projected unit credit" actuarial method for
financial reporting purposes.
Other Postretirement Benefits
The Company provides certain health care and life insurance benefits for
retired employees. Substantially all employees may become eligible for
these benefits when they retire. Trusts are funded to the extent
deductible under federal income tax regulations. Amounts funded are
primarily invested in debt and equity securities
19
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
SCHEDULE XIV
------------
NOTES TO FINANCIAL STATEMENTS
-----------------------------
INSTRUCTIONS: The space below is provided for important notes
following tables show actuarial results and assumptions for
pension and post retirement insurance benefits as computed
under the requirements of FASB Statement Nos. 87 and 106,
respectively. The funded status of the plans at December 31
was as follows:
<PAGE>
19C
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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.
Pension
---------------------
1995 1994
------- -------
(In Thousands)
Actuarial present value of
benefit obligations:
Vested benefits $172,643 $156,415
Non-vested benefits 12,308 6,980
--------- ---------
Accumulated benefit obligation 184,951 163,395
Additional amounts related to
projected salary increases 86,455 71,725
--------- ---------
Projected benefit obligation 271,406 235,120
Less:
Fair value of plan assets 376,547 315,040
Unrecognized net gain (121,438) (78,639)
Unrecognized prior service cost 5,303 4,782
Unrecognized net transition asset (13,970) (13,331)
--------- ---------
Accrued liability recognized
in the balance sheets $ 24,964 $ 7,268
========= =========
Postretirement Benefits
-----------------------
1995 1994
---- ----
(In Thousands)
Actuarial present value of
benefit obligation:
Retirees and Dependents $28,054 $29,484
Employees eligible to retire 3,869 1,695
Other employees 40,413 38,012
------- -------
Accumulated benefit obligations 72,336 69,191
Less:
Fair value of plan assets 16,656 13,440
Unrecognized net loss (gain) 3,464 (36)
Unrecognized transition obligation 9,807 23,802
------- -------
Accrued liability recognized in the
balance sheets $42,409 $31,985
======= =======
<PAGE>
19D
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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.
In 1995, the Company announced a cost sharing program for postretirement
benefits. The program establishes limits on amounts the Company will pay
to provide future retiree postretirement benefits. This change reduced
the 1995 accumulated postretirement benefit obligation by approximately
$15.8 million.
The weighted average rates assumed in the actuarial calculations were:
1995 1994
---- ----
Discount 7.25% 8.0%
Annual salary increase 4.75% 5.5%
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 9.75 percent for 1995 decreasing gradually to
5.25 percent through the year 2005 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, 1995, by $5.7 million and the aggregate of
the service and interest cost components of the net retiree medical cost
by $1.2 million.
<PAGE>
19E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
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.
Components of the plans net costs are shown below:
Pension
---------------------------
1995 1994
--------- --------
(In Thousands)
Benefits earned during the year $ 8,878 $ 8,945
Interest cost on projected
benefit obligation 17,484 15,917
Actual (return) loss on plan assets (70,331) 7,645
Net amortization and deferral 40,828 (34,883)
-------- --------
Net pension income $ (3,141) $(2,376)
======== =======
Postretirement Benefits
-----------------------
1995 1994
------ ------
(In Thousands)
Benefits earned during the year $2,441 $2,754
Interest cost on accumulated
benefit obligation 5,158 4,935
Amortization of transition obligation 1,317 1,333
Actual (return) loss on plan assets (3,230) 437
Net amortization and deferral 2,021 (1,549)
------ -------
Net postretirement costs $7,707 $7,910
====== ======
Work Force Reduction Programs
The Company has incurred additional costs for work force reduction
programs. The costs related to these programs were $1 million and $17
million for 1995 and 1994, respectively. These costs were charged to
income.
<PAGE>
19F
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
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 OPERATING LEASES
The Company leases various facilities and equipment under noncancelable
operating lease arrangements. Rental expense under all operating leases
was approximately $12,800,000 and $10,700,000 in 1995 and 1994,
respectively. Future minimum lease payments under these noncancelable
operating leases as of December 31, 1995 are as follows:
1996 $11,000,000
1997 8,800,000
1998 6,100,000
1999 5,900,000
2000 5,800,000
Thereafter 36,400,000
-----------
Total $74,000,000
===========
5. LONG-TERM DEBT AND NOTES PAYABLE - OTHER
Details of long-term debt and notes payable - other at December 31 are
as follows:
1995 1994
------ ------
(In Thousands)
Long-term debt
Notes payable:
4.62% due 1996 $10,000 $10,000
4.94% due 1997 15,000 15,000
------- -------
25,000 25,000
------- -------
Less Current Maturities (10,000) -
-------- -------
15,000 25,000
------- -------
Capitalized lease obligations:
9 1/4% building lease 5,874 6,045
13% building lease 43,174 43,431
------- -------
49,048 49,476
------- -------
Less Current Maturities (598) (428)
------- -------
48,450 49,048
------- -------
Total long-term debt $63,450 $74,048
======= =======
<PAGE>
19G
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
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.
Maturities over the next five years of the Company's long-term debt
outstanding at December 31, 1995 are as follows:
1996 $10,598,000
1997 15,792,000
1998 1,011,000
1999 1,259,000
2000 1,542,000
Thereafter 43,846,000
-----------
Total $74,048,000
===========
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 $28,572,000 and $30,460,000
at December 31, 1995 and 1994, 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.
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)
1995 $25.0 $24.8
1994 $25.0 $23.5
The fair values for long-term debt were based on closing prices of
comparable instruments.
6. PURCHASE COMMITMENTS
The Company has purchase commitments for computer hardware and software.
At December 31, 1995, future expenditures for these commitments are
estimated to be approximately $1,625,000 in 1996.
<PAGE>
20
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
SCHEDULE XV
-----------
STATEMENT OF INCOME
-------------------
<S> <C> <C> <C>
ACCOUNT DESCRIPTION CURRENT YEAR PRIOR YEAR
- ------- ----------- ------------ -----------
INCOME
457 Services rendered to associate companies 378,677 361,253
458 Services rendered to nonassociate
companies 70,665 44,326
421 Miscellaneous income or loss 2,890 421
------- -------
Total Income 452,232 406,000
------- -------
EXPENSE
920 Salaries and wages 181,613 164,884
921 Office supplies and expenses 62,037 48,342
922 Administrative expense transferred-
credit - -
923 Outside services employed 107,105 80,414
924 Property insurance 1,139 1,376
925 Injuries and damages 269 211
926 Employee pensions and benefits 20,340 37,607
928 Regulatory commission expense 69 16
930.1 General advertising expenses - -
930.2 Miscellaneous general expenses 10,854 6,200
931 Rents 12,807 10,697
932 Maintenance of structures and
equipment 16,520 16,378
403 Depreciation and amortization expense 17,971 18,483
408 Taxes other than income taxes 13,229 12,410
409 Income taxes 95 160
410 Provision for deferred income taxes - -
411 Provision for deferred income taxes -
credit - -
411.5 Investment tax credit - -
426.1 Donations 661 890
426.5 Other deductions - -
427 Interest on long-term debt 6,630 6,801
430 Interest on debt to associate companies 149 213
431 Other interest expense 744 918
------- -------
Total Expense 452,232 406,000
------- -------
Net Income or (Loss) - -
======= =======
</TABLE>
<PAGE>
21
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
ANALYSIS OF BILLING
-------------------
ASSOCIATE COMPANIES
ACCOUNT 457
<S> <C> <C> <C> <C>
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 $ 6,588 $ 2,508 $ 257 $ 9,353
Alabama Power Company 63,201 19,918 1,863 84,982
Georgia Power Company 105,447 34,464 3,179 143,090
Gulf Power Company 18,656 6,194 474 25,324
Mississippi Power Company 15,833 6,389 462 22,684
Savannah Electric & Power
Company 4,738 1,652 118 6,508
Southern Electric Generating
Company 653 324 13 990
Southern Electric International,
Inc. 6,886 3,976 163 11,025
The Southern Development and
Investment Group, Inc. 4,531 2,179 103 6,813
Southern Nuclear Operating
Company 40,772 19,146 765 60,683
Southern Communication Services 5,881 873 68 6,822
Southern Railroad 270 131 2 403
-------- ------- ------ --------
TOTAL $273,456 $97,754 $7,467 $378,677
======== ======= ====== ========
</TABLE>
<PAGE>
22
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
Department of Energy (DOE) $60,006 $4,303 $ 52 $64,361 $ 0 $64,361
Electric Power Research Institute 2,235 160 2 2,397 0 2,397
Westinghouse 14 1 0 15 0 15
Advanced Reactor Corp. 2 0 0 2 0 2
Freeport Power Co. 8 1 0 9 0 9
Short-term Trust and Finance 22 2 0 24 0 24
Center for Economic and Energy Devel. 23 2 0 25 0 25
Southern System Master Retirement Trust 553 40 0 593 0 593
Information Design Group 1 0 0 1 0 1
MPX and Interstate Fibernet 46 3 0 49 0 49
Oglethorpe Power Corporation 1,188 85 1 1,274 0 1,274
Powerco Federal Credit Union 15 1 0 16 0 16
Florida Power & Light Co./Jacksonville
Electric Authority/
City of Tallahassee 1,744 125 1 1,870 0 1,870
Southeastern Electric Reliability
Council 27 2 0 29 0 29
------- ------ --- ------- -- -------
TOTAL $65,884 $4,725 $56 $70,665 $0 $70,665
======= ====== === ======= == =======
INSTRUCTION: Provide a brief description of the services rendered to each nonassociate company:
Department of Energy (DOE) - Contract services concerning clean coal technology; hot gas cleanup project including construction
of pilot test facility; subcontracts with Westinghouse and General Electric for the design
of components of nuclear reactors.
Electric Power Research Institute - Contract services for burner balancing project, various pinch projects,
groundwater database system software development, Manages version 2.0 software enhancement, fine particulates and airtoxics
control project, solidification/stabilization arsenic remediation study, biorememdiation
project, and bulk transmission system reliability evaluation.
Westinghouse - Review of electrical distribution system.
Advanced Reactor Corp. - Engineering design for next generation nuclear reactors.
Short-term Trust & Finance - Nuclear Decommissioning Trust; Voluntary Employee Benefits Association.
Center for Economic & Energy Development - Television network system productions.
Southern System Master Retirement - Services provided for Bankers Trust as Trustee for Southern System Master Retirement Trust.
Information Design Group - Telephone service.
MPX Systems Inc. & Interstate Fibernet - Telecommunication services related to fiber optic transport system.
Oglethorpe Power - Weather radar and Operating and Planning Services (OPS) scheduling fees.
Powerco Federal Credit Union - Telephone equipment and other resource usage.
FP&L, JEA, and City of Tallahassee - Unit Power Sales (UPS) agreements.
Southeastern Electric Reliability Council - Occupancy and other related services.
</TABLE>
<PAGE>
23
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- -------------------- ------ -------- ----- ------ -------- ----- ------ -------- -----
920 SALARIES AND WAGES $140,668 $32,950 $173,618 $ 7,609 $ 386 $ 7,995 $148,277 $33,336 $181,613
921 OFFICE SUPPLIES & EXPENSES 40,911 7,990 48,902 13,069 67 13,136 53,980 8,057 62,037
922 ADMINISTRATIVE EXP.
TRANSFERRED-CREDIT - - - - - - - - -
923 OUTSIDE SERVICES EMPLOYED 59,587 5,756 65,343 41,741 21 41,762 101,328 5,777 107,105
924 PROPERTY INSURANCE 338 646 984 151 4 155 489 650 1,139
925 INJURIES AND DAMAGES - 269 269 - - - - 269 269
926 EMPLOYEE PENSIONS
& BENEFITS 2,550 17,061 19,612 - 729 729 2,550 17,790 20,340
928 REGULATORY COMMISSION
EXPENSE 69 - 69 - - - 69 - 69
930.1 GENERAL ADVERTISING
EXPENSES - - - - - - - - -
930.2 MISCELLANEOUS GENERAL
EXPENSES 5,520 (318) 5,202 3,184 2,468 5,652 8,704 2,150 10,854
931 RENTS 7,287 5,232 12,520 77 211 288 7,364 5,443 12,807
932 MAINTENANCE OF STRUCTURES
AND EQUIPMENT 10,079 6,284 16,362 32 125 157 10,111 6,409 16,520
403 DEPRECIATION & AMORTIZATION
EXPENSE 7,849 9,947 17,795 20 155 175 7,869 10,102 17,971
408 TAXES OTHER THAN INCOME
TAXES 1,373 11,296 12,669 1 559 560 1,374 11,855 13,229
409 INCOME TAXES - 95 95 - - - - 95 95
410 PROVISION FOR DEFERRED
INCOME TAXES - - - - - - - - -
411 PROVISION FOR DEFERRED
INCOME TAXES CREDIT - - - - - - - - -
411.5 INVESTMENT TAX CREDIT - - - - - - - - -
426.1 DONATIONS 115 546 662 - - - 115 546 661
---------- --------- ---------- --------- --------- --------- --------- ------- -------
SUBTOTAL EXPENSES = 276,346 97,754 374,102 65,884 4,725 70,609 342,230 102,479 444,709
INSTRUCTION: Total cost of service will equal for associate and nonassociate companies the total amount billed under their
separate analysis of billing schedules.
( ) Denotes red figure.
</TABLE>
<PAGE>
23A
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 - - 6,574 - - 56 - - 6,630
430 INTEREST ON DEBT TO
ASSOCIATE COMPANIES - - 149 - - - - - 149
431 OTHER INTEREST EXPENSE - - 744 - - - - - 744
-------- ------- -------- ------ ----- ------ -------- ------- -------
TOTAL EXPENSES = 276,346 97,754 381,567 65,884 4,725 70,665 342,230 102,479 452,232
421 MISCELLANEOUS GAIN (2,890) - (2,890) - - - (2,890) - (2,890)
-------- ------- --------- ------ ------ ------- -------- --------- --------
TOTAL COST OF SERVICE = $273,456 $97,754 $378,677 $65,884 $4,725 $70,665 $339,340 $102,479 $449,342
======== ======= ======== ======= ====== ======= ======== ======== ========
</TABLE>
<PAGE>
24
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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> <C>
Finance Human
Total and Governmental Resources and Information
DESCRIPTION OF ITEMS Amount Engineering Executive Accounting Affairs Administration Resources
- -------------------- ------ ----------- --------- ---------- ----------------- -------------- ---------
920 SALARIES AND WAGES $181,613 $ 50,826 $4,516 $17,139 $1,128 $13,363 $ 40,579
921 OFFICE SUPPLIES AND EXPENSES 62,037 16,770 497 3,396 485 3,300 29,073
922 ADMINISTRATIVE EXPENSE
TRANSFERRED-CREDIT - - - - - - -
923 OUTSIDE SERVICES EMPLOYED 107,105 27,072 481 7,240 1,361 8,713 27,142
924 PROPERTY INSURANCE 1,139 184 4 67 3 51 178
925 INJURIES AND DAMAGES 269 (4) 1 (2) - (2) (6)
926 EMPLOYEE PENSIONS & BENEFITS 20,340 5,437 165 1,781 85 1,417 4,495
928 REGULATORY COMMISSION EXPENSE 69 - - 12 - - -
930.2 MISCELLANEOUS GENERAL EXPENSES 10,854 378 592 674 517 5,299 3,097
931 RENTS 12,807 2,103 32 86 36 524 4,829
932 MAINTENANCE OF STRUCTURES & EQUIP 16,520 1,591 112 1,041 15 1,017 6,433
403 DEPRECIATION & AMORTIZATION
EXPENSE 17,971 2,806 116 1,414 50 1,212 8,552
408 TAXES OTHER THAN INCOME TAXES 13,229 3,896 77 1,288 53 1,014 3,506
409 INCOME TAXES 95 - - - - - -
410 PROVISION FOR DEFERRED INCOME TAXES - - - - - - -
411 PROVISION FOR DEFERRED INCOME
TAXES-CREDIT - - - - - - -
426.1 DONATIONS 661 - 71 3 96 25 -
427 INTEREST ON LONG-TERM DEBT 6,630 51 143 1,266 12 708 3,335
430 INTEREST ON DEBT TO ASSOCIATE CO. 149 20 1 8 1 11 50
431 OTHER INTEREST EXPENSE 744 59 5 24 41 48 179
-------- -------- ------ ------- ------ ------- -------
TOTAL EXPENSES 452,232 111,189 6,813 35,537 3,883 36,700 131,442
421 MISCELLANEOUS GAIN (2,890) (1,122) (39) (200) (22) (207) (341)
INSTRUCTION: Indicate each department or service function. (See Instruction 01-3 General
Structure of Accounting System: Uniform System Account)
( ) Denotes red figure.
TOTAL COSTS = $449,342 $110,067 $6,774 $35,337 $3,861 $36,493 $131,101
======== ======== ====== ======= ====== ======= ========
</TABLE>
<PAGE>
25
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
ACCOUNT Internal Market Research Public Environmental System Accounting Administrative External
NUMBER Audit and Support Production Relations Affairs Aircraft Use and General Affairs
- ------- -------- ---------------- ---------- --------- ----------------- -------- ------------- -------------- -------
920 $5,623 $3,581 $22,672 $2,033 $ 5,368 $2,559 $ - $11,662 $564
921 812 586 2,774 804 1,804 675 - 1,027 34
922 - - - - - - - - -
923 315 2,683 3,964 887 26,076 62 - 1,006 103
924 20 14 73 9 167 9 - 360 -
925 (1) - (2) - (1) (1) - 287 -
926 622 388 2,209 220 523 311 - 2,667 20
928 - 57 - - - - - - -
930.2 216 365 507 423 402 157 - (1,797) 24
931 429 121 992 50 241 58 - 3,295 11
932 144 207 818 121 109 3,557 - 1,351 4
403 187 362 1,467 258 357 1,219 - (33) 4
408 426 286 1,601 155 377 205 - 336 9
409 - - - - - - - 95 -
410 - - - - - - - - -
411 - - - - - - - - -
426.1 1 4 1 438 - - - 22 -
427 150 279 149 166 4 74 - 188 5
430 2 2 11 2 2 39 - - -
431 6 7 33 9 15 116 - 202 -
------ ------- ------- ------ ------- ------ ------ ------- ------
Expenses 8,952 8,942 37,269 5,575 35,444 9,040 - 20,668 778
421 (51) (51) (341) (32) (358) (5) - (117) (4)
TOTAL COSTS $8,901 $ 8,891 $36,928 $5,543 $35,086 $9,035 $ - $20,551 $ 774
====== ======= ======= ====== ======= ====== ======= ======= ======
</TABLE>
( ) Denotes red figure.
<PAGE>
26
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(Thousands of Dollars)
DEPARTMENTAL ANALYSIS OF SALARIES
--------------------------------
ACCOUNT 920
DEPARTMENTAL SALARY EXPENSE
------------------------------------
<S> <C> <C> <C> <C> <C>
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 $ 50,826 $ 15 $ 45,118 $ 5,693 810
Executive 4,516 983 3,533 - 10
Finance & Accounting 17,139 1,271 15,262 606 229
Governmental Affairs 1,128 31 1,097 - 10
Human Resources & Admin 13,363 46 13,312 5 307
Information Resources 40,579 186 39,569 824 1,085
Internal Auditing 5,623 321 5,302 - 80
Planning Marketing
Research & Support 3,581 52 3,502 27 45
Production 22,672 22 19,153 3,497 300
Public Relations 2,033 345 1,663 25 30
Research & Environmental
Affairs 5,368 1 2,888 2,479 77
System Aircraft 2,559 227 2,332 - 46
Corporate Control
Accounting Use - - - - -
External Affairs 564 195 369 - 3
Administrative & General 11,662 935 10,504 223 -
-------- ------ -------- ------- ----
TOTAL $181,613 $4,630 $163,604 $13,379 3,032
======== ====== ======== ======= =====
</TABLE>
( ) Denotes red figure.
<PAGE>
27
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- -------- ----------- ------
Legal Services
American Electric Power 1 Riverside Plz, Columbus,OH 43216 NA $ 28
Balch & Bingham P.O.Box 306, B'ham, AL 35201 NA 2,705
Dewey Ballantine 1301 Ave. of the Americas,NY,NY 10019 NA 34
Crowell and Moring 1001 Pennsylvania Ave,Wash, DC 20004 NA 41
Dorsey & Whitney P.O.Box 1680, Minneapolis, MN 55480 NA 89
Edison Electric Institute 701 Pennsylvania Ave, Wash, DC 20004 NA 134
Emmanuel, Sheppard & Condon P.O.Drawer 1271, Pensacola, FL 32596 NA (253)
Hunton and Williams P.O.Box 18936, Washington, DC 20036 NA 97
J. Alexander Johnson P.C. P.O.Box 836, Baxley, GA 31513 NA 25
Keller and Heckman 1001 G St, Washington, DC 20001 NA 44
King & Spalding 191 Peachtree St., Atlanta, GA 30303 NA 118
Reid & Priest 40 West 57th St., NY, NY 10019 NA 50
Troutman Sanders 600 Peachtree St.,NE,Atlanta,GA 30308 NA 1,584
Eleven Other Items (less
than $25,000 paid to other
than Associate Cos.) Aggregate NA 65
------
4,761
Auditing Service
Arthur Andersen & Co. 133 Peachtree St, Atlanta, GA 30303 NA 955
Four Other Items (less
than $25,000 paid to other
than Associate Cos.) Aggregate NA 19
------
974
------
</TABLE>
(Continued on Page 27A)
<PAGE>
27A
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ---------- ------
Engineering Services
Adia Services, Inc. P.O.Box 360161M, Pittsburgh, PA 15250 NA 279
Advance Tank & Const. P.O.Box 219, Wellington, CO 80549 NA 577
AEA-CFDS, Inc. 1700 N. Highland Rd., Suite 400,
Pittsburgh, PA 15241 NA 34
Airflow Sciences Corp. 37453 Schoolcraft Rd.,
Livonia, MI 48150-1007 NA 25
Alabama Power Company P.O.Box 2641, B'ham, AL 35291 A 1,087
Alabama Waste Serv., Inc. P.O.Box 430, Moody, AL 35004 NA 32
Ardaman & Associates P.O.Box 593003, Orlando, FL 32859 NA 41
AS Built Data, Inc. P.O.Box 102466,Atlanta, GA 30368-0466 NA 34
BE&K Engineering Co. P.O.Box 102466,Atlanta,GA 30368-0466 NA 6,429
Bechtel Power Corp. P.O.Box 905168, Charlotte, NC 28290 NA 161
Chemical Waste
Management, Inc. P.O.Box 840606, Dallas, TX 75284-0606 NA 43
Combustion Power Co. 2101 Webster St., Suite 1700
Oakland, CA 94612 NA 930
Comprehensive Computer 5098 Post Oak Tritt Rd.,
Consulting, Inc. Roswell, GA 30075 NA 205
Cowin Equip. Co., Inc. P.O.Box 10624, B'ham, AL 35202 NA 167
DIS Industrial Serv. P.O.Box 970076, Dallas, TX 75397-0076 NA 92
EMSCOR Champion Sales &
Rentals, Inc. P.O.Box 12869, Houston, TX 77217 NA 226
Energy & Environmental University of N. Dakota,P.O.Box 7306,
Research Center University Station, Dept of Grants,
Grand Forks, ND 58202-7306 NA 82
Foster Wheeler USA First Fidelity Bank, NA NJ,
P.O.Box 18076, Newark, NJ 07191 NA 12,049
Foxboro Company P.O.Box 905014, Charlotte,
NC 28290-5014 NA 983
Georgia Power Company 333 Piedmont Ave, Accts Rec,
12th Fl, Atlanta, GA 30308 A 340
(Continued on Page 27B)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
27B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ----------- ------
Gulf Power Company P.O.Box 1151, Pensacola, FL 32520 A 326
H&B Builders, Inc. P.O.Box 2126, Sylacauga, AL 35150 NA 55
Howden Sirocco,Inc. P.O.Box 77186, Detroit, MI 48277 NA 66
IMMS Industrial
Coatings, Inc. P.O.Box 188, Pelham, AL 35124 NA 44
Imperial Technologies, Inc. P.O.Box 638, Lynchburg, VA 24505 NA 579
Industrial Filter & Pump P.O.Box 72354, Chicago, IL 60678-2354 NA 782
Mfg. Co., Inc.
Instrument Control Serv. P.O.Box 101548, Atlanta, GA 30392 NA 37
Law Engineering
Testing Co. P.O.Box 102051,Atlanta, GA 30368-0051 NA 38
The M.W. Kellogg Co. P.O.Box 299502, Houston,TX 77299-0502 NA 2,459
Miller Transfer &
Rigging Co. P.O.Box 322, Cuyahoga Falls, OH 44222 NA 34
Nolan Multimedia 22A Commercial Blvd., Navato,CA 94949 NA 455
Radian Corporation P.O.Box 841687,Dallas, TX 75284-1687 NA 328
Russo Corporation P.O.Box 190048, B'ham, AL 35219-0048 NA 35
Rust International Corp. P.O.Box 360803M,
Pittsburgh, PA 15230 NA 512
Service Co. South, Inc. P.O.Box 6302, Mobile, AL 36660-0302 NA 445
Southern Electric Int. 900 Ashwood Pkwy., Suite 500,
Atlanta, GA 30338-4780 A 36
Southern Nuclear P.O.Box 1295,Bin B027,B'ham, AL 35201 A 32
Southern Research Institute P.O.Box 11407, Drawer 0375,
Birmingham, AL 35246-0375 NA 2,090
Spectrum Systems, Inc. 3410 W Nine Mile Rd,
Pensacola,FL 32526 NA 113
Steel City Erection &
Crane Rental Co., Inc. P.O.Box 10745, B'ham, AL 35202-0745 NA 3,561
Sunbelt Builders, Inc. 3037 Massey Rd., B'ham, AL 35216 NA 307
</TABLE>
(Continued on page 27C)
<PAGE>
27C
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ------------- ------
Thompson Tractor Co. P.O.Box 10367, B'ham, AL 35202 NA 76
Tower Tech, Inc. P.O.Box 1838, Chickasha, OK 73023 NA 284
Tractor & Equipment Co. 5336 Airport Hwy, P.O.Box 12326,
Birmingham, AL 35202-2326 NA 110
TRECO Construction Serv. 100 Corporate Pkwy, B'ham, AL 35242 NA 7,622
U of GA Research Business Svcs Bldg, Rm 102,
Foundation Athens, GA 30602 NA 194
U.S. Filter Corp. P.O.Box 640860, Pittsburgh,
PA 15264-0860 NA 53
Warren Environment, Inc. 5075 Roswell Rd., Atlanta, GA 30342 NA 401
Wells Fargo Guard Serv. P.O.Box 1067, File #98993,
Charlotte, NC 28201 NA 75
William A. Simmons 530 Hwy 109 S.,Wilsonville, AL 35185 NA 44
W.S. Pitts Consulting, 5505 Creedmoor Rd., Suite 216,
Inc. Raleigh, NC 27612 NA 46
Westinghouse Electric Corp. P.O.Drawer CS 198252,
Atlanta, GA 30384 NA 1,762
One Hundred Seventy-eight Other Items
Items (less than $25,000
paid to other than
Associate Cos.) Aggregate NA 558
------
47,375
------
</TABLE>
(Continued on page 27D)
<PAGE>
27D
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- --------- ------
Other Services
A&A Contract Serv. Inc. 2155 W. Park Court, Suite I,
Stone Mountain, GA 30087 NA 75
ABB-Environmental Serv. Box 7247-7974, Philadelphia,
PA 19170-7974 NA 51
A&C Enercom P.O.Box 930246, Atlanta, GA 31193 NA 39
Adia Services, Inc. P.O.Box 360161M,Pittsburgh, PA 15250 NA 2,278
ADP Proxy Services P.O.Box 23487, Newark, NJ 07189 NA 283
Advanced Engineering P.O.Box 901536, Cleveland,
Technologies, Inc. OH 44190-1536 NA 25
Advanced R&D, Inc. P.O.Box 540747,Orlando, FL 32854-0747 NA 81
AEA Technology Engineering 2000 Oxford Dr., Suite 610,
Software, Inc. Bethel Park, PA 15102 NA 30
A. Foster Higgins & Co. P.O.Box 905235, Charlotte, NC 28290 NA 91
Airflow Sciences Corp. 37453 Schoolcraft Rd.,
Livonia, MI 48150-1007 NA 50
Alabama Power Company P.O.Box 2641, Birmingham, AL 35291 A 1,983
Alabama Staff 717 Thirty-Seventh St., Suite 200,
B'ham, AL 35222 NA 28
Alternative Resource Corp. P.O.Box 94020, Palatine, IL 60094 NA 33
Amdahl Corporation P.O.Box 75745, Charlotte, NC 28275 NA 36
America's Registry, Inc. P.O.Box 9202, Boston, MA 02209 NA 179
American Business Info. P.O.Box 27347, Omaha, NE 68127-0347 NA 32
American Process, Inc. 306 St. Francis St.,Mobile, AL 36602 NA 220
Analytical Tech. Inc. P.O.Box 840436, Dallas, TX 75284 NA 96
Andersen Consulting 133 Peachtree St.,NE,
Atlanta, GA 30303 NA 14,476
Ann Randazzo 4805 N. Little Falls Rd.,
Arlington, VA 22207 NA 103
</TABLE>
(Continued on page 27E)
<PAGE>
<TABLE>
<CAPTION>
27E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ------------ ------
Application Tech. Serv. 3340 Robinson Farms Court,
Marietta, GA 30068 AN 117
Arko Executive Services, 2840 Mount Wilkinson Parkway,
Inc. Suite 120, Atlanta, GA 30339 NA 331
Arthur Andersen & Co. 133 Peachtree St,NE, Atlanta,GA 30303 NA 377
Aspen Systems Corp. Dept. 4-F, 1600 Research Blvd.,
Rockville, MD 20850 NA 558
Auburn University 301 Samford Hall, Auburn, AL 36849 NA 39
Autodesk, Inc. Box 2188, Carol Stream, IL 60132-2188 NA 40
BE&K Engineering Co. P.O.Box 102466, Atlanta, GA 30368 NA 78
Ben Carter Properties 950 East Paces Ferry, Suite 2830,
Atlanta, GA 30326 NA 31
Blankenship & Seay, Inc. 2204 Lakeshore Dr., Suite 304,
B'ham, AL 35209 NA 39
Bob Andrews 4100 Highland Cir., B'ham, AL 35213 NA 75
Bowne of Atlanta, Inc. P.O.Box 250288, Atlanta, GA 30325 NA 40
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 72
The Business Solutions 6365 Winding Lake Dr.,
Group, Inc. Jupiter, FL 33458 NA 34
Business Information P.O.Box 8500-S2635,
Technology, Inc. Philadelphia, PA 19178 NA 35
Cape Dixson Assoc., Inc. 2957 Clairmont Rd., Suite 175
Atlanta, GA 30329 NA 26
Carbon Tec P.O.Box 241, 3601 30th Ave.,
N.W., Mandan, ND 58564 NA 100
Carter & Assoc. 1275 Peachtree St., NE,
Atlanta, GA 30367-1801 NA 31
(Continued on page 27F)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
27F
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ---------- ------
Comdisco Disaster Recovery
Services, Inc. P.O.Box 91753, Chicago, IL 60693 NA 117
Compass America, Inc. 1930 Isaac Newton Square,
#250, Reston, VA 22090 NA 100
Comprehensive Computer 5098 Post Oak Tritt Rd.,
Consulting, Inc. Roswell, GA 30075 NA 3,874
Compupro Consulting Serv. 6255 Barfield Rd., Suite 150
Atlanta, GA 30328 NA 27
Convergent Media 3490 Piedmont Rd., Atlanta,
Systems GA 30305-1743 NA 211
Coopers & Lybrand P.O.Box 641103, Pittsburgh, PA 15264 NA 41
Crawford Comm. Inc. 535 Plasamour Dr., Atlanta, GA 30324 NA 66
Cygna Energy Serv. P.O.Box 630635,
Baltimore, MD 21263-0635 NA 39
Dames & Moore File No. 54280, Los Angles, CA 90074 NA 43
Data Fac, Inc. Architects P.O.Box 695, Blue Bell, PA 19422 NA 42
Dataplex P.O.Box 39271, Jackson, MS 39271 NA 253
Data Resources, Inc.
/McGraw Hill P.O.Box 5-0210,Woburn, MA 02815-0210 NA 134
Dawn Chapman 140 Tatching Lane,
Alpharetta, GA 30202 NA 39
Dean Witter Reynolds P.O.Box 30392, Tampa, FL 33630 NA 31
Deeley Rechtman One Midtown Plaza, Suite 750,
Communications, Inc. 1360 Peachtree St., NE,
Atlanta, GA 30309 NA 228
Dell Marketing L.P. P.O.Box 2153, North
Suburban, IL 60132-2153 NA 43
Deloitte & Touche Box 101276, Atlanta, GA 30392-1276 NA 1,512
Dewey Ballantine 1301 Ave. of the Americas,
NY,NY 10019-6092 NA 72
Drake Beam Morin, Inc. Drawer CS 100739, Atlanta,
GA 30384-0739 NA 534
(Continued on page 27G)
</TABLE>
<PAGE>
27G
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ------------ ------
Duff & Phelps, Credit
Rating Co. P.O.Box 99108, Chicago, IL 60693 NA 65
Edison Electric Institute 701 Pennsylvania Ave., NW,
Washington, DC 20004-2696 NA 68
EDS Corporation P.O.Box 951390,Dallas, TX 75395-1390 NA 353
Edward T. Houts D/B/A 2738 Chimney Springs Dr.,
the Ecta Group Marietta, GA 30062 NA 68
Electric Power Research Dept. 1527, P.O.Box 61000,
Inst. San Francisco, CA 94161 NA 1,817
Electronic Data Systems P.O.Box 75649, Charlotte,
NC 28275-0649 NA 29
Elrick & Lavidge, Inc. P.O.Box 4402, Atlanta, GA 30302 NA 348
Environmental Science & P.O.Box 1703, Gainesville,
Engineering, Inc. FL 32602-1703 NA 35
EQE, Inc. 44 Montgomery St, Suite 3200,
San Francisco, CA 94104 NA 69
Ernst & Young 2121 San Jacinto Ave., Suite 500,
Dallas, TX 75201 NA 174
Farrington Design Group 3391 Peachtree Rd., NE, Suite 300,
Atlanta, GA 30326 NA 43
Financial Concepts &
Applications, Inc. 3907 Red River, Austin, TX 78751 NA 26
First Union National Bank 230 S. Tryon St.,
Charlotte, NC 28288-0001 NA 803
Foster Wheeler USA First Fidelity Bank, NA, NJ,
Corp. P.O.Box 18076, Newark, NJ 07191 NA (325)
Gartner Group, Inc. P.O.Box 10799, Newark, NJ 07193-0799 NA 83
Gary Jewkes & Assoc. 3410 Hickory Hill Rd.,Brooks,GA 30205 NA 168
George Pirkle 105 Brooks Farm Dr.,
Cumming, GA 30130 NA 28
Georgia Power Company 333 Piedmont Ave.,Atlanta, GA 30308 A 1,423
Georgia Tech Foundation Ga. Tech Research Institute, ERB/216,
Atlanta, GA 30332-0821 NA 36
(Continued on page 27H)
</TABLE>
<PAGE>
27H
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ------------ ------
Georgia Tech Research Gtices System Laboratories, Georgia
Corp.-Attn: Joan M. Institution of Technologies,
Incrocci Atlanta, GA 30332 NA 36
Godwins Booke & 310 West Fourth St., Winston-Salem,
Dickenson NC 27102-0066 NA 157
Goldman, Sachs, & Co. P.O.Box 9081, G.P.O.,
NY, NY 10087-9081 NA 307
Grace Computer Resources 204 Merchants Dr., Norcross,GA 30093 NA 75
Graphic Arts Ctr. P.O.Box 4100-17, Portland, OR 97208 NA 327
Griffith & Rogers P.O.Box 960, Yazoo City, MS 39194 NA 227
Gulf Power Company P.O.Box 1151, Pensacola, FL 32520 A 264
Gupta Technologies 1060 Marsh Rd, Menlo Park, CA 94025 NA 56
Henwood Energy Serv., 2710 N. Gateway Oaks Dr., Suite 300,
Inc. Sacramento, CA 95883 NA 33
Hewitt Associates P.O.Box 95135, Chicago, IL 60694 NA 1,072
Hogan & Hartson Columbia Sq, 555 Thirteenth St.,
NW, Washington, DC 20004-1109 NA 130
Hunton & Williams Suite 9000, 2000 Pennsylvania Ave.,
NW, Washington, DC 20006 NA 41
Infodesign Group, Inc. 1210 Kay Terrace, Conyers, GA 30208 NA 50
International Equity 1101 Connecticut Ave., NW, #804,
Partners Washington, DC 20036 NA 45
Intersolv Rpt, Inc. P.O.Box 630413, Baltimore,
MD 21263-0413 NA 52
IT Corporation P.O.Box 640515, Pittsburgh,
PA 15264-0515 NA 86
Itex, Division of 4570 Westgrove Dr., Suite 240,
IRM, L.P. Addison, TX 75248 NA 414
James W. Rock Suite 1100, 818 Connecticut Ave.,
Rock & Assoc. NW, Washington, DC 20006 NA 98
Jeffcoat & Associates, L.P. 5266 Grantswood Rd., B'ham, AL 35210 NA 100
</TABLE>
(Continued on page 27I)
<PAGE>
27I
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- -------- ---------- ------
JJ Leyden 12730 175th Rd., N.,Jupiter, FL 33478 NA 37
Judy Moriarty Lewis, Inc. 3534 Blue Jay Rd., B'ham, AL 35243 NA 27
Jundt Associates, 1550 Utica Avenue South,
Inc. Suite 950, Minneapolis, MN 55416 NA 217
Kyle E. Wilcutt/Axcess
Consulting & Training P.O.Box 1235, Roswell, GA 30077 NA 37
Lehman Brothers 3 World Financial Center,
20th Fl., NY, NY 10285 NA 108
Lexis-Nexis P.O.Box 100176, Atlanta, GA 30384 NA 78
Lincoln Capital 200 South Wacker Dr.,
Management Co. Chicago, IL 60606 NA 169
Linda G. Owens 215 Newport Fairway, Alpharetta,
GA 30202 NA 36
Locus Computing Corp. 9800 La Cienega, Blvd.,
Inglewood, CA 90301-4440 NA 121
Louisiana State Univ. & Office of Accounting Svcs, Baton
A&M College Rouge, LA 70803-2901 NA 52
Lynn Bush 4100 Clairmont Ave., B'ham, AL 35222 NA 28
C.V. & R.V. Maudlin 1511 K Street,NW,Washington,DC 20005 NA 35
Merrill Lynch Pierce P.O.Box 12251, Church Street Station
Fenner & Smith New York, NY 10249 NA 962
Meta Group, Inc. P.O.Box 10265, Newark, NJ 07193-0265 NA 78
Microsoft Corp. P.O.Box 84808, Seattle, WA 98124-6108 NA 218
Mississippi Power Co. P.O.Box 4079, Gulfport, MS 39501 A 289
Moody's Investor Service P.O.Box 102597, Atlanta,
GA 30368-0597 NA 82
Morgan Stanley 1221 Avenue of the Americas,
34th Fl., New York, NY 10020 NA 253
</TABLE>
(Continued on page 27J)
<PAGE>
<TABLE>
<CAPTION>
27J
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ----------- ------
National Economic Research
Associates, Inc. P.O.Box 13917, Newark, NJ 07101-5317 NA 38
New York Stock Exchange P.O.Box 4695, Grand Central Station,
New York, NY 10163 NA 430
Nikhil Gandhi 17 Willis Holden Dr.,
Acton, MA 01720-3208 NA 64
NSS Technologies Corp. 100 Chase Park South, Suite 128,
Birmingham, AL 35244 NA 26
Occupational Health & 5575-B Chamblee Dunwoody Rd.,
Environmental Con. Suite 407, Atlanta, GA 30338 NA 28
Onesource Information P.O.Box 371112, Pittsburgh,
Services, Inc. PA 15251-7112 NA 98
Paul Griffin & Assoc. P.O.Box 43366, 1000 Urban Ctr. Pkwy.,
Suite 250, B'ham, AL 35243 NA 53
Personnel Decisions, Inc. P.O.Box 1450, NW 8343,
Minneapolis, MN 55485-8343 NA 38
Pitney Bowes Management P.O.Box 845801, Dallas, TX
Services 75284-5801 NA 78
Pony Express Courier P.O.Box 75079, Charlotte, NC 28275 NA 118
Power Technologies, Inc. P.O.Box 9066, NY, NY 10087-9066 NA 26
Putnam, Hayes, & Bartlett, One Memorial Dr.,
Inc. Cambridge, MA 02138 NA 116
R.J. Harrison & Assoc. P.O.Box 3480,Gulfport, MS 39505-3480 NA 25
Radian Corp. P.O.Box 841687, Dallas, TX 75284 NA 32
Ralph M. Parsons Co. File # 51790, Los Angeles, CA 90074 NA 84
Regional Economic Research 12520 High Bluff Dr., Suite 220,
Inc. San Diego, CA 92130-2041 NA 58
Reid & Priest 40 West 57th St., New York, NY 10019 NA 40
Resource Data International P.O.Box 106, Boulder, CO 80306 NA 35
</TABLE>
(Continued on page 27K)
<PAGE>
27K
<TABLE>
<CAPTION>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- --------- ------
Robert E. La Blanc 323 Highland Ave., Ridgewood,
Assoc., Inc. NJ 07450 NA 30
Robert H. Miles, Ph.D. 3414 Habersham Rd.,Atlanta, GA 30305 NA 368
Sargent & Lundy, LLC P.O.Box 96633, Chicago, IL 60693 NA 35
Savannah Electric & Power P.O.Box 968, Savannah, GA 31401 A 231
Savannah Laboratories &
Environmental Serv. P.O.Box 13548, Savannah, GA 31416 NA 49
Scott, Madden & 2626 Glenwood Ave., Suite 480,
Associates, Inc. Raleigh, NC 27608 NA 684
SCSPDA 64 Perimeter Ctr. E.,
Atlanta, GA 30346 A 41
Software House Int'l P.O.Box 8500-41155, Philadelphia,
PA 19178 NA 99
Software Spectrum P.O.Box 840150,Dallas, TX 75284 NA 78
Southern Development & 64 Perimeter Center East,
Investment Group Atlanta, GA 30346 A 118
Southern Electric 900 Ashwood Pkwy, Suite 500,
International Atlanta, GA 30338 A 27
Southern Energy P.O.Box 380305,
Constructors, Inc. Birmingham, AL 35238 NA 124
Southern Research Institute P.O.Box 11407,Drawer 0375, B'ham, AL NA 128
Standard & Poor's Corp. 25 Broadway, New York, NY 10004 NA 128
Strategic Investment One California ST., Suite 2250,
Solutions, Inc. San Francisco, CA 94111 NA 60
Sudhir Kumar Agarwal 1888 Century Way,Escondido, CA 92026 NA 67
Suntrust Bank P.O.Box 4418, Atlanta, GA 3032 NA 68
Synergic Resources Corp. 111 Presidential Blvd., Suite 127,
Bala Cynwyd, PA 19004 NA 48
Systems Applications Intl P.O.Box 44025,San Francisco,CA 94144 NA 174
System Innovators, Inc. 8301 Cypress Plaza Dr., Suite 105,
Jacksonville, FL 32256-4416 NA 27
</TABLE>
(Continued on page 27L)
<PAGE>
<TABLE>
<CAPTION>
27L
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------- ------- ------------- ------
TATA Consultancy Services 101 Park Ave., 26th Floor,
New York, NY 10178 NA 853
Telematch P.O.Box 1936, Springfield,
VA 22151-0936 NA 25
The Brattle Group, Inc. 50 Church St., Cambridge,
MA 02138-3726 NA 25
The Global Utilities
Institute of
Samford Univ. S.U.Box 2311, Birmingham, AL 35229 NA 26
The Mescon Group One Peachtree Ctr.,303 Peachtree St.,
NE, Suite 1620, Atlanta, GA 30308 NA 88
The Simulation Group 2555 3rd St., Suite 110,
Sacramento, CA 95818 NA 30
The Smith-Free Group 1500 K St., NW, Suite 325,
Washington, DC 20005 NA 153
The University of Alabama University Station, AB 990,
at Birmingham Birmingham, AL 35294 NA 123
Thomson Investment Software P.O.Box 65680, Charlotte, NC 28265 NA 80
Arthur A. Thompson 7200 Commodore Dr.,
& Assoc. Tuscaloosa, AL 35406 NA 83
Towers Perrin P.O.Box 8500, S-6110,
Philadelphia, PA 19178 NA 874
Townsend Group MK Ferguson Plaza, 1500 W. Third St.,
Suite 410,Cleveland, OH 44113-1453 NA 30
TQS Research, Inc. 2660 Holcomb Bridge Rd., Suite 208,
Alpharetta, GA 30202 NA 57
U.S. Filter Corp. P.O.Box 640860,
Pittsburgh, PA 15264-0860 NA 119
UGA Research Foundation Business Services Bldg., Room B-4,
Inc., Contracts & Grants Athens, GA 30602-4222 NA 96
University of Central 12424 Research Park, Suite 300,
Florida Orlando, FL 32826-0975 NA 46
(Continued on page 27M)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
27M
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ------------------ ------- ------------ ------
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 177
Walker Interactive Marathon Plaza Three North,
Systems 303 Second St., San Francisco,
CA 94107 NA 180
Wells Fargo Guard Services P.O.Box 668100, File #98993,
Charlotte, NC 28266 NA 590
William Morehead 634 Lane St., Yreka, CA 96097 NA 32
Wise Consulting, Inc. 215 Zeblin Rd., Atlanta, GA 30342 NA 67
W. Robert Worley 190 St. Clair Dr.,St. Simons
Island, GA 31522 NA 47
Xerox Corporation Xerox Sq-0870, Rochester, NY 14664 NA 1,059
1,022 Other Items (less than
$25,000 paid to other
than Associate Cos.) Aggregating NA 3,762
-------
53,995
--------
$107,105
-------
</TABLE>
<PAGE>
28
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 $(2,213)
Early Retirement Benefits 983
Employees Group Insurance 7,183
Postretirement Medical Benefits 5,635
Postretirement Life Benefits 2,327
Educational Assistance Plan 164
Minority Scholarship Program 44
Employee Savings Plan - Company Contribution 5,295
Employee Health and Physical Examinations 145
Post Employment Benefits 171
Other (Employees' Professional Fees and
Other Employee Fringe Benefits) 606
-------
TOTAL $20,340
=======
<PAGE>
29
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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, 1995
(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 $2,572
Dues and Memberships 804
Recruiting/Interviewing/Placement 23
Employee Training 5,324
Transportation/Personnel Expense 49
Billing Adjustments 174
Membership Fee 82
Employee Activities 68
Corporate Moving Expense 155
Other General Expense 1,603
-------
TOTAL $10,854
=======
<PAGE>
31
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 $ 7,540
Computer and Other Data Processing Equipment Rental 2,150
Software Rental 2,435
Automobile, Office Furniture & Equipment, and
Miscellaneous Storage & Equipment Rental 682
-------
TOTAL $12,807
=======
<PAGE>
32
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 $ 98
City/Business License Tax 26
Property and Other City and State 1,293
-------
Subtotal - Other 1,417
-------
U.S. Government Taxes
Federal Insurance Contributions Act 11,648
Federal Unemployment 164
-------
Subtotal - U.S. Government 11,812
-------
TOTAL $13,229
=======
<PAGE>
33
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 $ 24
Alabama, University of Employee Matching Gift 11
Alexander O'Neill Hass & Martin Civic & Charitable 18
American Cancer Society Civic & Charitable 3
American Heart Association Civic & Charitable 3
American Legislative Exchange Support of Program 5
Atlanta Area Council Civic & Charitable 3
Atlanta Ballet Civic & Charitable 5
Atlanta Chamber of Commerce Civic & Charitable 27
Atlanta Classic Foundation Civic & Charitable 8
Auburn University Employee Matching Gift 5
Birmingham Area Council - Boys Scouts
of Amer. Civic & Charitable 6
Cahaba Girl Scout Council Civic & Charitable 18
Callanwold Fine Arts Center Civic & Charitable 5
Center for Legislative Energy &
Environmental Research Support of Program 8
Center Street Middle School Educational Contribution 11
City Stages - Birmingham Festival Civic & Charitable 5
Clark Atlanta University Educational Contribution 3
Festival of Trees Civic & Charitable 5
Georgia Council on Economic Education Educational Contribution 3
Georgia Institute of Technology Employee Matching Gift 16
Georgia Institute of Technology Educational Contribution 5
Georgia State University Civic & Charitable 4
Georgia Youth Science & Technology Center Civic & Charitable 30
Gresham Middle School Educational Contribution 5
Junior Achievement of Greater B'Ham Civic & Charitable 5
Kennedy Center for Performing Arts Civic & Charitable 5
March of Dimes Civic & Charitable 21
Metropolitan Development Board Civic & Charitable 10
National Network of Children's
Advocacy Centers Civic & Charitable 4
North Central Alabama Sickle
Cell Foundation Civic & Charitable 5
Partnership for a Drug Free America Civic & Charitable 15
<PAGE>
33A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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
- ---------------- ------------------- ------
Progress & Freedom Foundation Support of Program 25
Public Affairs Council Support of Program 3
Scottish Rite Children's Medical Center Civic & Charitable 5
Smithsonian Institution Civic & Charitable 8
Southern Christian Leadership Conference Civic & Charitable 3
Southern Governor's Association Support of Program 25
Taste of the South (Tutwiler Clinic) Civic & Charitable 7
Tax Foundation, Inc. Civic & Charitable 4
United Negro College Fund Educational Contribution 15
United States Energy Association Support of Program 3
United Way Civic & Charitable 154
University of Mississippi Foundation Educational Contribution 5
Woodruff Arts Center Civic & Charitable 5
55 Other Items (Less than $3,000) Civic & Charitable 45
61 Other Items (Less than $3,000) Employee Matching Gift 21
9 Other Items (Less than $3,000) Support of Program 16
24 Other Items (Less than $3,000) Educational Contribution 16
---
TOTAL 661
===
<PAGE>
34
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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, 1995
(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 - 19G.
<PAGE>
36
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
(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 124,615
Total Investments 3,401
Total Current and Accrued Assets 168,310
Total Deferred Debits 7,678
Balancing Amount for Total Assets and Other Debits -
Total Assets and Other Debits 304,004
Total Proprietary Capital 875
Total Long-Term Debt 63,450
Notes Payable 10,599
Notes Payable to Associate Companies 5,890
Balancing Amount for Total Current and Accrued
Liabilities 134,669
Total Deferred Credits 88,521
Accumulated Deferred Income Taxes -
Total Liabilities and Proprietary Capital 304,004
Services Rendered to Associate Companies 378,677
Services Rendered to Nonassociate Companies 70,665
Miscellaneous Income or Loss 2,890
Total Income 452,232
Salaries and Wages 181,613
Employee Pensions and Benefits 20,340
Balancing Amount for Total Expenses 250,279
Total Expenses 452,232
Net Income (Loss) -
Total Cost of Service (Direct Costs) 339,342
Total Cost of Service (Indirect Costs) 102,479
Total Cost of Service (Total) 449,342
Number of Personnel End of Year 3,032
<PAGE>
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
ORGANIZATION CHART
President
& CEO
Vice Pres. Vice Pres. Sr. Executive Executive Senior
Information Operating & Vice. Pres. Vice Pres. Vice Pres.
Resources Planning Finance & External
Services Accounting Affairs
Vice Pres. Vice Pres. Executive Vice Pres. Vice Pres.
Human Administrative Vice Pres. & Public
Resources Services Engineering Comptroller Relations
Vice Pres. Director Vice Pres. Vice Pres. Vice Pres.
Marketing Internal Materials Secretary & Federal
Services Auditing Management House Government
Counsel Relations
Vice Pres. Vice Pres. Director Vice Pres.
Wholesale Research & Short-Term Environmental
Power Environmental Finance Policy
Marketing Affairs
Vice Pres.
Corporate
Counsel
Vice Pres. Director
Operating & Financial
Planning Serv. Planning &
Treasury
Vice Pres.
Fuel Services
Vice Pres.
System
Planning
<PAGE>
38
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
METHODS OF ALLOCATION
---------------------
Prior to 1995, the service company used statistics from the prior year to
derive the ratios used in each of the allocation methods described below.
Effective January 1, 1995, the allocation statistics were calculated using
a three-year rolling average with a one-year lag in implementation; i.e.,
the 1995 ratios used the average annual statistics for the years 1991,
1992, and 1993.
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, 1995
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.
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.
<PAGE>
38B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
METHODS OF ALLOCATION
---------------------
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.
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.
<PAGE>
38C
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
METHODS OF ALLOCATION
---------------------
17. System Aircraft
Variable costs incurred related to system aircraft are charged to
the participating 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, 1995
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 1995.
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 1995 Southern Company Services initiated short-term borrowings from The
Southern Company and other outside banking institutions. The interest rates on
these borrowings ranged from 5.58% to 6.355%. Interest in the amounts of
$149,278.56 and $643,201.81 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, 1995, Southern Company Services had long-term
debt outstanding from various institutions in the amount of $63,449,564.65. The
interest rates on these borrowings ranged from 4.62% to 13.0%. Interest of
$6,730,605.93 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 $ 256,681.65
Alabama Power Company 1,862,968.70
Georgia Power Company 3,176,685.86
Gulf Power Company 474,345.58
Mississippi Power Company 462,323.50
Savannah Electric & Power Company 118,309.21
Southern Development and Investment Group, Inc. 102,979.00
Southern Electric Generating Company 13,490.15
Southern Electric International, Inc. 163,219.11
Southern Electric Railroad Company 2,467.70
Southern Nuclear Operating Company 765,583.83
Southern Communications Services, Inc. 67,770.54
Nonassociate 56,261.47
-------------
$7,523,086.30
=============
<PAGE>
40
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.
For the Year Ended December 31, 1995
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 25, 1996
