|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: CHEMICAL BANKING CORP, 424B2, 1994-10-28 |
Next: DAYTON & MICHIGAN RAILROAD CO, 10-Q, 1994-10-28 |
<PAGE> 1
File No. 70-8471
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 1 to Form U-1
JOINT APPLICATION-DECLARATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
<TABLE>
<S> <C>
THE COLUMBIA GAS SYSTEM, INC. COLUMBIA GULF
COLUMBIA GAS SYSTEM SERVICE CORPORATION TRANSMISSION COMPANY
COLUMBIA LNG CORPORATION 1700 MacCorkle Avenue, S.E.
COLUMBIA ATLANTIC TRADING CORPORATION Charleston, WV 25314
TRISTAR VENTURES CORPORATION
TRISTAR CAPITAL CORPORATION COLUMBIA GAS DEVELOPMENT
20 Montchanin Road CORPORATION
Wilmington, DE 19807 One Riverway
Houston, TX 77056
COLUMBIA NATURAL RESOURCES, INC.
COLUMBIA COAL GASIFICATION CORPORATION
900 Pennsylvania Avenue COMMONWEALTH PROPANE, INC.
Charleston, WV 25302 COLUMBIA PROPANE CORPORATION
800 Moorefield Park Drive
COLUMBIA ENERGY SERVICES CORPORATION Richmond, VA 23236
2581 Washington Road
Upper Saint Clair, PA 15241
</TABLE>
COLUMBIA GAS OF KENTUCKY, INC.
COLUMBIA GAS OF OHIO, INC.
COLUMBIA GAS OF MARYLAND, INC.
COLUMBIA GAS OF PENNSYLVANIA, INC.
COMMONWEALTH GAS SERVICES, INC.
200 Civic Center Drive
Columbus, OH 43215
- --------------------------------------------------------------------------------
(Names of company or companies filing this statement
and addresses of principal executive offices)
THE COLUMBIA GAS SYSTEM, INC.
- --------------------------------------------------------------------------------
(Name of top registered holding company parent of
each applicant or declarant)
L. J. Bainter, Treasurer
THE COLUMBIA GAS SYSTEM, INC.
20 Montchanin Road
Wilmington, DE 19807
- --------------------------------------------------------------------------------
(Name and address of agent for service)
(Other Agents for Service are Listed on the
Reverse Side of the Front Cover)
<PAGE> 2
Page 2
<TABLE>
<CAPTION>
Names and Addresses of Subsidiary Company Agents for Service:
<S> <C>
W. H. HARMON, Treasurer D. L. GELBAUGH, Vice President
Columbia Natural Resources, Inc. Columbia Gas of Ohio, Inc.
Columbia Coal Gasification Corp. Columbia Gas of Kentucky, Inc.
900 Pennsylvania Avenue Commonwealth Gas Services, Inc.
Charleston, West Virginia 25302 Columbia Gas of Pennsylvania, Inc.
Columbia Gas of Maryland, Inc.
D. DETAR, Treasurer 200 Civic Center Drive
TriStar Ventures Corporation Columbus, Ohio 43215
20 Montchanin Road
Wilmington, Delaware 19807
S. L. Parks Downey, Asst. Treasurer
J. W. GROSSMAN, Treasurer Columbia Gulf Transmission Company
Columbia LNG Corporation 1700 MacCorkle Avenue, S.E.
Columbia Atlantic Trading Corp. Charleston, West Virginia 25314
20 Montchanin Road
Wilmington, Delaware 19807 J. R. LISENBY, Treasurer
Columbia Gas Development Corp.
L. J. BAINTER, Vice President One Riverway
Columbia Gas System Service Corp. Houston, Texas 77056
TriStar Capital Corporation
20 Montchanin Road ROBERT GUSTAFSON, Controller
Wilmington, Delaware 19807 Columbia Energy Services Corp.
2581 Washington Road
H. F. HAYES, Treasurer Upper Saint Clair, PA 15241
Commonwealth Propane, Inc.
Columbia Propane Corporation
800 Moorefield Park Drive
Richmond, Virginia 23236
</TABLE>
- --------------------------------------------------------------------------------
(Names and Addresses of Other Agents for Service)
<PAGE> 3
Page 3
The Application-Declaration as previously filed is
hereby amended by adding the following exhibits.
Item 6. Exhibits and Financial Statements.
<TABLE>
<S> <C>
(a) Exhibits
K-1 Columbia Gas of Kentucky, Inc. Cash Forecast 1995-1996
K-2 Columbia Gas of Maryland, Inc. Cash Forecast 1995-1996
K-3 Columbia Gas of Ohio, Inc. Cash Forecast 1995-1996
K-4 Columbia Gas of Pennsylvania, Inc. Cash Forecast 1995-1996
K-5 Commonwealth Gas Services, Inc. Cash Forecast 1995-1996
K-6 Columbia Gulf Transmission Company Cash Forecast 1995-1996
K-7 Columbia Natural Resources, Inc. Cash Forecast 1995-1996
K-8 Columbia Gas Development Corporation Cash Forecast 1995-1996
K-9 TriStar Capital Corporation Cash Forecast 1995-1996
K-10 Columbia Propane Corporation Cash Forecast 1995-1996
K-11 Commonwealth Propane, Inc. Cash Forecast 1995-1996
K-12 Columbia Gas System Service Corporation Cash Forecast 1995-1996
K-13 Columbia Coal Gasification Corporation Cash Forecast 1995-1996
</TABLE>
<PAGE> 4
Page 4
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned companies have duly caused this Declaration to be
signed on their behalf by the undersigned thereunto duly authorized.
The signatures of the applicants and of the persons signing on their
behalf are restricted to the information contained in this application which is
pertinent to the application of the respective companies.
<TABLE>
<S> <C>
THE COLUMBIA GAS SYSTEM, INC.
Date: October 27, 1994 By: /s/ L. J. BAINTER
----------------------------
L. J. Bainter
Treasurer
COLUMBIA GAS OF OHIO, INC.
COLUMBIA GAS OF PENNSYLVANIA, INC.
COLUMBIA GAS OF KENTUCKY, INC.
COLUMBIA GAS OF MARYLAND, INC.
COMMONWEALTH GAS SERVICES, INC.
COLUMBIA GULF TRANSMISSION COMPANY
COLUMBIA GAS DEVELOPMENT CORPORATION
COLUMBIA PROPANE CORPORATION
COMMONWEALTH PROPANE, INC.
COLUMBIA GAS SYSTEM SERVICE CORPORATION
COLUMBIA NATURAL RESOURCES, INC.
COLUMBIA ATLANTIC TRADING CORPORATION
COLUMBIA COAL GASIFICATION CORPORATION
COLUMBIA LNG CORPORATION
COLUMBIA ENERGY SERVICES CORPORATION
TRISTAR VENTURES CORPORATION
TRISTAR CAPITAL CORPORATION
Date: October 27, 1994 By: /s/ L. J. BAINTER
----------------------------
L. J. Bainter
Vice President
</TABLE>
<PAGE> 5
Page 1
EXHIBIT INDEX
<TABLE>
<S> <C>
(a) Exhibits
K-1 Columbia Gas of Kentucky, Inc. Cash Forecast 1995-1996
K-2 Columbia Gas of Maryland, Inc. Cash Forecast 1995-1996
K-3 Columbia Gas of Ohio, Inc. Cash Forecast 1995-1996
K-4 Columbia Gas of Pennsylvania, Inc. Cash Forecast 1995-1996
K-5 Commonwealth Gas Services, Inc. Cash Forecast 1995-1996
K-6 Columbia Gulf Transmission Company Cash Forecast 1995-1996
K-7 Columbia Natural Resources, Inc. Cash Forecast 1995-1996
K-8 Columbia Gas Development Corporation Cash Forecast 1995-1996
K-9 TriStar Capital Corporation Cash Forecast 1995-1996
K-10 Columbia Propane Corporation Cash Forecast 1995-1996
K-11 Commonwealth Propane, Inc. Cash Forecast 1995-1996
K-12 Columbia Gas System Service Corporation Cash Forecast 1995-1996
K-13 Columbia Coal Gasification Corporation Cash Forecast 1995-1996
</TABLE>
<PAGE> 1
Exhibit K-1
Page 1 of 2
COLUMBIA GAS OF KENTUCKY, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 19,438 19,228 19,304 10,998 7,289 3,694 1,905 6,496
Gas Purchased 7,441 6,696 5,002 5,397 6,845 7,773 6,949 6,998
Operating Expenses 3,006 2,516 2,638 2,525 2,409 2,511 2,361 2,507
-------- -------- -------- -------- -------- -------- -------- --------
Net 8,991 10,016 11,664 3,076 (1,965) (6,590) (7,405) (3,009)
Taxes 1,072 1,429 1,246 1,849 642 1,728 465 256
Interest 523 409 53 780 15 0 620 366
Capital Expenditures 965 771 1,059 830 836 1,028 1,027 988
Other (949) (677) (847) (1,437) (359) (698) 969 (462)
-------- -------- -------- -------- -------- -------- -------- --------
Net Cash Before Financing 7,380 8,084 10,153 1,054 (3,099) (8,648) (10,486) (4,157)
Financing
Long-Term Debt Repayment (919) (752) (170) (2,060) (164) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 4,200
Dividends 0 (441) 0 0 (441) 0 0 (441)
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other (6,461) (6,891) (9,983) 1,006 3,704 8,648 10,486 398
-------- -------- -------- -------- -------- -------- -------- --------
Total Financing (7,380) (8,084) (10,153) (1,054) 3,099 8,648 10,486 4,157
Short-Term Balance 0 0 0 0 0 0 0 0
Money Pool Investment Balance 7,629 14,520 24,503 23,497 19,793 11,145 659 261
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 6,911 7,961 9,857 13,906 126,987
Gas Purchased 6,943 5,660 5,789 6,381 77,874
Operating Expenses 2,309 2,616 2,745 2,785 30,928
-------- -------- -------- -------- --------
Net (2,341) (315) 1,323 4,740 18,185
Taxes 1,399 495 349 2,284 13,214
Interest 44 770 8 0 3,588
Capital Expenditures 910 1,106 1,099 1,350 11,969
Other (2) (904) 162 (468) (5,672)
---------- -------- -------- -------- --------
Net Cash Before Financing (4,692) (1,782) (295) 1,574 (4,914)
Financing
Long-Term Debt Repayment 0 0 0 0 (4,065)
Long-Term Borrowing 0 0 0 0 4,200
Dividends 0 0 (441) 0 (1,764)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 4,431 1,782 736 (1,574) 5,375
Working Capital and Other 261 0 0 0 1,168
-------- -------- -------- ---------- -------
Total Financing 4,692 1,782 295 (1,574) 4,914
Short-Term Balance 4,431 6,213 6,949 5,375
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-1
Page 2 of 2
COLUMBIA GAS OF KENTUCKY, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- --------- ----- ------- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 21,344 21,229 21,228 11,746 7,511 3,595 1,567 7,017
Gas Purchased 6,882 6,919 6,736 5,927 6,345 7,306 7,978 8,039
Operating Expenses 3,311 2,756 2,886 2,773 2,637 2,754 2,592 2,747
-------- ------- ------- ------- ------ ------ ------ ------
Net 11,151 11,554 11,606 3,046 (1,471) (6,465) (9,003) (3,769)
Taxes 1,110 1,553 1,213 1,563 684 1,281 503 269
Interest 664 372 44 878 8 0 619 331
Capital Expenditures 1,202 960 1,319 1,033 1,041 1,281 1,279 1,230
Other (449) (449) (449) (449) (449) (449) (449) (449)
--------- -------- -------- -------- ------- ------- ------- -------
Net Cash Before Financing 8,624 9,118 9,479 21 (2,755) (8,578) (10,955) (5,150)
Financing
Long-Term Debt Repayment (1,299) (752) (170) (2,060) (101) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 4,250 0
Dividends 0 (220) 0 0 (220) 0 0 (220)
Common Stock Issuance 0 0 0 0 0 0 1,000 0
Short-Term (Net) (5,375) 0 0 0 0 0 0 5,363
Working Capital and Other (1,950) (8,146) (9,309) 2,039 3,076 8,578 5,705 7
--------- -------- -------- ------ ------ ------ ------ ---------
Total Financing (8,624) (9,118) (9,479) (21) 2,755 8,578 10,955 5,150
Short-Term Balance 0 0 0 0 0 0 0 5,363
Money Pool Investment Balance 1,950 10,096 19,405 17,366 14,290 5,712 7 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
------- ------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 7,470 8,612 10,757 15,236 137,312
Gas Purchased 8,128 6,978 6,953 7,162 85,353
Operating Expenses 2,531 2,869 3,019 3,064 33,939
------ ------ ------ ------ --------
Net (3,189) (1,235) 785 5,010 18,020
Taxes 1,063 571 387 2,003 12,200
Interest 35 1,018 4 0 3,973
Capital Expenditures 1,133 1,377 1,369 1,682 14,906
Other (449) (449) (449) (449) (5,388)
------- ------- ------ ------ ---------
Net Cash Before Financing (4,971) (3,752) (526) 1,774 (7,671)
Financing
Long-Term Debt Repayment 0 0 0 0 (4,382)
Long-Term Borrowing 0 4,250 0 0 8,500
Dividends 0 0 (219) 0 (879)
Common Stock Issuance 0 1,000 0 0 2,000
Short-Term (Net) 4,971 (1,498) 745 (1,774) 2,432
Working Capital and Other 0 0 0 0 0
-------- --------- ------- -------- --------
Total Financing 4,971 3,752 526 (1,774) 7,671
Short-Term Balance 10,334 8,836 9,581 7,807
Money Pool Investment Balance 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ------------------------------------- ----------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
14.7 14.7 19.0 10.3
</TABLE>
<PAGE> 1
Exhibit K-2
Page 1 of 2
COLUMBIA GAS OF MARYLAND, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 4,267 4,950 5,007 3,963 2,814 1,879 1,630 2,239
Gas Purchased 1,779 1,731 1,524 1,244 1,475 1,568 1,479 1,523
Operating Expenses 922 731 805 803 765 790 746 795
-------- -------- -------- -------- -------- -------- -------- --------
Net 1,566 2,488 2,678 1,916 574 (479) (595) (79)
Taxes 88 94 146 522 82 462 55 32
Interest 119 125 18 257 9 0 145 110
Capital Expenditures 235 238 303 391 382 326 292 592
Other (105) 579 213 (143) (87) 58 367 (675)
-------- -------- -------- -------- -------- -------- -------- --------
Net Cash Before Financing 1,229 1,452 1,998 889 188 (1,325) (1,454) (138)
Financing
Long-Term Debt Repayment (261) (264) (94) (660) (93) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 1,500 0
Dividends 0 (217) 0 0 (216) 0 0 (217)
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (968) (582) 0 0 0 0 0 0
Working Capital and Other 0 (389) (1,904) (229) 121 1,325 (46) 355
-------- -------- -------- -------- -------- -------- -------- --------
Total Financing (1,229) (1,452) (1,998) (889) (188) 1,325 1,454 138
Short-Term Balance 582 0 0 0 0 0 0 0
Money Pool Investment Balance 0 389 2,293 2,522 2,401 1,076 1,122 767
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 2,048 2,213 2,477 3,252 36,739
Gas Purchased 1,518 1,223 1,437 1,475 17,976
Operating Expenses 691 790 826 826 9,490
-------- -------- -------- -------- ---------
Net (161) 200 214 951 9,273
Taxes 524 809 162 512 3,488
Interest 14 256 5 0 1,058
Capital Expenditures 272 457 264 334 4,086
Other 294 (1,056) 18 299 (238)
-------- -------- -------- -------- --------
Net Cash Before Financing (1,265) (266) (235) (194) 879
Financing
Long-Term Debt Repayment 0 0 0 0 (1,372)
Long-Term Borrowing 0 0 0 0 1,500
Dividends 0 0 (217) 0 (867)
Common Stock Issuance 1,200 0 0 0 1,200
Short-Term (Net) 0 0 16 194 (1,340)
Working Capital and Other 65 266 436 0 0
-------- -------- -------- -------- ----------
Total Financing 1,265 266 235 194 (879)
Short-Term Balance 0 0 16 210
Money Pool Investment Balance 702 436 0 0
</TABLE>
<PAGE> 2
Exhibit K-2
Page 2 of 2
COLUMBIA GAS OF MARYLAND, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 4,461 5,213 5,252 4,177 2,949 1,964 1,705 2,327
Gas Purchased 1,850 1,807 1,637 1,304 1,576 1,613 1,599 1,643
Operating Expenses 960 767 844 841 803 828 782 834
------- ------- ------- ------- ------- ------- ------- -------
Net 1,651 2,639 2,771 2,032 570 (477) (676) (150)
Taxes 90 95 151 486 135 523 58 33
Interest 158 112 14 280 5 0 195 98
Capital Expenditures 251 254 323 417 407 348 312 632
Other 291 291 291 291 291 291 291 291
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 861 1,887 1,992 558 (268) (1,639) (1,532) (1,204)
Financing
Long-Term Debt Repayment (361) (264) (94) (660) (60) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 4,000 0
Dividends 0 (193) 0 0 (193) 0 0 (193)
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (210) 0 0 0 0 0 0 0
Working Capital and Other (290) (1,430) (1,898) 102 521 1,639 (2,468) 1,397
-------- ------- ------- ------- ------- ------ ------- ------
Total Financing (861) (1,887) (1,992) (558) 268 1,639 1,532 1,204
Short-Term Balance 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 290 1,721 3,619 3,518 2,997 1,358 3,827 2,430
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 2,131 2,299 2,563 3,385 38,426
Gas Purchased 1,664 1,364 1,516 1,546 19,119
Operating Expenses 726 826 863 868 9,942
------ ------- ------- ------- --------
Net (259) 109 184 971 9,365
Taxes 450 972 188 499 3,680
Interest 9 343 2 0 1,216
Capital Expenditures 290 488 282 356 4,360
Other 291 291 291 291 3,487
------ ------- ------- ------- --------
Net Cash Before Financing (1,299) (1,985) (579) (175) (3,378)
Financing
Long-Term Debt Repayment 0 0 0 0 (1,439)
Long-Term Borrowing 0 0 0 0 4,000
Dividends 0 0 (194) 0 (773)
Common Stock Issuance 0 0 0 1,800 1,800
Short-Term (Net) 0 853 773 (1,625) (210)
Working Capital and Other 1,299 1,132 0 0 0
------ ------ -------- --------- ---------
Total Financing 1,299 1,985 579 175 3,378
Short-Term Balance 0 853 1,625 0
MONEY POOL INVESTMENT BALANCE 1,132 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- -------------------------------------- ------------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
8.5 8.5 4.0 1.6
</TABLE>
<PAGE> 1
Exhibit K-3
Page 1 of 2
COLUMBIA GAS OF OHIO, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
--------- --------- ---------- --------- -------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 155,446 155,772 170,949 128,751 98,960 65,373 49,354 60,208
Gas Purchased 74,216 68,181 60,891 44,843 59,013 68,032 65,169 64,285
Operating Expenses 21,481 18,447 19,390 18,493 17,774 18,810 17,273 18,690
------- ------- ------- ------- ------- ------- ------- -------
Net 59,749 69,144 90,668 65,415 22,173 (21,469) (33,088) (22,767)
Taxes 8,536 11,152 22,025 9,746 792 34,613 13,213 1,816
Interest 3,155 2,843 515 5,855 215 0 2,790 2,522
Capital Expenditures 5,837 5,909 5,909 6,535 6,934 9,625 7,622 7,659
Other 4,882 6,423 4,651 (3,011) 1,899 (693) 8,849 859
------- ------- ------- -------- ------- --------- ------- --------
Net Cash Before Financing 37,339 42,817 57,568 46,290 12,333 (65,014) (65,562) (35,623)
Financing
Long-Term Debt Repayment (5,452) (5,638) (1,876) (14,090) (2,058) 0 0 0
Long-Term Borrowing 0 0 0 0 0 20,000 20,000 7,600
Dividends 0 (9,144) 0 0 (9,144) 0 0 (9,144)
Common Stock Issuance 0 0 0 0 0 0 34,000 0
Short-Term (Net) (31,887) (28,035) (44,012) 0 0 3 11,562 37,167
Working Capital and Other 0 0 (11,680) (32,200) (1,131) 45,011 0 0
------- ------- -------- -------- -------- ------ ------ -------
Total Financing (37,339) (42,817) (57,568) (46,290) (12,333) 65,014 65,562 35,623
Short-Term Balance 72,047 44,012 0 0 0 3 11,565 48,732
Money Pool Investment Balance 0 0 11,680 43,880 45,011 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- --------- --------- -------
<S> <C> <C> <C> <C>
Receipts 64,183 70,683 82,964 115,060 1,217,703
Gas Purchased 64,613 55,361 63,377 45,904 733,885
Operating Expenses 17,133 19,493 19,504 19,231 225,719
------- ------- ------- ------- --------
Net (17,563) (4,171) 83 49,925 258,099
Taxes 10,154 19,479 2,404 11,918 145,848
Interest 427 6,227 130 0 24,679
Capital Expenditures 7,160 10,142 8,483 8,828 90,643
Other 3,046 (6,409) 3,612 4,228 28,336
------- -------- ------- ------- -------
Net Cash Before Financing (38,350) (33,610) (14,546) 24,951 (31,407)
Financing
Long-Term Debt Repayment 0 0 0 0 (29,114)
Long-Term Borrowing 0 0 0 0 47,600
Dividends 0 0 (9,145) 0 (36,577)
Common Stock Issuance 0 0 0 0 34,000
Short-Term (Net) 38,350 33,610 23,691 (24,951) 15,498
Working Capital and Other 0 0 0 0 0
---------- ------- --------- ---------- ----------
Total Financing 38,350 33,610 14,546 (24,951) 31,407
Short-Term Balance 87,082 120,692 144,383 119,432
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-3
Page 2 of 2
COLUMBIA GAS OF OHIO, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
---------- ---------- ---------- -------- ------- --------- -------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 165,556 166,512 182,850 139,607 106,970 72,104 55,036 64,387
Gas Purchased 73,611 72,099 65,405 49,221 63,199 72,066 71,001 71,147
Operating Expenses 22,838 19,678 20,663 19,724 18,976 20,057 18,451 19,932
------- ------- ------- ------- ------- ------- ------- -------
Net 69,107 74,735 96,782 70,662 24,795 (20,019) (34,416) (26,692)
Taxes 9,730 12,832 23,967 7,669 810 35,622 15,241 2,023
Interest 4,016 2,563 427 7,344 129 0 5,289 2,254
Capital Expenditures 4,890 4,951 4,951 5,475 5,809 8,064 6,386 6,416
Other 2,842 2,842 2,842 2,842 2,842 2,842 2,842 2,842
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 47,629 51,547 64,595 47,332 15,205 (66,547) (64,174) (40,227)
Financing
Long-Term Debt Repayment (7,405) (5,638) (1,876) (14,090) (1,625) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 22,100 0
Dividends 0 (7,692) 0 0 (7,692) 0 0 (7,692)
Common Stock Issuance 0 0 0 0 0 0 5,000 0
Short-Term (Net) (40,224) (38,217) (40,992) 0 0 5,691 37,074 47,919
Working Capital and Other 0 0 (21,727) (33,242) (5,888) 60,856 0 0
-------- -------- ------- ------- ------- ------- -------- --------
Total Financing (47,629) (51,547) (64,595) (47,332) (15,205) 66,547 64,174 40,227
Short-Term Balance 79,208 40,992 0 0 0 5,691 42,765 90,685
Money Pool Investment Balance 0 0 21,727 54,969 60,856 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- --------- --------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 68,772 75,813 88,962 123,104 1,309,673
Gas Purchased 72,551 62,935 66,929 50,869 791,033
Operating Expenses 18,306 20,768 20,777 20,484 240,654
------- ------- ------- ------- --------
Net (22,085) (7,890) 1,256 51,751 277,986
Taxes 8,219 20,710 2,706 6,372 145,901
Interest 335 8,156 63 0 30,576
Capital Expenditures 5,999 8,497 7,107 7,396 75,941
Other 2,842 2,842 2,842 2,842 34,108
------- ------- ------- ------- --------
Net Cash Before Financing (39,480) (48,095) (11,462) 35,141 (8,540)
Financing
Long-Term Debt Repayment 0 0 0 0 (30,634)
Long-Term Borrowing 22,100 0 0 0 44,200
Dividends 0 0 (7,691) 0 (30,767)
Common Stock Issuance 5,000 0 0 0 10,000
Short-Term (Net) 12,380 48,095 19,153 (35,141) 15,741
Working Capital and Other 0 0 0 0 0
------- ------ ------- ------- -------
Total Financing 39,480 48,095 11,462 (35,141) 8,540
Short-Term Balance 103,065 151,160 170,314 135,173
Money Pool Investment Balance 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-term Financing
- --------------------------------- ----------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
135.8 135.8 240.0 170.3
</TABLE>
<PAGE> 1
Exhibit K-4
Page 1 of 2
COLUMBIA GAS OF PENNSYLVANIA, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
------- ------- ------- ------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 55,075 54,552 58,603 43,831 35,607 25,032 18,661 23,240
Gas Purchased 17,858 17,066 16,078 17,587 20,237 23,402 21,429 21,302
Operating Expenses 8,973 7,500 7,913 7,619 7,184 7,596 7,084 7,523
------- ------- ------- ------- ------- ------- ------- -------
Net 28,244 29,986 34,612 18,625 8,186 (5,966) (9,852) (5,585)
Taxes 1,019 1,202 24,268 6,860 820 7,410 404 396
Interest 1,688 1,251 516 2,482 111 0 1,353 1,111
Capital Expenditures 2,553 2,309 2,663 2,723 3,048 2,843 2,808 3,278
Other 1,828 3,231 682 (2,768) (557) 139 5,314 (721)
------- ------- ------- -------- ------- ------- ------- -------
Net Cash Before Financing 21,156 21,993 6,483 9,328 4,764 (16,358) (19,731) (9,649)
Financing
Long-Term Debt Repayment (3,641) (2,450) (1,631) (6,020) (770) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 15,500 0
Dividends 0 (4,738) 0 0 (4,738) 0 0 (4,738)
Common Stock Issuance 0 0 0 0 0 0 0 5,000
Short-Term (Net) (17,515) (10,037) 0 0 0 4,174 4,231 9,387
Working Capital and Other 0 (4,768) (4,852) (3,308) 744 12,184 0 0
------- -------- ------- -------- ------- ------- ------ ------
Total Financing (21,156) (21,993) (6,483) (9,328) (4,764) 16,358 19,731 9,649
Short-Term Balance 10,037 0 0 0 0 4,174 8,405 17,792
Money Pool Investment Balance 0 4,768 9,620 12,928 12,184 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
------- ------- ------- ------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 24,027 28,079 32,143 40,812 439,662
Gas Purchased 21,214 17,835 17,294 18,830 230,132
Operating Expenses 6,972 7,841 8,141 8,190 92,536
------ ------- ------- ------ -------
Net (4,159) 2,403 6,708 13,792 116,994
Taxes 6,700 436 452 6,450 56,417
Interest 506 2,712 85 0 11,815
Capital Expenditures 2,500 3,533 3,087 4,017 35,362
Other 1,904 (2,225) 3,045 2,434 12,306
------- -------- ------ ------ -------
Net Cash Before Financing (15,769) (2,053) 39 891 1,094
Financing
Long-Term Debt Repayment 0 0 0 0 (14,512)
Long-Term Borrowing 0 0 0 0 15,500
Dividends 0 0 (4,739) 0 (18,953)
Common Stock Issuance 0 0 0 0 5,000
Short-Term (Net) 15,769 2,053 4,700 (891) 11,871
Working Capital and Other 0 0 0 0 0
------- ----- ------ ----- ------
Total Financing 15,769 2,053 (39) (891) (1,094)
Short-Term Balance 33,561 35,614 40,314 39,423
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-4
Page 2 of 2
COLUMBIA GAS OF PENNSYLVANIA, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul.
-------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C>
Receipts 55,361 54,979 58,975 37,453 28,950 18,364 11,977
Gas Purchased 18,988 18,669 17,114 15,746 19,800 24,426 23,702
Operating Expenses 9,880 8,217 8,654 8,361 7,864 8,323 7,776
------- ------ -------- ------- -------- -------- --------
Net 26,493 28,093 33,207 13,346 1,286 (14,385) (19,501)
Taxes 927 1,126 22,624 3,970 789 3,514 414
Interest 2,058 1,251 539 3,326 111 0 3,049
Capital Expenditures 2,415 2,184 2,518 2,575 2,883 2,689 2,655
Other 182 182 182 182 182 182 182
-------- -------- -------- ------- ------ ------- -------
Net Cash Before Financing 20,911 23,350 7,344 3,293 (2,679) (20,770) (25,801)
Financing
Long-Term Debt Repayment (3,641) (2,450) (1,451) (6,020) (162) 0 0
Long-Term Borrowing 0 0 0 0 0 0 18,100
Dividends 0 (4,130) 0 0 (4,130) 0 0
Common Stock Issuance 0 0 0 0 0 0 0
Short-Term (Net) (17,270) (16,770) (5,384) 2,219 6,971 20,770 7,701
Working Capital and Other 0 0 (509) 508 0 0 0
------- ------- ------- ------ ------ ------ ------
Total Financing (20,911) (23,350) (7,344) (3,293) 2,679 20,770 25,801
Short-Term Balance 22,153 5,384 0 2,219 9,190 29,960 37,662
Money Pool Investment Balance 0 0 509 0 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Aug. Sep. Oct. Nov. Dec. Total
-------- -------- ------- ------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 23,320 23,819 27,873 31,842 40,625 413,538
Gas Purchased 23,640 23,769 20,853 19,988 15,434 242,129
Operating Expenses 8,238 7,636 8,597 8,958 9,041 101,545
------ ------ ------- ------ -------- -------
Net (8,558) (7,586) (1,577) 2,896 16,150 69,864
Taxes 403 2,154 380 459 2,469 39,229
Interest 1,111 506 3,648 85 0 15,684
Capital Expenditures 3,100 2,364 3,341 2,920 3,799 33,443
Other 182 182 182 182 182 2,184
------- ------- ------- ------- -------- --------
Net Cash Before Financing (13,354) (12,792) (9,128) (750) 9,700 (20,676)
Financing
Long-Term Debt Repayment 0 0 0 0 0 (13,724)
Long-Term Borrowing 0 0 0 0 0 18,100
Dividends (4,130) 0 0 (4,130) 0 (16,520)
Common Stock Issuance 5,750 0 0 0 5,750 11,500
Short-Term (Net) 11,734 12,792 9,128 4,880 (15,450) 21,321
Working Capital and Other 0 0 0 0 0 (1)
------- ------ -------- ------ ------- -------
Total Financing 13,354 12,792 9,128 750 (9,700) 20,676
Short-Term Balance 49,396 62,189 71,317 76,198 60,748
Money Pool Investment Balance 0 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
LONG-TERM FINANCING Short-Term Financing
- --------------------------------------------- ---------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
50.1 50.1 88.0 76.2
</TABLE>
<PAGE> 1
Exhibit K-5
Page 1 of 2
COMMONWEALTH GAS SERVICES, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 23,211 23,733 24,411 13,946 10,013 5,516 4,034 8,890
Gas Purchased 11,400 10,415 10,340 7,920 6,233 6,593 6,379 6,449
Operating Expenses 3,905 3,277 3,386 3,267 3,059 3,260 3,044 3,272
-------- -------- -------- -------- -------- -------- -------- --------
Net 7,906 10,041 10,685 2,759 721 (4,337) (5,389) (831)
Taxes 1,323 986 1,000 2,816 1,230 2,173 589 469
Interest 1,047 726 62 1,494 30 23 1,329 645
Capital Expenditures 2,070 2,275 2,135 2,323 1,947 3,097 2,245 4,199
Other (317) (265) 732 (2,803) 526 (1,211) 2,555 (1,775)
-------- -------- -------- -------- -------- -------- -------- --------
Net Cash Before Financing 3,783 6,319 6,756 (1,071) (3,012) (8,419) (12,107) (4,369)
Financing
Long-Term Debt Repayment (1,855) (1,603) (141) (4,662) (72) 0 0 (100)
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 13,000 0
Short-Term (Net) 0 0 0 0 0 1,538 (893) 4,469
Working Capital and Other (1,928) (4,716) (6,615) 5,733 3,084 6,881 0 0
-------- -------- -------- -------- -------- -------- ---------- ----------
Total Financing (3,783) (6,319) (6,756) 1,071 3,012 8,419 12,107 4,369
Short-Term Balance 0 0 0 0 0 1,538 645 5,114
Money Pool Investment Balance 4,367 9,083 15,698 9,965 6,881 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- ------------------
<S> <C> <C> <C> <C> <C>
Receipts 8,917 9,837 10,675 16,228 159,411
Gas Purchased 6,326 5,702 5,992 9,373 93,122
Operating Expenses 2,959 3,420 3,571 3,594 40,014
-------- -------- -------- -------- ---------
Net (368) 715 1,112 3,261 26,275
Taxes 2,016 485 961 3,074 17,122
Interest 55 1,220 27 24 6,682
Capital Expenditures 1,923 4,171 2,207 5,625 34,217
Other 466 (2,514) 509 (3,625) (7,722)
-------- -------- -------- -------- --------
Net Cash Before Financing (4,828) (2,647) (2,592) (1,837) (24,024)
Financing
Long-Term Debt Repayment 0 (22) 0 0 (8,455)
Long-Term Borrowing 0 0 0 0 0
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 13,000 0 26,000
Short-Term (Net) 4,828 2,669 (10,408) 1,837 4,040
Working Capital and Other 0 0 0 0 9
------- ------ ------- ------ -------
Total Financing 4,828 2,647 2,592 1,837 24,024
Short-Term Balance 9,942 12,611 2,203 4,040
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-5
Page 2 of 2
COMMONWEALTH GAS SERVICES, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
--------- --------- --------- --------- -------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 24,745 25,284 26,023 15,543 11,169 6,407 4,769 9,445
Gas Purchased 10,456 9,737 9,662 7,160 6,287 6,248 6,395 6,542
Operating Expenses 4,130 3,473 3,588 3,464 3,247 3,456 3,231 3,470
------- ------ ------ ------ ------ ------ ------ ------
Net 10,159 12,074 12,773 4,919 1,635 (3,297) (4,857) (567)
Taxes 1,529 1,079 1,018 2,422 1,262 2,557 604 486
Interest 1,466 655 55 1,236 27 23 1,353 576
Capital Expenditures 1,840 2,023 1,898 2,065 1,731 2,753 1,995 3,732
Other (455) (455) (455) (455) (455) (455) (455) (455)
-------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 5,779 8,772 10,257 (349) (930) (8,175) (8,354) (4,906)
Financing
Long-Term Debt Repayment (2,922) (1,603) (141) (4,662) (51) 0 0 (100)
Long-Term Borrowing 0 0 0 0 0 0 8,100 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (2,857) (1,183) 0 0 0 0 0 3,328
Working Capital and Other 0 (5,985) (10,116) 5,011 981 8,175 254 1,679
------- ------- -------- ------ ------ ------ ------ ------
Total Financing (5,779) (8,772) (10,257) 349 930 8,175 8,354 4,906
Short-Term Balance 1,183 0 0 0 0 0 0 3,328
MONEY POOL INVESTMENT BALANCE 0 5,985 16,101 11,090 10,108 1,933 1,679 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C>
Receipts 9,474 10,461 11,326 17,269 171,915
Gas Purchased 6,597 5,941 6,255 8,663 89,943
Operating Expenses 3,142 3,623 3,782 3,796 42,402
-------- -------- -------- -------- --------
Net (265) 897 1,289 4,810 39,570
Taxes 2,202 534 1,007 3,732 18,432
Interest 48 1,472 24 24 6,959
Capital Expenditures 1,709 3,708 1,962 5,001 3,041
Other (455) (455) (455) (455) (5,456)
--------- --------- --------- --------- ---------
Net Cash Before Financing (3,769) (4,362) (1,249) (3,492) (10,782)
Financing
Long-Term Debt Repayment 0 (22) 0 0 (9,501)
Long-Term Borrowing 0 0 8,100 0 16,200
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 3,769 4,384 (6,851) 3,492 4,083
Working Capital and Other 0 0 0 0 0
--------- --------- --------- --------- ----------
Total Financing 3,769 4,362 1,249 3,492 10,782
Short-Term Balance 7,097 11,481 4,631 8,123
MONEY POOL INVESTMENT BALANCE 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- --------------------------------------- ---------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
42.2 42.2 19.0 12.6
</TABLE>
<PAGE> 1
Exhibit K-6
Page 1 of 2
COLUMBIA GULF TRANSMISSION COMPANY
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May. Jun. Jul. Aug.
---------- --------- --------- --------- -------- --------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 19,575 12,909 13,879 12,915 12,459 13,890 12,467 12,581
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 7,200 6,501 6,102 7,091 6,362 6,332 7,508 6,907
------- ------ ------ ------- ------ ------- ------- --------
Net 12,375 6,408 7,777 5,824 6,097 7,558 4,959 5,674
Taxes 1,588 1,237 592 3,877 2,292 3,810 368 340
Interest 0 24 7 0 185 0 2,645 0
Capital Expenditures 1,145 814 648 753 1,081 1,716 1,433 1,218
Other 91 92 92 92 92 92 92 92
------- ------ ------ ------- ------ ------- ------- --------
Net Cash Before Financing 9,551 4,241 6,438 1,102 2,447 1,940 421 4,024
Financing
Long-Term Debt Repayment 0 0 0 0 (1,752) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends (3,426) 0 0 (2,367) 0 0 (1,538) 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (6,125) (4,241) (4,976) 0 0 0 0 0
Working Capital and Other 0 0 (1,462) 1,265 (695) (1,940) 1,117 (4,024)
------- ------ ------- ------- ------- -------- ------- ---------
Total Financing (9,551) (4,241) (6,438) (1,102) (2,447) (1,940) (421) (4,024)
Short-Term Balance 9,217 4,976 0 0 0 0 0 0
Money Pool Investment Balance 0 0 1,462 197 892 2,832 1,715 5,739
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
--------- --------- --------- --------- --------
<S> <C> <C> <C> <C> <C>
Receipts 13,893 12,464 12,582 13,551 163,165
Gas Purchased 0 0 0 0 0
Operating Expenses 7,395 6,893 8,731 6,758 83,780
------- ------- -------- ------- --------
Net 6,498 5,571 3,851 6,793 79,385
Taxes 4,197 356 328 5,415 24,400
Interest 0 0 120 0 2,981
Capital Expenditures 4,611 1,128 694 5,285 20,526
Other 2,785 92 92 92 3,796
------- ------- -------- ------- --------
Net Cash Before Financing (5,095) 3,995 2,617 (3,999) 27,682
Financing
Long-Term Debt Repayment 0 0 0 0 (1,752)
Long-Term Borrowing 0 0 0 0 0
Dividends 0 (3,003) 0 0 (10,334)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 (15,342)
Working Capital and Other 5,095 (992) (2,617) 3,999 (254)
------- -------- --------- ------- ---------
Total Financing 5,095 (3,995) (2,617) 3,999 (27,682)
Short-Term Balance 0 0 0 0
Money Pool Investment Balance 644 1,636 4,253 254
</TABLE>
<PAGE> 2
Exhibit K-6
Page 2 of 2
COLUMBIA GULF TRANSMISSION COMPANY
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
--------- -------- -------- ------- -------- ------- -------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 12,569 12,446 13,208 12,446 12,011 13,100 11,980 12,053
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 6,070 14,432 6,496 7,526 6,765 6,717 7,966 7,360
------- ------ ------- ------ -------- ------- ------- -------
Net 6,499 (1,986) 6,712 4,920 5,246 6,383 4,014 4,693
Taxes 1,654 1,294 519 1,968 1,151 1,953 346 351
Interest 2,305 14 29 20 144 28 2,226 36
Capital Expenditures 2,030 2,030 2,030 2,030 3,384 3,045 3,045 4,399
Other 92 92 92 92 92 92 92 92
------- ------ ------- ------ -------- ------- ------- -------
Net Cash Before Financing 418 (5,416) 4,042 810 475 1,265 (1,695) (185)
Financing
Long-Term Debt Repayment (2,033) 0 0 0 (1,752) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends (3,105) 0 0 (1,974) 0 0 (1,096) 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 4,466 5,416 (4,042) 1,164 1,277 (1,265) 2,791 185
Working Capital and Other 254 0 0 0 0 0 0 0
------- ------ ------- ------ -------- ------- ------- -------
Total Financing (418) 5,416 (4,042) (810) (475) (1,265) 1,695 185
Short-Term Balance 4,466 9,882 5,840 7,004 8,281 7,016 9,807 9,992
Money Pool Investment Balance 0 0 0 0 0 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 13,033 11,919 12,028 16,035 152,828
Gas Purchased 0 0 0 0 0
Operating Expenses 7,702 7,332 9,207 7,122 94,695
------- ------ ------- ------- -------
Net 5,331 4,587 2,821 8,913 58,133
Taxes 2,384 339 337 3,910 16,206
Interest 46 50 61 4 4,963
Capital Expenditures 4,399 3,384 2,030 2,030 33,836
Other 2,761 92 92 92 3,773
------- ------ ------- ------- -------
Net Cash Before Financing (4,259) 722 301 2,877 (645)
Financing
Long-Term Debt Repayment 0 0 0 0 (3,785)
Long-Term Borrowing 0 0 13,000 0 13,000
Dividends 0 (2,125) 0 0 (8,300)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 4,259 1,403 (13,301) (2,353) 0
Working Capital and Other 0 0 0 (524) (270)
------- ------ ------- -------- --------
Total Financing 4,259 (722) (301) (2,877) 645
Short-Term Balance 14,251 15,654 2,353 0
Money Pool Investment Balance 0 0 0 524
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-term Financing Short-term Financing
- --------------------------------- --------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- ---------- ----------- ---------
<S> <C> <C> <C>
13.0 13.0 19.0 15.7
</TABLE>
<PAGE> 1
Exhibit K-7
Page 1 of 2
COLUMBIA NATURAL RESOURCES, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
--------- -------- -------- ------- ------- -------- -------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 10,032 9,256 8,716 9,000 9,186 9,144 9,168 9,213
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 2,930 2,870 2,903 2,924 2,921 2,919 2,925 2,939
------- ------ ----- ----- ------ ------ ----- -----
Net 7,102 6,386 5,813 6,076 6,265 6,225 6,243 6,274
Taxes 382 1,667 1,679 1,491 351 1,489 352 356
Interest 858 392 0 530 0 0 812 326
Capital Expenditures 3,303 3,303 3,443 3,303 3,304 3,439 7,499 3,304
Other 1,433 1,524 1,532 1,427 1,429 1,427 1,430 1,429
------- ------ ----- ----- ------ ------ ----- -----
Net Cash Before Financing 1,126 (500) (841) (675) 1,181 (130) (3,850) 859
Financing
Long-Term Debt Repayment (1,409) (1,300) (1,000) (1,500) 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 (3,736) 0 0 (3,736) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 3,778 2,175 (1,181) 3,866 3,850 (859)
Working Capital and Other 283 1,800 1,799 0 0 0 0 0
------- ------ ------ -------- --------- --------- -------- -------
Total Financing (1,126) 500 841 675 (1,181) 130 3,850 (859)
Short-Term Balance 0 0 3,778 5,953 4,772 8,638 12,488 11,629
Money Pool Investment Balance 3,599 1,799 0 0 0 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
------- -------- -------- -------- ----------
<S> <C> <C> <C> <C> <C>
Receipts 9,339 9,528 9,901 9,675 112,158
Gas Purchased 0 0 0 0 0
Operating Expenses 2,959 3,001 2,975 3,019 35,285
------ ------ ------- ------ -------
Net 6,380 6,527 6,926 6,656 76,873
Taxes 3,157 377 369 1,522 13,192
Interest 0 601 0 0 3,519
Capital Expenditures 3,445 3,305 3,304 3,439 44,391
Other 1,427 1,429 1,423 1,425 17,335
------ ------ ------- ------ -------
Net Cash Before Financing (1,649) 815 1,830 270 (1,564)
Financing
Long-Term Debt Repayment 0 0 0 0 (5,209)
Long-Term Borrowing 0 0 0 20,000 20,000
Dividends (3,736) 0 0 (3,736) (14,944)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 5,385 (815) (1,830) (14,369) 0
Working Capital and Other 0 0 0 (2,165) 1,717
------ ------ ------- ------- -------
Total Financing 1,649 (815) (1,830) (270) 1,564
Short-Term Balance 17,014 16,199 14,369 0
Money Pool Investment Balance 0 0 0 2,165
</TABLE>
<PAGE> 2
Exhibit K-7
Page 2 of 2
COLUMBIA NATURAL RESOURCES, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
------- -------- -------- -------- ------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 10,335 9,636 9,455 10,073 9,845 9,953 9,859 10,271
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 3,140 3,019 3,488 3,576 3,142 3,130 3,182 3,115
------ ------ ------ ------ ------ ------ ----- ------
Net 7,195 6,617 5,967 6,497 6,703 6,823 6,677 7,156
Taxes 390 1,753 1,776 1,236 10,828 1,236 386 385
Interest 858 392 0 530 0 0 812 326
Capital Expenditures 3,792 3,792 4,167 3,792 3,792 4,167 3,477 3,792
Other 1,396 1,397 1,399 1,400 1,401 1,400 1,400 1,401
------ ------ ------ ------ ------ ------ ----- ------
Net Cash Before Financing 759 (717) (1,375) (461) (9,318) 20 602 1,252
Financing
Long-Term Debt Repayment (1,409) (1,300) (1,000) (1,500) 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 20,000 0 0
Dividends 0 0 (4,633) 0 0 (4,633) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 502 7,008 1,961 9,318 (15,386) (602) (1,252)
Working Capital and Other 650 1,515 0 0 0 (1) 0 0
------ ------ ------ ------ ------ ------- ----- ------
Total Financing (759) 717 1,375 461 9,318 (20) (602) (1,252)
Short-Term Balance 0 502 7,510 9,471 18,789 3,403 2,801 1,549
MONEY POOL INVESTMENT BALANCE 1,515 0 0 0 0 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
-------- --------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 10,265 10,123 11,416 10,722 121,953
Gas Purchased 0 0 0 0 0
Operating Expenses 3,464 4,328 3,225 4,109 40,918
------ ------ ------ ------ -------
Net 6,801 5,795 8,191 6,613 81,035
Taxes 2,616 428 403 409 21,846
Interest 0 601 0 0 3,519
Capital Expenditures 4,168 3,792 3,790 4,164 46,685
Other 1,401 1,400 1,399 1,400 16,794
------ ------ ------ ------ -------
Net Cash Before Financing (1,384) (426) 2,599 640 (7,809)
Financing
Long-Term Debt Repayment 0 0 0 0 (5,209)
Long-Term Borrowing 0 0 0 10,000 30,000
Dividends (4,633) 0 0 (4,633) (18,532)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 6,017 426 (2,599) (5,393) 0
Working Capital and Other 0 0 0 (614) 1,550
------ ------ ------ ------- -------
Total Financing 1,384 426 (2,599) (640) 7,809
Short-Term Balance 7,566 7,992 5,393 0
MONEY POOL INVESTMENT BALANCE 0 0 0 614
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- --------------------------------------- ----------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
50.0 50.0 30.0 18.8
</TABLE>
<PAGE> 1
Exhibit K-8
Page 1 of 2
COLUMBIA GAS DEVELOPMENT CORPORATION
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
-------- -------- -------- ------- ------- ------ -------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 10,829 11,045 10,764 10,160 10,038 9,861 10,592 10,762
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 790 790 790 790 790 790 790 790
-------- -------- ------- ------- ------- ------- ------- -------
Net 10,039 10,255 9,974 9,370 9,248 9,071 9,802 9,972
Taxes 262 267 261 246 243 239 256 261
Interest 559 460 520 488 508 496 513 513
Capital Expenditures 6,601 6,601 6,601 6,601 6,601 6,601 6,601 6,601
Other 2,522 2,594 2,550 2,510 2,487 2,461 2,522 2,534
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 95 333 42 (475) (591) (726) (90) 63
Financing
Long-Term Debt Repayment (6,500) 0 (2,115) (3,300) 0 0 0 0
Long-Term Borrowing 5,165 0 1,740 3,775 591 726 90 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other 1,240 (333) 333 0 0 0 0 (63)
------- ------- -------- --------- --------- -------- --------- ---------
Total Financing (95) (333) (42) 475 591 726 90 (63)
Short-Term Balance 0 0 0 0 0 0 0 0
Money Pool Investment Balance 0 333 0 0 0 0 0 63
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
------- -------- ------- ------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 10,587 11,519 11,449 11,552 129,158
Gas Purchased 0 0 0 0 0
Operating Expenses 790 790 790 823 9,513
------- -------- -------- -------- ---------
Net 9,797 10,729 10,659 10,729 119,645
Taxes 256 (5,525) 277 279 (2,678)
Interest 496 513 496 510 6,072
Capital Expenditures 6,601 6,601 6,601 6,609 79,220
Other 2,503 2,491 2,470 2,502 30,146
------- ------- ------- ------- --------
Net Cash Before Financing (59) 6,649 815 829 6,885
Financing
Long-Term Debt Repayment 0 0 0 0 (11,915)
Long-Term Borrowing 0 0 0 (297) 11,790
Dividends 0 0 0 (8,000) (8,000)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other 59 (6,649) (815) 7,468 1,240
-------- -------- -------- ------ ---------
Total Financing 59 (6,649) (815) (829) (6,885)
Short-Term Balance 0 0 0 0
Money Pool Investment Balance 4 6,653 7,468 0
</TABLE>
<PAGE> 2
Exhibit K-8
Page 2 of 2
COLUMBIA GAS DEVELOPMENT CORPORATION
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
--------- -------- -------- -------- ------- ------- --------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 11,544 11,547 11,547 11,544 11,547 11,548 11,549 11,554
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 820 820 820 820 820 820 820 820
------- ------- ------- ------- ------- ------- ------- -------
Net 10,724 10,727 10,727 10,724 10,727 10,728 10,729 10,734
Taxes 280 280 280 457 280 457 280 280
Interest 530 452 496 449 470 455 470 470
Capital Expenditures 6,250 6,250 6,250 6,250 6,250 6,250 6,250 6,250
Other 2,638 2,638 2,638 2,638 2,638 2,638 2,638 2,638
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 1,026 1,107 1,063 930 1,089 928 1,091 1,096
Financing
Long-Term Debt Repayment (6,500) 0 (2,115) (3,300) 0 (1,179) 0 0
Long-Term Borrowing 5,474 0 0 2,315 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other 0 (1,107) 1,052 55 (1,089) 251 (1,091) (1,096)
------- -------- ------- ------- -------- ------- -------- --------
Total Financing (1,026) (1,107) (1,063) (930) (1,089) (928) (1,091) (1,096)
Short-Term Balance 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 0 1,107 55 0 1,089 838 1,929 3,025
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
-------- -------- -------- ------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 11,556 11,567 11,577 11,629 138,709
Gas Purchased 0 0 0 0 0
Operating Expenses 820 820 820 852 9,872
------- ------- ------- ------- --------
Net 10,736 10,747 10,757 10,777 128,837
Taxes 457 (3,124) 280 494 701
Interest 454 469 454 478 5,647
Capital Expenditures 6,250 6,250 6,250 6,250 75,000
Other 2,638 2,638 2,638 2,638 31,656
------- ------- ------- ------- --------
Net Cash Before Financing 937 4,514 1,135 917 15,833
Financing
Long-Term Debt Repayment 0 0 0 0 (13,094)
Long-Term Borrowing 0 0 0 2,211 10,000
Dividends 0 0 0 (10,000) (10,000)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other (937) (4,514) (1,135) 6,872 (2,739)
-------- -------- -------- ------- ---------
Total Financing (937) (4,514) (1,135) (917) (15,833)
Short-Term Balance 0 0 0 0
MONEY POOL INVESTMENT BALANCE 3,962 8,476 9,611 2,739
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ---------------------------------------- ------------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
50.0 21.8 15.0 0.0
</TABLE>
<PAGE> 1
Exhibit K-9
Page 1 of 2
TRISTAR CAPITAL CORPORATION
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
---- ---- ---- --- --- --- --- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 0 0 0 0 0 0 0 0
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 0 1 0 1 0 1 0 16
----- ----- ----- ----- ----- ----- ----- -----
Net 0 (1) 0 (1) 0 (1) 0 (16)
Taxes 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0
Capital Expenditures 0 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0 0
----- ----- ----- ----- ----- ----- ----- -----
Net Cash Before Financing 0 (1) 0 (1) 0 (1) 0 (16)
Financing
Long-Term Debt Repayment 0 0 0 0 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other 0 1 0 1 0 1 0 16
----- ----- ----- ----- ----- ----- ----- -----
Total Financing 0 1 0 1 0 1 0 16
Short-Term Balance 0 0 0 0 0 0 0 0
Money Pool Investment Balance 57 56 56 55 55 54 54 38
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
--- --- --- --- -----
<S> <C> <C> <C> <C> <C>
Receipts 0 0 0 0 0
Gas Purchased 0 0 0 0 0
Operating Expenses 0 1 50 1 71
----- ----- ---- ----- -----
Net 0 (1) (50) (1) (71)
Taxes (6) 0 0 0 (6)
Interest 0 0 0 0 0
Capital Expenditures 0 0 0 0 0
Other 0 0 0 0 0
----- ----- ----- ----- -----
Net Cash Before Financing 6 (1) (50) (1) (65)
Financing
Long-Term Debt Repayment 0 0 0 0 0
Long-Term Borrowing 0 0 0 0 0
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 50 0 50
Short-Term (Net) 0 0 0 0 0
Working Capital and Other (6) 1 0 1 15
------ ----- ----- ----- ----
Total Financing (6) 1 50 1 65
Short-Term Balance 0 0 0 0
Money Pool Investment Balance 44 43 43 42
</TABLE>
<PAGE> 2
Exhibit K-9
Page 2 of 2
TRISTAR CAPITAL CORPORATION
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
------ ------ ------ ----- ----- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 0 0 0 0 0 0 0 0
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 0 0 0 0 0 0 0 0
------ ------ ------ ------ ------ ------ ----- ------
Net 0 0 0 0 0 0 0 0
Taxes 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0
Capital Expenditures 0 0 0 0 0 0 0 0
Other 0 1 1 1 1 1 1 16
------ ------ ------ ------- ------ ------ ----- -----
Net Cash Before Financing 0 (1) (1) (1) (1) (1) (1) (16)
Financing
Long-Term Debt Repayment 0 0 0 0 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other 0 1 1 1 1 1 1 16
------ ------ ------- ------- ------ ------ ------ ------
Total Financing 0 1 1 1 1 1 1 16
Short-Term Balance 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 42 41 40 39 38 37 36 20
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
----- ----- ----- ----- -----
<S> <C> <C> <C> <C> <C>
Receipts 0 0 0 0 0
Gas Purchased 0 0 0 0 0
Operating Expenses 0 0 50 0 50
------ ------ ------ ----- ------
Net 0 0 (50) 0 (50)
Taxes (5) 0 0 0 (5)
Interest 0 0 0 0 0
Capital Expenditures 0 0 0 0 0
Other 1 0 1 0 24
------ ------ ------ ------ ------
Net Cash Before Financing 4 0 (51) 0 (69)
Financing
Long-Term Debt Repayment 0 0 0 0 0
Long-Term Borrowing 0 0 0 0 0
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 50 0 50
Short-Term (Net) 0 0 0 0 0
Working Capital and Other (4) 0 1 0 19
------- ------ ------ ------ ------
Total Financing (4) 0 51 0 69
Short-Term Balance 0 0 0 0
MONEY POOL INVESTMENT BALANCE 24 24 23 23
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ------------------------------------------ ------------------------------------------
Projected Maximum Projected
Long-Term Outstanding Maximum Amount
Financing Requested Balance Requested
--------- --------- ------- ---------
<S> <C> <C> <C>
0.1 0.1 0.0 0.0
</TABLE>
<PAGE> 1
Exhibit K-10
Page 1 of 2
COLUMBIA PROPANE CORPORATION
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
------ ------ ------ ------ ----- ------ ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 1,363 1,415 1,273 883 627 605 609 654
Propane Purchased 665 685 644 634 344 313 247 253
Operating Expenses 240 235 235 230 230 230 230 230
------ ------ ------ ------ ------ ------ ------ ------
Net 458 495 394 19 53 62 132 171
Taxes 30 30 30 118 30 118 30 30
Interest 0 126 11 0 2 0 0 107
Capital Expenditures 43 43 43 43 43 43 43 43
Other 57 57 57 57 57 57 57 57
------ ------ ------ ------ ------ ------ ------ ------
Net Cash Before Financing 328 239 253 (199) (79) (156) 2 (66)
Financing
Long-Term Debt Repayment 0 (360) (60) 0 (14) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 (131) 0 0 (130) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 176 (2) 66
Working Capital and Other (328) 121 (62) 199 93 110 0 0
------ ------ ------ ------ ------ ------ ------ ------
Total Financing (328) (239) (253) 199 79 156 (2) 66
Short-Term Balance 0 0 0 0 0 176 174 240
Money Pool Investment Balance 461 340 402 203 110 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
------ ------ ------ ------ --------
<S> <C> <C> <C> <C> <C>
Receipts 758 927 1,001 1,343 11,458
Propane Purchased 358 428 677 477 5,725
Operating Expenses 230 235 235 235 2,795
------ ------ ------ ------ --------
Net 170 264 89 631 2,938
Taxes 118 30 30 118 712
Interest 10 0 2 0 258
Capital Expenditures 43 43 43 39 512
Other 57 57 57 61 688
------ ------ ------ ------ -------
Net Cash Before Financing (58) 134 (43) 413 768
Financing
Long-Term Debt Repayment 0 0 0 0 (434)
Long-Term Borrowing 0 0 0 0 0
Dividends (130) 0 0 (130) (521)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 188 (134) 43 (283) 54
Working Capital and Other 0 0 0 0 133
------ ------ ------ ------ -------
Total Financing 58 (134) 43 (413) (768)
Short-Term Balance 428 294 337 54
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-10
Page 2 of 2
COLUMBIA PROPANE CORPORATION
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- ------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 1,448 1,503 1,352 938 666 643 647 695
Propane Purchased 690 711 668 658 357 325 256 263
Operating Expenses 260 255 255 250 250 250 250 250
------- ------- ------- ------- ------- ------- ------- -------
Net 498 537 429 30 59 68 141 182
Taxes 35 35 35 140 35 140 35 35
Interest 0 108 9 0 2 0 0 89
Capital Expenditures 50 50 50 50 50 50 50 50
Other 64 64 64 64 64 64 64 64
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing 349 280 271 (224) (92) (186) (8) (56)
Financing
Long-Term Debt Repayment 0 (360) (60) 0 (14) 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 (149) 0 0 (149) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (54) 0 0 0 53 335 8 56
Working Capital and Other (295) 80 (62) 224 53 0 0 0
-------- ------- ------- ------ ------ ------- ------ ------
Total Financing (349) (280) (271) 224 92 186 8 56
Short-Term Balance 0 0 0 0 53 388 396 452
MONEY POOL INVESTMENT BALANCE 295 215 277 53 0 0 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C>
Receipts 805 985 1,063 1,428 12,173
Propane Purchased 371 444 702 495 5,940
Operating Expenses 250 255 255 254 3,034
------- ------- ------- ------- -------
Net 184 286 106 679 3,199
Taxes 140 35 35 140 840
Interest 7 0 1 0 216
Capital Expenditures 50 50 50 50 600
Other 64 64 64 62 766
------- ------- ------- ------- -------
Net Cash Before Financing (77) 137 (44) 427 777
Financing
Long-Term Debt Repayment 0 0 0 0 (434)
Long-Term Borrowing 0 0 0 0 0
Dividends (149) 0 0 (148) (595)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 226 (137) 44 (279) 252
Working Capital and Other 0 0 0 0 0
------ ------- ------- ------- --------
Total Financing 77 (137) 44 (427) (777)
Short-Term Balance 678 541 585 306
MONEY POOL INVESTMENT BALANCE 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ----------------------------------------- ----------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
0.0 0.0 2.0 0.7
</TABLE>
<PAGE> 1
Exhibit K-11
Page 1 of 2
COMMONWEALTH PROPANE, INC.
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
-------- -------- -------- -------- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 7,523 7,612 7,001 5,663 4,902 3,899 3,336 3,651
Propane Purchased 2,949 2,689 1,905 925 712 1,978 657 891
Operating Expenses 2,487 2,398 2,394 2,246 1,969 1,912 1,835 1,810
-------- -------- -------- -------- -------- -------- -------- --------
Net 2,087 2,525 2,702 2,492 2,221 9 844 950
Taxes 124 124 124 394 123 393 123 123
Interest 0 286 36 0 0 0 133 101
Capital Expenditures 234 234 234 234 233 233 233 233
Other 986 986 886 886 787 787 787 787
-------- -------- -------- -------- -------- -------- -------- ---------
Net Cash Before Financing 743 895 1,422 978 1,078 (1,404) (432) (294)
Financing
Long-Term Debt Repayment (407) (333) (100) 0 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 (532) 0 0 (532) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (336) (562) (781) 0 0 0 303 294
Working Capital and Other 0 0 (9) (978) (1,078) 1,936 129 0
--------- --------- --------- -------- -------- -------- -------- ---------
Total Financing (743) (895) (1,422) (978) (1,078) 1,404 432 294
Short-Term Balance 1,343 781 0 0 0 0 303 597
Money Pool Investment Balance 0 0 9 987 2,065 129 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
-------- --------- -------- -------- ---------
<S> <C> <C> <C> <C> <C>
Receipts 4,054 4,867 5,967 6,165 64,640
Propane Purchased 2,300 1,724 2,700 2,565 21,995
Operating Expenses 1,816 2,048 2,195 2,323 25,433
------ ------ ------ ------ -------
Net (62) 1,095 1,072 1,277 17,212
Taxes 393 123 123 392 2,559
Interest 113 0 0 0 669
Capital Expenditures 233 233 233 233 2,800
Other 787 887 888 888 10,342
------ ------ ------ ------ -------
Net Cash Before Financing (1,588) (148) (172) (236) 842
Financing
Long-Term Debt Repayment 0 0 0 0 (840)
Long-Term Borrowing 2,200 0 0 0 2,200
Dividends (532) 0 0 (532) (2,128)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) (80) 148 172 768 (74)
Working Capital and Other 0 0 0 0 0
------ ------ ------ ------ -------
Total Financing 1,588 148 172 236 (842)
Short-Term Balance 517 665 837 1,605
Money Pool Investment Balance 0 0 0 0
</TABLE>
<PAGE> 2
Exhibit K-11
Page 2 of 2
COMMONWEALTH PROPANE, INC.
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
------ ------- ------- ------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 7,764 7,856 7,225 5,844 5,059 4,024 3,443 3,768
Propane Purchased 2,979 2,717 1,925 935 719 1,998 664 900
Operating Expenses 2,675 2,579 2,573 2,413 2,111 2,048 1,965 1,937
------ ------ ------ ----- ------ ------ ------ ------
Net 2,110 2,560 2,727 2,496 2,229 (22) 814 931
Taxes 135 135 135 451 135 451 135 135
Interest 0 246 109 0 0 0 112 87
Capital Expenditures 256 256 256 256 255 255 255 255
Other 913 913 817 817 722 722 722 722
------ ------ ------ ----- ------ ------ ------ ------
Net Cash Before Financing 806 1,010 1,410 972 1,117 (1,450) (410) (268)
Financing
Long-Term Debt Repayment (407) (333) (100) (73) 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 (609) 0 0 (609) 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) (399) (677) (529) 0 0 0 281 268
Working Capital and Other 0 0 (172) (899) (1,117) 2,059 129 0
------ ------ ------- ------ ------- ------ ------ ------
Total Financing (806) (1,010) (1,410) (972) (1,117) 1,450 410 268
Short-Term Balance 1,206 529 0 0 0 0 281 549
Money Pool Investment Balance 0 0 172 1,071 2,188 129 0 0
</TABLE>
<TABLE>
<CAPTION>
Sep. Oct. Nov. Dec. Total
------- ------- ------- ------- -----
<S> <C> <C> <C> <C> <C>
Receipts 4,184 5,023 6,158 6,360 66,708
Propane Purchased 2,324 1,742 2,728 2,591 22,222
Operating Expenses 1,944 2,195 2,354 2,494 27,288
------ ------ ------ ------ -------
Net (84) 1,086 1,076 1,275 17,198
Taxes 450 135 136 451 2,884
Interest 147 0 0 0 701
Capital Expenditures 255 255 255 256 3,065
Other 722 818 819 816 9,523
------ ------ ------ ------ -------
Net Cash Before Financing (1,658) (122) (134) (248) 1,025
Financing
Long-Term Debt Repayment 0 0 0 0 (913)
Long-Term Borrowing 2,300 0 0 0 2,300
Dividends (609) 0 0 (608) (2,435)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) (33) 122 134 856 23
Working Capital and Other 0 0 0 0 0
------ ------ ------ ------ -------
Total Financing 1,658 122 134 248 (1,025)
Short-Term Balance 516 638 772 1,628
Money Pool Investment Balance 0 0 0 0
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ------------------------------------------- ------------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- ------------- --------------- ------------
<S> <C> <C> <C>
4.5 4.5 4.0 1.6
</TABLE>
<PAGE> 1
Exhibit K-12
Page 1 of 2
COLUMBIA GAS SYSTEM SERVICE CORPORATION
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
---------- --------- --------- --------- -------- --------- --------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 24,365 24,998 25,964 26,038 25,188 25,100 25,323 24,986
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 23,901 24,397 24,881 24,590 23,741 23,656 23,775 23,538
------- ------- ------- ------- ------- ------- ------- -------
Net 464 601 1,083 1,448 1,447 1,444 1,548 1,448
Taxes 150 150 702 150 150 702 150 150
Interest 150 243 29 554 35 12 137 211
Capital Expenditures 333 333 333 333 333 333 333 333
Other 600 600 600 600 600 600 600 600
------- ------- ------- ------- ------- ------- ------- -------
Net Cash Before Financing (769) (725) (581) (189) 329 (203) 328 154
Financing
Long-Term Debt Repayment (233) (586) (39) (1,040) (221) 0 0 0
Long-Term Borrowing 4,000 0 0 0 0 0 0 0
Dividends 0 (562) 0 0 (562) 0 0 (562)
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other (2,998) 1,873 620 1,229 454 203 (328) 408
-------- ------- ------- ------- ------- ------- -------- -------
Total Financing 769 725 581 189 (329) 203 (328) (154)
Short-Term Balance (1) 0 0 0 0 0 0 0 0
Money Pool Investment Balance 5,598 3,725 3,105 1,876 1,422 1,219 1,547 1,139
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
-------- --------- -------- -------- ----------
<S> <C> <C> <C> <C> <C>
Receipts 24,988 23,996 24,198 25,036 300,180
Gas Purchased 0 0 0 0 0
Operating Expenses 23,543 22,045 22,251 22,498 282,816
------- ------- ------- ------- -------
Net 1,445 1,951 1,947 2,538 17,364
Taxes 702 150 150 702 4,008
Interest 26 513 26 12 1,948
Capital Expenditures 333 333 333 337 4,000
Other 600 600 600 600 7,200
------- ------- ------- ------- -------
Net Cash Before Financing (216) 355 838 887 208
Financing
Long-Term Debt Repayment 0 0 0 0 (2,119)
Long-Term Borrowing 0 0 0 0 4,000
Dividends 0 0 (564) 0 (2,250)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other 216 (355) (274) (887) 161
------- -------- -------- -------- -------
Total Financing 216 (355) (838) (887) (208)
Short-Term Balance (1) 0 0 0 0
Money Pool Investment Balance 923 1,278 1,552 2,439
</TABLE>
(1) The maximum short-term requirement, $10,000,000, is intra-month and
reflects the build-up of inter-company accounts receivable and convenience
payments of employee benefits for affiliates. The month-end balances
are not representative of these requirements because reimbursement occurs
mid-month. Through the first nine months of calendar year 1994, Columbia
Gas System Service Corporation experienced an intra-month maximum
borrowing need of over $6,000,000.
<PAGE> 2
Exhibit K-12
Page 2 of 2
COLUMBIA GAS SYSTEM SERVICE CORPORATION
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
--------- --------- --------- --------- -------- --------- --------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 24,591 25,222 26,188 26,265 25,413 25,324 25,549 25,212
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 23,991 24,487 24,970 24,680 23,831 23,745 23,864 23,627
------ ------ ------ ------ ------ ------ ------ ------
Net 600 735 1,218 1,585 1,582 1,579 1,685 1,585
Taxes 150 150 702 150 150 702 150 150
Interest 150 243 29 554 35 12 137 211
Capital Expenditures 333 333 333 333 333 333 333 333
Other 600 600 600 600 600 600 600 600
-------- ------- -------- -------- --------- -------- -------- --------
Net Cash Before Financing (633) (591) (446) (52) 464 (68) 465 291
Financing
Long-Term Debt Repayment (233) (586) (39) (1,040) (221) 0 0 0
Long-Term Borrowing 4,000 0 0 0 0 0 0 0
Dividends 0 (562) 0 0 (562) 0 0 (562)
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other (3,134) 1,739 485 1,092 319 68 (465) 271
------- ------ ------- ------- --------- -------- --------- --------
Total Financing 633 591 446 52 (464) 68 (465) (291)
Short-Term Balance (1) 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 5,573 3,834 3,349 2,257 1,938 1,870 2,335 2,064
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
-------- --------- -------- -------- ----------
<S> <C> <C> <C> <C> <C>
Receipts 25,212 24,221 24,847 25,551 303,595
Gas Purchased 0 0 0 0 0
Operating Expenses 23,633 22,134 22,766 22,859 284,587
------- ------- ------- ------- --------
Net 1,579 2,087 2,081 2,692 19,008
Taxes 702 150 150 702 4,008
Interest 26 513 26 12 1,948
Capital Expenditures 333 333 333 337 4,000
Other 600 600 600 600 7,200
------- ------- ------- ------- --------
Net Cash Before Financing (82) 491 972 1,041 1,852
Financing
Long-Term Debt Repayment 0 0 0 0 (2,119)
Long-Term Borrowing 0 0 0 0 4,000
Dividends 0 0 (564) 0 (2,250)
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other 82 (491) (408) (1,041) (1,483)
------- -------- -------- -------- ---------
Total Financing 82 (491) (972) (1,041) (1,852)
Short-Term Balance (1) 0 0 0 0
MONEY POOL INVESTMENT BALANCE 1,982 2,473 2,881 3,922
</TABLE>
(1) The maximum short-term requirement, $10,000,000, is intra-month and
reflects the build-up of inter-company accounts receivable and convenience
payments of employee benefits for affiliates. The month-end balances are
not representative of these requirements because reimbursement occurs
mid-month. Through the first nine months of calendar year 1994, Columbia
Gas System Service Corporation experienced an intra-month maximum
borrowing need of over $6,000,000.
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ---------------------------------------- ------------------------------------------
Projected Maximum Projected
Amount Long-Term Outstanding Maximum
Requested Financing Requested Balance
--------- --------- --------- -------
<S> <C> <C> <C>
15.0 8.0 10.0 0.0
</TABLE>
<PAGE> 1
Exhibit K-13
Page 1 of 2
COLUMBIA COAL GASIFICATION CORPORATION
CASH FORECAST FOR 1995
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
------ ------ ------ ----- ----- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 223 274 318 448 239 235 284 258
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 39 35 37 34 36 38 36 37
------ ------- ------- ------- ------ ------ ----- -----
Net 184 239 281 414 203 197 248 221
Taxes 3 573 18 105 3 107 5 572
Interest 391 0 367 21 0 0 0 0
Capital Expenditures 0 0 0 0 0 0 0 0
Other 86 95 96 88 86 83 86 92
----- ------ ------- ------- ------ ------ ------ ------
Net Cash Before Financing (296) (429) (200) 200 114 7 157 (443)
Financing
Long-Term Debt Repayment 0 0 0 (50) 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other 296 429 200 (150) (114) (7) (157) 443
----- ----- ----- ------- ------ -------- ------ -----
Total Financing 296 429 200 (200) (114) (7) (157) 443
Short-Term Balance 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 1,751 1,322 1,122 1,272 1,386 1,393 1,550 1,107
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
----- ----- ----- ----- -------
<S> <C> <C> <C> <C> <C>
Receipts 265 479 264 267 3,554
Gas Purchased 0 0 0 0 0
Operating Expenses 37 37 36 37 439
----- ----- ----- ----- ------
Net 228 442 228 230 3,115
Taxes 104 4 3 104 1,601
Interest 183 13 0 0 975
Capital Expenditures 0 0 0 25 25
Other 88 90 85 88 1,063
------ ------ ------ ----- -----
Net Cash Before Financing (147) 335 140 13 (549)
Financing
Long-Term Debt Repayment 0 0 0 0 (50)
Long-Term Borrowing 0 0 0 0 0
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other 147 (335) (140) (13) 599
----- ------ ------ ------- -----
Total Financing 147 (335) (140) (13) 549
Short-Term Balance 0 0 0 0
MONEY POOL INVESTMENT BALANCE 960 1,295 1,435 1,448
</TABLE>
<PAGE> 2
Exhibit K-13
Page 2 of 2
COLUMBIA COAL GASIFICATION CORPORATION
CASH FORECAST FOR 1996
(000)
<TABLE>
<CAPTION>
Jan. Feb. Mar. Apr May Jun Jul Aug
------ ------ ------ ----- ----- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Receipts 451 446 471 647 440 443 456 444
Gas Purchased 0 0 0 0 0 0 0 0
Operating Expenses 44 42 43 42 44 44 40 43
---- ---- ---- ---- ---- ---- ---- ----
Net 407 404 428 605 396 399 416 401
Taxes 4 573 406 238 4 240 3 574
Interest 0 0 94 100 0 0 0 0
Capital Expenditures 0 0 0 0 0 0 0 0
Other 156 138 140 139 138 140 139 139
---- ---- ---- ---- ---- ---- ---- ----
Net Cash Before Financing 247 (307) (212) 128 254 19 274 (312)
Financing
Long-Term Debt Repayment 0 0 (1,020) (50) 0 0 0 0
Long-Term Borrowing 0 0 0 0 0 0 0 0
Dividends 0 0 0 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0 0 0 0
Working Capital and Other (247) 307 1,232 (78) (254) (19) (274) 312
------ ---- ----- ------ ------ ------ ------ -----
Total Financing (247) 307 212 (128) (254) (19) (274) 312
Short-Term Balance 0 0 0 0 0 0 0 0
MONEY POOL INVESTMENT BALANCE 1,695 1,388 156 234 488 507 781 469
</TABLE>
<TABLE>
<CAPTION>
Sep Oct Nov Dec Total
----- ----- ----- ----- -------
<S> <C> <C> <C> <C> <C>
Receipts 437 649 444 448 5,776
Gas Purchased 0 0 0 0 0
Operating Expenses 41 42 39 42 506
----- ----- ----- ----- ------
Net 396 607 405 406 5,270
Taxes 238 5 4 239 2,528
Interest 135 12 0 0 341
Capital Expenditures 0 0 0 25 25
Other 143 142 141 144 1,699
---- ---- ---- ---- -----
Net Cash Before Financing (120) 448 260 (2) 677
Financing
Long-Term Debt Repayment 0 0 0 0 (1,070)
Long-Term Borrowing 0 0 0 0 0
Dividends 0 0 0 0 0
Common Stock Issuance 0 0 0 0 0
Short-Term (Net) 0 0 0 0 0
Working Capital and Other 120 (448) (260) 2 393
----- ------ ------ ------- -------
Total Financing 120 (448) (260) 2 (677)
Short-Term Balance 0 0 0 0
MONEY POOL INVESTMENT BALANCE 349 797 1,057 1,055
</TABLE>
SUMMARY
Period 1/01/95 Through 12/31/96
(Millions of $'s)
<TABLE>
<CAPTION>
Long-Term Financing Short-Term Financing
- ------------------------------------------- -------------------------------------------
Projected Maximum
Amount Long-Term Outstanding Projected
Requested Financing Requested Maximum
--------- --------- ---------
<S> <C> <C> <C>
0.0 0.0 2.0 0.0
</TABLE>
|
|