<PAGE> 1
February 14, 1996
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
Interim Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
Columbia Energy Services Corporation
20 Montchanin Road
Wilmington, DE 19807
File No. 70-8145
Gentlemen:
In compliance with the terms and conditions of Rule 24 under the
Public Utility Holding Company Act of 1935, the Order of the Commission dated
April 22, 1993, authorizing the financing transactions and business activities
as more fully described in the Joint Application/Declaration, as amended (the
"Application"), the undersigned hereby certifies to the Commission that the
income statement and balance sheet filed with this interim report reflect the
results of operations of Columbia Energy Services, Inc. ("CES") for the
calendar quarter from October 1, 1995 to December 31, 1995.
Very truly yours,
COLUMBIA ENERGY SERVICES CORPORATION
By: /s/ L. J. Bainter
----------------------------------
L. J. Bainter, Vice President
<PAGE> 2
Page 1 of 2
Columbia Energy Services Corporation
Balance Sheet
As of December 31, 1995
($000)
<TABLE>
<S> <C>
ASSETS
Property, Plant and Equipment
Gas utility and other plant, at original cost .... 1,343
Accumulated depreciation and depletion ........... (264)
------------
Net Property, Plant and Equipment .................. 1,079
------------
Current Assets
Cash and temporary cash investments .............. -
Accounts receivable, net
Customers ...................................... 36,008
Intercompany ................................... 7,100
Other .......................................... 111
Prepayments ...................................... 2,675
Other ............................................ 337
------------
Total Current Assets ............................... 46,231
------------
Deferred Charges ................................... 102
------------
TOTAL ASSETS ....................................... 47,412
============
</TABLE>
<PAGE> 3
Page 2 of 2
Columbia Energy Services Corporation
Balance Sheet
As of December 31, 1995
($000)
<TABLE>
<S> <C>
CAPITALIZATION AND LIABILITIES
Capitalization
Common Stock Equity
Common stock, $10 par value (417,157 shares
outstanding) ................................... 4,172
Additional paid-in capital ..................... 1,361
Retained earnings .............................. 7,382
------------
Total common stock equity ........................ 12,915
Long-term debt ................................... -
------------
Total Capitalization ............................... 12,915
------------
Current Liabilities
Accounts and drafts payable ...................... 27,373
Intercompany accounts payable .................... 6,643
Accrued taxes .................................... 408
Accrued interest ................................. 5
Other ............................................ 517
------------
Total Current Liabilities .......................... 34,946
------------
Other Liabilities and Deferred Credits
Income taxes, noncurrent ......................... 896
Investment tax credits ........................... -
Postretirement benefits other than pensions ...... 51
Other ............................................ (1,396)
------------
Total Other Liabilities and Deferred Credits ....... (449)
------------
TOTAL CAPITALIZATION AND LIABILITIES ............... 47,412
============
</TABLE>
<PAGE> 4
Columbia Energy Services Corporation
Income Statement
Quarter Ending December 31, 1995
($000)
<TABLE>
<S> <C>
Operating Revenues ................................. 69,853
Operating Expenses
Products purchased ............................... 67,594
Operation ........................................ 1,161
Depreciation and depletion ....................... 69
Other taxes ...................................... 60
------------
Total Operating Expenses ........................... 68,884
------------
Operating Income ................................... 969
------------
Other Income (Deductions)
Interest income and other, net ................... 93
Interest expense and related charges ............. 126
------------
Total Other Income (Deductions) .................... 219
------------
Income Before Income Taxes ......................... 1,188
Income Taxes ....................................... 960
------------
Net Income ......................................... 228
============
</TABLE>
