<PAGE> 1
PAGE 1
Form U-13-60
Mutual and Subsidiary Service Companies
Revised February 7, 1980
ANNUAL REPORT
For the Period
Beginning January 1, 1994 and Ending December 31, 1994
----------------- -------------------
To The
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
COLUMBIA GAS SYSTEM SERVICE CORPORATION
- --------------------------------------------------------------------------------
(Exact Name of Reporting Company)
A Subsidiary Service Company
-----------------------
("Mutual" or "Subsidiary")
Date of Incorporation December 31, 1932
-----------------
State or Sovereign Power under which Incorporated or Organized Delaware
-------------
Location of Principal Executive Offices of Reporting Company:
20 Montchanin Road, Wilmington, Delaware 19807
DONATO FURLANO, CONTROLLER
1600 Dublin Road
Columbus, Ohio 43215
- --------------------------------------------------------------------------------
(Name, title and address of officer to whom correspondence concerning
this report should be addressed)
THE COLUMBIA GAS SYSTEM, INC.
- --------------------------------------------------------------------------------
(Name of Principal Holding Company whose Subsidiaries are served by
Reporting Company)
<PAGE> 2
PAGE 2
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 on 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 (Section 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, Section 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.
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> 3
PAGE 3
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
- ------------------------------------------------------------------------------------------------------------
Schedule or
Account Page
Description of Schedules and Accounts Number Number
- ------------------------------------------------------- ----------- ------
<S> <C> <C>
COMPARATIVE BALANCE SHEET .............................. Schedule I 5-6
SERVICE COMPANY PROPERTY ........................... Schedule II 7-8
ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY ........ Schedule III 9
INVESTMENTS ........................................ Schedule IV 10
ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES ....... Schedule V 11-12
FUEL STOCK EXPENSES UNDISTRIBUTED .................. Schedule VI 13
STORES EXPENSE UNDISTRIBUTED ....................... Schedule VII 14
MISCELLANEOUS CURRENT AND ACCRUED ASSETS ........... Schedule VIII 15
MISCELLANEOUS DEFERRED DEBITS ...................... Schedule IX 16
RESEARCH, DEVELOPMENT, OR DEMONSTRATION EXPENDITURES Schedule X 17
PROPRIETARY CAPITAL ................................ Schedule XI 18
LONG-TERM DEBT ..................................... Schedule XII 19
CURRENT AND ACCRUED LIABILITIES .................... Schedule XIII 20-21
NOTES TO FINANCIAL STATEMENTS ...................... Schedule XIV 22-23
COMPARATIVE INCOME STATEMENT ........................... Schedule XV 24
ANALYSIS OF BILLING - ASSOCIATE COMPANIES .......... Account 457 25
ANALYSIS OF BILLING - NONASSOCIATIVE COMPANIES ..... Account 458 26
ANALYSIS OF CHARGES FOR SERVICE - ASSOCIATE AND
NONASSOCIATE COMPANIES ........................... Schedule XVI 27
SCHEDULE OF EXPENSE BY DEPARTMENT OR SERVICE
FUNCTION ......................................... Schedule XVII 28-29
DEPARTMENTAL ANALYSIS OF SALARIES .................. Account 920 30
OUTSIDE SERVICES EMPLOYED .......................... Account 923 31-33
EMPLOYEE PENSIONS AND BENEFITS ..................... Account 926 34
GENERAL ADVERTISING EXPENSES ....................... Account 930.1 35
MISCELLANEOUS GENERAL EXPENSES ..................... Account 930.2 36
RENTS .............................................. Account 931 37
TAXES OTHER THAN INCOME TAXES ...................... Account 408 38
DONATIONS .......................................... Account 426.1 39
OTHER DEDUCTIONS ................................... Account 426.5 40
NOTES TO STATEMENT OF INCOME ....................... Schedule XVIII 41
- ------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
PAGE 4
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
LISTING OF INSTRUCTIONAL FILING REQUIREMENTS
- -------------------------------------------------------------------------------------------------------------
Page
Description of Reports or Statements Number
- --------------------------------------------------------------------- ------
<S> <C>
ORGANIZATION CHART .................................................. 42
METHODS OF ALLOCATION ............................................... 43
ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED .......... 44-45
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 5
PAGE 5
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
1994
- -------------------------------------------------------------------------------------------------------------
SCHEDULE I - COMPARATIVE BALANCE SHEET
Give balance sheet of the Company as of December 31 of the
current and prior year
- -------------------------------------------------------------------------------------------------------------
ACCOUNT ASSETS AND OTHER DEBITS AS OF DECEMBER 31
- ------- -------------------------------------------------- ---------------------
CURRENT PRIOR
------- -------
$000 $000
<S> <C> <C>
SERVICE COMPANY PROPERTY
101 Service company property (Schedule II) ......... 51,596 42,776
107 Construction work in progress (Schedule II) .... - -
------- -------
Total Property ............................ 51,596 42,776
------- -------
108 Less accumulated provision for depreciation and
amortization of service company property
(Schedule III) ................................ 22,150 18,869
------- -------
Net Service Company Property .............. 29,446 23,907
------- -------
INVESTMENTS
123 Investments in associate companies (Schedule IV) - -
124 Other investments (Schedule IV) ................ - -
------- -------
Total Investments ......................... - -
------- -------
CURRENT AND ACCRUED ASSETS
131 Cash ........................................... 66 16
134 Special deposits ............................... 170 190
135 Working funds .................................. 27 28
136 Temporary cash investments (Schedule IV) ....... - -
141 Notes receivable ............................... - 6
143 Accounts receivable ............................ 630 950
144 Accumulated provision for uncollectible accounts - -
146 Accounts receivable from associate companies
(Schedule V) .................................. 7,549 16,304
152 Fuel stock expenses undistributed (Schedule VI). - -
154 Materials and supplies ......................... - -
163 Stores expense undistributed (Schedule VII) .... - -
165 Prepayments .................................... 480 622
174 Miscellaneous current and accrued assets
(Schedule VIII) ............................... - -
------- -------
Total Current and Accrued Assets .......... 8,922 18,116
------- -------
DEFERRED DEBITS
181 Unamortized debt expense ....................... - -
184 Clearing accounts .............................. 4,874 10,214
186 Miscellaneous deferred debits (Schedule IX) .... 16,239 14,167
188 Research, development, or demonstration
expenditures (Schedule X) ..................... - -
190 Accumulated deferred income taxes .............. 1,835 2,233
------- -------
Total Deferred Debits ..................... 22,948 26,614
------- -------
TOTAL ASSETS AND OTHER DEBITS ............. 61,316 68,637
======= =======
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
PAGE 6
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
- --------------------------------------------------------------------------------------------------------------
SCHEDULE I- COMPARATIVE BALANCE SHEET
- --------------------------------------------------------------------------------------------------------------
ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL AS OF DECEMBER 31
- ------- ------------------------------------------------- ---------------------
CURRENT PRIOR
------- -------
$000 $000
<S> <C> <C> <C>
PROPRIETARY CAPITAL
201 Common stock issued (Schedule XI) ................. 13,000 13,000
211 Miscellaneous paid-in-capital (Schedule XI) ....... - -
215 Appropriated retained earnings (Schedule XI) ...... - -
216 Unappropriated retained earnings (Schedule XI)..... 179 156
------- -------
Total Proprietary Capital .................. 13,179 13,156
------- -------
LONG-TERM DEBT
223 Advances from associate companies (Schedule XII) 16,121 18,240
224 Other long-term debt (Schedule XII) ............... - -
225 Unamortized premium on long-term debt ............. - -
226 Unamortized discount on long-term debt-debit ...... - -
------- --------
Total Long-Term Debt ....................... 16,121 18,240
------- --------
CURRENT AND ACCRUED LIABILITIES
231 Notes payable ..................................... - -
232 Accounts payable .................................. 2,230 1,630
233 Notes payable to associate companies (Schedule
XIII) ............................................ 2,119 1,613
234 Accounts payable to associate companies
(Schedule XIII) .................................. 706 2,597
236 Taxes accrued ..................................... 304 396
237 Interest accrued .................................. 651 741
238 Dividends declared ................................ - -
241 Tax collections payable ........................... 11 -
242 Miscellaneous current and accrued liabilities
(Schedule XIII) .................................. 8,046 11,685
------- --------
Total Current and Accrued Liabilities ...... 14,067 18,662
------- --------
DEFERRED CREDITS
253 Other deferred credits ............................ 15,084 14,414
255 Accumulated deferred investment tax credits ....... - -
------- -------
Total Deferred Credits ..................... 15,084 14,414
------- -------
282 ACCUMULATED DEFERRED INCOME TAXES .................... 2,865 4,165
------- -------
TOTAL LIABILITIES AND PROPRIETARY CAPITAL .. 61,316 68,637
======= =======
- --------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
PAGE 7
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- ----------------------------------------------------------------------------------------------------------------
SCHEDULE II - SERVICE COMPANY PROPERTY
- ----------------------------------------------------------------------------------------------------------------
BALANCE BALANCE
AT AT
BEGINNING RETIREMENTS OTHER CLOSE
DESCRIPTION OF YEAR ADDITIONS OR SALES CHANGES (1) OF YEAR
- ----------------------------- --------- --------- ----------- ----------- -------
$000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C>
SERVICE COMPANY PROPERTY
Account:
301 ORGANIZATION.......... - - - - -
303 MISCELLANEOUS
INTANGIBLE PLANT .... - - - - -
304 LAND AND LAND RIGHTS.. 720 - - - 720
305 STRUCTURES AND
IMPROVEMENTS ........ 21,507 322 (2) - 21,827
306 LEASEHOLD IMPROVEMENTS - - - - -
307 EQUIPMENT (2) ........ 15,336 8,895 (1,493) - 22,738
308 OFFICE FURNITURE AND
EQUIPMENT ........... 3,885 1,184 (86) - 4,983
309 AUTOMOBILES, OTHER
VEHICLES AND RELATED
GARAGE EQUIPMENT .... - - - - -
310 AIRCRAFT AND AIRPORT
EQUIPMENT ........... 248 - - - 248
311 OTHER SERVICE COMPANY
PROPERTY (3) ........ 1,080 - - - 1,080
------ --------- ----------- ---------- -------
SUB-TOTAL .... 42,776 10,401 (1,581) - 51,596
107 CONSTRUCTION WORK IN
PROGRESS (4) ........ - - - - -
------ --------- ----------- ---------- -------
TOTAL ........ 42,776 10,401 (1,581) - 51,596
====== ========= =========== ========== =======
</TABLE>
(1) PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
NOT APPLICABLE
- --------------------------------------------------------------------------------
<PAGE> 8
PAGE 8
SCHEDULE II - CONTINUED
- -------------------------------------------------------------------------------
(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:
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
BALANCE AT
CLOSE OF
SUBACCOUNT DESCRIPTION ADDITIONS YEAR
- ------------------------------------------------------------ --------- ----------
$000 $000
<S> <C> <C> <C>
307-1 Communications Test Equipment .................... 0 1,319
307-2 Communications Management Center ................. 626 2,599
307-3 Data Processing Equipment ........................ 8,244 14,500
307-4 Stationery Equipment ............................. 25 1,647
307-5 Research & Laboratory Equipment .................. 0 645
307-9 Personal Computer and Peripheral Equipment ....... 0 1,688
307-10 Distribution Research Equipment .................. 0 340
-------- ---------
TOTAL ..................................... 8,895 22,738
- -------------------------------------------------------------------------------------------------------------
</TABLE>
(3) DESCRIBE OTHER SERVICE COMPANY PROPERTY:
Costs incurred in the internal development of the Employee Accounting
System Interface, Labor Distribution System, and Intercompany Billing
software.
- --------------------------------------------------------------------------------
(4) DESCRIBE CONSTRUCTION WORK IN PROGRESS:
Not Applicable
- --------------------------------------------------------------------------------
<PAGE> 9
PAGE 9
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------
SCHEDULE III
ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY
- ----------------------------------------------------------------------------------------------------------------
ADDITIONS
BALANCE CHARGED OTHER BALANCE
AT TO CHANGES AT
BEGINNING ACCOUNT ADD CLOSE
DESCRIPTION OF YEAR 403 RETIREMENTS (DEDUCT)(1) OF YEAR
- ----------------------------- --------- --------- ----------- ----------- -------
$000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C> <C>
ACCOUNT
301 ORGANIZATION ............. - - - - -
303 MISCELLANEOUS INTANGIBLE
PLANT ................... - - - - -
304 LAND AND LAND RIGHTS ..... - - - - -
305 STRUCTURES AND
IMPROVEMENTS ............ 7,061 433 - - 7,494
306 LEASEHOLD IMPROVEMENTS ... - - - - -
307 EQUIPMENT ................ 8,948 3,879 1,469 - 11,358
308 OFFICE FURNITURE AND
FIXTURES ................ 1,903 308 86 - 2,125
309 AUTOMOBILES, OTHER
VEHICLES AND RELATED
GARAGE EQUIPMENT ........ - - - - -
310 AIRCRAFT AND AIRPORT
EQUIPMENT ............... 248 - - - 248
311 OTHER SERVICE COMPANY
PROPERTY ................ 709 216 - - 925
-------- ------- ----------- ---------- ------
TOTAL ............ 18,869 4,836 1,555 - 22,150
======== ======== =========== ========== ======
</TABLE>
(1) PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
NOT APPLICABLE
- --------------------------------------------------------------------------------
<PAGE> 10
PAGE 10
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -------------------------------------------------------- --------- ----------
$000 $000
<S> <C> <C>
ACCOUNT 123 - INVESTMENT IN ASSOCIATE COMPANIES ........ None None
ACCOUNT 124 - OTHER INVESTMENTS ........................ None None
ACCOUNT 136 - TEMPORARY CASH INVESTMENTS .............. None None
--------- ----------
TOTAL .......................................... None None
========= ==========
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 11
PAGE 11
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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>
- --------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -------------------------------------------------------- --------- -----------
$000 $000
<S> <C> <C>
ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES
Columbia Gas System Money Pool ......................... 12,017 3,471
The Columbia Gas System, Inc............................ 730 691
Columbia Gas Development Corporation ................... 25 2
Columbia Gulf Transmission Company ..................... 16 6
Columbia Energy Services................................ - 5
Columbia Propane Corporation ........................... 1 -
TriStar Ventures Corporation ........................... 1 35
Columbia LNG Corporation ............................... 5 3
Columbia Coal Gasification Corporation ................. 7 -
Columbia Gas of Kentucky, Inc. ......................... 57 16
Columbia Gas of Ohio, Inc. ............................. 831 476
Columbia Gas of Maryland, Inc. ......................... 8 (53)
Columbia Gas of Pennsylvania, Inc. ..................... (3) 54
Commonwealth Gas Services, Inc. ........................ 32 32
Commonwealth Propane, Inc. ............................. 49 12
Columbia Transmission Investment Company ............... 8 -
TriStar Capital Corporation ............................ - -
Columbia Gas Transmission Corporation .................. 2,503 2,794
Columbia Natural Resources, Inc. ....................... 17 5
------- ---------
TOTAL ........................................ 16,304 7,549
- --------------------------------------------------------------------------------------------------------------
ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS:
</TABLE>
<TABLE>
<CAPTION>
TOTAL
PAYMENTS
----------
$000
<S> <C>
See Schedule V-A, page 12
Total Payment .......................................... 191,424
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
On July 31, 1991, The Columbia Gas System, Inc. (CG) and Columbia Gas
Transmission Corporation (TCO) filed separate petitions in Delaware seeking
protection under Chapter 11 of the Federal Bankruptcy Code. The balances
subject to Chapter 11 proceedings, reflected as Accounts Receivable, from CG
and TCO as of December 31, 1994 are $702,000 and $2,887,000 respectively net of
offsets of $0 and $579,000 respectively.
<PAGE> 12
PAGE 12
SCHEDULE V-A
COLUMBIA GAS SYSTEM SERVICE CORPORATION
Convenience & Accommodation Payments
For the Year Ended December 31, 1994
<TABLE>
<CAPTION>
Employee Employee Corporate PH&H
Associate Company Benefits Payroll Insurance Leases Other Total
- ----------------------------------------- -------- -------- --------- ------ ------ -------
<S> <C> <C> <C> <C> <C> <C>
The Columbia Gas System, Inc............. 682 0 508 0 537 1,727
Columbia Gas Development Corporation..... 2,347 12,114 2,179 30 469 17,139
Columbia Gulf Transmission Company....... 7,674 0 3,857 525 435 12,491
Columbia Energy Services................. 267 1,848 121 7 228 2,471
Columbia Propane Corporation............. 299 1,216 95 164 18 1,792
TriStar Ventures Corporation............. 156 1,093 30 0 210 1,489
Columbia LNG Corporation................. 240 1,019 440 8 318 2,025
Columbia Coal Gasification Corporation... 52 194 27 7 28 308
Columbia Gas of Kentucky, Inc............ 2,642 0 620 510 48 3,820
Columbia Gas of Ohio, Inc................ 25,161 0 2,876 4,265 3,634 35,936
Columbia Gas of Maryland, Inc............ 1,115 0 159 190 171 1,635
Columbia Gas of Pennsylvania, Inc........ 8,746 0 1,480 1,994 330 12,550
Commonwealth Gas Services, Inc........... 5,344 0 512 876 108 6,840
Commonwealth Propane, Inc................ 2,091 10,608 480 1,002 38 14,219
Columbia Transmission Investment Company. 0 0 32 0 12 44
TriStar Trading, Inc..................... 0 0 4 0 0 4
TriStar Capital Corporation.............. 0 0 8 0 501 509
Columbia Gas Transmission Corporation.... 37,631 0 5,110 5,680 3,942 52,363
Columbia Atlantic Trading, Inc........... 0 0 14 0 0 14
Columbia Natural Resources, Inc.......... 3,693 18,125 657 1,456 117 24,048
-------- -------- -------- --------- ------ -------
Total................................ 98,140 46,217 19,209 16,714 11,135 191,424
======== ======== ======== ========= ====== =======
</TABLE>
<PAGE> 13
PAGE 13
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE VI - FUEL STOCK EXPENSES UNDISTRIBUTED
- --------------------------------------------------------------------------------
INSTRUCTIONS: Report the amount of labor and expenses incurred with
respect to fuel stock expenses during the year and
indicate amount attributable to each associate company.
Under the section headed "Summary" listed below give an
overall report of the fuel functions performed by the
service company.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
DESCRIPTION LABOR EXPENSES TOTAL
- ------------------------------------------------------ ----- -------- -----
$000 $000 $000
<S> <C> <C> <C>
ACCOUNT 152 - FUEL STOCK EXPENSES UNDISTRIBUTED ...... None None None
---- ------ -----
TOTAL ....................................... None None None
- -----------------------------------------------------------------------------------------------------------------
SUMMARY:
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 14
PAGE 14
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
DESCRIPTION LABOR EXPENSES TOTAL
- ------------------------------------------------------ ----- -------- -----
$000 $000 $000
<S> <C> <C> <C>
ACCOUNT 163 - STORES EXPENSES UNDISTRIBUTED .......... None None None
----- ----- ----
TOTAL ....................................... None None None
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 15
PAGE 15
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -------------------------------------------------------- --------- ----------
$000 $000
<S> <C> <C>
ACCOUNT 174 - MISCELLANEOUS CURRENT AND ACCRUED ASSETS.. None None
--------- ---------
TOTAL ........................................ None None
- -----------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 16
PAGE 16
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE IX - MISCELLANEOUS DEFERRED DEBITS
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide detail of items in this account. Items less than
$10,000 may be grouped by class showing the number of
items in each class.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -------------------------------------------------------- --------- ----------
$000 $000
<S> <C> <C>
ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS
Other Post Retirement Employee Benefits................. 12,990 15,035
Intangible Asset - Pension Restoration Plan ............ 1,127 1,127
Corporate Aircraft Avionics Package .................... - 51
EDP Software Costs ..................................... 47 26
Miscellaneous (3)....................................... 3 -
--------- ---------
TOTAL ........................................ 14,167 16,239
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 17
PAGE 17
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE X
RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide description of each material research,
development, or demonstration project which incurred costs
by the service corporation during the year.
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- ------------------------------------------------------------------------ ------
$000
<S> <C>
NONE
TOTAL ......................................................... NONE
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 18
PAGE 18
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------------------------------------------------
SCHEDULE XI - PROPRIETARY CAPITAL
- --------------------------------------------------------------------------------------------------------------------------
OUTSTANDING CLOSE OF PERIOD
NUMBER OF SHARES PAR OR STATED VALUE ---------------------------
ACCOUNT NUMBER CLASS OF STOCK AUTHORIZED PER SHARE NO. OF SHARES TOTAL AMOUNT
- -------------- ------------------ ---------------- ------------------- ------------- ------------
<S> <C> <C> <C> <C> <C>
201 COMMON STOCK ISSUED 130,000 $100.00 130,000 $13,000,000
- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
INSTRUCTIONS: Classify amounts in each account with brief explanation,
disclosing the general nature of transactions which give
rise to the reported amount.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- ------------------------------------------------------------------------------------------------- -------------
<S> <C>
ACCOUNT 211 - MISCELLANEOUS PAID-IN CAPITAL .................................................... None
ACCOUNT 215 - APPROPRIATED RETAINED EARNINGS ................................................... None
------------
TOTAL ..................................................................................... None
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
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.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING NET INCOME DIVIDENDS CLOSE
DESCRIPTION OF YEAR OR (LOSS) PAID OF YEAR
- ------------------------------------------------------------- --------- ---------- --------- ----------
$000 $000 $000 $000
<S> <C> <C> <C> <C>
ACCOUNT 216 - UNAPPROPRIATED RETAINED EARNINGS .............. 156 2,142 2,119 179
</TABLE>
<TABLE>
<CAPTION>
Rate/Share Amount of Dividend Date Declared Date Paid
- ---------- ------------------ ------------- ---------
<S> <C> <C> <C>
$ $000
3.90 507 02/10/94 02/28/94
4.15 539 05/13/94 05/31/94
4.10 533 08/10/94 08/31/94
4.15 540 11/10/94 11/30/94
--------- ---------- --------- -----------
TOTAL........................................................ 156 2,142 2,119 179
- ---------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 19
PAGE 19
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
INSTRUCTIONS: Advances from associate companies should be reported
separately for advances on notes, and advances
on open account. Names of associate companies from which
advances were received shall be shown under the class and
series of obligation column. For Account 224 - Other
long-term debt provide the name of creditor company or
organization, terms of the obligation, date of maturity,
interest rate, and the amount authorized and outstanding.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------
TERMS OF OBLIG DATE BALANCE AT DEDUC- BALANCE AT
CLASS & SERIES OF INTEREST AMOUNT BEGINNING ADDI- TIONS CLOSE
NAME OF CREDITOR OF OBLIGATION MATURITY RATE AUTHORIZED OF YEAR TIONS (1) OF YEAR
- ------------------------------------ -------------- -------- -------- ---------- ---------- ----- ------ ----------
% $000 $000 $000 $000 $000
ACCOUNT 223 - ADVANCES FROM ASSOCIATE COMPANIES:
<S> <C> <C> <C> <C> <C> <C> <C> <C>
The Columbia Gas System, Inc. Promissory Note 5-31-95 7.00 200 8 - 8 -
The Columbia Gas System, Inc. Promissory Note 5-31-97 8.30 4,400 528 - 176 352
The Columbia Gas System, Inc. Promissory Note 5-31-96 8.40 100 8 - 4 4
The Columbia Gas System, Inc. Promissory Note 5-31-95 9.00 830 33 - 33 -
The Columbia Gas System, Inc. Promissory Note 2-29-14 9.47 700 583 - 29 554
The Columbia Gas System, Inc. Promissory Note 2-28-14 9.47 400 333 - 17 316
The Columbia Gas System, Inc. Promissory Note 2-01-01 9.92 2,500 1,750 - 250 1,500
The Columbia Gas System, Inc. Promissory Note 2-01-01 9.92 2,900 2,030 - 290 1,740
The Columbia Gas System, Inc. Promissory Note 1-31-14 10.41 1,600 1,333 - 67 1,266
The Columbia Gas System, Inc. Promissory Note 1-31-03 10.58 700 420 - 47 373
The Columbia Gas System, Inc. Promissory Note 1-31-04 10.58 1,000 667 - 66 601
The Columbia Gas System, Inc. Promissory Note 3-31-01 12.90 1,500 273 - 39 234
The Columbia Gas System, Inc. Promissory Note 1-31-01 Variable 800 374 - 53 321
The Columbia Gas System, Inc. Promissory Note 4-30-03 8.25 5,000 4,500 - 500 4,000
The Columbia Gas System, Inc. Promissory Note 4-30-04 7.75 5,400 5,400 - 540 4,860
ACCOUNT 224 - OTHER LONG-TERM DEBT: - - -
------ ------ ----- ------ --------
TOTAL ...................................................................... 28,030 18,240 - 2,119 16,121
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) GIVE AN EXPLANATION OF DEDUCTIONS: The deductions represent the portion of
the Installment Promissory Notes which mature within one year.
- --------------------------------------------------------------------------------
<PAGE> 20
PAGE 20
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
BALANCE AT BALANCE AT
BEGINNING CLOSE
DESCRIPTION OF YEAR OF YEAR
- -------------------------------------------------------- ---------- -----------
$000 $000
<S> <C> <C>
ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES
See Schedule XIII-A .................................... 1,613 2,119
--------- ----------
TOTAL ........................................ 1,613 2,119
- ---------------------------------------------------------------------------------------------------------------
ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES
The Columbia Gas System, Inc............................ 674 558
Columbia Gas Development Corporation.................... 18 13
Columbia Gulf Transmission Company...................... 55 8
Columbia Energy Services................................ 53 40
TriStar Ventures Corporation............................ 15 29
Columbia LNG Corporation................................ 11 13
Columbia Coal Gasification Corporation.................. - 13
Columbia Gas of Kentucky, Inc........................... 78 -
Columbia Gas of Ohio, Inc............................... 683 -
Columbia Gas of Maryland, Inc........................... 27 -
Columbia Gas of Pennsylvania, Inc....................... 244 -
Commonwealth Gas Services, Inc.......................... 116 -
Commonwealth Propane.................................... 1 2
Columbia Gas Transmission, Inc.......................... 571 -
Columbia Atlantic Trading, Inc.......................... 1 3
Columbia Natural Resources, Inc......................... 50 27
---------- ----------
TOTAL ........................................ 2,597 706
- --------------------------------------------------------------------------------------------------------------
ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED
LIABILITIES
Accrued Vacation........................................ 2,134 2,073
Retirement Income Plan.................................. 492 1,575
Employee Agreements..................................... 1,600 1,211
Contract Retainage...................................... 787 1,016
Pension Retirement Benefits............................. 823 948
Aircraft Engine Overhaul Accrual........................ 578 713
Comprehensive Medical Expense Plan Accrual.............. 313 189
Thrift Restoration Plan................................. 42 116
Post Retirement Benefit Obligation...................... - 64
Flexible Spending....................................... 40 51
Dental Assistance Plan Accrual.......................... 31 31
Release & Retention Program............................. 4,700 20
Unclaimed Accounts...................................... 24 20
Arthur Andersen......................................... 116 14
Miscellaneous - (3)..................................... 5 5
--------- -------
TOTAL ........................................ 11,685 8,046
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 21
PAGE 21
SCHEDULE XII-A
COLUMBIA GAS SYSTEM SERVICE CORPORATION
Notes Payable to Associate Companies
Account 233
<TABLE>
<CAPTION>
Balance at Balance at
Beginning Close
Of Year Of Year
---------- -----------
$000 $000
<S> <C> <C>
The Columbia Gas System, Inc.
6.70 % Installment Promissory Note ........... 10 -
7.00 % Installment Promissory Note ........... 24 -
7.00 % Installment Promissory Note ........... 8 8
7.75 % Installment Promissory Note ........... - 540
8.40 % Installment Promissory Note ........... 4 4
8.30 % Installment Promissory Note ........... 176 176
9.00 % Installment Promissory Note ........... 33 33
9.47 % Installment Promissory Note ........... 29 29
9.47 % Installment Promissory Note ........... 17 17
9.92 % Installment Promissory Note ........... 250 250
9.92 % Installment Promissory Note ........... 290 290
10.41 % Installment Promissory Note ........... 67 67
10.58 % Installment Promissory Note ........... 47 47
10.58 % Installment Promissory Note ........... 66 66
12.90 % Installment Promissory Note ........... 39 39
Variable Installment Promissory Note ........... 53 53
8.25 % Installment Promissory Note ........... 500 500
------- -------
Total ....................................... 1,613 2,119
======= =======
</TABLE>
<PAGE> 22
PAGE 22
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
- --------------------------------------------------------------------------------
INSTRUCTIONS: The space below is provided for important notes regarding
the financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes
relating to financial statements shown elsewhere in this
report may be indicated here by reference.
- --------------------------------------------------------------------------------
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Property, Plant and Equipment and Related Depreciation
Property, Plant and Equipment is stated at historical cost.
Depreciation is provided on a composite straight-line basis using the
average of depreciable property at the beginning and end of each
year.
b. Income Taxes
The Corporation provides deferred taxes with respect to timing
differences in the recognition of revenues and expenses for tax and
accounting purposes. The major difference results from using
accelerated depreciation for tax purposes. The Corporation is
included in the Consolidated Federal Income Tax Return filed for The
Columbia Gas System, Inc.
c. Pension Costs
The Corporation participates in the Retirement Income Plan of
The Columbia Gas System, Inc. This is a trusteed noncontributory
Retirement Income Plan which, with certain minor exceptions, covers
all regular employees. The Service Corporation's portion amounted to
$1,476,000 in 1994 and $2,194,000 in 1993, including the amortization
of unfunded prior service costs.
d. Leases
Payments made by the Corporation in connection with operating
leases are charged to expense as incurred. No capitalized leases
existed in 1994.
e. Account Numbers
The Corporation uses certain FERC accounts which do not match
existing SEC accounts; therefore, the year-end balances of the
following FERC accounts were reclassified to a corresponding SEC
account.
<TABLE>
<CAPTION>
Account Number
-------------- Year-End
Account Description FERC SEC Balance
------------------------- ---- ---- --------
($000)
<S> <C> <C> <C>
Interest Receivable 171 143 822
Deferred Income Taxes 283 282 26
</TABLE>
- --------------------------------------------------------------------------------
<PAGE> 23
PAGE 23
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
- --------------------------------------------------------------------------------
f. Post-Retirement Benefits Other Than Pensions
During 1991, the System adopted SFAS No. 106, Employer's
Accounting for Post-Retirement Benefits Other Than Pensions,
retroactive to January 1, 1991. The Corporation has elected to
record and defer the full amount of its estimated accumulated
post-retirement obligations other than pensions. These obligations
total $15,035,000 as of December 31, 1994, and represent the
actuarial present value of the post-retirement benefits to be paid
to current employees and retirees based on services rendered.
g. System Money Pool
During 1994, the Corporation served as the administrator of
the System Money Pool, which allows for affiliate companies to loan
excess cash to other affiliate companies. Listed below are the
outstanding balances at December 31, 1993 and 1994, respectively.
<TABLE>
<CAPTION>
December 31, 1993 December 31, 1994
------------------------- -------------------------
Investment Borrowing Investment Borrowing
---------- --------- ---------- ---------
($000) ($000) ($000) ($000)
<S> <C> <C> <C> <C>
Columbia Gas System Service Corp..... 12,017 - 3,471 -
Columbia Gas Development Corp........ 9,556 - 2,254 -
Columbia Gulf Transmission Corp...... 5,796 - - 1,031
Columbia Energy Services............. 12,484 - 8,988 -
Columbia Propane Corp................ - 38 441 -
TriStar Ventures, Inc................ 6,154 - 6,267 -
Columbia LNG Corp.................... 3,549 - 3,263 -
Columbia Coal Gasification........... - 2,511 2,192 -
Columbia Gas of Kentucky, Inc........ - 223 - 956
Columbia Gas of Ohio, Inc............ - 37,623 - 31,413
Columbia Gas of Maryland, Inc........ 1,675 17,101 - 58
Columbia Gas of Pennsylvania, Inc.... - 2,526 - 3,863
Commonwealth Gas Services, Inc....... - 1,172 - 1,030
Commonwealth Propane, Inc............ - - - 161
TriStar Capital Corp................. 38 - 42 -
Columbia Atlantic Trading............ 692 - 646 -
Columbia Natural Resources........... 9,233 - 11,235 -
Temporary Cash Investment............ - - - 287
------- ------- ------- ------
TOTAL........................... 61,194 61,194 38,799 38,799
======= ======= ======= ======
- -----------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 24
PAGE 24
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- -----------------------------------------------------------------------------------------------------------
SCHEDULE XV
STATEMENT OF INCOME
- -----------------------------------------------------------------------------------------------------------
1994 1993
------------ ----------
ACCOUNT DESCRIPTION CURRENT YEAR PRIOR YEAR
- ------- ------------------------------------------- ------------ ----------
$000 $000
<S> <C> <C> <C>
INCOME
457 Services rendered to associate companies. 62,452 77,244
458 Services rendered to nonassociate
companies .............................. 2 -
421 Miscellaneous income or loss ............ - -
------------ ----------
Total Income ............................ 62,454 77,244
------------ ----------
EXPENSE
920 Salaries and wages ...................... 26,046 28,218
921 Office supplies and expenses ............ 6,776 6,309
922 Administrative expense transferred -
credit ................................. (2,566) (937)
923 Outside services employed ............... 5,457 5,910
924 Property insurance ...................... 296 310
925 Injuries and damages .................... 93 134
926 Employee pensions and benefits .......... 6,648 7,357
928 Regulatory commission expense ........... 5 4
930.1 General advertising expenses ............ 13 -
930.2 Miscellaneous general expenses .......... (4,138) 7,218
931 Rents ................................... 7,637 8,853
932 Maintenance of structures and
equipment .............................. 3,272 2,978
403 Depreciation and amortization expense ... 4,836 3,800
408 Taxes other than income taxes ........... 2,645 2,654
409 Income Taxes ............................ 2,576 2,594
410 Provision for deferred income taxes ..... 1,979 3,224
411 Provision for deferred income taxes -
credit ................................. (2,881) (4,715)
411.5 Investment tax credit ................... - -
426.1 Donations ............................... 54 61
426.5 Other deductions ........................ - -
427 Interest on long-term debt .............. - -
430 Interest on debt to associate companies . 3,925 1,985
431 Other interest expense .................. (2,361) (525)
------------ ----------
Total Expense ....................... 60,312 75,432
------------ ----------
Net Income or (Loss) ................ 2,142 1,812
------------ ----------
- ------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 25
PAGE 25
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
ANALYSIS OF BILLING
ASSOCIATE COMPANIES
ACCOUNT 457
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------
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
------- -------- -----------
$000 $000 $000 $000
<S> <C> <C> <C> <C>
The Columbia Gas System, Inc. .......... 2,022 1,464 340 3,826
Columbia Gas Development Corporation ... 1,165 684 158 2,007
Columbia Gulf Transmission Company ..... 3,086 1,340 315 4,741
Columbia Energy Services ............... 166 114 28 308
Columbia Propane Corporation ........... 84 51 12 147
TriStar Ventures Corporation ........... 280 181 43 504
Columbia LNG Corporation ............... 548 463 108 1,119
Columbia Coal Gasification Corporation.. 30 25 5 60
Columbia Gas of Kentucky, Inc. ......... 1,657 438 101 2,196
Columbia Gas of Ohio, Inc. ............. 13,184 3,304 766 17,254
Columbia Gas of Maryland, Inc. ......... 547 134 31 712
Columbia Gas of Pennsylvania, Inc. ..... 4,803 1,290 300 6,393
Commonwealth Gas Services, Inc.......... 2,263 592 138 2,993
Commonwealth Propane, Inc. ............. 315 219 51 585
Columbia Transmission Investment Co..... 50 48 11 109
TriStar Capital Corporation ............ 4 3 1 8
Columbia Gas Transmission Corporation .. 15,026 5,011 1,175 21,212
Columbia Atlantic Trading, Inc.......... 11 11 3 25
Columbia Natural Resources, Inc. ....... 1,120 576 135 1,831
------ ------ ------ ------
Total Amount Billed in 1993 ....... 46,361 15,948 3,721 66,030
Reconciliations to Total Revenues:
Difference between Amount of
Unbilled Revenue December 1992 and
December 1993 ..................... (3,010) (2,914) 2,344 (3,580)
------ ------- ------ -------
TOTAL ......................... 43,351 13,034 6,065 62,450
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 26
PAGE 26
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1993
- --------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
ACCOUNT 458
- --------------------------------------------------------------------------------------------------------------------------------
DIRECT INDIRECT COMPENSATION
COST COST FOR USE TOTAL EXCESS OR AMOUNT
NAME OF NONASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY BILLED
- ------------------------------------------------ ------- -------- ------------ ----- ---------- ------
458-1 458-2 458-3 458-4
------- -------- ------------ ----------
$000 $000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C> <C>
New York State Electric and Gas Company 2 - - 2 - 2
</TABLE>
- --------------------------------------------------------------------------------
INSTRUCTION: Provide a brief description of the services rendered to each
nonassociate company:
Charges reflect dial-up access to Columbia's network data.
- --------------------------------------------------------------------------------
<PAGE> 27
PAGE 27
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE XVI
ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
ASSOCIATE COMPANY NONASSOCIATE COMPANY TOTAL CHARGES FOR
CHARGES CHARGES SERVICE
-------------------------- ------------------------- ----------------------------
DIRECT INDIRECT DIRECT INDIRECT DIRECT INDIRECT
DESCRIPTION OF ITEMS COST COST TOTAL COST COST TOTAL COST COST TOTAL
- --------------------------------------- ------ -------- ------- ------ ------- ------ ------ -------- -------
$000 $000 $000 $000 $000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 SALARIES AND WAGES ........... 15,269 10,777 26,046 - - - 15,269 10,777 26,046
921 OFFICE SUPPLIES AND EXPENSES . 4,475 2,301 6,776 - - - 4,475 2,301 6,776
922 ADMINISTRATIVE EXPENSE
TRANSFERRED-CR............... 3,263 (5,829) (2,566) - - - 3,263 (5,829) (2,566)
923 OUTSIDE SERVICES EMPLOYED .... 4,515 942 5,457 - - - 4,515 942 5,457
924 PROPERTY INSURANCE ........... - 296 296 - - - - 296 296
925 INJURIES AND DAMAGES ......... 86 7 93 - - - 86 7 93
926 EMPLOYEE PENSIONS & BENEFITS . 283 6,365 6,648 - - - 283 6,365 6,648
928 REGULATORY COMMISSION EXPENSE 5 - 5 - - - 5 - 5
930.1 GENERAL ADVERTISING EXPENSES . - 13 13 - - - - 13 13
930.2 MISCELLANEOUS GENERAL EXPENSES 2,425 (6,563) (4,138) - - - 2,425 (6,563) (4,138)
931 RENTS ........................ 7,322 315 7,637 - - - 7,322 315 7,637
932 MAINTENANCE OF STRUCTURES AND
EQUIP. ...................... 2,337 935 3,272 - - - 2,337 935 3,272
403 DEPRECIATION AND AMORTIZATION
EXPENSE ..................... 3,208 1,628 4,836 - - - 3,208 1,628 4,836
408 TAXES OTHER THAN INCOME TAXES 165 2,480 2,645 - - - 165 2,480 2,645
409 INCOME TAXES ................. - 2,576 2,576 - - - - 2,576 2,576
410 PROVISION FOR DEFERRED INCOME
TAXES ....................... 184 1,795 1,979 - - - 184 1,795 1,979
411 PROVISION FOR DEFERRED INCOME
TAXES-CR .................... (184) (2,697) (2,881) - - - (184) (2,697) (2,881)
411.5 INVESTMENT TAX CREDIT ........ - - - - - - - - -
426.1 DONATIONS .................... - 54 54 - - - - 54 54
426.5 OTHER DEDUCTIONS ............. - - - - - - - - -
427 INTEREST ON LONG-TERM DEBT ... - - - - - - - - -
431 OTHER INTEREST EXPENSE ....... - (2,361) (2,361) - - - - (2,361) (2,361)
Reimbursed Exp. for
Nonassociates (2) - (2) 2 - 2 - - -
---------------------------------
INSTRUCTION: Total cost of service
will equal for associate and nonassoci-
ate companies the total amount billed
under their separate analysis of
billing schedules.
- --------------------------------------- ------ ------ ----- ----- ------ ----- ------ ------ ------
TOTAL EXPENSES ................. 43,351 13,034 56,38 2 - 2 43,353 13,034 56,387
------ ------ ----- ----- ------ ----- ------ ------ ------
COMPENSATION FOR USE OF EQUITY
CAPITAL 2,14 2 2,142
----- ----- ------
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES 3,92 - 3,925
----- ----- ------
TOTAL COST OF SERVICE .......... 62,45 4 62,454
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 28
PAGE 28
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION BY DEPARTMENT OR SERVICE FUNCTION
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DEPARTMENT OR SERVICE FUNCTION
---------------------------------------------------------------------------
Air Corporate Environ-
TOTAL Trans- Communi- Corporate Corporate mental
DESCRIPTION OF ITEMS AMOUNT OVERHEAD Accounting portation cations Planning Services Affairs Executive
- ----------------------------------- ------- -------- ---------- --------- -------- --------- --------- --------- ---------
$000 $000 $000 $000 $000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 SALARIES AND WAGES .......... 26,046 10,777 1,287 826 287 533 246 306 1,495
921 OFFICE SUPPLIES AND EXPENSES. 6,776 2,301 81 883 101 50 333 50 118
922 ADMINISTRATIVE EXPENSE
TRANSFERRED-CREDIT ........ (2,566) (5,829) 289 1 59 97 98 46 250
923 OUTSIDE SERVICES EMPLOYED.. 5,457 942 60 4 581 91 14 - 850
924 PROPERTY INSURANCE .......... 296 296 - - - - - - -
925 INJURIES AND DAMAGES ........ 93 7 - 86 - - - - -
926 EMPLOYEE PENSIONS & BENEFITS. 6,648 6,365 - 223 - - - - -
928 REGULATORY COMMISSION EXPENSE 5 - 3 - - - - - -
930.1 GENERAL ADVERTISING EXPENSES. 13 13 - - - - - - -
930.2 MISCELLANEOUS GENERAL EXP.... (4,138) (6,563) 3,498 (1,083) 51 120 12 66 140
931 RENTS ....................... 7,637 315 1 1,177 - - 2 2 26
932 MAINTENANCE OF STRUCTURES
AND EQUIPMENT .............. 3,272 935 - 353 - - - - -
403 DEPRECIATION AND AMORTIZATION
EXPENSE .................... 4,836 1,628 - - - - - - -
408 TAXES OTHER THAN INCOME TAXES 2,645 2,480 - 124 - - - - -
409 INCOME TAXES ................ 2,576 2,576 - - - - - - -
410 PROVISION FOR DEFERRED INCOME
TAXES ...................... 1,979 1,795 184 - - - - - -
411 PROVISION FOR DEFERRED INCOME
TAXES-CREDIT ............... (2,881) (2,697) (184) - - - - - -
411.5 INVESTMENT TAX CREDIT ....... - - - - - - - - -
426.1 DONATIONS ................... 54 54 - - - - - - -
426.5 OTHER DEDUCTIONS ............ - - - - - - - - -
427 INTEREST ON LONG-TERM DEBT .. - - - - - - - - -
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES .................. 3,925 3,925 - - - - - - -
431 OTHER INTEREST EXPENSE ...... (2,361) (2,361) - - - - - - -
- -------------------------------------
INSTRUCTION: Indicate each depart-
ment or service function. (See
Instruction 01-3 General Struc-
ture of Accounting System:
Uniform System Account)
- ------------------------------------ ------- ------ ------ -------- ------- -------- --------- -------- --------
TOTAL EXPENSES ............ 60,312 16,959 5,219 2,594 1,079 891 705 470 2,879
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 29
PAGE 29
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION BY DEPARTMENT OR SERVICE FUNCTION
- --------------------------------------------------------------------------------
DEPARTMENT OR SERVICE FUNCTION
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Informa-
ACCOUNT Financial General Human tion Investor Risk
NUMBER Services Audit Resources Management Relations Legal Management Tax
------- --------- ------- --------- ---------- --------- --------- ---------- -------
$000 $000 $000 $000 $000 $000 $000 $000 $000
<S> <C> <C> <C> <C> <C> <C> <C> <C>
920 796 1,354 1,083 4,636 214 1,288 274 644
921 152 181 153 2,074 41 191 27 40
922 166 124 223 1,346 32 336 57 139
923 91 17 455 1,575 268 129 9 371
924 - - - - - - - -
925 - - - - - - - -
926 - - 60 - - - - -
928 2 - - - - - - -
930.1 - - - - - - - -
930.2 73 98 265 (1,045) 24 161 28 17
931 - 27 - 6,034 - 53 - -
932 8 - - 1,975 - 1 - -
403 - - - 3,208 - - - -
408 - - - 41 - - - -
409 - - - - - - - -
410 - - - - - - - -
411 - - - - - - - -
411.5 - - - - - - - -
426.1 - - - - - - - -
426.5 - - - - - - - -
427 - - - - - - - -
430 - - - - - - - -
431 - - - - - - - -
-------- --------- -------- --------- ---------- --------- -------- --------- -------
TOTAL 1,288 1,801 2,239 19,844 579 2,159 395 1,211
EXPENSES
</TABLE>
<PAGE> 30
PAGE 30
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
---------------------------------------------------------------------------
DEPARTMENTAL ANALYSIS OF SALARIES
ACCOUNT 920
<TABLE>
<CAPTION>
---------------------------------------------------------------------------
DEPARTMENTAL SALARY EXPENSE
------------------------------------- NUMBER
NAME OF DEPARTMENT INCLUDED IN AMOUNTS BILLED TO PERSONNEL
------------------------------ ---------
Indicate each department or TOTAL PARENT OTHER NON END OF
service function AMOUNT COMPANY ASSOCIATES ASSOCIATES YEAR
- --------------------------- ------ ------- ---------- ---------- --------
$000 $000 $000 $000
<S> <C> <C> <C> <C> <C>
Accounting ................ 5,669 194 5,475 - 45
Air Transportation ........ 826 - 826 - 14
Corporate Communications .. 456 4 452 - 6
Corporate Planning ........ 644 6 638 - 10
Corporate Services ........ 1,804 6 1,798 - 52
Environmental Affairs ..... 409 - 409 - 6
Executive ................. 2,010 137 1,873 - 11
Financial Services ........ 967 50 917 - 16
General Audit ............. 1,900 3 1,897 - 34
Human Resources ........... 1,847 - 1,847 - 34
Information Management .... 6,577 32 6,545 - 132
Investor Relations ........ 247 - 247 - 3
Legal ..................... 1,527 259 1,268 - 24
Risk Management ........... 360 3 357 - 7
Tax ....................... 803 11 792 - 11
------ ------ -------- ----------- --------
TOTAL ................ 26,046 705 25,341 - 405
- --------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 31
PAGE 31
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide a breakdown by subaccount of outside services
employed. If the aggregate amounts paid to any one payee
and included within one subaccount is less than $25,000,
only the aggregate number and amount of all such payments
included within the subaccount need be shown. Provide a
subtotal for each type of service.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
RELATIONSHIP
------------
"A"=ASSOCIATE
"NA"=NON
FOR WHOM PURCHASED ADDRESS ASSOCIATE AMOUNT
- ------------------------------ -------------------------- ------------- ------
$000
<S> <C>
See Schedule 923-A 5,457
</TABLE>
- --------------------------------------------------------------------------------
<PAGE> 32
PAGE 32
SCHEDULE 923-A
COLUMBIA GAS SYSTEM SERVICE CORPORATION
Outside Services Employed
Account 923
<TABLE>
<CAPTION>
RELATIONSHIP
"A"=ASSOCIATE AMOUNT
"NA"=NON ------------
FOR WHOM PURCHASED ADDRESS ASSOCIATE $000 $000
- ---------------------------------- ----------------------------------------------------- ------------- ----- -----
<S> <C> <C> <C> <C>
1-Special Services - Legal
- --------------------------
5 Organizations
Total Special Services - Legal .................. 14
-----
14
2-Special Services - Audit
- --------------------------
Arthur Andersen & Company 1345 Avenue of the Americas, New York,NY 10105 ..... NA 41
-----
Total Special Services - Audit .................. 41
3-Special Services - Other
- --------------------------
Electronic Data Processing
Bell Atlantic P.O. Box 8500, Philadelphia, PA 19178 ............. NA 247
Capital Citicom, Inc. 2238 South Hamilton Road, Columbus, OH 43232-4304 . NA 82
Comdisco Disaster Recovery
Services, Inc. P.O. Box 91753, Chicago, IL 60693 ................. NA 221
IBM Corp. L33 P.O. Box 91945, Chicago, IL 60693 ................. NA 54
Mead Data Central P.O. Box 100176, Atlanta, GA 30384 ................ NA 58
SARCOM, Inc. Dept. #0703, Columbus, OH 43216 ................... NA 55
21 Organizations 109
-----
826
Miscellaneous
American Mgmt. Assoc. P.O. Box 169, Saranac Lake, NY 12983-2169 ......... NA 36
Columbia Gas of Ohio, Inc. P.O. Box 117, Columbus, OH 43216 .................. A 228
The Conference Board, Inc. P.O. Box 4026, NY, NY 10261-4026 .................. NA 42
Creative Graphics 715 Berwyn Ave., Berwyn, PA 19312 ................. NA 81
Dawson Temporaries 383 E. Broad St., Columbus, OH 43215 ............... NA 271
Deidrich & Associates 625 Fair Oaks, South Pasadena, CA 91030 ........... NA 37
Flight Safety International P.O. Box 75691, Charlotte, NC 28275................ NA 46
Harris Trust Company P.O. Box 1017, Wall St. Station, New York, NY 10268. NA 216
Kissel-Blake, Inc. 25 Broadway, New York, NY 10004 ................... NA 81
McFoy Refrigeration, Inc. 152 Quigley Blvd., New Castle, DE 19720 ........... NA 44
Meehan Tooker Printers 55 Madison Circle Dr., E. Rutherford, NJ 07073 ..... NA 126
Mellon Bank, NA P.O. Box 360528, Pittsburgh, PA 15251-6528 ........ NA 25
Pinkertons, Inc. P.O. Box 7247-8256, Philadelphia, PA 19170-8256 .... NA 155
Placers - Temps and Search P.O. Box 15621, Wilmington, DE 19850-5621 .......... NA 141
Nicolas Peter Recchi P.O. Box 916, Devon, PA 19333 ...................... NA 47
Reese, Tomasies, & Ellick, Inc. 604 W. Tenth St., Wilmington, DE 19801 ............. NA 61
</TABLE>
<PAGE> 33
PAGE 33
SCHEDULE 923-A
COLUMBIA GAS SYSTEM SERVICE CORPORATION
Outside Services Employed
Account 923
<TABLE>
<CAPTION>
RELATIONSHIP
"A"=ASSOCIATE
"NA"=NON AMOUNT
------------ ------------
FOR WHOM PURCHASED ADDRESS ASSOCIATE $000 $000
- ---------------------------------- ---------------------------------------------------- ------------- ----- -----
<S> <C> <C> <C>
3-Special Services-Other (Cont'd)
- ---------------------------------
Reuters America P.O. Box 7777 W4070, Philadelphia, PA 19175 ........ NA 27
Visual Arts Studio, Inc. 1212 Washington St., Wilmington, DE 19801 ......... NA 34
Walker Interactive Systems 303 Second St., San Francisco, CA 94107 ........... NA 68
YOH Staffing Services P.O. Box 8457, Philadelphia, PA 19101-8457 ........ NA 29
217 Organizations 538
-----
2,333
Total Special Services - Other ................. 3,159
4-Special Services - Tax
- ------------------------
Miller Chevalier 655 Fifteenth Street, Washington, DC 20005-5901 .... NA 315
7 Organizations 25
-----
Total Special Services - Tax ................... 340
5-Special Services - Consulting
- -------------------------------
Arthur Anderson & Company 1345 Avenue of the Americas, New York, NY 10105 .... NA 274
Business Information Tech, Inc. P.O. Box 8500-52635, Philadelphia, PA 19178-2635 .. NA 57
The Dilenschneider Group 200 Park Avenue, Suite 2905, New York, NY 10166 .... NA 234
Gartner Group, Inc. P.O. Box 10799, Newark, NJ 07193-0799 .............. NA 168
Hay Group P.O. Box 8538-153, Philadelphia, PA 19171-0153 .... NA 39
Senn-Delaney 3780 Kilney Airportway, Long Beach, CA 90806 ...... NA 662
TASL 801 E. Ogden Ave., Ste. 1073, Napperville, IL 60563 NA 311
Towers Perrin P.O. Box 8500-56110, Philadelphia, PA 19178 ....... NA 81
20 Organizations 77
-----
Total Special Services - Consulting ............ 1,903
-----
Total All Special Services ..................... 5,457
=====
</TABLE>
<PAGE> 34
PAGE 34
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- ----------------------------------------------------------------------------------- ------
$000
<S> <C>
Medical Expense Plan ............................................... 1,641
Employee Retirement Expense ........................................ 1,476
Pension Restoration Plan ........................................... 1,053
Thrift Plan ........................................................ 845
Other Post-Employment Benefits ..................................... 532
Employee Relocation Expense ........................................ 410
Group Life Insurance ............................................... 192
Dental Assistance Plan ............................................. 168
Long-Term Disability Insurance ..................................... 115
Employee Cafeteria Subsidy ......................................... 68
Educational Assistance ............................................. 52
Employee Physicals ................................................. 45
Miscellaneous ...................................................... 51
------
TOTAL .......................................................... 6,648
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 35
PAGE 35
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------
DESCRIPTION NAME OF PAYEE AMOUNT
- -------------------------------------- ------------------------- -------
$000
<S> <C> <C>
Employee Recruiting The Columbus Dispatch 4
Employee Recruiting Philadelphia Newspapers 3
Employee Recruiting News Journal 3
Employee Recruiting Miscellaneous (5) 3
------
TOTAL ........................................................ 13
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 36
PAGE 36
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
MISCELLANEOUS GENERAL EXPENSES
ACCOUNT 930.2
- --------------------------------------------------------------------------------
INSTRUCTIONS: Provide a listing of the amount included in Account 930.2,
"Miscellaneous General Expenses", classifying such expenses
according to their nature. Payments and expenses permitted
by Section 321(b)(2) of the Federal Election Campaign Act,
as amended by Public Law 94-283 in 1976 (2 U.S.C. Section
441[b][2]) shall be separately classified.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
DESCRIPTION AMOUNT
- ------------------------------------------------------------------- ------
$000
<S> <C>
Release and Retention Program ..................................... (5,069)
Corporate Aircraft Services Transferred ........................... 273
Dues and Memberships - Company .................................... 142
Bank Line of Credit Fees........................................... 94
Courier Services .................................................. 77
Stock Exchange Listing Fees ....................................... 52
Sanitation Services ............................................... 33
Newswire Release Services ......................................... 23
Aircraft Services ................................................. 19
Automated Teller Machine Services ................................. 18
Uniform Cleaning .................................................. 11
Other ............................................................. 189
------
TOTAL ........................................................ (4,138)
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 37
PAGE 37
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
TYPE OF PROPERTY AMOUNT
- ---------------------------------------------------------------- ------
$000
<S> <C>
Data Processing ................................................ 6,032
Air Transportation ............................................. 1,091
Office Space ................................................... 379
Auto and General Tools ......................................... 60
Communications ................................................. 42
Miscellaneous .................................................. 33
------
TOTAL .................................................... 7,637
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 38
PAGE 38
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------
KIND OF TAX AMOUNT
- ---------------------------------------------------------------------- ------
$000
<S> <C> <C>
(1) Other than U.S. Government Taxes:
Property ................................................... 869
License or Franchise ....................................... 43
Unemployment ............................................... 40
-----
Total - Other ......................................... 952
(2) U.S. Government Taxes:
Federal Insurance Contribution ............................. 1,651
Unemployment ............................................... 31
Environmental .............................................. 10
Miscellaneous .............................................. 1
------
Total - Federal ....................................... 1,693
------
TOTAL .......................................................... 2,645
- -------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 39
PAGE 39
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------
NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT
- ------------------------------------------ --------------------- ------
$000
<S> <C> <C>
Columbia Gas Foundation .................. Community Welfare ... 48
Miscellaneous (6) ........................ Community Welfare ... 6
------
TOTAL ........................................................................ 54
- ------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 40
PAGE 40
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------
DESCRIPTION NAME OF PAYEE AMOUNT
- ---------------------------------------- --------------------------- ------
$000
<S> <C>
NONE
------
TOTAL ........................................................................... NONE
- -----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 41
PAGE 41
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- --------------------------------------------------------------------------------
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.
- --------------------------------------------------------------------------------
For additional notes, see Page 22, Notes to Financial Statements.
In 1993, reorganization expense of $4,700,000 was recognized in account
930.2 representing future employees' release and retention payments. This
accrual was composed of a combination of the salary of affected employees and
their related benefits. During 1994, release and retention payments totalled
$3,226,000. In addition, the original accrual was lowered by $1,454.000. This
adjustment was caused by a change in the reorganization plan.
- --------------------------------------------------------------------------------
<PAGE> 42
Page 42
<TABLE>
<CAPTION>
COLUMBIA GAS SYSTEM SERVICE CORPORATION
ORGANIZATION CHART
Chairman, President
& CEO
CROOM
<S> <C> <C> <C> <C> <C> <C>
VP & General VP Human Senior VP Senior VP Senior VP, Senior VP SeniorVP
Auditor Resources Services & CFO Chief Legal
Officer & Sec.
FORSYTHE GERAN MAGLEY O'DONNELL BELL WALLINGFORD CHADDOCK
Auditing System Air Finance Environmental Supply Corporate
Benefits Transportation Affairs Communications
System Human Common/Corporate Investor/ Government
Resources Systems Stockholder Legal Affairs
Relations
M.C. Building Strategic Risk
Services Planning Management
S.C. Accounting System
& Payroll Financial
Planning
S.C. Human System
Resources Financial
Reporting
System Data Tax
Center
Tele-
communications
Wilm. Building
Services
</TABLE>
<PAGE> 43
PAGE 43
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
- --------------------------------------------------------------------------------
METHODS OF ALLOCATION
- --------------------------------------------------------------------------------
The following Basis of Allocation have been approved by the SEC as
a method of allocating Job Order charges and convenience payments directly to
Associate Companies.
- - Gross Fixed Assets and Total Operating Expenses
- - Gross Fixed Assets
- - Distribution Property and Distribution Expenses
- - Production Property and Production Expenses
- - Storage Property and Storage Expenses
- - Transmission Property and Transmission Expenses
- - Total Operating Expenses and Gross Depreciable Property
- - Gross Depreciable Property
- - Number of Automobile Units (Owned and Leased)
- - Number of Retail Customers
- - Number of Regular Employees
- - Number of Transportation Customers
- - Number of Commercial Customers
- - Number of Residential Customers
- - Number of High Pressure Customers
- - Number of Gas Purchase Customers
- - Number of Charts Processed
- - Direct Costs
- - Property Values
- - Number of Directors and Officers
- - Household Moves
- - Payroll
- - Number of Nurses
- - Total Actuarial Cost
- - Covered Compensation
- - Office Occupancy
- - Total Capitalization
- - Revenues
- - Throughput Volumes
- - Number of Customers
- - Number of Employees
- --------------------------------------------------------------------------------
<PAGE> 44
PAGE 44
<TABLE>
<CAPTION>
ANNUAL REPORT OF COLUMBIA GAS SYSTEM SERVICE CORPORATION
For the Year Ended December 31, 1994
- -------------------------------------------------------------------------------------------------------------
ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED
- -------------------------------------------------------------------------------------------------------------
COMPENSATION FOR USE OF CAPITAL
SUMMARY OF BILLING TO ASSOCIATE COMPANIES
Direct &
Allocated Compensation
Company Labor Billed
- -------------------------------------------------------- --------- ------------
$000 $000
<S> <C> <C>
The Columbia Gas System, Inc. .......................... 1,051 340
Columbia Gas Development Corporation ................... 489 158
Columbia Gulf Transmission Company ..................... 972 315
Columbia Energy Services ............................... 85 27
Columbia Propane Corporation ........................... 37 12
TriStar Ventures Corporation ........................... 132 43
Columbia LNG Corporation ............................... 334 108
Columbia Coal Gasification Corporation ................. 17 5
Columbia Gas of Kentucky, Inc. ......................... 313 101
Columbia Gas of Ohio, Inc. ............................. 2,369 766
Columbia Gas of Maryland, Inc. ......................... 96 31
Columbia Gas of Pennsylvania, Inc. ..................... 928 300
Commonwealth Gas Services, Inc. ........................ 424 138
Commonwealth Propane, Inc. ............................. 159 52
Columbia Transmission Investment Company ............... 35 11
TriStar Capital Corporation ............................ 3 1
Columbia Gas Transmission Corporation .................. 3,628 1,175
Columbia Atlantic Trading Corporation .................. 8 3
Columbia Natural Resources, Inc. ....................... 416 135
------- --------
Total ............................................ 11,496 3,721
======= ========
</TABLE>
The above is a summary of the Compensation for Use of Capital billed to
each company. Attached is a sample of the annual statement sent to each
associate companies. Since they are identical except for the amount billed,
the summary is included in lieu of nineteen individual statements (see Page
45).
- --------------------------------------------------------------------------------
<PAGE> 45
PAGE 45
COLUMBIA GAS SYSTEM SERVICE CORPORATION
COMPENSATION FOR USE OF CAPITAL
Billed To
COLUMBIA PROPANE CORPORATION
During 1994
<TABLE>
<CAPTION>
SYSTEM MONTHLY MANAGEMENT
INTEREST DIRECT & RATE D & A LABOR COMPENSATION
BILLING TO NET TOTAL ALLOCATED COL. 3 / BILLED TO BILLED
MONTH PARENT INCOME COMPENSATION LABOR COL. 4 CCA COL. 5 x COL. 6
- --------- ------------ ------------ ------------ ------------- ----------- ----------- ---------------
(1) (2) (3) (4) (5) (6) (7)
<S> <C> <C> <C> <C> <C> <C> <C>
January 95,716.36 151,001.00 246,717.36 774,126.82 31.8704 2,414.82 769.61
February 149,324.68 178,531.00 327,855.68 1,016,118.96 32.2655 3,126.84 1,008.89
March 128,919.90 178,531.00 307,450.90 1,017,883.08 30.2049 3,071.13 927.63
April 142,788.67 178,531.00 321,319.67 901,326.74 35.6496 2,704.05 963.98
May 134,784.64 178,531.00 313,315.64 1,054,299.82 29.7179 2,962.36 880.35
June 138,950.87 178,531.00 317,481.87 962,066.82 33.0000 6,787.91 2,240.01
July 132,939.81 178,532.00 311,471.81 985,909.85 31.5923 2,919.51 922.34
August 137,431.57 178,532.00 315,963.57 926,918.02 34.0875 2,498.91 851.82
September 137,390.35 178,532.00 315,922.35 968,494.68 32.6199 2,577.31 840.72
October 134,300.48 178,532.00 312,832.48 944,142.88 33.1340 2,384.23 789.99
November 139,559.67 178,532.00 318,091.67 1,013,173.82 31.3956 2,953.27 927.20
December 133,698.24 178,532.00 312,230.24 931,259.75 33.5277 2,694.26 903.32
------------ ------------ ------------ ------------- ---------- ----------- ------------
1,605,805.24 2,114,848.00 3,720,653.24 11,495,721.24 32.3655 37,094.60 12,025.86
============ ============ ============ ============= ========== =========== ============
</TABLE>
<PAGE> 46
PAGE 46
SIGNATURE
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.
COLUMBIA GAS SYSTEM SERVICE CORPORATION
By: /s/ D. Furlano
------------------------------------
D. Furlano
Controller
Date: April 17, 1995
- -------------------------------------------------------------------------------
<TABLE> <S> <C>
<ARTICLE> OPUR2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<NET-SERVICE-COMPANY-PROPERTY> 29,446
<TOTAL-INVESTMENTS> 0
<TOTAL-CURRENT-ASSETS> 8,922
<TOTAL-DEFERRED-DEBITS> 22,948
<OTHER-ASSETS-AND-DEBITS> 0
<TOTAL-ASSETS-AND-DEBITS> 61,316
<TOTAL-PROPRIETARY-CAPITAL> 13,179
<TOTAL-LONG-TERM-DEBT> 16,121
<NOTES-PAYABLE> 0
<NOTES-PAYABLE-ASSOCIATE-COMP> 2,119
<OTHER-CURR-AND-ACCRUED-LIAB> 11,948
<TOTAL-DEFERRED-CREDITS> 15,084
<DEFERRED-INCOME-TAX> 2,865
<TOT-LIABIL-AND-PROPRIET-CAP> 61,316
<SERVICES-ASSOCIATE-COMPANIES> 62,452
<SERVICES-NON-ASSOCIATE-COMP> 2
<MISC-INCOME-OR-LOSS> 0
<TOTAL-INCOME> 62,454
<SALARIES-AND-WAGES> 26,046
<EMPLOYEE-PENSION-AND-BENEFIT> 6,648
<OTHER-EXPENSES> 27,618
<TOTAL-EXPENSES> 60,312
<NET-INCOME> 2,142
<TOTAL-EXPENSES-DIRECT-COST> 43,353
<TOTAL-EXPENSES-INDIRECT-COST> 13,034
<TOT-EXP-DIRECT-AND-INDIRECT> 56,387
<PERSONNEL-END-OF-YEAR> 405
</TABLE>
