SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
In the matter of )
)
EASTERN UTILITIES ASSOCIATES )
Boston, Massachusetts )
)
EUA COGENEX CORPORATION ) Certificate of
Lowell, Massachusetts ) Notification
) Pursuant to
) Rule 24
(70-8255) )
)
(Public Utility Holding Company Act of 1935) )
Eastern Utilities Associates and its wholly-owned subsidiary, EUA
Cogenex Corporation, in accordance with the Order of the Securities
and Exchange Commission entered in the above matter on December 8,
1993 (Release No. 35-25941), hereby certify pursuant to Rule 24 that:
(i) the initial closing of the acquisition of James L. Day Co., Inc.
by merger into EUA Cogenex Corporation, pursuant to which James L. Day
Co., Inc. became the EUA/Day division of EUA Cogenex Corporation, and
(ii) the post-closing purchase price adjustment for the above-
referenced acquisition, all as described in the Application-
Declaration, as amended, and filed in said matter were carried out on
December 20, 1993 and on April 29, 1994, respectively, in accordance
with the terms and conditions of and for the purposes represented by
said Application-Declaration, as amended, and said Order with respect
thereto; and enclosed herewith for filing pursuant to the above-
referenced Order are the statement of cash flows, the income statement
and the balance sheet of the EUA/Day division of EUA Cogenex
Corporation for the quarter ended March 31, 1994.
EASTERN UTILITIES ASSOCIATES
By: /s/ Clifford J. Hebert, Jr.
Clifford J. Hebert, Jr.
Treasurer
EUA COGENEX CORPORATION
By: /s/ Basil G. Pallone
Basil G. Pallone
Vice President
Dated: May 17, 1994
EUA DAY
BALANCE SHEET
MARCH 31, 1994
($ IN THOUSANDS)
ASSETS
Current assets:
Cash and cash equivalents 290
Customer accounts receivable 1,546
Inventory 329
Prepayments and other current assets 23
Total current assets 2,188
Property and equipment 1,489
Less: accumulated amortization (613)
Net property and equipment 876
Other non current assets:
Deferred debits 132
Other 0
132
Total assets 3,196
LIABILITIES
Current liabilities:
Accounts payable - trade 585
- associated companies 11
Notes payable 1,067
Accrued taxes 0
Miscellaneous current liabilities 294
Total current liabilities 1,957
Other non current liabilities:
Deferred credits 0
Accumulated deferred income taxes 0
Total other non current liabilities 0
Retained Earnings 1,239
Total liabilities and equity 3,196
EUA DAY
INCOME STATEMENT
THREE MONTHS ENDED
MARCH 31, 1994
(In thousands)
Operating Revenues $1,559
Cost of Goods Sold 975
Gross Profit 584
Operating Expenses 447
Income from Operations 137
Other Income 0
Interest Expense:
Interest Debt 19
Other Interest 0
Total Interest Expense 19
Net Income $118
EUA DAY
STATEMENT OF CASH FLOWS
FOR THE THREE MONTHS ENDED MARCH 31, 1994
(IN THOUSANDS)
Cash flow from operating activities:
Net income $118
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation and amortization 17
Other - net
Changes in operating assets and liablilties (95)
Net cash provided from operating activities 40
Cash flow from investing activities:
Construction expenditures (9)
Net cash used in investing activities (9)
Cash flow from financing activities:
Net increase in short-term debt 100
Net cash provided from financing activities 100
Net increase in cash and cash equivalents 131
Cash and cash equivalents at beginning of year 159
Cash and cash equivalents at end of year $290
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest, net of amounts capitalized $0
