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 balance sheet, the income statement, and the
statement of cash flows of the EUA/Day division of EUA Cogenex
Corporation for the quarter ended September 30, 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: November 15, 1994
EUA DAY
BALANCE SHEET
SEPTEMBER 30, 1994
($ IN THOUSANDS)
ASSETS
Current assets:
Cash and cash equivalents 144
Customer accounts receivable 1,362
Other accounts receivable 33
Notes receivable 321
Inventory 18
Total current assets 1,878
Property and equipment 1,910
Less: accumulated amortization (647)
Net property and equipment 1,263
Total assets 3,141
EUA DAY
BALANCE SHEET
SEPTEMBER 30, 1994
($ IN THOUSANDS)
LIABILITIES
Current liabilities:
Accounts payable - other 568
- associated companies 77
Notes payable 1,177
Accrued taxes 3
Miscellaneous current liabilities 75
Total current liabilities 1,900
Other non current liabilities:
Deferred credits 12
Total other non current liabilities 12
Paid in Capital 1,097
Retained Earnings 132
Total liabilities and equity 3,141
EUA DAY
INCOME STATEMENT
NINE MONTHS ENDED
SEPTEMBER 30, 1994
(In Thousands)
Operating Revenues $4,664
Cost of Goods Sold 3,096
Gross Profit 1,568
Operating Expenses 1,402
Income from Operations 166
Other Income 0
Interest Expense:
Interest Debt 60
Other Interest (2)
Total Interest Expense 58
Net Income $108
EUA DAY
STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1994
(In Thousands)
Cash flow from operating activities:
Net income $108
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation and amortization 50
Other - net (251)
Changes in operating assets and liabilities (103)
Net cash used in operating activities (196)
Cash flow from investing activities:
Construction expenditures (28)
Net cash used in investing activities (28)
Cash flow from financing activities:
Net increase in short-term debt 210
Net cash provided from financing activities 210
Net increase in cash and cash equivalents (14)
Cash and cash equivalents at beginning of year 158
Cash and cash equivalents at end of year $144
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest, net of amounts capitalized $0
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