SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
In the matter of )
) Certificate of
EASTERN UTILITIES ASSOCIATES ) Notification
Boston, Massachusetts ) Pursuant to
) Rule 24
(70-8769) )
)
Public Utility Holding Company )
Act of 1935 (the Act) )
Enclosed herewith for filing by Eastern Utilities Associates on behalf of
its wholly-owned subsidiary, EUA Energy Services, Inc., in accordance with
the Orders of the Securities and Exchange Commission entered in the above
matter on October 2, 1996 (Release No. 35-26586), March 14, 1996 (Release No.
35-26493), and May 23, 1996 (Release No. 35-26519), and pursuant to Rule 24,
are the balance sheet, the income statement, and statement of cash flows for
the period ended September 30, 1996 of Duke/Louis Dreyfus Energy Services
(New England) LLC and such other information required to be filed by said
orders.
EASTERN UTILITIES ASSOCIATES
By: /s/ Clifford J. Hebert, Jr.
Clifford J. Hebert, Jr.
Treasurer
Dated: November 27, 1996
Duke/Louis Dreyfus Energy Services (New England) LLC
Financial Statements through September 30, 1996
Duke/Louis Dreyfus Energy Services (New England) LLC
Balance Sheet
September 30, 1996
(Unaudited)
ASSETS
Assets:
Trade Accounts Receivable $738
TOTAL ASSETS $738
LIABILITIES
Liabilities and Members Equity:
Current Liabilities
Accounts Payable $904
Total Current Liabilities $904
Other Liabilities:
Due to members 139,867
Total Other Liabilities 139,867
Members' Equity (deficit)
Duke/Louis Dreyfus LLC (98,023)
EUA Energy Services, Inc. (42,010)
Total Members' Equity (deficit) (140,033)
TOTAL LIABILITIES AND MEMBERS' EQUITY $738
Duke/Louis Dreyfus Energy Services (New England) LLC
CONDENSED INCOME STATEMENT
For the Quarter and YTD September 30, 1996
(Unaudited)
QUARTER ENDED YTD
Sales $738 $738
Less: Cost of Sales 904 904
Gross Profit (loss) (166) (166)
Operating Expenses:
General and Administrative Expenses 139,792 139,792
Interest Expenses 75 75
Total Expenses (Net) 139,867 139,867
Net Income (Loss) ($140,033) ($140,033)
Duke/Louis Dreyfus Energy Services (New England) LLC
STATEMENT OF CASH FLOWS
For the Nine Months Ended September 30, 1996
(Unaudited)
Operating Activities:
Net Loss ($140,033)
Change in Current Assets and Liabilities 166
Net cash (used in) operating activities (139,867)
Financing Activities:
Advances from members 139,867
Net cash provided from
Financing Activities 139,867
Cash at September 30, 1996 0
Duke/Louis Dreyfus Energy Services (New England) LLC
THIRD QUARTER 1996
(ii) Statement of revenues.
All revenues are attributed to brokering electric power.
(iii) Derivative Transactions.
None.
(iv) Types of services provided by EUA Service Corporation (EUASC):
Services were provided by (10) EUASC personnel in the following areas:
Marketing and administrative services
Total EUASC charges through September 30, 1996.
$90,778
All EUASC charges are billed at cost in compliance with Rules 90 and 91
under the Act.
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