<TABLE>
<CAPTION>
ITEM 1 - ORGANIZATION CHART
NAME OF ENERGY OR PERCENTAGE OF
REPORTING GAS RELATED DATE OF STATE OF VOTING NATURE OF
COMPANY COMPANY ORGANIZATION ORGANIZATION SECURITIES HELD BUSINESS
<S> <C> <C> <C> <C> <C>
EUA Compression Services Inc. Energy Related 5/23/97 Massachusetts 100 electro-
technologies
AllQuest Compressor Services,
L.L.C. * Energy Related 5/23/97 Delaware 9.9 electro-
technologies
* EUA Energy Investment Corporation and Phillips Development have agreed to discontinue Allquest
Compression Services, LLC. Financials statements for Allquest are not included in this filing.
</TABLE>
<TABLE>
<CAPTION>
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
($ in 000's)
COMPANY TYPE OF PRINCIPAL PERSON TO COLLATERAL CONSIDERATION
ISSUING SECURITY AMOUNT OF ISSUE OR COST OF WHOM SECURITY GIVEN WITH RECEIVED FOR
SECURITY ISSUED SECURITY RENEWAL CAPITAL WAS ISSUED SECURITY EACH SECURITY
<S> <C> <C> <C> <C> <C> <C> <C>
EUA Energy short term 337 issue 5.98% EUA Compression
Investment notes Services
</TABLE>
AMOUNT OF
COMPANY COMPANY CAPITAL
CONTRIBUTING RECEIVING CONTRIBUTION
CAPITAL CAPITAL (000's)
None.
ITEM 3 - ASSOCIATE TRANSACTIONS
Part I - Transactions performed by reporting companies on behalf of
associate companies.
REPORTING ASSOCIATE
COMPANY COMPANY TYPES OF DIRECT INDIRECT TOTAL
RENDERING RECEIVING SERVICES COSTS COSTS COST OF AMOUNT
SERVICES SERVICES RENDERED CHARGED CHARGED CAPITAL BILLED
None.
Part II - Transactions performed by associate companies on behalf of
reporting companies.
REPORTING ASSOCIATE
COMPANY COMPANY TYPE OF DIRECT INDIRECT TOTAL
RENDERING RECEIVING SERVICES COSTS COSTS COST OF AMOUNT
SERVICES SERVICES RENDERED CHARGED CHARGED CAPITAL BILLED
EUA Service EUA Compression labor $2,684 $2,684
Corporation Services, Inc.
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
($ IN 000'S)
INVESTMENTS IN ENERGY-RELATED COMPANIES:
TOTAL CONSOLIDATED CAPITALIZATION AS OF 12/31/98 718,915 (line 1)
TOTAL CAPITALIZATION AS MULTIPLIED BY 15% 107,837 (line 2)
(line 1 multiplied by 0.15)
GREATER OF $50 MILLION OR line 2 107,837 (line 3)
TOTAL CURRENT AGGREGATE INVESTMENT:
EUA Compression Services Inc. (Electrotechnologies) 337
TOTAL CURRENT AGGREGATE INVESTMENT 337 (line 4)
DIFFERENCE BETWEEN THE GREATER OF $50 MILLION
OR 15% OF CAPITALIZATION AND THE TOTAL
AGGREGATE INVESTMENT OF THE REGISTERED
HOLDING COMPANY SYSTEM (line 3 less line 4) 107,500 (line 5)
ITEM 5 - OTHER INVESTMENTS
MAJOR LINE OF OTHER INV. OTHER INV REASON FOR
ENERGY-RELATED IN LAST IN THIS DIFFERENCE IN
BUSINESS U-9C-3 REPORT U-9C-3 REPORT OTHER INV.
None.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements
EUA Compression Services, Inc.
Balance Sheet
(In thousands)
December 31, 1998
(unaudited)
ASSETS
Non-Utility Property:
Other Investments & Notes Recievable 14
Total Non-utility Property 14
Current Assets
Accounts Recievable - Other 57
Total Currents Assets 57
Total Assets $71
LIABILITIES
Unapprop. Retained Earnings $(256)
Total Capitalization (256)
Current Liabilities
Notes Payable 337
Accounts Payable 43
Interest Accrued 19
Total Current Liabilities 399
Accumulated Deferred Taxes (72)
Total Liabilities $71
EUA Compression Services, Inc.
Income Statement
(In thousands)
For the quarter and year-to-date periods ended December 31, 1998
(unaudited)
3 Months Ended Year to date
December 31, 1998 December 31, 1998
Operations expense 0 10
Depreciation and amortization 1 4
Total operating expense 1 14
Operating Income (1) (14)
Other Income & Deductions (135) (162)
Income before Interest Charges(136) (176)
Interest Charges 5 19
Net Income (141) (195)
B. Exhibits
1. Certificate of Notification
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
- ---------------------------------------------
In the Matter of :
:
EASTERN UTILITIES ASSOCIATES (EUA) :
:
BOSTON, MA : Certificate of
: Notification
: Pursuant to
: Form U-9C-3
:
:
(Public Utility Holding Company Act of 1935):
- ---------------------------------------------
In accordance with the terms and conditions of Rule 58 under
the Public Utility Holding Company Act of 1935, and the Order of
the Commission dated February 14, 1997 Release No. 35-26667 (the "Order"),
the undersigned hereby encloses herewith for filing pursuant to the above-
referenced Order for the period ended December 31, 1998. A copy of this filing
has been sent to:
Massachusetts Department of Telecommunications & Energy
100 Cambridge Street
Boston, MA 02202
and
Rhode Island Public Utilities Commission
100 Orange Street
Providence, RI 02903
Very truly yours,
EASTERN UTILITIES ASSOCIATES
By: /s/ Clifford J. Hebert, Jr.
Clifford J. Hebert, Jr.
Treasurer
Date: March 31, 1999
<TABLE> <S> <C>
<ARTICLE> OPUR1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 14
<TOTAL-CURRENT-ASSETS> 57
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 71
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 0
<RETAINED-EARNINGS> 0
<TOTAL-COMMON-STOCKHOLDERS-EQ> (256)
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 337
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> (10)
<TOT-CAPITALIZATION-AND-LIAB> 71
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0
<OTHER-OPERATING-EXPENSES> 14
<TOTAL-OPERATING-EXPENSES> 14
<OPERATING-INCOME-LOSS> (14)
<OTHER-INCOME-NET> (162)
<INCOME-BEFORE-INTEREST-EXPEN> (176)
<TOTAL-INTEREST-EXPENSE> 19
<NET-INCOME> (195)
0
<EARNINGS-AVAILABLE-FOR-COMM> (195)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (205)
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
