SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 10-Q/A
Amendment No. 1
(Mark One)
__
| X| QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
-- SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended December 31, 1994
-------------------
OR
__
|__| TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from_________________ to ____________
Commission File Number 0-10618
----------------------------------------
Allegheny & Western Energy Corporation
- ---------------------------------------------------------------
(Exact name of registrant as specified in its charter)
West Virginia 55-0612692
- ---------------------------------------------------------------
(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
300 Capitol Street, Suite 1600, Charleston, WV 25301
- ---------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(304) 343-4567
- ---------------------------------------------------------------
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has
filed all reports required to be filed by Section 13 or 15(d)
of the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports) and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
----- -----
As of February 13, 1995, 7,479,360 shares of
registrant's Common Stock, par value $.01 per share, were
outstanding.
<PAGE>
ALLEGHENY & WESTERN ENERGY CORPORATION
AND SUBSIDIARIES
Table of Contents
Statement of Amendment Pg. 3
Part II. Other Information
Item 6 - Exhibits and Reports on Form 8-K Pg. 4
Signature Page Pg. 5
<PAGE>
PART II
Item 6. Exhibits and Reports on Form 8-K
Item 6 of Allegheny & Western Energy Corporation's Quarterly
Report on Form 10-Q for the period ended December 31, 1994 (the
"Report") is hereby amended in order to properly attach Exhibit
27.1, the Financial Data Schedule, thereto. Exhibit 27.1 was
previously filed but incorrectly attached to the Report. In
accordance with the rules of the Securities and Exchange
Commission, Item 6 is hereby restated in full and Exhibit 27.1
is properly attached to the Report as an Exhibit. No
other change in the Report is being effected hereby.
<PAGE>
Part II. OTHER INFORMATION
Item 6 - Exhibits and Reports on Form 8-K
(a) Exhibits
10.25 - Amended and Restated Agreement, dated October
31, 1994, by and among Allegheny & Western
Energy Corporation, PNC Bank, N.A. and One
Valley Bank, N.A. and PNC Bank, N.A. as agent.
27.1 - Financial Data Schedule
(b) Reports on Form 8-K
Financial
Date of Report Item Reported Statements Filed
September 29, 1994 Item 5 No
<PAGE>
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly
authorized.
ALLEGHENY & WESTERN ENERGY CORPORATION
(Registrant)
Date: March 21, 1995 By: /s/ W. Merwyn Pittman
W. Merwyn Pittman,
Vice President, Chief
Financial Officer
and Treasurer
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted
from the Condensed Consolidated Balance Sheet as of December 31,
1994 and the Condensed Consolidated Statement of Income for the
Six Month Period Ended December 31, 1994, and is qualified in
its entirety by reference to such financial statements.
(Multiplier of 1,000 except per share amount.)
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 112,652
<OTHER-PROPERTY-AND-INVEST> 39,100
<TOTAL-CURRENT-ASSETS> 67,608
<TOTAL-DEFERRED-CHARGES> 14,662
<OTHER-ASSETS> 1,726
<TOTAL-ASSETS> 234,748
<COMMON> 81
<CAPITAL-SURPLUS-PAID-IN> 36,788
<RETAINED-EARNINGS> 70,221
<TOTAL-COMMON-STOCKHOLDERS-EQ> 101,808
0
0
<LONG-TERM-DEBT-NET> 25,805
<SHORT-TERM-NOTES> 31,508
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 6,050
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 70,577
<TOT-CAPITALIZATION-AND-LIAB> 235,748
<GROSS-OPERATING-REVENUE> 81,389
<INCOME-TAX-EXPENSE> 61
<OTHER-OPERATING-EXPENSES> 78,829
<TOTAL-OPERATING-EXPENSES> 78,890
<OPERATING-INCOME-LOSS> 2,499
<OTHER-INCOME-NET> 170
<INCOME-BEFORE-INTEREST-EXPEN> 2,669
<TOTAL-INTEREST-EXPENSE> 2,521
<NET-INCOME> 148
0
<EARNINGS-AVAILABLE-FOR-COMM> 148
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (5,483)
<EPS-PRIMARY> .02
<EPS-DILUTED> .0
</TABLE>
