SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U5S/A
AMENDMENT NO. 2
TO
ANNUAL REPORT
FOR THE YEAR ENDED DECEMBER 31, 1998
Filed pursuant to the
Public Utility Holding Company Act of 1935 by
INTERSTATE ENERGY CORPORATION
(DOING BUSINESS AS ALLIANT ENERGY CORPORATION)
222 West Washington Avenue
Madison, Wisconsin 53703
(Name and address of each registered holding company in the system)
<PAGE>
CONTENTS
Item Page
---- ----
1. System Companies and Investments Therein as of December 31, 1998 3
2. Acquisitions or Sales of Utility Assets 6
3. Issue, Sale, Pledge, Guarantee or Assumption of System Securities 7
4. Acquisition, Redemption or Retirement of System Securities 9
5. Investments in Securities of Nonsystem Companies 18
6. Officers and Directors
Part I. Name, Principal Business Address and Positions Held
as of December 31, 1998 19
Part II. Financial Connections as of December 31, 1998 35
Part III. Compensation and Other Related Information 35
7. Contributions and Public Relations 37
8. Service, Sales and Construction Contracts
Part I. Intercompany Sales and Service 38
Part II. Contracts to Purchase Services or Goods Between
any System Company and any Affiliate 38
Part III. Employment of any Person by any System Company
for the Performance on a Continuing Basis of
Management Services 38
9. Wholesale Generators and Foreign Utility Companies 39
10. Financial Statements and Exhibits 44
Consolidating Financial Statements and Notes 44
Exhibits 44
Signature 52
2
<PAGE>
ITEM 1. SYSTEM COMPANIES AND INVESTMENTS THEREIN AS OF DECEMBER 31, 1998
<TABLE>
<CAPTION>
NUMBER OF
COMMON % OF ISSUER/OWNER
SHARES VOTING BOOK VALUE
NAME OF COMPANY OWNED POWER (in
thousands)
- ---------------------------------------------------------------------------------- ------------- ---------- --------------
INTERSTATE ENERGY CORPORATION (d/b/a Alliant Energy Corporation)
<S> <C> <C> <C>
IES UTILITIES INC. (IESU) 13,370,788 100% $587,841
IES Ventures Inc. 1,000 100% 315
IES Midland Development Inc. 1,000 100% 4,857
M&I Services Partnership (*) 33% 44
EnviroGas L.P. (*) 50% Nominal
WISCONSIN POWER & LIGHT COMPANY (WP&L) 13,236,601 100% 559,930
South Beloit Water, Gas & Electric Company 24,400 100% 4,500
Wisconsin River Power Company 93,000 33% 14,683
Wisconsin Valley Improvement Company 155,100 12% 1,793
INTERSTATE POWER COMPANY (IPC) 9,777,432 100% 229,533
IPC Development Company 7,550 100% 1,894
McLeodUSA Inc. (14% owned by Alliant Energy Investments, Inc.) 45,000 - 462,806
ALLIANT ENERGY CORPORATE SERVICES, INC. (f/k/a Alliant Services Company) 100 100% -
ALLIANT ENERGY RESOURCES, INC. (f/k/a Alliant Industries, Inc.) 100 100% 306,388
Capital Square Financial Corporation (Cap. Square) 200 100% 8,349
Henwood Energy Services, Inc. 2,977 17% 3,873
Heartland Environmental Holding Company 1,985,746 100% 16,177
RMT, Inc. 100 100% 18,921
Residual Management Technology, Inc., Ohio 48 48% -
RMT, Inc., North Carolina 1,000 100% -
Marshfield Tower Hall Apartments, L.P. (Other 1% owned by
Heartland Properties, Inc.) (*) 99% 1,037
RMT, Inc., Michigan 100 100% -
Jones & Neuse, Inc. (**) 1,000 100% -
Quality Environmental Systems, Inc. (**) 100 100% (305)
RMT International, Inc. 1,000 100% -
Entra Technologies Company (**) 1,000 100% (174)
Heartland Energy Group, Inc. 1,000 100% 2,176
IEA-HES L.L.C.(Other 50% owned by Industrial Energy (*) 50% 3,655
Applications, Inc.)
Heartland Energy Services, Inc. 700 100% 3
WPLH Commodities Trading L.L.C. (Other 83% owned by Heartland
Properties, Inc.) (*) 17% 2,236
Cargill-Alliant L.L.C. (*) 50% 4,553
Heartland Properties, Inc. (HPI) 100 100% 36,887
WPLH Commodities Trading L.L.C. (Other 17% owned by Heartland
Energy Services, Inc.) (*) 83% 2,236
Marshfield Tower Hall Apartments, L.P. (Other 99% owned by
RMT, Inc.) (*) 1% 1,037
Alliant Energy Industrial Services, Inc. (f/k/a IES Energy Inc.) 1,000 100% 40,228
Whiting Petroleum Corporation (Whiting) 1,000 100% 27,974
3
<PAGE>
Whiting Programs 100 100% 25,253
WOK Acquisition Company 1,000 100% 3,845
WAH Royalty Company 100 100% 2,570
Whiting - Golden Gas Production Company (***) (f/k/a
Golden Gas Production Company 4,900 100% 8,094
Ely, Inc. (**) 500 69% -
Industrial Energy Applications, Inc. (IEA) 100,000 100% 11,718
IEA-HES L.L.C. (Other 50% owned by Heartland Energy (*) 50% 3,655
Group, Inc.)
BFC Gas Company L.L.C. (*) 60% 3,351
Industrial Energy Applications Delaware Inc. 1 100% 9,214
Oakhill Pipeline L.P. (*) 99% 9,307
Energys, Inc. (f/k/a Enserv) 10 100% 2,187
Schedin & Associates, Inc. (***) 100 100% (27)
Alliant Energy Transportation, Inc. (f/k/a IES Transportation Inc.) 1,000 100% 16,711
IEI Barge Services Inc. (Barge) 314 75% 2,937
Transfer Services, Inc. (Transfer)(f/k/a IES Transfer Services Inc.) 1,000 100% 1,044
Cedar Rapids & Iowa City Railway Company (CRANDIC) 1,000 100% 13,173
Heartland Rail Corporation 11,409 18% 18,190
Alliant Energy Investments, Inc. (Investments) (f/k/a IES 1,000 100% 198,505
Investments, Inc.)
Village Lakeshares Inc. 10 100% 2,134
Village Lakeshares, L.P. (Other 33% owned by Alliant
Energy Investments, Inc.) (*) 67% 3,180
Iowa Land and Building Company 2,000 100% 3,128
Prairie Ridge Business Park, L.P. (*) 70% 1,057
McLeodUSA Inc. (Alliant Energy Investments Inc. also owns 8,977,600 14% 462,806
1,300,688 Options in McLeodUSA Inc.)
Blairs Ferry Limited Partnership (*) 85% 497
Alliant Energy Investco, Inc. (Investco) (f/k/a IES Investco 1,000 100% 695
Inc.)
2001 Development Corporation 825,000 55% 7,613
2002 Development Corporation 1 55% 120
Center Place Limited Partnership (29% owned by Alliant
Energy Investments, Inc.) (*) 19% 84
2060 Partnership, L.P. (*) 44% 1,858
3001 L.L.C. (*) 27% 2,903
Center Place Limited Partnership (19% owned by 2001 Development
Corporation) (*) 29% 84
Sawyer Finance Limited 2 100% 9,321
Powerco Limited (10% owned by Alliant International New
Zealand Limited) 3,487,920 7% 120,600
OSADA I Limited Partnership (*) 58% 4,139
Atlantic-Sundance Apartments, Limited Partnership (***) (*) 100% 1,065
Village Lakeshares, L.P. (Other 67% owned by Village (*) 33% 3,180
Lakeshares, Inc.)
Alliant Energy International, Inc. (f/k/a IES International, Inc.) 1,000 100% 5,021
IES Brazil Limitada (**) 49,998 100% 42
Quotas
Interstate Energy Corporation PTE Limited 100% 27,440
2
Jiaxing JIES Power & Heat Company, Limited Registered 50% 27,919
Capital
Tongxiang TIES Power & Heat Company, Limited Registered 50% 24,196
Capital
Alliant Energy Brazil, Inc. (f/k/a IES Brazil Inc.) 1,000 100% 1
Centelha do Oeste Empreendimentos E Participacoes S/C 100 A Quotas
Limitada 100 B Quotas 20% 1
4
<PAGE>
(Other 80% owned by Alliant Energy International, Inc.)
Alliant Do Brasil Limitada (Other 100% owned by Centelha
do Oeste 1 Quota - 1
Empreendimentos E Participacoes S/C Limitada)
Alliant International New Zealand Limited (New Zealand) 24,858,503 100% 22,931
Central Power Limited 4,525,426 10% 60,347
Powerco Limited (7% owned by Sawyer Finance Limited) 5,120,154 10% 120,600
Grandelight Holding Limited 100,000 100% 3,595
Peak Pacific Investment Co. PTE Limited (***) 495 Voting
Preference
"A"
7,640,063 65% 8,819
Non- Voting
Pref. "A"
Shijiazhuang Chengfeng Cogen Co. Limited (***) Registered 46% 6,291
Capital
Handan Chengfeng Heat and Power Co. Limited (***) Registered 49% 1,233
Capital
Jinan Yaqing Heat and Power Co. Limited (***) Registered 43% 170
Capital
Peak Pacific Investment Co. (Labuan) BHD (***) 2 65% (54)
Centelha do Oeste Empreendimentos E Participacoes S/C Limitada 800 "A"
(Other 20% owned by Alliant Energy Brazil, Inc.) Quotas 80% 1
Alliant Do Brasil Limitada (Also owned by Alliant Energy 999 Quotas 100% 1
Brazil, Inc.)
Alliant Energy de Mexico, S. de R.L. de C.V. (Also owned by 2,999
Alliant Participation 100% -
Energy de Mexico, L.L.C.) (***) Units
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. 2,999
(Also owned by Alliant Energy de Mexico, L.L.C.) (***) Participation 100% -
Units
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. 2,999
(Also owned by Alliant Energy de Mexico, L.L.C.) (***) Participation 100% -
Units
Alliant Energy de Mexico, L.L.C. (***) (*) 100% -
Alliant Energy de Mexico, S. de R.L. de C.V. 1
(Other 100% owned by Alliant Energy International, Inc.) Participation - -
(***) Unit
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. 1
(Other 100% owned by Alliant Energy de Mexico, S. de Participation
R.L. Unit - -
de C.V. (***)
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. 1
(Other 100% owned by Alliant Energy de Mexico, S. de Participation
R.L. Unit - -
de C.V. (***)
</TABLE>
* Noncorporate subsidiaries (Partnerships, limited partnerships, limited
liability companies, etc.)
** Inactive
*** Subsidiaries added during the year ended December 31, 1998 (described
below):
5
<PAGE>
<TABLE>
<CAPTION>
JURISDICTION DATE DATE
OF OF OF
NAME OF COMPANY ORGANIZATION ORGANIZATION ACQUISITION DESCRIPTION OF BUSINESS
- ------------------------------------ -------------- -------------- -------------- ------------------------------------------
<S> <C> <C> <C> <C>
Whiting - Golden Gas Production State of 11/20/89 12/29/98 Purpose of the company is to operate
Company Oklahoma various gas and oil wells primarily
located in Oklahoma.
Schedin & Associates, Inc. State of 6/22/82 11/24/98 Purpose of the company is to provide
Minnesota consulting services aimed at reducing
energy costs to large industrial,
institutional and commercial firms.
Atlantic-Sundance Apartments, State of 3/1/98 3/1/98 Purpose of the company is to invest in
Limited Missouri an affordable housing project.
Partnership
Peak Pacific Investment Co. PTE Republic of 12/14/96 3/13/98 Purpose of the company is to invest in
Limited Singapore the power generation industry in Asia
with a primary focus on the People's
Republic of China
Shijiazhuang Chengfeng Cogen Co. People's 9/13/97 3/13/98 Purpose of the company is to construct
Limited Republic of and operate a heat and power plant.
China
Handan Chengfeng Heat and Power Co. People's 3/31/98 3/31/98 Purpose of the company is to construct
Limited Republic of and operate a heat and power plant.
China
Jinan Yaqing Heat and Power Co. People's 3/23/98 3/23/98 Purpose of the company is to construct
Limited Republic of and operate a heat and power plant.
China
Peak Pacific Investment Co. Malaysia Not readily 3/13/98 Purpose of the company is to develop
(Labuan) available power generation assets in Asia; borrow
BHD
Alliant Energy de Mexico, S. de Mexico 12/31/98 12/31/98 Purpose of the company is to invest in
R.L. de businesses primarily located in Mexico.
C.V.
Alliant Energy Operaciones de Mexico 12/31/98 12/31/98 Purpose of the company is to provide
Mexico, infrastructure and environmental
S. de R.L. de C.V. services.
Alliant Energy Servicios de Mexico 12/31/98 12/31/98 Purpose of the company is to provide
Mexico, infrastructure and environmental
S. de R.L. de C.V. services.
Alliant Energy de Mexico, L.L.C. State of 11/20/98 11/20/98 Purpose of the company is to invest in
Delaware businesses primarily located in Mexico.
</TABLE>
ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS
Information concerning acquisitions or sales of utility assets by System
companies not reported in a certificate filed pursuant to Rule 24 are as
follows:
None
6
<PAGE>
<PAGE>
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
<TABLE>
<CAPTION>
PRINCIPAL AMOUNT
NAME OF ISSUER OR STATED VALUE
----------------
AND NAME OF COMPANY ISSUED
TITLE OF ISSUE ISSUING OR SELLING SECURITIES AND SOLD
- ----------------------------------------- ------------------------------ ----------------
<S> <C> <C>
Wisconsin Power & Light Company Wisconsin Power & Light Co. $60,000,000
5.70% Debentures, Series 1998, Due
October 15, 2008
City of Chillicothe, Iowa IES Utilities Inc. 10,000,000
4.25% Variable/Fixed Rate Demand Pollution
Control Refunding Revenue Bonds
(IES Utilities Inc. Project)
Series 1998, Due November 1, 2023
City of Lansing, Iowa Interstate Power Company 2,300,000
4.30% Variable/Fixed Rate Demand Pollution
Control Refunding Revenue Bonds
(Interstate Power Company Project)
Series 1998, Due November 1, 2008
City of Dubuque, Iowa Interstate Power Company 2,650,000
4.30% Variable/Fixed Rate Demand Pollution
Control Refunding Revenue Bonds
(Interstate Power Company Project)
Series 1998, Due November 1, 2005
</TABLE>
<TABLE>
<CAPTION>
PROCEEDS
NAME OF ISSUER BEFORE
AND DATE OF ISSUANCE COMMISSION
TITLE OF ISSUE TRANSACTION EXPENSES AUTHORIZATION
- ----------------------------------------- ---------- -------------- ---------------------------
<S> <C> <C> <C>
Wisconsin Power & Light Company 10/30/98 $59,947,800 Rule 52 (See certificate of
5.70% Debentures, Series 1998, Due notification on Form
October 15, 2008 U-6B-2 filed on
November 10, 1998)
City of Chillicothe, Iowa 11/30/98 10,000,000 Rule 52 (See certificate of
4.25% Variable/Fixed Rate Demand Pollution notification on Form U-1
Control Refunding Revenue Bonds filed on October 9, 1998)
(IES Utilities Inc. Project)
Series 1998, Due November 1, 2023
City of Lansing, Iowa 11/30/98 2,300,000 Rule 52 (See certificate of
4.30% Variable/Fixed Rate Demand Pollution notification on Form U-1
Control Refunding Revenue Bonds filed on October 13, 1998)
(Interstate Power Company Project)
Series 1998, Due November 1, 2008
City of Dubuque, Iowa 11/30/98 2,650,000 Rule 52 (See certificate of
4.30% Variable/Fixed Rate Demand Pollution notification on Form U-1
Control Refunding Revenue Bonds filed on October 13, 1998)
(Interstate Power Company Project)
Series 1998, Due November 1, 2005
</TABLE>
7
<PAGE>
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
(CONTINUED)
The following items are recurring transactions of system companies:
<TABLE>
<CAPTION>
EFFECTIVE
NAME OF ISSUER NAME OF COMPANY TOTAL DATE OF AVERAGE
AND ISSUING OR SELLING BALANCE AT HIGHEST HIGHEST INTEREST
TITLE OF ISSUE SECURITIES YEAR END BALANCE BALANCE RATE
- ---------------------------- ------------------------------------------- -------------- ----------- -----------
<S> <C> <C> <C> <C> <C>
Interstate Energy Corporation Interstate Energy $64,500,000 $77,500,000 10/31/98 5.55%
Commercial Paper Corporation
Alliant Energy Resources, Alliant Energy Resources, 252,505,000 264,450,000 11/30/98 5.70%
Inc. Commercial Paper Inc.
8
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES
</TABLE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
City of Chillicothe, Iowa IES Utilities Inc. $10,000,000 $10,000,000 E Rule 42
5.95% Pollution Control
Revenue Bonds
(Iowa Southern Utilities
Company Project)
Series 1977, Due
February 1, 2007
City of Salix, Iowa IES Utilities Inc. 140,000 140,000 D No authorization
5.75% Pollution Control
Revenue Bonds required
(Iowa Southern Utilities
Company Project)
Series 1973, Due serially
June 1, 1999 to 2003
City of Salix, Iowa Interstate Power 300,000 300,000 D No authorization
6-3/8% Pollution Control Company
Revenue Bonds required
(Interstate Power Company
Project)
Series 1977, Due serially
April 1, 1999 to 2007
City of Sherburn, Minnesota Interstate Power 150,000 150,000 D No authorization
6-3/8% Pollution Control Company
Revenue Bonds required
(Interstate Power Company
Project)
Series 1977, Due serially
April 1, 1999 to 2007
City of Dubuque, Iowa Interstate Power 2,650,000 2,650,000 E No authorization
5.95% Pollution Control Company
Revenue Bonds required
(Interstate Power Company
Project)
Series 1973, Due
December 1, 1998
Town of Lansing, Iowa Interstate Power 2,300,000 2,300,000 E No authorization
5.95% Pollution Control Company
Revenue Bonds required
(Interstate Power Company
Project)
Series 1973, Due
December 1, 1998
City of Clinton, Iowa Interstate Power 900,000 900,000 E No authorization
5.95% Pollution Control Company
Revenue Bonds required
(Interstate Power Company
Project)
Series 1973, Due
December 1, 1998
Wisconsin Power & Light Wisconsin Power & 8,899,000 8,899,000 E Rule 42
Company Light Company
6.25% First Mortgage Bonds
Series L, Due August 1998
Oak Hill Pipeline, L.P. Oak Hill Pipeline,
- ----------------------- L.P. 13,209 13,209 D Rule 42
Note 8.74% - Bank One
Due August 15, 2001
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Center Place Limited Center Place Limited
Limited Partnership Limited Partnership
- ---------------------
Note 1 - Norwest Bank 23,670 23,670 D Rule 42
8.125%, Due November 2013
Note 2 - Norwest Bank 7,126 7,126 D Rule 42
8.125%, Due November 2013
RMT, Inc. RMT, Inc.
- ---------
Note - American Family Life
Insurance Company 512,480 512,480 D Rule 42
7.85%, Due April 2005
Marshfield Tower Hall Marshfield Tower Hall
Apartments, LP Apartments, LP
- ---------------------
Note - Series 1993A 10,000 10,000 D Rule 42
7.00%, Due February 2024
Heartland Properties, Inc. Heartland Properties,
Inc. Inc. 70,000 70,000 D Rule 42
- ------------------------- ---------------------
Housing Authority of the Heartland Affordable
City of Appleton, Housing - Appleton
Wisconsin Phase II
Multifamily Housing Joint Venture Project
Adjustable Rate
Revenue Bonds
Series 1991A, 5.70%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 20,000 20,000 D Rule 42
- -------------------- --------------------
Housing Authority of the Heartland Affordable
City of Antigo, Housing - Antigo
Wisconsin Depot, Inc.
Multifamiliy Housing Project
Adjustable Rate Revenue
Bonds
Series 1991A, 5.50%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 5,000 5,000 D Rule 42
- -------------------- ---------------------
Community Development Heartland Affordable
Authority of the Housing - Berlin
City of Berlin, North River,
Wisconsin Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.50%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 10,000 10,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the Housing - Berlin
City of Berlin, WPL, Inc.
Wisconsin Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.50%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 30,000 30,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the Housing - Berlin
City of Berlin, WPL, Inc.
Wisconsin Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.50%,
Due February 2004
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 75,000 75,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the Housing - Marinette,
City of Marinette, Inc. Project
Wisconsin
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.50%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 200,000 200,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the Housing - Marinette,
City of Marinette, Inc. Project
Wisconsin
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.50%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 40,000 40,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of Dane Housing - McFarland,
County Multifamily Inc. Project
Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.90%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 5,000 5,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of Dane Housing - McFarland,
County Multifamily Inc. Project
Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.90%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 5,000 5,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Balzer, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.70%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 30,000 30,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Balzer, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.70%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 30,000 30,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Jung, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.70%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 115,000 115,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Jung, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.70%,
Due February 2004
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 15,000 15,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Leverenz, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991A, 5.70%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 50,000 50,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of the City Housing - Sheboygan,
of Sheboygan Leverenz, Inc. Project
Multifamily Housing
Adjustable Rate
Revenue Bonds
Series 1991B, 5.70%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 35,000 35,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of Dane Housing - Sun Prairie,
County Multifamily Inc. Project
Housing Adjustable
Rate Revenue Bonds
Series 1991A, 5.70%,
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 55,000 55,000 D Rule 42
- -------------------- --------------------
Community Development Heartland Affordable
Authority of Dane Housing - Sun Prairie,
County Multifamily Inc. Project
Housing Adjustable
Rate Revenue Bonds
Series 1991B, 5.70%,
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 40,000 40,000 D Rule 42
- -------------------- --------------------
Brown County (WI) Heartland Affordable
Housing Authority Housing - DePere, Inc.
Multifamily Project
Housing Adjustable
Rate Revenue Bonds
Series 1992A,
Adjustable Rate
Due February 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 125,000 125,000 D Rule 42
- -------------------- --------------------
Brown County (WI) Heartland Affordable
Housing Authority Housing - DePere, Inc.
Multifamily Project
Housing Adjustable
Rate Revenue Bonds
Series 1992B,
Adjustable Rate
Due February 2004
Heartland Properties, Heartland Properties,
Inc. Inc. 53,741 53,741 D Rule 42
- -------------------- --------------------
WHEDA Historic Lincoln
8.25% Due September Limited Partnership
2021
Heartland Properties, Heartland Properties,
Inc. Inc. 17,384 17,384 D Rule 42
- -------------------- --------------------
City of Appleton Historic Ravine L.P.
6.50% Due July 2014
Heartland Properties, Heartland Properties,
Inc. Inc. 25,302 25,302 D Rule 42
- -------------------- --------------------
Brittan House Beloit SRO Limited
Apartments WHEDA Partnership
6.65% Due January
1999
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 499 499 D Rule 42
- -------------------- --------------------
Brittan House Beloit SRO Limited
Apartments City of Partnership
Beloit
3.00% Due February
2011
Heartland Properties, Heartland Properties,
Inc. Inc. 53,001 53,001 D Rule 42
- -------------------- --------------------
Romeis Millstream II Chip Falls
Apartments WHEDA Partnership
7.53% Due April 2009
Heartland Properties, Heartland Properties,
Inc. Inc. 1,246 1,246 D Rule 42
- -------------------- --------------------
Kingston Court Coloma
Apartments FmHA
1.00% Due July 2028
Heartland Properties, Heartland Properties,
Inc. Inc. 1,284 1,284 D Rule 42
- -------------------- --------------------
City's Edge Barlow
Apartments FmHA
1.00% Due March 2040
Heartland Properties, Heartland Properties,
Inc. Inc. 1,147 1,147 D Rule 42
- -------------------- --------------------
City Square Barlow
Apartments FmHA Partnership
1.00% Due October
2040
Heartland Properties, Heartland Properties,
Inc. Inc. 58,531 58,531 D Rule 42
- -------------------- --------------------
Home S&L Avenue Limited
8.50%, Due March Partnership
2005
Heartland Properties, Heartland Properties,
Inc. Inc. 2,311 2,311 D Rule 42
- -------------------- --------------------
Home S&L The Falconer
6.00%, Due October
2006
Heartland Properties, Heartland Properties,
Inc. Inc. 2,253 2,253 D Rule 42
- -------------------- --------------------
City of Madison The Falconer
4.00%, Due October
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 5,852 5,852 D Rule 42
- -------------------- --------------------
Williamstown Bay The Falconer
East Apartments WHEDA Partnership
10.75%, Due December
2020
Heartland Properties, Heartland Properties,
Inc. Inc. 9,081 9,081 D Rule 42
- -------------------- --------------------
Williamstown Bay Dryden Drive
North Apartments WHEDA Partnership
10.75%, Due December
2020
Heartland Properties, Heartland Properties,
Inc. Inc. 100,000 100,000 D Rule 42
- -------------------- --------------------
YMCA of Madison YMCA Limted Partnership
8.81%, Due August 2003 and Joint Venture
</TABLE>
13
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 39,003 39,003 D Rule 42
- -------------------- --------------------
YMCA of Madison YMCA Limted Partnership
4.00%, Due September and Joint Venture
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 2,703 2,703 D Rule 42
- -------------------- --------------------
WO Partnership for YMCA Limted Partnership
Housing Development and Joint Venture
0.00%, Due February
2018
Heartland Properties, Heartland Properties,
Inc. Inc. 1 1 D Rule 42
- -------------------- --------------------
City of Madison YMCA Limted Partnership
8.20%, Due September and Joint Venture
2009
Heartland Properties, Heartland Properties,
Inc. Inc. 1,473 1,473 D Rule 42
- -------------------- --------------------
Manawa FmHA HAH - Northland
1.00%, Due July 2041 and Joint Venture
Heartland Properties, Heartland Properties,
Inc. Inc. 19,182 19,182 D Rule 42
- -------------------- --------------------
Valley Bank Manitowoc
8.63%, Due December and Joint Venture
2016
Heartland Properties, Heartland Properties,
Inc. Inc. 1,916 1,916 D Rule 42
- -------------------- --------------------
Necedah FmHA HAH - Northland
1.00%, Due May 2040 and Joint Venture
Heartland Properties, Heartland Properties,
Inc. Inc. 8,266 8,266 D Rule 42
- -------------------- --------------------
Portage Village House HAH - Northland
Apartments FNMA and Joint Venture
9.88%, Due January
2005
Heartland Properties, Heartland Properties,
Inc. Inc. 5,635 5,635 D Rule 42
- -------------------- --------------------
Firstar Plymouth
6.50%, Due December
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 2,431 2,431 D Rule 42
- -------------------- --------------------
WHEDA Prairie du Chien
6.50%, Due March 1999
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 5,407 5,407 D Rule 42
- -------------------- --------------------
Twin Lake Meadowview Prairie du Chien
Village Apartments and Joint Venture
FmHA
8.25%, Due November
2028
</TABLE>
14
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 5,737 5,737 D Rule 42
- -------------------- --------------------
City of Wausau HAH - Wausau
3.00%, Due July 2006
Heartland Properties, Heartland Properties,
Inc. Inc. 9,918 9,918 D Rule 42
- -------------------- --------------------
Citizen Bank & Trust HAH - Wausau
10.00%, Due September
2000
Heartland Properties, Heartland Properties,
Inc. Inc. 1,910 1,910 D Rule 42
- -------------------- --------------------
Valley View Apartments Barlow
FmHA
1.00%, Due March 2040
Heartland Properties, Heartland Properties,
Inc. Inc. 4,147 4,147 D Rule 42
- -------------------- --------------------
Farmers and Merchants Whitney
8.50%, Due December
2095
8.25%, Due November
2028
Heartland Properties, Heartland Properties,
Inc. Inc. 6,773 6,773 D Rule 42
- -------------------- --------------------
WHEDA Fond du Lac
6.65%, Due January
2098
Heartland Properties, Heartland Properties,
Inc. Inc. 12,416 12,416 D Rule 42
- -------------------- --------------------
Park Bank Mad. Fairwood Arms
8.00%, Due March 2008
Heartland Properties, Heartland Properties,
Inc. Inc. 20,000 20,000 D Rule 42
- -------------------- --------------------
Bonds Marshfield
7.55%, Due February
2024
Heartland Properties, Heartland Properties,
Inc. Inc. 8,071 8,071 D Rule 42
- -------------------- --------------------
WHEDA HAH - Oregon
6.65%, Due September
2012
Heartland Properties, Heartland Properties,
Inc. Inc. 6,000 6,000 D Rule 42
- -------------------- --------------------
Bonds Pardeeville
7.55%, Due February
2024
Heartland Properties, Heartland Properties,
Inc. Inc. 3,348 3,348 D Rule 42
- -------------------- --------------------
WHEDA Platteville
6.65%, Due January
2012
Heartland Properties, Heartland Properties,
Inc. Inc. 3,609 3,609 D Rule 42
- -------------------- --------------------
FmHA Portage
10.25%, Due June 2024 and Joint Venture
</TABLE>
15
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 2,719 2,719 D Rule 42
- -------------------- --------------------
Peoples State Bank DC - Liberty Place
9.00%, Due January
1996
Heartland Properties, Heartland Properties,
Inc. Inc. 8,748 8,748 D Rule 42
- -------------------- --------------------
WHEDA Reedsburg
6.65%, Due September
2012
Heartland Properties, Heartland Properties,
Inc. Inc. 5,411 5,411 D Rule 42
- -------------------- --------------------
FmHA Reedsburg
9.00%, Due January
2024
Heartland Properties, Heartland Properties,
Inc. Inc. 8,782 8,782 D Rule 42
- -------------------- --------------------
Valley Bank Sheboygan Sunnyside
8.25%, Due October
2007
Heartland Properties, Heartland Properties,
Inc. Inc. 10,575 10,575 D Rule 42
- -------------------- --------------------
Firstar Sheboygan Falls
7.60%, Due February
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 23,000 23,000 D Rule 42
- -------------------- --------------------
Bonds Series A Verona
7.55%, Due February
2024
Heartland Properties, Heartland Properties,
Inc. Inc. 7,283 7,283 D Rule 42
- -------------------- --------------------
WHEDA Holmen
6.65%, Due January
1999
Heartland Properties, Heartland Properties,
Inc. Inc. 2,128 2,128 D Rule 42
- -------------------- --------------------
FmHA Paddock Lake
8.25%, Due June 2042
Heartland Properties, Heartland Properties,
Inc. Inc. 1,567 1,567 D Rule 42
- -------------------- --------------------
FmHA Port Ed. I
10.25%, Due June 2024
Heartland Properties, Heartland Properties,
Inc. Inc. 1,787 1,787 D Rule 42
- -------------------- --------------------
FmHA Port Ed. 2
10.25%, Due June 2024
</TABLE>
16
<PAGE>
<TABLE>
<CAPTION>
Principal Extinguished (E)
Amount or Held Commission
Name of Company Redeemed for Authorization
Name of Issuer Redeeming or or Further or
and Title of Issue Retiring Securities Retired Consideration Disposition (D) Exemption
- ------------------ ------------------- -------- ------------- --------------- ----------
<S> <C> <C> <C> <C> <C>
Heartland Properties, Heartland Properties,
Inc. Inc. 7,331 7,331 D Rule 42
- -------------------- --------------------
First Union Beloit WT
8.38%, Due June 2028
Heartland Properties, Heartland Properties,
Inc. Inc. 5,000 5,000 D Rule 42
- -------------------- --------------------
Bond Series A Pardeeville II
7.55%, Due February
2024
Heartland Properties, Heartland Properties,
Inc. Inc. 12,508,554 12,508,554 E Rule 42
- -------------------- --------------------
WPLH HPI
8.25%, Demand
</TABLE>
17
<PAGE>
ITEM 5. INVESTMENTS IN SECURITIES OF NONSYSTEM COMPANIES AS OF DECEMBER 31, 1998
1.
<TABLE>
<CAPTION>
AGGREGATE AMOUNT OF
INVESTMENTS IN PERSONS NUMBER OF
(ENTITIES) OPERATING IN PERSONS
NAME OF RETAIL SERVICE AREA OF (ENTITIES) DESCRIPTION OF
COMPANY OWNER (in thousands) PERSONS (ENTITIES)
- ------- -------------------------- ------------ -----------------------------------------------------------------------------
<S> <C> <C> <C>
Investments $25 6 Economic development joint venture with interests in 6 start-up companies.
HPI 39,410 66 Limited partnerships which invest in affordable housing projects.
and Cap.
Square
</TABLE>
2. SECURITIES NOT INCLUDED IN ITEM 5, NO. 1:
<TABLE>
<CAPTION>
OWNER'S
NUMBER % OF BOOK VALUE
NAME OF NAME OF DESCRIPTION OF VOTING NATURE OF (in
COMPANY ISSUER OF SECURITY SHARES POWER BUSINESS thousands)
- --------- -------------------------- ----------------- ------------ ---------- ------------------------------ --------------
<S> <C> <C> <C> <C> <C> <C>
Investco DLJ Merchant Banking Limited N/A (1) Merchant banking investing $1,356
Partners, L.P. Partnership in domestic companies
Investco DLJMB Overseas Partners, Limited N/A (1) Merchant banking investing 481
C.V. Partnership in foreign companies
New TrustPower Limited $0.50 Ordinary 1,639,600 Less Utility business 2,483
Zealand Shares than 1%
New Infrastructure and $0.50 Ordinary 573,200 Less Infrastructure and utility 337
Zealand Utilities NZ Limited Shares than 1% business
New TransAlta New Zealand Ordinary Shares 1,000 Less Utility business 1
Zealand Limited than 1%
New Power New Zealand Limited $0.50 Ordinary 1,000 Less Utility business 4
Zealand Shares than 1%
New Natural Gas Corporation $0.01 Ordinary 1,000 Less Utility business 1
Zealand Holdings Limited Shares than 1%
New Bay of Plenty $1.00 Ordinary 1,000 Less Utility business 5
Zealand Electricity Limited Shares than 1%
New EnerCo New Zealand $0.50 Ordinary 1,000 Less Utility business 3
Zealand Limited Shares than 1%
</TABLE>
(1) Not available.
18
<PAGE>
ITEM 6. OFFICERS AND DIRECTORS AS OF DECEMBER 31, 1998
PART I.
NAME (ADDRESS) * POSITION HELD *
Interstate Energy Corporation
- -----------------------------
Erroll B. Davis, Jr. (a) P, CEO, D
William D. Harvey (a) EVP
James E. Hoffman (b) EVP
Eliot G. Protsch (b) EVP
Barbara J. Swan (a) EVP, GC
Thomas M. Walker (a) EVP, CFO
Pamela J. Wegner (a) EVP
John E. Ebright (a) VP, C
Edward M. Gleason (a) VP, T, S
Susan J. Kosmo (a) AC
John E. Kratchmer (a) AC
Linda J. Wentzel (a) ACS
Enrique Bacalao (a) AT
Alan B. Arends (q) D
Rockne G. Flowers (e) D
Joyce L. Hanes (r) D
Lee Liu (b) CM, D
Katharine C. Lyall (m) D
Arnold M. Nemirow (n) D
Milton E. Neshek (o) D
Jack R. Newman (s) D
Judith D. Pyle (p) D
Robert D. Ray (t) D
David Q. Reed (u) D
Robert W. Schlutz (v) D
Wayne H. Stoppelmoor (k) VCM, D
Anthony R. Weiler (w) D
IES Utilities Inc.
- -----------------
Erroll B. Davis, Jr. (a) CEO, D
Eliot G. Protsch (b) P
William D. Harvey (a) EVP
Barbara J. Swan (a) EVP, GC
Thomas M. Walker (a) EVP, CFO
Pamela J. Wegner (a) EVP
Dale R. Sharp (k) SVP
Daniel A. Doyle (a) VP
John E. Ebright (a) VP, C
Dean E. Ekstrom (b) VP
John F. Franz, Jr. (b) VP
Edward M. Gleason (a) VP, T, S
Dundeana K. Langer (eee) VP
Daniel L. Mineck (b) VP
Kim K. Zuhlke (a) VP
David L. Wilson (b) AVP
Linda J. Wentzel (a) ACS
19
<PAGE>
Enrique Bacalao (a) AT
Steven F. Price (a) AT
Robert A. Rusch (a) AT
Daniel L. Siegfried (b) ACS
Alan B. Arends (q) D
Rockne G. Flowers (e) D
Joyce L. Hanes (r) D
Lee Liu (b) CM,D
Katharine C. Lyall (m) D
Arnold M. Nemirow (n) D
Milton E. Neshek (o) D
Jack R. Newman (s) D
Judith D. Pyle (p) D
Robert D. Ray (t) D
David Q. Reed (u) D
Robert W. Schlutz (v) D
Wayne H. Stoppelmoor (k) VCM, D
Anthony R. Weiler (w) D
IES Ventures Inc.
- -----------------
Eliot G. Protsch (b) D, P
William D. Harvey (a) D, VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
IES Midland Development Inc.
- ----------------------------
Eliot G. Protsch (b) D, P
William D. Harvey (a) D, VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Interstate Power Company
- ------------------------
Erroll B. Davis, Jr. (a) CEO, D
Dale R. Sharp (k) P
William D. Harvey (a) EVP
Eliot G. Protsch (b) EVP
Barbara J. Swan (a) EVP, GC
Thomas M. Walker (a) EVP, CFO
Pamela J. Wegner (a) EVP
Daniel A. Doyle (a) VP
John E. Ebright (a) VP, C
Dean E. Ekstrom (b) VP
Edward M. Gleason (a) VP, T, S
Dundeana K. Langer (eee) VP
Daniel L. Mineck (b) VP
Kim K. Zuhlke (a) VP
Linda J. Wentzel (a) ACS
Enrique Bacalao (a) AT
Steven F. Price (a) AT
Robert A. Rusch (a) AT
Kent M. Ragsdale (k) ACS
Alan B. Arends (q) D
Rockne G. Flowers (e) D
Joyce L. Hanes (r) D
20
<PAGE>
Lee Liu (b) CM, D
Katharine C. Lyall (m) D
Arnold M. Nemirow (n) D
Milton E. Neshek (o) D
Jack R. Newman (s) D
Judith D. Pyle (p) D
Robert D. Ray (t) D
David Q. Reed (u) D
Robert W. Schlutz (v) D
Wayne H. Stoppelmoor (k) VCM, D
Anthony R. Weiler (w) D
IPC Development Co.
- -------------------
Dale R. Sharp (k) VP, D
Richard R. Ewers (k) VP, D
Edward M. Gleason (a) S, T
Kent M. Ragsdale (b) AS
Steven F. Price (a) AT
Wisconsin Power and Light Company
- ---------------------------------
Erroll B. Davis, Jr. (a) CEO, D
William D. Harvey (a) P
Eliot G. Protsch (b) EVP
Barbara J. Swan (a) EVP, GC
Thomas M. Walker (a) EVP, CFO
Pamela J. Wegner (a) EVP
Dale R. Sharp (k) SVP
Daniel A. Doyle (a) VP
John E. Ebright (a) VP, C
Dean E. Ekstrom (b) VP
John F. Franz, Jr. (b) VP
Edward M. Gleason (a) VP, T, S
Dundeana K. Langer (eee) VP
Daniel L. Mineck (b) VP
Kim K. Zuhlke (a) VP
David L. Wilson (b) AVP
Linda J. Wentzel (a) ACS
Enrique Bacalao (a) AT
Steven F. Price (a) AT
Robert A. Rusch (a) AT
Alan B. Arends (q) D
Rockne G. Flowers (e) D
Joyce L. Hanes (r) D
Lee Liu (b) CM, D
Katharine C. Lyall (m) D
Arnold M. Nemirow (n) D
Milton E. Neshek (o) D
Jack R. Newman (s) D
Judith D. Pyle (p) D
Robert D. Ray (t) D
David Q. Reed (u) D
Robert W. Schlutz (v) D
Wayne H. Stoppelmoor (k) VCM, D
Anthony R. Weiler (w) D
21
<PAGE>
South Beloit Water, Gas and Electric Company
- --------------------------------------------
William D. Harvey (a) P, D
Edward M. Gleason (a) VP, T, S
John E. Ebright (a) C
Susan J. Kosmo (a) AC
Linda J. Wentzel (a) ACS
Steven F. Price (a) AT
Joanne C. Acomb (a) D
Kim K. Zuhlke (a) D
Wisconsin River Power Co.
- -------------------------
Thomas G. Scharff (qq) P, D
Richard L. Hilliker (qq) VP, D
Thomas P. Meinz (pp) VP, D
Daniel A. Doyle (a) VP, D
Reginald D. Fanning (qq) S
John D. Steinberg (qq) T
Reginald D. Fanning (qq) C
Michael R. Schreier (qq) AS
Carl H. Wartman (qq) AS
Ralph G. Baeten (pp) D
Joseph E. Shefchek (a) D
Wisconsin Valley Improvement Co.
- --------------------------------
Robert Gall (jj) P, D
Richard L. Hilliker (qq) VP, D
Sam Morgan (jj) VP
Donald Bradford (jj) S, T
Phil Valitchka (jj) AS
Robert Birkhauser (jj) D
Neil Krebsbach (a) D
Thomas P. Meinz (pp) D
Daniel Olvey (jj) D
Thomas G. Scharff (qq) D
Kenneth Schulz (jj) D
Michael Thieler (jj) D
Alliant Energy Corporate Services, Inc.
- ---------------------------------------
Erroll B. Davis, Jr. (a) CEO, D
Pamela J. Wegner (a) P, D
William D. Harvey (a) EVP, D
James E. Hoffman (b) EVP, D
Eliot G. Protsch (b) EVP, D
Barbara J. Swan (a) EVP, GC, D
Thomas M. Walker (a) EVP, CFO, D
Dale R. Sharp (k) SVP
Daniel A. Doyle (a) VP
John E. Ebright (a) VP, C
Dean E. Ekstrom (b) VP
John F. Franz, Jr. (b) VP
Edward M. Gleason (a) VP, T, S
Dundeana K. Langer (eee) VP
Daniel L. Mineck (b) VP
22
<PAGE>
Kim K. Zuhlke (a) VP
David L. Wilson (b) AVP
Linda J. Wentzel (a) ACS
Enrique Bacalao (a) AT
Kent M. Ragsdale (k) ACS
Steven F. Price (a) AT
Robert A. Rusch (a) AT
Alliant Energy Resources, Inc.
- ------------------------------
Erroll B. Davis, Jr. (a) CEO, D
James E. Hoffman (b) P
Thomas L. Aller (b) VP
Charles Castine (b) VP
John K. Peterson (b) VP
John E. Ebright (a) VP, C
Edward M. Gleason (a) VP, T, S
Linda J. Wentzel (a) ACS
Enrique Bacalao (a) AT
Steven F. Price (a) AT
Robert A. Rusch (a) AT
Daniel L. Siegfried (b) ACS
Alan B. Arends (q) D
Rockne G. Flowers (e) D
Joyce L. Hanes (r) D
Lee Liu (b) CM, D
Katharine C. Lyall (m) D
Arnold M. Nemirow (n) D
Milton E. Neshek (o) D
Jack R. Newman (s) D
Judith D. Pyle (p) D
Robert D. Ray (t) D
David Q. Reed (u) D
Robert W. Schlutz (v) D
Wayne H. Stoppelmoor (k) VCM, D
Anthony R. Weiler (w) D
Capital Square Financial Corporation
- ------------------------------------
Ruth A. Domack (j) P, D
E. Dean Baumgardner (j) VP
Henry D. Wertheimer (j) VP, T
John W. Stoneman (j) VP, S
Cynthia L. Dockus (j) C
Thomas L. Aller (b) D
John E. Ebright (a) D
Edward M. Gleason (a) D
James E. Hoffman (b) D
Henwood Energy Services, Inc.
- -----------------------------
Mark I. Henwood (ddd) P, D
David R. Branchcomb (ddd) SVP, D
Eric V. Toolson (ddd) VP, D
Thomas R. Johnson (ddd) VP, S, D
Thomas L. Aller (b) D
23
<PAGE>
Heartland Properties, Inc.
- --------------------------
Ruth A. Domack (j) P
E. Dean Baumgardner (j) VP
Henry D. Wertheimer (j) VP, T
John W. Stoneman (j) VP, S
Cynthia L. Dockus (j) C
Thomas L. Aller (b) D
Ruth A. Domack (j) D
John E. Ebright (a) D
Edward M. Gleason (a) D
James E. Hoffman (b) D
Alliant Energy Industrial Services, Inc.
- ----------------------------------------
Erroll B. Davis, Jr. (a) P, D
James E. Hoffman (b) VP, D
Thomas L. Aller (b) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Whiting Petroleum Corporation
- -----------------------------
David A. Frawley (x) P, CEO, D
D. Sherwin Artus (x) VP
Jerry D. Fitgerald (x) VP
John R. Hazlett (x) VP
David E. Nelson (x) T
Patricia J. Miller (x) S
James E. Hoffman (b) D
Thomas L. Aller (b) D
John E. Ebright (a) D
Kenneth R. Whiting (x) D
J. B. Ladd (x) D
Whiting Programs
- ----------------
David A. Frawley (x) P, D
D. Sherwin Artus (x) VP
John R. Hazlett (x) VP
Jerry D. Fitzgerald (x) VP
David E. Nelson (x) T
Patricia J. Miller (x) S
Christy M. Evenden (x) AS
WOK Acquisition Company
- -----------------------
David A. Frawley (x) P, D
D. Sherwin Artus (x) VP
John R. Hazlett (x) VP, D
Jerry D. Fitzgerald (x) VP, D
David E. Nelson (x) T
Patricia J. Miller (x) S
Christy M. Evenden (x) AS
Etta F. Daniel (x) AS
WAH Royalty Company
- -------------------
David A. Frawley (x) P, D
24
<PAGE>
D. Sherwin Artus (x) VP
John R. Hazlett (x) VP, D
Jerry D. Fitzgerald (x) VP, D
David E. Nelson (x) T
Patricia J. Miller (x) S
Christy M. Evenden (x) AS
Etta F. Daniel (x) AS
Whiting-Golden Gas Production Company
- -------------------------------------
David A. Frawley (x) P, CEO, D
D. Sherwin Artus (x) VP
John R. Hazlett (x) VP, D
Jerry D. Fitzgerald (x) VP, D
David E. Nelson (x) T
Patricia J. Miller (x) S
Christy M. Evenden (x) AS
Etta F. Daniel (x) AS
Ely, Inc.
- ---------
Thomas L. Aller (b) P, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Industrial Energy Applications, Inc.
- ------------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, VP
Charles Castine (b) P
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
IEA-HES L.L.C.
- --------------
James G. Overbey (ccc) D
Timothy J. Eibes (zz) GM
BFC Gas Co. L.L.C.
- ------------------
Timothy J. Eibes (zz) GM
Energys, Inc.
- -------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, VP
Charles Castine (b) P
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Industrial Energy Applications Delaware, Inc.
- ---------------------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, VP
Charles Castine (b) P
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Schedin & Associates, Inc.
- --------------------------
Larry Schedin (aa) P
Brad Fults (aa) VP
25
<PAGE>
Heartland Energy Services, Inc.
- -------------------------------
Charles Castine (b) P
James E. Hoffman (b) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Erroll B. Davis, Jr. (a) D
WPLH Commodities Trading LLC
- ----------------------------
Officer and Director information is not readily available.
Cargill-Alliant, LLC
- --------------------
David L. Gabriel (ss) P, GM
Richard B. Davenport (ss) AVP
Jacob Williams (ss) AVP
Jeanne Y. Smith (rr) AS
William D. Harvey (a) D, CM
Thomas M. Walker (a) D
James E. Hoffman (b) D
Eliot G. Protsch (b) D
Ronald L. Christenson (rr) D
Gary W. Jarrett (ss) MD, S
James T. Thompson (rr) D
David T. Raisbeck (rr) D
Heartland Energy Group, Inc.
- ----------------------------
Charles Castine (b) P
James E. Hoffman (b) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Erroll B. Davis, Jr. (a) D
Heartland Environmental Holding Company
- ---------------------------------------
Stephen D. Johannsen (c) P
J. Patrick LaStrapes (d) VP
Martha A. Hermsdorf (c) S
Rockne G. Flowers (e) D
Benjamin F. Garmer III (f) D
Eliot G. Protsch (a) D
James E. Hoffman (b) D
Entra Technologies Co.
- ----------------------
Stephen D. Johannesen (c) P, D
Martha Hermsdorf (c) S, D
William A. Dickrell (c) D
RMT, Inc.
- ---------
Stephen D. Johannsen (c) P
Ted Juszczyk (c) EVP
Thomas W. Devine (h) VP
Charles Jeter (h) VP
Robert J. Vetter (c) VP
Richard J. Sawinski (h) VP
Douglas A. Wierman (i) VP
26
<PAGE>
William A. Dickrell (c) VP
Ruth A. Muelker (i) GC
Martha Hermsdorf (c) S
Rockne G. Flowers (e) D
Benjamin F. Garmer III (f) D
Eliot G. Protsch (a) D
James E. Hoffman (b) D
Residuals Management Technology, Inc., Ohio
- -------------------------------------------
Jeet Radia (hh) P, D
Ted Juszczyk (c) VP
Richard Krueger (hh) T, D
Martha Hermsdorf (c) S
Kate Martin (c) D
Robert J. Vetter (c) D
RMT, Inc., North Carolina
- -------------------------
Richard J. Sawinski (h) P
Mike Parker (h) VP
Laura Morrison (h) T
Martha Hermsdorf (c) S
Stephen D. Johannsen (c) D
Ted Juszczyk (c) D
William A. Dickrell (c) D
RMT, Inc., Michigan
- -------------------
Dan Oman (y) P, D
Kate Martin (c) VP, D
Ed Cote (y) T, S
Robert Vetter (c) D
Jones & Nuese, Inc.
- -------------------
James Myers (i) P
William A. Dickrell (c) T, D
Martha Hermsdorf (c) S
Stephen D. Johannsen (c) D
Ted Juszczyk (c) D
Quality Environmental Systems, Inc.
- -----------------------------------
Stephen D. Johannsen (c) P, D
William A. Dickrell (c) T, D
Martha Hermsdorf (c) S
Ted Juszczyk (c) D
RMT International, Inc.
- -----------------------
Sam Nott (i) P, D
Stephen D. Johannsen (c) VP, D
William A. Dickrell (c) T, D
Martha Hermsdorf (c) S
Alliant Energy Transportation, Inc.
- -----------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D
Thomas L. Aller (b) D, P
27
<PAGE>
Paul H. Treangen (l) VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
IEI Barge Services Inc.
- -----------------------
Thomas L. Aller (b) P, D
Paul H. Treangen (l) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
E. R. Kamm (ii) D
Transfer Services, Inc.
- -----------------------
Thomas L. Aller (b) P, D
Paul H. Treangen (l) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Erroll B. Davis, Jr. (a) D
Cedar Rapids and Iowa City Railway Company
- ------------------------------------------
Thomas L. Aller (b) P, D
Paul H. Treangen (l) VP, D
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
James E. Hoffman (b) D
Heartland Rail Corporation
- --------------------------
Donald C. Byers (kk) P, D
T. Scott Bannister (mm) S
William H. Camp (ll) D
Jon R. Roy (ll) D
Marc A. Sanner (ll) D
Alliant Energy Investments, Inc.
- --------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, P
Thomas L. Aller (b) D, VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Village Lakeshares Inc.
- -----------------------
James E. Hoffman (b) D, P
Edward M. Gleason (a) D, T, S
Thomas L. Aller (b) D, VP
Daniel L. Siegfried (b) AS
Iowa Land and Building Company
- ------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, P
Thomas L. Aller (b) D, VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
28
<PAGE>
McLeodUSA Inc.
- --------------
Clark E. McLeod (tt) CEO, D, CM
Richard A. Lumpkin (tt) VCM, D
Stephen C. Gray (tt) P, COO, D
Blake O. Fisher, Jr. (tt) GVP, RP, D
J. Lyle Patrick (tt) GVP, CFO
Arthur L. Christoffersen (tt) GVP
Kirk E. Kaalberg (tt) GVP
Stephen K. Brandenburg (tt) GVP
David M. Boatner (tt) GVP, RP
Albert P. Ruffalo (tt) GVP
Dennis L. Erickson (tt) GVP, RP
Steven J. Shirar (tt) GVP, RP
Michael J. Brown (tt) GVP
Randall Rings (tt) VP, GC, S
Thomas M. Collins (uu) D
Robert J. Currey (vv) D
Lee Liu (b) D
Paul D. Rhines (tt) D
Ronald W. Stepien (ww) D
Sawyer Finance Ltd.
- -------------------
James E. Hoffman (b) D
Christopher James Lindell (z) D
Alliant Energy Investco, Inc.
- -----------------------------
James E. Hoffman (b) D, P
Edward M. Gleason (a) D, T, S
Thomas L. Aller (b) D, VP
Daniel L. Siegfried (b) AS
2001 Development Corporation
- ----------------------------
Thomas M. Collins (bb) P, D
Thomas L. Aller (b) EVP
Joe Hladky (cc) VP, D
James E. Hoffman (b) VP, D
Susan Mayer (dd) VP, D
Scott McIntyre, Jr. (ee) VP, T, D
Clark E. McLeod (ff) VP, S, D
Ted Schwartz (gg) VP, D
2002 Development Corporation
- ----------------------------
Thomas M. Collins (bb) P, D
Thomas L. Aller (b) EVP
Joe Hladky (cc) VP, D
James E. Hoffman (b) VP, D
Susan Mayer (dd) VP, D
Scott McIntyre, Jr. (ee) VP, T, D
Clark E. McLeod (ff) VP, S, D
Ted Schwartz (gg) VP, D
Alliant Energy International, Inc.
- ----------------------------------
Erroll B. Davis, Jr. (a) D
James E. Hoffman (b) D, P
29
<PAGE>
Larry D. Root (b) VP
Edward M. Gleason (a) T, S
Daniel L. Siegfried (b) AS
Interstate Energy Corporation PTE Ltd.
- --------------------------------------
Lee Liu (b) D, CM
James E. Hoffman (b) D
Duncan Samuel Rothwell Merrin (bbb) D
John E. Ebright (a) C
Joel J. Schmidt (b) MD
Tang Cheng Lin (bbb) S
Alliant Energy Brazil, Inc.
- ---------------------------
James E. Hoffman (b) D, P
Larry D. Root (b) VP
Thomas M. Walker (a) VP, CFO
Edward M. Gleason (a) T, S
Jiaxing JIES Power & Heat Co., LTD
- ----------------------------------
John K. Peterson (b) D
James E. Hoffman (b) D
Joel J. Schmidt (b) D
Yongming Chen (fff) D, CM
Zheng Yong Zhou (fff) D
Bangda Shen (fff) D
Bangda Shen (fff) GM
Jinfeng Wang (fff) CA
Yaosheng Hua (fff) AGM
Tongxiang TIES Power & Heat Co. LTD
- -----------------------------------
John K. Peterson (b) D
James E. Hoffman (b) D
Joel J. Schmidt (b) D
Deliang Zhou (hhh) D, CM
Quanjia Chen (hhh) D
Liyong Bo (hhh) D
Yiqiang Du (hhh) GM
Keqiang Li (hhh) AGM
Xiaokang Wang (hhh) CA
Centelha do Oeste Empreendimentos E Participacoes S/C Limitada
- --------------------------------------------------------------
John K. Peterson (b) AB
James E. Hoffman (b) AB
Roberto Rudzit Neto (nn) DM
Alliant International New Zealand Limited
- -----------------------------------------
James E. Hoffman (b) D
John K. Peterson (b) D
Christopher James Lindell (z) MD, VP
Central Power Limited
- ---------------------
Allan Lockie (yy) CM, D
Derek Walker (yy) MD, D
Russell Signal (yy) DC, D
30
<PAGE>
Ian Wilson (yy) D
Roger Taylor (yy) D
Bill McPhail (yy) D
Murray Kennedy (yy) D
Powerco Limited
- ---------------
Barry Upson (xx) CM, D
Ian Lobb (xx) D
Dennis Brown (xx) D
Judith Timpany (xx) D
Richard Gilberd (xx) D
Garry Cousins (xx) D
John Auld (xx) D
Simon Moutter (xx) CE
S. E. Ekanayake (xx) FM
Grandelight Holding Limited
- ---------------------------
James E. Hoffman (b) D
Joel J. Schmidt (b) D
John K. Peterson (b) D
Peak Pacific Investment Co. PTE LTD
- -----------------------------------
Robert W. Anderson, Jr. (hhh) P
Michael R. Ashburrn (hhh) VP
Daniel Raymond Revers (hhh) D
Phillip Anthony Messina (hhh) D
James E. Hoffman (b) D
Joel J. Schmidt (b) D
John K. Peterson (b) D
Thomas M. Walker (a) D
Shijiazhuang Chengfeng Cogeneration Co. LTD
- -------------------------------------------
Mochen Yu (iii) D
Baisong Wei (iii) D
Yuchang Jia (iii) D, AGM
Bingyi Li (iii) D
Robert W. Anderson, Jr. (hhh) D
Michael R. Ashburn (hhh) D
Veikko Tiainen (hhh) D, GM
Rong Liu (hhh) D, CFO
Feng Liu (hhh) D
Handan Chengfeng Heat and Power Co. LTD
- ---------------------------------------
Tongxi Zhang (jjj) D, AGM
Shaokui Jin (jjj) D
Xiaotong Li (jjj) D
Robert W. Anderson, Jr. (hhh) D
Michael R. Ashburn (hhh) D
Veikko Tiainen (hhh) D, GM
Rong Liu (hhh) D, CFO
Feng Liu (hhh) D
Hui Jin (hhh) D
31
<PAGE>
Jinan Yaqing Heat and Power Co. LTD
- -----------------------------------
Guangyi Sun (kkk) D
Jinsheng Qin (kkk) D, GM
Dezhi Zhang (kkk) D
Chuanhai He (kkk) D
Robert W. Anderson, Jr. (hhh) D
Michael R. Ashburn (hhh) D
Hui Jin (hhh) D
Rong Liu (hhh) D, CFO
Johnny Lee (hhh) D
Peak Pacific Investment Co. (Labuan) BHD
- ----------------------------------------
Robert W. Anderson, Jr. (hhh) D, P
Alliant Do Brasil Ltda.
- -----------------------
John K. Peterson (b) AB
Thomas M. Walker (a) AB
Roberto Rudzit Neto (nn) DM
IES Brazil Limitada
- -------------------
Thomas M. Walker (a) AB
Rafael Herzborg (oo) DM
Alliant Energy de Mexico, S. de R.L. de C.V.
- --------------------------------------------
John K. Peterson (b) BM, CM, GD
Thomas L. Aller (b) BM
Charles Castine (b) BM
Edward M. Gleason (a) BM, S
Jeffrey K. Rosencrants (b) AS
Alejandra Sainz Orantes (aaa) AS
Luis Manuel Linero Colorado (aaa) SB
Carlos Moya Vallejo (aaa) SB
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V.
- --------------------------------------------------------
John K. Peterson (b) BM, CM, GD
Thomas L. Aller (b) BM
Charles Castine (b) BM
Edward M. Gleason (a) BM, S
Jeffrey K. Rosencrants (b) AS
Alejandra Sainz Orantes (aaa) AS
Luis Manuel Linero Colorado (aaa) SB
Carlos Moya Vallejo (aaa) SB
Alliant Energy Servicios de Mexico, S. de R.L. de C.V.
- ------------------------------------------------------
John K. Peterson (b) BM, CM, GD
Thomas L. Aller (b) BM
Charles Castine (b) BM
Edward M. Gleason (a) BM, S
Jeffrey K. Rosencrants (b) AS
Alejandra Sainz Orantes (aaa) AS
Luis Manuel Linero Colorado (aaa) SB
Carlos Moya Vallejo (aaa) SB
32
<PAGE>
Alliant Energy de Mexico LLC
- ----------------------------
James E. Hoffman (b) M
John K. Peterson (b) P
The following partnerships and LLCs do not have officers and directors as such:
- -------------------------------------------------------------------------------
M&I Services Partnership EnviroGas L.P.
Marshfield Tower Hall Apartments, L.P.
Oakhill Pipeline L.P.
Village Lakeshares, LP
Prairie Ridge Business Park, LP
Blairs Ferry Limited Partnership
Center Place Limited Partnership
2060 Partnership, LP
3001 LLC
Center Place Limited Partnership
OSADA I Limited Partnership
Atlantic-Sundance Apartments, LP
Address Codes:
- --------------
(a) 222 W. Washington Ave., Madison, WI 53703
(b) 200 First St., S.E., Cedar Rapids, IA 52401
(c) 744 Heartland Tr., Madison, WI 53711
(d) 411 E. Wisconsin Ave., Milwaukee, WI 53202
(e) P. O. 600, Stoughton, WI 53589
(f) 777 E. Wisconsin Ave., Milwaukee, WI 53202
(g) 80 W. 8th Ave., Marion, IA 52302
(h) 100 Verdae Blvd., Greenville, SC 29606
(i) 912 Capital of Texas Highway South, Austin, TX 78746
(j) 309 W. Washington Ave., Suite 345, Madison, WI 53703
(k) 1000 Main St., Dubuque, IA 52004
(l) 2330 12th St., S.W., Cedar Rapids, IA 52404
(m) 1220 Linden Dr., Madison, WI 53706
(n) P. O. Box 1028, Greenville, SC 29602
(o) 1335 Geneva National Ave., North Lake Geneva, WI 53147
(p) 3500 Corben Ct., Madison, WI 53704
(q) P. O. Box 1206, Albert Lea, MN 56007
(r) 15936 310th St., Mason City, IA 50401
(s) 1800 M St., N.W., Washington, DC 20036
(t) 300 Walnut St., Suite 807, Des Moines, IA 50309
(u) Mark Twain Tower, Suite 1210, 106 W. 11th St., Kansas City, MO 64105
(v) 14812 North Ave., Columbus Junction, IA 52738
(w) 12560 W. Creek Pkwy, Richmond, VA 23238
(x) Mile High Center, 1700 Broadway, Suite 2300, Denver, CO 80290
(y) 1143 Highland Drive, Suite B, Ann Arbor, MI 53717
(z) P.O. Box 33-1247, Takapuna, Auckland, New Zealand
(aa) 920 Plymouth Building, 12 South Sixth Street, Minneapolis, MN 55401
(bb) 3750 East Sumo Quinto, Tucson, AZ 85718
(cc) P.O. Box 511, Cedar Rapids, IA 52406
(dd) 1801 Pennsylvania Avenue NW, Washington, DC 20006
(ee) 118 2nd Avenue SE, Cedar Rapids, IA 52401
(ff) P.O. Box 3177, Cedar Rapids, IA 52406
33
<PAGE>
(gg) One Parkway North Center, Deerfield, IL 60015
(hh) 5890 Sawmill Road, Suite 100, Suite 100, Dublin, OH 43017
(ii) 5102 Tonyawatha Trail, Madison, WI 53716
(jj) 2301 N. 3rd Street, Wausau, WI 54403
(kk) 720 West 11th Street, South, Newton, IA 50208
(ll) 4666 Faries Parkway, Box 1470, Decatur, IL 62525
(mm) 1300 Des Moines Building, 405 Sixth Avenue, Des Moines, IA 50309
(nn) Av. Diogenes Ribeiro de Lima, 2170, apartment 154, Sao Paulo, SP Brazil
(oo) Rua Diego Suarez, 914, Sao Paulo, SP Brazil
(pp) 700 North Adams Street, P.O. Box 19001, Green Bay, WI 54307
(qq) P.O. Box 8050, Wisconsin Rapids, WI 54494
(rr) 15407 McGinty Road West, Wayzata, MN 55391
(ss) 12700 Whitewater Drive, Minnetonka, MN 55343
(tt) 6400 C Street SW, P.O. Box 3177, Cedar Rapids, IA 52406
(uu) 500 Firstar Building, Cedar Rapids, IA 52406
(vv) 350 N. Orleans St., Ste 600, Chicago, IL 60564
(ww) 666 Grand Ave., Des Moines, IA 50309
(xx) 151 St. Hill Street, Wanganui, New Zealand
(yy) 400 Church Street, Private Bag 11-024, Palmerston North, New Zealand
(zz) 5925 Dry Creek Lane, Cedar Rapids, IA 52402
(aaa) Ruiz, Urquiza y Cia, SC, Bosque de Duraznos 127, Bosques de las Lomas,
11700 Mexico City, D.F.
(bbb) 10 Hoe Chiang Road, #17-02 Keppel Towers, Singapore 089315
(ccc) 221 3rd Avenue, SE, Cedar Rapids, IA 52401
(ddd) 2710 Gateway Oaks Drive, Suite 300 North, Sacramento, CA 95833
(eee) 625 1st Street SE, Cedar Rapids, IA 52401
(fff) Yun He Qiao Tu, Wai Huan Road, Jiaxing City, Zhejiang Province, PRC
(ggg) B16-17 Tongxiang Economic & Development Zone, Tongxiang City,
Zhejiang Province, PRC
(hhh) 302 Orchard Road, #18-02B Tong Building, Singapore
(iii) North Beiguan, Zhengding County, Shijiazhuang City, Hebei Province, PRC
(jjj) Jinfeng Street, North Section, Lin Zhang County, Handan City, Nebei
Province, PRC
(kkk) Hualong Road, East End, Jinan City, Shandong Province 250100, PRC
Positions are indicated by the following symbols:
- -------------------------------------------------
AB Advisory Board Member
AC Assistant Controller
ACS Assistant Corporate Secretary
AGM Assistant General Manager
AS Assistant Secretary
AT Assistant Treasurer
AVP Assistant Vice President
BM Board of Managers Member
C Controller
CA Chief Accountant
CE Chief Executive
CEO Chief Executive Officer
CFO Chief Financial Officer
CM Chairman of the Board
COO Chief Operating Officer
D Director
DC Deputy Chairman
DM Delegate Manager
EVP Executive Vice President
FM Finance Manager
GC General Counsel
34
<PAGE>
GM General Manager
GVP Group Vice President
GD General Director
M Manager
MD Managing Director
P President
RP Regional President
S Corporate Secretary
SB Board of Surveillance Member
SVP Senior Vice President
T Treasurer
VCM Vice Chairman of the Board
VP Vice President
PART II.
<TABLE>
<CAPTION>
POSITION HELD
NAME AND LOCATION OF IN FINANCIAL APPLICABLE
NAME OF OFFICER OR DIRECTOR FINANCIAL INSTITUTION INSTITUTION EXEMPTION RULE
- ---------------------------------- --------------------------------------- ---------------- ------------------
<S> <C> <C> <C>
Rockne G. Flowers M&I Bank of Southern Wisconsin, Director 70 (a), (c), (g)
Madison, WI
Katharine C. Lyall M&I Bank, Milwaukee, WI Director 70 (a), (c)
Judith D. Pyle Firstar Corporation, Milwaukee, WI Director 70 (a), (c)
Wayne H. Stoppelmoor American Trust & Savings Bank, Director 70 (a), (c)
Dubuque, IA
</TABLE>
PART III.
(A) COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS AND (E) PARTICIPATION IN
BONUS AND PROFIT-SHARING ARRANGEMENTS AND OTHER BENEFITS
For information concerning compensation of directors and executive officers and
participation in bonus and profit-sharing arrangements and other benefits, refer
to the disclosures made in:
IEC's 1999 Proxy Statement, pages 18 through 34. The IEC Proxy Statement is
incorporated herein by reference to IEC's Proxy Statement, File No. 1-9894.
IESU's 1998 Annual Report on Form 10-K, Item. 11, pages 127 through 129. The
IESU 1998 Annual Report on Form 10-K is incorporated herein by reference to File
No. 0-4117-1.
WP&L's 1999 Proxy Statement, pages 11 through 27. The WP&L Proxy Statement is
incorporated herein by reference to WP&L's Proxy Statement, File No. 0-337.
(B) DIRECTORS' AND EXECUTIVE OFFICERS' INTERESTS IN SECURITIES OF SYSTEM
COMPANIES
For information concerning directors' and executive officers' interests in
securities of system companies, refer to the disclosures made in:
IEC's 1999 Proxy Statement, page 19.
35
<PAGE>
IESU's 1998 Annual Report on Form 10-K, Item. 12, pages 129 through 130.
WP&L's 1999 Proxy Statement, page 12.
(C) DIRECTORS' AND EXECUTIVE OFFICERS' CONTRACTS AND TRANSACTIONS WITH SYSTEM
COMPANIES
For information concerning directors' and executive officers' contracts and
transactions with system companies, refer to the disclosures made in:
IEC's 1999 Proxy Statement, page 18 and pages 23 through 25.
WP&L's 1999 Proxy Statement, page 11 and pages 16 through 17.
(D) DIRECTORS' AND EXECUTIVE OFFICERS' INDEBTEDNESS TO SYSTEM COMPANIES
None.
(F) DIRECTORS' AND EXECUTIVE OFFICERS' RIGHTS TO INDEMNITY
The state laws under which each of IEC and its domestic direct and indirect
subsidiaries is incorporated provide broadly for indemnification of directors
and officers against claims and liabilities against them in their capacities as
such. Refer to the disclosures made in the:
Bylaws of IEC, effective as of January 20, 1999 (incorporated by reference to
Exhibit 3.2 to IEC's Form 10-K for the year ended December 31, 1998).
Bylaws of IESU, effective as of January 20, 1999 (incorporated by reference to
Exhibit 3.6 to IESU's Form 10-K for the year ended December 31, 1998).
Bylaws of WP&L, effective as of January 20, 1999 (incorporated by reference to
Exhibit 3.4 to WP&L's Form 10-K for the year ended December 31, 1998).
36
<PAGE>
ITEM 7. CONTRIBUTIONS AND PUBLIC RELATIONS
(1) NONE - Alliant Energy has established political action committees and
has incurred, in accordance with the provision of the Federal Election
Campaign Act and applicable state campaign laws, certain costs for the
administration of such committees.
(2)
<TABLE>
<CAPTION>
NAME OF COMPANY NAME OF RECIPIENT OR BENEFICIARY PURPOSE ACCOUNT CHARGED AMOUNT
- --------------------------- -------------------------------------------- ---------------- --------------------- --------------
<S> <C> <C> <C> <C>
Wisconsin Power & Light WI Utility Assoc. Dues, Support Operating Expense $226,453
Less than $10,000 - 6 beneficiaries (A) Operating Expense 13,577
IES Utilities Cedar Rapids Area Chamber of Commerce (A) Operating Expense 21,933
Iowa Utility Assoc. Dues, Support (B) 80,144
Less than $10,000 - 17 beneficiaries (A) Operating Expense 15,200
Interstate Power Co. Less than $10,000 - 12 beneficiaries (A) Operating Expense 42,357
</TABLE>
(A) Area Development
(B) Operating Expense and Miscellaneous, net
37
<PAGE>
ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
PART I.
<TABLE>
<CAPTION>
SERVING RECEIVING DATE OF IN EFFECT AT
TRANSACTION COMPANY COMPANY COMPENSATION CONTRACT YEAR END
- --------------------------------- ----------------- ------------------ ---------------- ------------- --------------
<S> <C> <C> <C> <C> <C>
Coal sales/blending Barge IESU $1,720,000 3/10/97 Yes
Coal Transportation CRANDIC IESU 1,670,000 4/1/98 Yes
Coal Transportation CRANDIC IESU 272,000 3/10/97 Yes
Coal Handling Barge WP&L 600,000 3/11/97 Yes
Environmental consulting RMT, Inc. WP&L $300,118 Numerous 15 contracts
Gas marketing Whiting IEA 270,000 12/23/97 Yes
Environmental consulting RMT, Inc. Whiting 243,903 5/15/98 No
Environmental consulting RMT, Inc. IESU 86,877 Numerous 4 contracts
Gas marketing Whiting IEA 73,416 8/5/97 Yes
Railcar cleaning Transfer CRANDIC 25,000 1995 Yes
Environmental consulting RMT, Inc. IEA 2,290 2/25/98 Yes
</TABLE>
PART II.
None.
PART III.
None.
Note: On April 21, 1998, the participants of a Risk Management Trust (RMT), of
which WP&L was a member of, agreed to dissolve the RMT.
38
<PAGE>
ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES
Alliant Energy de Mexico, LLC (Mexico LLC)
Alliant Energy de Mexico, S. de R.L. de C.V. (Mexico)
*Alliant Do Brasil Ltda. (Brasil)
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. (Operaciones)
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. (Servicios)
*Alliant International New Zealand Ltd. (New Zealand)
*Centelha do Oeste Empreendimentos E Participacoes S/C Ltda. (Centelha)
*Central Power Ltd. (Central Power)
*Grandelight Holding Ltd. (Grandelight)
*Handan Chengfeng Heat and Power Co. Ltd. (Handan)
*Alliant Energy Brazil, Inc. (Brazil)
*IES Brazil Ltda. (Brazil Ltda)
*Alliant Energy International, Inc. (International)
*Interstate Energy Corporation PTE Ltd. (IEC PTE)
*Jiaxing JIES Power and Heat Co. Ltd. (JIES)
*Jinan Yaqing Heat and Power Co. Ltd. (Jinan)
*Peak Pacific Investment Co. (Labuan) BHD (Labuan)
*Peak Pacific Investment Co. PTE Ltd. (PPIC)
*Powerco Ltd. (Powerco)
*Sawyer Finance Ltd. (Sawyer)
*Shijiazhuang Chengfeng Cogeneration Co. Ltd. (Shijiazhuang)
*Tongxiang TIES Power and Heat Co. Ltd. (TIES)
* In existence at date of merger closing.
All of the above entities are FUCOs. Interstate Energy Corporation had no
investments in EWGs at December 31, 1998.
PART I.
(A). Identify the company, its location and its business address. Describe the
facilities used for the generation, transmission and distribution of electric
energy for sale or for the distribution at retail of natural or manufactured
gas. Identify each system company that holds an interest in the company and
describe the interest held.
<TABLE>
<CAPTION>
DESCRIPTION OF ELECTRIC GENERATION, OWNER(S)
NAME OF BUSINESS TRANSMISSION AND DISTRIBUTION (see Item 1 and
COMPANY LOCATION ADDRESS FACILITIES AND GAS DISTRIBUTION Item 9(b) for
FACILITIES description)
- --------- ---------------------- ------------------------------- -----------------------------------------------------------
<S> <C> <C> <C> <C>
Mexico (See Business Corporation Trust Center, None International
LLC Address) 1209 Orange Street,
Wilmington, Delaware
Mexico (See Business San Luis Potosi No. 211-100, None International
Address) Colonia Roma, Mexico LLC
Delegacion Cuauhtemoc, 06770
Mexico, D.F.
Brasil (See Business 19th Floor, Room 8, None Brazil
Address) Rua Libero Badaro 293 Centalha
Sao Paulo, Brazil
</TABLE>
39
<PAGE>
<TABLE>
<CAPTION>
DESCRIPTION OF ELECTRIC GENERATION, OWNER(S)
NAME OF BUSINESS TRANSMISSION AND DISTRIBUTION (see Item 1 and
COMPANY LOCATION ADDRESS FACILITIES AND GAS DISTRIBUTION Item 9(b) for
FACILITIES description)
- --------- ---------------------- ------------------------------- -----------------------------------------------------------
<S> <C> <C> <C> <C>
Operaciones (See Business San Luis Potosi No. 211-100, None Mexico
Address) Colonia Roma, Mexico LLC
Delegacion Cuauhtemoc, 06770
Mexico, D.F.
Servicios (See Business San Luis Potosi No. 211-100, None Mexico
Address) Colonia Roma, Mexico LLC
Delegacion Cuauhtemoc, 06770
Mexico, D.F.
New (See Business Level 2, NZPP House, None International
Zealand Address) 15 Huron Street,
P.O. Box 33-1247, Takapuna,
Auckland, New Zealand 1332
Centelha (See Business 20th Floor, Suite 5, None International
Address) Rua Libero Badaro 293 Brazil
Sao Paulo, Brazil
Central Southern area of 400 Church Street, 32MW electric wind generation New Zealand Power
North Island, Private Bag 11-024, facility currently under construction.
New Zealand Palmerstown North, 4,347 kilometers of electric
New Zealand transmission and distribution lines.
Grandelight (See Business Tident Chambers, None International
Address) P.O. Box 146, Road Town,
Tortola, British Virgin
Islands
Handan Hebei Province, Jinfeng Street, North Section, Two 12MW coal burning electric PPIC
People's Republic of Lin Zhang County, generators currently under
China Handan City, construction.
Hebei Province,
People's Republic of China
Brazil (See Business 200 First Street S.E. None International
Address) Cedar Rapids, Iowa 52401
Brazil (See Business Rua Sao Benedito 1735, None International
Ltda. Address) Sao Paulo, Brasil 04735-000
International (See Business 200 First Street S.E. None Alliant Energy
Address) Cedar Rapids, Iowa 52401 Resources, Inc.
IEC PTE (See Business 65 Chulia Street, None International
Address) OCBC Cente, R #31-00,
East Lobby, Singapore, RE
049513
</TABLE>
40
<PAGE>
<TABLE>
<CAPTION>
DESCRIPTION OF ELECTRIC GENERATION, OWNER(S)
NAME OF BUSINESS TRANSMISSION AND DISTRIBUTION (see Item 1 and
COMPANY LOCATION ADDRESS FACILITIES AND GAS DISTRIBUTION Item 9(b) for
FACILITIES description)
- --------- ---------------------- ------------------------------- -----------------------------------------------------------
<S> <C> <C> <C> <C>
JIES Zhejiang Province, Yun He Qiao Tu, 36MW coal burning electric generation IEC PTE
People's Republic of Wai Huan Road, facility.
China Jiaxing City,
Zhejiang Province,
People's Republic of China
Jinan Shandong Province, Hualong Road, East End, Two 6MW coal burning electric PPIC
People's Republic of Development Zone, generators currently under
China Jinan City, construction.
Shandong Province,
People's Republic of China
Labuan (See Business Level 13(E), None PPIC
Address) Main Office Tower,
Financial Park Labuan,
Jalan Merdeke, 87000 Labuan
FT, East Malaysia
PPIC (See Business 302 Orchard Road, None Grandelight
Address) #18-02B Tong Building
Singapore 238862
Powerco Southern area of 151 St. Hill Street, Five hydroelectric generating New Zealand
North Island, Wanganui, New Zealand facilities with a combined capacity Sawyer
New Zealand of 41MW.
9,200 kilometers of electric
transmission and distribution lines.
Sawyer (See Business Level 2, NZPP House, None Investments
Address) 15 Huron Street,
P.O. Box 33-1247,
Takapuna, Auckland,
New Zealand 1332
Shijiazhuan Shijiazhuang North Beiguan, Two 12MW coal burning electric PPIC
Province, People's Zhengding County, generators currently under
Republic of China Shijiazhuang Province, construction.
People's Republic of China
TIES Zhejiang Province, B16-17 Tongxiang Economic 24MW coal burning electric generation IEC PTE
People's Republic of Development Zone, Tongxiang facility.
China City,
Zhejiang Province,
People's Republic of China
</TABLE>
(B). State the type and amount of capital invested in the company by the
registered holding company, directly or indirectly. Identify any debt or other
financial obligation for which there is recourse, directly or indirectly, to the
registered holding company or another system company, other than an EWG or
foreign utility company. Identify separately any direct or indirect guarantee of
a security of the EWG or foreign utility company by the registered holding
company. Identify any transfers of assets from any system company (other than an
exempt wholesale generator or foreign utility company) to an affiliate exempt
wholesale generator or foreign utility company. State the market value at the
time of the transfer, the book value and the sale price of the transferred
asset.
41
<TABLE>
<CAPTION>
CAPITAL INVESTED
-------------------------------------------------
DEBT, GUARANTEES OR TRANSFER OF
NAME OF AMOUNT OTHER FINANCIAL OBLIGATION ASSETS TO EWG OR
COMPANY SECURITY (in thousands) (in thousands) FUCO
- -------------- -------------------------- --------------------- ---------------------------------------------------
<S> <C> <C> <C> <C>
Mexico LLC Not Applicable $0 None None
Mexico 3,000 Participation Units $0 None None
Brasil 1,000 Quotas $1 None None
Operaciones 3,000 Participation Units $0 None None
Servicios 3,000 Participation Units $0 None None
New Zealand 24,858,503 Ordinary $15,804 Inter-company borrowings from None
Shares International of $12,943
Centelha 900 "Class A" Quotas $1 None None
100 "Class B" Quotas
Central Power 4,525,426 $7,932 None None
$0.50 Ordinary Shares
Grandelight 100,000 Registered Shares $4,499 Inter-company borrowings from None
International of $5,169
Handan Registered Capital $83 None None
Brazil 1,000 Common Shares $1 None None
Brazil Ltda. 49,998 Quotas $42 None None
International 1,000 Common Shares $18,400 Inter-company borrowings from None
Alliant Energy Resources, Inc.
of $53,220
(See Note A)
IEC PTE 2 Ordinary Shares $0 Inter-company borrowings from None
International of $23,837
JIES Registered Capital $13,119 None None
Jinan Registered Capital $157 None None
Labuan 2 Ordinary Shares $0 None None
PPIC 495 Voting Preference A $7,641 None None
Shares and 7,640,063
Non-voting Preference A
Shares
Powerco 8,608,074 $26,236 None None
$1.00 Ordinary Shares
Sawyer 2 Ordinary Shares $0 Inter-company borrowings from None
Investments of $9,258
Shijiazhuang Registered Capital $3,865 None None
TIES Registered Capital $12,050 None None
</TABLE>
Note A. Interstate Energy Corporation has entered into an agreement dated
October 30, 1998 with Alliant Energy Resources, Inc. (AER) which provides
support for AER's commercial paper program.
(C). State the ratio of debt to common equity of the company and earnings
of the company as of the end of the reporting period.
NAME OF RATIO OF DEBT TO COMMON
COMPANY EQUITY (*) 1998 EARNINGS/(LOSSES)
- -------------------- --------------------------- ---------------------------
Mexico LLC 0% $0
Mexico 0% $0
Brasil 0% $0
42
<PAGE>
NAME OF RATIO OF DEBT TO COMMON
COMPANY EQUITY (*) 1998 EARNINGS/(LOSSES)
- -------------------- --------------------------- ---------------------------
Operaciones 0% $0
Servicios 0% $0
New Zealand 0% $1,004
Centelha 0% $0
Central Power 30.4% $5,407 (**)
Grandelight 0% ($771)
Handan 0% ($82)
Brazil 0% $0
Brazil Ltda. 0% $0
International 0% ($6,935)
IEC PTE 0% $2,151
JIES 0% $1,612
Jinan 0% ($80)
Labuan Not readily available Not readily available
PPIC 0% ($2,515)
Powerco 42.8% $11,618 (**)
Sawyer 0% $324
Shijiazhuang 0% ($599)
TIES 0% $1,528
* Intercompany debt has been excluded from the calculation of this ratio.
** Represents earnings for the 1998 fiscal year (Twelve months ended March 31,
1998).
(D). Identify any service, sales or construction contract(s) between the company
and a system company, and describe the services to be rendered or goods sold and
the fees or revenues under such agreement(s).
None
PART II. Submit as Exhibit G an organizational chart showing the relationship of
each EWG and foreign utility company to other system companies. If the company
is a subsidiary of the registered holding company, submit the financial data
required in Exhibit H.
See Exhibit G and Exhibit H.
PART III. State the registered holding company's aggregate investment in EWGs
and foreign utility companies, respectively. Also state the ratio of aggregate
investment to the aggregate capital investment of the registered holding company
in its domestic public-utility subsidiary companies.
<TABLE>
<CAPTION>
AGGREGATE INVESTMENT IN AGGREGATE CAPITAL INVESTMENT IN
EWG'S AND FUCOS DOMESTIC PUBLIC-UTILITY SUBSIDIARIES RATIO
(in thousands) (in thousands)
--------------------------------- ---------------------------------------- ----------
<S> <C> <C> <C>
$66,421 $1,376,536 5%
</TABLE>
43
<PAGE>
ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS
The following items listed below which are identified with an asterisk (*) have
heretofore been filed with the SEC and are incorporated herein by reference and
made a part hereof. Exhibits not so identified are filed herewith unless
otherwise stated.
CONSOLIDATING FINANCIAL STATEMENTS AND NOTES
- --------------------------------------------
Exhibits
- --------
F.1 Report of Independent Public Accountants
F.2 Consolidating Statements of Income for the year ended December 31,
1998
F.3 Consolidating Balance Sheets at December 31, 1998
F.4 Consolidating Statements of Cash Flows for the year ended
December 31, 1998
F.5 Consolidating Statements of Retained Earnings at December 31, 1998
Pursuant to Exhibit A, the combined Annual Report on Form 10-K for the year
ended December 31, 1998, for IEC, IESU and WP&L is incorporated herein by
reference.
EXHIBITS
- --------
EXHIBIT A
A.1 * Annual Report of IEC on Form 10-K for the year ended
December 31, 1998 (Incorporated by reference to File No.
1-9894)
A.2 Annual Report to Shareowners for IEC for the year ended
December 31, 1998 (Filed under cover of Form SE)
A.3 * Annual Report of IESU on Form 10-K for the year ended
December 31, 1998 (Incorporated by reference to File No.
0-4117-1)
A.4 * Annual Report of WP&L on Form 10-K for the year ended
December 31, 1998 (Incorporated by reference to File No. 0-337)
EXHIBIT B
B.1 * Agreement and Plan of Merger, dated as of
November 10, 1995, by and among WPL Holdings, Inc., IES
Industries Inc., Interstate Power Company and AMW Acquisition,
Inc. (incorporated by reference to Exhibit 2.1 to IEC's Current
Report on Form 8-K, dated November 10, 1995)
B.2 * Amendment No. 1 to Agreement and Plan of
Merger and Stock Option Agreements, dated May 22, 1996, by and
among WPL Holdings, Inc., IES Industries Inc., Interstate Power
Company, a Delaware corporation, AMW Acquisition, Inc., WPLH
Acquisition Co. and Interstate Power Company, a Wisconsin
corporation (incorporated by reference to Exhibit 2.1 to IEC's
Current Report on Form 8-K, dated May 22, 1996)
B.3 * Amendment No. 2 to Agreement and Plan of
Merger, dated August 16, 1996, by and among WPL Holdings, Inc.,
IES Industries Inc., Interstate Power Company, a Delaware
corporation, WPLH Acquisition Co. and Interstate Power Company,
a Wisconsin corporation (incorporated by reference to Exhibit
44
<PAGE>
2.1 to IEC's Current Report on Form 8-K, dated August 15, 1996)
B.4 * Restated Articles of Incorporation of Interstate Energy
Corporation, as amended (incorporated by reference to Exhibit
3.2 to IEC's Current Report on Form 8-K, dated April 21, 1998)
B.5 * Bylaws of Interstate Energy Corporation,
effective as of January 20, 1999 (incorporated by reference to
Exhibit 3.2 to IEC's Form 10-K for the year ended December 31,
1998)
B.6 * Restated Articles of Incorporation of Wisconsin Power & Light
Company, as amended (incorporated by reference to Exhibit 3.1
to WP&L's Form 10-Q for the quarter ended June 30, 1994)
B.7 * Bylaws of Wisconsin Power and Light
Company, effective as of January 20, 1999 (incorporated by
reference to Exhibit 3.4 to WP&L's Form 10-K for the year ended
December 31, 1998)
B.8 * Amended and Restated Articles of Incorporation of IES
Utilities Inc. (incorporated by reference to Exhibit 3.5 to
IESU's Form 10-Q for the quarter ended June 30, 1998)
B.9 * Bylaws of IES Utilities Inc., effective as of January 20,
1999 (incorporated by reference to Exhibit 3.6 to IESU's Form
10-K for the year ended December 31, 1998)
B.10 * Restated Certificate of Incorporation of
Interstate Power Company as originally filed April 18, 1925 and
as amended effective through October 21, 1993 (incorporated by
reference to Exhibit 3.(i).1 to IPC's Form 10-K for the year
ended December 31, 1996)
B.11 * Certificate of Amendment to the Restated
Certificate of Incorporation of Interstate Power Company,
effective March 4, 1997 (incorporated by reference to Exhibit
3.(i).2 to IPC's Form 10-K for the year ended December 31,
1996)
B.12 Bylaws of Interstate Power Company, effective as of January
20, 1999
B.13 Articles of Incorporation of Alliant Energy Corporate Services,
Inc., dated December 8, 1997
B.14 Articles of Amendment to Articles of Incorporation of Alliant
Energy Corporate Services, Inc., effective as of January 29,
1999
B.15 Bylaws of Alliant Energy Corporate Services, Inc., effective as
of January 28, 1999
B.16 Articles of Incorporation of Alliant Energy Resources, Inc.,
effective as of January 11, 1988
B.17 Articles of Merger, Merging IES Diversified Inc. with and into
Alliant Energy Resources, Inc., effective as of April 21, 1998
B.18 Articles of Amendment to Articles of Incorporation of Alliant
Energy Resources, Inc., effective as of April 23, 1998
B.19 Articles of Amendment to Articles of Incorporation of Alliant
Energy Resources, Inc., effective as of December 9, 1998
B.20 Bylaws of Alliant Energy Resources, Inc., effective as of
January 20, 1999
EXHIBIT C
C.1 * Indenture of Mortgage or Deed of Trust dated August 1, 1941,
between WP&L and First Wisconsin Trust Company and George B.
45
<PAGE>
Luhman, as Trustees, filed as Exhibit 7(a) in File No. 2-6409,
and the indentures supplemental thereto dated, respectively,
January 1, 1948, September 1, 1948, June 1, 1950, April 1, 1951,
April 1, 1952, September 1, 1953, October 1, 1954, March 1,
1959, May 1, 1962, August 1, 1968, June 1, 1969, October 1,
1970, July 1, 1971, April 1, 1974, December 1, 1975, May 1,
1976, May 15, 1978, August 1, 1980, January 15, 1981, August 1,
1984, January 15, 1986, June 1, 1986, August 1, 1988,
December 1, 1990, September 1, 1991, October 1, 1991, March 1,
1992, May 1, 1992, June 1, 1992 and July 1, 1992 (Second Amended
Exhibit 7(b) in File No. 2-7361; Amended Exhibit 7(c) in File
No. 2-7628; Amended Exhibit 7.02 in File No. 2-8462; Amended
Exhibit 7.02 in File No. 2-8882; Second Amendment Exhibit 4.03
in File No. 2-9526; Amended Exhibit 4.03 in File No. 2-10406;
Amended Exhibit 2.02 in File No.2-11130; Amended Exhibit 2.02 in
File No. 2-14816; Amended Exhibit 2.02 in File No. 2-20372;
Amended Exhibit 2.02 in File No. 2-29738;
Amended Exhibit 2.02 in File No. 2-32947; Amended Exhibit 2.02
in File No. 2-38304; Amended Exhibit 2.02 in File No. 2-40802;
Amended Exhibit 2.02 in File No. 2-50308; Exhibit 2.01(a) in
File No. 2-57775; Amended Exhibit 2.02 in File No. 2-56036;
Amended Exhibit 2.02 in File No.2-61439; Exhibit 4.02 in File
No. 2-70534; Amended Exhibit 4.03 File No. 2-70534; Exhibit 4.02
in File No. 33-2579; Amended Exhibit 4.03 in
File No. 33-2579; Amended Exhibit 4.02 in File No. 33-4961;
Exhibit 4B to WP&L's Form 10-K for the year ended December 31,
1988, Exhibit 4.1 to WP&L's Form 8-K dated December 10, 1990,
Amended Exhibit 4.26 in File No. 33-45726, Amended Exhibit 4.27
in File No.33-45726, Exhibit 4.1 to WP&L's Form 8-K dated March
9, 1992, Exhibit 4.1 to WP&L's Form 8-K dated May 12, 1992,
Exhibit 4.1 to WP&L's Form 8-K dated June 29, 1992 and Exhibit
4.1 to WP&L's Form 8-K dated July 20, 1992)
C.2 * Rights Agreement, dated January 20, 1999,
between Interstate Energy Corporation and Firstar Bank
Milwaukee, N.A. (incorporated by reference to Exhibit 4.1 to
IEC's Registration Statement on Form 8-A, dated January 20,
1999)
C.3 * Indenture, dated as of June 20, 1997,
between WP&L and Firstar Trust Company, as Trustee, relating to
debt securities (incorporated by reference to Exhibit 4.33 to
Amendment No. 2 to WP&L's Registration Statement on Form S-3
(Registration No. 33-60917))
C.4 * Officers' Certificate, dated as of June 25, 1997, creating
the 7% debentures due June 15, 2007 of WP&L (incorporated by
reference to Exhibit 4 to WP&L's Current Report on Form 8-K,
dated June 25, 1997)
C.5 * Officers' Certificate, dated as of
October 27, 1998, creating the 5.70% debentures due October 15,
2008 of WP&L (incorporated by reference to Exhibit 4 to WP&L's
Current Report on Form 8-K, dated October 27, 1998)
C.6 * Indenture of Mortgage and Deed of Trust,
dated as of September 1, 1993, between IES Utilities Inc.
(formerly Iowa Electric Light and Power Company (IE)) and The
First National Bank of Chicago, as Trustee (Mortgage)
(incorporated by reference to Exhibit 4(c) to IESU's Form 10-Q
for the quarter ended September 30, 1993)
C.7 * Supplemental Indentures to the Mortgage:
<TABLE>
<CAPTION>
IESU/IES
Number Dated as of File Reference Exhibit
---------- --------------------- -------------------------- ---------
<S> <C> <C> <C>
First October 1, 1993 Form 10-Q, 11/12/93 4(d)
Second November 1, 1993 Form 10-Q, 11/12/93 4(e)
Third March 1, 1995 Form 10-Q, 5/12/95 4(b)
Fourth September 1, 1996 Form 8-K, 9/19/96 4(c)(i)
46
<PAGE>
Fifth April 1, 1997 Form 10-Q, 5/14/97 4(a)
</TABLE>
C.8 * Indenture of Mortgage and Deed of Trust,
dated as of August 1, 1940, between IES Utilities Inc.
(formerly IE) and The First National Bank of Chicago, Trustee
(1940 Indenture) (incorporated by reference to Exhibit 2(a) to
IESU's Registration Statement, File No. 2-25347)
C.9 * Supplemental Indentures to the 1940 Indenture:
<TABLE>
<CAPTION>
IESU
Number Dated as of File Reference Exhibit
------------------- ---------------------- ---------------------- ---------
<S> <C> <C> <C>
First March 1, 1941 2-25347 2(a)
Second July 15, 1942 2-25347 2(a)
Third August 2, 1943 2-25347 2(a)
Fourth August 10, 1944 2-25347 2(a)
Fifth November 10, 1944 2-25347 2(a)
Sixth August 8, 1945 2-25347 2(a)
Seventh July 1, 1946 2-25347 2(a)
Eighth July 1, 1947 2-25347 2(a)
Ninth December 15, 1948 2-25347 2(a)
Tenth November 1, 1949 2-25347 2(a)
Eleventh November 10, 1950 2-25347 2(a)
Twelfth October 1, 1951 2-25347 2(a)
Thirteenth March 1, 1952 2-25347 2(a)
Fourteenth November 5, 1952 2-25347 2(a)
Fifteenth February 1, 1953 2-25347 2(a)
Sixteenth May 1, 1953 2-25347 2(a)
Seventeenth November 3, 1953 2-25347 2(a)
Eighteenth November 8, 1954 2-25347 2(a)
Nineteenth January 1, 1955 2-25347 2(a)
Twentieth November 1, 1955 2-25347 2(a)
Twenty-first November 9, 1956 2-25347 2(a)
Twenty-second November 6, 1957 2-25347 2(a)
Twenty-third November 4, 1958 2-25347 2(a)
Twenty-fourth November 3, 1959 2-25347 2(a)
Twenty-fifth November 1, 1960 2-25347 2(a)
Twenty-sixth January 1, 1961 2-25347 2(a)
Twenty-seventh November 7, 1961 2-25347 2(a)
Twenty-eighth November 6, 1962 2-25347 2(a)
Twenty-ninth November 5, 1963 2-25347 2(a)
Thirtieth November 4, 1964 2-25347 2(a)
Thirty-first November 2, 1965 2-25347 2(a)
Thirty-second September 1, 1966 Form 10-K, 1966 4.10
Thirty-third November 30, 1966 Form 10-K, 1966 4.10
Thirty-fourth November 7, 1967 Form 10-K, 1967 4.10
Thirty-fifth November 5, 1968 Form 10-K, 1968 4.10
Thirty-sixth November 1, 1969 Form 10-K, 1969 4.10
Thirty-seventh December 1, 1970 Form 8-K, 12/70 1
Thirty-eighth November 2, 1971 2-43131 2(g)
Thirty-ninth May 1, 1972 Form 8-K, 5/72 1
Fortieth November 7, 1972 2-56078 2(i)
Forty-first November 7, 1973 2-56078 2(j)
Forty-second September 10, 1974 2-56078 2(k)
Forty-third November 5, 1975 2-56078 2(l)
47
<PAGE>
Forty-fourth July 1, 1976 Form 8-K, 7/76 1
Forty-fifth November 1, 1976 Form 8-K, 12/76 1
Forty-sixth December 1, 1977 2-60040 2(o)
Forty-seventh November 1, 1978 Form 10-Q, 6/30/79 1
Forty-eighth December 1, 1979 Form S-16, 2-65996 2(q)
Forty-ninth November 1, 1981 Form 10-Q, 3/31/82 2
Fiftieth December 1, 1980 Form 10-K, 1981 4(s)
Fifty-first December 1, 1982 Form 10-K, 1982 4(t)
Fifty-second December 1, 1983 Form 10-K, 1983 4(u)
Fifty-third December 1, 1984 Form 10-K, 1984 4(v)
Fifty-fourth March 1, 1985 Form 10-K, 1984 4(w)
Fifty-fifth March 1, 1988 Form 10-Q, 5/12/88 4(b)
Fifty-sixth October 1, 1988 Form 10-Q, 11/10/88 4(c)
Fifty-seventh May 1, 1991 Form 10-Q, 8/13/91 4(d)
Fifty-eighth March 1, 1992 Form 10-K, 1991 4(c)
Fifty-ninth October 1, 1993 Form 10-Q, 11/12/93 4(a)
Sixtieth November 1, 1993 Form 10-Q, 11/12/93 4(b)
Sixty-first March 1, 1995 Form 10-Q, 5/12/95 4(a)
Sixty-second September 1, 1996 Form 8-K, 9/19/96 4(f)
Sixty-third April 1, 1997 Form 10-Q, 5/14/97 4(b)
</TABLE>
C.10 * Indenture or Deed of Trust dated as of
February 1, 1923, between IES Utilities Inc. (successor to Iowa
Southern Utilities Company (IS) as result of merger of IS and
IE) and The Northern Trust Company (The First National Bank of
Chicago, successor) and Harold H. Rockwell (Richard D. Manella,
successor), as Trustees (1923 Indenture) (incorporated by
reference to Exhibit B-1 to File No. 2-1719)
C.11 * Supplemental Indentures to the 1923 Indenture:
Dated as of File Reference Exhibit
------------------------ --------------- --------
May 1, 1940 2-4921 B-1-k
May 2, 1940 2-4921 B-1-l
October 1, 1945 2-8053 7(m)
October 2, 1945 2-8053 7(n)
January 1, 1948 2-8053 7(o)
September 1, 1950 33-3995 4(e)
February 1, 1953 2-10543 4(b)
October 2, 1953 2-10543 4(q)
August 1, 1957 2-13496 2(b)
September 1, 1962 2-20667 2(b)
June 1, 1967 2-26478 2(b)
February 1, 1973 2-46530 2(b)
February 1, 1975 2-53860 2(aa)
July 1, 1975 2-54285 2(bb)
September 2, 1975 2-57510 2(bb)
March 10, 1976 2-57510 2(cc)
February 1, 1977 2-60276 2(ee)
January 1, 1978 0-849 2
March 1, 1979 0-849 2
March 1, 1980 0-849 2
May 31, 1986 33-3995 4(g)
July 1, 1991 0-849 4(h)
September 1, 1992 0-849 4(m)
48
<PAGE>
December 1, 1994 0-4117-1 4(f)
C.12 * Indenture (For Unsecured Subordinated Debt Securities),
dated as of December 1, 1995, between IES Utilities Inc. and
The First National Bank of Chicago, as Trustee (Subordinated
Indenture) (incorporated by reference to Exhibit 4(i) to
IESU's Amendment No. 1 to Registration Statement, File No.
33-62259)
C.13 * Indenture (For Senior Unsecured Debt Securities), dated as
of August 1, 1997, between IES Utilities Inc. and The First
National Bank of Chicago, as Trustee (incorporated by reference
to Exhibit 4(j) to IESU's Registration Statement, File No.
333-32097)
C.14 * The Original through the Nineteenth Supplemental Indentures
of Interstate Power Company to The Chase Manhattan Bank and
Carl E. Buckley and C. J. Heinzelmann, as Trustees, dated
January 1, 1948 securing First Mortgage Bonds (incorporated by
reference to Exhibits 4(b) through 4(t) to IPC's Registration
Statement No. 33-59352 dated March 11, 1993)
C.15 * Twentieth Supplemental Indenture of Interstate Power Company
to The Chase Manhattan Bank and C. J. Heinzelmann, as Trustees,
dated May 15, 1993 (incorporated by reference to Exhibit 4(u)
to IPC's Registration Statement No. 33-59352 dated March 11,
1993)
EXHIBIT D
Tax Allocation Agreement
EXHIBIT E
None
EXHIBIT F
F.1 Report of Independent Public Accountants
F.2 Consolidating Statements of Income for the year ended December
31, 1998
F.3 Consolidating Balance Sheets at December 31, 1998
F.4 Consolidating Statements of Cash Flows for the year ended December
31, 1998
F.5 Consolidating Statements of Retained Earnings at December 31, 1998
F.6 Supporting Schedules - Utility Plant Accounts
EXHIBIT G
Financial Data Schedules for Interstate Energy Corporation and subsidiaries
at and for the period ended December 31, 1998
EXHIBIT H
Foreign Utility Company Organization Chart
49
<PAGE>
SIGNATURE
The undersigned system company has duly caused this annual report to be signed
on its behalf by the undersigned thereunto duly authorized pursuant to the
requirements of the Public Utility Holding Company Act of 1935. The signature of
each undersigned company shall be deemed to relate only to matters having
reference to such company or its subsidiaries.
Interstate Energy Corporation
By: /s/ John E. Ebright
----------------------
John E. Ebright
Vice President - Controller
Date: June 18, 1999
50
<PAGE>
EXHIBIT INDEX
-------------
Exhibits Description
-------- -----------
23 Consent of Independent Public Accountants
B.12 Bylaws of Interstate Power Company, effective as of January 20,
1999
B.13 Articles of Incorporation of Alliant Energy Corporate Services,
Inc., dated December 8, 1997
B.14 Articles of Amendment to Articles of Incorporation of Alliant
Energy Corporate Services, Inc., effective as of January 29,
1999
B.15 Bylaws of Alliant Energy Corporate Services, Inc., effective as
of January 28, 1999
B.16 Articles of Incorporation of Alliant Energy Resources, Inc.,
effective as of January 11, 1988
B.17 Articles of Merger, Merging IES Diversified Inc. with and into
Alliant Energy Resources, Inc., effective as of April 21, 1998
B.18 Articles of Amendment to Articles of Incorporation of Alliant
Energy Resources, Inc., effective as of April 23, 1998
B.19 Articles of Amendment to Articles of Incorporation of Alliant
Energy Resources, Inc., effective as of December 9, 1998
B.20 Bylaws of Alliant Energy Resources, Inc., effective as of
January 20, 1999
D Tax Allocation Agreement
F.1 Report of Independent Public Accountants
F.2 Consolidating Statements of Income for the year ended December
31, 1998
F.3 Consolidating Balance Sheets at December 31, 1998
F.4 Consolidating Statements of Cash Flows for the year ended December
31, 1998
F.5 Consolidating Statements of Retained Earnings at December 31, 1998
F.6 Supporting Schedules - Utility Plant Accounts
G Financial Data Schedules for Interstate Energy Corporation and
subsidiaries at and for the period ended December 31, 1998
H Foreign Utility Company Organization Chart
I Foreign Utility Company Financial Statements
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
-----------------------------------------
As independent public accountants, we hereby consent to the incorporation by
reference in this Interstate Energy Corporation Annual Report (Form U5S) to the
Securities and Exchange Commission, filed pursuant to the Public Utility Holding
Company Act of 1935, for the year ended December 31, 1998, of our reports dated
January 29, 1999, on the consolidated financial statements of Interstate Energy
Corporation and subsidiaries and of certain of its subsidiaries (Wisconsin Power
and Light Company and IES Utilities Inc.), included in the combined Annual
Report (Form 10-K) to the Securities and Exchange Commission of Interstate
Energy Corporation and its subsidiaries and of certain of its subsidiaries for
the year ended December 31, 1998. It should be noted that we have performed no
audit procedures subsequent to January 29, 1999, the date of our reports.
Furthermore, we have not audited any financial statements of Interstate Energy
Corporation and its subsidiaries as of any date or for any period subsequent to
December 31, 1998.
/s/ Arthur Andersen LLP
Arthur Andersen LLP
Milwaukee, Wisconsin
May 14, 1999
U5S
EXHIBIT B.12
BYLAWS
OF
INTERSTATE POWER COMPANY
EFFECTIVE AS OF JANUARY 20, 1999
ARTICLE I
OFFICES
SECTION 1.1 PRINCIPAL AND BUSINESS OFFICES. - The Corporation may have
an office in the City of Dubuque, Iowa, and also offices at such other places as
the Board of Directors may designate or as the business of the Corporation may
require from time to time.
SECTION 1.2 REGISTERED OFFICE. - The registered office shall be in the
City of Wilmington, County of New Castle, State of Delaware.
ARTICLE II
SEAL
SECTION 2.1 CORPORATE SEAL. - The corporate seal shall have inscribed
thereon the name of the Corporation and the words "CORPORATE SEAL, DELAWARE."
Said seal may be used by causing it or a facsimile thereof to be impressed or
affixed or reproduced.
ARTICLE III
SHAREOWNERS
SECTION 3.1. ANNUAL MEETING. - The Annual Meeting of Shareowners shall
be held at such date and time as the Board of Directors may determine. The Board
of Directors may designate any place for the Annual Meeting. If no designation
is made, the place of the Annual Meeting shall be the principal office of the
Corporation. The Annual Meeting shall be held for the purposes of electing
Directors and of transacting such other business as may properly come before the
meeting.
SECTION 3.2 SPECIAL MEETINGS. - Special Meetings of the Shareowners may
be called by the Board of Directors or the Chief Executive Officer. The
Corporation shall call a Special Meeting of Shareowners in the event that the
holders of at least ten percent (10%) of all of the votes entitled to be cast on
any issue request a special meeting be held.
SECTION 3.3 NOTICE OF MEETINGS - WAIVER. - Notice of the time and place
of each Annual or Special Meeting of Shareowners shall be sent by mail to the
recorded address of each shareowner not less than ten (10) days nor more than
sixty (60) days before the date of the meeting, except in cases where other
special method of notice may be required by statute, in which case the statutory
method shall be followed. The notice of a Special Meeting shall state the
purpose of the meeting. If an Annual or Special Meeting of shareowners is
adjourned to a different date, time or place, the Corporation shall not be
required to give notice of the new date, time or place if the new date, time or
place is announced at the meeting before adjournment; provided, however, that if
a new record date for an adjourned meeting is or must be fixed, the Corporation
shall give notice of the adjourned meeting to persons who are shareowners as of
the new record date. Notice of any meeting of the shareowners may be waived by
any shareowner.
SECTION 3.4 FIXING OF RECORD DATE. - For the purpose of determining
shareowners entitled to notice of, or to vote at, any meeting of shareowners, or
at any adjournment thereof, or shareowners entitled to receive payment of any
dividend, or in order to make a determination of shareowners for any other
lawful action, the Board of Directors may fix, in advance, a record date for
such determination of shareowners. Such date in case of a meeting of shareowners
or other lawful action shall not be less than ten (10) days nor more than sixty
(60) days prior to the date of such meeting or lawful action. If no record date
is fixed by the Board of Directors or by statute for the determination of
shareowners entitled to demand a special meeting as contemplated in Section 3.2
hereof, the record date shall be the date that the first shareowner signs the
demand. When a determination of shareowners entitled to vote at any meeting of
shareowners has been made as provided in this section, such determination shall
apply to any adjournment thereof unless the meeting is adjourned to a date more
than one hundred twenty (120) days after the date fixed for the original meeting
in which event the Board of Directors must fix a new record date. If the
adjournment is for more than thirty (30) days, a notice of the adjourned meeting
shall be given to each shareowner of record.
SECTION 3.5 SHAREOWNER LIST. - The Corporation shall have available,
beginning two (2) days after the notice of the meeting is given for which the
list was prepared and continuing to the date of the meeting, a complete record
of each shareowner entitled to vote at such meeting, or any adjournment thereof,
showing the address of and number of shares held by each shareowner. The
shareowner list shall be available for inspection by any shareowner during
normal business hours at the Corporation's principal office or at a place
identified in the meeting notice in the city where the meeting will be held. The
Corporation shall make the shareowners' list available at the meeting and any
shareowner or his agent or attorney may inspect the list at any time the meeting
or any adjournment thereof.
SECTION 3.6 QUORUM AND VOTING REQUIREMENTS. - Shares entitled to vote
as a separate voting group may take action on a matter at a meeting only if a
quorum of those shares exists with respect to that matter. A majority of the
outstanding shares entitled to vote on a matter, represented in person or by
proxy, shall constitute a quorum for action on that matter. If a quorum exists,
except in the case of the election of directors, action on a matter shall be
approved if the votes cast favoring the action exceed the votes cast opposing
the action, unless the Corporation's Articles of Incorporation, any Bylaw
adopted under authority granted in the Articles of Incorporation or statute
requires a greater number of affirmative votes. Directors shall be elected by a
plurality of the votes cast by the shares entitled to vote in the election of
directors at a meeting at which a quorum is present. Though less than a quorum
of the outstanding votes are represented at a meeting, a majority of the votes
so represented may adjourn the meeting from time to time without further notice.
At such adjourned meeting at which a quorum shall be present or represented, any
business may be transacted which might have been transacted at the meeting as
originally notified.
SECTION 3.7 CONDUCT OF MEETING. - The Chairperson of the Board shall
preside at each meeting of shareowners. In the absence of the Chairperson of the
Board, such persons, in the following order, shall act as chair of the meeting;
the Vice Chairperson of the Board, the Chief Executive Officer, the President,
any Vice President, the Director in attendance with the longest tenure in that
office. The Secretary, or if absent, an Assistant Secretary, of the Company
shall act as Secretary of each shareowner meeting.
SECTION 3.8 PROXIES. - Any shareowner having the right to vote at a
meeting of shareowners may exercise such right by voting in person or by proxy
at such meeting. Such proxies shall be filed with the Secretary of the
Corporation before or at the time of the meeting. No proxy shall be valid after
three (3) years from the date of its execution, unless otherwise provided in the
proxy.
SECTION 3.9 VOTING OF SHARES. - Except as provided in the Articles of
Incorporation or statute, each outstanding share entitled to vote shall be
entitled to one (1) vote upon each matter submitted to a vote at a meeting of
shareowners.
SECTION 3.10 VOTING OF SHARES BY CERTAIN HOLDERS. - Shares standing in
the name of another corporation may be voted by such officer, agent or proxy as
the Bylaws of such corporation may prescribe, or, in the absence of such
provision, as the Board of Directors of such corporation may determine.
Shares held by an administrator, executor, guardian or conservator may
be voted by such person, either in person or by proxy, without a transfer of
such shares into that person's name. Shares standing in the name of a trustee
may be voted by such trustee, either in person or by proxy, without a transfer
of such shares into the trustee's name. The Corporation may request evidence of
such fiduciary status with respect to the vote, consent, waiver, or proxy
appointment.
Shares standing in the name of a receiver or trustee in bankruptcy may
be voted by such receiver or trustee, and shares held by or under the control of
a receiver may be voted by such receiver without the transfer of the shares into
such person's name if authority so to do is contained in an appropriate order of
the court by which such receiver was appointed.
A pledgee, beneficial owner, or attorney-in-fact of the shares held in
the name of a shareholder shall be entitled to vote such shares. The Corporation
may request evidence of such signatory's authority to sign for the shareholder
with respect to the vote, consent, waiver, or proxy appointment.
Neither treasury shares nor shares held by another corporation, if a
majority of the shares entitled to vote for the election of Directors of such
other corporation is held by the Corporation, shall be voted at any meeting or
counted in determining the total number of outstanding shares at any given time.
ARTICLE IV
BOARD OF DIRECTORS
SECTION 4.1 GENERAL POWER. - The business and affairs of the
Corporation shall be managed by its Board of Directors.
SECTION 4.2 NUMBER. CLASSES & TERM. - The number of Directors of the
Corporation shall be fifteen (15). The Directors of the Corporation shall be
divided into three classes, hereinafter referred to as "Class I," "Class II,"
and "Class III" with each class having five (5) Directors. The initial Class I
Directors shall consist of two (2) directors selected by each of IES Industries
Inc. ("IES") and WPL Holdings Inc. ("WPLH") and one (1) selected by Interstate
Power Company ("IPC"); the initial Class II Directors shall consist of two (2)
directors selected by each of IES and WPLH and one (1) selected by IPC; and the
initial Class III Directors shall consist of two (2) directors selected by each
of IES and WPLH and one (1) selected from IPC. The initial term of Class I
Directors shall expire at the first annual meeting of Shareowners of the
Corporation, the initial term of Class II Directors shall expire at the second
annual meeting of Shareowners of the Corporation and the initial term of Class
III Directors shall expire at the third annual meeting of Shareowners of the
Corporation.
At each annual shareowner meeting after the first annual shareowner
meeting, directors to replace those of a Class whose terms expire at such annual
meeting shall be elected to hold office until the third succeeding annual
meeting and until their respective successors shall have been duly qualified and
elected. If the number of directors is hereafter changed, any newly created
directorships or decrease in directorships shall be so apportioned among the
classes as to make all classes as nearly equal in number as is practicable.
SECTION 4.3 CHAIRPERSON OF THE BOARD. - The Chairperson of the Board if
not designated as the Chief Executive Officer of the Company shall assist the
Board in the formulation of policies and may make recommendations therefore.
Information as to the affairs of the Company in addition to that contained in
the regular reports shall be furnished to him or her on request. He or she may
make suggestions and recommendations to the Chief Executive Officer regarding
any matters relating to the affairs of the Company and shall be available for
consultation and advice.
SECTION 4.4 VICE CHAIRPERSON OF THE BOARD. - The Vice Chairperson of
the Board shall assist the Board in the formulation of policies and make
recommendations therefore. The Vice Chairperson shall have such other powers and
duties as may be prescribed for him or her by the Chairperson of the Board or
the Board of Directors. In the absence of or the inability of the Chairperson of
the Board to act as Chairperson of the Board, the Vice Chairperson of the Board
shall assume the powers and duties of the Chairperson of the Board.
SECTION 4.5 QUALIFICATIONS AND REMOVAL. - No person who has attained 71
years of age shall be eligible for election or re-election to the Board of
Directors. Any Director who has attained seventy-one (71) years of age shall
resign from the Board of Directors effective as of the next annual Meeting of
Shareowners. For a period of five (5) years following the formation of the
Corporation, no person, except any of the initial Directors selected pursuant to
Section 4.2 hereof, who is an executive officer or employee of the Corporation
or any of its subsidiaries shall be eligible to serve as a Director of the
Corporation; provided, however, that any individual serving as Chief Executive
Officer of the Corporation shall be eligible to serve as a Director of the
Corporation. In the event the Chief Executive Officer resigns or retires from
his or her office or employment with the Corporation, he or she shall
simultaneously submit his or her resignation from the Board of Directors. In the
event that the Chief Executive Officer is removed from his or her office by the
Board of Directors, or is involuntarily terminated from employment with the
Corporation, he or she shall simultaneously submit his or her resignation from
the Board of Directors. In the event that a Director experiences a change in
their principal occupation or primary business affiliation, the Director must
submit their resignation from the Board to the Nominating and Governance
Committee. The Nominating and Governance Committee shall recommend to the Board
of Directors whether the Board should accept such resignation. If the Nominating
and Governance Committee recommends acceptance of the resignation, an
affirmative vote of two-thirds of the remaining Directors holding office is
required to affirm the Nominating and Governance Committee's recommendation. A
resignation may be tendered by any Director at any meeting of the shareholders
or of the Board of Directors, who shall at such meeting accept the same.
SECTION 4.6 REGULAR MEETINGS. - Regular meetings of the Board of
Directors shall be held at such time and place as may be determined by the Board
of Directors, but in no event shall the Board meet less than once a year.
SECTION 4.7 SPECIAL MEETINGS. - Special meetings of the Board of
Directors may be called by or at the request of the Chairman of the Board, the
Vice Chairman of the Board, the Chief Executive Officer or any two (2)
Directors. The Chief Executive Officer or Secretary may fix any place, either
within or without the State of Wisconsin, whether in person or by
telecommunications, as the place for holding any special meeting.
SECTION 4.8 NOTICE; WAIVER. - Notice of any meeting of the Board of
Directors, unless otherwise provided pursuant to Section 4.6, shall be given at
least forty-eight (48) hours prior to the meeting by written notice delivered
personally or mailed to each Director at such address designed by each Director,
by telegram or other form of wire or wireless communication. The notice need not
describe the purpose of the meeting of the Board of Directors or the business to
be transacted at such meeting. If mailed, such notice shall be deemed to be
delivered when deposited in the United States mail, so addressed, with postage
prepared. Any Director may waive notice of any meeting. The attendance of a
Director at a meeting shall constitute a waiver of notice of such meeting,
except where a Director attends a meeting for the express purpose of objecting
to the transaction of business because the meeting is not lawfully called or
convened.
SECTION 4.9 QUORUM. - A majority of the Board of Directors shall
constitute a quorum for the transaction of business at any meeting of the Board
of Directors, but if less than such majority is present at a meeting, a majority
of the Directors present may adjourn the meeting to some other day without
further notice.
SECTION 4.10 MEETING PARTICIPATION. - (a) Any or all members of the
Board of Directors, or any committee thereof, may participate in a regular or
special meeting by, or to conduct the meeting through, the use of any means of
communication by which any of the following occurs:
1) All participating directors may simultaneously hear
each other during the meeting.
2) All communication during the meeting is immediately
transmitted to each participating director, and each
participating director is able to immediately send
messages to all other participating directors.
(b) If a meeting is conducted by the means of communication
described herein, all participating directors shall be
informed that a meeting is taking place at which official
business may be transacted.
(c) A director participating in a meeting by means of such
communication is deemed to be present in person at the
meeting.
SECTION 4.11 ACTION WITHOUT MEETING. - Any action required or permitted
to be taken at any meeting of the Directors of the Corporation or of any
committee of the Board may be taken without a meeting if a consent in writing
setting forth the action so taken shall be signed by all of the Directors or all
of the members of the Committee of Directors, as the case may be. Such consent
shall have the same force and effect as a unanimous vote at a meeting and shall
be filed with the Secretary of the Corporation to be included in the official
records of the Corporation. The action taken is effective when the last Director
signs the consent unless the consent specifies a different effective date.
SECTION 4.12 PRESUMPTION OF ASSENT. - A Director of the Corporation who
is present at a meeting of the Board of Directors at which action on any
corporate matter is taken shall be presumed to have assented to the action taken
unless (a) the Director objects at the beginning of the meeting or promptly upon
arrival to the holding of or transacting business at the meeting, (b) the
Director's dissent or abstention shall be entered in the minutes of the meeting,
(c) the Director shall file a written dissent or abstention to such action with
the presiding officer of the meeting before the adjournment thereof or shall
forward such dissent or abstention by registered or certified mail to the
Secretary of the Corporation immediately after the adjournment of the meeting,
or (d) the Director shall file a written notice to the Secretary of the
Corporation promptly after receiving the minutes of the meeting that the minutes
failed to show the Director's dissention or abstention from the action taken.
Such right to dissent or abstain shall not apply to a Director who voted in
favor of such action.
SECTION 4.13 VACANCIES. - Except as provided below, any vacancy
occurring in the Board of Directors or on any Committee of the Board of
Directors and any directorship to be filled by reason of an increase in the
number of Directors may be filled by the affirmative vote of a majority of the
Directors then in office, even if less than a quorum of the Board of Directors.
For a period of time commencing on formation of Interstate Energy Corporation
and expiring on the date of the third annual meeting of shareowners of the
Corporation, the initially appointed IES, IPC and WPLH directors, each as a
separate group, shall be entitled to nominate those persons who will be eligible
to be appointed, elected or re-elected as IES, IPC and WPLH Directors. The
Director or Directors so chosen shall hold office until the next election of the
Class for which such Director or Directors shall have been chosen and until
their successors shall have been duly elected and qualified.
SECTION 4.14 COMPENSATION. - Compensation and expenses for attendance
at a regular or special meeting of the Board of Directors, or at any committee
meeting, shall be payable in such amounts as determined from time to time by the
Board of Directors. No such payment shall preclude any Director from serving the
Corporation in any other capacity and receiving compensation therefor. Directors
who are full time employees or officers of the Corporation shall not receive any
compensation.
ARTICLE V
COMMITTEES
SECTION 5.1 COMMITTEES. - The Board of Directors may, by resolution
passed by a majority of the whole Board, designate from their number various
Committees from time to time as corporate needs may dictate. The Committees may
make their own rules of procedure and shall meet where and as provided by such
rules, or by resolution of the Board of Directors. A majority of the members of
the Committee shall constitute a quorum for the transaction of business. Each
Committee shall keep regular minutes of its meetings and report the same to the
Board of Directors when required. The Committee may be authorized by the Board
of Directors to perform specified functions, except that a committee may not do
any of the following: (a) authorize distributions; (b) approve or propose to
shareowners action that the General Corporation Law of the State of Delaware
requires to be approved by shareowners; (c) fill vacancies on the Board of
Directors, or, unless the Board of Directors provides by resolution that
vacancies on a committee shall be filled by the affirmative vote of the
remaining committee members, on any Board committee; (d) amend the Corporation's
Articles of Incorporation; (e) adopt, amend or repeal bylaws; (f) approve a plan
of merger not requiring shareowner approval; (g) authorize or approve
reacquisition of shares, except according to a formula or method prescribed by
the Board of Directors; and (h) authorize or approve the issuance or sale or
contract for sale of shares, or determine the designation and relative rights,
preferences and limitations of a class or series of shares, except that the
Board of Directors may authorize a committee to do so within limits prescribed
by the Board of Directors.
SECTION 5.2 EXECUTIVE COMMITTEE. An Executive Committee is hereby
established and shall consist of at least three (3) members, including the
Chairman of the Board. The Executive Committee shall possess all the powers and
authority of the Board of Directors when said Board of Directors is not in
session, except for the powers and authorities set forth in Section 5.1.
SECTION 5.3 AUDIT COMMITTEE. - An Audit Committee is hereby established
and shall consist of at least three (3) Directors, all of whom shall be outside
members of the Board of Directors. The members of the Committee shall be elected
annually by a majority vote of the members of the Board of Directors. Said
Committee shall meet at the call of any one of its members, but in no event
shall it meet less than once a year. Subsequent to each such Committee meeting,
a report of the actions taken by such Committee shall be made to the Board of
Directors.
SECTION 5.4 COMPENSATION AND PERSONNEL COMMITTEE - A Compensation and
Personnel Committee is hereby established and shall consist of at least three
(3) Directors who are not and never have been officers, employees or legal
counsel of the Company. The Chairperson and the members of the Compensation and
Personnel Committee shall be elected annually by a majority vote of the members
of the Board of Directors. Said Committee shall meet at such times as it
determines, but at least twice each year, and shall meet at the request of the
Chairman of the Board, the Chief Executive Officer, or any Committee member.
Subsequent to each such Committee meeting, a report of the actions taken by such
Committee shall be made to the Board of Directors.
SECTION 5.5 NOMINATING AND GOVERNANCE COMMITTEE. - A Nominating and
Governance Committee shall be established and shall consist of at least three
(3) Directors, all of whom shall be outside members of the Board of Directors.
The Chairperson and the members of the Nominating and Governance Committee shall
be elected annually by a majority vote of the members of the Board of Directors.
Said Committee shall meet at the call of any one of its members, but in no event
shall it meet less than once a year. Subsequent to each such Committee meeting,
a report of the actions taken by such Committee shall be made to the Board of
Directors.
ARTICLE VI
OFFICERS
SECTION 6.1 OFFICERS. - The Board of Directors shall elect a Chief
Executive Officer, a President, such number of Vice Presidents with such
designations as the Board of Directors at the time may decide upon, a Secretary,
a Treasurer and a Controller. The Chief Executive Officer may appoint such other
officers and assistant officers as may be deemed necessary. The same person may
simultaneously hold more than one such office.
SECTION 6.2 TERM OF OFFICERS. - All Officers, unless sooner removed,
shall hold their respective offices until their successors, willing to serve,
shall have been elected but any Officer may be removed from Office at any time
by the Board of Directors.
SECTION 6.3 REMOVAL OF OFFICERS. - Any officer may be removed by the
Board of Directors whenever in its judgment the best interests of the
Corporation will be served thereby, but such removal shall be without prejudice
to the contract rights, if any, of the person so removed. Election or
appointment of an officer shall not of itself create contract rights.
SECTION 6.4 CHIEF EXECUTIVE OFFICER. - Subject to the control of the
Board of Directors the Chief Executive Officer designated by the Board of
Directors shall have and be responsible for the general management and direction
of the business of the Corporation, shall establish the lines of authority and
supervision of the Officers and employees of the Corporation, shall have the
power to appoint and remove and discharge any and all agents and employees of
the Corporation not elected or appointed directly by the Board of Directors, and
shall assist the Board in the formulation of policies of the Corporation. The
Chairperson of the Board, if Chief Executive Officer, may delegate any part of
his or her duties to the President, or to one or more of the Vice Presidents of
the Corporation.
SECTION 6.5 PRESIDENT. - The President, when he or she is not
designated as and does not have the powers of the Chief Executive Officer, shall
have such other powers and duties as may from time to time be prescribed by the
Board of Directors or be delegated to him or her by the Chairperson of the Board
or the Chief Executive Officer.
SECTION 6.6 VICE PRESIDENTS. - The Vice Presidents shall have such
powers and duties as may be prescribed for him or her by the Board of Directors
and the Chief Executive Officer. In the absence of the Chief Executive Officer
or in the event of the death of the Chief Executive Officer and the President,
the inability or refusal to act, or in the event for any reason it shall be
impracticable for the Chief Executive Officer and the President to act
personally, the Vice President (or in the event there be more than one Vice
President, the Vice Presidents in the order designated by the Board of
Directors, or in the absence of any designation, then in the order of their
election) shall perform the duties of the Chief Executive Officer and the
President, and when so acting, shall have all the powers of and be subject to
all the restrictions upon the Chief Executive Officer and the President. The
execution of any instrument of the Corporation by any Vice President shall be
conclusive evidence, as to third parties, of his or her authority to act in the
stead of the Chief Executive Officer and the President.
SECTION 6.7 SECRETARY. - The Secretary shall attend all meetings of the
Board of Directors, shall keep a true and faithful record thereof in proper
books to be provided for that purpose, and shall be responsible for the custody
and care of the corporate seal, corporate records and minute books of the
Corporation, and of all other books, documents and papers as in the practical
business operation of the Corporation shall naturally belong in the office or
custody of the Secretary, or shall be placed in his or her custody by the Chief
Executive Officer or by the Board of Directors. He or she shall also act as
Secretary of all shareowners' meetings, and keep a record thereof. He or she
shall, except as may be otherwise required by statute or by these bylaws, sign,
issue and publish all notices required for meetings of shareowners and of the
Board of Directors. He or she shall be responsible for the custody of the stock
books of the Corporation and shall keep a suitable record of the addresses of
shareowners. He or she shall also be responsible for the collection, custody and
disbursement of the funds received for dividend reinvestment. He or she shall
sign stock certificates, bonds and mortgages, and all other documents and papers
to which his or her signature may be necessary or appropriate, shall affix the
seal of the Corporation to all instruments requiring the seal, and shall have
such other powers and duties as are commonly incidental to the office of
Secretary, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.8 TREASURER. - The Treasurer shall have charge of, and be
responsible for, the collection, receipt, custody and disbursement of the funds
of the Corporation, and shall deposit its funds in the name of the Corporation
in such banks or trust companies as he or she shall designate and shall keep a
proper record of cash receipts and disbursements. He or she shall be responsible
for the custody of such books, receipted vouchers and other books and papers as
in the practical business operation of the Corporation shall naturally belong in
the office or custody of the Treasurer, or shall be placed in his or her custody
by the President, or by the Board of Directors. He or she shall sign checks,
drafts, and other paper providing for the payment of money by the Corporation
for operating purposes in the usual course or business. He or she may, in the
absence of the Secretary and Assistant Secretaries sign stock certificates. The
Treasurer shall have such other powers and duties as are commonly incidental to
the office of Treasurer, or as may be prescribed for him or her by the President
or by the Board of Directors.
SECTION 6.9 CONTROLLER. - The Controller shall be the principal
accounting Officer of the Corporation. He or she shall have general supervision
over the books of accounts of the Corporation. He or she shall examine the
accounts of all Officers and employees from time to time and as often as
practicable, and shall see that proper returns are made of all receipts from all
sources. All bills, properly made in detail and certified, shall be submitted to
him or her, and he or she shall audit and approve the same if found satisfactory
and correct, but he or she shall not approve any voucher unless charges covered
by the voucher have been previously approved through work orders, requisition or
otherwise by the head of the department in which it originated, or unless he or
she shall be otherwise satisfied of its propriety and correctness. He or she
shall have full access to all minutes, contracts, correspondence and other
papers and records of the Corporation relating to its business matters, and
shall be responsible for the custody of such books and documents as shall
naturally belong in the custody of the Controller and as shall be placed in his
or her custody by the President or by the Board of Directors. The Controller
shall have such other powers and duties as are commonly incidental to the office
of Controller, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.10 ASSISTANT OFFICERS. - The Assistant Secretaries, Assistant
Treasurers, Assistant Controllers, and other Assistant Officers shall
respectively assist the Secretary, Treasurer, Controller, and other Officers of
the Corporation in the performance of the respective duties assigned to such
principal Officer, and in assisting his or her principal Officer each assistant
Officer shall to that extent and for such purpose have the same powers as his or
her principal Officer. The powers and duties of any such principal Officer shall
temporarily devolve upon an assistant Officer in case of the absence,
disability, death, resignation or removal from office of such principal Officer.
ARTICLE VII
CERTIFICATES FOR SHARES AND THEIR TRANSFER
SECTION 7.1 CERTIFICATES FOR SHARES. - Each certificate representing
shares of the Corporation shall state upon the fact (a) that the Corporation is
organized under the laws of the State of Wisconsin, (b) the name of the person
to whom issued, (c) the number and class of shares, and the designation of the
series, if any, which such certificate represents, and (d) the par value of each
share, if any, and each such certificate shall otherwise be in such form as
shall be determined by the Board of Directors. Such certificates shall be signed
by the Chairman of the Board, or the Chief Executive Officer or the President
and by the Secretary or an Assistant Secretary and shall be sealed with the
corporate seal or a facsimile thereof. The signatures of such officers upon a
certificate may be facsimiles if the certificate is manually signed on behalf of
a transfer agent and registrar. In case any officer or other authorized person
who has signed or whose facsimile signature has been placed upon such
certificate for the Corporation shall have ceased to be such officer or employee
or agent before such certificate is issued, it may be issued by the Corporation
with the same effect as if such person where an officer or employee or agent at
the date of its issue. Each certificate for shares shall be consecutively
numbered or otherwise identified.
All certificates surrendered to the Corporation for transfer shall be
canceled and no new certificate shall be issued until the former certificate for
a like number of shares shall have been surrendered and canceled, except that in
case of a lost, destroyed or mutilated certificate a new one may be issued
therefor upon such terms and indemnity to the Corporation as the Board of
Directors may prescribe.
SECTION 7.2. TRANSFER OF SHARES. - Transfer of shares of the
Corporation shall be made only on the stock transfer books of the Corporation by
the holder of record thereof or by such person's legal representative, who shall
furnish proper evidence of authority to transfer, or authorized attorney, by
power of attorney duly executed and filed with the Secretary of the Corporation,
and on surrender for cancellation of the certificate for such shares.
Subject to the provisions of Section 3.10 of Article III of these
Bylaws, the person in whose name shares stand on the books of the Corporation
shall be treated by the Corporation as the owner thereof for all purposes,
including all rights deriving from such shares, and the Corporation shall not be
bound to recognize any equitable or other claim to, or interest in, such shares
or rights deriving from such shares, on the part of any other person, including
(without limitation) a purchaser, assignee or transferee of such shares, or
rights deriving from such shares, unless and until such purchaser, assignee,
transferee or other person becomes the record holder of such shares, whether or
not the Corporation shall have either actual or constructive notice of the
interest of such purchaser, assignee, transferee or other person. Except as
provided in said Section 3.10 hereof, no such purchaser, assignee, transferee or
other person shall be entitled to receive notice of the meetings of
shareholders, to vote at such meetings, to examine the complete record of the
shareholders entitled to vote at meetings, or to own, enjoy or exercise any
other property or rights deriving from such shares against the Corporation,
until such purchaser, assignee, transferee or other person has become the record
holder of such shares.
SECTION 7.3 LOST, DESTROYED OR STOLEN CERTIFICATES. - When the owner
claims that certificates for shares have been lost, destroyed or wrongfully
taken, a new certificate shall be issued in place thereof if the owner (a) so
requests before the Corporation has notice that such shares have been acquired
by a bona fide purchaser, (b) files with the Corporation a sufficient indemnity
bond if required by the Corporation and (c) satisfies such other reasonable
requirements as may be provided by the Corporation.
SECTION 7.4 STOCK REGULATIONS. - The Board of Directors shall have the
power and authority to make all such further rules and regulations not
inconsistent with law as it may deem expedient concerning the issue, transfer
and registration of shares of the Corporation.
ARTICLE VIII
INDEMNIFICATION AND LIABILITY OF DIRECTOR AND OFFICERS
SECTION 8.1 INDEMNIFICATION. - The Corporation shall, to the fullest
extent permitted or required by Section 145 of the General Corporation Law of
the State of Delaware, including any amendments thereto (but in the case of any
such amendment, only to the extent such amendment permits or requires the
corporation to provide broader indemnification rights than prior to such
amendment), indemnify its Directors, Officers, employees and agents against any
and all Liabilities, and advance any and all reasonable Expenses, incurred
thereby in any Proceeding to which any such Director, Officer, employee or agent
is a Party because he or she is or was a Director, Officer, employee or agent of
the Corporation. The rights to indemnification granted hereunder shall not be
deemed exclusive of any other rights to indemnification against Liabilities or
the advancement of Expenses which a Director, Officer, employee or agent may be
entitled under any written agreement, Board resolution, vote of shareowners, the
General Corporation Law of the State of Delaware or otherwise. The Corporation
may, but shall not be required to, supplement the foregoing rights to
indemnification against Liabilities and advancement of Expenses under this
Section 8.1 by the purchase of insurance on behalf of any one or more of such
Directors, Officers, employees or agents, whether or not the Corporation would
be obligated to indemnify or advance Expenses to such Director, Officer,
employee or agent under this Section 8.1. All of the rights, privileges and
immunities extended to Directors of the Corporation by this Bylaw are also
extended to Directors Emeriti of the Corporation. Director shall mean either a
Director of the Corporation elected by the shareowners or the Board of Directors
or a Director Emeritus appointed by the Board of Directors of the Corporation.
ARTICLE IX
MISCELLANEOUS
SECTION 9.1 FISCAL YEAR. - The fiscal year of the Corporation shall
be the calendar year.
SECTION 9.2 DIVIDENDS. - Subject to the provisions of law or the
Articles of Incorporation, the Board of Directors may, at any regular or special
meeting, declare dividends upon the capital stock of the Corporation payable out
of surplus (whether earned or paid-in) or profits as and when they deem
expedient. Before declaring any dividend there may be set apart out of surplus
or profits such sum or sums as the directors from time to time in their
discretion deem proper for working capital or as a reserve fund to meet
contingencies or for such other purposes as the directors shall deem conducive
to the interests of the Corporation.
SECTION 9.3 CONTRACTS, CHECKS, DRAFTS, DEEDS, LEASES AND OTHER
INSTRUMENTS. - All contracts, checks, drafts or other orders for the payment of
money, notes or other evidences of indebtedness issued in the name of the
Corporation, shall be signed by such officer or officers, agent or agents of the
Corporation and in such manner as shall from time to time be determined by
resolution of the Board of Directors. The Board may authorize by resolution any
officer or officers to enter into and execute any contract or instrument of
indebtedness in the name of the Corporation, and such authority may be general
or confined to specific instances. All funds of the Corporation not otherwise
employed shall be deposited from time to time to the credit of the Corporation
in such banks or other depositories as the Treasurer may authorize.
All contracts, deeds, mortgages, leases or instruments that require the
corporate seal of the Corporation to be affixed thereto shall be signed by the
President or a Vice President, and by the Secretary, or an Assistant Secretary,
or by such other officer or officers, or person or persons, as the Board of
Directors may be resolution prescribe.
SECTION 9.4 VOTING OF SHARES OWNED BY THE CORPORATION. - Subject always
to the specific directions of the Board of Directors, any share or shares of
stock issued by any other corporation and owned or controlled by the Corporation
may be voted at any shareholders' meeting of such other corporation by the Chief
Executive Officer of the Corporation, if present, or if absent by any other
officer of the Corporation who may be present. Whenever, in the judgment of the
Chief Executive Officer, or if absent, of any officer, it is desirable for the
Corporation to execute a proxy or give a shareholders' consent in respect to any
share or shares of stock issued by any other corporation and owned by the
Corporation, such proxy or consent shall be executed in the name of the
Corporation by the Chief Executive Officer or one of the officers of the
Corporation and shall be attested by the Secretary or an Assistant Secretary of
the Corporation without necessity of any authorization by the Board of
Directors. Any person or persons designated in the manner above stated as the
proxy or proxies of the Corporation shall have full right, power and authority
to vote the share or shares of stock issued by such other corporation and owned
by the Corporation in the same manner as such share or shares might be voted by
the Corporation.
ARTICLE X
AMENDMENT OR REPEAL OF BYLAWS
SECTION 10.1 AMENDMENTS BY BOARD OF DIRECTORS. - Except as otherwise
provided by the General Corporation Law of the State of Delaware or the Articles
of Incorporation, these Bylaws may be amended or repealed and new Bylaws may be
adopted by the Board of Directors by the affirmative vote of a majority of the
number of directors present at any meeting at which a quorum is in attendance;
provided, however, that the shareowners in adopting, amending or repealing a
particular bylaw may provide therein that the Board of Directors may not amend,
repeal or readopt that bylaw.
SECTION 10.2 IMPLIED AMENDMENT. - Any action taken or authorized by the
shareowners or by the Board of Directors which would be inconsistent with the
Bylaws then in effect but which is taken or authorized by affirmative vote of
not less than the number of shares or the number of directors required to amend
the Bylaws so that the Bylaws would be consistent with such action shall be
given the same effect as though the Bylaws had been temporarily amended or
suspended so far, but only so far, as is necessary to permit the specific action
so taken or authorized.
ARTICLE XI
DIRECTOR EMERITUS PROGRAM
SECTION 11.1 ELIGIBILITY. - All Interstate Power Company Directors,
who were directors on the day before the merger of the Corporation, IES
Industries Inc. and WPL Holdings Inc. are eligible for the program.
SECTION 11.2 APPOINTMENT. - Each Director Emeritus is appointed by
action of the Corporation's Board of Directors.
SECTION 11.3 TERM OF SERVICE. - An individual is entitled to serve
as a Director Emeritus for a period of two years, but not beyond age 70.
SECTION 11.4 COMPENSATION. - Directors Emeriti are entitled to receive
the annual retainer fee paid to the Interstate Energy Company's or Successor
Company's regular directors, but are not entitled to meeting fees.
SECTION 11.5 SCOPE OF INVOLVEMENT. - Directors Emeriti are invited to
attend the annual shareowner meeting, the annual Board of Directors meeting, and
the Annual Board field trip. They will also be available to consult with and
advise the Chairman of the Board, the Vice chairman of the Board and the Chief
Executive Officer. Directors Emeritus shall not be entitled to vote on Board
matters.
SECTION 11.6 SECURITY LAW COMPLIANCE. - Directors Emeriti will be
considered "insiders" and remain subject to the reporting and short swing profit
recovery provisions of Section 16 of the 1934 Securities Act.
SECTION 11.7 INDEMNIFICATION. - Directors Emeriti will remain eligible
for indemnification from the Corporation to the same extent as regular Directors
and will be covered by the Directors and Officers Liability Insurance Policy.
- -------------------------------------------------------------------------------
I,________________________ , do hereby certify that I am the duly elected
and acting_______________ Corporate Secretary of Interstate Power Company, a
Delaware corporation, organized under the laws of the State, and that I have
access to the corporate records of said Company, and as such officer, I do
further certify that the foregoing Bylaws were adopted as of January 20, 1999.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate
seal of said Company this ____________ day of ___________________, 19____.
--------------------------------
U5S
EXHIBIT B.13
ARTICLES OF INCORPORATION
OF
ALLIANT SERVICES COMPANY
TO THE SECRETARY OF STATE OF THE STATE OF IOWA:
The undersigned, for the purpose of forming a corporation (hereinafter
referred to as the "Corporation") under the Iowa Business Corporation Act, as
amended (hereinafter referred to as the "BCA"), adopts the following Articles of
Incorporation for the Corporation:
1. The Name of the Corporation is:
ALLIANT SERVICES COMPANY
2. The aggregate number of shares that the Corporation is authorized to
issue is one hundred (100) shares of common stock, par value $0.01 per
share (hereinafter referred to as the "Common Stock"). Each holder of
Common Stock shall have one vote in respect of each share of stock by
him or her of record on the books of the Corporation for the election
of directors and on all matters submitted to a vote of shareholders of
the Corporation.
3. The street address of the Corporation's initial registered office in
Iowa and the name of its initial registered agent at that office is:
DARIN D. SMITH
200 FIRST STREET S.E.
CEDAR RAPIDS, IOWA 52401
4. The name and address of each incorporator is:
DARIN D. SMITH
200 FIRST STREET S.E.
CEDAR RAPIDS, IOWA 52401
<PAGE>
5. The Board of Directors shall consist of not less than three (3) and not
more than ten (10) directors who need not be shareholders, and the
number of directors shall be determined as stated in the bylaws of the
Corporation (hereinafter referred to as the "Bylaws"). At the regular
annual meeting, the shareholders shall elect the directors to serve for
the next year and until their successors are duly elected and
qualified, unless removed in accordance with the laws of the State of
Iowa.
6. The Board of Directors shall adopt Bylaws for the Corporation not
inconsistent with these Articles of Incorporation or the laws of the
State of Iowa and shall have the power to alter, amend, repeal or adopt
new Bylaws.
7. A director of this Corporation shall not be personally liable to the
Corporation or its shareholders for monetary damages for breach of
fiduciary duty as a director, except for liability (i) for any breach
of the director's duty of loyalty to the Corporation or its
shareholders, (ii) for acts or omissions not in good faith or which
involve intentional misconduct or a knowing violation of the law, (iii)
for any transaction from which the director derived an improper
personal benefit, or (iv) under Section 490.833 of the BCA, as amended
from time to time.
8. The Corporation shall indemnify its directors, officers, employees and
agents to the full extent permitted by the BCA, as amended from time to
time. The Corporation may purchase and maintain insurance on behalf of
any person who is or was a director, officer, employee or agent of the
Corporation, or is or was serving at the request of the Corporation as
a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise against liability
asserted against and incurred by such person in any such capacity or
arising out of such person's status as such, whether or not the
Corporation would have the power to indemnify such person against such
liability under the provisions of this section.
Dated this 8th day of December, 1997
<PAGE>
/s/ Darin D. Smith
Darin D. Smith, Incorporator
State of Iowa )
)ss
County of Linn )
On this 8th day of December, 1997, before me, Kathleen C. Balvanz,
personally appeared Darin D. Smith, known to me to be the person named herein
and who executed the foregoing Articles of Incorporation, and acknowledged that
he executed the same as his voluntary act and deed.
/s/ Kathleen C. Balvanz
Notary Public in and for said County and
State
U5S
EXHIBIT B.14
ARTICLES OF AMENDMENT
TO
ARTICLES OF INCORPORATION
OF
ALLIANT SERVICES COMPANY
The undersigned authorized officer of ALLIANT SERVICES COMPANY, an Iowa
corporation (the "Corporation") incorporated under the Iowa Business Corporation
Act, Chapter 490 of the Code of Iowa, hereby certifies in accordance with all
applicable provisions of the Iowa Business Corporation Act as described below:
1. The Name of the Corporation prior to any change effected by these
Articles of Amendment is ALLIANT SERVICES COMPANY.
2. Article 1 of the Corporation's Articles of Incorporation is amended and
restated in its entirety to read as follows:
1. The name of the Corporation is:
ALLIANT ENERGY CORPORATE SERVICES, INC.
3. Article 5 of the Corporation's Articles of Incorporation is amended and
restated in its entirety to read as follows:
5. The Board of Directors shall consist of not less than two (2) and
not more than ten (10) directors who need not be shareholders, and the
number of directors shall be determined as stated in the Bylaws. At the
regular annual meeting, the shareholders shall elect the directors to
serve for the next year and until their successors are duly elected and
qualified, unless removed in accordance with the laws of the State of
Iowa.
4. These amendments do not provide for an exchange, reclassification, or
------
cancellation of issued shares.
<PAGE>
5. These amendments were approved by the sole shareholder of the Corporation
by unanimous written consent on January 15, 1999, with the vote thereon
being recorded as follows:
Class No. of Shares No. of Shares Voted
- ----- ------------- -------------------
For Against Abstain
--- ------- -------
Common 100 100 -0- -0-
6. The effective date of these Articles of Amendment shall be January 29,
1999.
ALLIANT SERVICES COMPANY
By /s/ Pamela J. Wegner
Pamela J. Wegner, President
U5S
EXHIBIT B.15
BYLAWS
OF
ALLIANT ENERGY CORPORATE SERVICES, INC.
(EFFECTIVE AS OF JANUARY 28, 1999)
ARTICLE I
OFFICES
SECTION 1.1 PRINCIPAL AND BUSINESS OFFICES. - The principal office
shall be in the City of Dubuque, County of Dubuque, State of Iowa. The
Corporation may have other offices, either within or without the State of Iowa,
at such place or places as the Board of Directors may from time to time appoint
or the business of the Corporation may require.
SECTION 1.2 REGISTERED OFFICE. - The registered office of the
Corporation required by the Iowa Business Corporation Act to be maintained in
the State of Iowa may be, but need not be identical with the principal office in
the State of Iowa, and the address of the registered office may be changed from
time to time by the Board of Directors
ARTICLE II
SEAL
SECTION 2.1 CORPORATE SEAL. - The corporate seal shall have inscribed
thereon the name of the Corporation and the words "CORPORATE SEAL, IOWA." Said
seal may be used by causing it or a facsimile thereof to be impressed or affixed
or reproduced.
ARTICLE III
SHAREOWNERS
SECTION 3.1. ANNUAL MEETING. - The Annual Meeting of Shareowners shall
be at such date and time as the Board of Directors may determine. The Board of
Directors may designate any place for the Annual Meeting. If no designation is
made, the place of the Annual Meeting shall be the principal office of the
Corporation. The Annual Meeting shall be held for the purposes of electing
Directors and of transacting such other business as may properly come before the
meeting.
<PAGE>
SECTION 3.2 SPECIAL MEETINGS. - Special Meetings of the Shareowners may
be called by the Board of Directors or the President. The Corporation shall call
a Special Meeting of Shareowners in the event that the holders of at least ten
percent (10%) of all of the votes entitled to be cast on any issue request a
special meeting be held.
SECTION 3.3 NOTICE OF MEETINGS - WAIVER. - Notice of the time and place
of each Annual or Special Meeting of Shareowners shall be sent by mail to the
recorded address of each shareowner not less than ten (10) days nor more than
sixty (60) days before the date of the meeting, except in cases where other
special method of notice may be required by statute, in which case the statutory
method shall be followed. The notice of a Special Meeting shall state the object
of the meeting. If an Annual or Special Meeting of shareowners is adjourned to a
different date, time or place, the Corporation shall not be required to give
notice of the new date, time or place if the new date, time or place is
announced at the meeting before adjournment; provided, however, that if a new
record date for an adjourned meeting is or must be fixed, the Corporation shall
give notice of the adjourned meeting to persons who are shareowners as of the
new record date. Notice of any meeting of the shareowners may be waived by any
shareowner.
SECTION 3.4 FIXING OF RECORD DATE. - For the purpose of determining
shareowners entitled to notice of, or to vote at, any meeting of shareowners, or
at any adjournment thereof, or shareowners entitled to receive payment of any
dividend, or in order to make a determination of shareowners for any other
lawful action, the Board of Directors may fix, in advance, a record date for
such determination of shareowners. Such date in case of a meeting of shareowners
or other lawful action shall not be less than ten (10) days nor more than
seventy (70) days prior to the date of such meeting or lawful action. If no
record date is fixed by the Board of Directors or by statute for the
determination of shareowners entitled to demand a special meeting as
contemplated in Section 3.2 hereof, the record date shall be the date that the
first shareowner signs the demand. When a determination of shareowners entitled
to vote at any meeting of shareowners has been made as provided in this section,
such determination shall apply to any adjournment thereof unless the meeting is
adjourned to a date more than one hundred twenty (120) days after the date fixed
for the original meeting in which event the Board of Directors must fix a new
record date.
SECTION 3.5 SHAREOWNER LIST. - The Corporation shall have available,
beginning two (2) days after the notice of the meeting is given for which the
list was prepared and continuing to the date of the meeting, a complete record
of each shareowner entitled to vote at such meeting, or any adjournment thereof,
showing the address of and number of shares held by each shareowner. The
shareowner list shall be available for inspection by any shareowner during
normal business hours at the Corporation's principal office or at a place
identified in the meeting notice in the city where the meeting will be held. The
Corporation shall make the shareowners' list available at the meeting and any
shareowner or his/her agent or attorney may inspect the list at any time the
meeting or any adjournment thereof.
SECTION 3.6 QUORUM AND VOTING REQUIREMENTS. - Shares entitled to vote
as a separate voting group may take action on a matter at a meeting only if a
quorum of those shares exists with respect to that matter. A majority of the
outstanding shares entitled to vote on a matter, represented in person or by
proxy, shall constitute a quorum for action on that matter. If a quorum exists,
except in the case of the election of Directors, action on a matter shall be
approved if the votes cast favoring the action exceed the votes cast opposing
the action, unless the Corporation's Articles of Incorporation, any Bylaw
adopted under authority granted in the Articles of Incorporation or statute
requires a greater number of affirmative votes. Directors shall be elected by a
plurality of the votes cast by the shares entitled to vote in the election of
directors at a meeting at which a quorum is present. Though less than a quorum
of the outstanding votes are represented at a meeting, a majority of the votes
so represented may adjourn the meeting from time to time without further notice.
At such adjourned meeting at which a quorum shall be present or represented, any
business may be transacted which might have been transacted at the meeting as
originally notified.
SECTION 3.7 CONDUCT OF MEETING. - The Chairperson of the Board when he
or she is the Chief Executive Officer, and when he or she is not the Chief
Executive Officer or in his or her absence or at his or her request the
President, and in the absence of both the Chairperson of the Board and the
President then a Vice President, and if no Vice President be in attendance at
the meeting then a Director selected by the Directors attending the meeting, or
if no selection is made then the Director in attendance with the longest tenure
in such office, shall preside at each meeting of shareowners, and the Secretary,
or if absent, an Assistant Secretary, of the Corporation shall act as Secretary
of each shareowner meeting.
SECTION 3.8 PROXIES. - Any shareowner having the right to vote at a
meeting of shareowners may exercise such right by voting in person or by proxy
at such meeting. Such proxies shall be filed with the Secretary of the
Corporation before or at the time of the meeting. No proxy shall be valid after
eleven (11) months from the date of its execution, unless otherwise provided in
the proxy.
SECTION 3.9 VOTING OF SHARES. - Except as provided in the Articles of
Incorporation or statute, each outstanding share entitled to vote shall be
entitled to one (1) vote upon each matter submitted to a vote at a meeting of
shareowners.
SECTION 3.10 VOTING OF SHARES BY CERTAIN HOLDERS. - Shares standing in
the name of another corporation may be voted by such officer, agent or proxy as
the Bylaws of such corporation may prescribe, or, in the absence of such
provision, as the Board of Directors of such corporation may determine.
Shares held by an administrator, executor, guardian or conservator may
be voted by such person, either in person or by proxy, without a transfer of
such shares into that person's name. Shares standing in the name of a trustee
may be voted by such trustee, either in person or by proxy, without a transfer
of such shares into the trustee's name. The Corporation may request evidence of
such fiduciary status with respect to the vote, consent, waiver, or proxy
appointment.
Shares standing in the name of a receiver or trustee in bankruptcy may
be voted by such receiver or trustee, and shares held by or under the control of
a receiver may be voted by such receiver without the transfer of the shares into
such person's name if authority so to do is contained in an appropriate order of
the court by which such receiver was appointed.
A pledgee, beneficial owner, or attorney-in-fact of the shares held in
the name of a shareholder shall be entitled to vote such shares. The Corporation
may request evidence of such signatory's authority to sign for the shareholder
with respect to the vote, consent, waiver, or proxy appointment.
Neither treasury shares nor shares held by another corporation, if a
majority of the shares entitled to vote for the election of Directors of such
other corporation is held by the Corporation, shall be voted at any meeting or
counted in determining the total number of outstanding shares at any given time.
ARTICLE IV
BOARD OF DIRECTORS
SECTION 4.1 GENERAL POWER. - The business and affairs of the
Corporation shall be managed by its Board of Directors.
SECTION 4.2 NUMBER. - The number of Directors of the Corporation shall
be no less than two (2) nor more than ten (10) as fixed from time to time by
resolution of the Board of Directors. Each Director shall hold office until the
next annual meeting of shareholders and until the Director's successor shall
have been elected and qualified, unless removed with or without cause at a
meeting called expressly for that purpose by a vote of the holders of a majority
of the shares then entitled to vote at an election of Directors. Directors need
not be residents of the State of Iowa or shareholders of the Corporation.
SECTION 4.3 REGULAR MEETINGS. - Regular meetings of the Board of
Directors shall be held at such time and place as may be determined by the Board
of Directors, but in no event shall the Board meet less than once a year.
SECTION 4.4 SPECIAL MEETINGS. - Special meetings of the Board of
Directors may be called by or at the request of the Chairman of the Board,
President or any two (2) Directors. The President or Secretary may fix any
place, either within or without the State of Iowa, whether in person or by
telecommunications, as the place for holding any special meeting.
SECTION 4.5 NOTICE; WAIVER. - Notice of any meeting of the Board of
Directors, unless otherwise provided pursuant to Section 4.3, shall be given at
least forty-eight (48) hours prior to the meeting by written notice delivered
personally or mailed to each Director at such address designed by each Director,
by telegram or other form of wire or wireless communication. The notice need not
describe the purpose of the meeting of the Board of Directors or the business to
be transacted at such meeting. If mailed, such notice shall be deemed to be
delivered when deposited in the United States mail, so addressed, with postage
prepared. Any Director may waive notice of any meeting. The attendance of a
Director at a meeting shall constitute a waiver of notice of such meeting,
except where a Director attends a meeting for the express purpose of objecting
to the transaction of business because the meeting is not lawfully called or
convened.
SECTION 4.6 QUORUM. - A majority of the Board of Directors shall
constitute a quorum for the transaction of business at any meeting of the Board
of Directors, but if less than such majority is present at a meeting, a majority
of the Directors present may adjourn the meeting to some other day without
further notice.
SECTION 4.7 MEETING PARTICIPATION. - (a) Any or all members of the
Board of Directors, or any committee thereof, may participate in a regular or
special meeting by, or to conduct the meeting through, the use of any means of
communication by which any of the following occurs:
1) All participating directors may simultaneously hear
each other during the meeting.
2) All communication during the meeting is immediately
transmitted to each participating director, and each
participating director is able to immediately send
messages to all other participating directors.
(b) If a meeting is conducted by the means of communication
described herein, all participating directors shall be
informed that a meeting is taking place at which official
business may be transacted.
(c) A director participating in a meeting by means of such
communication is deemed to be present in person at the
meeting.
SECTION 4.8 ACTION WITHOUT MEETING. - Any action required or permitted
to be taken at any meeting of the Directors of the Corporation or of any
committee of the Board may be taken without a meeting if a consent in writing
setting forth the action so taken shall be signed by all of the Directors or all
of the members of the Committee of Directors, as the case may be. Such consent
shall have the same force and effect as a unanimous vote at a meeting and shall
be filed with the Secretary of the Corporation to be included in the official
records of the Corporation. The action taken is effective when the last Director
signs the consent unless the consent specifies a different effective date.
SECTION 4.9 PRESUMPTION OF ASSENT. - A Director of the Corporation who
is present at a meeting of the Board of Directors at which action on any
corporate matter is taken shall be presumed to have assented to the action taken
unless (a) the Director objects at the beginning of the meeting or promptly upon
arrival to the holding of or transacting business at the meeting, (b) the
Director's dissent or abstention shall be entered in the minutes of the meeting,
(c) the Director shall file a written dissent or abstention to such action with
the presiding officer of the meeting before the adjournment thereof or shall
forward such dissent or abstention by registered or certified mail to the
Secretary of the Corporation immediately after the adjournment of the meeting,
or (d) the Director shall file a written notice to the Secretary of the
Corporation promptly after receiving the minutes of the meeting that the minutes
failed to show the Director's dissention or abstention from the action taken.
Such right to dissent or abstain shall not apply to a Director who voted in
favor of such action.
SECTION 4.10 VACANCIES. - Except as provided below, any vacancy
occurring in the Board of Directors or on any Committee of the Board of
Directors and any directorship to be filled by reason of an increase in the
number of Directors may be filled by the affirmative vote of a majority of the
Directors then in office, even if less than a quorum of the Board of Directors.
ARTICLE V
COMMITTEES
SECTION 5.1 COMMITTEES. - The Board of Directors may, by resolution
passed by a majority of the whole Board, designate from their number various
Committees from time to time as corporate needs may dictate. The Committees may
make their own rules of procedure and shall meet where and as provided by such
rules, or by resolution of the Board of Directors. A majority of the members of
the Committee shall constitute a quorum for the transaction of business. Each
Committee shall keep regular minutes of its meetings and report the same to the
Board of Directors when required. The Committee may be authorized by the Board
of Directors to perform specified functions, except that a committee may not do
any of the following: (a) authorize distributions; (b) approve or propose to
shareowners action that the Iowa Business Corporation Act requires to be
approved by shareowners; (c) fill vacancies on the Board of Directors, or,
unless the Board of Directors provides by resolution that vacancies on a
committee shall be filled by the affirmative vote of the remaining committee
members, on any Board committee; (d) amend the Corporation's Articles of
Incorporation; (e) adopt, amend or repeal bylaws; (f) approve a plan of merger
not requiring shareowner approval; (g) authorize or approve reacquisition of
shares, except according to a formula or method prescribed by the Board of
Directors; and (h) authorize or approve the issuance or sale or contract for
sale of shares, or determine the designation and relative rights, preferences
and limitations of a class or series of shares, except that the Board of
Directors may authorize a committee to do so within limits prescribed by the
Board of Directors.
ARTICLE VI
OFFICERS
SECTION 6.1 OFFICERS. - The Board of Directors shall elect a Chief
Executive Officer, a President, such number of Vice Presidents with such
designations as the Board of Directors at the time may decide upon, a Secretary,
a Treasurer and a Controller. The Chief Executive Officer may appoint such other
officers and assistant officers as may be deemed necessary. The same person may
simultaneously hold more than one such office.
SECTION 6.2 TERM OF OFFICERS. - All officers, unless sooner removed,
shall hold their respective offices until their successors, willing to serve,
shall have been elected but any officer may be removed from Office at any time
by the Board of Directors.
SECTION 6.3 REMOVAL OF OFFICERS. - Any officer may be removed by the
Board of Directors whenever in its judgment the best interests of the
Corporation will be served thereby, but such removal shall be without prejudice
to the contract rights, if any, of the person so removed. Election or
appointment of an officer shall not of itself create contract rights.
SECTION 6.4 CHIEF EXECUTIVE OFFICER. - Subject to the control of the
Board of Directors the Chief Executive Officer designated by the Board of
Directors shall have and be responsible for the general management and direction
of the business of the Corporation, shall establish the lines of authority and
supervision of the Officers and employees of the Corporation, shall have the
power to appoint and remove and discharge any and all agents and employees of
the Corporation not elected or appointed directly by the Board of Directors, and
shall assist the Board in the formulation of policies of the Corporation. The
Chairperson of the Board, if Chief Executive Officer, may delegate any part of
his or her duties to the President, or to one or more of the Vice Presidents of
the Corporation.
SECTION 6.5 PRESIDENT. - The President, when he or she is not
designated as and does not have the powers of the Chief Executive Officer, shall
have such other powers and duties as usually devolve upon the President of a
Corporation and such other and further powers and duties as may from time to
time be prescribed by the Board of Directors or be delegated to him or her by
the Chairperson of the Board.
SECTION 6.6 VICE PRESIDENTS. - The Vice Presidents shall have such
powers and duties as may be prescribed for him or her by the Board of Directors
and the President. In the absence of the President or in the event of the
President's death, inability or refusal to act, or in the event for any reason
it shall be impracticable for the President to act personally, the Vice
President (or in the event there be more than one Vice President, the Vice
Presidents in the order designated by the Board of Directors, or in the absence
of any designation, then in the order of their election) shall perform the
duties of the President, and when so acting, shall have all the powers of and be
subject to all the restrictions upon the President. The execution of any
instrument of the Corporation by any Vice President shall be conclusive
evidence, as to third parties, of his or her authority to act in the stead of
the President.
SECTION 6.7 SECRETARY. - The Secretary shall attend all meetings of the
Board of Directors, shall keep a true and faithful record thereof in proper
books to be provided for that purpose, and shall be responsible for the custody
and care of the corporate seal, corporate records and minute books of the
Corporation, and of all other books, documents and papers as in the practical
business operation of the Corporation shall naturally belong in the office or
custody of the Secretary, or shall be placed in his or her custody by the Chief
Executive Officer or by the Board of Directors. He or she shall also act as
Secretary of all shareowners' meetings, and keep a record thereof. He or she
shall, except as may be otherwise required by statute or by these Bylaws, sign,
issue and publish all notices required for meetings of shareowners and of the
Board of Directors. He or she shall be responsible for the custody of the stock
books of the Corporation and shall keep a suitable record of the addresses of
shareowners. He or she shall also be responsible for the collection, custody and
disbursement of the funds received for dividend reinvestment. He or she shall
sign stock certificates, bonds and mortgages, and all other documents and papers
to which his or her signature may be necessary or appropriate, shall affix the
seal of the Corporation to all instruments requiring the seal, and shall have
such other powers and duties as are commonly incidental to the office of
Secretary, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.8 TREASURER. - The Treasurer shall have charge of, and be
responsible for, the collection, receipt, custody and disbursement of the funds
of the Corporation, and shall deposit its funds in the name of the Corporation
in such banks or trust companies as he or she shall designate and shall keep a
proper record of cash receipts and disbursements. He or she shall be responsible
for the custody of such books, receipted vouchers and other books and papers as
in the practical business operation of the Corporation shall naturally belong in
the office or custody of the Treasurer, or shall be placed in his or her custody
by the President, or by the Board of Directors. He or she shall sign checks,
drafts, and other paper providing for the payment of money by the Corporation
for operating purposes in the usual course or business. He or she may, in the
absence of the Secretary and Assistant Secretaries sign stock certificates. The
Treasurer shall have such other powers and duties as are commonly incidental to
the office of Treasurer, or as may be prescribed for him or her by the President
or by the Board of Directors.
SECTION 6.9 CONTROLLER. - The Controller shall be the principal
accounting Officer of the Corporation. He or she shall have general supervision
over the books of accounts of the Corporation. He or she shall examine the
accounts of all Officers and employees from time to time and as often as
practicable, and shall see that proper returns are made of all receipts from all
sources. All bills, properly made in detail and certified, shall be submitted to
him or her, and he or she shall audit and approve the same if found satisfactory
and correct, but he or she shall not approve any voucher unless charges covered
by the voucher have been previously approved through work orders, requisition or
otherwise by the head of the department in which it originated, or unless he or
she shall be otherwise satisfied of its propriety and correctness. He or she
shall have full access to all minutes, contracts, correspondence and other
papers and records of the Corporation relating to its business matters, and
shall be responsible for the custody of such books and documents as shall
naturally belong in the custody of the Controller and as shall be placed in his
or her custody by the President or by the Board of Directors. The Controller
shall have such other powers and duties as are commonly incidental to the office
of Controller, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.10 ASSISTANT OFFICERS. - The Assistant Secretaries, Assistant
Treasurers, Assistant Controllers, and other Assistant Officers shall
respectively assist the Secretary, Treasurer, Controller, and other Officers of
the Corporation in the performance of the respective duties assigned to such
principal Officer, and in assisting his or her principal Officer each assistant
Officer shall to that extent and for such purpose have the same powers as his or
her principal Officer. The powers and duties of any such principal Officer shall
temporarily devolve upon an assistant Officer in case of the absence,
disability, death, resignation or removal from office of such principal Officer.
ARTICLE VII
CERTIFICATES FOR SHARES AND THEIR TRANSFER
SECTION 7.1 CERTIFICATES FOR SHARES. - Each certificate representing
shares of the Corporation shall state upon the fact (a) that the Corporation is
organized under the laws of the State of Iowa, (b) the name of the person to
whom issued, (c) the number and class of shares, and the designation of the
series, if any, which such certificate represents, and (d) the par value of each
share, if any, and each such certificate shall otherwise be in such form as
shall be determined by the Board of Directors. Such certificates shall be signed
by the Chairman of the Board, the Chief Executive Officer or the President and
by the Secretary or an Assistant Secretary and shall be sealed with the
corporate seal or a facsimile thereof. The signatures of such officers upon a
certificate may be facsimiles if the certificate is manually signed on behalf of
a transfer agent and registrar. In case any officer or other authorized person
who has signed or whose facsimile signature has been placed upon such
certificate for the Corporation shall have ceased to be such officer or employee
or agent before such certificate is issued, it may be issued by the Corporation
with the same effect as if such person where an officer or employee or agent at
the date of its issue. Each certificate for shares shall be consecutively
numbered or otherwise identified.
All certificates surrendered to the Corporation for transfer shall be
canceled and no new certificate shall be issued until the former certificate for
a like number of shares shall have been surrendered and canceled, except that in
case of a lost, destroyed or mutilated certificate a new one may be issued
therefor upon such terms and indemnity to the Corporation as the Board of
Directors may prescribe.
SECTION 7.2. TRANSFER OF SHARES. - Transfer of shares of the
Corporation shall be made only on the stock transfer books of the Corporation by
the holder of record thereof or by such person's legal representative, who shall
furnish proper evidence of authority to transfer, or authorized attorney, by
power of attorney duly executed and filed with the Secretary of the Corporation,
and on surrender for cancellation of the certificate for such shares.
Subject to the provisions of Section 3.10 of Article III of these
Bylaws, the person in whose name shares stand on the books of the Corporation
shall be treated by the Corporation as the owner thereof for all purposes,
including all rights deriving from such shares, and the Corporation shall not be
bound to recognize any equitable or other claim to, or interest in, such shares
or rights deriving from such shares, on the part of any other person, including
(without limitation) a purchaser, assignee or transferee of such shares, or
rights deriving from such shares, unless and until such purchaser, assignee,
transferee or other person becomes the record holder of such shares, whether or
not the Corporation shall have either actual or constructive notice of the
interest of such purchaser, assignee, transferee or other person. Except as
provided in said Section 3.10 hereof, no such purchaser, assignee, transferee or
other person shall be entitled to receive notice of the meetings of
shareholders, to vote at such meetings, to examine the complete record of the
shareholders entitled to vote at meetings, or to own, enjoy or exercise any
other property or rights deriving from such shares against the Corporation,
until such purchaser, assignee, transferee or other person has become the record
holder of such shares.
SECTION 7.3 LOST, DESTROYED OR STOLEN CERTIFICATES. - When the owner
claims that certificates for shares have been lost, destroyed or wrongfully
taken, a new certificate shall be issued in place thereof if the owner (a) so
requests before the Corporation has notice that such shares have been acquired
by a bona fide purchaser, (b) files with the Corporation a sufficient indemnity
bond if required by the Corporation and (c) satisfies such other reasonable
requirements as may be provided by the Corporation.
SECTION 7.4 STOCK REGULATIONS. - The Board of Directors shall have the
power and authority to make all such further rules and regulations not
inconsistent with law as it may deem expedient concerning the issue, transfer
and registration of shares of the Corporation.
ARTICLE VIII
INDEMNIFICATION AND LIABILITY OF DIRECTOR AND OFFICERS
SECTION 8.1 INDEMNIFICATION. - The Corporation shall, to the fullest
extent permitted or required by the Iowa Business Corporation Act, including any
amendments thereto (but in the case of any such amendment, only to the extent
such amendment permits or requires the corporation to provide broader
indemnification rights than prior to such amendment), indemnify its Directors,
Officers, employees and agents against any and all Liabilities, and advance any
and all reasonable Expenses, incurred thereby in any Proceeding to which any
such Director, Officer, employee or agent is a Party because he or she is or was
a Director, Officer, employee or agent of the Corporation. The rights to
indemnification granted hereunder shall not be deemed exclusive of any other
rights to indemnification against Liabilities or the advancement of Expenses
which a Director, Officer, employee or agent may be entitled under any written
agreement, Board resolution, vote of shareowners, the Iowa Business Corporation
Act or otherwise. The Corporation may, but shall not be required to, supplement
the foregoing rights to indemnification against Liabilities and advancement of
Expenses under this Section 8.1 by the purchase of insurance on behalf of any
one or more of such Directors, Officers, employees or agents, whether or not the
Corporation would be obligated to indemnify or advance Expenses to such
Director, Officer, employee or agent under this Section 8.1.
ARTICLE IX
MISCELLANEOUS
SECTION 9.1 FISCAL YEAR. - The fiscal year of the Corporation shall be
the calendar year.
SECTION 9.2 DIVIDENDS. - Subject to the provisions of law or the
Articles of Incorporation, the Board of Directors may, at any regular or special
meeting, declare dividends upon the capital stock of the Corporation payable out
of surplus (whether earned or paid-in) or profits as and when they deem
expedient. Before declaring any dividend there may be set apart out of surplus
or profits such sum or sums as the directors from time to time in their
discretion deem proper for working capital or as a reserve fund to meet
contingencies or for such other purposes as the directors shall deem conducive
to the interests of the Corporation.
SECTION 9.3 CONTRACTS, CHECKS, DRAFTS, DEEDS, LEASES AND OTHER
INSTRUMENTS. - All contracts, checks, drafts or other orders for the payment of
money, notes or other evidences of indebtedness issued in the name of the
Corporation, shall be signed by such officer or officers, agent or agents of the
Corporation and in such manner as shall from time to time be determined by
resolution of the Board of Directors. The Board may authorize by resolution any
officer or officers to enter into and execute any contract or instrument of
indebtedness in the name of the Corporation, and such authority may be general
or confined to specific instances. All funds of the Corporation not otherwise
employed shall be deposited from time to time to the credit of the Corporation
in such banks or other depositories as the Treasurer may authorize.
All contracts, deeds, mortgages, leases or instruments that require the
corporate seal of the Corporation to be affixed thereto shall be signed by the
President or a Vice President, and by the Secretary, or an Assistant Secretary,
or by such other officer or officers, or person or persons, as the Board of
Directors may by resolution prescribe.
SECTION 9.4 VOTING OF SHARES OWNED BY THE CORPORATION. - Subject always
to the specific directions of the Board of Directors, any share or shares of
stock issued by any other corporation and owned or controlled by the Corporation
may be voted at any shareholders' meeting of such other corporation by the
President of the Corporation, if present, or if absent by any other officer of
the Corporation who may be present. Whenever, in the judgment of the President,
or if absent, of any officer, it is desirable for the Corporation to execute a
proxy or give a shareholders' consent in respect to any share or shares of stock
issued by any other corporation and owned by the Corporation, such proxy or
consent shall be executed in the name of the Corporation by the President or one
of the officers of the Corporation and shall be attested by the Secretary or an
Assistant Secretary of the Corporation without necessity of any authorization by
the Board of Directors. Any person or persons designated in the manner above
stated as the proxy or proxies of the Corporation shall have full right, power
and authority to vote the share or shares of stock issued by such other
corporation and owned by the Corporation in the same manner as such share or
shares might be voted by the Corporation.
ARTICLE X
AMENDMENT OR REPEAL OF BYLAWS
SECTION 10.1 AMENDMENTS BY BOARD OF DIRECTORS. - Except as otherwise
provided by the Iowa Business Corporation Law or the Articles of Incorporation,
these Bylaws may be amended or repealed and new Bylaws may be adopted by the
Board of Directors by the affirmative vote of a majority of the number of
directors present at any meeting at which a quorum is in attendance; provided,
however, that the shareowners in adopting, amending or repealing a particular
bylaw may provide therein that the Board of Directors may not amend, repeal or
readopt that bylaw.
SECTION 10.2 IMPLIED AMENDMENT. - Any action taken or authorized by the
shareowners or by the Board of Directors which would be inconsistent with the
Bylaws then in effect but which is taken or authorized by affirmative vote of
not less than the number of shares or the number of directors required to amend
the Bylaws so that the Bylaws would be consistent with such action shall be
given the same effect as though the Bylaws had been temporarily amended or
suspended so far, but only so far, as is necessary to permit the specific action
so taken or authorized.
- --------------------------------------------------------------------------------
I, _____ , ____ do _____ hereby _____ certify _____ that _____ I ____
am _____ the _____ duly _____ elected _____ and _____ acting _______________
Corporate Secretary of Alliant Energy Corporate Services Company, an Iowa
corporation, organized under the laws of the State, and that I have access to
the corporate records of said Company, and as such officer, I do further certify
that the foregoing Bylaws were adopted as of January 28, 1999.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
corporate seal of said Company this ____________ day of ___________________,
19____.
-----------------------------------
U5S
Exhibit B.16
ARTICLES OF INCORPORATION
OF
HEARTLAND DEVELOPMENT CORPORATION
EFFECTIVE AS OF JANUARY 11, 1988
ARTICLE 1
The name of the corporation is Heartland Development Corporation.
ARTICLE 2
The period of existence shall be perpetual.
ARTICLE 3
The purposes shall be to engage in any lawful activities authorized by Chapter
180 of the Wisconsin Statutes.
ARTICLE 4
The number of shares which it shall have authority to issue, itemized by
classes, par value of shares, shares without par value, and series, if any, with
a class, is:
Series Par value per share or statement that
Class (If any) Number of shares shares are without par value
- -------- ----------- ------------------- -------------------------------------
Common -- 2,800 No Par.
ARTICLE 5
The preferences, limitation, designation, and relative rights of each class or
series of stock, are
ARTICLE 6
The initial registered office is located in Dane County, Wisconsin, and the
address of such registered office is
222 West Washington Avenue
Madison, WI 53703
<PAGE>
The complete
address, including
street and number,
if assigned, and
the ZIP code, must
be stated.
ARTICLE 7
Name of initial registered agent at such address is Eugene O. Gehl.
- See instructions and suggestions elsewhere on the form -
ARTICLE 8
The number of directors constituting the board of directors shall be fixed by
by-law.
ARTICLE 9
These articles may be amended in the manner authorized by law at the time of
amendment.
ARTICLE 10
The name and address of incorporator are:
NAME ADDRESS
(street number, city, state & ZIP code)
1) William D. Harvey 1521 Windfield Way
Middleton, WI 53562
2)
3)
4)
Executed in duplicate of the 31st day of December, 1987
/s/ William D. Harvey
William D. Harvey
All incorporators
SIGN HERE
U5S
EXHIBIT B.17
ARTICLES OF MERGER
MERGING
IES DIVERSIFIED INC.
(AN IOWA CORPORATION)
WITH AND INTO
HEARTLAND DEVELOPMENT CORPORATION
(A WISCONSIN CORPORATION)
EFFECTIVE AS OF APRIL 21, 1998
ARTICLES OF MERGER executed as of this 20th day of April, 1998, by and
between Heartland Development Corporation, a Wisconsin corporation (hereinafter
referred to as the "Survivor"), and IES Diversified Inc., an Iowa corporation
(hereinafter referred to as the "Merging Corporation"), approved in accordance
with Section 180.1107 of the Wisconsin Business Corporation Law ("WBCL") and
Section 490.1107 of the Iowa Business Corporation Act ("IBCA").
ARTICLE I
The respective Boards of Directors of the Survivor and the Merging
Corporation, in accordance with their respective Articles of Incorporation and
Bylaws and Sections 180.1101 and 180.1107 of the WBCL and Sections 490.1101 and
490.1107 of the IBCA, each adopted resolutions adopting and approving a Plan of
Merger (the "Plan of Merger"), a true and correct copy of which is attached
hereto as Exhibit A and incorporated herein by reference.
ARTICLE II
The authorized capital stock of the Survivor currently consists of
2,800 shares of common stock, no par value ("Survivor Common Stock"), of which
100 shares were issued and outstanding (and entitled to one vote) at the close
of business on September 24, 1997, the record date for the determination of
holders of Survivor Common Stock entitled to notice of and to vote on the Plan
of Merger. The authorized capital stock of the Merging Corporation consists of
1,000,000 shares of common stock, no par value ("Merging Corp. Common Stock"),
of which 1,000 shares were issued and outstanding (and entitled to one vote) at
the close of business on January 27, 1998, the record date for determination of
holders of Merging Corp. Common Stock entitled to notice of and to vote on the
Plan of Merger.
ARTICLE III
In accordance with Section 180.1103 of the WBCL and Section 490.1103 of
the IBCA, the respective shareholders of the Survivor and the Merging
Corporation each approved by unanimous written consent as of September 24, 1997
and January 27, 1998, respectively, the Plan of Merger by the following votes:
Vote on Approval
Number of Shares Number of Number of Number of
Outstanding Votes per Affirmative Affirmative Votes
Class and Entitled to Vote Share Votes Cast Required
- ---------- -------------------- ------------ ----------- -------------------
Survivor 100 1 100 51
Common Stock
Merging Corp. 1,000 1 1,000 501
Common Stock
ARTICLE IV
In accordance with Section 490.1107 of the IBCA, the Secretary of State
of the State of Iowa is appointed as agent of Survivor for service of process in
a proceeding to enforce any obligation or the rights of dissenting shareholders
of the Merging Corporation (there being none). The Survivor agrees that it will
promptly pay to the dissenting shareholders of the Merging Corporation (there
being none) the amount, if any, to which they are entitled under Division XIII
of the IBCA.
ARTICLE V
These Articles of Merger shall be effective, and the merger of Merging
Corporation with and into the Survivor shall take effect, as of 12:30 a.m.,
Central Time, on Tuesday, April 21, 1998.
IN WITNESS WHEREOF, the undersigned Survivor and Merging Corporation
have executed these Articles of Merger in duplicate as of the date written
above.
IES DIVERSIFIED INC. HEARTLAND DEVELOPMENT
("Merging Corporation") CORPORATION
("Survivor")
By: /s/ James E. Hoffman By: /s/ Erroll B. Davis, Jr.
Name: James E. Hoffman Name: Erroll B. Davis, Jr.
Title: Vice President Title: Chairman
This document was drafted by, and a cop hereof should be returned to, Russell
E. Ryba of Foley & Lardner, 777 East Wisconsin Aveneu, Milwaukee, Wisconsin
53202-5367.
<PAGE>
EXHIBIT A
PLAN OF MERGER
THIS PLAN OF MERGER, dated as of April 20, 1998 (the "Plan of Merger"),
is entered into by and between Heartland Development Corporation, a Wisconsin
corporation ("HDC"), and IES Diversified Inc., and Iowa corporation
("Diversified").
NOW, THEREFORE, in consideration of the premises and the agreements
herein contained, the parties hereto, intending to be legally bound hereby,
agree to as follows:
ARTICLE I
THE MERGER
1.01. The Merger. Subject to the terms and conditions of this Plan of
Merger, Diversified shall be merged with and into HDC (the "Merger") in
accordance with and with the effect as provided in the Wisconsin Business
Corporation Law (the "WBCL") and the Iowa Business Corporation Act (the "IBCA").
HDC shall be the surviving corporation in the Merger (sometimes hereafter
referred to as the "Surviving Corporation") and shall continue its corporate
existence under the laws of the State of Wisconsin. The separate corporate
existence of Diversified shall cease.
1.02. Effective Time of the Merger. Subject to the provisions of this
Plan of Merger, articles of merger (the "Articles of Merger") shall be duly
prepared and executed by or on behalf of Diversified and HDC and thereafter
delivered to the Secretary of State of the State of Iowa and the Department of
Financial Institutions of the State of Wisconsin for filing, as provided in the
IBCA and the WBCL, as soon as practicable after the execution of this Plan of
Merger. The Merger shall become effective at the time specified in the Articles
of Merger filed with the Secretary of State of the State of Iowa and the
Department of Financial Institutions of the State of Wisconsin (the "Effective
Time").
1.03. Articles of Incorporation and By-Laws of the Surviving
Corporation. At the Effective Time, (i) the Articles of Incorporation of HDC in
effect immediately prior to the Effective Time shall be the Articles of
Incorporation of the Surviving Corporation; (ii) the By-Laws of HDC in effect
immediately prior to the Effective Time shall be the By-Laws of the Surviving
Corporation.
1.04. Directors and Officers of the Surviving Corporation. The
directors and officers of HDC at the Effective Time shall, from and after the
Effective Time, continue as the directors and officers of the Surviving
Corporation until their successors have been duly elected or appointed and
qualified or until their earlier death, resignation or removal.
ARTICLE II
CANCELLATION OF SHARES
2.01. Conversion of IES Common Stock. At the Effective Time, in
accordance with the terms and conditions set forth in this Plan of Merger, and
by virtue of the Merger and without any action on the part of any holder of
shares of Common Stock, no par value, of Diversified ("Diversified Common
Stock"), each share of Diversified Common Stock issued and outstanding
immediately prior to the Effective Time (all of which are owned beneficially and
of record by Interstate Energy Corporation, the parent company of HDC and
Diversified) shall be converted into the right to receive one (1) share of
Common Stock, no par value, of HDC ("HDC Common Stock").
2.02. No Effect on HDC Common Stock. The shares of HDC Common Stock
issued and outstanding immediately prior to the Effective Time shall not be
affected in any manner by virtue of the Merger and, immediately after the
Merger, shall remain issued and outstanding and owned by Interstate Energy
Corporation.
ARTICLE III
GENERAL PROVISIONS
3.01. Counterparts. This Plan of Merger may be executed in
counterparts, each of which shall constitute one and the same instrument.
3.02. Headings. The headings in this Plan of Merger are inserted
for convenience only and shall not constitute a part hereof.
IN WITNESS WHEREOF, the parties hereto have caused this Plan of Merger
to be duly executed as of the date first above written.
HEARTLAND DEVELOPMENT CORPORATION
("HDC")
By: /s/ Erroll B. Davis, Jr, Chairman
Erroll B. Davis, Jr.
Attest: /s/ Edward M. Gleason
Edward M. Gleason
IES DIVERSIFIED INC.
("Diversified")
By: /s/ James E. Hoffman, Vice President
James E. Hoffman.
Attest: /s/ Stephen W. Southwick
Stephen W. Southwick
U5S
EXHIBIT B.18
ARTICLES OF AMENDMENT
TO
ARTICLES OF INCORPORATION
OF
HEARTLAND DEVELOPMENT CORPORATION
1. The Name of the Corporation is Heartland Development Corporation.
2. Article 1 of the Corporation's Articles of Incorporation is hereby
amended in its entirety to provide as follows:
The name of the corporation is Alliant Industries, Inc.
3. The foregoing amendment to the Corporation's Articles of Incorporation
was submitted to the Corporation's shareholders by the Board of
Directors of the Corporation and was adopted by such shareholders on
April 21, 1998, in accordance with Section 180.1003 of the Wisconsin
Business Corporation Law.
Executed on behalf of the Corporation as of this 22nd day of April, 1998.
/s/ Erroll B. Davis, Jr.
Erroll B. Davis, Jr.
Chief Executive Officer
This instrument was drafted by, and should be returned to, Russell E. Ryba of
the firm of Foley & Lardner, 777 East Wisconsin Avenue, Milwaukee, Wisconsin
53202-5367.
U5S
EXHIBIT B.19
ARTICLES OF AMENDMENT
TO
ARTICLES OF INCORPORATION
OF
ALLIANT INDUSTRIES, INC.
The undersigned authorized officer of Alliant Industries, Inc., a
Wisconsin corporation (the "Corporation") incorporated under the Wisconsin
Business Corporation Law, Chapter 180 of the Wisconsin Statutes, hereby
certifies in accordance with all applicable provisions of the Wisconsin Business
Corporation Law as described below:
1. The Name of the Corporation prior to any change effected by these Articles
of Amendment is Alliant Industries, Inc.
2. Article 1 of such Corporation's Amended Articles of Incorporation is
amended and restated in its entirety to read as follows:
"Article 1. The name of the Corporation is Alliant Energy Resources, Inc."
3. The Amendment was adopted by the Board of Directors and Shareholders as of
November 18, 1998 in accordance with Chapter 180.1003.
IN WITNESS WHEREOF, the undersigned has executed and subscribed these
Articles of Amendment on behalf of the Corporation and does affirm the
foregoing as true as of the 18th day of November, 1998.
ALLIANT INDUSTRIES, INC.
(TO BE KNOWN AS ALLIANT ENERGY RESOURCES, INC.)
By: /s/ James E. Hoffman
James E. Hoffman, President
This instrument was drafted by and should be returned to Attorney
Steven R. Suleski, Alliant Services Company, Post Office Box 192, Madison,
Wisconsin 53701-0192.
U5S
EXHIBIT B.20
BYLAWS
OF
ALLIANT ENERGY RESOURCES, INC.
EFFECTIVE AS OF JANUARY 20, 1999
ARTICLE I
OFFICES
SECTION 1.1 PRINCIPAL AND BUSINESS OFFICES. - The Corporation may have
such principal and other business offices, either within or without the State of
Wisconsin, as the Board of Directors may designate or as the business of the
Corporation may require from time to time.
SECTION 1.2 REGISTERED OFFICE. - The registered office of the
Corporation required by the Wisconsin Business Corporation Law to be maintained
in the State of Wisconsin may be, but need not be, identical with the principal
office in the State of Wisconsin, and the address of the registered office may
be changed from time to time by the Board of Directors or by the registered
agent. The business office of the registered agent of the Corporation shall be
identical to such registered office.
ARTICLE II
SEAL
SECTION 2.1 CORPORATE SEAL. - The corporate seal shall have inscribed
thereon the name of the Corporation and the words "CORPORATE SEAL, WISCONSIN."
Said seal may be used by causing it or a facsimile thereof to be impressed or
affixed or reproduced.
ARTICLE III
SHAREOWNERS
SECTION 3.1. ANNUAL MEETING. - The Annual Meeting of Shareowners shall
be held at such date and time as the Board of Directors may determine. The Board
of Directors may designate any place, either within or without the State of
Wisconsin, as the place for the Annual Meeting. If no designation is made, the
place of the Annual Meeting shall be the principal office of the Corporation.
The Annual Meeting shall be held for the purposes of electing Directors and of
transacting such other business as may properly come before the meeting.
SECTION 3.2 SPECIAL MEETINGS. - Special Meetings of the Shareowners may
be called by the Board of Directors or the Chief Executive Officer. The
Corporation shall call a Special Meeting of Shareowners in the event that the
holders of at least ten percent (10%) of all of the votes entitled to be cast on
any issue request a special meeting be held.
SECTION 3.3 NOTICE OF MEETINGS - WAIVER. - Notice of the time and place
of each Annual or Special Meeting of Shareowners shall be sent by mail to the
recorded address of each shareowner not less than ten (10) days nor more than
sixty (60) days before the date of the meeting, except in cases where other
special method of notice may be required by statute, in which case the statutory
method shall be followed. The notice of a Special Meeting shall state the
purpose of the meeting. If an Annual or Special Meeting of shareowners is
adjourned to a different date, time or place, the Corporation shall not be
required to give notice of the new date, time or place if the new date, time or
place is announced at the meeting before adjournment; provided, however, that if
a new record date for an adjourned meeting is or must be fixed, the Corporation
shall give notice of the adjourned meeting to persons who are shareowners as of
the new record date. Notice of any meeting of the shareowners may be waived by
any shareowner.
SECTION 3.4 FIXING OF RECORD DATE. - For the purpose of determining
shareowners entitled to notice of, or to vote at, any meeting of shareowners, or
at any adjournment thereof, or shareowners entitled to receive payment of any
dividend, or in order to make a determination of shareowners for any other
lawful action, the Board of Directors may fix, in advance, a record date for
such determination of shareowners. Such date in case of a meeting of shareowners
or other lawful action shall not be more than seventy (70) days prior to the
date of such meeting or lawful action. If no record date is fixed by the Board
of Directors or by statute for the determination of shareowners entitled to
demand a special meeting as contemplated in Section 3.2 hereof, the record date
shall be the date that the first shareowner signs the demand. When a
determination of shareowners entitled to vote at any meeting of shareowners has
been made as provided in this section, such determination shall apply to any
adjournment thereof unless the meeting is adjourned to a date more than one
hundred twenty (120) days after the date fixed for the original meeting in which
event the Board of Directors must fix a new record date.
SECTION 3.5 SHAREOWNER LIST. - The Corporation shall have available,
beginning two (2) days after the notice of the meeting is given for which the
list was prepared and continuing to the date of the meeting, a complete record
of each shareowner entitled to vote at such meeting, or any adjournment thereof,
showing the address of and number of shares held by each shareowner. The
shareowner list shall be available for inspection by any shareowner during
normal business hours at the Corporation's principal office or at a place
identified in the meeting notice in the city where the meeting will be held. The
Corporation shall make the shareowners' list available at the meeting and any
shareowner or his agent or attorney may inspect the list at any time the meeting
or any adjournment thereof.
SECTION 3.6 QUORUM AND VOTING REQUIREMENTS. - Shares entitled to vote
as a separate voting group may take action on a matter at a meeting only if a
quorum of those shares exists with respect to that matter. A majority of the
outstanding shares entitled to vote on a matter, represented in person or by
proxy, shall constitute a quorum for action on that matter. If a quorum exists,
except in the case of the election of directors, action on a matter shall be
approved if the votes cast favoring the action exceed the votes cast opposing
the action, unless the Corporation's Articles of Incorporation, any Bylaw
adopted under authority granted in the Articles of Incorporation or statute
requires a greater number of affirmative votes. Directors shall be elected by a
plurality of the votes cast by the shares entitled to vote in the election of
directors at a meeting at which a quorum is present. Though less than a quorum
of the outstanding votes are represented at a meeting, a majority of the votes
so represented may adjourn the meeting from time to time without further notice.
At such adjourned meeting at which a quorum shall be present or represented, any
business may be transacted which might have been transacted at the meeting as
originally notified.
SECTION 3.7 CONDUCT OF MEETING. - The Chairperson of the Board shall
preside at each meeting of shareowners. In the absence of the Chairperson of the
Board, such persons, in the following order, shall act as chair of the meeting;
the Vice Chairperson of the Board, the Chief Executive Officer, the President,
any Vice President, the Director in attendance with the longest tenure in that
office. The Secretary, or if absent, an Assistant Secretary, of the Company
shall act as Secretary of each shareowner meeting.
SECTION 3.8 PROXIES. - Any shareowner having the right to vote at a
meeting of shareowners may exercise such right by voting in person or by proxy
at such meeting. Such proxies shall be filed with the Secretary of the
Corporation before or at the time of the meeting. No proxy shall be valid after
eleven (11) months from the date of its execution, unless otherwise provided in
the proxy.
SECTION 3.9 VOTING OF SHARES. - Except as provided in the Articles of
Incorporation or statute, each outstanding share entitled to vote shall be
entitled to one (1) vote upon each matter submitted to a vote at a meeting of
shareowners.
SECTION 3.10 VOTING OF SHARES BY CERTAIN HOLDERS. - Shares standing in
the name of another corporation may be voted by such officer, agent or proxy as
the Bylaws of such corporation may prescribe, or, in the absence of such
provision, as the Board of Directors of such corporation may determine.
Shares held by an administrator, executor, guardian or conservator may
be voted by such person, either in person or by proxy, without a transfer of
such shares into that person's name. Shares standing in the name of a trustee
may be voted by such trustee, either in person or by proxy, without a transfer
of such shares into the trustee's name. The Corporation may request evidence of
such fiduciary status with respect to the vote, consent, waiver, or proxy
appointment.
Shares standing in the name of a receiver or trustee in bankruptcy may
be voted by such receiver or trustee, and shares held by or under the control of
a receiver may be voted by such receiver without the transfer of the shares into
such person's name if authority so to do is contained in an appropriate order of
the court by which such receiver was appointed.
A pledgee, beneficial owner, or attorney-in-fact of the shares held in
the name of a shareholder shall be entitled to vote such shares. The Corporation
may request evidence of such signatory's authority to sign for the shareholder
with respect to the vote, consent, waiver, or proxy appointment.
Neither treasury shares nor shares held by another corporation, if a
majority of the shares entitled to vote for the election of Directors of such
other corporation is held by the Corporation, shall be voted at any meeting or
counted in determining the total number of outstanding shares at any given time.
ARTICLE IV
BOARD OF DIRECTORS
SECTION 4.1 GENERAL POWER. - The business and affairs of the
Corporation shall be managed by its Board of Directors.
SECTION 4.2 NUMBER. - The number of Directors of the Corporation shall
be fifteen (15).
SECTION 4.3 CHAIRPERSON OF THE BOARD. - The Chairperson of the Board if
not designated as the Chief Executive Officer of the Company shall assist the
Board in the formulation of policies and may make recommendations therefore.
Information as to the affairs of the Company in addition to that contained in
the regular reports shall be furnished to him or her on request. He or she may
make suggestions and recommendations to the Chief Executive Officer regarding
any matters relating to the affairs of the Company and shall be available for
consultation and advice.
SECTION 4.4 VICE CHAIRPERSON OF THE BOARD. - The Vice Chairperson of
the Board shall assist the Board in the formulation of policies and make
recommendations therefore. The Vice Chairperson shall have such other powers and
duties as may be prescribed for him or her by the Chairperson of the Board or
the Board of Directors. In the absence of or the inability of the Chairperson of
the Board to act as Chairperson of the Board, the Vice Chairperson of the Board
shall assume the powers and duties of the Chairperson of the Board.
SECTION 4.5 QUALIFICATIONS AND REMOVAL. - No person who has attained 71
years of age shall be eligible for election or re-election to the Board of
Directors. Any Director who has attained seventy-one (71) years of age shall
resign from the Board of Directors effective as of the next annual Meeting of
Shareowners. For a period of five (5) years following the formation of the
Corporation, no person, except any of the initial Directors selected pursuant to
Section 4.2 hereof, who is an executive officer or employee of the Corporation
or any of its subsidiaries shall be eligible to serve as a Director of the
Corporation; provided, however, that any individual serving as Chief Executive
Officer of the Corporation shall be eligible to serve as a Director of the
Corporation. In the event the Chief Executive Officer resigns or retires from
his or her office or employment with the Corporation, he or she shall
simultaneously submit his or her resignation from the Board of Directors. In the
event that the Chief Executive Officer is removed from his or her office by the
Board of Directors, or is involuntarily terminated from employment with the
Corporation, he or she shall simultaneously submit his or her resignation from
the Board of Directors. In the event that a Director experiences a change in
their principal occupation or primary business affiliation the Director must
submit their resignation from the Board of the Nominating and Governance
Committee. The Nominating and Governance Committee shall recommend to the Board
of Directors whether the Board should accept such resignation. If the Nominating
and Governance Committee recommends acceptance of the resignation, an
affirmative vote of two-thirds of the remaining Directors holding office is
required to affirm the Nominating and Governance Committee's recommendation. A
resignation may be tendered by any Director at any meeting of the shareholders
or of the Board of Directors, who shall at such meeting accept the same.
SECTION 4.6 REGULAR MEETINGS. - Regular meetings of the Board of
Directors shall be held at such time and place as may be determined by the Board
of Directors, but in no event shall the Board meet less than once a year.
SECTION 4.7 SPECIAL MEETINGS. - Special meetings of the Board of
Directors may be called by or at the request of the Chairman of the Board, the
Vice Chairman of the Board, Chief Executive Officer or any two (2) Directors.
The Chief Executive Officer or Secretary may fix any place, either within or
without the State of Wisconsin, whether in person or by telecommunications, as
the place for holding any special meeting.
SECTION 4.8 NOTICE; WAIVER. - Notice of any meeting of the Board of
Directors, unless otherwise provided pursuant to Section 4.6, shall be given at
least forty-eight (48) hours prior to the meeting by written notice delivered
personally or mailed to each Director at such address designed by each Director,
by telegram or other form of wire or wireless communication. The notice need not
describe the purpose of the meeting of the Board of Directors or the business to
be transacted at such meeting. If mailed, such notice shall be deemed to be
delivered when deposited in the United States mail, so addressed, with postage
prepared. Any Director may waive notice of any meeting. The attendance of a
Director at a meeting shall constitute a waiver of notice of such meeting,
except where a Director attends a meeting for the express purpose of objecting
to the transaction of business because the meeting is not lawfully called or
convened.
SECTION 4.9 QUORUM. - A majority of the Board of Directors shall
constitute a quorum for the transaction of business at any meeting of the Board
of Directors, but if less than such majority is present at a meeting, a majority
of the Directors present may adjourn the meeting to some other day without
further notice.
SECTION 4.10 MEETING PARTICIPATION. - (a) Any or all members of the
Board of Directors, or any committee thereof, may participate in a regular or
special meeting by, or to conduct the meeting through, the use of any means of
communication by which any of the following occurs:
1) All participating directors may simultaneously hear
each other during the meeting.
2) All communication during the meeting is immediately
transmitted to each participating director, and each
participating director is able to immediately send
messages to all other participating directors.
(b) If a meeting is conducted by the means of communication
described herein, all participating directors shall be
informed that a meeting is taking place at which official
business may be transacted.
(c) A director participating in a meeting by means of such
communication is deemed to be present in person at the
meeting.
SECTION 4.11 ACTION WITHOUT MEETING. - Any action required or permitted
to be taken at any meeting of the Directors of the Corporation or of any
committee of the Board may be taken without a meeting if a consent in writing
setting forth the action so taken shall be signed by all of the Directors or all
of the members of the Committee of Directors, as the case may be. Such consent
shall have the same force and effect as a unanimous vote at a meeting and shall
be filed with the Secretary of the Corporation to be included in the official
records of the Corporation. The action taken is effective when the last Director
signs the consent unless the consent specifies a different effective date.
SECTION 4.12 PRESUMPTION OF ASSENT. - A Director of the Corporation who
is present at a meeting of the Board of Directors at which action on any
corporate matter is taken shall be presumed to have assented to the action taken
unless (a) the Director objects at the beginning of the meeting or promptly upon
arrival to the holding of or transacting business at the meeting, (b) the
Director's dissent or abstention shall be entered in the minutes of the meeting,
(c) the Director shall file a written dissent or abstention to such action with
the presiding officer of the meeting before the adjournment thereof or shall
forward such dissent or abstention by registered or certified mail to the
Secretary of the Corporation immediately after the adjournment of the meeting,
or (d) the Director shall file a written notice to the Secretary of the
Corporation promptly after receiving the minutes of the meeting that the minutes
failed to show the Director's dissention or abstention from the action taken.
Such right to dissent or abstain shall not apply to a Director who voted in
favor of such action.
SECTION 4.13 VACANCIES. - Except as provided below, any vacancy
occurring in the Board of Directors or on any Committee of the Board of
Directors and any directorship to be filled by reason of an increase in the
number of Directors may be filled by the affirmative vote of a majority of the
Directors then in office, even if less than a quorum of the Board of Directors.
For a period of time commencing on formation of Interstate Energy Corporation
and expiring on the date of the third annual meeting of shareowners of the
Corporation, the initially appointed IES, IPC and WPLH directors, each as a
separate group, shall be entitled to nominate those persons who will be eligible
to be appointed, elected or re-elected as IES, IPC and WPLH Directors. The
Director or Directors so chosen shall hold office until the next election of the
Class for which such Director or Directors shall have been chosen and until
their successors shall have been duly elected and qualified.
SECTION 4.14 COMPENSATION. - Compensation and expenses for attendance
at a regular or special meeting of the Board of Directors, or at any committee
meeting, shall be payable in such amounts as determined from time to time by the
Board of Directors. No such payment shall preclude any Director from serving the
Corporation in any other capacity and receiving compensation therefor. Directors
who are full time employees or officers of the Corporation shall not receive any
compensation.
ARTICLE V
COMMITTEES
SECTION 5.1 COMMITTEES. - The Board of Directors may, by resolution
passed by a majority of the whole Board, designate from their number various
Committees from time to time as corporate needs may dictate. The Committees may
make their own rules of procedure and shall meet where and as provided by such
rules, or by resolution of the Board of Directors. A majority of the members of
the Committee shall constitute a quorum for the transaction of business. Each
Committee shall keep regular minutes of its meetings and report the same to the
Board of Directors when required. The Committee may be authorized by the Board
of Directors to perform specified functions, except that a committee may not do
any of the following: (a) authorize distributions; (b) approve or propose to
shareowners action that the Wisconsin Business Corporation Law requires to be
approved by shareowners; (c) fill vacancies on the Board of Directors, or,
unless the Board of Directors provides by resolution that vacancies on a
committee shall be filled by the affirmative vote of the remaining committee
members, on any Board committee; (d) amend the Corporation's Articles of
Incorporation; (e) adopt, amend or repeal bylaws; (f) approve a plan of merger
not requiring shareowner approval; (g) authorize or approve reacquisition of
shares, except according to a formula or method prescribed by the Board of
Directors; and (h) authorize or approve the issuance or sale or contract for
sale of shares, or determine the designation and relative rights, preferences
and limitations of a class or series of shares, except that the Board of
Directors may authorize a committee to do so within limits prescribed by the
Board of Directors.
SECTION 5.2 EXECUTIVE COMMITTEE. An Executive Committee is hereby
established and shall consist of at least three (3) members, including the
Chairman of the Board. The Executive Committee shall possess all the powers and
authority of the Board of Directors when said Board of Directors is not in
session, except for the powers and authorities set forth in Section 5.1.
SECTION 5.3 AUDIT COMMITTEE. - An Audit Committee is hereby established
and shall consist of at least three (3) Directors, all of whom shall be outside
members of the Board of Directors. The members of the Committee shall be elected
annually by a majority vote of the members of the Board of Directors. Said
Committee shall meet at the call of any one of its members, but in no event
shall it meet less than once a year. Subsequent to each such Committee meeting,
a report of the actions taken by such Committee shall be made to the Board of
Directors.
SECTION 5.4 COMPENSATION AND PERSONNEL COMMITTEE - A Compensation and
Personnel Committee is hereby established and shall consist of at least three
(3) Directors who are not and never have been officers, employees or legal
counsel of the Company. The Chairperson and the members of the Compensation and
Personnel Committee shall be elected annually by a majority vote of the members
of the Board of Directors. Said Committee shall meet at such times as it
determines, but at least twice each year, and shall meet at the request of the
Chairman of the Board, the Chief Executive Officer, or any Committee member.
Subsequent to each such Committee meeting, a report of the actions taken by such
Committee shall be made to the Board of Directors.
SECTION 5.5 NOMINATING AND GOVERNANCE COMMITTEE. - A Nominating and
Governance Committee shall be established and shall consist of at least three
(3) Directors, all of whom shall be outside members of the Board of Directors.
The Chairperson and the members of the Nominating and Governance Committee shall
be elected annually by a majority vote of the members of the Board of Directors.
Said Committee shall meet at the call of any one of its members, but in no event
shall it meet less than once a year. Subsequent to each such Committee meeting,
a report of the actions taken by such Committee shall be made to the Board of
Directors.
ARTICLE VI
OFFICERS
SECTION 6.1 OFFICERS. - The Board of Directors shall elect a Chief
Executive Officer, a President, such number of Vice Presidents with such
designations as the Board of Directors at the time may decide upon, a Secretary,
a Treasurer and a Controller. The Chief Executive Officer may appoint such other
officers and assistant officers as may be deemed necessary. The same person may
simultaneously hold more than one such office.
SECTION 6.2 TERM OF OFFICERS. - All Officers, unless sooner removed,
shall hold their respective offices until their successors, willing to serve,
shall have been elected but any Officer may be removed from Office at any time
by the Board of Directors.
SECTION 6.3 REMOVAL OF OFFICERS. - Any officer may be removed by the
Board of Directors whenever in its judgment the best interests of the
Corporation will be served thereby, but such removal shall be without prejudice
to the contract rights, if any, of the person so removed. Election or
appointment of an officer shall not of itself create contract rights.
SECTION 6.4 CHIEF EXECUTIVE OFFICER. - Subject to the control of the
Board of Directors the Chief Executive Officer designated by the Board of
Directors shall have and be responsible for the general management and direction
of the business of the Corporation, shall establish the lines of authority and
supervision of the Officers and employees of the Corporation, shall have the
power to appoint and remove and discharge any and all agents and employees of
the Corporation not elected or appointed directly by the Board of Directors, and
shall assist the Board in the formulation of policies of the Corporation. The
Chairperson of the Board, if Chief Executive Officer, may delegate any part of
his or her duties to the President, or to one or more of the Vice Presidents of
the Corporation.
SECTION 6.5 PRESIDENT. - The President, when he or she is not
designated as and does not have the powers of the Chief Executive Officer, shall
have such other powers and duties as may from time to time be prescribed by the
Board of Directors or be delegated to him or her by the Chairperson of the Board
or the Chief Executive Officer.
SECTION 6.6 VICE PRESIDENTS. - The Vice Presidents shall have such
powers and duties as may be prescribed for him or her by the Board of Directors
and the Chief Executive Officer. In the absence of or in the event of the death,
of the Chief Executive Officer and the President, the inability or refusal to
act, or in the event for any reason it shall be impracticable for the Chief
Executive Officer and the President to act personally, the Vice President (or in
the event there be more than one Vice President, the Vice Presidents in the
order designated by the Board of Directors, or in the absence of any
designation, then in the order of their election) shall perform the duties of
the Chief Executive officer and the President, and when so acting, shall have
all the powers of and be subject to all the restrictions upon the Chief
Executive Officer and the President. The execution of any instrument of the
Corporation by any Vice President shall be conclusive evidence, as to third
parties, of his or her authority to act in the stead of the Chief Executive
Officer and the President.
SECTION 6.7 SECRETARY. - The Secretary shall attend all meetings of the
Board of Directors, shall keep a true and faithful record thereof in proper
books to be provided for that purpose, and shall be responsible for the custody
and care of the corporate seal, corporate records and minute books of the
Corporation, and of all other books, documents and papers as in the practical
business operation of the Corporation shall naturally belong in the office or
custody of the Secretary, or shall be placed in his or her custody by the Chief
Executive Officer or by the Board of Directors. He or she shall also act as
Secretary of all shareowners' meetings, and keep a record thereof. He or she
shall, except as may be otherwise required by statute or by these bylaws, sign,
issue and publish all notices required for meetings of shareowners and of the
Board of Directors. He or she shall be responsible for the custody of the stock
books of the Corporation and shall keep a suitable record of the addresses of
shareowners. He or she shall also be responsible for the collection, custody and
disbursement of the funds received for dividend reinvestment. He or she shall
sign stock certificates, bonds and mortgages, and all other documents and papers
to which his or her signature may be necessary or appropriate, shall affix the
seal of the Corporation to all instruments requiring the seal, and shall have
such other powers and duties as are commonly incidental to the office of
Secretary, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.8 TREASURER. - The Treasurer shall have charge of, and be
responsible for, the collection, receipt, custody and disbursement of the funds
of the Corporation, and shall deposit its funds in the name of the Corporation
in such banks or trust companies as he or she shall designate and shall keep a
proper record of cash receipts and disbursements. He or she shall be responsible
for the custody of such books, receipted vouchers and other books and papers as
in the practical business operation of the Corporation shall naturally belong in
the office or custody of the Treasurer, or shall be placed in his or her custody
by the President, or by the Board of Directors. He or she shall sign checks,
drafts, and other paper providing for the payment of money by the Corporation
for operating purposes in the usual course or business. He or she may, in the
absence of the Secretary and Assistant Secretaries sign stock certificates. The
Treasurer shall have such other powers and duties as are commonly incidental to
the office of Treasurer, or as may be prescribed for him or her by the President
or by the Board of Directors.
SECTION 6.9 CONTROLLER. - The Controller shall be the principal
accounting Officer of the Corporation. He or she shall have general supervision
over the books of accounts of the Corporation. He or she shall examine the
accounts of all Officers and employees from time to time and as often as
practicable, and shall see that proper returns are made of all receipts from all
sources. All bills, properly made in detail and certified, shall be submitted to
him or her, and he or she shall audit and approve the same if found satisfactory
and correct, but he or she shall not approve any voucher unless charges covered
by the voucher have been previously approved through work orders, requisition or
otherwise by the head of the department in which it originated, or unless he or
she shall be otherwise satisfied of its propriety and correctness. He or she
shall have full access to all minutes, contracts, correspondence and other
papers and records of the Corporation relating to its business matters, and
shall be responsible for the custody of such books and documents as shall
naturally belong in the custody of the Controller and as shall be placed in his
or her custody by the President or by the Board of Directors. The Controller
shall have such other powers and duties as are commonly incidental to the office
of Controller, or as may be prescribed for him or her by the President or by the
Board of Directors.
SECTION 6.10 ASSISTANT OFFICERS. - The Assistant Secretaries, Assistant
Treasurers, Assistant Controllers, and other Assistant Officers shall
respectively assist the Secretary, Treasurer, Controller, and other Officers of
the Corporation in the performance of the respective duties assigned to such
principal Officer, and in assisting his or her principal Officer each assistant
Officer shall to that extent and for such purpose have the same powers as his or
her principal Officer. The powers and duties of any such principal Officer shall
temporarily devolve upon an assistant Officer in case of the absence,
disability, death, resignation or removal from office of such principal Officer.
ARTICLE VII
CERTIFICATES FOR SHARES AND THEIR TRANSFER
SECTION 7.1 CERTIFICATES FOR SHARES. - Each certificate representing
shares of the Corporation shall state upon the fact (a) that the Corporation is
organized under the laws of the State of Wisconsin, (b) the name of the person
to whom issued, (c) the number and class of shares, and the designation of the
series, if any, which such certificate represents, and (d) the par value of each
share, if any, and each such certificate shall otherwise be in such form as
shall be determined by the Board of Directors. Such certificates shall be signed
by the Chairman of the Board, or the Chief Executive Officer or the President
and by the Secretary or an Assistant Secretary and shall be sealed with the
corporate seal or a facsimile thereof. The signatures of such officers upon a
certificate may be facsimiles if the certificate is manually signed on behalf of
a transfer agent and registrar. In case any officer or other authorized person
who has signed or whose facsimile signature has been placed upon such
certificate for the Corporation shall have ceased to be such officer or employee
or agent before such certificate is issued, it may be issued by the Corporation
with the same effect as if such person where an officer or employee or agent at
the date of its issue. Each certificate for shares shall be consecutively
numbered or otherwise identified.
All certificates surrendered to the Corporation for transfer shall be
canceled and no new certificate shall be issued until the former certificate for
a like number of shares shall have been surrendered and canceled, except that in
case of a lost, destroyed or mutilated certificate a new one may be issued
therefor upon such terms and indemnity to the Corporation as the Board of
Directors may prescribe.
SECTION 7.2. TRANSFER OF SHARES. - Transfer of shares of the
Corporation shall be made only on the stock transfer books of the Corporation by
the holder of record thereof or by such person's legal representative, who shall
furnish proper evidence of authority to transfer, or authorized attorney, by
power of attorney duly executed and filed with the Secretary of the Corporation,
and on surrender for cancellation of the certificate for such shares.
Subject to the provisions of Section 3.10 of Article III of these
Bylaws, the person in whose name shares stand on the books of the Corporation
shall be treated by the Corporation as the owner thereof for all purposes,
including all rights deriving from such shares, and the Corporation shall not be
bound to recognize any equitable or other claim to, or interest in, such shares
or rights deriving from such shares, on the part of any other person, including
(without limitation) a purchaser, assignee or transferee of such shares, or
rights deriving from such shares, unless and until such purchaser, assignee,
transferee or other person becomes the record holder of such shares, whether or
not the Corporation shall have either actual or constructive notice of the
interest of such purchaser, assignee, transferee or other person. Except as
provided in said Section 3.10 hereof, no such purchaser, assignee, transferee or
other person shall be entitled to receive notice of the meetings of
shareholders, to vote at such meetings, to examine the complete record of the
shareholders entitled to vote at meetings, or to own, enjoy or exercise any
other property or rights deriving from such shares against the Corporation,
until such purchaser, assignee, transferee or other person has become the record
holder of such shares.
SECTION 7.3 LOST, DESTROYED OR STOLEN CERTIFICATES. - When the owner
claims that certificates for shares have been lost, destroyed or wrongfully
taken, a new certificate shall be issued in place thereof if the owner (a) so
requests before the Corporation has notice that such shares have been acquired
by a bona fide purchaser, (b) files with the Corporation a sufficient indemnity
bond if required by the Corporation and (c) satisfies such other reasonable
requirements as may be provided by the Corporation.
SECTION 7.4 STOCK REGULATIONS. - The Board of Directors shall have the
power and authority to make all such further rules and regulations not
inconsistent with law as it may deem expedient concerning the issue, transfer
and registration of shares of the Corporation.
ARTICLE VIII
INDEMNIFICATION AND LIABILITY OF DIRECTOR AND OFFICERS
SECTION 8.1 INDEMNIFICATION. - The Corporation shall, to the fullest
extent permitted or required by Sections 180.0850 to 180.0859, inclusive, of the
Wisconsin Business Corporation Law, including any amendments thereto (but in the
case of any such amendment, only to the extent such amendment permits or
requires the corporation to provide broader indemnification rights than prior to
such amendment), indemnify its Directors, Officers, employees and agents against
any and all Liabilities, and advance any and all reasonable Expenses, incurred
thereby in any Proceeding to which any such Director, Officer, employee or agent
is a Party because he or she is or was a Director, Officer, employee or agent of
the Corporation. The rights to indemnification granted hereunder shall not be
deemed exclusive of any other rights to indemnification against Liabilities or
the advancement of Expenses which a Director, Officer, employee or agent may be
entitled under any written agreement, Board resolution, vote of shareowners, the
Wisconsin Business Corporation Law or otherwise. The Corporation may, but shall
not be required to, supplement the foregoing rights to indemnification against
Liabilities and advancement of Expenses under this Section 8.1 by the purchase
of insurance on behalf of any one or more of such Directors, Officers, employees
or agents, whether or not the Corporation would be obligated to indemnify or
advance Expenses to such Director, Officer, employee or agent under this Section
8.1. All capitalized terms used in this Article VIII and not otherwise defined
herein shall have the meaning set forth in Section 180.0850 of the Wisconsin
Business Corporation Law.
ARTICLE IX
MISCELLANEOUS
SECTION 9.1 FISCAL YEAR. - The fiscal year of the Corporation shall be
the calendar year.
SECTION 9.2 DIVIDENDS. - Subject to the provisions of law or the
Articles of Incorporation, the Board of Directors may, at any regular or special
meeting, declare dividends upon the capital stock of the Corporation payable out
of surplus (whether earned or paid-in) or profits as and when they deem
expedient. Before declaring any dividend there may be set apart out of surplus
or profits such sum or sums as the directors from time to time in their
discretion deem proper for working capital or as a reserve fund to meet
contingencies or for such other purposes as the directors shall deem conducive
to the interests of the Corporation.
SECTION 9.3 CONTRACTS, CHECKS, DRAFTS, DEEDS, LEASES AND OTHER
INSTRUMENTS. - All contracts, checks, drafts or other orders for the payment of
money, notes or other evidences of indebtedness issued in the name of the
Corporation, shall be signed by such officer or officers, agent or agents of the
Corporation and in such manner as shall from time to time be determined by
resolution of the Board of Directors. The Board may authorize by resolution any
officer or officers to enter into and execute any contract or instrument of
indebtedness in the name of the Corporation, and such authority may be general
or confined to specific instances. All funds of the Corporation not otherwise
employed shall be deposited from time to time to the credit of the Corporation
in such banks or other depositories as the Treasurer may authorize.
All contracts, deeds, mortgages, leases or instruments that require the
corporate seal of the Corporation to be affixed thereto shall be signed by the
President or a Vice President, and by the Secretary, or an Assistant Secretary,
or by such other officer or officers, or person or persons, as the Board of
Directors may be resolution prescribe.
SECTION 9.4 VOTING OF SHARES OWNED BY THE CORPORATION. - Subject always
to the specific directions of the Board of Directors, any share or shares of
stock issued by any other corporation and owned or controlled by the Corporation
may be voted at any shareholders' meeting of such other corporation by the Chief
Executive Officer of the Corporation, if present, or if absent by any other
officer of the Corporation who may be present. Whenever, in the judgment of the
Chief Executive Officer, or if absent, of any officer, it is desirable for the
Corporation to execute a proxy or give a shareholders' consent in respect to any
share or shares of stock issued by any other corporation and owned by the
Corporation, such proxy or consent shall be executed in the name of the
Corporation by the Chief Executive Officer or one of the officers of the
Corporation and shall be attested by the Secretary or an Assistant Secretary of
the Corporation without necessity of any authorization by the Board of
Directors. Any person or persons designated in the manner above stated as the
proxy or proxies of the Corporation shall have full right, power and authority
to vote the share or shares of stock issued by such other corporation and owned
by the Corporation in the same manner as such share or shares might be voted by
the Corporation.
ARTICLE X
AMENDMENT OR REPEAL OF BYLAWS
SECTION 10.1 AMENDMENTS BY BOARD OF DIRECTORS. - Except as otherwise
provided by the Wisconsin Business Corporation Law or the Articles of
Incorporation, these Bylaws may be amended or repealed and new Bylaws may be
adopted by the Board of Directors by the affirmative vote of a majority of the
number of directors present at any meeting at which a quorum is in attendance;
provided, however, that the shareowners in adopting, amending or repealing a
particular bylaw may provide therein that the Board of Directors may not amend,
repeal or readopt that bylaw.
SECTION 10.2 IMPLIED AMENDMENT. - Any action taken or authorized by the
shareowners or by the Board of Directors which would be inconsistent with the
Bylaws then in effect but which is taken or authorized by affirmative vote of
not less than the number of shares or the number of directors required to amend
the Bylaws so that the Bylaws would be consistent with such action shall be
given the same effect as though the Bylaws had been temporarily amended or
suspended so far, but only so far, as is necessary to permit the specific action
so taken or authorized.
- -------------------------------------------------------------------------------
<PAGE>
I, _____ , ____ do _____ hereby _____ certify _____ that ____ I ____ am
_____ the _____ duly _____ elected _____ and _____ acting _____ ________________
Corporate Secretary of Alliant Energy Resources, Inc., a Wisconsin corporation,
organized under the laws of the State, and that I have access to the corporate
records of said Company, and as such officer, I do further certify that the
foregoing Bylaws were adopted as of January 20, 1999.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate
seal of said Company this ____________ day of ___________________, 19____.
--------------------------------
EXHIBIT D
INTERSTATE ENERGY CORPORATION
TAX ALLOCATION AGREEEMENT
This Agreement is made by and among Interstate Energy Corporation, a
registered public utility holding company, and its affiliated corporations,
as identified in Exhibit A hereto (collectively, the "Group"; individually,
"member of the Group").
WHEREAS, the members of the Group are affiliated corporations within
the meaning of section 1504 of the Internal Revenue Code of 1986, as amended,
and will join in the annual filing of a consolidated federal income tax return;
WHEREAS, the members of the Group intend to allocate the consolidated
income tax liabilities and benefits to each member of the Group in a fair and
equitable manner; and
WHEREAS, the members of the Group intend to allocate the liabilities
and benefits arising from the Group's annual consolidated income tax returns
in compliance with Title 17, section 250.45(c) of the Code of Federal
Regulations, section 1552(a)(1) of the Internal Revenue Code and Title 26,
section 1.1502-33(d)(2)(ii) of the Code of Federal Regulations;
IT IS THEREFORE AGREED, as follows:
SECTION 1 Definitions
-----------
For purposes of this Agreement, the following definitions shall apply:
(a) "Consolidated tax" shall mean the Group's aggregate tax liability for a
tax year as shown on the consolidated federal income tax return and any
adjustments thereto thereafter determined.
(b) "Consolidated refund" shall mean the Group's refund for a taxable year
as shown on the consolidated federal income tax return and any
adjustments thereto thereafter determined.
(c) "Separate company taxable income" for this purpose has the meaning as
defined in Regulation section 1.1502-12; such separate company taxable
income will be determined as if each member of the group filed separate
income tax returns. In computing separate company taxable income, it
will be assumed that:
() dividends received by one member of the group from other members of
the group will qualify for the 100% dividend received deduction
() gain or loss deferred pursuant to the regulations under section 1502
shall be included in separate company taxable income in the same
manner as in the consolidated return
() charitable contribution deductions deferred pursuant to the
regulations under section 1502 shall be included in separate company
taxable income in the same manner as in the consolidated return
(d) A " Apositive allocation" shall be the obligation to make a payment to
Interstate Energy Corporation. A Anegative allocation@ shall be the
right to receive payment from Interstate Energy Corporation.
(e) "Cash Call" shall be the notification sent by Interstate Energy
Corporation to each member of the Group indicating the positive
allocation or negative allocation attributable to such member. Such
notification shall be sent no later than the due date for quarterly
estimated tax payments, the unextended due date of the return, the
extended due date of the return, or the filing of an amended return,
whichever is applicable. Upon the resolution of an audit, such
notification shall be sent within a reasonable time. Interstate Energy
Corporation will send a notification to each member of the Group even
if no payment is due to the Internal Revenue Service.
SECTION 2 General Allocation Method
-------------------------
The members of the Group shall allocate the consolidated tax or consolidated
refund in accordance with the procedures set forth below. The result of the
following provisions shall be referred to as a positive allocation or a
negative allocation, as the case may be.
(a) The total consolidated tax liability, after all losses and credits
allowed in arriving at the consolidated tax liability, shall be
apportioned initially to each member in an amount equal to the ratio
which that portion of the consolidated taxable income attributable to
each member having positive separate company taxable income bears to the
combined taxable income of those members having positive separate
company taxable income.
(b) If the consolidated tax liability apportioned to a member in paragraph
(a) is less than the consolidated tax liability of such member computed
on a separate return basis, such member shall pay the difference to
Interstate Energy Corporation, in addition to the amount determined
under paragraph (a); the member(s) (other than Interstate Energy
Corporation) to whom such tax reduction is attributable shall receive
credit for such tax reduction and shall receive payment pursuant to such
credit from Interstate Energy Corporation pursuant to the provisions of
Section 5.
(c) Interstate Energy Corporation shall not receive payment for any tax
reduction allowed under paragraph (b) above. If Interstate Energy
Corporation receives credit for a tax reduction pursuant to paragraph
(b), then each member having positive taxable income shall be entitled
to receive a portion of the tax reduction using the allocation method in
paragraph (a) above. Members having a taxable loss shall not participate
in the allocation of Interstate Energy Corporation=s tax reduction.
SECTION 3 Special Allocation Rules
------------------------
(a) Alternative Minimum Tax. In any year in which alternative minimum tax
(AMT) is payable by the Group, the consolidated tax shall be separated
into two parts: regular tax and AMT.
(1) Regular tax shall be allocated in accordance with the general
allocation method set forth in Section 2, above.
(2) AMT will be allocated to each member of the Group based on the
proportion of:
(a) the excess of a member=s separate company alternative minimum
taxable income over its separate company regular taxable
income, to
(b) the aggregate of the excesses of such companies' alternative
minimum taxable income over their regular taxable income.
(3) Each member whose regular taxable income exceeds its alternative
minimum taxable income on a separate company basis shall be excluded
from this calculation and shall not be impacted by the Group's AMT
liability.
(4) The minimum tax credit shall be allocated to the members of the
Group to which the associated AMT was allocated, equal to the
associated AMT allocated to such members.
(b) General Business Credit, Section 1341 credit, Capital Loss Carryover,
Other Tax Benefits and Items Taxed at Different Rates. Any general
business credit, section 1341 credit, capital loss carryover, other tax
benefit and items taxed at rates other than the rate applicable to
corporate taxable income shall be allocated on a separate return basis to
those members whose investments or contributions generated the credit,
capital loss carryover, benefit, or item taxed at a different rate. If
the credit, capital loss carryover, benefit, or item taxed at a
different rate cannot be entirely utilized in the year the item is
generated, then the item shall be allocated on a separate return basis
to those members whose investments or contributions generated the credit,
capital loss carryover, benefit or item taxed at a different rate.
SECTION 4 Payments
--------
Each member of the Group is responsible for its own tax liability. Payment
of such liability shall be made in accordance with the following procedure:
(a) A member of the Group with a positive allocation shall pay Interstate
Energy Corporation, upon receipt of a Cash Call, the amount allocated.
(b) A member of the Group with a negative allocation shall receive payment
from Interstate Energy Corporation, upon receipt of a Cash Call, in the
amount of the negative allocation.
(c) Interstate Energy Corporation shall pay to the Internal Revenue Service
the Group's consolidated tax, or receive from the Internal Revenue
Service the Group's consolidated refund.
(d) Interstate Energy Corporation shall make any calculations on behalf of
the members of the Group necessary to comply with the estimated tax
provisions of section 6655 of the Internal Revenue Code. Based on such
calculations, Interstate Energy Corporation shall charge the members
appropriate amounts at intervals consistent with the dates in that
section.
(e) If the Group has a consolidated net operating loss ("NOL") for a taxable
year (the "loss year") and the NOL cannot be used in full by being
carried back to a prior taxable year, the unused portion of the NOL
shall be allocated to the members of the Group having separate company
losses for the loss year in proportion to the relative magnitude of such
separate company losses for the loss year. Each such member shall carry
the separate company loss from the loss year forward to the following
taxable year and combine it with its allocation for such following
taxable year. Any unused portion of an NOL that is required to be
carried forward will be included in a Cash Call in the year that the
unused portion of the NOL is utilized in the consolidated tax return.
(f) A member shall make any payment required by this section within 10 days
after receiving a Cash Call from Interstate Energy Corporation. To
facilitate the Cash Call process, Heartland Properties, Inc. shall
receive cash from or make a payment to Interstate Energy Corporation on
behalf of itself and all members of the Group that are directly or
indirectly owned by Heartland Properties, Inc. Such members shall
receive cash from or make payment to Heartland Properties, Inc. within a
reasonable time thereafter.
SECTION 5 Adjustments to Tax Liability Shown on Returns
---------------------------------------------
(a) In the event that the consolidated tax or consolidated refund is
subsequently adjusted by an amended income tax return, the Internal
Revenue Service, or a court decision, the consolidated tax, consolidated
refund and separate company taxable income shall be adjusted accordingly,
consistent with the methodology set forth previously in this Agreement.
Any prior payments among the members of the Group shall be adjusted to
conform to the change.
(b) If any interest is paid or received as a result of an adjustment to the
consolidated tax or consolidated refund, it will be allocated to the
parties in the proportion that each member=s change in separate company
taxable income in each affected year bears to the change in consolidated
taxable income.
(c) Any penalty shall be paid by the member of the Group that is responsible
for the penalty. If the party at fault cannot be determined, the
penalty shall be allocated in the same manner as if it were additional
tax.
SECTION 6 State Income Taxes
------------------
(a) Any state income tax liability (including liability for interest or
penalties) associated with the filing of a separate state income tax
return by a member of the Group shall be allocated to and paid directly
by such member.
(b) Any state income tax liability (including liability for interest or
penalties) associated with the filing of a unitary, consolidated or
combined state return shall be allocated to the members of the Group
participating in the return following the procedures set forth above
for federal income tax liabilities.
SECTION 7 New Affiliates
--------------
The members of the Group will cause any corporation which becomes an
affiliated corporation within the meaning of section 1504 of the Internal
Revenue Code to join in this Agreement.
SECTION 8 Amendment
---------
This Agreement may be amended from time to time as the result of changes in
federal or state law or relevant facts and circumstances.
SECTION 9 Cooperation of Members
----------------------
Each member shall execute and file any consent, election or other document
that may be required or appropriate for the proper filing of consolidated
income tax returns and for the allocations provided by this Agreement.
SECTION 10 Effective date
--------------
This Agreement is effective for the allocation of the current income tax
liability of the Group for the tax year ending 12/31/98 and all subsequent
years until amended in writing.
SECTION 11 Governing law
-------------
The laws of the state of Wisconsin shall govern this Agreement.
SECTION 12 Relationship to Other Agreements
--------------------------------
This Agreement supercedes any and all prior Agreements to which any of the
members of the Group may have been a party.
***************************************************************************
The above procedures for allocating the consolidated income tax liability of
the Group have been agreed to by each of the below listed members of the
Group, as evidenced by the signature of an officer of each member.
Interstate Energy Corporation
AMW Acquisition, Inc.
WPLH Acquisition Co.
Wisconsin Power & Light Company
South Beloit Water Gas And & Electric Company
REAC, Inc.
Interstate Power Company
IPC Development Co.
Interstate Power Company-Wisconsin
IES Utilities Inc.
Alliant Energy Resources, Inc.
Heartland Energy Services, Inc.
Heartland Energy Group, Inc.
Alliant Energy Transportation, Inc.
Transfer Services, Inc.
Cedar Rapids & Iowa City Railway Co.
Alliant Energy International, Inc.
Alliant Energy Corporate Services, Inc.
Alliant Energy Industrial Services, Inc.
Industrial Energy Applications, Inc.
Industrial Energy Applications Delaware Inc.
Energys, Inc.
Alliant Energy Investments, Inc.
Village Lakeshares Inc.
Iowa Land and Building Co.
By: ___________________________
Edward M. Gleason
Treasurer and Corporate Secretary
IES Ventures Inc.
IES Midland Development, Inc.
IES Brazil Inc.
By: ____________________________
Daniel L. Siegfried
Assistant Secretary
Heartland Environmental Holding Company, Inc.
ENTRA Technologies, Company
RMT, Inc.
Quality Environmental Systems, Inc.
By: ____________________________
Stephen D. Johannsen
President
RMT, Inc. Michigan
By: ____________________________
Katherine E. Martin
Vice President
Jones & Neuse, Inc.
RMT, Inc. North Carolina
RMT International, Inc.
By: ____________________________
William A. Dickrell
Treasurer
Whiting Petroleum Corporation
WPC Golden Gas Corporation
Whiting Programs, Inc.
WOK Aquisitions Company
By: ____________________________
Edward M. Gleason
Assistant Treasurer and
Assistant Secretary
WAH Royalty Company
By: ____________________________
Jerry D. Fitzgerald
Vice President
Schedin & Associates
By: ____________________________
Larry L. Schedin
President
Alliant Energy Investco, Inc.
By: ____________________________
Thomas L. Aller
Vice President
Capital Square Financial Corporation
Heartland Properties, Inc.
Heartland Affordable Housing - Antigo Depot, Inc.
Heartland Affordable Housing - Antigo, Inc.
Heartland Affordable Housing - Appleton Phase II, Inc.
Heartland Affordable Housing - Appleton, Inc.
Heartland Affordable Housing - Berlin North River, Inc.
Heartland Affordable Housing - Berlin WPL, Inc.
Heartland Affordable Housing - Berlin, Inc.
Heartland Affordable Housing - Columbus Whitney, Inc.
Heartland Affordable Housing - Columbus, Inc.
Heartland Affordable Housing - De Pere, Inc.
Heartland Affordable Housing - Dells, Elroy, Hillsboro
Heartland Affordable Housing - Fond du Lac Eldorado
Heartland Affordable Housing - Holmen, Inc.
Heartland Affordable Housing - Janesville Jeffris Flat
Heartland Affordable Housing - Kenosha Windsong, Inc.
Heartland Affordable Housing - Madison Fairwood Arms
Heartland Affordable Housing - Madison Main Street
Heartland Affordable Housing - Madison YWCA, Inc.
Heartland Affordable Housing - Manitowoc, Inc.
Heartland Affordable Housing - Marinette, Inc.
Heartland Affordable Housing - Marshfield Tower Hall II, Inc.
Heartland Affordable Housing - Marshfield, Inc.
Heartland Affordable Housing - Mayville, Inc.
Heartland Affordable Housing - Mc Farland, Inc.
Heartland Affordable Housing - Northland, Inc.
Heartland Affordable Housing - Oregon, Inc.
Heartland Affordable Housing - Paddock Lake, Inc.
Heartland Affordable Housing - Pardeeville II, Inc.
Heartland Affordable Housing - Pardeeville, Inc.
Heartland Affordable Housing - Platteville, Inc.
Heartland Affordable Housing - Plymouth, Inc.
Heartland Affordable Housing - Port Edwards II, Inc.
Heartland Affordable Housing - Port Edwards, Inc.
Heartland Affordable Housing - Portage, Inc.
Heartland Affordable Housing - Prairie Du Chien II
Heartland Affordable Housing - Prairie Du Chien, Inc.
Heartland Affordable Housing - Reedsburg, Inc.
Heartland Affordable Housing - Ripon, Inc.
Heartland Affordable Housing - Sheboygan Balzer, Inc.
Heartland Affordable Housing - Sheboygan Falls, Inc.
Heartland Affordable Housing - Sheboygan Jung, Inc.
Heartland Affordable Housing - Sheboygan Leverenz, Inc.
Heartland Affordable Housing - Sheboygan, Inc.
Heartland Affordable Housing - Sun Prairie, Inc.
Heartland Affordable Housing - The Falconer, Inc.
Heartland Affordable Housing - Verona, Inc.
Heartland Affordable Housing - Wausau, Inc.
Heartland B Sherman Avenue, Inc.
Heartland Asset Management, Inc.
Heartland Capital Management, Inc.
Heartland B McFarland WB, Inc.
Heartland Equity Management, Inc.
Heartland Fund IV - Beloit Burton, Inc.
Heartland Fund IV B Racine Wilmanor, Inc.
Heartland Water Tower, Inc.
Heartland B Pheasant Glen, Inc.
Heartland Fund Management, Inc.
Heartland Special Limited, Inc.
Heartland Fund I, Inc.
Heartland Fund I - Grand Chute, Inc.
Heartland Fund I - Cudahy III, Inc.
Heartland Fund I B Riverplace, Inc.
Heartland Fund I - Sussex, Inc.
Heartland Fund I B Waunakee, Inc.
Heartland Fund I - Delavan, Inc.
Heartland Fund I - Eau Claire Oakwood, Inc.
Heartland Direct Development, Inc.
Heartland - Beech Grove, Inc.
Heartland B Dekoven, Inc.
Heartland - Lake Oaks, Inc.
Heartland - Lake Oaks I, Inc.
Heartland B Landings, Inc.
Heartland B Orchard Place, Inc.
Heartland B Timber Trails, Inc.
By: ____________________________
Ruth A. Domack
President
<PAGE>
EXHIBIT D (continued)
EXHIBIT A
COMPANY NAME
- ------------
INTERSTATE ENERGY CORPORATION
AMW ACQUISITION, INC.
WPLH ACQUISITION CO.
WISCONSIN POWER & LIGHT COMPANY
SOUTH BELOIT WATER GAS AND & ELECTRIC COMPANY
REAC, INC.
INTERSTATE POWER COMPANY
IPC DEVELOPMENT CO.
INTERSTATE POWER COMPANY-WISCONSIN
IES UTILITIES INC.
IES VENTURES INC.
IES MIDLAND DEVELOPMENT, INC.
ALLIANT ENERGY RESOURCES, INC.
CAPITAL SQUARE FINANCIAL CORPORATION
HEARTLAND ENERGY SERVICES, INC.
HEARTLAND ENERGY GROUP, INC.
HEARTLAND ENVIRONMENTAL HOLDING COMPANY, INC.
ENTRA TECHNOLOGIES, COMPANY
RMT, INC.
RMT, INC. MICHIGAN
JONES & NEUSE, INC.
QUALITY ENVIRONMENTAL SYSTEMS, INC.
RMT, INC. NORTH CAROLINA
RMT INTERNATIONAL, INC.
ALLIANT ENERGY TRANSPORTATION, INC.
TRANSFER SERVICES, INC.
CEDAR RAPIDS & IOWA CITY RAILWAY CO.
ALLIANT ENERGY INTERNATIONAL, INC.
IES BRAZIL INC.
ALLIANT ENERGY CORPORATE SERVICES CO.
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
WHITING PETROLEUM CORPORATION
WPC GOLDEN GAS CORPORATION
WHITING PROGRAMS, INC.
WOK ACQUISITIONS COMPANY
WAH ROYALTY COMPANY
INDUSTRIAL ENERGY APPLICATIONS, INC.
INDUSTRIAL ENERGY APPLICATIONS DELAWARE INC.
ENERGYS , INC.
SCHEDIN & ASSOCIATES
ALLIANT ENERGY INVESTMENTS, INC.
VILLAGE LAKESHARES INC.
IOWA LAND AND BUILDING CO.
ALLIANT ENERGY INVESTCO, INC.
HEARTLAND PROPERTIES, INC.
HEARTLAND AFFORDABLE HOUSING - ANTIGO DEPOT, INC.
HEARTLAND AFFORDABLE HOUSING - ANTIGO, INC.
HEARTLAND AFFORDABLE HOUSING - APPLETON PHASE II, INC.
HEARTLAND AFFORDABLE HOUSING - APPLETON, INC.
HEARTLAND AFFORDABLE HOUSING - BERLIN NORTH RIVER, INC.
HEARTLAND AFFORDABLE HOUSING - BERLIN WPL, INC.
HEARTLAND AFFORDABLE HOUSING - BERLIN, INC.
HEARTLAND AFFORDABLE HOUSING - COLUMBUS WHITNEY, INC.
HEARTLAND AFFORDABLE HOUSING - COLUMBUS, INC.
HEARTLAND AFFORDABLE HOUSING - DE PERE, INC.
HEARTLAND AFFORDABLE HOUSING - DELLS, ELROY, HILLSBORO
HEARTLAND AFFORDABLE HOUSING - FOND DU LAC ELDORADO
HEARTLAND AFFORDABLE HOUSING - HOLMEN, INC.
HEARTLAND AFFORDABLE HOUSING - JANESVILLE JEFFRIS FLAT
HEARTLAND AFFORDABLE HOUSING - KENOSHA WINDSONG, INC.
HEARTLAND AFFORDABLE HOUSING - MADISON FAIRWOOD ARMS
HEARTLAND AFFORDABLE HOUSING - MADISON MAIN STREET
HEARTLAND AFFORDABLE HOUSING - MADISON YWCA, INC.
HEARTLAND AFFORDABLE HOUSING - MANITOWOC, INC.
HEARTLAND AFFORDABLE HOUSING - MARINETTE, INC.
HEARTLAND AFFORDABLE HOUSING - MARSHFIELD TOWER HALL II, INC.
HEARTLAND AFFORDABLE HOUSING - MARSHFIELD, INC.
HEARTLAND AFFORDABLE HOUSING - MAYVILLE, INC.
HEARTLAND AFFORDABLE HOUSING - MC FARLAND, INC.
HEARTLAND AFFORDABLE HOUSING - NORTHLAND, INC.
HEARTLAND AFFORDABLE HOUSING - OREGON, INC.
HEARTLAND AFFORDABLE HOUSING - PADDOCK LAKE, INC.
HEARTLAND AFFORDABLE HOUSING - PARDEEVILLE II, INC.
HEARTLAND AFFORDABLE HOUSING - PARDEEVILLE, INC.
HEARTLAND AFFORDABLE HOUSING - PLATTEVILLE, INC.
HEARTLAND AFFORDABLE HOUSING - PLYMOUTH, INC.
HEARTLAND AFFORDABLE HOUSING - PORT EDWARDS II, INC.
HEARTLAND AFFORDABLE HOUSING - PORT EDWARDS, INC.
HEARTLAND AFFORDABLE HOUSING - PORTAGE, INC.
HEARTLAND AFFORDABLE HOUSING - PRAIRIE DU CHIEN II
HEARTLAND AFFORDABLE HOUSING - PRAIRIE DU CHIEN, INC.
HEARTLAND AFFORDABLE HOUSING - REEDSBURG, INC.
HEARTLAND AFFORDABLE HOUSING - RIPON, INC.
HEARTLAND AFFORDABLE HOUSING - SHEBOYGAN BALZER, INC.
HEARTLAND AFFORDABLE HOUSING - SHEBOYGAN FALLS, INC.
HEARTLAND AFFORDABLE HOUSING - SHEBOYGAN JUNG, INC.
HEARTLAND AFFORDABLE HOUSING - SHEBOYGAN LEVERENZ, INC.
HEARTLAND AFFORDABLE HOUSING - SHEBOYGAN, INC.
HEARTLAND AFFORDABLE HOUSING - SUN PRAIRIE, INC.
HEARTLAND AFFORDABLE HOUSING - THE FALCONER, INC.
HEARTLAND AFFORDABLE HOUSING - VERONA, INC.
HEARTLAND AFFORDABLE HOUSING - WAUSAU, INC.
HEARTLAND B SHERMAN AVENUE, INC.
HEARTLAND ASSET MANAGEMENT, INC.
HEARTLAND CAPITAL MANAGEMENT, INC.
HEARTLAND B MCFARLAND WB, INC.
HEARTLAND EQUITY MANAGEMENT, INC.
HEARTLAND FUND IV B BELOIT BURTON, INC.
HEARTLAND FUND IV B RACINE WILMANOR, INC.
HEARTLAND WATER TOWER, INC.
HEARTLAND B PHEASANT GLEN, INC.
HEARTLAND FUND MANAGEMENT, INC.
HEARTLAND SPECIAL LIMITED, INC.
HEARTLAND FUND I, INC.
HEARTLAND FUND I - GRAND CHUTE, INC.
HEARTLAND FUND I - CUDAHY III, INC.
HEARTLAND FUND I - RIVERPLACE, INC.
HEARTLAND FUND I - SUSSEX, INC.
HEARTLAND FUND I - WAUNAKEE, INC.
HEARTLAND FUND I - DELAVAN, INC.
HEARTLAND FUND I - EAU CLAIRE OAKWOOD, INC.
HEARTLAND DIRECT DEVELOPMENT, INC.
HEARTLAND B BEECH GROVE, INC.
HEARTLAND B DEKOVEN, INC.
HEARTLAND B LAKE OAKS, INC.
HEARTLAND B LAKE OAKS I, INC.
HEARTLAND B LANDINGS, INC.
HEARTLAND B ORCHARD PLACE, INC.
HEARTLAND B TIMBER TRAILS, INC.
Exhibit F.1
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
----------------------------------------
To the Shareowners of Interstate Energy Corporation:
We have audited the accompanying consolidated balance sheets and statements of
capitalization of Interstate Energy Corporation (a Wisconsin Corporation) and
subsidiaries as of December 31, 1998 and 1997, and the related consolidated
statements of income, cash flows and changes in common equity for each of the
three years in the period ended December 31, 1998. These financial statements
are the responsibility of the Company's management. Our responsibility is to
express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Interstate Energy Corporation
and subsidiaries as of December 31, 1998 and 1997, and the results of their
operations and their cash flows for each of the three years in the period ended
December 31,1998, in conformity with generally accepted accounting principles.
ARTHUR ANDERSEN LLP
Milwaukee, Wisconsin,
January 29, 1999
Exhibit F.2
INTERSTATE ENERGY CORPORATION
CONSOLIDATING STATEMENTS OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1998
(in thousands)
<TABLE>
<CAPTION>
Consolidated Consolidated
Consolidated Interstate Power Wisconsin Power
IES Utilities Inc. Company and Light Company
-----------------------------------------------------------
<S> <C> <C> <C>
Operating Revenues:
Electric 639,422,573 313,316,060 614,703,553
Gas 141,278,787 42,573,297 111,737,493
Steam 25,888,541 -- --
Water -- -- 5,007,066
Non-regulated energy -- -- --
Environmental and engineering services -- -- --
Affordable housing -- -- --
Oil and gas production -- -- --
Intercompany / interdepartmental -- -- --
Professional fees, rents and other 340,241 -- --
-----------------------------------------------------------
Total operating revenues 806,930,142 355,889,357 731,448,112
-----------------------------------------------------------
Operating Expenses:
Electric production fuels 99,361,819 64,018,977 120,484,993
Steam production fuels 13,819,609 -- --
Purchased power 71,637,447 69,758,648 113,936,295
Cost of gas sold 84,641,619 20,402,428 61,409,116
Cost of non-regulated energy sold -- -- --
Other operating 187,931,966 89,472,584 143,665,809
Maintenance 52,039,534 16,867,420 49,911,859
Depreciation and amortization 93,965,004 32,483,523 119,221,166
Miscellaneous taxes other than income taxes 48,537,460 17,395,321 30,169,120
-----------------------------------------------------------
Total operating expenses 651,934,458 310,398,901 638,798,358
-----------------------------------------------------------
-----------------------------------------------------------
Operating Income 154,995,684 45,490,456 92,649,754
-----------------------------------------------------------
Interest Expense and Other:
Interest expense 52,357,236 14,583,144 34,988,194
Interest expense - intercompany (3,378) 242,587 1,595,980
Interest income (3,609,873) (214,466) (5,640,179)
Interest income - intercompany (1,820,752) -- --
Dividend income (2,045) -- (4,653)
Allow. for equity funds used during construction (1,973,384) (169,279) (2,127,300)
Allow. for borrowed funds used during construction (1,377,281) (243,125) (921,411)
(Income) / loss from consolidated subsidiaries -- -- --
Equity (income) / loss in unconsolidated subsidiaries 6,169 -- (864,362)
Minority interest of (income) / loss -- -- --
Other (income) and deductions - net 8,015,085 1,441,579 5,379,313
-----------------------------------------------------------
Total interest expense and other 51,591,777 15,640,440 32,405,582
-----------------------------------------------------------
-----------------------------------------------------------
Income before Income Taxes and Preferred Dividends 103,403,907 29,850,016 60,244,172
-----------------------------------------------------------
Income Taxes:
Current - Federal 45,441,787 14,852,808 25,552,116
- State 13,973,261 4,798,900 6,646,921
- Foreign -- -- --
Deferred - Federal (15,370,745) (5,526,174) (5,659,716)
- State 44,148 (1,947,905) --
- Foreign -- -- --
Amortization of investment tax credits (2,594,602) (1,084,984) (1,869,444)
Low-income housing tax credits -- -- --
-----------------------------------------------------------
Total income taxes 41,493,849 11,092,645 24,669,877
-----------------------------------------------------------
Preferred Dividend Requirement of Subsidiaries 914,376 2,474,886 3,310,248
-----------------------------------------------------------
Net Income / (Loss) 60,995,682 16,282,485 32,264,047
===========================================================
<CAPTION>
Alliant Energy Consolidated Interstate
Corporate Alliant Energy Energy
Services, Inc. Resources, Inc. Corporation
-----------------------------------------------------------
<S> <C> <C> <C>
Operating Revenues:
Electric -- -- --
Gas -- -- --
Steam -- 1,300,997 --
Water -- -- --
Non-regulated energy -- 40,536,160 --
Environmental and engineering services -- 72,615,514 --
Affordable housing -- 12,238,463 --
Oil and gas production -- 64,621,978 --
Intercompany / interdepartmental -- -- --
Professional fees, rents and other 144,391,183 47,363,023 --
-----------------------------------------------------------
Total operating revenues 144,391,183 238,676,135 --
-----------------------------------------------------------
Operating Expenses:
Electric production fuels -- -- --
Steam production fuels -- -- --
Purchased power -- -- --
Cost of gas sold -- -- --
Cost of non-regulated energy sold -- 39,113,463 --
Other operating 139,613,649 160,893,154 2,303,971
Maintenance -- 3,917,992 --
Depreciation and amortization -- 33,835,264 --
Miscellaneous taxes other than income taxes 3,698,839 9,524,488 --
-----------------------------------------------------------
Total operating expenses 143,312,488 247,284,361 2,303,971
-----------------------------------------------------------
-----------------------------------------------------------
Operating Income 1,078,695 (8,608,226) (2,303,971)
-----------------------------------------------------------
Interest Expense and Other:
Interest expense -- 21,731,036 5,703,276
Interest expense - intercompany 2,917,263 1,566,748 312,967
Interest income -- (4,339,015) (469,031)
Interest income - intercompany (1,838,568) (580,364) (2,392,460)
Dividend income -- (1,594,584) (146)
Allow. for equity funds used during construction -- -- --
Allow. for borrowed funds used during construction -- -- --
(Income) / loss from consolidated subsidiaries -- -- (98,901,415)
Equity (income) / loss in unconsolidated subsidiaries -- 2,196,998 --
Minority interest of (income) / loss -- 273,493 --
Other (income) and deductions - net -- (1,732,548) 422,258
-----------------------------------------------------------
Total interest expense and other 1,078,695 17,521,764 (95,324,551)
-----------------------------------------------------------
-----------------------------------------------------------
Income before Income Taxes and Preferred Dividends -- (26,129,990) 93,020,580
-----------------------------------------------------------
Income Taxes:
Current - Federal -- (14,964,001) (1,625,689)
- State -- (2,317,278) 94,466
- Foreign -- -- --
Deferred - Federal -- 5,173,665 (290,358)
- State -- 1,495,896 (89,804)
- Foreign -- -- --
Amortization of investment tax credits -- -- --
Low-income housing tax credits -- (6,620,389) --
-----------------------------------------------------------
Total income taxes -- (17,232,107) (1,911,385)
-----------------------------------------------------------
Preferred Dividend Requirement of Subsidiaries -- -- --
-----------------------------------------------------------
Net Income / (Loss) -- (8,897,883) 94,931,965
===========================================================
<CAPTION>
Consolidated
Interstate
Energy
Subtotal Eliminations Corporation
-----------------------------------------------------------
<S> <C> <C> <C>
Operating Revenues:
Electric 1,567,442,186 1,567,442,186
Gas 295,589,577 295,589,577
Steam 27,189,538 27,189,538
Water 5,007,066 5,007,066
Non-regulated energy 40,536,160 40,536,160
Environmental and engineering services 72,615,514 72,615,514
Affordable housing 12,238,463 12,238,463
Oil and gas production 64,621,978 64,621,978
Intercompany / interdepartmental -- --
Professional fees, rents and other 192,094,447 (146,460,596) 45,633,851
-----------------------------------------------------------
Total operating revenues 2,277,334,929 (146,460,596) 2,130,874,333
-----------------------------------------------------------
Operating Expenses:
Electric production fuels 283,865,789 283,865,789
Steam production fuels 13,819,609 13,819,609
Purchased power 255,332,390 255,332,390
Cost of gas sold 166,453,163 166,453,163
Cost of non-regulated energy sold 39,113,463 39,113,463
Other operating 723,881,133 (142,761,757) 581,119,376
Maintenance 122,736,805 122,736,805
Depreciation and amortization 279,504,957 279,504,957
Miscellaneous taxes other than income taxes 109,325,228 (3,698,839) 105,626,389
-----------------------------------------------------------
Total operating expenses 1,994,032,537 (146,460,596) 1,847,571,941
-----------------------------------------------------------
-----------------------------------------------------------
Operating Income 283,302,392 -- 283,302,392
-----------------------------------------------------------
Interest Expense and Other:
Interest expense 129,362,886 129,362,886
Interest expense - intercompany 6,632,167 (6,632,167) --
Interest income (14,272,564) (14,272,564)
Interest income - intercompany (6,632,144) 6,632,144 --
Dividend income (1,601,428) (1,601,428)
Allow. for equity funds used during construction (4,269,963) (4,269,963)
Allow. for borrowed funds used during construction (2,541,817) (2,541,817)
(Income) / loss from consolidated subsidiaries (98,901,415) 98,901,415 --
Equity (income) / loss in unconsolidated subsidiaries 1,338,805 1,338,805
Minority interest of (income) / loss 273,493 273,493
Other (income) and deductions - net 13,525,687 24 13,525,711
-----------------------------------------------------------
Total interest expense and other 22,913,707 98,901,415 121,815,122
-----------------------------------------------------------
-----------------------------------------------------------
Income before Income Taxes and Preferred Dividends 260,388,685 (98,901,415) 161,487,270
-----------------------------------------------------------
Income Taxes:
Current - Federal 69,257,021 69,257,021
- State 23,196,270 23,196,270
- Foreign -- --
Deferred - Federal (21,673,328) (21,673,328)
- State (497,665) (497,665)
- Foreign -- --
Amortization of investment tax credits (5,549,030) (5,549,030)
Low-income housing tax credits (6,620,389) (6,620,389)
-----------------------------------------------------------
Total income taxes 58,112,879 -- 58,112,879
-----------------------------------------------------------
Preferred Dividend Requirement of Subsidiaries 6,699,510 6,699,510
-----------------------------------------------------------
Net Income / (Loss) 195,576,296 (98,901,415) 96,674,881
===========================================================
</TABLE>
Exhibit F.3
INTERSTATE ENERGY CORPORATION
CONSOLIDATING BALANCE SHEETS
FOR THE YEAR ENDED DECEMBER 31, 1998
(in thousands)
<TABLE>
<CAPTION>
Consolidated Consolidated
Consolidated Interstate Power Wisconsin Power
ASSETS: IES Utilities Inc. Company and Light Company
------------------------------------------------------------
<S> <C> <C> <C>
Property, Plant and Equipment:
Utility:
Plant in service:
Electric 2,140,321,889 886,284,741 1,839,545,291
Gas 198,487,779 72,068,264 244,517,470
Water -- -- 26,566,674
Steam 55,797,388 -- --
Other 106,939,854 1,140,189 219,268,241
------------------------------------------------------------
Subtotal 2,501,546,910 959,493,194 2,329,897,676
Less - Accumulated depreciation (1,209,203,979) (474,571,367) (1,168,829,981)
------------------------------------------------------------
Total net plant in service 1,292,342,931 484,921,827 1,161,067,695
Construction work in progress 48,990,515 13,047,483 56,993,782
Nuclear fuel, net of amortization 25,644,195 -- 18,671,375
------------------------------------------------------------
Total utility plant, net 1,366,977,641 497,969,310 1,236,732,852
Other Property, Plant and Equipment:
Rental property -- -- --
Less - Accumulated depreciation -- -- --
Oil and gas properties -- -- --
Less - Accumulated depreciation -- -- --
Other 7,570,813 149,835 673,665
Less - Accumulated depreciation (1,947,509) -- (43,875)
------------------------------------------------------------
Total other property, plant and equipment, net 5,623,304 149,835 629,790
------------------------------------------------------------
Total property, plant and equipment 1,372,600,945 498,119,145 1,237,362,642
------------------------------------------------------------
Investments:
Consolidated subsidiaries -- -- --
Nuclear decommissioning trust funds 91,691,399 -- 134,111,532
Investment in foreign entities -- -- --
Investment in McLeodUSA Inc. -- 1,406,250 --
Cash surrender value - life insurance policies 5,946,502 1,663,364 6,622,507
Investment in low-income housing projects -- -- --
Other 72,262 5,130,381 9,337,914
------------------------------------------------------------
Total investments 97,710,163 8,199,995 150,071,953
------------------------------------------------------------
Current Assets:
Cash and cash equivalents 4,175,182 6,605,062 1,811,360
Accounts receivable - customers 1,063,689 23,899,684 (21,197,547)
Accounts receivable - other 10,317,408 3,084,611 8,298,303
Unbilled utility revenues 16,696,711 3,739,306 34,577,813
Current notes receivable 385,455 -- --
Allowance for doubtful accounts (A/R customers) (1,057,760) (200,000) (8,242)
Allowance for doubtful accounts (A/R other) (356,587) (7,492) --
Allowance for doubtful accounts (notes) -- -- --
Intercompany receivables (accts, notes, dividends, taxes, etc.) 2,662,152 894,023 3,019,130
Income taxes receivable 1,753,552 -- 2,714,711
Prepaid gross receipts tax (Applicable in Wisconsin) -- -- 22,222,439
Production fuel, at average cost 11,863,376 22,171,823 20,105,100
Materials and supplies, at average cost 25,591,476 6,698,031 20,024,968
Gas stored underground, at average cost 12,283,706 2,991,221 10,738,143
Regulatory assets 23,487,324 3,601,349 --
Restricted cash 84,213 667,082 --
Prepayments and other 2,346,366 555,098 4,271,352
------------------------------------------------------------
Total current assets 111,296,263 74,699,798 106,577,530
------------------------------------------------------------
Other Assets:
Regulatory assets 137,907,679 70,275,780 133,501,038
Non-current notes receivable 803,663 -- --
Loan to money pools 53,729,105 -- --
Restricted cash -- -- --
Prepaid pension costs -- 440,435 35,031,333
Unamortized debt expenses 4,194,540 5,414,026 14,181,979
Deferred charges and other 10,735,682 214,102 8,423,824
------------------------------------------------------------
Total other assets 207,370,669 76,344,343 191,138,174
------------------------------------------------------------
------------------------------------------------------------
Total Assets 1,788,978,040 657,363,281 1,685,150,299
============================================================
<CAPTION>
Alliant Energy Consolidated Interstate
Corporate Alliant Energy Energy
ASSETS: Services, Inc. Resources, Inc. Corporation
------------------------------------------------------------
<S> <C> <C> <C>
Property, Plant and Equipment:
Utility:
Plant in service:
Electric -- -- --
Gas -- -- --
Water -- -- --
Steam -- -- --
Other -- -- --
------------------------------------------------------------
Subtotal -- -- --
Less - Accumulated depreciation -- -- --
------------------------------------------------------------
Total net plant in service -- -- --
Construction work in progress -- -- --
Nuclear fuel, net of amortization -- -- --
------------------------------------------------------------
Total utility plant, net -- -- --
Other Property, Plant and Equipment:
Rental property -- 141,857,674 --
Less - Accumulated depreciation -- (25,377,668) --
Oil and gas properties -- 234,668,855 --
Less - Accumulated depreciation -- (112,927,016) --
Other 537,118 148,001,061 --
Less - Accumulated depreciation (104,440) (37,847,791) --
------------------------------------------------------------
Total other property, plant and equipment, net 432,678 348,375,115 --
------------------------------------------------------------
Total property, plant and equipment 432,678 348,375,115 --
------------------------------------------------------------
Investments:
Consolidated subsidiaries -- -- 1,520,674,979
Nuclear decommissioning trust funds -- -- --
Investment in foreign entities -- 68,882,245 --
Investment in McLeodUSA Inc. -- 318,873,274 --
Cash surrender value - life insurance policies -- 560,720 8,530,495
Investment in low-income housing projects -- 8,833,386 --
Other -- 8,025,256 53,725
------------------------------------------------------------
Total investments -- 405,174,881 1,529,259,199
------------------------------------------------------------
Current Assets:
Cash and cash equivalents 6,191,623 12,931,890 112,173
Accounts receivable - customers 4,281,460 42,422,597 --
Accounts receivable - other -- 4,693,418 150,000
Unbilled utility revenues -- -- --
Current notes receivable -- 13,127,085 --
Allowance for doubtful accounts (A/R customers) (54,743) (1,196,885) --
Allowance for doubtful accounts (A/R other) -- (125,881) --
Allowance for doubtful accounts (notes) -- (120,068) --
Intercompany receivables (accts, notes, dividends, taxes, etc.) 49,149,089 2,095,157 6,853,738
Income taxes receivable -- 10,358,177 --
Prepaid gross receipts tax (Applicable in Wisconsin) -- -- --
Production fuel, at average cost -- -- --
Materials and supplies, at average cost -- 1,175,991 --
Gas stored underground, at average cost -- -- --
Regulatory assets -- -- --
Restricted cash -- 3,135,609 --
Prepayments and other 1,006,034 3,650,593 222,587
------------------------------------------------------------
Total current assets 60,573,463 92,147,683 7,338,498
------------------------------------------------------------
Other Assets:
Regulatory assets -- -- --
Non-current notes receivable -- 6,102,817 216,288
Loan to money pools -- -- 2,956,635
Restricted cash -- 5,566,241 --
Prepaid pension costs -- -- --
Unamortized debt expenses -- 1,093,399 --
Deferred charges and other (47,489) 10,800,807 --
------------------------------------------------------------
Total other assets (47,489) 23,563,264 3,172,923
------------------------------------------------------------
------------------------------------------------------------
Total Assets 60,958,652 869,260,943 1,539,770,620
============================================================
<CAPTION>
Consolidated
Interstate
Energy
ASSETS: Subtotal Eliminations Corporation
------------------------------------------------------------
<S> <C> <C> <C>
Property, Plant and Equipment:
Utility:
Plant in service:
Electric 4,866,151,921 4,866,151,921
Gas 515,073,513 515,073,513
Water 26,566,674 26,566,674
Steam 55,797,388 55,797,388
Other 327,348,284 327,348,284
------------------------------------------------------------
Subtotal 5,790,937,780 -- 5,790,937,780
Less - Accumulated depreciation (2,852,605,327) (2,852,605,327)
------------------------------------------------------------
Total net plant in service 2,938,332,453 -- 2,938,332,453
Construction work in progress 119,031,780 119,031,780
Nuclear fuel, net of amortization 44,315,570 44,315,570
------------------------------------------------------------
Total utility plant, net 3,101,679,803 -- 3,101,679,803
Other Property, Plant and Equipment:
Rental property 141,857,674 141,857,674
Less - Accumulated depreciation (25,377,668) (25,377,668)
Oil and gas properties 234,668,855 234,668,855
Less - Accumulated depreciation (112,927,016) (112,927,016)
Other 156,932,492 (110,544) 156,821,948
Less - Accumulated depreciation (39,943,615) (39,943,615)
------------------------------------------------------------
Total other property, plant and equipment, net 355,210,722 (110,544) 355,100,178
------------------------------------------------------------
Total property, plant and equipment 3,456,890,525 (110,544) 3,456,779,981
------------------------------------------------------------
Investments:
Consolidated subsidiaries 1,520,674,979 (1,520,674,979) --
Nuclear decommissioning trust funds 225,802,931 225,802,931
Investment in foreign entities 68,882,245 68,882,245
Investment in McLeodUSA Inc. 320,279,524 320,279,524
Cash surrender value - life insurance policies 23,323,588 23,323,588
Investment in low-income housing projects 8,833,386 8,833,386
Other 22,619,538 22,619,538
------------------------------------------------------------
Total investments 2,190,416,191 (1,520,674,979) 669,741,212
------------------------------------------------------------
Current Assets:
Cash and cash equivalents 31,827,290 31,827,290
Accounts receivable - customers 50,469,883 50,469,883
Accounts receivable - other 26,543,740 26,543,740
Unbilled utility revenues 55,013,830 55,013,830
Current notes receivable 13,512,540 13,512,540
Allowance for doubtful accounts (A/R customers) (2,517,630) (2,517,630)
Allowance for doubtful accounts (A/R other) (489,960) (489,960)
Allowance for doubtful accounts (notes) (120,068) (120,068)
Intercompany receivables (accts, notes, dividends, taxes, etc.) 64,673,289 (64,673,289) --
Income taxes receivable 14,826,440 14,826,440
Prepaid gross receipts tax (Applicable in Wisconsin) 22,222,439 22,222,439
Production fuel, at average cost 54,140,299 54,140,299
Materials and supplies, at average cost 53,490,466 53,490,466
Gas stored underground, at average cost 26,013,070 26,013,070
Regulatory assets 27,088,673 27,088,673
Restricted cash 3,886,904 3,886,904
Prepayments and other 12,052,030 12,052,030
------------------------------------------------------------
Total current assets 452,633,235 (64,673,289) 387,959,946
------------------------------------------------------------
Other Assets:
Regulatory assets 341,684,497 341,684,497
Non-current notes receivable 7,122,768 7,122,768
Loan to money pools 56,685,740 (56,685,740) --
Restricted cash 5,566,241 5,566,241
Prepaid pension costs 35,471,768 35,471,768
Unamortized debt expenses 24,883,944 24,883,944
Deferred charges and other 30,126,926 30,126,926
------------------------------------------------------------
Total other assets 501,541,884 (56,685,740) 444,856,144
------------------------------------------------------------
------------------------------------------------------------
Total Assets 6,601,481,835 (1,642,144,552) 4,959,337,283
============================================================
</TABLE>
<PAGE>
Exhibit F.3 (Continued)
INTERSTATE ENERGY CORPORATION
CONSOLIDATING BALANCE SHEETS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1998
(in thousands)
<TABLE>
<CAPTION>
Consolidated Consolidated
Consolidated Interstate Power Wisconsin Power
CAPITALIZATION AND LIABILITIES: IES Utilities Inc. Company and Light Company
-------------------------------------------------------
<S> <C> <C> <C>
Capitalization:
Common stock and additional paid-in capital 312,469,055 143,022,156 265,621,214
Retained earnings 275,372,155 85,742,770 294,308,776
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) -- 767,831 --
Cumulative foreign currency translation adjustments -- -- --
Minimum pension liability adjustment -- -- --
-------------------------------------------------------
Total common equity 587,841,210 229,532,757 559,929,990
-------------------------------------------------------
Preferred stock (optional sinking fund) 18,320,300 10,819,050 59,963,000
Preferred stock (mandatory sinking fund) -- 24,396,297 --
Long-term debt (excluding current portion) 602,020,227 169,778,046 414,579,052
Borrowings from money pools -- 21,857,087 26,798,567
-------------------------------------------------------
Total capitalization 1,208,181,737 456,383,237 1,061,270,609
-------------------------------------------------------
Current liabilities:
Current mat. & sink. funds of long-term debt & pref. stock 50,140,000 450,000 --
Variable rate demand bonds -- -- 56,975,000
Commercial paper -- -- --
Notes payable -- -- 50,000,000
Other short term borrowings -- -- --
Capital lease obligation 11,964,648 13,814 --
Accounts payable 43,952,925 15,005,416 84,754,055
Dividends payable - common -- -- --
Dividends payable - preferred 228,594 598,665 434,536
Intercompany payables (accts, notes, dividends, taxes, etc.) 27,326,154 9,342,144 20,314,528
Accrued payroll and vacations 6,364,700 1,376,612 5,276,430
Accrued interest 12,044,746 2,618,700 6,862,560
Accrued income taxes 11,505,729 3,056,012 --
Accrued other taxes (property, payroll, etc.) 43,788,840 15,865,938 739,589
Accumulated refueling outage provision 6,605,073 -- --
Environmental liabilities 5,659,719 3,746,500 593,303
Weatherization and conservation escrow (WPL only) -- -- 5,037,630
Other current liabilities 12,549,946 9,759,891 7,795,739
-------------------------------------------------------
Total current liabilities 232,131,074 61,833,692 238,783,370
-------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 224,510,374 91,042,288 245,488,533
Accumulated deferred investments tax credit 29,243,101 14,899,859 33,169,906
Pension and other benefit obligations 25,654,950 12,594,376 --
Capital lease obligation 13,679,547 75,369 --
Environmental liabilities 29,194,811 14,404,500 11,682,975
Customer advances 2,400,897 403,407 34,367,188
Minority interest -- -- --
Other 23,981,549 5,726,553 60,387,718
-------------------------------------------------------
Total long-term liabilities 348,665,229 139,146,352 385,096,320
-------------------------------------------------------
-------------------------------------------------------
Total Liabilities and Capitalization 1,788,978,040 657,363,281 1,685,150,299
=======================================================
<CAPTION>
Alliant Energy Consolidated Interstate
Corporate Alliant Energy Energy
CAPITALIZATION AND LIABILITIES: Services, Inc. Resources, Inc. Corporation
-------------------------------------------------------
<S> <C> <C> <C>
Capitalization:
Common stock and additional paid-in capital 1 227,508,483 905,906,016
Retained earnings -- (83,369,631) 537,476,130
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) -- 169,330,885 --
Cumulative foreign currency translation adjustments -- (7,081,369) --
Minimum pension liability adjustment -- -- --
-------------------------------------------------------
Total common equity 1 306,388,368 1,443,382,146
-------------------------------------------------------
Preferred stock (optional sinking fund) -- -- --
Preferred stock (mandatory sinking fund) -- -- --
Long-term debt (excluding current portion) -- 332,753,239 24,000,000
Borrowings from money pools 8,030,086 -- --
-------------------------------------------------------
Total capitalization 8,030,087 639,141,607 1,467,382,146
-------------------------------------------------------
Current liabilities:
Current mat. & sink. funds of long-term debt & pref. stock -- 12,824,406 --
Variable rate demand bonds -- -- --
Commercial paper -- -- 64,500,000
Notes payable -- 1,784,409 --
Other short term borrowings -- -- --
Capital lease obligation -- -- --
Accounts payable 36,088,102 24,110,226 118,130
Dividends payable - common -- -- 1,000,180
Dividends payable - preferred -- -- --
Intercompany payables (accts, notes, dividends, taxes, etc.) 6,328,398 1,294,477 336,087
Accrued payroll and vacations 6,109,986 4,535,990 --
Accrued interest -- 2,206,829 --
Accrued income taxes -- 2,877,806 2,485,845
Accrued other taxes (property, payroll, etc.) 201,519 4,400,088 --
Accumulated refueling outage provision -- -- --
Environmental liabilities -- 44,146 --
Weatherization and conservation escrow (WPL only) -- -- --
Other current liabilities 577,621 9,569,314 85,719
-------------------------------------------------------
Total current liabilities 49,305,626 63,647,691 68,525,961
-------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes -- 137,702,116 (7,118,989)
Accumulated deferred investments tax credit -- -- --
Pension and other benefit obligations 3,622,939 3,201,764 10,710,532
Capital lease obligation -- -- --
Environmental liabilities -- 13,116,730 --
Customer advances -- -- --
Minority interest -- 6,193,494 --
Other -- 6,257,541 270,970
-------------------------------------------------------
Total long-term liabilities 3,622,939 166,471,645 3,862,513
-------------------------------------------------------
-------------------------------------------------------
Total Liabilities and Capitalization 60,958,652 869,260,943 1,539,770,620
=======================================================
<CAPTION>
Consolidated
Interstate
Energy
CAPITALIZATION AND LIABILITIES: Subtotal Eliminations Corporation
-------------------------------------------------------
<S> <C> <C> <C>
Capitalization:
Common stock and additional paid-in capital 1,854,526,925 (948,620,909) 905,906,016
Retained earnings 1,109,530,200 (572,158,377) 537,371,823
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) 170,098,716 170,098,716
Cumulative foreign currency translation adjustments (7,081,369) (7,081,369)
Minimum pension liability adjustment -- --
-------------------------------------------------------
Total common equity 3,127,074,472 (1,520,779,286) 1,606,295,186
-------------------------------------------------------
Preferred stock (optional sinking fund) 89,102,350 89,102,350
Preferred stock (mandatory sinking fund) 24,396,297 24,396,297
Long-term debt (excluding current portion) 1,543,130,564 1,543,130,564
Borrowings from money pools 56,685,740 (56,685,740) --
-------------------------------------------------------
Total capitalization 4,840,389,423 (1,577,465,026) 3,262,924,397
-------------------------------------------------------
Current liabilities:
Current mat. & sink. funds of long-term debt & pref. stock 63,414,406 63,414,406
Variable rate demand bonds 56,975,000 56,975,000
Commercial paper 64,500,000 64,500,000
Notes payable 51,784,409 51,784,409
Other short term borrowings -- --
Capital lease obligation 11,978,462 11,978,462
Accounts payable 204,028,854 268,499 204,297,353
Dividends payable - common 1,000,180 1,000,180
Dividends payable - preferred 1,261,795 -- 1,261,795
Intercompany payables (accts, notes, dividends, taxes, etc.) 64,941,788 (64,941,788) --
Accrued payroll and vacations 23,663,718 23,663,718
Accrued interest 23,732,835 23,732,835
Accrued income taxes 19,925,392 19,925,392
Accrued other taxes (property, payroll, etc.) 64,995,974 64,995,974
Accumulated refueling outage provision 6,605,073 6,605,073
Environmental liabilities 10,043,668 10,043,668
Weatherization and conservation escrow (WPL only) 5,037,630 5,037,630
Other current liabilities 40,338,230 40,338,230
-------------------------------------------------------
Total current liabilities 714,227,414 (64,673,289) 649,554,125
-------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 691,624,322 691,624,322
Accumulated deferred investments tax credit 77,312,866 77,312,866
Pension and other benefit obligations 55,784,561 55,784,561
Capital lease obligation 13,754,916 13,754,916
Environmental liabilities 68,399,016 68,399,016
Customer advances 37,171,492 37,171,492
Minority interest 6,193,494 6,193,494
Other 96,624,331 (6,237) 96,618,094
-------------------------------------------------------
Total long-term liabilities 1,046,864,998 (6,237) 1,046,858,761
-------------------------------------------------------
-------------------------------------------------------
Total Liabilities and Capitalization 6,601,481,835 (1,642,144,552) 4,959,337,283
=======================================================
Exhibit F.2
</TABLE>
Exhibit F.4
INTERSTATE ENERGY CORPORATION
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1998
(in thousands)
<TABLE>
<CAPTION>
Consolidated Consolidated Consolidated
Consolidated Interstate Power Wisconsin Power Alliant Energy
IES Utilities Inc. Company and Light Company Resources, Inc.
-------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income $61,910 $18,757 $35,574 ($8,898)
Adjustments to reconcile net income to net cash flows
from operating activities:
Depreciation and amortization 93,965 32,484 119,221 33,835
Amortization of nuclear fuel 12,513 -- 5,356 --
Amortization of deferred energy efficiency expenditures 18,707 8,376 -- --
Deferred taxes and investment tax credits (17,921) (8,559) (7,529) 6,670
Refueling outage provision (4,001) -- -- --
Impairment of oil and gas properties -- -- -- 9,678
Impairment of regulatory assets 8,969 -- -- --
Other (346) (1,600) (2,089) (562)
Other changes in assets and liabilities:
Accounts receivable 11,621 2,068 10,847 (6,201)
Intercompany accounts receivable (1,755) (894) 1,998 6,914
Intercompany dividends receivable -- -- -- --
Notes receivable (176) -- -- 10,194
Production fuel (1,284) (10,952) (1,248) --
Materials and supplies (2,615) (401) (751) 122
Gas stored underground 4,908 (323) 1,766 --
Accounts payable (16,593) 1,798 (863) (5,495)
Intercompany accounts payable 19,751 9,342 20,315 (12,923)
Accrued taxes (3,701) 2,908 739 3,992
Benefit obligations and other 22,161 10,002 (6,015) 11,939
-------------------------------------------------------------------
Net cash flows from (used for) operating activities 206,113 63,006 177,321 49,265
-------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends declared (18,840) (8,772) (58,341) (2,011)
Preferred stock dividends declared (914) (2,475) (3,310) --
Dividends payable -- -- -- --
Intercompany dividends payable 4,840 1,965 -- --
Proceeds from issuance of common stock -- -- -- --
Net change in Alliant Energy Resources, Inc. credit facility -- -- -- 70,492
Proceeds from issuance of other long-term debt 10,000 4,950 60,000 2,594
Reductions in other long-term debt (10,140) (6,300) (8,899) (2,324)
Net change in external short-term borrowings -- (33,500) (31,000) 1,784
Net change in intercompany short-term borrowings (53,729) 21,857 26,799 (33,389)
Principal payments under capital lease obligations (13,250) -- -- --
Other (137) (122) (1,966) (72)
-------------------------------------------------------------------
Net cash flows from (used for) financing activities (82,170) (22,397) (16,717) 37,074
-------------------------------------------------------------------
Cashflows from (used for) investing activities:
Construction and acquisition expenditures:
Utility (115,371) (36,619) (117,143) --
Other (28) -- (312) (102,585)
Nuclear decommissioning trust funds (6,008) -- (14,297) --
Proceeds from disposition of assets 1,238 1,860 53 11,780
Shared savings expenditures -- (3,425) (24,355) --
Other 171 1,283 (5,231) 1,710
-------------------------------------------------------------------
Net cash flows from (used for) investing activities (119,998) (36,901) (161,285) (89,095)
-------------------------------------------------------------------
Net increase (decrease) in cash and temporary cash investments 3,945 3,708 (681) (2,756)
-------------------------------------------------------------------
Cash and temporary cash investments at beginning of period 230 2,897 2,492 15,688
-------------------------------------------------------------------
Cash and temporary cash investments at end of period $4,175 $6,605 $1,811 $12,932
===================================================================
Supplemental cash flow information:
Cash paid (refunded) during the period for:
Interest $50,177 $14,564 $33,368 $22,275
===================================================================
Income taxes $64,738 $12,600 $31,951 ($21,943)
===================================================================
Noncash investing and financing activities:
Capital lease obligations incurred $1,426 $0 $0 $0
===================================================================
<CAPTION>
Consolidated
Alliant Energy Interstate Interstate
Corporate Energy Energy
Services, Inc. Corporation Subtotal Eliminations Corporation
------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income $ -- $96,675 $204,018 ($107,343) $96,675
Adjustments to reconcile net income to net cash flows
from operating activities:
Depreciation and amortization -- -- 279,505 279,505
Amortization of nuclear fuel -- -- 17,869 17,869
Amortization of deferred energy efficiency expenditures -- -- 27,083 27,083
Deferred taxes and investment tax credits -- (381) (27,720) (27,720)
Refueling outage provision -- -- (4,001) (4,001)
Impairment of oil and gas properties -- -- 9,678 9,678
Impairment of regulatory assets -- -- 8,969 8,969
Other -- 981 (3,616) (3,616)
Other changes in assets and liabilities:
Accounts receivable (4,227) 1,241 15,349 15,349
Intercompany accounts receivable (49,149) 3,208 (39,678) 39,678 --
Intercompany dividends receivable -- (6,805) (6,805) 6,805 --
Notes receivable -- -- 10,018 10,018
Production fuel -- -- (13,484) (13,484)
Materials and supplies -- -- (3,645) (3,645)
Gas stored underground -- -- 6,351 6,351
Accounts payable 36,089 (3,273) 11,663 11,663
Intercompany accounts payable 6,328 (3,135) 39,678 (39,678) --
Accrued taxes 201 1,859 5,998 5,998
Benefit obligations and other 8,920 (28,617) 18,390 12,680 31,070
------------------------------------------------------------------
Net cash flows from (used for) operating activities (1,838) 61,753 555,620 (87,858) 467,762
-------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends declared -- (140,679) (228,643) 87,964 (140,679)
Preferred stock dividends declared -- -- (6,699) 6,699 --
Dividends payable -- (15,458) (15,458) (15,458)
Intercompany dividends payable -- -- 6,805 (6,805) --
Proceeds from issuance of common stock -- 33,832 33,832 33,832
Net change in Alliant Energy Resources, Inc. credit facility -- -- 70,492 70,492
Proceeds from issuance of other long-term debt -- -- 77,544 77,544
Reductions in other long-term debt -- -- (27,663) (27,663)
Net change in external short-term borrowings -- 22,500 (40,216) (40,216)
Net change in intercompany short-term borrowings 8,030 30,432 -- --
Principal payments under capital lease obligations -- -- (13,250) (13,250)
Other -- (36) (2,333) (2,333)
------------------------------------------------------------------
Net cash flows from (used for) financing activities 8,030 (69,409) (145,589) 87,858 (57,731)
------------------------------------------------------------------
Cashflows from (used for) investing activities:
Construction and acquisition expenditures:
Utility -- -- (269,133) (269,133)
Other -- -- (102,925) (102,925)
Nuclear decommissioning trust funds -- -- (20,305) (20,305)
Proceeds from disposition of assets -- 1,746 16,677 16,677
Shared savings expenditures -- -- (27,780) (27,780)
Other -- -- (2,067) (2,067)
------------------------------------------------------------------
Net cash flows from (used for) investing activities -- 1,746 (405,533) -- (405,533)
------------------------------------------------------------------
Net increase (decrease) in cash and temporary cash investments 6,192 (5,910) 4,498 -- 4,498
------------------------------------------------------------------
Cash and temporary cash investments at beginning of period -- 6,022 27,329 27,329
------------------------------------------------------------------
Cash and temporary cash investments at end of period $6,192 $112 $31,827 $0 $31,827
=================================================================
Supplemental cash flow information:
Cash paid (refunded) during the period for:
Interest $0 $5,992 $126,376 $126,376
=================================================================
Income taxes $0 ($2,430) $84,916 $84,916
=================================================================
Noncash investing and financing activities:
Capital lease obligations incurred $0 $0 $1,426 $1,426
=================================================================
</TABLE>
Exhibit F.5
INTERSTATE ENERGY CORPORATION
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1998
(in thousands)
<TABLE>
<CAPTION>
Consolidated Consolidated
Consolidated Interstate Power Wisconsin Power
IES Utilities Inc. Company and Light Company
----------------------------------------------------------
<S> <C> <C> <C>
Balance at January 1, 1998 $ 233,216 $ 78,233 $ 320,386
Net income 61,910 18,757 35,574
Cash dividends declared on common stock (18,840) (8,772) (58,341)
Cash dividends declared on preferred stock (914) (2,475) (3,310)
----------------------------------------------------------
Balance at December 31, 1998 $ 275,372 $ 85,743 $ 294,309
==========================================================
<CAPTION>
Consolidated Alliant Energy Interstate
Alliant Energy Corporate Energy
Resources, Inc. Services, Inc. Corporation
----------------------------------------------------------
<S> <C> <C> <C>
Balance at January 1, 1998 ($ 72,461) $ $ 581,376
Net income (8,898) -- 96,675
Cash dividends declared on common stock (2,011) -- (140,679)
Cash dividends declared on preferred stock -- -- --
----------------------------------------------------------
Balance at December 31, 1998 ($ 83,370) $ $ 537,372
==========================================================
<CAPTION>
Consolidated
Interstate
Energy
Subtotal Eliminations Corporation
----------------------------------------------------------
<S> <C> <C> <C>
Balance at January 1, 1998 $1,140,750 ($559,374) $ 581,376
Net income 204,018 (107,343) 96,675
Cash dividends declared on common stock (228,643) 87,964 (140,679)
Cash dividends declared on preferred stock (6,699) 6,699 --
----------------------------------------------------------
Balance at December 31, 1998 $1,109,426 ($572,054) $ 537,372
==========================================================
</TABLE>
EXHIBIT F.6
SUPPORTING SCHEDULES - UTILITY PLANT ACCOUNTS
IES UTILITIES INC. An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Line Ref. Balance at Balance at
No. Title of Account Page No. Beginning of Year End of Year
(a) (b) (c) (d)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 UTILITY PLANT
- ----------------------------------------------------------------------------------------------------------------------------------
2 Utility Plant (101-106, 114) 200-201 2,393,971,358 2,487,217,315
- ----------------------------------------------------------------------------------------------------------------------------------
3 Construction Work in Progress (107) 200-201 36,118,040 48,990,515
- ----------------------------------------------------------------------------------------------------------------------------------
4 TOTAL UTILITY PLANT (Enter Total of Lines 2 and 3) 2,430,089,398 2,536,207,830
- ----------------------------------------------------------------------------------------------------------------------------------
5 (Less) Accum. Prov. for Depr. Amort. Depl. (108,111,115) 200-201 1,115,260,808 1,209,203,979
- ----------------------------------------------------------------------------------------------------------------------------------
6 Net Utility Plant (Enter Total of Line 4 Less 5) 1,314,828,590 1,327,003,851
- ----------------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel (120.1-120.4, 120.6) 202-203 36,731,340 25,644,195
- ----------------------------------------------------------------------------------------------------------------------------------
8 (Less) Accum. Prov. for Amort. of Nucl. Assemblies (120.5) 202-203
- ----------------------------------------------------------------------------------------------------------------------------------
9 Net Nuclear Fuel (Enter Total of Lines 7 Less 8) 36,731,340 25,644,195
- ----------------------------------------------------------------------------------------------------------------------------------
10 Net Utility Plant (Enter Total of Lines 6 and 9) 1,351,559,930 1,352,648,046
- ----------------------------------------------------------------------------------------------------------------------------------
11 Utility Plant Adjustments (116) 122
- ----------------------------------------------------------------------------------------------------------------------------------
12 Gas Stored Underground-Noncurrent (117)
- ----------------------------------------------------------------------------------------------------------------------------------
13 OTHER PROPERTY AND INVESTMENTS
- ----------------------------------------------------------------------------------------------------------------------------------
14 Nonutility Property (121) 221 2,526,106 2,626,085
- ----------------------------------------------------------------------------------------------------------------------------------
15 (Less) Accum. Prov. for Depr. and Amort. (122) 1,611,041 1,816,662
- ----------------------------------------------------------------------------------------------------------------------------------
16 Investments in Associated Companies (123)
- ----------------------------------------------------------------------------------------------------------------------------------
17 Investment in Subsidiary Companies (123.1) 224-225 5,181,690 5,186,413
- ----------------------------------------------------------------------------------------------------------------------------------
18 (For Cost of Account 123.1, See Footnote Page 224, Line 42)
- ----------------------------------------------------------------------------------------------------------------------------------
19 Noncurrent Portion of Allowances 228-229
- ----------------------------------------------------------------------------------------------------------------------------------
20 Other Investments (124) 5,146,289 6,004,311
- ----------------------------------------------------------------------------------------------------------------------------------
21 Special Funds (125-128) 78,083,542 91,893,399
- ----------------------------------------------------------------------------------------------------------------------------------
22 TOTAL Other Property and Investments (Total of Lines 14-17, 19-21) 89,326,586 103,893,546
- ----------------------------------------------------------------------------------------------------------------------------------
23 CURRENT AND ACCRUED ASSETS
- ----------------------------------------------------------------------------------------------------------------------------------
24 Cash (131) 83,859 4,122,314
- ----------------------------------------------------------------------------------------------------------------------------------
25 Special Deposits (132-134) 178,060 84,213
- ----------------------------------------------------------------------------------------------------------------------------------
26 Working Fund (135) 67,103 52,868
- ----------------------------------------------------------------------------------------------------------------------------------
27 Temporary Cash Investments (136) 79,139 53,729,105
- ----------------------------------------------------------------------------------------------------------------------------------
28 Notes Receivable (141) 1,021,202 1,189,118
- ----------------------------------------------------------------------------------------------------------------------------------
29 Customer Accounts Receivable (142) 1,548,277 1,057,760
- ----------------------------------------------------------------------------------------------------------------------------------
30 Other Accounts Receivable (143) 16,568,509 17,635,374
- ----------------------------------------------------------------------------------------------------------------------------------
31 (Less) Accum. Prov. for Uncollectible Acct.-Credit (144) 854,464 1,414,347
- ----------------------------------------------------------------------------------------------------------------------------------
32 Notes Receivable from Associated Companies (145)
- ----------------------------------------------------------------------------------------------------------------------------------
33 Accounts Receivable from Assoc. Companies (146) 907,039 2,662,151
- ----------------------------------------------------------------------------------------------------------------------------------
34 Fuel Stock (151) 227 10,163,076 11,518,424
- ----------------------------------------------------------------------------------------------------------------------------------
35 Fuel Stock Expenses Undistributed (152) 227 416,184 344,952
- ----------------------------------------------------------------------------------------------------------------------------------
36 Residuals (Elec) and Extracted Products (153) 227
- ----------------------------------------------------------------------------------------------------------------------------------
37 Plant Materials and Operating Supplies (154) 227 22,587,937 24,291,697
- ----------------------------------------------------------------------------------------------------------------------------------
38 Merchandise (155) 227
- ----------------------------------------------------------------------------------------------------------------------------------
39 Other Materials and Supplies (156) 227 34,434 618,927
- ----------------------------------------------------------------------------------------------------------------------------------
40 Nuclear Materials Held for Sale (157) 202-203/227
- ----------------------------------------------------------------------------------------------------------------------------------
41 Allowances (158.1 and 158.2) 228-229
- ----------------------------------------------------------------------------------------------------------------------------------
42 (Less) Noncurrent Portion of Allowances 228-229
- ----------------------------------------------------------------------------------------------------------------------------------
43 Stores Expense Undistributed (163) 828,191 877,809
- ----------------------------------------------------------------------------------------------------------------------------------
44 Gas Stored Underground-Current (164.1) 12,283,706
- ----------------------------------------------------------------------------------------------------------------------------------
45 Liquefied Natural Gas Stored and Held for Processing (164.2-164.3)
- ----------------------------------------------------------------------------------------------------------------------------------
46 Prepayments (165) 21,655,104 2,346,366
- ----------------------------------------------------------------------------------------------------------------------------------
47 Advances for Gas (166-167)
- ----------------------------------------------------------------------------------------------------------------------------------
48 Interest and Dividends Receivable (171) 6,270 6,373
- ----------------------------------------------------------------------------------------------------------------------------------
49 Rents Receivable (172)
- ----------------------------------------------------------------------------------------------------------------------------------
50 Accrued Utility Revenues (173) 28,336,903 16,696,711
- ----------------------------------------------------------------------------------------------------------------------------------
51 Miscellaneous Current and Accrued Assets (174) 5,398,371 (3,430,795)
- ----------------------------------------------------------------------------------------------------------------------------------
52 TOTAL Current and Accrued Assets (Enter Total of Lines 24 thru 51) 109,025,194 144,672,726
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 110
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
IES UTILITIES INC. (2) [ ] A Resubmission Dec. 31, 1998
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
Line Item Total Electric
No.
(a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 UTILITY PLANT
2 In Service
3 Plant in Service (Classified) 2,352,589,539 2,019,728,859
4 Property Under Capital Leases
5 Plant Purchased or Sold
6 Completed Construction not Classified 99,147,955 70,965,005
7 Experimental Plant unclassified
- ------------------------------------------------------------------------------------------------------------------------------
8 TOTAL (Enter Total of lines 3 thru 7) 2,451,737,494 2,090,693,864
9 Leased to Others
10 Held for Future Use
11 Construction Work in Progress 48,990,515 16,606,676
12 Acquisition Adjustments 35,479,821 35,298,430
- ------------------------------------------------------------------------------------------------------------------------------
13 TOTAL Utility Plant (Enter Total of lines 8 thru 12) 2,536,207,830 2,142,598,970
14 Accum. Prov. for Depr., Amort., & Depl. 1,209,203,979 1,066,301,572
- ------------------------------------------------------------------------------------------------------------------------------
15 Net Utility Plant (Enter Total of line 13 less 14) 1,327,003,851 1,076,297,398
==============================================================================================================================
DETAIL OF ACCUMULATED PROVISIONS FOR
16 DEPRECIATION, AMORTIZATION AND DEPLETION
17 In Service:
18 Depreciation 1,172,585,158 1,049,551,301
19 Amort. and Depl. of Producing Natural Gas Land and Land Rights
20 Amort. of Underground Storage Land and Land Rights
21 Amort. of Other Utility Plant 27,969,677 8,282,518
- ------------------------------------------------------------------------------------------------------------------------------
22 TOTAL In Service (Enter Total of lines 18 thru 21) 1,200,554,835 1,057,833,819
23 Leased to Others
24 Depreciation
25 Amortization and Depletion
- ------------------------------------------------------------------------------------------------------------------------------
26 TOTAL Leased to Others (Enter Total of lines 24 and 25)
27 Held for Future Use
28 Depreciation
29 Amortization
- ------------------------------------------------------------------------------------------------------------------------------
30 TOTAL Held for Future Use (Enter Total of lines 28 and 29)
31 Abandonment of Leases (Natural Gas)
32 Amort. of Plant Acquisition Adj. 8,649,144 8,467,753
- ------------------------------------------------------------------------------------------------------------------------------
TOTAL Accumulated Provisions (Should agree with line
33 14 above) (Enter Total of lines 22, 26, 30, 31, and 32) 1,209,203,979 1,066,301,572
- ------------------------------------------------------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
FERC FORM NO. 1 Page 200
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [X] An Original (Mo, Da, Yr)
IES UTILITIES INC. (2) [ ] A Resubmission Dec. 31, 1998
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION (Continued)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Gas Other (Specify) Other (Specify) Other (Specify) Common Line
Steam No.
(d) (e) (f) (g) (h)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1
2
186,884,791 55,373,613 90,602,276 3
4
5
11,421,597 423,775 16,337,578 6
7
- -----------------------------------------------------------------------------------------------------------------------------
198,306,388 55,797,388 106,939,854 8
9
10
142,288 62,905 32,178,646 11
181,391 12
- -----------------------------------------------------------------------------------------------------------------------------
198,630,067 55,860,293 139,118,500 13
69,453,175 8,164,365 65,284,867 14
- -----------------------------------------------------------------------------------------------------------------------------
129,176,892 47,695,928 73,833,633 15
=============================================================================================================================
16
17
68,035,662 8,164,294 46,833,901 18
19
20
1,236,122 71 18,450,966 21
- -----------------------------------------------------------------------------------------------------------------------------
69,271,784 8,164,365 65,284,867 22
23
24
25
- -----------------------------------------------------------------------------------------------------------------------------
26
27
28
29
- -----------------------------------------------------------------------------------------------------------------------------
30
31
181,391 32
- -----------------------------------------------------------------------------------------------------------------------------
69,453,175 8,164,365 65,284,867 33
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
FERC FORM NO. 1 Page 201
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr)
IES UTILITIES INC. December 31, 1998
- --------------------------------------------------------------------------------
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157)
- --------------------------------------------------------------------------------
1. Report below the costs incurred for nuclear fuel materials in process of
fabrication, on hand, in reactor, and in cooling; owned by the,
respondent.
2. If the nuclear fuel stock is obtained under leasing arrangements, attach a
statement showing the amount of nuclear fuel leased, the quantity used and
quantity on hand, and the costs incurred under such leasing arrangements.
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------
Changes During Year
Balance ----------------------
Line Description of Item Beginning of year Additions
No. (a) (b) (c)
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Nuclear Fuel in Process of Refinement, Conversion,
- ---------------------------------------------------------------------------------------------------------------------------
Enrichment & Fabrication (120.1)
- ---------------------------------------------------------------------------------------------------------------------------
2 Fabrication
- ---------------------------------------------------------------------------------------------------------------------------
3 Nuclear Materials
- ---------------------------------------------------------------------------------------------------------------------------
4 Allowance for Funds Used during Construction
- ---------------------------------------------------------------------------------------------------------------------------
5 Other Overhead Construction Costs
- ---------------------------------------------------------------------------------------------------------------------------
6 SUBTOTAL (Enter Total of lines 2 thru 5)
- ---------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel Materials and Assemblies
- ---------------------------------------------------------------------------------------------------------------------------
8 In Stock (120.2)
- ---------------------------------------------------------------------------------------------------------------------------
9 In Reactor (120.3)
- ---------------------------------------------------------------------------------------------------------------------------
10 SUBTOTAL (Enter Total of lines 8 and 9)
- ---------------------------------------------------------------------------------------------------------------------------
11 Spent Nuclear Fuel (120.4)
- ---------------------------------------------------------------------------------------------------------------------------
12 Nuclear Fuel Under Capital Leases (120.6) 36,731,340 1,425,391
- ---------------------------------------------------------------------------------------------------------------------------
(Less) Accum. Prov. for Amortization of
- ---------------------------------------------------------------------------------------------------------------------------
13 Nuclear Fuel Assemblies (120.5)
- ---------------------------------------------------------------------------------------------------------------------------
14 TOTAL Nuclear Fuel Stock (Enter Total lines 36,731,340
- ---------------------------------------------------------------------------------------------------------------------------
6, 10, 11, and 12 less line 13)
- ---------------------------------------------------------------------------------------------------------------------------
15 Estimated Net Salvage Value of Nuclear
- ---------------------------------------------------------------------------------------------------------------------------
Materials in line 9
- ---------------------------------------------------------------------------------------------------------------------------
16 Estimated Net Salvage Value of Nuclear
- ---------------------------------------------------------------------------------------------------------------------------
Materials in line 11
- ---------------------------------------------------------------------------------------------------------------------------
17 Estimated Net Salvage Value of Nuclear
- ---------------------------------------------------------------------------------------------------------------------------
Materials in Chemical Processing
- ---------------------------------------------------------------------------------------------------------------------------
18 Nuclear Materials Held for Sale (157)
- ---------------------------------------------------------------------------------------------------------------------------
19 Uranium
- ---------------------------------------------------------------------------------------------------------------------------
20 Plutonium
- ---------------------------------------------------------------------------------------------------------------------------
21 Other
- ---------------------------------------------------------------------------------------------------------------------------
22 TOTAL Nuclear Materials Held for Sale
- ---------------------------------------------------------------------------------------------------------------------------
(Enter Total of lines 19, 20, and 21)
- ---------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 202
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr)
IES UTILITIES INC. (2)[ ]A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
Changes During the Year
- --------------------------------------------------------------------------------------
Other Reductions Balance
Amortization (Explain in a End of Year Line
footnote) No.
(d) (e) (f)
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
2
- --------------------------------------------------------------------------------------------------------------------------------
3
- --------------------------------------------------------------------------------------------------------------------------------
4
- --------------------------------------------------------------------------------------------------------------------------------
5
- --------------------------------------------------------------------------------------------------------------------------------
6
- --------------------------------------------------------------------------------------------------------------------------------
7
- --------------------------------------------------------------------------------------------------------------------------------
8
- --------------------------------------------------------------------------------------------------------------------------------
9
- --------------------------------------------------------------------------------------------------------------------------------
10
- --------------------------------------------------------------------------------------------------------------------------------
11
- --------------------------------------------------------------------------------------------------------------------------------
12,512,536 25,644,195 12
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
13
- --------------------------------------------------------------------------------------------------------------------------------
25,644,195 14
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
15
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
16
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
17
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
18
- --------------------------------------------------------------------------------------------------------------------------------
19
- --------------------------------------------------------------------------------------------------------------------------------
20
- --------------------------------------------------------------------------------------------------------------------------------
21
- --------------------------------------------------------------------------------------------------------------------------------
22
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 203
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of electric plant in service according to
the prescribed accounts.
2. In addition to Account 101, Electric Plant in Service (Classified), this
page and the next include Account 102, Electric Plant Purchased or Sold;
Account 103, Experimental Electric Plant Unclassified; and Account 106,
Completed Construction Not Classified-Electric.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts, on an estimated
basis if necessary, and include the entries in column (c). Also to be
included in column (c) are entries for reversals of tentative distributions
of prior year reported in column (b). Likewise, if the respondent has a
significant amount of plant retirements which have not been classified to
primary accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accummulated depreciation provision.
Include also in column (d) reversals of tentative distributions of prior
year of unclassified retirements. Attach supplemental statement showing the
account distributions of these tentative classifications in columns (c) and
(d), including the
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
Line Account Balance at Additions
No. Beginning of Year
(a) (b) (c)
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 1. INTANGIBLE PLANT
2 (301) Organization
3 (302) Franchises and Consents 289,718
4 (303) Miscellaneous Intangible Plant 11,542,006 614,025
--------------------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant (Total of lines 2, 3, and 4) 11,831,724 614,025
--------------------------------------------------------------------------------------------------------------------------
6 2. PRODUCTION PLANT
7 A. Steam Production Plant
8 (310) Land and Land Rights 1,312,715
9 (311) Structures and Improvements 76,775,927 1,232,165
10 (312) Boiler Plant Equipment 281,648,412 2,890,125
11 (313) Engines and Engine-Driven Generators
12 (314) Turbogenerator Units 75,980,097 (289,073)
13 (315) Accessory Electric Equipment 35,134,777 231,249
14 (316) Misc. Power Plant Equipment 8,939,274 (20,831)
--------------------------------------------------------------------------------------------------------------------------
15 TOTAL Steam Production Plant (Total of lines 8-14) 479,791,202 4,043,635
--------------------------------------------------------------------------------------------------------------------------
16 B. Nuclear Production Plant
17 (320) Land and Land Rights 1,308,388
18 (321) Structures and Improvements 100,546,084 153,701
19 (322) Reactor Plant Equipment 213,574,707 2,006,233
20 (323) Turbogenerator Units 56,851,319 3,613,848
21 (324) Accessory Electric Equipment 59,872,430 10,874
22 (325) Misc. Power Plant Equipment 55,842,834 1,206,101
--------------------------------------------------------------------------------------------------------------------------
23 TOTAL Nuclear Production Plant (Total of lines 17-22) 487,995,762 6,990,757
--------------------------------------------------------------------------------------------------------------------------
24 C. Hydraulic Production Plant
25 (330) Land and Land Rights 158,386
26 (331) Structures and Improvements 434,298
27 (332) Reservoirs, Dams, and Waterways 573,958
28 (333) Water Wheels, Turbines, and Generators 840,276
29 (334) Accessory Electric Equipment 245,130
30 (335) Misc. Power Plant Equipment 14,460
31 (336) Roads, Railroads, and Bridges
--------------------------------------------------------------------------------------------------------------------------
32 TOTAL Hydraulic Production Plant(Total of lines 25-31) 2,266,508 --
--------------------------------------------------------------------------------------------------------------------------
33 D. Other Production Plant
34 (340) Land and Land Rights 182,077
35 (341) Structures and Improvements 675,665 75,077
36 (342) Fuel Holders, Products and Accessories 2,859,550 16,256
37 (343) Prime Movers 1,046,847
38 (344) Generators 65,015,883 (65,115)
39 (345) Accessory Electric Equipment 1,209,775 22,021
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 204
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
reversals of the prior years tentative account distributions of these
amounts. Careful observance of the above instructions and the texts of
Accounts 101 and 106 will avoid serious omissions of the reported amount of
respondent's plant actually in service at end of year.
6. Show in column (f) reclassifications or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
Retirements Adjustments Transfers Balance at
End of Year Line
(d) (e) (f) (g) No.
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1
(301) 2
289,718 (302) 3
12,156,031 (303) 4
- ---------------------------------------------------------------------------------------------------------------------------
-- -- -- 12,445,749 5
- ---------------------------------------------------------------------------------------------------------------------------
6
7
1,312,715 (310) 8
8,000 78,000,092 (311) 9
1,980,156 37,941 282,596,322 (312) 10
(313) 11
913 75,690,111 (314) 12
15,977 (94) 35,349,955 (315) 13
42,740 8,875,703 (316) 14
- ---------------------------------------------------------------------------------------------------------------------------
2,047,786 -- 37,847 481,824,898 15
- ---------------------------------------------------------------------------------------------------------------------------
16
1,308,388 (320) 17
100,699,785 (321) 18
517,252 215,063,688 (322) 19
60,465,167 (323) 20
59,883,304 (324) 21
57,048,935 (325) 22
- ---------------------------------------------------------------------------------------------------------------------------
517,252 -- -- 494,469,267 23
- ---------------------------------------------------------------------------------------------------------------------------
24
158,386 (330) 25
434,298 (331) 26
573,958 (332) 27
840,276 (333) 28
245,130 (334) 29
14,460 (335) 30
(336) 31
- ---------------------------------------------------------------------------------------------------------------------------
-- -- -- 2,266,508 32
- ---------------------------------------------------------------------------------------------------------------------------
33
182,077 (340) 34
750,742 (341) 35
2,875,806 (342) 36
1,046,847 (343) 37
64,950,768 (344) 38
1,231,796 (345) 39
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 205
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Line Account Balance at Additions
No. Beginning of Year
(a) (b) (c)
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
40 (346) Misc. Power Plant Equipment 76,275 88,575
------------------------------------------------------------------------------------------------------------------------------
41 TOTAL Other Production Plant (Total of lines 34-40) 71,066,072 136,814
------------------------------------------------------------------------------------------------------------------------------
42 TOTAL Production Plant (Tot. of lines 15,23,32,and 4 1,041,119,544 11,171,206
------------------------------------------------------------------------------------------------------------------------------
43 3. TRANSMISSION PLANT
44 (350) Land and Land Rights 10,117,114 100,340
45 (352) Structures and Improvements 5,105,931 1,125,523
46 (353) Station Equipment 118,395,822 630,071
47 (354) Towers and Fixtures 4,332,145
48 (355) Poles and Fixtures 73,167,478 2,852,526
49 (356) Overhead Conductors and Devices 99,001,701 4,158,549
50 (357) Underground Conduit 109,076 2,783
51 (358) Underground Conductors and Devices 249,557 34,102
52 (359) Roads and Trails
------------------------------------------------------------------------------------------------------------------------------
53 TOTAL Transmission Plant (Total of lines 44 thru 52) 310,478,824 8,903,894
------------------------------------------------------------------------------------------------------------------------------
54 4. DISTRIBUTION PLANT
55 (360) Land and Land Rights 1,628,051 31,822
56 (361) Structures and Improvements 4,153,272 350,950
57 (362) Station Equipment 79,481,735 7,836,903
58 (363) Storage Battery Equipment
59 (364) Poles, Towers, and Fixtures 121,383,454 8,424,673
60 (365) Overhead Conductors and Devices 138,130,488 9,300,451
61 (366) Underground Conduit 14,779,112 1,816,102
62 (367) Underground Conductors and Devices 74,139,850 6,594,321
63 (368) Line Transformers 101,337,680 9,478,570
64 (369) Services 6,140,624
65 (370) Meters 38,826,779 1,564,581
66 (371) Installations on Customer Premises 8,827,366 164,976
67 (372) Leased Property on Customer Premises
68 (373) Street Lighting and Signal Systems 21,392,804 2,463,583
------------------------------------------------------------------------------------------------------------------------------
69 TOTAL Distribution Plant (Total of lines 55 thru 68) 610,221,215 48,026,932
------------------------------------------------------------------------------------------------------------------------------
70 5. GENERAL PLANT
71 (389) Land and Land Rights 341,261
72 (390) Structures and Improvements 5,515,966 689,987
73 (391) Office Furniture and Equipment 2,577,065 783,228
74 (392) Transportation Equipment 22,417,824 270,902
75 (393) Stores Equipment
76 (394) Tools, Shop and Garage Equipment 7,164,101 310,834
77 (395) Laboratory Equipment
78 (396) Power Operated Equipment 2,176,664 21,653
79 (397) Communication Equipment 11,763,526 1,641,439
80 (398) Miscellaneous Equipment
------------------------------------------------------------------------------------------------------------------------------
81 SUBTOTAL (Enter Total of lines 71 thru 80) 51,956,407 3,718,043
------------------------------------------------------------------------------------------------------------------------------
82 (399) Other Tangible Property
------------------------------------------------------------------------------------------------------------------------------
83 TOTAL General Plant (Enter Total of lines 81 and 82) 51,956,407 3,718,043
------------------------------------------------------------------------------------------------------------------------------
84 TOTAL (Accounts 101 and 106) 2,025,607,714 72,434,100
------------------------------------------------------------------------------------------------------------------------------
85 (102) Electric Plant Purchased (See Inst. 8)
86 (Less) (102) Electric Plant Sold (See Inst. 8)
87 (103) Experimental Plant Unclassified
------------------------------------------------------------------------------------------------------------------------------
88 TOTAL Electric Plant in Service (Enter Total of lines 84 thru 87) 2,025,607,714 72,434,100
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 206
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
164,850 (346) 40
- ---------------------------------------------------------------------------------------------------------------------------
71,202,886 41
- ---------------------------------------------------------------------------------------------------------------------------
2,565,038 37,847 1,049,763,559 42
- ---------------------------------------------------------------------------------------------------------------------------
43
(441,612) 9,775,842 (350) 44
94 6,231,360 (352) 45
111,629 (184,451) 118,729,813 (353) 46
4,332,145 (354) 47
148,386 (4,380) 75,867,238 (355) 48
351,368 65,564 102,874,446 (356) 49
111,859 (357) 50
283,659 (358) 51
(359) 52
- ---------------------------------------------------------------------------------------------------------------------------
611,477 (564,879) 318,206,362 53
- ---------------------------------------------------------------------------------------------------------------------------
54
8,453 1,651,420 (360) 55
50,944 4,453,278 (361) 56
184,524 111,806 87,245,920 (362) 57
(363) 58
450,905 (1,375) 129,355,847 (364) 59
483,367 57,619 147,005,191 (365) 60
4,260 16,590,954 (366) 61
242,192 80,491,979 (367) 62
913,208 (3,480) 109,899,562 (368) 63
6,140,624 (369) 64
248,851 (4,284) 40,138,225 (370) 65
8,992,342 (371) 66
(372) 67
282,789 23,573,598 (373) 68
- ---------------------------------------------------------------------------------------------------------------------------
2,869,493 160,286 655,538,940 69
- ---------------------------------------------------------------------------------------------------------------------------
70
16,983 324,278 (389) 71
213,943 5,992,010 (390) 72
2,210 2,622 3,360,705 (391) 73
66,449 (1) 22,622,276 (392) 74
(393) 75
(2,622) 7,472,313 (394) 76
(395) 77
19,344 2,217,661 (396) 78
654,954 12,750,011 (397) 79
(398) 80
- ---------------------------------------------------------------------------------------------------------------------------
954,539 19,343 54,739,254 81
- ---------------------------------------------------------------------------------------------------------------------------
(399) 82
- ---------------------------------------------------------------------------------------------------------------------------
954,539 19,343 54,739,254 83
- ---------------------------------------------------------------------------------------------------------------------------
7,000,547 (347,403) 2,090,693,864 84
- ---------------------------------------------------------------------------------------------------------------------------
(102) 85
86
(103) 87
- ---------------------------------------------------------------------------------------------------------------------------
7,000,547 (347,403) 2,090,693,864 88
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 207
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
IES UTILITIES INC. (2) [ ] A Resubmission Dec. 31, 1998
- --------------------------------------------------------------------------------
ACCUMULATED PROVISION FOR DEPRECIATION OF ELECTRIC UTILITY PLANT (Account 108)
- --------------------------------------------------------------------------------
1. Explain in a footnote any important adjustments during year.
2. Explain in a footnote any difference between the amount for book cost of
plant retired, line 11, column (c), and that reported for electric plant in
service, pages 204-207, column (d) excluding retirements of non-depreciable
property.
3. The provisions of Account 108 in the Uniform System of Accounts require
that retirements of depreciable plant be recorded when such plant is
removed from service. If the respondent has a significant amount of plant
retired at year end which has not been recorded and/or classified to the
various reserve functional classifications, make preliminary closing
entries to tentatively functionalize the book cost of the plant retired. In
addition, include all costs included in retirement work in progress at year
end in the appropriate functional classifications.
4. Show separately interest credits under a sinking fund or similar method of
depreciation accounting.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Section A. Balances and Changes During Year
- ------------------------------------------------------------------------------------------------------------------------------------
Line Total Electric Plant Electric Plant Held Electric Plant
No. Item (c + d + e) in Service for Future Use Leased to Others
(a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Balance Beginning of Year 975,684,025 975,684,025
- ------------------------------------------------------------------------------------------------------------------------------------
2 Depreciation Provisions for Year,
Charged to:
3 (403) Depreciation Expense 74,012,244 74,012,244
4 (413) Exp. of Elec. Plt. Leas. to Others
5 Transportation Expenses-Clearing 1,165,760 1,165,760
6 Other Clearing Accounts
7 Other Accounts (Specify): 7,528,718 7,528,718
8
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL Deprec. Prov. for Year
9 (Enter Total of lines 3 thru 8) 82,706,722 82,706,722
- ------------------------------------------------------------------------------------------------------------------------------------
10 Net Charges for Plant Retired:
11 Book Cost of Plant Retired 6,975,111 6,975,111
12 Cost of Removal 2,186,205 2,186,205
13 Salvage (Credit) 278,949 278,949
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL Net Chrgs. for Plant Ret.
14 (Enter Total of lines 11 thru 13) 8,882,367 8,882,367
- ------------------------------------------------------------------------------------------------------------------------------------
15 Other Debit or Cr. Items (Describe):
16 Net adjustments to Other Functions/Companies 42,921 42,921
- ------------------------------------------------------------------------------------------------------------------------------------
17 Balance End of Year (Enter
Total of lines 1, 9, 14, 15, and 16) 1,049,551,301 1,049,551,301
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
Section B. Balances at End of Year According to Functional Classifications
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
18 Steam Production 252,910,433 252,910,433
19 Nuclear Production 353,490,636 353,490,636
20 Hydraulic Production - Conventional 986,231 986,231
21 Hydraulic Production - Pumped Storage
22 Other Production 29,801,479 29,801,479
23 Transmission 119,829,890 119,829,890
24 Distribution 266,718,426 266,718,426
25 General 25,814,206 25,814,206
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL (Enter Total of lines 18
26 thru 25) 1,049,551,301 1,049,551,301
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 219 Next Page is 221
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
- --------------------------------------------------------------------------------
NONUTILITY PROPERTY (Account 121)
- --------------------------------------------------------------------------------
1. Give a brief description and state the location of nonutility property
included in Account 121.
2. Designate with a double asterisk any property which is leased to another
company. State name of lessee and whether lessee is an associated company.
3. Furnish particulars (details concerning sales, purchases, transfers of
Nonutility Property during the year.
4. List separately all property previously devoted to public service and give
date of transfer to Account 121, Nonutility Property.
5. Minor items (5% of the Balance at the End of the Year, for Account 121 or
$100,000, whichever is less) may be grouped by (1) previously devoted to
public service (line 44), or (2) other nonutility property (line 45).
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
Line Description and Location Balance at Purch., Sales, Balance at
No. Beg. of Year Transfers, etc. End of Year
(a) (b) (c) (d)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 (1) Miscellaneous parcels of land and buildings are
2 located within the state of Iowa with the exception
3 of the Fairmont property shown below.
4
5 (2) Tenant Space - IES Tower ** 378,977 378,977
6
7 (4) PREV UTILITY PROPERTY Date Trfd
8
9 Building - Cedar Rapids 1966 25,994 25,994
10
11 Building - Rural Maquoketa 1974 12,247 12,247
12
13 Land - Spirit Lake 1983 8,962 8,962
14
15 Land - Fairmont, MN 1987 1,539 1,539
16
17 Land and Building - Fairfield 1988 21,025 21,025
18
19 Land - Carroll 1991 3,776 3,776
20
21
22
23
24 OTHER NONUTILITY PROPERTY
25
26 Land - Marshalltown 31,823 72,124 103,947
27
28 Land - Cedar Rapids 61,620 61,620
29
30 Coal Silo (used for loading coal trucks that haul coal
31 to outside party)-Ottumwa Generating Station 1,707,347 29,316 1,736,663
32
33 Water line used to provide heated water to outside
34 party 70,742 70,742
35
36 Land - Excess land around Burlington Generating 145,790 145,790
37
38 ** National Propane
39
40
41
42
43
44 Minor Items Previously Devoted to Public Service 28,689 (1,461) 27,228
45 Minor Items - Other Nonutility Property 27,575 27,575
- ----------------------------------------------------------------------------------------------------------------------------------
46 TOTAL 2,526,106 99,979 2,626,085
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 221
<PAGE>
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1)
1. Report below investments in Accounts 123.1, Investment in Subsidiary
Companies.
2. Provide a subheading for each company and list thereunder the information
called for below. Sub-total by company and give a total in columns (e),
(f), (g) and (h).
(a) Investment in Securities - List and describe each security owned. For
bonds give also principal amount, date of issue, maturity, and
interest rate.
(b) Investment Advances - Report separately the amounts of loans or
investment advances which are subject to repayment, but which are not
subject to current settlement. With respect to each advance show
whether the advance is a note or open account. List each note giving
date of issuance, maturity date, and specifying whether note is a
renewal.
3. Report separately the equity in undistributed subsidiary earnings since
acquisition. The total in column (e) should equal the amount entered for
Account 418.1.
<TABLE>
<CAPTION>
Amount of
Line Description of Investment Date Date of Investment at
No. Acquired Maturity Beginning of Year
(a) (b) (c) (d)
<S> <C> <C> <C> <C>
1 UNITRAIN SERVICES
2 Unitrain Services is a partnership in which
3 IES Utilities Inc. owns 33-1/3% interest. 4/1/80 20,623
4
5 Initial investment $10,000.
6 Equity since acquisition $564,454
7 Distributions since acquisition $560,000.
8
9 IES VENTURES INC.
10 IES Ventures Inc. is a holding company which is
11 wholly-owned by IES Utilities Inc. 11/30/94 308,531
12
13 Equity since acquisition $315,258.
14
15 IES MIDLAND DEVELOPMENT INC.
16 IES Midland Development Inc. is a wholly-owned
17 subsidiary of IES Ventures Inc. 11/30/94 4,852,536
18
19 Initial investment $300,000.
20 Additional investment since acquisition $4,556,701.
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42 Total Cost of Account 123.1 = $5,637,720 TOTAL 5,181,690
</TABLE>
FERC FORM NO. 1 Page 224
<PAGE>
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
IES UTILITIES INC. (2) [ ] A Resubmission December 31, 1998
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1) (Continued)
4. For any securities, notes, or accounts that were pledged, designate such
securities, notes, or accounts in a footnote, and state the name of pledgee
and purpose of the pledge.
5. If Commission approval was required for any advance made or security
acquired, designate such fact in a footnote and give name of Commission,
date of authorization, and case or docket number.
6. Report column (f) interest and dividend revenues from investments,
including such revenues from securities disposed of during the year.
7. In column (h) report for each investment disposed of during the year, the
gain or loss represesnted by the difference between cost of the investment
(or the other amount at which carried in the books of account if different
from cost) and the selling price thereof, not including interest adjustment
includible in column (f).
8. Report on Line 42, column (a) the total cost of Account 123.1.
<TABLE>
<CAPTION>
Equity in Amount of Gain or Loss
Subsidiary Revenues Investment at from Investment
Earnings for Year for Year End of Year Disposed of Line
(e) (f) (g) (h) No.
<S> <C> <C>
1
2
(6,169) 14,454 3
4
5
6
7
8
9
10
6,727 315,258 11
12
13
14
15
16
4,165 4,856,701 17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
4,723 5,186,413 42
</TABLE>
FERC FORM NO. 1 Page 225
<PAGE>
IES UTILITIES INC. An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2)
- --------------------------------------------------------------------------------
1. Report below the particulars (details) called for concerning allowances.
2. Report all acquisitions of allowances at cost.
3. Report allowances in accordance with a weighted average cost allocation
method and other accounting as prescribed by General Instruction No. 21 in
the Uniform System of Accounts.
4. Report the allowances transactions by the period they are first eligible
for use: the current year's allowances in columns (b)-(c), allowances for
the three succeeding years in columns (d)-(i), starting with the following
year, and allowances for the remaining succeeding years in columns (j)-(k).
5. Report on line 4 the Environmental Protection Agency (EPA) issued
allowances. Report withheld portions on lines 36-40.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------
Allowance Inventory Current Year 1999
--------------------------- ---------------------------
Line (Account 158.1) No. Amt. No. Amt.
No. (a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 Balance-Beginning of Year 21,901 30,411
2
3 Acquired During Year:
4 Issued (less Withheld Allow.) 18,393 18,393
- ------------------------------------------------------------------------------------------------------------------------------
5 Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------
6
7 Purchases/Transfers:
8
- ------------------------------------------------------------------------------------------------------------------------------
9
- ------------------------------------------------------------------------------------------------------------------------------
10
- ------------------------------------------------------------------------------------------------------------------------------
11
- ------------------------------------------------------------------------------------------------------------------------------
12
- ------------------------------------------------------------------------------------------------------------------------------
13
- ------------------------------------------------------------------------------------------------------------------------------
14
- ------------------------------------------------------------------------------------------------------------------------------
15 Total
- ------------------------------------------------------------------------------------------------------------------------------
16
17 Relinquished During Year:
18 Charges to Account 509 9,883
- ------------------------------------------------------------------------------------------------------------------------------
19
- ------------------------------------------------------------------------------------------------------------------------------
20
- ------------------------------------------------------------------------------------------------------------------------------
21 Cost of Sales/Transfers:
22
- ------------------------------------------------------------------------------------------------------------------------------
23
- ------------------------------------------------------------------------------------------------------------------------------
24
- ------------------------------------------------------------------------------------------------------------------------------
25
- ------------------------------------------------------------------------------------------------------------------------------
26
- ------------------------------------------------------------------------------------------------------------------------------
27
- ------------------------------------------------------------------------------------------------------------------------------
28 Total
- ------------------------------------------------------------------------------------------------------------------------------
29 Balance-End of Year 30,411 48,804
- ------------------------------------------------------------------------------------------------------------------------------
30
31 Sales:
32 Net Sales Proceeds (Assoc. Co.)
- ------------------------------------------------------------------------------------------------------------------------------
33 Net Sales Proceeds (Other)
- ------------------------------------------------------------------------------------------------------------------------------
34 Gains
- ------------------------------------------------------------------------------------------------------------------------------
35 Losses
- ------------------------------------------------------------------------------------------------------------------------------
Allowances Withheld
(Account 158.2)
- ------------------------------------------------------------------------------------------------------------------------------
36 Balance-Beginning of Year
- ------------------------------------------------------------------------------------------------------------------------------
37 Add: Withheld by EPA 497 497
- ------------------------------------------------------------------------------------------------------------------------------
38 Deduct: Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------
39 Cost of Sales 497
- ------------------------------------------------------------------------------------------------------------------------------
40 Balance-End of Year 497
- ------------------------------------------------------------------------------------------------------------------------------
41
42 Sales:
43 Net Sales Proceeds (Assoc. Co.) 1,208 97,614
- ------------------------------------------------------------------------------------------------------------------------------
44 Net Sales Proceeds (Other) 1,208 97,614
- ------------------------------------------------------------------------------------------------------------------------------
45 Gains
- ------------------------------------------------------------------------------------------------------------------------------
46 Losses
- ------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 228
<PAGE>
IES UTILITIES INC. An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2) (Continued)
- --------------------------------------------------------------------------------
6. Report on line 5 allowances returned by the EPA. Report on line 39 the
EPA's sales of the withheld allowances. Report on lines 43-46 the net sales
proceeds and gains/losses resulting from the EPA's sales or auction of the
withheld allowances.
7. Report on lines 8-14 the names of vendors/transferors of allowances
acquired and identify associated companies (See "associated company" under
"Definitions" in the Uniform System of Accounts).
8. Report on lines 22-27 the names of purchasers/transferees of allowances
disposed of and identify associated companies.
9. Report the net costs and benefits of hedging transactions on a separate
line under purchases/transfers and sales/transfers.
10. Report on lines 32-35 & 43-47 the net sales proceeds and gains or losses
from allowance sales.
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
2000 2001 Future Years Totals
- ---------------------------------------------------------------------------------------------------------------------------------
No. Amt. No. Amt. No. Amt. No. Amt. Line
(f) (g) (h) (i) (j) (k) (l) (m) No.
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
48,804 73,030 97,256 271,402 1
- ---------------------------------------------------------------------------------------------------------------------------------
2
3
24,226 24,226 656,534 741,772 4
- ---------------------------------------------------------------------------------------------------------------------------------
5
- ---------------------------------------------------------------------------------------------------------------------------------
6
- ---------------------------------------------------------------------------------------------------------------------------------
7
- ---------------------------------------------------------------------------------------------------------------------------------
8
- ---------------------------------------------------------------------------------------------------------------------------------
9
- ---------------------------------------------------------------------------------------------------------------------------------
10
- ---------------------------------------------------------------------------------------------------------------------------------
11
- ---------------------------------------------------------------------------------------------------------------------------------
12
- ---------------------------------------------------------------------------------------------------------------------------------
13
- ---------------------------------------------------------------------------------------------------------------------------------
14
- ---------------------------------------------------------------------------------------------------------------------------------
15
- ---------------------------------------------------------------------------------------------------------------------------------
16
17
9,883 18
- ---------------------------------------------------------------------------------------------------------------------------------
19
- ---------------------------------------------------------------------------------------------------------------------------------
20
- ---------------------------------------------------------------------------------------------------------------------------------
21
- ---------------------------------------------------------------------------------------------------------------------------------
22
- ---------------------------------------------------------------------------------------------------------------------------------
23
- ---------------------------------------------------------------------------------------------------------------------------------
24
- ---------------------------------------------------------------------------------------------------------------------------------
25
- ---------------------------------------------------------------------------------------------------------------------------------
26
- ---------------------------------------------------------------------------------------------------------------------------------
27
- ---------------------------------------------------------------------------------------------------------------------------------
28
- ---------------------------------------------------------------------------------------------------------------------------------
73,030 97,256 753,790 1,003,291 29
- ---------------------------------------------------------------------------------------------------------------------------------
30
31
32
- ---------------------------------------------------------------------------------------------------------------------------------
33
- ---------------------------------------------------------------------------------------------------------------------------------
34
- ---------------------------------------------------------------------------------------------------------------------------------
35
- ---------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------
497 1,208 1,919 3,624 36
- ---------------------------------------------------------------------------------------------------------------------------------
711 711 19,197 21,613 37
- ---------------------------------------------------------------------------------------------------------------------------------
38
- ---------------------------------------------------------------------------------------------------------------------------------
497 39
- ---------------------------------------------------------------------------------------------------------------------------------
1,208 1,919 21,116 24,740 40
- ---------------------------------------------------------------------------------------------------------------------------------
41
42
1,208 97,614 43
- ---------------------------------------------------------------------------------------------------------------------------------
1,208 97,614 44
- ---------------------------------------------------------------------------------------------------------------------------------
45
- ---------------------------------------------------------------------------------------------------------------------------------
46
- ---------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 229
<PAGE>
WISCONSIN POWER AND LIGHT COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Line Ref. Balance at Balance at
No. Title of Account Page No. Beginning of Year End of Year
(a) (b) (c) (d)
- -----------------------------------------------------------------------------------------------------------------------------------
1 UTILITY PLANT
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
2 Utility Plant (101-106, 114) 200-201 2,223,481,054 2,303,607,624
- -----------------------------------------------------------------------------------------------------------------------------------
3 Construction Work in Progress (107) 200-201 42,161,687 56,902,770
- -----------------------------------------------------------------------------------------------------------------------------------
4 TOTAL UTILITY PLANT (Enter Total of Lines 2 and 3) 2,265,642,741 2,360,510,394
- -----------------------------------------------------------------------------------------------------------------------------------
5 (Less) Accum. Prov. for Depr. Amort. Depl. (108,111,115) 200-201 1,057,354,471 1,160,157,045
- -----------------------------------------------------------------------------------------------------------------------------------
6 Net Utility Plant (Enter Total of Line 4 Less 5) 1,208,288,270 1,200,353,349
- -----------------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel (120.1-120.4, 120.6) 202-203 169,553,699 174,534,807
- -----------------------------------------------------------------------------------------------------------------------------------
8 (Less) Accum. Prov. for Amort. of Nucl. Assemblies (120.5) 202-203 150,507,720 155,863,432
- -----------------------------------------------------------------------------------------------------------------------------------
9 Net Nuclear Fuel (Enter Total of Lines 7 Less 8) 19,045,979 18,671,375
- -----------------------------------------------------------------------------------------------------------------------------------
10 Net Utility Plant (Enter Total of Lines 6 and 9) 1,227,334,249 1,219,024,724
- -----------------------------------------------------------------------------------------------------------------------------------
11 Utility Plant Adjustments (116) 122
- -----------------------------------------------------------------------------------------------------------------------------------
12 Gas Stored Underground-Noncurrent (117)
- -----------------------------------------------------------------------------------------------------------------------------------
13 OTHER PROPERTY AND INVESTMENTS
- -----------------------------------------------------------------------------------------------------------------------------------
14 Nonutility Property (121) 221 687,400 673,665
- -----------------------------------------------------------------------------------------------------------------------------------
15 (Less) Accum. Prov. for Depr. and Amort. (122) 44,054 43,875
- -----------------------------------------------------------------------------------------------------------------------------------
16 Investments in Associated Companies (123) 5,859,733 5,360,095
- -----------------------------------------------------------------------------------------------------------------------------------
17 Investment in Subsidiary Companies (123.1) 224-225 4,385,623 4,500,332
- -----------------------------------------------------------------------------------------------------------------------------------
18 (For Cost of Account 123.1, See Footnote Page 224, Line 42)
- -----------------------------------------------------------------------------------------------------------------------------------
19 Noncurrent Portion of Allowances 228-229
- -----------------------------------------------------------------------------------------------------------------------------------
20 Other Investments (124) 9,537,721 10,600,325
- -----------------------------------------------------------------------------------------------------------------------------------
21 Special Funds (125-128) 112,356,128 134,111,532
- -----------------------------------------------------------------------------------------------------------------------------------
22 TOTAL Other Property and Investments (Total of Lines 14-17, 19-21) 132,782,551 155,202,074
- -----------------------------------------------------------------------------------------------------------------------------------
23 CURRENT AND ACCRUED ASSETS
- -----------------------------------------------------------------------------------------------------------------------------------
24 Cash (131) 1,078,252 1,669,557
- -----------------------------------------------------------------------------------------------------------------------------------
25 Special Deposits (132-134)
- -----------------------------------------------------------------------------------------------------------------------------------
26 Working Fund (135) 163,774 141,804
- -----------------------------------------------------------------------------------------------------------------------------------
27 Temporary Cash Investments (136) 1,250,000
- -----------------------------------------------------------------------------------------------------------------------------------
28 Notes Receivable (141)
- -----------------------------------------------------------------------------------------------------------------------------------
29 Customer Accounts Receivable (142) (33,690,932) (27,333,352)
- -----------------------------------------------------------------------------------------------------------------------------------
30 Other Accounts Receivable (143) 24,751,001 13,057,708
- -----------------------------------------------------------------------------------------------------------------------------------
31 (Less) Accum. Prov. for Uncollectible Acct.-Credit (144)
- -----------------------------------------------------------------------------------------------------------------------------------
32 Notes Receivable from Associated Companies (145)
- -----------------------------------------------------------------------------------------------------------------------------------
33 Accounts Receivable from Assoc. Companies (146) 18,157,011 15,669,040
- -----------------------------------------------------------------------------------------------------------------------------------
34 Fuel Stock (151) 227 18,857,026 20,105,100
- -----------------------------------------------------------------------------------------------------------------------------------
35 Fuel Stock Expenses Undistributed (152) 227
- -----------------------------------------------------------------------------------------------------------------------------------
36 Residuals (Elec) and Extracted Products (153) 227
- -----------------------------------------------------------------------------------------------------------------------------------
37 Plant Materials and Operating Supplies (154) 227 18,994,611 19,781,089
- -----------------------------------------------------------------------------------------------------------------------------------
38 Merchandise (155) 227
- -----------------------------------------------------------------------------------------------------------------------------------
39 Other Materials and Supplies (156) 227
- -----------------------------------------------------------------------------------------------------------------------------------
40 Nuclear Materials Held for Sale (157) 202-203/227
- -----------------------------------------------------------------------------------------------------------------------------------
41 Allowances (158.1 and 158.2) 228-229
- -----------------------------------------------------------------------------------------------------------------------------------
42 (Less) Noncurrent Portion of Allowances 228-229
- -----------------------------------------------------------------------------------------------------------------------------------
43 Stores Expense Undistributed (163) 279,296 243,878
- -----------------------------------------------------------------------------------------------------------------------------------
44 Gas Stored Underground-Current (164.1) 12,503,888 10,738,143
- -----------------------------------------------------------------------------------------------------------------------------------
45 Liquefied Natural Gas Stored and Held for Processing (164.2-164.3)
- -----------------------------------------------------------------------------------------------------------------------------------
46 Prepayments (165) 26,977,517 26,493,790
- -----------------------------------------------------------------------------------------------------------------------------------
47 Advances for Gas (166-167)
- -----------------------------------------------------------------------------------------------------------------------------------
48 Interest and Dividends Receivable (171)
- -----------------------------------------------------------------------------------------------------------------------------------
49 Rents Receivable (172)
- -----------------------------------------------------------------------------------------------------------------------------------
50 Accrued Utility Revenues (173) 38,526,941 33,758,564
- -----------------------------------------------------------------------------------------------------------------------------------
51 Miscellaneous Current and Accrued Assets (174)
- -----------------------------------------------------------------------------------------------------------------------------------
52 TOTAL Current and Accrued Assets (Enter Total of Lines 24 thru 51) 127,848,385 114,325,321
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 110
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Line Item Total Electric
No.
(a) (b) (c)
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 UTILITY PLANT
2 In Service
3 Plant in Service (Classified) 2,145,048,132 1,718,359,336
4 Property Under Capital Leases --
5 Plant Purchased or Sold --
6 Completed Construction not Classified 158,559,492 109,070,218
7 Experimental Plant unclassified --
- -----------------------------------------------------------------------------------------------------------------------------
8 TOTAL (Enter Total of lines 3 thru 7) 2,303,607,624 1,827,429,554
9 Leased to Others --
10 Held for Future Use --
11 Construction Work in Progress 56,902,770 40,659,863
12 Acquisition Adjustments --
- -----------------------------------------------------------------------------------------------------------------------------
13 TOTAL Utility Plant (Enter Total of lines 8 thru 12) 2,360,510,394 1,868,089,417
14 Accum. Prov. for Depr., Amort., & Depl. 1,160,157,045 953,829,995
- -----------------------------------------------------------------------------------------------------------------------------
15 Net Utility Plant (Enter Total of line 13 less 14) 1,200,353,349 914,259,422
=============================================================================================================================
DETAIL OF ACCUMULATED PROVISIONS FOR
16 DEPRECIATION, AMORTIZATION AND DEPLETION
17 In Service:
18 Depreciation 1,160,157,044 953,829,994
19 Amort. and Depl. of Producing Natural Gas Land and Land Rights --
20 Amort. of Underground Storage Land and Land Rights --
21 Contributions - Retired Plant --
- -----------------------------------------------------------------------------------------------------------------------------
22 TOTAL In Service (Enter Total of lines 18 thru 21) 1,160,157,044 953,829,994
23 Leased to Others
24 Depreciation --
25 Amortization and Depletion --
- -----------------------------------------------------------------------------------------------------------------------------
26 TOTAL Leased to Others (Enter Total of lines 24 and 25) --
27 Held for Future Use
28 Depreciation --
29 Amortization --
- -----------------------------------------------------------------------------------------------------------------------------
30 TOTAL Held for Future Use (Enter Total of lines 28 and 29) --
31 Abandonment of Leases (Natural Gas)
32 Amort. of Plant Acquisition Adj.
- -----------------------------------------------------------------------------------------------------------------------------
TOTAL Accumulated Provisions (Should agree with line
33 14 above) (Enter Total of lines 22, 26, 30, 31, and 32) 1,160,157,044 953,829,994
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
FERC FORM NO. 1 Page 200
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [X] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION (Continued)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Gas Other (Specify) Other (Specify) Other (Specify) Common Line
Water No.
(d) (e) (f) (g) (h)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1
2
226,604,499 19,676,378 180,407,919 3
4
5
8,206,108 2,422,844 38,860,322 6
7
- -----------------------------------------------------------------------------------------------------------------------------
234,810,607 22,099,222 219,268,241 8
9
10
5,308,886 241,071 10,692,950 11
12
- -----------------------------------------------------------------------------------------------------------------------------
240,119,493 22,340,293 229,961,191 13
107,259,078 5,688,130 93,379,842 14
- -----------------------------------------------------------------------------------------------------------------------------
132,860,415 16,652,163 136,581,349 15
=============================================================================================================================
16
17
107,259,078 5,688,130 93,379,842 18
19
20
21
- -----------------------------------------------------------------------------------------------------------------------------
107,259,078 5,688,130 93,379,842 22
23
24
25
- -----------------------------------------------------------------------------------------------------------------------------
26
27
28
29
- -----------------------------------------------------------------------------------------------------------------------------
30
31
32
- -----------------------------------------------------------------------------------------------------------------------------
107,259,078 5,688,130 93,379,842 33
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
FERC FORM NO. 1 Page 201
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr)
WISCONSIN POWER December 31, 1998
AND LIGHT COMPANY
- --------------------------------------------------------------------------------
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157)
- --------------------------------------------------------------------------------
1. Report below the costs incurred for nuclear fuel materials in process of
fabrication, on hand, in reactor, and in cooling; owned by the,
respondent.
2. If the nuclear fuel stock is obtained under leasing arrangements, attach a
statement showing the amount of nuclear fuel leased, the quantity used and
quantity on hand, and the costs incurred under such leasing arrangements.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
Line Changes During Year
Balance -------------------------
No. Description of Item Beginning of year Additions
(a) (b) (c)
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Nuclear Fuel in Process of Refinement, Conversion,
- -----------------------------------------------------------------------------------------------------------------------------
Enrichment & Fabrication (120.1)
- -----------------------------------------------------------------------------------------------------------------------------
2 Fabrication
- -----------------------------------------------------------------------------------------------------------------------------
3 Nuclear Materials
- -----------------------------------------------------------------------------------------------------------------------------
4 Allowance for Funds Used during Construction 3,220,741
- -----------------------------------------------------------------------------------------------------------------------------
5 Other Overhead Construction Costs
- -----------------------------------------------------------------------------------------------------------------------------
6 SUBTOTAL (Enter Total of lines 2 thru 5)
- -----------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel Materials and Assemblies
- -----------------------------------------------------------------------------------------------------------------------------
8 In Stock (120.2) 8,232,618 9,275,739
- -----------------------------------------------------------------------------------------------------------------------------
9 In Reactor (120.3) 22,924,494 9,273,875
- -----------------------------------------------------------------------------------------------------------------------------
10 SUBTOTAL (Enter Total of lines 8 and 9) 31,157,112
- -----------------------------------------------------------------------------------------------------------------------------
11 Spent Nuclear Fuel (120.4) 138,396,587 7,679,063
- -----------------------------------------------------------------------------------------------------------------------------
12 Nuclear Fuel Under Capital Leases (120.6)
- -----------------------------------------------------------------------------------------------------------------------------
(Less) Accum. Prov. for Amortization of
- -----------------------------------------------------------------------------------------------------------------------------
13 Nuclear Fuel Assemblies (120.5) 150,507,720
- -----------------------------------------------------------------------------------------------------------------------------
14 TOTAL Nuclear Fuel Stock (Enter Total lines 19,045,979
- -----------------------------------------------------------------------------------------------------------------------------
6, 10, 11, and 12 less line 13)
- -----------------------------------------------------------------------------------------------------------------------------
15 Estimated Net Salvage Value of Nuclear
- -----------------------------------------------------------------------------------------------------------------------------
Materials in line 9
- -----------------------------------------------------------------------------------------------------------------------------
16 Estimated Net Salvage Value of Nuclear
- -----------------------------------------------------------------------------------------------------------------------------
Materials in line 11
- -----------------------------------------------------------------------------------------------------------------------------
17 Estimated Net Salvage Value of Nuclear
- -----------------------------------------------------------------------------------------------------------------------------
Materials in Chemical Processing
- -----------------------------------------------------------------------------------------------------------------------------
18 Nuclear Materials Held for Sale (157)
- -----------------------------------------------------------------------------------------------------------------------------
19 Uranium
- -----------------------------------------------------------------------------------------------------------------------------
20 Plutonium
- -----------------------------------------------------------------------------------------------------------------------------
21 Other
- -----------------------------------------------------------------------------------------------------------------------------
22 TOTAL Nuclear Materials Held for Sale
- -----------------------------------------------------------------------------------------------------------------------------
(Enter Total of lines 19, 20, and 21)
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 202
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Changes During the Year
- --------------------------------------------------------------------------------
Other Reductions Balance
Amortization (Explain in a End of Year Line
footnote) No.
(d) (e) (f)
<S> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
1
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
2
- ------------------------------------------------------------------------------------------------------------------------------------
3
- ------------------------------------------------------------------------------------------------------------------------------------
3,220,741 4
- ------------------------------------------------------------------------------------------------------------------------------------
5
- ------------------------------------------------------------------------------------------------------------------------------------
6
- ------------------------------------------------------------------------------------------------------------------------------------
7
- ------------------------------------------------------------------------------------------------------------------------------------
13,568,506 3,939,851 8
- ------------------------------------------------------------------------------------------------------------------------------------
7,679,063 24,519,306 9
- ------------------------------------------------------------------------------------------------------------------------------------
28,459,157 10
- ------------------------------------------------------------------------------------------------------------------------------------
146,075,650 11
- ------------------------------------------------------------------------------------------------------------------------------------
12
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
(6,781,684) 1,425,972 155,863,432 13
- ------------------------------------------------------------------------------------------------------------------------------------
18,671,375 14
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
15
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
16
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
17
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
18
- ------------------------------------------------------------------------------------------------------------------------------------
19
- ------------------------------------------------------------------------------------------------------------------------------------
20
- ------------------------------------------------------------------------------------------------------------------------------------
21
- ------------------------------------------------------------------------------------------------------------------------------------
22
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
PERC FORM NO. 1 Page 203
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of electric plant in service according to
the prescribed accounts.
2. In addition to Account 101, Electric Plant in Service (Classified), this
page and the next include Account 102, Electric Plant Purchased or Sold;
Account 103, Experimental Electric Plant Unclassified; and Account 106,
Completed Construction Not Classified-Electric.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed ac counts, on an estimated
basis if necessary, and include the entries in column (c). Also to be
included in column (c) are entries for reversals of tentative distributions
of prior year reported in column (b). Likewise, if the respondent has a
significant amount of plant retirements which have not been classified to
primary accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accum- mulated depreciation provision.
Include also in column (d) reversals of tentative distributions of prior
year of unclassified retirements. Attach supplemental statement showing the
account distributions of these tentative classifications in columns (c) and
(d), including the
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Line Account Balance at Additions
No. Beginning of Year
(a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 1. INTANGIBLE PLANT
2 (301) Organization 51,050
3 (302) Franchises and Consents
4 (303) Miscellaneous Intangible Plant
------------------------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant (Total of lines 2, 3, and 4) 51,050 --
------------------------------------------------------------------------------------------------------------------------------
6 2. PRODUCTION PLANT
7 A. Steam Production Plant
8 (310) Land and Land Rights 6,168,058 80,661
9 (311) Structures and Improvements 83,334,785 93,427
10 (312) Boiler Plant Equipment 348,748,514 2,215,025
11 (313) Engines and Engine-Driven Generators
12 (314) Turbogenerator Units 88,324,216 1,806,131
13 (315) Accessory Electric Equipment 25,673,674 93,875
14 (316) Misc. Power Plant Equipment 17,050,676 (479,319)
------------------------------------------------------------------------------------------------------------------------------
15 TOTAL Steam Production Plant (Total of lines 8-14) 569,299,923 3,809,800
------------------------------------------------------------------------------------------------------------------------------
16 B. Nuclear Production Plant
17 (320) Land and Land Rights 434,159
18 (321) Structures and Improvements 19,674,395 80,919
19 (322) Reactor Plant Equipment 68,031,282 27,566
20 (323) Turbogenerator Units 20,937,456 16,357
21 (324) Accessory Electric Equipment 14,244,514 3,106
22 (325) Misc. Power Plant Equipment 5,770,166 157,460
------------------------------------------------------------------------------------------------------------------------------
23 TOTAL Nuclear Production Plant (Total of lines 17-22) 129,091,972 285,408
------------------------------------------------------------------------------------------------------------------------------
24 C. Hydraulic Production Plant
25 (330) Land and Land Rights 1,259,233
26 (331) Structures and Improvements 1,181,955
27 (332) Reservoirs, Dams, and Waterways 4,418,201
28 (333) Water Wheels, Turbines, and Generators 2,146,542
29 (334) Accessory Electric Equipment 2,137,896 10,723
30 (335) Misc. Power Plant Equipment 601,219
31 (336) Roads, Railroads, and Bridges
------------------------------------------------------------------------------------------------------------------------------
32 TOTAL Hydraulic Production Plant(Total of lines 25-31) 11,745,046 10,723
------------------------------------------------------------------------------------------------------------------------------
33 D. Other Production Plant
34 (340) Land and Land Rights 234,767
35 (341) Structures and Improvements 3,388,203 2
36 (342) Fuel Holders, Products and Accessories 4,061,623 2
37 (343) Prime Movers 44,272,631 (913,520)
38 (344) Generators 10,283,340 268,574
39 (345) Accessory Electric Equipment 8,090,736 (2)
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 204
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
reversals of the prior years tentative account distributions of these
amounts. Careful observance of the above instructions and the texts of
Accounts 101 and 106 will avoid serious omissions of the reported amount of
respondent's plant actually in service at end of year.
6. Show in column (f) reclassifications or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifica- tions.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount submit a supplementary statement showing
subaccount classification of such plant conforming to the require- ments of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Retirements Adjustments Transfers Balance at
End of Year Line
(d) (e) (f) (g) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1
51,050 (301) 2
-- (302) 3
-- (303) 4
- ------------------------------------------------------------------------------------------------------------------------------------
-- -- -- 51,050 5
- ------------------------------------------------------------------------------------------------------------------------------------
6
7
(72,412) 6,176,307 (310) 8
(267,013) 83,161,199 (311) 9
(168,012) 350,795,527 (312) 10
-- (313) 11
(134,808) 89,995,539 (314) 12
25,767,549 (315) 13
(38,077) 16,533,280 (316) 14
- ------------------------------------------------------------------------------------------------------------------------------------
(680,322) -- -- 572,429,401 15
- ------------------------------------------------------------------------------------------------------------------------------------
16
434,159 (320) 17
(3,590) 19,751,724 (321) 18
(32,929) 68,025,919 (322) 19
(8,703) 20,945,110 (323) 20
(103,534) 14,144,086 (324) 21
(21,183) 5,906,443 (325) 22
- ------------------------------------------------------------------------------------------------------------------------------------
(169,939) -- -- 129,207,441 23
- ------------------------------------------------------------------------------------------------------------------------------------
24
(24,580) 1,234,653 (330) 25
(48,190) 1,133,765 (331) 26
(164,048) 4,254,153 (332) 27
(93,298) 2,053,244 (333) 28
(314,730) 1,833,889 (334) 29
(1,646) 599,573 (335) 30
-- (336) 31
- ------------------------------------------------------------------------------------------------------------------------------------
(646,492) -- -- 11,109,277 32
- ------------------------------------------------------------------------------------------------------------------------------------
33
234,767 (340) 34
3,388,205 (341) 35
4,061,625 (342) 36
43,359,111 (343) 37
10,551,914 (344) 38
8,090,734 (345) 39
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 205
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Line Account Balance at Additions
No. Beginning of Year
(a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
40 (346) Misc. Power Plant Equipment 91,314 (1)
------------------------------------------------------------------------------------------------------------------------------
41 TOTAL Other Production Plant (Total of lines 34-40) 70,422,614 (644,945)
------------------------------------------------------------------------------------------------------------------------------
42 TOTAL Production Plant (Tot. of lines 15,23,32,and 4 780,559,555 3,460,986
------------------------------------------------------------------------------------------------------------------------------
43 3. TRANSMISSION PLANT
44 (350) Land and Land Rights 1,777,387 260,942
45 (352) Structures and Improvements 8,760,326 402,723
46 (353) Station Equipment 124,257,960 8,543,144
47 (354) Towers and Fixtures 8,160,801
48 (355) Poles and Fixtures 50,668,526 777,487
49 (356) Overhead Conductors and Devices 62,676,195 3,141,740
50 (357) Underground Conduit 10,937
51 (358) Underground Conductors and Devices 3,184,576 1,104,070
52 (359) Roads and Trails 3,012
------------------------------------------------------------------------------------------------------------------------------
53 TOTAL Transmission Plant (Total of lines 44 thru 52) 259,499,720 14,230,106
------------------------------------------------------------------------------------------------------------------------------
54 4. DISTRIBUTION PLANT
55 (360) Land and Land Rights 2,161,102 237,797
56 (361) Structures and Improvements 4,949,376 328,125
57 (362) Station Equipment 74,377,582 4,499,446
58 (363) Storage Battery Equipment
59 (364) Poles, Towers, and Fixtures 128,288,299 10,698,742
60 (365) Overhead Conductors and Devices 124,714,080 697,452
61 (366) Underground Conduit 2,309,251 546,503
62 (367) Underground Conductors and Devices 87,885,573 7,474,730
63 (368) Line Transformers 129,022,373 5,852,364
64 (369) Services 60,240,492 4,032,025
65 (370) Meters 34,505,235 1,783,347
66 (371) Installations on Customer Premises 5,087,012 4,543
67 (372) Leased Property on Customer Premises
68 (373) Street Lighting and Signal Systems 8,677,684 1,280,543
------------------------------------------------------------------------------------------------------------------------------
69 TOTAL Distribution Plant (Total of lines 55 thru 68) 662,218,059 37,435,617
------------------------------------------------------------------------------------------------------------------------------
70 5. GENERAL PLANT
71 (389) Land and Land Rights 188,454 140,121
72 (390) Structures and Improvements 5,986,363 2,096,269
73 (391) Office Furniture and Equipment 35,637,932 1,920,569
74 (392) Transportation Equipment 20,582,362 2,060,992
75 (393) Stores Equipment
76 (394) Tools, Shop and Garage Equipment 3,205,678 (374,037)
77 (395) Laboratory Equipment 5,114,644 89,751
78 (396) Power Operated Equipment 2,834,265
79 (397) Communication Equipment 2,268,158
80 (398) Miscellaneous Equipment 267,780 (65,800)
------------------------------------------------------------------------------------------------------------------------------
81 SUBTOTAL (Enter Total of lines 71 thru 80) 76,085,636 5,867,865
------------------------------------------------------------------------------------------------------------------------------
82 (399) Other Tangible Property
------------------------------------------------------------------------------------------------------------------------------
83 TOTAL General Plant (Enter Total of lines 81 and 82) 76,085,636 5,867,865
------------------------------------------------------------------------------------------------------------------------------
84 TOTAL (Accounts 101 and 106) 1,778,414,020 60,994,574
------------------------------------------------------------------------------------------------------------------------------
85 (102) Electric Plant Purchased (See Inst. 8)
86 (Less) (102) Electric Plant Sold (See Inst. 8)
87 (103) Experimental Plant Unclassified
------------------------------------------------------------------------------------------------------------------------------
88 TOTAL Electric Plant in Service (Enter Total of lines 84 thru 87) 1,778,414,020 60,994,574
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 206
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
91,313 (346) 40
- ------------------------------------------------------------------------------------------------------------------------------------
69,777,669 41
- ------------------------------------------------------------------------------------------------------------------------------------
(1,496,753) 782,523,788 42
- ------------------------------------------------------------------------------------------------------------------------------------
43
(144,744) 1,893,585 (350) 44
(2,112) 9,160,937 (352) 45
(214,526) (3,826) 132,582,752 (353) 46
(43,755) 8,117,046 (354) 47
(740,016) (23,626) 50,682,371 (355) 48
(1,264,246) (4,898) 64,548,791 (356) 49
10,937 (357) 50
4,288,646 (358) 51
3,012 (359) 52
- ------------------------------------------------------------------------------------------------------------------------------------
(2,409,399) (32,350) 271,288,077 53
- ------------------------------------------------------------------------------------------------------------------------------------
54
2,398,899 (360) 55
(3,445) 5,274,056 (361) 56
(174,809) (5,982) 78,696,237 (362) 57
(363) 58
(958,765) 23,626 138,051,902 (364) 59
1,476,511 4,898 126,892,941 (365) 60
(40,280) 2,815,474 (366) 61
(1,052,201) 94,308,102 (367) 62
(5,554,910) 129,319,827 (368) 63
(619,863) 63,652,654 (369) 64
(542,533) (11,470) 35,734,579 (370) 65
(5,000) 5,086,555 (371) 66
(372) 67
(231,061) 9,727,166 (373) 68
- ------------------------------------------------------------------------------------------------------------------------------------
(7,706,356) 11,072 691,958,392 69
- ------------------------------------------------------------------------------------------------------------------------------------
70
328,575 (389) 71
(53,341) 8,029,291 (390) 72
(143,965) 38,773 37,453,309 (391) 73
(15,087) 22,628,267 (392) 74
(393) 75
2,831,641 (394) 76
(7,386) 5,197,009 (395) 77
2,834,265 (396) 78
(164,246) 2,103,912 (397) 79
201,980 (398) 80
- ------------------------------------------------------------------------------------------------------------------------------------
(384,025) 38,773 81,608,249 81
- ------------------------------------------------------------------------------------------------------------------------------------
(399) 82
- ------------------------------------------------------------------------------------------------------------------------------------
(384,025) 38,773 81,608,249 83
- ------------------------------------------------------------------------------------------------------------------------------------
(11,996,533) 17,495 1,827,429,556 84
- ------------------------------------------------------------------------------------------------------------------------------------
(102) 85
86
(103) 87
- ------------------------------------------------------------------------------------------------------------------------------------
(11,996,533) 17,495 1,827,429,556 88
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 207
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
ACCUMULATED PROVISION FOR DEPRECIATION OF ELECTRIC UTILITY PLANT (Account 108)
- --------------------------------------------------------------------------------
1. Explain in a footnote any important adjustments during year.
2. Explain in a footnote any difference between the amount for book cost of
plant retired, line 11, column (c), and that reported for electric plant in
service, pages 204-207, column (d), excluding retirements of
non-depreciable property.
3. The provisions of Account 108 in the Uniform System of Accounts require
that retirements of depreciable plant be recorded when such plant is
removed from service. If the respondent has a significant amount of plant
retired at year end which has not been recorded and/or classified to the
various reserve functional classifications, make preliminary closing
entries to tentatively functionalize the book cost of the plant retired. In
addition, include all costs included in retirement work in progress at year
end in the appropriate functional classifications. 4. Show separately
interest credits under a sinking fund or similar method of depreciation
accounting.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Section A. Balances and Changes During Year
- ------------------------------------------------------------------------------------------------------------------------------------
Line Total Electric Plant Electric Plant Held Electric Plant
No. Item (c + d + e) in Service for Future Use Leased to Others
(a) (b) (c) (d) (e)
<S> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 Balance Beginning of Year 877,208,689 877,208,689
- ------------------------------------------------------------------------------------------------------------------------------------
2 Depreciation Provisions for Year,
Charged to:
3 (403) Depreciation Expense 86,420,068 86,420,068
4 (413) Exp. of Elec. Plt. Leas. to Others
5 Transportation Expenses-Clearing 1,621,262 1,621,262
6 Other Clearing Accounts
7 Other Accounts (Specify):
8
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL Deprec. Prov. for Year
9 (Enter Total of lines 3 thru 8) 88,041,330 88,041,330
- ------------------------------------------------------------------------------------------------------------------------------------
10 Net Charges for Plant Retired:
11 Book Cost of Plant Retired (11,801,496) (11,801,496)
12 Cost of Removal (2,719,018) (2,719,018)
13 Salvage (Credit) 3,233,782 3,233,782
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL Net Chrgs. for Plant Ret.
14 (Enter Total of lines 11 thru 13) (11,286,732) (11,286,732)
- ------------------------------------------------------------------------------------------------------------------------------------
15 Other Debit or Cr. Items (Describe):
16 Net adjustments to Other Functions/Companies (133,293) (133,293)
- ------------------------------------------------------------------------------------------------------------------------------------
17 Balance End of Year (Enter
Total of lines 1, 9, 14, 15, and 16) 953,829,994 953,829,994
- ------------------------------------------------------------------------------------------------------------------------------------
Section B. Balances at End of Year According to Functional Classifications
- ------------------------------------------------------------------------------------------------------------------------------------
18 Steam Production 309,618,282 309,618,282
19 Nuclear Production 239,356,562 239,356,562
20 Hydraulic Production - Conventional 7,238,815 7,238,815
21 Hydraulic Production - Pumped Storage
22 Other Production 25,230,634 25,230,634
23 Transmission 111,683,999 111,683,999
24 Distribution 221,230,198 221,230,198
25 General 39,471,504 39,471,504
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL (Enter Total of lines 18
26 thru 25) 953,829,994 953,829,994
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 219 Next Page is 221
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
NONUTILITY PROPERTY (Account 121)
- --------------------------------------------------------------------------------
1. Give a brief description and state the location of nonutility property
included in Account 121.
2. Designate with an asterisk any property which is leased to another company.
State name of lessee and whether lessee is an associated company.
3. Furnish particulars (details) concerning sales, purchases, or transfers of
Nonutility Property during the year.
4. List separately all property previously devoted to public service and give
date of transfer to Account 121, Nonutility Property.
5. Minor items (5% of the Balance at the End of the Year for Account 121 or
$100,000, whichever is less) may be grouped by (1) previously devoted to public
service (line 44), or (2) other nonutility property (line 45).
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Line Description and Location Balance at Purch., Sales, Balance at
No. Beg. of Year Transfers, etc. End of Year
(a) (b) (c) (d)
<S> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1 Abandoned Railroad Right-of-way - Ripon 43,200 43,200
2
3 Land - Waugh Farm - 1981 217,332 217,332
4
5 Service & Repair Inventory 344,603 344,603
6 Other - Service & Repair Inventory (36,884) (13,874)A (50,758)
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34 Note A: Represents stock material taken from inventory to be used on projects.
35 Note B: Retirement of Ripon Land ($3,076)
36 Transfer Reac Land to Nonutility 3,167
37 Special Assessments 258
38 Retirement of Muscoda Dam Site (210)
39
40 Subtotal 139
41
42
43
44 Minor Items Previously Devoted to Public Service
45 Minor Items - Other Nonutility Property 119,149 139 B 119,288
- ------------------------------------------------------------------------------------------------------------------------------------
46 TOTAL 687,400 (13,735) 673,665
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 221
<PAGE>
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1)
1. Report below investments in Account 123.1, Investments in Subsidiary
Companies.
2. Provide a subheading for each company and list thereunder the information
called for below. Subtotal by company and give a total in columns (e), (f),
(g) and (h). (a) Investment in Securities - List and describe each security
owned. For bonds give also principal amount, date of issue, maturity, and
interest rate. (b) Investment Advances - Report separately the amounts of
loans or investment advances which are subject to repayment, but which are
not subject to current settlement. With respect to each advance show
whether the advance is a note or open account. List each note giving date
of issuance, maturity date, and specifying whether note is a renewal.
3. Report separately the equity in undistributed subsidiary earnings since
acquisition. The total in column (e) should equal the amount entered for
Account 418.1. (b) Investment Advances - Report separately the
<TABLE>
<CAPTION>
Amount of
Line Description of Investment Date Date of Investment at
No. Acquired Maturity Beginning of Year
(a) (b) (c) (d)
<S> <C>
1 South Beloit Water, Gas and Electric Company (a) 2,440,000
2 (b) 2,378,880
3 SUBTOTAL 4,818,880
4
5 REAC, Inc. (a) 365,866
6 (b) (799,123)
7 SUBTOTAL (433,257)
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29 a = Original cost and net paid in capital
30 b = Equity earnings since acquisition
31
32
33
34 (1) Public Service Commission of Wisconsin Docket 6690-AU-2 dated February 17, 1976.
35 (2) Includes $1,823,217 dividend to parent company.
36 and are recorded in account 120.1 and not 418.1.
37 (3) Public Service Commission of Wisconsin Docket 2-U-7704 dated April 19, 1973.
38 (4) REAC was dissolved on June 30, 1998.
39
40
41
42 Total Cost of Account 123.1 = $2,440,000
TOTAL 4,385,623
</TABLE>
FERC FORM NO. 1 Page 224
<PAGE>
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1) (Continued)
4. For any securities, notes, or accounts that were pledged, designate such
securities, notes, or accounts in a footnote, and state the name of pledgee
and purpose of the pledge.
5. If Commission approval was required for any advance made or security
acquired, designate such fact in a footnote and give name of Commission,
date of authorization, and case or docket number.
6. Report column (f) interest and dividend revenues from investments,
including such revenues from securities disposed of during the year.
7. In column (h) report for each investment disposed of during the year, the
gain or loss represented by the difference between cost of the investment
(or the other amount at which carried in the books of account if different
from cost) and the selling price thereof, not including interest adjustment
includible in column (f).
8. Report on Line 42, column (a) the total cost of Account 123.1.
<TABLE>
<CAPTION>
Equity in Amount of Gain or Loss
Subsidiary Revenues Investment at from Investment
Earnings for Year for Year End of Year Disposed of Line
(e) (f) (g) (h) No.
<S> <C> <C> <C>
(a) 2,440,000 1
(318,548) (2) (b) 2,060,332 2
(318,548) 4,500,332 3
4
(a) 0 5
433,258 (4) (b) 0 6
433,258 0 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
114,710 4,500,332
</TABLE>
FERC FORM NO. 1 Page 225
<PAGE>
WISCONSIN POWER AND LIGHT COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2)
- --------------------------------------------------------------------------------
1. Report below the particulars (details) called for concerning allowances.
2. Report all acquisitions of allowances at cost.
3. Report allowances in accordance with a weighted average cost allocation
method and other accounting as prescribed by General Instruction No. 21 in
the Uniform System of Accounts.
4. Report the allowances transactions by the period they are first eligible
for use: the current year's allowances in columns (b)-(c), allowances for
the three succeeding years in columns (d)-(i), starting with the following
year, and allowances for the remaining succeeding years in columns (j)-(k).
5. Report on line 4 the Environmental Protection Agency (EPA) issued
allowances. Report withheld portions on lines 36-40.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Allowance Inventory Current Year 1999
Line (Account 158.1) No. Amt. No. Amt.
No. (a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Balance-Beginning of Year 42,668 42,669
- ------------------------------------------------------------------------------------------------------------------------------------
2
3 Acquired During Year:
4 Issued (less Withheld Allow.)
- ------------------------------------------------------------------------------------------------------------------------------------
5 Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------------
6
7 Purchases/Transfers:
8
- ------------------------------------------------------------------------------------------------------------------------------------
9
- ------------------------------------------------------------------------------------------------------------------------------------
10 1998 46,085
- ------------------------------------------------------------------------------------------------------------------------------------
11
- ------------------------------------------------------------------------------------------------------------------------------------
12
- ------------------------------------------------------------------------------------------------------------------------------------
13
- ------------------------------------------------------------------------------------------------------------------------------------
14
- ------------------------------------------------------------------------------------------------------------------------------------
15 Total 46,085
- ------------------------------------------------------------------------------------------------------------------------------------
16
17 Relinquished During Year:
18 Charges to Account 509 22,099
- ------------------------------------------------------------------------------------------------------------------------------------
19
- ------------------------------------------------------------------------------------------------------------------------------------
20
- ------------------------------------------------------------------------------------------------------------------------------------
21 Cost of Sales/Transfers:
22
- ------------------------------------------------------------------------------------------------------------------------------------
23
- ------------------------------------------------------------------------------------------------------------------------------------
24
- ------------------------------------------------------------------------------------------------------------------------------------
25
- ------------------------------------------------------------------------------------------------------------------------------------
26
- ------------------------------------------------------------------------------------------------------------------------------------
27
- ------------------------------------------------------------------------------------------------------------------------------------
28 Total
- ------------------------------------------------------------------------------------------------------------------------------------
29 Balance-End of Year 66,654 42,669
- ------------------------------------------------------------------------------------------------------------------------------------
30
31 Sales:
32 Net Sales Proceeds (Assoc. Co.)
- ------------------------------------------------------------------------------------------------------------------------------------
33 Net Sales Proceeds (Other)
- ------------------------------------------------------------------------------------------------------------------------------------
34 Gains
- ------------------------------------------------------------------------------------------------------------------------------------
35 Losses
- ------------------------------------------------------------------------------------------------------------------------------------
Allowances Withheld
(Account 158.2)
- ------------------------------------------------------------------------------------------------------------------------------------
36 Balance-Beginning of Year 777 777
- ------------------------------------------------------------------------------------------------------------------------------------
37 Add: Withheld by EPA
- ------------------------------------------------------------------------------------------------------------------------------------
38 Deduct: Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------------
39 Cost of Sales 777
- ------------------------------------------------------------------------------------------------------------------------------------
40 Balance-End of Year 777
- ------------------------------------------------------------------------------------------------------------------------------------
41
42 Sales:
43 Net Sales Proceeds (Assoc. Co.) 777 90,840
- ------------------------------------------------------------------------------------------------------------------------------------
44 Net Sales Proceeds (Other)
- ------------------------------------------------------------------------------------------------------------------------------------
45 Gains
- ------------------------------------------------------------------------------------------------------------------------------------
46 Losses
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 228
<PAGE>
WISCONSIN POWER AND LIGHT COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2) (Continued)
- --------------------------------------------------------------------------------
6. Report on line 5 allowances returned by the EPA. Report on line 39 the
EPA's sales of the withheld allowances. Report on lines 43-46 the net sales
proceeds and gains/losses resulting from the EPA's sales or auction of the
withheld allowances.
7. Report on lines 8-14 the names of vendors/transferors of allowances
acquired and identify associated companies (See "associated company" under
"Definitions" in the Uniform System of Accounts).
8. Report on lines 22-27 the names of purchasers/transferees of allowances
disposed of and identify associated companies.
9. Report the net costs and benefits of hedging transactions on a separate
line under purchases/transfers and sales/transfers.
10. Report on lines 32-35 & 43-47 the net sales proceeds and gains or losses
from allowance sales.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
2000 2001 Future Years Totals
- ------------------------------------------------------------------------------------------------------------------------
No. Amt. No. Amt. No. Amt. No. Amt. Line
(f) (g) (h) (i) (j) (k) (l) (m) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
38,501 38,499 950,291 1,112,628 1
- ------------------------------------------------------------------------------------------------------------------------------------
2
3
338 337 42,196 42,871 4
- ------------------------------------------------------------------------------------------------------------------------------------
5
- ------------------------------------------------------------------------------------------------------------------------------------
6
7
8
- ------------------------------------------------------------------------------------------------------------------------------------
9
- ------------------------------------------------------------------------------------------------------------------------------------
46,085 10
- ------------------------------------------------------------------------------------------------------------------------------------
11
- ------------------------------------------------------------------------------------------------------------------------------------
12
- ------------------------------------------------------------------------------------------------------------------------------------
13
- ------------------------------------------------------------------------------------------------------------------------------------
14
- ------------------------------------------------------------------------------------------------------------------------------------
38,839 38,836 992,487 46,085 15
- ------------------------------------------------------------------------------------------------------------------------------------
16
17
22,099 18
- ------------------------------------------------------------------------------------------------------------------------------------
19
- ------------------------------------------------------------------------------------------------------------------------------------
20
- ------------------------------------------------------------------------------------------------------------------------------------
21
22
- ------------------------------------------------------------------------------------------------------------------------------------
23
- ------------------------------------------------------------------------------------------------------------------------------------
24
- ------------------------------------------------------------------------------------------------------------------------------------
25
- ------------------------------------------------------------------------------------------------------------------------------------
26
- ------------------------------------------------------------------------------------------------------------------------------------
27
- ------------------------------------------------------------------------------------------------------------------------------------
28
- ------------------------------------------------------------------------------------------------------------------------------------
38,839 38,836 992,487 1,179,485 29
- ------------------------------------------------------------------------------------------------------------------------------------
30
31
32
- ------------------------------------------------------------------------------------------------------------------------------------
33
- ------------------------------------------------------------------------------------------------------------------------------------
34
- ------------------------------------------------------------------------------------------------------------------------------------
35
- ------------------------------------------------------------------------------------------------------------------------------------
525 525 25,707 28,311 36
- ------------------------------------------------------------------------------------------------------------------------------------
1,050 1,050 37
- ------------------------------------------------------------------------------------------------------------------------------------
38
- ------------------------------------------------------------------------------------------------------------------------------------
1,050 1,827 39
- ------------------------------------------------------------------------------------------------------------------------------------
525 525 25,707 27,534 40
- ------------------------------------------------------------------------------------------------------------------------------------
41
42
1,050 58,296 1,827 149,136 43
- ------------------------------------------------------------------------------------------------------------------------------------
44
- ------------------------------------------------------------------------------------------------------------------------------------
45
- ------------------------------------------------------------------------------------------------------------------------------------
46
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 229
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of gas plant in service according to the
prescribed accounts.
2. In addition to Account 101, Gas Plant in Service (Classified), this page
and the next include Account 102, Gas Plant Purchased or Sold; Account 103,
Completed Construction Not Classified - Gas.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts on an estimated basis
if necessary, and include the entries in column (c). Also to be included in
column (c) are entries for reversals of tentative distributions of prior
year reported in column (b). Likewise, if the respondent has a significant
amount of plant retirements which have not been classified to primary
accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accumulative depreciation provision.
Include also in column (d) reversals of tentative distributions or prior
year of unclassified retirements. Attach supplemental statement showing the
account distributions of these tentative classifications in columns (c) and
(d), including the reversals of the prior
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 1. Intagible Plant
2 301 Organization 9,841
3 302 Franchises and Consents --
4 303 Miscellaneous Intangible Plant --
-----------------------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant 9,841 --
-----------------------------------------------------------------------------------------------------------------------------
6 2. Production Plant
7 Natural Gas Production and Gathering Plant
8 325.1 Producing Lands --
9 325.2 Producing Leaseholds --
10 325.3 Gas Rights --
11 325.4 Rights-of-Ways --
12 325.5 Other Land and Land Rights (304) 31,702
13 326 Gas Well Structures --
14 327 Field Compressor Station Structures --
15 328 Field Meas. and Reg. Sta. Structures --
16 329 Other Structures (305) 54,201
17 330 Producing Gas Wells-Well Construction --
18 331 Producing Gas Wells-Well Equipment --
19 332 Field Lines --
20 333 Field Compressor Station Equipment --
21 334 Field Meas. and Reg. Sta. Equipment --
22 335 Drilling and Cleaning Equipment --
23 336 Purification Equipment --
24 337 Other Equipment (320) --
25 338 Unsuccessful Exploration & Devel. Costs --
-----------------------------------------------------------------------------------------------------------------------------
26 TOTAL Production and Gathering Plant 85,903 --
-----------------------------------------------------------------------------------------------------------------------------
27 Products Extraction Plant
28 340 Land and Land Rights --
29 341 Structures and Improvements --
30 342 Extraction and Refining Equipment --
31 343 Pipe Lines --
32 344 Extracted Products Storage Equipment --
33 345 Compressor Equipment --
34 346 Gas Meas. and Reg. Equipment --
35 347 Other Equipment (311) 2,253
-----------------------------------------------------------------------------------------------------------------------------
36 TOTAL Products Extraction Plant 2,253 --
-----------------------------------------------------------------------------------------------------------------------------
37 TOTAL Nat. Gas Production Plant 88,156 --
-----------------------------------------------------------------------------------------------------------------------------
38 Mfd. Gas Prod. Plant (Submit Suppl. Statement) --
-----------------------------------------------------------------------------------------------------------------------------
39 TOTAL Production Plant 88,156 --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 204
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
years tentative account distributions of these amounts. Careful observance
of the above instructions and the texts of Accounts 101 and 106 will avoid
serious omissions of the reported amount of respondent's plant actually in
service at end of year.
6. Show in column (f) reclassifications or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount, submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1
9,841 301 2
-- 302 3
-- 303 4
- ------------------------------------------------------------------------------------------------------------------------------------
0 0 0 9841 5
- ------------------------------------------------------------------------------------------------------------------------------------
6
7
-- 325.1 8
-- 325.2 9
-- 325.3 10
-- 325.4 11
31,702 325.5 12
-- 326 13
-- 327 14
-- 328 15
54,201 329 16
-- 330 17
-- 331 18
-- 332 19
-- 333 20
-- 334 21
-- 335 22
-- 336 23
-- 337 24
-- 338 25
- ------------------------------------------------------------------------------------------------------------------------------------
-- -- -- 85,903 26
- ------------------------------------------------------------------------------------------------------------------------------------
27
-- 340 28
-- 341 29
-- 342 30
-- 343 31
-- 344 32
-- 345 33
-- 346 34
2,253 347 35
- ------------------------------------------------------------------------------------------------------------------------------------
-- -- -- 2,253 36
- ------------------------------------------------------------------------------------------------------------------------------------
-- -- -- 88,156 37
- ------------------------------------------------------------------------------------------------------------------------------------
38
- ------------------------------------------------------------------------------------------------------------------------------------
-- -- -- 88,156 39
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 205
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
40 3. Natural Gas Storage and Processing Plant
41 Underground Storage Plant
42 350.1 Land --
43 350.2 Rights-of-Way --
44 351 Structures and Improvements --
45 352 Wells --
46 352.1 Storage Leaseholds and Rights --
47 352.2 Reservoirs --
48 352.3 Non-recoverable Natural Gas --
49 353 Lines --
50 354 Compressor Station Equipment --
51 355 Measuring and Reg. Equipment --
52 356 Purification Equipment --
53 357 Other Equipment --
------------------------------------------------------------------------------------------------------------------------------
54 TOTAL Underground Storage Plant -- --
------------------------------------------------------------------------------------------------------------------------------
55 Other Storage Plant
56 360 Land and Land Rights --
57 361 Structures and Improvements --
58 362 Gas Holders --
59 363 Purification Equipment --
60 363.1 Liquifaction Equipment --
61 363.2 Vaporizing Equipment --
62 363.3 Compressor Equipment --
63 363.4 Meas. and Reg. Equipment --
64 363.5 Other Equipment --
------------------------------------------------------------------------------------------------------------------------------
65 TOTAL Other Storage Plant -- --
------------------------------------------------------------------------------------------------------------------------------
66 Base Load Liquified Natural Gas Terminating
67 and Processing Plant
68 364.1 Land and Land Rights --
69 364.2 Structures and Improvements --
70 364.3 LNG Processing Terminal Equipment --
71 364.4 LNG Transportation Equipment --
72 364.5 Measuring and Regulating Equipment --
73 364.6 Compressor Station Equipment --
74 364.7 Communications Equipment --
75 364.8 Other Equipment --
------------------------------------------------------------------------------------------------------------------------------
76 TOTAL Base Load Liquified Natural Gas
------------------------------------------------------------------------------------------------------------------------------
77 Terminating and Processing Plant -- --
------------------------------------------------------------------------------------------------------------------------------
78 TOTAL Nat. Gas Storage and Proc. Plant -- --
------------------------------------------------------------------------------------------------------------------------------
79 4. Transmission Plant
80 365.1 Land and Land Rights --
81 365.2 Rights-of-Way --
82 366 Structures and Improvements --
83 367 Mains --
84 368 Compressor Station Equipment --
85 369 Measuring and Reg. Sta. Equipment --
86 370 Communication Equipment --
87 371 Other Equipment --
------------------------------------------------------------------------------------------------------------------------------
88 TOTAL Transmission Plant -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 206
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
40
41
-- 350.1 42
-- 350.2 43
-- 351 44
-- 352 45
-- 352.1 46
-- 352.2 47
-- 352.3 48
-- 353 49
-- 354 50
-- 355 51
-- 356 52
-- 357 53
- ---------------------------------------------------------------------------------------------------------------
-- -- -- -- 54
- ---------------------------------------------------------------------------------------------------------------
55
-- 360 56
-- 361 57
-- 362 58
-- 363 59
-- 363.1 60
-- 363.2 61
-- 363.3 62
-- 325.4 63
-- 325.5 64
- ---------------------------------------------------------------------------------------------------------------
-- -- -- -- 65
- ---------------------------------------------------------------------------------------------------------------
66
67
-- 364.1 68
-- 364.2 69
-- 364.3 70
-- 364.4 71
-- 364.5 72
-- 364.6 73
-- 364.7 74
-- 364.8 75
- ---------------------------------------------------------------------------------------------------------------
76
- ---------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------
-- -- -- -- 77
- ---------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------
-- -- -- -- 78
- ---------------------------------------------------------------------------------------------------------------
79
-- 365.1 80
-- 365.2 81
-- 366 82
-- 367 83
-- 368 84
-- 369 85
-- 370 86
-- 371 87
- ---------------------------------------------------------------------------------------------------------------
-- -- -- -- 88
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 207
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
89 5. Distribution Plant
90 374 Land and Land Rights 40,219
91 375 Structures and Improvements 918,171
92 376 Mains 105,144,776 2,196,001
93 377 Compressor Station Equipment --
94 378 Meas. and Reg. Sta. Equip.-General 3,206,404 51,609
95 379 Meas. and Reg. Sta. Equip.-City Gate 3,000,730 327,564
96 380 Services 66,888,460 2,156,257
97 381 Meters 19,424,645 799,272
98 382 Meter Installations 18,965,442 1,298,394
99 383 House Regulators 4,231,617 220,883
100 384 House Reg. Installations --
101 385 Industrial Meas. and Reg. Sta. Equipment --
102 386 Other Prop. on Customers' Premises --
103 387 Other Equipment --
------------------------------------------------------------------------------------------------------------------------------
104 TOTAL Distribution Plant 221,820,464 7,049,980
------------------------------------------------------------------------------------------------------------------------------
105 6. General Plant
106 389 Land and Land Rights --
107 390 Structures and Improvements --
108 391 Office Furniture and Equipment 594,126 6,595
109 392 Transportation Equipment 920,469
110 393 Stores Equipment --
111 394 Tools, Shop, and Garage Equipment 1,583,569 87,877
112 395 Laboratory Equipment 721,447 104,916
113 396 Power Operated Equipment 1,124,492
114 397 Communication Equipment 1,738,635
115 398 Miscellaneous Equipment --
------------------------------------------------------------------------------------------------------------------------------
116 Subtotal 6,682,738 199,388
------------------------------------------------------------------------------------------------------------------------------
117 399 Other Tangible Property --
------------------------------------------------------------------------------------------------------------------------------
118 TOTAL General Plant 6,682,738 199,388
------------------------------------------------------------------------------------------------------------------------------
119 TOTAL (Accounts 101 and 106) 228,601,199 7,249,368
------------------------------------------------------------------------------------------------------------------------------
120 Gas Plant Purchased (See Instr.8) (Account 102) --
------------------------------------------------------------------------------------------------------------------------------
121 (Less) Gas Plant Sold (See Instr. 8) (Account 102) --
------------------------------------------------------------------------------------------------------------------------------
122 Experimental Gas Plant Unclassified (Account 103) --
------------------------------------------------------------------------------------------------------------------------------
123 TOTAL Gas Plant in Service 228,601,199 7,249,368
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 208
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
WISCONSIN POWER (2) [ ] A Resubmission Dec. 31, 1998
& LIGHT COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
89
40,219 374 90
918,171 375 91
(258,683) 5,714 107,087,808 376 92
-- 377 93
(22,586) 3,235,427 378 94
3,328,294 379 95
(382,897) (5,714) 68,656,106 380 96
(180,966) (39,313) 20,003,638 381 97
(133,537) 20,130,299 382 98
(21,933) 4,430,567 383 99
-- 384 100
-- 385 101
-- 386 102
-- 387 103
- -------------------------------------------------------------------------------------------------------------------
(1,000,602) -- (39,313) 227,830,529 104
- -------------------------------------------------------------------------------------------------------------------
105
-- 389 106
-- 390 107
600,721 391 108
920,469 392 109
-- 393 110
(1) 1,671,445 394 111
(44) 826,319 395 112
1,124,492 396 113
1,738,635 397 114
-- 398 115
- -------------------------------------------------------------------------------------------------------------------
(45) -- -- 6,882,081 116
- -------------------------------------------------------------------------------------------------------------------
-- 399 117
- -------------------------------------------------------------------------------------------------------------------
(45) -- -- 6,882,081 118
- -------------------------------------------------------------------------------------------------------------------
(1,000,647) -- (39,313) 234,810,607 119
- -------------------------------------------------------------------------------------------------------------------
-- 120
- -------------------------------------------------------------------------------------------------------------------
-- 121
- -------------------------------------------------------------------------------------------------------------------
-- 122
- -------------------------------------------------------------------------------------------------------------------
(1,000,647) -- (39,313) 234,810,607 123
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 209
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
G-12 Utility No. 6680 Year ended December 31, 1998 Form AGP Copy 1 Page G-12 1
2
ACCUM. PROVISION FOR DEPREC. OF GAS PLANT IN SERVICE (108) 3
4
- ------------------------------------------------------------------------------------------------------------------------------
S.L. Accruals during year 5
----------------------------
Dpr. 6
Primary plant accounts Balance first rate % Straight Additional Book cost of 7
of year used line amount amount plant retired 8
(a) (b) (c) (d) (e) (f) 9
- ------------------------------------------------------------------------------------------------------------------------------
10
PRODUCTION AND STORAGE 11
ACCOUNTS 12
(List each applicable account.) 13
- ----------------------------------------
14
Structures (305) 44,473 4.20% 2,276 15
Petroleum Gas Equipment (311) 56,723 3.85% 16
Other Production Plant (320) 2,829 5.88% 17
18
19
20
21
22
23
24
25
26
27
28
TRANSMISSION PLANT 29
Structures and improvements (366) 0 0 30
Mains (367) 0 0 31
Compressor station equipment (368) 0 0 32
Measur. & reg. station equip. (369) 0 0 33
Communication equipment (370) 0 0 34
Other equipment (371) 0 0 35
DISTRIBUTION PLANT 36
Structures & improvements (375) 290,253 3.55% 32,595 37
Mains (376.0) 31,102,817 2.60% 1,486,809 470,125 38
Mains - Plastic (376.1) 12,096,631 2.78% 1,360,290 (211,442) 39
Compressor station equip. (377) 0 40
Meas.& reg. st. eq.-General (378) 971,837 4.41% 142,042 22,586 41
Meas.& reg. st. eq.-City gate (379) 1,294,588 3.89% 123,100 0 42
Services (380.0) 13,943,645 4.12% 632,406 330,396 43
Services - Plastic (380.1) 23,199,379 4.15% 2,175,539 52,501 44
Meters (381) 7,495,539 6.67% 1,314,933 180,966 45
Meter installations (382) 5,274,405 4.38% 856,197 133,537 46
House regulators (383) 1,096,438 3.57% 154,620 21,933 47
House reg. installations (384) 0 48
Ind. meas. & reg. sta. equip. (385) 0 49
Other prop. on cust. premises (386) 0 50
Other equipment (387) 0 51
GENERAL PLANT 52
Structures & improvements (390) 0 53
Office furniture & equip. (391) 59,412 Note 3 104,531 54
Transportation equipment (392) 634,554 2.83% 62,892 55
Stores equipment (393) 0 56
Tools, shop & garage equip. (394) 486,163 Note 1 108,555 1 57
Laboratory equipment (395) 274,401 6.67% 51,618 44 58
Power operated equipment (396) 485,965 Note 2 49,127 0 59
Communication equipment (397) 688,333 10.00% 173,863 60
Subtotal Total 99,498,386 8,831,395 0 1,000,648 61
62
63
- ------------------------------------------------------------------------------------------------------------------------------
Total 99,498,386 8,831,395 0 1,000,648 64
- ------------------------------------------------------------------------------------------------------------------------------
65
66
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
G-13 Utility No. 6680 Year ended December 31, 1998 Form AGP Copy 1 Page G-13 1
2
ACCUM. PROVISION FOR DEPREC. OF GAS PLANT IN SERVICE (cont.) 3
4
- -------------------------------------------------------------------------------------------------------------------------------
5
Other 6
Cost of Salvage additions Balance end 7
removal (deductions) of year 8
(g) (h) (i) (j) (k) (l) 9
- -------------------------------------------------------------------------------------------------------------------------------
10
Total deprec. expense 11
(cols. (d) and (e)) 8,831,395 12
13
Less amounts charged to 14
46,749 clearing accounts (112,020) 15
56,723 16
2,829 0 17
18
Plus allocation of depr. 19
on common plant 3,639,318 20
-----------
21
Total gas depr. expense 12,358,693 22
-----------
23
Total balance (col (j)) 107,259,078 24
25
Plus alloc. of reserve 26
on common plant 14,016,314 27
-----------
28
Total deprec. reserve 29
0 for gas utility 121,275,393 30
-------------------------- -----------
0 31
0 Explanation of items in col. (i) 32
0 Transfer of accumulated depreciation applic- 33
0 able to equipment transferred between accounts 34
0 and between Wisconsin Power & Light Co. and 35
its subsidiary, South Beloit Water Gas & 36
322,848 Electric Co. 37
72,877 161,541 (1,153) 32,207,012 38
36,559 21,007 (667) 13,652,145 39
0 40
(989) 785 0 1,093,067 41
1,417,688 42
54,225 (30,145) 1,153 14,162,438 43
35,406 4,317 667 25,291,995 44
974 (15,170) 8,615,310 Note 1.- The certified rate for Account 394.01 45
2,809 (12,691) 5,981,564 is 2.71%. 46
452 1,229,576 47
0 Note 2.- No certified rate. Each type of 48
0 equipment carries its own rate. 49
0 50
0 Note 3 - Composed of two rates; 20% for 51
computer hardware & 16.67% for software 52
0 53
163,943 54
697,446 55
0 56
594,717 57
237 0 0 325,738 58
0 0 0 535,092 59
862,196 60
201,124 146,239 (15,170) 107,259,078 61
62
63
- -------------------------------------------------------------------------------------------------------------------------------
201,124 146,239 (15,170) 107,259,078 64
- -------------------------------------------------------------------------------------------------------------------------------
65
66
</TABLE>
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of gas plant in service according to the
prescribed accounts.
2. In addition to Account 101, Gas Plant in Service (Classified), this page
and the next include Account 102, Gas Plant Purchased or Sold; Account 103,
Completed Construction Not Classified - Gas.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts on an estimated basis
if necessary, and include the entries in column (c). Also to be included in
column (c) are entries for reversals of tentative distributions of prior
year reported in column (b). Likewise, if the respondent has a significant
amount of plant retirements which have not been classified to primary
accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accumulative depreciation provision.
Include also in column (d) reversals of tentative distributions or prior
year of unclassified retirements. Attach supplemental statement showing the
account distributions of these tentative classifications in columns (c) and
(d), including the reversals of the prior
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 1. Intangible Plant
2 301 Organization -
3 302 Franchises and Consents -
4 303 Miscellaneous Intangible Plant -
--------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant - -
--------------------------------------------------------------------------------------------------------------
6 2. Production Plant
7 Natural Gas Production and Gathering Plant
8 325.1 Producing Lands -
9 325.2 Producing Leaseholds -
10 325.3 Gas Rights -
11 325.4 Rights-of-Ways -
12 325.5 Other Land and Land Rights (304) -
13 326 Gas Well Structures -
14 327 Field Compressor Station Structures -
15 328 Field Meas. and Reg. Sta. Structures -
16 329 Other Structures (305) -
17 330 Producing Gas Wells-Well Construction -
18 331 Producing Gas Wells-Well Equipment -
19 332 Field Lines -
20 333 Field Compressor Station Equipment -
21 334 Field Meas. and Reg. Sta. Equipment -
22 335 Drilling and Cleaning Equipment -
23 336 Purification Equipment -
24 337 Other Equipment (320) -
25 338 Unsuccessful Exploration & Devel. Costs -
--------------------------------------------------------------------------------------------------------------
26 TOTAL Production and Gathering Plant - -
--------------------------------------------------------------------------------------------------------------
27 Products Extraction Plant
28 340 Land and Land Rights -
29 341 Structures and Improvements -
30 342 Extraction and Refining Equipment -
31 343 Pipe Lines -
32 344 Extracted Products Storage Equipment -
33 345 Compressor Equipment -
34 346 Gas Meas. and Reg. Equipment -
35 347 Other Equipment (311) -
--------------------------------------------------------------------------------------------------------------
36 TOTAL Products Extraction Plant - -
--------------------------------------------------------------------------------------------------------------
37 TOTAL Nat. Gas Production Plant - -
--------------------------------------------------------------------------------------------------------------
38 Mfd. Gas Prod. Plant (Submit Suppl. Statement) -
--------------------------------------------------------------------------------------------------------------
39 TOTAL Production Plant - -
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 204
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
years tentative account distributions of these amounts. Careful observance
of the above instructions and the texts of Accounts 101 and 106 will avoid
serious omissions of the reported amount of respondent's plant actually in
service at end of year.
6. Show in column (f) reclassifications or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount, submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1
- 301 2
- 302 3
- 303 4
- ------------------------------------------------------------------------------------------------------------
- - - - 5
- ------------------------------------------------------------------------------------------------------------
6
7
- 325.1 8
- 325.2 9
- 325.3 10
- 325.4 11
- 325.5 12
- 326 13
- 327 14
- 328 15
- 329 16
- 330 17
- 331 18
- 332 19
- 333 20
- 334 21
- 335 22
- 336 23
- 337 24
- 338 25
- ------------------------------------------------------------------------------------------------------------
- - - - 26
- ------------------------------------------------------------------------------------------------------------
27
- 340 28
- 341 29
- 342 30
- 343 31
- 344 32
- 345 33
- 346 34
- 347 35
- ------------------------------------------------------------------------------------------------------------
- - - - 36
- ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------
- - - - 37
- ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------
38
- ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------
- - - - 39
- -----------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 205
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- --------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
40 3. Natural Gas Storage and Processing Plant
41 Underground Storage Plant
42 350.1 Land -
43 350.2 Rights-of-Way -
44 351 Structures and Improvements -
45 352 Wells -
46 352.1 Storage Leaseholds and Rights -
47 352.2 Reservoirs -
48 352.3 Non-recoverable Natural Gas -
49 353 Lines -
50 354 Compressor Station Equipment -
51 355 Measuring and Reg. Equipment -
52 356 Purification Equipment -
53 357 Other Equipment -
---------------------------------------------------------------------------------------------------------------------
54 TOTAL Underground Storage Plant - -
---------------------------------------------------------------------------------------------------------------------
55 Other Storage Plant
56 360 Land and Land Rights -
57 361 Structures and Improvements -
58 362 Gas Holders -
59 363 Purification Equipment -
60 363.1 Liquifaction Equipment -
61 363.2 Vaporizing Equipment -
62 363.3 Compressor Equipment -
63 363.4 Meas. and Reg. Equipment -
64 363.5 Other Equipment -
---------------------------------------------------------------------------------------------------------------------
65 TOTAL Other Storage Plant - -
---------------------------------------------------------------------------------------------------------------------
66 Base Load Liquified Natural Gas Terminating
67 and Processing Plant
68 364.1 Land and Land Rights -
69 364.2 Structures and Improvements -
70 364.3 LNG Processing Terminal Equipment -
71 364.4 LNG Transportation Equipment -
72 364.5 Measuring and Regulating Equipment -
73 364.6 Compressor Station Equipment -
74 364.7 Communications Equipment -
75 364.8 Other Equipment -
---------------------------------------------------------------------------------------------------------------------
76 TOTAL Base Load Liquified Natural Gas
---------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------
77 Terminating and Processing Plant - -
---------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------
78 TOTAL Nat. Gas Storage and Proc. Plant - -
---------------------------------------------------------------------------------------------------------------------
79 4. Transmission Plant
80 365.1 Land and Land Rights -
81 365.2 Rights-of-Way -
82 366 Structures and Improvements -
83 367 Mains -
84 368 Compressor Station Equipment -
85 369 Measuring and Reg. Sta. Equipment -
86 370 Communication Equipment -
87 371 Other Equipment -
---------------------------------------------------------------------------------------------------------------------
88 TOTAL Transmission Plant - -
- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 206
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
40
41
- 350.1 42
- 350.2 43
- 351 44
- 352 45
- 352.1 46
- 352.2 47
- 352.3 48
- 353 49
- 354 50
- 355 51
- 356 52
- 357 53
- ------------------------------------------------------------------------------------------------------------------------
- - - - 54
- ------------------------------------------------------------------------------------------------------------------------
55
- 360 56
- 361 57
- 362 58
- 363 59
- 363.1 60
- 363.2 61
- 363.3 62
- 325.4 63
- 325.5 64
- ------------------------------------------------------------------------------------------------------------------------
- - - - 65
- ------------------------------------------------------------------------------------------------------------------------
66
67
- 364.1 68
- 364.2 69
- 364.3 70
- 364.4 71
- 364.5 72
- 364.6 73
- 364.7 74
- 364.8 75
- ------------------------------------------------------------------------------------------------------------------------
76
- ------------------------------------------------------------------------------------------------------------------------
- - - - 77
- ------------------------------------------------------------------------------------------------------------------------
- - - - 78
- ------------------------------------------------------------------------------------------------------------------------
79
- 365.1 80
- 365.2 81
- 366 82
- 367 83
- 368 84
- 369 85
- 370 86
- 371 87
- ------------------------------------------------------------------------------------------------------------------------
- - - - 88
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 207
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
89 5. Distribution Plant
90 374 Land and Land Rights -
91 375 Structures and Improvements -
92 376 Mains 4,773,852 77,864
93 377 Compressor Station Equipment -
94 378 Meas. and Reg. Sta. Equip.-General 161,435 5,090
95 379 Meas. and Reg. Sta. Equip.-City Gate -
96 380 Services 2,701,525 284,284
97 381 Meters 703,759
98 382 Meter Installations 804,364 58,194
99 383 House Regulators 109,095
100 384 House Reg. Installations -
101 385 Industrial Meas. and Reg. Sta. Equipment -
102 386 Other Prop. on Customers' Premises -
103 387 Other Equipment -
--------------------------------------------------------------------------------------------------------------------
104 TOTAL Distribution Plant 9,254,030 425,432
--------------------------------------------------------------------------------------------------------------------
105 6. General Plant
106 389 Land and Land Rights -
107 390 Structures and Improvements -
108 391 Office Furniture and Equipment -
109 392 Transportation Equipment -
110 393 Stores Equipment -
111 394 Tools, Shop, and Garage Equipment -
112 395 Laboratory Equipment -
113 396 Power Operated Equipment -
114 397 Communication Equipment 332
115 398 Miscellaneous Equipment -
--------------------------------------------------------------------------------------------------------------------
116 Subtotal 332 -
--------------------------------------------------------------------------------------------------------------------
117 399 Other Tangible Property -
--------------------------------------------------------------------------------------------------------------------
118 TOTAL General Plant 332 -
--------------------------------------------------------------------------------------------------------------------
119 TOTAL (Accounts 101 and 106) 9,254,362 425,432
--------------------------------------------------------------------------------------------------------------------
120 Gas Plant Purchased (See Instr.8) (Account 102) -
--------------------------------------------------------------------------------------------------------------------
121 (Less) Gas Plant Sold (See Instr. 8) (Account 102) -
--------------------------------------------------------------------------------------------------------------------
122 Experimental Gas Plant Unclassified (Account 103) -
--------------------------------------------------------------------------------------------------------------------
123 TOTAL Gas Plant in Service 9,254,362 425,432
--------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 208
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1) [x] An Original (Mo, Da, Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
& ELECTRIC COMPANY
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(c) (d) (e) (f) No.
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
89
- 374 90
- 375 91
(7,976) 4,843,740 376 92
- 377 93
166,525 378 94
- 379 95
(2,880) 2,982,929 380 96
39,313 743,072 381 97
(1,389) 861,169 382 98
109,095 383 99
- 384 100
- 385 101
- 386 102
- 387 103
- ---------------------------------------------------------------------------------------------------------------------
(12,245) - 39,313 9,706,530 104
- ---------------------------------------------------------------------------------------------------------------------
105
- 389 106
- 390 107
- 391 108
- 392 109
- 393 110
- 394 111
- 395 112
- 396 113
332 397 114
- 398 115
- ---------------------------------------------------------------------------------------------------------------------
- - - 332 116
- ---------------------------------------------------------------------------------------------------------------------
- 399.0 117
- ---------------------------------------------------------------------------------------------------------------------
- - - 332 118
- ---------------------------------------------------------------------------------------------------------------------
(12,245) - 39,313 9,706,862 119
- ---------------------------------------------------------------------------------------------------------------------
- 120
- ---------------------------------------------------------------------------------------------------------------------
- 121
- ---------------------------------------------------------------------------------------------------------------------
- 122
- ---------------------------------------------------------------------------------------------------------------------
(12,245) - 39,313 9,706,862 123
- --------------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-88) Page 209
FORM 21ILCC
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent: This Report is: Date of Report Year of Report
(1) [X] An Original (Mo,Da,Yr)
SOUTH BELOIT WATER, GAS (2) [ ] A Resubmission December 31, 1998
AND ELECTRIC COMPANY
- --------------------------------------------------------------------------------
ACCUMULATED PROVISION FOR DEPRECIATION OF GAS UTILITY PLANT (Account 108)
- --------------------------------------------------------------------------------
1. Explain in a footnote any important adjustments during year.
2. Explain in a footnote any differences between the amount for book costs of
plant retired, line 11, column (s), and that reported for gas plant in
service, pages 204-209, column (d), excluding retirements of
non-depreciable property.
3. The provisions of Account 108 in the Uniform System of Accounts require
that retirements of depreciable plant be recorded when such plant is
removed form service. If the respondent has a significant amount of plant
retired at year end which has not been recorded and/or classified to the
various reserve functional classifications, make preliminary closing
entries to tentatively functionalism the book cost of the plant retired. In
addition, include all costs included in retirement work in progress at year
end in the appropriate functional classifications.
4. Show separately interest credits under a sinking fund or similar method of
depreciation accounting.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Section A. Balances and Changes During Year
- ------------------------------------------------------------------------------------------------------------------------------------
Item Total Gas Plant in Gas Plant Held Gas Plant
Line (c+d+e) Service for Future Use Leased to Others
No. (a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 Balance Beginning of Year 3,374,949 3,374,949
---------------------------------------------------------------------------------------------------------------------------------
2 Depreciation Provisions for Year, Charged to
3 (403) Depreciation Expense 343,293 343,293
4 (413) Expenses of Gas Plant Leased to Others 0
5 Transportation Expenses-Clearing 0
6 Other Clearing Accounts 0
7 Other Accounts (Specify): 0
8 Reserve on Property transferred (credit) 0 0
---------------------------------------------------------------------------------------------------------------------------------
9 TOTAL Deprec. Prov. for Year (Enter Total of lines 3 thru 8) 343,293 343,293
---------------------------------------------------------------------------------------------------------------------------------
10 Net Charges for Plant Retired:
11 Book Cost of Plant Retired (12,245) (12,245)
12 Cost of Removal (17,031) (17,031)
13 Salvage (Credit) 5,727 5,727
---------------------------------------------------------------------------------------------------------------------------------
14 TOTAL Net Chrgs. for Plant Ret. (Enter Total of lines 11 thru 13) (23,549) (23,549)
---------------------------------------------------------------------------------------------------------------------------------
15 Other Debit or Cr. Items (Describe): 15,170 15,170
16
---------------------------------------------------------------------------------------------------------------------------------
17 Balance End of Year (Enter Total of lines 1,9,14,15 and 16) 3,709,863 3,709,863
- ---------------------------------------------------------------------------------------------------------------------------------
Section B. Balances at End of Year According to Functional Classifications
- ---------------------------------------------------------------------------------------------------------------------------------
18 Production-Manufactured Gas 0
19 Production and Gathering-Natural Gas 0
20 Productions Extraction-Natural Gas 0
21 Underground Gas Storage 0
22 Other Storage Plant 0
23 Base Load LNG Terminaling and Processing Plant 0
24 Transmission 0
25 Distribution 3,709,513 3,709,513
26 General 350 350
---------------------------------------------------------------------------------------------------------------------------------
27 TOTAL (Enter Total of lines 18 thru 26) 3,709,863 3,709,863 0 0
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 (ED. 12-87) Page 219
FORM 21 ILCC
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Line Ref. Balance at Balance at
No. Title of Account Page No. Beginning of Year End of Year
(a) (b) (c) (d)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 UTILITY PLANT
- ------------------------------------------------------------------------------------------------------------------------------------
2 Utility Plant (101-106, 114) 200-201 939,916,410 959,493,193
- ------------------------------------------------------------------------------------------------------------------------------------
3 Construction Work in Progress (107) 200-201 5,275,565 13,047,483
- ------------------------------------------------------------------------------------------------------------------------------------
4 TOTAL UTILITY PLANT (Enter Total of Lines 2 and 3) 945,191,975 972,540,676
- ------------------------------------------------------------------------------------------------------------------------------------
5 (Less) Accum. Prov. for Depr. Amort. Depl. (108,111,115) 200-201 450,595,498 474,571,367
- ------------------------------------------------------------------------------------------------------------------------------------
6 Net Utility Plant (Enter Total of Line 4 Less 5) 494,596,477 497,969,309
- ------------------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel (120.1-120.4, 120.6) 202-203
- ------------------------------------------------------------------------------------------------------------------------------------
8 202-203
- ------------------------------------------------------------------------------------------------------------------------------------
9 Net Nuclear Fuel (Enter Total of Lines 7 Less 8)
- ------------------------------------------------------------------------------------------------------------------------------------
10 Net Utility Plant (Enter Total of Lines 6 and 9) 494,596,477 497,969,309
- ------------------------------------------------------------------------------------------------------------------------------------
11 Utility Plant Adjustments (116) 122
- ------------------------------------------------------------------------------------------------------------------------------------
12 Gas Stored Underground-Noncurrent (117)
- ------------------------------------------------------------------------------------------------------------------------------------
13 OTHER PROPERTY AND INVESTMENTS
- ------------------------------------------------------------------------------------------------------------------------------------
14 Nonutility Property (121) 221 22,904 22,904
- ------------------------------------------------------------------------------------------------------------------------------------
15 (Less) Accum. Prov. for Depr. and Amort. (122)
- ------------------------------------------------------------------------------------------------------------------------------------
16 Investments in Associated Companies (123)
- ------------------------------------------------------------------------------------------------------------------------------------
17 Investment in Subsidiary Companies (123.1) 224-225 1,888,275 1,915,058
- ------------------------------------------------------------------------------------------------------------------------------------
18 (For Cost of Account 123.1, See Footnote Page 224, Line 42)
- ------------------------------------------------------------------------------------------------------------------------------------
19 Noncurrent Portion of Allowances 228-229
- ------------------------------------------------------------------------------------------------------------------------------------
20 Other Investments (124) 4,493,731 6,793,745
- ------------------------------------------------------------------------------------------------------------------------------------
21 Special Funds (125-128) 100,000 100,000
- ------------------------------------------------------------------------------------------------------------------------------------
22 TOTAL Other Property and Investments (Total of Lines 14-17, 19-21) 6,504,910 8,831,707
- ------------------------------------------------------------------------------------------------------------------------------------
23 CURRENT AND ACCRUED ASSETS
- ------------------------------------------------------------------------------------------------------------------------------------
24 Cash (131) 830,075 4,428,035
- ------------------------------------------------------------------------------------------------------------------------------------
25 Special Deposits (132-134) 117,569 667,082
- ------------------------------------------------------------------------------------------------------------------------------------
26 Working Fund (135) (42,994) 1,257,781
- ------------------------------------------------------------------------------------------------------------------------------------
27 Temporary Cash Investments (136) 1,055,202
- ------------------------------------------------------------------------------------------------------------------------------------
28 Notes Receivable (141)
- ------------------------------------------------------------------------------------------------------------------------------------
29 Customer Accounts Receivable (142) 27,179,409 23,899,684
- ------------------------------------------------------------------------------------------------------------------------------------
30 Other Accounts Receivable (143) 81,585 3,084,611
- ------------------------------------------------------------------------------------------------------------------------------------
31 (Less) Accum. Prov. for Uncollectible Acct.-Credit (144) 200,000 207,492
- ------------------------------------------------------------------------------------------------------------------------------------
32 Notes Receivable from Associated Companies (145)
- ------------------------------------------------------------------------------------------------------------------------------------
33 Accounts Receivable from Assoc. Companies (146) 894,023
- ------------------------------------------------------------------------------------------------------------------------------------
34 Fuel Stock (151) 227 11,149,056 22,026,776
- ------------------------------------------------------------------------------------------------------------------------------------
35 Fuel Stock Expenses Undistributed (152) 227 70,690 145,047
- ------------------------------------------------------------------------------------------------------------------------------------
36 Residuals (Elec) and Extracted Products (153) 227
- ------------------------------------------------------------------------------------------------------------------------------------
37 Plant Materials and Operating Supplies (154) 227 6,297,126 6,365,892
- ------------------------------------------------------------------------------------------------------------------------------------
38 Merchandise (155) 227
- ------------------------------------------------------------------------------------------------------------------------------------
39 Other Materials and Supplies (156) 227
- ------------------------------------------------------------------------------------------------------------------------------------
40 Nuclear Materials Held for Sale (157) 202-203/227
- ------------------------------------------------------------------------------------------------------------------------------------
41 Allowances (158.1 and 158.2) 228-229
- ------------------------------------------------------------------------------------------------------------------------------------
42 (Less) Noncurrent Portion of Allowances 228-229
- ------------------------------------------------------------------------------------------------------------------------------------
43 Stores Expense Undistributed (163) 332,139
- ------------------------------------------------------------------------------------------------------------------------------------
44 Gas Stored Underground-Current (164.1) 2,668,346 2,991,221
- ------------------------------------------------------------------------------------------------------------------------------------
45 Liquefied Natural Gas Stored and Held for Processing (164.2-164.3)
- ------------------------------------------------------------------------------------------------------------------------------------
46 Prepayments (165) 4,317,021 (968,593)
- ------------------------------------------------------------------------------------------------------------------------------------
47 Advances for Gas (166-167)
- ------------------------------------------------------------------------------------------------------------------------------------
48 Interest and Dividends Receivable (171)
- ------------------------------------------------------------------------------------------------------------------------------------
49 Rents Receivable (172)
- ------------------------------------------------------------------------------------------------------------------------------------
50 Accrued Utility Revenues (173) 5,522,694 3,739,306
- ------------------------------------------------------------------------------------------------------------------------------------
51 Miscellaneous Current and Accrued Assets (174) 283,303 4,205,431
- ------------------------------------------------------------------------------------------------------------------------------------
52 TOTAL Current and Accrued Assets (Enter Total of Lines 24 thru 51) 59,329,082 72,860,943
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 110
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Line Item Total Electric
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 UTILITY PLANT
2 In Service
3 Plant in Service (Classified) 930,936,301 860,941,131
4 Property Under Capital Leases 89,184 89,184
5 Plant Purchased or Sold --
6 Completed Construction not Classified 24,466,105 21,252,824
7 Experimental Plant Unclassified --
- ------------------------------------------------------------------------------------------------------------------------------------
8 TOTAL (Enter Total of lines 3 thru 7) 955,491,590 882,283,139
9 Leased to Others
10 Held for Future Use 560,889 560,889
11 Construction Work in Progress 13,047,483 9,661,220
12 Acquisition Adjustments 3,440,714 3,440,714
- ------------------------------------------------------------------------------------------------------------------------------------
13 TOTAL Utility Plant (Enter Total of lines 8 thru 12) 972,540,676 895,945,962
14 Accum. Prov. for Depr., Amort., & Depl. 474,571,367 444,927,284
- ------------------------------------------------------------------------------------------------------------------------------------
15 Net Utility Plant (Enter Total of line 13 less 14) 497,969,309 451,018,678
====================================================================================================================================
DETAIL OF ACCUMULATED PROVISIONS FOR
16 DEPRECIATION, AMORTIZATION AND DEPLETION
17 In Service:
18 Depreciation 465,091,790 435,635,230
19 Amort. and Depl. of Producing Natural Gas Land and Land Rights --
20 Amort. of Underground Storage Land and Land Rights --
21 Amort of Other Utility Plant 6,038,863 5,851,340
- ------------------------------------------------------------------------------------------------------------------------------------
22 TOTAL In Service (Enter Total of lines 18 thru 21) 471,130,653 441,486,570
23 Leased to Others
24 Depreciation --
25 Amortization and Depletion --
- ------------------------------------------------------------------------------------------------------------------------------------
26 TOTAL Leased to Others (Enter Total of lines 24 and 25) -- --
27 Held for Future Use
28 Depreciation --
29 Amortization --
- ------------------------------------------------------------------------------------------------------------------------------------
30 TOTAL Held for Future Use (Enter Total of lines 28 and 29) -- --
31 Abandonment of Leases (Natural Gas)
32 Amort. of Plant Acquisition Adj. 3,440,714 3,440,714
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL Accumulated Provisions (Should agree with line
33 14 above) (Enter Total of lines 22, 26, 30, 31, and 32) 474,571,367 444,927,284
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 200
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS
FOR DEPRECIATION, AMORTIZATION AND DEPLETION (Continued)
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------
Gas Other (Specify) Other (Specify) Other (Specify) Common Line
(d) (e) (f) (g) (h) No.
- -----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1
2
69,995,170 3
4
5
2,073,093 1,140,188 6
7
- ---------------------------------------------------------------------------------
72,068,263 -- -- 1,140,188 8
9
10
470,937 2,915,326 11
12
- ---------------------------------------------------------------------------------
72,539,200 -- -- 4,055,514 13
29,565,133 78,950 14
- ---------------------------------------------------------------------------------
42,974,067 -- -- 3,976,564 15
=================================================================================
16
17
29,377,610 78,950 18
19
20
187,523 21
- ---------------------------------------------------------------------------------
29,565,133 -- -- 78,950 22
23
24
25
- ---------------------------------------------------------------------------------
-- -- -- 26
27
28
29
- ---------------------------------------------------------------------------------
-- -- -- 30
31
32
- ---------------------------------------------------------------------------------
29,565,133 -- -- 78,950 33
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 201
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157)
- --------------------------------------------------------------------------------
1. Report below the costs incurred for nuclear fuel materials in process of
fabrication, on hand, in reactor, and in cooling; owned by the,
respondent.
2. If the nuclear fuel stock is obtained under leasing arrangements, attach a
statement showing the amount of nuclear fuel leased, the quantity used and
quantity on hand, and the costs incurred under such leasing arrangements.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Changes During Year
Line Balance -------------------
No. Description of Item Beginning of year Additions
(a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 Nuclear Fuel in Process of Refinement, Conversion,
- ------------------------------------------------------------------------------------------------------------------------------------
Enrichment & Fabrication (120.1)
- ------------------------------------------------------------------------------------------------------------------------------------
2 Fabrication
- ------------------------------------------------------------------------------------------------------------------------------------
3 Nuclear Materials
- ------------------------------------------------------------------------------------------------------------------------------------
4 Allowance for Funds Used during Construction
- ------------------------------------------------------------------------------------------------------------------------------------
5 Other Overhead Construction Costs
- ------------------------------------------------------------------------------------------------------------------------------------
6 SUBTOTAL (Enter Total of lines 2 thru 5)
- ------------------------------------------------------------------------------------------------------------------------------------
7 Nuclear Fuel Materials and Assemblies
- ------------------------------------------------------------------------------------------------------------------------------------
8 In Stock (120.2)
- ------------------------------------------------------------------------------------------------------------------------------------
9 In Reactor (120.3)
- ------------------------------------------------------------------------------------------------------------------------------------
10 SUBTOTAL (Enter Total of lines 8 and 9)
- ------------------------------------------------------------------------------------------------------------------------------------
11 Spent Nuclear Fuel (120.4)
- ------------------------------------------------------------------------------------------------------------------------------------
12 Nuclear Fuel Under Capital Leases (120.6)
- ------------------------------------------------------------------------------------------------------------------------------------
(Less) Accum. Prov. for Amortization of
- ------------------------------------------------------------------------------------------------------------------------------------
13 Nuclear Fuel Assemblies (120.5)
- ------------------------------------------------------------------------------------------------------------------------------------
14 TOTAL Nuclear Fuel Stock (Enter Total lines
- ------------------------------------------------------------------------------------------------------------------------------------
6, 10, 11, and 12 less line 13)
- ------------------------------------------------------------------------------------------------------------------------------------
15 Estimated Net Salvage Value of Nuclear
- ------------------------------------------------------------------------------------------------------------------------------------
Materials in line 9
- ------------------------------------------------------------------------------------------------------------------------------------
16 Estimated Net Salvage Value of Nuclear
- ------------------------------------------------------------------------------------------------------------------------------------
Materials in line 11
- ------------------------------------------------------------------------------------------------------------------------------------
17 Estimated Net Salvage Value of Nuclear
- ------------------------------------------------------------------------------------------------------------------------------------
Materials in Chemical Processing
- ------------------------------------------------------------------------------------------------------------------------------------
18 Nuclear Materials Held for Sale (157)
- ------------------------------------------------------------------------------------------------------------------------------------
19 Uranium
- ------------------------------------------------------------------------------------------------------------------------------------
20 Plutonium
- ------------------------------------------------------------------------------------------------------------------------------------
21 Other
- ------------------------------------------------------------------------------------------------------------------------------------
22 TOTAL Nuclear Materials Held for Sale
- ------------------------------------------------------------------------------------------------------------------------------------
(Enter Total of lines 19, 20, and 21)
</TABLE>
FERC FORM NO. 1 Page 202
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Changes During the Year
- ---------------------------------------------
Other Reductions
(Explain in a Balance
Amortization footnote) End of Year Line
(d) (e) (f) No.
- ------------------------------------------------------------------------
1
- ------------------------------------------------------------------------
2
- ------------------------------------------------------------------------
3
- ------------------------------------------------------------------------
4
- ------------------------------------------------------------------------
5
- ------------------------------------------------------------------------
6
- ------------------------------------------------------------------------
7
- ------------------------------------------------------------------------
8
- ------------------------------------------------------------------------
9
- ------------------------------------------------------------------------
10
- ------------------------------------------------------------------------
11
- ------------------------------------------------------------------------
12
- ------------------------------------------------------------------------
- ------------------------------------------------------------------------
13
- ------------------------------------------------------------------------
14
- ------------------------------------------------------------------------
- ------------------------------------------------------------------------
15
- -------------------------------------------------------------------------
- -------------------------------------------------------------------------
16
- -------------------------------------------------------------------------
- -------------------------------------------------------------------------
17
- -------------------------------------------------------------------------
- -------------------------------------------------------------------------
18
- -------------------------------------------------------------------------
19
- -------------------------------------------------------------------------
20
- -------------------------------------------------------------------------
21
- -------------------------------------------------------------------------
22
- -------------------------------------------------------------------------
- -------------------------------------------------------------------------
FERC FORM NO. 1 Page 203
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of electric plant in service according to
the prescribed accounts.
2. In addition to Account 101, Electric Plant in Service (Classified), this
page and the next include Account 102, Electric Plant Purchased or Sold;
Account 103, Experimental Electric Plant Unclassified; and Account 106,
Completed Construction Not Classified-Electric.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts, on an estimated
basis if necessary, and include the entries in column (c). Also to be
included in column (c) are entries for reversals of tentative distributions
of prior year reported in column (b). Likewise, if the respondent has a
significant amount of plant retirements which have not been classified to
primary accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accummulated depreciation provision.
Include also in column (d) reversals of tentative distributions of prior
year of unclassified retirements. Attach supplemental statement showing the
account distributions of these tentative classifications in columns (c) and
(d), including the
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- --------------------------------------------------------------------------------------------
<S> <C> <C>
1 1. INTANGIBLE PLANT
2 (301) Organization 34,078
3 (302) Franchises and Consents 115,213
4 (303) Miscellaneous Intangible Plant 6,587,795 315,033
-----------------------------------------------------------------------------------------
5 TOTAL Intangible Plant (Total of lines 2, 3, and 4) 6,737,086 315,033
-----------------------------------------------------------------------------------------
6 2. PRODUCTION PLANT
7 A. Steam Production Plant
8 (310) Land and Land Rights 532,841
9 (311) Structures and Improvements 56,000,275 63,204
10 (312) Boiler Plant Equipment 03,855,189 284,589
11 (313) Engines and Engine-Driven Generators
12 (314) Turbogenerator Units 55,864,341 107,686
13 (315) Accessory Electric Equipment 27,345,130 20,981
14 (316) Misc. Power Plant Equipment 4,181,018 302,969
-----------------------------------------------------------------------------------------
15 TOTAL Steam Production Plant (Total of lines 8-14) 47,778,794 779,429
-----------------------------------------------------------------------------------------
16 B. Nuclear Production Plant
17 (320) Land and Land Rights
18 (321) Structures and Improvements
19 (322) Reactor Plant Equipment
20 (323) Turbogenerator Units
21 (324) Accessory Electric Equipment
22 (325) Misc. Power Plant Equipment
-----------------------------------------------------------------------------------------
23 TOTAL Nuclear Production Plant (Total of lines 17-22)
-----------------------------------------------------------------------------------------
24 C. Hydraulic Production Plant
25 (330) Land and Land Rights
26 (331) Structures and Improvements
27 (332) Reservoirs, Dams, and Waterways
28 (333) Water Wheels, Turbines, and Generators
29 (334) Accessory Electric Equipment
30 (335) Misc. Power Plant Equipment
31 (336) Roads, Railroads, and Bridges
-----------------------------------------------------------------------------------------
32 TOTAL Hydraulic Production Plant(Total of lines 25-31)
-----------------------------------------------------------------------------------------
33 D. Other Production Plant
34 (340) Land and Land Rights 18,236
35 (341) Structures and Improvements 2,181,672
36 (342) Fuel Holders, Products and Accessories 1,240,391
37 (343) Prime Movers 18,877,653 9,114
38 (344) Generators 6,036,185 3,723
39 (345) Accessory Electric Equipment 1,235,263
- --------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 204
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
reversals of the prior years tentative account distributions of these amounts.
Careful observance of the above instructions and the texts of Accounts 101 and
106 will avoid serious omissions of the reported amount of respondent's plant
actually in service at end of year.
6. Show in column (f) reclassifications or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
- --------------------------------------------------------------------------------
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- --------------------------------------------------------------------------------
1
(34,078) -- (301) 2
115,213 (302) 3
6,902,828 (303) 4
- --------------------------------------------------------------------------
0 -- (34,078) 7,018,041 5
- --------------------------------------------------------------------------
6
7
532,841 (310) 8
(6,354) 56,057,125 (311) 9
4,084,368) 200,055,410 (312) 10
- (313) 11
55,972,027 (314) 12
27,366,111 (315) 13
(1,754) 4,482,233 (316) 14
- --------------------------------------------------------------------------
4,092,476) -- -- 344,465,747 15
- --------------------------------------------------------------------------
16
-- (320) 17
-- (321) 18
-- (322) 19
-- (323) 20
-- (324) 21
-- (325) 22
- --------------------------------------------------------------------------
-- -- -- 23
- --------------------------------------------------------------------------
24
-- (330) 25
-- (331) 26
-- (332) 27
-- (333) 28
-- (334) 29
-- (335) 30
-- (336) 31
- --------------------------------------------------------------------------
-- -- -- 32
- --------------------------------------------------------------------------
33
18,236 (340) 34
2,181,672 (341) 35
1,240,391 (342) 36
18,886,767 (343) 37
6,039,908 (344) 38
(15,649) 1,219,614 (345) 39
- -------------------------------------------------------------------------------
FERC FORM NO. 1 Page 205
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
40 (346) Misc. Power Plant Equipment 64,262
---------------------------------------------------------------------------------------------------------------------------------
41 TOTAL Other Production Plant (Total of lines 34-40) 29,653,662 12,837
---------------------------------------------------------------------------------------------------------------------------------
42 TOTAL Production Plant (Tot. of lines 15,23,32,and 4 377,432,456 792,266
---------------------------------------------------------------------------------------------------------------------------------
43 3. TRANSMISSION PLANT
44 (350) Land and Land Rights 9,837,434 9,529
45 (352) Structures and Improvements 2,091,065 3,162
46 (353) Station Equipment 70,548,365 1,578,784
47 (354) Towers and Fixtures 9,938,641 (438)
48 (355) Poles and Fixtures 54,239,808 2,445,368
49 (356) Overhead Conductors and Devices 44,332,464 1,632,203
50 (357) Underground Conduit
51 (358) Underground Conductors and Devices 80,328
52 (359) Roads and Trails
---------------------------------------------------------------------------------------------------------------------------------
53 TOTAL Transmission Plant (Total of lines 44 thru 52) 191,068,105 5,668,608
---------------------------------------------------------------------------------------------------------------------------------
54 4. DISTRIBUTION PLANT
55 (360) Land and Land Rights 658,003 51,314
56 (361) Structures and Improvements 1,002,098 2,833
57 (362) Station Equipment 33,588,863 265,128
58 (363) Storage Battery Equipment
59 (364) Poles, Towers, and Fixtures 66,458,691 4,960,457
60 (365) Overhead Conductors and Devices 56,756,494 4,043,730
61 (366) Underground Conduit 3,693,815 796
62 (367) Underground Conductors and Devices 23,197,983 2,826,640
63 (368) Line Transformers 34,951,540 2,473,372
64 (369) Services 7,587,644
65 (370) Meters 15,094,493 698,208
66 (371) Installations on Customer Premises 3,118
67 (372) Leased Property on Customer Premises
68 (373) Street Lighting and Signal Systems 3,560,722
---------------------------------------------------------------------------------------------------------------------------------
69 TOTAL Distribution Plant (Total of lines 55 thru 68) 246,553,464 15,322,478
---------------------------------------------------------------------------------------------------------------------------------
70 5. GENERAL PLANT
71 (389) Land and Land Rights 1,013,508
72 (390) Structures and Improvements 10,367,387 4,985
73 (391) Office Furniture and Equipment 6,023,342 1,111,416
74 (392) Transportation Equipment 10,039,316 1,722,921
75 (393) Stores Equipment 402,267 4,375
76 (394) Tools, Shop and Garage Equipment 1,044,634 246,117
77 (395) Laboratory Equipment 1,827,075 2,050
78 (396) Power Operated Equipment 5,719,950 242,504
79 (397) Communication Equipment 6,813,818
80 (398) Miscellaneous Equipment 542,093 (145)
---------------------------------------------------------------------------------------------------------------------------------
81 SUBTOTAL (Enter Total of lines 71 thru 80) 43,793,390 3,334,223
---------------------------------------------------------------------------------------------------------------------------------
82 (399) Other Tangible Property
---------------------------------------------------------------------------------------------------------------------------------
83 TOTAL General Plant (Enter Total of lines 81 and 82) 43,793,390 3,334,223
---------------------------------------------------------------------------------------------------------------------------------
84 TOTAL (Accounts 101 and 106) 865,584,501 25,432,608
---------------------------------------------------------------------------------------------------------------------------------
85 (102) Electric Plant Purchased (See Inst. 8)
86 (Less) (102) Electric Plant Sold (See Inst. 8)
87 (103) Experimental Plant Unclassified
---------------------------------------------------------------------------------------------------------------------------------
88 TOTAL Electric Plant in Service (Enter Total of lines 84 thru 87) 865,584,501 25,432,608
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 206
<PAGE>
- --------------------------------------------------------------------------------
Name of Respondent This Report is: Date of Report Year of Report
(1)[X]An Original (Mo,Da,Yr) December 31, 1998
INTERSTATE POWER COMPANY (2)[ ]A Resubmission
- --------------------------------------------------------------------------------
ELECTRIC PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- -------------------------------------------------------------------------------------------------
<S> <C> <C>
64,262 (346) 40
- -------------------------------------------------------------------------------------
(15,649) -- -- 29,650,850 41
- -------------------------------------------------------------------------------------
(4,108,125) -- -- 374,116,597 42
- -------------------------------------------------------------------------------------
43
9,846,963 (350) 44
2,094,227 (352) 45
(63,420) 72,063,729 (353) 46
(8,262) 9,929,941 (354) 47
(140,787) 56,544,389 (355) 48
(93,896) 45,870,771 (356) 49
- (357) 50
80,328 (358) 51
- (359) 52
- -------------------------------------------------------------------------------------
(306,365) -- -- 196,430,348 53
- -------------------------------------------------------------------------------------
54
709,317 (360) 55
(12,714) 992,217 (361) 56
(312,131) 33,541,860 (362) 57
- (363) 58
(488,675) 70,930,473 (364) 59
(1,190,731) 59,609,493 (365) 60
(909) 3,693,702 (366) 61
(33,775) 25,990,848 (367) 62
(477,654) 36,947,258 (368) 63
(391) 7,587,253 (369) 64
(417,397) 15,375,304 (370) 65
3,118 (371) 66
-- (372) 67
(125,468) 3,435,254 (373) 68
- -------------------------------------------------------------------------------------
(3,059,845) -- -- 258,816,097 69
- -------------------------------------------------------------------------------------
70
1,013,508 (389) 71
(51,561) 10,320,811 (390) 72
(3,901) 7,130,857 (391) 73
(899,166) 10,863,071 (392) 74
406,642 (393) 75
(57,416) 1,233,335 (394) 76
1,829,125 (395) 77
(170,284) 5,792,170 (396) 78
(132,413) 6,681,405 (397) 79
541,948 (398) 80
- -------------------------------------------------------------------------------------
(1,314,741) -- -- 45,812,872 81
- -------------------------------------------------------------------------------------
-- (399) 82
- -------------------------------------------------------------------------------------
(1,314,741) -- -- 45,812,872 83
- -------------------------------------------------------------------------------------
(8,789,076) -- (34,078) 882,193,955 84
- -------------------------------------------------------------------------------------
-- (102) 85
-- 86
-- (103) 87
- -------------------------------------------------------------------------------------
(8,789,076) -- (34,078) 882,193,955 88
- -----------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO 1 Page 207
<PAGE>
- --------------------------------------------------------------------------------
ACCUMULATED PROVISION FOR DEPRECIATION OF ELECTRIC UTILITY PLANT (Account 108)
- --------------------------------------------------------------------------------
1. Explain in a footnote any important adjustments during year.
2. Explain in a footnote any difference between the amount for book cost of
plant retired, line 11, column (c), and that reported for electric plant in
service, pages 204-207, column (d) excluding retirements of non-depreciable
property.
3. The provisions of Account 108 in the Uniform System of Accounts require
that retirements of depreciable plant be recorded when such plant is
removed from service. If the respondent has a significant amount of plant
retired at year end which has not been recorded and/or classified to the
various reserve functional classifications, make preliminary closing
entries to tentatively functionalize the book cost of the plant retired. In
addition, include all costs included in retirement work in progress at year
end in the appropriate functional classifications.
4. Show separately interest credits under a sinking fund or similar method of
depreciation accounting.
- --------------------------------------------------------------------------------
Section A. Balances and Changes During Year
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Total Electric Plant in Electric Plant Held Electric Plant Leased
Line Item (c+d+e) Service for Future Use to Others
No. (a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 Balance Beginning of Year 414,069,154 414,069,154
- ------------------------------------------------------------------------------------------------------------------------------------
2 Depreciation Provisions for Year, Charged to
- ------------------------------------------------------------------------------------------------------------------------------------
3 (403) Depreciation Expense 29,738,693 29,738,693
- ------------------------------------------------------------------------------------------------------------------------------------
4 (413) Exp. of Elec. Plt. Leas. to Others
- ------------------------------------------------------------------------------------------------------------------------------------
5 Transportation Expenses-Clearing 1,101,993 1,101,993
- ------------------------------------------------------------------------------------------------------------------------------------
6 Other Clearing Accounts
- ------------------------------------------------------------------------------------------------------------------------------------
7 Other Accounts (Specify): (Unit Trains)
- ------------------------------------------------------------------------------------------------------------------------------------
8
- ------------------------------------------------------------------------------------------------------------------------------------
9 TOTAL Deprec. Prov. for Year (Enter
Total of lines 3 thru 8) 30,840,686 30,840,686
- ------------------------------------------------------------------------------------------------------------------------------------
10 Net Charges for Plant Retired:
- ------------------------------------------------------------------------------------------------------------------------------------
11 Book Cost of Plant Retired 8,403,838 8,403,838
- ------------------------------------------------------------------------------------------------------------------------------------
12 Cost of Removal 1,823,966 1,823,966
- ------------------------------------------------------------------------------------------------------------------------------------
13 Salvage (Credit) 953,192 953,192
- ------------------------------------------------------------------------------------------------------------------------------------
14 TOTAL Net Chrgs. for Plant Ret.
(Enter Total of lines 11 thru 13) 9,274,612 9,274,612
- ------------------------------------------------------------------------------------------------------------------------------------
15 Other Debit or Cr. Items (Describe) *
- ------------------------------------------------------------------------------------------------------------------------------------
16 Allocation of Common 72,430 72,430
- ------------------------------------------------------------------------------------------------------------------------------------
17 Balance End of Year (Enter Total of
lines 1, 9, 14, 15, and 16) 435,707,658 435,707,658
- ------------------------------------------------------------------------------------------------------------------------------------
Section B. Balances at End of Year According to Functional Classifications
- ------------------------------------------------------------------------------------------------------------------------------------
18 Steam Production 230,046,480 230,046,480
- ------------------------------------------------------------------------------------------------------------------------------------
19 Nuclear Production
- ------------------------------------------------------------------------------------------------------------------------------------
20 Hydraulic Production - Conventional
- ------------------------------------------------------------------------------------------------------------------------------------
21 Hydraulic Production - Pumped Storage
- ------------------------------------------------------------------------------------------------------------------------------------
22 Other Production 10,996,105 10,996,105
- ------------------------------------------------------------------------------------------------------------------------------------
23 Transmission 74,311,608 74,311,608
- ------------------------------------------------------------------------------------------------------------------------------------
24 Distribution 103,803,244 103,803,244
- ------------------------------------------------------------------------------------------------------------------------------------
25 General 16,550,221 16,550,221
- ------------------------------------------------------------------------------------------------------------------------------------
26 TOTAL (Enter Total of lines 18 thru 25) 435,707,658 435,707,658
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 219
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
NONUTILITY PROPERTY (Account 121)
- --------------------------------------------------------------------------------
1. Give a brief description and state the location of nonutility property
included in Account 121.
2. Designate with a double asterisk any property which is leased to another
company. State name of lessee and whether lessee is an associated company.
3. Furnish particulars (details concerning sales, purchases, transfers of
Nonutility Property during the year.
4. List separately all property previously devoted to public service and give
date of transfer to Account 121, Nonutility Property.
5. Minor items (5% of the Balance at the End of the Year, for Account 121 or
$100,000, whichever is less) may be grouped by (1) previously devoted to
public service (line 44), or (2) other nonutility property (line 45).
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Balance at Purchases, Sales, Balance at
Line Description and Location Beginning of Year Transfers, etc. End of Year
No. (a) (b) (c) (d)
- ---------------------------------------------------------------------------------------------------
<S> <C> <C>
1 Land Parcel No. 1.9038 Eldorado, Iowa 22,904 22,904
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44 Minor Items Previously Devoted to Public Service
45
- --------------------------------------------------------------------------------------------------
46 TOTAL 22,904 22,904
- --------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 221
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1)
- --------------------------------------------------------------------------------
1. Report below investments in Accounts 123.1, Investment in Subsidiary
Companies.
2. Provide a subheading for each company and list thereunder the information
called for below. Sub-total by company and give a total in columns (e),
(f), (g) and (h).
(a) Investment in Securities - List and describe each security owned. For
bonds give also principal amount, date of issue, maturity, and
interest rate.
(b) Investment Advances - Report separately the amounts of loans or
investment advances which are subject to repayment, but which are not
subject to current settlement. With respect to each advance show
whether the advance is a note or open account. List each note giving
date of issuance, maturity date, and specifying whether note is a
renewal.
3. Report separately the equity in undistributed subsidiary earnings since
acquisition. The total in column (e) should equal the amount entered for
Account 418.1.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Amount of
Line Date Date of Investment at
No. Description of Investment Acquired Maturity Beginning of Year
(a) (b) (c) (d)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
1 IPC DEVELOPMENT CO.
2 Common Stock 20 Shares 5/10/78 2,000
3 Common Stock 280 Shares 9/19/78 28,000
4 Common Stock 5,250 Shares 2/2/81 525,000
5 Common Stock 2,000 Shares 4/1/82 200,000
-------
6 Subtotal 755,000
7
8 Equity in Earnings 340,699
9
10 Advance from Parent 5,076
11
12 Unrealized Gain on Security - net of tax 787,500
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
- ------------------------------------------------------------------------------------------------------------------------------------
42 TOTAL Cost of Account 123.1 $ 0 TOTAL 1,888,275
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 224
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
INVESTMENTS IN SUBSIDIARY COMPANIES (Account 123.1) (Continued)
- --------------------------------------------------------------------------------
4. For any securities, notes, or accounts that were pledged, designate such
securities, notes, or accounts in a footnote, and state the name of pledgee
and purpose of the pledge.
5. If Commission approval was required for any advance made or security
acquired, designate such fact in a footnote and give name of Commission,
date of authorization, and case or docket number.
6. Report column (f) interest and dividend revenues from investments,
including such revenues from securities disposed of during the year.
7. In column (h) report for each investment disposed of during the year, the
gain or loss represesnted by the difference between cost of the investment
(or the other amount at which carried in the books of account if different
from cost) and the selling price thereof, not including interest adjustment
includible in column (f).
8. Report on Line 42, column (a) the total cost of Account 123.1.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Equity in Amount of Gain or Loss
Subsidiary Revenues Investment at from Investment
Earnings for Year for Year End of Year Disposed of Line
(e) (f) (g) (h) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1
2,000 2
28,000 3
525,000 4
200,000 5
-------
755,000 6
7
30,323 371,022 8
9
21,205 10
11
767,831 12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
- ----------------------------------------------------------------------------------------------------------------------------
30,323 1,915,058 42
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 225
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- --------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2)
- --------------------------------------------------------------------------------
1. Report below the particulars (details) called for concerning allowances.
2. Report all acquisitions of allowances at cost.
3. Report allowances in accordance with a weighted average cost allocation
method and other accounting as prescribed by General Instruction No. 21 in
the Uniform System of Accounts.
4. Report the allowances transactions by the period they are first eligible
for use: the current year's allowances in columns (b)-(c), allowances for
the three succeeding years in columns (d)-(i), starting with the following
year, and allowances for the remaining succeeding years in columns (j)-(k).
5. Report on line 4 the Environmental Protection Agency (EPA) issued
allowances. Report withheld portions on lines 36-40.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Current Year 1999
Allowance Inventory ----------------------- ----------------
Line (Account 158.1) No. Amt. No. Amt.
No. (a) (b) (c) (d) (e)
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Balance-Beginning of Year 21,832 29,987
- ------------------------------------------------------------------------------------------------------------------------------
2
3 Acquired During Year:
4 Issued (less Withheld Allow.) 13,437 13,437
- ------------------------------------------------------------------------------------------------------------------------------
5 Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------
6
7 Purchases/Transfers:
8
- ------------------------------------------------------------------------------------------------------------------------------
9
- ------------------------------------------------------------------------------------------------------------------------------
10
- ------------------------------------------------------------------------------------------------------------------------------
11
- ------------------------------------------------------------------------------------------------------------------------------
12
- ------------------------------------------------------------------------------------------------------------------------------
13
- ------------------------------------------------------------------------------------------------------------------------------
14
- ------------------------------------------------------------------------------------------------------------------------------
15 Total 35,269 43,424
- ------------------------------------------------------------------------------------------------------------------------------
16
- ------------------------------------------------------------------------------------------------------------------------------
17 Relinquished During Year:
- ------------------------------------------------------------------------------------------------------------------------------
18 Charges to Account 509 5,282
- ------------------------------------------------------------------------------------------------------------------------------
19
- ------------------------------------------------------------------------------------------------------------------------------
20
- ------------------------------------------------------------------------------------------------------------------------------
21 Cost of Sales/Transfers:
- ------------------------------------------------------------------------------------------------------------------------------
22
- ------------------------------------------------------------------------------------------------------------------------------
23
- ------------------------------------------------------------------------------------------------------------------------------
24
- ------------------------------------------------------------------------------------------------------------------------------
25
- ------------------------------------------------------------------------------------------------------------------------------
26
- ------------------------------------------------------------------------------------------------------------------------------
27
- ------------------------------------------------------------------------------------------------------------------------------
28 Total
- ------------------------------------------------------------------------------------------------------------------------------
29 Balance-End of Year 29,987 43,424
- ------------------------------------------------------------------------------------------------------------------------------
30
- ------------------------------------------------------------------------------------------------------------------------------
31 Sales:
- ------------------------------------------------------------------------------------------------------------------------------
32 Net Sales Proceeds (Assoc. Co.)
- ------------------------------------------------------------------------------------------------------------------------------
33 Net Sales Proceeds (Other)
- ------------------------------------------------------------------------------------------------------------------------------
34 Gains
- ------------------------------------------------------------------------------------------------------------------------------
35 Losses
- ------------------------------------------------------------------------------------------------------------------------------
Allowances Withheld
(Account 158.2)
- ------------------------------------------------------------------------------------------------------------------------------
36 Balance-Beginning of Year
- ------------------------------------------------------------------------------------------------------------------------------
37 Add: Withheld by EPA 363 363
- ------------------------------------------------------------------------------------------------------------------------------
38 Deduct: Returned by EPA
- ------------------------------------------------------------------------------------------------------------------------------
39 Cost of Sales
- ------------------------------------------------------------------------------------------------------------------------------
40 Balance-End of Year 363 363
- ------------------------------------------------------------------------------------------------------------------------------
41
42 Sales:
43 Net Sales Proceeds (Assoc. Co.) 42,567
- ------------------------------------------------------------------------------------------------------------------------------
44 Net Sales Proceeds (Other)
- ------------------------------------------------------------------------------------------------------------------------------
45 Gains
- ------------------------------------------------------------------------------------------------------------------------------
46 Losses
- ------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 228
<PAGE>
- -------------------------------------------------------------------------------
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
- -------------------------------------------------------------------------------
ALLOWANCES (Accounts 158.1 and 158.2) (Continued)
- --------------------------------------------------------------------------------
6. Report on line 5 allowances returned by the EPA. Report on line 39 the
EPA's sales of the withheld allowances. Report on lines 43-46 the net sales
proceeds and gains/losses resulting from the EPA's sales or auction of the
withheld allowances.
7. Report on lines 8-14 the names of vendors/transferors of allowances
acquired and identify associated companies (See "associated company" under
"Definitions" in the Uniform System of Accounts).
8. Report on lines 22-27 the names of purchasers/transferees of allowances
disposed of and identify associated companies.
9. Report the net costs and benefits of hedging transactions on a separate
line under purchases/transfers and sales/transfers.
10. Report on lines 32-35 & 43-47 the net sales proceeds and gains or losses
from allowance sales.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------
2000 2001 Future Years Totals
- ------------------- ---------------- --------------- --------------
No. Amt. No. Amt. No. Amt. No. Amt. Line
(f) (g) (h) (i) (j) (k) (l) (m) No.
- ------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
43,424 62,210 80,996 238,449 1
- -----------------------------------------------------------------------------------------------------------------------
2
- -----------------------------------------------------------------------------------------------------------------------
3
- -----------------------------------------------------------------------------------------------------------------------
18,786 18,786 483,072 547,518 4
- -----------------------------------------------------------------------------------------------------------------------
5
- -----------------------------------------------------------------------------------------------------------------------
6
- -----------------------------------------------------------------------------------------------------------------------
7
- -----------------------------------------------------------------------------------------------------------------------
8
- -----------------------------------------------------------------------------------------------------------------------
9
- -----------------------------------------------------------------------------------------------------------------------
10
- -----------------------------------------------------------------------------------------------------------------------
11
- -----------------------------------------------------------------------------------------------------------------------
12
- -----------------------------------------------------------------------------------------------------------------------
13
- -----------------------------------------------------------------------------------------------------------------------
14
- -----------------------------------------------------------------------------------------------------------------------
62,210 80,996 564,068 785,967 15
- -----------------------------------------------------------------------------------------------------------------------
16
- -----------------------------------------------------------------------------------------------------------------------
17
- -----------------------------------------------------------------------------------------------------------------------
5,282 18
- -----------------------------------------------------------------------------------------------------------------------
19
- -----------------------------------------------------------------------------------------------------------------------
20
- -----------------------------------------------------------------------------------------------------------------------
21
- -----------------------------------------------------------------------------------------------------------------------
22
- -----------------------------------------------------------------------------------------------------------------------
23
- -----------------------------------------------------------------------------------------------------------------------
24
- -----------------------------------------------------------------------------------------------------------------------
25
- -----------------------------------------------------------------------------------------------------------------------
26
- -----------------------------------------------------------------------------------------------------------------------
27
- -----------------------------------------------------------------------------------------------------------------------
28
- -----------------------------------------------------------------------------------------------------------------------
62,210 80,996 564,068 780,685 29
- -----------------------------------------------------------------------------------------------------------------------
30
- -----------------------------------------------------------------------------------------------------------------------
31
- -----------------------------------------------------------------------------------------------------------------------
32
- -----------------------------------------------------------------------------------------------------------------------
33
- -----------------------------------------------------------------------------------------------------------------------
34
- -----------------------------------------------------------------------------------------------------------------------
35
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
363 835 1,307 2,505 36
- -----------------------------------------------------------------------------------------------------------------------
472 472 10,479 12,149 37
- -----------------------------------------------------------------------------------------------------------------------
38
- -----------------------------------------------------------------------------------------------------------------------
39
- -----------------------------------------------------------------------------------------------------------------------
835 1,307 11,786 14,654 40
- -----------------------------------------------------------------------------------------------------------------------
41
- -----------------------------------------------------------------------------------------------------------------------
42
- -----------------------------------------------------------------------------------------------------------------------
27,528 146,032 216,127 43
- -----------------------------------------------------------------------------------------------------------------------
44
- ------------------------------------------------------------------------------------------------------------------------
45
- ------------------------------------------------------------------------------------------------------------------------
46
- ------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 1 Page 229
<PAGE>
GAS PLANT IN SERVICE
(Minnesota Jurisdiction)
<TABLE>
<CAPTION>
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
- ------------------------------------------------------------------------------------------------------------------------------------
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ADDITIONS RETIREMENTS ADJUSTMENTS TRANSFERS E.O.Y. BALANCE
NO. (a) (b) (c) (d) (e) (f)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
INTANGIBLE PLANT
301 Organization 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
302 Franchises and consents 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
303 Miscellaneous intangible plant 43,215 7,954 0 0 (3,445) 47,724
-------- -------- -------- -------- -------- --------
Total intangible plant 43,215 7,954 0 0 (3,445) 47,724
-------- -------- -------- -------- -------- --------
PRODUCTION PLANT
Manufactured Gas Production Plant:
304 Land and land rights 8,212 0 0 0 9,390 17,602
-------- -------- -------- -------- -------- --------
305 Structures and improvements 43,498 0 0 0 15,493 58,991
-------- -------- -------- -------- -------- --------
306 Boiler plant equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
307 Other power equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
308 Coke ovens 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
309 Producer gas equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
310 Water gas generating equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
311 Liquefied petroleum gas equipment 420,945 0 0 0 (22,711) 398,234
-------- -------- -------- -------- -------- --------
312 Oil gas generating equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
313 Generating equipment-other processes 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
314 Coal, coke, and ash handling equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
315 Catalytic cracking equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
316 Other reforming equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
317 Purification equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
318 Residual refining equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
319 Gas mixing equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
320 Other equipment 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
325-347 Natural gas production plant 0 0 0 0 0 0
-------- -------- -------- -------- -------- --------
Total production plant 472,655 0 0 0 2,172 474,827
-------- -------- -------- -------- -------- --------
</TABLE>
(Continued on next page) p-14
<PAGE>
GAS PLANT IN SERVICE
(Minnesota Jurisdiction)
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ADDITIONS RETIREMENTS ADJUSTMENTS TRANSFERS E.O.Y. BALANCE
NO. (a) (b) (c) (d) (e) (f)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
NATURAL GAS STORAGE
350-363 Underground storage plant 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
364 Liquefied natural gas 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
Total natural gas storage 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
TRANSMISSION PLANT
365.1 Land and land rights 0 0 0 0 0 0
--------- --------- --------- --------- ---------
365.2 Rights-of-way 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
366 Structures and improvements 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
367 Mains 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
368 Compressor station equipment 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
369 Measuring and regulating station equip. 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
370 Communication equipment 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
371 Other equipment 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
Total transmission plant 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
DISTRIBUTION PLANT
374 Land and land rights 3,260 0 0 0 0 3,260
--------- --------- --------- --------- --------- ---------
375 Structures and improvements 883 0 0 0 0 883
--------- --------- --------- --------- --------- ---------
376 Mains 4,877,560 112,629 4,352 0 7,676 4,993,513
--------- --------- --------- --------- --------- ---------
377 Compressor station equipment 0 0 0 0 0 0
--------- --------- --------- --------- --------- ---------
378 Measuring & regulating sta.equip.-gen. 58,669 0 612 0 612 58,669
--------- --------- --------- --------- --------- ---------
379 Measuring & regulating sta.equip.-C.G. 246,639 0 0 0 1 246,640
--------- --------- --------- --------- --------- ---------
380 Services 3,189,097 88,744 14,314 0 (2,146) 3,261,381
--------- --------- --------- --------- --------- ---------
</TABLE>
(Continued on next page) p-15
<PAGE>
(Minnesota Jurisdiction)
<TABLE>
<CAPTION>
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
- ------------------------------------------------------------------------------------------------------------------------------------
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ADDITIONS RETIREMENTS ADJUSTMENTS TRANSFERS E.O.Y. BALANCE
NO. (a) (b) (c) (d) (e) (f)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
381 Meters 1,236,345 116,638 32,033 0 (53,337) 1,267,613
----------- ----------- ----------- ----------- ----------- -----------
382 Meter installations 0 0 0 0 0 0
----------- ----------- ----------- ----------- ----------- -----------
383 House regulators 454,935 1,673 0 0 (1,673) 454,935
----------- ----------- ----------- ----------- ----------- -----------
384 House regulator installations 0 0 0 0 0 0
----------- ----------- ----------- ----------- ----------- -----------
385 Industrial measuring & regulating equip. 35,065 0 0 0 0 35,065
----------- ----------- ----------- ----------- ----------- -----------
386 Other property on customers' premises 3,485 0 0 0 (3,485) 0
----------- ----------- ----------- ----------- ----------- -----------
387 Other equipment 14,926 0 0 0 (14,926) 0
----------- ----------- ----------- ----------- ----------- -----------
Total distribution plant 10,120,864 319,684 51,311 0 (67,278) 10,321,959
----------- ----------- ----------- ----------- ----------- -----------
GENERAL PLANT
389 Land and land rights 0 3,155 0 0 41,416 44,571
----------- ----------- ----------- ----------- ----------- -----------
390 Structures and improvements 0 66,986 27,243 0 418,057 457,800
----------- ----------- ----------- ----------- ----------- -----------
391 Office furniture and equipment 51,717 0 0 0 319,477 371,194
----------- ----------- ----------- ----------- ----------- -----------
392 Transportation equipment 261,041 2,946 0 0 275,926 539,913
----------- ----------- ----------- ----------- ----------- -----------
393 Store equipment 1,956 1,547 0 0 14,680 18,183
----------- ----------- ----------- ----------- ----------- -----------
394 Tools, shop and garage equipment 88,541 0 2,191 0 (16,377) 69,973
----------- ----------- ----------- ----------- ----------- -----------
395 Laboratory equipment 45,402 0 0 0 44,191 89,593
----------- ----------- ----------- ----------- ----------- -----------
396 Power operated equipment 185,501 0 0 0 116,071 301,572
----------- ----------- ----------- ----------- ----------- -----------
397 Communications equipment 25,834 0 0 0 272,139 297,973
----------- ----------- ----------- ----------- ----------- -----------
398 Miscellaneous equipment 11,899 0 0 0 12,570 24,469
----------- ----------- ----------- ----------- ----------- -----------
399 Other tangible property * 0 0 0 0 0 0
----------- ----------- ----------- ----------- ----------- -----------
Total general plant 671,891 74,634 29,434 0 1,498,150 2,215,241
----------- ----------- ----------- ----------- ----------- -----------
TOTAL GAS PLANT IN SERVICE 11,308,625 402,272 80,745 0 1,429,599 13,059,751
----------- ----------- ----------- ----------- ----------- -----------
</TABLE>
* State the nature and use of plant included in this account, and if
substantial in amount submit a supplementary schedule showing subaccount
classifications of such plant conforming to the requirements of this
schedule.
p-16
<PAGE>
ANALYSIS OF RESERVES
(Minnesota Jurisdiction)
<TABLE>
<CAPTION>
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
- ------------------------------------------------------------------------------------------------------------------------------------
CREDITS DEBITS
-------------------- -------------------- TRANSFERS & E.O.Y.
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ACCRUALS GROSS SALV. RETIREMENT REMOVAL ADJUSTMENTS BALANCE
NO. (a) (b) (c) (d) (e) (f) (g)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
INTANGIBLE PLANT
301 Organization *** ACCOUNTS 301 TO 302 NOT APPLICABLE TO "ANALYSIS OF RESERVES ***
-------- -------- -------- -------- -------- -------- --------
302 Franchises and consents
-------- -------- -------- -------- -------- -------- --------
303 Miscellaneous intangible plant 0 0 0 0 0 38,579 38,579
-------- -------- -------- -------- -------- -------- --------
Total intangible plant 0 0 0 0 0 38,579 38,579
-------- -------- -------- -------- -------- -------- --------
PRODUCTION PLANT
Manufactured gas production plant:
305 Structures and improvements 36,335 1,431 0 0 0 (13,490) 24,276
-------- -------- -------- -------- -------- -------- --------
306 Boiler plant equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
307 Other power equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
308 Coke ovens 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
309 Producer gas equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
310 Water gas generating equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
311 Liquefied petroleum gas equipment 351,776 15,028 0 0 0 (88,901) 277,903
-------- -------- -------- -------- -------- -------- --------
312 Oil gas generating equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
313 Generating equipment-other processes 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
314 Coal, coke, and ash handling equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
315 Catalytic cracking equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
316 Other reforming equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
317 Purification equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
318 Residual refining equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
319 Gas mixing equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
320 Other equipment 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
325-347 Natural gas production plant 0 0 0 0 0 0 0
-------- -------- -------- -------- -------- -------- --------
Total production plant 388,111 16,459 0 0 0 (102,391) 302,179
-------- -------- -------- -------- -------- -------- --------
</TABLE>
(Continued on next page) p-17
<PAGE>
ANALYSIS OF RESERVES
(Minnesota Jurisdiction)
<TABLE>
<CAPTION>
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
- ------------------------------------------------------------------------------------------------------------------------------------
CREDITS DEBITS
--------------------- -------------------- TRANSFERS & E.O.Y.
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ACCRUALS GROSS SALV. RETIREMENT REMOVAL ADJUSTMENTS BALANCE
NO. (a) (b) (c) (d) (e) (f) (g)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
NATURAL GAS STORAGE
350-363 Underground storage plant 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
364 Liquefied natural gas 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
Total natural gas storage 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
TRANSMISSION PLANT
365.1 Land and land rights 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
365.2 Rights-of-way 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
366 Structures and improvements 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
367 Mains 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
368 Compressor station equipment 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
369 Measuring and regulating station equip. 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
370 Communication equipment 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
371 Other equipment 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
Total transmission plant 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
DISTRIBUTION PLANT
374 Land and land rights 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
375 Structures and improvements 485 173 0 0 0 0 658
--------- --------- --------- --------- --------- --------- ---------
376 Mains 1,596,370 123,425 80 4,352 1,165 3,967 1,718,325
--------- --------- --------- --------- --------- --------- ---------
377 Compressor station equipment 0 0 0 0 0 0 0
--------- --------- --------- --------- --------- --------- ---------
378 Measuring & regulating sta.equip.-gen. 14,638 1,854 0 612 0 612 16,492
--------- --------- --------- --------- --------- --------- ---------
379 Measuring & regulating sta.equip.-C.G. 127,495 14,551 0 0 0 0 142,046
--------- --------- --------- --------- --------- --------- ---------
380 Services 1,168,773 140,250 438 14,314 6,331 12,217 1,301,033
--------- --------- --------- --------- --------- --------- ---------
</TABLE>
(Continued on next page) p-18
<PAGE>
ANALYSIS OF RESERVES
(Minnesota Jurisdiction)
INTERSTATE POWER COMPANY
For Year Ended 12/31/98
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
CREDITS DEBITS
--------------------- -------------------- TRANSFERS & E.O.Y.
ACCT. TITLE OF ACCOUNTS B.O.Y. BALANCE ACCRUALS GROSS SALV. RETIREMENT REMOVAL ADJUSTMENTS BALANCE
NO. (a) (b) (c) (d) (e) (f) (g)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
DISTRIBUTION PLANT
381 Meters 62,930 49,962 0 32,033 15,485 (755) 64,619
---------- ---------- ---------- ---------- ---------- ---------- ----------
382 Meter installations 0 0 0 0 0 0 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
383 House regulators 95,944 19,562 0 0 0 1 115,507
---------- ---------- ---------- ---------- ---------- ---------- ----------
384 House regulator installations 0 0 0 0 0 0 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
385 Industrial measuring & regulating equip. 31,558 2,339 0 0 0 0 33,897
---------- ---------- ---------- ---------- ---------- ---------- ----------
386 Other property on customers' premises 3,485 0 0 0 0 (3,485) 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
387 Other equipment 7,072 7,854 0 0 0 (14,926) 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
Total distribution plant 3,108,750 359,970 518 51,311 22,981 (2,369) 3,392,577
---------- ---------- ---------- ---------- ---------- ---------- ----------
GENERAL PLANT
389 Land and land rights 0 0 0 0 0 0 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
390 Structures and improvements 0 0 0 27,243 0 190,548 163,305
---------- ---------- ---------- ---------- ---------- ---------- ----------
391 Office furniture and equipment 49,143 0 0 0 0 115,583 164,726
---------- ---------- ---------- ---------- ---------- ---------- ----------
392 Transportation equipment 145,114 0 8,056 0 550 16,089 168,709
---------- ---------- ---------- ---------- ---------- ---------- ----------
393 Store equipment 1,777 33 0 0 0 5,741 7,551
---------- ---------- ---------- ---------- ---------- ---------- ----------
394 Tools, shop and garage equipment 20,877 3,763 0 2,191 0 (6,152) 16,297
---------- ---------- ---------- ---------- ---------- ---------- ----------
395 Laboratory equipment (2,968) 2,302 0 0 0 28,135 27,469
---------- ---------- ---------- ---------- ---------- ---------- ----------
396 Power operated equipment 85,528 0 0 0 0 (3,452) 82,076
---------- ---------- ---------- ---------- ---------- ---------- ----------
397 Communications equipment (3,606) 1,196 0 0 0 135,024 132,614
---------- ---------- ---------- ---------- ---------- ---------- ----------
398 Miscellaneous equipment 5,273 1,086 0 0 0 16,581 22,940
---------- ---------- ---------- ---------- ---------- ---------- ----------
399 Other tangible property * 0 0 0 0 0 0 0
---------- ---------- ---------- ---------- ---------- ---------- ----------
Total general plant 301,138 8,380 8,056 29,434 550 498,097 785,687
---------- ---------- ---------- ---------- ---------- ---------- ----------
TOTAL GAS PLANT IN SERVICE 3,797,999 384,809 8,574 80,745 23,531 431,916 4,519,022
---------- ---------- ---------- ---------- ---------- ---------- ----------
</TABLE>
p-19
<PAGE>
IG-1
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(IOWA ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of gas plant in service according to the
prescribed accounts.
2. In addition to Account 101, Gas Plant in Service (Classified), this page
and the next include Account 102, Gas Plant Purchased or Sold; Account 103,
Experimental Gas Plant Unclassified; and Account 106, Completed
Construction Not Classified-Gas.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts, on an estimated
basis if necessary, and include the entries in column (c). Also to be
included in column (c) are entries for reversals of tentative distributions
of prior year reported in column (b). Likewise, if the respondent has a
significant amount of plant retirements which have not been classified to
primary accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accumulated depreciation provision. Include
also in column (d) reversals of tentative distributions or prior year of
unclassified retirements. Attach supplemental statement showing the account
distributions of these
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- -----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 1. INTANGIBLE PLANT
- -----------------------------------------------------------------------------------------------------------------------------
2 301 Organization 0 0
- -----------------------------------------------------------------------------------------------------------------------------
3 302 Franchises and Consents 0 0
- -----------------------------------------------------------------------------------------------------------------------------
4 303 Miscellaneous Intangible Plant 147,474 26,568
- -----------------------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant 147,474 26,568
- -----------------------------------------------------------------------------------------------------------------------------
6 2. PRODUCTION PLANT
- -----------------------------------------------------------------------------------------------------------------------------
7 Natural Gas Production and Gathering Plant
- -----------------------------------------------------------------------------------------------------------------------------
8 325.1 Producing Lands 0 0
- -----------------------------------------------------------------------------------------------------------------------------
9 325.2 Producing Leaseholds 0 0
- -----------------------------------------------------------------------------------------------------------------------------
10 325.3 Gas Rights 0 0
- -----------------------------------------------------------------------------------------------------------------------------
11 325.4 Rights-of-Way 0 0
- -----------------------------------------------------------------------------------------------------------------------------
12 325.5 Other Land and Land Rights 0 0
- -----------------------------------------------------------------------------------------------------------------------------
13 326 Gas Well Structures 0 0
- -----------------------------------------------------------------------------------------------------------------------------
14 327 Field Compressor Station Structures 0 0
- -----------------------------------------------------------------------------------------------------------------------------
15 328 Field Meas. and Reg. Sta. Structures 0 0
- -----------------------------------------------------------------------------------------------------------------------------
16 329 Other Structures 0 0
- -----------------------------------------------------------------------------------------------------------------------------
17 330 Producing Gas Wells--Well Construction 0 0
- -----------------------------------------------------------------------------------------------------------------------------
18 331 Producing Gas Wells--Well Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
19 332 Field Lines 0 0
- -----------------------------------------------------------------------------------------------------------------------------
20 333 Field Compressor Station Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
21 334 Field Meas. and Reg. Sta. Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
22 335 Drilling and Cleaning Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
23 336 Purification Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
24 337 Other Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
25 338 Unsuccessful Exploration & Devel. Costs 0 0
- -----------------------------------------------------------------------------------------------------------------------------
26 TOTAL Production and Gathering Plant 0 0
- -----------------------------------------------------------------------------------------------------------------------------
27 Products Extraction Plant
- -----------------------------------------------------------------------------------------------------------------------------
28 340 Land and Land Rights 0 0
- -----------------------------------------------------------------------------------------------------------------------------
29 341 Structures and Improvements 0 0
- -----------------------------------------------------------------------------------------------------------------------------
30 342 Extraction and Refining Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
31 343 Pipe Lines 0 0
- -----------------------------------------------------------------------------------------------------------------------------
32 344 Extracted Products Storage Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
33 345 Compressor Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
34 346 Gas Meas. and Reg. Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
35 347 Other Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------
36 TOTAL Products Extraction Plant 0 0
- -----------------------------------------------------------------------------------------------------------------------------
37 TOTAL Nat. Gas Production Plant 0 0
- -----------------------------------------------------------------------------------------------------------------------------
38 Mfd. Gas Prod. Plant (Submit Suppl. Statement) 1,664,141 0
- -----------------------------------------------------------------------------------------------------------------------------
39 TOTAL Production Plant 1,664,141 0
- -----------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 204
<PAGE>
IG-1
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(IOWA ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
tentative classifications in columns (c) and (d), including the reversals
of the prior years tentative account distributions of these amounts.
Careful observance of the above instructions and the texts of Accounts 101
and 106 will avoid serious omissions of the reported amount of respondent's
plant actually in service at end of year.
6. Show in column (f) reclassifcations or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 301 2
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 302 3
- ----------------------------------------------------------------------------------------------------------
0 0 (14,633) 159,409 303 4
- ----------------------------------------------------------------------------------------------------------
0 0 (14,633) 159,409 5
- ----------------------------------------------------------------------------------------------------------
6
- ----------------------------------------------------------------------------------------------------------
7
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 325.1 8
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 325.2 9
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 325.3 10
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 325.4 11
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 325.5 12
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 326 13
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 327 14
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 328 15
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 329 16
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 330 17
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 331 18
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 332 19
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 333 20
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 334 21
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 335 22
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 336 23
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 337 24
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 338 25
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 26
- ----------------------------------------------------------------------------------------------------------
27
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 340 28
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 341 29
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 342 30
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 343 31
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 344 32
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 345 33
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 346 34
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 347 35
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 36
- ----------------------------------------------------------------------------------------------------------
0 0 0 0 37
- ----------------------------------------------------------------------------------------------------------
0 0 (120,955) 1,543,186 38
- ----------------------------------------------------------------------------------------------------------
0 0 (120,955) 1,543,186 39
- ----------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 205
<PAGE>
IG-1
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(IOWA ONLY)
Manufactured Gas Production Plant - 1998
Detail for Line 38, Pages 204 and 205
<TABLE>
<CAPTION>
Balance Balance
Beginning End of
of Year Additions Retirements Adjustments Transfers Year
--------- --------- ----------- ----------- --------- -------
<S> <C> <C> <C> <C> <C> <C>
G304.1 Land Owned
in Fee 62,712 0 0 0 (5,504) 57,208
G305 Structures &
Improvements 223,256 0 0 0 (31,537) 191,719
G311 Liquefied Petr.
Gas Equipment 1,378,173 0 0 0 (83,914) 1,294,259
---------- ---------- ---------- ---------- ---------- ----------
1,664,141 0 0 0 (120,955) 1,543,186
========== ========== ========== ========== ========== ==========
</TABLE>
205.1
<PAGE>
IG-1
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(IOWA ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
88 5. Distribution Plant
- -----------------------------------------------------------------------------------------------------------------------------------
89 374 Land and Land Rights 10,415 0
- -----------------------------------------------------------------------------------------------------------------------------------
90 375 Structures and Improvements 1,192 0
- -----------------------------------------------------------------------------------------------------------------------------------
91 376 Mains 27,956,225 642,361
- -----------------------------------------------------------------------------------------------------------------------------------
92 377 Compressor Station Equipment 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
93 378 Meas. and Reg. Sta. Equip.--General 296,549 0
- -----------------------------------------------------------------------------------------------------------------------------------
94 379 Meas. and Reg. Sta. Equip.--City Gate 377,251 0
- -----------------------------------------------------------------------------------------------------------------------------------
95 380 Services 13,283,401 370,962
- -----------------------------------------------------------------------------------------------------------------------------------
96 381 Meters 3,633,302 367,993
- -----------------------------------------------------------------------------------------------------------------------------------
97 382 Meter Installations 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
98 383 House Regulators 1,523,334 5,631
- -----------------------------------------------------------------------------------------------------------------------------------
99 384 House Reg. Installations 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
100 385 Industrial Meas. and Reg. Sta. Equipment 778,624 0
- -----------------------------------------------------------------------------------------------------------------------------------
101 386 Other Prop. on Customers' Premises 1,190 0
- -----------------------------------------------------------------------------------------------------------------------------------
102 387 Other Equipment 5,599 0
- -----------------------------------------------------------------------------------------------------------------------------------
103 TOTAL Distribution Plant 47,867,082 1,386,947
- -----------------------------------------------------------------------------------------------------------------------------------
104 6. General Plant
- -----------------------------------------------------------------------------------------------------------------------------------
105 389 Land and Land Rights 0 10,539
- -----------------------------------------------------------------------------------------------------------------------------------
106 390 Structures and Improvements 0 223,750
- -----------------------------------------------------------------------------------------------------------------------------------
107 391 Office Furniture and Equipment 272,799 0
- -----------------------------------------------------------------------------------------------------------------------------------
108 392 Transportation Equipment 800,075 9,840
- -----------------------------------------------------------------------------------------------------------------------------------
109 393 Stores Equipment 4,871 5,168
- -----------------------------------------------------------------------------------------------------------------------------------
110 394 Tools, Shop, and Garage Equipment 221,182 0
- -----------------------------------------------------------------------------------------------------------------------------------
111 395 Laboratory Equipment 160,026 0
- -----------------------------------------------------------------------------------------------------------------------------------
112 396 Power Operated Equipment 813,290 0
- -----------------------------------------------------------------------------------------------------------------------------------
113 397 Communication Equipment 67,010 0
- -----------------------------------------------------------------------------------------------------------------------------------
114 398 Miscellaneous Equipment 2,365 0
- -----------------------------------------------------------------------------------------------------------------------------------
115 Subtotal 2,341,618 249,297
- -----------------------------------------------------------------------------------------------------------------------------------
116 399 Other Tangible Property 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
117 TOTAL General Plant 2,341,618 249,297
- -----------------------------------------------------------------------------------------------------------------------------------
118 TOTAL (Accounts 101 and 106) 52,020,315 1,662,812
- -----------------------------------------------------------------------------------------------------------------------------------
119 Gas Plant Purchased (See Instr. 8) 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
120 (Less) Gas Plant Sold (See Instr. 8) 0
- -----------------------------------------------------------------------------------------------------------------------------------
121 Experimental Gas Plant Unclassified 0 0
- -----------------------------------------------------------------------------------------------------------------------------------
122 TOTAL Gas Plant in Service 52,020,315 1,662,812
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 208
<PAGE>
IG-1
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(IOWA ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
88
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 (9,532) 883 374 89
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 1,192 375 90
- ----------------------------------------------------------------------------------------------------------------------------------
24,822 0 (94,122) 28,479,642 376 91
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 377 92
- ----------------------------------------------------------------------------------------------------------------------------------
3,056 0 (700) 292,793 378 93
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 (12,235) 365,016 379 94
- ----------------------------------------------------------------------------------------------------------------------------------
59,833 0 38,467 13,632,997 380 95
- ----------------------------------------------------------------------------------------------------------------------------------
101,063 0 99,086 3,999,318 381 96
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 382 97
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 1,916 1,530,881 383 98
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 384 99
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 1,371 779,995 385 100
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 (1,190) 0 386 101
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 (5,599) 0 387 102
- ----------------------------------------------------------------------------------------------------------------------------------
188,774 0 17,462 49,082,717 103
- ----------------------------------------------------------------------------------------------------------------------------------
104
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 138,339 148,878 389 105
- ----------------------------------------------------------------------------------------------------------------------------------
90,998 0 1,396,414 1,529,166 390 106
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 967,079 1,239,878 391 107
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 993,527 1,803,442 392 108
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 505,698 515,737 393 109
- ----------------------------------------------------------------------------------------------------------------------------------
7,319 0 19,862 233,725 394 110
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 139,238 299,264 395 111
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 194,036 1,007,326 396 112
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 928,293 995,303 397 113
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 79,367 81,732 398 114
- ----------------------------------------------------------------------------------------------------------------------------------
98,317 0 5,361,853 7,854,451 115
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 399 116
- ----------------------------------------------------------------------------------------------------------------------------------
98,317 0 5,361,853 7,854,451 117
- ----------------------------------------------------------------------------------------------------------------------------------
287,091 0 5,243,727 58,639,763 118
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 119
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 120
- ----------------------------------------------------------------------------------------------------------------------------------
0 0 0 0 121
- ----------------------------------------------------------------------------------------------------------------------------------
287,091 0 5,243,727 58,639,763 122
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 209
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(ILLINOIS ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
1. Report below the original cost of gas plant in service according to the
prescribed accounts.
2. In addition to Account 101, Gas Plant in Service (Classified), this page
and the next include Account 102, Gas Plant Purchased or Sold; Account 103,
Experimental Gas Plant Unclassified; and Account 106, Completed
Construction Not Classified-Gas.
3. Include in column (c) or (d), as appropriate, corrections of additions and
retirements for the current or preceding year.
4. Enclose in parentheses credit adjustments of plant accounts to indicate the
negative effect of such accounts.
5. Classify Account 106 according to prescribed accounts, on an estimated
basis if necessary, and include the entries in column (c). Also to be
included in column (c) are entries for reversals of tentative distributions
of prior year reported in column (b). Likewise, if the respondent has a
significant amount of plant retirements which have not been classified to
primary accounts at the end of the year, include in column (d) a tentative
distribution of such retirements, on an estimated basis, with appropriate
contra entry to the account for accumulated depreciation provision. Include
also in column (d) reversals of tentative distributions or prior year of
unclassified retirements. Attach supplemental statement showing the account
distributions of these
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account Beginning of Year Additions
No. (a) (b) (c)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1 1. INTANGIBLE PLANT
- ------------------------------------------------------------------------------------------------------------------------------------
2 301 Organization
- ------------------------------------------------------------------------------------------------------------------------------------
3 302 Franchises and Consents
- ------------------------------------------------------------------------------------------------------------------------------------
4 303 Miscellaneous Intangible Plant 193,312 38,662
- ------------------------------------------------------------------------------------------------------------------------------------
5 TOTAL Intangible Plant 193,312 38,662
- ------------------------------------------------------------------------------------------------------------------------------------
6 2. PRODUCTION PLANT
- ------------------------------------------------------------------------------------------------------------------------------------
7 Natural Gas Production and Gathering Plant
- ------------------------------------------------------------------------------------------------------------------------------------
8 325.1 Producing Lands
- ------------------------------------------------------------------------------------------------------------------------------------
9 325.2 Producing Leaseholds
- ------------------------------------------------------------------------------------------------------------------------------------
10 325.3 Gas Rights
- ------------------------------------------------------------------------------------------------------------------------------------
11 325.4 Rights-of-Way
- ------------------------------------------------------------------------------------------------------------------------------------
12 325.5 Other Land and Land Rights
- ------------------------------------------------------------------------------------------------------------------------------------
13 326 Gas Well Structures
- ------------------------------------------------------------------------------------------------------------------------------------
14 327 Field Compressor Station Structures
- ------------------------------------------------------------------------------------------------------------------------------------
15 328 Field Meas. and Reg. Sta. Structures
- ------------------------------------------------------------------------------------------------------------------------------------
16 329 Other Structures
- ------------------------------------------------------------------------------------------------------------------------------------
17 330 Producing Gas Wells--Well Construction
- ------------------------------------------------------------------------------------------------------------------------------------
18 331 Producing Gas Wells--Well Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
19 332 Field Lines
- ------------------------------------------------------------------------------------------------------------------------------------
20 333 Field Compressor Station Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
21 334 Field Meas. and Reg. Sta. Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
22 335 Drilling and Cleaning Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
23 336 Purification Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
24 337 Other Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
25 338 Unsuccessful Exploration & Devel. Costs
- ------------------------------------------------------------------------------------------------------------------------------------
26 TOTAL Production and Gathering Plant
- ------------------------------------------------------------------------------------------------------------------------------------
27 Products Extraction Plant
- ------------------------------------------------------------------------------------------------------------------------------------
28 340 Land and Land Rights
- ------------------------------------------------------------------------------------------------------------------------------------
29 341 Structures and Improvements
- ------------------------------------------------------------------------------------------------------------------------------------
30 342 Extraction and Refining Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
31 343 Pipe Lines
- ------------------------------------------------------------------------------------------------------------------------------------
32 344 Extracted Products Storage Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
33 345 Compressor Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
34 346 Gas Meas. and Reg. Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
35 347 Other Equipment
- ------------------------------------------------------------------------------------------------------------------------------------
36 TOTAL Products Extraction Plant
- ------------------------------------------------------------------------------------------------------------------------------------
37 TOTAL Nat. Gas Production Plant
- ------------------------------------------------------------------------------------------------------------------------------------
38 Mfd. Gas Prod. Plant (Submit Suppl. Statement) 2,215,928
- ------------------------------------------------------------------------------------------------------------------------------------
39 TOTAL Production Plant 2,215,928
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 204
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(ILLINOIS ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106)
- --------------------------------------------------------------------------------
tentative classifications in columns (c) and (d), including the reversals
of the prior years tentative account distributions of these amounts.
Careful observance of the above instructions and the texts of Accounts 101
and 106 will avoid serious omissions of the reported amount of respondent's
plant actually in service at end of year.
6. Show in column (f) reclassifcations or transfers within utility plant
accounts. Include also in column (f) the additions or reductions of primary
account classifications arising from distribution of amounts initially
recorded in Account 102. In showing the clearance of Account 102, include
in column (e) the amounts with respect to accumulated provision for
depreciation, acquisition adjustments, etc., and show in column (f) only
the offset to the debits or credits distributed in column (f) to primary
account classifications.
7. For Account 399, state the nature and use of plant included in this account
and if substantial in amount submit a supplementary statement showing
subaccount classification of such plant conforming to the requirements of
these pages.
8. For each amount comprising the reported balance and changes in Account 102,
state the property purchased or sold, name of vendor or purchaser, and date
of transaction. If proposed journal entries have been filed with the
Commission as required by the Uniform System of Accounts, give also date of
such filing.
- --------------------------------------------------------------------------------
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- --------------------------------------------------------------------------------
1
- --------------------------------------------------------------------------------
301 2
- --------------------------------------------------------------------------------
302 3
- --------------------------------------------------------------------------------
231,974 303 4
- --------------------------------------------------------------------------------
231,974 5
- --------------------------------------------------------------------------------
6
- --------------------------------------------------------------------------------
7
- --------------------------------------------------------------------------------
325.1 8
- --------------------------------------------------------------------------------
325.2 9
- --------------------------------------------------------------------------------
325.3 10
- --------------------------------------------------------------------------------
325.4 11
- --------------------------------------------------------------------------------
325.5 12
- --------------------------------------------------------------------------------
326 13
- --------------------------------------------------------------------------------
327 14
- --------------------------------------------------------------------------------
328 15
- --------------------------------------------------------------------------------
329 16
- --------------------------------------------------------------------------------
330 17
- --------------------------------------------------------------------------------
331 18
- --------------------------------------------------------------------------------
332 19
- --------------------------------------------------------------------------------
333 20
- --------------------------------------------------------------------------------
334 21
- --------------------------------------------------------------------------------
335 22
- --------------------------------------------------------------------------------
336 23
- --------------------------------------------------------------------------------
337 24
- --------------------------------------------------------------------------------
338 25
- --------------------------------------------------------------------------------
26
- --------------------------------------------------------------------------------
27
- --------------------------------------------------------------------------------
340 28
- --------------------------------------------------------------------------------
341 29
- --------------------------------------------------------------------------------
342 30
- --------------------------------------------------------------------------------
343 31
- --------------------------------------------------------------------------------
344 32
- --------------------------------------------------------------------------------
345 33
- --------------------------------------------------------------------------------
346 34
- --------------------------------------------------------------------------------
347 35
- --------------------------------------------------------------------------------
36
- --------------------------------------------------------------------------------
37
- --------------------------------------------------------------------------------
2,215,928 38
- --------------------------------------------------------------------------------
2,215,928 39
- --------------------------------------------------------------------------------
FERC FORM NO. 2 Page 205
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(ILLINOIS ONLY)
Manufactured Gas Production Plant - 1998
Detail for Line 38, Pages 204 and 205
<TABLE>
<CAPTION>
Balance Balance
Beginning End of
of Year Additions Retirements Adjustments Year
----------- ----------- ----------- ----------- -----------
<S> <C> <C> <C> <C> <C>
G304.1 Land Owned
in Fee 82,147 82,147
G305 Structures &
Improvements 275,298 275,298
G311 Liquefied Petr.
Gas Equipment 1,858,483 1,858,483
----------- ----------- ----------- ----------- -----------
2,215,928 2,215,928
=========== =========== =========== =========== ===========
</TABLE>
205A
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(ILLINOIS ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Line Account End of Year Additions
No. (a) (g) (c)
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
88 5. Distribution Plant
- ----------------------------------------------------------------------------------------------------------------------
89 374 Land and Land Rights 20,649
- ----------------------------------------------------------------------------------------------------------------------
90 375 Structures and Improvements 2,075
- ----------------------------------------------------------------------------------------------------------------------
91 376 Mains 36,544,277 842,529
- ----------------------------------------------------------------------------------------------------------------------
92 377 Compressor Station Equipment
- ----------------------------------------------------------------------------------------------------------------------
93 378 Meas. and Reg. Sta. Equip.--General 363,660
- ----------------------------------------------------------------------------------------------------------------------
94 379 Meas. and Reg. Sta. Equip.--City Gate 856,754
- ----------------------------------------------------------------------------------------------------------------------
95 380 Services 18,582,369 517,446
- ----------------------------------------------------------------------------------------------------------------------
96 381 Meters 5,424,942 534,870
- ----------------------------------------------------------------------------------------------------------------------
97 382 Meter Installations
- ----------------------------------------------------------------------------------------------------------------------
98 383 House Regulators 2,044,371 7,548
- ----------------------------------------------------------------------------------------------------------------------
99 384 House Reg. Installations
- ----------------------------------------------------------------------------------------------------------------------
100 385 Industrial Meas. and Reg. Sta. Equipment 815,061
- ----------------------------------------------------------------------------------------------------------------------
101 386 Other Prop. on Customers' Premises 4,675
- ----------------------------------------------------------------------------------------------------------------------
102 387 Other Equipment 22,327
- ----------------------------------------------------------------------------------------------------------------------
103 TOTAL Distribution Plant 64,681,160 1,902,393
- ----------------------------------------------------------------------------------------------------------------------
104 6. General Plant
- ----------------------------------------------------------------------------------------------------------------------
105 389 Land and Land Rights
- ----------------------------------------------------------------------------------------------------------------------
106 390 Structures and Improvements
- ----------------------------------------------------------------------------------------------------------------------
107 391 Office Furniture and Equipment 331,438 15,336
- ----------------------------------------------------------------------------------------------------------------------
108 392 Transportation Equipment 1,096,348 325,604
- ----------------------------------------------------------------------------------------------------------------------
109 393 Stores Equipment 6,827
- ----------------------------------------------------------------------------------------------------------------------
110 394 Tools, Shop, and Garage Equipment 321,619 14,319
- ----------------------------------------------------------------------------------------------------------------------
111 395 Laboratory Equipment 208,150 7,520
- ----------------------------------------------------------------------------------------------------------------------
112 396 Power Operated Equipment 1,037,682
- ----------------------------------------------------------------------------------------------------------------------
113 397 Communication Equipment 94,250
- ----------------------------------------------------------------------------------------------------------------------
114 398 Miscellaneous Equipment 14,454
- ----------------------------------------------------------------------------------------------------------------------
115 Subtotal 3,110,768 362,779
- ----------------------------------------------------------------------------------------------------------------------
116 399 Other Tangible Property
- ----------------------------------------------------------------------------------------------------------------------
117 TOTAL General Plant 3,110,768 362,779
- ----------------------------------------------------------------------------------------------------------------------
118 TOTAL (Accounts 101 and 106) 70,201,168 2,303,834
- ----------------------------------------------------------------------------------------------------------------------
119 Gas Plant Purchased (See Instr. 8)
- ----------------------------------------------------------------------------------------------------------------------
120 (Less) Gas Plant Sold (See Instr. 8)
- ----------------------------------------------------------------------------------------------------------------------
121 Experimental Gas Plant Unclassified
- ----------------------------------------------------------------------------------------------------------------------
122 TOTAL Gas Plant in Service 70,201,168 2,303,834
- ----------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 208
<PAGE>
INTERSTATE POWER COMPANY An Original Dec. 31, 1998
(ILLINOIS ONLY)
- --------------------------------------------------------------------------------
GAS PLANT IN SERVICE (Accounts 101, 102, 103, and 106) (Continued)
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Balance at
Retirements Adjustments Transfers End of Year Line
(d) (e) (f) (g) No.
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
88
- ------------------------------------------------------------------------------------------------------------------------------------
20,649 374 89
- ------------------------------------------------------------------------------------------------------------------------------------
2,075 375 90
- ------------------------------------------------------------------------------------------------------------------------------------
32,557 37,354,249 376 91
- ------------------------------------------------------------------------------------------------------------------------------------
377 92
- ------------------------------------------------------------------------------------------------------------------------------------
3,757 359,903 378 93
- ------------------------------------------------------------------------------------------------------------------------------------
856,754 379 94
- ------------------------------------------------------------------------------------------------------------------------------------
83,459 19,016,356 380 95
- ------------------------------------------------------------------------------------------------------------------------------------
146,893 5,812,919 381 96
- ------------------------------------------------------------------------------------------------------------------------------------
382 97
- ------------------------------------------------------------------------------------------------------------------------------------
2,051,919 383 98
- ------------------------------------------------------------------------------------------------------------------------------------
384 99
- ------------------------------------------------------------------------------------------------------------------------------------
815,061 385 100
- ------------------------------------------------------------------------------------------------------------------------------------
4,675 0 386 101
- ------------------------------------------------------------------------------------------------------------------------------------
22,327 0 387 102
- ------------------------------------------------------------------------------------------------------------------------------------
293,668 66,289,885 103
- ------------------------------------------------------------------------------------------------------------------------------------
104
- ------------------------------------------------------------------------------------------------------------------------------------
389 105
- ------------------------------------------------------------------------------------------------------------------------------------
390 106
- ------------------------------------------------------------------------------------------------------------------------------------
346,774 391 107
- ------------------------------------------------------------------------------------------------------------------------------------
132,421 1,289,531 392 108
- ------------------------------------------------------------------------------------------------------------------------------------
6,827 393 109
- ------------------------------------------------------------------------------------------------------------------------------------
335,938 394 110
- ------------------------------------------------------------------------------------------------------------------------------------
215,670 395 111
- ------------------------------------------------------------------------------------------------------------------------------------
10,650 1,027,032 396 112
- ------------------------------------------------------------------------------------------------------------------------------------
94,250 397 113
- ------------------------------------------------------------------------------------------------------------------------------------
14,454 398 114
- ------------------------------------------------------------------------------------------------------------------------------------
143,071 0 3,330,476 115
- ------------------------------------------------------------------------------------------------------------------------------------
399 116
- ------------------------------------------------------------------------------------------------------------------------------------
143,071 0 3,330,476 117
- ------------------------------------------------------------------------------------------------------------------------------------
436,739 0 72,068,263 118
- ------------------------------------------------------------------------------------------------------------------------------------
119
- ------------------------------------------------------------------------------------------------------------------------------------
120
- ------------------------------------------------------------------------------------------------------------------------------------
121
- ------------------------------------------------------------------------------------------------------------------------------------
436,739 0 72,068,263 122
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
FERC FORM NO. 2 Page 209
[FOREIGN UTILITY COMPANY ORGANIZATIONAL CHART APPEARS HERE]
EXHIBIT I
Foreign Utility Company Financial Statements
Alliant Energy International, Inc. (International) was organized as a holding
company for international investments of Alliant Energy Corporation. The assets
of International are primarily debt and equity investments in their subsidiary
companies. In 1998, International had $4.9 million of operating expenses.
Documents incorporated by reference to filings made by IEC under the Securities
Exchange Act of 1934, as amended, are under File No. 1-9894. Documents
incorporated by reference to filings made by IESU under the Securities Exchange
Act of 1934, as amended, are under File No. 0-4117-1. Documents incorporated by
reference to filings made by WP&L under the Securities Exchange Act of 1934, as
amended, are under File No. 0-337. Documents incorporated by reference to
filings made by IPC under the Securities Exchange Act of 1934, as amended, are
under File No. 1-3632.
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Interstate Energy Corporation and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 3,101,680
<OTHER-PROPERTY-AND-INVEST> 1,024,841
<TOTAL-CURRENT-ASSETS> 387,960
<TOTAL-DEFERRED-CHARGES> 103,172
<OTHER-ASSETS> 341,684
<TOTAL-ASSETS> 4,959,337
<COMMON> 776
<CAPITAL-SURPLUS-PAID-IN> 905,130
<RETAINED-EARNINGS> 700,389 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,606,295
24,396
89,102
<LONG-TERM-DEBT-NET> 1,543,131
<SHORT-TERM-NOTES> 51,784
<LONG-TERM-NOTES-PAYABLE> 56,975
<COMMERCIAL-PAPER-OBLIGATIONS> 64,500
<LONG-TERM-DEBT-CURRENT-PORT> 63,414
0
<CAPITAL-LEASE-OBLIGATIONS> 13,755
<LEASES-CURRENT> 11,978
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,434,007
<TOT-CAPITALIZATION-AND-LIAB> 4,959,337
<GROSS-OPERATING-REVENUE> 2,130,874
<INCOME-TAX-EXPENSE> 58,113 <F2>
<OTHER-OPERATING-EXPENSES> 1,847,572
<TOTAL-OPERATING-EXPENSES> 1,847,572 <F2>
<OPERATING-INCOME-LOSS> 283,302
<OTHER-INCOME-NET> 7,548
<INCOME-BEFORE-INTEREST-EXPEN> 290,850
<TOTAL-INTEREST-EXPENSE> 129,363
<NET-INCOME> 103,374
6,699
<EARNINGS-AVAILABLE-FOR-COMM> 96,675
<COMMON-STOCK-DIVIDENDS> 140,679
<TOTAL-INTEREST-ON-BONDS> 95,551
<CASH-FLOW-OPERATIONS> 467,762
<EPS-BASIC> 1.26
<EPS-DILUTED> 1.26
<FN>
<F1>
Includes $163,017 of Accumulated Other Comprehensive Income.
<F2>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of IES Utilities Inc. and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,366,978
<OTHER-PROPERTY-AND-INVEST> 103,333
<TOTAL-CURRENT-ASSETS> 165,025
<TOTAL-DEFERRED-CHARGES> 15,734
<OTHER-ASSETS> 137,908
<TOTAL-ASSETS> 1,788,978
<COMMON> 33,427
<CAPITAL-SURPLUS-PAID-IN> 279,042
<RETAINED-EARNINGS> 275,372
<TOTAL-COMMON-STOCKHOLDERS-EQ> 587,841
0
18,320
<LONG-TERM-DEBT-NET> 602,020
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 50,140
0
<CAPITAL-LEASE-OBLIGATIONS> 13,679
<LEASES-CURRENT> 11,965
<OTHER-ITEMS-CAPITAL-AND-LIAB> 505,013
<TOT-CAPITALIZATION-AND-LIAB> 1,788,978
<GROSS-OPERATING-REVENUE> 806,930
<INCOME-TAX-EXPENSE> 41,494 <F1>
<OTHER-OPERATING-EXPENSES> 651,934
<TOTAL-OPERATING-EXPENSES> 651,934 <F1>
<OPERATING-INCOME-LOSS> 154,996
<OTHER-INCOME-NET> 762
<INCOME-BEFORE-INTEREST-EXPEN> 155,758
<TOTAL-INTEREST-EXPENSE> 52,354
<NET-INCOME> 61,910
914
<EARNINGS-AVAILABLE-FOR-COMM> 60,996
<COMMON-STOCK-DIVIDENDS> 18,840
<TOTAL-INTEREST-ON-BONDS> 46,542
<CASH-FLOW-OPERATIONS> 206,113
<EPS-BASIC> 0 <F2>
<EPS-DILUTED> 0 <F2>
<FN>
<F1>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
<F2>
Earnings per share of common stock is not reflected because all common
shares are held by Interstate Energy Corporation.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Interstate Power Company and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 497,969
<OTHER-PROPERTY-AND-INVEST> 8,350
<TOTAL-CURRENT-ASSETS> 74,700
<TOTAL-DEFERRED-CHARGES> 6,068
<OTHER-ASSETS> 70,276
<TOTAL-ASSETS> 657,363
<COMMON> 34,221
<CAPITAL-SURPLUS-PAID-IN> 108,801
<RETAINED-EARNINGS> 86,511 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 229,533
24,396
10,819
<LONG-TERM-DEBT-NET> 169,778
<SHORT-TERM-NOTES> 21,857
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 450
0
<CAPITAL-LEASE-OBLIGATIONS> 75
<LEASES-CURRENT> 14
<OTHER-ITEMS-CAPITAL-AND-LIAB> 200,441
<TOT-CAPITALIZATION-AND-LIAB> 657,363
<GROSS-OPERATING-REVENUE> 355,889
<INCOME-TAX-EXPENSE> 11,093 <F2>
<OTHER-OPERATING-EXPENSES> 310,399
<TOTAL-OPERATING-EXPENSES> 310,399 <F2>
<OPERATING-INCOME-LOSS> 45,490
<OTHER-INCOME-NET> (814)
<INCOME-BEFORE-INTEREST-EXPEN> 44,676
<TOTAL-INTEREST-EXPENSE> 14,826
<NET-INCOME> 18,757
2,475
<EARNINGS-AVAILABLE-FOR-COMM> 16,282
<COMMON-STOCK-DIVIDENDS> 8,772
<TOTAL-INTEREST-ON-BONDS> 13,066
<CASH-FLOW-OPERATIONS> 63,006
<EPS-BASIC> 0 <F3>
<EPS-DILUTED> 0 <F3>
<FN>
<F1>
Includes $768 of Accumulated Other Comprehensive Income.
<F2>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
<F3>
Earnings per share of common stock is not reflected because all common
shares are held by Interstate Energy Corporation.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Wisconsin Power and Light Company and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,236,733
<OTHER-PROPERTY-AND-INVEST> 150,702
<TOTAL-CURRENT-ASSETS> 106,577
<TOTAL-DEFERRED-CHARGES> 57,637
<OTHER-ASSETS> 133,501
<TOTAL-ASSETS> 1,685,150
<COMMON> 66,183
<CAPITAL-SURPLUS-PAID-IN> 199,438
<RETAINED-EARNINGS> 294,309
<TOTAL-COMMON-STOCKHOLDERS-EQ> 559,930
0
59,963
<LONG-TERM-DEBT-NET> 414,579
<SHORT-TERM-NOTES> 76,799
<LONG-TERM-NOTES-PAYABLE> 56,975
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 516,904
<TOT-CAPITALIZATION-AND-LIAB> 1,685,150
<GROSS-OPERATING-REVENUE> 731,448
<INCOME-TAX-EXPENSE> 24,670 <F1>
<OTHER-OPERATING-EXPENSES> 638,798
<TOTAL-OPERATING-EXPENSES> 638,798 <F1>
<OPERATING-INCOME-LOSS> 92,650
<OTHER-INCOME-NET> 4,178
<INCOME-BEFORE-INTEREST-EXPEN> 96,828
<TOTAL-INTEREST-EXPENSE> 36,584
<NET-INCOME> 35,574
3,310
<EARNINGS-AVAILABLE-FOR-COMM> 32,264
<COMMON-STOCK-DIVIDENDS> 58,341
<TOTAL-INTEREST-ON-BONDS> 33,983
<CASH-FLOW-OPERATIONS> 177,321
<EPS-BASIC> 0 <F2>
<EPS-DILUTED> 0 <F2>
<FN>
<F1>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
<F2>
Earnings per share of common stock is not reflected because all common
shares are held by Interstate Energy Corporation.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Alliant Energy Resources, Inc. and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 753,550
<TOTAL-CURRENT-ASSETS> 92,148
<TOTAL-DEFERRED-CHARGES> 23,563
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 869,261
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 227,508
<RETAINED-EARNINGS> 78,880 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 306,388
0
0
<LONG-TERM-DEBT-NET> 332,753
<SHORT-TERM-NOTES> 1,784
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 12,824
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 215,512
<TOT-CAPITALIZATION-AND-LIAB> 869,261
<GROSS-OPERATING-REVENUE> 238,676
<INCOME-TAX-EXPENSE> (17,232)<F2>
<OTHER-OPERATING-EXPENSES> 247,284
<TOTAL-OPERATING-EXPENSES> 247,284 <F2>
<OPERATING-INCOME-LOSS> (8,608)
<OTHER-INCOME-NET> 5,776
<INCOME-BEFORE-INTEREST-EXPEN> (2,832)
<TOTAL-INTEREST-EXPENSE> 23,298
<NET-INCOME> (8,898)
0
<EARNINGS-AVAILABLE-FOR-COMM> (8,898)
<COMMON-STOCK-DIVIDENDS> 2,011
<TOTAL-INTEREST-ON-BONDS> 1,959
<CASH-FLOW-OPERATIONS> 49,265
<EPS-BASIC> 0 <F3>
<EPS-DILUTED> 0 <F3>
<FN>
<F1>
Includes $162,250 of Accumulated Other Comprehensive Income.
<F2>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
<F3>
Earnings per share of common stock is not reflected because all common
shares are held by Interstate Energy Corporation.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Alliant Energy Corporate Services, Inc. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 433
<TOTAL-CURRENT-ASSETS> 60,573
<TOTAL-DEFERRED-CHARGES> (47)
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 60,959
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 0
<RETAINED-EARNINGS> 0
<TOTAL-COMMON-STOCKHOLDERS-EQ> 0
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 8,030
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 52,929
<TOT-CAPITALIZATION-AND-LIAB> 60,959
<GROSS-OPERATING-REVENUE> 144,391
<INCOME-TAX-EXPENSE> 0
<OTHER-OPERATING-EXPENSES> 143,312
<TOTAL-OPERATING-EXPENSES> 143,312
<OPERATING-INCOME-LOSS> 1,079
<OTHER-INCOME-NET> 1,838
<INCOME-BEFORE-INTEREST-EXPEN> 2,917
<TOTAL-INTEREST-EXPENSE> 2,917
<NET-INCOME> 0
0
<EARNINGS-AVAILABLE-FOR-COMM> 0
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (1,838)
<EPS-BASIC> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1998 Financial Statements of Interstate Energy Corporation - Parent Company
and is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<CURRENCY> U.S.DOLLARS
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,529,259
<TOTAL-CURRENT-ASSETS> 7,339
<TOTAL-DEFERRED-CHARGES> 3,173
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,539,771
<COMMON> 776
<CAPITAL-SURPLUS-PAID-IN> 905,130
<RETAINED-EARNINGS> 537,476
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,443,382
0
0
<LONG-TERM-DEBT-NET> 24,000
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 64,500
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 7,889
<TOT-CAPITALIZATION-AND-LIAB> 1,539,771
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (1,911)<F1>
<OTHER-OPERATING-EXPENSES> 2,304
<TOTAL-OPERATING-EXPENSES> 2,304 <F1>
<OPERATING-INCOME-LOSS> (2,304)
<OTHER-INCOME-NET> 101,341
<INCOME-BEFORE-INTEREST-EXPEN> 99,037
<TOTAL-INTEREST-EXPENSE> 6,016
<NET-INCOME> 94,932
0
<EARNINGS-AVAILABLE-FOR-COMM> 94,932
<COMMON-STOCK-DIVIDENDS> 140,679
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 61,753
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1>
Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
</FN>
</TABLE>
