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As filed with the Securities and Exchange Commission on July 7, 2000
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 7, 2000
<TABLE>
<CAPTION>
Exact name of Registrant as specified
Commission in its charter, address of principal State of I.R.S. Employer
File No. executive offices, telephone number Incorporation Identification No.
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<S> <C> <C> <C>
1-8349 FLORIDA PROGRESS CORPORATION Florida 59-2147112
One Progress Plaza
St. Petersburg, Florida 33701
Telephone (727) 824-6400
1-3274 FLORIDA POWER CORPORATION Florida 59-0247770
One Progress Plaza
St. Petersburg, Florida 33701
Telephone (727) 820-5151
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The address of neither registrant has changed since the last report.
This combined Form 8-K represents separate filings by Florida Progress
Corporation and Florida Power Corporation. Information contained herein
relating to an individual registrant is filed by that registrant on its own
behalf. Florida Power makes no representations as to the information relating
to Florida Progress' diversified operations.
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Item 5. Other Events
In light of ongoing securities offerings by Florida Progress
Corporation ("Florida Progress") and its subsidiaries, including Florida Power
Corporation ("Florida Power") and Progress Capital Holdings, Inc., the
following information is being presented pending distribution of the combined
Florida Progress and Florida Power Quarterly Report on Form 10-Q for the
quarter ended June 30, 2000:
Florida Progress issued an Investor News report dated July 7, 2000
reporting expected second quarter 2000 earnings. A copy of the Investor News
report is filed herewith as Exhibit 99.
A caution about forward looking statements
This report, including the Investor News Report filed herewith,
contains certain forward looking statements, including projections regarding
Florida Progress' earnings per share. These statements, and any other
statements contained herein that are not historical facts, are forward- looking
statements that are based on a series of projections and estimates regarding
the economy, the electric utility business and Florida Progress' other
businesses in general. Key factors that have a direct impact on the ability to
attain these projections include continued annual growth in customers, the
weather, successful cost containment efforts, the operations of synthetic fuel
plants and the efficient operation of Florida Power's existing and future
generating units. If these projections and estimates regarding the economy, the
electric utility business and other factors differ materially from what
actually occurs, or if various legal or regulatory proceedings have unfavorable
outcomes, then actual results could vary significantly from the performance
projected in the forward-looking statements.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
Exhibit Number (by
reference to Item 601
of Regulation S-K) Description of Exhibit
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99 Florida Progress Corporation Investor News report dated
July 7, 2000.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
each registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FLORIDA PROGRESS CORPORATION
FLORIDA POWER CORPORATION
By: /s/ Pamela A. Saari
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Pamela A. Saari
Treasurer of each Registrant
Date: July 7, 2000
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EXHIBIT INDEX
Exhibit No. Description of Exhibit
99 Florida Progress Corporation Investor News report dated
July 7, 2000.
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