SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U5S
ANNUAL REPORT
For the Year Ended December 31, 1999
Filed pursuant to the
Public Utility Holding Company Act of 1935 by
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 3
31, 1999
2. Acquisitions or Sales of Utility Assets 6
3. Issue, Sale, Pledge, Guarantee or Assumption of System 7
Securities
4. Acquisition, Redemption or Retirement of System Securities 10
5. Investments in Securities of Nonsystem Companies as of 18
December 31, 1999
6. Officers and Directors as of December 31, 1999 19
Part I. Name, Principal Business Address and Positions 19
Held as of December 31, 1999
Part II. Financial Connections as of December 31, 1999 29
Part III. Compensation and Other Related Information 29
7. Contributions and Public Relations 30
8. Service, Sales and Construction Contracts 31
Part I. Intercompany Sales and Service 31
Part II. Contracts to Purchase Services or Goods Between 31
any System Company and any Affiliate
Part III. Employment of any Person by any System Company 31
for the Performance on a Continuing Basis of Management
Services
9. Wholesale Generators and Foreign Utility Companies 32
10. Financial Statements and Exhibits 38
Consolidating Financial Statements and Notes 38
Exhibits 38
Signature 45
<PAGE>
ITEM 1. SYSTEM COMPANIES AND INVESTMENTS THEREIN AS OF DECEMBER 31, 1999
<TABLE>
<CAPTION>
Number of % of Issuer/Owner
Common Voting Book Value
Name of Company Shares Owned Power (in thousands)
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Alliant Energy Corporation (Alliant Energy)
IES Utilities Inc. (IESU) 13,370,788 100% $565,422
M&I Services Partnership (*) 33% 48
EnviroGas L.P. (*) 50% Nominal
Wisconsin Power and Light Company (WP&L) 13,236,601 100% 599,097
South Beloit Water, Gas & Electric Company (South 24,400 100% 34,299
Beloit)
Wisconsin River Power Company 31,200 33% 15,772
Wisconsin Valley Improvement Company 18,605 12% 1,793
Interstate Power Company (IPC) 9,777,432 100% 224,517
Alliant Energy Corporate Services, Inc. (Corporate 100 100% --
Services)
Alliant Energy Nuclear, L.L.C. (***) (*) 100% 502
Nuclear Management Company, L.L.C. (***) (*) 25% 2,007
WPL Holdings Commodities Trading L.L.C. (**) (*) 100% --
Cargill-Alliant, L.L.C. (*) 50% 13,995
Alliant Energy Resources, Inc. (Resources) 100 100% 814,212
Capital Square Financial Corporation (Cap. Square) 200 100% 9,169
Henwood Energy Services, Inc. 595,400 17% 4,417
Alliant Energy Industrial Services, Inc. (ISCO) 1,000 100% 69,889
Whiting Petroleum Corporation (Whiting) 1,000 100% 39,057
Whiting Programs, Inc. 100 100% 26,711
WOK Acquisition Company (**) 1,000 100% --
WAH Royalty Company 100 100% 4,385
Whiting - Golden Gas Production Company 4,500 100% 10,039
Industrial Energy Applications, Inc. (IEA) 100,000 100% 11,321
BFC Gas Company L.L.C. (BFC Gas) (*) 60% 3,351
Energys, Inc. 10 100% 1,913
Schedin & Associates, Inc. 100 100% (169)
Industrial Energy Applications Delaware Inc. 1 100% 10,437
Oak Hill Pipeline L.P. (Oak Hill) (*) 99% 9,952
Alliant South Texas Pipeline, L.P. (***) (*) 90% 8,567
Ely, Inc. (**) 500 69% --
RMT, Inc. 100 100% 18,433
Residuals Management Technology, Inc., Ohio 48 48% --
RMT North Carolina, Inc. (f/k/a RMT, Inc., 1,000 100% --
North Carolina)
RMT, Inc., Michigan 100 100% --
RMT International, Inc. 1,000 100% --
Heartland Energy Group, Inc. 1,000 100% 2,662
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Number of % of Issuer/Owner
Common Voting Book Value
Name of Company Shares Owned Power (in thousands)
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Alliant Energy Transportation, Inc. 1,000 100% 21,699
IEI Barge Services, Inc. (Barge) 236 75% 3,215
Transfer Services, Inc. (Transfer) 1,000 100% 1,156
Williams Bulk Transfer Inc. (***) 100 100% (22)
Cedar Rapids & Iowa City Railway Company 1,000 100% 27,028
(CRANDIC)
Heartland Rail Corporation 2,000 18% 18,775
Alliant Energy Investments, Inc. (Investments) 1,000 100% 696,565
Village Lakeshares Inc. (Lakeshares) 10 100% 1,975
Village Lakeshares, L.P. (Other 33% owned by (*) 67% 2,286
Investments)
Iowa Land and Building Company (Iowa Land) 2,000 100% 4,036
Prairie Ridge Business Park, L.C. (*) 70% 1,050
Center Place Limited Partnership (Center (*) 29% 53
Place)(19% owned by 2001 Development
Corporation)
McLeodUSA Inc. (McLeod) (Investments also owns 16,240,914 10% 1,108,500
2,601,376 Options in McLeod)
Blairs Ferry Limited Partnership (*) 84% 464
Alliant Energy Investco, Inc. (Investco) 1,000 100% 512
2001 Development Corporation 450,038 55% 7,816
2002 Development Corporation 1 55% 169
Center Place (29% owned by Iowa Land) (*) 19% 53
2060 Partnership, L.P. (*) 44% 1,846
3001 L.L.C. (*) 27% 2,670
OSADA I Limited Partnership (*) 53% 3,744
Atlantic-Sundance Apartments, L.P. (Sundance) (*) 100% 962
(Also owned by Heartland Properties, Inc.)
Village Lakeshares, L.P. (Other 67% owned by (*) 33% 2,286
Village Lakeshares Inc.)
Heartland Energy Services, Inc. 700 100% 85
ReGENco L.L.C. (***) (*) 30% 2,455
Heartland Properties, Inc. (HPI) 100 100% 48,870
McLeod (10% owned by Investments) 284,902 -- 1,108,500
Sundance (Remainder owned by Investments) (*) -- 962
Wagon Wheel L.P. (99% owned by Investments) (*) -- 806
(***)
Fort Madison IHA Senior Housing L.P. (99% (*) -- 480
owned by Investments) (***)
Wagon Wheel L.P. (Also owned by HPI) (***) (*) 99% 806
Fort Madison IHA Senior Housing L.P. (Also (*) 99% 480
owned by HPI) (***)
Alliant Energy International, Inc. (International) 1,000 100% 16,453
Interstate Energy Corporation PTE Limited 100% 30,112
2
Jiaxing JIES Power & Heat Company Limited Registered 50% 28,134
Capital
Tongxiang TIES Power & Heat Company Limited Registered 50% 26,312
Capital
Alliant Energy Brazil, Inc. 1,000 100% --
Alliant Energy Holdings do Brasil Limitada 800 Quotas 80% --
(f/k/a Centelha do Oeste Empreendimentos E
Participacoes S/C Limitada (Other 20% owned
by Resources)
Alliant Energy do Brasil Limitada (f/k/a 999 Quotas -- 127
Alliant Do Brasil Limitada)(Remainder owned
by Resources)
Alliant International New Zealand Limited (New 24,858,503 100% 102,668
Zealand)
Alliant Energy Australia Pty. Limited (***) 32,134,439 100% 19,929
Infratil Australia Limited (Infratil AUS) 33,825,620 10% 169,493
(***)
Grandelight Holding Limited 100,000 100% 648
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Number of % of Issuer/Owner
Common Voting Book Value
Name of Company Shares Owned Power (in thousands)
- --------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Peak Pacific Investment Co. Limited 495 Voting 50% 39,804
Preference
"A",
31,955,342
Non- Voting
Pref. "A"
Shijiazhuang Chengfeng Heat and Power Co. Registered 35% 7,669
Limited Capital
Handan Chengfeng Heat and Power Co. Registered 37% --
Limited (**) Capital
Jinan Yaqing Heat and Power Co. Limited Registered 33% 4,046
Capital
Peak Pacific Investment Co. (Labuan) BHD 3 50% (407)
Henan Anfeng Electric Power Co. Limited Registered 35% 8,953
(***) Capital
Henan Yongfeng Electric Power Co. Limited Registered 35% 9,029
(***) Capital
Alliant Energy de Mexico, S. de R.L. de C.V. 2,999 100% --
(Also owned by Alliant Energy de Mexico Participation
L.L.C.) Units
Alliant Energy Operaciones de Mexico, S. de 2,999 100% --
R.L. de C.V. (Also owned by Alliant Participation
Energy de Mexico L.L.C.) Units
Alliant Energy Servicios de Mexico, S. de 2,999 100% --
R.L. de C.V. (Also owned by Alliant Participation
Energy de Mexico L.L.C.) Units
Alliant Energy de Mexico L.L.C. (*) 100% --
Alliant Energy de Mexico, S. de R.L. de C.V. 1 -- --
(Remainder owned by International) Participation
Unit
Alliant Energy Operaciones de Mexico, S. de 1 -- --
R.L. de C.V. (Remainder owned by Participation
Alliant Energy de Mexico, S. de Unit
R.L. de C.V.)
Alliant Energy Servicios de Mexico, S. de 1 -- --
R.L. de C.V. (Remainder owned by Participation
Alliant Energy de Mexico, S. de Unit
R.L. de C.V.)
Alliant Energy Renewable Resources Limited 120 100% --
(***)
Alliant Energy Holdings do Brasil Limitada (f/k/a 200 Quotas 20% --
Centelha do Oeste Empreendimentos E Participacoes
S/C Limitada (Other 80% owned by International)
Alliant Energy do Brasil Limitada (f/k/a Alliant 961,162 100% 127
Do Brasil Limitada) (Also owned by International) Quotas
* Noncorporate subsidiaries (Partnerships, limited partnerships, limited liability companies, etc.)
** Inactive
*** Subsidiaries added during the year ended December 31, 1999 (described below):
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Jurisdiction Date Date
of of of
Name of Company Organization Organization Acquisition Description of Business
- ----------------------------------------- -------------- -------------- -------------- ----------------------------------------
<S> <C> <C> <C> <C>
Alliant Energy Nuclear, L.L.C. State of Iowa 11/1/99 11/1/99 Purpose of the company is to hold an
investment in Nuclear Management
Company, L.L.C.
Nuclear Management Company, L.L.C. State of 11/1/99 11/1/99 Purpose of the company is to sustain
Wisconsin long-term safety, optimize reliability
and improve the operational
performance of seven nuclear
generating units at five plants.
Alliant South Texas Pipeline, L.P. State of 4/20/99 4/20/99 Purpose of the company is to acquire,
Texas develop and operate a pipeline and
other related facilities.
Williams Bulk Transfer Inc. State of Iowa 4/27/99 4/27/99 Purpose of the company is to provide
coal and bulk material transload and
storage services.
ReGENco L.L.C. State of 4/19/99 11/16/99 Purpose of the company is to market
Wisconsin and provide turbine and generator
repair and upgrade services,
consulting services related to
turbines and generators and related
project management, engineering and
marketing services.
Wagon Wheel L.P. State of Iowa 10/11/96 11/1/99 Purpose of the company is to invest in
affordable housing.
Fort Madison IHA Senior Housing L.P. State of Iowa 6/3/97 10/1/99 Purpose of the company is to invest in
affordable housing.
Alliant Energy Australia Pty. Limited Australia 8/6/99 8/29/99 Purpose of the company is to invest in
utility and energy related
businesses.
Infratil Australia Limited Australia 12/95 6/10/99 Purpose of the company is through
subsidiaries, to own, operate, manage
and invest in energy projects and
other utility-related assets.
Henan Anfeng Electric Power Co. Limited People's 1/20/99 9/17/99 Purpose of the company is to generate
Republic of electricity.
China
Henan Yongfeng Electric Power Co. People's 1/20/99 9/17/99 Purpose of the company is to generate
Limited Republic of electricity.
China
Alliant Energy Renewable Resources Bermuda 11/22/99 11/22/99 Purpose of the company is to invest,
Limited together with other unrelated
investors, in a portfolio of small
electricity generation projects fueled
primarily from renewable energy
sources which are located in emerging
foreign markets.
</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
<PAGE>
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
<TABLE>
<CAPTION>
Principal
Amount or
Name of Stated
Name of Issuer Company Value Proceeds
Issuing ------------- Before
and or Selling Issued Date of Issuance Commission
Title of Issue Securities and Sold Transaction Expenses Authorization
- ------------------------------------- -------------------- -------------- -------------- -------------- ------------------------
<S> <C> <C> <C> <C> <C>
City of Sherburn, Minnesota IPC $3,250,000 2/11/99 $3,250,000 Rule 52 (See SEC
- ---------------------------
Variable/fixed rate demand Citation Release No.
pollution control revenue bonds 35-26946 of Docket
(IPC Project) 1845, dated November
Series 1999, due 2/1/10 25, 1998)
City of Salix, Iowa IPC 7,700,000 3/23/99 7,700,000 Rule 52 (See SEC
- -------------------
Variable/fixed rate demand Citation Release No.
pollution control revenue bonds 35-26946 of Docket
(IPC Project) 1845, dated November
Series 1999, due 1/1/13 25, 1998)
Resources Resources 250,000,000 11/9/99 247,000,000 Rule 52
- ---------
7 3/8% senior notes, due 11/9/09
Fully and unconditionally
guaranteed by Alliant Energy
Oak Hill Oak Hill 30,000 11/26/99 30,000 Rule 52
- --------
Bank One, NA
Note, 10.04%, due 11/26/02
Lakeshares Lakeshares 53,945 11/17/99 53,945 Rule 52
- ----------
Liberty Bank
Note, 8.5%, due 11/17/03
BFC Gas BFC Gas 24,631 6/15/99 24,631 Rule 52
- -------
Toyota Motor Corporation
Note, 6.75%, due 6/15/04
HPI HPI 5,245,000 12/29/99 5,245,000 Rule 52
- --- ---
Housing Authority of the City of Mills II Project
Appleton, WI
Series 1999, Multifamily Housing
Adjustable Rate Revenue
Refunding Bonds (MFHRB), due
2/1/36
HPI HPI 2,620,000 12/29/99 2,620,000 Rule 52
- --- ---
Dane County Housing Authority McFarland
Series 1999, MFHRB, due 2/1/36 Cottages Project
</TABLE>
<PAGE>
<TABLE>
<CAPTION> Principal
Amount or
Name of Stated
Name of Issuer Company Value Proceeds
Issuing ------------- Before
and or Selling Issued Date of Issuance Commission
Title of Issue Securities and Sold Transaction Expenses Authorization
- ------------------------------------- -------------------- -------------- -------------- -------------- ------------------------
<S> <C> <C> <C> <C> <C>
HPI HPI 685,000 12/29/99 685,000 Rule 52
- --- ---
Housing Authority of the City of Balzer Wagon
Sheboygan, WI Works Project
Series 1999, MFHRB, due 2/1/36
HPI HPI 2,810,000 12/29/99 2,810,000 Rule 52
- --- ---
Housing Authority of the City of Jung Shoe Project
Sheboygan, WI
Series 1999, MFHRB, due 2/1/36
HPI HPI 1,285,000 12/29/99 1,285,000 Rule 52
- --- ---
Housing Authority of the City of 8th Street Lofts
Sheboygan, WI Project
Series 1999, MFHRB, due 2/1/36
HPI HPI 2,535,000 12/29/99 2,535,000 Rule 52
- --- ---
Dane County Housing Authority Vandenburg
Series 1999, MFHRB, due 2/1/36 Heights Project
HPI HPI 3,900,000 12/29/99 3,900,000 Rule 52
- --- ---
Brown County Housing Authority Lawton Foundry
Series 1999, MFHRB, due 2/1/36 Project
HPI HPI 84,482 11/1/99 84,482 Rule 52
- --- ---
Home S&L The Falconer
6.95%, due November 2002
HPI HPI 40,000 8/1/99 40,000 Rule 52
- --- ---
Firstar Bank YWCA Limited
8.75%, due August 2006 Partnership and
Joint Venture
HPI HPI 555,661 12/1/99 555,661 Rule 52
- --- ---
Firstar Bank Plymouth
8.5%, due December 2004
HPI HPI 164,263 2/1/99 164,263 Rule 52
- --- ---
WHEDA Prairie du Chien
6.65%, due February 2029
HPI HPI 928,108 2/1/99 928,108 Rule 52
- --- ---
Firstar Bank Sheboygan Falls
7.81%, due February 2004
HPI HPI 481,755 2/1/99 481,755 Rule 52
- --- ---
WHEDA Holmen
6.65%, due February 2029
</TABLE>
<PAGE>
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
(Continued)
<TABLE>
<CAPTION>
The following items are recurring transactions of system companies:
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>
Alliant Energy Alliant Energy $235,825,000 $240,825,000 12/27/99 5.44%
Commercial Paper
Resources Resources 138,848,000 367,000,000 11/1/99 5.26%
Commercial Paper
</TABLE>
The following items are financial guarantees and commitments of system
companies:
At December 31, 1999, IESU had a financial guarantee of $16,285,022
outstanding for the payment from IES Utilities Trust No. 1994-A to the
First Security Bank of Utah as Owner Trustee, related to the financing of
the Alliant Energy Tower office building lease in Cedar Rapids, Iowa. The
highest amount outstanding during 1999 was $16,715,018 and no consideration
was received by IESU related to this financial guarantee.
At December 31, 1999, IESU had a financial guarantee of $1,052,051
outstanding for the payment from Keokuk Ferro-Sil, Inc. to the Keokuk
Savings Bank and Trust Company, related to the financing of the purchase of
transformers for use in Keokuk Ferro-Sil, Inc.'s industrial facility. The
highest amount outstanding during 1999 was $1,169,784 and no consideration
was received by IESU related to this financial guarantee.
At December 31, 1999, HPI had extended commitments to provide $6,112,000 in
nonrecourse, permanent financing to developers which were secured by
affordable housing properties. HPI anticipates other lenders will
ultimately finance these properties. The highest amount outstanding during
1999 was $19,177,250 and no consideration was received by HPI other than
the purpose of the commitments described above.
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- -------------------------------------------------- ----------------------------------------
<S> <C> <C>
IESU IESU $140,000
- ----
City of Salix, Iowa
5.75% Pollution Control Revenue Bonds
(Iowa Southern Utilities Company Project)
Series 1973, Due serially June 1, 1999 to 2003
IESU IESU 50,000,000
- ----
7.6% First Mortgage Bonds,
Series Z, Due March 1, 1999
IPC IPC 7,700,000
- ---
City of Salix, Iowa
6-3/8% Pollution Control Revenue Bonds
Series 1977, Due serially April 1, 1999 to 2007
IPC IPC 3,250,000
- ---
City of Sherburn, Minnesota
6-3/8% Pollution Control Revenue Bonds
Series 1977, Due serially April 1, 1999 to 2007
Oak Hill
- --------
Bank One, N.A. Oak Hill 13,161
8.74% Note, Due August 2001
Center Place
- ------------
Norwest Bank Iowa, N.A. Center Place 34,111
8.125% Note, Due October 2013
RMT, Inc.
- ---------
American Family Life Insurance Company RMT, Inc. 4,367,769
7.85% Note, Due April 2005
Lakeshares
- ----------
Liberty Bank Lakeshares 9,832
8.5% Note, Due November 2003
BFC Gas
- -------
Toyota Motor Corporation BFC Gas 2,091
6.75% Note, Due June 2004
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- ----------------------------------------------------------- ------------------------------------------ ---------------------
<S> <C> <C>
2002 Development Corporation
- ----------------------------
Brenton Bank 2002 Development Corporation 1,464,013
7% Note, Due October 2003
2060 Partnership L.P.
- --------------------
Firstar Bank Iowa, N.A. 2060 Partnership L.P. 317,168
7.15% Note, Due July 2004
HPI HPI
- --- ---
Housing Authority - City of Appleton, WI Heartland Affordable Housing (HAH) - 5,365,000
MFHRB, Series 1991 A, 5.7%, Due February 2024 Appleton Phase II Joint Venture Project
HPI HPI
- --- ---
Housing Authority - City of Appleton, WI HAH - Appleton Phase II Joint Venture Project 35,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Housing Authority - City of Antigo, WI HAH - Antigo Depot, Inc. Project 25,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Community Development Authority - City of Berlin, WI HAH - Berlin North River, Inc. Project 5,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Community Development Authority - City of Berlin, WI HAH - Berlin WP&L, Inc. Project 10,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Community Development Authority - City of Berlin, WI HAH - Berlin WP&L, Inc. Project 30,000
MFHRB, Series 1991 B, 5.7%, Due February 2004
HPI HPI
- --- ---
Housing Authority - City of Marinette, WI HAH - Marinette, Inc. Project 80,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Housing Authority - City of Marinette, WI HAH - Marinette, Inc. Project 215,000
MFHRB, Series 1991 B, 5.7%, Due February 2004
HPI HPI
- --- ---
Multifamily Housing Revenue Bond HAH - Marshfield Project 21,000
7.55%, Due February 2024
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- -------------------------------------------------- ------------------------------------- ------------------
<S> <C> <C>
HPI HPI
- --- ---
Housing Authority - Dane County, WI HAH - McFarland, Inc. Project 2,650,000
MFHRB, Series 1991 A, 5.9%, Due February 2024
HPI HPI
- --- ---
Housing Authority - Dane County, WI HAH - McFarland, Inc. Project 60,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Multifamily Housing Revenue Bond HAH - Pardeeville Project 7,000
7.55%, Due February 2024
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Balzer, Inc. Project 520,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Balzer, Inc. Project 260,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Jung, Inc. Project 2,135,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Jung, Inc. Project 1,090,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Leverenz, Inc. Project 1,020,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI HPI
- --- ---
Housing Authority - City of Sheboygan, WI HAH - Sheboygan Leverenz, Inc. Project 440,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Housing Authority - Dane County, WI HAH - Sun Prairie, Inc. Project 2,340,000
MFHRB, Series 1991 A, 5.7%, Due February 2024
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- --------------------------------------------------------- ------------------------------------- ---------------------
<S> <C> <C>
HPI HPI
- --- ---
Housing Authority - Dane County, WI HAH - Sun Prairie, Inc. Project 415,000
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI HPI
- --- ---
Multifamily Housing Revenue Bond, Series A HAH - Verona Project 25,000
7.55%, Due February 2024
HPI HPI
- --- ---
Housing Authority - Brown County, WI HAH - DePere, Inc. Project 3,310,000
MFHRB, Series 1992 A, 4.2%, Due February 2024
HPI HPI
- --- ---
Housing Authority - Brown County, WI HAH - DePere, Inc. Project 1,110,000
MFHRB, Series 1992 B, 4.2%, Due February 2004
HPI HPI
- --- ---
MFHRB, Series A, 7%, Due February 2024 Marshfield Tower Hall 10,000
HPI HPI
- --- ---
Multifamily Housing Revenue Bond Pardeeville II 6,000
Series A, 7.55%, Due February 2024
HPI HPI
- --- ---
Station House FmHA Station House 3,320
1%, Due December 2041
HPI HPI
- --- ---
WHEDA Historic Lincoln Limited Partnership 53,296
8.25%, Due September 2021
HPI HPI
- --- ---
City of Appleton Historic Ravine L.P. 15,693
6.50%, Due July 2014
HPI HPI
- --- ---
Brittan House Apartments WHEDA Beloit SRO Limited Partnership 22,352
6.65%, Due January 2009
HPI HPI
- --- ---
Brittan House Apartments City of Beloit Beloit SRO Limited Partnership 271
3.00%, Due February 2011
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- --------------------------------------------------------- --------------------------------------- ---------------------
<S> <C> <C>
HPI HPI
- --- ---
Romeis Millstream II Apartments WHEDA Chippewa Falls 52,372
7.53%, Due April 2009
HPI HPI
- --- ---
Kingston Court Apartments FmHA Coloma 1,359
1.00%, Due July 2028
HPI HPI
- --- ---
City's Edge Apartments FmHA Barlow 1,283
1.00%, Due March 2040
HPI HPI
- --- ---
City Square Apartments FmHA Barlow 1,146
1.00%, Due October 2040
HPI HPI
- --- ---
Home S&L Avenue Limited Partnership 55,063
8.50%, Due March 2005
HPI HPI
- --- ---
Home S&L The Falconer 2,243
6.00%, Due November 2006
HPI HPI
- --- ---
City of Madison The Falconer 85,677
4.00%, Due October 1999
HPI HPI
- --- ---
Williamstown Bay East Apartments WHEDA The Falconer 5,943
10.75%, Due December 2020
HPI HPI
- --- ---
Williamstown Bay North Apartments WHEDA Dryden Drive 9,221
10.75%, Due December 2020
HPI HPI
- --- ---
City of Madison YWCA Limited Partnership and Joint Venture 38,861
4%, Due September 1999
HPI HPI
- --- ---
Firstar Bank YWCA Limited Partnership and Joint Venture 701
8.75%, Due August 2006
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- -------------------------------------------------- ----------------------------------------
<S> <C> <C>
HPI HPI
- --- ---
Valley Bank Manitowoc 19,765
8.63%, Due December 2016
HPI HPI
- --- ---
Portage Village House Apartments FNMA HAH - Northland 8,393
9.88%, Due January 2005
HPI HPI
- --- ---
Firstar Bank Plymouth 555,661
9.8%, Due December 1999
HPI HPI
- --- ---
Firstar Bank Plymouth 6,007
8.5%, Due December 2004
HPI HPI
- --- ---
WHEDA Prairie du Chien 164,263
6.50%, Due March 1999
HPI HPI
- --- ---
WHEDA Prairie du Chien 2,374
6.65%, Due February 2029
HPI HPI
- --- ---
Twin Lake Meadowview Village Apartments FmHA Prairie du Chien 5,382
8.25%, Due November 2028
HPI HPI
- --- ---
City of Wausau HAH - Wausau 4,955
3.00%, Due July 2006
HPI HPI
- --- ---
Citizens Bank & Trust HAH - Wausau 10,453
10.00%, Due September 2000
HPI HPI
- --- ---
Valley View Apartments FmHA Barlow 1,904
1.00%, Due March 2040
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- --------------------------------------------------------- --------------------------- ---------------------
<S> <C> <C>
HPI HPI
- --- ---
Farmers & Merchants Bank Whitney 3,329
8.50%, Due December 2002
HPI HPI
- --- ---
WHEDA Fond du Lac 6,616
6.65%, Due January 2003
HPI HPI
- --- ---
Park Bank Madison Fairwood Arms 8,913
8.00%, Due March 2008
HPI HPI
- --- ---
Gallina Madison Fairwood Arms 3,129
8.00%, Due March 2008
HPI HPI
- --- ---
WHEDA HAH - Oregon 8,624
6.65%, Due September 2012
HPI HPI
- --- ---
WHEDA Platteville 3,270
6.65%, Due January 2012
HPI HPI
- --- ---
FmHA Portage 3,647
10.25%, Due June 2024
HPI HPI
- --- ---
Peoples State Bank PDC - Liberty Place 4,123
7.95%, Due January 2000
HPI HPI
- --- ---
WHEDA Reedsburg 8,545
6.65%, Due September 2012
HPI HPI
- --- ---
FmHA Reedsburg 5,469
9.00%, Due January 2024
HPI HPI
- --- ---
Valley Bank Sheboygan Sunnyside 9,536
8.25%, Due October 2007
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Name of Company Principal Amount
Name of Issuer Redeeming or Redeemed or
and Title of Issue Retiring Securities Retired
- -------------------------------------------------- ----------------------------------------
<S> <C> <C>
HPI HPI
- --- ---
Firstar Bank Sheboygan Falls 946,524
7.60%, Due February 1999
HPI HPI
- --- ---
WHEDA Holmen 488,870
6.65%, Due January 1999
HPI HPI
- --- ---
FmHA Paddock Lake 2,109
8.25%, Due June 2042
HPI HPI
- --- ---
FmHA Port Ed. 1 1,583
10.25%, Due June 2024
HPI HPI
- --- ---
FmHA Port Ed. 2 1,806
10.25%, Due June 2024
HPI HPI
- --- ---
First Union Beloit WT 13,449
8.38%, Due June 2028
HPI HPI
- --- ---
Steamboat Steamboat 6,568,432
7.15%, Due October 2035
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- -------------------------------------------------- ---------------------------------- ---------------
<S> <C> <C> <C>
IESU $140,000 D No authorization
- ----
City of Salix, Iowa required
5.75% Pollution Control Revenue Bonds
(Iowa Southern Utilities Company Project)
Series 1973, Due serially June 1, 1999 to 2003
IESU 50,000,000 E Rule 42
- ----
7.6% First Mortgage Bonds,
Series Z, Due March 1, 1999
IPC 7,700,000 E No authorization
- ----
City of Salix, Iowa required
6-3/8% Pollution Control Revenue Bonds
Series 1977, Due serially April 1, 1999 to 2007
IPC 3,250,000 E No authorization
- ----
City of Sherburn, Minnesota required
6-3/8% Pollution Control Revenue Bonds
Series 1977, Due serially April 1, 1999 to 2007
Oak Hill
- --------
Bank One, N.A. 13,161 D Rule 42
8.74% Note, Due August 2001
Center Place
- ------------
Norwest Bank Iowa, N.A. 34,111 D Rule 42
8.125% Note, Due October 2013
RMT, Inc.
- ---------
American Family Life Insurance Company 4,367,769 E Rule 42
7.85% Note, Due April 2005
Lakeshares
- ----------
Liberty Bank 9,832 D Rule 42
8.5% Note, Due November 2003
BFC Gas
- -------
Toyota Motor Corporation 2,091 D Rule 42
6.75% Note, Due June 2004
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- ----------------------------------------------------------- ------------------ ------------------- -------------------
<S> <C> <C> <C>
2002 Development Corporation
- ----------------------------
Brenton Bank 1,464,013 E Rule 42
7% Note, Due October 2003
2060 Partnership L.P.
- ---------------------
Firstar Bank Iowa, N.A. 317,168 D Rule 42
7.15% Note, Due July 2004
HPI
- ---
Housing Authority - City of Appleton, WI 5,365,000 E Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Housing Authority - City of Appleton, WI 35,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Housing Authority - City of Antigo, WI 25,000 D Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Community Development Authority - City of Berlin, WI 5,000 D Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Community Development Authority - City of Berlin, WI 10,000 D Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Community Development Authority - City of Berlin, WI 30,000 D Rule 42
MFHRB, Series 1991 B, 5.7%, Due February 2004
HPI
- ---
Housing Authority - City of Marinette, WI 80,000 D Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Housing Authority - City of Marinette, WI 215,000 D Rule 42
MFHRB, Series 1991 B, 5.7%, Due February 2004
HPI
- ---
Multifamily Housing Revenue Bond 21,000 D Rule 42
7.55%, Due February 2024
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- -------------------------------------------------- ---------------------------------- ---------------
<S> <C> <C> <C>
HPI
- ---
Housing Authority - Dane County, WI 2,650,000 E Rule 42
MFHRB, Series 1991 A, 5.9%, Due February 2024
HPI
- ---
Housing Authority - Dane County, WI 60,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Multifamily Housing Revenue Bond 7,000 D Rule 42
7.55%, Due February 2024
HPI
- ---
Housing Authority - City of Sheboygan, WI 520,000 E Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Housing Authority - City of Sheboygan, WI 260,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Housing Authority - City of Sheboygan, WI 2,135,000 E Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Housing Authority - City of Sheboygan, WI 1,090,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Housing Authority - City of Sheboygan, WI 1,020,000 E Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
HPI
- ---
Housing Authority - City of Sheboygan, WI 440,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Housing Authority - Dane County, WI 2,340,000 E Rule 42
MFHRB, Series 1991 A, 5.7%, Due February 2024
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- ------------------------------------------------------------ ------------------ ------------------- -------------------
<S> <C> <C> <C>
HPI
- ---
Housing Authority - Dane County, WI 415,000 E Rule 42
MFHRB, Series 1991 B, 4.2%, Due February 2004
HPI
- ---
Multifamily Housing Revenue Bond, Series A 25,000 D Rule 42
7.55%, Due February 2024
HPI
- ---
Housing Authority - Brown County, WI 3,310,000 E Rule 42
MFHRB, Series 1992 A, 4.2%, Due February 2024
HPI
- ---
Housing Authority - Brown County, WI 1,110,000 E Rule 42
MFHRB, Series 1992 B, 4.2%, Due February 2004
HPI
- ---
MFHRB, Series A, 7%, Due February 2024 10,000 D Rule 42
HPI
- ---
Multifamily Housing Revenue Bond 6,000 D Rule 42
Series A, 7.55%, Due February 2024
HPI
- ---
Station House FmHA 3,320 D Rule 42
1%, Due December 2041
HPI
- ---
WHEDA 53,296 D Rule 42
8.25%, Due September 2021
HPI
- ---
City of Appleton 15,693 D Rule 42
6.50%, Due July 2014
HPI
- ---
Brittan House Apartments WHEDA 22,352 D Rule 42
6.65%, Due January 2009
HPI
- ---
Brittan House Apartments City of Beloit 271 D Rule 42
3.00%, Due February 2011
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- ----------------------------------------------------------- ------------------ ------------------- -------------------
<S> <C> <C> <C>
HPI
- ---
Romeis Millstream II Apartments WHEDA 52,372 D Rule 42
7.53%, Due April 2009
HPI
- ---
Kingston Court Apartments FmHA 1,359 D Rule 42
1.00%, Due July 2028
HPI
- ---
City's Edge Apartments FmHA 1,283 D Rule 42
1.00%, Due March 2040
HPI
- ---
City Square Apartments FmHA 1,146 D Rule 42
1.00%, Due October 2040
HPI
- ---
Home S&L 55,063 D Rule 42
8.50%, Due March 2005
HPI
- ---
Home S&L 2,243 D Rule 42
6.00%, Due November 2006
HPI
- ---
City of Madison 85,677 E Rule 42
4.00%, Due October 1999
HPI
- ---
Williamstown Bay East Apartments WHEDA 5,943 D Rule 42
10.75%, Due December 2020
HPI
- ---
Williamstown Bay North Apartments WHEDA 9,221 D Rule 42
10.75%, Due December 2020
HPI
- ---
City of Madison 38,861 E Rule 42
4%, Due September 1999
HPI
- ---
Firstar Bank 701 D Rule 42
8.75%, Due August 2006
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- -------------------------------------------------- ---------------------------------- ---------------
<S> <C> <C> <C>
HPI
- ---
Valley Bank 19,765 D Rule 42
8.63%, Due December 2016
HPI
- ---
Portage Village House Apartments FNMA 8,393 D Rule 42
9.88%, Due January 2005
HPI
- ---
Firstar Bank 555,661 E Rule 42
9.8%, Due December 1999
HPI
- ---
Firstar Bank 6,007 D Rule 42
8.5%, Due December 2004
HPI
- ---
WHEDA 164,263 E Rule 42
6.50%, Due March 1999
HPI
- ---
WHEDA 2,374 D Rule 42
6.65%, Due February 2029
HPI
- ---
Twin Lake Meadowview Village Apartments FmHA 5,382 D Rule 42
8.25%, Due November 2028
HPI
- ---
City of Wausau 4,955 D Rule 42
3.00%, Due July 2006
HPI
- ---
Citizens Bank & Trust 10,453 D Rule 42
10.00%, Due September 2000
HPI
- ---
Valley View Apartments FmHA 1,904 D Rule 42
1.00%, Due March 2040
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- ----------------------------------------------------------- ------------------ ------------------- -------------------
<S> <C> <C> <C>
HPI
- ---
Farmers & Merchants Bank 3,329 D Rule 42
8.50%, Due December 2002
HPI
- ---
WHEDA 6,616 D Rule 42
6.65%, Due January 2003
HPI
- ---
Park Bank 8,913 D Rule 42
8.00%, Due March 2008
HPI
- ---
Gallina 3,129 E Rule 42
8.00%, Due March 2008
HPI
- ---
WHEDA 8,624 D Rule 42
6.65%, Due September 2012
HPI
- ---
WHEDA 3,270 D Rule 42
6.65%, Due January 2012
HPI
- ---
FmHA 3,647 D Rule 42
10.25%, Due June 2024
HPI
- ---
Peoples State Bank 4,123 D Rule 42
7.95%, Due January 2000
HPI
- ---
WHEDA 8,545 D Rule 42
6.65%, Due September 2012
HPI
- ---
FmHA 5,469 D Rule 42
9.00%, Due January 2024
HPI
- ---
Valley Bank 9,536 D Rule 42
8.25%, Due October 2007
</TABLE>
<PAGE>
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES (Continued)
<TABLE>
<CAPTION>
Extinguished (E) Commission
or Held for Authorization
Name of Issuer Further or
and Title of Issue Consideration Disposition (D) Exemption
- -------------------------------------------------- ---------------------------------- ---------------
<S> <C> <C> <C>
HPI
- ---
Firstar Bank 946,524 E Rule 42
7.60%, Due February 1999
HPI
- ---
WHEDA 488,870 E Rule 42
6.65%, Due January 1999
HPI
- ---
FmHA 2,109 D Rule 42
8.25%, Due June 2042
HPI
- ---
FmHA 1,583 D Rule 42
10.25%, Due June 2024
HPI
- ---
FmHA 1,806 D Rule 42
10.25%, Due June 2024
HPI
- ---
First Union 13,449 D Rule 42
8.38%, Due June 2028
HPI
- ---
Steamboat 6,568,432 E Rule 42
7.15%, Due October 2035
</TABLE>
<PAGE>
ITEM 5. INVESTMENTS IN SECURITIES OF NONSYSTEM COMPANIES AS OF DECEMBER 31, 1999
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 $19 4 Economic development joint venture with interests in 4 start-up
companies.
HPI and Cap. 5,579 33 Limited partnerships which invest in affordable housing projects.
Square
</TABLE>
2. Securities not included in Item 5, No. 1:
<TABLE>
<CAPTION>
Number % of Owner's
Name of Name of Description of Voting Nature of Book Value
Company Issuer of Security Shares Power Business (in
thousands)
- ----------------- -------------------------- ----------------- ------------- ---------- ----------------------- --------------
<S> <C> <C> <C> <C> <C> <C>
Investco DLJ Merchant Banking Limited N/A Less Merchant banking $1,007
Partners, L.P. Partnership than 10% investing in domestic
companies
Investco DLJMB Overseas Partners, Limited N/A Less Merchant banking 481
C.V. Partnership than 10% investing in foreign
companies
New Zealand Powerco Limited $1.00 Ordinary 5,120,154 9.8% Utility business 138,968
Shares
New Zealand TrustPower Limited $0.50 Ordinary 10,971,425 6% Utility business 266,679
Shares
New Zealand United Networks Limited $0.50 Ordinary 1,000 Less Utility business 4
(f/k/a Power New Zealand Shares than 1%
Limited)
New Zealand Natural Gas Corporation $0.01 Ordinary 1,000 Less Utility business 1
Holdings Limited Shares than 1%
New Zealand Horizon Energy $1.00 Ordinary 250 Less Utility business 1
Distribution (f/k/a Bay Shares than 1%
of Plenty Electricity
Limited)
Infratil AUS Statewest Power Property $1.00 Class A Shares 10,000 5% Utility business 5,887
Limited $1.00 Class E Shares 100
$1.00 Class F Shares 2
</TABLE>
<PAGE>
ITEM 6. OFFICERS AND DIRECTORS AS OF DECEMBER 31, 1999
Part I. Name, Principal Business Address and Positions Held as of December
31, 1999
<TABLE>
<CAPTION>
Name (Address)* Position Held ** Name (Address)* Position Held **
- --------------------------------------------------- ------------------------------------------------
<S> <C> <C> <C>
Alliant Energy Corporation
- --------------------------
Erroll B. Davis, Jr. (a) P, CEO, D Alan B. Arends (j) D
William D. Harvey (a) EVP Rockne G. Flowers (d) D
James E. Hoffman (b) EVP Joyce L. Hanes (k) D
Eliot G. Protsch (b) EVP Lee Liu (b) CM, D
Barbara J. Swan (a) EVP, GC Katharine C. Lyall (a) D
Thomas M. Walker (a) EVP, CFO Arnold M. Nemirow (f) D
Pamela J. Wegner (a) EVP Milton E. Neshek (i) D
John E. Ebright (a) *** VP,C Judith D. Pyle (a) D
Edward M. Gleason (a) VP, T, S Robert D. Ray (m) D
Susan J. Kosmo (a) AC Robert W. Schlutz (o) D
John E. Kratchmer (a) AC Wayne H. Stoppelmoor (h) VCM, D
Linda J. Wentzel (a) ACS Anthony R. Weiler (p) D
Enrique Bacalao (a) AT
IES Utilities Inc.
- ------------------
Erroll B. Davis, Jr. (a) CEO, D Enrique Bacalao (a) AT
Eliot G. Protsch (b) P Steven F. Price (a) AT
William D. Harvey (a) EVP Robert A. Rusch (a) AT
Barbara J. Swan (a) EVP, GC Daniel L. Siegfried (b) ACS
Thomas M. Walker (a) EVP, CFO Alan B. Arends (j) D
Pamela J. Wegner (a) EVP Rockne G. Flowers (d) D
Dale R. Sharp (h) SVP Joyce L. Hanes (k) D
Daniel A. Doyle (a) **** VP Lee Liu (b) CM, D
John E. Ebright (a) *** VP,C Katharine C. Lyall (a) D
Dean E. Ekstrom (b) VP Arnold M. Nemirow (f) D
Edward M. Gleason (a) VP, T, S Milton E. Neshek (i) D
Dundeana K. Langer (b) VP Judith D. Pyle (a) D
Daniel L. Mineck (b) VP Robert D. Ray (m) D
Kim K. Zuhlke (a) VP Robert W. Schlutz (o) D
David L. Wilson (b) VP Wayne H. Stoppelmoor (h) VCM, D
Linda J. Wentzel (a) ACS Anthony R. Weiler (p) D
Wisconsin Power and Light Company
- ---------------------------------
Erroll B. Davis, Jr. (a) CEO, D Enrique Bacalao (a) AT
William D. Harvey (a) P Steven F. Price (a) AT
Eliot G. Protsch (b) EVP Robert A. Rusch (a) AT
Barbara J. Swan (a) EVP, GC Alan B. Arends (j) D
Thomas M. Walker (a) EVP, CFO Rockne G. Flowers (d) D
Pamela J. Wegner (a) EVP Joyce L. Hanes (k) D
Dale R. Sharp (h) SVP Lee Liu (b) CM, D
Daniel A. Doyle (a) **** VP Katharine C. Lyall (a) D
John E. Ebright (a) *** VP, C Arnold M. Nemirow (f) D
Dean E. Ekstrom (b) VP Milton E. Neshek (i) D
Edward M. Gleason (a) VP, T, S Judith D. Pyle (a) D
Dundeana K. Langer (b) VP Robert D. Ray (m) D
Daniel L. Mineck (b) VP Robert W. Schlutz (o) D
Kim K. Zuhlke (a) VP Wayne H. Stoppelmoor (h) VCM, D
David L. Wilson (b) VP Anthony R. Weiler (p) D
Linda J. Wentzel (a) ACS
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
South Beloit Water, Gas and Electric Company
- --------------------------------------------
<S> <C> <C> <C>
William D. Harvey (a) P, D Linda J. Wentzel (a) ACS
Edward M. Gleason (a) VP, T, S Steven F. Price (a) AT
John E. Ebright (a) *** C Thomas L. Adelman (ss) D
Susan J. Kosmo (a) AC Kim K. Zuhlke (a) D
Wisconsin River Power Company
- -----------------------------
Thomas G. Scharff (cc) P, D Donna G. Stephens (cc) T
Richard L. Hilliker (cc) VP, D Michael R. Schreier (cc) AS
Thomas P. Meinz (bb) VP, D Carl H. Wartman (cc) AS
Daniel A. Doyle (a) VP, D Ralph G. Baeten (bb) D
Reginald D. Fanning (cc) S, C Joseph E. Shefchek (a) D
Wisconsin Valley Improvement Company
- ------------------------------------
Robert Gall (x) P, D Robert Birkhauser (x) D
Richard L. Hilliker (cc) D Neil Krebsbach (a) D
Thomas P. Meinz (bb) D, VP Daniel Olvey (x) D
Sam Morgan (x) VP Thomas G. Scharff (cc) D
Donald Bradford (x) S, T Kenneth Schulz (x) D
Phil Valitchka (x) AS Michael Thieler (x) D
Interstate Power Company
- ------------------------
Erroll B. Davis, Jr. (a) CEO, D Steven F. Price (a) AT
Dale R. Sharp (h) P Robert A. Rusch (a) AT
William D. Harvey (a) EVP Kent M. Ragsdale (b) ACS
Eliot G. Protsch (b) EVP Alan B. Arends (j) D
Barbara J. Swan (a) EVP, GC Rockne G. Flowers (d) D
Thomas M. Walker (a) EVP, CFO Joyce L. Hanes (k) D
Pamela J. Wegner (a) EVP Lee Liu (b) CM, D
Daniel A. Doyle (a) **** VP Katharine C. Lyall (a) D
John E. Ebright (a) *** VP, C Arnold M. Nemirow (f) D
Dean E. Ekstrom (b) VP Milton E. Neshek (i) D
Edward M. Gleason (a) VP, T, S Judith D. Pyle (a) D
Dundeana K. Langer (b) VP Robert D. Ray (m) D
Daniel L. Mineck (b) VP Robert W. Schlutz (o) D
Kim K. Zuhlke (a) VP Wayne H. Stoppelmoor (h) VCM, D
Linda J. Wentzel (a) ACS Anthony R. Weiler (p) D
Enrique Bacalao (a) AT
Alliant Energy Corporate Services, Inc.
- ---------------------------------------
Erroll B. Davis, Jr. (a) CEO, D Edward M. Gleason (a) VP, T, S
Pamela J. Wegner (a) P, D Dundeana K. Langer (b) VP
William D. Harvey (a) EVP, D Daniel L. Mineck (b) VP
James E. Hoffman (b) EVP, D Kim K. Zuhlke (a) VP
Eliot G. Protsch (b) EVP, D David L. Wilson (b) VP
Barbara J. Swan (a) EVP, GC, D Linda J. Wentzel (a) ACS
Thomas M. Walker (a) EVP, CFO, D Enrique Bacalao (a) AT
Dale R. Sharp (h) SVP Kent M. Ragsdale (b) ACS
Daniel A. Doyle (a) **** VP Steven F. Price (a) AT
John E. Ebright (a) *** VP,C Robert A. Rusch (a) AT
Dean E. Ekstrom (b) VP
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Nuclear Management Company, L.L.C.
- ----------------------------------
<S> <C> <C> <C>
Mike Sellman (tt) P Dennis Fulton (tt) C
Dean Ekstrom (tt) VP Walter Woelfle (tt) S, GC
Mike Wadley (tt) CNO Richard A. Abdoo (c) D
Bill Hill (tt) VP William D. Harvey (a) D
Dave Wilson (tt) VP James J. Howard (t) D
Ben Ewers (tt) VP Larry L. Weyers (bb) D
WPL Holdings Commodities Trading L.L.C.
- ---------------------------------------
William D. Harvey (a) M
Cargill-Alliant, L.L.C.
- -----------------------
David L. Gabriel (ee) P, GM Thomas M. Walker (a) D
Gaston Garrido, III (ee) VP James E. Hoffman (b) D
Richard B. Davenport (ee) AVP Eliot G. Protsch (b) D
Bret S. Jones (ee) AVP Ronald L. Christenson (dd) D
Jean-Francois Muse (ee) AVP Gary W. Jarrett (ee) D, CM, MD
Jeanne Y. Smith (dd) AS James T. Thompson (dd) D
William D. Harvey (a) S, D David T. Raisbeck (dd) D
Alliant Energy Resources, Inc.
- ------------------------------
Erroll B. Davis, Jr. (a) CEO, D Alan B. Arends (j) D
James E. Hoffman (b) P Rockne G. Flowers (d) D
Thomas L. Aller (b) VP Joyce L. Hanes (k) D
Charles Castine (b) VP Lee Liu (b) CM, D
John K. Peterson (b) VP Katharine C. Lyall (a) D
John E. Ebright (a) *** VP, C Arnold M. Nemirow (f) D
Edward M. Gleason (a) VP, T, S Milton E. Neshek (i) D
Linda J. Wentzel (a) ACS Judith D. Pyle (a) D
Enrique Bacalao (a) AT Robert D. Ray (m) D
Steven F. Price (a) AT Robert W. Schlutz (o) D
Robert A. Rusch (a) AT Wayne H. Stoppelmoor (h) VCM, D
Daniel L. Siegfried (b) ACS Anthony R. Weiler (p) D
Capital Square Financial Corporation
- ------------------------------------
Ruth A. Domack (a) P, D Thomas L. Aller (b) D
E. Dean Baumgardner (a) VP John E. Ebright (a) D
Henry D. Wertheimer (a) VP, T Edward M. Gleason (a) D
John W. Stoneman (a) VP, S James E. Hoffman (b) D, CM
Cynthia L. Dockus (a) C
Henwood Energy Services, Inc.
- -----------------------------
Mark I. Henwood (kk) P, D Thomas R. Johnson (kk) VP, S
David R. Branchcomb (kk) SVP, D Thomas L. Aller (b) D
Eric V. Toolson (kk) VP, D Dr. Ronald McMahan (kk) D
Alliant Energy Industrial Services, Inc.
- ----------------------------------------
Charles Castine (b) P Thomas L. Aller (b) VP, D
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) VP, D Daniel L. Siegfried (b) AS
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Whiting Petroleum Corporation
- -----------------------------
<S> <C> <C> <C>
David A. Frawley (q) ***** P, CEO, D Edward M. Gleason (a) AT, AS
D. Sherwin Artus (q) EVP, COO James E. Hoffman (b) D
Jerry D. Fitgerald (q) VP Thomas L. Aller (b) D
John R. Hazlett (q) VP John E. Ebright (a) D
Patricia J. Miller (q) S Kenneth R. Whiting (q) D
Etta F. Daniels (q) ACS J. B. Ladd (q) D
Christy M. Everdon (q) ACS
Whiting Programs, Inc.
- ----------------------
David A. Frawley (q) ***** P, D Patricia J. Miller (q) S
D. Sherwin Artus (q) VP Etta F. Daniels (q) ACS
John R. Hazlett (q) VP Christy M. Evenden (q) ACS
Jerry D. Fitzgerald (q) VP
WOK Acquisition Company
- -----------------------
David A. Frawley (q) ***** P, D Patricia J. Miller (q) S
D. Sherwin Artus (q) VP Christy M. Evenden (q) ACS
John R. Hazlett (q) VP, D Etta F. Daniel (q) ACS
Jerry D. Fitzgerald (q) VP, D
WAH Royalty Company
- -------------------
David A. Frawley (q) ***** P, D Patricia J. Miller (q) S
D. Sherwin Artus (q) VP Christy M. Evenden (q) ACS
John R. Hazlett (q) VP, D Etta F. Daniel (q) ACS
Jerry D. Fitzgerald (q) VP, D Edward M. Gleason (a) AT, AS
Whiting-Golden Gas Production Company
- -------------------------------------
David A. Frawley (q) ***** P, CEO, D Patricia J. Miller (q) S
D. Sherwin Artus (q) VP Christy M. Evenden (q) ACS
John R. Hazlett (q) VP, D Etta F. Daniel (q) ACS
Jerry D. Fitzgerald (q) VP, D Edward M. Gleason (a) AT, AS
Industrial Energy Applications, Inc.
- ------------------------------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, VP Daniel L. Siegfried (b) ACS
Charles Castine (b) P
BFC Gas Company L.L.C.
- ----------------------
Charles Castine (b) GM
Energys, Inc.
- -------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, VP Daniel L. Siegfried (b) ACS
Charles Castine (b) P
Schedin & Associates, Inc.
- --------------------------
Larry L. Schedin (x) P Brad Fults (x) VP
Industrial Energy Applications Delaware Inc.
- --------------------------------------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, VP Daniel L. Siegfried (b) ACS
Charles Castine (b) P
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Ely, Inc.
- ---------
<S> <C> <C> <C>
Thomas L. Aller (b) P, D Daniel L. Siegfried (b) ACS
Edward M. Gleason (a) T, S
RMT, Inc.
- ---------
Stephen D. Johannsen (a) P Richard J. Sawinski (f) VP
Ted Juszczyk (a) VP William A. Dickrell (a) VP, T
Katharine E. Martine (a) VP Ruth J. Muelker (g) VP
James C. Myers (g) VP Edward M. Gleason (a) AT
Samuel Nott (g) VP Martha A. Hermsdorf (a) S
Jitendra T. Radia (w) VP Erroll B. Davis, Jr. (a) D
Joel E. Roberts (a) VP James E. Hoffman (b) D
Robert J. Vetter (a) VP
Residuals Management Technology, Inc., Ohio
- -------------------------------------------
Jitendra T. Radia (w) P, D Martha A. Hermsdorf (a) S
Ted Juszczyk (a) VP Katherine E. Martin (a) D
Richard C. Krueger (w) T, D Daniel E. Oman (r) D
RMT North Carolina, Inc.
- ------------------------
Richard J. Sawinski (f) P Stephen D. Johannsen (a) D
Michael Parker (f) VP Ted Juszczyk (a) D
Martha A. Hermsdorf (a) S William A. Dickrell (a) D, T
RMT, Inc., Michigan
- -------------------
Daniel E. Oman (r) P, D Ed Cote (r) T, S
Katherine E. Martin (a) VP, D Robert J. Vetter (a) D
RMT International, Inc.
- -----------------------
Samuel Nott (g) P, D William A. Dickrell (a) T, D
Stephen D. Johannsen (a) VP, D Martha A. Hermsdorf (a) S
Heartland Energy Group, Inc.
- ----------------------------
Charles Castine (b) P Daniel L. Siegfried (b) ACS
James E. Hoffman (b) VP, D Erroll B. Davis, Jr. (a) D
Edward M. Gleason (a) T, S
Alliant Energy Transportation, Inc.
- -----------------------------------
Erroll B. Davis, Jr. (a) D Paul H. Treangen (b) VP
James E. Hoffman (b) D Edward M. Gleason (a) T, S
Thomas L. Aller (b) D, P Daniel L. Siegfried (b) ACS
IEI Barge Services, Inc.
- ------------------------
Thomas L. Aller (b) P, D Daniel L. Siegfried (b) ACS
Paul H. Treangen (b) VP, D E. R. Kamm (a) D
Edward M. Gleason (a) T, S
Transfer Services, Inc.
- -----------------------
Thomas L. Aller (b) P, D Daniel L. Siegfried (b) ACS
Paul H. Treangen (b) VP, D James E. Hoffman (b) D
Edward M. Gleason (a) T, S
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Williams Bulk Transfer Inc.
- ---------------------------
<S> <C> <C> <C>
Thomas L. Aller (b) D, VP James E. Hoffman (b) P
Paul H. Treangen (b) D, VP Edward M. Gleason (a) VP, T, S
Cedar Rapids & Iowa City Railway Company
- ----------------------------------------
Thomas L. Aller (b) P, D Daniel L. Siegfried (b) ACS
Paul H. Treangen (b) VP, D James E. Hoffman (b) D
Edward M. Gleason (a) T, S
Heartland Rail Corporation
- --------------------------
Donald C. Byers (y) P, D Jon R. Roy (z) D
T. Scott Bannister (m) S Marc A. Sanner (z) D
William H. Camp (z) D
Alliant Energy Investments, Inc.
- --------------------------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, P Daniel L. Siegfried (b) ACS
Thomas L. Aller (b) D, VP
Village Lakeshares Inc.
- -----------------------
James E. Hoffman (b) D, P Thomas L. Aller (b) D, VP
Edward M. Gleason (a) D, T, S Daniel L. Siegfried (b) ACS
Iowa Land and Building Company
- ------------------------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, P Daniel L. Siegfried (b) ACS
Thomas L. Aller (b) D, VP
McLeodUSA Inc.
- --------------
Clark E. McLeod (b) CEO, D, CM Thomas M. Collins (b) D
Richard A. Lumpkin (b) VCM, D Robert J. Currey (ff) D
Stephen C. Gray (b) P, COO, D Lee Liu (b) D
Blake O. Fisher, Jr. (b) GVP, RP, D Paul D. Rhines (b) D
J. Lyle Patrick (b) GVP, CFO Anne K. Bingaman (b) D
Roy A. Wilkens (b) CTO, D Peter H. O. Claudy (b) D
Arthur L. Christoffersen (b) GVP Theodore R. Forstmann (b) D
Randall Rings (b) VP, GC, S Erskine B. Bowles (b) D
Alliant Energy Investco, Inc.
- -----------------------------
James E. Hoffman (b) D, P Thomas L. Aller (b) D, VP
Edward M. Gleason (a) D, T, S Daniel L. Siegfried (b) ACS
2001 Development Corporation
- ----------------------------
Thomas M. Collins (u) P, D Susan Mayer (l) VP, D
Thomas L. Aller (b) EVP Scott McIntyre, Jr. (b) VP, T, D
Joe Hladky (b) VP, D Clark E. McLeod (b) VP, S, D
James E. Hoffman (b) VP, D Ted Schwartz (v) VP, D
2002 Development Corporation
- ----------------------------
Thomas M. Collins (u) P, D Susan Mayer (l) VP, D
Thomas L. Aller (b) EVP Scott McIntyre, Jr. (b) VP, T, D
Joe Hladky (b) VP, D Clark E. McLeod (b) VP, S, D
James E. Hoffman (b) VP, D Ted Schwartz (v) VP, D
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Heartland Energy Services, Inc.
- -------------------------------
<S> <C> <C> <C>
Charles Castine (b) P Edward M. Gleason (a) T, S
Thomas L. Aller (b) VP Daniel L. Siegfried (b) ACS
James E. Hoffman (b) VP, D Erroll B. Davis, Jr. (a) D
ReGENco L.L.C.
- --------------
Thomas L. Aller (b) AB Richard G. Carlson (c) AB
Daniel L. Mineck (b) AB John Bobrowich (c) AB
Dudley J. Godfrey, Jr. (c) AB James A. Mathes (c) AB
Heartland Properties, Inc.
- --------------------------
Ruth A. Domack (a) P, D Thomas L. Aller (b) D
E. Dean Baumgardner (a) VP John E. Ebright (a) D
Henry D. Wertheimer (a) VP, T Edward M. Gleason (a) D
John W. Stoneman (a) VP, S James E. Hoffman (b) D, CM
Cynthia L. Dockus (a) C
Alliant Energy International, Inc.
- ----------------------------------
Erroll B. Davis, Jr. (a) D Edward M. Gleason (a) T, S
James E. Hoffman (b) D, VP Daniel L. Siegfried (b) ACS
John K. Peterson (b) P
Interstate Energy Corporation PTE Limited
- -----------------------------------------
James E. Hoffman (b) D, CM Tang Cheng Lin (jj) S
Juliet Ang (jj) RD Edward M. Gleason (a) T
Joel J. Schmidt (b) MD John K. Peterson (b) P, D
Jiaxing JIES Power & Heat Company Limited
- -----------------------------------------
John K. Peterson (b) D Zheng Yong Zhou (ll) D
James E. Hoffman (b) D, VCM Bangda Shen (ll) D, GM
Joel J. Schmidt (b) D Jinfeng Wang (ll) CA
Yongming Chen (ll) D, CM Yaosheng Hua (ll) AGM
Tongxiang TIES Power & Heat Company Limited
- -------------------------------------------
John K. Peterson (b) D Liyong Bai (ll) D
James E. Hoffman (b) D Yiqiang Du (ll) GM
Joel J. Schmidt (b) D Keqiang Li (ll) AGM
Deliang Zhou (ll) D, CM Xiaokang Wang (ll) CA
Jiaquan Chen (ll) D
Alliant Energy Brazil, Inc.
- ---------------------------
John K. Peterson (b) P Edward M. Gleason (a) T, S
James E. Hoffman (b) D, VP Daniel L. Siegfried (b) ACS
Thomas M. Walker (a) VP, CFO Erroll B. Davis, Jr. (a) D
Alliant Energy Holdings do Brasil Limitada
- ------------------------------------------
Rodolpho Protasio (aa) DM
Alliant International New Zealand Limited
- -----------------------------------------
James E. Hoffman (b) D Christopher James Lindell (s) MD, VP, D
John K. Peterson (b) D
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliant Energy Australia Pty. Limited
- -------------------------------------
<S> <C> <C> <C>
Christopher James Lindell (s) MD, D John K. Peterson (b) D
Geoffrey N. Harley (qq) D
Infratil Australia Limited
- --------------------------
Martin Kriewaldt (uu) D HR Lloyd Morrison (uu) D
Sir Leo Hielscher (uu) D John Clarke (uu) D
Rodney White (uu) D Liberato Petagna (uu) D
Christopher James Lindell (s) D
Grandelight Holding Limited
- ---------------------------
James E. Hoffman (b) D John K. Peterson (b) P, D
Joel J. Schmidt (b) MD Edward M. Gleason (a) T
Peak Pacific Investment Co. Limited
- -----------------------------------
Robert W. Anderson, Jr. (jj) P, D James E. Hoffman (b) D, CM
Michael R. Ashburrn (jj) VP Joel J. Schmidt (b) D
Daniel Raymond Revers (jj) D John K. Peterson (b) D
Phillip Anthony Messina (jj) D Thomas M. Walker (a) D
Shijiazhuang Chengfeng Heat and Power Co. Limited
- -------------------------------------------------
Mochen Yu (nn) D Michael R. Ashburn (jj) D
Baisong Wei (nn) D Veikko Tiainen (jj) D, GM
Yuchang Jia (nn) D, AGM Rong Liu (jj) D, CFO
Bingyi Li (nn) D Feng Liu (jj) D
Robert W. Anderson, Jr. (jj) D, CM
Handan Chengfeng Heat and Power Co. Limited
- -------------------------------------------
Tongxi Zhang (oo) D, AGM Veikko Tiainen (jj) D, GM
Shaokui Jin (oo) D Rong Liu (jj) D, CFO
Xiaotong Li (oo) D Feng Liu (jj) D
Robert W. Anderson, Jr. (jj) D Hui Jin (jj) D
Michael R. Ashburn (jj) D
Jinan Yaqing Heat and Power Co. Limited
- ---------------------------------------
Guangyi Sun (pp) D Michael R. Ashburn (jj) D
Jinsheng Qin (pp) D, GM Hui Jin (jj) D
Dezhi Zhang (pp) D Rong Liu (jj) D, CFO
Chuanhai He (pp) D Johnny Lee (jj) D
Robert W. Anderson, Jr. (jj) D, CM
Peak Pacific Investment Co. (Labuan) BHD
- ----------------------------------------
Robert W. Anderson, Jr. (jj) D
Henan Anfeng Electric Power Co. Limited
- ---------------------------------------
Huo Guozheng (mm) GM Johnny Lee (jj) AGM
Loy Hui Lim (mm) CFO
Henan Yongfeng Electric Power Co. Limited
- -----------------------------------------
Huo Guozheng (mm) GM Johnny Lee (jj) AGM
Loy Hui Lim (mm) CFO
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Alliant Energy de Mexico, S. de R.L. de C.V.
- --------------------------------------------
<S> <C> <C> <C>
John K. Peterson (b) M, CM, GD Jeffrey K. Rosencrants (b) AS
Thomas L. Aller (b) M Alejandra Sainz Orantes (ii) AS
Charles Castine (b) M Luis Manuel Linero Colorado (ii) SB
Edward M. Gleason (a) M, S Carlos Moya Vallejo (ii) SB
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V.
- --------------------------------------------------------
John K. Peterson (b) M, CM, GD Jeffrey K. Rosencrants (b) AS
Thomas L. Aller (b) M Alejandra Sainz Orantes (ii) AS
Charles Castine (b) M Luis Manuel Linero Colorado (ii) SB
Edward M. Gleason (a) M, S Carlos Moya Vallejo (ii) SB
Alliant Energy Servicios de Mexico, S. de R.L. de C.V.
- ------------------------------------------------------
John K. Peterson (b) M, CM, GD Jeffrey K. Rosencrants (b) AS
Thomas L. Aller (b) M Alejandra Sainz Orantes (ii) AS
Charles Castine (b) M Luis Manuel Linero Colorado (ii) SB
Edward M. Gleason (a) M, S Carlos Moya Vallejo (ii) SB
Alliant Energy de Mexico L.L.C.
- -------------------------------
John K. Peterson (b) P
Alliant Energy Renewable Resources Limited
- ------------------------------------------
James E. Hoffman (b) D, CM Michael Ashford (rr) AS
John K. Peterson (b) D, DC Steven F. Price (a) AT
Graham B. Colis, R. (rr) D Dawna Ferfuson (rr) S
C.F. Cooper, A. (rr) D Edward M. Gleason (a) T
Joel J. Schmidt (b) VP
Alliant Energy do Brasil Limitada
- ---------------------------------
John K. Peterson (b) AB Jeanete Herzberg (aa) DM
Thomas M. Walker (a) AB Rafael Claudio Herzberg (aa) DM
The following partnerships and LLCs do not have officers and directors as such:
- -------------------------------------------------------------------------------
M&I Services Partnership Blairs Ferry Limited Partnership
EnviroGas L.P. 2060 Partnership, L.P.
Alliant Energy Nuclear, L.L.C. 3001 L.L.C.
Oak Hill Pipeline L.P. OSADA I Limited Partnership
Alliant South Texas Pipeline, L.P. Atlantic-Sundance Apartments, L.P.
Village Lakeshares, L.P. Wagon Wheel L.P.
Prairie Ridge Business Park, L.C. Fort Madison IHA Senior Housing L.P.
Center Place Limited Partnership
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
*Address Codes:
- ---------------
<S> <C> <C> <C>
(a) Madison, WI (y) Newton, IA
(b) Cedar Rapids, IA (z) Decatur, IL
(c) Milwaukee, WI (aa) Sao Paulo, SP Brazil
(d) Stoughton, WI (bb) Green Bay, WI
(e) Marion, IA (cc) Wisconsin Rapids, WI
(f) Greenville, SC (dd) Wayzata, MN
(g) Austin, TX (ee) Minnetonka, MN
(h) Dubuque, IA (ff) Chicago, IL
(i) North Lake Geneva, WI (gg) Wanganui, New Zealand
(j) Albert Lea, MN (hh) Palmerston North, New Zealand
(k) Mason City, IA (ii) Mexico City, D.F.
(l) Washington, DC (jj) Singapore
(m) Des Moines, IA (kk) Sacramento, CA
(n) Kansas City, MO (ll) Zhejiang Province, PRC
(o) Columbus Junction, IA (mm) Henan Province, PRC
(p) Richmond, VA (nn) Hebei Province, PRC
(q) Denver, CO (oo) Nebei Province, PRC
(r) Ann Arbor, MI (pp) Shandong Province, PRC
(s) Auckland, New Zealand (qq) Brisbane, Queensland, Australia
(t) Minneapolis, MN (rr) Hamilton HM 11, Bermuda
(u) Tucson, AZ (ss) Jainesville, WI
(v) Deerfield, IL (tt) Hudson, WI
(w) Dublin, OH (uu) Tauranga, New Zealand
(x) Wausau, WI (vv) Wellington, New Zealand
**Positions are indicated by the following symbols:
- ---------------------------------------------------
AB Advisory Board Member DM Delegate Manager
AC Assistant Controller EVP Executive Vice President
ACS Assistant Corporate Secretary GC General Counsel
AGM Assistant General Manager GD General Director
AS Assistant Secretary GM General Manager
AT Assistant Treasurer GVP Group Vice President
AVP Assistant Vice President M Manager
C Controller MD Managing Director
CA Chief Accountant P President
CEO Chief Executive Officer RD Resident Director
CFO Chief Financial Officer S Corporate Secretary
CM Chairman of the Board SB Board of Surveillance Member
CNO Chief Nuclear Officer SVP Senior Vice President
COO Chief Operating Officer T Treasurer
CTO Chief Technology Officer VCM Vice Chairman of the Board
D Director VP Vice President
DC Deputy Chairman
*** Effective January 1, 2000, Mr. Ebright was elected Vice President - Special Projects of Alliant Energy.
**** Effective January 1, 2000, Mr. Doyle was elected Vice President - Chief Accounting and Financial Planning
Officer of Alliant Energy, IESU, WP&L, IPC, Corporate Services and Resources and Controller of South
Beloit.
***** Mr. Frawley retired effective December 31, 1999.
</TABLE>
<PAGE>
Part II. Financial Connections as of December 31, 1999
<TABLE>
<CAPTION>
Position Held Applicable
Name and Location of in Financial Exemption Rule
Name of Officer or Director Financial Institution Institution
- ------------------------------------ ---------------------------------------- ---------------- -----------------
<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 Corporation, Milwaukee, WI Director 70 (a), (c)
</TABLE>
Part III. Compensation and Other Related Information
(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:
Alliant Energy's 2000 Proxy Statement, pages 13 through 32, which is
incorporated herein by reference to Alliant Energy's 2000 Proxy Statement,
File No. 1-9894.
WP&L's 2000 Proxy Statement, pages 12 through 32, which is incorporated
herein by reference to WP&L's 2000 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:
Alliant Energy's 2000 Proxy Statement, page 16.
WP&L's 2000 Proxy Statement, pages 15 and 16.
(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:
Alliant Energy's 2000 Proxy Statement, pages 13 through 15, 21 and 22.
WP&L's 2000 Proxy Statement, pages 12 through 14, 21 and 22.
(d) Directors' and Executive Officers' Indebtedness to System Companies
None.
<PAGE>
(f) Directors' and Executive Officers' Rights to Indemnity
The state laws under which each of Alliant Energy 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 Alliant Energy, as amended, effective as of March 15, 2000
(incorporated by reference to Exhibit 3.2 to Alliant Energy's Form 10-K for
the year ended December 31, 1999).
Bylaws of WP&L, as amended, effective as of March 15, 2000 (incorporated by
reference to Exhibit 3.4 to WP&L's Form 10-K for the year ended December
31, 1999).
Bylaws of IESU, as amended, effective as of March 15, 2000 (incorporated by
reference to Exhibit 3.6 to IESU's Form 10-K for the year ended December
31, 1999).
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>
WP&L Less than $10,000 - 5 beneficiaries (A) Operating Expense $11,591
IESU Less than $10,000 - 51 beneficiaries (A) Operating Expense 65,119
IPC Less than $10,000 - 25 beneficiaries (A) Operating Expense 45,433
Resources Less than $10,000 - 1 beneficiary (A) Operating Expense 595
Barge Less than $10,000 - 1 beneficiary (A) Operating Expense 297
(A) Area Development
</TABLE>
<PAGE>
ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
Part I. Intercompany Sales and Service
<TABLE>
<CAPTION>
Serving Company Receiving Date of In effect at
Transaction Company Compensation Contract Year End
- --------------------------------- ------------------ ----------------- ----------------- ------------- ---------------
<S> <C> <C> <C> <C> <C>
Coal sales Barge IESU $2,084,000 1/1/98 Yes
Coal transportation CRANDIC IESU 1,708,000 4/1/98 Yes
Coal handling Barge WP&L 543,000 11/27/91 Yes
Environmental consulting RMT, Inc. WP&L 432,782 3/1/99 Yes
Coal handling Barge IESU 392,000 12/12/97 Yes
Gas marketing Whiting ISCO 300,000 7/1/99 Yes
Coal transportation CRANDIC IESU 209,000 12/12/97 Yes
Environmental consulting RMT, Inc. IEA 191,383 8/1/99 Yes
Coal handling Williams Cargill-Alliant 78,000 4/14/99 Yes
Engineer, procure, construct
agreement IEA BFC Gas 62,313 3/31/97 Yes
Environmental consulting RMT, Inc. IESU 52,517 11/1/96 Yes
Propane system Energys, Inc. IEA 42,519 12/16/97 No
Transloading Transfer CRANDIC 37,000 11/1/94 Yes
Gas marketing Whiting IEA 36,140 8/5/97 Yes
Environmental consulting RMT, Inc. Barge 12,397 11/1/96 Yes
Risk management support Energys, Inc. IEA 3,469 4/12/99 No
Operation and maintenance
agreement IESU IEA 3,331 4/13/92 Yes
Building lease CRANDIC Transfer 2,000 12/11/98 Yes
Coal transportation CRANDIC IESU 1,000 11/1/98 Yes
</TABLE>
Part II. Contracts to Purchase Services or Goods Between any System Company
None.
Part III. Employment of any Person by any System Company for the Performance on
a Continuing Basis of Management Services
None.
<PAGE>
ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES
<TABLE>
<CAPTION>
<S> <C>
Alliant Energy Australia Pty. Limited (Australia)
* Alliant Energy Brazil, Inc. (Brazil)
Alliant Energy de Mexico L.L.C (Mexico LLC)
Alliant Energy de Mexico, S. de R.L. de C.V. (Mexico)
* Alliant Energy do Brasil Limitada (f/k/a Alliant Do Brasil Limitada) (Brasil)
* Alliant Energy Holdings do Brasil Limitada (f/k/a Centelha do Oeste Empreendimentos E Participacoes S/C Limitada (Holdings Brasil)
* Alliant Energy International, Inc. (International)
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. (Operaciones)
Alliant Energy Renewable Resources, Limited (AERR)
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. (Servicios)
Alliant Energy Southern Hydro, Limited (**)
* Alliant International New Zealand Limited (New Zealand)
Central Power Limited (***)
* Grandelight Holding Limited (Grandelight)
* Handan Chengfeng Heat and Power Co. Limited (Handan) (****)
Henan Anfeng Electric Power Co. Limited (Anfeng)
Henan Yongfeng Electric Power Co. Limited (Yongfeng)
Infrastructure & Utilities NZ Limited (Infratil NZ)
Infratil Australia Limited (Infratil AUS)
* Interstate Energy Corporation PTE Limited (IEC PTE)
* Jiaxing JIES Power and Heat Co. Limited (JIES)
* Jinan Yaqing Heat and Power Co. Limited (Jinan)
LDM Utility Co., S.A. de C.V. (LDM)
* Peak Pacific Investment Co. (Labuan) BHD (Labuan)
* Peak Pacific Investment Co. Limited (f/k/a Peak Pacific Investment Co. PTE Limited) (PPIC)
* Powerco Limited (Powerco)
Sawyer Finance Limited (*****)
* Shijiazhuang Chengfeng Heat and Power Co. Limited (Shijiazhuang)
Southern Hydro Partnership (Southern Hydro) (**)
Statewest Power Property Limited (Statewest)
* Tongxiang TIES Power and Heat Co. Limited (TIES)
TrustPower Limited (TrustPower)
Utility Investments Limited (UIL)
</TABLE>
* In existence at date of merger closing.
** Acquired in 2000.
*** Sold in 1999.
**** Inactive at December 31, 1999.
***** Amalgamated in 1999.
All of the above entities are FUCOs. Alliant Energy had no investments in EWGs
at December 31, 1999.
<PAGE>
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) /
Transmission and Distribution Investor(s)
Name of Business Facilities and Gas Distribution (see Item 1 and
Company Location Address Facilities Item 9(b) for
description)
- ----------------- ---------------------- ------------------------------- --------------------------------------------------------
<S> <C> <C> <C> <C>
Australia (See Business Level 12, 15 Huron Street None International
Address) Takapuna, Auckland,
New Zealand
Brazil (See Business 200 First Street S.E. None International
Address) Cedar Rapids, Iowa 52401
Mexico LLC (See Business Corporation Trust Center, None International
Address) 1209 Orange Street,
Wilmington, Delaware
Mexico (See Business San Luis Potosi No. 211-100, None International
Address) Colonia Roma, and
Delegacion Cuauhtemoc, 06770 Mexico LLC
Mexico, D.F.
Brasil (See Business 19th Floor, Room 8, None Resources and
Address) Rua Libero Badaro 293 International
Sao Paulo, Brazil
Holdings Brasil (See Business 20th Floor, Suite 5, None International
Address) Rua Libero Badaro 293 and Resources
Sao Paulo, Brazil
International (See Business 200 First Street S.E. None Resources
Address) Cedar Rapids, Iowa 52401
Operaciones (See Business San Luis Potosi No. 211-100, None Mexico and
Address) Colonia Roma, Mexico LLC
Delegacion Cuauhtemoc, 06770
Mexico, D.F.
AERR (See Business Clarendon House, None International
Address) 2 Church Street,
Hamilton HM 11, Bermuda
Servicios (See Business San Luis Potosi No. 211-100, None Mexico and
Address) Colonia Roma, Mexico LLC
Delegacion Cuauhtemoc, 06770
Mexico, D.F.
New Zealand (See Business Level 2, NZPP House, None International
Address) 15 Huron Street,
P.O. Box 33-1247, Takapuna,
Auckland, New Zealand 1332
<PAGE>
Description of Electric Generation, Owner(s) /
Transmission and Distribution Investor(s)
Name of Business Facilities and Gas Distribution (see Item 1 and
Company Location Address Facilities Item 9(b) for
description)
- ----------------- ---------------------- ------------------------------- --------------------------------------------------------
Grandelight (See Business Trident Chambers, None International
Address) P.O. Box 146, Road Town,
Tortola, British Virgin
Islands
Handan Hebei Province, Jinfeng Street, North Section, None PPIC
People's Republic of Lin Zhang County, Handan
China City, Hebei Province,
People's Republic of China
Anfeng Henan Province, Industrial Demonstration One 50 MW coal burning electric PPIC
People's Republic of Zone, Gongyi City, generating unit.
China Henan Province,
People's Republic of China
Yongfeng Henan Province, Industrial Demonstration One 50 MW coal burning electric PPIC
People's Republic of Zone, Gongyi City, generating unit.
China Henan Province,
People's Republic of China
Infratil NZ (See Business P.O. Box 320 None UIL
Address) Wellington, New Zealand
Infratil AUS (See Business Level 25, Eagle Street, None Australia
Address) Waterfront Place
GPO Box 1242
Brisbane QLD 4001
Australia
IEC PTE (See Business 65 Chulia Street, None International
Address) OCBC Cente, R #31-00,
East Lobby, Singapore, RE
049513
JIES Zhejiang Province, Yun He Qiao Tu, Three 12 MW coal burning electric and IEC PTE
People's Republic of Wai Huan Road, steam generation units.
China Jiaxing City,
Zhejiang Province,
People's Republic of China
Jinan Shandong Province, Hualong Road, East End, One 6 MW coal burning electric and PPIC
People's Republic of Jinan City, 250100 steam generation unit.
China Shandong Province,
People's Republic of China
LDM Puerto Penasco, 10611 North Hayden Road, Transmission line - three phase, 13.2 International *
Sonora, Mexico #D106, Scottsdale, AZ 85260 kV overhead line with minimum capacity
of 2000 KVA continuous. Substation -
low profile, open air design with
initial capacity of 2000 KVA at 25
kV.
<PAGE>
Description of Electric Generation, Owner(s) /
Transmission and Distribution Investor(s)
Name of Business Facilities and Gas Distribution (see Item 1 and
Company Location Address Facilities Item 9(b) for
description)
- ----------------- ---------------------- ------------------------------- --------------------------------------------------------
Labuan (See Business Level 13(E), None PPIC
Address) Main Office Tower,
Financial Park Labuan,
Jalan Merdeka, 87000 Labuan
FT, East Malaysia, Malaysia
PPIC (See Business 302 Orchard Road, None Grandelight
Address) Tong Building #18-02B,
Singapore 238862,
Republic of Singapore
Powerco Southern area of 151 St. Hill Street, Five hydroelectric generating New Zealand
North Island, Wanganui, New Zealand facilities with a combined capacity of
New Zealand 41 MW.
9,200 kilometers of electric
transmission and distribution lines.
Shijiazhuang Hebei Province, North Beiguan, Zhengding Two 12 MW coal burning electric and PPIC
People's Republic of County, Shijiazhuang City, steam generation units; currently
China Hebei Province, People's under construction.
Republic of China
Statewest (See Business 7-11 Catalano Road Numerous power stations with total Infratil AUS
Address) P.O. Box 1459 capacity of 58 MW currently in service
Canning Vale WA 6155 or under construction.
Australia
TIES Zhejiang Province, B16-17 Tongxiang Economic & Two 12 MW coal burning electric and IEC PTE
People's Republic of Development Zone, Tongxiang steam generation units.
China City,
Zhejiang Province,
People's Republic of China
TrustPower (See Business Private Bag 12023 31 hydroelectric generating facilities New Zealand and
Address) Tauranga, New Zealand and a wind farm with a combined UIL **
generating capacity of 425 MW.
UIL (See Business P.O. Box 1867 None New Zealand ***
Address) Auckland, New Zealand
* At December 31, 1999, International had outstanding loans of approximately $9.9 million to LDM.
** At December 31, 1999, UIL had invested approximately $33.0 million in TrustPower to acquire 20,627,253
ordinary shares and 100 $1.10 NZ$ Convertible Notes representing approximately 11% of the voting shares of
TrustPower.
*** At December 31, 1999, New Zealand owned approximately $45.0 million of debentures of UIL.
</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.
<PAGE>
<TABLE>
<CAPTION>
Capital Invested
-------------------------------------------------
Debt, Guarantees or Transfer of
Name of Amount Other Financial Obligation assets to EWG
Company Security (in thousands) (in thousands) or FUCO
- ----------------------- --------------------------- --------------------- ---------------------------------------------------
<S> <C> <C> <C> <C>
Australia 32,134,439 Ordinary Shares $20,508 None None
Brazil 1,000 Common Shares -- None None
Mexico LLC Not applicable -- None None
Mexico 3,000 Participation Units -- None None
Brasil 962,161 Quotas 525 None None
Holdings Brasil 1,000 Quotas -- None None
International 1,000 Common Shares 30,489 Inter-company borrowings from: None
Money pool borrowings from
Resources of $178,547 (*);
Resources of $960; Corporate
Services of $44; and IESU of $2
Operaciones 3,000 Participation Units -- None None
AERR 120 Common Shares -- None None
Servicios 3,000 Participation Units -- None None
New Zealand 24,858,503 Ordinary Shares 96,556 None None
Grandelight 100,000 Registered Shares 4,499 Inter-company borrowings from None
Resources of $2
Handan Registered Capital -- None None
Anfeng Registered Capital 6,748 None None
Yongfeng Registered Capital 6,748 None None
Infratil NZ ** ** None None
Infratil AUS 33,825,620 Ordinary Shares 20,941 None None
IEC PTE 2 Ordinary Shares 24,072 None None
JIES Registered Capital 13,119 None None
Jinan Registered Capital 3,500 None None
LDM *** *** None None
Labuan 3 Ordinary Shares -- None None
PPIC 495 Voting Preference A 31,956 None None
Shares and 31,955,342
Non-voting Preference A
Shares
Powerco 5,120,154 15,695 None None
$1.00 Ordinary Shares
Shijiazhuang Registered Capital 6,440 None None
Statewest 10,000 Class A Shares; 5,190 None None
100 Class E Shares;
2 Class F Shares
TIES Registered Capital 12,050 None None
TrustPower 10,971,425 Ordinary Shares 24,820 None None
UIL **** **** None None
</TABLE>
<PAGE>
* Alliant Energy has entered into an agreement dated October 30, 1998 with
Resources which provides support for Resources' commercial paper program.
** At December 31, 1999, UIL had invested approximately $13.9 million in
Infratil NZ to acquire 19,121,200 ordinary shares and 1,912,120 $1.40 NZ$
Warrants representing approximately 10% of the voting shares of
Infratil NZ.
*** At December 31, 1999, International had outstanding loans of $9.9 million
to LDM.
**** At December 31, 1999, New Zealand owned approximately $45.0 million of
debentures of UIL.
(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
Company Common Equity (*) 1999
Earnings/(Losses)
- ------------------- ------------------ ------------------
Australia 0% ($139,797)
Brazil 0% --
Mexico LLC 0% --
Mexico 0% --
Brasil 0% (343,559)
Holdings Brasil 0% --
International 0% (361,754)
Operaciones 0% --
AERR 0% --
Servicios 0% --
New Zealand 0% 9,504,998
Grandelight 0% (2,811,488)
Handan 0% (203,995)
Anfeng 0% (695,699)
Yongfeng 0% (55,331)
Infratil NZ 107.5% 13,846,833 (**)
Infratil AUS 9.5% (10,479,934)
IEC PTE 0% 2,672,007 (***)
JIES 0.1% 1,826,552
Jinan 0% (862,927)
LDM 262,754% --
Labuan 0% (970,125)
PPIC 0% (3,596,958)
Powerco 37.2% 34,998,946 (**)
Shijiazhuang 0% (84,418)
Statewest 22.8% 1,018,784
TIES 0% 2,116,458
TrustPower 37.5% 131,932,055 (**)
UIL 0% 3,052,302 (****)
* Intercompany debt has been excluded from the calculation of this ratio.
** Represents earnings for the 1999 fiscal year (Twelve months ended March
31, 1999).
*** Represents earnings for the 1999 fiscal year (Twelve months ended June
30, 1999).
**** Represents earnings for the nine months ended December 31, 1999.
(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
<PAGE>
Part II. Submit as Exhibit H 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 I.
See Exhibit H and Exhibit I.
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.
Aggregate Investment in Aggregate Capital
EWG's and FUCOs Investment in Domestic Ratio
(in thousands) Public-Utility Subsidiaries
(in thousands)
------------------------ ---------------------------- --------
$224,203 $1,389,036 16%
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
- --------
Refer to Exhibit F for a listing of the Financial Statement exhibits.
Pursuant to Exhibit A, the combined Annual Report on Form 10-K for the year
ended December 31, 1999, for Alliant Energy, IESU and WP&L is incorporated
herein by reference.
Exhibits
- --------
Exhibit A
- ---------
A.1 * Annual Report of Alliant Energy on Form 10-K for the year ended
December 31, 1999 (Incorporated by reference to File No. 1-9894)
A.2 Annual Report to Shareowners for Alliant Energy for the year ended
December 31, 1999 (Filed under cover of Form SE)
A.3 * Annual Report of IESU on Form 10-K for the year ended December 31,
1999 (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,
1999 (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., IPC and AMW
Acquisition, Inc. (incorporated by reference to Exhibit 2.1 to Alliant
Energy'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., IPC, a Delaware corporation, AMW Acquisition, Inc.,
WPLH Acquisition Co. and IPC, a Wisconsin corporation (incorporated by
reference to Exhibit 2.1 to Alliant Energy's Current Report on Form
8-K, dated May 22, 1996)
<PAGE>
B.3 * Amendment No. 2 to Agreement and Plan of Merger, dated August 16,
1996, by and among WPL Holdings, Inc., IES Industries Inc., IPC, a
Delaware corporation, WPLH Acquisition Co. and IPC, a Wisconsin
corporation (incorporated by reference to Exhibit 2.1 to Alliant
Energy's Current Report on Form 8-K, dated August 15, 1996)
B.4 * Restated Articles of Incorporation of Alliant Energy, as amended
(incorporated by reference to Exhibit 3.2 to Alliant Energy's Form
10-Q for the quarter ended June 30, 1999)
B.5 * Bylaws of Alliant Energy, as amended, effective as of March 15, 2000
(incorporated by reference to Exhibit 3.2 to Alliant Energy's Form
10-K for the year ended December 31, 1999)
B.6 * Restated Articles of Incorporation of WP&L, 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 WP&L, as amended, effective as of March 15, 2000
(incorporated by reference to Exhibit 3.4 to WP&L's Form 10-K for the
year ended December 31, 1999)
B.8 * Amended and Restated Articles of Incorporation of IESU (incorporated
by reference to Exhibit 3.5 to IESU's Form 10-Q for the quarter ended
June 30, 1998)
B.9 * Bylaws of IESU, as amended, effective as of March 15, 2000
(incorporated by reference to Exhibit 3.6 to IESU's Form 10-K for the
year ended December 31, 1999)
B.10 * Restated Certificate of Incorporation of IPC 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 IPC, 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 IPC, as amended, effective as of March 15, 2000
B.13 * Articles of Incorporation of Corporate Services, dated December 8,
1997 (incorporated by reference to Exhibit B.13 to Alliant Energy's
Form U5S for the year ended December 31, 1998)
B.14 * Articles of Amendment to Articles of Incorporation of Corporate
Services, effective as of January 29, 1999 (incorporated by reference
to Exhibit B.14 to Alliant Energy's Form U5S for the year ended
December 31, 1998)
B.15 * Bylaws of Corporate Services, effective as of January 28, 1999
(incorporated by reference to Exhibit B.15 to Alliant Energy's Form
U5S for the year ended December 31, 1998)
B.16 * Articles of Incorporation of Resources, effective as of January 11,
1988 (incorporated by reference to Exhibit B.16 to Alliant Energy's
Form U5S for the year ended December 31, 1998)
B.17 * Articles of Merger, Merging IES Diversified Inc. with and into
Resources, effective as of April 21, 1998 (incorporated by reference
to Exhibit B.17 to Alliant Energy's Form U5S for the year ended
December 31, 1998)
<PAGE>
B.18 * Articles of Amendment to Articles of Incorporation of Resources,
effective as of April 23, 1998 (incorporated by reference to Exhibit
B.18 to Alliant Energy's Form U5S for the year ended December 31,
1998)
B.19 * Articles of Amendment to Articles of Incorporation of Resources,
effective as of December 9, 1998 (incorporated by reference to Exhibit
B.19 to Alliant Energy's Form U5S for the year ended December 31,
1998)
B.20 Bylaws of Resources, as amended, effective as of March 15, 2000
Exhibit C
C.1 * Indenture of Mortgage or Deed of Trust dated August 1, 1941, between
WP&L and First Wisconsin Trust Company (n/k/a Firstar Bank, N.A.) and
George B. 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 Alliant Energy and
Firstar Bank Milwaukee, N.A. (incorporated by reference to Exhibit 4.1
to Alliant Energy'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 (n/k/a Firstar Bank, N.A.), 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 WP&L's 7%
debentures due June 15, 2007 (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 WP&L's
5.70% debentures due October 15, 2008 (incorporated by reference to
Exhibit 4 to WP&L's Current Report on Form 8-K, dated October 27,
1998)
<PAGE>
C.6 * Officers' Certificate, dated as of March 1, 2000, creating WP&L's
7-5/8% debentures due March 1, 2010 (incorporated by reference to
Exhibit 4 to WP&L's Current Report on Form 8-K, dated March 1, 2000)
C.7 * Indenture of Mortgage and Deed of Trust, dated as of
September 1, 1993, between IESU (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), and the indentures
supplemental thereto dated, respectively, October 1, 1993, November 1,
1993, March 1, 1995, September 1, 1996 and April 1, 1997 (Exhibit 4(d)
in IESU's Form 10-Q dated November 12, 1993, Exhibit 4(e) in IESU's
Form 10-Q dated November 12, 1993, Exhibit 4(b) in IESU's Form 10-Q
dated May 12, 1995, Exhibit 4(c)(i) in IESU's Form 8-K dated September
19, 1996 and Exhibit 4(a) in IESU's Form 10-Q dated May 14, 1997)
C.8 * Indenture of Mortgage and Deed of Trust, dated as of August 1, 1940,
between IESU (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), and the indentures
supplemental thereto dated, respectively, March 1, 1941, July 15,
1942, August 2, 1943, August 10, 1944, November 10, 1944, August 8,
1945, July 1, 1946, July 1, 1947, December 15, 1948, November 1, 1949,
November 10, 1950, October 1, 1951, March 1, 1952, November 5, 1952,
February 1, 1953, May 1, 1953, November 3, 1953, November 8, 1954,
January 1, 1955, November 1, 1955, November 9, 1956, November 6, 1957,
November 4, 1958, November 3, 1959, November 1, 1960, January 1, 1961,
November 7, 1961, November 6, 1962, November 5, 1963, November 4,
1964, November 2, 1965, September 1, 1966, November 30, 1966, November
7, 1967, November 5, 1968, November 1, 1969, December 1, 1970,
November 2, 1971, May 1, 1972, November 7, 1972, November 7, 1973,
September 10, 1974, November 5, 1975, July 1, 1976, November 1, 1976,
December 1, 1977, November 1, 1978, December 1, 1979, November 1,
1981, December 1, 1980, December 1, 1982, December 1, 1983, December
1, 1984, March 1, 1985, March 1, 1988, October 1, 1988, May 1, 1991,
March 1, 1992, October 1, 1993, November 1, 1993, March 1, 1995,
September 1, 1996 and April 1, 1997 (Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 2(a) in File No. 2-25347, Exhibit 2(a) in File No. 2-25347,
Exhibit 4.10 in IESU's Form 10-K for the year 1966, Exhibit 4.10 in
IESU's Form 10-K for the year 1966, Exhibit 4.10 in IESU's Form 10-K
for the year 1967, Exhibit 4.10 in IESU's Form 10-K for the year 1968,
Exhibit 4.10 in IESU's Form 10-K for the year 1969, Exhibit 1 in
IESU's Form 8-K dated December 1970, Exhibit 2(g) in File No. 2-43131,
Exhibit 1 in IESU's Form 8-K dated May 1972, Exhibit 2(i) in File No.
2-56078, Exhibit 2(j) in File No. 2-56078, Exhibit 2(k) in File No.
2-56078, Exhibit 2(l) in File No. 2-56078, Exhibit 1 in IESU's Form
8-K dated July 1976, Exhibit 1 in IESU's Form 8-K dated December 1976,
Exhibit 2(o) in File No. 2-60040, Exhibit 1 in IESU's Form 10-Q dated
June 30, 1979, Exhibit 2(q) in Form S-16 in File No. 2-65996, Exhibit
2 in IESU's Form 10-Q dated March 31, 1982, Exhibit 4(s) in IESU's
Form 10-K for the year 1981, Exhibit 4(t) in IESU's Form 10-K for the
year 1982, Exhibit 4(u) in IESU's Form 10-K for the year 1983, Exhibit
4(v) in IESU's Form 10-K for the year 1984, Exhibit 4(w) in IESU's
Form 10-K for the year 1984, Exhibit 4(b) in IESU's Form 10-Q dated
May 12, 1988, Exhibit 4(c) in IESU's Form 10-Q dated November 10,
1988, Exhibit 4(d) in IESU's Form 10-Q dated August 13, 1991, Exhibit
4(c) in IESU's Form 10-K for the year 1991, Exhibit 4(a) in IESU's
Form 10-Q dated November 12, 1993, Exhibit 4(b) in IESU's Form 10-Q
dated November 12, 1993, Exhibit 4(a) in IESU's Form 10-Q dated May
12, 1995, Exhibit 4(f) in IESU's Form 8-K dated September 19, 1996 and
Exhibit 4(b) in IESU's Form 10-Q dated May 14, 1997)
<PAGE>
C.9 * Indenture or Deed of Trust dated as of February 1, 1923, between
IESU (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), and the indentures
supplemental thereto dated, respectively, May 1, 1940, May 2, 1940,
October 1, 1945, October 2, 1945, January 1, 1948, September 1, 1950,
February 1, 1953, October 2, 1953, August 1, 1957, September 1, 1962,
June 1, 1967, February 1, 1973, February 1, 1975, July 1, 1975,
September 2, 1975, March 10, 1976, February 1, 1977, January 1, 1978,
March 1, 1979, March 1, 1980, May 31, 1986, July 1, 1991, September 1,
1992 and December 1, 1994 (Exhibit B-1-k in File No. 2-4921, Exhibit
B-1-l in File No. 2-4921, Exhibit 7(m) in File No. 2-8053, Exhibit
7(n) in File No. 2-8053, Exhibit 7(o) in File No. 2-8053, Exhibit 4(e)
in File No. 33-3995, Exhibit 4(b) in File No. 2-10543, Exhibit 4(q) in
File No. 2-10543, Exhibit 2(b) in File No. 2-13496, Exhibit 2(b) in
File No. 2-20667, Exhibit 2(b) in File No. 2-26478, Exhibit 2(b) in
File No. 2-46530, Exhibit 2(aa) in File No. 2-53860, Exhibit 2(bb) in
File No. 2-54285, Exhibit 2(bb) in File No. 2-57510, Exhibit 2(cc) in
File No. 2-57510, Exhibit 2(ee) in File No. 2-60276, Exhibit 2 in File
No. 0-849, Exhibit 2 in File No. 0-849, Exhibit 2 in File No. 0-849,
Exhibit 4(g) in File No. 33-3995, Exhibit 4(h) in File No. 0-849,
Exhibit 4(m) in File No. 0-849 and Exhibit 4(f) in File No. 0-4117-1)
C.10 * Indenture (For Unsecured Subordinated Debt Securities), dated as of
December 1, 1995, between IESU 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.11 * Indenture (For Senior Unsecured Debt Securities), dated as of August
1, 1997, between IESU 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.12 * The Original through the Nineteenth Supplemental Indentures of IPC
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.13 * Twentieth Supplemental Indenture of IPC 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)
C.14 * Indenture, relating to Resources' debt securities, dated as of
November 4, 1999, among Resources, Alliant Energy, as Guarantor, and
Firstar Bank, N.A., as Trustee, (incorporated by reference to Exhibit
4.1 to Resources' and Alliant Energy's Registration Statement on Form
S-4 (Registration No. 333-92859), and the indentures supplemental
thereto dated, respectively, November 4, 1999 and February 1, 2000
(Exhibit 4.2 in File No. 33-92859 and Exhibit 99.4 in Alliant Energy's
Form 8-K dated February 1, 2000)
C.15 * Registration Rights Agreement, related to Resources' 7-3/8% senior
notes due 2009, dated as of November 9, 1999, among Resources, Alliant
Energy, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan
Stanley & Co. Incorporated, Salomon Smith Barney Inc., ABN AMRO
Incorporated and Barclays Capital Inc. (incorporated by reference to
Exhibit 4.5 to Resources' and Alliant Energy's Registration Statement
on Form S-4 (Registration No. 333-92859))
<PAGE>
C.16 * Registration Rights Agreement, related to Resources' exchangeable
senior notes due 2030, dated as of February 1, 2000, among Resources,
Alliant Energy and Merrill Lynch, Pierce, Fenner & Smith Incorporated
(incorporated by reference to Exhibit 99.5 to Alliant Energy's Current
Report on Form 8-K dated February 1, 2000)
C.17 * Purchase Agreement, relating to Resources' 7-3/8% senior notes due
2009, dated as of November 4, 1999, among Resources, Alliant Energy,
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley &
Co. Incorporated, Salomon Smith Barney Inc., ABN AMRO Incorporated and
Barclays Capital Inc. (incorporated by reference to Exhibit 4.4 to
Resources' and Alliant Energy's Registration Statement on Form S-4
(Registration No. 333-92859))
C.18 * Purchase Agreement, relating to Resources' exchangeable senior notes
due 2030, dated as of January 26, 1999, among Resources, Alliant
Energy and Merrill Lynch, Pierce, Fenner & Smith Incorporated
(incorporated by reference to Exhibit 99.2 to Alliant Energy's Current
Report on Form 8-K dated February 1, 2000)
Exhibit D
- ---------
* Tax Allocation Agreement (incorporated by reference to Exhibit D to Alliant
Energy's Form U5S for the year ended December 31, 1998)
Exhibit E
- ---------
None
Exhibit F
- ---------
F.1 Report of Independent Public Accountants
F.2 Alliant Energy Consolidating Statements of Income for the year ended
December 31, 1999
F.3 Alliant Energy Consolidating Balance Sheets at December 31, 1999
F.4 Alliant Energy Consolidating Statements of Cash Flows for the year
ended December 31, 1999
F.5 Alliant Energy Consolidating Statements of Retained Earnings at
December 31, 1999
F.6 Resources Consolidating Statements of Income for the year ended
December 31, 1999
F.7 Resources Consolidating Balance Sheets at December 31, 1999
F.8 Resources Consolidating Statements of Cash Flows for the year ended
December 31, 1999
F.9 Resources Consolidating Statements of Retained Earnings at December
31, 1999
F.10 ISCO Consolidating Statements of Income for the year ended December
31, 1999
F.11 ISCO Consolidating Balance Sheets at December 31, 1999
F.12 ISCO Consolidating Statements of Cash Flows for the year ended
December 31, 1999
F.13 ISCO Consolidating Statements of Retained Earnings at December 31,
1999
F.14 International Consolidating Statements of Income for the year ended
December 31, 1999
F.15 International Consolidating Balance Sheets at December 31, 1999
F.16 International Consolidating Statements of Cash Flows for the year
ended December 31, 1999
F.17 International Consolidating Statements of Retained Earnings at
December 31, 1999
F.18 Investments Consolidating Statements of Income for the year ended
December 31, 1999
F.19 Investments Consolidating Balance Sheets at December 31, 1999
F.20 Investments Consolidating Statements of Cash Flows for the year ended
December 31, 1999
F.21 Investments Consolidating Statements of Retained Earnings at December
31, 1999
F.22 Transportation Consolidating Statements of Income for the year ended
December 31, 1999
F.23 Transportation Consolidating Balance Sheets at December 31, 1999
F.24 Transportation Consolidating Statements of Cash Flows for the year
ended December 31, 1999
F.25 Transportation Consolidating Statements of Retained Earnings at
December 31, 1999
F.26 Supporting Schedules - Utility Plant Accounts (Filed under cover of
Form SE)
Exhibit G
- ---------
Financial Data Schedules for Alliant Energy and subsidiaries at and for the
period ended December 31, 1999
<PAGE>
Exhibit H
- ---------
Foreign Utility Company Organization Chart
Exhibit I
- ---------
Foreign Utility Company Financial Statements
International was organized as a holding company for international
investments of Alliant Energy. The assets of International are primarily debt
and equity investments in their subsidiary companies. In 1999, International had
$5.4 million of operating expenses.
Documents incorporated by reference to filings made by Alliant Energy under
the Securities Exchange Act of 1934, as amended, and the Public Utility Holding
Company Act of 1935 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.
<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.
Alliant Energy Corporation
By: /s/ Daniel A. Doyle
- ------------------------
Daniel A. Doyle
Vice President - Chief Accounting and Financial Planning Officer
Date: May 1, 2000
<PAGE>
<TABLE>
<CAPTION>
EXHIBIT INDEX
<S> <C>
Exhibits Description
23 Consent of Independent Public Accountants
B.12 Bylaws of IPC, as amended, effective as of March 15, 2000
B.20 Bylaws of Resources, as amended, effective as of March 15, 2000
F.1 Report of Independent Public Accountants
F.2 Alliant Energy Consolidating Statements of Income for the year ended December 31, 1999
F.3 Alliant Energy Consolidating Balance Sheets at December 31, 1999
F.4 Alliant Energy Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.5 Alliant Energy Consolidating Statements of Retained Earnings at December 31, 1999
F.6 Resources Consolidating Statements of Income for the year ended December 31, 1999
F.7 Resources Consolidating Balance Sheets at December 31, 1999
F.8 Resources Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.9 Resources Consolidating Statements of Retained Earnings at December 31, 1999
F.10 ISCO Consolidating Statements of Income for the year ended December 31, 1999
F.11 ISCO Consolidating Balance Sheets at December 31, 1999
F.12 ISCO Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.13 ISCO Consolidating Statements of Retained Earnings at December 31, 1999
F.14 International Consolidating Statements of Income for the year ended December 31, 1999
F.15 International Consolidating Balance Sheets at December 31, 1999
F.16 International Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.17 International Consolidating Statements of Retained Earnings at December 31, 1999
F.18 Investments Consolidating Statements of Income for the year ended December 31, 1999
F.19 Investments Consolidating Balance Sheets at December 31, 1999
F.20 Investments Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.21 Investments Consolidating Statements of Retained Earnings at December 31, 1999
F.22 Transportation Consolidating Statements of Income for the year ended December 31, 1999
F.23 Transportation Consolidating Balance Sheets at December 31, 1999
F.24 Transportation Consolidating Statements of Cash Flows for the year ended December 31, 1999
F.25 Transportation Consolidating Statements of Retained Earnings at December 31, 1999
G Financial Data Schedules for Alliant Energy and subsidiaries at and for the period ended
December 31, 1999
H Foreign Utility Company Organization Chart
I Foreign Utility Company Financial Statements
</TABLE>
Exhibit 23
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
-----------------------------------------
As independent public accountants, we hereby consent to the incorporation
by reference in this Alliant 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, 1999, of our reports dated
January 28, 2000, on the consolidated financial statements of Alliant 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 Alliant Energy
Corporation and its subsidiaries and of certain of its subsidiaries for the year
ended December 31, 1999. It should be noted that we have performed no audit
procedures subsequent to January 28, 2000, the date of our reports. Furthermore,
we have not audited any financial statements of Alliant Energy Corporation and
its subsidiaries as of any date or for any period subsequent to December 31,
1999.
/s/ Arthur Andersen LLP
- -----------------------
Arthur Andersen LLP
Milwaukee, Wisconsin
May 1, 2000
Exhibit B.12
BYLAWS
OF
INTERSTATE POWER COMPANY
Effective as of March 15, 2000
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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 fixed from time to time exclusively by the Board of
Directors pursuant to a resolution adopted by the affirmative vote of a
majority of the total number of Directors that the Corporation would have if
there were no vacancies, but shall not be less than nine (9) nor more than
thirteen (13). The Directors of the Corporation shall be divided, with
respect to the time for which they severally hold office, into three classes,
as nearly equal in number as possible. At each Annual Meeting, the
successors to the class of Directors whose terms shall expire at the time of
such Annual Meeting shall be elected to hold office until the third
succeeding Annual Meeting, and until their successors are duly elected and
qualified.
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.
<PAGE>
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
seventy (70) years of age shall be eligible for election or re-election to
the Board of Directors. Any Director who has attained seventy (70) years of
age shall resign from the Board of Directors effective as of the next Annual
Meeting. For a period of five (5) years following April 21, 1998, no person,
except any of the initial Directors serving as such on April 21, 1998, 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.
<PAGE>
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.
<PAGE>
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
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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 March 15, 2000.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
corporate seal of said Company this ____________ day of ___________________,
______.
________________________________
Exhibit B.20
BYLAWS
OF
ALLIANT ENERGY RESOURCES, INC.
Effective as of March 15, 2000
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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 fixed from time to time exclusively by the Board of
Directors pursuant to a resolution adopted by the affirmative vote of a
majority of the total number of Directors that the Corporation would have if
there were no vacancies, but shall not be less than nine (9) nor more than
thirteen (13). The Directors of the Corporation shall be divided, with
respect to the time for which they severally hold office, into three classes,
as nearly equal in number as possible. At each Annual Meeting, the
successors to the class of Directors whose terms shall expire at the time of
such Annual Meeting shall be elected to hold office until the third
succeeding Annual Meeting, and until their successors are duly elected and
qualified.
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.
<PAGE>
Section 4.5 QUALIFICATIONS AND REMOVAL. - No person who has attained
seventy (70) years of age shall be eligible for election or re-election to
the Board of Directors. Any Director who has attained seventy (70) years of
age shall resign from the Board of Directors effective as of the next Annual
Meeting. For a period of five (5) years following April 21, 1998, no person,
except any of the initial Directors serving as such on April 21, 1998, 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, 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.
<PAGE>
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.
<PAGE>
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;
<PAGE>
(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.
<PAGE>
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
<PAGE>
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.
<PAGE>
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.
<PAGE>
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.
<PAGE>
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
<PAGE>
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.
<PAGE>
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 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 March 15,
2000.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
corporate seal of said Company this ____________ day of ___________________,
______.
________________________________
Exhibit F.1
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
----------------------------------------
To the Shareowners of Alliant Energy Corporation:
We have audited the accompanying consolidated balance sheets and statements
of capitalization of Alliant Energy Corporation (a Wisconsin Corporation) and
subsidiaries as of December 31, 1999 and 1998, 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, 1999. 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 Alliant Energy Corporation
and subsidiaries as of December 31, 1999 and 1998, and the results of their
operations and their cash flows for each of the three years in the period ended
December 31,1999, in conformity with generally accepted accounting principles.
/s/ ARTHUR ANDERSEN LLP
-----------------------
ARTHUR ANDERSEN LLP
Milwaukee, Wisconsin,
January 28, 2000
<TABLE>
<CAPTION>
EXHIBIT F.2
ALLIANT ENERGY CORPORATION
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Alliant Consolidated
Interstate Wisconsin Energy Alliant
IES Power Power Corporate Energy
Utilities Inc. Company and Light Company Services, Inc. Resources, Inc.
---------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Operating Revenues:
Electric $627,949,589 $294,381,076 $626,606,886 $- $-
Gas 145,825,125 47,723,722 120,769,919 - -
Steam 26,713,081 - - - 1,394,549
Water - - 5,128,435 - -
Non-regulated energy - - - - 103,860,549
Environmental and engineering services - - - - 77,359,135
Affordable housing - - - - 11,895,338
Oil and gas production - - - - 62,584,783
Professional fees, rents and other 208,428 - - 242,566,386 47,934,894
--------------------------------------------------------------------------------
Total operating revenues 800,696,223 342,104,798 752,505,240 242,566,386 305,029,248
--------------------------------------------------------------------------------
Operating Expenses:
Electric production fuels 80,078,654 56,536,549 110,521,260 - -
Steam production fuels 15,168,251 - - - -
Purchased power 82,401,956 65,446,265 107,597,801 - -
Cost of gas sold 88,308,368 28,138,377 64,072,503 - -
Cost of non-regulated energy sold - - - - 100,772,577
Other operating 174,416,869 65,157,083 126,480,245 236,012,851 159,256,353
Maintenance 48,504,285 16,719,321 45,651,964 - 4,538,634
Depreciation and amortization 101,052,826 33,259,408 113,036,726 - 31,691,858
Miscellaneous taxes other than income taxes 49,265,888 15,484,590 30,240,094 5,488,402 9,978,675
-------------------------------------------------------------------------------
Total operating expenses 639,197,097 280,741,593 597,600,593 241,501,253 306,238,097
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Operating Income (Loss) 161,499,126 61,363,205 154,904,647 1,065,133 (1,208,849)
-------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense 51,025,137 13,734,254 38,370,632 - 24,869,993
Interest expense - intercompany 826,497 1,387,448 2,621,624 5,211,634 1,405
Interest income (5,281,182) (463,354) 7,273,023 - (4,654,185)
Interest income - intercompany (462,597) - - (4,902,522) (13,124)
Dividend income (1,707) - (9,379) - (4,533,913)
Allow. for equity funds used during construction (1,159,436) 71,047 (3,241,503) - -
Allow. for borrowed funds used during construction (1,206,833) (486,298) (1,269,025) - -
Income from consolidated subsidiaries - - - - -
Equity (income)/loss in unconsolidated subsidiaries - - (641,370) - (3,032,608)
Minority interest of loss - - - - 240,551
Other (income) and deductions - net 1,928,100 (3,631,374) (4,787,609) - (58,980,958)
------------------------------------------------------------------------------
Total interest expense and other 45,667,979 10,611,723 38,316,393 309,112 (46,102,839)
------------------------------------------------------------------------------
------------------------------------------------------------------------------
Income (loss) before Income Taxes and Preferred
Dividends 115,831,147 50,751,482 116,588,254 756,021 44,893,990
------------------------------------------------------------------------------
Income Taxes:
Current - Federal 44,195,682 17,137,738 47,277,947 3,057,102 10,225,182
- State 11,791,352 4,236,479 11,098,512 - 2,049,359
Deferred - Federal (1,670,228) (367,582) (9,427,597) (2,301,081) 2,844,887
- State (2,167,826) (65,356) (1,331,197) - 603,442
Section 29 tax credits (203,071) - - - (3,212,229)
Amortization of investment tax credits (2,561,040) (1,035,588) (1,859,232) - -
Low-income housing tax credits - - - - (5,948,888)
------------------------------------------------------------------------------
Total income taxes 49,384,869 19,905,691 45,758,433 756,021 6,561,753
------------------------------------------------------------------------------
Preferred Dividend Requirement of Subsidiaries 914,376 2,481,290 3,310,248 - -
------------------------------------------------------------------------------
Net Income / (Loss) $65,531,902 $28,364,501 $67,519,573 - $38,332,237
==============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION> EXHIBIT F.2
ALLIANT ENERGY CORPORATION (Continued)
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
WPL Consolidated
Alliant Holdings Alliant Alliant
Energy Commodities Energy Energy
Nuclear, L.L.C. Trading L.L.C. Corporation Subtotal Eliminations Corporation
------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Operating Revenues:
Electric $- $- $- $1,548,937,551 $- $1,548,937,551
Gas - - - 314,318,766 314,318,766
Steam - - - 28,107,630 28,107,630
Water - - - 5,128,435 5,128,435
Non-regulated energy - - - 103,860,549 103,860,549
Environmental and engineering services - - - 77,359,135 77,359,135
Affordable housing - - - 11,895,338 11,895,338
Oil and gas production - - - 62,584,783 62,584,783
Professional fees, rents and other - - - 290,709,708 (244,938,809) 45,770,899
------------------------------------------------------------------------------------------
Total operating revenues - - - 2,442,901,895 (244,938,809) 2,197,963,086
------------------------------------------------------------------------------------------
Operating Expenses:
Electric production fuels - - - 247,136,463 247,136,463
Steam production fuels - - - 15,168,251 15,168,251
Purchased power - - - 255,446,022 255,446,022
Cost of gas sold - - - 180,519,248 180,519,248
Cost of non-regulated energy sold - - - 100,772,577 100,772,577
Other operating - 81 285,523 761,609,005 (238,694,386) 522,914,619
Maintenance - - - 115,414,204 115,414,204
Depreciation and amortization - 46,750 - 279,087,568 279,087,568
Miscellaneous taxes other than
income taxes - - - 110,457,649 (5,488,402) 104,969,247
------------------------------------------------------------------------------------------
Total operating expenses - 46,831 285,523 2,065,610,987 (244,182,788) 1,821,428,199
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Operating Income (Loss) - (46,831) (285,523) 377,290,908 (756,021) 376,534,887
------------------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense - - 8,229,259 136,229,275 136,229,275
Interest expense - intercompany - - 287 10,048,895 (10,048,895) -
Interest income - - (253,673) (3,379,371) (3,379,371)
Interest income - intercompany - (1,391) (4,680,562) (10,060,196) 10,060,196 -
Dividend income - - - (4,544,999) (4,544,999)
Allow. for equity funds used
during construction - - - (4,329,892) (4,329,892)
Allow. for borrowed funds used
during construction - - - (2,962,156) (2,962,156)
Income from consolidated subsidiaries - - (199,036,855) (199,036,855) 199,036,855 -
Equity (income)/loss in
unconsolidated subsidiaries 548,224 117,704 - (3,008,050) (3,008,050)
Minority interest of loss - - - 240,551 240,551
Other (income) and deductions - net - - - (65,471,841) (11,301) (65,483,142)
------------------------------------------------------------------------------------------
Total interest expense and other 548,224 116,313 (195,741,544) (146,274,639) 199,036,855 52,762,216
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Income (loss) before Income
Taxes and Preferred Dividends (548,224) (163,144) 195,456,021 523,565,547 (199,792,876) 323,772,671
------------------------------------------------------------------------------------------
Income Taxes:
Current - Federal - - (1,908,925) 119,984,726 (3,057,102) 116,927,624
- State - - 4,082 29,179,784 29,179,784
Deferred - Federal - - 675,517 (10,246,084) 2,301,081 (7,945,003)
- State - - 103,893 (2,857,044) (2,857,044)
Section 29 tax credits - - - (3,415,300) (3,415,300)
Amortization of investment
tax credits - - - (5,455,860) (5,455,860)
Low-income housing tax credits - - - (5,948,888) (5,948,888)
------------------------------------------------------------------------------------------
Total income taxes - - (1,125,433) 121,241,334 (756,021) 120,485,313
------------------------------------------------------------------------------------------
Preferred Dividend Requirement
of Subsidiaries - - - 6,705,914 6,705,914
------------------------------------------------------------------------------------------
Net Income / (Loss) ($548,224) ($163,144) $196,581,454 $395,618,299 ($199,036,855) $196,581,444
==========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANT ENERGY CORPORATION Exhibit F.3
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Consolidated Consolidated Alliant Consolidated
Interstate Wisconsin Energy Alliant Energy
IES Utilities Power Power and Light Corporate Resources,
ASSETS: Inc. Company Company Services, Inc. Inc.
------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Property, Plant and Equipment:
Utility:
Plant in service:
Electric $2,196,894,743 $914,156,384 $1,921,623,795 $- $-
Gas 207,769,236 74,972,344 258,132,112 - -
Water - - 27,770,049 - -
Steam 59,929,363 - - - -
Other 147,844,861 4,395,791 218,606,961 - -
------------------------------------------------------------------------------
Subtotal 2,612,438,203 993,524,519 2,426,132,917 - -
Less - Accumulated depreciation (1,311,995,683) (499,097,659) (1,266,365,840) - -
------------------------------------------------------------------------------
Total net plant in service 1,300,442,520 494,426,860 1,159,767,077 - -
Construction work in progress 37,571,518 14,921,032 66,783,883 - -
Nuclear fuel, net of amortization 39,284,336 - 15,078,955 - -
------------------------------------------------------------------------------
Total utility plant, net 1,377,298,374 509,347,892 1,241,629,915 - -
Other Property, Plant and Equipment:
Rental property - - - - 133,374,856
Less - Accumulated depreciation - - - - (27,863,427)
Oil and gas properties - - - - 243,496,909
Less - Accumulated depreciation - - - - (113,053,221)
Other 7,574,770 149,835 776,923 1,239,816 155,977,256
Less - Accumulated depreciation (2,094,383) - (168,595) (291,170) (41,250,964)
------------------------------------------------------------------------------
Total other property, plant
and equipment, net 5,480,387 149,835 608,328 948,646 350,681,409
------------------------------------------------------------------------------
Total property, plant and equipment 1,382,778,761 509,497,727 1,242,238,243 948,646 350,681,409
------------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - - -
Nuclear decommissioning trust funds 105,056,048 - 166,201,953 - -
Investment in foreign entities - - - - 198,055,117
Investment in McLeodUSA Inc. - - - - 1,123,790,203
Cash surrender value - life insurance policies 6,039,683 2,037,572 6,854,301 - 766,637
Investment in low-income housing projects - - - - 8,109,675
Other 79,216 4,656,675 8,417,604 - 6,185,128
------------------------------------------------------------------------------
Total investments 111,174,947 6,694,247 181,473,858 - 1,336,906,760
------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 5,720,459 3,544,763 3,554,596 7,116,840 65,086,104
Accounts receivable - customers 824,083 25,224,397 (3,791,167) 1,970,865 45,323,695
Accounts receivable - other 13,681,409 2,893,963 10,984,283 80,082 3,259,190
Unbilled utility revenues 14,129,676 8,044,943 25,858,279 - -
Current notes receivable 505,883 271,497 201,372 - 5,502,174
Allowance for doubtful accounts (A/R customers) (824,083) (200,000) (6,366) (54,743) (1,167,972)
Allowance for doubtful accounts (A/R other) (817,020) - - - (136,717)
Allowance for doubtful accounts (notes) - - - - (153,163)
Intercompany receivables (accts,notes,
dividends,taxes, etc.) 5,695,552 2,639,571 5,067,370 53,427,087 2,151,702
Loan to money pools - - - 2,854,764 -
Income taxes receivable 6,006,521 480,974 - - 6,524,301
Prepaid gross receipts tax - - 20,863,815 - -
Production fuel, at average cost 12,311,857 16,682,522 20,662,994 - -
Materials and supplies, at average cost 24,722,244 5,965,824 20,439,397 - 1,312,822
Gas stored underground, at average cost 11,462,302 3,064,382 8,624,198 - -
Regulatory assets 18,568,787 11,162,816 3,706,920 - -
Restricted cash 12,322 1,047,973 - - 1,627,196
Prepayments and other 13,501,785 279,406 5,365,892 20,268 3,071,894
------------------------------------------------------------------------------
Total current assets 125,501,777 81,103,031 121,531,583 65,415,163 132,401,226
------------------------------------------------------------------------------
Other Assets:
Regulatory assets 123,031,349 58,417,416 82,161,375 - -
Non-current notes receivable 548,975 1,033,333 - - 9,707,792
Restricted cash - - - - 6,570,073
Prepaid pension costs - - 38,539,334 - -
Unamortized debt expenses 3,860,555 5,393,671 12,811,625 - 4,445,978
Deferred charges and other 8,911,635 44,808 87,378,965 - 7,836,064
------------------------------------------------------------------------------
Total other assets 136,352,514 64,889,228 220,891,299 - 28,559,907
------------------------------------------------------------------------------
------------------------------------------------------------------------------
Total Assets $1,755,807,999 $662,184,233 $1,766,134,983 $66,363,809 $1,848,549,302
==============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION> ALLIANT ENERGY CORPORATION Exhibit F.3
CONSOLIDATING BALANCE SHEETS (Continued) (Continued)
AS OF DECEMBER 31, 1999
Alliant WPL Holdings Alliant Consolidated
Energy Commodities Energy Alliant Energy
ASSETS: Nuclear, L.L.C. Trading L.L.C. Corporation Subtotal Eliminations Corporation
------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Property, Plant and Equipment:
Utility:
Plant in service:
Electric $- $- $- $5,032,674,922 $- $5,032,674,922
Gas - - - 540,873,692 540,873,692
Water - - - 27,770,049 27,770,049
Steam - - - 59,929,363 59,929,363
Other - - - 370,847,613 370,847,613
------------------------------------------------------------------------------------------
Subtotal - - - 6,032,095,639 - 6,032,095,639
Less - Accumulated depreciation - - - (3,077,459,182) (3,077,459,182)
------------------------------------------------------------------------------------------
Total net plant in service - - - 2,954,636,457 - 2,954,636,457
Construction work in progress - - - 119,276,433 119,276,433
Nuclear fuel, net of amortization - - - 54,363,291 54,363,291
------------------------------------------------------------------------------------------
Total utility plant, net - - - 3,128,276,181 - 3,128,276,181
Other Property, Plant and Equipment:
Rental property - - - 133,374,856 133,374,856
Less - Accumulated depreciation - - - (27,863,427) (27,863,427)
Oil and gas properties - - - 243,496,909 243,496,909
Less - Accumulated depreciation - - - (113,053,221) (113,053,221)
Other - - - 165,718,600 (110,544) 165,608,056
Less - Accumulated depreciation - - - (43,805,112) (43,805,112)
------------------------------------------------------------------------------------------
Total other property, plant
and equipment, net - - - 357,868,605 (110,544) 357,758,061
------------------------------------------------------------------------------------------
Total property, plant and equipment - - - 3,486,144,786 (110,544) 3,486,034,242
------------------------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - 1,568,848,051 1,568,848,051 (1,568,848,051) -
Nuclear decommissioning trust funds - - - 271,258,001 271,258,001
Investment in foreign entities - - - 198,055,117 198,055,117
Investment in McLeodUSA Inc. - - - 1,123,790,203 1,123,790,203
Cash surrender value - life
insurance policies - - 9,165,937 24,864,130 24,864,130
Investment in low-income
housing projects - - - 8,109,675 8,109,675
Other 501,776 - 7,051,692 26,892,091 26,892,091
------------------------------------------------------------------------------------------
Total investments 501,776 - 1,585,065,680 3,221,817,268 (1,568,848,051) 1,652,969,217
------------------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - - 28,646,663 113,669,425 113,669,425
Accounts receivable - customers - - - 69,551,873 69,551,873
Accounts receivable - other - - 150,000 31,048,927 31,048,927
Unbilled utility revenues - - - 48,032,898 48,032,898
Current notes receivable - - - 6,480,926 6,480,926
Allowance for doubtful accounts
(A/R customers) - - - (2,253,164) (2,253,164)
Allowance for doubtful accounts (A/R other) - - - (953,737) (953,737)
Allowance for doubtful accounts (notes) - - - (153,163) (153,163)
Intercompany receivables (accts,
notes, dividends,taxes,etc.) - - 123,746 69,105,028 (69,105,028) -
Loan to money pools - - 219,116,547 221,971,311 (221,971,311) -
Income taxes receivable - - 1,599,214 14,611,010 14,611,010
Prepaid gross receipts tax - - - 20,863,815 20,863,815
Production fuel, at average cost - - - 49,657,373 49,657,373
Materials and supplies, at average cost - - - 52,440,287 52,440,287
Gas stored underground, at average cost - - - 23,150,882 23,150,882
Regulatory assets - - - 33,438,523 33,438,523
Restricted cash - - - 2,687,491 2,687,491
Prepayments and other - - 1,473,525 23,712,770 23,712,770
------------------------------------------------------------------------------------------
Total current assets - - 251,109,695 777,062,475 (291,076,339) 485,986,136
------------------------------------------------------------------------------------------
Other Assets:
Regulatory assets - - - 263,610,140 263,610,140
Non-current notes receivable - - - 11,290,100 11,290,100
Restricted cash - - - 6,570,073 6,570,073
Prepaid pension costs - - - 38,539,334 38,539,334
Unamortized debt expenses - - - 26,511,829 26,511,829
Deferred charges and other - - - 104,171,472 104,171,472
------------------------------------------------------------------------------------------
Total other assets - - - 450,692,948 - 450,692,948
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Total Assets $501,776 $- $1,836,175,375 $7,935,717,477 ($1,860,034,934) $6,075,682,543
==========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.3
ALLIANT ENERGY CORPORATION (Continued)
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Consolidated Consolidated Alliant Alliant
Interstate Wisconsin Energy Energy
IES Power Power and Light Corporate Resources,
CAPITALIZATION AND LIABILITIES: Utilities Inc. Company Company Services, Inc. Inc.
---------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Capitalization:
Common stock and additional paid-in capital $312,469,055 $142,968,841 $295,621,214 $1 $232,508,483
Retained earnings 252,953,281 81,548,421 303,475,479 - (53,198,500)
Other comprehensive income:
Unrealized security gains (FAS 115) - - - - 644,480,658
Cumulative foreign currency translation
adjustments - - - - (9,578,208)
---------------------------------------------------------------------------------
Total common equity 565,422,336 224,517,262 599,096,693 1 814,212,433
---------------------------------------------------------------------------------
Preferred stock (optional sinking fund) 18,320,300 10,819,050 59,963,000 - -
Preferred stock (mandatory sinking fund) - 24,536,242 - - -
Long-term debt (excluding current portion) 551,078,297 170,313,103 414,673,499 - 326,699,789
---------------------------------------------------------------------------------
Total capitalization 1,134,820,933 430,185,657 1,073,733,192 1 1,140,912,222
---------------------------------------------------------------------------------
Current liabilities:
Current mat. & sink. funds of long-term
debt & pref. stock 51,196,000 - 1,875,000 - 1,723,760
Variable rate demand bonds - - 55,100,000 - -
Borrowings from money pools 56,945,810 39,197,691 125,749,174 - 78,636
Commercial paper - - - - 138,848,000
Notes payable - - - - 46,043
Capital lease obligation 13,307,583 13,814 - - -
Accounts payable 41,273,444 12,817,455 88,244,938 25,706,180 23,116,148
Dividends payable - common - - - - -
Dividends payable - preferred 228,431 598,630 434,566 - -
Intercompany payables (accts,notes,dividends,
taxes,etc.) 17,437,900 10,171,799 25,305,932 13,800,737 1,815,323
Accrued payroll and vacations 7,815,921 1,647,863 7,498,959 6,893,428 5,706,723
Accrued interest 10,833,074 2,511,804 6,903,030 - 4,418,963
Accrued income taxes - - 5,721,171 506,417 7,262,164
Accrued other taxes (property, payroll, etc.) 44,258,709 14,648,178 817,508 212,445 5,398,855
Accumulated refueling outage provision 1,454,807 - - - -
Environmental liabilities 5,529,704 1,662,000 600,073 - 16,012
Other current liabilities 8,588,466 6,818,701 8,307,828 16,763,275 9,237,992
--------------------------------------------------------------------------------
Total current liabilities 258,869,849 90,087,935 326,558,179 63,882,482 197,668,619
--------------------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 225,961,115 91,787,382 235,838,032 (9,605,351) 480,489,098
Accumulated deferred investments tax credit 26,682,061 13,864,270 31,310,672 - -
Pension and other benefit obligations 27,733,932 9,160,341 - 11,950,462 3,380,379
Capital lease obligation 25,976,753 64,743 - - -
Environmental liabilities 26,291,519 15,056,965 10,861,470 - 13,116,730
Customer advances 3,060,349 393,442 34,642,513 - -
Minority interest - - - - 7,208,013
Other 26,411,488 11,583,498 53,190,925 136,215 5,774,241
--------------------------------------------------------------------------------
Total long-term liabilities 362,117,217 141,910,641 365,843,612 2,481,326 509,968,461
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Total Liabilities and Capitalization $1,755,807,999 $662,184,233 $1,766,134,983 $66,363,809 $1,848,549,302
================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.3
ALLIANT ENERGY CORPORATION (Continued)
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
WPL Consolidated
Alliant Holdings Alliant Alliant
Energy Commodities Energy Energy
CAPITALIZATION AND LIABILITIES: Nuclear, L.L.C. Trading L.L.C. Corporation Subtotal Eliminations Corporation
------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Capitalization:
Common stock and additional
paid-in capital $1,050,000 $- $943,198,128 $1,927,815,722 ($984,617,594) $943,198,128
Retained earnings (548,224) - 577,568,495 1,161,798,952 (584,334,764) 577,464,188
Other comprehensive income:
Unrealized security
gains (FAS 115) - - - 644,480,658 644,480,658
Cumulative foreign currency
translation adjustments - - - (9,578,208) (9,578,208)
----------------------------------------------------------------------------------------------
Total common equity 501,776 - 1,520,766,623 3,724,517,124 (1,568,952,358) 2,155,564,766
----------------------------------------------------------------------------------------------
Preferred stock (optional
sinking fund) - - - 89,102,350 89,102,350
Preferred stock (mandatory
sinking fund) - - - 24,536,242 24,536,242
Long-term debt (excluding
current portion) - - 24,000,000 1,486,764,688 1,486,764,688
----------------------------------------------------------------------------------------------
Total capitalization 501,776 - 1,544,766,623 5,324,920,404 (1,568,952,358) 3,755,968,046
----------------------------------------------------------------------------------------------
Current liabilities:
Current mat. & sink. funds
of long-term
debt & pref. stock - - - 54,794,760 54,794,760
Variable rate demand bonds - - - 55,100,000 55,100,000
Borrowings from money pools - - - 221,971,311 (221,971,311) -
Commercial paper - - 235,825,000 374,673,000 374,673,000
Notes payable - - 50,000,000 50,046,043 50,046,043
Capital lease obligation - - - 13,321,397 13,321,397
Accounts payable - - 64,626 191,222,791 (74,068) 191,148,723
Dividends payable - common - - 1,013,664 1,013,664 1,013,664
Dividends payable - preferred - - - 1,261,627 - 1,261,627
Intercompany payables (accts,notes,
dividends,taxes,etc.) - - 499,269 69,030,960 (69,030,960) -
Accrued payroll and vacations - - - 29,562,894 29,562,894
Accrued interest - - 150,674 24,817,545 24,817,545
Accrued income taxes - - - 13,489,752 13,489,752
Accrued other taxes (property,
payroll, etc.) - - - 65,335,695 65,335,695
Accumulated refueling outage
provision - - - 1,454,807 1,454,807
Environmental liabilities - - - 7,807,789 7,807,789
Other current liabilities - - 81,015 49,797,277 49,797,277
---------------------------------------------------------------------------------------------
Total current
liabilities - - 287,634,248 1,224,701,312 (291,076,339) 933,624,973
---------------------------------------------------------------------------------------------
Deferred Credits and Other
Non-current
Liabilities:
Accumulated deferred income taxes - - (5,988,014) 1,018,482,262 1,018,482,262
Accumulated deferred investments
tax credit - - - 71,857,003 71,857,003
Pension and other benefit
obligations - - 9,762,518 61,987,632 61,987,632
Capital lease obligation - - - 26,041,496 26,041,496
Environmental liabilities - - - 65,326,684 65,326,684
Customer advances - - - 38,096,304 38,096,304
Minority interest - - - 7,208,013 7,208,013
Other - - - 97,096,367 (6,237) 97,090,130
--------------------------------------------------------------------------------------------
Total long-term
liabilities - - 3,774,504 1,386,095,761 (6,237) 1,386,089,524
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
Total Liabilities and Capitalization $501,776 $- $1,836,175,375 $7,935,717,477 ($1,860,034,934) $6,075,682,543
============================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.4
ALLIANT ENERGY CORPORATION
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Alliant Energy
IES Interstate Power Wisconsin Power Corporate
Utilities Inc. Company and Light Company Services, Inc.
-----------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $66,446,278 $30,845,791 $70,829,821 $-
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 101,052,826 33,259,408 113,036,726 -
Amortization of nuclear fuel 11,400,135 - 6,093,808 -
Amort. of def. energy efficiency expend. 15,999,741 9,435,602 - -
Deferred taxes and investment tax credits (6,399,094) (1,468,526) (12,618,026) (2,301,081)
Refueling outage provision (5,150,266) - - -
Impairment of oil and gas properties - - - -
Gain on disposition of assets (29,087) (2,196,669) (158,143) -
Other 1,383,915 889,537 2,589,726 -
Other changes in assets and liabilities:
Accounts receivable (2,978,549) (7,192,742) (13,422,942) (2,047,485)
Notes receivable (120,428) (271,497) (201,372) -
Production fuel, at average cost (448,481) 5,489,301 (557,894) -
Materials and supplies, at average cost 869,232 732,207 (414,429) -
Gas stored underground, at average cost 821,404 (73,161) 2,113,945 -
Accounts payable (7,728,474) (1,358,306) 8,482,287 (2,909,583)
Accrued taxes (11,035,860) (4,273,772) 5,799,090 517,343
Other (2,381,133) 1,842,841 (18,592,993) 19,066,841
-----------------------------------------------------------------
Net cash flows from (used for) operating activities 161,702,159 65,660,014 162,979,604 12,326,035
-----------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (87,950,776) (32,558,851) (58,352,870) -
Preferred stock dividends (914,376) (2,481,289) (3,310,248) -
Proceeds from issuance of common stock, net of treasury stock - - - -
Capital contribution from parent - - 30,000,000 -
Net change in Alliant Energy Resources, Inc. credit facility - - - -
Proceeds from issuance of long-term debt - 10,950,000 - -
Reductions of long-term debt (50,140,000) (10,950,000) - -
Net change in short-term borrowings - - (50,000,000) -
Net change in borrowings from / (loans to) money pools 56,945,810 17,340,604 98,950,607 (10,884,850)
Principal payments under capital lease obligations (12,887,493) - - -
Net change in dividends payable (4,839,424) (35) 30 -
Other (18,537) (121,804) - -
-----------------------------------------------------------------
Net cash flows from (used for) financing activities (99,804,796) (17,821,375) 17,287,519 (10,884,850)
-----------------------------------------------------------------
Cash flows used for investing activities:
Construction and acquisition expenditures:
Utility (107,341,976) (45,362,593) (131,912,834) -
Other (3,958) (31,653) (113,493) (688,125)
Nuclear decommissioning trust fund contributions (6,008,004) - (16,092,000) -
Shared savings expenditures, net - (4,760,176) (31,085,359) -
Proceeds from the disposition of assets 106,872 2,954,991 236,817 -
Other (834,125) (3,699,507) 442,982 172,157
-----------------------------------------------------------------
Net cash flows used for investing activities (114,081,191) (50,898,938) (178,523,887) (515,968)
-----------------------------------------------------------------
-----------------------------------------------------------------
Net increase (decrease) in cash and temp. cash invest. (52,183,828) (3,060,299) 1,743,236 925,217
-----------------------------------------------------------------
Cash and temporary cash investments at beginning of period 57,904,287 6,605,062 1,811,360 6,191,623
-----------------------------------------------------------------
Cash and temporary cash investments at end of period $5,720,459 $3,544,763 $3,554,596 $7,116,840
=================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.4 (Continued)
ALLIANT ENERGY CORPORATION
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
WPL
Consolidated Holdings Alliant
Alliant Energy Alliant Energy Commodities Energy
Resources, Inc. Nuclear, L.L.C. Trading L.L.C. Corporation
----------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $38,332,237 ($548,224) ($163,144) $196,581,454
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 31,691,858 - 46,750 -
Amortization of nuclear fuel - - - -
Amort. of def. energy efficiency expend. - - - -
Deferred taxes and investment tax credits 3,448,329 - - 779,410
Refueling outage provision - - - -
Impairment of oil and gas properties 3,276,110 - - -
Gain on disposition of assets (59,285,657) - - -
Other (2,152,561) 548,224 117,704 800,973
Other changes in assets and liabilities:
Accounts receivable (1,541,492) - - 6,729,992
Notes receivable 7,658,006 - - -
Production fuel, at average cost - - - -
Materials and supplies, at average cost (136,831) - - -
Gas stored underground, at average cost - - - -
Accounts payable (473,232) - - 109,678
Accrued taxes 5,383,126 - - (2,485,845)
Other 6,361,278 - (46,751) (3,990,755)
---------------------------------------------------------------
Net cash flows from (used for) operating activities 32,561,171 - (45,441) 198,524,907
---------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (8,161,113) - 163,144 (156,489,089)
Preferred stock dividends - - - -
Proceeds from issuance of common stock, net of treasury stock - - - 36,491,139
Capital contribution from parent - - - -
Net change in Alliant Energy Resources, Inc. credit facility (113,657,000) - - -
Proceeds from issuance of long-term debt 270,349,272 - - -
Reductions of long-term debt (34,430,194) - - -
Net change in short-term borrowings (1,738,366) - - 221,325,000
Net change in borrowings from / (loans to) money pools 78,636 - - (216,159,912)
Principal payments under capital lease obligations - - - -
Net change in dividends payable - - - 13,484
Other (657,118) 1,050,000 - -
---------------------------------------------------------------
Net cash flows from (used for) financing activities 111,784,117 1,050,000 163,144 (114,819,378)
---------------------------------------------------------------
Cash flows used for investing activities:
Construction and acquisition expenditures:
Utility - (1,050,000) - -
Other (192,066,804) - - -
Nuclear decommissioning trust fund contributions - - - -
Shared savings expenditures, net - - - -
Proceeds from the disposition of assets 90,145,534 - - -
Other 9,730,196 - (117,703) (55,171,039)
---------------------------------------------------------------
Net cash flows used for investing activities (92,191,074) (1,050,000) (117,703) (55,171,039)
---------------------------------------------------------------
---------------------------------------------------------------
Net increase (decrease) in cash and temp. cash invest. 52,154,214 - - 28,534,490
---------------------------------------------------------------
Cash and temporary cash investments at beginning of period 12,931,890 - - 112,173
---------------------------------------------------------------
Cash and temporary cash investments at end of period $65,086,104 $- $- $28,646,663
===============================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.4 (Continued)
ALLIANT ENERGY CORPORATION
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant
Energy
Subtotal Eliminations Corporation
--------------------------------------------------------------
<S> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $402,324,213 ($205,742,769) $196,581,444
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 279,087,568 279,087,568
Amortization of nuclear fuel 17,493,943 17,493,943
Amort. of def. energy efficiency expend. 25,435,343 25,435,343
Deferred taxes and investment tax credits (18,558,988) 2,301,081 (16,257,907)
Refueling outage provision (5,150,266) (5,150,266)
Impairment of oil and gas properties 3,276,110 3,276,110
Gain on disposition of assets (61,669,556) (61,669,556)
Other 4,177,518 - 4,177,518
Other changes in assets and liabilities:
Accounts receivable (20,453,218) 4,046,284 (16,406,934)
Notes receivable 7,064,709 - 7,064,709
Production fuel, at average cost 4,482,926 4,482,926
Materials and supplies, at average cost 1,050,179 1,050,179
Gas stored underground, at average cost 2,862,188 2,862,188
Accounts payable (3,877,630) (9,271,000) (13,148,630)
Accrued taxes (6,095,918) - (6,095,918)
Other 2,259,328 (1,915,626) 343,702
-----------------------------------------------------------------
Net cash flows from (used for) operating activities 633,708,449 (210,582,030) 423,126,419
-----------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (343,349,555) 186,860,466 (156,489,089)
Preferred stock dividends (6,705,913) 6,705,913 -
Proceeds from issuance of common stock, net of treasury stock 36,491,139 36,491,139
Capital contribution from parent 30,000,000 (30,000,000) -
Net change in Alliant Energy Resources, Inc. credit facility (113,657,000) (113,657,000)
Proceeds from issuance of long-term debt 281,299,272 281,299,272
Reductions of long-term debt (95,520,194) (95,520,194)
Net change in short-term borrowings 169,586,634 - 169,586,634
Net change in borrowings from / (loans to) money pools - 53,729,105 -
Principal payments under capital lease obligations (12,887,493) (12,887,493)
Net change in dividends payable 13,316 4,839,261 13,316
Other 30,252,541 (5,996,685) (5,744,144)
-----------------------------------------------------------------
Net cash flows from (used for) financing activities (24,477,253) 216,138,060 103,092,441
-----------------------------------------------------------------
Cash flows used for investing activities:
Construction and acquisition expenditures:
Utility (285,667,403) (285,667,403)
Other (192,904,033) (192,904,033)
Nuclear decommissioning trust fund contributions (22,100,004) (22,100,004)
Shared savings expenditures, net (35,845,535) (35,845,535)
Proceeds from the disposition of assets 93,444,214 93,444,214
Other (49,477,039) 48,173,075 (1,303,964)
-----------------------------------------------------------------
Net cash flows used for investing activities (492,549,800) 48,173,075 (444,376,725)
-----------------------------------------------------------------
-----------------------------------------------------------------
Net increase (decrease) in cash and temp. cash invest. 116,681,396 53,729,105 81,842,135
-----------------------------------------------------------------
Cash and temporary cash investments at beginning of period 31,827,290 (53,729,105) 31,827,290
-----------------------------------------------------------------
Cash and temporary cash investments at end of period $148,508,686 $- $113,669,425
=================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANT ENERGY CORPORATION Exhibit F.5
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Alliant Energy Consolidated
IES Interstate Power Wisconsin Power Corporate Alliant Energy
Utilities Inc. Company and Light Company Services, Inc. Resources, Inc.
--------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Balance at January 1, 1999 $275,372,155 $85,742,771 $294,308,776 $- ($83,369,624)
Net income (loss) 66,446,278 30,845,790 70,829,821 - 38,332,237
Cash dividends declared on common stock (87,950,776) (32,558,851) (58,352,870) - (8,161,113)
Cash dividends declared on preferred stock (914,376) (2,481,289) (3,310,248) - -
--------------------------------------------------------------------------------------
Balance at December 31, 1999 $252,953,281 $81,548,421 $303,475,479 $- ($53,198,500)
======================================================================================
</TABLE>
<TABLE>
<CAPTION>
ALLIANT ENERGY CORPORATION Exhibit F.5
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued) (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
WPL Consolidated
Alliant Holdings Alliant Alliant
Energy Commodities Energy Energy
Nuclear, L.L.C. Trading L.L.C. Corporation Subtotal Eliminations Corporation
-------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Balance at January 1, 1999 $- $- $537,476,130 $1,109,530,208 ($572,158,375) $537,371,833
Net income (loss) (548,224) (163,144) 196,581,454 402,324,212 (205,742,768) 196,581,444
Cash dividends declared
on common stock - 163,144 (156,489,089) (343,349,555) 186,860,466 (156,489,089)
Cash dividends declared
on preferred stock - - - (6,705,913) 6,705,913 -
-------------------------------------------------------------------------------------------------------
Balance at December 31, 1999 ($548,224) $- $577,568,495 $1,161,798,952 ($584,334,764) $577,464,188
=======================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.6
ALLIANT ENERGY RESOURCES, INC.
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated Consolidated
Alliant Alliant Alliant Alliant Capital
Energy Energy Energy Energy Square
Industrial International, Investments, Transportation, Financial
Services, Inc. Inc. Inc. Inc. Corporation
-----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Operating Revenues:
Steam $1,394,549 $- $- $- $-
Non-regulated energy 103,860,549 - - - -
Environmental and engineering services 77,359,135 - - - -
Affordable housing 45,917 - 11,849,421 - -
Oil and gas production 62,584,783 - - - -
Professional fees, rents and other 13,298,811 - 12,943,921 21,675,115 893,708
-----------------------------------------------------------------------------------
Total operating revenues 258,543,744 - 24,793,342 21,675,115 893,708
-----------------------------------------------------------------------------------
Operating Expenses:
Cost of non-regulated energy sold 100,772,577 - - - -
Other operating 116,858,555 6,777,254 16,991,829 8,003,922 225,107
Maintenance 1,547,958 - 1,128,659 1,852,241 -
Depreciation and amortization 24,264,187 215,127 5,040,330 1,929,227 36,070
Miscellaneous taxes other than income taxes 5,721,000 - 2,006,227 1,564,775 415
-----------------------------------------------------------------------------------
Total operating expenses 249,164,277 6,992,381 25,167,045 13,350,165 261,592
-----------------------------------------------------------------------------------
----------------------------------------------------------------------------------
Operating Income (Loss) 9,379,467 (6,992,381) (373,703) 8,324,950 632,116
-----------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense 69,229 (299,886) 5,404,700 (20,608) 35,489
Interest expense - intercompany 8,769,676 8,390,875 2,886,018 1,298,089 30,422
Interest income (90,887) (1,090,692) (2,308,426) - (590,515)
Interest income - intercompany (719,360) - (517,631) (178,454) (187,909)
Dividend income - (4,533,913) - - -
Income from consolidated subsidiaries - - - - -
Equity (income)/loss in unconsolidated
subsidiaires (833,760) 741,187 (2,929,105) - -
Minority interest of loss 89,163 - 82,488 68,900 -
Other (income) and deductions - net (11,364,078) (6,939,640) (39,914,590) (1,133,105) (7,417)
----------------------------------------------------------------------------------
Total interest expense and other (4,080,017) (3,732,069) (37,296,546) 34,822 (719,930)
----------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Income (Loss) Before Income Taxes
and Preferred Dividends 13,459,484 (3,260,312) 36,922,843 8,290,128 1,352,046
-----------------------------------------------------------------------------------
Income Taxes:
Current - Federal 1,017,969 (1,123,644) 11,038,397 2,328,406 472,813
- State 828,411 (1,097,846) 1,637,917 617,741 69,459
Deferred - Federal 2,537,718 (544,377) 780,010 298,868 -
- State 565,759 (132,691) 122,861 56,772 -
Section 29 tax credits (3,212,229) - - - -
Low-income housing tax credits (25,699) - (5,923,189) - -
-----------------------------------------------------------------------------------
Total income taxes 1,711,929 (2,898,558) 7,655,996 3,301,787 542,272
-----------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Net Income / (Loss) $11,747,555 ($361,754) $29,266,847 $4,988,341 $809,774
===================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.6
ALLIANT ENERGY RESOURCES, INC. (Continued)
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant WPL Consolidated
Energy Holdings Alliant Alliant
do Brasil Commodities Energy Energy
Limitada Trading L.L.C. Resources Subtotal Eliminations Resources, Inc.
-----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Operating Revenues:
Steam $- $- $- $1,394,549 $- $1,394,549
Non-regulated energy - - - 103,860,549 103,860,549
Environmental and engineering
services - - - 77,359,135 77,359,135
Affordable housing - - - 11,895,338 11,895,338
Oil and gas production - - - 62,584,783 62,584,783
Professional fees, rents and other - - 569,452 49,381,007 (1,446,113) 47,934,894
-----------------------------------------------------------------------------------------
Total operating revenues - - 569,452 306,475,361 (1,446,113) 305,029,248
-----------------------------------------------------------------------------------------
Operating Expenses:
Cost of non-regulated energy sold - - - 100,772,577 100,772,577
Other operating 306,316 - 11,539,483 160,702,466 (1,446,113) 159,256,353
Maintenance - - 9,776 4,538,634 4,538,634
Depreciation and amortization 5,977 11,372 189,568 31,691,858 31,691,858
Miscellaneous taxes other than
income taxes - - 686,258 9,978,675 9,978,675
-----------------------------------------------------------------------------------------
Total operating expenses 312,293 11,372 12,425,085 307,684,210 (1,446,113) 306,238,097
-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------
Operating Income (Loss) (312,293) (11,372) (11,855,633) (1,208,849) - (1,208,849)
-----------------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense - - 19,681,069 24,869,993 24,869,993
Interest expense - intercompany - 1,815 1,542,127 22,919,022 (22,917,617) 1,405
Interest income - - (573,665) (4,654,185) (4,654,185)
Interest income - intercompany - (2,260) (21,325,127) (22,930,741) 22,917,617 (13,124)
Dividend income - - - (4,533,913) (4,533,913)
Income from consolidated subsidiaries - - (46,138,476) (46,138,476) 46,138,476 -
Equity (income)/loss in unconsolidated
subsidiaires - (5,013,490) - (8,035,168) 5,002,560 (3,032,608)
Minority interest of loss - - - 240,551 - 240,551
Other (income) and deductions - net - 3 377,869 (58,980,958) (58,980,958)
-----------------------------------------------------------------------------------------
Total interest expense
and other - (5,013,932) (46,436,203) (97,243,875) 51,141,036 (46,102,839)
-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------
Income (Loss) Before Income Taxes
and Preferred Dividends (312,293) 5,002,560 34,580,570 96,035,026 (51,141,036) 44,893,990
-----------------------------------------------------------------------------------------
Income Taxes:
Current - Federal - - (3,508,759) 10,225,182 10,225,182
- State - - (6,323) 2,049,359 2,049,359
Deferred - Federal - - (227,332) 2,844,887 2,844,887
- State - - (9,259) 603,442 603,442
Section 29 tax credits - - - (3,212,229) (3,212,229)
Low-income housing tax credits - - - (5,948,888) (5,948,888)
-----------------------------------------------------------------------------------------
Total income taxes - - (3,751,673) 6,561,753 - 6,561,753
-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------
Net Income / (Loss) ($312,293) $5,002,560 $38,332,243 $89,473,273 ($51,141,036) $38,332,237
=========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.7
ALLIANT ENERGY RESOURCES, INC.
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Consolidated Consolidated Consolidated Consolidated
Alliant Alliant Alliant Alliant Capital
Energy Energy Energy Energy Square
Industrial International, Investments, Transportation, Financial
Services, Inc. Inc. Inc. Inc. Corporation
-------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Rental property $- $- 133,374,856 $- $-
Less - Accumulated depreciation - - (27,863,427) - -
Oil and gas properties 243,496,909 - - - -
Less - Accumulated depreciation (113,053,221) - - - -
Other 76,508,052 29,927 20,188,510 61,074,080 38,381
Less - Accumulated depreciation (17,561,083) (10,963) (6,029,321) (16,860,093) (21,851)
-------------------------------------------------------------------------------
Total property, plant and equipment 189,390,657 18,964 119,670,618 44,213,987 16,530
-------------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - - -
Investment in foreign entities - 197,573,976 481,141 - -
Investment in McLeodUSA Inc. - - 1,123,790,203 - -
Cash surrender value - life insurance policies - - - - -
Investment in low-income housing projects - - 8,109,675 - -
Other - - 4,776,993 - 24,975
-------------------------------------------------------------------------------
Total investments - 197,573,976 1,137,158,012 - 24,975
-------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 6,799,952 1,772,389 6,857,905 92,081 61,282
Accounts receivable - customers 39,561,179 - 766,224 4,996,292 -
Accounts receivable - other 1,174,009 63,528 1,985,195 - 1,235
Current notes receivable 9,962 - 2,818,812 - 2,673,400
Allowance for doubtful accounts (A/R cust) (1,128,680) - (39,292) - -
Allowance for doubtful accounts (A/R other) - - (136,717) - -
Allowance for doubtful accounts (notes) - - (153,163) - -
Interco. receivables (accts, notes, divds, taxes) 820,923 - 685,240 175,737 448,005
Loan to money pools 8,588,496 - 3,400,120 - 3,990,371
Income taxes receivable 1,184,214 231,222 3,965,573 51,628 93,003
Materials and supplies, at average cost 154,545 - 79,930 1,078,347 -
Restricted cash - - 1,627,196 - -
Prepayments and other 1,992,590 - 325,410 69,513 5,113
-------------------------------------------------------------------------------
Total current assets 59,157,190 2,067,139 22,182,433 6,463,598 7,272,409
-------------------------------------------------------------------------------
Other Assets:
Non-current notes receivable - - 8,436,433 - 1,271,359
Restricted cash - - 5,245,820 - 1,324,253
Unamortized debt expenses - - 9,524 - -
Deferred charges and other 3,498,946 255,761 3,646,777 69,612 181,916
-------------------------------------------------------------------------------
Total other assets 3,498,946 255,761 17,338,554 69,612 2,777,528
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Total Assets $252,046,793 $199,915,840 $1,296,349,617 $50,747,197 $10,091,442
===============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.7
ALLIANT ENERGY RESOURCES, INC. (Continued)
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Alliant WPL Consolidated
Energy Holdings Alliant Alliant
do Brasil Commodities Energy Energy
Limitada Trading L.L.C. Resources Subtotal Eliminations Resources, Inc.
----------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Rental property $- $- $- 133,374,856 $- 133,374,856
Less - Accumulated depreciation - - - (27,863,427) (27,863,427)
Oil and gas properties - - - 243,496,909 243,496,909
Less - Accumulated depreciation - - - (113,053,221) (113,053,221)
Other 100,086 - 1,661,891 159,600,927 (3,623,671) 155,977,256
Less - Accumulated depreciation (5,835) - (761,818) (41,250,964) (41,250,964)
-----------------------------------------------------------------------------------------
Total property, plant
and equipment 94,251 - 900,073 354,305,080 (3,623,671) 350,681,409
-----------------------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - 179,000,044 179,000,044 (179,000,044) -
Investment in foreign entities - - - 198,055,117 198,055,117
Investment in McLeodUSA Inc. - - - 1,123,790,203 1,123,790,203
Cash surrender value - life
insurance policies - - 766,637 766,637 766,637
Investment in low-income housing
projects - - - 8,109,675 8,109,675
Other - - (1,866,840) 2,935,128 3,250,000 6,185,128
-----------------------------------------------------------------------------------------
Total investments - - 177,899,841 1,512,656,804 (175,750,044) 1,336,906,760
-----------------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 42,847 - 49,459,648 65,086,104 65,086,104
Accounts receivable - customers - - - 45,323,695 45,323,695
Accounts receivable - other - - 35,223 3,259,190 3,259,190
Current notes receivable - - - 5,502,174 5,502,174
Allowance for doubtful accounts
(A/R cust) - - - (1,167,972) (1,167,972)
Allowance for doubtful accounts
(A/R other) - - - (136,717) (136,717)
Allowance for doubtful accounts
(notes) - - - (153,163) (153,163)
Interco. receivables (accts, notes,
divds, taxes) - - 2,222,606 4,352,511 (2,200,809) 2,151,702
Loan to money pools - - 337,966,406 353,945,393 (353,945,393) -
Income taxes receivable - - 916,252 6,441,892 82,409 6,524,301
Materials and supplies, at average cost - - - 1,312,822 1,312,822
Restricted cash - - - 1,627,196 1,627,196
Prepayments and other - - 668,352 3,060,978 10,916 3,071,894
-----------------------------------------------------------------------------------------
Total current assets 42,847 - 391,268,487 488,454,103 (356,052,877) 132,401,226
-----------------------------------------------------------------------------------------
Other Assets:
Non-current notes receivable - - - 9,707,792 9,707,792
Restricted cash - - - 6,570,073 6,570,073
Unamortized debt expenses - - 4,436,454 4,445,978 4,445,978
Deferred charges and other - - 189,567 7,842,579 (6,515) 7,836,064
-----------------------------------------------------------------------------------------
Total other assets - - 4,626,021 28,566,422 (6,515) 28,559,907
-----------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------
Total Assets $137,098 $- $574,694,422 $2,383,982,409 ($535,433,107) $1,848,549,302
=========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.7
ALLIANT ENERGY RESOURCES, INC. (Continued)
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated Consolidated Consolidated Consolidated
Alliant Alliant Alliant Alliant Capital
Energy Energy Energy Energy Square
Industrial International, Investments, Transportation, Financial
Services, Inc. Inc. Inc. Inc. Corporation
---------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $73,729,930 $30,488,761 $65,740,753 $7,836,956 $5,724,887
Retained earnings (3,840,750) (8,655,172) (9,458,405) 13,861,937 3,433,440
Other comprehensive income:
Unrealized security gains (FAS 115) - 4,187,777 640,282,426 - 10,455
Cum. foreign currency transl. adjustments - (9,567,878) - - -
--------------------------------------------------------------------------------
Total common equity 69,889,180 16,453,488 696,564,774 21,698,893 9,168,782
--------------------------------------------------------------------------------
Long-term debt (excluding current portion) 51,745 - 78,245,961 - -
--------------------------------------------------------------------------------
Total capitalization 69,940,925 16,453,488 774,810,735 21,698,893 9,168,782
--------------------------------------------------------------------------------
Current Liabilities:
Current mat. & sink. funds of l-t-d & pref. stock - - 1,723,760 - -
Borrowings from money pools 119,891,623 178,547,239 40,597,506 14,987,661 -
Commercial paper - - - - -
Notes payable 46,043 - - - -
Accounts payable 19,280,050 636,654 220,641 2,418,006 -
Interco. payables (accts, notes, divds, taxes) 266,379 1,008,379 725,031 189,347 9,408
Accrued payroll and vacations 3,473,895 - 462,505 260,040 35,000
Accrued interest - - 1,741,737 - -
Accrued income taxes 4,811,437 712,523 1,539,711 198,468 25
Accrued other taxes (property, payroll, etc.) 3,696,208 - 564,172 895,184 -
Environmental liabilities - - - 16,012 -
Other current liabilities 4,788,466 339,324 3,139,874 377,228 117,547
--------------------------------------------------------------------------------
Total current liabilities 156,254,101 181,244,119 50,714,937 19,341,946 161,980
--------------------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 10,394,323 2,218,233 461,799,750 6,403,516 5,926
Pension and other benefit obligations - - - 2,455,597 -
Environmental liabilities 12,996,730 - 70,000 50,000 -
Minority interest 1,738,380 - 4,672,388 797,245 -
Other 722,334 - 4,281,807 - 754,754
--------------------------------------------------------------------------------
Total long-term liabilities 25,851,767 2,218,233 470,823,945 9,706,358 760,680
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Total Liabilities and Capitalization $252,046,793 $199,915,840 $1,296,349,617 $50,747,197 $10,091,442
================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.7
ALLIANT ENERGY RESOURCES, INC. (Continued)
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Alliant Consolidated
Energy WPL Holdings Alliant Alliant
do Brasil Commodities Energy Energy
Limitada Trading L.L.C. Resources Subtotal Eliminations Resources, Inc.
-------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional
paid-in capital $450,000 $- $232,508,483 $416,479,770 ($183,971,287) $232,508,483
Retained earnings (312,293) - (52,911,639) (57,882,882) 4,684,382 (53,198,500)
Other comprehensive income:
Unrealized security gains
(FAS 115) - - - 644,480,658 644,480,658
Cum. foreign currency transl.
adjustments (10,330) - - (9,578,208) (9,578,208)
-------------------------------------------------------------------------------------------
Total common equity 127,377 - 179,596,844 993,499,338 (179,286,905) 814,212,433
-------------------------------------------------------------------------------------------
Long-term debt (excluding current
portion) - - 248,402,083 326,699,789 326,699,789
-------------------------------------------------------------------------------------------
Total capitalization 127,377 - 427,998,927 1,320,199,127 (179,286,905) 1,140,912,222
-------------------------------------------------------------------------------------------
Current Liabilities:
Current mat. & sink. funds of l-t-d
& pref. stock - - - 1,723,760 1,723,760
Borrowings from money pools - - - 354,024,029 (353,945,393) 78,636
Commercial paper - - 138,848,000 138,848,000 138,848,000
Notes payable - - - 46,043 46,043
Accounts payable 2,983 - 557,814 23,116,148 23,116,148
Interco. payables (accts, notes,
divds, taxes) - - 1,817,588 4,016,132 (2,200,809) 1,815,323
Accrued payroll and vacations - - 1,475,283 5,706,723 5,706,723
Accrued interest - - 2,677,226 4,418,963 4,418,963
Accrued income taxes - - - 7,262,164 7,262,164
Accrued other taxes (property,
payroll, etc.) 3,208 - 240,083 5,398,855 5,398,855
Environmental liabilities - - - 16,012 16,012
Other current liabilities 3,530 - 472,023 9,237,992 - 9,237,992
-------------------------------------------------------------------------------------------
Total current liabilities 9,721 - 146,088,017 553,814,821 (356,146,202) 197,668,619
-------------------------------------------------------------------------------------------
Deferred Credits and Other
Non-current Liabilities:
Accumulated deferred income taxes - - (332,650) 480,489,098 480,489,098
Pension and other benefit obligations - - 924,782 3,380,379 3,380,379
Environmental liabilities - - - 13,116,730 13,116,730
Minority interest - - - 7,208,013 - 7,208,013
Other - - 15,346 5,774,241 5,774,241
-------------------------------------------------------------------------------------------
Total long-term liabilities - - 607,478 509,968,461 - 509,968,461
-------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------
Total Liabilities and Capitalization $137,098 $- $574,694,422 $2,383,982,409 ($535,433,107) $1,848,549,302
===========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.8
ALLIANT ENERGY RESOURCES, INC
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated Consolidated
Alliant Alliant Alliant Alliant Capital
Energy Energy Energy Energy Square
Industrial International, Investments, Transportation, Financial
Services, Inc. Inc. Inc. Inc. Corporation
-----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $11,747,558 ($361,753) $29,266,848 $4,988,342 $809,774
Adjustments to reconcile net income (loss)
to net cash flows
from operating activities:
Depreciation and amortization 24,264,187 215,127 5,040,330 1,929,227 36,070
Deferred taxes and investment tax credits 3,103,477 (677,068) 902,871 355,640 -
Impairment of oil and gas properties 3,276,110 - - - -
Gain on disposition of assets (11,207,568) (5,990,407) (40,879,277) (1,208,405) -
Other (833,760) (12,557,688) 7,283,874 - -
Other changes in assets and liabilities:
Accounts receivable (881,289) (51,460) 716,773 (1,435,466) 1,112,969
Notes receivable 11,116 - 118,290 - 7,528,600
Materials and supplies, at average cost (26,816) - (8,074) (101,941) -
Accounts payable (2,397,758) 802,047 (1,311,403) 768,842 (117,741)
Accrued taxes 5,560,349 455,976 640,146 (1,104,813) (26,244)
Other 8,713,463 592,681 (2,542,016) (207,690) (155,106)
------------------------------------------------------------------------------
Net cash flows from (used for)
operating activities 41,329,069 (17,572,545) (771,638) 3,983,736 9,188,322
------------------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (922,984) - (46,247,699) - -
Net change in Alliant Energy Resources,
Inc. credit facility - - - - -
Proceeds from issuance of long-term debt 37,769 - 20,311,503 - -
Reductions of long-term debt (4,405,192) - (30,025,002) - -
Net change in short-term borrowings (1,738,366) - - - -
Net change in borrowings from / (loans to)
money pools (7,533,505) 125,327,664 (1,273,078) (1,124,358) (9,193,201)
Other 481,081 12,088,909 5,205,905 - -
------------------------------------------------------------------------------
Net cash flows from (used for) financing
activities (14,081,197) 137,416,573 (52,028,371) (1,124,358) (9,193,201)
------------------------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (51,411,035) (130,613,886) (5,119,628) (4,431,176) -
Proceeds from the disposition of assets 22,320,149 13,773,574 52,662,168 1,380,670 -
Other 4,072,902 (1,359,813) 6,948,803 31,027 (13,821)
------------------------------------------------------------------------------
Net cash flows from (used for) investing
activities (25,017,984) (118,200,125) 54,491,343 (3,019,479) (13,821)
------------------------------------------------------------------------------
------------------------------------------------------------------------------
Net increase (decrease) in cash and temp.
cash investments 2,229,888 1,643,903 1,691,334 (160,101) (18,700)
------------------------------------------------------------------------------
Cash and temporary cash investments at
beginning of period 4,570,064 128,486 5,166,571 252,182 79,982
------------------------------------------------------------------------------
Cash and temporary cash investments at end of period $6,799,952 $1,772,389 $6,857,905 $92,081 $61,282
==============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.8
ALLIANT ENERGY RESOURCES, INC (Continued)
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant WPL Consolidated
Energy Holdings Alliant Alliant
do Brasil Commodities Energy Energy
Limitada Trading L.L.C. Resources Subtotal Eliminations Resources, Inc.
---------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Cash flows from (used for) operating
activities:
Net income (loss) ($312,293) $5,002,560 $38,332,243 $89,473,279 ($51,141,042) $38,332,237
Adjustments to reconcile net income
(loss) to net cash flows
from operating activities:
Depreciation and amortization 5,977 11,372 189,568 31,691,858 31,691,858
Deferred taxes and investment tax
credits - - (236,591) 3,448,329 - 3,448,329
Impairment of oil and gas properties - - - 3,276,110 3,276,110
Gain on disposition of assets - - - (59,285,657) (59,285,657)
Other - (5,013,490) 689,833 (10,431,231) 5,002,560 (5,428,671)
Other changes in assets and liabilities:
Accounts receivable - - (115,347) (653,820) (887,672) (1,541,492)
Notes receivable - - - 7,658,006 - 7,658,006
Materials and supplies, at average cost - - - (136,831) (136,831)
Accounts payable 2,983 - 892,126 (1,360,904) 887,672 (473,232)
Accrued taxes 3,208 - (145,496) 5,383,126 - 5,383,126
Other 3,530 46,751 3,185,775 9,637,388 - 9,637,388
---------------------------------------------------------------------------------------
Net cash flows from (used for)
operating activities (296,595) 47,193 42,792,111 78,699,653 (46,138,482) 32,561,171
---------------------------------------------------------------------------------------
Cash flows from (used for) financing
activities:
Common stock dividends - (2,238,944) (8,161,113) (57,570,740) 49,409,627 (8,161,113)
Net change in Alliant Energy Resources,
Inc. credit facility - - (113,657,000) (113,657,000) (113,657,000)
Proceeds from issuance of long-term debt - - 250,000,000 270,349,272 270,349,272
Reductions of long-term debt - - - (34,430,194) (34,430,194)
Net change in short-term borrowings - - - (1,738,366) - (1,738,366)
Net change in borrowings from /
(loans to) money pools - (98,885) (106,026,001) 78,636 78,636
Other 450,000 (5,000,000) (657,118) 12,568,777 (13,225,895) (657,118)
----------------------------------------------------------------------------------------
Net cash flows from (used for)
financing activities 450,000 (7,337,829) 21,498,768 75,600,385 36,183,732 111,784,117
----------------------------------------------------------------------------------------
Cash flows from (used for) investing
activities:
Construction and acquisition
expenditures (99,375) - (391,704) (192,066,804) (192,066,804)
Proceeds from the disposition of
assets - - 8,973 90,145,534 90,145,534
Other (11,183) 7,290,636 (17,183,105) (224,554) 9,954,750 9,730,196
----------------------------------------------------------------------------------------
Net cash flows from (used for)
investing activities (110,558) 7,290,636 (17,565,836) (102,145,824) 9,954,750 (92,191,074)
----------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------
Net increase (decrease) in cash and temp.
cash investments 42,847 - 46,725,043 52,154,214 - 52,154,214
----------------------------------------------------------------------------------------
Cash and temporary cash investments at
beginning of period - - 2,734,605 12,931,890 - 12,931,890
----------------------------------------------------------------------------------------
Cash and temporary cash investments
at end of period $42,847 $- $49,459,648 $65,086,104 $- $65,086,104
========================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.9
ALLIANT ENERGY RESOURCES, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated Consolidated
Alliant Alliant Alliant Alliant Capital
Energy Energy Energy Energy Square
Industrial International, Investments, Transportation, Financial
Services, Inc. Inc. Inc. Inc. Corporation
--------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Balance at January 1, 1999 ($14,665,321) ($8,293,418) $7,522,447 $8,873,596 $2,623,666
Net income (loss) 11,747,555 (361,754) 29,266,847 4,988,341 809,774
Cash dividends declared on common stock (922,984) - (46,247,699) - -
Cash dividends declared on preferred stock - - - - -
--------------------------------------------------------------------------------------
Balance at December 31, 1999 ($3,840,750) ($8,655,172) ($9,458,405) $13,861,937 $3,433,440
======================================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.9
ALLIANT ENERGY RESOURCES, INC. (Continued)
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant WPL Consolidated
Energy Holdings Alliant Alliant
do Brasil Commodities Energy Energy
Limitada Trading L.L.C. Resources Subtotal Eliminations Resources, Inc.
------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Balance at January 1, 1999 $- ($2,763,616) ($83,082,769) ($89,785,415) $6,415,791 ($83,369,624)
Net income (loss) (312,293) 5,002,560 38,332,243 89,473,273 (51,141,036) 38,332,237
Cash dividends declared
on common stock - (2,238,944) (8,161,113) (57,570,740) 49,409,627 (8,161,113)
Cash dividends declared
on preferred stock - - - - -
-------------------------------------------------------------------------------------------------------
Balance at December 31, 1999 ($312,293) $- ($52,911,639) ($57,882,882) $4,684,382 ($53,198,500)
=======================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.10
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Industrial Heartland Heartland
Energy Consolidated Energy Energy
Applications, Inc. Ely, Inc. RMT, Inc. Group, Inc. Services, Inc.
-----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Operating Revenues:
Steam $1,394,549 $- $- $- $-
Non-regulated energy 93,037,007 - - 10,823,542 -
Environmental and engineering services - - 77,359,135 - -
Affordable housing - - 45,917 - -
Oil and gas production - - - - -
Professional fees, rents and other 13,298,811 - - - -
-----------------------------------------------------------------------------------
Total operating revenues 107,730,367 - 77,405,052 10,823,542 -
-----------------------------------------------------------------------------------
Operating Expenses:
Cost of non-regulated energy sold 89,476,385 - - 11,296,192 -
Other operating 10,605,385 - 70,632,951 463,524 37,548
Maintenance 1,529,962 - - 17,996 -
Depreciation and amortization 3,484,212 - 976,466 627 -
Miscellaneous taxes other than income taxes 258,937 - 2,485,488 80 -
-----------------------------------------------------------------------------------
Total operating expenses 105,354,881 - 74,094,905 11,778,419 37,548
-----------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Operating Income (Loss) 2,375,486 - 3,310,147 (954,877) (37,548)
-----------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense (56,764) - 125,993 - -
Interest expense - intercompany 3,263,396 - - 4,500 -
Interest income (11,469) - (28,207) - -
Interest income - intercompany (310,485) - (405,050) (2,343) -
Income from consolidated subsidiaries - - - - -
Equity income in unconsolidated subsidiaries - - - (1,383,162) (833,760)
Minority interest of (income) / loss 1,472,689 - (364) - -
Other (income) and deductions - net (565,199) - (529,652) (1,300) -
-----------------------------------------------------------------------------------
Total interest expense and other 3,792,168 - (837,280) (1,382,305) (833,760)
-----------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred
Dividends (1,416,682) - 4,147,427 427,428 796,212
-----------------------------------------------------------------------------------
Income Taxes:
Current - Federal (2,354,679) - 1,473,829 18,029 278,673
- State 251,207 - 271,500 (8,352) 25
Deferred - Federal 1,198,797 - - (213,054) -
- State 109,834 - - 353,758 40,885
Section 29 tax credits (224,733) - - - -
Low-income housing tax credits - - (25,699) - -
-----------------------------------------------------------------------------------
Total income taxes (1,019,574) - 1,719,630 150,381 319,583
-----------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Net Income / (Loss) ($397,108) $- $2,427,797 $277,047 $476,629
===================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.10
ALLIANT ENERGY INDUSTRIAL SERVICES, INC. (Continued)
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Whiting Energy Energy
Petroleum Industrial Industrial
Corporation Services, Inc. Subtotal Eliminations Services, Inc.
------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Operating Revenues:
Steam $- $- $1,394,549 $- $1,394,549
Non-regulated energy - - 103,860,549 103,860,549
Environmental and engineering services - - 77,359,135 77,359,135
Affordable housing - - 45,917 45,917
Oil and gas production 66,103,101 - 66,103,101 (3,518,318) 62,584,783
Professional fees, rents and other - - 13,298,811 13,298,811
------------------------------------------------------------------------------------
Total operating revenues 66,103,101 - 262,062,062 (3,518,318) 258,543,744
------------------------------------------------------------------------------------
Operating Expenses:
Cost of non-regulated energy sold - - 100,772,577 100,772,577
Other operating 35,092,863 26,284 116,858,555 116,858,555
Maintenance - - 1,547,958 1,547,958
Depreciation and amortization 19,802,882 - 24,264,187 24,264,187
Miscellaneous taxes other than income taxes 2,976,495 - 5,721,000 5,721,000
------------------------------------------------------------------------------------
Total operating expenses 57,872,240 26,284 249,164,277 - 249,164,277
------------------------------------------------------------------------------------
------------------------------------------------------------------------------------
Operating Income (Loss) 8,230,861 (26,284) 12,897,785 (3,518,318) 9,379,467
------------------------------------------------------------------------------------
Interest Expense and Other:
Interest expense - - 69,229 69,229
Interest expense - intercompany 5,384,150 117,630 8,769,676 8,769,676
Interest income (51,211) - (90,887) (90,887)
Interest income - intercompany - (1,482) (719,360) (719,360)
Income from consolidated subsidiaries - (13,867,217) (13,867,217) 13,867,217 -
Equity income in unconsolidated subsidiaries - - (2,216,922) 1,383,162 (833,760)
Minority interest of (income) / loss - - 1,472,325 (1,383,162) 89,163
Other (income) and deductions - net (10,167,927) 3,418,318 (7,845,760) (3,518,318) (11,364,078)
------------------------------------------------------------------------------------
Total interest expense and other (4,834,988) (10,332,751) (14,428,916) 10,348,899 (4,080,017)
------------------------------------------------------------------------------------
------------------------------------------------------------------------------------
Income (Loss) Before Income Taxes and
Preferred Dividends 13,065,849 10,306,467 27,326,701 (13,867,217) 13,459,484
------------------------------------------------------------------------------------
Income Taxes:
Current - Federal 2,644,496 (1,042,379) 1,017,969 1,017,969
- State 647,000 (332,969) 828,411 828,411
Deferred - Federal 1,596,000 (44,025) 2,537,718 2,537,718
- State 83,000 (21,718) 565,759 565,759
Section 29 tax credits (2,987,496) - (3,212,229) (3,212,229)
Low-income housing tax credits - - (25,699) (25,699)
------------------------------------------------------------------------------------
Total income taxes 1,983,000 (1,441,091) 1,711,929 - 1,711,929
------------------------------------------------------------------------------------
------------------------------------------------------------------------------------
Net Income / (Loss) $11,082,849 $11,747,558 $25,614,772 ($13,867,217) $11,747,555
====================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.11
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Consolidated
Industrial Heartland Heartland
Energy Consolidated Energy Energy
Applications, Inc. Ely, Inc. RMT, Inc. Group, Inc. Services, Inc.
---------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Oil and gas properties $- $- $- $- $-
Less - Accumulated depreciation - - - - -
Other 65,745,025 - 7,784,695 26,200 -
Less - Accumulated depreciation (10,177,062) - (5,340,778) (1,233) -
--------------------------------------------------------------------------
Total property, plant and equipment 55,567,963 - 2,443,917 24,967 -
--------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - - -
--------------------------------------------------------------------------
Total investments - - - - -
--------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 1,172,971 - 76,968 - -
Accounts receivable - customers 8,335,999 - 17,602,810 3,965,537 -
Accounts receivable - other 90,624 - - - -
Current notes receivable 9,962 - - - -
Allowance for doubtful accounts (A/R customers) (26,431) - (860,464) (104,518) -
Intercompany receivables (accounts,notes,dividends,
taxes,etc.) (132,143) - 180,600 872,792 -
Loan to money pools - - 6,944,264 1,644,232 -
Income taxes receivable 1,024,594 - - 159,620 -
Materials and supplies, at average cost 154,545 - - - -
Prepayments and other 370,476 - 495,593 - -
--------------------------------------------------------------------------
Total current assets 11,000,597 - 24,439,771 6,537,663 -
--------------------------------------------------------------------------
Other Assets:
Deferred charges and other 1,696,189 - 1,206,588 - -
--------------------------------------------------------------------------
Total other assets 1,696,189 - 1,206,588 - -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Total Assets $68,264,749 $- $28,090,276 $6,562,630 $-
==========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANT ENERGY INDUSTRIAL SERVICES, INC. Exhibit F.11
CONSOLIDATING BALANCE SHEETS (Continued) (Continued)
AS OF DECEMBER 31, 1999
Alliant Alliant
Whiting Energy Energy
Petroleum Industrial Industrial
Corporation Services, Inc. Subtotal Eliminations Services, Inc.
------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Oil and gas properties $243,496,909 $- $243,496,909 $- $243,496,909
Less - Accumulated depreciation (113,053,221) - (113,053,221) (113,053,221)
Other 2,952,132 - 76,508,052 76,508,052
Less - Accumulated depreciation (2,042,010) - (17,561,083) (17,561,083)
------------------------------------------------------------------------------
Total property, plant and equipment 131,353,810 - 189,390,657 - 189,390,657
------------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - 71,473,262 71,473,262 (71,473,262) -
------------------------------------------------------------------------------
Total investments - 71,473,262 71,473,262 (71,473,262) -
------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 5,550,013 - 6,799,952 6,799,952
Accounts receivable - customers 9,656,833 - 39,561,179 39,561,179
Accounts receivable - other 234,175 849,210 1,174,009 1,174,009
Current notes receivable - - 9,962 9,962
Allowance for doubtful accounts (A/R customers) (137,267) - (1,128,680) (1,128,680)
Intercompany receivables (accounts,notes,dividends,
taxes,etc.) 161,201 - 1,082,450 (261,527) 820,923
Loan to money pools - - 8,588,496 8,588,496
Income taxes receivable - - 1,184,214 1,184,214
Materials and supplies, at average cost - - 154,545 154,545
Prepayments and other 1,126,521 - 1,992,590 1,992,590
------------------------------------------------------------------------------
Total current assets 16,591,476 849,210 59,418,717 (261,527) 59,157,190
------------------------------------------------------------------------------
Other Assets:
Deferred charges and other 596,169 - 3,498,946 3,498,946
------------------------------------------------------------------------------
Total other assets 596,169 - 3,498,946 - 3,498,946
------------------------------------------------------------------------------
------------------------------------------------------------------------------
Total Assets $148,541,455 $72,322,472 $323,781,582 ($71,734,789) $252,046,793
==============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANT ENERGY INDUSTRIAL SERVICES, INC. Exhibit F.11
CONSOLIDATING BALANCE SHEETS (Continued) (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Industrial Heartland Heartland
Energy Consolidated Energy Energy
Applications, Inc. Ely, Inc. RMT, Inc. Group, Inc. Services, Inc.
-------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $9,970,973 $- $11,821,914 $3,288,981 $-
Retained earnings 1,349,932 - 6,611,465 (627,111) -
-------------------------------------------------------------------------------
Total common equity 11,320,905 - 18,433,379 2,661,870 -
-------------------------------------------------------------------------------
Long-term debt (excluding current portion) 51,745 - - - -
-------------------------------------------------------------------------------
Total capitalization 11,372,650 - 18,433,379 2,661,870 -
-------------------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools 44,856,012 - - - -
Notes payable 46,043 - - - -
Accounts payable 872,067 - 5,252,326 3,707,564 -
Intercompany payables (accounts,notes,dividends,
taxes,etc.) 234,567 - 1,512 283,983 -
Accrued payroll and vacations 31,889 - 3,442,006 - -
Accrued income taxes 157,521 - 28,522 - -
Accrued other taxes (property, payroll, etc.) 280,044 - 364,141 45,274 -
Other current liabilities 1,008,674 - 1,019,001 113,932 -
-------------------------------------------------------------------------------
Total current liabilities 47,486,817 - 10,107,508 4,150,753 -
-------------------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 7,451,154 - (957,197) (249,993) -
Environmental liabilities - - - - -
Minority interest 1,738,380 - - - -
Other 215,748 - 506,586 - -
-------------------------------------------------------------------------------
Total long-term liabilities 9,405,282 - (450,611) (249,993) -
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Total Liabilities and Capitalization $68,264,749 $- $28,090,276 $6,562,630 $-
===============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ALLIANT ENERGY INDUSTRIAL SERVICES, INC. Exhibit F.11
CONSOLIDATING BALANCE SHEETS (Continued) (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Alliant Alliant
Whiting Energy Energy
Petroleum Industrial Industrial
Corporation Services, Inc. Subtotal Eliminations Services, Inc.
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $47,699,856 $73,729,930 $146,511,654 ($72,781,724) $73,729,930
Retained earnings (8,642,748) (3,840,750) (5,149,212) 1,308,462 (3,840,750)
--------------------------------------------------------------------------------
Total common equity 39,057,108 69,889,180 141,362,442 (71,473,262) 69,889,180
--------------------------------------------------------------------------------
Long-term debt (excluding current portion) - - 51,745 51,745
--------------------------------------------------------------------------------
Total capitalization 39,057,108 69,889,180 141,414,187 (71,473,262) 69,940,925
--------------------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools 72,531,442 2,504,169 119,891,623 119,891,623
Notes payable - - 46,043 46,043
Accounts payable 9,448,093 - 19,280,050 19,280,050
Intercompany payables (accounts,notes,dividends,
taxes,etc.) 6,095 1,749 527,906 (261,527) 266,379
Accrued payroll and vacations - - 3,473,895 3,473,895
Accrued income taxes 3,845,379 780,015 4,811,437 4,811,437
Accrued other taxes (property, payroll, etc.) 3,006,749 - 3,696,208 3,696,208
Other current liabilities 2,396,859 250,000 4,788,466 4,788,466
--------------------------------------------------------------------------------
Total current liabilities 91,234,617 3,535,933 156,515,628 (261,527) 156,254,101
--------------------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 5,253,000 (1,102,641) 10,394,323 10,394,323
Environmental liabilities 12,996,730 - 12,996,730 12,996,730
Minority interest - - 1,738,380 - 1,738,380
Other - - 722,334 722,334
--------------------------------------------------------------------------------
Total long-term liabilities 18,249,730 (1,102,641) 25,851,767 - 25,851,767
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Total Liabilities and Capitalization $148,541,455 $72,322,472 $323,781,582 ($71,734,789) $252,046,793
================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.12
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Industrial Heartland
Energy Consolidated Energy
Applications, Inc. Ely, Inc. RMT, Inc. Group, Inc.
----------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) ($397,109) $- $2,427,796 $277,047
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 3,484,212 - 976,466 627
Deferred taxes and investment tax credits 1,308,631 - - 140,704
Impairment of oil and gas properties - - - -
Gain on disposition of assets (543,771) - (499,235) -
Other - - - (1,383,162)
Other changes in assets and liabilities:
Accounts receivable 3,672,964 - (1,210,322) (4,733,811)
Notes receivable 11,116 - - -
Materials and supplies, at average cost (26,816) - - -
Accounts payable (6,668,484) - (2,316,334) 3,991,547
Accrued taxes 259,892 - (41,495) 3,318
Other 4,642,980 (137,978) 105,351 (45,688)
----------------------------------------------------------------
Net cash flows from (used for) operating activities 5,743,615 (137,978) (557,773) (1,749,418)
----------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends - - (1,091,422) -
Proceeds from issuance of long-term debt 37,769 - - -
Reductions of long-term debt (27,423) - (4,377,769) -
Net change in short-term borrowings 26,325 - - -
Net change in borrowings from / (loans to) money pools 7,148,584 - (525,514) (1,644,232)
Other - - 920,052 208,669
----------------------------------------------------------------
Net cash flows from (used for) financing activities 7,185,255 - (5,074,653) (1,435,563)
----------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (14,524,918) - (1,674,202) (26,200)
Proceeds from the disposition of assets 3,225,758 - 5,689,809 -
Other (1,027,171) - 1,589,936 3,211,181
----------------------------------------------------------------
Net cash flows from (used for) investing activities (12,326,331) - 5,605,543 3,184,981
----------------------------------------------------------------
----------------------------------------------------------------
Net increase (decrease) in cash and temp. cash investments 602,539 (137,978) (26,883) -
----------------------------------------------------------------
Cash and temporary cash investments at beginning of period 570,432 137,978 103,851 -
----------------------------------------------------------------
Cash and temporary cash investments at end of period $1,172,971 $- $76,968 $-
================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.12 (Continued)
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Heartland Whiting Energy
Energy Petroleum Industrial
Services, Inc. Corporation Services, Inc.
--------------------------------------------------
<S> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $476,629 $11,082,849 $11,747,558
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization - 19,802,882 -
Deferred taxes and investment tax credits 40,885 1,679,000 (65,743)
Impairment of oil and gas properties - 3,276,110
Gain on disposition of assets - (10,164,562) -
Other (833,760) - -
Other changes in assets and liabilities:
Accounts receivable - 2,359,284 (849,210)
Notes receivable - - -
Materials and supplies, at average cost - - -
Accounts payable - 2,473,570 1,749
Accrued taxes (42,727) 4,601,346 780,015
Other 465,019 5,318,262 (251,321)
--------------------------------------------------
Net cash flows from (used for) operating activities 106,046 40,428,741 11,363,048
--------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends 6,458,424 - (922,984)
Proceeds from issuance of long-term debt - - -
Reductions of long-term debt - - -
Net change in short-term borrowings - (1,764,691) -
Net change in borrowings from / (loans to) money pools - (15,016,512) 2,504,169
Other (6,937,627) - 481,081
--------------------------------------------------
Net cash flows from (used for) financing activities (479,203) (16,781,203) 2,062,266
--------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures - (35,185,715) -
Proceeds from the disposition of assets - 13,404,582 -
Other 373,157 (74,195) (13,425,314)
--------------------------------------------------
Net cash flows from (used for) investing activities 373,157 (21,855,328) (13,425,314)
--------------------------------------------------
--------------------------------------------------
Net increase (decrease) in cash and temp. cash investments - 1,792,210 -
--------------------------------------------------
Cash and temporary cash investments at beginning of period - 3,757,803 -
--------------------------------------------------
Cash and temporary cash investments at end of period $- $5,550,013 $-
==================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.12 (Continued)
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant
Energy
Industrial
Subtotal Eliminations Services, Inc.
--------------------------------------------------
<S> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $25,614,770 ($13,867,212) $11,747,558
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 24,264,187 24,264,187
Deferred taxes and investment tax credits 3,103,477 - 3,103,477
Impairment of oil and gas properties 3,276,110 3,276,110
Gain on disposition of assets (11,207,568) (11,207,568)
Other (2,216,922) 1,383,162 (833,760)
Other changes in assets and liabilities:
Accounts receivable (761,095) (120,194) (881,289)
Notes receivable 11,116 - 11,116
Materials and supplies, at average cost (26,816) (26,816)
Accounts payable (2,517,952) 120,194 (2,397,758)
Accrued taxes 5,560,349 - 5,560,349
Other 10,096,625 (1,383,162) 8,713,463
---------------------------------------------------
Net cash flows from (used for) operating activities 55,196,281 (13,867,212) 41,329,069
---------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends 4,444,018 (5,367,002) (922,984)
Proceeds from issuance of long-term debt 37,769 37,769
Reductions of long-term debt (4,405,192) (4,405,192)
Net change in short-term borrowings (1,738,366) - (1,738,366)
Net change in borrowings from / (loans to) money pools (7,533,505) (7,533,505)
Other (5,327,825) 5,808,906 481,081
---------------------------------------------------
Net cash flows from (used for) financing activities (14,523,101) 441,904 (14,081,197)
---------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (51,411,035) (51,411,035)
Proceeds from the disposition of assets 22,320,149 22,320,149
Other (9,352,406) 13,425,308 4,072,902
---------------------------------------------------
Net cash flows from (used for) investing activities (38,443,292) 13,425,308 (25,017,984)
---------------------------------------------------
---------------------------------------------------
Net increase (decrease) in cash and temp. cash investments 2,229,888 - 2,229,888
---------------------------------------------------
Cash and temporary cash investments at beginning of period 4,570,064 4,570,064
---------------------------------------------------
Cash and temporary cash investments at end of period $6,799,952 $$6,799,952
===================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.13
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Industrial Heartland
Energy Consolidated Energy
Applications, Inc. Ely, Inc. RMT, Inc. Group, Inc.
---------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 $1,747,040 $- $5,275,090 ($904,158)
Net income (loss) (397,108) - 2,427,797 277,047
Cash dividends declared on common stock - - (1,091,422) -
Cash dividends declared on preferred stock - - - -
---------------------------------------------------------------------
Balance at December 31, 1999 $1,349,932 $- $6,611,465 ($627,111)
=====================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.13 (Continued)
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Heartland Whiting Energy
Energy Petroleum Industrial
Services, Inc. Corporation Services, Inc.
-------------------------------------------------------
<S> <C> <C> <C>
Balance at January 1, 1999 ($6,935,053) ($19,725,597) ($14,665,324)
Net income (loss) 476,629 11,082,849 11,747,558
Cash dividends declared on common stock 6,458,424 - (922,984)
Cash dividends declared on preferred stock - - -
-------------------------------------------------------
Balance at December 31, 1999 $- ($8,642,748) ($3,840,750)
=======================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.13 (Continued)
ALLIANT ENERGY INDUSTRIAL SERVICES, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant
Energy
Industrial
Subtotal Eliminations Services, Inc.
--------------------------------------------------------
<S> <C> <C> <C>
Balance at January 1, 1999 ($35,208,002) $20,542,681 ($14,665,321)
Net income (loss) 25,614,772 (13,867,217) 11,747,555
Cash dividends declared on common stock 4,444,018 (5,367,002) (922,984)
Cash dividends declared on preferred stock - -
--------------------------------------------------------
Balance at December 31, 1999 ($5,149,212) $1,308,462 ($3,840,750)
========================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.14
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Interstate Energy
International Energy Alliant Holdings do
New Zealand Corporation Energy Brasil
Limited PTE Limited Brazil, Inc. Limitada
--------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
--------------------------------------------------------------------------
Total operating revenues $- $- $- $-
--------------------------------------------------------------------------
Operating Expenses:
Other operating 1,204,349 - - -
Depreciation and amortization - 48,540 - -
--------------------------------------------------------------------------
Total operating expenses 1,204,349 48,540 - -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Operating Loss (1,204,349) (48,540) - -
--------------------------------------------------------------------------
Interest Expense and Other:
Interest expense 1,617 - - -
Interest expense - intercompany - - - -
Interest income (96,409) (7,067) - -
Interest income - intercompany - (500) - -
Dividend income (4,533,913) - - -
Income from consolidated subsidiaries - - - -
Equity (income) / loss in unconsolidated subsidiaries - (1,932,839) - -
Other income - net (6,080,642) (780,141) - -
--------------------------------------------------------------------------
Total interest expense and other (10,709,347) (2,720,547) - -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 9,504,998 2,672,007 - -
--------------------------------------------------------------------------
Income Taxes:
Current - Federal - - - -
- State - - - -
Deferred - Federal - - - -
- State - - - -
--------------------------------------------------------------------------
Total income taxes - - - -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Net Income / (Loss) $9,504,998 $2,672,007 $- $-
==========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.14 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Alliant Energy
Grandelight Alliant Energy de Energy Renewable
Holding Energy de Mexico S. de Australia Resources
Limited Mexico L.L.C. R.L. de C.V. Pty. Limited Limited
--------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Operating Revenues:
--------------------------------------------------------------------------
Total operating revenues $- $- $- $- $-
--------------------------------------------------------------------------
Operating Expenses:
Other operating - - - 167,603 -
Depreciation and amortization 166,587 - - - -
--------------------------------------------------------------------------
Total operating expenses 166,587 - - 167,603 -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Operating Loss (166,587) - - (167,603) -
--------------------------------------------------------------------------
Interest Expense and Other:
Interest expense - - - - -
Interest expense - intercompany 2,750 - - - -
Interest income (4,017) - - (27,806) -
Interest income - intercompany - - - - -
Dividend income - - - - -
Income from consolidated subsidiaries - - - - -
Equity (income) / loss in unconsolidated subsidiaries 2,674,026 - - - -
Other income - net (27,858) - - - -
--------------------------------------------------------------------------
Total interest expense and other 2,644,901 - - (27,806) -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends (2,811,488) - - (139,797) -
--------------------------------------------------------------------------
Income Taxes:
Current - Federal - - - - -
- State - - - - -
Deferred - Federal - - - - -
- State - - - - -
--------------------------------------------------------------------------
Total income taxes - - - - -
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Net Income / (Loss) ($2,811,488) $- $- ($139,797) $-
==========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.14 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
International, International,
Inc. Subtotal Eliminations Inc.
--------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
--------------------------------------------------------------------------
Total operating revenues $- $- $- $-
--------------------------------------------------------------------------
Operating Expenses:
Other operating 5,405,302 6,777,254 6,777,254
Depreciation and amortization - 215,127 215,127
--------------------------------------------------------------------------
Total operating expenses 5,405,302 6,992,381 - 6,992,381
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Operating Loss (5,405,302) (6,992,381) - (6,992,381)
--------------------------------------------------------------------------
Interest Expense and Other:
Interest expense (301,503) (299,886) (299,886)
Interest expense - intercompany 8,388,625 8,391,375 (500) 8,390,875
Interest income (955,393) (1,090,692) (1,090,692)
Interest income - intercompany - (500) 500 -
Dividend income - (4,533,913) (4,533,913)
Income from consolidated subsidiaries (9,225,721) (9,225,721) 9,225,721 -
Equity (income) / loss in unconsolidated subsidiaries - 741,187 741,187
Other income - net (50,999) (6,939,640) (6,939,640)
--------------------------------------------------------------------------
Total interest expense and other (2,144,991) (12,957,790) 9,225,721 (3,732,069)
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends (3,260,311) 5,965,409 (9,225,721) (3,260,312)
--------------------------------------------------------------------------
Income Taxes:
Current - Federal (1,123,644) (1,123,644) (1,123,644)
- State (1,097,846) (1,097,846) (1,097,846)
Deferred - Federal (544,377) (544,377) (544,377)
- State (132,691) (132,691) (132,691)
--------------------------------------------------------------------------
Total income taxes (2,898,558) (2,898,558) - (2,898,558)
--------------------------------------------------------------------------
--------------------------------------------------------------------------
Net Income / (Loss) ($361,753) $8,863,967 ($9,225,721) ($361,754)
==========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Alliant
Alliant Interstate Energy
International Energy Alliant Holdings do
New Zealand Corporation Energy Brasil
Limited PTE Limited Brazil, Inc. Limitada
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Other $29,927 $- $- $-
Less - Accumulated depreciation (10,963) - - -
-----------------------------------------------------------------------
Total property, plant and equipment 18,964 - - -
-----------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - -
Investment in foreign entities 107,749,931 26,839,114 - -
-----------------------------------------------------------------------
Total investments 107,749,931 26,839,114 - -
-----------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - 1,772,389 - -
Accounts receivable - other 52,027 - - -
Intercompany receivables (accts, notes, divs, etc.) - 1,500,500 - -
Income taxes receivable - - - -
-----------------------------------------------------------------------
Total current assets 52,027 3,272,889 - -
-----------------------------------------------------------------------
Other Assets:
Deferred charges and other - - - -
-----------------------------------------------------------------------
Total other assets - - - -
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Assets $107,820,922 $30,112,003 $- $-
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Alliant
Alliant Alliant Energy
Grandelight Alliant Energy de Energy Renewable
Holding Energy de Mexico S. de Australia Resources
Limited Mexico L.L.C. R.L. de C.V. Pty. Limited Limited
----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Other $- $- $- $- $-
Less - Accumulated depreciation - - - - -
----------------------------------------------------------------------------
Total property, plant and equipment - - - - -
----------------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - - -
Investment in foreign entities 35,427,156 - - 17,796,787 -
----------------------------------------------------------------------------
Total investments 35,427,156 - - 17,796,787 -
----------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - - - - -
Accounts receivable - other - - - 11,501 -
Intercompany receivables (accts, notes, divs, etc.) - - - - -
Income taxes receivable - - - - -
----------------------------------------------------------------------------
Total current assets - - - 11,501 -
----------------------------------------------------------------------------
Other Assets:
Deferred charges and other - - - - -
----------------------------------------------------------------------------
Total other assets - - - - -
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Total Assets $35,427,156 $- $- $17,808,288 $-
============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
International, International,
Inc. Subtotal Eliminations Inc.
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Other $- $29,927 $- $29,927
Less - Accumulated depreciation - (10,963) (10,963)
-----------------------------------------------------------------------
Total property, plant and equipment - 18,964 - 18,964
-----------------------------------------------------------------------
Investments:
Consolidated subsidiaries 158,736,922 158,736,922 (158,736,922) -
Investment in foreign entities 9,760,988 197,573,976 197,573,976
-----------------------------------------------------------------------
Total investments 168,497,910 356,310,898 (158,736,922) 197,573,976
-----------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - 1,772,389 1,772,389
Accounts receivable - other - 63,528 63,528
Intercompany receivables (accts, notes, divs, etc.) 33,276,829 34,777,329 (34,777,329) -
Income taxes receivable 231,222 231,222 231,222
-----------------------------------------------------------------------
Total current assets 33,508,051 36,844,468 (34,777,329) 2,067,139
-----------------------------------------------------------------------
Other Assets:
Deferred charges and other 255,761 255,761 255,761
-----------------------------------------------------------------------
Total other assets 255,761 255,761 - 255,761
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Assets $202,261,722 $393,430,091 ($193,514,251) $199,915,840
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Alliant
Alliant Interstate Energy
International Energy Alliant Holdings do
New Zealand Corporation Energy Brasil
Limited PTE Limited Brazil, Inc. Limitada
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $96,555,764 $24,072,234 $- $-
Retained earnings 7,528,361 6,004,593 - -
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) 8,170,164 - - -
Cum foreign currency translation adjustments (9,586,383) 35,176 - -
-----------------------------------------------------------------------
Total capitalization 102,667,906 30,112,003 - -
-----------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools - - - -
Accounts payable 41,174 - - -
Intercompany payables (accts, notes, divs, etc.) - - - -
Accrued income taxes 712,523 - - -
Other current liabilities - - - -
-----------------------------------------------------------------------
Total current liabilities 753,697 - - -
-----------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 4,399,319 - - -
-----------------------------------------------------------------------
Total long-term liabilities 4,399,319 - - -
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Liabilities and Capitalization $107,820,922 $30,112,003 $- $-
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Alliant
Alliant Alliant Energy
Grandelight Alliant Energy de Energy Renewable
Holding Energy de Mexico S. de Australia Resources
Limited Mexico L.L.C. R.L. de C.V. Pty. Limited Limited
-----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $4,499,076 $- $- $23,798,879 $-
Retained earnings (3,582,188) - - (139,797) -
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) - - - (3,982,387) -
Cum foreign currency translation adjustments (269,311) - - 252,640 -
-----------------------------------------------------------------------
Total capitalization 647,577 - - 19,929,335 -
-----------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools - - - - -
Accounts payable - - - 23,315 -
Intercompany payables (accts, notes, divs, etc.) 34,779,579 - - - -
Accrued income taxes - - - - -
Other current liabilities - - - - -
-----------------------------------------------------------------------
Total current liabilities 34,779,579 - - 23,315 -
-----------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes - - - (2,144,362) -
-----------------------------------------------------------------------
Total long-term liabilities - - - (2,144,362) -
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Liabilities and Capitalization $35,427,156 $- $- $17,808,288 $-
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.15 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
International, International,
Inc. Subtotal Eliminations Inc.
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $30,488,761 $179,414,714 ($148,925,953) $30,488,761
Retained earnings (8,655,172) 1,155,797 (9,810,969) (8,655,172)
Other comprehensive income:
Unrealized security gains / (losses) (FAS 115) - 4,187,777 4,187,777
Cum foreign currency translation adjustments - (9,567,878) (9,567,878)
-----------------------------------------------------------------------
Total capitalization 21,833,589 175,190,410 (158,736,922) 16,453,488
-----------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools 178,547,239 178,547,239 178,547,239
Accounts payable 572,165 636,654 636,654
Intercompany payables (accts, notes, divs, etc.) 1,006,129 35,785,708 (34,777,329) 1,008,379
Accrued income taxes - 712,523 712,523
Other current liabilities 339,324 339,324 339,324
-----------------------------------------------------------------------
Total current liabilities 180,464,857 216,021,448 (34,777,329) 181,244,119
-----------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes (36,724) 2,218,233 2,218,233
-----------------------------------------------------------------------
Total long-term liabilities (36,724) 2,218,233 - 2,218,233
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Liabilities and Capitalization $202,261,722 $393,430,091 ($193,514,251) $199,915,840
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.16
ALLIANT ENERGY INTERNATIONAL, INC
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Interstate Energy
International Energy Alliant Holdings do
New Zealand Corporation Energy Brasil
Limited PTE Limited Brazil, Inc. Limitada
------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $9,504,998 $2,672,007 $- $-
Adjustments to reconcile net income (loss) to net cash
flows from operating activities:
Depreciation and amortization - 48,540 - -
Deferred taxes and investment tax credits - - - -
Gain on disposition of assets (5,990,407) - - -
Other (11,877,822) (2,712,980) - -
Other changes in assets and liabilities:
Accounts receivable (39,959) (1,500,500) 1,000 -
Accounts payable 457 - - -
Accrued taxes 455,976 - - -
Other 249,992 - - -
------------------------------------------------------------------
Net cash flows from (used for) operating activities (7,696,765) (1,492,933) 1,000 -
------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (1,147,419) - - -
Net change in borrowings from money pools - - - -
Other 67,808,135 - (1,000) -
------------------------------------------------------------------
Net cash flows from (used for) financing activities 66,660,716 - (1,000) -
------------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (70,368,971) - - -
Proceeds from the disposition of assets 13,773,574 - - -
Other (2,368,554) 3,136,836 - -
------------------------------------------------------------------
Net cash flows from (used for) investing activities (58,963,951) 3,136,836 - -
------------------------------------------------------------------
------------------------------------------------------------------
Net increase in cash and temporary cash investments - 1,643,903 - -
------------------------------------------------------------------
Cash and temporary cash investments at beg. of period - 128,486 - -
------------------------------------------------------------------
Cash and temporary cash investments at end of period $- $1,772,389 $- $-
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.16 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Alliant Energy
Grandelight Alliant Energy de Energy Renewable
Holding Energy de Mexico S. de Australia Resources
Limited Mexico L.L.C. R.L. de C.V. Pty. Limited Limited
------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) ($2,811,488) $- $- ($139,797) $-
Adjustments to reconcile net income (loss) to net cash
flows from operating activities:
Depreciation and amortization 166,587 - - - -
Deferred taxes and investment tax credits - - - - -
Gain on disposition of assets - - - - -
Other 2,642,151 - - (153,644) -
Other changes in assets and liabilities:
Accounts receivable - - - (11,501) -
Accounts payable 29,610,910 - - 23,315 -
Accrued taxes - - - - -
Other - - - - -
------------------------------------------------------------------
Net cash flows from (used for) operating activities 29,608,160 - - (281,627) -
------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends - - - - -
Net change in borrowings from money pools - - - - -
Other - - - 23,798,879 -
------------------------------------------------------------------
Net cash flows from (used for) financing activities - - - 23,798,879 -
------------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (29,608,160) - - (23,616,300) -
Proceeds from the disposition of assets - - - - -
Other - - - 99,048 -
------------------------------------------------------------------
Net cash flows from (used for) investing activities (29,608,160) - - (23,517,252) -
------------------------------------------------------------------
------------------------------------------------------------------
Net increase in cash and temporary cash investments - - - - -
------------------------------------------------------------------
Cash and temporary cash investments at beg. of period - - - - -
------------------------------------------------------------------
Cash and temporary cash investments at end of period $- $- $- $- $-
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.16 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
International, International,
Inc. Subtotal Eliminations Inc.
------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) ($361,753) $8,863,967 ($9,225,720) ($361,753)
Adjustments to reconcile net income (loss) to net cash
flows from operating activities:
Depreciation and amortization - 215,127 215,127
Deferred taxes and investment tax credits (677,068) (677,068) - (677,068)
Gain on disposition of assets - (5,990,407) (5,990,407)
Other (455,393) (12,557,688) - (12,557,688)
Other changes in assets and liabilities:
Accounts receivable (28,108,160) (29,659,120) 29,607,660 (51,460)
Accounts payable 775,025 30,409,707 (29,607,660) 802,047
Accrued taxes - 455,976 - 455,976
Other 342,689 592,681 - 592,681
-------------------------------------------------------------------
Net cash flows from (used for) operating activities (28,484,660) (8,346,825) (9,225,720) (17,572,545)
-------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends - (1,147,419) 1,147,419 -
Net change in borrowings from money pools 125,327,664 125,327,664 125,327,664
Other 12,088,909 103,694,923 (91,606,014) 12,088,909
-------------------------------------------------------------------
Net cash flows from (used for) financing activities 137,416,573 227,875,168 (90,458,595) 137,416,573
-------------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (7,020,455) (130,613,886) (130,613,886)
Proceeds from the disposition of assets - 13,773,574 13,773,574
Other (101,911,458) (101,044,128) 99,684,315 (1,359,813)
-------------------------------------------------------------------
Net cash flows from (used for) investing activities (108,931,913) (217,884,440) 99,684,315 (118,200,125)
-------------------------------------------------------------------
-------------------------------------------------------------------
Net increase in cash and temporary cash investments - 1,643,903 - 1,643,903
-------------------------------------------------------------------
Cash and temporary cash investments at beg. of period - 128,486 128,486
-------------------------------------------------------------------
Cash and temporary cash investments at end of period $- $1,772,389 $- $1,772,389
===================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.17
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Interstate Energy
International Energy Alliant Holdings do
New Zealand Corporation Energy Brasil
Limited PTE Limited Brazil, Inc. Limitada
---------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 ($829,218) $3,332,586 $- $-
Net income (loss) 9,504,998 2,672,007 - -
Cash dividends declared on common stock (1,147,419) - - -
Cash dividends declared on preferred stock - - - -
---------------------------------------------------------------------------
Balance at December 31, 1999 $7,528,361 $6,004,593 $- $-
===========================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.17 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Alliant
Alliant Alliant Energy
Grandelight Alliant Energy de Energy Renewable
Holding Energy de Mexico S. de Australia Resources
Limited Mexico L.L.C. R.L. de C.V. Pty. Limited Limited
----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Balance at January 1, 1999 ($770,700) $- $- $- $-
Net income (loss) (2,811,488) - - (139,797) -
Cash dividends declared on common stock - - - - -
Cash dividends declared on preferred stock - - - - -
----------------------------------------------------------------------------
Balance at December 31, 1999 ($3,582,188) $- $- ($139,797) $-
============================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.17 (Continued)
ALLIANT ENERGY INTERNATIONAL, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
International, International,
Inc. Subtotal Eliminations Inc.
---------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 ($8,293,419) ($6,560,751) ($1,732,667) ($8,293,418)
Net income (loss) (361,753) 8,863,967 (9,225,721) (361,754)
Cash dividends declared on common stock - (1,147,419) 1,147,419 -
Cash dividends declared on preferred stock - - - -
---------------------------------------------------------------------------
Balance at December 31, 1999 ($8,655,172) $1,155,797 ($9,810,969) ($8,655,172)
===========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.18
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated
2001 Iowa Land Village Alliant
Development and Building Lakeshares Energy
Corporation Company Inc. Investco, Inc.
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
Affordable housing $- $- $- $-
Professional fees, rents and other 3,947,804 3,200,784 4,826,848 -
-----------------------------------------------------------------------
Total operating revenues 3,947,804 3,200,784 4,826,848 -
-----------------------------------------------------------------------
Operating Expenses:
Other operating 991,366 1,547,311 4,994,832 7,888
Maintenance 575,192 417,924 135,543 -
Depreciation and amortization 676,288 378,932 568,572 -
Miscellaneous taxes other than income taxes 459,722 72,636 132,320 -
-----------------------------------------------------------------------
Total operating expenses 2,702,568 2,416,803 5,831,267 7,888
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Operating Income (Loss) 1,245,236 783,981 (1,004,419) (7,888)
-----------------------------------------------------------------------
Interest Expense and Other:
Interest expense 815,700 - 3,798 -
Interest expense - intercompany 244,677 429,272 480,516 77,987
Interest income (63,307) (3,443) (595,172) -
Interest income - intercompany - (206) - -
Income from consolidated subsidiaries - - - -
Equity (income) / loss in unconsolidated subsidiaries 214,334 - - -
Minority interest of (income) / loss (19,603) (2,271) (293,803) -
Other (income) and deductions - net (158,212) (295,120) - 256,281
-----------------------------------------------------------------------
Total interest expense and other 1,033,589 128,232 (404,661) 334,268
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 211,647 655,749 (599,758) (342,156)
-----------------------------------------------------------------------
Income Taxes:
Current - Federal - 192,065 (680,946) (202,606)
- State - 66,492 (200,347) (61,576)
Deferred - Federal - 34,123 371,322 88,510
- State - 6,912 69,703 16,614
Low-income housing tax credits - - - -
-----------------------------------------------------------------------
Total income taxes - 299,592 (440,268) (159,058)
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Net Income / (Loss) $211,647 $356,157 ($159,490) ($183,098)
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.18 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Sawyer Heartland Atlantic-
Finance Energy Sundance Heartland
Limited Services, Inc. Apartments, L.P. Properties, Inc.
------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
Affordable housing $- $- $- $11,849,421
Professional fees, rents and other - - 120,672 847,813
------------------------------------------------------------------------
Total operating revenues - - 120,672 12,697,234
------------------------------------------------------------------------
Operating Expenses:
Other operating - 733 191,979 8,961,791
Maintenance - - - -
Depreciation and amortization - - 72,802 3,343,736
Miscellaneous taxes other than income taxes - - 18,617 1,322,932
------------------------------------------------------------------------
Total operating expenses - 733 283,398 13,628,459
------------------------------------------------------------------------
------------------------------------------------------------------------
Operating Income (Loss) - (733) (162,726) (931,225)
------------------------------------------------------------------------
Interest Expense and Other:
Interest expense - - 72,421 4,512,781
Interest expense - intercompany - 11,236 - 75,598
Interest income (750,184) - (26) (896,294)
Interest income - intercompany - - - (504,300)
Income from consolidated subsidiaries - - - -
Equity (income) / loss in unconsolidated subsidiaries - 159,437 - (3,819,230)
Minority interest of (income) / loss - - - (544)
Other (income) and deductions - net 43,420 (14,135) - (39,746,824)
------------------------------------------------------------------------
Total interest expense and other (706,764) 156,538 72,395 (40,378,813)
------------------------------------------------------------------------
------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 706,764 (157,271) (235,121) 39,447,588
------------------------------------------------------------------------
Income Taxes:
Current - Federal - (160,957) - 12,703,268
- State - 3,379 - 2,099,666
Deferred - Federal - 73,093 - -
- State - 47,828 - -
Low-income housing tax credits - - - (5,838,030)
------------------------------------------------------------------------
Total income taxes - (36,657) - 8,964,904
------------------------------------------------------------------------
------------------------------------------------------------------------
Net Income / (Loss) $706,764 ($120,614) ($235,121) $30,482,684
========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.18 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consoldiated
Alliant Alliant
Energy Energy
Investments, Inc. Subtotal Eliminations Investments, Inc.
----------------------------------------------------------------------
<S> <C> C> <C> <C>
Operating Revenues:
Affordable housing $- $11,849,421 $- $11,849,421
Professional fees, rents and other - 12,943,921 12,943,921
----------------------------------------------------------------------
Total operating revenues - 24,793,342 - 24,793,342
----------------------------------------------------------------------
Operating Expenses:
Other operating 295,929 16,991,829 16,991,829
Maintenance - 1,128,659 1,128,659
Depreciation and amortization - 5,040,330 5,040,330
Miscellaneous taxes other than income taxes - 2,006,227 2,006,227
----------------------------------------------------------------------
Total operating expenses 295,929 25,167,045 - 25,167,045
----------------------------------------------------------------------
----------------------------------------------------------------------
Operating Income (Loss) (295,929) (373,703) - (373,703)
----------------------------------------------------------------------
Interest Expense and Other:
Interest expense - 5,404,700 5,404,700
Interest expense - intercompany 1,811,408 3,130,694 (244,676) 2,886,018
Interest income - (2,308,426) (2,308,426)
Interest income - intercompany (257,801) (762,307) 244,676 (517,631)
Income from consolidated subsidiaries (30,954,024) (30,954,024) 30,954,024 -
Equity (income) / loss in unconsolidated subsidiaries 810,157 (2,635,302) (293,803) (2,929,105)
Minority interest of (income) / loss - (316,221) 398,709 82,488
Other (income) and deductions - net - (39,914,590) (39,914,590)
----------------------------------------------------------------------
Total interest expense and other (28,590,260) (68,355,476) 31,058,930 (37,296,546)
----------------------------------------------------------------------
----------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 28,294,331 67,981,773 (31,058,930) 36,922,843
----------------------------------------------------------------------
Income Taxes:
Current - Federal (812,427) 11,038,397 11,038,397
- State (269,697) 1,637,917 1,637,917
Deferred - Federal 212,962 780,010 780,010
- State (18,196) 122,861 122,861
Low-income housing tax credits (85,159) (5,923,189) (5,923,189)
----------------------------------------------------------------------
Total income taxes (972,517) 7,655,996 - 7,655,996
----------------------------------------------------------------------
----------------------------------------------------------------------
Net Income / (Loss) $29,266,848 $60,325,777 ($31,058,930) $29,266,847
======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Consolidated Consolidated Consolidated
2001 Iowa Land Village Alliant
Development and Building Lakeshares Energy
Corporation Company Inc. Investco, Inc.
-----------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Rental property $20,454,860 $- $- $-
Less - Accumulated depreciation (4,771,419) - - -
Other 218,928 12,885,764 6,834,933 -
Less - Accumulated depreciation (42,480) (1,552,367) (3,947,035) -
-----------------------------------------------------------------------
Total property, plant and equipment 15,859,889 11,333,397 2,887,898 -
-----------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - -
Investment in foreign entities - - - 481,141
Investment in McLeodUSA Inc. - - - -
Investment in low-income housing projects - - - -
Other 2,826,671 - - 1,006,983
-----------------------------------------------------------------------
Total investments 2,826,671 - - 1,488,124
-----------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 2,034,209 (1,240) 373,990 -
Accounts receivable - customers 46,338 57,000 49,028 -
Accounts receivable - other 8,351 14,171 147,037 -
Current notes receivable - 22,316 1,295,380 -
Allowance for doubtful accounts (A/R customers) - - (1,220) -
Allowance for doubtful accounts (A/R other) - - - -
Allowance for doubtful accounts (notes) - - (153,163) -
Intercompany receivables (accounts,notes,dividends,etc.) - 532,721 - -
Loan to money pools - - - -
Income taxes receivable - 63,361 881,293 -
Materials and supplies, at average cost - - 79,930 -
Restricted cash - - - -
Prepayments and other 36,394 137,826 6,207 -
-----------------------------------------------------------------------
Total current assets 2,125,292 826,155 2,678,482 -
-----------------------------------------------------------------------
Other Assets:
Non-current notes receivable 77,410 - 4,319,819 -
Restricted cash 9,902 - - -
Unamortized debt expenses 9,524 - - -
Deferred charges and other 61,197 - - -
-----------------------------------------------------------------------
Total other assets 158,033 - 4,319,819 -
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Total Assets $20,969,885 $12,159,552 $9,886,199 $1,488,124
=======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Sawyer Heartland Atlantic-
Finance Energy Sundance Heartland
Limited Services, Inc. Apartments, L.P. Properties, Inc.
---------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Rental property $- $2,158,994 $110,761,002
Less - Accumulated depreciation - - (65,373) (23,026,635)
Other - - - 798,270
Less - Accumulated depreciation - - - (487,439)
----------------------------------------------------------------------
Total property, plant and equipment - - 2,093,621 88,045,198
----------------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - -
Investment in foreign entities - - - -
Investment in McLeodUSA Inc. - - - 16,773,605
Investment in low-income housing projects - - - 5,578,667
Other - 923,896 - -
----------------------------------------------------------------------
Total investments - 923,896 - 22,352,272
----------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - - 2,544 4,448,402
Accounts receivable - customers - - 2,084 611,774
Accounts receivable - other - - - 1,815,636
Current notes receivable - - - 1,501,116
Allowance for doubtful accounts (A/R customers) - - - (38,072)
Allowance for doubtful accounts (A/R other) - - - (136,717)
Allowance for doubtful accounts (notes) - - - -
Intercompany receivables (accounts,notes,dividends,etc.) - - - 152,519
Loan to money pools - - - 3,400,120
Income taxes receivable - 442,317 - 2,578,602
Materials and supplies, at average cost - - - -
Restricted cash - - - 1,627,196
Prepayments and other - - 479 144,504
----------------------------------------------------------------------
Total current assets - 442,317 5,107 16,105,080
----------------------------------------------------------------------
Other Assets:
Non-current notes receivable - - - 4,039,204
Restricted cash - - 3,135 5,232,783
Unamortized debt expenses - - - -
Deferred charges and other - - 14,260 3,571,320
----------------------------------------------------------------------
Total other assets - - 17,395 12,843,307
----------------------------------------------------------------------
----------------------------------------------------------------------
Total Assets $- $1,366,213 $2,116,123 $139,345,857
======================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consoldiated
Alliant Alliant
Energy Energy
Investments, Inc. Subtotal Eliminations Investments, Inc.
---------------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Rental property $133,374,856 $- $133,374,856
Less - Accumulated depreciation - (27,863,427) (27,863,427)
Other (300,781) 20,437,114 (248,604) 20,188,510
Less - Accumulated depreciation - (6,029,321) (6,029,321)
---------------------------------------------------------------------
Total property, plant and equipment (300,781) 119,919,222 (248,604) 119,670,618
---------------------------------------------------------------------
Investments:
Consolidated subsidiaries 50,609,053 50,609,053 (50,609,053) -
Investment in foreign entities - 481,141 481,141
Investment in McLeodUSA Inc. 1,107,016,598 1,123,790,203 1,123,790,203
Investment in low-income housing projects 2,531,008 8,109,675 8,109,675
Other 771,157 5,528,707 (751,714) 4,776,993
---------------------------------------------------------------------
Total investments 1,160,927,816 1,188,518,779 (51,360,767) 1,137,158,012
---------------------------------------------------------------------
Current Assets:
Cash and cash equivalents - 6,857,905 6,857,905
Accounts receivable - customers - 766,224 766,224
Accounts receivable - other - 1,985,195 1,985,195
Current notes receivable - 2,818,812 2,818,812
Allowance for doubtful accounts (A/R customers) - (39,292) (39,292)
Allowance for doubtful accounts (A/R other) - (136,717) (136,717)
Allowance for doubtful accounts (notes) - (153,163) (153,163)
Intercompany receivables (accounts,notes,dividends,etc.) 3,254,861 3,940,101 (3,254,861) 685,240
Loan to money pools - 3,400,120 3,400,120
Income taxes receivable - 3,965,573 3,965,573
Materials and supplies, at average cost - 79,930 79,930
Restricted cash - 1,627,196 1,627,196
Prepayments and other - 325,410 325,410
---------------------------------------------------------------------
Total current assets 3,254,861 25,437,294 (3,254,861) 22,182,433
---------------------------------------------------------------------
Other Assets:
Non-current notes receivable - 8,436,433 8,436,433
Restricted cash - 5,245,820 5,245,820
Unamortized debt expenses - 9,524 9,524
Deferred charges and other - 3,646,777 3,646,777
---------------------------------------------------------------------
Total other assets - 17,338,554 - 17,338,554
---------------------------------------------------------------------
---------------------------------------------------------------------
Total Assets $1,163,881,896 $1,351,213,849 ($54,864,232) $1,296,349,617
=====================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated Consolidated Consolidated
2001 Iowa Land Village Alliant
Development and Building Lakeshares Energy
Corporation Company Inc. Investco, Inc.
---------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $8,250,000 $2,804,496 $5,984,307 $1,000
Retained earnings (434,039) 1,231,763 (4,009,519) 510,651
Other comprehensive income:
Unrealized security gains (FAS 115) - - - -
---------------------------------------------------------------
Total common equity 7,815,961 4,036,259 1,974,788 511,651
---------------------------------------------------------------
Long-term debt (excluding current portion) 9,130,955 - 34,202 -
---------------------------------------------------------------
Total capitalization 16,946,916 4,036,259 2,008,990 511,651
---------------------------------------------------------------
Current Liabilities:
Current maturities & sink. funds of long-term debt & pref. stock 381,520 - 9,912 -
Borrowings from money pools - 6,089,724 6,377,464 910,409
Accounts payable 79,474 77,660 48,761 -
Intercompany payables (accounts, notes, dividends, etc.) 3,258,134 108,533 - -
Accrued payroll and vacations - - 85,401 -
Accrued interest 8,221 - - -
Accrued income taxes - - - 32,072
Accrued other taxes (property, payroll, etc.) 383,672 80,147 100,353 -
Other current liabilities 7,250 - 62,579 -
---------------------------------------------------------------
Total current liabilities 4,118,271 6,356,064 6,684,470 942,481
---------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes - 1,249,798 441,025 33,992
Environmental liabilities - 70,000 - -
Minority interest (95,302) 314,954 751,714 -
Other - 132,477 - -
---------------------------------------------------------------
Total long-term liabilities (95,302) 1,767,229 1,192,739 33,992
---------------------------------------------------------------
---------------------------------------------------------------
Total Liabilities and Capitalization $20,969,885 $12,159,552 $9,886,199 $1,488,124
===============================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Sawyer Heartland Atlantic-
Finance Energy Sundance Heartland
Limited Services, Inc. Apartments, L.P. Properties, Inc.
---------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $- $7,140,958 $1,149,662 $35,255,559
Retained earnings - (7,055,667) (235,121) 3,641,280
Other comprehensive income:
Unrealized security gains (FAS 115) - - - 9,973,297
---------------------------------------------------------------
Total common equity - 85,291 914,541 48,870,136
---------------------------------------------------------------
Long-term debt (excluding current portion) - - 1,147,594 67,933,210
---------------------------------------------------------------
Total capitalization - 85,291 2,062,135 116,803,346
---------------------------------------------------------------
Current Liabilities:
Current maturities & sink. funds of long-term debt & pref. stock - - - 1,332,328
Borrowings from money pools - 1,615,652 - -
Accounts payable - - 14,746 -
Intercompany payables (accounts, notes, dividends, etc.) - 733 - 567,783
Accrued payroll and vacations - - - 377,104
Accrued interest - - - 1,733,516
Accrued income taxes - - - -
Accrued other taxes (property, payroll, etc.) - - - -
Other current liabilities - - 39,242 2,937,302
---------------------------------------------------------------
Total current liabilities - 1,616,385 53,988 6,948,033
---------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes - (335,463) - 10,618,689
Environmental liabilities - - - -
Minority interest - - - 826,459
Other - - - 4,149,330
---------------------------------------------------------------
Total long-term liabilities - (335,463) - 15,594,478
---------------------------------------------------------------
---------------------------------------------------------------
Total Liabilities and Capitalization $- $1,366,213 $2,116,123 $139,345,857
===============================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.19 (Continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consoldiated
Alliant Alliant
Energy Energy
Investments, Inc. Subtotal Eliminations Investments, Inc.
---------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $65,740,753 $126,326,735 ($60,585,982) $65,740,753
Retained earnings (9,209,801) (15,560,453) 6,102,048 (9,458,405)
Other comprehensive income:
Unrealized security gains (FAS 115) 630,309,129 640,282,426 640,282,426
----------------------------------------------------------------
Total common equity 686,840,081 751,048,708 (54,483,934) 696,564,774
----------------------------------------------------------------
Long-term debt (excluding current portion) - 78,245,961 78,245,961
----------------------------------------------------------------
Total capitalization 686,840,081 829,294,669 (54,483,934) 774,810,735
----------------------------------------------------------------
Current Liabilities:
Current maturities & sink. funds of long-term debt & pref. stock - 1,723,760 1,723,760
Borrowings from money pools 25,604,257 40,597,506 40,597,506
Accounts payable - 220,641 220,641
Intercompany payables (accounts, notes, dividends, etc.) 44,709 3,979,892 (3,254,861) 725,031
Accrued payroll and vacations - 462,505 462,505
Accrued interest - 1,741,737 1,741,737
Accrued income taxes 1,507,639 1,539,711 1,539,711
Accrued other taxes (property, payroll, etc.) - 564,172 564,172
Other current liabilities 93,501 3,139,874 3,139,874
----------------------------------------------------------------
Total current liabilities 27,250,106 53,969,798 (3,254,861) 50,714,937
----------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 449,791,709 461,799,750 461,799,750
Environmental liabilities - 70,000 70,000
Minority interest - 1,797,825 2,874,563 4,672,388
Other - 4,281,807 4,281,807
----------------------------------------------------------------
Total long-term liabilities 449,791,709 467,949,382 2,874,563 470,823,945
----------------------------------------------------------------
----------------------------------------------------------------
Total Liabilities and Capitalization $1,163,881,896 $1,351,213,849 ($54,864,232) $1,296,349,617
================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.20
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated
2001 Iowa Land Village Alliant
Development and Building Lakeshares Energy
Corporation Company Inc. Investco, Inc.
--------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $203,187 $356,157 ($159,490) ($183,098)
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 676,288 378,932 568,572 -
Deferred taxes and investment tax credits - 41,035 441,025 105,124
(Gain)/loss on disposition of assets (191,238) (304,141) - 265,969
Other 214,334 - 1,112,315 -
Other changes in assets and liabilities:
Accounts receivable 9,005 (84,547) 48,731 -
Notes receivable - 12,386 33,095 -
Materials and supplies, at average cost - - (8,074) -
Accounts payable (30,406) (219,756) (3,932) -
Accrued taxes 14,200 2,011 41,646 32,072
Other (58,200) (60,886) (953,169) 167,974
-------------------------------------------------------------
Net cash flows from (used for) operating activities 837,170 121,191 1,120,719 388,041
-------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends - - - -
Proceeds from issuance of long-term debt - - 51,756 -
Reductions of long-term debt (1,815,292) - (7,710) -
Net change in borrowings from / (loans to) money pools - (232,484) (605,793) (471,434)
Other - (1) - -
-------------------------------------------------------------
Net cash flows from (used for) financing activities (1,815,292) (232,485) (561,747) (471,434)
-------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (364,598) (320,075) (552,203) (11,287)
Proceeds from the disposition of assets 2,058,927 466,627 - 94,680
Other 8,460 2 3 -
-------------------------------------------------------------
Net cash flows from (used for) investing activities 1,702,789 146,554 (552,200) 83,393
-------------------------------------------------------------
-------------------------------------------------------------
Net increase in cash and temporary cash investments 724,667 35,260 6,772 -
-------------------------------------------------------------
Cash and temporary cash investments at beginning of period 1,309,542 (36,500) 367,218 -
-------------------------------------------------------------
Cash and temporary cash investments at end of period $2,034,209 ($1,240) $373,990 $-
=============================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.20 (continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Sawyer Heartland Atlantic-
Finance Energy Sundance Heartland
Limited Services, Inc. Apartments, L.P. Properties, Inc.
------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $706,764 ($120,614) ($235,121) $30,482,684
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization - - 72,802 3,343,736
Deferred taxes and investment tax credits - 120,921 - -
(Gain)/loss on disposition of assets - - - (40,649,867)
Other 9,100,664 159,437 - (3,819,230)
Other changes in assets and liabilities:
Accounts receivable - - (2,084) 745,668
Notes receivable - - - 72,809
Materials and supplies, at average cost - - - -
Accounts payable (951) 733 14,746 (1,154,338)
Accrued taxes - - - (57,985)
Other 7,342 (898,701) 21,368 (1,848,605)
------------------------------------------------------------
Net cash flows from (used for) operating activities 9,813,819 (738,224) (128,289) (12,885,128)
------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (2,830,814) (6,935,053) - (34,158,790)
Proceeds from issuance of long-term debt - - 1,179,747 19,080,000
Reductions of long-term debt - - (32,153) (28,169,847)
Net change in borrowings from / (loans to) money pools - 1,615,652 - (2,269,340)
Other (9,258,095) 7,140,958 1,149,662 5,685,714
------------------------------------------------------------
Net cash flows from (used for) financing activities (12,088,909) 1,821,557 2,297,256 (39,832,263)
------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures - (1,083,333) (2,624) (1,399,516)
Proceeds from the disposition of assets - - - 50,041,934
Other 2,275,090 - (2,163,799) 4,997,064
------------------------------------------------------------
Net cash flows from (used for) investing activities 2,275,090 (1,083,333) (2,166,423) 53,639,482
------------------------------------------------------------
------------------------------------------------------------
Net increase in cash and temporary cash investments - - 2,544 922,091
------------------------------------------------------------
Cash and temporary cash investments at beginning of period - - - 3,526,311
------------------------------------------------------------
Cash and temporary cash investments at end of period $- $- $2,544 $4,448,402
============================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.20 (continued)
ALLIANT ENERGY INVESTMENTS, INC
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consoldiated
Alliant Alliant
Energy Energy
Investments, Inc. Subtotal Eliminations Investments, Inc.
------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $29,266,848 $60,317,317 ($31,050,469) $29,266,848
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization - 5,040,330 5,040,330
Deferred taxes and investment tax credits 194,766 902,871 - 902,871
(Gain)/loss on disposition of assets - (40,879,277) (40,879,277)
Other 810,157 7,577,677 (293,803) 7,283,874
Other changes in assets and liabilities:
Accounts receivable 37,792 754,565 (37,792) 716,773
Notes receivable - 118,290 - 118,290
Materials and supplies, at average cost - (8,074) (8,074)
Accounts payable 44,709 (1,349,195) 37,792 (1,311,403)
Accrued taxes 608,202 640,146 - 640,146
Other 682,152 (2,940,725) 398,709 (2,542,016)
------------------------------------------------------------------
Net cash flows from (used for) operating activities 31,644,626 30,173,925 (30,945,563) (771,638)
------------------------------------------------------------------
Cash flows from (used for) financing activities:
Common stock dividends (46,247,699) (90,172,356) 43,924,657 (46,247,699)
Proceeds from issuance of long-term debt - 20,311,503 20,311,503
Reductions of long-term debt - (30,025,002) (30,025,002)
Net change in borrowings from / (loans to) money pools 690,321 (1,273,078) (1,273,078)
Other 5,205,905 9,924,143 (4,718,238) 5,205,905
------------------------------------------------------------------
Net cash flows from (used for) financing activities (40,351,473) (91,234,790) 39,206,419 (52,028,371)
------------------------------------------------------------------
Cash flows from (used for) investing activities:
Construction and acquisition expenditures (1,385,992) (5,119,628) (5,119,628)
Proceeds from the disposition of assets - 52,662,168 52,662,168
Other 10,092,839 15,209,659 (8,260,856) 6,948,803
------------------------------------------------------------------
Net cash flows from (used for) investing activities 8,706,847 62,752,199 (8,260,856) 54,491,343
------------------------------------------------------------------
------------------------------------------------------------------
Net increase in cash and temporary cash investments - 1,691,334 - 1,691,334
------------------------------------------------------------------
Cash and temporary cash investments at beginning of period - 5,166,571 5,166,571
------------------------------------------------------------------
Cash and temporary cash investments at end of period $- $6,857,905 $- $6,857,905
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.21
ALLIANT ENERGY INVESTMENTS, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated Consolidated Consolidated
2001 Iowa Land Village Alliant
Development and Building Lakeshares Energy
Corporation Company Inc. Investco, Inc.
----------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 ($645,686) $875,606 ($3,850,029) $693,749
Net income (loss) 211,647 356,157 (159,490) (183,098)
Cash dividends declared on common stock - - - -
Cash dividends declared on preferred stock - - - -
----------------------------------------------------------------------------
Balance at December 31, 1999 ($434,039) $1,231,763 ($4,009,519) $510,651
============================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.21 (Continued)
ALLIANT ENERGY INVESTMENTS, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Sawyer Heartland Atlantic-
Finance Energy Sundance Heartland
Limited Services, Inc. Apartments, L.P. Properties, Inc.
----------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 $2,124,050 $- $- $7,317,386
Net income (loss) 706,764 (120,614) (235,121) 30,482,684
Cash dividends declared on common stock (2,830,814) (6,935,053) - (34,158,790)
Cash dividends declared on preferred stock - - - -
----------------------------------------------------------------------------
Balance at December 31, 1999 $- ($7,055,667) ($235,121) $3,641,280
============================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.21 (Continued)
ALLIANT ENERGY INVESTMENTS, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consoldiated
Alliant Alliant
Energy Energy
Investments, Inc. Subtotal Eliminations Investments, Inc.
----------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 $7,771,050 $14,286,126 ($6,763,679) $7,522,447
Net income (loss) 29,266,848 60,325,777 (31,058,930) 29,266,847
Cash dividends declared on common stock (46,247,699) (90,172,356) 43,924,657 (46,247,699)
Cash dividends declared on preferred stock - - -
----------------------------------------------------------------------------
Balance at December 31, 1999 ($9,209,801) ($15,560,453) $6,102,048 ($9,458,405)
============================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.22
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Cedar Rapids
& Iowa
City Railway IEI Barge Transfer Williams Bulk
Company Services, Inc. Services, Inc. Transfer Inc.
------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
Professional fees, rents and other $18,748,574 $2,457,341 $391,585 $77,615
------------------------------------------------------------------------
Total operating revenues 18,748,574 2,457,341 391,585 77,615
------------------------------------------------------------------------
Operating Expenses:
Other operating 6,654,392 984,866 285,600 79,064
Maintenance 1,703,797 132,583 12,089 3,772
Depreciation and amortization 1,422,124 473,914 17,542 15,647
Miscellaneous taxes other than income taxes 1,421,784 142,944 - 47
------------------------------------------------------------------------
Total operating expenses 11,202,097 1,734,307 315,231 98,530
------------------------------------------------------------------------
------------------------------------------------------------------------
Operating Income (Loss) 7,546,477 723,034 76,354 (20,915)
------------------------------------------------------------------------
Interest Expense and Other:
Interest expense 6,134 174 - (26,916)
Interest expense - intercompany 750,381 501,875 - 45,817
Interest income - intercompany - (56,838) (82,182) -
Income from consolidated subsidiaries - - - -
Minority interest of loss - - - -
Other income - net (1,091,108) - (9,983) -
------------------------------------------------------------------------
Total interest expense and other (334,593) 445,211 (92,165) 18,901
------------------------------------------------------------------------
------------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 7,881,070 277,823 168,519 (39,816)
------------------------------------------------------------------------
Income Taxes:
Current - Federal 2,272,465 - 67,926 (43,304)
- State 634,684 - (13,018) (13,916)
Deferred - Federal 205,023 - 666 34,260
- State 38,485 - 796 6,431
------------------------------------------------------------------------
Total income taxes 3,150,657 - 56,370 (16,529)
------------------------------------------------------------------------
------------------------------------------------------------------------
Net Income / (Loss) $4,730,413 $277,823 $112,149 ($23,287)
========================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.22 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF INCOME (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
Transporation, Transporation,
Inc. Subtotal Eliminations Inc.
---------------------------------------------------------------------
<S> <C> <C> <C> <C>
Operating Revenues:
Professional fees, rents and other $- $21,675,115 $- $21,675,115
---------------------------------------------------------------------
Total operating revenues - 21,675,115 - 21,675,115
---------------------------------------------------------------------
Operating Expenses:
Other operating - 8,003,922 - 8,003,922
Maintenance - 1,852,241 1,852,241
Depreciation and amortization - 1,929,227 1,929,227
Miscellaneous taxes other than income taxes - 1,564,775 1,564,775
---------------------------------------------------------------------
Total operating expenses - 13,350,165 - 13,350,165
---------------------------------------------------------------------
---------------------------------------------------------------------
Operating Income (Loss) - 8,324,950 - 8,324,950
---------------------------------------------------------------------
Interest Expense and Other:
Interest expense - (20,608) (20,608)
Interest expense - intercompany 16 1,298,089 1,298,089
Interest income - intercompany (39,434) (178,454) (178,454)
Income from consolidated subsidiaries (5,028,199) (5,028,199) 5,028,199 -
Minority interest of loss - - 68,900 68,900
Other income - net (32,014) (1,133,105) (1,133,105)
---------------------------------------------------------------------
Total interest expense and other (5,099,631) (5,062,277) 5,097,099 34,822
---------------------------------------------------------------------
---------------------------------------------------------------------
Income (Loss) Before Income Taxes and Preferred Dividends 5,099,631 13,387,227 (5,097,099) 8,290,128
---------------------------------------------------------------------
Income Taxes:
Current - Federal 31,319 2,328,406 2,328,406
- State 9,991 617,741 617,741
Deferred - Federal 58,919 298,868 298,868
- State 11,060 56,772 56,772
---------------------------------------------------------------------
Total income taxes 111,289 3,301,787 - 3,301,787
---------------------------------------------------------------------
---------------------------------------------------------------------
Net Income / (Loss) $4,988,342 $10,085,440 ($5,097,099) $4,988,341
=====================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.23
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING BALANCE SHEETS
AS OF DECEMBER 31, 1999
Cedar Rapids
& Iowa
City Railway IEI Barge Transfer Williams Bulk
Company Services, Inc. Services, Inc. Transfer Inc.
-----------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Other $46,597,349 $12,065,431 $117,034 $2,210,079
Less - Accumulated depreciation (12,162,825) (4,627,326) (54,295) (15,647)
-----------------------------------------------------------------
Total other property, plant and equipment, net 34,434,524 7,438,105 62,739 2,194,432
-----------------------------------------------------------------
Total property, plant and equipment 34,434,524 7,438,105 62,739 2,194,432
-----------------------------------------------------------------
Investments:
Consolidated subsidiaries - - - -
-----------------------------------------------------------------
Total investments - - - -
-----------------------------------------------------------------
Current Assets:
Cash and cash equivalents (55,637) 153,174 (691) (4,765)
Accounts receivable - customers 4,186,890 647,234 84,553 77,615
Intercompany receivables (accounts,notes,dividends,taxes,etc.) 176,233 - - -
Income taxes receivable - - - 51,628
Materials and supplies, at average cost 1,076,750 1,597 - -
Prepayments and other 6,207 62,929 377 -
-----------------------------------------------------------------
Total current assets 5,390,443 864,934 84,239 124,478
-----------------------------------------------------------------
Other Assets:
Deferred charges and other 69,612 - - -
-----------------------------------------------------------------
Total other assets 69,612 - - -
-----------------------------------------------------------------
-----------------------------------------------------------------
Total Assets $39,894,579 $8,303,039 $146,978 $2,318,910
=================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.23 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
Transporation, Transporation,
Inc. Subtotal Eliminations Inc.
-----------------------------------------------------------------
<S> <C> <C> <C> <C>
ASSETS:
Property, Plant and Equipment:
Other $- $60,989,893 $84,187 $61,074,080
Less - Accumulated depreciation - (16,860,093) (16,860,093)
-----------------------------------------------------------------
Total other property, plant and equipment, net - 44,129,800 84,187 44,213,987
-----------------------------------------------------------------
Total property, plant and equipment - 44,129,800 84,187 44,213,987
-----------------------------------------------------------------
Investments:
Consolidated subsidiaries 30,663,929 30,663,929 (30,663,929) -
-----------------------------------------------------------------
Total investments 30,663,929 30,663,929 (30,663,929) -
-----------------------------------------------------------------
Current Assets:
Cash and cash equivalents - 92,081 92,081
Accounts receivable - customers - 4,996,292 4,996,292
Intercompany receivables (accounts,notes,dividends,taxes,etc.) 69,006 245,239 (69,502) 175,737
Income taxes receivable - 51,628 51,628
Materials and supplies, at average cost - 1,078,347 1,078,347
Prepayments and other - 69,513 69,513
-----------------------------------------------------------------
Total current assets 69,006 6,533,100 (69,502) 6,463,598
-----------------------------------------------------------------
Other Assets:
Deferred charges and other - 69,612 69,612
-----------------------------------------------------------------
Total other assets - 69,612 - 69,612
-----------------------------------------------------------------
-----------------------------------------------------------------
Total Assets $30,732,935 $81,396,441 ($30,649,244) $50,747,197
=================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.23 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Cedar Rapids
& Iowa
City Railway IEI Barge Transfer Williams Bulk
Company Services, Inc. Services, Inc. Transfer Inc.
------------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $9,625,158 $2,466,800 $385,115 $1,000
Retained earnings 17,403,229 747,899 771,073 (23,287)
------------------------------------------------------------------
Total capitalization 27,028,387 3,214,699 1,156,188 (22,287)
------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools - 4,853,418 (1,066,240) 2,252,416
Accounts payable 2,325,396 54,158 10,221 28,231
Intercompany payables (accounts,notes,dividends,taxes,etc.) 119,751 37,524 16,149 19,846
Accrued payroll and vacations 251,682 8,358 - -
Accrued income taxes 168,182 - 9,890 -
Accrued other taxes (property, payroll, etc.) 790,979 104,192 - 13
Environmental liabilities 16,012 - - -
Other current liabilities 331,538 30,690 15,000 -
------------------------------------------------------------------
Total current liabilities 4,003,540 5,088,340 (1,014,980) 2,300,506
------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes 6,357,055 - 5,770 40,691
Pension and other benefit obligations 2,455,597 - - -
Environmental liabilities 50,000 - - -
Minority interest - - - -
------------------------------------------------------------------
Total long-term liabilities 8,862,652 - 5,770 40,691
------------------------------------------------------------------
------------------------------------------------------------------
Total Liabilities and Capitalization $39,894,579 $8,303,039 $146,978 $2,318,910
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.23 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING BALANCE SHEETS (Continued)
AS OF DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
Transporation, Transporation,
Inc. Subtotal Eliminations Inc.
------------------------------------------------------------------
<S> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES:
Capitalization:
Common stock and additional paid-in capital $7,836,956 $20,315,029 ($12,478,073) $7,836,956
Retained earnings 13,861,937 32,760,851 (18,898,914) 13,861,937
------------------------------------------------------------------
Total capitalization 21,698,893 53,075,880 (31,376,987) 21,698,893
------------------------------------------------------------------
Current Liabilities:
Borrowings from money pools 8,948,067 14,987,661 14,987,661
Accounts payable - 2,418,006 2,418,006
Intercompany payables (accounts,notes,dividends,taxes,etc.) 65,579 258,849 (69,502) 189,347
Accrued payroll and vacations - 260,040 260,040
Accrued income taxes 20,396 198,468 198,468
Accrued other taxes (property, payroll, etc.) - 895,184 895,184
Environmental liabilities - 16,012 16,012
Other current liabilities - 377,228 377,228
------------------------------------------------------------------
Total current liabilities 9,034,042 19,411,448 (69,502) 19,341,946
------------------------------------------------------------------
Deferred Credits and Other Non-current Liabilities:
Accumulated deferred income taxes - 6,403,516 6,403,516
Pension and other benefit obligations - 2,455,597 2,455,597
Environmental liabilities - 50,000 50,000
Minority interest - - 797,245 797,245
------------------------------------------------------------------
Total long-term liabilities - 8,909,113 797,245 9,706,358
------------------------------------------------------------------
------------------------------------------------------------------
Total Liabilities and Capitalization $30,732,935 $81,396,441 ($30,649,244) $50,747,197
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.24
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 1999
Cedar Rapids
& Iowa
City Railway IEI Barge Transfer Williams Bulk
Company Services, Inc. Services, Inc. Transfer Inc.
------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $4,730,413 $277,823 $112,149 ($23,287)
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization 1,422,124 473,914 17,542 15,647
Deferred taxes and investment tax credits 243,508 - 1,462 40,691
Gain on disposition of assets (1,096,251) - (9,983) -
Other changes in assets and liabilities:
Accounts receivable (1,200,066) (141,732) (9,246) (77,615)
Materials and supplies, at average cost (102,393) 452 - -
Accounts payable 753,466 (8,810) (27,271) 48,077
Accrued taxes (547,915) 9,140 (586,149) 13
Other 225,665 (454,076) (4,625) (51,628)
------------------------------------------------------------------
Net cash flows from (used for) operating activities 4,428,551 156,711 (506,121) (48,102)
------------------------------------------------------------------
Cash flows from (used for) financing activities:
Net change in borrowings from / (loans to) money pools (12,842,059) (12,854) 524,245 2,252,416
Other 9,125,158 - - 1,000
------------------------------------------------------------------
Net cash flows from (used for) financing activities (3,716,901) (12,854) 524,245 2,253,416
------------------------------------------------------------------
Cash flows used for investing activities:
Construction and acquisition expenditures (1,895,081) (299,063) (26,953) (2,210,079)
Proceeds from the disposition of assets 1,171,085 7,727 10,346 -
Other 2,973 (1) - -
------------------------------------------------------------------
Net cash flows used for investing activities (721,023) (291,337) (16,607) (2,210,079)
------------------------------------------------------------------
------------------------------------------------------------------
Net increase (decrease) in cash and temp. cash investments (9,373) (147,480) 1,517 (4,765)
------------------------------------------------------------------
Cash and temporary cash investments at beginning of period (46,264) 300,654 (2,208) -
------------------------------------------------------------------
Cash and temporary cash investments at end of period ($55,637) $153,174 ($691) ($4,765)
==================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.24 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF CASH FLOWS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
Transporation, Transporation,
Inc. Subtotal Eliminations Inc.
-------------------------------------------------------------------
<S> <C> <C> <C> <C>
Cash flows from (used for) operating activities:
Net income (loss) $4,988,342 $10,085,440 ($5,097,098) $4,988,342
Adjustments to reconcile net income (loss) to net cash flows
from operating activities:
Depreciation and amortization - 1,929,227 1,929,227
Deferred taxes and investment tax credits 69,979 355,640 - 355,640
Gain on disposition of assets (102,171) (1,208,405) (1,208,405)
Other changes in assets and liabilities:
Accounts receivable (12,299) (1,440,958) 5,492 (1,435,466)
Materials and supplies, at average cost - (101,941) (101,941)
Accounts payable 8,872 774,334 (5,492) 768,842
Accrued taxes 20,098 (1,104,813) - (1,104,813)
Other 8,074 (276,590) 68,900 (207,690)
-------------------------------------------------------------------
Net cash flows from (used for) operating activities 4,980,895 9,011,934 (5,028,198) 3,983,736
-------------------------------------------------------------------
Cash flows from (used for) financing activities:
Net change in borrowings from / (loans to) money pools 8,953,894 (1,124,358) (1,124,358)
Other - 9,126,158 (9,126,158) -
-------------------------------------------------------------------
Net cash flows from (used for) financing activities 8,953,894 8,001,800 (9,126,158) (1,124,358)
-------------------------------------------------------------------
Cash flows used for investing activities:
Construction and acquisition expenditures - (4,431,176) (4,431,176)
Proceeds from the disposition of assets 191,512 1,380,670 1,380,670
Other (14,126,301) (14,123,329) 14,154,356 31,027
-------------------------------------------------------------------
Net cash flows used for investing activities (13,934,789) (17,173,835) 14,154,356 (3,019,479)
-------------------------------------------------------------------
-------------------------------------------------------------------
Net increase (decrease) in cash and temp. cash investments - (160,101) - (160,101)
-------------------------------------------------------------------
Cash and temporary cash investments at beginning of period - 252,182 252,182
-------------------------------------------------------------------
Cash and temporary cash investments at end of period $- $92,081 $- $92,081
===================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Exhibit F.25
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Cedar Rapids
& Iowa
City Railway IEI Barge Transfer Williams Bulk
Company Services, Inc. Services, Inc. Transfer Inc.
------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 $12,672,816 $470,076 $658,924 $-
Net income (loss) 4,730,413 277,823 112,149 (23,287)
Cash dividends declared on common stock - - - -
Cash dividends declared on preferred stock - - - -
------------------------------------------------------------------------------
Balance at December 31, 1999 $17,403,229 $747,899 $771,073 ($23,287)
==============================================================================
</TABLE>
<TABLE>
<CAPTION>
Exhibit F.25 (Continued)
ALLIANT ENERGY TRANSPORTATION, INC.
CONSOLIDATING STATEMENT OF RETAINED EARNINGS (Continued)
FOR THE YEAR ENDED DECEMBER 31, 1999
Consolidated
Alliant Alliant
Energy Energy
Transporation, Transporation,
Inc. Subtotal Eliminations Inc.
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Balance at January 1, 1999 $8,873,595 $22,675,411 ($13,801,815) $8,873,596
Net income (loss) 4,988,342 10,085,440 (5,097,099) 4,988,341
Cash dividends declared on common stock - - - -
Cash dividends declared on preferred stock - - -
--------------------------------------------------------------------------------
Balance at December 31, 1999 $13,861,937 $32,760,851 ($18,898,914) $13,861,937
================================================================================
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Corporation and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY CORPORATION - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 3,128,276
<OTHER-PROPERTY-AND-INVEST> 2,010,727
<TOTAL-CURRENT-ASSETS> 485,986
<TOTAL-DEFERRED-CHARGES> 187,084
<OTHER-ASSETS> 263,610
<TOTAL-ASSETS> 6,075,683
<COMMON> 790
<CAPITAL-SURPLUS-PAID-IN> 942,408
<RETAINED-EARNINGS> 1,212,367 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 2,155,565
24,536
89,102
<LONG-TERM-DEBT-NET> 1,486,765
<SHORT-TERM-NOTES> 50,046
<LONG-TERM-NOTES-PAYABLE> 55,100
<COMMERCIAL-PAPER-OBLIGATIONS> 374,673
<LONG-TERM-DEBT-CURRENT-PORT> 54,795
0
<CAPITAL-LEASE-OBLIGATIONS> 26,041
<LEASES-CURRENT> 13,321
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,745,739
<TOT-CAPITALIZATION-AND-LIAB> 6,075,683
<GROSS-OPERATING-REVENUE> 2,197,963
<INCOME-TAX-EXPENSE> 120,486 <F2>
<OTHER-OPERATING-EXPENSES> 1,821,428
<TOTAL-OPERATING-EXPENSES> 1,821,428 <F2>
<OPERATING-INCOME-LOSS> 376,535
<OTHER-INCOME-NET> 83,467
<INCOME-BEFORE-INTEREST-EXPEN> 460,002
<TOTAL-INTEREST-EXPENSE> 136,229
<NET-INCOME> 203,287
6,706
<EARNINGS-AVAILABLE-FOR-COMM> 196,581
<COMMON-STOCK-DIVIDENDS> 156,489
<TOTAL-INTEREST-ON-BONDS> 112,196
<CASH-FLOW-OPERATIONS> 423,129
<EPS-BASIC> 2.51
<EPS-DILUTED> 2.51
<FN>
<F1> Includes $634,903 of Accumulated Other Comprehensive Income.
<F2> Income tax expense is not included in Operating Expense in the Consolidated
Statements of Income.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of IES Utilities Inc. and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000052485
<NAME> IES UTILITIES INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,377,298
<OTHER-PROPERTY-AND-INVEST> 116,656
<TOTAL-CURRENT-ASSETS> 125,502
<TOTAL-DEFERRED-CHARGES> 13,321
<OTHER-ASSETS> 123,031
<TOTAL-ASSETS> 1,755,808
<COMMON> 33,427
<CAPITAL-SURPLUS-PAID-IN> 279,042
<RETAINED-EARNINGS> 252,953
<TOTAL-COMMON-STOCKHOLDERS-EQ> 565,422
0
18,320
<LONG-TERM-DEBT-NET> 551,079
<SHORT-TERM-NOTES> 56,946
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 51,196
0
<CAPITAL-LEASE-OBLIGATIONS> 25,977
<LEASES-CURRENT> 13,307
<OTHER-ITEMS-CAPITAL-AND-LIAB> 473,561
<TOT-CAPITALIZATION-AND-LIAB> 1,755,808
<GROSS-OPERATING-REVENUE> 800,696
<INCOME-TAX-EXPENSE> 49,385 <F1>
<OTHER-OPERATING-EXPENSES> 639,197
<TOTAL-OPERATING-EXPENSES> 639,197 <F1>
<OPERATING-INCOME-LOSS> 161,499
<OTHER-INCOME-NET> 6,184
<INCOME-BEFORE-INTEREST-EXPEN> 167,683
<TOTAL-INTEREST-EXPENSE> 51,852
<NET-INCOME> 66,446
914
<EARNINGS-AVAILABLE-FOR-COMM> 65,532
<COMMON-STOCK-DIVIDENDS> 87,951
<TOTAL-INTEREST-ON-BONDS> 42,873
<CASH-FLOW-OPERATIONS> 161,703
<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 Alliant Energy Corporation.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Interstate Power Company and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> INTERSTATE POWER COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 509,348
<OTHER-PROPERTY-AND-INVEST> 6,844
<TOTAL-CURRENT-ASSETS> 81,103
<TOTAL-DEFERRED-CHARGES> 6,472
<OTHER-ASSETS> 58,417
<TOTAL-ASSETS> 662,184
<COMMON> 34,221
<CAPITAL-SURPLUS-PAID-IN> 108,748
<RETAINED-EARNINGS> 81,548
<TOTAL-COMMON-STOCKHOLDERS-EQ> 224,517
24,536
10,819
<LONG-TERM-DEBT-NET> 170,313
<SHORT-TERM-NOTES> 39,198
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 65
<LEASES-CURRENT> 14
<OTHER-ITEMS-CAPITAL-AND-LIAB> 192,722
<TOT-CAPITALIZATION-AND-LIAB> 662,184
<GROSS-OPERATING-REVENUE> 342,105
<INCOME-TAX-EXPENSE> 19,906 <F1>
<OTHER-OPERATING-EXPENSES> 280,742
<TOTAL-OPERATING-EXPENSES> 280,742 <F1>
<OPERATING-INCOME-LOSS> 61,363
<OTHER-INCOME-NET> 4,510
<INCOME-BEFORE-INTEREST-EXPEN> 65,873
<TOTAL-INTEREST-EXPENSE> 15,121
<NET-INCOME> 30,846
2,481
<EARNINGS-AVAILABLE-FOR-COMM> 28,365
<COMMON-STOCK-DIVIDENDS> 32,559
<TOTAL-INTEREST-ON-BONDS> 12,823
<CASH-FLOW-OPERATIONS> 65,660
<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 Alliant Energy Corporation.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Wisconsin Power and Light Company and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000107832
<NAME> WISCONSIN POWER AND LIGHT COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 1,241,630
<OTHER-PROPERTY-AND-INVEST> 182,082
<TOTAL-CURRENT-ASSETS> 121,532
<TOTAL-DEFERRED-CHARGES> 138,730
<OTHER-ASSETS> 82,161
<TOTAL-ASSETS> 1,766,135
<COMMON> 66,183
<CAPITAL-SURPLUS-PAID-IN> 229,438
<RETAINED-EARNINGS> 303,476
<TOTAL-COMMON-STOCKHOLDERS-EQ> 599,097
0
59,963
<LONG-TERM-DEBT-NET> 414,673
<SHORT-TERM-NOTES> 125,749
<LONG-TERM-NOTES-PAYABLE> 55,100
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 1,875
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 509,678
<TOT-CAPITALIZATION-AND-LIAB> 1,766,135
<GROSS-OPERATING-REVENUE> 752,505
<INCOME-TAX-EXPENSE> 45,758 <F1>
<OTHER-OPERATING-EXPENSES> 597,600
<TOTAL-OPERATING-EXPENSES> 597,600 <F1>
<OPERATING-INCOME-LOSS> 154,905
<OTHER-INCOME-NET> 2,675
<INCOME-BEFORE-INTEREST-EXPEN> 157,580
<TOTAL-INTEREST-EXPENSE> 40,992
<NET-INCOME> 70,830
3,310
<EARNINGS-AVAILABLE-FOR-COMM> 67,520
<COMMON-STOCK-DIVIDENDS> 58,353
<TOTAL-INTEREST-ON-BONDS> 34,150
<CASH-FLOW-OPERATIONS> 162,980
<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 Alliant Energy Corporation.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Corporate Services, Inc. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0001081997
<NAME> ALLIANT ENERGY CORPORATE SERVICES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 949
<TOTAL-CURRENT-ASSETS> 65,415
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 66,364
<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> 0
<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> 66,364
<TOT-CAPITALIZATION-AND-LIAB> 66,364
<GROSS-OPERATING-REVENUE> 242,566
<INCOME-TAX-EXPENSE> 756 <F1>
<OTHER-OPERATING-EXPENSES> 241,501
<TOTAL-OPERATING-EXPENSES> 241,501 <F1>
<OPERATING-INCOME-LOSS> 1,065
<OTHER-INCOME-NET> 4,903
<INCOME-BEFORE-INTEREST-EXPEN> 5,968
<TOTAL-INTEREST-EXPENSE> 5,212
<NET-INCOME> 0
0
<EARNINGS-AVAILABLE-FOR-COMM> 0
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 12,326
<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>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of Alliant Energy
Resources, Inc. and is qualified in its entirety by reference to such
Financial Statements.
</LEGEND>
<CIK> 0001099346
<NAME> ALLIANT ENERGY RESOURCES, INC. - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,687,588
<TOTAL-CURRENT-ASSETS> 132,401
<TOTAL-DEFERRED-CHARGES> 28,560
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,848,549
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 232,508
<RETAINED-EARNINGS> 581,704 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 814,212
0
0
<LONG-TERM-DEBT-NET> 326,700
<SHORT-TERM-NOTES> 79
<LONG-TERM-NOTES-PAYABLE> 46
<COMMERCIAL-PAPER-OBLIGATIONS> 138,848
<LONG-TERM-DEBT-CURRENT-PORT> 1,724
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 566,940
<TOT-CAPITALIZATION-AND-LIAB> 1,848,549
<GROSS-OPERATING-REVENUE> 305,029
<INCOME-TAX-EXPENSE> 6,562 <F2>
<OTHER-OPERATING-EXPENSES> 306,238
<TOTAL-OPERATING-EXPENSES> 306,238 <F2>
<OPERATING-INCOME-LOSS> (1,209)
<OTHER-INCOME-NET> 70,974
<INCOME-BEFORE-INTEREST-EXPEN> 69,765
<TOTAL-INTEREST-EXPENSE> 24,871
<NET-INCOME> 38,332
0
<EARNINGS-AVAILABLE-FOR-COMM> 38,332
<COMMON-STOCK-DIVIDENDS> 8,161
<TOTAL-INTEREST-ON-BONDS> 20,288
<CASH-FLOW-OPERATIONS> 32,561
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $634,903 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> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of Alliant Energy Nuclear,
L.L.C. and is qualified in its entirety by reference to such Financial
Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY NUCLEAR, L.L.C.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 502
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 502
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 1,050
<RETAINED-EARNINGS> (548)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 502
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 502
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 0
<TOTAL-OPERATING-EXPENSES> 0 <F1>
<OPERATING-INCOME-LOSS> 0
<OTHER-INCOME-NET> (548)
<INCOME-BEFORE-INTEREST-EXPEN> (548)
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> (548)
0
<EARNINGS-AVAILABLE-FOR-COMM> (548)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 0
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of WPL Holdings Commodities
Trading L.L.C. (Alliant Energy Corporation) and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> WPL HOLDINGS COMMODITIES TRADING L.L.C. (Alliant Energy)
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 47
<TOTAL-OPERATING-EXPENSES> 47 <F1>
<OPERATING-INCOME-LOSS> (47)
<OTHER-INCOME-NET> (116)
<INCOME-BEFORE-INTEREST-EXPEN> (163)
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> (163)
0
<EARNINGS-AVAILABLE-FOR-COMM> (163)
<COMMON-STOCK-DIVIDENDS> (163)
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (45)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of Alliant Energy
Corporation - Parent and is qualified in its entirety by reference to
such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY CORPORATION - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,585,065
<TOTAL-CURRENT-ASSETS> 251,110
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,836,175
<COMMON> 790
<CAPITAL-SURPLUS-PAID-IN> 942,408
<RETAINED-EARNINGS> 577,568
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,520,766
0
0
<LONG-TERM-DEBT-NET> 24,000
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 50,000
<COMMERCIAL-PAPER-OBLIGATIONS> 235,825
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 5,584
<TOT-CAPITALIZATION-AND-LIAB> 1,836,175
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (1,125)<F1>
<OTHER-OPERATING-EXPENSES> 286
<TOTAL-OPERATING-EXPENSES> 286 <F1>
<OPERATING-INCOME-LOSS> (286)
<OTHER-INCOME-NET> 203,972
<INCOME-BEFORE-INTEREST-EXPEN> 203,686
<TOTAL-INTEREST-EXPENSE> 8,230
<NET-INCOME> 196,581
0
<EARNINGS-AVAILABLE-FOR-COMM> 196,581
<COMMON-STOCK-DIVIDENDS> 156,489
<TOTAL-INTEREST-ON-BONDS> 2,062
<CASH-FLOW-OPERATIONS> 198,525
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of Alliant Energy
Industrial Services, Inc. and is qualified in its entirety by
reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INDUSTRIAL SERVICES, INC. - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 189,391
<TOTAL-CURRENT-ASSETS> 59,157
<TOTAL-DEFERRED-CHARGES> 3,499
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 252,047
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 73,730
<RETAINED-EARNINGS> (3,841)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 69,889
0
0
<LONG-TERM-DEBT-NET> 52
<SHORT-TERM-NOTES> 119,892
<LONG-TERM-NOTES-PAYABLE> 46
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 62,168
<TOT-CAPITALIZATION-AND-LIAB> 252,047
<GROSS-OPERATING-REVENUE> 258,544
<INCOME-TAX-EXPENSE> 1,712 <F1>
<OTHER-OPERATING-EXPENSES> 249,165
<TOTAL-OPERATING-EXPENSES> 249,165 <F1>
<OPERATING-INCOME-LOSS> 9,379
<OTHER-INCOME-NET> 12,920
<INCOME-BEFORE-INTEREST-EXPEN> 22,299
<TOTAL-INTEREST-EXPENSE> 8,839
<NET-INCOME> 11,748
0
<EARNINGS-AVAILABLE-FOR-COMM> 11,748
<COMMON-STOCK-DIVIDENDS> 923
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 41,329
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from
the December 31, 1999 Financial Statements of Alliant Energy
International, Inc. and is qualified in its entirety by reference to
such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INTERNATIONAL, INC. - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 197,593
<TOTAL-CURRENT-ASSETS> 2,067
<TOTAL-DEFERRED-CHARGES> 256
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 199,916
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 30,488
<RETAINED-EARNINGS> (14,035) <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 16,453
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 178,547
<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> 4,916
<TOT-CAPITALIZATION-AND-LIAB> 199,916
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (2,899) <F2>
<OTHER-OPERATING-EXPENSES> 6,992
<TOTAL-OPERATING-EXPENSES> 6,992 <F2>
<OPERATING-INCOME-LOSS> (6,992)
<OTHER-INCOME-NET> 11,822
<INCOME-BEFORE-INTEREST-EXPEN> 4,830
<TOTAL-INTEREST-EXPENSE> 8,091
<NET-INCOME> (362)
0
<EARNINGS-AVAILABLE-FOR-COMM> (362)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (17,573)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes <$5,380> 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Investments, Inc. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INVESTMENTS, INC. - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,256,829
<TOTAL-CURRENT-ASSETS> 22,182
<TOTAL-DEFERRED-CHARGES> 17,339
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,296,350
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 65,741
<RETAINED-EARNINGS> 630,824 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 696,565
0
0
<LONG-TERM-DEBT-NET> 78,246
<SHORT-TERM-NOTES> 40,598
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 1,724
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 479,217
<TOT-CAPITALIZATION-AND-LIAB> 1,296,350
<GROSS-OPERATING-REVENUE> 24,793
<INCOME-TAX-EXPENSE> 7,656 <F2>
<OTHER-OPERATING-EXPENSES> 25,167
<TOTAL-OPERATING-EXPENSES> 25,167 <F2>
<OPERATING-INCOME-LOSS> (374)
<OTHER-INCOME-NET> 45,588
<INCOME-BEFORE-INTEREST-EXPEN> 45,214
<TOTAL-INTEREST-EXPENSE> 8,291
<NET-INCOME> 29,267
0
<EARNINGS-AVAILABLE-FOR-COMM> 29,267
<COMMON-STOCK-DIVIDENDS> 46,248
<TOTAL-INTEREST-ON-BONDS> 1,851
<CASH-FLOW-OPERATIONS> (772)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $640,282 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Transportation, Inc. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY TRANSPORTATION, INC. - CONSOLIDATED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 44,214
<TOTAL-CURRENT-ASSETS> 6,464
<TOTAL-DEFERRED-CHARGES> 69
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 50,747
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 7,837
<RETAINED-EARNINGS> 13,862
<TOTAL-COMMON-STOCKHOLDERS-EQ> 21,699
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 14,988
<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> 14,060
<TOT-CAPITALIZATION-AND-LIAB> 50,747
<GROSS-OPERATING-REVENUE> 21,675
<INCOME-TAX-EXPENSE> 3,302 <F1>
<OTHER-OPERATING-EXPENSES> 13,350
<TOTAL-OPERATING-EXPENSES> 13,350 <F1>
<OPERATING-INCOME-LOSS> 8,325
<OTHER-INCOME-NET> 1,243
<INCOME-BEFORE-INTEREST-EXPEN> 9,568
<TOTAL-INTEREST-EXPENSE> 1,278
<NET-INCOME> 4,988
0
<EARNINGS-AVAILABLE-FOR-COMM> 4,988
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 3,984
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Capital Square Financial Corporation and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> CAPITAL SQUARE FINANCIAL CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 41
<TOTAL-CURRENT-ASSETS> 7,272
<TOTAL-DEFERRED-CHARGES> 2,778
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 10,091
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 5,725
<RETAINED-EARNINGS> 3,444 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 9,169
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 922
<TOT-CAPITALIZATION-AND-LIAB> 10,091
<GROSS-OPERATING-REVENUE> 894
<INCOME-TAX-EXPENSE> 542 <F2>
<OTHER-OPERATING-EXPENSES> 262
<TOTAL-OPERATING-EXPENSES> 262 <F2>
<OPERATING-INCOME-LOSS> 632
<OTHER-INCOME-NET> 786
<INCOME-BEFORE-INTEREST-EXPEN> 1,418
<TOTAL-INTEREST-EXPENSE> 66
<NET-INCOME> 810
0
<EARNINGS-AVAILABLE-FOR-COMM> 810
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 9,188
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $10 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy do Brasil Limitada and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY DO BRASIL LIMITADA
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 94
<TOTAL-CURRENT-ASSETS> 43
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 137
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 450
<RETAINED-EARNINGS> (323)<F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 127
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 10
<TOT-CAPITALIZATION-AND-LIAB> 137
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F2>
<OTHER-OPERATING-EXPENSES> 312
<TOTAL-OPERATING-EXPENSES> 312 <F2>
<OPERATING-INCOME-LOSS> (312)
<OTHER-INCOME-NET> 0
<INCOME-BEFORE-INTEREST-EXPEN> (312)
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> (312)
0
<EARNINGS-AVAILABLE-FOR-COMM> (312)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (297)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes <$10> 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of WPL Holdings Commodities Trading L.L.C.
(Alliant Energy Resources, Inc.) and is qualified in its entirety by reference
to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> WPL HOLDINGS COMMODITIES TRADING L.L.C.(RESOURCES)
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 11
<TOTAL-OPERATING-EXPENSES> 11 <F1>
<OPERATING-INCOME-LOSS> (11)
<OTHER-INCOME-NET> 5,015
<INCOME-BEFORE-INTEREST-EXPEN> 5,004
<TOTAL-INTEREST-EXPENSE> 1
<NET-INCOME> 5,003
0
<EARNINGS-AVAILABLE-FOR-COMM> 5,003
<COMMON-STOCK-DIVIDENDS> 2,239
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 47
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Resources, Inc. - Parent and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY RESOURCES, INC. - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 178,800
<TOTAL-CURRENT-ASSETS> 391,268
<TOTAL-DEFERRED-CHARGES> 4,626
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 574,694
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 232,508
<RETAINED-EARNINGS> (52,911)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 179,597
0
0
<LONG-TERM-DEBT-NET> 248,402
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 138,848
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 7,847
<TOT-CAPITALIZATION-AND-LIAB> 574,694
<GROSS-OPERATING-REVENUE> 569
<INCOME-TAX-EXPENSE> (3,752)<F1>
<OTHER-OPERATING-EXPENSES> 12,425
<TOTAL-OPERATING-EXPENSES> 12,425 <F1>
<OPERATING-INCOME-LOSS> (11,856)
<OTHER-INCOME-NET> 67,659
<INCOME-BEFORE-INTEREST-EXPEN> 55,803
<TOTAL-INTEREST-EXPENSE> 21,223
<NET-INCOME> 38,332
0
<EARNINGS-AVAILABLE-FOR-COMM> 38,332
<COMMON-STOCK-DIVIDENDS> 8,161
<TOTAL-INTEREST-ON-BONDS> 18,438
<CASH-FLOW-OPERATIONS> 42,792
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Industrial Energy Applications, Inc. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> INDUSTRIAL ENERGY APPLICATIONS, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 55,568
<TOTAL-CURRENT-ASSETS> 11,001
<TOTAL-DEFERRED-CHARGES> 1,696
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 68,265
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 9,971
<RETAINED-EARNINGS> 1,350
<TOTAL-COMMON-STOCKHOLDERS-EQ> 11,321
0
0
<LONG-TERM-DEBT-NET> 52
<SHORT-TERM-NOTES> 44,856
<LONG-TERM-NOTES-PAYABLE> 46
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 0
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 11,990
<TOT-CAPITALIZATION-AND-LIAB> 68,265
<GROSS-OPERATING-REVENUE> 107,730
<INCOME-TAX-EXPENSE> (1,020)<F1>
<OTHER-OPERATING-EXPENSES> 105,355
<TOTAL-OPERATING-EXPENSES> 105,355 <F1>
<OPERATING-INCOME-LOSS> 2,375
<OTHER-INCOME-NET> (585)
<INCOME-BEFORE-INTEREST-EXPEN> 1,790
<TOTAL-INTEREST-EXPENSE> 3,207
<NET-INCOME> (397)
0
<EARNINGS-AVAILABLE-FOR-COMM> (397)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 5,744
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Ely, Inc. and is qualified in its entirety by
reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ELY, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 0
<TOTAL-OPERATING-EXPENSES> 0 <F1>
<OPERATING-INCOME-LOSS> 0
<OTHER-INCOME-NET> 0
<INCOME-BEFORE-INTEREST-EXPEN> 0
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 0
0
<EARNINGS-AVAILABLE-FOR-COMM> 0
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (138)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of RMT, Inc. and is qualified in its entirety by
reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> RMT, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 2,444
<TOTAL-CURRENT-ASSETS> 24,440
<TOTAL-DEFERRED-CHARGES> 1,206
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 28,090
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 11,822
<RETAINED-EARNINGS> 6,611
<TOTAL-COMMON-STOCKHOLDERS-EQ> 18,433
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 9,657
<TOT-CAPITALIZATION-AND-LIAB> 28,090
<GROSS-OPERATING-REVENUE> 77,405
<INCOME-TAX-EXPENSE> 1,720 <F1>
<OTHER-OPERATING-EXPENSES> 74,095
<TOTAL-OPERATING-EXPENSES> 74,095 <F1>
<OPERATING-INCOME-LOSS> 3,310
<OTHER-INCOME-NET> 963
<INCOME-BEFORE-INTEREST-EXPEN> 4,273
<TOTAL-INTEREST-EXPENSE> 125
<NET-INCOME> 2,428
0
<EARNINGS-AVAILABLE-FOR-COMM> 2,428
<COMMON-STOCK-DIVIDENDS> 1,091
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (558)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Heartland Energy Group, Inc. and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> HEARTLAND ENERGY GROUP, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 25
<TOTAL-CURRENT-ASSETS> 6,538
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 6,563
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 3,289
<RETAINED-EARNINGS> (627)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 2,662
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 3,901
<TOT-CAPITALIZATION-AND-LIAB> 6,563
<GROSS-OPERATING-REVENUE> 10,824
<INCOME-TAX-EXPENSE> 150 <F1>
<OTHER-OPERATING-EXPENSES> 11,779
<TOTAL-OPERATING-EXPENSES> 11,779 <F1>
<OPERATING-INCOME-LOSS> (955)
<OTHER-INCOME-NET> 1,387
<INCOME-BEFORE-INTEREST-EXPEN> 432
<TOTAL-INTEREST-EXPENSE> 5
<NET-INCOME> 277
0
<EARNINGS-AVAILABLE-FOR-COMM> 277
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (1,749)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Heartland Energy Services, Inc. (Alliant Energy
Industrial Services, Inc.) and is qualified in its entirety by reference to such
Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> HEARTLAND ENERGY SERVICES, INC. (ISCO)
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 319 <F1>
<OTHER-OPERATING-EXPENSES> 38
<TOTAL-OPERATING-EXPENSES> 38 <F1>
<OPERATING-INCOME-LOSS> (38)
<OTHER-INCOME-NET> 834
<INCOME-BEFORE-INTEREST-EXPEN> 796
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 477
0
<EARNINGS-AVAILABLE-FOR-COMM> 477
<COMMON-STOCK-DIVIDENDS> (6,458)
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 106
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Whiting Petroleum Corporation and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> WHITING PETROLEUM CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 131,354
<TOTAL-CURRENT-ASSETS> 16,591
<TOTAL-DEFERRED-CHARGES> 596
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 148,541
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 47,700
<RETAINED-EARNINGS> (8,643)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 39,057
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 72,531
<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> 36,953
<TOT-CAPITALIZATION-AND-LIAB> 148,541
<GROSS-OPERATING-REVENUE> 66,103
<INCOME-TAX-EXPENSE> 1,983 <F1>
<OTHER-OPERATING-EXPENSES> 57,872
<TOTAL-OPERATING-EXPENSES> 57,872 <F1>
<OPERATING-INCOME-LOSS> 8,231
<OTHER-INCOME-NET> 10,219
<INCOME-BEFORE-INTEREST-EXPEN> 18,450
<TOTAL-INTEREST-EXPENSE> 5,384
<NET-INCOME> 11,083
0
<EARNINGS-AVAILABLE-FOR-COMM> 11,083
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 40,429
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Industrial Services, Inc. -
Parent and is qualified in its entirety by reference to such Financial
Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INDUSTRIAL SERVICES, INC. - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 71,473
<TOTAL-CURRENT-ASSETS> 849
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 72,322
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 73,730
<RETAINED-EARNINGS> (3,841)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 69,889
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 2,504
<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> (71)
<TOT-CAPITALIZATION-AND-LIAB> 72,322
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (1,441)<F1>
<OTHER-OPERATING-EXPENSES> 26
<TOTAL-OPERATING-EXPENSES> 26 <F1>
<OPERATING-INCOME-LOSS> (26)
<OTHER-INCOME-NET> 10,451
<INCOME-BEFORE-INTEREST-EXPEN> 10,425
<TOTAL-INTEREST-EXPENSE> 118
<NET-INCOME> 11,748
0
<EARNINGS-AVAILABLE-FOR-COMM> 11,748
<COMMON-STOCK-DIVIDENDS> 923
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 11,363
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant International New Zealand Limited and
is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT INTERNATIONAL NEW ZEALAND LIMITED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 107,769
<TOTAL-CURRENT-ASSETS> 52
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 107,821
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 96,556
<RETAINED-EARNINGS> 6,112 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 102,668
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 5,153
<TOT-CAPITALIZATION-AND-LIAB> 107,821
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F2>
<OTHER-OPERATING-EXPENSES> 1,204
<TOTAL-OPERATING-EXPENSES> 1,204 <F2>
<OPERATING-INCOME-LOSS> (1,204)
<OTHER-INCOME-NET> 10,711
<INCOME-BEFORE-INTEREST-EXPEN> 9,507
<TOTAL-INTEREST-EXPENSE> 2
<NET-INCOME> 9,505
0
<EARNINGS-AVAILABLE-FOR-COMM> 9,505
<COMMON-STOCK-DIVIDENDS> 1,147
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (7,697)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes <$1,416> 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Interstate Energy Corporation PTE Limited and
is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> INTERSTATE ENERGY CORPORATION PTE LIMITED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 26,839
<TOTAL-CURRENT-ASSETS> 3,273
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 30,112
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 24,072
<RETAINED-EARNINGS> 6,040 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 30,112
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 30,112
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F2>
<OTHER-OPERATING-EXPENSES> 49
<TOTAL-OPERATING-EXPENSES> 49 <F2>
<OPERATING-INCOME-LOSS> (49)
<OTHER-INCOME-NET> 2,721
<INCOME-BEFORE-INTEREST-EXPEN> 2,672
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 2,672
0
<EARNINGS-AVAILABLE-FOR-COMM> 2,672
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (1,493)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $35 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Brazil, Inc. and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY BRAZIL, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 0
<TOTAL-OPERATING-EXPENSES> 0 <F1>
<OPERATING-INCOME-LOSS> 0
<OTHER-INCOME-NET> 0
<INCOME-BEFORE-INTEREST-EXPEN> 0
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 0
0
<EARNINGS-AVAILABLE-FOR-COMM> 0
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 1
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Grandelight Holding Limited and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> GRANDELIGHT HOLDING LIMITED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 35,427
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 35,427
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 4,499
<RETAINED-EARNINGS> (3,851)<F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 648
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 34,779
<TOT-CAPITALIZATION-AND-LIAB> 35,427
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F2>
<OTHER-OPERATING-EXPENSES> 167
<TOTAL-OPERATING-EXPENSES> 167 <F2>
<OPERATING-INCOME-LOSS> (167)
<OTHER-INCOME-NET> (2,641)
<INCOME-BEFORE-INTEREST-EXPEN> (2,808)
<TOTAL-INTEREST-EXPENSE> 3
<NET-INCOME> (2,811)
0
<EARNINGS-AVAILABLE-FOR-COMM> (2,811)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 29,608
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes <$269> 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Australia Pty. Limited and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY AUSTRALIA PTY. LIMITED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 17,797
<TOTAL-CURRENT-ASSETS> 11
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 17,808
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 23,799
<RETAINED-EARNINGS> (3,870)<F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 19,929
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> (2,121)
<TOT-CAPITALIZATION-AND-LIAB> 17,808
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F2>
<OTHER-OPERATING-EXPENSES> 168
<TOTAL-OPERATING-EXPENSES> 168 <F2>
<OPERATING-INCOME-LOSS> (168)
<OTHER-INCOME-NET> 28
<INCOME-BEFORE-INTEREST-EXPEN> (140)
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> (140)
0
<EARNINGS-AVAILABLE-FOR-COMM> (140)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (282)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes <$3,730> 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy International, Inc. - Parent and
is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INTERNATIONAL, INC. - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 168,498
<TOTAL-CURRENT-ASSETS> 33,508
<TOTAL-DEFERRED-CHARGES> 256
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 202,262
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 30,489
<RETAINED-EARNINGS> (8,655)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 21,834
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 178,547
<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> 1,881
<TOT-CAPITALIZATION-AND-LIAB> 202,262
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (2,899)<F1>
<OTHER-OPERATING-EXPENSES> 5,405
<TOTAL-OPERATING-EXPENSES> 5,405 <F1>
<OPERATING-INCOME-LOSS> (5,405)
<OTHER-INCOME-NET> 10,231
<INCOME-BEFORE-INTEREST-EXPEN> 4,826
<TOTAL-INTEREST-EXPENSE> 8,087
<NET-INCOME> (362)
0
<EARNINGS-AVAILABLE-FOR-COMM> (362)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (28,485)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of 2001 Development Corporation and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> 2001 DEVELOPMENT CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 18,687
<TOTAL-CURRENT-ASSETS> 2,125
<TOTAL-DEFERRED-CHARGES> 158
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 20,970
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 8,250
<RETAINED-EARNINGS> (434)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 7,816
0
0
<LONG-TERM-DEBT-NET> 9,131
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 382
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 3,641
<TOT-CAPITALIZATION-AND-LIAB> 20,970
<GROSS-OPERATING-REVENUE> 3,948
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 2,703
<TOTAL-OPERATING-EXPENSES> 2,703 <F1>
<OPERATING-INCOME-LOSS> 1,245
<OTHER-INCOME-NET> 27
<INCOME-BEFORE-INTEREST-EXPEN> 1,272
<TOTAL-INTEREST-EXPENSE> 1,060
<NET-INCOME> 212
0
<EARNINGS-AVAILABLE-FOR-COMM> 212
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 837
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Iowa Land and Building Company and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> IOWA LAND AND BUILDING COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 11,334
<TOTAL-CURRENT-ASSETS> 826
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 12,160
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 2,804
<RETAINED-EARNINGS> 1,232
<TOTAL-COMMON-STOCKHOLDERS-EQ> 4,036
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 6,090
<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> 2,034
<TOT-CAPITALIZATION-AND-LIAB> 12,160
<GROSS-OPERATING-REVENUE> 3,201
<INCOME-TAX-EXPENSE> 300 <F1>
<OTHER-OPERATING-EXPENSES> 2,417
<TOTAL-OPERATING-EXPENSES> 2,417 <F1>
<OPERATING-INCOME-LOSS> 784
<OTHER-INCOME-NET> 301
<INCOME-BEFORE-INTEREST-EXPEN> 1,085
<TOTAL-INTEREST-EXPENSE> 429
<NET-INCOME> 356
0
<EARNINGS-AVAILABLE-FOR-COMM> 356
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 121
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Village Lakeshares Inc. and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> VILLAGE LAKESHARES INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 2,888
<TOTAL-CURRENT-ASSETS> 2,678
<TOTAL-DEFERRED-CHARGES> 4,320
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 9,886
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 5,984
<RETAINED-EARNINGS> (4,009)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,975
0
0
<LONG-TERM-DEBT-NET> 34
<SHORT-TERM-NOTES> 6,377
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 10
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,490
<TOT-CAPITALIZATION-AND-LIAB> 9,886
<GROSS-OPERATING-REVENUE> 4,827
<INCOME-TAX-EXPENSE> (440)<F1>
<OTHER-OPERATING-EXPENSES> 5,831
<TOTAL-OPERATING-EXPENSES> 5,831 <F1>
<OPERATING-INCOME-LOSS> (1,004)
<OTHER-INCOME-NET> 889
<INCOME-BEFORE-INTEREST-EXPEN> (115)
<TOTAL-INTEREST-EXPENSE> 484
<NET-INCOME> (159)
0
<EARNINGS-AVAILABLE-FOR-COMM> (159)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 1,121
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Investco, Inc. and is qualified
in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INVESTCO, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,488
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,488
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 1
<RETAINED-EARNINGS> 511
<TOTAL-COMMON-STOCKHOLDERS-EQ> 512
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 910
<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> 66
<TOT-CAPITALIZATION-AND-LIAB> 1,488
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (159)<F1>
<OTHER-OPERATING-EXPENSES> 8
<TOTAL-OPERATING-EXPENSES> 8 <F1>
<OPERATING-INCOME-LOSS> (8)
<OTHER-INCOME-NET> (256)
<INCOME-BEFORE-INTEREST-EXPEN> (264)
<TOTAL-INTEREST-EXPENSE> 78
<NET-INCOME> (183)
0
<EARNINGS-AVAILABLE-FOR-COMM> (183)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 388
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Sawyer Finance Limited and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> SAWYER FINANCE LIMITED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 0
<TOTAL-CURRENT-ASSETS> 0
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 0
<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> 0
<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> 0
<TOT-CAPITALIZATION-AND-LIAB> 0
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 0
<TOTAL-OPERATING-EXPENSES> 0 <F1>
<OPERATING-INCOME-LOSS> 0
<OTHER-INCOME-NET> 707
<INCOME-BEFORE-INTEREST-EXPEN> 707
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 707
0
<EARNINGS-AVAILABLE-FOR-COMM> 707
<COMMON-STOCK-DIVIDENDS> 2,831
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 9,814
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Heartland Energy Services, Inc. (Alliant Energy
Investments, Inc.) and is qualified in its entirety by reference to such
Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> HEARTLAND ENERGY SERVICES, INC. (INVESTMENTS)
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 924
<TOTAL-CURRENT-ASSETS> 442
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,366
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 7,141
<RETAINED-EARNINGS> (7,056)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 85
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 1,616
<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> (335)
<TOT-CAPITALIZATION-AND-LIAB> 1,366
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (37)<F1>
<OTHER-OPERATING-EXPENSES> 1
<TOTAL-OPERATING-EXPENSES> 1 <F1>
<OPERATING-INCOME-LOSS> (1)
<OTHER-INCOME-NET> (146)
<INCOME-BEFORE-INTEREST-EXPEN> (147)
<TOTAL-INTEREST-EXPENSE> 11
<NET-INCOME> (121)
0
<EARNINGS-AVAILABLE-FOR-COMM> (121)
<COMMON-STOCK-DIVIDENDS> 6,935
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 738
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Atlantic-Sundance Apartments, L.P. and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ATLANTIC-SUNDANCE APARTMENTS, L.P.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 2,094
<TOTAL-CURRENT-ASSETS> 5
<TOTAL-DEFERRED-CHARGES> 17
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 2,116
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 1,150
<RETAINED-EARNINGS> (235)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 915
0
0
<LONG-TERM-DEBT-NET> 1,148
<SHORT-TERM-NOTES> 0
<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> 53
<TOT-CAPITALIZATION-AND-LIAB> 2,116
<GROSS-OPERATING-REVENUE> 121
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 284
<TOTAL-OPERATING-EXPENSES> 284 <F1>
<OPERATING-INCOME-LOSS> (163)
<OTHER-INCOME-NET> 0
<INCOME-BEFORE-INTEREST-EXPEN> (163)
<TOTAL-INTEREST-EXPENSE> 72
<NET-INCOME> (235)
0
<EARNINGS-AVAILABLE-FOR-COMM> (235)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (128)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Heartland Properties, Inc. and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> HEARTLAND PROPERTIES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 110,397
<TOTAL-CURRENT-ASSETS> 16,105
<TOTAL-DEFERRED-CHARGES> 12,844
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 139,346
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 35,256
<RETAINED-EARNINGS> 13,614 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 48,870
0
0
<LONG-TERM-DEBT-NET> 67,933
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 1,332
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 21,211
<TOT-CAPITALIZATION-AND-LIAB> 139,346
<GROSS-OPERATING-REVENUE> 12,697
<INCOME-TAX-EXPENSE> 8,965 <F2>
<OTHER-OPERATING-EXPENSES> 13,628
<TOTAL-OPERATING-EXPENSES> 13,628 <F2>
<OPERATING-INCOME-LOSS> (931)
<OTHER-INCOME-NET> 44,967
<INCOME-BEFORE-INTEREST-EXPEN> 44,036
<TOTAL-INTEREST-EXPENSE> 4,588
<NET-INCOME> 30,483
0
<EARNINGS-AVAILABLE-FOR-COMM> 30,483
<COMMON-STOCK-DIVIDENDS> 34,159
<TOTAL-INTEREST-ON-BONDS> 1,851
<CASH-FLOW-OPERATIONS> (12,885)
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $9,973 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Investments, Inc. - Parent and
is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY INVESTMENTS, INC. - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 1,160,627
<TOTAL-CURRENT-ASSETS> 3,255
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,163,882
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 65,741
<RETAINED-EARNINGS> 621,099 <F1>
<TOTAL-COMMON-STOCKHOLDERS-EQ> 686,840
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 25,604
<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> 451,438
<TOT-CAPITALIZATION-AND-LIAB> 1,163,882
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> (973)<F2>
<OTHER-OPERATING-EXPENSES> 296
<TOTAL-OPERATING-EXPENSES> 296 <F2>
<OPERATING-INCOME-LOSS> (296)
<OTHER-INCOME-NET> 30,401
<INCOME-BEFORE-INTEREST-EXPEN> 30,105
<TOTAL-INTEREST-EXPENSE> 1,811
<NET-INCOME> 29,267
0
<EARNINGS-AVAILABLE-FOR-COMM> 29,267
<COMMON-STOCK-DIVIDENDS> 46,248
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 31,645
<EPS-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1> Includes $630,309 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> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Cedar Rapids & Iowa City Railway Company and is
qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> CEDAR RAPIDS & IOWA CITY RAILWAY COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 34,435
<TOTAL-CURRENT-ASSETS> 5,390
<TOTAL-DEFERRED-CHARGES> 70
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 39,895
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 9,625
<RETAINED-EARNINGS> 17,403
<TOTAL-COMMON-STOCKHOLDERS-EQ> 27,028
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 0
<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> 12,867
<TOT-CAPITALIZATION-AND-LIAB> 39,895
<GROSS-OPERATING-REVENUE> 18,749
<INCOME-TAX-EXPENSE> 3,151 <F1>
<OTHER-OPERATING-EXPENSES> 11,203
<TOTAL-OPERATING-EXPENSES> 11,203 <F1>
<OPERATING-INCOME-LOSS> 7,546
<OTHER-INCOME-NET> 1,092
<INCOME-BEFORE-INTEREST-EXPEN> 8,638
<TOTAL-INTEREST-EXPENSE> 757
<NET-INCOME> 4,730
0
<EARNINGS-AVAILABLE-FOR-COMM> 4,730
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 4,429
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of IEI Barge Services, Inc. and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> IEI BARGE SERVICES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 7,438
<TOTAL-CURRENT-ASSETS> 865
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 8,303
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 2,467
<RETAINED-EARNINGS> 748
<TOTAL-COMMON-STOCKHOLDERS-EQ> 3,215
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 4,853
<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> 235
<TOT-CAPITALIZATION-AND-LIAB> 8,303
<GROSS-OPERATING-REVENUE> 2,457
<INCOME-TAX-EXPENSE> 0 <F1>
<OTHER-OPERATING-EXPENSES> 1,734
<TOTAL-OPERATING-EXPENSES> 1,734 <F1>
<OPERATING-INCOME-LOSS> 723
<OTHER-INCOME-NET> 57
<INCOME-BEFORE-INTEREST-EXPEN> 780
<TOTAL-INTEREST-EXPENSE> 502
<NET-INCOME> 278
0
<EARNINGS-AVAILABLE-FOR-COMM> 278
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 157
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Transfer Services, Inc. and is qualified in its
entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> TRANSFER SERVICES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 63
<TOTAL-CURRENT-ASSETS> 84
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 147
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 385
<RETAINED-EARNINGS> 771
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,156
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> (1,066)
<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> 57
<TOT-CAPITALIZATION-AND-LIAB> 147
<GROSS-OPERATING-REVENUE> 392
<INCOME-TAX-EXPENSE> 56 <F1>
<OTHER-OPERATING-EXPENSES> 316
<TOTAL-OPERATING-EXPENSES> 316 <F1>
<OPERATING-INCOME-LOSS> 76
<OTHER-INCOME-NET> 92
<INCOME-BEFORE-INTEREST-EXPEN> 168
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 112
0
<EARNINGS-AVAILABLE-FOR-COMM> 112
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (506)
<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>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Williams Bulk Transfer Inc. and is qualified in
its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> WILLIAMS BULK TRANSFER INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 2,194
<TOTAL-CURRENT-ASSETS> 125
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 2,319
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 1
<RETAINED-EARNINGS> (23)
<TOTAL-COMMON-STOCKHOLDERS-EQ> (22)
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 2,252
<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> 89
<TOT-CAPITALIZATION-AND-LIAB> 2,319
<GROSS-OPERATING-REVENUE> 78
<INCOME-TAX-EXPENSE> (17)<F1>
<OTHER-OPERATING-EXPENSES> 99
<TOTAL-OPERATING-EXPENSES> 99 <F1>
<OPERATING-INCOME-LOSS> (21)
<OTHER-INCOME-NET> 0
<INCOME-BEFORE-INTEREST-EXPEN> (21)
<TOTAL-INTEREST-EXPENSE> 19
<NET-INCOME> (23)
0
<EARNINGS-AVAILABLE-FOR-COMM> (23)
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (48)
<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>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the December
31, 1999 Financial Statements of Alliant Energy Transportation, Inc. - Parent
and is qualified in its entirety by reference to such Financial Statements.
</LEGEND>
<CIK> 0000352541
<NAME> ALLIANT ENERGY TRANSPORTATION, INC. - PARENT
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> DEC-31-1999
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 0
<OTHER-PROPERTY-AND-INVEST> 30,664
<TOTAL-CURRENT-ASSETS> 69
<TOTAL-DEFERRED-CHARGES> 0
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 30,733
<COMMON> 0
<CAPITAL-SURPLUS-PAID-IN> 7,837
<RETAINED-EARNINGS> 13,862
<TOTAL-COMMON-STOCKHOLDERS-EQ> 21,699
0
0
<LONG-TERM-DEBT-NET> 0
<SHORT-TERM-NOTES> 8,948
<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> 86
<TOT-CAPITALIZATION-AND-LIAB> 30,733
<GROSS-OPERATING-REVENUE> 0
<INCOME-TAX-EXPENSE> 111 <F1>
<OTHER-OPERATING-EXPENSES> 0
<TOTAL-OPERATING-EXPENSES> 0 <F1>
<OPERATING-INCOME-LOSS> 0
<OTHER-INCOME-NET> 5,099
<INCOME-BEFORE-INTEREST-EXPEN> 5,099
<TOTAL-INTEREST-EXPENSE> 0
<NET-INCOME> 4,988
0
<EARNINGS-AVAILABLE-FOR-COMM> 4,988
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 4,981
<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>
(FOREIGN UTILITY COMPANY ORGANIZATION CHART APPEARS HERE)
EXHIBIT I
FOREIGN UTILITY COMPANY FINANCIAL STATEMENTS
International was organized as a holding company for international
investments of Alliant Energy. The assets of International are primarily debt
and equity investments in their subsidiary companies. In 1999, International had
$5.4 million of operating expenses.
Documents incorporated by reference to filings made by Alliant Energy under
the Securities Exchange Act of 1934, as amended, and the Public Utility Holding
Company Act of 1935 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.
