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UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
In the Matter of .
.
Entergy Corporation .
Entergy Enterprises, Inc. .
Entergy Integrated Solutions, Inc. .
(formerly Entergy Systems and Service, Inc. .
and prior thereto Systems and .
Service U.S.A., Inc.) . CERTIFICATE PURSUANT
. TO RULE 24
File No. 70-7947 .
File No. 70-8509 .
.
(Public Utility Holding Company .
Act of 1935) .
_____________________________________________
Pursuant to Rule 24 promulgated by the Securities and Exchange
Commission (SEC) under the Public Utility Holding Company Act of 1935,
as amended, modified by the application(s)-declaration(s) in the above
referenced files and the related orders dated December 28, 1992 and
July 27, 1995 (collectively, the "Orders"), this is to certify that the
following paragraphs report transactions carried out by Entergy
Integrated Solutions, Inc. (EIS)<FN1> during the three(3) month period
ended March 31, 1998 pursuant to the authorization of the SEC and
provide such other information as is required to be reported in
accordance with the provisions of the Orders.
I. Summary of Total Assets and Revenues of EIS By Type of Activity
Energy Management Funding of other
& DSM Consulting Contractors
Total Assets* $ 108,837,077.13
Total Revenues $19,263,958.00
* Excludes assets that are not appropriately allocated to any specific
business activity, but which support EIS's general business operations.
II. Summary of Total Assets and Revenues of EIS By Geographic Region
<TABLE>
<CAPTION>
Base Region U.S. (excluding Base Region> World (excluding U.S.>
<S> <C>
Total Assets ** $25,056,925.17 $43,648,655.23
Total Revenues $6,694,225.41 $12,569,732.59
** Excludes assets that are not dedicated to EIS's business activities
in any specific geographic region.
</TABLE>
III. Financial Statements
EIS's unaudited Balance Sheets, as of March 31, 1998 and as of
the reporting date, respectively, and Income Statements for the three
month period ending March 31, 1998, and for the calendar year to date,
respectively, are attached hereto.
<FN1> By amendment to its Certificate of Incorporation, Entergy
Systems and Services, Inc. changed its name to "Entergy
Integrated Solutions, Inc.", effective May 7, 1996.
<PAGE>
IN WITNESS WHEREOF, the undersigned companies have caused this
certificate to be executed this 14TH day of August, 1998.
Entergy Corporation
By: /s/ Michael G. Thompson
Michael G. Thompson
Senior Vice President,
General Counsel and Secretary
Entergy Enterprises, Inc.
By: /s/ Michael G. Thompson
Michael G. Thompson
Senior Vice President
Law and Secretary
Entergy Integrated Solutions, Inc.
By: /s/ Michael G. Thompson
Michael G. Thompson
Vice President and Secretary
Entergy Integrated Solutions Inc.
Statement of Operations
Quarter and Year-To-Date Ended March 31, 1998
(Unaudited)
<TABLE>
<CAPTION>
<S> <C> <C>
Current Quarter Year To Date
Revenue $ 19,263,958.00 19,263,958.00
Operating Expense 13,969,533.00 13,969,533.00
______________ ______________
Gross Margin 5,294,425.00 5,294,425.00
Selling Expense 3,565,608.00 3,565,608.00
Marketing Expense 116,035.00 116,035.00
Administrative & General Expense 2,880,790.00 2,880,790.00
Other Expense/Income 1,518,391.00 1,518,391.00
_______________ ______________
Net Operating Profit (Loss) Before Taxes (2,786,399.00) (2,786,399.00)
Income taxes (980,715.00) (980,715.00>
_______________ ______________
Net Profit (Loss) $ (1,805,684.00) (1,805,684.00)
=============== ==============
Entergy Integrated Solutions Inc.
Balance Sheet
March 31, 1998
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 820,476.07
Accounts receivable 2,870,739.36
Other current assets 7,452,518.19
______________
Total current assets 11,143,733.62
______________
Fixed Assets:
Furniture and equipment, net 7,600,976.16
Equipment inventory held for installation 12,574,057.97
Installations in process 12,645,564.85
Installed equipment 53,189,276.07
______________
Total fixed assets 86,009,875.05
______________
Deferred Debits:
Miscellaneous deferred debits 1,168,539.03
Deferred income taxes 9,437,671.00
Other assets, Net 1,077,258.43
______________
Total deferred debits 11,683,468.46
______________
TOTAL ASSETS $ 108,837,077.13
==============
Entergy Integrated Solutions Inc.
Balance Sheet
March 31, 1998
(Unaudited)
LIABILITIES AND CAPITAL
Current & accrued liabilities:
Accounts payable $ 1,425,018.58
Accrued liabilities 7,772,574.92
Current portion of capital lease obligations 94,774.88
Current Maturities-Other Long-term liabilities 982,015.68
_____________
Total current & accrued liabilities 10,274,384.06
_____________
Long-term liabilities:
Long-term liabilities 1,465,952.84
_____________
Total long-term liabilities 1,465,952.84
_____________
Deferred Credits:
Service contract revenue 45,360,050.92
_____________
Total deferred credits 45,360,050.92
_____________
Capital:
Common stock, no par value, 50,000 shares authorized,
13,500 shares issued and outstanding 13,500,000.00
Paid in capital 150,000,000.00
Accumulated deficit (111,763,310.69>
________________
Total capital 51,736,689.31
________________
Total liabilities and capital $ 108,837,077.13
================
</TABLE>
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