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 and nine (9) month
periods ended September 30, 1997 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 * $ 129,061,786.27
Total Revenues $45,171,244.00
* 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
U.S. (excluding
Base Region Base Region) World (excluding U.S.)
Total Assets ** $27,996,068.04 $49,684,180.20
Total Revenues $15,414,257.04 $29,756,986.96
** Excludes assets that are not dedicated to EIS's business
activities in any specific geographic region.
III. Financial Statements
EIS's unaudited Balance Sheets, as of September 30, 1997 and
as of the reporting date, respectively, and Income Statements for
the three month period ending September 30, 1997, and for the
calendar year to date, respectively, are attached hereto.
IN WITNESS WHEREOF, the undersigned companies have caused
this certificate to be executed this 17th day of February, 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
_______________________________
<FN1> By amendment to its Certificate of Incorporation, Entergy
Systems and Service, Inc. changed its name to "Entergy Integrated
Solutions, Inc.", effective May 7, 1996
Entergy Integrated Solutions Inc.
Statement of Operations
Quarter and Year-To-Date Ended September 30, 1997
(Unaudited)
<TABLE>
<CAPTION>
<S> <C> <C>
Current Quarter Year To Date
Revenue $ 21,699,130.00 45,171,244.00
Operating Expense 14,963,286.00 30,301,725.00
_______________ _______________
Gross Margin 6,735,844.00 14,869,519.00
Selling Expense 3,631,739.00 11,600,966.00
Marketing Expense 264,365.00 610,688.00
Administrative & General Expense 4,080,889.00 11,881,385.00
Other Expense/Income 3,423,444.00 7,643,609.00
_______________ _______________
Net Operating Profit (Loss) Before Taxes (4,664,593.00) (16,867,129.00)
Income taxes (1,616,412.00) (6,050,321.00)
_______________ _______________
Net Profit (Loss) $ (3,048,181.00) (10,816,808.00)
=============== ===============
</TABLE>
<PAGE>
Entergy Integrated Solutions Inc.
Balance Sheet
September 30, 1997
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 2,477,041.99
Accounts receivable 2,697,885.75
Other current assets 3,044,420.20
---------------
Total current assets 8,219,347.94
---------------
Investments:
Investment in SASI, Inc. -
Note receivable - SASI, Inc. -
HES service contracts, net 2,027,434.67
---------------
Total investments 2,027,434.67
---------------
Fixed Assets:
Furniture and equipment, net 9,444,236.74
Intangible assets, net 313,832.10
Equipment inventory held for
installation 18,345,206.73
Installations in process 12,557,240.05
Installed equipment 60,397,687.77
---------------
Total fixed assets 101,058,203.39
---------------
Deferred Debits:
Miscellaneous deferred debits 10,726,461.50
Deferred income taxes 5,797,582.00
Other assets, Net 1,232,756.77
---------------
Total deferred debits 17,756,800.27
---------------
TOTAL ASSETS $129,061,786.27
===============
<PAGE>
Entergy Integrated Solutions Inc.
Balance Sheet
September 30, 1997
(Unaudited)
LIABILITIES AND CAPITAL
Current & accrued liabilities:
Accounts payable $ 1,921,545.23
Accrued liabilities 3,899,439.24
Current portion of capital lease
obligations 94,287.40
Current Maturities-Other Long-term
liabilities 982,015.68
---------------
Total current & accrued liabilities 6,897,287.55
---------------
Long-term liabilities:
Long-term liabilities 1,486,791.10
---------------
Total long-term liabilities 1,486,791.10
---------------
Deferred Credits:
Service contract revenue 53,875,147.05
---------------
Total deferred credits 53,875,147.05
---------------
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 (96,697,439.43)
---------------
Total capital 66,802,560.57
---------------
Total liabilities and capital $129,061,786.27
===============
<PAGE>
