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File No. 70-8541
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
AMENDMENT NO. 2 TO
FORM U-1
APPLICATION OR DECLARATION
under
the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
--------------------------------------------
National Fuel Gas Company National Fuel Gas
10 Lafayette Square Distribution Corporation
Buffalo, New York 14203 10 Lafayette Square
Buffalo, New York 14203
Seneca Resources Corporation National Fuel Gas Supply
10 Lafayette Square Corporation
Buffalo, New York 14203 10 Lafayette Square
Buffalo, New York 14203
National Fuel Resources, Inc. Utility Constructors, Inc.
10 Lafayette Square 10 Lafayette Square
Buffalo, New York 14203 Buffalo, New York 14203
(Names of companies filing this statement
and addresses of principal executive offices)
--------------------------------------------
NATIONAL FUEL GAS COMPANY
(Name of top registered holding company)
--------------------------------------------
Philip C. Ackerman Robert J. Reger, Jr., Esq.
Senior Vice President Reid & Priest LLP
National Fuel Gas Company 40 West 57th Street
10 Lafayette Square New York, New York 10019
Buffalo, New York 14203
(Names and addresses of agents for service)
<PAGE>
Item 6. Exhibits and Financial Statements.
The following exhibit is made a part of this statement:
(A) Exhibits
G Financial Data Schedules.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have duly
caused this amendment to be signed on their behalf by the
undersigned thereunto duly authorized.
NATIONAL FUEL GAS COMPANY
By /s/ Gerald T. Wehrlin
------------------------
Gerald T. Wehrlin
Controller
NATIONAL FUEL GAS
DISTRIBUTION CORPORATION
By /s/ Gerald T. Wehrlin
------------------------
Gerald T. Wehrlin
Senior Vice President,
Controller
SENECA RESOURCES CORPORATION
By /s/ Gerald T. Wehrlin
------------------------
Gerald T. Wehrlin
Secretary, Treasurer and
Controller
NATIONAL FUEL GAS SUPPLY
CORPORATION
By /s/ Joseph P. Pawlowski
------------------------
Joseph P. Pawlowski
Treasurer
NATIONAL FUEL RESOURCES, INC.
By /s/ David F. Smith
------------------------
David F. Smith
President
UTILITY CONSTRUCTORS, INC.
By /s/ Joseph P. Pawlowski
------------------------
Joseph P. Pawlowski
Treasurer
DATED: January 23, 1995
<PAGE>
EXHIBIT INDEX
G Financial Data Schedules
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NATIONAL
FUEL GAS COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 1,542,739 1,542,739
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 220,938 265,731
<TOTAL-DEFERRED-CHARGES> 15,796 15,796
<OTHER-ASSETS> 202,184 205,236
<TOTAL-ASSETS> 1,981,657 2,029,502
<COMMON> 37,278 37,278
<CAPITAL-SURPLUS-PAID-IN> 379,156 379,156
<RETAINED-EARNINGS> 363,854 356,614
<TOTAL-COMMON-STOCKHOLDERS-EQ> 780,288 773,048
0 0
0 0
<LONG-TERM-DEBT-NET> 462,500 674,000
<SHORT-TERM-NOTES> 102,500 35,300
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 10,000 10,000
<LONG-TERM-DEBT-CURRENT-PORT> 96,000 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 530,369 537,154
<TOT-CAPITALIZATION-AND-LIAB> 1,981,657 2,029,502
<GROSS-OPERATING-REVENUE> 1,141,324 1,141,324
<INCOME-TAX-EXPENSE> 47,792 43,894
<OTHER-OPERATING-EXPENSES> 967,629 967,629
<TOTAL-OPERATING-EXPENSES> 1,015,421 1,011,523
<OPERATING-INCOME-LOSS> 125,903 129,801
<OTHER-INCOME-NET> 3,656 3,656
<INCOME-BEFORE-INTEREST-EXPEN> 129,559 133,457
<TOTAL-INTEREST-EXPENSE> 47,124 58,262
<NET-INCOME> 85,672 78,432
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 85,672 78,432
<COMMON-STOCK-DIVIDENDS> 57,725 57,725
<TOTAL-INTEREST-ON-BONDS> 36,699 49,889
<CASH-FLOW-OPERATIONS> 199,229 0
<EPS-PRIMARY> 2.32 2.12
<EPS-DILUTED> 2.32 2.12
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NATIONAL
FUEL GAS COMPANY'S (PARENT COMPANY) FINANCIAL STATEMENTS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 137 137
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 300,113 240,544
<TOTAL-DEFERRED-CHARGES> 895 895
<OTHER-ASSETS> 1,227,778 1,339,090
<TOTAL-ASSETS> 1,528,923 1,580,666
<COMMON> 37,278 37,278
<CAPITAL-SURPLUS-PAID-IN> 379,156 379,156
<RETAINED-EARNINGS> 363,854 356,614
<TOTAL-COMMON-STOCKHOLDERS-EQ> 780,288 773,048
0 0
0 0
<LONG-TERM-DEBT-NET> 462,500 674,000
<SHORT-TERM-NOTES> 145,100 77,900
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 10,000 10,000
<LONG-TERM-DEBT-CURRENT-PORT> 96,000 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 35,035 45,718
<TOT-CAPITALIZATION-AND-LIAB> 1,528,923 1,580,666
<GROSS-OPERATING-REVENUE> 0 0
<INCOME-TAX-EXPENSE> 212 212
<OTHER-OPERATING-EXPENSES> 6,805 6,805
<TOTAL-OPERATING-EXPENSES> 7,017 7,017
<OPERATING-INCOME-LOSS> (7,017) (7,017)
<OTHER-INCOME-NET> 132,642 136,540
<INCOME-BEFORE-INTEREST-EXPEN> 125,625 129,523
<TOTAL-INTEREST-EXPENSE> 43,190 54,328
<NET-INCOME> 85,672 78,432
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 85,672 78,432
<COMMON-STOCK-DIVIDENDS> 57,725 57,725
<TOTAL-INTEREST-ON-BONDS> 36,699 49,889
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 2.32 2.12
<EPS-DILUTED> 2.32 2.12
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NATIONAL
FUEL GAS DISTRIBUTION CORPORATION'S FINANCIAL STATEMENTS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 1
<NAME> NATIONAL FUEL GAS DISTRIBUTION CORPORATION
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 787,794 787,794
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 163,686 163,686
<TOTAL-DEFERRED-CHARGES> 4,605 4,605
<OTHER-ASSETS> 164,461 164,461
<TOTAL-ASSETS> 1,120,546 1,120,546
<COMMON> 59,170 59,170
<CAPITAL-SURPLUS-PAID-IN> 121,668 121,668
<RETAINED-EARNINGS> 205,226 203,065
<TOTAL-COMMON-STOCKHOLDERS-EQ> 386,064 383,903
0 0
0 0
<LONG-TERM-DEBT-NET> 256,000 305,000
<SHORT-TERM-NOTES> 145,600 96,600
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0 0
<LONG-TERM-DEBT-CURRENT-PORT> 0 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 332,882 335,043
<TOT-CAPITALIZATION-AND-LIAB> 1,120,546 1,120,546
<GROSS-OPERATING-REVENUE> 931,673 931,673
<INCOME-TAX-EXPENSE> 25,125 23,961
<OTHER-OPERATING-EXPENSES> 841,089 841,089
<TOTAL-OPERATING-EXPENSES> 866,214 865,050
<OPERATING-INCOME-LOSS> 65,459 66,623
<OTHER-INCOME-NET> 1,580 1,580
<INCOME-BEFORE-INTEREST-EXPEN> 67,039 68,203
<TOTAL-INTEREST-EXPENSE> 29,475 32,800
<NET-INCOME> 37,564 35,403
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 37,564 35,403
<COMMON-STOCK-DIVIDENDS> 29,872 29,872
<TOTAL-INTEREST-ON-BONDS> 0 0
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NATIONAL
FUEL GAS SUPPLY CORPORATION'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 2
<NAME> NATIONAL FUEL GAS SUPPLY CORPORATION
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 440,810 440,810
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 81,315 113,115
<TOTAL-DEFERRED-CHARGES> 10,035 10,035
<OTHER-ASSETS> 19,101 19,101
<TOTAL-ASSETS> 551,261 583,061
<COMMON> 25,345 25,345
<CAPITAL-SURPLUS-PAID-IN> 35,894 35,894
<RETAINED-EARNINGS> 134,663 132,462
<TOTAL-COMMON-STOCKHOLDERS-EQ> 195,902 193,701
0 0
0 0
<LONG-TERM-DEBT-NET> 209,465 245,965
<SHORT-TERM-NOTES> 21,400 16,700
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0 0
<LONG-TERM-DEBT-CURRENT-PORT> 0 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 124,494 126,695
<TOT-CAPITALIZATION-AND-LIAB> 551,261 583,061
<GROSS-OPERATING-REVENUE> 155,879 155,879
<INCOME-TAX-EXPENSE> 18,680 17,495
<OTHER-OPERATING-EXPENSES> 92,034 92,034
<TOTAL-OPERATING-EXPENSES> 110,714 109,529
<OPERATING-INCOME-LOSS> 45,165 46,350
<OTHER-INCOME-NET> 1,257 1,257
<INCOME-BEFORE-INTEREST-EXPEN> 46,422 47,607
<TOTAL-INTEREST-EXPENSE> 15,771 19,157
<NET-INCOME> 30,651 28,450
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 30,651 28,450
<COMMON-STOCK-DIVIDENDS> 17,523 17,523
<TOTAL-INTEREST-ON-BONDS> 0 0
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SENECA
RESOURCES, INC.'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 3
<NAME> SENECA RESOURCES, INC.
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 308,666 308,666
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 15,781 15,781
<TOTAL-DEFERRED-CHARGES> 1,068 1,068
<OTHER-ASSETS> 716 716
<TOTAL-ASSETS> 326,231 326,231
<COMMON> 500 500
<CAPITAL-SURPLUS-PAID-IN> 104,035 104,035
<RETAINED-EARNINGS> 5,004 3,163
<TOTAL-COMMON-STOCKHOLDERS-EQ> 109,539 107,698
0 0
0 0
<LONG-TERM-DEBT-NET> 48,000 58,000
<SHORT-TERM-NOTES> 85,000 75,000
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0 0
<LONG-TERM-DEBT-CURRENT-PORT> 0 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 83,692 85,533
<TOT-CAPITALIZATION-AND-LIAB> 326,231 326,231
<GROSS-OPERATING-REVENUE> 71,503 71,503
<INCOME-TAX-EXPENSE> 3,282 2,291
<OTHER-OPERATING-EXPENSES> 49,336 49,336
<TOTAL-OPERATING-EXPENSES> 52,618 51,627
<OPERATING-INCOME-LOSS> 18,885 19,876
<OTHER-INCOME-NET> 107 107
<INCOME-BEFORE-INTEREST-EXPEN> 18,992 19,983
<TOTAL-INTEREST-EXPENSE> 6,939 9,771
<NET-INCOME> 15,919 14,078
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 15,919 14,078
<COMMON-STOCK-DIVIDENDS> 0 0
<TOTAL-INTEREST-ON-BONDS> 0 0
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UTILITY
CONSTRUCTORS, INC.'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 4
<NAME> UTILITY CONSTRUCTORS, INC.
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 4,509 4,509
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 5,078 11,578
<TOTAL-DEFERRED-CHARGES> 0 0
<OTHER-ASSETS> 2,464 2,464
<TOTAL-ASSETS> 12,051 18,551
<COMMON> 1 1
<CAPITAL-SURPLUS-PAID-IN> 5,959 5,959
<RETAINED-EARNINGS> (3,070) (3,546)
<TOTAL-COMMON-STOCKHOLDERS-EQ> 2,890 2,414
0 0
0 0
<LONG-TERM-DEBT-NET> 0 10,000
<SHORT-TERM-NOTES> 7,300 3,800
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0 0
<LONG-TERM-DEBT-CURRENT-PORT> 0 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,861 2,337
<TOT-CAPITALIZATION-AND-LIAB> 12,051 18,551
<GROSS-OPERATING-REVENUE> 13,589 13,589
<INCOME-TAX-EXPENSE> (411) (667)
<OTHER-OPERATING-EXPENSES> 15,662 15,662
<TOTAL-OPERATING-EXPENSES> 15,251 14,995
<OPERATING-INCOME-LOSS> (1,662) (1,406)
<OTHER-INCOME-NET> 628 628
<INCOME-BEFORE-INTEREST-EXPEN> (1,034) (778)
<TOTAL-INTEREST-EXPENSE> 255 987
<NET-INCOME> (2,003) (2,479)
0 0
<EARNINGS-AVAILABLE-FOR-COMM> (2,003) (2,479)
<COMMON-STOCK-DIVIDENDS> 0 0
<TOTAL-INTEREST-ON-BONDS> 0 0
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> OPUR1
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NATIONAL
FUEL RESOURCE, INC.'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SUBSIDIARY>
<NUMBER> 5
<NAME> NATIONAL FUEL RESOURCE, INC.
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> SEP-30-1994 SEP-30-1994
<PERIOD-START> OCT-01-1993 OCT-01-1993
<PERIOD-END> SEP-30-1994 SEP-30-1994
<BOOK-VALUE> PER-BOOK PRO-FORMA
<TOTAL-NET-UTILITY-PLANT> 13 13
<OTHER-PROPERTY-AND-INVEST> 0 0
<TOTAL-CURRENT-ASSETS> 7,718 17,718
<TOTAL-DEFERRED-CHARGES> 9 9
<OTHER-ASSETS> 542 542
<TOTAL-ASSETS> 8,282 18,282
<COMMON> 10 10
<CAPITAL-SURPLUS-PAID-IN> 3,490 3,490
<RETAINED-EARNINGS> 2,160 1,599
<TOTAL-COMMON-STOCKHOLDERS-EQ> 5,660 5,099
0 0
0 0
<LONG-TERM-DEBT-NET> 0 10,000
<SHORT-TERM-NOTES> 0 0
<LONG-TERM-NOTES-PAYABLE> 0 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0 0
<LONG-TERM-DEBT-CURRENT-PORT> 0 0
0 0
<CAPITAL-LEASE-OBLIGATIONS> 0 0
<LEASES-CURRENT> 0 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 2,622 3,183
<TOT-CAPITALIZATION-AND-LIAB> 8,282 18,282
<GROSS-OPERATING-REVENUE> 50,764 50,764
<INCOME-TAX-EXPENSE> 506 204
<OTHER-OPERATING-EXPENSES> 49,153 49,153
<TOTAL-OPERATING-EXPENSES> 49,659 49,357
<OPERATING-INCOME-LOSS> 1,105 1,407
<OTHER-INCOME-NET> 127 127
<INCOME-BEFORE-INTEREST-EXPEN> 1,232 1,534
<TOTAL-INTEREST-EXPENSE> 6 869
<NET-INCOME> 1,226 665
0 0
<EARNINGS-AVAILABLE-FOR-COMM> 1,226 665
<COMMON-STOCK-DIVIDENDS> 0 0
<TOTAL-INTEREST-ON-BONDS> 0 0
<CASH-FLOW-OPERATIONS> 0 0
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
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