<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
THE PURPOSE OF THIS AMENDMENT IS TO PROPERLY INCLUDE THE FINANCIAL DATA SCHEDULE
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended September 30, 1994
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from ........ to ........
Commission file number 0-82
NORTH CAROLINA NATURAL GAS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 56-0646235
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
150 Rowan Street, Fayetteville, North Carolina 28301
(Address of principal executive offices)
(Zip Code)
(910) 483-0315
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered
Common stock,par value New York Stock Exchange
$2.50 per share
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant (1) had filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) had
been subject to such filing requirements for the past 90 days.
Yes [ X ] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy
or information statements incorporated by reference in Part III of
this Form 10-K or any amendment to this Form 10-K. [ X ]
Estimated aggregate market value of the voting stock held by
nonaffiliates of the registrant at November 25, 1994 $140,859,786
Number of shares of Common Stock outstanding at November 25, 1994 .....
6,366,544
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Proxy Statement dated December 5, 1994 relating to the
January 10, 1995 Annual Meeting of Shareholders, are incorporated by
reference into Part III of this annual report.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
and Exchange Act of 1934, the Registrant has duly caused this Report to be
signed on its behalf by the undersigned, thereunto duly authorized.
NORTH CAROLINA NATURAL GAS CORPORATION
AND SUBSIDIARIES
(Registrant)
By: s/Calvin B. Wells
------------------
Calvin B. Wells
Chairman, President and
Chief Executive Officer
December 13, 1994:
Pursuant to the requirements of the Securities Exchange Act of 1934,
this Report has been signed below by the following persons on behalf of
the Registrant and in the capacities and on the date indicated.
Signature Title
--------- -------
s/Calvin B. Wells Chairman, President, Chief Executive
- ----------------------------- (Principal Executive Officer)
Calvin B. Wells
s/Gerald A. Teele Senior Vice President and Chief
- ----------------------------- Financial Officer
Gerald A. Teele (Principal Financial Officer)
s/Charles W. Siska, Jr. Controller
- ----------------------------- (Principal Accounting Officer)
Charles W. Siska, Jr.
s/ George T. Clark, Jr. s/William H. Prestage
- ----------------------------- ----------------------------
George T. Clark, Jr.-Director William H. Prestage-Director
s/C. Felix Harvey s/Paul A. DelaCourt
- ----------------------------- ----------------------------
C. Felix Harvey-Director Paul A. DelaCourt-Director
s/Richard F. Waid s/Hector MacLean
- ----------------------------- ----------------------------
Richard F. Waid-Director Hector MacLean-Director
<PAGE> 3
NORTH CAROLINA NATURAL GAS CORPORATION
INDEX OF EXHIBITS
The following exhibits are filed as part of this 1994 Form 10-K report.
Those exhibits previously filed and incorporated herein by reference are
identified below by a note reference to the previous filing.
Exhibit
Number
3-1 - Certificate of Incorporation and By-Laws. (1)
3-2 - Amendments of Certificate of Incorporation and By-Laws. (4)
3-3 - Amendment of Certificate of Incorporation. (10)
4-1 - Indenture dated as of September 1, 1984, covering 12 7/8%
Debentures Series A due September 1, 1996. (3)
4-2 - First Supplemental Indenture dated as of June 15, 1986,
supplementing Indenture dated as of September 1, 1984,
and creating 8.75% Debentures, Series B due June 15, 2001.
(6)
4-3 - Second Supplemental Indenture dated as of November 1,
1991, supplementing Indenture dated as of September 1,
1984, and creating 9.21% Debentures, Series C due November
15, 2011. (10)
10-1 - Service Agreement dated August 31, 1967, with
Transcontinental Gas Pipe Line Corporation covering
storage service under Rate Schedule GSS. (1)
10-2 - Service Agreement dated August 2, 1974, with
Transcontinental Gas Pipe Line Corporation covering
storage service under Rate Schedule LG-A. (1)
10-3 - Precedent Agreement to provide Contract Demand Service
of 25,000 Dt/day dated December 19, 1988, with Columbia
Gas Transmission Corporation. (7)
10-4 - Contract Demand Service Agreement dated November 1, 1989,
with Columbia Gas Transmission Corporation.(8)
10-5 - Firm Seasonal Transportation Agreement dated July 2, 1990,
with Transcontinental Gas Pipe Line Corporation.(8)
10-6 - Service Agreement dated August 1, 1991, with
Transcontinental Gas Pipeline Corporation covering
storage service under Rate Schedule WSS (9)
10-7 - Firm Sales Agreement with Transcontinental Gas Pipe Line
Corporation dated August 1, 1991 covering 54,043 Mcf per
day.(9)
<PAGE> 4
Index of Exhibits (Continued)
10-8 - Firm Transportation Agreement with Transcontinental Gas
Pipe Line Corporation dated February 1, 1991 for 141,000
Mcf per day. (10)
10-9 - Supplemental Retirement Benefit Agreement dated January
13, 1981. (2)
10-10 - Employment Agreements executed in 1985 with certain
Executive Officers. (5)
10-11 - Employment Agreements executed in 1986 with certain
Executive Officers. (6)
10-15 - Natural Gas Service Agreement dated January 9, 1992 with
the City of Wilson. (10)
10-16 - Natural Gas Service Agreement dated January 13, 1992 with
the City of Rocky Mount. (10)
10-17 - Service Area Territory Agreement dated January 13, 1992
with the City of Rocky Mount. (10)
10-18 - Natural Gas Service Agreement dated March 12, 1992 with
the Greenville Utilities Commission. (10)
10-19 - Natural Gas Service Agreement dated March 27, 1992 with
the City of Monroe. (10)
10-20 - Amendment to Natural Gas Service Agreement dated March 27,
1992 with the City of Greenville Utilities Commission.
10-21 - Amendment to Natural Gas Service Agreement dated January
13, 1992 with the City of Rocky Mount.
24 - Consent of Experts
27 - Financial Data Schedule
NOTES:
(1) Filed as exhibits to Form 10-K report for fiscal year ended
September 30, 1980.
(2) Filed as exhibits to Form 10-K report for fiscal year
ended September 30, 1981.
(3) Filed as exhibit to Form 10-K report for fiscal year
ended September 30, 1984.
(4) Filed as exhibits to Form 8-K report dated February 6, 1985.
<PAGE> 5
Index of Exhibits (Continued)
(5) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1985.
(6) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1986.
(7) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1989.
(8) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1990.
(9) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1991.
(10) Filed as exhibit to Form 10-K report for fiscal year ended
September 30, 1992.
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<FISCAL-YEAR-END> SEP-30-1994
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0
<LONG-TERM-DEBT-NET> 37,000
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<TOTAL-OPERATING-EXPENSES> 145,934
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<INCOME-BEFORE-INTEREST-EXPEN> 15,205
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<EARNINGS-AVAILABLE-FOR-COMM> 11,150
<COMMON-STOCK-DIVIDENDS> 7,216
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