NORTH CAROLINA NATURAL GAS CORP
10-12G, EX-27, 2000-07-21
NATURAL GAS TRANSMISISON & DISTRIBUTION
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<TABLE> <S> <C>

<PAGE>

<ARTICLE> UT
<CIK> 0000072596
<NAME> NORTH CAROLINA NATURAL GAS CORP.
<MULTIPLIER> 1,000

<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   OTHER                   OTHER
<FISCAL-YEAR-END>                          DEC-31-2000             DEC-31-1999             JUL-14-1999
<PERIOD-START>                             JAN-01-2000             JUL-15-1999             OCT-01-1998
<PERIOD-END>                               MAR-31-2000             DEC-31-1999             JUL-14-1999
<BOOK-VALUE>                                  PER-BOOK                PER-BOOK                PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      261,637                 259,184                 248,490
<OTHER-PROPERTY-AND-INVEST>                     11,173                  11,170                   8,323
<TOTAL-CURRENT-ASSETS>                          39,964                  49,023                  40,957
<TOTAL-DEFERRED-CHARGES>                       245,887                 248,059                   2,568
<OTHER-ASSETS>                                       0                       0                       0
<TOTAL-ASSETS>                                 558,661                 567,436                 300,338
<COMMON>                                             0                       0                  25,590
<CAPITAL-SURPLUS-PAID-IN>                      365,102                 363,723                  37,651
<RETAINED-EARNINGS>                             10,228                   1,379                  63,315
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 375,330                 365,102                 126,556
                                0                       0                       0
                                          0                       0                       0
<LONG-TERM-DEBT-NET>                                 0                       0                  52,500
<SHORT-TERM-NOTES>                             110,263                 134,983                       0
<LONG-TERM-NOTES-PAYABLE>                            0                       0                  47,000
<COMMERCIAL-PAPER-OBLIGATIONS>                       0                       0                       0
<LONG-TERM-DEBT-CURRENT-PORT>                        0                       0                   2,500
                            0                       0                       0
<CAPITAL-LEASE-OBLIGATIONS>                          0                       0                       0
<LEASES-CURRENT>                                     0                       0                       0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                  73,068                  67,351                  71,782
<TOT-CAPITALIZATION-AND-LIAB>                  558,661                 567,436                 300,338
<GROSS-OPERATING-REVENUE>                       81,956                 101,504                 169,787
<INCOME-TAX-EXPENSE>                             6,438                   2,761                  10,137
<OTHER-OPERATING-EXPENSES>                      64,340                  94,745                 145,702
<TOTAL-OPERATING-EXPENSES>                      70,778                  97,506                 155,839
<OPERATING-INCOME-LOSS>                         17,616                   6,759                  24,085
<OTHER-INCOME-NET>                                 318                     730                     324
<INCOME-BEFORE-INTEREST-EXPEN>                  17,934                   7,489                  24,409
<TOTAL-INTEREST-EXPENSE>                         1,268                   3,349                   3,589
<NET-INCOME>                                    10,228                   1,379                  10,683
                          0                       0                       0
<EARNINGS-AVAILABLE-FOR-COMM>                   10,228                   1,379                  10,683
<COMMON-STOCK-DIVIDENDS>                             0                       0                       0
<TOTAL-INTEREST-ON-BONDS>                            0                       0                       0
<CASH-FLOW-OPERATIONS>                          32,281                (11,632)                  25,618
<EPS-BASIC>                                    102,280                  13,790                    1.05
<EPS-DILUTED>                                  102,280                  13,790                    1.05


</TABLE>


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