SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
X Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
or
Transition Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For Quarter Ended September 30, 1995
Commission File Number 1-3034
NORTHERN STATES POWER COMPANY
(Exact name of registrant as specified in its charter)
Minnesota 41-0448030
(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
414 Nicollet Mall, Minneapolis, Minnesota 55401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (612) 330-5500
None
Former name, former address and former fiscal year, if changed
since last report
Indicate by check mark whether the registrant (1) has 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) has been subject to such filing
requirements for the past 90 days.
Yes X No
_____ _____
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable
date.
Class Outstanding at October 31, 1995
Common Stock, $2.50 par value 68,099,395 shares
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits
The following Exhibits are filed with this report:
27.01 Financial Data Schedule for the nine months ended
September 30, 1995.
The following Exhibits are incorporated herein by reference:
2.01 Amended and Restated Agreement and Plan of Merger, dated as
of April 28, 1995, as amended and restated as of July 26,
1995, by and among Northern States Power Company, Wisconsin
Energy Corporation, Northern Power Wisconsin Corp. and WEC
Sub Corp. (Exhibit (2)-1 to Northern Power Wisconsin
Corporation's Registration Statement on Form S-4 filed on
August 7, 1995, Registration No. 33-61619-01.)
(b) Reports on Form 8-K
The following reports on Form 8-K were filed either during
the three months ended September 30, 1995, or between September
30, 1995 and the date of this report:
September 1, 1995 (Filed September 13, 1995) - Item 5.
Other Events. Disclosure of an acquisition of Energy
Masters Corporation, a non-regulated company specializing
in energy efficiency improvement services, and disclosure
of the 1995 earnings outlook.
September 13, 1995 - Item 5. Other Events. Disclosure of
the shareholders vote approving the plan of merger between
NSP and WEC by both NSP and WEC shareholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
NORTHERN STATES POWER COMPANY
(Registrant)
(Roger D. Sandeen)
Roger D. Sandeen
Vice President, Controller and
Chief Information Officer
(Edward J. McIntyre)
Edward J. McIntyre
Vice President and Chief Financial
Officer
Date: January 4, 1996
EXHIBIT INDEX
Method of Exhibit
Filing No. Description
DT 27.01 Financial Data Schedule
DT = Filed electronically with this direct transmission.
<TABLE> <S> <C>
<ARTICLE> UT
Exhibit 27.01
<LEGEND>
This schedule contains summary financial information extracted from the
Consolidated Statements of Income, Consolidated Balance Sheets and Consolidated
Statements of Cash Flows and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> SEP-30-1995
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 4,281,729
<OTHER-PROPERTY-AND-INVEST> 646,123
<TOTAL-CURRENT-ASSETS> 624,999
<TOTAL-DEFERRED-CHARGES> 378,638
<OTHER-ASSETS> 141,789
<TOTAL-ASSETS> 6,073,278
<COMMON> 169,759
<CAPITAL-SURPLUS-PAID-IN> 587,162
<RETAINED-EARNINGS> 1,255,785
<TOTAL-COMMON-STOCKHOLDERS-EQ> 2,003,144<F1>
0
240,469
<LONG-TERM-DEBT-NET> 1,545,244
<SHORT-TERM-NOTES> 248
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 139,200
<LONG-TERM-DEBT-CURRENT-PORT> 167,917
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,967,494<F1>
<TOT-CAPITALIZATION-AND-LIAB> 6,073,278
<GROSS-OPERATING-REVENUE> 1,915,816
<INCOME-TAX-EXPENSE> 124,621<F2>
<OTHER-OPERATING-EXPENSES> 1,536,840
<TOTAL-OPERATING-EXPENSES> 1,648,364
<OPERATING-INCOME-LOSS> 267,452
<OTHER-INCOME-NET> 56,273<F2>
<INCOME-BEFORE-INTEREST-EXPEN> 310,628
<TOTAL-INTEREST-EXPENSE> 93,824
<NET-INCOME> 216,804
9,388
<EARNINGS-AVAILABLE-FOR-COMM> 207,416
<COMMON-STOCK-DIVIDENDS> 134,822
<TOTAL-INTEREST-ON-BONDS> 84,110
<CASH-FLOW-OPERATIONS> 483,207
<EPS-PRIMARY> $3.09
<EPS-DILUTED> 0
<FN>
<F1> $(9,562) thousand of Common Stockholders' Equity is classified as Other
Items-Capitalization and Liabilities. This represents the net of leveraged
common stock held by the Employee Stock Ownership Plan and the currency
translation adjustments.
<F2> $13.097 million of non-operating income taxes are classified as Income Tax
Expense. The financial statement presentation includes them as a component of
Other Income (expense) - Net.
</FN>
</TABLE>
