OHIO POWER COMPANY
COOK COAL TERMINAL
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 22977
BY MONTH, FOR THE QUARTER ENDED MARCH 31, 1997
CONTENTS
Page
Statements of Transfer Fee Billings 1
Summary of Costs Incurred 2
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OHIO POWER COMPANY
COOK COAL TERMINAL
STATEMENTS OF TRANSFER FEE BILLINGS
BY MONTH, FOR THE QUARTER ENDED MARCH 31, 1997
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January 1997 February 1997 March 1997
Tons Fee Amount Tons Fee Amount Tons Fee Amount
(per ton) (000) (per ton) (000) (per ton) (000)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SERVICE TO AFFILIATES
Indiana-Kentucky Electric
Corp:
Clifty Creek . . . . . - - - - - - 13,879 $1.53 $ 21
Indiana Michigan Power
Company and AEP Generating
Company:
Rockport Plant . . . . 914,121 $1.53 $1,396 794,877 $1.53 $1,219 340,077 $1.53 520
SERVICE TO NON-AFFILIATES 192,607 $1.27 245 191,746 $1.37 262 266,746 $1.31 351
TOTAL. . . . . . . . . 1,106,728 $1,641 986,623 $1,481 620,702 $892
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OHIO POWER COMPANY
COOK COAL TERMINAL
SUMMARY OF COSTS INCURRED
BY MONTH, FOR THE QUARTER ENDED MARCH 31, 1997
Three
Months
January February March Ended
1997 1997 1997 3/31/97
(in thousands)
Rents. . . . . . . . . . . . . . $ 589 $ 586 $ 585 $1,760
Labor-UMW* . . . . . . . . . . . 174 151 193 518
Benefits-UMW*. . . . . . . . . . 124 99 59 282
Salaries and Benefits-Nonunion . 60 45 59 164
Material & Supplies. . . . . . . (341)(a) 111 124 (106)
Billed Services. . . . . . . . . (111)(b) 95 286 270
Taxes**. . . . . . . . . . . . . 66 54 60 180
Administrative and General . . . 100 237 160 497
Inventory Adjustments*** . . . . 34 17 (22) 29
Electricity. . . . . . . . . . . 75 72 64 211
Cost-of-Capital. . . . . . . . . 35 30 51 116
Total. . . . . . . . . $ 805 $1,497 $1,619 $3,921
* United Mine Workers of America.
** Excludes FICA, Federal Unemployment and State Unemployment. These
costs are reflected in employee benefits.
*** Represents the net change in transfer costs assigned to coal inventory
at the terminal.
(a) Includes a credit of $582,000 to reverse the December 31, 1996 accrual
for unvouchered invoices that will be paid in subsequent months.
(b) Includes a credit of $157,000 to reverse the December 31, 1996 accrual
for unvouchered invoices that will be paid in subsequent months.
