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OHIO POWER COMPANY
COOK COAL TERMINAL
QUARTERLY REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 22977
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1999
CONTENTS
Page
Statements of Transfer Fee Billings 1
Summary of Costs Incurred 2
Rail Car Maintenance Facility
Report for the Year 1999 (Attachment)
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OHIO POWER COMPANY
COOK COAL TERMINAL
STATEMENTS OF TRANSFER FEE BILLINGS
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1999
<CAPTION>
October 1999 November 1999 December 1999
Billings Billings Billings
Tons Unit Price Amount Tons Unit Price Amount Tons Unit Price 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 . . . . . . - $1.54 $ - 83,203 $1.93 $ 161 83,265 $1.93 $ 161
Tanners Creek. . . . . . 47,414 $1.54 73 143,789 $1.93 278 48,130 $1.93 93
Indiana Michigan Power
Company and AEP
Generating Company:
Rockport Plant . . . . . 527,166 $1.54 812 543,988 $1.93 1,050 808,522 $1.93 1,560
SERVICE TO NON-AFFILIATES. . 379,533 675 326,023 452 397,315 601
TOTAL. . . . . . . . . . 954,113 $1,560 1,097,003 $1,941 1,337,232 $2,415
</TABLE>
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OHIO POWER COMPANY
COOK COAL TERMINAL
SUMMARY OF COSTS INCURRED
BY MONTH, FOR THE QUARTER ENDED DECEMBER 31, 1999
Three
Months
October November December Ended
1999 1999 1999 12/31/99
(in thousands)
Rents. . . . . . . . . $ 591 $ 589 $ 587 $1,767
Labor-UMW* . . . . . . 184 184 199 567
Benefits-UMW*. . . . . 122 127 240 489
Salaries and
Benefits-Nonunion. . 41 47 83 171
Materials & Supplies . 108 66 199 373
Billed Services. . . . 100 53 203 356
Taxes**. . . . . . . . 53 53 61 167
Administrative and
General. . . . . . . 95 180 (27) 248
Inventory
Adjustments***. . . . 5 78 16 99
Electricity. . . . . . 81 66 138 285
Cost-of-Capital. . . . 66 63 52 181
Total. . . . $1,446 $1,506 $1,751 $4,703
* United Mine Workers of America.
** Excludes FICA, Federal Unemployment and State Unemployment.
These costs are reflected in benefits.
*** Represents the net change in transfer costs assigned to coal
inventory at the terminal.
OHIO POWER COMPANY
COOK COAL TERMINAL
RAIL CAR MAINTENANCE FACILITY
ANNUAL REPORT PER REQUIREMENTS
OF HOLDING COMPANY ACT RELEASE NO. 22977 and 25427
FOR THE YEAR ENDED DECEMBER 31, 1999
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OHIO POWER COMPANY
COOK COAL TERMINAL
RAIL CAR MAINTENANCE FACILITY
STATEMENT OF BILLINGS AND COSTS INCURRED
FOR THE YEAR 1999
Affiliated Unaffiliated Total
(in thousands)
Revenues:
Indiana Michigan Power Company. $1,735 $ - $1,735
Ohio Power Company. . . . . . . 238 - 238
Ohio Valley Electric Company. . 53 - 53
Unaffiliated Companies. . . . . - 330 330
Total Revenues. . . . . . . . 2,026 330 2,356
Cost of Sales:
Labor . . . . . . . . . . . . . 151 65 216
Material. . . . . . . . . . . . 721 71 792
Overheads . . . . . . . . . . . 1,154 194 1,348
Total Cost of Sales . . . . . 2,026 330 2,356
Gross Margin. . . . . . . . . . . $ - $ - $ -
Affiliated work is recognized as revenue and billed one month after
the costs are incurred. Work for unaffiliated companies is
recognized as revenue one month after the costs are incurred, but
billed when the work is completed.
The above cost of sales does not include $477,000 of deferred
expenses as of December 31, 1999 related to December work performed
but not yet billed.
