<PAGE>
Adopted November 9, 1939 FILE NO._____
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM U-3A-2
STATEMENT BY HOLDING COMPANY CLAIMING EXEMPTION
UNDER RULE U-3A-2 FROM THE PROVISIONS OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
To be Filed Annually Prior to March 1
OKLAHOMA GAS AND ELECTRIC COMPANY
hereby files with the Securities and Exchange Commission, pursuant to
Rule 2, its statement claiming exemption as a holding company from the
provisions of the Public Utility Holding Company Act of 1935, and
submits the following information:
1. Name, State of organization, location and nature of business
of claimant and every subsidiary thereof, other than any exempt
wholesale generator (EWG) or foreign utility company in which claimant
directly or indirectly holds an interest.
Oklahoma Gas and Electric Company (the "Company") was
incorporated February 27, 1902, under the laws of the Territory of
Oklahoma and is now existing under and by virtue of the laws of the
State of Oklahoma.
The Company is predominantly an operating electric public
utility. Its operations are conducted principally in the State of
Oklahoma and do not extend beyond the State and the contiguous State
of Arkansas. Its business is more fully described in its most recent
Form 10-K Annual Report (File No. 1-1097) on file with the Commission.
The Arklahoma Corporation may be considered to be a subsidiary
because the Company owns one hundred seventy shares of the common
stock of The Arklahoma Corporation, out of a total five hundred shares
of such stock outstanding, in accordance with the plan set forth in
the joint Application-Declaration of Form U-1 filed with the
-1-
<PAGE>
Commission (File No. 70-1673) to which reference is hereby made. The
Arklahoma Corporation is organized under the laws of the State of
Arkansas. It is an electric public utility organized for the purpose
of owning and leasing certain electric transmission facilities in the
States of Arkansas and Oklahoma.
The Company had one wholly-owned subsidiary, Enogex Inc.
Enogex Inc. had five wholly-owned subsidiaries: Enogex Products
Corporation, Enogex Services Corporation, Enogex Exploration
Corporation, ENGL Corporation and Clinton Gas Transmission Inc.
Enogex Inc. and each of its subsidiaries were incorporated under the
laws of the State of Oklahoma. Enogex Inc. owns and operates a
natural gas pipeline system that delivers natural gas to the Company's
electric generating units. By order of the Commission dated August
28, 1986 (Release No. 35-24174), the Commission ordered that Enogex
Inc. was not a gas utility company within the meaning of Section
2(a)(4) of the Public Utility Holding Company Act of 1935, as amended
(the "Act"). The subsidiaries of Enogex Inc.: own and operate gas
processing plants in Oklahoma; are engaged in the processing of
natural gas and the marketing of natural gas liquids; are engaged in
the buying, selling and brokering of natural gas; and are engaged in
the exploration for and production of natural gas. The subsidiaries
of Enogex Inc. are not "public utility companies" within the meaning
of the Act.
2. A brief description of the properties of claimant and each of
its subsidiary public utility companies used for the generation,
transmission, and distribution of electric energy for sale, or for the
production, transmission, and distribution of natural or manufactured
gas, indicating the location of principal generating plants,
transmission lines, producing fields, gas manufacturing plants, and
electric and gas distribution facilities, including all such
properties which are outside the State in which claimant and its
subsidiaries are organized and all transmission or pipelines which
deliver or receive electric energy or gas at the borders of such
State.
-2-
<PAGE>
The principal properties of Oklahoma Gas and Electric Company
are described in the above mentioned Form 10-K Annual Report (File No.
1-1097) on file with the Commission. The principal properties of The
Arklahoma Corporation consist of electrical transmission facilities,
including a 161 KV transmission line extending 166 miles from Boudinot
Tap near Tahlequah, Oklahoma, to Substation "A" located at Lake
Catherine, Arkansas.
3. The following information for the last calendar year with
respect to claimant and each of its subsidiary public utility
companies:
(a) Number of Kwh of electric energy sold (at retail or
wholesale), and Mcf of natural or manufactured gas distributed at
retail.
23,305,510,000 Kwh by Oklahoma Gas and Electric Company
None by The Arklahoma Corporation
(b) Number of Kwh of electric energy and Mcf of natural or
manufactured gas distributed at retail outside the State in which each
such company is organized.
1,961,461,000 Kwh by Oklahoma Gas and Electric Company
None by The Arklahoma Corporation
(c) Number of Kwh of electric energy and Mcf of natural or
manufactured gas sold at wholesale outside the State in which each
such company is organized, or at the State line.
3,483,126,000 Kwh by Oklahoma Gas and Electric Company
None by The Arklahoma Corporation
(d) Number of Kwh of electric energy and Mcf of natural or
manufactured gas purchased outside the State in which each such
company is organized or at the State line.
143,123,000 Kwh by Oklahoma Gas and Electric Company
None by The Arklahoma Corporation
4. The following information for the reporting period with
respect to claimant and each interest it holds directly or indirectly
in an EWG or a foreign utility company, stating monetary amounts in
United States dollars:
(a) Name, location, business address and description of the
facilities used by the EWG or foreign utility company for the
generation, transmission and distribution of electric energy for sale
or for the distribution at retail of natural or manufactured gas.
-3-
<PAGE>
(b) Name of each system company that holds an interest in such
EWG or foreign utility company; and description of the interest held.
(c) Type and amount of capital invested, directly or indirectly,
by the holding company claiming exemption; any direct or indirect
guarantee of the security of the EWG or foreign utility company by the
holding company claiming exemption; and any debt or other financial
obligation for which there is recourse, directly or indirectly, to the
holding company claiming exemption or another system company, other
than the EWG or foreign utility company.
(d) Capitalization and earnings of the EWG or foreign utility
company during the reporting period.
(e) Identify any service, sales or construction contract(s)
between the EWG or foreign utility company and a system company, and
describe the services to be rendered or goods sold and fees or
revenues under such agreement(s).
Item 4 is not applicable. The Company does not hold directly or
indirectly any interest in an EWG or a foreign utility company.
EXHIBITS
A. Consolidating Statement of Income and Retained Earnings
for the year ended December 31, 1993, and Consolidating
Balance Sheet as of December 31, 1993, for Oklahoma Gas
and Electric Company and its subsidiary companies.
B. An organizational chart showing the relationship of each EWG
or foreign utility company to associate companies in the
holding-company system.
Exhibit B is not applicable. The Company does not hold
directly or indirectly any interest in an EWG or a foreign
utility company.
-4-
<PAGE>
The above-named claimant has caused this statement to be duly
executed on its behalf by its authorized officer on this 28th day of
February 1994.
OKLAH0MA GAS AND ELECTRIC COMPANY
BY: B. G. Bunce
Senior Vice President
Accounting and Administration
CORPORATE SEAL
Attest:
Irma B. Elliott
Secretary
Name, title and address of officer to whom notices and
correspondence concerning this statement should be addressed:
J. G. HARLOW JR., CHAIRMAN OF THE BOARD AND PRESIDENT
------------------------------------------------------
P O BOX 321, OKLAHOMA CITY, OKLAHOMA 73101-0321
------------------------------------------------
-5-
<PAGE>
Exhibit A
Oklahoma Gas and Electric Company
Consolidating Statement of Income
12 Months Ended December 31, 1993
<TABLE>
<CAPTION>
Oklahoma Enogex Clinton The OG&E
(dollars in thousands Gas and Enogex Enogex Explor- Gas Arkla- Consolid- Consoli-
except per share data) Electric Enogex Products Services ation ENGL Transmis- homa ating Ad- dated
Company Inc. Corp. Corp. Corp. Corp. sion Inc. Corp. justments Statement
---------- ------- ------- -------- ------- ------ -------- ------- --------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
OPERATING REVENUES . . . . . $1,282,816 $65,086 $11,927 $108,631 $ 2,042 $ 751 $36,972 $ 9 ($60,982) $1,447,252
OPERATING EXPENSES:
Fuel . . . . . . . . . . . 438,146 - - - - - - - (54,939) 383,207
Purchased power . . . . . . 218,689 - - - - - - - - 218,689
Gas purchased for resale . - 3,701 2,121 106,393 - 1,298 36,101 - (9,303) 140,311
Other operation . . . . . . 166,627 20,940 2,852 1,660 1,054 (810) 731 7 3,262 196,323
Maintenance . . . . . . . . 76,787 1,040 598 - - 240 - - - 78,665
Depreciation . . . . . . . 104,343 13,141 891 27 945 121 75 - - 119,543
Current income taxes . . . 64,646 9,032 2,129 93 (3,637) (357) 97 - - 72,003
Deferred income taxes, net. 3,268 (1,028) 42 (24) 2,833 233 (38) - - 5,286
Deferred investment tax . .
credits, net . . . . . . . (5,150) - - - - - - - - (5,150)
Taxes other than income . . 39,463 3,460 182 65 7 16 29 - - 43,222
---------- ------- ------- -------- ------- ------ ------- ---- -------- ----------
Total operating expenses . 1,106,819 50,286 8,815 108,214 1,202 741 36,995 7 (60,980) 1,252,099
OPERATING INCOME . . . . . . 175,997 14,800 3,112 417 840 10 (23) 2 (2) 195,153
OTHER INCOME AND DEDUCTIONS:
Interest income . . . . . . 1,922 1,481 45 32 2 1 24 - (2,076) 1,431
Other . . . . . . . . . . . (2,795) 137 158 (271) 5 - 34 - - (2,732)
Income from subsidiaries . 9,547 3,552 - - - - - - (13,099) -
---------- ------- ------- -------- ------- ------ ------- ---- -------- ----------
Net other income and
deductions . . . . . . . 8,674 5,170 203 (239) 7 1 58 - (15,175) (1,301)
INTEREST CHARGES:
Interest on long-term debt. 61,397 9,093 - - - - - - - 70,490
Allowance for borrowed
funds used during
construction . . . . . . (433) - - - - - - - - (433)
Other . . . . . . . . . . . 9,430 909 304 86 643 222 - - (2,076) 9,518
---------- ------- ------- -------- ------- ------ ------- ---- -------- ----------
Total interest charges, net 70,394 10,002 304 86 643 222 - - (2,076) 79,575
NET INCOME (loss). . . . . . 114,277 9,968 3,011 92 204 (211) 35 2 (13,101) 114,277
PREFERRED DIVIDEND REQUIREMENTS 2,317 - - - - - - - - 2,317
--------- ------- ------- -------- ------- ------ ------- ---- -------- ----------
EARNINGS AVAILABLE FOR COMMON $ 111,960 $ 9,968 $ 3,011 $ 92 $ 204 ($ 211) $ 35 $ 2 ($13,101) $ 111,960
========= ======= ======= ======== ======= ====== ======= ==== ======== ==========
AVERAGE COMMON SHARES
OUTSTANDING (thousands). . 40,328 40,328
EARNINGS PER AVERAGE
COMMON SHARE . . . . . . . $2.78 $2.78
</TABLE>
<PAGE>
Exhibit A
Oklahoma Gas and Electric Company
Consolidating Statement of Retained Earnings
12 Months Ended December 31, 1993
<TABLE>
<CAPTION>
Oklahoma Enogex Clinton The OG&E
(dollars in thousands) Gas and Enogex Enogex Explor- Gas Arkla- Consolid- Consoli-
Electric Enogex Products Services ation ENGL Transmis- homa ating Ad- dated
Company Inc. Corp. Corp. Corp. Corp. sion Inc. Corp. justments Statement
-------- ------- ------- -------- ------- ----- -------- ------- ---------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BALANCE AT BEGINNING OF PERIOD $391,135 $ 3,619 ($1,235) ($1,109) ($876) ($ 21) $ - $631 ($ 1,009) $391,135
ADD - net income (loss) . . . . 114,277 9,968 3,011 92 204 (211) 35 2 (13,101) 114,277
-------- ------- ------- ------- ----- ----- ------ ---- -------- --------
Total . . . . . . . . . . . 505,412 13,587 1,776 (1,017) (672) (232) 35 633 (14,110) 505,412
DEDUCT:
Cash dividends declared
on preferred stock . . . . 2,317 - - - - - - - - 2,317
Cash dividends declared
on common stock . . . . . . 107,284 9,358 2,494 - - - 23 - (11,875) 107,284
-------- ------- ------- ------- ----- ----- ------ ---- -------- --------
Total . . . . . . . . . . . 109,601 9,358 2,494 - - - 23 - (11,875) 109,601
-------- ------- ------- ------- ----- ----- ------ ---- -------- --------
BALANCE AT END OF PERIOD . . .$395,811 $ 4,229 ($ 718) ($1,017) ($672) ($232) $ 12 $633 ($ 2,235) $395,811
======== ======= ======= ======= ===== ===== ====== ==== ======== ========
</TABLE>
<PAGE>
Exhibit A
Oklahoma Gas and Electric Company
Consolidating Balance Sheet
December 31, 1993
<TABLE>
<CAPTION>
Oklahoma Enogex Clinton The OG&E
(dollars in thousands) Gas and Enogex Enogex Explor- Gas Arkla- Consolid- Consoli-
Electric Enogex Products Services ation ENGL Transmis- homa ating Ad- dated
Company Inc. Corp. Corp. Corp. Corp. sion Inc. Corp. justments Statement
---------- -------- ------- -------- ------- ------ -------- ------- ---------- -----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ASSETS
PROPERTY, PLANT &
EQUIPMENT:
In service . . . . . . . .$3,342,733 $265,217 $17,383 $ 222 $25,500 $4,942 $ 116 $2,562 ($ 2,562) $3,656,113
Construction work in
progress . . . . . . . . 30,059 2,257 15 - - 1,639 - - - 33,970
---------- -------- ------- ------- ------- ------ ------ ------ -------- ----------
Total property, plant
and equipment . . . . . . 3,372,792 267,474 17,398 222 25,500 6,581 116 2,562 (2,562) 3,690,083
Less accumulated
depreciation . . . . . 1,300,475 64,062 3,835 126 1,526 121 82 2,249 (2,249) 1,370,227
---------- -------- ------- ------- ------- ------ ------ ------ -------- ----------
Net property, plant and
equipment . . . . . . . . 2,072,317 203,412 13,563 96 23,974 6,460 34 313 (313) 2,319,856
OTHER PROPERTY AND
INVESTMENTS, at cost . . . 108,994 20,235 - - - - - - (122,309) 6,920
CURRENT ASSETS:
Cash and cash equivalents . 458 1,028 - 4,781 - - 471 557 (702) 6,593
Accounts receivable -
customers, less
reserve of $4,070 . . . . 110,086 35,695 1,017 10,641 5 173 4,522 - (35,142) 126,997
Accrued unbilled revenues . 45,100 - - - - - - - - 45,100
Accounts receivable-other 10,636 798 14 4 - - - 126 (5,309) 6,269
Fuel inventories, at
LIFO cost . . . . . . . . 19,931 - 5,470 - - 1,726 - - - 27,127
Materials and supplies, at
average cost . . . . . . 23,935 2,850 28 - - - - - - 26,813
Prepayments and other . . . 27,828 695 8 - 9 2 106 1 (1) 28,648
Accumulated deferred
tax assets . . . . . . . 23,724 364 24,088
---------- -------- ------- ------- ------- ------ ------ ------ -------- ----------
Total current assets . . 261,698 41,430 6,537 15,426 14 1,901 5,099 684 (41,154) 291,635
DEFERRED CHARGES:
Advance payments for gas . 21,165 - - - - - - - - 21,165
Income taxes recoverable -
future rates . . . . . . 47,593 - - - - - - - - 47,593
Other . . . . . . . . . . . 40,343 2,384 4,281 1,006 210 - 648 - (4,617) 44,255
---------- -------- ------- ------- ------- ------ ------ ------ -------- ----------
Total deferred charges . 109,101 2,384 4,281 1,006 210 - 648 - (4,617) 113,013
TOTAL ASSETS . . . . . . . $2,552,110 $267,461 $24,381 $16,528 $24,198 $8,361 $5,781 $ 997 ($168,393) $2,731,424
========== ======== ======= ======= ======= ====== ====== ====== ======== ==========
</TABLE>
<PAGE>
Exhibit A
Oklahoma Gas and Electric Company
Consolidating Balance Sheet
December 31, 1993
<TABLE>
<CAPTION>
Oklahoma Enogex Clinton The OG&E
(dollars in thousands) Gas and Enogex Enogex Explor- Gas Arkla- Consolid- Consoli-
Electric Enogex Products Services ation ENGL Transmis- homa ating Ad- dated
Company Inc. Corp. Corp. Corp. Corp. sion Inc. Corp. justments Statement
---------- -------- ------- -------- ------- ------ -------- -------- ---------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common stock and retained
earnings . . . . . . . .$1,120,183 $ 97,516 $10,374 ($ 1,015) $12,079 $3,019 $ 337 $ 684 ($122,994) $1,120,183
Cummulative preferred
stock . . . . . . . . . . 49,973 - - - - - - - - 49,973
Treasury stock . . . . . . (213,379) - - - - - - - - (213,379)
Long-term debt . . . . . . 748,660 90,000 - - - - - - - 838,660
---------- -------- ------- ------- ------- ------ ------ ------ --------- ----------
Total capitalization . . . 1,705,437 187,516 10,374 (1,015) 12,079 3,019 337 684 (122,994) 1,795,437
CURRENT LIABILITIES:
Short-term debt . . . . . . 47,000 - - - - - - - - 47,000
Accounts payable . . . . . 77,993 16,702 9,923 17,387 8,110 5,109 5,531 313 (40,783) 100,285
Dividends payable . . . . . 27,410 - - - - - - - - 27,410
Customers' deposits . . . . 19,352 1 - - - - - - - 19,353
Accrued taxes . . . . . . . 23,294 1,378 44 (5) - - 6 - - 24,717
Accrued interest . . . . . 23,714 2,998 - - - - - - - 26,712
Long-term debt due
within one year . . . . . 350 - - - - - - - - 350
Accumulated provision for
rate refunds . . . . . . 39,117 - - - - - - - - 39,117
Other . . . . . . . . . . . 47,596 1,070 - - - - - - - 48,666
---------- -------- ------- ------- ------- ------ ------ ------ --------- ----------
Total current liabilities 305,826 22,149 9,967 17,382 8,110 5,109 5,537 313 (40,783) 333,610
DEFERRED CREDITS AND OTHER
LIABILITIES:
Accrued pension and
benefit obligation . . . 16,210 - - - - - - - - 16,210
Accumulated deferred income
taxes . . . . . . . . . . 427,158 48,731 4,040 (10) 4,004 233 (153) - - 484,003
Accumulated deferred invest-
ment tax credits . . . . 93,478 - - - - - - - - 93,478
Other . . . . . . . . . . . 4,001 9,065 - 171 5 - 60 - (4,616) 8,686
---------- -------- ------- ------- ------- ------ ------ ------ --------- ----------
Total deferred credits and
other liabilities . . . . 540,847 57,796 4,040 161 4,009 233 (93) - (4,616) 602,377
TOTAL CAPITALIZATION AND
LIABILITIES . . . . . . . .$2,552,110 $267,461 $24,381 $16,528 $24,198 $8,361 $5,781 $ 997 ($168,393) $2,731,424
========== ======== ======= ======= ======= ====== ====== ====== ========= ==========
</TABLE>
