UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935.
For the quarterly period ended September 30, 2000
SCANA Corporation
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(Name of registered holding company)
1426 Main Street, Columbia, South Carolina 29201
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(Address of principal executive offices)
Table of Contents
Item
No. Title Page
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1 Organization Chart 2
2 Issuances and Renewals of Securities and Capital Contributions 2
3 Associate Transactions 3
4 Summary of Aggregate Investment 4
5 Other Investments 5
6 Financial Statements and Exhibits 5
<PAGE>
<TABLE>
ITEM 1 - ORGANIZATION CHART
Name Energy Percentage
of or Date State of Voting
Reporting Gas - related of of Securities Nature of
Company Company Organization Organization Held Business
SCANA Resources, Inc. (a)
<S> <C> <C> <C> <C> <C>
Solo Energy Corporation (new) Energy January 6, 1997 Delaware 23.8% (b) provide long-term energy service
contracts from use of micro turbines
South Carolina Eletric &Gas Company (a)
SC Coaltech No. 1 LP (new) Energy April 7, 2000 Delaware 40% production and sale of synthetic fuel
</TABLE>
(a) These SCANA Corporation system companies are not reporting companies but
they are included herein because they hold securities directly in the
energy-related companies set forth below their names.
(b) Solo Energy Corporation's certificate of incorporation limits SCANA
Corporation and its wholly owned subsidiaries to an aggregate power to
vote of 18% of total number of votes entitled to be cast on matters not
requiring separate voting by the holders of Series B Preferred Stock.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
<TABLE>
Principal Issue Collateral Consideration
Amount of or Cost of Person to Whom Security was Given with for Each
<S> <C> <C> <C> <C> <C> <C>
Company Issuing Security Type of Security Issued Security Renewal Capital Issued Security Security
------------------------ ----------------------- -------- ------- ------- ------ -------- --------
None
Company Contributing Capital Company Receiving Capital Amount of Capital Contribution
<S> <C> <C>
South Carolina Electric & Gas Company SC Coaltech No. l LP $880,000
2
<PAGE>
ITEM 3 - ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies
Reporting Company Associate Company Types of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
<S> <C> <C> <C> <C> <C> <C>
SC Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $12,820,280 - - $12,820,280
& Gas Company
PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies
Associate Company Reporting Company Type of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
<S> <C> <C> <C> <C>
South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $13,221,999 - - $13,221,999
South Carolina Electric & Gas Company SC Coaltech No.1 LP Trucking Service $ 55,432 - - $ 55,432
</TABLE>
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<PAGE>
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
(Dollars in Thousands)
Investments in energy-related companies:
Total consolidated capitalization as of
September 30, 2000 $5,397,862 (A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 809,679 Line 2
Greater of $50 million or line 2 $809,679 Line 3
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business category 1 -
Energy-related business category 2 -
Energy-related business category 3 -
Energy-related business category 4 $6,300
Energy-related business category 5 -
Energy-related business category 6 4,660
Energy-related business category 7 -
Energy-related business category 8 -
Energy-related business category 9 -
Energy-related business category 10 -
Total current aggregate investment $10,960 Line 4
Difference between the greater of $50 million or 15% of capitalization
and the total aggregate investment of the registered holding company
system (line 3 less line 4) $798,719 Line 5
Investments in gas-related companies:
Total current aggregate investment:
(categorized by major line of gas-related business)
Gas-related business category 1 -
Gas-related business category 2 -
Total current aggregate investment -
(A) Includes common equity, preferred stock and manditorily redeemable preferred
securities, long-term debt and current maturities and short-term borrowings.
4
<PAGE>
ITEM 5 - OTHER INVESTMENTS
(Dollars in Thousands)
Major line of energy- Other investment in Other investment in
related business last U-9C-3 report this U-9C-3 report
None*
Reason for difference
in Other Investment
*As specifically authorized by the Securities and Exchange Commission in Public
Utility Holding Company Act Release No. 27133 (February 9, 2000), SCANA
Corporation currently retains certain interests in specific non-utility
subsidiaries that are engaged in energy-related types of business as described
in Rule 58 of the Public Utility Holding Company Act of 1935.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
Exhibit A Solo Energy Corporation Balance Sheet as of September 30, 2000
Exhibit B Solo Energy Corporation Income Statement for the Periods ended
September 30, 2000
Exhibit C SC Coaltech No. l LP Balance Sheet as of September 30, 2000
Exhibit D SC Coaltech No. l LP Income Statement for the Periods ended
September 30, 2000
Exhibit E Certificate of SCANA Corporation
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<PAGE>
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
SCANA Corporation has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on the 21st day of November 2000.
SCANA Corporation
Registrant
by: s/Mark R. Cannon
Mark R. Cannon
(Name)
Controller
(Title)
November 21, 2000
(Date)
<PAGE>
Exhibit A
Solo Energy
Balance Sheet
As of September 30, 2000
(Dollars in Thousands)
(Unaudited)
ASSETS
Current Assets
Cash $7,179
Accounts Receivable 13
Other Current Assets 5
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Total Current Assets 7,197
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Fixed Assets 1,120
Other Assets 395
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TOTAL ASSETS $8,712
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LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable $ 873
Other Current Liabilities 230
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Total Current Liabilities 1,103
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Equity 7,609
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TOTAL LIABILITIES & EQUITY $8,712
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<PAGE>
Exhibit B
Solo Energy
Income Statement
for the Periods ended September 30, 2000
(Dollars in Thousands)
(Unaudited)
Ordinary Income/Expense Quarter Year to Date
Expense
Total Commercial Development $ 411 $ 459
Bad Debt Expense 10 10
Total Research and Development 4,584 5,502
Total G&A 1,381 2,911
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Total Expense 6,386 8,882
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Net Ordinary Income (Loss) (6,386) (8,882)
Other Income/Expense
Other Income
Interest Income 65 89
Other Income - 1
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Total Other Income 65 90
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Other Expense
Interest Expense 37 112
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Total Other Expense 37 112
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Net Income (Loss) $(6,358) $(8,904)
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<PAGE>
Exhibit C
South Carolina Coaltech No. l LP
Balance Sheet
As of September 30, 2000
(Dollars in Thousands)
(Unaudited)
ASSETS
Current Assets
Cash $ 347
Accounts Receivable 5,756
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Total Current Assets 6,103
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Fixed Assets 9,684
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TOTAL ASSETS $15,787
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LIABILITIES & EQUITY
Liabilities
Accounts Payable $ 5,356
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Total Liabilities 5,356
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Equity
Partner Accounts 17,668
Retained Earnings -
Net Income (7,237)
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Total Equity 10,431
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TOTAL LIABILITIES & EQUITY $15,787
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<PAGE>
Exhibit D
South Carolina Coaltech No. 1 LP
Income Statement
for the Periods ended September 30, 2000
(Dollars in Thousands)
(Unaudited)
Quarter Year to Date
INCOME:
Synfuel Sales $12,820 $15,714
Other Income - -
-------------------------------- --------------------- ---------------
TOTAL INCOME 12,820 $15,714
EXPENSES:
Depreciation 334 612
Raw Material (coal) 13,222 16,201
Operating Costs 368 5,433
General Partners Cost 60 120
Other Costs 1,678 585
-------------------------------- --------------------- ---------------
TOTAL EXPENSES 15,662 22,951
NET INCOME (LOSS) $ (2,842) $ (7,237)
================================ ===================== ===============
<PAGE>
Exhibit E
Certificate
Pursuant to the requirements of Rule 58 of the Public Utility Holding
Company Act of 1935, the undersigned certifies that:
A copy of SCANA's quarterly report on Form U-9C-3 for the quarterly
period ended June 30, 2000, was filed with the sate commissions having
jurisdiction over the retail rates of SCANA Corporation's public utility
subsidiary companies. The names and addresses of these state commissions are as
follows:
South Carolina Public Service Commission
P. O. Box 11649
Columbia, SC 29211
North Carolina Utilities Commission
4325 Mail Service Center
Raleigh, NC 27699-4325
November 21, 2000 By:s/M. R. Cannon
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M. R. Cannon
Controller
(principal accounting officer)
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