SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U-33-S
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES
Filed under Section 33(e) of the
Public Utility Holding Company Act of 1935, as amended
For the Fiscal Year Ended December 31, 1995
Filed pursuant to the Public Utility Holding Company
Act of 1935 by
PACIFICORP
(Name of filing Company)
700 N.E. Multnomah
Portland, Oregon 97232
<PAGE>
PacifiCorp, an Oregon corporation ("PacifiCorp"), hereby files with
the Securities and Exchange Commission ("Commission"), pursuant to section
33(e) of the Public Utility Holding Company Act of 1935 ("Act") and Rule
57(b) of the implementing regulations thereunder, 17 C.F.R. ss. 250.57(b)
(1994), this Annual Report Concerning Foreign Utility Companies. PacifiCorp
is a United States public utility company and an associate company of
Powercor Australia Limited ("Powercor"), a foreign utility company.
PacifiCorp acquired Powercor on December 12, 1995. Powercor owns and
operates facilities in Australia that are used for the transmission and
distribution of electric energy for sale. Powercor derives no part of its
income, directly or indirectly, from the generation, transmission or
distribution of electric energy for sale (or the distribution at retail of
natural or manufactured gas for heat, light or power) within the United
States. Neither Powercor nor any subsidiary company is a public utility
operating within the United States.
ITEM 1
- ------
Name and business address of the foreign utility company:
POWERCOR AUSTRALIA LIMITED
Level 3
77 Southbank Boulevard
Southbank, Victoria, 3006
Australia
DESCRIPTION OF THE FACILITIES USED FOR THE TRANSMISSION AND DISTRIBUTION OF
ELECTRIC ENERGY FOR SALE:
- ---------------------------------------------------------------------------
Powercor is a distribution utility providing retail electric service
in the state of Victoria, Australia. Powercor serves approximately 537,110
customers within approximately 57,915 square miles of service territory.
Powercor uses approximately 48,680 miles of transmission and distribution
facilities for its provision of electric service. Powercor does not have a
material interest in the ownership or operation of generation facilities.
Page 2
<PAGE>
OWNERSHIP OF POWERCOR:
- ----------------------
One hundred (100) percent of the voting securities of Powercor are
owned by PacifiCorp Australia Holdings Pty., Ltd., an indirect,
wholly-owned subsidiary of PacifiCorp Holdings, Inc. ("PHI"). PHI is a
direct, wholly-owned subsidiary of PacifiCorp.
ITEM 2
- ------
For the fiscal year ended December 31, 1995, there was no debt or
other financial obligation of Powercor for which there was recourse
directly or indirectly to PacifiCorp, nor was there any direct or indirect
guarantee of any security of Powercor by PacifiCorp.
ITEM 3
- ------
For the fiscal year ended December 31, 1995, there was no service,
sales or construction contract between Powercor and PacifiCorp.
EXHIBIT A
- ---------
Exhibit A contains organizational charts showing the relationship of
Powercor to PacifiCorp.
The undersigned company has duly caused this Annual Report to be
signed on its behalf by the undesigned officer thereunto duly authorized,
pursuant to the requirements of the Public Utility Holding Company Act of
1935. The signature of
Page 3
<PAGE>
the undersigned company shall be deemed to relate only to matters having
reference to such company or its subsidiaries.
Dated: September 11, 1996.
PACIFICORP
By: WILLIAM E. PERESSINI
--------------------------------------
William E. Peressini
Treasurer
Page 4
<PAGE>
Exhibit A
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
PACIFICORP
(Oregon)
.
.
.
Pacific Power & Light Company* ..... Utah Power & Light Company*
.
.
.
.
...........................................................................................
. . .
. . .
. . .
. . ........................PacifiCorp Holdings, Inc. (Delaware)......................
. . . . . .
. . . . . .
. . . . . .
....Centralia Mining ....PacifiCorp D.C. ....Pacific Telecom, ....Pacific Eastern......... PACE Group,...
. Company . Limited . Inc. . Generation Investment . Inc. .
. (Washington) . (District of . (Washington) . Company Company . (Oregon) .
. . Columbia) . . (Oregon) (Oregon) . .
....Energy West . . . . PacifiCorp....
. Mining Company ....PacifiCorp Preferred ....PacifiCorp Financial ....PacifiCorp New Energy...... Trans, Inc. .
. (Utah) Capital Inc. Services, Inc. . Energy, Inc. Holdings I, . (Oregon) .
. (Delaware) (Oregon) . (Oregon) Inc. . .
....Glenrock Coal . (Oregon) . PACORP........
. Company ....PacifiCorp . (Oregon)
. (Wyoming) Power New Energy......
. Marketing, Inc. Holdings II, .
....Interwest Mining (Oregon) Inc. .
. Company (Oregon) .
. (Oregon) .
. PacifiCorp......
....Pacific Minerals, Australia .
Inc. Holdings Pty, .
(Wyoming) Ltd. .
(Victoria, .
Australia) .
.
Pan-Pacific.....
Global
Corporation
(Oregon)
* PacifiCorp's electric utility operations are conducted under the assumed business names of Pacific Power & Light Company and
Utah Power & Light Company; legally Pacific Power and Utah Power are not separate from PacifiCorp.
</TABLE>
Appendix A - Page 1
<PAGE>
Ownership Structure
UNITED STATES PacifiCorp
ENTITIES .
.
100%
.
.
PacifiCorp Holdings, Inc.
.
.
.........................................................
. .
. .
100% 100%
. .
. .
Pan-Pacific Global Eastern Investment
Corporation Company
. .
. .
- -------------------------------------------------------------------------------
. .
AUSTRALIAN . .
ENTITIES . .
80% 20%
. .
. .
.........................................................
.
.
PacifiCorp
Australia, L.L.C.
.
.
100%
.
.
PacifiCorp Australia
Holdings Pty Ltd
.
.
100%
.
.
PowerCor Australia Ltd
Appendix A - Page 2