SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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In the Matter of :
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CSW LEASING, INC. : CERTIFICATE
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CENTRAL AND SOUTH WEST CORPORATION : OF
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File No. 70-6790 : NOTIFICATION
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(Public Utility Holding Company Act of 1935) :
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This report is filed under Rule 24 of the Public Utility Holding Company Act
of 1935 by CSW Leasing, Inc. (CSW Leasing) a subsidiary of Central and South
West Corporation (CSW) authorized to participate in leveraged leasing
transactions. Under HCAR 23578 dated January 22, 1985, it is required that CSW
Leasing file semiannual reports providing: 1) the amount of rental income
received during the reporting period; 2) a general description of the types of
property under the leveraged lease; and 3) the amount of equity contributions
made by CSW to CSW Leasing during the reporting period.
1) THE AMOUNT OF RENTAL INCOME RECEIVED DURING THE REPORTING PERIOD.
During the period July 1, 1997 through December 31, 1997 $13,010,509 of
rental income was received by trustees from leveraged leases for the benefit of
CSW Leasing. In the Rule 24 filing which was done for the period January 1, 1997
through June 30, 1997, the amount of rental income received by trustees from
leverage leases for the benefit of CSW Leasing was reported as $7,580,048. Upon
further analysis, the amount that should have been reported for the period
January 1, 1997 through June 30, 1997 is $7,410,911.
2) A GENERAL DESCRIPTION OF THE TYPES OF PROPERTY UNDER THE LEVERAGED LEASE.
At December 31, 1997, CSW Leasing had invested in six leveraged leases
including a container ship and several aircraft.
3) THE AMOUNT OF EQUITY CONTRIBUTIONS MADE BY CSW TO CSW LEASING DURING THE
REPORTING PERIOD.
None.
S I G N A T U R E
As requested by order of this Commission pursuant to the Public Utility
Holding Company Act of 1935, CSW Leasing, Inc. has duly caused this report to be
signed on its behalf on this 27th day of February 1998.
CSW LEASING, Inc.
/S/ LAWRENCE B. CONNORS
Lawrence B. Connors
Controller
