CSW ENERGY INC
35-CERT, 1995-08-21
Previous: QUEST HEALTH CARE FUND VII LP, 10-Q, 1995-08-21
Next: VANGUARD QUANTITATIVE PORTFOLIOS INC, N-30D, 1995-08-21



                  UNITED STATES OF AMERICA
                         before the
             SECURITIES AND EXCHANGE COMMISSION


PUBLIC UTILITY HOLDING COMPANY ACT OF 1935


______________________________________________
In the matter of

CSW International, Inc.                           REPORT FOR PERIOD
Dallas, Texas  75266-0789                         March 31, 1995 to
                                                  June 30, 1995
File No.  070-08423                               PURSUANT TO RULE 24


     This report is filed under Rule 24 of the Public
Utility Holding Company Act of 1935 by CSW International,
Inc. ("CSW International"), a wholly owned subsidiary of
Central and South West Corporation ("CSW").  Under HCAR 35-
26156, CSW International is authorized to participate in
cogeneration projects and to provide consulting services
with respect to IPPs.  Attached is the information required
pursuant to HCAR 35-26156.

(1)  A balance sheet as of the relevant report date. See
     Exhibit A.

(2)  An income statement for the twelve months ended. See
     Exhibit B.

(3)  Name, owner, and location of each IPP served by CSW
     International during the quarter.  None.

(4)  The amount of compensation received for each IPP
     project. None.

(5)  Information on intercompany transactions with CSW
     International related to CSW International's consulting
     services, including (a) the name of each associate
     company providing services, (b) a listing of services
     provided and (c) the total dollar amount of services
     provided, broken down by associate company. See Exhibit C.

(6)  A schedule of aggregate development expenses and
     investments as of the relevant quarterly reporting date. See Exhibit D.

                      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
International, Inc. has duly caused this report to be signed
on its behalf on this 14th day of August, 1995.



                                   CSW International, Inc.


                                   Eddie Peebles
                                   Eddie Peebles
                                   Controller



                                                                   EXHIBIT A

                            CSW International, Inc.
                                Balance Sheet
                                June 30, 1995
                                 (Unaudited)
                                   ($000's)


                                        6/30/95

ASSETS
        Accounts Receivable - Af      $     469
        Non-Current Assets - Equipment       31
                                            500


TOTAL                                 $     500


LIABILITIES AND EQUITY

LIABILITIES
        Accounts Payable and Other          249
        Accounts Payable - Affiliated     3,505
        Other Liabilities                    25
        Accrued Federal Income Taxes     (1,193)
                                          2,586

EQUITY
        Common Stock                          1
        Retained Earnings                (2,087)
                                         (2,086)

TOTAL                                 $     500



                                                                    EXHIBIT B

                             CSW International, Inc.
                              Statement of Income
                    For the Eight Months Ended June 30, 1995
                                 (Unaudited)
                                   ($000's)


Expenses:                                      6/30/95

        Depreciation and Amortization                2
        Outside Services                         1,601
        Income Tax Benefit                      (1,265)
        Expenses Transferred Out                  (817)
        Interest Expense                            55
        General and Administrative Expenses      2,511

Total Expenses                                   2,087

Net Loss                                        (2,087)



                                                                  EXHIBIT C

                            CSW International, Inc.
                       Intercompany Service Transactions
                     For the Six Months Ended June 30, 1995
                                 (Unaudited)



  Name                              Type of Service                     Amount
Transok, Inc.                       Salaries, overheads, and travel     $2,952
(Wholly owned subsidiary of         in support of CSW International,
Central & South West Corporation)   Inc. projects.

CSW Energy, Inc.                    Salaries, overheads, and travel   $448,456
(Wholly owned subsidiary of         in support of CSW International,
Central & South West Corporation)   Inc. projects.

Central & South West Services, Inc. Salaries, overheads, and travel   $300,053
(Wholly owned subsidiary of         in support of CSW International,
Central & South West Corporation)   Inc. projects.

Central & South West Corporation    Interest on cash advances provided $54,903
(Parent)                            to CSW International, Inc.



                                                                   EXHIBIT D
                         CSW International, Inc.
               Aggregrate Development Expenses and Investments
                          As of June 30, 1995
                             (Unaudited)



Projects             Stage                  Development Costs       Investments

I. Development activities subject to $400,000,000 aggregrate limit on authority
     in 70-8423.

   Various Projects:

                     Development             $3,711,570



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission