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Previous: VALERO NATURAL GAS PARTNERS L P, DEF 14A, 1994-05-02 |
Next: ENTERGY SERVICES INC, 35-CERT, 1994-05-02 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-13-60
ANNUAL REPORT
FOR THE PERIOD
Beginning January 1, 1993 and Ending December 31, 1993
TO THE
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
Entergy Services, Inc.
(Exact Name of Reporting Company)
A Subsidiary Service Company Date of Incorporation February 11, 1963 If
("Mutual" or "Subsidiary")
not Incorporated, Date of Organization ___________________ State or
Sovereign Power under which Incorporated or Organized Delaware
Location of Principal Executive Offices of Reporting Company
639 Loyola Avenue, New Orleans, Louisiana Name, title, and address
of officer to whom correspondence concerning this report should be
addressed:
Mr. Lee W. Randall Vice President & Chief P. O. Box 61000
Accounting Officer New Orleans, LA. 70116
(Name) (Title) (Address)
Name of Principal Holding Company Whose Subsidiaries are served by Reporting
Company:
Entergy Corporation
<PAGE>
INSTRUCTIONS FOR USE OF FORM U-13-60
1. Time of Filing.
Rule 94 provides that on or before the first day of May in each calendar
year, each mutual service company and each subsidiary service company as
to which the Commission shall have made a favorable finding pursuant
to Rule 88, and every service company whose application for approval or
declaration pursuant to Rule 88 is pending shall file with the Commission
an annual report on Form U-13-60 and in accordance with the Instructions
for that form.
2. Number of Copies.
Each annual report shall be filed in duplicate. The company should
prepare and retain at least one extra copy for itself in case
correspondence with reference to the report become necessary.
3. Period Covered by Report.
The first report filed by any company shall cover the period from the date
the Uniform System of Accounts was required to be made effective as to
that company under Rules 82 and 93 to the end of that calendar year.
Subsequent reports should cover a calendar year.
4. Report Format.
Reports shall be submitted on the forms prepared by the Commission. If
the space provided on any sheet of such form is inadequate, additional
sheets may be inserted of the same size as a sheet of the form or folded
to each size.
5. Money Amounts Displayed.
All money amounts required to be shown in financial statements may
be expressed in whole dollars, in thousands of dollars or in hundred
thousands of dollars, as appropriate and subject to provisions of
Regulation S-X (SS210.3-01(b)).
6. Deficits Displayed.
Deficits and other like entries shall be indicated by the use of
either brackets or a parenthesis with corresponding reference in
footnotes.(Regulation S-X, SS210.3-01(c))
7. Major Amendments or Corrections.
Any company desiring to amend or correct a major omission or error
in a report after it has been filed with the Commission shall submit
an amended report including only those pages, schedules, and entries
that are to be amended or corrected. A cover letter shall be submitted
requesting the Commission to incorporate the amended report changes
and shall be signed by a duly authorized officer of the company.
8. Definitions.
Definitions contained in Instruction 01-8 to the Uniform System of
Accounts for Mutual Service Companies and Subsidiary Service Companies,
Public Utility Holding Company Act of 1935, as amended February 2, 1979
shall be applicable to words or terms used specifically within this
Form U-13-60.
9. Organization Chart.
The service company shall submit with each annual report a copy of
its current organization chart.
10. Methods of Allocation.
The service company shall submit with each annual report a listing
of the currently effective methods of allocation being used by the
service company and on file with the Securities and Exchange Commission
pursuant to the Public Utility Holding Company Act of 1935.
11. Annual Statement of Compensation for Use of Capital Billed.
The service company shall submit with each annual report a copy of
the annual statement supplied to each associate company in support of
the amount of compensation for use of capital billed during the
calendar year.
<PAGE>
<PAGE>
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
Schedule or Page
Description of Schedules and Accounts Account Number Number
Comparative Balance Sheet Schedule I 5
Service Company Property Schedule II 7
Accumulated Provision for Depreciation Schedule III 8
and Amortization of Service Company
Property
Investments Schedule IV 9
Accounts Receivable from Associate Companies Schedule V 9
Fuel Stock Expenses Undistributed Schedule VI 10
Stores Expense Undistributed Schedule VII 10
Miscellaneous Current and Accrued Assets Schedule VIII 11
Miscellaneous Deferred Debits Schedule IX 11
Research, Development, or Demonstration Schedule X 11
Expenditures
Proprietary Capital Schedule XI 12
Long-Term Debt Schedule XII 13
Current and Accrued Liabilities Schedule XIII 14
Notes to Financial Statements Schedule XIV 14
Comparative Income Statement Schedule XV 15
Analysis of Billing - Associate Companies Account 457 16
Analysis of Billing - Nonassociate Companies Account 458 17
Analysis of Charges for Service - Schedule XVI 18
Associate and Nonassociate Companies
Schedule of Expense of Department or Schedule XVII 19-20
Service Function
Departmental Analysis of Salaries Account 920 21
Outside Services Employed Account 923 21
Employee Pensions and Benefits Account 926 22
General Advertising Expenses Account 930.1 22
Miscellaneous General Expenses Account 930.2 23
Rents Account 931 23
Taxes Other Than Income Taxes Account 408 24
Donations Account 426.1 24
Other Deductions Account 426.5 25
Notes to Statement of Income Schedule XVIII 25
LISTING OF INSTRUCTIONAL FILING REQUIREMENTS
Page
Description of Reports or Statements Number
Organization Chart 26
Methods of Allocation 26
Annual Statement of Compensation for Use of Capital Billed 26
Appendix
Information in compliance with Item 4 of SEC letter dated 26 - E
December 29, 1986
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Schedule I - Comparative Balance Sheet
(In Thousands)
Give balance sheet of the Company as of December 31 of the current and prior year.
Account Assets and Other Debits As of December 31
Current Prior
Service Company Property
<S> <C> <C> <C>
101 Service company property (Schedule II) $126,094 $99,544
107 Construction work in progress (Schedule II) 6,724 191
-------- -------
Total Property 132,818 99,735
-------- -------
108 Less accumulated provision for depreciation and amortization of service
company property (Schedule III) 50,023 37,157
-------- -------
Net Service Company Property 82,795 62,578
-------- -------
Investments
123 Investments in associate companies (Schedule IV)
124 Other Investments (Schedule IV)
Total Investments
Current and Accrued Assets
131 Cash 1,754 116
134 Special deposits 455 330
135 Working funds 117 466
136 Temporary cash investments (Schedule IV)
141 Notes receivable 75 57
143 Accounts receivable 5,950 11,125
144 Accumulated provision of uncollectible accounts
146 Accounts receivable from associate companies (Schedule V) 50,441 36,526
152 Fuel stock expenses undistributed (Schedule VI)
154 Materials and supplies 256 167
163 Stores expense undistributed (Schedule VII)
165 Prepayments 1,017 2,134
174 Miscellaneous current and accrued assets (Schedule VIII) 874 332
-------- --------
Total Current and Accrued Assets 60,939 51,253
-------- --------
Deferred Debits
181 Unamortized debt expense
184 Clearing accounts 458 (48)
186 Miscellaneous deferred debits (Schedule IX) 5,416 8,272
188 Research, development, or demonstration expenditures (Schedule X)
190 Accumulated deferred income taxes 1,187 996
-------- --------
Total Deferred Debits 7,061 9,220
-------- --------
TOTAL ASSETS AND OTHER DEBITS $150,795 $123,051
======== ========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Schedule I - Comparative Balance Sheet
(In Thousands)
Account Account Liabilities and Proprietary Capital As of December 31,
Current Prior
Proprietary Capital
<S> <C> <C> <C>
201 Common stock issued (Schedule XI) $20 $20
211 Miscellaneous paid-in-capital (Schedule XI)
215 Appropriated retained earnings (Schedule XI)
216 Unappropriated retained earnings (Schedule XI)
-------- --------
Total Proprietary Capital 20 20
-------- --------
Long-Term Debt
223 Advances from associate companies (Schedule XII)
224 Other long-term debt (Schedule XII) 3,883 5,656
225 Unamortized premium on long-term debt
226 Unamortized discount on long-term debt-debit
-------- --------
Total Long-Term Debt 3,883 5,656
-------- --------
Current and Accrued Liabilities
231 Notes payable
232 Accounts payable 45,296 25,638
233 Notes payable to associate companies (Schedule XIII) 32,861 20,710
234 Account payable to associate companies (Schedule XIII) 19,536 23,522
236 Taxes accrued 1,585 1,039
237 Interest accrued
238 Dividends declared
241 Tax collections payable 643 938
242 Miscellaneous current and accrued liabilities (Schedule XIII) 8,670 7,754
-------- --------
Total Current and Accrued Liabilities 108,591 79,601
-------- --------
Deferred Credits
253 Other deferred credits (See Note 9) 37,675 36,310
255 Accumulated deferred investment tax credits 626 1,464
-------- --------
Total Deferred Credits 38,301 37,774
-------- --------
282 Accumulated Deferred Income Taxes
TOTAL LIABILITIES AND PROPRIETARY CAPITAL $150,795 $123,051
======== ========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule II - Service Company Property
(In Thousands)
Balance at Retirements Balance
Beginning or Other (1) at Close
Description of Year Additions Sales Changes of Year
Service Company Property
<S> <C> <C> <C> <C> <C> <C>
Account
301 Organization
303 Miscellaneous Intangible Plant $1,865 $1,828 $3,693
304 Land and Land Rights 1,705 1,705
305 Structures and Improvements 949 949
306 Leasehold Improvements 20,874 135 17 $122 21,114
307 Equipment (2) 53,263 23,510 14 76,787
308 Office Furniture and Equipment 11,299 623 1 336 12,257
309 Automobiles, Other Vehicles
and Related Garage Equipment 190 190
310 Aircraft and Airport Equipment 9,399 9,399
311 Other Service Company
Property (3)
------- ------- --- ----- --------
SUB-TOTAL 99,544 26,096 18 472 126,094
------- ------- --- ----- --------
107 Construction Work in Progress (4) 191 7,005 (472) 6,724
------- ------- --- ----- --------
TOTAL $99,735 $33,101 $18 $0 $132,818
======= ======= === ===== ========
</TABLE>
(1) Provide an explanation of those changes considered material: Transfer
from CWIP to completed plant ($472).
(2) Subaccounts are required for each class of equipment owned. The service
company shall provide a listing by subaccount of equipment additions
during the year and the balance at the close of the year:
Balance at
Subaccount Description Additions Close of
Microwave Equipment
General Office $460
Computer Center 130 2,666
System Operations Center 2,150
EDP Equipment
General Office 9,001 17,499
Computer Center 14,262 34,428
System Operations Center 117 19,584
------- -------
TOTAL $23,510 $76,787
======= =======
(3) Describe other service company property:
(4) Describe construction work in progress: Primarily building construction,
GSU property related merger costs and property to be transferred to plant
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule III - Accumulated Provision for Depreciation and Amortization of
Service Company Property
(In Thousands)
<TABLE>
<CAPTION>
Balance at Additions Other Balance
Beginning Charged to Changes Add at Close
Description of Year Account 403 Retirements (Deduct) (1) of Year
<S> <C> <C> <C> <C> <C> <C>
Account
301 Organization
303 Miscellaneous Intangible Plant $311 $758 $1,069
304 Land and Land Rights
305 Structures and Improvements 119 34 153
306 Leasehold Improvements 9,390 2,504 17 11,877
307 Equipment 20,838 5,476 $1,419 27,733
308 Office Furniture and Fixtures 5,921 1,745 7,666
309 Automobiles, Other Vehicles
and Related Garage Equipment 108 7 115
310 Aircraft and Airport Equipment 470 940 1,410
311 Other Service Company
Property
------- ------- --- ------ -------
TOTAL $37,157 $11,464 $17 $1,419 $50,023
======= ======= === ====== =======
</TABLE>
(1) Provide an explanation of those changes considered material:
Other charges for amortization of leased property not charged to
Acccount 403 (see Note 4).
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule IV - Investments
(In Thousands)
Instructions:
Complete the following schedule concerning investments.
Under Account 124 "Other Investments," state each investment separately, with
description, including, the name of issuing company, number of shares or
principal amount, etc.
Under Account 136, "Temporary Cash Investments," list each investment
separately.
Balance at Balance at
Description Beginning of Year Close of Year
Account 123 - Investment in Associate Companies None None
Account 124 - Other Investments None None
Account 136 - Temporary Cash Investments None None
----- -----
TOTAL - 0 - - 0 -
===== =====
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule V - Accounts Receivable from Associate Companies
(In Thousands)
Instructions:
Complete the following schedule listing accounts receivable from each
associate company. Where the service company has provided accommodation
or convenience payments for associate companies, a separate listing of
total payments for each associate company by subaccount should be provided.
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
<S> <C> <C>
Account 146 - Accounts Receivable from Associate Companies
See page 9-A $36,526 $50,441
------- -------
TOTAL $36,526 $50,441
======= =======
</TABLE> Total
Payments
Analysis of Convenience or Accommodation Payments:
See page 9-A $23,047
-------
TOTAL PAYMENTS $23,047
=======
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule V - Accounts Receivable from Associate Companies
(In Thousands)
Balance at Balance at
Description Beginning of Year Close of Year
Account 146 - Accounts Receivable from
Associate Companies
Arkansas Power & Light Company $2,069 $7,030
Louisiana Power & Light Company 17,930 22,628
Mississippi Power & Light Company 5,113 5,964
New Orleans Public Service Inc. 4,162 6,022
Entergy Corporation 5,541 3,671
Entergy Operations, Inc. 1,127 1,162
Entergy Power, Inc. 216 118
System Fuels, Inc. 61 35
Entergy Enterprises, Inc. 307 865
Gulf States Utilities, Inc. 2,946
------- -------
TOTAL $36,526 $50,441
======= =======
<TABLE>
<CAPTION>
Bulk Power Benefit Plan Other
Payments Payments Payments
<S> <C> <C> <C>
Analysis of Convenience or Accommodation Payments:
Arkansas Power & Light Company ($175,402) $3,441 $1,935
Louisiana Power & Light Company 172,550 3,771 36
Mississippi Power & Light Company 1,075 2,434 634
New Orleans Public Service Inc. 45,427 1,856 (334)
Entergy Corporation 2 835
Entergy Operations, Inc. 3,301 4,965
Entergy Power, Inc. 2,163 34
System Fuels, Inc. 11 79
Entergy Enterprises, Inc. 47
Nonassociated Companies (45,813)
------- ------- ------
$0 $14,816 $8,231
======= ======= ======
</TABLE>
Note: The Accounts Receivable balance as of 12/31/93 from Gulf States
Utilities, Inc. was reclassified as Accounts Receivable from Associate
Companies. The Convenience Billings for 1993 were rendered for Bulk
Power transactions prior to the date of the Merger and are therefore
classified as nonassociate transactions.
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule VI - Fuel Stock Expenses Undistributed
(In Thousands)
Instructions:
Report the amount of labor and expenses incurred with respect to fuel
stock expenses during the year and indicate amount attributable to each
associate company. Under the section headed "Summary" listed below give
an overall report of the fuel functions performed by the service company.
Description Labor Expenses Total
Account 152 - Fuel Stock Expenses Undistributed None None None
---- ---- ----
TOTAL - 0 - - 0 - - 0 -
===== ===== =====
Summary:
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule VII - Stores Expense Undistributed
(In Thousands)
Instructions:
Report the amount of labor and expenses incurred with respect to stores
expense during the year and indicate amount attributable to each
associate company.
Description Labor Expenses Total
Account 163 - Stores Expense Undistributed None None None
----- ----- -----
TOTAL - 0 - - 0 - - 0 -
===== ===== =====
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule VIII - Miscellaneous Current and Accrued Assets
(In Thousands)
Instructions:
Provide detail of items in this account. Items less than $10,000 may be
grouped, showing the number of items in each group.
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
<S> <C> <C>
Account 174 - Miscellaneous Current and Accrued Assets
See page 11 - A $332 $874
---- ----
TOTAL $332 $874
==== ====
</TABLE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule IX - Miscellaneous Deferred Debits
(In Thousands)
Instructions:
Provide detail of items in this account. Items less than $10,000 may be
grouped by class showing the number of items in each class.
Balance at Balance at
Description Beginning of Year Close of Year
Account 186 - Miscellaneous Deferred Debits
See page 11-A $8,272 $5,416
------ ------
TOTAL $8,272 $5,416
====== ======
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule X - Research, Development or Demonstration Expenditures
(In Thousands)
Instructions.
Provide a description of each material research, development, or
demonstration project which incurred costs by the service corporation
during the year.
Description Amount
Account 188 - Research, Development, or Demonstration Expenditures None
-----
TOTAL - 0 -
=====
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule VIII - Miscellaneous Current and Accrued Assets
(In Thousands)
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
<S> <C> <C>
Account 174 - Miscellaneous Current and Accrued Assets
Unbilled expenses and other receivables $332 $874
---- ----
TOTAL $332 $874
==== ====
</TABLE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule IX - Miscellaneous Deferred Debits
(In Thousands)
Balance at Balance at
Description Beginning of Year Close of Year
Account 186 - Miscellaneous Deferred Debits
Noncurrent receivable for Associate Companies $7,029 $5,196
Deferred ESOP credit 148 148
Merger Related Signage Changes 71
Training Center Project 401
System property inspection project 3
SEGBA Project 472
Other (10) 219 1
------ ------
TOTAL $8,272 $5,416
====== ======
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XI - Proprietary Capital
Number of Shares Par or Stated Outstanding Close of Period
Account Number Class of Stock Authorized Value Per Share No. of Shares Total Amount
<S> <C> <C> <C> <C> <C>
201 Common Stock Issued 50,000 $10.00 2,000 $20,000
</TABLE>
Instructions:
Classify amounts in each account with brief explanation, disclosing the
general nature of transactions which give rise to the reported amounts.
Description Amount
Account 211 - Miscellaneous Paid-in Capital None
Account 215 - Appropriated Retained Earnings None
-----
TOTAL - 0 -
-----
Instructions:
Give particulars concerning net income or (loss) during the year,
distinguishing between compensation for the use of capital owed or
net loss remaining from servicing nonassociates per the General
Instructions of the Uniform System of Accounts. For dividends paid
during the year in cash or otherwise, provide rate percentage,
amount of dividend, date declared and date paid.
<TABLE>
<CAPTION>
Balance at Net Income Dividends Balance at
Description Beginning of Year -or (loss) Paid Close of Year
<S> <C> <C> <C> <C>
Account 216 - Unappropriated Retained Earnings None None None None
----- ----- ----- -----
TOTAL - 0 - - 0 - - 0 - - 0 -
===== ===== ===== =====
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XII - Long-Term Debt
(In Thousands)
Instructions:
Advances from associate companies should be reported separately for advances
on notes, and advances on open account. Names of associate companies from
which advances were received shall be shown under the class and series of
obligation column. For Account 224 - Other long-term debt provide the
name of creditor company or organization, terms of the obligation, date of
maturity, interest rate, and the amount authorized and outstanding.
<TABLE>
<CAPTION>
Terms of
Obligation Balance at Balance at
Class & Series Date of Interest Amount Beginning Close
Name of Creditor of Obligation Maturity Rate Authorized of Year Additions Deductions(1) of Year
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Account 223 - Advances from
Associate Companies: None None None
Account 224 - Other Long-Term
Debt Lease Obligation 6/30/96 11% $17,200 $5,656 - 0 - $1,773 $3,883
(See Note 5)
------ ----- ------ ------
TOTAL $5,656 - 0 - $1,773 $3,883
====== ===== ====== ======
</TABLE>
(1) Give an explanation of Deductions:
Payment of lease obligation ($1,773).
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XIII - Current and Accrued Liabilities
(In Thousands)
Instructions:
Provide balance of notes and accounts payable to each associate company.
Give description and amount of miscellaneous current and accrued
liabilities. Items less than $10,000 may be grouped, showing the number
of items in each group.
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
<S> <C> <C>
Account 233 - Notes Payable to Associate Companies
Money Pool $20,710 $32,861
------- -------
TOTAL $20,710 $32,861
======= =======
Account 234 - Accounts Payable to Associate Companies
See page 14-A $23,522 $19,536
------- -------
TOTAL $23,522 $19,536
======= =======
Account 242 - Miscellaneous Current and Accrued Liabilities
See page 14-A $7,754 $8,670
------ ------
TOTAL $7,754 $8,670
====== ======
</TABLE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XIV - Notes to Financial Statements
Instructions:
The space below is provided for important notes regarding the financial
statements or any account thereof. Furnish particular as to any
significant contingent assets or liabilities existing at the end of the
year. Notes relating to financial statements shown elsewhere in this
report may be indicated here by reference.
See pages 14-B thru 14-H
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XIII - Current and Accrued Liabilities
(In Thousands)
<TABLE>
<CAPTION>
Balance at Balance at
Description Beginning of Year Close of Year
<S> <C> <C>
Account 234 - Accounts Payable to Associate Companies
Arkansas Power & Light Company $22,308 $17,634
Louisiana Power & Light Company 780 849
Mississippi Power & Light Company 23 442
New Orleans Public Service Inc. 41 116
System Energy Resources, Inc. 89
Entergy Corporation 92
Entergy Operations 188 395
Entergy Power, Inc
Electec
System Fuels, Inc. 1
Money Pool Interest 100
------- -------
TOTAL $23,522 $19,536
======= =======
Account 242 - Miscellaneous Current And Accrued Liabilities
Deferred and incentive compensation plans $5,160 $4,980
Accrued rent expense 1,030 1,030
Accrued saving plan expense and withholdings 143 183
Accrued benefit plans expense and withholdings 1,334 2,464
Other employee withholdings 87
Accrued Audit Expense 13
------ ------
TOTAL $7,754 $8,670
====== ======
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XIV - Notes to Financial Statements
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Organization and System of Accounts
Entergy Services, Inc. (Entergy Services), a wholly owned subsidiary of
Entergy Corporation (Entergy), was authorized to conduct business as a
service company for Entergy and Subsidiaries (the System) by order of the
Securities and Exchange Commission (SEC) dated March, 1963 and made
permanent March, 1965. Entergy Services prices services provided to
the System companies so as to operate on a break-even basis.
On December 31, 1993 Entergy merged with Gulf States Utilities Company
(Gulf States). As a result of the merger, Entergy Services will provide
services to Gulf States beginning in 1994 and a number of Gulf States
employees have already been or will be transferred to Entergy Services.
The System previously had restructured along functional internal lines,
resulting in the formation of three business units. An additional
result of the completion of the merger of Entergy and Gulf States has
been the modification of the earlier restructuring to include the
following business units: Operations (OPS), Nuclear (NUC) and Entergy
Business Support (EBS). In conjunction with this restructuring Entergy
Services has an enhanced role in the management of the OPS, NUC and EBS
organizations.
The accounts of Entergy Services are maintained in accordance with the
Public Utility Holding Company Act of 1935, as administered by the SEC,
which has adopted a system of accounts consistent with the system of
accounts prescribed by the Federal Energy Regulatory Commission.
B. Depreciation and Amortization
Depreciation is computed on the straight-line basis at rates based on the
estimated service lives of the various classes of property. Amortization
of leasehold improvements is computed on the straight-line basis over the
lease term.
C. Income Taxes
Entergy Services joins in the filing of a consolidated Federal income tax
return with Entergy Corporation and subsidiaries. The income tax effects
of Entergy Services' taxable income or loss are allocated to the other
System Companies under an intra-System income tax allocation agreement.
Although Entergy Services is not allocated Federal income taxes, Entergy
Services is allocated the benefits of investment tax credits.
Investment tax credits are deferred and amortized based upon the average
useful life of the related property, beginning with the year utilized on
the consolidated tax return.
Entergy Services files a consolidated Arkansas state income tax return with
certain other System companies; a combined Mississippi state income tax
return with other System companies: and, a separate company Louisiana
state income tax return.
Effective January 1, 1993, Entergy Services adopted the Financial
Accounting Standards Board (FASB) Statement of Financial Accounting
Standards (SFAS) 109, "Accounting for Income Taxes." This new standard
requires that deferred income taxes be recorded for all temporary
differences and carryforwards, and that deferred tax balances be based
on enacted tax laws at tax rates expected to be in effect when the
temporary differences reverse. There was no significant impact from
the adoption of SFAS 109 on the financial statements of Entergy Services.
Entergy Services' effective income tax rate was 100% in 1993, 1992 and
1991, compared to the current Federal statutory income tax rate of 35%.
The primary reasons for the difference between the effective and
statutory income tax rates are investment tax credits and state income
taxes.
D. Fair Value Disclosures
Entergy Services considers the carrying amounts of financial instruments
classified as current assets and liabilities to be a reasonable estimate
of their fair value because of the short maturity of these instruments.
Determination of the fair value of other financial instruments is not
considered to be practicable due to their nature.
2. NOTES PAYABLE
Entergy Services has a line of credit with Entergy Corporation for $90
million through November 30, 1994. This line of credit was not used during
1993, 1992 or 1991.
Entergy Services participates with certain other System companies in a System
Money Pool (Money Pool) arrangement whereby those companies with available
funds may invest in the Money Pool while other System companies, except
Entergy Corporation, may borrow, on a short-term basis, from the Money Pool,
thereby reducing the System's dependence on external short-term borrowings.
As authorized by the SEC, the borrowings by Entergy Services from the Money
Pool may not exceed the amount of the unused portion of the line of credit
discussed above.
The borrowings and applicable interest rates under the Money Pool arrangement
were as follows (in thousands):
<TABLE>
<CAPTION>
1993 1992 1991
<S> <C> <C> <C>
Average borrowing ............................... $ 41,084 $ 52,875 $ 26,273
Maximum borrowing at month end .................. 42,768 58,510 34,130
Average effective interest rate:
During the year .............................. 3.2% 3.7% 6.0%
At end of year ............................... 3.3% 3.8% 5.2%
</TABLE>
3. POSTRETIREMENT AND POSTEMPLOYMENT BENEFITS
Pension Plan
Entergy Services has a defined benefit pension plan covering substantially all
of its employees. The pension plan is noncontributory and provides pension
benefits that are based on employees' credited service and average
compensation, generally during the last five years before retirement. Entergy
Services funds pension costs in accordance with contribution guidelines
established by the Employee Retirement Income Security Act of 1974, as
amended, and the Internal Revenue Code of 1986, as amended. The assets of
the plan consist primarily of common and preferred stocks, fixed income
securities, interest in a money market fund and insurance contracts.
Entergy Services' total 1993, 1992, and 1991 allocated pension cost,
including amounts capitalized, including following components (in thousands):
<TABLE>
<CAPTION>
1993 1992 1991
<S> <C> <C> <C>
Service cost-benefits earned during
the period ................................... $ 3,079 $ 2,522 $ 1,327
Interest cost on the projected benefit
obligation ................................... 4,229 3,777 2,661
Actual return on plan assets .................... (4,219) (2,265) (6.507)
Net amortization and deferral ................... 1,678 (46) 4,496
--------- --------- ---------
Net pension cost ................................ $ 4,767 $ 3,988 $ 1,977
========= ========= =========
The funded status of the pension plan, with respect to Entergy Services, at
December 31, 1993 and 1992 was as follows (in thousands):
</TABLE>
<TABLE>
<CAPTION>
1993 1992
<S> <C> <C>
Actuarial present value of accumulated
pension plan benefits:
Vested ..................................................... $ 44,337 $ 35,893
Nonvested .................................................. 666 653
--------- ---------
Accumulated benefit obligation ............................. $ 45,003 $ 36,546
========= =========
Plan assets at fair value ..................................... $ 40,747 $ 34,465
Projected benefit obligation .................................. 65,640 52,103
--------- ---------
Plan assets less than projected benefit obligation ............ (24,893) (17,638)
Unrecognized prior service cost ............................... 1,273 1,349
Unrecognized transition asset ................................. (1,977) (2,144)
Unrecognized net loss (gain) .................................. 12,939 6,723
--------- ---------
Accrued pension liability ..................................... $ (12,658) $ (11,710)
========= =========
</TABLE>
The significant actuarial assumptions used included a weighted average discount
rate of 7.5% for 1993, 8.25% for 1992 and 1991, and a weighted average rate of
increase in future compensation levels of 5.6% for valuing the projected
benefit obligation for 1993, 1992 and 1991. An assumed expected long-term
rate of return on plan assets of 8.5% was used for 1993, 1992 and 1991.
Transition assets are being amortized over the average remaining service
period of active participants.
Entergy Services has adopted the Supplemental Retirement Plan of Entergy
Corporation and Subsidiaries and the Post-Retirement Plan of Entergy
Corporation and Subsidiaries for certain executive officers. Certain
participants in these plans receive benefits based on a percentage of
their salaries. The actuarially projected obligation for these plans,
which is not included in the pension plan tables above, was recorded
during 1992. These plans are unfunded and benefits are paid from general
Company assets. At December 31, 1993 and 1992, the recorded liability
for these plans was approximately $10.2 million and $9.2 million,
respectively. The discount rates used in the determination of these
liabilities was 7.5% in 1993 and 8.25% in 1992.
Other Postretirement Benefits
Entergy Services also provides certain health care and life insurance
benefits for retired employees.
Substantially all employees may become eligible for these benefits if they
reach retirement age while still working for Entergy Services. The cost of
providing these benefits, recorded on a cash basis, to retirees in 1992 was
approximately $400,000. Prior to 1992 the cost of providing these benefits
for retirees was not separable from the cost of providing benefits for
active employees.
The total cost of providing these benefits and the number of active employees
and retirees for 1991 is presented in the following table (in thousands):
1991
Total cost of health care and life insurance .................. $ 4,931
Number of active employees .................................... 1,040
Number of retirees ............................................ 60
Effective January 1, 1993, Entergy Services adopted SFAS 106, "Employers'
Accounting for Postretirement Benefits Other Than Pensions". The new
standard requires a change from a cash method to an accrual method in
accounting for these benefits. At January 1, 1993, the actuarially
determined accumulated postretirement benefits obligation earned by
retirees and active employees was estimated to be approximately $14.1
million. This obligation is being amortized as expense over a 20-year
period beginning in 1993. Adoption of the new standard increased annual
expense associated with these benefits by approximately $2.5 million for
Entergy Services, including the effects of the amortization of the
transition obligation. Entergy Services is recovering such increased cost
under the Services Agreements with the System companies.
Total 1993 postretirement benefit cost of Entergy Services, including
amounts capitalized, included the following components (in thousands):
Service cost - benefits earned during the period ..... $ 1,069
Interest cost on APBO ................................ 1,141
Return on plan assets ................................ 0
Amortization of transition obligation ................ 704
---------
Net periodic postretirement benefit cost ............. $ 2,914
=========
The funded status of Entergy Services' postretirement plans as of
December 31,1993 was (in thousands):
Accumulated postretirement benefit obligation:
Retirees ........................................ $ 5,337
Other fully eligible participants ............... 3,712
Other active participants ....................... 9,529
---------
18,578
Plan assets at fair value .......................... 0
---------
Plan assets less than APBO ......................... (18,578)
Unrecognized transition obligation ................. 13,361
Unrecognized net loss .............................. 2,778
---------
Accrued postretirement benefit liability .......... $ (2,439)
=========
The assumed health care cost trend rate used in measuring Entergy Services'
was 9.9% for 1994, gradually decreasing each successive year until it
reaches 5.6% in 2020. A one percentage-point increase in the assumed
health care cost trend rate for each year would have increased the APBO of
Entergy Services as of December 31, 1993 by 8.9% and the sum of the service
cost and interest cost by approximately 11.4%. The assumed discount
rate and rate of increase in future compensation used in determining the
APBO were 7.5% and 5.5%, respectively.
4. LEASES
The Company records the assets and related obligations applicable to capital
leases. The assets and liabilities associated with the capital lease at
December 31, 1993 and 1992 are presented below (in thousands):
1993 1992
Assets:
Computer equipment ........................ $ 9,673 $ 9,673
Accumulated amortization .................. (4,150) (2,749)
--------- ---------
Net ................................. $ 5,523 $ 6,924
========= =========
Liabilities:
Capital lease obligation .................. $ 3,883 $ 5,656
Current portion of capital lease obligation 1,640 1,268
--------- ---------
Total ................................ $ 5,523 $ 6,924
========= =========
At December 31, 1993, Entergy Services had capital and noncancelable operating
leases with minimum lease payments as follow (in thousands):
Capital Operating
Lease Leases
1994 ......................................... $ 3,037 $ 9,260
1995 ......................................... 3,037 6,818
1996 ......................................... 1,519 6,973
1997 ......................................... 7,022
1998 ......................................... 6,908
For years thereafter ......................... 45,819
--------- ---------
Minimum rental commitments ................... 7,593 $ 82,800
Less amount representing interest ............ 2,070 =========
---------
Present value of net minimum lease payments .. $ 5,523
=========
Rental expense for capital and operating leases amounted to approximately
$18.0 million, $20.0 million, and $20.9 million for 1993, 1992 and 1991
respectively.
Entergy Corporation has guaranteed Entergy Services' obligations under the
capital lease.
5. BULK POWER SYSTEM OPERATIONS
Entergy Services acts as agent for the coordination of joint bulk power system
operations among the System operating companies. All amounts receivable from
the power purchasers or payable to the power suppliers as a result of the
bulk power transactions are recorded in Entergy Services accounts receivable
or accounts payable balances, and have no effect on Entergy Services' income
or expenses.
6. SALE AND LEASEBACK OF COMPUTER CENTER
During 1985, Entergy Services entered into an agreement for the sale and
leaseback of the Computer Center land and building. The related lease has
been classified as an operating lease for accounting purposes and,
accordingly, the net book value of the building has been removed from the
balance sheet. A gain on the sale of approximately $3.5 million was deferred
and is being amortized over the primary term of the lease which is
twenty-five years with the option to extend the lease for six additional
consecutive terms of five years each. Estimated future minimum rental
commitments related to this lease are included in Note 4 - "Leases."
7. CANCELLED LEASE PAYABLE
Effective January 1, 1991, Entergy Services entered into a sublease agreement
for a leased office building. Entergy Services recorded a loss on its 1991
financial statements of $6.2 million primarily for the difference between the
remaining lease payments and the expected future rentals to have been received.
In 1992, Entergy Services cancelled the lease agreement and replaced it with
a new agreement with the new owners of the building. In conjunction with the
lease cancellation, Entergy Services received a payment of $4.7 million from
the sublessor in settlement of its obligation under the sublease, and an
additional loss of $1.3 million was recorded, primarily for the difference
between the amount received for cancellation of the sublease and the expected
future rental amount utilized in the initial computation of the loss. The
new arrangement provides for monthly payments of $171,000 through September
1997.
The noncurrent liability represents the amounts payable under the new
arrangement, net of approximately $2.1 million for the current portion
included in Accounts Payable. The noncurrent receivable from associated
companies represents amounts not yet collected from billing of the losses.
8. OTHER DEFERRED CREDITS
Other Deferred Credits (Account #253) consist of the following:
<TABLE>
<CAPTION>
1993 1992
<S> <C> <C>
Unamortized gain on sale of Computer Center (Note 6) .......... $ 2,457 $ 2,573
Accrued pension and postretirement benefit liabilities (Note 3) 24,792 20,883
Cancelled lease payable (Note 7) .............................. 8,022 9,730
Accrued rental liability ...................................... 2,374 3,115
Other ......................................................... 30 9
--------- ---------
$ 37,675 $ 36,310
========= =========
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XV Statement of Income
(In Thousands)
Account Description Current Year Prior Year
Income
457 Services rendered to associate companies $270,770 $206,377
458 Services rendered to nonassociate companies 326 313
421 Miscellaneous income or loss 113 199
-------- --------
Total Income 271,209 206,889
-------- --------
Expense
920 Salaries and wages 116,863 82,849
921 Office supplies and expenses 24,295 15,288
922 Administrative expense transferred - credit
923 Outside services employed 42,644 20,117
924 Property insurance 584 151
925 Injuries and damages 60 625
926 Employee pensions and benefits 19,698 20,136
928 Regulatory commission expense
930.1 General advertising expenses 6,159 3,465
930.2 Miscellaneous general expenses 5,926 12,230
931 Rents 23,906 27,767
932 Maintenance of structures and equipment 8,143 6,160
403 Depreciation and amortization expense 11,464 8,545
408 Taxes other than income taxes 10,204 7,710
409 Income taxes 313 179
410 Provision for deferred income taxes
411 Provision for deferred income taxes - credit (191) (161)
411.5 Investment tax credit (189) (173)
426.1 Donations 29 37
426.5 Other deductions
427 Interest on long-term debt
430 Interest on debt to associate companies 1,300 1,959
431 Other interest expense 1 5
-------- --------
Total Expense 271,209 206,889
-------- --------
Net Income or (Loss) $0 $0
======== ========
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Analysis of Billing
Associate Companies - Account 457
(In Thousands)
Direct Indirect Compensation Total
Costs Costs For Use Amount
Name of Associate Company Charged Charged of Capital Billed
457-1 457-2 457-3
<S> <C> <C> <C> <C>
Arkansas Power & Light Company 64,136 $17,151 $81,287
Louisiana Power & Light Company 64,112 17,109 81,221
Mississippi Power & Light Company 34,191 9,453 43,644
New Orleans Public Service Inc. 17,513 4,555 22,068
Entergy Corporation 15,227 5,284 20,511
System Fuels, Inc. 1,193 481 1,674
Entergy Enterprises, Inc. 1,494 346 1,840
Entergy Operations, Inc. 14,513 4,536 19,049
Entergy Power, Inc. 296 192 488
Deferred (994) (18) (1,012)
-------- ------- ----- --------
TOTAL $211,681 $59,089 - 0 - $270,770
======== ======= ===== ========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Analysis of Billing
Nonassociate Companies - Account 458
(In Thousands)
Instruction:
Provide a brief description of the services rendered to each nonassociate company:
Direct Indirect Compensation Excess Total
Cost Cost For Use Total or Amount
Name of Nonassociate Company Charged Charged of Capital Cost Deficiency Billed
458-1 458-2 457-3 458-4
<S> <C> <C> <C> <C> <C> <C>
Entergy Services Pension Plan $315 $11 $326 $326
Administration of Entergy Services
pension plan ---- --- --- ---- --- ----
TOTAL $315 $11 $0 $326 $0 $326
==== === === ==== === ====
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XVI - Analysis of Charges for Service Associate and
Nonassociate Companies
(In Thousands)
Instruction:
Total cost of service will equal for associate and nonassociate companies
the total amount billed under their separate analysis of billing schedules.
Associate Company Charges Nonassociate Company Charges Total Charges for Service
Direct Indirect Direct Indirect Direct Indirect
Account Description of Items Cost Cost Total Cost Cost Total Cost Cost Total
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $92,081 $24,529 $116,610 $253 $253 $92,334 $24,529 $116,863
921 Office Supplies and Expenses 19,838 4,451 24,289 6 6 19,844 4,451 24,295
922 Administrative Expense Transferred -
Credit
923 Outside Services Employed 37,172 5,472 42,644 37,172 5,472 42,644
924 Property Insurance 145 439 584 145 439 584
925 Injuries and Damages 19 41 60 19 41 60
926 Employee Pensions and Benefits 14,243 5,423 19,666 32 32 14,275 5,423 19,698
928 Regulatory Commission Expense
930.1 General Advertising Expenses 6,095 64 6,159 6,095 64 6,159
930.2 Miscellaneous General Expenses 3,846 2,079 5,925 1 1 3,847 2,079 5,926
931 Rents 14,645 9,257 23,902 4 4 14,649 9,257 23,906
932 Maintenance of Structures and
Equipment 7,450 693 8,143 7,450 693 8,143
403 Depreciation and Amortization Expense 8,253 3,200 11,453 11 11 8,253 3,211 11,464
408 Taxes Other Than Income Taxes 7,894 2,291 10,185 19 19 7,913 2,291 10,204
409 Income Taxes 313 313 313 313
410 Provision for Deferred Income Taxes
411 Provision for Deferred Income Taxes - (191) (191) (191) (191)
411.5 Investment Tax Credit (189) (189) (189) (189)
426.1 Donations 29 29 29 29
426.5 Other Deductions
427 Interest on Long-Term Debt
431 Other Interest Expense 1 1 1 1
-------- ------- -------- ---- --- ---- -------- ------- --------
TOTAL EXPENSES 211,681 57,902 269,583 315 11 326 211,996 57,913 269,909
Compensation for use of Equity Capital
430 Interest on Debt to Associate Companies 1,300 1,300 1,300 1,300
-------- ------- -------- ---- --- ---- -------- ------- --------
TOTAL COST OF SERVICE $211,681 $59,202 $270,883 $315 $11 $326 $211,996 $59,213 $271,209
======== ======= ======== ==== === ==== ======== ======= ========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XVII - Schedule of Expense Distribution by Department
or Service Function
(In Thousands)
Instruction:
Indicate each department or service function. (See Instruction 01-3 General
Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION
Account Total Corporate Exec. VP Chairman Legal Finance Vice VP Plan &
Number Description of Items Amount Overhead R & D Cust. Services Chairman System
Svc. Ops
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $116,863 $5,425 $1,858 $1,014 $2,644 $28,618 $390 $223
921 Office Supplies and Expenses $24,295 684 30 249 315 256 7,137 27 39
922 Administrative Expense Transferred -
Credit
923 Outside Services Employed $42,644 2,810 1,184 252 37 2,870 3,606 14
924 Property Insurance $584 1 580
925 Injuries and Damages $59 40 19
926 Employee Pensions and Benefits $19,697 2,500 496 190 337 5,469 19 20
928 Regulatory Commission Expense
930.1 General Advertising Expenses $6,160 13 6 1
930.2 Miscellaneous General Expenses $5,926 (698) 125 2 279 67 1,219 8 1
931 Rents $23,906 12,129 3 10 18 3 7,109 1
932 Maintenance of Structures and $8,143 26 103 16 2 2 4,177
Equipment
403 Depreciation and Amortization
Expense $11,464 773 50 114 160 3,824 33 2
408 Taxes Other Than Income Taxes $10,204 2,061 128 70 180 2,694 24 15
409 Income Taxes $313 (86) 286
410 Provision for Deferred Income Taxes ($191) (97)
411 Provision for Deferred Income Taxes - ($3) (3)
Credit
411.5 Investment Tax Credit ($186) (186)
426.1 Donations $30 30
426.5 Other Deductions
427 Interest on Long-Term Debt
430 Interest on Debt to Associate $1,300 1,014 286
Companies
431 Other Interest Expense $1 1
-------- ------- ------ ------ ------ ------ ------- ---- ----
TOTAL EXPENSES $271,209 $26,495 $1,445 $3,061 $2,045 $6,560 $64,926 $502 $314
======== ======= ====== ====== ====== ====== ======= ==== ====
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XVII - Schedule of Expense Distribution by Department
or Service Function
(In Thousands)
DEPARTMENT OR SERVICE FUNCTION
Trans. & Fin. & Marketing Customer GSU Communications Human SRGAD ETR Pres. Governmen Executive Total
Distribution Extl. Service Transition & Admin. COO-ESI Affairs Services Quality
Affairs
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 $12,099 $392 $7,630 $12,156 $1,407 $2,161 $13,084 $1,712 $1,529 $632 $1,733
921 1,899 111 2,232 2,461 1,190 596 1,018 311 314 349 4 482
922
923 748 1,186 5,980 1,949 1,661 1,175 2,988 148 202 154 827
924 3
925
926 1,652 68 1,060 1,614 159 347 2,186 186 8 63 308
928
930.1 1 3 3,122 37 5 2,938 26 1 1
930.2 497 108 767 146 39 1,399 1,305 73 95 34 159
931 157 1 126 197 46 26 3,887 11 2 16 23
932 278 61 23 9 (1) 2,621 3 17 28 1
403 568 2 170 320 22 455 1,667 50 3 100 20 53
408 840 26 456 843 95 145 879 111 6 41 120
409 113
410 (94)
411
411.5
426.1
426.5
427
430
431
------- ------ ------- ------- ------ ------ ------- ------ ------ ------ --- ------
$18,739 $1,897 $21,604 $19,746 $4,633 $9,241 $29,664 $2,625 $2,176 $1,417 $24 $3,707
======= ====== ======= ======= ====== ====== ======= ====== ====== ====== === ======
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XVII - Schedule of Expense Distribution by
Department or Service Function
(In Thousands)
DEPARTMENT OR SERVICE FUNCTION
Fossil System Bulk Fossil Fuels
Operations Planning Power Support Management
920 $14,136 $782 $4,074 $1,749 $1,415
921 3,052 93 805 390 251
922
923 13,798 98 324 362 271
924
925
926 1,856 101 595 281 182
928
930.1 6
930.2 196 6 60 7 32
931 54 3 29 34 21
932 209 33 535
403 1,872 99 975 88 44
408 913 55 281 123 98
409
410
411
411.5
426.1
426.5
427
430
431
------- ------ ------ ------ ------
$36,092 $1,237 $7,176 $3,569 $2,314
======= ====== ====== ====== ======
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Departmental Analysis of Salaries - Account 920
(In Thousands)
Departmental Salary Expense
Name of Department Included in Amounts Billed to Number of
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
<S> <C> <C> <C> <C> <C>
See page 21-A $116,863 $9,067 $107,543 $253 2,079
-------- ------ -------- ---- -----
TOTAL $116,863 $9,067 $107,543 $253 2,079
======== ====== ======== ==== =====
</TABLE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Instructions:
Provide a breakdown by subaccount of outside services employed. If the
aggregate amounts paid to any one payee a included within one subaccount is
less than $25,000, only the aggregate number and amount of all such
payment within the subaccount need be shown. Provide a subtotal for each
type of service.
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
See pages 21-B thru 21-P $42,644
=======
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Departmental Analysis of Salaries - Account 920
(In Thousands)
Departmental Salary Expense
Name of Department Included in Amounts Billed to Number of
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
<S> <C> <C> <C> <C> <C>
Corporate Overhead 5,425 503 4,922 24
Exec. VP Customer Service 1,858 308 1,550 31
Chairman 1,014 274 740 11
Legal Services 2,644 319 2,325 49
Finance 28,618 3,389 25,155 74 717
Vice Chairman 390 186 204
VP Plan & System Ops 223 14 209 2
Transmission & Distribution 12,099 80 12,019 203
Finance & External Affairs 392 147 245 2
Marketing 7,630 46 7,584 111
Customer Service 12,156 351 11,805 206
GSU Transition 1,407 1,329 78 15
Communication 2,161 514 1,647 36
Human Resources & Admin. 13,084 901 12,004 179 252
Regulatory Affairs 1,712 56 1,656 22
ETR Pres. & COO - ESI 1,529 2 1,527
Governmental Affairs 632 67 565 7
Total Quality 1,733 26 1,707 28
Fossil Operations 14,136 293 13,843 221
System Planning 782 74 708 12
Bulk Power 4,074 154 3,920 69
Fossil Support 1,749 13 1,736 38
Fuels Management 1,415 21 1,394 23
-------- ------ -------- ---- -------
$116,863 $9,067 $107,543 $253 2,079
======== ====== ======== ==== =======
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
OUTSIDE SERVICE - LEGAL
<S> <C> <C> <C>
Henry E. Braden 2122 N. Galvez St. NA $44
New Orleans, LA 70119
Chisenhall, Nestrud & Julian 400 West Capitol NA 70
Little Rock, AR 72201
Friday, Eldredge & Clark 400 West Capitol NA 214
Little Rock, AR 72201
Heidelberg & Woodliff P. O. Box 23040 NA 28
Jackson, MS 39225
Holcomb, Dunbar, Connell P. O. Box 707 NA 58
Oxford, MS 38655
Howry & Simon 1730 Pennsylvania Ave, NW NA 70
Washington, DC 20006
Jones, Walker, Waechter, et.al. 201 St. Charles Ave NA 130
New Orleans, LA 70170
Kullman, Inman, Bee, Downing & Banta P. O. Box 60118 NA 132
New Orleans, LA 70160
Mitchell, Williams, Selig, et.al. 320 West Capitol NA 90
Little Rock, AR 72201
Newman & Holtzinger 1615 L. Street, NW NA 150
Washington, DC 20036
Phelps Dunbar P. O. Box 23066 NA 53
Jackson, MS 39296
Reid & Priest 40 West 57th Street NA 1,129
New York, NY 10019
Sidley & Austin 2049 Century Park East NA 50
Los Angeles, CA 90067
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Steeg & O'Connor Place St Charles NA 39
New Orleans, LA 70170
Steptoe & Johnson 1330 Connecticut Ave NW NA 47
Washington, DC 20036
Ultrapro International 210 Main St Box 427 NA 31
Gladstone NJ 07934
Winston & Strawn 1400 L Street NW NA 292
Washington, DC 20005
Wise Carter Child & Caraway P O Box 651 NA 154
Jackson, MS 39205
Other (66) NA 96
------
Total 2,877
------
OUTSIDE SERVICE - ENGINEERING
A. J. Adoue & Associates 83 River Bluff Dr NA 58
Madisonville, LA 70447
Atlanta Technical Support 4151 Ashford Dunwoody Rd, Ste 165 NA 93
Atlanta, GA 30319
Cambridge Energy Research 20 University Road NA 40
Cambridge, MA 02138
Commint Technical Services 11511 Katy Freeway, Ste 450 NA 28
Houston, TX 77079
Custodis-Cottrell, Inc. P. O. Box 371101M NA 52
Pittsburgh, PA 15251
Dean/Dale & Dean Architects P.O. Box 4685 NA 26
Jackson, MS 39216
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Dynagen Inc 99 Erie St NA 48
Cambridge, MA 02139
Ebasco Services P. O. Box 7247-8830 NA 4,606
Philadelphia, PA 19170
Electric Power Research Institute P. O. Box 61000 NA 189
San Francisco, CA 94161
Entech Inc. 3187 Schichtl Drive NA 125
Conway, AR 72032
Flour Daniel P.O. Box 951290 NA 5,775
Dallas, TX 75395
H & R2 Inc. 400 Terry Parkway NA 44
Gretna, LA 70056
Henry Markel Associates 7017 Argonne Blvd NA 65
New Orleans, LA 70124
ICF Resources Inc P. O. Box 80351 NA 54
Baltimore, MD 21280
Independent Consultant Services Inc. P. O. Box 55025 NA 57
Metairie, LA 70055
Keystone Engineering Inc Manhattan Place, Ste 411 NA 33
Harvey, LA 70058
Manpower Inc P.O. Box 14008 NA 33
JAckson, MS 39236
Omnicron Telecommunications 2450 Severn Avenue, Ste400 NA 145
Metairie, LA 70001
Southern Temporary Services, Inc. 3520 West 69th St., Ste 101 NA 60
Little Rock, AR 72209
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Southwest Electric Company P O Box 850015 NA 50
Oklahoma City, OK 73185
Stone & Webster Engineering P. O. Box 1611 NA 79
Boston, MA 02205
Tulane University 6316 Willow St NA 45
New Orleans, LA 70118
University Of Arkansas 2801 South University NA 72
Little Rock, AR 72204
University Of New Orleans Lakefront NA 118
New Orleans, LA 70148
Willtel Communications Systems P O Box 96817 NA 45
Chicago, IL 60693
Woodward Clyde Consultants P O Box 66317 NA 294
Baton Rouge, LA 70896
Other (45) NA 1,121
------
Total 13,355
OUTSIDE SERVICE - AUDITING ------
Deloitte & Touche One Shell Square,37th Floor NA 84
New Orleans, LA 70139
Peat Marwick 444 S. Fifth St NA 58
Louisville, KY 40402
Other (2) NA 5
Total 147
OUTSIDE SERVICE - MANAGEMENT
CONSULTANTS
Bryan Associates, Inc. 235 Promenade St. NA 230
Providence, RI 02908
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Class A Systems Inc. 5785 Yonge Street Ste 707 NA 49
North York, Ontario, Canada
Commint Technical Services 11511 Katy Freeway, Ste 450 NA 121
Houston, TX 77079
EBA Associates Inc 4625 Jettridge Dr NW NA 34
Atlanta, GA 30327
Hay Management Consultants P O Box 8500 NA 25
Philadelphia, PA 19178
Bill Grimes Associates 2695 Villa Creek Dr, Ste 255 NA 44
Dallas, TX 75234
Independent Consultant Services Inc P. O. Box 55025 NA 36
Metairie, La 70053
IBM Credit Corp P.O. Box 660706 NA 295
Dallas, TX 75266
KMPG Peat Marwick P.O. Box 662020 NA 29
Dallas, TX 75266
Karen Rowlet 2500 Houma Blvd #109 NA 140
Metairie, LA 70001
Manatech Management 1200 Post Oak Blvd, Ste 520 NA 25
Houston, TX 77056
McKinsey & Company, Inc. Georgia-Pacific Center NA 2,643
133 Peachetree Street N E
Atlanta, GA 30303
Rohrer, Hibler & Replogle, Inc. 55 West Monroe Street NA 35
Chicago, IL 60603
Robert A Duncan 2892 Castlewood Drive NA 223
Atlanta, GA 30027
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Spectra, Inc. P.O. Box 1708 NA 311
Auburn, AL 36831
Synectics Inc 20 University Rd NA 60
Cambridge, MA 02138
Walker Research, LP P.O. Box 5357 NA 247
Indianapolis, IN 46255
Other (31) 252
------
Total 4,519
------
OUTSIDE SERVICE - OTHER
A & C Enercom P.O. Box 930246 NA 115
Atlanta, GA 31193
A C Nielsen P. O. Box 95228 NA 88
Chicago, IL 60694
Actuarial Sciences Associates, Inc. P. O. Box 23228 NA 153
Newark, NJ 07189
Access Speakers Bureau P O Box 22668 NA 31
Little Rock, AR 72221
Advantage 407 Briarwood Dr Ste 208 NA 56
Jackson, MS 39206
American Research Group, Inc P. O. Box 1039 NA 35
Cary, NC 27512
Ann Lee & Associates 2175 North St NA 35
Beaumont, TX 77701
Archie Manning 1420 First Street NA 50
New Orleans, LA 70130
Arkansas Power & Light P O Box 551 NA 215
Little Rock, AR 72203
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
B H Early Assn Inc 55E Monroe St Ste 4530 NA 87
Chicago, IL 60603
Barakat & Chamberlin 1800 Harrison St, 18th FL NA 275
Oakland, CA 94612
Bart's Office Furniture P. O. Box 24872 NA 267
New Orleans, LA 70184
Battelle P. O. Box 5395 NA 84
Seattle, WA 98105
Bauerlein Inc. 650 Poydras St, Ste 650 NA 39
New Orleans, LA 70130
Bechtel Constructors P. O. Box 195168 NA 45
Charlotte, NC 28219
Benrose Economic Consultants 299 Broadway, Ste 301 NA 83
New York, NY 10007
BSG Educational Service 11 Greenway Plaza, Ste 900 NA 128
Houston, TX 77046
Business Expertise P. O. Box 24968 NA 37
New Orleans, LA 70184
Business Information P. O. Box 8500-S2635 NA 39
Philadelphia, PA 19178
Bylites Inc. 712 East 11th Street NA 31
Little Rock, AR 72202
Cajun Company Inc P. O. Drawer 5-I NA 40
Lafayette, LA 70505
Comdisco, Inc. P. O. Box 96283 NA 61
Chicago, IL 60693
Client Server Technologies, Inc. 8410 W Bryn Mawr Ave, Ste 400 NA 52
Chicago, IL 60631
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Computer Channel Inc 6800 Jericho Turnpike, Ste 122 NA 35
Wsyosset, NY 11791
Connally Consulting Inc 10025 W Markham, Suite 240 NA 54
Little Rock, AR 72205
Cooper DPC 3920 Howard Ave NA 31
New Orleans, LA 70125
Corporate Marketing Inc P. O. Box 23762 NA 32
Harahan, LA 70183
Cranford Johnson Robinson Woods 303 West Capitol Ave. NA 359
Little Rock, AR 72201
Creative Thinking Association P. O. Box 308013 NA 120
Cleveland, OH 44130
Cromwell Architects 101 South Spring Street NA 27
Little Rock, AR 72201
Crown Sterling International 3212 7th Street NA 110
Metairie, LA 70002
CSI 835 Innovation Drive NA 69
Knoxville, TN 37932
Deloite & Touche One Shell Square, 37th Fl NA 43
New Orleans, LA 70139
Delta Com 723 Howard Ave NA 161
New Orleans, LA 70139
Diamond Data Systems 3500 Chateau Blvd, Ste C-104 NA 125
Kenner, LA 70065
Dimmitt & Owens Financial Inc P. O. Box 1589 NA 50
Troy, MI 48099
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Diversified Computer Consultants P. O. Box 640905 NA 137
Kenner, LA 70064
Douglas / Gallagher 3040 Post Oak Blvd, Ste 510 NA 71
Houston, TX 77056
Drake Beam Morin Inc P. O. Box 99586 NA 110
Chicago, IL 60693
D & B Software P.O. Box 102573 NA 86
Atlanta GA 30368
Ebasco Services P.O. Box 7247-8830 NA 200
Philadelphia, PA 19170
EPRI P.O. Box 61000 NA 3,412
San Francisco, CA 94161
Entre Computer 4241 Veterans Blvd NA 482
Metairie, LA 70006
Environmental Reclamation Services 113 Lakepoint Drive NA 38
Madison, MS 39110
Equifax Credit Information Services P. O. Box 4472 NA 45
Atlanta, GA 30302
Executrain 1450 Poydras St, Ste 610 NA 298
New Orleans, LA 70112
Finnin & Associates 204 Evergreen Ct NA 73
Pearl River, LA 70452
1ST Approach 690 Carlsbad Vlg Dr Ste204 NA 29
Carlsbad, CA 92008
First National Bank of Commerce P. O. Box 61745 NA 52
New Orleans, LA 70161
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Fisk Electric Company P. O. Box 7766 NA 55
Metairie, LA 70010
Flour Daniel Inc P. O. Box 951290 NA 230
Dallas, TX 75395
Garant And Associates 435 Fairview Blvd NA 34
Incline Village, NV 89451
Gartner Group, Inc. P.O. Box 10799 NA 113
Newark, NJ 07193
GE Electric Com P.O. Box 64011 NA 76
Pittsburgh, PA 15264
Gensler & Associates 700 Louisiana St NA 67
Houston, TX 77002
Glass & Associates 2700 Kingman St, Ste 104 NA 135
Metairie, LA 70006
Bill Grimes & Associates 2695 Villa Creek Dr, Ste 255 NA 154
Dallas, TX 75234
Herbert O'Donnell, Inc. P. O. Box 8665 NA 196
Metairie, LA 70011
Hewitt Associates P. O. Box 95135 NA 164
Chicago, IL 60694
Hibernia National Bank 313 Carondelet Street NA 1,019
New Orleans, LA 70130
Hooper, Hooper & Owen 801 Pennsylvania Ave.,NW, Ste 730 NA 195
Washington, DC 20004
IBM Corporation P. O. Box 660706 NA 212
Dallas, TX 75266
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Innova Group, Inc. 851 Washington St NA 65
Raleigh, NC 27605
Jerry Jackson & Associates P. O. Box 2466 NA 154
Chapel Hill, NC 27515
Karen Rowlett 2500 Houma Blvd #109 NA 99
Metairie, LA 70001
Kemp & Marshall Inc. 1010 South 7th St NA 72
Minneapolis, MN 55415
Kirk Tyson International 2021 Midwest Road, Ste 300 NA 27
Oak Brook, IL60521
KPMG Peat Marwick P. O. Box 198387 NA 120
Atlanta, GA 30384
Landmark Surveying Inc. P. O. Box 10219 NA 68
Jefferson, LA 70181
LCG Consulting 4962 El Camino Real, Ste 112 NA 111
Los Altos, CA 94022
Louisiana Power & Light, Inc. 142 Delaronde Street A 57
New Orleans, LA 70114
James Martin & Co 2100 Reston Pkwy, Ste 300 NA 243
Reston, VA 22091
Metzler & Associates 520 Lake Cook Road NA 236
Deerfield, IL 60015
McLaren Hart P.O. Box 751421 NA 155
Charlotte, NC 28275
Micro Endeavors Inc. 8001 Lansdown Ave NA 30
Upper Darby, PA 19082
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Miller Research Group, Inc. 10 Corporate Hill Dr Ste 100 NA 105
Little Rock, AR 72205
Moore Business Forms P.O. Box 890897 NA 40
Dallas, TX 75389
Microsoft Corp One Microsoft Way NA 80
Redmond, WA 98052
Mississippi Power & Light Co. P. O. Box 1640 A 53
Jackson, MS 39215
Mississippi State University P.O. Drawer P NA 100
Starkville, MS 39762
Multi Quest 708 Rosa Ave NA 46
Metairie, LA 70005
National Educational Training P.O. Box 75638 NA 37
Chicago, IL 60675
NOLA Computer Services P.O. Box 56639 NA 35
New Orleans, LA 70167
Ogilvy Adams & Rinehart 708 Third Ave. NA 51
New York, NY 10017
Pace Sound & Lighting 808 Dakin Ave NA 135
Jefferson, LA 70121
Peoplesoft 1331 North California Blvd. NA 31
Walnut Creek, CA 94596
Precision Learning Systems Inc. 3531 Habersham at Northlake NA 54
Tucker, GA 30084
Production Manufacturing & Computer P. O. Drawer 689 NA 131
Slidell, LA 70459
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Real Decisions Corp 22 Thorndal Circle NA 34
Darien, CT 06820
Rebsamen Insurance, Inc. 1500 Riverfront Drive NA 98
Little Rock, AR 72203
Russell & Associates 2437 Jefferson Ave. NA 30
New Orleans, LA 70115
Security Van Lines P.O. Box 830 NA 37
Kenner, LA 70063
SEI Benefit Services P.O. Box 7780-1890 NA 44
Philadelphia, PA 19182
Seno & Associates Inc. 810 W Army Trail Rd NA 73
Carol Strean, IL 60188
Bill Simpson 504 Madison Bldg NA 30
1155 15th St, NW
Washington, DC 20005
William Sizeler & Associates 300 Lafayette Mall, Ste 200 NA 117
New Orleans, LA 70130
Spectra, Inc. P. O. Box 1708 NA 165
Auburn, AL 36831
Stagg Systems, Inc. 400 North 5th Street NA 35
Phoenix, AZ 85004
Staywell Health Management P. O. Box 21427 NA 51
Eagan, MN 55121
Structured Solutions 400 Interstate North Pkwy NA 63
Atlanta, GA 30339
Synetics Corp 750 Hammond Dr, #7 NA 373
Atlanta, GA 30328
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Synercom Technology, Inc. 2400 City West Blvd NA 126
Houston, TX 77042
Tech Resources Inc. 8351 N High St. Ste 281 NA 375
Columbus, OH 43235
The B/R/S Group, Inc. FCB Center, 101 East Erie NA 72
Chicago, IL 60611
The Chicago Group 744 North Wells St NA 144
Chicago, IL 60610
Trinzic Corporation 101 University Ave. NA 31
Palo Alto, CA 94301
Tulane University P. O. Box 61000 NA 135
New Orleans, LA 70118
Ultrapro 210 Main St, Box 427 NA 86
Gladstone, NJ 07934
United Networks Limited 203 Carondelet St NA 31
New Orleans, LA 70130
University of Arkansas 325 Administration Bldg NA 55
Fayetteville, AR
Utility Management Services P. O. Box 193 NA 104
Madison, NJ 07940
VLFR Consulting Service 5473 N. University Dr. NA 78
Lauderhill, FL 33351
Walker - CSM P.O. Box 66270 NA 1,270
Indianapolis, IN 46266
The WEFA Group, Inc. P.O. Box 8500-S-1995 NA 331
Philadelphia, PA 19178
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Outside Services Employed - Account 923
(In Thousands)
Relationship
"A" - Associate
"NA" - Non
From Whom Purchased Address Associate Amount
<S> <C> <C> <C>
Wiltel Communications P.O. Box 96817 NA 32
Chicago, IL 60693
WSI Corp P.O. Box 371132 NA 149
Pittsburg, PA 15251
Wyatt Company 303 West Madison St., Ste 2400 NA 68
Chicago, IL 60606
Xerox Corporation P.O. Box 25177 NA 90
Santa Ana, CA 92799
Supplemental Retirement Plan NA 1,757
Other (433) NA 2,382
-------
Total 21,746
-------
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Employee Pensions and Benefits - Account 926
(In Thousands)
Instructions:
Provide a listing of each pension plan and benefit program provided by the
service company. Such listing should be limited to $25,000.
Description Amount
Medical and other benefits offered under a flexable
benefit programs $10,579
Savings plan 2,275
Pension plans 4,787
Employee Meetings/Functions/Awards 1,809
Educational Reimbursement 222
Other 26
-------
TOTAL $19,698
=======
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
General Advertising Expenses - Account 930.1
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 930.1, "General Advertising
Expenses," classifying the items according to the nature of the advertising and
as defined in the account definition. If a particular class includes an amount
in excess of $3,000 applicable to a single payee, show separately the name of
the payee and the aggregate amount applicable thereto.
<TABLE>
<CAPTION>
Description Name of Payee Amount Amount
<S> <C> <C>
Advertising in Newspapers, periodicals, Arkansas Hospitality $3
billboards, radio, etc. Arkansas Power & Light 200
ASHRAE 10
Bravo Special Events 23
Carlson Marketing 10
CPI Consulting services 30
Cranford Johnson & Robinson 823
Curtis E Rodgers 14
Edison Electric Institute 5
Electric Power Research Institute 15
Fitzgerald Advertising 38
Forbes, Inc. 5
Group C Communications 15
H & H Hoopers, Inc. 15
Information Architecture 206
Institutional Investor 16
Jackson Simon Limited 16
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
General Advertising Expenses - Account 930.1
(In Thousands)
Description Name of Payee Amount Amount
<S> <C> <C>
Advertising in Newspapers, periodicals,
billboards, radio, etc. Louisiana Restaurant Association $6
Lewis Advertising 377
Like Dempictures 11
Louisiana Power & Light 159
Mardi Gras World 10
Marketing Information Services 3
Meridien New Orleans 5
Mississippi Power & Light 15
Monteleone 21
New Orleans Marriot 7
New Orleans Saints 38
Saenger 8
Sheraton New Orleans 10
Southern Hospitality 19
Sportsman's Paradise 4
Stuart C Irby Co 4
The Westin Canal Place 61
Wildlife Farms 9
Windsor Court Hotel 5
Advertising Matter such as Posters, American Culinary Federation 5
Bulletins, booklets and related items Bauerlein 1135
Deli Concepts 8
Ernest N Morial Convention Center 12
Foster Associates, Inc. 140
Freeport-McMoran Golf Classic 85
Gaston's White River Resort 5
Graphic Reproduction 9
Greater Little Rock 4
Maris, West & Baker Inc 1,283
The B/R/S Group, Inc 23
The Electric Cooking Council 179
Thoma & Thoma 127
White Advertising 4
21ST Century Communication 4
Fees and expenses of advertising Archie Manning 13
agemcies and commercial artists Bylites, Inc. 51
City of N.O. Gas Marketing Program 237
Doug Rye & Associates 24
Electrotechnology Marketing Group 22
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
General Advertising Expenses - Account 930.1
(In Thousands)
Description Name of Payee Amount Amount
<S> <C> <C>
Fees and expenses of advertising agencies Elizabeth D Sampson $4
and commercial artists Lockwood Greene 5
Madison County EDA 7
Mills McCarthy & Associates 4
On Target Marketing 3
Pace Systems 12
Rohm's Floral Design 4
Synectics, Inc. 6
Teltech Resource Net 8
Tennessee Center for R & D 8
Washington Speakers 8
Postage and Direct Mail Advertising Packaging Plus 6
Printing of Booklets, Dodgers,
Bulletins,etc. AD Ventures, Inc. 4
Calvin Mitchell, Inc. 3
Capitol Advertising 27
Dom Grieshaber Promotions 5
Gemini Manufacturing 6
H K Stewart 37
Joe A Cummins Advertising 12
Mail Processing Specialties 3
Marketing Professionals 4
Ramona Robuck 17
Sandra M Steudlein 5
Screen Prints 3
Supplies & Expenses in Preparing Advertising Arkansas District Export Council 5
Materials ARA Leisure Services 4
Equifax Credit Information 10
Hederman Brothers 6
N.O. Paddlewheels, Inc. 12
Two Rivers Duck Club 18
Others 317
------
TOTAL $6,159
======
</TABLE>
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Miscellaneous General Expenses - Account 930.2
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 930.2, "Miscellaneous
General Expenses," classifying such expenses according to their nature.
Payments and expenses permitted by Section 321(b)(2) of the Federal Election
Campaign Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. SS441(b)(2))
shall be separately classified.
Description Amount
Employee development $1,488
Employee relocation and outplacement 3,634
Applicant expenses 215
Recruiting advertising 52
Corporate printing and distribution 1,125
Other corporate expenses
------
Total $5,926
======
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Rents - Account 931
(In Thousands)
Instructions.
Provide a listing of the amount included in Account 931, "Rents,"
classifying such expenses by major groupings of property, as
defined in the account definition of the Uniform System of Accounts.
Type of Property Amount
General office $12,296
Office furniture and fixtures 506
Computer hardware 5,358
Computer software 2,298
Aircraft 2,985
Other 463
-------
TOTAL $23,906
=======
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Taxes Other Than Income Taxes - Account 408
(In Thousands)
Instructions:
Provide an analysis of Account 408, "Taxes Other Than Income Taxes." Separate
the analysis into two groups: (1) other than U.S. Government taxes, and (2)
U.S. Government taxes. Specify each of the various kinds of taxes and
show the amounts thereof. Provide a subtotal for each class of tax.
Kind of Tax Amount
See page 24-A $10,204
-------
TOTAL $10,204
=======
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Donations - Account 426.1
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 426.1, "Donations,"
classifying such expenses by its purpose. The aggregate number and amount
of all items of less than $3,000 may be in lieu of details.
Name of Recipient Purpose of Donation Amount
Louisiana State University Educational $4
Others (69) Various charitable and educational 25
---
TOTAL $29
===
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Taxes Other Than Income Taxes - Account 408
(In Thousands)
Kind of Tax Amount
Taxes Other Than U.S. Government Taxes
Property taxes $790
Unemployment taxes 793
Franchise taxes 107
Other taxes 531
-------
Total 2,221
-------
U.S. Government Taxes
FICA taxes 7,859
Unemployment taxes 124
-------
Total 7,983
-------
TOTAL $10,204
=======
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Other Deductions - Account 426.5
(In Thousands)
Instructions:
Provide a listing of the amount included in Account 426.5, "Other Deductions,"
classifying such expenses according to their nature.
Description Name of Payee Amount
None
-----
TOTAL - 0 -
=====
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Schedule XVIII - Notes to Statement of Income
Instructions:
The space below is provided for important notes regarding the statement of
income or any account thereof. Furnish particulars as to any significant
increases in services rendered or expenses incurred during the year. Notes
relating to financial statements shown elsewhere in this report may be
indicated here by reference.
See Notes to Financial Statements on pages 14-B thru 14-H
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Organization Chart
See pages 26 - A
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Methods of Allocation
See page 26 - B thru 26 - D
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Annual Statement of Compensation for Use of Capital Billed
- None -
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Organization Chart
Chairman
Vice Chairman
Administrative Services
Total Quality Improvements
President & COO
Marketing
VP Customer Service
Customer Service
Transmission & Distribution
Planning & System Operations
Finance & External Affairs
Finance
Legal Services
Governmental Affairs
Communications
Regulatory Affairs
Human Resources & Administration
GSU Transition
System Generation
System Planning
Bulk Power Marketing
Fossil Operations
Fossil Support
Fuels Management
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Methods of Allocation
Note: Each allocation formula is based on data relevant to the participating
State Legal Entity.
Energy Sales
Based on total electric/gas energy sold to Residential, Commercial,
Industrial, Government and Municipal consumers.
Customers
Based on a twelve month average of Residential, Commercial, Industrial,
Government and Municipal general business electric/gas customers.
Employees
Based on the number of full time employees at year-end.
Capability/Responsibility Ratio
The Capability/Responsibility Ratio of a company is the System capability
multiplied by the ratio obtained by dividing a company's peak load by the
System peak load. The company's peak load is the average of the twelve
monthly highest clock hour demands in kilowatts of the Company's
interconnected system, occurring each month coincident with the System
peak load, during the twelve month period ending with the current month.
Composite - Energy Sales, Customers, Employees and Capability/Responsibility
Ratio
Based on four components with equal weighting to each: kilowatt-hour
energy sales, average customer, number of employees and capability
responsibility ratio.
Composite - Energy Sales, Customers and DCS Employees
Based on three components of equal weighting: energy sales, average
customers and number of Distribution and Customer Service employees.
Transmission Line Miles
Based on the number of miles of transmission lines, weighted for design
voltage. (Voltage < 500kv = 1, Voltage >= 500kv = 2)
Substations
Distribution Substations is based on the number of high voltage
substations weighted for voltage. (Voltage < 500kv = 1,
Voltage >= 500kv = 2)
Aircraft Ridership
Based on employee use of company aircraft.
Disaster Recovery Applications
Based on the number of software applications that require alternate
mainframe processing support for business continuity during a computer
center disaster.
Equity/Capitalization Ratio
This ratio is computed for Entergy Corporation and the Client Companies
as follows: . Entergy Corporation's allocation is the ratio of common
shareholders equity to total capitalization; . the Client Companies
allocation is the ratio of preferred stock plus long term debt to
total capitalization.
Final Bill Processing
Based on the total number of final bills processed for collection.
Gas Consumption
Based on the volume of natural gas consumed annually by all gas fired
generating units within the Entergy system.
Income and Deduction Ratio
Based on the previous years federal income tax return, total income
plus total deductions.
Level of Service
Based on Entergy Services' total billings to each Client Company
excluding corporate overhead.
Money Pool Transactions
Based on each company's use of the money pool, weighted 75% on
frequency of transactions, and 25% on dollar amount of the transaction.
Nuclear and Casualty/Property Insurance Premiums
Based on total Client Company costs for the previous year's insurance
premium.
Participants in Plans
Several formulae are based on the number of participants in various
Client Company plans and programs, such as:
. Savings Plan
. Flexible Benefits Programs
. Master Trust Plan
. ESOP
. Student/Parent Loan Program
. Systemwide Welfare Plans
. Benefits Plus Flexible Spending Account
. Non-Qualified Defined Contribution Restoration Plan
. Personal Effects Floater Plan
. Personal Property and Casualty Benefits
Preferred Stockholders
Based on total number of preferred stockholders at year-end.
Revenues
Based on total general business revenues from energy sales to
Residential, Commercial, Industrial, Government and Municipal consumers.
System Capacity
Based on the power level, rated in kilowatts, that could be achieved if
all generating units were operating at maximum capability simultaneously.
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Appendix
Information in Compliance With Item 4 of SEC
Letter Dated December 29, 1986
(In Thousands)
Cost of services charged to Service Requests established to track cost of
functions performed by System Fuels, Inc. (SFI) personnel transferred to
Entergy Services, Inc. (Entergy Services).
Amount
Direct Cost:
Labor and related cost $384
Other direct cost 86
Indirect cost 189
------
Total 658
------
Cost of services charged to Service Requests not
related to the transfer of SFI personnel 1,020
------
Total cost of services performed by Entergy Services
and billed to SFI $1,678
======
Amounts billed to Operating Companies for Fuel Oil Program* $1,133
Charged to Nuclear Fuel Inventory 79
Charged to Gas and Oil Development and Production Program 466
------
Total $1,678
======
* Amounts charged to the Fuel Oil Program as a component of period cost.
For 1993, based on monthly averages, period costs were allocated, 13%
to Arkansas Power & Light Company (AP&L), 57% to Louisiana Power &
Light Company, 19% to Mississippi Power & Light Company and 11%
to New Orleans Public Service Inc.
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
For the Year Ended December 31, 1993
Appendix
Information in Compliance With Item 4 of SEC
Letter Dated December 29, 1986
Allocation of Indirect Cost
Indirect cost is comprised of labor loading and variable overhead. The labor
loading and variable overhead are allocated to Service Requests on the basis
of labor dollars charged to each Service Request.
Fuels Department Cost The labor costs of Entergy Services personnel,
performing work for SFI, are recorded by the Service Request process similar
to all other costs incurred by Entergy Services. Various Service Requests
have been established in Entergy Services to track the cost of functions
performed by Entergy Services personnel for SFI matters which are billed
100% to SFI.
Services Provided
The Entity Accounting Section, of General Accounting Services, provides
accounting services to SFI in the following areas: general ledger,
preparation of financial and operating reports, accounts payable, fuel
oil inventory accounting, nuclear fuel inventory accounting, joint venture
accounting, disbursements of royalties and revenues to joint venture
partners, billings of fuels and services provided to the Operating
Companies, coordination and preparation of budgets and forecast for SFI and
data required by various regulatory agencies and others.
An SFI Business Unit provides services that include operation and
supervision of the operating oil and gas wells, administering contracts for
product sales, collecting and distributing of revenues from product
sales, administering operating agreements including collection of
expenses from other working interest and maintenance of fuel oil facilities.
Changes in Organization
As previously reported, the System's fuels planning and procurement
administration was reorganized during 1988, which redefined the fuels
management roles and placed the responsibility for most fuel procurement
decisions with the Entergy Corporation System Executives.
In general, the Operating Companies execute and administer power plant gas
and coal contracts under an acquisition and administration policy. SFI,
utilizing Entergy Services personnel, continues to be responsible for gas
and oil production, financing nuclear fuel inventory and fuel oil inventory
and facilities, and accounting functions related to these continuing
activities. SFI, its Parents, and its former leaseholders of the four
rail car leases, completed negotiations for the assignments of those leases
to Arkansas Power & Light Company (AP&L). The appropriate documents were
filed with the SEC, and subsequently the order authorizing the assignment
was issued (see HCAR No. 25576 in SEC file No. 70-8001). On April 30,
1993 the assignment was completed. AP&L assumed all rights and obligations
for the four rail car leases releasing SFI and three if its Parent Companies
of any "keep well" obligations for these leases.
<PAGE>
ANNUAL REPORT OF ENTERGY SERVICES, INC.
Signature Clause
Pursuant to the requirements of the Public Utility Holding Company Act of 1935
and the rules and regulations of the Securities and Exchange Commission issued
thereunder, the undersigned company has duly caused this report to be
signed on its behalf by the undersigned officer thereunto duly authorized.
Entergy Services, Inc.
(Name of Reporting Company)
By: /s/ Lee W. Randall
(Signature of Signing Officer)
L. W. Randall Vice President & Chief Accounting Officer
(Printed Name and Title of Signing Officer)
Date: April 29, 1994
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