UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-13-60
ANNUAL REPORT
FOR THE PERIOD
Beginning January 1, 1999 and Ending December 31, 1999
TO THE
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
ENTERGY ENTERPRISES, INC.
___________________________________________________________________
(Exact Name of Reporting Company)
A Subsidiary Service Company
________________________________________________________
("Mutual " or "Subsidiary")
Date of Incorporation December 30, 1983 If not Incorporated, Date of
Organization __________________
State or Sovereign Power under which Incorporated or Organized
Louisiana
Location of Principal Offices of Reporting Company 639 Loyola Avenue,
New Orleans, Louisiana 70113
Name, title and address of officer to whom correspondence concerning this
report should be addressed:
Mr. Steven C. McNeal Vice President and Treasurer
(Name) (Title)
P.O. Box 61000, New Orleans, La. 70161
(Address)
Name of Principal Holding Company Whose Subsidiaries are served by
Reporting Company:
Entergy Corporation
1 of 27 pages
<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, 210.3-01(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.
2 of 27 pages
<PAGE>
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
Schedule or Page
Description of Schedules and Accounts Account Number Number
Comparative Balance Sheet Schedule I 4-5
Service Company Property Schedule II 6
Accumulated Provision for Depreciation and
Amortization of Service Company Property Schedule III 7
Investments Schedule IV 8
Accounts Receivable from Associate Companies Schedule V 8
Fuel Stock Expenses Undistributed Schedule VI 9
Stores Expense Undistributed Schedule VII 9
Miscellaneous Current and Accrued Assets Schedule VIII 10
Miscellaneous Deferred Debits Schedule IX 10
Research, Development, or Demonstration Expenditures Schedule X 10
Proprietary Capital Schedule XI 11
Long-Term Debt Schedule XII 12
Current and Accrued Liabilities Schedule XIII 13
Notes to Financial Statements Schedule XIV 13
Comparative Income Statement Schedule XV 14
Analysis of Billing - Associate Companies Account 457 15
Analysis of Billing - Nonassociate Companies Account 458 16
Analysis of Charges for Service - Associate
and Nonassociate Companies Schedule XVI 17
Schedule of Expense of Department or Service Function Schedule XVII 18
Departmental Analysis of Salaries Account 920 19
Outside Services Employed Account 923 20
Employee Pensions and Benefits Account 926 21
General Advertising Expenses Account 930.1 21
Miscellaneous General Expenses Account 930.2 22
Rents Account 931 22
Taxes Other Than Income Taxes Account 408 23
Donations Account 426.1 23
Other Deductions Account 426.5 24
Notes to Statement of Income Schedule XVIII 24
Financial Data Schedule XIX 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
Signature Clause 27
3 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
Schedule I - Comparative Balance Sheet
<TABLE>
<CAPTION>
<S> <C> <C> <C>
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
101 Service company property (Schedule II) $ 8,209,493 $ 10,676,142
107 Construction work in progress (Schedule II) 23,228 144,884
-------------------------
Total Property 8,232,721 10,821,026
-------------------------
108 Less accumulated provision for depreciation and
amortization of service -
company property (Schedule III) 4,093,297 5,349,536
-------------------------
Net Service Company Property 4,139,424 5,471,490
-------------------------
Investments
123 Investments in associate companies (Schedule IV) - 311,588
124 Other Investments (Schedule IV) - -
128 Special Funds (Schedule IV) 334,677 353,691
-------------------------
Total Investments 334,677 665,279
-------------------------
Current and Accrued Assets
131 Cash 6,810,817 5,428,865
134 Other special deposits 20,288 -
135 Working funds 175,369 573,381
136 Temporary cash investments (Schedule IV) 12,532,578 13,175,394
141 Notes Receivable 2,063,753 2,223,556
142 Customer Accounts Receivable - -
143 Accounts receivable 206,290 84,302
144 Accumulated provision of uncollectible accounts (2,063,753) -
146 Accounts receivable from associate companies (Schedule V) 16,611,538 15,370,002
152 Fuel stock expenses undistributed (Schedule VI) - -
154 Materials and supplies - -
163 Stores expense undistributed (Schedule VII) - -
165 Prepayments 737,824 506,294
174 Miscellaneous current and accrued assets (Schedule VIII) 12,901 30,976
-------------------------
Total Current and Accrued Assets 37,107,605 37,392,770
-------------------------
Deferred Debits
181 Unamortized debt expense
183 Preliminary survey and investigation charges 6,318,814
184 Clearing accounts (93,106)
186 Miscellaneous deferred debits (Schedule IX) (3,580,568) (3,641,258)
188 Research, development, or demonstration expenditures
(Schedule X)
190 Accumulated deferred income taxes 13,402,992 16,538,365
-------------------------
Total Deferred Debits 16,048,132 12,897,107
-------------------------
TOTAL ASSETS AND OTHER DEBITS $57,629,838 $ 56,426,646
=========================
</TABLE>
4 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
Schedule I - Comparative Balance Sheet
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Account Account Liabilities and Proprietary Capital As of December 31
Current Prior
Proprietary Capital
201 Common stock issued (Schedule XI) $ 57,400,000 $ 57,400,000
211 Miscellaneous paid-in-capital (Schedule XI) 209,000,000 173,000,000
216 Unappropriated retained earnings (Schedule XI) (247,964,241) (212,809,519)
---------------------------
Total Proprietary Capital 18,435,759 17,590,481
---------------------------
Long-Term Debt
223 Advances from associate companies (Schedule XII) 14,500,000 17,500,000
224 Other long-term debt (Schedule XII) - -
225 Unamortized premium on long-term debt - -
226 Unamortized discount on long-term debt-debit - -
227 Capital Leases - -
---------------------------
Total Long-Term Debt 14,500,000 17,500,000
---------------------------
Current and Accrued Liabilities
231 Notes payable - -
232 Accounts payable 4,547,899 10,233,214
233 Notes payable to associate companies (Schedule XIII) - -
234 Account payable to associate companies (Schedule XIII) 15,496,740 4,462,458
236 Taxes accrued (4,789,567) (2,199,104)
237 Interest accrued - -
238 Dividends declared - -
241 Tax collections payable (1,084,298) (461,443)
242 Miscellaneous current and accrued liabilities (Schedule XIII) 10,567,126 9,344,862
---------------------------
Total Current and Accrued Liabilities 24,737,900 21,379,987
---------------------------
Deferred Credits
253 Other deferred credits (43,821) (43,822)
255 Accumulated deferred investment tax credits - -
---------------------------
Total Deferred Credits (43,821) (43,822)
---------------------------
282 Accumulated Deferred Income Taxes - -
---------------------------
TOTAL LIABILITIES AND PROPRIETARY CAPITAL $ 57,629,838 $ 56,426,646
===========================
</TABLE>
5 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule II - Service Company Property
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Balance at Retirements Balance
Beginning or Other (1) at Close
Description of Year Additions Sales Changes of Year
Service Company Property
Account
301 Organization $126,136 $126,136
303 Miscellaneous Intangible Plant 173,995 173,995
304 Land and Land Rights
305 Structures and Improvements
306 Leasehold Improvements 3,326,786 1,324,874 2,027,778 2,623,882
307 Equipment
308 Office Furniture and
Equipment 7,223,220 1,294,827 3,106,430 5,411,617
309 Automobiles, Other Vehicles
and Related Garage Equipment
310 Aircraft and Airport Equipment
311 Other Service Company
Property (3) ---------------------------------------------------------
SUB-TOTAL 10,676,142 2,793,696 5,260,344 8,209,493
---------------------------------------------------------
107 Construction Work in Progress 144,884 14,142 135,798 23,228
---------------------------------------------------------
TOTAL $10,821,026 $2,807,838 $5,396,142 $8,232,721
=========================================================
</TABLE>
(1) Provide an explanation of those changes considered material:
(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
Office Furniture and Equipment
Furniture $545,609 $2,323,556
Computer Equipment 741,137 1,983,613
Telephone 8,081 1,104,448
----------------------
TOTAL $1,294,827 $5,411,617
======================
(3) Describe other service company property:
6 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule III - Accumulated Provision for Depreciation and Amortization
of Service Company Property
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Balance at Additions Other Balance
Beginning Charged to Changes Add at Close
Description of Year Account 403 Retirements (Deduct) (1) of Year
Account
301 Organization $126,135 $126,135
303 Miscellaneous Intangible Plant
304 Land and Land Rights
305 Structures and Improvements
306 Leasehold Improvements 1,489,743 444,261 787,967 1,146,037
307 Equipment
308 Office Furniture and Fixtures 3,733,657 1,087,436 1,873,833 2,947,260
309 Automobiles, Other Vehicles
and Related Garage Equipment
310 Aircraft and Airport Equipment
311 Other Service Company
Property
-----------------------------------------------------------
$5,349,535 $1,531,697 $2,787,935 $4,093,297
===========================================================
(1) Provide an explanation of those changes considered material:
</TABLE>
7 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule IV - Investments
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
Entergy Operations Services, Inc. $ 311,588 $ -
-------------------------
TOTAL $ 311,588
=========================
Account 128 - Special Funds
Houston, Washington, London, & EOSI
office security deposits 353,691 334,677
Account 136 - Temporary Cash Investments
Commercial paper 12,046,714 4,998,756
Money market 1,128,680 7,533,822
------------------------
TOTAL 13,175,394 12,532,578
========================
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule V - Accounts Receivable from Associate Companies
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.
Balance at Balance at
Description Beginning Close of
of Year Year
Account 146 - Accounts Receivable from
Associate Companies
See page 8-A 15,370,002 16,611,538
----------------------
TOTAL 15,370,002 16,611,538
======================
Total
Analysis of Convenience or Accommodation Payments
Payments:
See page 8-A 11,791,311
----------
TOTAL PAYMENTS 11,791,311
==========
8 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule V - Accounts Receivable from Associate Companies
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.
Balance at Balance at
Description Beginning Close of
of Year Year
Account 146 - Accounts Receivable from Associate Companies
Entergy Power Development Corp. 1,144,212 7,430,117
Entergy Enterprises-Retail Services Division (787,316)
Entergy S.A. (40,679) (40,679)
Entergy International Holdings, Ltd, LLC 5,561,855 144,602
Entergy Power, Inc. 74,483 80,871
Entergy Power Edegel 82,797 162,322
Entergy ISI 435,711
Entergy Pakistan, Ltd. 14,327 98,138
Entergy Power CBA Holding, Ltd. (1,956) (1,956)
Entergy Power Marketing Corp. 1,224,662 2,010,826
Entergy Operations Services, Inc. 269,348 92,366
Entergy Power Operations Corp. 113,807 217,857
Entergy Power Edesur Holding 35,752 60,297
Entergy Technologies Holding Co. 351,976 277,002
Entergy Services Inc. (3,317,340) (538,433)
Entergy Holdings, Inc. 19,509
Entergy Business Solutions LLC 566,231 27,719
Entergy Thermal LLC 260,009
Entergy Power Generation Corp. 438,383 438,383
Entergy Power International Holdings Corp. 2,438,893 555,427
Entergy Technologies Corp. 125,195 176,993
Entergy Enterprises Inc. (Divisions) 357,008 1,969,079
Entergy International Ltd. 1,380,299
Entergy Nuclear Generation Corp. 1,632,426
Entergy Nuclear Inc. 724,967 578,187
Entergy Corporation 2,302,920 138,520
Entergy Power Asia 10,398 532,653
Entergy Power Chile, Inc. 32,842 81,045
Entergy Power Chile S.A. 5,742
Entergy Trading & Marketing 1,854,282 435,645
Entergy Global Power Operations Corp. 131 181
Entergy do Brazil (27,445) (58,897)
Entergy Power Operations U.S., Inc. 131 181
Kingsnorth Power Ltd. (2,014) (2,014)
8-A of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule V - Accounts Receivable from Associate Companies
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.
Balance at Balance at
Beginning of Close of
Description Year Year
Account 146 - Accounts Receivable from Associate Companies
EPG-Cayman Holding I 100
EPG-Cayman Holding II 100
Entergy Victoria 200
Entergy Louisiana, Inc. (902)
Entergy Mississippi, Inc. (3,048)
Entergy New Orleans, Inc. (7,509)
Entergy Operations, Inc. (810)
Entergy Gulf States, Inc. (152,081)
Entergy Arkansas, Inc. (2,488)
-----------------------
TOTAL 15,370,002 16,611,538
=======================
Total
Analysis of Convenience or Accommodation Payments: Payments
Entergy Nuclear, Inc. 3,254,304
Entergy Nuclear Generation Corp 4,304,446
Entergy International Holdings Ltd LLC 3,519,824
Entergy Operations Services, Inc. 712,737
----------
TOTAL PAYMENTS 11,791,311
==========
8-B of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule VI - Fuel Stock Expenses Undistributed
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 NONE NONE NONE
Undistributed
-------------------------------
TOTAL 0 0 0
===============================
Summary:
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule VII - Stores Expense Undistributed
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 NONE NONE NONE
Undistributed
------------------------------
TOTAL 0 0 0
==============================
9 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule VIII - Miscellaneous Current and Accrued Assets
Instructions:
Provide detail of items in this account. Items less than $10,000 may
be grouped, showing the number of items in each group.
Balance at Balance at
Beginning of Close of
Description Year Year
Account 174 - Miscellaneous Current and Accrued Assets
Interest Receivable on Temporary Investments $18,075
Income Tax Receivable 12,901 12,901
Other -------------------
$30,976 $12,901
===================
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule IX - Miscellaneous Deferred Debits
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 Close of
Year Year
Account 186 - Miscellaneous Deferred Debits
Employee Benefits and Taxes ($3,255,699) ($3,065,749)
Non-Productive Time (724,780) (623,567)
Note Receivable-Employee 366,555 33,948
Intercompany Suspense (27,334) 74,800
------------------------
TOTAL ($3,641,258) ($3,580,568)
========================
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule X - Research, Development or Demonstration Expenditures
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 TOTAL NONE
Demonstration Expenditures =====
10 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC. (UNCONSOLIDATED)
For the Year Ended December 31, 1999
Schedule XI - Proprietary Capital
<TABLE>
<CAPTION>
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 100,000 None 57,400 $57,400,000
Instructions:
Classify amounts in each account with brief explanation, disclosing the
general nature of transactions which give rise to the reported amounts.
</TABLE>
<TABLE>
<CAPTION>
Description Amount
<S> <C> <C>
Account 211 Miscellaneous Paid-in Capital $209,000,000
Capital contributions from Entergy Corp. to invest in
other businesses and to fund domestic and international
power development
Account 215 Appropriated Retained Earnings None
------------
TOTAL $209,000,000
============
</TABLE>
<TABLE>
<CAPTION>
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.
Balance at Net Income Dividends Balance at
Beginning of -or (loss) Paid Close of Year
Description Year
<S> <C> <C> <C> <C> <C>
Account 216 - Unappropriated Retained Earnings $(212,809,519) $(35,154,722) $(247,964,241)
------------- ------------ ------ -------------
TOTAL $(212,809,519) $(35,154,722) $(247,964,241)
============= ============ ====== =============
Page 11 of 27
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC. (UNCONSOLIDATED)
For the Year Ended December 31, 1999
Schedule XII - Long-Term Debt
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.
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 of Year
<S> <C> <C> <C> <C> <C>
Account 223 - Advances from Associate Companies:
Entergy Corporation Open account advance - - - $17,500,000 $0 $3,000,000 $14,500,000
Account 224 - Other Long-Term Debt: None None
---------------------------------------------
TOTAL $17,500,000 $0 $3,000,000 $14,500,000
=============================================
12 of 27 pages
</TABLE>
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XIII - Current and Accrued Liabilities
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>
<S> <C> <C> <C>
Balance at Balance at
Description Beginning of Close of
Year Year
Account 233 - Notes Payable to Associate Companies
----------------------
NONE NONE
======================
TOTAL
Account 234 - Accounts Payable to Associate Companies
Entergy Services, Inc. (3,084,869) 5,011,858
Entergy Power Marketing Corp. 29,235
Entergy Corporation 7,043,822 8,676,983
Entergy Enterprises Inc. (Divisions) 472,816 1,677,799
Entergy Louisiana (179) 2,244
Entergy Gulf States (2,719) 70,376
Entergy Mississippi 33,718 1,953
Entergy Operations 69
Entergy New Orleans 2
Entergy Arkansas (131) 26,221
-----------------------
TOTAL $4,462,458 $15,496,740
=======================
Account 242 - Miscellaneous Current and Accrued Liabilities
Benefit Plans 7,040,152 7,899,946
Accrued Liabilities-Rent 348,466
Accrued Liabilites-Payroll 1,518,714
Accrued Liabilities - Litigation 1,804,710 300,000
Accrued Liabilities - Office Relocations 500,000 500,000
-----------------------
TOTAL 9,344,862 10,567,126
=======================
</TABLE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XIV - Notes to Financial Statements
Instructions:
The space below is provided for important notes regarding the financial
statements or any account thereof. Furnish particulars 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 13-A through 13-D
13 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XIV - Notes to Financial Statements
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Organization
Entergy Enterprises, Inc. (Enterprises or the Company),
formerly Electec, Inc., is a diversified subsidiary of
Entergy Corporation (Entergy) chartered in December 1983 to
market the Entergy System's (the System) capabilities,
expertise, and resources, and to engage in preliminary
development activity relating to investments in qualifying
facilities under the Public Utility Regulatory Policies Act.
Enterprises' principal activities during 1999 included: (1)
engaging in preliminary development activities with respect
to various investment opportunities for the Entergy System,
(2) marketing to non-associates the System's expertise and
capabilities in energy-related areas, (3) marketing to non-
associates intellectual property developed by System
companies, (4) providing various consulting, management,
administrative and support services to certain associate
companies, and (5) providing directly, or indirectly through
one or more special purpose subsidiary companies of Entergy
or Enterprises, various operations and maintenance services
to non-associate or certain associate companies,
Enterprises was first authorized to conduct business as a
subsidiary company for the System by order of the SEC dated
January 11, 1983.
All transactions between Enterprises and other System
companies generally are on a full cost reimbursement basis,
except that, pursuant to SEC orders and/or regulations, (1)
Enterprises must reimburse Entergy Services, Inc. and
certain other System companies for services at cost plus 5%
and (2) Enterprises may charge market-based rates for
services provided to non-utility associate companies under
certain circumstances.
B. System of Accounts
The accompanying financial statements include the accounts
of Enterprises, which are maintained in accordance with the
system of accounts prescribed by the SEC.
C. Cash and Cash Equivalents
Enterprises considers all highly liquid instruments
purchased with an original maturity of three months or less
to be cash equivalents.
D. Depreciation and Amortization
Depreciation is computed on the declining balance method for
Enterprises over the estimated useful lives of the furniture
and equipment. Leasehold costs and improvements are
amortized over their estimated useful lives (five years).
E. Use of Estimates in the Preparation of Financial Statements
The preparation of financial statements in conformity with
generally accepted accounting principles requires management
to make estimates and assumptions that affect the reported
amounts of assets and liabilities at the date of the
financial statements and the reported amounts of revenues
and expenses during the reporting period. Actual results
could differ from those estimates.
F. Income Taxes
The company accounts for income taxes pursuant to Statement
of Financial Accounting Standards No. 109 "Accounting For
Income Taxes" (FAS 109). This standard requires that
deferred income taxes be recorded for all temporary
differences between the financial statement and tax basis of
assets, liabilities and loss carryforwards. Deferred tax
balances are based on enacted tax laws at tax rates that are
expected to be in effect when the temporary differences
reverse.
The Company joins its parent and the other Entergy
subsidiaries in filing a consolidated Federal income tax
return. Income taxes (or benefits) are allocated to the
Company in proportion to its contribution to consolidated
taxable income.
2. TRANSACTIONS WITH AFFILIATES
Entergy Services provides technical and consulting services
and other assistance to Enterprises at cost plus 5% which
amounted to $26,777,586 and $23,151,560 for the years 1999
and 1998, respectively.
3. INCOME TAXES
The tax sharing agreement with Entergy provides that the
Company will receive tax benefits for its taxable loss
utilized by other members of the consolidated group.
Accordingly, a long-term receivable has been recorded at
December 31, 1999 to reflect the tax benefit of the
Company's cumulative loss in jurisdictions in which the
Company files combined or consolidated returns (U.S.
Federal, Arkansas, and Mississippi for 1999).
Deferred income taxes are provided in recognition of
temporary differences between the financial reporting and
income tax basis of assets and liabilities and loss
carryforwards. Deferred income tax assets (liabilities) are
comprised of the following at December 31, 1999 and 1998.
<TABLE>
<CAPTION>
<S> <C> <C>
Deferred Tax Assets/(Liabilities) 1999 1998
Equipment and fixed assets $ 599,452 $ 354,874
Deferred charges and other 6,867,877 9,735,589
Unrealized loss on marketable securities 2,827,178 2,827,178
Other intangible assets 78,840 994,272
Business development costs 1,309,444 2,626,452
Reserve for relocation 1,720,201 -
State net operating loss carryforwards 340,733 325,753
----------- -----------
Gross deferred tax asset/(liabilities) 13,743,725 16,864,118
State deferred tax valuation allowance (340,733) (325,753)
----------- -----------
Net Deferred Tax Assets/(Liabilities) $13,402,992 $16,538,365
=========== ===========
</TABLE>
The ultimate realization of these deferred tax assets is
dependent upon future taxable income sufficient to offset
the related deductions and loss carryforwards within the
applicable carryforward period. The valuation allowance is
based upon management's conclusions that sufficient positive
evidence, as defined by FAS 109, regarding the realization
of certain tax carryforward items does not exist. Such items
generally relate to state loss carryforwards in states in
which Entergy or its subsidiaries do not file a combined or
consolidated return.
The provision for intercompany (benefit) expense in lieu of
federal income taxes for the year ended December 31, 1999
and 1998 consisted of the following:
<TABLE>
<CAPTION>
1999 1998
<S> <C> <C>
Current:
Federal $ (15,200,888) $ (41,940,519)
State (252,262) 1,041,686
-------------- ---------------
Total Current Income Tax Expense (Benefit) (15,453,150) (40,898,833)
-------------- ---------------
Deferred:
Federal 3,026,297 270,801
State - 161,844
-------------- ---------------
Total Deferred Income Tax Expense 3,026,297 432,645
-------------- ---------------
Recorded Income Tax Expense (Benefit) $ (12,426,853) $ (40,466,188)
============== ===============
</TABLE>
The Company's total income taxes differ from the amounts
computed by applying the statutory Federal income tax rate
to income before taxes. The primary reason for the
difference is the effect of state income taxes.
At December 31, 1999, the Company had net operating loss
carryforwards available for state income tax reporting
purposes of approximately $6.5 million. These net operating
loss carryforwards expire during various periods through
2018 depending on the taxing jurisdiction.
4. INVESTMENT IN SUBSIDIARIES
During 1999, Enterprises sold its remaining ownership in
Entergy Operation Services, Inc. to Entergy Corporation.
The sale of this entity was at net book value and no
gain/loss was recognized on the sale.
5. COMMON STOCK
At December 31, 1999, Enterprises is authorized, by its
Charter, to issue 100,000 shares of its common stock.
It is anticipated that Enterprises' cash flow generated by
ongoing operations may not be sufficient to fund all of
Enterprises' obligations. At December 31, 1999, Entergy did
not have authorization from the SEC to invest in Enterprises
through additional purchases of its common stock. Further
investment by Entergy in Enterprises may take the form of
capital contributions, loans, and/or open account advances
(without interest).
6. COMMITMENTS & CONTINGENCIES
In June 1993, Catalyst Technologies, Inc. (CTI) filed a
petition in the Civil District Court for the Parish of
Orleans, Louisiana (CDC), against Electec, Inc., the
predecessor Company of Enterprises. The petition alleged,
among other things, breach of contract and breach of the
obligation of good faith and fair dealing. In August 1997,
a jury in the CDC returned a verdict against Enterprises in
the amount of $346 million plus interest of approximately
$118 million. In November 1997, the trial judge entered a
judgement notwithstanding the verdict in favor of
Enterprises in the CTI lawsuit. Finding as a matter of law
that the jury's verdict was incorrect, the judge ruled that
no contract ever existed between CTI and Enterprises, and
that the verdict was contrary to the law and the evidence.
CTI appealed this ruling to the Louisiana Court of Appeal
for the Fourth Circuit, and oral argument was heard in
November 1998. In March 1999, Enterprises agreed to settle
the lawsuit for a $2.5 million cash payment to the
plaintiffs, and dismissal of the proceeding.
Panda Energy Corporation (Panda) has commenced litigation in
the Dallas District Court naming Entergy, Entergy Power
Incorporated, Entergy Power Asia LTD, and the Company as
defendants. The allegations against the defendants include,
among others, tortuous interference with contractual
relations, conspiracy, misappropriation of corporate
opportunity, unfair competition and fraud, and constructive
trust issues. Panda seeks damages of approximately $4.8
billion, of which $3.6 billion is claimed in punitive
damages. During 1996, the trial court granted an order that
was, in effect, a summary judgment in favor of the
defendants. In August 1998, an appellate court reversed
the dismissal and remanded the lawsuit to the district
court. Entergy and other defendants petitioned the
appellate court for rehearing, but that petition was denied
in October 1998. Entergy's petition to the Texas Supreme
Court for review of the appellate court decision was denied
in February 1999, and the case has been remanded to the
district court for further proceedings. This case has been
settled and all claims against Company, Entergy and its
affiliates have been dismissed.
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XV Statement of Income
Account Description Current Year Prior Year
<S> <C> <C> <C>
Income
457 Services rendered to associate companies $58,425,791 $60,194,925
458 Services rendered to nonassociate companies 172,318 50,396
418 Subsidiary Income (39,505,136)
419 Interest Income 944,769 846,159
421 Miscellaneous income or loss (185,350) (46,051,195)
--------------------------
Total Income 59,357,528 (24,464,851)
--------------------------
Expense
920 Salaries and wages 41,716,326 32,241,963
921 Office supplies and expenses 12,275,167 17,723,431
922 Administrative expense transferred - credit (6,544,683) (3,128,234)
923 Outside services employed 42,792,152 34,345,600
924 Property insurance 48,182 80,100
925 Injuries and damages 157,596 169,956
926 Employee pensions and benefits 39,609 128,497
928 Regulatory commission expense
930.1 General advertising expenses 16,804
930.2 Miscellaneous general expenses 8,771,905 (2,265,289)
931 Rents 5,171,115 4,035,310
932 Maintenance of structures and equipment 5,063 (7,404)
940 Active Development 800,493
403 Depreciation and amortization expense 1,990,376 2,197,487
408 Taxes other than income taxes 436,798 184,726
409 Income taxes (18,100,732) (40,898,833)
410 Provision for deferred income taxes 5,673,879 432,645
416 Cost & Expense of Merchandising
421 Gain/Loss on Dispositions
426.1 Donations 10,606 10,571
426.5 Other deductions 21,916
431 Other interest expense 68,891 507,129
--------------------------
Total Expense 94,512,250 46,596,868
--------------------------
Net Income or (Loss) ($35,154,722) ($71,061,719)
==========================
14 of 27 pages
</TABLE>
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Analysis of Billing
Associate Companies - Account 457
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Direct Indirect Compensation Total
Costs Costs For Use Amount
Name of Associate Company Charged Charged of Capital Billed
457-1 457-2 457-3
Entergy S.A. 844,695 140,794 985,489
Entergy Power International Holdings Corp 3,039,936 1,394,218 4,434,154
Entergy Edesur Holdings 232,824 121,188 354,012
Entergy Power Chile, Inc. 27,633 20,570 48,203
EP Edegel Inc. 656,756 395,704 1,052,460
Entergy Power CBA Holding Ltd. 3,481 939 4,420
Entergy Pakistan, Ltd. 400,484 268,371 668,855
Entergy Power, Inc. 829,908 829,908
Entergy Enterprises, Inc,-Divisions 1,129,069 1,129,069
Entergy Power Development Corp. 10,313,558 8,142,746 18,456,304
Entergy Power Operations Corp. 677,439 414,620 1,092,059
Entergy Technologies Holding Company 2,363,785 26,285 2,390,070
Entergy Power Marketing Corp. 19,470,658 33,839 19,504,497
Entergy Trading & Marketing 1,329,583 1,329,583
Entergy Nuclear Generating Corp 44,059 44,059
Entergy International Holdings Ltd. 2,980,797 1,099,219 4,080,016
Entergy Nuclear, Inc. 68,659 68,659
Entergy Corp. 3,107 3,107
Entergy Technology Corp. 1,950,867 1,950,867
-----------------------------------------------
TOTAL 46,364,191 12,061,600 58,425,791
===============================================
</TABLE>
15 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Analysis of Billing
Nonassociate Companies - Account 458
Instruction:
Provide a brief description of the services rendered to each
nonassociate company:
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Direct Indirect Compensation Excess Total
Cost Cost For Use Total Or Amount
Name of Nonassociate Company Charged Charged of Capital Cost Deficiency Billed
458-1 458-2 458-3 458-4
Vidalia-Catalyst (maintenance services 55,501 55,501
related to transmision lines owned by Vidalia)
Innovative Industrial Solutions, Inc. 88,560 88,560
(sale of intellectual property)
ORMET Aluminum 28,257 28,257 28,257
-------------------------------------------------------------
TOTAL $28,257 $28,257 $144,061 $172,318
=============================================================
16 of 27 pages
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XVI-Analysis of Charges for Service-Associate and Nonassociate Companies
Instructions:
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
Acct 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 $23,870,000 $ 5,718,169 $29,588,169 $ 28,257 $- $ 28,257 $ 23,898,257 $5,718,169 $29,616,426
921 Office Supplies and Expenses 6,577,659 1,806,938 8,384,597 - - - 6,577,659 1,806,938 8,384,597
922 Administrative Exp
Transferred - Credit (2,246,427) (1,405,886) (3,652,313) - - - (2,246,427)(1,405,886) (3,652,313)
923 Outside Services Employed 18,000,474 7,111,494 25,111,968 144,061 144,061 18,144,535 7,111,494 25,256,029
924 Property Insurance 16,180 10,522 26,702 - - - 16,180 10,522 26,702
925 Injuries and Damages 71,096 25,694 96,790 - - - 71,096 25,694 96,790
926 Employee Pensions and
Benefits 31,188 65 31,253 - - - 31,188 65 31,253
930 General Advertising Expenses - - - - - - - - -
930.2 Miscellaneous General
Expenses 1,159,611 300,481 1,460,092 - - - 1,159,611 300,481 1,460,092
931.0 Rents 2,140,701 940,800 3,081,501 - - - 2,140,701 940,800 3,081,501
932 Maintenance of Structures and
Equip. 1,738 1,088 2,826 - - - 1,738 1,088 2,826
403 Depreciation and Amortization
Expense 910,748 342,751 1,253,499 - - - 910,748 342,751 1,253,499
408 Taxes Other Than Income Taxes 232,446 9,570 242,016 - - - 232,446 9,570 242,016
409 Income Taxes (5,478,380) (3,428,544) (8,906,924) - - - (5,478,380)(3,428,544) (8,906,924)
410 Provision for Deferred Income
Taxes 1,000,641 626,233 1,626,874 - - - 1,000,641 626,233 1,626,874
416 Cost & Exp of Merchandising - - - - - - - - -
418 Earnings from Subsidiary 3,555 2,225 5,780 - - - 3,555 2,225 5,780
419 Interest Income (110,434) - (110,434) - - - (110,434) - (110,434)
421 Other Income/Deductions 182,979 - 182,979 - - - 182,979 - 182,979
426 Donations 250 - 250 - - - 250 - 250
426.5 Other Deductions - - - - - - - - -
431.0 Other Interest Expense 165 - 165 - - - 165 - 165
---------------------------------------------------------------------------------------------------
TOTAL EXPENSES 46,364,191 12,061,600 58,425,791 $172,318 - 172,318 46,536,509 12,061,600 58,598,109
Compensation for use of
Equity Capital
430 Interest on Debt to
Associate Companies - - - - - - - - -
---------------------------------------------------------------------------------------------------
TOTAL COST OF SERVICE $46,364,191 $12,061,600 $58,425,791 $172,318 $0 $172,318 $46,536,509 $12,061,600 $58,598,109
===================================================================================================
17 of 27 pages
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC. (UNCONSOLIDATED)
For the Year Ended December 31, 1999
Schedule XVII-Schedule of Expense Distribution by Department or Service Function
Instructions:
Indicate each departmnet or service function. (See Instruction 01-3 General
Structure of Accounting System: Uniform System of Accounts).
DEPARTMENT OR SERVICE FUNCTION
Acct Total Develop- Admini- Entergy Technical Security
Number Description of Items Amount Executive Telecom ment Legal stration Power Mktg Services Business
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 Salaries and Wages $41,716,325 4,168,617 802,780 6,311,434 5,479,978 7,112,823 12,184,912 5,655,781 -
921 Office Supplies and $12,275,167 1,041,961 827,479 1,994,409 1,701,779 2,489,826 2,432,489 1,787,223 -
Expenses
922 Admin. Expense $(6,544,683) (693,175) - (1,551,747)(1,252,307) (1,656,908) - (1,390,546) -
Transferred - Credit
923 Outside Services $42,792,152 3,533,444 2,076,480 7,849,317 9,667,159 8,534,611 3,795,165 7,033,903 302,073
Employed
924 Property Insurance $ 48,182 5,188 - 11,614 9,373 11,600 - 10,407 -
925 Injuries and Damages $ 157,596 12,668 37,988 28,359 22,887 30,281 - 25,413 -
926 Employee Pensions and$ 39,609 32 39,307 72 58 76 - 64 -
Benefits
930.1 General Advertising - - - - - - - - -
Expenses
930.2 Miscellaneous General$ 8,771,905 148,153 99,457 331,657 267,657 7,627,778 - 297,203 -
Expenses
931 Rents $ 5,171,115 436,864 - 1,038,409 838,756 1,539,860 359,691 930,535 -
932 Maintenance of $ 5,063 536 - 1,200 969 1,282 - 1,076 -
Structures and
Equipment
940 Reserve for Active $ - - - - - - - - -
Development
403 Depreciation and $ 1,990,375 168,994 - 378,311 305,309 797,418 1,331 339,011 -
Amortization Expense
408 Taxes Other Than $ 436,798 4,718 389,217 10,563 8,524 11,279 3,032 9,465 -
Income Taxes
409 Income Taxes ($18,100,732) (1,690,452) - (3,784,258)(3,054,012) (6,180,874) - (3,391,136) -
410 Provision for Defer- $ 5,673,879 308,766 - 691,205 557,824 3,496,683 - 619,401 -
red Income Taxes
416 Cost & Exp of
Merchandising - - - - - - - - -
421 Gain/Loss on
Dispositions - - - - - - - - -
426.1 Donations $ 10,606 1,097 - 2,455 1,982 2,622 250 2,200 -
426.5 Other Deductions - - - - - - - - -
431 Other Interest $ 68,892 - - - - 68,727 164 - -
Expenses
---------------------------------------------------------------------------------------------------------
TOTAL EXPENSES $94,512,250 $ 7,474,412 $4,272,708 $13,313,000 $14,555,936 $23,887,086 $18,777,036 $11,930,000 $302,073
=========================================================================================================
18 of 27 pages
</TABLE>
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Departmental Analysis of Salaries - Account 920
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Departmental Salary Expense
Name of Department Included in Amounts Billed to
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
Executive 4,168,616 2,316,987 - 7
Development, Telecom, Power Mkting,
Technical Svcs, Security 24,954,908 17,042,362 53,013 202
Legal 5,479,978 (4,194,600) 2,134,781 - 15
Administration 7,112,824 2,686,847 - 50
----------------------------------------------------------
TOTAL $41,716,326 ($4,194,600) $24,180,977 $53,013 274
==========================================================
</TABLE>
19 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Outside Services Employed - Account 923
Instructions:
Provide a breakdown by subaccount of outside services employed.
If the aggregate amounts paid to any one payee and included within
one subaccount is less than $25,000, only the aggregate number and
amount of all such payments included 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 20-A thru 20-J $42,792,152
===========
20 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Outside Services Employed - Account 923
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Relationship
"A"-Associate
From Whom Purchased Address "NA" - Non Amount
Adams and Reese 4500 One Shell Square NA 279,370
Adams and Reese New Orleans, LA 70139
Akin, Gump, Strauss, Hauer 1900 Penzoil Place NA 824,398
Akin, Gump, Strauss, Hauer So. Tower 711 Louisiana Street
Akin, Gump, Strauss, Hauer Houston, TX 77002
Allen & Overy National Westminster NA 866,280
Allen & Overy 15 Bishopsgate
Allen & Overy London, England EC2P2AP
Andersen Consulting LLP PO Box 70629 NA 226,575
Andersen Consulting LLP Chicago, IL 60673-0629
Arthur, Robinson & Hedderwicks 55 William Street NA 908,389
Arthur, Robinson & Hedderwicks Melbourne, Australia
Barkley & Thompson 1515 Poydras Street, Suite 2350 NA 2,500,000
Barkley & Thompson New Orleans, LA 70112
Barton Willmore Planning Partn Intercell House NA 26,130
Barton Willmore Planning Partn 1 Coldhame Lano
Barton Willmore Planning Partn Cambridge
Bienes Raices y Construccion Ogazon #59 NA 117,978
Bienes Raices y Construccion Col. Guadalupe Inn
Bienes Raices y Construccion Mexico City, Mexico 01020
Black & Veatch P.O. Box 802258 NA 346,682
Black & Veatch Kansas City, MO 64180
Blake, Dawson, Waldron Level 39, 101 Collins Street NA 70,326
Blake, Dawson, Waldron Melbourne, AU
Booz-Allen & Hamilton PO Box 10655 NA 350,000
Booz-Allen & Hamilton Newark, NJ 07193-0655
Brownson & Associates 5590 San Felipe, Suite 610 NA 29,228
Brownson & Associates Houston, TX 77056
Buddy Broussard 21 Gambrel Oak Place NA 44,910
Buddy Broussard The Woodlands, TX 77380
Burns and Row Enterprises, Inc. PO Box 198842 NA 28,627
Burns and Row Enterprises, Inc. Atlanta, GA 30384-8842
Cambridge Energy Research Asso Charles Square NA 271,714
Cambridge Energy Research Asso 20 University Rd.
Cambridge Energy Research Asso Cambridge, MA 02138
Caminus Entergy Limited Caminus House Castle Park NA 157,570
Caminus Entergy Limited Cambridge CB3 ORA UK
Carlo Pellegatta Istotitp Bancario S. Paolo de Torin NA 103,429
Carlo Pellegatta Via Taramelli 2, Agenzia 17
Cendant Mobility P.O. Box 73049 NA 58,839
Cendant Mobility Chicago, IL 60673-7049
Chadbourne & Parke 30 Rockefeller Plaza NA 111,020
Chadbourne & Parke New York, NY 10112
Cid de Azevedo Costa Junior Rua Cosme Velho 415 NA 117,899
Cid de Azevedo Costa Junior Rio de Saneiro, Brazil 22241-090
Cimarron System, Inc. 39502 Cimarron Way NA 102,668
Cimarron System, Inc. Magnolia, TX 77354
CLA Comunicacoes S/C Ltda Rua Dante Carraro, 94 NA 81,013
CLA Comunicacoes S/C Ltda Pinheiros
CLA Comunicacoes S/C Ltda Sao Paulo, Brazil
Claudio A. Onetto Reconquista 379 Piso 2 NA 40,864
Claudio A. Onetto 1389 Buenos Aires, Argentina
Commercial Testing & Engineering 1919 S. Highland Ave, Suite 210-B NA 153,255
Commercial Testing & Engineering Lombard, IL 60148
Compania Energetica de Sao Pau Al Min Rocha Azevado 25 NA 55,710
Compania Energetica de Sao Pau Sao Paulo, Brazil
Controls Risks Limited 1749 Old Meadows Road NA 25,938
Controls Risks Limited Suite 120
Controls Risks Limited McLean, VA 22102
Dames & Moore File# 54279 NA 273,332
Dames & Moore Los Angeles, CA 90074-4279
Deloitte & Touche LLP 1000 Wilshire NA 64,725
Deloitte & Touche LLP Los Angeles, CA 90074
Deloitte & Touche Tohmatsu Ave. Presidente Wilson 231,22 NA 33,235
Deloitte & Touche Tohmatsu 20030-021
Deloitte & Touche Tohmatsu Rio De Janeiro, Brazil
Denton Hall Five Chancery Lane NA 84,755
Denton Hall Clifford's Lane
Denton Hall London
Djingov, Gouginski, Kyutchucho 10 Tsar Osvoboditel Boulevard NA 72,174
Djingov, Gouginski, Kyutchucho Sofia, Bulgaria
Drake Beam Morin, Inc. P. O. Box 100739 NA 29,800
Drake Beam Morin, Inc. Atlanta, GA 30384-0739
Ecoenergia de Brant Roberto Av. A Davilla 750 PB "6" NA 20,056
Ecoenergia de Brant Roberto Dock 5 Puerto Madero
Ecoenergia de Brant Roberto Buenos Aires, Argentina
Ecology and Environment 350 Sansome Street #300 NA 367,574
Ecology and Environment San Francisco, CA 94104
EnCon Associates 233 Needham Street, Ste. 30 NA 30,000
EnCon Associates Newton, MA 02164
Energetica-Tech SCN Qd. Ed. Centro Empresarial NA 40,600
Energetica-Tech Encol - Torre B
Energetica-Tech Sala 1201 a 1204-Brasilia DF
Energetica-Tech Brazil
Energoproekt PLC 51, J. Bourchier Blvd. NA 37,000
Energoproekt PLC Sofia, Bulgaria
Energy Intergration Services 20 Willowbrook Street NA 57,849
Energy Intergration Services Kenmore Hills, QLD 4069
Energy Resources & Generation 1/3 (FF), Kalkaji Extention NA 73,778
Energy Resources & Generation New Delhi, India
Entergy Corporation PO Box 61000 A 28,378
Entergy Corporation New Orleans, LA 70161-1000
Entergy Enterprises, Inc. - EPG 10055 Grogan's Mill Rd., Suite 150 A 183,764
Entergy Enterprises, Inc. - EPG The Woodlands, TX 77380
Entergy Services, Inc. 639 Loyola Avenue A 11,669,133
Entergy Services, Inc. New Orleans, LA 70113
Entergy Trading & Marketing Level 11/14 A 331,615
Entergy Trading & Marketing 2 George Yard
Entergy Trading & Marketing Lombard Street
Entergy Trading & Marketing London EC3V 9DH
Entergy Trading & Marketing Newton, MA 02164
Ernst and Young Becket House NA 412,001
Ernst and Young 1 Lambeth Palace Road
Ernst and Young London
Estudio Juridico Otero Huerfanos 835, Piso 10 NA 29,003
Estudio Juridico Otero Santiago, Chile
Fernandez Quiroga & Onetto, Ab Reconguisha 379 Piso 2 NA 163,764
Fernandez Quiroga & Onetto, Ab Buenos Aires, Argentina
Fluor Daniel, Inc. One Fluor Daniel Drive NA 79,861
Fluor Daniel, Inc. Aliso Viejo, CA 92698
Francisco Jose Arteiro De Oliv Rua Conselheiro Olegario, No. 34 NA 59,270
Francisco Jose Arteiro De Oliv Apartment 1005 - Maracana
Francisco Jose Arteiro De Oliv Rio De Janeiro, Brazil
Frontier 7 Plc 9 Fridtjof Nanson Blvd. NA 44,287
Frontier 7 Plc Sofia 1000
Frontier 7 Plc Bulgaria
General Physics Corporation 6700 Alexander Bell Dr. NA 88,000
General Physics Corporation Columbia, MD 21046
Glen Irvine International Coutts & Co. NA 52,517
Glen Irvine International Mayfair London WIY 6DP
Harteneck, Lopez & Cia 25 de May 460 NA 28,880
Harteneck, Lopez & Cia Piso 3-Of. 308
Harteneck, Lopez & Cia 1002-Buenos Aires, Argentina
HDH Construction Consultants 619 Severn Ave. NA 42,970
HDH Construction Consultants Suite 301
HDH Construction Consultants Annapolis, MD 21403
Herbert Smith Exchange House NA 56,455
Herbert Smith Primrosa Street
Herbert Smith London
Hibernia National Bank 313 Carondelet Street NA 485,291
Hibernia National Bank New Orleans, LA 70130
ICF Resources PO Box 631683 NA 26,466
ICF Resources Baltimore, MD 21263-1683
ILEX Associates The National Westminster Bank NA 155,887
ILEX Associates 32 Cornmarket Street
ILEX Associates Oxford, England
InSync Solutions 118 Lindencrest Court NA 31,475
InSync Solutions Sugarland, TX 77479-5201
International Gas Consulting 3200 Wilcrest # 450 NA 28,365
International Gas Consulting Houston, TX 77042
International Gas Consulting, 3200 Wilcrest, Ste. 450 NA 219,328
International Gas Consulting, Houston, TX 77042
IT Solutions 7457 Harwin # 120 NA 53,893
IT Solutions Houston, TX 77036-2022
J&C Enterprises 300 Conroe Drive NA 28,177
J&C Enterprises Conroe, TX 77301
J. Henry Schroders & Co LTD 120 Cheapside NA 360,247
J. Henry Schroders & Co LTD London
Jackson Group Plc Dobbs Lane NA 31,339
Jackson Group Plc Kesgrave
Jackson Group Plc Ipswich, Suffolk
Jackson Walker L.L.P. 100 Louisiana NA 33,637
Jackson Walker L.L.P. Suite 420, P.O. Box 4771
Jackson Walker L.L.P. Houston, TX 77210-4771
Jami Montambault 1616 Greenleaf Lane NA 27,412
Jami Montambault Charlottesville, VA 22903
Jingtian Associates Room 323 NA 30,739
Jingtian Associates Towercrest Plaza No. 3
Jingtian Associates Maizidian West Rd.
Jingtian Associates Chaoyang District
Jingtian Associates Beijing
John T. Boyd Company Four Gateway Center NA 300,873
John T. Boyd Company 444 Liberty Ave., Stuite 1900
John T. Boyd Company Pittsburg, PA 15222-1212
Jones, Day, Reavis & Pogue 51 Louisiana Ave., N.W. N/A 144,222
Jones, Day, Reavis & Pogue Washington, D.C. 20001-2113
Jordan, LLC 18101 Von Karman Ave NA 146,508
Jordan, LLC Suite 1280, Lakeshore Towers
Jordan, LLC Irvine, CA 92612
Kenneth C. Kern & Assocaites 4444 Richmond Ave. N/A 91,278
Kenneth C. Kern & Assocaites Houston, TX 77027
Kent Larsen dba KAL NA 120,690
Kent Larsen 3145 Caminiro Ricardo
Kent Larsen Olivenhain, CA 92024
King And Spalding 191 Peachtree Street NA 7,308
King And Spalding Atlanta, GA 30303-1763
KPMG Peat Marwick LLP Dept. # 0643 NA 671,938
KPMG Peat Marwick LLP PO Box 1200001
KPMG Peat Marwick LLP Dallas, TX 75312-0643
Lavery Rowe Advertising Ltd 69/71 Newington Causeway NA 44,843
Lavery Rowe Advertising Ltd London
Lockwood Greene Engineers, Inc. PO Box 60287 NA 255,657
Lockwood Greene Engineers, Inc. Charlotte, NC 28260
Loeff Claeys Verbeke PO Box 75088 NA 45,643
Loeff Claeys Verbeke Apollolaan 15
Loeff Claeys Verbeke Amsterdam
Luthra & Luthra Law Office 103, Ashoka Estate NA 396,267
Luthra & Luthra Law Office Barakhamba Road
Luthra & Luthra Law Office New Delhi, India
McDermott, Inc., In favor of De New York, NY 10043 NA 27,113
McGuire Woods Battle & Boothe 250 Avenue Louise, Bte. 64 NA 53,195
McGuire Woods Battle & Boothe Belgium
McKinsey & Company Inc. Acct. Dept NA 732,500
McKinsey & Company Inc. 2 Houston Center, Suite 3500
McKinsey & Company Inc. Houston, TX 77010
McLennan Magasanik Associates 76 Bridport St. NA 138,510
McLennan Magasanik Associates Albert Park
McLennan Magasanik Associates Melbourne, Australia
MEM/Minproekt 14 Kliment Ohridski Blvd. NA 33,500
MEM/Minproekt 1756 Sofia
MEM/Minproekt Bulgaria
Mercados Energeticos, S.A. Lavelle 381 - 9 Piso NA 40,626
Mercados Energeticos, S.A. Of. 33
Mercados Energeticos, S.A. Buenos Aires, Argentina
Merz and McLellan Amber Court NA 50,020
Merz and McLellan William Armstrong Drive
Merz and McLellan Newcastle Business Park, UK
Meyers-Reynolds & Associates, 1230 N. Robinson NA 381,234
Meyers-Reynolds & Associates, Oklahoma City, OK 73103
Minserve Group Pty Ltd Level 1, Suites 2 & 3 NA 223,838
Minserve Group Pty Ltd 1 Swann Road
Minserve Group Pty Ltd Taringa, Brisbane
Mitch Davidson 34 Graycrest Place NA 34,680
Mitch Davidson The Woodlands, TX 77382
Morrison & Foerster LLP 425 Market Street, File No. 72497 NA 602,018
Morrison & Foerster LLP San Francisco, CA 94105-2482
Mott MacDonald Victory House Trafalgar Place NA 192,941
Mott MacDonald Brighton
Mr. Masmoud & Mrs. Malak El 14A Andalucia Gardon Club NA 26,283
Mr. Masmoud & Mrs. Malak El Nueva Andalucia, Marbella
Ned Tennebaum & Partners 9200 South Dadeland NA 464,221
Ned Tennebaum & Partners Miami, FL 33156
New Boston Systems P.O. Box 30727 NA 37,191
New Boston Systems Hartford, CT 06150-0727
O'Melveny & Meyers LLP 410 South Hope Street NA 1,421,793
O'Melveny & Meyers LLP Los Angeles, CA 90071-2899
Orrick, Herrington & Sutcliffe PO Box 61000 File 72887 NA 103,038
Orrick, Herrington & Sutcliffe San Francisco, CA 94161-2887
Pacific Power International Pt PO Box A966 NA 199,428
Pacific Power International Pt Sydney South, New South Wales
Panda Energy Corp & Haynes & B Locke Liddell & Sapp LLP NA 350,000
Panda Energy Corp & Haynes & B 2200 Ross Ave., Ste. 2200
Panda Energy Corp & Haynes & B Dallas, TX 75201-6776
PB Power LTD Amber Court NA 428,983
PB Power LTD William Armstrong Drive
PB Power LTD Newcastle Business Drive
PB Power LTD Newcaslte, Upon Tyne
Perez, Alati, Grondona, Benite Suipacha 1111, Piso 18 NA 66,545
Perez, Alati, Grondona, Benite Buenos Aires
Peter Paulissen 10422 Brightwood Drive NA 145,473
Peter Paulissen Santa Ana, CA 92705
Petrospan S.A. Petroleos de Espana NA 169,877
Petrospan S.A. Paseo General Martinez Campos
Petrospan S.A. 42 s/s
Petrospan S.A. Madrid, Spain
Pinheiro Neto Advogados Bank of Boston International NA 49,586
Pinheiro Neto Advogados 152 West 57th Street
Pinheiro Neto Advogados New York, NY 2517533
Power Generations (Mexico) 179 Wolf Willow Crescent NA 202,167
Power Generations (Mexico) Edmonton , Albert T5T IT3
Power Security & Quality Rua Fantoches 301 NA 30,000
Consultants
Power Security & Quality
Consultants Rio de Janeiro, RJ, Brazil
Preng & Associates, Inc. 2925 Briarpark, Ste. 111 NA 359,173
Preng & Associates, Inc. Houston, TX 77042
PriceWaterhouse - London National Westminster Bank PLC NA 243,909
PriceWaterhouse - London 21 Lombard Street
PriceWaterhouse - London London
PriceWaterhouseCoopers 1 Queen's Road Central NA 315,894
PriceWaterhouseCoopers Abacus HK Limited - Entergy
PriceWaterhouseCoopers Hong Kong & Shanghai Banking Corp.
PriceWaterhouseCoopers Hong Kong
PriceWaterhouseCoopers LLP 333 Market Street, 18th Floor NA 150,413
PriceWaterhouseCoopers LLP San Francisco, CA 94105
Project Consultants Int'l Inc. West Wing Bldg., P.O. Box 1111 NA 46,479
Project Consultants Int'l Inc. Grand Caymen, Caymen Islands
Project Consultants Int'l Inc. British, West Indies
Quantum Asesores & Consultores P Castellana 155-6B NA 78,283
Quantum Asesores & Consultores Madrid, Spain
Rajinder Narain & Co Sumeet Kachwaha NA 218,327
Rajinder Narain & Co 7 Maulseri House
Rajinder Narain & Co Kapashera, India
Rath, Young & Pignatelli PA P.O. Box 1500 NA 35,102
Rath, Young & Pignatelli PA Concord, NH 03302-1500
Ratheon Nuclear, Inc. 30 South 17th Street NA 27,504
Ratheon Nuclear, Inc. P.O. Box 8223
Ratheon Nuclear, Inc. Philadelphia, PA 19101
Raytheon Engineers & Construct 5555 Greenwood Plaza Blvd., Ste. 100 NA 521,437
Raytheon Engineers & Construct Englewood, CO 80111
Raytheon Engineers & Construct Chicago, IL 60603
RHIConsulting PO Box 60000 NA 84,240
RHIConsulting San Francisco, CA 94160-3484
Richard Ellis Berkeley Square House NA 56,895
Richard Ellis London
Robert J. Reith 12602 Rip Van Winckle Drive N/A 51,662
Robert J. Reith Houston, TX 77024
Rosalind Eng Wong 1005 Concord Avenue NA 93,453
Rosalind Eng Wong Montebello, CA
Scott Marshall 42 Orchard Pines Place NA 26,670
Scott Marshall The Woodlands, TX 77382
SG Australia Limited Level 21, 400 George Street NA 48,462
SG Australia Limited Sydney, NSW
SGS Van Bree Noorderlaan 87 NA 110,980
SGS Van Bree B-2030 Antwerpen
Simplified Solutions, Inc. 6129 Brook Drive NA 180,409
Simplified Solutions, Inc. Falls Church, VA 22044
Skadden, Arps, Slate & Meagher 1440 New York Ave., N.W. NA 63,904
Skadden, Arps, Slate & Meagher Washington, D.C. 20005-2111
Skadden, Arps, Slate, Meagher One Canada Square, Canary Wharf NA 2,274,914
Skadden, Arps, Slate, Meagher London, UK
Skelly & Loy, Inc. 2601 North Front Street NA 61,966
Skelly & Loy, Inc. Harrisburg, PA 17110
Source Services Corporation P.O. Box 970956 NA 86,864
Source Services Corporation Dallas, TX 75397-0956
SSI (U.S.), Inc. d/b/a Spencer Stuart N/A 27,733
SSI (U.S.), Inc. P.O. Box 98991
SSI (U.S.), Inc. Chicago, IL 60693
Star Staffers P.O. Box 926112 NA 147,008
Star Staffers Houston, TX 77292-6112
Stewart, Reid & Co. Level 12, 32 Martin Place NA 39,269
Stewart, Reid & Co. Sydney, Australia
Stone & Webster Engineering Co. 245 Summer Street NA 203,377
Stone & Webster Engineering Co. Boston, MA 02205-1611
The Alsa Group, Inc. 666 Fifth Ave., PMB 356 NA 97,500
The Alsa Group, Inc. New York, NY 10103
The Corporate Traveller Lvl 6, Clarence Street NA 35,922
The Corporate Traveller Sydney, NSW
TMP Worldwide Limited 20 Soho Square NA 76,737
TMP Worldwide Limited London
Towers Perrin, Inc. P.O. Box 8500, s-6110 NA 74,311
Towers Perrin, Inc. Philadelphia, PA 19178
Trans Energy Management 5555 San Felipe #1750 NA 127,544
Trans Energy Management Houston, TX 77056
Veirano E Advogados Associados CAIXA Postal 2748-RJ NA 97,308
Veirano E Advogados Associados Av. Nilo Pecanha, 50-17 Andar
Veirano E Advogados Associados Rio De Janeiro, Brasil
Walker, W. S. & Company Caledonian House NA 92,988
Walker, W. S. & Company PO Box 265
Walker, W. S. & Company Georgetown, Grand Cayman
Warburg Dillon Read 299 Park Avenue NA 1,409,319
Warburg Dillon Read New York, NY 10171-0025
WCM Group, Inc. PO Box 3247 NA 520,776
WCM Group, Inc. Humble, TX 77347-3247
Whitman Breed Abbott & Morgan 200 Park Avenue NA 212,825
Whitman Breed Abbott & Morgan New York, NY 10166
Whitman, Breed, Abbott & Morgan 200 Park Avenue NA 150,179
Whitman, Breed, Abbott & Morgan New York, NY 10166
Willian Barnes JNR 68 Holland Park Avenue NA 51,056
Willian Barnes JNR London, England
Wink Inc. 4949 Bullard Avenue NA 26,329
Wink Inc. New Orleans, LA 70128-3147
Winston & Strawn 1400 L Street, N.W. NA 119,088
Winston & Strawn Washington, DC 20005-3502
World Bank of Scotland Dover House NA 81,685
World Bank of Scotland White Hall
World Bank of Scotland London SW1A 2AU
All Others (417) NA 1,768,435
Total all 42,792,152
===========
</TABLE>
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Employee Pensions and Benefits - Account 926
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
This item includes primarily costs billed from Entergy
Services, Inc. and are not benefits of EEI.
Pension plan and benefits program costs are allocated
as part of payroll costs. $39,609
-------
TOTAL $39,609
=======
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
General Advertising Expenses - Account 930.1
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.
Name of Payee Amount Amount
NONE
TOTAL ========
21 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Miscellaneous General Expenses - Account 930.2
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
Officers expenses-Stock, equity awards $336,447
Expats billings from ESI (255,670)
Outside services from ESI 81,403
Legal and consulting costs related to sale of
Entergy Integrated Solutions 4,450,129
Write off uncollectible note 2,063,753
Clearing account 184 from balance sheet 93,657
Miscellaneous 603,384
Write-off of fixed assets for closed offices 1,398,802
----------
TOTAL $8,771,905
==========
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Rents - Account 931
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
Building, Facility, & Real Property Rentals $4,939,236
Office Equipment & Other Rentals 216,840
Other 15,039
----------
TOTAL $5,171,115
==========
22 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Taxes Other Than Income Taxes - Account 408
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
Franchise & Gross Receipts $111,355
Austalian Government & Withholding Tax 946
Employment Taxes 270,764
Property Taxes 20,095
California Unitary Tax 31,179
Miscellaneous 2,459
--------
TOTAL $436,798
========
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Donations - Account 426.1
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 Amount
Loyola University-New Orleans $3,000
Electricity Supply Association 3,284
Others (11) 4,322
-------
TOTAL $10,606
=======
23 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Other Deductions - Account 426.5
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
=========
ANNUAL REPORT OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
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 13A - 13D
24 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 1999
Schedule XIX - Financial Data Schedule
Item
No. Caption Heading Amount
1 Net Service Company Property $ 4,139,425
2 Total Investments $ 334,678
3 Total Current and Accrued Assets $ 37,107,604
4 Total Deferred Debits $ 16,048,131
5 Balancing Amount For Total Assets and Other Debits $ -
6 Total Assets and Other Debits $ 57,629,838
7 Total Proprietary Capital $ 18,435,759
8 Total Long-Term Debt $ 14,500,000
9 Notes Payable $ -
10 Notes Payable to Associated Companies $ -
11 Balancing Amount For Total Current and Accrued $ 24,737,900
Liabilities
12 Total Deferred Credits $ (43,822)
13 Accumulated Deferred Income Taxes $ -
14 Total Liabilities and Proprietary Capital $ 57,629,838
15 Services Rendered to Associate Companies $ 58,425,791
16 Services Rendered to Nonassociate Companies $ 172,318
17 Miscellaneous Income or Loss, and Interest Income $ 759,419
18 Total Income $ 59,357,528
19 Salaries and Wages $ 41,716,326
20 Employee Pensions and Benefits $ 39,609
21 Balancing Amount For Total Expenses $ 52,756,315
22 Total Expenses $ 94,512,250
23 Net Income (Loss) $(35,154,722)
24 Total Expenses (Direct Costs) $ 46,364,191
25 Total Expenses (Indirect Costs) $ 12,061,600
26 Total Expenses (Total) $ 58,425,791
27 Number of Personnel End of Year 274
25 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
Organization Chart
See page 26-A
Methods of Allocation
Indirect costs are allocated monthly to each project based on the direct
dollars charged to the project.
Annual Statement of Compensation for Use of Capital Billed
- Not applicable -
26 of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
Organization Chart
DIRECTORS POSITION
C. John Wilder Director
Geoffrey D. Roberts Director
Donald C. Hintz Director
OFFICERS POSITION
Geoffrey Roberts, Jr. President and Chief Executive Officer,
Entergy Power Group
Michael G. Thompson Senior Vice President-Law and Secretary
Paul J. Wielgus Senior Vice President
Hamid Fatemi Vice President
Lawrence S. Folks Vice President
William R. Ford, Jr. Vice President
Dale K. Furrow Vice President
Turgay Gurun Vice President
Joseph T. Henderson Vice President and General Tax Counsel
Margarita G. Jannasch Vice President
John J. Ludwig Vice President
Steven C. McNeal Vice President and Treasurer
Robert J. Moore Vice President
Frederick Nugent Vice President
David Stoner Vice President
Christopher J. Bernard Assistant Secretary
Laurence M. Hamric Assistant Secretary
26A of 27 pages
<PAGE>
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, 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 Enterprises, Inc.
By: /s/ Steven C. McNeal
Steven C. McNeal,
Vice President and Treasurer
Date: May 1, 2000
