UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58
December 31, 1997
CINERGY CORP.
139 EAST FOURTH STREET
CINCINNATI, OHIO 45202
*Inquiries concerning this Form U-9C-3 should be directed to:
Teresa A. Zauss
Cinergy Corp.
1000 East Main Street
Plainfield, Indiana 46168
(317) 838-1115
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TABLE OF CONTENTS
Item Page
Number Number
1 Organization Chart . . . . . . . . . . . . . . . . . . . . . 1
2 Issuances and Renewals of Securities and Capital
Contributions. . . . . . . . . . . . . . . . . . . . . . . 2
3 Associate Transactions
Part I - Transactions Performed by Reporting Companies on
Behalf of Associate Utility Companies. . . . . . . . . . 3
Part II - Transactions Performed by Associate Utility
Companies on Behalf of Reporting Companies . . . . . . . 4
4 Summary of Aggregate Investment. . . . . . . . . . . . . . . 5
5 Other Investments. . . . . . . . . . . . . . . . . . . . . . 6
6 Financial Statements . . . . . . . . . . . . . . . . . . . . 7
Signatures . . . . . . . . . . . . . . . . . . . . . . . . . 8
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ITEM 1. ORGANIZATION CHART
Energy or Percentage of
Gas-Related Date of State of Voting Nature of
Name of Reporting Company Company Organization Organization Securities Held Business
<S> <C> <C> <C> <C> <C>
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OMITTED FOR THE FOURTH CALENDAR QUARTER PURSUANT TO INSTRUCTIONS FOR "ITEM 1".
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ITEM 2. ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Associate Company Energy-Related Company Type of Net Change in
Advancing Funds Receiving Funds Transaction Borrowings/Contributions
------------------ ----------------------- ----------- ------------------------
<S> <C> <C> <C>
(in thousands)
Cinergy Investments, Inc.
(Investments) Enertech Associates, Inc. Open account advance $ (338)*
Investments Cinergy Engineering, Inc. Open account advance (24)*
Investments Cinergy Resources, Inc. Open account advance 2,332
Investments Cinergy Capital & Trading, Inc. Open account advance 23,050
Investments Cinergy-Cadence, Inc. Open account advance 2,825
Cinergy-Cadence, Inc. Cadence Network LLC Capital contribution 2,825
Solutions Trigen-Cinergy Solutions LLC Open account advance 1,406
Solutions Trigen-Cinergy Solutions of Cincinnati LLC Capital contribution 8,423
<FN>
* Parentheses represents net decrease in the amount of borrowings/contributions from associated company
</FN>
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ITEM 3. ASSOCIATE TRANSACTIONS
Part I - Transactions Performed by Reporting Companies on Behalf of Associate Utility Companies
Reporting Company Associate Utility Company Types of Direct Indirect Total
Rendering Receiving Services Costs Costs Cost of Amount
Services Services Rendered Charged Charged Capital Billed
- ----------------- ------------------------- -------- ------- -------- ------- ------
<S> <C> <C> <C> <C> <C> <C>
NONE
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ITEM 3. ASSOCIATE TRANSACTIONS (Continued)
Part II - Transactions Performed by Associate Utility Companies on Behalf of Reporting Companies
Associate Utility Reporting Company Types of Direct Indirect Total
Company Rendering Receiving Services Costs Costs Cost of Amount
Services Services Rendered Charged Charged Capital Billed
- ----------------- ----------------- -------- ------- -------- ------- ------
<S> <C> <C> <C> <C> <C> <C>
NONE
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ITEM 4. SUMMARY OF AGGREGATE INVESTMENT
December 31, 1997
(in thousands)
Investments in Energy-Related Companies:
Total consolidated capitalization of Cinergy Corp.
as of December 31, 1997 $6,067,119
Total capitalization multiplied by 15% 910,068
Greater of $50 million or total capitalization
multiplied by 15% 910,068
Total current aggregate investment subsequent to
March 24, 1997 (categorized by major line of energy-related business):
Energy-related business category "i" (1) 12,825
Energy-related business category "v" (2) 78,982
Energy-related business category "vi" (3) 8,423
Energy-related business category "vii" (4) (314)*
Energy-related business category "viii" (5) 1,406
---------
Total current aggregate investment 101,322
--------
Difference between the greater of $50 million or 15%
of capitalization and the total aggregate investment
of the registered holding company system $808,746
========
(1) Rule 58 defines category "i" as the rendering of energy management
services and demand-side management services.
(2) Rule 58 defines category "v" as the brokering and marketing of energy
commodities, including but not limited to electricity, natural or
manufactured gas and other combustible fuels.
(3) Rule 58 defines category "vi" as the production, conversion, sale and
distribution of thermal energy products, such as process steam, heat, hot
water, chilled water, air conditioning, compressed air and similar
products; alternative fuels; and renewable energy resources; and the
servicing of thermal energy facilities.
(4) Rule 58 defines category "vii" as the sale of technical, operational,
management, and other similar kinds of services and expertise, developed
in the course of utility operations in such areas as power plant and
transmission system engineering, development, design and rehabilitation;
construction; maintenance and operation; fuel procurement, delivery and
management; and environmental licensing, testing and remediation.
(5) Rule 58 defines category "viii" as the development, ownership or operation
of "qualifying facilities," as defined under the Public Utility Regulatory
Policies Act of 1978, as amended ("PURPA"), and any integrated thermal,
steam host, or other necessary facility constructed, developed or acquired
primarily to enable the qualifying facility to satisfy the useful thermal
output requirements under PURPA.
* Aggregate investment has decreased subsequent to March 24, 1997.
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ITEM 5. OTHER INVESTMENTS
Major Line of Energy-Related Other Investment in Last Other Investment in this Reason for Difference in
Business U-9C-3 Report U-9C-3 Report Other Investment
(in thousands)
<S> <C> <C> <C>
NONE
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ITEM 6. FINANCIAL STATEMENTS AND EXHIBITS
OMITTED FOR THE FOURTH CALENDAR QUARTER PURSUANT TO INSTRUCTIONS FOR "ITEM 6".
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SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, Cinergy Corp. has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Cinergy Corp.
Registrant
Dated: March 30, 1998
By /s/ John P. Steffen
John P. Steffen
Duly Authorized Officer
and
Chief Accounting Officer
With the above signature, I also hereby certify that the corresponding report on
Form U-9C-3 for the fourth quarter of 1997 was filed with Cinergy Corp's
interested state commissions whose names and addresses are listed below.
The Public Utilities Commission of Ohio
Craig Glazer, Chairman
180 East Broad Street
Columbus, OH 43266
Indiana Utility Regulatory Commission
William D. McCarty, Chairman
302 W. Washington Street, Suite E306
Indianapolis, IN 46204
Kentucky Public Service Commission
B. J. Helton, Chairman
P.O. Box 615
Frankfort, KY 40602
