SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
In the Matter of CERTIFICATE
Cinergy Corp., et al. OF
File No. 70-9011 NOTIFICATION
Public Utility Holding Company
Act of 1935 ("PUHCA")
Cinergy Corp., a registered holding company ("Cinergy"), hereby
submits the following information pursuant to rule 24 under PUHCA and the
Commission's order dated March 23, 1998 in the above docket (HCAR No.
26848):/1/
1. At September 30, 1998, Cinergy's "aggregate investment" and
"consolidated retained earnings" (both as used in rule 53(a)
under PUHCA) were approximately $615.6 million and $953.6
million, respectively.
2. Cinergy's aggregate investment at September 30, 1998 is
equivalent to approximately 9.90% of Cinergy's total
capitalization, approximately 10.13% of Cinergy's net utility
plant, approximately 6.52% of total consolidated assets, and
approximately 10.15% of Cinergy's market capitalization (each at
September 30, 1998).
3. At September 30, 1998, consolidated debt /2/, cumulative
preferred stock, and common equity comprised approximately 57.6%,
1.5% and 40.9%, respectively, of Cinergy's consolidated
capitalization.
4. At September 30, 1998, Cinergy's market-to-book ratio was 239%.
Pursuant to a request for confidential treatment under rule 104(b) of
PUHCA, Cinergy is concurrently filing in paper format as Exhibit A, certain
information concerning growth in retained earnings, net income and revenues
of Cinergy's Exempt Entities. <PAGE>
<PAGE>
S I G N A T U R E
Pursuant to the requirements of PUHCA, the undersigned company has
duly caused this document to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 24, 1998
CINERGY CORP.
By: /s/William Sheafer
Vice President & Treasurer
ENDNOTES
/1/ Any capitalized terms not otherwise defined herein have the respective
meanings assigned in HCAR No. 26848.
/2/ As used herein, "consolidated debt" means all long-term debt,
long-term debt due within one year, notes payable and other short-term
obligations, including any short-term debt and non-recourse debt of Exempt
Entities to the extent normally consolidated under applicable financial
reporting rules.
