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 March 31, 1999, Cinergy's "aggregate investment" and
"consolidated retained earnings" (both as used in rule 53(a)
under PUHCA) were approximately $656.4 million and $948.9
million, respectively.
2. Cinergy's aggregate investment at March 31, 1999, is equivalent
to approximately 10.31% of Cinergy's total capitalization,
approximately 10.34% of Cinergy's net utility plant,
approximately 6.67% of total consolidated assets, and
approximately 15.03% of Cinergy's market capitalization (each at
March 31, 1999).
3. At March 31, 1999, consolidated debt/2/, cumulative preferred
stock, and common equity comprised approximately 57.8%, 1.5% and
40.7%, respectively, of Cinergy's consolidated capitalization.
4. At March 31, 1999, Cinergy's market-to-book ratio was 168%.
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.
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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: May 25, 1999
CINERGY CORP.
By: /s/William L. 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.
