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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58
December 31, 1999
CINERGY CORP.
139 EAST FOURTH STREET
CINCINNATI, OHIO 45202
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*Inquiries concerning this Form U-9C-3 should be directed to:
Bernard F. Roberts
Cinergy Corp.
139 East Fourth Street
Cincinnati, Ohio 45202
(513) 287-2090
<PAGE>
TABLE OF CONTENTS
Item Page
Number Number
- ------ ------
1 Organization Chart . . . . . . . . . . . . . . . . . . . . . 3
2 Issuances and Renewals of Securities and Capital
Contributions. . . . . . . . . . . . . . . . . . . . . . . 4
3 Associate Transactions
Part I - Transactions Performed by Reporting Companies on
Behalf of Associate Utility Companies. . . . . . . . . . 5
Part II - Transactions Performed by Associate Utility
Companies on Behalf of Reporting Companies . . . . . . . 6
4 Summary of Aggregate Investment. . . . . . . . . . . . . . . 7
5 Other Investments. . . . . . . . . . . . . . . . . . . . . . 8
6a Financial Statements . . . . . . . . . . . . . . . . . . . . 9
6b Exhibits . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Signatures . . . . . . . . . . . . . . . . . . . . . . . . . 10
<PAGE>
ITEM 1. ORGANIZATION CHART
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Energy or Percentage of
Gas-Related Date of State of Voting Nature of
Name of Reporting Company Company Organization Organization Securities Held Business
- ------------------------- ------------------- ------------ ------------ --------------- ---------
OMITTED FOR THE FOURTH CALENDAR
QUARTER PURSUANT TO INSTRUCTIONS
FOR "ITEM 1".
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ITEM 2. ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS*
<S> <C> <C> <C>
Associate Company Energy-Related Type of Net Change in
Advancing Funds Company Receiving Funds Transaction Borrowing/Contributions
- ----------------- ----------------------- ----------- -----------------------
(in thousands)
Cinergy Investments, Inc. Enertech Associates, Inc. Open account advance $ 26
Cinergy Investments, Inc. Cinergy Resources, Inc. Open account advance 2,716
Cinergy Investments, Inc. Cinergy Capital & Trading, Inc. Open account advance 3,164
Cinergy Investments, Inc. Cinergy Engineering, Inc. Open account advance 5
Cinergy Capital & Trading, Inc. CinCap V, LLC Open account repayment (4,896)
Cinergy Capital & Trading, Inc. Cinergy Marketing & Trading, Inc. Open account advance 2,000
Cinergy Capital & Trading, Inc. CinPower I, LLC Capital contribution 289
Cinergy Investments, Inc. Cinergy Supply Network, Inc. Open account advance 14
Cinergy Solutions, Inc. Trigen-Cinergy Solutions, Inc. Open account advance 1,149
Cinergy Solutions, Inc. Trigen-Cinergy Solutions of Open account advance (2)
Cincinnati, LLC
Cinergy Solution, Inc. Trigen-Cinergy Solutions of Open account advance 38
Ashtabula, LLC
Cinergy Solutions, Inc. Trigen-Cinergy Solutions of Open account advance 1,039
Tuscola, LLC
Cinergy Solutions, Inc. Cinergy Solutions of Tuscola, Inc. Open account advance 2,610
Cinergy Global Cinergy Global San Gorgonio, Inc. Capital repayment (660)
Resources, Inc.
<FN>
*Item 2 excludes a net increase in guarantees issued on behalf of energy-related companies by Cinergy or its subsidiaries during
the fourth quarter of 1999 totaling approximately $106 million. These guarantees are included in Item 4. Summary of Aggregate
Investment.
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ITEM 3. ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Utility Companies
<S> <C> <C> <C> <C> <C> <C>
Associate Utility Types of Direct Indirect Total
Reporting Company Company Receiving Services Costs Costs Cost of Amount
Rendering Services Services Rendered Charged Charged Capital Billed
- ----------------------- ------------------- ---------- --------- --------- --------- --------
(in thousands)
Reliant Services, Inc. The Cincinnati Gas Line 702 132 78 912
& Electric Company locating
and
underground
construction
services
Reliant Services, Inc. PSI Energy, Inc. Line 1,443 271 160 1,874
locating
and
underground
construction
services
Reliant Services, Inc. The Union Light, Line 69 13 8 90
Heat and Power locating
Company and
underground
construction
services
<FN>
(1) All of the services below were rendered pursuant to service agreements
approved in File No. 70-9449 (see HCAR No. 27016, May 4, 1999, exhibits
B-1, B-2, and B-3).
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ITEM 3. ASSOCIATE TRANSACTIONS (Continued)
PART II - Transactions Performed by Associate Utility Companies on Behalf of Reporting Companies
<S> <C> <C> <C> <C> <C> <C>
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
- ----------------------- ----------------------- -------------- ------------- ------------- ------------- --------------
NONE
</TABLE>
<PAGE>
ITEM 4. SUMMARY OF AGGREGATE INVESTMENT
December 31, 1999
-------------------------
(in thousands)
Investments in Energy-Related Companies:
Total consolidated capitalization of Cinergy
as of December 31, 1999 $6,316,754
Total capitalization multiplied by 15% $947,513
Greater of $50 million or total
capitalization multiplied by 15% 947,513
Total current aggregate investment subsequent
to March 24, 1997 (categorized by major line
of energy-related business):
Energy-related business category "i" (1) 14,754
Energy-related business category "v" (2) 348,093
Energy-related business category "vi" (3) 14,059
Energy-related business category "vii" (4) 17,948
Energy-related business category "viii" (5) 36,210
-------
Total current aggregate investment 431,064
--------
Difference between the greater of $50 million
or 15% of capitalization and the total aggregate
investment of the registered holding company system $516,449
========
(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.
<PAGE>
ITEM 5. OTHER INVESTMENTS
<TABLE>
<CAPTION>
<S> <C> <C> <C>
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)
NONE
</TABLE>
<PAGE>
ITEM 6. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements
OMITTED FOR THE FOURTH CALENDAR QUARTER PURSUANT TO INSTRUCTIONS FOR "ITEM 6".
(b) Exhibits
NONE
<PAGE>
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 27, 2000
BY /S/ BERNARD F. ROBERTS
--------------------------------
Bernard F. Roberts
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 third quarter of 1999 was filed with Cinergy Corp's
interested state commissions whose names and addresses are listed below.
The Public Utilities Commission of Ohio
Alan R. Schriber, Chairman
180 East Broad Street
Columbus, OH 43266
Indiana Utility Regulatory Commission
Robert C. Glazier, Secretary
302 W. Washington Street, Suite E306
Indianapolis, IN 46204
Kentucky Public Service Commission
Donald Mills, Executive Director
P.O. Box 615
Frankfort, KY 40602
