CERTIFICATE OF NOTIFICATION
filed by
THE SOUTHERN COMPANY
Pursuant to supplemental order of the Securities and Exchange
Commission dated October 25, 1987, in the matter of File No. 70-
6982.
- - - - - - - - - -
The Southern Company (Southern), pursuant to Rule 24,
hereby provides the following information as required by the
above-mentioned supplemental order:
(1) financial statements of Integrated Communication
Systems, Inc. (ICS), as furnished to Southern by
ICS (Reference is made to Exhibit A filed
herewith);
(2) number of shares outstanding of ICS common stock
at June 30, 1995 - 390,746 shares; number of ICS
shares owned by Southern - 130,381 shares;
percentage of ICS shares outstanding owned by
Southern - 33.37%; based on information provided
by American Electric Power, Inc. (AEP), the number
of ICS shares owned by AEP - 80,000 shares;
percentage of ICS shares outstanding owned by
AEP - 20.47%; and
(3) revenues of ICS by major segments, as furnished to
Southern by ICS (Reference is made to Exhibit A
filed herewith).
Filed herewith is the following exhibit:
Exhibit A - Financial statements of ICS at June
30, 1995, including revenues of ICS
by major segment.
SIGNATURE
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned company has duly
caused this certificate to the signed on its behalf by the
undersigned thereunto duly authorized.
Dated: September 28, 1995 THE SOUTHERN COMPANY
By /s/ Tommy Chisholm
Tommy Chisholm
Secretary<PAGE>
EXHIBIT A
INTEGRATED COMMUNICATION SYSTEMS, INC. & SUBSIDIARIES
STATEMENT OF OPERATIONS AND RETAINED EARNINGS
FOR THE TWELVE MONTHS ENDED JUNE 30, 1995
(UNAUDITED)
EARNED REVENUE: $ 77,778
COST OF EARNED REVENUE 23,087
GROSS PROFIT (LOSS) 54,691
Marketing, Development & Operating Expenses 405,133
Operating (Loss) (350,442)
Other Income ( Expense) 3,948
Net (Loss) for the Year $(346,494)
Retained Earnings (Deficit) December 31, 1994 $(11,204,000)
Retained Earnings (Deficit) June 30, 1995 $(11,550,494)
1<PAGE>
INTEGRATED COMMUNICATION SYSTEMS, INC. & SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
JUNE 30, 1995
(UNAUDITED)
ASSETS
CURRENT ASSETS:
Cash $ 46,456
Trade Accounts Receivable 25,000
Deposits 300,000
Prepaids, etc. 4,065
Total Current Assets 375,521
PROPERTY AND EQUIPMENT, AT COST, Net of
Accumulated Depreciation of $73,262 27,946
OTHER ASSETS
Deposits 1,897
Total Assets $ 405,364
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT
CURRENT LIABILITIES:
Trade Accounts Payable $ 9,964
Accrued Liabilities 112,486
Deferred Revenue 1,136,937
Total current liabilities 1,259,387
STOCKHOLDERS' EQUITY (DEFICIT):
Common Stock $.10 par value;
authorized shares -- 1,000,000;
issued and outstanding shares --
390,746 in 1994 39,075
Additional paid-in capital 8,184,782
Common Stock rights outstanding --
390,746 in 1994 2,459,440
Accumulated Deficit (11,190,826)
Total stockholders'
equity (deficit) (346,494)
Total liabilities and
stockholders' equity (deficit) $ 405,364
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