FORM U-3A-2
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.
Statement by Holding Company Claiming Exemption
Under Rule U-3A-2
from the Provisions of the Public Utility Holding Company
Act of 1935
To be filed Annually Prior to March 1
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
hereby files with the Securities and Exchange Commission
pursuant to Rule 2 its statement claiming exemption as a
holding company from the provisions of the Public Utility
Holding Company Act of 1935, and submits the following
information:
1. Southern Indiana Gas and Electric Company
("SIGECO") is a combination gas and electric utility and
wholly-owned subsidiary of SIGCORP, Inc. ("SIGCORP"), an
investor owned holding company. SIGCORP was formed in 1995
under the laws of the State of Indiana by SIGECO. On
January 1, 1996, SIGCORP became the parent of SIGECO,
pursuant to a corporate reorganization plan and also became
the parent of nonutility subsidiaries formerly owned by
SIGECO. SIGECO serves customers in 10 southwestern Indiana
counties. Nonutility business activities are conducted
under separate subsidiaries.
SIGECO is an operating public utility incorporated on
June 10, 1912 under the laws of the State of Indiana. The
Company is located in Evansville, Indiana and is engaged in
the generation, transmission, distribution and sale of
electricity and the purchase, transportation, distribution
and sale of natural gas in southwestern Indiana. SIGECO owns
approximately 33% of the outstanding common stock of
Community Natural Gas Company, Inc. ("Community"), an
Indiana corporation, which is a small Indiana gas
distribution company with offices in Mt. Carmel, Illinois.
Community conducts its business in southwestern Indiana.
2. The principal generating facilities of SIGECO
include the Culley Station with 406,000 kW of capacity and
Warrick Unit No. 4 with 135,000 kW of capacity, both located
in Warrick County near Yankeetown, Indiana; and the A. B.
Brown Station with 500,000 kW of capacity, located in Posey
County about eight miles east of Mt. Vernon, Indiana. These
facilities include six coal-fired generating units and have
a combined generating capacity of 1,041,000 kW.
SIGECO's Broadway Gas Turbine Units, with a capacity of
115,000 kW, are located in Evansville, Vanderburgh County,
Indiana. This generating facility is equipped to burn oil
and/or natural gas. These units generally are used only for
reserve, peaking or emergency purposes due to the higher
unit cost per kilowatt hour of generation when using oil or
gas as fuel.
SIGECO's Brown Gas Turbine I, with capacity of 80,000
kW, is located at the A. B. Brown Station. The unit is
fueled by natural gas, although fuel oil can also be used if
gas is unavailable. The main function of the gas turbine is
to generate adequate power during times of peak demand.
However, it is also used to assist in maintaining voltage
support on the west end of the system, and can be used to
"black start" the Brown plant if a catastrophe should cause
a partial or total system blackout.
SIGECO also owns two gas fired turbine generating units
with a capacity of 20,000 kW, which are used for peaking and
emergency purposes only. These units are known as the
Northeast Gas Turbine Units and are located northeast of
Evansville, in Vanderburgh County, Indiana.
SIGECO's transmission system consists of 823 circuit
miles of 138,000 and 69,000 volt lines. The transmission
system also includes 26 substations with an installed
capacity of 3,897,700 kilovolt amperes. The electric
distribution system includes 3,188 pole miles of lower
voltage overhead lines and 211 trench miles of conduit
containing 1,271 miles of underground distribution cables.
The distribution system also includes 96 distribution
substations with an installed capacity of 2,001,384 kilovolt
amperes and 48,651 distribution transformers with an
installed capacity of 2,159,957 kilovolt amperes.
SIGECO owns and operates three underground gas storage
fields with an estimated ready delivery from storage
capability of 3.8 billion cubic feet of gas. The Oliver
Field, in service since 1954, is located in Posey County,
Indiana, about 13 miles west of Evansville; the Midway
Field, in service since 1966, is located in Spencer County,
Indiana, about 20 miles east of Evansville near Richland,
Indiana; and, the Monroe City Field, in service since 1958,
is located 10 miles east of Vincennes, Indiana.
SIGECO's gas transmission system includes 142 miles of
transmission mains, and the gas distribution system includes
2,845 miles of distribution mains.
The only utility property SIGECO owns outside of
Indiana is approximately eight miles of 138,000 volt
electric transmission line which is located in Kentucky and
which interconnects with Louisville Gas and Electric
Company's transmission system at Cloverport, Kentucky.
Community is a small gas utility that has several
noncontiguous service territories in southwestern Indiana.
Much of its service territory is adjacent to or near the gas
service territory of SIGECO. Community has 6,899 natural
gas customers consisting of residential, commercial,
industrial and public authority classes of service. Its gas
distribution system includes approximately 484 miles of
distribution mains. Community has no underground gas
storage facilities.
3. For the year ended December 31, 1999, SIGECO's
retail and wholesale electric sales totaled 6,940,715,024
kWh, while its retail and transported gas sales totaled
31,849,973 Dth. SIGECO has no electric or gas retail sales
outside the State of Indiana. For this same period, SIGECO
had wholesale electric sales of 341,952,000 kWh to utilities
and power marketers located outside the state of Indiana.
SIGECO had no wholesale natural gas sales outside of
Indiana, or at the state line. During 1999, SIGECO
purchased 426,219,000 kWh of power from utilities and power
marketers located outside the state of Indiana. For the
year ended December 31, 1999, SIGECO's retail natural gas
sales totaled 12,269,892 Dth and 19,580,081 Dth of natural
gas was transported for end users for a total natural gas
sold and transported of 31,849,973 Dth, all of which was
distributed within the State of Indiana. For this same
period, SIGECO had no gas wholesale sales. During 1999,
SIGECO purchased for its system supply 12,574,928 Dth of
natural gas, 100% of its requirements, from 36 natural gas
suppliers.
For the year ended December 31, 1999, Community's
retail gas sales totaled 895,681 Dth, and no natural gas was
transported for end users resulting in a total gas sold and
transported of 895,681 Dth, all of which was distributed
within the State of Indiana. For this same period,
Community had no wholesale natural gas sales. During 1998,
Community received for its system supply 932,091 Dth of
natural gas from its four traditional pipeline suppliers,
Texas Gas Transmission Corporation, Texas Eastern
Corporation, ANR Pipeline and Midwestern Gas. The gas
purchased for its system was purchased through a broker.
4. SIGECO does not hold any interest in an exempt
wholesale generator or foreign utility company.
Exhibit A: Consolidated statement of income and surplus
of SIGECO for the year ended December 31, 1999, together
with a consolidating balance sheet of SIGECO as of the close
of such calendar year.
Exhibit B: Financial data schedule.
The above named Company has caused this statement to be
duly executed on its behalf by its authorized officer on
this 28th day of February, 2000.
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
By /S/ T. L. Burke
T. L. Burke
Treasurer
ATTEST:
/s/ L. K. Tiemann
L. K. Tiemann
Assistant Secretary
The name, title and address of the officer to whom notice
and correspondence concerning this statement should be
addressed is:
T. L. Burke
Treasurer
Southern Indiana Gas and Electric Company
20 N.W. Fourth Street
Evansville, Indiana 47741-0001
<PAGE> 1 of 3
Exhibit A
<TABLE>
<CAPTION>
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
SIGECO
<S> <C>
ASSETS
Utility Plant at cost:
Electric 1,160,216
Gas 156,918
Accumulated Depreciation (623,611)
Cwip 45,393
Investment in Subsidiaries 0
Investments in leveraged leases 0
Investments in partnerships 0
Funds held by Trustee 996
Nonutility property & other 1,627
Cash and cash equivalents 449
Cash - Restricted 0
Temporary investments 0
Receivables, net 53,474
Notes receivable from assoc. co. 1,159
Fuel (coal and oil) 12,229
Materials and supplies 13,352
Allowance Inventory 4,437
Gas in underground storage 11,441
Other current assets 8,576
Unamortized def. return on ABB#2 0
Unamortized prem. on reacq. debt 4,416
Post-retire. ben. oblig. oth. than pensions 1,234
Accum Deferred Income Taxes 0
Def Tax Asset-FASB109 0
Other deferred charges 42,453
894,759
</TABLE>
<PAGE> 2 of 3
Exhibit A
<TABLE>
<CAPTION>
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
SIGECO
<S> <C>
SHAREHOLDERS' EQUITY AND LIABILITIES
Common Stock (78,258)
Additional paid-in capital
Retained Earnings (256,313)
Treasury stock 0
Cumulative preferred stock (18,590)
Cumulative special preferred stock (692)
Long-term debt less current mat. (238,282)
Long-term Partnership Obligations 0
Current por. of adj. rate p. c. bonds (53,700)
Notes payable (22,880)
Maturing long-term debt 0
Maturing Partnership Obligations 0
Accounts payable (28,555)
Notes payable to Assoc. Company (5)
Dividends payable (117)
Accrued taxes (8,408)
Accrued interest (6,012)
Refunds to customers (5,375)
Other accrued liabilities (22,706)
Accumulated deferred income taxes (122,976)
Accumulated deferred ITC (17,372)
Regulatory liability - FAS 109 0
Post-retire. ben. oblig. oth. than pensions (12,041)
Other (2,477)
(894,759)
</TABLE>
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
Consolidating Trial Balance
For Twelve Months Ending December 31, 1999
<PAGE> 3 of 3
Exhibit A
<TABLE>
<CAPTION>
SIGECO
<S> <C>
INCOME STATEMENT
Operating Revenues
Electric (307,569)
Gas (68,212)
Energy services
Other
Fuel for electric generation 72,155
Purchased electric energy 20,791
Cost of gas sold 39,612
Cost of energy services revenues
Cost of other revenues
Other operation expenses 61,108
Maintenance 34,550
Depreciation and amortization 44,867
Federal and state inc. tax. 26,427
Property and other taxes 12,845
AFUDC (other) (296)
Interest income (363)
Other, net 58
Interest expense on long-term debt 16,121
Amort. of prem., disc. & exp on debt 487
Other interest expense 3,158
AFUDC (borrowed) (2,507)
Preferred dividend requirement 1,078
NET INCOME (45,690)
</TABLE>
EXHIBIT B
<TABLE>
<CAPTION>
Item Caption Heading (in thousands)
No.
<S> <C> <C>
1. Total Assets $ 894,759
2. Total Operating Revenues $ 375,781
3. Net Income $ 45,690
</TABLE>
