<PAGE> 1
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
In the Matter of
SOUTHWESTERN ELECTRIC POWER COMPANY REPORT FOR PERIOD
Shreveport, Louisiana 71156 July 1, 1994 TO
September 30, 1994
PUBLIC SERVICE COMPANY OF OKLAHOMA PURSUANT TO RULE 24
Tulsa, Oklahoma 74102
File No. 70-5741
This report is filed by Southwestern Electric Power Company (SWEPCO)
on behalf of itself and Public Service Company of Oklahoma (PSO)
pursuant to Rule 24 promulgated under the Public Utility Holding
Company Act of 1935 by the Securities and Exchange Commission pursuant
to Sections 6(a), 7, 9(a) and 10 of said Act. SWEPCO's and PSO's
Application-Declaration, as further amended by post-effective
amendments, in this matter proposed the filing by SWEPCO of quarterly
reports to the Commission, pursuant to Rule 24 of the Act, providing
as to activities during each quarter: (a) total number of rail cars
serviced by month for both SWEPCO and PSO; (b) the amount of
expenditures by month for direct labor, direct material cost and
indirect expenses for both SWEPCO and PSO; (c) computation by month
of allocated cost to be shared by SWEPCO and PSO on the basis of the
"Cost Ratio", and (d) copies of the monthly reports furnished by
SWEPCO to PSO detailing the work and charges associated with PSO rail
cars assigned to the facility which were repaired during the previous
month, within the context of the Rail Car Maintenance Facility
Agreement Between SWEPCO and PSO. This report covers the period
July 1, 1994 through September 30, 1994.
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A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
July 1994 590 234 824
August 1994 327 259 586
September 1994 98 68 166
Total Period 1,015 561 1,576
B. AMOUNT OF EXPENDITURES
DETAIL SWEPCO PSO TOTAL
Direct Labor - July 1994 $ 53,999 $ 22,708 $ 76,707
- August 1994 8,891 16,472 25,363
- September 1994 13,334 10,201 23,535
- Total Period 76,224 49,381 125,606
Direct Material - July 1994 153,630 109,312 262,942
- August 1994 93,314 170,461 263,775
- September 1994 117,080 61,884 178,964
- Total Period 364,024 341,657 705,681
Other Direct Expenses - July 1994 8,044 (29,887) (21,843)
- August 1994 (25,628) (36,344) (61,972)
- September 1994 (88) (51,088) (51,176)
- Total Period (17,672) (117,319) (134,991)
Indirect Expenses Shared
On Cost Ratio - July 1994 101,675 45,969 147,644
- August 1994 56,188 111,138 167,326
- September 1994 69,218 57,660 126,878
- Total Period 227,081 214,767 441,848
Total Expenditures - July 1994 317,347 148,102 465,449
- August 1994 132,765 261,727 394,492
- September 1994 199,545 78,657 278,202
- Total Period $ 649,657 $ 488,486 $1,138,143
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
July 1994 -
Direct Labor $ 53,999 $ 22,708 $ 76,707
Cost Ratio 70.40% 29.60% 100.00%
August 1994 -
Direct Labor $ 8,891 $ 16,472 $ 25,363
Cost Ratio 35.06% 64.94% 100.00%
September 1994 -
Direct Labor $ 13,334 $ 10,201 $ 23,535
Cost Ratio 56.66% 43.34% 100.00%
D. COPIES OF MONTHLY REPORTS
Copies of the monthly statements furnished by SWEPCO to PSO detailing
charges associated with PSO rail cars are attached as Exhibits 1, 2 and
3.
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S I G N A T U R E
As required by Order of this Commission pursuant to the Public
Utility Holding Company Act of 1935, Southwestern Electric Power
Company has duly caused this report to be signed on its behalf on
this the 10th day of November, 1994.
SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ R. Russell Davis
R. Russell Davis
Controller and
Chief Accounting Officer
P. O. Box 21106
Shreveport, Louisiana 71156-0001
Telephone (318) 222-2141
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INDEX TO EXHIBITS
Exhibit Transmission
Number Exhibit Method
1 July 1994 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
2 August 1994 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
3 September 1994 statement furnished by SWEPCO Electronic
to PSO detailing PSO's rail car charges
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 1
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 1 of 3
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
JULY 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 590 PSO 234
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $153,630.02
018-186.4 Stores Salvage - SWEPCO ($30,578.07)
101-186.4 Direct Labor to SWEPCO Coal Cars $46,151.40
104-186.4 Direct Labor to Rework SWEPCO Material $7,847.59
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $10,484.00
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $2,449.15
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $3,956.58
238-186.4 Depreciation Expense - SWEPCO $10,586.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $8,907.09
272-186.4 Switching Fees - SWEPCO $2,064.04
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $215,672.80
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $109,312.46
015-186.4 Inventory Carrying Charges - PSO $3,160.83
019-186.4 Stores Salvage - PSO ($33,223.56)
102-186.4 Direct Labor to PSO Coal Cars $17,840.59
103-186.4 Direct Labor to Rework PSO Material $4,867.34
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $739.96
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO ($667.56)
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $0.00
273-186.4 Switching Fees - PSO $0.00
278-186.4 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $102,133.06
Exhibit 1
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $6,021.75
011-186.4 Small Tools $632.27
012-186.4 Facility Maintenance - Material $2,008.53
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $454.77
017-186.4 Equipment Operation and Maintenance $1,101.33
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $13,948.20
111-186.4 Clerical $4,673.77
112-186.4 Training and Safety $553.73
113-186.4 General Shop Labor $24,085.18
114-186.4 Facility Maintenance - Labor $10,962.63
116-186.4 Switch Engine Operation and Maintenance $13,252.01
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,895.66
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $4,062.35
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $1,324.57
212-186.4 Employee Fringe Benefits $8,573.59
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $232.34
225-186.4 Maintenance of Facilities (Contracted) $2,810.00
226-186.4 Office Supplies and Expenses $435.81
232-186.4 Payroll Taxes (FICA & UC) - Other $5,099.49
233-186.4 Special Services $0.00
234-186.4 Utilities-Heat, Light, Power and Water $4,291.85
235-186.4 Utilities - Telephone $1,090.29
236-186.4 Vehicle Expense $88.61
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $0.00
262-186.4 Lease - Basic - All Except Coal Cars $32,962.01
264-186.4 Lease - Supplemental Expenses-Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 70.40 % PSO 29.60 % $144,424.14
$101,674.59
$42,749.55
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,219.37
TOTAL COSTS FOR MONTH $317,347.39
$148,101.98
June Adjustments (See Attached Schedule) $ 0.00
$0.00
TOTAL COSTS AND ADJUSTMENTS $317,347.39
$148,101.98
Exhibit 1
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $53,998.99 70.40 % SWEPCO
102, 103 Direct Labor PSO $22,707.93 29.60 % PSO
Total Direct Labor $76,706.92 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 2
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 1 of 3
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
AUGUST 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 327 PSO 259
B. AMOUNT OF EXPENDITURES:
SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $93,313.76
018-186.4 Stores Salvage - SWEPCO ($74,757.50)
101-186.4 Direct Labor to SWEPCO Coal Cars $5,884.04
104-186.4 Direct Labor to Rework SWEPCO Material $3,007.32
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $10,484.00
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $2,449.15
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $6,646.01
238-186.4 Depreciation Expense - SWEPCO $0.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $24,945.27
272-186.4 Switching Fees - SWEPCO $4,429.61
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $76,576.66
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $170,460.95
015-186.4 Inventory Carrying Charges - PSO $3,593.56
019-186.4 Stores Salvage - PSO ($50,629.19)
102-186.4 Direct Labor to PSO Coal Cars $12,737.05
103-186.4 Direct Labor to Rework PSO Material $3,735.25
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $739.96
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $4,522.03
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $5,034.28
273-186.4 Switching Fees - PSO $292.53
278-186.4 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $150,589.42
Exhibit 2
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor):
SHARED SWEPCO PSO
010-186.4 Shop Material $10,725.41
011-186.4 Small Tools $480.16
012-186.4 Facility Maintenance - Material $3,483.19
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $1,749.66
017-186.4 Equipment Operation and Maintenance $3,316.75
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,298.80
111-186.4 Clerical $3,610.88
112-186.4 Training and Safety $0.00
113-186.4 General Shop Labor $12,637.06
114-186.4 Facility Maintenance - Labor $41,914.75
116-186.4 Switch Engine Operation and Maintenance $3,374.44
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,498.16
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $3,165.46
210-186.4 Employee Activities $75.00
211-186.4 Employee Expenses $863.11
212-186.4 Employee Fringe Benefits $12,605.09
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $232.34
225-186.4 Maintenance of Facilities (Contracted) $1,202.50
226-186.4 Office Supplies and Expenses $329.61
232-186.4 Payroll Taxes (FICA & UC) - Other $6,287.32
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and
Water $4,367.08
235-186.4 Utilities - Telephone $1,192.84
236-186.4 Vehicle Expense $972.60
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $55.00
262-186.4 Lease - Basic - All Except Coal Cars $32,962.00
264-186.4 Lease - Supplemental Expenses -
Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 35.06 % PSO 64.94 % $160,262.61
$56,188.07
$104,074.54
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $7,063.04
TOTAL COSTS FOR MONTH $132,764.73
$261,727.00
July Adjustments (See Attached Schedule) $0.00
$0.00
TOTAL COSTS AND ADJUSTMENTS $132,764.73
$261.727.00
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $ 8,891.36 35.06 % SWEPCO
102, 103 Direct Labor PSO $16,472.30 64.94 % PSO
Total Direct Labor $25,363.66 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 3
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 1 of 3
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
SEPTEMBER 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 98 PSO 68
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $117,079.79
018-186.4 Stores Salvage - SWEPCO ($38,686.96)
101-186.4 Direct Labor to SWEPCO Coal Cars $12,109.62
104-186.4 Direct Labor to Rework SWEPCO Material $1,224.45
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $2,894.00
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $1,601.52
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $9,611.63
238-186.4 Depreciation Expense - SWEPCO $0.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $14,812.24
272-186.4 Switching Fees - SWEPCO $9,505.06
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $130,326.35
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $61,884.09
015-186.4 Inventory Carrying Charges - PSO $3,702.96
019-186.4 Stores Salvage - PSO ($58,839.45)
102-186.4 Direct Labor to PSO Coal Cars $7,355.00
103-186.4 Direct Labor to Rework PSO Material $2,846.09
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,224.66
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO ($1,206.60)
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $3,595.45
273-186.4 Switching Fees - PSO $331.82
278-186.4 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $ 20,997.02
Exhibit 3
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $171.51
011-186.4 Small Tools ($7,539.78)
012-186.4 Facility Maintenance - Material $15,266.08
013-186.4 Sale of Scrap (Cr.) ($16,740.75)
016-186.4 Switch Engine Operation and Maintenance ($330.76)
017-186.4 Equipment Operation and Maintenance $1,075.79
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $10,465.17
111-186.4 Clerical $2,289.17
112-186.4 Training and Safety $0.00
113-186.4 General Shop Labor $18,753.44
114-186.4 Facility Maintenance - Labor $37,811.97
116-186.4 Switch Engine Operation and Maintenance $3,012.66
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $661.68
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $2,581.34
210-186.4 Employee Activities $225.00
211-186.4 Employee Expenses $1,927.00
212-186.4 Employee Fringe Benefits $8,892.52
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $232.34
225-186.4 Maintenance of Facilities (Contracted) $0.00
226-186.4 Office Supplies and Expenses $631.13
232-186.4 Payroll Taxes (FICA & UC) - Other $0.00
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and
Water $4,663.76
235-186.4 Utilities - Telephone $528.26
236-186.4 Vehicle Expense $761.20
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $0.00
262-186.4 Lease - Basic - All Except Coal Cars $32,962.00
264-186.4 Lease - Supplemental Expenses - Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 56.66 % PSO 43.34 % $122,164.13
$69,218.20
$52,945.93
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $4,713.77
TOTAL COSTS FOR MONTH $199,544.55
$78,656.72
July Adjustments {See Attached Schedule} $0.00
$0.00
TOTAL COSTS AND ADJUSTMENTS $199,544.55
$78,656.72
Exhibit 3
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $13,334.07 56.66 % SWEPCO
102, 103 Direct Labor PSO $10,201.09 43.34 % PSO
Total Direct Labor $23,535.16 100.00 %
