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 April 1, 1994 TO
June 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
April 1, 1994 through June 30, 1994.
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
April 1994 608 280 888
May 1994 459 209 668
June 1994 550 106 656
Total Period 1,617 595 2,212
B. AMOUNT OF EXPENDITURES
DETAIL SWEPCO PSO TOTAL
Direct Labor - April 1994 $ 30,727 $ 23,045 $ 53,772
- May 1994 33,772 18,679 52,451
- June 1994 37,824 11,767 49,591
- Total Period 102,323 53,491 155,814
Direct Material - April 1994 178,301 179,175 357,476
- May 1994 150,149 105,496 255,645
- June 1994 78,199 44,980 123,179
- Total Period 406,649 329,651 736,300
Other Direct Expenses - April 1994 (73,662) (92,046) (165,708)
- May 1994 (73,927) (92,131) (166,058)
- June 1994 50,631 (24,957) 25,674
- Total Period (96,958) (209,134) (306,092)
Indirect Expenses Shared
On Cost Ratio - April 1994 73,389 59,709 133,098
- May 1994 76,705 46,294 122,999
- June 1994 97,899 33,040 130,939
- Total Period 247,993 139,043 387,036
Total Expenditures - April 1994 208,755 169,883 378,638
- May 1994 186,699 78,338 265,037
- June 1994 264,553 64,830 329,383
- Total Period $ 660,007 $ 313,051 $ 973,058
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
April 1994 -
Direct Labor $ 30,727 $ 23,045 $ 53,772
Cost Ratio 57.14% 42.86% 100.00%
May 1994 -
Direct Labor $ 33,772 $ 18,679 $ 52,451
Cost Ratio 64.39% 35.61% 100.00%
June 1994 -
Direct Labor $ 37,824 $ 11,767 $ 49,591
Cost Ratio 76.27% 23.73% 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.
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 11th day of August, 1994.
SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ R. RUSSELL DAVIS
R. Russell Davis
Controller and
Chief Financial Officer
P. O. Box 21106
Shreveport, Louisiana 71156-0001
Telephone (318) 222-2141
INDEX TO EXHIBITS
Exhibit Transmission
Number Exhibit Method
1 Exhibit 1 Electronic
2 Exhibit 2 Electronic
3 Exhibit 3 Electronic
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
APRIL 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 608 PSO 280
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $178,300.95
018-186.4 Stores Salvage - SWEPCO ($129,879.78)
101-186.4 Direct Labor to SWEPCO Coal Cars $24,794.49
104-186.4 Direct Labor to Rework SWEPCO Material $5,932.75
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 $3,519.06
230-186.4 Payroll Taxes (FICA & UC) - Direct
Labor - SWEPCO $4,567.32
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 $19,525.34
272-186.4 Switching Fees - SWEPCO $7,223.09
277-186.4 Repainting Coal Cars - SWEPCO $138.58
Total 100% SWEPCO Costs $135,366.80
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $179,175.14
015-186.4 Inventory Carrying Charges - PSO $2,705.83
019-186.4 Stores Salvage - PSO ($98,450.83)
102-186.4 Direct Labor to PSO Coal Cars $17,155.79
103-186.4 Direct Labor to Rework PSO Material $5,889.19
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $2,638.74
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $818.02
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 $138.59
Total 100% PSO Costs $110,173.47
Exhibit 1
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $8,451.10
011-186.4 Small Tools $0.00
012-186.4 Facility Maintenance - Material $689.86
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and
Maintenance $1,131.58
017-186.4 Equipment Operation and Maintenance $2,130.29
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,159.66
111-186.4 Clerical $4,039.59
112-186.4 Training and Safety $1,258.48
113-186.4 General Shop Labor $11,682.28
114-186.4 Facility Maintenance - Labor $8,237.81
116-186.4 Switch Engine Operation and
Maintenance $9,480.28
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,645.65
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $5,775.93
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $1,363.63
212-186.4 Employee Fringe Benefits $5,773.47
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $230.50
225-186.4 Maintenance of Facilities
(Contracted) $1,202.50
226-186.4 Office Supplies and Expenses $456.55
232-186.4 Payroll Taxes (FICA & UC) - Other $3,553.81
233-186.4 Special Services $0.00
234-186.4 Utilities-Heat, Light, Power and
Water $14,254.28
235-186.4 Utilities - Telephone $569.48
236-186.4 Vehicle Expense $524.48
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 57.14 % PSO 42.86 % $128,436.61 $73,388.68 $55,047.93
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $4,661.57
TOTAL COSTS FOR MONTH $208,755.48 $169,882.97
March Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $208,755.48 $169,882.97
Exhibit 1
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $30,727.24 57.14 % SWEPCO
102, 103 Direct Labor PSO $23,044.98 42.86 % PSO
Total Direct Labor $53,772.22 100.00 %
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
MAY 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 459 PSO 209
B. AMOUNT OF EXPENDITURES:
SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $150,148.67
018-186.4 Stores Salvage - SWEPCO ($117,207.64)
101-186.4 Direct Labor to SWEPCO Coal Cars $27,731.91
104-186.4 Direct Labor to Rework SWEPCO Material $6,039.61
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 $3,949.75
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor -
SWEPCO $3,135.99
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 $10,523.60
272-186.4 Switching Fees - SWEPCO $4,137.86
277-186.4 Repainting Coal Cars - SWEPCO $289.84
Total 100% SWEPCO Costs $109,994.59
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $105,496.27
015-186.4 Inventory Carrying Charges - PSO $3,017.24
019-186.4 Stores Salvage - PSO ($102,092.63)
102-186.4 Direct Labor to PSO Coal Cars $14,168.33
103-186.4 Direct Labor to Rework PSO Material $4,511.16
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $2,184.62
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $4,656.76
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 $32,044.75
Exhibit 2
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor):
SHARED SWEPCO PSO
010-186.4 Shop Material $8,768.55
011-186.4 Small Tools $0.00
012-186.4 Facility Maintenance - Material $2,478.95
013-186.4 Sale of Scrap (Cr.) ($7 860.00)
016-186.4 Switch Engine Operation and
Maintenance $140.81
017-186.4 Equipment Operation and Maintenance $558.79
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,327.04
111-186.4 Clerical $4,499.26
112-186.4 Training and Safety $5,301.51
113-186.4 General Shop Labor $8,695.65
114-186.4 Facility Maintenance - Labor $5,704.14
116-186.4 Switch Engine Operation and
Maintenance $11,371.35
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 $4,072.47
210-186.4 Employee Activities $168.00
211-186.4 Employee Expenses $4,931.76
212-186.4 Employee Fringe Benefits $5,952.57
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $231.24
225-186.4 Maintenance of Facilities
(Contracted) $1,202.50
226-186.4 Office Supplies and Expenses $690.73
232-186.4 Payroll Taxes (FICA & UC) - Other $4,768.12
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and
Water $8,804.59
235-186.4 Utilities - Telephone $596.34
236-186.4 Vehicle Expense $0.00
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $0.00
262-186.4 Lease - Basic - All Except Coal
Car $32,962.01
264-186.4 Lease - Supplemental Expenses -
Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 64.39 % PSO 35.61 % $119,125.44 $76,704.87 $42,420.57
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,873.04
TOTAL COSTS FOR MONTH $186,699.46 $78,338.36
January Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $186,699.46 $78,338.36
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $33,771.52 64.39 % SWEPCO
102, 103 Direct Labor PSO $18,679.49 35.61 % PSO
Total Direct Labor $52,451.01 100.00 %
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
JUNE 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 550 PSO 106
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $78,198.71
018-186.4 Stores Salvage - SWEPCO ($3,395.73)
101-186.4 Direct Labor to SWEPCO Coal Cars $31,639.28
104-186.4 Direct Labor to Rework SWEPCO Material $6,184.45
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 $4,458.25
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor -
SWEPCO $3,366.00
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 $19,244.09
272-186.4 Switching Fees - SWEPCO $289.84
277-186.4 Repainting Coal Cars - SWEPCO $5,424.30
Total 100% SWEPCO Costs $166,654.19
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $44,980.20
015-186.4 Inventory Carrying Charges - PSO $3,406.07
019-186.4 Stores Salvage - PSO ($31,127.23)
102-186.4 Direct Labor to PSO Coal Cars $7,159.29
103-186.4 Direct Labor to Rework PSO Material $4,607.59
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,386.81
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,274.25
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 $ 31,789.98
Exhibit 3
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $9,607.02
011-186.4 Small Tools $313.12
012-186.4 Facility Maintenance - Material $826.73
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and
Maintenance $2,167.48
017-186.4 Equipment Operation and Maintenance $1,102.11
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,298.80
111-186.4 Clerical $3,012.89
112-186.4 Training and Safety $467.16
113-186.4 General Shop Labor $12,186.55
114-186.4 Facility Maintenance - Labor $11,624.62
116-186.4 Switch Engine Operation and
Maintenance $9,510.82
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 $4,710.08
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $1,712.63
212-186.4 Employee Fringe Benefits $6,905.38
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $231.22
225-186.4 Maintenance of Facilities
(Contracted) $2,417.50
226-186.4 Office Supplies and Expenses $611.18
232-186.4 Payroll Taxes (FICA & UC) - Other $4,731.31
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and
Water $7,601.62
235-186.4 Utilities - Telephone $598.82
236-186.4 Vehicle Expense $0.00
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 76.27 % PSO 23.73 % $128,358.11 $97,898.73 $30,459.38
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $2,580.94
TOTAL COSTS FOR MONTH $264,552.92 $64,830.30
February Adjustments {See Attached Schedule} $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $264,552.92 $64,830.30
Exhibit 3
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $37,823.73 76.27 % SWEPCO
102, 103 Direct Labor PSO $11,766.88 23.73 % PSO
Total Direct Labor $49,590.61 100.00 %
