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 January 1, 1994 TO
March 31, 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
January 1, 1994 through March 31, 1994.
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
January 1994 362 302 664
February 1994 610 132 742
March 1994 556 239 795
Total Period 1 528 673 2 201
B. AMOUNT OF EXPENDITURES
DETAIL SWEPCO PSO TOTAL
Direct Labor - January 1994 $ 29,875 $ 18,050 $ 47,925
- February 1994 49,586 14,030 63,616
- March 1994 43,377 22,791 66,168
- Total Period 122,838 54,871 177,709
Direct Material - January 1994 229,778 206,538 436,316
- February 1994 51,146 51,146 102,292
- March 1994 420,812 174,520 595,332
- Total Period 701,736 432,204 1,133,940
Other Direct Expenses - January 1994 (161,669) (110,980) (272,649)
- February 1994 (47,086) (46,622) (93,708)
- March 1994 (65,955) (46,309) (112,264)
- Total Period (274,710) (203,911) (478,621)
Indirect Expenses Shared
On Cost Ratio - January 1994 128,454 76,024 204,478
- February 1994 107,274 32,743 140,017
- March 1994 84,066 47,851 131,917
- Total Period 319,794 156,618 476,412
Total Expenditures - January 1994 226,438 189,632 416,070
- February 1994 160,920 51,297 212,217
- March 1994 482,300 198,853 681,153
- Total Period $ 869,658 $ 439,782 $1,309,440
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
January 1994 -
Direct Labor $ 29,875 $ 18,050 $ 47,925
Cost Ratio 62.34% 37.66% 100.00%
February 1994 -
Direct Labor $ 49,586 $ 14,030 $ 63,616
Cost Ratio 77.95% 22.05% 100.00%
March 1994 -
Direct Labor $ 43,377 $ 22,791 $ 66,168
Cost Ratio 65.56% 34.44% 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 10th day of May, 1994.
SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ Rox. E. Colvin
Rox E. Colvin
Controller
P. O. Box 21106
Shreveport, Louisiana 71156-0001
Telephone (318) 222-2141
<PAGE>
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 5
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
<TABLE>
JANUARY 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 362 PSO 302
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<C> <S> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $229,778.19
018-186.4 Stores Salvage - SWEPCO ($208,054.34)
101-186.4 Direct Labor to SWEPCO Coal Cars $25,553.97
104-186.4 Direct Labor to Rework SWEPCO Material $4,320.65
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 $3,224.72
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $0.00
238-186.4 Depreciation Expense - SWEPCO $9,105.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $16,358.96
272-186.4 Switching Fees - SWEPCO $3,647.16
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $94,593.31
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $206,537.74
015-186.4 Inventory Carrying Charges - PSO $2,735.34
019-186.4 Stores Salvage - PSO ($117,270.72)
102-186.4 Direct Labor to PSO Coal Cars $14,031.53
103-186.4 Direct Labor to Rework PSO Material $4,018.59
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,948.29
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $0.00
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 $112,103.77
</TABLE>
Exhibit 1
Page 2 of 5
<TABLE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
010-186.4 Shop Material $4,682.13
011-186.4 Small Tools $504.13
012-186.4 Facility Maintenance - Material $12,661.60
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $1,874.42
017-186.4 Equipment Operation and Maintenance $1,373.42
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,821.56
111-186.4 Clerical $4,136.77
112-186.4 Training and Safety $3,808.99
113-186.4 General Shop Labor $25,415.65
114-186.4 Facility Maintenance - Labor $6,888.11
116-186.4 Switch Engine Operation and
Maintenance $7,994.93
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,979.00
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $3,161.21
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $1,263.10
212-186.4 Employee Fringe Benefits $9,169.19
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $244.00
225-186.4 Maintenance of Facilities (Contracted) $1,337.50
226-186.4 Office Supplies and Expenses $3,177.73
232-186.4 Payroll Taxes (FICA & UC) - Other $0.00
233-186.4 Special Services $261.60
234-186.4 Utilities - Heat, Light, Power and
Water $15,466.25
235-186.4 Utilities - Telephone $677.15
236-186.4 Vehicle Expense $309.95
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $40.00
262-186.4 Lease - Basic - All Except Coal Cars $32,932.01
264-186.4 Lease - Supplemental Expenses-Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 62.34 % PSO 37.66 % $153,043.80 $95,407.50 $57,636.30
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $4,096.00
TOTAL COSTS FOR MONTH $190,000.81 $173,836.07
December Adjustments (See Attached Schedule) $36,437.32 $15,796.08
TOTAL COSTS AND ADJUSTMENTS $226,438.13 $189,632.15
</TABLE>
Exhibit 1
Page 3 of 5
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $29,874.62 62.34 % SWEPCO
102, 103 Direct Labor PSO $18,050.12 37.66 % PSO
Total Direct Labor $47,924.74 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 1
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 4 of 5
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
DECEMBER 1993 ADJUSTMENTS
<TABLE>
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 608 PSO 186
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<C> <C> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $0.00
018-186.4 Stores Salvage - SWEPCO $0.00
101-186.4 Direct Labor to SWEPCO Coal Cars $0.00
104-186.4 Direct Labor to Rework SWEPCO Material $0.00
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars ($229.45)
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $0.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $0.00
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $3,616.43
238-186.4 Depreciation Expense - SWEPCO $3.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $0.00
272-186.4 Switching Fees - SWEPCO $0.00
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $3,389.98
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $0.00
015-186.4 Inventory Carrying Charges - PSO $0.00
019-186.4 Stores Salvage - PSO $0.00
102-186.4 Direct Labor to PSO Coal Cars $0.00
103-186.4 Direct Labor to Rework PSO Material $0.00
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $0.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $0.00
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,504.44
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 $1,504.44
</TABLE>
Exhibit 1
COSTS TO BE SHARED (Ratio of Direct Labor): Page 5 of 5
<TABLE>
SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
010-186.4 Shop Material $0.00
011-186.4 Small Tools $0.00
012-186.4 Facility Maintenance - Material $0.00
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and
Maintenance $41,280.00
017-186.4 Equipment Operation and Maintenance $0.00
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $0.00
111-186.4 Clerical $0.00
112-186.4 Training and Safety $0.00
113-186.4 General Shop Labor $0.00
114-186.4 Facility Maintenance - Labor $0.00
116-186.4 Switch Engine Operation and Maintenance $36.69
201-186.4 Ad Valorem Taxes - Facility $0.00
203-186.4 Taxes - Other $0.00
206-186.4 Data Processing Charges $0.00
207-186.4 General Office Overhead ($141.08)
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $334.23
212-186.4 Employee Fringe Benefits $0.00
215-186.4 Employee Sick Benefits $150.67
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $0.00
225-186.4 Maintenance of Facilities (Contracted) $0.00
226-186.4 Office Supplies and Expenses ($343.70)
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 $5,697.72
235-186.4 Utilities - Telephone $0.00
236-186.4 Vehicle Expense $0.00
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $324.45
262-186.4 Lease - Basic - All Except Coal Cars $0.00
264-186.4 Lease - Supplemental Expenses - Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 69.81 % PSO 30.19 % $47,338.98 $33,047.34 $14,291.64
TOTAL COSTS FOR MONTH $36,437.32 $15,796.08
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $35,022.00 69.81 % SWEPCO
102, 103 Direct Labor PSO $15,145.93 30.19 % PSO
Total Direct Labor $50,167.93 100.00 %
</TABLE>
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
FEBRUARY 1994
<TABLE>
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 610 PSO 132
B. AMOUNT OF EXPENDITURES:
SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $51,145.73
018-186.4 Stores Salvage - SWEPCO ($96,192.68)
101-186.4 Direct Labor to SWEPCO Coal Cars $43,550.28
104-186.4 Direct Labor to Rework SWEPCO Material $6,035.64
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 $5,337.48
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $3,673.14
238-186.4 Depreciation Expense - SWEPCO $9,105.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $17,626.14
272-186.4 Switching Fees - SWEPCO $2,705.99
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $53,645.72
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $51,145.73
015-186.4 Inventory Carrying Charges - PSO $3,021.75
019-186.4 Stores Salvage - PSO ($51,126.88)
102-186.4 Direct Labor to PSO Coal Cars $9,046.95
103-186.4 Direct Labor to Rework PSO Material $4,983.27
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,510.55
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO ($130.19)
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 $18,554.18
</TABLE>
Exhibit 2
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor):
<TABLE>
SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
010-186.4 Shop Material $8,338.18
011-186.4 Small Tools $1,653.98
012-186.4 Facility Maintenance - Material $580.55
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $1,391.12
017-186.4 Equipment Operation and Maintenance $3,428.27
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,806.82
111-186.4 Clerical $4,990.28
112-186.4 Training and Safety $1,831.64
113-186.4 General Shop Labor $7,503.15
114-186.4 Facility Maintenance - Labor $7,823.84
116-186.4 Switch Engine Operation and Maintenance $9,412.60
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $2,079.00
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $4,305.12
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $4,312.99
212-186.4 Employee Fringe Benefits $6,680.38
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $244.00
225-186.4 Maintenance of Facilities (Contracted) $1,367.93
226-186.4 Office Supplies and Expenses $617.94
232-186.4 Payroll Taxes (FICA & UC) - Other $5,887.51
233-186.4 Special Services $68.40
234-186.4 Utilities - Heat, Light, Power and
Water $17,464.73
235-186.4 Utilities - Telephone $694.44
236-186.4 Vehicle Expense $310.50
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 77.95 % PSO 22.05 % $137,618.77 $107,273.83 $30,344.94
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $2,398.22
TOTAL COSTS FOR MONTH $160,919.55 $51,297.34
January Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $160,919.55 $51,297.34
</TABLE>
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $49,585.92 77.95 % SWEPCO
102, 103 Direct Labor PSO $14,030.22 22.05 % PSO
Total Direct Labor $63,616.14 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 3
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 1 of 5
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
<TABLE>
MARCH 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 556 PSO 239
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<C> <C> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $225,677.20
018-186.4 Stores Salvage - SWEPCO ($109,348.27)
101-186.4 Direct Labor to SWEPCO Coal Cars $33,201.56
104-186.4 Direct Labor to Rework SWEPCO Material $10,175.23
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 $5,059.97
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $5,216.22
238-186.4 Depreciation Expense - SWEPCO $9,845.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $13,427.84
272-186.4 Switching Fees - SWEPCO $0.00
277-186.4 Repainting Coal Cars - SWEPCO $185.21
Total 100% SWEPCO Costs $204,098.96
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $174,519.99
015-186.4 Inventory Carrying Charges - PSO $2,841.72
019-186.4 Stores Salvage - PSO ($55,962.53)
102-186.4 Direct Labor to PSO Coal Cars $17,740.90
103-186.4 Direct Labor to Rework PSO Material $5,049.73
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $2,658.90
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $2,967.09
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 $1,084.79
Total 100% PSO Costs $151,003.59
</TABLE>
Exhibit 3
Page 2 of 5
<TABLE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
010-186.4 Shop Material $7,634.52
011-186.4 Small Tools $607.35
012-186.4 Facility Maintenance - Material $1,588.86
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $2,199.56
017-186.4 Equipment Operation and Maintenance $4,504.53
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $8,987.47
111-186.4 Clerical $4,167.41
112-186.4 Training and Safety $2,243.12
113-186.4 General Shop Labor $7,022.33
114-186.4 Facility Maintenance - Labor $3,421.10
116-186.4 Switch Engine Operation and Maintenance $5,226.09
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,979.00
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $4,453.63
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $6,240.61
212-186.4 Employee Fringe Benefits $4,936.92
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 $757.83
232-186.4 Payroll Taxes (FICA & UC) - Other $4,509.55
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and
Water $18,053.28
235-186.4 Utilities - Telephone $483.77
236-186.4 Vehicle Expense $431.25
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $162.23
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 65.56 % PSO 34.44 % $127,868.81 $83,830.79 $44,038.02
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,745.78
TOTAL COSTS FOR MONTH $287,929.75 $198,787.39
February Adjustments {See Attached Schedule} $194,370.54 $65.54
TOTAL COSTS AND ADJUSTMENTS $482,300.29 $198,852.93
</TABLE>
Exhibit 3
Page 3 of 5
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $43,376.79 65.56 % SWEPCO
102, 103 Direct Labor PSO $22,790.63 34.44 % PSO
Total Direct Labor $66,167.42 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 3
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 4 of 5
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
FEBRUARY 1994 ADJUSTMENTS
<TABLE>
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 610 PSO 132
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<C> <C> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $194,135.33
018-186.4 Stores Salvage - SWEPCO $0.00
101-186.4 Direct Labor to SWEPCO Coal Cars $0.00
104-186.4 Direct Labor to Rework SWEPCO Material $0.00
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $0.00
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $0.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $0.00
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $0.00
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 $0.00
272-186.4 Switching Fees - SWEPCO $0.00
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $194,135.33
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $0.00
015-186.4 Inventory Carrying Charges - PSO $0.00
019-186.4 Stores Salvage - PSO $0.00
102-186.4 Direct Labor to PSO Coal Cars $0.00
103-186.4 Direct Labor to Rework PSO Material $0.00
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $0.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO ($1.00)
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $0.00
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 ($1.00)
</TABLE>
Exhibit 3
Page 5 of 5
<TABLE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<C> <C> <C> <C> <C>
010-186.4 Shop Material $0.00
011-186.4 Small Tools $0.00
012-186.4 Facility Maintenance - Material $113.49
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $0.00
017-186.4 Equipment Operation and Maintenance $0.00
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $0.00
111-186.4 Clerical $0.00
112-186.4 Training and Safety $0.00
113-186.4 General Shop Labor $0.00
114-186.4 Facility Maintenance - Labor $0.00
116-186.4 Switch Engine Operation and Maintenance $0.00
201-186.4 Ad Valorem Taxes - Facility $0.00
203-186.4 Taxes - Other $0.00
206-186.4 Data Processing Charges $0.00
207-186.4 General Office Overhead $0.00
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $188.26
212-186.4 Employee Fringe Benefits $0.00
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $0.00
225-186.4 Maintenance of Facilities (Contracted) $0.00
226-186.4 Office Supplies and Expenses $0.00
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 $0.00
235-186.4 Utilities - Telephone $0.00
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 $0.00
264-186.4 Lease - Supplemental Expenses - Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 77.95 % PSO 22.05 % $301.75 $235.21 $66.54
TOTAL COSTS FOR MONTH $194,370.54 $65.54
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $49,585.92 77.95 % SWEPCO
102, 103 Direct Labor PSO $14,030.22 22.05 % PSO
Total Direct Labor $63,616.14 100.00 %
</TABLE>
