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 October 1, 1993 TO
December 31, 1993
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
October 1, 1993 through December 31, 1993.
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
October 1993 361 346 707
November 1993 624 114 738
December 1993 608 186 794
Total Period 1 593 646 2 239
B. AMOUNT OF EXPENDITURES
DETAIL SWEPCO PSO TOTAL
Direct Labor - October 1993 $ 28,396 $ 24,224 $ 52,620
- November 1993 34,607 15,823 50,430
- December 1993 35,022 15,146 50,168
- Total Period 98,025 55,193 153,218
Direct Material - October 1993 256,331 153,132 409,463
- November 1993 155,348 111,372 266,720
- December 1993 144,809 51,453 196,262
- Total Period 556,488 315,957 872,445
Other Direct Expenses - October 1993 (46,636) (73,844) (120,480)
- November 1993 (12,441) (63,945) (76,386)
- December 1993 62,083 (5,883) 56,200
- Total Period 3,006 (143,672) (140,666)
Indirect Expenses Shared
On Cost Ratio - October 1993 69,864 64,617 134,481
- November 1993 97,488 47,994 145,482
- December 1993 104,126 48,314 152,440
- Total Period 271,478 160,925 432,403
Total Expenditures - October 1993 307,955 168,129 476,084
- November 1993 275,002 111,244 386,246
- December 1993 346,040 109,030 455,070
- Total Period $ 928,997 $ 388,403 $1,317,400
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
October 1993 -
Direct Labor $ 28,396 $ 24,224 $ 52,620
Cost Ratio 53.96% 46.04% 100.00%
November 1993 -
Direct Labor $ 34,607 $ 15,823 $ 50,430
Cost Ratio 68.62% 31.38% 100.00%
December 1993 -
Direct Labor $ 35,022 $ 15,146 $ 50,168
Cost Ratio 69.81% 30.19% 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 25th day of January, 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
EXHIBIT 1
SOUTHWESTERN ELECTRIC POWER COMPANY
P.O. BOX 21106, SHREVEPORT, LA 71156
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NIBRASKA PER SWEPCO-PSO AGREEMENT
OCTOBER 1993
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 361 PSO 346
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $256,331.43
018-186.4 Stores Salvage - SWEPCO ($93,732.39)
101-186.4 Direct Labor to SWEPCO Coal Cars $21,998.74
104-186.4 Direct Labor to Rework SWEPCO Material $6,397.62
202-186.4 Ad Valorem Taxes-SWEPCO Coal Cars $5,392.00
204-186.4 Ad Valorem Taxes-Facility - Direct - SWEPCO $207.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $3,712.18
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $3,481.19
238-186.4 Depreciation Expense - SWEPCO $9,100.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $25,202.37
272-186.4 Switching Fees - SWEPCO $0.00
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $238,090.14
COST'S ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $153,131.71
015-186.4 Inventory Carrying Charges - PSO $2,170.68
019-186.4 Stores Salvage - PSO ($79,658.35)
102-186.4 Direct Labor to PSO Coal Cars $17,744.59
103-186.4 Direct Labor to Rework PSO Material $6,479.69
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $122.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,442.55
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $2,078.38
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 $103,511.25
<PAGE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $2,829.21
011-186.4 Small Tools $87.79
012-186.4 Facility Maintenance - Material $1,030.26
013-186.4 Sale of Scrap (Cr.) $12.85
016-186.4 Switch Engine Operation & Maintenance $1,439.00
017-186.4 Equipment Operation and Maintenance $1,325.39
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,821.56
111-186.4 Clerical $4,682.46
112-186.4 Training and Safety $2,627.38
113-186.4 General Shop Labor $11,521.62
114-186.4 Facility Maintenance - Labor $14,561.97
116-186.4 Switch Engine Operation & Maintenance $8,019.58
201-186.4 Ad Valorem Taxes - Facility $3,880.00
203-186.4 Taxes - Other $1,974.84
206-186.4 Data Processing Charges $0.00
207-186.4 General Office Overhead $4,788.48
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $3,148.12
212-186.4 Employee Fringe Benefits $6,841.53
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $161.00
225-186.4 Maintenance of Facilities (Contracted) $1,337.50
226-186.4 Office Supplies and Expenses $523.84
232-186.4 Payroll Taxes (FICA & UC) - Other $6,096.78
233-186.4 Special Services $3,660.00
234-186.4 Utilities-Heat, Light, Power and Water $5,085.73
235-186.4 Utilities - Telephone $431.10
236-186.4 Vehicle Expense $0.00
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $50.00
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 53.96% PSO 46.04% $128,899.99 $69,554.43 $59,345.56
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $5,007.43
TOTAL COSTS FOR MONTH $307,644.57 $167,864.24
September Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $307,644.57 $167,864.24
<PAGE>
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $28,396.36 53.96% SWEPCO
102, 103 Direct Labor PSO $24,224.28 46.04% PSO
Total Direct Labor $52,620.64 100.00%
<PAGE>
EXHIBIT 2
SOUTHWESTERN ELECTRIC POWER COMPANY
P.O. BOX 21106, SHREVEPORT, LA 71156
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
NOVEMBER 1993
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 624 PSO 114
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $155,357.86
018-186.4 Stores Salvage - SWEPCO ($84,578.76)
101-186.4 Direct Labor to SWEPCO Coal Cars $27,777.16
104-186.4 Direct Labor to Rework SWEPCO Material $6,830.17
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $38,392.00
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $207.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $3,713.92
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $2,903.19
238-186.4 Depreciation Expense - SWEPCO $9,100.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $17,495.55
272-186.4 Switching Fees - SWEPCO $316.00
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $177,514.09
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $111,371.88
015-186.4 Inventory Carrying Charges - PSO $2,340.33
019-186.4 Stores Salvage - PSO ($69,883.89)
102-186.4 Direct Labor to PSO Coal Cars $11,383.56
103-186.4 Direct Labor to Rework PSO Material $4,439.68
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $122.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,698.41
231-186.4 Payroll Taxes (FICA & *UC) - Direct Labor - PSO $1,778.02
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 $0.00
Total 100% PSO Costs $63,249.99
<PAGE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $7,249.72
011-186.4 Small Tools $501.70
012-186.4 Facility Maintenance - Material $1,311.50
013-186.4 Sale of Scrap (Cr.) ($97.00)
016-186.4 Switch Engine Operation & Maintenance $0.00
017-186.4 Equipment Operation and Maintenance $5,581.14
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,889.41
111-186.4 Clerical $4,962.08
112-186.4 Training and Safety $4,064.66
113-186.4 General Shop Labor $13,467.26
114-186.4 Facility Maintenance - Labor $12,330.53
116-186.4 Switch Engine Operation & Maintenance $10,540.11
201-186.4 Ad Valorem Taxes - Facility $3,880.00
203-186.4 Taxes - Other $1,974.84
206-186.4 Data Processing Charges $574.40
207-186.4 G*eneral Office Overhead $4,620.14
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $4,788.30
212-186.4 Employee Fringe Benefits $6,847.31
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $161.00
225-186.4 Maintenance of Facilities (Contracted) $1,337.50
226-186.4 Office Supplies and Expenses $790.77
232-186.4 Payroll Taxes (FICA & UC) - Other $5,603.77
233-186.4 Special Services $261.60
234-186.4 Utilities-Heat, Light, Power and Water $7,274.26
235-186.4 Utilities - Telephone $597.47
236-186.4 Vehicle Expense $469.35
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $125.00
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 68.62% PSO 31.38% $142,068.83 $97,487.63 $44,581.20
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,412.97
TOTAL COSTS FOR MONTH $275,001.72 $111,244.16
October Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $275,001.72 $111,244.16
<PAGE>
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $34,607.33 69.62% SWEPCO
102, 103 Direct Labor PSO $15,823.24 31.38% PSO
Total Direct Labor $50,430.57 100.00%
<PAGE>
EXHIBIT 3
SOUTHWESTERN ELECTRIC POWER COMPANY
P.O. BOX 21106, SHREVEPORT, LA 71156
TELEPHONE NUNMER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
DECEMBER 1993
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 608 PSO 186
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
001-186.4 Direct Material to SWEPCO Coal Cars $144,809.33
018-186.4 Stores Salvage - SWEPCO ($1,221.17)
101-186.4 Direct Labor to SWEPCO Coal Cars $28,330.15
104-186.4 Direct Labor to Rework SWEPCO Material $6,691.85
202-186.4 Ad Valorem Taxes - SWEPCO Coal Cars $23,770.84
204-186.4 Ad Valorem Taxes - Facility - Direct - SWEPCO $207.00
213-186.4 Employee Fringe Benefits - Direct Labor - SWEPCO $3,759.62
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $3,573.93
238-186.4 Depreciation Expense - SWEPCO $9,100.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $18,347.49
272-186.4 Switching Fees - SWEPCO $4,544.06
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $241,913.10
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $51,452.79
015-186.4 Inventory Carrying Charges - PSO $2,658.53
019-186.4 Stores Salvage - PSO ($10,888.37)
102-186.4 Direct Labor to PSO Coal Cars $10,544.67
103-186.4 Direct Labor to Rework PSO Material $4,601.26
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $122.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,625.72
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $599.31
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 $60,715.91
<PAGE>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $7,882.35
011-186.4 Small Tools $159.86
012-186-4 Facility Maintenance - Material $1,917.62
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation & Maintenance $1,781.75
017-186.4 Equipment Operation and Maintenance $2,244.20
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $9,945.14
111-186.4 Clerical $4,646.42
112-186.4 Training and Safety $3,334.13
113-186.4 General Shop Labor $19,641.85
114-186.4 Facility Maintenance - Labor $7,416.06
116-186.4 Switch Engine Operation&Maintenance $11,068.77
201-186.4 Ad Valorem Taxes - Facility $3,880.00
203-186.4 Taxes - Other $1,965.84
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $4,056.79
210-186.4 Employee Activities $0.00
211-186.4 Employee Expenses $5,237.25
212-186.4 Employee Fringe Benefits $6,854.48
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $161.00
225-186.4 Maintenance of Facilities(Contracted) $1,337.50
226-186.4 Office Supplies and Expenses $982.54
232-186.4 Payroll Taxes (FICA & UC) - Other $6,087.46
233-186.4 Special Services $0.00
234-186.4 Utilities-Heat, Light, Power & Water $13,501.62
235-186.4 Utilities - Telephone $690.60
236-186.4 Vehicle Expense $469.35
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $358.00
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 69.81% PSO 30.19% $149,156.99 $104,126.49 $45,030.50
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,283.54
TOTAL COSTS FOR MONTH $346,039.59 $109,029.95
November Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $346,039.59 $109,029.95
<PAGE>
C. COMPUTATTON 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%
