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, 1995 TO
JUNE 30, 1995
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 the 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, 1995 through June 30, 1995.
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
April 1995 453 106 559
May 1995 362 247 609
June 1995 232 173 405
Total Period 1,047 526 1,573
B. AMOUNT OF EXPENDITURES DETAIL
SWEPCO PSO TOTAL
Direct Labor - April 1995 $ 50,741 $ 14,968 $ 65,709
- May 1995 43,989 17,765 61,754
- June 1995 30,743 20,376 51,119
- Total Period 125,473 53,109 178,582
Direct Material - April 1995 187,440 55,088 242,528
- May 1995 332,541 115,814 448,355
- June 1995 122,170 111,984 234,154
- Total Period 642,151 282,886 925,037
Other Direct Expenses - April 1995 63,457 (7,934) 55,523
- May 1995 (42,384) (11,490) (53,874)
- June 1995 (19,274) (32,441) (51,715)
- Total Period 1,799 (51,865) (50,066)
Indirect Expenses Shared
On Cost Ratio - April 1995 113,381 35,926 149,307
- May 1995 134,833 57,588 192,421
- June 1995 79,317 56,905 136,222
- Total Period 327,531 150,419 477,950
Total Expenditures - April 1995 415,019 98,048 513,067
- May 1995 468,979 179,677 648,656
- June 1995 212,956 156,824 369,780
- Total Period $1,096,954 $ 434,549 $1,531,503
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
April 1995 -
Direct Labor $ 50,741 $ 14,968 $ 65,709
Cost Ratio 77.22% 22.78% 100.00%
May 1995 -
Direct Labor $ 43,989 $ 17,765 $ 61,754
Cost Ratio 71.23% 28.77% 100.00%
June 1995 -
Direct Labor $ 30,743 $ 20,376 $ 51,119
Cost Ratio 60.14% 39.86% 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, 1995.
SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ R. Russell Davis
R. Russell Davis
Controller and
Chief Accounting Officer
INDEX TO EXHIBITS
Exhibit Transmission
Number Exhibit Method
1 April 1995 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
2 May 1995 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
3 June 1995 statement furnished by SWEPCO Electronic
to PSO detailing PSO's rail car charges
<TABLE>
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 1995
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 453 PSO 106
<S> <C> <C> <C>
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
1860.4001 Direct Material to SWEPCO Coal Cars $187,440.15
1860.4018 Stores Salvage - SWEPCO $15,746.26
1860.4101 Direct Labor to SWEPCO Coal Cars $41,407.54
1860.4104 Direct Labor to Rework SWEPCO Material $9,333.42
1860.4202 Ad Valorem Taxes - SWEPCO Coal Cars $8,197.00
1860.4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
1860.4213 Employee Fringe Benefits - Direct Labor - SWEPCO $4,443.24
1860.4230 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $0.00
1860.4238 Depreciation Expense - SWEPCO $10,604.00
1860.4263 Lease - Supplemental Expenses - SWEPCO $0.00
1860.4270 Outside Maintenance of SWEPCO Coal Cars $20,995.67
1860.4272 Switching Fees - SWEPCO $3,295.96
1860.4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $301,638.24
COSTS ASSIGNED 100% TO PSO:
1860.4002 Direct Material to PSO Coal Cars $55,087.94
1860.4015 Inventory Carrying Charges - PSO $2,759.82
1860.4019 Stores Salvage - PSO ($22,727.30)
1860.4102 Direct Labor to PSO Coal Cars $11,847.68
1860.4103 Direct Labor to Rework PSO Material $3,120.07
1860.4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
1860.4214 Employee Fringe Benefits - Direct Labor - PSO $1,310.70
1860.4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $0.00
1860.4239 Depreciation Expense - PSO $0.00
1860.4271 Outside Maintenance of PSO Coal Cars $6,962.33
1860.4273 Switching Fees - PSO $3,657.59
1860.4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $62,121.83
</TABLE>
<TABLE>
Exhibit 1
Page 2 of 3
<S> <C> <C> <C>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
1860.4010 Shop Material $11,459.66
1860.4011 Small Tools $1,490.40
1860.4012 Facility Maintenance - Material $885.91
1860.4013 Sale of Scrap (Cr.) $0.00
1860.4016 Switch Engine Operation and Maintenance $1,361.29
1860.4017 Equipment Operation and Maintenance $538.74
1860.4020 Stores Salvage - Joint $0.00
1860.4110 Supervision $12,603.78
1860.4111 Clerical $4,258.86
1860.4112 Training and Safety $4,522.30
1860.4113 General Shop Labor $18,661.14
1860.4114 Facility Maintenance - Labor $13,661.46
1860.4116 Switch Engine Operation and Maintenance $13,113.17
1860.4201 Ad Valorem Taxes - Facility $3,289.00
1860.4203 Taxes - Other $1,234.00
1860.4206 Data Processing Charges $574.40
1860.4207 General Office Overhead $1,911.14
1860.4210 Employee Activities $0.00
1860.4211 Employee Expenses $381.43
1860.4212 Employee Fringe Benefits $6,315.67
1860.4215 Employee Sick Benefits $0.00
1860.4220 Injuries and Damages $0.00
1860.4221 Insurance - Liability and Property $288.31
1860.4225 Maintenance of Facilities (Contracted) $1,072.50
1860.4226 Office Supplies and Expenses $579.34
1860.4232 Payroll Taxes (FICA & UC) - Other $0.00
1860.4233 Special Services $0.00
1860.4234 Utilities-Heat, Light, Power and Water $14,355.63
1860.4235 Utilities - Telephone $599.81
1860.4236 Vehicle Expense $669.21
1860.4237 Depreciation Expense $0.00
1860.4250 Miscellaneous $40.00
1860.4262 Lease - Basic - All Except Coal Cars $32,962.00
1860.4264 Lease-Supplemental Expenses-Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 77.22% PSO 22.78% $146,829.15 $113,381.47 $33,447.68
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $2,477.61
TOTAL COSTS FOR THE MONTH $415,019.71 $98,047.12
</TABLE>
Exhibit 1
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $50,740.96 77.22 % SWEPCO
102, 103 Direct Labor PSO $14,967.75 22.78 % PSO
Total Direct Labor $65,708.71 100.00 %
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 1995
<TABLE>
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 362 PSO 247
<S> <C> <C> <C>
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
1860.4001 Direct Material to SWEPCO Coal Cars $332,541.08
1860.4018 Stores Salvage - SWEPCO ($94,914.21)
1860.4101 Direct Labor to SWEPCO Coal Cars $32,303.25
1860.4104 Direct Labor to Rework SWEPCO Material $11,686.24
1860.4202 Ad Valorem Taxes - SWEPCO Coal Cars $10,022.00
1860.4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
1860.4213 Employee Fringe Benefits - Direct Labor - SWEPCO $0.00
1860.4230 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $5,264.46
1860.4238 Depreciation Expense - SWEPCO $10,604.00
1860.4263 Lease - Supplemental Expenses - SWEPCO $0.00
1860.4270 Outside Maintenance of SWEPCO Coal Cars $19,243.41
1860.4272 Switching Fees - SWEPCO $7,221.02
1860.4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $334,146.25
COSTS ASSIGNED 100% TO PSO:
1860.4002 Direct Material to PSO Coal Cars $115,813.98
1860.4015 Inventory Carrying Charges - PSO $2,624.25
1860.4019 Stores Salvage - PSO ($25,068.21)
1860.4102 Direct Labor to PSO Coal Cars $14,539.05
1860.4103 Direct Labor to Rework PSO Material $3,225.51
1860.4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
1860.4214 Employee Fringe Benefits - Direct Labor - PSO $0.00
1860.4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,824.20
1860.4239 Depreciation Expense - PSO $0.00
1860.4271 Outside Maintenance of PSO Coal Cars $7,661.94
1860.4273 Switching Fees - PSO $1,365.36
1860.4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $122,089.08
</TABLE>
<TABLE>
Exhibit 2
Page 2 of 3
<S> <C> <C> <C>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
1860.4010 Shop Material $3,685.10
1860.4011 Small Tools $136.82
1860.4012 Facility Maintenance - Material $718.39
1860.4013 Sale of Scrap (Cr.) ($2,615.22)
1860.4016 Switch Engine Operation and Maintenance $42,660.15
1860.4017 Equipment Operation and Maintenance $5,381.36
1860.4020 Stores Salvage - Joint $0.00
1860.4110 Supervision $13,201.12
1860.4111 Clerical $4,135.57
1860.4112 Training and Safety $5,056.52
1860.4113 General Shop Labor $17,163.59
1860.4114 Facility Maintenance - Labor $12,224.14
1860.4116 Switch Engine Operation and Maintenance $13,953.57
1860.4201 Ad Valorem Taxes - Facility $3,289.00
1860.4203 Taxes - Other $1,234.00
1860.4206 Data Processing Charges $574.40
1860.4207 General Office Overhead $2,027.43
1860.4210 Employee Activities $0.00
1860.4211 Employee Expenses $433.00
1860.4212 Employee Fringe Benefits $783.18
1860.4215 Employee Sick Benefits $0.00
1860.4220 Injuries and Damages $0.00
1860.4221 Insurance - Liability and Property $288.31
1860.4225 Maintenance of Facilities (Contracted) $1,072.50
1860.4226 Office Supplies and Expenses $328.38
1860.4232 Payroll Taxes (FICA & UC) - Other $7,518.79
1860.4233 Special Services $0.00
1860.4234 Utilities-Heat, Light, Power and Water $22,257.72
1860.4235 Utilities - Telephone $460.31
1860.4236 Vehicle Expense $362.39
1860.4237 Depreciation Expense $0.00
1860.4250 Miscellaneous $0.00
1860.4262 Lease - Basic - All Except Coal Cars $32,962.01
1860.4264 Lease-Supplemental Expenses-Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 71.23% PSO 28.77% $189,292.53 $134,833.07 $54,459.46
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,129.10
TOTAL COSTS FOR THE MONTH $468,979.32 $179,677.64
</TABLE>
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $43,989.49 71.23 % SWEPCO
102, 103 Direct Labor PSO $17,764.56 28.77 % PSO
Total Direct Labor $61,754.05 100.00 %
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 1995
<TABLE>
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 232 PSO 173
<S> <C> <C> <C>
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
1860.4001 Direct Material to SWEPCO Coal Cars $122,169.83
1860.4018 Stores Salvage - SWEPCO ($56,235.58)
1860.4101 Direct Labor to SWEPCO Coal Cars $22,177.05
1860.4104 Direct Labor to Rework SWEPCO Material $8,566.42
1860.4202 Ad Valorem Taxes - SWEPCO Coal Cars $10,022.00
1860.4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
1860.4213 Employee Fringe Benefits - Direct Labor - SWEPCO $0.00
1860.4230 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $1,774.15
1860.4238 Depreciation Expense - SWEPCO $10,604.00
1860.4263 Lease - Supplemental Expenses - SWEPCO $0.00
1860.4270 Outside Maintenance of SWEPCO Coal Cars $14,386.38
1860.4272 Switching Fees - SWEPCO $0.00
1860.4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $133,639.25
COSTS ASSIGNED 100% TO PSO:
1860.4002 Direct Material to PSO Coal Cars $111,983.84
1860.4015 Inventory Carrying Charges - PSO $2,854.51
1860.4019 Stores Salvage - PSO ($44,007.10)
1860.4102 Direct Labor to PSO Coal Cars $13,861.91
1860.4103 Direct Labor to Rework PSO Material $6,514.02
1860.4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
1860.4214 Employee Fringe Benefits - Direct Labor - PSO $0.00
1860.4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,175.85
1860.4239 Depreciation Expense - PSO $0.00
1860.4271 Outside Maintenance of PSO Coal Cars $7,433.46
1860.4273 Switching Fees - PSO $0.00
1860.4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $99,919.49
</TABLE>
Exhibit 3
Page 2 of 3
<TABLE>
<S> <C> <C> <C>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
1860.4010 Shop Material $483.75
1860.4011 Small Tools $0.00
1860.4012 Facility Maintenance - Material $2,289.48
1860.4013 Sale of Scrap (Cr.) ($21.25)
1860.4016 Switch Engine Operation and Maintenance $6,225.57
1860.4017 Equipment Operation and Maintenance $756.48
1860.4020 Stores Salvage - Joint $0.00
1860.4110 Supervision $11,863.54
1860.4111 Clerical $3,788.02
1860.4112 Training and Safety $3,671.02
1860.4113 General Shop Labor $23,768.77
1860.4114 Facility Maintenance - Labor $18,036.67
1860.4116 Switch Engine Operation and Maintenance $12,587.14
1860.4201 Ad Valorem Taxes - Facility $3,289.00
1860.4203 Taxes - Other $1,234.00
1860.4206 Data Processing Charges $574.40
1860.4207 General Office Overhead $1,933.89
1860.4210 Employee Activities $0.00
1860.4211 Employee Expenses $0.00
1860.4212 Employee Fringe Benefits $0.00
1860.4215 Employee Sick Benefits $0.00
1860.4220 Injuries and Damages $0.00
1860.4221 Insurance - Liability and Property $288.31
1860.4225 Maintenance of Facilities (Contracted) $2,680.38
1860.4226 Office Supplies and Expenses $403.22
1860.4232 Payroll Taxes (FICA & UC) - Other $4,327.62
1860.4233 Special Services $0.00
1860.4234 Utilities-Heat, Light, Power and Water $7.50
1860.4235 Utilities - Telephone $434.39
1860.4236 Vehicle Expense $303.68
1860.4237 Depreciation Expense $0.00
1860.4250 Miscellaneous $0.00
1860.4262 Lease - Basic - All Except Coal Cars $32,962.01
1860.4264 Lease-Supplemental Expenses-Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 60.14% PSO 39.86% $131,887.59 $79,317.20 $52,570.39
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $4,335.28
TOTAL COSTS FOR THE MONTH $212,956.45 $156,825.16
</TABLE>
Exhibit 3
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $30,743.47 60.14 % SWEPCO
102, 103 Direct Labor PSO $20,375.93 39.86 % PSO
Total Direct Labor $51,119.40 100.00 %
