<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 OCTOBER 1, 1994 TO
DECEMBER 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
October 1, 1994 through December 31, 1994.
<PAGE> 2
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
October 1994 350 126 476
November 1994 428 129 557
December 1994 360 112 472
Total Period 1,138 367 1,505
B. AMOUNT OF EXPENDITURES DETAIL
SWEPCO PSO TOTAL
Direct Labor - October 1994 $ 29,136 $ 13,614 $ 42,750
- November 1994 33,783 12,517 46,300
- December 1994 48,363 19,678 68,041
- Total Period 111,282 45,809 157,091
Direct Material - October 1994 182,298 151,076 333,374
- November 1994 199,118 33,293 232,411
- December 1994 214,767 73,130 287,897
- Total Period 596,183 257,499 853,682
Other Direct Expenses - October 1994 65,641 (68,864) (3,223)
- November 1994 (100,974) (21,555) (122,529)
- December 1994 70,515 5,172 75,687
- Total Period 35,182 (85,247) (50,065)
Indirect Expenses Shared
On Cost Ratio - October 1994 104,859 52,655 157,514
- November 1994 86,812 35,115 121,927
- December 1994 138,884 59,652 198,536
- Total Period 330,555 147,422 477,977
Total Expenditures - October 1994 381,934 148,481 530,415
- November 1994 218,739 59,370 278,109
- December 1994 472,529 157,632 630,161
- Total Period $1,073,202 $ 365,483 $1,438,685
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
October 1994 -
Direct Labor $ 29,136 $ 13,614 $ 42,750
Cost Ratio 68.16% 31.84% 100.00%
November 1994 -
Direct Labor $ 33,783 $ 12,517 $ 46,300
Cost Ratio 72.96% 27.04% 100.00%
December 1994 -
Direct Labor $ 48,363 $ 19,678 $ 68,041
Cost Ratio 71.08% 28.92% 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.
<PAGE> 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 14th day of February, 1995.
SOUTHWESTERN ELECTRIC POWER COMPANY
By /s/ R. RUSSELL DAVIS
R. Russell Davis
Controller and
Chief Accounting Officer
<PAGE> 4
INDEX TO EXHIBITS
Exhibit Transmission
Number Exhibit Method
1 October 1994 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
2 November 1994 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
3 December 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 6
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
OCTOBER 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 350 PSO 126
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<TABLE>
<S> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $182,297.97
018-186.4 Stores Salvage - SWEPCO $9,773.78
101-186.4 Direct Labor to SWEPCO Coal Cars $23,898.79
104-186.4 Direct Labor to Rework SWEPCO Material $5,237.30
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 $1,601.52
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $10,642.26
238-186.4 Depreciation Expense - SWEPCO $10,604.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $1,610.08
272-186.4 Switching Fees - SWEPCO $2,556.81
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $258,881.51
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $151,076.28
015-186.4 Inventory Carrying Charges - PSO $3,273.96
019-186.4 Stores Salvage - PSO ($78,454.79)
102-186.4 Direct Labor to PSO Coal Cars $9,318.61
103-186.4 Direct Labor to Rework PSO Material $4,295.02
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 $50.57
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $4,275.48
273-186.4 Switching Fees - PSO $663.64
278-186.4 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $95,826.43
</TABLE>
Exhibit 1
Page 2 of 6
<TABLE>
<S> <C> <C> <C>
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
010-186.4 Shop Material $9,400.37
011-186.4 Small Tools $27.67
012-186.4 Facility Maintenance - Material $15,780.72
013-186.4 Sale of Scrap (Cr.) ($40.00)
016-186.4 Switch Engine Operation and Maintenance $5,401.59
017-186.4 Equipment Operation and Maintenance $2,401.68
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $8,071.46
111-186.4 Clerical $3,503.93
112-186.4 Training and Safety $2,457.44
113-186.4 General Shop Labor $20,850.11
114-186.4 Facility Maintenance - Labor $16,755.14
116-186.4 Switch Engine Operation and Maintenance $7,003.97
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,895.68
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $2,132.23
210-186.4 Employee Activities $1,465.22
211-186.4 Employee Expenses $811.77
212-186.4 Employee Fringe Benefits $10,059.13
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 $775.19
232-186.4 Payroll Taxes (FICA & UC) - Other $0.00
233-186.4 Special Services $2,150.00
234-186.4 Utilities-Heat, Light, Power and Water $4,367.08
235-186.4 Utilities - Telephone $398.47
236-186.4 Vehicle Expense $0.00
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $90.00
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 68.16 % PSO 31.84 % $152,816.59 $104,159.79 $48,656.80
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,463.00
TOTAL COSTS FOR MONTH $363,041.30 $147,946.23
September Adjustments (See Attached Schedule) $18,893.18 $534.82
TOTAL COSTS AND ADJUSTMENTS $381,934.48 $148,481.05
</TABLE>
Exhibit 1
Page 3 of 6
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $29,136.09 68.16 % SWEPCO
102, 103 Direct Labor PSO $13,613.63 31.84 % PSO
Total Direct Labor $42,749.72 100.00 %
SOUTHWESTERN ELECTRIC POWER COMPANY Exhibit 1
P.O. BOX 21106, SHREVEPORT, LA 71156 Page 4 of 6
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
SEPTEMBER 1994 ADJUSTMENTS
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 98 PSO 68
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<TABLE>
<S> <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 $7,590.00
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 $10,604.00
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 $18,194.00
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 $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 $0.00
</TABLE>
Exhibit 1
Page 5 of 6
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<TABLE>
<S> <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 $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 $1,234.00
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 $0.00
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 56.66 % PSO 43.34 % $1,234.00 $699.18 $534.82
TOTAL COSTS FOR MONTH $18,893.18 $534.82
</TABLE>
Exhibit 1
Page 6 of 6
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 %
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
NOVEMBER 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 428 PSO 129
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<TABLE>
<S> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $199,118.11
018-186.4 Stores Salvage - SWEPCO ($149,454.20)
101-186.4 Direct Labor to SWEPCO Coal Cars $23,687.71
104-186.4 Direct Labor to Rework SWEPCO Material $10,095.16
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 $0.00
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $7,277.10
238-186.4 Depreciation Expense - SWEPCO $10,604.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $17,257.37
272-186.4 Switching Fees - SWEPCO $2,682.50
277-186.4 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $131,926.75
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $33,292.50
015-186.4 Inventory Carrying Charges - PSO $3,124.69
019-186.4 Stores Salvage - PSO ($31,467.32)
102-186.4 Direct Labor to PSO Coal Cars $7,067.73
103-186.4 Direct Labor to Rework PSO Material $5,449.67
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $0.00
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $499.05
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $5,188.66
273-186.4 Switching Fees - PSO $997.31
278-186.4 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $24,255.29
</TABLE>
Exhibit 2
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<TABLE>
<S> <C> <C> <C>
010-186.4 Shop Material $2,359.88
011-186.4 Small Tools $36.63
012-186.4 Facility Maintenance - Material $1,209.85
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $1,163.78
017-186.4 Equipment Operation and Maintenance $1,195.54
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $7,877.63
111-186.4 Clerical $3,652.68
112-186.4 Training and Safety $723.15
113-186.4 General Shop Labor $10,922.70
114-186.4 Facility Maintenance - Labor $19,358.89
116-186.4 Switch Engine Operation and Maintenance $8,556.33
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,895.68
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $1,858.36
210-186.4 Employee Activities $149.08
211-186.4 Employee Expenses ($2,264.10)
212-186.4 Employee Fringe Benefits $11,798.86
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) $882.50
226-186.4 Office Supplies and Expenses $1,249.21
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 $6,933.65
235-186.4 Utilities - Telephone $982.62
236-186.4 Vehicle Expense $1,385.21
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 72.96 % PSO 27.04 % $118,985.88 $86,812.10 $32,173.78
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $2,940.94
TOTAL COSTS FOR MONTH $218,738.85 $59,370.01
October Adjustments (See Attached Schedule) $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $218,738.85 $59.370.01
</TABLE>
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $33,782.87 72.96 % SWEPCO
102, 103 Direct Labor PSO $12,517.40 27.04 % PSO
Total Direct Labor $46,300.27 100.00 %
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
DECEMBER 1994
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 360 PSO 112
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
<TABLE>
<S> <C> <C> <C>
001-186.4 Direct Material to SWEPCO Coal Cars $214,766.56
018-186.4 Stores Salvage - SWEPCO $26,186.28
101-186.4 Direct Labor to SWEPCO Coal Cars $35,863.01
104-186.4 Direct Labor to Rework SWEPCO Material $12,500.37
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 $4,104.99
230-186.4 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $1,922.27
238-186.4 Depreciation Expense - SWEPCO $10,604.00
263-186.4 Lease - Supplemental Expenses - SWEPCO $0.00
270-186.4 Outside Maintenance of SWEPCO Coal Cars $12,170.52
272-186.4 Switching Fees - SWEPCO $4,692.50
277-186.4 Repainting Coal Cars - SWEPCO $175.37
Total 100% SWEPCO Costs $333,644.87
COSTS ASSIGNED 100% TO PSO:
002-186.4 Direct Material to PSO Coal Cars $73,130.49
015-186.4 Inventory Carrying Charges - PSO $2,965.51
019-186.4 Stores Salvage - PSO ($12,061.11)
102-186.4 Direct Labor to PSO Coal Cars $12,837.08
103-186.4 Direct Labor to Rework PSO Material $6,840.68
205-186.4 Ad Valorem Taxes - Facility - Direct - PSO $103.00
214-186.4 Employee Fringe Benefits - Direct Labor - PSO $1,443.44
231-186.4 Payroll Taxes (FICA & UC) - Direct Labor - PSO $2,456.01
239-186.4 Depreciation Expense - PSO $0.00
271-186.4 Outside Maintenance of PSO Coal Cars $9,421.97
273-186.4 Switching Fees - PSO $667.34
278-186.4 Repainting Coal Cars - PSO $175.37
Total 100% PSO Costs $97,979.78
</TABLE>
Exhibit 3
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
<TABLE>
<S> <C> <C> <C>
010-186.4 Shop Material $8,264.71
011-186.4 Small Tools $16,630.76
012-186.4 Facility Maintenance - Material $1,253.07
013-186.4 Sale of Scrap (Cr.) $0.00
016-186.4 Switch Engine Operation and Maintenance $7,771.30
017-186.4 Equipment Operation and Maintenance $2,468.89
020-186.4 Stores Salvage - Joint $0.00
110-186.4 Supervision $11,697.33
111-186.4 Clerical $4,676.22
112-186.4 Training and Safety $2,278.87
113-186.4 General Shop Labor $36,205.27
114-186.4 Facility Maintenance - Labor $15,260.04
116-186.4 Switch Engine Operation and Maintenance $10,022.99
201-186.4 Ad Valorem Taxes - Facility $3,289.00
203-186.4 Taxes - Other $1,895.68
206-186.4 Data Processing Charges $574.40
207-186.4 General Office Overhead $2,350.79
210-186.4 Employee Activities $1,845.58
211-186.4 Employee Expenses $4,397.97
212-186.4 Employee Fringe Benefits $8,594.11
215-186.4 Employee Sick Benefits $0.00
220-186.4 Injuries and Damages $0.00
221-186.4 Insurance - Liability and Property $230.35
225-186.4 Maintenance of Facilities (Contracted) $2,355.24
226-186.4 Office Supplies and Expenses $1,252.03
232-186.4 Payroll Taxes (FICA & UC) - Other $4,390.49
233-186.4 Special Services $0.00
234-186.4 Utilities - Heat, Light, Power and Water $12,362.69
235-186.4 Utilities - Telephone $987.30
236-186.4 Vehicle Expense $681.16
237-186.4 Depreciation Expense $0.00
250-186.4 Miscellaneous $692.77
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 71.08 % PSO 28.92 % $195,391.02 $138,883.94 $56,507.08
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,145.41
TOTAL COSTS FOR MONTH $472,528.81 $157,632.27
November Adjustments {See Attached Schedule} $0.00 $0.00
TOTAL COSTS AND ADJUSTMENTS $472,528.81 $157,632.27
</TABLE>
Exhibit 3
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $48,363.38 71.08 % SWEPCO
102, 103 Direct Labor PSO $19,677.76 28.92 % PSO
Total Direct Labor $68,041.14 100.00 %
