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, 1995 TO
DECEMBER 31, 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
October 1, 1995 through December 31, 1995.
A. NUMBER OF RAIL CARS SERVICED
SWEPCO PSO TOTAL
October 1995 347 267 614
November 1995 350 139 489
December 1995 369 154 523
Total Period 1,066 560 1,626
B. AMOUNT OF EXPENDITURES DETAIL
SWEPCO PSO TOTAL
Direct Labor - October 1995 $ 31,643 $ 16,211 $47,854
- November 1995 35,086 11,347 46,433
- December 1995 47,072 18,078 65,150
- Total Period 113,801 45,636 159,437
Direct Material - October 1995 184,283 100,683 284,966
- November 1995 157,220 26,946 184,166
- December 1995 211,107 102,830 313,937
- Total Period 552,610 230,459 783,069
Other Direct Expenses - October 1995 22,446 38,886 61,332
- November 1995 72,987 16,801 89,788
- December 1995 60,633 11,024 71,657
- Total Period 156,066 66,711 222,777
Indirect Expenses Shared
On Cost Ratio - October 1995 75,013 38,437 113,450
- November 1995 109,912 35,551 145,463
- December 1995 96,063 36,896 132,959
- Total Period 280,988 110,884 391,872
Total Expenditures - October 1995 313,385 194,217 507,602
- November 1995 375,205 90,645 465,850
- December 1995 414,875 168,828 583,703
- Total Period $1,103,465 $ 453,690 $1,557,155
C. COMPUTATION OF COST RATIO
SWEPCO PSO TOTAL
October 1995 -
Direct Labor $31,643 $16,211 $47,854
Cost Ratio 66.12% 33.88% 100.00%
November 1995 -
Direct Labor $35,086 $11,347 $46,433
Cost Ratio 75.56% 24.44% 100.00%
December 1995 -
Direct Labor $47,072 $18,078 $65,150
Cost Ratio 72.25% 27.75% 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 13th day of February, 1996.
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 October 1995 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
2 November 1995 statement furnished by SWEPCO to Electronic
PSO detailing PSO's rail car charges
3 December 1995 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 3
TELEPHONE NUMBER (318) 222-2141
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
OCTOBER 1995
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 347 PSO 267
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
PR4001 Direct Material to SWEPCO Coal Cars $184,283.22
PR4018 Stores Salvage - SWEPCO ($33,661.74)
PR4101 Direct Labor to SWEPCO Coal Cars $20,980.18
PR4104 Direct Labor to Rework SWEPCO Material $10,663.01
PR4202 Ad Valorem Taxes - SWEPCO Coal Cars $10,022.00
PR4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
PR4213 Employee Fringe Benefits - Direct Labor - SWEPCO $4,215.35
PR4230 Payroll Taxes (FICA & UC) - Direct Labor - SWEPCO $2,532.58
PR4238 Depreciation Expense - SWEPCO $10,604.00
PR4263 Lease - Supplemental Expenses - SWEPCO $0.00
PR4270 Outside Maintenance of SWEPCO Coal Cars $22,963.94
PR4272 Switching Fees - SWEPCO $5,594.53
PR4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $238,372.07
COSTS ASSIGNED 100% TO PSO:
PR4002 Direct Material to PSO Coal Cars $100,682.80
PR4015 Inventory Carrying Charges - PSO $2,932.97
PR4019 Stores Salvage - PSO $15,951.77
PR4102 Direct Labor to PSO Coal Cars $12,581.67
PR4103 Direct Labor to Rework PSO Material $3,628.92
PR4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
PR4214 Employee Fringe Benefits - Direct Labor - PSO $2,159.62
PR4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,297.55
PR4239 Depreciation Expense - PSO $0.00
PR4271 Outside Maintenance of PSO Coal Cars $14,337.25
PR4273 Switching Fees - PSO $2,103.96
PR4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $155,779.51
Exhibit 1
Page 2 of 3
COSTS TO BE SHARED (Ratio of Direct Labor): SHARED SWEPCO PSO
PR4010 Shop Material $3,838.17
PR4011 Small Tools $120.38
PR4012 Facility Maintenance - Material $2,109.49
PR4013 Sale of Scrap (Cr.) $0.00
PR4016 Switch Engine Operation and
Maintenance $1,187.95
PR4017 Equipment Operation and Maintenance $1,977.36
PR4020 Stores Salvage - Joint $0.00
PR4110 Supervision $9,323.10
PR4111 Clerical $3,156.17
PR4112 Training and Safety $2,802.21
PR4113 General Shop Labor $10,649.12
PR4114 Facility Maintenance - Labor $8,314.86
PR4116 Switch Engine Operation and
Maintenance $11,673.74
PR4201 Ad Valorem Taxes - Facility $3,289.00
PR4203 Taxes - Other $1,234.00
PR4206 Data Processing Charges $574.40
PR4207 General Office Overhead $1,355.59
PR4210 Employee Activities $1,029.40
PR4211 Employee Expenses $0.00
PR4212 Employee Fringe Benefits $6,762.91
PR4215 Employee Sick Benefits $0.00
PR4220 Injuries and Damages $0.00
PR4221 Insurance - Liability and Property $297.79
PR4225 Maintenance of Facilities
(Contracted) $1,206.47
PR4226 Office Supplies and Expenses $607.94
PR4232 Payroll Taxes (FICA & UC) - Other $3,732.85
PR4233 Special Services $0.00
PR4234 Utilities - Heat, Light, Power and
Water $4,380.90
PR4235 Utilities - Telephone $430.79
PR4236 Vehicle Expense $338.52
PR4237 Depreciation Expense $0.00
PR4250 Miscellaneous $94.95
PR4262 Lease - Basic - All Except Coal
Cars $32,962.00
PR4264 Lease - Supplemental Expenses -
Facility $0.00
Total Costs Shared on Cost Ratio
(see computation below)-
SWEPCO 66.12% PSO 33.88% $113,450.06 $75,013.18 $38,436.88
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement (Cost Ratio) $3,684.88
TOTAL COSTS FOR THE MONTH $313,385.25 $197,901.27
Exhibit 1
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $31,643.19 66.12 % SWEPCO
102, 103 Direct Labor PSO $16,210.59 33.88 % PSO
Total Direct Labor $47,853.78 100.00 %
CENTRAL AND SOUTH WEST SERVICES, INC. Exhibit 2
P.O. BOX 21928 TULSA, OKLAHOMA Page 1 of 3
TELEPHONE NUMBER (918) 594 - 2000
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
NOVEMBER 1995
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 350 PSO 139
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
PR4001 Direct Material to SWEPCO Coal Cars $157,219.80
PR4018 Stores Salvage - SWEPCO $5,051.22
PR4101 Direct Labor to SWEPCO Coal Cars $28,524.77
PR4104 Direct Labor to Rework SWEPCO Material $6,560.83
PR4202 Ad Valorem Taxes - SWEPCO Coal Cars $10,022.00
PR4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
PR4213 Employee Fringe Benefits - Direct Labor - SWEPCO $8,418.13
PR4230 Payroll Taxes (FICA & UC) - Direct Labor -
SWEPCO $2,802.96
PR4238 Depreciation Expense - SWEPCO $10,604.00
PR4263 Lease - Supplemental Expenses - SWEPCO $0.00
PR4270 Outside Maintenance of SWEPCO Coal Cars $31,181.39
PR4272 Switching Fees - SWEPCO $4,733.05
PR4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $265,293.15
COSTS ASSIGNED 100% TO PSO:
PR4002 Direct Material to PSO Coal Cars $26,946.01
PR4015 Inventory Carrying Charges - PSO $2,399.33
PR4019 Stores Salvage - PSO ($6,145.09)
PR4102 Direct Labor to PSO Coal Cars $7,705.26
PR4103 Direct Labor to Rework PSO Material $3,641.87
PR4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
PR4214 Employee Fringe Benefits - Direct Labor - PSO $2,716.86
PR4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $904.64
PR4239 Depreciation Expense - PSO $0.00
PR4271 Outside Maintenance of PSO Coal Cars $13,903.54
PR4273 Switching Fees - PSO $2,918.24
PR4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $55,093.66
Exhibit 2
Page 2 of 3
COSTS TO BE SHARED {Ratio of Direct Labor}: SHARED SWEPCO PSO
PR4010 Shop Material $5,283.71
PR4011 Small Tools $240.07
PR4012 Facility Maintenance - Material $484.31
PR4013 Sale of Scrap (Cr.) $0.00
PR4016 Switch Engine Operation and
Maintenance $1,187.95
PR4017 Equipment Operation and
Maintenance $1,158.55
PR4020 Stores Salvage - Joint $0.00
PR4110 Supervision $9,597.76
PR4111 Clerical $2,787.18
PR4112 Training and Safety $6,196.88
PR4113 General Shop Labor $8,436.49
PR4114 Facility Maintenance - Labor $17,101.31
PR4116 Switch Engine Operation and
Maintenance $11,020.17
PR4201 Ad Valorem Taxes - Facility $3,289.00
PR4203 Taxes - Other $1,234.00
PR4206 Data Processing Charges $574.40
PR4207 General Office Overhead $1,361.74
PR4210 Employee Activities $428.72
PR4211 Employee Expenses $0.00
PR4212 Employee Fringe Benefits $13,577.70
PR4215 Employee Sick Benefits $0.00
PR4220 Injuries and Damages $0.00
PR4221 Insurance - Liability and Property $363.14
PR4225 Maintenance of Facilities
(Contracted) $1,421.47
PR4226 Office Supplies and Expenses $451.97
PR4232 Payroll Taxes (FICA & UC) - Other $4,468.76
PR4233 Special Services $0.00
PR4234 Utilities - Heat, Light, Power and
Water $21,219.11
PR4235 Utilities - Telephone $491.88
PR4236 Vehicle Expense $0.00
PR4237 Depreciation Expense $0.00
PR4250 Miscellaneous $125.00
PR4262 Lease - Basic - All Except Coal
Cars $32,962.01
PR4264 Lease - Supplemental Expenses -
Facility $0.00
Total Costs Shared on Cost Ratio
{see computation below} -
SWEPCO 75.56% PSO 24.44% $145,463.28 $109,912.05 $35,551.23
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement {Cost Ratio} $2,658.16
TOTAL COSTS FOR THE MONTH $375,205.20 $93,303.05
TOTAL COSTS AND ADJUSTMENTS $375,205.20 $93,303.05
Exhibit 2
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $35,085.60 75.56 % SWEPCO
102, 103 Direct Labor PSO $11,347.13 24.44 % PSO
Total Direct Labor $46,432.73 100.00 %
CENTRAL AND SOUTH WEST SERVICES, INC. Exhibit 3
P.O. BOX 21928 TULSA, OKLAHOMA Page 1 of 3
Telephone Number (918) 594 - 2000
STATEMENT OF PARTICIPATION IN RAIL CAR MAINTENANCE FACILITY
AT ALLIANCE, NEBRASKA PER SWEPCO - PSO AGREEMENT
DECEMBER 1995
A. NUMBER OF RAIL CARS SERVICED
SWEPCO 369 PSO 154
B. AMOUNT OF EXPENDITURES: SHARED SWEPCO PSO
COSTS ASSIGNED 100% TO SWEPCO:
PR4001 Direct Material to SWEPCO Coal Cars $211,107.39
PR4018 Stores Salvage - SWEPCO ($36,157.14)
PR4101 Direct Labor to SWEPCO Coal Cars $34,574.97
PR4104 Direct Labor to Rework SWEPCO Material $12,497.17
PR4202 Ad Valorem Taxes - SWEPCO Coal Cars $10,022.00
PR4204 Ad Valorem Taxes - Facility - Direct - SWEPCO $175.00
PR4213 Employee Fringe Benefits - Direct Labor -
SWEPCO $13,185.99
PR4230 Payroll Taxes (FICA & UC) - Direct Labor -
SWEPCO $4,390.50
PR4238 Depreciation Expense - SWEPCO $10,604.00
PR4263 Lease - Supplemental Expenses - SWEPCO $0.00
PR4270 Outside Maintenance of SWEPCO Coal Cars $54,966.95
PR4272 Switching Fees - SWEPCO $3,444.80
PR4277 Repainting Coal Cars - SWEPCO $0.00
Total 100% SWEPCO Costs $318,811.63
COSTS ASSIGNED 100% TO PSO:
PR4002 Direct Material to PSO Coal Cars $102,829.72
PR4015 Inventory Carrying Charges - PSO $2,465.06
PR4019 Stores Salvage - PSO ($14,159.48)
PR4102 Direct Labor to PSO Coal Cars $16,256.66
PR4103 Direct Labor to Rework PSO Material $1,820.91
PR4205 Ad Valorem Taxes - Facility - Direct - PSO $103.00
PR4214 Employee Fringe Benefits - Direct Labor - PSO $5,274.11
PR4231 Payroll Taxes (FICA & UC) - Direct Labor - PSO $1,756.06
PR4239 Depreciation Expense - PSO $0.00
PR4271 Outside Maintenance of PSO Coal Cars $14,581.73
PR4273 Switching Fees - PSO $1,004.49
PR4278 Repainting Coal Cars - PSO $0.00
Total 100% PSO Costs $131,932.26
Exhibit 3
Page 2 of 3
COSTS TO BE SHARED {Ratio of Direct Labor}: SHARED SWEPCO PSO
PR4010 Shop Material $3,833.22
PR4011 Small Tools ($425.59)
PR4012 Facility Maintenance - Material $1,171.53
PR4013 Sale of Scrap (Cr.) ($16,919.45)
PR4016 Switch Engine Operation and
Maintenance $8,877.80
PR4017 Equipment Operation and
Maintenance $3,597.21
PR4020 Stores Salvage - Joint $0.00
PR4110 Supervision $9,418.97
PR4111 Clerical $5,051.15
PR4112 Training and Safety $7,720.11
PR4113 General Shop Labor $7,921.84
PR4114 Facility Maintenance - Labor $10,009.97
PR4116 Switch Engine Operation and
Maintenance $9,772.57
PR4201 Ad Valorem Taxes - Facility $3,289.00
PR4203 Taxes - Other $1,234.00
PR4206 Data Processing Charges $574.40
PR4207 General Office Overhead $1,397.53
PR4210 Employee Activities $1,196.50
PR4211 Employee Expenses $3,127.88
PR4212 Employee Fringe Benefits $19,111.87
PR4215 Employee Sick Benefits $0.00
PR4220 Injuries and Damages $0.00
PR4221 Insurance - Liability and Property $0.00
PR4225 Maintenance of Facilities
(Contracted) $1,200.00
PR4226 Office Supplies and Expenses $1,128.74
PR4232 Payroll Taxes (FICA & UC) - Other $4,861.34
PR4233 Special Services $0.00
PR4234 Utilities - Heat, Light, Power and
Water $11,915.11
PR4235 Utilities - Telephone $469.71
PR4236 Vehicle Expense $96.27
PR4237 Depreciation Expense $0.00
PR4250 Miscellaneous $365.00
PR4262 Lease - Basic - All Except Coal
Cars $32,962.01
PR4264 Lease - Supplemental Expenses -
Facility $0.00
Total Costs Shared on Cost Ratio
{see computation below} -
SWEPCO 72.25% PSO 27.75% $132,958.69 $96,062.65 $36,896.04
Capital Recovery on Capital Expenditures not
Covered Under Lease Agreement {Cost Ratio} $3,018.16
TOTAL COSTS FOR THE MONTH $414,874.28 $171,846.46
Exhibit 3
Page 3 of 3
C. COMPUTATION OF COST RATIO:
101, 104 Direct Labor SWEPCO $47,072.14 72.25 % SWEPCO
102, 103 Direct Labor PSO $18,077.57 27.75 % PSO
Total Direct Labor $65,149.71 100.00 %
