<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-3A-2
Statement by Holding Company Claiming Exemption Under Rule U-3A-2 from
the Provisions of the Public Utility Holding Company Act of 1935
To Be Filed Annually Prior to March 1
DTE ENERGY COMPANY
(Name of Company)
hereby files with the Securities and Exchange Commission, pursuant to Rule 2,
its statement claiming exemption as a holding company from the provisions of
the Public Utility Holding Company Act of 1935, and submits the following
information:
1. Name, State of organization, location and nature of business
of claimant and every subsidiary thereof, other than any exempt wholesale
generator (EWG) or foreign utility company in which claimant directly or
indirectly holds an interest.
DTE Energy Company ("Claimant") is a Michigan corporation,
incorporated on January 26, 1995. From the date of its incorporation through
December 31, 1995, Claimant was a wholly owned subsidiary of The Detroit Edison
Company, a Michigan public utility. On January 1, 1996, pursuant to a share
exchange accomplished in accordance with the provisions of the Michigan
Business Corporation Act, all outstanding Common Stock of The Detroit Edison
Company was exchanged on a one-for-one basis for the Common Stock of Claimant.
Thus, as of January 1, 1996, Claimant became a publicly held corporation with
the purpose of holding the outstanding stock of its subsidiaries. Claimant's
address is 2000 2nd Avenue, Detroit, Michigan 48226-1279.
The Detroit Edison Company ("Detroit Edison"), incorporated in
Michigan since 1967, is a Michigan public utility subject to regulation by the
Michigan Public Service Commission and the Federal Energy Regulatory Commission.
It is engaged in the generation, purchase, transmission, distribution and sale
of electric energy in a 7,600 square-mile area in southeastern Michigan. It also
owns and operates a steam heating system in Detroit, Michigan. On January 1,
1996, Detroit Edison became a wholly owned subsidiary of Claimant. Detroit
Edison's address is 2000 2nd Avenue, Detroit, Michigan 48226-1279.
Midwest Energy Resources Company ("MERC") is a Michigan
corporation established on June 5, 1974. MERC is a wholly owned subsidiary
of Detroit Edison and is engaged in operating a coal-transshipment facility in
Superior, Wisconsin.
The Edison Illuminating Company of Detroit ("EIC") is a
Michigan corporation established on May 28, 1886. EIC is a wholly owned
subsidiary of Detroit Edison and holds real estate.
St. Clair Energy Corporation ("St. Clair") is a Michigan
corporation established on August 27, 1906. St. Clair is a wholly owned
subsidiary of Detroit Edison and is engaged in fuel procurement.
MERC, EIC and St. Clair have offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279.
1
<PAGE> 2
DTE Energy Resources, Inc., formerly DE Energy Services, Inc.
("DTE ER") is a Michigan corporation established on August 29, 1994. This
corporation became a wholly owned subsidiary of Claimant on January 1, 1996.
DTE ER has offices at 425 S. Main, Ann Arbor, Michigan 48107 and it is engaged
in energy services and landfill gas projects.
DTE Biomass Energy, Inc., formerly Biomass Energy Systems,
Inc., ("DTE Biomass") is a Michigan corporation established on July 15, 1993,
with offices at 425 S. Main, Ann Arbor, Michigan 48107. On January 1, 1995
Biomass became a wholly owned subsidiary of DTE ER and it is engaged in landfill
gas projects.
RES Power, Inc. ("RES") is a Michigan corporation established
on January 6, 1983, with offices at 425 S. Main, Ann Arbor, Michigan 48107. RES
is a wholly owned subsidiary of DTE Biomass and it is engaged in landfill gas
projects.
Sonoma Energy Systems, Inc. ("Sonoma") is a Michigan
corporation established on January 24, 1994, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Sonoma is a wholly owned subsidiary of DTE Biomass and
it is engaged in landfill gas projects.
Riverview Gas Producers, Inc. ("Riverview") is a Michigan
corporation established on August 16, 1993, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Riverview is a wholly owned subsidiary of DTE Biomass
and it is engaged in landfill gas projects.
DTE Arbor Gas Producers, Inc. ("DTE Arbor") is a Michigan
corporation established on July 10, 1996, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. DTE Arbor is a wholly owned subsidiary of DTE Biomass and
it is engaged in landfill gas projects.
Plainville Gas Producers, Inc., formerly Sumpter Gas
Producers, Inc., ("Plainville") is a Michigan corporation established on June 2,
1994, with offices at 425 S. Main, Ann Arbor, Michigan 48107. Plainville is a
wholly owned subsidiary of DTE Biomass and it is engaged in landfill gas
projects.
Belleville Gas Producers, Inc. ("Belleville") is a Michigan
corporation established November 8, 1996 with offices at 425 S. Main, Ann
Arbor, Michigan, 48107. Belleville is a wholly owned subsidiary of DTE Biomass
and it is engaged in landfill gas projects.
Escambia Gas Producers, Inc., formerly ESCA Gas Producers,
Inc., ("Escambia") is a Michigan corporation established November 18, 1996, with
offices at 425 S. Main, Ann Arbor, Michigan 48107. Escambia is a wholly owned
subsidiary of DTE Biomass and it is engaged in landfill gas projects.
Fayetteville Gas Producers, L.L.C., formerly Fayetteville Gas
Company, L.L.C. ("Fayetteville") is a North Carolina company formed October 20,
1994. DTE Biomass purchased an 100% interest in Fayetteville on December 1,
1997. Offices are located at 425 S. Main, Ann Arbor, Michigan 48107.
Fayetteville is a wholly owned subsidiary of DTE Biomass and it is engaged in
landfill gas projects.
Lycoming Gas Producers, Inc. ("Lycoming") is a Michigan
corporation established August 18, 1997, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Lycoming is a wholly owned subsidiary of DTE Biomass and it is
engaged in landfill gas projects.
Roxana Gas Producers, Inc. ("Roxana") is a Michigan
corporation established August 18, 1997, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Roxana is a wholly owned subsidiary of DTE Biomass and
it is engaged in landfill gas projects.
2
<PAGE> 3
Orlando Gas Producers, Inc. ("Orlando"), is a Michigan
corporation established February 8, 1994, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Orlando is a wholly owned subsidiary of DTE Biomass and
is engaged in landfill gas projects.
Birmingham Gas Producers, L.L.C. ("Birmingham"), is a Michigan
company established April 13, 1998, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Birmingham is a wholly owned subsidiary of DTE Biomass and is
engaged in landfill gas projects.
Montgomery Gas Producers, L.L.C. ("Montgomery"), is a Michigan
company established April 13, 1998, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Montgomery is a wholly owned subsidiary of DTE Biomass and is
engaged in landfill gas projects.
Oklahoma Gas Producers, L.L.C. ("Oklahoma"), is a Michigan
company established April 13, 1998, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Oklahoma is a wholly owned subsidiary of DTE Biomass and is
engaged in landfill gas projects.
Phoenix Gas Producers, L.L.C. ("Phoenix"), is a Michigan company
established April 13, 1998, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Phoenix is a wholly owned subsidiary of DTE Biomass and is engaged in
landfill gas projects.
Wake Gas Producers, L.L.C. ("Wake"), is a North Carolina company
established October 3, 1997, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Wake is a wholly owned subsidiary of DTE Biomass and is engaged in
landfill gas projects.
Coopersville Gas Producers, L.L.C. ("Coopersville"), is a
Michigan company established May 1, 1997, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Coopersville is a wholly owned subsidiary of DTE Biomass
and is engaged in landfill gas projects.
Hillside Gas Producers, L.L.C. ("Hillside"), is a Michigan
company established May 7, 1999, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Hillside is a wholly owned subsidiary of DTE Biomass and is
engaged in landfill gas projects.
Illini Gas Producers, L.L.C. ("Illini"), is a Michigan company
established September 13, 1999, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Illini is a wholly owned subsidiary of DTE Biomass and is engaged in
landfill gas projects.
DTE Energy Services, Inc., formerly Edison Energy Services,
Inc., ("DTE ES") is a Michigan corporation established on June 29, 1994, with
offices at 425 S. Main, Ann Arbor, Michigan 48107. DTE ES is a wholly owned
subsidiary of DTE ER and it is engaged in energy services activities.
DTE ES Holdings, Inc. ("DTE ES Holdings") is a Michigan
corporation established August 28, 1997, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. DTE ES Holdings is a wholly owned subsidiary of DTE ES and is a
holding company.
PCI Enterprises Company ("PCI") is a Michigan corporation
established on August 1, 1995, with offices at 425 S. Main, Ann Arbor, Michigan
48107. PCI is a wholly owned subsidiary of DTE ES and it operates a pulverized
coal facility.
3
<PAGE> 4
EES Coke Battery Company, Inc. ("EES Coke") is a Michigan
corporation established on October 29, 1996, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. EES Coke is a wholly owned subsidiary of DTE ES and it
operates a coke battery facility.
DTE Indiana Harbor, L.L.C. ("Indiana Harbor") is a Delaware
company established January 26, 1998, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Indiana Harbor is 75% owned by DTE ES and 25% owned by DTE ES
Holdings and is a holding company.
DTE BH Holdings, Inc. (DTE BH") is a Delaware corporation
established July 6, 1998, with offices at 425 S. Main, Ann Arbor, Michigan
48107. DTE BH is a wholly owned subsidiary of DTE ES and is a holding company.
Burns Harbor Coke Energy Company, Inc. ("Burns Harbor") is a
Delaware corporation established June 8, 1998, with offices at 425 S. Main,
Ann Arbor, Michigan 48107. Burns Harbor is a wholly owned subsidiary of DTE BH
and is a holding company.
DTE Burns Harbor, L.L.C. ("DTE Burns Harbor") is a Delaware
corporation established February 25, 1998, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. DTE Burns Harbor is 88% owned by Burns Harbor and 12%
owned by DTE BH and operates a coke battery facility.
DTE Georgetown, L.L.C. ("Georgetown"), is a Delaware company
established September 8, 1999, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Georgetown is a wholly owned subsidiary of DTE ES and is engaged in the
generation of electricity.
DTE Sparrows Point, L.L.C. ("Sparrows Point"), is a Delaware
company established August 31, 1998, with offices at 425 S. Main, Ann Arbor,
Michigan 48107. Sparrows Point is a wholly owned subsidiary of DTE ES and is
engaged in the operation of a pulverized coal injection plant.
DTE Synfuels, L.L.C. ("Synfuels") is a Delaware company
established November 11, 1999, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Synfuels is a wholly owned subsidiary of DTE ES and is a holding company
for synfuels projects.
DTE Riverhill L.L.C. ("Riverhill") is a Delaware company
established August 20, 1999, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Riverhill is a wholly owned subsidiary of DTE ES and operates a
processing facility to produce solid synthetic fuel pellets from coal fines.
DTE Northwind, L.L.C. ("Northwind") is a Delaware company
established September 3, 1998, with offices at 425 S. Main, Ann Arbor, Michigan
48107. Northwind is a wholly owned subsidiary of DTE ES and operates a chilled
water plant.
DTE Northwind Operations, L.L.C. ("Northwind Operations") is a
Michigan company established October 8, 1999, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. Northwind Operations is a wholly owned subsidiary of DTE
ES and handles the operation and maintenance of Northwind.
4
<PAGE> 5
DTE Coal Services, Inc. ("DTE Coal") is a Michigan corporation
established on July 10, 1996, with offices at 425 S. Main, Ann Arbor, Michigan
48107. DTE Coal is a wholly owned subsidiary of DTE ER and it is engaged in
selling and transporting coal to third parties.
DTE Rail Services, Inc., formerly DTE CS Rail Services, Inc.,
("DTE Rail") is a Michigan Corporation established November 18, 1997, with
offices at 425 S. Main, Ann Arbor, Michigan 48107. DTE Rail is a wholly owned
subsidiary of DTE Coal and it is engaged in rail car repair and maintenance.
DTE Transportation Services, Inc. ("DTE Transportation") is a
Michigan corporation established May 19,1998, with offices at 425 S. Main, Ann
Arbor, Michigan 48107. DTE Transportation is a wholly owned subsidiary of DTE
Rail and is engaged in rail shipment management and logistics, short line
railroad management, rail car trading and brokering, and rail car leasing.
DTE Capital Corporation ("DTE Capital") is a Michigan
corporation established on September 6, 1995. This corporation became a wholly
owned subsidiary of Claimant on January 1, 1996. DTE Capital has offices
at 2000 2nd Avenue, Detroit, Michigan 48226-1279, and it provides financial
services for the non-utility affiliates of Claimant.
Syndeco Realty Corporation ("Syndeco") is a Michigan
corporation established on August 22, 1986. This corporation became a
wholly owned subsidiary of Claimant on January 1, 1996. Syndeco has offices
at 2000 2nd Avenue, Detroit, Michigan 48226-1279, and it is engaged in real
estate projects.
Edison Development Corporation ("EDC") is a Michigan
corporation established on May 24, 1994. This corporation became a
wholly owned subsidiary of Claimant on January 1, 1996. EDC has offices at
2000 2nd Avenue, Detroit, Michigan 48226-1279 and it is engaged in business
development.
EdVenture Capital Corp. ("EdVenture") is a Michigan
Corporation established on May 24, 1994, with offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279. EdVenture is a wholly owned subsidiary of EDC
and it is engaged in equity investment.
Wolverine Energy Services, Inc. ("Wolverine") is a Michigan
corporation established September 6, 1995, with offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279. Wolverine is a wholly owned subsidiary of Claimant
and is a holding company.
DTE Edison America Catalog Sales, Inc. ("Catalog") is a
Michigan corporation established April 13, 1998, with offices at 2000 2nd
Avenue, Detroit, Michigan 48226-1279. Catalog is a wholly owned subsidiary of
Wolverine and is engaged in a multi-state retail catalog business for energy
related products. Catalog was engaged in the dissolution of its affairs in 1999.
DTE Edison America, Inc. ("Edison America") is a Michigan
corporation established April 13, 1998, with offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279. Edison America is a wholly owned subsidiary of
Wolverine and is engaged in energy and energy related products.
DTE Energy Solutions, Inc. ("Solutions") is a Michigan
corporation established April 10, 1998, with offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279. Solutions is a wholly owned subsidiary of
Wolverine and is engaged in system based energy related products and services.
5
<PAGE> 6
DTE Energy Technologies, Inc. ("Technologies") is a Michigan
corporation established March 18, 1997, with offices at 2000 2nd Avenue,
Detroit, Michigan 48226-1279. Technologies is a wholly owned subsidiary of
Wolverine and is engaged in energy solutions for industrial, commercial and
small businesses.
DTE Energy Trading, Inc., formerly Huron Energy Services, Inc.,
("DTE Energy Trading") is a Michigan corporation established on September 6,
1995. DTE Energy Trading has offices at 101 N. Main, Ann Arbor, Michigan 48104
and it is engaged in wholesale and retail energy marketing. DTE Energy Trading
became a wholly owned subsidiary of DTE ER on November 30, 1998.
DTE Engineering Services, Inc., formerly UTS Systems, Inc.,
("DTE Engineering Services") is a Michigan corporation established April 23,
1985. This corporation became a wholly owned subsidiary of Solutions on January
27, 1999. DTE Engineering Services has offices at 2000 2nd Avenue, Detroit,
Michigan 48226-1279 and is engaged in professional engineering services.
DTE Energy Marketing, Inc., formerly Great Lakes Energy
Products, Inc. ("DTE Energy Marketing") is a Michigan corporation established
December 30, 1996 with offices at 2000 2nd Avenue, Detroit, Michigan 48226-1279.
DTE Energy Marketing became a wholly owned subsidiary of DTE ER on July 22,
1999,and is engaged in equity investment.
2. A brief description of the properties of Claimant and each of
its subsidiary public utility companies used for the generation, transmission,
and distribution of electric energy for sale, or for the production,
transmission, and distribution of natural or manufactured gas, indicating the
location of principal generating plants, transmission lines, producing fields,
gas manufacturing plants, and electric and gas distribution facilities,
including all such properties which are outside the State in which Claimant and
its subsidiaries are organized and all transmission or pipelines which deliver
or receive electric energy or gas at the borders of such State.
6
<PAGE> 7
Claimant - none
The Detroit Edison Company maintains the following generating facilities which
are located in the State of Michigan, as follows:
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Location By
Michigan Summer Net Year
Plant Name County Rated Capability (1) (2) in Service
- ------------------------------------------------------------------------------------------------------
(MW)
<S> <C> <C> <C> <C>
Fossil-fueled Steam-Electric
Belle River (3) St. Clair 1,026 9.3% 1984 and 1985
Conners Creek Wayne 167 1.5 1999
Greenwood St. Clair 785 7.1 1979
Harbor Beach Huron 103 0.9 1968
Marysville St. Clair 167 1.5 1930, 1943 and 1947
Monroe (4) Monroe 3,000 27.3 1971, 1973 and 1974
River Rouge Wayne 510 4.6 1957 and 1958
St. Clair St. Clair 1,402 12.8 1953, 1954, 1961 and 1969
Trenton Channel Wayne 725 6.6 1949, 1950 and 1968
-----------------------
7,885 71.6%
Oil or Gas-fueled Peaking
Units Various 1,102 10.0 1966-1971, 1981 and 1999
Nuclear-fueled Steam-Electric
Fermi 2 (5) Monroe 1,101 10.0 1988
Hydroelectric Pumped Storage
Ludington (6) Mason 917 8.4 1973
-----------------------
11,005 100.0%
=======================
</TABLE>
(1) Summer net rated capabilities of generating units in service are based on
periodic load tests and are changed depending on operating experience, the
physical condition of units, environmental control limitations and customer
requirements for steam, which otherwise would be used for electric
generation.
(2) Excludes two oil-fueled units, River Rouge Unit No. 1 (206 MW) and St.
Clair Unit No. 5 (250 MW), in economy reserve status.
(3) The Belle River capability represents Detroit Edison's entitlement to
81.39% of the capacity and energy of the plant.
(4) The Monroe Power Plant provided 33.7% of Detroit Edison's total 1999 power
plant generation.
(5) Fermi 2 has a design electrical rating (net) of 1,150 MW.
(6) Represents Detroit Edison's 49% interest in Ludington with a total
capability of 1,872 MW. Detroit Edison is leasing 306 MW to First Energy
for the six-year period June 1, 1996 through May 31, 2002.
7
<PAGE> 8
Detroit Edison and Consumers Energy are parties to an Electric Coordination
Agreement providing for emergency assistance, coordination of operations and
planning for bulk power supply, with energy interchanged at nine
interconnections. Detroit Edison and Consumers Energy also have interchange
agreements to exchange electric energy through 12 interconnections with First
Energy, Indiana Michigan Power Company, Northern Indiana Public Service Company
and Ontario Hydro. In addition, Detroit Edison has interchange agreements for
the exchange of electric energy with Michigan South Central Power Agency, Rouge
Steel Company and the City of Wyandotte.
12-31-1999
Transmission and Distribution. Detroit Edison owns and operates within the
State of Michigan 616 distribution substations with a capacity of 17,883,200
kilovolt amperes and 427,531 line transformers with a capacity of 20,599,198
kilovolt amperes. Electric transmission and distribution lines owned and in
service as of December 31, 1999 are as follows:
<TABLE>
<CAPTION>
Overhead Lines Underground Lines
-------------- -----------------
Conduit
Pole Circuit Bank Cable
Design Line Voltage - KV Miles Miles Miles Miles
- ------------------------ ----- ------- ------- -----
<S> <C> <C> <C> <C>
Transmission -
120 KV 1,099 1,614 - 166
140 KV 31 31 - -
230 KV 77 87 - -
345 KV 525 954 - 7
----- ----- ----- -----
1,732 2,686 - 173
=====
Distribution -
Under 4.8 KV - 64 492
4.8 KV and 13.2 KV 32,498 452 14,215
24 KV 105 258 1,044
40 KV 2,789 91 331
120 KV 55 - 16
------ ----- ------
35,447 865 16,098
------ ----- ------
Grand Total 37,179 865 16,271
====== ===== ======
</TABLE>
8
<PAGE> 9
3. The following information for the last calendar year with
respect to Claimant and each of its subsidiary public utility companies:
(a) Number of kwh. of electric energy sold (at retail or
wholesale), and Mcf. of natural or manufactured gas distributed at retail.
<TABLE>
<CAPTION>
Claimant - None
Detroit Edison - Kwh State Revenues
---------------------- ------------------ ---------------------
<S> <C> <C>
55,524,475,000 Michigan 3,975,083,765
====================== =====================
</TABLE>
(b) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas distributed at retail outside the State in which each such
company is organized.
Claimant - None
Detroit Edison - None
(c) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas sold at wholesale outside the State in which each such company
is organized, or at the State line.
<TABLE>
<CAPTION>
Claimant - None
Detroit Edison - Kwh State Revenues
---------------------- ------------------ ----------------------
<S> <C> <C>
1,254,491,000 Ontario, Canada $ 26,726,778
27,341,000 Ohio 17,779,166
142,331,000 Indiana 39,251,966
---------------------- ----------------------
1,424,163,000 $ 83,757,910
====================== ======================
</TABLE>
(d) Number of kwh. of electric energy and Mcf. of natural or
manufactured gas purchased outside the State in which each such company is
organized or at the State line.
<TABLE>
<CAPTION>
Claimant - None
Detroit Edison - Kwh State Expenses
--------------------- ------------------ ---------------------
<S> <C> <C>
1,106,025,000 Ontario, Canada $ 41,372,656
212,001,000 Ohio 24,352,241
2,988,684,000 Indiana 164,969,708
--------------------- ---------------------
4,306,710,000 230,694,605
===================== =====================
</TABLE>
4. The following information for the reporting period with
respect to Claimant and each interest it holds directly or indirectly in an EWG
or a foreign utility company, stating monetary amounts in United States
dollars:
Not applicable.
(a) Name, location, business address and description of the
facilities used by the EWG or foreign utility company for the generation,
transmission and distribution of electric energy for sale or for the
distribution at retail of natural or manufactured gas.
(b) Name of each system company that holds an interest in such EWG
or foreign utility company; and description of the interest held.
9
<PAGE> 10
(c) Type and amount of capital invested, directly or indirectly,
by the holding company claiming exemption; any direct or indirect guarantee of
the security of the EWG or foreign utility company by the holding company
claiming exemption; and any debt or other financial obligation for which there
is recourse, directly or indirectly, to the holding company claiming exemption
or another system company, other than the EWG or foreign utility company.
(d) Capitalization and earnings of the EWG or foreign utility
company during the reporting period.
(e) Identify any service, sales or construction contract(s)
between the EWG or foreign utility company and a system company, and describe
the services to be rendered or goods sold and fees or revenues under such
agreement(s).
EXHIBIT A
A consolidating statement of income and surplus of the Claimant and certain of
its subsidiary companies for the calendar year 1999, together with a
consolidating balance sheet of Claimant and certain of its subsidiary companies
as of the close of such calendar year follows.
EXHIBIT B
A Financial Data Schedule for the Claimant follows as Exhibit B.
EXHIBIT C
Not applicable.
The above-named Claimant has caused this statement to be duly executed
on its behalf by its authorized officer on this 29th day of February, 2000.
DTE Energy Company
--------------------------
(Name of Claimant)
By /s/ DAVID E. MEADOR
------------------------
David E. Meador
Vice President
CORPORATE SEAL
Attest:
/s/ SUSAN M. BEALE
- --------------------------
Susan M. Beale
Name, title, and address of officer to whom notices and correspondence
concerning this statement should be addressed:
Susan M. Beale, Vice President and Corporate Secretary
- ------------------------------------------------------
(Name) (Title)
2000 2nd Avenue, Detroit, Michigan 48226-1279
- ---------------------------------------------
(Address)
10
<PAGE> 11
DTE ENERGY COMPANY
CONSOLIDATING BALANCE SHEET
DECEMBER 31, 1999
Thousands of Dollars
<TABLE>
<CAPTION>
INTER-COMPANY
THE DETROIT ELIMINATIONS DTE
EDISON DTE AND ENERGY
COMPANY CAPITAL OTHER RECLASS- COMPANY
CONSOLIDATED CORPORATION SUBSIDIARIES IFICATIONS CONSOLIDATED
-----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ASSETS
Current Assets
Cash and cash equivalents $ 3,742 $ 17,129 $ 11,734 $ - $ 32,605
Restricted cash - - 130,768 - 130,768
Accounts receivable
Customer 316,429 - 71,254 - 387,683
Accrued unbilled revenues 166,003 - 7 - 166,010
Other 137,481 8,588 36,349 (38,562) 143,856
Inventories
Fuel 175,118 - - - 175,118
Materials and supplies 139,997 - 28,615 - 168,612
Other 29,293 - 75,912 - 105,205
---------------------------------------------------------------------
Total current assets 968,063 25,717 354,639 (38,562) 1,309,857
---------------------------------------------------------------------
Investments
Nuclear decommissioning trust funds 361,429 - - - 361,429
Other 33,780 467,636 4,081,031 (4,308,003) 274,444
---------------------------------------------------------------------
Total investments 395,209 467,636 4,081,031 (4,308,003) 635,873
---------------------------------------------------------------------
Property, Plant and Equipment
Property, plant and equipment 11,203,916 - 550,827 - 11,754,743
Property under capital leases 221,624 - 444 - 222,068
Nuclear fuel under capital lease 662,537 - - - 662,537
Construction work in progress 4,135 - 101,791 - 105,926
Less: accumulated depreciation and amortization (5,526,113) - (71,441) - (5,597,554)
---------------------------------------------------------------------
Total property, plant and equipment 6,566,099 - 581,621 - 7,147,720
---------------------------------------------------------------------
Regulatory Assets 2,934,805 - - 2,934,805
Other Assets 187,080 3,430 97,208 - 287,718
---------------------------------------------------------------------
TOTAL ASSETS $11,051,256 $ 496,783 $ 5,114,499 $(4,346,565) $12,315,973
=====================================================================
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Accounts payable $224,619 $ 90 $ 82,712 $ (34,625) $ 272,796
Accrued interest 54,110 3,092 - (92) 57,110
Dividends payable 79,816 - 74,696 (79,816) 74,696
Accrued payroll 89,833 - 7,422 - 97,255
Short-term borrowings 361,875 24,877 200 - 386,952
Income taxes 83,593 - (22,684) - 60,909
Current portion long-term debt 194,214 - 76,050 - 270,264
Current portion capital leases 75,099 - - - 75,099
Other 159,201 108 149,787 - 309,096
---------------------------------------------------------------------
Total current liabilities 1,322,360 28,167 368,183 (114,533) 1,604,177
---------------------------------------------------------------------
Other Liabilities
Deferred income taxes 1,878,842 - 45,270 - 1,924,112
Capital leases 113,573 - - - 113,573
Regulatory liabilities 262,151 - - - 262,151
Other 562,212 - (13,374) 15,772 564,610
---------------------------------------------------------------------
Total other liabilities 2,816,778 - 31,896 15,772 2,864,446
---------------------------------------------------------------------
Long-Term Debt 3,283,681 400,000 254,427 - 3,938,108
---------------------------------------------------------------------
Shareholders' Equity
Common stock 1,951,437 50,000 2,375,924 (2,427,349) 1,950,012
Retained earnings (deficit) 1,677,000 18,616 2,084,069 (1,820,455) 1,959,230
---------------------------------------------------------------------
Total shareholder's equity 3,628,437 68,616 4,459,993 (4,247,804) 3,909,242
---------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $11,051,256 $ 496,783 $ 5,114,499 $(4,346,565) $12,315,973
=====================================================================
</TABLE>
11
<PAGE> 12
DTE ENERGY COMPANY
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1999
Thousands of Dollars
<TABLE>
<CAPTION>
INTER-COMPANY
THE DETROIT ELIMINATIONS DTE
EDISON DTE AND ENERGY
COMPANY CAPITAL OTHER RECLASS- COMPANY
CONSOLIDATED CORPORATION SUBSIDIARIES IFICATIONS CONSOLIDATED
-----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
RETAINED EARNINGS (DEFICIT) AT
DECEMBER 31, 1998 $ 1,561,718 $ 12,348 $ 1,804,832 $(1,631,765) $ 1,747,133
Net income (loss) 434,510 6,268 550,736 (508,861) 482,653
Retirement of common stock - - - - -
Deduct:
Cash dividends on common stock (319,264) - (333,789) 354,264 (298,789)
Expense associated with preferred
stock redeemed - - - - -
Cash dividends on cumulative
preferred stock - - - - -
Other 36 - 62,290 (34,093) 28,233
-----------------------------------------------------------------------
RETAINED EARNINGS (DEFICIT) AT
DECEMBER 31, 1999 $ 1,677,000 $ 18,616 $ 2,084,069 $(1,820,455) $ 1,959,230
=======================================================================
</TABLE>
DTE ENERGY COMPANY
CONSOLIDATING STATEMENT OF INCOME
FOR THE YEAR ENDED DECEMBER 31, 1999
Thousands of Dollars
<TABLE>
<CAPTION>
INTER-COMPANY
THE DETROIT ELIMINATIONS DTE
EDISON DTE AND ENERGY
COMPANY CAPITAL OTHER RECLASS- COMPANY
CONSOLIDATED CORPORATION SUBSIDIARIES IFICATIONS CONSOLIDATED
--------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
OPERATING REVENUES $ 4,047,248 $ - $ 688,765 $ (8,152) $4,727,861
OPERATING EXPENSES
Fuel and purchased power 1,106,044 - 228,621 (250) 1,334,415
Operation and maintenance 1,027,294 1,034 459,526 (7,973) 1,479,881
Depreciation and amortization 702,971 - 32,252 - 735,223
Taxes other than income 275,206 156 1,859 - 277,221
------------------------------------------------------------------
Total operating expenses 3,111,515 1,190 722,258 (8,223) 3,826,740
------------------------------------------------------------------
OPERATING INCOME (LOSS) 935,733 (1,190) (33,493) 71 901,121
------------------------------------------------------------------
INTEREST EXPENSE AND OTHER
Interest expense 284,225 31,148 67,142 (41,960) 340,555
Other - net 6,177 (41,981) (497,445) 550,892 17,643
------------------------------------------------------------------
Total interest expense and other 290,402 (10,833) (430,303) 508,932 358,198
------------------------------------------------------------------
INCOME (LOSS) BEFORE TAXES 645,331 9,643 396,810 (508,861) 542,923
INCOME TAXES 210,821 3,375 (153,926) - 60,270
------------------------------------------------------------------
NET INCOME (LOSS) $ 434,510 $ 6,268 $ 550,736 $ (508,861) 482,653
==================================================================
Common Shares Outstanding - Average (Thousands) 145,047
Earnings Per Share of Common Stock $ 3.33
</TABLE>
12
<PAGE> 13
DTE ENERGY COMPANY
NOTES TO CONSOLIDATING FINANCIAL STATEMENTS
Entities for which financial statements are not presented.
The following affiliates of the Claimant have had no financial activity during
the calendar year 1999. Accordingly, financial information for these companies
is not provided.
DTE Center Point, Inc.
Great Lakes Energy Producers, Inc.
Great Lakes Energy Services, Inc.
Superior Energy Services, Inc.
DTE Enterprises, Inc.
DTE Holland, L.L.C.
DTE Generation, Inc.
DTE Energy Alternatives, Inc.
DTE Business Services, Inc.
DTE Resources, Inc.
DTE Services, Inc.
This report does not contain information for affiliates of the Claimant which
are accounted for using the equity method.
13
<PAGE> 14
EXHIBIT B
Financial Data Schedule
This schedule contains summary financial information extracted from DTE Energy
Company's consolidated balance sheet and statement of income as of December 31,
1999 contained herein and is qualified in its entirety by reference to such
financial statements.
Multiplier 1,000
Period Type Year
Fiscal Year End December 31, 1999
Period End December 31, 1999
Total Assets $12,315,973
Total Operating Revenues $ 4,727,861
Net Income $ 482,653
EXHIBIT C
An organizational chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
Not Applicable
14
