FORM U-3A-2
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.
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
SIGCORP, Inc.
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.SIGCORP, Inc. ("SIGCORP") is an investor-owned holding
company formed in 1995 under the laws of the State of
Indiana by Southern Indiana Gas and Electric Company
("SIGECO"), a combination gas and electric utility. On
January 1, 1996, SIGCORP became the parent of SIGECO,
pursuant to a corporate reorganization plan and also became
the parent of nonutility subsidiaries formerly owned by
SIGECO. SIGCORP is located in Evansville, Indiana. Its
principal subsidiary is SIGECO. SIGECO serves customers in
10 southwestern Indiana counties. Nonutility business
activities are conducted under separate subsidiaries.
SIGECO is an operating public utility incorporated on
June 10, 1912 under the laws of the State of Indiana. The
Company is located in Evansville, Indiana and is engaged in
the generation, transmission, distribution and sale of
electricity and the purchase, transportation, distribution
and sale of natural gas in southwestern Indiana. SIGECO
owns approximately 33% of the outstanding common stock of
Community Natural Gas Company, Inc. ("Community"), an
Indiana corporation, which is a small Indiana gas
distribution company with offices in Mt. Carmel, Illinois.
Community conducts its business in southwestern Indiana.
In January 1986 SIGECO formed Southern Indiana Properties,
Inc. ("SIPI"), an Indiana corporation, as a wholly owned
subsidiary. As of January 1, 1996, SIPI became a wholly-
owned subsidiary of SIGCORP. SIPI owns and manages certain
investment properties. SIPI is located in Evansville,
Indiana and has interests in the following:
A.Limited partnership interest in low income housing
developments (or projects) as follows:
a.50.0% in Multihousing I, II, III and IV, located in
three small communities in the Des Moines, Iowa area,
b.99.0% in House Investments - Martz Tax Credit Fund
I, located in four small communities in the Ft. Wayne,
Indiana area,
c.82.0% in House Investments - Martz Tax Credit Fund
II, located in four small communities in northwestern Ohio,
d.99.0% in Prestwick Square, located in Marion,
Indiana,
e.95.0% in Pleasant View Housing, located in Hanover,
Indiana,
f.50.0% in Paragus I, located in Indianapolis, Indiana
g.50.0% in Paragus II, located in Shelbyville,
Indiana,
h.99.0% in Lafayette Housing Associates, located in
Lafayette, Indiana,
i.88.3% in Bradford Run, located in Kokomo, Indiana,
j.99.0% in Martin Lamplighter, which owns various
properties located in communities in Illinois and Indiana,
B.0.25% limited partnership interest in Boston Financial
Qualified, an investment fund in connection with Boston
Housing III, located in Boston, Massachusetts, which invests
in low income housing projects nationwide,
C.50.0% general partnership interest in SIRO, an
equipment lessor, located in Evansville, Indiana,
D.100% interest in Southwest Lease Capital, Inc., an
Indiana corporation, located in Evansville, Indiana which
owns a 100.0% interest in Southern Indiana Joint Ventures,
Inc., a Delaware corporation, located in Evansville,
Indiana, which was organized to provide a vehicle to enter
into leveraged lease transactions. Southern Indiana Joint
Ventures, Inc. owns a 100% interest in the following
companies:
a.MCN Equities, Inc., a Delaware corporation, located
in Evansville, Indiana, which owns the beneficial interest
in a Grantor Trust, which owns an office building located in
Lombard, Illinois,
b.Joint Ventures Affiliated II, Inc., an Indiana
corporation, located in Evansville, Indiana, which owns a
9.3% undivided interest in a Grantor Trust, which owns a
pump storage reservoir, located in New Jersey.
E.100% of the beneficial interest in a Grantor Trust
which owns and leases railroad cars to Nederlandse
Spoorwegon (Dutch Rail), a Dutch Corporation, located in
Utrecht, Holland, engaged in rail transportation throughout
the Netherlands,
F.0.8% limited partnership interest in Ridgewood Electric
Power Trust II, which owns and operates small cogeneration
facilities in several different locales in the United
States,
G.100% interest in SIP-GT I, Inc., an Indiana
Corporation, located in Evansville, Indiana, which owns 100%
of the beneficial interest in a Grantor Trust, which owns
and leases a gas fired turbine generator to El Paso Electric
Company.
H.20.0% interest in Midwest Housing Investments IV, which
makes equity investments in affordable housing in primarily
the midwestern United States.
I.100% interest in SIP Diversified Holdings, Inc., a
Delaware Holding Company.
J.0.37919% limited partnership interest in Whitehall
Street Real Estate LTD. VI, a venture real estate fund.
In April 1994 SIGECO formed Energy Systems Group, Inc.
("ESGI"), an Indiana corporation, as a wholly owned
subsidiary. As of January 1, 1996, ESGI became a wholly-
owned subsidiary of SIGCORP. ESGI provides equipment,
lighting and related energy management design services to
industrial and commercial customers. In May 1997, ESGI, IGC
Energy (IGC) and Citizens By-Products Coal Company
(Citizens) formed ESG, LLC, an equally owned limited
liability corporation to continue to perform ESGI's
functions. In June 1997, SIGCORP sold two-thirds of its
interest in ESGI to IGC and Citizens, at which time, all of
the assets of ESGI were transferred to ESG, LLC.
In May 1994 SIGECO formed Southern Indiana Minerals, Inc.
("SIMI"), an Indiana corporation, as a wholly owned
subsidiary. As of January 1, 1996, SIMI became a wholly-
owned subsidiary of SIGCORP. SIMI processes and markets
coal combustion by-products. SIMI is located in Evansville,
Indiana.
In April 1995 SIGECO formed ComSource, Inc.
("ComSource"), an Indiana corporation, as a wholly owned
subsidiary. As of January 1, 1996, ComSource became a
wholly-owned subsidiary of SIGCORP. ComSource provides
Internet access and other communication services. In July
1998, all of the assets of ComSource were transferred to
SIGECO Advanced Communications, Inc., a wholly owned
subsidiary of SIGCORP, Inc.
In October 1996, SIGCORP formed SIGCORP Energy Services,
Inc. ("SES"), an Indiana corporation, as a wholly owned
subsidiary. SES markets natural gas and provides energy
management services to utilities, industrial users and other
large volume natural gas users. SES is located in
Evansville, Indiana.
In October 1996, SIGCORP formed SIGCORP Capital, Inc.
("SCI"), an Indiana corporation, as a wholly owned
subsidiary. SCI provides financing and cash management
services for SIGCORP's nonregulated subsidiaries. SCI is
located in Evansville, Indiana.
In December 1996, SIGCORP formed SIGCORP Power Marketing,
Inc. ("SPM"), an Indiana corporation, as a wholly owned
subsidiary. SPM, upon receiving regulatory approval, will
market electricity to regional utilities and power
marketers. SPM is located in Evansville, Indiana.
In December 1996, SIGCORP formed SIGCORP Fuels, Inc.
("SFI"), an Indiana corporation, as a wholly owned
subsidiary. SFI procures low-cost fuel supplies for SIGECO
and other coal consuming customers. SFI is located in
Evansville, Indiana.
In August 1997, SIGCORP Communications Services, Inc.
(SCSI) was formed to build high speed fiber-optic
communication networks for municipal utilities.
In April 1998, SIGCORP formed SIGECO Advanced
Communications, Inc. (SACI), an Indiana corporation, as a
wholly owned subsidiary. SACI provides investment funds for
building two-way fiber-optic based telecommunication
systems. SACI is located in Evansville, Indiana and has
interests in the following:
A. 49% limited partner in SIGECOM, LLC., an Indiana
corporation, which builds two-way fiber-
optic based telecommunication systems.
In November 1998, SIGCORP formed SIGCORP Environmental
Services, Inc. (ENVSVC),an Indiana corporation, as a wholly
owned subsidiary. ENVSVC is a joint venture with a
professional consulting firm (Environmental Management
Consultants, Inc.) to provide air quality monitoring and
testing services to utilities and other industries
throughout the region. ENVSVC is located in Evansville,
Indiana and has interests in the following:
A.51% limited partner in Air Quality Services, LLC., an
Indiana limited liability company, which provides air
quality monitoring and testing services to utilities and
other industries throughout the region.
2. The principal generating facilities of SIGECO include
the Culley Station with 406,000 kW of capacity and Warrick
Unit No. 4 with 135,000 kW of capacity, both located in
Warrick County near Yankeetown, Indiana; and the A. B. Brown
Station with 500,000 kW of capacity, located in Posey County
about eight miles east of Mt. Vernon, Indiana. These
facilities include six coal-fired generating units and have
a combined generating capacity of 1,041,000 kW.
SIGECO's Broadway Gas Turbine Units, with a capacity of
115,000 kW, are located in Evansville, Vanderburgh County,
Indiana. This generating facility is equipped to burn oil
and/or natural gas. These units generally are used only for
reserve, peaking or emergency purposes due to the higher
unit cost per kilowatt hour of generation when using oil or
gas as fuel.
SIGECO's Brown Gas Turbine I, with capacity of 80,000 kW,
is located at the A. B. Brown Station. The unit is fueled
by natural gas, although fuel oil can also be used if gas is
unavailable. The main function of the gas turbine is to
generate adequate power during times of peak demand.
However, it is also used to assist in maintaining voltage
support on the west end of the system, and can be used to
"black start" the Brown plant if a catastrophe should cause
a partial or total system blackout.
SIGECO also owns two gas fired turbine generating units
with a capacity of 20,000 kW, which are used for peaking and
emergency purposes only. These units are known as the
Northeast Gas Turbine Units and are located northeast of
Evansville, in Vanderburgh County, Indiana.
SIGECO's transmission system consists of 823 circuit
miles of 138,000 and 69,000 volt lines. The transmission
system also includes 26 substations with an installed
capacity of 3,897,700 kilovolt amperes. The electric
distribution system includes 3,188 pole miles of lower
voltage overhead lines and 211 trench miles of conduit
containing 1,271 miles of underground distribution cables.
The distribution system also includes 96 distribution
substations with an installed capacity of 2,001,384 kilovolt
amperes and 48,651 distribution transformers with an
installed capacity of 2,159,957 kilovolt amperes.
SIGECO owns and operates three underground gas storage
fields with an estimated ready delivery from storage
capability of 3.8 billion cubic feet of gas. The Oliver
Field, in service since 1954, is located in Posey County,
Indiana, about 13 miles west of Evansville; the Midway
Field, in service since 1966, is located in Spencer County,
Indiana, about 20 miles east of Evansville near Richland,
Indiana; and, the Monroe City Field, in service since 1958,
is located 10 miles east of Vincennes, Indiana.
SIGECO's gas transmission system includes 131 miles of
transmission mains, and the gas distribution system includes
2,751 miles of distribution mains.
The only utility property SIGECO owns outside of Indiana
is approximately eight miles of 138,000 volt electric
transmission line which is located in Kentucky and which
interconnects with Louisville Gas and Electric Company's
transmission system at Cloverport, Kentucky.
Community is a small gas utility that has several
noncontiguous service territories in southwestern Indiana.
Much of its service territory is adjacent to or near the gas
service territory of SIGECO. Community has 6,733 natural
gas customers consisting of residential, commercial,
industrial and public authority classes of service. Its gas
distribution system includes approximately 470 miles of
distribution mains. Community has no underground gas
storage facilities.
3.For the year ended December 31, 1998, SIGECO's retail
and wholesale electric sales totaled 6,859,182,000 kWh,
while its retail and transported gas sales totaled
28,964,771 Dth. SIGECO has no electric or gas retail sales
outside the State of Indiana. For this same period, SIGECO
had wholesale electric sales of 1,300,625,000 kWh to
utilities and power marketers located outside the state of
Indiana. SIGECO had no wholesale natural gas sales outside
of Indiana, or at the state line. During 1998, SIGECO
purchased 484,828,000 kWh of power from utilities and power
marketers located outside the state of Indiana. For the
year ended December 31, 1998, SIGECO's retail natural gas
sales totaled 11,615,735 Dth and 17,349,036 Dth of natural
gas was transported for end users for a total natural gas
sold and transported of 28,964,771 Dth, all of which was
distributed within the State of Indiana. For this same
period, SIGECO had no gas wholesale sales. During 1998,
SIGECO purchased for its system supply 12,949,575 Dth of
natural gas, 100% of its requirements, from 35 natural gas
suppliers.
For the year ended December 31, 1998, Community's retail
gas sales totaled 822,239 Dth, and no natural gas was
transported for end users resulting in a total gas sold and
transported of 822,239 Dth, all of which was distributed
within the State of Indiana. For this same period,
Community had no wholesale natural gas sales. During 1998,
Community received for its system supply 844,564 Dth of
natural gas from its four traditional pipeline suppliers,
Texas Gas Transmission Corporation, Texas Eastern
Corporation, ANR Pipeline and Midwestern Gas. The gas
purchased for its system was purchased through a broker.
4.SIGECO does not hold any interest in an exempt
wholesale generator or foreign utility company.
Exhibit A: Consolidating statement of income and surplus
of SIGCORP (and its subsidiary companies) for the year ended
December 31, 1998, together with a consolidating balance
sheet of SIGCORP (and its subsidiary companies) as of the
close of such calendar year.
Exhibit B: Financial data schedule.
The above named Company has caused this statement to be duly
executed on its behalf by its authorized officer on this
27th day of February, 1999.
SIGCORP, Inc.
By T. L. Burke
T. L. Burke
Secretary and Treasurer
ATTEST:
L. K. Tiemann
L. K. Tiemann
Assistant Secretary
The name, title and address of the officer to whom notice
and correspondence concerning this statement should be
addressed is:
T. L. Burke
Secretary and Treasurer
SIGCORP, Inc.
20 N.W. Fourth Street
Evansville, Indiana 47741-0001
<PAGE> 1 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, Inc.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
SIGECO SIPI SIMI ESGI SES
<S> <C> <C> <C> <C> <C>
ASSETS
Utility Plant at cost:
Electric 1,141,870 0 0 0 0
Gas 150,136 0 0 0 0
Accum Depr (593,901) 0 0 0 0
Cwip 24,306 0 0 0 0
Invest in Subsidiaries 0 0 0 0 0
Invest in Leveraged Leases 0 36,003 0 0 0
Invest in partnerships 0 20,181 0 696 0
Funds held by Trustee 4,300 0 0 0 0
Nonutility property & other 1,577 25,077 309 0 347
Cash and cash equivalents 512 2,572 32 1,116 537
Cash - Restricted 0 0 0 0 0
Temporary investments 0 792 0 0 0
Receivables, net 49,942 995 6 249 23,863
Notes recvble from assoc. co. 6 577 0 0 209
Fuel (coal and oil) 15,701 0 0 0 0
Materials and supplies 15,063 0 116 0 0
Allowance Inventory 5,133 0 0 0 0
Gas in underground storage 10,762 0 0 0 669
Other current assets 9,546 332 7 0 281
Unamort def. return on ABB#2 0 0 0 0 0
Unamort prem. on reacq. debt 4,705 0 0 0 0
Post-retire. ben. oblig. 2,764 0 0 0 0
Accum Deferred Income Taxes 0 0 0 0 0
Def Tax Asset-FASB109 0 0 0 0 0
Other deferred charges 39,490 479 448 0 0
Total 881,912 87,009 919 2,061 25,905
</TABLE>
<PAGE> 2 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
ComSource SCI SFI SCSI SACI
<S> <C> <C> <C> <C> <C>
ASSETS
Utility Plant at cost:
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Accum Depr 0 0 0 0 0
Cwip 0 0 0 0 0
Invest in Subsidiaries 0 30 873 0 10,550
Invest in Leveraged Leases 0 0 0 0 0
Invest in partnerships 0 0 0 0 0
Funds held by Trustee 0 0 0 0 0
Nonutility property & other 0 0 7,683 274 6
Cash and cash equivalents 0 0 20 277 0
Cash - Restricted 0 0 0 0 0
Temporary investments 0 0 0 0 0
Receivables, net 0 0 1,141 4,201 6,527
Notes recvble from assoc. co. 0 54,321 151 0 0
Fuel (coal and oil) 0 0 0 0 0
Materials and supplies 0 0 0 0 0
Allowance Inventory 0 0 0 0 0
Gas in underground storage 0 0 0 0 0
Other current assets 0 0 18 19 0
Unamort def. return on ABB#2 0 0 0 0 0
Unamort prem. on reacq. debt 0 0 0 0 0
Post-retire. ben. oblig. 0 0 0 0 0
Accum Deferred Income Taxes 0 0 0 0 0
Def Tax Asset-FASB109 0 0 0 0 0
Other deferred charges 0 0 497 3 0
Total 0 54,351 10,383 4,774 17,084
</TABLE>
<PAGE> 3 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
Elim Elim Consol
ENVSVC SIGCORP Dbts Cdts Total
<S> <C> <C> <C> <C> <C>
ASSETS
Utility Plant at cost:
Electric 0 0 0 0 1,141,870
Gas 0 0 0 0 150,136
Accum Depr 0 0 0 0 (593,901)
Cwip 0 0 0 0 24,306
Invest in Subsidiaries 87 355,790 206 356,023 11,512
Invest in Leveraged Leases 0 0 0 0 36,003
Invest in partnerships 0 0 0 0 20,877
Funds held by Trustee 0 0 0 0 4,300
Nonutility property & other 0 0 0 0 35,273
Cash and cash equivalents 1 (18) 0 0 5,049
Cash - Restricted 0 0 0 0 0
Temporary investments 0 0 0 0 792
Receivables, net 0 0 0 501 86,424
Notes recvble from assoc. co. 0 14,930 0 70,194 0
Fuel (coal and oil) 0 0 0 0 15,701
Materials and supplies 0 0 0 0 15,179
Allowance Inventory 0 0 0 0 5,133
Gas in underground storage 0 0 0 0 11,431
Other current assets 0 344 0 0 10,547
Unamort def. return on ABB#2 0 0 0 0 0
Unamort prem. on reacq. debt 0 0 0 0 4,705
Post-retire. ben. oblig. 0 0 499 0 3,263
Accum Deferred Income Taxes 0 0 0 0 0
Def Tax Asset-FASB109 0 0 0 0 0
Other deferred charges 0 0 0 0 40,918
Total 88 371,046 1,029,518
</TABLE>
<PAGE> 4 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
SIGECO SIPI SIMI ESGI SES
<S> <C> <C> <C> <C> <C>
EQUITY AND LIABILITIES
Common Stock (78,258) (1,000)(3,307) (1) (92)
Additional paid-in capital 0 (18,200) 0 (499) 0
Retained Earnings (241,924) (3,005) 3,507 (870) (927)
Treasury stock 0 0 0 0 0
Cumulative preferred stock (18,590) 0 0 0 0
Cum special preferred stock (808) 0 0 0 0
Long-term debt less cur mat. (169,762) 0 0 0 0
Long-term Partnership Ob 0 (781) 0 0 0
Current Por of Adj. Rte Bonds (53,700) 0 0 0 0
Notes payable (50,759) 0 0 0 0
Maturing long-term debt (45,000) 0 0 0 0
Maturing Partnership Obl 0 (1,577) 0 0 0
Accounts payable (28,127) (5) (13) (107) (20,316)
Notes pay to Assoc Company (14,930) (35,500) 0 0 (4,073)
Dividends payable (120) 0 0 0 0
Accrued taxes (4,772) 0 (50) (251) (9)
Accrued interest (4,676) 0 0 0 0
Refunds to customers (2,156) 0 0 0 0
Other accrued liabilities (18,544) 0 (1,055) (332) (488)
Accum def income taxes (118,147) (25,783) 0 0 0
Accum def ITC (18,801) 0 0 0 0
Regulatory liability - FAS 109 0 0 0 0 0
Post-retire. ben. Oblig (11,337) 0 0 0 0
Other (1,501) (1,158) 0 0 0
Total (881,912) (87,009) (919)(2,061) (25,905)
</TABLE>
<PAGE> 5 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
Comsource SCI SFI SCSI SACI
<S> <C> <C> <C> <C> <C>
EQUITY AND LIABILITIES
Common Stock 0 (10) (1) (501) 0
Additional paid-in capital 0 0 0 0 (10,655)
Retained Earnings 0 (67) 7 74 13
Treasury stock 0 0 0 0 0
Cumulative preferred stock 0 0 0 0 0
Cum special preferred stock 0 0 0 0 0
Long-term debt less cur mat. 0 (35,000) (9) 0 0
Long-term Partnership Ob 0 0 0 0 0
Current Por of Adj. Rte Bonds 0 0 0 0 0
Notes payable 0 (18,749) 0 0 0
Maturing long-term debt 0 0 0 0 0
Maturing Partnership Obl 0 0 0 0 0
Accounts payable 0 (67) (884)(3,142) (1)
Notes pay to Assoc Company 0 (2) (8,547)(1,002) (6,437)
Dividends payable 0 0 0 0 0
Accrued taxes 0 (0) (108) (133) (3)
Accrued interest 0 (450) (14) 0 0
Refunds to customers 0 0 0 0 0
Other accrued liabilities 0 (5) (826) (70) (1)
Accum def income taxes 0 0 0 0 0
Accum def ITC 0 0 0 0 0
Regulatory liability - FAS 109 0 0 0 0 0
Post-retire. ben. Oblig 0 0 0 0 0
Other 0 0 0 0 0
Total 0 (54,351) (10,383)(4,774) (17,084)
</TABLE>
<PAGE> 6 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
Elim Elim Consol
ENVSVC SIGCORP Dbts Cdts Total
<S> <C> <C> <C> <C> <C>
EQUITY AND LIABILITIES
Common Stock (1) (78,258) 83,170 0 (78,258)
Additional paid-in capital (88) 0 29,442 0 0
Retained Earnings 0 (292,717) 246,806 3,600 (292,704)
Treasury stock 0 0 0 0 0
Cumulative preferred stock 0 0 0 0 (18,590)
Cum special preferred stock 0 0 0 0 (808)
Long-term debt less cur mat. 0 0 0 0 (204,771)
Long-term Partnership Ob 0 0 0 0 (781)
Current Por of Adj. Rte Bonds 0 0 0 0 (53,700)
Notes payable 0 0 0 0 (69,508)
Maturing long-term debt 0 0 0 0 (45,000)
Maturing Partnership Obl 0 0 0 0 (1,577)
Accounts payable 0 (727) 0 0 (53,391)
Notes pay to Assoc Company 0 0 70,492 1 0
Dividends payable 0 0 0 0 (120)
Accrued taxes 0 758 789 1,084 (4,863)
Accrued interest 0 0 0 0 (5,140)
Refunds to customers 0 0 0 0 (2,156)
Other accrued liabilities 0 0 0 0 (21,320)
Accum def income taxes 0 (101) 0 0 (144,032)
Accum def ITC 0 0 0 0 (18,801)
Regulatory liability - FAS 109 0 0 0 0 0
Post-retire. ben. Oblig 0 0 0 0 (11,337)
Other 0 0 0 0 (2,659)
Total (88) (371,046) (1,029,518)
</TABLE>
<PAGE> 7 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
SIGECO SIPI SIMI ESGI SES
<S> <C> <C> <C> <C> <C>
INCOME STATEMENT
Operating Revenues
Electric (297,865) 0 0 0 0
Gas (66,801) 0 0 0 0
Energy services 0 0 0 0 (179,613)
Other 0 (963) (27) 0 0
Fuel for electric generation 68,849 0 0 0 0
Purchased electric energy 20,762 0 0 0 0
Cost of gas sold 39,627 0 0 0 0
Cost of energy svcs revenues 0 0 0 0 176,588
Cost of other revenues 0 649 131 0 0
Other operation expenses 56,001 780 991 25 1,919
Maintenance 37,398 0 130 0 12
Depreciation and amortization 42,401 189 57 0 36
Federal and state inc. tax. 25,035 (1,517) (588) 349 339
Property and other taxes 12,591 97 9 0 92
AFUDC (other) 73 0 0 0 0
Interest income (340) (3,702) (6) (22) (71)
Other, net (489) (5,180) (5) (921) 0
Interest on l-t debt 17,376 0 0 0 0
Amort. of prem/disc on debt 690 0 0 0 0
Other interest expense 2,615 2,749 0 0 155
AFUDC (borrowed) (1,465) 0 0 0 0
Preferred dividend requirement 1,095 0 0 0 0
NET INCOME (42,447) (6,900) 691 (568) (544)
</TABLE>
<PAGE> 8 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
Comsource SCI SFI SCSI SACI
<S> <C> <C> <C> <C> <C>
INCOME STATEMENT
Operating Revenues 0 0 0 0 0
Electric 0 0 0 0 0
Gas 0 0 0 0 0
Energy services 0 0 0 0 0
Other (597) 0 (17,868) (10,172) 0
Fuel for electric generation 0 0 0 0 0
Purchased electric energy 0 0 0 0 0
Cost of gas sold 0 0 0 0 0
Cost of energy svcs revenues 0 0 0 0 0
Cost of other revenues 668 0 13,659 9,215 0
Other operation expenses 322 19 1,051 826 31
Maintenance 2 0 7 3 0
Depreciation and amortization 3 0 26 20 0
Federal and state inc. tax. (192) 27 988 (5) (8)
Property and other taxes 26 0 115 32 2
AFUDC (other) 0 0 0 0 0
Interest income (0) (3,426) (27) (4) (30)
Other, net 8 0 0 0 0
Interest on l-t debt 0 228 0 0 0
Amort. of prem/disc on debt 0 0 0 0 0
Other interest expense 0 3,129 431 96 18
AFUDC (borrowed) 0 0 0 0 0
Preferred dividend requirement 0 0 0 0 0
NET INCOME 241 (23) (1,617) 9 13
</TABLE>
<PAGE> 9 of 9
Exhibit A
<TABLE>
<CAPTION>
SIGCORP, INC.
Consolidating Trial Balance
For Twelve Months Ending December 31,1998
Elim Elim Consol
ENVSVC SIGCORP Dbts Cdts Total
<S> <C> <C> <C> <C> <C>
INCOME STATEMENT
Operating Revenues
Electric 0 0 0 0 (297,865)
Gas 0 0 0 0 (66,801)
Energy services 0 0 0 0 (179,613)
Other 0 0 16,795 0 (12,833)
Fuel for electric generation 0 0 0 3,627 65,223
Purchased electric energy 0 0 0 0 20,762
Cost of gas sold 0 0 0 0 39,627
Cost of energy svcs revenues 0 0 0 0 176,588
Cost of other revenues 0 0 0 13,168 11,154
Other operation expenses 0 2,449 16 0 64,430
Maintenance 0 0 0 0 37,553
Depreciation and amortization 0 2 0 0 42,733
Federal and state inc. tax. 0 (417) 0 0 24,010
Property and other taxes 0 0 0 0 12,963
AFUDC (other) 0 0 0 0 73
Interest income 0 (1,366) 3,505 0 (5,488)
Other, net 0 0 0 16 (6,603)
Interest on l-t debt 0 0 0 0 17,604
Amort. of prem/disc on debt 0 0 0 0 690
Other interest expense 0 0 0 3,505 5,686
AFUDC (borrowed) 0 0 0 0 (1,465)
Preferred dividend requirement 0 0 0 0 1,095
NET INCOME 0 668 (50,476)
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EXHIBIT B
Item No. Caption Heading (in thousands)
1. Total Assets $ 1,029,518
2. Total Operating Revenues $ 557,111
3. Net Income $ 50,476
