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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U-33-S
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES
Filed under Section 33(e) of the
Public Utility Holding Company Act of 1935, as amended
For the fiscal year ended December 31, 1995
Filed pursuant to the Public Utility Holding Company Act of 1935 by
Texas Utilities Company
Energy Plaza
1601 Bryan Street
Dallas, Texas 75201
This Commission is requested to mail copies of all communications relating to
this Annual Report to:
Robert A. Wooldridge
Worsham, Forsythe & Wooldridge, L.L.P.
Energy Plaza
1601 Bryan Street, 30th Floor
Dallas, Texas 75201
April 23, 1996
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Texas Utilities Company (the "Company"), a Texas corporation and an
exempt holding company under the Public Utility Holding Company Act of 1935, as
amended (the "Act"), hereby files this Annual Report pursuant to Section 33(e)
of the Act.
ITEM 1. IDENTIFY EACH FOREIGN UTILITY COMPANY, STATE ITS LOCATION AND BUSINESS
ADDRESS, AND DESCRIBE THE FACILITIES IT UTILIZES FOR THE GENERATION,
TRANSMISSION AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE
DISTRIBUTION AT RETAIL OF NATURAL OR MANUFACTURED GAS. IDENTIFY EACH SYSTEM
COMPANY THAT HOLDS AN INTEREST IN THE COMPANY AND DESCRIBE THE INTEREST HELD.
Eastern Energy Limited ("Eastern Energy") is a company incorporated in the
State of Victoria, Australia. Its business address is Level 18, 452 Flinders
Street, Melbourne, Victoria, Australia.
Eastern Energy is a wholly owned subsidiary of Texas Utilities Australia Pty
Ltd ("TUA"). TUA is a wholly owned subsidiary of the Company.
TUA is located in Melbourne, Australia. Its business address is Level 49, 525
Collins Street, Melbourne, Victoria, Australia.
TUA does not directly own any facilities for generation, transmission or
distribution of electric energy.
Eastern Energy is engaged in the distribution and retailing of electric energy
for sale in the State of Victoria, Australia. For this purpose, Eastern Energy
has been issued with a distribution license and a retail license under the
Electricity Industry Act 1993, Victoria.
Eastern Energy's distribution area covers approximately 80,000 square
kilometers from the outer eastern Melbourne metropolitan area to the eastern
coastal areas of the State of Victoria and the Victorian/New South Wales State
border in the north. Eastern Energy's electrical distribution network
principally incorporates:
(a) subtransmission 66kV closed loops supplied from main grid
terminal station busses;
(b) 39 zone substations, where voltage is transformed from 66kV to
supply 22kV, with distribution feeder networks and capacitor
banks providing reactive support; and
(c) distribution transformers, where voltage is transformed to
415/240V.
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES - PAGE 2
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Eastern Energy's subtransmission system takes supply from high voltage
transmission grid terminal stations operated by Power Net Victoria ("PNV"), the
high voltage transmission licensee, and, through approximately 2,000 circuit
kms of overhead lines and 17,000 poles, conveys electricity to eastern Energy's
zone substations. The zone substations are located at various load centers
throughout Eastern Energy's distribution area. In general, the substations are
supplied by subtransmission lines from a 66kV PNV terminal station connection
point, or from other Eastern Energy zone substations.
In addition, Eastern Energy has approximately 9,000km of low voltage lines
(415/240V), installed both overhead and underground, and retail metering
facilities.
The network is predominantly an overhead, wood and concrete pole distribution
system comprising in total approximately 50,000 conductor kms of network and
associated assets.
ITEM 2. IDENTIFY ANY DEBT OR OTHER FINANCIAL OBLIGATION OF THE FOREIGN UTILITY
COMPANY FOR WHICH THERE IS RECOURSE DIRECTLY OR INDIRECTLY TO THE REPORTING
PUBLIC-UTILITY COMPANY OR, IF THE REPORTING COMPANY IS AN EXEMPT HOLDING
COMPANY, TO ANY SYSTEM COMPANY. IDENTIFY SEPARATELY ANY DIRECT OR INDIRECT
GUARANTEE OF A SECURITY OF A FOREIGN UTILITY COMPANY BY ANY SYSTEM COMPANY.
There is currently no debt or other financial obligation of either TUA or
Eastern Energy for which there is recourse to the Company or any other
subsidiary of the Company.
On December 1, 1995, Eastern Energy entered into a term credit facility and a
working capital facility with two syndicates of banks co-arranged by Bank of
America National Trust & Savings Association and Westpac Banking Corporation.
The term credit facility provides for borrowings up to A$1,200,000,000 and the
working capital facility provides for borrowings up to A$100,000,000. As
security for its obligations under each facility, Eastern Energy has charged in
favor of Westpac Banking Corporation, as trustee for each syndicate of banks,
all the property, assets and rights of Eastern Energy, both present and future.
TUA has provided certain limited undertakings in connection with the
facilities, relating to such matters as its ownership and control of Eastern
Energy. Neither TUA nor the Company has granted any security over its assets
in connection with the facilities.
ITEM 3. IDENTIFY ANY SERVICE, SALES OR CONSTRUCTION CONTRACT(S) BETWEEN A
FOREIGN UTILITY COMPANY AND THE REPORTING PUBLIC-UTILITY COMPANY OR, IF THE
REPORTING COMPANY IS AN EXEMPT HOLDING COMPANY, ANY SYSTEM COMPANY. DESCRIBE
THE SERVICES TO BE RENDERED OR GOODS SOLD, AND THE FEES OR REVENUES UNDER SUCH
CONTRACT(S).
There are currently no contracts or agreements between TUA, or Eastern Energy,
and the Company or any other subsidiary of the Company. However, TUA currently
receives certain management, accounting and administrative support services
from Texas Utilities Services Inc. ("TUSI"), a subsidiary of the Company.
Services are provided by TUSI at cost.
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES - PAGE 3
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EXHIBIT A. AN ORGANIZATIONAL CHART SHOWING THE RELATIONSHIP OF EACH FOREIGN
UTILITY COMPANY TO THE REPORTING PUBLIC- UTILITY COMPANY OR, IN THE EVENT THAT
THE REPORTING COMPANY IS AN EXEMPT HOLDING COMPANY, TO SYSTEM PUBLIC UTILITY
COMPANIES.
The organizational chart showing the relationship of Eastern Energy,
Ltd. to the Company system public- utility companies is incorporated
herein by reference and attached hereto as Exhibit A.
SIGNATURE
The undersigned company has duly caused this annual report to be
signed on its behalf by the undersigned thereunto duly authorized pursuant to
the requirements of the Public Utility Holding Company Act of 1935. The
signature of the undersigned company shall be deemed to relate only to matters
having reference to such company or its subsidiaries.
TEXAS UTILITIES COMPANY
By: \s\ James H. Scott
James H. Scott
Secretary/Assistant Treasurer
Date: April 23, 1996
ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES - PAGE 4
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EXHIBIT A
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| TEXAS UTILITIES COMPANY |
-----------------------------------
|
------------------------------------ | -------------------------------------
| DOMESTIC ASSOCIATE PUBLIC |-----------------| TEXAS UTILITIES |
| UTILITY COMPANIES | | | AUSTRALIA PTY, LTD |
------------------------------------ | -------------------------------------
| | |
- ------------------------------------ | ------------------------- | -------------------------- |
| TEXAS UTILITIES ELECTRIC COMPANY |--- -| SOUTHWESTERN ELECTRIC | | | EASTERN ENERGY LIMITED |------
| | | SERVICE COMPANY | | | |
- ------------------------------------ ------------------------- | --------------------------
|
|
------------------------------------- | -------------------------------------
| TEXAS UTILITIES SERVICES INC. |--------------| TEXAS UTILITIES FUEL COMPANY |
------------------------------------- | -------------------------------------
|
------------------------------------- | -------------------------------------
| TEXAS UTILITIES MINING COMPANY |--------------| BASIC RESOURCES INC. |
------------------------------------- | -------------------------------------
|
------------------------------------- | -------------------------------------
| CHACO ENERGY COMPANY |--------------| TEXAS UTILITIES PROPERTIES INC. |
------------------------------------- | -------------------------------------
|
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|TEXAS UTILITIES COMMUNICATIONS INC.|---------
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