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As Of Filer Filing For·On·As Docs:Size Issuer Agent 8/31/05 National Grid USA Service Co Inc U-13-60 3/31/05 1:519K National Grid USA |
Document/Exhibit Description Pages Size 1: U-13-60 P/E 3-31-05 HTML 386K
FORM U-13-60 |
Description of Schedules and Accounts
|
Schedule or Account No.
|
Page Number
|
|
COMPARATIVE BALANCE SHEET
|
Schedule I
|
4-5
|
|
|
Service company property
|
Schedule II
|
6-7
|
|
Accumulated provision for depreciation and amortization
of service company property
|
Schedule III
|
8
|
|
Investments
|
Schedule IV
|
9
|
|
Accounts receivable from associate
companies
|
Schedule V
|
10
|
|
Fuel stock expenses undistributed
|
Schedule VI
|
11
|
|
Stores expense undistributed
|
Schedule VII
|
12
|
|
Miscellaneous current and accrued
assets
|
Schedule VIII
|
13
|
|
Miscellaneous deferred debits
|
Schedule IX
|
14
|
|
Research, development, or demonstration
expenditures
|
Schedule X
|
15
|
|
Proprietary capital
|
Schedule XI
|
16
|
|
Long-term debt
|
Schedule XII
|
17
|
|
Current and accrued liabilities
|
Schedule XIII
|
18
|
|
Notes to financial statements
|
Schedule XIV
|
19
|
COMPARATIVE INCOME STATEMENT
|
Schedule XV
|
20
|
|
|
Analysis of billing - associate
companies
|
Account 457
|
21
|
|
Analysis of billing - nonassociate
companies
|
Account 458
|
22
|
|
Analysis of charges for service - associate and
nonassociate companies
|
Schedule XVI
|
23
|
|
Schedule of expense by department or service
function
|
Schedule XVII
|
24-26
|
|
Departmental analysis of salaries
|
Account 920
|
27
|
|
Outside services employed
|
Account 923
|
28-31
|
|
Employee pensions and benefits
|
Account 926
|
32
|
|
General advertising expenses
|
Account 930.1
|
33
|
|
Miscellaneous general expenses
|
Account 930.2
|
34
|
|
Rents
|
Account 931
|
35
|
|
Taxes other than income taxes
|
Account 408
|
36
|
|
Donations
|
Account 426.1
|
37-38
|
|
Other deductions
|
Account 426.5
|
39
|
|
Notes to statement of income
|
Schedule XVIII
|
40
|
|
LISTING OF INSTRUCTIONAL FILING
REQUIREMENTS
|
|
|
Description of Reports or Statements
|
|
|
|
ORGANIZATION CHART
|
|
41
|
|
METHODS OF ALLOCATION
|
|
42
|
|
ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL
BILLED
|
43
|
Account
|
Assets and Other Debits
|
Current
3/31/05 |
Prior
3/31/04 |
|
|
SERVICE COMPANY PROPERTY
|
|
|
|
101
|
Service company
property
(Schedule II) |
$29.3
|
$9.6
|
|
107
|
Construction work in
progress
(Schedule II) |
|
|
|
|
|
Total Property
|
$29.3
|
$9.6
|
108
|
Less accumulated provision for depreciation and
amortization of service company property
(Schedule III) |
(4.8)
|
(4.8)
|
|
|
|
Net Service Company Property
|
24.5
|
4.8
|
|
INVESTMENTS
|
|
|
|
123
|
Investments in associate
companies
(Schedule IV) |
|
|
|
124 & 128
|
Other Investments (Schedule IV)
|
145.2
|
136.8
|
|
|
|
Total Investments
|
145.2
|
136.8
|
|
CURRENT AND ACCRUED ASSETS
|
|
|
|
131
|
Cash
|
2.6
|
-
|
|
134
|
Special deposits
|
1.4
|
1.4
|
|
135
|
Working funds
|
.1
|
.1
|
|
136
|
Temporary cash investments (Schedule
IV)
|
|
|
|
141
|
Notes receivable from associate
companies
(Money Pool) |
14.0
|
.4
|
|
143
|
Accounts receivable
|
-
|
-
|
|
144
|
Accumulated provision for uncollectible
accounts
|
|
|
|
146
|
Accounts receivable from associate
companies
(Schedule V) |
155.4
|
144.4
|
|
152
|
Fuel stock expenses undistributed (Schedule
VI)
|
|
|
|
154
|
Materials and supplies
|
|
|
|
163
|
Stores expense undistributed (Schedule
VII)
|
|
|
|
165
|
Prepayments
|
7.7
|
10.6
|
|
174
|
Miscellaneous current and accrued
assets
(Schedule VIII) |
17.5
|
|
|
|
|
Total Current and Accrued Assets
|
198.6
|
156.9
|
|
DEFERRED DEBITS
|
|
|
|
181
|
Unamortized debt expense
|
|
|
|
184
|
Clearing accounts
|
|
|
|
186
|
Miscellaneous deferred debits (Schedule IX)
|
105.8
|
123.6
|
|
188
|
Research, development, or demonstration expenditures
(Schedule X)
|
|
|
|
190
|
Accumulated deferred income taxes
|
149.9
|
73.8
|
|
|
|
Total Deferred Debits
|
255.8
|
197.4
|
|
|
TOTAL ASSETS AND OTHER DEBITS
|
$624.1
|
$496.0
|
Account
|
Liabilities and Proprietary Capital
|
Current
3/31/05 |
Prior
3/31/04 |
|
|
PROPRIETARY CAPITAL
|
|
|
|
201
|
Common stock issued (Schedule XI)
|
|
|
|
211
|
Miscellaneous
paid-in-capital
(Schedule XI) |
$ 10.7
|
$ 10.7
|
|
215
|
Appropriated retained earnings (Schedule
XI)
|
|
|
|
216
|
Unappropriated retained earnings (Schedule
XI)
|
3.6
|
3.6
|
|
|
|
Total Proprietary Capital
|
14.3
|
14.3
|
|
LONG-TERM DEBT
|
|
|
|
223
|
Advances from associate companies (Schedule
XII
|
|
|
|
224
|
Other long-term debt (Schedule XII)
|
|
|
|
225
|
Unamortized premium on long-term debt
|
|
|
|
226
|
Unamortized discount on long-term debt-
debit
|
_____
|
_____
|
|
|
|
Total Long-Term Debt
|
_____
|
_____
|
|
CURRENT AND ACCRUED LIABILITIES
|
|
|
|
231
|
Notes payable
|
|
|
|
232
|
Accounts payable
|
51.7
|
43.3
|
|
233
|
Notes payable to associate
companies
(Schedule XIII) |
|
|
|
234
|
Accounts payable to associate
companies
(Schedule XIII) |
33.7
|
4.0
|
|
236
|
Taxes accrued
|
9.0
|
13.5
|
|
237
|
Interest accrued
|
|
|
|
238
|
Dividends declared
|
|
|
|
241
|
Tax collections payable
|
3.2
|
|
|
242
|
Miscellaneous current and accrued
liabilities
(Schedule XIII) |
26.6
|
25.3
|
|
|
|
Total Current and Accrued Liabilities
|
124.2
|
86.1
|
|
DEFERRED CREDITS
|
|
|
|
253
|
Other deferred credits
|
414.6
|
395.6
|
|
255
|
Accumulated deferred investment tax credits
|
|
|
|
|
|
Total Deferred Credits
|
414.6
|
395.6
|
282
|
ACCUMULATED DEFERRED INCOME TAXES
|
70.9
|
-
|
|
|
|
TOTAL LIABILITIES AND PROPRIETARY CAPITAL
|
$624.1
|
$496.0
|
DESCRIPTION |
BALANCE AT 3/31/04 |
ADDITIONS |
RETIREMENTS OR SALES |
OTHER (1) CHANGES |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
|
Account
|
|
|
|
|
|
301
|
Organization
|
|
|
|
|
|
303
|
Miscellaneous Intangible Plant
|
$0.1
|
|
|
|
$0.1
|
304
|
Land and Land Rights
|
|
|
|
|
|
305
|
Structures and Improvements
|
|
|
|
|
|
306
|
Leasehold Improvements
|
|
|
|
|
|
307
|
Equipment (2)
|
|
|
|
|
|
308
|
Office Furniture and Equipment
|
9.5
|
|
|
19.7
|
29.2
|
|
|
|
|
|
|
|
309
|
Automobiles, Other Vehicles and Related Garage
Equipment
|
|
|
|
|
|
310
|
Aircraft and Airport Equipment
|
|
|
|
|
|
311
|
Other Service Company Property (3)
|
____
|
|
|
____
|
____
|
|
SUB-TOTAL
|
$9.6
|
|
|
$19.7
|
$29.3
|
107
|
Construction Work in Progress (4)
|
____
|
|
|
|
____
|
|
TOTAL
|
$9.6
|
|
|
$19.7
|
$29.3
|
SUBACCOUNT DESCRIPTION
|
BALANCE
3/31/04 |
ADDITIONS
|
OTHER
CHANGES |
|
BALANCE AT CLOSE OF
YEAR
3/31/05 |
Capitalized lease for Computer Information
Systems
|
$4.3
|
|
$19.7
|
(A)
|
$24.0
|
TOTAL
|
$4.3
|
|
$19.7
|
|
$24.0
|
General Plant
|
|
|
|
|
|
Communication Software
|
.5
|
|
|
|
.5
|
Communication Equipment
|
4.8
|
|
|
|
4.8
|
TOTAL
|
5.3
|
|
|
|
5.3
|
TOTAL
|
$9.6
|
|
$19.7
|
|
$29.3
|
DESCRIPTION |
BALANCE AT 3/31/04 |
ADDITIONS CHARGED TO ACCT 403 |
RETIREMENTS |
OTHER CHANGES AND (DEDUCT)
(1)
|
BALANCE AT CLOSE OF YEAR 3/31/05 |
|
Account
|
|
|
|
|
|
|
301
|
Organization
|
|
|
|
|
|
303
|
Miscellaneous Intangible Plant
|
|
|
|
|
|
304
|
Land and Land Rights
|
|
|
|
|
|
305
|
Structures and Improvements
|
|
|
|
|
|
306
|
Leasehold Improvements
|
|
|
|
|
|
307
|
Equipment
|
|
|
|
|
|
308
|
Office Furniture and Equipment
|
$(4.8)
|
|
|
|
$(4.8)
|
309
|
Automobiles, Other Vehicles and Related Garage
Equipment
|
|
|
|
|
|
310
|
Aircraft and Airport Equipment
|
|
|
|
|
|
311
|
Other Service Company Property
|
|
|
|
|
|
|
TOTAL
|
$(4.8)
|
|
|
|
$(4.8)
|
DESCRIPTION |
BALANCE AT 3/31/04 |
BALANCE AT CLOSE OF YEAR
3/31/05
|
||
ACCOUNT 123 - INVESTMENT IN ASSOCIATE
COMPANIES
|
None
|
None
|
||
|
TOTAL
|
None
|
None
|
|
ACCOUNT 124 & 128 - OTHER
INVESTMENTS
|
|
|
||
|
Supplemental Retirement/Deferred
|
|
|
|
|
Compensation Plan Trust Fund
|
$85.4
|
$88.2
|
|
|
General American Life Insurance Company
-
|
|
|
|
|
Net Cash Surrender Value
|
12.6
|
14.4
|
|
|
Confederation Life Insurance Company -
|
|
|
|
|
Net Cash Surrender Value
|
2.7
|
2.9
|
|
|
Aurora National Life Assurance Company
-
|
|
|
|
|
Net Cash Surrender Value
|
6.8
|
7.4
|
|
|
Metropolitan Life Insurance Company -
|
|
|
|
|
Net Cash Surrender Value
|
6.5
|
7.5
|
|
|
Pacific Mutual Life Insurance Company -
|
|
|
|
|
Deferred Compensation - Life Insurance
|
|
|
|
|
Investments & Net Cash Surrender
Value
|
(1.5)
|
(3.2)
|
|
|
Security Life of Denver
|
|
|
|
|
Net Cash Surrender Value
|
5.9
|
9.0
|
|
|
Guardian Life Insurance Company
|
|
|
|
|
Net Cash Surrender Value
|
2.5
|
.8
|
|
|
Allmerica Financial Life Insurance
Company
|
|
|
|
|
Net Cash Surrender Value
|
4.4
|
4.5
|
|
|
New York Life Insurance Company
|
|
|
|
|
Net Cash Surrender Value
|
4.1
|
4.7
|
|
|
CRG Life Insurance Company
|
|
|
|
|
Net Cash Surrender Value
|
2.6
|
2.9
|
|
|
AEGON Life Insurance Company
|
|
|
|
|
Net Cash Surrender Value
|
4.8
|
6.1
|
|
|
TOTAL
|
$136.8
|
$145.2
|
|
ACCOUNT 136 - TEMPORARY CASH
INVESTMENTS
|
|
|
||
|
See Note A, Schedule XIV
|
|
|
|
|
TOTAL
|
|
|
DESCRIPTION |
BALANCE AT 3/31/04 |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
ACCOUNT 146 -ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES
|
|
||
|
National Grid USA (Trust)
|
$1.1
|
$4.6
|
|
Nantucket Electric Company
|
(.2)
|
1.5
|
|
Massachusetts Electric Company
|
55.2
|
64.1
|
|
New England Hydro-Trans. Electric Co.,
Inc.
|
0.1
|
0.1
|
|
New Hampshire Hydro-Trans. Corp.
|
0.2
|
0.1
|
|
New England Power Company
|
33.9
|
35.6
|
|
New England Electric Transmission
|
-
|
0.1
|
|
Yankee Atomic Electric Company
|
0.1
|
0.1
|
|
Granite State Electric Company
|
2.3
|
2.2
|
|
The Narragansett Electric Company
|
33.8
|
26.9
|
|
Grid UK Billing
|
-
|
6.1
|
|
NEES Communications, Inc
|
0.1
|
-
|
|
GRID Communications, Inc
|
0.3
|
-
|
|
GridCom Cons
|
-
|
0.1
|
|
Niagara Mohawk Power Corp.
|
16.5
|
13.2
|
|
Grid America Holdings
|
0.3
|
0.3
|
|
Grid America LLC
|
0.8
|
0.4
|
|
National Grid Transco - Other
Affiliates
|
(0.1)
|
-
|
|
TOTAL
|
$144.4
|
$155.4
|
|
|
||
ANALYSIS OF CONVENIENCE OR ACCOMMODATION
PAYMENTS:
|
TOTAL PAYMENTS
|
||
|
National Grid USA (Trust)
|
$7.3
|
$0.3
|
|
Nantucket Electric Company
|
0.8
|
2.5
|
|
Massachusetts Electric Company
|
28.5
|
58.8
|
|
New England Hydro-Trans. Electric Co.,
Inc.
|
0.3
|
0.1
|
|
New England Hydro Finance
|
-
|
0.1
|
|
New England Power Company
|
18.9
|
37.6
|
|
New England Electric Transmission
Corporation
|
0.1
|
-
|
|
Niagara Mohawk Power Corp
|
117.7
|
37.1
|
|
Granite State Electric Company
|
0.6
|
2.0
|
|
The Narragansett Electric Company
|
2.3
|
23.9
|
|
NEES Communications, Inc.
|
0.3
|
-
|
|
NEES Communications Billing
|
0.2
|
-
|
|
Grid America Holdings
|
2.4
|
-
|
|
GridAmerica LLC
|
-
|
0.2
|
|
National Grid Transco - Other
Affiliates
|
2.6
|
0.3
|
|
TOTAL PAYMENTS
|
$182.0
|
$162.9
|
DESCRIPTION
|
LABOR
|
EXPENSES
|
TOTAL
|
|
ACCOUNT 152 - FUEL STOCK EXPENSES
UNDISTRIBUTED
|
None
|
None
|
None
|
|
|
TOTAL
|
None
|
None
|
None
|
|
|
|
|
DESCRIPTION
|
LABOR
|
EXPENSES
|
TOTAL
|
|
ACCOUNT 163 - STORES EXPENSE
UNDISTRIBUTED
|
None
|
None
|
None
|
|
|
TOTAL
|
None
|
None
|
None
|
DESCRIPTION |
BALANCE AT 3/31/04 |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
ACCOUNT 174 - MISCELLANEOUS CURRENT AND ACCRUED
ASSETS
|
|
|
|
|
Unbilled computer information systems costs
|
-
|
$17,092
|
|
Unbilled fiber optic project
|
-
|
547
|
|
Building and grounds improvements
|
-
|
239
|
|
Unbilled costs to unrelated parties
|
-
|
104
|
|
|
|
|
|
MISCELLANEOUS (42 ITEMS)
|
|
|
|
Items Under $10,000
|
-
|
(462)
|
|
TOTAL
|
None
|
$17,520
|
DESCRIPTION |
BALANCE AT 3/31/04 |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS
|
|
||
|
Unbilled Computer Information Systems
Costs
|
$30,312
|
$9,208
|
|
Unbilled Shared Microwave System
Expenses
|
1,936
|
1,683
|
|
Other
|
44
|
300
|
|
Prepaid Pension Costs
|
91,333
|
94,642
|
|
TOTAL
|
$123,625
|
$105,833
|
DESCRIPTION
|
AMOUNT
|
|
ACCOUNT 188 - RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES
|
None
|
|
|
TOTAL
|
None
|
ACCOUNT NUMBER
|
CLASS OF STOCK |
NUMBER OF SHARES AUTHORIZED |
PAR OR STATED VALUE PER
SHARE
|
OUTSTANDING CLOSE OF PERIOD |
|
|
|
|
|
NO. OF SHARES
|
TOTAL AMOUNT
|
201
|
COMMON STOCK ISSUED
|
4,000
|
$25
|
3
|
$75
|
DESCRIPTION
|
AMOUNT
|
|
ACCOUNT 211 - MISCELLANEOUS PAID-IN
CAPITAL
|
|
|
|
Capital contributions from National Grid USA, the
holding company (SEC File No. 70-9673):
|
$5.0
|
|
Adjustments relating to acquisition by National Grid
Group and merger of EUA Service Company
|
5.7
|
ACCOUNT 215 - APPROPRIATED RETAINED
EARNINGS
|
None
|
|
|
TOTAL
|
$10.7
|
DESCRIPTION |
BALANCE AT 3/31/04 |
NET INCOME OR (LOSS) |
DIVIDENDS PAID |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
ACCOUNT 216 - UNAPPROPRIATED RETAINED
EARNINGS
|
|||||
Retained earnings
|
$.5
|
$.5
|
($.5)
|
$.5
|
|
Other Comprehensive income (B)
|
3.1
|
|
|
3.1
|
|
|
TOTAL
|
$3.6
|
$.5
|
($.5)
|
$3.6
|
NAME OF CREDITOR |
TERMS OF OBLIG CLASS & SERIES OF
OBLIGATION
|
DATE OF MATURITY |
INTEREST RATE |
AMOUNT AUTHORIZED |
BALANCE AT 3/31/04 |
ADDITIONS |
DEDUCTIONS (1) |
BALANCE AT CLOSE OF YEAR
3/31/05
|
ACCOUNT 223 - ADVANCES FROM ASSOCIATE
COMPANIES:
|
|
|
|
None
|
None
|
|
None
|
None
|
ACCOUNT 224 - OTHER LONG-TERM DEBT:
|
|
|
|
None
|
None
|
|
None
|
None
|
|
|
|
|
None
|
None
|
|
None
|
None
|
DESCRIPTION |
BALANCE AT 3/31/04 |
BALANCE AT CLOSE OF YEAR
3/31/05
|
|
ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES See
Note A, Schedule XIV
|
|
|
|
|
TOTAL
|
|
|
ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE
COMPANIES
|
|
|
|
|
National Grid USA (Trust)
|
$ 2,459
|
$ 10,080
|
|
Nantucket Electric Company
|
3
|
188
|
|
Massachusetts Electric Company
|
900
|
10,286
|
|
New England Hydro - MA
|
-
|
92
|
|
New Hampshire Hydro
|
-
|
15
|
|
New England Power Company
|
(2)
|
3,330
|
|
New England Electric Trans
|
-
|
17
|
|
Granite State Electric Company
|
2
|
108
|
|
The Narragansett Electric Company
|
170
|
1,209
|
|
Wayfinder
|
-
|
7
|
|
Grid UK Billing
|
-
|
2,548
|
|
GridCom Cons
|
(116)
|
109
|
|
Grid America Hold
|
-
|
5
|
|
GridAmerica LLC
|
-
|
59
|
|
Niagara Mohawk Power Corp.
|
564
|
5,643
|
|
TOTAL
|
$3,980
|
$33,696
|
ACCOUNT 242 -MISCELLANEOUS CURRENT AND ACCRUED
LIABILITIES
|
|
|
|
|
NGUSA Goals
|
$ 4,042
|
$ 7,163
|
|
Property Under Capital Lease
|
3,770
|
6,408
|
|
Healthcare Costs & Accrued Compensation
|
1,291
|
1,641
|
|
Accrued Payroll and Vacation Costs
|
15,630
|
11,176
|
|
Other Accounts Payable
|
533
|
199
|
|
TOTAL
|
$25,266
|
$26,587
|
|
|
|
|
Investments in the Pool:
|
|
||
|
National Grid USA (Trust)
|
$ 380,425
|
|
|
Nantucket
|
700
|
|
|
New England Power Company
|
307,325
|
|
|
Granite State Electric Company
|
9,875
|
|
|
EUA Energy Investments
|
21,325
|
|
|
National Grid USA Service Company
|
13,950
|
$ 733,600
|
|
|
|
|
Borrowings from the Pool:
|
|
|
|
|
Massachusetts Electric Company
|
$ 291,300
|
|
|
MA New England Hydro-Trans. Electric Co.,
Inc.
|
875
|
|
|
NH New England Hydro-Trans. Electric Co.,
Inc.
|
1,325
|
|
|
New England Electric Trans. Corp
|
1,900
|
|
|
Niagara Mohawk Power Corporation
|
400,500
|
|
|
Narragansett Electric Company
|
37,700
|
$ 733,600
|
ACCOUNT |
DESCRIPTION |
CURRENT YEAR
3/31/05 |
PRIOR
YEAR 3/31/04 |
|
INCOME
|
|
|
457
|
Services rendered to associate companies
|
$400.8
|
$442.2
|
458
|
Services rendered to non-associate companies
|
-
|
-
|
421
|
Miscellaneous income or loss
|
|
|
|
TOTAL INCOME
|
$400.8
|
$442.2
|
|
EXPENSE
|
|
|
920
|
Salaries and wages
|
$167.6
|
$ 158.9
|
921
|
Office supplies and expenses
|
74.1
|
96.7
|
922
|
Administrative expense transferred - credit
|
-
|
-
|
923
|
Outside services employed
|
70.0
|
45.2
|
924
|
Property insurance
|
2.9
|
1.1
|
925
|
Injuries and damages
|
8.6
|
8.0
|
926
|
Employee pensions and benefits
|
50.9
|
97.7
|
928
|
Regulatory commission expense
|
-
|
-
|
930.1
|
General advertising expenses
|
-
|
-
|
930.2
|
Miscellaneous general expenses
|
2.1
|
1.6
|
931
|
Rents
|
16.6
|
16.2
|
932
|
Maintenance of structures and equipment
|
|
-
|
403
|
Depreciation and amortization expense
|
|
-
|
408
|
Taxes other than income taxes
|
12.2
|
11.7
|
409
|
Income taxes
|
(4.6)
|
16.6
|
410
|
Provision for deferred income taxes
|
(2.8)
|
|
411
|
Provision for deferred income taxes - credit
|
1.2
|
(14.0)
|
411.5
|
Investment tax credit
|
|
|
419
|
Interest income
|
|
|
426.1
|
Donations
|
.6
|
.9
|
426.5
|
Other deductions
|
|
|
427
|
Interest on long-term debt
|
|
|
430
|
Interest on debt to associate companies
|
-
|
(.1)
|
431
|
Other interest expense
|
.9
|
1.2
|
|
TOTAL EXPENSE
|
$400.3
|
$441.7
|
|
NET INCOME OR (LOSS)
|
$ .5
|
$ .5
|
NAME OF ASSOCIATE
COMPANY
|
DIRECT COSTS CHARGED
457-1
|
INDIRECT COSTS CHARGED
457-2
|
COMPENSATION FOR USE OF CAPITAL
457-3
|
TOTAL AMOUNT BILLED
|
|
|
|
|
|
|
|
National Grid USA
|
$ 7.6
|
$ 0.0
|
($0.1)
|
$ 7.5
|
|
Nantucket Electric Company
|
2.1
|
-
|
-
|
2.1
|
|
Massachusetts Electric Company
|
138.0
|
2.7
|
(1.6)
|
139.1
|
|
New England Hydro-Transmission Electric Co.,
Inc.
|
3.9
|
0.1
|
-
|
4.0
|
|
New England Hydro-Transmission Corp.
|
1.4
|
-
|
-
|
1.4
|
|
New England Power Company
|
50.2
|
1.4
|
(0.8)
|
50.8
|
|
New England Electric Transmission Corp.
|
0.8
|
-
|
-
|
0.8
|
|
Niagara Mohawk Power Corp
|
126.7
|
1.8
|
(1.2)
|
127.3
|
|
Granite State Electric Company
|
5.0
|
0.1
|
-
|
5.1
|
|
The Narragansett Electric Company
|
51.5
|
1.0
|
(0.6)
|
51.9
|
|
Wayfinder Group, Inc.
|
0.1
|
-
|
-
|
0.1
|
|
National Grid UK
|
2.6
|
0.1
|
-
|
2.7
|
|
GridCom Consol
|
3.9
|
0.1
|
-
|
4.0
|
|
Grid America Holdings
|
2.0
|
-
|
-
|
2.0
|
|
Grid America LLC
|
2.0
|
-
|
-
|
2.0
|
|
|
|
|
|
|
|
|
TOTAL
|
$397.8
|
$7.3
|
$(4.3)
|
$400.8
|
NAME OF NONASSOCIATE
COMPANY
|
DIRECT COST CHARGED 458-1
|
INDIRECT COST CHARGED
458-2 |
COMPENSATION FOR USE OF CAPITAL
458-3
|
TOTAL COST
|
EXCESS OR DEFICIENCY
458-4
|
TOTAL AMOUNT BILLED
|
|
Other
|
$0.0
|
|
|
$0.0
|
|
$0.0
|
|
|
|
|
|
|
|
|
|
|
TOTAL
|
$ 0.0
|
|
|
$ 0.0
|
|
$ 0.0
|
|
|
ASSOCIATE COMPANY
CHARGES
|
NONASSOCIATE COMPANY
CHARGES
|
TOTAL CHARGES FOR
SERVICE
|
||||||
|
|
Direct Cost
|
Indirect Cost
|
Total
|
Direct Cost
|
Indirect Cost
|
Total
|
Direct Cost
|
Indirect Cost
|
Total
|
920
|
Salaries and Wages
|
$166.4
|
$1.2
|
$167.6
|
$0.0
|
$0.0
|
$0.0
|
$166.4
|
$1.2
|
$167.6
|
921
|
Office Supplies and Expenses
|
72.9
|
1.2
|
74.1
|
0.0
|
0.0
|
0.0
|
72.9
|
1.2
|
74.1
|
922
|
Administrative Expense transferred
credit
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
923
|
Outside Services Rendered
|
69.9
|
0.1
|
70.0
|
0.0
|
0.0
|
0.0
|
69.9
|
0.1
|
70.0
|
924
|
Property Insurance
|
2.9
|
0.0
|
2.9
|
0.0
|
0.0
|
0.0
|
2.9
|
0.0
|
2.9
|
925
|
Injuries and Damages
|
8.6
|
0.0
|
8.6
|
0.0
|
0.0
|
0.0
|
8.6
|
0.0
|
8.6
|
926
|
Employee Pensions and Benefits
|
44.9
|
6.0
|
50.9
|
0.0
|
0.0
|
0.0
|
44.9
|
6.0
|
50.9
|
928
|
Regulatory Commission Expense
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
930.1
|
General Advertising Expense
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
930.2
|
Miscellaneous General Expense
|
2.1
|
0.0
|
2.1
|
0.0
|
0.0
|
0.0
|
2.1
|
0.0
|
2.1
|
931
|
Rents
|
16.2
|
0.4
|
16.6
|
0.0
|
0.0
|
0.0
|
16.2
|
0.4
|
16.6
|
932
|
Maintenance of Structures and Equipment
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
403
|
Depreciation & Amortization Expense
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
408
|
Taxes Other Than Income Taxes
|
11.1
|
1.1
|
12.2
|
0.0
|
0.0
|
0.0
|
11.1
|
1.1
|
12.2
|
409
|
Income Taxes
|
(5.6)
|
1.0
|
(4.6)
|
0.0
|
0.0
|
0.0
|
(5.6)
|
1.0
|
(4.6)
|
410
|
Provisions for Deferred Income Taxes
|
(2.8)
|
0.0
|
(2.8)
|
0.0
|
0.0
|
0.0
|
(2.8)
|
0.0
|
(2.8)
|
411
|
Provisions for Deferred Income Taxes-Credit
|
2.1
|
(0.9)
|
1.2
|
0.0
|
0.0
|
0.0
|
2.1
|
(0.9)
|
1.2
|
411.5
|
Investment Tax Credit
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
419
|
Interest Income
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
426.1
|
Donations
|
0.6
|
0.0
|
0.6
|
0.0
|
0.0
|
0.0
|
0.6
|
0.0
|
0.6
|
426.5
|
Other Donations
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
427
|
Interest on Long-Term Debt
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
431
|
Other Interest Expense
|
1.1
|
(0.2)
|
0.9
|
0.0
|
0.0
|
0.0
|
1.1
|
(0.2)
|
0.9
|
|
TOTAL EXPENSES
|
$390.4
|
$9.9
|
$400.3
|
0.0
|
$0.0
|
0.0
|
$390.4
|
$9.9
|
$400.3
|
|
Compensation for use of Equity Capital
|
|
|
0.5
|
|
|
0.0
|
|
|
0.5
|
430
|
Interest on Debt to Associate Companies
|
|
|
0.0
|
|
|
0.0
|
|
|
0.0
|
|
TOTAL COST OF SERVICE
|
|
|
$400.8
|
|
|
$0.0
|
|
|
$400.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DESCRIPTION OF ITEMS
|
TOTAL AMOUNT
|
OVERHEAD
|
01
|
02
|
03
|
04
|
05
|
06
|
07
|
920
|
Salaries and wages
|
$167.6
|
|
$4.5
|
$11.0
|
$17.3
|
$6.9
|
$10.4
|
$3.6
|
$26.4
|
921
|
Office supplies and expenses
|
$74.1
|
|
$4.2
|
$8.3
|
$4.6
|
$1.5
|
$1.3
|
$1.2
|
$29.3
|
922
|
Administrative expense
transferred-credit
|
$0.0
|
|
|
|
|
|
|
|
|
923
|
Outside services employed
|
$70.0
|
|
$8.5
|
$3.5
|
$9.3
|
$1.4
|
$2.6
|
$1.6
|
$11.6
|
924
|
Property insurance
|
$2.9
|
|
|
|
|
|
|
|
|
925
|
Injuries and damages
|
$8.6
|
|
$0.9
|
|
|
|
|
$2.2
|
|
926
|
Employee pensions and benefits
|
$50.9
|
|
|
|
|
|
|
$50.8
|
|
928
|
Regulatory commission expense
|
$0.0
|
|
|
|
|
|
|
|
|
930.1
|
General advertising expenses
|
$0.0
|
|
|
|
|
|
|
|
|
930.2
|
Miscellaneous general expense
|
$2.1
|
|
$0.2
|
|
|
|
|
|
|
931
|
Rents
|
$16.6
|
|
$0.6
|
$0.2
|
$0.6
|
|
|
$1.3
|
$2.6
|
932
|
Maintenance of structures and equipment
|
|
|
|
|
|
|
|
|
|
403
|
Depreciation and amortization expense
|
|
|
|
|
|
|
|
|
|
408
|
Taxes other than income taxes
|
$12.2
|
$0.7
|
$10.2
|
$0.1
|
$0.1
|
$0.1
|
$0.1
|
$0.1
|
$0.2
|
409
|
Income taxes
|
($4.6)
|
($6.0)
|
|
|
|
|
|
|
|
410
|
Provision for deferred income taxes
|
($2.8)
|
($2.9)
|
|
|
|
|
|
|
|
411
|
Provision for deferred income taxes-
credit
|
$1.2
|
$2.1
|
|
|
|
|
|
|
|
411.5
|
Investment tax credit
|
|
|
|
|
|
|
|
|
|
419
|
Interest income
|
|
|
|
|
|
|
|
|
|
426.1
|
Donations
|
$0.6
|
|
$0.3
|
|
|
|
|
$0.1
|
$0.1
|
426.5
|
Other deductions
|
|
|
|
|
|
|
|
|
|
427
|
Interest on long term debt
|
|
|
|
|
|
|
|
|
|
430
|
Interest on debt to associate companies
|
|
|
|
|
|
|
|
|
|
431
|
Other interest expense
|
$0.9
|
$0.4
|
$0.4
|
|
|
|
|
($0.2)
|
$0.1
|
|
TOTAL EXPENSES
|
$400.3
|
$(5.7)
|
$29.8
|
$23.1
|
$31.9
|
$9.9
|
$14.4
|
$60.7
|
$70.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DESCRIPTION OF ITEMS
|
08
|
09
|
10
|
11
|
12
|
13
|
14
|
15
|
16
|
17
|
920
|
Salaries and wages
|
$3.3
|
$1.3
|
$21.0
|
$3.1
|
$21.8
|
$1.1
|
$10.9
|
$6.9
|
$1.2
|
$1.6
|
921
|
Office supplies and expenses
|
$2.4
|
$0.1
|
$2.2
|
$1.1
|
$2.9
|
$0.1
|
$10.9
|
$0.7
|
$0.9
|
|
922
|
Administrative expense
transferred-credit
|
|
|
|
|
|
|
|
|
|
|
923
|
Outside services employed
|
$1.4
|
$0.2
|
$7.0
|
$3.0
|
$2.5
|
$0.2
|
$5.3
|
$7.2
|
$0.1
|
|
924
|
Property insurance
|
|
|
|
$2.9
|
|
|
|
|
|
|
925
|
Injuries and damages
|
|
|
|
$5.4
|
|
|
|
|
|
|
926
|
Employee pensions and benefits
|
|
|
$0.1
|
|
|
|
|
|
|
|
928
|
Regulatory commission expense
|
|
|
|
|
|
|
|
|
|
|
930.1
|
General advertising expenses
|
|
|
|
|
|
|
|
|
|
|
930.2
|
Miscellaneous general expense
|
|
$0.8
|
|
|
$0.2
|
|
$0.9
|
|
|
|
931
|
Rents
|
|
|
$0.1
|
$0.1
|
$4.3
|
|
$1.2
|
$0.1
|
|
|
932
|
Maintenance of structures and equipment
|
|
|
|
|
|
|
|
|
|
|
403
|
Depreciation and amortization expense
|
|
|
|
|
|
|
|
|
|
|
408
|
Taxes other than income taxes
|
|
|
$0.1
|
|
$0.1
|
|
$0.1
|
$0.1
|
|
|
409
|
Income taxes
|
|
|
|
|
$1.4
|
|
|
|
|
|
410
|
Provision for deferred income taxes
|
|
|
|
|
$0.1
|
|
|
|
|
|
411
|
Provision for deferred income taxes-
credit
|
|
|
|
|
($0.9)
|
|
|
|
|
|
411.5
|
Investment tax credit
|
|
|
|
|
|
|
|
|
|
|
419
|
Interest income
|
|
|
|
|
|
|
|
|
|
|
426.1
|
Donations
|
|
|
|
|
|
|
|
|
$0.1
|
|
426.5
|
Other deductions
|
|
|
|
|
|
|
|
|
|
|
427
|
Interest on long term debt
|
|
|
|
|
|
|
|
|
|
|
430
|
Interest on debt to associate companies
|
|
|
|
|
|
|
|
|
|
|
431
|
Other interest expense
|
|
|
|
|
$0.2
|
|
|
|
|
|
|
TOTAL EXPENSES
|
$7.1
|
$2.4
|
$30.5
|
$15.6
|
$32.6
|
$1.4
|
$29.3
|
$15.0
|
$2.3
|
$1.6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DESCRIPTION OF ITEMS
|
18
|
19
|
20
|
21
|
22
|
920
|
Salaries and wages
|
$6.9
|
$2.7
|
$2.1
|
$3.1
|
$0.5
|
921
|
Office supplies and expenses
|
$0.2
|
$0.1
|
$0.8
|
$1.0
|
$0.3
|
922
|
Administrative expense
transferred-credit
|
|
|
|
|
|
923
|
Outside services employed
|
$0.2
|
$0.1
|
$0.1
|
$3.6
|
$0.6
|
924
|
Property insurance
|
|
|
|
|
|
925
|
Injuries and damages
|
|
|
$0.1
|
|
|
926
|
Employee pensions and benefits
|
|
|
|
|
|
928
|
Regulatory commission expense
|
|
|
|
|
|
930.1
|
General advertising expenses
|
|
|
|
|
|
930.2
|
Miscellaneous general expense
|
|
|
|
|
|
931
|
Rents
|
|
|
|
$5.5
|
|
932
|
Maintenance of structures and equipment
|
|
|
|
|
|
403
|
Depreciation and amortization expense
|
|
|
|
|
|
408
|
Taxes other than income taxes
|
|
|
|
|
$0.1
|
409
|
Income taxes
|
|
|
|
|
|
410
|
Provision for deferred income taxes
|
|
|
|
|
|
411
|
Provision for deferred income taxes-
credit
|
|
|
|
|
|
411.5
|
Investment tax credit
|
|
|
|
|
|
419
|
Interest income
|
|
|
|
|
|
426.1
|
Donations
|
|
|
|
|
|
426.5
|
Other deductions
|
|
|
|
|
|
427
|
Interest on long term debt
|
|
|
|
|
|
430
|
Interest on debt to associate companies
|
|
|
|
|
|
431
|
Other interest expense
|
|
|
|
|
|
|
TOTAL EXPENSES
|
$7.3
|
$2.9
|
$3.1
|
$13.2
|
$1.5
|
|
|
|
|
|
|
|
|
Total
|
Parent
|
Other
|
Non-Associates
|
Employees
|
|
|
|
|
|
|
Management
|
$ 4.5
|
$ 0.5
|
$ 4.0
|
$ -
|
9
|
Customer Service
|
$ 11.0
|
$ -
|
$ 11.0
|
$ -
|
225
|
Engineering
|
$ 17.3
|
$ -
|
$ 17.3
|
$ -
|
228
|
Supply Chain Management
|
$ 6.9
|
$ -
|
$ 6.9
|
$ -
|
97
|
Transmission
|
$ 10.4
|
$ -
|
$ 10.4
|
$ -
|
114
|
Human Resources
|
$ 3.6
|
$ (0.4)
|
$ 4.0
|
$ -
|
46
|
Information Services
|
$ 26.5
|
$ -
|
$ 26.5
|
$ -
|
374
|
Retail Services
|
$ 3.3
|
$ -
|
$ 3.3
|
$ -
|
39
|
Environmental
|
$ 1.3
|
$ -
|
$ 1.3
|
$ -
|
21
|
Construction/Electrical
|
$ 21.0
|
$ -
|
$ 21.0
|
$ -
|
278
|
Treasury/Financial
Forecasting
|
$ 3.1
|
$ 0.1
|
$ 3.0
|
$ -
|
44
|
Corporate Accounting/Tax
|
$ 21.7
|
$ 2.9
|
$ 18.8
|
$ -
|
84
|
Internal Audit
|
$ 1.1
|
$ -
|
$ 1.1
|
$ -
|
17
|
Retail Operations
|
$ 10.9
|
$ -
|
$ 10.9
|
$ -
|
132
|
Corporate Legal
|
$ 6.9
|
$ 0.1
|
$ 6.8
|
$ -
|
80
|
Corporate Communications
|
$ 1.2
|
$ -
|
$ 1.2
|
$ -
|
16
|
GRID Communications
|
$ 1.6
|
$ -
|
$ 1.6
|
$ -
|
14
|
Dispatching
|
$ 6.9
|
$ -
|
$ 6.9
|
$ -
|
94
|
Distribution Finance
|
$ 2.7
|
$ -
|
$ 2.7
|
$ -
|
34
|
Safety
|
$ 2.1
|
$ -
|
$ 2.1
|
$ -
|
29
|
Property Management
|
$ 3.1
|
$ -
|
$ 3.1
|
$ -
|
48
|
Business Development
|
$ 0.5
|
$ 0.3
|
$ 0.2
|
$ -
|
2
|
|
|
|
|
|
|
|
$ 167.6
|
$ 3.5
|
$ 164.1
|
$ -
|
2025
|
|
|
|
|
|
|
FROM WHOM PURCHASED
|
TYPE OF SERVICE
|
RELATIONSHIP
"A"- ASSOCIATE "NA"- NON ASSOCIATE |
AMOUNT
|
||
LEGAL SERVICES
|
|
|
|
||
BOWDITCH AND DEWEY, LLP
|
Legal Services
|
NA
|
$ 0.2
|
||
SALLY & FITCH
|
Legal Services
|
NA
|
0.1
|
||
SWIDLER BERLIN SHEREFF FRIEDMAN LLP
|
Legal Services
|
NA
|
2.1
|
||
Forty Vendors (Each Under $100,000)
|
|
|
1.1
|
||
|
TOTAL LEGAL SERVICES
|
|
$ 3.5
|
||
ENGINEERING SERVICES
|
|
|
|
||
NATIONAL GRID TRANSCO PLC
|
Engineering Services
|
A
|
0.3
|
||
ABB INCORPORATED
|
Engineering Services
|
NA
|
0.1
|
||
Eleven Vendors (Each Under $100,000)
|
|
|
0.2
|
||
|
TOTAL ENGINEERING SERVICES
|
|
$ 0.6
|
||
|
|
|
|
||
MANAGEMENT CONSULTING SERVICES
|
|
|
|||
HEWITT ASSOCIATES LLC
|
Management Consultants
|
NA
|
$ 0.1
|
||
MARSH FINANCIAL SERVICES
|
Management Consultants
|
NA
|
0.2
|
||
ONCOR UTILITY SOLUTIONS
|
Management Consultants
|
NA
|
0.3
|
||
Thirteen Vendors (Each Under $100,000)
|
|
|
0.3
|
||
|
TOTAL MANAGEMENT CONSULTING SERVICES
|
$ 0.9
|
|||
|
|
|
|
||
ACCOUNTING SERVICES
|
|
|
|
||
PRICEWATERHOUSECOOPERS LLP
|
Accounting Consultants
|
NA
|
$ 1.8
|
||
Six Vendors (Each Under $100,000)
|
|
|
0.1
|
||
|
TOTAL ACCOUNTING SERVICES
|
|
$ 1.9
|
FROM WHOM PURCHASED
|
TYPE OF SERVICE
|
RELATIONSHIP
"A"- ASSOCIATE "NA"- NON ASSOCIATE |
AMOUNT
|
OTHER SERVICES
|
|
|
|
ACCENTURE LLP
|
Consultant Services
|
NA
|
$ 7.4
|
ACTION INC
|
Contractor Services
|
NA
|
0.2
|
AIMNET SOLUTIONS
|
Contractor Services
|
NA
|
0.2
|
AJILON CONSULTING
|
Contractor Services
|
NA
|
1.6
|
ASPLUNDH TREE EXPERT CO
|
Contractor Services
|
NA
|
0.5
|
BANK ONE
|
Contractor Services
|
NA
|
0.1
|
BUSINESS & TECHNOLOGY RESOURCE GROUP INC
|
Contractor Services
|
NA
|
0.3
|
CEDAR ENTERPRISE SOLUTIONS INC
|
Contractor Services
|
NA
|
0.4
|
CGI INFORMATION SYSTEMS & MANAGEMENT
|
Contractor Services
|
NA
|
1.1
|
CHARLES L VINCENT INC
|
Contractor Services
|
NA
|
0.1
|
CLARK AND MOTT CONSTRUCTION INC
|
Contractor Services
|
NA
|
0.3
|
CONSERVATION SERVICES GROUP INC
|
Contractor Services
|
NA
|
0.2
|
CORPORATE GROWTH RESOURCES INC
|
Contractor Services
|
NA
|
0.4
|
D FOLEY LANDSCAPING INCORPORATED
|
Contractor Services
|
NA
|
0.4
|
DELLAS GRAPHICS
|
Contractor Services
|
NA
|
0.1
|
EDI SPECIALISTS INC
|
Contractor Services
|
NA
|
0.1
|
ELIASSEN GROUP INC
|
Information Systems Professional
Services
|
NA
|
0.2
|
ENVIRONMENTAL CONSULTANTS INC
|
Contractor Services
|
NA
|
0.2
|
F W MADIGAN COMPANY INC
|
Contractor Services
|
NA
|
0.2
|
FACT BASED MANAGEMENT INC
|
Contractor Services
|
NA
|
1.4
|
GMS SAPPHIRE TECHNOLOGIES
|
Contractor Services
|
NA
|
0.3
|
GRATTAN LINE CONSTRUCTION CORPORATION
|
Contractor Services
|
NA
|
0.1
|
HALPIN LINE CONSTRUCTION LLC
|
Engineering Services
|
NA
|
1.6
|
IBM CORPORATION
|
Information Systems Professional
Services
|
NA
|
1.6
|
INTACT TECHNOLOGY
|
Consultant Services
|
NA
|
0.1
|
INTERNATIONAL PROGRAMMING & SYSTEMS INC
|
Contractor Services
|
NA
|
0.3
|
FROM WHOM PURCHASED
|
TYPE OF SERVICE
|
RELATIONSHIP
"A"- ASSOCIATE "NA"- NON ASSOCIATE |
AMOUNT
|
JBI HELICOPTER SERVICES
|
Contractor Services
|
NA
|
0.1
|
JF2 LLC
|
Contractor Services
|
NA
|
0.2
|
JOHN LUCAS TREE EXPERT COMPANY
|
Contractor Services
|
NA
|
0.1
|
JUDGE TECHNICAL SERVICES INC
|
Contractor Services
|
NA
|
0.2
|
KBH CONSTRUCTION CO INC
|
Contractor Services
|
NA
|
0.9
|
KEANE INC
|
Contractor Services
|
NA
|
0.2
|
KEMA CONSULTING
|
Contractor Services
|
NA
|
0.3
|
KEMA INC
|
Consultant Services
|
NA
|
0.1
|
KFORCE.COM
|
Human Resources Management Services
|
NA
|
1.1
|
LANGUAGE LINE LLC
|
Contractor Services
|
NA
|
0.3
|
LEWIS TREE SERVICE
|
Contractor Services
|
NA
|
0.7
|
LINC MECHANICAL LLC
|
Contractor Services
|
NA
|
0.2
|
LOMA CONSULTING
|
Contractor Services
|
NA
|
0.2
|
MANHATTAN ASSOCIATES
|
Consultant Services
|
NA
|
0.3
|
MASSACHUSETTS ELECTRIC COMPANY
|
Contractor Services
|
A
|
0.2
|
MAXIMA CONSULTING INC
|
Contractor Services
|
NA
|
0.4
|
MILLENNIUM INTERNATIONAL TECHNOLOGIES
|
Contractor Services
|
NA
|
1.3
|
MRO SOFTWARE INC
|
Consultant Services
|
NA
|
0.5
|
NCO FINANCIAL SYSTEMS INC
|
Contractor Services
|
NA
|
0.4
|
OFFICE ENVIRONMENTS
|
Contractor Services
|
NA
|
0.1
|
OSMOSE UTILITIES SERVICES INC
|
Contractor Services
|
NA
|
1.1
|
PAGE ELECTRICAL SERVICE
|
Contractor Services
|
NA
|
0.2
|
PAR ELECTRICAL CONTRACTORS INC
|
Contractor Services
|
NA
|
0.3
|
PEOPLESOFT INC
|
Consultant Services
|
NA
|
0.2
|
PITNEY BOWES INC
|
Contractor Services
|
NA
|
0.3
|
PITNEY BOWES MANAGEMENT SERVICES
|
Contractor Services
|
NA
|
0.9
|
POWER PLAN CONSULTANTS INC
|
Consultant Services
|
NA
|
0.1
|
PREMIER UTILITY LOCATING LLC
|
Contractor Services
|
NA
|
0.2
|
PROFESSIONALS INC
|
Contractor Services
|
NA
|
0.5
|
PUBLIC UTILITIES MAINTENANCE INC
|
Contractor Services
|
NA
|
0.5
|
R G VANDERWEIL ENGINEERS INC
|
Consultant Services
|
NA
|
1.0
|
RELIANCE SYSTEMS INC
|
Consultant Services
|
NA
|
0.8
|
FROM WHOM PURCHASED
|
TYPE OF SERVICE
|
RELATIONSHIP
"A"- ASSOCIATE "NA"- NON ASSOCIATE |
AMOUNT
|
|
ROBERT HALF MANAGEMENT RESOURCES
|
Contractor Services
|
NA
|
0.1
|
|
ROBSON WOESE INC
|
Contractor Services
|
NA
|
0.1
|
|
SECURITAS SECURITY SYSTEMS USA INC.
|
Contractor Services
|
NA
|
0.5
|
|
SOURCEONE SOLUTIONS INC
|
Contractor Services
|
NA
|
0.2
|
|
SUBURBAN CONTRACT CLEANING
|
Contractor Services
|
NA
|
0.4
|
|
SUBURBAN STAFFING INC
|
Human Resources Management Services
|
NA
|
1.5
|
|
SULLIVAN AND COGLIANO DESIGNERS INC
|
Information Systems Professional
Services
|
NA
|
0.4
|
|
SYSTEMS AND MANAGEMENT CONSULTANTS INC
|
Information Systems Professional
Services
|
NA
|
1.1
|
|
T ROWE PRICE TRUST CO
|
Human Resources Management Services
|
NA
|
0.4
|
|
TAC WORLDWIDE COMPANIES
|
Contractor Services
|
NA
|
0.2
|
|
THIRO USA INC
|
Contractor Services
|
NA
|
0.2
|
|
THREE PHASE LINE CONSTRUCTION
|
Contractor Services
|
NA
|
0.4
|
|
TOMPKINS ASSOCIATES
|
Consultant Services
|
NA
|
0.4
|
|
TOWERS PERRIN
|
Human Resources Management Services
|
NA
|
0.4
|
|
TRANSCANADA POWER MARKETING LTD
|
Contractor Services
|
NA
|
0.5
|
|
TRIAD EMPLOYMENT SERVICES
|
Human Resources Management Services
|
NA
|
1.2
|
|
TRIAD ENGINEERING CORP
|
Contractor Services
|
NA
|
0.5
|
|
TURNER COMMUNICATIONS
|
Consultant Services
|
NA
|
0.2
|
|
VEGETATION CONTROL SERVICES INC
|
Contractor Services
|
NA
|
0.2
|
|
WESTERN UNION FINANCIAL SERVICES
|
Contractor Services
|
NA
|
0.3
|
|
WHITRIDGE ASSOCIATES INC
|
Information Systems Professional
Services
|
NA
|
0.1
|
|
WIPRO LTD
|
Contractor Services
|
NA
|
1.3
|
|
XEROX CORPORATION
|
Contractor Services
|
NA
|
0.2
|
|
ZENSAR TECHNOLOGIES
|
Contractor Services
|
NA
|
0.8
|
|
Six hundred and forty-one vendors (each under
$100,000)
|
|
|
18.2
|
|
|
TOTAL OTHER SERVICES
|
|
$ 63.1
|
|
|
GRAND TOTAL
|
|
$ 70.0
|
DESCRIPTION
|
AMOUNT
|
|
Pensions
|
$ 13,381
|
|
Postretirement Benefits Other than
Pensions
|
15,253
|
|
Postemployment Benefits
|
1,197
|
|
Group Insurance Premiums
|
2,693
|
|
Executive Life Insurance
|
(911)
|
|
Medical Insurance Premiums
|
11,058
|
|
Employee Educational Aid
|
570
|
|
Employee Thrift Plan
|
7,949
|
|
Miscellaneous (Each Under $25,000)
|
(278)
|
|
|
|
|
|
|
|
|
TOTAL
|
$50,912
|
DESCRIPTION
|
NAME OF PAYEE
|
AMOUNT
|
|
|
None
|
TOTAL
|
|
None
|
|
|
|
DESCRIPTION
|
AMOUNT
|
|
|
Environmental Matters
|
$919
|
|
Meter Data Services
|
1,086
|
|
Miscellaneous
|
142
|
|
|
|
|
|
|
|
TOTAL
|
$2,147
|
TYPE OF PROPERTY
|
AMOUNT
|
|
Building Rents
|
$ 2.4
|
|
Capital Lease - Computer Information
Systems
|
4.9
|
|
Computer Hardware and Software
|
1.5
|
|
Microwave and Tele-metering Equipment
|
0.4
|
|
Transportation Equipment
|
0.6
|
|
Office and Other Equipment
|
6.8
|
|
|
|
|
|
TOTAL
|
$16.6
|
|
|
KIND OF TAX
|
AMOUNT
|
|
1) OTHER THAN U.S. GOVERNMENT TAXES
|
|
|
|
State Unemployment
|
$ 0.1
|
|
State Excise
|
0.6
|
|
Other State Taxes
|
0.2
|
|
SUBTOTAL
|
0.9
|
|
|
|
2) U.S. GOVERNMENT TAXES
|
|
|
|
Federal Unemployment
|
0.2
|
|
Federal Insurance Contribution Act -
Company
|
11.1
|
|
SUBTOTAL
|
11.3
|
|
TOTAL
|
$12.2
|
|
|
|
|
PURPOSE OF DONATION
|
AMOUNT
|
UNITED WAY
|
Matching Gifts Program
|
$284
|
WORCESTER ART MUSEUM
|
Donation
|
27
|
THE NEW ENGLAND COUNCIL
|
Donation
|
26
|
WHY ME INC & SHERRY'S
HOUSE
|
Donation
|
18
|
WORCESTER PARKS & RECREATION
DEPARTMENT
|
Donation
|
18
|
THE NEW ENGLAND LEGAL
FOUNDATION
|
Donation
|
16
|
DOWN SYNDROME AIM HIGH
|
Donation
|
13
|
DOWN SYNDROME ASSOCIATION
|
Donation
|
13
|
AMERICAN GAS ASSOCIATION
|
Donation
|
10
|
THE BARTON CENTER
|
Donation
|
10
|
THE LEUKEMIA & LYMPHOMA SOCIETY OF
AMERICA
|
Matching Gifts Program
|
8
|
THE KEYSTONE CENTER
|
Lobbying
|
8
|
WORCESTER POLYTECHNIC
INSTITUTE
|
Matching Gifts
Program/Donation
|
8
|
CSG/ERC
|
Donations
|
7
|
PAN-MASSACHUSETTS CHALLENGE
|
Matching Gifts Program
|
7
|
RENSSELAER POLYTECHNIC
INSTITUTE
|
Matching Gifts
Program/Scholarships
|
7
|
UEA
|
Donations
|
6
|
CORNELL UNIVERSITY
|
Scholarships
|
6
|
TREE FUND
|
Donations
|
6
|
AMERICAN RED CROSS
|
Matching Gifts Program
|
6
|
WILLIAMS COLLEGE
|
Matching Gifts
Program/Donations
|
6
|
THOMPSON ISLAND OUTWARD BOUND
EDUCATION
|
Donations
|
5
|
INITIATIVE FOR A COMPETITIVE INNER
CITY
|
Donations
|
5
|
MAXIMUM IMPACT
|
Donations
|
5
|
U.W.U.A OPERATION FAMILY
REUNION
|
Donations
|
5
|
SUSAN G. KOMEN BREAST CANCER
FOUNDATION
|
Matching Gifts Program
|
5
|
HARVARD UNVERSITY
|
Matching gifts
Program/Scholarships
|
5
|
WGBH EDUCATIONAL FOUNDATION
|
Matching Gifts Program
|
4
|
AMERICAN CANCER SOCIETY
|
Matching Gifts Program
|
4
|
THE SALVATION ARMY
|
Matching Gifts Program
|
4
|
BOSTON COLLEGE
|
Matching Gifts Program
|
4
|
BOY SCOUTS OF AMERICA
|
Matching Gifts Program/Grants
|
4
|
SYRACUSE UNIVERSITY
|
Matching Gifts
Program/Scholarships
|
3
|
CLARK UNIVERSITY
|
Matching Gifts Program
|
3
|
DANA-FARBER CANCER INSTITUTE
|
Matching Gifts Program
|
3
|
BILLERICA SCHOLARSHIP
FOUNDATION
|
Matching Gifts Program
|
3
|
COLBY COLLEGE
|
Scholarships
|
3
|
COLLEGE AT ONEONTA
|
Scholarships
|
3
|
|
PURPOSE OF DONATION
|
AMOUNT
|
GREATER BOSTON CHAMBER OF
COMMERCE
|
Donations
|
3
|
MANHATTANVILLE COLLEGE
|
Scholarships
|
3
|
REGIONAL ENVIRONMENTAL COUNCIL
|
Matching Gifts Program
|
3
|
SUNY COLLEGE AT GENESCO
|
Scholarships
|
3
|
THE SAGE COLLEGES
|
Scholarships
|
3
|
UNIVERSITY OF CONNECTICUT
|
Scholarships
|
3
|
TUFTS MEDICAL SCHOOL
|
Scholarships
|
3
|
UNION COLLEGE
|
Scholarships
|
3
|
UNIVERSITY AT BUFFALO
|
Scholarships
|
3
|
UNIVERSITY OF RICHMOND
|
Scholarships
|
3
|
MISCELLANEOUS (405 ITEMS)
Each Vendor Under $3,000 |
Matching Gifts Program, Donations, Grants and
Scholarships for educational institutions and other charitable
organizations
|
(50)
|
|
|
$558
|
DESCRIPTION
|
NAME OF PAYEE
|
AMOUNT
|
|
|
None
|
TOTAL
|
|
None
|
|
|
|
Chief Executive Officer &
Group Director NGUSA
|
|||||||
|
|
|
(01)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
!
|
!
|
!
|
!
|
!
|
!
|
!
|
!
|
President & COO
|
Sr. VP, CFO & Treasurer
|
Sr. Vice President
|
Sr. VP & General Counsel
|
Vice President
|
Internal Audit
|
CEO GRID Communications
|
COO US Transmission
|
(01)
|
(01)
|
(01)
|
(15)
|
(16)
|
(13)
|
(17)
|
(01)
|
!
|
!
|
!
|
!
|
!
|
|
!
|
!
|
Customer Service
|
Treasury/Financial Forecasting
|
Human Resources
|
Corporate Legal
|
Corporate Communications
|
|
GRID Communications
|
Transmission
|
(02)
|
(11)
|
(06)
|
(15)
|
(16)
|
|
(17)
|
(05)
|
!
|
!
|
|
|
|
|
|
!
|
Engineering
|
Corp. Accounting / Tax
|
|
|
|
|
|
Business Development
|
(03)
|
(12)
|
|
|
|
|
|
(22)
|
!
|
!
|
|
|
|
|
|
|
Supply Chain Management
|
Property Management
|
|
|
|
|
|
|
(04)
|
(21)
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Information Services
|
|
|
|
|
|
|
|
(07)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Retail Services
|
|
|
|
|
|
|
|
(08)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Environmental
|
|
|
|
|
|
|
|
(09)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Construction/ Electrical
|
|
|
|
|
|
|
|
(10)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Retail Operations
|
|
|
|
|
|
|
|
(14)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Dispatching
|
|
|
|
|
|
|
|
(18)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Distribution Finance
|
|
|
|
|
|
|
|
(19)
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
Safety
|
|
|
|
|
|
|
|
(20)
|
|
|
|
|
|
|
|
|
Associated Companies
|
Non-Associated Companies
|
Total
|
Total Compensation
|
$.5
|
-
|
$.5
|
Excess of Revenues Billed Over Costs Incurred to
Non-Associated Companies
|
-
|
-
|
-
|
Compensation for Use of Equity Capital
Billed
|
$.5
|
$ -
|
$.5
|
Common Equity:
|
|
|
|
April 2004 - March 2005
|
$5.0
|
|
|
|
|
|
|
Amount of Equity Return:
|
|
|
|
April 2004 - March 2005 @10.50%
|
$.5
|
NGUSASCo Common Equity:
|
|
|
|
(Excluding Retained Earnings)
|
|
|
April 2004 - March 2005
|
$5.0
|
|
|
|
Return on Common Equity:
|
|
|
|
April 2004 - March 2005 @ 10.50%
|
$.5
|
|
|
|
|
Associated Companies
|
Non-Associated Companies
|
Total
|
Total compensation for use of equity
capital
|
$(4.4)
|
-
|
$(4.4)
|
Excess of costs billed over revenues incurred to
non-associate companies
|
-
|
-
|
-
|
Compensation for use of equity capital
billed
|
$(4.4)
|
$-
|
$(4.4)
|
Transmission
|
$2114
|
Engineering
|
918
|
Operations Performance Mgt.
|
498
|
Telecommunications
|
377
|
Business Development
|
333
|
Financial Planning & Analysis
|
124
|
Bus. And Energy Efficiency Mgt.
|
117
|
Other
|
2
|
|
|
|
|
Total
|
$4,483
|
SERVICE
|
DEPARTMENT
|
Merger Strategy
|
Executive Management
Legal
|
Corporate Communication Services for National Grid
Transco
|
Corporate Communications
|
Treasury Services for National Grid
Transco
|
Finance
|
Investor Relations
|
Accounting Services
|
Directors' expenses for National Grid Transco
board meetings
|
Executive Management
|
Legal Services
|
Legal
|
Business Development activities
|
Engineering
Human Resources
Executive Management
Legal
|
Service Costs by Department
|
|
|
|
|
Fin Planning
|
$740
|
|
|
Legal
|
666
|
|
|
Accounting
|
625
|
|
|
Investor Relations
|
436
|
|
|
Executive
|
405
|
|
|
Internal Audit
|
378
|
|
|
Human Resources
|
245
|
|
|
Transmission
|
150
|
|
|
Other
|
77
|
|
|
|
|
|
|
|
|
|
|
Total
|
$3,722
|
|
National Grid USA
|
$372
|
Nantucket Electric Company
|
2
|
Massachusetts Electric Company
|
280
|
New England Hydro-Transmission Electric Co,
Inc.
|
2
|
New England Hydro-Transmission Company
|
5
|
New England Power Company
|
314
|
Granite State Electric Company
|
5
|
The Narragansett Electric Company
|
92
|
Grid Communications, Inc.
|
377
|
Niagara Mohawk Power Corp
|
1789
|
GridAmerica LLC
|
1,245
|
|
|
|
|
Total
|
$4,483
|
This ‘U-13-60’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on / Effective on: | 8/31/05 | |||
For Period End: | 3/31/05 | |||
4/1/04 | ||||
1/5/01 | ||||
1/2/01 | ||||
3/15/00 | ||||
8/18/95 | POS AMC | |||
List all Filings |