Southern Indiana Gas & Electric Co – ‘U-3A-2’ for 12/31/99

On:  Tuesday, 2/29/00   ·   For:  12/31/99   ·   Accession #:  92195-0-6   ·   File #:  69-00329

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Statement by a Holding Company Claiming Exemption   —   Form U-3A-2
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: U-3A-2      Statement by a Holding Company Claiming Exemption      4     26K 

Document Table of Contents

U-3A-2
1st Page of 4
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
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                                           

SOUTHERN INDIANA GAS AND ELECTRIC 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.    Southern Indiana Gas and Electric Company                       
("SIGECO") is a combination gas and electric utility and                        
wholly-owned subsidiary of SIGCORP, Inc. ("SIGCORP"), an                        
investor owned holding company.  SIGCORP was formed in 1995                     
under the laws of the State of Indiana by SIGECO.  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.  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.                        

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 142 miles of                
transmission mains, and the gas distribution system includes                    
2,845 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 6,899 natural                       
gas customers consisting of residential, commercial,                            
industrial and public authority classes of service.  Its gas                    
distribution system includes approximately 484 miles of                         
distribution mains.  Community has no underground gas                           
storage facilities.                                                             

3.    For the year ended December 31, 1999, SIGECO's                  
retail and wholesale electric sales totaled 6,940,715,024                       
kWh, while its retail and transported gas sales totaled                         
31,849,973 Dth.  SIGECO has no electric or gas retail sales                     
outside the State of Indiana.  For this same period, SIGECO                     
had wholesale electric sales of 341,952,000 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 1999, SIGECO                             
purchased 426,219,000 kWh of power from utilities and power                     
marketers located outside the state of Indiana.  For the                        
year ended December 31, 1999, SIGECO's retail natural gas                       
sales totaled 12,269,892 Dth and 19,580,081 Dth of natural                      
gas was transported for end users for a total natural gas                       
sold and transported of 31,849,973 Dth, all of which was                        
distributed within the State of Indiana.  For this same                         
period, SIGECO had no gas wholesale sales.  During 1999,                        
SIGECO purchased for its system supply 12,574,928 Dth of                        
natural gas, 100% of its requirements, from 36 natural gas                      
suppliers.                                                                      

For the year ended December 31, 1999, Community's                     
retail gas sales totaled 895,681 Dth, and no natural gas was                    
transported for end users resulting in a total gas sold and                     
transported of 895,681  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 932,091 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: Consolidated statement of income and surplus               
of SIGECO for the year ended December 31, 1999, together                        
with a consolidating balance sheet of SIGECO 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 28th day of February, 2000.                                                

     SOUTHERN INDIANA GAS AND ELECTRIC COMPANY

By   /S/ T. L. Burke                    
T. L. Burke                             
Treasurer                               

ATTEST:                                                                         

/s/ 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                                                           
Treasurer                                                             
Southern Indiana Gas and Electric Company                             
20 N.W. Fourth Street                                                 
Evansville, Indiana  47741-0001                                       

U-3A-2
2nd Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 2nd
1 of 3
Exhibit A                                                                       

                                                                [Download Table]


SOUTHERN INDIANA GAS AND ELECTRIC COMPANY                      
Consolidating Trial Balance                                    
For Twelve Months Ending December 31, 1999                     

                                                     SIGECO    
                                                               
ASSETS                                                         

Utility Plant at cost:                                         
 Electric                                            1,160,216 
 Gas                                                   156,918 
Accumulated Depreciation                              (623,611)
Cwip                                                    45,393 
Investment in Subsidiaries                                   0 
Investments in leveraged leases                              0 
Investments in partnerships                                  0 
Funds held by Trustee                                      996 
Nonutility property & other                              1,627 
Cash and cash equivalents                                  449 
Cash - Restricted                                            0 
Temporary investments                                        0 
Receivables, net                                        53,474 
Notes receivable from assoc. co.                         1,159 
Fuel (coal and oil)                                     12,229 
Materials and supplies                                  13,352 
Allowance Inventory                                      4,437 
Gas in underground storage                              11,441 
Other current assets                                     8,576 
Unamortized def. return on ABB#2                             0 
Unamortized prem. on reacq. debt                         4,416 
Post-retire. ben. oblig. oth. than pensions              1,234 
Accum Deferred Income Taxes                                  0 
Def Tax Asset-FASB109                                        0 
Other deferred charges                                  42,453 
                                                       894,759 

U-3A-2
3rd Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 3rd
2 of 3
Exhibit A                                                                       

                                                                [Download Table]


SOUTHERN INDIANA GAS AND ELECTRIC COMPANY                     
Consolidating Trial Balance                                   
For Twelve Months Ending December 31, 1999                    

                                                     SIGECO   
                                                              
SHAREHOLDERS' EQUITY AND LIABILITIES                          

Common Stock                                          (78,258)
Additional paid-in capital                                    
Retained Earnings                                    (256,313)
Treasury stock                                              0 
Cumulative preferred stock                            (18,590)
Cumulative special preferred stock                       (692)
Long-term debt less current mat.                     (238,282)
Long-term Partnership Obligations                           0 
Current por. of adj. rate p. c. bonds                 (53,700)
Notes payable                                         (22,880)
Maturing long-term debt                                     0 
Maturing Partnership Obligations                            0 
Accounts payable                                      (28,555)
Notes payable to Assoc. Company                            (5)
Dividends payable                                        (117)
Accrued taxes                                          (8,408)
Accrued interest                                       (6,012)
Refunds to customers                                   (5,375)
Other accrued liabilities                             (22,706)
Accumulated deferred income taxes                    (122,976)
Accumulated deferred ITC                              (17,372)
Regulatory liability - FAS 109                              0 
Post-retire. ben. oblig. oth. than pensions           (12,041)
Other                                                  (2,477)
                                                     (894,759)

SOUTHERN INDIANA GAS AND ELECTRIC COMPANY                                       
Consolidating Trial Balance                                                     
For Twelve Months Ending December 31, 1999                                      

U-3A-2
Last Page of 4
TOC
1st
Previous
Next
↓Bottom
Just 4th
3 of 3
Exhibit A                                                                       

                                                                [Download Table]

                                                     SIGECO   
                                                              
INCOME STATEMENT                                              

 Operating Revenues                                           
  Electric                                           (307,569)
  Gas                                                 (68,212)
  Energy services                                             
  Other                                                       
 Fuel for electric generation                          72,155 
 Purchased electric energy                             20,791 
 Cost of gas sold                                      39,612 
 Cost of energy services revenues                             
 Cost of other revenues                                       
 Other operation expenses                              61,108 
 Maintenance                                           34,550 
 Depreciation and amortization                         44,867 
 Federal and state inc. tax.                           26,427 
 Property and other taxes                              12,845 
 AFUDC (other)                                           (296)
 Interest income                                         (363)
 Other, net                                                58 
 Interest expense on long-term debt                    16,121 
 Amort. of prem., disc. & exp on debt                     487 
 Other interest expense                                 3,158 
 AFUDC (borrowed)                                      (2,507)
Preferred dividend requirement                          1,078 
 NET INCOME                                           (45,690)

EXHIBIT B                                                                       

                                                                [Download Table]


Item    Caption Heading                            (in thousands)
No.                                                              
                                                                 
   1.   Total Assets                               $ 894,759     
   2.   Total Operating Revenues                   $ 375,781     
   3.   Net Income                                 $  45,690     

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘U-3A-2’ Filing		Date		First		Last			Other Filings
Filed on:		2/29/00
For Period End:		12/31/99		1		3			10-K405,  8-K
		1/1/96		1
									List all Filings