File No.30-150
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U5S
ANNUAL REPORT
For the year ended December 31, 2001
Filed Pursuant to the Public Utility Holding Company Act of 1935
by
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
AMERICAN ELECTRIC POWER COMPANY, INC.
FORM U5S - ANNUAL REPORT
For the Year Ended December 31, 2001
TABLE OF CONTENTS
Page
ITEM 1. SYSTEM COMPANIES AND INVESTMENT THEREIN
AS OF DECEMBER 31, 2001. . . . . . . . . . . . . . . . . . . 1 - 6
ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS. . . . . . . . . . . 7
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION
OF SYSTEM SECURITIES . . . . . . . . . . . . . . . . . . . . 7
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF
SYSTEM SECURITIES. . . . . . . . . . . . . . . . . . . . . . 8 - 11
ITEM 5. INVESTMENTS IN SECURITIES OF NON-SYSTEM
COMPANIES. . . . . . . . . . . . . . . . . . . . . . . . . . 12 - 13
ITEM 6. OFFICERS AND DIRECTORS
Part I. Names, principal business address and positions
held as of December 31, 2001. . . . . . . . . . . 14 - 34
Part II. Banking connections . . . . . . . . . . . . . . . 35
Part III. Compensation and other related information. . . . 36 - 47
ITEM 7. CONTRIBUTIONS AND PUBLIC RELATIONS . . . . . . . . . . . . . 48
ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
Part I. Contracts for services or goods between system
companies. . . . . . . . . . . . . . . . . . . . 49 - 50
Part II. Contracts to purchase services or goods between
any system company and any affiliate . . . . . . 50
Part III. Employment of any person by any system company
for the performance on a continuing basis of
management services. . . . . . . . . . . . . . . 50
ITEM 9. WHOLESALE GENERATORS AND
FOREIGN UTILITY COMPANIES. . . . . . . . . . . . . . . . . . 51 - 55
ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS (Index). . . . . . . . . . 56
SIGNATURE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Item 1. System Companies and Investment Therein As Of December 31, 2001.
Number of
Common Issuer Owner's
Shares Voting Book Value Book Value
Name of Company Owned Power (in OOO's) (in 000'S)
---------------------------------------------------------------------------------------------------------------------------------
00. American Electric Power Company, Inc. [Note A]
01. American Electric Power Service Corporation [Note B] 13,500 100% (8,573) (8,573)
01. AEP C&I Company, LLC [Note W] Uncertified 100% (3,267) (3,267)
02. AEP Ohio Commercial & Industrial Retail Company, LLC [Note W] Uncertified 100% (6) (6)
02. AEP Texas Commercial & Industrial Retail GP, LLC [Note W] Uncertified 100% (158) (158)
03. AEP Texas Commercial & Industrial Retail Limited Partnership [Note W] Partnership 1% (1) (1)
02. AEP Texas Commercial & Industrial Retail Limited Partnership [Note W] Partnership 100% (238) (238)
02. AEP Gas Power GP, LLC [Note G] Uncertified 100% (3,089) (3,089)
03. AEP Gas Power Systems, LLC [Note G] 100 75% (133) (100)
01. AEP Coal, Inc. [Note L] - 100% 635 635
01. AEP Communications, Inc. [Note C] 100 100% (53,093) (53,093)
02. AEP Communications, LLC [Note C] Uncertified 100% (56,954) (56,954)
03. American Fiber Touch, LLC [Note C] Uncertified 50% 15,149 12,267
03. AEP Fiber Venture, LLC [Note C] Uncertified 100% 30,470 30,470
04. AFN Communications, LLC [Note C] 5,008 48% 32,235 26,152
01. AEP Energy Services, Inc. [Note D] 200 100% 78,472 78,472
01. AEP Generating Company [Note J] 1,000 100% 38,195 38,195
01. AEP Indian Mesa LP, LLC [Note X] Uncertified 100% - -
02. Indian Mesa Power Partners I LP [Note X] Partnership 99% - -
02. Indian Mesa Power Partners II LP [Note X] Partnership 99% - -
02. AEP Indian Mesa GP, LLC [Note X] Uncertified 100% - -
03. Indian Mesa Power Partners I LP [Note X] Partnership 1% - -
03. Indian Mesa Power Partners II LP [Note X] Partnership 1% - -
01. AEP Investments, Inc. [Note F] 100 100% 19,359 19,359
02. AEP EmTech, LLC [Note DD] Uncertified 100% (1,028) (1,028)
03. Altra Energy Technologies, Inc. [Note DD] N/A 5% 5,300 5,300
03. Amperion, Inc. [Note DD] N/A 38% 3,743 3,743
02. Pantellos Corporation [Note DD] 28,883 5% 2,492 2,492
01. Mutual Energy L.L.C. [Note W] Uncertified 100% (8,082) (8,082)
02. Mutual Energy Service Company, L.L.C. [Note W] Uncertified 100% (7,555) (7,555)
02. AEP Ohio Retail Energy, LLC [Note W] Uncertified 100% (521) (521)
01. AEP Power Marketing, Inc. [Note N] 100 100% - -
01. AEP T&D Services, LLC [Note BB] Uncertified 100% (77) (77)
01. AEP Pro Serv, Inc. [Note I] 110 100% (800) (800)
02. Power-span Corp [Note DD] N/A 10% 5,000 5,000
02. PHPK Technologies, Inc. [Note DD] N/A 40% 1,237 1,237
01. AEP Retail Energy LLC [Note W] Uncertified 100% (224) (224)
01. AEP Texas POLR, LLC [Note W] Uncertified 100% (2) (2)
02. AEP Texas POLR GP, LLC [Note W] Uncertified 100% - -
03. POLR Power, L.P. [Note W] Partnership 1% - -
02. POLR Power, L.P. [Note W] Partnership 100% - -
01. AEP Resources, Inc. [Note H] 100 100% 155,095 155,095
02. AEP Delaware Investment Company [Note H] 100 100% 29,303 29,303
03. AEP Holdings I CV [Note H] 10 15% 56,341 56,341
04. AEPR Global Investments B.V. [Note H] N/A 85% 178,033 178,033
05. Energia de Mexicali, S de RL de CV [Note H] Uncertified 0% - -
05. AEPR Global Holland Holding B.V. [Note H] Uncertified 100% 178,017 178,017
04. AEP Holdings II CV [Note H] Partnership 85% 185,161 157,588
05. AEP Energy Services Limited [Note H] Uncertified 100% 33,147 34,766
06. AEP Energy Services (Austria) GmbH [Note H] Uncertified 100% 13 13
06. AEP Energy Services (Switzerland) GmbH [Note H] Uncertified 100% 10 10
06. AEP Energy Services GmbH [Note H] Uncertified 100% 23 23
05. AEPR Global Ventures B.V. [Note H] Uncertified 100% (621) (621)
06. Energia de Mexicali, S de RL de CV [Note H] Uncertified 100% (243) (243)
06. AEP Energy Services (Norway) AS [Note H] Uncertified 100% - -
06. Operaciones Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% 2 2
06. Servicios Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% (222) (222)
05. Intergen Denmark, Aps [Note H] Partnership 50% 23,474 23,474
06. Intergen Denmark Finance Aps [Note H] Partnership 100% N/A N/A
06. Intergen Mexico, B.V. [Note H] Partnership 100% N/A N/A
07. Intergen Aztec Energy VIII B.V. [Note H] Partnership 100% N/A N/A
08. Intergen Aztec Energy VI B.V. [Note H] Partnership 100% N/A N/A
08. Energia Azteca VIII S. de R.L. de C.V. [Note H] Partnership 100% N/A N/A
05. AEP Energy Services UK Generation Limited [Note H] Uncertified 100% 52,678 52,678
05. Compresion Bajio S de R.L. de C.V. [Note H] Uncertified 50% 2,655 2,655
02. AEP Delaware Investment Company II [Note H] 1,000 100% 85,119 85,119
03. AEP Holdings II CV [Note H] Uncertified 15% 32,676 27,810
04. AEP Energy Services Limited [Note H] Uncertified 100% 6,135 6,135
05. AEP Energy Services (Austria) GmbH [Note H] Uncertified 100% 2 2
05. AEP Energy Services (Switzerland) GmbH [Note H] Uncertified 100% 2 2
05. AEP Energy Services GmbH [Note H] Uncertified 100% 4 4
04. AEPR Global Ventures B.V. [Note H] Uncertified 100% (110) (110)
05. Energia de Mexicali, S de RL de CV [Note H] Uncertified 100% (1) 1
05. AEP Energy Services (Norway) AS [Note H] Uncertified 100% - -
05. Operaciones Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% 2 2
05. Servicios Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% (222) (222)
04. Intergen Denmark, Aps [Note H] Partnership 50% 23,499 23,499
05. Intergen Denmark Finance Aps [Note H] Partnership 50% N/A N/A
05. Intergen Mexico, B.V. [Note H] Partnership 100% N/A N/A
06. Intergen Aztec Energy VIII B.V. [Note H] Partnership 100% N/A N/A
Item 1. System Companies and Investment Therein As Of December 31, 2001. (Continued)
Number of
Common Issuer Owner's
Shares Voting Book Value Book Value
Name of Company Owned Power (in OOO's) (in 000'S)
---------------------------------------------------------------------------------------------------------------------------------
07. Intergen Aztec Energy VI B.V. [Note H] Partnership 100% N/A N/A
07. Energia Azteca VIII S. de R.L. de C.V. [Note H] Partnership 100% N/A N/A
04. AEP Energy Services UK Generation Limited [Note H] Uncertified 100% 9,296 9,296
04. Compresion Bajio S de R.L. de C.V. [Note H] Uncertified 50% 2,655 2,655
02. AEP Delaware Investment Company III [Note H] Uncertified 100% 985,730 985,730
03. AEP Holdings I CV [Note H] Partnership 85% 319,264 319,264
04. AEPR Global Investments BV [Note H] Uncertified 15% 31,418 31,418
05. Energia de Mexicali, S de RL de CV [Note H] Uncertified 0% - -
05. AEPR Global Holland Holding BV [Note H] Uncertified 100% 31,415 31,415
04. AEP Holdings II CV [Note H] Partnership 15% 27,810 27,810
05. AEP Energy Services Limited [Note H] Uncertified 100% 6,135 6,135
06. AEP Energy Services (Austria) GmbH [Note H] Uncertified 100% 2 2
06. AEP Energy Services (Switzerland) GmbH [Note H] Uncertified 100% 2 2
06. AEP Energy Services GmbH [Note H] Uncertified 100% 10 10
05. AEPR Global Ventures B.V. [Note H] Uncertified 100% (234) (234)
06. Energia de Mexicali, S de RL de CV [Note H] Uncertified 100% (286) (286)
06. AEP Energy Services (Norway) AS [Note H] Uncertified 100% - -
06. Operaciones Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% 2 2
06. Servicios Azteca VIII, S. de R.L. de C.V. [Note H] Uncertified 50% (222) (222)
05. Intergen Denmark, Aps [Note H] Partnership 50% 23,474 23,474
06. Intergen Denmark Finance Aps [Note H] Partnership 100% N/A N/A
06. Intergen Mexico, B.V. [Note H] Partnership 100% N/A N/A
07. Intergen Aztec Energy VIII B.V. [Note H] Partnership 100% N/A N/A
08. Intergen Aztec Energy VI B.V. [Note H] Partnership 100% N/A N/A
08. Energia Azteca VIII S. de R.L. de C.V. [Note H] Partnership 100% N/A N/A
05. AEP Energy Services UK Generation Limited [Note H] Uncertified 100% 9,296 9,296
05. Compresion Bajio S de R.L. de C.V. [Note H] Uncertified 50% 2,655 2,655
03. AEPR Global Investments BV [Note H] Uncertified 15% 31,418 31,418
04. AEPR Global Holland Holding BV [Note H] Uncertified 100% 31,415 31,415
02. AEP Memco LLC [Note Y] Uncertified 100% 41,925 41,925
03. AEP Elmwood LLC [Note Y] Uncertified 100% 4,463 4,463
04. Conlease, Inc. [Note Y] Uncertified 100% - -
04. International Marine Terminals [Note Y] Uncertified 33-1/3% - -
02. AEP Resources Australia Holdings Pty Ltd [Note H] 1 100% 140,560 143,849
03. AEP Resources CitiPower I Pty Ltd [Note H] 1 100% N/A N/A
04. Australia's Energy Partnership [Note H] Partnership 99% 1,104,060 1,104,060
05. Marregon (No. 2) Pty Ltd [Note H] 179,190,000 100% - -
06. CitiPower Pty [Note H] 5 100% 8,112 8,112
07. CitiPower Trust [Note H] Uncertified 100% 1,128,656 1,128,656
06. Marregon Pty Ltd [Note H] 1 100% - -
04. AEP Resources CitiPower II Pty Ltd [Note H] 1 100% 1,953 1,953
05. Australia's Energy Partnership [Note H] Uncertified 1% 11,152 11,152
06. Marregon (No. 2) Pty Ltd [Note H] 1,810,000 100% - -
07. CitiPower Pty [Note H] - 100% 82 82
08. CitiPower Trust [Note H] Uncertified 100% 11,401 11,401
07. Marregon Pty Ltd [Note H] - 100% - -
02. AEP Resources Australia Pty., Ltd. [Note H] 3,753,752 100% 15,042 17,958
03. Pacific Hydro Limited [Note H] 23,478,300 20% 17,809 17,809
02. AEP Resources Limited [Note H] 1 100% 755 755
02. AEP Energy Services Gas Holding Company [Note CC] 10 100% 67,777 67,777
03. AEP Energy Services Gas Holding Company II, LLC [Note CC] Uncertified 100% 622,626 622,626
04. Caddis Partners, LLC [Note CC] Uncertified 100% 2,211 2,211
04. AEP Energy Services Ventures III, Inc. [Note CC] 10 100% 158,297 158,297
04. HPL Holdings Inc. [Note CC] 100 100% 852,953 852,953
05. AEP Gas Marketing, LP [Note CC] Uncertified 100% 7,185 7,185
05. HPL GP, LLC [Note CC] 5 100% 611 611
06. HPL Resources Company LP [Note CC] Uncertified 1% - -
06. AEP Gas Marketing, LP [Note CC] Uncertified 1% 34 34
06. Houston Pipe Line Company LP [Note CC] Uncertified 1% 585 585
07. Mid-Texas Pipeline Company [Note CC] Uncertified 50% 34,635 34,635
05. HPL Resources Company LP [Note CC] Uncertified 100% (1) (1)
05. Houston Pipe Line Company LP [Note CC] 995 100% 845,141 845,141
06. Mid-Texas Pipeline Company [Note CC] N/A 50% (1) (1)
04. AEP Energy Services Investments, Inc. [Note CC] 100 100% 116,672 116,672
05. LIG Pipeline Company [Note CC] 100 100% 116,627 116,627
06. LIG, Inc. [Note CC] 100 100% 11,645 11,645
07. Louisiana Intrastate Gas Company, L.L.C. [Note CC] 100 10% 10,501 10,501
08. LIG Chemical Company [Note CC] 100 100% (12,693) (12,693)
09. LIG Liquids Company, L.L.C. [Note CC] 10 10% 1,240 1,240
08. LIG Liquids Company, L.L.C. [Note CC] 90 90% 11,158 11,158
Item 1. System Companies and Investment Therein As Of December 31, 2001. (Continued)
Number of
Common Issuer Owner's
Shares Voting Book Value Book Value
Name of Company Owned Power (in OOO's) (in 000'S)
---------------------------------------------------------------------------------------------------------------------------------
08. Tuscaloosa Pipeline Company [Note CC] 100 100% 703 703
06. Louisiana Intrastate Gas Company, L.L.C. [ [Note CC] 900 90% 94,509 94,509
07. LIG Chemical Company [Note CC] 900 100% (12,693) (12,693)
08. LIG Liquids Company, L.L.C. [Note CC] 90 10% 1,378 1,378
07. LIG Liquids Company, L.L.C. [Note CC] 810 90% 12,398 12,398
07. Tuscaloosa Pipeline Company [Note CC] 900 100% 705 705
04. AEP Energy Services Ventures, Inc. [Note CC] 100 100% 15,012 15,012
05. AEP Acquisition, LLC [Note CC] Uncertified 50% 9,125 9,125
06. Jefferson Island Storage & Hub L.L.C. [Note CC] 50 100% 102,637 102,637
04. AEP Energy Services Ventures II, Inc. [Note CC] 10 100% 15,014 15,014
05. AEP Acquisition, LLC [Note CC] Uncertified 50% 9,125 9,125
06. Jefferson Island Storage & Hub L.L.C. [Note CC] 50 100% 102,637 102,637
02. AEP Resources International, Limited [Note H] 2 100% 41,885 41,885
03. NGLE Pushan Power, LDC [Note H] 99 99% 41,498 41,498
04. Nanyang General Light Electric Co., Ltd. [Note H] Uncertified 70% 31,894 31,894
03. AEP Resources Project Management Company, Ltd. [Note H] Uncertified 100% 412 405
04. NGLE Pushan Power, LDC [Note H] 99 1% 419 419
05. Nanyang General Light Electric Co., Ltd. [Note H] Uncertified 70% 13,669 13,669
02. AEP Resource Services, LLC [Note H] Uncertified 100% 1,433 1,433
02. Ventures Lease Co., LLC [Note Q] Uncertified 100% - -
01. Appalachian Power Company [Note J] 13,499,500 99% 112,671 112,671
02. Cedar Coal Co. [Note K] 2,000 100% 4,954 4,954
02. Central Appalachian Coal Company [Note K] 3,000 100% 760 760
02. Central Coal Company [Note K] 3,000 50% 604 604
02. Southern Appalachian Coal Company [Note K] 6,950 100% 9,786 9,786
02. West Virginia Power Company [Note N] 100 100% 267 257
01. Columbus Southern Power Company [Note J] 16,410,426 100% 791,498 791,419
02. Colomet, Inc. [Note T] 1,500 100% 2,277 2,277
02. Conesville Coal Preparation Company [Note M] 100 100% 1,600 1,100
02. Simco Inc. [Note N] 90,000 100% 363 363
02. Ohio Valley Electric Corporation [Note E] 4,300 4% 430 430
03. Indiana-Kentucky Electric Corporation [Note E] 17,000 100% 3,400 3,400
01. Franklin Real Estate Company [Note T] 100 100% 30 30
02. Indiana Franklin Realty, Inc. [Note T] 10 100% 1 1
01. Indiana Michigan Power Company [Note J] 1,400,000 100% 860,570 860,510
02. Blackhawk Coal Company [Note K] 39,521 100% 50,661 50,661
02. Price River Coal Company [Note K] 1,091 100% 27 27
01. Kentucky Power Company [Note J] 1,009,000 100% 256,130 256,130
01. Kingsport Power Company [Note J] 410,000 100% 23,782 23,782
01. Ohio Power Company [Note J] 27,952,473 99% 1,184,785 1,184,785
02. Cardinal Operating Company [Note E] 250 50% - -
02. Central Coal Company [Note K] 1,500 50% 604 604
01. Ohio Valley Electric Corporation [Note E] 39,900 40% 3,990 3,990
02. Indiana-Kentucky Electric Corporation [Note E] 17,000 100% 3,400 3,400
01. Wheeling Power Company [Note J] 150,000 100% 27,838 27,838
01. Central and South West Corporation [Note O] 100 100% 4,132,276 4,133,875
02. Central Power and Light Company [Note J] 6,755,535 100% 1,400,086 1,400,086
03. CPL Transition Funding LLC (DE) [Note AA] Uncertified 100% - -
02. Public Service Company of Oklahoma [Note J] 9,013,000 100% 480,225 480,225
03. Ash Creek Mining Company [Note K] 383,904 100% 3 3
02. Southwestern Electric Power Company [Note J] 7,536,640 100% 689,574 689,574
03. The Arklahoma Corporation [Note P] 238 44% 367 175
03. Southwest Arkansas Utilities Corporation [Note N] 100 N/A 10 10
03. Dolet Hills Lignite Company, LLC [Note L] Uncertified 100% 25,910 25,910
02. West Texas Utilities Company [Note J] 5,488,560 100% 245,420 245,420
02. CSW Leasing, Inc. [Note Q] 800 80% 27,468 21,974
02. AEP Credit, Inc. [Note R] 246 100% 65,578 65,578
02. C3 Communications, Inc. [Note C] 1,000 100% (89,664) (89,664)
04. CSWC TeleChoice Management, Inc. [Note C] 100 100% 1 1
04. CSWC TeleChoice, Inc. [Note C] 100 100% 1 1
03. INFINITEC [Note C] 1,000 100% 162,924 162,924
02. CSW Energy Inc. [Note S] 1,000 100% 162,974 162,974
03. AEP Wind GP, LLC [Note X] Uncertified 100% 1 1
04. Trent Wind Farm, LP [Note X] Partnership 1% 1 1
03. AEP Wind LP, LLC [Note X] Uncertified 100% 145 145
04. Trent Wind Farm, LP [Note X] Partnership 99% 94 94
03. CSW Development-I, Inc. [Note S] 1,000 100% 51,815 51,815
04. Polk Power GP II, Inc. [Note S] 500 50% 145 145
05. Polk Power GP, Inc. [Note S] 1,000 100% 181 181
06. Polk Power Partners, LP [Note S] Partnership 1% 588 588
04. CSW Mulberry II, Inc. [[Note S] 1,000 100% 26,644 26,644
05. CSW Mulberry, Inc. [Note S] 1,000 100% 28,502 28,502
04. Polk Power Partners, LP [Note S] Partnership 46% 26,910 26,910
04. Noah I Power GP, Inc. [Note S] 1,000 100% (1) (1)
05. Noah I Power Partners, LP [Note S] Partnership 1% 167 167
04. Noah I Power Partners, LP [Note S] Partnership 95% 15,774 15,774
05. Brush Cogeneration Partners [Note S] Partnership 50% 17,017 17,017
04. Orange Cogeneration GP II, Inc. [Note S] 500 50% 9 9
05. Orange Cogeneration G.P., Inc. [Note S] 1,000 100% 16 16
06. Orange Cogeneration Limited Partnership [Note S] Partnership 1% (61) (61)
Item 1. System Companies and Investment Therein As Of December 31, 2001. (Continued)
Number of
Common Issuer Owner's
Shares Voting Book Value Book Value
Name of Company Owned Power (in OOO's) (in 000'S)
---------------------------------------------------------------------------------------------------------------------------------
07. Orange Cogen Funding Corp. [Note S] 1,000 100% 1 1
04. CSW Orange II, Inc. [Note S] 1,000 100% 2,923 2,923
05. CSW Orange, Inc. [Note S] 1,000 100% 5,284 5,284
06. Orange Cogeneration Limited Partnership [Note S] Partnership 50% (3,028) (3,028)
07. Orange Cogen Funding Corp. [Note S] 1,000 100% N/A N/A
03. CSW Development-II, Inc. [Note S] 1,000 100% (3,999) (3,999)
03. CSW Ft. Lupton, Inc. [Note S] 1,000 100% 97,640 97,640
04. Thermo Cogeneration Partnership, L.P. [Note S] Partnership 50% 13,752 13,752
03. Newgulf Power Venture, Inc. [Note S] 1,000 100% 11,522 11,522
03. CSW Sweeny GP I, Inc. [Note S] 1,000 100% 232 232
04. CSW Sweeny GP II, Inc. [Note S] 1,000 100% 831 831
05. Sweeney Cogeneration Limited Partnership [Note S] Partnership 1% 654 654
03. CSW Sweeny LP I, Inc. [Note S] 1,000 50% 8,925 8,925
04. CSW Sweeny LP II, Inc. [Note S] 1,000 100% 41,711 41,711
05. Sweeney Cogeneration Limited Partnership [Note S] Partnership 49% 32,030 32,030
03. CSW Services International, Inc. [Note I] 1,000 100% 1,529 1,529
03. Diversified Energy Contractors Company, LLC [Note I] 1,000 100% 17,595 17,595
04. DECCO II LLC [Note I] 1,000 100% - -
05. Diversified Energy Contractors, LP [Note I] Partnership 99% (21) (21)
04. Diversified Energy Contractors, LP [Note I] Partnership 99% (2,052) (2,052)
04. Industry and Energy Associates, L.L.C. [Note I] 1,000 100% 1,485 1,485
03. CSW Eastex GP I, Inc. [Note S] 1,000 100% 424 424
04. CSW Eastex GP II, Inc. [Note S] 1,000 100% 427 427
05. Eastex Cogeneration Limited Partnership [Note S] Partnership 1% 423 423
03. CSW Eastex LP I, Inc. [Note S] 1,000 100% 20,266 20,266
04. CSW Eastex LP II, Inc. [Note S] 1,000 100% 20,687 20,687
05. Eastex Cogeneration Limited Partnership [Note S] Partnership 49% 20,721 20,721
02. CSW International, Inc. [Note H] 1,000 100% 963,364 963,364
03. CSWI Netherlands, Inc. [Note H] N/A 100% N/A N/A
03. CSW International Two, Inc. [Note H] 1,000 100% 610,218 610,218
04. CSW UK Holdings [Note H] 427,275,004 100% 636,079 636,079
05. CSWI Europe Limited [Note H] 1,000 100% 28,787 28,787
06. South Coast Power Limited [Note H] 1 50% - -
06. Shoreham Operations Company Limited [Note H] 2 50% - -
05. CSW UK Finance Company [Note H] 427,275,002 90% 693,699 693,699
06. CSW Investments [Note H] 699,825,002 90% 1,100,550 1,100,550
07. SEEBOARD Group plc [Note H] 969,169 100% 1,340,850 1,340,850
08. SEEBOARD (Generation) Limited [Note H] 1,000 100% 18,031 18,031
09. Medway Power Limited [Note H] 3,750 38% 61,354 61,354
08. SEEBOARD Natural Gas Limited [Note H] 2 100% (1,961) (1,961)
09. SEEBOARD Energy Gas Limited [Note H] Uncertified 100% - -
08. SEEBOARD plc [Note H] 250,493,703 100% 394,051 394,051
09. Longfield Insurance Company Limited [Note H] 500,000 100% 1,234 1,234
09. Seeb Limited [Note H] 10,000 100% 23 23
09. SEEBOARD Employment Services Limited [Note H] 2 100% 970 970
09. SEEBOARD Insurance Company Limited [Note H] 1,000,000 100% 10,861 10,861
09. SEEBOARD International Limited [Note H] 500,000 100% 1,028 1,028
09. SEEBOARD Share Scheme Trustees Limited [Note L] 2 N/A - -
09. SEEBOARD Trading Limited [Note H] 10,000,002 100% 36,471 36,471
09. SEEPOWER Limited [Note H] 10,000 100% 2,898 2,898
10. SEEBOARD Metering Limited [Note H] 10,000 100% (180) (180)
10. Power Asset Development Company Limited [Note H] 50 50% 1,002 1,002
10. SEEBOARD Powerlink Limited [Note H] 800,000 80% 20,478 20,478
09. Southern Gas Limited [Note H] 500,000 100% (11,109) (11,109)
09. SEEBOARD Power Networks plc [Note N] 50,000 100% 306,193 306,193
09. SEEBOARD Energy Limited [Note N] 50,000 100% 75,348 75,348
09. SEEBOARD Energy Gas Limited [Note N] 6,000,000 100% (6,463) (6,463)
03. CSW International Three, Inc. [Note H] 1,000 100% 145 145
05. CSW Investments [Note H] 100 10% 145 145
03. CSW International, Inc. (a Cayman Island Company) [Note H] 1,000 100% 166,595 166,595
04. CSW Vale L.L.C. [Note H] Partnership 99% 179,445 179,445
05. Caiua-Servicos de Electricidade S/A [Note H] 8,724,909 20% - -
05. Empresa de Electricidade Vale de Paranapanema S.A. [Note H] 21,498,445 21% - -
06. Caiua-Servicos de Electricidade S/A [Note H] N/A 61% N/A N/A
04. CSW Power do Brazil, Ltda [Note H] Uncertified 0% - -
03. CSW Vale L.L.C. [Note H] Partnership 1% 1,813 1,813
04. CSW Power do Brazil, Ltda [Note H] Uncertified 100% - -
04. Caiua-Servicos de Electricidade S/A [Note H] N/A 20% N/A N/A
04. Empresa de Electricidade Vale de Paranapanema S.A. [Note H] N/A 44% N/A N/A
05. Caiua-Servicos de Electricidade S/A [Note H] N/A 20% N/A N/A
03. Chile Energy Holdings, L.L.C. [Note H] N/A 90% N/A N/A
03. Latin American Energy Holdings, Inc. [Note H] N/A 100% N/A N/A
04. Chile Energy Holdings, L.L.C. [Note H] N/A 10% N/A N/A
03. CSW International Energy Development Ltd. [Note H] Uncertified 100% - -
04. Tenaska CSW International Ltd. [Note H] 1,000 50% - -
02. EnerShop Inc. [Note I] N/A 100% (17,959) (17,959)
03. Envirotherm, Inc. [Note I] N/A 100% N/A N/A
02. CSW Energy Services, Inc. [Note I] N/A 100% (47,163) (47,163)
03. Nuvest, L.L.C. [Note U] N/A 93% (18,398) (18,398)
04. National Temporary Services, Inc. [Note U] N/A 100% N/A N/A
Item 1. System Companies and Investment Therein As Of December 31, 2001. (Continued)
Number of
Common Issuer Owner's
Shares Voting Book Value Book Value
Name of Company Owned Power (in OOO's) (in 000'S)
---------------------------------------------------------------------------------------------------------------------------------
05. Octagon, Inc. [Note U] N/A 100% N/A N/A
04. Numanco, L.L.C. [Note U] N/A 100% N/A N/A
05. NuSun, Inc. [Note U] N/A 100% N/A N/A
06. Sun Technical Services, Inc. [Note U] N/A 100% N/A N/A
06. Calibration and Testing Corporation [Note U] N/A 100% N/A N/A
05. ESG Technical Services, L.L.C. [Note U] N/A 100% N/A N/A
05. National Environmental Services Technology, L.L.C. [Note U] N/A 100% N/A N/A
05. ESG Indonesia, L.L.C. [Note U] N/A 100% N/A N/A
05. ESG, L.L.C. [Note U] N/A 50% N/A N/A
05. Numanco Services, LLC N/A 100% N/A N/A
02. REP Holdco, Inc. [Note W] 3,000 100% (1,125) (1,125)
03. Mutual Energy CPL L.P. [Note W] Uncertified 100% (1,494) (1,494)
03. Mutual Energy WTU L.P. [Note W] Uncertified 100% (398) (398)
03. Mutual Energy SWEPCO L.P. [Note W] Uncertified 100% (4) (4)
03. REP General Partner LLC [Note W] Uncertified 100% 5 5
04. Mutual Energy CPL L.P. [Note W] Uncertified 1% (1,494) (7)
04. Mutual Energy WTU L.P. [Note W] Uncertified 1% (398) (2)
04. Mutual Energy SWEPCO L.P. [Note W] Uncertified 1% (4) (4)
Notes:
A. Public utility holding company.
B. Management, professional and technical services.
C. Telecommunications.
D. Broker and market energy commodities.
E. Generation.
F. Investor in companies developing energy-related ideas, products and
technologies.
G. Distributed generation products.
H. International energy-related investments, trading and other projects.
I. Non-regulated energy-related services and products.
J. Domestic electric utility.
K. Coal mining (inactive).
L. Coal mining (active).
M. Coal preparation.
N. Inactive.
O. Subsidiary public utility holding company.
P. Electric transmission.
Q. Leasing.
R. Accounts receivable factoring.
S. Independent power.
T. Real estate.
U. Staff augmentation to power plants.
V. Retail energy sales.
W. Marketing of natural gas, electricity or energy-related products.
X. Wind Power Generation.
Y. Barging Services
AA. Finance Subsidiary
BB. Energy services including operations, supply chain, transmission and
distribution
CC. Gas pipeline and processing
DD. Domestic energy-related investments, trading and other projects
N/A. Information not available
ITEM 2. ACQUISITIONS OR SALES OF UTILITY ASSETS
Brief Description
Name of Company Consideration of Transaction Location Exemption
--------------- ------------- ---------------- -------- ---------
Columbus Southern Power 1,284,000 OSU Transformers and CSP's OSU 138 KV Rule 44
Facilities Substation
ITEM 3. ISSUE, SALE, PLEDGE, GUARANTEE OR ASSUMPTION OF SYSTEM SECURITIES
Name of Issuer and Authorization
Description of Issues Date and Form of Transactions Consideration or Exemption
(1) (2) (3) (4)
--------------------- ----------------------------- ------------- -------------
(in thousands)
Appalachian Power Company:
-------------------------
Floating Rate Notes,
Series A, Due 2003 08/20/2001 - Public Offering 124,588 Rule 52
Indiana Michigan Power Company:
------------------------------
6.125% Notes,
Due December 15, 2006 12/12/2001 - Public Offering 297,656 Rule 52
Kingsport Power Company:
-----------------------
6.73% Notes,
Due February 15, 2004 2/16/2001 - Private Sale to Bank 20,000 Rule 52
GUARANTEE:
At December 31, 2001, American Electric Power Company, Inc. had outstanding
parental guaranties of approximately $2.5 billion.
Note: We have not reported transactions previously reported on form U-6B2.
ITEM 4. ACQUISITION, REDEMPTION OR RETIREMENT OF SYSTEM SECURITIES
Name of Company Extinguished (EXT)
Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization
Title of Issue Retiring Securities Consideration Further Disposition or Exemption
(1) (2) (3) (4) (5)
------------------ ----------------------- ------------- ------------------- -------------
(in thousands)
American Electric Power Service Corp:
Mortgage Notes
9.60% Series Due 2008 AEPSC 2,000 EXT Rule 42
Appalachian Power Company:
-------------------------
First Mortgage Bonds
6.38% Series Due 2001 APCo 100,000 EXT Rule 42
Senior Unsecured Note Payable -
Variable Due 2001 APCo 75,000 EXT Rule 42
Central Power and Light Company:
-------------------------------
First Mortgage Bonds
6.875% Series Due 2003 CPL 800 EXT Rule 42
Note Payable
Variable Due 2001 CPL 200,000 EXT Rule 42
Trust Preferred Securities
8.00% Due 2037 CPL 12,250 EXT Rule 42
ITEM 4. (CONTINUED)
Name of Company Extinguished (EXT)
Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization
Title of Issue Retiring Securities Consideration Further Disposition or Exemption
(1) (2) (3) (4) (5)
------------------ ----------------------- ------------- ------------------- -------------
(in thousands)
Columbus Southern Power Company:
-------------------------------
Cumulative Preferred Stock
$100 Par Value
7.00% Series CSPCo 5,000 EXT Rule 42
Senior Unsecured Note Payable
6.85% Due 2005 CSPCo 11,730 EXT Rule 42
Junior Debentures
8.375% Due 2025 CSPCo 2,189 EXT Rule 42
First Mortgage Bonds
6.10% Series Due 2003 CSPCo 14,880 EXT Rule 42
6.55% Series Due 2004 CSPCo 23,432 EXT Rule 42
6.60% Series Due 2003 CSPCo 14,994 EXT Rule 42
6.75% Series Due 2004 CSPCo 23,944 EXT Rule 42
6.80% Series Due 2003 CSPCo 31,975 EXT Rule 42
7.15% Series Due 2002 CSPCo 13,616 EXT Rule 42
7.25% Series Due 2002 CSPCo 42,821 EXT Rule 42
7.45% Series Due 2024 CSPCo 31,550 EXT Rule 42
7.60% Series Due 2024 CSPCo 30,851 EXT Rule 42
7.90% Series Due 2023 CSPCo 10,425 EXT Rule 42
8.40% Series Due 2022 CSPCo 15,557 EXT Rule 42
8.70% Series Due 2022 CSPCo 34,667 EXT Rule 42
8.40% Series Due 2022 CSPCo 12,102 EXT Rule 42
CSW Energy:
----------
Senior Unsecured Note Payable
6.875% Due 2001 CSWE 200,000 EXT Rule 42
ITEM 4. (CONTINUED)
Name of Company Extinguished (EXT)
Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization
Title of Issue Retiring Securities Consideration Further Disposition or Exemption
(1) (2) (3) (4) (5)
------------------ ----------------------- ------------- ------------------- -------------
(in thousands)
Indiana Michigan Power Company:
------------------------------
First Mortgage Bonds
7.35% Series Due 2023 I&M 5,051 EXT Rule 42
7.63% Series Due 2001 I&M 40,000 EXT Rule 42
Kentucky Power Company:
----------------------
First Mortgage Bonds
8.90% Series Due 2001 KPCo 40,000 EXT Rule 42
8.95% Series Due 2001 KPCo 20,000 EXT Rule 42
Kingsport Power Company:
-----------------------
Notes Payable
6.75% Due 2001 KGPCo 10,000 EXT Rule 42
Ohio Power Company:
------------------
First Mortgage Bonds
6.00% Series Due 2003 OPCo 12,359 EXT Rule 42
6.15% Series Due 2023 OPCo 29,760 EXT Rule 42
8.80% Series Due 2022 OPCo 47,146 EXT Rule 42
6.75% Series Due 2003 OPCo 9,027 EXT Rule 42
6.55% Series Due 2003 OPCo 4,817 EXT Rule 42
7.75% Series Due 2023 OPCo 35,876 EXT Rule 42
7.375% Series Due 2023 OPCo 20,934 EXT Rule 42
7.10% Series Due 2023 OPCo 8,304 EXT Rule 42
7.30% Series Due 2024 OPCo 12,129 EXT Rule 42
Senior Unsecured Notes Payable
Variable - Due 2001 OPCo 75,000 EXT Rule 42
Public Service Company of Oklahoma:
----------------------------------
First Mortgage Bonds
5.91% Series Due 2001 PSO 6,000 EXT Rule 42
6.02% Series Due 2001 PSO 14,000 EXT Rule 42
ITEM 4. (CONTINUED)
Name of Company Extinguished (EXT)
Name of Issuer and Acquiring, Redeeming or or Held (H) for Authorization
Title of Issue Retiring Securities Consideration Further Disposition or Exemption
(1) (2) (3) (4) (5)
------------------ ----------------------- ------------- ------------------- -------------
(in thousands)
SEEBOARD:
Yankeebonds:
7.98% Due 2001 SEE 186,817 EXT Rule 42
Southern Ohio Coal Company:
--------------------------
Notes Payable
6.20% Due 2001 SOCCo 30,000 EXT Rule 42
Finance Obligation
6.98% Due 2001 SOCCo 12,506 EXT Rule 42
Wheeling Power Company:
----------------------
Notes Payable
6.75% Due 2001 WPCo 10,000 EXT Rule 42
7.5625% Due 2001 WPCo 11,000 EXT Rule 42
Note: We have not reported transactions previously reported on form U-6B2.
ITEM 5. INVESTMENTS IN SECURITIES OF NONSYSTEM COMPANIES AS OF DECEMBER 31, 2001.
1. Aggregate amount of investments in persons operating in the retail
service area of AEP or of its subsidiaries.
Aggregate Amount of Investments Number of
Name of in Persons (Entities), Operating in Persons Description of
Company Retail Service Area of Owner (Entities) Persons (Entities)
(1) (2) (3) (4)
------- ----------------------------------- ---------- ------------------
(in thousands)
APCo $ 731 9 Industrial Development Corporations
AEPINV 1,237 1 Economic Development Company
AEPINV 100 1 Economic Development Company
WPCo 13 1 Industrial Development Corporation
2. Securities owned not included in 1 above.
Name of Nature of Description Number Percent of Owner's
Company Name of Issuer Issuer's Business of Securities of Shares Voting Power Book Value
(1) (2) (3) (4) (5) (6) (7)
------- -------------- ----------------- ------------- --------- ------------ ----------
(in thousands)
AEPINV Intersource Research & Common Stock 800,000 9.9 -
Technologies, Inc. Technology Development Preferred Stock 95,000
AEPINV EnviroTech Investment Research &
Fund I Technology Development Limited Partner * 9.8 2,492
AEPINV Altra Energy Internet-based Energy Convertible
Technologies, Inc. Trading Preferred Stock 952,381 ** 5,000
Redeemable Preferred 300,000 300
AEPPRO Powerspan Corp. Research & Convertible
Technology Development Preferred Stock 5,369,851 9.8 5,000
AEPES IntercontinentalExchange Trading platform for Limited Liability
LLC Electric Utilities Company *** 5.3 6,541
AEP Integrated Communica- Development of
tions System, Inc. Demand Side Management Common Stock 80,000 8.4 -
AEPINV Pantellos Corporation Internet-based Supply Common Stock 538,935 5.0 5,289
Chain
AEPINV Active Power, Inc. Research & Common Stock 118,843 0.3 2,906
Technology Development
SEEBOARD Electricity Pension
plc Trustee Limited Trustee Company Common Stock 20,000 4.9 29,860
SEEBOARD ESN Holdings Limited Trustee Company Common Stock 104 4.9 155
plc
SEEBOARD ESN Holdings Limited Trustee Company Preference shares 50,000 N/A 74,650
plc
PSO AEMT, Inc Manufacturer and sells Preferred Stock
residential surge Series 1,
protectors and power Class A Non-voting 250,000 N/A 322
quality devices for Class B Non-voting 781,250 N/A 1,506
industrial customers
PSO The RIKA Companies Engaged in the Membership Units 217 4.0 1,918
development and
RIKA Management commercialization of
Company, LLC computer automation
technology for the
Universal Power electric power industry
Products Company, LLC
Automated Substation
Development Co, LLC
RC Training, LLC
* Limited Partnership Interests
** Less than 3%
*** One-third Membership Interest
ITEM 6. OFFICERS AND DIRECTORS
PART I as of December 31, 2001
The following are the abbreviations to be used for principal business address
and positions.
Principal Business Address Code
1 Riverside Plaza
Columbus, OH 43215 (a)
40 Franklin Road
Roanoke, VA 24022 (b)
700 Morrison Road
Gahanna, OH 43230 (c)
One Summit Square
Fort Wayne, IN 46801 (d)
555 Office Center Place
Gahanna, OH 43230 (e)
Dayuan Zhuan Village
Pushan Town, Nanyang City
People's Republic of China (f)
Walker House
P.O. Box 908GT
George Town, Grand Cayman
Cayman Islands (g)
400 W. 15th Street
Austin, TX 78701 (h)
1105 North Market Street
Wilmington, DE 19801 (i)
600 Bourke Street
Melbourne, Victoria
3000 Australia (j)
29/30 St. James's Street, London
SW1A 1HB, Great Britain (k)
P.O. Box B
Brilliant, OH 43913 (l)
301 Cleveland Ave., SW
Canton, OH 44702 (m)
225 South 15th Street
Philadelphia, PA 19102 (n)
222 Bayou Road
Belle Chasse, LA 70037 (o)
P.O. Box 127, Convent, LA 70723 (p)
Herengracht 548
1017 CG Amsterdam
The Netherlands (q)
Suite 400, Deseret Building
Salt Lake City, UT 84111 (r)
1701 Central Avenue
Ashland, KY 41101 (s)
301 Virginia Street East
Charleston, WV 25301 (t)
P.O. Box 75
Wheeling, WV 26003 (u)
16090 Swingley Ridge Rd.#600
Chesterfield, MO 63017 (v)
P.O. Box 468
Piketon, Ohio 45661 (w)
2600 Via Fortuna, Ste 500
Austin, TX 78746 (x)
P.O. Box 309, S. Church St.
George Town, Grand Cayman
Cayman Islands (y)
Hoffsveien 1D
0275 Oslo, Norway (z)
474 Flinders Street
Melbourne, Victoria
3000 Australia (aa)
1201 Louisiana St., Suite 1200
Houston, TX 77002 (bb)
Av Dr. Churcrizaldan, 920-8E
13 Andares, Market Place Tower
04583-404-Sao Paulo-SP-Brazil (cc)
Level 15, 624 Bourke Street
Melbourne, Victoria
3000 Australia (dd)
Bahnstrasse 16, 40212
Dusseldorf, Germany (ee)
50 Berkeley Street, 6th Fl.
Mayfair, London W1J8AP
GB (ff)
Dr Karl Lueger-Ring 12
1010 Wien, Austria (gg)
Alpenstrasse 12
CH-6304 Zug, Switzerland (hh)
130 N. Main Street
Butte, MT 59701 (ii)
212 E. 6th Street
Tulsa, OK 74119 (jj)
539 N. Carancahua Street
Corpus Christi, TX 78401 (kk)
1616 Woodall Rodgers Fwy
Dallas, TX 75202 (ll)
Forest Gate, Brighton Road
Crawley, West Sussex
RH11 9BH Great Britain (mm)
Torre Chapultepec Piso 13
Ruben Dario, No.281,
Bosques de Chapultepec
11580 Mexico, D.F. (pp)
Williams Tower 2, W. 2nd Street
Tulsa, OK 74121 (qq)
428 Travis Street
Shreveport, LA 71156 (rr)
301 Cypress Street
Abilene, TX 79601 (ss)
Position Code
Director D
Chairman of the Board CB
Vice Chairman of the Board VCB
President P
Chief Executive Officer CEO
Chief Operating Officer COO
Executive Vice President EVP
Senior Vice President SVP
Vice President VP
Controller C
Deputy Controller DC
Secretary S
Treasurer T
Acting General Counsel AGC
Chief Financial Officer CFO
Chief Accounting Officer CAO
Chief Information Officer CIO
Chief Risk Officer CRO
Managing Director MD
Board of Managers B
Delegate Manager DM
General Manager GM
General Counsel GC
Assistant Controller AC
Assistant Secretary AS
Assistant Treasurer AT
Assistant General Counsel AstGC
The officer's or director's principal business address is the same as indicated
in the Company heading unless another address is provided with the individual's
name.
American Electric Power Company, Inc.
Name and Principal Address(a) Position
E. R. Brooks D
3919 Crescent Drive
Granbury, TX 76049
Donald M. Carlton D
8501 Mo-Pac Blvd.
Austin, TX 78720
John P. DesBarres D
P.O. Box 189
Park City, UT 84060
E. Linn Draper, Jr. D,CB,P,CEO
Robert W. Fri D
6001 Overlea Road
Bethesda, MD 20816
William R. Howell D
6501 Legacy Drive
Plano, TX 75024
Lester A Hudson, Jr. D
P.O. Box 8583
Greenville, SC 29604
Leonard J. Kujawa D
225 Peachtree St.,NE
Atlanta, GA 30303
James L. Powell D
301 W. Beauregard
San Angelo, TX 76903
Richard L. Sandor D
111 W. Jackson Blvd., 14th FL.
Chicago, IL 60604
Thomas V. Shockley, III D,VCB
Donald G. Smith D
P.O. Box 13948
Roanoke, VA 24038
Linda Gillespie Stuntz D
1275 Pennsylvania Ave.,NW
Washington, DC 20004
Kathryn D. Sullivan D
795 Old Oak Trace
Columbus, OH 43235
Henry W. Fayne VP
Susan Tomasky VP,S,CFO
Armando A. Pena T
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
William L. Scott AC
Thomas G. Berkemeyer AS
Jeffrey D. Cross AS
Geoffrey S. Chatas AT
Wendy G. Hargus (ll) AT
AEP Acquisition, L.L.C.
Name and Principal Address(a) Position
Thomas V. Shockley,III CB
Eric J. van der Walde P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Armando A. Pena VP,T
Leonard V. Assante C
Timothy A. King S
AEP Coal, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Charles A. Ebetino,Jr.(e) D,P
Armando A. Pena D,VP,T
Susan Tomasky D,VP
Timothy A. King S
AEP Communications, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,P
Frederick J. Boyle VP
Holly Keller Koeppel VP
Peter R. Thomas VP
Jeffrey J. Tolnar VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Communications, LLC
Name and Principal Address(a) Position
Holly Keller Koeppel B,VP
Armando A. Pena B,T
Susan Tomasky B,P
Jeffrey D. Cross S
AEP Credit, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO,P
Henry W. Fayne D,VP
L. T. McDowell (ll) D
Armando A. Pena D,T
Thomas V. Shockley, III D
Susan Tomasky D,VP
Joseph H. Vipperman D
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
AEP C&I Company, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP
Armando A. Pena B,VP,T
Thomas V. Shockley,III B,CB,P
Geoffrey S. Chatas VP
Timothy A. King S
AEP Delaware Investment Company
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,P,T
Mark A. Pyle (a) D
Joseph M. Buonaiuto (a) C
AEP Delaware Investment Company II
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,P,T
Mark A. Pyle (a) D
Joseph M. Buonaiuto(a) C
AEP Delaware Investment Company III
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,P,T
Mark A. Pyle (a) D
Joseph M. Buonaiuto(a) C
AEP Elmwood LLC
Name and Principal Address(o) Position
Steven A. Appelt (a) B,VP
Dwayne L. Hart (a) B,VP
Armando A. Pena (a) B,T
Douglas K. Penrod (a) B,VP
Eric J. van der Walde(a) B,P
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
AEP EmTech, LLC
Name and Principal Address(a) Position
Henry W. Fayne B
Thomas V. Shockley,III B
Susan Tomasky B
John D. Harper P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Thomas L. Jones VP
Holly Keller Koeppel VP
John H. Provanzana VP
Timothy A. King S
Armando A. Pena T
AEP Energy Services Gas Holding Company
Name and Principal Address(i) Position
E. Linn Draper, Jr.(a) D,CB,CEO
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,P
Susan Tomasky (a) D
Eric J. van der Walde (a) D,VP
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Dwayne L. Hart (a) VP
Joseph M. Buonaiuto (a) C
Thomas S. Ashford (a) S
AEP Energy Services Gas Holding
Company II
Name and Principal Address(a) Position
None
AEP Energy Services GmbH
Name and Principal Address(ee)Position
Henry D. Jones (ff) MD
Armando A. Pena (a) MD,T
Thomas V. Shockley,III(a) MD
AEP Energy Services Investments, Inc.
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,VP,T
Mark A. Pyle (a) D
Thomas V. Shockley,III(a) P
Joseph M. Buonaiuto (a) C
AEP Energy Services Limited
Name and Principal Address(ff)Position
Geoffrey S. Chatas (a) D
Jeffrey D. Cross (a) D
John Whitehead D
Henry D. Jones MD
Armando A. Pena (a) T
Linda M. Pszon S
AEP Energy Servies Norway AS
Name and Prinipal Address(z) Position
Thor Lien D
AEP Energy Services Trading Limited
Name and Principal Address(ff)Position
Henry D. Jones D
John Whitehead D
Linda M. Pszon S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
AEP Energy Services UK Generation Limited
Name and Principal Address(ff)Position
Geoffrey S. Chatas (a) D
Jeffrey D. Cross (a) D
Henry D. Jones D
Armando A. Pena (a) D,T
John Whitehead D
Linda M. Pszon S
AEP Energy Services (Austria) GmbH
Name and Principal Address(gg)Position
Paul D. Addis (a) MD
Henry D. Jones (ff) MD
Armando A. Pena (a) MD,T
AEP Energy Services (Switzerland) GmbH
Name and Principal Address(hh)Position
Paul D. Addis (a) MD
Henry D. Jones (ff) MD
Armando A. Pena (a) MD,T
AEP Energy Services Ventures, Inc.
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,VP,T
Mark A. Pyle (a) D
Thomas V. Shockley,III(a) P
Joseph M. Buonaiuto (a) C
AEP Energy Services Ventures II, Inc.
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,VP,T
Mark A. Pyle (a) D
Thomas V. Shockley,III(a) P
Joseph M. Buonaiuto (a) C
AEP Energy Services Ventures III, Inc.
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,VP,T
Mark A. Pyle (a) D
Thomas V. Shockley,III(a) P
Joseph M. Buonaiuto (a) C
AEP Energy Services, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,P
Susan Tomasky D,VP
Eric J. van der Walde D,EVP
Steven A. Appelt EVP
Dwayne L. Hart SVP
Henry D. Jones (ff) SVP
Andrew W. Patterson SVP
William C. Reed, II SVP
George Rooney SVP
David A. Banks VP
Thomas A. Barry VP
Robert W. DeLarm VP
David B. Dunn VP
Paul S. Mason VP
Kevin McGowan VP
Lylwyn T. Michals (bb) VP
Glenn Riepl VP
Donald M. Norman VP
P. M. O'Brien VP
Douglas K. Penrod VP
Brent A. Price VP
Richard R. Snowdon VP
Brian X. Tierney VP
Gregory E. Wolfe VP
Koin Cntr, 222 SW Columbia St.
Suite 1550, Portland, OR 97201
Charles E. Zebula VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Fiber Venture, LLC
Name and Principal Address(a) Position
Holly Keller Koeppel B,VP
Armando A. Pena B,VP,T
Susan Tomasky B,P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Timothy A. King S
AEP Funding Limited
Name and Principal Address(g) Position
Jeffrey D. Cross (a) D,S
Armando A. Pena (a) D,T
AEP Gas Marketing LP
Name and Principal Address(bb)Position
Thomas V. Shockley,III(a) P
Steven A. Appelt (a) VP
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Edward D. Gottlob VP
Dwayne L. Hart (a) VP
Armando A. Pena (a) VP,T
Eric J. van der Walde (a) VP
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
AEP Gas Power GP, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP
Armando A. Pena B,T
Thomas V. Shockley,III B,CB,P
Timothy A. King S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
AEP Gas Power Systems, LLC
Name and Principal Address(a) Position
Steven A. Appelt B
Charles C. Cooper B
430 Telser Road
Lake Zurich, IL 60047-1588
Daniel O. Dickinson B
430 Telser Road
Lake Zurich, IL 60047-1588
Mark W. Marano B,P,CEO
John F. Norris, Jr. B
Armando A. Pena T
Timothy A. King S
AEP Generating Company
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,P
Armando A. Pena D,VP,T
Robert P. Powers D
Thomas V. Shockley, III D,VP
Susan Tomasky D,VP
Joseph H. Vipperman D,VP
John F. Norris, Jr. VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Indian Mesa GP, LLC
Name and Principal Address(a) Position
Jeffrey D. Cross B,VP
Dwayne L. Hart B,VP
Armando A. Pena B,VP,T
Thomas V. Shockley,III B,CB,P
Geoffrey S. Chatas VP
Timothy A. King S
AEP Indian Mesa LP, LLC
Name and Principal Address(a) Position
Jeffrey D. Cross B,VP
Dwayne L. Hart B,VP
Armando A. Pena B,VP,T
Thomas V. Shockley,III B,CB,P
Geoffrey S. Chatas VP
Timothy A. King S
AEP Investments, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,P
Frederick J. Boyle VP
Holly Keller Koeppel VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Kentucky Coal, L.L.C.
Name and Principal Address(a) Position
Jeffrey D. Cross B,VP
Charles A. Ebetino,Jr.(e) B,P
Armando A. Pena B,VP,T
Susan Tomasky VP
Timothy A. King S
AEP MEMCo LLC
Name and Principal Address(v) Position
Steven A. Appelt (a) B,VP
Dwayne L. Hart (a) B,VP
Armando A. Pena (a) B,T
Douglas K. Penrod (a) B,VP
Eric J. van der Walde(a) B,P
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
AEP Ohio Coal, L.L.C.
Name and Principal Address(a) Position
Jeffrey D. Cross B,VP
Charles A. Ebetino, Jr. B,P
Armando A. Pena B,VP,T
Susan Tomasky VP
Timothy A. King S
AEP Ohio Commercial & Industrial Retail
Company, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP
Armando A. Pena B,VP,T
Thomas V. Shockley,III B,CB,P
Geoffrey S. Chatas VP
Timothy A. King S
AEP Ohio Retail Energy, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP,S
Armando A. Pena B,T
Thomas V. Shockley,III B,CB,P
AEP Power Marketing, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Susan Tomasky D,VP
Thomas V. Shockley,III P
Joseph M. Buonaiuto C,CAO
Thomas S. Ashford S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
AEP Pro Serv, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
John F. Norris, Jr. D
Armando A. Pena D,VP,T
Robert P. Powers D,VP
Thomas V. Shockley, III D,VP
Susan Tomasky D,VP
John R. Jones P
V. A. Lepore SVP
L. E. Dillahunty (ll) VP
Mark A. Gray VP
James A. Howard VP
Dennis A. Lantzy VP
John A. Mazzone VP
J. K. McWilliams VP
Martin L. Mearhoff VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Resource Services, LLC
Name and Principal Address(a) Position
Frederick J. Boyle B,VP
Armando A. Pena P,T
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Timothy A. King S
AEP Resources, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,P
Donald E. Boyd SVP
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle VP
Henry D. Jones (ff) VP
Holly Keller Koeppel VP
James H. Sweeney VP
155 West Nationwide Blvd.
Columbus, OH 43215
Christopher Wilson (k) VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
AEP Resources Australia Holdings Pty Ltd
Name and Principal Address(j) Position
--------------------------------------
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Holly Keller Koeppel (a) D
John Marshall (dd) D
Armando A. Pena (a) D,T
Jeffrey D. Cross (a) S
Simon Lucas (dd) S
AEP Resources Australia Pty., Ltd.
Name and Principal Address(j) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Jeffrey D. Cross (a) D,S
Armando A. Pena (a) D
Timothy A. King (a) S
AEP Resources do Brasil Ltda.
Name and Principal Address(cc)Position
Hercules Celescuekci DM
AEP Resources CitiPower I Pty Ltd
Name and Principal Address(j) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Holly Keller Koeppel (a) D
John Marshall (dd) D
Armando A. Pena (a) D,T
Jeffrey D. Cross (a) S
Simon Lucas (dd) S
AEP Resources CitiPower II Pty Ltd
Name and Principal Address(j) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Holly Keller Koeppel (a) D
John Marshall (dd) D
Armando A. Pena (a) D,T
Jeffrey D. Cross (a) S
Simon Lucas (dd) S
AEP Resources International, Limited
Name and Principal Address(g) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T,CFO
David Mustine (c) SVP
Jeffrey D. Cross (a) VP,GC
John R. Jones (a) VP
Dennis A. Lantzy (a) VP
Leonard V. Assante(a) C,CAO
AEP Resources Limited
Name and Principal Address(k) Position
Jeffrey D. Cross (a) D,S
Armando A. Pena (a) D,T
Christopher Wilson MD
AEP Resources Project Management Company, Ltd.
Name and Principal Address(g) Position
Jeffrey D. Cross (a) D
Armando A. Pena (a) D,T
Walkers SPV Limited S
AEP Retail Energy, LLC
Name and Principal Address(a) Position
Henry W. Fayne B,VP
Susan Tomasky B,S
Armando A. Pena T
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
AEP Texas Commercial & Industrial
Retail GP, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP
Armando A. Pena B,T
Thomas V. Shockley,III B,CB,P
Timothy A. King S
AEP Texas Commercial & Industrial Retail
Limited Partnership
Name and Principal Address(h) Position
Thomas V. Shockley,III(a) P
Steven A. Appelt (a) VP
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Andrew W. Patterson (a) VP
Armando A. Pena (a) VP,T
George Rooney (a) VP
Timothy A. King (a) S
AEP Texas POLR, LLC
Name and Principal Address(a) Position
Steven A. Appelt B,VP
Jeffrey D. Cross B,VP
Armando A. Pena B,T
Thomas V. Shockley,III B,CB,P
Timothy A. King S
AEP Texas POLR GP, LLC
Name and Principal Address(h) Position
Steven A. Appelt (a) B,VP
Jeffrey D. Cross (a) B,VP
Armando A. Pena (a) B,T
Thomas V. Shockley,III(a) B,CB,P
Timothy A. King (a) S
AEP T&D Services, LLC
Name and Principal Address(a) Position
Jeffrey D. Cross B,VP
Glenn M. Files (c) B,VP
David Mustine (c) B,VP
Armando A. Pena B,T
Richard P. Verret B,VP
825 Tech Center Drive
Gahanna, OH 43230
Timothy A. King S
AEP West Virginia Coal, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Charles A. Ebetino,Jr.(e) D,P
Armando A. Pena D,VP,T
Susan Tomasky D,VP
Timothy A. King S
AEP Wind GP, LLC
Name and Principal Address(a) Position
Thomas V. Shockley,III P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Dwayne L. Hart VP
Armando A. Pena VP,T
Timothy A. King S
AEP Wind LP, LLC
Name and Principal Address(a) Position
Thomas V. Shockley,III P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Dwayne L. Hart VP
Armando A. Pena VP,T
Timothy A. King S
AEPR Global Holland Holding B.V.
Name and Principal Address(q) Position
AEP Resources, Inc. (a) MD
Geoffrey S. Chatas (a) MD
Jeffrey D. Cross (a) MD
Henry D. Jones (ff) MD
Armando A. Pena (a) MD
John Whitehead (ff) MD
John David Young (ff) MD
AEPR Global Investments B.V.
Name and Principal Address(q) Position
Geoffrey S. Chatas (a) MD
Jeffrey D. Cross (a) MD
Henry D. Jones (ff) MD
Armando A. Pena (a) MD
John Whitehead (ff) MD
Christopher Wilson (k) MD
AEPR Global Ventures B.V.
Name and Principal Address(q) Position
Geoffrey S. Chatas (a) MD
Jeffrey D. Cross (a) MD
Henry D. Jones (ff) MD
Armando A. Pena (a) MD
John Whitehead (ff) MD
Christopher Wilson (k) MD
American Electric Power Service Corporation
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,P,CEO
Henry W. Fayne D,EVP
Robert P. Powers D,EVP
Thomas V. Shockley, III D,VCB,COO
Susan Tomasky D,EVP,GC,AS
Joseph H. Vipperman D,EVP
Melinda S. Ackerman SVP
Nicholas J. Ashooh SVP
J. C. Baker SVP
A. Christopher Bakken,III SVP
One Cook Place
Bridgman, MI 49106
Joseph M. Buonaiuto SVP,C,CAO
Jeffrey D. Cross SVP,AGC,AS
Thomas M. Hagan SVP
Dale E. Heydlauff SVP
Michael F. Moore SVP,CIO
R. E. Munczinski SVP
John F. Norris, Jr. SVP
Armando A. Pena SVP,T
Leonard V. Assante VP,DC
Edward J. Brady VP
Bruce H. Braine VP
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
(Continued)
American Electric Power Service Corporation
Name and Principal Address(a) Position
Robert T. Burns (ll) VP
Geoffrey S. Chatas VP,AS
W. N. D'Onofrio VP
Diane M. Fitzgerald VP
1367 Silverbrook Lane
St.Joseph, MI 49085
Joseph Hamrock (c) VP
Jane A. Harf VP
88 East Broad Street, Ste 800
Columbus, OH 43215
Wendy G. Hargus (ll) VP,AT
John D. Harper VP
Timothy G. Harshbarger VP
Thomas S. Jobes VP
Anthony P. Kavanagh VP
801 Pennsylvania Ave.
Washington, DC 20004
Michael D. Martin VP
Martin L. Mearhoff VP
Mark W. Menezes VP
801 Pennsylvania Ave.
Washington, DC 20004
D. Michael Miller VP
Richard A. Mueller VP
Charles R. Patton VP
400 West 15th Street Ste 1500
Austin, TX 78701
Gary M. Prescott VP
H. E. Rhodes (c) VP
Daniel J. Rogier VP
William L. Scott VP
O. J. Sever VP
William L. Sigmon, Jr. VP
Scott N. Smith VP,CRO
Stuart Solomon VP
Mark A. Welch VP
Mark G. Zardus VP
Waldo Zerger VP
221 North Front Street
Columbus, OH 43215
Thomas S. Ashford S
Thomas G. Berkemeyer AS,AstGC
American Fiber Touch, LLC
Name and Principal Address(ii) Position
Perry J. Cole B
Holly Keller Koeppel (a) B
Michael J. Meldahl B
Appalachian Power Company
Name and Principal Address(b) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
R. D. Carson, Jr. VP
1051 East Cary Street, 7th Fl.
Richmond, VA 23219
Mark E. Dempsey (t) VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr.(a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford(a) S
Ash Creek Mining Company
Name and Principal Address(jj)Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford(a) S
Australia's Energy Partnership
Name and Principal Address(j) Position
Armando A. Pena (a) T
Blackhawk Coal Company
Name and Principal Address(r) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford(a) S
C3 Communications, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,P
Frederick J. Boyle VP
Holly Keller Koeppel VP
Peter R. Thomas VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
C3 Networks & Communications Limited
Partnership
Name and Principal Address(x) Position
Susan Tomasky (a) P
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Holly Keller Koeppel (a) VP
Armando A. Pena (a) VP,T
Timothy A. King (a) S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
C3 Networks GP, L.L.C.
Name and Principal Address(x) Position
Jeffrey D. Cross (a) B,VP
Holly Keller Koeppel (a) B,VP
Armando A. Pena (a) B,VP,T
Susan Tomasky (a) B,P
Geoffrey S. Chatas (a) VP
Timothy A. King (a) S
C3 Networks Limited Partnership
Name and Principal Address(x) Position
Susan Tomasky (a) P
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Holly Keller Koeppel (a) VP
Armando A. Pena (a) VP,T
Timothy A. King (a) S
Cardinal Operating Company
Name and Principal Address(l) Position
Anthony J. Ahern D
6677 Busch Blvd.
Columbus, OH 43226
J. C. Baker (a) D
Richard K. Byrne D,VP
6677 Busch Blvd.
Columbus, OH 43226
E. Linn Draper, Jr. (a) D,P
Henry W. Fayne (a) D,VP
John R. Jones (a) D,VP
Ralph E. Luffler D,VP
P.O. Box 250
Lancaster, OH 43130-0250
Steven K. Nelson D,VP
P.O. Box 280
Coshocton, OH 43812
John F. Norris, Jr.(a) D,VP
Michael L. Sims D
3888 Stillwell Beckett Rd.
Oxford, OH 45056
Joseph M. Buonaiuto (a) C
Armando A. Pena (a) T
Thomas S. Ashford (a) S
Cedar Coal Co.
Name and Principal Address(b) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford(a) S
Central and South West Corporation
Name and Principal Address(ll)Position
E. Linn Draper, Jr.(a) D,CB,CEO,P
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,T
Robert P. Powers (a) D
Thomas V. Shockley,III(a) D,VCB,COO
Susan Tomasky (a) D
Joseph H. Vipperman (a) D
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Central Appalachian Coal Company
Name and Principal Address(b) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Central Coal Company
Name and Principal Address(b) Position
E. Linn Draper, Jr.(a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Central Power and Light Company
Name and Principal Address(kk)Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
Julio C. Reyes (h) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, Ohio 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Chile Energy Holdings, L.L.C.
Name and Principal Address(y)Position
Jeffrey D. Cross (a) D,VP
Dwayne L. Hart (a) D,P
Armando A. Pena (a) D,VP
Susan Tomasky (a) D
Geoffrey S. Chatas (a) VP
Sandra S. Bennett (a) C
Wendy G. Hargus (ll) T
Timothy A. King (a) S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
CitiPower Pty
Name and Principal Address(dd)Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Michael Codd, AC D
Jeffrey D. Cross (a) D,S
Brian Healey D
Holly Keller Koeppel (a) D
John Marshall D
Armando A. Pena (a) D,T
Simon Lucas S
CitiPower Trust
Principal Address (j)
NONE
Colomet, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,P,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,VP
Joseph H. Vipperman D,VP
Glenn M. Files (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
Columbus Southern Power Company
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,P
Armando A. Pena D,VP,T
Robert P. Powers D,VP
Thomas V. Shockley,III D,VP
Susan Tomasky D,VP
Joseph H. Vipperman D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
Floyd W. Nickerson VP
88 East Broad Street, Ste 800
Columbus, OH 43215
John F. Norris, Jr. VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
Conesville Coal Preparation Company
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley,III D,VP
Susan Tomasky D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
Conlease, Inc.
Name and Principal Address (p)
Steven A. Appelt (a) D
Dwayne L. Hart (a) D,VP
Armando A. Pena (a) D,VP,T
Douglas K. Penrod (a) D,VP
Eric J. van der Walde(a) D,P
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
CSW Development-3, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Development-II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Development-I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Eastex GP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (11) T
CSW Eastex GP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (11) T
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
CSW Eastex LP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (11) T
CSW Eastex LP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (11) T
CSW Energy Services, Inc.
Name and Principal Address(a) Position
Holly Keller Koeppel D,P
Armando A. Pena D,VP,T
Thomas V. Shockley, III D
Joseph M. Buonaiuto C,CAO
Thomas S. Ashford S
CSW Energy, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,P
Susan Tomasky D,VP
Dwayne L. Hart VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
CSW Frontera GP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Frontera GP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Frontera LP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Frontera LP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Ft. Lupton, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW International Three, Inc.
Name and Principal Address(a) Position
Geoffrey S. Chatas D
Jeffrey D. Cross D,VP
Timothy A. King D,S
Armando A. Pena D,P,T
Mark A. Pyle D
Joseph M. Buonaiuto C
CSW International Two, Inc.
Name and Principal Address(a) Position
Geoffrey S. Chatas D
Jeffrey D. Cross D,VP
Timothy A. King D,S
Armando A. Pena D,P,T
Mark A. Pyle D
Joseph M. Buonaiuto C
CSW International (U.K.), Inc.
Name and Principal Address(a) Position
Geoffrey S. Chatas D
Jeffrey D. Cross D,VP
Timothy A. King D,S
Armando A. Pena D,P,T
Mark A. Pyle D
Joseph M. Buonaiuto C
CSW International, Inc.(a Delaware
Corp.)
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,P
Susan Tomasky D,VP
Dwayne L. Hart VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
CSW International, Inc.(a Cayman
Corp.)
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Susan Tomasky D
Geoffrey S. Chatas VP
Sandra S. Bennett C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Investments
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
E. Linn Draper,Jr.(a) D
T. J. Ellis D
M. J. Pavia D
Armando A. Pena (a) D
Thomas V. Shockley,III(a) D
Susan Tomasky (a) D
J. Weight D
Christopher Wilson (k) D
Jeffrey D. Cross (a) S
CSW Leasing, Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB
Henry W. Fayne D,P
Thomas V. Shockley, III D,VP
Susan Tomasky D,VP
Nikita Zdanow D
1211 Ave. Of the Americas
New York, NY 10036
Kenneth Brown (ll) SVP
Jeffrey Knittle (11) SVP
Jean Stein (ll) SVP
Joseph H. Vipperman VP
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
Armando A. Pena T
CSW Mulberry II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Mulberry, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Nevada, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Northwest GP, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Northwest LP, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Orange II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Orange, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Power Marketing, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
CSW Services International, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Sandra S. Bennett C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Sweeny GP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Sweeny GP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Sweeny LP II, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW Sweeny LP I, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
CSW UK Finance Company
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
E. Linn Draper,Jr.(a) D
T. J. Ellis D,CB
M. J. Pavia D,CFO
Armando A. Pena (a) D,T
Thomas V. Shockley,III(a) D
Susan Tomasky (a) D
J. Weight D
Christopher Wilson (k) D
Jeffrey D. Cross (a) S
CSW UK Holdings
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
E. Linn Draper,Jr.(a) D
T. J. Ellis D,CB
M. J. Pavia D,CFO
Armando A. Pena (a) D,T
Thomas V. Shockley,III(a) D
Susan Tomasky (a) D
J. Weight D
Christopher Wilson (k) D
Jeffrey D. Cross (a) S
CSW UK Investments Limited
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
E. Linn Draper, Jr.(a) D
T. J. Ellis D
M. J. Pavia D
Armando A. Pena (a) D
Thomas V. Shockley,III(a) D
Susan Tomasky (a) D
J. Weight D
Christopher Wilson (k) D
Jeffrey D. Cross (a) S
CSW Vale L.L.C.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Susan Tomasky D
Geoffrey S. Chatas VP
Sandra S. Bennett C
Timothy A. King S
Wendy G. Hargus (ll) T
CSWC Southwest Holdings, Inc.
Name and Principal Address(a) Position
Holly Keller Koeppel D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley,III D
Susan Tomasky P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Joseph M. Buonaiuto C
Timothy A. King S
CSWC TeleChoice Management, Inc.
Name and Principal Address(a) Position
Holly Keller Koeppel D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley,III D
Susan Tomasky P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Joseph M. Buonaiuto C
Timothy A. King S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
CSWC TeleChoice, Inc.
Name and Principal Address(a) Position
Holly Keller Koeppel D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley,III D
Susan Tomasky P
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Joseph M. Buonaiuto C
Timothy A. King S
CSWI Europe Limited
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
Heny D. Jones (ff) D
Timothy A. King (a) S
CSWI Netherlands, Inc.
Name and Principal Address(a) Position
Geoffrey S. Chatas D,VP
Jeffrey D. Cross D,VP
Timothy A. King D,S
Armando A. Pena D,P,T
Mark A. Pyle D
Joseph M. Buonaiuto C
DECCO II, LLC
Name and Principal Address(a) Position
John R. Jones CEO
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Armando A. Pena VP,T
Joseph M. Buonaiuto C
Timothy A. King S
Diversified Energy Contractors Company, LLC
Name and Principal Address(a) Position
John R. Jones CEO
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
James A. Howard VP
John A. Mazzone VP
Armando A. Pena VP,T
Joseph M. Buonaiuto C
Timothy A. King S
Dolet Hills Lignite Company, LLC
Name and Principal Address(rr)Position
Jeffrey D. Cross (a) B,VP
E. Linn Draper, Jr. (a) B,CB,CEO
Armando A. Pena (a) B,VP,T
Thomas V. Shockley,III(a) B
Charles A. Ebetino,Jr.(e) P,COO
Thomas S. Ashford (a) S
Energia de Mexicali, S de R.L.de C.V.
Name and Principal Address(pp)Position
Jeffrey D. Cross (a) B
Armando A. Pena (a) B
James H. Sweeney B
155 West Nationwide Blvd.
Columbus, OH 43215 EnerShop Inc.
Name and Principal Address(a) Position
Steven A. Appelt D,VP
Jeffrey D. Cross D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley,III D,CB,P
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Envirotherm, Inc.
Name and Principal Address(ll) Position
Steven A. Appelt (a) D,VP
Jeffrey D. Cross (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB,P
Geoffrey S. Chatas (a) VP
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
Franklin Real Estate Company
Name and Principal Address(n) Position
E. Linn Draper, Jr. (a) D,CEO,P
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, Ohio 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Houston Pipe Line Company LP
Name and Principal Address(bb)Position
Thomas V. Shockley,III(a) P
Steven A. Appelt (a) VP
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Edward D. Gottlob VP
Dwayne L. Hart (a) VP
Armando A. Pena (a) VP,T
Eric J. van der Walde (a) VP
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
HPL GP, LLC
Name and Principal Address(a) Position
Geoffrey S. Chatas B,VP
Jeffrey D. Cross B,VP
Dwayne L. Hart B,VP
Armando A. Pena B,VP,T
Eric J. van der Walde B
Thomas V. Shockley,III P
Steven A. Appelt VP
Joseph M. Buonaiuto C
Timothy A. King S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
HPL Holdings, Inc.
Name and Principal Address(i) Position
Sean Breiner D
Geoffrey S. Chatas (a) D,VP
Jeffrey D. Cross (a) D,VP
David W. Dupert D
Timothy A. King (a) D,S
Armando A. Pena (a) D,VP,T
Mark A. Pyle (a) D
Thomas V. Shockley,III(a) P
Dwayne L. Hart (a) VP
Joseph M. Buonaiuto (a) C
HPL Resources Company LP
Name and Principal Address(bb)Position
Thomas V. Shockley,III(a) P
Steven A. Appelt (a) VP
Geoffrey S. Chatas (a) VP
Jeffrey D. Cross (a) VP
Edward D. Gottlob VP
Dwayne L. Hart (a) VP
Armando A. Pena (a) VP,T
Eric J. van der Walde (a) VP
Joseph M. Buonaiuto (a) C
Timothy A. King (a) S
Indiana-Kentucky Electric Corporation
Name and Principal Address(w) Position
E. Linn Draper, Jr. (a) D,P
Arthur R. Garfield D
76 South Main Street
Akron, OH 44308
Andrew E. Goebel D
20 NW Fourth Street
Evansville, IN 47741
Ronald G. Jochum D
20 NW Fourth Street
Evansville, IN 47741
Michael P. Morrell D
10435 Downsville Pike
Hagerstown, MD 21740
John R. Sampson D
101 W. Ohio Street, Ste 1320
Indianapolis, IN 46204
David L. Hart (a) VP
David E. Jones VP
Armando A. Pena (a) VP
John D. Brodt S,T
Indiana Franklin Realty, Inc.
Name and Principal Address(d) Position
E. Linn Draper, Jr. (a) D,CEO,P
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Indiana Michigan Power Company
Name and Principal Address(d) Position
Karl G. Boyd D
E. Linn Draper, Jr. (a) D,CB,CEO
John E. Ehler D
3514 Landin Rd.
New Haven, IN 46774
Henry W. Fayne (a) D,P
David L. Lahrman D
Marc E. Lewis D
Susanne M. Moorman D
Robert P. Powers (a) D,VP
John R. Sampson D,VP
101 W. Ohio Street, Ste 1320
Indianapolis, IN 46204
Thomas V. Shockley,III(a) D,VP
D. B. Synowiec D
2791 N. U.S. Highway 231
Rockport, IN 47635
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
A. Christopher Bakken III VP
One Cook Place
Bridgman, MI 49106
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
Armando A. Pena (a) VP,T
Michael W. Rencheck VP
500 Circle Drive
Buchanan, MI 49107
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Industry and Energy Associates,L.L.C.
Name and Principal Address(a)Position
John R. Jones CEO
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Armando A. Pena VP,T
Kenneth B. Rogers VP
9 Donald B. Dean Drive
South Portland, ME 04106
Leonard V. Assante C
Timothy A. King S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
Jefferson Island Storage & Hub L.L.C.
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) B,VP
Dwayne L. Hart (a) B
Armando A. Pena (a) B,VP,T
Thomas V. Shockley,III(a) B,CB
Eric J. van der Walde(a) B,P
Geoffrey S. Chatas(a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
Kentucky Power Company
Name and Principal Address(s) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
T. C. Mosher VP
101 Enterprise Drive
Frankfort, KY 40601
David Mustine (c) VP
John F. Norris, Jr. (a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Kingsport Power Company
Name and Principal Address(b) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
R. D. Carson, Jr. VP
1051 East Cary Street, 7th Fl.
Richmond, VA 23219
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Latin American Energy Holdings, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
LIG Chemical Company
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) D,VP
Dwayne L. Hart (a) D
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB
Eric J. van der Walde(a) D,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
LIG Liquids Company, L.L.C.
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) B,VP
Dwayne L. Hart (a) B
Armando A. Pena (a) B,VP,T
Thomas V. Shockley,III(a) B,CB
Eric J. van der Walde (a) B,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
LIG Pipeline Company
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) D,VP
Dwayne L. Hart (a) D
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB
Eric J. van der Walde(a) D,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
LIG, Inc.
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) D,VP
Dwayne L. Hart (a) D
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB
Eric J. van der Walde(a) D,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
Louisiana Intrastate Gas Company, L.L.C.
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) B,VP
Dwayne L. Hart (a) B
Armando A. Pena (a) B,VP,T
Thomas V. Shockley,III(a) B,CB
Eric J. van der Walde(a) B,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
Marregon Pty Limited
Name and Principal Address(j) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Jeffrey D. Cross (a) D,S
Holly Keller Koeppel (a) D
John Marshall (dd) D
Armando A. Pena (a) D,T
Simon Lucas (dd) S
Marregon (No. 2) Pty Limited
Name and Principal Address(j) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Frederick J. Boyle (a) D
Jeffrey D. Cross (a) D,S
Holly Keller Koeppel (a) D
John Marshall (dd) D
Armando A. Pena (a) D,T
Simon Lucas (dd) S
Mulberry Holdings, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
Mutual Energy L.L.C.
Name and Principal Address(a) Position
Thomas V. Shockley,III CB,P
Steven A. Appelt VP
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Timothy A. King S
Armando A. Pena T
Mutual Energy Service Company, LLC
Name and Principal Address(a) Position
Thomas V. Shockley,III CB,P
Steven A. Appelt VP
Geoffrey S. Chatas VP
Jeffrey D. Cross VP
Timothy A. King S
Armando A. Pena T
Nanyang General Light Electric Co., Ltd.
Name and Principal Address(f) Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Donald M. Clements,Jr.(a) D,CB
Jeffrey D. Cross (a) D,S
Bernard Hu D
2648 Durfee Ave., #B
El Monte, CA 91732
Dennis A. Lantzy (a) D
Armando A. Pena (a) D
Lu Ming Tao D
Xu Xinglong D,VCB
Hao Zhengshan D
Newgulf Power Venture, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
NGLE Pushan Power, LDC
Name and Principal Address(g) Position
Jeffrey D. Cross (a) D
Armando A. Pena (a) D,VP,T
Walkers SPV Limited S
Noah I Power GP, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
Ohio Power Company
Name and Principal Address(m) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
Floyd W. Nickerson VP
88 East Broad Street, Ste 800
Columbus, OH 43215
John F. Norris, Jr.(a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
Ohio Valley Electric Corporation
Name and Principal Address(w) Position
David C. Benson D
4350 Northern Pike
Monroeville, PA 15146
H. Peter Burg D
76 South Main Street
Akron, OH 44308
E. Linn Draper, Jr. (a) D,P
Henry W. Fayne (a) D
Arthur R. Garfield D
76 South Main Street
Akron, OH 44308
Andrew E. Goebel D
20 NW Fourth Street
Evansville, IN 47741
Michael P. Morrell D
10435 Downsville Pike
Hagerstown, MD 21740
Alan J. Noia D
10435 Downsville Pike
Hagerstown, MD 21740
Guy L. Pipitone D
76 South Main Street
Akron, OH 44308
John C. Procario D
139 East Fourth Street
Cincinnati, OH 45202
H. Ted Santo D
1065 Woodman Drive
Dayton, OH 45432
Thomas V. Shockley,III(a) D
A. Roger Smith D
220 West Main Street
Louisville, KY 40202
Paul W. Thompson D
220 West Main Street
Louisville, KY 40202
David L. Hart (a) VP
David E. Jones VP
Armando A. Pena (a) VP
John D. Brodt S,T
Operaciones Azteca VIII, S. de R.L. de C.V.
Name and Principal Address(pp)Position
Frederick J. Boyle (a) D
Philip Cantner D
Two Alhambra Plaza, Suite 1100
Coral Gables, FL 33134
James H. Sweeney D
155 West Nationwide Blvd.
Columbus, OH 43215
J. Christopher Terajewicz D
One Bowdoin Square
Boston, MA 02114
Robert H. Warburton D
One Bowdoin Square
Boston, MA 02114
Jorge Young D
Two Alhambra Plaza, Ste 1100
Coral Gables, FL 33134
Carlos de Maria y Campos Segura S
Torre Optima Av. Paseo de las
Palmas #405, 3rd Fl.,Lomas de
Chapultepec 11000 Mexico, D.F.
Orange Cogen Funding Corp.
Name and Principal Address(a)Position
Joseph H. Emberger D
Dwayne L. Hart D
Larry Kellerman D,P
1001 Louisiana Street
Houston, TX 77002
John O'Rourke D
1001 Louisiana Street
Houston, TX 77002
Timothy A. King S
Orange Cogeneration GP II, Inc.
Name and Principal Address(a)Position
Joseph H. Emberger D
Dwayne L. Hart D,CEO
Larry Kellerman D,P
1001 Louisiana Street
Houston, TX 77002
John O'Rourke D
1001 Louisiana Street
Houston, TX 77002
A. Wade Smith GM
David L. Siddall S
1001 Louisiana Street
Houston, TX 77002
Orange Cogeneration GP, Inc.
Name and Principal Address(a)Position
Joseph H. Emberger D
Dwayne L. Hart D,CEO
Larry Kellerman D,P
1001 Louisiana Street
Houston, TX 77002
John O'Rourke D
1001 Louisiana Street
Houston, TX 77002
A. Wade Smith GM
David L. Siddall S
1001 Louisiana Street
Houston, TX 77002
Orange Holdings, Inc.
Name and Principal Address(a) Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Joseph M. Buonaiuto C
Timothy A. King S
Wendy G. Hargus (ll) T
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
Pacific Hydro Limited
Name and Principal Address(aa)Position
Donald E. Boyd D
Level 31, Aurora Plc.,88 Phillip St.
Sydney/NSW 2000 Australia
Kingsley G. Culley D,CB
Peter L. Downie D
Michael C. Fitzpatrick D
Jeffrey Harding D
John L. C. McInnes D
Philip van der Riet D
Peter F. Westaway D
Matthew G. C. Williams D
Anthony G. Evans S
Polk Power GP II, Inc.
Name and Principal Address(a)Position
Joseph H. Emberger D
Dwayne L. Hart D,P
Larry Kellerman D,CEO
1001 Louisiana Street
Houston, TX 77002
John O'Rourke D
1001 Louisiana Street
Houston, TX 77002
A. Wade Smith GM
Timothy A. King S
Polk Power GP, Inc.
Name and Principal Address(a)Position
Joseph H. Emberger D
Dwayne L. Hart D,P
Larry Kellerman D,CEO
1001 Louisiana Street
Houston, TX 77002
John O'Rourke D
1001 Louisiana Street
Houston, TX 77002
A. Wade Smith GM
Timothy A. King S
POLR Power, L.P.
Name and Principal Address(h) Position
Thomas V. Shockley,III(a) P
Steven A. Appelt (a) VP
Jeffrey D. Cross (a) VP
Timothy A. King (a) S
Armando A. Pena (a) T
Price River Coal Company, Inc.
Name and Principal Address(d) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Public Service Company of Oklahoma
Name and Principal Address(jj)Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
T. D. Churchwell VP
1601 N.W. Expressway,Ste 1400
Oklahoma City, OK 73118
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, Ohio 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
REP General Partner L.L.C.
Name and Principal Address(h) Position
Steven A. Appelt (a) B,VP
Jeffrey D. Cross (a) B,VP
Armando A. Pena (a) B,VP,T
Thomas V. Shockley,III(a) B,P
Timothy A. King (a) S
REP Holdco Inc.
Name and Principal Address(qq)Position
Steven A. Appelt (a) D,VP
Jeffrey D. Cross (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB,P
Timothy A. King (a) S
SEEBOARD Group plc
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
E. Linn Draper,Jr.(a) D
T. J. Ellis D
M. J. Pavia D
Armando A. Pena (a) D
Thomas V. Shockley,III(a) D
J. Weight D
Christopher Wilson (k) D
SEEBOARD plc
Name and Principal Address(mm)Position
H. Cadoux-Hudson D
T. J. Ellis D
M. J. Pavia D
J. Weight D
M. A. Nagle S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
Servicios Azteca VIII,S.de R.L. de C.V.
Name and Principal Address(pp)Position
Frederick J. Boyle (a) D
Philip Cantner D
Two Alhambra Plaza, Ste 1100
Coral Gables, FL 33134
John H. Foster D,CB
Two Alhambra Plaza, Ste 1100
Coral Gables, FL 33134
Carlos Riva D
One Bowdoin Square
Boston, MA 02114
James H. Sweeney D
155 West Nationwide Blvd.
Columbus, OH 43215
Enrique Tabora D
Two Alhambra Plaza, Ste 1100
Coral Gables, FL 33134
Carlos de Maria y Campos Segura S
Torre Optima Av. Paseo de las
Palmas #405 3rd Fl., Lomas de
Chapultepec 11000 Mexico
Shoreham Operations Company Limited
Name and Principal Address(mm)Position
Joseph H. Emberger (a) D
E. S. Golland D
Jeffrey D. Lafleur (ff) D
C. D. MacKendrick S
Simco Inc.
Name and Principal Address(a) Position
E. Linn Draper, Jr. D,CB,CEO
Henry W. Fayne D,VP
Armando A. Pena D,VP,T
Thomas V. Shockley, III D,VP
Susan Tomasky D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto C,CAO
Leonard V. Assante DC
Thomas S. Ashford S
Snowcap Coal Company, Inc.
Name and Principal Address(a) Position
David M. Cohen D,VP
Charles A. Ebetino,Jr.(e) D,P
Scott H. Finch D,T
Michael. R. Rankin D,S
John W. Seidensticker D,VP
South Coast Power Limited
Name and Principal Address(mm)Position
E. S. Golland D
Henry D. Jones (ff) D
B. J. McNaught D
Southern Appalachian Coal Company
Name and Principal Address(b) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Charles A. Ebetino,Jr.(e) P,COO
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Southwestern Electric Power Company
Name and Principal Address(rr)Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
Michael H. Madison VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
Julio C. Reyes (h) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, Ohio 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Southwestern Electric Wholesale Company
Name and Principal Address(a)Position
Jeffrey D. Cross D,VP
Dwayne L. Hart D,P
Armando A. Pena D,VP
Geoffrey S. Chatas VP
Leonard V. Assante C
Timothy A. King S
Tuscaloosa Pipeline Company
Name and Principal Address(bb)Position
Jeffrey D. Cross (a) D,VP
Dwayne L. Hart (a) D
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,CB
Eric J. van der Walde(a) D,P
Geoffrey S. Chatas (a) VP
Leonard V. Assante (a) C
Timothy A. King (a) S
Ventures Lease Co., LLC
Name and Principal Address(a)Position
Jeffrey D. Cross B,VP
Armando A. Pena B,P,T
Geoffrey S. Chatas VP
Timothy A. King S
ITEM 6. OFFICERS AND DIRECTORS
PART I (Continued)
West Texas Utilities Company
Name and Principal Address(ss)Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr. (a) VP
Julio C. Reyes (h) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, Ohio 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
West Virginia Power Company
Name and Principal Address(t) Position
E. Linn Draper, Jr. (a) D,CEO
Henry W. Fayne (a) D,VP
Armando A. Pena (a) D,VP,T
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
John F. Norris, Jr. (a) VP
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
Wheeling Power Company
Name and Principal Address(u) Position
E. Linn Draper, Jr. (a) D,CB,CEO
Henry W. Fayne (a) D,P
Armando A. Pena (a) D,VP,T
Robert P. Powers (a) D,VP
Thomas V. Shockley,III(a) D,VP
Susan Tomasky (a) D,VP
Joseph H. Vipperman (a) D,VP
Mark E. Dempsey (t) VP
Glenn M. Files (c) VP
Michelle S. Kalnas (c) VP
David Mustine (c) VP
John F. Norris, Jr.(a) VP
M. P. Ryan (c) VP
Richard P. Verret VP
825 Tech Center Drive
Gahanna, OH 43230
Joseph M. Buonaiuto (a) C,CAO
Leonard V. Assante (a) DC
Thomas S. Ashford (a) S
ITEM 6. (CONTINUED)
Part II. Each officer and director with a financial connection within the
provisions of Section 17(c) of the Act are as follows:
Position
Name and Location Held in Applicable
Name of Officer of Financial Financial Exemption
or Director Institution Institution Rule
(1) (2) (3) (4)
--------------- ----------------------- ----------- ------------
David W. Dupert Provident Bank of Maryland Investment Co. Director 70(d)
Baltimore, MD
State Bank of Long Island Director 70(d)
Financial Services Corp.
Long Island, N.Y.
State Bank of Long Island Director 70(d)
Portfolio Management Corp.
Long Island, N.Y.
Central Pennsylvania Investment Company Director 70(d)
Parent Co: Omega Financial Corp.
State College, PA
Minatola National Bank Director 70(d)
Vineland, NJ
Lincoln Investment Company Director 70(d)
Vineland, NJ
William R. Howell Bankers Trust Director 70(b)
New York, N.Y.
L.A. Hudson, Jr. American National Bankshares, Inc. Director 70(a)
Danville, Virginia
American National Bank & Trust Co. Director 70(a)
Danville, Virginia
W.J. Lhota Huntington Bancshares, Inc. Director 70(c)
Columbus, Ohio
James L. Powell First National Bank of Mertzon Advisory
Mertzon, Texas Director 70(a)
M.P. Ryan Firstar Advisory
Columbus, Ohio Director 70(f)
Richard L. Sandor Bear, Stearns Financial Products, Inc. Director 70(b)
Chicago, Illinois
Bear, Stearns Trading Risk
Management Inc. Director 70(b)
Chicago, Illinois
Lu Ming Tao City Commerical Bank of Nanyang Vice Chairman 70(c)
Nanyang City Province, China
A. E. Goebel Old National Bank Director 70(c)
Evansville, IN
ITEM 6. (continued)
Part III. The disclosures made in the System companies' most recent proxy
statement and annual report on Form 10-K with respect to items (a)
through (f) follow:
(a) COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS
Executive Compensation
THE FOLLOWING TABLE shows for 2001, 2000 and 1999 the compensation earned by the
chief executive officer, the four other most highly compensated executive
officers (as defined by regulations of the Securities and Exchange Commission)
of AEP at December 31, 2001 and Mr. Lhota who resigned as an executive officer
on December 12, 2001.
Summary Compensation Table
Annual Long-Term
Compensation Compensation
------------- -----------------
Awards Payouts
--------- -------
Securities All Other
Salary Bonus Underlying LTIP Compensation
Name Year ($) ($)(1) Options(#) Payouts($)(1) ($)(2)
---- ---- --- ------ ---------- ------------ --------
E. Linn Draper, Jr. 2001 910,000 682,090 -0- 311,253 122,395
2000 850,000 485,775 700,000 -0- 106,699
1999 820,000 208,280 -0- -0- 103,218
Thomas V. Shockley, III (3) 2001 590,000 353,788 -0- 79,781 100,678
2000 304,417 140,500 250,000 824,399 9,170,069
Henry W. Fayne 2001 420,000 305,861 -0- 83,697 75,576
2000 365,000 152,972 200,000 -0- 47,074
1999 315,000 56,007 -0- -0- 34,885
Susan Tomasky (4) 2001 410,000 300,365 -0- 54,455 73,483
2000 355,000 148,780 200,000 -0- 47,946
William J. Lhota (5) 2001 435,000 239,250 -0- 106,271 2,165,742
2000 415,000 173,927 200,000 -0- 62,394
1999 400,000 71,120 -0- -0- 55,690
Joseph H. Vipperman 2001 370,000 203,378 -0- 87,692 82,209
2000 350,000 146,685 200,000 -0- 70,112
1999 330,000 58,674 -0- -0- 63,006
Notes to Summary Compensation Table
(1) Amounts in the Bonus column reflect awards under the Senior Officer Annual
Incentive Compensation Plan (SOIP), except for Mr. Shockley as disclosed in
footnote 3, and, in the case of Mr. Fayne and Ms. Tomasky, lump sum payments
of $75,000 each in 2001 in lieu of immediate salary increases in connection
with their promotions during the year. Payments pursuant to the SOIP are
made in the first quarter of the succeeding fiscal year for performance in
the year indicated.
Amounts in the Long-Term Compensation -- Payouts column reflect performance
share unit targets earned under the AEP 2000 Long-Term Incentive Plan for
three-year performance periods, except for Mr. Shockley as disclosed in
footnote 3. See below under Long-Term Incentive Plans -- Awards in 2001 for
additional information.
(2) Amounts in the All Other Compensation column, except for the additional
compensation to Messrs. Shockley and Lhota as disclosed in footnotes (3) and
(5), respectively, include (i) AEP's matching contributions under the AEP
Retirement Savings Plan and the AEP Supplemental Savings Plan, a
non-qualified plan designed to supplement the AEP Savings Plan, (ii)
subsidiary companies director fees, (iii) vehicle allowance, and (iv)
split-dollar insurance. Split-dollar insurance represents the present value
of the interest projected to accrue for the employee's benefit on the
current year's insurance premium paid by AEP. Cumulative net life insurance
premiums paid are recovered by AEP at the later of retirement or 15 years.
Detail of the 2001 amounts in the All Other Compensation column is shown
below.
Item Dr. Draper Mr. Shockley Mr. Fayne Ms. Tomasky Mr. Lhota Mr. Vipperman
----- ---------- ------------ --------- ----------- --------- -------------
Savings Plan Matching
Contributions...................... $ 5,119 $ 7,650 $ 5,775 $ 5,825 $ 7,650 $ 6,950
Supplemental Savings Plan
Matching
Contributions...................... 35,831 18,876 20,009 19,320 19,752 16,301
Subsidiaries Directors
Fees............................... 16,550 14,650 16,300 16,300 13,450 10,450
Vehicle Allowance..................... 14,400 12,000 12,000 12,000 12,000 12,000
Split-Dollar Insurance................ 50,495 47,502 21,492 20,038 24,055 36,508
(3) Mr. Shockley joined AEP from Central and South West Corporation and became
an executive officer when the merger with CSW was consummated on June 15,
2000. The Salary column for Mr. Shockley shows the amount earned for his AEP
service after the date of the merger. The amounts in the Bonus and LTIP
Payouts columns for 2000 represent his prorated payment under the CSW Annual
Incentive Plan and the value of Common Stock awarded under the CSW 1992
Long-Term Incentive Plan, respectively. He also received a payment of
$9,154,924 under his change in control agreement with CSW that is included
in the All Other Compensation column.
(4) No 1999 compensation information is reported for Ms. Tomasky because she was
not an executive officer in this year.
(5) Mr. Lhota resigned from his executive positions with AEP on December 12,
2001, and left active employment on December 31, 2001. He is receiving
severance of $2,022,750, equal to three times base salary and annual
incentive at target, with $1,152,750 paid upon his termination of active
employment and the remainder as a continuation of his annual salary of
$435,000 through December 2003. As a result, Mr. Lhota retains his
eligibility for the upcoming two-year period under AEP's savings and
retirement plans. Mr. Lhota also received a lump sum payment of accrued
vacation pay of $66,085.
Compensation of Directors
Annual Retainers and Meeting Fees. Directors who are officers of AEP or
employees of any of its subsidiaries do not receive any compensation, other than
their regular salaries and the accident insurance coverage described below, for
attending meetings of AEP's Board of Directors. The other members of the Board
receive an annual retainer of $35,000 for their services, an additional annual
retainer of $5,000 for each Committee that they chair, a fee of $1,200 for each
meeting of the Board and of any Committee that they attend (except a meeting of
the Executive Committee held on the same day as a Board meeting), and a fee of
$1,200 per day for any inspection trip or conference.
Deferred Compensation and Stock Plan. The Deferred Compensation and Stock
Plan for Non-Employee Directors permits non-employee directors to choose to
receive up to 100 percent of their annual Board retainer in shares of AEP Common
Stock and/or units that are equivalent in value to shares of Common Stock
("Stock Units"), deferring receipt by the non-employee director until
termination of service or for a period that results in payment commencing not
later than five years thereafter. AEP Common Stock is distributed and/or Stock
Units are credited to directors, as the case may be, when the retainer is
payable, and are based on the closing price of the Common Stock on the payment
date. Amounts equivalent to cash dividends on the Stock Units accrue as
additional Stock Units. Payment of Stock Units to a director from deferrals of
the retainer and dividend credits is made in cash or AEP Common Stock, or a
combination of both, as elected by the director.
Stock Unit Accumulation Plan. The Stock Unit Accumulation Plan for
Non-Employee Directors annually awards 1,200 Stock Units to each non-employee
director as of the first day of the month in which the non-employee director
becomes a member of the Board. Amounts equivalent to cash dividends on the Stock
Units accrue as additional Stock Units. Stock Units are paid to the director in
cash upon termination of service unless the director has elected to defer
payment for a period that results in payment commencing not later than five
years thereafter.
Insurance. AEP maintains a group 24-hour accident insurance policy to provide
a $1,000,000 accidental death benefit for each director. The current policy,
effective September 1, 2001 through September 1, 2004, has a premium of $31,050.
In addition, AEP pays each director (excluding officers of AEP or employees of
any of its subsidiaries) an amount to provide for the federal and state income
taxes incurred in connection with the maintenance of this coverage ($630 for
2001).
Central and South West Corporation Programs. Mr. Powell, as a former CSW
director, is enrolled in a medical and dental program formerly offered by CSW to
its non-employee directors. AEP is continuing this program, pursuant to the
terms of the merger with CSW, for those CSW directors who had previously elected
to participate. Mr. Powell pays a portion of the cost of his coverage. Upon Mr.
Powell's termination of service with the Board, he will be eligible to receive
retiree medical and dental benefits coverage.
(b) OWNERSHIP OF SECURITIES
THE FOLLOWING TABLE sets forth the beneficial ownership of AEP Common Stock and
stock-based units as of January 1, 2002 for all directors as of the date of this
proxy statement, all nominees to the Board of Directors, each of the persons
named in the Summary Compensation Table and all directors and executive officers
as a group. Unless otherwise noted, each person had sole voting and investment
power over the number of shares of Common Stock and stock-based units of AEP set
forth across from his or her name. Fractions of shares and units have been
rounded to the nearest whole number.
Options
Exercisable
Note Stock Within
Name Shares Reference Units(a) 60 Days Total
---- ------- --------- -------- ------- -----
E. R. Brooks 64,150 (b) 1,607 65,105 130,862
D. M. Carlton 6,431 1,607 -- 8,038
J. P. DesBarres 5,000 (c) 2,733 -- 7,733
E. L. Draper, Jr. 4,941 (b)(c) 119,218 233,333 357,492
H. W. Fayne 6,019 (b)(d) 13,735 66,666 86,420
R. W. Fri 2,000 3,458 -- 5,458
W. R. Howell 1,692 2,174 -- 3,866
L. A. Hudson, Jr. 1,853 (e) 5,571 -- 7,424
L. J. Kujawa 1,328 (e) 5,892 -- 7,220
W. J. Lhota 20,141 (b)(c) 17,117 66,666 103,924
J. L. Powell 4,020 1,891 -- 5,911
R. L. Sandor 1,092 1,891 -- 2,983
T. V. Shockley, III 44,372 (b)(d)(e) -- 94,450 138,822
D. G. Smith 2,500 3,896 -- 6,396
L. G. Stuntz 1,500 (c) 5,938 -- 7,438
K. D. Sullivan -- 4,991 -- 4,991
S. Tomasky 656 (b) 4,329 66,666 71,651
J. H. Vipperman 11,377 (b)(c) 7,201 66,666 85,244
All directors, nominees and executive
officers as a group
(19 persons) 264,739 (d)(f) 204,458 680,385 1,149,582
----------
Notes on Stock Ownership
(a) This column includes amounts deferred in stock units and held under AEP's
various director and officer benefit plans.
(b) Includes the following numbers of share equivalents held in the AEP
Retirement Savings Plan and, for Messrs. Brooks and Shockley, the CSW
Retirement Savings Plan: Mr. Brooks, 44,145; Dr. Draper, 4,280;
Mr. Fayne, 5,412; Mr. Lhota, 17,961; Mr. Shockley, 6,579; Ms. Tomasky, 656;
Mr. Vipperman, 10,498; and all directors and executive officers, 89,967.
(c) Includes the following numbers of shares held in joint tenancy with a family
member: Mr. DesBarres, 5,000; Dr. Draper, 661; Mr. Lhota, 2,180;
Ms. Stuntz, 300; and Mr. Vipperman, 80.
(d) Does not include, for Messrs. Fayne and Shockley, 85,231 shares in the
American Electric Power System Educational Trust Fund over which Messrs.
Fayne and Shockley share voting and investment power as trustees (they
disclaim beneficial ownership). The amount of shares shown for all directors
and executive officers as a group includes these shares.
(e) Includes the following numbers of shares held by family members over which
beneficial ownership is disclaimed: Dr. Hudson, 750; Mr. Kujawa, 28;
and Mr. Shockley, 496.
(f) Represents less than 1% of the total number of shares outstanding.
----------
(c) CONTRACTS AND TRANSACTIONS WITH SYSTEM COMPANIES
None
(d) INDEBTEDNESS TO SYSTEM COMPANIES
None
(e) PARTICIPATION IN BONUS AND PROFIT SHARING ARRANGEMENTS AND OTHER BENEFITS
Long-Term Incentive Plans - Awards In 2001
Each of the awards set forth below establishes performance share unit targets,
which represent units equivalent to shares of Common Stock, pursuant to the
Company's 2000 Long-Term Incentive Plan. Since it is not possible to predict
future dividends and the price of AEP Common Stock, credits of performance share
units in amounts equal to the dividends that would have been paid if the
performance share unit targets were established in the form of shares of Common
Stock are not included in the table.
The ability to earn performance share unit targets is tied to achieving
specified levels of total shareholder return ("TSR") relative to the S&P
Electric Utility Index. The Human Resources Committee may, at its discretion,
reduce the number of performance share unit targets otherwise earned. In
accordance with the performance goals established for the periods set forth
below, the threshold, target and maximum awards are equal to 20%, 100% and 200%,
respectively, of the performance share unit targets. No payment will be made for
performance below the threshold.
Payments of earned awards are deferred in the form of phantom stock units
(equivalent to shares of AEP Common Stock) until the officer has met the
equivalent stock ownership target discussed in the Human Resources Committee
Report. Once officers meet and maintain their respective targets, they may elect
either to continue to defer or to receive further earned awards in cash and/or
Common Stock.
Estimated Future Payouts of
Performance Performance Share Units Under
Number of Period Until Non-Stock Price-Based Plan
Performance Maturation ------------------------------
Share Units or Payout Threshold Target Maximum
----------- --------- --------- ------ -------
Name (#) (#) (#)
--- --- ---
E. L. Draper, Jr..................... 14,919 2001-2003 2,984 14,919 29,838
T.V. Shockley, III................... 7,738 2001-2003 1,548 7,738 15,476
H. W. Fayne.......................... 5,049 2001-2003 1,010 5,049 10,098
S. Tomasky........................... 4,929 2001-2003 986 4,929 9,858
W. J. Lhota.......................... 5,230 2001-2003 1,046 5,230 10,460
J.H.Vipperman........................ 4,448 2001-2003 890 4,448 8,896
-----------
Retirement Benefits
The American Electric Power System Retirement Plan provides pensions for all
employees of AEP System companies (except for employees covered by certain
collective bargaining agreements or by the Central and South West Corporation
Cash Balance Retirement Plan or certain other employees), including the
executive officers of AEP. The Retirement Plan is a noncontributory defined
benefit plan.
The Retirement Plan was amended effective January 1, 2001. The amendment
provided that the final average pay benefit accrual formula will terminate on
December 31, 2010 and, effective January 1, 2001, a cash balance accrual formula
was added to the Retirement Plan. Employees participating in the Retirement Plan
on December 31, 2000 accrue retirement benefits under both formulas and
employees hired after December 31, 2000 accrue retirement benefits solely under
the cash balance formula. Employees accruing benefits under both formulas may
choose either the final average pay formula or the cash balance formula for
their accrued benefit at the time employment is terminated.
The accrued benefit earned by an employee under the final average pay formula as
of December 31, 2010, the date the final average pay formula will be
discontinued, is the minimum benefit an employee can receive from the Retirement
Plan after that time.
The following table shows the approximate annual annuities that would be payable
to employees in certain higher salary classifications under the final average
pay formula, assuming retirement at December 31, 2001 after various periods of
service and with benefits commencing at age 65.
Pension Plan Table
Highest Average
Annual Earnings Years of Accredited Service
---------------- ---------------------------
15 20 25 30 35 40
-- -- -- -- -- --
$400,000 $93,210 $124,280 $155,350 $186,420 $217,490 $244,090
500,000 117,210 156,280 195,350 234,420 273,490 306,740
600,000 141,210 188,280 235,350 282,420 329,490 369,390
700,000 165,210 220,280 275,350 330,420 385,490 432,040
1,000,000 237,210 316,280 395,350 474,420 553,490 619,990
1,200,000 285,210 380,280 475,350 570,420 665,490 745,290
2,000,000 447,210 636,280 795,350 954,420 1,113,490 1,246,490
The amounts shown in the table are the straight life annuities payable under the
Retirement Plan final average pay formula without reduction for the joint and
survivor annuity. Retirement benefits listed in the table are not subject to any
deduction for Social Security or other offset amounts. The retirement annuity is
reduced 3% per year in the case of a termination of employment and commencement
of benefits between ages 55 and 62. If an employee terminates employment and
commences benefits at or after age 62, there is no reduction in the retirement
annuity.
Compensation upon which retirement benefits under the final average pay formula
are based, for the executive officers named in the Summary Compensation Table
above consists of the average of the 36 consecutive months of the officer's
highest aggregate salary and Senior Officer Annual Incentive Compensation Plan
awards, shown in the Salary and Bonus columns, respectively, of the Summary
Compensation Table, out of the officer's most recent 10 years of service.
Under the cash balance formula each employee has an account to which dollar
amount credits are allocated annually based on a percentage of the employee's
compensation. Compensation for the cash balance formula includes annual salary
and annual incentive compensation plan awards up to a maximum total compensation
of $1,000,000. The applicable percentage is determined by age and years of
service with AEP as of December 31 of each year (or as of the employee's
termination date, if earlier). The following table shows the percentage used to
determine dollar amount credits at the age and years of service indicated:
Sum of Age
Plus
Years of Applicable
Service Percentage
--------- ----------
<30 3.0%
30-39 3.5%
40-49 4.5%
50-59 5.5%
60-69 7.0%
70 or more 8.5%
To transition from the final average pay formula to the cash balance formula,
the employee's account under the cash balance formula was credited with an
opening balance using a number of factors.
The estimated annual annuities at age 65 under the cash balance formula payable
to the executive officers named in the Summary Compensation Table (except for
Mr. Shockley who participates in the Central and South West Corporation
retirement plan discussed below) are:
Annual
Name Benefit
---- -------
E. L. Draper, Jr. .............. $685,000
H. W. Fayne..................... 254,000
S. Tomasky...................... 280,000
W. J. Lhota..................... 343,000
J.H. Vipperman.................. 305,000
These amounts are based on the following assumptions:
o Salary amounts shown in the Salary column for calendar year 2001 are used
with no subsequent adjustments in future years plus annual incentive awards
at the 2001 target level.
o Conversion of the lump-sum cash balance to a single life annuity at age
65, based on an interest rate of 5.12% and the 1983 Group Annuity Mortality
Table.
AEP maintains a supplemental retirement plan which provides for the payment of:
o Retirement benefits that are not payable due to limitations imposed by
Federal tax law on benefits paid by qualified plans.
o Supplemental retirement benefits provided by individual agreements with
certain AEP employees.
The supplemental retirement plan provides for supplemental benefits under both
the final average pay and cash balance formulas. Retirement Plan benefits shown
above include all supplemental retirement benefits.
Dr. Draper and Ms. Tomasky have individual agreements with AEP which provide
them with supplemental retirement benefits that credit them with years of
service in addition to their years of service with AEP as follows: Dr. Draper,
24 years; and Ms. Tomasky, 20 years. The agreements each provide that these
supplemental retirement benefits are reduced by pension entitlements from plans
sponsored by prior employers.
As of December 31, 2001, for the executive officers named in the Summary
Compensation Table (except for Mr. Shockley as discussed in the following two
paragraphs), the number of years of service applicable for retirement benefit
calculation purposes under either the final average pay formula or the cash
balance formula were as follows: Dr. Draper, 33 years; Mr. Fayne, 26 years; Ms.
Tomasky, 23 years; Mr. Lhota, 36 years; and Mr. Vipperman, 39 years. The years
of service for Dr. Draper and Ms. Tomasky include years of service provided by
their respective agreements with AEP described in the preceding paragraph.
Under the terms of the merger agreement between AEP and Central and South West
Corporation, the CSW Cash Balance Retirement Plan continues as a separate plan
through at least July 1, 2002, for those AEP System employees who were
participants in the CSW Cash Balance Plan as of December 31, 2000. Employees of
CSW who had attained age 50 and completed 10 years of service with a CSW company
as of July 1, 1997, accrue retirement benefits under the CSW Cash Balance Plan
under both the final average pay and cash balance formulas. Employees accruing
benefits under both formulas may choose the benefit accrued under either formula
at the time employment is terminated.
As an employee of CSW before the merger, Mr. Shockley participates in the CSW
Cash Balance Plan. Under the CSW Plan, at age 65 the estimated annual annuities
payable to Mr. Shockley under the final average pay and cash balance formulas
are $201,000 and $216,000, respectively. Mr. Shockley's estimated annual annuity
under (i) the final average pay formula is computed as of January 1, 2002 and
(ii) the cash balance formula is based on the same assumptions described above
for the AEP cash balance formula. Mr. Shockley has an agreement with CSW entered
into prior to the merger under which he is entitled to supplemental retirement
benefits that credit him with (i) 30 years of service if he remains employed
with AEP until age 60 or thereafter and (ii) up to four years of additional
service if he retires prior to age 60.
Four AEP System employees (including Messrs. Fayne, Lhota and Vipperman) whose
pensions may be adversely affected by amendments to the Retirement Plan made as
a result of the Tax Reform Act of 1986 are eligible for certain supplemental
retirement benefits. Such payments, if any, will be equal to any reduction
occurring because of such amendments. Assuming retirement in 2002 of the
executive officers named in the Summary Compensation Table, only Mr. Vipperman
would be affected and his annual supplemental benefit would be $4,000.
AEP made available a voluntary deferred-compensation program in 1982 and 1986,
which permitted certain members of AEP System management to defer receipt of a
portion of their salaries. Under this program, a participant was able to defer
up to 10% annually over a four-year period of his or her salary, and receive
supplemental retirement or survivor benefit payments over a 15-year period. The
amount of supplemental retirement payments received is dependent upon the amount
deferred, age at the time the deferral election was made, and number of years
until the participant retires. The following table sets forth, for the executive
officers named in the Summary Compensation Table, the amounts of annual
deferrals and, assuming retirement at age 65, annual supplemental retirement
payments under the 1982 and 1986 programs.
1982 Program
Annual Amount
Annual of Supplemental
Amount Retirement
Deferred Payment
Name (4-Year Period) (15-Year Period)
---- --------------- ----------------
J. H. Vipperman...... $ 11,000 $90,750
1986 Program
Annual Amount
Annual of Supplemental
Amount Retirement
Deferred Payment
Name (4-Year Period) (15-Year Period)
---- --------------- ----------------
H. W. Fayne.......... $ 9,000 $ 95,400
J. H. Vipperman...... 10,000 67,500
----------------
Severance Plan
In connection with the merger with Central and South West Corporation, AEP's
Board of Directors adopted a severance plan on February 24, 1999, effective
March 1, 1999, that includes Messrs. Fayne and Vipperman and Ms. Tomasky. The
severance plan provides for payments and other benefits if, at any time before
June 15, 2002 (the second anniversary of the merger consummation date), the
officer's employment is terminated (i) by AEP without "cause" or (ii) by the
officer because of a detrimental change in responsibilities or a reduction in
salary or benefits. Under the severance plan, the officer will receive:
o A lump sum payment equal to three times the officer's annual base salary
plus target annual incentive under the Senior Officer Annual Incentive
Compensation Plan.
o Maintenance for a period of three additional years of all medical and
dental insurance benefits substantially similar to those benefits to which
the officer was entitled immediately prior to termination, reduced to the
extent comparable benefits are otherwise received.
o Outplacement services not to exceed a cost of $30,000 or use of an office
and secretarial services for up to one year.
AEP's obligation for the payments and benefits under the severance plan is
subject to the waiver by the officer of any other severance benefits that may be
provided by AEP. In addition, the officer agrees to refrain from the disclosure
of confidential information relating to AEP.
Change-In-Control Agreements
AEP has change-in-control agreements with Dr. Draper, Messrs. Shockley, Fayne
and Vipperman and Ms. Tomasky. If there is a "change-in-control" of AEP and the
employee's employment is terminated by AEP or by the employee for reasons
substantially similar to those in the severance plan, these agreements provide
for substantially the same payments and benefits as the severance plan with the
following additions:
o Three years of service credited for purposes of determining non-qualified
retirement benefits, with such credited service proportionately reduced to
zero if termination occurs between ages 62 and 65.
o Payment, if required, to make the employee whole for any excise tax
imposed by Section 4999 of the Internal Revenue Code.
"Change-in-control" means:
o The acquisition by any person of the beneficial ownership of securities
representing 25% or more of AEP's voting stock.
o A change in the composition of a majority of the Board of Directors under
certain circumstances within any two-year period.
o Approval by the shareholders of the liquidation of AEP, disposition of all
or substantially all of the assets of AEP or, under certain circumstances,
a merger of AEP with another corporation.
(f) RIGHTS TO INDEMNITY
THE DIRECTORS and officers of AEP and its subsidiaries are insured, subject to
certain exclusions, against losses resulting from any claim or claims made
against them while acting in their capacities as directors and officers. The
American Electric Power System companies are also insured, subject to certain
exclusions and deductibles, to the extent that they have indemnified their
directors and officers for any such losses. Such insurance, effective January 1,
2002 through December 31, 2002, is provided by: Associated Electric & Gas
Insurance Services, Energy Insurance Mutual, Clarendon National Insurance
Company, Great American Insurance Company, Zurich American Insurance Company,
Zurich Specialties London (UK) Ltd., National Union Fire Insurance Company of
Pittsburgh, PA, Liberty Mutual Insurance Company, Federal Insurance Company,
Starr Excess International, Royal Insurance Company of America, Gulf Insurance
Company, Starr Excess Casualty Insurance Limited, Oil Casualty Insurance
Limited, XL Insurance, Ltd., XL Specialty Insurance Company, SR International
Business Insurance Company Ltd., and Lumbermens Mutual Casualty Company. The
total cost of this insurance is $2,690,766.
Fiduciary liability insurance provides coverage for AEP System companies, their
directors and officers, and any employee deemed to be a fiduciary or trustee,
for breach of fiduciary responsibility, obligation, or duties as imposed under
the Employee Retirement Income Security Act of 1974. This coverage, provided by
Associated Electric & Gas Insurance Services, The Federal Insurance Company, and
Zurich American Insurance Company, was renewed, effective July 1, 2000 through
June 30, 2003, for a cost of $355,350.
ITEM 7. CONTRIBUTIONS AND PUBLIC RELATIONS
Expenditures, disbursements or payments during the year, in money, goods
or services directly or indirectly to or for the account of:
(1) Any political party, candidate for public office or
holder of such office, or any committee or agent
thereof.
- NONE
(2) Any citizens group or public relations counsel.
Calendar Year 2001
------------------
Accounts Charged,
Name of Company and Name if any,
or Number of Recipients Per Books of
or Beneficiaries Purpose Disbursing Company Amounts
------------------------ ------- ------------------ -------
(in thousands)
NONE
ITEM 8. SERVICE, SALES AND CONSTRUCTION CONTRACTS
Part I. Contracts for services, including engineering or
construction services, or goods supplied or sold between
System companies are as follows:
Calendar Year 2001
Company Company In Effect
Nature of Performing Receiving Date of On Dec. 31st
Transactions Service Service Compensation Contract (Yes or No)
(1) (2) (3) (4) (5) (6)
------------ ---------- --------- ------------ -------- ------------
(in thousands)
Communication Services CECom CPL $ 197 1/01/99 Yes
Project and Administrative Suc. APCo CECom (9) 3/01/01 Yes
Machine Shop Services APCo System Operating Companies 11,084 1/01/79 Yes
Racine Hydro Service APCo OPCo 32 6/01/78 Yes
Simulator Training Services APCo System Operating Companies 1,123 12/12/87 Yes
Communications Services AEPCLLC APCo 2,925 3/04/98 Yes
Communications Services AEPCLLC KPCo 160 11/18/97 Yes
Communications Services AEPCLLC I&M 1,800 10/24/98 Yes
Communications Services AEPCLLC WPCo 5
Communications Services AEPCLLC OPCo 2,201 2/12/98 Yes
Communications Services AEPCLLC CSPCo 1,123 2/12/98 Yes
Project & Administrative Svc. KGPCo AEPCLLC 172 6/01/99 Yes
Project & Administrative Svc. APCo AEPCLLC 2,664 3/04/98 Yes
Project & Administrative Svc. KPCo AEPCLLC 139 11/18/97 Yes
Project & Administrative Svc. I&M AEPCLLC 517 10/24/98 Yes
Project & Administration Svc. OPCo AEPCLLC 196 2/12/98 Yes
Project & Administrative Svc. WPCo AEPCLLC 57 10/24/98 Yes
Project & Administrative Svc. CSPCo AEPCLLC (3) 02/12/98 Yes
Barging Transportation I&M System Operating Companies 30,226 5/01/86 Yes
A/R Factoring AEP CREDIT APCo 5,218 6/16/00 Yes
A/R Factoring AEP CREDIT CPL 14,573 6/16/00 Yes
A/R Factoring AEP CREDIT CSPCo 15,201 6/16/00 Yes
A/R Factoring AEP CREDIT I&M 8,458 6/16/00 Yes
A/R Factoring AEP CREDIT KGPCo 645 6/16/00 Yes
A/R Factoring AEP CREDIT KPCo 2,651 6/16/00 Yes
A/R Factoring AEP CREDIT OPCo 12,844 6/16/00 Yes
A/R Factoring AEP CREDIT PSO 9,573 6/16/00 Yes
A/R Factoring AEP CREDIT SWEPCo 7,366 6/16/00 Yes
A/R Factoring AEP CREDIT WTU 3,753 6/16/00 Yes
Coal Mine Shutdown Costs BHCCo I&M (79) 1/01/82 No
Coal Mine Shutdown Costs CeCCo APCo 4,184 12/01/76 No
Coal Mine Shutdown Costs CACCo APCo 260 9/14/83 No
Coal CCPC CSPCo 10,821 11/05/84 Yes
Coal COCCo OPCo 11,428 4/01/83 No
ITEM 8. (CONTINUED)
Coal Mine Shutdown Costs SACCo APCo (135) 3/01/78 No
Coal SOCCo OPCo 142,213 2/01/74 No
Coal Mine Shutdown Costs SOCCo OPCo 534 10/01/72 No
Coal WCCo OPCo 5,168 1/01/83 No
Operating Services AEPRGHC AEPES 22,661 5/17/99 No
Coal Conveyance STMCo Inc. CCPC 196 5/01/91 YES
Technical and Administrative Svc. AEPSC OVEC 4,174 12/7/56 YES
Technical and Administrative Svc. AEPSC IKEC 6,630 12/7/56 YES
Maintenance Services APCO OVEC 375 1/01/79 YES
Maintenance Services APCO IKEC 25 1/01/79 YES
Transactions between AEP System companies pursuant to the Affiliated
Transactions Agreement dated December 31, 1996 are reported in Exhibit F of this
U5S.
------------------------
Part II. Contracts to purchase services or goods between any System
company and (1) any affiliate company (other than a System
company) or (2) any other company in which any officer or
director of the System company, receiving service under the
contract, is a partner or owns 5 percent or more of any class
of equity securities. - NONE.
Part III. Employment of any other person, by any System company,
for the performance on a continuing basis, of management,
supervisory or financial advisory services. - NONE.
ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES
Part I.
The following table shows the required information for investment
in wholesale generation and foreign utility companies as of December 31, 2001:
(a) Company name, business address, facilities and interest held;
(b) Capital invested, recourse debt, guarantees and transfer of assets between
affiliates;
(c) Debt to equity ratio and earnings;
(d) Contracts for service, sales or construction with affiliates.
Foreign Utility Companies:
(a) SEEBOARD plc
Forest Gate, Brighton Road
Crawley, West Sussex RH11 9BH
United Kingdom
Distributes and supplies electricity to approximately 2 million customers
in the United Kingdom. AEP owns 100%.
(b) Capital invested - $829 million. Recourse debt - NONE. Guarantees - NONE.
Asset transfers - NONE.
(c) Debt to equity ratio - 0.9 to 1; Earnings $89 million.
(d) NONE
(a) AEPR Global Holland Holding B.V
Herengracht 548
1017 CG Amsterdam, The Netherlands
(b) Capital Invested - $880 million. Recourse debt - NONE. Guarantees - NONE.
Asset Transfers - NONE.
(c) Debt to equity ratio - 2.3:1; Earnings - NONE.
(d) NONE
(a) AEP Energy Services UK Generation Limited
50 Berkeley Street
Mayfair London W1J89AP, Great Britain
(b) Capital invested - $124 million. Recourse debt - NONE. Guarantees - NONE.
Asset transfers - NONE.
(c) Debt to equity ratios - 1.2:1; Earnings - NONE.
(d) NONE
(a) Nanyang General Light Electric Co., Ltd.
Dayuan Zhuan Village
Pushan Town, Nanyang City
People's Republic of China
Owns and operates a two unit electric generating plant in China. AEP
owns 70%.
(b) Capital invested $91 million. Recourse debt - NONE.
Guarantees - NONE.
Asset transfers - NONE.
(c) Debt to equity ratio - 1.6 to 1.
Earnings - $6 million.
(d) Nanyang has contracts with AEP ProServe Company for consulting and
administrative service which resulted in a fee of $600,000.
(a) Empresa de Eletricidade Vale Paranapanema S.A. ("Vale")
Avenida Paulista, No. 2439, 5th floor
Sao Paulo, Sao Paulo
Brazil
Owns a majority interest in five electric operating companies in Brazil.
AEP owns a 44% share of Vale and a 20% share of a Vale subsidiary.
(b) Capital invested $215 million.
Recourse debt - NONE.
Convertible debt - NONE.
Guarantees - NONE.
Asset transfers - NONE.
(c) Debt to equity ratio 0.2 to 1. Earnings $4.2 million.
(d) NONE
ITEM 9. Part 1 (Continued)
(a) Pacific Hydro Limited
Level 8
474 Flinders Street
Melbourne, Victoria
3000 Australia
Develops and owns hydroelectric facilities in the Asia Pacific region.
AEP owns 20%.
(b) Capital invested - $17 million.
Recourse Debt - NONE.
Guarantees - NONE.
Assets transferred - NONE.
(c) Noncurrent liabilities to equity ratio - 0.3 to 1.
Earnings - $3.4 million.
(d) NONE
(a) CitiPower Pty.
600 Bourke Street
Melbourne Victoria
3000 Australia
CitiPower distributes and sells electricity to approximately 260,000
customers over 3,990 miles of distribution lines.
AEP owns 100%.
(b) Capital invested - $341 million.
Recourse debt - NONE.
Guarantees - NONE.
Asset transfers - NONE.
(c) Debt to equity ratio - 5.5 to 1.
Earnings - $(6) million.
(d) NONE.
(a) AEP Energy Services Limited
29/30 St. James's Street
London SW1A 1HB
Great Britain
AEP owns 100%.
(b) Capital invested - $70 million.
Recourse debt - NONE.
Guarantees - NONE.
(c) Earnings - $(0.4) million.
(d) Not Available.
(a) InterGen Denmark, Aps
Torre Chapultepec,
Piso 13,
Ruben Dario 281, Col.
Bosques de
Chapultepec, Mexico, D.F. 11520.
Construction and operation of a 600 megawatt natural gas-fired, combined
cycle plant.
AEP owns 50%.
(b) Capital invested - $6 million. Recourse debt - NONE. Guarantees - NONE.
Asset transfers - NONE.
(c) Earnings - ($2.2 million).
(d) None.
ITEM 9. Part 1 (Continued)
Exempt Wholesale Generators:
(a) Newgulf Power Venture, Inc.
1 Riverside Plaza
Columbus, Ohio
Operation of 85 megawatt plant in Texas.
(b) Capital invested $17 million Recourse debt - NONE. Guarantees - NONE.
Asset transfers - NONE
(c) Debt to equity ratio - 0.2:1
(d) NONE
(a) AEP Indian Mesa LP, LLC
1 Riverside Plaza
Columbus, Ohio
Operation of Windfarm in Texas.
(b) Capital invested - $175 million. Recourse debt - none. Guarantees - none.
Asset transfer - none.
(c) Debt to equity ratios is 0.9:1
(d) None
(a) South Coast Power Limited
Shoreham, East Sussex
United Kingdom
(b) Capital invested - $23 million. Recourse debt - none. Guarantees - none.
Asset transfers - none.
(c) Debt to equity ratio - 0.3:1
(d) None
(a) Trent Windfarm L.P.
1 Riverside Plaza
Columbus, Ohio
Operation of Windfarm in Texas.
(b) Capital invested - $138 million. Recourse debt - none. Guarantees - none.
Asset transfer - none.
(c) Debt to equity ratios is 1:1
(d) None
(a) South Coast Power Limited
Shoreham, East Sussex
United Kingdom
(b) Capital invested - $23 million. Recourse debt - none. Guarantees - none.
Asset transfers - none.
(c) Debt to equity ratio - 0.3:1
(d) None
ITEM 9. Part II.
See Exhibit's G and H
ITEM 9. Part III.
American Electric Power Company, Inc.'s aggregate investment in foreign
utility companies is $3.1 billion and in exempt wholesale generators is
$331 million which is 43.6% of its investment in domestic public utility
subsidiary companies.
ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS Page No.
-----------
Consent of Independent Public Accountants A-1
Consolidating Statements of Income B-1 to B-19
Consolidating Balance Sheets B-20 to B-55
Consolidating Statements of Cash Flows B-56 to B-72
Consolidating Statements of Retained Earnings B-73 to B-83
Note to Consolidating Financial Statements C
Financial Statements of Subsidiaries
Not Consolidated:
OVEC D-1 to D-4
EXHIBITS
Exhibit A E
Exhibit B & C **
Exhibit D **
Exhibit E **
Exhibit F **
Exhibit G **
Exhibit H ***
** These Exhibits are included only the in copy filed with the Securities and
Exchange Commission.
*** Filed confidentially pursuant to Rule 104(b) of the PUHCA.
SIGNATURE
The undersigned system 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.
AMERICAN ELECTRIC POWER COMPANY, INC.
By /s/ Armando A. Pena
-----------------------
Armando A. Pena
Treasurer
April 29, 2002
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this American Electric Power
Company, Inc. Annual Report on Form U5S to the Securities and Exchange
Commission, filed pursuant to the Public Utility Holding Company Act of 1935,
for the year ended December 31, 2001, of our reports dated February 22, 2002,
included in or incorporated by reference in the combined Annual Report on Form
10-K to the Securities and Exchange Commission of American Electric Power
Company, Inc. and its subsidiaries and of certain of its subsidiaries for the
year ended December 31, 2001.
Deloitte & Touche LLP
Columbus, Ohio
April 29, 2002
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
--------------------------------------------------------------------------------------------------------------------------------
AEP AEP APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED
--------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 61,257,102,193.28 3,665,636,777.08 2,410.99 6,999,430,256.98
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 61,257,102,193.28 3,665,636,777.08 2,410.99 6,999,430,256.98
OPERATING EXPENSES
OPERATIONS
FUEL 3,239,703,889.04 (3,237,592.06) 0.00 351,556,909.70
PURCHASED POWER 49,512,942,755.69 4,766,999,034.71 0.00 5,600,860,791.90
OTHER OPERATION 3,218,047,532.22 (1,055,343,129.06) 53,566,465.76 263,798,176.57
MAINTENANCE 748,121,756.29 (90,297,770.20) 8,427.01 132,373,029.51
TOTAL OPER/MAINT EXPENSES 56,718,815,933.24 3,618,120,543.39 53,574,892.77 6,348,588,907.68
DEPRECIATION AND AMORTIZATION 1,383,576,451.53 (13,630,033.18) 0.00 180,393,075.52
TAXES OTHER THAN INCOME TAXES 667,874,931.00 (42,908,723.71) 0.00 99,877,582.63
STATE, LOCAL & FOREIGN INCOME TAXES 100,074,459.41 (10,769,575.84) 0.00 14,576,854.00
FEDERAL INCOME TAXES 502,325,019.88 (5,116,367.00) (14,735,573.84) 81,007,632.00
TOTAL OPERATING EXPENSES 59,372,666,795.06 3,545,695,843.66 38,839,318.93 6,724,444,051.83
NET OPERATING INCOME 1,884,435,398.22 119,940,933.42 (38,836,907.94) 274,986,205.15
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 306,536,434.10 (8,743,294,924.62) 1,198,195,281.67 2,320,648,945.69
OTHER INCOME DEDUCTIONS (207,284,817.38) 7,402,573,621.33 0.00 (2,312,466,074.05)
TAXES APPL TO OTHER INC &DED 14,549,774.58 (11,272.00) (43,427.93) (1,314,868.02)
NET OTHR INCOME AND DEDUCTIONS 113,801,391.30 (1,340,732,575.29) 1,198,151,853.74 6,868,003.62
INCOME BEFORE INTEREST CHARGES 1,998,236,789.52 (1,220,791,641.87) 1,159,314,945.80 281,854,208.77
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 732,945,466.28 (37,533,721.81) 44,253,995.02 109,486,292.09
INT SHORT TERM DEBT - AFFIL 14,992.26 (152,767,725.04) 12,233,078.35 9,753,735.87
INT SHORT TERM DEBT - NON-AFFL 147,738,093.35 0.00 131,831,039.29 967,890.89
AMORT OF DEBT DISC, PREM & EXP 5,705,290.94 0.00 165,224.03 1,413,379.76
AMORT LOSS ON REACQUIRED DEBT 5,368,293.40 0.00 0.00 1,255,820.67
AMORT GAIN ON REACQUIRED DEBT (151,833.94) 0.00 0.00 (131,037.86)
OTHER INTEREST EXPENSE 121,802,837.84 0.00 3,342.05 1,746,427.57
TOTAL INTEREST CHARGES 1,013,423,140.13 (190,301,446.85) 188,486,678.74 124,492,508.99
AFUDC BORROWED FUNDS - CR (41,279,302.66) 0.00 0.00 (4,456,576.27)
NET INTEREST CHARGES 972,143,837.47 (190,301,446.85) 188,486,678.74 120,035,932.72
MINORITY INTEREST IN FINANCE SUBSIDIARY (13,130,000.00) (13,130,000.00) 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 18,070,000.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS (50,431,431.10) 18,520,000.00 0.00 0.00
NET INCOME BEFORE PREF DIV 980,601,520.95 (1,025,100,195.02) 970,828,267.06 161,818,276.05
PREF STK DIVIDEND REQUIREMENT 9,773,227.84 0.00 0.00 2,011,289.60
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 970,828,293.11 (1,025,100,195.02) 970,828,267.06 159,806,986.45
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSPCO I&M
DESCRIPTION CONSOLIDATED CONSOLIDATED KEPCO KGPCO
-------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 4,299,862,800.94 4,803,625,061.84 1,659,394,832.66 78,832,307.24
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 4,299,862,800.94 4,803,625,061.84 1,659,394,832.66 78,832,307.24
OPERATING EXPENSES
OPERATIONS
FUEL 175,152,898.89 250,098,259.60 70,635,346.49 0.00
PURCHASED POWER 3,250,855,384.12 3,531,491,589.12 1,409,759,940.77 54,776,630.05
OTHER OPERATION 221,341,579.70 451,194,446.39 59,175,222.20 8,106,304.51
MAINTENANCE 62,453,854.17 127,263,317.62 22,444,313.55 2,200,226.71
TOTAL OPER/MAINT EXPENSES 3,709,803,716.88 4,360,047,612.73 1,562,014,823.01 65,083,161.27
DEPRECIATION AND AMORTIZATION 127,363,676.46 164,230,378.31 32,490,516.35 3,262,028.06
TAXES OTHER THAN INCOME TAXES 111,481,193.87 65,517,805.54 7,853,227.05 3,014,235.88
STATE, LOCAL & FOREIGN INCOME TAXES 8,755,303.00 9,360,349.00 488,988.00 232,748.00
FEDERAL INCOME TAXES 90,281,837.00 44,763,711.00 8,869,552.00 2,090,440.00
TOTAL OPERATING EXPENSES 4,047,685,727.21 4,643,919,856.58 1,611,717,106.41 73,682,613.21
NET OPERATING INCOME 252,177,073.73 159,705,205.26 47,677,726.25 5,149,694.03
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,334,302,602.56 1,474,572,575.21 569,602,074.35 (10,873.47)
OTHER INCOME DEDUCTIONS (1,322,356,764.08) (1,456,932,107.73) (567,667,265.25) (97,375.29)
TAXES APPL TO OTHER INC &DED (4,207,319.20) (7,910,564.32) (687,149.58) 112,750.00
NET OTHR INCOME AND DEDUCTIONS 7,738,519.28 9,729,903.16 1,247,659.52 4,501.24
INCOME BEFORE INTEREST CHARGES 259,915,593.01 169,435,108.42 48,925,385.77 5,154,195.27
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 61,940,947.43 78,243,676.69 24,478,440.70 1,263,131.86
INT SHORT TERM DEBT - AFFIL 4,958,361.33 13,087,648.48 2,328,397.81 402,954.65
INT SHORT TERM DEBT - NON-AFFL (44,015.09) 23.38 203.38 23.38
AMORT OF DEBT DISC, PREM & EXP 608,354.48 1,010,810.42 566,613.61 30,555.58
AMORT LOSS ON REACQUIRED DEBT 1,273,545.08 1,444,883.47 45,726.42 222.75
AMORT GAIN ON REACQUIRED DEBT 0.00 (998.62) 0.00 0.00
OTHER INTEREST EXPENSE 1,872,621.32 1,474,442.40 446,868.95 42,319.94
TOTAL INTEREST CHARGES 70,609,814.55 95,260,486.22 27,866,250.87 1,739,208.16
AFUDC BORROWED FUNDS - CR (2,594,823.79) (1,613,328.42) (505,405.86) 8,737.85
NET INTEREST CHARGES 68,014,990.76 93,647,157.80 27,360,845.01 1,747,946.01
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS (30,024,282.58) 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 161,876,319.67 75,787,950.62 21,564,540.76 3,406,249.26
PREF STK DIVIDEND REQUIREMENT 1,094,662.81 4,621,138.02 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 160,781,656.86 71,166,812.60 21,564,540.76 3,406,249.26
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
OPCO
DESCRIPTION CONSOLIDATED WPCO AEGCO AEPSC
-------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 6,262,401,987.00 83,410,464.45 227,548,459.00 1,105,133,959.41
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 6,262,401,987.00 83,410,464.45 227,548,459.00 1,105,133,959.41
OPERATING EXPENSES
OPERATIONS
FUEL 686,568,258.02 0.00 102,828,366.38 3,237,592.06
PURCHASED POWER 4,287,708,669.18 55,275,027.62 0.00 1,273,282.85
OTHER OPERATION 403,404,431.98 7,559,713.04 79,307,905.95 922,722,025.67
MAINTENANCE 142,877,773.43 3,125,553.38 8,852,599.35 90,297,770.20
TOTAL OPER/MAINT EXPENSES 5,520,559,132.61 65,960,294.04 190,988,871.68 1,017,530,670.78
DEPRECIATION AND AMORTIZATION 239,981,498.54 3,699,113.66 22,422,581.56 13,598,144.26
TAXES OTHER THAN INCOME TAXES 159,778,072.58 5,079,211.44 4,257,553.47 42,908,723.71
STATE, LOCAL & FOREIGN INCOME TAXES 21,703,276.00 508,957.00 1,615,107.00 10,769,575.84
FEDERAL INCOME TAXES 79,669,878.00 2,436,818.00 1,286,849.00 2,599,215.09
TOTAL OPERATING EXPENSES 6,021,691,857.73 77,684,394.14 220,570,962.71 1,087,406,329.68
NET OPERATING INCOME 240,710,129.27 5,726,070.31 6,977,496.29 17,727,629.73
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,880,294,276.52 92,893.71 29,967.54 (464,553.17)
OTHER INCOME DEDUCTIONS (1,863,471,770.37) (251,340.87) (42,999.26) (11,510,179.86)
TAXES APPL TO OTHER INC &DED 1,863,766.57 154,018.37 3,496,439.97 0.00
NET OTHR INCOME AND DEDUCTIONS 18,686,272.72 (4,428.79) 3,483,408.25 (11,974,733.03)
INCOME BEFORE INTEREST CHARGES 259,396,401.99 5,721,641.52 10,460,904.54 5,752,896.70
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 81,857,616.08 1,360,995.42 1,577,750.87 4,978,625.00
INT SHORT TERM DEBT - AFFIL 14,630,373.27 246,638.02 753,737.94 3,655,597.11
INT SHORT TERM DEBT - NON-AFFL (2,390.81) 26,263.79 0.00 (59,864.69)
AMORT OF DEBT DISC, PREM & EXP 1,031,799.06 30,555.58 (25,020.54) 5,213.64
AMORT LOSS ON REACQUIRED DEBT 603,694.69 467.88 322,107.36 421,825.08
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 3,170,992.66 15,671.53 13.00 442,249.42
TOTAL INTEREST CHARGES 101,292,084.95 1,680,592.22 2,628,588.63 9,443,645.56
AFUDC BORROWED FUNDS - CR (7,689,199.76) (26,952.36) (42,350.21) (3,690,748.86)
NET INTEREST CHARGES 93,602,885.19 1,653,639.86 2,586,238.42 5,752,896.70
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS (18,348,148.52) 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 147,445,368.28 4,068,001.66 7,874,666.12 (0.00)
PREF STK DIVIDEND REQUIREMENT 1,258,738.20 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 146,186,630.08 4,068,001.66 7,874,666.12 (0.00)
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------------------
DESCRIPTION CCCO FRECO IFRI AEPPM AEPES
---------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 0.00 0.00 0.00 0.00 12,822,768,396.50
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 0.00 0.00 0.00 0.00 12,822,768,396.50
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00 0.00 12,534,272,762.65
OTHER OPERATION 0.00 0.00 0.00 240.34 143,485,870.60
MAINTENANCE 0.00 0.00 0.00 0.00 406,292.31
TOTAL OPER/MAINT EXPENSES 0.00 0.00 0.00 240.34 12,678,164,925.56
DEPRECIATION AND AMORTIZATION 0.00 0.00 0.00 0.00 3,208,330.92
TAXES OTHER THAN INCOME TAXES 0.00 0.00 0.00 0.00 453,760.69
STATE, LOCAL & FOREIGN INCOME TAXES 0.00 0.00 0.00 0.00 1,249,764.00
FEDERAL INCOME TAXES 0.00 0.00 0.00 0.00 0.00
TOTAL OPERATING EXPENSES 0.00 0.00 0.00 240.34 12,683,076,781.17
NET OPERATING INCOME 0.00 0.00 0.00 (240.34) 139,691,615.33
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 307,878.83 0.00 0.00 0.00 2,669,210.98
OTHER INCOME DEDUCTIONS (282,708.22) 0.00 0.00 0.00 (31,407.32)
TAXES APPL TO OTHER INC &DED (25,170.61) 0.00 0.00 19.00 (53,768,063.68)
NET OTHR INCOME AND DEDUCTIONS 0.00 0.00 0.00 19.00 (51,130,260.02)
INCOME BEFORE INTEREST CHARGES 0.00 0.00 0.00 (221.34) 88,561,355.31
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00 0.00 500,046.93
INT SHORT TERM DEBT - AFFIL 0.00 0.00 0.00 0.00 3,397,922.93
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00 0.00 11,750.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 0.00 0.00 0.00 0.00 2,426,740.33
TOTAL INTEREST CHARGES 0.00 0.00 0.00 0.00 6,336,460.19
AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 0.00 0.00
NET INTEREST CHARGES 0.00 0.00 0.00 0.00 6,336,460.19
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 0.00 0.00 0.00 (221.34) 82,224,895.12
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 0.00 0.00 0.00 (221.34) 82,224,895.12
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
AEPINV AEPR AEPC
DESCRIPTION CONSOLIDATED CONSOLIDATED AEPPRO CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 0.00 8,177,387,380.26 177,003,939.43 13,837,226.07
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 0.00 8,177,387,380.26 177,003,939.43 13,837,226.07
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 14,583,141.05 0.00 0.00
PURCHASED POWER 0.00 7,846,369,452.22 0.00 0.00
OTHER OPERATION 1,836,957.77 191,425,669.02 178,094,628.66 19,385,990.68
MAINTENANCE 0.00 29,886,358.46 0.00 833,966.55
TOTAL OPER/MAINT EXPENSES 1,836,957.77 8,082,264,620.75 178,094,628.66 20,219,957.23
DEPRECIATION AND AMORTIZATION 0.00 69,088,990.23 12,622.56 3,055,678.25
TAXES OTHER THAN INCOME TAXES 0.00 1,518,065.48 27.61 4,981.50
STATE, LOCAL & FOREIGN INCOME TAXES 0.00 6,218,148.53 0.00 0.00
FEDERAL INCOME TAXES 0.00 1,717,434.00 0.00 1.00
TOTAL OPERATING EXPENSES 1,836,957.77 8,160,807,258.99 178,107,278.83 23,280,617.98
NET OPERATING INCOME (1,836,957.77) 16,580,121.27 (1,103,339.40) (9,443,391.91)
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 2,700,158.89 5,844,270.22 2,270,974.94 (7,244,962.18)
OTHER INCOME DEDUCTIONS (228,307.56) (3,138,491.63) (491.00) (29,738,610.25)
TAXES APPL TO OTHER INC &DED (234,937.00) 26,436,960.91 (605,540.19) 22,423,678.29
NET OTHR INCOME AND DEDUCTIONS 2,236,914.33 29,142,739.50 1,664,943.75 (14,559,894.14)
INCOME BEFORE INTEREST CHARGES 399,956.56 45,722,860.77 561,604.35 (24,003,286.05)
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 73,471,424.20 0.00 8,730,672.53
INT SHORT TERM DEBT - AFFIL 92,580.59 28,828,859.46 266,419.88 4,264,543.36
INT SHORT TERM DEBT - NON-AFFL 0.00 4,327,213.57 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 586,614.44 0.00 30,839.04
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 1,253.00 1,397,243.85 2,595.31 73,749.64
TOTAL INTEREST CHARGES 93,833.59 108,611,355.52 269,015.19 13,099,804.57
AFUDC BORROWED FUNDS - CR 0.00 (46,712.69) 0.00 (2,266,650.80)
NET INTEREST CHARGES 93,833.59 108,564,642.83 269,015.19 10,833,153.77
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 306,122.97 (62,841,782.06) 292,589.16 (34,836,439.82)
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 306,122.97 (62,841,782.06) 292,589.16 (34,836,439.82)
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSW AEP C&I
DESCRIPTION CONSOLIDATED AEPRELLC CONSOLIDATED AEP T&D SVC
-------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 10,849,400,234.72 610,507.43 0.00 740,429.90
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 10,849,400,234.72 610,507.43 0.00 740,429.90
OPERATING EXPENSES
OPERATIONS
FUEL 1,588,280,708.91 0.00 0.00 0.00
PURCHASED POWER 6,172,103,114.03 452,438.09 0.00 0.00
OTHER OPERATION 1,228,441,654.50 304,154.71 1,972,682.68 844,175.33
MAINTENANCE 215,386,424.73 1,163.55 0.00 6,177.65
TOTAL OPER/MAINT EXPENSES 9,204,211,902.17 757,756.35 1,972,682.68 850,352.98
DEPRECIATION AND AMORTIZATION 531,759,544.26 0.00 20,371.89 0.00
TAXES OTHER THAN INCOME TAXES 209,039,084.43 0.00 356.92 (228.09)
STATE, LOCAL & FOREIGN INCOME TAXES 35,270,293.88 0.00 0.00 0.00
FEDERAL INCOME TAXES 207,111,911.63 0.00 1.00 0.00
TOTAL OPERATING EXPENSES 10,187,392,736.37 757,756.35 1,993,412.49 850,124.89
NET OPERATING INCOME 662,007,498.35 (147,248.92) (1,993,412.49) (109,694.99)
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 265,683,800.94 16,411.77 320,156.19 0.00
OTHER INCOME DEDUCTIONS (38,990,874.97) (25,000.00) (2,626,671.00) 0.00
TAXES APPL TO OTHER INC &DED 22,753,316.97 55,972.74 1,757,087.87 36,484.03
NET OTHR INCOME AND DEDUCTIONS 249,446,242.94 47,384.51 (549,426.94) 36,484.03
INCOME BEFORE INTEREST CHARGES 911,453,741.29 (99,864.41) (2,542,839.43) (73,210.96)
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 278,335,573.27 0.00 0.00 0.00
INT SHORT TERM DEBT - AFFIL 52,585,562.64 11,615.84 724,256.22 3,604.37
INT SHORT TERM DEBT - NON-AFFL 10,670,132.30 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 250,351.84 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT (19,797.46) 0.00 0.00 0.00
OTHER INTEREST EXPENSE 108,686,306.87 0.00 0.00 0.00
TOTAL INTEREST CHARGES 450,508,129.46 11,615.84 724,256.22 3,604.37
AFUDC BORROWED FUNDS - CR (18,355,291.49) 0.00 0.00 0.00
NET INTEREST CHARGES 432,152,837.97 11,615.84 724,256.22 3,604.37
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 18,070,000.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS (20,579,000.00) 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 476,791,903.32 (111,480.25) (3,267,095.65) (76,815.33)
PREF STK DIVIDEND REQUIREMENT 787,399.21 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 476,004,504.11 (111,480.25) (3,267,095.65) (76,815.33)
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
MESA LP MUTUALENER
DESCRIPTION AEPTEXASGP AEPCOAL CONSOLIDATED CONSOLIDATED
------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 0.00 29,029,566.48 0.00 1,045,194.90
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 0.00 29,029,566.48 0.00 1,045,194.90
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00 744,638.38
OTHER OPERATION 2,853.40 24,788,689.95 0.00 12,630,821.87
MAINTENANCE 0.00 0.00 0.00 2,278.31
TOTAL OPER/MAINT EXPENSES 2,853.40 24,788,689.95 0.00 13,377,738.56
DEPRECIATION AND AMORTIZATION 0.00 2,619,933.88 0.00 0.00
TAXES OTHER THAN INCOME TAXES 0.00 0.00 0.00 0.00
STATE, LOCAL & FOREIGN INCOME TAXES 0.00 94,671.00 0.00 0.00
FEDERAL INCOME TAXES 0.00 341,681.00 0.00 0.00
TOTAL OPERATING EXPENSES 2,853.40 27,844,975.83 0.00 13,377,738.56
NET OPERATING INCOME (2,853.40) 1,184,590.65 0.00 (12,332,543.66)
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 0.00 0.00 0.00 267.53
OTHER INCOME DEDUCTIONS 0.00 0.00 0.00 0.00
TAXES APPL TO OTHER INC &DED 998.00 0.00 0.00 4,266,594.39
NET OTHR INCOME AND DEDUCTIONS 998.00 0.00 0.00 4,266,861.92
INCOME BEFORE INTEREST CHARGES (1,855.40) 1,184,590.65 0.00 (8,065,681.74)
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00 0.00
INT SHORT TERM DEBT - AFFIL 0.00 540,218.69 0.00 16,610.49
INT SHORT TERM DEBT - NON-AFFL 0.00 9,823.96 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 0.00 0.00 0.00 0.00
TOTAL INTEREST CHARGES 0.00 550,042.65 0.00 16,610.49
AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 0.00
NET INTEREST CHARGES 0.00 550,042.65 0.00 16,610.49
MINORITY INTEREST IN FINANCE SUBSIDIARY 0.00 0.00 0.00 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV (1,855.40) 634,548.00 0.00 (8,082,292.23)
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK (1,855.40) 634,548.00 0.00 (8,082,292.23)
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------------------
CSW CSW CPL
DESCRIPTION CONSOLIDATED ELIMINATIONS CSW CONSOLIDATED
---------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 10,849,400,234.72 (79,617,351.10) 0.00 3,321,727,335.49
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 10,849,400,234.72 (79,617,351.10) 0.00 3,321,727,335.49
OPERATING EXPENSES
OPERATIONS
FUEL 1,588,280,708.91 0.00 0.00 492,057,324.77
PURCHASED POWER 6,172,103,114.03 0.00 0.00 1,769,346,355.63
OTHER OPERATION 1,228,441,654.50 (30,070,815.63) 11,230,855.39 321,227,344.98
MAINTENANCE 215,386,424.73 0.00 0.00 71,212,159.38
TOTAL OPER/MAINT EXPENSES 9,204,211,902.17 (30,070,815.63) 11,230,855.39 2,653,843,184.76
DEPRECIATION AND AMORTIZATION 531,759,544.26 0.00 326,496.00 168,341,221.92
TAXES OTHER THAN INCOME TAXES 209,039,084.43 0.00 0.00 90,915,830.73
STATE, LOCAL & FOREIGN INCOME TAXES 35,270,293.88 0.00 0.00 14,848,886.31
FEDERAL INCOME TAXES 207,111,911.63 0.00 (6,148,671.00) 98,047,529.00
TOTAL OPERATING EXPENSES 10,187,392,736.37 (30,070,815.63) 5,408,680.39 3,025,996,652.72
NET OPERATING INCOME 662,007,498.35 (5,546,535.47) (5,408,680.39) 295,730,682.77
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 265,683,800.94 (505,631,483.11) 500,020,855.60 4,925,690.31
OTHER INCOME DEDUCTIONS (38,990,874.97) 0.00 498,989.26 0.00
TAXES APPL TO OTHER INC &DED 22,753,316.97 0.00 100.00 398,255.00
NET OTHR INCOME AND DEDUCTIONS 249,446,242.94 (505,631,483.11) 500,519,944.86 5,323,945.31
INCOME BEFORE INTEREST CHARGES 911,453,741.29 (511,178,018.58) 495,111,264.47 301,054,628.08
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 278,335,573.27 0.00 0.00 86,980,425.34
INT SHORT TERM DEBT - AFFIL 52,585,562.64 (12,401,562.22) 12,870,873.25 11,414,223.39
INT SHORT TERM DEBT - NON-AFFL 10,670,132.30 0.00 0.00 3,145,546.91
AMORT OF DEBT DISC, PREM & EXP 250,351.84 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT (19,797.46) 0.00 0.00 (48.34)
OTHER INTEREST EXPENSE 108,686,306.87 0.00 68,926.00 21,671,171.65
TOTAL INTEREST CHARGES 450,508,129.46 (12,401,562.22) 12,939,799.25 123,211,318.95
AFUDC BORROWED FUNDS - CR (18,355,291.49) 0.00 0.00 (6,942,889.50)
NET INTEREST CHARGES 432,152,837.97 (12,401,562.22) 12,939,799.25 116,268,429.45
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 18,070,000.00 18,070,000.00 0.00 0.00
NET EXTRAORDINARY ITEMS (20,579,000.00) (18,070,000.00) 0.00 (2,509,000.00)
NET INCOME BEFORE PREF DIV 476,791,903.32 (498,776,456.36) 482,171,465.22 182,277,198.63
PREF STK DIVIDEND REQUIREMENT 787,399.21 0.00 0.00 241,551.21
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 476,004,504.11 (498,776,456.36) 482,171,465.22 182,035,647.42
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------
PSO SWEPCO
DESCRIPTION CONSOLIDATED CONSOLIDATED WTU SEEBOARD
------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 2,201,248,847.72 2,574,448,380.82 1,064,270,633.22 1,451,232,846.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 2,201,248,847.72 2,574,448,380.82 1,064,270,633.22 1,451,232,846.00
OPERATING EXPENSES
OPERATIONS
FUEL 461,470,046.27 457,613,167.41 177,140,170.46 0.00
PURCHASED POWER 1,309,945,601.62 1,504,626,984.66 634,847,996.12 953,336,176.00
OTHER OPERATION 139,926,684.99 173,830,874.25 111,262,718.41 241,499,849.00
MAINTENANCE 46,188,542.97 74,677,091.54 22,342,992.96 0.00
TOTAL OPER/MAINT EXPENSES 1,957,530,875.85 2,210,748,117.86 945,593,877.95 1,194,836,025.00
DEPRECIATION AND AMORTIZATION 80,244,800.89 119,543,430.19 50,705,347.81 95,742,899.00
TAXES OTHER THAN INCOME TAXES 31,972,751.62 55,834,341.57 28,318,822.76 0.00
STATE, LOCAL & FOREIGN INCOME TAXES 7,915,010.00 8,339,890.00 1,973,328.00 0.00
FEDERAL INCOME TAXES 26,597,820.00 33,775,849.00 4,289,115.00 7,432,024.00
TOTAL OPERATING EXPENSES 2,104,261,258.36 2,428,241,628.62 1,030,880,491.52 1,298,010,948.00
NET OPERATING INCOME 96,987,589.36 146,206,752.20 33,390,141.70 153,221,898.00
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 371,701.12 1,283,478.92 1,504,542.60 26,367,807.00
OTHER INCOME DEDUCTIONS 0.00 0.00 0.00 0.00
TAXES APPL TO OTHER INC &DED (351,790.00) (542,675.00) 690,957.00 (8,317,145.00)
NET OTHR INCOME AND DEDUCTIONS 19,911.12 740,803.92 2,195,499.60 18,050,662.00
INCOME BEFORE INTEREST CHARGES 97,007,500.48 146,947,556.12 35,585,641.30 171,272,560.00
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 29,304,932.18 41,400,800.62 16,842,349.80 83,111,756.00
INT SHORT TERM DEBT - AFFIL 6,281,396.28 3,369,802.68 3,103,779.72 42,168.00
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 187,716.36 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 (19,749.12) 0.00
OTHER INTEREST EXPENSE 9,044,275.19 14,973,315.47 4,478,804.14 0.00
TOTAL INTEREST CHARGES 44,818,320.01 59,743,918.77 24,405,184.54 83,153,924.00
AFUDC BORROWED FUNDS - CR (5,569,680.63) (2,162,948.63) (1,130,151.85) 0.00
NET INTEREST CHARGES 39,248,639.38 57,580,970.14 23,275,032.69 83,153,924.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 57,758,861.10 89,366,585.98 12,310,608.61 88,118,636.00
PREF STK DIVIDEND REQUIREMENT 212,636.56 229,054.64 104,156.80 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 57,546,224.54 89,137,531.34 12,206,451.81 88,118,636.00
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------
CSWI CSWE
DESCRIPTION CONSOLIDATED CONSOLIDATED ENERSHOP CSWL
------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 29,379,415.00 101,167,502.00 127,870.38 0.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 29,379,415.00 101,167,502.00 127,870.38 0.00
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00 0.00
OTHER OPERATION 3,315,128.00 63,589,387.00 1,040,900.34 166,249.07
MAINTENANCE 0.00 0.00 0.00 0.00
TOTAL OPER/MAINT EXPENSES 3,315,128.00 63,589,387.00 1,040,900.34 166,249.07
DEPRECIATION AND AMORTIZATION 235,169.00 5,438,894.00 242,409.24 0.00
TAXES OTHER THAN INCOME TAXES 13,712.00 1,611,520.00 716.14 0.00
STATE, LOCAL & FOREIGN INCOME TAXES 0.00 601,858.00 0.00 0.00
FEDERAL INCOME TAXES 183,755.00 34,494,434.00 0.00 (5,776,031.37)
TOTAL OPERATING EXPENSES 3,747,764.00 105,736,093.00 1,284,025.72 (5,609,782.30)
NET OPERATING INCOME 25,631,651.00 (4,568,591.00) (1,156,155.34) 5,609,782.30
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 30,178,734.00 95,445,985.00 (569,905.06) 2,291,013.02
OTHER INCOME DEDUCTIONS 0.00 0.00 (119,782.38) (14,066,613.00)
TAXES APPL TO OTHER INC &DED (491,402.00) 0.00 986,731.59 (39,257.00)
NET OTHR INCOME AND DEDUCTIONS 29,687,332.00 95,445,985.00 297,044.15 (11,814,856.98)
INCOME BEFORE INTEREST CHARGES 55,318,983.00 90,877,394.00 (859,111.19) (6,205,074.68)
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 11,111,976.00 575,000.00 0.00
INT SHORT TERM DEBT - AFFIL 7,604,775.00 11,884,332.00 528,475.63 0.00
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 10,865.56 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 3,700.65 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 0.00 3,049,903.00 0.00 0.00
TOTAL INTEREST CHARGES 7,604,775.00 26,046,211.00 1,118,041.84 0.00
AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00 0.00
NET INTEREST CHARGES 7,604,775.00 26,046,211.00 1,118,041.84 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 47,714,208.00 64,831,183.00 (1,977,153.03) (6,205,074.68)
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 47,714,208.00 64,831,183.00 (1,977,153.03) (6,205,074.68)
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------
C3 COMM CSWESI REPHLD
DESCRIPTION CONSOLIDATED CONSOLIDATED CSWPWRM AEP CREDIT CONSOLIDATED
------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 12,694,719.77 0.00 0.00 172,720,035.42 0.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 12,694,719.77 0.00 0.00 172,720,035.42 0.00
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00 0.00 0.00
OTHER OPERATION 27,652,748.13 94,378,761.31 0.00 67,210,658.70 2,180,310.56
MAINTENANCE 965,637.88 0.00 0.00 0.00 0.00
TOTAL OPER/MAINT EXPENSES 28,618,386.01 94,378,761.31 0.00 67,210,658.70 2,180,310.56
DEPRECIATION AND AMORTIZATION 9,515,483.89 1,423,392.32 0.00 0.00 0.00
TAXES OTHER THAN INCOME TAXES 238,882.89 1,365.28 0.00 131,141.44 0.00
STATE, LOCAL & FOREIGN INCOME TAXES 0.00 0.00 0.00 1,591,321.57 0.00
FEDERAL INCOME TAXES 0.00 0.00 0.00 14,216,088.00 0.00
TOTAL OPERATING EXPENSES 38,372,752.79 95,803,518.91 0.00 83,149,209.71 2,180,310.56
NET OPERATING INCOME (25,678,033.02) (95,803,518.91) 0.00 89,570,825.71 (2,180,310.56)
OTHER INCOME AND DEDUCTIONS
OTHER INCOME (1,560,651.48) 67,051,547.63 0.00 4,338.83 146.56
OTHER INCOME DEDUCTIONS (25,299,344.00) (124.85) 0.00 0.00 (4,000.00)
TAXES APPL TO OTHER INC &DED 18,303,175.20 11,359,949.23 0.00 0.00 756,417.95
NET OTHR INCOME AND DEDUCTIONS (8,556,820.28) 78,411,372.01 0.00 4,338.83 752,564.51
INCOME BEFORE INTEREST CHARGES (34,234,853.30) (17,392,146.90) 0.00 89,575,164.54 (1,427,746.05)
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 6,708,333.33 2,300,000.00 0.00 0.00 0.00
INT SHORT TERM DEBT - AFFIL 4,483,242.83 1,378,897.26 0.00 2,025,158.82 0.00
INT SHORT TERM DEBT - NON-AFFL 0.00 2,568,922.08 0.00 4,944,797.75 0.00
AMORT OF DEBT DISC, PREM & EXP 44,134.08 14,800.75 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 5,831.42 (5,529.44) 0.00 55,399,609.44 0.00
TOTAL INTEREST CHARGES 11,241,541.66 6,257,090.65 0.00 62,369,566.01 0.00
AFUDC BORROWED FUNDS - CR (2,549,620.88) 0.00 0.00 0.00 0.00
NET INTEREST CHARGES 8,691,920.78 6,257,090.65 0.00 62,369,566.01 0.00
CUMULATIVE EFFECT OF ACCOUNTING CHANGE 0.00 0.00 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV (42,926,774.08) (23,649,237.55) 0.00 27,205,598.53 (1,427,746.05)
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00 0.00 0.00
Gain (Loss) on Reacq. Preferred Stock 0.00 0.00 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK (42,926,774.08) (23,649,237.55) 0.00 27,205,598.53 (1,427,746.05)
APPALACHIAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------
APCO APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO
------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 6,999,430,256.98 (3,697,129.56) 7,003,127,386.54 0.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 6,999,430,256.98 (3,697,129.56) 7,003,127,386.54 0.00
OPERATING EXPENSES
OPERATIONS
FUEL 351,556,909.70 0.00 351,556,909.70 0.00
PURCHASED POWER 5,600,860,791.90 0.00 5,600,860,791.90 0.00
OTHER OPERATION 263,798,176.57 (3,701,396.56) 267,499,573.13 0.00
MAINTENANCE 132,373,029.51 0.00 132,373,029.51 0.00
TOTAL OPER/MAINT EXPENSES 6,348,588,907.68 (3,701,396.56) 6,352,290,304.24 0.00
DEPRECIATION AND AMORTIZATION 180,393,075.52 0.00 180,393,075.52 0.00
TAXES OTHER THAN INCOME TAXES 99,877,582.63 0.00 99,877,582.63 0.00
STATE, LOCAL, AND FOREIGN INCOME TAXES 14,576,854.00 0.00 14,576,854.00 0.00
FEDERAL INCOME TAXES 81,007,632.00 0.00 81,007,632.00 0.00
TOTAL OPERATING EXPENSES 6,724,444,051.83 (3,701,396.56) 6,728,145,448.39 0.00
NET OPERATING INCOME 274,986,205.15 4,267.00 274,981,938.15 0.00
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 2,320,648,945.69 (160,332,151.98) 2,474,936,542.35 371,023.10
OTHER INCOME DEDUCTIONS (2,312,466,074.05) 159,695,896.35 (2,467,463,389.72) (346,585.10)
TAXES APPL TO OTHER INC &DED (1,314,868.02) 0.00 (600,276.24) (416.00)
NET OTHR INCOME AND DEDUCTIONS 6,868,003.62 (636,255.63) 6,872,876.39 24,022.00
INCOME BEFORE INTEREST CHARGES 281,854,208.77 (631,988.63) 281,854,814.54 24,022.00
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 109,486,292.09 0.00 109,486,292.09 0.00
INT SHORT TERM DEBT - AFFIL 9,753,735.87 (605.77) 9,754,341.64 0.00
INT SHORT TERM DEBT - NON-AFFL 967,890.89 0.00 967,890.89 0.00
AMORT OF DEBT DISC, PREM & EXP 1,413,379.76 0.00 1,413,379.76 0.00
AMORT LOSS ON REACQUIRED DEBT 1,255,820.67 0.00 1,255,820.67 0.00
AMORT GAIN ON REACQUIRED DEBT (131,037.86) 0.00 (131,037.86) 0.00
OTHER INTEREST EXPENSE 1,746,427.57 0.00 1,746,427.57 0.00
TOTAL INTEREST CHARGES 124,492,508.99 (605.77) 124,493,114.76 0.00
AFUDC BORROWED FUNDS - CR (4,456,576.27) 0.00 (4,456,576.27) 0.00
NET INTEREST CHARGES 120,035,932.72 (605.77) 120,036,538.49 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 161,818,276.05 (631,382.86) 161,818,276.05 24,022.00
PREF STK DIVIDEND REQUIREMENT 2,011,289.60 0.00 2,011,289.60 0.00
NET INCOME - EARN FOR CMMN STK 159,806,986.45 (631,382.86) 159,806,986.45 24,022.00
APPALACHIAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------
DESCRIPTION CECCO SACCO WVPCO
---------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 0.00 0.00 0.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 0.00 0.00 0.00
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00
OTHER OPERATION 0.00 0.00 0.00
MAINTENANCE 0.00 0.00 0.00
TOTAL OPER/MAINT EXPENSES 0.00 0.00 0.00
DEPRECIATION AND AMORTIZATION 0.00 0.00 0.00
TAXES OTHER THAN INCOME TAXES 0.00 0.00 0.00
STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 0.00 0.00
FEDERAL INCOME TAXES 0.00 0.00 0.00
TOTAL OPERATING EXPENSES 0.00 0.00 0.00
NET OPERATING INCOME 0.00 0.00 0.00
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 4,654,705.07 1,006,142.30 12,684.85
OTHER INCOME DEDUCTIONS (4,346,245.07) (5,691.30) (59.21)
TAXES APPL TO OTHER INC &DED (208,153.00) (500,250.00) (5,772.78)
NET OTHR INCOME AND DEDUCTIONS 100,307.00 500,201.00 6,852.86
INCOME BEFORE INTEREST CHARGES 100,307.00 500,201.00 6,852.86
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 0.00 0.00
INT SHORT TERM DEBT - AFFIL 0.00 0.00 0.00
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00
OTHER INTEREST EXPENSE 0.00 0.00 0.00
TOTAL INTEREST CHARGES 0.00 0.00 0.00
AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00
NET INTEREST CHARGES 0.00 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 100,307.00 500,201.00 6,852.86
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 100,307.00 500,201.00 6,852.86
COLUMBUS SOUTHERN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------
CSPCO CSPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO
----------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 4,299,862,800.94 (12,655,728.33) 4,301,501,263.27
PROVISION FOR RATE REFUND 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 4,299,862,800.94 (12,655,728.33) 4,301,501,263.27
OPERATING EXPENSES
OPERATIONS
FUEL 175,152,898.89 (177,434.12) 175,329,559.11
PURCHASED POWER 3,250,855,384.12 0.00 3,250,855,384.12
OTHER OPERATION 221,341,579.70 (9,739,633.36) 223,060,546.97
MAINTENANCE 62,453,854.17 (1,502,801.00) 62,453,959.73
TOTAL OPER/MAINT EXPENSES 3,709,803,716.88 (11,419,868.48) 3,711,699,449.93
DEPRECIATION AND AMORTIZATION 127,363,676.46 (1,061,772.00) 127,363,676.46
TAXES OTHER THAN INCOME TAXES 111,481,193.87 (243,940.88) 111,481,193.87
STATE, LOCAL, AND FOREIGN INCOME TAXES 8,755,303.00 0.00 8,755,303.00
FEDERAL INCOME TAXES 90,281,837.00 0.00 90,161,653.00
TOTAL OPERATING EXPENSES 4,047,685,727.21 (12,725,581.36) 4,049,461,276.26
NET OPERATING INCOME 252,177,073.73 69,853.03 252,039,987.01
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,334,302,602.56 (90,140,799.43) 1,424,322,390.94
OTHER INCOME DEDUCTIONS (1,322,356,764.08) 89,905,557.00 (1,412,355,360.95)
TAXES APPL TO OTHER INC &DED (4,207,319.20) 0.00 (4,125,659.39)
NET OTHR INCOME AND DEDUCTIONS 7,738,519.28 (235,242.43) 7,841,370.60
INCOME BEFORE INTEREST CHARGES 259,915,593.01 (165,389.40) 259,881,357.61
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 61,940,947.43 0.00 61,906,103.43
INT SHORT TERM DEBT - AFFIL 4,958,361.33 (605.79) 4,958,967.12
INT SHORT TERM DEBT - NON-AFFL (44,015.09) 0.00 (44,015.09)
AMORT OF DEBT DISC, PREM & EXP 608,354.48 0.00 608,354.48
AMORT LOSS ON REACQUIRED DEBT 1,273,545.08 0.00 1,273,545.08
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00
OTHER INTEREST EXPENSE 1,872,621.32 0.00 1,872,621.32
TOTAL INTEREST CHARGES 70,609,814.55 (605.79) 70,575,576.34
AFUDC BORROWED FUNDS - CR (2,594,823.79) 0.00 (2,594,819.98)
NET INTEREST CHARGES 68,014,990.76 (605.79) 67,980,756.36
NET EXTRAORDINARY ITEMS (30,024,282.58) 0.00 (30,024,282.58)
NET INCOME BEFORE PREF DIV 161,876,319.67 (164,783.61) 161,876,318.67
PREF STK DIVIDEND REQUIREMENT 1,094,662.81 0.00 1,094,662.81
NET INCOME - EARN FOR CMMN STK 160,781,656.86 (164,783.61) 160,781,655.86
COLUMBUS SOUTHERN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------
DESCRIPTION COLM CCPC SIMCO
----------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 0.00 10,821,666.00 195,600.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 0.00 10,821,666.00 195,600.00
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 773.90
PURCHASED POWER 0.00 0.00 0.00
OTHER OPERATION 0.00 8,029,569.00 (8,902.91)
MAINTENANCE 0.00 1,502,801.00 (105.56)
TOTAL OPER/MAINT EXPENSES 0.00 9,532,370.00 (8,234.57)
DEPRECIATION AND AMORTIZATION 0.00 992,676.00 69,096.00
TAXES OTHER THAN INCOME TAXES 0.00 240,849.00 3,091.88
STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 0.00 0.00
FEDERAL INCOME TAXES 0.00 79,258.00 40,926.00
TOTAL OPERATING EXPENSES 0.00 10,845,153.00 104,879.31
NET OPERATING INCOME 0.00 (23,487.00) 90,720.69
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 73,335.65 35,280.00 12,395.40
OTHER INCOME DEDUCTIONS 0.00 93,051.00 (11.13)
TAXES APPL TO OTHER INC &DED (69,888.81) 0.00 (11,771.00)
NET OTHR INCOME AND DEDUCTIONS 3,446.84 128,331.00 613.27
INCOME BEFORE INTEREST CHARGES 3,446.84 104,844.00 91,333.96
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 34,844.00 0.00
INT SHORT TERM DEBT - AFFIL 0.00 0.00 0.00
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00
OTHER INTEREST EXPENSE 0.00 0.00 0.00
TOTAL INTEREST CHARGES 0.00 34,844.00 0.00
AFUDC BORROWED FUNDS - CR 0.00 0.00 (3.81)
NET INTEREST CHARGES 0.00 34,844.00 (3.81)
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 3,446.84 70,000.00 91,337.77
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK 3,446.84 70,000.00 91,337.77
INDIANA MICHIGAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------------------------------------
I&M I&M
DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BHCCO PRCCO
----------------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 4,803,625,061.84 (1,833,044.18) 4,805,458,106.02 0.00 0.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 4,803,625,061.84 (1,833,044.18) 4,805,458,106.02 0.00 0.00
OPERATING EXPENSES
OPERATIONS
FUEL 250,098,259.60 0.00 250,098,259.60 0.00 0.00
PURCHASED POWER 3,531,491,589.12 0.00 3,531,491,589.12 0.00 0.00
OTHER OPERATION 451,194,446.39 (1,833,044.18) 453,027,490.57 0.00 0.00
MAINTENANCE 127,263,317.62 0.00 127,263,317.62 0.00 0.00
TOTAL OPER/MAINT EXPENSES 4,360,047,612.73 (1,833,044.18) 4,361,880,656.91 0.00 0.00
DEPRECIATION AND AMORTIZATION 164,230,378.31 0.00 164,230,378.31 0.00 0.00
TAXES OTHER THAN INCOME TAXES 65,517,805.54 0.00 65,517,805.54 0.00 0.00
STATE, LOCAL & FOREIGN INCOME TAXES 9,360,349.00 0.00 9,360,349.00 0.00 0.00
FEDERAL INCOME TAXES 44,763,711.00 0.00 44,763,711.00 0.00 0.00
TOTAL OPERATING EXPENSES 4,643,919,856.58 (1,833,044.18) 4,645,752,900.76 0.00 0.00
NET OPERATING INCOME 159,705,205.26 0.00 159,705,205.26 0.00 0.00
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,474,572,575.21 (917,313.57) 1,473,363,143.36 2,126,745.42 0.00
OTHER INCOME DEDUCTIONS (1,456,932,107.73) (79,038.43) (1,456,335,148.88) (517,920.42) 0.00
TAXES APPL TO OTHER INC &DED (7,910,564.32) 0.00 (7,298,091.32) (612,473.00) 0.00
NET OTHR INCOME AND DEDUCTIONS 9,729,903.16 (996,352.00) 9,729,903.16 996,352.00 0.00
INCOME BEFORE INTEREST CHARGES 169,435,108.42 (996,352.00) 169,435,108.42 996,352.00 0.00
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 78,243,676.69 0.00 78,243,676.69 0.00 0.00
INT SHORT TERM DEBT - AFFIL 13,087,648.48 0.00 13,087,648.48 0.00 0.00
INT SHORT TERM DEBT - NON-AFFL 23.38 0.00 23.38 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 1,010,810.42 0.00 1,010,810.42 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 1,444,883.47 0.00 1,444,883.47 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT (998.62) 0.00 (998.62) 0.00 0.00
OTHER INTEREST EXPENSE 1,474,442.40 0.00 1,474,442.40 0.00 0.00
TOTAL INTEREST CHARGES 95,260,486.22 0.00 95,260,486.22 0.00 0.00
AFUDC BORROWED FUNDS - CR (1,613,328.42) 0.00 (1,613,328.42) 0.00 0.00
NET INTEREST CHARGES 93,647,157.80 0.00 93,647,157.80 0.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 75,787,950.62 (996,352.00) 75,787,950.62 996,352.00 0.00
PREF STK DIVIDEND REQUIREMENT 4,621,138.02 0.00 4,621,138.02 0.00 0.00
NET INCOME - EARN FOR CMMN STK 71,166,812.60 (996,352.00) 71,166,812.60 996,352.00 0.00
OHIO POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------
OPCO OPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO
------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 6,262,401,987.00 (165,705,855.96) 6,269,297,984.96
PROVISION FOR RATE REFUND 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 6,262,401,987.00 (165,705,855.96) 6,269,297,984.96
OPERATING EXPENSES
OPERATIONS
FUEL 686,568,258.02 (2,275,619.04) 688,843,877.06
PURCHASED POWER 4,287,708,669.18 0.00 4,287,708,669.18
OTHER OPERATION 403,404,431.98 (125,755,213.51) 407,040,788.49
MAINTENANCE 142,877,773.43 (18,953,059.00) 142,877,773.43
TOTAL OPER/MAINT EXPENSES 5,520,559,132.61 (146,983,891.55) 5,526,471,108.16
DEPRECIATION AND AMORTIZATION 239,981,498.54 (12,141,971.00) 239,981,498.54
TAXES OTHER THAN INCOME TAXES 159,778,072.58 (7,752,267.00) 159,778,072.58
STATE, LOCAL, AND FOREIGN INCOME TAXES 21,703,276.00 0.00 19,403,276.00
FEDERAL INCOME TAXES 79,669,878.00 0.00 76,395,276.00
TOTAL OPERATING EXPENSES 6,021,691,857.73 (166,878,129.55) 6,022,029,231.28
NET OPERATING INCOME 240,710,129.27 1,172,273.59 247,268,753.68
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,880,294,276.52 (134,282,278.74) 2,004,020,106.26
OTHER INCOME DEDUCTIONS (1,863,471,770.37) 125,975,508.39 (1,987,489,533.76)
TAXES APPL TO OTHER INC &DED 1,863,766.57 0.00 (4,590,427.43)
NET OTHR INCOME AND DEDUCTIONS 18,686,272.72 (8,306,770.35) 11,940,145.07
INCOME BEFORE INTEREST CHARGES 259,396,401.99 (7,134,496.76) 259,208,898.75
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 81,857,616.08 0.00 81,669,527.08
INT SHORT TERM DEBT - AFFIL 14,630,373.27 (605.76) 14,630,979.03
INT SHORT TERM DEBT - NON-AFFL (2,390.81) 0.00 (2,390.81)
AMORT OF DEBT DISC, PREM & EXP 1,031,799.06 0.00 1,031,799.06
AMORT LOSS ON REACQUIRED DEBT 603,694.69 0.00 603,694.69
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00
OTHER INTEREST EXPENSE 3,170,992.66 0.00 3,170,972.66
TOTAL INTEREST CHARGES 101,292,084.95 (605.76) 101,104,581.71
AFUDC BORROWED FUNDS - CR (7,689,199.76) 0.00 (7,689,199.76)
NET INTEREST CHARGES 93,602,885.19 (605.76) 93,415,381.95
NET EXTRAORDINARY ITEMS (18,348,148.52) 0.00 (18,348,148.52)
NET INCOME BEFORE PREF DIV 147,445,368.28 (7,133,891.00) 147,445,368.28
PREF STK DIVIDEND REQUIREMENT 1,258,738.20 0.00 1,258,738.20
NET INCOME - EARN FOR CMMN STK 146,186,630.08 (7,133,891.00) 146,186,630.08
OHIO POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------
DESCRIPTION COCCO SOCCO WCCO
------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 11,428,178.00 142,213,264.00 5,168,416.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 11,428,178.00 142,213,264.00 5,168,416.00
OPERATING EXPENSES
OPERATIONS
FUEL 0.00 0.00 0.00
PURCHASED POWER 0.00 0.00 0.00
OTHER OPERATION 10,783,171.00 106,569,080.00 4,766,606.00
MAINTENANCE 2,049,165.00 14,722,534.00 2,181,360.00
TOTAL OPER/MAINT EXPENSES 12,832,336.00 121,291,614.00 6,947,966.00
DEPRECIATION AND AMORTIZATION 0.00 11,843,052.00 298,919.00
TAXES OTHER THAN INCOME TAXES 959,527.00 5,918,133.00 874,607.00
STATE, LOCAL, AND FOREIGN INCOME TAXES 0.00 (1,200,000.00) 3,500,000.00
FEDERAL INCOME TAXES 7,041,865.00 2,383,465.00 (6,150,728.00)
TOTAL OPERATING EXPENSES 20,833,728.00 140,236,264.00 5,470,764.00
NET OPERATING INCOME (9,405,550.00) 1,977,000.00 (302,348.00)
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 2,729,753.00 6,605,791.00 1,220,905.00
OTHER INCOME DEDUCTIONS (568,299.00) (1,229,818.00) (159,628.00)
TAXES APPL TO OTHER INC &DED 0.00 (245,806.00) 6,700,000.00
NET OTHR INCOME AND DEDUCTIONS 2,161,454.00 5,130,167.00 7,761,277.00
INCOME BEFORE INTEREST CHARGES (7,244,096.00) 7,107,167.00 7,458,929.00
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 0.00 188,089.00 0.00
INT SHORT TERM DEBT - AFFIL 0.00 0.00 0.00
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00
OTHER INTEREST EXPENSE 20.00 0.00 0.00
TOTAL INTEREST CHARGES 20.00 188,089.00 0.00
AFUDC BORROWED FUNDS - CR 0.00 0.00 0.00
NET INTEREST CHARGES 20.00 188,089.00 0.00
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV (7,244,116.00) 6,919,078.00 7,458,929.00
PREF STK DIVIDEND REQUIREMENT 0.00 0.00 0.00
NET INCOME - EARN FOR CMMN STK (7,244,116.00) 6,919,078.00 7,458,929.00
SOUTHWESTERN ELECTRIC POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF INCOME
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------------------------------
SWEPCO SWEPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS SWEPCO DOLETHILLS
----------------------------------------------------------------------------------------------------------------------------
OPERATING REVENUES
GROSS OPERATING REVENUES 2,574,448,380.82 (14,993,549.00) 2,552,176,061.82 37,265,868.00
PROVISION FOR RATE REFUND 0.00 0.00 0.00 0.00
TOTAL OPERATING REVENUES, NET 2,574,448,380.82 (14,993,549.00) 2,552,176,061.82 37,265,868.00
OPERATING EXPENSES
OPERATIONS
FUEL 457,613,167.41 (1,726,493.48) 459,339,660.89 0.00
PURCHASED POWER 1,504,626,984.66 0.00 1,504,626,984.66 0.00
OTHER OPERATION 173,830,874.25 (10,585,022.11) 157,953,344.81 26,462,551.55
MAINTENANCE 74,677,091.54 0.00 74,677,091.54 0.00
TOTAL OPER/MAINT EXPENSES 2,210,748,117.86 (12,311,515.59) 2,196,597,081.90 26,462,551.55
DEPRECIATION AND AMORTIZATION 119,543,430.19 (2,270,794.35) 116,137,238.83 5,676,985.71
TAXES OTHER THAN INCOME TAXES 55,834,341.57 (411,239.06) 55,217,483.69 1,028,096.94
STATE, LOCAL, AND FOREIGN INCOME TAXES 8,339,890.00 0.00 8,263,807.00 76,083.00
FEDERAL INCOME TAXES 33,775,849.00 0.00 32,896,880.00 878,969.00
TOTAL OPERATING EXPENSES 2,428,241,628.62 (14,993,549.00) 2,409,112,491.42 34,122,686.20
NET OPERATING INCOME 146,206,752.20 (0.00) 143,063,570.40 3,143,181.80
OTHER INCOME AND DEDUCTIONS
OTHER INCOME 1,283,478.92 (2,200,467.23) 3,453,328.71 30,617.44
OTHER INCOME DEDUCTIONS 0.00 0.00 0.00 0.00
TAXES APPL TO OTHER INC &DED (542,675.00) 0.00 (542,675.00) 0.00
NET OTHR INCOME AND DEDUCTIONS 740,803.92 (2,200,467.23) 2,910,653.71 30,617.44
INCOME BEFORE INTEREST CHARGES 146,947,556.12 (2,200,467.23) 145,974,224.11 3,173,799.24
INTEREST CHARGES
INTEREST ON LONG-TERM DEBT 41,400,800.62 (568,088.23) 41,400,800.62 568,088.23
INT SHORT TERM DEBT - AFFIL 3,369,802.68 0.00 2,396,470.67 973,332.01
INT SHORT TERM DEBT - NON-AFFL 0.00 0.00 0.00 0.00
AMORT OF DEBT DISC, PREM & EXP 0.00 0.00 0.00 0.00
AMORT LOSS ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
AMORT GAIN ON REACQUIRED DEBT 0.00 0.00 0.00 0.00
OTHER INTEREST EXPENSE 14,973,315.47 0.00 14,973,315.47 0.00
TOTAL INTEREST CHARGES 59,743,918.77 (568,088.23) 58,770,586.76 1,541,420.24
AFUDC BORROWED FUNDS - CR (2,162,948.63) 0.00 (2,162,948.63) 0.00
NET INTEREST CHARGES 57,580,970.14 (568,088.23) 56,607,638.13 1,541,420.24
NET EXTRAORDINARY ITEMS 0.00 0.00 0.00 0.00
NET INCOME BEFORE PREF DIV 89,366,585.98 (1,632,379.00) 89,366,585.98 1,632,379.00
PREF STK DIVIDEND REQUIREMENT 229,054.64 0.00 229,054.64 0.00
NET INCOME - EARN FOR CMMN STK 89,137,531.34 (1,632,379.00) 89,137,531.34 1,632,379.00
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
AEP AEP APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 17,621,780,867.37 31,888.92 0.00 2,093,531,758.74
TRANSMISSION 6,221,371,672.78 0.00 0.00 1,222,225,955.09
DISTRIBUTION 11,309,726,911.68 0.00 0.00 1,887,020,721.58
GENERAL 4,130,242,810.41 0.00 0.00 257,956,883.89
CONSTRUCTION WORK IN PROGRESS 1,101,936,302.80 0.00 0.00 203,921,729.88
TOTAL ELECTRIC UTILITY PLANT 40,385,058,565.04 31,888.92 0.00 5,664,657,049.18
LESS ACCUM PRV-DEPR,DEPL,AMORT (16,024,763,571.88) 0.00 0.00 (2,296,480,679.00)
NET ELECTRIC UTILITY PLANT 24,360,294,993.16 31,888.92 0.00 3,368,176,370.18
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 182,902,203.23 0.00 0.00 21,632,660.03
INVEST IN SUBSIDIARY & ASSOC 713,746,715.25 (8,624,618,358.62) 8,664,552,681.62 603,868.00
TOTAL OTHER INVESTMENTS 4,615,559,014.20 (984,632,728.65) 900,312,196.63 347,748,533.76
TOTAL OTHER SPECIAL FUNDS 932,708,473.72 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 6,444,916,406.40 (9,609,251,087.27) 9,564,864,878.25 369,985,061.79
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 332,238,148.98 0.00 79,265,221.18 13,662,995.31
ADVANCES TO AFFILIATES 5,719.30 (3,057,881,942.92) 2,785,941,201.59 11,409,952.97
ACCOUNTS RECEIVABLE-CUSTOMERS 587,804,543.76 244,622,199.19 0.00 113,370,816.88
ACCOUNTS RECEIVABLE - MISC 1,350,751,458.35 (9,445,392.51) 9,145,244.66 11,847,324.07
A/P FOR UNCOLLECTIBLE ACCOUNTS (70,315,493.29) 0.00 0.00 (1,876,921.82)
ACCOUNTS RECEIVABLE- ASSOC COS 13,715,582.84 (2,260,507,040.11) 338,688,647.69 63,367,887.52
FUEL 605,007,811.90 0.00 0.00 56,698,667.95
MATERIALS & SUPPLIES 461,151,309.61 (13,328,830.74) 0.00 59,849,039.02
ACCRUED UTILITY REVENUES 376,731,759.05 150,874,990.93 0.00 30,907,372.74
PREPAYMENTS 156,318,770.03 (473,959.55) 13,440,885.74 3,774,724.24
ENERGY TRADING CONTRACTS 8,573,145,666.04 (63,832,617.00) 0.00 566,283,611.93
OTHER CURRENT ASSETS 177,642,569.78 0.00 0.00 12,244,072.55
TOTAL CURRENT ASSETS 12,564,197,846.35 (5,009,972,592.71) 3,226,481,200.86 941,539,543.36
REGULATORY ASSETS
REGULATORY ASSETS 3,622,148,123.07 0.00 0.00 495,319,627.64
FAS109 DFIT RECLASS (A/C 254) (460,418,390.61) 4,970,498.00 (6,990,653.00) (36,497,329.00)
NET REGULATORY ASSETS 3,161,729,732.46 4,970,498.00 (6,990,653.00) 458,822,298.64
DEFERRED CHARGES
CLEARING ACCOUNTS (102,593,254.22) (3,048,922.08) 64,802.74 244,389.02
UNAMORTIZED DEBT EXPENSE 45,261,032.67 0.00 7,544,620.21 3,407,553.66
OTHER DEFERRED DEBITS 808,161,033.58 (87,125,154.56) 17,387,067.91 38,612,619.93
TOTAL DEFERRED CHARGES 750,828,812.03 (90,174,076.64) 24,996,490.86 42,264,562.61
TOTAL ASSETS 47,281,967,790.40 (14,704,395,369.70) 12,809,351,916.97 5,180,787,836.58
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
AEP AEP APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 2,153,027,480.50 (738,722,214.43) 2,153,027,480.50 260,457,768.00
PREMIUM ON CAPITAL STOCK 1,962,345,528.27 (263,733,919.06) 1,962,345,528.27 762,826.38
PAID-IN CAPITAL 817,060,323.60 (4,490,707,024.22) 820,358,003.60 714,683,741.99
RETAINED EARNINGS 3,296,122,080.50 (3,129,150,987.34) 3,296,122,054.43 150,796,650.14
COMMON SHAREHOLDERS' EQUITY 8,228,555,412.87 (8,622,314,145.05) 8,231,853,066.80 1,126,700,986.51
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 94,655,000.00 0.00 0.00 10,860,000.00
PS NOT SUBJ MANDATORY REDEMP 61,610,401.74 0.00 0.00 17,790,500.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 321,250,000.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 9,752,800,981.81 (901,100,000.00) 1,268,773,381.34 1,476,551,890.41
TOTAL CAPITALIZATION 18,458,871,796.42 (9,523,414,145.05) 9,500,626,448.14 2,631,903,376.92
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 219,225,305.17 (25,917,690.24) 0.00 33,928,399.29
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 1,114,992,529.11 0.00 0.00 50,175,477.93
TOTAL OTH NONCURRENT LIAB'S 1,334,217,834.28 (25,917,690.24) 0.00 84,103,877.22
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 2,300,477,416.28 (200,000,000.00) 0.00 80,006,878.49
SHORT-TERM DEBT 3,155,211,453.25 0.00 3,038,412,935.71 0.00
A/P - GENERAL 2,245,421,627.93 0.00 392,709.59 131,387,416.77
A/P- ASSOC. COS. 17,556,408.12 (1,773,101,945.93) 1,866,087.78 84,517,934.33
ADVANCES FROM AFFILIATES 0.00 (3,021,489,796.83) 246,902,450.18 303,226,866.67
CUSTOMER DEPOSITS 264,063,785.17 0.00 0.00 13,177,233.40
TAXES ACCRUED 651,880,568.66 (725,340.00) (503,373.00) 55,583,447.85
INTEREST ACCRUED 152,786,688.27 (13,608,185.34) 9,503,694.05 21,769,907.45
DIVIDENDS DECLARED 10,292,301.38 0.00 0.00 360,635.63
OBLIG UNDER CAP LEASES- CURR 74,511,876.51 0.00 0.00 12,356,725.75
ENERGY TRADING CONTRACTS 8,312,006,681.92 (64,265,123.00) 0.00 549,703,474.79
OTHR CURR & ACCRUED LIAB 916,133,167.50 (46,481.30) 17,090,832.32 62,580,858.74
TOTAL CURRENT LIABILITIES 18,100,341,974.99 (5,073,236,872.40) 3,313,665,336.63 1,314,671,379.87
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 6,070,656,196.66 (5,016,594.00) (1,771,726.00) 865,908,592.00
DFIT & DSIT RECLASS (A/C 190) (1,247,411,345.95) 6,778,234.00 (3,258,265.00) (162,333,905.00)
NET DEFERRED INCOME TAXES 4,823,244,850.71 1,761,640.00 (5,029,991.00) 703,574,687.00
DEF INVESTMENT TAX CREDITS 490,715,608.44 (9,230,754.00) 0.00 38,328,187.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 393,627,158.79 0.00 0.00 137,040,715.58
UNAMORT GAIN REACQUIRED DEBT 149,011.60 0.00 0.00 111,920.01
TOTAL REGULATORY LIABILITIES 393,776,170.39 0.00 0.00 137,152,635.59
DEFERRED CREDITS 3,680,799,555.17 (74,357,548.01) 90,123.20 271,053,692.98
TOTAL DEF CREDITS & REG LIAB'S 9,388,536,184.71 (81,826,662.01) (4,939,867.80) 1,150,109,202.57
TOTAL CAPITAL & LIABILITIES 47,281,967,790.40 (14,704,395,369.70) 12,809,351,916.97 5,180,787,836.58
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
CSPCO I&M
DESCRIPTION CONSOLIDATED CONSOLIDATED KEPCO KGPCO
------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 1,574,506,041.22 2,758,160,077.14 271,070,588.33 0.00
TRANSMISSION 401,404,522.72 957,336,718.30 374,115,983.35 14,930,598.87
DISTRIBUTION 1,159,105,019.48 900,920,965.86 402,537,075.58 77,560,972.60
GENERAL 146,732,305.14 233,004,797.39 65,058,968.58 5,063,820.92
CONSTRUCTION WORK IN PROGRESS 72,571,605.04 74,298,932.82 15,632,677.57 746,709.86
TOTAL ELECTRIC UTILITY PLANT 3,354,319,493.60 4,923,721,491.51 1,128,415,293.41 98,302,102.25
LESS ACCUM PRV-DEPR,DEPL,AMORT (1,377,031,924.03) (2,436,972,552.67) (384,104,202.34) (35,175,081.38)
NET ELECTRIC UTILITY PLANT 1,977,287,569.57 2,486,748,938.84 744,311,091.07 63,127,020.87
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 29,291,848.32 77,294,414.72 5,522,227.31 21,034.53
INVEST IN SUBSIDIARY & ASSOC 430,000.00 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 204,562,051.16 266,227,227.07 78,942,083.32 258,355.00
TOTAL OTHER SPECIAL FUNDS 0.00 834,108,675.61 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 234,283,899.48 1,177,630,317.40 84,464,310.63 279,389.53
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 12,357,347.14 16,804,249.36 1,946,366.70 472,052.59
ADVANCES TO AFFILIATES 1,272,513.37 46,309,293.04 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 41,769,951.78 60,863,606.27 20,035,539.39 605,704.06
ACCOUNTS RECEIVABLE - MISC 16,968,297.34 25,398,062.33 3,332,892.62 270,647.71
A/P FOR UNCOLLECTIBLE ACCOUNTS (745,119.51) (740,902.53) (263,620.18) (2,937.00)
ACCOUNTS RECEIVABLE- ASSOC COS 63,469,678.54 31,907,757.55 16,012,469.52 1,866,876.54
FUEL 20,018,628.14 28,988,624.81 12,059,829.82 0.00
MATERIALS & SUPPLIES 38,984,591.25 91,440,326.76 15,765,586.27 194,890.03
ACCRUED UTILITY REVENUES 7,086,677.45 2,071,505.45 5,394,660.43 0.00
PREPAYMENTS 1,410,869.98 4,480,242.29 601,612.21 1,129,364.50
ENERGY TRADING CONTRACTS 347,197,900.62 399,195,694.12 139,605,220.99 0.00
OTHER CURRENT ASSETS 27,323,653.96 2,016,708.00 713,301.84 735,359.99
TOTAL CURRENT ASSETS 577,114,990.06 708,735,167.45 215,203,859.61 5,271,958.42
REGULATORY ASSETS
REGULATORY ASSETS 277,935,220.88 498,607,390.04 108,236,585.50 4,913,971.42
FAS109 DFIT RECLASS (A/C 254) (15,668,035.00) (89,680,290.00) (10,543,941.00) (443,015.00)
NET REGULATORY ASSETS 262,267,185.88 408,927,100.04 97,692,644.50 4,470,956.42
DEFERRED CHARGES
CLEARING ACCOUNTS 61,430.13 282,926.05 130,945.52 1,707.93
UNAMORTIZED DEBT EXPENSE 2,023,601.68 4,229,507.30 289,007.25 69,444.42
OTHER DEFERRED DEBITS 54,102,078.35 30,454,412.45 11,151,619.05 196,641.58
TOTAL DEFERRED CHARGES 56,187,110.16 34,966,845.80 11,571,571.82 267,793.93
TOTAL ASSETS 3,107,140,755.15 4,817,008,369.53 1,153,243,477.63 73,417,119.17
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
CSPCO I&M
DESCRIPTION CONSOLIDATED CONSOLIDATED KEPCO KGPCO
------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 41,026,065.00 56,583,866.43 50,450,000.00 4,100,000.00
PREMIUM ON CAPITAL STOCK 257,892,417.78 4,319,844.45 0.00 0.00
PAID-IN CAPITAL 316,476,557.07 725,060,923.27 156,846,734.00 13,800,000.00
RETAINED EARNINGS 176,102,772.91 74,605,269.60 48,833,324.41 5,881,581.13
COMMON SHAREHOLDERS' EQUITY 791,497,812.76 860,569,903.75 256,130,058.41 23,781,581.13
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 10,000,000.00 64,945,000.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 8,735,700.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 571,347,775.29 1,312,082,023.77 251,092,947.04 20,000,000.00
TOTAL CAPITALIZATION 1,372,845,588.05 2,246,332,627.52 507,223,005.45 43,781,581.13
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 27,052,195.42 51,092,776.15 6,742,318.80 827,186.47
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 9,662,329.98 636,176,049.20 5,187,110.06 1,068,929.83
TOTAL OTH NONCURRENT LIAB'S 36,714,525.40 687,268,825.35 11,929,428.86 1,896,116.30
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 220,500,000.00 340,000,000.00 95,000,000.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 62,393,378.49 90,816,742.25 24,049,858.03 220,851.67
A/P- ASSOC. COS. 83,697,206.85 43,955,995.19 22,556,730.74 6,745,279.68
ADVANCES FROM AFFILIATES 182,656,601.44 0.00 66,199,838.61 5,915,448.90
CUSTOMER DEPOSITS 5,883,721.03 9,269,682.96 4,460,837.80 833,503.15
TAXES ACCRUED 116,363,845.67 69,760,947.77 10,304,695.37 1,425,651.70
INTEREST ACCRUED 10,906,842.80 20,691,492.22 5,268,754.11 794,979.04
DIVIDENDS DECLARED 175,000.00 1,121,706.65 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 7,835,242.22 10,839,953.41 2,840,582.22 305,441.52
ENERGY TRADING CONTRACTS 334,957,549.76 383,713,700.51 144,363,593.92 0.00
OTHR CURR & ACCRUED LIAB 20,706,143.01 62,043,990.93 9,456,363.12 1,148,369.27
TOTAL CURRENT LIABILITIES 1,046,075,531.27 1,032,214,211.89 384,501,253.92 17,389,524.93
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 518,488,718.00 732,755,493.00 199,230,845.00 11,973,908.00
DFIT & DSIT RECLASS (A/C 190) (74,767,049.00) (332,224,617.00) (30,926,475.00) (2,510,849.00)
NET DEFERRED INCOME TAXES 443,721,669.00 400,530,876.00 168,304,370.00 9,463,059.00
DEF INVESTMENT TAX CREDITS 37,176,416.00 105,448,564.00 10,404,620.00 714,608.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 30,975.81 52,441,653.02 6,551,333.72 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 37,091.59 0.00 0.00
TOTAL REGULATORY LIABILITIES 30,975.81 52,478,744.61 6,551,333.72 0.00
DEFERRED CREDITS 170,576,049.62 292,734,520.16 64,329,465.68 172,229.81
TOTAL DEF CREDITS & REG LIAB'S 651,505,110.43 851,192,704.77 249,589,789.40 10,349,896.81
TOTAL CAPITAL & LIABILITIES 3,107,140,755.15 4,817,008,369.53 1,153,243,477.63 73,417,119.17
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
OPCO
DESCRIPTION CONSOLIDATED WPCO AEGCO AEPSC
------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 3,007,865,531.86 0.00 638,296,963.88 0.00
TRANSMISSION 891,282,831.60 23,675,265.12 0.00 432.17
DISTRIBUTION 1,081,121,781.57 73,053,615.84 0.00 0.00
GENERAL 245,232,016.42 6,347,666.69 3,011,641.67 359,888,698.78
CONSTRUCTION WORK IN PROGRESS 165,073,508.50 1,158,430.10 6,945,554.19 128,566,364.58
TOTAL ELECTRIC UTILITY PLANT 5,390,575,669.95 104,234,977.75 648,254,159.74 488,455,495.53
LESS ACCUM PRV-DEPR,DEPL,AMORT (2,452,570,932.97) (44,108,164.81) (337,151,277.94) (185,527,881.91)
NET ELECTRIC UTILITY PLANT 2,938,004,736.98 60,126,812.94 311,102,881.80 302,927,613.62
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 32,122,175.14 1,957,971.36 119,589.14 0.00
INVEST IN SUBSIDIARY & ASSOC 686,552.00 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 293,228,062.38 57,991.52 0.00 101,412,743.78
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 326,036,789.52 2,015,962.88 119,589.14 101,412,743.78
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 8,847,678.14 302,626.60 983,219.93 2,714,972.91
ADVANCES TO AFFILIATES 0.00 0.00 0.00 22,381,766.37
ACCOUNTS RECEIVABLE-CUSTOMERS 84,694,284.42 5,167,796.37 0.00 236,632.86
ACCOUNTS RECEIVABLE - MISC 20,409,148.76 62,330.69 147,442.16 13,040,038.99
A/P FOR UNCOLLECTIBLE ACCOUNTS (1,379,086.90) (64,128.48) 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 148,563,112.67 744,062.12 22,343,784.04 194,051,703.48
FUEL 84,723,564.97 0.00 15,243,126.91 149.99
MATERIALS & SUPPLIES 88,768,076.70 97,493.98 4,479,874.06 0.00
ACCRUED UTILITY REVENUES 0.00 2,115,659.00 0.00 0.00
PREPAYMENTS 3,598,099.40 168,654.09 243,857.37 3,562,373.77
ENERGY TRADING CONTRACTS 472,245,684.18 0.00 0.00 0.00
OTHER CURRENT ASSETS 17,267,199.00 1,416,648.20 0.00 38,500,295.47
TOTAL CURRENT ASSETS 927,737,761.34 10,011,142.57 43,441,304.47 274,487,933.84
REGULATORY ASSETS
REGULATORY ASSETS 669,837,808.90 22,261,475.76 25,548,067.84 3,474,241.19
FAS109 DFIT RECLASS (A/C 254) (25,212,606.61) (342,114.00) (43,065,407.00) (12,953,498.00)
NET REGULATORY ASSETS 644,625,202.29 21,919,361.76 (17,517,339.16) (9,479,256.81)
DEFERRED CHARGES
CLEARING ACCOUNTS 73,997.75 6,726.09 (586.88) 717,913.88
UNAMORTIZED DEBT EXPENSE 3,771,249.38 69,444.42 483,535.39 1,197,282.81
OTHER DEFERRED DEBITS 75,817,061.68 1,603,755.35 987,273.42 1,272,777.90
TOTAL DEFERRED CHARGES 79,662,308.81 1,679,925.86 1,470,221.93 3,187,974.59
TOTAL ASSETS 4,916,066,798.94 95,753,206.01 338,616,658.18 672,537,009.02
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
OPCO
DESCRIPTION CONSOLIDATED WPCO AEGCO AEPSC
------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 321,201,454.00 2,428,460.00 1,000,000.00 1,350,000.00
PREMIUM ON CAPITAL STOCK 729,130.45 0.00 0.00 0.00
PAID-IN CAPITAL 461,556,623.78 15,595,573.00 23,434,000.00 (9,922,903.00)
RETAINED EARNINGS 401,297,351.38 9,813,599.40 13,761,108.71 0.00
COMMON SHAREHOLDERS' EQUITY 1,184,784,559.61 27,837,632.40 38,195,108.71 (8,572,903.00)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 8,850,000.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 16,647,700.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 1,203,841,523.53 20,000,000.00 44,793,340.08 55,100,000.00
TOTAL CAPITALIZATION 2,414,123,783.14 47,837,632.40 82,988,448.79 46,527,097.00
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 64,260,714.08 2,568,152.45 75,591.97 32,211,982.06
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 66,125,597.98 3,001,620.04 0.00 103,424,818.46
TOTAL OTH NONCURRENT LIAB'S 130,386,312.06 5,569,772.49 75,591.97 135,636,800.52
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 2,000,000.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 134,418,106.91 288,221.78 7,582,222.59 41,710,150.73
A/P- ASSOC. COS. 176,519,600.54 8,786,706.68 1,654,464.90 85,995,040.62
ADVANCES FROM AFFILIATES 300,212,874.81 5,569,610.80 32,049,050.59 0.00
CUSTOMER DEPOSITS 5,452,031.21 289,669.66 0.00 0.00
TAXES ACCRUED 126,770,255.04 2,516,954.89 4,776,817.29 22,485,306.09
INTEREST ACCRUED 17,679,214.45 589,446.25 938,597.13 2,841,566.60
DIVIDENDS DECLARED 0.00 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 16,405,200.08 675,796.32 235,890.60 22,326,394.38
ENERGY TRADING CONTRACTS 456,046,702.21 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 87,070,016.97 1,151,485.51 7,268,679.32 401,966,690.30
TOTAL CURRENT LIABILITIES 1,320,574,002.22 19,867,891.89 54,505,722.42 579,325,148.72
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 933,827,065.51 22,302,564.00 103,831,372.00 86,687,496.96
DFIT & DSIT RECLASS (A/C 190) (135,938,491.00) (5,708,805.00) (75,855,920.00) (185,585,833.00)
NET DEFERRED INCOME TAXES 797,888,574.51 16,593,759.00 27,975,452.00 (98,898,336.04)
DEF INVESTMENT TAX CREDITS 21,925,356.00 413,208.00 56,304,117.00 851,086.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 1,236,941.00 5,399,379.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 1,236,941.00 5,399,379.00 0.00 0.00
DEFERRED CREDITS 229,931,830.01 71,563.23 116,767,326.00 9,095,212.82
TOTAL DEF CREDITS & REG LIAB'S 1,050,982,701.52 22,477,909.23 201,046,895.00 (88,952,037.22)
TOTAL CAPITAL & LIABILITIES 4,916,066,798.94 95,753,206.01 338,616,658.18 672,537,009.02
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
DESCRIPTION CCCO FRECO IFRI AEPPM
------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00 0.00
GENERAL 0.00 0.00 0.00 0.00
CONSTRUCTION WORK IN PROGRESS 0.00 0.00 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 0.00 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 0.00 0.00
NET ELECTRIC UTILITY PLANT 0.00 0.00 0.00 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 700,846.00 0.00 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 0.00 1,000.00 0.00 0.00
TOTAL OTHER INVESTMENTS 0.00 11.00 11.00 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 700,846.00 1,011.00 11.00 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 20,945.60 662,204.68 120,138.87 0.00
ADVANCES TO AFFILIATES 293,082.06 304,257.35 19,455.39 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 3,967.22 412.42 0.00 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 6,244.95 (112,974.62) 111,005.10 100.00
FUEL 0.00 0.00 0.00 0.00
MATERIALS & SUPPLIES 0.00 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00 0.00
PREPAYMENTS 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00
OTHER CURRENT ASSETS 3,979.00 0.00 0.00 0.00
TOTAL CURRENT ASSETS 328,218.83 853,899.83 250,599.36 100.00
REGULATORY ASSETS
REGULATORY ASSETS 0.00 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) (66,000.00) 0.00 0.00 0.00
NET REGULATORY ASSETS (66,000.00) 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 0.00 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 0.00
OTHER DEFERRED DEBITS 0.00 6,734.40 410.92 0.00
TOTAL DEFERRED CHARGES 0.00 6,734.40 410.92 0.00
TOTAL ASSETS 963,064.83 861,645.23 251,021.28 100.00
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
DESCRIPTION CCCO FRECO IFRI AEPPM
------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 3,000.00 10,000.00 1,000.00 100.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 1,204,736.00 0.00 0.00 0.00
RETAINED EARNINGS 0.00 19,968.85 0.00 (373.34)
COMMON SHAREHOLDERS' EQUITY 1,207,736.00 29,968.85 1,000.00 (273.34)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 0.00
TOTAL CAPITALIZATION 1,207,736.00 29,968.85 1,000.00 (273.34)
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 295,160.00 0.00 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 295,160.00 0.00 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 0.00 0.00 0.00 0.00
A/P- ASSOC. COS. 2,620.47 101,352.89 108,108.55 575.34
ADVANCES FROM AFFILIATES 0.00 0.00 0.00 0.00
CUSTOMER DEPOSITS 0.00 0.00 0.00 0.00
TAXES ACCRUED (13,380.42) (28.35) 0.00 (119.00)
INTEREST ACCRUED 0.00 0.00 91.74 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 6,920.78 728,654.20 141,806.99 0.00
TOTAL CURRENT LIABILITIES (3,839.17) 829,978.74 250,007.28 456.34
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 23,830.00 0.00 0.00 0.00
DFIT & DSIT RECLASS (A/C 190) (559,822.00) 0.00 0.00 (83.00)
NET DEFERRED INCOME TAXES (535,992.00) 0.00 0.00 (83.00)
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 0.00
DEFERRED CREDITS 0.00 1,697.64 14.00 0.00
TOTAL DEF CREDITS & REG LIAB'S (535,992.00) 1,697.64 14.00 (83.00)
TOTAL CAPITAL & LIABILITIES 963,064.83 861,645.23 251,021.28 100.00
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
AEPINV AEPR
DESCRIPTION AEPES CONSOLIDATED CONSOLIDATED AEPPRO
------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 1,201,321,698.03 0.00
TRANSMISSION 0.00 0.00 456,862,837.34 0.00
DISTRIBUTION 0.00 0.00 352,392,017.24 0.00
GENERAL 2,444,961.80 0.00 446,308,352.46 157,280.93
CONSTRUCTION WORK IN PROGRESS 13,131,096.06 302,734.00 20,995,579.04 0.00
TOTAL ELECTRIC UTILITY PLANT 15,576,057.86 302,734.00 2,477,880,484.11 157,280.93
LESS ACCUM PRV-DEPR,DEPL,AMORT (2,185,238.05) 0.00 (105,037,036.25) (54,510.60)
NET ELECTRIC UTILITY PLANT 13,390,819.81 302,734.00 2,372,843,447.86 102,770.33
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 0.00 2,364,000.00 0.00
INVEST IN SUBSIDIARY & ASSOC 6,540,881.36 1,237,286.64 112,756,369.74 0.00
TOTAL OTHER INVESTMENTS 956,419,696.61 16,086,706.49 1,057,929,425.29 5,000,000.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 962,960,577.97 17,323,993.13 1,173,049,795.03 5,000,000.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 910,000.49 0.00 60,969,675.88 332,360.59
ADVANCES TO AFFILIATES 65,950,065.72 0.00 6,383,022.91 57,968,341.71
ACCOUNTS RECEIVABLE-CUSTOMERS 331.96 0.00 48,232,446.85 0.00
ACCOUNTS RECEIVABLE - MISC 805,090,658.53 0.00 176,684,283.41 8,123,709.96
A/P FOR UNCOLLECTIBLE ACCOUNTS (207.34) 0.00 (45,046,023.69) (959,027.23)
ACCOUNTS RECEIVABLE- ASSOC COS 585,887,034.50 224,956.17 368,706,407.44 7,595,725.77
FUEL 113,647,392.22 0.00 147,293,838.97 0.00
MATERIALS & SUPPLIES 0.00 0.00 7,108,794.24 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 102,096,893.05 0.00
PREPAYMENTS (791,913.46) 8,359.00 78,144,014.12 263,937.95
ENERGY TRADING CONTRACTS 5,865,337,604.20 0.00 222,522,378.52 0.00
OTHER CURRENT ASSETS 64,826,770.98 0.00 9,529,019.17 0.00
TOTAL CURRENT ASSETS 7,500,857,737.80 233,315.17 1,182,624,750.87 73,325,048.75
REGULATORY ASSETS
REGULATORY ASSETS 0.00 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 0.00 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS (2,823,106.26) 0.00 19,897,152.68 398,137.21
UNAMORTIZED DEBT EXPENSE 0.00 0.00 18,114,738.18 0.00
OTHER DEFERRED DEBITS 2,425,813.36 0.00 77,982,202.41 101,333,001.39
TOTAL DEFERRED CHARGES (397,292.90) 0.00 115,994,093.27 101,731,138.60
TOTAL ASSETS 8,476,811,842.68 17,860,042.30 4,844,512,087.03 180,158,957.68
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
AEPINV AEPR
DESCRIPTION AEPES CONSOLIDATED CONSOLIDATED AEPPRO
------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 200.00 100.00 100.00 110,000.00
PREMIUM ON CAPITAL STOCK 0.00 9,900.00 9,900.00 0.00
PAID-IN CAPITAL 36,685,774.77 29,222,509.98 246,438,157.08 3,890,000.00
RETAINED EARNINGS 41,786,520.57 (9,873,548.06) (95,579,409.53) (4,799,653.66)
COMMON SHAREHOLDERS' EQUITY 78,472,495.34 19,358,961.92 150,868,747.55 (799,653.66)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 1,236,188,752.29 0.00
TOTAL CAPITALIZATION 78,472,495.34 19,358,961.92 1,387,057,499.84 (799,653.66)
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 86,380.23 0.00 358,905.01 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 1,548,677.58 0.00 66,159,810.44 73,928.67
TOTAL OTH NONCURRENT LIAB'S 1,635,057.81 0.00 66,518,715.45 73,928.67
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 889,252,509.79 0.00
SHORT-TERM DEBT 0.00 0.00 40,500.00 0.00
A/P - GENERAL 875,098,740.59 0.00 244,404,134.67 4,907,764.87
A/P- ASSOC. COS. 687,213,450.04 495,083.42 345,613,465.90 18,069,133.56
ADVANCES FROM AFFILIATES 0.00 3,877,433.69 504,048,958.76 0.00
CUSTOMER DEPOSITS 80,174,925.00 0.00 205,221.22 0.00
TAXES ACCRUED 16,018,187.49 (281,807.00) 48,251,841.93 245,689.18
INTEREST ACCRUED 0.01 11,138.41 10,126,349.82 0.00
DIVIDENDS DECLARED 0.00 0.00 8,458,238.57 0.00
OBLIG UNDER CAP LEASES- CURR 398,211.76 0.00 189,868.20 0.00
ENERGY TRADING CONTRACTS 5,662,034,055.02 0.00 200,577,626.17 0.00
OTHR CURR & ACCRUED LIAB 15,130,904.01 1,679.86 71,380,202.36 4,833,424.67
TOTAL CURRENT LIABILITIES 7,336,068,473.92 4,103,528.38 2,322,548,917.39 28,056,012.28
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 145,958,783.00 (631,294.00) 153,120,145.62 9,874.00
DFIT & DSIT RECLASS (A/C 190) (104,796,159.00) (4,971,154.00) (103,967,493.33) (1,476,008.00)
NET DEFERRED INCOME TAXES 41,162,624.00 (5,602,448.00) 49,152,652.29 (1,466,134.00)
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 0.00
DEFERRED CREDITS 1,019,473,191.61 0.00 1,019,234,302.06 154,294,804.39
TOTAL DEF CREDITS & REG LIAB'S 1,060,635,815.61 (5,602,448.00) 1,068,386,954.35 152,828,670.39
TOTAL CAPITAL & LIABILITIES 8,476,811,842.68 17,860,042.30 4,844,512,087.03 180,158,957.68
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
AEPC CSW AEP C&I
DESCRIPTION CONSOLIDATED CONSOLIDATED AEPRELLC CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 6,076,996,319.25 0.00 0.00
TRANSMISSION 0.00 1,879,536,528.22 0.00 0.00
DISTRIBUTION 0.00 5,376,014,741.93 0.00 0.00
GENERAL 77,463,894.44 2,002,462,646.30 0.00 130,500.00
CONSTRUCTION WORK IN PROGRESS 21,732,372.71 373,561,314.81 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 99,196,267.15 15,708,571,550.51 0.00 130,500.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (6,235,351.91) (6,359,488,432.25) 0.00 (20,371.89)
NET ELECTRIC UTILITY PLANT 92,960,915.24 9,349,083,118.26 0.00 110,128.11
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 11,875,436.68 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 76,558,621.72 460,232,323.47 0.00 14,765,489.32
TOTAL OTHER INVESTMENTS 2,725,642.00 1,371,807,676.84 0.00 (2,526,671.00)
TOTAL OTHER SPECIAL FUNDS 0.00 98,599,798.11 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 79,284,263.72 1,942,515,235.10 0.00 12,238,818.32
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 95,691.15 122,760,697.28 85.88 45,200.00
ADVANCES TO AFFILIATES 53,315,077.20 6,242,085.20 0.00 97,547.34
ACCOUNTS RECEIVABLE-CUSTOMERS (29.71) (31,794,736.56) 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 5,795,458.52 236,447,003.17 129,139.91 215.81
A/P FOR UNCOLLECTIBLE ACCOUNTS (1,348,523.13) (17,888,995.48) 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 2,079,828.04 428,273,589.53 1,171.58 116,199.53
FUEL 0.00 120,768,370.54 0.00 0.00
MATERIALS & SUPPLIES 1,224,446.97 164,047,790.58 0.00 2,519,230.49
ACCRUED UTILITY REVENUES 0.00 76,184,000.00 0.00 0.00
PREPAYMENTS 85,764.52 46,445,007.95 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 624,590,188.48 0.00 0.00
OTHER CURRENT ASSETS 431,917.06 1,707,683.00 0.00 0.00
TOTAL CURRENT ASSETS 61,679,630.62 1,777,782,683.69 130,397.37 2,778,393.17
REGULATORY ASSETS
REGULATORY ASSETS 0.00 1,516,013,733.90 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 (223,926,000.00) 0.00 0.00
NET REGULATORY ASSETS 0.00 1,292,087,733.90 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS (58,040.94) (118,762,823.63) (0.01) 33.70
UNAMORTIZED DEBT EXPENSE 1,288,623.19 2,772,424.78 0.00 0.00
OTHER DEFERRED DEBITS 10,304,842.82 462,792,617.65 (0.13) 0.03
TOTAL DEFERRED CHARGES 11,535,425.07 346,802,218.80 (0.14) 33.73
TOTAL ASSETS 245,460,234.65 14,708,270,989.75 130,397.23 15,127,373.33
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
AEPC CSW AEP C&I
DESCRIPTION CONSOLIDATED CONSOLIDATED AEPRELLC CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 100.00 1.00 0.00 0.00
PREMIUM ON CAPITAL STOCK 9,900.00 0.00 0.00 0.00
PAID-IN CAPITAL 28,290,000.00 1,724,146,916.28 0.00 0.00
RETAINED EARNINGS (75,226,305.13) 2,402,749,873.50 (224,206.86) (3,267,095.65)
COMMON SHAREHOLDERS' EQUITY (46,926,305.13) 4,126,896,790.78 (224,206.86) (3,267,095.65)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 18,436,501.74 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 321,250,000.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 125,196,000.03 3,050,933,348.03 0.00 0.00
TOTAL CAPITALIZATION 78,269,694.90 7,517,516,640.55 (224,206.86) (3,267,095.65)
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 25,938,393.48 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 372,310.87 145,919,685.60 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 26,310,704.35 145,919,685.60 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 873,718,028.00 0.00 0.00
SHORT-TERM DEBT 50,000,000.00 63,676,839.00 0.00 0.00
A/P - GENERAL 1,241,502.58 620,931,734.78 38,802.45 895.06
A/P- ASSOC. COS. 3,214,142.74 119,112,227.37 8,507.52 232,419.82
ADVANCES FROM AFFILIATES 51,982,441.31 1,136,240,443.99 466,140.48 18,175,801.78
CUSTOMER DEPOSITS 0.00 144,316,959.74 0.00 0.00
TAXES ACCRUED 5,315,350.18 182,710,243.06 (121,440.00) (216,935.00)
INTEREST ACCRUED 160,117.34 64,759,214.28 610.70 54,294.59
DIVIDENDS DECLARED 0.00 176,720.53 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 126,558.19 (23,988.14) 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 644,875,102.54 0.00 0.00
OTHR CURR & ACCRUED LIAB 2,674,879.53 130,146,977.87 (9,681.06) 181,202.82
TOTAL CURRENT LIABILITIES 114,714,991.87 3,980,640,503.02 382,940.09 18,427,679.07
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 3,734,956.00 2,289,232,167.57 0.00 0.00
DFIT & DSIT RECLASS (A/C 190) (11,637,528.00) (17,641,242.62) (28,336.00) 0.00
NET DEFERRED INCOME TAXES (7,902,572.00) 2,271,590,924.95 (28,336.00) 0.00
DEF INVESTMENT TAX CREDITS 0.00 228,380,200.44 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 190,926,160.66 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 190,926,160.66 0.00 0.00
DEFERRED CREDITS 34,067,415.53 373,296,874.53 0.00 (33,210.09)
TOTAL DEF CREDITS & REG LIAB'S 26,164,843.53 3,064,194,160.58 (28,336.00) (33,210.09)
TOTAL CAPITAL & LIABILITIES 245,460,234.65 14,708,270,989.75 130,397.23 15,127,373.33
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------------------
MESA LP MUTUALENER
DESCRIPTION AEP T&D SVC AEPTEXASGP AEPCOAL CONSOLIDATED CONSOLIDATED
-----------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00 0.00 0.00
GENERAL 0.00 0.00 103,978,375.00 175,000,000.00 0.00
CONSTRUCTION WORK IN PROGRESS 0.00 0.00 0.00 0.00 3,297,693.64
TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 103,978,375.00 175,000,000.00 3,297,693.64
LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 (2,619,933.88) 0.00 0.00
NET ELECTRIC UTILITY PLANT 0.00 0.00 101,358,441.12 175,000,000.00 3,297,693.64
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 0.00 0.00 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 0.00 0.00 0.00 0.00 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 0.00 0.00 8,964,418.70 0.00 0.00
ADVANCES TO AFFILIATES 0.00 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 303,938.93 0.00 26,037,554.07 0.00 959,079.58
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 1,337.02 1,000.00 203,921.76 0.00 111,096.51
FUEL 0.00 0.00 5,158,343.56 0.00 407,274.02
MATERIALS & SUPPLIES 0.00 0.00 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00 0.00 0.00
PREPAYMENTS 0.00 0.00 226,875.91 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00 0.00
OTHER CURRENT ASSETS 0.00 0.00 925,961.56 0.00 0.00
TOTAL CURRENT ASSETS 305,275.95 1,000.00 41,517,075.56 0.00 1,477,450.11
REGULATORY ASSETS
REGULATORY ASSETS 0.00 0.00 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 0.00 0.00 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 220,062.88 0.00 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 0.00 0.00
OTHER DEFERRED DEBITS 0.00 0.00 2,163,986.97 0.00 6,691,270.70
TOTAL DEFERRED CHARGES 220,062.88 0.00 2,163,986.97 0.00 6,691,270.70
TOTAL ASSETS 525,338.83 1,000.00 145,039,503.65 175,000,000.00 11,466,414.45
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------------------
MESA LP MUTUALENER
DESCRIPTION AEP T&D SVC AEPTEXASGP AEPCOAL CONSOLIDATED CONSOLIDATED
-----------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 0.00 0.00 0.00 0.00 0.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 0.00 0.00 0.00 0.00 0.00
RETAINED EARNINGS (76,815.33) (1,855.40) 634,548.00 0.00 (8,082,292.23)
COMMON SHAREHOLDERS' EQUITY (76,815.33) (1,855.40) 634,548.00 0.00 (8,082,292.23)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00 18,000,000.00 0.00
TOTAL CAPITALIZATION (76,815.33) (1,855.40) 634,548.00 18,000,000.00 (8,082,292.23)
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 0.00 0.00 25,801,022.47 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 0.00 0.00 25,801,022.47 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 3,081,178.54 0.00 0.00
A/P - GENERAL 2,265.39 0.00 5,536,128.73 0.00 0.00
A/P- ASSOC. COS. 66,278.85 2,953.40 93,802,013.96 0.00 6,320,972.91
ADVANCES FROM AFFILIATES 217,583.96 0.00 0.00 147,854,987.18 15,893,263.68
CUSTOMER DEPOSITS 0.00 0.00 0.00 0.00 0.00
TAXES ACCRUED 134,470.14 (98.00) 4,617,234.78 (10,990,000.00) (2,547,849.00)
INTEREST ACCRUED 1,021.76 0.00 291,366.78 0.00 6,174.08
DIVIDENDS DECLARED 0.00 0.00 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 182,079.06 0.00 11,276,010.39 9,145,012.82 (123,854.99)
TOTAL CURRENT LIABILITIES 603,699.16 2,855.40 118,603,933.18 146,010,000.00 19,548,706.68
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 0.00 0.00 0.00 10,990,000.00 0.00
DFIT & DSIT RECLASS (A/C 190) (1,545.00) 0.00 0.00 0.00 0.00
NET DEFERRED INCOME TAXES (1,545.00) 0.00 0.00 10,990,000.00 0.00
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 0.00 0.00
DEFERRED CREDITS 0.00 0.00 0.00 0.00 0.00
TOTAL DEF CREDITS & REG LIAB'S (1,545.00) 0.00 0.00 10,990,000.00 0.00
TOTAL CAPITAL & LIABILITIES 525,338.83 1,000.00 145,039,503.65 175,000,000.00 11,466,414.45
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSW CSW
DESCRIPTION CONSOLIDATED ELIMINATIONS CSW CPL
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 6,076,996,319.25 0.00 0.00 3,169,421,304.82
TRANSMISSION 1,879,536,528.22 0.00 0.00 663,654,688.62
DISTRIBUTION 5,376,014,741.93 0.00 0.00 1,279,037,886.33
GENERAL 2,002,462,646.30 0.00 0.00 488,518,471.13
CONSTRUCTION WORK IN PROGRESS 373,561,314.81 0.00 0.00 169,074,812.08
TOTAL ELECTRIC UTILITY PLANT 15,708,571,550.51 0.00 0.00 5,769,707,162.98
LESS ACCUM PRV-DEPR,DEPL,AMORT (6,359,488,432.25) 0.00 0.00 (2,347,427,657.04)
NET ELECTRIC UTILITY PLANT 9,349,083,118.26 0.00 0.00 3,422,279,505.94
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 11,875,436.68 0.00 0.00 2,315,319.36
INVEST IN SUBSIDIARY & ASSOC 460,232,323.47 (4,884,204,026.58) 4,168,172,506.58 2,000.00
TOTAL OTHER INVESTMENTS 1,371,807,676.84 (2,250,884.14) 29,598,106.34 72,855,936.70
TOTAL OTHER SPECIAL FUNDS 98,599,798.11 0.00 0.00 98,599,798.11
TOTAL OTHER PROP AND INVSTMNTS 1,942,515,235.10 (4,886,454,910.72) 4,197,770,612.92 173,773,054.17
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 122,760,697.28 0.00 0.00 10,909,717.25
ADVANCES TO AFFILIATES 6,242,085.20 0.00 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS (31,794,736.56) 200,778,442.14 0.00 38,272,766.42
ACCOUNTS RECEIVABLE - MISC 236,447,003.17 0.00 948,483.90 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS (17,888,995.48) 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 428,273,589.53 (476,148,263.21) 24,208,250.92 6,249,279.98
FUEL 120,768,370.54 0.00 0.00 38,689,642.74
MATERIALS & SUPPLIES 164,047,790.58 0.00 0.00 55,474,693.61
ACCRUED UTILITY REVENUES 76,184,000.00 0.00 0.00 46,869,000.00
PREPAYMENTS 46,445,007.95 0.00 (581,786.91) 2,443,368.14
ENERGY TRADING CONTRACTS 624,590,188.48 0.00 0.00 212,979,008.00
OTHER CURRENT ASSETS 1,707,683.00 0.00 0.00 298,685.00
TOTAL CURRENT ASSETS 1,777,782,683.69 (275,369,821.07) 24,574,947.91 412,186,161.14
REGULATORY ASSETS
REGULATORY ASSETS 1,516,013,733.90 0.00 0.00 1,286,157,904.42
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 1,516,013,733.90 0.00 0.00 1,286,157,904.42
DEFERRED CHARGES
CLEARING ACCOUNTS (118,762,823.63) 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 2,772,424.78 0.00 0.00 0.00
OTHER DEFERRED DEBITS 462,792,617.65 39,600,098.77 2,423,718.88 67,115,131.98
TOTAL DEFERRED CHARGES 346,802,218.80 39,600,098.77 2,423,718.88 67,115,131.98
TOTAL ASSETS 14,932,196,989.75 (5,122,224,633.02) 4,224,769,279.71 5,361,511,757.65
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSW CSW
DESCRIPTION CONSOLIDATED ELIMINATIONS CSW CPL
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 1.00 (599,001,995.00) 1.00 168,888,375.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 1,724,146,916.28 (2,614,204,669.60) 1,724,146,916.28 405,000,000.00
RETAINED EARNINGS 2,402,749,873.50 (1,670,619,279.69) 2,408,129,435.40 826,197,470.29
COMMON SHAREHOLDERS' EQUITY 4,126,896,790.78 (4,883,825,944.29) 4,132,276,352.68 1,400,085,845.29
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 18,436,501.74 0.00 0.00 5,966,568.87
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 321,250,000.00 0.00 0.00 136,250,000.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 3,050,933,348.03 0.00 0.00 988,767,526.20
TOTAL CAPITALIZATION 7,517,516,640.55 (4,883,825,944.29) 4,132,276,352.68 2,531,069,940.36
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 145,919,685.60 0.00 0.00 108,076,627.53
TOTAL OTH NONCURRENT LIAB'S 145,919,685.60 0.00 0.00 108,076,627.53
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 873,718,028.00 0.00 0.00 265,000,000.00
SHORT-TERM DEBT 63,676,839.00 0.00 0.00 0.00
A/P - GENERAL 620,931,734.78 0.00 492,900.70 65,306,606.20
A/P- ASSOC. COS. 119,112,227.37 (231,979,053.80) 15,101,675.25 96,169,891.14
ADVANCES FROM AFFILIATES 1,136,240,443.99 203,815.52 49,128,320.82 354,277,094.99
CUSTOMER DEPOSITS 144,316,959.74 0.00 0.00 26,744,329.36
TAXES ACCRUED 182,710,243.06 0.00 (18,679,551.10) 83,511,967.99
INTEREST ACCRUED 64,759,214.28 2,595,414.04 1,541,442.68 18,524,064.09
DIVIDENDS DECLARED 176,720.53 (9,391,579.37) 0.00 40,258.55
OBLIG UNDER CAP LEASES- CURR (23,988.14) 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 644,875,102.54 0.00 0.00 219,485,339.79
OTHR CURR & ACCRUED LIAB 130,146,977.87 0.00 5,923,375.96 19,463,969.30
TOTAL CURRENT LIABILITIES 3,980,640,503.02 (238,571,403.61) 53,508,164.31 1,148,523,521.41
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 2,289,232,167.57 0.00 2,387,812.91 1,163,795,027.97
DFIT & DSIT RECLASS (A/C 190) (17,641,242.62) 0.00 0.00 0.00
NET DEFERRED INCOME TAXES 2,271,590,924.95 0.00 2,387,812.91 1,163,795,027.97
DEF INVESTMENT TAX CREDITS 228,380,200.44 0.00 0.00 122,892,590.02
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 414,852,160.66 0.00 0.00 220,671,247.35
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 414,852,160.66 0.00 0.00 220,671,247.35
DEFERRED CREDITS 373,296,874.53 172,714.88 36,596,949.81 66,482,803.01
TOTAL DEF CREDITS & REG LIAB'S 3,288,120,160.58 172,714.88 38,984,762.72 1,573,841,668.35
TOTAL CAPITAL & LIABILITIES 14,932,196,989.75 (5,122,224,633.02) 4,224,769,279.71 5,361,511,757.65
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
PSO SWEPCO
DESCRIPTION CONSOLIDATED CONSOLIDATED WTU SEEBOARD
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 1,034,711,260.90 1,429,355,515.44 443,508,238.09 0.00
TRANSMISSION 427,110,067.06 538,748,605.56 250,023,166.98 0.00
DISTRIBUTION 972,805,625.33 1,042,522,709.60 431,969,376.67 1,649,679,144.00
GENERAL 203,571,735.74 376,015,615.68 112,796,684.20 343,691,521.00
CONSTRUCTION WORK IN PROGRESS 56,899,811.29 74,121,735.91 22,574,904.40 0.00
TOTAL ELECTRIC UTILITY PLANT 2,695,098,500.32 3,460,764,182.19 1,260,872,370.34 1,993,370,665.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (1,184,442,455.53) (1,550,618,108.66) (546,162,575.55) (710,229,164.00)
NET ELECTRIC UTILITY PLANT 1,510,656,044.79 1,910,146,073.53 714,709,794.79 1,283,141,501.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 4,473,604.61 4,232,711.01 853,801.70 0.00
INVEST IN SUBSIDIARY & ASSOC 3,746,186.51 196,435.96 2,000.00 43,755,908.00
TOTAL OTHER INVESTMENTS 55,778,510.81 64,987,377.93 21,659,162.38 1,128,999,212.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 63,998,301.93 69,416,524.90 22,514,964.08 1,172,755,120.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 5,794,623.97 5,415,250.74 2,453,471.52 88,975,003.00
ADVANCES TO AFFILIATES 0.00 6,242,085.20 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 31,100,285.97 44,499,122.56 18,524,360.58 195,306,879.00
ACCOUNTS RECEIVABLE - MISC 0.00 (2,261,960.12) 0.00 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 10,905,192.83 14,331,366.11 8,656,082.74 74,461,420.00
FUEL 21,559,102.22 52,212,350.83 8,307,274.75 0.00
MATERIALS & SUPPLIES 36,784,585.98 32,527,148.17 11,190,050.74 18,205,006.00
ACCRUED UTILITY REVENUES 9,120,000.00 11,466,000.00 8,729,000.00 0.00
PREPAYMENTS 2,121,660.32 18,416,393.71 866,427.73 21,417,734.00
ENERGY TRADING CONTRACTS 162,199,825.92 186,159,106.01 63,252,248.55 0.00
OTHER CURRENT ASSETS 246,969.00 298,779.00 99,278.00 0.00
TOTAL CURRENT ASSETS 279,832,246.21 369,305,642.21 122,078,194.61 398,366,042.00
REGULATORY ASSETS
REGULATORY ASSETS 56,416,524.28 111,181,673.25 62,257,631.95 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 56,416,524.28 111,181,673.25 62,257,631.95 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 0.00 (118,868,099.71) 0.00 0.00
UNAMORTIZED DEBT EXPENSE 195,380.25 0.00 0.00 0.00
OTHER DEFERRED DEBITS 37,331,593.97 223,576,041.87 26,395,829.41 51,721,250.00
TOTAL DEFERRED CHARGES 37,526,974.22 104,707,942.16 26,395,829.41 51,721,250.00
TOTAL ASSETS 1,948,430,091.43 2,564,757,856.05 947,956,414.84 2,905,983,913.00
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
PSO SWEPCO
DESCRIPTION CONSOLIDATED CONSOLIDATED WTU SEEBOARD
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 157,230,000.00 135,659,520.00 137,214,000.00 1,000.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 180,000,000.00 245,000,000.00 2,236,000.00 747,442,558.00
RETAINED EARNINGS 142,994,538.42 308,914,741.35 105,970,218.12 340,612,956.00
COMMON SHAREHOLDERS' EQUITY 480,224,538.42 689,574,261.35 245,420,218.12 1,088,056,514.00
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 5,283,381.64 4,704,420.64 2,482,130.59 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 75,000,000.00 110,000,000.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 345,128,836.38 494,688,142.61 220,966,636.23 700,661,051.00
TOTAL CAPITALIZATION 905,636,756.44 1,298,966,824.60 468,868,984.94 1,788,717,565.00
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 7,183,476.55 26,452,577.65 4,119,240.87 0.00
TOTAL OTH NONCURRENT LIAB'S 7,183,476.55 26,452,577.65 4,119,240.87 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 106,000,000.00 150,595,000.00 35,000,000.00 315,822,879.00
SHORT-TERM DEBT 0.00 0.00 0.00 14,264,264.00
A/P - GENERAL 72,758,902.12 71,810,201.55 33,781,939.19 259,799,656.00
A/P- ASSOC. COS. 49,976,602.31 48,934,644.14 20,117,319.65 1,251,533.00
ADVANCES FROM AFFILIATES 123,086,617.80 123,609,420.67 50,448,227.65 19,035,097.00
CUSTOMER DEPOSITS 21,041,497.44 19,879,984.82 4,190,888.00 72,445,965.00
TAXES ACCRUED 18,150,367.38 36,522,250.73 17,357,685.16 39,035,620.00
INTEREST ACCRUED 7,298,258.19 13,630,530.33 1,244,255.65 16,534,163.00
DIVIDENDS DECLARED 53,159.18 57,263.62 26,039.18 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 167,657,809.96 192,317,631.94 65,414,320.85 0.00
OTHR CURR & ACCRUED LIAB 12,242,867.58 39,672,794.50 11,974,769.41 33,739,768.00
TOTAL CURRENT LIABILITIES 578,266,081.96 697,029,722.30 239,555,444.74 771,928,945.00
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 296,876,549.00 369,781,227.00 145,049,158.00 269,165,239.00
DFIT & DSIT RECLASS (A/C 190) 0.00 0.00 0.00 (872,760.00)
NET DEFERRED INCOME TAXES 296,876,549.00 369,781,227.00 145,049,158.00 268,292,479.00
DEF INVESTMENT TAX CREDITS 33,992,236.19 48,714,448.00 22,780,926.23 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 78,600,130.68 67,261,807.76 48,318,974.87 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 78,600,130.68 67,261,807.76 48,318,974.87 0.00
DEFERRED CREDITS 47,874,860.61 56,551,248.74 19,263,685.19 77,044,924.00
TOTAL DEF CREDITS & REG LIAB'S 457,343,776.48 542,308,731.50 235,412,744.29 345,337,403.00
TOTAL CAPITAL & LIABILITIES 1,948,430,091.43 2,564,757,856.05 947,956,414.84 2,905,983,913.00
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSWI CSWE
DESCRIPTION CONSOLIDATED CONSOLIDATED ENERSHOP CSWL
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00 0.00
GENERAL 4,083,763.00 380,479,019.00 676,130.36 3,750,000.37
CONSTRUCTION WORK IN PROGRESS 0.00 0.00 5,109.99 0.00
TOTAL ELECTRIC UTILITY PLANT 4,083,763.00 380,479,019.00 681,240.35 3,750,000.37
LESS ACCUM PRV-DEPR,DEPL,AMORT (1,518,852.00) (4,527,717.00) (493,354.14) 0.00
NET ELECTRIC UTILITY PLANT 2,564,911.00 375,951,302.00 187,886.21 3,750,000.37
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 0.00 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 983,152,584.00 145,408,729.00 0.00 0.00
TOTAL OTHER INVESTMENTS 0.00 0.00 60,666.83 (165,417.15)
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 983,152,584.00 145,408,729.00 60,666.83 (165,417.15)
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 859,431.00 2,354,218.00 0.00 7,213,081.00
ADVANCES TO AFFILIATES 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 (576.46) 0.00
ACCOUNTS RECEIVABLE - MISC 3,674,316.00 85,811,006.00 622,229.39 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 20,368,289.00 449,073.00 185.25 0.00
FUEL 0.00 0.00 0.00 0.00
MATERIALS & SUPPLIES 0.00 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00 0.00
PREPAYMENTS (293,361.00) 1,081,749.00 13,582.02 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00
OTHER CURRENT ASSETS 0.00 0.00 302,372.00 0.00
TOTAL CURRENT ASSETS 24,608,675.00 89,696,046.00 937,792.20 7,213,081.00
REGULATORY ASSETS
REGULATORY ASSETS 0.00 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 0.00 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 0.00 0.00 4,897.93 0.00
UNAMORTIZED DEBT EXPENSE 0.00 0.00 160,743.56 0.00
OTHER DEFERRED DEBITS 26,652.00 7,450,396.00 382,042.56 0.00
TOTAL DEFERRED CHARGES 26,652.00 7,450,396.00 547,684.05 0.00
TOTAL ASSETS 1,010,352,822.00 618,506,473.00 1,734,029.29 10,797,664.22
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
CSWI CSWE
DESCRIPTION CONSOLIDATED CONSOLIDATED ENERSHOP CSWL
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 1,000.00 1,000.00 100.00 1,000.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 828,087,992.00 105,834,017.00 900.00 34,726,215.47
RETAINED EARNINGS 21,190,977.00 115,605,613.00 (17,959,989.37) (33,863,641.04)
COMMON SHAREHOLDERS' EQUITY 849,279,969.00 221,440,630.00 (17,958,989.37) 863,574.43
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 50,078,400.00 15,029,628.75 0.00
TOTAL CAPITALIZATION 849,279,969.00 271,519,030.00 (2,929,360.62) 863,574.43
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 0.00 0.00 36,792.00 0.00
TOTAL OTH NONCURRENT LIAB'S 0.00 0.00 36,792.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 368,385.00 17,700,699.00 304,506.84 0.00
A/P- ASSOC. COS. 102,517,489.00 8,703,672.00 123,856.45 12,201.96
ADVANCES FROM AFFILIATES 72,592,702.00 245,926,907.00 4,271,430.84 0.00
CUSTOMER DEPOSITS 0.00 0.00 0.00 0.00
TAXES ACCRUED (18,494,180.00) 16,151,434.00 (175,909.93) 7,205,614.90
INTEREST ACCRUED 60,623.00 699,770.00 29,247.87 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB (20,669.00) 4,620,443.00 23,142.34 0.00
TOTAL CURRENT LIABILITIES 157,024,350.00 293,802,925.00 4,576,274.41 7,217,816.86
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 0.00 39,685,500.00 888,893.50 7,639,587.93
DFIT & DSIT RECLASS (A/C 190) (3,212,033.00) (1,241,301.00) (838,570.00) (4,923,315.00)
NET DEFERRED INCOME TAXES (3,212,033.00) 38,444,199.00 50,323.50 2,716,272.93
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 0.00
DEFERRED CREDITS 7,260,536.00 14,740,319.00 0.00 0.00
TOTAL DEF CREDITS & REG LIAB'S 4,048,503.00 53,184,518.00 50,323.50 2,716,272.93
TOTAL CAPITAL & LIABILITIES 1,010,352,822.00 618,506,473.00 1,734,029.29 10,797,664.22
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------------------
C3 COMM CSWESI REPHLD
DESCRIPTION CONSOLIDATED CONSOLIDATED CSWPWRMKT AEP CREDIT CONSOLIDATED
-----------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00 0.00 0.00
GENERAL 74,518,162.40 14,361,543.42 0.00 0.00 0.00
CONSTRUCTION WORK IN PROGRESS 50,884,941.14 0.00 0.00 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 125,403,103.54 14,361,543.42 0.00 0.00 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (14,062,684.13) (5,864.20) 0.00 0.00 0.00
NET ELECTRIC UTILITY PLANT 111,340,419.41 14,355,679.22 0.00 0.00 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 0.00 0.00 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 0.00 285,005.14 0.00 0.00 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 0.00 285,005.14 0.00 0.00 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 133,512.80 (1,044,612.00) 0.00 0.00 (303,000.00)
ADVANCES TO AFFILIATES 0.00 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 13,162.08 0.00 0.00 (560,289,178.85) 0.00
ACCOUNTS RECEIVABLE - MISC 888,968.45 22,621,146.56 0.00 124,142,666.43 146.56
A/P FOR UNCOLLECTIBLE ACCOUNTS (162,158.34) (148,881.90) 0.00 (17,577,955.24) 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 932,171.14 23,289,233.95 0.00 720,130,578.29 440,729.53
FUEL 0.00 0.00 0.00 0.00 0.00
MATERIALS & SUPPLIES 5,791,767.63 4,074,538.45 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00 0.00 0.00
PREPAYMENTS 183,250.27 113,490.67 0.00 662,500.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00 0.00
OTHER CURRENT ASSETS 461,600.00 0.00 0.00 0.00 0.00
TOTAL CURRENT ASSETS 8,242,274.03 48,904,915.73 0.00 267,068,610.63 137,876.09
REGULATORY ASSETS
REGULATORY ASSETS 0.00 0.00 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 0.00 0.00 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS (22,752.12) 123,130.27 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 1,797,761.86 618,539.11 0.00 0.00 0.00
OTHER DEFERRED DEBITS (9,557,466.92) 16,337,278.13 0.00 0.00 (9,949.00)
TOTAL DEFERRED CHARGES (7,782,457.18) 17,078,947.51 0.00 0.00 (9,949.00)
TOTAL ASSETS 111,800,236.26 80,624,547.60 0.00 267,068,610.63 127,927.09
CENTRAL AND SOUTH WEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------------------
C3 COMM CSWESI REPHLD
DESCRIPTION CONSOLIDATED CONSOLIDATED CSWPWRMKT AEP CREDIT CONSOLIDATED
-----------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 1,000.00 1,000.00 0.00 1,000.00 3,000.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 0.00 0.00 0.00 65,576,987.13 300,000.00
RETAINED EARNINGS (95,831,707.98) (47,163,711.95) 0.00 0.00 (1,427,746.05)
COMMON SHAREHOLDERS' EQUITY (95,830,707.98) (47,162,711.95) 0.00 65,577,987.13 (1,124,746.05)
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 175,269,048.86 60,344,078.00 0.00 0.00 0.00
TOTAL CAPITALIZATION 79,438,340.88 13,181,366.05 0.00 65,577,987.13 (1,124,746.05)
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 45,000.00 5,971.00 0.00 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 45,000.00 5,971.00 0.00 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 1,300,149.00 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 49,412,575.00 0.00 0.00 0.00
A/P - GENERAL 3,395,157.45 4,283,352.18 0.00 90,929,428.55 0.00
A/P- ASSOC. COS. 2,710,891.79 587,811.95 0.00 2,426,233.39 2,457,459.14
ADVANCES FROM AFFILIATES 13,665,415.65 16,333,629.08 0.00 63,661,764.97 0.00
CUSTOMER DEPOSITS 14,295.12 0.00 0.00 0.00 0.00
TAXES ACCRUED 1,758,649.47 (4,478,667.42) 0.00 5,440,747.88 (595,786.00)
INTEREST ACCRUED 65,415.56 55,312.72 0.00 2,480,717.15 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00 9,391,579.37 0.00
OBLIG UNDER CAP LEASES- CURR (23,988.14) 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 2,759,109.89 356,406.89 0.00 0.00 (609,000.00)
TOTAL CURRENT LIABILITIES 24,344,946.79 67,850,569.40 0.00 174,330,471.31 1,252,673.14
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 1,158,373.88 546,025.38 0.00 (7,741,227.00) 0.00
DFIT & DSIT RECLASS (A/C 190) 0.00 (6,553,263.62) 0.00 0.00 0.00
NET DEFERRED INCOME TAXES 1,158,373.88 (6,007,238.24) 0.00 (7,741,227.00) 0.00
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00 0.00 0.00
DEFERRED CREDITS 6,813,574.71 5,593,879.39 0.00 34,901,379.19 0.00
TOTAL DEF CREDITS & REG LIAB'S 7,971,948.59 (413,358.85) 0.00 27,160,152.19 0.00
TOTAL CAPITAL & LIABILITIES 111,800,236.26 80,624,547.60 0.00 267,068,610.63 127,927.09
APPALACHIAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
--------------------------------------------------------------------------------------------------------
APCO APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO
--------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 2,093,531,758.74 0.00 2,093,531,758.74 0.00
TRANSMISSION 1,222,225,955.09 0.00 1,222,225,955.09 0.00
DISTRIBUTION 1,887,020,721.58 0.00 1,887,020,721.58 0.00
GENERAL 257,956,883.89 0.00 257,956,883.89 0.00
CONSTRUCTION WORK IN PROGRESS 203,921,729.88 0.00 203,921,729.88 0.00
TOTAL ELECTRIC UTILITY PLANT 5,664,657,049.18 0.00 5,664,657,049.18 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (2,296,480,679.00) 0.00 (2,296,480,679.00) 0.00
NET ELECTRIC UTILITY PLANT 3,368,176,370.18 0.00 3,368,176,370.18 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 21,632,660.03 0.00 21,054,695.03 0.00
INVEST IN SUBSIDIARY & ASSOC 603,868.00 (15,757,234.57) 16,361,102.57 0.00
TOTAL OTHER INVESTMENTS 347,748,533.76 0.00 340,046,891.76 292,672.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 369,985,061.79 (15,757,234.57) 377,462,689.36 292,672.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 13,662,995.63 0.00 16,268,787.47 645.65
ADVANCES TO AFFILIATES 11,409,952.97 0.00 0.00 1,812,634.50
ACCOUNTS RECEIVABLE-CUSTOMERS 113,370,816.88 0.00 113,370,816.88 0.00
ACCOUNTS RECEIVABLE - MISC 11,847,324.07 0.00 8,233,993.74 120,591.23
A/P FOR UNCOLLECTIBLE ACCOUNTS (1,876,921.82) 0.00 (1,879,876.77) 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 63,367,887.52 (8,372,052.79) 69,695,892.79 361,514.97
FUEL 56,698,667.95 0.00 56,698,667.95 0.00
MATERIALS & SUPPLIES 59,849,039.02 (105.71) 59,849,144.73 0.00
ACCRUED UTILITY REVENUES 30,907,372.74 0.00 30,907,372.74 0.00
PREPAYMENTS 3,774,724.24 0.00 3,774,664.24 0.00
ENERGY TRADING CONTRACTS 566,283,611.93 0.00 566,283,611.93 0.00
OTHER CURRENT ASSETS 12,244,072.23 0.00 8,091,360.55 0.00
TOTAL CURRENT ASSETS 941,539,543.36 (8,372,158.50) 931,294,436.25 2,295,386.35
REGULATORY ASSETS
REGULATORY ASSETS 495,319,627.64 0.00 494,707,687.64 0.00
FAS109 DFIT RECLASS (A/C 254) (36,497,329.00) 0.00 (35,252,866.00) (210,000.00)
NET REGULATORY ASSETS 458,822,298.64 0.00 459,454,821.64 (210,000.00)
DEFERRED CHARGES
CLEARING ACCOUNTS 244,389.02 0.00 244,389.02 0.00
UNAMORTIZED DEBT EXPENSE 3,407,553.66 0.00 3,407,553.66 0.00
OTHER DEFERRED DEBITS 38,612,619.93 234,734.04 38,270,486.35 0.00
TOTAL DEFERRED CHARGES 42,264,562.61 234,734.04 41,922,429.03 0.00
TOTAL ASSETS 5,180,787,836.58 (23,894,659.03) 5,178,310,746.46 2,378,058.35
APPALACHIAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
--------------------------------------------------------------------------------------------------------
APCO APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO
--------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 260,457,768.00 (210,050.00) 260,457,768.00 3,000.00
PREMIUM ON CAPITAL STOCK 762,826.38 (8,900,000.01) 762,826.38 0.00
PAID-IN CAPITAL 714,683,741.99 (5,513,293.00) 714,683,741.99 449,990.00
RETAINED EARNINGS 150,796,650.14 (1,143,890.59) 150,796,650.14 307,103.00
COMMON SHAREHOLDERS' EQUITY 1,126,700,986.51 (15,767,233.60) 1,126,700,986.51 760,093.00
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 10,860,000.00 0.00 10,860,000.00 0.00
PS NOT SUBJ MANDATORY REDEMP 17,790,500.00 0.00 17,790,500.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 1,476,551,890.41 0.00 1,476,551,890.41 0.00
TOTAL CAPITALIZATION 2,631,903,376.92 (15,767,233.60) 2,631,903,376.92 760,093.00
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 33,928,399.29 0.00 33,928,399.29 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 50,175,477.93 0.00 35,960,169.11 2,336,634.00
TOTAL OTH NONCURRENT LIAB'S 84,103,877.22 0.00 69,888,568.40 2,336,634.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 80,006,878.49 0.00 80,006,878.49 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 131,387,416.77 0.00 131,180,159.18 909.00
A/P- ASSOC. COS. 84,517,934.33 (8,127,425.43) 91,303,546.97 235,657.35
ADVANCES FROM AFFILIATES 303,226,866.67 0.00 303,226,866.67 0.00
CUSTOMER DEPOSITS 13,177,233.40 0.00 13,177,233.40 0.00
TAXES ACCRUED 55,583,447.85 0.00 55,439,348.09 (11,973.00)
INTEREST ACCRUED 21,769,907.45 0.00 21,769,907.45 0.00
DIVIDENDS DECLARED 360,635.63 0.00 360,635.63 0.00
OBLIG UNDER CAP LEASES- CURR 12,356,725.75 0.00 12,356,725.75 0.00
ENERGY TRADING CONTRACTS 549,703,474.79 0.00 549,703,474.79 0.00
OTHR CURR & ACCRUED LIAB 62,580,858.74 0.00 62,410,695.15 113,400.00
TOTAL CURRENT LIABILITIES 1,314,671,379.87 (8,127,425.43) 1,320,935,471.57 337,993.35
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 865,908,592.00 0.00 864,586,854.00 73,500.00
DFIT & DSIT RECLASS (A/C 190) (162,333,905.00) 0.00 (155,073,040.00) (1,130,162.00)
NET DEFERRED INCOME TAXES 703,574,687.00 0.00 709,513,814.00 (1,056,662.00)
DEF INVESTMENT TAX CREDITS 38,328,187.00 0.00 38,328,187.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 137,040,715.58 0.00 137,040,715.58 0.00
UNAMORT GAIN REACQUIRED DEBT 111,920.01 0.00 111,920.01 0.00
TOTAL REGULATORY LIABILITIES 137,152,635.59 0.00 137,152,635.59 0.00
DEFERRED CREDITS 271,053,692.98 0.00 270,588,692.98 0.00
TOTAL DEF CREDITS & REG LIAB'S 1,150,109,202.57 0.00 1,155,583,329.57 (1,056,662.00)
TOTAL CAPITAL & LIABILITIES 5,180,787,836.58 (23,894,659.03) 5,178,310,746.46 2,378,058.35
APPALACHIAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------
DESCRIPTION CECCO SACCO WVPCO
-------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00
GENERAL 0.00 0.00 0.00
CONSTRUCTION WORK IN PROGRESS 0.00 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 0.00 0.00 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 0.00 0.00
NET ELECTRIC UTILITY PLANT 0.00 0.00 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 0.00 568,338.00 9,627.00
INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 3,704,481.00 3,704,489.00 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 3,704,481.00 4,272,827.00 9,627.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 110,194.49 113,641.05 1,617.65
ADVANCES TO AFFILIATES 5,143,863.49 4,199,446.80 254,008.18
ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 1,494,734.56 1,997,250.17 754.37
A/P FOR UNCOLLECTIBLE ACCOUNTS 2,954.95 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 1,645,872.76 35,618.45 1,041.34
FUEL 0.00 0.00 0.00
MATERIALS & SUPPLIES 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00
PREPAYMENTS 0.00 0.00 60.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00
OTHER CURRENT ASSETS 1,320,821.00 0.00 0.00
TOTAL CURRENT ASSETS 9,718,441.25 6,345,956.47 257,481.54
REGULATORY ASSETS
REGULATORY ASSETS 157,816.00 454,124.00 0.00
FAS109 DFIT RECLASS (A/C 254) (810,000.00) (224,463.00) 0.00
NET REGULATORY ASSETS (652,184.00) 229,661.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00
OTHER DEFERRED DEBITS 106,661.19 0.00 738.35
TOTAL DEFERRED CHARGES 106,661.19 0.00 738.35
TOTAL ASSETS 12,877,399.44 10,848,444.47 267,846.89
APPALACHIAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------
DESCRIPTION CECCO SACCO WVPCO
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 200,000.00 6,950.00 100.00
PREMIUM ON CAPITAL STOCK 0.00 8,900,000.01 0.00
PAID-IN CAPITAL 4,868,403.00 0.00 194,900.00
RETAINED EARNINGS (114,808.32) 879,293.00 72,302.91
COMMON SHAREHOLDERS' EQUITY 4,953,594.68 9,786,243.01 267,302.91
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 0.00 0.00 0.00
TOTAL CAPITALIZATION 4,953,594.68 9,786,243.01 267,302.91
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 11,878,674.82 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 11,878,674.82 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00
A/P - GENERAL 206,348.59 0.00 0.00
A/P- ASSOC. COS. 15,182.00 1,088,492.46 2,480.98
ADVANCES FROM AFFILIATES 0.00 0.00 0.00
CUSTOMER DEPOSITS 0.00 0.00 0.00
TAXES ACCRUED 111,483.76 46,526.00 (1,937.00)
INTEREST ACCRUED 0.00 0.00 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 56,763.59 0.00 0.00
TOTAL CURRENT LIABILITIES 389,777.94 1,135,018.46 543.98
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 847,121.00 401,117.00 0.00
DFIT & DSIT RECLASS (A/C 190) (5,191,769.00) (938,934.00) 0.00
NET DEFERRED INCOME TAXES (4,344,648.00) (537,817.00) 0.00
DEF INVESTMENT TAX CREDITS 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00
DEFERRED CREDITS 0.00 465,000.00 0.00
TOTAL DEF CREDITS & REG LIAB'S (4,344,648.00) (72,817.00) 0.00
TOTAL CAPITAL & LIABILITIES 12,877,399.44 10,848,444.47 267,846.89
COLUMBUS SOUTHERN POWER, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------
CSPCO CSPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO
------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 1,574,506,041.22 0.00 1,574,506,041.22
TRANSMISSION 401,404,522.72 0.00 401,404,522.72
DISTRIBUTION 1,159,105,019.48 0.00 1,159,105,019.48
GENERAL 146,732,305.14 0.00 142,673,555.21
CONSTRUCTION WORK IN PROGRESS 72,571,605.04 0.00 72,235,160.74
TOTAL ELECTRIC UTILITY PLANT 3,354,319,493.60 0.00 3,349,924,299.37
LESS ACCUM PRV-DEPR,DEPL,AMORT (1,377,031,924.03) 0.00 (1,373,698,107.10)
NET ELECTRIC UTILITY PLANT 1,977,287,569.57 0.00 1,976,226,192.27
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 29,291,848.32 0.00 24,684,315.69
INVEST IN SUBSIDIARY & ASSOC 430,000.00 (7,062,377.71) 7,492,377.71
TOTAL OTHER INVESTMENTS 204,562,051.16 0.00 204,434,457.76
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 234,283,899.48 (7,062,377.71) 236,611,151.16
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 12,357,347.14 (1,736,168.00) 14,049,273.73
ADVANCES TO AFFILIATES 1,272,513.37 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 41,769,951.78 0.00 41,769,951.78
ACCOUNTS RECEIVABLE - MISC 16,968,297.34 0.00 16,903,440.34
A/P FOR UNCOLLECTIBLE ACCOUNTS (745,119.51) 0.00 (745,119.51)
ACCOUNTS RECEIVABLE- ASSOC COS 63,469,678.54 (1,417,582.44) 63,481,209.18
FUEL 20,018,628.14 0.00 20,018,628.14
MATERIALS & SUPPLIES 38,984,591.25 0.00 37,621,296.25
ACCRUED UTILITY REVENUES 7,086,677.45 0.00 7,086,677.45
ENERGY TRADING CONTRACTS 347,197,900.62 0.00 347,197,900.62
PREPAYMENTS 1,410,869.98 0.00 1,410,733.98
OTHER CURRENT ASSETS 27,323,653.96 1,736,168.00 25,582,205.96
TOTAL CURRENT ASSETS 577,114,990.06 (1,417,582.44) 574,376,197.92
REGULATORY ASSETS
REGULATORY ASSETS 277,935,220.88 0.00 277,871,498.88
FAS109 DFIT RECLASS (A/C 254) (15,668,035.00) 0.00 (15,668,035.00)
NET REGULATORY ASSETS 262,267,185.88 0.00 262,203,463.88
DEFERRED CHARGES
CLEARING ACCOUNTS 61,430.13 0.00 45,130.14
UNAMORTIZED DEBT EXPENSE 2,023,601.68 0.00 2,023,601.68
OTHER DEFERRED DEBITS 54,102,078.35 (96,420.70) 54,041,216.73
TOTAL DEFERRED CHARGES 56,187,110.16 (96,420.70) 56,109,948.55
TOTAL ASSETS 3,107,140,755.15 (8,576,380.85) 3,105,526,953.78
COLUMBUS SOUTHERN POWER, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------
CSPCO CSPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO
------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 41,026,065.00 (1,609,000.00) 41,026,065.00
PREMIUM ON CAPITAL STOCK 257,892,417.78 (30,000.00) 257,892,417.78
PAID-IN CAPITAL 316,476,557.07 (668,589.30) 316,476,557.07
RETAINED EARNINGS 176,102,772.91 (1,932,486.75) 176,102,771.91
COMMON SHAREHOLDERS' EQUITY 791,497,812.76 (4,240,076.05) 791,497,811.76
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 10,000,000.00 0.00 10,000,000.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 571,347,775.29 (2,822,302.00) 571,347,775.29
TOTAL CAPITALIZATION 1,372,845,588.05 (7,062,378.05) 1,372,845,587.05
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 27,052,195.42 0.00 27,014,438.81
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 9,662,329.98 0.00 7,403,438.77
TOTAL OTH NONCURRENT LIAB'S 36,714,525.40 0.00 34,417,877.58
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 220,500,000.00 0.00 220,500,000.00
SHORT-TERM DEBT 0.00 0.00 0.00
A/P - GENERAL 62,393,378.49 0.00 62,200,073.04
A/P- ASSOC. COS. 83,697,206.85 (1,514,002.80) 84,842,355.46
ADVANCES FROM AFFILIATES 182,656,601.44 0.00 182,656,601.44
CUSTOMER DEPOSITS 5,883,721.03 0.00 5,883,721.03
TAXES ACCRUED 116,363,845.67 0.00 116,227,722.55
INTEREST ACCRUED 10,906,842.80 0.00 10,869,842.80
DIVIDENDS DECLARED 175,000.00 0.00 175,000.00
OBLIG UNDER CAP LEASES- CURR 7,835,242.22 0.00 7,620,924.72
ENERGY TRADING CONTRACTS 334,957,549.76 0.00 334,957,549.76
OTHR CURR & ACCRUED LIAB 20,706,143.01 0.00 19,910,607.92
TOTAL CURRENT LIABILITIES 1,046,075,531.27 (1,514,002.80) 1,045,844,398.72
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 518,488,718.00 0.00 518,418,886.00
DFIT & DSIT RECLASS (A/C 190) (74,767,049.00) 0.00 (73,520,594.00)
NET DEFERRED INCOME TAXES 443,721,669.00 0.00 444,898,292.00
DEF INVESTMENT TAX CREDITS 37,176,416.00 0.00 37,158,430.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 30,975.81 0.00 30,975.81
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 30,975.81 0.00 30,975.81
DEFERRED CREDITS 170,576,049.62 0.00 170,331,392.62
TOTAL DEF CREDITS & REG LIAB'S 651,505,110.43 0.00 652,419,090.43
TOTAL CAPITAL & LIABILITIES 3,107,140,755.15 (8,576,380.85) 3,105,526,953.78
COLUMBUS SOUTHERN POWER, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------
DESCRIPTION COLM CCPC SIMCO
---------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 0.00 0.00 0.00
TRANSMISSION 0.00 0.00 0.00
DISTRIBUTION 0.00 0.00 0.00
GENERAL 0.00 2,237,373.75 1,821,376.18
CONSTRUCTION WORK IN PROGRESS 336,444.30 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 336,444.30 2,237,373.75 1,821,376.18
LESS ACCUM PRV-DEPR,DEPL,AMORT 0.00 (1,825,911.64) (1,507,905.29)
NET ELECTRIC UTILITY PLANT 336,444.30 411,462.11 313,470.89
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 4,607,532.63 0.00 0.00
INVEST IN SUBSIDIARY & ASSOC 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 0.00 127,593.40 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 4,607,532.63 127,593.40 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 28,889.43 15,351.98 0.00
ADVANCES TO AFFILIATES 70,548.63 957,165.03 244,799.71
ACCOUNTS RECEIVABLE-CUSTOMERS 0.00 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 36,057.12 20,167.91 8,631.97
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 5,132.74 1,400,898.80 20.26
FUEL 0.00 0.00 0.00
MATERIALS & SUPPLIES 0.00 1,363,295.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00
PREPAYMENTS 0.00 136.00 0.00
OTHER CURRENT ASSETS 0.00 5,280.00 0.00
TOTAL CURRENT ASSETS 140,627.92 3,762,294.72 253,451.94
REGULATORY ASSETS
REGULATORY ASSETS 0.00 63,722.00 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00
NET REGULATORY ASSETS 0.00 63,722.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 0.00 0.00 16,299.99
UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00
OTHER DEFERRED DEBITS 122,382.16 34,900.16 0.00
TOTAL DEFERRED CHARGES 122,382.16 34,900.16 16,299.99
TOTAL ASSETS 5,206,987.01 4,399,972.39 583,222.82
COLUMBUS SOUTHERN POWER, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------
DESCRIPTION COLM CCPC SIMCO
---------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 1,500,000.00 100,000.00 9,000.00
PREMIUM ON CAPITAL STOCK 30,000.00 0.00 0.00
PAID-IN CAPITAL 0.00 400,000.00 268,589.30
RETAINED EARNINGS 747,181.54 1,099,983.00 85,323.21
COMMON SHAREHOLDERS' EQUITY 2,277,181.54 1,599,983.00 362,912.51
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 2,822,302.00 0.00 0.00
TOTAL CAPITALIZATION 5,099,483.54 1,599,983.00 362,912.51
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 37,756.61 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 0.00 2,258,891.21 0.00
TOTAL OTH NONCURRENT LIAB'S 0.00 2,296,647.82 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00
A/P - GENERAL 0.00 193,305.45 0.00
A/P- ASSOC. COS. 16,647.29 351,912.50 294.40
ADVANCES FROM AFFILIATES 0.00 0.00 0.00
CUSTOMER DEPOSITS 0.00 0.00 0.00
TAXES ACCRUED (3,545.00) 125,906.12 13,762.00
INTEREST ACCRUED 0.00 37,000.00 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 214,317.50 0.00
ENERGY TRADING CONTRACTS 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB (255.82) 795,663.00 127.91
TOTAL CURRENT LIABILITIES 12,846.47 1,718,104.57 14,184.31
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 0.00 (27,118.00) 96,950.00
DFIT & DSIT RECLASS (A/C 190) 0.00 (1,187,645.00) (58,810.00)
NET DEFERRED INCOME TAXES 0.00 (1,214,763.00) 38,140.00
DEF INVESTMENT TAX CREDITS 0.00 0.00 17,986.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 0.00 0.00 0.00
DEFERRED CREDITS 94,657.00 0.00 150,000.00
TOTAL DEF CREDITS & REG LIAB'S 94,657.00 (1,214,763.00) 206,126.00
TOTAL CAPITAL & LIABILITIES 5,206,987.01 4,399,972.39 583,222.82
INDIANA MICHIGAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------------------------
I&M I&M
DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BHCCO PRCCO
---------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 2,758,160,077.14 0.00 2,758,160,077.14 0.00 0.00
TRANSMISSION 957,336,718.30 0.00 957,336,718.30 0.00 0.00
DISTRIBUTION 900,920,965.86 0.00 900,920,965.86 0.00 0.00
GENERAL 233,004,797.39 0.00 233,004,797.39 0.00 0.00
CONSTRUCTION WORK IN PROGRESS 74,298,932.82 0.00 74,298,932.82 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 4,923,721,491.51 0.00 4,923,721,491.51 0.00 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (2,436,972,552.67) 0.00 (2,436,972,552.67) 0.00 0.00
NET ELECTRIC UTILITY PLANT 2,486,748,938.84 0.00 2,486,748,938.84 0.00 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 77,294,414.72 0.00 45,565,958.72 31,728,456.00 0.00
INVEST IN SUBSIDIARY & ASSOC 0.00 (50,688,097.83) 50,688,097.83 0.00 0.00
TOTAL OTHER INVESTMENTS 266,227,227.07 0.00 257,913,022.07 8,314,205.00 0.00
TOTAL OTHER SPECIAL FUNDS 834,108,675.61 0.00 834,108,675.61 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 1,177,630,317.40 (50,688,097.83) 1,188,275,754.23 40,042,661.00 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 16,804,249.76 0.00 16,753,363.20 50,886.56 0.00
ADVANCES TO AFFILIATES 46,309,293.04 0.00 38,425,774.17 7,883,518.87 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 60,863,606.27 0.00 60,863,606.27 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 25,398,062.33 0.00 22,282,926.24 3,115,136.09 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS (740,902.53) 0.00 (740,902.53) 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 31,907,757.55 (141,445.82) 31,991,820.06 30,108.31 27,275.00
FUEL 28,988,624.81 0.00 28,988,624.81 0.00 0.00
MATERIALS & SUPPLIES 91,440,326.76 0.00 91,440,326.76 0.00 0.00
ACCRUED UTILITY REVENUES 2,071,505.45 0.00 2,071,505.45 0.00 0.00
ENERGY TRADING CONTRACTS 399,195,694.12 0.00 399,195,694.12 0.00 0.00
PREPAYMENTS 4,480,242.29 0.00 4,480,242.29 0.00 0.00
OTHER CURRENT ASSETS 2,016,707.60 0.00 1,878,519.60 138,188.00 0.00
TOTAL CURRENT ASSETS 708,735,167.45 (141,445.82) 697,631,500.44 11,217,837.83 27,275.00
REGULATORY ASSETS
REGULATORY ASSETS 498,607,390.04 0.00 496,528,359.04 2,079,031.00 0.00
FAS109 DFIT RECLASS (A/C 254) (89,680,290.00) 0.00 (89,701,226.00) 20,936.00 0.00
NET REGULATORY ASSETS 408,927,100.04 0.00 406,827,133.04 2,099,967.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 282,926.05 0.00 282,926.05 0.00 0.00
UNAMORTIZED DEBT EXPENSE 4,229,507.30 0.00 4,229,507.30 0.00 0.00
OTHER DEFERRED DEBITS 30,454,412.45 478.25 30,453,934.20 0.00 0.00
TOTAL DEFERRED CHARGES 34,966,845.80 478.25 34,966,367.55 0.00 0.00
TOTAL ASSETS 4,817,008,369.53 (50,829,065.40) 4,814,449,694.10 53,360,465.83 27,275.00
INDIANA MICHIGAN POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
---------------------------------------------------------------------------------------------------------------------------
I&M I&M
DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BHCCO PRCCO
---------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 56,583,866.43 (39,548,275.00) 56,583,866.43 39,521,000.00 27,275.00
PREMIUM ON CAPITAL STOCK 4,319,844.45 0.00 4,319,844.45 0.00 0.00
PAID-IN CAPITAL 725,060,923.27 (1,303,000.00) 725,060,923.27 1,303,000.00 0.00
RETAINED EARNINGS 74,605,269.60 (9,836,822.83) 74,605,269.60 9,836,822.83 0.00
COMMON SHAREHOLDERS' EQUITY 860,569,903.75 (50,688,097.83) 860,569,903.75 50,660,822.83 27,275.00
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 64,945,000.00 0.00 64,945,000.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 8,735,700.00 0.00 8,735,700.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 1,312,082,023.77 0.00 1,312,082,023.77 0.00 0.00
TOTAL CAPITALIZATION 2,246,332,627.52 (50,688,097.83) 2,246,332,627.52 50,660,822.83 27,275.00
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 51,092,776.15 0.00 51,092,776.15 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 636,176,049.20 0.00 635,525,549.20 650,500.00 0.00
TOTAL OTH NONCURRENT LIAB'S 687,268,825.35 0.00 686,618,325.35 650,500.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 340,000,000.00 0.00 340,000,000.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00 0.00
A/P - GENERAL 90,816,742.25 0.00 90,816,742.25 0.00 0.00
A/P- ASSOC. COS. 43,955,995.19 (113,692.57) 43,883,029.22 186,658.54 0.00
ADVANCES FROM AFFILIATES 0.00 0.00 0.00 0.00 0.00
CUSTOMER DEPOSITS 9,269,682.96 0.00 9,269,682.96 0.00 0.00
TAXES ACCRUED 69,760,947.77 0.00 70,610,011.77 (849,064.00) 0.00
INTEREST ACCRUED 20,691,492.22 0.00 20,691,492.22 0.00 0.00
DIVIDENDS DECLARED 1,121,706.65 0.00 1,121,706.65 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 10,839,953.41 0.00 10,839,953.41 0.00 0.00
ENERGY TRADING CONTRACTS 383,713,700.51 0.00 383,713,700.51 0.00 0.00
OTHR CURR & ACCRUED LIAB 62,043,990.93 0.00 62,005,569.47 38,421.46 0.00
TOTAL CURRENT LIABILITIES 1,032,214,211.89 (113,692.57) 1,032,951,888.46 (623,984.00) 0.00
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 732,755,493.00 0.00 728,930,948.00 3,824,545.00 0.00
DFIT & DSIT RECLASS (A/C 190) (332,224,617.00) 0.00 (326,457,386.00) (5,767,231.00) 0.00
NET DEFERRED INCOME TAXES 400,530,876.00 0.00 402,473,562.00 (1,942,686.00) 0.00
DEF INVESTMENT TAX CREDITS 105,448,564.00 0.00 105,448,564.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 52,441,653.02 0.00 52,441,653.02 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 37,091.59 0.00 37,091.59 0.00 0.00
TOTAL REGULATORY LIABILITIES 52,478,744.61 0.00 52,478,744.61 0.00 0.00
DEFERRED CREDITS 292,734,520.16 (27,275.00) 288,145,982.16 4,615,813.00 0.00
TOTAL DEF CREDITS & REG LIAB'S 851,192,704.77 (27,275.00) 848,546,852.77 2,673,127.00 0.00
TOTAL CAPITAL & LIABILITIES 4,817,008,369.53 (50,829,065.40) 4,814,449,694.10 53,360,465.83 27,275.00
OHIO POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
OPCO OPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO COCCO SOCCO WCCO
-------------------------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 3,007,865,531.86 0.00 3,007,865,531.86 0.00 0.00 0.00
TRANSMISSION 891,282,831.60 0.00 891,282,831.60 0.00 0.00 0.00
DISTRIBUTION 1,081,121,781.57 0.00 1,081,121,781.57 0.00 0.00 0.00
GENERAL 245,232,016.42 0.00 245,232,016.42 0.00 0.00 0.00
CONSTRUCTION WORK IN PROGRESS 165,073,508.50 0.00 165,073,508.50 0.00 0.00 0.00
TOTAL ELECTRIC UTILITY PLANT 5,390,575,669.95 0.00 5,390,575,669.95 0.00 0.00 0.00
LESS ACCUM PRV-DEPR,DEPL,AMORT (2,452,570,932.97) 0.00 (2,452,570,932.97) 0.00 0.00 0.00
NET ELECTRIC UTILITY PLANT 2,938,004,736.98 0.00 2,938,004,736.98 0.00 0.00 0.00
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 32,122,175.14 0.00 32,122,175.14 0.00 0.00 0.00
TOTAL OTHER INVESTMENTS 293,228,062.38 3,327.00 293,224,735.38 0.00 0.00 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 326,036,789.52 3,077.00 326,033,712.52 0.00 0.00 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 8,847,678.37 (2,862,076.77) 11,709,755.14 0.00 0.00 0.00
ADVANCES TO AFFILIATES 0.00 0.00 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE-CUSTOMERS 84,694,284.42 0.00 84,694,284.42 0.00 0.00 0.00
ACCOUNTS RECEIVABLE - MISC 20,409,148.76 0.00 20,409,148.76 0.00 0.00 0.00
A/P FOR UNCOLLECTIBLE ACCOUNTS (1,379,086.90) 0.00 (1,379,086.90) 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 148,563,112.67 (17,284.09) 148,580,396.76 0.00 0.00 0.00
FUEL 84,723,564.97 0.00 84,723,564.97 0.00 0.00 0.00
MATERIALS & SUPPLIES 88,768,076.70 (54.43) 88,768,131.13 0.00 0.00 0.00
ACCRUED UTILITY REVENUES 0.00 0.00 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 472,245,684.18 0.00 472,245,684.18 0.00 0.00 0.00
PREPAYMENTS 3,598,099.40 0.00 3,598,099.40 0.00 0.00 0.00
OTHER CURRENT ASSETS 17,267,198.77 2,862,076.77 14,405,122.00 0.00 0.00 0.00
TOTAL CURRENT ASSETS 927,737,761.34 (17,338.52) 927,755,099.86 0.00 0.00 0.00
REGULATORY ASSETS
REGULATORY ASSETS 669,837,808.90 0.00 669,837,808.90 0.00 0.00 0.00
FAS109 DFIT RECLASS (A/C 254) (25,212,606.61) 0.00 (25,212,606.61) 0.00 0.00 0.00
NET REGULATORY ASSETS 644,625,202.29 0.00 644,625,202.29 0.00 0.00 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS 73,997.75 0.00 73,997.75 0.00 0.00 0.00
UNAMORTIZED DEBT EXPENSE 3,771,249.38 0.00 3,771,249.38 0.00 0.00 0.00
OTHER DEFERRED DEBITS 75,817,061.68 (146,176.62) 75,963,238.30 0.00 0.00 0.00
TOTAL DEFERRED CHARGES 79,662,308.81 (146,176.62) 79,808,485.43 0.00 0.00 0.00
TOTAL ASSETS 4,916,066,798.94 (160,438.14) 4,916,227,237.08 0.00 0.00 0.00
OHIO POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEETS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
OPCO OPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO COCCO SOCCO WCCO
-------------------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 321,201,454.00 0.00 321,201,454.00 0.00 0.00 0.00
PREMIUM ON CAPITAL STOCK 729,130.45 0.00 729,130.45 0.00 0.00 0.00
PAID-IN CAPITAL 461,556,623.78 0.00 461,556,623.78 0.00 0.00 0.00
RETAINED EARNINGS 401,297,351.38 (0.00) 401,297,351.38 0.00 0.00 0.00
COMMON SHAREHOLDERS' EQUITY 1,184,784,559.61 (0.00) 1,184,784,559.61 0.00 0.00 0.00
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 8,850,000.00 0.00 8,850,000.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 16,647,700.00 0.00 16,647,700.00 0.00 0.00 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 0.00 0.00 0.00 0.00 0.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 1,203,841,523.53 0.00 1,203,841,523.53 0.00 0.00 0.00
TOTAL CAPITALIZATION 2,414,123,783.14 (0.00) 2,414,123,783.14 0.00 0.00 0.00
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 64,260,714.08 0.00 64,260,714.08 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 66,125,597.98 0.00 66,125,597.98 0.00 0.00 0.00
TOTAL OTH NONCURRENT LIAB'S 130,386,312.06 0.00 130,386,312.06 0.00 0.00 0.00
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 0.00 0.00 0.00 0.00 0.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00 0.00 0.00
A/P - GENERAL 134,418,106.91 0.00 134,418,106.91 0.00 0.00 0.00
A/P- ASSOC. COS. 176,519,600.54 (160,438.14) 176,680,038.68 0.00 0.00 0.00
ADVANCES FROM AFFILIATES 300,212,874.81 0.00 300,212,874.81 0.00 0.00 0.00
CUSTOMER DEPOSITS 5,452,031.21 0.00 5,452,031.21 0.00 0.00 0.00
TAXES ACCRUED 126,770,255.04 0.00 126,770,255.04 0.00 0.00 0.00
INTEREST ACCRUED 17,679,214.45 0.00 17,679,214.45 0.00 0.00 0.00
DIVIDENDS DECLARED 0.00 0.00 0.00 0.00 0.00 0.00
OBLIG UNDER CAP LEASES- CURR 16,405,200.08 0.00 16,405,200.08 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 456,046,702.21 0.00 456,046,702.21 0.00 0.00 0.00
OTHR CURR & ACCRUED LIAB 87,070,016.97 0.00 87,070,016.97 0.00 0.00 0.00
TOTAL CURRENT LIABILITIES 1,320,574,002.22 (160,438.14) 1,320,734,440.36 0.00 0.00 0.00
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 933,827,065.51 0.00 933,827,065.51 0.00 0.00 0.00
DFIT & DSIT RECLASS (A/C 190) (135,938,491.00) 0.00 (135,938,491.00) 0.00 0.00 0.00
NET DEFERRED INCOME TAXES 797,888,574.51 0.00 797,888,574.51 0.00 0.00 0.00
DEF INVESTMENT TAX CREDITS 21,925,356.00 0.00 21,925,356.00 0.00 0.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 1,236,941.00 0.00 1,236,941.00 0.00 0.00 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 1,236,941.00 0.00 1,236,941.00 0.00 0.00 0.00
DEFERRED CREDITS 229,931,830.01 0.00 229,931,830.01 0.00 0.00 0.00
TOTAL DEF CREDITS & REG LIAB'S 1,050,982,701.52 0.00 1,050,982,701.52 0.00 0.00 0.00
TOTAL CAPITAL & LIABILITIES 4,916,066,798.94 (160,438.14) 4,916,227,237.08 0.00 0.00 0.00
SOUTHWESTERN ELECTRIC POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------
SWEPCO SWEPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS SWEPCO DOLETHILLS
-------------------------------------------------------------------------------------------------------------
ASSETS:
ELECTRIC UTILITY PLANT
PRODUCTION 1,429,355,515.44 0.00 1,429,355,515.44 0.00
TRANSMISSION 538,748,605.56 0.00 538,748,605.56 0.00
DISTRIBUTION 1,042,522,709.60 0.00 1,042,522,709.60 0.00
GENERAL 376,015,615.68 0.00 328,964,425.25 47,051,190.43
CONSTRUCTION WORK IN PROGRESS 74,121,735.91 0.00 74,121,735.91 0.00
TOTAL ELECTRIC UTILITY PLANT 3,460,764,182.19 0.00 3,413,712,991.76 47,051,190.43
LESS ACCUM PRV-DEPR,DEPL,AMORT (1,550,618,108.66) 0.00 (1,547,021,429.65) (3,596,679.01)
NET ELECTRIC UTILITY PLANT 1,910,146,073.53 0.00 1,866,691,562.11 43,454,511.42
OTHER PROPERTY AND INVESTMENT
NET NONUTILITY PROPERTY 4,232,711.01 0.00 4,232,711.01 0.00
INVEST IN SUBSIDIARY & ASSOC 196,435.96 (25,912,039.69) 26,108,475.65 0.00
TOTAL OTHER INVESTMENTS 64,987,377.93 0.00 64,987,377.93 0.00
TOTAL OTHER SPECIAL FUNDS 0.00 0.00 0.00 0.00
TOTAL OTHER PROP AND INVSTMNTS 69,416,524.90 (25,912,039.69) 95,328,564.59 0.00
CURRENT AND ACCRUED ASSETS
CASH AND CASH EQUIVALENTS 5,415,250.74 0.00 5,414,730.74 500.00
ADVANCES TO AFFILIATES 6,242,085.20 (60,505,917.77) 60,505,917.77 6,242,085.20
ACCOUNTS RECEIVABLE-CUSTOMERS 44,499,122.56 0.00 44,499,122.56 0.00
ACCOUNTS RECEIVABLE - MISC (2,261,960.12) (568,088.23) (1,903,015.77) 209,143.88
A/P FOR UNCOLLECTIBLE ACCOUNTS 0.00 0.00 0.00 0.00
ACCOUNTS RECEIVABLE- ASSOC COS 14,331,366.11 (4,748,635.00) 14,331,366.11 4,748,635.00
FUEL 52,212,350.83 0.00 46,822,768.99 5,389,581.84
MATERIALS & SUPPLIES 32,527,148.17 0.00 29,100,148.17 3,427,000.00
ACCRUED UTILITY REVENUES 11,466,000.00 0.00 11,466,000.00 0.00
PREPAYMENTS 18,416,393.71 0.00 18,363,795.84 52,597.87
ENERGY TRADING CONTRACTS 186,159,106.01 0.00 186,159,106.01 0.00
OTHER CURRENT ASSETS 298,779.00 0.00 298,799.00 0.00
TOTAL CURRENT ASSETS 369,305,642.21 (65,822,641.00) 415,058,739.42 20,069,543.79
REGULATORY ASSETS
REGULATORY ASSETS 111,181,673.25 0.00 111,181,673.25 0.00
FAS109 DFIT RECLASS (A/C 254) 0.00 0.00 0.00 0.00
NET REGULATORY ASSETS 111,181,673.25 0.00 111,181,673.25 0.00
DEFERRED CHARGES
CLEARING ACCOUNTS (118,868,099.71) 0.00 (118,868,099.71) 0.00
UNAMORTIZED DEBT EXPENSE 0.00 0.00 0.00 0.00
OTHER DEFERRED DEBITS 223,576,041.87 2,268,427.32 163,934,735.64 57,372,878.91
TOTAL DEFERRED CHARGES 104,707,942.16 2,268,427.32 45,066,635.93 57,372,878.91
TOTAL ASSETS 2,564,757,856.05 (89,466,253.37) 2,533,327,175.30 120,896,934.12
SOUTHWESTERN ELECTRIC POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING BALANCE SHEET
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------
SWEPCO SWEPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS SWEPCO DOLETHILLS
-------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES:
CAPITALIZATION
COMMON STOCK
COMMON STOCK 135,659,520.00 0.00 135,659,520.00 0.00
PREMIUM ON CAPITAL STOCK 0.00 0.00 0.00 0.00
PAID-IN CAPITAL 245,000,000.00 (25,210,448.69) 245,000,000.00 25,210,448.69
RETAINED EARNINGS 308,914,741.35 (699,591.00) 308,914,741.35 699,591.00
COMMON SHAREHOLDERS' EQUITY 689,574,261.35 (25,910,039.69) 689,574,261.35 25,910,039.69
CUMULATIVE PREFERRED STOCK
PS SUBJECT TO MANDATORY REDEMP 0.00 0.00 0.00 0.00
PS NOT SUBJ MANDATORY REDEMP 4,704,420.64 0.00 4,704,420.64 0.00
TRUST PREFERRED SECURITIES
TRUST PREFERRED SECURITIES 110,000,000.00 0.00 110,000,000.00 0.00
LT DEBT (LESS AMT DUE IN 1 YR)
LONG-TERM DEBT LESS AMT DUE 1 YR 494,688,142.61 0.00 494,688,142.61 0.00
TOTAL CAPITALIZATION 1,298,966,824.60 (25,910,039.69) 1,298,966,824.60 25,910,039.69
OTHER NONCURRENT LIABILITIES
OBLIGATIONS UNDER CAP LEASE 0.00 0.00 0.00 0.00
ACCUM PROVISIONS-RATE REFUND 0.00 0.00 0.00 0.00
ACCUMULATED PROVISIONS - MISC 26,452,577.65 0.00 5,020,319.90 21,432,257.75
TOTAL OTH NONCURRENT LIAB'S 26,452,577.65 0.00 5,020,319.90 21,432,257.75
CURRENT LIABILITIES
PREFERRED STOCK DUE W/IN 1 YR 0.00 0.00 0.00 0.00
LONG-TERM DEBT DUE WITHIN 1 YR 150,595,000.00 0.00 150,595,000.00 0.00
SHORT-TERM DEBT 0.00 0.00 0.00 0.00
A/P - GENERAL 71,810,201.55 0.00 69,380,114.40 2,430,087.15
A/P- ASSOC. COS. 48,934,644.14 (2,482,207.68) 51,136,627.92 280,223.90
ADVANCES FROM AFFILIATES 123,609,420.67 (60,505,917.77) 123,609,420.67 60,505,917.77
CUSTOMER DEPOSITS 19,879,984.82 0.00 19,879,984.82 0.00
TAXES ACCRUED 36,522,250.73 0.00 35,505,273.36 1,016,977.37
INTEREST ACCRUED 13,630,530.33 (568,088.23) 13,630,530.33 568,088.23
DIVIDENDS DECLARED 57,263.62 0.00 57,263.62 0.00
OBLIG UNDER CAP LEASES- CURR 0.00 0.00 0.00 0.00
ENERGY TRADING CONTRACTS 192,317,631.94 0.00 192,317,631.94 0.00
OTHR CURR & ACCRUED LIAB 39,672,794.50 0.00 30,919,452.24 8,753,342.26
TOTAL CURRENT LIABILITIES 697,029,722.30 (63,556,213.68) 687,031,299.30 73,554,636.68
DEF CREDITS & REGULATORY LIAB
DEFERRED INCOME TAXES 369,781,227.00 0.00 369,781,227.00 0.00
DFIT & DSIT RECLASS (A/C 190) 0.00 0.00 0.00 0.00
NET DEFERRED INCOME TAXES 369,781,227.00 0.00 369,781,227.00 0.00
DEF INVESTMENT TAX CREDITS 48,714,448.00 0.00 48,714,448.00 0.00
REGULATORY LIABILITIES
OVER-RECOVERY OF FUEL COST 0.00 0.00 0.00 0.00
SFAS 106 - OPEB 0.00 0.00 0.00 0.00
DEMAND SIDE MANAGEMENT-CREDIT 0.00 0.00 0.00 0.00
OTHER REGULATORY LIABILTIES 67,261,807.76 0.00 67,261,807.76 0.00
UNAMORT GAIN REACQUIRED DEBT 0.00 0.00 0.00 0.00
TOTAL REGULATORY LIABILITIES 67,261,807.76 0.00 67,261,807.76 0.00
DEFERRED CREDITS 56,551,248.74 0.00 56,551,248.74 0.00
TOTAL DEF CREDITS & REG LIAB'S 542,308,731.50 0.00 542,308,731.50 0.00
TOTAL CAPITAL & LIABILITIES 2,564,757,856.05 (89,466,253.37) 2,533,327,175.30 120,896,934.12
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEP CONS. ELIM & ADJ COMBINED AEP Inc.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 970,828,282 (1,034,086,030) 2,004,914,312 970,828,267
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 1,412,574,581 1,412,574,581
Prov for Def Income Taxes (net) 163,035,298 0 163,035,298 (932,866)
Def Invest Tax Credits (net) (28,517,791) 9,477,258 (37,995,049)
AFUDC - Equity (2,030,411) (2,030,411)
Equity/Undist. Subs. Earnings 764,730 620,300,569 (619,535,839) (620,300,569)
Mark to market Energy Trading (257,000,000) (45,939,000) (211,061,000)
Decrease (Increase) in:
Accounts Receivable (net) 1,763,621,302 1,078,070,606 685,550,696 (330,022,117)
Fuel, Materials & Supplies (82,456,071) 12,775,019 (95,231,090) 33,575
Accrued Utility Revenues 25,800,083 (15,557,924) 41,358,007
Incr (Decr) in Accounts Payable (460,569,592) (487,178,428) 26,608,836 (7,460,565)
Other Oper. Items Assets (Sch 1) (190,966,959) (525,564,408) 334,597,449
Other Oper. Items Liab. (Sch 1) (363,716,005) 245,751,704 (609,467,709) (286,501,269)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING 2,951,367,447 (141,950,634) 3,093,318,081 (274,355,544)
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (1,698,750,508) 8,660,487 (1,707,410,995)
Other Gross Additions (135,278,336) (135,278,336)
--------------- --------------- --------------- ---------------
Total Gross Additions (1,834,028,844) 8,660,487 (1,842,689,331) 0
AFUDC - Equity 2,030,411 2,030,411
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds (1,831,998,433) 8,660,487 (1,840,658,920) 0
Invest in Subs - Equity & Debt 30,333,487 1,119,869,010 (1,089,535,523) (902,399,010)
Purchase of Houston Pipe Line (726,567,366) (726,567,366)
Purchase of U. K. Generation (943,197,338) (943,197,338)
Purchase of MEMCO (265,966,785) (265,966,785)
Purchase of Quaker Coal Co. (101,000,000) (101,000,000)
Purchase of Indian Mesa (175,000,000) (175,000,000)
Proceeds - Sale of Yorkshire 383,332,905 383,332,905
Proceeds - Sale of Frontera 264,731,214 264,731,214
Proceeds - Sales of Property 45,600,761 (3,618,587) 49,219,348
Proceeds - Sale & Leaseback Trans 23,420 23,420
Other Investing Activities (111,910,303) (111,910,303)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (3,431,618,438) 1,124,910,910 (4,556,529,348) (902,399,010)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 (17,470,000) 17,470,000
Common Stock 10,698,105 10,698,105 10,395,105
Preferred Stock 0 0
Minority Interest 746,423,012 746,423,012
Long-term Debt 2,930,796,085 2,930,796,085 1,244,607,382
Long-term Debt - Affiliated Cos. 0 (1,217,652,590) 1,217,652,590
Change in Money Pool 0 (394,044,433) 394,044,433 198,781,531
Short-term Debt (net) (596,960,366) (596,960,366) 525,321,710
--------------- --------------- --------------- ---------------
Total Issuances 3,090,956,836 (1,629,167,023) 4,720,123,859 1,979,105,728
Cash Paid To Retire:
Preferred Stock (5,000,000) (5,000,000)
Long-term Debt (1,834,547,516) (1,834,547,516)
Long-term Debt - Affiliated Cos. 0 117,652,590 (117,652,590)
--------------- --------------- --------------- ---------------
Total Retirements (1,839,547,516) 117,652,590 (1,957,200,106) 0
Dividends Paid on Common Stock (773,168,114) 395,322,374 (1,168,490,488) (773,168,114)
Preferred Dividends on Minority Interests (4,671,613) 0 (4,671,613)
Dividends Paid on Preferred Stock 0 8,150,608 (8,150,608)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING 473,569,593 (1,108,041,451) 1,581,611,044 1,205,937,614
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES (3,667,236) (3,667,236)
NET INCREASE (DECREASE) IN CASH (10,348,634) (125,081,175) 114,732,541 29,183,060
CASH AT BEGINNING OF PERIOD 342,586,777 342,586,777 50,082,161
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 332,238,143 (125,081,175) 457,319,318 79,265,221
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 972,450,135 (190,301,447) 1,162,751,582 179,530,781
Income Taxes (State & Federal) 569,427,003 569,427,003 (25,554,193)
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 8,017,600 (5,229,613) 13,247,213 0
NonUtility Assets - Capital Leases 9,341,887 9,341,887 0
Total Capital Leases 17,359,487 (5,229,613) 22,589,100 0
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEPSC APCo OPCo I&M
CONSOL. CONSOL. CONSOL.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 161,818,276 147,445,368 75,787,951
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 13,598,144 180,505,480 252,123,403 166,360,007
Prov for Def Income Taxes (net) (63,060,973) 42,498,113 215,832,825 (29,204,810)
Def Invest Tax Credits (net) (50,808) (4,764,823) (3,288,192) (8,324,685)
AFUDC - Equity 5,338 (29,564) 45,778
Equity/Undist. Subs. Earnings 0 0
Mark to market Energy Trading (68,254,000) (59,833,000) (19,502,000)
Decrease (Increase) in:
Accounts Receivable (net) 55,345,219 134,098,915 51,638,892 64,842,213
Fuel, Materials & Supplies (19,956,663) 4,852,315 (19,425,760)
Accrued Utility Revenues 35,591,132 263,690 (2,071,505)
Incr (Decr) in Accounts Payable 7,384,842 (45,073,190) 9,886,755 (60,185,499)
Other Oper. Items Assets (Sch 1) (64,626,669) 84,091,540 15,962,866
Other Oper. Items Liab. (Sch 1) 178,711,807 33,578,572 (616,228,265) 51,923,158
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING 191,928,231 385,420,481 86,755,767 236,207,714
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant 0 (305,603,150) (343,796,191) (90,796,082)
Other Gross Additions (106,207,963) (437,755) (804,446) (210,350)
--------------- --------------- --------------- ---------------
Total Gross Additions (106,207,963) (306,040,905) (344,600,637) (91,006,432)
AFUDC - Equity (5,338) 29,564 (45,778)
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds (106,207,963) (306,046,243) (344,571,073) (91,052,210)
Invest in Subs - Equity & Debt 171,928
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera
Proceeds - Sales of Property 1,181,969 16,583,079 1,074,349
Proceeds - Sale & Leaseback Trans 23,420 0
Other Investing Activities (32,115,000) (92,615,925)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (106,207,963) (304,864,274) (359,907,646) (182,593,786)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0
Common Stock
Preferred Stock 0
Minority Interest
Long-term Debt 124,587,500 0 297,655,636
Long-term Debt - Affiliated Cos. 300,000,000
Change in Money Pool (83,780,011) 300,204,241 392,699,157 (299,891,219)
Short-term Debt (net) (191,495,000) 0 0
--------------- --------------- --------------- ---------------
Total Issuances (83,780,011) 233,296,741 692,699,157 (2,235,583)
Cash Paid To Retire:
Preferred Stock 0
Long-term Debt (2,000,000) (175,000,000) (297,858,040) (44,922,491)
Long-term Debt - Affiliated Cos. 0 0 0
--------------- --------------- --------------- ---------------
Total Retirements (2,000,000) (175,000,000) (297,858,040) (44,922,491)
Dividends Paid on Common Stock (129,594,120) (142,975,781) 0
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock (1,442,543) (1,258,738) (4,486,827)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING (85,780,011) (72,739,922) 250,606,598 (51,644,901)
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES
NET INCREASE (DECREASE) IN CASH (59,743) 7,816,285 (22,545,281) 1,969,027
CASH AT BEGINNING OF PERIOD 2,774,716 5,846,710 31,392,958 14,835,222
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 2,714,973 13,662,995 8,847,677 16,804,249
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 5,590,733 117,283,027 94,746,680 92,139,687
Income Taxes (State & Federal) 87,963,600 56,981,200 (22,416,867) 100,469,900
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 2,510,162 2,284,894 1,022,906
NonUtility Assets - Capital Leases 9,246,719 0 95,168 0
Total Capital Leases 9,246,719 2,510,162 2,380,062 1,022,906
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
CSPCo KEPCo KGPCo WPCo
CONSOL.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 161,876,319 21,564,541 3,406,249 4,068,002
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 128,500,123 32,490,516 3,262,028 3,699,114
Prov for Def Income Taxes (net) 24,107,869 6,293,296 529,999 79,504
Def Invest Tax Credits (net) (4,058,087) (1,252,008) (83,172) (38,397)
AFUDC - Equity 297,939 832 660 0
Equity/Undist. Subs. Earnings
Mark to market Energy Trading (44,680,000) (1,454,000)
Decrease (Increase) in:
Accounts Receivable (net) 19,985,865 23,693,453 5,389,355 2,219,450
Fuel, Materials & Supplies (7,780,073) (7,656,906) 7,824 (1,372)
Accrued Utility Revenues 2,551,640 1,105,393 4,265,878 215,565
Incr (Decr) in Accounts Payable (16,248,484) (22,942,929) (1,614,233) (3,018,434)
Other Oper. Items Assets (Sch 1) 1,735,369 (7,792,389)
Other Oper. Items Liab. (Sch 1) (32,844,669) (10,703,357) (194,688) (922,780)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING 233,443,811 33,346,442 14,969,900 6,300,652
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (122,476,192) (37,107,882) (4,054,404) (3,389,575)
Other Gross Additions (9,757,500) (97,279)
--------------- --------------- --------------- ---------------
Total Gross Additions (132,233,692) (37,205,161) (4,054,404) (3,389,575)
AFUDC - Equity (297,939) (832) (660) 0
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds (132,531,631) (37,205,993) (4,055,064) (3,389,575)
Invest in Subs - Equity & Debt
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera
Proceeds - Sales of Property 10,840,454 215,760 0
Proceeds - Sale & Leaseback Trans 0 0
Other Investing Activities
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (121,691,177) (36,990,233) (4,055,064) (3,389,575)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent
Common Stock
Preferred Stock 0
Minority Interest
Long-term Debt 0 20,000,000 20,000,000
Long-term Debt - Affiliated Cos. 200,000,000 75,000,000
Change in Money Pool 92,652,315 18,564,431 (18,128,252) 5,569,611
Short-term Debt (net) 0 0 0 (5,025,000)
--------------- --------------- --------------- ---------------
Total Issuances 292,652,315 93,564,431 1,871,748 20,544,611
Cash Paid To Retire:
Preferred Stock (5,000,000)
Long-term Debt (314,733,231) (60,000,000) (10,000,000) (21,000,000)
Long-term Debt - Affiliated Cos. 0
--------------- --------------- --------------- ---------------
Total Retirements (319,733,231) (60,000,000) (10,000,000) (21,000,000)
Dividends Paid on Common Stock (82,952,078) (30,244,396) (2,743,999) (2,976,000)
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock (962,500)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING (110,995,494) 3,320,035 (10,872,251) (3,431,389)
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES
NET INCREASE (DECREASE) IN CASH 757,140 (323,756) 42,585 (520,312)
CASH AT BEGINNING OF PERIOD 11,600,207 2,270,123 429,468 822,940
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 12,357,347 1,946,367 472,053 302,628
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 68,595,700 27,090,057 1,499,319 1,548,218
Income Taxes (State & Federal) 80,484,500 7,548,500 1,875,327 1,810,200
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 1,019,036 817,140 15,381 151,325
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 1,019,036 817,140 15,381 151,325
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEP PRO AEGCo CCCo COpCo
SERV
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 292,589 7,874,666 0
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 12,623 22,422,582
Prov for Def Income Taxes (net) (1,203,810) (6,224,093) (8,538) 0
Def Invest Tax Credits (net) (3,413,473)
AFUDC - Equity (21,720)
Equity/Undist. Subs. Earnings
Mark to market Energy Trading
Decrease (Increase) in:
Accounts Receivable (net) (7,074,859) 1,224,319 55,815 0
Fuel, Materials & Supplies 1,820 (4,738,850)
Accrued Utility Revenues
Incr (Decr) in Accounts Payable 14,571,225 (4,595,622) (25,550) 0
Other Oper. Items Assets (Sch 1)
Other Oper. Items Liab. (Sch 1) 18,016,427 (7,578,536) (25,916) 0
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING 24,616,015 4,949,273 (4,189) 0
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (6,770,357)
Other Gross Additions (119,589)
--------------- --------------- --------------- ---------------
Total Gross Additions 0 (6,889,946) 0 0
AFUDC - Equity 21,720
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds 0 (6,868,226) 0 0
Invest in Subs - Equity & Debt
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera
Proceeds - Sales of Property
Proceeds - Sale & Leaseback Trans
Other Investing Activities
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING 0 (6,868,226) 0 0
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0
Common Stock
Preferred Stock
Minority Interest
Long-term Debt
Long-term Debt - Affiliated Cos.
Change in Money Pool (57,968,342) 3,981,430 18,632
Short-term Debt (net) 0
--------------- --------------- --------------- ---------------
Total Issuances (57,968,342) 3,981,430 18,632 0
Cash Paid To Retire:
Preferred Stock
Long-term Debt
Long-term Debt - Affiliated Cos.
--------------- --------------- --------------- ---------------
Total Retirements 0 0 0 0
Dividends Paid on Common Stock (3,836,000)
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING (57,968,342) 145,430 18,632 0
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES
NET INCREASE (DECREASE) IN CASH (33,352,327) (1,773,523) 14,443 0
CASH AT BEGINNING OF PERIOD 33,684,687 2,756,743 6,503 0
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 332,360 983,220 20,946 0
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 269,015 1,508,655 0 0
Income Taxes (State & Federal) 181,813 8,597,100 11,800 0
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEPINV FRECo IFRI AEPR
CONSOL. CONSOL.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 306,123 0 0 (62,841,782)
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 69,088,990
Prov for Def Income Taxes (net) (674,201) 6,520,602
Def Invest Tax Credits (net)
AFUDC - Equity
Equity/Undist. Subs. Earnings (151,672) (5,594,430)
Mark to market Energy Trading
Decrease (Increase) in:
Accounts Receivable (net) (225,347) 361,899 (51,015) (414,337,243)
Fuel, Materials & Supplies 1,338 84,486,147
Accrued Utility Revenues (563,786)
Incr (Decr) in Accounts Payable 342,728 94,877 103,624 414,967,554
Other Oper. Items Assets (Sch 1)
Other Oper. Items Liab. (Sch 1) (443,190) 690,505 130,889 (77,355,147)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING (844,221) 1,147,281 183,498 14,370,905
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (43,515,883)
Other Gross Additions (302,734) (4,375,900)
--------------- --------------- --------------- ---------------
Total Gross Additions (302,734) 0 0 (47,891,783)
AFUDC - Equity
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds (302,734) 0 0 (47,891,783)
Invest in Subs - Equity & Debt 0
Purchase of Houston Pipe Line (726,567,366)
Purchase of U. K. Generation (943,197,338)
Purchase of MEMCO (265,966,785)
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire 383,332,905
Proceeds - Sale of Frontera
Proceeds - Sales of Property
Proceeds - Sale & Leaseback Trans
Other Investing Activities (2,716,650) 0 (7,279,500)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (3,019,384) 0 0 (1,607,569,867)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0
Common Stock
Preferred Stock
Minority Interest 751,970,936
Long-term Debt 944,483,472
Long-term Debt - Affiliated Cos. 168,412,925
Change in Money Pool 3,863,605 (555,778) (95,045) (155,665,138)
Short-term Debt (net) 40,500
--------------- --------------- --------------- ---------------
Total Issuances 3,863,605 (555,778) (95,045) 1,709,242,695
Cash Paid To Retire:
Preferred Stock
Long-term Debt (25,524,814)
Long-term Debt - Affiliated Cos. (67,652,590)
--------------- --------------- --------------- ---------------
Total Retirements 0 0 0 (93,177,404)
Dividends Paid on Common Stock
Preferred Dividends on Minority Interests (4,671,613)
Dividends Paid on Preferred Stock
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING 3,863,605 (555,778) (95,045) 1,611,393,678
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES (1,234,575)
NET INCREASE (DECREASE) IN CASH 0 591,503 88,453 16,960,141
CASH AT BEGINNING OF PERIOD 0 70,701 31,686 44,009,531
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 0 662,204 120,139 60,969,672
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 82,695 0 0 105,315,401
Income Taxes (State & Federal) 1,243,000 0 0 (66,285,545)
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 196,756
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 196,756
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEPC AEPPM AEPES CSW
CONSOL. CONSOL.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income (34,836,444) (221) 82,224,895 476,004,505
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 3,055,678 3,208,331 528,980,585
Prov for Def Income Taxes (net) (7,814,264) 0 90,361,006 (125,086,722)
Def Invest Tax Credits (net) (12,721,404)
AFUDC - Equity (2,329,674)
Equity/Undist. Subs. Earnings 21,076,468 (14,565,636)
Mark to market Energy Trading (17,338,000)
Decrease (Increase) in:
Accounts Receivable (net) 13,078,293 0 (101,080,132) 1,194,270,837
Fuel, Materials & Supplies (1,224,460) (89,827,727) (25,917,450)
Accrued Utility Revenues 0 0
Incr (Decr) in Accounts Payable (3,145,839) 340 334,937,312 (697,359,139)
Other Oper. Items Assets (Sch 1) 305,226,732
Other Oper. Items Liab. (Sch 1) 21,427,520 (119) (138,791,147) 105,112,615
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING 11,616,952 0 181,032,538 1,714,277,249
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (2,854,927) (10,849,829) (733,218,148)
Other Gross Additions (12,834,320)
--------------- --------------- --------------- ---------------
Total Gross Additions (2,854,927) 0 (10,849,829) (746,052,468)
AFUDC - Equity 2,329,674
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds (2,854,927) 0 (10,849,829) (743,722,794)
Invest in Subs - Equity & Debt (3,333,333) (183,975,108)
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera 264,731,214
Proceeds - Sales of Property 19,323,737
Proceeds - Sale & Leaseback Trans
Other Investing Activities (54,951,043) 95,930,998
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (57,805,970) 0 (14,183,162) (547,711,953)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 17,470,000 0
Common Stock 303,000
Preferred Stock
Minority Interest (5,514,715)
Long-term Debt 261,462,095
Long-term Debt - Affiliated Cos. 123,876,538 350,363,127
Change in Money Pool (122,082,211) (188,799,732) 122,315,568
Short-term Debt (net) 50,000,000 (978,883,755)
--------------- --------------- --------------- ---------------
Total Issuances 46,279,612 0 (171,329,732) (244,439,965)
Cash Paid To Retire:
Preferred Stock 0
Long-term Debt (883,508,940)
Long-term Debt - Affiliated Cos. (50,000,000)
--------------- --------------- --------------- ---------------
Total Retirements 0 0 0 (933,508,940)
Dividends Paid on Common Stock
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING 46,279,612 0 (171,329,732) (1,177,948,905)
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES (2,432,661)
NET INCREASE (DECREASE) IN CASH 90,594 0 (4,480,356) (13,816,270)
CASH AT BEGINNING OF PERIOD 5,096 0 5,390,357 136,576,968
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 95,690 0 910,001 122,760,698
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 10,642,197 0 6,336,460 449,620,296
Income Taxes (State & Federal) (25,552,100) 50 12,061,400 353,509,318
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 5,229,613 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 5,229,613 0 0 0
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
AEPRELLC AEPC&I AEPT&DSVC AEPTEXASGP
(AEP Retail) CONSOL. (AEP Texas)
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income (111,480) (3,267,098) (76,815) (1,855)
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 2,647,043
Prov for Def Income Taxes (net) 32,361 0
Def Invest Tax Credits (net)
AFUDC - Equity
Equity/Undist. Subs. Earnings
Mark to market Energy Trading
Decrease (Increase) in:
Accounts Receivable (net) (128,772) (116,416) (305,276) (1,000)
Fuel, Materials & Supplies (2,519,230)
Accrued Utility Revenues
Incr (Decr) in Accounts Payable 25,135 233,315 68,544 2,953
Other Oper. Items Assets (Sch 1)
Other Oper. Items Liab. (Sch 1) (132,709) 18,528 95,963 (98)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING (315,465) (3,003,858) (217,584) 0
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant
Other Gross Additions (130,500)
--------------- --------------- --------------- ---------------
Total Gross Additions 0 (130,500) 0 0
AFUDC - Equity
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds 0 (130,500) 0 0
Invest in Subs - Equity & Debt
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co.
Purchase of Indian Mesa
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera
Proceeds - Sales of Property
Proceeds - Sale & Leaseback Trans
Other Investing Activities 0 (14,865,489)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING 0 (14,995,989) 0 0
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0
Common Stock
Preferred Stock
Minority Interest (33,209)
Long-term Debt
Long-term Debt - Affiliated Cos.
Change in Money Pool 315,551 18,078,255 217,584
Short-term Debt (net)
--------------- --------------- --------------- ---------------
Total Issuances 315,551 18,045,046 217,584 0
Cash Paid To Retire:
Preferred Stock
Long-term Debt
Long-term Debt - Affiliated Cos.
--------------- --------------- --------------- ---------------
Total Retirements 0 0 0 0
Dividends Paid on Common Stock
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING 315,551 18,045,046 217,584 0
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES
NET INCREASE (DECREASE) IN CASH 86 45,199 0 0
CASH AT BEGINNING OF PERIOD 0 0 0 0
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD 86 45,199 0 0
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 11,005 669,961 2,583 0
Income Taxes (State & Federal) 29,000 (1,553,000) (174,000) (1,000)
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
American Electric Power Co. and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
------------------------------------------------------------------------------------------------------------------------
MUTUALENER AEP COAL AEP TEXAS AEP INDIAN
CONSOL. POLR CONS. MESA CONS.
------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income (8,082,292) 634,548 0 0
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 2,619,934
Prov for Def Income Taxes (net) 0 0 10,990,000
Def Invest Tax Credits (net)
AFUDC - Equity
Equity/Undist. Subs. Earnings
Mark to market Energy Trading
Decrease (Increase) in:
Accounts Receivable (net) (1,070,176) (26,241,476) 0 0
Fuel, Materials & Supplies (407,274) (5,158,344)
Accrued Utility Revenues
Incr (Decr) in Accounts Payable 6,320,973 99,338,143 0 0
Other Oper. Items Assets (Sch 1)
Other Oper. Items Liab. (Sch 1) (9,356,801) 38,668,810 0 (1,844,987)
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) OPERATING (12,595,570) 109,861,615 0 9,145,013
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (2,978,375)
Other Gross Additions
--------------- --------------- --------------- ---------------
Total Gross Additions 0 (2,978,375) 0 0
AFUDC - Equity
--------------- --------------- --------------- ---------------
Cash Used Plant & Prop. Adds 0 (2,978,375) 0 0
Invest in Subs - Equity & Debt
Purchase of Houston Pipe Line
Purchase of U. K. Generation
Purchase of MEMCO
Purchase of Quaker Coal Co. (101,000,000)
Purchase of Indian Mesa (175,000,000)
Proceeds - Sale of Yorkshire
Proceeds - Sale of Frontera
Proceeds - Sales of Property
Proceeds - Sale & Leaseback Trans
Other Investing Activities (3,297,694) 0 0
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) INVESTING (3,297,694) (103,978,375) 0 (175,000,000)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0
Common Stock
Preferred Stock
Minority Interest
Long-term Debt 18,000,000
Long-term Debt - Affiliated Cos.
Change in Money Pool 15,893,263 147,854,987
Short-term Debt (net) 3,081,179
--------------- --------------- --------------- ---------------
Total Issuances 15,893,263 3,081,179 0 165,854,987
Cash Paid To Retire:
Preferred Stock
Long-term Debt
Long-term Debt - Affiliated Cos.
--------------- --------------- --------------- ---------------
Total Retirements 0 0 0 0
Dividends Paid on Common Stock
Preferred Dividends on Minority Interests
Dividends Paid on Preferred Stock
--------------- --------------- --------------- ---------------
NET CASH PROVIDED (USED) FINANCING 15,893,263 3,081,179 0 165,854,987
--------------- --------------- --------------- ---------------
EFFECT OF EXCHANGE RATE CHANGES
NET INCREASE (DECREASE) IN CASH (1) 8,964,419 0 0
CASH AT BEGINNING OF PERIOD 0 0 0 0
--------------- --------------- --------------- ---------------
CASH AT END OF PERIOD (1) 8,964,419 0 0
=============== =============== =============== ===============
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 10,436 258,676 0 0
Income Taxes (State & Federal) (1,803,000) 0 0 0
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
Central & Southwest Corporation and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
--------------------------------------------------------------------------------------------------------------------
CSW CONS. ELIM & ADJ COMBINED CSW
CORP.
--------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 476,004,505 (499,563,857) 975,568,362 482,171,465
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 528,980,585 0 528,980,585 326,496
Prov for Def Income Taxes (net) (125,086,722) 0 (125,086,722) 2,307,388
Def Invest Tax Credits (net) (12,721,404) 0 (12,721,404) 0
AFUDC - Equity (2,329,674) 0 (2,329,674) 0
Equity/Undist. Subs. Earnings (14,565,636) 152,308,367 (166,874,003) (123,788,357)
Decrease (Increase) in: 0 0 0 0
Accounts Rec. Affiliated West 0 (160,068,205) 160,068,205 (17,576,627)
Accounts Rec. Affiliated East (183,861,237) 0 (183,861,237) 0
Accounts Rec. - Factored West 0 8,679,586 (8,679,586) 0
Accounts Rec. - Factored East (4,261,577) 0 (4,261,577) (8,917,644)
Accounts Rec. - Nonaffiliated 1,382,393,651 0 1,382,393,651 1,130,285
Dividends Receivable 0 0 0 0
Fuel, Materials & Supplies (25,917,450) 0 (25,917,450) 0
Accrued Utility Revenues 0 0 0 0
Accounts Payable - Affiliated West (0) 10,157,326 (10,157,326) 15,704
Accounts Payable - Affiliated East (571,756,847) 0 (571,756,847) (340,653,379)
Accounts Payable - Nonaffiliated (125,602,292) 0 (125,602,292) (4,039,714)
Interest Payable - Affiliated West 0 (92,678) 92,678 0
Interest Payable - Affiliated East (1,544,726) 0 (1,544,726) 0
Mark to market Energy Trading (17,338,000) (17,338,000) 0 0
Other Oper. Items Assets (Sch 1) 305,226,732 305,226,732 0 0
Other Oper. Items Liab. (Sch 1) 106,657,341 (170,742,752) 277,400,093 9,834,224
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) OPERATING 1,714,277,249 (371,433,481) 2,085,710,730 809,842
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (733,218,148) 0 (733,218,148) 0
Other Gross Additions (12,834,320) 0 (12,834,320) 0
------------------ ------------------ ------------------ ------------------
Total Gross Additions (746,052,468) 0 (746,052,468) 0
AFUDC - Equity 2,329,674 0 2,329,674 0
------------------ ------------------ ------------------ ------------------
Cash Used Plant & Prop. Adds (743,722,794) 0 (743,722,794) 0
Invest in Subs - Equity & Debt (183,975,108) 0 (183,975,108) 0
Proceeds - Sales of Property 19,323,737 0 19,323,737 0
Proceeds - Sale of Frontera 264,731,214 0 264,731,214 0
Proceeds - Sale & Leaseback Trans 0 0 0 0
Other Investing Activities 95,930,998 811,042 95,119,956 (811,042)
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) INVESTING (547,711,953) 811,042 (548,522,995) (811,042)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 19,222,754 (19,222,754) 0
Common Stock 303,000 0 303,000 0
Preferred Stock 0 0 0 0
Minority Interest 0 0 0 0
Long-term Debt 261,462,095 0 261,462,095 0
Long-Term Debt - Affiliated Cos. 350,363,127 0 350,363,127 0
Money Pool Payable - East 105,981,939 0 105,981,939 0
Money Pool Payable - West 16,333,629 0 16,333,629 0
Short-term Debt (net) (978,883,755) 0 (978,883,755) 0
------------------ ------------------ ------------------ ------------------
Total Issuances (244,439,965) 19,222,754 (263,662,719) 0
Cash Paid To Retire:
Preferred Stock 0 0 0 0
Long-term Debt (883,508,940) 0 (883,508,940) 0
Long-term Debt - Affiliated Cos. (50,000,000) 0 (50,000,000) 0
------------------ ------------------ ------------------ ------------------
Total Retirements (933,508,940) 0 (933,508,940) 0
Dividends Paid on Common Stock 0 347,709,105 (347,709,105) 0
Dividends Paid on Preferred Stock 0 787,400 (787,400) 0
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) FINANCING (1,177,948,905) 367,719,259 (1,545,668,164) 0
------------------ ------------------ ------------------ ------------------
EFFECT OF EXCHANGE RATE CHANGES (2,432,661) 0 (2,432,661) 0
NET INCREASE (DECREASE) IN CASH (13,816,270) (2,903,180) (10,913,090) (1,200)
CASH AT BEGINNING OF PERIOD 136,576,968 2,903,180 133,673,788 1,200
------------------ ------------------ ------------------ ------------------
CASH AT END OF PERIOD 122,760,698 0 122,760,698 (0)
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 449,620,296 0 449,620,296 0
Income Taxes (State & Federal) 353,509,318 0 353,509,318 0
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
Central & Southwest Corporation and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
---------------------------------------------------------------------------------------------------------------------
CPLCo PSOCo SWEPCo WTUCo
CONSOL. CONSOL. CONSOL.
---------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 182,277,199 57,758,861 89,366,586 12,310,609
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 168,341,222 80,244,801 121,814,226 50,705,348
Prov for Def Income Taxes (net) (72,567,527) (17,751,024) (31,396,485) (11,891,049)
Def Invest Tax Credits (net) (5,206,908) (1,790,796) (4,452,888) (1,270,812)
AFUDC - Equity (860,657) (900,909) (571,968) 3,860
Equity/Undist. Subs. Earnings 0 0 0 0
Decrease (Increase) in: 0 0 0 0
Accounts Rec. Affiliated West 27,089,484 0 (8,910,888) (99,869)
Accounts Rec. Affiliated East (2,067,016) (7,452,525) (243,598) 25,667,101
Accounts Rec. - Factored West 0 0 (8,679,586) 0
Accounts Rec. - Factored East 8,657,742 0 0 (4,001,675)
Accounts Rec. - Nonaffiliated 19,181,848 28,856,779 7,841,779 21,406,043
Dividends Receivable 0 0 0 0
Fuel, Materials & Supplies (18,215,024) (587,848) (15,806,843) 3,186,438
Accrued Utility Revenues 0 0 0 0
Accounts Payable - Affiliated West 9,778,536 0 (976,422) (18,615,190)
Accounts Payable - Affiliated East 11,843,579 (23,699,507) 1,878,802 (12,208,309)
Accounts Payable - Nonaffiliated (76,933,098) (31,619,600) (35,392,810) (29,908,162)
Interest Payable - Affiliated West 0 0 0 0
Interest Payable - Affiliated East (1,493,885) (1,037,440) 0 (215,112)
Mark to market Energy Trading (12,048,000) 0 (3,472,000) (1,818,000)
Other Oper. Items Assets (Sch 1) 200,396,956 40,042,128 28,353,924 36,433,724
Other Oper. Items Liab. (Sch 1) 31,745,616 27,796,354 30,259,223 2,674,996
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) OPERATING 469,920,067 149,859,274 169,611,052 72,359,941
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (194,592,630) (125,420,705) (112,296,858) (39,658,470)
Other Gross Additions (354,057) (359,111) (411,540) (126,968)
------------------ ------------------ ------------------ ------------------
Total Gross Additions (194,946,687) (125,779,816) (112,708,398) (39,785,438)
AFUDC - Equity 860,657 900,909 571,968 (3,860)
------------------ ------------------ ------------------ ------------------
Cash Used Plant & Prop. Adds (194,086,030) (124,878,907) (112,136,430) (39,789,298)
Invest in Subs - Equity & Debt 0 0 (85,716,367) 0
Proceeds - Sales of Property 0 0 0 0
Proceeds - Sale of Frontera 0 0 0 0
Proceeds - Sale & Leaseback Trans 0 0 0 0
Other Investing Activities 0 0 0 0
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) INVESTING (194,086,030) (124,878,907) (197,852,797) (39,789,298)
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0 0 0
Common Stock 0 0 0 0
Preferred Stock 0 0 0 0
Minority Interest 0 0 0 0
Long-term Debt 260,161,946 0 0 0
Long-Term Debt - Affiliated Cos. 0 0 0 0
Money Pool Payable - East 84,565,438 41,966,246 106,786,869 (8,129,932)
Money Pool Payable - West 0 0 0 0
Short-term Debt (net) 0 0 0 0
------------------ ------------------ ------------------ ------------------
Total Issuances 344,727,384 41,966,246 106,786,869 (8,129,932)
Cash Paid To Retire:
Preferred Stock 0 0 0 0
Long-term Debt (475,606,000) (20,000,000) (595,000) 0
Long-term Debt - Affiliated Cos. 0 0 0 0
------------------ ------------------ ------------------ ------------------
Total Retirements (475,606,000) (20,000,000) (595,000) 0
Dividends Paid on Common Stock (148,057,007) (52,240,069) (74,212,088) (28,823,941)
Dividends Paid on Preferred Stock (241,551) (212,637) (229,055) (104,157)
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) FINANCING (279,177,174) (30,486,460) 31,750,726 (37,058,030)
------------------ ------------------ ------------------ ------------------
EFFECT OF EXCHANGE RATE CHANGES 0 0 0 0
NET INCREASE (DECREASE) IN CASH (3,343,137) (5,506,093) 3,508,981 (4,487,387)
CASH AT BEGINNING OF PERIOD 14,252,854 11,300,717 1,906,269 6,940,859
------------------ ------------------ ------------------ ------------------
CASH AT END OF PERIOD 10,909,717 5,794,624 5,415,250 2,453,472
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 109,834,983 38,250,023 51,125,534 19,279,398
Income Taxes (State & Federal) 161,529,377 38,652,982 49,176,363 21,997,000
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
Central & Southwest Corporation and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
---------------------------------------------------------------------------------------------------------------------
SEEBOARD CSW LEASING CREDIT
COMM
---------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 88,118,636 (42,926,774) (6,205,075) 27,205,599
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 90,693,144 9,515,484 0 0
Prov for Def Income Taxes (net) 1,305,629 (3,612,690) 0 (1,341,160)
Def Invest Tax Credits (net) 0 0 0 0
AFUDC - Equity 0 0 0 0
Equity/Undist. Subs. Earnings (10,967,403) 0 0 0
Decrease (Increase) in: 0 0 0 0
Accounts Rec. Affiliated West 0 0 0 0
Accounts Rec. Affiliated East 0 800,826 (1,037,181) (177,339,925)
Accounts Rec. - Factored West 0 0 0 0
Accounts Rec. - Factored East 0 0 0 0
Accounts Rec. - Nonaffiliated 3,290,058 (2,886,571) 234,780 1,228,629,115
Dividends Receivable 0 0 0 0
Fuel, Materials & Supplies (5,382,151) 3,374,435 0 0
Accrued Utility Revenues 0 0 0 0
Accounts Payable - Affiliated West 0 0 (268,024) (34,936)
Accounts Payable - Affiliated East (1,503,528) (8,627,569) 0 2,234,256
Accounts Payable - Nonaffiliated 10,752,149 (1,605,741) (23,782) 90,929,429
Interest Payable - Affiliated West 0 0 0 0
Interest Payable - Affiliated East 92,678 31,811 0 2,480,717
Mark to market Energy Trading 0 0 0 0
Other Oper. Items Assets (Sch 1) 0 0 0 0
Other Oper. Items Liab. (Sch 1) (62,943,094) 2,106,662 16,053,532 13,769,821
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) OPERATING 113,456,118 (43,830,127) 8,754,250 1,186,532,916
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (119,726,802) 10,955,044 0 0
Other Gross Additions 0 (11,819,068) 0 0
------------------ ------------------ ------------------ ------------------
Total Gross Additions (119,726,802) (864,024) 0 0
AFUDC - Equity 0 0 0 0
------------------ ------------------ ------------------ ------------------
Cash Used Plant & Prop. Adds (119,726,802) (864,024) 0 0
Invest in Subs - Equity & Debt 609,497 0 0 0
Proceeds - Sales of Property 1,469,987 0 17,853,750 0
Proceeds - Sale of Frontera 0 0 0 0
Proceeds - Sale & Leaseback Trans 0 0 0 0
Other Investing Activities 6,227,855 0 0 0
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) INVESTING (111,419,463) (864,024) 17,853,750 0
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0 9,600,315 (28,823,069)
Common Stock 0 0 0 0
Preferred Stock 0 0 0 0
Minority Interest 0 0 0 0
Long-term Debt 0 0 0 0
Long-Term Debt - Affiliated Cos. 0 175,269,049 0 0
Money Pool Payable - East 23,349,653 (130,443,385) 0 63,661,765
Money Pool Payable - West 0 0 0 0
Short-term Debt (net) 192,651,670 0 0 (1,220,948,000)
------------------ ------------------ ------------------ ------------------
Total Issuances 216,001,323 44,825,664 9,600,315 (1,186,109,304)
Cash Paid To Retire:
Preferred Stock 0 0 0 0
Long-term Debt (187,307,940) 0 0 0
Long-term Debt - Affiliated Cos. 0 0 0 0
------------------ ------------------ ------------------ ------------------
Total Retirements (187,307,940) 0 0 0
Dividends Paid on Common Stock (14,376,000) 0 (30,000,000) 0
Dividends Paid on Preferred Stock 0 0 0 0
------------------ ------------------ ------------------ ------------------
NET CASH PROVIDED (USED) FINANCING 14,317,383 44,825,664 (20,399,685) (1,186,109,304)
------------------ ------------------ ------------------ ------------------
EFFECT OF EXCHANGE RATE CHANGES (1,321,652) 0 0 0
NET INCREASE (DECREASE) IN CASH 15,032,386 131,513 6,208,315 423,612
CASH AT BEGINNING OF PERIOD 73,942,617 2,000 1,004,767 (423,612)
------------------ ------------------ ------------------ ------------------
CASH AT END OF PERIOD 88,975,003 133,513 7,213,082 0
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 125,729,346 6,542,116 0 62,369,566
Income Taxes (State & Federal) 17,095,536 0 0 14,466,250
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0
Total Capital Leases 0 0 0 0
Central & Southwest Corporation and Subsidiaries
Consolidated Statement of Cash Flows YTD December 31, 2001
---------------------------------------------------------------------------------------------------------------------------------
CSW ESI CSW CSW REP
ENERGY INT'L. ENERSHOP HOLDCO
---------------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 64,831,183 (23,649,238) 47,714,210 (1,977,153) (1,427,747)
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 5,438,894 1,423,392 235,169 242,409 0
Prov for Def Income Taxes (net) (12,018,380) 5,482,798 16,395,778 0 0
Def Invest Tax Credits (net) 0 0 0 0 0
AFUDC - Equity 0 0 0 0 0
Equity/Undist. Subs. Earnings (15,082,963) 0 (17,035,280) 0 0
Decrease (Increase) in: 0 0 0 0 0
Accounts Rec. Affiliated West 158,870,576 694,305 0 1,225 0
Accounts Rec. Affiliated East 0 0 (21,748,189) 0 (440,730)
Accounts Rec. - Factored West 0 0 0 0 0
Accounts Rec. - Factored East 0 0 0 0 0
Accounts Rec. - Nonaffiliated (7,547,083) 14,435,876 67,147,235 673,654 (147)
Dividends Receivable 0 0 0 0 0
Fuel, Materials & Supplies 0 7,513,543 0 0 0
Accrued Utility Revenues 0 0 0 0 0
Accounts Payable - Affiliated West 0 (56,994) 0 0 0
Accounts Payable - Affiliated East 0 (69,478,954) (134,105,248) 105,551 2,457,459
Accounts Payable - Nonaffiliated (9,945,307) (37,798,394) (30,161) 12,898 0
Interest Payable - Affiliated West 0 0 92,678 0 0
Interest Payable - Affiliated East (1,437,360) 0 33,865 0 0
Mark to market Energy Trading 0 0 0 0 0
Other Oper. Items Assets (Sch 1) 0 0 0 0 0
Other Oper. Items Liab. (Sch 1) (63,787,907) (3,652,426) (12,100,215) (1,050,589) (1,194,835)
------------------ ----------------- ------------------ ------------------ -------------
NET CASH PROVIDED (USED) OPERATING 119,321,653 (105,086,092) (53,400,158) (1,992,005) (606,000)
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (147,206,346) (7,572,498) 2,306,227 (5,110) 0
Other Gross Additions 0 0 0 236,424 0
------------------ ----------------- ------------------ ------------------ -------------
Total Gross Additions (147,206,346) (7,572,498) 2,306,227 231,314 0
AFUDC - Equity 0 0 0 0 0
------------------ ----------------- ------------------ ------------------ -------------
Cash Used Plant & Prop. Adds (147,206,346) (7,572,498) 2,306,227 231,314 0
Invest in Subs - Equity & Debt 0 (15,526,453) (83,341,785) 0 0
Proceeds - Sales of Property 0 0 0 0 0
Proceeds - Sale of Frontera 264,731,214 0 0 0 0
Proceeds - Sale & Leaseback Trans 0 0 0 0 0
Other Investing Activities 3,808,454 0 85,894,689 0 0
------------------ ----------------- ------------------ ------------------ -------------
NET CASH PROVIDED (USED) INVESTING 121,333,322 (23,098,951) 4,859,131 231,314 0
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0 0 0 0
Common Stock 0 0 0 0 303,000
Preferred Stock 0 0 0 0 0
Minority Interest 0 0 0 0 0
Long-term Debt 0 1,300,149 0 0 0
Long-Term Debt - Affiliated Cos. 100,000,000 60,094,078 0 15,000,000 0
Money Pool Payable - East (108,688,360) 0 46,104,068 (13,190,423) 0
Money Pool Payable - West 0 16,333,629 0 0 0
Short-term Debt (net) 0 49,412,575 0 0 0
------------------ ----------------- ------------------ ------------------ -------------
Total Issuances (8,688,360) 127,140,431 46,104,068 1,809,577 303,000
Cash Paid To Retire:
Preferred Stock 0 0 0 0 0
Long-term Debt (200,000,000) 0 0 0 0
Long-term Debt - Affiliated Cos. (50,000,000) 0 0 0 0
------------------ ----------------- ------------------ ------------------ -------------
Total Retirements (250,000,000) 0 0 0 0
Dividends Paid on Common Stock 0 0 0 0 0
Dividends Paid on Preferred Stock 0 0 0 0 0
------------------ ----------------- ------------------ ------------------ -------------
NET CASH PROVIDED (USED) FINANCING (258,688,360) 127,140,431 46,104,068 1,809,577 303,000
------------------ ----------------- ------------------ ------------------ -------------
EFFECT OF EXCHANGE RATE CHANGES 0 0 (1,111,009) 0 0
NET INCREASE (DECREASE) IN CASH (18,033,385) (1,044,612) (3,547,968) 48,885 (303,000)
CASH AT BEGINNING OF PERIOD 20,387,603 0 4,407,399 (48,885) 0
------------------ ----------------- ------------------ ------------------ -------------
CASH AT END OF PERIOD 2,354,218 (1,044,612) 859,431 0 (303,000)
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 25,205,018 0 10,059,417 1,224,895 0
Income Taxes (State & Federal) 31,071,800 0 19,520,010 0 0
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Leases 0 0 0 0 0
NonUtility Assets - Capital Leases 0 0 0 0 0
Total Capital Leases 0 0 0 0 0
APPALACHIAN POWER COMPANY Consolidated Statement of Cash Flows
--------------------------------------------------------------------------------------------------------------------------------
APCo Cons. ELIM & ADJ APCo Corp. CACCo Cedar SACCo WVPCo
--------------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 161,818,276 (631,383) 161,818,276 24,022 100,307 500,201 6,853
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 180,505,480 0 180,505,480 0 0 0 0
Prov for Def Income Taxes (net) 42,498,113 0 42,584,901 66,036 (385,493) 232,669 0
Def Invest Tax Credits (net) (4,764,823) 0 (4,764,823) 0 0 0 0
AFUDC - Equity 5,338 0 5,338 0 0 0 0
Equity/Undist. Subs. Earnings 0 631,383 (631,383) 0 0 0 0
Decrease (Increase) in:
Accounts Receivable (net) 134,098,915 3,424,859 136,166,621 (501,847)(3,232,663) (1,756,258) (1,796)
Fuel, Materials & Supplies (19,956,663) (497) (19,956,166) 0 0 0 0
Accrued Utility Revenues 35,591,132 0 35,591,132 0 0 0 0
Incr (Decr) in Accounts Payable (45,073,190) (4,223,023) (41,729,686) 87,206 (292,914) 1,082,745 2,481
Mark to market (68,254,000) (68,254,000)
Other Oper. Items Assets (Sch 1) (64,626,669) (64,626,669)
Other Oper. Items Liabilities (Sch 1) 33,578,572 133,679,330 (107,387,053) 324,155 4,557,978 2,409,138 (4,976)
------------ ------------ ------------ ----------- ---------- ----------- ------------
NET CASH PROVIDED (USED) OPERATING 385,420,481 (0) 382,202,637 (429) 747,215 2,468,495 2,562
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (305,603,150) 0 (305,603,150) 0 0 0 0
Other Gross Additions (437,755) 0 (437,755) 0 0 0 0
------------ ------------ ------------ ----------- ---------- ----------- ------------
Total Gross Additions (306,040,905) 0 (306,040,905) 0 0 0 0
AFUDC - Equity (5,338) 0 (5,338) 0 0 0 0
------------ ------------ ------------ ----------- ---------- ----------- ------------
Cash Used Plant & Prop. Adds (306,046,242) 0 (306,046,242) 0 0 0 0
Invest in Subs - Equity & Debt 0 0 0 0 0 0 0
Proceeds - Sales of Property 1,181,969 0 1,181,969 0 0 0 0
Proceeds - Sale & Leaseback Trans 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0
------------ ------------ ------------ ----------- ---------- ----------- ------------
NET CASH PROVIDED (USED) INVESTING (304,864,273) 0 (304,864,273) 0 0 0 0
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0 0 0 0 0 0
Common Stock 0 0 0 0 0 0 0
Preferred Stock 0 0 0 0 0 0 0
Long-term Debt 124,587,500 0 124,587,500 0 0 0 0
Short-term Debt (net) (191,495,000) 0 (191,495,000) 0 0 0 0
Change in Money Pool 300,204,241 0 303,226,867 (22,413) (642,553) (2,354,933) (2,727)
------------ ------------ ------------ ----------- ---------- ----------- ------------
Total Issuances 233,296,741 0 236,319,367 (22,413) (642,553) (2,354,933) (2,727)
Cash Paid To Retire:
Preferred Stock 0 0 0 0 0 0 0
Long-term Debt (175,000,000) 0 (175,000,000) 0 0 0 0
------------ ------------ ------------ ----------- ---------- ----------- ------------
Total Retirements (175,000,000) 0 (175,000,000) 0 0 0 0
Dividends Paid on Common Stock (129,594,120) 0 (129,594,120) 0 0 0 0
Dividends Paid on Preferred Stock (1,442,543) 0 (1,442,543) 0 0 0 0
------------ ------------ ------------ ----------- ---------- ----------- ------------
NET CASH PROVIDED (USED) FINANCING (72,739,922) 0 (69,717,296) (22,413) (642,553) (2,354,933) (2,727)
------------ ------------ ------------ ----------- ---------- ----------- ------------
NET INCREASE (DECREASE) IN CASH 7,816,286 (0) 7,621,068 (22,841) 104,662 113,563 (165)
CASH AT BEGINNING OF PERIOD 5,846,710 0 5,815,829 23,487 5,533 78 1,783
------------ ------------ ------------ ----------- ---------- ----------- ------------
CASH AT END OF PERIOD 13,662,996 0 13,436,897 646 110,194 113,641 1,618
=========== =========== =========== =========== ========== =========== ===========
CASH PAID DURING THE PERIOD FOR:
INTEREST (net of ABFUDC) 117,283,027 (605) 117,283,632 0 0 0 0
INCOME TAXES (State & Federal) 56,981,200 0 56,474,100 (74,100) 248,100 327,900 5,200
NONCASH INVESTING ACTIVITIES:
Utility Plant - Capital Leases 2,510,162 0 2,510,162 0 0 0 0
Nonutility Plant - Capital Leases 0 0 0 0 0 0 0
COLUMBUS SOUTHERN POWER COMPANY
Consolidated Statement of Cash Flows
YTD December 2001
----------------------------------------------------------------------------------------------------------------------------------
CSPCo Cons. ELIM & ADJ CSPCo Corp. CCPC Simco Colomet
----------------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 161,876,319 (164,785) 161,876,319 70,000 91,338 3,447
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 105,354,069 0 104,292,297 992,676 69,096 0
Amort Regulatory Debits 23,146,054 0 23,146,054 0 0 0
Prov for Def Income Taxes (net) 24,107,869 0 24,330,283 (210,494) (11,920) 0
Def Invest Tax Credits (net) (4,058,087) 0 (4,052,867) 0 (5,220) 0
AFUDC - Equity (4191000) 297,939 0 297,939 0 0 0
Equity/Undist. Subs. Earnings 0 (35,215) 35,215 0 0 0
Decrease (Increase) in:
Accounts Receivable (net) 19,985,865 (6,521,207) 25,778,347 612,085 (15,148) 131,788
Fuel, Materials & Supplies (7,780,073) 0 (7,393,033) (387,040) 0 0
Accrued Utility Revenues 2,551,640 0 2,551,640 0 0 0
Incr (Decr) in Accounts Payable (16,248,484) 6,619,433 (22,476,948) (237,818) (5,346) (147,805)
Mark to market (44,680,000) (44,680,000) 0 0 0 0
Other Oper. Items Assets (Sch 1) 1,735,369 1,735,369 0 0 0 0
Other Oper. Items Liabilities (Sch 1) (32,844,669) 42,846,405 (72,002,565) (689,658) (24,335) (2,974,516)
------------ ------------ ------------ ------------ ---------- ------------
NET CASH PROVIDED (USED) OPERATING 233,443,811 (200,000) 236,382,681 149,751 98,465 (2,987,086)
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (122,476,192) 0 (122,187,063) 0 0 (289,129)
Other Gross Additions (9,757,500) 0 0 (9,757,500) 0 0
------------ ------------ ------------ ------------ ---------- ------------
Total Gross Additions (132,233,692) 0 (122,187,063) (9,757,500) 0 (289,129)
AFUDC - Equity (297,939) 0 (297,939) 0 0 0
------------ ------------ ------------ ------------ ---------- ------------
Cash Used Plant & Prop. Adds (132,531,631) 0 (122,485,002) (9,757,500) 0 (289,129)
Invest in Subs - Equity & Debt 0 2,822,302 (2,822,302) 0 0 0
Proceeds - Sales of Property 10,840,454 0 1,594,758 9,245,696 0 0
Proceeds - Sale & Leaseback Trans 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0
------------ ------------ ------------ ------------ ---------- ------------
NET CASH PROVIDED (USED) INVESTING (121,691,177) 2,822,302 (123,712,546) (511,804) 0 (289,129)
------------ ------------ ------------ ------------ ---------- ------------
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0 0 0 0 0 0
Common Stock 0 0 0 0 0 0
Preferred Stock 0 0 0 0 0 0
Long-term Debt 200,000,000 (2,822,302) 200,000,000 0 0 2,822,302
Change in Money Pool 92,652,315 0 91,697,703 370,575 1,535 582,502
Short-term Debt (net) 0 0 0 0 0 0
------------ ------------ ------------ ------------ ---------- ------------
Total Issuances 292,652,315 (2,822,302) 291,697,703 370,575 1,535 3,404,804
Cash Paid To Retire:
Preferred Stock (5,000,000) 0 (5,000,000) 0 0 0
Long-term Debt (314,733,231) 0 (314,733,231) 0 0 0
------------ ------------ ------------ ------------ ---------- ------------
Total Retirements (319,733,231) 0 (319,733,231) 0 0 0
Dividends Paid on Common Stock (82,952,078) 200,000 (82,952,078) 0 (100,000) (100,000)
Dividends Paid on Preferred Stock (962,500) 0 (962,500) 0 0 0
------------ ------------ ------------ ------------ ---------- ------------
NET CASH PROVIDED (USED) FINANCING (110,995,494) (2,622,302) (111,950,106) 370,575 (98,465) 3,304,804
------------ ------------ ------------ ---------- ------------
NET INCREASE (DECREASE) IN CASH 757,140 0 720,029 8,522 0 28,589
CASH AT BEGINNING OF PERIOD 11,600,207 0 11,593,077 6,830 0 300
------------ ------------ ------------ ------------ ---------- ------------
CASH AT END OF PERIOD 12,357,347 0 12,313,106 15,352 0 28,889
============ ============ ============ ============ ========== ============
CASH PAID DURING THE PERIOD FOR:
INTEREST (net of ABFUDC) 68,595,700 (606) 68,561,462 34,844 0 0
INCOME TAXES (State & Federal) 80,484,500 0 79,547,000 666,800 78,000 192,700
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Lease 1,019,036 0 1,019,036 0 0 0
Nonutility Assets - Capital Lease 0 0 0 0 0 0
INDIANA MICHIGAN POWER COMPANY
Consolidating Statement of Cash Flows
PERIOD ENDING December 2001
------------------------------------------------------------------------------------------------------------------------
I&M Eliminations I&M Blackhawk Price River
CASH FLOWS - OPERATING ACTIVITIES: Consolidated & Adjustments Corporation Coal Co. Coal Co.
------------------------------------------------------------------------------------------------------------------------
Consolidated Net Income 75,787,950.62 (996,352.00) 75,787,950.62 996,352.00 0.00
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 166,360,007.05 0.00 166,360,007.05 0.00 0.00
Prov for Def Income Taxes (net) (29,204,810.00) 0.00 (29,397,795.00) 192,985.00 0.00
Def Invest Tax Credits (net) (8,324,685.00) 0.00 (8,324,685.00) 0.00 0.00
AFUDC - Equity 45,777.79 0.00 45,777.79 0.00 0.00
Equity/Undist. Subs. Earnings 0.00 (5,292,690.61) 5,292,690.61 0.00 0.00
Decrease (Increase) in:
Accounts Receivable (net) 64,842,213.36 118,336.75 63,259,112.20 1,464,764.41 0.00
Fuel, Materials & Supplies (19,425,760.59) 0.00 (19,425,760.59) 0.00 0.00
Accrued Utility Revenues (2,071,505.45) 0.00 (2,071,505.45) 0.00 0.00
Incr (Decr) in Accounts Payable (60,185,498.67) (117,986.66) (60,165,466.46) 97,954.45 0.00
Mark to Market Trading Contracts (19,502,000.00) (19,502,000.00)
Other Oper. Items Assets (Sch 1) 15,962,866.14 15,962,866.14
Other Oper. Items Liabilities (Sch 1) 51,923,158.54 3,527,783.77 46,938,607.34 1,456,767.43 0.00
-------------- ------------- -------------- ------------ ----
NET CASH PROVIDED (USED) OPERATING 236,207,713.79 (6,300,042.61) 238,298,933.11 4,208,823.29 0.00
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (90,796,081.93) 0.00 (90,796,081.93) 0.00 0.00
Other Gross Additions (210,349.83) 0.00 (210,349.83) 0.00 0.00
-------------- ------------- -------------- ------------ ----
Total Gross Additions (91,006,431.76) 0.00 (91,006,431.76) 0.00 0.00
AFUDC - Equity (45,777.79) 0.00 (45,777.79) 0.00 0.00
-------------- ------------- -------------- ------------ ----
Cash Used Plant & Prop. Adds (91,052,209.55) 0.00 (91,052,209.55) 0.00 0.00
Invest in Subs - Equity & Debt 0.00 0.00 0.00 0.00 0.00
Proceeds - Sales of Property 1,074,349.00 0.00 1,074,349.00 0.00 0.00
Proceeds - Sale & Leaseback Trans 0.00 0.00 0.00 0.00 0.00
Other Investing Activities (92,615,924.47) 0.00 (92,615,924.47) 0.00 0.00
-------------- ------------- -------------- ------------ ----
NET CASH PROVIDED (USED) INVESTING (182,593,785.02) 0.00 (182,593,785.02) 0.00 0.00
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent 0.00 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00 0.00
Preferred Stock 0.00 0.00 0.00 0.00 0.00
Long-term Debt 297,655,636.00 0.00 297,655,636.00 0.00 0.00
Change in Money Pool (299,891,219.34) 0.00 (302,016,110.19) 2,124,890.85 0.00
Short-term Debt (net) 0.00 0.00 0.00 0.00 0.00
-------------- ------------- -------------- ------------ ----
Total Issuances (2,235,583.34) 0.00 (4,360,474.19) 2,124,890.85 0.00
Cash Paid To Retire:
Preferred Stock 0.00 0.00 0.00 0.00 0.00
Long-term Debt (44,922,491.40) 0.00 (44,922,491.40) 0.00 0.00
-------------- ------------- -------------- ------------ ----
Total Retirements (44,922,491.40) 0.00 (44,922,491.40) 0.00 0.00
Dividends Paid on Common Stock 0.00 6,300,042.61 0.00 (6,300,042.61) 0.00
Dividends Paid on Preferred Stock (4,486,826.58) 0.00 (4,486,826.58) 0.00 0.00
-------------- ------------- -------------- ------------ ----
NET CASH PROVIDED (USED) FINANCING (51,644,901.32) 6,300,042.61 (53,769,792.17) (4,175,151.76) 0.00
NET INCREASE (DECREASE) IN CASH 1,969,027.45 0.00 1,935,355.92 33,671.53 0.00
CASH AT BEGINNING OF PERIOD 14,835,222.31 0.00 14,818,007.28 17,215.03 0.00
-------------- ------------- -------------- ------------ ----
CASH AT END OF PERIOD 16,804,249.76 0.00 16,753,363.20 50,886.56 0.00
============= ==== ============= ========= ====
CASH PAID DURING THE PERIOD FOR:
Interest (net of ABFUDC) 92,139,686.15 0.00 92,139,686.15 0.00 0.00
Income Taxes (State & Federal) 100,469,900.00 0.00 99,212,900.00 1,257,000.00 0.00
Noncash Investing Activities:
Utility Assets - Capital Lease 1,022,905.80 0.00 1,022,905.80 0.00 0.00
NonUtility Assets - Capital Lease 0.00 0.00 0.00 0.00 0.00
OHIO POWER COMPANY
Consolidated Statement of Cash Flow as of 12/31/2001
--------------------------------------------------------------------------------------------------------------------------------
OPCo Cons. ELIM & ADJ OPCo Corp. COCCo SOCCo WCCo
--------------------------------------------------------------------------------------------------------------------------------
CASH FLOWS - OPERATING ACTIVITIES:
Consolidated Net Income 147,445,368 (7,133,891) 147,445,368 (7,244,116) 6,919,078 7,458,929
Adj. to Recon. N/I to Cash Flow:
Depreciation & Amortization 178,793,020 -- 166,651,116 -- 11,843,052 298,852
Transition Asset Amortization 73,330,383 -- 73,330,383 -- -- --
Prov for Def Income Taxes (net) 215,832,825 -- 38,140,205 52,697,230 93,461,992 31,533,398
Def Invest Tax Credits (net) (3,288,192) -- (3,288,192) -- -- --
AFUDC - Equity (29,564) -- (29,564) -- -- --
Equity/Undist. Subs. Earnings -- 7,076,903 (7,076,903) -- -- --
Decrease (Increase) in: -- --
Accounts Receivable (net) 51,638,892 (95,830,305) 38,094,700 24,446,881 77,144,091 7,783,525
Fuel, Materials & Supplies 4,852,315 (484) (16,380,122) 6,363,327 10,850,099 4,019,495
Accrued Utility Revenues 263,690 -- 263,690 -- -- --
Incr (Decr) in Accounts Payable 9,886,755 93,583,724 (61,734,458) (2,483,625) (14,538,337) (4,940,549)
COLI Tax -- -- -- -- -- --
Mark to Market trading (59,833,000) (59,833,000) -- -- -- --
Other Oper. Items Assets (Sch 1) 84,091,540 84,091,540 -- -- -- --
Other Oper. Items Liab. (Sch 1) (616,228,265) (22,011,475) (118,799,449) (124,876,953) (265,235,090) (85,305,298)
------------ ----------- ------------ ------------ ------------ -----------
NET CASH PROVIDED (USED) OPERATING 86,755,767 (56,988) 256,616,774 (51,097,256) (79,555,115) (39,151,648)
------------ ----------- ------------ ------------ ------------ -----------
CASH FLOWS - INVESTING ACTIVITIES:
Plant & Property Additions:
Gross Additions to Utility Plant (343,796,191) -- (343,708,149) -- (88,042) --
Other Gross Additions (804,446) -- (804,446) -- -- --
------------ ----------- ------------ ------------ ------------ -----------
Total Gross Additions (344,600,637) -- (344,512,595) -- (88,042) --
AFUDC - Equity 29,564 -- 29,564 -- -- --
------------ ----------- ------------ ------------ ------------ -----------
Cash Used Plant & Prop. Adds (344,571,073) -- (344,483,031) -- (88,042) --
Invest in Subs - Equity & Debt 171,928 (62,471,092) 62,643,020 -- -- --
Proceeds - Sales of Property 16,583,079 -- 2,738,469 637,454 12,577,938 629,218
Proceeds - Sale & Leaseback Trans 23,420 -- 23,420 -- -- --
Other Investing Activities (32,115,000) -- (32,115,000) -- -- --
------------ ----------- ------------ ------------ ------------ -----------
NET CASH PROVIDED (USED) INVESTING (359,907,646) (62,471,092) (311,193,122) 637,454 12,489,896 629,218
------------ ----------- ------------ ------------ ------------ -----------
CASH FLOWS - FINANCING ACTIVITIES:
Proceeds from Issuances of:
Capital Contributions from Parent -- 62,458,786 -- 7,244,234 (62,247,041) (7,455,979)
Common Stock -- 12,306 -- (6,900) (5,000) (406)
Preferred Stock -- -- -- -- -- --
Long-term Debt 300,000,000 -- 300,000,000 -- -- --
Short-term Debt (net) -- -- -- -- -- --
Change in Money Pool 392,699,157 -- 133,023,307 43,021,738 171,619,082 45,035,030
------------ ----------- ------------ ------------ ------------ -----------
Total Issuances 692,699,157 62,471,092 433,023,307 50,259,072 109,367,041 37,578,645
Cash Paid To Retire:
Preferred Stock -- -- -- -- -- --
Long-term Debt (297,858,040) -- (255,351,672) -- (42,506,368) --
------------ ----------- ------------ ------------ ------------ -----------
Total Retirements (297,858,040) -- (255,351,672) -- (42,506,368) --
Dividends Paid on Common Stock (142,975,781) 56,988 (142,975,781) (2,951) (252) (53,785)
Dividends Paid on Preferred Stock (1,258,738) -- (1,258,738) -- -- --
------------ ----------- ------------ ------------ ------------ -----------
NET CASH PROVIDED (USED) FINANCING 250,606,598 62,528,080 33,437,116 50,256,121 66,860,421 37,524,860
------------ ----------- ------------ ------------ ------------ -----------
NET INCREASE (DECREASE) IN CASH (22,545,281) -- (21,139,232) (203,681) (204,798) (997,570)
CASH AT BEGINNING OF PERIOD 31,392,958 -- 29,986,909 203,681 204,798 997,570
------------ ----------- ------------ ------------ ------------ -----------
CASH AT END OF PERIOD 8,847,677 -- 8,847,677 -- -- --
============ =========== ============ ============ ============ ===========
CASH PAID DURING THE PERIOD FOR:
INTEREST (net of ABFUDC) 94,746,680 532,395 91,699,176 20 2,515,089 --
INCOME TAXES (State & Federal) (22,416,867) -- 63,456,300 (32,665,192) (20,345,675) (32,862,300)
NONCASH INVESTING ACTIVITIES:
Utility Assets - Capital Lease 2,284,894 -- 2,284,894 -- -- --
Non-Utility plant-Capital Lease 95,168 -- 95,168 -- -- --
SWEPCo Consolidated STATEMENT OF CASH FLOWS
PERIOD ENDING DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------
SWEPCO
Consolidated Eliminations SWEPCO Dolet Hills
------------------------------------------------------------------------------------------------------------------
CASH FLOWS FROM OPERATING ACTIVITIES:
1. Consolidated Net Income 89,366,586 (1,632,379) 89,366,586 1,632,379
Adjustments to Reconcile Net Income to Net Cash
Provided by Operating Activities:
2.Depreciation, Depletion and Amortization. 121,814,226 -- 116,137,240 5,676,986
3.Provision for Deferred Income Taxes (net). (31,396,485) -- (31,396,485) --
4.Deferred Investment Tax Credits (net) (4,452,888) -- (4,452,888) --
5.Allowance for Equity Funds Used During Con. (571,968) -- (571,968) --
6.Equity in Undistributed Earnings of Subsidiary -- 699,591 (699,591) --
7.Decrease (Increase) in:
Accounts Receivable (net).. (9,992,291) 5,316,724 (4,109,151) (11,199,864)
Fuel, Materials and Supplies .. (15,806,843) 3,771,537 (10,761,798) (8,816,582)
Accrued Utility Revenues . -- -- -- --
Increase (Decrease) in Accounts Payable (34,490,432) (2,482,208) (34,718,535) 2,710,311
Mark to Market (3,472,000) (3,472,000) -- --
Other Operating Items Assets (See Schedule 1.) 28,353,924 28,353,924 -- --
Other Operating Items Liabilities (See Schedule 1.) 30,259,223 7,689,013 50,305,328 (27,735,118)
------------ ------------ ------------ ------------
Net Cash Provided (Used) By Operating Activities 169,611,052 38,244,202 169,098,738 (37,731,888)
CASH FLOWS FROM INVESTING ACTIVITIES:
Plant and Property Additions:
9. Gross Additions to Utility Plant. (112,296,858) 46,240,598 (111,486,266) (47,051,190)
10. Gross Other Additions . (411,540) -- (411,540) --
------------ ------------ ------------ ------------
Total Gross Additions . . . (112,708,398) 46,240,598 (111,897,806) (47,051,190)
11. Allowance for Equity Funds Used During Con. 571,968 -- 571,968 --
------------ ------------ ------------ ------------
Cash Used for Plant and Property Additions. (112,136,430) 46,240,598 (111,325,838) (47,051,190)
12.Investments in Associated Companies Equity/Debt (85,716,367) -- (85,716,367) --
13.Proceeds from Sales of Property -- -- -- --
14.Proceeds from Sale and Leaseback Transaction -- -- -- --
15.Other Investing Activities. -- -- -- --
------------ ------------ ------------ ------------
Net Cash Provided (Used) By Investing Activities (197,852,797) 46,240,598 (197,042,205) (47,051,190)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuances of:
16. Capital Contributions from (returned to) Parent -- (25,210,449) -- 25,210,449
17. Common Stock. -- -- -- --
18. Cumulative Preferred Stock. -- -- -- --
19. Long-term Debt. -- -- -- --
20. Advances to/from Affiliates (Money Pool) (net). 106,786,869 (60,505,918) 106,786,869 60,505,918
21.Short-term Debt (net) -- -- -- --
------------ ------------ ------------ ------------
Total Issuances . 106,786,869 (85,716,367) 106,786,869 85,716,367
Cash Paid to Retire: -- -- -- --
22. Cumulative Preferred Stocks . -- -- -- --
23. Long-term Debt. (595,000) -- (595,000) --
Total Retirements (595,000) -- (595,000) --
24.Dividends Paid on Common Stock. (74,212,088) 932,788 (74,212,088) (932,788)
25.Dividends Paid on Preferred Stocks. (229,055) -- (229,055) --
------------ ------------ ------------ ------------
Net Cash Provided (Used) By Financing 31,750,726 (84,783,579) 31,750,726 84,783,579
26.Effect on Foreign Exchange Rate on Cash -- -- -- --
27.NET INCREASE (DECREASE) IN CASH 3,508,981 (298,779) 3,807,259 501
28.Cash and Cash Equivalents at Beginning of Period 1,906,269 -- 1,906,269 --
------------ ------------ ------------ ------------
29.Cash and Cash Equivalents at End of Period. 5,415,250 (298,779) 5,713,528 501
============ ============ ============ ============
Supplemental Disclosure:
Cash Paid During the Period For:
30. Interest (net of Allowance for Borrowed Funds -- -- -- --
Used During Construction) 51,125,534 -- 51,125,534 --
31. Income Taxes. 49,176,363 -- 49,176,363 --
Noncash Investing Activities: -- -- -- --
32. Utility Plant Acquired Under Capital Lease -- -- -- --
33. Nonutility Plant Acquired Under Capital Leases -- -- -- --
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------
AEP AEP APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS AEP CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 3,090,051,634.74 (2,491,773,799.19) 3,090,051,634.74 120,583,783.72
Preferred Stock Dividend Req of Subsidiaries (9,773,227.84) (9,773,227.84)
Net Income (Loss) 980,601,520.95 (1,016,383,354.79) 970,828,267.06 161,818,276.05
NET INCOME (LOSS) 970,828,293.11 (1,026,156,582.63) 970,828,267.06 161,818,276.05
TOTAL 4,060,879,927.85 (3,517,930,381.82) 4,060,879,901.80 282,402,059.77
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 395,322,373.48 0.00 (129,594,120.04)
Div Declrd - Common - NonAssoc (773,168,114.38) 0.00 (773,168,114.40) 0.00
DIVIDEND DECLARED ON COMMON (773,168,114.38) 395,322,373.48 (773,168,114.40) (129,594,120.04)
Dividends Decl-Preferred Stock 0.00 8,063,107.29 0.00 (1,442,542.51)
DIVIDEND DECLARED ON PREFERRED 0.00 8,063,107.29 0.00 (1,442,542.51)
ADJUSTMENT RETAINED EARNINGS 8,410,267.03 (5,889,426.06 8,410,267.03 (568,747.08)
TOTAL DEDUCTIONS (764,757,847.35) 397,496,234.71 (764,757,847.37) (131,605,409.63)
BALANCE AT END OF PERIOD 3,296,122,080.50 (3,120,434,147.11) 3,296,122,054.43 150,796,650.14
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------
CSPCO I&M
DESCRIPTION CONSOLIDATED CONSOLIDATED KEPCO KGPCO
-------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 99,068,911.36 3,443,259.42 57,513,179.25 5,219,330.67
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 161,876,319.67 75,787,950.62 21,564,540.76 3,406,249.26
NET INCOME (LOSS) 161,876,319.67 75,787,950.62 21,564,540.76 3,406,249.26
TOTAL 260,945,231.03 79,231,210.04 79,077,720.01 8,625,579.93
DEDUCTIONS:
Div Declrd - Common Stk - Asso (82,952,077.76) 0.00 (30,244,395.60) (2,743,998.80)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (82,952,077.76) 0.00 (30,244,395.60) (2,743,998.80)
Dividends Decl-Preferred Stock (875,000.00) (4,486,826.58) 0.00 0.00
DIVIDEND DECLARED ON PREFERRED (875,000.00) (4,486,826.58) 0.00 0.00
ADJUSTMENT RETAINED EARNINGS (1,015,380.36) (139,113.86) 0.00 0.00
TOTAL DEDUCTIONS (84,842,458.12) (4,625,940.44) (30,244,395.60) (2,743,998.80)
BALANCE AT END OF PERIOD 176,102,772.91 74,605,269.60 48,833,324.41 5,881,581.13
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
OPCO
DESCRIPTION CONSOLIDATED WPCO AEGCO AEPSC CCCO
------------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 398,086,502.58 8,721,597.74 9,722,442.59 0.00 0.00
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 147,445,368.28 4,068,001.66 7,874,666.12 0.00 0.00
NET INCOME (LOSS) 147,445,368.28 4,068,001.66 7,874,666.12 0.00 0.00
TOTAL 545,531,870.86 12,789,599.40 17,597,108.71 0.00 0.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso (142,975,781.28) (2,976,000.00) (3,836,000.00) 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (142,975,781.28) (2,976,000.00) (3,836,000.00) 0.00 0.00
Dividends Decl-Preferred Stock (1,258,738.20) 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED (1,258,738.20) 0.00 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 0.00
TOTAL DEDUCTIONS (144,234,519.48) (2,976,000.00) (3,836,000.00) 0.00 0.00
BALANCE AT END OF PERIOD 401,297,351.38 9,813,599.40 13,761,108.71 0.00 0.00
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------------------
AEPINV
DESCRIPTION FRECO IFRI AEPPM AEPES CONSOLIDATED
-----------------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 19,968.85 0.00 (152.00) (40,438,374.55) (10,179,671.03)
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 0.00 0.00 (221.34) 82,224,895.12 306,122.97
NET INCOME (LOSS) 0.00 0.00 (221.34) 82,224,895.12 306,122.97
TOTAL 19,968.85 0.00 (373.34) 41,786,520.57 (9,873,548.06)
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 0.00 0.00
Dividends Decl-Preferred Stock 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 0.00
TOTAL DEDUCTIONS 0.00 0.00 0.00 0.00 0.00
BALANCE AT END OF PERIOD 19,968.85 0.00 (373.34) 41,786,520.57 (9,873,548.06)
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------
AEPR AEPC CSW
DESCRIPTION CONSOLIDATED AEPPRO CONSOLIDATED CONSOLIDATED
-------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR (32,737,617.48) (5,092,242.82) (40,389,865.31) 1,918,345,472.81
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) (62,841,782.06) 292,589.16 (34,836,439.82) 476,791,903.32
NET INCOME (LOSS) (62,841,782.06) 292,589.16 (34,836,439.82) 476,791,903.32
TOTAL (95,579,399.54) (4,799,653.66) (75,226,305.13) 2,395,137,376.13
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00 (0.00)
Div Declrd - Common - NonAssoc 0.02 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.02 0.00 0.00 (0.00)
Dividends Decl-Preferred Stock 0.00 0.00 0.00 (0.00)
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 (0.00)
ADJUSTMENT RETAINED EARNINGS (10.01) 0.00 0.00 7,612,497.37
TOTAL DEDUCTIONS (9.99) 0.00 0.00 7,612,497.37
BALANCE AT END OF PERIOD (95,579,409.53) (4,799,653.66) (75,226,305.13) 2,402,749,873.50
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------------------
AEPC&I MESA LP
DESCRIPTION CONSOLIDATED AEP T&D SVC AEPTEXASGP CONSOLIDATED
----------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 0.00 0.00 0.00 0.00
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) (3,267,095.65) (76,815.33) (1,855.40) 0.00
NET INCOME (LOSS) (3,267,095.65) (76,815.33) (1,855.40) 0.00
TOTAL (3,267,095.65) (76,815.33) (1,855.40) 0.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 0.00
Dividends Decl-Preferred Stock 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00
TOTAL DEDUCTIONS 0.00 0.00 0.00 0.00
BALANCE AT END OF PERIOD (3,267,095.65) (76,815.33) (1,855.40) 0.00
AMERICAN ELECTRIC POWER COMPANY, INC.
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------
MUTUALENER AEPCOAL
DESCRIPTION CONSOLIDATED CONSOLIDATED AEPRELLC
----------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 0.00 0.00 (112,726.61)
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) (8,082,292.23) 634,548.00 (111,480.25)
NET INCOME (LOSS) (8,082,292.23) 634,548.00 (111,480.25)
TOTAL (8,082,292.23) 634,548.00 (224,206.86)
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00
Dividends Decl-Preferred Stock 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00
TOTAL DEDUCTIONS 0.00 0.00 0.00
BALANCE AT END OF PERIOD (8,082,292.23) 634,548.00 (224,206.86)
CENTRAL AND SOUTHWEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------------
CSW CSW
DESCRIPTION CONSOLIDATED ELIMINATIONS CSW CPL
-----------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 1,918,345,472.81 (1,256,423,407.83) 1,918,345,472.81 792,218,830.15
NET INCOME (LOSS) 476,791,903.32 (498,776,456.36) 482,171,465.22 182,277,198.63
TOTAL 2,395,137,376.13 (1,755,199,864.19) 2,400,516,938.03 974,496,028.78
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 341,709,105.76 0.00 (148,057,007.28)
Div Declrd - Common - NonAssoc 0.00 6,000,000.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 347,709,105.76 0.00 (148,057,007.28)
Dividends Decl-Preferred Stock (0.00) 787,399.21 0.00 (241,551.21)
DIVIDEND DECLARED ON PREFERRED (0.00) 787,399.21 0.00 (241,551.21)
ADJUSTMENT RETAINED EARNINGS 7,612,497.37 (263,915,920.47) 7,612,497.37 0.00
TOTAL DEDUCTIONS 7,612,497.37 84,580,584.50 7,612,497.37 (148,298,558.49)
BALANCE AT END OF PERIOD 2,402,749,873.50 (1,670,619,279.69) 2,408,129,435.40 826,197,470.29
CENTRAL AND SOUTHWEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
--------------------------------------------------------------------------------------------------------------------
SWEPCO
DESCRIPTION PSO CONSOLIDATED WTU SEEBOARD
--------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 137,688,382.92 293,989,298.21 122,587,707.55 0.00
NET INCOME (LOSS) 57,758,861.10 89,366,585.98 12,310,608.61 88,118,636.00
TOTAL 195,447,244.02 383,355,884.19 134,898,316.16 88,118,636.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso (52,240,069.04) (74,212,088.20) (28,823,941.24) (14,376,000.00)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (52,240,069.04) (74,212,088.20) (28,823,941.24) (14,376,000.00)
Dividends Decl-Preferred Stock (212,636.56) (229,054.64) (104,156.80) 0.00
DIVIDEND DECLARED ON PREFERRED (212,636.56) (229,054.64) (104,156.80) 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 266,870,320.00
TOTAL DEDUCTIONS (52,452,705.60) (74,441,142.84) (28,928,098.04) 252,494,320.00
BALANCE AT END OF PERIOD 142,994,538.42 308,914,741.35 105,970,218.12 340,612,956.00
CENTRAL AND SOUTHWEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
--------------------------------------------------------------------------------------------------------------------
DESCRIPTION CSWI CSWE ENERSHOP CSWL
--------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 0.00 0.00 (15,982,836.34) 2,341,433.64
NET INCOME (LOSS) 47,714,208.00 64,831,183.00 (1,977,153.03) (6,205,074.68)
TOTAL 47,714,208.00 64,831,183.00 (17,959,989.37) (3,863,641.04)
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00 (24,000,000.00)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 (6,000,000.00)
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 (30,000,000.00)
Dividends Decl-Preferred Stock 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS (26,523,231.00) 50,774,430.00 0.00 0.00
TOTAL DEDUCTIONS (26,523,231.00) 50,774,430.00 0.00 (30,000,000.00)
BALANCE AT END OF PERIOD 21,190,977.00 115,605,613.00 (17,959,989.37) (33,863,641.04)
CENTRAL AND SOUTHWEST CORPORATION
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
------------------------------------------------------------------------------------------------------------------------------
C3 COMM CSWESI REPHLD
DESCRIPTION CONSOLIDATED CONSOLIDATED CSWPWRMKT CONSOLIDATED AEP CREDIT
------------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR (52,904,933.90) (23,514,474.40) 0.00 0.00 0.00
NET INCOME (LOSS) (42,926,774.08) (23,649,237.55) 0.00 (1,427,746.05) 27,205,598.53
TOTAL (95,831,707.98) (47,163,711.95) 0.00 (1,427,746.05) 27,205,598.53
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00 0.00 0.00
Dividends Decl-Preferred Stock 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00 (27,205,598.53)
TOTAL DEDUCTIONS 0.00 0.00 0.00 0.00 (27,205,598.53)
BALANCE AT END OF PERIOD (95,831,707.98) (47,163,711.95) 0.00 (1,427,746.05) 0.00
APPALACHIAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------------------------------
APCO APCO
DESCRIPTION CONSOLIDATED ELIMINATIONS APCO CACCO
-----------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 120,583,783.72 (512,507.73) 120,583,783.72 283,081.00
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 161,818,276.05 (631,382.86) 161,818,276.05 24,022.00
NET INCOME (LOSS) 161,818,276.05 (631,382.86) 161,818,276.05 24,022.00
TOTAL 282,402,059.77 (1,143,890.59) 282,402,059.77 307,103.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso (129,594,120.04) 0.00 (129,594,120.04) 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (129,594,120.04) 0.00 (129,594,120.04) 0.00
Dividends Decl-Preferred Stock (1,442,542.51) 0.00 (1,442,542.51) 0.00
DIVIDEND DECLARED ON PREFERRED (1,442,542.51) 0.00 (1,442,542.51) 0.00
ADJUSTMENT RETAINED EARNINGS (568,747.08) 0.00 (568,747.08) 0.00
TOTAL DEDUCTIONS (131,605,409.63) 0.00 (131,605,409.63) 0.00
BALANCE AT END OF PERIOD 150,796,650.14 (1,143,890.59) 150,796,650.14 307,103.00
APPALACHIAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-----------------------------------------------------------------------------------------
DESCRIPTION CECCO SACCO WVPCO
-----------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR (215,115.32) 379,092.00 65,450.05
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 100,307.00 500,201.00 6,852.86
NET INCOME (LOSS) 100,307.00 500,201.00 6,852.86
TOTAL (114,808.32) 879,293.00 72,302.91
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 0.00 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 0.00 0.00
Dividends Decl-Preferred Stock 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00
TOTAL DEDUCTIONS 0.00 0.00 0.00
BALANCE AT END OF PERIOD (114,808.32) 879,293.00 72,302.91
COLUMBUS SOUTHERN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------
CSPCO CSPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS CSPCO
----------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 99,068,911.36 (1,967,703.05) 99,068,911.36
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 161,876,319.67 (164,783.61) 161,876,318.67
NET INCOME (LOSS) 161,876,319.67 (164,783.61) 161,876,318.67
TOTAL 260,945,231.03 (2,132,486.66) 260,945,230.03
DEDUCTIONS:
Div Declrd - Common Stk - Asso (82,952,077.76) 199,999.91 (82,952,077.76)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (82,952,077.76) 199,999.91 (82,952,077.76)
Dividends Decl-Preferred Stock (875,000.00) 0.00 (875,000.00)
DIVIDEND DECLARED ON PREFERRED (875,000.00) 0.00 (875,000.00)
ADJUSTMENT RETAINED EARNINGS (1,015,380.36) 0.00 (1,015,380.36)
TOTAL DEDUCTIONS (84,842,458.12) 199,999.91 (84,842,458.12)
BALANCE AT END OF PERIOD 176,102,772.91 (1,932,486.75) 176,102,771.91
COLUMBUS SOUTHERN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------
DESCRIPTION COLM CCPC SIMCO
-------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 843,734.71 1,029,983.00 93,985.34
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 3,446.84 70,000.00 91,337.77
NET INCOME (LOSS) 3,446.84 70,000.00 91,337.77
TOTAL 847,181.55 1,099,983.00 185,323.11
DEDUCTIONS:
Div Declrd - Common Stk - Asso (100,000.01) 0.00 (99,999.90)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (100,000.01) 0.00 (99,999.90)
Dividends Decl-Preferred Stock 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00
TOTAL DEDUCTIONS (100,000.01) 0.00 (99,999.90)
BALANCE AT END OF PERIOD 747,181.54 1,099,983.00 85,323.21
INDIANA MICHIGAN POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------------------------------------
I&M I&M
DESCRIPTION CONSOLIDATED ELIMINATIONS I&M BHCCO PRCCO
-------------------------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 3,443,259.42 (15,140,513.44) 3,443,259.42 15,140,513.44 0.00
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 75,787,950.62 (996,352.00) 75,787,950.62 996,352.00 0.00
NET INCOME (LOSS) 75,787,950.62 (996,352.00) 75,787,950.62 996,352.00 0.00
TOTAL 79,231,210.04 (16,136,865.44) 79,231,210.04 16,136,865.44 0.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso 0.00 6,300,042.61 0.00 (6,300,042.61) 0.00
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON 0.00 6,300,042.61 0.00 (6,300,042.61) 0.00
Dividends Decl-Preferred Stock (4,486,826.58) 0.00 (4,486,826.58) 0.00 0.00
DIVIDEND DECLARED ON PREFERRED (4,486,826.58) 0.00 (4,486,826.58) 0.00 0.00
ADJUSTMENT RETAINED EARNINGS (139,113.86) 0.00 (139,113.86) 0.00 0.00
TOTAL DEDUCTIONS (4,625,940.44) 6,300,042.61 (4,625,940.44) (6,300,042.61) 0.00
BALANCE AT END OF PERIOD 74,605,269.60 (9,836,822.83) 74,605,269.60 9,836,822.83 0.00
OHIO POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------
OPCO OPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS OPCO
----------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 398,086,502.58 (26,499,341.00) 398,086,502.58
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) 147,445,368.28 (7,133,891.00) 147,445,368.28
NET INCOME (LOSS) 147,445,368.28 (7,133,891.00) 147,445,368.28
TOTAL 545,531,870.86 (33,633,232.00) 545,531,870.86
DEDUCTIONS:
Div Declrd - Common Stk - Asso (142,975,781.28) 56,988.00 (142,975,781.28)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (142,975,781.28) 56,988.00 (142,975,781.28)
Dividends Decl-Preferred Stock (1,258,738.20) 0.00 (1,258,738.20)
DIVIDEND DECLARED ON PREFERRED (1,258,738.20) 0.00 (1,258,738.20)
ADJUSTMENT RETAINED EARNINGS 0.00 33,576,244.00 0.00
TOTAL DEDUCTIONS (144,234,519.48) 33,633,232.00 (144,234,519.48)
BALANCE AT END OF PERIOD 401,297,351.38 0.00 401,297,351.38
OHIO POWER COMPANY
AND SUBSIDIARY COMPANIES
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
-------------------------------------------------------------------------------------------------
DESCRIPTION COCCO SOCCO WCCO
-------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 2,833.00 26,445,673.00 50,835.00
Preferred Stock Dividend Req of Subsidiaries
Net Income (Loss) (7,244,116.00) 6,919,078.00 7,458,929.00
NET INCOME (LOSS) (7,244,116.00) 6,919,078.00 7,458,929.00
TOTAL (7,241,283.00) 33,364,751.00 7,509,764.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso (2,951.00) (252.00) (53,785.00)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (2,951.00) (252.00) (53,785.00)
Dividends Decl-Preferred Stock 0.00 0.00 0.00
DIVIDEND DECLARED ON PREFERRED 0.00 0.00 0.00
ADJUSTMENT RETAINED EARNINGS 7,244,234.00 (33,364,499.00) (7,455,979.00)
TOTAL DEDUCTIONS 7,241,283.00 (33,364,751.00) (7,509,764.00)
BALANCE AT END OF PERIOD 0.00 0.00 0.00
SOUTHWESTERN ELECTRIC POWER COMPANY
CONSOLIDATING STATEMENT OF RETAINED EARNINGS
YEAR TO DATE THROUGH DECEMBER 31, 2001
----------------------------------------------------------------------------------------------------------------
SWEPCO SWEPCO
DESCRIPTION CONSOLIDATED ELIMINATIONS SWEPCO DOLETHILLS
----------------------------------------------------------------------------------------------------------------
BALANCE AT BEGINNING OF YEAR 293,989,298.21 0.00 293,989,298.21 0.00
NET INCOME (LOSS) 89,366,585.98 (1,632,379.00) 89,366,585.98 1,632,379.00
TOTAL 383,355,884.19 (1,632,379.00) 383,355,884.19 1,632,379.00
DEDUCTIONS:
Div Declrd - Common Stk - Asso (74,212,088.20) 932,788.00 (74,212,088.20) (932,788.00)
Div Declrd - Common - NonAssoc 0.00 0.00 0.00 0.00
DIVIDEND DECLARED ON COMMON (74,212,088.20) 932,788.00 (74,212,088.20) (932,788.00)
Dividends Decl-Preferred Stock (229,054.64) 0.00 (229,054.64) 0.00
DIVIDEND DECLARED ON PREFERRED (229,054.64) 0.00 (229,054.64) 0.00
ADJUSTMENT RETAINED EARNINGS 0.00 0.00 0.00 0.00
TOTAL DEDUCTIONS (74,441,142.84) 932,788.00 (74,441,142.84) (932,788.00)
BALANCE AT END OF PERIOD 308,914,741.35 (699,591.00) 308,914,741.35 699,591.00
Notes to Consolidating Financial Statements.
Notes to financial statements are incorporated herein by reference to the 2001
Annual Report on Form 10-K filed by the respective companies reporting to the
Securities and Exchange Commission pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934.
OHIO VALLEY ELECTRIC CORPORATION
STATEMENT OF INCOME
YEAR ENDED DECEMBER 31, 2001
(in thousands)
(UNAUDITED)
OPERATING REVENUES. . . . . . . . . . . . . . . . . . . $318,132
--------
OPERATING EXPENSES:
Fuel. . . . . . . . . . . . . . . . . . . . . . . . . 81,311
Purchased Power . . . . . . . . . . . . . . . . . . . 170,344
Other Operation . . . . . . . . . . . . . . . . . . . 24,498
Maintenance . . . . . . . . . . . . . . . . . . . . . 20,527
Depreciation. . . . . . . . . . . . . . . . . . . . . 11,034
Taxes Other Than Federal Income Taxes . . . . . . . . 2,857
Federal Income Taxes. . . . . . . . . . . . . . . . . 657
--------
TOTAL OPERATING EXPENSES. . . . . . . . . . . 311,228
--------
OPERATING INCOME. . . . . . . . . . . . . . . . . . . . 6,904
NONOPERATING INCOME . . . . . . . . . . . . . . . . . . 308
--------
INCOME BEFORE INTEREST CHARGES. . . . . . . . . . . . . 7,212
INTEREST CHARGES. . . . . . . . . . . . . . . . . . . . 5,025
--------
NET INCOME. . . . . . . . . . . . . . . . . . . . . . . $ 2,187
========
OHIO VALLEY ELECTRIC CORPORATION
STATEMENT OF RETAINED EARNINGS
YEAR ENDED DECEMBER 31, 2001
(in thousands)
(UNAUDITED)
RETAINED EARNINGS JANUARY 1 . . . . . . . . . . . . . . $1,933
NET INCOME. . . . . . . . . . . . . . . . . . . . . . . 2,187
CASH DIVIDENDS DECLARED . . . . . . . . . . . . . . . . 2,200
------
RETAINED EARNINGS DECEMBER 31 . . . . . . . . . . . . . $1,920
======
OHIO VALLEY ELECTRIC CORPORATION
BALANCE SHEET
DECEMBER 31, 2001
(in thousands)
(UNAUDITED)
ASSETS
ELECTRIC UTILITY PLANT:
Electric Plant (at cost). . . . . . . . . . . . . . . $312,978
Construction Work in Progress . . . . . . . . . . . . 34,084
--------
Total Electric Utility Plant. . . . . . . . . 347,062
Accumulated Depreciation and Amortization . . . . . . 302,400
--------
NET ELECTRIC UTILITY PLANT. . . . . . . . . . 44,662
--------
INVESTMENTS AND OTHER . . . . . . . . . . . . . . . . . 70,073
--------
CURRENT ASSETS:
Cash and Cash Equivalents . . . . . . . . . . . . . . 13,794
Investments Held by Trustee . . . . . . . . . . . . . 194,735
Accounts Receivable . . . . . . . . . . . . . . . . . 25,639
Coal in Storage - at average cost . . . . . . . . . . 8,269
Materials and Supplies - at average cost. . . . . . . 9,473
Prepayments and Other . . . . . . . . . . . . . . . . 3,205
--------
TOTAL CURRENT ASSETS. . . . . . . . . . . . . 255,115
--------
FUTURE FEDERAL INCOME TAX BENEFITS. . . . . . . . . . . 27,127
--------
REGULATORY ASSETS . . . . . . . . . . . . . . . . . . . 45,404
--------
TOTAL . . . . . . . . . . . . . . . . . . . $442,381
========
OHIO VALLEY ELECTRIC CORPORATION
BALANCE SHEET
DECEMBER 31, 2001
(in thousands)
(UNAUDITED)
CAPITALIZATION AND LIABILITIES
SHAREHOLDERS' EQUITY:
Common Stock - Par Value $100:
Authorized - 300,000 Shares
Outstanding - 100,000 Shares. . . . . . . . . . . . $ 10,000
Retained Earnings . . . . . . . . . . . . . . . . . . 1,920
--------
Total Shareowners' Equity . . . . . . . . . . 11,920
Long-term Debt - Notes Payable. . . . . . . . . . . . 332,734
--------
TOTAL CAPITALIZATION. . . . . . . . . . . . . 344,654
--------
CURRENT LIABILITIES:
Long-term Debt Due Within One Year. . . . . . . . . . 8,369
Accounts Payable. . . . . . . . . . . . . . . . . . . 20,526
Taxes Accrued . . . . . . . . . . . . . . . . . . . . 6,268
Interest Accrued and Other. . . . . . . . . . . . . . 3,249
--------
TOTAL CURRENT LIABILITIES . . . . . . . . . . 38,412
--------
INVESTMENT TAX CREDITS. . . . . . . . . . . . . . . . . 10,610
--------
POSTRETIREMENT BENEFIT OBLIGATION . . . . . . . . . . . 25,030
--------
AMOUNTS DUE TO CUSTOMERS FOR FEDERAL INCOME TAXES . . . 17,263
--------
OTHER REGULATORY LIABILITIES AND DEFERRED CREDITS . . . 6,412
--------
TOTAL . . . . . . . . . . . . . . . . . . . $442,381
========
OHIO VALLEY ELECTRIC CORPORATION
STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2001
(in thousands)
(UNAUDITED)
OPERATING ACTIVITIES:
Net Income. . . . . . . . . . . . . . . . . . . . . $ 2,187
Adjustments for Noncash Items:
Depreciation. . . . . . . . . . . . . . . . . . . 11,034
Future Federal Income Tax Benefits. . . . . . . . (5,273)
Changes in Certain Current Assets and Liabilities:
Accounts Receivable . . . . . . . . . . . . . . 14,036
Coal, Materials and Supplies. . . . . . . . . . (4,063)
Accounts Payable. . . . . . . . . . . . . . . . 11,238
Accrued Taxes . . . . . . . . . . . . . . . . . (4,858)
Other (net) . . . . . . . . . . . . . . . . . . . 1,498
---------
Net Cash Flows From Operating Activities . . . 25,799
---------
INVESTING ACTIVITIES:
Construction Expenditures . . . . . . . . . . . . . (36,273)
Purchase of Investments . . . . . . . . . . . . . . (194,735)
Advances from Sponsoring Companies. . . . . . . . . 198
Advances to Subsidiary. . . . . . . . . . . . . . . (22,903)
---------
Net Cash Flows Used For Investing Activities . (253,713)
---------
FINANCING ACTIVITIES:
Issuance of Long-term Debt. . . . . . . . . . . . . 294,107
Retirement of Long-term Debt. . . . . . . . . . . . (13,946)
Change in Short-term Debt . . . . . . . . . . . . . (40,000)
Dividends Paid. . . . . . . . . . . . . . . . . . . (2,200)
---------
Net Cash Flows From Financing Activities . . . 237,961
---------
Net Increase in Cash and Cash Equivalents . . . . . 10,047
Cash and Cash Equivalents January 1 . . . . . . . . 3,747
---------
Cash and Cash Equivalents December 31 . . . . . . . $ 13,794
=========
Supplemental Disclosure:
Interest Paid (net of capitalized amounts). . . . . $6,522
======
Income Taxes Paid . . . . . . . . . . . . . . . . . $5,672
======
Untitled
EXHIBIT A
Incorporation by Reference
Form 10K
Annual Report
Year File Number
AEP 2001 1-3525
AEGCo 2001 0-18135
APCo 2001 1-3457
CPL 2001 0-346
CSP 2001 1-2680
I&M 2001 1-3570
KPCo 2001 1-6858
OPCo 2001 1-6543
PSO 2001 0-343
SWEPCo 2001 1-3146
WTU 2001 0-340
EXHIBIT INDEX (Exhibits B&C)
Certain of the following exhibits, designated with an asterisk(*), are
filed herewith. The exhibits not so designated have heretofore been filed with
the Commission and, pursuant to 17 C.F.R. 229.10(d) and 240.12b-32, are
incorporated herein by reference to the documents indicated in brackets
following the descriptions of such exhibits. Exhibits, designated with a dagger
(&), are management contracts or compensatory plans or arrangements required to
be filed as an exhibit to this form pursuant to Item 14(c) of this report.
Exhibit Number Description
AEGCo
3(a) - Copy of Articles of Incorporation of AEGCo [Registration Statement on Form 10 for the Common
Shares of AEGCo, File No. 0-18135, Exhibit 3(a)].
3(b) - Copy of the Code of Regulations of AEGCo (amended as of June 15, 2000) [Annual Report on Form
10-K of AEGCo for the fiscal year ended December 31, 2000, File No. 0-18135, Exhibit 3(b)].
10(a) - Copy of Capital Funds Agreement dated as of December 30, 1988 between AEGCo and AEP
[Registration Statement No. 33-32752, Exhibit 28(a)].
10(b)(1) - Copy of Unit Power Agreement dated as of March 31, 1982 between AEGCo and I&M, as amended
[Registration Statement No. 33-32752, Exhibits 28(b)(1)(A) and 28(b)(1)(B)].
10(b)(2) - Copy of Unit Power Agreement, dated as of August 1, 1984, among AEGCo, I&M and KEPCo
[Registration Statement No. 33-32752, Exhibit 28(b)(2)].
10(b)(3) - Copy of Agreement, dated as of October 1, 1984, among AEGCo, I&M, APCo and Virginia Electric
and Power Company [Registration Statement No. 33-32752, Exhibit 28(b)(3)].
10(c) - Copy of Lease Agreements, dated as of December 1, 1989, between AEGCo and Wilmington Trust
Company, as amended [Registration Statement No. 33-32752, Exhibits 28(c)(1)(C), 28(c)(2)(C),
28(c)(3)(C), 28(c)(4)(C), 28(c)(5)(C) and 28(c)(6)(C); Annual Report on Form 10-K of AEGCo
for the fiscal year ended December 31, 1993, File No. 0-18135, Exhibits 10(c)(1)(B),
10(c)(2)(B), 10(c)(3)(B), 10(c)(4)(B), 10(c)(5)(B) and 10(c)(6)(B)].
*13 - Copy of those portions of the AEGCo 2001 Annual Report (for the fiscal year ended December
31, 2001) which are incorporated by reference in this filing.
*24 - Power of Attorney.
AEP+
3(a) - Copy of Restated Certificate of Incorporation of AEP, dated October 29, 1997 [Quarterly
Report on Form 10-Q of AEP for the quarter ended September 30, 1997, File No. 1-3525, Exhibit
3(a)].
3(b) - Copy of Certificate of Amendment of the Restated Certificate of Incorporation of AEP, dated
January 13, 1999 [Annual Report on Form 10-K of AEP for the fiscal year ended December 31,
1998, File No. 1-3525, Exhibit 3(b)].
3(c) - Composite copy of the Restated Certificate of Incorporation of AEP, as amended [Annual Report
on Form 10-K of AEP for the fiscal year ended December 31, 1998, File No. 1-3525, Exhibit
3(c)].
3(d) - Copy of By-Laws of AEP, as amended through January 28, 1998 [Annual Report on Form 10-K of
AEP for the fiscal year ended December 31, 1997, File No. 1-3525, Exhibit 3(b)].
*4(a) - Indenture (for unsecured debt securities), dated as of May 1, 2001, between AEP and The Bank
of New York, as Trustee.
*4(b) - First Supplemental Indenture, dated as of May 1, 2001, between AEP and The Bank of New York,
as Trustee, for 6.125% Senior Notes, Series A, due May 15, 2006.
*4(c) - Second Supplemental Indenture, dated as of May 1, 2001, between AEP and The Bank of New York,
as Trustee, for 5.50% Putable Callable Notes, Series B, Putable Callable May 15, 2003.
10(a) - Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M and
with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a);
Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for
the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)].
10(b) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and
with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit
10(b)(2)].
10(c) - Copy of Lease Agreements, dated as of December 1, 1989, between AEGCo or I&M and Wilmington
Trust Company, as amended [Registration Statement No. 33-32752, Exhibits 28(c)(1)(C),
28(c)(2)(C), 28(c)(3)(C), 28(c)(4)(C), 28(c)(5)(C) and 28(c)(6)(C); Registration Statement
No. 33-32753, Exhibits 28(a)(1)(C), 28(a)(2)(C), 28(a)(3)(C), 28(a)(4)(C), 28(a)(5)(C) and
28(a)(6)(C); and Annual Report on Form 10-K of AEGCo for the fiscal year ended December 31,
1993, File No. 0-18135, Exhibits 10(c)(1)(B), 10(c)(2)(B), 10(c)(3)(B), 10(c)(4)(B),
10(c)(5)(B) and 10(c)(6)(B); Annual Report on Form 10-K of I&M for the fiscal year ended
December 31, 1993, File No. 1-3570, Exhibits 10(e)(1)(B), 10(e)(2)(B), 10(e)(3)(B),
10(e)(4)(B), 10(e)(5)(B) and 10(e)(6)(B)].
10(d) - Lease Agreement dated January 20, 1995 between OPCo and JMG Funding, Limited Partnership, and
amendment thereto (confidential treatment requested) [Annual Report on Form 10-K of OPCo for
the fiscal year ended December 31, 1994, File No. 1-6543, Exhibit 10(l)(2)].
10(e) - Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28, 1994, among
APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form 10-K of AEP
for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)].
10(f)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(f)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of AEP dated December 15, 1999, File No. 1-3525, Exhibit 10].
&10(g)(1) - AEP Deferred Compensation Agreement for certain
executive officers [Annual Report on Form 10-K of AEP
for the fiscal year ended December 31, 1985, File No.
1-3525, Exhibit 10(e)].
&10(g)(2) - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual
Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525,
Exhibit 10(d)(2)].
&10(h) - AEP Accident Coverage Insurance Plan for directors [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(g)].
&10(i)(1) - AEP Deferred Compensation and Stock Plan for Non-Employee Directors, as amended June 1, 2000
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 2000, File No.
1-3525, Exhibit 10(i)(1)].
*&10(i)(2) - AEP Stock Unit Accumulation Plan for Non-Employee Directors, as amended January 1, 2002.
&10(j)(1)(A) - AEP System Excess Benefit Plan, Amended and Restated as of January 1, 2001 [Annual Report on
Form 10-K of AEP for the fiscal year ended December
31, 2000, File No. 1-3525, Exhibit 10(j)(1)(A)].
&10(j)(1)(B) - Guaranty by AEP of the Service Corporation Excess
Benefits Plan [Annual Report on Form 10-K of AEP for
the fiscal year ended December 31, 1990, File No.
1-3525, Exhibit 10(h)(1)(B)].
&10(j)(2) - AEP System Supplemental Retirement Savings Plan, Amended and Restated as of June 1, 2001
(Non-Qualified) [Registration Statement No. 333-66048, Exhibit 4].
&10(j)(3) - Service Corporation Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)].
&10(k) - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual
Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135,
Exhibit 10(g)(3)].
&10(l) - AEP System Senior Officer Annual Incentive Compensation Plan[Annual Report on Form 10-K of
AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)].
&10(m) - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q
of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10].
&10(n) - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation,
effective March 1, 1999 [Annual Report on Form 10-K of AEP for the fiscal year ended December
31, 1998, File No. 1-3525, Exhibit 10(o)].
*&10(o) - AEP Change In Control Agreement.
&10(p) - AEP System 2000 Long-Term Incentive Plan [Proxy Statement of AEP, March 10, 2000].
&10(q) - Memorandum of agreement between Susan Tomasky and the Service Corporation dated January 3,
2001 [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 2000, File No. 1-3525,
Exhibit 10(s)].
&10(r)(1) - Central and South West System Special Executive
Retirement Plan as amended and restated effective
July 1, 1997 [Annual Report on Form 10-K of CSW for
the fiscal year ended December 31, 1998, File No.
1-1443, Exhibit 18].
*&10(r)(2) - Certified CSW Board Resolution of April 18, 1991.
&10(r)(3) - CSW 1992 Long-Term Incentive Plan [Proxy Statement of CSW, March 13, 1992].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the AEP 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
*21 - List of subsidiaries of AEP.
*23(a) - Consent of Deloitte & Touche LLP.
*23(b) - Consent of Arthur Andersen LLP.
*23(c) - Consent of KPMG Audit plc.
*24 - Power of Attorney.
APCo+
3(a) - Copy of Restated Articles of Incorporation of APCo, and amendments thereto to November 4,
1993 [Registration Statement No. 33-50163, Exhibit 4(a); Registration Statement No. 33-53805,
Exhibits 4(b) and 4(c)].
3(b) - Copy of Articles of Amendment to the Restated Articles of Incorporation of APCo, dated June
6, 1994 [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1994, File
No. 1-3457, Exhibit 3(b)].
3(c) - Copy of Articles of Amendment to the Restated Articles of Incorporation of APCo, dated March
6, 1997 [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1996, File
No. 1-3457, Exhibit 3(c)].
3(d) - Composite copy of the Restated Articles of Incorporation of APCo (amended as of March 7,
1997) [Annual Report on Form 10-K of APCo for the fiscal year ended December 31, 1996, File
No. 1-3457, Exhibit 3(d)].
*3(e) - Copy of By-Laws of APCo (amended as of October 24, 2001).
4(a) - Copy of Mortgage and Deed of Trust, dated as of December 1, 1940, between APCo and Bankers
Trust Company and R. Gregory Page, as Trustees, as amended and supplemented [Registration
Statement No. 2-7289, Exhibit 7(b); Registration Statement No. 2-19884, Exhibit 2(1);
Registration Statement No. 2-24453, Exhibit 2(n); Registration Statement No. 2-60015,
Exhibits 2(b)(2), 2(b)(3), 2(b)(4), 2(b)(5),
2(b)(6), 2(b)(7), 2(b)(8), 2(b)(9), 2(b)(10),
2(b)(12), 2(b)(14), 2(b)(15), 2(b)(16), 2(b)(17),
2(b)(18), 2(b)(19), 2(b)(20), 2(b)(21), 2(b)(22),
2(b)(23), 2(b)(24), 2(b)(25), 2(b)(26), 2(b)(27) and
2(b)(28); Registration Statement No. 2-64102, Exhibit
2(b)(29); Registration Statement No. 2-66457,
Exhibits (2)(b)(30) and 2(b)(31); Registration
Statement No. 2-69217, Exhibit 2(b)(32); Registration
Statement No. 2-86237, Exhibit 4(b); Registration
Statement No. 33-11723, Exhibit 4(b); Registration
Statement No. 33-17003, Exhibit 4(a)(ii),
Registration Statement No. 33-30964, Exhibit 4(b);
Registration Statement No. 33-40720, Exhibit 4(b);
Registration Statement No. 33-45219, Exhibit 4(b);
Registration Statement No. 33-46128, Exhibits 4(b)
and 4(c); Registration Statement No. 33-53410,
Exhibit 4(b); Registration Statement No. 33-59834,
Exhibit 4(b); Registration Statement No. 33-50229,
Exhibits 4(b) and 4(c); Registration Statement No.
33-58431, Exhibits 4(b), 4(c), 4(d) and 4(e);
Registration Statement No. 333-01049, Exhibits 4(b)
and 4(c); Registration Statement No. 333-20305,
Exhibits 4(b) and 4(c); Annual Report on Form 10-K of
APCo for the fiscal year ended December 31, 1996,
File No. 1-3457, Exhibit 4(b); Annual Report on Form
10-K of APCo for the fiscal year ended December 31,
1998, File No. 1-3457, Exhibit 4(b)].
4(b) - Indenture (for unsecured debt securities), dated as of January 1, 1998, between APCo and The
Bank of New York, As Trustee [Registration Statement No. 333-45927, Exhibit 4(a);
Registration Statement No. 333-49071, Exhibit 4(b); Registration Statement No. 333-84061,
Exhibits 4(b) and 4(c); Annual Report on Form 10-K of APCo for the fiscal year ended December
31, 1999, File No. 1-3457, Exhibit 4(c); Registration Statement No. 333-81402, Exhibits 4(b),
4(c) and 4(d)].
10(a)(1) - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America,
acting by and through the United States Atomic Energy Commission, and, subsequent to January
18, 1975, the Administrator of the Energy Research and Development Administration, as amended
[Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234,
Exhibit 5(a)(1)(B); Registration Statement No 2-66301, Exhibit 5(a)(1)(C); Registration
Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal
year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form
10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit
10(a)(1)(B)].
10(a)(2) - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the
Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c);
Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); and Annual Report on Form 10-K of
APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)].
10(a)(3) - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana-Kentucky Electric
Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)].
10(b) - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M
and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit
5(a); Registration Statement No. 2-61009, Exhibit 5(b); Annual Report on Form 10-K of AEP for
the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)].
10(c) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and
with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)].
10(d) - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28,
1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)].
10(e)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(e)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of APCo dated December 15, 1999, File No. 1-3457, Exhibit 10].
&10(f)(1) - AEP Deferred Compensation Agreement for certain
executive officers [Annual Report on Form 10-K of AEP
for the fiscal year ended December 31, 1985, File No.
1-3525, Exhibit 10(e)].
&10(f)(2) - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual
Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525,
Exhibit 10(d)(2)].
&10(g) - AEP System Senior Officer Annual Incentive Compensation Plan [Annual Report on Form 10-K of
AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)].
&10(h)(1) - AEP System Excess Benefit Plan, Amended and Restated as of January 1, 2001 [Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 2000, File No. 1-3525, Exhibit
10(j)(1)(A)].
&10(h)(2) - AEP System Supplemental Retirement Savings Plan, Amended and Restated as of January 1, 2001
(Non-Qualified) [Annual Report on Form 10-K of AEP for the fiscal year ended December 31,
2000, File No. 1-3525, Exhibit 10(j)(2)].
&10(h)(3) - Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)].
&10(i) - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual
Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135,
Exhibit 10(g)(3)].
&10(j) - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q
of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10].
&10(k) - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation,
effective March 1, 1999[Annual Report on Form 10-K of AEP for the fiscal year ended December
31, 1998, File No. 1-3525, Exhibit 10(o)].
&10(l) - AEP Change In Control Agreement [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 2001, File No. 1-3525, Exhibit 10(o)].
&10(m) - AEP System 2000 Long-Term Incentive Plan [Proxy Statement of AEP, March 10, 2000].
&10(n) - Memorandum of agreement between Susan Tomasky and the Service Corporation dated January 3,
2001 [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 2000, File No. 1-3525,
Exhibit 10(s)].
&10(o)(1) - Central and South West System Special Executive
Retirement Plan as amended and restated effective
July 1, 1997 [Annual Report on Form 10-K of CSW for
the fiscal year ended December 31, 1998, File No.
1-1443, Exhibit 18].
&10(o)(2) - Certified CSW Board Resolution of April 18, 1991
[Annual Report on Form 10-K of AEP for the fiscal
year ended December 31, 2001, File No. 1-3525,
Exhibit 10(r)(2)].
&10(o)(3) - CSW 1992 Long-Term Incentive Plan [Proxy Statement of CSW, March 13, 1992].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the APCo 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
21 - List of subsidiaries of APCo [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 2001, File No. 1-3525, Exhibit 21].
*24 - Power of Attorney.
CPL+
3(a) - Restated Articles of Incorporation Without Amendment, Articles of Correction to Restated
Articles of Incorporation Without Amendment, Articles of Amendment to Restated Articles of
Incorporation, Statements of Registered Office and/or Agent, and Articles of Amendment to the
Articles of Incorporation [Quarterly Report on Form 10-Q of CPL for the quarter ended March
31, 1997, File No. 0-346, Exhibit 3.1].
3(b) - By-Laws of CPL (amended as of April 19, 2000) [Annual Report on Form 10-K of CPL for the
fiscal year ended December 31, 2000, File No. 0-346, Exhibit 3(b)].
4(a) - Indenture of Mortgage or Deed of Trust, dated November 1, 1943, between CPL and The First
National Bank of Chicago and R. D. Manella, as Trustees, as amended and supplemented
[Registration Statement No. 2-60712, Exhibit 5.01; Registration Statement No. 2-62271,
Exhibit 2.02; Form U-1 No. 70-7003, Exhibit 17; Registration Statement No. 2-98944, Exhibit 4
(b); Form U-1 No. 70-7236, Exhibit 4; Form U-1 No. 70-7249, Exhibit 4; Form U-1 No. 70-7520,
Exhibit 2; Form U-1 No. 70-7721, Exhibit 3; Form U-1 No. 70-7725, Exhibit 10; Form U-1 No.
70-8053, Exhibit 10 (a); Form U-1 No. 70-8053, Exhibit 10 (b); Form U-1 No. 70-8053, Exhibit
10 (c); Form U-1 No. 70-8053, Exhibit 10 (d); Form U-1 No. 70-8053, Exhibit 10 (e); Form U-1
No. 70-8053, Exhibit 10 (f)].
4(b) - CPL-obligated, mandatorily redeemable preferred securities of subsidiary trust holding solely
Junior Subordinated Debentures of CPL:
(1) Indenture, dated as of May 1, 1997, between CPL and the Bank of New York, as Trustee
[Quarterly Report on Form 10-Q of CPL dated
March 31, 1997, File No. 0-346, Exhibits 4.1 and
4.2].
(2) Amended and Restated Trust Agreement of CPL
Capital I, dated as of May 1, 1997, among CPL,
as Depositor, the Bank of New York, as Property
Trustee, The Bank of New York (Delaware), as
Delaware Trustee, and the Administrative Trustee
[Quarterly Report on Form 10-Q of CPL dated
March 31, 1997, File No. 0-346, Exhibit 4.3].
(3) Guarantee Agreement, dated as of May 1, 1997,
delivered by CPL for the benefit of the holders
of CPL Capital I's Preferred Securities
[Quarterly Report on Form 10-Q of CPL dated
March 31, 1997, File No. 0-346, Exhibit 4.4].
(4) Agreement as to Expenses and Liabilities dated
as of May 1, 1997, between CPL and CPL Capital I
[Quarterly Report on Form 10-Q of CPL dated
March 31, 1997, File No. 0-346, Exhibit 4.5].
4(c) - Indenture (for unsecured debt securities), dated as of November 15, 1999, between CPL and The
Bank of New York, as Trustee, as amended and supplemented [Annual Report on Form 10-K of CPL
for the fiscal year ended December 31, 2000, File No. 0-346, Exhibits 4(c), 4(d) and 4(e)].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the CPL 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
*23(a) - Consent of Deloitte & Touche LLP.
*23(b) - Consent of Arthur Andersen LLP.
*24 - Power of Attorney.
CSPCo+
3(a) - Copy of Amended Articles of Incorporation of CSPCo, as amended to March 6, 1992 [Registration
Statement No. 33-53377, Exhibit 4(a)].
3(b) - Copy of Certificate of Amendment to Amended Articles of Incorporation of CSPCo, dated May 19,
1994 [Annual Report on Form 10-K of CSPCo for the fiscal year ended December 31, 1994, File
No. 1-2680, Exhibit 3(b)].
3(c) - Composite copy of Amended Articles of Incorporation of CSPCo, as amended [Annual Report on
Form 10-K of CSPCo for the fiscal year ended December 31, 1994, File No. 1-2680, Exhibit
3(c)].
3(d) - Copy of Code of Regulations and By-Laws of CSPCo [Annual Report on Form 10-K of CSPCo for the
fiscal year ended December 31, 1987, File No. 1-2680, Exhibit 3(d)].
4(a) - Copy of Indenture of Mortgage and Deed of Trust, dated September 1, 1940, between CSPCo and
City Bank Farmers Trust Company (now Citibank, N.A.), as trustee, as supplemented and amended
[Registration Statement No. 2-59411, Exhibits 2(B) and 2(C); Registration Statement No.
2-80535, Exhibit 4(b); Registration Statement No. 2-87091, Exhibit 4(b); Registration
Statement No. 2-93208, Exhibit 4(b); Registration Statement No. 2-97652, Exhibit 4(b);
Registration Statement No. 33-7081, Exhibit 4(b); Registration Statement No. 33-12389,
Exhibit 4(b); Registration Statement No. 33-19227, Exhibits 4(b), 4(e), 4(f), 4(g) and 4(h);
Registration Statement No. 33-35651, Exhibit 4(b); Registration Statement No. 33-46859,
Exhibits 4(b) and 4(c); Registration Statement No. 33-50316, Exhibits 4(b) and 4(c);
Registration Statement No. 33-60336, Exhibits 4(b), 4(c) and 4(d); Registration Statement No.
33-50447, Exhibits 4(b) and 4(c); Annual Report on Form 10-K of CSPCo for the fiscal year
ended December 31, 1993, File No. 1-2680, Exhibit 4(b)].
4(b) - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between
CSPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-54025, Exhibits
4(a), 4(b), 4(c) and 4(d); Annual Report on Form 10-K of CSPCo for the fiscal year ended
December 31, 1998, File No. 1-2680, Exhibits 4(c) and 4(d)].
10(a)(1) - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America,
acting by and through the United States Atomic Energy Commission, and, subsequent to January
18, 1975, the Administrator of the Energy Research and Development Administration, as amended
[Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234,
Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration
Statement No. 2-67728, Exhibit 5(a)(1)(B); Annual Report on Form 10-K of APCo for the fiscal
year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form
10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit
10(a)(1)(B)].
10(a)(2) - Copy of Inter-Company Power Agreement, dated July 10, 1953, among OVEC and the Sponsoring
Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration
Statement No. 2-67728, Exhibit 5(a)(3)(B); and Annual Report on Form 10-K of APCo for the
fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)].
10(a)(3) - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana-Kentucky Electric
Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)].
10(b) - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, OPCo and I&M
and the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit 5(a);
Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP for
the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)].
10(c) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo, and
with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit
10(b)(2)].
10(d) - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28,
1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)].
10(e)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(e)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of CSPCo dated December 15, 1999, File No. 1-2680, Exhibit 10].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the CSPCo 2001 Annual Report (for the fiscal year ended December
31, 2001) which are incorporated by reference in this filing.
*23 - Consent of Deloitte & Touche LLP.
*24 - Power of Attorney.
I&M+
3(a) - Copy of the Amended Articles of Acceptance of I&M
and amendments thereto [Annual Report on Form 10-K of
I&M for fiscal year ended December 31, 1993, File No.
1-3570, Exhibit 3(a)].
3(b) - Copy of Articles of Amendment to the Amended Articles of Acceptance of I&M, dated March 6,
1997 [Annual Report on Form 10-K of I&M for fiscal year ended December 31, 1996, File No.
1-3570, Exhibit 3(b)].
3(c) - Composite Copy of the Amended Articles of Acceptance of I&M (amended as of March 7, 1997)
[Annual Report on Form 10-K of I&M for the fiscal year ended December 31, 1996, File No.
1-3570, Exhibit 3(c)].
*3(d) - Copy of the By-Laws of I&M (amended as of November 28, 2001).
4(a) - Copy of Mortgage and Deed of Trust, dated as of June 1, 1939, between I&M and Irving Trust
Company (now The Bank of New York) and various individuals, as Trustees, as amended and
supplemented [Registration Statement No. 2-7597, Exhibit 7(a); Registration Statement No.
2-60665, Exhibits 2(c)(2), 2(c)(3), 2(c)(4), 2(c)(5), 2(c)(6), 2(c)(7), 2(c)(8), 2(c)(9),
2(c)(10), 2(c)(11), 2(c)(12), 2(c)(13), 2(c)(14), 2(c)(15), (2)(c)(16), and 2(c)(17);
Registration Statement No. 2-63234, Exhibit 2(b)(18); Registration Statement No. 2-65389,
Exhibit 2(a)(19); Registration Statement No. 2-67728, Exhibit 2(b)(20); Registration
Statement No. 2-85016, Exhibit 4(b); Registration Statement No. 33-5728, Exhibit 4(c);
Registration Statement No. 33-9280, Exhibit 4(b); Registration Statement No. 33-11230,
Exhibit 4(b); Registration Statement No. 33-19620, Exhibits 4(a)(ii), 4(a)(iii), 4(a)(iv) and
4(a)(v); Registration Statement No. 33-46851, Exhibits 4(b)(i), 4(b)(ii) and 4(b)(iii);
Registration Statement No. 33-54480, Exhibits 4(b)(I) and 4(b)(ii); Registration Statement
No. 33-60886, Exhibit 4(b)(I); Registration Statement No. 33-50521, Exhibits 4(b)(I),
4(b)(ii) and 4(b)(iii); Annual Report on Form 10-K of I&M for the fiscal year ended December
31, 1993, File No. 1-3570, Exhibit 4(b); Annual Report on Form 10-K of I&M for the fiscal
year ended December 31, 1994, File No. 1-3570, Exhibit 4(b); Annual Report on Form 10-K of
I&M for the fiscal year ended December 31, 1996, File No. 1-3570, Exhibit 4(b)].
4(b) - Copy of Indenture (for unsecured debt securities), dated as of October 1, 1998, between I&M
and The Bank of New York, as Trustee [Registration Statement No. 333-88523, Exhibits 4(a),
4(b) and 4(c); Registration Statement No. 58656, Exhibits 4(b) and 4(c)].
* 4(c) - Copy of Company Order and Officers' Certificate, dated December 12, 2001, establishing
certain terms of the 6.125% Notes, Series C, due 2006.
10(a)(1) - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America,
acting by and through the United States Atomic Energy Commission, and, subsequent to January
18, 1975, the Administrator of the Energy Research and Development Administration, as amended
[Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234,
Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration
Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal
year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); and Annual Report on Form
10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit
10(a)(1)(B)].
10(a)(2) - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the
Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c);
Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo
for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)].
10(a)(3) - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana-Kentucky Electric
Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)].
10(a)(4) - Copy of Inter-Company Power Agreement, dated as of July 10, 1953, among OVEC and the
Sponsoring Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c);
Registration Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo
for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)].
10(a)(5) - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana-Kentucky Electric
Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)].
10(b) - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M, and
OPCo and with the Service Corporation, as amended [Registration Statement No. 2-52910,
Exhibit 5(a); Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)].
10(c) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and
with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit
10(b)(2)].
10(d) - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28,
1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form
10-K of AEP for the fiscal year ended December 1, 1996, File No. 1-3525, Exhibit 10(l)].
10(e) - Copy of Nuclear Material Lease Agreement, dated as of December 1, 1990, between I&M and DCC
Fuel Corporation [Annual Report on Form 10-K of I&M for the fiscal year ended December 31,
1993, File No. 1-3570, Exhibit 10(d)].
10(f) - Copy of Lease Agreements, dated as of December 1, 1989, between I&M and Wilmington Trust
Company, as amended [Registration Statement No. 33-32753, Exhibits 28(a)(1)(C), 28(a)(2)(C),
28(a)(3)(C), 28(a)(4)(C), 28(a)(5)(C) and 28(a)(6)(C); Annual Report on Form 10-K of I&M for
the fiscal year ended December
31, 1993, File No. 1-3570, Exhibits 10(e)(1)(B), 10(e)(2)(B), 10(e)(3)(B), 10(e)(4)(B),
10(e)(5)(B) and 10(e)(6)(B)].
10(g)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(g)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of I&M dated December 15, 1999, File No. 1-3570, Exhibit 10].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the I&M 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
21 - List of subsidiaries of I&M [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 2001, File No. 1-3525, Exhibit 21].
*23 - Consent of Deloitte & Touche LLP.
*24 - Power of Attorney.
KEPCo+
3(a) - Copy of Restated Articles of Incorporation of KEPCo [Annual Report on Form 10-K of KEPCo for
the fiscal year ended December 31, 1991, File No. 1-6858, Exhibit 3(a)].
3(b) - Copy of By-Laws of KEPCo (amended as of June 15, 2000) [Annual Report on Form 10-K of KEPCo
for the fiscal year ended December 31, 2000, File No. 1-6858, Exhibit 3(b)].
4(a) - Copy of Mortgage and Deed of Trust, dated May 1, 1949, between KEPCo and Bankers Trust
Company, as supplemented and amended [Registration Statement No. 2-65820, Exhibits 2(b)(1),
2(b)(2), 2(b)(3), 2(b)(4), 2(b)(5), and 2(b)(6); Registration Statement No. 33-39394,
Exhibits 4(b) and 4(c); Registration Statement No. 33-53226, Exhibits 4(b) and 4(c);
Registration Statement No. 33-61808, Exhibits 4(b) and 4(c), Registration Statement No.
33-53007, Exhibits 4(b), 4(c) and 4(d)].
4(b) - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between
KEPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-75785, Exhibits
4(a), 4(b), 4(c) and 4(d); Annual Report on Form 10-K of KEPCo for the fiscal year ended
December 31, 1999, File No. 1-6858, Exhibit 4(c); Annual Report on Form 10-K of KEPCo for the
fiscal year ended December 31, 2000, File No. 1-6858, Exhibit 4(c)].
10(a) - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M and OPCo
and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit
5(a);Registration Statement No. 2-61009, Exhibit 5(b); and Annual Report on Form 10-K of AEP
for the fiscal year ended December 31, 1990, File No. 1-3525, Exhibit 10(a)(3)].
10(b) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and
with the Service Corporation as agent, as amended [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(b); and Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit
10(b)(2)].
10(c) - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28,
1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)].
10(d)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, By and Among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(d)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of KEPCo dated December 15, 1999, File No. 1-6858, Exhibit 10].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the KEPCo 2001 Annual Report (for the fiscal year ended December
31, 2001) which are incorporated by reference in this filing.
*24 - Power of Attorney.
OPCo+
3(a) - Copy of Amended Articles of Incorporation of OPCo, and amendments thereto to December 31,
1993 [Registration Statement No. 33-50139, Exhibit 4(a); Annual Report on Form 10-K of OPCo
for the fiscal year ended December 31, 1993, File No. 1-6543, Exhibit 3(b)].
3(b) - Certificate of Amendment to Amended Articles of Incorporation of OPCo, dated May 3, 1994
[Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1994, File No.
1-6543, Exhibit 3(b)].
3(c) - Copy of Certificate of Amendment to Amended Articles of Incorporation of OPCo, dated March 6,
1997 [Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1996, File
No. 1-6543, Exhibit 3(c)].
3(d) - Composite copy of the Amended Articles of Incorporation of OPCo (amended as of March 7, 1997)
[Annual Report on Form 10-K of OPCo for the fiscal year ended December 31, 1996, File No.
1-6543, Exhibit 3(d)].
3(e) - Copy of Code of Regulations of OPCo [Annual Report on Form 10-K of OPCo for the fiscal year
ended December 31, 1990, File No. 1-6543, Exhibit 3(d)].
4(a) - Copy of Mortgage and Deed of Trust, dated as of October 1, 1938, between OPCo and
Manufacturers Hanover Trust Company (now Chemical Bank), as Trustee, as amended and
supplemented [Registration Statement No. 2-3828, Exhibit B-4; Registration Statement No.
2-60721, Exhibits 2(c)(2), 2(c)(3), 2(c)(4), 2(c)(5), 2(c)(6), 2(c)(7), 2(c)(8), 2(c)(9),
2(c)(10), 2(c)(11), 2(c)(12), 2(c)(13), 2(c)(14), 2(c)(15), 2(c)(16), 2(c)(17), 2(c)(18),
2(c)(19), 2(c)(20), 2(c)(21), 2(c)(22), 2(c)(23), 2(c)(24), 2(c)(25), 2(c)(26), 2(c)(27),
2(c)(28), 2(c)(29), 2(c)(30), and 2(c)(31); Registration Statement No. 2-83591, Exhibit 4(b);
Registration Statement No. 33-21208, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv); Registration
Statement No. 33-31069, Exhibit 4(a)(ii); Registration Statement No. 33-44995, Exhibit
4(a)(ii); Registration Statement No. 33-59006, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv);
Registration Statement No. 33-50373, Exhibits 4(a)(ii), 4(a)(iii) and 4(a)(iv); Annual Report
on Form 10-K of OPCo for the fiscal year ended December 31, 1993, File No. 1-6543, Exhibit
4(b)].
4(b) - Copy of Indenture (for unsecured debt securities), dated as of September 1, 1997, between
OPCo and Bankers Trust Company, as Trustee [Registration Statement No. 333-49595, Exhibits
4(a), 4(b) and 4(c); Annual Report on Form 10-K of OPCo for the fiscal year ended December
31, 1998, File No. 1-6543, Exhibits 4(c) and 4(d); Annual Report on Form 10-K of OPCo for the
fiscal year ended December 31, 1999, File No. 1-6543, Exhibits 4(c) and 4(d); Annual Report
on Form 10-K of OPCo for the fiscal year ended December 31, 2000, File No. 1-6543, Exhibit
4(c)].
10(a)(1) - Copy of Power Agreement, dated October 15, 1952, between OVEC and United States of America,
acting by and through the United States Atomic Energy Commission, and, subsequent to January
18, 1975, the Administrator of the Energy Research and Development Administration, as amended
[Registration Statement No. 2-60015, Exhibit 5(a); Registration Statement No. 2-63234,
Exhibit 5(a)(1)(B); Registration Statement No. 2-66301, Exhibit 5(a)(1)(C); Registration
Statement No. 2-67728, Exhibit 5(a)(1)(D); Annual Report on Form 10-K of APCo for the fiscal
year ended December 31, 1989, File No. 1-3457, Exhibit 10(a)(1)(F); Annual Report on Form
10-K of APCo for the fiscal year ended December 31, 1992, File No. 1-3457, Exhibit
10(a)(1)(B)].
10(a)(2) - Copy of Inter-Company Power Agreement, dated July 10, 1953, among OVEC and the Sponsoring
Companies, as amended [Registration Statement No. 2-60015, Exhibit 5(c); Registration
Statement No. 2-67728, Exhibit 5(a)(3)(B); Annual Report on Form 10-K of APCo for the fiscal
year ended December 31, 1992, File No. 1-3457, Exhibit 10(a)(2)(B)].
10(a)(3) - Copy of Power Agreement, dated July 10, 1953, between OVEC and Indiana-Kentucky Electric
Corporation, as amended [Registration Statement No. 2-60015, Exhibit 5(e)].
10(b) - Copy of Interconnection Agreement, dated July 6, 1951, among APCo, CSPCo, KEPCo, I&M and OPCo
and with the Service Corporation, as amended [Registration Statement No. 2-52910, Exhibit
5(a); Registration Statement No. 2-61009, Exhibit 5(b); Annual Report on Form 10-K of AEP for
the fiscal year ended December 31, 1990, File 1-3525, Exhibit 10(a)(3)].
10(c) - Copy of Transmission Agreement, dated April 1, 1984, among APCo, CSPCo, I&M, KEPCo, OPCo and
with the Service Corporation as agent [Annual Report on Form 10-K of AEP for the fiscal year
ended December 31, 1985, File No. 1-3525, Exhibit 10(b); Annual Report on Form 10-K of AEP
for the fiscal year ended December 31, 1988, File No. 1-3525, Exhibit 10(b)(2)].
10(d) - Copy of Modification No. 1 to the AEP System Interim Allowance Agreement, dated July 28,
1994, among APCo, CSPCo, I&M, KEPCo, OPCo and the Service Corporation [Annual Report on Form
10-K of AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(l)].
10(e) - Copy of Amendment No. 1, dated October 1, 1973, to Station Agreement dated January 1, 1968,
among OPCo, Buckeye and Cardinal Operating Company,
and amendments thereto [Annual Report on Form 10-K of
OPCo for the fiscal year ended December 31, 1993,
File No. 1-6543, Exhibit 10(f)].
10(f) - Lease Agreement dated January 20, 1995 between OPCo and JMG Funding, Limited Partnership, and
amendment thereto (confidential treatment requested) [Annual Report on Form 10-K of OPCo for
the fiscal year ended December 31, 1994, File No. 1-6543, Exhibit 10(l)(2)].
10(g)(1) - Agreement and Plan of Merger, dated as of December 21, 1997, by and among American Electric
Power Company, Inc., Augusta Acquisition Corporation and Central and South West Corporation
[Annual Report on Form 10-K of AEP for the fiscal year ended December 31, 1997, File No.
1-3525, Exhibit 10(f)].
10(g)(2) - Amendment No. 1, dated as of December 31, 1999, to the Agreement and Plan of Merger [Current
Report on Form 8-K of OPCo dated December 15, 1999, File No. 1-6543, Exhibit 10].
&10(h)(1) - AEP Deferred Compensation Agreement for certain executive officers [Annual Report on Form
10-K of OPCo for the fiscal year ended December 31, 1985, File No. 1-3525, Exhibit 10(e)].
&10(h)(2) - Amendment to AEP Deferred Compensation Agreement for certain executive officers [Annual
Report on Form 10-K of AEP for the fiscal year ended December 31, 1986, File No. 1-3525,
Exhibit 10(d)(2)].
&10(i) - AEP System Senior Officer Annual Incentive Compensation Plan [Annual Report on Form 10-K of
AEP for the fiscal year ended December 31, 1996, File No. 1-3525, Exhibit 10(i)(1)].
&10(j)(1) - AEP System Excess Benefit Plan, Amended and Restated as of January 1, 2001 [Annual Report on
Form 10-K of AEP for the fiscal year ended December 31, 2000, File No. 1-3525, Exhibit
10(j)(1)(A)].
&10(j)(2) - AEP System Supplemental Retirement Savings Plan, Amended and Restated as of January 1, 2001
(Non-Qualified) [Annual Report on Form 10-K of AEP for the fiscal year ended December 31,
2000, File No. 1-3525, Exhibit 10(j)(2)].
&10(j)(3) - Umbrella Trust for Executives [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 1993, File No. 1-3525, Exhibit 10(g)(3)].
&10(k) - Employment Agreement between E. Linn Draper, Jr. and AEP and the Service Corporation [Annual
Report on Form 10-K of AEGCo for the fiscal year ended December 31, 1991, File No. 0-18135,
Exhibit 10(g)(3)].
&10(l) - AEP System Survivor Benefit Plan, effective January 27, 1998 [Quarterly Report on Form 10-Q
of AEP for the quarter ended September 30, 1998, File No. 1-3525, Exhibit 10].
&10(m) - AEP Senior Executive Severance Plan for Merger with Central and South West Corporation,
effective March 1, 1999[Annual Report on Form 10-K of AEP for the fiscal year ended December
31, 1998, File No. 1-3525, Exhibit 10(o)].
&10(n) - AEP Change In Control Agreement [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 2001, File No. 1-3525, Exhibit 10(o)].
&10(o) - AEP System 2000 Long-Term Incentive Plan [Proxy Statement of AEP, March 10, 2000].
&10(p) - Memorandum of agreement between Susan Tomasky and the Service Corporation dated January 3,
2001 [Annual Report on Form 10-K of AEP for the
fiscal year ended December 31, 2000, File No. 1-3525,
Exhibit 10(s)].
&10(q)(1) - Central and South West System Special Executive
Retirement Plan as amended and restated effective
July 1, 1997 [Annual Report on Form 10-K of CSW for
the fiscal year ended December 31, 1998, File No.
1-1443, Exhibit 18].
&10(q)(2) - Certified CSW Board Resolution of April 18, 1991
[Annual Report on Form 10-K of AEP for the fiscal
year ended December 31, 2001, File No. 1-3525,
Exhibit 10(r)(2)].
&10(q)(3) - CSW 1992 Long-Term Incentive Plan [Proxy Statement of CSW, March 13, 1992].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the OPCo 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
21 - List of subsidiaries of OPCo [Annual Report on Form 10-K of AEP for the fiscal year ended
December 31, 2001, File No. 1-3525, Exhibit 21].
*23 - Consent of Deloitte & Touche LLP.
*24 - Power of Attorney.
PSO+
3(a) - Restated Certificate of Incorporation of PSO
[Annual Report on Form U5S of Central and South West
Corporation for the fiscal year ended December 31,
1996, File No. 1-1443, Exhibit B-3.1].
3(b) - By-Laws of PSO (amended as of June 28, 2000) [Annual Report on Form 10-K of PSO for the
fiscal year ended December 31, 2000, File No. 0-343, Exhibit 3(b)].
4(a) - Indenture, dated July 1, 1945, between PSO and Liberty Bank and Trust Company of Tulsa,
National Association, as Trustee, as amended and supplemented [Registration Statement No.
2-60712, Exhibit 5.03; Registration Statement No. 2-64432, Exhibit 2.02; Registration
Statement No. 2-65871, Exhibit 2.02; Form U-1 No. 70-6822, Exhibit 2; Form U-1 No. 70-7234,
Exhibit 3; Registration Statement No. 33-48650, Exhibit 4(b); Registration Statement No.
33-49143, Exhibit 4(c); Registration Statement No. 33-49575, Exhibit 4(b); Annual Report on
Form 10-K of PSO for the fiscal year ended December 31, 1993, File No. 0-343, Exhibit 4(b);
Current Report on Form 8-K of PSO dated March 4, 1996, No. 0-343, Exhibit 4.01; Current
Report on Form 8-K of PSO dated March 4, 1996, No. 0-343, Exhibit 4.02; Current Report on
Form 8-K of PSO dated March 4, 1996, No. 0-343, Exhibit 4.03].
4(b) - PSO-obligated, mandatorily redeemable preferred securities of subsidiary trust holding solely
Junior Subordinated Debentures of PSO:
(1) Indenture, dated as of May 1, 1997, between PSO and The Bank of New York, as Trustee
[Quarterly Report on Form 10-Q of PSO dated
March 31, 1997, File No. 0-343, Exhibits 4.6 and
4.7].
(2) Amended and Restated Trust Agreement of PSO
Capital I, dated as of May 1, 1997, among PSO,
as Depositor, The Bank of New York, as Property
Trustee, The Bank of New York (Delaware), as
Delaware Trustee, and the Administrative Trustee
[Quarterly Report on Form 10-Q of PSO dated
March 31, 1997, File No. 0-343, Exhibit 4.8].
(3) Guarantee Agreement, dated as of May 1, 1997,
delivered by PSO for the benefit of the holders
of PSO Capital I's Preferred Securities
[Quarterly Report on Form 10-Q of PSO dated
March 31, 1997, File No. 0-343, Exhibits 4.9].
(4) Agreement as to Expenses and Liabilities, dated
as of May 1, 1997, between PSO and PSO Capital I
[Quarterly Report on Form 10-Q of PSO dated
March 31, 1997, File No. 0-343, Exhibits 4.10].
4(c) - Indenture (for unsecured debt securities), dated as of November 1, 2000, between PSO and The
Bank of New York, as Trustee [Annual Report on Form 10-K of PSO for the fiscal year ended
December 31, 2000, File No. 0-343, Exhibits 4(c) and 4(d)]
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the PSO 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
*23(a) - Consent of Deloitte & Touche LLP.
*23(b) - Consent of Arthur Andersen LLP.
*24 - Power of Attorney.
SWEPCo+
3(a) - Restated Certificate of Incorporation, as amended through May 6, 1997, including Certificate
of Amendment of Restated Certificate of Incorporation [Quarterly Report on Form 10-Q of
SWEPCo for the quarter ended March 31, 1997, File No. 1-3146, Exhibit 3.4].
3(b) - By-Laws of SWEPCo (amended as of April 27, 2000) [Quarterly Report on Form 10-Q of SWEPCo for
the quarter ended March 31, 2000, File No. 1-3146, Exhibit 3.3].
4(a) - Indenture, dated February 1, 1940, between SWEPCo and Continental Bank, National Association
and M. J. Kruger, as Trustees, as amended and supplemented [Registration Statement No.
2-60712, Exhibit 5.04; Registration Statement No. 2-61943, Exhibit 2.02; Registration
Statement No. 2-66033, Exhibit 2.02; Registration Statement No. 2-71126, Exhibit 2.02;
Registration Statement No. 2-77165, Exhibit 2.02; Form U-1 No. 70-7121, Exhibit 4; Form U-1
No. 70-7233, Exhibit 3; Form U-1 No. 70-7676, Exhibit 3; Form U-1 No. 70-7934, Exhibit 10;
Form U-1 No. 72-8041, Exhibit 10(b); Form U-1 No. 70-8041, Exhibit 10(c); Form U-1 No.
70-8239, Exhibit 10(a)].
4(b) - SWEPCO-obligated, mandatorily redeemable preferred securities of subsidiary trust holding
solely Junior Subordinated Debentures of SWEPCo:
(1) Indenture, dated as of May 1, 1997, between SWEPCo and the Bank of New York, as Trustee
[Quarterly Report on Form 10-Q of SWEPCo dated
March 31, 1997, File No. 1-3146, Exhibits 4.11
and 4.12].
(2) Amended and Restated Trust Agreement of SWEPCo
Capital I, dated as of May 1, 1997, among
SWEPCo, as Depositor, the Bank of New York, as
Property Trustee, The Bank of New York
(Delaware), as Delaware Trustee, and the
Administrative Trustee [Quarterly Report on Form
10-Q of SWEPCo dated March 31, 1997, File No.
1-3146, Exhibit 4.13].
(3) Guarantee Agreement, dated as of May 1, 1997,
delivered by SWEPCo for the benefit of the
holders of SWEPCo Capital I's Preferred
Securities [Quarterly Report on Form 10-Q of
SWEPCo dated March 31, 1997, File No. 1-3146,
Exhibit 4.14].
(4) Agreement as to Expenses and Liabilities, dated
as of May 1, 1997 between SWEPCo and SWEPCo
Capital I [Quarterly Report on Form 10-Q of
SWEPCo dated March 31, 1997, File No. 1-3146,
Exhibits 4.15].
4(c) - Indenture (for unsecured debt securities), dated as of February 4, 2000, between SWEPCo and
The Bank of New York, as Trustee [Annual Report on Form 10-K of SWEPCo for the fiscal year
ended December 31, 2000, File No. 1-3146, Exhibits 4(c) and 4(d)].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the SWEPCo 2001 Annual Report (for the fiscal year ended December
31, 2001) which are incorporated by reference in this filing.
*23(a) - Consent of Deloitte & Touche LLP.
*23(b) - Consent of Arthur Andersen LLP.
*24 - Power of Attorney.
WTU+
3(a) - Restated Articles of Incorporation, as amended, and Articles of Amendment to the Articles of
Incorporation [Annual Report on Form 10-K of WTU for the fiscal year ended December 31, 1996,
File No. 0-340, Exhibit 3.5].
3(b) - By-Laws of WTU (amended as of May 1, 2000) [Quarterly Report on Form 10-Q of WTU for the
quarter ended March 31, 2000, File No. 0-340, Exhibit 3.4].
4(a) - Indenture, dated August 1, 1943, between WTU and Harris Trust and Savings Bank and J.
Bartolini, as Trustees, as amended and supplemented [Registration Statement No. 2-60712,
Exhibit 5.05; Registration Statement No. 2-63931, Exhibit 2.02; Registration Statement No.
2-74408, Exhibit 4.02; Form U-1 No. 70-6820, Exhibit 12; Form U-1 No. 70-6925, Exhibit 13;
Registration Statement No. 2-98843, Exhibit 4(b); Form U-1 No. 70-7237, Exhibit 4; Form U-1
No. 70-7719, Exhibit 3; Form U-1 No. 70-7936, Exhibit 10; Form U-1 No. 70-8057, Exhibit 10;
Form U-1 No. 70-8265, Exhibit 10; Form U-1 No. 70-8057, Exhibit 10(b); Form U-1 No. 70-8057,
Exhibit 10(c)].
*12 - Statement re: Computation of Ratios.
*13 - Copy of those portions of the WTU 2001 Annual Report (for the fiscal year ended December 31,
2001) which are incorporated by reference in this filing.
*24 - Power of Attorney.
-------------------------------------
+Certain instruments defining the rights of holders of long-term debt of the
registrants included in the financial statements of registrants filed herewith
have been omitted because the total amount of securities authorized thereunder
does not exceed 10% of the total assets of registrants. The registrants hereby
agree to furnish a copy of any such omitted instrument to the SEC upon request.
EXHIBIT D
AMERICAN ELECTRIC POWER COMPANY, INC. AND
ITS CONSOLIDATED AFFILIATES
TAX AGREEMENT UNDER TITLE 17, CHAPTER II
OF THE CODE OF FEDERAL REGULATIONS PARAGRAPH
(C) OF SECTION 250.45 REGARDING METHOD OF
ALLOCATING CONSOLIDATED INCOME TAXES
The below listed affiliated companies, joining in the annual filing of
a consolidated federal income tax return with American Electric Power
Company, Inc., agree to allocate the consolidated annual net current federal
income tax liability and/or benefit to the members of the consolidated group
in accordance with the following procedures:
( 1) The consolidated regular federal income tax,
exclusive of capital gains and preference taxes and
before the application of general business credits
including foreign tax credits, shall be apportioned
among the members of the consolidated group based on
corporate taxable income. Loss companies shall be
included in the allocation, receiving a negative tax
allocation which is similar to a separate return
carryback refund, before considering general business
credits, which would have resulted had the loss
company historically filed a separate return.
( 2) The corporate taxable income of each member of the
group shall be first reduced by its proportionate
share of American Electric Power Company, Inc.'s (the
holding company) tax loss (excluding the effects of
extraordinary items which do not apply to the
regulated business) in arriving at adjusted corporate
taxable income for each member of the group with
positive taxable income.
( 3) To the extent that the consolidated and corporate
taxable incomes include material items taxed at rates
other than the statutory tax rate (such as capital
gains and preference items), the portion of the
consolidated tax attributable to these items shall be
apportioned directly to the members of the group
giving rise to such items.
( 4) General business credits, other tax credits, and
foreign tax credits shall be equitably allocated to
those members whose investments or contributions
generates the tax credit.
( 5) If the tax credits can not be entirely utilized to
offset the consolidated tax liability, the tax credit
carryover shall be equitably allocated to those
members whose investments or contributions generated
the credit.
( 6) Should the consolidated group generate a net
operating tax loss for a calendar year, the tax
benefits of any resultant carryback refund shall be
allocated proportionately to member companies that
generated corporate tax losses in the year the
consolidated net operating loss was generated. Any
related loss of general business credits, shall be
allocated to the member companies that utilized the
credits in the prior year in the same proportion that
the credit lost is to the total credit utilized in
the prior year. A consolidated net operating tax
loss carryfoward shall be allocated proportionately
to member companies that generated the original tax
losses that gave rise to the consolidated net
operating tax loss carryforward.
( 7) A member with a net positive tax allocation shall pay
the holding company the net amount allocated, while a
tax loss member with a net negative tax allocation
shall receive current payment from the holding
company in the amount of its negative allocation.
The payment made to a member with a tax loss should
equal the amount by which the consolidated tax is
reduced by including the member's net corporate tax
loss in the consolidated tax return. The holding
company shall pay to the Internal Revenue Service the
consolidated group's net current federal income tax
liability from the net of the receipts and payments.
( 8) No member of the consolidated group shall be
allocated a federal income tax which is greater than
the federal income tax computed as if such member had
filed a separate return.
( 9) In the event the consolidated tax liability is
subsequently revised by Internal Revenue Service
audit adjustments, amended returns, claims for
refund, or otherwise, such changes shall be allocated
in the same manner as though the adjustments on which
they are based had formed part of the original
consolidated return using the tax allocation
agreement which was in effect at that time.
Any current state tax liability and/or benefit associated with a state
tax return involving more than one member of the consolidated group, shall be
allocated to such members following the principles set forth above for
current federal income taxes. Due to certain states utilizing a unitary
approach, the consolidated return liability may exceed the sum of the
liabilities computed for each company on a separate return basis. If this
occurs, the excess of the consolidated liability over the sum of the separate
return liabilities shall be allocated proportionally based on each member's
contribution to the consolidated apportionment percentage. If additional tax
is attributable to a significant transaction or event, such additional tax
shall be allocated directly to the members who are party to said transaction
or event.
This agreement is subject to revision as a result of changes in federal
and state tax law and relevant facts and circumstances.
The above procedures for apportioning the consolidated annual net
current federal and state tax liabilities and expenses of American Electric
Power Company, Inc. and its consolidating affiliates have been agreed to by
each of the below listed members of the consolidated group as evidenced by
the signature of an officer of each company.
COMPANY OFFICER'S SIGNATURE
-------------------------------------------------- -------------------
American Electric Power Company, Inc. /S/William L. Scott
-------------------
American Electric Power Service Corporation /S/William L. Scott
-------------------
AEP C&I Company, LLC /S/Timothy A. King
------------------
AEP Coal, Inc. /S/Timothy A. King
------------------
AEP Communications, Inc. /S/William L. Scott
-------------------
AEP Communications, LLC /S/Jeffrey D. Cross
-------------------
AEP Credit, Inc. /S/William L. Scott
-------------------
AEP Delaware Investment Company /S/Mark A. Pyle
---------------
AEP Delaware Investment Company II /S/Mark A. Pyle
---------------
AEP Delaware Investment Company III /S/Mark A. Pyle
---------------
AEP Elmwood LLC /S/Timothy A. King
------------------
AEP EmTech LLC /S/Timothy A. King
------------------
AEP Energy Services, Inc. /S/William L. Scott
-------------------
AEP Energy Services Gas Holding Company /S/Mark A. Pyle
---------------
AEP Energy Services Gas Holdings II LLC /S/Mark A. Pyle
---------------
AEP Energy Services Investments, Inc. /S/Mark A. Pyle
---------------
AEP Energy Services Ventures, Inc. /S/Mark A. Pyle
---------------
AEP Energy Services Ventures II, Inc. /S/Mark A. Pyle
---------------
AEP Energy Services Ventures III, Inc. /S/Mark A. Pyle
---------------
AEP Fiber Ventures, LLC /S/Timothy A. King
------------------
AEP Gas Marketing LP /S/Mark A. Pyle
---------------
AEP Gas Power GP, LLC /S/Timothy A. King
------------------
AEP Generating Company /S/William L. Scott
-------------------
AEP Indian Mesa GP, LLC /S/Timothy A. King
------------------
AEP Indian Mesa LP, LLC /S/Timothy A. King
------------------
AEP Investments, Inc. /S/William L. Scott
-------------------
AEP Kentucky Coal, LLC /S/Timothy A. King
------------------
AEP MEMCO LLC /S/Timothy A. King
------------------
AEP Ohio Coal, LLC /S/Timothy A. King
------------------
AEP Ohio Commercial & Industrial Retail Co. /S/Timothy A. King
------------------
AEP Ohio Retail Energy, LLC /S/Jeffrey D. Cross
-------------------
AEP Power Marketing, Inc. /S/Jeffrey D. Cross
-------------------
AEP Pro Serv, Inc. /S/William L. Scott
-------------------
AEP Resources, Inc. /S/William L. Scott
-------------------
AEP Resources Australia Holdings Pty, Ltd. /S/Jeffrey D. Cross
-------------------
AEP Resources Australia Pty, Ltd. /S/Timothy A. King
------------------
AEP Resources Limited /S/Jeffrey D. Cross
-------------------
AEP Resources Services, LLC /S/Timothy A. King
------------------
AEP Retail Energy, LLC /S/Jeffrey D. Cross
-------------------
AEP T & D Services, LLC /S/Timothy A. King
------------------
AEP Texas Commercial & Industrial Retail GP /S/Timothy A. King
------------------
AEP Texas POLR, LLC /S/Timothy A. King
------------------
AEP Texas POLR GP, LLC /S/Timothy A. King
------------------
AEP West Virginia Coal, Inc. /S/Timothy A. King
------------------
AEP Wind GP, LLC /S/Timothy A. King
------------------
AEP Wind LP, LLC /S/Timothy A. King
------------------
Appalachian Power Company /S/William L. Scott
-------------------
Ash Creek Mining Company /S/William L. Scott
-------------------
Blackhawk Coal Company /S/William L. Scott
-------------------
Cedar Coal Company /S/William L. Scott
-------------------
Central and South West Corporation /S/William L. Scott
-------------------
Central Appalachian Coal Company /S/William L. Scott
-------------------
Central Coal Company /S/William L. Scott
-------------------
Central Ohio Coal Company /S/William L. Scott
-------------------
Central Power and Light Company /S/William L. Scott
-------------------
Colomet, Inc. /S/William L. Scott
-------------------
Columbus Southern Power Company /S/William L. Scott
-------------------
Conesville Coal Preparation Company /S/William L. Scott
-------------------
Conlease, Inc. /S/Timothy A. King
------------------
C3 Communications, Inc. /S/William L. Scott
------------------
C3 Networks GP, LLC /S/Timothy A. King
------------------
CSW Development-I, Inc. /S/Mark A. Pyle
---------------
CSW Development-II, Inc. /S/Mark A. Pyle
---------------
CSW Development-3, Inc. /S/Mark A. Pyle
---------------
CSW Eastex GP I, Inc. /S/Mark A. Pyle
---------------
CSW Eastex GP II, Inc. /S/Mark A. Pyle
---------------
CSW Eastex LP I, Inc. /S/Mark A. Pyle
---------------
CSW Eastex LP II, Inc. /S/Mark A. Pyle
---------------
CSW Energy, Inc. /S/William L. Scott
-------------------
CSW Energy Services, Inc. /S/William L. Scott
-------------------
CSW Frontera GP I, Inc. /S/Timothy A. King
------------------
CSW Frontera GP II, Inc. /S/Timothy A. King
------------------
CSW Frontera LP I, Inc. /S/Timothy A. King
------------------
CSW Frontera LP II, Inc. /S/Timothy A. King
------------------
CSW Ft. Lupton, Inc. /S/Mark A. Pyle
---------------
CSW International, Inc. /S/Jeffrey D. Cross
-------------------
CSW International (U.K.), Inc. /S/Mark A. Pyle
---------------
CSW International Two, Inc. /S/Mark A. Pyle
---------------
CSW International Three, Inc. /S/Mark A. Pyle
---------------
CSW Leasing, Inc. /S/William L. Scott
-------------------
CSW Mulberry, Inc. /S/Mark A. Pyle
---------------
CSW Mulberry II, Inc. /S/Mark A. Pyle
---------------
CSW Nevada, Inc. /S/Mark A. Pyle
---------------
CSW Northwest GP, Inc. /S/Mark A. Pyle
---------------
CSW Northwest LP, Inc. /S/Mark A. Pyle
---------------
CSW Orange, Inc. /S/Mark A. Pyle
---------------
CSW Orange II, Inc. /S/Mark A. Pyle
---------------
CSW Power Marketing, Inc. /S/Mark A. Pyle
--------------
CSW Services International, Inc. /S/Mark A. Pyle
---------------
CSW Sweeny GP I, Inc. /S/Mark A. Pyle
---------------
CSW Sweeny GP II, Inc. /S/Mark A. Pyle
---------------
CSW Sweeny LP I, Inc. /S/Mark A. Pyle
---------------
CSW Sweeny LP II, Inc. /S/Mark A. Pyle
---------------
CSWC Southwest Holding, Inc. /S/Mark A. Pyle
---------------
CSWC TeleChoice, Inc. /S/Mark A. Pyle
---------------
CSWC TeleChoice Management, Inc. /S/Mark A. Pyle
---------------
Datapult, LLC /S/Jeffrey D. Cross
-------------------
DECCO II, LLC /S/Mark A. Pyle
---------------
Diversified Energy Contractors Co., LLC /S/Mark A. Pyle
---------------
Dolet Hills Lignite Company, LLC /S/Jeffrey D. Cross
-------------------
Enershop, Inc. /S/Mark A. Pyle
---------------
Envirotherm, Inc. /S/Mark A. Pyle
---------------
Franklin Real Estate Company /S/William L. Scott
-------------------
Houston Pipe Line Company LP /S/Mark A. Pyle
---------------
HPL GP, LLC /S/Mark A. Pyle
---------------
HPL Holdings, Inc. /S/Mark A. Pyle
---------------
HPL Resources Company LP /S/Mark A. Pyle
---------------
Indiana Franklin Realty, Inc. /S/William L. Scott
-------------------
Indiana Michigan Power Company /S/William L. Scott
-------------------
Indian Mesa Power Partners I LP /S/Jeffrey D. Cross
-------------------
Indian Mesa Power Partners II LP /S/Jeffrey D. Cross
-------------------
Industry and Energy Associates, LLC /S/Mark A. Pyle
---------------
Kentucky Power Company /S/William L. Scott
-------------------
Kingsport Power Company /S/William L. Scott
-------------------
Latin American Energy Holding, Inc. /S/Mark A. Pyle
---------------
LIG, Inc. /S/Mark A. Pyle
---------------
LIG Chemical Company /S/Mark A. Pyle
---------------
LIG Liquids Company, LLC /S/Mark A. Pyle
---------------
LIG Pipeline Company /S/Mark A. Pyle
---------------
Louisiana Intrastate Gas Company, LLC /S/Mark A. Pyle
---------------
Mutual Energy, LLC /S/Timothy A. King
------------------
Mutual Energy CPL LP /S/Timothy A. King
------------------
Mutual Energy Service Company, LLC /S/Timothy A. King
------------------
Mutual Energy SWEPCO LP /S/Timothy A. King
------------------
Mutual Energy WTU LP /S/Timothy A. King
------------------
Newgulf Power Venture, Inc. /S/Mark A. Pyle
---------------
Noah I Power G.P., Inc. /S/Mark A. Pyle
---------------
Ohio Power Company /S/William L. Scott
-------------------
POLR Power, LP /S/Timothy A. King
------------------
Price River Coal Company, Inc. /S/William L. Scott
-------------------
Public Liability /S/Jeffrey D. Cross
-------------------
Public Service Company of Oklahoma /S/William L. Scott
-------------------
REP General Partner LLC /S/Timothy A. King
------------------
REP Holdco Inc. /S/Timothy A. King
------------------
Simco, Inc. /S/William L. Scott
-------------------
Snowcap Coal Company, Inc. /S/John W. Seidensticker
------------------------
Southern Appalachian Coal Company /S/William L. Scott
-------------------
Southern Ohio Coal Company /S/William L. Scott
-------------------
Southwest Arkansas Utilities Corp. /S/William L. Scott
-------------------
Southwestern Electric Power Company /S/William L. Scott
-------------------
Southwestern Wholesale Electric Company /S/Mark A. Pyle
---------------
Trent Wind Farm LP /S/Jeffrey D. Cross
-------------------
Tuscaloosa Pipeline Company /S/Mark A. Pyle
---------------
Ventures Lease Co., LLC /S/Timothy A. King
------------------
West Texas Utilities Company /S/William L. Scott
-------------------
West Virginia Power Company /S/William L. Scott
-------------------
Wheeling Power Company /S/William L. Scott
-------------------
Windsor Coal Company /S/William L. Scott
--------------------
Note: Because of the reasons set forth in AEP's response dated April 8, 2002
to the SEC's audit, we have not made changes suggested by the Staff.
EXHIBIT E
CONTENTS
1 CHART OF ACCOUNTS FOR AEP SYSTEM COMPANIES - PER FULE 26
2 COPIES OF PERSONNEL POLICIES AS THEY RELATE TO RULE 48 (b)
EXHIBIT E DOCUMENT:
1 CHART OF ACCOUNTS FOR AEP SYSTEM COMPANIES (PURSUANT TO RULE 26)
THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) UNIFORM SYSTEM OF
ACCOUNTS (US OF A) IS USED BY MOST OF THE AEP SYSTEM COMPANIES WITH
MODIFICATIONS AS NECESSARY TO ACCOUNT FOR NON-UTILITY BUSINESS
OPERATIONS. CERTAIN AEP SYSTEM COMPANIES DO NOT FOLLOW THE FERC US OF A,
THOSE COMPANIES USE THE TYPICAL COMMERCIAL CHART OF ACCOUNTS APPLICABLE
FOR THAT TYPE OF BUSINESS OPERATION.
2 COPIES OF PERSONNEL POLICIES AS THEY RELATE TO RULE 48 (b):
American Electric Power Exempt
Employees and Nonexempt Supervisors
Relocation Expense Policy . . . . . . Incorporated by Reference
to 1994 Form U5S Annual
Report, File No. 30-150.
EXHIBIT F
TOTAL COMPANY SUMMARY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 177,946.53 31,565.30 54,243.00 34,239.84 0.00
BUSINESS SERVICES (35,936.81) 0.38 11.05 2.29 (6,561.52)
DISTRIBUTION REGIONS
MANAGERIAL 634,333.14 12,829.99 121,124.47 18,298.68 1,775.83
CUSTOMER SERVICES 2,072,911.85 55,378.72 182,337.85 531,596.81 59,284.37
ENGENEERING & PLANNING 422,649.78 25,223.56 92,512.98 57,076.13 3,698.30
ENGINEERING INFO & DRAFTING 188,022.07 26,346.59 1,844.88 38,698.48 100.70
STORES (21,110.85) 17.99 (13,690.39) (4,999.97) 101.07
OPERATIONS-ADMINISTRATIVE 521,503.96 58,908.58 16,733.84 77,716.83 194.51
OPERATIONS-METER 707,591.55 4,314.06 124,946.54 100,255.57 809.66
OPERATIONS-LINE 2,555,915.73 46,655.76 576,707.06 613,486.66 216,214.15
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 1,913,785.08 14,356.89 10,726.94 67,828.61 1,313,180.16
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 85,236.50 1,393.40 2,488.35 33,340.44 444.11
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 24,535.14 14.58 14,063.87 51.06 1,503.53
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 3,073.38 16.31 1,289.69 313.14 238.78
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION LINE 1,181,146.39 4,356.84 175,892.47 233,772.31 46,116.38
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 2,644,351.25 38,746.93 758,669.18 227,564.11 22,774.38
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADM 0.00 0.00 0.00 0.00 0.00
SYSTEM MAINT-TOOLS/EQUIP 718,703.98 14,072.20 46,500.10 69,811.96 148,497.03
OPERATIONS CENTER 2,948,205.64 2,221.87 596,292.73 278,609.61 631,779.94
ENERGY DELIVERY SUPPORT
MEASURE & CUST SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 721,796.07 11,372.03 147,064.08 80,853.28 159,774.30
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 489,999.61 5,035.18 61,131.64 15,211.83 32,268.22
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 284,468.65 0.00 2,577.52 4,972.02 839.03
LAND MGMT-REAL ESTATE 522,107.77 (133.30) 1,954.86 427.13 237,917.16
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 2,360.26 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 3,246.20 0.00 3,246.20 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 2,982,811.06 131.52 2,199,800.34 42,983.17 183,935.44
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 217,045.01 275.05 34,024.45 18,991.60 112,179.93
NUCLEAR GENERATION 43,553.67 0.00 1,225.47 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 1,101,335.36 5,936.63 8,238.93 25,160.14 8,002.40
CORPORATE COMMUNICATIONS 596,491.08 494.34 8,252.66 23,543.83 295.62
RATES 587,759.83 11,585.44 0.00 0.00 0.00
OTHER ADMIN GROUPS 23,780,389.48 42,243.00 659,110.80 195,386.48 470,544.24
ACCOUNTING
ADMINISTRATIVE 1,529.90 38.08 533.13 273.23 342.73
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 480,301.13 5,155.67 17,041.01 38,502.78 6,862.62
BUILDING SERVICES 1,795,776.61 30,685.93 495,573.70 151,299.46 344,057.88
OFFICE SERVICES 204,838.83 14,040.85 118,478.23 12,164.47 14,799.00
LABOR FRINGES ON O&M LABOR 2,299,429.13 48,683.94 396,405.40 228,966.32 341,820.96
TOTAL O&M COSTS 31,395,911.96 511,964.31 6,917,353.03 3,216,398.30 4,353,790.91
CONSTRUCTION, RETIRE, OTHER WIP 31,820,182.99 492,775.03 7,445,526.01 4,462,406.13 3,872,748.99
MATERIAL & SUPPLY COSTS 7,477,446.76 68,360.37 1,263,312.97 783,739.36 474,335.63
FACILITY COSTS 12,975,078.00 60,344.00 492,837.00 321,156.00 25,380.00
INVESTMENT CARRYING CHARGES 8,487,114.00 34,996.00 871,311.00 341,172.00 75,360.00
COMPANY TOTAL 92,155,733.71 1,168,439.71 16,990,340.01 9,124,871.79 8,801,615.53
TOTAL COMPANY SUMMARY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 45.09 9.70 57,843.60 0.00
BUSINESS SERVICES (3,384.99) (17,991.43) (8,012.59) 0.00
DISTRIBUTION REGIONS
MANAGERIAL 7,196.81 450,024.33 23,083.03 0.00
CUSTOMER SERVICES 105,818.79 875,578.20 262,917.11 0.00
ENGENEERING & PLANNING 31,671.25 143,512.18 68,955.38 0.00
ENGINEERING INFO & DRAFTING 46,773.50 74,118.23 139.69 0.00
STORES 137.49 (1,443.40) (1,233.64) 0.00
OPERATIONS-ADMINISTRATIVE 80,967.68 286,717.88 264.64 0.00
OPERATIONS-METER 20,311.33 219,998.78 236,955.61 0.00
OPERATIONS-LINE 133,150.06 490,029.02 479,673.02 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 8,438.94 424,824.82 74,428.72 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 3,147.73 44,080.82 341.65 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 15.37 627.53 8,259.20 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 552.79 0.00 662.67 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION LINE 24,114.30 156,248.04 540,646.05 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 201,697.87 804,215.76 590,683.02 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADM 0.00 0.00 0.00 0.00
SYSTEM MAINT-TOOLS/EQUIP 9,275.38 238,630.13 191,917.18 0.00
OPERATIONS CENTER 40,304.31 914,039.22 484,957.96 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 13,509.27 81,782.25 227,440.86 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 44,342.05 290,131.95 41,878.74 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 275,020.42 1,059.66 0.00
LAND MGMT-REAL ESTATE 9.91 266,374.59 15,557.42 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 2,360.26 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 1,497.10 365,373.79 189,089.70 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 275.06 49,140.65 2,158.27 0.00
NUCLEAR GENERATION 0.00 260.05 42,068.15 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 82,060.40 763,867.78 208,069.08 0.00
CORPORATE COMMUNICATIONS 11,928.81 181,726.68 370,249.14 0.00
RATES 44,951.66 373,903.20 157,319.53 0.00
OTHER ADMIN GROUPS 94,764.40 593,134.03 392,723.50 (129,708.97)
ACCOUNTING
ADMINISTRATIVE 38.09 0.00 304.64 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 35,873.57 288,092.01 88,585.54 187.93
BUILDING SERVICES 26,300.27 668,183.35 79,676.02 0.00
OFFICE SERVICES 4,585.96 38,588.29 2,150.73 31.30
LABOR FRINGES ON O&M LABOR 93,163.11 782,818.55 407,570.85 0.00
TOTAL O&M COSTS 1,163,533.36 10,123,977.66 5,238,384.13 (129,489.74)
CONSTRUCTION, RETIRE, OTHER WIP 650,737.02 8,510,534.08 5,617,224.16 768,231.57
MATERIAL & SUPPLY COSTS 93,128.58 1,677,912.26 3,113,749.72 2,907.87
FACILITY COSTS 86,198.00 619,179.00 587,940.00 10,782,044.00
INVESTMENT CARRYING CHARGES 91,450.00 596,865.00 1,158,180.00 5,317,780.00
COMPANY TOTAL 2,085,046.96 21,528,468.00 15,715,478.01 16,741,473.70
KINGSPORT POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 54,243.00 0.00 54,243.00 0.00 0.00
BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 85,234.88 0.00 85,234.88 0.00 0.00
CUSTOMER SERVICES 69,113.39 0.00 68,647.92 43.19 133.53
ENGENEERING & PLANNING 51,076.16 0.00 51,076.16 0.00 0.00
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 0.00
STORES 0.00 0.00 0.00 0.00 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
OPERATIONS-METER 47,736.70 0.00 46,890.70 0.00 0.00
OPERATIONS-LINE 97,605.31 0.00 97,402.13 28.99 93.71
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 2,127.27 0.00 1,033.59 106.33 334.18
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 201,163.68 0.00 191,131.97 8,063.14 1,145.67
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 15,666.92 0.00 15,620.22 0.00 46.70
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.00 0.00 0.00 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 3,033.00 0.00 3,033.00 0.00 0.00
CORPORATE COMMUNICATIONS 26.12 0.00 7.46 1.87 4.80
RATES 0.00 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 42,513.87 0.00 595.65 269.26 (11.24)
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 21,534.03 0.00 21,532.98 0.00 0.00
BUILDING SERVICES 21,397.18 0.00 20,318.54 1,078.64 0.00
OFFICE SERVICES 103.74 0.00 103.74 0.00 0.00
LABOR FRINGES ON O&M LABOR 53,480.38 0.00 52,434.43 815.30 111.59
TOTAL O&M COSTS 741,155.63 0.00 709,306.37 10,406.72 1,858.94
CONSTRUCTION, RETIRE, OTHER WIP 742,159.16 0.00 673,313.81 40,465.07 3,422.17
MATERIAL & SUPPLY COSTS (10,312.64) 0.00 (10,463.26) 115.33 17.68
FACILITY COSTS 15,384.00
INVESTMENT CARRYING CHARGES 9,516.00
COMPANY TOTAL 1,497,902.15 0.00 1,372,156.92 50,987.12 5,298.79
KINGSPORT POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00
BUSINESS SERVICES 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 0.00 0.00 0.00 0.00
CUSTOMER SERVICES 6.55 182.17 100.03 0.00
ENGENEERING & PLANNING 0.00 0.00 0.00 0.00
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00
STORES 0.00 0.00 0.00 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00
OPERATIONS-METER 0.00 0.00 846.00 0.00
OPERATIONS-LINE 0.00 25.81 54.67 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 0.00 0.00 0.00 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 15.19 470.89 167.09 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 10.02 702.66 110.22 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 0.00 0.00 0.00 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.00 0.00 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00
CORPORATE COMMUNICATIONS 0.53 7.20 4.26 0.00
RATES 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 14,612.90 1,868.90 278.40 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 0.11 0.94 0.00 0.00
BUILDING SERVICES 0.00 0.00 0.00 0.00
OFFICE SERVICES 0.00 0.00 0.00 0.00
LABOR FRINGES ON O&M LABOR 0.78 106.66 11.62 0.00
TOTAL O&M COSTS 14,646.08 3,365.23 1,572.29 0.00
CONSTRUCTION, RETIRE, OTHER WIP 0.00 23,950.73 1,007.38 0.00
MATERIAL & SUPPLY COSTS 18.76 161.39 (162.54) 0.00
FACILITY COSTS 15,384.00
INVESTMENT CARRYING CHARGES 9,516.00
COMPANY TOTAL 14,664.84 27,477.35 2,417.13 24,900.00
APPALACHIAN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 65,859.93 31,565.30 0.00 34,239.84 0.00
BUSINESS SERVICES (36,264.53) 0.00 0.00 0.00 (6,485.37)
DISTRIBUTION REGIONS
MANAGERIAL 19,583.74 12,698.29 0.00 6,273.30 161.73
CUSTOMER SERVICES 553,823.89 54,091.71 0.00 392,550.70 24,409.48
ENGENEERING & PLANNING 56,728.10 24,906.77 0.00 23,778.52 185.69
ENGINEERING INFO & DRAFTING 51,374.27 26,332.80 0.00 23,846.04 0.00
STORES (5,277.00) 24.49 0.00 (4,961.00) (112.07)
OPERATIONS-ADMINISTRATIVE 58,892.90 58,892.90 0.00 0.00 0.00
OPERATIONS-METER 127,627.32 4,268.00 0.00 83,852.13 147.76
OPERATIONS-LINE 638,683.59 47,505.65 0.00 469,893.32 1,216.77
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 1,355,170.87 14,322.95 0.00 42,798.22 1,297,877.01
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 26,628.20 1,382.59 0.00 23,618.50 305.49
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 274,525.07 3,816.95 0.00 223,883.31 15,447.33
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 361,556.14 30,996.28 0.00 182,112.37 149.26
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 583,776.11 12,836.83 0.00 59,758.80 142,764.96
OPERATIONS CENTER 1,345,460.50 1,625.77 0.00 128,374.28 405,612.33
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 283,671.21 5,427.34 0.00 48,312.89 65,846.04
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 25,698.75 3,042.74 0.00 5,852.59 1,470.88
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 3,798.71 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 155.00 (225.00) 0.00 380.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 322,532.20 19.73 0.00 36,103.75 102,157.79
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 177,880.90 275.05 0.00 18,991.60 110,156.89
NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 115,543.89 5,906.24 0.00 23,009.49 1,356.83
CORPORATE COMMUNICATIONS 10,222.34 465.70 0.00 5,334.48 94.80
RATES 56,537.10 11,585.44 0.00 0.00 0.00
OTHER ADMIN GROUPS 2,759,846.83 17,976.41 0.00 44,518.22 87,003.84
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 31,694.27 3,646.55 0.00 24,558.63 (347.56)
BUILDING SERVICES 77,771.04 21,497.92 0.00 42,938.74 0.00
OFFICE SERVICES 13,299.28 11,703.05 0.00 1,596.23 0.00
LABOR FRINGES ON O&M LABOR 475,487.32 46,130.98 0.00 151,151.30 73,888.93
TOTAL O&M COSTS 7,319,739.94 452,719.43 0.00 2,092,766.25 2,323,308.81
CONSTRUCTION, RETIRE, OTHER WIP 9,685,347.95 466,718.89 0.00 3,115,723.99 967,550.83
MATERIAL & SUPPLY COSTS 1,707,161.04 61,460.15 0.00 428,391.31 147,179.10
FACILITY COSTS 1,651,244.00 59,060.00 0.00 79,152.00 948.00
INVESTMENT CARRYING CHARGES 861,304.00 34,972.00 0.00 49,344.00 12,864.00
COMPANY TOTAL 21,224,796.93 1,074,930.47 0.00 5,765,377.55 3,451,850.74
APPALACHIAN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 45.09 9.70 0.00 0.00
BUSINESS SERVICES (3,385.37) (18,255.20) (8,138.59) 0.00
DISTRIBUTION REGIONS
MANAGERIAL 26.24 231.44 192.74 0.00
CUSTOMER SERVICES 1,151.02 57,399.01 24,221.97 0.00
ENGENEERING & PLANNING 9.81 7,154.19 693.12 0.00
ENGINEERING INFO & DRAFTING 0.00 1,195.43 0.00 0.00
STORES (5.02) (127.41) (95.99) 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00
OPERATIONS-METER 53.70 29,732.90 9,572.83 0.00
OPERATIONS-LINE 495.62 110,217.35 9,354.88 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 3.50 130.68 38.51 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 33.97 1,016.11 271.54 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 320.83 26,973.56 4,083.09 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 138.85 101,683.58 46,475.80 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 7,628.67 194,213.40 166,573.45 0.00
OPERATIONS CENTER 18,749.87 567,914.55 223,183.70 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 3,553.99 81,782.25 78,748.70 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 455.48 799.92 14,077.14 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 3,798.71 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 1,343.28 71,321.22 111,586.43 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 275.06 45,981.37 2,200.93 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 82,029.96 2,035.28 1,206.09 0.00
CORPORATE COMMUNICATIONS 977.88 3,265.21 84.27 0.00
RATES 44,951.66 0.00 0.00 0.00
OTHER ADMIN GROUPS 33,321.09 179,865.53 79,121.74 (194,508.00)
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 12.96 2,360.87 1,438.85 23.97
BUILDING SERVICES 0.00 10,983.38 2,351.00 0.00
OFFICE SERVICES 0.00 0.00 0.00 0.00
LABOR FRINGES ON O&M LABOR 10,050.29 126,653.46 67,612.36 0.00
TOTAL O&M COSTS 202,238.43 1,608,336.49 834,854.56 (194,484.03)
CONSTRUCTION, RETIRE, OTHER WIP 2,863.31 3,507,990.92 1,430,362.26 194,137.75
MATERIAL & SUPPLY COSTS 17,836.38 644,465.33 407,521.07 307.70
FACILITY COSTS 0.00 7,860.00 480.00 1,503,744.00
INVESTMENT CARRYING CHARGES 0.00 35,292.00 6,432.00 722,400.00
COMPANY TOTAL 222,938.12 5,803,944.74 2,679,649.89 2,226,105.42
KENTUCKY POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00
BUSINESS SERVICES 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 12,742.28 2.05 11,575.62 0.00 36.90
CUSTOMER SERVICES 389,981.00 379.91 69,101.10 0.00 6,935.43
ENGENEERING & PLANNING 2,096.90 0.00 1,418.70 0.00 68.51
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 0.00
STORES (918.71) 0.00 (412.75) 0.00 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
OPERATIONS-METER 100,901.88 0.00 20,615.30 0.00 0.00
OPERATIONS-LINE 63,961.24 0.00 26,410.21 0.00 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 31,257.47 0.00 0.00 0.00 10,172.12
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 241,258.98 515.58 130,953.44 0.00 11,288.49
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 616,472.39 7,550.58 175,145.65 0.00 83.63
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 45,315.07 46.67 13,546.99 0.00 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 895.22 10.53 884.69 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 103,224.76 0.00 98,969.99 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00 0.00
CORPORATE COMMUNICATIONS 2,584.47 2.09 2,516.62 0.00 18.79
RATES 0.00 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 1,583,364.75 166.63 13,720.47 0.00 19,930.17
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT (19,375.67) 0.00 (23,124.23) 0.00 0.00
BUILDING SERVICES 78,686.77 8,668.86 42,237.13 0.00 264.36
OFFICE SERVICES 76,102.48 0.00 76,102.48 0.00 0.00
LABOR FRINGES ON O&M LABOR 161,987.07 1,410.51 67,468.08 0.00 1,150.78
TOTAL O&M COSTS 1,947,158.35 18,753.41 727,129.49 0.00 49,949.18
CONSTRUCTION, RETIRE, OTHER WIP 2,110,062.99 3,307.70 933,207.71 0.00 28,084.34
MATERIAL & SUPPLY COSTS 82,812.07 4.63 380.63 0.00 8,269.87
FACILITY COSTS 743,160.00 1,284.00 137,868.00 0.00
INVESTMENT CARRYING CHARGES 800,220.00 24.00 45,204.00 0.00
COMPANY TOTAL 5,683,413.41 23,373.74 1,843,789.83 0.00 86,303.39
KENTUCKY POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00
BUSINESS SERVICES 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 2.05 547.52 578.14 0.00
CUSTOMER SERVICES 384.30 287,825.57 25,354.69 0.00
ENGENEERING & PLANNING 0.00 11.41 598.28 0.00
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00
STORES 0.00 (468.80) (37.16) 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00
OPERATIONS-METER 0.00 62,059.71 18,226.87 0.00
OPERATIONS-LINE 0.00 23,655.17 13,895.86 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 0.00 11,446.91 9,638.44 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 2,143.62 70,332.62 26,025.23 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 6,470.67 300,899.72 126,322.14 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 0.00 26,535.88 5,185.53 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.00 0.00 4,254.77 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00
CORPORATE COMMUNICATIONS 2.09 28.18 16.70 0.00
RATES 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 137.69 6,502.00 (472.21) 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 0.00 3,726.14 13.63 8.79
BUILDING SERVICES 0.00 25,028.82 2,487.60 0.00
OFFICE SERVICES 0.00 0.00 0.00 0.00
LABOR FRINGES ON O&M LABOR 810.42 72,429.01 18,718.27 0.00
TOTAL O&M COSTS 9,950.84 890,559.86 250,806.78 8.79
CONSTRUCTION, RETIRE, OTHER WIP 21.00 710,584.32 414,204.78 20,653.14
MATERIAL & SUPPLY COSTS 4.63 59,228.60 14,788.92 134.79
FACILITY COSTS 4,584.00 97,596.00 48,864.00 452,964.00
INVESTMENT CARRYING CHARGES 7,572.00 160,668.00 79,836.00 506,916.00
COMPANY TOTAL 22,132.47 1,918,636.78 808,500.48 980,676.72
INDIANA MICHIGAN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 31,603.08 0.00 0.00 0.00 0.00
BUSINESS SERVICES 255.00 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 30,250.54 8.22 238.86 49.44 0.00
CUSTOMER SERVICES 56,716.98 599.36 19,999.50 4,238.47 0.00
ENGENEERING & PLANNING 43,186.98 0.00 425.78 0.00 0.00
ENGINEERING INFO & DRAFTING 57,035.50 2.60 131.99 9.13 0.00
STORES 138.30 (0.88) (49.61) (11.37) 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
OPERATIONS-METER 7,738.76 0.00 1,695.57 0.00 0.00
OPERATIONS-LINE 158,385.58 (1,306.81) (19.50) 11.32 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 262,624.30 0.00 0.00 0.00 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 13,443.50 3.19 92.40 19.13 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 84.83 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 12.82 0.00 12.83 (0.01) 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 63,128.56 23.50 10,675.04 2,251.48 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 56,357.53 170.19 5,653.89 653.02 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 77,408.41 924.34 26,825.69 7,050.55 0.00
OPERATIONS CENTER 870,490.64 18.43 312,439.82 78,111.95 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 19,078.47 112.68 122.81 7.63 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 335.58 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 1,910,746.43 0.53 1,908,631.68 3.21 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 30,551.06 0.00 27,434.44 0.00 0.00
NUCLEAR GENERATION 1,735.38 0.00 1,225.47 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 387.38 9.43 132.27 33.09 0.00
CORPORATE COMMUNICATIONS 30,941.63 6.86 96.02 24.00 0.00
RATES 0.00 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 2,186,629.80 1,168.67 59,356.24 24,872.28 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 97,191.81 60.29 547.13 41.26 0.00
BUILDING SERVICES 8,325.24 500.00 779.52 0.00 0.00
OFFICE SERVICES 32,696.52 706.99 17,891.03 4,739.35 0.00
LABOR FRINGES ON O&M LABOR 162,074.23 117.48 36,724.15 9,028.25 0.00
TOTAL O&M COSTS 4,219,174.84 3,125.07 2,431,063.02 131,132.18 0.00
CONSTRUCTION, RETIRE, OTHER WI 2,247,101.28 252.30 261,933.33 33,798.32 0.00
MATERIAL & SUPPLY COSTS 1,109,337.29 101.78 140,144.59 48,893.49 0.00
FACILITY COSTS 1,616,100.00 0.00 3,492.00 5,820.00 0.00
INVESTMENT CARRYING CHARGES 374,280.00 0.00 22,896.00 38,172.00 0.00
COMPANY TOTAL 9,565,993.41 3,479.15 2,859,528.94 257,815.99 0.00
INDIANA MICHIGAN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 31,603.08 0.00
BUSINESS SERVICES 0.00 255.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 8.25 29,587.77 358.00 0.00
CUSTOMER SERVICES 687.59 16,897.38 14,294.68 0.00
ENGENEERING & PLANNING 0.00 42,613.28 147.92 0.00
ENGINEERING INFO & DRAFTING 46.57 56,662.53 182.68 0.00
STORES (1.75) 230.61 (28.70) 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00
OPERATIONS-METER 0.00 5,722.54 320.65 0.00
OPERATIONS-LINE 1.71 159,654.60 44.26 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 0.00 262,624.30 0.00 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 3.18 13,255.49 70.11 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 0.00 84.83 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 303.77 46,275.20 3,599.57 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 802.03 22,617.94 26,460.46 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 923.86 21,356.37 20,327.60 0.00
OPERATIONS CENTER 11,165.12 345,876.86 122,878.46 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 2.19 18,815.73 17.43 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 335.58 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.53 390.52 1,719.96 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 3,159.28 (42.66) 0.00
NUCLEAR GENERATION 0.00 260.05 249.86 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 9.49 127.50 75.60 0.00
CORPORATE COMMUNICATIONS 16.04 30,599.91 198.80 0.00
RATES 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 1,459.35 76,193.77 33,199.49 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 16.09 96,539.03 (14.34) 2.35
BUILDING SERVICES 0.00 7,045.72 0.00 0.00
OFFICE SERVICES 2,156.09 7,158.12 44.94 0.00
LABOR FRINGES ON O&M LABOR 1,251.84 100,472.60 14,479.91 0.00
TOTAL O&M COSTS 18,851.95 1,364,812.51 270,187.76 2.35
CONSTRUCTION, RETIRE, OTHER WI 1,387.51 1,831,339.68 67,904.71 50,485.43
MATERIAL & SUPPLY COSTS 3,036.56 794,464.33 122,626.56 69.98
FACILITY COSTS 0.00 24,444.00 1,164.00 1,581,180.00
INVESTMENT CARRYING CHARGES 0.00 160,308.00 7,632.00 145,272.00
COMPANY TOTAL 23,276.02 4,175,368.52 469,515.03 1,777,009.76
WHEELING POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00
BUSINESS SERVICES (140.00) 0.00 0.00 0.00 (140.00)
DISTRIBUTION REGIONS
MANAGERIAL 266,234.05 2.49 72.69 15.05 45.10
CUSTOMER SERVICES 45,982.17 38.97 1,131.46 234.13 702.26
ENGENEERING & PLANNING 7,529.15 0.00 18.45 0.00 0.00
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00 0.00
STORES (1,348.82) (4.46) (174.54) (38.09) (115.91)
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
OPERATIONS-METER 79,762.50 0.00 0.00 0.00 0.00
OPERATIONS-LINE 17,337.37 0.00 24.22 0.00 7,486.55
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 31,814.19 0.00 3,229.19 1,614.60 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 70.20 0.00 0.00 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 287,650.92 2.87 38,023.97 50.98 219.42
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 0.00 0.00 0.00 0.00 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.00 0.00 0.00 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 4,350.00 0.00 4,350.00 0.00 0.00
CORPORATE COMMUNICATIONS 1,225.07 0.57 1,205.15 2.00 5.12
RATES 0.00 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 613.56 (1.65) 485.45 (5.66) (14.58)
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 38,251.78 0.00 0.00 0.00 0.00
BUILDING SERVICES 46,362.62 0.00 0.00 0.00 127.90
OFFICE SERVICES 0.00 0.00 0.00 0.00 0.00
LABOR FRINGES ON O&M LABOR 96,607.59 10.39 5,434.89 253.97 1,270.09
TOTAL O&M COSTS 922,302.35 49.18 53,800.93 2,126.98 9,585.95
CONSTRUCTION, RETIRE, OTHER WIP 455,282.76 0.00 2,128.00 19.00 6,923.37
MATERIAL & SUPPLY COSTS 16,417.48 0.00 0.00 0.00 0.00
FACILITY COSTS 0.00 0.00 0.00 0.00 0.00
INVESTMENT CARRYING CHARGES 0.00 0.00 0.00 0.00 0.00
COMPANY TOTAL 1,394,002.59 49.18 55,928.93 2,145.98 16,509.32
WHEELING POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00
BUSINESS SERVICES 0.00 0.00 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 0.00 266,043.58 55.14 0.00
CUSTOMER SERVICES 0.00 42,903.42 971.93 0.00
ENGENEERING & PLANNING 0.00 7,510.70 0.00 0.00
ENGINEERING INFO & DRAFTING 0.00 0.00 0.00 0.00
STORES 0.00 (900.07) (115.75) 0.00
OPERATIONS-ADMINISTRATIVE 0.00 0.00 0.00 0.00
OPERATIONS-METER 0.00 78,505.86 1,256.64 0.00
OPERATIONS-LINE 0.00 9,809.05 17.55 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 0.00 17,928.71 9,041.69 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 0.00 70.20 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 0.00 249,310.41 43.27 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 0.00 0.00 0.00 0.00
OPERATIONS CENTER 0.00 0.00 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 0.00 0.00 0.00 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 0.00 0.00
LAND MGMT-REAL ESTATE 0.00 0.00 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 0.00 0.00 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 0.00 0.00 0.00 0.00
CORPORATE COMMUNICATIONS 0.00 7.68 4.55 0.00
RATES 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 0.00 163.00 (13.00) 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 0.00 38,251.78 0.00 0.00
BUILDING SERVICES 0.00 46,234.72 0.00 0.00
OFFICE SERVICES 0.00 0.00 0.00 0.00
LABOR FRINGES ON O&M LABOR 0.00 88,311.68 1,326.57 0.00
TOTAL O&M COSTS 0.00 844,150.72 12,588.59 0.00
CONSTRUCTION, RETIRE, OTHER WIP 0.00 445,998.39 214.00 0.00
MATERIAL & SUPPLY COSTS 0.00 16,360.35 57.13 0.00
FACILITY COSTS 0.00 0.00 0.00 0.00
INVESTMENT CARRYING CHARGES 0.00 0.00 0.00 0.00
COMPANY TOTAL 0.00 1,306,509.46 12,859.72 0.00
OHIO POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 26,240.52 0.00 0.00 0.00 0.00
BUSINESS SERVICES 183.00 0.00 0.00 0.00 57.00
DISTRIBUTION REGIONS
MANAGERIAL 41,032.12 66.41 8,037.91 3,061.36 907.11
CUSTOMER SERVICES 450,793.54 122.70 12,393.28 114,420.05 22,508.77
ENGENEERING & PLANNING 137,059.19 73.93 30,825.93 6,308.57 916.24
ENGINEERING INFO & DRAFTING 46,519.59 (5.37) (75.24) (18.81) (48.36)
STORES (13,522.25) (1.50) (13,042.44) (8.36) 342.14
OPERATIONS-ADMINISTRATIVE 81,314.00 4.77 138.21 28.60 85.79
OPERATIONS-METER 298,021.23 2.98 54,604.24 16,252.62 241.62
OPERATIONS-LINE 1,324,855.78 313.72 439,085.46 111,624.69 187,300.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 77,790.39 25.21 4,817.03 4,526.26 5,052.49
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 3,051.35 0.00 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 10,333.01 24.58 344.27 86.06 1,593.53
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 3,060.56 16.31 1,276.86 313.15 238.78
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 586,130.23 0.81 32,562.91 6,612.50 18,946.38
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 943,698.34 0.11 313,334.67 27,002.92 20,151.61
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 21,368.21 71.35 12,746.35 1,679.06 1,454.25
OPERATIONS CENTER 731,543.10 577.67 283,629.09 72,067.43 225,991.77
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 438,124.86 5,944.69 147,064.08 32,540.39 93,928.26
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 80,851.69 174.06 4,047.06 3,202.70 8,397.01
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 2,207.29 0.00 250.74 57.86 839.03
LAND MGMT-REAL ESTATE 15,737.36 5.88 82.27 33.02 52.89
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 3,246.20 0.00 3,246.20 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 334,002.97 0.34 190,050.77 6,487.93 65,893.06
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 8,613.05 0.00 6,590.01 0.00 2,023.04
NUCLEAR GENERATION 41,818.29 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 214,114.02 0.00 151.24 718.39 6,457.00
CORPORATE COMMUNICATIONS 381,399.49 9.23 137.90 1,366.94 83.10
RATES 157,319.53 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 7,370,665.84 21,203.34 496,120.23 96,821.95 330,305.95
ACCOUNTING
ADMINISTRATIVE 1,389.93 38.08 533.13 133.26 342.73
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 139,526.90 45.81 7,564.47 3,753.79 5,393.16
BUILDING SERVICES 95,147.08 12.46 1,025.00 246.06 8,022.70
OFFICE SERVICES 11,472.56 241.74 4,899.54 876.77 2,276.69
LABOR FRINGES ON O&M LABOR 893,998.10 711.37 211,819.39 38,618.16 257,651.26
TOTAL O&M COSTS 8,912,763.07 29,680.68 2,254,260.56 548,813.32 1,267,405.00
CONSTRUCTION, RETIRE, OTHER WIP 13,781,209.29 23,034.08 5,376,580.21 1,036,200.91 2,606,417.38
MATERIAL & SUPPLY COSTS 4,252,661.84 5,481.21 1,046,330.61 267,362.22 285,625.92
FACILITY COSTS 2,512,632.00 0.00 321,720.00 105,936.00 24,432.00
INVESTMENT CARRYING CHARGES 3,533,712.00 0.00 798,432.00 253,416.00 62,496.00
COMPANY TOTAL 32,992,978.20 58,195.97 9,797,323.38 2,211,728.45 4,246,376.30
OHIO POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 26,240.52 0.00
BUSINESS SERVICES 0.00 0.00 126.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 7,060.32 0.00 21,899.01 0.00
CUSTOMER SERVICES 103,374.93 0.00 197,973.81 0.00
ENGENEERING & PLANNING 31,418.46 0.00 67,516.06 0.00
ENGINEERING INFO & DRAFTING 46,710.36 0.00 (42.99) 0.00
STORES 143.95 0.00 (956.04) 0.00
OPERATIONS-ADMINISTRATIVE 80,791.99 0.00 264.64 0.00
OPERATIONS-METER 20,187.15 0.00 206,732.62 0.00
OPERATIONS-LINE 130,226.11 0.00 456,305.80 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 7,659.32 0.00 55,710.08 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 3,051.35 0.00 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE 25.37 0.00 8,259.20 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 552.79 0.00 662.67 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 21,236.56 0.00 506,771.07 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 191,937.90 0.00 391,271.13 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 401.07 0.00 5,016.13 0.00
OPERATIONS CENTER 10,381.34 0.00 138,895.80 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 9,955.28 0.00 148,692.16 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 42,432.22 0.00 22,598.64 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 0.00 1,059.66 0.00
LAND MGMT-REAL ESTATE 5.88 0.00 15,557.42 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 42.33 0.00 71,528.54 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 41,818.29 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 0.00 0.00 206,787.39 0.00
CORPORATE COMMUNICATIONS 9,861.76 0.00 369,940.56 0.00
RATES 0.00 0.00 157,319.53 0.00
OTHER ADMIN GROUPS 34,462.26 0.00 280,609.08 64,799.03
ACCOUNTING
ADMINISTRATIVE 38.09 0.00 304.64 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 35,483.20 0.00 87,147.40 139.07
BUILDING SERVICES 11,003.44 0.00 74,837.42 0.00
OFFICE SERVICES 1,040.73 0.00 2,105.79 31.30
LABOR FRINGES ON O&M LABOR 79,775.80 0.00 305,422.12 0.00
TOTAL O&M COSTS 879,259.96 0.00 3,868,374.15 64,969.40
CONSTRUCTION, RETIRE, OTHER WIP 646,091.77 0.00 3,703,531.03 389,353.91
MATERIAL & SUPPLY COSTS 76,758.21 0.00 2,568,918.58 2,185.09
FACILITY COSTS 67,608.00 0.00 537,432.00 1,455,504.00
INVESTMENT CARRYING CHARGES 72,240.00 0.00 1,064,280.00 1,282,848.00
COMPANY TOTAL 1,741,957.94 0.00 11,742,535.76 3,194,860.40
COLUMBUS SOUTHERN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK Total KGPCO APCO KPCO I&M
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00 0.00
BUSINESS SERVICES 29.72 0.38 11.05 2.29 6.85
DISTRIBUTION REGIONS
MANAGERIAL 179,255.53 52.53 15,964.51 8,899.53 624.99
CUSTOMER SERVICES 506,500.88 146.07 11,064.59 20,110.27 4,594.90
ENGENEERING & PLANNING 124,973.30 242.86 8,747.96 26,989.04 2,527.86
ENGINEERING INFO & DRAFTING 33,092.71 16.56 1,788.13 14,862.12 149.06
STORES (182.37) 0.34 (11.05) 18.85 (13.09)
OPERATIONS-ADMINISTRATIVE 381,297.06 10.91 16,595.63 77,688.23 108.72
OPERATIONS-METER 45,803.16 43.08 1,140.73 150.82 420.28
OPERATIONS-LINE 255,086.86 143.20 13,804.54 31,928.34 20,117.12
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 155,127.86 8.73 2,680.72 18,889.53 78.54
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 42,113.45 7.62 2,395.95 9,702.81 138.62
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00 0.00
JOINT USE 14,047.10 (10.00) 13,719.60 (35.00) (90.00)
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 13,976.28 0.00 667.49 918.69 100.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION 177,452.25 26.90 35,379.03 9,681.68 1,024.79
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 36,151.25 239.68 6,928.06 1,323.55 4,277.82
OPERATIONS CENTER 711.40 0.00 223.82 55.95 175.84
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 303,388.71 1,659.03 27,794.56 6,148.91 22,353.63
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 278,462.65 0.00 2,326.78 4,914.16 0.00
LAND MGMT-REAL ESTATE 504,984.61 75.29 987.90 14.11 237,864.27
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 2,360.26 0.00 0.00 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 312,304.70 110.92 2,147.90 388.28 15,884.59
ENERGY PRODUCTION 0.00 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 763,907.07 20.96 572.42 1,399.17 188.57
CORPORATE COMMUNICATIONS 170,091.96 9.89 4,289.51 16,814.54 89.01
RATES 373,903.20 0.00 0.00 0.00 0.00
OTHER ADMIN GROUPS 9,836,754.83 1,729.60 88,832.76 28,910.43 33,330.10
ACCOUNTING
ADMINISTRATIVE 139.97 0.00 0.00 139.97 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 171,478.01 1,403.02 10,520.66 10,149.10 1,817.02
BUILDING SERVICES 1,468,086.68 6.69 431,213.51 107,036.02 335,642.92
OFFICE SERVICES 71,164.25 1,389.07 19,481.44 4,952.12 12,522.31
LABOR FRINGES ON O&M LABOR 455,794.44 303.21 22,524.46 29,099.34 7,748.31
TOTAL O&M COSTS 7,333,617.78 7,636.54 741,792.66 431,152.85 701,683.03
CONSTRUCTION, RETIRE, OTHER WIP 2,799,019.56 (537.94) 198,362.95 236,198.84 260,350.90
MATERIAL & SUPPLY COSTS 319,369.68 1,312.60 86,920.40 38,977.01 33,243.06
FACILITY COSTS 6,436,558.00 0.00 29,757.00 130,248.00 0.00
INVESTMENT CARRYING CHARGES 2,908,082.00 0.00 4,779.00 240.00 0.00
COMPANY TOTAL 19,796,647.02 8,411.20 1,061,612.01 836,816.70 995,276.99
COLUMBUS SOUTHERN POWER COMPANY
2001 INTERCOMPANY BILLING COSTS INCURRED
COMPANY BENEFITING FROM WORK WPCO OPCO CSP AEPSC
ORGANIZATION PROVIDING SERVICE
O&M COSTS
MARKETING
CONSUMER MARKETING 0.00 0.00 0.00 0.00
ECONOMIC DEVELOPMENT 0.00 0.00 0.00 0.00
BUSINESS SERVICES 0.38 8.77 0.00 0.00
DISTRIBUTION REGIONS
MANAGERIAL 99.95 153,614.02 0.00 0.00
CUSTOMER SERVICES 214.40 470,370.65 0.00 0.00
ENGENEERING & PLANNING 242.98 86,222.60 0.00 0.00
ENGINEERING INFO & DRAFTING 16.57 16,260.27 0.00 0.00
STORES 0.31 (177.73) 0.00 0.00
OPERATIONS-ADMINISTRATIVE 175.69 286,717.88 0.00 0.00
OPERATIONS-METER 70.48 43,977.77 0.00 0.00
OPERATIONS-LINE 2,426.62 186,667.04 0.00 0.00
ENERGY DISTRIBUTION SUPPORT
DISTRIBUTION OPERATIONS
DISTRIBUTION OPERATIONS 0.00 0.00 0.00 0.00
RIGHT OF WAY MAINTENANCE 776.12 132,694.22 0.00 0.00
DISTRIBUTION ENGINEERING
DISTRIBUTION ENG&PLANNING 59.23 29,809.22 0.00 0.00
DISTRIBUTION DATA SYSTEMS
DATABASE APPLICATIONS 0.00 0.00 0.00 0.00
JOINT USE (10.00) 472.50 0.00 0.00
T&D MATERIAL DISTRIBUTION
CENTRAL WAREHOUSE 0.00 0.00 0.00 0.00
ENERGY TRANSMISSION
TRANSMISSION REGIONS
TRANSMISSION_LINE 94.33 12,195.77 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION 2,338.40 129,001.45 0.00 0.00
TRANSMISSION SYSTEM ENG
LINE ENGINEERING 0.00 0.00 0.00 0.00
LINE ENG/RIGHT OF WAY 0.00 0.00 0.00 0.00
LINE ENGINEERING/SURVEY 0.00 0.00 0.00 0.00
PROTECTION & CONTROL 0.00 0.00 0.00 0.00
STATION ENGINEERING 0.00 0.00 0.00 0.00
STATION CONSTRUCTION O&M ADMIN
SYSTEM MAINT-TOOLS/EQUIP 321.78 23,060.36 0.00 0.00
OPERATIONS CENTER 7.98 247.81 0.00 0.00
ENERGY DELIVERY SUPPORT
MEASURE & CUST_SUPPORT
MEASUREMENTS ENG & SUPT 0.00 0.00 0.00 0.00
METER OPERATIONS 0.00 0.00 0.00 0.00
TELECOMMUNICATIONS
TELECOM ENGINEERING 0.00 0.00 0.00 0.00
TELECOM OPERATIONS 1,452.16 243,980.42 0.00 0.00
OPERATIONS IMPROVEMENT
LAND MANAGEMENT-FORESTRY 0.00 271,221.71 0.00 0.00
LAND MGMT-REAL ESTATE 4.03 266,039.01 0.00 0.00
ENERGY DELIVERY & CUSTOMER REL
PLANNING & BUDGETING 0.00 2,360.26 0.00 0.00
COAL TERMINAL
COOK COAL TERMINAL 0.00 0.00 0.00 0.00
PUTNAM 0.00 0.00 0.00 0.00
FOSSIL POWER PLANT
MANAGERIAL 110.96 293,662.05 0.00 0.00
ENERGY PRODUCTION 0.00 0.00 0.00 0.00
PRODUCTION SUPPORT 0.00 0.00 0.00 0.00
ADMINISTRATIVE & TECH SERV 0.00 0.00 0.00 0.00
HYDRO PLANT 0.00 0.00 0.00 0.00
NUCLEAR GENERATION 0.00 0.00 0.00 0.00
ADMINISTRATIVE SUPPORT
ADMINISTRATIVE
STATE PRES/ENVIR & GOV'T 20.95 761,705.00 0.00 0.00
CORPORATE COMMUNICATIONS 1,070.51 147,818.50 0.00 0.00
RATES 0.00 373,903.20 0.00 0.00
OTHER ADMIN GROUPS 10,771.11 328,540.83 0.00 0.00
ACCOUNTING
ADMINISTRATIVE 0.00 0.00 0.00 0.00
CORPORATE SERVICES
CORPORATE SERVICES-ADMIN 0.00 0.00 0.00 0.00
FLEET MANAGEMENT 361.21 147,213.25 0.00 13.75
BUILDING SERVICES 15,296.83 578,890.71 0.00 0.00
OFFICE SERVICES 1,389.14 31,430.17 0.00 0.00
LABOR FRINGES ON O&M LABOR 1,273.98 394,845.14 0.00 0.00
TOTAL O&M COSTS 38,586.10 5,412,752.85 0.00 13.75
CONSTRUCTION, RETIRE, OTHER WIP 373.43 1,990,670.04 0.00 113,601.34
MATERIAL & SUPPLY COSTS (4,525.96) 163,232.26 0.00 210.31
FACILITY COSTS 14,006.00 489,279.00 0.00 5,773,268.00
INVESTMENT CARRYING CHARGES 11,638.00 240,597.00 0.00 2,650,828.00
COMPANY TOTAL 60,077.57 8,296,531.15 0.00 8,537,921.40
EXHIBIT G
Organization chart showing the relationship of each EWG or foreign utility
company in which the system holds an interest to other system companies.
Each direct or indirect subsidiary of AEP Co., Inc. listed below is owned by the
company immediately above it. The percentage ownership is 100% except where
noted.
00. American Electric Power Company, Inc.
01. AEP Indian Mesa LP, LLC
02. AEP Indian Mesa GP, LLC
03. Indian Mesa Power Partners I LP (EWG) (a)
03. Indian Mesa Power Partners II LP (EWG) (a)
01. AEP Resources, Inc.
02. AEP Resources Australia Pty., Ltd.
03. Pacific Hydro Ltd. (20%) (FUCO)
02. AEPR Australia Holdings Pty., Ltd.
03. AEP Resources CitiPower I Pty. Ltd.
04. Australia's Energy Partnership (b)
05. Marregon (No. 2) Pty. Ltd.
06. CitiPower Pty. (FUCO)
07. CitiPower Trust (FUCO)
04. AEP Resources CitiPower II Pty. Ltd.
05. Australia's Energy Partnership (b)
06. Marregon (No. 2) Pty. Ltd.
07. CitiPower Pty. (FUCO)
08. CitiPower Trust (FUCO)
02. AEP Resources International, Limited
03. AEP Pushan Power LDC (c)
04. Nanyang General Light Electric Co., Ltd. (FUCO) (d)
03. AEP Resources Project Management Company, Ltd.
04. AEP Pushan Power LDC (c)
05. Nanyang General Light Electric Co., Ltd. (FUCO) (d)
02. AEP Delaware Investment Company
03. AEP Holdings I C.V. (FUCO) (e)
04. AEPR Global Investments (f)
05. AEPR Global Holland Holdings B.V. (FUCO)
04. AEP Holdings II C.V. (FUCO) (g)
05. AEP Energy Services UK Generation Limited (FUCO)
05. AEP Energy Services Limited (FUCO)
05. Intergen Denmark, Aps (FUCO) (h)
02. AEP Delaware Investment Company II (FUCO)
03. AEP Holdings II C.V. (FUCO) (g)
04. AEP Energy Services UK Generation Limited (FUCO)
04. AEP Energy Services Limited (FUCO)
04. Intergen Denmark, Aps (FUCO) (h)
02. AEP Delaware Investment Co. III
03. AEP Holdings I C.V. (FUCO) (e)
04. AEPR Global Investments (f)
05. AEPR Global Holland Holdings B.V. (FUCO)
04. AEP Holdings II C.V. (FUCO) (g)
05. AEP Energy Services UK Generation Limited (FUCO)
05. AEP Energy Services Limited (FUCO)
05. Intergen Denmark, Aps (FUCO) (h)
03. AEPR Global Investments (f)
04. AEPR Global Holland Holdings B.V. (FUCO)
01. Central and South West Corporation
02. CSW Energy, Inc.
03. Newgulf Power Venture, Inc. (EWG)
03. AEP Wind GP, LLC
03. AEP Wind LP, LLC
04. Trent Wind Farm L.P. (EWG) (i)
02. CSW International, Inc.
03. CSW International Two, Inc.
04. CSW UK Holdings
05. CSWI Europe Limited
06. South Coast Power Limited (FUCO) (j)
05. CSW UK Finance Company
06. CSW Investments
07. SEEBOARD Group plc
08. SEEBOARD plc (FUCO)
03. CSW International Three, Inc.
04. CSW UK Investments Limited
05. CSW Investments
06. SEEBOARD Group plc
07. SEEBOARD plc (FUCO)
03. CSW International, Inc. (a Cayman Island Company)
04. CSW Vale L.L.C. (FUCO) (k)
05. Empresa de Eletricidade Vale de Paranapanema S.A. (l)
03. CSW Vale L.L.C. (FUCO) (k)
(a) Owned 99% by AEP Indian Mesa LP, LLC and 1% by AEP Indian Mesa GP,LLC.
(b) Owned 99% by AEP Resources CitiPower I Pty. Ltd. and 1% by
AEP Resources CitiPower II Pty. Ltd.
(c) Owned 99% by AEP Resources International, Limited and 1% by
AEP Resources Project Management Company, Ltd.
(d) AEP Pushan Power LDC owns 70% and the remaining 30% is owned by two
unaffiliated companies.
(e) Owned 85% by AEP Delaware Investment Co. III and 15% by
AEP Delaware Investment Company.
(f) Owned 85% by AEP Holdings I C.V. and 15% by
AEP Delaware Investment Company III.
(g) Owned 85% by AEP Holdings I C.V. and 15% by
AEP Delaware Investment Company II.
(h) Owned 50% by AEP Holdings II C.V. and 50% by an unaffiliated company.
(i) Owned 99% by AEP Wind LP, LLC and 1% by AEP Wind GP, LLC.
(j) Owned 50% by CSWI Europe Limited and 50% by an unaffiliated company.
(k) Owned 99% by CSW International, Inc. (Cayman) and 1% by
CSW International, Inc. (Delaware).
(l) Owned 21.42% by CSW Vale L.L.C. and 78.58% by an unaffiliated company.
EXHIBIT H
Audited financial statements for American Electric Power Company's EWG's and
FUCO's are not available, therefore unaudited statements are included in this
filing and are filed confidentially pursuant to Rule 104(b) of the PUHCA.