November 15, 2004
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
INTERIM REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
NISOURCE INC.
801 E. 86TH AVE.
MERRILLVILLE, IN 46410
FILE NO. 70-10169
Gentlemen:
In compliance with the terms and conditions of Rule 24 under the
Public Utility Holding Company Act of 1935, and the Order of the Commission
dated December 30, 2003, authorizing the financing transactions and business
activities as more fully described in the Joint Application/Declaration, as
amended, in those proceedings, the undersigned hereby certifies to the
Commission that, during the quarter ended September 30, 2004:
1. The sales of any common stock and the purchase price per share and the
market price per share at the date of the agreement of sale
None
2. The total number of shares of common stock issued or issuable under
options granted during the quarter under NiSource's benefit plans or
otherwise
134,800
3. If common stock has been transferred to a seller of securities of a
company being acquired, the number of shares so issued, the value per
share and whether the shares are restricted to the acquiror
None
4. The amount and terms of any long-term debt, preferred stock, preferred
securities, equity-linked securities or short-term debt issued directly or
indirectly by NiSource
Please see Exhibit 1
5. The maximum outstanding amount of all borrowings under or investments in
the money pool by each money pool participant during the quarter, and the
rate or range of rates charged on money pool borrowings and paid on money
pool investments
Please see Exhibit 2
6. The number of shares of common stock issued by Columbia to NiSource and
the price per share paid
None
7. The principal amount, interest rate and maturity of any long-term debt
security issued by Columbia to NiSource Finance or other financing
subsidiary of NiSource
None
8. The number of shares of common stock issued by Columbia Maryland to
Columbia and the price per share paid
None
9. The principal amount, interest rate and maturity of any long-term debt
security issued by Columbia Maryland to Columbia
None
1
10. The amount and terms of any financings consummated by any non-utility
subsidiary that are not exempt under Rule 52
None
11. The name of the guarantor and of the beneficiary of any parent guarantee or
non-utility subsidiary guarantee issued, and the amount, terms and purpose
of the guarantee
Please see Exhibit 3
12. The notional amount and principal terms of any interest rate hedge or
anticipatory hedge entered into and identity of the parties to such
instruments
None
13. The name, parent company, and amount invested in any new intermediate
subsidiary or financing subsidiary
None
14. A list of Form U-6B-2 statements filed with the Commission, including the
name of the filing entity and the date of the filing
Columbia Energy Group U-6B-2 filed on behalf of Columbia of Ohio
Receivables Corporation on August 26, 2004.
Northern Indiana Public Service Company U-6B-2 filed on behalf of
NIPSCO Receivables Corporation on August 26, 2004.
15. Consolidated balance sheets as of the end of the quarter, and separate
balance sheets as of the end of the quarter for each company, including
NiSource and Columbia, that has engaged in authorized financing
transactions during the quarter
Please see the attached Exhibits 4 through 15 for balance sheets for
NiSource, Columbia Energy Group, Northern Indiana Public Service
Company, Bay State Gas Company, Northern Utilities, Kokomo Gas and
Fuel, Northern Indiana Fuel and Light, Columbia Gas of Kentucky,
Columbia Gas of Ohio, Columbia Gas of Pennsylvania Columbia Gas of
Virginia and Columbia Gas of Maryland.
16. The calculation of the portion of NiSource's loss that is attributable to
interest expense on the Acquisition Debt in tax year 2003 and the
allocation of income taxes to each of the members of the consolidated group
This information was previously filed confidentially pursuant to Rule
104 with an amendment, dated October 1, 2004, to NiSource's Annual
Report on Form U5S for the year ended December 31, 2003 (File No.
030-00350).
Very truly yours,
NiSource Inc.
By: /s/ Jeffrey W. Grossman
----------------------------
Jeffrey W. Grossman
Vice President
2
EXHIBIT #1
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #4
AMOUNT ISSUED DURING AMOUNT OUTSTANDING
THIRD QUARTER OF 2004 SEPTEMBER 30, 2004 TYPE OF DEBT
COMPANY (IN THOUSANDS) (IN THOUSANDS) OR SECURITY TERMS
------------------------------------------------------------------------------------------------------------------------------------
NiSource Finance Corp. 534,900 678,400 Short-term Debt Credit facility advances with
a weighted average interest
rate of 2.573%
NiSource Finance Corp. - 5,589,191 Long-term Debt Various maturity dates and
weighted average interest rates
------------------------------------------------------------------------------------------------------------------------------------
3
EXHIBIT #2
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #5
MAXIMUM AMOUNT MAXIMUM AMOUNT AVERAGE INTEREST
OUTSTANDING DURING INVESTED DURING RATE DURING
SUBSIDIARY (AMOUNTS IN THOUSANDS) THIRD QUARTER OF 2004 THIRD QUARTER OF 2004 THIRD QUARTER OF 2004
------------------------------------------------------------------------------------------------------------------
Bay State Gas Company 198,636 0 2.17%
Columbia Assurance Agency, Inc. N/A 37 2.17%
Columbia Accounts Receivable Corporation N/A 10,073 2.17%
Columbia Atlantic Trading Corporation N/A 740 2.17%
Columbia Deep Water Services Company 38 351 2.17%
Columbia Electric Corporation N/A 6,588 2.17%
Columbia Energy Services Corporation 58,203 0 2.17%
Columbia Energy Group N/A 511,616 2.17%
Columbia Gulf Transmission Company 0 25,324 2.17%
Columbia Gas of Virginia, Inc. 13,003 21,081 2.17%
NiSource Insurance Corporation, Ltd. N/A 246 2.17%
Columbia Gas of Kentucky, Inc. 0 32,422 2.17%
Columbia Gas of Maryland, Inc. 0 16,714 2.17%
CNS Microwave, Inc. N/A 1,944 2.17%
Columbia Network Services Corporation N/A 3,127 2.17%
Columbia Gas of Ohio, Inc. 180,573 136,088 2.17%
Columbia of Ohio Receivables Corp 0 172 2.17%
Columbia Gas of Pennsylvania, Inc. 73,747 31,654 2.17%
Columbia Remainder Corporation 0 0 2.17%
Crossroads Pipeline 15,074 0 2.17%
NiSource Corporate Services Company 80,547 0 2.17%
NiSource Development Company, Inc. 184,176 0 2.17%
EnergyUSA, Inc. 32,466 0 2.17%
EnergyUSA, Inc. (MA) 0 1,755 2.17%
Kokomo Gas and Fuel Company 0 8,572 2.17%
NiSource Capital Markets. Inc. N/A 298 2.17%
NI Energy Services, Inc. 49,023 0 2.17%
NiSource Energy Technologies, Inc. 22,707 0 2.17%
NiSource Finance Corp. N/A 868,414 2.17%
NiSource Inc. N/A 63,152 2.17%
Northern Indiana Fuel and Light Company, Inc. 0 11,210 2.17%
Northern Indiana Public Service Company 528,680 0 2.17%
NIPSCO Receivables Corporation 0 1,276 2.17%
NiSource Retail Service Corp 1,516 0 2.17%
Granite State Gas Transmission 9,292 0 2.17%
Northern Utilities, Inc. 6,006 8,906 2.17%
PEI Holdings, Inc. 124,131 0 2.17%
Columbia Gas Transmission Corporation 0 71,322 2.17%
EnergyUSA-TPC Corp. 37,066 5,851 2.17%
------------------------------------------------------------------------------------------------------------------
4
EXHIBIT #3
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM # 11
GUARANTEES
ISSUED DURING
2ND QUARTER 2004
GUARANTOR SUBSIDIARY (IN THOUSANDS) PURPOSE
--------------------------------------------------------------------------------------
*NiSource did not issue any guarantees during the quarter
--------------------------------------------------------------------------------------
5
EXHIBIT #4
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-----------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 16,124,503
Accumulated depreciation and amortization (7,203,631)
-----------------------------------------------------------------------------------
Net Utility Plant 8,920,872
-----------------------------------------------------------------------------------
Other property, at cost, less accumulated depreciation 458,064
-----------------------------------------------------------------------------------
Net Property, Plant and Equipment 9,378,935
-----------------------------------------------------------------------------------
INVESTMENTS:
Assets of discontinued operations and assets held for sale 19,201
Unconsolidated affiliates 96,295
Other investments 73,635
-----------------------------------------------------------------------------------
Total Investments 189,131
-----------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 40,371
Restricted cash 19,936
Accounts receivable - less reserve 318,316
Unbilled revenue - less reserve 76,584
Gas inventory 555,732
Underrecovered gas and fuel costs 185,640
Material and supplies, at average cost 71,335
Electric production fuel, at average cost 26,475
Price risk management asset 113,296
Exchange gas receivable 168,260
Regulatory assets 126,216
Prepayments and other 59,252
-----------------------------------------------------------------------------------
Total Current Assets 1,761,413
-----------------------------------------------------------------------------------
OTHER ASSETS:
Price risk management asset 168,470
Regulatory assets 575,192
Goodwill 3,698,071
Intangible assets 522,123
Deferred charges and other 169,455
-----------------------------------------------------------------------------------
Total Other Assets 5,133,311
-----------------------------------------------------------------------------------
TOTAL ASSETS $ 16,462,790
===================================================================================
6
EXHIBIT #4
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
----------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common Stock Equity $ 4,503,329
Preferred Stocks -
Subsidiary Companies
Series without mandatory redemption provisions 81,114
Long-term debt, excluding amounts due within one year 5,589,191
----------------------------------------------------------------------------------------
Total Capitalization 10,173,634
----------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 368,034
Short-term borrowings 678,400
Accounts payable 295,099
Dividends declared on common and preferred stocks 61,689
Customer deposits 82,028
Taxes accrued 161,236
Interest accrued 140,908
Overrecovered gas and fuel costs 27,132
Price risk management liabilities 48,362
Exchange gas payable 249,799
Current deferred revenue 25,787
Regulatory liabilities 36,516
Accrued liability for postretirement and pension benefits 47,010
Other accruals 362,966
----------------------------------------------------------------------------------------
Total current liabilities 2,584,966
----------------------------------------------------------------------------------------
OTHER:
Price risk management liabilities 5,694
Deferred income taxes 1,639,114
Deferred investment tax credits 80,632
Deferred credits 61,291
Non-current deferred revenue 93,674
Accrued liability for postretirement and pension benefits 432,937
Preferred stock liabilities with mandatory redemption provisions 1,238
Regulatory liabilities and other removal costs 1,175,989
Other noncurrent liabilities 213,621
----------------------------------------------------------------------------------------
Total other 3,704,190
----------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 16,462,790
========================================================================================
7
EXHIBIT #5
COLUMBIA ENERGY GROUP
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT AND EQUIPMENT
Utility Plant $ 8,302,805
Accumulated depreciation and amortization (3,705,700)
------------------------------------------------------------------------------
Net utility plant 4,597,105
------------------------------------------------------------------------------
Other property, at cost, less accumulated depreciation 1,839
------------------------------------------------------------------------------
Net Property, Plant and Equipment 4,598,943
------------------------------------------------------------------------------
INVESTMENTS AND OTHER ASSETS
Assets of discontinued operations and assets held for sale 19,201
Unconsolidated affiliates 35,200
Other investments 41,970
------------------------------------------------------------------------------
Total Investments 96,371
------------------------------------------------------------------------------
CURRENT ASSETS
Cash and cash equivalents 327,995
Restricted cash 625
Accounts receivable - less reserve 176,584
Unbilled revenue - less reserve 31,678
Gas inventory 389,943
Underrecovered gas and fuel costs 141,571
Materials and supplies, at average cost 20,914
Price risk management assets 53,639
Exchange gas receivable 123,940
Regulatory assets 96,654
Prepayments and other 40,131
------------------------------------------------------------------------------
Total Current Assets 1,403,674
------------------------------------------------------------------------------
OTHER ASSETS
Price risk management assets 122,942
Regulatory assets 348,444
Intangible assets 36
Deferred charges and other 105,691
------------------------------------------------------------------------------
Total Other Assets 577,113
------------------------------------------------------------------------------
TOTAL ASSETS $ 6,676,101
==============================================================================
8
EXHIBIT #5
COLUMBIA ENERGY GROUP
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-----------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION
Common Stock Equity $2,823,670
Long-term debt, excluding amounts due within one year 1,356,662
-----------------------------------------------------------------------------------
Total Capitalization 4,180,332
-----------------------------------------------------------------------------------
CURRENT LIABILITIES
Current portion of long-term debt 318
Accounts payable 134,642
Customer deposits 23,057
Taxes accrued 114,445
Interest accrued 36,495
Overrecovered gas and fuel costs 7,854
Price risk management liabilities 6,594
Exchange gas payable 247,988
Current deferred revenue 23,602
Regulatory liabilities 29,822
Accrued liability for postretirement and postemployment benefits 18,020
Other accruals 281,386
-----------------------------------------------------------------------------------
Total Current Liabilities 924,223
-----------------------------------------------------------------------------------
OTHER LIABILITIES AND DEFERRED CREDITS
Deferred income taxes 806,992
Deferred investment tax credits 25,827
Deferred credits 50,286
Noncurrent deferred revenue 93,173
Accrued liability for postretirement and postemployment benefits 92,374
Regulatory liabilities and other cost of removal 378,397
Other noncurrent liabilities 124,497
-----------------------------------------------------------------------------------
Total Other 1,571,546
-----------------------------------------------------------------------------------
COMMITMENTS AND CONTINGENCIES -
-----------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $6,676,101
===================================================================================
9
EXHIBIT #6
NORTHERN INDIANA PUBLIC SERVICE COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
----------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 6,698,187
Accumulated depreciation and amortization (3,165,059)
----------------------------------------------------------------------------------------
Net Utility Plant 3,533,128
----------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 2,319
----------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,604
Restricted cash 7,782
Accounts receivable - less reserve 60,330
Unbilled revenue - less reserve 31,044
Material and supplies, at average cost 44,284
Electric production fuel, at average cost 26,475
Natural gas in storage, at last in, first-out cost 104,990
Price risk management assets 9,762
Regulatory assets 18,487
Prepayments and other 50,271
----------------------------------------------------------------------------------------
Total Current Assets 355,029
----------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 196,150
Intangible assets 30,820
Deferred charges and other 6,109
----------------------------------------------------------------------------------------
Total Other Assets 233,079
----------------------------------------------------------------------------------------
TOTAL ASSETS $ 4,123,555
========================================================================================
10
EXHIBIT #6
NORTHERN INDIANA PUBLIC SERVICE COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
----------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 1,111,274
Preferred Stocks -
Series without mandatory redemption provisions 81,114
Long-term debt, excluding amount due within one year 497,828
----------------------------------------------------------------------------------------
Total Capitalization 1,690,216
----------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 73,275
Short-term borrowings 504,848
Accounts payable 111,076
Dividends declared on common and preferred stock 1,063
Customer deposits 54,087
Taxes accrued 88,364
Interest accrued 7,283
Overrecovered gas and fuel costs 17,641
Price risk management liabilities 661
Accrued liability for postretirement and pension benefits 23,027
Other accruals 63,744
----------------------------------------------------------------------------------------
Total current liabilities 945,069
----------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 457,493
Deferred investment tax credits 51,939
Deferred credits 19,162
Accrued liability for postretirement and pension benefits 233,279
Preferred stock liabilities with mandatory redemption provisions 1,238
Regulatory liabilities and other removal costs 704,451
Other noncurrent liabilities 20,708
----------------------------------------------------------------------------------------
Total other 1,488,270
----------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 4,123,555
========================================================================================
11
EXHIBIT #7
BAY STATE GAS COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
----------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 951,392
Accumulated depreciation and amortization (255,630)
----------------------------------------------------------------------------------
Net Utility Plant 695,762
----------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 1,855
----------------------------------------------------------------------------------
INVESTMENTS:
Unconsolidated affiliates 34
----------------------------------------------------------------------------------
Total Investments 34
----------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 2,055
Restricted cash 233
Accounts receivable - less reserve 34,290
Unbilled revenue - less reserve 12,501
Gas Inventory 42,208
Underrecovered gas and fuel costs 40,968
Material and supplies, at average cost 4,419
Price risk management asset 1,808
Exchange gas receivable 38,555
Regulatory assets 10,845
Prepayments and other 3,580
----------------------------------------------------------------------------------
Total Current Assets 191,462
----------------------------------------------------------------------------------
OTHER ASSETS:
Price risk management asset 131
Regulatory assets 38,586
Intangible assets 464,196
Deferred charges and other 12,852
----------------------------------------------------------------------------------
Total Other Assets 515,765
----------------------------------------------------------------------------------
TOTAL ASSETS $ 1,404,878
==================================================================================
12
EXHIBIT #7
BAY STATE GAS COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 540,502
Long-term debt excluding amt due within one year 162,667
-------------------------------------------------------------------------------
Total Capitalization 703,169
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 10,833
Short-term borrowings 204,156
Accounts payable 33,268
Customer deposits 4,171
Interest accrued 1,057
Regulatory liabilities 6,071
Other accruals 23,109
-------------------------------------------------------------------------------
Total current liabilities 282,665
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 292,307
Deferred investment tax credits 2,180
Accrued liability for postretirement and pension benefits 21,247
Regulatory liabilities and other removal costs 95,933
Other noncurrent liabilities 7,377
-------------------------------------------------------------------------------
Total other 419,044
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 1,404,878
===============================================================================
13
EXHIBIT #8
NORTHERN UTILITIES, INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 183,161
Accumulated depreciation and amortization (45,195)
--------------------------------------------------------------------------------
Net Utility Plant 137,966
--------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 1,781
--------------------------------------------------------------------------------
INVESTMENTS:
Unconsolidated affiliates 2
--------------------------------------------------------------------------------
Total Investments 2
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 424
Restricted cash 233
Accounts receivable - less reserve 5,646
Unbilled revenue - less reserve 2,358
Gas inventory 1,307
Underrecovered gas and fuel costs 3,403
Material and supplies, at average cost 867
Price risk management asset 1,809
Exchange gas receivable 25,129
Prepayments and other 315
--------------------------------------------------------------------------------
Total Current Assets 41,491
--------------------------------------------------------------------------------
OTHER ASSETS:
Price risk management asset 131
Regulatory assets 21,140
Intangible assets 78,429
Deferred charges and other 1,785
--------------------------------------------------------------------------------
Total Other Assets 101,485
--------------------------------------------------------------------------------
TOTAL ASSETS $ 282,725
================================================================================
14
EXHIBIT #8
NORTHERN UTILITIES, INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 116,607
Long-term debt excluding amt due within one year 64,167
-------------------------------------------------------------------------------
Total Capitalization 180,774
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 833
Short-term borrowings 6,001
Accounts payable 9,238
Customer deposits 1,016
Interest accrued 50
Regulatory liabilities 2,303
Other accruals 6,297
-------------------------------------------------------------------------------
Total current liabilities 25,738
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 53,381
Deferred investment tax credits 221
Accrued liability for postretirement and pension benefits 2,735
Regulatory liabilities and other removal costs 13,599
Other noncurrent liabilities 6,277
-------------------------------------------------------------------------------
Total other 76,213
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 282,725
===============================================================================
15
EXHIBIT #9
KOKOMO GAS AND FUEL COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 57,676
Accumulated depreciation and amortization (33,958)
-------------------------------------------------------------------------------
Net Utility Plant 23,718
-------------------------------------------------------------------------------
INVESTMENTS:
Unconsolidated affiliates 5
-------------------------------------------------------------------------------
Total Investments 5
-------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,872
Accounts receivable - less reserve 9,376
Unbilled revenue - less reserve 620
Gas Inventory 884
Material and supplies, at average cost 371
Price risk management assets 1,123
Prepayments and other 108
-------------------------------------------------------------------------------
Total Current Assets 14,354
-------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 381
Goodwill 16,439
Intangible assets 159
Deferred charges and other 181
-------------------------------------------------------------------------------
Total Other Assets 17,160
-------------------------------------------------------------------------------
TOTAL ASSETS $ 55,237
--=============================================================================
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 39,623
-------------------------------------------------------------------------------
Total Capitalization 39,623
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 2,325
Customer deposits 524
Taxes accrued 822
Interest accrued 156
Overrecovered gas and fuel costs 1,638
Other accruals 1,960
-------------------------------------------------------------------------------
Total current liabilities 7,425
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 3,830
Deferred investment tax credits 402
Accrued liability for postretirement and pension benefits 1,353
Regulatory liabilities and other removal costs 2,599
Other noncurrent liabilities 5
-------------------------------------------------------------------------------
Total other 8,189
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 55,237
===============================================================================
16
EXHIBIT #10
NORTHERN INDIANA FUEL AND LIGHT COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 57,676
Accumulated depreciation and amortization (24,743)
--------------------------------------------------------------------------------
Net Utility Plant 32,933
--------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 662
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 2,027
Accounts receivable - less reserve 10,728
Unbilled revenue - less reserve 741
Gas inventory 5,796
Underrecovered gas and fuel costs 3,101
Material and supplies, at average cost 332
Price risk management asset 622
Prepayments and other 175
--------------------------------------------------------------------------------
Total Current Assets 23,522
--------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 77
Goodwill 13,307
Intangible assets 591
Deferred charges and other 585
--------------------------------------------------------------------------------
Total Other Assets 14,560
--------------------------------------------------------------------------------
TOTAL ASSETS $ 71,677
================================================================================
--------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 51,022
--------------------------------------------------------------------------------
Total Capitalization 51,022
--------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 3,299
Customer deposits 152
Taxes accrued 825
Interest accrued 30
Regulatory liabilities 622
Other accruals 528
--------------------------------------------------------------------------------
Total current liabilities 5,456
--------------------------------------------------------------------------------
OTHER:
Deferred income taxes 5,934
Deferred investment tax credits 266
Deferred credits 2
Accrued liability for postretirement and pension benefits 7,768
Regulatory liabilities and other removal costs 1,000
Other noncurrent liabilities 229
--------------------------------------------------------------------------------
Total other 15,199
--------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 71,677
================================================================================
17
EXHIBIT #11
COLUMBIA GAS OF KENTUCKY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 239,583
Accumulated depreciation and amortization (85,880)
-------------------------------------------------------------------------------
Net Utility Plant 153,703
-------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 273
Accounts receivable - less reserve 6,348
Unbilled revenue - less reserve 2,221
Gas inventory 20,256
Underrecovered gas and fuel costs 5,909
Material and supplies, at average cost 65
Exchange gas receivable 263
Regulatory assets 496
Prepayments and other 996
-------------------------------------------------------------------------------
Total Current Assets 36,827
-------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 2,614
Deferred charges and other 1,152
-------------------------------------------------------------------------------
Total Other Assets 3,766
-------------------------------------------------------------------------------
TOTAL ASSETS $ 194,296
===============================================================================
18
EXHIBIT #11
Columbia Gas of Kentucky
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15
As of September 30, (in thousands) 2004
---------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 74,080
Long-term debt excluding amt due within one year 42,123
---------------------------------------------------------------------------------
Total Capitalization 116,203
---------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 34
Accounts payable 11,201
Customer deposits 2,558
Taxes accrued 2,763
Interest accrued 64
Exchange gas payable 4,005
Regulatory liabilities 3,207
Accrued liability for postretirement and pension benefits 163
Other accruals 11,201
---------------------------------------------------------------------------------
Total current liabilities 35,196
---------------------------------------------------------------------------------
OTHER:
Deferred income taxes 15,104
Deferred investment tax credits 1,140
Accrued liability for postretirement and pension benefits 1,507
Regulatory liabilities and other removal costs 23,779
Other noncurrent liabilities 1,367
---------------------------------------------------------------------------------
Total other 42,897
---------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 194,296
=================================================================================
19
EXHIBIT #12
COLUMBIA GAS OF OHIO
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 1,609,445
Accumulated depreciation and amortization (574,271)
--------------------------------------------------------------------------------
Net Utility Plant 1,035,174
--------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 1,270
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 3,207
Accounts receivable - less reserve 45,086
Unbilled revenue - less reserve 11,143
Gas inventory 249,321
Underrecovered gas and fuel costs 93,389
Material and supplies, at average cost 2,000
Exchange gas receivable 11,675
Regulatory assets 81,627
Prepayments and other 11,145
--------------------------------------------------------------------------------
Total Current Assets 508,593
--------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 225,506
Intangible assets 318
Deferred charges and other 78,597
--------------------------------------------------------------------------------
Total Other Assets 304,421
--------------------------------------------------------------------------------
TOTAL ASSETS $ 1,849,458
================================================================================
20
EXHIBIT #12
COLUMBIA GAS OF OHIO
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 515,363
Long-term debt excluding amt due within one year 306,629
-------------------------------------------------------------------------------
Total Capitalization 821,992
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current portion of long-term debt 264
Short-term borrowings 141,494
Accounts payable 85,165
Customer deposits 11,432
Taxes accrued 38,747
Interest accrued 973
Price risk management liabilities 5,727
Exchange gas payable 92,161
Current deferred revenue 1,242
Regulatory liabilities 24,323
Accrued liability for postretirement and pension benefits 7,024
Other accruals 140,399
-------------------------------------------------------------------------------
Total current liabilities 548,951
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 162,607
Deferred investment tax credits 14,529
Accrued liability for postretirement and pension benefits 42,186
Regulatory liabilities and other removal costs 206,175
Other noncurrent liabilities 53,018
-------------------------------------------------------------------------------
Total other 478,515
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 1,849,458
===============================================================================
21
EXHIBIT #13
COLUMBIA GAS OF PENNSYLVANIA
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 697,604
Accumulated depreciation and amortization (236,843)
-------------------------------------------------------------------------------
Net Utility Plant 460,761
-------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 8
-------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,492
Accounts receivable - less reserve 30,110
Unbilled revenue - less reserve 13,104
Gas inventory 88,101
Underrecovered gas and fuel costs 42,273
Material and supplies, at average cost 1,191
Exchange gas receivable 30,364
Regulatory assets 5,360
Prepayments and other 2,732
-------------------------------------------------------------------------------
Total Current Assets 214,727
-------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 65,468
Intangible assets 36
Deferred charges and other 3,043
-------------------------------------------------------------------------------
Total Other Assets 68,547
-------------------------------------------------------------------------------
TOTAL ASSETS $ 744,043
===============================================================================
22
EXHIBIT #13
COLUMBIA GAS OF PENNSYLVANIA
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 216,659
Long-term debt excluding amt due within one year 185,215
-------------------------------------------------------------------------------
Total Capitalization 401,874
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 66,284
Accounts payable 40,353
Customer deposits 2,607
Taxes accrued 5,836
Interest accrued 32
Price risk management liabilities 868
Exchange gas payable 39,587
Regulatory liabilities 145
Accrued liability for postretirement and pension benefits 4,168
Other accruals 39,440
-------------------------------------------------------------------------------
Total current liabilities 199,320
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 109,880
Deferred investment tax credits 6,875
Accrued liability for postretirement and pension benefits 10,250
Regulatory liabilities and other removal costs 8,689
Other noncurrent liabilities 7,155
-------------------------------------------------------------------------------
Total other 142,849
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 744,043
===============================================================================
23
EXHIBIT #14
COLUMBIA GAS OF VIRGINIA
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
-------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 526,387
Accumulated depreciation and amortization (120,732)
-------------------------------------------------------------------------
Net Utility Plant 405,655
-------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 548
Accounts receivable - less reserve 9,139
Unbilled revenue - less reserve 4,163
Gas inventory 26,586
Material and supplies, at average cost 1,125
Exchange gas receivable 4,355
Regulatory assets 255
Prepayments and other 3,429
-------------------------------------------------------------------------
Total Current Assets 49,600
-------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 7,690
Intangible assets 39
Deferred charges and other 13,151
-------------------------------------------------------------------------
Total Other Assets 20,880
-------------------------------------------------------------------------
TOTAL ASSETS $ 476,135
=========================================================================
-------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 188,650
Long-term debt excluding amt due within one year 130,175
-------------------------------------------------------------------------
Total Capitalization 318,825
-------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 11,599
Accounts payable 17,598
Customer deposits 6,006
Taxes accrued 6,862
Interest accrued 92
Overrecovered gas and fuel costs 4,156
Exchange gas payable 7,916
Regulatory liabilities 127
Accrued liability for postretirement and pension benefits 2,124
Other accruals 8,478
-------------------------------------------------------------------------
Total current liabilities 64,958
-------------------------------------------------------------------------
OTHER:
Deferred income taxes 39,252
Deferred investment tax credits 1,819
Accrued liability for postretirement and pension benefits 5,185
Regulatory liabilities and other removal costs 18,973
Other noncurrent liabilities 27,123
-------------------------------------------------------------------------
Total other 92,352
-------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 476,135
=========================================================================
24
EXHIBIT #15
COLUMBIA GAS OF MARYLAND
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-10169
ITEM #15
As of September 30, (in thousands) 2004
------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 86,989
Accumulated depreciation and amortization (26,352)
------------------------------------------------------------------------------
Net Utility Plant 60,637
------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 1
------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 161
Accounts receivable - less reserve 6,111
Unbilled revenue - less reserve 893
Gas inventory 5,679
Material and supplies, at average cost 620
Exchange gas receivable 1
Regulatory assets 238
Prepayments and other 1,316
------------------------------------------------------------------------------
Total Current Assets 15,019
------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 1,563
Deferred charges and other 71
------------------------------------------------------------------------------
Total Other Assets 1,634
------------------------------------------------------------------------------
TOTAL ASSETS $ 77,291
==============================================================================
------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 25,329
Long-term debt excluding amt due within one year 18,975
------------------------------------------------------------------------------
Total Capitalization 44,304
------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 3,549
Customer deposits 454
Taxes accrued 785
Interest accrued 5
Overrecovered gas and fuel costs 3,697
Exchange gas payable 411
Regulatory liabilities 4
Accrued liability for postretirement and pension benefits 333
Other accruals 2,004
------------------------------------------------------------------------------
Total current liabilities 11,242
------------------------------------------------------------------------------
OTHER:
Deferred income taxes 6,710
Deferred investment tax credits 661
Accrued liability for postretirement and pension benefits 1,192
Regulatory liabilities and other removal costs 12,499
Other noncurrent liabilities 683
------------------------------------------------------------------------------
Total other 21,745
------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 77,291
==============================================================================
25