SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the Quarterly Period Ended December 31, 2004
E.ON AG
E.ON US Holding GmbH
E.ON US Investments Corp.
LG&E Energy LLC
(Name of Registered Holding Company)
E.ON AG
E.ON-Platz 1
40479 Dusseldorf
Germany
(Address of Principal Executives Offices)
Inquiries concerning this Form U-9C-3 may be directed to:
Dr. Rainer
Liesen
General Legal Affairs
E.ON AG
E.ON-Platz 1
40479 Dusseldorf
Germany
E.ON AG
FORM U-9C-3
For the Quarter Ended December 31, 2004
Table of Contents
Item 1. | ORGANIZATION CHART | 1 | ||
Item 2. |
ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS |
2 |
||
Item 3. |
ASSOCIATED TRANSACTIONS |
3 |
||
Item 4. |
SUMMARY OF AGGREGATE INVESTMENT |
6 |
||
Item 5. |
OTHER INVESTMENTS |
8 |
||
Item 6. |
FINANCIAL STATEMENTS AND EXHIBITS |
9 |
i
This report covers the quarter ended December 31, 2004.
Name of Reporting Company |
Energy or Gas-related Company |
Date of Organization |
State/Country of Organization |
Percentage of Voting Securities Held |
Nature of Business |
|||||
---|---|---|---|---|---|---|---|---|---|---|
Omitted for the fourth quarter of the fiscal year pursuant to instructions for Item 1.
1
Item 2.ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Company Issuing Security |
Type of Security Issued |
Principal Amount of Security |
Issue or Renewal |
Cost of Capital |
Person to Whom Security was Issued |
Collateral Given with Security |
Consideration Received for Each Security |
||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
LG&E Capital | Money pool loan | $ | 45,393,501* | | | Money Pool | N/A | | |||||||
LG&E Energy Marketing | Money pool loan | $ | 31,924,973* | | | Money Pool | N/A | |
With respect to transactions with an associate company:
Company Contributing Capital |
Company Receiving Capital |
Amount of Capital Contribution |
||
---|---|---|---|---|
NONE | ||||
2
Item 3.ASSOCIATED TRANSACTIONS
NOTE: Chart reflects the net inter-company balance sheet flows between the entities with respect to the period. In some cases, this includes amounts not related to applicable services provided or received by the entities involved. Among other items, "miscellaneous services" also includes quarterly intercompany clearance of tax settlements made among the entities.
Part I.Transactions Performed by Reporting Companies on behalf of Associate Companies.
Reporting Company Rendering Services |
Associate Company Receiving Services |
Types of Services Rendered |
Direct Costs Charged |
Indirect Costs Charged |
Cost of Capital |
Total Amount Billed |
||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCD LLC | LCC | Miscellaneous services | $ | 27,228 | $ | 27,228 | ||||||||
FCD LLC | WKEC | Miscellaneous services | $ | 2,129 | $ | 2,129 | ||||||||
FCD LLC | LEL | Miscellaneous services | $ | 6,474 | $ | 6,474 | ||||||||
LCC LLC | LEL | Miscellaneous services | $ | 154 | $ | 154 | ||||||||
FSF Minerals | LEL | Miscellaneous services | $ | 6,024 | $ | 6,024 | ||||||||
Home Services | Services Company | Miscellaneous services | $ | 143 | $ | 143 | ||||||||
Home Services | LG&E Utility | Miscellaneous services | $ | 3,333 | $ | 3,333 | ||||||||
Home Services | LCC | Miscellaneous services | $ | 1,988 | $ | 1,988 | ||||||||
Home Services | Kentucky Utilities | Miscellaneous services | $ | 681 | $ | 681 | ||||||||
LEM | LCC | Miscellaneous services | $ | 106,509 | $ | 106,509 | ||||||||
LEM | LEL | Miscellaneous services | $ | 110,379 | $ | 110,379 | ||||||||
LG&E Power Inc. | LG&E Power Services | Miscellaneous services | $ | 350,970 | $ | 350,970 | ||||||||
LG&E Power Inc. | LG&E Power Services | Convenience payments | $ | 222 | $ | 222 | ||||||||
LG&E Power Inc. | LG&E Power Operations Inc. | Miscellaneous services | $ | 1,121,180 | $ | 1,121,180 | ||||||||
LG&E Power Inc. | LG&E Power Operations Inc. | Convenience payments | $ | 23,689 | $ | 23,689 | ||||||||
LG&E Power Inc. | LG&E Power 16 Inc. | Convenience payments | $ | 2,550 | $ | 2,550 | ||||||||
LG&E Power Inc. | American Power Inc. | Miscellaneous services | $ | 915,764 | $ | 915,764 | ||||||||
LG&E Power Inc. | LG&E Power Roanoke Inc. | Convenience payments | $ | 70,732 | $ | 70,732 | ||||||||
LG&E Power Inc. | LG&E Power Services | Labor related | $ | 2,165 | $ | 2,165 | ||||||||
LG&E Power Services LLC | LG&E Power Inc. | Miscellaneous services | $ | 58,912 | $ | 58,912 | ||||||||
LG&E Power Services LLC | LG&E Power Inc. | Convenience payments | $ | 740 | $ | 740 | ||||||||
LG&E Power Services LLC | LG&E Power Inc. | Labor related | $ | 1,741 | $ | 1,741 | ||||||||
LG&E Power Services LLC | LG&E Power Operations | Convenience payments | $ | 101 | $ | 101 | ||||||||
LG&E Power Operations | LG&E Power Inc. | Miscellaneous services | $ | 933,000 | $ | 933,000 | ||||||||
LG&E Power Operations | LG&E Power Inc. | Convenience payments | $ | 6,701 | $ | 6,701 | ||||||||
LG&E Power Operations | LG&E Power Services | Labor related | $ | 4,826 | $ | 4,826 | ||||||||
LG&E Power Operations | LG&E Power Roanoke Inc. | Miscellaneous services | $ | 7,354,205 | $ | 7,354,205 | ||||||||
LG&E Power Operations | LG&E Power Argentina I Inc | Miscellaneous services | $ | 66 | $ | 66 | ||||||||
LG&E Power Operations | LG&E Power Development | Other payments | $ | 1,791 | $ | 1,791 | ||||||||
3
LG&E Power Operations | LG&E Power 16 Inc. | Miscellaneous services | $ | 98,738 | $ | 98,738 | ||||||||
LG&E Power Operations | LG&E Power 16 Inc. | Convenience payments | $ | 340 | $ | 340 | ||||||||
LG&E Power Operations | LG&E Power 31 Inc. | Miscellaneous services | $ | 14,543 | $ | 14,543 | ||||||||
LG&E Power Operations | LG&E Power 5 Inc. | Miscellaneous services | $ | 22,619 | $ | 22,619 | ||||||||
LG&E Power Operations | LG&E Power 31 Wind Inc. | Miscellaneous services | $ | 587,168 | $ | 587,168 | ||||||||
LG&E Power Operations | Llano Gathering | Convenience payments | $ | 20,288 | $ | 20,288 | ||||||||
LG&E Power Operations | LG&E Power Gregory II | Miscellaneous services | $ | 542,698 | $ | 542,698 | ||||||||
LG&E Power Operations | LG&E Power Spain Inc. | Miscellaneous services | $ | 45,910 | $ | 45,910 | ||||||||
KU Solutions | LEL | Miscellaneous services | $ | 8,774 | $ | 8,774 | ||||||||
KU Solutions | LCC | Miscellaneous services | $ | 10,000 | $ | 10,000 | ||||||||
KUCC Paris | LEL | Miscellaneous services | $ | 70,388 | $ | 70,388 | ||||||||
LG&E Power Gregory I | LG&E Power Operations | Miscellaneous services | $ | 2,806,874 | $ | 2,806,874 |
4
Part IITransactions Performed by Associate Companies on behalf of Reporting Companies.
Reporting Company Rendering Services |
Associate Company Receiving Services |
Types of Services Rendered |
Direct Costs Charged |
Indirect Costs Charged |
Cost of Capital |
Total Amount Billed |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
LG&E Utility | Home Services | Miscellaneous services | $ | 47 | $ | 47 | |||||||||
Kentucky Utilities | KU Solutions | Labor related | $ | 51,309 | $ | 51,309 | |||||||||
Kentucky Utilities | KU Solutions | Convenience payments | $ | 170,733 | $ | 170,733 | |||||||||
Services Company | LG&E Power Inc. | Miscellaneous services | $ | 2,637,467 | $ | 78,588 | $ | 2,716,055 | |||||||
Services Company | LEM | Miscellaneous services | $ | 1,983,790 | $ | 399,099 | $ | 2,382,889 | |||||||
LEL | KUCC Paris | Miscellaneous services | $ | 162 | $ | 162 | |||||||||
LEL | FCD LLC | Miscellaneous services | $ | 56,524 | $ | 56,524 | |||||||||
LEL | Home Services | Miscellaneous services | $ | 14,328 | $ | 14,328 | |||||||||
LEL | LEM | Miscellaneous services | $ | 6 | $ | 6 | |||||||||
LCC | FSF Minerals Inc. | Miscellaneous services | $ | 249,221 | $ | 249,221 | |||||||||
LCC | KU Solutions | Miscellaneous services | $ | 30,000 | $ | 30,000 | |||||||||
LCC | FCD LLC | Miscellaneous services | $ | 124,897 | $ | 124,897 |
Company Names:
LEL | LG&E Energy LLC | |
LCC | LG&E Capital Corp. | |
LG&E Utility | Louisville Gas and Electric Company | |
Kentucky Utilities | Kentucky Utilities Company | |
WKEC | Western Kentucky Energy Corp. | |
Enertech | LG&E Enertech Inc. | |
Home Services | LG&E Home Services Inc. | |
KU Solutions | KU Solutions Corporation | |
LEM | LG&E Energy Marketing Inc. | |
Services Company | LG&E Energy Services Inc. | |
LG&E Power Operations | LG&E Power Operations Inc. |
5
Item 4.SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies:
Total consolidated capitalization as of December 31, 2004 | $ | 78,527,954,000 | Line 1 | ||
Total capitalization multiplied by 15% (Line 1 multiplied by 0.15) |
$ |
11,779,193,100 |
Line 2 |
||
Greater of $50 million or Line 2 |
$ |
11,779,193,100 |
Line 3 |
||
Total current aggregate investment*: (categorized by major line of energy-related business) |
|||||
Energy-related business CategoryRule 58(b)(1)(i) (1) |
$ |
0 |
|||
Energy-related business CategoryRule 58(b)(1)(ii) (2) |
$ |
0 |
|||
Energy-related business CategoryRule 58(b)(1)(iv) (3) |
$ |
4,203,645 |
|||
Energy-related business CategoryRule 58(b)(1)(v) (4) |
$ |
848,744,205 |
|||
Energy-related business CategoryRule 58(b)(1)(vii) (5) |
$ |
19,976,692 |
|||
Energy-related business CategoryRule 58(b)(1)(viii) (6) |
$ |
72,329,696 |
|||
Energy-related business CategoryRule 58(b)(1)(ix) (7) |
$ |
6,543,873 |
|||
Total current aggregate investment | $ | 951,798,111 | Line 4 | ||
Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system (line 3 less line 4) | $ | 10,827,394,989 | Line 5 | ||
6
primarily to enable the qualifying facility to satisfy the useful thermal output requirements under PURPA.
Investments in gas-related companies:
Total current aggregate investment: (categorized by major line of gas-related business) |
|||
Gas-related business CategoryRule 58(b)(2)(i) (1) |
$ |
0 |
|
Gas-related business CategoryRule 58(b)(2)(ii) (2) |
$ |
0 |
|
Total current aggregate investment |
$ |
0 |
|
7
Major Line of Energy-Related Business |
Other Investment in Last U-9C-3 Report |
Other Investment in this U-9C-3 |
Reason for Difference in Other Investment |
|||||
---|---|---|---|---|---|---|---|---|
Gas related businesses | $ | 22,298,253 | $ | 22,322,388 | Changes in intercompany advances from 09/30/04 amounts | |||
International investments (Argentine gas distribution and Spanish generation) | $ | 43,859,518 | $ | 42,554,404 | Changes in intercompany advances from 09/30/04 amounts | |||
Consumer credit investments (LG&E Credit Corp) |
$ |
269,366 |
$ |
297,351 |
Changes in intercompany advances from 9/30/04 amounts |
|||
Unregulated generation investments |
$ |
88,416,157 |
$ |
101,760,887 |
Changes in intercompany advances from 09/30/04 amounts. |
8
Item 6.FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements:
Exhibit A | Financial Statements for Reporting Companies. | |
Omitted for fourth quarter of fiscal year pursuant to Instructions to Item 6. |
9
B. Exhibits:
Exhibit B-1 | Copies of contracts required to be provided by Item 3 | |
None |
||
Exhibit B-2 |
Officer's Certification |
10
The undersigned registered holding companies have duly caused this quarterly report to be signed on their behalf by the undersigned officers thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935.
E.ON AG E.ON US Holding GmbH E.ON US Investments Corp. LG&E Energy LLC |
|||
Date: March 30, 2005 |
E.ON AG |
||
By: |
/s/ MICHAEL C. WILHELM |
||
Name: | Michael C. Wilhelm | ||
Title: | Senior Vice President Accounting | ||
By: |
/s/ KARL-HEINZ FELDMANN |
||
Name: | Karl-Heinz Feldmann | ||
Title: | Senior Vice President Legal Affairs, General Counsel |
Exhibit B-2
I hereby certify that the Form U-9C-3 for E.ON AG for the previous quarter has been provided to the state commissions listed below:
Kentucky
Public Service Commission
211 Sower Boulevard
Frankfurt, KY 40601
Virginia
State Corporation Commission
1300 E. Main Street
Richmond, VA 23219
Date: March 30, 2005 | E.ON AG | ||
By: |
/s/ MICHAEL C. WILHELM |
||
Name: | Michael C. Wilhelm | ||
Title: | Senior Vice President Accounting | ||
By: |
/s/ KARL-HEINZ FELDMANN |
||
Name: | Karl-Heinz Feldmann | ||
Title: | Senior Vice President Legal Affairs, General Counsel |