UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY HOLDING
COMPANY ACT OF 1935.
For the quarterly period ended March 31, 2004
SCANA Corporation
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(Name of registered holding company)
1426 Main Street, Columbia, South Carolina 29201
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(Address of principal executive offices)
Table of Contents
Item
No. Title Page
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1 Organization Chart 2
2 Issuances and Renewals of Securities and Capital Contributions 3
3 Associate Transactions 3
4 Summary of Aggregate Investment 4
5 Other Investments 5
6 Financial Statements and Exhibits 6
ITEM 1 - ORGANIZATION CHART
Name Energy Percentage
of or Date State of Voting
Reporting Gas - related of of Securities Nature of
Company Company Organization Organization Held Business
- ------- ------- ------------ ------------ ---- --------
SCANA Corporation (a)
SCANA Resources, Inc. Energy September 8, 1987 South Carolina 100% Renders energy management
services
South Carolina Electric & Gas Company
(b)
SC Coaltech No. 1 LP Energy April 7, 2000 Delaware 40% Production and sale of
synthetic fuel
Coaltech No. 1 LP Energy March 7, 1997 Delaware 25% Production and sale of
synthetic fuel
SCANA Energy Marketing, Inc. Energy June 30, 1987 South Carolina 100% Markets electricity and
natural gas
ServiceCare, Inc. Energy September 30, 1994 South Carolina 100% Provides energy-related
products and service
contracts on home appliances
Primesouth, Inc. Energy August 25, 1986 South Carolina 100% Engages in power plant
management and maintenance
services
Public Service Company of North Carolina,
Incorporated (b)
Clean Energy Enterprises, Inc. Energy December 30, 1994 North Carolina 100% Sells, installs and services
compressed natural gas
conversion equipment
PSNC Blue Ridge Corporation Energy August 31, 1992 North Carolina 100% Renders energy management
services
PSNC Cardinal Pipeline Company Energy December 1, 1995 North Carolina 100% Transportation of natural gas
SCG Pipeline, Inc. Energy April 10, 2001 South Carolina 100% Transportation of natural gas
Cogen South LLC Energy June 1, 1996 Delaware 50% Operates boilers and turbines
at a cogeneration facility
South Carolina Pipeline Corporation Energy September 9, 1977 South Carolina 100% Transportation of natural gas
SCANA Corporate Security Services, Inc. (new) Energy March 19, 2004 South Carolina 100% Engages in technical,
operational and management
services
(a) The registered holding company is not a reporting company, but is included
herein because it directly and/or indirectly holds securities in energy-related
companies. (b) These SCANA Corporation system companies are not reporting
companies, but they are included herein because they hold securities directly in
the energy-related companies set forth
below their names.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Principal Issue Person to Collateral Consideration
Type of Amount of or Cost of Whom Security Given with for Each
Company Issuing Security Security Issued Security Renewal Capital Was Issued Security Security
------------------------ --------------- -------- ------- ------- ---------- -------- --------
SCANA Corporate Security Services, Inc. Common Stock $1,000 Issue $1,000 SCANA Corporation None $1,000
Company Contributing Capital Company Receiving Capital Amount of Capital Contribution
South Carolina Electric & Gas Company SC Coaltech No. l LP $2,504,000
South Carolina Electric & Gas Company Coaltech No. l LP $956,847
ITEM 3 - ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies
Reporting Company Associate Company Types of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
SC Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $26,823,062 - - $26,823,062
& Gas Company
Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $11,865,819 - - $11,865,819
& Gas Company
SCG Pipeline, Inc. SCANA Energy Marketing, Inc. Transportation of Gas $1,788,478 - - $1,788,478
PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies
Associate Company Reporting Company Type of Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------------------- ------- ------------- ------- ------
South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $28,022,030 - - $28,022,030
South Carolina Electric & Gas Company SC Coaltech No.1 LP Fuel Handling $2,370,899 - - $2,370,899
South Carolina Electric & Gas Company Coaltech No. 1 LP Coal Sales $12,136,522 - - $12,136,522
South Carolina Electric & Gas Company Coaltech No. 1 LP Fuel Handling $230,265 - - $230,265
South Carolina Pipeline Corporation SCG Pipeline, Inc. Construction and
Operation of Pipeline $354,925 16,690 - $371,615
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
(Dollars in Thousands)
Investments in energy-related companies:
Total consolidated capitalization as of March 31, 2004 $6,210,235(A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 931,535 Line 2
Greater of $50 million or line
2 $931,535 Line 3
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business category 1 -
Energy-related business category 2 -
Energy-related business category 3 -
Energy-related business category 4 -
Energy-related business category 5 -
Energy-related business category 6 (B) 2,702
Energy-related business category 7 (C) 1
Energy-related business category 8 -
Energy-related business category 9 (D) 29,786
Energy-related business category 10 -
Total current aggregate investment $32,489 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) $899,046 Line 5
Investments in gas-related companies:
Total current aggregate investment:
(categorized by major line of gas-related business)
Gas-related business category 1 -
Gas-related business category 2 -
Total current aggregate investment -
----------------
(A) Includes common equity, preferred stock, long-term debt and current
maturities and short-term borrowings.
(B) Consists of investments in SC Coaltech No. l LP and Coaltech No. 1 LP
(C) Consists of investment in SCANA Corporate Security, Inc.
(D) Consists of investment in SCG Pipeline, Inc.
ITEM 5 - OTHER INVESTMENTS
(Dollars in Thousands)
Major line of energy- Other investment in Other investment in Reason for difference
related business last U-9C-3 report this U-9C-3 report in Other Investment
---------------- ------------------ ------------------ -------------------
Energy-related business category 1
SCANA Resources, Inc. $497 $504 Net earnings of subsidiary.
PSNC Blue Ridge Corporation $6,463 $6,150 Other comprehensive income (loss)
from derivatives and net
earnings of subsidiary.
Energy-related business category 3
Clean Energy Enterprises, Inc. $403 $408 Net earnings of subsidiary.
Energy-related business category 4
ServiceCare, Inc. $3,476 $4,174 Net earnings of subsidiary.
Energy-related business category 5
SCANA Energy Marketing, Inc. $(4,727) $13,582 Other comprehensive income (loss)
from derivatives and net
earnings
of subsidiary.
Energy-related business category 6
Cogen South LLC $10,578 $11,213 Net earnings of investment.
Energy-related business category 7
Primesouth, Inc. $16,319 $17,970 Net earnings of subsidiary.
Energy-related business category 9
PSNC Cardinal Pipeline Company $16,026 $15,506 Net losses of subsidiary.
South Carolina Pipeline Corporation $211,151 $212,494 Net earnings of subsidiary.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
Exhibit A-1 SC Coaltech No. 1 LP Balance Sheet as of March 31, 2004 - filed
under confidential treatment pursuant to Rule 104(b)
Exhibit A-2 SC Coaltech No. 1 LP Income Statement for the Period ended
March 31, 2004-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit B-1 SCANA Resources, Inc. Balance Sheet as of March 31, 2004-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit B-2 SCANA Resources, Inc. Income Statement for the Period ended
March 31, 2004-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit C-1 SCANA Energy Marketing, Inc. Balance Sheet as of March 31, 2004-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit C-2 SCANA Energy Marketing, Inc. Income Statement for the Period
ended March 31, 2004-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit D-1 ServiceCare, Inc. Balance Sheet as of March 31, 2004-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit D-2 ServiceCare, Inc. Income Statement for the Period ended March
31, 2004-filed under confidential treatment pursuant to Rule
104(b)
Exhibit E-1 Primesouth, Inc. Balance Sheet as of March 31, 2004-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit E-2 Primesouth, Inc. Income Statement for the Period ended March 31,
2004-filed under confidential treatment pursuant to Rule 104(b)
Exhibit F-1 Clean Energy Enterprises, Inc. Balance Sheet as of March 31,
2004-filed under confidential treatment pursuant to Rule 104(b)
Exhibit F-2 Clean Energy Enterprises, Inc. Income Statement for the Period
ended March 31, 2004-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit G-1 PSNC Blue Ridge Corporation Balance Sheet as of March 31, 2004-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit G-2 PSNC Blue Ridge Corporation Income Statement for the Period
ended March 31, 2004-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit H-1 SCG Pipeline, Inc. Balance Sheet as of March 31, 2004-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit H-2 SCG Pipeline, Inc. Income Statement for the Period ended March
31, 2004-filed under confidential treatment pursuant to Rule
104(b)
Exhibit I-1 Coaltech No. 1 LP Balance Sheet as of March 31, 2004-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit I-2 Coaltech No. 1 LP Income Statement for the Period ended March
31, 2004-filed under confidential treatment pursuant to Rule
104(b)
Exhibit J-1 Cogen South LLC Balance Sheet as of March 31, 2004-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit J-2 Cogen South LLC Income Statement for the Period ended
March 31, 2004-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit K-1 PSNC Cardinal Pipeline Company Balance Sheet as of March 31,
2004-filed under confidential treatment pursuant to Rule 104(b)
Exhibit K-2 PSNC Cardinal Pipeline Company Income Statement for
the Period ended March 31, 2004-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit L-1 South Carolina Pipeline Corporation Balance Sheet as
of March 31, 2004-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit L-2 South Carolina Pipeline Corporation Income Statement
for the Period ended March 31, 2004-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit M-1 SCANA Corporate Security Services, Inc. Balance Sheet as of
March 31, 2004-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit M-2 SCANA Corporate Security Services, Inc. Income Statement for
the Period ended
March 31, 2004-filed under confidential treatment pursuant to
Rule 104(b)
EXHIBITS
Exhibit N Certificate of SCANA Corporation
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
SCANA Corporation has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on the 20th day of May 2004.
SCANA Corporation
Registered holding company
By: s/James E. Swan, IV
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James E. Swan, IV
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(Name)
Controller
(Title)
May 20, 2004
(Date)
Exhibit N
Certificate
Pursuant to the requirements of Rule 58 of the Public Utility Holding
Company Act of 1935, the undersigned certifies that:
A copy of SCANA's quarterly report on Form U-9C-3 for the quarterly
period ended December 31, 2003, was filed with the state commissions having
jurisdiction over the retail rates of SCANA Corporation's public utility
subsidiary companies. The names and addresses of these state commissions are as
follows:
South Carolina Public Service Commission
P. O. Box 11649
Columbia, SC 29211
North Carolina Utilities Commission
4325 Mail Service Center
Raleigh, NC 27699-4325
May 20, 2004 By: s/James E. Swan, IV
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James E. Swan, IV
Controller
(principal accounting officer)