November 14, 2002
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. 70-9681 AND 70-9945
Gentlemen:
In compliance with the terms and conditions of Rule 24 under the Public
Utility Holding Company Act of 1935, and (i) the Orders of the Commission dated
November 1, 2000 and March 21, 2001 in File No. 70-9681, and (ii) the Orders of
the Commission dated December 19, 2001, June 6, 2002 and August 8, 2002 in File
No. 70-9945, authorizing the financing transactions and business activities as
more fully described in the Joint Applications/Declarations, as amended, in
those proceedings, the undersigned hereby certifies to the Commission that,
during the quarter ended September 30, 2002:
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 Inc.'s benefit plans or
otherwise
113,117 shares
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 acquirer
None
4. The amount and terms of any long-term debt, preferred stock or other
preferred or equity-linked securities, or short-term debt, issued directly
or indirectly by NiSource during the quarter
Please see Exhibit 1
5. The amount and terms of any short-term debt issued directly or indirectly
by any utility subsidiary during the quarter
Please see Exhibit 2
6. The amount and terms of any financing consummated by any non-utility
subsidiary during the quarter that are not exempt under rule 52
At the end of the calendar quarter, the amount of inter-company short-term
debt outstanding was $300,757,000 for Columbia Energy Group subsidiaries.
7. The name of the guarantor and of the beneficiary of any NiSource guarantee
or non-utility subsidiary guarantee issued during the quarter, and the
amount, terms and purpose of the guarantee
Please see Exhibit 3
1
8. The notional amount and principal terms of any interest rate hedge or
anticipatory hedge entered into during the quarter and the identity of the
parties to such instruments
On September 3, 2002 Columbia Energy Group entered into a $281.5 million
fixed to floating rate swap.
9. The name, parent company, and amount invested in any new intermediate
subsidiary or financing subsidiary during the quarter
None
10. A list of Form U-6B-2 statements filed with the commission during the
quarter, including the name of the filing entity and the date of the
filing
Columbia Energy Group Filed 7/26/02
11. 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, that has engaged in financing transactions during the quarter
Please see the attached Exhibits 4 through 14 for balance sheets for
NiSource, 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.
12. 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 investments during the
quarter.
Please see Exhibit 15
13. The number of shares of common stock issued by Columbia Maryland to
Columbia during the quarter and the price per share paid.
None
14. The principal amount, interest rate and maturity of any long-term debt
security issued by Columbia Maryland to Columbia during the quarter.
None
Very truly yours,
NiSource Inc.
By: /s/ J. W. Grossman
--------------------------------------
J. W. Grossman, Vice President
and Controller
2
EXHIBIT #1
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #4
AMOUNT ISSUED DURING AMOUNT OUTSTANDING TYPE OF DEBT
COMPANY THIRD QUARTER OF 2002 SEPTEMBER 30, 2002 OR SECURITY TERMS
-------------------------------------------------------------------------------------------------------------------------------
NiSource Finance Corp. -- 121,500,000 Short-term Debt Commercial paper borrowing with a weighted
average interest rate of 2.9687%
NiSource Finance Corp. 247,703,000 1,100,000,000 Short-term Debt Credit facility advances with a weighted
average interest rate of 2.498%
NiSource Finance Corp. -- 5,792,900,000 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. 70-9681
ITEM #5
INTER-COMPANY DEBT
OUTSTANDING AT WEIGHTED AVERAGE
LENDING COMPANY BORROWING SUBSIDIARY SEPTEMBER 30, 2002 INTEREST RATE
---------------------------------------------------------------------------------------------------------
NiSource Finance Corp. Bay State Gas Company 51,858,000 2.58%
---------------------------------------------------------------------------------------------------------
4
EXHIBIT #3
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM # 7
GUARANTEES ISSUED
GUARANTOR SUBSIDIARY DURING 3RD QUARTER 2002 PURPOSE
--------------------------------------------------------------------------------
* NiSource issued no guarantees during the third quarter of 2002
--------------------------------------------------------------------------------
5
EXHIBIT #4
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
-----------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 16,386,133
Accumulated depreciation and amortization (7,920,873)
-----------------------------------------------------------------------------------
Net Utility Plant 8,465,260
-----------------------------------------------------------------------------------
Gas and oil producing properties, successful efforts method
United States cost center 1,061,617
Canadian cost center 5,726
Accumulated depletion (114,983)
-----------------------------------------------------------------------------------
Net gas and oil producing properties 952,360
-----------------------------------------------------------------------------------
Other property, at cost, less accumulated depreciation 668,203
-----------------------------------------------------------------------------------
Net Property, Plant and Equipment 10,085,823
-----------------------------------------------------------------------------------
INVESTMENTS:
Unconsolidated affiliates 119,903
Assets held for sale 6,300
Other investments 54,814
-----------------------------------------------------------------------------------
Total Investments 181,017
-----------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 64,914
Accounts receivable - less reserve 478,689
Gas inventory 407,843
Underrecovered gas and fuel costs 174,503
Material and supplies, at average cost 70,234
Electric production fuel, at average cost 29,057
Price risk management asset 54,976
Exchange gas receivable 144,715
Prepayments and other 205,907
-----------------------------------------------------------------------------------
Total Current Assets 1,630,838
-----------------------------------------------------------------------------------
OTHER ASSETS:
Price risk asset long term 111,739
Regulatory assets 601,900
Intangible assets 3,724,938
Deferred charges and other 290,817
-----------------------------------------------------------------------------------
Total Other Assets 4,729,394
-----------------------------------------------------------------------------------
TOTAL ASSETS $ 16,627,072
===================================================================================
6
EXHIBIT #4
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common Stock Equity $ 3,342,967
Preferred Stocks -
Subsidiary Companies
Series without mandatory redemption provisions 81,114
Series with mandatory redemption provisions 4,369
Company - obligated mandatorily redeemable preferred securities
of subsidiary trust holding solely Company debentures 345,000
Long-term debt, excluding amounts due within one year 5,792,921
------------------------------------------------------------------------------------------
Total Capitalization 9,566,371
------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current redeemable preferred stock subject to mandatory redemption 43,000
Current portion of long-term debt 766,368
Short-term borrowings 1,258,920
Accounts payable 331,865
Dividends declared on common and preferred stocks 61,988
Customer deposits 59,069
Taxes accrued 131,253
Interest accrued 185,908
Overrecovered gas and fuel costs 24,173
Price risk management liabilities 38,958
Exchange gas payable 410,894
Current deferred revenue 126,192
Other accruals 560,467
------------------------------------------------------------------------------------------
Total current liabilities 3,999,055
------------------------------------------------------------------------------------------
OTHER:
Price risk management liabilities 4,358
Deferred income taxes 1,817,013
Deferred investment tax credits 98,535
Deferred credits 247,280
Non-current deferred revenue 338,292
Accrued liability for post retirement benefits 390,506
Other non-current liabilities 165,662
------------------------------------------------------------------------------------------
Total other 3,061,646
------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $16,627,072
==========================================================================================
7
EXHIBIT #5
NORTHERN INDIANA PUBLIC SERVICE COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
--------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 6,350,673
Accumulated depreciation and amortization (3,513,964)
--------------------------------------------------------------------------
Net Utility Plant 2,836,709
--------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 8,736
--------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 8,152
Accounts receivable - less reserve 93,196
Gas cost adjustment clause 34,699
Material and supplies, at average cost 45,192
Electric production fuel, at average cost 29,057
Natural gas in storage, at last in, first-out cost 33,491
Price risk management assets 3,383
Prepayments and other 53,948
--------------------------------------------------------------------------
Total Current Assets 301,118
--------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 226,741
Deferred charges and other 44,915
--------------------------------------------------------------------------
Total Other Assets 271,656
--------------------------------------------------------------------------
TOTAL ASSETS $ 3,418,219
==========================================================================
8
EXHIBIT #5
NORTHERN INDIANA PUBLIC SERVICE COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
---------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 862,364
Preferred Stocks -
Series without mandatory redemption provisions 81,114
Series with mandatory redemption provisions 4,369
Long-term debt, excluding amount due within one year 719,281
---------------------------------------------------------------------------------------
Total Capitalization 1,667,128
---------------------------------------------------------------------------------------
Current Liabilities:
Current redeemable preferred stock subject to mandatory redemption 43,000
Current portion of long-term debt 128,500
Short-term borrowings 176,109
Accounts payable 140,423
Dividends declared on common and preferred stock 45,735
Customer deposits 35,998
Taxes accrued 197,777
Interest accrued 13,167
Accrued employment costs 39,116
Price risk management liabilities 4,111
Other accruals 66,751
---------------------------------------------------------------------------------------
Total current liabilities 890,687
---------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 492,971
Deferred investment tax credits 66,086
Deferred credits 44,280
Accrued liability for post retirement benefits 249,324
Regulatory liabilities 4,862
Other noncurrent liabilities 2,881
---------------------------------------------------------------------------------------
Total other 860,404
---------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $3,418,219
=======================================================================================
9
EXHIBIT #6
BAY STATE GAS COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 1,409,596
Accumulated depreciation and amortization (336,619)
--------------------------------------------------------------------------------
Net Utility Plant 1,072,977
--------------------------------------------------------------------------------
Other property and investments 2,384
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,273
Accounts receivable - less reserve 31,646
Gas cost adjustment clause 33,417
Material and supplies, at average cost 8,584
Natural gas in storage - weighted average 44,005
Prepayments and other 8,258
--------------------------------------------------------------------------------
Total Current Assets 127,183
--------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 19,578
Intangible assets 865
Deferred charges and other 24,029
--------------------------------------------------------------------------------
Total Other Assets 44,472
--------------------------------------------------------------------------------
TOTAL ASSETS $ 1,247,016
================================================================================
10
EXHIBIT #6
BAY STATE GAS COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
----------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 513,129
Long-term debt excluding amt due within one year 86,333
----------------------------------------------------------------------------------
Total Capitalization 599,462
----------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 81,254
Accounts payable 166,944
Notes payable to associated companies 61,169
Customer deposits 3,754
Interest accrued 2,791
Refunds due customers within one year 2,003
Other accruals 20,679
----------------------------------------------------------------------------------
Total current liabilities 338,594
----------------------------------------------------------------------------------
OTHER:
Deferred income taxes 289,315
Deferred investment tax credits 2,976
Other noncurrent liabilities 16,669
----------------------------------------------------------------------------------
Total other 308,960
----------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $1,247,016
==================================================================================
11
EXHIBIT #7
NORTHERN UTILITIES, INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
----------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 255,947
Accumulated depreciation and amortization (54,583)
----------------------------------------------------------------------------------
Net Utility Plant 201,364
----------------------------------------------------------------------------------
Other property and investments 2,278
----------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 93
Accounts receivable - less reserve 9,908
Gas cost adjustment clause 7,884
Material and supplies, at average cost 737
Natural gas in storage, weighted average 16,299
Prepayments and other 3,351
----------------------------------------------------------------------------------
Total Current Assets 38,272
----------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 13,723
Intangible assets 865
Deferred charges and other 4,438
----------------------------------------------------------------------------------
Total Other Assets 19,026
----------------------------------------------------------------------------------
TOTAL ASSETS $ 260,940
==================================================================================
----------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 110,504
Long-term debt excluding amt due within one year 5,833
----------------------------------------------------------------------------------
Total Capitalization 116,337
----------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 10,548
Accounts payable 6,969
Notes payable to associated companies 61,169
Customer deposits 818
Taxes accrued 1,134
Interest accrued 221
Refunds due customers within one year 1,691
Other accruals 5,768
----------------------------------------------------------------------------------
Total current liabilities 88,318
----------------------------------------------------------------------------------
OTHER:
Deferred income taxes 50,472
Deferred investment tax credits 270
Other non-current liabilities 5,543
----------------------------------------------------------------------------------
Total other 56,285
----------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 260,940
==================================================================================
12
EXHIBIT #8
KOKOMO GAS AND FUEL COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 79,296
Accumulated depreciation and amortization (38,532)
--------------------------------------------------------------------------------
Net Utility Plant 40,764
--------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 5
--------------------------------------------------------------------------------
Current Assets:
Cash and cash equivalents 744
Accounts receivable - less reserve 3,343
Gas cost adjustment clause 943
Material and supplies, at average cost 384
Natural gas in storage - weighted average 809
Prepayments and other 46
--------------------------------------------------------------------------------
Total Current Assets 6,269
--------------------------------------------------------------------------------
OTHER ASSETS:
Deferred charges and other 739
--------------------------------------------------------------------------------
Total Other Assets 739
--------------------------------------------------------------------------------
TOTAL ASSETS $ 47,777
================================================================================
--------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 34,177
--------------------------------------------------------------------------------
Total Capitalization 34,177
--------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 1,501
Customer deposits 455
Taxes accrued 528
Interest accrued 138
Other accruals 3,296
--------------------------------------------------------------------------------
Total current liabilities 5,918
--------------------------------------------------------------------------------
OTHER:
Deferred income taxes 4,168
Deferred investment tax credits 474
Post retirement benefits accrued 444
Regulatory liabilities 1,477
Other non-current liabilities 1,119
--------------------------------------------------------------------------------
Total other 7,682
--------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 47,777
================================================================================
13
EXHIBIT #9
NORTHERN INDIANA FUEL AND LIGHT COMPANY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 73,557
Accumulated depreciation and amortization (26,485)
--------------------------------------------------------------------------------
Net Utility Plant 47,072
--------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 599
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 260
Accounts receivable - less reserve 5,761
Gas adjustment clause 4,494
Material and supplies, at average cost 383
Natural gas in storage - weighted average 4,109
Prepayments and other 66
--------------------------------------------------------------------------------
Total Current Assets 15,073
--------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 117
Deferred charges and other 1,260
--------------------------------------------------------------------------------
Total Other Assets 1,377
--------------------------------------------------------------------------------
Total Assets $ 64,121
================================================================================
--------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 44,496
--------------------------------------------------------------------------------
Total Capitalization 44,496
--------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 2,607
Customer deposits 349
Taxes accrued 1,313
Other accruals 3,742
--------------------------------------------------------------------------------
Total current liabilities 8,011
--------------------------------------------------------------------------------
OTHER:
Deferred income taxes 4,640
Deferred investment tax credits 302
Deferred credits 4,583
Other non-current liabilities 2,089
--------------------------------------------------------------------------------
Total other 11,614
--------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 64,121
================================================================================
14
EXHIBIT #10
COLUMBIA GAS OF KENTUCKY
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
---------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 229,533
Accumulated depreciation and amortization (103,452)
---------------------------------------------------------------------------------
Net Utility Plant 126,081
---------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 619
Accounts receivable - less reserve 28,351
Gas adjustment clause 6,931
Exchange gas receivable 13,778
Natural gas in storage - weighted average 5,646
Prepayments and other 1,642
---------------------------------------------------------------------------------
Total Current Assets 56,967
---------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 5,598
Deferred charges and other 2,908
---------------------------------------------------------------------------------
Total Other Assets 8,506
---------------------------------------------------------------------------------
TOTAL ASSETS $ 191,554
=================================================================================
---------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 70,897
Long-term debt excluding amt due within one year 42,188
---------------------------------------------------------------------------------
Total Capitalization 113,085
---------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 28
Accounts payable 8,443
Notes payable to associated companies 5,805
Customer deposits 2,264
Taxes accrued 3,918
Interest accrued 683
Deferred income taxes 5,250
Exchange gas payable 24,231
Other accruals 9,545
---------------------------------------------------------------------------------
Total current liabilities 60,167
---------------------------------------------------------------------------------
OTHER:
Deferred income taxes 11,197
Deferred investment tax credits 1,328
Regulatory liabilities 3,861
Other non-current liabilities 1,916
---------------------------------------------------------------------------------
Total other 18,302
---------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 191,554
=================================================================================
15
EXHIBIT #11
COLUMBIA GAS OF OHIO
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
---------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $1,529,617
Accumulated depreciation and amortization (666,199)
---------------------------------------------------------------------------------
Net Utility Plant 863,418
---------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 4,198
Accounts receivable - less reserve 70,830
Gas adjustment clause 33,136
Exchange gas receivable 37,075
Natural gas in storage - weighted average 206,930
Prepayments and other 45,177
---------------------------------------------------------------------------------
Total Current Assets 397,346
---------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 200,089
Deferred charges and other 73,493
---------------------------------------------------------------------------------
Total Other Assets 273,582
---------------------------------------------------------------------------------
TOTAL ASSETS $1,534,346
=================================================================================
---------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 414,511
Long-term debt excluding amt due within one year 307,103
---------------------------------------------------------------------------------
Total Capitalization 721,614
---------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 168
Accounts payable 159,823
Customer deposits 9,153
Taxes accrued 41,368
Interest accrued 2,428
Deferred income taxes 51,362
Exchange gas payable 197,019
Estimated rate refund 50
Other accruals 98,091
---------------------------------------------------------------------------------
Total current liabilities 559,462
---------------------------------------------------------------------------------
OTHER:
Deferred income taxes 126,842
Deferred investment tax credits 15,942
Regulatory liabilities 8,994
Accrued liability for post retirement benefits 53,723
Other non-current liabilities 47,769
---------------------------------------------------------------------------------
Total other 253,270
---------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $1,534,346
=================================================================================
16
EXHIBIT #12
COLUMBIA GAS OF PENNSYLVANIA
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
--------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 656,598
Accumulated depreciation and amortization (221,728)
--------------------------------------------------------------------------------
Net Utility Plant 434,870
--------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,573
Accounts receivable - less reserve 28,532
Gas adjustment clause 60,882
Exchange gas receivable 18,563
Natural gas in storage - weighted average 75,293
Prepayments and other 12,621
--------------------------------------------------------------------------------
Total Current Assets 197,464
--------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 68,462
Deferred charges and other 5,680
--------------------------------------------------------------------------------
Total Other Assets 74,142
--------------------------------------------------------------------------------
TOTAL ASSETS $ 706,476
================================================================================
--------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 201,678
Long-term debt excluding amt due within one year 185,215
--------------------------------------------------------------------------------
Total Capitalization 386,893
--------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 44,360
Notes payable to associated companies 17,843
Customer deposits 2,061
Taxes accrued 21,196
Deferred income taxes 2,169
Exchange gas payable 51,994
Other accruals 48,023
--------------------------------------------------------------------------------
Total current liabilities 187,646
--------------------------------------------------------------------------------
OTHER:
Deferred income taxes 92,775
Deferred investment tax credits 7,596
Regulatory liabilities 7,120
Accrued liability for post retirement benefits 13,422
Other non-current liabilities 11,024
--------------------------------------------------------------------------------
Total other 131,937
--------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 706,476
================================================================================
17
EXHIBIT #13
COLUMBIA GAS OF VIRGINIA
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
---------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 494,130
Accumulated depreciation and amortization (119,091)
---------------------------------------------------------------------------------
Net Utility Plant 375,039
---------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 1,055
Accounts receivable - less reserve 18,578
Exchange gas receivable 995
Material and supplies, at average cost 544
Natural gas in storage - weighted average 19,535
Prepayments and other 15,389
---------------------------------------------------------------------------------
Total Current Assets 56,096
---------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 7,825
Deferred charges and other 9,029
---------------------------------------------------------------------------------
Total Other Assets 16,854
---------------------------------------------------------------------------------
TOTAL ASSETS $ 447,989
=================================================================================
---------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 157,297
Long-term debt excluding amt due within one year 130,175
---------------------------------------------------------------------------------
Total Capitalization 287,472
---------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 17,049
Notes payable to associated companies 12,835
Customer deposits 4,527
Taxes accrued 12,013
Gas adjustment clause 22,798
Exchange gas payable 4,582
Other accruals 17,565
---------------------------------------------------------------------------------
Total current liabilities 91,369
---------------------------------------------------------------------------------
OTHER:
Deferred income taxes 29,154
Deferred investment tax credits 2,111
Regulatory liabilities 1,348
Accrued liability for post retirement benefits 6,065
Other non-current liabilities 30,470
---------------------------------------------------------------------------------
Total other 69,148
---------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 447,989
=================================================================================
18
EXHIBIT #14
COLUMBIA GAS OF MARYLAND
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO. 70-9681
ITEM #11
As of September 30, (in thousands) 2002
-------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 83,822
Accumulated depreciation and amortization (35,524)
-------------------------------------------------------------------------------
Net Utility Plant 48,298
-------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 129
Accounts receivable - less reserve 12,618
Exchange gas receivable 4,116
Material and supplies, at average cost 99
Natural gas in storage - weighted average 5,040
Prepayments and other 2,950
-------------------------------------------------------------------------------
Total Current Assets 24,952
-------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 2,053
Deferred charges and other 740
-------------------------------------------------------------------------------
Total Other Assets 2,793
-------------------------------------------------------------------------------
TOTAL ASSETS $ 76,043
===============================================================================
-------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 26,999
Long-term debt excluding amt due within one year 18,975
-------------------------------------------------------------------------------
Total Capitalization 45,974
-------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 3,907
Notes payable to associated companies 2,495
Customer deposits 345
Taxes accrued 2,673
Gas adjustment clause 1,375
Exchange gas payable 5,688
Other accruals 4,213
-------------------------------------------------------------------------------
Total current liabilities 20,696
-------------------------------------------------------------------------------
OTHER:
Deferred income taxes 5,131
Deferred investment tax credits 762
Regulatory liabilities 492
Accrued liability for post retirement benefits 1,631
Other non-current liabilities 1,357
-------------------------------------------------------------------------------
Total other 9,373
-------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 76,043
===============================================================================
19
EXHIBIT #15
NISOURCE INC.
QUARTERLY REPORT UNDER RULE 24 OF THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
FILE NO.70-9945
ITEM #12
MAXIMUM AMOUNT MAXIMUM AMOUNT AVERAGE INTEREST
OUTSTANDING DURING INVESTED DURING RATE DURING
SUBSIDIARY THIRD QUARTER OF 2002 THIRD QUARTER OF 2002 THIRD QUARTER OF 2002
------------------------------------------------------------------------------------------------------------------------------
Alamco-Haug Hauling N/A 973 2.58%
Bay State Gas Company 148,681 0 2.58%
Columbia Assurance Agency, Inc. N/A 11 2.58%
Columbia Accounts Receivable Corporation N/A 9,558 2.58%
Columbia Atlantic Trading Corporation 0 5,110 2.58%
CNR Canada, Ltd. 4,962 0 2.58%
Columbia Energy Group Capital Corporation N/A 108 2.58%
Columbia Deep Water Services Company 878 0 2.58%
Columbia Electric Corporation N/A 6,246 2.58%
Columbia Energy Resources, Inc. N/A 2,352 2.58%
Columbia Energy Services Corporation 12,990 0 2.58%
Columbia Finance Corporation N/A 0 2.58%
Columbia Energy Group N/A 336,939 2.58%
Columbia Gulf Transmission Company 23,406 0 2.58%
Columbia Gas of Virginia, Inc. 1,843 28,333 2.58%
Columbia Insurance Corporation, Ltd. N/A 104 2.58%
Columbia Gas of Kentucky, Inc. 0 30,528 2.58%
Columbia LNG Corporation N/A 0 2.58%
Columbia Gas of Maryland, Inc. 0 17,040 2.58%
CNS Microwave, Inc. N/A 1,521 2.58%
Columbia Natural Resources, Inc. 30,523 0 2.58%
Columbia Network Services Corporation N/A 3,155 2.58%
Columbia Gas of Ohio, Inc. 158,547 3,493 2.58%
Columbia Gas of Pennsylvania, Inc. 20,311 19,037 2.58%
Columbia Propane Corporation 9,788 0 2.58%
CP Holdings, Inc. N/A 117 2.58%
Columbia Pipeline Corporation N/A 34 2.58%
Columbia Energy Power Marketing Corporation 0 0 2.58%
Columbia Remainder Corporation 0 0 2.58%
Crossroads Pipeline 32,310 0 2.58%
NiSource Corporate Services Company 94,444 0 2.58%
Columbia Service Partners, Inc. N/A 13,236 2.58%
Columbia Transmission Communications Corporation N/A 2,215 2.58%
NiSource Development Company, Inc. 199,012 0 2.58%
EnergyUSA, Inc. 38,672 0 2.58%
EnergyUSA, Inc. (MA) 4,776 0 2.58%
Kokomo Gas and Fuel Company 0 4,089 2.58%
NiSource Capital Markets. Inc. N/A 3,107 2.58%
NI Energy Services, Inc. 47,936 0 2.58%
NiSource Energy Technologies, Inc. 21,607 0 2.58%
NiSource Finance Corp. N/A 631,648 2.58%
NiSource Inc. N/A 49,527 2.58%
Northern Indiana Fuel and Light Company, Inc. 0 8,264 2.58%
Northern Indiana Public Service Company 182,874 0 2.58%
NiSource Pipeline Group, Inc. 15,483 0 2.58%
Northern Utilities, Inc. 0 7,008 2.58%
Columbia Petroleum Corporation N/A 0 2.58%
Columbia Propane, L.P. N/A 2,093 2.58%
Primary Energy, Inc. 49,909 18,546 2.58%
Columbia Gas Transmission Corporation 74,921 18,192 2.58%
EnergyUSA-TPC Corp. 50,883 0 2.58%
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