August 28, 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 June 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
128,501 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
None
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
None
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
None
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 SECOND QUARTER OF 2002 JUNE 30, 2002 OR SECURITY TERMS
----------------------------------------------------------------------------------------------------------------------------------
NiSource Finance Corp. 283,191,000 400,000,000 Short-term Debt Commercial paper borrowing with a
weighted average interest rate of 3.016%
NiSource Finance Corp. -- 573,800,000 Short-term Debt Credit facility advances with a weighted
average interest rate of 2.536%
NiSource Finance Corp. -- 5,354,500,000 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 JUNE 30, 2002 INTEREST RATE
---------------------------------------------------------------------------------------------------------------------
Nisource Finance Corp. Northern Indiana Public Service Company 40,764,000 2.73%
---------------------------------------------------------------------------------------------------------------------
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 2ND QUARTER 2002 PURPOSE
--------------------------------------------------------------------------------------------------------------------------------
NiSource/NiSource Capital Markets Primary Energy, Inc. 19,732,000 Guarantee leases for steel industry
NiSource/NiSource Capital Markets EnergyUSA - TPC 42,350,000 Guarantee energy trading contracts
--------------------------------------------------------------------------------------------------------------------------------
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 June 30, (in thousands) 2002
----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 16,268,002
Accumulated depreciation and amortization (7,826,186)
----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 8,441,816
----------------------------------------------------------------------------------------------------------------------
Gas and oil producing properties, successful efforts method
United States cost center 1,034,184
Canadian cost center 8,576
Accumulated depletion (101,721)
----------------------------------------------------------------------------------------------------------------------
Net gas and oil producing properties 941,039
----------------------------------------------------------------------------------------------------------------------
Other property, at cost, less accumulated depreciation 690,736
----------------------------------------------------------------------------------------------------------------------
Net Property, Plant and Equipment 10,073,591
----------------------------------------------------------------------------------------------------------------------
INVESTMENTS:
Unconsolidated affiliates 121,220
Assets held for sale 106,562
Other investments 54,708
----------------------------------------------------------------------------------------------------------------------
Total Investments 282,490
----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 54,841
Accounts receivable - less reserve 538,234
Other receivables 18,254
Gas inventory 181,226
Underrecovered gas and fuel costs 146,259
Material and supplies, at average cost 80,080
Electric production fuel, at average cost 34,368
Price risk management asset 78,127
Exchange gas receivable 157,714
Prepayments and other 294,975
----------------------------------------------------------------------------------------------------------------------
Total Current Assets 1,584,078
----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Price risk asset long term 106,234
Regulatory assets 608,848
Intangible assets 3,726,684
Deferred charges and other 375,247
----------------------------------------------------------------------------------------------------------------------
Total Other Assets 4,817,013
----------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 16,757,172
======================================================================================================================
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 June 30, (in thousands) 2002
----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common Stock Equity $ 3,579,746
Preferred Stocks -
Subsidiary Companies
Series without mandatory redemption provisions 81,114
Series with mandatory redemption provisions 4,969
Company - obligated mandatorily redeemable preferred securities
of subsidiary trust holding solely Company debentures 345,000
Long-term debt, excluding amounts due within one year 5,930,511
----------------------------------------------------------------------------------------------------------------------
Total Capitalization 9,941,340
----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current redeemable preferred stock subject to mandatory redemption 43,000
Current portion of long-term debt 692,794
Short-term borrowings 1,000,744
Accounts payable 391,381
Dividends declared on common and preferred stocks 61,969
Customer deposits 57,880
Taxes accrued 264,770
Interest accrued 90,792
Overrecovered gas and fuel costs 28,972
Price risk management liabilities 79,601
Exchange gas payable 305,825
Current deferred revenue 118,290
Other accruals 480,993
----------------------------------------------------------------------------------------------------------------------
Total current liabilities 3,617,011
----------------------------------------------------------------------------------------------------------------------
OTHER:
Price risk management liabilities 10,207
Deferred income taxes 1,875,094
Deferred investment tax credits 100,773
Deferred credits 257,062
Non-current deferred revenue 371,217
Accrued liability for post retirement benefits 290,103
Liabilities held for sale 118,317
Other non-current liabilities 176,048
----------------------------------------------------------------------------------------------------------------------
Total other 3,198,821
----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 16,757,172
======================================================================================================================
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 June 30, (in thousands) 2002
----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 6,302,824
Accumulated depreciation and amortization (3,467,359)
----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 2,835,465
----------------------------------------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 8,425
----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 5,790
Accounts receivable - less reserve 101,509
Gas cost adjustment clause 30,230
Material and supplies, at average cost 47,008
Electric production fuel, at average cost 34,368
Natural gas in storage, at last in, first-out cost 11,467
Price risk management assets 4,991
Prepayments and other 36,364
----------------------------------------------------------------------------------------------------------------------
Total Current Assets 271,727
----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 230,547
Deferred charges and other 187,714
----------------------------------------------------------------------------------------------------------------------
Total Other Assets 418,261
----------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 3,533,878
======================================================================================================================
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 June 30, (in thousands) 2002
----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 1,010,040
Preferred Stocks -
Series without mandatory redemption provisions 81,114
Series with mandatory redemption provisions 4,969
Long-term debt, excluding amount due within one year 789,211
----------------------------------------------------------------------------------------------------------------------
Total Capitalization 1,885,334
----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Current redeemable preferred stock subject to mandatory redemption 43,000
Current portion of long-term debt 58,500
Short-term borrowings 180,336
Accounts payable 144,019
Dividends declared on common and preferred stock 48,749
Customer deposits 34,213
Taxes accrued 249,844
Interest accrued 8,906
Accrued employment costs 47,082
Price risk management liabilities 4,460
Other accruals 21,750
----------------------------------------------------------------------------------------------------------------------
Total current liabilities 840,859
----------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 524,319
Deferred investment tax credits 67,856
Deferred credits 46,589
Accrued liability for post retirement benefits 161,226
Regulatory liabilities 4,814
Other noncurrent liabilities 2,881
----------------------------------------------------------------------------------------------------------------------
Total other 807,685
----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 3,533,878
======================================================================================================================
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 June 30, (in thousands) 2002
--------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 1,399,896
Accumulated depreciation and amortization (325,817)
--------------------------------------------------------------------------------------------------------------------
Net Utility Plant 1,074,079
--------------------------------------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 2,446
--------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 2,277
Accounts receivable - less reserve 52,478
Gas cost adjustment clause 19,355
Material and supplies, at average cost 8,611
Natural gas in storage - weighted average 32,481
Prepayments and other 6,479
--------------------------------------------------------------------------------------------------------------------
Total Current Assets 121,681
--------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 20,909
Intangible assets 871
Deferred charges and other 37,373
--------------------------------------------------------------------------------------------------------------------
Total Other Assets 59,153
--------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 1,257,359
====================================================================================================================
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 June 30, (in thousands) 2002
--------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 539,203
Long-term debt excluding amt due within one year 102,167
--------------------------------------------------------------------------------------------------------------------
Total Capitalization 641,370
--------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 75,781
Accounts payable 120,478
Notes payable to associated companies 60,357
Customer deposits 3,669
Taxes accrued 13,227
Interest accrued 3,093
Price risk management liabilities 7
Refunds due customers within one year 6,503
Other accruals 21,584
--------------------------------------------------------------------------------------------------------------------
Total current liabilities 304,699
--------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 292,536
Deferred investment tax credits 3,076
Other noncurrent liabilities 15,678
--------------------------------------------------------------------------------------------------------------------
Total other 311,290
--------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 1,257,359
====================================================================================================================
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 June 30, (in thousands) 2002
--------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 254,576
Accumulated depreciation and amortization (52,823)
--------------------------------------------------------------------------------------------------------------------
Net Utility Plant 201,753
--------------------------------------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 2,340
--------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 301
Accounts receivable - less reserve 14,786
Gas cost adjustment clause 6,570
Material and supplies, at average cost 743
Natural gas in storage, weighted average 15,242
Prepayments and other 2,954
--------------------------------------------------------------------------------------------------------------------
Total Current Assets 40,596
--------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 13,734
Intangible assets 871
Deferred charges and other 2,893
--------------------------------------------------------------------------------------------------------------------
Total Other Assets 17,498
--------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 262,187
====================================================================================================================
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 111,990
Long-term debt excluding amt due within one year 6,667
--------------------------------------------------------------------------------------------------------------------
Total Capitalization 118,657
--------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 10,548
Accounts payable 3,900
Notes payable to associated companies 60,288
Customer deposits 778
Taxes accrued 3,667
Interest accrued 336
Price risk management liabilities 7
Refunds due customers within one year 2,208
Other accruals 6,450
--------------------------------------------------------------------------------------------------------------------
Total current liabilities 88,182
--------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 49,648
Deferred investment tax credits 276
Other non-current liabilities 5,424
--------------------------------------------------------------------------------------------------------------------
Total other 55,348
--------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 262,187
====================================================================================================================
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 June 30, (in thousands) 2002
-----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 78,973
Accumulated depreciation and amortization (37,923)
-----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 41,050
-----------------------------------------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 5
-----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 700
Accounts receivable - less reserve 3,477
Material and supplies, at average cost 355
Natural gas in storage - weighted average 878
Prepayments and other 9
-----------------------------------------------------------------------------------------------------------------------
Total Current Assets 5,419
-----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Deferred charges and other 55
-----------------------------------------------------------------------------------------------------------------------
Total Other Assets 55
-----------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 46,529
=======================================================================================================================
-----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 35,019
-----------------------------------------------------------------------------------------------------------------------
Total Capitalization 35,019
-----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 939
Customer deposits 469
Taxes accrued 450
Interest accrued 136
Fuel adjustment clause 122
Other accruals 1,728
-----------------------------------------------------------------------------------------------------------------------
Total current liabilities 3,844
-----------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 4,158
Deferred investment tax credits 483
Accrued liability for post retirement benefits 1,110
Post retirement benefits accrued 427
Regulatory liabilities 1,477
Other non-current liabilities 11
-----------------------------------------------------------------------------------------------------------------------
Total other 7,666
-----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 46,529
=======================================================================================================================
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 June 30, (in thousands) 2002
---------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 73,037
Accumulated depreciation and amortization (26,003)
---------------------------------------------------------------------------------------------------------------------
Net Utility Plant 47,034
---------------------------------------------------------------------------------------------------------------------
OTHER PROPERTY AND INVESTMENTS 639
---------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 237
Accounts receivable - less reserve 10,073
Gas adjustment clause 3,298
Material and supplies, at average cost 397
Natural gas in storage - weighted average 2,086
Prepayments and other 58
---------------------------------------------------------------------------------------------------------------------
Total Current Assets 16,149
---------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 122
Deferred charges and other 284
---------------------------------------------------------------------------------------------------------------------
Total Other Assets 406
---------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 64,228
=====================================================================================================================
---------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 46,445
---------------------------------------------------------------------------------------------------------------------
Total Capitalization 46,445
---------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 2,747
Customer deposits 391
Taxes accrued 1,690
Other accruals 1,639
---------------------------------------------------------------------------------------------------------------------
Total current liabilities 6,467
---------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 4,644
Deferred investment tax credits 302
Deferred credits 4,281
Other non-current liabilities 2,089
---------------------------------------------------------------------------------------------------------------------
Total other 11,316
---------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 64,228
=====================================================================================================================
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 June 30, (in thousands) 2002
--------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 227,672
Accumulated depreciation and amortization (102,854)
--------------------------------------------------------------------------------------------------------------------
Net Utility Plant 124,818
--------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 211
Accounts receivable - less reserve 36,061
Gas adjustment clause 9,118
Exchange gas receivable 2,434
Natural gas in storage - weighted average 5,151
Prepayments and other 1,422
--------------------------------------------------------------------------------------------------------------------
Total Current Assets 54,397
--------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 5,479
Deferred charges and other 1,335
--------------------------------------------------------------------------------------------------------------------
Total Other Assets 6,814
--------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 186,029
====================================================================================================================
--------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 74,048
Long-term debt excluding amt due within one year 42,195
--------------------------------------------------------------------------------------------------------------------
Total Capitalization 116,243
--------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 27
Accounts payable 13,186
Notes payable to associated companies 5,805
Customer deposits 2,297
Taxes accrued 4,202
Interest accrued 639
Deferred income taxes 5,871
Exchange gas payable 14,437
Other accruals 5,307
--------------------------------------------------------------------------------------------------------------------
Total current liabilities 51,771
--------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 10,637
Deferred investment tax credits 1,354
Regulatory liabilities 3,870
Other non-current liabilities 2,154
--------------------------------------------------------------------------------------------------------------------
Total other 18,015
--------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 186,029
====================================================================================================================
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 June 30, (in thousands) 2002
--------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 1,517,461
Accumulated depreciation and amortization (665,308)
--------------------------------------------------------------------------------------------------------------------
Net Utility Plant 852,153
--------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 4,379
Accounts receivable - less reserve 83,590
Gas adjustment clause 36,071
Exchange gas receivable 32,257
Natural gas in storage - weighted average 78,638
Prepayments and other 97,834
--------------------------------------------------------------------------------------------------------------------
Total Current Assets 332,769
--------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 195,425
Deferred charges and other 33,981
--------------------------------------------------------------------------------------------------------------------
Total Other Assets 229,406
--------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 1,414,328
====================================================================================================================
--------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 397,425
Long-term debt excluding amt due within one year 207,148
--------------------------------------------------------------------------------------------------------------------
Total Capitalization 604,573
--------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Short-term borrowings 158
Accounts payable 251,906
Customer deposits 8,356
Taxes accrued 61,033
Interest accrued 2,288
Deferred income taxes 48,553
Exchange gas payable 113,985
Estimated rate refund 697
Other accruals 66,176
--------------------------------------------------------------------------------------------------------------------
Total current liabilities 553,152
--------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 128,894
Deferred investment tax credits 16,119
Regulatory liabilities 9,038
Accrued liability for post retirement benefits 55,108
Other non-current liabilities 47,444
--------------------------------------------------------------------------------------------------------------------
Total other 256,603
--------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 1,414,328
====================================================================================================================
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 June 30, (in thousands) 2002
-----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 651,889
Accumulated depreciation and amortization (220,024)
-----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 431,865
-----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 2,773
Accounts receivable - less reserve 67,181
Gas adjustment clause 48,186
Exchange gas receivable 14,225
Natural gas in storage - weighted average 33,934
Prepayments and other 11,690
-----------------------------------------------------------------------------------------------------------------------
Total Current Assets 177,989
-----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 66,821
Deferred charges and other 3,570
-----------------------------------------------------------------------------------------------------------------------
Total Other Assets 70,391
-----------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 680,245
=======================================================================================================================
-----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 212,175
Long-term debt excluding amt due within one year 185,215
-----------------------------------------------------------------------------------------------------------------------
Total Capitalization 397,390
-----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 33,402
Notes payable to associated companies 17,843
Customer deposits 3,367
Taxes accrued 23,109
Deferred income taxes 3,120
Exchange gas payable 27,674
Other accruals 41,614
-----------------------------------------------------------------------------------------------------------------------
Total current liabilities 150,129
-----------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 93,089
Deferred investment tax credits 7,686
Regulatory liabilities 5,418
Accrued liability for post retirement benefits 13,631
Other non-current liabilities 12,902
-----------------------------------------------------------------------------------------------------------------------
Total other 132,726
-----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 680,245
=======================================================================================================================
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 June 30, (in thousands) 2002
-----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 489,682
Accumulated depreciation and amortization (116,882)
-----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 372,800
-----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 475
Accounts receivable - less reserve 45,114
Exchange gas receivable 954
Material and supplies, at average cost 550
Natural gas in storage - weighted average 9,468
Prepayments and other 20,062
-----------------------------------------------------------------------------------------------------------------------
Total Current Assets 76,623
-----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 7,977
Deferred charges and other 5,421
-----------------------------------------------------------------------------------------------------------------------
Total Other Assets 13,398
-----------------------------------------------------------------------------------------------------------------------
TOTAL ASSETS $ 462,821
=======================================================================================================================
-----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 157,604
Long-term debt excluding amt due within one year 130,175
-----------------------------------------------------------------------------------------------------------------------
Total Capitalization 287,779
-----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 22,525
Notes payable to associated companies 12,835
Customer deposits 4,606
Taxes accrued 15,708
Gas adjustment clause 26,580
Exchange gas payable 4,368
Other accruals 16,136
-----------------------------------------------------------------------------------------------------------------------
Total current liabilities 102,758
-----------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 28,517
Deferred investment tax credits 2,148
Regulatory liabilities 1,360
Accrued liability for post retirement benefits 5,834
Other non-current liabilities 34,425
-----------------------------------------------------------------------------------------------------------------------
Total other 72,284
-----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 462,821
=======================================================================================================================
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 June 30, (in thousands) 2002
-----------------------------------------------------------------------------------------------------------------------
ASSETS
PROPERTY, PLANT, AND EQUIPMENT:
Utility plant $ 83,322
Accumulated depreciation and amortization (35,333)
-----------------------------------------------------------------------------------------------------------------------
Net Utility Plant 47,989
-----------------------------------------------------------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents 80
Accounts receivable - less reserve 19,047
Exchange gas receivable 1,666
Material and supplies, at average cost 98
Natural gas in storage - weighted average 2,583
Prepayments and other 2,895
-----------------------------------------------------------------------------------------------------------------------
Total Current Assets 26,369
-----------------------------------------------------------------------------------------------------------------------
OTHER ASSETS:
Regulatory assets 2,102
Deferred charges and other 159
-----------------------------------------------------------------------------------------------------------------------
Total Other Assets 2,261
-----------------------------------------------------------------------------------------------------------------------
Total Assets $ 76,619
=======================================================================================================================
-----------------------------------------------------------------------------------------------------------------------
CAPITALIZATION AND LIABILITIES
CAPITALIZATION:
Common shareholder's equity $ 27,933
Long-term debt excluding amt due within one year 18,975
-----------------------------------------------------------------------------------------------------------------------
Total Capitalization 46,908
-----------------------------------------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable 5,476
Notes payable to associated companies 2,495
Customer deposits 348
Taxes accrued 3,090
Gas adjustment clause 2,270
Exchange gas payable 3,918
Other accruals 2,214
-----------------------------------------------------------------------------------------------------------------------
Total current liabilities 19,811
-----------------------------------------------------------------------------------------------------------------------
OTHER:
Deferred income taxes 5,138
Deferred investment tax credits 775
Regulatory liabilities 490
Accrued liability for post retirement benefits 1,637
Other non-current liabilities 1,860
-----------------------------------------------------------------------------------------------------------------------
Total other 9,900
-----------------------------------------------------------------------------------------------------------------------
TOTAL CAPITALIZATION AND LIABILITIES $ 76,619
=======================================================================================================================
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 SECOND QUARTER OF 2002 SECOND QUARTER OF 2002 SECOND QUARTER OF 2002
----------------------------------------------------------------------------------------------------------------------------------
Alamco-Haug Hauling N/A 641,000 2.73%
Bay State Gas Company 107,885,000 0 2.73%
Columbia Assurance Agency, Inc. N/A 11,000 2.73%
Columbia Accounts Receivable Corporation N/A 9,352,000 2.73%
Columbia Atlantic Trading Corporation 0 5,139,000 2.73%
CNR Canada, Ltd. 4,563,000 0 2.73%
Columbia Energy Group Capital Corporation N/A 170,000 2.73%
Columbia Deep Water Services Company 856,000 0 2.73%
Columbia Electric Corporation N/A 6,399,000 2.73%
Columbia Energy Resources, Inc. N/A 5,039,000 2.73%
Columbia Energy Services Corporation 8,098,000 159,000 2.73%
Columbia Finance Corporation N/A 0 2.73%
Columbia Energy Group N/A 431,428,000 2.73%
Columbia Gulf Transmission Company 32,235,000 0 2.73%
Columbia Gas of Virginia, Inc. 0 44,028,000 2.73%
Columbia Insurance Corporation, Ltd. N/A 55,000 2.73%
Columbia Gas of Kentucky, Inc. 0 36,863,000 2.73%
Columbia LNG Corporation N/A 9,012,000 2.73%
Columbia Gas of Maryland, Inc. 0 17,367,000 2.73%
CNS Microwave, Inc. N/A 1,441,000 2.73%
Columbia Natural Resources, Inc. 21,351,000 16,912,000 2.73%
Columbia Network Services Corporation N/A 3,203,000 2.73%
Columbia Gas of Ohio, Inc. 162,817,000 0 2.73%
Columbia Gas of Pennsylvania, Inc. 0 39,628,000 2.73%
Columbia Propane Corporation 7,903,000 0 2.73%
CP Holdings, Inc. N/A 116,000 2.73%
Columbia Pipeline Corporation N/A 36,000 2.73%
Columbia Energy Power Marketing Corporation 4,000 0 2.73%
Columbia Remainder Corporation 27,000 0 2.73%
Crossroads Pipeline 32,305,000 0 2.73%
Columbia Energy Group Service Corp. 84,530,000 0 2.73%
Columbia Service Partners, Inc. N/A 13,911,000 2.73%
Columbia Transmission Communications Corporation N/A 3,176,000 2.73%
NiSource Development Company, Inc. 196,967,000 0 2.73%
EnergyUSA, Inc. 37,413,000 0 2.73%
EnergyUSA, Inc. (MA) 4,150,000 0 2.73%
Kokomo Gas and Fuel Company 0 3,219,000 2.73%
NiSource Capital Markets. Inc. N/A 6,352,000 2.73%
NI Energy Services, Inc. 46,394,000 0 2.73%
NiSource Energy Technologies, Inc. 19,286,000 0 2.73%
NiSource Finance Corp. N/A 386,810,000 2.73%
NiSource Inc. N/A 58,253,000 2.73%
Northern Indiana Fuel and Light Company, Inc. 0 9,484,000 2.73%
Northern Indiana Public Service Company 181,964,000 0 2.73%
NiSource Pipeline Group, Inc. 15,847,000 0 2.73%
Northern Utilities, Inc. 1,165,000 9,425,000 2.73%
Columbia Petroleum Corporation N/A 52,457,000 2.73%
Columbia Propane, L.P. N/A 2,362,000 2.73%
Primary Energy, Inc. 5,048,000 8,696,000 2.73%
Columbia Gas Transmission Corporation 64,795,000 27,665,000 2.73%
EnergyUSA-TPC Corp. 10,256,000 81,419,000 2.73%
----------------------------------------------------------------------------------------------------------------------------------
20