e35vcert
 

May 13, 2005

Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549

Interim Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
NiSource Inc.
801 E. 86th Ave.
Merrillville, IN 46410

File No. 70-10169

Gentlemen:

     In compliance with the terms and conditions of Rule 24 under the Public Utility Holding Company Act of 1935, and the Order of the Commission dated December 30, 2003, authorizing the financing transactions and business activities as more fully described in the Joint Application/Declaration, as amended, in those proceedings, the undersigned hereby certifies to the Commission that, during the quarter ended March 31, 2005:

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

     913,330

3.   If common stock has been transferred to a seller of securities of a company being acquired, the number of shares so issued, the value per share and whether the shares are restricted to the acquiror

     None

4.   The amount and terms of any long-term debt, preferred stock, preferred securities, equity-linked securities or short-term debt issued directly or indirectly by NiSource Inc.

     Please see Exhibit 1

5.   The maximum outstanding amount of all borrowings under or investments in the money pool by each money pool participant during the quarter, and the rate or range of rates charged on money pool borrowings and paid on money pool investments

     Please see Exhibit 2

6.   The number of shares of common stock issued by Columbia Energy Group to NiSource Inc. and the price per share paid

     None

7.   The principal amount, interest rate and maturity of any long-term debt security issued by Columbia Energy Group to NiSource Finance Corp. or other financing subsidiary of NiSource Inc.

     None

8.   The number of shares of common stock issued by Columbia Gas of Maryland, Inc. to Columbia Energy Group and the price per share paid

     None

1

 

9.   The principal amount, interest rate and maturity of any long-term debt security issued by Columbia Gas of Maryland, Inc. to Columbia Energy Group

     None

10.   The amount and terms of any financings consummated by any non-utility subsidiary that are not exempt under Rule 52

     None

11.   The name of the guarantor and of the beneficiary of any parent guarantee or non-utility subsidiary guarantee issued, and the amount, terms and purpose of the guarantee

     Please see Exhibit 3

12.   The notional amount and principal terms of any interest rate hedge or anticipatory hedge entered into and identity of the parties to such instruments

     None

13.   The name, parent company, and amount invested in any new intermediate subsidiary or financing subsidiary

     None

14.   A list of Form U-6B-2 statements filed with the Commission, including the name of the filing entity and the date of the filing

     Columbia Energy Group U-6B-2 filed on behalf of Columbia of Ohio Receivables Corporation on March 18, 2005.
     Northern Indiana Public Service Company U-6B-2 filed on behalf of NIPSCO Receivables Corporation on March 18, 2005.

15.   Consolidated balance sheets as of the end of the quarter, and separate balance sheets as of the end of the quarter for each company, including NiSource Inc. and Columbia Energy Group, that has engaged in authorized financing transactions during the quarter

Please see the attached Exhibits 4 through 15 for balance sheets for NiSource Inc., Columbia Energy Group, Northern Indiana Public Service Company, Bay State Gas Company, Northern Utilities, Inc., Kokomo Gas and Fuel Company, Northern Indiana Fuel and Light, Inc., Columbia Gas of Kentucky, Inc., Columbia Gas of Ohio, Inc., Columbia Gas of Pennsylvania, Inc., Columbia Gas of Virginia, Inc. and Columbia Gas of Maryland, Inc.

         
  Very truly yours,


NiSource Inc.
 		  
  By:   /s/ Jeffrey W. Grossman    
    Jeffrey W. Grossman   
    Vice President   

2

 

         

Exhibit #1

NiSource Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #4

                     
    Amount Issued During   Amount Outstanding        
    First Quarter of 2005   March 31, 2005   Type of Debt    
Company   (in thousands)   (in thousands)   or Security   Terms
NiSource Finance Corp.
  -     -     Short-term Debt   Credit facility advances
 
NiSource Inc.*
  -     3,777,666     Long-term Debt   Various maturity dates and weighted average interest rates
 

*   NiSource Inc. includes long-term debt issues made by NiSource Capital Markets, Inc. and NiSource Finance Corp.

3

 

Exhibit #2

NiSource Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #5

                         
    Maximum Amount     Maximum Amount     Average Interest  
    Outstanding During     Invested During     Rate During  
Subsidiary (amounts in thousands)   First Quarter of 2005     First Quarter of 2005     First Quarter of 2005  
Bay State Gas Company
     169,206       —       4.74 %
Columbia Assurance Agency, Inc.
     N/A       35       4.74 %
Columbia Accounts Receivable Corporation
     N/A       10,105       4.74 %
Columbia Atlantic Trading Corporation
     N/A       773       4.74 %
Columbia Deep Water Services Company
     —       439       4.74 %
Columbia Electric Corporation
     N/A       4,428       4.74 %
Columbia Energy Services Corporation
     70,600       —       4.74 %
Columbia Energy Group
     N/A       575,945       4.74 %
Columbia Gulf Transmission Company
     —       40,053       4.74 %
Columbia Gas of Virginia, Inc.
     22,729       29,404       4.74 %
NiSource Insurance Corporation, Ltd.
     N/A       21       4.74 %
Columbia Gas of Kentucky, Inc.
     —       37,063       4.74 %
Columbia Gas of Maryland, Inc.
     —       13,512       4.74 %
CNS Microwave, Inc.
     N/A       1,883       4.74 %
Columbia Network Services Corporation
     N/A       3,115       4.74 %
Columbia Gas of Ohio, Inc.
     125,976       259,837       4.74 %
Columbia of Ohio Receivables Corp
     —       628       4.74 %
Columbia Gas of Pennsylvania, Inc.
     53,963       13,290       4.74 %
Columbia Remainder Corporation
     —       —       4.74 %
Crossroads Pipeline
     14,618       —       4.74 %
NiSource Corporate Services Company
     74,063       —       4.74 %
NiSource Development Company, Inc.
     184,605       —       4.74 %
EnergyUSA, Inc.
     34,614       —       4.74 %
EnergyUSA, Inc. (MA)
     —       1,701       4.74 %
Kokomo Gas and Fuel Company
     —       8,630       4.74 %
NiSource Capital Markets. Inc.
     N/A       894       4.74 %
NI Energy Services, Inc.
     47,503       —       4.74 %
NiSource Energy Technologies, Inc.
     23,219       —       4.74 %
NiSource Finance Corp.
     N/A       648,384       4.74 %
NiSource Inc.
     N/A       42,966       4.74 %
Northern Indiana Fuel and Light Company, Inc.
     —       20,663       4.74 %
Northern Indiana Public Service Company
     495,689       —       4.74 %
NIPSCO Receivables Corporation
     —       2,828       4.74 %
NiSource Retail Services, Inc.
     1,483       —       4.74 %
Granite State Gas Transmission
     6,917       —       4.74 %
Northern Utilities, Inc.
     14,915       2,817       4.74 %
PEI Holdings, Inc.
     103,319       —       4.74 %
Columbia Gas Transmission Corporation
     —       200,959       4.74 %
EnergyUSA-TPC Corp.
     55,339       21,732       4.74 %
 

4

 

Exhibit #3

NiSource Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item # 11

                 
        Guarantees    
        Issued During    
        First Quarter 2005    
Guarantor   Subsidiary   (in thousands)   Purpose
NiSource Inc.
  KGF Trading Company     25,000     Guarantee commodity transactions
NiSource Inc.
  NiSource Finance Corp.     8,830     Guarantee interest rate risk/payment
 
               

5

 

Exhibit #4

NiSource Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 16,270,903  
Accumulated depreciation and amortization
     (7,340,900 )
 
      
Net Utility Plant
     8,930,003  
 
      
Other property, at cost, less accumulated depreciation
     427,450  
 
      
Net Property, Plant and Equipment
     9,357,453  
 
      
Investments:
        
Assets of discontinued operations and assets held for sale
     40,838  
Unconsolidated affiliates
     97,767  
Other investments
     82,822  
 
      
Total Investments
     221,427  
 
      
Current Assets:
        
Cash and cash equivalents
     587,959  
Restricted cash
     30,092  
Accounts receivable — less reserve
     610,039  
Unbilled revenue — less reserve
     282,823  
Gas inventory
     70,050  
Underrecovered gas and fuel costs
     183,452  
Material and supplies, at average cost
     72,513  
Electric production fuel, at average cost
     31,225  
Price risk management asset
     125,188  
Exchange gas receivable
     182,445  
Regulatory assets
     143,778  
Prepayments and other
     84,723  
 
      
Total Current Assets
     2,404,287  
 
      
Other Assets:
        
Price risk management asset
     149,328  
Regulatory assets
     582,154  
Goodwill
     3,687,183  
Intangible assets
     516,237  
Deferred charges and other
     185,604  
 
      
Total Other Assets
     5,120,506  
 
      
Total Assets
   $ 17,103,673  
 
      

6

 

Exhibit #4

NiSource Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common Stock Equity
   $ 4,942,020  
Preferred Stocks — Series without mandatory redemption provisions
     81,114  
Long-term debt, excluding amounts due within one year
     4,809,692  
 
Total Capitalization
     9,832,826  
 
Current Liabilities:
        
Current portion of long-term debt
     1,299,628  
Accounts payable
     502,306  
Dividends declared on common and preferred stocks
     63,593  
Customer deposits
     95,260  
Taxes accrued
     376,780  
Interest accrued
     146,667  
Overrecovered gas and fuel costs
     44,500  
Price risk management liabilities
     28,401  
Exchange gas payable
     236,968  
Current deferred revenue
     26,777  
Regulatory liabilities
     40,501  
Accrued liability for postretirement and pension benefits
     86,737  
Other accruals
     597,152  
 
Total current liabilities
     3,545,270  
 
Other:
        
Price risk management liabilities
     8,647  
Deferred income taxes
     1,695,663  
Deferred investment tax credits
     76,156  
Deferred credits
     63,263  
Non-current deferred revenue
     83,041  
Accrued liability for postretirement and pension benefits
     420,290  
Preferred stock liabilities with mandatory redemption provisions
     635  
Regulatory liabilities and other removal costs
     1,188,980  
Other noncurrent liabilities
     187,902  
 
Total other
     3,724,577  
 
Total Capitalization and Liabilities
   $ 17,102,673  
 

7

 

Exhibit #5

Columbia Energy Group
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
ASSETS
        
Property, Plant and Equipment
        
Utility Plant
   $ 8,384,522  
Accumulated depreciation and amortization
     (3,760,591 )
 
Net utility plant
     4,623,931  
 
Other property, at cost, less accumulated depreciation
     2,271  
 
Net Property, Plant and Equipment
     4,626,202  
 
Investments and Other Assets
        
Assets of discontinued operations and assets held for sale
     23,082  
Unconsolidated affiliates
     44,497  
Other investments
     51,017  
 
Total Investments
     118,596  
 
Current Assets
        
Cash and cash equivalents
     1,010,602  
Restricted cash
     551  
Accounts receivable — less reserve
     345,741  
Unbilled revenue — less reserve
     96,311  
Gas inventory
     37,887  
Underrecovered gas and fuel costs
     155,786  
Materials and supplies, at average cost
     18,455  
Price risk management assets
     67,797  
Exchange gas receivable
     165,868  
Regulatory assets
     103,773  
Prepayments and other
     69,385  
 
Total Current Assets
     2,072,156  
 
Other Assets
        
Price risk management assets
     140,541  
Regulatory assets
     358,872  
Intangible assets
     772  
Deferred charges and other
     144,445  
 
Total Other Assets
     644,630  
 
Total Assets
   $ 7,461,584  
 

8

 

Columbia Energy Group
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
CAPITALIZATION AND LIABILITIES
        
Capitalization
        
Common Stock Equity
   $ 3,157,282  
Long-term debt, excluding amounts due within one year
   1,075,822  
 
Total Capitalization
     4,233,104  
 
Current Liabilities
        
Current portion of long-term debt
     281,902  
Accounts payable
     246,757  
Customer accounts receivable credit balances and deposits
     45,499  
Taxes accrued
     257,383  
Interest accrued
     36,102  
Overrecovered gas and fuel costs
     17,030  
Price risk management liabilities
     3,343  
Exchange gas payable
     231,619  
Current deferred revenue
     23,807  
Regulatory liabilities
     28,807  
Accrued liability for postretirement and postemployment benefits
     33,247  
Other accruals
     467,704  
 
Total Current Liabilities
     1,673,200  
 
Other Liabilities and Deferred Credits
        
Price risk management liabilities
     2,148  
Deferred income taxes
     840,372  
Deferred investment tax credits
     25,122  
Deferred credits
     39,426  
Noncurrent deferred revenue
     80,220  
Accrued liability for postretirement and postemployment benefits
     82,939  
Regulatory liabilities and other cost of removal
     369,560  
Other noncurrent liabilities
     115,493  
 
Total Other
     1,555,280  
 
Commitments and Contingencies
     -  
 
Total Capitalization and Liabilities
   $ 7,461,584  
 

9

 

Exhibit #6

Northern Indiana Public Service Company
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 6,756,710  
Accumulated depreciation and amortization
     (3,246,375 )
 
Net Utility Plant
     3,510,335  
 
Other property and investments
     2,289  
 
Current Assets:
        
Cash and cash equivalents
     9,913  
Restricted cash
     691  
Accounts receivable — less reserve
     32,279  
Unbilled revenue — less reserve
     127,012  
Underrecovered fuel costs
     11,628  
Material and supplies, at average cost
     47,766  
Electric production fuel, at average cost
     31,225  
Natural gas in storage, at last in, first-out cost
     13,748  
Price risk management assets
     7,080  
Regulatory assets
     27,463  
Prepayments and other
     37,087  
 
Total Current Assets
     345,892  
 
Other Assets:
        
Regulatory assets
     178,532  
Intangible assets
     31,073  
Deferred charges and other
     7,972  
 
Total Other Assets
     217,577  
 
Total Assets
   $ 4,076,093  
 

10

 

Exhibit #6

Northern Indiana Public Service Company
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 1,220,263  
Preferred Stocks — Series without mandatory redemption provisions
     81,114  
Long-term debt, excluding amount due within one year
     497,906  
 
Total Capitalization
     1,799,283  
 
Current Liabilities:
        
Current portion of long-term debt
     73,275  
Short-term borrowings
     213,577  
Accounts payable
     151,178  
Dividends declared on common and preferred stock
     1,054  
Customer deposits
     57,990  
Taxes accrued
     137,038  
Interest accrued
     7,054  
Overrecovered gas and fuel costs
     25,318  
Price risk management liabilities
     79  
Regulatory liabilities
     3,266  
Accrued liability for postretirement and pension benefits
     22,028  
Other accruals
     80,810  
 
Total current liabilities
     772,667  
 
Other:
        
Deferred income taxes
     447,796  
Deferred investment tax credits
     48,421  
Deferred credits
     18,892  
Accrued liability for postretirement and pension benefits
     245,233  
Preferred stock liabilities with mandatory redemption provisions
     635  
Regulatory liabilities and other removal costs
     723,034  
Other noncurrent liabilities
     20,132  
 
Total other
     1,504,143  
 
Total Capitalization and Liabilities
   $ 4,076,093  
 

11

 

Exhibit #7

Bay State Gas Company
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 957,500  
Accumulated depreciation and amortization
     (256,324 )
 
Net Utility Plant
     701,176  
 
Other property and investments
     1,740  
 
Investments:
        
Unconsolidated affiliates
     34  
 
Total Investments
     34  
 
Current Assets:
        
Cash and cash equivalents
     5,674  
Accounts receivable — less reserve
     131,176  
Unbilled revenue — less reserve
     52,346  
Gas Inventory
     16,286  
Underrecovered gas and fuel costs
     16,038  
Material and supplies, at average cost
     4,915  
Price risk management asset
     1,312  
Exchange gas receivable
     10,967  
Regulatory assets
     12,408  
Prepayments and other
     2,819  
 
Total Current Assets
     253,941  
 
Other Assets:
        
Price risk management asset
     243  
Regulatory assets
     47,441  
Intangible assets
     458,185  
Deferred charges and other
     10,596  
 
Total Other Assets
     516,465  
 
Total Assets
   $ 1,473,356  
 

12

 

Exhibit #7

Bay State Gas Company
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)   2005  
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 579,122  
Long-term debt excluding amt due within one year
     232,667  
 
Total Capitalization
     811,789  
 
Current Liabilities:
        
Current portion of long-term debt
     10,833  
Short-term borrowings
     108,084  
Accounts payable
     55,619  
Customer deposits
     4,231  
Taxes accrued
     15,423  
Interest accrued
     998  
Regulatory liabilities
     5,084  
Other accruals
     44,101  
 
Total current liabilities
     244,373  
 
Other:
        
Deferred income taxes
     292,472  
Deferred investment tax credits
     1,981  
Accrued liability for postretirement and pension benefits
     21,422  
Regulatory liabilities and other removal costs
     97,310  
Other noncurrent liabilities
     4,009  
 
Total other
     417,194  
 
Total Capitalization and Liabilities
   $ 1,473,356  
 

13

 

Exhibit #8

Northern Utilities, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 186,569  
Accumulated depreciation and amortization
     (46,510 )
Net Utility Plant
     140,059  
Other property and investments
     1,666  
Investments:
        
Unconsolidated affiliates
     2  
Total Investments
     2  
Current Assets:
        
Cash and cash equivalents
     1,979  
Accounts receivable — less reserve
     21,779  
Unbilled revenue — less reserve
     9,034  
Gas inventory
     942  
Underrecovered gas and fuel costs
     395  
Material and supplies, at average cost
     979  
Price risk management asset
     1,312  
Exchange gas receivable
     8,734  
Regulatory assets
     1,136  
Prepayments and other
     595  
Total Current Assets
     46,885  
Other Assets:
        
Price risk management asset
     243  
Regulatory assets
     15,969  
Intangible assets
     79,609  
Deferred charges and other
     261  
Total Other Assets
     96,082  
Total Assets
   $ 284,694  
   

14

 

Exhibit #8

Northern Utilities, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

                 
As of March 31, (in thousands)           2005  
CAPITALIZATION AND LIABILITIES
                
Capitalization:
                
Common shareholder’s equity
           $ 122,058          
Long-term debt excluding amt due within one year
             64,167  
Total Capitalization
             186,225  
Current Liabilities:
                
Current portion of long-term debt
             833  
Accounts payable
             10,027  
Customer deposits
             1,090  
Taxes accrued
             2,790  
Interest accrued
             38  
Regulatory liabilities
             2,044  
Other accruals
             9,253  
Total current liabilities
             26,075  
Other:
                
Deferred income taxes
             53,477  
Deferred investment tax credits
             209  
Accrued liability for postretirement and pension benefits
             2,533  
Regulatory liabilities and other removal costs
             13,036  
Other noncurrent liabilities
             3,139  
Total other
             72,394  
Total Capitalization and Liabilities
           $ 284,694  
   

15

 

Exhibit #9

Kokomo Gas and Fuel Company
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 57,834  
Accumulated depreciation and amortization
     (34,406 )
Net Utility Plant
     23,428  
Investments:
        
Unconsolidated affiliates
     5  
Total Investments
     5  
Current Assets:
        
Cash and cash equivalents
     5,059  
Accounts receivable — less reserve
     11,248  
Unbilled revenue — less reserve
     3,903  
Gas Inventory
     922  
Material and supplies, at average cost
     331  
Price risk management assets
     1,576  
Prepayments and other
     43  
Total Current Assets
     23,082  
Other Assets:
        
Goodwill
     16,439  
Intangible assets
     159  
Deferred charges and other
     373  
Total Other Assets
     16,971  
Total Assets
   $ 63,486  
     
 
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 41,514  
Total Capitalization
     41,514  
Current Liabilities:
        
Accounts payable
     6,870  
Customer deposits
     562  
Taxes accrued
     1,571  
Interest accrued
     159  
Overrecovered gas and fuel costs
     1,915  
Regulatory liabilities
     1,576  
Other accruals
     2,668  
Total current liabilities
     15,321  
Other:
        
Deferred income taxes
     4,027  
Deferred investment tax credits
     384  
Accrued liability for postretirement and pension benefits
     1,819  
Regulatory liabilities and other removal costs
     292  
Other noncurrent liabilities
     129  
Total other
     6,651  
Total Capitalization and Liabilities
   $ 63,486  
     

16

 

Exhibit #10

Northern Indiana Fuel and Light Company, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 58,365  
Accumulated depreciation and amortization
     (25,227 )
Net Utility Plant
     33,138  
Other property and investments
     701  
Current Assets:
        
Cash and cash equivalents
     9,206  
Accounts receivable — less reserve
     19,287  
Unbilled revenue — less reserve
     3,250  
Gas inventory
     219  
Material and supplies, at average cost
     302  
Price risk management assets
     1,767  
Prepayments and other
     87  
Total Current Assets
     34,118  
Other Assets:
        
Regulatory assets
     67  
Goodwill
     13,307  
Intangible assets
     591  
Deferred charges and other
     107  
Total Other Assets
     14,072  
Total Assets
   $ 82,029  
   
 
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 55,044  
Total Capitalization
     55,044  
Current Liabilities:
        
Accounts payable
     7,119  
Customer deposits
     221  
Taxes accrued
     2,160  
Interest accrued
     31  
Overrecovered gas and fuel costs
     237  
Regulatory liabilities
     1,767  
Other accruals
     699  
Total current liabilities
     12,234  
Other:
        
Deferred income taxes
     6,085  
Deferred investment tax credits
     232  
Accrued liability for postretirement and pension benefits
     8,047  
Regulatory liabilities and other removal costs
     181  
Other noncurrent liabilities
     206  
Total other
     14,751  
Total Capitalization and Liabilities
   $ 82,029  
   

17

 

Exhibit #11

Columbia Gas of Kentucky, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 242,248  
Accumulated depreciation and amortization
     (86,306 )
Net Utility Plant
     155,942  
Current Assets:
        
Cash and cash equivalents
     11,914  
Accounts receivable — less reserve
     45,348  
Unbilled revenue — less reserve
     8,884  
Gas inventory
     2,037  
Underrecovered gas and fuel costs
     7,226  
Material and supplies, at average cost
     37  
Exchange gas receivable
     321  
Regulatory assets
     332  
Prepayments and other
     1,481  
Total Current Assets
     77,580  
Other Assets:
        
Regulatory assets
     2,373  
Deferred charges and other
     1,437  
Total Other Assets
     3,810  
Total Assets
   $ 237,332  
   

18

 

Exhibit #11

Columbia Gas of Kentucky, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 84,474  
Long-term debt excluding amt due within one year
     36,300  
Total Capitalization
     120,774  
Current Liabilities:
        
Current portion of long-term debt
     5,841  
Accounts payable
     16,384  
Customer deposits
     3,062  
Taxes accrued
     4,772  
Interest accrued
     54  
Exchange gas payable
     8,834  
Regulatory liabilities
     3,912  
Accrued liability for postretirement and pension benefits
     837  
Other accruals
     24,946  
Total current liabilities
     68,642  
Other:
        
Deferred income taxes
     16,021  
Deferred investment tax credits
     1,095  
Accrued liability for postretirement and pension benefits
     1,568  
Regulatory liabilities and other removal costs
     24,061  
Other noncurrent liabilities
     5,171  
Total other
     47,916  
Total Capitalization and Liabilities
   $ 237,332  
   

19

 

Exhibit #12

Columbia Gas of Ohio, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 1,634,593  
Accumulated depreciation and amortization
     (585,982 )
Net Utility Plant
     1,048,611  
Other property and investments
     1,270  
Current Assets:
        
Cash and cash equivalents
     81,210  
Accounts receivable — less reserve
     204,305  
Unbilled revenue — less reserve
     22,756  
Gas inventory
     21,913  
Underrecovered gas and fuel costs
     110,608  
Material and supplies, at average cost
     710  
Exchange gas receivable
     4,032  
Regulatory assets
     89,857  
Prepayments and other
     18,764  
Total Current Assets
     554,155  
Other Assets:
        
Regulatory assets
     238,200  
Intangible assets
     360  
Deferred charges and other
     78,237  
Total Other Assets
     316,797  
Total Assets
   $ 1,920,833  
   

20

 

Exhibit #12

Columbia Gas of Ohio, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

                 
As of March 31, (in thousands)             2005  
CAPITALIZATION AND LIABILITIES
                
Capitalization:
                
Common shareholder’s equity
           $ 530,149  
Long-term debt excluding amt due within one year
             307,346  
Total Capitalization
             837,495  
Current Liabilities:
                
Current portion of long-term debt
             317  
Accounts payable
             177,197  
Customer deposits
             13,166  
Taxes accrued
             113,645  
Interest accrued
             1,022  
Price risk management liabilities
             2,102  
Exchange gas payable
             70,074  
Regulatory liabilities
             19,268  
Accrued liability for postretirement and pension benefits
             11,857  
Other accruals
             209,365  
Total current liabilities
             618,013  
Other:
                
Deferred income taxes
             175,544  
Deferred investment tax credits
             14,176  
Accrued liability for postretirement and pension benefits
             33,930  
Regulatory liabilities and other removal costs
             188,057  
Other noncurrent liabilities
             53,618  
Total other
             465,325  
Total Capitalization and Liabilities
           $ 1,920,833  
   

21

 

Exhibit #13

Columbia Gas of Pennsylvania, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 715,483  
Accumulated depreciation and amortization
     (241,528 )
Net Utility Plant
     473,955  
Other property and investments
     8  
Current Assets:
        
Cash and cash equivalents
     8,122  
Accounts receivable — less reserve
     109,251  
Unbilled revenue — less reserve
     43,556  
Gas inventory
     9,627  
Underrecovered gas and fuel costs
     37,952  
Material and supplies, at average cost
     595  
Exchange gas receivable
     39,727  
Regulatory assets
     4,848  
Prepayments and other
     1,287  
Total Current Assets
     254,965  
Other Assets:
        
Price risk management assets
     2,148  
Regulatory assets
     66,239  
Intangible assets
     36  
Deferred charges and other
     2,864  
Total Other Assets
     71,287  
Total Assets
   $ 800,215  
   

22

 

Exhibit #13

Columbia Gas of Pennsylvania, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

                 
As of March 31, (in thousands)             2005  
CAPITALIZATION AND LIABILITIES
                
Capitalization:
                
Common shareholder’s equity
           $ 245,484  
Long-term debt excluding amt due within one year
             167,372  
Total Capitalization
             412,856  
Current Liabilities:
                
Current portion of long-term debt
             17,843  
Accounts payable
             56,205  
Customer deposits
             2,932  
Taxes accrued
             12,973  
Interest accrued
             14  
Price risk management liabilities
             1,241  
Exchange gas payable
             33,729  
Regulatory liabilities
             638  
Accrued liability for postretirement and pension benefits
             3,543  
Other accruals
             109,397  
Total current liabilities
             238,515  
Other:
                
Price risk management liabilities
             2,148  
Deferred income taxes
             115,214  
Deferred investment tax credits
             6,695  
Accrued liability for postretirement and pension benefits
             9,884  
Regulatory liabilities and other removal costs
             8,561  
Other noncurrent liabilities
             6,342  
Total other
             148,844  
Total Capitalization and Liabilities
           $ 800,215  
   

23

 

Exhibit #14

Columbia Gas of Virginia, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

                 
As of March 31, (in thousands)             2005  
ASSETS
                
Property, Plant, and Equipment:
                
Utility plant
           $ 535,075  
Accumulated depreciation and amortization
             (124,172 )
Net Utility Plant
             410,903  
Current Assets:
                
Cash and cash equivalents
             3,328  
Accounts receivable — less reserve
             54,031  
Unbilled revenue — less reserve
             17,317  
Gas inventory
             3,677  
Material and supplies, at average cost
             1,011  
Exchange gas receivable
             5,367  
Regulatory assets
             184  
Prepayments and other
             3,737  
Total Current Assets
             88,652  
Other Assets:
                
Regulatory assets
             3,363  
Intangible assets
             45  
Deferred charges and other
             14,153  
Total Other Assets
             17,561  
Total Assets
           $ 517,116  
   
 
CAPITALIZATION AND LIABILITIES
                
Capitalization:
                
Common shareholder’s equity
           $ 199,265  
Long-term debt excluding amt due within one year
             117,340  
Total Capitalization
             316,605  
Current Liabilities:
                
Current portion of long-term debt
             12,835  
Accounts payable
             32,071  
Customer deposits
             7,365  
Taxes accrued
             11,853  
Interest accrued
             87  
Overrecovered gas and fuel costs
             13,074  
Exchange gas payable
             7,740  
Regulatory liabilities
             275  
Accrued liability for postretirement and pension benefits
             2,259  
Other accruals
             23,686  
Total current liabilities
             111,245  
Other:
                
Deferred income taxes
             37,794  
Deferred investment tax credits
             1,750  
Accrued liability for postretirement and pension benefits
             5,279  
Regulatory liabilities and other removal costs
             19,720  
Other noncurrent liabilities
             24,723  
Total other
             89,266  
Total Capitalization and Liabilities
           $ 517,116  
   

24

 

Exhibit #15

Columbia Gas of Maryland, Inc.
Quarterly Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
File No. 70-10169
Item #15

         
As of March 31, (in thousands)     2005  
ASSETS
        
Property, Plant, and Equipment:
        
Utility plant
   $ 88,802  
Accumulated depreciation and amortization
     (26,912 )
Net Utility Plant
     61,890  
Other property and investments
     1  
Current Assets:
        
Cash and cash equivalents
     4,819  
Accounts receivable — less reserve
     14,802  
Unbilled revenue — less reserve
     3,633  
Gas inventory
     634  
Material and supplies, at average cost
     278  
Exchange gas receivable
     2  
Regulatory assets
     157  
Prepayments and other
     2,060  
Total Current Assets
     26,385  
Other Assets:
        
Regulatory assets
     1,466  
Deferred charges and other
     93  
Total Other Assets
     1,559  
Total Assets
   $ 89,835  
   
 
CAPITALIZATION AND LIABILITIES
        
Capitalization:
        
Common shareholder’s equity
   $ 29,433  
Long-term debt excluding amt due within one year
     16,480  
Total Capitalization
     45,913  
Current Liabilities:
        
Current portion of long-term debt
     2,495  
Accounts payable
     5,102  
Customer deposits
     487  
Taxes accrued
     3,191  
Interest accrued
     6  
Overrecovered gas and fuel costs
     3,956  
Exchange gas payable
     622  
Regulatory liabilities
     42  
Accrued liability for postretirement and pension benefits
     570  
Other accruals
     5,546  
Total current liabilities
     22,017  
Other:
        
Deferred income taxes
     6,599  
Deferred investment tax credits
     636  
Accrued liability for postretirement and pension benefits
     928  
Regulatory liabilities and other removal costs
     13,138  
Other noncurrent liabilities
     604  
Total other
     21,905  
Total Capitalization and Liabilities
   $ 89,835  
   

25