UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM U-9C-3
QUARTERLY REPORT
For the quarter ended March 31, 2005
Filed Pursuant to Rule 58 of the Public Utility Holding Company Act of 1935
This report is being
submitted as a combined filing for NiSource Inc. and Columbia Energy Group.
Please direct all inquiries to Jeffrey Grossman, Vice President and Controller of NiSource
Inc. at 219-647-5675
NiSource Inc./Columbia Energy Group
CONTENTS
| Page | ||||||||
ITEM 1.
|
ORGANIZATION CHART | 3 | ||||||
ITEM 2.
|
ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS | 4 | ||||||
ITEM 3.
|
ASSOCIATE TRANSACTIONS | 4 | ||||||
ITEM 4.
|
SUMMARY OF AGGREGATE INVESTMENT | 6 | ||||||
ITEM 5.
|
OTHER INVESTMENTS | 6 | ||||||
ITEM 6.
|
FINANCIAL STATEMENTS AND EXHIBITS | 7 | ||||||
EXHIBITS
|
8 | |||||||
SIGNATURE
|
9 | |||||||
EXHIBIT A
|
10 | |||||||
2
| Name of Company | Percentage | |||||||||||
| (Organization Chart Hierarchy) | Energy or | of Voting | ||||||||||
| (Inactive companies denoted with (*)) | Gas-related | Date of | State of | Securities | ||||||||
| (Reporting companies denoted with (**)) | Company | Organization | Organization | Held | Nature of Business | |||||||
NiSource Inc.
|
N/A | N/A | N/A | N/A | N/A | |||||||
Columbia Energy Group |
N/A | N/A | N/A | N/A | N/A | |||||||
Columbia Atlantic Trading Corporation (**)
|
Gas-related | 03/19/74 | Delaware | 100 | % | Gas-related ventures | ||||||
Columbia Deep Water Services Company (**)
|
Gas-related | 01/07/98 | Delaware | 100 | % | Gas pipeline development | ||||||
Columbia Energy Services Corporation (**)
|
Energy-related | 06/06/60 | Kentucky | 100 | % | Energy-related services | ||||||
NewPower Holdings (**)
|
Energy-related | 06/29/00 | Delaware | 1.0 | % | Gas Marketing | ||||||
Columbia Gas Transmission Corporation (**)
|
Gas-related | 03/03/69 | Delaware | 100 | % | Interstate gas pipeline | ||||||
Columbia Gulf Transmission Company (**)
|
Gas-related | 05/28/58 | Delaware | 100 | % | Interstate gas pipeline | ||||||
Energy USA, Inc.
|
N/A | N/A | N/A | N/A N/A | ||||||||
EnergyUSA-TPC Corp. (**)
|
Energy-related | 08/10/00 | Delaware | 100 | % | Gas marketing | ||||||
NI Energy Services Transportation, Inc. (**)
|
Gas-related | 06/18/98 | Indiana | 100 | % | Gas pipeline | ||||||
NI-TEX, Inc.
|
N/A | N/A | N/A | N/A | N/A | |||||||
Laredo Nueces Pipeline Company (*) (**)
|
Gas-related | 09/19/98 | Texas | 50 | % | Gas pipeline | ||||||
Granite State Gas Transmission, Inc. (**)
|
Gas-related | 10/24/55 | New Hampshire | 100 | % | Interstate gas pipeline | ||||||
NI Energy Services, Inc.
|
N/A | N/A | N/A | N/A | N/A | |||||||
Crossroads Pipeline Company (**)
|
Gas-related | 04/05/93 | Indiana | 100 | % | Interstate gas pipeline | ||||||
NESI Power Marketing, Inc. (*) (**)
|
Energy-related | 07/18/96 | Indiana | 100 | % | Power Marketing | ||||||
NiSource Energy Technologies, Inc.
|
N/A | N/A | N/A | N/A | N/A | |||||||
Acumentrics Corporation (**)
|
Energy-related | 08/18/94 | Massachusetts | 3.1 | % | Developer of solid oxide fuel cells | ||||||
NiSource Retail Service, Inc. (**)
|
Energy-related | 11/12/03 | Delaware | 100 | % | Energy-related services | ||||||
Northern Indiana Fuel and Light Company, Inc.
|
N/A | N/A | N/A | N/A | N/A | |||||||
Northern Indiana Trading Company, Inc. (**)
|
Energy-related | 02/10/88 | Indiana | 100 | % | Gas marketing | ||||||
3
ITEM 2. ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Securities:
| Company | Type of | Principal | Person to | Collateral | Consideration | |||||||||
| Issuing | Security | Amount of | Issue or | Cost of | Whom Security | Given with | Received for | |||||||
| Security | Issued | Security | Renewal | Capital | was Issued | Security | Each Security | |||||||
None |
||||||||||||||
Capital Contributions:
| Company | Company | |||
| Contributing | Receiving | Amount of | ||
| Capital | Capital | Capital Contribution | ||
None |
||||
ITEM 3. ASSOCIATE TRANSACTIONS (in thousands)
Part I. Transactions performed by reporting companies on behalf of associate companies
| Rendering Services | Receiving Services | Rendered | Charged | Charges | Capital | Billed | ||||||||||||||
Columbia Gulf Transmissioin Company |
Columbia Deep Water Services Company |
Operating & Maintenance |
$ | 11 | - | - | $ | 11 | ||||||||||||
4
ITEM 3. ASSOCIATE TRANSACTION (continued)(in thousands)
Part II. Transactions performed by associate companies on behalf of reporting companies
| Associate Company | Reporting Company | Types of Services | Direct Costs | Indirect Costs | Cost of | Total Amount | |||||||||||
| Rendering Services | Receiving Services | Rendered | Charged | Charges | Capital | Billed | |||||||||||
NiSource Corporate Services Company |
Columbia Atlantic Trading Corporation |
Administrative | $ | 1 | - | - | $ | 1 | |||||||||
Columbia Gulf Transmission Company |
Columbia Deep Water Services Company |
Operation & Maintenance |
$ | 11 | - | - | $ | 11 | |||||||||
NiSource Corporate Services Company |
Columbia Deep Water Services Company |
Administrative | $ | 8 | - | - | $ | 8 | |||||||||
NiSource Corporate Services Company |
Columbia Energy Services Corporation |
Administrative | $ | 77 | - | - | $ | 77 | |||||||||
NiSource Corporate Services Company |
Columbia Gas Transmission Corporation |
Administrative | $ | 10,078 | - | - | $ | 10,078 | |||||||||
NiSource Corporate Services Company |
Columbia Gulf Transmission Company |
Administrative | $ | 2,783 | - | - | $ | 2,783 | |||||||||
NiSource Corporate Services Company |
EnergyUSA-TPC Corp. | Administrative | $ | 346 | - | - | $ | 346 | |||||||||
NiSource Corporate Services Company |
Granite State Gas Transmission, Inc. | Administrative | $ | 70 | - | - | $ | 70 | |||||||||
NiSource Corporate Services Company |
Crossroads Pipeline Company | Administrative | $ | 77 | - | - | $ | 77 | |||||||||
NiSource Corporate Services Company |
NiSource Retail Services, Inc. | Administrative | $ | 251 | - | - | $ | 251 | |||||||||
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ITEM 4. SUMMARY OF AGGREGATE INVESTMENT (in thousands)
Investments in energy-related companies: |
||||||||||||
Total consolidated capitalization as of March 31, 2005 |
$ | 9,833,826 | Line 1 | |||||||||
Total capitalization multiplied by 15% (line 1 multiplied by 0.15) |
$ | 1,475,074 | Line 2 | |||||||||
Greater of $50 million or line 2 |
$ | 1,475,074 | Line 3 | |||||||||
Total current aggregate investment: (categorized by major line
of energy-related business) |
||||||||||||
Energy-related services |
$ | 10 | ||||||||||
Total current aggregate investment |
$ | 10 | Line 4 | |||||||||
Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered
holding company system (line 3 less line 4) |
$ | 1,475,064 | Line 5 | |||||||||
Investments in gas-related companies: |
||||||||||||
Total current aggregate investment: (categorized by major line
of energy-related business) |
||||||||||||
Energy-related business |
$ | — | ||||||||||
Total current aggregate investment |
$ | — | ||||||||||
| Other Investment in | Other Investment in | |||||||||||
| Major Line of Energy- | last U-9C-3 Report | this U-9C-3 Report | Reason for difference | |||||||||
| Related Business * | (in thousands) | (in thousands) | in Other Investment | |||||||||
Gas Pipeline and Pipeline Development |
$ | 2,084,676 | $ | 2,084,670 | a | |||||||
Other Gas-Related Business |
— | — | — | |||||||||
Gas and Power Marketing |
$ | 473,328 | $ | 447,578 | b | |||||||
Other Energy-Related Business |
$ | 468,215 | $ | 461,273 | c | |||||||
| * | For Columbia Energy Group, the scope of the reporting of other investments includes investments, including gas-related guarantees, made before February 14, 1997, in pre-existing subsidiaries that could have been acquired pursuant to Rule 58 (b) (2). For NiSource Inc. the scope of the reporting of other investments includes investments made prior to 11-1-00 (date on which NiSource Inc. became a registered holding company) in pre-existing subsidiaries that could have been acquired pursuant to Rule 58 (b) (2). |
| a. | In the first quarter of 2005, Columbia Gas Transmission Corporation’s long-term debt was reduced by $6 thousand due to payments on capital leases. |
| b. | In the first quarter of 2005, guaranties for EnergyUSA-TPC Corp. decreased $25,750 thousands due to a decrease in activity. |
| c. | In the first quarter of 2005, Columbia Energy Services Corporation guarantees decreased $6,942 thousand which decrease over time as performance occurs. |
6
ITEM 6. FINANCIAL STATEMENTS AND EXHIBITS
List all financial statements and exhibits filed as a part of this report.
Confidential treatment requested.
7
EXHIBITS
| 1. | Copies of contracts required to be provided by Item 3 shall be filed as exhibits. | |||
| NOT APPLICABLE | ||||
| 2. | Certificate stating that a copy of the reports for the previous quarter has been filed with interested state commissions shall be filed as an exhibit. The certificate shall provide the names and addresses of the state commissions. | |||
| EXHIBIT A | ||||
8
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| NiSource Inc |
||||
| (Registrant) | ||||
| Date: May 13, 2005 | By: | /s/ Jeffrey W. Grossman | ||
| Jeffrey W. Grossman | ||||
| Vice President (Principal Accounting Officer and Duly Authorized Officer) | ||||
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EXHIBIT A
CERTIFICATE
NiSource’s Quarterly Report on Form U-9C-3 filed pursuant to Rule 58 for the quarter ended December 31, 2004 was filed with each state commission having jurisdiction over the retail rates of the public utility companies that are associate companies of any of the reporting companies.
The names and addresses of each such state utility commission is:
| Commonwealth of Kentucky Public Service Commission | ||
| 211 Sower Blvd | ||
| Frankfort, KY 40601 | ||
| Public Service Commission of Maryland | ||
| 6 St. Paul Centre | ||
| Baltimore, MD 21202 | ||
| Public Utilities Commission of Ohio | ||
| 180 East Broad Street | ||
| Columbus, OH 43215 | ||
| Pennsylvania Public Utility Commission | ||
| 901 North 7th Street Rear | ||
| Harrisburg, PA 17105-3265 | ||
| Virginia State Corporation Commission | ||
| 1300 East Main Street | ||
| Richmond, VA 23219 | ||
| Indiana Utility Regulatory Commission | ||
| 302 West Washington Street, Room E 306 | ||
| Indianapolis, IN 46204 | ||
| Maine Public Utilities Commission | ||
| 242 State Street | ||
| Augusta, ME 04333 | ||
| Massachusetts Department of Telecommunications & Energy | ||
| One South Station | ||
| Boston, MA 02110 | ||
| New Hampshire Public Utilities Commission | ||
| 8 Old Suncook Road | ||
| Concord, NH 03301 |
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