UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY HOLDING
COMPANY ACT OF 1935.
For the quarterly period ended March 31, 2002
SCANA Corporation
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(Name of registered holding company)
1426 Main Street, Columbia, South Carolina 29201
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(Address of principal executive offices)
Table of Contents
Item
No. Title Page
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1 Organization Chart 2
2 Issuances and Renewals of Securities and Capital Contributions 3
3 Associate Transactions 3
4 Summary of Aggregate Investment 4
5 Other Investments 5
6 Financial Statements and Exhibits 6
ITEM 1 - ORGANIZATION CHART
Name Energy Percentage
of or Date State of Voting
Reporting Gas - related of of Securities Nature of
Company Company Organization Organization Held Business
- ------- ------- ------------ ------------ ---- --------
SCANA Corporation (a)
SCANA Resources, Inc. Energy September 8, 1987 South Carolina 100% Renders energy management services
Solo Energy Corporation Energy January 6, 1997 Delaware (c) Organized to provide long-term
energy service contracts from use
of micro turbines
South Carolina Electric & Gas Company
(b)
SC Coaltech No. 1 LP Energy April 7, 2000 Delaware 40% Production and sale of synthetic
fuel
Coaltech No. 1 LP Energy March 7, 1997 Delaware 25% Production and sale of synthetic
fuel
SCANA Energy Marketing, Inc. Energy June 30, 1987 South Carolina 100% Markets electricity, natural gas
and other light hydrocarbons
ServiceCare, Inc. Energy September 30, 1994 South Carolina 100% Provides energy-related products
and service contracts on home
appliances
Primesouth, Inc. Energy August 25, 1986 South Carolina 100% Engages in power plant management
and maintenance services
Public Service Company of North Carolina,
Incorporated (b)
Clean Energy Enterprises, Inc. Energy December 30, 1994 North Carolina 100% Sells, installs and services
compressed natural gas conversion
equipment
PSNC Blue Ridge Corporation Energy August 31, 1992 North Carolina 100% Renders energy management services
SCG Pipeline, Inc. Energy April 10, 2001 South Carolina 100% Transportation of natural gas
(a) The Public Utility Holding Company is not a reporting company, but is
included herein because it directly and/or indirectly holds securities in
energy-related companies.
(b) These SCANA Corporation system companies are not reporting companies, but
they are included herein because they hold securities directly in the
energy-related companies set forth below their names.
(c) Solo Energy Corporation declared insolvency in November 2001; SCANA
Resources, Inc. owns 23.8% of the voting securities of SOLO Energy
Corporation. The certificate of incorporation of SOLO Energy Corporation
limits SCANA Corporation and its wholly owned subsidiaries to an aggregate
power to vote of 18% of total number of votes entitled to be cast on
matters not requiring separate voting by the holders of Series B Preferred
Stock.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Principal Issue Person to Whom Collateral Consideration
Type of Amount of or Cost of Security was Given with for Each
Company Issuing Security Security Issued Security Renewal Capital Issued Security Security
------------------------ ----------------- -------- ------- ------- ------ -------- --------
Company Contributing Capital Company Receiving Capital Amount of Capital Contribution
---------------------------- ------------------------- ------------------------------
South Carolina Electric & Gas Company SC Coaltech No. l LP $1,520,000
South Carolina Electric & Gas Company Coaltech No. l LP $710,698
ITEM 3 - ASSOCIATE TRANSACTIONS
PART I - Transactions Performed by Reporting Companies on Behalf of Associate Companies
Reporting Company Associate Company Types of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
SC Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $21,514,146 - - $21,514,146
& Gas Company
Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $8,970,149 - - $8,970,149
& Gas Company
PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies
Associate Company Reporting Company Type of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $22,051,539 - - $22,051,539
South Carolina Electric & Gas Company SC Coaltech No.1 LP Fuel Handling $149,215 - - $149,215
South Carolina Electric & Gas Company Coaltech No. 1 LP Coal Sales $9,420,638 - - $9,420,638
South Carolina Pipeline Corporation SCG Pipeline, Inc. Preliminary Survey
and Investigation $2,905,278 - - $2,590,574 (1)
(1) Costs of $314,704 have been incurred by South Carolina Pipeline Corporation
for services rendered to SCG Pipeline, Inc. but have not yet been billed to SCG
Pipeline, Inc.
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
(Dollars in Thousands)
Investments in energy-related companies:
Total consolidated capitalization as of March 31, 2002 $6,048,124
(A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 907,219 Line 2
Greater of $50 million or line 2 $907,219
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business category 1 -
Energy-related business category 2 -
Energy-related business category 3 -
Energy-related business category 4 -
Energy-related business category 5 -
Energy-related business category 6 (B) 3,293
Energy-related business category 7 -
Energy-related business category 8 -
Energy-related business category 9 (C) 1
Energy-related business category 10 -
Total current aggregate investment $3,294 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) $903,925 Line 5
Investments in gas-related companies:
Total current aggregate investment:
(categorized by major line of gas-related business)
Gas-related business category 1 -
Gas-related business category 2 -
Total current aggregate investment -
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(A) Includes common equity, preferred stock and mandatorily redeemable preferred
securities, long-term debt and current maturities and short-term borrowings.
(B) Consists of investments in SC Coaltech No. l LP and Coaltech No. 1 LP
(C) Consists of investment in SCG Pipeline, Inc.
ITEM 5 - OTHER INVESTMENTS
(Dollars in Thousands)
Major line of energy- Other investment in Other investment in Reason for difference
related business last U-9C-3 report this U-9C-3 report in Other Investment
---------------- ----------------- ------------------ -------------------
Energy-related business category 1
SCANA Resources, Inc. ($7,843) ($7,843)
PSNC Blue Ridge Corporation $2,740 $2,888 Other comprehensive income
from derivatives.
Energy-related business category 3
Clean Energy Enterprises, Inc. $7,071 $7,071
Energy-related business category 4
ServiceCare, Inc. ($3,745) ($4,724) Dividend of subsidiary offset by
income tax benefit allocation.
Energy-related business category 5 Other comprehensive income from
SCANA Energy Marketing, Inc. ($67,140) ($44,253) derivatives offset by a
dividend of
subsidiary.
Energy-related business category 7
Primesouth, Inc. ($4,528) ($4,522) Income tax benefit allocation.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
Exhibit A-1 SC Coaltech No. 1 LP Balance Sheet as of March 31, 2002 - filed
under confidential treatment pursuant to Rule 104(b)
Exhibit A-2 SC Coaltech No. 1 LP Income Statement for the Periods ended
March 31, 2002 - filed under confidential treatment pursuant to
Rule 104(b)
Exhibit B-1 SCANA Resources, Inc. Balance Sheet as of March 31, 2002-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit B-2 SCANA Resources, Inc. Income Statement for the Periods ended
March 31, 2002-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit C-1 SCANA Energy Marketing, Inc. Balance Sheet as of March 31, 2002-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit C-2 SCANA Energy Marketing, Inc. Income Statement for the Periods
ended March 31, 2002-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit D-1 ServiceCare, Inc. Balance Sheet as of March 31, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit D-2 ServiceCare, Inc. Income Statement for the Periods ended March 31,
2002-filed under confidential treatment pursuant to Rule 104(b)
Exhibit E-1 Primesouth, Inc. Balance Sheet as of March 31, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit E-2 Primesouth, Inc. Income Statement for the Periods ended March 31,
2002-filed under confidential treatment pursuant to Rule 104(b)
Exhibit F-1 Clean Energy Enterprises, Inc. Balance Sheet as of March 31, 2002-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit F-2 Clean Energy Enterprises, Inc. Income Statement for the Periods
ended March 31, 2002-filed under confidential treatment pursuant
to Rule 104(b)Exhibit G-1 PSNC Blue Ridge Corporation Balance
Sheet as of March 31, 2002-filed under Confidential treatment
pursuant to Rule 104(b)
Exhibit G-2 PSNC Blue Ridge Corporation Income Statement for the
Periods ended March 31, 2002-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit H-1 SCG Pipeline, Inc. Balance Sheet as of March 31, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit H-2 SCG Pipeline, Inc. Income Statement for the Periods ended March
31, 2002-filed under confidential treatment pursuant to Rule 104
(b)
Exhibit I-1 Coaltech No. 1 LP Balance Sheet as of March 31, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit I-2 Coaltech No. 1 LP Income Statement for the Periods ended March 31,
2002-filed under confidential treatment pursuant to Rule 104(b)
EXHIBITS
Exhibit J Certificate of SCANA Corporation
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
SCANA Corporation has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on the 24th day of May 2002.
SCANA Corporation
Registrant
By: s/James E. Swan, IV
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James E. Swan, IV
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(Name)
Controller
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(Title)
May 24, 2002
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(Date)
Exhibit J
Certificate
Pursuant to the requirements of Rule 58 of the Public Utility Holding
Company Act of 1935, the undersigned certifies that:
A copy of SCANA's quarterly report on Form U-9C-3 for the quarterly
period ended December 31, 2001, was filed with the state commissions having
jurisdiction over the retail rates of SCANA Corporation's public utility
subsidiary companies. The names and addresses of these state commissions are as
follows:
South Carolina Public Service Commission
P. O. Box 11649
Columbia, SC 29211
North Carolina Utilities Commission
4325 Mail Service Center
Raleigh, NC 27699-4325
May 24, 2002 By: s/James E. Swan, IV
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James E. Swan, IV
Controller
(principal accounting officer)