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 June 30, 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
*Solo Energy Corporation Energy January 6, 1997 Delaware (c) services. 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
Cogen South LLC Energy June 1, 1996 Delaware 50% Operates boilers and
turbines at a cogeneration
facility
*Inactive
(a) The registered 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 Collateral Consideration
Amount of or Cost of Whom Security Given with for Each
Company Issuing Security Type of Security Issued Security Renewal Capital was Issued Security Security
------------------------ ----------------------- -------- ------- ------- ------ -------- --------
Company Contributing Capital Company Receiving Capital Amount of Capital Contribution
---------------------------- ------------------------- ------------------------------
South Carolina Electric & Gas Company SC Coaltech No. l LP $1,720,000
South Carolina Electric & Gas Company Coaltech No. l LP $491,526
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 $20,829,036 - - $20,829,036
& Gas Company
Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $9,943,278 - - $9,943,278
& Gas Company
PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies
Direct Indirect Cost Total
Associate Company Reporting Company Type of Costs Costs of Amount
Rendering Services Receiving Services Services Rendered Charged Charged Capital Billed
------------------ ------------------ -------- ------- ------- ------- ------
South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $21,352,178 - - $21,352,178
South Carolina Electric & Gas Company SC Coaltech No.1 LP Fuel Handling $551,554 - - $551,554
South Carolina Electric & Gas Company Coaltech No. 1 LP Coal Sales $10,203,771 - - $10,203,771
South Carolina Pipeline Corporation SCG Pipeline, Inc. Preliminary Survey
and Investigation $3,464,562 - - $3,355,748 (1)
(1) Costs of $108,814 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 June 30, 2002 $5,918,604 (A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 887,791 Line 2
Greater of $50 million or line 2 $887,791 Line 3
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) 2,473
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 $2,474 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) $885,317 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 -
---------
(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 $2,888 $2,490 Other comprehensive income (loss)
from derivatives.
Energy-related business category 3
Clean Energy Enterprises, Inc. $7,071 $7,071
Energy-related business category 4
ServiceCare, Inc. ($4,724) ($5,345) Dividend of subsidiary offset by
income tax benefit allocation.
Energy-related business category 5 Other comprehensive income (loss)
SCANA Energy Marketing, Inc. ($44,253) ($41,723) from derivatives offset by
dividend of subsidiary and
income tax benefit allocation.
Energy-related business category 6
Cogen South LLC $11,610 *
Energy-related business category 7
Primesouth, Inc. ($4,522) ($4,448) Income tax benefit allocation.
*Omitted from last U-9C-3 report due to specific authorization by the
Securities and Exchange Commission in Public Utility Holding Company Act Release
No. 27133 (February 9, 2000) for SCANA Corporation to retain interests in
specific non-utility subsidiaries that are engaged in energy-related types of
business as described in Rule 58 of the Public Utility Holding Company Act of
1935.
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
Exhibit A-1 SC Coaltech No. 1 LP Balance Sheet as of June 30, 2002 - filed
under confidential treatment pursuant to Rule 104(b)
Exhibit A-2 SC Coaltech No. 1 LP Income Statement for the Periods ended
June 30, 2002 - filed under confidential treatment pursuant to
Rule 104(b)
Exhibit B-1 SCANA Resources, Inc. Balance Sheet as of June 30, 2002-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit B-2 SCANA Resources, Inc. Income Statement for the Periods ended
June 30, 2002 -filed under confidential treatment pursuant to
Rule 104(b)
Exhibit C-1 SCANA Energy Marketing, Inc. Balance Sheet as of June 30, 2002-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit C-2 SCANA Energy Marketing, Inc. Income Statement for the Periods
ended June 30, 2002-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit D-1 ServiceCare, Inc. Balance Sheet as of June 30, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit D-2 ServiceCare, Inc. Income Statement for the Periods ended June
30, 2002-filed under confidential treatment pursuant to Rule
104(b)
Exhibit E-1 Primesouth, Inc. Balance Sheet as of June 30, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit E-2 Primesouth, Inc. Income Statement for the Periods ended June
30, 2002-filed under confidential treatment pursuant to Rule
104(b)
Exhibit F-1 Clean Energy Enterprises, Inc. Balance Sheet as of June 30,
2002-filed under confidential treatment pursuant to Rule 104(b)
Exhibit F-2 Clean Energy Enterprises, Inc. Income Statement for the Periods
ended June 30, 2002-filed under confidential treatment pursuant
to Rule 104(b)
Exhibit G-1 PSNC Blue Ridge Corporation Balance Sheet as of June 30, 2002-
filed under Confidential treatment pursuant to Rule 104(b)
Exhibit G-2 PSNC Blue Ridge Corporation Income Statement for the
Periods ended June 30, 2002-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit H-1 SCG Pipeline, Inc. Balance Sheet as of June 30, 2002-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit H-2 SCG Pipeline, Inc. Income Statement for the Periods ended
June 30, 2002-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit I-1 Coaltech No. 1 LP Balance Sheet as of June 30, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit I-2 Coaltech No. 1 LP Income Statement for the Periods ended June
30, 2002-filed under confidential treatment pursuant to Rule
104(b)
Exhibit J-1 Cogen South LLC Balance Sheet as of June 30, 2002-filed under
confidential treatment pursuant to Rule 104(b)
Exhibit J-2 Cogen South LLC Income Statement for the Periods ended June
30, 2002-filed under confidential treatment pursuant to Rule
104(b)
EXHIBITS
Exhibit K 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 28th day of August 2002.
SCANA Corporation
Registered holding company
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)
August 28, 2002
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(Date)
Exhibit K
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 March 31, 2002, 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
August 28, 2002 By: s/James E. Swan, IV
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James E. Swan, IV
Controller
(principal accounting officer)