UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the Quarter Ended September 30, 2001
AGL Resources Inc.
(Name of registered holding company)
817 West Peachtree Street, NW
Atlanta, Georgia 30308
(Address of principal executive offices)
Inquiries concerning this Form U-9C-3 may be directed to:
Richard T. O'Brien
Executive Vice President and Chief Financial Officer
AGL Resources Inc.
817 West Peachtree Street, NW
Atlanta, Georgia 30308
Table of Contents
Page |
||
Item 1. |
Organization Chart |
3 |
Item 2. |
Issuance and Renewals of Securities and Capital Contributions |
3 |
Item 3. |
Associate Transactions |
4 |
Item 4. |
Summary of Aggregate Investment |
5 |
Item 5. |
Other Investments |
5 |
Item 6. |
Financial Statements and Exhibits |
5 |
SIGNATURE |
6 |
ITEM 1 - ORGANIZATION CHART
Energy or Gas Related Company |
Date of Organization |
State of Incorporation |
% of Voting Securities Held |
Nature of Business |
|
AGL Resources Inc. |
|||||
Sequent Energy Management, LP |
Energy related |
June 29, 2001 |
Georgia |
100% |
(a) |
Georgia Natural Gas Company |
Gas related |
June 10, 1996 |
Georgia |
100% |
(b) |
AGL Peaking Services, Inc. |
Energy related |
November 21, 1997 |
Georgia |
100% |
(c) |
AGL Investments, Inc. |
|||||
AGL Consumer Services, Inc. |
Energy related |
June 5, 1996 |
Georgia |
100% |
(d) |
AGL Energy Wise Services, Inc. * |
Energy related |
March 13, 1997 |
Georgia |
100% |
(e) |
* This company was inactive during the reporting period ended September 30, 2001.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
None
ITEM 3 - ASSOCIATE TRANSACTIONS
Part I - Transactions Performed by Reporting Companies on Behalf of Associate Companies (in thousands)
Reporting Company Rendering Services |
Associate Company Receiving Service (f) |
Types of Services Rendered |
Direct Costs Charged |
Indirect Costs Charged |
Cost of Capital |
Total Amount Billed |
Sequent |
Atlanta Gas Light Company |
Gas supply management services |
$ 158 |
-- |
-- |
$ 158 |
Sequent |
Chattanooga Gas Company |
Gas supply management services |
$ 105 |
-- |
-- |
$ 105 |
Sequent |
Virginia Natural Gas, Inc. |
Gas supply management services |
$ 81 |
-- |
-- |
$ 81 |
Part II - Transactions Performed by Associate Companies on Behalf of Reporting Companies (in thousands)
Associate Company Rendering Services |
Reporting Company Receiving Service |
Types of Services Rendered |
Direct Costs Charged |
Indirect Costs Charged |
Cost of Capital |
Total Amount Billed |
AGSC |
Sequent |
Support (g) |
$ 1,767 |
$ (605) |
$ 6 |
$ 1,168 |
AGSC |
GNG |
Support (h) |
$ 109 |
$ 31 |
$ 6 |
$ 146 |
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies (in thousands): |
|||||
Total consolidated capitalization of AGL Resources as of September 30, 2001 |
$2,084,681.9 |
Line 1 |
|||
Total capitalization multiplied by 15% (Line 1 multiplied by 0.15) |
312,702.3 |
Line 2 |
|||
Greater of $50 million or line 2 |
312,702.3 |
Line 3 |
|||
Total current aggregate investment |
|||||
(categorized by major line of energy-related business) |
|||||
Sequent |
2,014.8 |
||||
Energy Wise |
80.4 |
||||
ACS |
(63.5) |
||||
AGL Peaking |
2,056.3 |
||||
Total current aggregate investment |
4,088.0 |
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) |
308,624.3 |
||||
Investments in gas-related companies (in thousands): |
|||||
Total current aggregate investment |
|||||
(categorized by major line of gas-related business) |
|||||
GNG |
2,276.6 |
||||
Total current aggregate investment |
2,276.6 |
Line 5 |
|||
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 5) |
310,427.7 |
ITEM 5 - OTHER INVESTMENTS
Major Line of Energy-Related Business |
Other Investment in Last U-9C-3 Report |
Other Investment in this U-9C-3 Report |
Reason for Difference in Other Investment |
None
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
Exhibit I - |
Balance Sheets of Sequent, GNG, Energy Wise, ACS and AGL Peaking as of September 30, 2001. (Filed under confidential treatment pursuant to Rule 104(b)) |
Exhibit II - |
Income Statement for the Three Months Ended September 30, 2001 Sequent, GNG, Energy Wise, ACS and AGL Peaking. (Filed under confidential treatment pursuant to Rule 104(b)) |
Exhibit III - |
The certificate as to filing with interested state commissions is attached hereto as Exhibit III. |
SIGNATURE
The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935.
AGL RESOURCES INC. |
|
By: /s/ Richard T. O'Brien |
|
Richard T. O'Brien |
|
Executive Vice President and |
|
Chief Financial Officer |
January 8, 2002