UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
----------------------------------
In the Matter of:
CENTERPOINT ENERGY, INC. CERTIFICATE OF
1111 Louisiana NOTIFICATION
Houston, Texas 77002
(70-9895)
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
----------------------------------
THIS IS TO CERTIFY that, in accordance with the terms and conditions of the
application-declaration, as amended, of CenterPoint Energy, Inc. in the
above-captioned file and the order of the Securities and Exchange Commission
with respect thereto (HCAR No. 27692 (June 30, 2003)) (the "Order"), CenterPoint
Energy, Inc. (the "Company" or "CenterPoint") is reporting the following
information for itself and its subsidiaries for the quarterly period ended June
30, 2003. Unless defined herein, capitalized terms have the meaning given them
in the Application.
1. The sales of any common stock or preferred securities by the Company or
a Financing Subsidiary and the purchase price per share and the market
price per share at the date of the agreement of sale.
None.
1
2. The total number of shares of the Company's common stock issued or
issuable pursuant to options granted during the quarter under employee
benefit plans and dividend reinvestment plans, including any employee
benefit plans or dividend reinvestment plans hereafter adopted.
266,110 shares were issued under the Investor's Choice Plan.
4,900 stock options were granted to Company employees at a strike price
of $7.56 under the Company's Long Term Incentive Plan and 31,446 stock
options were granted at a strike price of $8.085. None of the options
granted is currently exercisable.
A total of 2,400 shares of common stock were granted at a grant price
of $7.56 to participants under the Company's Long-Term Incentive Plan
as time-based restricted shares which vest March, 2006, and 12,913
time-based restricted shares, which vest in May 2006, were granted at a
grant price of $8.085. A total of 18,000 shares of time-based
restricted stock, one-third of which will vest annually, were granted
at a grant price of $9.665. Also, a total of 22,970 shares of common
stock were granted to participants under the Long-Term Incentive Plan
as performance-based restricted shares for the 2003-2005 performance
cycle.
3. If the Company's 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 in the hands
of the acquirer.
None.
4. If a guarantee is issued during the quarter, the name of the guarantor,
the name of the beneficiary of the guarantee and the amount, terms and
purpose of the guarantee.
See Exhibit A hereto.
5. The amount and terms of any long-term debt issued by the Company during
the quarter, and the aggregate amount of short-term debt outstanding as
of the end of the quarter, as well as the weighted average interest
rate for such short-term debt as of such date.
2
On April 9, 2003, the Company remarketed $175 million aggregate
principal amount of pollution control bonds that it had owned since the
fourth quarter of 2002. Remarketed bonds maturing in 2029 have a
principal amount of $75 million and an interest rate of 8%. Remarketed
bonds maturing in 2018 have a principal amount of $100 million and an
interest rate of 7.75%. Proceeds from the remarketing were used to
repay bank debt.
On May 19, 2003, the Company issued $575 million aggregate principal
amount of convertible senior notes due May 15, 2023 with an interest
rate of 3.75%. Holders may convert each of their notes into shares of
CenterPoint common stock, initially at a conversion rate of 86.3558
shares of common stock per $1,000 principal amount of notes at any time
prior to maturity, under the following circumstances: (1) if the last
reported sale price of CenterPoint common stock for at least 20 trading
days during the period of 30 consecutive trading days ending on the
last trading day of the previous calendar quarter is greater than or
equal to 120% or, following May 15, 2008, 110% of the conversion price
per share of CenterPoint common stock on such last trading day, (2) if
the notes have been called for redemption, (3) during any period in
which the credit ratings assigned to the notes by both Moody's
Investors Service, Inc. and Standard & Poor's Ratings Services, a
division of The McGraw-Hill Companies, are lower than Ba2 and BB,
respectively, or the notes are no longer rated by at least one of these
ratings services or their successors, or (4) upon the occurrence of
specified corporate transactions, including the distribution to all
holders of CenterPoint common stock of certain rights entitling them to
purchase shares of CenterPoint common stock at less than the last
reported sale price of a share of CenterPoint common stock on the
trading day prior to the declaration date of the distribution or the
distribution to all holders of CenterPoint common stock of the
Company's assets, debt securities or certain rights to purchase the
Company's securities, which distribution has a per share value
exceeding 15% of the last reported sale price of a share of CenterPoint
common stock on the trading day immediately preceding the declaration
date for such distribution. The convertible senior notes also have a
contingent interest feature requiring contingent interest to be paid to
holders of notes commencing on or after May 15, 2008, in the event that
the average trading price of a note for the applicable five trading day
period equals or exceeds 120% of the principal amount of the note as of
the day immediately preceding the first day of the applicable six-month
interest period. Contingent interest will be equal to 0.25% of the
average trading price of the note for the applicable five trading day
period. Proceeds from the issuance of the convertible senior notes were
used for the Term Loan Reduction and to repay revolver borrowings under
the Company's bank facility in the amount of $557 million (term loan
reduction) and $0.75 million (revolver reduction).
On May 27, 2003, the Company issued $400 million aggregate principal
amount of senior notes composed of $200 million principal amount of
5-year notes with an
3
interest rate of 5.875% and $200 million principal amount of 12-year
notes with an interest rate of 6.85%. Proceeds in the amount of $397
million were used to reduce the term loan component of the Company's
bank facility.
On May 28, 2003, the Company granted the banks a security interest in
its 81% stock ownership of Texas Genco. Granting the security interest
in the stock of Texas Genco eliminated a 25 basis point increase in the
borrowing costs under the bank facility that would have been effective
after May 28, 2003. The security interest is to be released at the time
of the sale of Texas Genco.
In July 2003, the Company remarketed two series of insurance-backed
pollution control bonds aggregating $150.9 million, reducing the
interest rate from 5.8% to 4%. Of the total amount of bonds remarketed,
$92.0 million mature on August 1, 2015 and $58.9 million mature on
October 15, 2015.
None of the Company's debt is classified as short-term debt.
6. The amount and terms of any long-term debt issued by any Utility
Subsidiary during the quarter, and the aggregate amount of short-term
debt outstanding as of the end of the quarter, as well as the weighted
average interest rate for such short-term debt as of such date.
On April 14, 2003, CenterPoint Energy Resources Corp. ("GasCo") issued
$112 million aggregate principal amount of 7.875% senior unsecured
notes due in 2013. A portion of the proceeds were used to refinance
$360 million aggregate principal amount of GasCo's 6 3/8% Term Enhanced
ReMarketable Securities ("TERMS") and to pay costs associated with the
refinancing.
On May 23, 2003, CenterPoint Energy Houston Electric, LLC (the "T&D
Utility") issued $200 million aggregate principal amount of 20-year
general mortgage bonds with an interest rate of 5.6%. Proceeds were
used to redeem, on July 1, 2003, $200 million aggregate principal
amount of the T&D Utility's 7.5% first mortgage bonds due 2023 at
103.51% of their principal amount. Funds for the redemption were
deposited in trust on May 23, 2003, and the first mortgage bonds were
legally extinguished.
As of June 30, 2003, GasCo had a revolving credit facility that
provided for an aggregate of $200 million in committed credit. As of
June 30, 2003, this revolving credit facility was not utilized. This
revolving credit facility terminates on March 23, 2004.
4
Rates for borrowings under this facility, including the facility fee,
are LIBOR plus 250 basis points based on current credit ratings and the
applicable pricing grid. The revolving credit facility contains various
business and financial covenants.
For the aggregate amount of short-term debt outstanding as of the end
of the quarter for the Utility Subsidiaries, as well as the weighted
average interest rate for such short-term debt as of such date, see
Exhibit E hereto.
7. The amount and terms of any financings consummated by any Non-Utility
Subsidiary that are not exempt under Rule 52 under the Public Utility
Holding Company Act, as amended.
None.
8. The notional amount and principal terms of any Hedge Instruments or
Anticipatory Hedges entered into during the quarter and the identity of
the other parties thereto.
None.
9. The name, parent company and amount of equity in any intermediate
subsidiary during the quarter and the amount and terms of any
securities issued by such subsidiaries during the quarter.
The name, parent company and amount of equity in any intermediate
subsidiaries has been previously disclosed. There were no securities
issued by such subsidiaries during the quarter.
10. The information required by a Certificate of Notification on Form
U-6B-2.
Not applicable.
11. The amount and terms of any other securities issued under the authority
sought herein during the quarter.
None.
5
12. Consolidated balance sheets for the Company and/or a Utility Subsidiary
as of the end of the quarter and separate balance sheets as of the end
of the quarter for each company that has engaged in jurisdictional
financing transactions during the quarter.
See Exhibit B hereto. See also the Quarterly Report on Form 10-Q filed
by the Company on August 13, 2003 (File No. 1-31447), the Quarterly
Report on Form 10-Q filed by CenterPoint Energy Resources Corp. on
August 13, 2003 (File No. 1-13265), the Quarterly Report on Form 10-Q
filed by CenterPoint Energy Houston Electric, LLC on August 14, 2003
(File No. 1-3187), and the Quarterly Report on Form 10-Q filed by Texas
Genco Holdings, Inc. on August 13, 2003 (File No. 1-31449), all of
which are incorporated herein by reference.
13. A table showing, as of the end of the quarter, the dollar and
percentage components of the capital structure of the Company on a
consolidated basis and of each Utility Subsidiary.
See Exhibit C hereto.
14. A retained earnings analysis of the Company on a consolidated basis and
of each Utility Subsidiary detailing gross earnings, dividends paid out
of each capital account and the resulting capital account balances at
the end of the quarter.
See Exhibit D hereto.
15. A table showing, as of the end of the quarter, the Money Pool
participants and amount of outstanding borrowings for each.
See Exhibit E hereto.
16. As to each financing subsidiary, (a) the name of the subsidiary; (b)
the value of the Company's investment account in such subsidiary; (c)
the balance sheet account where the investment and the cost of the
investment are booked; (d) the amount invested in the subsidiary by the
Company; (e) the type of corporate entity; (f) the percentage owned by
the Company; (g) the identification of other owners if not 100% owned
by the Company; (h) the purpose of the investment in the subsidiary;
and (i) the amounts and types of securities to be issued by the
subsidiary.
6
See Exhibit F hereto. The Company and its subsidiaries may organize and
acquire, directly or indirectly, the common stock or other equity
interests of one or more financing subsidiaries for the purpose of
effecting various financing transactions from time to time through the
Authorization Period. Financing Subsidiaries may be corporations,
trusts, partnerships or other entities created specifically for the
purposes described in the Order. The amount of securities issued by the
Financing Subsidiaries to third parties will count toward the
respective financing limits of its immediate parent. Applicants
anticipate that the Financing Subsidiaries will be wholly-owned
indirect subsidiaries of CenterPoint and fully consolidated for
purposes of financial reporting. Such financing subsidiaries shall be
organized only if, in management's opinion, the creation and
utilization of such financing subsidiary will likely result in tax
savings, increased access to capital markets and/or lower cost of
capital for the Company or its subsidiaries.
17. A confidential exhibit updating CenterPoint's financial projections and
assumptions through 2006.
See Exhibit G hereto.
18. With respect to any internal reorganization of any Subsidiaries during
the quarter, a description of the nature of such reorganization.
None.
19. A report of service transactions among the Company (or any other system
service provider) and the Utility Subsidiaries containing the following
information: (a) a narrative description of the services rendered;
(b) disclosure of the dollar amount of services rendered in (a) above
according to category or department; (c) identification of companies
rendering services described in (a) above and recipient companies,
including disclosure of the allocation of services costs; and
(d) disclosure of the number of the CenterPoint system employees
engaged in rendering services to other CenterPoint system companies on
an annual basis, stated as an absolute and as a percentage of total
employees.
See Exhibit H hereto. Until the formation of a service company,
CenterPoint Energy provides common and shared services for its
subsidiaries through its approximately 1,100 employees (approximately
10% of total employees). Under its cost allocation methodology, which
previously has been submitted to regulators in the various states in
which CenterPoint utility subsidiaries operate, costs incurred directly
for an operating unit are directly charged to that unit at cost. Costs
that cannot be directly charged are allocated to the business units
using appropriate allocators.
7
All transactions described herein have been carried out in accordance
with the terms and conditions of and for the purposes represented in the
Application.
CENTERPOINT ENERGY, INC.
By: /s/ Rufus S. Scott
-----------------------------------
Rufus S. Scott
Vice President, Deputy General Counsel
and Assistant Corporate Secretary
Dated: August 29, 2003
8
Exhibits
Exhibit Description
- ------- -----------
Exhibit A CenterPoint Energy, Inc., CenterPoint Energy Resources
Corp. and Texas Genco Holdings, Inc. Guaranties Issued or
Amended During Second Quarter 2003 (filed in connection
herewith with a request for confidential treatment)
Exhibit B Consolidated Balance Sheets for CenterPoint Energy, Inc.
and Subsidiaries, CenterPoint Energy Houston Electric, LLC
and Subsidiaries, CenterPoint Energy Resources Corp. and
Subsidiaries and Texas Genco Holdings, Inc. (as of June 30,
2003) (unaudited)
Exhibit C Capital Structure Chart of CenterPoint Energy, Inc.,
CenterPoint Energy Houston Electric, LLC, CenterPoint
Energy Resources Corp. and Texas Genco Holdings, Inc. as of
June 30, 2003
Exhibit D Retained Earnings Analysis of CenterPoint Energy, Inc.,
CenterPoint Energy Resources Corp., CenterPoint Energy
Houston Electric, LLC and Texas Genco Holdings, Inc.
Exhibit E Money Pool Participants and Outstanding Borrowings as of
June 30, 2003
Exhibit F CenterPoint Energy, Inc. Investments in Financing
Subsidiaries as of June 30, 2003
Exhibit G CenterPoint Consolidated Financials (forecasts through
2007) (filed in connection herewith with a request for
confidential treatment)
Exhibit H Information on Service Transactions between CenterPoint
Energy, Inc. and Utility Subsidiaries (Corporate Services,
Support Services and Information Technology Services)
9
EXHIBIT B
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(THOUSANDS OF DOLLARS)
(UNAUDITED)
ASSETS
DECEMBER 31, JUNE 30,
2002 2003
------------ ------------
CURRENT ASSETS:
Cash and cash equivalents ........................ $ 304,281 $ 50,164
Investment in AOL Time Warner common stock ....... 283,486 348,190
Accounts receivable, net ......................... 558,328 659,134
Accrued unbilled revenues ........................ 354,497 220,311
Fuel stock and petroleum products ................ 166,742 185,207
Materials and supplies ........................... 185,074 182,151
Non-trading derivative assets .................... 27,275 21,953
Taxes receivable ................................. 72,027 102,968
Current assets of discontinued operations ........ 12,505 5,113
Prepaid expenses and other current assets ........ 71,138 55,970
------------ ------------
Total current assets .......................... 2,035,353 1,831,161
------------ ------------
PROPERTY, PLANT AND EQUIPMENT:
Property, plant and equipment .................... 19,852,729 19,757,347
Less accumulated depreciation and amortization ... (8,487,612) (8,617,144)
------------ ------------
Property, plant and equipment, net ............ 11,365,117 11,140,203
------------ ------------
OTHER ASSETS:
Goodwill, net .................................... 1,740,510 1,740,510
Other intangibles, net ........................... 65,880 65,943
Regulatory assets ................................ 4,000,646 4,537,864
Non-trading derivative assets .................... 3,866 14,352
Non-current assets of discontinued operations .... 50,272 22,103
Other ............................................ 444,860 537,339
------------ ------------
Total other assets ............................ 6,306,034 6,918,111
------------ ------------
TOTAL ASSETS ................................ $ 19,706,504 $ 19,889,475
============ ============
1
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS - (CONTINUED)
(THOUSANDS OF DOLLARS)
(UNAUDITED)
LIABILITIES AND SHAREHOLDERS' EQUITY
DECEMBER 31, JUNE 30,
2002 2003
------------ ------------
CURRENT LIABILITIES:
Short-term borrowings ............................................................. $ 347,000 $ --
Current portion of long-term debt ................................................. 810,325 295,541
Indexed debt securities derivative ................................................ 224,881 280,430
Accounts payable .................................................................. 621,528 558,730
Taxes accrued ..................................................................... 192,570 126,395
Interest accrued .................................................................. 197,274 171,690
Non-trading derivative liabilities ................................................ 26,387 12,697
Regulatory liabilities ............................................................ 168,173 176,554
Accumulated deferred income taxes, net ............................................ 285,214 290,940
Deferred revenues ................................................................. 48,940 95,638
Current liabilities of discontinued operations .................................... 2,856 --
Other ............................................................................. 286,005 235,449
------------ ------------
Total current liabilities ...................................................... 3,211,153 2,244,064
------------ ------------
OTHER LIABILITIES:
Accumulated deferred income taxes, net ............................................ 2,445,133 2,664,677
Unamortized investment tax credits ................................................ 230,037 221,352
Non-trading derivative liabilities ................................................ 873 2,873
Benefit obligations ............................................................... 832,152 873,880
Regulatory liabilities ............................................................ 959,421 730,246
Non-current liabilities of discontinued operations ................................ 6,912 --
Other ............................................................................. 698,121 739,697
------------ ------------
Total other liabilities ........................................................ 5,172,649 5,232,725
------------ ------------
LONG-TERM DEBT ....................................................................... 9,194,320 10,085,949
------------ ------------
COMMITMENTS AND CONTINGENCIES
MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES ...................................... 292 169,622
------------ ------------
COMPANY OBLIGATED MANDATORILY REDEEMABLE PREFERRED SECURITIES OF SUBSIDIARY TRUSTS
HOLDING SOLELY JUNIOR SUBORDINATED DEBENTURES OF THE COMPANY ...................... 706,140 706,361
------------ ------------
SHAREHOLDERS' EQUITY:
Common stock (300,101,587 shares and 304,643,167 shares outstanding
at December 31, 2002 and June 30, 2003, respectively) .......................... 3,050 3,057
Additional paid-in capital ........................................................ 3,046,043 2,869,943
Unearned ESOP stock ............................................................... (78,049) (17,012)
Retained deficit .................................................................. (1,062,083) (929,129)
Accumulated other comprehensive loss .............................................. (487,011) (476,105)
------------ ------------
Total shareholders' equity ..................................................... 1,421,950 1,450,754
------------ ------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY ................................... $ 19,706,504 $ 19,889,475
============ ============
2
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(A WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
CONSOLIDATED BALANCE SHEETS
(THOUSANDS OF DOLLARS)
(UNAUDITED)
ASSETS
DECEMBER 31, JUNE 30,
2002 2003
------------ -----------
CURRENT ASSETS:
Cash and cash equivalents ......................... $ 70,866 $ 27,588
Accounts and notes receivable, net ................ 99,304 126,624
Accrued unbilled revenues ......................... 70,385 85,046
Materials and supplies ............................ 59,941 57,222
Taxes receivable .................................. 40,997 73,730
Other ............................................. 11,838 7,692
----------- -----------
Total current assets ........................... 353,331 377,902
----------- -----------
PROPERTY, PLANT AND EQUIPMENT:
Property, plant and equipment ..................... 5,959,843 6,016,187
Less accumulated depreciation and amortization .... (2,122,611) (2,194,737)
----------- -----------
Property, plant and equipment, net ............. 3,837,232 3,821,450
----------- -----------
OTHER ASSETS:
Other intangibles, net ............................... 39,912 39,590
Regulatory assets .................................... 3,970,007 4,507,973
Notes receivable -- affiliated companies ............. 814,513 814,513
Other ................................................ 66,049 91,648
----------- -----------
Total other assets ............................. 4,890,481 5,453,724
----------- -----------
TOTAL ASSETS ................................. $ 9,081,044 $ 9,653,076
=========== ===========
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(A WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
CONSOLIDATED BALANCE SHEETS - (CONTINUED)
(THOUSANDS OF DOLLARS)
(UNAUDITED)
LIABILITIES AND MEMBER'S EQUITY
DECEMBER 31, JUNE 30,
2002 2003
------------ ----------
CURRENT LIABILITIES:
Current portion of long-term debt ............... $ 18,758 $ 26,398
Accounts payable ................................ 32,362 21,152
Accounts payable -- affiliated companies, net ... 43,662 26,804
Notes payable -- affiliated companies, net ...... 214,976 207,320
Taxes accrued ................................... 85,205 45,209
Interest accrued ................................ 78,355 86,213
Regulatory liabilities .......................... 168,173 176,127
Other ........................................... 57,731 61,503
---------- ----------
Total current liabilities .................... 699,222 650,726
---------- ----------
OTHER LIABILITIES:
Accumulated deferred income taxes, net .......... 1,419,301 1,559,090
Unamortized investment tax credits .............. 53,581 51,236
Benefit obligations ............................. 61,671 61,710
Regulatory liabilities .......................... 940,615 706,588
Notes payable -- affiliated companies ........... 916,400 637,400
Accounts payable -- affiliated companies ........ -- 395,516
Other ........................................... 24,987 12,342
---------- ----------
Total other liabilities ...................... 3,416,555 3,423,882
---------- ----------
LONG-TERM DEBT ..................................... 2,641,281 3,074,924
---------- ----------
COMMITMENTS AND CONTINGENCIES
MEMBER'S EQUITY:
Common stock .................................... 1 1
Paid-in capital ................................. 2,205,039 2,205,039
Retained earnings ............................... 118,946 298,504
---------- ----------
Total member's equity ........................ 2,323,986 2,503,544
---------- ----------
TOTAL LIABILITIES AND MEMBER'S EQUITY ...... $9,081,044 $9,653,076
========== ==========
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES
(AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
CONSOLIDATED BALANCE SHEETS
(THOUSANDS OF DOLLARS)
(UNAUDITED)
ASSETS
DECEMBER 31, JUNE 30,
2002 2003
------------ -----------
CURRENT ASSETS:
Cash and cash equivalents ................................................................ $ 9,237 $ 21,245
Accounts and notes receivable, principally customers, (net of allowance for doubtful
accounts of $19,568 and $24,587, respectively) ........................................ 380,317 352,052
Accrued unbilled revenue ................................................................. 284,112 135,265
Accounts and notes receivable - affiliated companies, net ................................ -- 45,001
Materials and supplies ................................................................... 32,264 33,555
Natural gas inventory .................................................................... 103,443 106,341
Non-trading derivative assets ............................................................ 27,275 21,953
Taxes receivable ......................................................................... 61,512 17,405
Prepaid expenses ......................................................................... 20,767 4,471
Other .................................................................................... 29,998 25,911
----------- -----------
Total current assets ................................................................... 948,925 763,199
----------- -----------
PROPERTY, PLANT AND EQUIPMENT:
Property, plant and equipment ............................................................ 3,885,820 3,964,268
Less accumulated depreciation ............................................................ (650,148) (705,122)
----------- -----------
Property, plant and equipment, net ..................................................... 3,235,672 3,259,146
----------- -----------
OTHER ASSETS:
Goodwill ................................................................................. 1,740,510 1,740,510
Other intangibles, net ................................................................... 19,878 20,253
Non-trading derivative assets ............................................................ 3,866 14,352
Notes receivable - affiliated companies, net ............................................. 39,097 37,421
Other .................................................................................... 55,571 126,971
----------- -----------
Total other assets ..................................................................... 1,858,922 1,939,507
----------- -----------
TOTAL ASSETS ................................................................................ $ 6,043,519 $ 5,961,852
=========== ===========
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES
(AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
CONSOLIDATED BALANCE SHEETS -- (CONTINUED)
(THOUSANDS OF DOLLARS)
(UNAUDITED)
LIABILITIES AND STOCKHOLDER'S EQUITY
DECEMBER 31, JUNE 30,
2002 2003
------------ ----------
CURRENT LIABILITIES:
Short-term borrowings ................................................................... $ 347,000 $ --
Current portion of long-term debt ....................................................... 517,616 142,145
Accounts payable, principally trade ..................................................... 465,694 329,959
Accounts and notes payable - affiliated companies, net .................................. 101,231 --
Interest accrued ........................................................................ 49,084 61,621
Taxes accrued ........................................................................... 57,057 54,058
Customer deposits ....................................................................... 54,081 52,383
Non-trading derivative liabilities ...................................................... 9,973 2,469
Accumulated deferred income taxes, net .................................................. 6,557 7,422
Other ................................................................................... 102,510 67,300
---------- ----------
Total current liabilities ........................................................... 1,710,803 717,357
---------- ----------
OTHER LIABILITIES:
Accumulated deferred income taxes, net .................................................. 589,332 599,940
Benefit obligations ..................................................................... 132,434 130,737
Non-trading derivative liabilities ...................................................... 873 2,873
Other ................................................................................... 125,876 151,129
---------- ----------
Total other liabilities ............................................................. 848,515 884,679
---------- ----------
LONG-TERM DEBT ............................................................................. 1,441,264 2,206,922
---------- ----------
COMMITMENTS AND CONTINGENCIES
COMPANY OBLIGATED MANDATORILY REDEEMABLE CONVERTIBLE PREFERRED SECURITIES OF SUBSIDIARY
TRUST HOLDING SOLELY JUNIOR SUBORDINATED DEBENTURES OF THE COMPANY ...................... 508 508
---------- ----------
STOCKHOLDER'S EQUITY:
Common stock ............................................................................ 1 1
Paid-in capital ......................................................................... 1,986,364 1,985,254
Retained earnings ....................................................................... 44,804 147,634
Accumulated other comprehensive income .................................................. 11,260 19,497
---------- ----------
Total stockholder's equity .......................................................... 2,042,429 2,152,386
---------- ----------
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY .............................................. $6,043,519 $5,961,852
========== ==========
TEXAS GENCO HOLDINGS, INC.
CONSOLIDATED BALANCE SHEETS
(THOUSANDS OF DOLLARS)
(UNAUDITED)
DECEMBER 31, JUNE 30,
2002 2003
------------ -----------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents ............................................................. $ 578 $ 154
Customer accounts receivable .......................................................... 68,604 171,900
Accounts receivable, other ............................................................ 4,544 7,169
Materials and supplies ................................................................ 92,869 91,374
Fuel stock and petroleum products ..................................................... 63,298 78,866
Prepaid expenses and other current assets ............................................. 4,024 9,509
----------- -----------
Total current assets ............................................................. 233,917 358,972
----------- -----------
PROPERTY, PLANT AND EQUIPMENT, NET ...................................................... 3,980,770 4,146,855
----------- -----------
OTHER ASSETS:
Nuclear decommissioning trust ......................................................... 162,576 173,845
Other ................................................................................. 11,584 14,476
----------- -----------
Total other assets ............................................................... 174,160 188,321
----------- -----------
TOTAL ASSETS .................................................................. $ 4,388,847 $ 4,694,148
=========== ===========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable - affiliated companies, net .......................................... $ 22,652 $ 11,276
Accounts payable, fuel ................................................................ 76,399 142,355
Accounts payable, other ............................................................... 43,877 57,783
Notes payable - affiliated companies, net ............................................. 86,186 128,643
Taxes and interest accrued ............................................................ 38,591 41,854
Deferred capacity auction revenue ..................................................... 48,721 89,008
Other ................................................................................. 15,918 11,353
----------- -----------
Total current liabilities ........................................................ 332,344 482,272
----------- -----------
OTHER LIABILITIES:
Accumulated deferred income taxes, net ................................................ 813,246 856,384
Unamortized investment tax credit ..................................................... 170,569 164,496
Nuclear decommissioning reserve ....................................................... 139,664 191,242
Benefit obligations ................................................................... 15,751 17,086
Accrued reclamation costs ............................................................. 39,765 3,991
Notes payable - affiliated companies, net ............................................. 18,995 19,006
Other ................................................................................. 34,470 54,306
----------- -----------
Total other liabilities .......................................................... 1,232,460 1,306,511
----------- -----------
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Common stock (80,000,000 shares outstanding at December 31, 2002 and June 30, 2003,
respectively) ....................................................................... 1 1
Additional paid-in capital ............................................................ 2,878,502 2,878,502
Retained earnings (deficit) ........................................................... (54,460) 26,862
----------- -----------
Total Shareholders' Equity ....................................................... 2,824,043 2,905,365
----------- -----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY .................................... $ 4,388,847 $ 4,694,148
=========== ===========
.
.
.
EXHIBIT C
CAPITAL STRUCTURE BY ENTITY
AS OF JUNE 30, 2003
(IN THOUSANDS)
CENTERPOINT CENTERPOINT
ENERGY ENERGY TEXAS GENCO
CENTERPOINT HOUSTON RESOURCES HOLDINGS,
ENERGY, INC. ELECTRIC, LLC CORP. INC.
------------ ------------- ------------ -----------
CURRENT PORTION OF
LONG-TERM DEBT $ 295,541 2.28% $ 26,398 0.41% $ 142,145 3.16% $ -- 0.00%
INDEXED DEBT SECURITIES
DERIVATIVE 280,430 2.16% -- 0.00% -- 0.00% -- 0.00%
DEBT TO AFFILIATE-
CENTERPOINT ENERGY, INC. -- 0.00% 844,720 13.10% -- 0.00% 147,649 4.84%
LONG-TERM DEBT 10,085,949 77.65% 3,074,924 47.68% 2,206,922 49.02% -- 0.00%
TRUST PREFERRED
SECURITIES 706,361 5.44% -- 0.00% 508 0.01% -- 0.00%
MINORITY INTEREST 169,622 1.31% -- 0.00% 0.00% -- 0.00%
COMMON STOCK 3,057 0.02% 1 0.00% 1 0.00% 1 0.00%
ADDITIONAL PAID-IN
CAPITAL 2,869,943 22.10% 2,205,039 34.19% 1,985,254 44.10% 2,878,502 94.28%
RETAINED EARNINGS (929,129) -7.15% 298,504 4.63% 147,634 3.28% 26,862 0.88%
ACCUMULATED OTHER
COMPREHENSIVE INCOME (476,105) -3.67% -- 0.00% 19,497 0.43% -- 0.00%
UNEARNED ESOP STOCK (17,012) -0.13% -- 0.00% -- 0.00% -- 0.00%
------------ ------ ------------ ------ ------------ ------ ------------ ------
TOTAL CAPITALIZATION $ 12,988,657 100.00% $ 6,449,586 100.00% $ 4,501,961 100.00% $ 3,053,014 100.00%
============ ====== ============ ====== ============ ====== ============ ======
.
.
.
EXHIBIT D
OTHER
CHANGES IN
STOCK-
ISSUANCES
OF STOCK
BEGINNING RELATED TO ENDING
CENTERPOINT ENERGY, INC. BALANCE INCOME FROM LOSS FROM NET DEFERRED BENEFIT AND BALANCE
ROLLFORWARD OF MARCH 31, CONTINUING DISCONTINUED GAIN FROM CASH INVESTMENT JUNE 30,
EQUITY (IN THOUSANDS) 2003 OPERATIONS DIVIDENDS OPERATIONS FLOW HEDGES PLANS 2003
- ------------------------ ------------- ----------- --------- ------------ -------------- ----------- ----------
SHAREHOLDERS' EQUITY
Common stock $ 3,054 -- -- -- -- 3 3,057
Additional paid-in capital 2,886,669 -- -- -- -- (16,726) 2,869,943
Unearned ESOP stock (59,885) -- -- -- -- 42,873 (17,012)
Retained earnings (deficit) (927,556) 82,957 (64,796) (19,734) -- -- (929,129)
Net deferred gain from cash
flow hedges (66,832) -- -- -- 10,636 -- (56,196)
Benefits - minimum liability
adjustment (419,909) -- -- -- -- -- (419,909)
----------- ------ ------- ------- ------ ------ ---------
TOTAL SHAREHOLDERS' EQUITY $ 1,415,541 82,957 (64,796) (19,734) 10,636 26,150 1,450,754
=========== ====== ======= ======= ====== ====== =========
BEGINNING
CENTERPOINT ENERGY RESOURCES CORP. BALANCE OTHER
ROLLFORWARD OF EQUITY MARCH 31, COMPREHENSIVE ENDING BALANCE
(IN THOUSANDS) 2003 NET INCOME INCOME OTHER JUNE 30, 2003
- ---------------------------------- ------------- ---------- ------------- ---------- --------------
STOCKHOLDER'S EQUITY
Common stock $ 1 -- -- -- 1
Paid-in Capital 1,986,364 -- -- (1,110) 1,985,254
Retained earnings 132,976 14,658 -- -- 147,634
Accumulated other comprehensive income 10,850 -- 8,647 -- 19,497
---------- ---------- ---------- ---------- ----------
TOTAL STOCKHOLDER'S EQUITY $2,130,191 14,658 8,647 (1,110) 2,152,386
========== ========== ========== ========== ==========
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC BEGINNING BALANCE ENDING BALANCE
ROLLFORWARD OF EQUITY (IN THOUSANDS) MARCH 31, 2003 NET INCOME JUNE 30, 2003
- ---------------------------------------- ----------------- ---------- --------------
MEMBER'S EQUITY
Common Stock $ 1 -- 1
Paid-in Capital 2,205,039 -- 2,205,039
Retained earnings 199,121 99,383 298,504
---------- ---------- ----------
TOTAL MEMBER'S EQUITY $2,404,161 99,383 2,503,544
========== ========== ==========
BEGINNING
BALANCE
TEXAS GENCO HOLDINGS, INC. MARCH 31, ENDING BALANCE
ROLLFORWARD OF EQUITY (IN THOUSANDS) 2003 NET INCOME DIVIDENDS OTHER JUNE 30, 2003
- ------------------------------------ ------------- ---------- ---------- ---------- --------------
SHAREHOLDERS' EQUITY
Common stock $ 1 -- -- -- 1
Additional paid-in capital 2,878,502 -- -- -- 2,878,502
Retained earnings (deficit) 13,568 33,293 (20,000) 1 26,862
---------- ---------- ---------- ---------- ----------
TOTAL SHAREHOLDERS' EQUITY $2,892,071 33,293 (20,000) 1 2,905,365
========== ========== ========== ========== ==========
.
.
.
EXHIBIT E
CENTERPOINT ENERGY - MONEY POOL
JUNE 30, 2003
INVESTING/BORROWING RATE 6.1428%
PRIOR DAY (TO CNP) (FROM CNP) TODAY'S
COMPANY NAME CO. CODE POSITION POSITION
- ----------------------- -------- ------------ ---------- ---------- ------------
CNP 0002 292,467,423 8,079,000 300,546,423
CE FundingCo 0051 4,335,000 4,335,000
CE Houston Electric LLC 0003 (189,324,868) 1,395,000 (190,719,868)
CE International, Inc. 9021 3,672,000 3,672,000
CE Management Services 0093 (69,053,159) 1,000 (69,054,159)
CE Products 0057 246,956 246,956
CE Properties 0056 18,125,663 2,000 18,123,663
CE Resources Corp. 0016 56,097,000 5,396,000 61,493,000
Texas Genco GP LLC 0356 1,000 1,000
Texas Genco LP 0004 (116,715,015) 12,043,000 (128,758,015)
Texas Genco Holdings 0310 148,000 34,000 114,000
HI FinCo GP LLC 0049 -- --
HI FinCo LP 0050 -- --
RE FinCo II GP, LLC 0163 -- --
RE FinCo II LP 0162 -- --
---------- ----------
TOTAL POOL ACTIVITY -- 13,475,000 13,475,000 --
------------ ========== ==========
TOTAL SOURCES 374,945,042 388,532,042
------------ ------------
TOTAL USES (374,945,042) (388,532,042)
------------ ------------
NET -- --
============ ============
PRIOR DAY OUTSTANDING
EXTERNAL INVESTMENTS INVESTMENT INVEST (REDEEM) INVESTMENT
- -------------------- ---------- ------ ----------- -----------
CNP 16,800,000 -- (16,800,000) --
CE Resources Corp. -- -- -- --
CE Houston Electric -- -- -- --
Texas Genco, LP -- -- -- --
---------- ------ ----------- ----------
TOTAL INVESTMENTS 16,800,000 -- (16,800,000) --
========== ====== =========== ==========
PRIOR DAY INCREASE TODAY'S
BANK LOANS OUTSTANDING (REPAY) OUTSTANDING WTD RATE
- ------------ ------------- ------------- ------------- --------
CNP
Term Mat 7/23/03 343,000,000 -- 343,000,000 5.56250%
Term Mat 9/23/03 300,000,000 -- 300,000,000 5.53125%
Term Mat 3/23/04 600,000,000 -- 600,000,000 5.51563%
Term Mat 06/04/04 103,000,000 -- 103,000,000 5.73438%
Revolver Mat 07/03/03 80,000,000 -- 80,000,000 5.25000%
Revolver Mat 07/09/03 90,000,000 -- 90,000,000 5.29688%
Revolver Mat 07/17/03 70,000,000 -- 70,000,000 5.25000%
Revolver Mat 07/25/03 150,000,000 -- 150,000,000 5.04688%
Revolver Mat 07/28/03 50,000,000 -- 50,000,000 5.03125%
Revolver Mat 06/23/04 600,000,000 -- 600,000,000 5.01563%
Revolver ABR -- 5,000,000 5,000,000 7.00000%
------------- ------------- -------------
CNP TOTAL 2,386,000,000 5,000,000 2,391,000,000 5.34693%
============= ============= =============
REMAINING CAPACITY UNDER FACILITY LOANS
BANK FACILITIES SIZE OUTSTANDING LOCS REMAINING
- ------------------------ ------------- ------------- ----------- ------------
CNP Term Loan 1,346,000,000 1,346,000,000 -- 0
CNP Revolver 1,500,000,000 1,045,000,000 19,321,650 435,678,350
CERC Revolver 200,000,000 -- -- 200,000,000
------------- ------------- ----------- ------------
TOTAL 3,046,000,000 2,391,000,000 19,321,650 635,678,350
============= ============= =========== ============
.
.
.
EXHIBIT F
INVESTMENT IN FINANCING SUBS
As of June 2003
---------------
CenterPoint Energy, Inc.
10053 CenterPoint Energy Capital Trust I --
10054 CenterPoint Energy Capital Trust II --
10129 CenterPoint Energy Trust I --
CenterPoint Energy Houston Electric, LLC
10049 Houston Industries FinanceCo GP --
10050 Houston Industries FinanceCo LP --
10158 Reliant Energy FinanceCo III LP --
10162 Reliant Energy FinanceCo II LP --
10163 Reliant Energy FinanceCo II GP, LLC --
10187 Reliant Energy FinanceCo IV LP --
Utility Holding Company
10053 CenterPoint Energy Capital Trust I 7,875,164
10054 CenterPoint Energy Capital Trust II 3,040,066
10129 CenterPoint Energy Trust I 11,648,482
10181 CenterPoint Energy Investment Management, Inc. 690,950,736
.
.
.
EXHIBIT H
SECOND QTR 2003 SERVICES
BILLED FROM CNP CORP
TDU GENCO CERC
--------- ----------------- ------------------------------------------------
CNP TEXAS CNP
HOUSTON TEXAS GENCO CNP CNP CNP GAS PIPELINE
CORPORATE SUM OF ELECTRIC, GENCO HOLDINGS, RESOURCES MISSISSIPPI TRANSMISSION SERVICES,
COSTS AMOUNT LLC LP INC CORP RIV TRANS CO INC
- --------- ---------- --------- ----- --------- --------- ----------- ------------ ---------
SUMMARIZED
CATEGORY 0003 0004 0310 0016 0024 0027 0033
---------- --------- ----- --------- --------- ----------- ------------ ---------
Corp Legal 125020 379.46
Sr Exec Legal 125021 (2,096.49)
Finance IT & SS 125066
Merg Acq & Divest 125092 (285.07)
Revenue Accounting 125093 (4.54)
Benchmarking 125099 (88.86)
Plant Acct. Admin 125104 (53.66)
Property Accounting 125105 (231.88)
Property Accounting 125106
Property Tax 125111 (470.00)
Regulatory Reporting 125112 (0.22)
Financial Accounting 125114 (33.49)
Revenue Accounting 125115 (71.66)
HR - Compensation 125166 (61.90)
HR - Workforce Plann 125175 (508.65)
HR-Learning & Organi/
Training 125181 2,679.46 500.00
HR - Houston Gas Opt 125189 (112.51)
HR-Arkla,Entex,Suppo 125191 (40.66)
Shared Services 125197
Corp Risk Mgmt/Ins 125203 (298.39)
Communications 125206 (16.25)
Advertising&Brand Eq 125207 (4,166.00)
Strategic Planning 125209 (15.89)
Finance & Administra 125218 (112.00)
Branding/Promotions 125225 4,166.00
Audit Services 125400 (307.76)
Comm TDU 157500 826,118.19
Comm Entex 157501
Comm CEGT 157503 146,313.42
Comm Field Srvs 157506
Comm Properties 157507
Comm Arkla 157508
Comm Minnegasco 157509
Comm 77 157510
Comm 79 157511
Comm 81 157512
Comm 80 157513
Comm 84 157514
comm 85 157515
Comm 99 157516
Comm Mgmt Srvs 157517
Comm Genco 157518 547,778.98
Comm Entex Fuels 157519
Sr Exec TDU 157528 647,514.59
Sr Exec Entex 157529
Sr Exec CEGT 157530 121,388.61
Sr Exec Field Srvs 157533
Sr Exec Properties 157534
Sr Exec Arkla 157535
Sr Exec Minnegasco 157536
Sr Exec 77 157537
Sr Exec 79 157538
Sr Exec 81 157539
Sr Exec 80 157540
Sr Exec 84 157541
Sr Exec 85 157542
Sr Exec 99 157543
Sr Exec Mgmt Srvs 157544
Sr Exec Genco 157545 349,664.47
HR Houston Electric 157557 2,019,669.89
HR Entex Common 157558 48,195.67
HR CEGT 157559 63,047.89 289,067.81
HR Field Srvs 157562 14,217.51
HR Properties 157563
HR Arkla 157564 31,608.57
HR Minnegasco 157565 35,205.26
HR 77 157566 7,066.44
HR 79 157567 465.45
HR 81 157568 42.30
HR 80 157569 930.91
HR 84 157570 10,324.61
HR 85 157571 5,500.83
HR 99 157572 1,819.52
HR Mgmt Srvs 157573
HR Genco 157574 911,149.15
Legal Houston Electr 157587 2,211,783.74
Legal Entex Common 157588
Legal CEGT 157589 955,822.61
Legal MRT 157590 67,706.81
Legal CEPS 157591 40,472.07
Legal Field Srvs 157592
Legal Properties 157593
Legal Arkla 157594
Legal Minnegasco 157595
Legal 77 157596
Legal 80 157599
Legal 84 157600
Legal 85 157601
CERC
---------------------------------------------------------------------------------
CNP
FIELD NATIONAL ARK/LA CENTERPOINT CNP INDUSTRIAL
CORPORATE SUM OF SERVICES, FURNACE FINANCE ENERGY MARKETING, GAS LA UNIT GAS
COSTS AMOUNT INC COMPANY CORP ARKLA INC. SUPPLY TRANSMISSION
- --------- ---------- --------- -------- ------- ----------- ---------- ---------- ------------
SUMMARIZED
CATEGORY 0036 0040 0047 0062 0077 0079 0080
---------- --------- -------- ------- ----------- ---------- ---------- ------------
Corp Legal 125020
Sr Exec Legal 125021
Finance IT & SS 125066 (7,368.56)
Merg Acq & Divest 125092
Revenue Accounting 125093
Benchmarking 125099
Plant Acct. Admin 125104
Property Accounting 125105
Property Accounting 125106
Property Tax 125111
Regulatory Reporting 125112
Financial Accounting 125114
Revenue Accounting 125115
HR - Compensation 125166
HR - Workforce Plann 125175
HR-Learning & Organi/
Training 125181
HR - Houston Gas Opt 125189
HR-Arkla,Entex,Suppo 125191
Shared Services 125197 (16,700.01)
Corp Risk Mgmt/Ins 125203
Communications 125206
Advertising&Brand Eq 125207
Strategic Planning 125209
Finance & Administra 125218
Branding/Promotions 125225
Audit Services 125400
Comm TDU 157500
Comm Entex 157501
Comm CEGT 157503
Comm Field Srvs 157506 32,870.89
Comm Properties 157507
Comm Arkla 157508 138,388.01
Comm Minnegasco 157509
Comm 77 157510 16,337.61
Comm 79 157511 1,076.12
Comm 81 157512
Comm 80 157513 2,152.27
Comm 84 157514
comm 85 157515
Comm 99 157516
Comm Mgmt Srvs 157517
Comm Genco 157518
Comm Entex Fuels 157519
Sr Exec TDU 157528
Sr Exec Entex 157529
Sr Exec CEGT 157530
Sr Exec Field Srvs 157533 27,373.54
Sr Exec Properties 157534
Sr Exec Arkla 157535 157,717.13
Sr Exec Minnegasco 157536
Sr Exec 77 157537 35,259.40
Sr Exec 79 157538 2,322.48
Sr Exec 81 157539
Sr Exec 80 157540 4,644.94
Sr Exec 84 157541
Sr Exec 85 157542
Sr Exec 99 157543
Sr Exec Mgmt Srvs 157544
Sr Exec Genco 157545
HR Houston Electric 157557
HR Entex Common 157558
HR CEGT 157559
HR Field Srvs 157562 50,196.04
HR Properties 157563
HR Arkla 157564 613,937.31
HR Minnegasco 157565
HR 77 157566 14,600.43
HR 79 157567 388.96
HR 81 157568
HR 80 157569 777.90
HR 84 157570
HR 85 157571
HR 99 157572
HR Mgmt Srvs 157573
HR Genco 157574
Legal Houston Electr 157587
Legal Entex Common 157588
Legal CEGT 157589
Legal MRT 157590
Legal CEPS 157591
Legal Field Srvs 157592 95,302.21
Legal Properties 157593
Legal Arkla 157594 307,161.27
Legal Minnegasco 157595
Legal 77 157596 48,393.44
Legal 80 157599 3,374.27
Legal 84 157600
Legal 85 157601
CERC
-------------------------------------------------------------------------------------------
CNP
UNIT GAS CENTERPOINT CNP GAS LA TRANS CNP CNP GAS ILLINOIS
CORPORATE SUM OF TRANSMISSION ENERGY RESOURCES DIV ALTERNATIVE MARKETING GAS
COSTS AMOUNT CO ENTEX CORP OF ENTEX FUELS, INC CO TRANS CO
- --------- ---------- ------------ ----------- --------- -------- ----------- --------- --------
SUMMARIZED
CATEGORY 0081 0082 0084 0085 0086 0099 0123
---------- ------------ ----------- --------- -------- ----------- --------- --------
Corp Legal 125020
Sr Exec Legal 125021
Finance IT & SS 125066
Merg Acq & Divest 125092
Revenue Accounting 125093
Benchmarking 125099
Plant Acct. Admin 125104 2,534.26
Property Accounting 125105 7,777.72
Property Accounting 125106 2,734.34
Property Tax 125111
Regulatory Reporting 125112 4,246.00
Financial Accounting 125114
Revenue Accounting 125115
HR - Compensation 125166
HR - Workforce Plann 125175
HR-Learning & Organi/
Training 125181 1,100.00
HR - Houston Gas Opt 125189 (369.60)
HR-Arkla,Entex,Suppo 125191 (173.23)
Shared Services 125197
Corp Risk Mgmt/Ins 125203
Communications 125206
Advertising&Brand Eq 125207
Strategic Planning 125209
Finance & Administra 125218
Branding/Promotions 125225
Audit Services 125400
Comm TDU 157500
Comm Entex 157501 528,149.87
Comm CEGT 157503
Comm Field Srvs 157506
Comm Properties 157507
Comm Arkla 157508
Comm Minnegasco 157509
Comm 77 157510
Comm 79 157511
Comm 81 157512 97.84
Comm 80 157513
Comm 84 157514 23,870.54
comm 85 157515 12,717.91
Comm 99 157516 4,206.70
Comm Mgmt Srvs 157517
Comm Genco 157518
Comm Entex Fuels 157519 638.32
Sr Exec TDU 157528
Sr Exec Entex 157529 240,481.67
Sr Exec CEGT 157530
Sr Exec Field Srvs 157533
Sr Exec Properties 157534
Sr Exec Arkla 157535
Sr Exec Minnegasco 157536
Sr Exec 77 157537
Sr Exec 79 157538
Sr Exec 81 157539 211.13
Sr Exec 80 157540
Sr Exec 84 157541 51,516.71
Sr Exec 85 157542 27,447.43
Sr Exec 99 157543 9,078.76
Sr Exec Mgmt Srvs 157544
Sr Exec Genco 157545
HR Houston Electric 157557
HR Entex Common 157558 980,930.90
HR CEGT 157559
HR Field Srvs 157562
HR Properties 157563
HR Arkla 157564
HR Minnegasco 157565
HR 77 157566
HR 79 157567
HR 81 157568 35.38
HR 80 157569
HR 84 157570 8,627.72
HR 85 157571 4,596.72
HR 99 157572 3,527.08
HR Mgmt Srvs 157573
HR Genco 157574
Legal Houston Electr 157587
Legal Entex Common 157588 709,579.23
Legal CEGT 157589
Legal MRT 157590
Legal CEPS 157591
Legal Field Srvs 157592
Legal Properties 157593
Legal Arkla 157594
Legal Minnegasco 157595
Legal 77 157596
Legal 80 157599
Legal 84 157600 6,748.51
Legal 85 157601 1,124.75
CERC
--------------------------
PINE
CORPORATE SUM OF PIPELINE
COSTS AMOUNT ACQUISITION MINNEGASCO
- --------- ---------- ----------- ----------
SUMMARIZED
CATEGORY 0124 9072 GRAND TOTAL
---------- ----------- ---------- -----------
Corp Legal 125020 379.46
Sr Exec Legal 125021 (2,096.49)
Finance IT & SS 125066 (7,368.56)
Merg Acq & Divest 125092 (285.07)
Revenue Accounting 125093 (4.54)
Benchmarking 125099 (88.86)
Plant Acct. Admin 125104 2,480.60
Property Accounting 125105 7,545.84
Property Accounting 125106 2,734.34
Property Tax 125111 (470.00)
Regulatory Reporting 125112 4,245.78
Financial Accounting 125114 (33.49)
Revenue Accounting 125115 (71.66)
HR - Compensation 125166 (61.90)
HR - Workforce Plann 125175 (508.65)
HR-Learning & Organi/
Training 125181 4,279.46
HR - Houston Gas Opt 125189 (482.11)
HR-Arkla,Entex,Suppo 125191 (213.89)
Shared Services 125197 (16,700.01)
Corp Risk Mgmt/Ins 125203 (298.39)
Communications 125206 (16.25)
Advertising&Brand Eq 125207 (4,166.00)
Strategic Planning 125209 (15.89)
Finance & Administra 125218 (112.00)
Branding/Promotions 125225 4,166.00
Audit Services 125400 (307.76)
Comm TDU 157500 826,118.19
Comm Entex 157501 528,149.87
Comm CEGT 157503 146,313.42
Comm Field Srvs 157506 32,870.89
Comm Properties 157507 (0.00)
Comm Arkla 157508 138,388.01
Comm Minnegasco 157509 86,063.08 86,063.08
Comm 77 157510 16,337.61
Comm 79 157511 1,076.12
Comm 81 157512 97.84
Comm 80 157513 2,152.27
Comm 84 157514 23,870.54
comm 85 157515 12,717.91
Comm 99 157516 4,206.70
Comm Mgmt Srvs 157517 (0.00)
Comm Genco 157518 547,778.98
Comm Entex Fuels 157519 638.32
Sr Exec TDU 157528 647,514.59
Sr Exec Entex 157529 240,481.67
Sr Exec CEGT 157530 121,388.61
Sr Exec Field Srvs 157533 27,373.54
Sr Exec Properties 157534 (0.00)
Sr Exec Arkla 157535 157,717.13
Sr Exec Minnegasco 157536 175,663.53 175,663.53
Sr Exec 77 157537 35,259.40
Sr Exec 79 157538 2,322.48
Sr Exec 81 157539 211.13
Sr Exec 80 157540 4,644.94
Sr Exec 84 157541 51,516.71
Sr Exec 85 157542 27,447.43
Sr Exec 99 157543 9,078.76
Sr Exec Mgmt Srvs 157544 (0.00)
Sr Exec Genco 157545 349,664.47
HR Houston Electric 157557 2,019,669.89
HR Entex Common 157558 1,029,126.57
HR CEGT 157559 352,115.70
HR Field Srvs 157562 64,413.55
HR Properties 157563 (0.00)
HR Arkla 157564 645,545.88
HR Minnegasco 157565 497,932.81 533,138.07
HR 77 157566 21,666.87
HR 79 157567 854.41
HR 81 157568 77.68
HR 80 157569 1,708.81
HR 84 157570 18,952.33
HR 85 157571 10,097.55
HR 99 157572 5,346.60
HR Mgmt Srvs 157573 (0.00)
HR Genco 157574 911,149.15
Legal Houston Electr 157587 2,211,783.74
Legal Entex Common 157588 709,579.23
Legal CEGT 157589 955,822.61
Legal MRT 157590 67,706.81
Legal CEPS 157591 40,472.07
Legal Field Srvs 157592 95,302.21
Legal Properties 157593 (0.00)
Legal Arkla 157594 307,161.27
Legal Minnegasco 157595 290,099.88 290,099.88
Legal 77 157596 48,393.44
Legal 80 157599 3,374.27
Legal 84 157600 6,748.51
Legal 85 157601 1,124.75
SECOND QTR 2003 SERVICES
BILLED FROM CNP CORP
TDU GENCO CERC
------------- ----------------------------- ----------------------------------------------
CNP TEXAS
HOUSTON TEXAS GENCO CNP CNP CNP GAS
CORPORATE SUM OF ELECTRIC, GENCO, HOLDINGS, RESOURCES MISSISSIPPI TRANSMISSION
COSTS AMOUNT LLC LP INC CORP RIV TRANS CO
- --------- ---------- ------------- ------------- ------------- ------------- ------------- ------------
SUMMARIZED
CATEGORY 0003 0004 0310 0016 0024 0027
---------- ------------- ------------- ------------- ------------- ------------- -------------
Legal 99 157602
Legal Mgmt Srvs 157603
Legal Genco 157604 1,509,508.31
Legal REII 157606
Legal Products 157608
Legal Northwind 157609
Legal Bond Transitio 157610 13,204.53
Legal Stranded 157612 373,783.39
Legal Fuel Rec 157613 529,803.78
CNP Legal Power Sys 157614
Legal Gen Mort Bond 157615 235,368.03
Finance TDU 157625 4,395,807.54
Finance Entex 157626 (82,768.87)
Finance CEGT 27 157627 (15,483.10) 576,757.04
Finance MRT 157628 7,945.25
Finance CEPS 33 157629
Finance Field Srvs 157630 (5,024.55)
Finance Properties 157631
Finance Arkla 157632 (50,805.33)
Finance Minnegasco 157633 (74,275.39)
Finance 77 157634 (16,317.56)
Finance 79 157635 (19.02)
Finance 81 157636 (574.47)
Finance 80 157637 (3,706.70)
Finance 84 157638 (88,063.77)
Finance 85 157639 (3,446.19)
Finance 99 157640 (23,561.90)
Finance Mgmt Srvs 157641
Finance Genco 157642 2,172,788.66
Finance Noram 157643 83,592.62
Finance REII 157644
Finance STP 157645 1,711.90
Finance Products 157646
Finance Northwind 157647
Finance Entex Fuels 157649
Govt TDU 157659 1,804,161.35
Govt Entex 157660
Govt Genco 157669 845,698.80
Illinois Gas Transit 157802
National Furnance 40 157803
lou. Fin Co 47 157804
Funding Co 51 157805
MRT Holding 269 157806 670.36
Genco 271 157808
Legal Tractebel Wise 157812
Legal IGS Vicksburg 157814
Legal Substation Imm 157818 (1,614.17)
Gas Receivable 157819 180,626.14
FinCo II GP (0163) 157820
Pine Pipeline (0124) 157821
TX Genco Holdings 157822 10,598.82
CNP Power Systems 157823
------------- ------------- ------------- ------------- ------------- -------------
TOTAL CORPORATE COSTS 13,053,849.90 6,338,800.27 10,598.82 119,267.23 75,652.06 2,089,349.49
============= ============= ============= ============= ============= =============
CERC
------------------------------------------------------------------------------------------
CNP CNP
PIPELINE FIELD NATIONAL ARK/LA CENTERPOINT CNP INDUSTRIAL
CORPORATE SUM OF SERVICES, SERVICES, FURNACE FINANCE ENERGY MARKETING, GAS
COSTS AMOUNT INC INC COMPANY CORP ARKLA INC SUPPLY
---------- ---------- ---------- ---------- --------- ------------- ---------- ----------
SUMMARIZED
CATEGORY 0033 0036 0040 0047 0062 0077 0079
---------- ---------- ---------- ---------- --------- ------------- ---------- ----------
Legal 99 157602
Legal Mgmt Srvs 157603
Legal Genco 157604
Legal REII 157606
Legal Products 157608
Legal Northwind 157609
Legal Bond Transitio 157610
Legal Stranded 157612
Legal Fuel Rec 157613
CNP Legal Power Sys 157614
Legal Gen Mort Bond 157615
Finance TDU 157625
Finance Entex 157626
Finance CEGT 27 157627
Finance MRT 157628
Finance CEPS 33 157629 9,407.61
Finance Field Srvs 157630 161,571.09
Finance Properties 157631
Finance Arkla 157632 1,064,175.02
Finance Minnegasco 157633
Finance 77 157634 110,330.27
Finance 79 157635 24,284.40
Finance 81 157636
Finance 80 157637
Finance 84 157638
Finance 85 157639
Finance 99 157640
Finance Mgmt Srvs 157641
Finance Genco 157642
Finance Noram 157643
Finance REII 157644
Finance STP 157645
Finance Products 157646
Finance Northwind 157647
Finance Entex Fuels 157649
Govt TDU 157659
Govt Entex 157660
Govt Genco 157669
Illinois Gas Transit 157802
National Furnance 40 157803 1,989.74
lou. Fin Co 47 157804 1,558.19
Funding Co 51 157805
MRT Holding 269 157806
Genco 271 157808
Legal Tractebel Wise 157812 30,277.22
Legal IGS Vicksburg 157814 8,401.85
Legal Substation Imm 157818
Gas Receivable 157819
FinCo II GP (0163) 157820
Pine Pipeline (0124) 157821
TX Genco Holdings 157822
CNP Power Systems 157823
---------- ---------- ---------- --------- ------------- ---------- ----------
TOTAL CORPORATE COSTS 80,156.90 367,313.77 1,989.74 1,558.19 2,257,310.17 224,921.15 36,473.81
========== ========== ========== ========= ============= ========== ==========
CERC
----------------------------------------------------------------------------------------------
UNIT GAS CENTERPOINT CNP GAS LA TRANS CNP
CORPORATE SUM OF LA UNIT GAS TRANSMISSION ENERGY RESOURCES DIV ALTERNATIVE
COSTS AMOUNT TRANSMISSION CO ENTEX CORP OF ENTEX FUELS, INC
---------- ------------- ------------- ------------- ------------- ------------- -------------
SUMMARIZED
CATEGORY 0080 0081 0082 0084 0085 0086
---------- ------------- ------------- ------------- ------------- ------------- -------------
Legal 99 157602
Legal Mgmt Srvs 157603
Legal Genco 157604
Legal REII 157606
Legal Products 157608
Legal Northwind 157609
Legal Bond Transitio 157610
Legal Stranded 157612
Legal Fuel Rec 157613
CNP Legal Power Sys 157614
Legal Gen Mort Bond 157615
Finance TDU 157625
Finance Entex 157626 2,751,881.59
Finance CEGT 27 157627
Finance MRT 157628
Finance CEPS 33 157629
Finance Field Srvs 157630
Finance Properties 157631
Finance Arkla 157632
Finance Minnegasco 157633
Finance 77 157634
Finance 79 157635
Finance 81 157636 28,917.65
Finance 80 157637 34,445.69
Finance 84 157638 464,339.21
Finance 85 157639 35,048.24
Finance 99 157640
Finance Mgmt Srvs 157641
Finance Genco 157642
Finance Noram 157643
Finance REII 157644
Finance STP 157645
Finance Products 157646
Finance Northwind 157647
Finance Entex Fuels 157649 4,205.05
Govt TDU 157659
Govt Entex 157660 88,645.73
Govt Genco 157669
Illinois Gas Transit 157802
National Furnance 40 157803
lou. Fin Co 47 157804
Funding Co 51 157805
MRT Holding 269 157806
Genco 271 157808
Legal Tractebel Wise 157812
Legal IGS Vicksburg 157814
Legal Substation Imm 157818
Gas Receivable 157819
FinCo II GP (0163) 157820
Pine Pipeline (0124) 157821
TX Genco Holdings 157822
CNP Power Systems 157823
------------- ------------- ------------- ------------- ------------- -------------
TOTAL CORPORATE COSTS 45,395.07 29,262.00 5,317,518.48 555,102.69 80,935.05 4,843.37
============= ============= ============= ============= ============= =============
CERC
------------------------------------------------------------
CNP
CNP GAS ILLINOIS PINE
CORPORATE SUM OF MARKETING GAS PIPELINE
COSTS AMOUNT CO TRANS CO ACQUISITION MINNEGASCO
---------- ------------- ------------- ------------- ------------- -------------
SUMMARIZED
CATEGORY 0099 0123 0124 9072 GRAND TOTAL
---------- ------------- ------------- ------------- ------------- -------------
Legal 99 157602 2,249.52 2,249.52
Legal Mgmt Srvs 157603 (0.00)
Legal Genco 157604 1,509,508.31
Legal REII 157606 (0.00)
Legal Products 157608 (0.00)
Legal Northwind 157609 (0.00)
Legal Bond Transitio 157610 13,204.53
Legal Stranded 157612 373,783.39
Legal Fuel Rec 157613 529,803.78
CNP Legal Power Sys 157614 (0.00)
Legal Gen Mort Bond 157615 235,368.03
Finance TDU 157625 4,395,807.54
Finance Entex 157626 (82,768.87)
Finance CEGT 27 157627 561,273.94
Finance MRT 157628 7,945.25
Finance CEPS 33 157629 9,407.61
Finance Field Srvs 157630 156,546.54
Finance Properties 157631 (0.00)
Finance Arkla 157632 1,013,369.69
Finance Minnegasco 157633 666,591.43 592,316.04
Finance 77 157634 94,012.71
Finance 79 157635 24,265.38
Finance 81 157636 28,343.18
Finance 80 157637 30,738.99
Finance 84 157638 376,275.44
Finance 85 157639 31,602.05
Finance 99 157640 90,400.76 66,838.86
Finance Mgmt Srvs 157641 (0.00)
Finance Genco 157642 2,172,788.66
Finance Noram 157643 83,592.62
Finance REII 157644 (0.00)
Finance STP 157645 1,711.90
Finance Products 157646 (0.00)
Finance Northwind 157647 (0.00)
Finance Entex Fuels 157649 4,205.05
Govt TDU 157659 1,804,161.35
Govt Entex 157660 88,645.73
Govt Genco 157669 845,698.80
Illinois Gas Transit 157802 1,872.08 1,872.08
National Furnance 40 157803 1,989.74
lou. Fin Co 47 157804 1,558.19
Funding Co 51 157805 (0.00)
MRT Holding 269 157806 670.36
Genco 271 157808 400.19 400.19
Legal Tractebel Wise 157812 30,277.22
Legal IGS Vicksburg 157814 8,401.85
Legal Substation Imm 157818 (1,614.17)
Gas Receivable 157819 180,626.14
FinCo II GP (0163) 157820 (0.00)
Pine Pipeline (0124) 157821 685.17 685.17
TX Genco Holdings 157822 10,598.82
CNP Power Systems 157823 (0.00)
------------- ------------- ------------- ------------- -------------
TOTAL CORPORATE COSTS 109,863.01 1,872.08 685.17 1,716,350.73 32,519,069.15
============= ============= ============= ============= =============
SECOND QTR 2003 SERVICES
BILLED FROM CNP CORP
TDU GENCO CERC
------------ ----------------------- ---------------------------------------------------
CNP TEXAS CNP
HOUSTON TEXAS GENCO CNP CNP CNP GAS PIPELINE
SUPPORT SUM OF ELECTRIC, GENCO HOLDINGS, RESOURCES MISSISSIPPI TRANSMISSION SERVICES,
SERVICES AMOUNT LLC LP INC CORP RIV TRANS CO INC
- -------- --------- ------------ ------------ --------- --------- ------------ ------------ ----------
SUMMARIZED
CATEGORY 0003 0004 0310 0016 0024 0027 0033
--------- ------------ ------------ --------- --------- ------------ ------------ ----------
FM CORP RE & FM MGR 156101 (402.20)
FM PROJECT MANAGEMENT 156102 54,405.99
FM PROJECT SUPPORT 156103 (255.69)
FM BLDG OPN - N ZONE 156105 (22.65)
FM BLDG OPN - C ZONE 156106 (311.10)
FM BLDG OPN - S ZONE 156107 (551.32)
FM 1111 LOUISIANA 156108 (2,240.09)
FM IBSC Facility 156109 (79.15)
FM ECDC 156111
FS PAYROLL PROC MGR 156120 (8.51)
OSS OFFICE SERV MGMT 156130 (18.61)
OSS HOU MAIL SRVS 156132 (36.28)
OSS RECORD ARCHIVES 156135 (202.49)
OSS HOUSTON FORMS 156136 (235.27)
OSS HOU GRAPHICS 156137 (107.34)
P&L LDC Purchasing 156146 (227.36)
P&L CORP PURCH 156148 (186.59)
P&L E:Procurement 156151 (88.20)
P&L SUPPLIER DIVERS 156152 (6,731.24)
P&L A/P PROCESS MGR 156153 (167.40)
SEC SECURITY MGR 156160
SEC Cen Monitor/Patr 156161 (8,240.84)
SEC Central Monitor 156162
SEC SECURITY MGR 156163 (1.06)
SS VP SHARED SERV 156165 (21.91)
FS BUS SOLUTIONS 156168 (1.06)
SS SH SRVS ADMIN 156171
SS Houston Electric 157738 1,258,407.05
SS Entex Common 157739
SS Entex Metro 157740
SS Entex Rural 157741
SS Pipelines 157742 183,311.83
SS Field Srvs 157743
SS Properties 157744
SS Arkla 157745
SS Minnegasco 157746
SS 77 157747
SS 99 157748
SS Mgmt Srvs 157749
SS Genco 157750 382,240.96
------------ ------------ --------- --------- ------------ ------------ ----------
TOTAL SUPPORT SERVICES 1,292,676.68 382,240.96 (0.00) (0.00) (0.00) 183,311.83 (0.00)
============ ============ ========= ========= ============ ============ ==========
CERC
---------------------------------------------------------------------------------------------
CNP
FIELD NATIONAL ARK/LA CENTERPOINT CNP INDUSTRIAL
SUPPORT SUM OF SERVICES, FURNACE FINANCE ENERGY MARKETING, GAS LA UNIT GAS
SERVICES AMOUNT INC COMPANY CO. ARKLA INC. SUPPLY TRANSMISSION
- -------- --------- --------- -------- -------- ------------ ------------ ------------ ------------
SUMMARIZED
CATEGORY 0036 0040 0047 0062 0077 0079 0080
--------- --------- -------- -------- ------------ ------------ ------------ ------------
FM CORP RE & FM MGR 156101 3,757.90
FM PROJECT MANAGEMENT 156102 7,257.60
FM PROJECT SUPPORT 156103
FM BLDG OPN - N ZONE 156105
FM BLDG OPN - C ZONE 156106
FM BLDG OPN - S ZONE 156107
FM 1111 LOUISIANA 156108
FM IBSC Facility 156109
FM ECDC 156111
FS PAYROLL PROC MGR 156120
OSS OFFICE SERV MGMT 156130 5,416.11
OSS HOU MAIL SRVS 156132
OSS RECORD ARCHIVES 156135
OSS HOUSTON FORMS 156136
OSS HOU GRAPHICS 156137
P&L LDC Purchasing 156146
P&L CORP PURCH 156148
P&L E:Procurement 156151
P&L SUPPLIER DIVERS 156152
P&L A/P PROCESS MGR 156153
SEC SECURITY MGR 156160
SEC Cen Monitor/Patr 156161
SEC Central Monitor 156162
SEC SECURITY MGR 156163
SS VP SHARED SERV 156165
FS BUS SOLUTIONS 156168
SS SH SRVS ADMIN 156171 6,463.41
SS Houston Electric 157738
SS Entex Common 157739
SS Entex Metro 157740
SS Entex Rural 157741
SS Pipelines 157742
SS Field Srvs 157743 36,854.48
SS Properties 157744
SS Arkla 157745 625,168.91
SS Minnegasco 157746
SS 77 157747 11,642.65
SS 99 157748
SS Mgmt Srvs 157749
SS Genco 157750
--------- -------- -------- ------------ ------------ ------------ ------------
TOTAL SUPPORT SERVICES 36,854.48 (0.00) (0.00) 648,063.93 11,642.65 (0.00) (0.00)
========= ======== ======== ============ ============ ============ ============
CERC
------------------------------------------------------------------------------------------
UNIT GAS CENTERPOINT CNP GAS LA TRANS CNP CNP GAS
SUPPORT SUM OF TRANSMISSION ENERGY RESOURCES DIV ALTERNATIVE MARKETING
SERVICES AMOUNT CO ENTEX CORP OF ENTEX FUELS, INC CO
- -------- --------- ------------ ------------ ------------ ------------ ------------ ------------
SUMMARIZED
CATEGORY 0081 0082 0084 0085 0086 0099
--------- ------------ ------------ ------------ ------------ ------------ ------------
FM CORP RE & FM MGR 156101
FM PROJECT MANAGEMENT 156102 8,208.00
FM PROJECT SUPPORT 156103
FM BLDG OPN - N ZONE 156105
FM BLDG OPN - C ZONE 156106
FM BLDG OPN - S ZONE 156107
FM 1111 LOUISIANA 156108
FM IBSC Facility 156109
FM ECDC 156111
FS PAYROLL PROC MGR 156120
OSS OFFICE SERV MGMT 156130
OSS HOU MAIL SRVS 156132
OSS RECORD ARCHIVES 156135
OSS HOUSTON FORMS 156136
OSS HOU GRAPHICS 156137
P&L LDC Purchasing 156146
P&L CORP PURCH 156148
P&L E:Procurement 156151
P&L SUPPLIER DIVERS 156152
P&L A/P PROCESS MGR 156153
SEC SECURITY MGR 156160
SEC Cen Monitor/Patr 156161
SEC Central Monitor 156162
SEC SECURITY MGR 156163
SS VP SHARED SERV 156165
FS BUS SOLUTIONS 156168
SS SH SRVS ADMIN 156171
SS Houston Electric 157738
SS Entex Common 157739 1,209,601.56
SS Entex Metro 157740 128,385.91
SS Entex Rural 157741 59,890.07
SS Pipelines 157742
SS Field Srvs 157743
SS Properties 157744
SS Arkla 157745
SS Minnegasco 157746
SS 77 157747
SS 99 157748 1,266.05
SS Mgmt Srvs 157749
SS Genco 157750
------------ ------------ ------------ ------------ ------------ ------------
TOTAL SUPPORT SERVICES (0.00) 1,406,085.54 (0.00) (0.00) (0.00) 1,266.05
============ ============ ============ ============ ============ ============
CERC
---------------------------------------------------------
CNP
ILLINOIS PINE
SUPPORT SUM OF GAS PIPELINE
SERVICES AMOUNT TRANS CO ACQUISITION MINNEGASCO
- -------- ---------- ------------ ------------ ------------
SUMMARIZED
CATEGORY 0123 0124 9072 GRAND TOTAL
---------- ------------ ------------ ------------ ------------
FM CORP RE & FM MGR 156101 3,355.70
FM PROJECT MANAGEMENT 156102 69,871.59
FM PROJECT SUPPORT 156103 (255.69)
FM BLDG OPN - N ZONE 156105 (22.65)
FM BLDG OPN - C ZONE 156106 (311.10)
FM BLDG OPN - S ZONE 156107 (551.32)
FM 1111 LOUISIANA 156108 (2,240.09)
FM IBSC Facility 156109 (79.15)
FM ECDC 156111 (0.00)
FS PAYROLL PROC MGR 156120 (8.51)
OSS OFFICE SERV MGMT 156130 5,397.50
OSS HOU MAIL SRVS 156132 (36.28)
OSS RECORD ARCHIVES 156135 (202.49)
OSS HOUSTON FORMS 156136 (235.27)
OSS HOU GRAPHICS 156137 (107.34)
P&L LDC Purchasing 156146 (227.36)
P&L CORP PURCH 156148 (186.59)
P&L E:Procurement 156151 (88.20)
P&L SUPPLIER DIVERS 156152 (6,731.24)
P&L A/P PROCESS MGR 156153 (167.40)
SEC SECURITY MGR 156160 (0.00)
SEC Cen Monitor/Patr 156161 (8,240.84)
SEC Central Monitor 156162 (0.00)
SEC SECURITY MGR 156163 (1.06)
SS VP SHARED SERV 156165 (21.91)
FS BUS SOLUTIONS 156168 (1.06)
SS SH SRVS ADMIN 156171 6,463.41
SS Houston Electric 157738 1,258,407.05
SS Entex Common 157739 1,209,601.56
SS Entex Metro 157740 128,385.91
SS Entex Rural 157741 59,890.07
SS Pipelines 157742 183,311.83
SS Field Srvs 157743 36,854.48
SS Properties 157744 (0.00)
SS Arkla 157745 625,168.91
SS Minnegasco 157746 125,648.38 125,648.38
SS 77 157747 11,642.65
SS 99 157748 1,266.05
SS Mgmt Srvs 157749 (0.00)
SS Genco 157750 382,240.96
------------ ------------ ------------ ------------
TOTAL SUPPORT SERVICES (0.00) (0.00) 125,648.38 4,087,790.50
============ ============ ============ ============
SECOND QTR 2003 SERVICES
BILLED FROM CNP CORP
TDU GENCO CERC
----------- --------------------------- -------------------------
CNP TEXAS
HOUSTON TEXAS GENCO CNP CNP
INFORMATION SUM OF ELECTRIC, GENCO HOLDINGS, RESOURCES MISSISSIPPI
TECHNOLOGY AMOUNT LLC LP INC CORP RIV TRANS
- ----------- ------------- ----------- ----------- ----------- ----------- -----------
SUMMARIZED
CATEGORY 0003 0004 0310 0016 0024
------------- ----------- ----------- ----------- ----------- -----------
IT ADMINISTRATION 156200 (40,049.07)
IT NCS LAN SERVICES 156202 (91.67)
IT NCS ENTERPRISE OP 156203 (844.31)
IT NCS NTWK PLNG 156204 (13,416.06)
IT SD SAP ESD 156213 2,685.20
IT NCS SEC/DIS REC 156215 (404.63)
IT SD STRAT DATA SVS 156216 (63.56)
IT NCS DESKTOP ADM 156219 (380.78)
IT DESKTOP SITE SUP 156222 (3,708.99)
CNP TDU 156226 (125.08)
IT NCS TCOM-BUS DEV 156232 (2,059.99)
IT SD ENT HR & CORP 156234 (24.50)
IT SD TOOLS SUPPORT 156240 (51.47)
IT SD E-BUSINESS 156242 (14.19)
IT MF Data Storage 156246
IT Mainframe CPU 156248
IT Data Circuit Mgmt 156251 (2,331.20)
IT Tele - Basic Line 156256 (797.38)
IT Voice Svs - MAC's 156260 (33.15)
IT Voice Services 156278 (5,509.62)
IT Problem Mgmt 156281 (391.81)
IT ARCHITECTURE 156286 (110.44)
IT Houston Electric 157689 8,687,001.87
IT Customer Care 157690 (0.00)
IT Bus Dev 157691 264,229.53
IT Entex Common 157692
IT Entex Metro 157693
IT Entex Rural 157694
IT Pipelines 157695
IT Arkla 157696
IT Minnegasco 157697
IT C&I 157698
IT Mgmt Srvs 157699
IT Genco 157700 891,415.12
IT Houston 101455 157701 184,105.87
IT Bus Dev - 112078 157702
IT Houston Electric 157760 4,987.07
IT Houston Electric 157761 43,079.10
IT Houston Electric 157763 62,822.80
IT Houston Electric 157764 3,827.17
IT Customer Care 90 157769 3,022,803.88
IT Entex Common 903 157779
IT Arkla 903 157787
IT Metered Houston E 157790 17,383.00
IT Metered Houston E 157791 17,382.87
IT Misc Services (351.57)
IT SAP
--------------- ------------- ---------- ----------- ---------
TOTAL INFORMATION TECHNOLOGY 12,239,548.89 891,415.12 (0.00) (0.00) (0.00)
--------------- ------------- ---------- ----------- ---------
GRAND TOTAL 26,586,075.47 7,612,456.35 10,598.82 119,267.23 75,652.06
=============== ============= ========== =========== =========
Positive amount = billed by company 0002
Negative amount = receivable from company 0002
CERC
-------------------------------------------------------------------------------------------------
CNP CNP
CNP GAS PIPELINE FIELD NATIONAL ARK/LA CENTERPOINT CNP
INFORMATION TRANSMISSION SERVICES, SERVICES, FURNACE FINANCE ENERGY MARKETING,
TECHNOLOGY CO INC INC COMPANY CORP ARKLA INC
- ----------- ------------ ----------- ----------- ----------- ----------- ----------- -----------
0027 0033 0036 0040 0047 0062 0077
------------ ----------- ----------- ----------- ----------- ----------- -----------
IT ADMINISTRATION
IT NCS LAN SERVICES
IT NCS ENTERPRISE OP
IT NCS NTWK PLNG 140.09
IT SD SAP ESD
IT NCS SEC/DIS REC
IT SD STRAT DATA SVS
IT NCS DESKTOP ADM
IT DESKTOP SITE SUP
CNP TDU
IT NCS TCOM-BUS DEV
IT SD ENT HR & CORP
IT SD TOOLS SUPPORT
IT SD E-BUSINESS
IT MF Data Storage (702.47)
IT Mainframe CPU (27,969.98)
IT Data Circuit Mgmt
IT Tele - Basic Line
IT Voice Svs - MAC's
IT Voice Services
IT Problem Mgmt
IT ARCHITECTURE
IT Houston Electric
IT Customer Care
IT Bus Dev
IT Entex Common
IT Entex Metro
IT Entex Rural
IT Pipelines 2,049,921.06
IT Arkla 1,533,895.45
IT Minnegasco
IT C&I 2,905.68
IT Mgmt Srvs
IT Genco
IT Houston 101455
IT Bus Dev - 112078 3,967.08
IT Houston Electric
IT Houston Electric
IT Houston Electric
IT Houston Electric
IT Customer Care 90
IT Entex Common 903
IT Arkla 903 100,503.20
IT Metered Houston E
IT Metered Houston E
483.41
------------ --------- ---------- --------- -------- ------------ ----------
TOTAL INFORMATION TECHNOLOGY 2,049,921.06 (0.00) (0.00) (0.00) (0.00) 1,610,316.78 2,905.68
------------ --------- ---------- --------- -------- ------------ ----------
4,322,582.38 80,156.90 404,168.25 1,989.74 1,558.19 4,515,690.88 239,469.48
============ ========= ========== ========= ======== ============ ==========
Positive amount = billed by company 0002
Negative amount = receivable from company 0002
INDUSTRIAL UNIT GAS CENTERPOINT CNP GAS LA TRANS CNP
INFORMATION GAS LA UNIT GAS TRANSMISSION ENERGY RESOURCES DIV ALTERNATIVE
TECHNOLOGY SUPPLY TRANSMISSION CO ENTEX CORP OF ENTEX FUELS, INC
- ----------- ----------- ------------ ------------ ----------- ----------- ----------- -----------
0079 0080 0081 0082 0084 0085 0086
----------- ------------ ----------- ----------- ----------- ----------- -----------
IT ADMINISTRATION
IT NCS LAN SERVICES
IT NCS ENTERPRISE OP
IT NCS NTWK PLNG
IT SD SAP ESD
IT NCS SEC/DIS REC
IT SD STRAT DATA SVS
IT NCS DESKTOP ADM
IT DESKTOP SITE SUP
CNP TDU
IT NCS TCOM-BUS DEV
IT SD ENT HR & CORP
IT SD TOOLS SUPPORT
IT SD E-BUSINESS
IT MF Data Storage
IT Mainframe CPU
IT Data Circuit Mgmt (10,417.96 )
IT Tele - Basic Line
IT Voice Svs - MAC's
IT Voice Services
IT Problem Mgmt
IT ARCHITECTURE
IT Houston Electric
IT Customer Care
IT Bus Dev
IT Entex Common 1,458,639.98
IT Entex Metro 584,940.40
IT Entex Rural 430,746.66
IT Pipelines
IT Arkla
IT Minnegasco
IT C&I 2,905.68 2,907.71 2,905.68 2,907.71 2,907.71
IT Mgmt Srvs
IT Genco
IT Houston 101455
IT Bus Dev - 112078
IT Houston Electric
IT Houston Electric
IT Houston Electric
IT Houston Electric
IT Customer Care 90
IT Entex Common 903 214,557.20
IT Arkla 903
IT Metered Houston E
IT Metered Houston E
2,416.98
--------- --------- --------- ------------ ---------- --------- --------
TOTAL INFORMATION TECHNOLOGY 2,905.68 2,907.71 2,905.68 2,680,883.26 2,907.71 2,907.71 (0.00)
--------- --------- --------- ------------ ---------- --------- --------
39,379.49 48,302.78 32,167.68 9,404,487.28 558,010.40 83,842.76 4,843.37
========= ========= ========= ============ ========== ========= ========
Positive amount = billed by company 0002
Negative amount = receivabl from company 0002
CNP
CNP GAS ILLINOIS PINE
INFORMATION MARKETING GAS PIPELINE
TECHNOLOGY CO TRANS CO ACQUISITION MINNEGASCO
- ----------- ----------- ----------- ----------- -----------
0099 0123 0124 9072 GRAND TOTAL
----------- ----------- ----------- ----------- ---------------
IT ADMINISTRATION (40,049.07)
IT NCS LAN SERVICES (91.67)
IT NCS ENTERPRISE OP (844.31)
IT NCS NTWK PLNG (13,275.97)
IT SD SAP ESD 2,685.20
IT NCS SEC/DIS REC (404.63)
IT SD STRAT DATA SVS (63.56)
IT NCS DESKTOP ADM (380.78)
IT DESKTOP SITE SUP (3,708.99)
CNP TDU (125.08)
IT NCS TCOM-BUS DEV (2,059.99)
IT SD ENT HR & CORP (24.50)
IT SD TOOLS SUPPORT (51.47)
IT SD E-BUSINESS (14.19)
IT MF Data Storage (702.47)
IT Mainframe CPU (27,969.98)
IT Data Circuit Mgmt (12,749.16)
IT Tele - Basic Line (797.38)
IT Voice Svs - MAC's (33.15)
IT Voice Services (5,509.62)
IT Problem Mgmt (391.81)
IT ARCHITECTURE (110.44)
IT Houston Electric 8,687,001.87
IT Customer Care (0.00)
IT Bus Dev 264,229.53
IT Entex Common 1,458,639.98
IT Entex Metro 584,940.40
IT Entex Rural 430,746.66
IT Pipelines 2,049,921.06
IT Arkla 1,533,895.45
IT Minnegasco 1,746,662.82 1,746,662.82
IT C&I 2,907.69 20,347.86
IT Mgmt Srvs (0.00)
IT Genco 184,105.87
IT Houston 101455 184,105.87
IT Bus Dev - 112078 3,967.08
IT Houston Electric 4,987.07
IT Houston Electric 43,079.10
IT Houston Electric 62,822.80
IT Houston Electric 3,827.17
IT Customer Care 90 3,022,803.88
IT Entex Common 903 214,557.20
IT Arkla 903 100,503.20
IT Metered Houston E 17,383.00
IT Metered Houston E 17,382.87
2,065.41
483.41
----------- --------- ------ ------------- --------------
TOTAL INFORMATION TECHNOLOGY 2,907.69 (0.00) (0.00) 1,746,662.82 21,239,095.79
----------- --------- ------ ------------- --------------
114,036.75 1,872.08 685.17 3,588,661.93 57,845,955.44
=========== ========= ====== ============= ==============
57,845,955.44
==============
Positive amount = billed by company 0002
Negative amount = receivabl from company 0002 Excluded Companies 1,287,120.74
Excluded Expense Orders 128,480.29
Excluded Capital WBS,
Capital Orders, Primaries
and Rent 520,988.25
Calculated Check 59,782,544.56
Total per Costflow Overview 59,782,544.56
