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 December 31, 2001
SCANA Corporation
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(Name of registered holding company)
1426 Main Street, Columbia, South Carolina 29201
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(Address of principal executive offices)
Table of Contents
Item
No. Title Page
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1 Organization Chart 2
2 Issuances and Renewals of Securities and Capital Contributions 3
3 Associate Transactions 3
4 Summary of Aggregate Investment 4
5 Other Investments 5
6 Financial Statements and Exhibits 6
ITEM 1 - ORGANIZATION CHART
Name Energy Percentage
of or Date State of Voting
Reporting Gas - related of of Securities Nature of
Company Company Organization Organization Held Business
- ------- ------- ------------ ------------ ---- --------
SCANA Corporation (a)
SCANA Resources, Inc. Energy September 8, 1987 South Carolina 100% Renders energy management
services
Solo Energy Corporation Energy January 6, 1997 Delaware (c) Provides 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 November 16, 2001 Delaware 25% Production and sale of
synthetic fuel
SCANA Energy Marketing, Inc. Energy June 30, 1987 South Carolina 100% Markets electricity,
natural gas and other
light hydrocarbons
ServiceCare, Inc. Energy September 30, 1994 South Carolina 100% Provides energy-related
products and service
contracts on home
appliances
Primesouth, Inc. Energy August 25, 1986 South Carolina 100% Engages in power plant
management and maintenance
services
Public Service Company of North Carolina,
Incorporated (b)
Clean Energy Enterprises, Inc. Energy December 30, 1994 North Carolina 100% Sells, installs and services
compressed natural gas
conversion equipment
PSNC Blue Ridge Corporation Energy August 31, 1992 North Carolina 100% Renders energy management
services
SCG Pipeline, Inc. Energy April 10, 2001 South Carolina 100% Transportation of natural
gas
(a) The Public Utility Holding Company is not a reporting company, but is
included herein because it directly and/or indirectly holds securities in
energy-related companies. (b) These SCANA Corporation system companies are not
reporting companies, but they are included herein because they hold securities
directly in the energy-related companies set forth
below their names.
(c) Solo Energy Corporation declared insolvency in November 2001.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Principal Issue Person to Collateral Consideration
Amount of or Cost of Whom Security was Given with for Each
Company Issuing Security Type of Security Issued Security Renewal Capital Issued Security Security
-------------------------- --------------------- -------- ------- ------- ------ -------- --------
Company Contributing Capital Company Receiving Capital Amount of Capital Contribution
---------------------------- ------------------------- ------------------------------
South Carolina Electric & Gas Company SC Coaltech No. l LP $1,480,000
South Carolina Electric & Gas Company Coaltech No. l LP $1,357,327
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 $19,469,924 - - $19,469,924
& Gas Company
Coaltech No. 1 LP South Carolina Electric Synthetic Fuel Sales $6,102,367 - - $6,102,367
& Gas Company
PART II - Transactions Performed by Associate Companies on Behalf of Reporting Companies
Associate Company Reporting Company Type of Services Direct Costs Indirect Cost of Total Amount
Rendering Services Receiving Services Rendered Charged Costs Charged Capital Billed
------------------ ------------------ -------- ------- ------------- ------- ------
South Carolina Electric & Gas Company SC Coaltech No.1 LP Coal Sales $20,006,547 - - $20,006,547
South Carolina Electric & Gas Company SC Coaltech No.1 LP Fuel Handling $204,190 - - $204,190
South Carolina Electric & Gas Company Coaltech No. 1 LP Coal Sales $6,307,855 - - $6,307,855
South Carolina Pipeline Corporation SCG Pipeline, Inc. Preliminary Survey
and Investigation $2,351,229 - - $1,958,640 (1)
(1) Costs of $392,589 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 December 31, 2001 $5,909,690 (A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 886,454 Line 2
Greater of $50 million or line 2 $886,454 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 (B) -
Energy-related business category 5 -
Energy-related business category 6 (C) 2,684
Energy-related business category 7 -
Energy-related business category 8 -
Energy-related business category 9 (D) 1
Energy-related business category 10 -
Total current aggregate investment
$2,685 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) $883,769 Line 5
Investments in gas-related companies:
Total current aggregate investment:
(categorized by major line of gas-related business)
Gas-related business category 1 -
Gas-related business category 2 -
Total current aggregate investment -
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(A) Includes common equity, preferred stock and mandatorily redeemable preferred
securities, long-term debt and current maturities and short-term borrowings.
(B) Consists of investment in Solo Energy Corporation.
(C) Consists of investment in SC Coaltech No. l LP and Coaltech No. 1 LP
(D) 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. ($3,019) ($7,843) Annual recording of Equity in
earnings of subsidiary offset
by
income tax allocation
PSNC Blue Ridge Corporation $2,174 $2,740 Other comprehensive income
from derivatives and Equity in
earnings of subsidiary
Energy-related business category 3
Clean Energy Enterprises, Inc. $7,048 $7,071 Equity in earnings of subsidiary
Energy-related business category 4
ServiceCare, Inc. ($8,792) ($3,745) Income tax allocation and annual
recording of Equity in earnings
Energy-related business category 5 of subsidiary
SCANA Energy Marketing, Inc. ($90,738) ($67,140) Income tax allocation, Other
comprehensive income from
derivatives and annual recording
of Equity in earnings of
subsidiary
Energy-related business category 7
Primesouth, Inc. ($6,581) ($4,528) Annual recording of Equity in
earnings of subsidiary
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
Exhibit A-1 SC Coaltech No. 1 LP Balance Sheet as of December 31, 2001
- filed under confidential treatment pursuant to Rule 104(b)
Exhibit A-2 SC Coaltech No. 1 LP Income Statement for the Periods ended
December 31, 2001 - filed under confidential treatment
pursuant to Rule 104(b)
Exhibit B-1 SCANA Resources, Inc. Balance Sheet as of December 31, 2001-
filed under confidential treatment pursuant to Rule 104(b)
Exhibit B-2 SCANA Resources, Inc. Income Statement for the Periods ended
December 31, 2001- filed under confidential treatment pursuant
to Rule 104(b)
Exhibit C-1 SCANA Energy Marketing, Inc. Balance Sheet as of December 31,
2001-filed under confidential treatment pursuant to Rule 104(b)
Exhibit C-2 SCANA Energy Marketing, Inc. Income Statement for the Periods
ended December 31, 2001-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit D-1 ServiceCare, Inc. Balance Sheet as of December 31, 2001-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit D-2 ServiceCare, Inc. Income Statement for the Periods ended
December 31, 2001-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit E-1 Primesouth, Inc. Balance Sheet as of December 31, 2001-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit E-2 Primesouth, Inc. Income Statement for the Periods ended December
31, 2001-filed under confidential treatment pursuant to Rule
104(b)
Exhibit F-1 Clean Energy Enterprises, Inc. Balance Sheet as of December 31,
2001-filed underconfidential treatment pursuant to Rule 104(b)
Exhibit F-2 Clean Energy Enterprises, Inc. Income Statement for the Periods
ended December 31, 2001-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit G-1 PSNC Blue Ridge Corporation Balance Sheet as of December 3
1, 2001-filed under confidential treatment pursuant to Rule
104(b)
Exhibit G-2 PSNC Blue Ridge Corporation Income Statement for the
Periods ended December 31, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit H-1 SCG Pipeline, Inc. Balance Sheet as of December 31, 2001-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit H-2 SCG Pipeline, Inc. Income Statement for the Periods ended
December 31, 2001-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit I-1 Coaltech No. 1 LP Balance Sheet as of December 31, 2001-filed
under confidential treatment pursuant to Rule 104(b)
Exhibit I-2 Coaltech No. 1 LP Income Statement for the Periods ended
December 31, 2001-filed under confidential treatment pursuant
to Rule 104(b)
EXHIBITS
Exhibit J Certificate of SCANA Corporation
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
SCANA Corporation has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on the 28th day of February 2002.
SCANA Corporation
Registrant
By: s/Mark R. Cannon
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Mark R. Cannon
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(Name)
Controller
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(Title)
February 28, 2002
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(Date)
Exhibit J
Certificate
Pursuant to the requirements of Rule 58 of the Public Utility Holding
Company Act of 1935, the undersigned certifies that:
A copy of SCANA's quarterly report on Form U-9C-3 for the quarterly
period ended September 30, 2001, was filed with the state commissions having
jurisdiction over the retail rates of SCANA Corporation's public utility
subsidiary companies. The names and addresses of these state commissions are as
follows:
South Carolina Public Service Commission
P. O. Box 11649
Columbia, SC 29211
North Carolina Utilities Commission
4325 Mail Service Center
Raleigh, NC 27699-4325
February 28, 2002 By:s/M. R. Cannon
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M. R. Cannon
Controller
(principal accounting officer)