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 September 30, 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 23.8%(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
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's certificate of incorporation limits SCANA
Corporation and its wholly owned subsidiaries to an aggregate power to
vote of 18% of total number of votes entitled to be cast on matters not
requiring separate voting by the holders of Series B Preferred Stock.
ITEM 2 - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Principal Issue Person to Collateral Consideration
Amount of or Cost of Whom Security Given with for Each
Company Issuing Security Type of Security Issued Security Renewal Capital was Issued Security Security
------------------------ ----------------------- -------- ------- ------- ------ -------- --------
SOLO Energy Corporation Bridge loan note bearing $1,500,000 Renewal $1,500,000 SCANA Resources, Inc. None $1,500,000
interest at 10% (1)
SCG Pipeline, Inc. Common Stock $1,000 Issue $1,000 SCANA Corporation None $1,000
Company Contributing Capital Company Reng Capital Amount of Capital Contribution
---------------------------- ------------------------- ------------------------------
South Carolina Electric & Gas Company SC Coaltech No. l LP $1,860,000
(1) This note is convertible, at SCANA Resources, Inc.'s option, to Series D
Preferred Stock of Solo Energy Corporation. In addition, a warrant to purchase
1,650,000 shares of Series D Preferred Stock was issued in return for the
provision of funds under the bridge loan.
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 $12,865,350 - - $12,865,350
& 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 $13,244,172 - - $13,244,172
South Carolina Electric
& Gas Company SC Coaltech No.1 LP Fuel Handling $540,808 - - $540,808
South Carolina Electric
& Gas Company SC Coaltech No. 1 LP Trucking Service $154,469 - - $154,469
South Carolina Pipeline
Corporation SCG Pipeline, Inc. Preliminary Survey
and Investigation $1,208,953 - - $1,208,953
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT
(Dollars in Thousands)
Investments in energy-related companies:
Total consolidated capitalization as of September 30, 2001 $5,781,209 (A) Line 1
Total capitalization multiplied by 15%
(line1 multiplied by 0.15) 867,181 Line 2
Greater of $50 million or line 2 $867,181 Line 3
Total current aggregate investment:
(categorized by major line of energy-related business)
Energy-related business category 1 -
Energy-related business category 2 -
Energy-related business category 3 -
Energy-related business category 4 (B) $7,767
Energy-related business category 5 -
Energy-related business category 6 (C) 10,546
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 $18,314
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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) $848,867 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.
(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
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Energy-related business category 1
SCANA Resources, Inc. ($3,019) ($3,019) n/a
PSNC Blue Ridge Corporation $2,514 $2,174 Other comprehensive loss
from derivatives
Energy-related business category 3
Clean Energy Enterprises, Inc. $7,047 $7,048 Reduction in advances from
parent
Energy-related business category 4
ServiceCare, Inc. ($9,289) ($8,792) Income Tax allocation
Energy-related business category 5
SCANA Energy Marketing, Inc. ($82,811) ($90,738) Income Tax allocation offset
by
other comprehensive income
from derivatives
Energy-related business category 7
Primesouth, Inc. ($6,581) ($6,581) n/a
ITEM 6 - FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS
Exhibit A-1 Solo Energy Corporation Balance Sheet as of September 30,
2001- filed under confidential treatment pursuant to Rule
104(b)
Exhibit A-2 Solo Energy Corporation Income Statement for the Periods
ended September 30, 2001 - filed under confidential
treatment pursuant to Rule 104(b)
Exhibit B-1 SC Coaltech No. 1LP Balance Sheet as of September 30, 2001
-filed under confidential treatment pursuant to Rule 104
(b)
Exhibit B-2 SC Coaltech No. 1LP Income Statement for the Periods
ended September 30, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit C-1 SCANA Resources, Inc. Balance Sheet as of September 30,
2001-filed under confidential treatment pursuant to Rule
104(b)
Exhibit C-2 SCANA Resources, Inc. Income Statement for the Periods
ended September 30, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit D-1 SCANA Energy Marketing, Inc. Balance Sheet as of September
30, 2001-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit D-2 SCANA Energy Marketing, Inc. Income Statement for the
Periods ended September 30, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit E-1 ServiceCare, Inc. Balance Sheet as of September 30, 2001
-filed under confidential treatment pursuant to Rule 104(b)
Exhibit E-2 ServiceCare, Inc. Income Statement for the Periods ended
September 30, 2001-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit F-1 Primesouth, Inc. Balance Sheet as of September 30, 2001-
filed under confidential
treatment pursuant to Rule 104(b)
Exhibit F-2 Primesouth, Inc. Income Statement for the Periods ended
September 30, 2001-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit G-1 Clean Energy Enterprises, Inc. Balance Sheet as of
September 30, 2001-filed under confidential treatment
pursuant to Rule 104(b)
Exhibit G-2 Clean Energy Enterprises, Inc. Income Statement for the
Periods ended September 30, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit H-1 PSNC Blue Ridge Corporation Balance Sheet as of September
30, 2001-filed under confidential treatment pursuant to
Rule 104(b)
Exhibit H-2 PSNC Blue Ridge Corporation Income Statement for the
Periods ended September 30, 2001-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit I-1 SCG Pipeline, Inc. Balance Sheet as of September 30, 2001
-filed under confidential
treatment pursuant to Rule 104(b)
Exhibit I-2 SCG Pipeline, Inc. Income Statement for the Periods ended
September 30, 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 29th day of November 2001.
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)
November 29, 2001
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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 June 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
November 29, 2001 By: s/M. R. Cannon
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M. R. Cannon
Controller
(principal accounting officer)