SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
*******************************************
In the Matter of
Alliant Energy Corporation, et al. CERTIFICATE
File No. 70-9891 PURSUANT TO
(Public Utility Holding Company Act of 1935) RULE 24
********************************************
This Certificate of Notification (the "Certificate") is filed by Alliant
Energy Corporation ("Alliant Energy"), a registered holding company under the
Public Utility Holding Company Act of 1935, as amended (the "Act"), and its
wholly-owned subsidiary, Alliant Energy Resources, Inc. ("Resources"), in
connection with the transactions proposed in the Form U-1
Application-Declaration (the "Application-Declaration"), as amended, of Alliant
Energy and Resources (collectively, the "Applicants") in File No. 70-9891. These
transactions were authorized by order of the Securities and Exchange Commission
(the "Commission") dated October 3, 2001 (the "Order"), as amended.
This Certificate is for the period covering July 1, 2002 - September 30,
2002 (hereinafter referred to as the "period").
The Applicants hereby certify the matters set forth below pursuant to Rule
24 of the rules under the Act:
1. A computation in accordance with rule 53(a) setting forth Alliant
Energy's "aggregate investment" in all EWGs and FUCOs, its "consolidated
retained earnings" and a calculation of the amount remaining under the Requested
EWG/FUCO Investment Authority.
ANSWER:
See attached Exhibit A
2. A chart showing Alliant Energy's aggregate investment in each EWG or
FUCO compared to the Requested EWG/FUCO Investment Authority. The chart should
also identify any new EWG or FUCO, compared to the Requested EWG/FUCO Investment
Authority, in which Alliant Energy has invested or committed to invest during
the preceding quarter.
ANSWER:
See attached Exhibit A
3. The consolidated capitalization ratio of Alliant Energy, with
consolidated debt to include all short-term debt and all other system debt, both
recourse and nonrecourse, including debt of EWGs and FUCOs.
ANSWER:
See attached Exhibit B
4. The market-to-book ratio of Alliant Energy's common stock.
ANSWER:
Market value per share at September 30, 2002 $ 19.25
Common equity at September 30, 2002 $ 1,770,269,000
Total shares outstanding at September 30, 2002 91,594,567
Book value per share at September 30, 2002 $ 19.33
Market-to-book ratio of Alliant Energy's common stock 99.59%
5. Analysis of the growth in consolidated retained earnings that segregates
total earnings growth of EWGs and FUCOs from that attributable to other
subsidiaries of Alliant Energy.
ANSWER:
See attached Exhibit C
6. A statement of revenues and net income for each EWG and FUCO for the
twelve months ending as of the end of that quarter.
ANSWER:
See attached Exhibit D
7. The sales of any common stock or preferred securities by Alliant Energy
and the purchase price per share and the market price per share at the date of
the agreement of sale.
ANSWER:
None
8. The total number of shares of Alliant Energy common stock issued or
issuable under options granted during the quarter under employment benefit plans
and dividend reinvestment plans including any employee benefit plans or dividend
reinvestment plans later adopted;
ANSWER:
There were no options granted during this period.
See attached Exhibit E
9. If a guaranty is issued during the quarter, the name of the guarantor,
the name of the beneficiary of the guaranty and the amount, terms and purpose of
the guaranty.
ANSWER:
See attached Exhibits F
10. The amount and terms of any Alliant Energy indebtedness issued during
the quarter.
ANSWER:
None
11. The amount and terms of any financings consummated by any Nonutility
Subsidiary that is not exempt under rule 52.
ANSWER:
None
12. The notational amount and principal terms of any Interest Rate Hedges
or Anticipatory Hedges entered into during the quarter and the identity of the
other parties to the transaction.
ANSWER:
None
13. The name, parent company and amount invested in any intermediate
subsidiary or financing, subsidiary during the quarter and the amount and terms
of any securities issued by those subsidiaries during the quarter.
ANSWER:
Alliant Energy Corporation invested $48.3 million in nonutility energy assets
during the period from July 1, 2002 through September 30, 2002.
Whiting Petroleum Corporation's Energy Asset Investments:
---------------------------------------------------------------
RSEC $ 26,207,008
Crownquest $ 15,656,000
JJ Martin $ 588,105
Sub-total: $ 42,451,113
Leasing and other activity $ 7,259,501
Proceeds from sales ($1,433,838)
Total: $ 48,276,776
Alliant Energy Corporation did not form any intermediate or financing
subsidiaries during the period from July 1, 2002 through September 30,
2002.
14. A list of U-6B-2 forms filed with the Commission during the quarter,
including the name of filing entity and the date of the filing.
ANSWER:
(1) Alliant Energy Corporate Services, Inc. filed a U-6B-2 on August 14, 2002.
(2) Alliant Energy Corporation filed a U-6B-2 on August 14, 2002.
15. Consolidated balance sheets as of the end of the quarter and separate
balance sheets as of the end of the quarter for each company, including Alliant
Energy, that has engaged in jurisdictional financing transactions during the
quarter.
ANSWER:
Incorporated by reference to Alliant Energy's Form 10-Q for the quarter ended
September 30, 2002.
16. A table showing, as of the end of the quarter, the dollar and
percentage components of the capital structure of Alliant Energy on a
consolidated basis and of each Utility Subsidiary.
ANSWER:
See attached Exhibit G
17. A retained earnings analysis of Alliant Energy on a consolidated basis
and of each Utility Subsidiary detailing gross earnings, goodwill amortization,
dividends paid out of each capital account and the resulting capital account
balances at the end of the quarter.
ANSWER:
See attached Exhibit H
18. Registration statements filed under the Securities Act of 1933 with
respect to securities that are subject of this Application will be filed or
incorporated by reference as exhibits to the next certificate filed under Rule
24.
ANSWER:
None
S I G N A T U R E
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, as amended, the undersigned companies have duly caused this Certificate to
be signed on their behalf by the undersigned thereunto duly authorized.
ALLIANT ENERGY CORPORATION
/s/ Enrique Bacalao
By: ______________________________
Name: Enrique Bacalao
Title: Assistant Treasurer
November 27, 2002
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit A
Report Period: July 1, 2002 - September 30, 2002
Item 1: A computation in accordance with rule 53(a) setting forth Alliant
Energy's "aggregate investment" in all EWGs and FUCOs, its "consolidated
retained earnings" and a calculation of the amount remaining under the
Requested EWG/FUCO Investment Authority.
Item 2: A chart showing Alliant Energy's aggregate investment in each EWG or
FUCO compared to the Requested EWG/FUCO Investment Authority. The chart
should also identify any new EWG or FUCO, compared to the Requested
EWG/FUCO Investment Authority, in which Alliant Energy has invested or
committed to invest during the preceding quarter.
September 30, 2002
Aggregate
Investments Commitments Investment
-----------------------------------
(dollars in millions)
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. (Inactive) $ - $ - $ -
Alliant Energy Renewable Resources Ltd. 1.1 13.9 15.0
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. (Inactive) - - -
Anhui New Energy Heat & Power Co. Ltd. 14.4 - 14.4
Catleo Energia S.A. - - -
Companhia de Electricidade de Nova Friburgo S.A. - - -
Companhia Energetica da Borborema S.A. - - -
Companhia Forca e Luz Cataguazes-Leopoldina S.A. 1.0 - 1.0
Empresa Energetica de Sergipe S.A. 0.2 - 0.2
Hebei Wuan Peak Heat and Power Co. Ltd. 7.7 - 7.7
Henan Anfeng Electric Power Co. Ltd. 13.3 - 13.3
Henan Yongfeng Electric Power Co. Ltd. 13.3 - 13.3
Infratil Ltd. 15.0 - 15.0
Jiaxing JIES Power & Heat Co. Ltd. 13.4 - 13.4
LDM Utility Co., S.A. de C.V. 32.8 26.6 59.4
Luannan Peak Heat & Power Company Ltd. (f/k/a Tangshan Panda Heat & Power Co., Ltd.) 25.0 - 25.0
Luannan Peak Second Heat & Power Company Ltd. (f/k/a Tangshan Pan-Western Heat & Power Co., Ltd.) 25.0 - 25.0
Shijiazhuang Chengfeng Cogeneration Co. Ltd. 11.9 - 11.9
Sociedade Anonima de Eletrificacao da Paraiba S.A. 90.2 - 90.2
Southern Hydro Partnership 44.4 42.9 87.3
Tongxiang TIES Power & Heat Co. Ltd. 10.4 - 10.4
TrustPower Ltd. 65.4 - 65.4
Usina Termeletrica de Juiz De Fora S.A. 13.9 - 13.9
Zouping Peak CHP Co. Ltd. 17.4 - 17.4
Guarantee of debt security intended to finance future FUCO investments - 25.0 25.0
----------------------------
Aggregate Investments in Foreign Utility Companies (FUCOs) 415.8 108.4 524.2
============================
Development costs for a 1,100 Mw natural gas generating facility in Western Michigan 7.1 - 7.1
Development costs and commitment to purchase a 309 Mw natural gas generating facility in Neenah, WI (New) 0.1 111.5 111.6
Guarantee of the debt security of a 6 Mw low Btu gas electric generating facility in Cedar Rapids, Iowa - 4.4 4.4
----------------------------
Aggregate Investments in Electric Wholesale Generators (EWGs) 7.2 115.9 123.1
----------------------------
Total Aggregate Investments in EWGs and FUCOs 423.0 224.3 647.3
============================
Balance at Average
end of quarter balance
--------------------------
Alliant Energy's consolidated retained earnings at December 31, 2001 832.3
Alliant Energy's consolidated retained earnings at March 31, 2002 797.2
Alliant Energy's consolidated retained earnings at June 30, 2002 758.5
Alliant Energy's consolidated retained earnings at September 30, 2002 757.8
Alliant Energy's "consolidated retained earnings" at September 30, 2002 (average of ending balance of four previous quarters) 786.5
---------
$ 139.2
Amount remaining under the Requested EWG/FUCO Investment Authority. =========
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit A Continued
Report Period: July 1, 2002 - September 30, 2002
Loan
Registered -------------------------------- Adjustments
Peak Pacific CJVs: Capital Principal Interest (Non-recourse) Total
--------------------------------------------------------------------------
FUCOs:
Handan Chengfeng Heat and Power Co. Ltd. (Inactive) - - - -
Hebei Wuan Peak Heat and Power Co. Ltd. 7,678,000 - - 7,678,000
Henan Anfeng Electric Power Co. Ltd. 6,748,000 6,516,900 444,778 (444,778) 13,264,900
Henan Yongfeng Electric Power Co. Ltd. 6,748,000 6,516,895 323,028 (323,028) 13,264,895
Luannan Peak Heat & Power Company Ltd.
(f/k/a Tangshan Panda Heat & Power Co., Ltd.) 10,456,014 13,642,016 884,173 24,982,203
Luannan Peak Second Heat & Power Company Ltd.
(f/k/a Tangshan Pan-Western Heat & Power Co., Ltd.) 10,456,014 13,642,016 884,173 24,982,203
Shijiazhuang Chengfeng Cogeneration Co. Ltd. 6,440,000 5,400,000 265,483 (265,483) 11,840,000
Weifang Ocean Peak Heat and Power Co. Ltd. (Inactive) - - -
Zouping Peak CHP Co. Ltd. 11,311,594 6,055,082 149,037 (149,037) 17,366,676
---------------------------------------------------------------------------
59,837,622 51,772,909 2,950,673 (1,182,326) 113,378,878
===========================================================================
Non-FUCOs:
Luannan Peak Third Heat & Power Company Ltd. 10,456,014 13,642,016 884,173
Luannan Peak Fourth Heat & Power Company Ltd. 10,456,014 13,642,016 884,173
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit B
Report Period: July 1, 2002 - September 30, 2002
Item 3: The consolidated capitalization ratio of Alliant Energy, with
consolidated debt to include all short-term debt and all other system debt, both
recourse and nonrecourse, including debt of EWGs and FUCOs.
Alliant Energy Corporation Consolidated Statement of Capitalization
September 30, 2002
(amounts in thousands of dollars)
Amounts Percentage
-----------------------------------------
Common equity $ 1,770,269 35.53%
Cumulative preferred stock 59,963 1.20%
Consolidated debt (1) 3,152,410 63.27%
--------------------------------------
$ 4,982,642 100.00%
=========================================
(1)
Long-term debt (excluding current portion) $ 2,612,037
Current maturities and sinking funds 61,181
Variable rate demand bonds 55,100
Commercial paper 298,945
Other short-term borrowings 125,147
---------------------
$ 3,152,410
=====================
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit C
Report Period: July 1, 2002 - September 30, 2002
Item 5: Analysis of the growth in consolidated retained earnings that segregates
total earnings growth of EWGs and FUCOs from that attributable to other
subsidiaries of Alliant Energy.
Alliant Energy Corporation
Statement of Retained Earnings
For the Three Months Ended September 30, 2002
(amounts in thousands of dollars)
Beginning balance (June 30, 2002) $ 758,460
Net income/(loss):
From EWGs and FUCOs (*) (1,492)
Other 7,807
-----------
Total net income/(loss) 44,730
Common stock dividends (45,365)
-----------
Ending balance (September 30, 2002) $ 757,825
===========
(*) Amount does not include the allocation of interest, tax or corporate expenses.
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit D
Report Period: July 1, 2002 - September 30, 2002
Item 6: A statement of revenues and net income for each EWG and FUCO for the
twelve months ending as of the end of that quarter.
For the twelve months ended September 30, 2002
--------------------------------------------------
Revenues Net Income/(Loss)
---------------------- ----------------------
Alliant Energy Operaciones de Mexico, S. de R.L. de C.V. (Inactive) - -
Alliant Energy Renewable Resources Ltd. - (381,315)
Alliant Energy Servicios de Mexico, S. de R.L. de C.V. (Inactive) - -
Anhui New Energy Heat & Power Co. Ltd. 23,336,383 3,412,714
Catleo Energia S.A. 3,134,361 (6,190,038)
Companhia de Electricidade de Nova Friburgo S.A. 18,155,606 3,303,689
Companhia Energetica da Borborema S.A. 24,640,698 (6,709,532)
Companhia Forca e Luz Cataguazes-Leopoldina S.A. 59,957,437 (29,993,341)
Empresa Energetica de Sergipe S.A. 107,738,424 (12,681,841)
Hebei Wuan Peak Heat and Power Co. Ltd. 7,580,148 873,985
Henan Anfeng Electric Power Co. Ltd. 9,394,850 976,280
Henan Yongfeng Electric Power Co. Ltd. 10,737,788 1,738,282
Infratil Ltd. (*) 53,633,732 9,440,029
Jiaxing JIES Power & Heat Co. Ltd. 12,273,902 1,744,583
LDM Utility Co., S.A. de C.V. - (3,305,231)
Shijiazhuang Chengfeng Cogeneration Co. Ltd. 8,364,100 1,191,611
Sociedade Anonima de Eletrificacao da Paraiba S.A. 119,494,801 (8,810,202)
Southern Hydro Partnership 32,330,471 8,641,692
Luannan Peak Heat & Power Company Ltd.
(f/k/a Tangshan Panda Heat & Power Co., Ltd.) 6,394,890 (514,279)
Luannan Peak Second Heat & Power Company Ltd.
(f/k/a Tangshan Pan-Western Heat & Power Co., Ltd.) 6,394,890 (514,279)
Tongxiang TIES Power & Heat Co. Ltd. 8,302,674 1,803,596
TrustPower Ltd. 256,793,231 16,407,410
Usina Termeletrica de Juiz De Fora S.A. 16,467,770 (13,726,061)
Weifang Ocean Peak Heat and Power Co. Ltd. (Inactive) - -
Zouping Peak CHP Co. Ltd. 16,056,943 1,830,453
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit E
Report Period: July 1, 2002 - September 30, 2002
Item 8: The total number of shares of Alliant Energy common stock issued or
issuable under options granted during the quarter under employment benefit
plants and dividend reinvestment plans including any employee benefit plans or
dividend reinvestment plans later adopted.
Original Issue
--------------------------------------------------------------------------
Shareowner Long-term Equity
Date Direct Plan 401K Incentive Plan
--------------------------------------------------------------------------
7/10/2002 - 18,124 -
7/15/2002 71,072 - -
7/22/2002 - 94,800 -
7/25/2002 - 13,103 -
8/05/2002 - 27,189 -
8/15/2002 359,255
8/16/2002 67,921
8/26/2002 19,343
9/03/2002 21,920
9/16/2002 109,729
9/30/2002 - 39,557 -
--------------------------------------------------------------------------
TOTALS 540,056 301,957 -
Grand Total: 842,013
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit F
Report Period: July 1, 2002 - September 30, 2002
Item 9: If a guaranty is issued during the quarter, the name of the
guarantor, the name of the beneficiary of the guaranty and the amount,
terms and purpose of the guaranty.
Date Of
Issue/ Amount
Guarantor On Behalf Of Purpose Name of Guaranteed Party Amendment Expiration Guaranteed
-----------------------------------------------------------------------------------------------------------------------------------
Resources NG Energy Natural Gas/Oil Purchases & Wisconsin Electric Power 7/10/2002 6/10/2003 $ 3,000,000
Trading, LLC Sales/Derivatives Company and Wisconsin
Gas Company
Resources NG Energy Natural Gas/Oil Purchases & BP Canada Energy 7/30/2002 12/31/2002 $ 5,000,000
Trading, LLC Sales/Derivatives Marketing Corp.
Resources NG Energy Natural Gas/Oil Purchases & TXU Energy Trading 7/31/2002 7/31/2003 $ 5,000,000
Trading, LLC Sales/Derivatives Company LP
Resources NG Energy Natural Gas/Oil Purchases & Entergy-Koch Trading, LP 8/08/2002 8/08/2003 $ 7,500,000
Trading, LLC Sales/Derivatives
Resources NG Energy Natural Gas/Oil Purchases & Virginia Power Energy 9/16/2002 9/16/2003 $ 5,000,000
Trading, LLC Sales/Derivatives Marketing, Inc.
Resources SmartEnergy, Inc. Natural Gas Purchases TXU Energy Retail Company LP 7/25/2002 7/25/2003 $ 1,000,000
Resources SmartEnergy, Inc. Energy, Ancillary & New York Independent 8/19/2002 4/25/2003 $ 13,100,000
Transmission Purchases & System Operator, Inc.
Unforced Capacity
Alliant
Energy Resources Bridge Loan Wachovia Bank, NA 8/06/2002 11/30/2002 $100,000,000
Amount
Guarantor On Behalf Of Purpose Name of Guaranteed Party Period Guaranteed
-----------------------------------------------------------------------------------------------------------------------------------
Bonds:
Alliant Energy Cogenex Energy Savings Central Maine Power 8/31/02-8/31/03 $ 210,000
Alliant Energy RMT Performance Bond Aramark job accepted 8/01/02-8/01/03 $ 247,221
in maintenance
Alliant Energy RMT Underground tank City of West Lake Hills 7/12/02-7/12/03 $ 10,000
removal
Alliant Energy Whiting Oil & Gas State of Oklahoma 8/26/02-8/26/03 $ 25,000
Alliant Energy Whiting Owners Blanket Bond State of Wyoming 8/12/02-8/12/03 $ 25,000
Alliant Energy Whiting Nationwide oil & gas US Dept of the Interior 8/07/02-8/07/03 $ 150,000
Alliant Energy Whiting Heavy Load Bond Brazoria County 7/27/02-7/27/03 $ 50,000
Alliant Energy Whiting Nationwide oil & gas Bureau of Indian Affairs 7/25/02-7/25/03 $ 75,000
Alliant Energy Whiting Ohio Blanket Oil State of Ohio 7/11/02-7/11/03 $ 15,000
& Gas Bond
Alliant Energy Whiting Michigan Blanket State of Michigan 7/11/02-7/11/03 $ 250,000
Well Bond
Alliant Energy WP&L/AECS Worker's Comp Bond State of Wisconsin 7/01/02-7/01/03 $ 500,000
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit G
Report Period: July 1, 2002 - September 30, 2002
Item 16: A table showing, as of the end of the quarter, the dollar and
percentage components of the capital structure of Alliant Energy on a
consolidated basis and of each Utility Subsidiary.
Consolidated Statements of Capitalization Interstate Power and Wisconsin Power and
September 30, 2002 Alliant Energy Corporation Light Company Light Company
(amounts in thousands of dollars)
Amounts Percentages Amounts Percentages Amounts Percentages
--------------------------- ---------------------------- ----------------------------
Common equity $ 1,770,269 35.53% $ 888,670 49.37% $ 709,543 51.63%
Cumulative preferred stock 59,963 1.20% - 0.00% 59,963 4.36%
Consolidated debt (1) 3,152,410 63.27% 911,438 50.63% 604,776 44.01%
---------------------------- ---------------------------- ----------------------------
$ 4,982,642 100.00% $ 1,800,108 100.00% $ 1,374,282 100.00%
============================ ============================ ============================
(1)
Long-term debt (excluding current portion) $ 2,612,037 $ 857,637 $ 468,176
Current maturities and sinking funds 61,181 2,680 -
Variable rate demand bonds 55,100 - 55,100
Commercial paper 298,945 - 81,500
Notes payable to associated companies - 51,121 -
Other short-term borrowings 125,147 - -
-------------- --------------- ----------------
$ 3,152,410 $ 911,438 $ 604,776
============== =============== ================
Alliant Energy Corporation
Certificate Pursuant to Rule 24
Exhibit H
Report Period: July 1, 2002 - September 30, 2002
Item 17: A retained earnings analysis of Alliant Energy on a consolidated basis
and of each Utility Subsidiary detailing gross earnings, goodwill amortization,
dividends paid out of each capital account and the resulting capital account
balances at the end of the quarter.
Statement of Retained Earnings
For the Three Months Ended September 30, 2002
(amounts in thousands of dollars)
Alliant Energy
Interstate Power Wisconsin Power Corporation
and Light Company and Light Company Consolidated
Beginning balance (June 30, 2002) $ 355,001 $ 378,649 $ 758,460
Gross earnings (1) 44,259 18,323 44,730
Goodwill amortization (2) - - -
Common stock dividends (20,085) (14,588) (45,365)
---------------------------------------------------------------------
Ending balance (September 30, 2002) $ 379,175 $ 382,384 $ 757,825
=====================================================================
(1) Gross earnings is defined as net income excluding goodwill amortization.
(2) Pursuant to the adoption of FAS142 on January 1, 2002, Alliant Energy
Corporation and its consolidated subsidiaries ceased the amortization of
goodwill.