SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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In the Matter of
Alliant Energy Corporation, et al. CERTIFICATE
PURSUANT TO
File No. RULE 24
(Public Utility Holding Company Act of 1935)
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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. 70-9455. These
transactions were authorized by order of the Securities and Exchange Commission
(the "Commission") dated August 26, 1999 (the "Order"). The Applicants hereby
certify the matters set forth below pursuant to Rule 24 of the rules under the
Act:
a. The sales of Common Stock of Alliant Energy and the purchase price per
share and the market price per share at the date of the agreement of sale.
ANSWER:
10/16/00 14,863 shares $30.1959 per share
11/15/00 179,270 shares $30.6379 per share
12/15/00 15,123 shares $30.4246 per share
Shares shown above were issued pursuant to the Company's Shareowner Direct
Plan. Shares were credited to Plan participant's accounts at the prices shown.
This price represents the aggregate price of open market purchases for the
investment dates.
b. The total number of shares of Alliant Energy Common Stock issued or
issuable under options granted during the quarter under Alliant Energy's benefit
plans or otherwise.
ANSWER: Stock options exercised under the Alliant Energy Long-Term Equity
Incentive Plan:
Date: 12/28/00
Number of Shares: 2,700
Exercise Price: $27.50
c. If 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 to the acquiror.
ANSWER: NONE
d. The names of the guarantors and of the beneficiary of any Guaranteed
Note, Alliant Energy Guarantee or Non-utility Subsidiary Guarantee issued during
the quarter, and the amount, terms and purpose of the guarantee.
ANSWER:
The guarantees issued can be summarized as follows:
Guarantor On behalf of Purpose Nominal Amounts
Alliant Cargill- Bulk power $13,475,000*
Energy Alliant purchases/sales
Alliant EUA Cogenex Guarantee of $75,000,000
Energy Corp. Discounting
Facility
Alliant Iowa Land and Guarantee of $ 2,650,000
Energy Building Company Lease Payments
Alliant Various Performance $14,381,194
Energy Subsidiaries bonds, etc.
Resources Argo Power, LLC Turbine $45,000,000**
Purchases
Resources Southern Hydro Guarantee of $9,780,318***
Operations Subordinated
Pty Ltd Debt Facility
* Alliant Energy is liable for 50% of total combined guarantees issued by
Alliant Energy and Cargill on behalf of Cargill-Alliant.
** This guarantee was actually issued in the third quarter of 2000.
*** This guarantee is actually for Australian dollars 18,765,000, which is
equivalent to U.S. dollars 9,780,318 at an exchange rate of
USD 0.5212 / AUD 1.
See EXHIBIT A-1 attached for additional details.
e. The amount and terms of any Debentures issued during the quarter.
ANSWER: None.
f. The amount and terms of any financings consummated by any Nonutility
Subsidiary during the quarter that are not exempt under Rule 52.
ANSWER: None.
g. The notional amount and principal terms of any Interest Rate Hedge or
Anticipatory Hedge entered into during the quarter and the identity of the
parties to such instruments.
ANSWER: None.
h. The name, parent company, and amount invested in any new Intermediate
Subsidiary, Financing Subsidiary, Energy Asset Subsidiary during the quarter.
ANSWER:
Name Parent Amount Invested
Alliant Energy Hydro Alliant Energy $47,689,800*
Pty Ltd. Australia Pty Ltd.
* The amount of this investment was actually Australian dollars 91,500,000,
which is equivalent to U.S. dollars 47,689,800 at an exchange rate
of USD 0.5212 / AUD 1.
i. A list of U-6B-2 forms (Certificate of the issuance, renewal or
guarantee of a security exempted from provisions of Section 6(a)) filed with the
Commission during the quarter, including the name of the filing entity and the
date of filing.
ANSWER:
Alliant Energy Resources, Inc. November 14, 2000
j. 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: See EXHIBIT B attached.
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
By: ______________________________
Name: Enrique Bacalao
Title: Assistant Treasurer
March 30, 2001
Exhibit A-1
Detail of the Guarantees issued during the quarter ending 12/31/00
Date Of Date of Amount
Guarantor On Behalf Of Purpose Name of Guaranteed Party Guarantee Expiration Guaranteed
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Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales British Columbia Hydro & Power Auth. 10/10/2000 10/29/2001 $ 200,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales City of Santa Clara/Silicon 10/10/2000 10/22/2001 $1,000,000
Valley Power
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales DTE Energy Trading, Inc. 10/12/2000 08/01/2001 $3,000,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales The Detroit Edison Company 10/12/2000 05/30/2001 $1,000,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales Missouri River Energy Services 10/20/2000 10/20/2001 $ 500,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales Seattle City Light 11/03/2000 11/03/2001 $1,000,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales Puget Sound Energy, Inc. 11/15/2000 12/03/2001 $ 750,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales Entergy Services Inc. 12/13/2000 12/01/2001 $2,000,000
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales Public Utility District #1 12/18/2000 01/03/2002 $ 500,000
of Snohomish Cty
Alliant Energy Cargill-Alliant Bulk Power Purchase/Sales TransCanada Power 12/19/2000 01/07/2002 $2,000,000
------------
$11,950,000
============
Cargill Cargill-Alliant Bulk Power Purchase/Sales Ameren Energy, Inc. 10/09/2000 10/09/2001 $1,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales Enron Power Marketing 11/27/2000 11/27/2001 $8,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales Koch Energy Trading, Inc. 12/14/2000 12/14/2001 $2,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales Morgan Stanley Capital Group, Inc. 11/16/2000 11/16/2001 $1,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales OGE Energy Resources, Inc. 11/16/2000 11/16/2001 $ 500,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales PP&L Montana, LLC 12/14/2000 12/14/2001 $1,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales South Carolina Electric & Gas Co 12/08/2000 12/08/2001 $1,000,000
Cargill Cargill-Alliant Bulk Power Purchase/Sales Split Rock Energy LLC 12/10/2000 10/12/2001 $ 500,000
------------
$15,000,000
============
Total Cargill & Alliant Energy Combined * $26,950,000
Alliant Energy Liability is 50% of Total Cargill & Alliant Energy Guarantees Combined $13,475,000
Alliant Energy EUA Cogenex Corp. Guarantee of Fleet Business Credit Corp. 12/29/2000 NA $75,000,000
discounting facility
Alliant Energy Iowa Land and Guarantee of lease payments BLC Corporation 10/16/2000 NA $ 2,650,000
Building Company
Resources Argo Power, LLC Turbine purchases General Electric Company 08/18/2000** 02/27/2001 $45,000,000
Resources Southern Hydro Guarantee of Subordinated Commonwealth Bank of Australia 10/31/2000 03/30/2001 $ 9,780,318 ***
Operations Debt Facility Macquarie Bank
Pty Ltd.
* This amount includes amendments and renewals of existing guarantees issued during the quarter.
**This guarantee was actually issued in the third quarter of 2000.
***This guarantee is actually for Australian dollars 18,765,000, which is equivalent to U.S. dollars 9,780,318
at an exchange rate of USD 0.5212 / AUD 1 .
Exhibit B
ALLIANT ENERGY CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
Year Ended December 31,
2000 1999 1998
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(in thousands, except per share amounts)
Operating revenues:
Electric utility $1,648,036 $1,548,938 $1,567,442
Gas utility 414,948 314,319 295,590
Non-regulated and other 342,000 264,716 267,842
--------------- -------------- --------------
2,404,984 2,127,973 2,130,874
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Operating expenses:
Electric and steam production fuels 288,621 262,305 297,685
Purchased power 294,818 255,446 255,332
Cost of utility gas sold 278,734 180,519 166,453
Other operation and maintenance 734,675 669,111 742,971
Depreciation and amortization 322,334 279,088 279,505
Taxes other than income taxes 104,746 104,969 105,626
---------- ---------- ----------
2,023,928 1,751,438 1,847,572
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Operating income 381,056 376,535 283,302
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Interest expense and other:
Interest expense 173,614 136,229 129,363
Allowance for funds used during construction (8,761) (7,292) (6,812)
Preferred dividend requirements of subsidiaries 6,713 6,706 6,699
Gain on reclassification of investments (321,349) - -
Gains on sales of McLeodUSA Inc. stock (23,773) (40,272) -
Miscellaneous, net (66,158) (35,903) (736)
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(239,714) 59,468 128,514
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Income before income taxes 620,770 317,067 154,788
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Income taxes 238,816 120,486 58,113
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Income before cumulative effect of a change in
accounting principle, net of tax 381,954 196,581 96,675
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Cumulative effect of a change in accounting
principle, net of tax 16,708 - -
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Net income $398,662 $196,581 $96,675
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Average number of common shares outstanding - basic 79,003 78,352 76,912
========== ========== ==========
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Earnings per average common share - basic:
Income before cumulative effect of a change
in accounting principle $4.84 $2.51 $1.26
Cumulative effect of a change in accounting principle 0.21 - -
---------- ---------- ----------
Net income $5.05 $2.51 $1.26
========== ========== ==========
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Average number of common shares outstanding - diluted 79,193 78,395 76,929
========== ========== ==========
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Earnings per average common share - diluted:
Income before cumulative effect of a change
in accounting principle $4.82 $2.51 $1.26
Cumulative effect of a change in accounting principle 0.21 - -
---------- ---------- ----------
Net income $5.03 $2.51 $1.26
========== ========== ==========
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Dividends declared per common share $2.00 $2.00 $2.00
========== ========== ==========
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The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
ALLIANT ENERGY CORPORATION
CONSOLIDATED BALANCE SHEETS
ASSETS December 31,
2000 1999
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(in thousands)
Property, plant and equipment:
Utility -
Plant in service -
Electric $5,203,069 $5,032,675
Gas 574,390 540,874
Other 474,116 458,547
------------ ------------
6,251,575 6,032,096
Less - Accumulated depreciation 3,296,546 3,077,459
------------ -----------
2,955,029 2,954,637
Construction work in progress 130,856 119,276
Nuclear fuel, net of amortization 61,935 54,363
------------ -----------
3,147,820 3,128,276
Other property, plant and equipment, net of accumulated
depreciation and amortization of $209,072 and 571,487 357,758
$184,722, respectively ------------ ------------
3,719,307 3,486,034
------------ ------------
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Current assets:
Cash and temporary cash investments 148,415 113,669
Accounts receivable:
Customer, less allowance for doubtful accounts
of $3,762 and $2,253, respectively 122,895 67,299
Unbilled utility revenues 124,515 48,033
Other, less allowance for doubtful accounts
of $484 and $954, respectively 45,829 30,095
Notes receivable, less allowance for doubtful
accounts of $484 and $153, respectively 9,968 6,328
Production fuel, at average cost 46,627 49,657
Materials and supplies, at average cost 55,930 52,440
Gas stored underground, at average cost 41,359 23,151
Regulatory assets 29,348 33,439
Prepaid gross receipts tax 23,088 20,864
Other 63,007 41,011
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710,981 485,986
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Investments:
Investment in available-for-sale securities of McLeodUSA 569,951 1,123,790
Inc.
Investment in trading securities of McLeodUSA Inc. 220,912 -
Investments in unconsolidated foreign entities 507,655 198,055
Nuclear decommissioning trust funds 307,940 271,258
Other 132,203 59,866
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1,738,661 1,652,969
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Other assets:
Regulatory assets 270,779 263,610
Deferred charges and other 294,038 187,084
------------ -----------
564,817 450,694
------------ -----------
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Total assets $6,733,766 $6,075,683
============= ============
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The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
ALLIANT ENERGY CORPORATION
CONSOLIDATED BALANCE SHEETS(Continued)
December 31,
CAPITALIZATION AND LIABILITIES 2000 1999
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(in thousands)
Capitalization(See Consolidated Statements of Capitalization):
Common stock $790 $790
Additional paid-in capital 947,504 942,408
Retained earnings 818,162 577,464
Accumulated other comprehensive income 271,867 634,903
Shares in deferred compensation trust (851) -
--------------- ---------------
Total common equity 2,037,472 2,155,565
--------------- ---------------
Cumulative preferred stock of subsidiaries, net 113,790 113,638
Long-term debt (excluding current portion) 1,910,116 1,486,765
--------------- ---------------
4,061,378 3,755,968
--------------- ---------------
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Current liabilities:
Current maturities and sinking funds 92,477 54,795
Variable rate demand bonds 55,100 55,100
Commercial paper 283,885 374,673
Notes payable 50,067 50,046
Other short-term borrowings 110,783 -
Accounts payable 296,959 191,149
Accrued taxes 87,484 78,825
Other 177,580 129,037
--------------- ---------------
1,154,335 933,625
--------------- ---------------
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Other long-term liabilities and deferred credits:
Accumulated deferred income taxes 931,675 1,018,482
Accumulated deferred investment tax credits 67,364 71,857
Derivative liability 181,925 -
Environmental liabilities 64,532 65,327
Pension and other benefit obligations 65,399 61,988
Other 207,158 168,436
--------------- ---------------
1,518,053 1,386,090
--------------- ---------------
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Commitments and contingencies(Note 11)
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Total capitalization and liabilities $6,733,766 $6,075,683
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The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.