106 FERC ¶ 61,113 

UNITED STATES OF AMERICA 

FEDERAL ENERGY REGULATORY COMMISSION 

18 CFR Parts 141, 260, 357 and 375 

(Docket No. RM03-8-000) 

Quarterly Financial Reporting and Revisions to the Annual Reports 

(Issued February 11, 2004) 

AGENCY: Federal Energy Regulatory Commission. 

ACTION: Final Rule. 

SUMMARY: The Federal Energy Regulatory Commission (FERC or Commission) is 

amending its financial reporting regulations to establish new quarterly financial reporting 

for respondents that file FERC Annual Reports. The Commission is updating its 

financial annual reporting requirements to add new schedules on ancillary services, 

electric transmission peak loads, and is updating the statistical classifications reported on 

certain schedules. The Commission is also updating the corporate officer’s certification 

for the FERC Annual Reports, modifying filing dates, allowing respondents to submit the 

CPA certification electronically, and eliminating the cash management notification 

requirement. 

 This Final Rule will improve the usefulness and transparency of financial 

information submitted to the Commission. The increased frequency of financial 

reporting will help the Commission identify and evaluate emerging trends, business 

conditions and financial issues affecting reporting entities. Additionally, the information 

contained in the quarterly financial reports will identify the economic effects of 

significant transactions and events, allow more timely evaluations of the adequacy of 

existing cost-based rates, and aid in the development of needed changes to existing 

regulatory initiatives. Finally, more frequent and transparent financial reporting resulting 

from this Final Rule will help the Commission achieve its goal of vigilant oversight over 

reporting entities. 

EFFECTIVE DATE: The rule will become effective [insert date that is 30 days after 

publication in the FEDERAL REGISTER]. 
FOR FURTHER INFORMATION CONTACT: 

Mark Klose (Project Manager) 

Office of the Executive Director 

Federal Energy Regulatory Commission 

888 First Street, N.E., 

Washington D.C. 20426 

(202) 502-8283 

Julie Kuhns (Technical Information) 

Office of the Executive Director 

Federal Energy Regulatory Commission 

888 First Street, N.E., 

Washington D.C. 20426 

(202) 502-6287 

Christopher Bublitz (Technical Information) 

Office of Administrative Litigation 

Federal Energy Regulatory Commission 

888 First Street, N.E., 

Washington D.C. 20426 

(202) 502-8542 

Julia Lake (Legal Information) 

Office of the General Council 

Federal Energy Regulatory Commission 

888 First Street, N.E., 

Washington D.C. 20426 

(202) 502-8370 

SUPLEMENTARY INFORMATION: 

I. INTRODUCTION

II. BACKGROUND

III. DISCUSSION

A. General 

B. Quarterly Financial Reports 

1. Basic Set of Financial Statements 

2. Other Selected Financial Information 

3. Management Discussion and Analysis 

4. Notes to the Financial Statements 

5. Filing Dates for the Quarterly Financial Reports 
6. Certified Public Accountant Review Letter 

7. Exemption Requests 

C. Updates to the FERC Annual Reports 

1. Filing Dates for the FERC Annual Reports 

2. Ancillary Services 

3. Electric Transmission Peak Loads 

4. Statistical Classifications 

5. Selected Fourth Quarter Data in FERC Annual Reports 

D. Corporate Officer Certification 

1. Quarterly Financial Reports 

2. FERC Annual Reports 

E. Miscellaneous Matters 

1. Fiscal Year Reporting 

2. Expand Data Collection in FERC Annual Reports 

3. Requests for a Technical Conference 

F. Elimination of the Cash Management Notification Reports 

IV. REGULATORY FLEXIBILTY ACT CERTIFICATION

V. ENVIRONMENTAL IMPACT STATEMENT

VI. INFORMATION COLLECTION STATEMENT

VII. DOCUMENT AVAILABILITY

VIII. EFFECTIVE DATE AND CONGRESSIONAL NOTIFICATION

 REGULATORY TEXT

 APPENDIX A-LIST OF COMMENTERS

 APPENDIX B-QUARTELY FINANCIAL REPORTS

 APPENDIX C-NEW SCHEDULES ADDED TO THE ANNUAL REPORTS 
106 FERC ¶ 61,113 

UNITED STATES OF AMERICA 

FEDERAL ENERGY REGULATORY COMMISSION 

Before Commissioners: Pat Wood, III, Chairman; 

 Nora Mead Brownell, Joseph T. Kelliher, 

 and Suedeen G. Kelly. 

Quarterly Financial Reporting and Docket No. RM03-8-000 

 Revisions to the Annual Reports 

ORDER NO. 646 

FINAL RULE 

(Issued February 11, 2004) 

I. INTRODUCTION 

1. The Federal Energy Regulatory Commission is amending its financial reporting 

regulations. In a Notice of Proposed Rulemaking issued on June 26, 2003, the 

Commission proposed to amend its financial reporting regulations for public utilities and 

licensees,1

 natural gas companies,2 and oil pipeline companies,3 by establishing new 

quarterly financial reporting for jurisdictional entities. Additionally, the Commission 

proposed changes to the FERC Annual Report Forms 1, 1-F, 2, 2-A, and 6 by adding new 

reporting requirements, updating the corporate officer’s certification requirements and 

accelerating the filing dates for all filers of the FERC Annual Reports.4

 The proposed 

changes to the FERC Annual Reports were made primarily to achieve symmetry in these 

areas with the requirements for the proposed quarterly financial reports. 

 

 1

 Part 141 Statements and Reports (Schedules). See 18 CFR Part 141. 

2

 Part 260 Statements and Reports (Schedules). See 18 CFR Part 260. 

3

 Part 357 Annual Special or Periodic Reports: Carriers Subject to Part 1 of the 

Interstate Commerce Act. See 18 CFR Part 357. 

4

 The FERC Annual Reports bear the following OMB approval control numbers: 

Form 1 has OMB approval number 1902-0021; Form 1-F has OMB approval number 

1092-0029; Form 2 has OMB approval number 1902-0028; Form 2-A has OMB approval 

number 1902-0030; and Form 6 has OMB approval number 1092-0022. 
Docket No. RM03-8-000 - 2 - 

2. After carefully considering the comments received, the Commission has 

determined that a Final Rule revising its financial reporting regulations should be issued. 

The purpose of this Final Rule is to improve the usefulness and transparency of financial 

information provided to the Commission. The Final Rule contains significant 

modifications from the Notice of Proposed Rulemaking (NOPR) based upon comments 

received.5

 These changes should greatly reduce the administrative burden cited by filers 

of the quarterly financial reports, and the FERC Annual Reports, while providing the 

Commission with greater transparency of financial information from these respondents. 

The increased frequency and transparency of financial reporting will help the 

Commission identify and evaluate emerging trends, business conditions and financial 

issues affecting regulated entities. 

II. BACKGROUND 

3. Financial accounting and reporting provides needed information concerning a 

company’s past performance and its future prospects. Without reliable financial 

statements prepared in accordance with the Commission’s Uniform Systems of Accounts 

and related regulations, the Commission would be unable to accurately determine the 

costs that relate to a particular time period, service, or line of business.6

 Additionally, it 

would be difficult to determine whether a given entity has previously been given the 

opportunity to recover its costs through rates, or to compare how the financial 

performance and results of operations of one regulated entity relates to that of another. 

 

4. The need for current and better disclosures in financial statements drives the 

increasing demand for timely, relevant and reliable financial information. In order to 

improve the timeliness and the transparency of the financial information for FERC 

jurisdictional entities, the Commission proposed the filing of quarterly financial reports 

by respondents that file FERC Annual Report Forms 1, 1-F, 2, 2-A, or 6. Additionally, to 

strengthen the reliability of the information, the Commission proposed to update its 

corporate officer certification contained in the financial reports. 

5. The two new financial reports proposed in the NOPR were the FERC Form No. 

3-Q, Quarterly Financial Report of Electric Companies, Licensees, and Natural Gas 

 5

 68 FR 40339 (July 7, 2003), IV FERC Stats. & Regs. ¶ 32,571 (June 26, 2003). 

6

 Part 101 Uniform System of Accounts Prescribed for Public Utilities and 

Licensees Subject to the Provisions of the Federal Power Act. See 18 CFR Part 101 

(2003). Part 201 Uniform System of Accounts Prescribed for Natural Gas Companies 

Subject to the Provisions of the Natural Gas Act. See 18 CFR Part 352 (2003). Part 352 

Uniform System of Accounts Prescribed for Oil Pipeline Companies Subject to the 

Provisions of the Interstate Commerce Act. See 18 CFR Part 352 (2003). 
Docket No. RM03-8-000 - 3 - 

Companies, and the FERC Form No. 6-Q, Quarterly Financial Report of Oil Pipeline 

Companies. These two new quarterly financial reports would act as a supplement to the 

existing FERC Annual Reports by collecting basic financial information and certain 

financial related information from jurisdictional entities. 

6. Additionally, as part of the Commission effort to update its financial reporting 

regulations, the NOPR proposed changes to the FERC Annual Report Forms 1, 1-F, 2, 

2-A, and 6. The proposed changes to the FERC Annual Reports included the reporting of 

selected fourth quarter financial data, adding a new management discussion and analysis 

(MD&A) schedule, adding new schedules to collect data on ancillary services and 

electric transmission peak load, updating the statistical classifications, allowing 

respondents to submit the annual CPA certification electronically, updating the corporate 

officer certification, and modifying the filing dates. 

III. DISCUSSION

A. General 

7. The Commission received 74 comments from users and jurisdictional entities that 

file FERC Annual Reports.7

 Users of the FERC Annual Reports were generally 

supportive of the Commission’s proposal to require more timely, relevant, reliable, and 

transparent financial reporting from jurisdictional entities while respondents raised major 

concerns about the additional administrative burden they would experience to gather, 

review, certify and submit the required information within the proposed time frames. 

After careful consideration of all the comments received, the Commission is adopting 

quarterly financial reporting and changes to the FERC Annual Reports as proposed in the 

NOPR, with certain modifications and clarifications as discussed below. The 

Commission is confident that the Final Rule strikes the appropriate balance between the 

administrative burden placed on respondents and the benefits achieved through more 

frequent, transparent, and reliable reporting of financial information. 

B. Quarterly Financial Reports 

8. Under the proposed rule, a jurisdictional entity filing a FERC Annual Report 

would be required to file a basic set of financial statements on a quarterly basis prepared 

in accordance with the Commission’s Uniform Systems of Accounts and related 

regulations. Additionally, as part of collecting a basic set of financial statements on a 

quarterly basis, the Commission proposed to collect certain information on matters that 

respondents report on an annual basis. 

 7

 See Appendix A for List of Commenters. 
Docket No. RM03-8-000 - 4 - 

9. For the reasons discussed below, the Commission will require the submission of a 

basic set of financial statements and other selected data to be included in the quarterly 

financial reports. The Commission will also modify the proposed filing dates, the 

requirements for the notes to the financial statements, and the corporate officer 

certification statement. 

10. The Commission will not include as part of the Final Rule the requirement that 

respondents include an MD&A schedule, or the requirement that respondents submit a 

copy of a CPA review letter if they had the FERC quarterly report reviewed by their 

external accountant. Finally, the Commission will not include the requirement that 

respondents report fourth quarter data separately from the annual data in the FERC 

Annual Reports. 

 

 1. Basic Set of Financial Statements

11. The basic financial statements proposed to be included in the quarterly financial 

reports were the Comparative Balance Sheet, the Statement of Income and Retained 

Earnings, the Statement of Cash Flows, and the Statement of Other Comprehensive 

Income and Hedging Activities. 

 

 Comments Received

 

12. State regulatory bodies and others that rely on the accounting information to 

develop and monitor the rates paid for services are generally supportive of the changes in 

reporting, and view the proposal as essential for the Commission to achieve its stated 

purpose of providing more vigilant oversight though more timely reporting of financial 

information. Additionally, these commenters state that while a number of state utility 

regulatory commissions have quarterly and even monthly financial reporting 

requirements, the Commissions proposal provides more consistent and standardized 

reporting, and provides the needed financial information from FERC-jurisdictional 

entities at a level of detail that is not obtainable from other sources.8

 NARUC agrees 

with FERC that while some jurisdictional entities may file similar information with the 

U. S. Securities and Exchange Commission (SEC), the level of detail concerning assets, 

liabilities, stockholders equity along with the revenues, expenses, gains, and losses is 

different for FERC and SEC reporting. Finally, NARUC believes the FERC proposal 

improves the financial reporting by public utilities on a jurisdictional basis that is most 

useful to FERC and the different State commissions. 

 8

 See APGA at 2 and 3; ISO/RTO Council at 2 and 3; Missouri PSC at 3 and 

NARUC at 2. 
Docket No. RM03-8-000 - 5 - 

13. Comments filed by AOPL and INGAA concerning the administrative burden 

jurisdictional entities would incur if required to comply with certain aspects of the 

proposal included statistics that also support the view that financial information is not 

readily available from public sources such as the SEC. AOPL states that of the 194 oil 

pipeline companies with tariffs on file at the FERC, only three file reports under SEC 

rules. AOPL states that an equal number of pipelines are privately held and have no SEC 

reporting requirements. And the remainder fall somewhere in between, supporting one or 

more direct or indirect parents having SEC reporting requirements. INGAA states that 

only 20 percent of their members are SEC filers. 

Commission Response

14. As the commenters correctly observe, the financial information required by the 

Commission may not be readily available from other public sources because many FERC 

jurisdictional entities do not file financial statements with the SEC. For example, a 

company may be exempt from SEC reporting if it has no registered securities on a 

national securities exchange, or if its total assets are less than $10 million with a class of 

equity securities held by less than 500 persons. Additionally, a company may not file 

financial information with the SEC if it is privately held, or if it is a cooperative. 

15. Additionally, those companies that do make public filings may consolidate their 

regulated and unregulated operations, or report the data in such a manner that is not 

consistent with the Commission’s Uniform Systems of Accounts and related regulations. 

There may be differences in the manner in which certain transactions and events are 

displayed for stockholder reporting and to the Commission. These reporting differences 

may result from differences in reporting classifications prescribed by the Commission’s 

Uniform Systems of Accounts, as well as the detailed schedules and related disclosure 

requirements contained in the FERC Annual Reports.9

 These differences arise from the 

Commission’s need to develop and monitor cost based rates, analyze costs of different 

services and classes of assets, and to compare costs across lines of business. 

16. Based upon the comments received, it is abundantly clear that the financial 

information filed with this Commission represents, in most cases, the only source of 

financial data presented in a format and detail suitable for the Commission to exercise its 

duties and responsibilities under the Federal Power, Natural Gas, and Interstate 

Commerce Acts. Therefore, the Commission will require jurisdictional entities to 

supplement their FERC Annual Reports with the filing of quarterly financial reports as 

 9

 See, e.g., AOPL’s Appendix C; EEI at 8 and 9; NiSource at 19 and Shell 

Pipeline’s Attachment A. 
Docket No. RM03-8-000 - 6 - 

proposed in the NOPR. The basic financial statements to be included in the quarterly 

financial reports are the Comparative Balance Sheet, the Statement of Income and 

Retained Earnings, the Statement of Cash Flows, and the Statement of Other 

Comprehensive Income and Hedging Activities. 

 

17. The information contained in the quarterly financial reports will identify the 

economic effects of significant transactions and events, allow staff to evaluate the 

adequacy of existing cost-based rates, and aid in the development of needed changes to 

existing regulatory initiatives. This information will strengthen the Commission’s 

ongoing activities in identifying emerging trends, and in identifying the impacts that new 

accounting standards, or changes in existing accounting standards, have on respondents. 

2. Other Selected Financial Information

18. In addition to requiring respondents to file a basic set of financial statements, the 

NOPR proposed that certain detailed information be filed with the Commission. The 

information sought in the supplementary schedules was not new information, rather it is 

the same information already submitted by respondents on an annual basis in the FERC 

Annual Reports. The supplementary information includes revenues and the related 

quantities of product sold or transported, the account balances for various operating and 

maintenance expenses, selected plant cost data, and information concerning the nature of 

regulatory assets and liabilities being created or amortized during the period. 

 

 Comments Received

 

19. While some commenters support the proposal, many do not believe this level of 

account detail is needed. They urge the Commission to remove the supporting financial 

and related information. Some commenters state that the information is difficult to 

collect within a quarterly deadline and not necessary to monitor trends within the industry 

on an interim basis.10 Some comment that, due to the filing dates, some of the amounts 

will need to be estimated because the actual data will not be available until after the filing 

deadline.11 Chevron states that certain information of liquid volumes transported by type, 

the specifics of its state of origin and its destination would be difficult to compile on a 

quarterly basis because it does not currently maintain this information in a format that 

readily lends itself to quarterly reporting. 

 10 See, e.g., Arizona at 5; Detroit Ed at 4; EEI at 12; Entergy at 3 and MidAmerica 

at 2. 

11 See Arizona at 5 and EEI at 12. 
Docket No. RM03-8-000 - 7 - 

20. Finally, some commenters suggest alternatives to the schedules proposed in the 

NOPR by requiring the reporting of key information that they believe materially affects 

equity, financing, business structure or the operations of the regulated entity. Examples 

of the information commenters recommend reporting include acquisitions, divestures and 

abandonments, new financing arrangements, hedges and derivatives, and pipeline 

shutdowns.12 

 Commission Response

21. Congress granted the Commission authority to prescribe periodic financial and 

non-financial reporting.13 All jurisdictional entities subject to the Commission’s 

accounting and financial reporting regulations are required to keep their books and 

records in such a manner as to permit the preparation of financial and operating 

statements directly from such records at the end of each accounting period according to 

the prescribed accounts. Furthermore, the accounting period prescribed by the Uniform 

Systems of Accounts is a calendar month.14 Consequently, the Commission’s existing 

regulations require jurisdictional entities to have accounting and financial reporting 

systems in place to readily prepare financial and operating statements summarized on a 

monthly basis. Therefore, it should not be unduly burdensome for these entities to 

prepare and report on account activity on a monthly, quarterly, or annual basis when 

required to do so by this Commission. 

 

22. The supplemental schedules provide important details regarding the types and 

sources of revenues, the category and types of costs incurred, the assets and utility 

investments made by the respondent, significant new borrowings incurred during the 

period, as well as information about the establishment and disposition of regulatory assets 

and liabilities during the period. The reporting of this detailed information allows 

Commission staff to better understand emerging trends experienced by the respondents, 

and the economic impact that significant transactions, events, and regulatory initiatives 

have on regulated operations. Additionally, this level of detailed reporting helps ensure 

that emerging financial trends are not masked due to the consolidation of various account 

 12 See, e.g., AOPL at 26. 

13 Authority granted to the Commission pursuant to sections 4, 304 and 309 of the 

Federal Power Act, sections 10(a) and 16 of the Natural Gas Act, and section 20 of the 

Interstate Commerce Act. See 16 U.S.C. 797, 825c and 825h; 15 U.S.C. 717i(a) and 

717o; and 49 App. U.S.C. 1-85 (1988). 

14 See 18 C.F.R. Parts 101 and 201, General Instruction 3(c) and 4, for the 

accounting period and financial statement requirements of public utilities and licensees, 

and natural gas companies, and 18 C.F.R. Part 352, General Instruction 1-3, for the 

accounting period and financial statement requirements of oil pipeline companies. 
Docket No. RM03-8-000 - 8 - 

balances. Finally, this level of detail along with the related notes contained in the reports 

will allow the Commission to better monitor the adequacy of cost based rates on a more 

timely basis, and to monitor the respondents’ overall compliance with Commission 

regulations. 

23. The collection of selected or fragmented data, as urged by some commenters, will 

not provide a complete financial picture of how certain events or transactions have 

impacted the financial condition or results of operations of the jurisdictional entity. Nor 

will reporting changes for only a selected or isolated set of transactions or events provide 

the Commission with the means to view the matter in a complete financial context. 

Selected reporting will not allow for the comparability of those economic effects among 

others within the same industry, or provide reasonable assurance that emerging trends 

affecting the respondents will be reported. Finally, under the alternative approach, it will 

be extremely difficult to create an exhaustive listing of transactions or events that should 

be reported, or what particular aspects of any particular transaction or event should be 

disclosed. Therefore, the Commission declines to adopt the commenter’s alternative 

approach to the supplemental schedules. 

 

3. Management Discussion and Analysis

24. The Commission proposed to include a new schedule to the quarterly and annual 

reports entitled Management’s Discussion and Analysis of Financial Condition and 

Results of Operation (commonly referred to as the “MD&A”). This schedule would 

contain a forward looking discussion regarding the probable impact of current and future 

events on the respondent’s operations. In order to add reporting structure to the free 

flowing written disclosure format used in the SEC reports, the proposal included a listing 

of 17 items common to FERC jurisdictional entities that should be addressed if that 

matter was significant to the company with the additional instruction for respondents to 

discuss any other significant events not listed that could potentially positively or 

negatively impact the company. Finally, as noted in the NOPR, the MD&A is a required 

disclosure for publicly traded companies pursuant to SEC regulations. 

 

 Comments Received

25. APGA supports the objectives and believes that the MD&A could achieve them. 

APGA views the MD&A schedule at a jurisdictional entity level as critically important, 

and also suggests that the Commission include a requirement that jurisdictional entities 

file a notification with the Commission when a material change has occurred. 

 
Docket No. RM03-8-000 - 9 - 

26. However, the vast majority of the comments received on the form and content of 

the MD&A schedule urge the Commission to eliminate, or modify, the proposed 

requirement. Most commenters express concern for potential litigation that could arise 

with such forward looking statements along with the significant administrative burden 

companies might incur if they are required to complete the MD&A schedule as proposed 

in the NOPR.15

27. Many commenters argue that the SEC has substantial “safe harbor” rules that 

provide protection to companies from potential litigation risks associated with disclosing 

this type of information. These commenters urge the Commission adopt safe harbor rules 

similar to those of the SEC.16 

 

28. Commenters that urge the Commission to adopt a safe harbor provision state that 

under the Private Securities Litigation Reform Act of 1995 (PSLRA), the SEC provides a 

safe harbor from liability for forward-looking information.17 They argue that absent 

statutory protection, SEC registrants making corporate disclosures might be subject to 

damage claims if, and when, their forward-looking statements failed to correspond to 

actual results, and that the types of information that would be elicited in the MD&A 

reporting requirement appear to be precisely the types of statements for which a safe 

harbor is needed. They state that Congress and the SEC recognize how future looking 

statements can be highly charged and subject to misinterpretation, and that Congress 

viewed it necessary to enact statutory protection for such disclosures. These commenters 

further argue that it is not clear whether any of the protections applicable to SEC 

registrants under the PSLRA would be enjoyed by FERC jurisdictional entities that are 

not SEC registrants. Finally, they argue that, before imposing the MD&A requirements, 

the Commission should be in a position to assure respondents that they have full safe 

harbor protection similar to that which applies to SEC registrants. 

 

29. Some commenters that currently file SEC reports request that they be permitted to 

submit MD&A prepared under SEC guidance in their FERC annual and quarterly 

financial reports.18 Others also seek clarification on the definition of materiality and 

request that the Commission adopt the SEC definition of materiality. They state that a 

 

15 See, e.g., INGAA at 2; AOPL at 20 and EEI at 5. 

16 See, e.g., BP at 7; AOPL at 22; Kinder Morgan at 12; PSEG at 11; INGAA at 16 

through 19 and Southern at 2. 

17 See Private Securities Litigation Reform Act of 1995, Pub. L. No. 104-67, 109 

Stat. 737 (1996). 

18 See NU at 7; Old Dominion at 7; EEI at 11 and NRECA at 9. 
Docket No. RM03-8-000 - 10 - 

difference in levels of materially could lead to different MD&A prepared for the SEC and 

FERC. These material differences could lead to potential litigation.19 Some commenters 

also request that the MD&A content be modified to focus on historical events and be less 

speculative.20

30. Other commenters urge that at the very least, the format of the MD&A in the 

proposal be modified. These commenters seek clarification on the specific 17 proposed 

items in the MD&A section. They question the value of the proposed information, while 

others request that the MD&A schedule be more free flowing.

21 PSEG questions if the 

17 items are intended as general guidance to preparing the MD&A, or if they are required 

by each filer. PSEG also requests that the quarterly MD&A be treated as an update to the 

annual MD&A and only require significant or material changes from the FERC Annual 

Report be reported, similar to the quarterly MD&A filed with the SEC. Other 

commenters express concern that the proposed MD&A, in the proposed format, goes 

beyond the SEC MD&A requirements. These commenters point out that the SEC 

requires only material changes to be reported quarterly in MD&A.22 AEP refers to the 

SEC method for reporting MD&A as familiar and with extensive guidelines. Entergy 

requests the Commission eliminate the “boiler plate” approach to MD&A. 

 

31. Although commenters recognize the need for information at the jurisdictional 

level,23 some privately-held companies express concern because they currently do not 

prepare an MD&A.24 Oil industry commenters also express concern regarding the 

potential for revealing confidential shipper data in MD&A.25 Commenters also indicate 

that the MD&A, as proposed by the Commission, may create unintended administrative 

burden in its present form.26 Additionally, there are a few commenters that believe the 

MD&A, in the proposed format, overlaps with that of the SEC, and is unnecessary.27

 19 See, e.g., AEP at 2; KeySpan at 9; Gulf South at 8; Shell Gas at 7 and 8; 

NiSource at 16 and Shell Pipeline at 2. 

20 See Plains at 5; AEP at 2; Duke at 4; SCE at 7; INGAA at 10; Gulfterra at 6 and 

7; EEI at 18 and Southern at 2. 

21 See PSEG at 11; AEP at 2; National Grid at 6 and Entergy at 3. 

22 See, e.g., PacifiCorp at 11-12; Duke at 5; SCE at 4; Shell Pipeline at 12; 

INGAA at 22 and EEI at 5. 

23 See APGA at 5 and NARUC at 2 and 3. 

24 See AOPL at. 7; Williston Basin at 6 and KeySpan at 11. 

25 See AOPL at 21; Plains at 5; Kinder Morgan at 13; Williston Basin at 6; 

Gulfterra at 7 and BP at 7. 

26 See PSEG at 6; Colonial at 4 and Portland General at 2. 

27 See ConEd at 1; MidAmerican at 2; Arizona at 5; Pepco at 1 and Entergy at 1. 
Docket No. RM03-8-000 - 11 - 

Commission Response

32. Based upon the comments received, the Commission will not include the MD&A 

schedule in the quarterly financial reports or in the FERC Annual Reports. Although the 

Commission recognizes the benefits of obtaining similar information at a jurisdictional 

entity level from all public and non-public jurisdictional entities that file financial 

information with the Commission, the potential litigation and confidentiality issues that 

may arise, in addition to the various administrative burden issues raised by the 

commenters of both privately held and publicly held companies, appear to outweigh the 

benefits derived from obtaining such information as proposed in the NOPR. 

4. Notes to the Financial Statements

33. The NOPR proposed the inclusion of notes to the financial statements in 

accordance with current accounting principles. Additionally, the NOPR required 

respondents to provide information on certain subjects that are also reported in the FERC 

Annual Reports. These subjects included the reporting of pension plan details, 

restrictions on retained earnings, significant refunds, and other items that have been 

reported in the respondent’s prior year FERC Annual Report. 

 Comments Received

34. Some commenters suggest that the Commission eliminate the requirement to 

provide notes to the financials, while others urge the Commission to require only a 

condensed or abbreviated set of quarterly financial notes that discuss material changes 

occurring since the prior FERC Annual Report filing.28 Others urge the Commission to 

permit respondents to file notes to the financials statements which are consistent with 

those provided in their SEC Form 10-K.29

 Commission Response

35. The notes to the financial statements are an extension of the basic financial 

statements and are integrally related to them. The notes enable users of the data to 

understand the nature of the amounts presented in the financial statements and better 

interpret its meaning. 

 

 28 See, e.g., AEP at 2; Cinergy at 4 and Entergy at 3. 

29 See, e.g., EEI at 4; FirstEnergy at 4 and Iroquois at 4. 
Docket No. RM03-8-000 - 12 - 

36. Consequently, the Commission will require respondents include notes to the 

financial statements in their quarterly financial reports. However, the Commission will 

adopt the commenters’ recommendation that respondents be permitted to file abbreviated 

notes to the financial statements in their quarterly financial reports. 

37. The use of abbreviated notes will be equivalent to the requirements for interim 

reporting established by the SEC.30 Under these requirements, filers of the FERC 

quarterly financial reports must include disclosures in the accompanying notes sufficient 

so as to make the interim information not misleading. 

38. Quarterly financial reporting is a supplement to the FERC Annual Reports, and it 

presumes the users of the quarterly financial reports have read the audited financial 

statements from the preceding year, including the notes to the annual financial 

statements. Therefore, footnote disclosure which would substantially duplicate the 

disclosures contained in the most recent FERC Annual Report may be omitted. 

However, disclosure must be provided where events subsequent to the end of the most 

recent year have occurred which have a material effect on the respondent. 

 

39. Equivalent to the SEC footnote disclosure requirements, the Commission will 

require respondents to include in their notes significant changes since the most recently 

completed year in such items as: accounting principles and practices; estimates inherent 

in the preparation of the financial statements; status of long-term contracts; capitalization 

including significant new borrowings or modifications of existing financing agreements; 

and changes resulting from business combinations or dispositions. And similar to the 

SEC requirements for interim reporting, where material contingencies exist, the 

disclosure of such matters must be provided even though a significant change since year 

end may not have occurred. 

40. The use of abbreviated notes will minimize duplicate disclosures, reduce the 

administrative burden cited by some commenters, and ensure that the interim information 

presented in the financial statements is not misleading. Finally, to the extent that the 

notes to the financial statements relating to the respondents appearing in the annual report 

to stockholders are applicable and furnish the required data, such notes may be included 

in the quarterly financial reports. 

 

 30 See SEC Regulation S-X, Rule 10-01(a)(5). 
Docket No. RM03-8-000 - 13 - 

5. Filing Dates for the Quarterly Financial Reports 

 

41. The Commission proposed that jurisdictional entities would submit the quarterly 

financial reports using a phase-in approach. The phase-in approach would start in 2004 

with the reports filed 45 days after the end of the quarter, and accelerate the filing date to 

35 days after the end of the quarter by September 2005. This phase-in approach, and 

related filing dates, would have been applicable to all respondents. 

Comments Received

42. Most commenters urge the Commission to provide “breathing room” between the 

filing dates of the SEC quarterly reports and the filings dates of the FERC quarterly 

reports. Commenters recommend extensions ranging from 20 days to 60 days, or longer, 

after the applicable SEC quarterly filing dates. Commenters state that extending the 

deadline will reduce administrative burden, allow more productive use of staff, and result 

in better quality of reporting by allowing filers a reasonable period of time to gather the 

appropriate information and properly prepare the quarterly reports.31 Some commenters 

also urge the Commission to provide a temporary filing extension for the initial 2004 

reporting year to give respondents extra time to establish procedures and work through 

learning curves.32 These commenters state that only SEC filers that meet certain criteria 

must file on an accelerated basis, and that the Commission’s proposal will result in 

smaller companies filing financial statements with the FERC before they are required to 

file with the SEC. Finally, Iroquois echoes in its comments the SEC’s view that while 

larger companies may have more complex operations, they also are more likely than 

smaller companies to have the infrastructure and resources to report on an accelerated 

basis. 

 

Commission Response

43. Based upon the comments received, the Commission will modify the proposed 

filing dates so that respondents may properly prepare, review, and certify the quarterly 

financial reports filed with the Commission. The modifications made to the proposed 

filings dates will provide for greater precision in the data reported without imposing an 

undue burden on respondents. 

 31 See, e.g., AEP at 3; Arizona at 8; AOPL at 16; Cinergy at 5; EEI at 7 and 

INGAA at 24. 

 

32 See, e.g., Arizona at 8 and EEI at 7. 
Docket No. RM03-8-000 - 14 - 

44. It is important to balance the Commission’s need for financial information with 

the ability of the respondent to prepare that information without undue burden. As noted 

by many commenters, the SEC has only accelerated the filing dates for large public 

companies that meet certain criteria while others may continue to file their reports using 

the existing filing dates.33 

 

45. Therefore, beginning in 2005 major public utilities and licensees, and major 

natural gas companies will be required to file their quarterly reports 60 days after the end 

of the quarter. Nonmajor public utilities and nonmajor natural gas companies, and all oil 

pipeline companies will be given additional time to file their quarterly financial reports. 

These respondents will file their quarterly financial reports within 70 days after the end of 

the quarter. These modifications to the filing dates proposed in the NOPR should relieve 

most of the administrative burden cited by jurisdictional entities caused by identical 

FERC and SEC filing dates for quarterly financial reporting. 

46. Additionally, the Commission will provide additional relief during the initial year 

of reporting, as urged by some commenters. A temporary filing extension will be 

provided for the quarterly filings made in 2004 in order to provide respondents additional 

time to establish the necessary procedures to report financial information on a quarterly 

basis as show in the table below: 

 

Quarterly Period Filing Dates for All 

Respondents as 

Proposed in the 

NOPR 

Filing Dates For 

Major Electric and 

Natural Gas 

Respondents in 

Final Rule 

Filing Dates For 

Nonmajor Electric, 

Nonmajor Natural 

Gas, and All Oil 

Pipeline Respondents 

in Final Rule 

1 1/1/2004 - 3/31/2004 May 15, 2004 July 9, 2004 July 23, 2004 

2 4/1/2004 - 6/30/2004 August 14,2004 September 8, 2004 September 22, 2004 

3 7/1/2004 - 9/30/2004 November 14, 2004 December 9, 2004 December 23, 2004 

4 1/1/2005 - 3/31/2005 May 10, 2005 May 31, 2005 June 13, 2005 

5 4/1/2005 - 6/30/2005 August 9, 2005 August 29, 2005 September 12, 2005 

6 7/1/2005 - 9/30/2005 November 9, 2005 November 29, 2005 December 13, 2005 

7 Subsequent Quarters 35 days after the 

end of the quarter 

60 days after the 

end of the quarter 

70 days after the end 

of the quarter 

47. Finally, in order to reduce the administrative burden incurred by respondents 

during the initial reporting year, the Commission will only require that current year data 

be included in the quarterly financial reports filed during 2004. Respondents will not be 

required to report prior year’s quarterly amounts in these filings. 

 33 See, e.g., Portland General at 5; FirstEnergy at 6, MidAmerica at 2 and INGAA 

at 24. 
Docket No. RM03-8-000 - 15 - 

6. Certified Public Accountant Review Letter 

48. In the NOPR, the Commission explains that it is not requiring the quarterly 

financial report to be reviewed by the respondent’s certified public accountant (CPA). 

However, the NOPR states that if a company has its quarterly financial report reviewed, it 

must provide a copy of the CPA review report to the Commission. 

 Comments Received

49. Some commenters agree with the proposal requiring the submission of a CPA 

review letter only when an external accountant reviews the Commission’s quarterly 

financial report and provides the respondent with a report.34 Others state that the 

Commission should use the SEC approach which requires a registrant to obtain an 

external review of interim financial information but does not require a letter evidencing 

such a review unless the company states in the filing that the financial information was 

reviewed by an independent CPA.35 

50. External accounting firms state that there is no provision under the American 

Institute of Certified Public Accountants (AICPA) Professional Standards that govern the 

roles and responsibilities of the independent accountant in reviewing a set of interim 

financial statements prepared under another comprehensive basis of accounting 

(OCBOA) for a SEC registrant, or non-SEC registrant, unless the non-SEC registrant is 

making a filing with a regulatory agency in preparation for a public offering or listing. 

They suggest that the Commission consider working with the Public Company 

Accounting Oversight Board in promulgating reporting standards for performing interim 

reviews on financial statements prepared on an OCBOA basis, and they are willing to 

assist Commission staff in this effort.36

Commission Response

51. The Commission will not require respondents to have the quarterly financial report 

reviewed by a CPA, nor will it require respondents to submit a copy of the CPA review 

letter or report if one is issued by an external accountant. As previously stated in this 

Final Rule, quarterly financial reports are considered to be supplements to the 

respondent’s FERC Annual Report. As such, the Chief Financial Officer will attest to the 

quarterly and annual financial reports. Additionally, the FERC Annual Reports, as a 

general matter, are audited by the respondents’ external accountants, and respondents are 

 34 See APGA at 6 and ITC at 2. 

35 See EEI at 20 and PSEG at 14. 

36 See D&T at 3 and PWC at 2 and 3. 
Docket No. RM03-8-000 - 16 - 

required, under the Commission’s existing regulations, to submit a copy of the auditor’s 

report to the Commission. Therefore, the Commission finds that an appropriate balance 

is struck between the reliability of the data and the administrative costs respondents incur 

to provide the data to the Commission. 

7. Exemption Requests

 

52. The Commission received numerous requests from respondents to be exempt from 

filing a quarterly financial report. Most respondents urge the Commission to waive the 

filing requirements due to the administrative burden caused by the content and 

accelerated filing dates proposed in the NOPR. As more fully discussed below, the 

Commission is of the view that blanket exemptions or waivers are not necessary due to 

the modifications and changes made to the proposal in the Final Rule. Therefore, as 

provided in the NOPR and contained in this Final Rule, respondents that file a FERC 

Annual Report No. 1, 1-F, 2, 2-A, or 6 are required to file quarterly financial reports. 

However, a jurisdictional entity with a waiver from filing a FERC Annual Report No. 1, 

1-F, 2, 2-A, or 6 is exempt from filing quarterly financial reports. 

 Comments Received

53. Some public utilities and natural gas companies urge the Commission to grant 

exemptions from the quarterly financial reporting requirements due to the administrative 

burden, and recommend the Commission exempt respondents that file FERC Annual 

Report Nos. 1-F and 2-A from the quarterly reporting requirement.37 

54. Some commenters suggest an exemption for FERC respondents with revenues 

under various amounts, or an exemption for those that do not file financial statements 

with the SEC.38 MPSC urges the Commission to waive the reporting requirements for 

those that do not have a significant energy presence or who are not involved in 

generation, power marketing, and trading. National Grid suggests that companies within 

an affiliated group of companies be exempt if they represent less than 10 percent of the 

affiliated group’s consolidated operating revenues, gross plant assets, and number of 

utility customers, or considering using a threshold that exempts entities in the bottom 10 

percent as measured by operating revenues, gross plant, or using other measures. Certain 

electric cooperatives urge the Commission to exempt electric distribution cooperatives 

from any final rule because they are not major participants in the capital markets and 

state this rule will be a hardship.39 

 37 See, e.g., AGA at 3 and INGAA at 25. 

38 See AEP at 3 and 4; EEI at 5 and Southern at 3. 

39 See, e.g., Connexus at 19 and Inland at 2. 
Docket No. RM03-8-000 - 17 - 

55. The ISO/RTO Council focuses on the increased administrative burden that will be 

imposed if an MD&A, accelerated filing dates, and expanded corporate officer 

certification are required, and therefore urge the Commission to exempt them from 

quarterly financial reporting. It states that they have an almost de minimis value of 

physical assets and have no ownership interest in the utility infrastructures that are under 

operational control. Therefore, the significantly smaller capital requirements of an ISO 

or RTO will be provided by non-public sources such as administrative service charges to 

its market participants, bank financing lines or private-placement debt instruments.40 

 

56. The ISO/RTO Council argues that there is no public ownership and that its 

members are formed as not-for-profit corporations or otherwise operate on a revenue 

neutral basis under its respective state or provincial laws. It states that none of the Joint 

ISO/RTOs are authorized to, nor have, issued to the public any shares of ownership 

interest in their entities, and none are affiliated with any company that has done so.41 It 

also states that ISOs/RTOs are service organizations whose principle revenue streams 

typically come from cost-of-service based service charges from their market participants 

which are either specifically approved by this Commission or are derived from 

Commission authorized formula rates.42 

 

57. Finally, it states that the Commission’s Uniform System of Accounts does not in 

most cases translate well for effectively reporting financial and transactional results of 

ISO and RTO operations. It urges the Commission to re-institute its previous effort to 

develop a uniform chart of accounts that will be more applicable to ISO/RTO operations 

and states that the jurisdictional members of the ISO/RTO Council are prepared to fully 

support such an effort and contribute whatever resources are required to complete such an 

effort.43

 Commission Response

58. Due to the modifications and changes made to the NOPR, the Commission has 

significantly reduced most of the administrative burden cited by the commenters as the 

primary justification for blanket exceptions from filing a quarterly financial report. For 

example, the Commission has eliminated the MD&A requirement from both the quarterly 

 

40 See ISO/RTO Council at 8. 

 

41 Id. at 9. 

42 Id. at 11. 

43 Id. at 8. 
Docket No. RM03-8-000 - 18 - 

financial reports and the FERC Annual Reports, and will accept abbreviated notes to the 

quarterly financial reports. Additionally, the Final Rule provides additional relief for 

respondents by modifying the filing dates for the quarterly financial reports which will 

reduce the staffing resources needed to compile the data within the required timeframes. 

Therefore, the Commission will not provide blanket waivers or exemptions for 

respondents. Respondents must supplement their FERC Annual Reports with the 

quarterly financial reports as provided for in this Final Rule. 

 

59. Finally, the Commission’s staff has participated in informal meetings held to 

discuss potential accounting changes needed to the current regulatory accounting 

framework resulting from the formation of ISOs and RTOs. It continues to monitor the 

development of these entities in an effort to provide timely accounting guidance 

addressing their issues.44 The Commission appreciates the ISO/RTO Council’s offer to 

fully support an effort to update the Uniform System of Accounts to better accommodate 

their unique utility business model, and staff will continue to work with these entities and 

continue its efforts in this developing area. 

C. Updates to the FERC Annual Reports 

60. As part of updating the FERC Annual Reports, the Commission proposed to 

accelerate the filing dates. Additionally, the Commission proposed to add new schedules 

in the FERC Annual Report Nos. 1 and 1-F in order to collect information on the amount 

of ancillary services purchased and sold during the year, and to update the statistical 

classifications resulting from the use of the transmission system by and for others to 

reflect open access transmission established under Order No. 888.45 The Commission 

also proposed to modify certain schedules that report revenues and expenses so that these 

schedules will report fourth quarter activity for certain account balances or utility 

functions. Based upon the comments received the Commission will modify certain 

aspects of the proposal as discussed below. 

 44 For example, on October 1, 2001, the Chief Accountant issued Accounting 

Release No. 16, Operating and Administrating an Electric Power Exchange. This 

accounting release provided guidance to the electric industry on the proper accounting 

and reporting for revenues and expenses incurred to operate and administer a power 

exchange. 

45 See Promoting Wholesale Competition Through Open Access Nondiscriminatory Transmission Services by Public Utilities; Recovery of Stranded Costs by 

Public Utilities and Transmitting Utilities, Order No. 888, 61 FR 21540 (May 10, 1996), 

FERC Stats. & Regs., Regulations Preambles (Jan. 1991-June 1996), ¶ 31,036 (Apr. 24, 

1996). 
Docket No. RM03-8-000 - 19 - 

1. Filing Dates for the FERC Annual Reports

61. The Commission proposed to accelerate the filing dates for the FERC Annual 

Reports so that financial information will be obtained from all respondents on a more 

timely basis, and thereby increasing its transparency and usefulness. The Commission 

proposed that all respondents use the same accelerated filing dates adopted by the SEC. 

Comments Received

 

62. APGA supports the proposal and suggests that due to advances in collecting and 

reporting an even shorter time frame may be appropriate. However, most commenters 

recommend that the existing filing dates remain, or even be extended, in order to give 

them additional time between the filing of the SEC 10-K reports and FERC Annual 

Reports.46 These commenters cite significant administrative burden they will incur to 

prepare, review, and certify the FERC Annual Reports. Additionally D&T states that the 

acceleration of the FERC Annual Report deadline creates an additional burden for 

external accountants who must provide an auditor’s opinion on the FERC Annual Report. 

 

63. Oil pipeline companies assert that, under Section 20 of the Interstate Commerce 

Act, they have three months after the close of the reporting year to file their FERC 

Annual Reports with the Commission, and that many have found it difficult to meet the 

current filing date.47 Kinder Morgan states that many pipelines routinely file for an 

extension of time to file because it has become difficult to meet the current March 31 

deadline. 

 Commission Response

64. Based upon the comments received concerning the additional administrative 

burden that respondents will incur to implement the new corporate officer certification, 

and other reporting requirements contained in this Final Rule, the Commission will not 

require FERC Annual Reports to be filed on the same accelerated dates as proposed in 

the NOPR. The Commission will modify its existing filing dates for the FERC Annual 

Reports to provide for additional time to prepare and file the FERC Annual Reports. 

65. In order to ease the administrative burden on respondents, the Commission will 

not include the proposed new schedules on ancillary services and other statistical 

classifications for the 2003 FERC Annual Reports that will be filed in 2004. 

Additionally, the Commission will modify the filing dates for the FERC Annual Reports 

 46 See, e.g., AEP at 3; AGA at 5; Cinergy at 5; EEI at 7; PSEG at 10; and San 

Diego at 4. 

47 See Chevron at 3; Gulf South at 6; and Kinder Morgan at 15. 
Docket No. RM03-8-000 - 20 - 

as proposed in the NOPR. Finally, the Commission will provide for a temporary filing 

extension for the 2004 FERC Annual Report to give respondents additional time to 

establish the necessary procedures to report the data required by this Final Rule. These 

new dates and other modifications to the NOPR will relieve most of the administrative 

burden cited by the respondents and their external accountants. The table below details 

the filing dates for the Annual Report Forms 1, 1-F, 2, 2-A, and 6. 

Calendar Year Ending Proposed in NOPR Final Rule 

1 December 31, 2004 March 1, 2005 April 25, 2005 

2 Each Year Thereafter March 1 April 18 

66. The modified filing dates for the FERC Annual Reports will reduce the 

administrative burden cited by respondents by eliminating simultaneous SEC 10-K and 

FERC Annual Report filings. Additionally, the new filing date will provide oil pipeline 

companies with additional time to file their FERC Annual Reports and thereby reduce the 

number of extension requests made by these respondents. 

 

2. Ancillary Services

67. The Commission proposed to add a new schedule in the FERC Annual Report 

Nos. 1 and 1-F that details the amount of ancillary services purchased and sold during the 

year. The Commission explained in the NOPR that this schedule was needed because 

these services and related amounts have been reported in an inconsistent manner by most 

respondents. The proposed schedule would standardize the form and content of the data 

collected. 

 Comments Received 

68. NARUC strongly supports the proposal to collect financial information on the 

amount of ancillary services purchased and sold during the year and argues that such 

information will help State commissions better monitor public utilities’ compliance with 

open access transmission tariffs. Two commenters seek clarification concerning whether 

the data elements must be reported in dollars or megawatt hours.48 

 

 Commission Response

69. The Commission clarifies that the units of the data elements on the ancillary 

service schedule are to be reported in both dollars and the billing determinants reflecting 

usage. 

 48 See Arizona at 8 and EEI at 23. 
Docket No. RM03-8-000 - 21 - 

70. For ratemaking and monitoring regulated transmission services, the Commission 

requires information from respondents on the dollar amounts for both expense and 

revenues associated with these services, as well as the usage-related billing determinants 

associated with these purchase and sales transactions. Therefore, the Commission will 

clarify the instructions and make the necessary modifications to the schedule for 

respondents to report both dollars and usage-related billing determinants associated with 

these services. 

3. Electric Transmission Peak Loads

71. The Commission proposed a new schedule in the FERC Annual Report Nos. 1, 

1-F, and in the quarterly financial reports that would collect information concerning the 

transmission system including the respondent’s own use of its transmission system. This 

information will aid the Commission in evaluating the adequacy of existing traditional 

cost-based rates. 

 Comments Received

72. EEI indicates the electric transmission peak load schedule cannot be prepared 

within the timeframe that FERC is proposing, and the use of estimates will be required. 

Additionally, the breakdown of the system peak load into statistical classifications will 

tend to be subjective because there is no guidance on methodology which will result in 

inconsistent submissions by FERC respondents. 

 Commission Response

73. As previously mentioned, the Commission is modifying the filing dates for the 

FERC Annual Reports and the quarterly financial reports. The changes in the filings 

dates should provide respondents with sufficient time to collect and report the required 

information. 

74. Also, the Commission notes that monthly transmission system peak loads are 

measurable, not subjective. As guidance on methodology, the Commission clarifies that 

each of these peak loads are the Monthly Transmission System Peak as defined in the 

pro-forma Open Access Transmission Tariff. The value in the statistical classifications 

listed below the monthly peak should reflect each classification’s contribution to the firm 

Monthly Transmission System Peak. In this regard, the Commission clarifies that the 

line labeled “Non-Firm Service” will be deleted, because non-firm service does not 

contribute to firm peak load. The Commission also clarifies this schedule will be 

included in the quarterly financial reports and the FERC Annual Report Nos. 1 and 1-F. 

If a respondent finds the use of estimates is necessary to complete the schedule, the 

respondent must indicate this fact on the schedule and fully describe the estimation 

methodology in a footnote. 
Docket No. RM03-8-000 - 22 - 

4. Statistical Classifications 

75. As part of the revisions to the FERC Annual Report Nos. 1 and 1-F, the 

Commission proposed to update the statistical classifications for the Schedule of 

Transmission of Electricity for Others, and for the Schedule of Transmission by Others, 

to reflect open access transmission established by Order No. 888.49

 Comments Received

76. EEI states that the changes add new statistical classifications. EEI interprets the 

report to require a separate line for each customer, for each type of service taken, and for 

each transmission path used. EEI requests guidance for netting groups of customers, or 

for materiality thresholds, and contend that a literal interpretation of the proposal could 

result in thousands of lines of data. 

 Commission Response

77. The Commission notes that collection of the data fields on this page has been 

required in the FERC Annual Report No. 1 for years, and that the new, additional 

statistical classifications reflect service categories available under the pro-forma Open 

Access Transmission Tariff. 

78. Clearly, the volume of data will vary by respondent. However, in cases of actual 

extreme volume, aggregation of data by logical criteria may be acceptable if the method 

of aggregation is clearly footnoted. In all cases, the respondent should keep a complete 

electronic copy of the disaggregated data. 

 

5. Selected Fourth Quarter Data in FERC Annual Reports

79. The Commission proposed to break out certain fourth quarter account data for 

certain income statement accounts reported in the FERC Annual Reports. The 

Commission proposed that the revenue and expense account data be shown in two new 

columns, one column for the current quarter and a second column for the same quarter of 

the previous year. 

 49 Under the Uniform System of Accounts prescribed for Public Utilities and 

Licensees, revenues from transmission of electricity of others over transmission facilities 

of the respondent are recorded in Account 456, Other electric revenues, and amounts 

payable to others for the transmission of the respondent’s electricity over transmission 

facilities owned by others are recorded in Account 565, Transmission of electricity by 

others. 
Docket No. RM03-8-000 - 23 - 

Comments Received

80. Some commenters urge the Commission to eliminate the requirement to separately 

display fourth quarter data in the FERC Annual Reports. They argue that the requirement 

is more onerous than the SEC’s requirement since the SEC requires only three quarters 

and one annual report, and there is no SEC requirement to analyze the fourth quarter 

separately. They also state that the FERC Annual Report should coincide with SEC 

reporting requirements for selected quarterly financial data to be presented in the 

financial notes.50

Commission Response

81. The Commission will not adopt the proposal requiring respondents to separately 

report certain fourth quarter income statement data in the FERC Annual Reports. 

Pursuant to this Final Rule, the Commission will require respondents to file three 

quarterly financial reports and a FERC Annual Report that reports on the account 

balances and activity for the entire year. The Commission’s existing information 

technology has the ability to generate any needed internal special reports detailing 

selected fourth quarter activity for the purpose of review and evaluation. Therefore, the 

Commission finds that there is no need to burden respondents with separately displaying 

fourth quarter data in the FERC Annual Reports. 

D. Corporate Officer Certification 

82. Under the Commission’s existing certification procedures, a company officer must 

sign a certification stating that he or she has examined the FERC Annual Report and to 

the best of his or her knowledge and belief, the statements contained in the FERC Annual 

Report are true. The Commission proposed to update the corporate officer certification 

language contained in the FERC Annual Report, and to include the updated language in 

the quarterly financial reports. The new corporate officer certification was proposed in 

response to recent changes in corporate governance practices. This update was proposed 

to improve the reliability of the financial information filed with the Commission. 

 

 50 See, e.g., DE at 5; FPL at 6 and Gulfterra at 4. 
Docket No. RM03-8-000 - 24 - 

83. A recent review of the FERC Annual Reports filed for the calendar year 2002 

indicated inconsistencies in the level of management certifying the reports.51 The level of 

management that certify the FERC Annual Reports ranged from assistant controllers, 

controllers, chief financial officers, or individuals at a higher level within the 

organization. Therefore, in order to provide uniformity of accountability for 

jurisdictional entities, the Commission proposed that the principal executive officer of the 

jurisdictional entity and the principal financial officer of the jurisdictional entity, and or 

persons performing similar functions for the jurisdictional entity certify the annual and 

quarterly financial reports. The certification required these corporate officers to state 

they reviewed the report, were responsible for the content of the report, and were 

responsible for establishing, maintaining, and evaluating internal controls and procedures. 

Comments Received

84. In general, none of the commenters object to the Commission continuing to 

require corporate officers to certify the FERC Annual Report or quarterly financial 

report. APGA specifically describes the corporate officer certification as a necessity, and 

specifically supports the content of the certification. However, many commenters 

express concern over various aspects of the proposed corporate officer’s certification. 

These comments range from the administrative burden associated with the level of 

corporate officers who are required to certify the financial report, to the content of the 

corporate officer’s certification statement. These commenters request the Commission 

continue to use the current certification or to make certain modifications to the NOPR to 

clarify the certification requirements.52

85. Commenters urging the Commission to retain the current certification language 

argue that applying the Sarbanes-Oxley corporate officer certification standards to FERC 

Annual and quarterly financial reports would be a misapplication of the Sarbanes-Oxley 

standards because the Sarbanes-Oxley standards are intended to protect public 

investors.53 Other commenters request that the Commission keep the current corporate 

officer certification because some of the language used in the proposed corporate officer 

certification statement does not apply to FERC respondents that are not publicly traded 

 

51 See, e.g., AEP Generating Company, FERC Annual Report No. 1; Alliance 

Pipeline, L.P., FERC Annual Report No. 2; Belle Forche Pipeline Company, FERC 

Annual Report No. 6; Guardian Pipeline, LLC, FERC Annual Report No. 2; Kansas Gas 

and Electric Company, FERC Annual Report No. 1 and Seminole Creek, Ltd., FERC 

Annual Report No. 6. 

52 See, e.g., BP at 9; Plains at 6 and 7; AOPL at 12; Kinder Morgan at 14; 

PacifiCorp at 9 and 10; INGAA at 26; EEI at 5. 

53 See EEI at 20. 
Docket No. RM03-8-000 - 25 - 

entities. Specifically, these commenters argue that references in the proposed corporate 

officer certification to audit committees and subsidiaries are inappropriate for certain 

FERC respondents.54 AOPL states that most wholly-owned subsidiaries or privately held 

companies do not have an Audit Committee or equivalent position. AOPL argues that in 

order to make such a certification, FERC respondents that are wholly-owned subsidiaries 

or privately held companies will need to establish a position equivalent to an Audit 

Committee and to educate members of such an Audit Committee about the Uniform 

System of Accounts and FERC reporting requirements. 

86. Other commenters request the Commission to use “disclosure controls and 

procedures” instead of “internal controls.”55 Hampshire is concerned because the NOPR 

uses the terms “internal controls” and “disclosure controls and procedures” 

interchangeably. PacifiCorp seeks clarification on the definition of internal controls that 

is used in the proposed corporate officer certification statement. PacifiCorp defines 

“disclosure controls and procedures” as controls and procedures designed to ensure that 

information required to be disclosed in reports under the Securities Exchange Act of 1934 

(“Exchange Act”) is accumulated and communicated to the issuer’s management, as 

appropriate to allow timely decisions regarding disclosure. In addition, PacifiCorp refers 

to Section 404 of the Sarbanes-Oxley Act, annual reports for investors contain an internal 

control report describing the responsibility of management for establishing and 

maintaining an adequate internal control structure and procedures for financial reporting 

and an assessment of the effectiveness of the controls. 

87. Additionally, Gulf South seeks clarification of the specific officers required to 

certify the FERC annual and quarterly financial reports. Gulf South states that the 

specific certification language is confusing and requests that the Commission clarify the 

language. Some commenters request a definition for a materiality standard for the 

corporate officer certification.56 Still other commenters describe the corporate officer 

certification as duplicative of the SEC corporate officer certification, and some 

commenters request the Commission to use the current SEC corporate officer 

certification.57

88. Additionally, some commenters express specific concern about the administrative 

burden associated with the corporate officer certification. Specifically, commenters 

argue that since the FERC annual and quarterly financial reports contain so much more 

 54 See AOPL at 12 and Hampshire at 5. 

55 See PacifiCorp at 10 and Hampshire at 5. 

56 See Williams at 4 and NiSource at 17. 

57 See, e.g., INGAA at 26; Arizona at 7 and Kinder Morgan at 14. 
Docket No. RM03-8-000 - 26 - 

detail than a GAAP or SEC financial report, the burden on the corporate officers to 

certify the FERC Annual and quarterly financial reports is clearly unreasonable.58 Other 

commenters express concern about the costs associated with educating officers about the 

accounting rules under Uniform System of Accounts.59

89. PacifiCorp requests the corporate officer certification statement be clarified to 

refer only to the respondent’s overall financial condition and risk. PacifiCorp argues that 

it will be unduly burdensome for the Commission to require certification of individual 

account balances. 

Commission Response

90. In order to strengthen the reliability of the financial data submitted to the 

Commission in the FERC Annual Reports and quarterly financial reports, the Chief 

Financial Officer or an individual performing that function will be required to certify 

these reports. The Commission views the officer certification requirement as an 

important part in the corporate governance process. Since the CFO is generally the 

corporate executive that directs all of the financial aspects of a company, the Commission 

views this level of management as the appropriate individual to attest to the financial 

information contained in the report. Senior level management involvement in the 

preparation and review of the quarterly financial reports and the FERC Annual Reports is 

essential to the process of respondents providing reliable financial information to the 

Commission. 

91. As more fully discussed below, the Commission will use its existing corporate 

officer certification in the quarterly financial reports, and will use the more expansive 

corporate officer certification statement as proposed in the NOPR, with certain 

modifications, in the FERC Annual Reports. 

1. Quarterly Financial Reports

92. As previously mentioned, the Commission proposed the same expansive corporate 

officer certification be used for both the quarterly financial report, and the FERC Annual 

Report. However, the Commission agrees with commenters that using the existing 

corporate officer certification statement for the quarterly financial report will alleviate the 

administrative burden cited by commenters while still maintaining a level of reliability 

 58 See, e.g., INGAA at 26; Plains at 6; Kinder Morgan at 14 and Shell Pipeline at 

13. 

59 See Plains at 6 and Shell Pipeline at 13. 
Docket No. RM03-8-000 - 27 - 

appropriate for quarterly financial reports. The Commission will use the following 

corporate officer certification in the quarterly financial reports. The Chief Financial 

Office will sign the certification. 

 

I have examined this report and to the best of my knowledge, 

information, and belief all statements of fact contained in this report 

are correct statements of the business affairs of the respondent and 

the financial statements, and other financial information contained in 

this report, conform in all material respects to the Uniform System 

of Accounts. 

2. FERC Annual Reports

93. The Commission is modifying the corporate officer certification as proposed in the 

NOPR for the FERC Annual Report based upon the comments received. As discussed 

below, the Commission will define internal accounting control for purposes of its 

corporate officer certification, require only the chief financial officer to certify the report, 

make specific reference to the Commission’s Uniform Systems of Accounts, and make 

other minor changes to the certification language. 

94. In order to provide clarification, the Commission will replace the phrase “internal 

controls” with “internal accounting controls.” The Commission’s use of “internal 

accounting controls” in the corporate officer certification will refer to the accounting 

policies, procedures, and systems that are sufficient to provide reasonable assurance that 

the financial statement schedules contained in the quarterly and annual reports conform in 

all material aspects with the Commission’s Uniform System of Accounts and related 

regulations. 

95. The Commission is of the view that respondents should have sufficient accounting 

controls in place at a level acceptable in order to provide reasonable assurance that the 

financial information contained in the report conforms in all material respects with the 

Commission’s Uniform Systems of Accounts and related regulations. While the 

Commission notes that this may add some additional burden for respondents, the 

Commission views the certification as a necessity in order to ensure the reliability of the 

information presented in the report. 

96. The Commission agrees with commenters that it may be unduly burdensome to 

require multiple corporate officers to certify the FERC Annual Reports and quarterly 

financial reports. Therefore, the Commission will only require the CFO or a person 
Docket No. RM03-8-000 - 28 - 

performing similar functions to certify the reports. The Commission notes that many 

CFOs already certify the FERC Annual Report and, therefore, requiring this level of 

management to certify the reports should not present an undue burden on respondents.60

 

97. The Commission will not use identical SEC language for its corporate officer 

certification requirements. The SEC’s corporate officer certification is based upon the 

Exchange Act and subsequent SEC regulations. As previously noted in this Final Rule, 

many FERC jurisdictional companies are not subject to SEC regulations. Additionally, 

the SEC corporate officer certification addresses financial statements prepared in 

accordance with generally accepted accounting principles (GAAP) while the FERC 

Annual Reports are based on the Commission’s Uniform System of Accounts. 

98. The Commission will clarify that it did not propose that respondents file a 

management internal control report in the NOPR, and it is not a requirement of this Final 

Rule. Apparently there was some confusion among commenters due to the language used 

in the NOPR issued by the Commission on June 26, 2003, and the SEC’s Release on 

Management’s Internal Control Report issued on June 5, 2003. This SEC Release 

required companies to file an internal control report containing a management opinion on 

their internal controls. 

99. The Commission is also eliminating the requirement to have multiple officers 

certify the quarterly and annual reports. The Commission will only require the updated 

certification for the financial statements and notes to the financial statements. The 

Commission will keep the current certification language to address matters reported in 

the other schedules contained in the FERC Annual Reports. 

100. The corporate officer certification contained in the FERC Annual Reports will 

read as follows: 

 

 The undersigned officer certifies that: 

 I have read this FERC Annual Financial Report: 

Based on my knowledge this report does not contain any untrue 

statement of material fact or omit to state a material fact necessary to 

make the statements made, in light of the circumstances such 

statements were made, not misleading with respect to the period 

covered by this report. 

 60 See, e.g., Avista Corp., FERC Annual Report No. 1; MIGC, Inc. FERC Annual 

Report No. 2 and Rocky Mountain Pipeline System LLP, FERC Annual Report No. 6. 
Docket No. RM03-8-000 - 29 - 

Based on my knowledge the financial statements, and other financial 

information (Comparative Balance Sheet, Statement of Income for 

the Year, Statement of Retained Earnings for the Year, Statement of 

Cash Flows, Statement of Accumulated Comprehensive Income and 

Hedging Activities, and Notes to the Financial Statements) included 

in this report conform in all material respects with the Commission’s 

Uniform System of Accounts, as of, and for, the periods presented in 

this report. 

 

I am responsible for establishing and maintaining internal 

accounting controls as defined by the Commission. I have designed 

such internal accounting controls to ensure that material information 

relating to the respondent and its subsidiaries, to the extent that the 

respondent has subsidiaries, is made known to me by others within 

those entities, particularly during the period in which this report is 

being prepared. I have evaluated the effectiveness of the internal 

accounting controls as of a date within 90 days prior to the period in 

this report (evaluation date). I have presented in this report my 

conclusions about the effectiveness of the internal accounting 

controls based on my evaluation as of the evaluation date. 

 

I have disclosed, based on my most recent evaluation, to the 

respondent’s auditors and the audit committee or persons performing 

similar functions, to the extent that the respondent has an audit 

committee or persons performing similar functions, that all 

significant deficiencies in the design or operation of internal 

accounting controls which could adversely affect the respondent’s 

ability to record, process, summarize and report financial data and 

have identified for the respondent’s auditors any material 

weaknesses in disclosure controls and procedures and any fraud, 

whether or not material, that involves management or other 

employees who have a significant role in the respondent’s internal 

accounting controls. 

 

I have indicated in this report whether or not there were significant 

changes in internal accounting controls and procedures or in other 

factors that could significantly affect internal accounting controls 

and procedures subsequent to the date of my most recent evaluation, 

including any corrective actions with regard to significant 

deficiencies and material weaknesses. 

In addition, I have examined the remaining schedules contained in 

this report, to the best of my knowledge, information, and belief all 
Docket No. RM03-8-000 - 30 - 

statements of fact contained in this report are correct statements of 

the business affairs of the respondent and the financial statements, 

and other financial information contained in this report, conform in 

all material respects to the Uniform System of Accounts. 

E. Miscellaneous Matters 

1. Fiscal Year Reporting

101. PacifiCorp urges the Commission to adopt the same fiscal annual and quarterly 

reporting requirements implemented by the SEC. PacifiCorp requests that the 

Commission clarify that it will recognize fiscal year reporting. It also requests the 

Commission allow such entities to file their FERC quarterly financial reports after the 

end of each fiscal quarter because it asserts that having parallel filing schemes and 

timelines with the SEC will ease administrative burden on utilities filing financial reports 

with both the Commission and the SEC. Finally, PacifiCorp is concerned that if the 

Commission does not allow fiscal year reporters to file on a fiscal year basis, they will 

violate SEC fair disclosure rules. They argue that under the NOPR’s filing dates they 

will be filing fourth quarter earnings under the FERC requirements before they are 

required to do so under the SEC rules. 

102. The Commission does not permit fiscal year respondents to file FERC Annual 

Reports on a fiscal year basis. The Commission requires these respondents to file on a 

calendar year in order to maintain a uniform basis of information collected from 

respondents filing the FERC Annual Report and quarterly financial reports for purposes 

of compiling data and making comparisons. Therefore, the financial information 

reported in the quarterly financial reports must be synchronized with the FERC Annual 

Reports which are presented on a calendar year to date basis. Finally, in light of the 

modifications to the quarterly and annual report filing dates in this Final Rule, the 

Commission finds that FERC respondents will not be reporting financial information 

ahead of the filings made with the SEC and therefore fiscal year FERC respondents will 

not violate the SEC’s fair disclosure rules. 

2. Expand Data Collection in FERC Annual Reports

103. The Commission also received requests from some commenters to expand the 

content of data and information collected in the FERC Annual Report Nos. 2 and 2A. 

These commenters urge the Commission to expand the financial information collected on 

such items as miscellaneous current and accrued liabilities, revenues from gathering, 

transmission and storage, miscellaneous general expenses, outside services employed, 

and to increase the record retention and availability of transactional activity. These 
Docket No. RM03-8-000 - 31 - 

commenters also urge the Commission to change the FERC Annual Reports to include 

information on the respondent’s rate base, costs, and revenues, and provide additional 

disclosures on capital structure.61 The Commission will not act on these 

recommendations in the Final Rule because these changes are outside the scope of the 

proposal. 

3. Requests for a Technical Conference

104. Some commenters urge the Commission to schedule a technical conference to 

allow for further dialogue and industry participation before issuing a Final Rule.62 

However, the comments submitted by FERC jurisdictional entities, industry associations, 

state regulatory bodies, and others were detailed and comprehensive. The Final Rule 

contains significant modifications from the NOPR based upon the comments received. 

Therefore, the Commission declines to hold a technical conference before issuing the 

Final Rule. If respondents have questions regarding reporting matters contained in this 

Final Rule, they should submit those questions to the Chief Accountant as provided for in 

the Commission’s Uniform Systems of Accounts, and related regulations. 

105. This Final Rule is the result of an exhaustive and collaborative process among all 

stakeholders. The Commission believes it is appropriate to assess the adequacy and costs 

of these new reporting requirements. To this end, the Commission directs staff to 

determine if any improvements should be made to the new quarterly and annual financial 

reporting requirements. This review will be undertaken after a full reporting cycle, and 

notice and comment, with a staff report to the Commission. 

 

F. Elimination of the Cash Management Notification Reports 

106. On October 23, 2003, the Commission in Order No. 634-A, issued a Final Rule on 

the regulation of cash management practices.63 As part of Order No. 634-A the 

Commission requires respondents participating in cash management programs, and who 

 61 See Missouri PSC at 5 through 8 and IC’s Attachment. 

62 See, e.g., AOPL at 27 and 28; EEI at 6; FirstEnergy at 7 and ISO/RTO Council 

at 17. 

63 See Regulation of Cash Management Practices, RM02-14-000, NOPR issued on 

August 1, 2002, 67 FR 51150 (Aug. 7, 2002), IV FERC Stats. & Regs. ¶ 32,561 (Aug. 1, 

2002), Interim Order No. 634 issued on July 8, 2003, 68 FR 40500 (July 8, 2003), III 

FERC Stats. & Regs. ¶ 31,145 (June 26, 2003) and Order No. 634-A issued on October 

23, 2003, 68 FR 61993 (Oct. 31, 2003), III FERC Stats. & Regs. ¶ 31,152 (Oct. 23, 

2003). 
Docket No. RM03-8-000 - 32 - 

are not electric cooperatives, to determine on a quarterly basis the percentage of their 

capital structure that constitutes proprietary capital, and in the event the ratio is less than 

thirty percent the entity must notify the Commission within 45 days after the end of each 

calendar quarter. 

107. Respondents are required to describe the significant events or transactions causing 

the entity’s proprietary capital to drop below thirty percent, and the extent to which the 

entity has amounts loaned or money advanced to its parent, subsidiary, or affiliated 

companies through its cash management program(s) must be reported, along with plans, 

if any, to regain at least a thirty percent proprietary capital. Finally, the respondent must 

notify the Commission within 45 days after the end of the calendar quarter when the 

entity’s proprietary capital subsequently returns to, or exceeds, thirty percent. 

 

108. The Commission finds the quarterly financial reports in this Final Rule provide the 

Commission with the financial information necessary to determine the extent to which a 

FERC-jurisdictional entity’s proprietary capital is less than thirty percent at the end of 

each quarter. Therefore, in order to minimize the reporting burden on FERC 

jurisdictional entities, the Commission will eliminate the separate filing requirement 

contained in §§ 141.500, 260.400, and 357.500 of the Commission’s regulations. The 

Commission finds that the informational requirements concerning the significant events 

or transactions causing the proprietary capital ratio to drop below thirty percent, along 

with the respondent’s plans, if any, to regain at least a thirty percent proprietary capital 

ratio, and the extent to which the entity has amounts loaned or advanced to its parent, 

subsidiary or affiliate through its cash management program(s) must be reported in the 

Important Changes During the Quarter, and Important Changes During the Year schedule 

contained in the respective quarterly financial reports, and FERC Annual Reports. 

IV. REGULATORY FLEXIBILITY ACT CERTIFICATION 

109. The Regulatory Flexibility Act of 1980 (RFA) requires agencies to prepare certain 

statements, descriptions, and analyses of proposed rules that will have a significant 

economic impact on a substantial number of small entities.64 The Commission is not 

required to make such analyses if a rule would not have such an effect. 

110. The Commission concludes that this Final Rule would not have such an impact on 

small entities. Most companies regulated by the Commission do not fall within the 

RFA’s definition of a small entity, and the data required by this rule are already being 

captured by their accounting systems. However, if the recordkeeping requirements 

represent an undue burden on small businesses, the entity affected may seek a waiver 

from the Commission. 

 64 See 5 U.S.C. 601-612 (2000). 
Docket No. RM03-8-000 - 33 - 

V. ENVIRONMENTAL IMPACT STATEMENT 

111. The Commission is required to prepare an Environmental Assessment or an 

Environmental Impact Statement for any action that may have a significant adverse effect 

on the human environment.65 The Commission excludes certain actions not having a 

significant effect on the human environment from the requirement to prepare an 

environmental impact statement.66 No environmental consideration is raised by the 

promulgation of a rule that is procedural or does not substantially change the effect of 

legislation or regulations being amended.67 This Final Rule updates parts 141, 260, 357 

and 375 of the Commission’s regulations and does not substantially change the effect of 

the underlying legislation or the regulations being revised or eliminated. Accordingly, no 

environmental consideration is necessary. 

VI INFORMATION COLLLECTION STATEMENT 

112. The Office of Management and Budget’s (OMB) regulations require approval of 

certain information collection requirements imposed by agency rules.68 Upon approval of 

a collection of information, OMB will assign an OMB control number and expiration 

date. Respondents subject to the filing requirements of this Final Rule will not be 

penalized for failing to respond to these collections of information unless the collections 

of information display a valid OMB control number. In accordance with Section 3560(d) 

of the Paperwork Reduction Act of 1995,69 the information collection requirements in the 

rulemaking were submitted to OMB for review. 

113. As the Commission states in the NOPR, the compliance burden of this Final Rule 

will be minimal for jurisdictional entities because it is standard accounting practice for 

companies to compile and summarize accounting transactions on a monthly basis under 

the Commission’s existing accounting regulations. Additionally, it is standard 

accounting and reporting practice for publicly-held corporations to prepare financial 

 65 See Order No. 486, Regulations Implementing the National Environmental 

Policy Act, 52 FR 47897 (Dec. 17, 1987), FERC Stats. & Regs. Preambles 1986-1990 

¶ 30,783 (1987). 

66 See 18 CFR 380.4 (2003). 

 

67 See 18 CFR 380.4(a)(2)(ii) (2003). 

68 See 5 U.S.C. 601-612 (2000). 

69 See 44 U.S.C. 3507(d) (2000). 
Docket No. RM03-8-000 - 34 - 

statements on quarterly and annual basis for their stockholders and the SEC. Privatelyheld companies also prepare quarterly financial statements so that their financial 

condition and results of operations may be understood by selected creditors and their 

owners. The Commission projected that the total number of hours that each respondent 

would require to complete the quarterly reports is approximately 72 hours per year. 

114. The Commission estimated in the NOPR that most of the administrative burden 

associated with the proposal would result from respondents completing the MD&A 

schedule, preparing notes to the quarterly financial statements, performing the necessary 

review procedures for the corporate officers certification, and filing the reports within the 

prescribed time frames. As more fully discussed below, the modifications made to the 

original proposal should result in a substantial decrease in the administrative burden 

placed on jurisdictional entities. 

 Comments Received

 

115. Many commenters disagree with the Commission’s administrative burden estimate 

citing the time required to prepare an MD&A, as proposed in the NOPR, to prepare a 

complete set of notes to the financial statements, and to obtain multiple corporate 

officers’ certifications, and the additional staffing needed to compile, prepare, and file the 

reports within the time frames specified. 

116. INGAA states that the preparation of an MD&A and the notes to the financial 

statements, as proposed in the NOPR, would account for over 50 percent of the projected 

cost of compliance with rule. AOPL states that for privately held companies that do not 

currently prepare an MD&A schedule the quarterly burden would be 220 hours with an 

additional 80 hours added to the annual report. 

 

117. Additionally, many commenters expressed concern about the proposed Corporate 

Officer Certification. EEI states that the internal officer certification would take an 

average of 13.3 hours for the quarterly reports and 13.6 hours for the FERC Annual 

Reports. However, SCE estimated that it would take their company 50 hours to complete 

the corporate officer’s certification. 

118. Finally, commenters express concern over the administrative burden resulting 

from accelerating the filing dates of the annual reports and the proposed filing dates for 

the quarterly reports. Most commenters state that it would take additional staffing to 

concurrently prepare quarterly and annual reports for the SEC and for the FERC. While 

not providing specific burden hours resulting from the proposed filing dates of the 

quarterly and annual reports, INGAA state that by changing the filing deadlines forty 

percent of their compliance costs would be reduced. 

 
Docket No. RM03-8-000 - 35 - 

Commission Response

119. The modifications made in this Final Rule will significantly reduce or eliminate 

the administrative burden cited by commenters. The elimination of the requirement for 

respondents to prepare an MD&A schedule as proposed in the NOPR, and the use of 

abbreviated notes the financial statements that only discuss significant changes from the 

prior year’s notes, will significantly reduce or eliminate the alleged administrative burden 

on respondents. 

 

120. Additionally, in response to the administrative burden raised by respondents due 

to concurrent SEC and FERC filing dates, the Commission is extending the filing dates 

for FERC Annual Reports and quarterly financial reports as proposed in the NOPR. 

Finally, the Final Rule modifies the corporate officer certification statement, and only 

requires the Chief Financial Officer to certify the quarterly and annual reports. 

 

121. As a result of these modifications, the Commission estimates that the reporting 

requirements for the quarterly financial report Nos. 3-Q and 6-Q, and increased reporting 

requirements for the FERC Annual Report Nos. 1, 1-F, 2, 2-A, and 6 contained in this 

Final Rule are as follows: 

 Data Collection 

Form 

(a) 

Number of 

Respondents 

(b) 

Number 

of Hours 

(c) 

Filing 

Periods 

(d) 

Total Annual 

Hours 

(e)=(b)x(c)x(d) 

1 FERC Form 3-Q 353 150 3 158,850

2 FERC Form 6-Q 159 150 3 71,550

3 FERC Form 1 216 75 1 16,200

4 FERC Form 1-F 27 75 1 2,025

5 FERC Form 2 57 75 1 4,275

6 FERC Form 2-A 53 75 1 3,975

7 FERC Form 6 159 75 1 11,925

8 Totals 268,800

Total Annual Hours for Collection: 

(Est. Reporting + Recordkeeping, (if appropriate)) = 268,800 

 

122. In conclusion, the Final Rule contains significant changes to the NOPR and 

thereby has significantly reduced the administrative burden cited by the commenters. 

However, respondents will incur some additional administrative burden in providing 

supplemental financial information to the Commission as a result of this Final Rule. As 

recent events regarding the impact of inappropriate accounting and financial reporting 
Docket No. RM03-8-000 - 36 - 

and recent changes in corporate governance practices have clearly demonstrated, the 

additional administrative burden placed on respondents is far outweighed by the benefits 

the Commission will obtain from receiving financial information from respondents that 

that is transparent, timely, relevant, and reliable. 

VII. DOCUMENT AVAILABILITY 

123. In addition to publishing the full text of this document in the Federal Register, the 

Commission provides all interested persons an opportunity to view and/or print the 

contents of this document via the Internet through FERC's website (http://www.ferc.gov) 

and in FERC's Public Reference Room during normal business hours (8:30 a.m. to 5:00 

p.m. Eastern time) at 888 First Street, N.E., Room 2A, Washington D.C. 20426 

124. From FERC's website on the Internet, this information is available in the eLibrary 

(formerly FERRIS). The full text of this document is available on eLibrary in PDF and 

Microsoft Word format for viewing, printing, and/or downloading. To access this 

document in eLibrary, type the docket number excluding the last three digits of this 

document in the docket number field and follow other directions on the search page. 

125. User assistance is available for eLibrary and other aspects of the FERC's website 

during normal business hours. For assistance, contact FERC Online Support at 

FERCOnlineSupport@ferc.gov or toll free at (866) 208-3676, or for TTY, contact (202) 

502-8659. 

VIII. EFFECTIVE DATE AND CONGRESSIONAL NOTIFICIATION 

126. This Final Rule will take effect [insert date that is 30 days after date of publication 

in the FEDERAL REGISTER]. The Commission has determined with the concurrence 

of the Administrator of the Office of Information and Regulatory Affairs of the Office of 

Management and Budget, that this rule is not a major rule within the meaning of Section 

251 of the Small Business Regulatory Enforcement Fairness Act of 1996.70 The 

Commission will submit the Final Rule to both houses of Congress and the General 

Accounting Office.71

 70 See 5 U.S.C. 804(2) (2000). 

71 See 5 U.S.C. 801(a)(1)(A) (2000). 
Docket No. RM03-8-000 - 37 - 

List of Subjects 

18 CFR Part 141

 Electric power, Reporting and recordkeeping requirements. 

18 CFR Part 260

 Natural gas, Reporting and recordkeeping requirements. 

18 CFR Part 357

 Pipelines, Reporting and recordkeeping requirements. 

18 CFR Part 375 

 Authority delegations (Government agencies), Seals and insignia, Sunshine Act. 

By the Commission. 

( S E A L ) 

 Magalie R. Salas, 

 Secretary. 
Docket No. RM03-8-000 - 38 - 

 In consideration of the foregoing, the Commission amends parts 141, 260, 357, 

and 375, Chapter I, Title 18, Code of Federal Regulations, as follows. 

PART 141-STATEMENTS AND REPORTS (SCHEDULES) 

1. The authority citation for part 141 continues to read as follows: 

AUTHORITY: 15 U.S.C. 79; 16 U.S.C. 791a-828c, 2601-2645; 31 U.S.C. 9701; 42 

U.S.C. 7101-7352. 

2. In § 141.1, paragraph (b) (2) is revised to read as follows: 

§ 141.1 FERC Form No. 1, Annual report of Major electric utilities, licensees, and 

others. 

* * * * * 

 (b) Filing requirements. * * * 

 (2) When to file and what to file.

 (i) The annual report for the year ending December 31, 2004, must be filed on 

April 25, 2005. 

 (ii) The annual report for each year thereafter must be filed on April 18. 

 (iii) This report must be filed with the Federal Energy Regulatory Commission as 

prescribed in § 385.2011 of this chapter and as indicated in the General Instructions set 

out in this form, and must be properly completed and verified. Filing on electronic media 

pursuant to § 385.2011 of this chapter is required. 

3. In § 141.2, paragraph (b) (2) is revised as follows: 

§ 141.2 FERC Form No. 1-F, Annual report for Nonmajor public utilities and 

licensees. 

* * * * * 

 (b) Filing requirements. * * * 

 (2) When to file.

 (i) The annual report for the year ending December 31, 2004, must be filed on 

April 25, 2005. 

 (ii) The annual report for each year thereafter must be filed on April 18. 

4. Section 141.400 is added to read as follows: 

§ 141.400 FERC Form No. 3-Q, Quarterly financial report of electric utilities, 

licensees, and natural gas companies. 
Docket No. RM03-8-000 - 39 - 

 (a) Prescription. The quarterly report of electric utilities, licensees, and natural gas 

companies, designated as FERC Form No. 3-Q, is prescribed for the reporting quarter 

ending March 31, 2004, and each quarter thereafter. 

 (b) Filing requirements. (1) Who must file-(i) Generally. Each electric utility (as 

defined in part 101 of subchapter C of this chapter) and other entity, i.e. each corporation, 

person, or licensee as defined in Section 3 of the Federal Power Act (16 U.S.C. 792 

et. seq.), including any agency or instrumentality engaged in generation, transmission, 

distribution, or sale of electric energy, however produced, throughout the United States 

and its possessions, having sales or transmission service, whether or not the jurisdiction 

of the Commission is otherwise involved, must prepare and file with the Commission 

FERC Form No. 3-Q pursuant to the General Instructions set out in that form. 

 (ii) Exceptions. This report form is not prescribed for any agency, authority or 

instrumentality of the United States, nor is it prescribed for municipalities as defined in 

section 3 of the Federal Power Act; (i.e. a city, county, irrigation district, or other 

political subdivision or agency of a State competent under the laws thereof to carry on the 

business of developing, transmitting, utilizing, or distributing power). 

 (2) Each major public utility and licensee must file the quarterly financial report 

form as follows: 

 (i) The quarterly financial report for the period January 1 through March 31, 2004, 

must be filed on or before July 9, 2004. 

 (ii) The quarterly financial report for the period April 1 through June 30, 2004, 

must be filed on or before September 8, 2004. 

 (iii) The quarterly financial report for the period July 1 through September 30, 

2004, must be filed on or before December 9, 2004. 

 (iv) Subsequent quarterly financial reports must be filed within 60 days from the 

end of the reporting quarter. 

 (3) Nonmajor public utilities and licensees must file the quarterly financial report 

form as follows: 

(i) The quarterly financial report for the period January 1 through March 31, 2004, 

must be filed on or before June 23, 2004. 

 

(ii) The quarterly financial report for the period April 1 through June 30, 2004, 

must be filed on or before September 22, 2004. 
Docket No. RM03-8-000 - 40 - 

 (iii) The quarterly financial report for the period July 1 through September 30, 

2004, must be filed on or before December 23, 2004. 

 (iv) Subsequent quarterly financial reports must be filed within 70 days from the 

end of the reporting quarter. 

 

(4) This report must be filed as prescribed in § 385.2011 of this chapter and as 

indicated in the General Instructions set out in the quarterly financial report form, and 

must be properly completed and verified. Filing on electronic media pursuant to § 

385.2011 of this chapter will be required commencing with the quarterly financial report 

ending March 31, 2004, due on or before July 9, 2004 for major public utilities and 

licensees, and due on or before July 23, 2004 for nonmajor public utilities and licensees. 

5. In § 141.500, paragraphs (b), (c) and (d) are removed, the paragraph designation 

for paragraph (a) is removed, and the section heading is revised to read as set forth 

below: 

§ 141.500 Cash management programs. 

 

PART 260-STATEMENTS AND REPORTS (SCHEDULES)

6. The authority citation for part 260 continues to read as follows: 

AUTHORITY: 15 U.S.C. 717-717w, 3301-3432; 42 U.S.C. 7101-7352. 

7. In § 260.1, paragraph (b) is revised as follows: 

§ 260.1 FERC Form No. 2, Annual report for Major natural gas companies. 

 * * * * * 

 (b) Filing requirements. Each natural gas company, as defined by the Natural 

Gas Act (15 U.S.C. 717, et. seq.) which is a major company (a natural gas company 

whose combined gas transported or stored for a fee exceed 50 million Dth in each of the 

three previous calendar years) must prepare and file with the Commission, as follows: 

 (1) The annual report for the year ending December 2004 must be filed on 

April 25, 2005. 

 (2) The annual report for each year thereafter must be filed on April 18 of the 

subsequent year. 

 (3) Newly established entities must use projected data to determine whether FERC 

Form No. 2 must be filed. 
Docket No. RM03-8-000 - 41 - 

 (4) The form must be filed in electronic format only, as indicated in the general 

instructions set out in that form. The format for the electronic filing can be obtained at 

the Federal Energy Regulatory Commission, Division of Information Services, Public 

Reference and Files Maintenance Branch, Washington, DC 20426. One copy of the 

report must be retained by the respondent in its files. 

8. In § 260.2, paragraph (b) is revised to read as follows: 

§ 260.2 FERC Form No. 2-A, Annual reports for Nonmajor natural gas companies. 

 * * * * * 

 (b) Filing requirements. Each natural gas company, as defined by the Natural 

Gas Act, not meeting the filing threshold for FERC Form No. 2, but having total gas sales 

or volume transactions exceeding 200,000 Dth in each of the three previous calendar 

years, must prepare and file with the Commission, as follows: 

 (1) The annual report for the year ending December 2004 must be filed on April 

25, 2005. 

 (2) The annual report for each year thereafter must be filed on April 18 of the 

subsequent year. 

 (3) Newly established entities must use projected data to determine whether FERC 

Form No. 2-A must be filed. 

 (4) The form must be filed in electronic format only, as indicated in the General 

Instructions set out in that form. The format for the electronic filing can be obtained at 

the Federal Energy Regulatory Commission, Division of Information Services, Public 

Reference and Files Maintenance Branch, Washington, DC 20426. One copy of the 

report must be retained by the respondent in its files. 

9. Section 260.300 is added to read as follows: 

§ 260.300 FERC Form No. 3-Q, Quarterly financial report of electric utilities, 

licensees, and natural gas companies. 

(a) Prescription. The quarterly report for electric utilities, licensees, and natural 

gas companies, designated herein as FERC Form No. 3-Q, is prescribed for the reporting 

quarter ending March 31, 2004, and each quarter thereafter. 

(b) Filing requirements. (1) Who must file. Each natural gas company, (as 

defined in the Natural Gas Act (15 U.S.C. 717, et. seq.) must prepare and file with the 

Commission a FERC Form No. 3-Q pursuant to the General Instructions set out in that 

form. 
Docket No. RM03-8-000 - 42 - 

(2) Each Major natural gas company must file this quarterly financial report form 

as follows: 

(i) The quarterly financial report for the period January 1 through March 31, 2004, 

must be filed on or before July 9, 2004. 

(ii) The quarterly financial report for the period April 1 through June 30, 2004, 

must be filed on or before September 8, 2004. 

(iii) The quarterly financial report for the period July 1 through September 30, 

2004, must be filed on or before December 9, 2004. 

(iv) Subsequent quarterly financial reports must be filed within 60 days from the 

end of the reporting quarter. 

(3) Each Nonmajor natural gas company must file a quarterly financial report as 

follows: 

(i) The quarterly financial report for the period January 1 through March 31, 2004, 

must be filed on or before July 23, 2004. 

(ii) The quarterly financial report for the period April 1 through June 30, 2004, 

must be filed on or before September 22, 2004. 

(iii) The quarterly financial report for the period July 1 through September 30, 

2004, must be filed on or before December 23, 2004. 

(iv) Subsequent quarterly financial reports must be filed within 70 days from the 

end of the reporting quarter. 

(4) This report must be filed as prescribed in § 385.2011 of this chapter as 

indicated in the General Instructions set out in the quarterly financial report form, and 

must be properly completed and verified. Filing on electronic media pursuant to § 

385.2011 of this chapter will be required commencing with the quarterly financial report 

ending March 31, 2004, due on or before July 9, 2004 for major natural gas companies, 

and due on or before July 23, 2004 for nonmajor natural gas companies. One copy of the 

report must be retained by the respondent in its files. 

10. In § 260.400, paragraphs (b), (c) and (d) are removed, the paragraph designation 

for paragraph (a) is removed, and the section heading is revised to read as set forth 

below: 
Docket No. RM03-8-000 - 43 - 

§ 260.400 Cash management programs. 

PART 357—ANNUAL SPECIAL OR PERIODIC REPORTS: CARRIERS 

SUBJECT TO PART I OF THE INTERSTATE COMMERCE ACT

11. The authority citation for part 357 continues to read as follows: 

AUTHORITY: 42 U.S.C. 7101-7352; 49 U.S.C. 60502; 49 App. U.S.C. 1-85 (1988). 

12. In § 357.2, paragraph (b) is revised to read as follows: 

§ 357.2 FERC Form No. 6, Annual report of oil pipeline companies. 

 * * * * * 

 (b) When to file.

 (1) The annual report for the year ending December 31, 2004, must be filed on 

April 25, 2005. 

 (2) The annual report for each year thereafter must be filed on April 18 of the 

subsequent year. 

 * * * * * 

13. Section 357.4 is added to read as follows: 

§ 357.4 FERC Form No. 6-Q, Quarterly report of oil pipeline companies. 

 (a) Prescription. The quarterly financial report form of oil pipeline companies, 

designated as FERC Form No. 6-Q, is prescribed for the reporting quarter ending March 

31, 2004, and each quarter thereafter. 

 (b) Filing requirements. (1) Who must file. Each oil pipeline company, subject to 

the provisions of section 20 of the Interstate Commerce Act, must prepare and file with 

the Commission FERC Form No. 6-Q. 

 (2) When to file and what to file. This quarterly financial report form must be filed 

as follows: 

 (i) The quarterly financial report for the period January 1 through March 31, 2004, 

must be filed on or before July 23, 2004. 

 (ii) The quarterly financial report for the period April 1 through June 30, 2004, 

must be filed on or before September 22, 2004. 

 (iii) The quarterly financial report for the period July 1 through September 30, 

2004, must be filed on or before December 23, 2004. 
Docket No. RM03-8-000 - 44 - 

 (iv) Subsequent quarterly financial reports must be filed within 70 days from the 

end of the reporting quarter. 

 (v) This report must be filed as prescribed in § 385.2011 of this chapter and as 

indicated in the General Instructions set out in the quarterly report form, and must be 

properly completed and verified. Filing on electronic media pursuant to § 385.2011 of 

this chapter will be required commencing with the reporting quarter ending March 31, 

2004, due on or before July 23, 2004. 

14. In § 357.500, paragraphs (b), (c) and (d) are removed, the paragraph designation 

for paragraph (a) is removed, and the section heading is revised to read as set forth 

below: 

§ 357.500 Cash management programs. 

PART 375—THE COMMISSION

15. The authority citation for part 375 continues to read as follows: 

AUTHORITY: 5 U.S.C. 551-557; 15 U.S.C. 717-717w, 3301-3432; 16 U.S.C. 791-825r, 

2601-2645; 42 U.S.C. 7101-7352. 

16. In § 375.303, paragraphs (d) and (e) are added to read as follows: 

§ 375.303 Delegations to the Chief Accountant. 

 * * * * * 

 (d) Accept for filing Quarterly Financial Report Form Nos. 3-Q and 6-Q if such 

filings are in compliance with Commission orders or decisions, and when appropriate, 

notify the party of such acceptance. Issue and sign deficiency letters if the filing fails to 

comply with applicable statutory requirements, and with all applicable Commission rules, 

regulations, and orders for which a waiver has not been granted. 

 (e) Deny or grant, in whole or in part, requests for waiver of the reporting 

requirements for the forms under §§ 141.400, 260.300, and 357.400 of this chapter and 

the filing of these forms on electronic media under § 385.2011 of this chapter. 
Docket No. RM03-8-000 - 45 - 

Note: The following appendices will not be published in the Code of Federal Regulations. 

Appendix A: List of Commenters 

Company Name Abbreviation 

1 American Electric Power Company, Inc. AEP 

2 American Gas Association AGA 

3 American Public Gas Association APGA 

4 Arizona Public Service Company Arizona 

5 Association of Oil Pipe Lines AOPL 

6 BP Pipelines (North America), Inc. BP 

7 Chevron Texaco Pipelines Chevron 

8 Cinergy Companies Cinergy 

9 Colonial Pipeline Company Colonial 

10 ConocoPhilips Company Conoco 

11 Connexus Energy and Walton Electric Membership Connexus 

12 Consolidated Edison Inc. ConEd 

13 Consumers Energy Company CE 

14 Deloitte & Touche D&T 

15 Detroit Edison Company Detroit Ed 

16 Dominion Resources Inc. Dominion 

17 Duke Energy Corporation Duke 

18 Dynegy NGL Pipeline Company LLC Dynegy 

19 Edison Electric Institute EEI 

20 El Paso Corporation’s Pipeline Group El Paso 

21 Empire District Electric Company Empire 

22 Entergy Corporation Entergy 

23 Enterprise Products Operating L.P. EPO 

24 ExxonMobil Pipeline Company Exxon 

25 FirstEnergy Corp. FirstEnergy 

26 Florida Power & Light FP&L 

27 Genesis Pipeline USA L.P. Genesis 

28 Graham County Electric Cooperative, Inc. Graham 

29 Gulfterra Energy Partners, L.P. Gulfterra 

30 Gulf South Pipeline Company LP Gulf South 

31 Hampshire Gas Company Hampshire 

32 Independent System Operator / Regional Transmission 

Organizational Council 

ISO/RTO 

Council 

33 Industry Coalition IC 

34 Inland Power & Light Inland 

35 International Transmission Company ITC 

36 Interstate Natural Gas Associations America INGAA 

37 Iroquois Gas Transmission System, L.P. Iroquois 
Docket No. RM03-8-000 - 46 - 

Company Name Abbreviation 

38 Kelso Beaver Pipeline Company Kelso 

39 KeySpan Corporation KeySpan 

40 Kinder Morgan Liquids Pipeline Kinder Morgan 

41 Koch Pipeline Company, L.P. Koch 

42 Maine Public Service Company MPSC 

43 MidAmerican Energy Company MidAmerica 

44 Missouri Public Service Commission Missouri PSC 

 45 National Association of Regulatory Utility 

 Commissioners 

 NARUC 

46 National Grid USA National Grid 

47 National Rural Electric Cooperative Association NRECA 

48 National Rural Utilities Cooperative Finance Corp NRUCFC 

49 NiSource Inc. Nisource 

50 Northeast Utilities NU 

51 Northern Natural Gas Company Northern Natural 

52 Old Dominion Electric Cooperative Old Dominion 

53 Otter Tail Power Company Otter Tail 

54 PacificCorp PacificCorp 

55 Pepco Holdings Inc Pepco 

56 Plains All American Pipeline LP Plains 

57 Portland General Electric Company Portland General 

58 PricewaterhouseCoopers LLP PWC 

59 PSEG Companies PSEG 

60 Rayburn County Electric Cooperative Inc. Rayburn 

61 San Diego Gas & Electric Company San Diego 

62 SCANA Corp SCANA 

63 Shell Gas Transmission LLC Shell Gas 

64 Shell Pipeline Company LP’s Shell Pipeline 

65 Southern California Edison SCE 

66 Southern Company Southern 

67 Sunoco Pipeline L.P. Sunoco 

68 Texas Gas Transmission, LLC Texas Gas 

69 Tucson Electric Power Company Tucson 

70 Unocal Pipeline Company Unocal 

71 USG Pipeline Company USG 

72 Williams Pipe Line Company, LLC Williams 

73 Williston Basin Interstate Pipeline Williston Basin 

74 Wolverine Power Supply Corporative Wolverine 
Docket No. RM03-8-000 1 

Appendix B: Form 3-Q and 6-Q Samples 

1 

 Form Approved 

 OMB No. ________ 

 (Expires Month/Day/Year) 

THIS FILING IS: 

___ An Initial (Original) Application or 

___ Resubmission No.____ 

RESPONDENT IS: 

____(E) Electric Utility, Licensee 

____(G) Natural Gas Company 

 

 FERC FORM No. 3-Q: 

QUARTERLY FINANCIAL REPORT OF 

ELECTRIC UTILITIES, LICENSEES, AND 

NATURAL GAS COMPANIES 

This report is mandatory under the Federal Power Act, Sections 3, 4(a), 304, 309, and 18 CFR 141.400, for public utilities and 

licensees, and under the Natural Gas Act, Sections 10(a), 16, and 18CFR 260.300, for natural gas companies. Failure to report may 

result in criminal fines, civil penalties and other sanctions as provided by law. The Federal Energy Regulatory Commission does not 

consider this report to be of a confidential nature. 

Exact Legal Name of Respondent (Company) 

____________________________________ 

For The Quarter Ending

 Month/Day/Year 
Docket No. RM03-8-000 2 

Appendix B: Form 3-Q and 6-Q Samples 

2 

LIST OF SCHEDULES 

Enter in columns (a) and (b) the terms “none," "not applicable," as appropriate, where no information or amounts have been reported for certain 

pages. Omit pages where the responses are "none" or "not applicable".

Line 

No. 

Title of Schedule Page No. Electric Utility, 

Licensee 

(a) 

Natural Gas 

Company 

(b) 

1 General Information 4-5 

2 Excerpts From the Law and General Penalties 6-7 

3 General Instructions 8 

4 Identification 9 

5 Officer Certification 10

6 Important Changes During the Quarter 11 

7 Comparative Balance Sheet 12-16 

8 Statement of Income and Retained Earnings 17-21 

10 Statement of Cash Flows 22-24 

11 Statement of Accumulated Comprehensive Income and Hedging Activities 25-26 

12 Notes to the Financial Statements 27 

14 Summary of Utility Plant and Accumulated Provisions for Depreciation, 

Amortization and Depletion 

28-29 

15 Plant in Service and Accumulated Provision for Depreciation By Function 30 

16 Public Utility and Licensees – Electric Revenues and Megawatt Hours 31 

17 Natural Gas Company – Gas Revenues and Dekatherms 32 

18 Depreciation, Depletion and Amortization Expenses of Utility Plant 33 

19 Electric Production, Other Power and Transmission and Distribution Expenses 34-35 

20 Gas Production and Other Gas Supply Expenses 36 

21 Natural Gas Storage, Terminaling, Processing, Transmission and Distribution 

 Expenses 

37 

22 Customer Accounts, Service, Sales, Administrative and General Expenses 38 

23 Other Regulatory Assets 39 

24 Other Regulatory Liabilities 40 

25 Transmission of Electricity For Others 41-42 
Docket No. RM03-8-000 3 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 3 

Line 

No. 

Title of Schedule Page No. Electric Utility, 

Licensee 

(a) 

Natural Gas 

Company 

(b) 

26 Transmission of Electricity By Others 43 

27 Monthly Peak Loads and Energy Output 44 

28 Monthly Transmission System Peak Load 45 
Docket No. RM03-8-000 4 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 4 

GENERAL INFORMATION

I. Purpose 

This form is a regulatory support requirement under 18 CFR 141.400 and 18 CFR 260.300. 

It is designed to collect financial and operational informational from electric 

utilities, licensees, and natural gas companies subject to the jurisdiction of the 

Federal Energy Regulatory Commission. This report is also considered to be a nonconfidential public use form. 

II. Who Must File

(a) Each major and non-major electric utility and licensee as classified in the 

Commission's Uniform System of Accounts Prescribed for Public Utilities and Licensees 

(18 CFR Part 101) subject to the provisions of the Federal Power Act, must submit the 

form. 

Note: Major means having, in each of the three previous calendar years, sales or 

transmission service that exceeds one of the following: 

(1) one million megawatt hours of total annual sales, 

(2) 100 megawatt hours of annual sales for resale, 

(3) 500 megawatt hours of annual power exchanges delivered, or 

(4) 500 megawatt hours of annual wheeling for others (deliveries plus losses). 

Non-major means having total annual sales of 10,000 megawatt-hours or more in the 

previous calendar year and not classified as Major. 

(b) Each major and non-natural gas company as classified in the Commission's Uniform 

System of Accounts Prescribed for Natural Gas Companies (18 CFR Part 201) subject to the 

provisions of the Natural Gas Act, must submit the form. 

III. What and Where to Submit

(a) Submit this form electronically through the Form 3-Q Submission Software. Retain 

one copy of this report for your files. 

(b) Respondents may submit the Corporate Officer Certification electronically, or file 

an original signed Corporate Officer Certification certification to: 

 Chief Accountant 

 888 First Street N.E. 

 Washington, DC 20426 
Docket No. RM03-8-000 5 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 5 

GENERAL INFORMATION (continued) 

IV. When to Submit

(a) Submit this report form according the filing dates contained in sections 18 CFR 

141.400 and 18 CFR 260.300 of the Commission's regulations. 

V. Where to Send Comments on Public Reporting Burden

(a) The public reporting burden for this collection of information is estimated to 

average 150 hours per response, including the time for reviewing instructions, searching 

existing data sources, gathering and maintaining the data needed, and completing and 

reviewing the collection of information. Send comments regarding this burden estimate 

or any aspect of this collection of information, including suggestions for reducing this 

burden, to the Federal Energy Regulatory Commission, 888 First Street, NE, Washington DC 

20426 (Attention: Michael Miller, ED-30); and to the Office of Information and 

Regulatory Affairs, Office of the Management and Budget, Washington, DC 20503 

(Attention: Desk Officer for the Federal Energy Regulatory Commission.) 

(b) You shall not be penalized for failure to respond to this collection of information 

unless the collection of information displays a valid OMB control number. 
Docket No. RM03-8-000 6 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 6 

EXCERPTS FROM THE LAW AND GENERAL PENALTIES 

Federal Power Act, 16 U.S.C. 791a-825r

"Sec. 3. The words defined in this section shall have the following meanings for the purposes of 

this Act, to wit: ... (3) "Corporation" means any corporation, joint-stock company, partnership, 

association, business trust, organized group of persons, whether incorporated or not, or a 

receiver or receivers, trustee or trustees of any of the foregoing. It shall not include 

municipalities, as hereinafter defined; 

(4) "Person" means an individual or corporation; 

(5) "Licensee" means any person, State or municipality Licensed under the provisions of section 4 

of this Act, and any assignee or successor in interest thereof; 

(7) "municipality" means a city, county, irrigation district, drainage district, or other 

political subdivision or agency of a state competent under the laws thereof to carry the business 

of developing, transmitting, unitizing, or distributing power; ..." 

(11) "Project" means a complete unit of improvement or development, consisting of a power house, 

all water conduits, all dams and appurtenant works and structures (including navigation 

structures) which are a part of said unit, and all storage, diverting, or forebay reservoirs 

directly connected therewith, the primary line or lines transmitting power therefrom to the point 

of junction with the distribution system or with the interconnected primary transmission system, 

all miscellaneous structures used and useful in connection with said unit or any part thereof, 

and all water rights, rights-of-way, ditches, dams, reservoirs, lands, or interest in the lands 

the use and occupancy of which are necessary or appropriate in the maintenance and operation of 

such unit; 

"Sec. 4. The Commission is hereby authorized and empowered: 

(a) To make investigations and to collect and record data concerning the utilization of the 

water resources of any region to be developed, the water-power industry and its relation to other 

industries and to interstate or foreign commerce, and concerning the location, capacity, 

development costs, and relation to markets of power sites; ... to the extent the Commission may 

deem necessary or useful for the purposes of this Act." 

"Sec. 304. (a) Every Licensee and every public utility shall file with the Commission such 

annual and other periodic or special reports as the Commission may be rules and regulations or 

other prescribe as necessary or appropriate to assist the Commission in the proper administration 

of this Act. The Commission may prescribe the questions upon which the Commission may need 

information. The Commission may require that such reports shall include, among other things, full 

information as to the assets and liabilities, capitalization, net investment, and reduction 

thereof, gross receipts, interest due and paid, depreciation, generation, transmission, 

distribution, delivery, use, and sale of electric energy. The Commission may require any such 

person to make adequate provision for currently determining such costs and other facts. Such 

reports shall be made under oath unless the Commission otherwise specifies." 

"Sec. 309. The Commission shall have power to perform any and all acts, and to prescribe, issue, 

and make, and rescind such orders, rules and regulations as it may find necessary or appropriate 

to carry out the provisions of this Act. Among other things, such rules and regulations may 

define accounting, technical, and trade terms used in this Act; and may prescribe the form or 

forms of all statements, declarations, applications, and reports to be filed with the Commission, 

the information which they shall contain, and the time within they shall be filed..." 

General Penalties

"Sec. 315. (a) Any licensee or public utility which willfully fails, within the time prescribed 

by the Commission, to comply with any order of the Commission, to file any report required under 

this Act or any rule or regulation of the Commission thereunder, to submit any information of 

document required by the Commission in the course of an investigation conducted under this Act 

... shall forfeit to the United States an amount not exceeding $1,000 to be fixed by the 

Commission after notice and opportunity for hearing..." 
Docket No. RM03-8-000 7 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 7 

EXCERPTS FROM THE LAW AND GENERAL PENALTIES

Natural Gas Act, 15 U.S.C. 717-717w

"Sec. 10(a). Every natural-gas company shall file with the Commission such annual and other 

periodic or special reports as the Commission may by rules and regulations or order prescribe as 

necessary or appropriate to assist the Commission in the proper administration of this act. The 

Commission may prescribe the manner and form in which such reports shall be made and require from 

such natural-gas companies specific answers to all questions upon which the Commission may need 

information. The Commission may require that such reports include, among other things, full 

information as to assets and liabilities, capitalization, investment and reduction thereof, gross 

receipts, interest dues and paid, depreciation, amortization, and other reserves, cost of 

facilities, costs of maintenance and operation of facilities for the production, transportation, 

delivery, use, or sale of natural gas, costs of renewal and replacement of such facilities, 

transportation, delivery, use and sale of natural gas..." 

"Section 16. The Commission shall have power to perform all and any acts, and to prescribe, 

issue, make, amend, and rescind such orders, rules, and regulations as it may find necessary or 

appropriate to carry out the provisions of this act. Among other things, such rules and 

regulations may define accounting, technical, and trade terms used in this act; and may prescribe 

the form or forms of all statements declarations, applications, and reports to be filed with the 

Commission, the information which they shall contain, and time within they shall be filed..." 

General Penalties

"Sec. 21(b). Any person who willfully and knowingly violates any rule, regulation, restriction, 

condition, or order made or imposed by the Commission under authority of this act, shall, in 

addition to any other penalties provided by law, be punished upon conviction thereof by a fine of 

not exceeding $500 for each and every day during which such offense occurs." 
Docket No. RM03-8-000 8 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 8 

GENERAL INSTRUCTIONS

(a) Prepare this report in conformity with the Uniform Systems of Accounts, 18 CFR Parts 101 and 

201. Interpret all accounting words and phrases in accordance with the Uniform Systems of 

Accounts. 

(b) Complete each question fully and accurately, even if it has been answered in a previous 

quarterly report. Enter the word "None" where it truly and completely states the fact. 

(c) Enter the month, day, and year for all dates. Use customary abbreviations. The "Date of 

Report" included in the header of each page is to be completed only for resubmissions. The date 

of the resubmission must be reported in the header for all form pages, whether or not they are 

changed from the previous filing. 

(d) For any resubmissions, submit the electronic filing using the Form 3-Q Submission Software. 

(e) Enter dollar amounts in whole numbers. Generally, except for certain schedules, all numbers, 

whether they are expected to be debits or credits, must be reported in the positive. Numbers 

having a sign that is different from the expected sign must be reported by enclosing the numbers 

in parentheses. 

(f) Definitions for statistical classifications used for completing schedules for transmission 

system reporting are as follows: 

FNS - Firm Network Transmission Service for Self. "Firm" means service that can not be 

interrupted for economic reasons and is intended to remain reliable even under adverse 

conditions. "Network Service" is Network Transmission Service as described in Order No. 888 and 

the Open Access Transmission Tariff. "Self" means the respondent. 

FNO - Firm Network Service for Others. "Firm" means that service cannot be interrupted for 

economic reasons and is intended to remain reliable even under adverse conditions. "Network 

Service" is Network Transmission Service as described in Order No. 888 and the Open Access 

Transmission Tariff. 

LFP - for Long-Term Firm Point-to-Point Transmission Reservations. "Long-Term" means one year or 

longer and "firm" means that service cannot be interrupted for economic reasons and is intended 

to remain reliable even under adverse conditions. "Point-to-Point Transmission Reservations" are 

described in Order No. 888 and the Open Access Transmission Tariff. For all transactions 

identified as LFP, provide in a footnote the termination date of the contract defined as the 

earliest date either buyer or seller can unilaterally cancel the contract. 

OLF - Other Long-Term Firm Transmission Service. Report service provided under contracts which do 

not conform to the terms of the Open Access Transmission Tariff. "Long-Term" means one year or 

longer and “firm” means that service cannot be interrupted for economic reasons and is intended 

to remain reliable even under adverse conditions. For all transactions identified as OLF, 

provide in a footnote the termination date of the contract defined as the earliest date either 

buyer or seller can unilaterally get out of the contract. 

SFP - Short-Term Firm Point-to-Point Transmission Reservations. Use this classification for all 

firm point-to-point transmission reservations, where the duration of each period of reservation 

is less than one-year. 

NF - Non-Firm Transmission Service, where firm means that service cannot be interrupted for 

economic reasons and is intended to remain reliable even under adverse conditions. 

OS - Other Transmission Service. Use this classification only for those services which can not 

be placed in the above-mentioned classifications, such as all other service regardless of the 

length of the contract and service form. Describe the type of service in a footnote for each 

entry. 

AD - Out-of-Period Adjustments. Use this code for any accounting adjustments or "true-ups" for 

service provided in prior reporting periods. Provide an explanation in a footnote for each 

adjustment. 
Docket No. RM03-8-000 9 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 9 

Name of Respondent

_______________________ 

____(E) Or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

IDENTIFICATION

Item 

1 Exact Legal Name of Respondent 

___________________________________________ 

2 Previous Name and Date of Change (If name changed during the period) 

___________________________________________ 

3 Address of Principal Office at End of Period 

___________________________________________ 

___________________________________________ 

4 Name of Contact Person 

___________________________________________ 

5 Title of Contact Person 

____________________________________________ 

7 Address of Contact Person (Street, City, State, Zip Code) 

____________________________________________ 

____________________________________________ 

8 Telephone of Contact Person, (Including Area Code) 

_____________________________________________
Docket No. RM03-8-000 10 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 10 

Name of Respondent

_____________________ 

_______(E) or ______(G) 

This Report is:

____ An Original 

 ____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

QUARTERLY CORPORATE OFFICER CERTIFICATION

The undersigned officer certifies that: 

I have examined this report and to the best of my knowledge, information, and belief all statements of fact 

contained in this report are correct statements of the business affairs of the respondent and the financial 

statements, and other financial information contained in this report, conform in all material respects to the 

Uniform System of Accounts. 

Line 

 No. 

Name of Certifying Officer Signature Title Date 

1 

Title 18, U.S.C. 1001 makes it a crime for any person to knowingly and willingly to make to any Agency or Department of the United States any 

false, fictitious or fraudulent statements as to any matter within its jurisdiction. 
Docket No. RM03-8-000 11 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 11 

Name of Respondent 

_______________ 

____(E) Or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 

 Month/Day /Year 

IMPORTANT CHANGES DURING THE QUARTER

Give particulars (details) concerning the matters indicated below. Make the statements explicit and precise, and number them in accordance 

with the inquires. Each inquiry should be answered. Enter "none," "not applicable," or "NA" where applicable. 

 

1. Changes in and important additions to franchise rights: Describe the actual consideration given therefore and state from whom the franchise 

rights were acquired. If acquired without the payment of consideration, state that fact. 

2. Acquisition of ownership in other companies by reorganization, merger, or consolidation with other companies: Give names of companies 

involved, particulars concerning the transactions, name of Commission authorizing the transaction, and reference to Commission authorization. 

3. Purchase or sale of an operating unit or system: Give a brief description of the property, and of the transactions relating thereto, and 

reference to Commission authorization, if any was required. Give date journal entries called for by the Uniform System of Accounts were 

submitted to the Commission. 

4. Important leaseholds (other than leaseholds for natural gas lands) that have been acquired or given, assigned or surrendered: Give effective 

dates, lengths of terms, names of parties, rents and other condition. State name of Commission authorizing lease and give reference to such 

authorization. 

5. Important extension or reduction of transmission or distribution system: State territory added or relinquished and date operations began or 

ceased and give reference to Commission authorization, if any was required. State also the approximate number of customers added or lost and 

approximate annual revenues of each class of service. Each natural gas company must also state major new continuing sources of gas made 

available to it from purchases, development, purchase contract or otherwise, giving location and approximate total gas volumes available, period 

of contracts, and other parties to such arrangements, etc. 

6. Obligations incurred as a result of issuance of securities or assumption of liabilities or guarantees including issuance of short term debt and 

commercial paper having a maturity of one year or less. Give reference to FERC or State Commission authorization, as appropriate, and the 

amount of the obligation or guarantee. 

7. Changes in articles of incorporation or amendments to charter. Explain the nature and purpose of such changes or amendments. 

8. State the estimated annual effect and nature of any important wage scale changes during the period. 

9. State briefly the status of any materially important legal proceedings pending at the end of the period, and the results of any such proceedings 

culminated during the period. 

10. Describe briefly any material important transactions of the respondent not disclosed elsewhere in this report in which an officer, director, 

security holder reported in the last Annual Report FERC Form 1, 1-F, 2 or 2-A, voting trustee, associated company or known associate of any of 

these persons was a party or in which such person had a material interest. 

 

11. Describe fully any changes in officers, directors, major security holders and voting powers of the respondent that may have occurred during 

the reporting period. 

12. In the event that the respondent participates in a cash management program(s) and its proprietary capital ratio is less than 30 percent 

please describe the significant events or transactions causing the proprietary capital ratio to be less than 30 percent, and the extent to which the 

respondent has amounts loaned or money advanced to its parent, subsidiary, or affiliated companies through a cash management program(s). 

Additionally, please describe plans, if any to regain at least a 30 percent proprietary ratio. 

 
Docket No. RM03-8-000 12 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 12 

Name of Respondent 

________________ 

(E)____ (G) ____ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

COMPARATIVE BALANCE SHEET

 

ASSETS

Current Year 

End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End 

Balance 

1 UTILITY PLANT 

2 Utility Plant (101-106, 114) 

3 Construction Work in Progress (107) 

4 TOTAL Utility Plant (Enter Total of lines 2 and 3) 

5 (Less) Accum. Prov. for Depr. Amort. Depl. (108, 111, 115) 

6 Net Utility Plant (Enter Total of line 4 less 5) 

7 Nuclear Fuel in Process of Ref., Conv.,Enrich., and Fab. (120.1) 

8 Nuclear Fuel Materials and Assemblies-Stock Account (120.2) 

9 Nuclear Fuel Assemblies in Reactor (120.3) 

10 Spent Nuclear Fuel (120.4) 

11 Nuclear Fuel Under Capital Leases (120.6) 

12 (Less) Accum. Prov. for Amort. of Nucl. Fuel Assemblies (120.5) 

13 Net Nuclear Fuel (Enter Total of lines 7-11 less 12) 

14 Net Utility Plant (Enter Total of lines 6 and 13) 

15 Utility Plant Adjustments (116) 

16 Gas Stored Underground - Noncurrent (117) Electric 

17 Gas Stored – Base Gas(117.1) GAS ACCOUNT 

18 System Balancing Gas (117.2) GAS ACCOUNT 

19 Gas Stored in Reservoirs and Pipelines Noncurrent (117.3) GAS 

20 Gas Owed to System Gas (117.4) GAS ACCOUNT 

21 OTHER PROPERTY AND INVESTMENTS 

22 Nonutility Property (121) 

23 (Less) Accum. Prov. for Depr. and Amort. (122) 

24 Investments in Associated Companies (123) 

25 Investment in Subsidiary Companies (123.1) 

26 (For Cost of Account 123.1, See Footnote Page 224, line 42) 

27 Noncurrent Portion of Allowances 

28 Other Investments (124) 

29 Sinking Funds (125) 

30 Depreciation Fund (126) 

31 Amortization Fund - Federal (127) 

32 Other Special Funds (128) 

33 Special Funds (129) Non-Major 

34 Long-Term Portion of Derivative Assets (175) 

35 Long-Term Portion of Derivative Assets – Hedges (176) 

36 TOTAL Other Property and Investments (Lines 22-25 and 27-35) 

 Forms 1 and 2 will be revised consistent with this page 
Docket No. RM03-8-000 13 

Appendix B: Form 3-Q and 6-Q Samples 

FERC FORM NO. 3-Q (NEW Month/Year) 13 

Name of Respondent 

____________________ 

____(E) or ___(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year

COMPARATIVE BALANCE SHEET (continued)

ASSETS Current Year 

 End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End Balance 

33 CURRENT AND ACCRUED ASSETS

34 Cash and Working Funds (Non-major Only) (130)

35 Cash (131)

36 Special Deposits (132-134)

37 Working Fund (135)

38 Temporary Cash Investments (136)

39 Notes Receivable (141)

40 Other Accounts Receivable (143)

41 (Less)Accum.Prov. For Uncollectible Accts.Cr (144)

42 Notes Receivable from Associated Companies (145)

43 Accounts Receivable from Assoc. Companies (146)

44 Fuel Stock (151)

45 Fuel Stock Expe nses Undistributed (152)

46 Residuals (Elec) and Extracted Products (153)

47 Plant Materials and Operating Supplies (154)

48 Merchandise (155)

49 Other Material and Supplies (156)

50 Nuclear Materials held for Sale (157)

51 Allowances (158.1 and 158.2)

52 (Less) Noncurrent Portion of Allowances

53 Stores Expenses Undistributed (163)

54 Gas Stored Underground-Current (164.1)

55 LNG Stored and Held for Processing (164.2-164.3)

56 Prepayments (165)

57 Advances for Gas (166-167)

58 Interest and Dividends Receivable (171)

59 Rents Receivable (172)

60 Accrued Utility Revenues (173)

61 Miscellaneous Current and Accrued Assets (174)

62 Derivative Instrument Assets (175)

63 (Less) Long-Term Portion of Derivative Instrument 

Assets (175)

64 Derivative Instrument Assets - Hedges (176)

65 (Less) Long-Term Portion of Derivative Instrument 

Assets - Hedges (176)

66 Total Current and Accrued Assets (Lines 34 through 65)
Docket No. RM03-8-000 14 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 14 

Name of Respondent

___________________ 

_____(E) or _____(G) 

This Report is: 

____An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

COMPARATIVE BALANCE SHEET (continued) 

ASSETS

Current Year 

End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End Balance 

67 DEFERRED DEBITS 

68 Unamortized Debt Expenses (181) 

69 Extraordinary Property Losses (182.1) 

70 Unrecovered Plant and Regulatory Study Costs (182.2) 

71 Other Regulatory Assets (182.3) 

72 Preliminary Survey and Investigation Charges (183) 

73 Preliminary Natural Gas Survey and Investigation Charges 

(183.1) 

74 Other Preliminary Survey and Investigation Charges (183.2) 

75 Clearing Accounts (184) 

76 Temporary Facilities (185) 

77 Miscellaneous Deferred Debits (186) 

78 Deferred Losses from Disposition of Utility Plant (187) 

79 Research, Development and Demonstration Expenditures (188) 

80 Unamortized Loss on Reacquired Debt (189) 

81 Accumulated Deferred Income Taxes (190) 

 82 Unrecovered Purchase Gas Costs (191) 

83 Total Deferred Debits (lines 68 through 82) 

84 TOTAL ASSETS (lines 15-20, 36, 66, and 83)
Docket No. RM03-8-000 15 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 15 

Name of Respondent

_______________ 

___(E) or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

COMPARATIVE BALANCE SHEET (continued)

LIABILITIES AND SHAREHOLDER EQUITY Current Year 

End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End Balance 

1 PROPRIETARY CAPITAL 

2 Common Stock Issued (201) 

3 Preferred Stock Issued (204) 

4 Capital Stocked Subscribed (202,205) 

5 Stock Liability for Conversion (203,206) 

6 Premium on Capital Stock (207) 

7 Other Paid-In Capital (208-211) 

8 Installments Received on Capital Stock (212) 

9 (Less) Discount on Capital Stock (213) 

10 (Less) Capital Stock Expense (214) 

11 Retained Earnings (215, 215.1, 216) 

12 Unappropriated Undistributed Subsidiary Earnings (216.1) 

13 (Less) Reacquired Capital Stock (217) 

14 Noncorporate Proprietorship (Non-major only)(218) 

15 Accumulated Other Comprehensive Income (219) 

16 Total Proprietary Capital (lines 2 through 15) 

17 LONG-TERM DEBT 

18 Bonds (221) 

19 (Less) Reacquired Bonds (222) 

20 Advances from Associated Companies (223) 

21 Other Long-term Debt (224) 

22 Unamortized Premium on Long-Term Debt (225) 

23 (Less) Unamortized Discount on Long-Term Debt (226) 

24 (Less) Current Portion of Long-Term Debt 

25 Total Long-Term Debt (lines 18 through 24) 

26 OTHER NONCURRENT LIABILITIES 

27 Obligations Under Capital Leases - Noncurrent (227) 

28 Accum. Prov. for Property Insurance (228.1) 

29 Accum. Prov. for Injuries and Damages (228.2) 

30 Accum. Prov. for Pensions and Benefits (228.3) 

31 Accum. Miscellaneous Operating Provisions (228.4) 

32 Accumulated Provision for Rate Refunds (229) 

33 Long-Term Portion of Derivative Instrument Liabilities 

34 Long-Term Portion of Derivative Instrument Liabilities -

Hedges 

35 Asset Retirement Obligations (230) 

36 Total Other Noncurrent Liabilities (lines 27 through 35) 
Docket No. RM03-8-000 16 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 16 

Name of Respondent

_______________ 

_____(E) or ____(G) 

This Report is:

______An Original 

______A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

COMPARATIVE BALANCE SHEET (continued)

LIABILITIES AND SHAREHOLDER EQUITY

Current Year 

End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End Balance 

Month/Day/Year

 37 CURRENT AND ACCRUED LIABILITIES

38 Current Portion of Long-Term Debt 

39 Notes Payable (231)

40 Accounts Payable (232)

41 Notes Payable to Associated Companies (233)

 42 Accounts Payable to Associated Companies (234)

 43 Customer Deposits (235)

 44 Taxes Accrued (236)

 45 Interest Accrued (237)

 46 Dividends Declared (238)

 47 Matured Long-Term Debt (239)

 48 Matured Interest (240) 

 49 Tax Collections Payable (241)

 50 Miscellaneous Current and Accrued Liabilities (242)

 51 Obligations under Capital Leases - Current (243)

 52 Derivative Instrument Liabilities (244)

 53 (Less) Long-Term Portion of Derivative Instrument 

Liabilities

 54 Derivative Instrument Liabilities - Hedges (245)

 55 (Less) Long-Term Portion of Derivative Instrument 

 Liabilities-Hedges

 56 Total Current and Accrued Liabilities (lines 38 

through 55)

 57 DEFERRED CREDITS

 58 Customer Advances for Construction (252)

 59 Accumulated Deferred Investment Tax Credits (255)

 60 Deferred Gains from Disposition of Utility Plant (256)

 61 Other Deferred Credits (253)

 62 Other Regulatory Liabilities (254)

 63 Unamortized Gain on Reacquired Debt (257)

 64 Accum. Deferred Income Taxes-Accel. Amort.(281)

65 Accum. Deferred Income Taxes-Other Property (282)

66 Accum. Deferred Income Taxes-Other (283)

 67 Total Deferred Credits (lines 58 through 66)

 68 TOTAL LIABILITIES AND STOCKHOLDER EQUITY 

(lines 16,25,36,56 and 67)
Docket No. RM03-8-000 17 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 17 

Name of Respondent

________________ 

This Report is:

_____An Original 

_____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter/Year Ending

Month/Day/Year

STATEMENT OF INCOME AND RETAINED EARNINGS 

1. Enter in column (b) the balance for the reporting quarter and in column (c) the balance for the same three month period for the prior year. 

2. Enter in column (d) the year to date balance for the year, and in column (e) the year to date balance for the same period of the prior year. 

3. Report in column (f) the quarter to date amounts for electric utility function; in column (g) the quarter to date amounts for gas utility, and in 

(h) the quarter to date amounts for other utility function. 

Line 

No. 

(a)

Current Year to 

Date Balance 

(Month/Day/Year)

(b) 

Prior Year to Date 

Balance 

(Month/Day/Year)

 (e) 

1 UTILITY OPERATING INCOME

2 Operating Revenues (400)

3 OPERATING EXPENSES

4 Operating Expenses (401)

5 Maintenance Expense (402)

6 Depreciation Expense (403)

7 Depreciation of Asset Retirement Costs (403.1)

8 Amortization and Depletion of Plant (404-405)

9 Amortization of Utility Plant Acq. Adj. (406)

10 Amortization of Property Losses, Unrecovered Plant and 

Regulatory Study Costs (407) 

11 Amort. of Conversion Expenses (407.2)

12 Regulatory Debits (407.3)

13 (Less) Regulatory Credits (407.4)

14 Taxes Other Than Income Taxes (408.1)

15 Income Taxes-Federal (409.1)

16 Income Taxes-Other (409.1)

17 Prov. for Def. Income Taxes (410.1)

18 (Less) Def. Income Taxes-Cr.(411.1)

19 ITC Adjustment - Net (411.4)

20 (Less) Gains From Disposition of Utility Plant (411.6)

21 Losses From Disposition of Utility Plant (411.7)

22 (Less) Gains From Disposition of Allowances (411.8)

23 Losses From Disposition of Allowances (411.9)

24 Accretion Expense (411.10)

25 Net Utility Operating Income (Lines 2 through 24)
Docket No. RM03-8-000 18 

Appendix B Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 18 

STATEMENT OF INCOME AND RETAINED EARNINGS (Continued)

Line 

No. 

Current Three 

Months Ended 

(Month/Day/Year) 

(d) 

Prior Three 

Months 

Ended 

(Month/Day/

Year) 

(e) 

ELECTRIC 

FUNCTION 

 (Month/Day/Year) 

(f) 

GAS FUNCTION 

(Month/Day/Year) 

(g) 

OTHER FUNCTION 

 (Month/Day/Year) 

(h) 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18 

19

20 

21 

22 

23 

24 

25
Docket No. RM03-8-000 19 

Appendix B Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 19 

Name of Respondent

____________________ 

This Report is:

_____An Original 

_____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS (continued)

(a)

Current Year to 

Date Balance 

(Month/Day/Year)

(b) 

Prior Year to Date 

Balance 

(Month/Day/Year)

(b) 

Current Three 

Months Ended 

(Month/Day/Year) 

(b) 

Prior Three 

Months Ended 

(Month/Day/Year) 

(c) 

26 Net Utility Operating Income

27 OTHER INCOME AND DEDUCTIONS

28 OTHER INCOME

29 NONUTILITY OPERATING INCOME

30 Revenues From Merchandising, 

Jobbing & Contract Work (415) 

31 (Less) Expenses of 

Merchandising, Jobbing & 

Contract Work (416)

32 Revenues From Nonutility 

Operations (417) 

33 (Less) Expenses of Nonutility 

Operations (417.1) 

34 Nonoperating Rental Income (418) 

35 Equity in Earnings of 

Subsidiaries (418.1) 

36 

Interest and Dividend Income 

(419) 

37 AFUDC (419.1) 

38 Misc. Nonoperating Income (421) 

39 Gain on Disposition of Property 

(421.1) 

40 Total Other Income (Enter Total 

lines of 32-41) 

41 OTHER INCOME DEDUCTIONS 

42 Loss on Disposition of Property 

(421.2) 

43 Miscellaneous Amortization (425)

44 Donations (426.1)

45 Life Insurance (426.2)

46 Penalties (426.3) 

47 Expenditures for Certain Civic, 

Political and Related Activities 

(426.4) 

48 Other Deductions (426.5)

49 

 Total Other Income Deductions 

(lines 44 through 50) 

Forms 1 and 2 will be revised consistent with this page.
Docket No. RM03-8-000 20 

Appendix B Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 20 

Name of Respondent 

___________________ 

_____(E) or _______(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS (continued)

(a) 

Current Year to 

Date Balance 

(Month/Day/Year)

(b) 

Prior Year to Date 

Balance 

(Month/Day/Year)

(b) 

Current Three 

Months Ended 

(Month/Day/Year) 

(b) 

Prior Three 

Months Ended 

(Month/Day/Year) 

(c) 

50 

TAXES APPLICABLE TO OTHER INCOME 

AND DEDUCTIONS 

51 

Taxes Other than Income Taxes 

(408.2) 

52 Income Taxes - Federal (409.2) 

53 Income Taxes - Other (409.2) 

54 

Provision for Deferred Income 

Taxes (410.2) 

55 (Less) Provision for Deferred 

Income Taxes-Cr. (411.2) 

56 Investment Tax Credit Adjustment 

-Net (411.5) 

57 Investment Tax Credits (420) 

58 

Total Taxes on Other Income and 

Deductions (Lines 53 through 59) 

59 

Net Other Income and Deductions 

 (total lines 42,51 and 60) 

60 INTEREST CHARGES 

61 Interest on Long-Term Debt (427) 

62 

Amortization of Debt Discount 

and Expenses(428) 

63 

Amortization of Loss on 

Reacquired Debt (428.1) 

64 (Less) Amortization of Premium 

on Debt-Credit (429) 

65 (Less) Amortization of Gain on 

Reacquired Debt(429.1) 

66 

Interest on Debt to Associated 

Companies (430) 

67 Other Interest Expense (431) 

68 

Allowance for Borrowed Funds 

Used During Construction-Cr. 

(432) 

69 Net Interest Charges (Lines 63 

through 70) 

70 Income Before Extraordinary 

Items (lines 28, 59, and 69) 
Docket No. RM03-8-000 21 

Appendix B Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 21 

Name of Respondent

_______________ 

_____(E) or _____(G) 

This Report is: 

____An Original 

____A Resubmission 

Date of Report

 

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS (continued)

Item 

(a) 

Current Year to 

Date Balance 

(Month/Day/Year)

(b) 

Prior Year to Date 

Balance 

(Month/Day/Year)

(b) 

Current Three 

Months Ended 

(Month/Day/Year) 

(d) 

Prior Three Months 

Ended 

(Month/Day/Year) 

(e) 

71 EXTRAORDINARY ITEMS 

72 Extraordinary Income (434) 

73 (Less) Extraordinary Deductions 

(435) 

74 Net Extraordinary Items 

(Line 75 less 76) 

75 Income Taxes -Federal and other 

(409.3) 

76 Extraordinary Items After Tax 

(Line 77 less 78) 

77 NET INCOME (line 72 and 79) 

78 

79 RETAINED EARNINGS 

80 UNAPPROPRIATED RETAINED 

EARNINGS 

81 Balance-Beginning of Year 

82 Adjustments to Retained 

Earnings (Account 439) 

83 Balance Transferred from Income 

(Account 433 less Account 

418.1) 

84 Appropriations of Retained 

Earnings (Account 436) 

85 Total Appropriations of Retained Earnings (Account 436) 

(Footnote Details) 

86 

TOTAL Dividends DeclaredPreferred Stock (Account 437) 

(Footnote Details) 

87 

TOTAL Dividends Declared-Common 

Stock (Account 438) (Footnote 

Details) 

88 Transfers from Account 216.1, Unappropriated Undistributed 

Subsidiary Earnings 

89 Balance - End of Year (Total 

lines 81 through 88) 

90 Appropriated Retained Earnings 

(Account 215) 

91 TOTAL Appropriated Retained Earnings (Account 215) 

(Footnote Details) 

92 Appropriated Retained EarningsAmortization Reserve, Federal 

(Acct. 215.1) 

93 TOTAL Appropriated Retained Earnings-Amortization Reserve, 

Federal (Account 215.1) 

94 TOTAL Appropriated Retained Earnings (Account 215, 215.1) 

(Total 91 and 93) 

95 TOTAL Retained Earnings (Account 215, 215.1, 216) 

(Total 89 and 94) 
Docket No. RM03-8-000 22 

Appendix B Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 22 

Name of Respondent 

_________________ 

_____(E) or ______(G) 

This Report is:

____ An Original 

 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATEMENT OF CASH FLOWS

(1) Codes to be used:(a) Net Proceeds or Payments;(b)Bonds, debentures and other long-term debt;(c) Include commercial paper; and (d) Identify separately such items as investments, fixed 

assets, intangibles, etc. 

(2) Information about noncash investing and financing activities must be provided in the Notes to 

the Financial statements. Also provide a reconciliation between "Cash and Cash Equivalents at 

End of Year" with related amounts on the Balance Sheet. 

(3) Operating Activities - Other: Include gains and losses pertaining to operating activities 

only. Gains and losses pertaining to investing and financing activities should be reported in 

those activities. Show in the Notes to the Financials the amounts of interest paid (net of 

amount capitalized) and income taxes paid. 

(4) Investing Activities: Include at Other (line 25) net cash outflow to acquire other companies. 

Provide a reconciliation of assets acquired with liabilities assumed in the Notes to the 

Financial Statements. Do not include on this statement the dollar amount of leases capitalized 

per the USofA General Instruction 20; instead provide a reconciliation of the dollar amount of 

leases capitalized with the plant cost.

Description (See Instruction for Explanation of Codes). 

 

 (a) 

Current Year to Date 

Month/Day/Year

 (b) 

Prior Year to Date 

Month/Day/Year

(c) 

1 CASH FLOW FROM OPERATING ACTIVITIES: 

2 Net Income 

3 Noncash Charges (Credits) to Income: 

4 Depreciation and Depletion 

5 Amortization of (Provide details in footnote) 

6 Deferred Income Taxes (Net) 

7 Investment Tax Credit Adjustment (Net) 

8 Net (Increase) Decrease in Receivables 

9 Net (Increase) Decrease Inventory 

10 Net (Increase) Decrease Allowances Inventory 

11 Net Increase (Decrease) Payables and Accrued Expenses 

12 Net (Increase) Decrease Other Regulatory Assets 

13 Net Increase (Decrease) Other Regulatory Liabilities 

14 (Less) Allowance for Other Funds Used During Construction 

15 (Less) Undistributed Earnings from Subsidiary Companies 

16 Other: (Provide details in footnote) 

17 Net Cash Provided by (Used in) Operating Activities (Total 

2 through 16) 
Docket No. RM03-8-000 23 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 23 

Name of Respondent

________________ 

____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF CASH FLOWS (continued)

Description (See Instruction for Explanation of Codes). 

(a) 

Current Year to 

Date 

Month/Day/Year

(b) 

Prior Year to 

Date 

Month/Day/Year

(c) 

18 CASH FLOW FROM INVESTMENT ACTIVITIES 

19 Construction and Acquisition of Plant (including land): 

20 Gross Additions to Utility Plant (less nuclear fuel) 

21 Gross Additions to Nuclear Fuel 

22 Gross Additions to Common Utility Plant 

23 Gross Additions to Non utility Plant 

24 (Less) Allowance for Other Funds Used During Construction 

25 Other: (provide details in footnote) 

26 Cash Outflows for Plant (Total of Lines 20 through 25) 

27 Acquisition of Other Noncurrent Assets (d) 

28 Proceeds from Disposal of Noncurrent Assets (d) 

29 Investments in and Advances to Associated and Subsidiary 

Companies 

30 Contributions and Advances from Associated and Subsidiary 

Companies 

31 Disposition of Investments in (and advances to) Associated and 

Subsidiary Companies 

32 Purchase of Investment Securities (a) 

33 Proceeds from Sales of Investment Securities (a) 

34 Loans Made or Purchased 

35 Collections on Loans 

36 Net (Increase) Decrease in Receivables 

37 Net (Increase) Decrease in Inventory 

38 Net (Increase) Decrease in Allowances Held for Speculation 

39 Net Increase (Increase) in Payables and Accrued Expense 

40 Other: (provide details in footnote) 

41 Net Cash Provided by (Used in)Investing Activities 

(lines 26 through 40) 
Docket No. RM03-8-000 24 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 24 

Name of Respondent 

____________________ 

________(E)________(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF CASH FLOWS (continued)

(a) 

Current Year to Date 

 Month/Day/Year 

(b) 

Prior Year to Date 

 Month/Day/Year (c) 

42 CASH FLOWS FROM FINANCING ACTIVITIES: 

43 Proceeds From Issuance of: 

44 Long-Term Debt (b) 

45 Preferred Stock 

46 Common Stock 

47 Other: (provide details in footnote) 

48 Capital Contributions from Partners 

49 Net Increase in Short-Term Debt (c) 

50 Other: (provide details in footnote) 

51 Cash Provided by Outside Sources (lines 43 - 50) 

52 Payments for Retirement of: 

53 Long-Term Debt (b) 

54 Preferred Stock 

55 Common Stock 

56 Other: (provide details in footnote) 

57 Net Decrease in Short-Term Debt (c) 

58 Dividends on Preferred Stock 

59 Dividends on Common Stock 

60 Net Cash Provided by (Used in) Financing Activities 

 (lines 51 through 59) 

61 NET (INCREASE) DECREASE IN CASH AND CASH EQUIVALENTS 

 (lines 17, 41, and 60) 

62 CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 

63 CASH AND CASH EQUIVALENTS AT END OF PERIOD 
Docket No. RM03-8-000 25 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 25 

Name of Respondent 

_________________ 

_____(E) or _____(G) 

This Report is:

____ An Original 

 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF ACCUMULATED COMPREHENSIVE INCOME AND HEDGING ACTIVITIES

1. Report in columns (b),(c),(d) and (e) the amounts of accumulated other comprehensive income 

items, on a net-of-tax basis, where appropriate. 

2. Report in columns (f) and (g) the amounts of other categories of other cash flow hedges. 

3. For each category of hedges that have been accounted for as "fair value hedges", report the 

accounts affected and the related amounts in a footnote. 

 

Item 

(a) 

 Unrealized Gains and 

Losses on Availablefor-Sale Securities 

(b) 

Minimum Pension 

Liability adjustment 

(net amount) 

 (c) 

Foreign Currency 

Hedges 

(d) 

 Other 

Adjustments 

 

 (e) 

1 Balance of Account 219 at 

Beginning of Preceding 

Quarter 

2 Preceding Quarter 

Reclassification from 

Account 219 to Net Income 

3 Preceding Quarter Changes 

in Fair Value 

4 Total (lines 2 and 3) 

5 Balance of Account 219 at 

End of Preceding Quarter/ 

Beginning of Current 

Quarter. 

6 Current Quarter 

Reclassification From 

Account 219 to Net Income 

7 Current Quarter Changes in 

Fair Value 

8 Total (lines 6 and 7) 

9 Balance of Account 219 at 

End of Current Quarter
Docket No. RM03-8-000 26 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 26 

Name of Respondent 

_________________ 

______(E) ______(G)

This Report is:

____ An Original 

 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF ACCUMULATED COMPREHENSIVE INCOME AND HEDGING ACTIVITIES (continued) 

Other Cash Flow Hedges 

Interest Rate Swaps 

(f) 

Other Cash Flow Hedges 

[Insert Category] 

 

(g) 

Totals for each 

category of 

items recorded in 

Account 219 

(h) 

Net Income 

(Carried 

Forward from Page 

117, Line 72) 

(i) 

Total 

Comprehensive 

Income 

(j) 

1 

2 

3 

4 

5 

 

6 

7 

8 

9 
Docket No. RM03-8-000 27 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 27 

Name of Respondent 

_______________ 

____(E) or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

NOTES TO FINANCIAL STATEMENTS

(1) Respondent must provide in the notes sufficient disclosures so as to make the 

interim information not misleading. Disclosures which would substantially duplicate the 

disclosures contained in the most recent FERC Annual Report may be omitted. 

(2) Disclosures shall be provided where events subsequent to the end of the most recent 

year have occurred which have a material effect on the respondent. Respondent must 

include in the notes significant changes since the most recently completed year in such 

items as: accounting principles and practices; estimates inherent in the preparation of 

the financial statements; status of long-term contracts; capitalization including 

significant new borrowings or modifications of existing financing agreements; and 

changes resulting from business combinations or dispositions. However were material 

contingencies exist, the disclosure of such matters shall be provided even though a 

significant change since year end may not have occurred. 

(3) Finally, if the notes to the financial statements relating to the respondent 

appearing in the annual report to the stockholders are applicable and furnish the data 

required by the above instructions, such notes may be included herein. 
Docket No. RM03-8-000 28 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 28 

Name of Respondent

________________ 

_____(E) or ____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS FOR DEPRECIATION, AMORTIZATION AND 

DEPLETION

Report in column (b) the total amount for the item shown in column (a). Report in Column (c) the 

amount for electric function, in column (d) the amount for gas function, in column (e) other 

(specify), and in column (f) common function.

 

Classification

TOTAL COMPANY

For the Quarter Ended 

Month/Day/Year

 (b)

1 UTILITY PLANT

2 In Service

3 Plant in Service (Classified)

4 Property Under Capital Lease

5 Plant Purchased or Sold

6 Completed Construction Not Classified

7 Experimental Plant Unclassified

8 TOTAL Utility Plant (lines 3 through 7)

9 Leased to Others

10 Held for Future Use

11 Construction Work in Progress

12 Acquisition Adjustments

13 TOTAL Utility Plant (lines 8 through 12)

14 Accum. Prov. for Depreciation, Amortization & Depletion

15 Net Utility Plant (Lines 13 and 14)

16 DETAIL OF ACCUM. PROV. FOR DEPRECIATION, AMORT. AND DEPLETION

17 IN SERVICE

18 Depreciation

19 Amort. and Depl. of Producing Natural Gas Land, Rights

20 Amort. of Underground Storage Land and Land Rights

21 Amortization of Other Utility Plant

22 TOTAL IN SERVICE (lines 18 through 21)

23 Leased to Others

24 Depreciation

25 Amortization and Depletion

26 TOTAL Leased to Others (lines 24 and 25)

27 Held for Future Use

28 Depreciation

29 Amortization

30 TOTAL Held for Future Use (lines 28 and 29)

31 Abandonment of leases (Natural Gas)

32 Amortization of Plant Acquisition Adjustment

33 TOTAL Accum. Provision (lines 22, 26, 30, 31, and 32)
Docket No. RM03-8-000 29 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 29 

Name of Respondent 

________________ 

_____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

SUMMARY OF UTILITY PLANT AND ACCUMULATED PROVISIONS FOR DEPRECIATION, AMORTIZATION AND 

DEPLETION (page 2)

Report in column (b) the total amount for the item shown in column (a). Report in Column (c) the 

amount for electric function, in column (d) the amount for gas function, in column (e) other 

(specify), and in column (f) common function. 

ELECTRIC 

For the Quarter 

Ended 

Month/Day/Year

 (c) 

GAS 

For the Quarter 

Ended 

Month/Day/Year

 (d) 

OTHER 

For the Quarter 

Ended 

Month/Day/Year

 (e) 

COMMON 

For the Quarter Ended 

Month/Day/Year

 

 (f) 

1

2 

3 

4 

5

6

7

8

9

10

11

12

13 

14 

15

16 

17

18 

19 

20 

21 

22 

23

24 

25

26

27

28 

29

30

31

32

33 
Docket No. RM03-8-000 30 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 30 

Name of Respondent

________________ 

_____(E) or _____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

PLANT IN SERVICE AND ACCUMULATED PROVISION FOR DEPRECIATION BY FUNCTION

1. Report below the original cost of plant in service by function. In addition to Account 101, 

include Account 102, and Account 106. Report in column (b) the original cost of plant in service 

and in column(c) the accumulated provision for depreciation and Amortization by function. 

 

Function 

(a) 

Plant in Service 

Balance at 

Month/Day/Year

 (b) 

Accum. Depreciation 

And Amortization 

Balance at 

Month/Day/Year

 (c) 

1 Part A: Balances Period to Date for 

Electric Plant In Service

2 Intangible Plant 

2 Steam Production 

3 Nuclear Production 

4 Hydraulic Production - Conventional 

5 Hydraulic Production - Pumped Storage 

6 Other Production 

7 Transmission 

8 Distribution 

9 General 

10 Total (lines 2 through 9) 

11 Part B: BALANCES AT PERIOD TO DATE GAS 

FOR NATURAL GAS 

 

 

15 Intangible Plant 

12 Productions-Manufactured Gas 

13 Production and Gathering - Natural Gas 

14 Products Extraction - Natural Gas 

15 Underground Gas Storage 

16 Other Storage Plant 

17 Base Load LNG Terminaling and Processing Plant 

18 Transmission 

19 Distribution 

20 General 

21 Total (lines 12 through 20) 
Docket No. RM03-8-000 31 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 31 

Name of Respondent

_______________ 

_____(E) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

PUBLIC UTILITY AND LICENSEES - ELECTRIC REVENUES AND MEGAWATT HOURS

1. Report below column (b) electric operating revenues for each prescribed account at end of 

quarter. 

2. In column (c) report Megawatt hour sales through the end of quarter. 

Line 

No. 

Item 

(a) 

Operating 

Revenues 

Year to Date 

(b) 

Megawatt Hour 

Sales 

Year to Date 

(c) 

1 SALES OF ELECTRICITY 

2 (440) Residential Sales 

3 (442) Commercial and Industrial Sales 

4 Small (or Commercial) 

5 Large (or Industrial) 

6 (444) Public Street and Highway Lighting 

7 (445) Other Sales to Public Authorities 

8 (446) Sales to Railroads and Railways 

9 (448) Interdepartmental Sales 

10 Total Sales to Ultimate Customers (lines 2 through 9) 

11 (447) Sales for Resale 

12 Total Sales of Electricity (lines 10 and 11) 

13 (Less) (449.1) Provision for Rate Refunds 

14 Total Revenues Net of Provision for Refunds (lines 12 

and 13) 

15 OTHER OPERATING REVENUES 

16 (450) Forfeited Discounts 

17 (451) Miscellaneous Service Revenues 

18 (453) Sales of Water and Water Power 

19 (454) Rent from Electric Property 

20 (455) Interdepartmental Rents 

21 (456) Other Electric Revenues 

22 Total Other Operating Revenues (line 16 through 

21) 

23 Total Electric Operating Revenues(line 14 and 22) 
Docket No. RM03-8-000 32 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 32 

Name of Respondent

_______________ 

 ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

NATURAL GAS COMPANY- GAS REVENUES AND DEKATHERMS 

1. Report below in column (b) natural gas operating revenues for each prescribed account year to 

date. 

2. In column (c) report the quantity of Dekatherms sold of natural gas year to date. 

 (a) 

Operating 

Revenues 

Year to Date 

(b) 

Dekatherms of 

Natural Gas 

Year to Date 

(c) 

1 SALES 

2 (480) Residential Sales 

3 (481) Commercial and Industrial Sales 

4 (482) Other Sales to Public Authorities 

5 (483) Sales for Resale 

6 (484) Interdepartmental Sales 

7 Total Sales (Lines 2 through 6) 

8 (485)Intra Company Transfers 

9 (487) Forfeited Discounts 

10 (488) Miscellaneous Service Revenues 

11 (489.1) Revenues From Transportation of Gas of Others 

Through Gathering Facilities 

12 (489.2) Revenues From Transportation of Gas of Others 

Through Transmission Facilities 

13 (489.3) Revenues From Transportation of Gas of Others 

Through Distribution Facilities 

14 (489.4) Revenues From Storing Gas of Others 

15 (490) Sales of Products Extracted From Natural Gas 

16 (491) Revenues From Natural Gas Processed By Others 

17 (492) Incidental Gasoline and Oil Sales 

18 (493) Rent From Gas Property 

19 (494) Interdepartmental Rents 

20 (495) Other Gas Revenues 

21 Subtotal (lines 7 through 20) 

22 (Less) (496) Provision for Rate Refunds 

23 TOTAL (Lines 21 and 22) 

Form 2 will be revised for consistency.
Docket No. RM03-8-000 33 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 33 

Name of Respondent

____________________ 

________(E)_______(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 

 Month/Day/Year 

DEPRECIATION, DEPLETION, AND AMORTIZATION OF UTILITY PLANT

1. Report the year to date amounts of depreciation expense, asset retirement cost depreciation, 

depletion and amortization, except amortization of acquisition adjustments for the accounts 

indicated and classified according to the plant functional groups described. 

Functional Classification 

 

(a) 

Depreciation 

Expense 

(403) 

(b) 

ARO 

Depreciation 

(403.1) 

 (c) 

Amort. 

Charges 

(404) 

 (d) 

Amort. 

Charges 

(405) 

(e) 

Total 

(e) 

1 Section A: ELECTRIC 

2 Intangible Plant 

3 Steam Production Plant 

4 Nuclear Production Plant 

5 Hydraulic Production Plant Conv 

6 Hydraulic Production Plant - Pumped 

Storage 

7 Other Production Plant 

8 Transmission Plant 

9 Distribution Plant 

10 General Plant 

11 Common Plant 

12 TOTAL ELECTRIC (lines 2 through 11) 

13 Section B: NATURAL GAS 

14 Intangible Plant 

15 Production Plant, Manufacturing Plant 

16 Production and Gathering Plant, NG 

17 Products Extraction Plant 

18 Underground Gas Storage Plant 

19 Other Storage Plant 

20 Base Load LNG Terminaling and 

Processing Plant 

21 Transmission Plant 

22 Distribution Plant 

23 General Plant 

24 Common Plant 

25 TOTAL GAS (lines 14 through 24) 
Docket No. RM03-8-000 34 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 34 

Name of Respondent 

_______________ 

____(E) or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

ELECTRIC PRODUCTION, OTHER POWER SUPPLY EXPENSES, TRANSMISSION AND DISTRIBUTION EXPENSES

Report Electric production, other power supply expenses, transmission and distribution expenses 

through the reporting period.

Year to Date 

Month/Day/Year

1 1.POWER PRODUCTION AND OTHER SUPPLY EXPENSES 

2 Steam Power Generation - Operation (500-509) 

3 Steam Power Generation - Maintenance (510-515) 

4 Total Power Production Expenses – Steam Power 

5 Nuclear Power Generation - Operation (517-525) 

6 Nuclear Power Generation - Maintenance(528-532) 

7 Total Power Production Expenses – Nuclear Power 

8 Hydraulic Power Generation - Operation (535-540.1) 

9 Hydraulic Power Generation - Maintenance(541-545.1) 

10 Total Power Production Expenses – Hydraulic Power 

11 Other Power Generation-Operation (546-550.1) 

12 Other Power Generation-Maintenance(551-554.1) 

13 Total Power Production Expenses – Other Power 

14 Other Power Supply Expenses 

15 Purchased Power (555) 

16 System Control and Load Dispatching (556) 

17 Other Expenses (557) 

18 Total Other Power Supply Expenses (line 15-17) 

19 Total Power Production Expenses (Total of lines 4, 7, 10, 13 and 18 

20 2. TRANSMISSION AND DISTRIBUTION EXPENSES 

21 Transmission Operation Expenses 

22 (560) Operation Supervision and Engineering 

23 (561) Load Dispatching 

24 (562) Station Expenses 

25 (563) Overhead Line Expenses 

26 (564) Underground Line Expenses 

27 (565) Transmission of Electricity by Others 

28 (566) Miscellaneous Transmission Expenses 

29 (567) Rents 

30 (567.1) Operation Supplies and Expenses (Non-Major) 

31 TOTAL Transmission Operation Expenses (Lines 22- 30) 
Docket No. RM03-8-000 35 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 35 

Name of Respondent 

_______________ 

____(E) or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

ELECTRIC PRODUCTION, OTHER POWER SUPPLY EXPENSES, TRANSMISSION AND DISTRIBUTION EXPENSES 

(Continued)

32 (568) Maintenance Supervision and Engineering 

33 (569) Maintenance of Structures 

34 (570) Maintenance of Station Equipment 

35 (571) Maintenance Overhead Lines 

36 (572) Maintenance of Underground Lines 

37 (573) Maintenance of Miscellaneous Transmission Plant 

38 (574) Maintenance of Transmission Plant 

39 Total Transmission Maintenance Expenses (Total Trans. Maintenance Expense Lines 32 -38) 

40 Total Transmission Expenses (Lines 31-39) 

41 DISTRIBUTION EXPENSES 

42 Distribution Operation Expenses (580-589) 

43 Distribution Maintenance Expenses (590-598) 

44 Total Distribution Expenses (Lines 42 and 43) 

45 TOTAL 
Docket No. RM03-8-000 36 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 36 

Name of Respondent

________________ 

_____(E) or ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year 

GAS PRODUCTION AND OTHER GAS SUPPLY EXPENSES

Report the amount of gas production and other gas supply expenses year to date.

Year to Date 

1 PRODUCTION EXPENSES

2 Manufactured Gas Production 

5 Total Manufactured Gas Production (700-742)

6 Natural Gas Production and Gathering

7 (750-760) Operation 

8 (761-769) Maintenance 

9 Total Natural Gas Production and Gathering (lines 7 and 8)

10 Production Extraction 

11 (770-783) Operation 

12 (784-791) Maintenance 

13 Total Production Extraction (lines 9 and 10)

14 (795-798) Exploration and Development Expenses

15 Other Gas Supply Expenses 

16 Operation 

17 (800) Natural Gas Well Head Purchases

18 (800.1) Natural Gas Well Head Purchases, Intra company Transfers

19 (801) Natural Gas Field Line Purchases

20 (802) Natural Gasoline Plant Outlet Purchases

21 (803) Natural Gas Transmission Line Purchases

22 (804) Natural Gas City Gate Purchases

23 (804.1) Liquefied Natural Gas Purchases

24 (805) Other Gas Purchases 

25 (805.1)(Less) Purchase Gas Cost Adjustments

26 Total Purchased Gas (lines 17 through 25)

27 (806) Exchange Gas 

28 Purchased Gas Expenses 

29 (807.1) Well Expense - Purchased Gas

30 (807.2) Operation of Purchased Gas Measuring Stations 

31 (807.3) Maintenance of Purchased Gas Measuring Stations 

32 (807.4) Purchased Gas Calculations Expenses

33 (807.5) Other Purchased Gas Expenses 

34 Total Purchased Gas Expenses 

35 (808.1) Gas Withdrawn From Storage-Debt

36 (808.2)(Less) Gas Delivered to Storage - Credit

37 (809.1) Withdrawals of Liquefied Natural Gas for Processing - Debt

38 (809.2)(Less) Deliveries of Natural Gas Processing - Credit 

39 Gas Used in Utility Operation-Credit

40 (810) Gas Used for Compressor Station Fuel - Credit

41 (811) Gas Used for Products Extraction - Credit

42 (812) Gas Used for Other Utility Operations - Credit

43 Total Gas Used in Utility Operations – Credit

44 (813) Other Gas Supply Expenses 

45 Total Other Gas Supply Expenses 

46 Total Production Expenses 

 
Docket No. RM03-8-000 37 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 37 

Name of Respondent

____________________ 

 ____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

NATURAL GAS STORAGE, TERMINALING, PROCESSING EXPENSES

Report the amount of natural gas storage, terminaling, processing, transmission and distribution 

expenses year to date. 

Year to Date 

Month/Day/Year

1 NATURAL GAS STORAGE, TERMINALING AND PROCESSING EXPENSES

2 UNDERGROUND STORAGE EXPENSES 

3 (814-826) Operations 

4 (830-837) Maintenance 

5 Total Underground Storage Expenses (lines 3 and 4)

6 OTHER STORAGE EXPENSES

7 (840-842.3) Operations 

8 (843.1-843.9) Maintenance 

9 Total Other Storage Expenses (lines 6 and 7)

10 LIQUEFIED NATURAL GAS TERMINALING AND PROCESSING

11 (844.1-846.2) Operations

12 (847.1-847.8) Maintenance 

13 Total Liquified Natural Gas Terminaling and Processing (Lines 11 and 12)

14 TRANSMISSION EXPENSES 

15 Transmission Operation Expenses 

16 (850) Operation Supervision and Engineering 

17 (851) System Control and Load Dispatching 

18 (852) Communication System Expenses 

19 (853) Compressor Station Labor and Expenses 

20 (854) Gas for Compressor Station Fuel 

21 (855) Other Fuel and Power for Compressor Stations 

22 (856) Mains Expenses 

23 (857) Measuring and Regulating Station Expenses 

24 (858) Transmission and Compression of Gas by Others 

25 (859) Other Expenses 

26 (860) Rents 

27 Total Transmission Operation Expenses 

28 

Transmission Maintenance Expenses

29 (861) Maintenance Supervision and Engineering 

30 (862) Maintenance of Structures and Improvements 

31 (863) Maintenance of Mains 

32 (864) Maintenance of Compressor Station Equipment 

33 (865) Maintenance of Measuring and Regulating Station Equipment 

34 (866) Maintenance of Communication Equipment 

35 (867) Maintenance of Other Equipment 

36 Total Transmission Maintenance Expenses

37 Total Transmission Expenses (lines 27 and 36)

38 DISTRIBUTION EXPENSES 

39 (871-881)Operation Expenses 

40 (885-894)Maintenance 

41 Total Distribution Expenses (lines 39 and 40)

42 Total (lines 5, 9, 13, 37 and 41) 
Docket No. RM03-8-000 38 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 38 

Name of Respondent

_______________ 

_____(E) or _____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

CUSTOMER ACCOUNTS, SERVICE, SALES, ADMINISTRATIVE AND GENERAL EXPENSES

Report the amount of expenses for customer accounts, service, sales, and administrative 

and general expenses year to date.

Year to Date 

Month/Day/Year

1 (901-905) CUSTOMER ACCOUNTS EXPENSE 

2 (907-910) CUSTOMER SERVICE AND INFORMATIONAL EXPENSES 

3 (911-917) SALES EXPENSES 

4 ADMINISTRATIVE AND GENERAL EXPENSES 

5 Operations 

6 (920) Administrative and General Expenses 

7 (921) Office Supplies and Expenses 

8 (Less) (922) Administrative Expenses Transferred - Credit 

9 (923) Outside Services Employed 

10 (924) Property Insurance 

11 (925) Injuries and Damages 

12 (926) Employee Pensions and Benefits 

13 (927) Franchise Requirements 

14 (928) Regulatory Commission Expenses 

15 (929) (Less) Duplicate Charges - Credit 

16 (930.1) General Advertising Expenses 

17 (930.2) Miscellaneous General Expenses 

18 (931) Rents 

19 Total Adm. and General Operation Expenses (lines 6 through 

18) 

20 Maintenance 

21 (935) Maintenance of General Plant 

22 Total Administrative and General Expenses 

(lines 19 and 21) 
Docket No. RM03-8-000 39 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 39 

Name of Respondent

____________________ 

_______(E)________(G) 

This Report is: 

____ An Original 

 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

OTHER REGULATORY ASSETS (Account 182.3)

1. Report below the particulars (details) called for concerning other regulatory assets, 

including rate order docket number, if applicable. 

 

2. Minor items (5% of the Balance in Account 182.3 at end of period, or amounts less than $50,000 

which ever is less), may be grouped by classes. 

Description and Purpose 

of Other Regulatory 

Assets 

(a) 

Balance at 

Beginning of 

Current 

Quarter 

(b) 

Debits 

(c) 

Written 

Off 

During 

Quarter 

 Account 

Charged 

 (d) 

Written 

Off 

During 

Period 

Amount 

(e) 

Balance at End 

of Current 

Quarter 

(f) 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 Total 

Annual Form 1 will be revised for consistency. 
Docket No. RM03-8-000 40 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 40 

Name of Respondent

________________ 

____(E) or _____(G) 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 

Month/Day/Year

OTHER REGULATORY LIABILITIES (Account 254)

1. Report below the particulars (details) called for concerning other regulatory liabilities, 

including rate order docket number, if applicable. 

2. Minor items (5% of the Balance in Account 254 at end of period, or amounts less than $50,000 

which ever is less), may be grouped by classes. 

Description and Purpose of 

Other Regulatory Assets 

(a) 

Balance at 

Beginning of 

Quarter 

(b) 

Debits 

Account 

Credited 

 (c) 

 Debits 

Amount 

 (d) 

Credits 

(e) 

Balance End of 

Quarter 

Month/Day/Year

(f) 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 Total 

Annual Forms 1 will be revised for consistency. 
Docket No. RM03-8-000 41 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 41 

Name of Respondent

________________ 

____(E) or _____(G) 

This Report is:

____ An Original 

 

____A Resubmission 

Date of Report

 

 Month/Day/Year 

For the Quarter Ending 

 

Month/Day/Year

TRANSMISSION OF ELECTRICITY FOR OTHERS (ACCOUNT 456)

1. Report all transmission of electricity, i.e., wheeling, provided for other electric utilities, 

cooperatives, municipalities, other public authorities, qualifying facilities, non-traditional 

utility suppliers and ultimate customers. Report quarterly data year to date. 

2. Use a separate line of data for each distinct type of transmission service involving the 

entities listed in column (a), (b) and (c). 

3. Report in column (a) the company or public authority that paid for the transmission service. 

Report in column (b) the company or public authority that the energy was received from and in 

column (c) the company or public authority that the energy was delivered to. Provide the full 

name of each company or public authority. Do not abbreviate or truncate name or use acronyms. 

Explain in a footnote any ownership interest in or affiliation the respondent has with the 

entities listed in columns (a), (b) or (c). 

4. In column (d) enter a Statistical Classification code based on the original contractual terms 

and conditions of the service as follows: LFP - "Long-Term Firm Point to Point Transmission 

Service, OLF - Other Long-Term Firm Transmission Service, SFP - Short-Term Firm Point to Point 

Transmission Reservation, NF - non-firm transmission service, OS - Other Transmission Service and 

AD - Out-of-Period Adjustments. Use this code for any accounting adjustments or "true-ups" for 

service provided in prior reporting periods. Provide an explanation in a footnote for each 

adjustment. See General Instruction for definitions of codes. 

 

Payment By 

Company or 

Public Authority 

Footnote 

Affiliation 

(a) 

Energy 

Received 

From 

Company or 

Public 

Authority 

Footnote 

Affiliation 

(b) 

Energy Delivered 

To 

Company or 

Public 

Authority 

Footnote 

Affiliation 

(c) 

Statis. 

Class. 

(d) 

FERC 

Rate 

Schedule 

or Tariff 

No. 

(e) 

Point of 

Receipt 

Substation 

or Other 

Designation 

(f) 

Point of 

Delivery 

Substation 

or Other 

Designation 

(g) 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 
Docket No. RM03-8-000 42 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 42 

Name of Respondent 

________________ 

____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 

 Month/Day/Year 

 

For the Quarter Ending 

 

Month/Day/Year

TRANSMISSION OF ELECTRICITY FOR OTHERS (ACCOUNT 456) (continued)

5. In column (e), identify the FERC rate schedule or Tariff Number. On separate lines, list all 

FERC rate schedules or contracts designations under which service, as identified in column (d), 

is provided. 

6. Report receipt and delivery locations for all single contract paths, "point-to-point" 

transmission service. In column (f) report the designation for the substation, or other 

appropriate identification for where energy was delivered as specified in the contract. 

7. Report in column (h) the number of megawatts of billing demand that is specified in the firm 

transmission service contract. Demand reported in column (h) must be in megawatts. Footnote any 

demand not stated in megawatts basis and explain. 

8. Report in column (i) and (j) the total megawatt hours received and delivered. 

9. In column (k) through (n) report the revenue amounts as shown on bills or vouchers. In column 

(k) provide revenues from energy charges related to the amount of energy transferred. In column 

(m), provide the total revenues from all other charges on bills or vouchers rendered, including 

out of period adjustments. Explain in a footnote all components of the amount shown in column 

(m). Report in column (n) the total charge shown on bills rendered to the entity listed in 

column (a). If no monetary settlement was made, enter zero in column (n). Provide a footnote 

explaining the nature of the non-monitory settlement, including the amount and type of energy or 

service rendered. 

10. Provide total amounts in column (i) through (n) as the last line. 

11. Footnote entries and provide explanations following all required data. 

Line 

No. 

Billing 

Demand 

(MWH) 

(h) 

MWH 

Received 

(i) 

MWH 

Delivered 

(j) 

Demand 

Charges 

 ($) 

(k) 

Energy 

Charges 

 ($) 

(l) 

Other 

Charges 

($) 

(m) 

Total 

Revenue 

 ($) 

(n) 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 
Docket No. RM03-8-000 43 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 43 

Name of Respondent 

________________ 

____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

 

For the Quarter Ending 

Month/Day/Year

TRANSMISSION OF ELECTRICITY BY OTHERS (ACCOUNT 565)

1. Report all transmission, i.e. wheeling or electricity provided by other electric utilities, 

cooperatives, municipalities, other public authorities, qualifying facilities, and others on a 

year to date basis for the quarter reported. 

2. In column (a) report each company or public authority that provided transmission service. 

Provide the full name of the company, abbreviate if necessary, but do not truncate mane or use 

acronyms. Explain in a footnote any ownership interest in or affiliation with the transmission 

service provider. Use additional columns as necessary to report all companies or public 

authorities that provided transmission service through the quarter reported. 

3. In column (b) enter a Statistical Classification code based on the original contractual terms 

and conditions of the service as follows: FNS - Firm Network Transmission Service for Self. 

LFP - Long-Term Firm Point-to-Point Transmission Reservations. SFP - Short-Term Firm Point-toPoint Transmission Reservations, NF - Non-Firm Transmission Service, and OS - other transmission 

service. See General Instructions for definitions of statistical classifications. 

4. Report in column (c) and (d) the total megawatt hours received and delivered by the provider 

of the transmission service. 

5. Report in column (e), (f) and (g) expenses as shown on bills or vouchers rendered to the 

respondent. In column (e) report the demand charges and in column (f) energy charges related to 

the amount of energy transferred. On column (g) report the total of all other charges on bills or 

vouchers rendered to the respondent, including any out of period adjustments. Explain in a 

footnote all components of the amount shown in column (g). Report in column (h) the total charge 

shown on bills rendered to the respondent. If no monetary settlement was made, enter zero in 

column (h). Provide a footnote explaining the nature of the non-monetary settlement, including 

the amount and type of energy or service rendered. 

6. Enter "TOTAL" in column (a) as the last line. 

7. Footnote entries and provide explanations following all required data. 

Name of Company 

or Public 

Authority 

Footnote 

Affiliations 

(a) 

Stat. 

Class 

 

(b) 

Megawatt 

hours 

Received 

 

 (c) 

Megawatt 

hours 

Delivered 

 

 (d) 

Demand 

Charges 

 (e) 

Energy 

Charges 

(f) 

Other 

Charges 

(g) 

Total 

(h) 

1 

2 

3 

4 

5 

6 

7 

8 

 
Docket No. RM03-8-000 44 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 44 

Name of Respondent

________________ 

____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

MONTHLY PEAK LOADS AND ENERGY OUTPUT

(1) Report the monthly peak load and energy output. If the respondent has two or more power 

systems which are not physically integrated, furnish the required information for each nonintegrated system. 

(2) Report on line 2 by month the system's output in Megawatt hours for each month. 

(3) Report on line 3 by month the non-requirements sales for resale. Include in the monthly 

amounts any energy losses associated with the sales. 

(4) Report on line 4 by month the system's monthly maximum megawatt load (60 minute integration) 

associated with the system. 

 (5) Report on lines 5 and 6 the specified information for each monthly peak load reported on 

line 4. 

Name of System: 

Line 

No (a) 

Month/Year

 (b) 

Month/Year

 (c) 

Month/Year

(d) 

Total for Quarter 

 (d) 

1 MONTHLY PEAK LOADS AND ENERGY 

OUTPUT 

2 Total Monthly Energy (MWH) 

3 Monthly Non-Requirements Sales 

for Resale 

4 Monthly Peak MW 

5 Day of Month Peak 

6 Hour of Monthly Peak 
Docket No. RM03-8-000 45 

Appendix B: Form 3-Q and 6-Q Samples. 

FERC FORM NO. 3-Q (NEW Month/Year) 45 

Name of Respondent

________________ 

____(E) or _____(G) 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

MONTHLY TRANSMISSION SYSTEM PEAK LOAD

(1) Report the monthly peak load on the respondent's transmission system. If the respondent has two or more power systems which 

are not physically integrated, furnish the required information for each non-integrated system. 

(2) Report on line 2 by month the transmission system's peak load. 

(3) Report on lines 3 and 4 the specified information for each monthly transmission - system peak load reported on line 2. 

(4) Report on lines 4 through 10 by month the system' monthly maximum megawatt load by statistical classifications. See General 

Instruction for the definition of each statistical classification. 

 

 

 (a) 

Month/Year

 (b) 

Month/Year

 (c) 

Month/Year

 (d) 

Total for Quarter 

 (e) 

1 MONTHLY TRANSMISSION 

SYSTEM PEAK LOADS

2 Monthly Peak MW - Total 

3 Day of Monthly Peak 

4 Hour of Monthly Peak 

5 Firm Network Service - For Self 

6 Firm Network Service – For Others 

7 Long-Term Firm Point-to-Point 

Reservations 

8 Other Long-Term Firm Service 

9 Short-Term Firm Point-to-Point 

Reservation 

10 Other Service 

Annual Form 1 will be revised to include an annual version of this page. 
Docket No. RM03-8-000 46 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 46 

 Form Approved 

 OMB No. ________ 

 Expires (Month/Day/Year) 

THIS FILING IS A

___ An Initial (Original) Application or

___ Resubmission No.____

 FERC FORM No. 6-Q: 

QUARTERLY FINANCIAL REPORT 

OF OIL PIPELINE COMPANIES 

This report is mandatory under the Interstate Commerce Act, Section 20, and 18 CFR 357.400. Failure to report may result in 

criminal fines, civil penalties and other sanctions as provided by law. The Federal Energy Regulatory Commission does not consider 

this report to be of a confidential nature. 
Docket No. RM03-8-000 47 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 47 

Exact Legal Name of Respondent (Company) 

____________________________________ 

For The Quarter Ending 

 Month/Day/Year 

LIST OF SCHEDULES

Enter in column (c) the terms “none”, "not applicable" as appropriate, where no 

information or amounts have been reported for certain pages. Omit pages where the 

responses are "none" or "not applicable". 

Line 

No. 

Title of Schedule Page No. Remarks 

1 General Information 3 

2 Excerpts from Law and General Penalties 4 

3 General Instructions 5 

4 Identification 6 

5 Corporate Officer Certification 7 

6 Important Changes During the Quarter 8 

7 Comparative Balance Sheet 9-11 

8 Statement of Income and Retained Earnings 12-14 

9 Statement of Cash Flows 15-17 

10 Statement of Accumulated Comprehensive Income and 

Hedging Activities 

18-19 

11 Notes to the Financial Statements 20 

12 Operating Revenues 21 

13 Operation, Maintenance and General Expenses 22-23 

14 Statistics of Operation 24-25 
Docket No. RM03-8-000 48 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 3 

I. Purpose 

This form is a regulatory support requirement under 18 CFR 357.400. It is designed to 

collect financial and operational informational from oil pipeline companies subject to 

the jurisdiction of the Federal Energy Regulatory Commission. This report is also 

considered to be a non-confidential public use form. 

II. Who Must File 

(a) Each oil pipeline company, subject to the provisions of Section 20 of the Interstate 

Commerce Act, and having jurisdictional operating revenues of $500,000 or more in each 

of the three immediately preceding calendar years, must submit this form. 

III. What and Where to Submit 

(a) Submit this form electronically through the Form 6-Q Submission Software. Retain one 

copy of this report for your files. 

(b) Respondents may submit the Corporate Officer Certification electronically or file a 

signed original Corporate Officer Certification to: 

 Chief Accountant 

 888 First Street N.E. 

 Washington, DC 20426 

IV. When to Submit 

(a) Submit this report form according the filing dates contained in sections 18 CFR 

357.400 of the Commission's regulations. 

V. Where to Send Comments on Public Reporting Burden 

(a) The public reporting burden for this collection of information is estimated to 

average 150 hours per response, including the time for reviewing instructions, searching 

existing data sources, gathering and maintaining the data needed, and completing and 

reviewing the collection of information. Send comments regarding this burden estimate 

or any aspect of this collection of information, including suggestions for reducing this 

burden, to the Federal Energy Regulatory Commission, 888 First Street, NE, Washington DC 

20426 (Attention: Michael Miller, ED-30); and to the Office of Information and 

Regulatory Affairs, Office of the Management and Budget, Washington, DC 20503 

(Attention: Desk Officer for the Federal Energy Regulatory Commission). 

(b) You shall not be penalized for failure to respond to this collection of information 

unless the collection of information displays a valid OMB control number. 
Docket No. RM03-8-000 49 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 4 

EXCERPTS FROM THE LAW

Interstate Commerce Act, Part 1

Section 20 

 (1) The Commission is hereby authorized to require annual, periodic, or special reports from carriers, lessors, *(as defined in this 

section), to prescribe the manner and form in which such reports shall be made, and to require from such carriers, lessors, 

***specific and full, true, and correct answers to all questions upon which the Commission may deem information to be necessary, 

classify such carriers, lessors, *as it may deem proper for any of these purposes. 

General Penalties

Section 20 

 (7)(b) Any person who shall knowingly and willfully make, cause to be made, or participate in the making of any false entry in 

any annual or other report required under this section to be filed, ***or shall knowingly or willfully file with the Commission any 

false report, or other document, shall be deemed guilty of an misdemeanor and shall be subject, upon conviction in any court of the 

United States of competent jurisdiction to a fine of not more than five thousand dollars or imprisonment for not more than two 

years, or both such fine and imprisonment:***

 (7)(c) Any carrier or lessor, or any officer, agent, employee, or representative thereof, who shall fail to make and file an annual or 

other report with the Commission within the time fixed by the Commission, or to make specific and full true and correct answer to 

any question within thirty days from the time it is lawfully required by the Commission so to do, shall forfeit to the United States 

the sum of one hundred dollars for each and every day it shall continue to be in default with respect thereto. 
Docket No. RM03-8-000 50 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 5 

GENERAL INSTRUCTIONS

I. Prepare this report in conformity with the Uniform System of Accounts (18 CFR 

352). Interpret all accounting words and phrases in accordance with the Uniform System 

of Accounts. 

II. Enter in dollar amounts in whole numbers. 

III. Complete each question fully and accurately, even if it has been answered in a 

previous quarterly report. Enter the word "None" where it truly and completely states 

the fact. 

IV. Enter the month, day, and year for all dates. Use customary abbreviations. The 

"Date of Report" included in the header of each page is to be completed only for 

resubmissions. The date of the resubmission must be reported in the header for all form 

pages, whether or not they are changed from the previous filing. 

V. For any resubmissions, submit the filing using the Form 6 - Q Submission Software. 

VI. Generally, except for certain schedules, all numbers, whether they are expected to 

be debits or credits, must be reported in the positive. Numbers having a sign that is 

different from the expected sign must be reported by enclosing the numbers in 

parentheses. 
Docket No. RM03-8-000 51 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 6 

Name of Respondent 

____________________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

IDENTIFICATION 

Item 

1 Exact Legal Name of Respondent 

________________________________________________________ 

2 Previous Name and Date of Change (If name changed during the period) 

________________________________________________________ 

3 Address of Principal Office at End of Period 

_______________________________________________________ 

________________________________________________________ 

4 Name of Contact Person 

________________________________________________________ 

5 Title of Contact Person 

________________________________________________________ 

7 Address of Contact Person (Street, City, State, Zip Code) 

_________________________________________________________ 

________________________________________________________ 

8 Telephone of Contact Person, (Including Area Code) 

_________________________________________________________
Docket No. RM03-8-000 52 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 7 

Name of Respondent 

____________________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

CORPORATE OFFICER CERTIFICATION 

The undersigned officer certifies that: 

I have examined this report and to the best of my knowledge, information, and belief all statements of fact 

contained in this report are correct statements of the business affairs of the respondent and the financial 

statements, and other financial information contained in this report, conform in all material respects to the 

Uniform System of Accounts. 

Line 

No. 

Name of Certifying Official Title Date 

1 

Title 18, U.S.C. 1001 makes it a crime for any person to knowingly and willingly to make to any Agency or Department of the 

United States any false, fictitious or fraudulent statements as to any matter within its jurisdiction. 
Docket No. RM03-8-000 53 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 8 

Name of Respondent

__________________ 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

IMPORTANT CHANGES DURING THE QUARTER

Give particulars (details) concerning the matters indicated below. Make the statements 

explicit and precise, and number these in accordance with the inquires. Each inquiry 

should be answered. Enter "none" or "not applicable" where applicable. If information 

which answers an inquiry is given elsewhere in the report, make a reference to the 

schedule in which it appears. 

(1) Changes and important additions to franchise rights: Describe the actual 

consideration given therefor and state from whom the franchise rights were acquired. 

State if no consideration was given. 

(2) Acquisition of ownership in other carrier operations by reorganization, merger, or 

consolidation with other companies: Give names of companies involved, particulars 

concerning the transactions, and reference to dates of Commission authorization and 

journal entries filed if applicable. 

(3) Important extension or reduction of carrier pipeline operations: State territory 

added or relinquished and date operations began or ceased and give reference to 

Commission authorization, if any was required. 

(4) State briefly the status of any materially important legal proceedings pending at 

the end of the year, and the results of any such proceedings culminated during the 

period. 

(5) In the event that respondent participates in a cash management program(s) and its 

proprietary capital ratio is less than 30 percent, please describe the significant 

events or transactions causing the proprietary capital ratio to be less than 30 percent, 

and the extent to which the respondent has amounts loaned or money advanced to its 

parent, subsidiary, or affiliated companies through a cash management program(s). 

Additionally, please describe plans, if any, to regain at least a 30 percent proprietary 

ratio.

 
Docket No. RM03-8-000 54 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 9 

Name of Respondent

__________________ 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

COMPARATIVE BALANCE SHEET

Current Year 

End of Quarter 

Balance 

Month/Day/Year

Prior Year 

End Balance 

1 CURRENT ASSETS

2 Cash (10)

3 Special Deposits (10-5)

4 Temporary Investments (11)

5 Notes Receivable (12) 

6 Receivables From Affiliated Companies (13)

7 Accounts Receivable (14) 

8 Accumulated Provision For Uncollectible Accounts (14-5)

9 Interest and Dividends Receivable (15)

10 Oil Inventory (16)

11 Material and Supplies (17)

12 Prepayment (18)

13 Other Current Assets (19)

14 Deferred Income Tax Assets (19-5)

15 TOTAL Current Assets (lines 2 through 14)

16 INVESTMENTS AND SPECIAL FUNDS 

17 Investments in Affiliated Companies (20) 

18 Stocks 

19 Bonds

20 Other Secured Obligations

21 Unsecured Notes

22 Investment Advances

23 Undistributed Earnings From Certain Invest in Account 20

24 Other Investments (21)

25 Stocks

26 Bonds

27 Other Secured Obligations

28 Unsecured Notes

29 Investment Advances

30 Sinking and Other Funds (22)

31 Total Investment and Special Funds (lines 17 through 30)
Docket No. RM03-8-000 55 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 10 

Name of Respondent 

___________________ 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

COMPARATIVE BALANCE SHEET (continued)

Current Year 

End of Quarter 

Balance 

(Month/Day/Year

Prior Year 

End Balance 

32 TANGIBLE PROPERTY 

33 Carrier Property (30) 

34 (Less) Accrued Depreciation - Carrier Property (31) 

35 (Less) Accrued Amortization - Carrier Property (32) 

36 Net Carrier Property (Line 33 Less lines 34 and 35) 

37 Operating Oil Supply (33) 

38 Non Carrier Property (34) 

39 (Less) Accrued Depreciation - Noncarrier Property 

40 Net Non Carrier Property (line 38 less 39) 

41 Total Tangible Property (lines 36, 37 and 40) 

42 OTHER ASSETS AND DEFERRED CHARGES 

43 Organization Costs and Other Intangibles (40) 

44 (Less) Accrued Amortization of Intangibles (41) 

45 Miscellaneous Other Assets (43) 

46 Other Deferred Charges (44) 

47 Accumulated Deferred Income Tax Assets (45) 

48 Derivative Instrument Assets (46) 

49 Derivative Instrument Assets - Hedges (47) 

50 Total Other Assets and Deferred Charges (lines 43 through 49) 

51 TOTAL ASSETS (lines 15, 31, 41, and 50) 

Name of Respondent This Report is: Date of Report For the Quarter Ending
Docket No. RM03-8-000 56 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 11 

____________________ 

____ An Original 

____A Resubmission 

 Month/Day/Year Month/Day/Year 

COMPARATIVE BALANCE SHEET (continued) 

Current Year 

End of Quarter Balance 

(Month/Day/Year)

Prior Year 

End Balance 

1 

CURRENT LIABILITIES 

2 Notes Payable (50) 

3 Payables to Affiliated Companies (51) 

4 Accounts Payable (52) 

5 Salaries and Wages Payable (53) 

6 Interest Payable (54) 

7 Dividend Payable (55) 

8 Taxes Payable (56) 

9 Long-Term Debt - Payable within one year (57) 

10 Other Current Liabilities (58) 

11 Deferred Income Tax Liabilities (59) 

12 Total Current Liabilities (lines 2 through 11) 

13 NONCURRENT LIABILITIES 

14 Long-Term Debt - Payable after one year (60) 

15 Unamortized Premium on Long-Term Debt-Dr (62) 

16 Other Noncurrent Liabilities (63) 

17 Accumulated Deferred Income Tax Liabilities (64) 

18 Total Noncurrent Liabilities (lines 14 through 17) 

19 Total Liabilities (lines 12 and 18) 

20 STOCKHOLDERS' EQUITY 

21 Capital Stock (70) 

22 Premiums on Capital Stock (71) 

23 Capital Stock Subscriptions (72) 

24 Additional Paid-In Capital (73) 

25 Appropriated Retained Income (74) 

26 Unappropriated Retained Income (75) 

27 (Less) Treasury Stock (76) 

28 Accumulated Other Comprehensive Income (77) 

29 Total Stockholders Equity (lines 20 through 27) 

30 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (lines 19 and 29) 
Docket No. RM03-8-000 57 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 12 

Name of Respondent 

__________________ 

This Report is: 

_____An Original 

_____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS

1. Enter in column (b) the balance for the reporting quarter and enter in column (c) the balance 

for the same three month period for the prior year. 

2. Enter in column (d) the year to date balance for the year, and enter in column (e) the year to 

date balance for the same period of the prior year.

(a)

Current Year 

Current Quarter 

(Month/Day/Year)

(b) 

Prior Year 

Prior Quarter 

(Month/Day/Year)

(c) 

Current Year 

to Date Quarter 

(Month/Day/Year) 

(d) 

Prior Year 

to Date Quarter 

(Month/Day/Year)

(e)

1 ORDINARY ITEMS-Carrier Operating 

2 Operating Revenues (600) 

3 (Less) Operating Expenses (610)

4 Net Carrier Operating Income

5 Other Income and Deductions

6 Income (Net) From Noncarrier 

Property (602)

7 Interest and Dividend Income (630) 

8 Miscellaneous Income (640) 

9 Unusual or Infrequent Items-Cr.(645) 

10 (Less)Interest Expense (650) 

11 (less) Misc. Income Charges (660)

12 (Less) Unusual or Infrequent Items 

Debit (665)

13 Dividend Income (Equity Investments)

14 Undistributed Earnings (Losses) 

15 Equity In Earnings (Losses) of 

Affiliated Companies (lines 13 and 

14)

16 Total Other Income and Deductions 

17 Ordinary Income Before Federal 

Income Taxes (line 4 (+/-) line 16)

18 (Less) Income Taxes on Income from 

Continuing Operations (670)

 

19 (Less) Prov. for Deferred Taxes 

Losses (671)

20 Income (Loss) From Continuing 

Operations (lines 17 through 19)
Docket No. RM03-8-000 58 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 13 

Name of Respondent

_________________ 

This Report is: 

_____An Original 

_____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS (continued) 

Current Year 

Current Quarter 

(Month/Day/Year)

(b) 

Prior Year 

Prior Quarter 

(Month/Day/Year)

(c) 

Current Year 

to Date Quarter 

(Month/Day/Year) 

(d) 

Prior Year 

to Date Quarter 

(Month/Day/Year)

(e)

21 Discontinued Operations 

22 Income (Loss) from Operations of 

Discontinued Segments (675) 

 (Less applicable income taxes)

23 Gain (Loss) on Disposal of 

Discontinued Segments (676)

24 Total Income (Loss) from 

Discontinued Operations (lines 

22 and 23) 

25 Total Income (Loss) before 

Extraordinary Items (lines 20 

and 24)

26 EXTRAORDINARY ITEMS AND 

ACCOUNTING CHANGES

27 Extraordinary Items-Net-(Debt) 

Credit (680)

28 Income Taxes on Extraordinary 

Items - Debit (Credit) (695)

29 Provision for Deferred Taxes 

Extraordinary Items (696)

30 Total Extraordinary Items (lines 

27 through 29)

31 Cumulative Effect of Changes in 

Accounting Principles - Net of 

taxes(697)

32 Total Extraordinary Items and 

Accounting Changes

33 Net Income (Loss) (Lines 25 and 

32)
Docket No. RM03-8-000 59 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 14 

Name of Respondent

_________________ 

This Report is: 

_____An Original 

_____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF INCOME AND RETAINED EARNINGS (continued) 

Item 

 (a)

Current Year 

Current Quarter 

(Month/Day/Year)

 (b) 

Prior Year 

Prior Quarter 

(Month/Day/Year)

 (c) 

Current Year 

to Date Quarter 

(Month/Day/Year) 

(d) 

Prior Year 

to Date Quarter 

(Month/Day Year)

 (e) 

34 UNAPPROPRIATED RETAINED INCOME 

35 Balance at Beginning of Period 

36 CREDITS 

37 

Net Balance Transferred From 

Income (700) 

38 Prior Period Adjustments to 

Beginning Retained Income (705) 

39 Other Credits (710) 

40 TOTAL (lines 34 through 39) 

41 DEBITS 

42 

Net Balance Transferred From 

Income (700) 

43 Other Debits (720) 

 

44 Appropriations of Retained 

Income (740) 

45 Dividend Appropriations of 

Retained Income (750) 

46

6

TOTAL (lines 42 Through 45) 

47 Net Increase (Decrease) During 

the period (line 40 minus 46) 

48 Balances at End of Year (line 35 

and 47) 

49 Balance From Line 58 

50 TOTAL Unappr.Retained Income and 

Equity in Undistr. Earnings 

Period(lines 48 and 49) 

51 AMOUNT OF ASSIGNED INCOME TAXES 

52 Account 710 

53 Account 720 

54 EQUITY IN UNDISTRIBUTED EARNINGS 

(LOSSES) OF AFFILIATED COMPANIES 

55 Balance at Beginning of Period 

56 Balance Transferred From Income 

57 Other Credits (Debits) 

58 Balance at End of Period 
Docket No. RM03-8-000 60 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 15 

Name of Respondent 

______________________ 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF CASH FLOWS

(1) Codes to be used: (a) Net Proceeds or Payments;(b)Bonds, debentures and other long-term 

debt;(c) Include commercial paper; and (d) Identify separately such items as investments, fixed 

assets, intangibles, etc. 

(2) Information about noncash investing and financing activities must be provided in the Notes to 

the Financial statements. Also provide a reconciliation between "Cash and Cash Equivalents at 

End of Year" with related amounts on the Balance Sheet. 

(3) Operating Activities - Other: Include gains and losses pertaining to operating activities 

only. Gains and losses pertaining to investing and financing activities should be reported in 

those activities. Show in the Notes to the Financials the amounts of interest paid (net of 

amount capitalized) and income taxes paid. 

(4) Investing Activities: Include at Other net cash outflow to acquire other companies. Provide 

a reconciliation of assets acquired with liabilities assumed in the Notes to the Financial 

Statements. Do not include on this statement the dollar amount of leases capitalized; instead 

provide a reconciliation of the dollar amount of leases capitalized with the plant cost.

Description (See Instruction for Explanation of 

Codes). 

Current Year to 

Date 

Month/Day/Year

Prior Year to 

Date 

Month/Day/Year

1 Net Cash Flow From Operating Activities: 

2 Net Income 

3 Noncash Charges (Credits) to Income: 

4 Depreciation 

5 Amortization 

6 Deferred Income Taxes 

7 Net (Increase) Decrease in Receivables 

8 Net (Increase) Decrease Inventory 

9 Net Increase (Decrease) in Payables and Accrued 

Expenses 

10 Other (Footnote Detail) 

11 Net Cash Provided by (Used in) Operating Activities 

 (lines 2 through 10) 
Docket No. RM03-8-000 61 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 16 

Name of Respondent 

_____________________

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

 Month/Day/Year 

STATEMENT OF CASH FLOWS (continued)

Description (See Instruction for Explanation of 

Codes). 

Current Year to 

Date 

Month/Day/Year

Prior Year to 

Date 

Month/Day/Year

12 Cash Flows From Investment Activities 

13 Construction and Acquisition of Plant (Including 

Land) 

14 Gross Additions to Carrier Property 

15 Gross Additions to Non-Carrier Property 

16 Other (Footnote Detail) 

17 Cash Outflows for Plant (lines 14 through 16) 

18 Acquisition Of Other Noncurrent Assets (d) 

19 Proceeds From Disposal of Noncurrent Assets (d) 

20 Investments in and Advances to Associated and 

Subsidiary Companies 

21 Contributions and Advances from Associated and 

Subsidiary Companies 

22 Disposition of Investments in (and Advances to) 

Associated and Subsidiaries Companies 

23 Purchase of Investment Securities (a) 

24 Proceeds from Sales of Investment Securities (a) 

25 Loans Made or Purchased 

26 Collections on Loans 

26 Net (Increase) Decrease in Receivables 

28 Net (Increase) Decrease in Inventory 

29 Net Increase (Decrease) in Payables and Accrued 

Expenses 

30 Other (Footnote Detail) 

31 Net Cash Provided by (Used in) Investing Activities 

(Total of Lines 18 through 30) 
Docket No. RM03-8-000 62 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 17 

Name of Respondent 

___________________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATEMENT OF CASH FLOWS (continued)

Current Year to 

Date 

Month/Day/Year

Prior Year to 

Date 

Month/Day/Year

32 Cash Flow From Financing Activities 

33 Proceeds from Issuance of 

34 Long-term debt (b) 

35 Capital Stock 

36 Other (Footnote Detail) 

37 Net Increase in Short-term Debt (c) 

38 Other (Footnote Detail): 

39 Cash Provided by Outside Sources (lines 34 through 

38) 

40 Payment for Retirement of 

41 Long-term Debt (b) 

42 Capital Stock 

43 Other (Footnote Detail): 

44 Net Decrease in Short-Term Debt (c) 

45 Dividends on Capital Stock 

46 Other (Footnote Detail): 

47 Net Cash Provided by (Used in) Financing 

Activities (Lines 40 through 46) 

48 Net Increase (Decrease) in Cash and Cash 

Equivalents (lines 11, 31, and 47) 

49 Cash and Cash Equivalents at Beginning of Period 

50 Cash and Cash Equivalents at End of Period 
Docket No. RM03-8-000 63 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 17 

Name of Respondent 

__________________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATEMENT OF ACCUMULATED COMPREHENSIVE INCOME AND HEDGING ACTIVITIES

1. Report in columns (b) (c) (d) and (e) the amounts of accumulated other comprehensive income 

items, on a net-of-tax basis, where appropriate. 

2. Report in columns (f) and (g) the amounts of other categories of other cash flow hedges. 

3. For each category of hedges that have been accounted for as "fair value hedges," report the 

accounts affected and the related amounts in a footnote.

 

Item 

(a) 

 Unrealized 

Gains and Losses 

on Available-forSale Securities 

 

 (b) 

Minimum 

Pension 

Liability 

adjustment 

(net amount) 

 (c) 

Foreign 

Currency 

Hedges 

 

 (d) 

 

Other 

Adjustments 

 

 (e) 

1 Balance of Account 77 at 

Beginning of Preceding 

Quarter 

2 Preceding Quarter 

Reclassification from 

Account 77 to Net Income 

3 Preceding Quarter 

Changes 

in Fair Value 

4 Total (lines 2 and 3) 

5 

Balance of Account 77 at 

End of Preceding 

Quarter/ Beginning of 

Current Quarter. 

6 Current Quarter 

Reclassification From 

Account 77 to Net Income 

7 Current Quarter Changes 

in Fair Value 

8 Total (lines 6 and 7) 

9 Balance of Account 77 at 

End of Current Quarter 
Docket No. RM03-8-000 64 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 18 

Name of Respondent

___________________ 

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

STATEMENT OF ACCUMULATED COMPREHENSIVE INCOME AND HEDGING ACTIVITIES (continued)

Other Cash Flow Hedges 

[Insert Category] 

 (f) 

Other Cash Flow Hedges 

[Insert Category] 

(g) 

Totals for each 

category of 

items recorded in 

Account 219 

 (h) 

Net Income 

(Carried 

Forward from Page 

117, Line 72) 

 (i) 

Total 

Comprehensive 

Income 

 (j) 

1 

2 

3 

4 

5 

 

6 

7 

8 

9 
Docket No. RM03-8-000 65 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 20 

Name of Respondent 

____________________

This Report is:

____ An Original 

____A Resubmission 

Date of Report

 Month/Day/Year 

For the Quarter Ending

Month/Day/Year

NOTES TO FINANCIAL STATEMENTS

(1) Respondent must provide in the notes sufficient disclosures so as to make the 

interim information not misleading. Disclosures which would substantially duplicate the 

disclosures contained in the most recent FERC Annual Report may be omitted. 

(2) Disclosures shall be provided where events subsequent to the end of the most recent 

year have occurred which have a material effect on the respondent. Respondent must 

include in the notes significant changes since the most recently completed year in such 

items as: accounting principles and practices; estimates inherent in the preparation of 

the financial statements; status of long-term contracts; capitalization including 

significant new borrowings or modifications of existing financing agreements; and 

changes resulting from business combinations or dispositions. However were material 

contingencies exist, the disclosure of such matters shall be provided even though a 

significant change since year end may not have occurred. 

(3) Finally, if the notes to the financial statements relating to the respondent 

appearing in the quarterly report to the stockholders are applicable and furnish the 

data required by the above instructions, such notes may be included herein.
Docket No. RM03-8-000 66 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 21 

Name of Respondent 

_______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

OPERATING REVENUES

Report the respondent's pipeline operating revenues year to date, classified in accordance with 

the Uniform System of Accounts. 

Account 

 

(a) 

Crude Oil 

Year to Date 

Month/Day/Year

(b) 

Products 

Year to Date 

Month/Day/Year

(c) 

Year to Date 

Month/Day/Year

(b)+(c)=(d) 

1 (200) Gathering Revenues 

2 (210) Trunk Revenues 

3 (220) Delivery Revenues 

4 (230) Allowance Oil Revenues 

5 (240) Storage and Demurrage 

Revenue 

6 (250) Rental Revenue 

7 (260)Incidental Revenue 

8 TOTAL (lines 1 through 7) 
Docket No. RM03-8-000 67 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 22 

Name of Respondent 

_______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

OPERATIONS, MAINTENANCE, AND GENERAL EXPENSES

Report the respondent's pipeline operating, maintenance and general expenses at the end of 

quarter, classified in accordance with the Uniform System of Accounts. 

Operating Expense Accounts 

(a) 

Crude Oil 

Gathering 

Year to Date 

Month/Day/Year

 (b) 

Crude Oil 

Trunk 

Year to Date 

Month/Day/Year

 (c) 

Crude Oil 

Delivery 

Year to Date 

Month/Day/Year

 (d) 

Total Year to 

Date 

Month/Day/Year

(E)=(b)+(c)+(d)

1 OPERATIONS AND MAINTENANCE 

2 (300) Salaries and Wages 

3 (310) Materials and Supplies 

4 (320) Outside Services 

5 (330) Operating Fuel and Power 

6 (340) Oil Losses and Shortages 

7 (350) Rentals 

8 (390) Other Expenses 

9 Total (lines 2 through 8) 

10 GENERAL 

11 (500) Salaries and Wages 

12 (510) Materials and Supplies 

13 (520) Outside Services 

14 (530) Rentals 

15 (540) Depreciation and Amort. 

16 (550) Employee Benefits 

17 (560) Insurance 

18 (570) Casualty and Other Losses 

19 (580) Pipeline Taxes 

20 (590)Other Expenses 

21 Total General Expense (lines 11 

through 20) 

22 TOTAL (lines 9 and 21) 
Docket No. RM03-8-000 68 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 23 

Name of Respondent 

_______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

OPERATIONS, MAINTENANCE AND GENERAL EXPENSES (CONTINUED)

Report the respondent's pipeline operating, maintenance and general expenses at the end of 

quarter, classified in accordance with the Uniform System of Accounts.

Operating Expense Accounts Products 

Trunk 

Year to Date 

Month/Day/Year

 (f) 

Products 

Delivery 

Year to Date 

Month/Day/Year

 (g) 

Products 

Year to Date 

Month/Day/Year

(h)=(f)+(g) 

Total Year to 

Date 

Month/Day/Year

(i)=(e)+(h) 

1 OPERATIONS AND MAINTENANCE

2 (300) Salaries and Wages

3 (310) Materials and Supplies

4 (320) Outside Services

5 (330) Operating Fuel and Power

6 (340) Oil Losses and Shortages

7 (350) Rentals

8 (390) Other Expenses

9 Total (lines 2 through 8) 

10 GENERAL

11 (500) Salaries and Wages

12 (510) Materials and Supplies

13 (520) Outside Services

14 (530) Rentals

15 (540) Depreciation and Amort.

16 (550) Employee Benefits

17 (560) Insurance

18 (570) Casualty and Other Losses

19 (580) Pipeline Taxes 

20 (590)Other Expenses 

21 Total General Expenses (Lines 11 

through 20) 

22 TOTAL (lines 9 and 21) 
Docket No. RM03-8-000 69 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 24 

Name of Respondent 

_______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATISTICS OF OPERATIONS (page 1 of 2)

1. Give particulars (details) by States of origin for crude oil and for each kind of 

product received year to date and totals only (i.e. no State detail) for number of 

barrels of crude oil and of each kind of product delivered out of the pipeline year to 

date. Classify and list in column (a) by States of origin the refined products 

transported in the following order: 29111, Gasoline, jet fuels, and other high volatile 

petroleum fuels, except natural gasoline; 29112, Kerosene; 29113, Distillate fuel oil; 

29114, Lubricating and similar oils and derivatives; 29117, Residual fuel oil and other 

low volatile petroleum fuels; 29112, Products of petroleum refining, n.e.c. - Specify. 

State of Origin Number of 

Barrels 

Received From 

Connecting 

Carriers 

(b) 

Number of 

Barrels 

Received 

ORIGINATED On 

Gathering 

Lines 

(c) 

Number of 

Barrels 

Received 

ORIGINATED 

On Trunk 

Lines 

(d) 

Total 

Received 

(e)=(b)+(c)+(d) 

1 CRUDE OIL 

2 

3 

4 

5 TOTAL 

6 PRODUCTS (STATE OF 

ORIGIN AND CODE) 

7 

8 

9 

10 

11 TOTAL 
Docket No. RM03-8-000 70 

Appendix B: Form 3Q and Form6Q Samples. 

FERC FORM 6- Q (NEW Month/Year) 25 

Name of Respondent 

_______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report 

 Month/Day/Year 

For the Quarter Ending 

 Month/Day/Year 

STATISTICS OF OPERATIONS (page 2 of 2)

2. In column (b) show all oils received by the respondent from connecting carriers 

reporting to the Commission. In column (c) report all oils originating on respondent's 

gathering lines and in column (d) all oils received into respondent's trunk line, except 

receipts shown in column (b) and (c). Any barrels received into a pipeline owned by the 

respondent, but operated by others, should be reported separately. 

3. Entries in column (e) should be the sum of columns (b), (c) and (d). In column (f) 

show all oils delivered to connecting carriers reporting to the Commission. In column 

(g) show all oils terminated on the respondent's gathering lines, and in column (h) all 

oils delivered out of the respondent's pipeline, except deliveries shown under columns 

(f) and (g).

State of Origin Number of 

Barrels 

Delivered Out 

to Connecting 

Carriers 

(f) 

Number of 

Barrels 

Delivered Out 

TERMINATED On 

Gathering Lines 

(g) 

Number of 

Barrels 

Delivered 

Out 

TERMINATED 

On Trunk 

Lines 

(h) 

Total 

Delivered Out 

(i)=(f)+(g)+(h) 

1 CRUDE OIL 

2 

3 

4 

5 TOTAL 

6 PRODUCTS (STATE OF 

ORIGIN AND CODE) 

7 

8 

9 

10 

11 TOTAL 
Docket No. RM03-8-000 1 

Appendix C: Form 1, 1-F, 2, 2A and 6 Schedules 

 

FERC FORM 1, 1-F, 2, 2-A, and 6 (ED Month/Year)

1 

Name of Respondent

_____________________ 

This Report is:

____ An Original 

 ____A Resubmission 

Date of Report

 

Year of Report

 

FORMS 1, 1-F, 2, 2-A and 6 ANNUAL REPORT CORPORATE OFFICER CERTIFICATION

The undersigned officer certifies that: 

 I have read this FERC Annual Financial Report: 

Based on my knowledge this report does not contain any untrue statement of material fact or omit to state a material 

fact necessary to make the statements made, in light of the circumstances such statements were made, not 

misleading with respect to the period covered by this report. 

Based on my knowledge the financial statements, and other financial information (Comparative Balance Sheet, 

Statement of Income for the Year, Statement of Retained Earnings for the Year, Statement of Cash Flows, 

Statement of Accumulated Comprehensive Income and Hedging Activities, and Notes to the Financial Statements) 

included in this report conform in all material respects with the Commission’s Uniform System of Accounts, as of, 

and for, the periods presented in this report. 

 

I am responsible for establishing and maintaining internal accounting controls as defined by the Commission. I 

have designed such internal accounting controls to ensure that material information relating to the respondent and 

its subsidiaries, to the extent that the respondent has subsidiaries, is made know to me by others within those 

entities, particularly during the period in which this report is being prepared. I have evaluated the effectiveness of 

internal accounting controls as of a date within 90 days prior to the period in which this report (evaluation date). I 

have presented in this report my conclusions about the effectiveness of the internal accounting controls based on 

my evaluation as of the evaluation date. 

 

I have disclosed, based on my most recent evaluation, to the respondent’s auditors and the audit committee or 

persons performing similar functions, to the extent that respondent has an audit committee or persons performing 

similar functions, that all significant deficiencies in the design or operation of internal accounting controls which 

could adversely affect the respondent’s ability to record, process, summarize and report financial data and have 

identified for the respondent’s auditors any material weaknesses in disclosure controls and procedures and any 

fraud, whether or not material, that involves management or other employees who have a significant role in the 

respondent’s internal accounting controls. 

 

I have indicated in this report whether or not there were significant changes in internal accounting controls and 

procedures or in other factors that could significantly affect internal accounting controls and procedures subsequent 

to the date of my most recent evaluation, including any corrective actions with regard to significant deficiencies and 

material weaknesses. 

In addition, I have examined the remaining schedules contained in this report, to the best of my knowledge, 

information, and belief all statements of fact contained in this report are correct statements of the business affairs of 

the respondent and the financial statements, and other financial information contained in this report, conform in all 

material respects to the Uniform System of Accounts. 

Line 

 No. 

Name of Certifying Official Signature Title Date 

1 

Title 18, U.S.C. 1001 makes it a crime for any person to knowingly and willingly to make to any Agency or Department of the United States any false, fictitious or fraudulent statements as to any matter within its jurisdiction. 
Docket No. RM03-8-000 2 

Appendix C: Form 1, 1-F, 2, 2A and 6 Schedules 

 

FERC FORM 1, and 1-F (NEW Month/Year)

2 

Name of Respondent

______________ 

This Report is: 

____ An Original 

____A Resubmission 

Date of Report

 

Year of Report 

PURCHASES AND SALES OF ANCILLARY SERVICES

Report the amounts for each type of ancillary service shown in column (a) for the year as 

specified in Order No. 888 and defined in the respondents Open Access Transmission Tariff. 

In columns for usage, report usage-related billing determinant and the unit of measure. 

 

(1) On line 1 columns (b), (c), (d), (e), (f) and (g) report the amount of ancillary services 

purchased and sold during the year. 

(2) On line 2 columns (b) (c), (d), (e), (f), and (g) report the amount of reactive supply and 

voltage control services purchased and sold during the year. 

(3) On line 3 columns (b) (c), (d), (e), (f), and (g) report the amount of regulation and 

frequency response services purchased and sold during the year. 

(4) On line 4 columns (b), (c), (d), (e), (f), and (g) report the amount of energy imbalance 

services purchased and sold during the year. 

(5) On lines 5 and 6, columns (b), (c), (d), (e), (f), and (g) report the amount of operating 

reserve spinning and supplement services purchased and sold during the period. 

(6) On line 7 columns (b), (c), (d), (e), (f), and (g) report the total amount of all other types 

ancillary services purchased or sold during the year. Include in a footnote and specify the 

amount for each type of other ancillary service provided. 

Type of Ancillary Service 

(a)

Amount Purchased 

For the Year 

 (b) (c) (d) 

Amount Sold 

For the Year 

 (e) (f) (g)

 Usage – Related Billing Determinant Usage – Related Billing Determinant Number of Units Unit of Measure Dollars Number of Units Unit of 

measure Dollars 

1 Scheduling, System Control and Dispatch

 

2 Reactive Supply and Voltage

 

3 Regulation and Frequency Response

 

4 Energy Imbalance

 

5 Operating ReserveBSpinning 

 

6 Operating ReserveBSupplemental

 

7 Other 

 

8 Total