California Code of Regulations › Title 20 - Public Utilities and Energy › Division 1 - Public Utilities Commission › Chapter 1 - Rules of Practice and Procedure › Article 2 - Applications Generally › Section 2.3 - (Rule 2.3) Financial Statement

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Wherever these rules provide that a financial statement
					 shall be attached to the application, such statement, unless otherwise provided
					 herein, shall be prepared as of the latest available date, and shall show the
					 following information:
(a) Amount and
				  kinds of stock authorized by articles of incorporation and amount
				  outstanding.
(b) Terms of
				  preference of preferred stock, whether cumulative or participating, or on
				  dividends or assets, or otherwise.
(c) Brief description of each security
				  agreement, mortgage and deed of trust upon applicant's property, showing date
				  of execution, debtor and secured creditor, mortgagor and mortgagee and trustor
				  and beneficiary, amount of indebtedness authorized to be secured thereby, and
				  amount of indebtedness actually secured, together with any sinking fund
				  provisions.
(d) Amount of bonds
				  authorized and issued, giving name of the public utility which issued same,
				  describing each class separately, and giving date of issue, par value, rate of
				  interest, date of maturity and how secured, together with amount of interest
				  paid thereon during the last fiscal year.
(e) Each note outstanding, giving date of
				  issue, amount, date of maturity, rate of interest, in whose favor, together
				  with amount of interest paid thereon during the last fiscal year.
(f) Other indebtedness, giving same by
				  classes and describing security, if any, with a brief statement of the
				  devolution or assumption of any portion of such indebtedness upon or by any
				  person or corporation if the original liability has been transferred, together
				  with amount of interest paid thereon during the last fiscal year.
(g) Rate and amount of dividends paid during
				  the five previous fiscal years, and the amount of capital stock on which
				  dividends were paid each year.
(h)
				  A balance sheet as of the latest available date, together with an income
				  statement covering period from close of last year for which an annual report
				  has been filed with the Commission to the date of the balance sheet attached to
				  the application.
1.
					 Renumbering and amendment of former section
					 5 to new section
					 2.3 filed 10-19-98; designated
					 effective 1-1-98 by Decision 97-12-043. Submitted to OAL for printing only
					 (Register 98, No. 43).
2. Amendment of section and NOTE filed
					 2-22-2005; operative 3-24-2005 (Register 2005, No. 8).
3.
					 Renumbering of former section
					 2.3 to new section
					 1.9 and renumbering of former
					 section 17 to section
					 2.3, including amendment of
					 section heading and section and new NOTE filed 9-13-2006; operative 9-13-2006
					 pursuant to Government Code section
					 11351(a)
					 (Register 2006, No. 37).
4. Amendment of subsection (c) filed
					 6-4-2009; operative 7-4-2009 (Register 2009, No. 23). Submitted to OAL for
					 limited review pursuant to Government Code section
					 11351 and
					 Public Utilities Code section
					 311(h).
Note: Authority cited: Section
						1701,
						Public Utilities Code. Reference: Section
						1701,
						Public Utilities Code.