I ! o) 1 . ~
L REPORT OmCIALCOPY
b ·c Se ·ce Comm· sion Do Not t . Office
OF
.·· 1-
DIVISION OF ELECTRIC & GAS
o -ot e o e om • s !fie! FEDERAL=EN'ER~Vi RESULATORV COMMISSION
FOR THE
Name, title, addresstithd telephone:namber (including area code), of the person to be contacted cOMehdngi this·.::reporc
R. R. HAYES\. V.IC&:«RESIDENT AND CONTROLLER
-~-... :r.~cga Ul".HiST; ~ BETERSBURG, FLORIDA (813) 861J-5151
ARTHUR ANDERSEN & Co. CERTIFIED PUBLIC ACCOUNTANTS
TAMPA, FLORIDA
To Florida Power Corporation:
In connection with our regular examination of the financial statements of Florida Power Corporation (a Florida corporation) for the year ended December 31, 1980, which examination is reported on in our auditors' report dated February 2, 1981, we have also reviewed the schedules listed below (except for the data indicated as excluded) which are included in the Company's Form 1 for 1980 filed with the Federal Energy Regulatory Commission, for conformity in all material respects with the requirements of the Federal Energy Regulatory Commission as set forth in its applicable Uniform System of Accounts and published accounting releases. Our review for this purpose was made in accordance with generally accepted auditing standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. We did not make a detailed examination such as would be required to determine that each transaction has been recorded in accordance with the Uniform System of Accounts and published accounting releases.
Description of Schedules
Statement A-Comparative Balance Sheet Notes to Balance Sheet Statement B-Summary of Utility Plant and
Accumulated Provisions for Depreciation, Amortization and Depletion
Statement C-Statement of Income for the Year
Statement D-Statement of Retained Earnings for the Year
Statement E-Statement of Changes in Financial Position
Materials and Supplies Accumulated Deferred Income Taxes
(Account 190) Long-Term Debt Reconciliation of Reported Net Income with
Taxable Income for Federal Income Taxes Accumulated Deferred Income Taxes
Page Numbers
110-111 112-112C
Description of Schedules
Common Utility Plant and Expenses Distribution of Salaries and Wages Electric Plant in Service Electric Plant Held for Future Use
(Column (c) excluded) Construction Work in Progress and Completed
Construction Not Classified - Electric (Column (d) excluded)
Accumulated Provision for Depreciation of Electric Utility Plant
Electric Operating Revenues (Columns (d) through (g) excluded)
Electric Operation and Maintenance Expenses Depreciation and Amortization of Electric
Plant (Sections B and C excluded)
Page Numbers
429-430A
Based on our review, in our opinion, the accompanying schedules identified above (except for the data indicated as excluded) conform in all material respects with the accounting requirements of the Federal Energy Regulatory Commission as set forth in its applicable Uniform System of Accounts and published accounting releases.
Tampa, Florida, February 2, 1981.
Composite of Statistics for All Privately Owned Electric Utilities Under Agency Jurisdiction
Aft-of December 31, 19J!2, _or Fiscal Year Ended
·Plant (Intrastate Only) (000 omitted) Plant in Service*
----~· 19
Amounts
Construction Wor·'-k~i~n~P~r=o=g=r~e~s~s~--------------------------------~--~~~~~~ Plant Acquisition Adjustment Plant Held-for Future Use --------------------~----------------------------- Materials and Supplies ____________________ ~------------------------~~~~~-- Less:
Depreciation and A~ortization Reserves Contributions in Aid of Construction -------------------------~~~~~~
Net Book Costs ________ ~=-~--~~~~~~~~--~~~~------~~~~~~~~ Revenues and Expenses (Intrastate Only) (000 omitted) Operating Revenues __ ~~--~---=------------------------------~$~~9~70~1~7~3~0~21._ Depreciation and Amortization Expenses ______________ ~--------~$--~6~9~7~9~6~8~3~3-- Income Taxes ___________________ ~------------------------------------~5~1~4~7~3~8~0~4~ Other Taxes.~----~------------------------------------------------5~3~3~7~3~7~6~5~ Other Operating Expenses. _______________________________________ ~--~6~6~9_6~3~4~0~6~2~
Total Operating Expenses ________________________________ ~$--·~a~4~4~2~78~4~6~4~ Net Operating Income __________________________________________ ~$~~12~5~8~9~4~5~57~
Other Income.~--------------------------------------------------------~8~3~0~5~04~1~ Other Deductions ________________________________________________ ~~~~6~6~1~2~0~7~7~5~
Net Income.~------~~~~~------------------------~----------~$--~6~8~0~7~8_8~2~3~ Customers (Intrastate Only} Residential - Yearly Average. ____________________________ ~------------~6~9~3~3~98~ Commercial - Yearly Average ____________________________________________ ~7~1~4~3~1- Industrial - Yearly Average. ______________________________________________ ~2~1~5~6- 0thers - Yearly Average ________________________________________________ ~~5~2~8~0~
Total~--~--~--~~----~~~~~-----------------------------------1_7_2_2_6~5-- 0ther Statistics {Intrastate Only) · Average Annual Residential Use - ID~H ____________________________________ l~0~6~4_3~ ~verage Residential Cost Per ~~H ______________________________________ ~~5~.5~6~~~ Ave rage Res id entia 1 Ho nth ly B i 11 _________________________ 1$..;.4~9 .;..;• 2~8~- Gross Plant Investment Per Customer ____________________________________ $~3~1~3~3--
* Does Not Include Nuclear Fuel
6-13
...... ~.<?.RI_l?_k\ .. ~.<?.~~. -~-~~-~~:~:1:~.9.~ .......................................................... . ( Jo.:.:tacf lecal name of respoudtonf J
If name .. as t'hlln~ durintr yesr, silo"· al10 rh• pl't'\•iou• name and date- ol ch&nll!
3201 - 34TH STREET SOUTH, ST. PETERSBURG, FLORIDA 33711 .... ·····-------............. ······-··. .. . . . . . ...... ...•..•.... . . . . . . . .. . . .......................... ............. . .. . . . . . ..... -· ........................................................................ .. {AddrtA ol priucip&l busiueu olllce at end ol year)
TO THE
YEAR ENDED DECEMBER 31, 19.?.9 ...
Name. title, address and telephone number (including area code), of the person to be contacted concerning this report:
R. R. HAYES, VICE PRESIDENT AND CONTROLLER ·····-····················-······ ................... _ ....... -· ...... ······--·.. . ............................................................... ···········--· ....................... ...
3201 - 34TH STREET SOUTH, ST. PETERSBURG, FLORIDA 813-866-5151 ............................................................ _ ................................................................................................................................................................................................ .
INDEX Page No.
.._... •• ,.... te _..._ -··~~-----···-------------- 131 ._. ................. ·····························-· ... k ...... w. r.- -ialod -••"•·········-······· M
..................... o4 ""'"································· 222•2.?2!< Anumula...._. *~'•• r"" '"~ ...................................... -: .. ••••• -~· Ace-. .,,.,itioft lw .-r~ooauo• of rloflrlc ,,.,., .... ..,,...... 411
Ooprocoalioft aMI a-rlo&&looft of '041Mr .,,._.,..... ••• :&tl . Ul ....,._" "''lilr ,...,................. Ill
Of utilitY plent •••••••••••••••••••••••• • .. or lllili•r ,..,., , ... ,......,, •·············. na
Accu•••od ,,.. .. ;,;,.,. for uftcoll«lible •-"""-···· ••••••••••• ~· Admiftia\ra\i•c aiM.& a.-ra•ral tspenMI traftalerrM............................ 4:&1 A4•anC'ft for C'Vfta\ruc&.tOft. C\&l~r ...................... "'................ ~tt
•• ,... aa.~~~D~rtalM C'Oiftpaft ..................... _......................... ·'"
To at.aoe'tat•l ~ .. "·"··············· ·····~·.········ :t~ ~1&&\lea ., ............ , ....... ilioft ... , .. -··· ·-··- ,.. •• •:! Mi-11•-······································ I Uf ftOftu\ihtr propertr. a~cu• . .,,...,,..,. lor.................. ~~
Appllcatloa of Jl'lmda for the v..:r. !IDUtCe aad • • •- • • • • • •· Iii ·-ia\M ........ _ ........... ,............................. ..,
Ad••- te............................. tt• C::O.poraliofta _,,....., lor ................... IU C:.nlrol • ..,., ,_..,.....,.,...... ••••••••••• Ill I ............ 18.---···--·-··-····· • .,. :nl ... --t 111........................... ttl PeraW.. ................................ Ul Rftei ... W.. ,............................ ... S.r•i• .,..trart ella,.................... lit
........ "'"'· _.,. .. ,; .................. ·····················- Ill
................................................................ lit
a.a .. - , ....... 11\, ,. ...... '"'····--·-·········-····-·-·····- , .. e....-.. llllillJ plalll ·- ..... ". C:.Niull. ,...,..,.,....,.. ralole &ftd ...,_,;,.. ...W................. 441 eo .... ,_, ...... ,....., .._.................................... .., c...,., ... wert 111 .,,...,...._eum_ .. "''"ur .-... .•.....•.• 111 ll:leftrle ••••••••• _.............. 411
Other """'' ""•-··•••••• 1 II c.Mraftl..-le"'lee -trHI .... ._............................. 114 C...lrlhliOIII Ill • .,. ef ,... ..... - •••••••••••••••••••• _______ If) C:..INI aftr _ ..... , ••••••••••••••• ·•••••••••••••••••••••••• HI
-c:.,_allolla IOIItrolled lor rftpo ..... t.·-··•••••••·•••• ltl
c. ... ~~t::r= ... ~w:;::~ ... ~~~:!':~::::::·::;:::::::;:::: U: Llalolllll"' "''-''•-··················· U4 e.w- ..... _ ,., tellatrwtlall ••••••••••••••••• ····-··-··- 114
o.r • ...., t.ra4111. ••············-·················-·········· 111 ~Ita. 111'-lla-•••••• ,........................... 114 6aina froaDtap. otUttJ.ity Plant __________ 224A lncoae (axes accuaulated •• -----------------227 ~tes fro11 Di SD• of Uti litv Plant __________ 2l4A
.__ .. , ..... :.."'~::=-:.::::.-Uii,i't;·••:::::::::: n: et elee\rle piellt................ .... 4:&t
Dlrwten •••••••••••• ·-·····-~-~~~~~~-~~~:::::::::::~ Ul Dl-•~ .,. Cllllltel - •··········· •••••••••••••••••••••••••••• Ill Dlllrlllll\1.,. of .. ,.,,.,. all4 ••-··················-········· Ill Dl ................. iatlellt ••••••••••••••••••••••••••••••• ________ 1" ltarnlftca. Ratabled • • • • • • •• • •• • • •• • •••• • • • • •• •. "' Deelrle .,. • ..., -"'·································••••••• 411 """' ,_ ..... \}. t •• t,......;.tll t'r•ttct••-'• ....... o • ~ o !..-...!....._• • , ••• o ~ • o ••• •. ~ ~~~
1 t"ir ..... tal rr.t.ctt• f1cUIU•11: • • • • • • • o o o • • • • • • • • • 501 .. ...,_ eleelrle .,.,., .... allll _, .. ,.,..~~...................... "' ...... _,,___________ •tt Zat•ordlftat'f lteale- • • • • • • • • • • • • • - • • • • • .. • • • • • • • 306 Estraordiftarr proportr '-·······························--· .. ,,.,.rill• '"'"'"' .... "''· eloftrir......... ••• ••••••••••••••••• •••• 4111 '-! alld ail oCfttko. ••••···· •••••••••••••••• •••••••••••••••• •••• - G.aln - DhpoaiU- of Property • •• - ••• • ••• • • • • • • •. • . JOO 6a ina fro• Diap. of Utility Propert.r, Dehrnd ••••••• 224A
O.Mtal lllfor,...lloll.................................. ••••••••• a o.n.rau .. l'lall\ lcau.-:
~=-r'-":.:::T.:.a..-::: ::::::::::::::::::::::: ... u ,. ................. •••••• ••••••••••••••• 1'-am· ll:lac\l'lc (lupl .••••••••••••••••••••••••••
o.-u .. P1a~~11: Cllan..,. I• ce,.tllea • • • • • . • • • • • • • • . • • • . •••••••• ..,.. __ ············ ····················· lt~ .. mal...("'iftbtraaUoft .._.. .. aM ... &urltifte ................... .. ............ --............................ . ......... - ··················· ············
=~·: .. -:=:: ~~ .. ;~ .c-~;,·;;;e·ai;o·;e;;m;;;;:·:·::·;
Ul .. -=a , .. lU
&ac-oodlaal7•••••••••••••••••••••••••• - D .... cllona • lt:r:tNordlaol7• • •• • • • • • • • • • • • • • 306
JAteraet oa debt to .. aociotecl co•paaiea 304 MteceUaaeoua .-ortlaatloa • • • • • • • • 304 Otber lacoee deductlon • • • • • • • • • • 304 Otber lDt .... •t ce..rcea • • • • • • • • • • • 304
Utility plaftt ....... to elllen ••••• _............... Ml Ml-'la- ........ ,... .. , ......................... ·-······ ... 0111er-r ........... ,..llily _,.,................... •••••••• ...
lilt·-· allot ........................................ ... Nnnft!Wral I'll• ,..,.tal... ••• • • ••••• •• ••••••••• ••• • Ml
111""'11-"'" ,.....l•rd o11 ... .,,,., -k............................ 111
1:=::~~.,.-.:::·~j~;::::::::::::::::::::::::::::::::::::::::: ::: n..· ...... "' -lal ... ._ ..................... ·-······ ··- .. Paid .,. loll•·'•"" ct.ht ..... ,.,...,.., rtr........ •••• ••••••• tit a...lvf'ft frm~~ lft-.tatlft~ftt._ advaft,..._ N.......................... Itt
law•t-1 \aK CNdila, IICCIImula\M Mferra4.................... Itt c...n.lod an41 ••IIIM4... ••••• •• ••••••••• •••••••••••••• Ill
1•--••• Ill ao-ial ... ,._..,.,................................ :11 N-utliltV PI'~ • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 201 Otto• ·•••••••••·•·•••• ••••••·•··•· •.••••••••. ••· 202 Sutoeldlery Compflft ... •••• •••••••••••••••••••••••• 203 Securltl• dllpo- of dUring - •. ·-- • • • • • •• •• ·- • :zo:; T-rarv CMh •-u -..... ··· ...... ·· ·· · -· 202 Long-Terw Debt _________________ • 219
Page No. A.._... ll•rlll• ,..., ••••••••••••••••••• ·····•••• Ia ................. -·········· ·········-·······-·· .. Lo .. oa Dlapoeltloa of Proo•rtJ • • • • • • • • • • • • • • • • • • •. 3011
LoiSel fro• DIIP• of Utility Property, Deferred _____ 214A
Mafta,.._t a...t .............. -'-·············-·····----- ... MaWrillio a11ol .... 1............................................. llf Mtt\l'rl an4 ltne \raftat'or,...rs. ........................ __________ ~
:::::= ~=:.:!t:.:~'r.;,-;;;iioa::::::::::::::::::::::=:::: II 1 """"li" ....... , ........... ···············-·-··-······----·- !!!
llewn- ,,.... iftw •'····················- -M«•• .., .............. _ .. _ ·-'·* .-.................. lit CIII'HII\. .......................... ··-----------···-- Ill Te a-ialod -·-······ •••••••••••••••••• Ul ....... ........................................................ ...
Frolft -ietad <e!WIIOftid. ••••••••••••••••••• 1 .. Mucleal' Puel Material•• • • • • • • • • • • • • • • • • • • • • • • • • ZOO ........... pMralilll ............. u ............. ············-····· 411 O.rn aNI olllctn' "''"'*························•••••••••••• I'! O..rali .... .,.,._ ehclric.................................... U •
01 ..... ··-·-........... ~.:::.?..:·.:·.-.:·.-.:·.::·.-.:::::::::::::: m Oilier &~;~O:...c:-::!r.;;.;-;;;;;·;,WJ;;;.::·.:·.~:::::::::::::: 211
Gal11 .. ,_..., raMellalioll ar ~ .. ;,.... ... , ... _ .. ___ an MiNella- pal4-ill npilel ••• _ ••••••••••••••••••• -... 1
1 1 1 1 1 lltHIItliell i11 par •• eca\M wal,.. ef eopllal -"--·-····--
O...rh ...... ll."!lftia•. -'-'•ic···-··--·-----------------··· ;r Parai.tlft .. .,.... ...... eo•pa•if'l···-············--··-···-· Peaka. -·•lllr ...... -··················--·---···--·-·---- -!! J'lafl\ ... oaiail- MJu..,.,.u. afftU'ic.......................... •••
··- ...... , .. .-... 4tT P1a111. - etilllr-AertiiL ,,..,~e~e~~ tar .. .,_.. ... _______ Ill
Aequlelllell M.IU-·············--· Ul Alloleallle ta tllililr .._............... Ill Colllploled COIIaii'IICIIOII - cl-iW •.• -. Ill C:.ulrWllc.a _ .. 111 ,,..,.. •••• •-·•••• Ill .: • ...-••••••••••••••••••••. --·--·-·-· Ill HaN ,,.. ,..,.,. -··················-·· Ill Ia ~~- 11f nclaNIAftllea ••• _........ Ill Ill ................................. -·-- Ill l..ftaH t.a 8fkn........................ Ill
Plallt ........................... ···········-·······-----· 41t '- • .. ·' l'lalll. tleclric-Auu•. p,..lliell fer dtptetlallell ••••••• ___ • Aet~llilitloll a4,illtl-1111............. ............ e11 c...1 ... 1od ..... lrowtioa 1101 ele .. IW........ •... * c:. ... , ......... -k ill ................... ------ ... Filii•,.. llllu411teaft4..........,. ••••••••••••••• 4018 ...... fer , .. , ... ---·-·············--·-···--·-- .. 111 ,_ af -l-illcalleft ••••• - •• ······-··- Ul Ill ···'"···················-·········-······· 4tl &..ue4 ta e11wrt................................ 4M
Plaflt. 11&11 .. all4 ateUIII. ,,... fer olepr., _,._, a~~d .... 1-1· Ill Lnaod , ......... ·- ,................................ ltl
Pollution Control Fac. ,Accua. De f. Inc. 1ues ___ 2'27-227A PNIIIIIIII&I'l' au'"r aftd I11¥HIIIIaliell ella..-................... Ill ht•lu- ,... oapllal •-"· ••••••••••••••••••••••••• -········· Ill •-w ,...................................................... au ...... -....................................................... ,.. ,,.,_lollal .. ,.,_ ·- , ................. ·---·-··--··· .... l'llrtllaaod "-'··•·········••••••••••••••••••••••••••••••••••• 411 llftcquira4 tapltal -k···•••••••••••••••••••••••••••••••••••• Ill a............ .......................................... lit .......... ,,. ... ·-ia\ed ....... 11 ............. -····--···---·· ... ........... .. .. ; ..... , ............ ·····················--········· lit ~1 ... 117 _,.., ...... ····- ,., -·······-·-··-······--·-·· Ul
Dtfttra4 ••••••• ····-···-······· 214 lilllti\-CIIatN ·············-·-·-·- '"
R.eooatcb, O...lopmcnt ..... o.-tiDII Expeaclltw• ••• -············ •• .. • ._...,_"_"l .. tloii-F....,.I................................ a• I11Jurlft a11ol damalft................................. IU Mlac ...... 1111•················•••••••••••••••••••••• Ul 1'1r1111eM •"" lorMI&o... •••••••••••••••••• ••••••• •••• ftl
Retalfted :=, •r::~~·;a;;iiai;ai'et"o(:".:·::·;:·;-:,·:·:: m AppiOpriated • • ••••••••••••• -·••• • •••• 117 Uaepproprialed • • • • • • • • • • • • • • • • • • • • • • • 117
.....,._ ,_ ••• Mieat·-Do<t,..,..,.,._.,..,...,.,.u................ Ma Eletlrlc •par all•• •• • • •. •••••• •• • • • ••• 4ot
~= ~~~k'.:! :::...::~ r.-r.~:.:·~== ::: Ml•<'t'llan- aNI et"-r tleclrlt........ 411 Miarolla1100111 ,.._.,.,..1......... .... aea
lalatlft Allot .,...,., 41atriktioft ef •••••••••••••••••••••••••••••• Ill Ofllttra' ••••••••••••• •••••••••••••••••••••••••••••••••• 114
laiee of tleclrlellr lor rale orlltol................................. e14 ColniiiUftltiM............................. 410
Fer ._.................................................. Ul lftt•"&.t.-.rt,...fttat........................................................................... •II Rai1rftada ant'l railwaya............................................................. 4tl. Watf'r and wat•r po .. r.................... ............................................... •tt
..... riUn-A•Mt"iAtl'd C'CMIIIf'""i". ift¥ ... Uftftllt iR.............................. !I! n; .......... of d>J•i•• )'t'"'. ··••• ·•••••••·••••• •• •••• .• •• 201 Hnlolrn aNI ""li"• powtn. ······················-~. IN I••-' or a .......... ,.,.,;,.. ""'······················ Ut tltllrr ,,....,.,_,. .. _ •••• ••••••••••••••••••••••••••••• 112 .. , ......... "' rrtirrd d•rill• -······················ Itt Ttt~~fl"rarr ceoll inYMt-RII............. •••••••• ••• HI
~.... ......... . ..... __ ................... ·················.. .. . Statement lltCI\ene-it in Flnenclel l'a.ltlon··················· 1111 at-k llalollltr fnr ..., ... ,,.;,.,._. • •• •••• •••••• • ••••••••••• •••••••• i:: ==~:.lo~ .... -,;.;,;~A,j.j;,;;;.;;,-;.i~::~::::::::::::::::::::::::~::::: 117
u ... .,,. ... .,,;.,........... ..•...•... .. .•. . . ... ... '" Taa"' ,...,,...... •"" l'rtPaill.................................... IU
~·i:.:•:~:r,=.t·~;;,i,;;;.i;i;,i:::::::::::::::::::::~2·~A T .... eww:~:~~-~~:'.t':!.:~.:~~-~:0~ :::: ~:::::::::::; .... :::~:: ~ T,."""'i""""' u .... ;~oti'!:~:~~-~~:::::::::::::::::::::::::: ::; u._,,.... cWllt .. ,..,..,,., •"" ...,........... •••••••••••••••••••• ~~~
Loaa and gain on reacquired debt , ••• ,.,2148 vu • ., ....... r--.:::.;;o ....................................... :u
ltew l:tl U2·77)
Rev, (12-80) GENERAL INSTRUCTIONS
1. An or1c1na1 and liz conformed copiea or tllia repOPt rorm properly tilled out and attested, eh•ll be mailed to the Energy Information Ac!ID1n1etrat1on, EI - IIlii, 111&11 Station: BO - 086, Porstl, U. S. Department or EnerCJ. !klhin&t_on, _D. c. 20585, on or before the last .. ISQ or tbe third month following the close of the calendar or established fiscal year, by each corporation, person or licensee as defined In section 3 of the Federal Power Act, any agency, authoritY or other legal entity or lnstru· mentality and any agency, authoritY or InstrumentalitY of the United States, which are engaged In the generation, transmission or distribution of electricity, whether or not otherwise subject to the jurisdiction of the Commission and which Is In either of the following classifications:
Claaa .A- Having annual electric operating revenues of $2,500,000 or •ora. C·laaa 8- Havingannualalectricoparating revenues of eora than $1,000,000 but lass than $2,500,000.
One copy of the report ahould be retained. by the respondent in ita files. The confor•ad copiea ••y be carbon copies.
This report fora is not praacribed for eunicipalities as defined in section 3of the Federal Power Actl i.e. a city, county, irrigetion district, drainage district, or other p;,litical subdiviaion or agenc 1 of a State coapdent under lawa there~f to carry on the business of developing, trana•itting, utilizing or distributing power.
2. This form of annual rePOrt 1$ praparect In conformity ·with the UnHorm System of Accounts for PUblic Utllltl• and Ucancas pr-rlbed by the Fldaral Enervy Regulatory Commission, and all accounting words and phrases are to be interpreted in accordance with the said clauification. If the respond­ ent is not under the jurisdiction of the Co11minion and does not keep its books in accordance with the above-aentioned Unifor• Syatu of Accounts, theraport for11should be filled
;n the beat 11anner posaible, the actual accounts kept .au bat i tuted, where necessary, for the accounts 1 i sted.
I natruct ions should be carefully observed and each ~eation should be answered fully and accurately, whether ii haa bean answered in a previous annual report or not. Where the word "nona" truly and co•plately atat11 the fact, rt should be given to any particular inquiry. ltlharedates are called for, the •onth and day ahould be 1tatad 11 well as the year. Cuato•ary abbreviation• uy be uaed in atat­ ing datea.
4. If· an)t. schedule doea not apply to the reapondent, such fact should be shown on the achadule by the words "not applicable," or the schedule uy be o•ittad and the nota­ tion uda in the liat of schedules on pagaa iii, iv, and v.
5, The apaceaprovidad in thia report are d11igned to be filled inon a typewriter having elih-eiza type, and auch a typewriter ahould be uaad if practicable.
6. Raporta ahould be •ada out by ••ana which reault in a per•anant record, The original copy in all caaaa shall be •ada out inpar•anent black ink or with par•anant black typewriter ribbon. The confor•ed copies, however, •ey be ~erbon copiaa or •ada with hectograph i•praaaion or other ai•iliar •eana of reproduction provided the i•pressiona are a harp and accura taly ali ned u to 1 ina nu•bara and colu•na. Entriaa of a contrary or oppoalta character (auch •• da­ creasaa reported in a colu•n providing for both increase• and dacraaaaa) ahould be aho- In red Ink or ancloaad in parenthaeea.
7. DEFINITIONS: (a) Commllllon Auti'IOrlntlon (lbbravlatlon Comm. Auth.)
Jll! used In thlt form, m .. ns the authorization of the Feqeral Energy Aavu .. tory Commission, or any other Commission. Name the com·
'?n wc-.o• authOrization w• otttalned •na give a•• of the •lzatlon. (b) Rt'P"ndtnt, wherner uaed in this report, •eana the
~raon, corporation, licensee, agency, authority, er other
8. The annual report should in all particwlers be co•plP~e in itself. Reference toreportsofprevious years or to oth,.r reports should not be 11ade in 1 ieu of required entries e•cept as specifically euthorized.
9. Wherever schedules cell for co•pariaon: of figures of a previous year, the figures reported •ust be base!! upon +hose shown by the annual report of the previous year, or an appro­ priate explanation given why the different figurn were u5ed.
10. Additional state•ants inserted for the purpuse of fur­ ther explanation of accounts or schedules should be •ade on durable paper conforoling to this for• in sin and width of ••rgin. The inserts should be securely t.u•:~d in th~ report. Inserts should bear the titles of th~ schedules and report fora page nu•bers to which they pertain.
ll. Cants are to be o• it ted on all scheuu l o except where they apply to averages and figures per •Jn. r '·'~•re cents are i•portant. The ••ount shown on all supporting sche11rlles shall agree with the item in the state•ents that they s•Jpport.
12. If the respondent aakes 1 report for ., peric..l ·Jther than 1 calendar year, the beginning and end of the period covered eust. be clearly stated on the front cover, and thrc;~.o;tlt)Ut the report where the year or period is required to be s.ated.
13. In addition to filing this report, the respondent shall also file,
Immediately upon publication, five copies of Its latest annual report to
stockholders and of any annual financial or statistical report regularly prepared and distributed to bondholders, security analysis, or industry
associations. (If reports to stockholders are not prepared, so state below).
1'· The re~po~dent, i.f it is under the Jo1risdict oon of th~ Commis$ion 1 shall fil~ with the original and each copy of •.hrs form, (when the Cf'A certifrcation accompa~••s this re­ port it shaH be inserted prior to page i. General Instruc­ tions) or separately, within }0 days after the filong date for the form, a letter or report (required by Sect ions 41.10 41,12 of the Commission's Regulations under the Federal Power Act) signed by independent certified public accoun­ tants or independent licensed public accountant, certified or licensed by a regulatory authority of a State or other political subdivision of the u.s., until December 31, 1975, and beginning January 1, 1976, and each year thereafter, only independent certified public accountants and independent licensed public accountants (licensed on or before December 31 1 1970) will be authorized in attesting to the conformity, in all material respects, of the following schedules in this report with the Coaaission's applicable Unifor• System of Accounts (statement certification includes applicable ~otes relating thereto and publisned accounting releases•
OESCB!PTIQN Co•parativa l&lanca Sheat-ltat .. ant A lu• .. ry of Utility 'lant and Accuaulated
'roviaiona for Depreciation, Aeortization, and O.pletion-Stat .. ant I
ltat .. ant of lnco•e-ltat .. ent C ltat .. ant of ~etalnad Earninga-Stat .. ent 0 ltat .. ent of Changea in tinancial Poaition-
Stat•ent I .. teriala and lupplioa Lone-r- Debt ~•conciliation of ~eported Net .Inc .. , with
llt'-112
113 lU-116A 117-117A
111-119 207 215
Taxable fnco•• for federal fncoae Taaea 2%5 Accv~lated Defar~ad fnco•e Ta••• 114C•Z14D,227·~27E Co.-on Utility Plant and Expanael ))1
Oiatribution of Salariae and Wagea 355-356 Electric Plant in Service 401-403 Electric Plant Held for Future Uea 405 leeal entity or inatru•entality In who .. behalf the report
h •de. h . d bt i Federal, State and Local Governments and other aut or~ze users may o a n additional blank copies to meet their requirements free of charge from the
National Energy Information Center, Energy Information Administration U. S. Department of Energy, Washington, D. C. 20585 -- (202) 252-8800
i Rev. Ed. (12-80}
GEHERJ.LIHSTRUCTIONS (C...tlnMII)
Construct ion Jork in ~regress and Com­ pleted Construction Not Classif•ed (Col- 'JIIIn (d) ucluded) . 406
Accumulated Provision for Depreciation of Electric Utility Plant 408
Electric Operating Revenues (Colu•ns (d) (hrough (g) excluded) 40'3
Electric Operation and Maintenance Expenses 417-420
Depreciation and Aaortization of Electric Plant (Columns (a) through (g) of sect ion C excluded) 42'3-430A
The letter or nport ahell be ill tbe followiac fo- waleee uaaaual circumat~~acee ~ cOGdltiODa, espleiaed .Ia the letter or report, d-aad that it be yeried:
1a COGDectioa with oar replar eaamiaetiOil of tbe flaaD.
oa whlc:b we ha•e reported a..,_retely uader date of we have alSo reviewed schedules ot Form 1 for the year flied with the Federal Energy Regulatory commlulon, for conformity In all material respects with the requirements of
· the Federal Energy Regulatory Commission as set forth In Its applicable Uniform System of Accounts and publlShec:l account• lng releases. Our review for this purpose Included suc:n tests of the accounting records and suc:n other auditing proCecluras.as we conslderec:l necessary In the circumstances.
Based on our revl-, In our opinion the accompanying schedules Identified In the preceding paragraph (except as noted below)* conform In all material respects with the account· lng requirements of the Federal Enwgy Regulatorv commllslon as set forth In Its applicable Uniform System of Accounts and publiShed •ccountlng rel-s, Tile letter or fii'Grt lhaU atate, edclltiCIII&UJ, wiiJcll, ll aey,
of the ec:beclulea aet forth abo.. cro· aot C0111- to liN c­ aleel•'• recpaiNaeata, Md aball cleac:ribe tbe cli~~CNpUC.Iee tba eldet.
•Pa!"8tltbetical pllraee iaaerted OlllJ wlln uc.u-a - to 11e NpOrted..
iXCEim FIOM THE LAW , .............. Act, 16 u. s. c. 791•-12Srt
"Sf:c. 3. The words defined in thia wction ahall have the 101· lowins meaninp for purpc.es or thi• Act, to wit:
• • • (3) 'corporation' mean• any corporation, joint·ttodt compan'l, partnenhip, u.ociation, buaineu trUit, or1aaiuc! poup o penoN, whether incc-rporated ~ not, or a receiver or receivera, truatee or truatees or any of the forqoin1. It ahall not include :municipalities' 11 hereiaal\er defined;
(4) 'penon' means an individual or a corporation; (S) 'licensee' means any penoa, State, or municipality
liceftled under the provisioN of sectioa 4 of thia Act, and any Alli1nee or succeuor in interest theneof;
(7) 'municipality' means a city, coun~. irri&ation district. draina1r district, or other political •ubdiviaion or &l<"ftCY or a State comJX'lent under the laws thrrt"of to carry on tiM> business of dcvelopins, transminins. utilizing. or distributins power: .....
"SI:c. 4. The Commiuion ia hereby authorized and C'mpow· ered-
(a) To make investisationa and to collect aad record data concernins the utilization of the water resources of any resion to be developed, the water-power induatry and ill re­ lation to other induatrics and to interstate or foreisn c~· merce, and concernin~~t the location. capacity, development COlli, and relation lO marketl of power 1ite1, • • • to the extent the Commiuion may deem neceuary or uaeful for the purpo.es of this ~~-"
"SI:c. 304. (a l Every licensee and every public utility aha II file with the Commiuion such annual and other JX'riodic or special ~­ ports u the Com million may by rules and re1ulatioaa or Older prescribe as necessary or appropriate to assist the Commillion in the proper administratiCHl of this Act. ·The Cotnmiaion may pre· tcribe the manner and form in which such report• ahall be made, and require from such person• specific aN wen to all _gut"stioN upon which the Commission may nee-d informatioa. "1M Ccm· miaion may require that such reporu lhall include, amoa1 other thiap, full iaformation u to auell and liabilities. ca~talization, net investmt•nt. and reduction thcreoC. sr- rect"iptsJ tnterest due and paid, depreciation. and other rcwrves, coat 01 project and other l'acilities, co.t of maintenance and ope•.• autioon of the pmj«t and other facilities, coat of renewals and rep&ecnneat of the J!Rit«l works and other facilities, deprecialioft, ,raeratioa, traMm-._,
II
distribution, delivery. '*'• and Sille of Nclric "ftet'IY· The Cam· million may require any such penoa to make adequate provilian iN' cun1'ntly dC'tt"rminins auch COsll and other l'acla. Such reJIIIf'l lhall be made undn oath unlf'IS the Commiaioa otherwi.e -· fl!... ~ ......
"SI:c. SOt. The Commillion ahall havt' power to perform uy and all acts, aad to prrscribe, i•ue, make, amead, and rnciad auch orders, rulea and rqulatioN as it may find Deeftsary or • propriate to carry out the proviaioN of this Act. Amon1 other thinp, nx:h rulea and rqulatioftl may defiae accouatifll, teduli· cal, and trade tenns Uled in this Act; aad may pracribe the fann or forma or all statemenll, declaratioN, applicatioftl, and reparta to be filed with dw Commillioa. the inbmatioa which they ..at coataia, aad the time within which they ahall be filed. • • • "
"Sec. 311. In order to wcure iaformation aeceaary or apPO: priate u a basis for recom~ndiac lqillatioa, the Comm~ il authorized and directed to coaducr investi1a1ioN rqanlin11he generatioa, traNmiaioa, distribution, and .ale ol electric efte~JY, however produced, throu1hout the Uaited Statea and ill ~ sioaa, whether or not otherwiae subject to the jurildictioo of the Commilaion, includin.lhe ceaeratioa, tral!lmiaioa, distribution, and aale of electric enerJY by any a1eacy, authority, or instrv­ mentality o( the United Scates, or o( any Scale or municipality ar other political subdivision of a Scate. It ahall, 10 rar as is pncd­ cable, wcure and keep curreat information recanli~ the owaer· ahip, operation, ma-.ment, and control of all t'acilitiel for IUdl senerati011, traftlmiaion. distributioa, aad aale; the capacity ud output thereof and the relationshiP. between the t-; the CCIII of ceaeratioa, traftlnu..iOil, and clistnbutioa; the rates, c~~arces. ... contracts in l'ftpecl oflhe sale o( electric e~ and ill lmlice ., laideatial, rural, comme.-cial, and iDdustrial -~ aad ..._. purchasen by priva&e aad public apecia; • • • "
"Sec. SIS (a) Any liceaaee or public- utility whica. wiU(UIJy faill, within the time prac:ribed by the Comlllillioa, to colaply with any order of the Commillioa, to file ally l'!lJIOft ~ - clcr this Act or any rule or rqulation olthe co ... --. tt.e­ under, to submit aay inforiiUltion or document requil'ed by 1M eomnu.ion in the _... o( aa in~don coaductell ...., &WI Act, • • • ahall rorfeit to tbe Ulli Scats aa •-•t IIGl •· ceediJIIII,OOO to be fixed by the ComlllillioD after IIGlice Mil ~ullicy for bari... • • • "
..... (12-77)
Ulf Of sa.M..US , ..... ....,.
,... .. ~ ,.,
General Information .....•.....................•..•....•........ Control Over Respondent ......................•.....•........... Corporations Contro'Ued by Respondent .............................. . Off~een ........•............................................ Directors . . . . . . • • . . . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . . . . . . Security Holden and Voting Powen •.•..•..........................• Important Chan,es During the Year ...........•...................... Comparative Balance Sheet-Statement A .......•...................•.. Summary of Utility Plant and Accumulated Provisions for Depreciation, Amortization,
and Depletion-Statement 8 ................................... . Statement of Income for the Year-Statement C ........................ . Statement of Retained Earnings for the Year-Statement D .......••......... Statement of Chanps in Financial Position-Statement E .......••..........
BalaDee Sb•t Supportinc Schedule&
Nuc:lear Fuel Materials ..•.....................................•• Nonutility Property .............•...................•.........• Accumulated Provision for Depreciation and Amortization of Nonutility Property ... Investments ..................................•.......•.....• Investments in Subsidiary Companies ............................... . Notes and Accounts Rec:eivabie .•....•....•.•..................•... Accumulated Provision for Uncollectible Accounts-Cr .................... . Receivables from Associated Companies ............................••• Materials and Supplies .......•....••............•...............
Production Fuel and OiJ Stocks . • . . . . . . . . . . • . • . . . . . . • . • • . . • . • . . . . . .
Miscellaneous Current and Acc:rucd Assets .•..••..••.•.••••••••.....•.. Extraordinary Property Loues .................................... . Unamortized Debt Disc. and Exp. and Unamort. Premium on Debt ..•...•...... Preliminary Survey and lnvestiption Charps . • . . • . . • . . . . . . . . . . . . . . . . • . •
Miscellaneous Defened Debits .........••..•••...•...•.••.•....••.• Deferred Loaes From Disposition of Utility Plant ...••.......•••....••••• un .. o~tiaed LOll and Qaln on Aeacqyi~•d Debt •••••••••••••••• Accu~lat•d Oeferr~ In~ .. Ta ... - - - - - - - • - - - - - - - • - • - • • • Capitai Stock-:-.........................•............•.•... • .. Capital Stock Subtc:ribed, Capital Stock Uability for Cfnvers.ion. Premium on
Capital Stock, and lnstaDments Received on Capital Stock • . . • • • • . . • • • • . •• Other Paid-In Capital . • • • . . • • . . • . . • . • • • . . • • . • • . • • • • • . • • • • . • . • • • • • Dilcount on Capital Stock . • . • • • • • • • • • • • • • • • • • • • • • . . • , • • • • • • • • . • •
Ill
106-107 108-109 110-112
209
Dec:. 73 Dec:. 73 Dec:. 67
Dec. 74
Dec.74 Dec. 73
Rev. Ed. (12-80)
.-..a.....,. of ••••• lf~9KI.I2~. f9R&~. <;Q~J?P.~~n9tl. ....•...•................ Ye• -w ~ 31. 19. ~9
1\tleof~e
Plrlllll• lit Aaac:iet.t ~- • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
Tea• AcC!Nelf. .,.._eland Ol ..... Dianne Y•r • • • • • • • • • • • • • • • • • • • • • • • • • • • • Reconciliation of Reported Net lnco•e •ith Taaable lnco•• for Federal lncoae Taae._._.; ____________ ,;, _______________________________________ _
Miacellaneowa Current and Accrued liabilitie•---------------------------­ Cyatooer Advances for Conatruction-..------··----------------------------­ O.ferrad Qaina froa Disposition oJ Utility Plant-------------------------
~-~~·-························-········-··········· Qpe••nc~········-·······································
A~Daa&latilld o.f....S ._ Taaea • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • .,
~Aws•et Tlu c:r.cata o.n...t and UUUzed • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • A~ated Daf..,.S IAvwaet Taa o.clta • • • • • • • • • • • • • • • ••• • • • •• • • • • • • • •
INc:ao: ACCXXJNT lllJPFOR'IDfO SOII!'llULES o.u. 01' t..o .. Oft DllpOSitiGn ol ~ •••••••••••••••••••••••••••••••••• ..._ r- Utilitr Pl•t Lea8Scll .. oa- •.••.••....••••.••••......•.... · · ParCiaalaftl Olnc:aniftl CertM Othft 1a- ACCIDW!ta • • • • • • • • • • • • • • • • • • • • • • • • • Pertiaalara Concellliftt: CeltlliD ~e Dectaction eel lAteN• a-a-
~----················································· ~en4itu- ,, Certan Ovlc. Political and Related Ac:tivlliw • ••••••••••••• • ••••
l:xt:I'Mdftalr It-• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • CXIM::If -=-noN
a...-. Utilitr Pl•t and~-· • • • • • • • • • • • • • •• •• • • • • ••••••••• • •••••. ........ ., O..iaaioD ~- •• - ••••••••••••••••••••••••••••••••••••
0Ytpa for Outaide PIDfftaiallll eel 011• Oln.ultatiw Servi- • • • • • • • • • • • • • • • • • • 1 Dautbutioa of Sal•n• and .............................. ~ ••••••••••••
I I!LIIC:'tWC PI..ANT, So\Utl, OPIJtAnHO AHt> STA'DS'DCAL I».TA Dectd.c l'l•t ia. ..,.,ce • • • • • •• • •••••••••••••••••••••••••••••••••••• P\ah lftd Wllclife and ._tioa PI_.. • • • • • • • • • •••••••••••••••••••••••••
Dectdc Pl•t LMeed to ()lh.,.. ••••••••••••••••••••••••••••••••••••••••
•41C'td.C A ant HelcS l:tr Jl\aluft u .. • • • • • • • · • · . • ................... · ..... .
llad • l:lec:tll.c.• • • • • • • • • • • • ••• • •• • •••••••••••••••••••••••••••••• lledllc Plet AC!piaitioa A41111.._t8 Md "-law.l PtDvl-. fiR
Amol'llllltloa of llec:tac PI• ACipiaitloQ o\4111111uDta • •• • • • •••• • • • • • • • • •• • • Accumulated Pr~ for Depndatioa of Electric: Utility Plaat• •••••••••••• • ••••• llec:bte ~-u... ..,__. ......................................... . 1111• of llectlldtr - • a-..a ... • • • •·• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • ~ .. ·,~·-·····················-~---······················ .... ot llectiidtr br Rate .................... - •• - • - •••••••••••••••••
Ill• • aau-• _. RIAl...- ...s~a~taaSat• •••••••••••••••••••••
Rev. Ed. (12-80) '"
227·227E 221 229
Dec. 73 Dec. 73 Dec. 73 Dec. 73 Dec 73
ue(' 78
Dec. 73
Oct.ltM Dec. 76
FLORIPA.. POWER, . CQRPQRA'r[ON ........ . 80 . ............ Y- eto4e4 0.C...... Jl, 1 •....
Eucn.ac PLANT, SALU. O..a:unNc AND STAnJTJCAL DATA (Continued) Rent from Electric Property and Interdepartmental, Renca ••••••••••••• Sala of Water and Water Power ••••••••••••••••••••••••••••••••••• MilcellaQeous Service Jle\.enues and Other E.lec:tric: Revenues •••••••••••
~ric.()pcration and ~ntenancc ~---------·-----------··· Number of Electric Department Em~." ••••••••••.•••••••••••••• Operation and Maintenance Expen~e~ ol Yllh and Wildlife and Roc:rea-
doa ~Uoma------------~------------------------------------ Leaee Aentala Charged----------------------------------------------------
~~-------------------------------------------------­ ID~~ ~-------------------------------------------------Trantmillion oC Elecuicity for or by Othcn •••..•••••••.••• ~ ••••••••••
F~ Requ~~~---------------------------------------····­ M~taneou. ~E.~------········------------------·-··· ~~ ~~---E~ric--------·····---------------------- Ge.neral Delcription of Construction oYuhead Procedure ••••••••••••••• Depreciation and Amortization of Electric: Plant •••••••••••••••••••••• ~ric EneriY ~nt ••••••••••••••••••••••••••••••••••••••••••• Monthly Peab and C>utput •••••••••••••••••••• • .: •••••••••••••••••• Steam-Electric: Generatins Plant Statistics (Larae Plants) ••••••••••••••. Sleam-Eieccric: GeDeratioa Plut Statillic::a (J..arae Plants) A\'a'aF Annual
Heat Jlatea and Corrapondinc Net Kwh Output for Matt Ef&cieat' ~ tJDica ••••••••••••••••••••••••••••••••••••••••••••••••
Hydroelectric Generatifts Plant Statiltica (Larp Plants) •••••••••••••••• Pvmped Sunp Geaeratins Plant Statiatica (Larse Planca)--~---------­ Gencratinc Plant Statiltica (Small Plants) •••• _ ••• __ ._ •• _ •• _ ••••••••••• a..naa Made or Sc:hecluled to be Made in Generatins Plant Capecitiea. S.CIID-~ Geaeratinc Plants------------------------------------ 11~ Gener.atiac Plants-------------------------------------
~ped ~ ~Uac ~---------------------------------- IDtcmal_~~ ~~ne and Gu-Turbine Generatiq Plants ••••••••
1r~a.-on line ~CI----·----------------------------------- 1r~ LaM.~ ~I Year ••••••••••••••••••••••••••••••
•
Oct. 196'7 Oct. i967
FLORIDA POWER CORPORATION 80 ~...- ..... ········································ ............................ •-...,'-•••a'·''····
1. Na .. and titla of offl~er having cuatody of the general ~rporate booke of ac~ount •nd addreaa of office wher-.. the fetleral corporate booka are kept, end addreaa of offl~e where any other ~orporate boolca of ·~~ount a~ kept1 if different fro• that at which the general corporate·booka are kept.
R. R. Hayes Vice President and Controller 3201 - 34th Street South St. Petersburg, Florida 33711
2. N-e ol Slate 11nder the law. ol which retpOiideDI il ;_,........ &ad elite til ialcllll,....._ II i..--poratecl uader a ..,a.l law, pve reference to IIUCh law. If DOC iocorporaaed. llate that &ct &ad p die type tll-.•iurioe &ad cllte ........
State of Florida July 18, 1899
S. If aa aay time duriac the year die property ol rcapoedeat- held far a....,_« an.., p~ (a) - ol,.._. « ......_
(b) dale -• ftCCiver « tru11ee lOOk JIME•ion, (~) the aiiCharity far wtMdl die •ecehaiiiMp « tnllleehip - aea.l. ... (d) .. wbea p c Ilion by recciwa' « truaee ~
Not Applicable
4. State the cta.es til utility aDCi other IICI"Yices fumilbed far re1p0Ddent dwiac the year ia racb Jcaee ia wllicla dw tetpa~ ••• operated.
Electric Utility State of Florida
S. State below each claa or teeurity of the retpondent which is rqilteftd - a Ullioui11C11riliel exlaaap « ia 10 --=-e a rqiltered upon aotice ofilluance .. Give,(a) ex~ title or each~ orMCuriliee, (b).__. or-~ MCwitia ricUlend. (c)
amount ol unillued teeuritics to become rqiatered upon aotice tllilluaace. aod (d) .._ til eadl e:aeJwap llpM wiUcla .......... .. to became rqislered. Explain briefly ;r the amouau or iiiUCCI RC1Iriliel t5l'er ._ tile ._.. lhowa far tM rapaade..c'a w. an~e lbect.
a. Common Stock - Without Par*
b. 32,622,650 Shares Issued
c. 914,259 Common Shares are reserved for conversion of 4-3/8% convertible debentures issued in 1966
d. New York Stock Exchange
*Effective April 2, 1980, Common Stock Split 2 for 1 and $2.50 Par Value Changed to Common Stock Without Par Value.
1e1
Annual re ort of ••• .:f~.Q~JDA. ~Q~R .. COzy,QFA'f;J:PJJ .................................. Year ended December 19. 8.Q •.
GENERAL INFORMATION (Continued) 6. State below the name and address of the respondent's independent certified public accountant or independent
· ·~ensed public accountants (licensed on or before December 31, 1970, or registered public accountant through Dec- er 31, 1975) and date such accountant ~as engaged. If one of the above accountants has been engaged as the
,. incipal accountant to audit the respondent's financial statements ~ho was not the principal accountant for the respondent's prior filed certified financial statements, state the date ~hen such independent accountant was ini­ tially engaged.
ARTHUR ANDERSEN & CO. CERTIFIED PUBLIC ACCOUNTANTS 111 MADISON STREET TAMPA, FLORIDA 33602 ENGAGED IN 1940
lOlA
CONTROL OVER RESPONDENT
If any corporation, businesa trust, or similar organization or combination of such organizations joinlly held control over the respondent at end of year, state name of controlling corporation or organization, manner in which control waa held and extmt of control. If control was in a holding company organization,
show the chain of ownenhip or control to the maia parent CGm·
pany or organization. If control was held by a truatee(s), sta&e name of trustee(s), name of beneficiuy or beneficiaries m whom trust was maintained, and purpose of the trust.
NOT APPLICABLE
CORPORATIONS CONTROLLED IY RESPONDENT
I RqxlH 1-K-I<H•' th•· nanws of all corporation•. businc·'" trusa•. and similar or~aniLafinns. conarnllrtl dirrrlly or indirl"rtly hy rrsiK>nOI"Ilf al an) flmr durin~~: the· yl"ar. If ronlrol ra·a5M prior In •·nd of \l'ar. l!i"· parflrular.s in a footnotr.
! If C'Ontrol .,. as h~ uth•·r m•·an' than a clirr.-1 hold in~~: of vot·
Nome of Company Controlled
*Alternative Fuels Corporation
*Homeland Coal Company
**Dulcimer Land Company
in~ ri~hh, \fate· In ,.. f•N•tnutc· tht· mannt·r 1n ""huh ( onlr,.l \o\d~
hrld, namin~ an~· a'nll"rnu••liari<'ll in•·ol•·•·tl. 3. If t·ontrul ,.a• hc·ld J<Hnll) with um· nr mon nth<·r oot•·rt·'''·
Slall" thl" fa•·• '"a fnntnnt•· an<l nam•· thr ulh•·r "'"'"""·
Percent
Owned lief.
Fuel Supply 100
Coal Mining 100
Lessor of mining coal and similar property -0-
*Subsidiaries of Electric Fuels Co poration **Little Black Mountain Coal Reserv~s, Inc. owns 80% of
Dulcimer Land Company partnership
DEfiNITIONS
I. ~e the l'niform System of ..Accounts for a definition of c;ontrol.
·2. Direct control is that which is uercised without interposition of an inlermediary.
3. I ndiri"CI control is that which is exercised by the int.-rposi­ tion of an intermediary which exercises dirt"Ct control.
4. Joinl control is that in wlftch neiaher interest can effectively
103
control or direct action without the consent ofth.- oth.-r. as where th.- voting control is equally divided b.-tween t"o holden, or each party holds a veto power over th.- oth.-r. Join I control may .-xist by mutual agr.-.-ment or understanding belw.-.-n t"'o or more parties who togeaher have con1rol within tht' m.-aning of the definiaion of conlrol in lhe Uniform System of Accounts, r.-gard­ less of tne relative voting rights of each party.
Une
No.
1
2
3
4
5
6
7
8
9
Annuli report of FLORIDA POWER CORPORATION v-ended December 31. 1980
OFFICERS
1. Report below the name, title and salary for the year for each executive officer whose salary is $50,000 or more. An "executive officer" of a respondent includes its president, secretary, treasurer, and vice president in charge of a principal business unit, division or function (such as sales, administration or finance) and any other person who performs similar policy making functions.
Title
(a)
President A. Senior Vice President c. Senior Vice President
and General Counsel s. Senior Vice President B. Senior Vice President L. Vice President T. Vice President and Assistant
General Counsel R. Vice President, Secretary and
Treasurer J. Vice President G. Vice President N. Vice President & Controller R. Vice President J. Assistant Vice President P. Vice President J. Assistant Vice President J. Vice President c. Assistant Vice President J. Vice President M. Vice President M.
H. w.
w.
G. c. B. R. E. c. H. A. R. F. H. F.
2. If a change was made during the year in the incumbent of any position, show name and total remuneration of the previous incumbent and date change in incumbency was made. 3. Utilities which are required to file similar data with the Securities and Exchange Commission, may substitute a copy of item 4 of Regulation S-K, identified as this schedule page. The substituted page(s) should be conformed to the size of this page.
Name of Offica'
Neiser
Loader Moore Spake Hayes Gleason Henry Blanchard Hancock Collins, Jr. Cronin Phillips Hebb, Jr.
104
Salary
forY­
Icl
DIIECTOIS
1. Repon bdow the inform&tion called for concenain1 eKh dire.:tor o{ the respoadent who held office at any time durinc the year. Include in column (a), abbreviated titles of tire dirceu:n who are officers of the respondenL
2. Memben of the Executive Committee Jhould be desipu11ea by an uteriak and the Chairman of the Executive Committee by a double aateriak.
Ho-ofOI,..,._
Frank M. Hubbard
Richard C. Johnson **
Corneal B. Myers
(b)
105
i 3/22 3/28 15 9 450
3/22 3/28 14 9 950
3/22 3/28 14 9 700
3/22 3/28 13 9 450
3/22 3/28 15
3/22 3/28 15
3/22 3/28 15
3/22 3/28 16
3/22 3/28 16
3/22 3/28 14
3/22 3/28 16
Rev. Ed. (12-80)
Annual Report of ---~FL~O~R~I~D~A~P~O~W=E~R-~CO~RP~O~RA~T~I~O~N ________ Year Ended December 31, 1980
Instruction 5 - Indemnification of Officers and Directors:
The by-laws state, "The Corporation shall indemnify any Director, officer or employee to the full extent permitted by law."
105-A
0 o-
I. (A) Givr thr names and addre>SC:s of the 10 oecurity holden oft he respondent who, at the date oft he late•• do•ing of the stock book or compilation of list of stockholders of there­
spondent, prior to the end of tht year, had the highnl vocing powers in the respondent, !lnd )late the number of votes whit:h each would have had the right to ust on that date if a meeting were then in order. If any such holder hdd in trust, givr in a loot note the known particulars of the trust (whether voting trust, etc.), duration of trust, and principal holden of beneficiary intrrests in the tru•t. If the stock book was not closed or a list of •lock holden not compiled within one year prior to th.- end of the year, or if since the previous compila­ tion of a list of stockholders, some: other dass of security has 1M-come vested with voting rights, thrn show such 10 security holders as of the close of the year. Arrange the names of the security holders in the order of voting power, commendng with the highest. Show in column (a) lht titles of officers and dir<"cl<>rs induded in such list of 10 security holdtrs.
SECURITY HOLDERS AND VOTING POWERS
(B) Give also the voting powers resulting from owner­ ship of securitie• of the respondent of each officer and director not included in the list"of 10 largest security holders.
2. If any security other than sux:k carries voting righto, ex­ plain in a supplemental Slatement the circumstances whereby such security bc:Cilme vested with voting righa. and give other important particulars concerning the voting rights of such se­ curity. State whether voting rights are actual or <:ontingent and if contingent describe the co~tingency.
3. If any class or issue of security ha• any special privilegcos in the election of directors, trustees or managers, or in the deter­ mination of <:orpo•atc action by any method, explain bridly.
4. Furnish particulars concerning any options, warrants, or rights outstanding at the end of the year for others to purchaoe securities of the re•pondent or any securities or other assets owned hy the respondent, including prices, expiration dates, and other material information relating to exerci~ of the options, warrants, vr rights. Specify the amount of such
securities or assets so entitled to be: pur~hased by any officer, director, associated company, or any of the ten largest security holders. This instruction is inapplicable to convertible se­ curities or to any securities sub•tantially all of which are out­ standing in the ha.nds of the general public where thr options, warrants, or rights were issued on a prorata basis.
~- Give date of the latest closing of the stock book prior to
end of year, and state the Aurpose of such closing __ - - -- --- !:! t~~JL 1>_~'?-~ _ ~'?~ -~:1:~-~~<:! _ :i.r~. _:~, 9~0 _. ______ . __
6. Stale the total numb<-r of votes cast at the latt"st gene-ral meeting prior to the: end of yc:ar for election of dirrcton of the respondent and number of such votes cast by proxy ____ -._- TotaL _____ U_~~-~4_ .. 59_~- ____________ . ______ -- __ By proxy ___ _l~ .• 4-~4-,_~Q~- _______________ ----.-.- -
7. Give: the date and place of such meeting .. 1-:2_4-:-80 _St. __ -p~_te.rslnn::g.,_. f.loJ:.id_& _______ . ________ _
VOTING SECURITIES
I
2
3
(al Totul
Vote a
Total number of security holders_ ____ .. ___ . __ _
Tot.,l votc:s of security hold.-rs listed bdow . _ _ _ . __ . _ . . . __ . _____ . _____ . _ . ______ - - _ _ _
Cede & Co. -M- Box 20 Bowling Green Station New York, New York Schmidt & Co., P.O. Box 1479,Church Street Station,Ne\-1 York, NY Kray & Co., 120 S LaSalle Street, Chicago, Illinois Douglass & Co., P.O. Box 2010, Church Street Station,New York,NY Trustco & Co.,P.O. Box 4655, Atlanta, Georgia Post & Co., P.O. Box 11223, Church Street Station, New York, NY Manre & Co., 350 Park Avenue, New York, NY Teacher Retirement System of Texas, 1001 Trinity St. ,Austin, TX Pine & Co., P.O. Box 387, St. Louis, Missouri Eld & Co., 111 West Monroe Street, Chicago, Illinois
Total (A) Ten Largest Security Holders
8 031 500 1 119 432
970 997 677 600 652 328 500 400 334 741 319 220 292 600 277 000
13 175 818
8 031 500 1 119 432
970 997 677 600 652 328 500 400 334 741 319 220 292 t>OO 277 000
13 175 818
No- Cllld Addteu of Security Holder u ... No. (a)
fotal Co111-n Preferred Othe ll> Votes Sll>d< $tocl '
I' (b) (c) (d) 1•1 I i
16 (B) Officers and Directors Holdings l 11 Robert C. Allen, Director, Lake Buena Vista, Florida 200 200 t.
11 Wilmer W. Bassett, Jr., Director, Monticello, Florida 525 525 19 J. H. Blanchard, Vice President, St. Petersburg, Florida 1 931 1 931 20 S. A. Brandimore, Senior Vice President & General Counsel, St. :11 Petersburg, Florida :~2 B. M. Clayton, Assistant Secretary, St. Petersburg, Florida n C. R. Collins, Jr., Vice President, St. Petersburg, Florida :14 J. F. Cronin, Assistant Vice President, Seminole, Florida :15 Sam T. Dell, Director, Gainesville, Florida 26 J. E. Gleason, Vice President, Winter Park, Florida :11 G. E. Greene, Jr., Assistant Vice President, St. Petersburg, FL 21 B. L. Griffin, Senior Vice President, St. Petersburg, Florida n J. A. Hancock, Assistant Vice President, Crystal River, l~lorida 30 R. R. Hayes, Vice President & Controller, St. Petersburg, FL 31 M. F. Hebb, Vice President, St. Petersburg, Florida 32 P. C. Henry, Assistant Vice President, St. Petersburg, Florida 33 Byron E. Herlong, Director, Leesburg, Florida
!31 34 A. H. Hines, Jr., President, St. Petersburg, Florida* 35 Frank H. Hubbard, Director, Orlando, Florida 36
31
.C5
.C6
.CT
41
49
50
51
5:1
.n
Richard C. Johnson, Director, Seminole, Florida J. H. Joyce, Assistant Secretary & Assistant Treasurer, St.
Petersburg, Florida J. G. Loader, Vice President,Secretary & Treasurer, St.
Petersburg, Florida C. W. McKee, Jr., Senior Vice President, St. Petersburg, Florid~ G. C. Moore, Vice President, St. Petersburg, Florida Corneal B. Myers, Director, Lake Wales, Florida R. W. Neiser, Vice President & Assistant General Counsel, St .
Petersburg, Florida A. J. Ormston, Vice President, St. Petersburg, .Florida M. H. Phillips, Vice President, Ocala, Florida George Ruppel, Director, Pinellas Park, Florida I.. H. Scott, Senior Vice President, St. Petersburg, Florida N. B. Spake, Vice President~ St. Petersburg, Florida T . .F. Thompson, Vice President, St. Petersburg, Florida Jean Giles Wittner, Director, St. Petersburg, Florida
Total (B) Officers & Directors Uoldi.ngs
1 150 1 880 1 256
882 4 200 1 713 1 382 1 146
988 3 455 4 486
559 1 500
11 358 440
2 174 1 194
600
882 4 200 1 713 1 382 1 146
988 3 455 4 486
559 1 500
11 358 440
2 174 1 194
600
L-~----------------------------------------------------~---------L--------~--------L-------~0 * ~1dicates Officers who were al~o Directors (1) See Note on Page 107-A
Annual Report of --~F~L~OR~ID~A~P~O~\~~E=R~C~O~RP~O~RA~T~I_O_N _____ Year Ended December 31, 1980
Notes for Page 107
(1) Includes 2,200 shares held in a trust which both Mr. Johnson and Mr. Ruppel share with others the power to vote and share the power to dispose of these shares. The 2:200 shares is included only once in the total for Officers and Directors Holdings.
107-A
Annual re""" of FLORIDA POWER CORPORATION Y- ended O.Ceml»er 31, 19 8 0
IMPORTANT CHANGES DURING THE Y~
Hereunder give p~rticul~rs concerning the m~uers indic~ted below. M~ke t~e st~temenu e><plicit ~nd precise and nun~ber them in accord~nce with the inquiries. Each inquiry should be answered. If "none"' or "not applicable" states the fact, that response should be made. If information which ~nswers an in­ quiry is given elsewhere in the report, reference to the schedule in which ~t appears will be sufficient.
1. Changes in ~nd important additions to franchise rights: Describe the actual consideration given "therefor 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; reorganiza­ tion, ·metter. or consolidation with other companies: Give names of companies involved, particulars concerning the transactions, name of the Commission authorizing the transaction, and refer­ ence to Commission authorization.
3. Purchase or sale of an operating unit or system: Give a brief description of the property, and of the transactions telllting thereto, and reference to Commission authorization, if any was rcqui~ed. · Give date journal entries called for by the Uniform System of Accounts were submiued to the Commission.
+. Important leaseholds (other than leaseholds for natural gaa lands) that have been acquired or given, assigned or surrendered: Give effective dates, lengths of terms, names of parties, rents, and other conditions. State name of Commission auth~rizing lease and give reference to such authorization.
S. Important extension or reduction of transmission or distri· bution system: State territory added or relinquished and date operataons began or ceased and give reference to Commission authorization, if any was required. State also the approximate
number of customer